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01 October 2020 The on-line newspaper devoted to the world of transports 21:04 GMT+2

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The Business Timesweb site
JULY 2, 2009
Shipping News
  • More anchored ships hit by pirates
    There were 10 piracy incidents in the region in May, up from seven in the same month last year, the ReCAAP Information Sharing Centre said yesterday in its monthly report for May.

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Sched Netweb site
JULY 2, 2009
  • CSAV/Gold Star to add Dammam on Super Galex, but Hong Kong dropped
  • APL inaugurates first European line at Fuzhou
  • Dongguan trade value down 29.7 per cent in first five months
  • Guangxi plans to become southern China's shipbuilding base
  • Chongqing port capacity to hit 5 million TEU in 3 years
  • China-Europe "smart and safe trade" project in smooth operation
  • St Petersburg suffers January-May volumes loss of 26pc
  • Downturn at Oakland Port may affect regional economy
  • Norfolkline sells some European activities to DSV
  • UK Defence Club's reserves strategy helps meet increased claims
  • First choice for Deutsche Post group's customers
  • Emirates Airline to deploy A380 on Paris route
  • China Southern Airlines partners in 16th Asian Games
  • US General Accountability Office faults small cargo airline safety

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Exim Indiaweb site
JULY 2, 2009
  • Shipping & port projects worth over Rs 3,000 cr. to be awarded
  • NYK Line bags Japan Fed. of Freight Industries' environmental award
  • New Globe & Seko India hold sales conference in Goa
  • SCI to apply BAF on SMILE service from mid-July
  • Opal Asia appointed sub-agent for ZIM, GSL & LNL at Nagpur
  • Arab Force
  • India-Asean trade poised to cross $ 50 bn post-FTA
  • High-level business team to visit Canada next month
  • Leather exporters net more in rupee terms
  • Kallam releases booklet on safety steps for vessels berthing at VCT
  • Rlys earns more from hauling goods
  • Gujarat budget hikes outlay for ports & transport by hefty 48.66 pc
  • Current account shows surplus in Jan.-March '09
  • 7 pc GDP growth possible if nature smiles, says PM's EAC chief
  • Core sector posts just 3 pc growth in May
  • ECBs policy eased to allow even SEZ developers to raise funds overseas
  • 5 pc duty on power transmission kit imports may be waived

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International Transport Journalweb site
JUNE 30, 2009
  • Port of Antwerp: successful trade mission to China to be followed up
    The port of Antwerp (Belgium) recently sent a high-powered delegation headed by port alderman Marc Van Peel and made up of representatives from Antwerp Port Authority, the Customs ...
  • New shipping line from Skandinavienkai to Sweden and Finland
    The Port of L'beck now offers a new sailing from Skandinavienkai, operated by the L'becker Hafen-Gesellschaft (LHG). Power Line, a shipping company owned by the Finnish forwarding ...
  • ESC responds to criticism of its position on Rotterdam Rules
    The European Shippers' Council (ESC) has, in a response to its US counterpart the National Industrial Transportation League, outlined that in spite of some beneficial improvements ...
  • Trans-o-Flex ThermoMed takes over Rhenus Life Sciences
    Trans-o-flex ThermoMed GmbH & Co KG is taking over Rhenus Life Sciences from the Rhenus Group with effect from today (1 July). Both companies specialise in the transport of tempera...
  • Toll Group enters agreement with Chevron
    Toll Group, the Asian region's leading provider of integrated logistics services, has entered into an agreement with Chevron Australia Pty Ltd (Chevron) to manage the Barrow Island...
  • MOL to handle car logistics for Nissan in India
    The Tokyo-based Japanese shipping corporation Mitsui O.S.K. Lines (MOL) recently reported that its auto logistics subsidiary in India has received a contract to handle inland trans...
  • Groundbreaking solar ship arriving today
    The Californian port of Long Beach (USA) is welcoming the first car carrier partly powered by solar energy today (1 July). The vessel is the "Auriga Leader" owned an...
  • Gottwald names Translift Port Equipment Services as new representative for Philippines
    Gottwald Port Technology strengthened its global sales and service network by appointing Translift Port Equipment Services Inc (Translift) as its new local representative in the Ph...

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Maritime Global Netweb site
JULY 1, 2009
  • BDI changes to time charter only
  • Evergreen and Coscon merge southern services
  • Netherlands won't put military guards on ships
  • Seven confirmed dead in Doha tug sinking

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Marine Logweb site
JULY 1, 2009
  • BAE Norfolk gets $11.7 million more for LHD-7 work
  • Oceaneering wins LCAC SLEP
  • Qatar investor is "mystery buyer" of Polish yards

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World Wide Shipperweb site
JULY 1, 2009
  • Terminal association warns of rising tariffs at northwest ports
  • Crowley tugs saving fuel with new electrical scheme in LA
  • Marine products firm executive pleads guilty in conspiracy case
  • Free waterfront harbor cruises scheduled by Port of Everett
  • Seattle Port Commissioners Ok Sea-Tac project restart

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Lloyd's Listweb site
JULY 1, 2009
  • Derivatives default cases set to flood High Court
    DISPUTES represent "tip of iceberg" following dramatic rates collapse in the last quarter of 2008.
  • FFAs threatened by 'regulatory overkill'
  • Golden Ocean-Britbulk deal heading for legal dispute
    A $360m ship sale transaction looks set to slide into a morass of litigation.
  • Demas Victory death toll set to rise
    LOSS to reignite concerns over ability of older safety standby vessels to cope with some weather conditions.

