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05 December 2008 The on-line newspaper devoted to the world of transports 01:44 GMT+1




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The Business Timesweb site
NOVEMBER 13, 2007
Shipping News
  • Maritime school launches first online courses
    The Singapore Polytechnic's Singapore Maritime Academy yesterday launched the first of its certificate of competency (CoC) online courses in partnership with Teledata Marine Solutions (TMS). This is the world's first online CoC course.
  • IJM to offer port stake for strategic tie-up
    Builder IJM Corp Bhd is willing to offer a stake in its port operating subsidiary Kuantan Port Consortium Sdn Bhd (KPC) to any strategic partner who will help turn Kuantan Port into a mega port, according to a report in Malaysia's Business Times.
  • Russian oil tanker split in two
    Massive waves split a Russian oil tanker in two during a fierce storm, spilling at least 2,000 metric tons of fuel into a strait leading to the Black Sea.

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Sched Netweb site
NOVEMBER 13, 2007
  • New World Alliance puts in eight mega ships on Asia-Europe run
  • China Shipping buys 30pc of Port of Qinhuangdao
  • Wal-Mart's north China distribution facility up and running
  • Tianjin's Dongjiang Bonded Port Area first phase opens December 8
  • SIPG plans raising mid-Yangtze Jiujiang port capacity to 3 million TEU
  • HPH to build and operate new container terminal in Karachi
  • OOCL Logistics contracted by Tennis Masters Cup Shanghai
  • Maersk says its Quest system cuts reefer costs and CO2 emissions
  • Hong Kong's Hactl achieves new cargo records in October
  • Regulatory and fuel costs prompt AirTran to dump bellyhold cargo
  • Cost cutting helps Atlas Air quadruple Q3 profits to US$32 million

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Exim Indiaweb site
NOVEMBER 13, 2007
  • APL's SRX begins calling Pipavav
  • Dredging lures big cos finally
  • Hamburg Süd buys Costa Container Lines' liner business
  • DP World buys Egyptian port operator for $ 670 m
  • BAX Global and Schenker merge in Thailand
  • Evergreen Line quarterly earnings jump 12,800 pc!
  • Hanjin quarterly profit up on rising Asia-Europe trade
  • DGFT allows export of rice brought into Kakinada till Oct. 10
  • FTA with GCC could push exports to $ 40 bn by 2010, predicts Assocham
  • PSUs instructed to stop edible oil imports
  • Pak emergency halts ex-im bookings
  • CoPT plans to introduce ERP system by mid-2008
  • ABGHIL's coal terminal at Paradip Port to become operational in December
  • CCEA clears Mumbai Port's offshore container terminal project
  • Handles 1 million TEUs in calendar 2007
  • Box throughput at Chinese ports to hit 100 million TEUs this year
  • Forex reserves up by $ 1.3 billion to $ 262.5 billion
  • CLE seeks PM's help to face Re crisis
  • Import slowdown a bad sign for manufacturers-Fieo chief
  • FM to meet exporters on Nov. 15

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International Transport Journalweb site
NOVEMBER 12, 2007
  • Hutchison increases Shenzhen terminal stake
  • Emirates places massive Airbus order
  • New IRU model CMR note
  • K&N takes over Kayser and Cordes & Simon
  • DPWN on track
  • End to EU internal border checks

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Maritime Global Netweb site
NOVEMBER 12, 2007
  • UK's new Sosrep
  • NWA boosts Asia-Europe service
  • Knightsbridge's steady Q3
  • Presidential veto overridden on water projects
  • Frontline sells Imarex stake
  • Kerch Strait storm kills crews
  • San Francisco spill update

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Marine Logweb site
NOVEMBER 12, 2007
  • Feds start criminal probe of Cosco Busan spill
  • Keppel AmFELS delivers second Scorpion jackup
  • Tokyo Gas orders 177,000 cu.m LNG carrier

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World Wide Shipperweb site
NOVEMBER 12, 2007
  • Boeing Portland facility earns ISO 14001 certification
  • Grain association predicts rise in feed grain exports to Australia
  • Bellingham Cruise Terminal set for Holiday Port Festival
  • Oakland port workers begin TWIC enrollment
  • Diana Shipping agrees to time charter deal for vessel

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Lloyd's Listweb site
NOVEMBER 12, 2007
  • Three dead after storms batter Kerch Strait
    AUTHORITIES search for seafarers after storms sink vessels, killing at least three and and leaving eight missing.
  • Kerch Strait storms 'claim 10 ships'
  • US officials quiz Cosco Busan crew
    FEDERAL officials launch probe into whether there was criminal conduct in boxship's collision with the Bay Bridge.
  • NYK vessel loses containers in storm
    NYK Antares gets into difficulty during storm, causing around 50 boxes to be damaged or lost.
  • Locked out or locked up: a different sort of justice
    The International Ship and Port Facility Security Code has made the lives of those aboard ship worse.
  • Define us a dredger
    IT TAKES a curious type of logic to suggest that a dredger is not employed in marine transport.

