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Tag: shipping
IHMA welcomes shipping counterfeit measures
A new initiative, aimed at tackling the problem of counterfeiting in the shipping sector, has been welcomed by the International Hologram Manufacturers Association (IHMA.) The industry trade body says the new Know Your Customer (KYC) Best Practices* is a significant ...Read More
Tags: Freight Shipping, shipping
Record India soybean imports
Traders overseas have signed deals to export up to 100,000 tonnes of soybeans to India since December, shipping mainly from the African countries of Ethiopia and Benin, with which India has concessional import duty agreements. India's soybean imports have hit ...Read More
Freight train service to link Yanbian, China with Europe
A new China-Europe freight train route is to open, which will link up northeast China's Korean Autonomous Prefecture of Yanbian with Europe this year, the prefectural government said last week. The freight train will begin from Changchun, capital of Jilin ...Read More
Tags: air freight, China, freight, shipping
Gothenburg container port endangered by industrial dispute
The CEO explained: “We had hoped for a recovery towards the end of the year in the absence of any industrial action since last summer. But this was not the case. The message from the freight owners is loud and ...Read More
Tags: containers, freight, shipping, Sweden, trailer
Soaring Freight Costs Will squeeze profits
It’s getting more expensive to ship commodities around the world, threatening to squeeze profits for global traders and raise food prices. The Baltic Dry Index, which published current shipping rates, surged 73 percent in 2017 to a four-year high because ...Read More
Shipping Company Improves Container Freight Services
A major Shipping Company has announced enhancements to its container freight services; they have added a new line connecting the Far East with the Red Sea, revised its Australia Express Service. Transit times to the North West Continent ports of ...Read More
Norway Clears Shipping Lines Acquisition
The Norwegian Competition Authority has approved the proposed acquisition of the Norwegian freight shipping firm, Nor Lines, by the Dutch logistics company, Samskip. The competition commission decided that the acquisition of activities associated with Nor Lines AS would not result ...Read More
Tags: Freight Shipping, logistics, Norway, shipping
Baltic Exchange exploring new freight indexes
The Baltic Exchange is researching the possibility of freight indexes for grains and liquefied natural gas. The London-run business is targeting new markets after its acquisition by Singapore Exchange last year, the Baltic's chief executive said. Founded in 1744 as ...Read More
Swiss Boom in Clothing Exports deceptive
A large increase in Swiss exports of clothing and shoes isn’t quite what it appears; export shipments of textiles and footwear rose 10 percent in 2016, second only to pharmaceuticals and chemicals. But that really reflects dissatisfied shoppers sending back ...Read More
Tunisia Seeks to Increase Exports to Russia
Tunisia is hoping to increase its exports to Russia. Many government and private institutions are seeking to boost the Tunisian presence in the promising Russian market. The capital Tunis hosted a workshop to study potential to export to Russia, the ...Read More
Freight forwarder expresses concern about shipping alliances’
A Miami-headquartered online freight forwarder has warned that the launch next week of new shipping alliances will result in a shortage of options for freight forwarders. The company’s co-founder raised concerns that the shipping companies’ reshuffle may reduce shipping options, ...Read More
Tags: container, freight, freight forwarders, shipping
Freight ship tries rotor sails
Shipping companies have been working on innovative solutions to shipping's carbon footprint. Operating cargo ships at lower speed can dramatically reduce emissions, and there have been trials of interesting add-ons like kite-powered ships—although. Now a major shipping company is installing ...Read More
Autumn Statement good news for Exports
In his autumn statement earlier in November, the Chancellor announced doubling support for export shippers as the government looks to make it easier for British companies to export. He has extended the export credit guarantee and increased the number of ...Read More
US may launch investigation into Chinese steel imports
The Department of Commerce is expected to launch a formal investigation into whether Chinese steel companies are shipping steel through Vietnam to avoid U.S. import tariffs. The decision to investigate, follows a complaint in September from U.S. steelmakers, and is ...Read More
Air Freight Posts Stronger September Growth
The International Air Transport Association (IATA) released data for global air freight markets in September 2016, which showed that demand, measured in freight tonne kilometers (FTKs), rose 6.1% year-on-year. This was the fastest pace of growth in freight since the ...Read More
Tags: air freight, freight, shipping
Container shipping lines see export growth
