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03 April 2020 The on-line newspaper devoted to the world of transports 10:55 GMT+2

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The Business Timesweb site
SEPTEMBER 10, 2008
Shipping News
  • Arctic shipping set to explode in legal vacuum
    As the Arctic ice cap melts away, shipping in the environmentally fragile region is expected to balloon, but there is virtually no legal framework to regulate the new activity, experts cautioned on Monday.
  • Posco, three others submit Daewoo Shipbuilding bids
    Posco, Hyundai Heavy Industries Co and two other South Korean companies submitted detailed initial bids to buy a majority stake in Daewoo Shipbuilding & Marine Engineering Co, the industry's biggest potential acquisition.
  • Russian ports, banks to gain on economy revamp
    Investors should buy Russian logistics providers, builders and banks because an overhaul of ageing infrastructure will drive the Russian economy's future growth, Troika Dialog said.
  • Cruise lines change course to cut fuel costs
  • DHL Express sees India leading Asia-Pacific growth

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Sched Netweb site
SEPTEMBER 10, 2008
  • Maersk, Sri Lanka JKH land larger piece of S Asia Gateway Terminals pie
  • Fujian's Zhangzhou offers barge service to Port of Xiamen
  • China plans to raise rail box traffic three fold by 2010
  • Qinghai Zhaoyang logistics park builds rail service centre
  • NDG suffers H1 loss of US$23 million amid integration
  • Senator Lines' MSC Loop A service drops Gioia Tauro call
  • Eastern Canada city sees trumping others on air cargo costs
  • Woodland Media Logistics is launched to serve publishers
  • Matson Global acquires Pacific American Services
  • MASKargo takes delivery of A300-600 freight to reach for the stars
  • New scheme tightens security for air cargo in Singapore
  • SAS Cargo selects new GSA for India

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Exim Indiaweb site
SEPTEMBER 10, 2008
  • PDP International provides containerised solution to bulky consignment
  • Rates for hiring Capesize vessels nosedive for 3rd week
  • Greatship inks JV with Norwegian co. for subsea projects
  • Indo-German trade projected to cross 30 bn euros in 2010
  • Feeder lines at Cochin Port may impose congestion surcharge
  • Air cargo seen plunging
  • Integrated multimodal logistics now the aim
  • Large SEZs may be modelled along Jamshedpur lines
  • MoF report estimates 30 pc jump in external debt burden
  • Assocham seeks cut in interest rates, lowering of corporate tax
  • FinMin's interpretation of I-T Act may deny SEZ units 5-yr tax exemption
  • Mukesh-Anil rift impacting economic development adversely, notes UK think-tank
  • Exporters slam decree terming Pusa variety as non-Basmati

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International Transport Journalweb site
  • Opening of Rotterdam's Euromax Terminal

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Maritime Global Netweb site
  • ELAA: "what we can do after 18 October"
  • MISC attacks press coverage
  • UK owners slam windfarm decision
  • Evergreen Line launches Japan ' Taiwan - Philippine Service (JTP)
  • Hamburg Süd launches North American- Australasia service
  • Maersk moves from Gdynia to Gdansk
  • IMPA makes it 30

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Marine Logweb site
  • Pelosi: Democrats' energy proposal includes drilling
  • Offshore operators prepare for Ike
  • Korea Line joins CPI tanker pool

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Lloyd's Listweb site
SEPTEMBER 10, 2008
  • South Korean shipbuilders steam ahead
    SOUTH Korean shipbuilders took the lion's share of global newbuilding orders during the first half of 2008.
  • Noble Group denies Indonesian coal force majeure
    NOBLE Group has denied reports that it declared force majeure on coal shipments from an Indonesian mine in Kalimantan.

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Fairplayweb site
  • Hurricane levels Grand Turk
    HURRICANE Ike has devastated the burgeoning cruise destination of Grand Turk, with Carnival confirming that it will suspend calls to the island indefinitely
  • Oil price drops as Ike weakens
    OIL PRICES dropped this morning as Hurricane Ike weakened over Cuba, with forecasters suggesting that its course might miss most Gulf of Mexico oil platforms and ports
  • BBC's candid box camera
    A SPECIALLY branded BBC News box will be placed in the spotlight over the coming months as its progress is tracked around the world to highlight globalisation
  • Study shows freight cost gap
    OIL IS much cheaper to move than iron ore and coal, a report by the broker Gibson's has indicated

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The Journal of Commerceweb site
  • Weak finish seen for boxes in 2008
    Retailers forecast dismal close to uninspiring year at US seaports, with containerized imports projected to decline 6 percent in 2008.
  • Q&A with WSC's Chris Koch
  • Senator blocks highway funding
  • Nehru charges rejected
  • New ship for Seaspan
  • Lake Charles pilots urge channel draft restrictions
  • Customs turns away vessels with gypsy moths
  • PD Ports warns of failing British rail system
  • UPS offers new trade finance for small importers
  • Judge won't block LA-LB port truck plan
  • ProLogis signs K&N

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Containerisation Internationalweb site
  • CMA CGM opens new jungle barge service
  • Taiwan carriers launch new intra Asia service
  • PD Ports calls for rail action
  • US port trucking firms face court cases for 'exploiting the system'
  • Famous Pacific Shipping joins international household forwarders association

