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13 August 2020 The on-line newspaper devoted to the world of transports 02:33 GMT+2

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The Business Timesweb site
JULY 8, 2009
Shipping News
  • US$2.5m donation to help keep straits safe
    Safety, security and the environment in the Straits of Malacca and Singapore will be boosted through the Nippon Foundation's US$2.5 million contribution yesterday to the Aids to Navigation Fund to help maintain navigational equipment in the world's busiest strait this year.
  • 150 people fall ill on cruise ship in Britain
    About 150 people have fallen ill aboard a cruise ship berthed in Scotland following a suspected outbreak of the vomit-inducing norovirus, health officials said on Monday.
  • Oracle testing trimaran for America's Cup
    US side Oracle launched back into the waters off the coast of California a modified version of the giant trimaran which they will use in their duel with America's Cup defenders Alinghi of Switzerland, the team said yesterday.
  • Baltic Dry Index drops 4.1% on lower rentals
  • Mid-east tanker supply rises as demand falls
  • Educating future shipping magnates
  • Grand China to boost ties with Zhoushan
Strait Talk
  • Newbuilding glut is the big worry
    SHIPOWNERS traditionally keep their thoughts on business matters very much to themselves - and for good reason. Shipping is a highly competitive, as well as profoundly cyclical, industry.

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Sched Netweb site
JULY 8, 2009
  • 6,350-TEU MOL Prosperity ablaze off Hong Kong's Lamma Island
  • Rising costs prompt Hamburg Sud, Alianca bunker surcharge in August
  • CMA CGM to become CNC Line's agent
  • Xiamen port's Taiwan trade hits 114,000 TEU
  • Zhejiang's seaport capacity becomes third largest in China
  • China Post: PRD express business to top US$2.04 billion by 2014
  • Panama Canal to call for bids in last dry excavation in expansion
  • India to offer scheduled rail freight services
  • DHL launches packaging centre in Malaysia
  • AeroLogic appoints AAT as Hong Kong cargo handler
  • Malaysian budget airline Firefly comes to Singapore Changi Airport
  • Delta and Tiger Airways launch new Sydney services
  • Baghdad airport welcomes take off of Iraqi Wings Air Cargo

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Exim Indiaweb site
JULY 8, 2009
  • Everlloyd Container Lines starts operations
  • 50 ships await berthing at Paradip Port
  • Mumbai Port adds feather to cap by deftly handling heaviest project cargo
  • Sky brightening for airfreight
  • Service tax on Rlys aims to provide level-playing field to road sector
  • CONCOR's North West Region performs better in Q1
  • Proposed warehousing authority to get chairman & 2 members by Oct.
  • Diesel price hike impact on road transport operators not budgeted for
  • Exempt export units from diesel price hike-Fieo
  • Stimulus package for print media
  • Roll back stimulus packages from Sept., urge Planners
  • AEPC alarmed over sagging garment exports
  • Big-ticket reforms put on backburner, bemoan economists
  • An appropriate Budget, feels Gautam Adani
  • Incentives aplenty, but exporters' concerns not fully addressed, says SRTEPC chief
  • CTT withdrawal elates Commodity Exchanges

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Maritime Global Netweb site
JULY 7, 2009
  • Yemeni forces thwart attack
  • Queensland government admits defeat in oil liability row
  • CKYH add direct Vietnam-US East Coast service
  • Norovirus hits cruise ship

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Marine Logweb site
JULY 7, 2009
  • Bollinger set to build CPB's for Yemen
  • Greenpeace orders new Rainbow Warrior

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Lloyd's Listweb site
JULY 7, 2009
  • Owners in the dark as Hanjin Heavy delays $1.3bn order
    MOVE to defer eight 12,800 teu ships made without the knowledge of Lloyd Fonds and NSC.
  • "If we do not get money we beat the crew badly"
    SOMALI pirate warning raises fears ransom negotiation tactics are being intensified as pirates push for more money.

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Fairplayweb site
JULY 7, 2009
  • Korean owners plan fleet sale to Fund
    KOREA Asset Management Company has devised a sale and lease-back scheme for Korean shipping companies facing a financial crunch
  • Spanish strikers return to yards
    MORE THAN 20,000 workers returned to their shipyard jobs today after a 27-day strike in Vigo, Spain
  • Swissmarine sues Hangzhou
    SWISSMARINE confirmed to Fairplay today that its $8.8M claim against China's Hangzhou Iron & Steel has gone to arbitration in London
  • HK fire rages on box ship
    HONG KONG marine firefighters are continuing today to fight a fire aboard a box ship that's so stubborn it might continue for another two days
  • German marine suppliers hit
    GERMAN shipbuilding suppliers expect stable revenues this year, but the order slump and cancellations will cause them severe troubles in 2010-11
  • CSAV selling its Agunsa shares
    CHILE'S container operator CSAV will sell its stake in Agunsa this week, CSAV sources told Fairplay
  • Post-mortem on passenger death
    A UK CRUISE ship passenger has died of an apparent heart attack and 150 passengers on the same vessel are sick in a suspected outbreak of norovirus

