All Shipping articles – Page 13
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ArticleBoth sections of stricken Mitsui vessel now sunk
Both halves of Mitsui OSK Line’s stricken container vessel MOL Comfort have now sunk in the Indian Ocean with a loss of more than 4,000 TEUs. The vessel, which broke in half in heavy seas after sustaining damage on June 17th, was en route to Saudi Arabia from Singapore, having ...
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ArticleSimplytrak launches online freight exchange
Global vehicle tracking provider Simplytrak has launched a free online freight exchange called 'shipntrak' that it said enables shippers and hauliers to match cargo with available space.The company said the auction-style platform will help reduce costs and promote competition amongst hauliers. At the same time it will provide hauliers with ...
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ArticleCounting cost of 'MOL Comfort' disaster
Automotive OEMs and tier one suppliers are trying to assess what losses they may have made following the break up of the Mitsui OSK container vessel – MOL Comfort – off the coast of Yemen, which was carrying almost 4,400 containers.“We have been in contact with a number of ...
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ArticleNo tools in the box to fix SOx impact says ECG
The deadline on regulations being brought in by the International Maritime Organisation (IMO) to control sulphur emissions in European waters comes into effect at the beginning of 2015 and it looks to be bringing with it a crisis for the shortsea shipping industry. Following the European Union’s Clean ...
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ArticleExecutives on the move: Hena Kausar, Jürgen Maidl, Frank-Peter Arndt, Peter Hörndlein, Kate Betsworth, David Giandinoto, Neil Scott, John Turner, Jaap Bruining, Lucas Vos, Quintin Kendall
Hena Kausar, assistant general manager at Maruti Suzuki India (pictured right), has been awarded the title of Logistics Woman of the Year 2013 by the Chartered Institute of Logistics and Transport (CILT) as part of its Achievers Award and Talent Hunt programme to recognise supply chain and logistics industry ...
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ArticleGlobal round up
Grimaldi terminal to bolster Med servicesItalian ocean carrier and shipowner Grimaldi is strengthening its provision of short-sea services in the Western Mediterranean with a new terminal at the port of Barcelona in Spain. The company was awarded a 15-year concession by the Barcelona Port Authority (renewable for a further ...
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ArticleGlobal round up
Yusen opens Russian Far East branchYusen Logistics’ Russian division has opened a branch in the Russian port city of Nakhodka in response to “the growing demand for logistics services in the Far East”. Situated on the Trudny Peninsula, 85km east of Vladivostok, and near the Vostochny intermodal container terminal, ...
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ArticleYusen targets auto freight forwarding and aftermarket in Europe
Growing in freight forwarding;Outsourcing the aftermarket;Options in Russia and Turkey.These are tough days for container shipping, with most of the major lines reporting losses, struggling with overcapacity and trying, with varying degrees of success, to push rates back to sustainable levels. Sailing against the winds of the market is particularly ...
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ArticleYusen targets auto freight forwarding and aftermarket in Europe
These are tough days for container shipping, with most of the major lines reporting losses, struggling with overcapacity and trying, with varying degrees of success, to push rates back to sustainable levels. Sailing against the winds of the market is particularly difficult when moving thousands of boxes is almost always ...
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ArticleFreight rates for sea and air July-August 2012
Container shipping spot rates on the Asia-Europe trade lane remained high in July and August at around $3,500 following a light increase between March and May this year when carriers withdrew capacity and forced rates up. Container loading on the route rose to $4,000 per FEU, a 110.4% increase in ...
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ArticleGlobal round up
ACL books innovative con-ro vesselsAtlantic Container Lines, the Grimaldi-owned north-Atlantic ocean forwarder, has signed a contract with Chinese state-owned Hudong-Zhonghua Shipbuilding for the delivery of five container/ro-ro (con-ro) vessels that, when completed by 2015, will be the largest vessels of their kind in the world, according to the company. ...
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ArticleWith the clock ticking, take sulphur out at source
Moving cars and equipment on the ocean is arguably the least environmentally damaging way of doing it. The good news is that it is about to become even less polluting with the introduction of emission control areas (ECAs) around the coasts of the Baltic and North Sea in Europe and ...
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ArticleGlobal round up
JATCO ships volume ATs to AvtoVazJATCO, the Japan-based automotive joint venture between Nissan, Mitsubishi and Suzuki that makes automatic and continuously variable transmissions, has started volume shipments of automatic transmissions (ATs) to AvtoVaz at its plant in Togliatti–the first time the Japanese company has supplied a Russian carmaker.The contract ...
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ArticleFreight rates - sea and air May 2012
Container shipping spot rates on the Asia-Europe trade soared in the early part of the year, rising nearly fourfold from December to early May before starting to fall again. According to Drewry analyst Martin Dixon, carriers focused on rate recovery in an attempt to restore profitability. To support these initiatives, ...
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ArticleWWL calls for critical mass on fuel strategy
Following the European Parliament’s confirmation that it will not apply a five-year extension to the introduction of MARPOL regulations governing sulphur content of bunker fuels (read more here), the shipping industry is now faced with the unavoidable prospect of forwarding goods with a maximum limit 0.1% sulphur content in ...
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ArticleEU rejects extension of shipping sulphur limits
The European Parliament has confirmed today that the EU will adopt stricter regulations on sulphur limits in shipping fuels by 2015 and that it will not apply a five-year extension, as had been debated last week during negotiations between the Parliament, European Council and European Commission. The news ...
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ArticleGlobal round up
Groupe CAT wins Ssangyong contract in UKTransport and logistics provider Groupe CAT is providing Ssangyong with technical services for vehicle imports to the UK through the port of Bristol at Portbury following a contract signed in February. Onward distribution to the dealerships in the UK will be handled by CAT's ...
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ArticleGlobal round up
Fesco adds Tacoma to US-Russia serviceRussian transport and logistics provider Fesco Transport is responding to growing demand for breakbulk, ro-ro and project cargo deliveries in the Far East of Russia with a new fortnightly service from the port of Tacoma on the US West Coast. Fesco Russian Pacific Line is ...
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ArticleGlobal round up
A major new multimodal logistics development at the Turquerie business park in Calais, France, which promises to build the biggest logistics centre in northern France, has been officially launched. Conceived as the main gateway for the shipping of goods between France, northernEurope and the UK, the Calais Premier project, located ...
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ArticleShipping lines need to engage with bunker regs
Shipping lines and associations, including the ECG and ECSA, have vowed to continue fighting legislators to stop or delay the imminent MARPOL regulations designed to cut shipping fuel sulphur content on short sea routes in northern European waters. However, ocean forwarders should take a more constructive approach and cooperate with ...