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02 June 2020 The on-line newspaper devoted to the world of transports 10:21 GMT+2

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The Business Timesweb site
NOVEMBER 3, 2009
Shipping News
  • Somali pirates attack Norwegian warship
    A Norwegian warship inspecting fishing boats off the coast of Somalia for suspected pirate activity was caught in heavy gunfire in the early hours of Sunday, a European Union naval commander said.
  • Evergreen posts 4th straight quarterly loss
    Evergreen Marine Corp, Asia's biggest container-shipping line, posted a fourth consecutive quarterly loss as slumping world trade and overcapacity cut freight rates.
  • Hyundai gets US$1.4b contract from Daewoo
    Daewoo International Corp, which is leading a group developing a natural gas field off Myanmar's coast, awarded a US$1.4 billion contract to Hyundai Heavy Industries Co to build facilities.
  • 'USS New York' gets welcome
  • Body of water off Pacific NW gets new name

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Sched Netweb site
NOVEMBER 3, 2009
  • Hanjin Shipping restores Transatlantic rates
  • Fesco receives US$51 million government loan guarantees
  • Sino-US trade produce accords, easing pork and windfarm imports
  • US quarterly GDP up 3.5pc in September, first increase since Q2 2008
  • Hamburg Sud boosts calls at ICTSI's Syrian terminal
  • TNT opens the Penang International Gateway in Malaysia
  • DHL commences weekly Hong Kong-Paranagua LCL service
  • Matson profit drops 23pc in third quarter to US$24.2 million
  • K+N to provide Valeo Service European milk run pickups from suppliers
  • British Airways fined US$4.1 million for air cargo price-fixing
  • FedEx Trade Networks opens 10 new offices, plus one rep. office in Asia
  • Continental flies from Houston to Frankfurt, Washington, Edmonton
  • Australia to allow air cargo security inspection earlier in supply chain

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Exim Indiaweb site
NOVEMBER 3, 2009
  • EVERGREEN LINE & CSAV NORASIA to exchange slots in Far East-Mediterranean-Black Sea
  • MAERSK LINE extends Asia-Europe AE10 service directly to Gdansk
  • OOCL to raise transatlantic freight rates
  • ...brings dedicated feeder service to Umm Qasr
  • ...increases Europe-Asia rate $ 100/TEU from November 1
  • pact with South Carolina State Ports Authority
  • Senior management appointments
  • DP World Jeddah takes 15 super-super post-Panamax cranes
  • Chinese APM TERMINALS beats safety records company-wide
  • ...announces Board changes
  • GAC Shipping's agency network widens to Bangladesh
  • NYK Line's competence management system first in Asia to be certified
  • Hanjin shareholders approve bifurcation
  • APL launches third intra-Asia route to Vietnam
  • MSC hikes Asia-Europe rate by $ 200/TEU from Dec. 15
  • CMA CGM hikes northbound Atlantic rate by $ 200/TEU
  • Changes in cabotage law seen imperative to encourage coastal shipping
  • Shipping industry keeps fingers crossed as Copenhagen Protocol date nears
  • SCI announces ISE service rate hike
  • SCI pays final 2008-09 dividend to govt
  • Outstanding Partner in Supply Chain Excellence award conferred on DAMCO
  • New trade treaty with Nepal to cut taxes on exports
  • More sugar may be imported duty-free
  • Egypt offers India industrial zone along Suez Canal
  • Poland offers coal mining expertise
  • US asks India to slash tariffs on industrial goods
  • Sarma pays farewell visit to JNPT before superannuation
  • MPSEZ zips past all Major Ports in performance, posts impressive PAT earnings in Q2 & H1
  • Gangavaram port sets new coal discharge record
  • Emirates SkyCargo lands major Formula 1 car deal
  • Infrastructure: Growth slips to 4 pc in September
  • Export declines shrinking!
  • 10 SEZ promoters want to withdraw
  • Economy getting on to high growth trajectory, says Pranab
  • India ranks 4th in CSR disclosure ladder
  • Fieo to hold meet on Nov. 4
  • MoU inked with Sweden Agency for Green Tech
  • Asian economy has recovered faster-IMF
  • 'Mega Industrial Trade Fair' next month
  • India Inc getting set for hiring, offering thick pay packets-survey

