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24 June 2018 The on-line newspaper devoted to the world of transports 14:49 GMT+2

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The Business Timesweb site
DECEMBER 3, 2008
Shipping News
  • Boom time for project logistics
    COMPARED with the more high-profile and consumer-driven express freight business, the project logistics segment is a part of the logistics industry that is not often seen or understood.
  • PSA seeking US$1b refinancing for stake in Hutchison
    PSA International Pte Ltd, the second-largest container port operator, plans to borrow US$1 billion to help refinance debt it raised for a stake in Hutchison Port Holdings, said three people involved in lender negotiations.
  • Will the cost of hull insurance increase as freight rates fall?
    FOR some time, the marine hull market has been displaying mixed signals. Overall, underwriters claim that the class is losing money, but this average hides a significant variation between the best and the worst performers.
  • Golden Ocean says 20% of world capesize fleet idle
  • Baltic Dry Index sees ninth straight retreat
Strait Talk
  • Carry rubbish at your own peril
    A COUPLE of publications coming to my attention this week have underlined how different a business liner shipping has become. The first was the British seafarers' union Nautilus UK's journal. Towards the back, there was a picture of a model of the Clan Line general cargo ship Clan Shaw and a write-up of its rather short service life, ending up under a different name on the rocks off Cape Town 16 years after being built.

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Sched Netweb site
DECEMBER 3, 2008
  • Cosco drops PIL-Wan-Hai joint service, sells slots to old partners
  • Evergreen restructures transpacific to meet changing market
  • Biggest boxship to call - 11,300-TEU MSC Sola - docks at CCT
  • China experts suggest mega logistics park near Three Gorges
  • DeTrenck sees a darkening 2009 for boxes - worse than 2008's H2
  • Building of Ngwa inland container depot in Nigeria to begin
  • CN: Federal rail rate cap cuts US$18.6 million in revenue
  • UK shipping minister praises One Voice, but problems remain
  • Jotun unveils cheaper antifouling product SeaMate
  • Marshall Islands' IRI opens in Baltimore and Geneva
  • Seattle declines 14pc while Tacoma volume off 3.6pc in October
  • Bangkok Suvarnabhumi chief okays cargo flights for take off
  • Aloha unit to provide ground handling services for go!
  • Singapore opens skies to Romania and Zambia
  • UPS to close air cargo operations at Decatur Airport
  • Emirates SkyCargo chooses Globe Air Cargo as GSA in Hungary

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Exim Indiaweb site
DECEMBER 3, 2008
  • Industry-specific web portal, shippingworkz, proves its worth during tough economic times
  • Shipping Ministry tightens security at Major Ports
  • Meltdown skids bicycle exports
  • Unregistered fishing vessels may pose threat to Western Coast
  • $ 500-m multi-cargo terminal to come up at Hazira port
  • US to screen 50 pc of cargo carried in passenger aircraft from February 2009
  • AI cuts fuel surcharge by Rs 400
  • Bankers hint at cutting lending rates by up to 50 basis points
  • Terror strike was aimed at destabilising economy-Experts
  • RBI ensures easier credit flow to exporters
  • Exports rise by 32 pc in Re. terms during April-Oct.
  • US has been in recession since December '07-NBER

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International Transport Journalweb site
DECEMBER 3, 2008
  • HHLA: new member of supervisory board
  • Hamburg's freeport zone will shrink to 60 ha
  • Lufthansa launches Lufthansa Italia
  • Ruch Transport sold to Remondis Schweiz
  • Carrefour selects Ceva Logistics in Thailand

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Maritime Global Netweb site
DECEMBER 2, 2008
  • IBF extends "high risk area"
  • W African pirate attack thwarted
  • EU to expand maritime research role
  • Get ready for Rotterdam Rules says TT

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Marine Logweb site
DECEMBER 2, 2008
  • Security Council passes new piracy resolution
  • U.S. Shipping Partners takes delivery of ATB
  • IMO honors Brazilian seafarer's bravery
  • Piracy danger pay area extended
  • Cummins introduces Tier 2 compliant QSK60
  • Dunlop cops plea in hose price fixing case

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Lloyd's Listweb site
DECEMBER 2, 2008
  • Baltic capesize and panamax indices hit rock bottom
    CAPESIZE and panamax indices are at the lowest-ever levels recorded in the Exchange's history.
  • Yes, it has got that bad: $1,000 a day for a capesize
  • Blackwater sales pitch targets owners and insurers
    PRIVATE military contractor holds series of meetings in London with potential customers.
  • Double-pay zone extended
    MOVE to broaden high risk area comes in the wake of Sirius Star hijack.

