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02 June 2020 The on-line newspaper devoted to the world of transports 11:36 GMT+2

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The Business Timesweb site
NOVEMBER 5, 2009
Shipping News
  • Shipping lines to raise US-Asia container rates
    Evergreen Marine Corp, China Cosco Holdings and eight other shipping companies agreed to raise rates for US-Asia shipments as they battle to reverse industrywide losses.
  • Shipping costs can rise 7.8% this year: Nomura
    The cost of seaborne haulage of goods such as coal and iron ore can increase at least 7.8 per cent by year-end, supported in part by Chinese raw-material demand, Nomura Holdings Inc said.
  • Royal Caribbean expects 4th-quarter loss
    Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, has forecast a loss for this quarter as it discounted more tickets than expected in a seasonally slow period.
  • Loans to ship owners expected to rise

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Sched Netweb site
NOVEMBER 5, 2009
  • Evergreen hikes North America to EU, Asia, Oz, Mideast rates
  • WTSA to hike backhaul dry, reefer rates December 1, January 15
  • Piraeus dockers resume strike against Cosco Pacific CT
  • MSC to hike transatlantic rate US250/TEU on December 1
  • Maersk offers east-Med to central Europe service
  • Xiamen Port's international transshipments grow 10.8 pc in first three quarters
  • Drewry expects east-west rates to rise 18pc next year
  • Somali PM wants pirates hit from landside and money traced
  • Buffett to buy Burlington Northern Santa Fe for US$35 billion
  • EU minister calls for harmonisation of trade regulations
  • Canadian National profits down 16pc in third quarter
  • US rail association reports 14.8pc drop in sample volume
  • SNCF Geodis stages exhibition at Dubai trade show
  • Air Macau launches Nanning-Macau-Taipei route
  • China Southern Airlines launches Zhengzhou-Bangkok service
  • CAAS bags CAPA's air navigation services provider award

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Exim Indiaweb site
NOVEMBER 5, 2009
  • Kiran Dhingra is also MoS Secy
  • 4-day Marine & Boat Expo to be held in Goa from Dec. 10
  • Dud cheques issued by Iranians add to Basmati exporters' woes
  • Following US crisis, IT firms seek ECGC shelter
  • Kiwi envoy sees trade boom post-FTA with India
  • Over 2 decades later, rice being imported
  • Onion MEP hiked steeply to deter exports
  • Revised pay scales for Port Trust officers may be ready by year-end
  • Stricter environmental norms now applicable to new port projects
  • Reforms in agriculture, food processing seen imperative
  • Fall in imports shrinks trade deficit in September
  • More export sops coming-Sharma
  • Stimulus steps will stay till economy recovers, assures Pranab
  • EPCES presents 10-point charter of demands to Commerce Ministry
  • Nielsen survey finds India at peak of 52 nations in consumer confidence
  • Tarun Das' exit from CII marks end of an era

