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23 November 2019 The on-line newspaper devoted to the world of transports 03:01 GMT+1

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The Business Timesweb site
JULY 22, 2008
Shipping News
  • Kuehne & Nagel reports 13% jump in Q2 earnings
    Kuehne & Nagel International, the world's largest sea-freight forwarder, said second-quarter profit rose 13 per cent, boosted by more sea shipments.
  • Russian billionaire increases stake in TUI to 15.03%
    Russian billionaire Alexei Mordashov has increased his stake in TUI, one of the leading European travel and shipping groups, to 15.03 per cent, a statement to the stock market said yesterday.
  • Tanker rates may climb on August demand gain
    The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may advance because oil companies are taking longer to hire next month's ships, potentially leading to a demand surge.
  • Iran seeks supertanker to store crude oil

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Sched Netweb site
JULY 22, 2008
  • China ups full railcar freight rate 75pc after fuel price hikes
  • California's eco tax on containers threatens Hawaii imports
  • Zim to dock at new Western Berth at Kingston Container Terminal
  • British forwarders welcome decision not to increase fuel tax
  • India's planned Diamond Harbour container terminal cost estimates double
  • Odense shipyard to deliver 7,000-TEU ship for Maersk service
  • Inttra partners with Szedi in Shenzhen to broaden reach
  • Lufthansa Cargo serves Brazilian market twice weekly
  • GAC Singapore manages heavy airlift for Prosafe's FPSO
  • BA World Cargo to raise fuel surcharge July 31

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Exim Indiaweb site
JULY 22, 2008
  • DGS' new decree elates inland waterways & coastal shipping operators
  • Bharati proposes to set up second mega shipyard, this time near Bhavnagar
  • Welcome aboard for a cruise... on a containership!
  • K Line implements Vision 100 for vessel safety, administration
  • Hamburg S'd enhances presence in China with 7 proprietary offices
  • Fujian Foreign Trade Centre Shipping Company offers weekly Quanzhou to Manila service
  • APM Terminals to begin new Black Sea facility project
  • INTTRA partners with SZEDI to provide enhanced supply chain visibility in S. China
  • Maritime observers pin higher hopes on smaller ports
  • Consolidated terminals of post 21 pc higher H1 throughput
  • Freight corridor projects costs escalate
  • Forex reserves up by $ 123 million to $3,08,520 million
  • Speculators behind global crude price rise-Chidambaram
  • Drawback panel term extended till Aug. 11
  • Exports in 2008-09 to be wide off mark-Ficci survey

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International Transport Journalweb site
JULY 21, 2008
  • Kukla and Samskip set sights on Scandinavia
  • LAN Airlines launches Toronto-Santiago service
  • Eurotunnel with positive first six months
  • Kuehne + Nagel grows faster than market

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Maritime Global Netweb site
JULY 21, 2008
  • Bargaining Forum "progress"
  • EWL folds
  • Cosco Busan pilot to stand trial
  • Q88 completes PMI project

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Marine Logweb site
JULY 21, 2008
  • Royal Caribbean to slash shore-side jobs
  • Horizon Lines indemnifies non-management directors
  • Guidry family and investment firm acquire Harvey Gulf
  • FLC West gets O.K. for Aker Yards deal

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World Wide Shipperweb site
JULY 21, 2008
  • Port of Tacoma taps Howard as new records manager
  • Washington ferries testing biodiesel fuel blend
  • Dutch Harbor leads U.S. in landings of fish during 2007
  • IntelliJet Marine teaming with Art Anderson Associates
  • California Maritime Academy eyes LNG training program

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Lloyd's Listweb site
JULY 22, 2008
  • DryShips closes $1.13bn of financing for drillships
    THE credit facility arranged by Deutsche Bank and Dexia Credit is for the two vessels being built by Samsung Heavy.

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Fairplayweb site
JULY 21, 2008
  • Royal Caribbean axes 400
    Royal Caribbean Cruises has announced a massive lay-off of 400 shoreside staffers as part of a $125M/year cost-cutting plan
  • Dolly forces Mexican oil terminal to close
    PEMEX has closed one of its export terminals on the Gulf of Mexico as Tropical Storm Dolly enters the Gulf, having passed over the eastern tip of Mexico's Yucatan Peninsula
  • Mideast oil production surge seen
    MORE OIL is being lifted from the Middle East because of an upsurge in production, the Centre for Global Energy has said in London
  • Crew rescued from drifting ship
    NINETEEN crew have been rescued from a drifting vessel off by Western coalition forces from CTF 150, which patrols the waters from Pakistan to the Horn of Africa

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The Journal of Commerceweb site
JULY 21, 2008
  • UPDATE: PMA says union targeting ships, terminals during contract negotiations
    Sides trade charges, barbs as teams of negotiators continue to work toward a new labor contract for West Coast ports.
  • LA-Long Beach to face lawsuit over clean trucks
  • APL volumes, revenues up
  • Hamburg group says it made offer for Hapag-Lloyd
  • Dredge fill to trim Charleston project costs
  • House members oppose 're-direction' of TWIC funds
  • CMA CGM taps chief of US commercial business
  • EU ups Doha farm offer
  • TWIC tops 200K for week
  • K&N profit gains 14.5%
  • APM adds Vietnam terminal

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Containerisation Internationalweb site
JULY 21, 2008
  • 23% profit surge for Cork dulls the pain of planning rejection
  • US West Coast weekend talks 'made progress' say union
  • APM T strikes deal for new Vietnam terminal
  • Port of Spain upgrades and focuses on customer service
  • C-TPAT renewed for OOCL

