As part of its upgrading program for its Europe India service, Rickmers-Linie, has added the 17,000dwt newbuilding Rickmers Tianjin to the schedule. The base…
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Chinese Pandas touch down in Paris on the “FedEx Panda Express”
Giant Pandas Arrive in France for the First Time in 10 Years FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), announced the safe…
PSA International 2011 box throughput tops 57-M units
PSA International said it handled 57.09 million 20-foot equivalent units (TEUs) of containers at its port projects worldwide in 2011, an increase of 5.6…
Shipping an industry for long-term players, says analyst
The shipping industry is up against serious challenges in the next 12 months, and those with a great deal of resilience in terms of…
China harbor and port revenue up 10 percent in 2011—report
China’s harbor and port operations revenue for the freight transportation industry is expected to total US$39.4 billion by the end of 2011, up 10 percent…
Freight rates lift in pre-Chinese New Year rush—Drewry
Shippers should not lose sleep over the recent, short-lived jump in spot rates, but ought instead to focus on ways to mitigate the risk…
Singapore’s 2011 port traffic breaks records
Despite the global economic turbulence and the shipping industry’s woes in 2011, the port of Singapore chalked up impressive statistics last year, firming up…
ICTSI orders new container handling equipment for Philippine, Mexican operations
International Container Terminal Services, Inc. (ICTSI) recently placed orders for new state-of-the-art container handling equipment for its operations in Mexico and the Philippines. “The…
Maersk fleet to use Ericsson mobile and broadband technology
Maersk Line, the world’s largest ocean carrier, and Swedish telecommunications company Ericsson announced a partnership to equip Maersk Line’s entire fleet with mobile and…
Zim eyes rate hike on Indian subcontinent-Europe/ Mediterranean loops
Zim announced a general rate increase (GRI) on the Indian subcontinent-North/South Europe, Mediterranean and Black Sea trades from February 1, 2012. The GRI will…
CaroTrans launches direct Los Angeles-Vietnam LCL service
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has introduced a direct Los Angeles-Ho Chi Minh export and import service…
Exporters need freight forwarders with strong carrier ties
Shippers should use logistics providers with strong relationships to shipping lines, or they could find their shipments left on the quay side, says global…
FedEx enhances service capability from Kyushu to Asia
One-day transit time improvement for outbound shipments from Fukuoka, Saga and Kumamoto FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the…
arl-shipping.com launches cloud terminal tools
arl-shipping.com complements portfolio of ports and terminals tools with cloud-based collaborative business support apps with mobile access available on a pay-as-you-go scheme. arl-shipping.com launches…
Philippine registry fails to attract foreign shipowners
Foreign shipping operators continue to shy away from the Philippine registry, with some Philippine-flagged overseas-going vessels even reflagging to avail of better benefits from…
Sasa Wharf in Davao eyes 8-10% cargo volume hike
Sasa Wharf in Davao in the Philippine island grouping of Mindanao is looking at a cargo volume increase of 8-10% in the next three…
ICTSI makes follow-on bond offering
Philippine-based port operator International Container Terminal Services, Inc (ICTSI) is making a follow-on bond offering to finance port projects not only in the…
Airlines seek fuel surcharge
Cathay Pacific and subsidiary Hong Kong Dragon Airlines recently petitioned the Philippine Civil Aeronautics Board (CAB) for the adoption of a fuel surcharge to…
Safmarine welcomes new year with appointment of Grant Daly as new CEO
Safmarine has announced the appointment of Grant Daly as its new CEO, effective February 1, 2012. South African-born Daly, currently Safmarine’s Head of MPV…
2012 to see spike in high-tech logistics outsourcing—report
More shippers and carriers will look to outsource their supply chain and logistics requirements to IT-savvy logistics firms for speedy execution and delivery as…