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07 August 2020 The on-line newspaper devoted to the world of transports 22:51 GMT+2

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The Business Timesweb site
MAY 22, 2008
Shipping News
  • Petrobras plans to order US$30b of drilling ships, rigs
    Petroleo Brasileiro SA, owner of the Western Hemisphere's largest oil discovery in three decades, plans to order 40 drilling ships and platforms worth about US$30 billion for delivery by 2017.
  • Berg sets up its only Asian plant in S'pore
    In a business where reliability and reputation are everything, Berg Propulsion, one of the leading manufacturers of controllable pitch propellers, has chosen to locate its new plant and its only one in Asia in Singapore.
  • Nippon Yusen to borrow 11% more to fund costlier ships
    Nippon Yusen KK, Japan's largest shipping line, will increase borrowing from banks including Mitsubishi UFJ Financial Group Inc by 11 per cent to about US$4 billion this year to pay for costlier ships.

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Sched Netweb site
MAY 22, 2008
  • Bid for Hapag-Lloyd hails from European, Hamburg interests
  • Evergreen threatens to strike British colours if tonnage tax levied
  • NWA's Asia/USEC service to resume weekly frequencies
  • Global TEU ranking: Singapore tops, Shanghai, then Hong Kong
  • Hanjin receives two of eight 4,300-TEU newbuildings from Samsung
  • Sinotrans Logistics to build warehouse in Shanghai-Fengxian
  • Top carriers control increasing share of world container shipping
  • Growing Indian box trade sets Distriparks on road to riches
  • PC Maritime develops speaking engine room simulator
  • Russian Railways trebles net profits in 2007
  • Air Canada plummets further in Q1, posting US$286 million
  • Martinair suffers a near 10 fold loss of US$107 million
  • AMI Express Europe review of services boosts volumes 25pc

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Exim Indiaweb site
MAY 22, 2008
  • Damco wins coveted best logistics provider (sea freight) award at AFSCA ceremony
  • Mercator Lines to buy & in-charter more oil rigs
  • 100 pc container scanning will prove to be too costly-EC
  • UASC's 4th vessel named m.v. Mayssan
  • Hijacked ship now at Murgane
  • Saudi Basmati market may slip away
  • 1.5 m tonnes
  • Shrimp leads in seafood export
  • Export ban on edible items waived to help Bhutan
  • Russian envoy sees immense scope to boost trade with India
  • PEC floats tender for 24,000 t palmolein
  • Japan casts doubts on technical viability of western rail freight corridor
  • Lalu rewards officers & staff for record freight revenue
  • Lufthansa Cargo levies new handling charges on imported cargo
  • Rail Board to engage consultant to project freight, passenger traffic in Kolkata
  • FinMin moved to review steel export duty on SEZs
  • Export duty on stainless steel pipes may go
  • Re. depreciation persuades MoF to consider rollback of interest subvention on export credit

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International Transport Journalweb site
MAY 21, 2008
  • Wincanton Germany reshuffles management
  • TUI will sell Hapag-Lloyd to highest bidder
  • BA to serve JFK from Gatwick in addition to Heathrow
  • Germany: Kiel canal to be extended

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Maritime Global Netweb site
MAY 21, 2008
  • UK detains 6 in April
  • EC go-ahead for Czech subsidies
  • US dockers die in argon leak
  • Kiel Canal upgrade planned

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Marine Logweb site
MAY 21, 2008
  • Allen unveils USCG Marine Safety Improvement Plan
  • House panel probes USCG marine casualty investigations
  • Petrobras on rig and drillship spree

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World Wide Shipperweb site
MAY 21, 2008
  • Panama Canal Autority releases second quarter metrics
  • Cutter POLAR SEA returns to Seattle homeport
  • Matson Navigation wins top GM supplier honor
  • Port of Olympia's Swantown earns Clean Marina Washington nod
  • Boeing celebrates debut of new 777 Freighter

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Lloyd's Listweb site
MAY 21, 2008
  • Vale inks record $2bn VLOC order
    VLOC splurge part of Vale's plan to take greater control of soaring freight costs.
  • Vale remains upbeat despite mixed financial results
  • Brazil and Asia set for $30bn Petrobras bonanza
    OIL giant will require 40 drillships and semi-submersible drilling rigs over the next 10 years.
  • Tricolor '17% liable for its sinking'
    US district court rules vessel's speed was a proximate cause of collision but liability is limited.

