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| JULY 1, 2009 |
Shipping News
- Arab anti-piracy force proposed
Arab states of the Gulf and Red Sea said on Monday that they are planning a joint anti-piracy force, insisting defence of the crucial Red Sea waterway was the 'primary responsibility' of littoral states.
Strait Talk
- Bad times call for better ship safety checks
THE International Maritime Organization (IMO) has once again urged carriers not to compromise on ship safety as a way to deal with the current downturn.
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| JULY 1, 2009 |
- Evergreen combines Far East South Africa and South American services
- Ax-wielding masked militants invade Marseilles port chief's office
- Kazahkstan's STL makes Hong Kong and Riga connected hubs
- ILWU wildcat in Seattle starts to back radio operator strike
- Wilhelmsen Ship Management selects DB Schenker
- TNT's subsidiary opens largest road hub in central China
- Charleston to receive US$12 million for dredging, maintenance
- China Postal Airlines launches all-cargo service at Jinan
- Congresswoman demands TSA ensure mandated levels of LAX cargo screening
- Qantas chooses Aero Cargo to extend market share in France
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| JULY 1, 2009 |
- South-East CEO Conclave & Awards 2009 event to be hosted in Chennai
- LIC hikes stake in Bharati Shipyard to 9.66 pc
- Home come the sailors after 500 days in Korean custody
- OOCL wins Best Liner Owner/Operator Award at Seatrade Asia function
- Piracy occupies top place in agenda of Middle East Workboats conference
- 60 pc of 3PLs at Atlanta convention say business is better
- Baltic Dry Index posts steepest fall since April
- Pigs & pork import curbs upset US & EU
- Onion MEP unchanged for July
- India's share 1pc, China's 10 pc of world market
- Wärtsilä India to operate & maintain dry dock facility at Paradip Port
- Mundra Port's latest facility for car carriers installed by Lift & Shift India with precision
- Ban on Chinese goods impacting air cargo traffic
- Handicrafts sector seeks legitimate benefits in separate stimulus package
- Two Ministries at odds on grain exports
- Finance Panel chief wants Rlys, construction & housing brought under GST regime
- DEA bats for service tax & VAT exemption
- IMC approves of Nilekani's induction in govt
- Montek to address investors today
- Interactive meeting with DGFT R. S. Gujral tomorrow
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| JUNE 29, 2009 |
- Port of Marseille's head office under attack
Yesterday morning (29 June), more than 40 men, a large number of whom were masked and carrying iron bars or axes, attacked the offices of Marseille's port authority. The port's dir...
- Rhenus building logistics centre for John Deere
Rhenus AG, one of Europe's leading service providers, is having a new logistics centre built in Mannheim (Germany). It is destined for the use of John Deere (JD), the world's large...
- SDV International Logistics creates SDV Pakistan
SDV International Logistics has teamed up with the Worldwide Logistics Ltd Group, which is involved in various transport-related activities (air freight, airline representatio...
- New standard for damage incurred to vehicles during transportation
AIAG and ECG (European Car Transport Interest Group) recently rolled out a new global standard to report damage incurred to vehicles during the transportation process. Collabo...
- Correction
The French transport and logistics group Norbert Dentressangle is to sell its 15.1% stake in Novatrans, not Novotrans, as was mistakenly reported here yesterday.
- Ashland Inc agrees to sell its marine services business
Ashland Inc has signed a definitive agreement to sell its global marine services business, known for many years as Drew Marine, to J. F. Lehman & Co, in a transaction valued at app...
- Northern expansion of port of Brake opens for business
The "Medum", belonging to the Leer (Germany)-based shipping line Briese, recently called at the northern expansion of the port of Brake (Germany), marking the launch of o...
- Qantas cancels Dreamliner order
The Australian carrier Qantas has announced the cancellation of an order for 15 B787 planes. It is also delaying the delivery of another 15 until 2010-2013. Qantas initially p...
- Ivo Romani is new financial director of Ceva Brasil
Ceva Logistics has hired Ivo Romani as the new administrative and financial director of Ceva Brazil. Before his arrival, this position was held by John Durgan, who will n...
- Slovak airline in trouble
The Slovakian carrier SkyEurope Airlines has obtained the local equivalent of Chapter 11 protection and continues to fly. Listed on the Vienna stock exchange, the company...
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| JUNE 30, 2009 |
- Shipping confidence steady, concern over newbuildings
- 'Cosco Busan' fine limit turned down
- Exxon will pay damages' interest
- TOP pays off bareboat charters
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| JUNE 30, 2009 |
- Harvey Gulf plans $200 million fleet expansion
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| JUNE 30, 2009 |
- Cosco hits out at dominance of iron ore giants
GLOBAL dominance of Vale, BHP Billiton and Rio Tinto "could be very harmful to the industry".
