But discussions with investors continue as French carrier looks to cover debts
Carrier reduces costs and benefits from a 25% increase in first-half volumes
GAC makes purchase in order to strengthen presence in the Baltic region
Re-usable device creates a security perimeter around vessels that disables vessel’s propulsion
Money is expected to keep the troubled ferry operator afloat while it is in administration
Facilities at the port of Aarhus will be joined to provide one berth
Danish carrier sued for allegedly reneging on container contract
Carriers’ fear of overcapacity is being replaced by moves to order new vessels
Carriers say they are determined to push through fourth quarter rate increases
Lobby group calls for phased reduction in fees for maintenance of UK lighthouses
Container line lobby group has reached the end of its useful life, says Chairman
Troubled ocean carrier linked with Lebanese and Turkish investment groups
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Features
Rival operators are blaming each other for lost traffic and revenue on Europe's busiest ferry crossing
Simon Burnay reflects on how a comprehensive energy management strategy for shipping could lead to significantly reduced fuel consumption
Forwarders and shippers have been warned to expect further rate increases after the container shipping industry was hit by an unexpected container shortage
It is time for the industry to convene and discuss the various issues surrounding misdeclared container weights, argues David Cheslin
Interviews
US-based YRC Worldwide has completed the sale of its logistics business in a last-minute deal said to be worth US$38.7 million. YRC Logistics, bought by private equity investor Austin Ventures, has been re-branded as MIQ Logistics. Its Director of Global Services outlines plans for the future
UPS and FedEx have recently set up major air freight hubs in southern China’s Pearl River Delta, but TNT remains focused on Hong Kong as its main hub for customers in ’the world’s factory’, MD Edward Lau tells IFW
Opinion
Oliver Evans, Chief Cargo Officer at Swiss International Air Lines, in his first blog for IFWtv, explains how the spontaneity and inventiveness of master jazz musicians playing together can relate to the creativity and teamwork exchanged by logistics partners
Alan Whittaker, Director, NYK Logistics, International Network Solutions, on
how to manage a supply chain in a market blighted by equipment and capacity shortages
Cargo community
With only 10% of the Channel Tunnel’s capacity for rail freight services being used, will the tunnel ever really work for rail freight? asks Christopher Snelling
Caroline Frostick ponders the effect on the UK recruitment sector and workforce of the government’s decision to scrap compulsory retirement
People
Damco's new Global Head of Aid & Relief
CEVA appoints new Global Account Director in Brazil