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Fairplayweb site
NOVEMBER 12, 2007
  • VLCC sale: Megawati exonerated
    FORMER Indonesian president Megawati Soekarnoputri has been cleared of corruption in the tainted sale of two VLCCs to Frontline
  • Nymex deal sends Imarex to new high
    NEWS that the New York Mercantile Exchange has acquired Frontline's stake in Imarex sent shares in the Oslo-based shipping freight derivatives market soaring
  • Tanker owner Finaval lists in Milan
    ITALIAN tanker owner Finaval has obtained approval to floating up 30% of its capital
  • Yachtsmen had good survival chance
    THE three yachtsmen drowned as a result of the P&O ferry pride of Bilbao colliding with or swamping their yacht could have been saved if an alert had been issued
  • Syria agrees to act on Cyprus ferry
  • Sinotrans raises newbuilding funds
  • UK appoints new Sosrep
  • Gdansk takeover wins approval
  • HCI ready for boxship IPO
  • OSG America debuts on NYSE
  • Russia assesses Kerch catastrophe
  • Ghosts in limbo as recyclers vanish
  • 23 saved as log carrier sinks
  • UK-Saudi tax treaty helps maritime

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The Journal of Commerceweb site
NOVEMBER 12, 2007
  • New report pushes 10 steps to developing national transportation policy
    New report by intermodal transportation specialists calls for blue-ribbon panel to break political logjam on national transportation policy.
  • APL deploys new 53-foot ocean containers
  • UPS backs user fees
  • APL volume up 12%
  • TACA hikes fuel fees
  • Ga., S. Carolina agree on joint port development
  • Ports brace for rail strikes
  • Cosco Busan crew questioned
  • Matson parent to acquire Savannah logistics center
  • Lowe's to build flatbed distribution center
  • Pilot Freight launches automotive logistics division

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Containerisation Internationalweb site
NOVEMBER 12, 2007
  • GPM to pump EUR5 million into Gabon's ports
  • Brazilian port investment proposal by impresario
  • EC clears Deutsche Bahn acquisition of EWS
  • Concern over impact of overloaded containers
  • Maersk's green initiatives

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TradeWindsweb site
NOVEMBER 12, 2007
  • New CFO at BW
    Norwegian FPSO player picks up new finance chief after current CFO steps down.
  • Capesize celebration
    Dramatic rate recovery put a new band of competitors in the lead in TradeWinds' freight forecasting contest.
  • 17 mariners convicted
    A judge in Brunei jails offshore vessel seafarers after they pleaded guilty to stealing 160 tonnes of diesel.
  • Economou readies stock split
    DryShips lining up a three-for-one stock split to increase liquidity and target new investors.
  • L&T tied up in red tape
    Indian shipbuilder in talks over $1bn orders, but still hasn't received clearance to build new yard.
  • Feds probe Busan crew
    US federal investigators have opened a criminal investigation into the California spill that followed the Cosco Busan's bashing the San Francisco Bay Bridge.
  • FFAs no crystal ball
    Dry freight index plunge a correction rather than a trend according to Vassilis Karakoulakis.
  • Japan holds 19
    October detention list features 1967-built Russian cargoship with hatch cover problems.
  • YSH shifts up a gear
    Singapore-listed shipbuilder sees nine month returns buoyed by boxship sales.
  • Allianz quits P&I
    German insurance giant sells management of Britannia Club to MBO team.
  • Crews in dollar dilemma
    Philippines asks shipowners to help its seafarers hit by 20% surge in peso against the US currency.
  • USC gets $5bn green light
    Russia gives backing to centralisation of state-owned shipbuilding assets.
  • Xiamen Ocean at the double
    Cosco unit places two multipurposes on order with CSSC in China for delivery in 2009.
  • Sinotrans to treble in size
    Chinese owner outlines big fleet growth plans as it confirms Hong Kong IPO details
  • Korean bank bites dollar
    Nation's shipbuilders urged to settle contracts in won to fight currency gains against the dollar.
  • Sales lift Noble
    Hong Kong commodities trader and shipowner sees third quarter profits more than double.
  • New Chinese link for Korea
    Lianyungang Ferry launches passenger and cargo route to Pyongtaek.
  • Fredriksen sells IMAREX
    Frontline banks $52m from sale of its holding in Norwegian financial derivatives exchange.
  • Cruiseship under repair
    Grounded Spirit of Nantucket refloated and sent to Norfolk shipyard to fix hull gash.
  • Opaque transparency?
    IACS chairman Tor Svensen sees a downside to classification candor.
  • Shipping not a casino
    Blood on the floor as delegates at TradeWinds Greek summit hold closing debate.
  • Dockwise on the up
    Oslo-listed heavy-lift specialist banks steady nine month returns.
  • PGS fires Arrow offer
    Norwegian seismic survey vessel player buys domestic rival from Rieber, and will seek full control.
  • Hellenic AIMs for listing
    Greek bulker player eyes up London's Alternative Investment Market to build fleet.
  • Japan gorges on bulkers
    Nearly 90% of the newbuilding export orders secured in September were for dry cargo tonnage.
  • Bulkers deliver at Inui
    Japanese handysize specialist sees profits increase more than four-fold on the back of rate boom.
  • Profits up at Taiheiyo
    Japanese owner sees better interim results, but the second half of the year is likely to see a decline.