The Indian unit of global shipping company Orient Overseas Container Line, is also seeing an exports revival, helped by a “slight rebound” of demand in the U.S.A and Europe. Orders for exports of agricultural goods and cars was strong among ...Read More
Tags: containers, exports, shipping
India’s Exports Showing Signs of Recovery
Container shipping companies, which handle about 55 percent of India's merchandise trade, say exports volumes are picking up. The improvement they have witnessed is starting to show in official exports figures, which in September rose at the fastest pace in ...Read More
Danish exports may recover slightly in future
Danish exports have been weak and had dropped 3.7 percent in the first quarter of 2016 on a year-on-year basis. Very weak trade growth globally in 2015 was one of the reasons for weak exports in Denmark. The nation’s shipping ...Read More
UK freight strategy questioned
The Institution of Mechanical Engineers has called for the British government to urgently introduce a national multi-modal freight strategy with the aim of easing traffic congestion, improving air quality and boosting the economy. Too many imports enter the UK via ...Read More
First Freight Containers Transit Newly Expanded Panama Canal
The long-awaited expansion of the Panama Canal has officially opened. Despite the latest slump in shipping, those associated with the Canal’s development are maintaining a positive outlook. The deputy canal administrator, points out that trade is cyclical and that the ...Read More
Tasmania gains new China freight link
A new shipping service will connect Bell Bay with interstate ports and China. Five Great Southern Shipping container vessels will service Bell Bay as of August, with the service calling into Brisbane, Sydney, Melbourne and Fremantle, as well as the ...Read More
China Shipping co negotiates with Greek companies for Athens freight terminal
A Chinese shipping conglomerate is in advanced talks with a Greek real estate developer and logistics provider, about jointly bidding to build and operate a rail freight terminal near Athens, a Greek newspaper reported. Greece has launched a tender for ...Read More
Shippers want transparency in air freight bookings
A Supply Chain executive for a chemicals company has complained that despite spending millions on air freight, he has no contact with the airline. Lars Droog called for more transparency in the booking process: “We select which shipping lines we ...Read More
Tags: air freight, freight, freight forwarders, shipping
`Brexit’ Debate helps Wheat Exports
U.K. wheat sales jumped to the highest in four years, due to a slumping pound as the country approaches a vote on whether to leave the European Union. British wheat exports climbed to almost 310,000 metric tons in January, the ...Read More
New shipping container weighing regulations
The World Shipping council and other industry bodies have issued a new Frequently Asked Questions document to help with the new container weighing regulations which take effect on 1 July 2016. The regulations require packed shipping containers to have a ...Read More
Tags: container, containers, shipping
Government asked to consider maritime for freight
The New Zealand Shipping Federation has released a document called Full Steam Ahead, encouraging politicians to appreciate the advantages of maritime transport. The Executive director Annabel Young said shipping tended to get left out of discussions when the government planned ...Read More
Freight operator to increase Irish Sea sailings
An Irish Sea freight operator is increasing the frequency of its sailings to and from the Port of Liverpool, due to the new Liverpool2 container terminal. The changes by the Freight company, in response to the creation of Liverpool2 and ...Read More
Freight Train Gridlock in Chicago
The State Railway of America, Amtrack, has just published the results of a year-long investigation into the chronic passenger and freight train gridlock in Chicago. Shipping delays on the freight line are so serious that customers often need to hold ...Read More
Russia Plans Cheese Imports From Iran
Iran is ready to start shipping cheese to Russia, a little over a year after Moscow imposed an embargo on dairy products from most European countries. Iranian dairy products to be supplied to Russia successfully passed an inspection by Russia's ...Read More
Shipping container freight rates jump
Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped by 26 percent to $591 per 20-foot container (TEU) in the week ended on Friday 28 August, data from the Shanghai Shipping Exchange showed. The rise ...Read More
Tags: freight, Seafreight, shipping
Investment pours into freight despite shipping slump
Global trade and shipping figures continue to be disappointing, but investment into the freight sector continues, with logistics providers hoping that better routes to market will help buck the trend. In Asia, a major parcels company has initiated an extension ...Read More
India’s sugar exports may double
Sugar exports from India may double as farmers prepare to harvest the third-biggest crop ever, extending the country’s surplus for a sixth year. Farmers will be shipping 2 million metric tons in the 12 months starting October 1, according to ...Read More
