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07 August 2020 The on-line newspaper devoted to the world of transports 23:10 GMT+2

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The Business Timesweb site
MAY 6, 2008
Shipping News
  • NZ govt buys Toll's rail, ferry services for NZ$665m
    New Zealand's government agreed to buy the nation's rail and ferry services from Toll Holdings Ltd for NZ$665 million (S$709.4 million), allowing upgrades to go ahead.
  • Hanjin threatens to drop US$2b Philippine yard
    Korean shipbuilder Hanjin Heavy Industries has threatened to walk away from a US$2 billion shipyard project in the Philippines.
  • HK shipping firm launches US$200m IPO
    Hong Kong bulk and tanker shipping company Wah Kwong Shipping Holdings Ltd kicked off pre-marketing for its US$200 million Hong Kong initial public offering yesterday, sources with knowledge of the deal said.
  • China's 1st locally-built LNG tanker completes maiden trip
  • Cruise liner with 984 on board runs aground in Baltic Sea
  • 12 dead after boat sinks in Amazon

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Sched Netweb site
MAY 6, 2008
  • CMA CGM's River Shuttle Containers takes delivery of three new river barges
  • American Lake Carriers warn lack of dredging menaces world trade
  • Long Beach moves ahead with green port initiatives for ships
  • HAFFA names new chairman as forwarders face fresh challenges
  • Panama Canal Authority, Virginia ports sign trade promotion deal
  • Dual leadership for Geodis Wilson's freight management
  • Lufthansa signs deal to upgrade Siberia's Krasnojarsk Airport
  • Miami International year's cargo airport, Cathay best Pacific freight carrier
  • Cyprus's air cargo delivers mixed results

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Exim Indiaweb site
MAY 6, 2008
  • JBS group takes stock of achievements, sets loftier goals for 2008-09
  • Essar Shipping earmarks $ 800 m to acquire 14 vessels
  • GE Shipping to sink Rs 2,385 cr. in tonnage addition
  • Capt. P. V. K. Mohan now FORCE to reckon with SCI sponsors 29th annual congress
  • Major maritime event scheduled to be held in Chennai from July 7 to 9
  • UASC launches new Asia-Europe service with Hanjin
  • New carrier mix forms restructured service calling South/North America
  • DP World wins Seatrade Global Performer 2008 award
  • Hapag-Lloyd names ultra-modern training ship Kuala Lumpur Express
  • AADA hikes bunker surcharge from China & HK to Australia
  • Tianjin launches port regulations, encourages investments
  • Hamburg Süd to hike capacity from Far East to WC South America
  • Japan's Top 3 lines post record profits
  • STX Shipbuilding gets major tanker order
  • Inttra appoints Jeff Pattison as CIO
  • Panamax OOCL Panama christened
  • Regulator approves Newcastle quota plan to cut vessel queues
  • Port of Lianyungang box volumes surge by 60 pc
  • Jay Buckley, Louise Yu promoted at Evergreen
  • China Shipping to call at new terminal in Seattle
  • APM Terminals signs RTGCs deal with Shanghai's ZPMC
  • KoPT to encourage cargo movement by barges
  • Ficci-E&Y study lists reasons for port congestions
  • Swiss WorldCargo soars with 'Best European Cargo Airline' award
  • India: world's second largest mobile market
  • FDI arrivals up by 57 pc
  • Value-added steel exporters may get belated duty exemption
  • PPPAC approves 13 projects worth Rs 7,946 cr.

