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29 September 2020 The on-line newspaper devoted to the world of transports 06:33 GMT+2

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The Business Timesweb site
MAY 9, 2008
Shipping News
  • 2nd TradeWinds Marine Risk Forum held here
    Asia's prominence is rising in the shipping world and Singapore's role as a hub within it is underlined by the decision to hold the 2nd TradeWinds Marine Risk Forum in the republic.
  • YCH first SCM firm to be certified ISO 28000:2007
    YCH Group announced yesterday it is the first end-to-end supply chain management (SCM) provider in the world to receive the international supply chain security management system standards certification, the ISO 28000:2007.
  • Strong yen, steel prices to depress Mitsui profit
    Mitsui Engineering & Shipbuilding Co, Japan's second-largest shipbuilder, forecast profit to fall 3.4 per cent this fiscal year on a stronger yen against the US dollar and rising steel costs.
  • Daewoo Shipbldg Q1 profit rises 51%

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Sched Netweb site
MAY 9, 2008
  • US box traffic expected to be below 2007 levels: Port Tracker
  • Hapag-Lloyd ends losing streak with Q1 profits
  • IRIS Lines stops pendulum, joins CSCL's AMX1 service
  • Evergreen named best intra-Asia shipping line
  • June 3PL Shanghai conference delayed a week
  • Ship and Port Europort Maritime exhibition held in Qatar
  • Tianjin port first quarter box volume approaches 1.9 million TEU
  • Fujian seaports handle 11.6 per cent more boxes in Q1
  • DP World starts building a new box terminal in Peru
  • General Finance Corporation buys NZ storage container firm
  • Sierra Leone importers cry foul, alleging customs bribery
  • TNT Airways to launch freighter service from Liege to Shanghai via Singapore
  • China Eastern Airlines resumes Shijiazhuang-Hong Kong line
  • China Minmetals sets up air sea land logistics company in Beijing

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Exim Indiaweb site
MAY 9, 2008
  • Gallantry at sea nets 'Mary Patten award'
  • Unitex Logistics India holds customer meet in Chennai
  • Gati chooses Singapore for regional HQ
  • HSL delivers 30,000-DWT bulk carrier to Goodearth Maritime
  • Coast Guard rescues Vietnamese vessel stranded off Vizag coast
  • Land sharks eyeing MbPT estates, avers Kulkarni
  • Labour Day celebrated with enthusiasm by Kandla port workers
  • Sonia to flag off Krishnapatnam, Gangavaram ports operations next month
  • EDI operations at Major Ports by June-end, assures Customs chief
  • CoPT seeks Central grant for capital dredging of Vallarpadam ICTT channel
  • Private container train operators keen to run more services in eastern region
  • Call for airfreight stations along lines of CFSs
  • Rlys earning more
  • BCHAA strikes 5-yr wage deal with union
  • Rising dollar cheers exporters
  • Apeda may set up retail centre in Dubai

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International Transport Journalweb site
MAY 9, 2008
  • Lufthansa Cargo Charter appoints new global sales manager
  • Myanmar container terminal damaged
  • United Airlines wants to launch nonstop services to Dubai and Moscow
  • China to build Asia's largest container rail station
  • Mercurio becomes TNT Mercurio in Brazil
  • Austria: partial truck ban goes into force

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Maritime Global Netweb site
MAY 8, 2008
  • EU parcel tanker probe closed
  • TUI tussle continues
  • Braemar see big profit growth
  • Finnlines profit up slightly

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Marine Logweb site
MAY 8, 2008
  • Puerto Rico trade lines face antitrust class action suit
  • 5,750 bhp U.S.-flag tug sold overseas
  • Yantai-Raffles giant crane wins award
  • EC ends parcel tanker probe

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World Wide Shipperweb site
MAY 8, 2008
  • Port of Everett opening new Craftsmen District
  • Greenbrier taps Baker for executive positions
  • Astoria Coast Guard units earn award for excellence
  • Summer growth expected at US container ports
  • Port Seattle selects developer for business park project

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Lloyd's Listweb site
MAY 8, 2008
  • Athens clears way for elusive shipping IPOs
    GREECE'S stock market regulators are ready to sweep away the last special requirements that have been imposed on shipping companies previously.
  • Athens stock exchange eyes domestic IPOs
  • Capesize rates surge under South American demand
    BULK carrier freight rates are nudging record highs, as charterers pay over $250,000 per day for capesize vessels carrying iron ore from Brazil to China.