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Fairplayweb site
DECEMBER 2, 2008
  • Arming crews 'not the answer'
    HANS TINO Hansen, the Risk Intelligence agency's chief, has told Fairplay that he believes arming crews to fend off pirate attacks is not the answer to bolstering security
  • China aids ailing metals industry
    China is to buy 1M tonnes of base metals in a bid to stem plummeting demand and prices in its mining and smelting industry
  • Serbia warns Russia on pipeline
    SERBIA has warned Moscow that it will refuse to sell its oil monopoly to Russia without its firm commitment to building a gas pipeline through the country
  • Croatian crowd greets freed captain
    CAPTAIN Kristo Laptalo is today relaxing in his hometown in Croatia after 14 months of captivity in Greece
  • Sovcomflot hails timecharters
    IN ISSUING strong nine-month results today, Sovcomflot pointed to its growing reliance on timecharters
  • Violence mars port performance
    THE FOUR days of violence that erupted in Karachi has led to more than a dozen deaths and slowed cargo clearance at Karachi and Qasim ports

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The Journal of Commerceweb site
DECEMBER 2, 2008
  • Maersk shifts PNW from Port of Tacoma
    Maersk Line next year will move one of its Pacific Northwest container services from Port of Tacoma to nearby rival Seattle
  • LA-LB terminal operators file clean-trucks petition
  • Maersk Line plans to lower Taiwan-Australia surcharges
  • China ups export rebates
  • Tacoma tests rail GPS
  • New rules could increase terminals' liability: Insurer
  • Tampa deploys new crane
  • New Crowley logistics chief
  • Cathay Pacific Airways shrinks cargo operations
  • Crewman injured at Tampa
  • Canada files WTO complaint over US beef labeling rules

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Containerisation Internationalweb site
DECEMBER 2, 2008
  • ELAA urges 'fit for purpose' rules on consortia
  • Asian stocks follow Dow down
  • Ellesmere Port secures request stop for 'green' barge
  • New 'cost effective safe' open top container launched
  • Ports of Auckland hit by 24-hour strike

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TradeWindsweb site
DECEMBER 2, 2008
  • Regaining ground
    US shipping stocks posts gains Tuesday, swimming with the current on Wall Street, after falling back the day before.
  • Opec rate weight
    Analyst says possibility of production cuts could hurt tanker rates, but there's a light at the end of the tunnel.
  • Prices fall again
    Second hand bulkers and tankers shed more value over the past week despite an increase in the number of deals struck.
  • Crunch time
    VLCC delivery surge is already hurting the market with 2009 cancellations offering no silver lining, top analyst warns.
  • Disney nixes fee
    Disney Cruise Lines eliminates controversial fuel surcharges and may issue refunds.
  • Pittas builds stake
    The Pittas family's investment vehicle has been buying up shares in Euroseas.
  • Sea Witch tackled
    Coast Guard removes oil from an abandoned containership section five years after it sank off Baltimore.
  • Cruise halted
    Mitsubishi Heavy reportedly scraps plans to re-enter cruiseship market after deal with Carnival falls through.
  • Cruise rescue
    US Coast Guard medevacs passenger from Royal Caribbean's Explorer of the Seas.
  • Crewman injured
    Thai seafarer lifted from hold of Thoresen vessel after fall at dry-dock facility in US.
  • Turned away
    Libyan cargoship prevented from docking at Gaza by Israeli naval blockade.
  • Dof takes it all
    Norwegian shipowner demands all remaining shares in Dof Subsea as its re-jig nears completion.
  • Buy-back doubled
    Michael Hudner's B+H Ocean Carriers to repurchase an extra 550,000 of its own shares under a new plan approved today.
  • No thanks
    Hanjin's Philippines shipyard rejects safety training despite mounting death toll of workers.
  • Blaze in Baltic
    Eleven passengers evacuated from Tallink vessel as blaze rips through main engine room.
  • Titan two walk
    Philp Chu quits as CFO of Hong Kong-based shipowner with fellow director Ib Fruergaard
  • Big boob
    More than 130,000 inflatable breasts feared lost at sea after container turns up empty in Sydney.
  • Arpeni digs deep
    Indonesian bulker owner ready to use cash reserves towards $68m outlay on new ships in 2009.
  • Gabion gamble
    Islamic Development Bank ready to plough $2.04bn into new box terminal at Belawan, Indonesia.
  • Back in the game
    Deep Sea Supply is a "buy" says Nordea as it resumes coverage of offshore shipowner.
  • SCI in the clear
    Indian owner's boss Sabyasachi Hajara says bulker crash will not have significant impact on its margins.
  • Todd wins work
    Washington State Ferries accepts shipyard's lone bid of $65.5m to build new US car ferry.
  • Man overboard
    UK coastguard calls off search for missing crewman from P&O ferry off Norfolk coast.
  • Seismic Swire
    Hong Kong shipowner inks newbuilding survey vessel at Singapore shipbuilder ST Marine.