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TradeWindsweb site
JULY 21, 2008
  • Drilling for cash
    George Economou-led DryShips signs on to $1.13bn credit facility for its drillship order.
  • Court says no
    A US appeals court overturns Dominion Cove Point LNG terminal approval over leakage concerns.
  • Indemnified
    Amidst federal probe, Horizon Lines protects board members from liability from legal proceedings and investigations.
  • 9% temptation
    UK Club's big coupon hybrid capital deal wins shipowners over to P&I loan.
  • Lower Golar
    Analyst cuts earnings forecast for LNG carrier owner as spot market softens.
  • Oceans of cash
    Anthony Kandylidis-led firm will bag $46m after securing three-year charter for a panamax bulker.
  • TMM expects more
    Mexican tanker owner's shares jump as the company says it expects a 25% second quarter revenue boost.
  • Lehmann saved
    Series of misfortunes come to an end for German ship Lehmann Timber which arrives in Salalah.
  • So close
    Bosses Michael Tartsinis (left) and Antonios Nikolaou of GO Carriers are near to 100% ownership as they take bulker owner private.
  • Start your engines
    Investor group containing city of Hamburg tables 'competitive' bid for Hapag Lloyd as deadline nears.
  • Cash ready
    India's Greatship plans to all but double its offshore orderbook with the help of parent GE Shipping.
  • Bribes arrest
    Former Korean marine minister Kang Moo-Hyun held for allegedly taking owners' cash for favours.
  • Cosco chief quits
    Captain Wei Jia Fu steps down as chairman of Cosco Corp and is replaced by Li Jian Hong.
  • What next?
    Connecticut shipowner Richard du Moulin says Intrepid Shipping is in a 'state of confusion' about the best sector for its next play.
  • Escorts wanted
    Peter Goossens of WFP makes plea for naval assistance for food aid shipments to Somalia.
  • Steady for NCSP
    Operator of Russia's Black Sea port of Novorossiysk says volumes stable during first half.
  • Fredriksen second
    Norwegian magnate eclipsed by Russian billionaire Alexei Mordashov as TUI top dog.
  • Bye bye bourse
    Montanari shareholders offer premium on share price to take Italian tanker owner private.
  • Bridge of sighs
    A mix-up on Cunard's Queen Victoria leads a rush of accident reports from hard-pressed UK investigators.
  • Cochin goes mini
    State-owned shipyard likely to achieve freedom to spend cash offered by "miniratna" status.
  • Mipo scores four
    South Korean shipbuilder secures handysize quartet following $160m contract with a Liberian owner.
  • Tax tonic
    South African government the latest to consider switching to tonnage tax to boost shipping register.
  • Two for Formosa
    Taiwanese owner slates $105m tanker order at South Korea's STX Shipbuilding.
  • Tanker triumph
    Saudi VLCC and chemical carrier player NSCSA sees second quarter profit almost double in strong markets.
  • Going, going...
    Polish government wants offers in for Gydnia and Szczecin shipyards by 5 August.
  • Paris produces
    Greek shipping heir heads to Hollywood to work with actors like Kevin Costner and Cameron Diaz.
  • DP does better
    Dubai ports giant sees first-half volumes rise 21% after growth in India and Middle East.
  • Timber trouble
    Strait Shipping ferry drydocked after hitting log in Cook Strait, New Zealand.
  • Fairstar wins work
    Heavylift specialist to ship offshore modules from Southeast Asia to North Sea.

news on subscription
American Shipperweb site
JULY 21, 2008
  • APL posts strong volume, revenue gains
  • Aker, FLC West transaction cleared
  • TORM ups profit guidance with product tanker sale
  • INTTRA gets new CFO, adds another member carrier
  • Former maritime minister in South Korea arrested on bribery charges
  • Inchcape makes Nigeria appointments
  • Cargolux takes delivery of last B747-400F
  • Shekou-Changsha container line to open Aug. 1
  • GAC finding success early in Kazakhstan
  • Navy logistics division changes commanders in Bahrain
  • Kuehne + Nagel satisfied with 1st half, predicts logistics slowdown
  • Key lawmakers, ports oppose switch of TWIC funds
  • Second Vietnam project for APM Terminals
  • Transnet orders 32 Kalmar RTGs for Cape Town terminal

news on subscription
The Bunker Bulletinweb site
JULY 21, 2008
  • O.W. Bunker announces new recruits for training programme
    International training programme reflects 'importance of bunkering within business'.
  • Russia's Baltic oil product exports mostly up
    Statistics show rise in oil product shipments via two ports, but decline in one port in the region.
  • Global bunker market report
  • MARPOL sulphur testing 'could have far-reaching implications'
    Call to bring commercial test procedures into line with IMO sulphur verification protocol.
  • Singapore investigation 'damaging' industry
    Bunker suppliers 'scale down deliveries' as probe into alleged malpractices continues.
  • Rotterdam market very quiet
  • Singapore bunker prices extend losses
    Bunker prices in Hong Kong also fall for the fourth consecutive day.
  • South Korean prices to ease as SK returns
    Bunker prices are expected to decline to 'levels closer to Singapore', trader says.
  • Flag state system will compromise emissions reduction
    More than a quarter of global tonnage unaccounted for in emissions targets.
  • Cold ironing at German port next month
    Lübeck is Germany's most progressive environmental port project to date.
  • Singapore supplier to expand in Fujairah
    Supplier will bring second bunker tanker to Fujairah.

Logistics Solution Vincenzo Miele

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