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18 February 2020 The on-line newspaper devoted to the world of transports 01:04 GMT+1

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The Business Timesweb site
JULY 28, 2008
Shipping News
  • Japan shipping lines lift H1 outlook
    Japanese shipping lines Nippon Yusen KK and Mitsui OSK Lines booked solid gains in quarterly profits on strong demand for bulk shipping of commodities, with Mitsui lifting its full year forecast by 7 per cent.
  • California rule calls for ships to use cleaner fuels
    Ships off California's coast will be required to use cleaner- burning fuel to limit diesel exhaust under new regulations adopted by the state air board.

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Sched Netweb site
JULY 28, 2008
  • MOL box shipping inches ahead, but can't beat rocketing fuel costs
  • NYK profit up 54pc, but the credit goes to bulk carriers
  • Hutchison consortium outbids Cosco for Greek box terminal
  • New CSCL-Maersk CMIX service calls at Shekou CT
  • Fesco acquires 50pc of Vladivostok Container Terminal
  • Georgia Ports Authority opens office in Ho Chi Minh City
  • Sri Lanka's Dilan Trailer Manufacturing to export container trailers
  • Super-charged electrical plant makes Maersk's latest 18 new containership special
  • Hong Kong government approves Cathay Pacific fuel surcharges
  • Forwarders call for revamped cargo screening
  • FedEx flies dinosaur fossils from Pittsburgh to Tokyo show

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Exim Indiaweb site
JULY 28, 2008
  • Shipping bodies seek early release of Indians held in Korea
  • OOCL's Global Data Centre receives ISO 27001 certification
  • Cabinet panel clears way for SCI to acquire 4 Panamax bulk carriers
  • Bhatia Shipping opens Gandhidham office to handle Kandla & Mundra operations
  • MPSEZ makes grand entry into 'C-40 World Ports' with green footprint
  • DP World reaffirms commitment to Bangalore's ex-im trade
  • Jindal group in talks to set up deep-sea port in Bhadrak, Orissa
  • G. J. Rao takes charge as TPT Chairman
  • Upbeat GDL reports good all-round growth in Q1
  • Fieo chief anticipating hike in CRR, repo rates

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International Transport Journalweb site
JULY 28, 2008
  • Etihad Crystal Cargo expands Asia-Pacific team
  • 80th anniversary of Maersk Line
  • Etihad to launch flights to Kazakhstan
  • Polzug expands rail terminal in Wroclaw
  • Kuehne + Nagel in Greece
  • 2008 Fiata World Congress, Vancouver (Canada), 23-26 September

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Maritime Global Netweb site
JULY 25, 2008
  • Eight feared dead after tanker blast
  • Mississippi closure extended
  • California sets tough emissions rules
  • CMB profit down

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Marine Logweb site
JULY 27, 2008
  • USCG opens two post-spill decontamination sites

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World Wide Shipperweb site
JULY 25, 2008
  • Tital Salvage removing last NEW CARISSA wreckage
  • ACP taps Willis Limited as expansion insurance advisor
  • Northrop Grumman wins navigation package contract
  • Corps set to dredge Columbia River mouth
  • Rail freight count sees up/down week

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Lloyd's Listweb site
JULY 25, 2008
  • US west coast labour contract 'very close'
    AGREEMENT on new labour contract covering 26,000 dockworkers could be signed as soon as this weekend.
  • Progress in US west coast labour talks

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Fairplayweb site
JULY 25, 2008
  • Cost of Mississippi spill mounts
    THE CLOSURE of nearly 100 n-miles of the lower Mississippi River because of a huge oil spill is costing the five Louisiana ports upwards of $275M a day
  • Eight killed in blast on LPG ship
    EIGHT people were killed and four injured in an explosion and fire on a gas carrier under repair in Greece, the Greek shipping ministry said today
  • First suit filed in Mississippi spill
    THE FIRST of many lawsuits expected in the Mississippi River oil spill was filed today
  • Yard steel costs seen rocketing
    STEELMAKERS expect a huge increase in raw material costs in the coming year, Fairplay 24 has learned

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The Journal of Commerceweb site
JULY 25, 2008
  • UPDATE: ILWU upbeat, PMA irked
    Employers criticize dockworkers' expanding slowdown even as the union says a contract is "within reach."
  • Environmentalists plan to intervene in clean-trucks lawsuit
  • CARB presses on with emissions rules
  • Lower Mississippi River reopens to limited traffic
  • TWIC enrollments top 400,000
  • Obituary: Rick Rude, Jones Act lawyer, 59
  • Matson profit falls 4 percent
  • Onetime charge hits BNSF profit
  • Japanese lines post mixed results
  • Former LA harbor commissioner convicted
  • TWIC comes to Long Island

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Containerisation Internationalweb site
JULY 25, 2008
  • Has the oil bubble burst?
    Just two weeks ago (July 11) the price of crude oil soared to another record of USD147 per barrel. Speculators ' ably assisted by Opec ministers' refusal to talk down the price ' were in charge of the lunatic asylum and the world's economies suffered. But now with the price having come of that frightening peak by more than USD20 per barrel, does this mean long overdue good news for the beleaguered global transport industry?
  • Lower Mississippi blocked after collision
  • 25/07/2008 North America Services
  • A tough Q1 for Japanese big three in box market
  • Prince Rupert H2 volumes up 11%
  • Seatrade mops up EWL
  • Global chain reliability project launched