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American Shipperweb site
DECEMBER 2, 2008
  • New ships roll out as operators trim east-west capacity
  • Security firm Blackwater reportedly meeting with ship owners
  • Zim increases size of ships in Asia-Gulf Express
  • British Airways, Qantas in merger talks, Delta trims capacity
  • IATA: Air traffic decline continues
  • Economic numbers paint bleak picture
  • Napolitano picked to head DHS
  • UPS: Companies unprepared for supply chain disruptions
  • Noted analyst Fontanella dies
  • Hose manufacturer pleads guilty in bid-rigging
  • FMC reviews 30 OTI license applications
  • Long Beach port delays infrastructure container tax
  • SoCal ports say FMC suit on truck plan "without merit"
  • SoCal ports file response on truck program injunction

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The Scandinavian Shipping Gazetteweb site
DECEMBER 2, 2008
  • Unconfirmed information on vessel releases
    There are a lot of rumours and unconfirmed information circulating on the imminent release of hijacked vessels. According to some sources, owners and pirates have agreed on a ransom for the arms-laden ro-ro vessel Faina, and that the ...
  • Golden Ocean skips dividend and orders
    John Fredriksen-controlled Golden Ocean reports a healthy operating profit of USD 122 million for Q3, up from USD 69 million for Q3, 2007. Despite this, the company has announced that it will not pay any dividend in the light ...
  • Fewer ship collisions in the Baltic
    According to Helcom, the number of collisions between vessels have decreased significantly in the Baltic Sea. In 2007, 15 collisions were reported, which is 50 per cent less than in 2006 and 2005. A total of 120 accidents were reported ...

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The Bunker Bulletinweb site
DECEMBER 2, 2008
  • Members back restructuring
    IBIA votes to replace 'cumbersome' 25-member Council.
  • Towing-kite manufacturer in marketing drive
    SkySails signs 'strategic partnership' with marine engine sales and service provider.
  • Fuel oil spill closes New Zealand beach
    Heavy black oil said to have come from a ship bunkering in Auckland.
  • Lower bunker prices trigger demand
    Reefer operators see business pick up.
  • O.W. Bunker creates 'Purchasing Centre'
    Spanish office appoints new purchasing manager to streamline regional trading activities.
  • Asia bunkers retreat
    Hong Kong sees above average demand as shipowners stock up before the holidays.
  • Refiner to slash December bunker supply
    Reports say Japanese refiner to cut volumes in December and January.
  • ASEAN shipowners want military action against pirates
    Association calls for more naval vessels and military aircraft.
  • Aegean takes new double-hull to Singapore
    New bunker tanker is the company's sixth in Singapore waters.
  • Allegro enhances software solutions
    Enhancement offers two-way exchange connectivity to 22 liquid derivatives exchanges.
  • Directors leave Titan
    Company announces resignation of directors and change of chief financial officer.

Est Europea Servizi Terminalistici Evergreen Line Vincenzo Miele

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