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International Transport Journalweb site
OCTOBER 30, 2009
  • Downturn hits Austria's intermodal traffic
    Intermodal transport in Austria has been hard hit by the economic crisis. Operators lack sufficient volumes and have been forced to pare down or eliminate some services. But A...
  • Etihad flying to Japan in 2010
    Etihad Airways, the national airline of the United Arab Emirates (UAE), will launch its first services to Japan in 2010. Nagoya will be served via Beijing, with effect from 1 Febru...
  • Airbus delivers first A380 to European owner
    Air France has become the first European airline to receive an Airbus A380. The jumbo aircraft, which was recently delivered to the French carrier, will mainly operate a route in t...
  • Kuehne + Nagel selected by Valeo Service
    Kuehne + Nagel, the giant logistics service provider based in Schindellegi (Switzerland), has been selected by Valeo Service, the aftermarket branch of the global automotive group,...
  • Geodis Wilson takes up residence in Houston
    Geodis Wilson, a global freight management company, has established US headquarters for its specialist industrial projects division in Houston TX. The move brings Geodis close...
  • TNT opens new gateway in Malaysia
    The Amsterdam (NL)-based postal corporation TNT has opened its new TNT Penang international gateway in Malaysia. The platform is located at Kompleks Kargo Kedua next to Penang airp...
  • Frankfurt Hahn airport reports massive decline in freight volumes
    Frankfurt Hahn airport (Germany) reported a marked decrease in freight volumes in the first nine months of the current year. The airport handled a total of around 118.440...
  • Air China and Cathay Pacific to set up China's biggest cargo JV
    Air China and Hong Kong's largest carrier, Cathay Pacific Airways, plan to set up what will be the country's biggest cargo joint venture (JV) in Shanghai, the Shanghai Daily r...
  • The Arkas fleet welcomes its 27th vessel - the "Bernard A"
    Arkas, one of the leading companies in the Turkish marine transportation sector, has increased the number of its Turkish-flagged vessels to 27. The firm recently welcomed...
  • NOL announces Q3/2009 financial results
    The global container shipping, terminals and logistics group Neptune Orient Lines (NOL), based in Singapore, recently reported a Q3/2009 net loss of USD 139 million, compared ...
  • Swiss continues to post black-ink results
    Swiss International Air Lines achieved an operating profit of CHF 113 million for the first nine months of 2009 (compared to a CHF 373 million operating profit for the same period ...
  • NYK Line halves fleet expansion programme
    Nippon Yusen Kabushiki Kaisha (NYK Line), Japan's largest shipping firm by sales, has halved its fleet expansion plans and simultaneously raised its loss forecast. The Tokyo-based ...

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Maritime Global Netweb site
NOVEMBER 2, 2009
  • Somali pirates now hold 8 ships
  • Precious set for spending spree ' but not just yet
  • NOL "well positioned" for downturn
  • Maersk's direct FE - Gdansk calls

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Marine Logweb site
NOVEMBER 2, 2009
  • IRS to probe foreign-flag OCS operations
  • Future USS New York arrives in NYC

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World Wide Shipperweb site
NOVEMBER 2, 2009
  • Port of Portland completes PDX runway construction phase
  • Crowley repowering program means cleaner air for Los Angeles
  • MAERSK ALABAMA Captain plans to publicly thank rescuers
  • Panama Canal Authority releases 2009 operational metrics
  • OOCL plans series of freight rate increases

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Lloyd's Listweb site
NOVEMBER 2, 2009
  • OSG loan cheaper than bond
    Morten Arntzen says loan makes it stronger than its rivals.
  • Precious buys handysize bulker for $22m
    PRECIOUS Shipping has snapped up a four-year old handysize bulker, less than a week after saying they were biding their time for secondhand purchases.
  • Globus still in talks over vessels sale
    Successful sale will leave Globus Maritime with just two ships in its fleet.