- China ore demand ties up one fifth of capesize fleet
- Questions raised over sustainability of dry bulk rally
FREIGHT rates recovery likened to "a condemned man on death row who has had a quite unexpected reprieve".
- Belgium refuses request to arm Belgian ship
COUNTRY turns down request from vessel transiting Gulf of Aden as it was sailing under foreign flag.
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| JUNE 30, 2009 |
- US energy groups to merge
TEPPCO and Enterprise Product Partners have decided to merge, which would consolidate their significant US-based terminal, storage and tank-barge assets
- Singapore takes over terminal
SINGAPORE'S government has taken over development and ownership of the country's first LNG import terminal
- Germany's BLG cuts staff hours
GERMANY'S BLG Logistics will reportedly make further cuts to staff hours at ro-ro terminals due to a drop in shipments
- Top axes 4 bareboat charters
TOP SHIPS has terminated its four remaining bareboat charters and will pay a termination fee of $11.75M
- Top faces 'going concern' issue
THE ANNUAL filing from Top Ships includes new disclosures on lender pressures and questions on whether the company can maintain 'going concern' status
- Poland, Qatar sign LNG deal
POLAND and Qatar have signed a contract for the delivery of LNG to the new terminal in the northwest Polish port of Swinoujscie
- Liberian vessels face stricter law
A CHANGE in Liberian law, which it adopted to instil confidence in lenders and investors, makes it easier for ships to be arrested
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| JUNE 30, 2009 |
- Two Bidders to Seek Partnership at Port of Baltimore
- Logistics Scam Lands Man in Slammer
- Port of LA on Track to Deepen Channel
- Appeals Court Clears Way for Cosco Busan Trial
- Lawmaker Urges Heavy Users to Pay for Infrastructure
- Moody's Downgrades U.S. Ports
- Danaos Takes Delivery of 41st Containership
- DHL to Add 10 Hubs in China
- UPS Extends Logistics Contract with Ford
- Intermarine Delivers Wind Blades
- Port Nehru to Order Cranes
- Consumer Confidence Weakens in June
- Aries Maritime Completes Sale of Container Vessel
- European Shippers Adamant Against Rotterdam Rules
- KCS Greens Up More Locomotives
- Train Derails in Italy, Kills 14
- Owners Scrap 94 Ships in First Half
- Diesel Drops Back to $2.608
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| JUNE 30, 2009 |
- ATA truck index up in May
- Altamira TP takes delivery of new cranes
- Rotterdam Rules: ESC still not convinced
- Violence erupts in Marseilles port reform dispute
- DAL includes Marseilles in South Africa run
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| JUNE 30, 2009 |
- Power of three
Analyst lifts OceanFreight's profit estimates after owner buys a capesize and says it has the ability to buy three more.
- Siem gets busy
Norwegian shipowner unveils NOK 1bn private placement as it snares former Solstad AHTS hull.
- Globus sells
George Karageorgiou-led bulker owner books $4.2m loss from the sale of the handymax Gulf Globe.
- Barger rating hit
Morgan Keegan downgrades American Commercial Lines to 'market perform' as barge market weakens.
- Down but not out
Hamburg shipbrokers mull panamax containership index to augment struggling ConTex.
- SKS Trinity saves
OBO plucks 10 refugees out of the waters off Spain, although one does not survive.
- $21m for Keppel
Singapore-based shipyard group Keppel Marine & Offshore to upgrade and repair three semi-submersible rigs.
- Cido sells four
South Korean owner offloads four boxships, including two unemployed vessels, in $80m deal, brokers say
- K-Line pair sold
Cyprus Maritime of Greece picks up two boxships from Japanese giant in $15m swoop, brokers say.
- DP World cut
Port giant one of three government-owned businesses to have rating sliced by Standard & Poor's.
- Seismic failure
Scan Geophysical pushed to bankruptcy by newbuilding delays and slumping market.
- Bye bye BW
Singapore-owned BW Gas leaving Oslo exchange on Tuesday as Sohmen-Pao family takes it private.
- Mission switch
Italian vessel fighting pirates off Somalia diverted to scene of Yemeni air crash off Comoros.
- Thai team
Raymond Goh's Swiber links up with CUEL in Bangkok-based shipowning joint venture.
- No excuses
Green shipping group EGCSA urges no delays to new cleaner bunker regulations.
- Near misses
Canadian government reports five close shaves for BC Ferries ships last year.
- Big deficit
Vietnam's Shinpetrol expecting sizeable loss in first half after merger with sister state-owned firms.
- Tankers top
Buyers in Bangladesh and India willing to pay $300 per ldt for the right demolition tonnage.
