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06 April 2020 The on-line newspaper devoted to the world of transports 19:19 GMT+2




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The Business Timesweb site
SEPTEMBER 2, 2008
Shipping News
  • Indian shipbuilders gaining from spillover global orders
    THE Indian shipbuilding industry is upbeat due to the flow of new orders, with observers estimating a three- fold rise in orders in the past year-and-a-half.
  • Daewoo shares hit hardest as Korean yards skid
    Daewoo Shipbuilding & Marine Engineering, the world's third-largest shipyard, slipped the most in more than a year in Seoul trading yesterday on concern a weaker won would increase hedging losses.
  • Billionaires' yacht rivalry spills into court
    Poised to skate across the waves off Anacortes, Washington, is a 90-foot, three-hulled wonder-yacht designed to crush its competitors in the next America's Cup. With a price tag of more than US$10 million, it was built for the racing team of Lawrence J Ellison, the billionaire who runs the Oracle Corp.
  • KL working to secure release of crews of hijacked tankers
  • Somali pirates a growing threat to shipping
  • China plans to beat own fastest train service record

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Sched Netweb site
SEPTEMBER 2, 2008
  • Evergreen Marine sees profits take a 35pc dive in Q2
  • Asian shipping giants take a slice of Euromax terminal
  • Da Chan Bay Terminal One holds business seminar
  • DP World doubles profits despite downturn, sees growth ahead
  • Grand Alliance adds Valencia call to EUM service
  • ICTSI's Argentine Tecplata CT to rival Uruguayan terminal
  • Record container handling productivity in Australia
  • DB Schenker Dubai joins with BAX Global
  • Oxygen system cylinder failure forced impromptu landing of Qantas jet
  • Air traffic in 'crisis', AAPA traffic falls in July
  • Hong Kong Airlines launches scheduled service to Harbin
  • China Express Airlines launches Chongqing-Xichang service

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Exim Indiaweb site
SEPTEMBER 2, 2008
  • Grand Alliance upgrades Med service (EUM) to add Valencia port
  • MSC to launch revamped North & Central Asia-Australia service
  • "K" Line to launch new feeder service between USEC & Amazon region in Brazil
  • CSCL launches service to Thailand & Vietnam
  • Zim's ZCS service adding Genoa call
  • Yang Ming Line launches new DUX2 service
  • Evergreen's NUE pendulum to drop Thamesport & LA on eastbound calls
  • Maersk Group's H1 profit swells by 40 pc to $ 2.4 billion
  • ..reduces calls at NZ's Port Chalmers
  • Maersk Group to buy Brostrom to augment tanker fleet by 100
  • New York's APM Terminals receives 4 ZPMC cranes
  • DP World forms JV to build box terminal in Vietnam
  • TSA's bunker surcharge to scale new peak this month
  • Fierce competition for shipping insurance pulls down premia rates
  • Tuscan Ventures takes strategic stake in Singapore-based RSI
  • Trans Asian Shipping deploys own vessel in IGX service
  • DP World more than doubles net in H1
  • Ennore Port plans dedicated car terminal
  • Railways bans loading of billets in containers
  • A record 9.22 million cellphone users added during July 2018
  • Software giants hope for continued US outsourcing support
  • Nath dubs Asean FTA cynics as 'ignorant'
  • Robust economic revival seen in 2009-10
  • Move to impose 51 pc EO on SEZ units dropped
  • Sugar exporters decry move to scrap interest rate subvention

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International Transport Journalweb site
SEPTEMBER 2, 2008
  • Reinecke & Associates augments team of logistics consultants
  • Azerbaijan to develop port facilities
  • Great Wall doubling US frequencies
  • USA: CN to purchase EJ&E railway
  • Wärtsilä chooses Ceva Logistics
  • 2008 Fiata World Congress, Vancouver (Canada), 23-26 September

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Maritime Global Netweb site
SEPTEMBER 1, 2008
  • Another MISC ship hijacked
  • Exmar "cautious"
  • AET orders in Russia
  • Lindø to sell Loksa Shipyard

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Marine Logweb site
SEPTEMBER 1, 2008
  • Brian Chang's take from YSRL share sale slashed
  • Lindø to sell Estonian yard
  • Gulf Shipyards suspend operations

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Lloyd's Listweb site
SEPTEMBER 1, 2008
  • Guangzhou sets out three-way expansion plans
    GUANGZHOU Shipyard to expand in the markets of ro-ro, passenger and semi-submersible vessels.
  • Guanzhou Shipyard profit up 15%
  • Brokers reject newbuilding gloom report
    REPORT warning that $20bn worth of newbuilding contracts face cancellation seen as overly-bleak and ill-informed.