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Fairplayweb site
JULY 1, 2009
  • New BDI meant to tempt traders
    THE BALTIC Exchange has stepped up its derivative trading agenda by dropping voyage rates from its Baltic Dry Index
  • Sweden is EU's Deep Breath
    SWEDEN has today started its six-month presidency of the EU and will take the lead in December's talks on climate change, when ship exhaust will be high on the agenda
  • Seaward official pleads guilty
    SEAWARD'S former CEO has pleaded guilty to price fixing
  • Coast clear for California fuel limit
    A US DISTRICT Court has rejected a last-ditch challenge to California's new rules on fuel sulphur content within 24 n-miles of its coast, which go into effect today
  • Oz says no to Pilbara authority
    WESTERN Australia's government will not proceed with its predecessor's plan to create a single authority for the resources-rich Pilbara region's ports
  • Siem Offshore's raises funds
    NORWAY'S Siem Offshore today said it has raised 900M Kroner ($140.5M) from a large private placement
  • Why China mill shares outperform
    CHINESE iron ore importers still have failed to negotiate a lower price with the big foreign mines or any long-term contract

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The Journal of Commerceweb site
JULY 1, 2009
  • Court Clears California Rule on Ocean Vessel Fuel
  • Solar-Pushed NYK Ship Arrives at Long Beach
  • Colorado Agency Buys Union Pacific Tracks
  • FMC to End Port Operator Exemptions
  • Dutch Reject Marines on Ships
  • RFID Sales Projected Growing 5 Percent
  • Administration Asks $18 Billion for Highways
  • German Stevedore Cuts White Collar Hours
  • Dockworkers Strike in India
  • CSX Cautious on Electrification
  • Cosco, Evergreen Combine Services
  • Amerijet Buys Nations Express
  • AirBridgeCargo Offers New Flight From Milan to Moscow
  • NAFTA Trade Plunge Accelerated in April
  • Lawmaker Proposes Tax on Crude Oil Contracts
  • Cuba's Trade Deficit Rises 65 Percent in 2008
  • Weak Korean Economy Brings Surplus
  • Manufacturing Index Shows Slower Contraction
  • DOT to Pro-Rate Trust Fund Payments
  • Eimskip Yields Operations to Creditors
  • Miami Air Cargo Falls 19.4 Percent

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Containerisation Internationalweb site
JULY 1, 2009
  • Boxship scrapping surge
  • Moody's downgrades US ports outlook
  • UK economy shrinks at record level
  • Zim takes up 12-year hire on newbuild Danaos boxship
  • Cosco Busan: appeals court rejects penalty limitation

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TradeWindsweb site
JULY 1, 2009
  • Danaos waived
    With $908m in new waivers, all of the John Coustas-led containership owner's debt is clear of breaches.
  • Four lost off China
    One rescued but four missing after Chinese vessel damaged in smash with large "Singapore-registered" ship.
  • Golden catch 22
    John Fredriksen's Golden Ocean faces potential legal desputes as delay of newbuildings at Pipavav threatens to allow bankrupt Britannia Bulk to ask for a refund.
  • Cido dozen?
    Market buzz suggests Gulf Navigation buying 10 to 12 medium-range products tankers from Cido.
  • Bulker grounds
    A broken tug line is blamed for the grounding of a Cyrpus-controlled open hatch carrier of Southern Brazil.
  • Sophie sold
    StealthGas confirms exit of 1995-built LPG carrier in $6.5m deal.
  • Golar hunts cash
    John Fredriksen's Golar LNG is negotiating an $80m credit facility as it mulls raising equity.
  • $1bn shipyard
    Russia's state-owned USC to splash big money on new plant near St Petersburg.
  • Pain for Grindrod
    South African shipping giant says first half profit will tumble by up to 60% as it's poked in the eye by beleaguered shipping markets.
  • All star cast
    Thomas Wilhelmsen heads a consortium ready to plough NOK 18.1m into NOK 55m Eidsiva Rederi rights issue.
  • Oceanteam offers
    Series of measures to be taken by troubled offshore owner to plug liquidity black hole.
  • Ferry to rescue
    US ship Intintoli helps pick up 33 people from sinking boat off California.
  • Many feared dead
    Twenty nine missing, five rescued as Dubai-owned AHTS capsizes and sinks off Qatar.
  • Back on?
    Government may try yet again to sell shares in Shipping Corp of India, minister says.
  • $140m for Siem
    Norwegian shipowner secures funds for newbuildings with huge private placement backed by top management.
  • 'Margins to shrink'
    Offshore player Hallin Marine warns of weaker set of first-half results with 2009 to remain tough.
  • About turn?
    North Korean ship suspected of carrying weapons for Myanmar heads back to Chinese coast.
  • Scaling back
    India's Pipavav Shipyard lowers sights for imminent IPO, executive says.
  • Takeover backed
    Cido Shipping remains the most likely candidate as Gulf Nav tanker swoop moves a step closer.
  • New Eimskip
    US investment firm Yucaipa moves in at struggling Icelandic container line as company hands shipping business to creditors.
  • Greece enters fray
    Greek government asks Israel to release aid ship it boarded and detained en route to Gaza.
  • Stowaway dies
    One dead, another captured and three missing after fleeing Cypriot ship at US port.
  • Box merger
    Evergreen, Coscon combine their South America/Africa runs to combat higher bunker prices.
  • RCCL prices
    Royal Caribbean Cruises prices offering, notes will bear interest at a rate of 11.8% per year.
  • Still red
    Iceland's Eimskip announces another big loss as it restructures its business to survive.
  • Delays bring axe
    Another offshore newbuilding bites the dust as GC Rieber unit chops PSV at Batamec.
  • Mystery solved
    It has taken two months, but Poland finally names new owner of Gdynia and Szczecin shipyards
  • New management
    Wilhelmsen takes over control of Indigo Dolphin boxship newbuilding in Germany.
  • DEME seals trio
    Belgian dredger owner ties-up contract to install foundations at three European wind farms.
  • No surprises
    Clarksons says nothing has changed in its operating performance since its May interim statement.

