IFW editor wins Journalist of the Year award 2009-12-17IFW editor Gavin van Marle has won a prestigious award from the transport media and communications organisation Seahorse.
Momentum joins Atlas International Network 2009-12-17Atlas International Network has recruited Momentum Logistics to its global alliance of more than 160 freight forwarders, ocean transportation intermediaries (OTIs) and non-vessel operating common carriers (NVOCCs).
Investors show interest in Tallinn's container terminal 2009-12-17Financial investors' interest in the expansion of the container terminal at Estonia's main merchant port of Muuga has become more intense towards the end of the year, according to the chairman of the state-owned port company Tallinna Sadam's supervisory board, Baltic News Service reported.
Funding slowing terminal 2009-12-17Courtesy of a funding glitch, a joint South Carolina-Georgia port terminal planned for Jasper County continues to fall behind schedule in one of the most elementary ways: getting an easement lifted from the tract where it will be built, the McClatchy-Tribune Regional News reported.
No surprise at US scanning backdown 2009-12-16The British International Freight Association (BIFA) said it was "hardly surprising" that the US Department for Homeland Security (DHS) would not be able to meet its 2012 deadline to implement its goal of 100 percent inbound container scanning.
Ningbo Port to list in Shanghai before HK 2009-12-16Ningbo Port, one of the mainland's largest, will sell shares in Shanghai next year, with Hong Kong as a possible subsequent listing venue, the South China Morning Post reported.
ICTT terminal to be commissioned by March 2009-12-16Dubai Ports World (DP World) has assured Cochin Port Trust authorities that the International Container Transshipment Terminal (ICTT) on Vallarpadam Island will be commissioned by the end of March next year and ready for commercial operations by the first week of April, the Hindu reported.
Cosco Holdings likely to swing to net loss in 2009 2009-12-16China Cosco Holdings said it is expected to swing to a net loss in full year 2009 as the global financial crisis hit the shipping market and pushed down freight rates, Dow Jones reported.
APM Terminals Rotterdam welcomes new calls 2009-12-16CMA CGM's new 365 meter-long, 52.1 meter (20 containers) wide fleet flagship, the Cristophe Colomb was welcomed on Friday the 11th to the Port of Rotterdam on its maiden voyage from Asia.
EIB finances Barcelona port expansion 2009-12-15The European Investment Bank (EIB) approved on December 9 a US$220.1 million loan for expanding the Port of Barcelona, Europolitics reported.
ICTSI signs $100m loan agreement with Banco De Oro 2009-12-15Philippine-based port operator International Container Terminal Services (ICTSI) has signed a US$100 million loan agreement with Banco De Oro Unibank, Dow Jones reported.
JICT signs loan deal to fund expansion 2009-12-15The Jakarta International Container Terminal (JICT) has signed a US$70-million loan deal from the International Finance Corporation (IFC), the World Bank's investing arm, to partially fund a $160-million expansion plan at Tanjung Priok Port, the Jakarta Post reported.
Government OKs Tianjin port stake buy 2009-12-15Port operator Tianjin Port Development Holdings said the Chinese government has approved its plan to buy 56.81 percent of Shanghai-listed Tianjin Port Holdings in a cash-and-stock deal valued at US$1.4 billion, Dow Jones reported.
Lufthansa fights looming Frankfurt night flight ban 2009-12-15Fighting to head off a looming ban on night flights at its Frankfurt hub, Lufthansa will challenge a German court ruling that blocked an earlier appeal by the airline, Reuters repoted.
Dismal showing by major Indian ports 2009-12-14While the rest of the economy is showing signs of recovery, the 12 major ports in the country continue to reel under the trade slowdown with a meagre 4.7 percent year-on-year growth in their throughput from April to November, reported NewsWire18.
IFC provides $70m loan to Jakarta terminal for expansion 2009-12-14The International Finance Corporation (IFC) has provided a loan of US$70 million to Jakarta International Container Terminal (JICT) for the expansion of the existing terminal and building more such infrastructure projects, reported the Organisation of Asia-Pacific News Agencies.
Lines brace for possible tax on bunker fuel 2009-12-14Shipping companies, already crimped by a global trade slump, fear that the Copenhagen climate summit will deliver another hit: a tax on bunker fuel, the thick, sulphuric low-grade oil that powers ships.
Double-digit cargo rise at Shanghai port 2009-12-14Shanghai port's cargo throughput last month grew by double digits for the first time this year, reflecting a rise in exports, reported Shanghai Daily.
Lines brace for possible tax on bunker fuel 2009-12-14Shipping companies, already crimped by a global trade slump, fear that the Copenhagen climate summit will deliver another hit: a tax on bunker fuel, the thick, sulphuric low-grade oil that powers ships.
MSC increases charges 2009-12-11MSC has announced four charging changes, which will affect European, Asian, west African, Middle Eastern, US and Mediterranean cargo.