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Fairplayweb site
SEPTEMBER 1, 2008
  • Markets react to Gustav threat
    ENERGY companies are surveying damage as the remnants of Hurricane Gustav move from Louisiana into Texas
  • Arab overseas farm investment urged
    ARID ARAB countries ought to transport food from African nations, reckons the GRC, a Dubai think tank
  • Iran to privatise ship register
    REGISTRATION of ships within Iran is to be privatised, the government's maritime agency has revealed
  • China to invest $3Bn in Iraq oil deal
    CNPC OF China has agreed to invest $3Bn in Iraqi oilfield production
  • Orders are on despite bankruptcy
    BANKRUPT Flekkefjord Slipp & Maskinfabrikk still intends to deliver two ordered newbuildings, clients Solstad Offshore and Simon M'kster have confirmed
  • Urgency rises in Mexico energy talks
    STEADILY dropping output from Mexico's largest oilfield has pushed its Congress to step up talks to repair an ailing Pemex ' but most still want to avoid any outside investment to spur exploration and production

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Containerisation Internationalweb site
SEPTEMBER 1, 2008
  • New Orleans braced for Gustav
  • APM T adds cranes at New Jersey
  • Zumax to develop Albania box terminal
  • Forth ports H1: ports up 38% but land value slump hits profits
  • US-ANZ trade under FMC scrutiny

news on subscription
TradeWindsweb site
SEPTEMBER 1, 2008
  • Greek bulker safe
    Tugs soon to reach handymax Nena J which was reportedly in danger of grounding in storm off South Africa.
  • Chang's prize cut
    Yantai Raffles' founder loses out on $184m after terms of CIMC deal are redrawn.
  • Ferry crash
    P&O's European Endeavour has been taken out of Dover-Calais service after berth-bashing incident.
  • Solo Schiffahrt
    German shipowner ends OSM joint venture to go it alone in the offshore business with Willem Dekker at the helm.
  • UK death probe
    Inquiry into fatal accident on tanker at Exxon's Fawley refinery after hose-lifting beam collapses.
  • Yard on block
    AP Moller will sell its Loksa Shipyard in Estonia in a bid to cut costs.
  • 'More to fail'
    Flekkefjord Slip will not be the only shipyard casualty as costs and delays stack up.
  • Orders safe
    Bankruptcy of Flekkefjord Slip will not hurt two remaining newbuildings, owners say.
  • Triple jump
    Better day rates and larger fleet lead to three-fold profit increase for Hellenic Carriers in first half.
  • Yards tumble
    DSME heads the slide as falling won hits market value of South Korean shipbuilders.
  • Boxship re-floated
    Seaspan Container Lines vessel New Delhi Express freed shortly after grounding outside Karachi port.
  • MISC hit again
    Second tanker belonging to Malaysian owner hijacked as 'security corridor' appears less that secure.
  • KLC joins race
    Shipowner throws its hat into the ring as battle for control of DSME heats up.

news on subscription
The Scandinavian Shipping Gazetteweb site
SEPTEMBER 1, 2008
  • Seafarer killed in pirate attack
    A Filipino seafarer was killed when the chemical tanker Bunga Melati Dua was hijacked by armed pirates off the coast of Somalia recently. The vessel was carrying 32.000 tonnes of palm oil when it was attacked in the Gulf ...
  • Nordic Tankers reports loss and new strategy
    Nordic Tankers A/S reported a loss of USD 0.2 million for the first half of 2008 after a decline in the market for product tankers. However the all years result is expected to be of USD 22.4 ...
  • Maersk signs up for four VLCC's in Korea
    Maersk Tankers took a quick decision when the Korean shipyard STX shipyard offered a slot with six Very Large Crude Carriers (VLCC) for delivery in 2011 and 2012. The Danish giant signed up for four ships with option for another ...

news on subscription
The Bunker Bulletinweb site
SEPTEMBER 1, 2008
  • European fuel oil values slipping with crude
    Rotterdam market falls fast after steady to firm opening.
  • Marine transport 'set to grow'
    Report says technical innovations will boost the maritime sector.
  • Global bunker market report
  • Minoan blames bunker costs for H1 loss
    Company highlights 'enormous and continuous increase' in its fuel costs.
  • ARA - barges tight with some suppliers
  • Singapore prices holding above Hong Kong
    Regional rivals continue to undercut Singapore bunker market for 380 cst material.
  • New trader at O.W. Bunker South Africa
  • New employees at USTC companies
    Controller appointment for Bunker Holding in Denmark.
  • Titan ratings downgraded
    Weak performance in the first half leads to lower corporate and bond ratings by Moody's.
  • Indian refiner offers early-October cargo
    Saudi Aramco, meanwhile, offers a feedstock cargo for mid-September loading.
  • Ferry operator reports 'challenging' H1
    High fuel costs and restructuring programme see operational expenses rise in the first half.
  • Allegro wins recognition for software solutions
    Bunker management software among its range of software solutions.
  • Small profit rise for Sri Lanka's John Keells
    Earnings this year could be affected by a court ruling to reverse its purchase of a bunkering facility.




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