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05 August 2020 The on-line newspaper devoted to the world of transports 06:13 GMT+2

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The Business Timesweb site
JULY 1, 2008
Shipping News
  • LCL may fill gap if container shipping market softens
    The less than container load (LCL) market is a small but important part of the freight-forwarding market.
  • Samsung Heavy gets biggest order - for 9 ships
    Samsung Heavy Industries Co, the world's second-biggest shipbuilder, said it won a 1.58 trillion won (S$2 billion) order from the Middle East to build nine large-sized container vessels, its single biggest order.
  • Largest China shipmaker to sell shipyard
    China State Shipbuilding Corp (CSSC), the country's largest ship-building group, has put its Wenchong Shipyard up for sale on the Beijing Equity Exchange for 3.04 billion yuan (S$603 million), according to the exchange's website (
  • Msia's MTD enters port biz with Indonesia terminal project
  • Kuwait gets ready in case Iran shuts Gulf oil route
  • Greece to toughen rules after ship accident

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Sched Netweb site
JULY 1, 2008
  • Moves to open up box market to derivatives trading
  • Shenzhen's YICT installs new stowaway heart beat detector
  • HK mulls taking shipping lines over terminal operator to run CT
  • Hunan, Guangdong and HK to start direct trucking service
  • TNT offers time-sensitive heavy freight service in southeast Asia
  • Morgan Stanley to handle Russia's TransContainer's IPO
  • Santos dockers and Brazilian truckers strike over wages and road tolls
  • African trade, transport seminar to be held in London
  • Siberian Leasing Company to rent railcars for US$19 million
  • Kuehne + Nagel, Airdex to implement greener airfreight solutions
  • ABX Air hopes counter proposal will break DHL's UPS deal
  • Philippines additional air capacity deal with Hong Kong takes effect

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International Transport Journalweb site
JUNE 30, 2008
  • Etihad launching Minsk service
  • Schenker becomes sole owner of Schenker Industrial Logistics

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Maritime Global Netweb site
JUNE 30, 2008
  • Chemoil expands in Gulf of Mexico
  • Credit crunch fails to dampen enthusiasm
  • Lack of dredging hits Lakes trade
  • London Club launches enhanced charterers cover

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Marine Logweb site
JUNE 30, 2008
  • Larsen orders fourth ultra deepwater semi at Jurong
  • UASC places mega order with Samsung

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World Wide Shipperweb site
JUNE 30, 2008
  • King County Ferry District taking charge of Seattle/Vashon run
  • SSA Marine joint venture receives Vietnam Investment Certificate
  • Coast Guard Barque EAGLE stopping in Seattle tomorrow
  • New Super Post-Panamax crane headed to Vancouver, BC port
  • Steel imports into US drop during month of May

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Lloyd's Listweb site
JUNE 30, 2008
  • Maersk Line cuts Asia loop as fuel costs rocket
    REMOVAL of AE5 loop is a temporary measure in response to escalating bills and the need to contain costs.
  • Maersk boxship orders defy market slump
  • First Class goes ahead with IPO
    FIRST Class Navigation appears to be proceeding with IPO, having cut offering to 12.5m units.
  • Shipbuilders' earnings set to accelerate in next two years
    BUT HSBC report says slowing order growth and dramatic rise in capacity could represent downside risks further ahead.

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Fairplayweb site
JUNE 30, 2008
  • Union anger over yard privatisation
    Unions in Gdansk have claimed Poland's restructuring plans for two Polish shipyards are invalid because they were not consulted over the plans
  • US Senate OKs Marpol Annex VI
    MARPOL Annex VI could soon be made into law in the US as the US Senate has largely adopted the convention
  • Iberdrola to supply LNG to Norway
    IBERDROLA, Spain's leading energy group has secured a $100M deal to supply LNG to Norwegian gas company Gasnor
  • Aker asks STX for cash
    AKER Yards has requested short-term funding from STX Corporation after the sale of 70% of Aker Yards' Merchant Vessels Business to Russian investment company FLC West was delayed
  • Gambia seeks Iranian maritime help
    GAMBIA and Iran have concluded an MoU on maritime matters including shipbuilding, ports and seafarers
  • Sulpicio appeals for permit to sail
    SULPICIO Lines is losing more than $2M a day while its ro-pax fleet is grounded subsequent to the Princess of the Stars sinking

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The Journal of Commerceweb site
JUNE 30, 2008
  • ILWU, employers talking ahead of West Coast waterfront contract deadline
    Bargaining continued Monday as negotiators raced against the expiration deadline of the current contract at 5 p.m. Tuesday.
  • US, allies won't allow Iran to block shipping
  • Maersk suspends busy Asia-Europe service to save fuel
  • ILA wins Evergreen appeal
  • US signs customs pacts
  • Savi wins Defense contract
  • United States could block Russia WTO move
  • Airbus picks Kuehne & Nagel as lead logistics provider
  • EU reviews shipping
  • TWIC sign-up added
  • New Panama Canal Rwy. head

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Containerisation Internationalweb site
JUNE 30, 2008
  • Waterford twists the knife
  • UASC orders nine VLCS from Samsung
  • Maersk suspends AE5 service as fuel crisis deepens
  • Freight forwarder conference cements Chinese links
  • Ghent signs up first box customer