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International Transport Journalweb site
MAY 5, 2008
  • M&M Militzer & Müwnch's German branch strengthens management
  • Buss invests in Hamburg and abroad
  • Emirates posts record result again
  • Panalpina forced to open sealed documents
  • Tiaca annual executive conference and AGM, 12-14 May

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Marine Logweb site
MAY 5, 2008
  • MMS releases latest GoM Deepwater report
  • TTS lands breakthrough anchor handling winch order
  • ONR awards T-Craft design contract
  • New ABS requirements for FPSO's
  • Aker Philly in $560 million agreement with Cat Finance
  • EC gives nod for STX acquisition of Aker Yards
  • Tidewater earnings disappoint analysts

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World Wide Shipperweb site
MAY 5, 2008
  • Longview port board Oks sale of wetland property
  • New lineup planned for Tacoma Port Commission meetings
  • Port of Portland schedules PDX noise committee meeting
  • Homeland Security Department pushes back TWIC enrollment date
  • New commander named for Coast Guard Portland sector

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Lloyd's Listweb site
MAY 5, 2008
  • Passengers rescued from grounded cruiseship
    NEARLY 1,000 people are being evacuated from the stricken cruise vessel, Mona Lisa, which grounded off the Latvian coast at the weekend.
  • US passengers sue Louis Hellenic over Sea Diamond 'negligence'
  • Brussels approves STX bid for stake in Aker Yards
    Attempts to derail acquisition brushed aside as European Commission gives green light to deal
  • HHIC's Mindanao venture takes a turn for the worse
    HHIC says local officials tried to extort $9.45m in exchange for permits for shipyard project

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Fairplayweb site
MAY 5, 2008
  • No smiles for Mona Lisa
    THE cruise ship Mona Lisa was being evacuated Monday after grounding on a sandbar off the coast of Latvia
  • Myanmar decimated by cyclone
    NUMEROUS coastal cargo ships capsized during the severe cyclone Nargis, which barreled through the Bay of Bengal Friday and Saturday
  • Court halts French port strike
    THE docker strike besetting France's major ports has been temporarily halted by a court ruling
  • Fuel surge could curtail liners
    LINER operators could be forced to cut services to North America if bunker fuel rates continue to skyrocket ' and the emission caps to come will exacerbate the issue

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The Journal of Commerceweb site
MAY 5, 2008
  • Ward to lead NY/NJ Port Authority
    Former CEO of American Stevedoring has been nominated to become the new executive director of the bi-state agency.
  • Railroads push STB on cost rules
  • Lines open Asia-Aus. loops
  • Food crisis could spur Doha trade negotiations
  • Demolition to kick off Port Canaveral operations project
  • Fuel fee hike for Cargolux
  • WSC appoints vice president for environmental affairs
  • Schenker plans largest hub for European network
  • Rickmers Maritime profit off from previous quarter
  • TWIC deadline extended
  • WSC warns increasing fuel costs threaten U.S. service

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Containerisation Internationalweb site
MAY 5, 2008
  • NZ Govt buys back rail, ferries

