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Freight Transport

EU authorizes Flemish Financial Support

The European Commission has decided not to raise any objections to the Flemish authorities' plan to provide financial support for the construction of loading and unloading facilities along the Flemish inland waterways in Belgium The Flemish Region in Belgium will put into effect a five year aid scheme aiming at making inland waterways more accessible and developing their use for freight transport. The scheme will provide financial support for the construction of loading and unloading facilities along Flemish inland waterways through Public-Private-Partnerships. The public authority will contribute to the costs related to the infrastructure whereas the private partner will make all other necessary investments and develop new or additional transport tonnage on inland waterways. In no case the public support will be more than 50 percent of the overall construction costs. About 25 projects should receive public grants yearly. The Commission has decided not to raise any objections to the scheme. The envisaged measures are compatible with competition rules and the smooth functioning of the internal market. Inland waterway transport terminals require considerable investments in infrastructure (quays, road connections, dredging etc.). Public co-financing will encourage investment in this segment of the transport market


Izar And Rolls-Royce Plan High Speed Cargo Vessel

Spanish shipbuilder and designer IZAR and Rolls-Royce announced plans for a new European High Speed Cargo Vessel which is intended to be a cost-effective short-sea shipping alternative to road transport in Europe. The monohull EHSCV is powered by two Rolls-Royce MT30 gas turbines and Rolls-Royce Kamewa waterjets. The baseline design enables 124 trailers to be carried at a service speed of 37 knots and is intended to be economically competitive with road transport on routes above 300 nautical


Panamax Rates Expected to Improve

Panamax freight rates are expected to improve this week, although the Baltic Panamax Index rose just one point to 1,626 on March 12. Shipbrokers said Panamax freight rate movement for voyage charters has been tentatively positive recently, and while some timecharter rates have been marginally negative compared with previously done levels, the Panamax sector seems to be stabilizing ahead of an upward move. The only cause for concern was the decline in the Capesize sector


Study Evaluates U.S. Maritime Policies

The Maritime Administration has issued a new study that evaluates the adequacy of current U.S. maritime policy to meet the commercial, economic, security and environmental needs of the nation over the next three decades. The report titled, ìAn Evaluation of Maritime Policy in Meeting the Commercial and Security Needs of the United States,î was researched and prepared by IHS Global Insight, Inc., of Lexington, Mass.


Call for Proposals: TEN-T Program

Yesterday, the European Commission launched three Calls for Proposals under the Trans-European Transport Network (TEN-T) multi-annual program, making €180 million (nearly $258 million) available to finance European transport infrastructure projects in the fields of European Rail Traffic Management Systems (ERTMS), Motorways of the Sea (MoS) and River Information Services (RIS). This will help to make travel and transport by rail and water more safe and secure as well as more attractive


Ingram Barge to Participate in EPA’s SmartWay

Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Government’s Environmental Protection Agency (EPA) and the country’s leading private industry freight carriers and freight users aimed at reducing carbon, oxides of nitrogen and particulate matter emissions. Ingram has been involved with the EPA in helping to develop


Bisso Marine Heavy Lift Crews Launch Vessel

Bisso Marine heavy lift crews have launched a 150-ft. by 36 ft. by 11 ft. Deck Cargo/RoRo vessel at Mariner Shipyard in Houma, La. The 375 ton vessel, powered by twin CAT 3412’s is can achieve up to 14 knots. The vessel was slung with lifting cables and placed afloat dockside. Entech & Associates designed the custom vessel for use in the Caribbean for inter-island transport of freight and equipment.


Canada Funds Shortsea Shipping Study

Mr. Geoff Regan, Minister of Fisheries and Oceans announced, on behalf of Transport Minister Jean-C. Lapierre, that Transport Canada will provide close to $26,000 in funding for a study on shortsea shipping on the east coast of North America to be conducted by the Faculty of Management of Dalhousie University. Shortsea shipping refers to the movement of cargo and passengers by water along coastlines, to and from nearby islands, or within lakes and river systems, but without crossing an ocean


French to get EC Funds to Upgrade Fleet

The European Commission authorized a French aid scheme to promote inland waterway transport. The Commission agreed to a French aid scheme for inland waterway transport. This scheme will be in force during the period 2004-2007 with a budget of between €14.5 and €15 million per annum. The aim of this new scheme is to encourage the development of inland waterway transport in France through fleet modernisation and by promoting the occupation of inland waterway carrier