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TradeWindsweb site
  • Baupost sells
    Boston fund manager cuts its stake in US containership owner Horizon Lines by 44%
  • Vessels collide
    A products tanker and a LPG carrier, both owned by Pdvsa, collide off Venezuela.
  • Spain faces spill
    Barge sinks in at the port of Tarragona, releasing fuel oil into the port's waters.
  • Wall Street wallop
    A broad swath of shipping stocks is on the plunge Tuesday, but dry-bulk is at the lead of the bear race.
  • Sveaas bags more
    Norwegian investor buys nearly $4m worth of shares in US offshore vessel player Trico Marine Services.
  • Back for more
    Clipper strengthens its holding in Eitzen Chemical with another stock raid today.
  • Nolis fine erased
    Owner says authorities removed a fine after suspicions of a spill from a detained tanker are proven false.
  • LSC lifted
    Lithuanian dry cargo owner powers to bigger first half profit thanks to ship sales.
  • A fifth to fail
    Nearly 20% of newbuildings set to arrive this year will miss their delivery target due to parts and labour shortages, Citigroup says.
  • STX 'dumped oil'
    South Korean owner's bulk carrier suspected of dumping fuel oil is one of 11 vessels held in US last month.
  • Shreyas sells
    Indian owner offloads brand new boxship even as talk persists it is looking to buy same-sized unit.
  • Havana affair
    US owner Crowley shipped the TV gear that let domestic viewers see the country's first football match in Cuba since 1947.
  • Temasek buys
    Singapore state investment fund revealed as one of several new investors in Russia's Fesco following share sale.
  • BLT raids banks
    Indonesian tanker owner secures $400m loan to finance ongoing newbuilding delivery programme.
  • PSVs to shine
    Dark economic cloud will not cast shadow on supply vessel market as trickle of newbuildings is easily absorbed, leading shipbroker says.
  • A bigger splash
    OSG and Ultragas welcome Korea Line into its MR products tanker pool, signing up two STX newbuildings.
  • Maersk sells
    Copenhagen-based offshore owner offloads 1980s-built AHTS in $16m deal.
  • Sweet talk in Cork
    Irish port bosses agree incentives with Welsh partners to get new Irish Sea ferry service back in business.
  • Tanker bargains
    Research from UK broker Gibson shows cost of carrying oil far less than bulk in terms of cargo value percentage.
  • Oz cargo hold fire
    Electrical fault sees front-end loader catch fire in hold of Oldendorff Carriers ship in Melbourne.
  • Vinalines venture
    Vietnamese owner plots cooperation with China Merchants to develop new $1bn boxship terminal at Vung Tau.

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American Shipperweb site
  • Maersk Tankers order 4 VLCCs
  • OOCL to open own office in Poland
  • Seaspan takes delivery of 2,500-TEU box ship
  • Lesnick named MarAd's head for intermodal systems development
  • Cathay CEO: No light at end of tunnel for aviation industry
  • DHL's expanded Hong Kong hub fully operational
  • Forward Air buys pool distribution company
  • DSV Road acquires Waagan Transport Group
  • Calif. attorney general files labor suit against SoCal truck firms
  • Electrolux Professional renews, extends contract with CEVA
  • Crown Worldwide makes Rossall Vietnam manager
  • Mainfreight adds customs brokerage service to U.S. operations
  • Lott named CFO of Shapiro & Co.
  • Adelantex selects Four Soft software
  • Puget Sound ports see volumes slip
  • Report: N.Y.-N.J. Port Authority employees big earners

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The Scandinavian Shipping Gazetteweb site
  • Bendt Bendtsen retires from the government
    On Tuesday morning the minister of Business Affairs in Denmark, Bendt Bendtsen, announced that he retires from his position as minister and leader of the Det Konservative Folkeparti. Officially he will step down from his position tomorrow and hand over ...
  • Frontline Voyager attacked
    Frontline's suezmax tanker Frontline Voyager, 155,127 DWT, was attacked by pirates in the Gulf of Aden on Saturday, reports Fairplay. A helicopter from the international Task Force 150 was sent to the scene and managed to ward off the pirates ...
  • New agreements for Svithoid Tankers
    Svithoid Tanker's two newbuildings, MT Vedrey Tora and MT Vedrey Thor (3,515 DWT each) are at present chartered on seven-year timecharter agreements for the Brittish shipping company James Fisher Everard Ltd. After renegotiations of both vessels agreements, MT Vedrey ...

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The Bunker Bulletinweb site
  • Shipping giant to focus on reducing bunker consumption
    Moller-Maersk to meet environmental challenge through 'energy efficiency'.
  • Global bunker market report
  • UAE studying Strait of Hormuz 'bypass'
    Giant canal from Dubai to Fujairah could provide alternative route for oil tankers.
  • Bunker prices soften in Asia hubs
    Tokyo Bay sees some of the steepest falls.
  • Spill alert after bunker barge sinks
    Bunker fuel leaks into waters of Spanish port.
  • ARA congestion continues
  • DNVPS addresses supplier 'boycott'
    Singapore's five biggest suppliers on list of companies willing to work with DNVPS surveyors.
  • Shenzhen bunker sales 'to exceed' Hong Kong
    Brightoil director says Hong Kong volumes will be surpassed.
  • 'Slow down' could push oil below $100 a barrel
    But sharp drop in the price of crude oil only likely 'in the event of global recession'.
  • John Keells shares drop on court ruling
    Fall helps pull down the Colombo All-Share index.
  • Maersk orders four 'green' VLCCs
    Waste heat recovery systems and 'latest generation' engines will cut fuel consumption and emissions.
  • Slow steaming 'not always the right option'
    Project led by DNV will study the effect of slow steaming on the supply chain.

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