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American Shipperweb site
NOVEMBER 12, 2007
  • OSG America stock priced
  • Shaw promoted to SOSREP in U.K.
  • INTTRA makes Southeast Asia sales appointments
  • Contract dispute engulfs DHL, ABX Air
  • UPS plans rate hikes for 2008
  • Air Charter Service AIMs to float
  • Emirates SkyCargo raising fuel surcharge
  • CSX coal train falls in river
  • ContainerPort buys Norfolk Warehouse, Taylor Logistics
  • Daniels named VP at USF Glen Moore
  • Con-way executive joins Chamber board
  • Poultry frozen out of successful U.S.-EU trade talks
  • More recalls of Chinese-made toys announced
  • Salvesen shareholders say "oui" to Norbert Dentressangle
  • DP World, Maersk bosses meet
  • South Carolina, Georgia move forward with new port
  • Bay Area bridge accident: Pilot has record of investigations
  • Puget Sound ports gear up to tackle diesel pollution
  • Temporary buoy at New York harbor entrance

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 12, 2007
  • Storm caused vessels catastrophe
    The heavy weather that plagued the Black Sea and Strait of Kerch on Saturday and Sunday caused up to ten shipwrecks in the area. Off Sevastopol sank two vessels, one Russian and one Georgian, both loaded with metal. Fifteen crewmembers ...
  • Stena names drillship and consider fourth unit
    Stena Drilling's USD 600 million project Stena Drillmax was named last week at the Samsung Shipyard on the island Geoje southwest of Busan in South Korea. The naming ceremony was the largest ever on the shipyard with some 250 guests ...
  • Eva Danielsen under towage in The North Sea
    General cargo vessel Eva Danielsen was forced to seek assistance from tugs during the storm this weekend. The Eva Danielsen suffered a black out which the crew could not manage to solve in the hard weather with seven metre waves ...

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The Bunker Bulletinweb site
NOVEMBER 12, 2007
  • Environmental group seeks to 'ban' residual bunkers
    Industry player says pressure group is using 'emotive language' and 'questionable statistics'.
  • NYMEX buys into IMAREX
    Founding member Frontline selling its entire stake in Norway-based maritime derivatives exchange.
  • Egypt sells fuel oil parcel to UAE firm
    Fujairah product shortages easing as market finds alternative sources.
  • SMP expands Las Palmas product range
    Oil major adding more fuel oil grades.
  • Criminal probe opens into US bunker spill
    Entire crew of the container ship held for questioning.
  • Rotterdam barge bids/offer almost $10 apart this morning
  • Storm halts bunkering in Istanbul
    Port operations disrupted, barges and ships cannot move.
  • 'Half' marine oil pollution comes from land-based sources
    Shipping contributes only 25% of oil pollution, says advisor.
  • Fierce storm causes Kerch Strait 'catastrophe'
    Fuel oil leaking from tanker as ships get caught out by Black Sea storm.




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