Greencarrier Freight to Cooperate With Ekol Logistics

Greencarrier Freight Services has signed a cooperation agreement with Turkey’s leading logistics company, Ekol Logistics. The agreement covers Sweden, the Baltic states and Turkey, and will provide a range of services for Greencarrier customers having a need for transportation services between these two regions. According to Peter Nevhagen, the CEO of Greencarrier Freight Services International, Ekol Logistics will become a strong partner with potential for new transport solutions.


TT Club Signs Partnership in The Philippines

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Specialist transport insurance provider, TT Club has appointed a network partner in The Philippines.  Del Rosario Pandiphil Inc. becomes the seventh such partner that the international logistics and freight handling insurer has in the Asia-Pacific region


Latest Shipbuilding Contracts Include VLCC Order for Philippine Yard

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In the latest Clarkson Hellas S&P Weekly Bulletin newbuilding orders are reported in Far East shipyards for a range of vessels as follows: Bulk carriers Clarkson Hellas understand that Golden Union have declared options for three further 81


DHL Expects Immunity in Price Fixing Investigation

Deutsche Post expects its DHL forwarding business to be granted immunity from prosecution and fines by Singapore antitrust authorities, who are investigating 11 companies for alleged price fixing, the German logistics company said.  


Little Change in Overall Shipping Confidence

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Little change occurred in the latest monthly Stifel Logistics Confidence Index. Slipping only 0.1 points from 57 in March to 56.9 this month, the overall index did however favor improvements in the present situation increasing 1.6 points to 51.8


Baltic Freight Index Down, Capesize, Panamax Rates Fall

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for an eighth consecutive session on Thursday as rates for capesize and panamax vessels continued lower. The overall index, which factors in the average daily earnings of capesize


Baltic Sea Freight Index Down

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a ninth straight session on Friday on lower vessel activity. The overall index, which factors in the average daily earnings of capesize, panamax


Transport Engineering Course at OMAE 2014

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HMC will host ASME Courses on Transport Engineering and Front End Engineering Design from June 7-8, 2014 at The Palace Hotel in San Francisco. The OMAE is the flagship conference of the Ocean Offshore and Arctic Engineering Division of ASME


Falling Vessel Rates Pull Down Baltic Sea Freight Index

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a tenth straight session on Monday as vessel rates continued to fall. The overall index, which factors in the average daily earnings of capesize, panamax


Baltic Sea Freight Index Down, Capesize Rates Slump

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for an 11th straight session on Tuesday, mainly driven by a heavy drop in capesize vessel rates. The overall index, which factors in the average daily earnings of capesize, panamax


TT Club Pinpoints Risks for Logistics Operators

Phillip Emmanuel

The overwhelming majority of insurance claims analysed by TT Club have showed that costly damages and loss, as well as serious bodily injury can be prevented or significantly minimised by sensible and concerted risk management efforts. Speaking at this week’s TOC Container Supply Chain


Baltic Sea Freight Index Down Again

The Baltic Exchange main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday for a 12th straight session on weak rates for capesize vessels. The overall index, which factors in the average daily earnings of capesize, panamax


Box Prices Rise for the First Time in 2 Years

Photo: Drewry

Drewry’s latest Container Equipment Insight, exclusive to subscribers of Drewry’s Container Leasing and Container Census reports, saw prices for new dry freight containers increase in the opening months of 2014 for the first time in two years.


Falling Vessel Rates Keep Baltic Freight Index Down

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a 13th straight session as vessel rates continued to soften. The overall index, which factors in the average daily earnings of capesize, panamax


Baltic Sea Freight Index down on Weak Capesize Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped for a 14th straight session on Friday, driven mainly by falling capesize rates. The overall index, which factors in the average daily earnings of capesize, panamax


New Dry-Freight Box Prices on the Rise

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Prices for new dry freight containers increased in the opening months of 2014 for the first time in two years, observes Drewry's latest 'Container Leasing and Container Census'. Standard box prices declined gradually throughout 2013, falling by late in the year to their lowest point since 2009


 
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