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29 September 2020 The on-line newspaper devoted to the world of transports 17:02 GMT+2

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The Business Timesweb site
MAY 7, 2009
Shipping News
  • PSA, Wharf put projects on hold: China official
    Singapore's PSA International and Wharf Holdings' container terminal unit have put on hold their multi-million dollar investment plans in container terminal projects in eastern China as the financial crisis hurts global trade, a Chinese port official said yesterday.
  • Somali pirates seize German cargo ship
    Somali pirates have hijacked a German- owned cargo ship in the Gulf of Aden, a maritime watchdog and a statement from the government of Antigua and Barbuda, where the vessel is flagged, said yesterday.

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Sched Netweb site
MAY 7, 2009
  • Maersk hikes rates on intra Euromed, Asia-Europe routes
  • Chinese ports post 10pc March gains after months of decline
  • Charter market falls to lowest point since 2002: Alphaliner
  • Yantian Port Holdings launches investment promotion in HK
  • Prince Rupert's quarterly box volume nearly doubles, but coal down
  • MOL, FESCO liquidate agency, but start one with new name
  • Sector co-operation is key, says Peter Wong, new HAFFA chairman
  • Vietnam's Cai Lan container port receives its biggest box ship
  • Struggling Emirates Shipping Line's ties up with TSL
  • Logistics crisis mounts supplying troop surge to Afghanistan
  • Sunday Times rates Zim parent owners as eighth richest
  • China Eastern Airlines suspends Shanghai-London service
  • Cross-strait chartered cargo flight utilisation reaches 70pc
  • United cargo ton miles down 32.2pc, over all cargo off 30.7pc in April
  • All Nippon suffers US$43 million loss as operating profit drops 91pc
  • Aircraft lease talks continue between DHL and ABX

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Exim Indiaweb site
MAY 7, 2009
  • UTI Worldwide CEO sees promising growth potential in Indian market
  • Kuehne + Nagel named best project cargo provider
  • Market share of ocean freight forwarders increasing fast, says Dr Lieb
  • New appointment at DB Schenker India
  • US moves WTO against India's boric acid import policy
  • Oilmeal exports 13 pc below USDA's earlier projections
  • Engg exports dip by 13.7 pc in 2008-09
  • Private cos allowed to export 2 m tonnes wheat from May 15
  • AP's Lepakshi handicrafts get GI status
  • American buyers highest defaulters on payments-ECGC
  • FFFAI's 19th Biennial Convention
  • Customs gives green signal for clearance of imported metal scrap
  • Port federations seek dialogue with MoS
  • India becomes 3rd after US & Canada to move double-stack high-cube boxes
  • EEPC urges RBI to link BPLR of banks with repo rate
  • IMF sees Indian economy recovering by year-end
  • Manufacturing sector bounces back on growth path-survey
  • Rs 9,000 cr. in loans given to MSMEs, says official

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International Transport Journalweb site
MAY 5, 2009
  • DSV also runs into difficulty in Q1/2009
    The Danish transport and logistics corporation DSV, based in Brøndby (near Copenhagen), increased its turnover by 10.9% in the first quarter of this year, from DKK 8.52 billio...
  • Aramex signs contract in Palestine
    The Middle East-based CEP, forwarding and logistics service provider Aramex has signed an agreement with Wataniya Mobile, one of the region's new mobile telecommunications operator...
  • Gefco wins Delphi Pinnacle Award 2009
    The US company Delphi, a world leader in mobile electronics, transportation components and systems technology, has singled out the French logistics group Gefco as the first Europea...
  • A.P. Moller-Maersk Group reduces CO2 emissions by 9%
    The A.P. Moller-Maersk Group is diminishing its impact on the climate and reported a 9% drop in carbon dioxide emissions in 2008 compared to the previ...
  • Khorfakkan achieves 279 moves per hour with "CMA CGM Pelleas"
    The Gulftainer-operated port of Khorfakkan in Sharjah (United Arab Emirates) truly cemented its position as the number one port in the region with regards to productivity...
  • A new project and heavylift specialist in Germany
    A new German shipping line, Baris Schifffahrtsgesellschaft mbH, officially started business on 1 May. Its director is Ralf Maehmel, who is also the founder and majority s...
  • First BBC Chartering vessel makes maiden call at port of San Francisco's pier 80 marine terminal
    The "BBC England", a 10,380 dwt general cargo carrier operated by BBC Chartering, recently made its maiden call at the port of San Francisco's Pier 80 marine terminal to discharge ...
  • Emirates receives further B777
    The US aircraft manufacturer Boeing delivered the 75th B777 to Emirates Airlines at the end of April. It is a B777-300ER.