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TradeWindsweb site
MAY 5, 2008
  • Trailer Bridge sinks
    Puerto Rico container barge specialist sees its Nasdaq-listed shares plunge 11% in a day to reach a year low.
  • Dry-docking hurts Tidewater
    CEO Dean Taylor ties expectations miss to rise in dry-docking days, as the company warns of future costs increases.
  • Feds eying other trade lanes
    Alexander & Baldwin says US federal investigators are probing pricing on the Alaska, Hawaii and Guam lanes.
  • Ferry crash kills 17
    Dozens are still missing after an unregistered ferry capsizes in Brazil's Amazon region.
  • Tidewater cash still flowing
    Revenue climbs at US offshore player, although profits are lower than a strong first-quarter 2007.
  • Nordic American 'looking great'
    Bear Stearns analyst says US-listed tanker owner should see much higher earnings in the second quarter.
  • Odfjell sells again
    Norwegian owner offloads 1983-built chemical unit but keeps buyer and price under wraps.
  • Mavroleon steps down
    Tanker broker turns over top Charles R Weber post to a chosen successor, and thus 'the younger generation' at the brokerage.
  • EC green light for STX
    Korean builder's merger with Norway's Aker Yards given expected approval by European antitrust regulators.
  • Rickmers tops forecast
    Singapore-listed boxship owner outperforms predictions for first quarter as revenues grow.
  • PGS claims record
    Norwegian owner clinches biggest-ever 4D seismic survey contract for Brazilian producer Petrobras.
  • Nordic American up again
    US-listed suezmax player increases first quarter earnings in strong market, with second quarter already even better.
  • NCL admits Norway negligence
    Star Cruises unit facing fine in US following boiler blast on cruiseship which killed eight in 2003.
  • TKMS wins two more boxships
    German shipbuilder says it has signed contract for vessels seven and eight in its series of 3,400-teu units.
  • Profit for IHI?
    Report suggests beleaguered Japanese shipbuilder could be back on track this year.
  • Arms ship unloads
    Cosco ship offloads some cargo in Angola, but it is thought weapons bought by Zimbabwe have stayed on board.
  • New Zealand buys back ferries
    Reluctant seller Toll Holdings makes NZD 235m killing on re-privatisation of rail and shipping services.
  • Rieber signs for quartet
    Norwegian owner and mystery forestry player in joint-venture offshore newbuilding splurge in Indonesia.
  • Mona Lisa stuck off Latvia
    No passengers hurt as Bahamas-flagged cruise ship runs aground early Sunday in the Baltic Sea.
  • DP World on ports prowl
    Dubai ports giant could tie up deals with Colombia and Ivory Coast to build and develop ports.
  • ASL plans dock expansion
    Singapore shipyard group plans to expand its drydock in nearby Indonesia and add two more.
  • Middle Eastern tie-up
    Omani owner Topaz Energy & Marine beefs up fleet with acquisition of Qatar's Doha Marine Services.
  • Temas eyes tonnage
    Indonesian boxship outfit could be about to spend $42m on six or seven ships.

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American Shipperweb site
MAY 5, 2008
  • Court says tanker may not participate in Jones Act trade
  • World Shipping Council: Cleaner fuel will cost twice as much
  • LASH equipment sale boosts International Shipholding's profit
  • Teamsters finalize labor deal with DHL
  • DOT proposes increase in hazmat transporter registration fee
  • Texas man indicted on Ex-Im Bank fraud charges
  • Dole Fresh Vegetables to use iGPS pallet
  • Schenker builds new hub near Salzburg
  • Effects of West Coast ports shutdown minimal
  • DHS extends final TWIC implementation
  • Port of Tanjung Pelepas, MISC complete deal
  • COSCO Pacific lands $440 million
  • Karlsson to lead CMP Baltic expedition

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The Scandinavian Shipping Gazetteweb site
MAY 5, 2008
  • Passengers evacuated from grounded Mona Lisa
    The cruise vessel Mona Lisa grounded in Irbe Sound, some 10 nautical miles off the coast of Latvia on Sunday morning. The Bahamian-flagged vessel have 651 passengers and 320 crewmembers onboard. A diver inspection showed that there are no ...
  • Stena orders billion-dollar vessel
    Stena Drilling has ordered a fourth drillship from Samsung Heavy Industries in South Korea. According to the shipyard, the price is USD 942 million dollar, more than 50 per cent above the price for the previous ordered vessels and indicating ...
  • One oil spill villain grabbed during international coast guard operation
    Lead by Denmark, coast guard aircrafts from nine European countries have during ten days patrolled the Skagerrak sea. 17 oil slicks were detected during a total of 185 flight hours in 61 missions. On the last day, one Norwegian-flagged ...

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The Bunker Bulletinweb site
MAY 5, 2008
  • Gibraltar defends its bunkering record
    Bunker industry is 'very, very tightly regulated' says Bunkering Superintendent.
  • Rotterdam barge market tight
  • Record Russian oil export taxes confirmed
    Fuel oil export tax nearly doubled from a year ago, giving Russian bunker market competitive edge.
  • Artico team joins Cockett
    Recently established firm remains subsidiary of Cockett's holding company.
  • Hong Kong: 180 cst supply tightness expected to ease in May
    Meanwhile, traders say lack of demand for MGO has created a surplus.
  • Bunker costs threaten global box traffic
    WSC says further charges on fuel usage will not cause fewer greenhouse gas emissions, only raise costs.

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