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25 November 2017 The on-line newspaper devoted to the world of transports 06:49 GMT+1

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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

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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.

news on subscription
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.

CONTRANS ABB Marine Solutions Evergreen Line
Est Europea Servizi Terminalistici
Salerno Container Terminal
Consorzio ZAI    

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