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06 April 2020 The on-line newspaper devoted to the world of transports 10:23 GMT+2

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The Business Timesweb site
MARCH 3, 2009
Shipping News
  • Kuehne to up Hapag stake in long term
    Investor Klaus-Michael Kuehne intends to raise his stake in Hapag-Lloyd over the long term, he told Reuters on Friday last week, after agreeing to take a smaller stake in the TUI container shipping unit than planned.
  • TUI to cut debt after Hapag stake sale
    TUI AG said investments in its Hapag-Lloyd shipping line will be scrapped this year, a day after the company renegotiated the sale of the business to a Hamburg-based investment group.

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Sched Netweb site
MARCH 3, 2009
  • OOCL, Hapag-Lloyd suspend Europe-Montreal Route 3 service
  • More containerships to be laid up as downturn deepens
  • Guangxi ports TEU volume increases 35.7pc, setting record high
  • Fujian's January container throughput declined 10.6pc
  • Hong Kong Transport Secretary pitches city's port to Vietnam
  • GS1 Hong Kong holds RFID/EPC live tests in global logistics
  • EU works on pirate sea law as naval patrols reduce threat
  • Farm machinery maker CLAAS extends contract with Kuehne + Nagel
  • DB Schenker expands its Vienna warehouse for US$16 million
  • Paper charts exit as electronic equivalents make debut
  • TIACA honours airline cargo leaders for Hall of Fame
  • FedEx Memphis air hub to strut its stuff March 10
  • FCS Logistics is renamed GreenCarrier Finland by new owner

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Exim Indiaweb site
MARCH 3, 2009
  • Major maritime event on March 17-18
  • IMO talks on combating piracy begin
  • NYK to diversify into forest produce!
  • MAERSK LINE upgrades FEW1 service
  • Asia Express consortium rationalises capacity to Latin American West Coast
  • raise transatlantic freight rates
  • MSC to hike Europe to US, WestMed to US rates from April
  • 4 new super post-Panamax cranes arrive at Port of Savannah
  • Major German shipowner plans to lay up ten 2,500-TEUers
  • Lay-ups increase risk of collision-P&I Club
  • OOCL Logistics awarded Eco-Ship Mark
  • YANG MING LINE places $ 50-m order with ZPMC
  • NYK LINE expects 15 pc capacity cut on its Asia-US trades
  • Qingdao's DP World-APM Terminals-Cosco terminal wins Beijing approval
  • Grande Ghana pays maiden visit to Port of Hamburg
  • Major Ports capacity to rise 3-fold by 11th Plan-end-Baalu
  • CLC plays a hand, calls meet on March 9
  • MMTC takes 26 pc stake in Sical's ore terminal SPV
  • Pennsylvania ports ideal for deliveries to the heart of America
  • Inflation at 14-month low of 3.36 pc
  • Apex chambers pitch for another interest rate cut
  • Onion MEP may remain at $ 320-325
  • New govt arrangement with RBI releases Rs 45K cr. from 'MSS cash account'
  • Q3 GDP growth sinks to 6-year low of 5.3 pc
  • Optimism prevails on Q4 economic front
  • $=Rs 51.55!
  • US ex-im body sends 7-pt revival formula to Obama
  • Awareness programme on IPRs today

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International Transport Journalweb site
MARCH 2, 2009
  • Turkish Airlines starts Eskisehir-Brussels connection
    The Turkish national carrier Turkish Airlines will begin operating twice-weekly flights between Eskisehir (Turkey) and Brussels on 2 March.
  • France to open Paris Orly-Olbia and Catania services France, a subsidiary of Air France and Amsterdam-based, will commence twice-weekly B737 flights from Paris Orly to the Italian cities Olbia an...
  • Air Arabia to launch Sharjah-Athens service
    Air Arabia will launch a thrice-weekly A320 connection between Sharjah (UAE) and Athens (Greece) on 21 April. It is the LCC's first route to the EU.
  • Aeroflot receives 27th A320
    The Russian carrier Aeroflot has received its 27th A320, bringing its A320 family fleet to 49. The aircraft is on lease from GECAS and seats 140.
  • Canada and Costa Rica sign expanded air services agreement
    Canada and Costa Rica have signed an expanded air services agreement allowing carriers to operate their own aircraft or codeshare flights between any pair of cities.
  • Dragon Aviation Leasing takes delivery of first of 13 A320s
    Dragon Aviation Leasing has received its first of 13 A320s on order. The aircraft, leased to Air France, is the Beijing-based lessor's first directly purchased Airbus typ...
  • Maximus Air Cargo doubles annual turnover
    The Abu Dhabi (UAE)-based all-cargo carrier Maximus Air Cargo doubled its annual turnover, from USD 47.3 million in 2007 to USD 110.8 million in 2008. Freight tonne kilometres...