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Fairplayweb site
MAY 8, 2008
  • Containers should be weighed, says GL
    CONTAINERS must be weighed if the problem of lost boxes is to be solved, believes Jan-Olaf Probst, vice president in Germanischer Lloyd's newbuilding division.
  • Commission drops case against Odfjell
    THE EC has closed the file in the chemical parcel tanker freight rate fixing case, and will not issue fines against Odfjell
  • TUI staves off Fredriksen attack
    TUI chief executive Michael Frenzel came out as winner in yesterday's showdown with John Fredriksen at one of the most spectacular AGMs in German post-war history
  • Wah Kwong listing likely in July
    WAH Kwong Shipping, Hong Kong's bulk and tanker shipping enterprise, has begun pre-marketing activities for its $200M-$300M initial public offering
  • Owners bemoan unfair tax
    AN unpopular tax is causing discontent in the Vietnamese shipping community
  • Korean yards downplay delays
    KOREAN shipbuilding sources have ruled out a significant impact on newbuilding orders due to delays in securing bank guarantees by new yards.

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The Journal of Commerceweb site
MAY 8, 2008
  • Hughes 'confident' about ILA contract
    Longshore union president says he is optimistic about negotiations for a new contract to replace the one that expires in 2010.
  • Truck capacity pinched by Oakland port protest
  • Sea Star Line puts staff on administrative leave
  • TUI chief weathers protest by dissident stockholders
  • Emirates ends U.S. service
  • Grand Alliance switches United Kingdom port calls
  • Port strikes to hit France
  • Hipage acquires Stone
  • NWA ups fuel surcharges
  • AWO elects chairman
  • Expeditors income up 12%

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Containerisation Internationalweb site
MAY 8, 2008
  • Weighty evidence stacks up
  • Maersk pulls EC South America service in favour of slot charter
  • TUI AGM rejects Fredriksen motion to oust chairman
  • GL makes solid progress
  • Evergreen blames oil price and credit crunch for Q1 modest profit increase

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TradeWindsweb site
MAY 8, 2008
  • Salvage bargain?
    Casualties are costly and wreck removal horrendously expensive but George Tsavliris denies he is making a bomb.
  • Economou sells to DryShips
    DryShips takes chief executive's 4.4% stake of Norwegian drilling contractor Ocean Rig.
  • High price for High Peace
    D'Amico International Shipping owner fetches $55m for a recently purchased products tanker.
  • Hull crack forces stop
    A Louis Cruise Line ship is forced to stop at a Greek Island after a hull crack is discovered.
  • Zap 'em!
    Louisiana State University researchers propose using microwaves to kill invasive species in ballast water.
  • Ferry death toll reaches 45
    Brazilian firefighters continue to find bodies from the capsizing of the Comandante Sales.
  • Jobs cut in yard reforms?
    Shipyard workers brace for workforce reductions as Croatia restructures yards to join the European Union.
  • Log-In sailing on cash
    Brazilian logistics company and containership owner posts huge profits, although coastal shipping posted a pre-tax loss.
  • Eagle's gain sparks downgrade
    Bear Stearns analysts adds to series of earnings forecasts boosts but suggests now is not the time to buy.
  • Pac Basin looks for $275m
    Richard Hext-led bulker owner will place shares to cover ro-ro buy and other newbuilding commitments.
  • L&T fancies cruiseships
    Indian shipbuilder looks to adds cruise vessels to orderbook at new Kattupalli facility.
  • Chowgule races to profit
    Indian bulker owner banks much more in year to 31 March thanks to hot dry market.
  • Hubbard hubbub
    Underwriter turned broker thinks it may be time for a P&I shake-up.
  • Ph-EU!
    European Commission's antitrust case against Odfjell dropped so no fines forthcoming.
  • Noble figures fit the bill
    Hong Kong owner ducks global slowdown to paddle its way to record profits.
  • Malta Shipyards in trouble
    Government admits financial situation is precarious, while accusing workers of low productivity.
  • CSCL hoovers up more assets
    Hong Kong-listed owner continues to pick up containershipping units from parent, China Shipping (Group).
  • Aker wins rate cut
    Top shipbuilder secures premium reduction despite needing cover for world's most costly vessels.
  • Tata sets sail
    Indian power group to invest $500m in buying and chartering vessels.
  • Daewoo better by half
    First quarter profit up 51% as Korean yard builds more valuable ships ordered in 2005 and 2006.
  • Iino on the rise
    Japanese tanker and gas carrier owner ups annual result, with more growth to come in current year.
  • PGS reaps record reward
    First quarter revenue is best ever for Norwegian offshore vessel owner, while profit boosted by ship sale.
  • Jeddah plots $426m dockyard
    Saudi Arabia will build its third and largest dockyard capable of storing 2 million containers, transport minister says.
  • Heads roll at AFP
    Red ink for offshore player as cost overruns on FPSO conversion lead to hasty departure of CEO Svein Olsen
  • Up, down year for MES
    Mitsui Engineering & Shipping records drop in profit but rise in revenues as figures beat expectations.
  • Troim: We'll be back
    Fredriksen lieutenant vows to keep on trying to oust TUI top brass after losing shareholder vote.
  • Keppel confirms Global order
    Singapore yard wins second derrick/pipelay newbuilding deal from US-listed offshore contractor.
  • Polembros inks cape pair
    Greek shipowner books two large bulkers at China's Jiangsu New Eastern Shipyard for $160m.
  • Jaya thrives on offshore
    Singapore shipowner and shipbuilder sees year-on-year jump of 8% in third quarter profits.