Shipping Freight Rates to Stay Low
Shipping freight rates, which have hit record lows this year, are set to remain weak for the rest of the decade or longer. There are too many ships and low fuel prices are capping operating costs, a recent report said. ...Read More
Tags: freight, Freight Shipping, Seafreight, shipping
USA February meat exports lower
While still affected by severe congestion in the West Coast ports, February exports of U.S. beef, pork and lamb bounced back to some degree from the totals posted in January, according to data released by USDA and compiled by the ...Read More
Tags: containers, exports, freight, shipping, USA
Rose imports bloom in Japan
Rose imports to Japan are starting to peak before the nation’s annual rites for graduation ceremonies and corporate personnel reshuffles. Workers at the flower importer Classic Japan Ltd. have been especially busy this week inspecting rose imports from Kenya at ...Read More
Fruit exports halved
Citrus and fruit growers in California complain that ongoing port congestion on the US West Coast, saying it was costing them US$3m a week during the peak export period. One company complained of shipping half of its usual 350 containers. ...Read More
Norway GDP Expanding as Exports Increase
Exports and domestic consumer demand prompted a greater than expected increase in the economy of Norway for the fourth quarter of 2014. The largest economy in Scandinavia expanded its GDP by 0.5 percent, according to Statistics Norway. This excludes oil, ...Read More
Biggest container ship – for now
Local shipping journalist at the port of Felixstowe said on Wednesday that the CSCL Globe will be the biggest ship in the world for only a short time. "In about eight or 10 weeks there will be a bigger ship ...Read More
Spectators watch container ship
Hundreds of spectators arrived along the Suffolk coast to watch the world's largest container ship dock at Felixstowe's deep-water berths eight and nine, which were opened in 2011, costing £300m. A shipping enthusiast watching the ship come in told BBC ...Read More
Tags: containers, shipping
Panama Canal extension using barge freight
The ongoing Panama Canal expansion project has reached an important milestone in its aim to meet the expected traffic growth and meet with the requirements of the international freight and shipping community. A heavy lift barge has delivered the first ...Read More
Suez Canal to Expand Freight Capacity
As part of Egypt’s $8.4 billion plan to increase the freight capacity of the Suez Canal, the country’s Government and the Suez Canal Authority has awarded over $2 billion worth of contracts to two consortia, to dredge the vital shipping ...Read More
Freight Companies aid West Africa
Freight and logistics companies are playing their part in shipping vital supplies to West Africa to help fight the Ebola outbreak. One company has airfreighted more than 70 tonnes of urgent supplies to Monrovia, Liberia to help combat the spread ...Read More
Mississipi Freight charges limit Exports
As U.S.A farmers begin the biggest corn and soybean harvests ever, the bins in Illinois remain almost empty because it simply costs too much to send Midwest crops by barge to New Orleans export terminals. Shipping fees along the Mississippi ...Read More
Abu Dabi Export and Import Growth
Abu Dhabi Ports Co (ADPC) expects a surge in shipping traffic towards the end of this year, as work on major infrastructure projects in the capital gathers pace, the company’s chief executive said. Container traffic at Khalifa Port is expected ...Read More
Tags: containers, exports, imports, shipping
Rotterdam/Immingham extra freight shipping capacity
Shipping company DFDS is introducing extra sailings on the Immingham to Rotterdam freight route, taking the total to eight freight sailings a week. Customers will be able to take advantage of two extra round trips a week, in addition to ...Read More
China considering high-speed freight trains
China is considering high-speed freight trains, to meet growing demand for faster shipping in the world's biggest e-commerce market. China Railway is setting its sights on two different types of freight trains – super fast trains with a speed of ...Read More
Shipping Lines face cost increase
As from 1st January 2015, the new EU sulphur directive will come into force, regulating the maximum allowed sulphur content of bunker fuel. The directive means that the sulphur content of the shipping line's bunker fuel must be reduced dramatically from the turn ...Read More
Logistics Group Freight Stacking in Containers
A major logistics company has launched an innovative ocean freight shipping service. The system enables double stacking of freight inside shipping containers, through the installation of specialised decks, which are designed to be suspended from the roof of the container. ...Read More
Tags: containers, freight, logistics, shipping
Shipping to cost more
The increased cost of shipping cause by the EU Sulphur Directive, is finally making the headlines. Letters and articles are appearing in national newspapers pointing out that in the absence of any derogation from this directive, which is due to ...Read More
