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20 May 2018 The on-line newspaper devoted to the world of transports 17:31 GMT+2

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The Business Timesweb site
OCTOBER 1, 2009
Shipping News
  • Hyundai Heavy stock falls 9.6%
    Hyundai Heavy Industries Co, the world's largest shipyard, tumbled the most in eight months in Seoul trading after CMA CGM said it may cancel vessel orders as part of attempts to avoid collapse.
  • Neftech, SSC team up to market fuel-saving technology
    Neftech yesterday sealed an exclusive marketing deal with Singapore Shipping Corporation (SSC) to push its fuel-saving technology to 10 selected shipping lines.

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Sched Netweb site
OCTOBER 1, 2009
  • China Shipping raises rates, levies surcharges on most lanes
  • Cheerful ELAA, wary ESC welcome EU block exemption ruling
  • International bankers committee to address CMA CGM problems
  • Owners of Hapag-Lloyd to provide US$2.7 billion bailout
  • DB Schenker, Russia's TransContainer to set up Riga box hub
  • Belgium's Jan de Nul to dredge Atlantic side of Panama Canal
  • Maersk lauds CSX rail service from NY-Philly to Canadian points
  • Chongqing airport offers first cargo service to Europe
  • India's budget Deccan airline pioneer switches to cargo
  • UK increases identity checks on drivers of 'known' air cargo

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Exim Indiaweb site
OCTOBER 1, 2009
  • SCI to implement $ 150/TEU rate restoration from October 10
  • EU extends current block exemption regulation period for liner shipping conferences by 5 years
  • ...may pump for 10-20 pc cut in shipping, aviation emissions
  • Goa Shipyard to go hi-tech
  • CMA CGM, in accord with global banks, setting up panel to address financial needs, ensure ongoing growth
  • Amet University signs mous with KMU & NIMASA
  • 5 pc more boxships may be idled
  • Kuehne+Nagel endorses INTTRA's eInvoice Platform
  • Spices losing flavour overseas
  • Tirupur units set to thread synthetic fibres
  • Surge in excise duty collections lends credence to recovery story
  • Economy is now growing, believes PM
  • Centre toes states' line, may opt for dual GST regime
  • States put up fresh roadblocks
  • Aggreko enters India with 1st depot in Pune
  • India, EU to share expertise
  • IMF to monitor macro-economic policies of each country
  • G20 must find political will to conclude Doha Round-ICC

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International Transport Journalweb site
SEPTEMBER 29, 2009
  • EU looking for aviation CO2 cuts
    The European Union is looking for aviation to cut its carbon emissions to 10% below 2005 levels over the next ten years. The EU is expected to propose this measure as well as a 20%...
  • CMA CGM worried about finances
    The French shipping group CMA-CGM has announced that it will establish a steering committee that is dedicated to finding measures to guarantee the group's financial requirements, s...
  • Intership Navigation and Athena Marine receive quality award
    The Cyprus-based shipowning companies Intership Navigation (ISN) and Athena Marine have received the "GL Excellence - 5 Stars" certificate from the German classification society Ge...
  • MOL establishes company to operate container terminal in Vietnam
    The Tokyo (Japan)-based shipping company Mitsui O.S.K. Line has received approval from the government of Vietnam to establish a new joint terminal operation company that will ...
  • TNT increasing express capacities between Europe and Asia
    TNT is enhancing its service capacity between China and Europe with the addition of a new dedicated B747-400ER freighter. Non-stop flights will operate between Hong Kong and TNT's ...
  • JAL offers free transportation to support relief efforts in Philippines
    Japan Airlines (JAL) has extended its condolences to those affected by typhoon Ketsana that recently hit the Philippines. The Japanese airline will provide free transport of relief...
  • Air Cargo Germany granted permit to fly to China
    The Hahn-based German airline ACG Air Cargo Germany, which entered the market two months ago, has received a permit to operate scheduled flights to Hong Kong and Shanghai ...

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Maritime Global Netweb site
SEPTEMBER 30, 2009
  • Owners split over CO2 reduction plans
  • Confidence "returning"
  • KG rescue plan
  • MOL in Vietnam terminal JV
  • Nordic American to stop using riding gangs

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World Wide Shipperweb site
SEPTEMBER 30, 2009
  • Peninsula Plywood Group leases Port Angeles mill site
  • New fare scheme coming online for Washington State Ferries
  • Mitsui nets approval for Vietnam terminal management
  • Panama Canal taps contractor for Atlantic entrance dredge work
  • Tom Crowley Jr. receives National Transportation Award

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Lloyd's Listweb site
SEPTEMBER 30, 2009
  • Crew face criminal case after Full City grounding
    TWO seafarers waiting to hear if they will be forced to stay in Norway until a court trial next year.
  • Korean yards hit by CMA CGM cancellations
    SHIPYARDS reel as line says it is seeking to cancel newbuildings and delay deliveries.