- Confidence boost
Shipping Industry in more upbeat mood this quarter, but still less than half are banking on a rise in dry-cargo rates this year, survey says.
- TOP terminates
Evangelos Pistiolis-led tanker and bulker owner has handed back four handymax tankers.
- First gear
Japanese giant MOL gets toehold in Indian car export market with Nissan deal.
- Chennai: 'Yes'
Indian port to allow controversial Sri Lanka aid ship to discharge cargo destined for Tamils.
- Workers walk
More than 600 staff at Bulgaria's Rousse Shipyard strike over unpaid wages.
- Kite rescue
Crew member airlifted to hospital by USCG from Eagle Bulk ship in Gulf of Mexico.
- Interesting
ExxonMobil to pay interest of $470m on $507.5m fine for Exxon Valdez oil spill.
- Ports lowered
Moody's has changed its outlook for US ports to 'negative' due to the global economic slowdown.
- LD dumps Dieppe
French ferry line scraps new run from Dover due to lack of demand.
- Laker grounds
No damage reported as John D Leitch gets stuck in Welland Canal after thruster fails.
- Aries offloads
US-listed shipowner Aries Maritime Transport has disposed of its containership Ocean Hope.
- Rowan resumes
US drilling company resumes work on rig newbuilding that was suspended due two credit woes.
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| JUNE 30, 2009 |
- '09 scrapped capacity nears 185,000 TEUs
- Piracy will increase costs, insurers say
- Advisory firm starts maritime indices
- DHL opens Shanghai hub
- U.S. seeks to move Colombia trade relations forward
- USDA weighs shipping changes for citrus canker areas
- OfficeMax, FedEx team up on shipping service
- Northwest ports raise tonnage, labor tariffs
- Australian maritime official implicated in drug ring
- Ga. ports re-elects Green chairman
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| JUNE 30, 2009 |
- Shipping confidence slightly up
Overall confidence levels in the shipping industry have shown a slight improvement over the past three months ' up from 5.4 in the previous survey in February to 5.5
- Scan Geophysical files for bankruptcy
The Norwegian seismic company Scan Geophysical has filed for bankruptcy after its financial restructuring failed. The parties concerned negotiated for several weeks but the negotiations came to a deadlock as
- Dof cancels ROV vessel
The subsea service specialist Dof Subsea has cancelled one of three ROV vessels (Remote Operated Vehicle) under construction at Tebma Shipyard, India. The vessel's price tag is USD 45'50
- Rolls-Royce invests in Odim
Rolls-Royce has bought 33 per cent of the shares in the technology company Odim from Aker Solutions ASA for approximately NOK 700 million. The agreement is conditional on the
- Sovcomflot and Shell in LNG alliance
Shell and Russian Sovcomflot has signed a General Cooperation Agreement ' the two companies will cooperate in potential LNG shipping projects in Russia, including the Arctic region. The agreement includes, among
- Oslo district court decides in favour of shipowners
Last Friday, the district court in Oslo found that BW Gas and Farstad Shipping were right when they claimed that the transition rule in the new system of taxation for
- New Coast Guard vessel to Göteborg on 7 July
The Swedish Coast Guard's new combination vessel KBV1 Poseidon will call at Göteborg on 7 July. At present, the vessel is in Rotterdam for some supplementary work. The vessel was
- Last unit in Karelia series launched
On 26 June, Onega Shipbuilding Yard launched the last vessel in a series ordered by White Sea and Onega Shipping Company. The twelfth vessel in the Karelia series was named
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| JUNE 30, 2009 |
- Bunker prices rebound in Europe
Crude oil showing losses on early trading.
- Bunker player included in new maritime index
Series of stock market maritime indices launched by US-based Capital Link.
- Product change at Dammam
Straight run fuel oil will be replaced by cracked fuel oil.
- Coastal traffic 'should switch to LNG'
European research institute says liquid natural gas is becoming a viable alternative to conventional bunker fuel.
- EGCSA slams INTERTANKO's call for delay of EU sulphur caps
Scrubber association says there are 'no excuses' for postponing EU's 2010 0.1% sulphur limit.
- Terminal to be linked to new jetties
Chemoil gives more details of its Fujairah storage joint venture.
- Bunkers surge on crude oil gains
Singapore, Hong Kong prices highest since mid-October.
- Chemoil moves into Mumbai, Chennai
Sees potential for India to sell about 23-24 million mt of bunkers per year by 2011-2012.
- IEA forecasts lower oil demand growth
Oil consumption will fall this year, the fastest decline since the early 1980s.
- Sri Lanka bunker prices close gap with Singapore
Sri Lankan supplier targets growth as bunker prices become more competitive.
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