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Maritime Global Netweb site
MAY 6, 2009
  • Italian frigate thwarts two attacks
  • EU freezes Hellenic Register for 17 months
  • Pavlidis avoids indictment
  • Odfjell slides into the red

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Marine Logweb site
MAY 6, 2009
  • Donjon to remove wreck off Gibraltar
  • New MAN B&W engine passes milestone

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World Wide Shipperweb site
MAY 6, 2009
  • Study finds Puget Sound ports have lowest carbon footprint
  • Everett wharf developer late on in-lieu-of-rent payment
  • Ambassadors International plans to sell Marine Group
  • Alaska Marine Highway inks new Bellingham lease
  • Alaska Airlines adding Seattle, Portland flights

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Lloyd's Listweb site
MAY 6, 2009
  • New York registration no good in New Orleans, says Rule B expert
    REGISTRATION in New York will not protect foreign shipowners from having their ships or bunkers attached or arrested in other US ports.
  • An A-Z of Rule B
  • DnB Nor sticks to $153m writedown forecast
    WORLD'S second largest shipping bank predicts writedowns in the ship finance portfolio could reach $153.1m in 2009.
  • STX Europe seeks fresh funds as orders slump
    SHIPBUILDER has to replace existing credit facilities to pay bonds and loans in a tight market for new finance.

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Fairplayweb site
MAY 6, 2009
  • Pirates seize escorted ship
    A GERMAN-owned ship with 11 crew members has been seized by pirates from within a warship-escorted convoy in the Gulf of Aden transit corridor, EU naval forces reported today
  • STX Europe's results drop
    NORWAY'S STX Europe today reported a huge drop in income for this year first quarter
  • Russians fight over port shares
    A BITTER fracas is continuing between two powerful Russian companies over a 20% shareholding in Vostochny's port in the Russian Far East, government and company officials have told Fairplay
  • H&W's profits surge 500%
    HARLAND & Wolf is celebrating today the wisdom of abandoning shipbuilding, with pre-tax profits jumping more than 500% in 2008 from 2007 figures
  • Ferry relaunch delayed
    AN IRISH-LED co-operative has postponed the planned relaunch of Swansea/Cork ferry services until 2010
  • Timecharters tied to Diana drop
    LOWER profits reported today by Diana Shipping show how the slump is harming companies with conservative timecharter strategies
  • Russian port to open this year
    RUSSIA'S government-owned crude pipeline company Transneft will start loading oil tankers at Kozmino, the newest Russian oil port to be opened, as soon as December

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The Journal of Commerceweb site
MAY 6, 2009
  • National Launches Afghanistan Flights
  • TransGroup Expands with Arizona Center
  • Big Rails Cut 2,000 More Jobs
  • Frozen Food Express Loses $6.1M
  • National Retail Systems Opens Distribution Center
  • Gal-Tex Pilots File for Rate Increase
  • Port of Galveston to Get $40M in Stimulus
  • Transfennica Returns to Jacksonville
  • Truck Orders Fall in April
  • Furniture Imports Take a Hit
  • USPS Loses $1.9 Billion
  • Charter Rates Plumb New Lows
  • Pirates Seize German Cargo Ship, Again
  • Pacer Shifts Execs in Restructuring
  • NITL Backs New Maritime Liability Rules
  • Deutsche Post DHL Profit Plunged 95 Percent
  • Shipowner Urges Arming Against Pirates
  • Maersk Hikes Rates on Several European Trades