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Maritime Global Netweb site
MARCH 2, 2009
  • Russia admits to oil spill
  • Chinese warship foils pirate attack
  • "Positive results" from Ulstein
  • Maersk restructures Broström

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World Wide Shipperweb site
MARCH 2, 2009
  • First day of TWIC use takes place without a snag
  • Truck tonnage index posts gains during January
  • Point Defiance ferry run will continue with smaller vessel
  • MarAd holding millions in small shipyard grants
  • Carriers agree to suspend Montreal to Europe service

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Lloyd's Listweb site
MARCH 2, 2009
  • BBI in talks to offload all or part of PD Ports
    STRUGGLING Australian infrastructure investor has "received a number of unsolicited approaches."
  • Britanny Ferries joins bid for SeaFrance
    BRITTANY Ferries joins compatriot Louis Dreyfus, in move to take over ailing Dover Strait ferry operator.

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Fairplayweb site
MARCH 2, 2009
  • Shipping stocks hit new nadir
    A large number of shipping shares fell to fresh 52-week lows on Monday amidst a widespread rout on Wall Street
  • Mystery veils Russian gas summit
    A VEIL OF secrecy is today drawn over a Moscow summit between Russia's independent gas producers and Gazprom, the government-run sector goliath
  • Pemex losses climb 254%
    MEXICO'S financial and energy crisis has taken a turn for the worse as Pemex announced $8.3Bn in losses for 4Q08 ' 254% more than the previous year's fourth-quarter losses
  • US flag plagues OSG
    OSG HAS suffered a $79.5M loss in its fourth quarter because of severe problems in its US-flag division
  • Golden Ocean deal unravels
    GOLDEN Ocean slipped further into difficulties today as the charterer of Panamaxes has received a notice of early termination of a bulker deal
  • 45 migrants drown off Yemen
    SCORES OF Somali migrants have reportedly drowned when their boat capsized trying to reach the coast of Yemen
  • Barcelona docker jobs spared
    STEVEDORE companies and dockers at Barcelona port today reached an agreement over a new rotatation system for stevedores that will save more than 1,000 docker jobs

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The Journal of Commerceweb site
MARCH 2, 2009
  • PC Shipments to Plummet 11.9 Percent
  • Zim CEO Resigns
  • CMA CGM Hikes Rates
  • Coast Guard to Hold Public Meeting
  • Panama Canal Asks for Dredging Bids
  • Schenker, BAX Global Complete Integration

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Containerisation Internationalweb site
MARCH 2, 2009
  • Stocks still falling; spooked by HSBC
  • Matson expands US/China link
  • Hapag and OOCL suspend SLCS route
  • RCL slumps into the red but detects a 'pick up'
  • Zim's Goder quits over 'differences'