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Fairplayweb site
MAY 21, 2008
  • Petrobras in $30M spending spree
    BRAZIL's state controlled oil giant Petrobras is to spend $30Bn on 40 drilling ships and platforms over the next nine years, the company said in a statement yesterday.
  • French blockades halt ferries
    STRIKING French fishermen have blockaded ports and prevented ferry sailings at Calais, Dunkirk and St Malo today
  • Dubai firm plans Gujarat yard
    DUBAI'S Emirates Trading Agency (ETA) plans to set up a shipbuilding yard in Gujarat, India
  • Caricom drops cricket ball
    THE Caribbean has failed to have take advantage of integration efforts linked to cricket's World Cup West Indies 2007, although advances are being made in a trade pact with Europe
  • Shipping gets clean-up call
    SHIPPING companies should produce annual environment reports, a leading industrialist told the International Tug and Salvage Conference in Singapore today
  • LLX will float to raise cash
    INVESTMENT group EBX, owned by the South American billionaire Eike Batista, is hoping to raise $3.5Bn to spend on ports and logistics projects in Brazil by floating its subsidiary LLX.

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The Journal of Commerceweb site
MAY 21, 2008
  • Commissioner Anderson leaving FMC
    Resignation comes just weeks after a House panel took agency to task over complaints ranging from low employee morale to lack of leadership.
  • Senate to consider bill limiting sulfur in ship fuel
  • AOTOS honors Capo, Garvey
  • China may double GDP
  • BNSF: No double-stack plans for key PNW tunnel
  • Judge rules in Tricolor case
  • EU to fight banana ruling
  • Malaysia balks at U.S. pact
  • Boeing debuts 777 freighter
  • More trains for Nehru port
  • Hapag-Lloyd, APL upgrade Asia-Mexico Express loops

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Containerisation Internationalweb site
MAY 21, 2008
  • HHLA still booming
  • UK's FTA supports longer heavier vehicles to cut emissions
  • Another Asia/South American service splits
  • Unifeeder concentrates new services on growth hub ports
  • Oil price races through the USD130 barrier

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TradeWindsweb site
MAY 21, 2008
  • Seanergy buys Restis six
    US-listed blank cheque company pays $395m for a bulker sextet from the Restis family.
  • TEN stakes to hit market
    Major shareholders, including Tsakos family, take steps to sell off big slices in US-listed Tsakos Energy Navigation into public markets.
  • Judge rules in Tricolor case
    The boxship Kariba's blame is whittled down to 63% as the two other ships involved in the Tricolor sinking get a share in the blame.
  • TEN exceeds the 'superb'
    Nikolas Tsakos-led Tsakos Energy Navigation posts a 50% increase in profits.
  • US investigators' turf war
    National Transportation Safety Board cites "friction" with US Coast Guard in Cosco Busan case as it bids for primacy.
  • TTA tips full-year bonanza
    Fresh from a second quarter surge in profits Thai bulker owner says booming BDI will boost 2008 figures.
  • Zoullas bags supra pair
    Eagle Bulk buys two charter-free bulkers in a $146m move.
  • Mipo mum on Euro threesome
    Korean yard not saying much on three European owners who have penned orders for eight bulkers.
  • New boss for Eimskip
    Icelandic container line finds permanent successor to Baldur Gudnason in cold storage.
  • Kiel Canal gets bigger
    Germany plans to widen and dredge vital link from North Sea to Baltic.
  • Swan Hellenic scraps cruise
    UK operator left pining for the fjords after Minerva experiences engine trouble.
  • NYK digs deep
    Japanese giant to borrow up to $4bn this year to pay for newbuildings.
  • Tokai tanks
    Japanese ferry owner falls to bigger loss in first quarter as revenues dip.
  • Petrobras in $30bn spree
    Brazilian state-owned oil giant to ink 40 drillships by 2017.
  • Dof buys in India
    Helge Mogster-led owner adds another newbuilding in a $50m deal with Tebma Shipyards.
  • Fredriksen trims OSG stake
    Frontline boss offloads part of his stake in US-listed rival, but gives no indication of long term plans.
  • Concordia fixes P-MAXes
    ST Shipping and Transport takes three of Swedish owner's tankers building in Croatia on charter.
  • Bigger, but slower
    Maersk is increasing the size of its ships on its Europe-ME route, but they will travel at a reduced speed.
  • Unifeeder expands network
    Europe's largest feeder operator to provide more weekly services from Amsterdam and Zeebrugge.
  • Polembros ponies up the dough
    Greek owner puts down 5% deposit for capesize bulkers at Chinese shipbuilder JES International.

