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| APRIL 7, 2009 |
Shipping News
- Somali pirates hijack yacht in Indian Ocean
Somali pirates have hijacked a French- flagged yacht with four crew members in the Indian Ocean, Ecoterra International, an organisation monitoring piracy in the region, said yesterday.
- Suez Canal revenue up
The Suez Canal, through which one-tenth of global seaborne trade passes, notched an 8 per cent increase in revenue in March and may attract more ships this month as incentives for using the waterway are offered more widely.
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| APRIL 7, 2009 |
- Hutchison Port Holdings profit increases 3pc to US$1.7 billion
- Shanghai port earnings increase 27pc in 2008
- MOL launches safety promotion campaign
- Ningxia rail freight volume up 30pc in January
- Xinjiang's rail cargo volume down 38pc in January
- Japan's US-bound container trade declines
- New intermodal rail links Felixstowe to Birmingham
- India's Isabgul exports to fall further in FY09
- Box volume down, but breakbulk rises at Charleston Port
- Lamb, mutton cuts new US record in 2008
- IMO revise emission rules, US-Canada to set up mega control zone
- Mortgage Bank to develop Nigerian container terminal
- SIA, Emirates cooperate with Australian price-fixing probe
- Jin Air to commence international service from October
- Asia Pac airlines face year of further losses as demand slides
- FAA sees 4.1pc rise in air cargo in 2010 after 7.6pc loss in '09
- AirBaltic appoints Airline Services GSA for Finland
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| APRIL 3, 2009 |
- Aeroflot Cargo adds Mumbai to schedule
Aeroflot Cargo is launching a new flight on the route from Hong Kong to Mumbai, which will be a part of the Frankfurt Hahn-Moscow-Hong Kong-Mumbai-Moscow-Frankfurt Hahn rotation. T...
- P&O Ferrymasters set to acquire Mov'on Logistics
The intermodal operator and logistics service provider P&O Ferrymasters has reached an agreement to acquire Mov'on Logistics. The deal, which will be finalised before the end of Ap...
- Panopa expanding business in Eastern Europe
The German logistics service provider Panopa has expanded its business in Eastern Europe by taking over 51% of the Polish transport and forwarding company Garex, and opening new lo...
- TDG achieves AEO accreditation
The British logistics group TDG has been awarded authorised economic operator (AEO) status - an internationally recognised accreditation that confirms that the company's role ...
- EurAsia conference on opening day of transport logistic Munich
A conference analysing how the economic crisis has changed industrial companies' plans will be held on the afternoon of the opening day of the transport logistic trade fair and exh...
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| APRIL 6, 2009 |
- Somali pirates strike again, and again
- Singapore refutes lay-up claims
- MOL's safety campaign
- Virtu order for Austal
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| APRIL 6, 2009 |
- Austal books another major ferry order
- Gates lays out Navy shipbuilding budget proposals
- Pirates seize five more ships
- GL acquires Noble Denton
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| APRIL 6, 2009 |
- Lower diesel emissions target of Port of Tacoma plans
- BNSF efforts bring about transit time reductions
- Trucking association releases long haul safety publication
- Mitsui brings online new safety scheme
- Marcon acts as broker in ASD tug transaction
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| APRIL 6, 2009 |
- Lines promised Suez Canal toll cuts
SHIPOWNERS boycotting the canal expect to be offered some concessions before the end of the month.
- Suez Canal revenues plunge yet again
- Hong Kong could pay price of rise in detentions
REGISTER looks set to be dropped from Qualship 21 scheme after number port state control detentions go up.
- CSAV downgrade sparks huge loss fears
TWO credit agencies have downgraded Chile's largest shipping group, CSAV.
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| APRIL 6, 2009 |
- Pirates take bulker and box ship
PIRATES have seized a bulker today and a box ship late last week in the Indian Ocean
- China predicting recovery
CHINA'S economy, of which shipbuilding constitutes one-tenth, is now expected to soar to 10% in the first quarter of 2010, according to the official China Daily newspaper
- Singapore rebuts lay-up warning
SINGAPORE has rebutted an alert from the American Club that its waters are dangerously congested by laid-up ships by saying no ships are in fact laid up at the port
- Petrobras might put off tender
PETROBRAS is reportedly moving toward postponing its $7Bn tender to build eight FPSO hulls because prices might fail to reach satisfactory levels
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| APRIL 6, 2009 |
- The Coast Is Clear
- Canada and U.S. to Renew Joint Clearance Talks
- Diesel Rises 7/10 Cent to $2.228
- Truckers Sue to Enjoin Clean-trucks Concessions
- Canada Launches Border Driver's Licenses
- Tacoma Elicits Support for Clean-Trucks
- Zim Lost $322M
- FedEx Cuts 1,000 Jobs
- Illinois Readies $9 billion Infrastructure Plan
- Somali Pirates Seize Containership
- British Business Targets Opportunities in Iraq
- Video: Marad on Short Sea
- WTO: Trade Liberalization Critical to Recovery
- BNSF Improves Intermodal Times
- Terex to Acquire Fantuzzi
- Le Havre Faces Strikes This Week
- Evergreen to Upgrade Far East-Panama
- CP Closes Line Due to Flooding
- "K" Line Eyes Container Fleet Cut
- FMC to Meet April 8
- Time for Ports to Act
- Whose Priority?
