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11 August 2020 The on-line newspaper devoted to the world of transports 06:00 GMT+2

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The Business Timesweb site
JANUARY 11, 2008
Shipping News
  • Strong gains across S'pore port segments
    THERE were celebrations all round yesterday when the Maritime and Port Authority (MPA) released a set of sterling figures at the Singapore Maritime Foundation's (SMF) New Year reception.
  • PSA handled 27.1m TEUs in '07
    SINGAPORE'S dominant terminal operator PSA handled a record 27.1 million TEUs (twenty-foot units) last year, up 13 per cent on the 23.98 million TEUs handled in 2006.
Admiralty Casebook
  • Bulk carrier failed to keep effective lookout
    NO EFFECTIVE lookout was being maintained by anyone when a bulk carrier hit an anchored fishing vessel some 30 miles off the coast of South Australia in April last year, the Australian Transport Safety Bureau has found.

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Sched Netweb site
JANUARY 11, 2008
  • First increase in US port box traffic posted after four-month slump
  • Cosco's annual ocean volume surpasses 400 million tons
  • Qingdao hits 9.4 million TEU in 2007, port rises from 10th to 7th place
  • Port of Tianjin 2007 box volume exceeds 7 million TEU
  • Kenyan strife jams Mombasa, Dar ports wrecking dependent economies
  • High oil threatens many of Hong Kong's 30,000 logistics providers
  • New facility to lift Jeddah Islamic Port capacity 1.5 million TEU
  • Hangzhou airfreight market competition intensifies
  • German bankers foresee annual growth of 7pc for airfreight market
  • Pilots work computers as use of unmanned aircraft soars

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Exim Indiaweb site
JANUARY 11, 2008
  • More independent Maersk Logistics focuses on better efficiency
  • GE Shipping contracts to sell Panamax tanker
  • Export ban waived for Maldives wheat shipment
  • 22.16 pc rise in box throughput at Major Ports in April-Nov. 2007
  • US health official scrutinises Cochin Port's shipment facilities
  • Rlys hauls 8.23 pc more freight in April-Dec. 2007
  • SE Railway carries additional 8.2 m tonnes
  • CONCOR's ICD-Nagpur celebrates 11th Foundation Day
  • Corporate India lays out roadmap for 10 pc GDP growth rate
  • Enhance bank credit to SME sector, Fieo urges RBI
  • Foreign Trade Policy Analysis: Current Trends - By M. Sreedharan
  • Goa slams doors on all SEZs
  • PIOs to find place in PM's Global Advisory Council

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International Transport Journalweb site
JANUARY 11, 2008
  • New organization and management board for Finnlines
  • Maersk reduces workforce by 3,000 people
  • Singapore Airlines to double Zurich flights
  • Penske Logistics opens in San Luis Potosi
  • Röhlig España opens new office in Madrid
  • Air Cargo India 2008, Mumbai, 23-25 January 2008

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Maritime Global Netweb site
JANUARY 10, 2008
  • Maersk Line cuts up to 3,000 jobs
  • Imarex passes US$10bn mark
  • Seaway volumes down
  • ITF actions continue in India and Sri Lanka

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Marine Logweb site
JANUARY 10, 2008
  • Crew mistakes caused cruise ship heeling accident
  • Chief engineer gets prison term in pollution case
  • Bharati starts work on new shipyard
  • Marad launches grant program for small shipyards

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World Wide Shipperweb site
JANUARY 10, 2008
  • FedEx in line to become first buyer of Port of Portland industrial park land
  • Port of Bellingham inks draft environmental study
  • Port of Anacortes names Employee of the Year for '07
  • Trade between NAFTA partners sets new high mark during October
  • Descartes buys assets of Pacific Coast Tariff Bureau

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Lloyd's Listweb site
JANUARY 10, 2008
  • Box Club launches CSIS
    MULTI-MILLION dollar initiative aimed at promoting liner industry but will not defend individual lines.
  • Box Club to break cover for publicity campaign
  • Singapore takes top spot in boxport league
    PORT city is once again world's busiest container port, handling 27.9m teu in 2007.
  • EU shippers seek '10+2' scheme waiver
    EUROPEAN Shippers' Council says US cargo reporting programme will lead to sharing of sensitive business data.
  • Unmasking Indonesia's potential
    WHILE Indonesia was seen in the early 1990s as a land of opportunity, it has since lost much of its lustre.