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International Transport Journalweb site
NOVEMBER 3, 2009
  • First fully-refrigerated freight train transits Channel tunnel
    Eurotunnel provided access to the first freight train composed entirely of 30 refrigerated containers one night recently, in line with its programme to develop cross-Channel railfr...
  • Fiege Switzerland expands European agent network
    The logistics service provider Fiege Logistik (Schweiz) added two active partners to its European network, with effect from 2 November. They are the Norwegian company Cargo Partner...
  • Increase in Swiss heavy vehicle fee deemed unlawful
    Switzerland's federal administrative court has deemed unlawful the last increase in the distance-related heavy vehicle fee (HVF, or Leistungsabh'ngige Schwerverkehrsabgabe LSVA in ...
  • OOCL makes strategic management changes
    OOCL has enhanced its strategic planning and organisational efficiency by making the following management changes. Henry Wong will relocate to Hong Kong on 1 November, to take up t...
  • 65 candles for Bob Dons
    Bob Dons, the founder of the Swiss company Dons Transporte AG in Reinach near Basel, recently celebrated his 65th birthday. Dons, a Dutch national, obtained his commercial vehicle ...
  • Starting shot fired for logistics cluster Basel
    Representatives of the Basel chamber of commerce, St Gallen university (chair for logistics management), the Rhine ports in Basel and Baselland and Spedlogswiss recently presented ...
  • Freja takes over the activities of Cargo Express
    Freja Transport & Logistics took over all the activities of Cargo Express International Transport & Spedition on 30 October 2009. Cargo Express is a Danish forwarding and transport...
  • DGX acquires operations of C&H Freight
    DGX (Dependable Global Express) has taken over certain operations of C&H Freight (USA), a neutral NVOCC specialising in the Central and South American trade. Operations of C&H Frei...
  • Evergreen raises charges on Far East-Europe trade
    The Taiwanese shipping line Evergreen is increasing its charges by USD 225 per teu on 1 December. The rate hike will be levied on all cargo and commodities, including temperature-c...
  • Maersk introduces new service
    The Danish shipping line Maersk will launch a new service called Adriatic Levant Express or "Alex" on 18 November. The new sailing will operate between the Eastern Mediterranean an...
  • BA pleads guilty to fixing surcharge prices in Canada
    British Airways (BA) has pleaded guilty to taking part in an airfreight cartel in Canada. The carrier has now been fined CAD 4.5 million (USD 4.1 million). BA admitted to fixing su...
  • Munich Airport's winter timetable offers flights to nearly 220 destinations
    Munich airport (Germany) introduced its winter timetable on 25 October. For the period up to 27 March 2010, airlines have booked slots for approximately 154,000 take-offs and landi...
  • Swiss adding Canadian cities to network
    Switzerland's flag carrier Swiss International Air Lines (Swiss) will add two further destinations to its long-haul network in summer 2010. The Canadian cities of Calgary and Vanco...
  • Iata: scheduled traffic figures for September
    The International Air Transport Association (Iata) recently reported international scheduled traffic figures for September 2009. Passenger demand was essentially unchanged, whilst ...

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Maritime Global Netweb site
NOVEMBER 4, 2009
  • Round Table restates case on GHGs
  • LR to issue anti-pollution certificates to US flag vessels
  • New SA service
  • Arctic Sea in Malta

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Marine Logweb site
NOVEMBER 4, 2009
  • New maritime debt collection service starts operations
  • LR approved to issue IAPP certs to U.S.-flag vessels

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World Wide Shipperweb site
NOVEMBER 4, 2009
  • WTSA member carriers eye series of rate increases
  • Airlines expanding service menu from Portland International Airport
  • Portland Shipping Club needs shopping spree support
  • Israel Corporation shareholders Ok capital injection for ZIM
  • Coast Guard sets up safety zone due to Columbia Channel blasting

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Lloyd's Listweb site
NOVEMBER 4, 2009
  • Kolding warns bailouts could delay box sector recovery
    Maersk Line boss says state aid presents huge risk of another situation of oversupply.
  • Tui ups Hapag-Lloyd rescue funds after state aid approval
  • New fund targets shipping and logistics
    Italian banker Fabrizio Vettosi reemerges as head of newly formed Venice Shipping and Logistics.
  • Aldo Grimaldi set for return to ship operations
    Grand Navi Veloci founder to launch hew motorways of the sea services in 2010.
  • Brussels steps up efforts to boost sea motorways
    European Commission in talks over increasing level of subsidies.
  • Zim rescued by $550m bailout after knife-edge vote
    Israel Corp agrees to extra $100m safety net in order to appease minority shareholders.

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Fairplayweb site
NOVEMBER 4, 2009
  • Israeli commandos seize ship
    ISRAELI commandos seized a box ship near Cyprus early today, with Israel's government accusing its crew of smuggling arms
  • Lost ferry was full of holes
    A SAFETY inquiry has listed a catalogue of serious safety hazards in the sinking of the Tongan ferry Princess Ashika
  • Zim scheme at last approved
    BOX LINE Zim has finally hammered out a $450M rescue plan with its parent company, which was approved by Israel Corp shareholders last night
  • Timor leak stopped, fire halted
    PTTEP's Montara field wellhead has finally been choked off, more than 10 weeks after it first began spewing light and sweet crude and gas into the Timor Sea
  • Fincantieri thrown lifeline
    ITALY'S cash-strapped shipbuilder Fincantieri has reportedly been thrown a lifeline, with €1.5Bn ($2.2Bn) in export credit financing
  • Cruise face-lift creates 300 jobs
    THE UK will gain 300 jobs from a scheme to place a £20M ($33M) refit order at a UK drydock, cruise operator Saga Shipping told Fairplay today