Shipping Organisation calls for clarity on SECA’s
The European Community Shipowners' Association (ECSA) has issued an open letter requesting a harmonised and realistic approach to the EU Sulphur Directive. The Sulphur Directive comes into force on 1 January 2015; it requires that within Sulphur Emission Control Areas ...Read More
Tags: shipping
Emission Control – Shipping Companies need more time
Shipping companies said that they need more time to comply with the European Sulphur Directive, which requires that from January 2015, ships sailing in the Sulphur Emission Control Areas (SECAs) covering the Baltic Sea, North Sea and Channel must use ...Read More
Tags: freight, Seafreight, shipping
USA Freight Shipping Volumes under strike threat
A contract between the International Longshore and Warehouse Union (ILWU) and the employers representative group, the Pacific Maritime Association (PMA), expired on June 30. From 1 July, all freight passing through the ports responsible for around 35% of all US ...Read More
Singapore wins at Asian Freight and Supply ChainAwards
Singapore companies snapped up seven of the 39 awards presented at the 28th Asian Freight and Supply Chain Awards ceremony in Shanghai. Several hundred top transport, logistics and supply chain executives from around the region gathered at The Peninsula to ...Read More
Influx of freight trains due to widened canal
The number of freight trains passing through Florida could more than double after a widened Panama Canal opens. The wider canal and new shipping lane will allow massive new mega-ships to pass through in early 2016, increasing the volume of ...Read More
New freight opportunities for Limerick-Shannon
Stakeholders from Ireland’s freight, logistics and transport sector gathered in the Castletroy Park Hotel in Limerick on Wednesday 28 May, to discuss how the Limerick-Shannon region could become a strategic freight logistics hub with direct connections to some of the ...Read More
Tags: freight, logisitics, shipping
Shipping Industry ‘Invisible’
A cross-section of executives from shipping and associated professions and commentators who attended the sixth annual Grand Debate organised by WISTA-UK concluded that the commercial world is largely oblivious to the essential nature of shipping. WISTA UK is a leading ...Read More
Tags: shipping
Revolution in Shipping Containers?
Carbon fibre composites could transform the shipping container, by making it lighter and more easily scanned. The steel container currently used is cheaper to produce; it costs about $3000 as opposed to $8000 for the carbon fibre, but because the ...Read More
Tags: container, containers, shipping
US craft brewers export beer around the world
Small independent U.S. craft brewers are exporting all over the world, from Sweden to Japan. The tables in the global beer garden have turned: An industry which started in the U.S.A three decades ago by emulating styles brewed in other ...Read More
New Freight Service from Container Shipping Groups
A new fixed-day weekly service between the Red Sea and Asia will commence May 8, 2014. The new routing will be provided by three Shipping Lines in co-operation, and is in answer to the growing demand and customer requirements in ...Read More
East-West Freight Rates Remain Low after Chinese New Year
After three consecutive months of price rises, freight rates on the East-West trades declined in February, according to Drewry’s online Container Freight Rate Insight. Rates came under most pressure on the Asia-Europe shipping route, which weakened following a meteoric rise ...Read More
Tags: containers, freight, shipping
Shipping Line Fined Again
A South American shipping lines has had to reach another costly agreement with the Federal Maritime Commission (FMC) a week after paying a substantial fine for collusion on freight rates. The company was accused of violating the Shipping Act by ...Read More
Freight Lost as Shipping Containers Go Overboard
Last month's extreme weather conditions caused a major incident for freight in transit in the Bay of Biscay. A 8,160 TEU container vessel lost a significant number of boxes overboard, during very rough weather in the Bay of Biscay on ...Read More
Tags: containers, freight, shipping
Shipping Container washed ashore
A shipping container holding 14 tonnes of cigarettes was discovered washed up at Seaton on the East Devon coast on Sunday 23 February. The 40ft-long freight container was found at Seaton, on the Lyme Bay coast, and is believed to ...Read More
Tags: containers, freight forwarding, shipping
Shipping Industry Awaits Increased Freight capacity as Panama Canal work re-starts
Work resumed on the much awaited Panama Canal expansion at the end of last month. The recent stoppages were caused by a dispute over cost overruns. Major logistics groups have continued to expand operations in the region whilst for the ...Read More
Tags: container, containers, freight, shipping
Shipping Container Stuffed with drugs
Early in February, an estimated $180 million worth of crystal methamphetamine was discovered in a shipping container in Sydney. The drugs were found in kayaks which were being transported inside the shipping container from China. Customs officials x-rayed the 27 ...Read More