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Fairplayweb site
NOVEMBER 2, 2009
  • OSG suffers dramatic plunge
    OVERSEAS Shipholding Group today revealed a $217M downward swing in its bottom line, as spot rates nosedived ' in some cases into negative territory
  • Ship blamed for PR blast
    A lawsuit has been filed against the owner and manager of the product tanker Cape Bruny in the wake of a three-day inferno at a Puerto Rico tank farm
  • Key GEBAB figures quit
    KG HOUSE GEBAB today lost two of its longstanding board members amid growing financial pressures on several of its ship companies
  • Piraeus strike erupts again
    PIRAEUS dockworkers today announced another 48-hour strike, to begin at midnight
  • Talks to free Ariana continue
    PIRATES are still negotiating over releasing the bulker Ariana and its 24 crew, the ship's operator told Fairplay today
  • Kremlin sacks agency CEO
    SHIPYARD sources in St Petersburg were flummoxed today by a reported firing at Russia's government-aid agency for struggling yards

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The Journal of Commerceweb site
NOVEMBER 2, 2009
  • Industrial Price Index Hits High for Year
  • Diesel Climbs Less Than a Penny
  • MSC Revises Golden Gate loop to Include Norfolk
  • Panalpina Launches Rate Hub on GT Nexus
  • YRC Worldwide Seeks $500 Million Debt-Stock Swap
  • Manufacturing Expands in October
  • Shipment Index Falls 4.7 Percent
  • 'Financial Tsunami' Puts Evergreen in the Red
  • IRS Reverses FedEx Ground Ruling
  • MSC to Raise Trans-Atlantic Import Rates Twice
  • TNT Profit Shrinks 12.4 Percent
  • Fewer Box Ships Take Reefer Business
  • Maersk Hikes Asia-Mideast Rates
  • Profit Slips Steeply for Danish Trucker DSV
  • Maersk to Launch East Med-Central Europe Loop
  • Hanjin Hikes Trans-Atlantic Rates
  • YRC Worldwide Promotes Wicks to President
  • SCI Profit Plunges 88 Percent
  • Chicago Rail Program Awards $10 Million Contract
  • Panama Transits, Tonnage Drop
  • Zim Rescue Vote Postponed
  • Evergreen Hikes U.S. Export Rates

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Containerisation Internationalweb site
NOVEMBER 2, 2009
  • ATA warns on US climate change legislation
  • Shipping faces big CO2 bill from Copenhagen
  • Zim shareholder vote delayed
  • MSC Shenzhen clean-up begins
  • Somali pirates hold British yacht couple on PIL boxship

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TradeWindsweb site
NOVEMBER 2, 2009
  • I am a thief!
    Yuri Privalov admits to stealing from Sovcomflot long before co-defendants came on the scene.
  • Spill spurs lawsuit
    Fishermen and a seafood company waste no time in filing $10m lawsuit against owner, manager and Heidmar after Dubai Star spill.
  • Suit fingers ship
    Tanker owner and manager face lawsuit linking unloading to massive Puerto Rico tank farm fire.
  • Pair upgraded
    Maxim Group analyst puts "buy" tag on shares of tanker owners General Maritime and Knightsbridge.
  • Cloak and dagger
    Private detective hidden in a milk float hears gardener tell of Yuri Privalov's assassination fears.
  • US ship attacked
    Pirates fire on Sealift Inc bulker off Somalia but narrowly fail to capture the vessel.
  • Red but ahead
    Third quarter loss at Morten Arntzen's OSG not as severe as analysts feared.
  • Cal less used
    Owen Kratz-led offshore player Cal Dive International sees utilisation drop 15 percentage points as it gears up for a slower fourth quarter.
  • Wan Hai low
    Taiwanese container line slumps to big loss in first three quarters as revenue slides.
  • Jo scraps again
    Bergen-based owner sells 27-year-old tanker for scrap in India in $6.47m deal, it is claimed.
  • Deficit grows
    Taiwanese container line Yang Ming increases nine-month losses to $328m as revenues shrink.
  • Dynagas beaten
    Greek owner loses out to Exmar, Mitsui OSK Lines and ConocoPhillips controlled vessel in race for StatoilHydro charter.
  • Lay-ups double
    Siem PSV idled along with Nor Supply Offshore vessel as North Sea lay-up total reaches four.
  • Srab suffering
    Swedish tanker owner posts bigger nine-month loss as costs rise.
  • Losses continue
    Croatian bulker owner Atlantska Plovidba still in the red, but third quarter fortunes improve.
  • Tight squeeze
    Royal Caribbean's huge new Oasis of the Seas passes under Denmark's Great Belt Bridge with less than metre to spare.
  • Trio detained
    Hong Kong held three ships during September, including Falcon Shipping bulker.
  • SAL order cut
    Bergen Group says a MOU for offshore newbuilding has expired without a contract materialising.
  • Neste falls
    Finnish oil and tanker group says freight rates 65% down in third quarter.
  • Evergreen stung
    Chang Yung-Fa-led boxship owner takes nine month loss to $224m after worse than expected reversal in the third quarter.
  • Mississippi mess
    Pacific Carriers cargoship spills 12,000 gallons of oil near mouth of US river.
  • Two dead
    Suspected pirates killed in gun battle with Norwegian warship, Somali officials claim.
  • Iran ship stuck
    IRISL multi-purpose vessel runs into trouble at the estuary of China's Yangtze River.
  • Looking up
    Japanese shipbuilder IHI says operating profit will increase more than 300% over three years.
  • MES motors
    Japanese shipbuilder Mitsui Engineering sees massive year-on-year jump in interim profits.
  • Shinwa upbeat
    Japanese coastal bulker operator bucks downgrade trend with increase in interim and full-year profits.
  • Sanoyas slides
    Japanese shipbuilder expects interim results to fall short of earlier forecasts, but predicts improved full-year profits.
  • Seadrill rig burns
    Fire breaks out on jack-up drilling unit owned by John Fredriksen company off north west Australia.