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Fairplayweb site
JANUARY 10, 2008
  • NTSB issues cruise safety appeal
    The National Transportation Safety Board (NTSB) has issued multiple recommendations following its probe into the severe list of the Crown Princess
  • Officers blamed for Crown list
    POOR decisions and inadequate training caused the severe list of Princess Cruises' Crown Princess in July 2006, injuring 298 passengers and crew
  • Box lines take second bite at PR
    A NEW global public awareness campaign has been launched to improve container shipping's image
  • Jail threat for drunken master
    THE Ukranian master of a coaster unloading grain in Southampton has been fined after being found three times over the drink limit when preparing to sail
  • Insurers to consolidate in 2008
  • Congress demands shortsea policy
  • Russian fields buck negative trend
  • Frank bids for last 10% of Novoship
  • OceanFreight doubles tanker play
  • PSA records 13% rise in box traffic
  • Seattle commissioners change rules
  • Lake shoaling grounds five bulkers
  • Major ferry refit deal for Wartsila
  • Chemoil commences Helios operations

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The Journal of Commerceweb site
JANUARY 10, 2008
  • Port of Los Angeles-Long Beach commissions to consider new cargo fee
    Proposed fee would raise as much as $1.4 billion over seven years to fund roadway and rail infrastructure projects.
  • Major container carriers launch public awareness campaign
  • FedEx plans Portland hub
  • Piracy, violence increase
  • Marad aids small shipyards
  • NYK, Hyundai plan Asia-Africa-S. America loop
  • Descartes acquires Pacific Coast Tariff Bureau
  • GAO calls for coordinated tanker security
  • Rotterdam container project gets initial financing
  • NYMAR elects Shaerf
  • Le Havre box traffic up 25% in 2007

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Containerisation Internationalweb site
JANUARY 10, 2008
  • NYK picks liner agent in Novorossiysk
  • Ocean carriers launch major public awareness drive
  • NYK & HMM link up for new Asia/Africa/South America service
  • Zim upgrades East Africa service in a bid to combat congestion
  • Norbert Dentressangle and Novatrans get closer

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TradeWindsweb site
JANUARY 10, 2008
  • GE enters Hammonia
    US-based GE Transportation Finance buys into German management venture Hammonia Reederei.
  • PR for boxships
    Two dozen containership companies launch the Container Shipping Information Service, aimed at boosting public awareness of the sector.
  • HMM, NYK team up
    Asian companies to jointly run a liner service between Asia, South Africa and South America.
  • Seaway positive on decline
    St Lawrence Seaway managers report a 9.1% decline in tonnage to and from the Great Lakes, but the drop could have been worse.
  • Tanker boosts earnings
    OceanFreight's second venture into the tanker sector leads to a 20% boost in earnings estimate, analyst says.
  • Grounding averted
    A products tanker's drift is halted just 54 metres from running aground of the United Kingdom.
  • Kandylidis continues tanker drive
    Nasdaq-listed OceanFreight snaps up second hand suesmax in $65m deal with George Economou-backed company.
  • Analyst likes Navios' tango
    New York shipping analyst boosts 2008 earnings estimates for Navios Maritime Holdings by 11% after the company's South American play.
  • Peacegate buys
    Nigerian oil and gas group acquires support vessel financed by domestic bank.
  • Brazil dampens dry fire
    Closure of terminal and further mooted set-backs said to be at heart of capesize slump.
  • Malaria "outbreak" at Subic Bay
    Korean bosses downplay 321 cases of disease at Philippines shipyard last year.
  • Rousse worker dies
    Man killed after falling into water at Bulgaria's Danube shipyard.
  • Taylor topples IPO talk
    Drydocks World will not tap the money markets to finance its spending spree, at least for now, chief executive says.
  • Sub hits ship off India
    Underwater inspection for UK-owned vessel involved in incident with Indian Navy submarine off Mumbai.
  • Chemical carrier drags anchor
    UK coastguard tug battling to prevent under-repair Marinvest tanker grounding in Weymouth Bay.
  • C&HI bags a brace
    South Korean yard grabs a two ship order from a mysterious European shipowner.
  • Sovcomflot mops up minority
    Rusian tanker owner to buy up 9.66% in partner Novoship held by smaller investors.
  • Evergreen feeling blue
    Boxship giant sees sales drop 19.34% in final month of 2007, with year to date figures also falling.
  • Gas good for Skaugen
    Shuttle tankers made a loss in 2007, but Norgas went from strength to strength for Norwegian owner.
  • One missing from ferry off UK
    Major search underway after passenger fails to disembark vessel arriving at Cowes from Southampton.
  • Napoli report delayed again
    Complex case to blame for likely 15-month gap between UK boxship accident and MAIB verdict.
  • B&B flexes muscles
    Australian group linked to move for UK's Forth Ports as it takes 100% control of Westerlund.
  • Attica's fleet shrinks further
    Two more ro-ros leave Greece's Attica Holdings as Marfin Investment Group tightens grip.
  • Croats ready yard upgrade
    Balkans state to start shipyard upgrade this year in preparation for big sell-off.
  • USCG lacks anti-terror resources
    Coast Guard is not equipped to protect against terrorist attacks at US ports, report says.
  • Hyproc targets tankers
    Algerian gas carrier player wants enough crude ships to handle half of country's exports.
  • Yard merger talk gains pace
    Italian transport minister says momentum growing for Fincantieri and Aker Yards tie-up.
  • More disruption for Aker Yards
    Finnish workers stage third strike in less than two months in row over payments to Russian staff.
  • Cabotage change a Royal pain?
    US-based cruise operators will jump ship if new rule for foreign-flagged vessels is passed, Royal Caribbean says.
  • GE sells again
    India's Great Eastern offloads single-hulled products tanker two days after selling panamax bulker.
  • Bharati unveils new yard plan
    Indian shipbuilder picks site near Dabhol for facility capable of building vessels up to 100,000 dwt.
  • BC bonds again
    Canadian owner launches another 30-year debt issue, this time for CAD 200m.
  • Six vessels attacked in Nigeria
    No end to escalation in violence as numerous offshore support vessels attacked in 20 minute spell near Bonny Island.
  • Green light for Balearia
    Spain clears joint venture between domestic owner and CMA CGM to run Comanav ferries.

