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19 April 2018 The on-line newspaper devoted to the world of transports 17:06 GMT+2

free news
The Business Timesweb site
DECEMBER 29, 2008
Shipping News
  • China stimulus good news for bulk liners
    The four trillion yuan (S$844.8 billion) Chinese stimulus package is likely to be a boost for the world's battered bulk shipping companies, but only if they survive long enough for the country's planned infrastructure projects to get rolling.
  • Korea bank to delay Daewoo sale
    Korea Development Bank (KDB) may delay signing a contract for the sale of a controlling stake in Daewoo Shipbuilding & Marine Engineering Co if buyer Hanwha Group provides fundraising details.

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Sched Netweb site
DECEMBER 29, 2008
  • Hutchison pulls out of Thessaloniki deal after winning bid
  • Truckers and dockers threaten to close British Columbia ports
  • Cosco Pacific picks Cosco Holdings CFO He Jiale as executive director
  • Ryder buys Canada-HK Transpacific Container Terminal, CRSA Logistics
  • Port Klang free zone investment up, but occupancy only 18pc
  • India to extend US$2.1 billion to finance ship purchases
  • Geodis signs for IBM global logistics, wins 'world's biggest logistics contract'
  • St Petersburg Greater Seaport extends administrative reach
  • AirBridgeCargo Airlines ups sales 55pc in first 11 months
  • FedEx cutbacks to save US$200 billion in 2009
  • Ecologist seeks voice for African farmers on airfreight emissions

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Exim Indiaweb site
DECEMBER 29, 2008
  • Evergreen launches joint Arabian Express Service with Sea Consortium
  • Banks reluctance to advance funds hits shipping lines
  • Rock bottom freight rates can't continue after Jan., says TSA
  • ABG hopes oil rig business will raise profit by 25 pc in 2008-09
  • $ 25-m Exim Bank aid for Madagascar
  • Truckloads of Pak goods enter J&K
  • Tea exports set to meet target
  • Coffee exports earn 26 pc more in 2008
  • Chinese demand boosts iron ore exports in Nov.
  • Navayuga to build Rs 6,000-cr. deep water port in Orissa
  • Dock workers seek 5-year wage agreement
  • Maruti cars despatched to Mundra Port through rail
  • 51st annual day of KPKS celebrated
  • HMS-affiliated union welcomes new Kandla Port Chairman
  • Centre approves elevated road from Chennai Port to Maduravoyal
  • Gujarat invites cos to develop airport at Dwarka
  • Railways to allow private players to develop tracks
  • Banks not liable to pay interest on export subsidy, rules SC
  • Export target may be missed by 5-10 pc
  • Inflation dips further
  • Sops likely for exports, housing sectors in 2nd stimulus package
  • CCEA grants Rs 350 cr. to provide higher ECGC risk cover to MSME exporters

free news
Maritime Global Netweb site
DECEMBER 24, 2008
  • ExxonMobil to pay $6.1m for spill
  • Japan may send warships to Gulf of Aden
  • ClassNK passes 160m gt mark

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Marine Logweb site
DECEMBER 28, 2008
  • Hebai Two protestors call for boycott
  • KDB gives Hanwha more time on DSME deal

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World Wide Shipperweb site
DECEMBER 26, 2008
  • US Rail freight traffic heads down during week
  • Hanjin Shipping changing US/Med/Middle East/India run
  • NYK vessel captain earns Croatian bravery award
  • Preliminary data shows US steel imports down
  • Two board members leave Horizon Lines Inc.

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Fairplayweb site
DECEMBER 24, 2008
  • Billy closes Oz iron operations
    CYCLONE Billy has intensified to a category-three storm with 165kmh winds, causing Western Australian iron ore ports to suspend operations
  • LA-LB halts Saturday box hauling
    DWINDLING volumes at Long Beach and Los Angeles have led to the suspension of Saturday cargo hauling to and from box terminals
  • Vancouver strike threat looms
    CANADA'S West Coast ports face disruptions in early 2009 if threatened strikes by longshore foremen and truckers proceed
  • Chennai boxes pile up
    CONTAINER traffic to and from the port of Chennai on India's East Coast has come to a standstill in the wake of an "indefinite" strike by truck drivers
  • Beijing to build Taiwan-facing port
    CHINA is to build a major port to face Taiwan in Chaozhou, in the first big scheme seeking to capitalise on cross-strait routes that reopened last week after a half-century of estrangement
  • Varna varnishes turnover 57%
    BULGARIA'S Varna has reported turnover for 2008 that is 57% up on last year and amounts to 50M leva ($35.8M)
  • Polish president to sign yard bill
    POLISH President Lech Kaczynski will be signing a bill today after all to enable workers from the Gdynia and Szczecin yards to claim compensation arising from the sell-off of the facilties

