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29 September 2020 The on-line newspaper devoted to the world of transports 16:22 GMT+2

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The Business Timesweb site
JULY 6, 2009
Shipping News
  • Baltic Dry Index posts 2nd straight weekly drop
    The Baltic Dry Index, a measure of shipping costs for commodities, posted a second straight weekly decline on concern that demand to haul iron ore is set to slow.
  • Kawasaki's China venture to delay shipyard operations by three years
    Kawasaki Heavy Industries Ltd's shipbuilding venture in China will delay operations of a second dock in Dalian by three years as the global recession dries up demand.
  • Shippers may cancel up to 15% of vessel orders
    Shippers may cancel as much as 15 per cent of orders for new vessels and delay taking deliveries to cope with a lack of financing and a drop in demand amid the global recession, Poten & Partners said.

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Sched Netweb site
JULY 6, 2009
  • Safmarine starts Far East-southern Africa Safari 3 loop
  • Da Chan Bay welcomes Maersk Line service's first call
  • Ningbo cross-strait direct shipping volume hit 50,000 TEU in May
  • Ship operator in oil spill faces possible $40 million fine
  • Iceland's troubled Eimskip banks on LA takeover
  • Ford stays with UPS for logistics support
  • Former NYK president appointed chairman of Japan-Belgium Society
  • FedEx's Baiyun hub's expectations fall, but airport expects profit
  • China Southern Airlines launches five new service
  • St Louis seeks larger chunk of air freight with China
  • Singapore aviation reorganisation creates Changi Airport Group

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Maritime Global Netweb site
JULY 3, 2009
  • US offshore wind gets RI go-ahead
  • Tank containers cut carbon footprint in half
  • Suspended jail terms for QM2 builders
  • Eimskip to be taken over by creditors

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Lloyd's Listweb site
JULY 3, 2009
  • Pressure on pirates could soon win release of ships
    NEGOTIATORS predict four or five captured vessels will be freed in the next two months.
  • Security firms deny collusion over ransoms
  • Surprise rise in June OTC derivatives trading
    TRADE in uncleared FFAs 'still has a pulse'.
  • Italy in push for Gulf of Aden coastguard
    SHIPOWNERS call for European action to develop coastguard operations in the countries bordering the area.

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Fairplayweb site
JULY 3, 2009
  • Asia/Europe box rates firming
    BOX RATES on Asia/Europe routes are beginning to firm since the 1 July rate restoration schemes by major carriers
  • Maersk rejects VLGC leasing
    MAERSK Tankers will not lease out their VLGC vessels at current poor charter rates, Fairplay was told today
  • China bourse up 62.5% in 1H
    OPTIMISM has continued to fuel China's economy, with its stock market index rising by 62.5% in the first six months of 2009, Beijing's official newspaper reported today
  • Russian gas production falls
    RUSSIA'S gas production dropped by a dramatic 30% in June, compared with the same month of 2008
  • QMII defendants sentenced
    A FRENCH appeals court has imposed suspended prison sentences on four people in an accident that killed 16 people visiting the cruise ship Queen Mary 2
  • Hapag might seek Berlin loans
    GERMAN box liner Hapag-Lloyd might try to obtain government loans or guarantees to weather the slump in traffic and freight rates
  • India revives SCI sale scheme
    INDIA's government is again looking at selling up to 15% of its stake in Shipping Corp of India

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Containerisation Internationalweb site
JULY 3, 2009
  • Consultants that don't consult
    There is a well known joke about consultants that goes: What is a consultant? - Answer: Someone who borrows your watch, tells you the time, and then keeps the watch.
  • MSC makes changes to its Golden Gate service
  • K Line leaves ELAA
  • COSCON launches rates offensive
  • FMC moves to end port operator exemption
  • Tank containers are greener