news on subscription
American Shipperweb site
NOVEMBER 2, 2009
  • Evergreen announces rate hikes
  • Hanjin Shipping to raise transatlantic rates
  • Tropical reports volume, rate declines
  • DASH7 sees "tipping point" for RFID tags
  • China reports manufacturing growth
  • China plans container freight derivatives
  • NYK, Yusen Air & Sea look to integrate
  • Construction starts on Vietnam port complex

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 2, 2009
  • 2,000 ships to the breakers next year
    Up to 2,000 vessels could be setting out on their final voyages next year, Henning Gramman, head of ship recycling at Germanisher Lloyd's, told a conference in London recently, according
  • Pilotage monopoly in new pilotage legislation
    The Finnish Government has approved the contents of the bill on a change in the pilotage act, which has been drawn up by the Ministry of Transport & Communications, One of
  • Cruise ferries as hotels during the COP-15 summit
    Two cruise ferries have been chartered to provide floating hotel accommodation during the upcoming COP-15 summit in Copenhagen. The first to arrive will be the Queen of Scandinavia, which

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The Bunker Bulletinweb site
NOVEMBER 2, 2009
  • Prices weakening in Europe
    Suppliers in Rotterdam 'tight'.
  • Renewed calls for bunker fuel ban
    Protective booms set out prior to fuel transfer will allow for a more rapid response, says FOE.
  • Middle East prices fall
    Weakening numbers following last week's crude drop.
  • Russian fuel oil output falls
    Refineries cut their crude oil throughput.
  • US Coast Guard defends its spill response
    Environmental groups question time it took to deploy containment booms.
  • Saudi fuel oil exports likely to fall
    Hydrocracking units coming back on stream.
  • Bunker markets weaken in Asia hubs
    Demand reported to be 'mixed'.
  • Executive Director leaves Brightoil
    One of six executive directors leaves company from November 1, 2009.
  • Sinobunker gets Dalian bonded storage licence
    Aims to start physical supply operations at the port in 2010.
  • More delays for Zim
    Meeting to approve recovery plan will continue on Tuesday.
  • More delays for Zim
    Meeting to approve recovery plan will continue on Tuesday.
  • ExxonMobil Q3 profit sees sharp decline
    Profit slumps on lower oil prices and weak margins.
  • Bunkerworld launches three new price indices
    Individual bunker grade indices supplementing BWI with same global outlook.
  • China shelves bonded licensing
    Beijing adopting a 'cautious approach' to licensing new applicants.

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