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Containerisation Internationalweb site
MAY 6, 2009
  • Charleston secures new five-year deal from MSC
  • Algerian operations to benefit from DP World training
  • Vancouver container truck issue resolved
  • German cargo ship hijacked within convoy
  • Menlo Logistics secures new contracts

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TradeWindsweb site
MAY 6, 2009
  • TBS in the red
    Tweendecker and bulker owners slumps to first-quarter loss after "devastating" effects of economic decline.
  • Iron more
    Analyst says China's iron ore import record in April could be a negative for shipping.
  • Cal Dive for sale
    Profits shrink at offshore player Helix Energy, as executives say they are seeking sale of majority stake in dive support owner Cal Dive.
  • Oops
    In WebTV video, pirates filmed off Somalia after going after French naval vessel.
  • GulfMark sues
    Offshore vessel owner files federal lawsuit against Bender Shipbuilding, as OSG reveals details of its cancellations.
  • Log-In logs loss
    Brazilian containership owner and logistics player slumps to a first-quarter loss even as shipping volumes improved.
  • Almezaan freed
    No ransom reportedly paid for release of ship with Somali-owned cargo snatched at the weekend.
  • STX in red
    Redundancy costs and unrealised currency reversals expand STX Europe's losses in "unsatisfactory" first quarter.
  • Diana dips
    New York-listed bulker owner's first quarter profit cut, but company says it's well-placed in downturn.
  • Farewell Prince
    Fred Olsen is selling its veteran cruiseship Black Prince into Venezuela this autumn.
  • Transocean slips
    Write-downs, other charges and falling revenue lead profits at US-listed rig and drillship owner to drop by 18%.
  • Bocimar smash
    Up to eight killed as Belgian bulker involved in incident with fishing vessel at the Chinese port of Rizhao.
  • Spill bill grows
    Queensland government to pursue Swire Shipping for entire Pacific Adventurer clean-up cost.
  • German ship held
    German-owned and managed vessel snatched in Gulf of Aden, Korean ship escapes.
  • $50m deal axed
    Solstad's Singapore unit sees technical issues put pay to lucrative term charter with Petroleum Marine Services.
  • Record low
    Taiwan's big three box ports handled 23% less cargo in first quarter as trade tails off.
  • Bridge broken
    Barge being pushed by tug hits Illinois River span in US, closing it indefinitely.
  • Uglands up
    Record year in 2008 for Norwegian shuttle tanker and bulker player, and 2009 looking good too.
  • Wharf smashed
    Probe starts into how bulker Accolade II hit and destroyed loading facility at Klein Point, Australia.
  • Sevan sinks
    Jan Erik Tveteraas-led FPSO player posts $36.9m loss in first quarter as its falls well short of market expectations.
  • Safe haven?
    Sri Lanka gets security clearance to lay-up vessels at Colombo anchorage, with Trincomalee also in the frame.
  • 'Give us guns'
    Liberty boss Philip Shapiro says ships need to carry guns to help crew fend off pirate attacks.
  • OSG to the rescue
    Brand new aframax plucks three Britons on emissions-free voyage from battered eco-boat off Ireland.
  • Cruise all-clear
    No swine flu found on Star Cruises vessel in Thailand after passenger quarantined with viral illness.
  • Storage over?
    Spot market could soon be flooded with VLCCs as traders mull selling stored crude.
  • Ferry late
    Relaunch of Cork-Swansea service delayed until 2010 after ship purchase takes longer than expected.
  • Nearly there
    Davie Yards in Canada has sold $14.4m of its $20m share issue as it continues to secure cash for its future.
  • New Med service
    French liner group CMA CGM to launch new route linking northern Europe with Greece and Turkey.

