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01 June 2020 The on-line newspaper devoted to the world of transports 03:38 GMT+2

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The Business Timesweb site
NOVEMBER 4, 2009
Strait Talk
  • Ferries under pressure
    LOOKING at the report just sent to me of Interferry's recent 34th annual conference in Istanbul I regret that I was not able to attend it, or indeed that I have never been to one of the association's events.
Shipping Times
  • 'K' Line confident of continued growth
    'K' Line's presence in Singapore started as a ship agency in 1973, after being represented by NOL Agency. Since then, it has also expanded into warehousing and logistics functions.

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Sched Netweb site
NOVEMBER 4, 2009
  • Maersk hikes Asia-Mideast rate US$100/TEU from November 15
  • Grand Alliance, Zim to fold one FE-US east coast loop into another
  • Decline in China trade volume narrows in September
  • Hard-hit Evergreen losses grow from quarter to quarter
  • Shekou Container Terminal welcomes new AMC1 service
  • Vietnam starts building Van Phong container port
  • CMA CGM to call at India's west coast Pipavav port
  • Russian Rail, Refservice ships 22th reefer train from Far East
  • Panama Canal box transits slide 5.1pc in FY2009
  • Qingdao shipping summit to focus on 'terrifying' downturn
  • Taiwan's China Airlines, Eva losses narrow over 9 month
  • Korean Air adds Seoul-Hanoi 747-400 freighter flights
  • Ireland's GSSA IAM takes on Air Asia X from KL to Chengdu
  • Lufthansa sees green shoot growth crushed by steep price declines

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Exim Indiaweb site
NOVEMBER 4, 2009
  • HCL again executes a challenging project with finesse
  • ABG Shipyard net rises by 75.84 pc in Q2
  • Samudera appoints Capt. Shakti Menon as MD for Middle East
  • Great Offshore posts PAT of Rs 45.66 cr. in July-September
  • Sustained recovery in liner biz demands higher volumes & major freight rate hikes, says APL chief
  • ESPLL reports smaller net in July-September
  • Goltens opens state-of-art workshop in Navi Mumbai
  • Ryckman wants India among US' Top 10 trading partners
  • Acetone imports from Japan, Thailand come under DGAD scrutiny
  • New norms for road projects soon-Nath
  • Hasti Petro Chemical & Shipping opens sprawling 'Thar Dry Port' near Ahmedabad
  • Cotton position comfortable-CAI
  • Lanka invites Indian investments

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International Transport Journalweb site
NOVEMBER 2, 2009
  • Swiss Post boosts profit by nearly 12%
    Switzerland's mail service provider Swiss Post generated a group profit of CHF 553 million for the first nine months of 2009. This is an increase of around 11.5% compared with the ...
  • Karl Gross certified as authorised economic operator
    The Bremen-based German enterprise Karl Gross Internationale Spedition GmbH was awarded the status of authorised economic operator (AEO), with effect from 2 November. The full AEO ...
  • Clipper Logistics wins new contract in UK
    The UK-based retail logistics service provider Clipper Logistics has become the logistics partner of the fashion brand Nicholas Deakins, headquartered in Leeds (UK). The fashion br...
  • Kögel has a new owner
    Kögel ' Europe's third-largest trailer manufacturer ' has a new owner. Only three months after the company was forced to file for bankruptcy, insolvency administrator Arndt Geiwitz...
  • RFG welcomes first temperature-controlled wagons from Spain
    The UK's Rail Freight Group (RFG) has congratulated Stobart and DB Schenker on the successful arrival of the first temperature-controlled train from Spain (30 October 2009). T...
  • Switzerland tightens airfreight security laws
    Switzerland's federal department of the environment, transport, energy and communications (Uvek) recently tightened its airfreight security laws. The move is intended to ...
  • Jade Cargo establishes new China-Istanbul service
    The Sino-German joint venture Jade Cargo International has augmented its international network by adding a service to Istanbul (Turkey). "Istanbul, the Turkish industrial...
  • Emirates launches another service to South Africa
    The Dubai (UAE)-based carrier Emirates recently launched a Dubai to Durban service. This is the airline's third destination in South Africa after Johannesburg and Cape To...