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The Journal of Commerceweb site
JULY 7, 2009
  • Freightliner Rolls Out Natural Gas Truck
  • Trans-Pacific Carriers Seek Drastic Rate Hike
  • Milan Express, New Century Form LTL Partnership
  • Report: Infrastructure Spending to Fall in 2009
  • Qantas Pleads Guilty to Price-Fixing in Canada
  • Japan to Review Antitrust Decisions Against 5 Forwarders
  • EC to Launch Program to Boost Shipping's Image
  • Maersk to Cut Taiwan Berth Usage
  • Steel Importers Fight 'Cap and Trade' in Senate
  • MSC Expands Golden Gate Service
  • Air France-KLM, British Airways See Cargo Improve
  • Russia and China Eye New Reserve Currency
  • Marseilles Box Volume Down 1 Percent
  • CKYH Alliance to Add Vietnam-USEC Loop
  • Agility Awarded Option on U.S. Army Contract
  • Bertram Picked for DOT's Finance Post

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Containerisation Internationalweb site
JULY 7, 2009
  • Drewry paints bleak picture
  • Greenback feels the heat ahead of G8 summit
  • Tanger Med II presses on regardless
  • Honduras: 'containerised cargo still moving'

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TradeWindsweb site
JULY 7, 2009
  • Goulandris buys
    Brokers say Greek shipowner NJ Goulandris is the buyer of Metrostar's newbuilding tankers.
  • Casualty file
    Tanker crew taken hostage and deadly AHTS sinking lead weekly WebTV roundup of casualty incidents.
  • 'Panic' hurts rates
    Transpacific Stabilisation Agreement seeking new revenue after contract negotiations result in "unsustainable" rates.
  • Barge notes close
    Barger owner American Commercial Lines signs up $390m credit facility after placing $200m in notes.
  • OSG loss-bound
    Lazard Capital Markets analyst expects second-quarter loss but remains bullish on New York tanker owner's stock.
  • Hanjin in frame
    Korea Line, Hyundai Merchant and STX joining Hanjin in selling ships to Kamco, report claims.
  • Aries in doubt
    In annual report, PricewaterhouseCoopers raises "substantial doubts" about US-listed owner's ability to continue.
  • Diana upgraded
    Cantor Fitzgerald upgrades Diana Shipping thanks to charter coverage, "healthy balance sheet" and the chance for expansion.
  • Sea Star 'in talks'
    Media reports lead Yannis Vardinoyannis-led Sea Star Capital to own up to share sale talks with investors.
  • High flyer for port
    Woman with an aviation background named director of Haven Amsterdam.
  • More please!
    For the third time, Nexus Floating Production asks bond holders for more time to re-jig finances.
  • Cool cruising
    Huge fleet of robot spray ships proposed as the solution to global warming.
  • Sell-off on
    Philippines readies sale of Batangas phase two after supreme court ruling reducing land compensation.
  • Supply strong
    Owners still keen to scrap old ships, but many remain unsold as buyers hold back.
  • Pimentel returns
    Former Carnival man joins RCCL as head of luxury brand Azamara Cruises.
  • Volumes down
    Indian ports reach 1m teu in first two months, but still 12% lower year-on-year.
  • Food aid
    Taiwanese locals prepare feast for nine crew stranded when the Colombo Queen tanker grounded.
  • Chinese eye VLs
    Oil traders in the People's Republic are buying up large tankers for oil storage off Singapore.
  • Subic attack
    Korean foreman accused of 'frustrated murder' by Filipino worker at Hanjin shipyard.
  • Integrity issue
    Transeuropa crew criticised in accident report for regularly leaving ferry's watertight doors open at sea.
  • Vietnam direct
    CKYH group to start new link from Ho Chi Minh City to US east coast to speed up transits.
  • Cash store
    Odfjell's Singapore tank terminal joint venture bags SGD 200m loan for expansion.
  • One dies, 150 ill
    Man's death on cruiseship in UK 'unrelated' to norovirus outbreak which is said to be second in a row.
  • Two more weeks
    Aker Solutions extends charter of Hurtigruten cruise ship as an accommodation unit until 28 July.
  • Doomed to fail
    Liner sector must change its ways if it wants to survive, says UK-based consultants Drewry.
  • Still ordering
    Japan's yards are still winning newbuilding orders, albeit at much reduced levels from a year ago.
  • COSL goes seismic
    China Oilfield Services Ltd orders deepwater seismic vessel and a survey vessel at domestic shipyards.

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American Shipperweb site
JULY 7, 2009
  • TSA lines plan $500-per-FEU rate hike
  • CKYH lines add direct Vietnam/USEC call
  • Drewry: Carriers face "$20 billion black hole"
  • U.S., Japan continue trade regulation improvements
  • U.S., Japan link trusted trader programs
  • Daewoo Logistics goes under
  • DGX opens first Middle East facility in Jordan
  • Damco selects cargo tracking system
  • Panama Canal opening lock bids Wednesday
  • DHS to assume responsibility for Project Seahawk
  • Former Redwood City port commissioner Smith dies

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The Bunker Bulletinweb site
JULY 7, 2009
  • Tight supply conditions in Hamburg, ARA
    Bunker prices little changed in North Europe on Tuesday.
  • Modern barge launched in Russian Far East
    Singapore-based company says new state-of-the art bunkering vessel can cut delivery time to a fifth of previous norm.
  • Novorossiysk company aims higher
    Plans to raise bunker sales by 3% in 2009.
  • Pakistan floats another fuel oil tender
    Seeks over a million tonnes of HSFO and LSFO for August to November delivery.
  • Bunker prices stable
    Crude oil prices rebounded in after-hours trading on Tuesday.
  • Shenzhen prices lose competitive edge to HK
    Deliberate move by Shenzhen's dominant supplier to end 'cut-throat' competition.
  • Asian fuel oil prices continue to slide
    Cracks holding steady however as supply squeeze expected in July.

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