news on subscription
American Shipperweb site
MAY 6, 2009
  • Lautenberg: Bold action needed to protect merchant ships
  • Investor seeks TUI chair, Hapag-Lloyd sale probe
  • Hyundai to join Maersk-CMA transpacific services
  • UPS expands presence in India, Philippines
  • Singapore shifts Hyderabad service to sister airline
  • Agility 1st quarter profit up despite lower volume
  • FDA finalizes prior notice food import guidelines
  • Curves goes with Menlo down under
  • BIFA supports call to end retroactive port fees
  • MSC in deal with Port of Charleston

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The Scandinavian Shipping Gazetteweb site
MAY 6, 2009
  • Wrist Group takes over Norwegian business
    Wrist Ship Supply has purchased its third foreign competitor this year after a record high profit in the previous year. In 2008 the Wrist Group reported a turnover of DKK
  • Finnish bulker Kontula to be sold
    The Finnish shipping company ESL Shipping Oy will sell its oldest vessel Kontula. The ice strengthened 31,850 DWT geared bulk carrier was built by W'rtsil' Turku shipyard in 1980. The
  • German bulk carrier hijacked
    A German owned and managed bulk carrier was hijacked in the Gulf of Aden 120 nautical miles north of Boosaaso in Somalia, yesterday afternoon. The vessel's identity has not been
  • Odfjell reports loss in Q1
    Norwegian Odfjell reports a net loss of USD 8 million in the first quarter of 2008, compared to a profit of USD 15 million in corresponding period last year. The
  • Maersk reduces CO2 emissions
    Maersk Group reduced its CO2 emissions by nine per cent in 2008. This represents a reduction of five million tons of CO2 and has been achieved through reduced speed and
  • Sri Lanka targets lay-up market
    Sri Lanka is trying to profit from the economic downturn by positioning itself as a lay-up nation. "We have got clearance from the security authorities now to lay up
  • US pressures for increased security measures on board vessels
    The US Department of Defense proposes increased security on board commercial vessels transiting the Gulf of Aden to protect them from being hijacked. About 78 percent of the pirate attacks
  • Hellenic Register received grace period by EU
    The EU Commission has granted Hellenic Register of Shipping, HRS, limited recognition with substantial restrictions. The approval runs for 17 months, and if HRS fails to meet improvement demands in

news on subscription
The Bunker Bulletinweb site
MAY 6, 2009
  • IOC launches 380 supply at Chennai
    Unique weekly pricing as supplier aims to offer competitive bunkering alternative.
  • European prices continue to firm
    Rotterdam market very quiet.
  • Wrist Group sees record profits
    CEO says biggest risk in current financial climate is customers' ability to pay.
  • Crude extends gains after DOE report
    US oil inventory report less bearish than expected.
  • Algeciras posts 14.5% drop in throughput
    Only oil import to local refinery grows in first quarter.
  • Swire facing $18 million bill
    Shipping company will be asked to pay entire costs of bunker spill clean-up.
  • Bunker prices in Asia still firming
    Demand below average at most key ports.
  • Dan-Bunkering opens Singapore office
    The new office aims to expand market share in the region.
  • Asia's May fuel oil cargoes down 15%
    June arbitrage volumes could be even lower.
  • Oil prices to rise 'only in 2011'
    Spare capacity pressing down prices; $62 per barrel average in 2010.
  • Noble trades first gasoline cargo in Singapore
    Takes up clean storage space and plans to start physical fuel oil trading.
  • ITOPF appoints new head
    Dr Tosh Moller retires as managing director.
  • Bunker hedge loss hits Odfjell
    Posts loss in first quarter and predicts similar results going forward.
  • Hong Kong warns of typhoon season
    Bunkering operations are typically disrupted when a typhoon hits.

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