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Maritime Global Netweb site
NOVEMBER 3, 2009
  • IMO "ready to help Somalia"
  • Wilhelmsen sees "soft recovery"
  • STX's better figures
  • Belships profits down
  • Increased VAT liability warning

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Marine Logweb site
NOVEMBER 4, 2009
  • LR approved to issue IAPP certs to U.S.-flag vessels

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Lloyd's Listweb site
NOVEMBER 3, 2009
  • Torm in talks to renegotiate MR tankers time charters
    Major operators facing haemorrhaging cash flows in "catastrophic conditions."
  • Dutch prime minister rejects shipbuilders criticism
    Jan Peter Balkenende says government committed to supporting industry.
  • Carbon reduction rules will hit UK ports
    Port owners could face huge penalties and cash flow problems under Carbon Reduction Commitment rules.
  • Lifeline thrown to Zim as rescue plan approved
    Israel Securities Authority resolve legal issues that had delayed an earlier ballot.

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Fairplayweb site
NOVEMBER 3, 2009
  • Transpac backhaul hike sought
    MEMBER lines of the Westbound Transpacific Stabilization Agreement want new general rate increases for dry and refrigerated cargoes to Asia
  • India S&P splurge expected
    INDIAN shipping companies are planning to expand fleets, weighing the easing recession against plunging profits
  • Yard fined in asbestos death
    A SPANISH court today found the Naval Gijon shipyard negligent in the death of a worker from asbestos inhalation
  • MSC Crociere booming
    ITALIAN cruise company MSC Crociere told Fairplay today it has already carried 1M passengers this year, 36% higher than this time point last year

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The Journal of Commerceweb site
NOVEMBER 3, 2009
  • Zim Restructuring Wins Approval
  • Pacer Strikes New UP Deal
  • Con-way Profit Drops 67 Percent
  • Genesee & Wyoming Profit Inches Upward
  • Expeditors Net Falls 33 Percent
  • BNSF Deal Prompts Rush to Rails
  • Shipments, Orders Grew in September
  • Hamilton, Halifax Sign Short-Sea Pact
  • Wilh. Wilhelmsen Profit Slumps 42 Percent
  • Piraeus Dock Workers Renew Strike
  • Pacific Lines Seek New Wave of Rate Hikes
  • Clorox Ending Chlorine Use, Shipping
  • Defense Bill Provides Short Sea Boost
  • S&P, Wall Street Slap YRC Debt Swap
  • NS, Pennsylvania Expand Phila. Intermodal Yard
  • Logue Named President of FedEx Freight
  • Berkshire Hathaway to Buy BNSF

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Containerisation Internationalweb site
NOVEMBER 3, 2009
  • Rotterdam embarks on container lashing inspection
  • Bourses go red
  • Piraeus turmoil continues
  • Tartous gets Hamburg Sud boost
  • Robust performance from Panama Canal

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TradeWindsweb site
NOVEMBER 3, 2009
  • Excel misses mark
    Bulker owner Excel Maritime Carriers posts 47% drop in the bottom line as results fall short of Wall Street forecasts.
  • Artful dodger?
    Evidence of Sovcomflot's former London chief Yuri Privalov cast into doubt over question of who paid for Igor Borisenko's painting of the Queen Mary in London.
  • Liquidated
    A plan by Hawaii Superferry to liquidate has become effective nearly four months after it abandoned its two vessels.
  • Vale ports drop
    Brazilian miner reports 18.2% fall in operational profits from its dry-bulk ports, which rake in $26m over nine months.
  • Gulf gig
    Subsea 7's pipelay and construction vessels hired to perform Gulf of Mexico contract with Anadarko.
  • Shenzhen halted
    Spanish judge detains MSC Shenzhen after oil spill washes up in Algeciras Bay.
  • Photo flood
    Entries are already pouring in for TradeWinds' Maritime Photographer of the Year contest.
  • Uneven pain
    Idle containership tonnage rises to 10.7% of world capacity but not all operators are suffering to the same extent.
  • TK's first OSV
    Australian arm of Vancouver-based tanker giant bags three year contract to manage and crew an AHTS.
  • Royal tumbles
    Fain-led Royal Caribbean Cruises' 44% drop in the third quarter tops its own expectations, but a loss is expected in the fourth.
  • Million-dollar man
    Sovcomflot's former London chief Yuri Privalov claims Yuri Nikitin helped him set up Swiss bank account to receive $1m in "thank yous."
  • Torching eight
    WW to scrap eight vessels in the final quarter with dividend due to make a quick comeback, bank says.
  • Remoy cuts back
    Rem CEO sells nearly $10m shares in the shipowner to scale down his holding.
  • Just a scratch
    Pirate gun fire caused only cosmetic damage to Jo Tankers vessel during surprise attack off Somalia, director says.
  • Jo ship hit
    Jo Tankers vessel reportedly damaged after being attacked by pirates wielding machine guns off Somalia.
  • Flying the flag
    Louka Katseli pledges support for the Greek shipping industry from the new socialist government.
  • Handysize hit
    Downturn in activity of Elkem Chartering joint venture hits Belships result.
  • Cheque clash
    Petrobras meets a deadline but loses an appeal over a three year charter of Embiricos VLCC that went wrong.
  • Samsung stronger
    Record sales figures allow world's second largest shipbuilder to jack up third quarter bottom line.
  • Foggy forecast
    A strong rebound in dry-cargo rates is unlikely 'anytime soon' Cosco Singapore says at profit crashes.
  • One in, one out?
    Njal Saevik's Havila pens PSV at Simek, potentially killing off delayed Fjeldstrand newbuilding.
  • Stolt into VLGCs
    Parcel tanker specialist activates gas carrier venture with three year charter of Japanese vessel.
  • Phoenix fixed
    Havila construction vessel lands new deal in Gulf of Mexico.
  • Final countdown
    Floro Shipyard will not build any more vessels after Stolt-Nielsen tanker brace is completed in five months time, parent STX Europe says.
  • Precious buys
    Khalid Hashim-led bulker player turns buyer with acquisition of modern handysize.
  • WW still weak
    Wilh Wilhelmsen sees signs of recovery in car trades, but operating profits still down on 2008.
  • $400m for Navios
    Angeliki Frangou-led firm earmarks $105m for capesize pair after tying up huge notes issue.
  • Order boost
    China's Yangzijiang Shipbuilding confirms new bulker orders as third quarter profits rise by 17%.
  • Yard eyes demo
    China's Yangzijiang Shipbuilding enters into joint venture to target shipping scrapping sector.
  • Yantai expands
    Chinese rig builder in expansion mode with plans to acquire domestic shipyard Sanlian Longkou.
  • KHI crashes
    Japan shipbuilder slumps to a big loss in the first half of the year, but full-year figures look better.