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TradeWindsweb site
JULY 25, 2008
  • Captain in custody
    Master detained following deadly blaze on Greek-operated tanker.
  • Death toll rises
    Greek gas ship blaze claims another two victims taking the total number of fatalities to eight.
  • Water works
    Liquidity rises as plan to ship glacial water in bulk starts to come on-stream and a hedge fund goes with the flow.
  • It's quotes time
    An Israeli has a thirst for some yards while Subic Bay defends its casualty count.
  • More, more, more
    Jinhui's lust for newbuildings continues with $50m supramax order in Japan.
  • Greek gifts
    Sri Lanka's state Ceylon Shipping teaming with Pyrros Vardinoyannis on shipowning and bunkers.
  • Surcharge cleared
    Canadian authorities okay BC Ferries' fare add-on to combat rising bunker bills.
  • Greek tragedy
    Gas tanker explodes: six killed and two still missing.
  • Talk ain't cheap
    Elders said to be negotiating release of Stella Maris will need "reimbursement" from ransom money.
  • CSC profit up
    Chinese tanker, bulker owner Changjiang Shipping Corp pushes up earnings by 83% in first half.
  • Child porn found
    Two Filipino crew of Greek tanker charged over alleged porn find at Canadian port.
  • Go-slow spreads
    "Coffee-break" action by west coast dockers spills over into Oakland as contract talks stretch four weeks past deadline.
  • PGS posts record
    But president Jon Erik Reinhardsen says the figures did not match expectations.
  • Viking raid
    Clipper doubles holding in Eitzen Chemical with potential $37m swoop for the owner's stock.
  • Bulker boost
    Japan's number two owner MOL pushes up first quarter profit on back of dry cargo boom, while tankers decline.
  • Sulpicio scrutiny
    Philippines president Arroyo orders immediate re-inspection of owner's ferries in wake of Princess of the Stars sinking.
  • NYK surges
    Chinese coal and iron ore imports fuel soaring first-quarter profit at Japanese owner.
  • Fesco runs ro-ro
    Russian owner starting new link from Vladivostok to Hamada in Japan.
  • DCI to build
    Dredging Corp of India in talks to found shipbuilding venture with BEML.
  • K Line hobbled
    Japanese giant hamstrung by higher fuel costs in first quarter despite better freight rates in most sectors.
  • FSL ups divi
    Singapore shipping trust sees profits dip 9%, but shareholders set for higher payout.
  • Citi cuts RCCL
    Investment bank reduces estimates and target price for cruise company on fuel concerns.
  • Mosvold inks rigs
    Norwegian shipping group opts for pair of jack-up drilling units at Sharjah yard.
  • FSO first
    Cosco Shipyard Group completes first floating, storage and offloading (FSO) unit.

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American Shipperweb site
JULY 25, 2008
  • "K" Line first quarter revenue up, but profit down as oil costs mount
  • NASSCO begins construction of tanker
  • Byrd enters 7th Fleet
  • YRC swings back to modest profit
  • Lower Mississippi River traffic remains halted
  • Plan to divert diesel exports to domestic market mooted in India
  • Survey finds growing interest in "green" transport
  • SEKO expands at New York's JFK
  • Rude, advocate for domestic shippers, dead
  • ILA professes support for ILWU
  • New York studies how to cope with cargo growth

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The Bunker Bulletinweb site
JULY 25, 2008
  • Crude leads Houston bunkers down
    US Gulf port defying firming trend seen in other major ports.
  • Limited ship traffic on Mississippi
    Coast Guard allowing some movement as clean up extends to 100-mile stretch.
  • Yard ready to deliver more bunker tankers
    Newbuilds under construction could be fitted as bunker tankers 'if there is sufficient market interest'.
  • Shipping company blames bunker prices for fall in earnings
    Horizon Lines says further sharp increases in bunker prices will 'pressure' financial performance.
  • August fuel oil inflows remain low
    Singapore-based traders predict 'tight' Asian fuel oil market.
  • Global bunker market report
  • New marine lubes service on Kerch roads
    Barge offering bulk lube supply as well as marine fuels.
  • Refiner sees fuel oil prices as 'weak'
    SK Energy says cracking margins have been at an historic high.
  • Rotterdam bunker market firming
  • Singapore, Hong Kong markets end the week firm
    Bunker prices in Singapore rose on Friday, after falling $51.50 in two days.
  • Fitch stays positive on Sri Lanka's John Keells
    But warns of higher risk if bunkering business no longer a key contributor to cashflow.
  • K Line's profit down on high bunker costs
    Higher freight rates unable to absorb surging bunker costs, company says.
  • Rolls-Royce selling more efficient engines
    Soaring fuel costs and environmental pressures driving the trend.
  • New Sri Lankan firm gets bunkering licence
    Firm is JV between Sri Lankan carrier and Greek shipping company.

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