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TradeWindsweb site
JUNE 30, 2008
  • Aries' anticlimax
    Mons Bolin-led boxship and products tanker owner says it has ended its review of strategic alternatives with the decision to stay its old course.
  • Scrambling for oil
    New York analyst hikes rate assumptions for US-listed tanker owners as OPEC output hike meets strong demand.
  • Still probing
    Carnival says Florida attorney general has dropped fuel supplement review but is still investigating potential antitrust violations.
  • And another...
    Jinhui buys its third ship of the day with newbuilding handysize deal at Naikai Zosen in Japan.
  • PMA upbeat
    Employers group points to a positive mood as a deadline looms in US West Coast dockworker labour talks.
  • Maersk cuts back
    Higher bunker costs lead to top liner operator taking 4,000-teu a week of capacity out of Asia Europe services.
  • Ferry nice
    Staten Island Ferry operations chief tells TradeWinds Web TV that the municipal service runs a lot more like a traditional maritime operation.
  • Excel pays double
    US-listed bulker owner prepares to double its payout to shareholders after Quintana merger.
  • Yard's stadium job
    Argentine shipyard is helping install the roof on the country's first covered stadium.
  • Sulpicio sues
    Owner of Princess of Stars ferry blaming the Philippines weatherman for tragedy.
  • Yard sale
    China State Shipbuilding Corporation puts Guangzhou Wenchong on auction block.
  • Aker in $89m loan
    Delay in yard sale to FLC West leads to STX financing deal.
  • Cash for Tallink
    Estonian owner gets helping hand from Europe to pay for new ferry.
  • Capsize deaths
    Chinese cargoship overturns in Yellow Sea, with up to 10 crew feared dead.
  • Samsung seals it
    Kuwait-based UASC signs huge $1.5bn deal for mega-boxships at Korean yard, its biggest ever order.
  • Volgaflot profits
    Russian river-sea cargoship owner has made it into the black for 2007 after loss-making first six months.
  • Shipping fizzle
    Dangerous cargo fears put damper on Fourth of July celebrations for Chinese firework factories.
  • Mana from Leirvik
    Norwegian yard delivers platform supply ship to expanding Indian owner Garware.
  • Toxic puzzler
    Salvors working out how to remove illegally carried pesticide from capsized Princess of the Stars.
  • Ferry grounds
    Passengers and crew safe after NEL Lines ship hits reef in Aegean.
  • Cochin waits
    Shipping ministry still considering state-owned yard's plan to raise expansion cash in IPO.
  • Jinhui inks bulkers
    Bulker owner agrees to acquire two 92,500-dwt bulkers on order in China.
  • RXT fixes
    Norwegian seismic company takes DP2 newbuilding for up to 12 years.
  • Able good to go
    UK ship recycling company gets green light from UK authorities to start work.
  • Chemoil bulks up
    Singapore listed bunker supplier adds tonnage in Gulf of Mexico and Fujairah.

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American Shipperweb site
JUNE 30, 2008
  • Carriers meet to discuss exporters concerns
  • UASC signals intent with mega-ship order
  • Maersk to cut Asia/Europe capacity as fuel costs bite
  • Survey: Shipping confidence good, higher finance costs anticipated
  • Great Wall Airlines appoints Tay as VP, sales and marketing
  • Mikuriya tapped to lead WCO
  • USTR to study Vietnam GSP eligibility
  • Vietnamese courting trouble over currency concerns
  • Chinese fireworks manufacturers facing a dud of a year
  • Target Logistics changes name
  • West Coast dockers' labor talks likely to continue into July
  • Ports America shuffles top executives
  • Forth Ports predicts positive first half result

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The Bunker Bulletinweb site
JUNE 30, 2008
  • Another tanker for Aegean
    4,600 dwt double-hull bunkering tanker newbuild to be deployed in Gibraltar.
  • Bid to cut emissions without fuel restrictions
    Research engine to take deteriorating fuel oil quality and scrubber compatibility into consideration.
  • Tanker operator introduces slower steaming
    Torm official says a two knot cut in speed can cut fuel consumption by 15 mt a day.
  • Ferry leaks fuel contaminated water
    Greek minister calls for tougher penalties after ferry is grounded on a reef.
  • Global bunker market report
  • Independent player ready to supply in Antwerp
    New Ocean Energy subsidiary to focus on supply of regular and low sulphur fuel oil.
  • Fuel oil demand 'halves' in key Asian market
    Shanghai terminal operators say shore-based fuel oil buyers are looking for alternatives.
  • US Senate passes Annex VI bill
    Enabling legislation now awaiting presidential signature to become law.
  • Singapore prices continue to firm
    Bunker prices in other major Asian ports also gained.
  • Rotterdam barges tight until July 2nd
  • East Asian fleets to suspend tuna fishing
    Fishermen suspend operations as high fuel prices bite.
  • Chemoil charters new tanker for Gulf of Mexico
    Global marine fuel supplier says new tanker will be deployed in the second half of July.
  • East Asian shippers to 'reject' new bunker surcharge
    Shipping lines plan new surcharge on East Asian routes from July 1.
  • Cosmo suspends low-sulphur offers
    Supplies expected to resume at the end of September.
  • Analyst: Bunker costs to hurt Royal Caribbean profit
    Lowers profit forecast, target price for cruise company.
  • Hambantota may lease out tank space
    Local or foreign firms could lease tank space at Sri Lanka's bunkering project, an industry source says.

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