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The Journal of Commerceweb site
NOVEMBER 4, 2009
  • USPS Hikes Shipping Prices
  • S&P Positive on BNSF-Berkshire Hathaway
  • Virginia Spends Stimulus Funds Slowest
  • Heavy Truck Sales Surge in October
  • Shippers Appeal to NY, Newark on Harbor Truckers
  • Quality Distribution Swings to Profit
  • Trucking Spot Market Up 10 Percent in October
  • Mediation Board to Change Representation Rules
  • Atlantic Container Line to Hike Rates
  • Seaspan Posts Larger 3Q Loss
  • Nippon Express Profit Tumbles
  • Lines to Add Africa-Europe Reefer Service

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Containerisation Internationalweb site
NOVEMBER 4, 2009
  • Zim rescue package agreed
  • Buffett snaps up BNSF
  • GA moves last Asia service from A'dam to R'dam
  • Australian IMDG Code training deadline nears
  • SAECS recommences Reefer Express

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TradeWindsweb site
NOVEMBER 4, 2009
  • RBS sells MSVs
    Royal Bank of Scotland seeking buyer or charterer for pair of offshore construction vessels ordered by TS Marine.
  • NCL notes sell
    Cruiseship owner Norwegian Cruise Lines has sold $450m worth of senior secured notes.
  • Delays spur cull
    GC Rieber confirms cancellation of Polar Marine II newbuildings, blaming the nix on "significant delays."
  • Samba pirates
    Port security seizes wooden pirate boat used to steal cargo from the CMA CGM Sambhar in the Brazilian port of Santos.
  • Grandad?
    It's time for brokers to grow up, Platou broker Richard Fulford-Smith says at Greek Shipping Summit.
  • FBR boosts OSG
    Analyst hikes rating on Overseas Shipholding Group thanks to "excellent" cost-cutting efforts and because the worst is behind the tanker owner.
  • Pistiolis firm
    Everybody needs to deal with their own problems, charters included, Top Ships chief executive says at Greek Shipping Summit
  • Cleansing cash?
    Yuri Privalov fights off suggestions he used bank accounts of Yuri Nikitin's companies to steal over $1m from Sovcomflot.
  • 'Bystander' Bruny
    Managers and owner of the Cape Bruny reject lawsuit's implication of the tanker in a Puerto Rico tank farm fire.
  • Math talk
    Tanker charter rates will stay low and asset values will drop, private Greek owner Leon Patitsas says.
  • Summit begins
    Greek Shipping Summit 2009 kicks off in Athens with a special tanker focus. TradeWinds correspondent Yiota Gousas takes us there.
  • Lending patience
    Greek banks will start lending again in six to 12 months, Petrofin's Ted Petropoulos says.
  • Transocean down
    New York-listed rig and drillship owner sees plunge in profits but beats expectations.
  • Newbuilding re-jig
    Gabriel Panayotides' Excel sells stake in one newbuilding, takes full control of another and bags a larger share of a third. Four more "do not exist."
  • Israeli raid
    Marines intercept UFS containership suspected of carrying weapons from Iran.
  • Watergate
    Upon leaving Fiona Maritime, Yuri Privalov was told to throw his work computer into the River Thames by Dmitry Skarga, London court hears.
  • LNG rescue
    MOL-managed gas carrier picks up 19 people from sinking boat off Cocos Islands.
  • Free to go
    German navy releases four suspected pirates intercepted in Indian Ocean.
  • Ready to float
    Attempt to be made to refloat grounded Jadrolinija ferry Marko Polo off Croatia.
  • Bleak box outlook
    DnB NOR sees little good news in the liner sector and shipping in general, but is more positive on offshore.
  • IHB buys
    Bulgarian group takes bulker cancelled by Navibulgar off the hands of its Varna Shipyard subsidiary.
  • ABG boosted
    Government subsidies for confirmed orders lift Indian shipbuilder's second-quarter net.
  • Zim deal done
    Israel Corp shareholders agree $550m refinancing package for cash-strapped container line Zim.
  • Sembcorp strong
    Singapore ship and rig builder spies better demand on the horizon as third quarter profit edges up.
  • Noteworthy
    Dutch terminals group Royal Vopak to sell $680m of notes in US private placement market.
  • Goldenport scraps
    Greek owner offloads 1985-built boxship while arranging $20m in finance for new bulker additions.
  • Safe suffers
    Polys Hajioannou-led bulk operation sees third quarter results slide on weaker rates and higher costs.
  • Losses widen
    Results deteriorate at Gerry Wang-led boxship leaser Seaspan as it suffers $92.5m loss on interest rate swaps.
  • Pacific price hike
    WTSA container lines slap rate increase of up to $120 per teu on exports from US to Asia.
  • Hyoki lower
    Japanese coastal shipping company has revised interim and full year profits forecast downwards.
  • Yujin downbeat
    Singapore small tanker operator sees Asian business fall away and sees revenues fall as a result.

