Crew rescued from ice Russian cargo vessel Diomid has been trapped in Sakhalin Bay since last month. Piracy levels at six-year low Piracy at sea has reached its lowest levels in six years, with a 40% drop since Somali piracy peaked in 2011, according to the International Chamber of Commerce (ICC). The chambers International Maritime Bureau (IMB) says.. Evergreen to charter 10 more 14,000 TEU newbuildings through 2017 Work ‘Paused’ on Cummins Natural Gas Engine Cummins says it has “paused” work on its 14.9-liter natural gas engine because of “uncertainty” of the demand for such power plants amid the expense of fueling stations and on-board tanks. DOT Will Post Trust Fund Balance to Illustrate Infrastructure Deficit Transportation Secretary Anthony Foxx outlined the familiar issues surrounding the nation’s “infrastructure deficit” and added a new wrinkle: DOT will post a monthly update on the balance in the shrinking Highway Trust Fund. Marmon Highway Technologies Introduces Fontaine Intermodal Fontaine Engineered Products, Inc., a Marmon Highway Technologies/Berkshire Hathaway company, recently established a stand-alone division – Fontaine Intermodal – to design and produce innovative products for the growing intermodal transportation market. Aftermarket Sales Will Remain Soft in the Near Term Commercial Motor Vehicle Consultings CV Parts Aftermarket Leading Indicator decreased 0.2% in November to 100.82 following 0.3% decrease in October. The downturn in PLI is moderating and appears to bottoming out as the slowing of fleet cyclical factors has abated and some factors, such as industrial production, have recently moderately accelerated. Love’s Travel Stops Kicks Off its 50th Anniversary Love’s Travel Stops is celebrating its 50th anniversary in 2014. Founder and executive chairman Tom Love announced the company would undergo a record year of building. Ferro Responds to Critics of Zero Truck Fatality Goal During TRB Is the Federal Motor Carrier Safety Administration’s goal of zero truck-related fatalities an ideology or an appropriate aspiration? Independent Contractor Bill Signed into Law in New York New York Gov. Andrew Cuomo has signed into law the New York State Commercial Goods Transportation Industry Fair Play Act, drastically changing how the state classifies independent contractors Spot Market Loads Jump 74% Last Week, 2013 Rates and Activity Better Than 2012 Activity on the spot market skyrocketed the first full week of the year, according to new figures from the freight-matching service provider DAT, but rates lagged. Piracy levels at six-year low Piracy at sea has reached its lowest levels in six years, with a 40% drop since Somali piracy peaked in 2011, according to the International Chamber of Commerce (ICC). The chambers International Maritime Bureau (IMB) says.. Vard wins DSCV order Vard Holdings Limited reports that it has secured a contract with an international customer for the design and construction of a diving support and construction vessel (DSCV). The DSCV is of VARD 3 06 design, developed by Vard... Singapore yanks two bunker supplier licenses The Maritime and Port Authority of Singapore (MPA) has cancelled the bunker supplier licenses of Excel Petroleum Enterprise Pte Ltd and Lian Hoe Leong & Brothers Pte Ltd with effect from January 15, 2014. Both companies... EB gets $15 million more for sub base work General Dynamics Electric Boat Corp., Groton, Conn., is being awarded a $15,000,000 cost-plus-fixed-fee modification to previously awarded contract (N00024-13-C-4308) to provide non-nuclear submarine repair work on... NAO takes delivery of all six Blue Ship PSVs Nordic American Tankers (NAT) says that Nordic American Offshore (NAO) yesterday took delivery of the last of six recently built platform supply vessels (PSVs) from the Ulstein Group of Norway. The vessels are the six Blue... Yara acquires SCR system producer Oslo headquartered Yara International ASA (OSE: YAR) has acquired Germanys H+H Umwelt-und-Industrietechnik GmbH, a leading producer of Selective Catalytic Reduction (SCR) systems for secondary NOx reduction in marine and... TPM 2014 to Spotlight Top Container Shipping Trends Could Fresh Research Make US Driver Work Rules More Flexible? FMC Asks for More Information From G6 Alliance Seven Container Lines to Cooperate on Intra-Asia Service FMCSA Chief Warns US Shippers: Dont Delay Drivers Shippers Cite US-Flag Challenges PIL to Begin Calling at Port of Seattle Asian Airlines Benefit From Freight Boost US Omnibus Bill Could Help Shippers Move Cargo Faster NJ Legislators Vote to Repeal NY-NJ Port Fee Rapid Trade Growth Could Overwhelm Latin American Infrastructure Luxembourg Sells Cargolux Stake for $120 Million Piracy Falls to Six-Year Low on Dwindling Somali Threat K Line wins India deal Japanese shipowner builds on ties with JSW Steel with fresh CVC contract. Ktistakis escapes jail Former fugitive Greek owner will pay back more than $1.5m in US tax evasion case. North in Libya warning UK P&I Club says steer clear of