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American Shipperweb site
NOVEMBER 3, 2009
  • IRS probes offshore foreign vessel operators
  • Evergreen reports loss amid "financial tsunami"
  • Wilh. Wilhelmsen sees "start of a soft recovery"
  • IATA: 2008 slump's start props September figures
  • Berkshire Hathaway to buy BNSF
  • Small business lender CIT in bankruptcy
  • USDA drops interim rule to raise inspection fees
  • Panama Canal: Less traffic, faster transits

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 3, 2009
  • WW sees light at the end of the tunnel
    Third quarter volumes indicate the start of a soft recovery, Wilh. Wilhelmsen says in its latest quarterly report. Cargo volumes saw a seven per cent rise between the second and
  • Somalia asks for help tackling pirates
    Abdirashid Sharmarke, Prime Minister in Samalia's Transitional Federal Government, says piracy off the coast of Somalia must be tackled on land as well as at sea. At a meeting with
  • Spain legislates for armed guards
    Spain has passed a law allowing armed guards on board Spanish flagged vessels outside Spanish waters. "Security may be offered by guards using authorised weapons suitable for effectively complying with

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The Bunker Bulletinweb site
NOVEMBER 3, 2009
  • Abandoned vessel concerns in Texas
    US Coast Guard remove diesel from fuel tanks, officials attempt to contact boats owner.
  • Prices mainly firming in Europe
    Many suppliers in Rotterdam tight on product.
  • Number of idled containerships is growing
    Firming bunker prices 'will encourage slow steaming'.
  • Prices steady in Fujairah
    Sources report 'tight barge schedules' in Middle East hub.
  • Cruise line remains committed to hedging
    Royal Caribbean Cruises to hedge 50% of bunker consumption in 2010
  • Lay-ups cut bunker bills
    Evergreen reports more losses.
  • Agency 'justifies' low sulphur exemption
    Decision was based on 'technical and economic grounds'.
  • Bunker movements in Singapore mixed
    Asian bunker markets showing no clear direction on Tuesday.
  • Firms bid for Kochi bunker jetty construction
    CPT will issue tender to invite operators of the terminal soon.
  • Neste Oil profit dips 78%
    Q3 2009 refining margins remain weak, except for fuel oil.
  • Storage facility fire: Sabotage ruled out
    More than half of the tanks at Caribbean fuel storage facility destroyed or damaged.
  • Shanghai bonded bunker sales dip
    Bunker demand over first eight months down as port activities slow.
  • Fishing vessel sinks in Alaska
    Two-mile sheen seen in the area.
  • Clean-up operations hindered by bad weather
    Large oil slick reported after freighter runs aground off east China's coast.
  • Singapore trader takes VLCC for storage
    Floating storage deal off Tanjung Pelepas to cost about $28 million.
  • WWL on track with low sulphur fuel policy
    Ready for 1.00% ECA limit, self-imposed global fleet target to remain at 1.50%.

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