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Fairplayweb site
SEPTEMBER 30, 2009
  • Berlin delays Hapag decision
    GERMANY'S parliamentary budget committee startled shareholders of Hapag-Lloyd today by postponing a decision on a loan guarantee from the government
  • Second tsunami alert cancelled
    TSUNAMI warnings were cancelled today in the Pacific despite two huge ' but widely separated ' earthquakes and their aftershocks
  • DNV does business with China
    NORWAY'S class society DNV has signed a deal with the Chinese, hailing it as the start of a close relationship
  • Paragon concludes equity sale
    PARAGON Shipping today completed its most recent 'controlled equity offering', raising $41.1M to fund future vessel acquisitions
  • Odim wins money-spinning deal
    NORWAY'S offshore equipment company Odim has won a tidy £25M contract to build a rig in the North Sea
  • OMG police ruled 'illegal'
    A SIX-HOUR police raid on the offices of Oslo Marine Group in Russia was illegal, a St Petersburg court has ruled

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The Journal of Commerceweb site
SEPTEMBER 30, 2009
  • Longshore Delegates OK Contract Extension
  • Union Ratifies Canadian Pacific Contract
  • Polembros Shipping to Pay $2.7 Million Fine
  • Navistar Rolls Out Electric Delivery Truck
  • MOL Gets OK for Vietnam Terminal Venture
  • Evergreen Hikes Europe to Mediterranean Rates
  • DOT Opens Distracted Driving Conference
  • Second Quarter GDP Declined 0.7 Percent
  • Colombia Trade Pact Unlikely This Year
  • NAFTA Trade Falls for 10th Month
  • Air France, KLM Integrate US Operations
  • Longshore Workers Seek New Contract
  • Long Beach Beats Clean-Trucks Target
  • Danaos Takes 42nd Boxship
  • German Parliament Delays Hapag-Lloyd Decision
  • Euroports Parent BBI Rejects Refinancing

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Containerisation Internationalweb site
SEPTEMBER 30, 2009
  • IMO's credibility challenged
  • ICC applauds G20 summit but Doha limbo disappoints
  • CSAV off analysts' credit watch
  • New Hong Kong service opens gateway for central and eastern Europe
  • New terminal approved at Cai Mep, Vietnam

