 | web site |
| OCTOBER 23, 2008 |
Shipping News
- Financial crisis puts squeeze on Asian shipping market
The ports and shipping lanes of Asia, the arteries of world trade through which goods and commodities surged in boom times, are starting to seize up as the financial crisis strangles demand.
- M'sia calls for limit on Malacca Straits traffic
Malaysia on Tuesday called for putting a limit on vessel traffic volume in the busy Malacca Straits, saying the capacity of the straits was finite.
- Branson tries for sailing record from New York
British billionaire Richard Branson's latest adventure is a family affair.
- Financial crisis taking its toll on Asian shipping
- Shanghai's port cuts 2008 container traffic target by 5%
|
 | web site |
| OCTOBER 23, 2008 |
- APL cuts capacity 25pc, New World trims 20pc from Asia-Europe
- Ningbo-Zhoushan port channel takes first 283,000-tonne ship
- Busan Port seeks greater cooperation with Tianjin logistics firms
- Port of Shanghai introduces dangerous goods 'paperless declaration'
- ICTSI to install energy-saving equipment for 12 RTG cranes
- Emirates Shipping Line assumes Singapore, Malay agency role
- Redevelopment of Gulfport Mississippi faces local protests
- TT Club calls for high wind crane emergency plan review
- UN secretary general backs anti-piracy naval mandate extension
- Qantas flies first A380 flight from Melbourne to Los Angeles
- HK aviation faces headwinds as September volume slides
- Continental posts Q3 loss of US$236 million
|
 | web site |
| OCTOBER 23, 2008 |
- DCI offers to deploy trailer suction dredger near Haldia asap
- LoC finally gets down to business after 60 years!
- 9 lakh tonnes of pulses imported from April till now
- India leads list of nations with most anti-dumping duties
- GPA holds up Port of Savannah as ideal gateway for ex-im trade with Indian Subcontinent
- Port federations decide to boycott BWNC proceedings
- GTI unveils state-of-art Talent Development Centre
- Kerala HC upholds ban on palmolein imports in state
- Liquidity crunch should not snowball into crisis of confidence in global monetary system, warns PM
- UN makes move for more stable global economic order
- Economy in position to weather global storm, assures Minister
- CWC's CFS-Gandhidham proves adept at handling Eurotainers
|
 | web site |
| OCTOBER 22, 2008 |
- DB Schenker: Anderson appointed IT director UK
- BAWC adds Dubai flights to winter schedule
- Ökombi offers extra Spacva-Wels ro-mo
- Kuehne + Nagel reports slower Q3 growth
- Port Management and Logistics, 27-29 October in Portoroz (Slovenia)
- European Inland Terminals Conference opens today
|
 | web site |
| OCTOBER 22, 2008 |
- EC opens 1 month consortia consultation
- Shipping professionals "still in demand"
- Widdows warns of large scale capacity reductions
- ClassNK relaunches fuel guide
|
 | web site |
| OCTOBER 22, 2008 |
- EC to Poland: Shipbuilding plan unacceptable
- Kings Point has new Superintendent
- U.S. West Coast port domination set to end
|
 | web site |
| OCTOBER 22, 2008 |
- Widdows warns worst is yet to come for box trades
NOL boss says liner sector in for a relatively unpleasant 18 months to two years.
- Box carriers to merge struggling services
- CMA CGM sticks to its orderbook
FRENCH group has no plans to cancel 77-vessel order as the bulk of its ships have already been financed.
|
 | web site |
| OCTOBER 22, 2008 |
- Talent needed in shaky liner trades
ALREADY challenging times for liner trades will become much worse without an infusion of fresh talent, NOL's Ron Widdows told Erasmus maritime graduates today in Rotterdam
- Technology priority sparks debate
DEBATE over the value that the IMO places on technology emerged at a lunch organised by the IMIF today
- Suardiaz and Grimaldi sign jv
THE SPANISH Flota Suard'az and the Italian Grimaldi Lines will merge a part of their business into a new joint venture company
- Romania PM backs port rail link
PLANS to link the cities of Constanza, Vienna and Budapest by high speed rail are going ahead, according to the Romanian prime minister Calin Popescu-Tariceanu
- Sunken barge 'had no master'
THE HELMSMAN who steered the tug Mel Oliver and its oil-laden barge into the path of a tanker on 23 July told a hearing that he routinely operated the vessel without a master aboard ' and his employers knew it
|
 | web site |
| OCTOBER 22, 2008 |
- NIT League sides with ATA in truck suit
National Industrial Transportation League sides with truckers seeking injunction against LA-Long Beach concession requirements.