- Breaking Cross-Border Barriers
- Congress May Remake Rail Regulator
- The Big Picture
- Business Makes a Call
- Railroads Track Competition
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| APRIL 6, 2009 |
- Kjaedegaard takes the helm at UK Chamber of Shipping
- Behemoth MSC Beatrice to make 'out of gauge' Antwerp call
- MSC in Felixstowe rail shift
- Balanced port folio to 'insulate' APM T in downturn
- Bunker costs up by 26%
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| APRIL 6, 2009 |
- CSAV rebuffed
The CCNI-connected Urenda group has balked at an offer for CSAV's stake in port logistics outfit Agunsa.
- Delay denial
Brazil's Petrobras denies reports that it could delay tender for eight FPSOs but says it wants "compatible prices".
- Yard cuts 200
Lack of large-scale orders reportedly forces Brazil's Maua shipyard to cut 200 jobs.
- More hijackings
Piracy reaches fever pitch as Navalmar bulker seized and another hijacking ongoing off Somalia.
- Wanted by EPA
US environmental agency list of 21 fugitives suspected of environmental crimes includes six mariners.
- Volcano load done
Seabulk Tankers vessel bound for Alaska terminal makes a U-turn after volcano Mount Redoubt erupts but then takes oil load.
- GE sells bulker
India's Great Eastern said to have fetched $19m for 2000-built handymax from mystery owner.
- FPSO delay?
Petrobras' planned tender for eight floaters reportedly could be pushed back to fetch lower prices.
- Appeal denied
New Zealand court upholds conviction of Bluebridge ferry "mate/master" for failing to report accident.
- Bakassi not Bonny
Attacks on Bonny River on the mend but piracy now rife around Cameroon's Bakassi peninsula.
- SMM bags rig deal
Singapore marine group to outfit drilling rig after beating off competition from rival UK yard.
- Shun Tak falls
Macau tycoon Stanley Ho's ferry group saw 2008 profit drop 90% as fuel costs rose.
- Dalian does well
Chinese port sees profits jump over 30% on asset disposals, but predicts weak market in 2009.
- Pirates get busy
UK-owned bulker, French yacht and Yemeni tug follow Hansa Stavanger into Somali pirate hands.
- Loopholes?
New Zealand's Coastal Bulk drills into front of cargoship and fits new bow to get round safety rules.
- Ferry farce
CalMac's £25m Polish newbuilding will be too big for its intended Scottish port.
- Jeddah jam
Ships avoiding Saudi Arabian port hit by cargo backlogs and handling delays.
- Quick response
Crew on Russian tanker extinguish blaze off Kamchatka within an hour.
- Fuel fiasco
Danish ferry operator Bornholmstrafikken blames lower 2008 profit on higher bunker bills.
- HHI FPSO first
South Korea's Hyundai Heavy Industries says new drydock will cut costs and improve efficiency.
- Austal again
Australian fast ferry shipbuilder inks second ro-pax newbuilding contract in less than a week.
- Yard fined
St Louis-based ARTCO to pay $3m for washing off oil from barges into Mississippi.
- Fullers sold
New Zealand ferry operator offloaded to Souter Holdings by investment company Infratil.
- On the rocks
No injuries reported as Sydney Ferries vessel overshoots wharf and grounds.
- Tallink tanks
Passenger numbers largely unchanged at Estonian ferry player, but cargo volumes down 25%.
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| APRIL 6, 2009 |
- Maersk Line to replace 9 MSP vessels
- Yang Ming, "K" Line may drop out of India/Europe link
- Zim ship attacked by pirates
- Swiss adjusts Europe, international services
- BA Cargo adds second Chicago service
- Japan carriers alter course for North Korea test
- BNSF touts intermodal transit time gains
- FedEx furloughs 1,000
- Japan Shippers' Council to shut down
- APM exec: Terminal operators "against the wall"
- Va. trumpets first direct Asia import call
- DHS to award port security grants this week
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| APRIL 6, 2009 |
- Survey indicates light in the tunnel
The latest Shipping Confidence Survey from shipping accountants and consultants Moore Stephens shows that shipping confidence continue to erode, Maritime Global Net reports. However there are indications that more people
- Tallink lost traffic in March
Tallink lost 25.5 per cent of the cargo units in March compared to the same month last year. The decline is most dramatic on the traffic between Finland and
- Two new vessels hijacked
On Monday morning a UK-owned and Italian-operated bulk carrier was hijacked in the Gulf of Aden. According to Lloyd's List the vessel is the Malaspina Castle, 21,173 DWT
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| APRIL 6, 2009 |
- Russian fuel exports climb month-on-month
Domestic demand for residual product shows a sharp dip.
- Europe: Prices lack direction start of week
Ports in Northern Europe see prices firm but Piraeus and Gibraltar see high sulphur product dip.
- Supplier expands St. Petersburg barge fleet
Company's second barge for the port twice as large as its first.
- Plans for bunker terminal win fresh backing
Indian Government ready to go ahead with port infrastructure projects.
- CSCL to take advantage of low oil price
Profitability drive to include 'stringent controls' on fuel costs, using hedging.
- Refinery upgrade to cut bunker output
Japanese refiner says expanded cracker will reduce output of bunker material by more than a half.
- 2008 profit 'not satisfying'
Danish ferry operator blames falling profit on rising fuel cost.
- Asia: Singapore 380cst at 5-month high
Bunker prices expected to climb still higher.
- Asia's April cargoes at more than 3 million mt
But May arbitrage volumes are expected to slip.
- Rally could take oil to $68
Current rally 'still has legs' says bank analyst.
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