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TradeWindsweb site
JULY 3, 2009
  • Saverys' bulkers
    Alexander Saverys says Delphis is now a dry-cargo owner having altered a boxship order at Hanjin Heavy Industries.
  • Pirate porridge
    Russia warns pirates that capture by warships will mean Moscow trial and time behind bars.
  • Ordering ordeal
    Newbuilding contracts down nearly 90% in the first half with bulkers and boxships the biggest fallers.
  • Nordic bash
    No pollution reported as Norwegian tanker and Russian cargoship collide in Oresund Strait.
  • Dry switch
    European owner swaps four boxships for a trio of bulkers in revised order at Hanjin Heavy Industries, with Delphis the stand-out candidate.
  • It's quotes time
    Getting cash from the ATM is proving a little too easy for Omar Nokta.
  • Feeder fund
    Emergency cash raised as investors in JR Shipping fleet hit in the wallet by market slump.
  • Ferry blow-out
    Blown transformer caused Staten Island ferry crash that injured 15 people in New York.
  • Irish erosion
    Port volumes fell by nearly 6% in Ireland in 2008 as imports plunged.
  • Hapag hand-out?
    German container line could ask government for cash to get it through tough times, shareholder says.
  • Cido sheds again
    Tonnage exodus at South Korean owner continues with sale of two tankers.
  • Waiving again
    Eitzen Chemical follows Camillo Eitzen in announcing new deal with banks on covenants.
  • New5 in Numb3rs
    RS Platou's offshore number one Hans Christensen is switching camps while 150 of John Fredriksen's ships are crossing over to Bergvall Marine for hull cover.
  • Swift profit
    John Fredriksen's Seadrill bags $20m profit on rig sale after buying it from Ship Finance International.
  • Banks set to seize
    Clarkson boss Andi Case says banks will step up vessel repossessions with installment deadlines looming.
  • Panama change
    Fishing industry expert Roberto Linares lands top job at Panama Maritime Authority.
  • Guilty
    Four men given suspended prison sentences for their part in the fatal Queen Mary 2 gangway collapse in 2003.
  • Part payment
    Striking workers at Bulgaria's Rousse Shipyard are paid half of April's salary as deal with bosses looks likely.
  • Drugs dwindle
    Shipowners and managers are finding swine flu anti-viral Tamiflu increasingly hard to get hold of.
  • Ferry probe
    Investigation begins into switching of gears on Fullers ferry in New Zealand that caused it to hit berth.
  • Reefer boost
    Fred Olsen to guarantee $30m share issue to shore up finances of his reefer operation Oceanlink.
  • Ship sales slip
    After hitting an eight-month high in May, a drop in tanker sales push second-hand ship deals down in June.
  • Trio combine
    CMA CGM, CSAV and CSCL throw in their lot together on the Asia, Mexico and Caribbean route.
  • HHI starts FPSO
    South Korea's Hyundai Heavy Industries has made the first use of its specially-designed H-dock.
  • MSC Japan cuts
    Mediterranean Shipping Co is terminating a service linking several Japanese ports with Chiwan in China.
  • MISC offloads
    Malaysian shipowner has sold two small single-hulled product tankers to Nigerian outfit.

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The Scandinavian Shipping Gazetteweb site
JULY 3, 2009
  • BLRT rebuilds bunker vessels
    The Estonian yard group BLRT Grupp has found a niche market ' converting single-hull bunker vessels into double-hull vessels in accordance with MARPOL regulations. The group's yard, Tallinn Shipyard
  • Unifeeder to Gävle
    Danish Unifeeder will begin a service to Gävle Container Terminal, GCT, in August. Unifeeder transports other shipping companies' containers to European ports such as Rotterdam, Hamburg, Bremerhaven and Antwerp. "This
  • Havyard Leirvik lays off 40 employees
    The Norwegian yard Havyard Leirvik has been forced to lay off 40 of 210 permanent employees due to the recession. The yard has already reduced the number of hired personnel
  • Eestinova takes delivery of Emi Leader
    Onega Shipbuilding Yard in Petrozavodsk has delivered the Emi Leader to the Estonian shipping company Eestinova O' in St. Petersburg. It is the second vessel in a series of four

news on subscription
The Bunker Bulletinweb site
JULY 3, 2009
  • New barge for Petrobras
    Both IFO and distillate fuel available.
  • Interest to be paid on oil spill penalty
    Case slowly comes to a close as Exxon agrees to pay.
  • Quiet day of trading on markets
    Softening prices expected if fundamentals continue downward trend.
  • IMO considers ban on heavy fuel oil in Antarctic waters
    Calls for adoption of amendment later this year.
  • Bunker prices softening as week ends
    Southern European markets see deepest losses.
  • Unauthorised trades triggered crude spike
    Trader suspended after oil brokerage loses almost $10 million.
  • Container line considers asking for state aid
    Hapag-Lloyd shareholder says the German state should act to ensure fleet survives.
  • Tight bunker avails support Asian prices
    Bunker prices in most key Asian ports firmed on Friday.
  • Another trading company 'eyes' Singapore bunker market
    Mercuria Energy says 'going into bunkers' is a possibility.
  • Singapore supplier shuts down
    Returns its bunkering license to the port authority.
  • Company and engineer fined for bunker spill
    UK Environment Agency says it was a 'serious incident that could have been avoided'.
  • Brightoil starts operations in Shanghai
    Deploys four double-hull bunker tankers and leases storage for its new operations.
  • Sri Lanka supplier buys 8,800 dwt bunker tanker
    Large bunker tanker to double as 'floating storage' to address a shortage of space at Colombo's shore terminal.
  • Hong Kong supplier builds double-hull for end-2009 delivery
    Bunker tanker at about 5,000 dwt will be the territory's second biggest barge.

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