- Don't block clean-trucks program, ports tell FMC
- Net up sharply for China Shipping Development
- C.H. Robinson net climbs
- Maersk changes Scan-Med
- Export ABCs: Notes from National DEC Conference
- Pricing powers NS profit
- Moffatt & Nichol stays as Jasper Port project manager
- CMA CGM, Maruba link up
- Construction underway on FedEx Cologne hub
- Nehru eyes tariff hikes
|
 | web site |
| OCTOBER 22, 2008 |
- World stocks down again as oil price falls below USD70
- CMA CGM/Maruba launch new Europe/ECSA link
- Chinese toymaker for Mattel goes broke
- New container concept for steel coils
- Hapag-Lloyd secures ship buy-back loan
|
 | web site |
| OCTOBER 22, 2008 |
- 'Strong results'
With bulkers tied up on time-charter, Frangou-led Navios Maritime Partners posts profits within expectations.
- Dry leads dive
Offshore and dry-bulk stocks post biggest gains as earnings reports send Wall Street south.
- Tanker view dims
Jefferies analyst cuts third-quarter earnings estimates on US-listed tanker owners.
- London falling
Globus Maritime hit hardest as UK-listed bulker owners see stocks rocked.
- Yard bankrupt
Havyard Solstrand shipyard in takeover talks after filing for bankruptcy.
- Ferry frozen
Shipping parts from Europe has kept a Mexican ferry out of service for nearly a month.
- Back to the future
Cambiaso Risso president Marco Risso (right) and managing director Mauro Iguera (left) are buying the company back a decade after its takeover by Aon.
- Ship stalls off UK
Engine fault and strengthening winds force Russian ship to seek shelter off Scotland under tow.
- Hit again
Hurtigruten reports a small loss after selling off its share of UK freight forwarder to boost liquidity.
- BHP bullish
World's largest mining company believes dry-bulk market will recover as Chinese demand returns.
- Mitsubishi booms
Japanese shipbuilder puts dire first quarter behind it to record much improved sales and profit.
- French connection
CMA CGM adds new weekly service between South America and Europe after NOL scales back.
- Tigers strike
Ship damaged by exploding Tamil Tigers boat as rebels target aid shipments to northern Sri Lanka.
- Fire burns two
Two crewmembers aboard a K Line capesize bulker flown ashore after explosion off Australia.
- Doubled up
French offshore operator Technip secures $100m charter with Petrobras, their second tie-up this year.
|
 | web site |
| OCTOBER 22, 2008 |
- Orders for 9-vessel batches signal slow steaming here to stay
- Malaysian minister: Cap traffic in Malacca Strait
- Hamburg Süd chairman to step down
- U.S.-Vietnam open skies agreement on the cards
- BA Cargo adds third service to Dubai
- CN records record profit increase
- Norfolk Southern reports record earnings
- Greatwide Logistics to be sold through bankruptcy process
- ASEAN, China leaders stress importance of free trade
- CEVA expands contracts in Australia, Spain
- Mitsubishi leases ProLogis DC in Shanghai
- FreightScan partners with Indian company
- Exel names promotes three executives
- ATA arm asks FMC to reject SoCal ports waiver for truck program
- DOT, DOJ ask to join appeal against ports' truck program
- Replacing Bayonne Bridge top N.Y.-N.J. port priority
- Nansha volumes down, a sign of South China slowing
- ILWU blasts $11.7 million settlement
- Los Angeles port to consider bounty on new container services
- Shekou receives first call on Manila-South China service
- Frozen bond market vexes Seattle port authority project
|
 | web site |
| OCTOBER 22, 2008 |
- Russian tanker acts testbed in Arctic research
The classification society ABS will in co-operation with the energy company ConocoPhillips, the ship owner Sovcomflot and the shipyard Samsung Heavy Industries during two years conduct a study measuring the effect of ice loads on tanker performance in the ...
- Steen Bryde fights back
The new management of Nordic Tankers A/S has launched a campaign to the shareholders before the extra general assembly at the end of the month. The chairman of the board, Steen Bryde, has sent a letter stating that the ...
- A further two Hurtigruten vessels can be laid up
The debt-burdened Hurtigruten has still not reached an agreement with the Norwegian Ministry of Communication for refund of domestic duties on fuel and NOX emission. The shipping company announces that a further two vessels will be laid up if ...
|
 | web site |
| OCTOBER 22, 2008 |
- Abrasive fuel samples reported in US port
Three samples show high levels of aluminium and silicon.
- Suppliers 'must improve blending skills'
Industry consultants warn against using poor quality blending stock to meet new sulphur caps.
- 'Apprentice' at wheel in Mississippi barge collision
Hearing reveals towboat's radar 'malfunctioned' after loading.
- Rotterdam market quiet
- Singapore bunker prices at 16-month low
Some traders reluctant to offer as prices continue to weaken.
- Salvors begin work on Liberian duo
Tawe and Fedra run aground and spilt bunkers into the Straits of Gibraltar two weeks ago.
- ICI collapse leaves unpaid bunker bills
Suppliers see increase in late payments, wary of bulk segment as operator files for bankruptcy.
- SPC net profit plunges 99.5%
Slowing demand for refined products hits profits.
- New lubes firm eyes China market
Company aims to extend service outreach to about 700 ports globally by early 2009.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