Ras Lanuf, Es Sider, Zueitina and Marsa al Hariga. GasLog targets LNG trio Peter Livanos-led operator poised to splash $468m on LNG carriers tied to BG Group. Crew rescued from ice Russian cargo vessel Diomid has been trapped in Sakhalin Bay since last month. Raffles snares drillship Chinese yard inks deal with Norshore for multipurpose unit, with three options. FPSO set for scrap Future of converted panamax tanker uncertain after contract to remove it is awarded. Ezion wins $94m contract Singapore-listed offshore firm continues to build order backlog with latest charter deal. French firm upbeat on Singapore LNG bunkering prospects There will be a need for more small to medium scale LNG carriers and bunker ships to support the LNG industry. More shipowners replacing propellors for greater savings Device claims to save bunker consumption by 5%. LNG fuelled ships will need fresh bunkering strategies Shipowners will have to bunker more often when using LNG Tight avails reported on the Panama Canal However, demand was said to be very good on Wednesday. Crude rises as US inventories drop to 22-month low WTI prices rally on news that manufacturing in the New York region expanded. Firm to unveil next generation eco vessel Vessels scrubber will eliminate 97% of all SOx emissions, says firm. Bunker prices relatively steady in Fujairah and Suez Markets firming in South Africa. Bunker prices sliding in European hubs Prices soften in hub ports. Container line to establish Middle East LNG bunker station UASC has already ordered containerships designed for swift retrofitting to LNG dual-fuel engines. Spanish port promoting LNG Barcelona Port Authority signs agreement to promote LNG. Rigid sail technology attracting growing interest Japan-based firm moves one step closer to commercial production. Asian bunker prices lack direction Avails tight in Hong Kong and Tokyo Bay. US Navy to continue energy efficiency efforts Navy Secretary pushing ahead despite budget concerns. New senior staff at Trumf Bunker Madsen has been working in the bunker sector. IMO meeting to consider Annex VI fuel review ICS will once again ask MEPC to agree on getting study of low sulphur fuel availability underway. Advantages of bigger shipping line alliances seen outweighing the disadvantages Petronet to receive LNG supplies from Australia in 2015-16 Shipping, transport & trade will benefit from EU debt recovery proposal Edible oil imports likely to fall after hike in duty Growth in exports not sufficient, says Fieo President SGS International handles Ashok Leyland’s first-ever car export Transworld Terminals’ CFS facilities at Mundra awarded ISO 9001:2008 certification INR turns marginally weak against the dollar China becomes world’s largest trading nation in 2013 Germanys Hapag-Lloyd said to be nearing merger with Chiles CSAV OOCL, APL join Maersk, CMA CGM in Far East-subcontinent loops G6 Alliance to void two more Asia-Europe services over winter months MOL to sell 49pc of terminals in LA-Long Beach, Oakland, Jacksonville Evergreen to charter 10 more 14,000 TEU newbuildings through 2017 Chinas express delivery parcel volume increases 60pc in 2013 Hong Kongs Li & Fung starts factory safety compliance consultancy Guangdongs shipping industry value second largest in China Potential engine fire risk forces GM to recall 370,000 trucks Indias output shrinks 2pc as quarterly GDP grows near 5pc US bipartisan fast-track trade bill still faces opposition Dreamliner grounded after battery smokes up at Tokyo Narita airport Korean Air code-shares with Aurora Airlines on Incheon-Sakhalin route Swiss fine 11 airlines US$12 million for operating cargo cartels Synergy gains pre-delivery financing from Aviation Finance Co for 9th A330 Sentury: More than 50 sizes for Landsail LS388 Sentury Tire Americas has expanded the number of sizes of the Landsail LS388. The performance touring tire is now available in more than 50 sizes. Group seeks scholarship funds for dealer training The Center for Tire and Service Education (CTSE) is seeking corporate scholarship funding for participants in Tire Leadership 21, a new business education program for North American independent tire dealers. Michelin: Ours worn is better than theirs new Michelin North America Inc. says its new Premier A/S tire, when worn, stops shorter on wet roads than the unworn (new) Goodyear Assurance Tripletred A/S tire and the Bridgestone Turanza Serenity Plus. Love’s to expand Truck Tire centers in 50th year Love’s Travel Stops announced it is kicking off its 50th anniversary in 2014 and founder and executive chairman Tom Love announced the company would undergo a record year of building. Besancon joins Alliance Tire as Marketing VP Alliance Tire Americas Inc. (ATA) announced its recent hire of tire industry veteran Bruce Besancon to fill the role of vice president of Marketing. indonesialogisticsonline/ilo-information/8096-ilo-information--at-hours.html
Posted on: Thu, 16 Jan 2014 09:15:16 +0000
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