Tags: China, containers, shipping
Felixstowe to charge container hauliers
From next month the port of Felixastowe will make a mandatory charge to all hauliers wishing to collect and/or deliver shipping containers at the Port of Felixstowe. The £1.50 charge per booking is designed to reduce the effect of the ...Read More
Tags: containers, shipping
Foldable Shipping Container Tests
The shipping industry may be set to undergo a revolution if a new folding shipping container proves its worth. The containers were tested out at the end of last year between Hong Kong and Rotterdam, where they were unloaded from ...Read More
Tags: containers, freight, shipping
Increase in freight rates good news for shipping firms
The end of 2013 and the beginning of the New Year have encouraged shipping companies in India, with freight rates touching a three-year high, mostly on the back of increased demand for movement of oil and iron ore. Shipping companies ...Read More
Tags: freight, Seafreight, shipping
U.S.A Bill would fund freight projects via new shipping fee
A Bill has been introduced to the USA Senate proposing funding for freight project. The Act, if passed, would provide for competitive grants for projects designed to increase the efficiency and capacity of the national freight mobility network in America. ...Read More
Tags: freight, Seafreight, shipping
Freeze Hits Road and Air Freight Services in USA
In early January freight movement in some parts of America slowed to a standstill as the effect of the so called ‘Polar Vortex’ has been felt in areas unused to such extreme conditions. Thousands of flights were cancelled and roads ...Read More
Tags: freight, Seafreight, shipping
Tasmania wants Air freight subsidy
TASMANIA's biggest airport says that air freight should be subsidised by the Commonwealth. The Tasmanian Freight Equalisation Scheme covered sea freight but not air freight reduced freight market competition, Hobart Airport argued in a submission to the Productivity Commission's inquiry ...Read More
Tags: air freight, freight, Seafreight, shipping
Shenzhen luring container shipping from Hong Kong
Port authorities in Shenzhen are working aggressively to persuade foreign carriers to omit Hong Kong as a transit hub and do business directly with them. Shenzhen is well-placed to surpass Hong Kong as the world's third busiest container port this ...Read More
Tags: China, container, containers, shipping
Increased Freight Rates for container shipping lines
Container shipping lines hope for a better year as freight rates are increasing. They are expecting overcapacity to ease during the year. Surplus supply, which has been a major problem for shipping lines since 2008, should narrow to 1.5 per ...Read More
Tags: container, freight, Seafreight, shipping
New Container Shipping Service to Fiji
The first ever direct ocean Less than Container Load shipping service between northern Europe and Fiji has been announced.The new service, operating on weekly sailings from Rotterdam to Suva, will slash transit times from 55-60 days to just 36, while ...Read More
Tags: container, freight, Seafreight, shipping
Russia banning fish imports from Norway
Russian vets recently returned from a visit to Norway;they are unsatisfied with the food safety control and want to stop all import of fresh fish and fish products from Norway. Norway exports salmon to 120 different markets; only the Russian ...Read More
Tags: exports, freight forwarding, imports, International Freight, Norway, shipping
Freight Rate Increase for December
Freight rates from Asia to Europe suddenly jumped during the last week in December. This are expected to last longer than usual as carriers refuse cargo which has not been pre-booked. The latest figures from the Shanghai Containerised Freight Index ...Read More
New Freight route links UK with Spain
From 5 January, 2014, there will be a new weekly freight service between Poole and Gijón. The Poole-Gijón service will leave the Dorset port on Tuesdays with the return leg departing from Spain on Fridays. The same shipping line will ...Read More
Tags: shipping
New Adriatic Shipping Route
An Italian shipping line has increased its presence on ferry routes between Italy and Greece with the launch of a new round-trip service linking the ports of Ravenna, Igoumenitsa and Patras later this week in December. The new ’motorway of ...Read More
Tags: shipping
Shipping bosses face death sentence
The former chairman of Vietnam’s state-owned shipping conglomerate, Vinalines, Duong Chi Dung and former CEO, Mai Van Phuc, were yesterday sentenced to death for embezzlement. The government of Vietnam is stepping up its crackdown on corporate corruption. Dung went on ...Read More
Tags: shipping
More US cars Shipping to China
Exports of cars from the USA to Saudi Arabia and China are increasing revenue for shipping vessel operators. The U.S.A exported a record 1.8 million cars and light trucks last year. Exports rose another 8.9 percent in the first 10 ...Read More
Tags: exports, freight, imports, Seafreight, shipping
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