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  (QCS) OPEC June output up to 26.02 million barrels per day   2009-7-3

According to Reuters, output from OPEC [not including Iraq] rose to 26.02 million barrels per day (bpd) from 25.91 million bpd in May, 1.18 million bpd above the collective target of 24.84 million bpd for the 11 quota-bound members. That figure implies that the 11 quota-bound members of the oil cartel were in June showing only 72% compliance with the 4.2 million bpd of reductions agreed last September. May compliance was estimated between 75-78%. Bloomberg meanwhile, reported that total OPEC output in June was up for the third straight month at 28.23 million bpd, up 55,000 bpd from May volumes. Output from the 11 quota-bound


  'K' Line opens agency in South Africa    2009-7-3

"K"Line has established its own shipping agency in South Africa as a joint venture together with The Bidvest Group.


  Boxes pile up at main Indian port   2009-7-3

Chronic congestion at the Jawaharlal Nehru Port (JNP) in Maharashtra, which accounts for nearly 60 percent of India's container traffic, is pushing the Indian maritime industry, already hit hard by the global trade slowdown, into a tighter corner, reported The Economic Times.


  Alblasserdam to get Container Transferium    2009-7-3

The Dutch Transport Ministry and the Port of Rotterdam Authority (PoRA) have signed an agreement that will bring a Container Transferium (CT) to the town of Alblasserdam, east of Rotterdam.


  Great Lakes work begins   2009-7-2

Work has started on the US$490m construction of a new lock on the Great Lakes waterway system in North America.




  Evergreen and Coscon combine services   2009-7-2

Soaring bunker prices and deteriorating market conditions have led Evergreen and Coscon to combine their jointly operated Far East-South America (ESA) and Far East-Africa Express (FAX) services.


  Zoom awaits answer on Vizhinjam terminal   2009-7-2

Over a week after a wave of rumours and speculation lashed the prospects of the US$1.1 billion Vizhinjam container transhipment terminal, Mumbai-based Zoom Developers is still awaiting the result of the re-evaluation of the company's bid by a committee set up by the state government, the Economic Times reported.


  (TRANSUNION)DHL to add 10 hubs in China   2009-7-1

DHL Supply Chain, the logistics unit of Germany¡¯s Deutsche Post, plans to add 10 transportation hubs in China by the end of this year to meet increasing demand for domestic shipping. "Our customers are growing in China, which is one of the fastest-growing markets for DHL," said Victor Mok, Greater China vice president of DHL Supply Chain Greater China, said at the opening ceremony of its $25 million hub in Shanghai for transportation in eastern China. "China is not only a production base any more, and we are not just moving things for exporters, but also to support domestic consumption in China," Mok told reporters. DHL group has invested approximately $2.2 billion in the Asia-Pacific region and will continue to make significant investments in the future, Mok said. He added that DHL Supply Chain's growth in China will mostly be organic, though the company doesn't rule out acquisition opportunities.


  Ex-shipping secretary admits irregularities   2009-7-1

A former shipping secretary Monday confessed to irregularities in awarding a container handling deal to a firm on the last day of former caretaker adviser MA Matin in office, the Financial Express Bangladesh reported.


  Exports to China help lift NZ surplus   2009-7-1

Imports are collapsing but exports are rising, especially to China after the free trade deal which came into force late last year, the Timaru Herald reported.




  Discount for shippers that use ExpressRail    2009-7-1

Building on an initiative announced earlier this year to encourage shippers to use the the Port Authority of New York and New Jersey's ExpressRail system, the agency's Board of Commissioners has approved a new incentive program to encourage shippers to transport their cargo via new rail routes.


  (QCS)Ferry cargo ransportations between Georgia, Ukraine and Bulgaria to grow 1.5 times   2009-6-30

Black Sea ports Poti and Batumi (Georgia) in the near future plan to increase ferry cargo transportations, directed to Ukraine and Bulgaria, by 50 %, Edward Machavariani, sales manager of the corporation "Poti seaport" has informed . Commenting results the taken place in Poti board of directors of ferries Poti-Batumi-Illychevsk-Varna, he has noted, that the complex both organizational, and technical questions connected with prospect of intensification of a ferry communication between Georgia, Ukraine and Bulgaria has been discussed. "Participants of the meeting represented the ports, railways and companies of freight traffic of three countries, have made the decision to increase amount of ferry trips with the purpose of cargo turnover increase", - E.Machavariani has said.


  Port Klang to reduce free storage days   2009-6-30

A law to reduce the number of free storage days for containers at Port Klang to three days from five has been postponed once again, as imports and exports slumped amid the global economic slowdown, the Business Times reported.


  CMA CGM merges routes   2009-6-30

French liner carrier CMA CGM said it is combining two loops that ply the Asia-Middle East trade and using larger ships on the merged service, the Manila Bulletin reported.


  Aden containers terminal workers still on strike   2009-6-30

Aden container terminal workers have been on strike for more than 10 days in protest at the new clauses imposed by Dubai Ports World (DPW), the new operator of the Aden Container Terminal (ACT), in their labour contracts, the Yemen Times reported.




  Panama free zone losing $50m a day due to Customs strike   2009-6-29

The Free Zone of Colon (ZLC) at the Atlantic gateway to the Panama Canal is losing US$50 million per day due to a strike by Panamanian Customs officers, according to Xinhua news agency.


  Consensus on finding a way out of Vizhinjam impasse   2009-6-29

In a rare display of unanimity on the floor of the Assembly, the government and the Opposition have declared that they would work together to find a way out of the impasse into which the Vizhinjam container transhipment project has fallen, according to the newspaper The Hindu.


  Australian port operators pay up in waterfront war   2009-6-29

Two of Australia's major port operators, Patrick Stevedores and P&O Australia, haave agreed to settle a dispute with the competition watchdog, according to the Australian Financial Review.


  (TRANSUNION)ICTSI launches expanded Brazil port   2009-6-29

Manila-headquartered port operator International Container Terminal Services Inc. (ICTSI) has formally launched its newly-expanded seaport facility in Brazil. In a statement released Wednesday, the company said its subsidiary Tecon Suape S.A. (TSSA) has inaugurated the expanded container yard of the Suape Container Terminal (SCT) in northeastern Brazil. President Arroyo, First Gentleman Jose Miguel Arroyo, Senator Miriam Defensor Santiago, and Foreign Affairs Secretary Alberto Romulo witnessed the event. "President Arroyo was impressed with what ICTSI did to the Suape Container terminal. Today, the SCT is the most important container terminal in this part of Brazil. It is the most modern and largest terminal in the northern and northeastern regions of the country," ICTSI Chairman and President Enrique Razon Jr. The expanded terminal area added seven hectares to the SCT container


  Shipbroker appoints Hubbard as new boss   2009-6-26



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