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American Shipperweb site
JANUARY 10, 2008
  • NYK, Hyundai start Asia/Africa/South America service
  • Piracy attacks rose 10% in 2007
  • Indian shipyards primed for massive investment
  • NYK, Hyundai start Asia/Africa/South America service
  • Maersk changes Far East/West Africa services
  • UPS adopts more aggressive debt policy
  • Shipyard crane falls into San Francisco Bay
  • DHL reaches deal with Walgreens
  • St. Lawrence Seaway has another long season
  • London freight plan unveiled
  • A&R Logistics acquires Virginia site
  • Perry Ellis to buy two Liz Claiborne brands
  • Siemens extends transatlantic logistics contract with Kuehne + Nagel
  • New St. Louis distribution center
  • DP World moving non-container cargo handling from Rashid to Jebel Ali
  • Singapore's traffic increases 12.7% in 2007
  • L.A. port officials seek federal authority to reorganize FTZ

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The Scandinavian Shipping Gazetteweb site
JANUARY 10, 2008
  • Pride of Telemark in electric and engine overhaul
    Norwegian passenger/car ferry operator Kystlink has contracted Finnish Wartsila to overhaul main engines, removal and maintenance of five auxiliary engines, install new electrical system, as well as refurbishment of 31 cabin interiors in a deal worth EUR 9.5 ...
  • Two seafarers died in lifeboat accident
    Two crewmembers of the Panama registered container carrier MSC India died in a lifeboat accident on Wednesday southeast of Utklippan in the Karlskrona archipelago in southeastern Sweden. 'Three crewmembers were engaged in maintenance work, when the boat of unknown reason ...
  • Norwegian owners likely to take the government to court
    Norwegian owners, either as individual companies or as groups of companies, are likely to take the present leftist government to court to test the legality of the NOK 21 billion in back-taxes leveled on owners based in Norway. Yesterday ...

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The Bunker Bulletinweb site
JANUARY 10, 2008
  • KPI-Bridge Oil expands broker reach with new acquisition
    Company becoming 'even stronger player' as expansion deal announced.
  • Shipping conference ushers in more rate hikes
    Member saying impact of bunker prices makes rate rise necessary.
  • Aegean shares slip
    Big drop in share value seen Wednesday even as company talks about continued expansion.
  • Asia bunker prices slide
    Fuel prices weakening even while crude oil market holds steady.
  • Rotterdam barges tight
  • Singapore bunker sales top 30 million mark
    Port maintains top position; new regulations announced for bunker tankers
  • Chemoil emphasises 'business as usual'
    Chandran was a 'major player' but company says it has strength in depth.
  • Singapore residual fuel stocks highest in 8 months
    Middle distillate stock inventory lowest since May 2006.
  • Japanese traders expect tight avails for end January
    Japanese refineries to cut January's supply output.

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