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TradeWindsweb site
MARCH 2, 2009
  • Eagle profits slide
    New York bulker owner sees 43.9% drop in fourth-quarter earnings but meets Wall Street forecasts.
  • US stocks fall
    Shipping shares launch into a steep descent Monday as broader markets are shaken over banking concerns.
  • Sveaas' gloves off
    Christen Sveaas' Kistefos preps nomination of two to Trico Marine Services board after complaints remain unresolved.
  • Armada go ahead?
    Insolvent charterer jumps the gun with claim that restructuring plan has received 'go ahead.'
  • FFAs for fun
    TradeWinds Web TV takes you to Imarex's freight forward agreement (FFA) trading competition in Stamford.
  • US-flag fuels loss
    Tanker owner OSG America joins parent in posting fourth-quarter loss as US-flag tanker outlook looks grim.
  • Huge loss for Gard
    Investment crash set to cost top insurance group more than 30% of free reserve.
  • Acciona cuts back
    Spanish ro-ro and ferry operator says it has put seven vessels up for sale after profits fell.
  • Bender bother
    OSG in talks to cancel eight tug-barges and tugs at US yard, as it records big 2008 profit.
  • Fab five
    Russian shipyards including Krasnoye Sormovo and Sevmash to receive export credit hand-outs from the state.
  • Charter chopped
    John Fredriksen's Golden Ocean will pursue legal action after panamax contract is canned at a cost of $41,350 per day in profit.
  • LSC in the red
    Lithuanian general cargoship owner posts 2008 loss as ship impairment charges hit bottom line.
  • Less but larger
    Axel Eitzen's Camillo Eitzen says six-ship order at Sasaki will be cut back but surviving vessels are likely to be upgraded.
  • Pac Basin drops
    One-off costs erode higher sales to send annual profit down at Richard Hext-led bulker owner.
  • Floods hit mines
    Rio Tinto iron ore mines hit by tropical storm in Western Australia but Port Hedland opens.
  • CPC back
    Key Kazakh crude pipeline restarts exports to Russian Black Sea terminal after leak last week.
  • Goodwill bad
    Joseph Compofelice's Trico hit by $172.8m impairment charge as 2008 result turns red.
  • Goder quits Zim
    A fallout with the Ofers over how to tackle the global slump leads to departure of Zim president and CEO.
  • Nepline dives
    Annual loss all but inevitable after fourth quarter failed to return any sales at Malaysian owner.
  • Burned in blast
    Two Filipino crew airlifted to hospital after blast on Wagenborg cargoship off Denmark.
  • Sick at sea
    Over 100 passengers and crew of Holland America Line cruiseships fall ill with norovirus.
  • Fire and ice
    Engine room blaze leaves Dutch cargoship temporarily adrift in freezing Gulf of Finland.
  • A longer arm
    Danish ship supplier Wrist reaches into Med market with acquisition of France's EAFM Sarl.
  • Swissco profits up
    A bigger fleet plus higher charter rates drive five-fold increase in profits at Singapore offshore player.
  • Venture sold
    Thoresen Thai offloads second elderly bulker in as many weeks, with ship sold to joint venture.
  • JES sinks to loss
    Higher production costs push Chinese shipbuilding group to a CNY44m loss in fourth quarter.
  • Friends again?
    AMSC and OSG call off arbitration action over products tanker charter deals, rewriting terms.
  • Swiber suffers
    Shares in Singapore-listed offshore company down nearly 20% after it reports fourth quarter loss.
  • Star double
    Norwegian owner buying two reefers it has chartered in since their delivery in 1998.
  • Samudera surges
    Re-jig of services helps lift Indonesian liner operator to near 30% jump in full year profits.

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American Shipperweb site
MARCH 2, 2009
  • Drewry: Rates could cost lines $68 billion in '09
  • Current idled fleet only the beginning
  • OOCL executive sees 4-year recovery timetable
  • Benjamin named ICAO secretary general
  • U.S. grant to support new Mexico airport
  • CHAMP, OAG combine on air freight rate tool
  • Trucking index climbs
  • Export reforms sought to keep U.S. "running faster"
  • Republicans defend against pro-union legislation
  • Ahern takes CBP helm
  • Pacific Coast port assessments could soar
  • Mobile proceeds with port ICTF
  • Yantian starts intermodal shuttle to Dongguan

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The Scandinavian Shipping Gazetteweb site
MARCH 2, 2009
  • Lillbacka plans new ro-ro service
    The Finnish Lillbacka group of companies is planning to open a new ro-ro service between Turku, Oxelösund and Travemünde. The company owns two ro-ro vessels of the Korean
  • Last container vessel named at Odense
    Odense Steel Shipyard has named its last container vessel for the foreseeable future. After an earlier decision to stop building large container vessels, the hull no. 216, now named Mathilde
  • Ulstein ' best result in a decade
    In 2008 the Ulstein Group reports its best result in a decade. The operating revenues reached NOK 3.21 billion, compared to NOK 1.97 billion in 2007. Operating profit
  • Norway sends a frigate to Somalia
    The Norwegian government has decided to contribute to the seabased EU anti-piracy operation off Somalia, by deploying the frigate KNM Fridtjof Nansen up to six months from August. In

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The Bunker Bulletinweb site
MARCH 2, 2009
  • Europe: Bunker markets dip
    Some ports see double-digit falls.
  • Players say Fujairah 'set to grow'
    Work begins on four new docks as port gears up to handle 1.8 million barrels of crude oil a day.
  • Bunker demand is falling, say Asian players
    Singapore's February bunker sales are likely to show a 'sharp decline.
  • Asia: Bunker prices resume their slide
    Bunker prices in key ports drop following a fall in crude oil prices.
  • New staff at Bunker Holding
  • Singapore-listed liner profits up in 2008
    Samudera's net profit up despite incurring higher costs partly caused by higher bunker prices in 2008.
  • Brightoil posts huge rise in profit, revenue
    Bunkering expected to contribute 'an increasingly significant portion' of revenues in coming years.
  • New bunkering service off West Africa
    9,000 dwt tanker deployed offshore Congo, North Angola.

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