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American Shipperweb site
MAY 8, 2008
  • Sea Star says it removed employees
  • Grand Alliance to return to Thamesport
  • Independent Container Line joins WSC
  • Aker Yards' 1st quarter profit slides 83%
  • Yang Ming names ships
  • CMA CGM offers new maritime training program
  • DHL USA names Allen CEO
  • DHL opens Panama hub
  • TSA takes cargo-screening roadshow to Seattle
  • Expeditors boss upbeat on economy after strong first quarter
  • Retail container traffic growing, but still below last year
  • Marseilles-Fos posts 12% cargo growth in first quarter
  • Port of Dunkirk's cargo up 20% in April

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The Scandinavian Shipping Gazetteweb site
MAY 8, 2008
  • Mona Lisa afloat again
    After several failed attempts to refloat the Bahamian-flagged Mona Lisa, the cruise vessel was pulled off by tugs on Wednesday afternoon. The vessel is currently in Ventspils, where a Port State Control have found some deficiencies, furthermore a diver's ...
  • Keel laying of Viking ADCC in Spain
    The keel of Viking Line's newbuilding for the route Mariehamn ' Kapellskär has been laid at the Spanish shipyard Astilleros de Sevilla. Viking Line's project manager Kaj Jansson said to SSG that the work on the newbuilding proceeds as planned and ...
  • Fredriksen failed in TUI
    John Fredriksen did not manage to sack the chairman of the board in TUI, Jürgen Krumnow, at the AGM on Wednesday, despite support from 42.6 per cent of the shares. Also, Fredriksen did not get a place in the ...

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The Bunker Bulletinweb site
MAY 8, 2008
  • IMO Chief defends shipping's environmental record
    Efthimios Mitropoulos says industry is committed to sustainable development.
  • Independent supplier boosts Egypt operations
    Double-hull bunker tanker deployed after gaining licence from Egyptian authorities.
  • Bunker market report from Praxis
  • Fuel costs forces rethink for fishing industry
    Trawlers in New Zealand are being idled or employing energy-saving devices as industry talks of crisis.
  • Indian refiner offers another fuel oil parcel
    Essar Oil offers 60,000 mt of residual product amid signs that Asian fuel oil market is tightening.
  • Rotterdam market firm
  • Singapore: Stocks of residual fuel, distillates fall
  • Ceypetco denies allegations
    Report alleges lack of transparency in Ceypetco's selection of bunkering partner.
  • MPA warns against smoke emissions
    Maritime and Port Authority of Singapore urges ship masters to take 'immediate action' to cut black smoke.
  • Bunker spill on US west coast
    Oyster dredge sinks in Grays Harbor, Washington state.

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