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American Shipperweb site
NOVEMBER 4, 2009
  • Zim restructuring approved
  • ACL hikes rates on North Atlantic
  • Trailer Bridge announces management changes
  • Con-way reports lower earnings
  • Pacer in deal with Union Pacific
  • 3RD Quarter Results
  • Expeditors reports 33% drop in profit
  • FMC reviews 8 OTI license applications
  • NYK, Yusen Air & Sea look to integrate

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 4, 2009
  • ACL hikes prices across the Atlantic
    Atlantic Container Line has announced a two-step rate increase of USD 550 for 20-foot containers and USD 950 for 40 footers. The first increase is USD 300 and
  • Greece's new shipping minister wants to reverse recruitment trend
    Greek Economy Minister Louka Katsela in the new Greek government has promised Greek shipowners that the country will have a policy that supports a strong shipping industry. She also says
  • CESA: shipbuilding capacity needs to be altered
    At the CESA meeting in Berlin on October 29, delegates from Europe, Japan, China and USA acknowledged that "the shipbuilding industry throughout the world is experiencing a more challenging business
  • First law suit just days after San Fransisco oil spill
    Just days after the Dubai Star spilled up to 3,000 litres of fuel oil into the San Fransisco Bay during the morning of October 31 while bunkering the first law
  • Florø to become repair yard
    STX Europe's Norwegian yard in Florø will undergo restructuring and specialize in service and maintenance of offshore and traditional commercial vessels, after it has delivered the last ship in its
  • Arctic Sea to resume voyage to Algeria
    The cargo vessel Arctic Sea's operator Solchart Management has announced that the ship will resume its voyage to B'ja'a, Algeria, on Thursday, reports the Russian news agency Ria Novosti. The
  • Vessels attacked by pirates off Kenya
    On Monday evening, pirates attempted to hijack the commercial vessels Harriette and Jo Cedar 360 nautical miles east of Mombasa, Kenya ' but failed. The US-flagged cargo vessel Harriette, 25

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The Bunker Bulletinweb site
NOVEMBER 4, 2009
  • Inventory report sends crude over $80 in early trading
    But analysts cautioning that numbers were not 'too bullish'.
  • Rotterdam prices bounce back
    Double-digit increases in many ports today.
  • Prices firm in Fujairah, weak in Durban
    Suez reporting tight avails for IFO grades.
  • Istanbul market short on product
    Production problems at Tupras refinery hits marine fuel production.
  • Bunker clean-up: 'Fine detail work' begins
    80% of shoreline oil has been removed.
  • WFS sees revenue and profits fall
    Company says its marine sector performed well 'despite challenging conditions'.
  • Singapore IFO at 13-month high
    Bunker product sees double-digit gains.
  • Shareholders approve Zim's bailout plan
    Vote marks end of 'intensive restructuring process'.
  • Shanghai bunker market to benefit from box volume rebound
    Bonded bunker sales to rise to 1.5 million mt in 2010 and 2 million mt in 2011, supplier predicts.
  • MPA urges Singapore market to uphold 'business integrity'
    Players will have 'less problems going forward' if they 'respect the rules'.
  • More fuel quality problems predicted due to ECAs
    Growth in demand for low sulphur fuel oil when North American ECA comes online will 'change the picture'.

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