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American Shipperweb site
JULY 1, 2009
  • "K" Line leaves ELAA
  • Lautenberg introduces hazardous cargo bill
  • COSCO, Evergreen combine strings
  • Construction begins on second "Poe" lock
  • Italian LPG train derails, killing 14
  • CSX commits to rail emission reductions
  • U.S. completes annual GSP review
  • Compliance costs hit U.K. transport, warehousing
  • Ceres, Ports America compete for Seagirt
  • Honduras port still open
  • Dutch firm to advise on Hong Kong-Macau link

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The Scandinavian Shipping Gazetteweb site
JULY 2, 2009
  • Exxon to pay Valdez oil spill interest
    Exxon Mobil Corporation will within two days pay USD 470 million in court-ordered interest on the punitive award for the 1989 Exxon Valdez oil spill, international media reports. In
  • 94 container carriers scrapped this year
    94 container carriers, totalling 184,700 TEUs, have been sold for scrapping in the first six months of 2009, according to AXS-Alphaliner, the Paris-based consultancy. The 184,700 TEU volume
  • Another T-class unit to Maersk Supply
    Maersk Supply Service A/S has taken delivery of the Mærsk Transporter, the seventh unit in a series of ten anchor handling supply ships from the Norwegian shipbuilder STX Norway
  • Pål Engebretsen appointed CEO
    Pål Engebretsen has been appointed as CEO of Bergen Group on a permanent basis when the current temporary appointment expires in September 2009. Pål Engebretsen was appointed CEO of Bergen
  • Siem raises NOK 900 million
    Norwegian Siem Offshore has raised NOK 900 million in a private placement directed at professional Norwegian and international investors. Around 105,9 million new shares will be issued in relation to
  • Cruise liner in Baltic hit by swine flu
    Several cases of the swine flu H1N1 were discovered on the cruise liner Emeral Princess when she called at Helsinki last Sunday ' 13 crew members and one passenger were confirmed

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The Bunker Bulletinweb site
JULY 1, 2009
  • European bunker prices slide
    High sulphur product 'very tight' in Rotterdam.
  • US crude stocks fall more than expected
    Speculation that stockpile build is beginning to reverse.
  • California low-sulphur fuel rules come into force
    Vessels operating in Californian waters now required to burn only distillate fuels.
  • 'Soaring' bunker prices force cuts
    Shipping lines combine Far East-South America and Far East-Africa services.
  • 'Significant increase' in chemical contamination
    Lintec says up to 3% of fuels analysed under its chemical screening programme show evidence of chemical waste.
  • Trader looks for floating storage
    Nobel Group 'wants VLCC' to store fuel oil.
  • Challenge to California fuel rules fails
    Federal court upholds low-sulphur fuel regulation for oceangoing ships in Californian waters.
  • External: Global Risk Management
  • Asia bunker prices soft mid-week
    Tokyo Bay prices, however, continue to climb.
  • S Korean trader changes company name
    Former firm ceases due to 'internal reason'; new firm updates all of its contact details.
  • Cosmo Oil halts spot bunker sales in July
    Spot offer suspended on cut in run rates; refiner yet to decide on resumption of spot sales.
  • Weak demand expected to offset tighter supplies in Singapore
    First-half of July could see brief supply tightness despite strong inflow of cargo volumes.

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