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The Journal of Commerceweb site
DECEMBER 24, 2008
  • New US-Med-India service
  • US investigation hits Chinese export subsidies
  • BBI sells Euro ports stake
  • Truck strike at Chennai
  • HPH drops Greek port bid
  • Ryder in Canada buy
  • Asia air cargo down
  • Kintetsu buys Thai firm
  • Japan, Vietnam in FTA

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Containerisation Internationalweb site
DECEMBER 24, 2008
  • CSCL/Hanjin/K Line and Yang Ming to start RES
  • US seeks WTO consultation on Chinese brands
  • Hanjin and UASC revamp their US/Middle East/India operations
  • OTAL provides seasonal cheer
  • UASC adds another ship to AEC2 service

news on subscription
TradeWindsweb site
DECEMBER 24, 2008
  • CSAV eyes $130m
    Chilean liner operator says it will ask shareholders for more cash after first attempt came up short.
  • Going deeper
    Raspino-led rig and drillship owner Pride International plans spin-off to keep deepwater focus.
  • Sveaas attacks
    Norwegian investor wants boardroom seats to turn around Trico Marine, which "missed the boom" and "lost investor confidence".
  • No to NEMI
    US underwriter pulls out of deal to buy Norwegian marine insurer from troubled Icelandic group.
  • HPH gets Ceres
    NYK sells majority stake in two Amsterdam terminals to Hutchison Port Holdings.
  • More red ink
    Insurer NYMagic reveals another month of losses in its investment portfolio.
  • Dreyfus pounces
    Louis Dreyfus Offshore snaps up nearly a quarter of Fairstar Heavy Transport in $5.48m move.
  • Christmas cash
    Royal Caribbean secures $680m loan for last of Meyer Werft Solstice newbuildings.
  • Red run
    K Line teams up with Hanjin, Yang Ming and China Shipping on new Far East to Red Sea route.
  • UAE to buy Bijela
    Abu Dhabi Ship Building makes only bid for soon to be privatised Montenegro yard.
  • SembCorp settles
    Yard ends year-long dispute with BNP Paribas with $30m payment.
  • ICG back in play
    Joint bid for Irish ferry group expected after takeover panel decides against concert party hearing.
  • Note to Santa
    China Shipbuilding Industry Corporation is looking for $438.79m Christmas bonus with notes issue.
  • Greek deal dead
    Billionaire Li Ka-Shing and partners ditch $4.94bn offer for control of container terminals at Thessaloniki.
  • Singapore slides
    Container volumes through the Lion Republic fall for the first time in seven years.

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American Shipperweb site
DECEMBER 26, 2008
  • UASC, Hanjin replace two suspended services with one
  • NYK names new president
  • Containership charter rates in the doldrums
  • CKYH starts Far East-Red Sea service
  • U.S. vessel tracking system opens next week
  • Judge extends U.S. ballast water deadline
  • FedEx pushes out 777 deliveries
  • AirBridge revenue up 55 percent
  • STB approves CN's EJ&E purchase
  • Ryder completes acquisition of two Canadian logistics firms
  • BIS, minority business team up on export compliance
  • USDA amends meat import rules for U.K.'s Surrey County
  • FMC reviews 23 OTI license applications
  • Charleston seeks to keep Maersk at port
  • PierPASS suspends off-peak shifts on Saturdays
  • N.Y. commission looks at public-private partnerships
  • Andrews heads Europe/Middle East region for ICTSI

news on subscription
The Bunker Bulletinweb site
DECEMBER 26, 2008
  • Biofuel research to 'demonstrate feasibility'
    Project receives funding to help meet EU targets.
  • 2009: 'no fuel supplements' and 'fuel efficient vessels'
    Industry representative predicts future shape of cruise ships.
  • Bunkers end week lower
    Very little activity in the Asian markets but tight avails in Singapore.
  • Supplies resume in Indian ports
    Meanwhile, Adani's new barge has boosted sales in November.
  • Japan goes hybrid to help fishing industry
    Hybrid fishing trawler uses up to a third less fuel than conventional boats.
  • Traders warn of tight avails in January
    Japanese refiners to extend cuts to January.
  • Chimbusco unveils 'management system'
    New system will seek to avoid operational risk and provide buyers with better service.

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