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American Shipperweb site
MAY 21, 2008
  • Consortium to bid for Hapag-Lloyd
  • Hapag-Lloyd, APL double-up Asia/Mexico service
  • UASC receives latest 6,900-TEU ship
  • ISS partnering with New Zealand agency
  • UPS to switch intra-Asia air hub from the Philippines to China
  • CSX Intermodal introduces "Threads Express"
  • Carlyle acquires stake in ITS Technologies & Logistics
  • Agencies paper over AES differences as export rules near fruition
  • U.K. Takeover Panel issues deadline on TDG offers
  • Forwarders support legislation to license AES filers
  • FMC reviews 5 OTI license applications
  • APL marks terminal expansion
  • Ga. governor: Savannah is 4th-largest U.S. container port
  • Guam governor signs port modernization plan
  • Three die from gas leak at Port Everglades
  • TT Club: Quay crane drivers most at risk from ship emissions
  • CBP nabs $22 million in fake luggage, bags at Oakland port
  • Electric RTGs on deck for two Long Beach marine terminals

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The Scandinavian Shipping Gazetteweb site
MAY 21, 2008
  • Saarikangas wants to save Finnjet
    The Finnish state broadcaster YLE reports that Martin Saarikangas and some members of the Esbo city council wants Esbo to buy Finnjet. They propose to use the legendary ferry as temporary living quarters for refugees and visiting researchers and to ...
  • Disgruntled Sævik sells Aker Yards' shares at discount price
    As a consequence of not having received enough support for his strategy for Aker Yards' future development, Per Sævik decided to sell the around ten per cent of the shares he controlled. S'vik wanted to see a new board and ...
  • Total t/c cover for Concordia fleet
    Concordia Maritime has secured long-term charters with ST Shipping and Transport, the shipping arm of Glencore, for three of its P-MAXes. The deal runs for three years for each vessel from delivery from the shipyard, one in 2009 ...

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The Bunker Bulletinweb site
MAY 21, 2008
  • UK: Consultation launched on new STS transfer laws
    New regulation will ban bunkering operations outside statutory harbour authority waters.
  • More bullish news as US oil inventories shrink
    Crude at $130 after weekly inventory figures show unexpected drop in crude and shrinking gasoline cushion.
  • Bunker market report from Praxis
  • Big port expansion from Castrol Marine
    Supply network extended to 80 new ports, marine lubricant barge service added in China and Japan.
  • Industrial action complicates Le Havre bunkering
    Barge movements hampered by frequent closures of locks separating refinery from port.
  • Rotterdam market firming
  • GAC says no to IPO
    The group is content with its current financial model and "sees no reason" to launch an IPO.
  • Maersk cuts speeds on Europe/Middle East route
    Shipping line says reduced speed will improve services and cut emissions.
  • Australian port reports 'good avails'
    But players in Sydney say high prices are subduing demand.
  • Suppliers defend new bunkering rules
    Port Klang bunker regulations will prevent deals going 'below the radar'.

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