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TradeWindsweb site
SEPTEMBER 30, 2009
  • 'Wait and see'
    Transpetro awaiting decision from Petrobras over three products tankers being negotiated with Maua Shipyard.
  • Turn probed
    US Coast Guard exploring why the Chemical Supplier turned where it did before a collision in the Houston Ship Channel.
  • Polembros guilty
    Greek shipowner agrees to pay $2.7m fine and not to call on US ports for three years.
  • Target nudged
    Bernstein Research ups Arison-led Carnival Corp price target by 6% as 2010 looks brighter for cruiseship sector.
  • Cash flow
    Michael Bodouroglou's Paragon pockets another $41m from ATM offering to take recent haul past $80m.
  • Hapag delay
    Loss-making container line's vital bid for state loan guarantees branded 'opaque' by budget committee.
  • Last refuge?
    Who's still booking single-skinned VLCCs? India and Thailand, according to broker Poten.
  • Heaven sent
    Nikolas Tsakos-led owner pulls suezmax tanker Archangel from the struggling spot market as it ties up two new term deals.
  • Firm sues 'hacker'
    Wallem Shipmanagement accuses head of US marine consultancy of breaking into managing director's email account.
  • Expecting less
    Lazard Capital slices earnings estimates for Gerry Wang-led boxship owner Seaspan.
  • DFDS axes more
    Danish owner announces 27 lay-offs at HQ, its third jobs cull this month.
  • Two down?
    Dire PSV spot rates ready to claim second North Sea lay-up victim, brokers say.
  • Navibulgar ahead
    Bulgarian owner's first annual report since privatisation reveals stronger 2008 profit due to first-half boom.
  • Zuiderdamned
    Carnival ship curses second medical evacuation in three days as passenger suffers stroke off US.
  • Tanker torment
    Singapore player Yujin International posts weaker first-half profit as crew costs and drydocking expenses rise.
  • No more dumps
    Canada's BC Ferries investing cash to pump treated sewage on shore, ending dumping at sea.
  • Seoul spooked
    South Korean shipyard shares crash as looming newbuilding cull by Jacques Saade's CMA CGM has investors running for cover.
  • Pirate moon party
    Onset of Full Harvest Moon has anti-piracy watchdog howling for ships off Somalia to beware.
  • Suez suffers
    Egyptian canal sees revenue fall 7.2% in year to end-June, with cargo volumes and transits lower.
  • Start your engines
    Clever scrapping, controlled fleet growth and rising vehicle sales to spur car carrier marker recovery, analyst says.
  • Approval expected
    Regulatory clearance for Bharati and ABG shipyards' offers for Great Offshore coming soon, bosses believe.
  • STX eyes Daewoo
    Korean shipbuilder and shipowner drops Hyundai Corp bid and eyes trader Daewoo International.
  • Ferry fight
    Two US shipyards vying for passengership contract from Port of Kingston.
  • Ore deal dead
    Missed deadline on $6bn financing package shreds Fortescue's iron ore agreement with Chinese mill.
  • Conrad inks ferry
    US-listed shipbuilder to construct ferry for North Carolina Department of Transportation.
  • Unifeeder grows
    Danish short-sea operator is upgrading its services to Rotterdam, St Petersburg and Antwerp.
  • Krystallon sold
    UK equipment manufacturer Hamworthy acquires fuel-cleansing company from Kittiwake.
  • Cargoship burns
    Norwegian cargoship suffers fire in Haugsfjord, while MSC containership hits quay at Antwerp.
  • Kogas refinances
    Korea Gas Corp arranges project financing for a trio of LNG carriers operating under long-term COAs.

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American Shipperweb site
SEPTEMBER 30, 2009
  • ESC praises liner regulation extension
  • Hong Kong ship owners fume over emission plans
  • Ship maintenance, manifest problems on the rise
  • Trade Symposium goes virtual
  • Miami "committed" to port tunnel
  • Houston approves new port director
  • Panama awards Atlantic entrance contract

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The Scandinavian Shipping Gazetteweb site
OCTOBER 1, 2009
  • Estonia wants to be more attractive to shipping companies
    Two parallel Estonian reports concerning Estonia's new shipping police have now been presented. The reports look at how the legislation can be developed and what is needed to persuade shipping
  • Arctic Sea on her way to the Mediterranean
    The Arctic Sea is on her way to the Mediterranean, assisted by the Russian warship Ladny. Solchart Management, which is responsible for the technical and commercial management of the Arctic

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The Bunker Bulletinweb site
SEPTEMBER 30, 2009
    Bunker prices lack direction in Europe
    Gibraltar still congested.
  • US crude oil inventories rise
    Year-on-year demand continues to increase.
  • 'Delay' in state aid for container line
    German parliamentary budget committee wants 'more consultation'.
  • Bunker prices firming in Fujairah
    Bunker hub reports good avails.
  • Confidence growing in shipping markets
    But industry survey shows players still see struggle with tonnage surplus.
  • Trawler opts for towing kite
    Wind propulsion system 'will cut bunker consumption and reduce emissions'.
  • Markets lack direction on Wednesday
    Supplies of 180 cSt bunker fuel tighten in Singapore and Hong Kong.
  • Krystallon sold
    Scrubber technology provider acquired for $1.5 million up front, further payments due based on performance.
  • Neftech steps up marketing of 'fuel efficient' system
    Grants Singapore Shipping Corporation exclusive marketing rights to 10 selected shipping lines.
  • Itochu consolidates Chemoil shares
    Chemoil's majority stakeholder still in talks to sell shares.
  • Industry leaders gather ahead of UNFCCC
    Players meet government and environmental organisations at Sustainable Shipping conference.
  • CMA CGM to restructure debt by November
    Committee of banks to ensure the company's 'ongoing development'.
  • Bunker spill off Savannah
    Ship's fuel tank ruptured by its own anchor.
  • Oil tanker grounded in Mississippi
    Singapore-flagged tanker carrying 2.2 million litres of crude oil.
  • Call for 'accurate' emissions data
    Industry awaits regulatory lead on GHG emissions.
  • Fuel availability debate continues
    Industry faced with 'mixed and confusing signals,'says EPA.

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