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23 September 2020 The on-line newspaper devoted to the world of transports 02:23 GMT+2

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The Business Timesweb site
JULY 9, 2009
Shipping News
  • International port trade seen to dip 10%
    Trade at international ports is on track to drop by more than 10 per cent this year, one of the steepest declines ever, according to a new maritime industry report.
  • Barclays books supertanker to store gas oil
    Barclays Bank plc has booked a supertanker to store gas oil, becoming the second investment bank to cash in on a potentially lucrative multi-million dollar oil trading play, industry sources said yesterday.
  • Shipping insurance up 10-fold due to piracy: paper
    Piracy at sea off the horn of Africa has caused a 10-fold increase in insurance premiums for shipping companies, business daily Borsen said yesterday citing a Norwegian ship insurer.
  • Pirates seize Turkish ship off Somalia
  • Panama Canal to name best bid for US$3.4b lock-building project
  • DHL starts LCL services to 3 ports from Bangkok

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Sched Netweb site
JULY 9, 2009
  • Asia-US carriers seek 50pc hike, US$500/FEU above spot rate
  • AADA levies US$600/FEU August 1 on mainland/HK cargo to Oz
  • MSC to upgrade capacity on Far East US east coast loop
  • MOL Prosperity fire smoulders on, but almost out: HK officials
  • CKYH Alliance to call on Vietnam in US east coast service
  • Idle container shipping capacity falls, as scrapping increases
  • International trade slump ravishes China's ports
  • MOL claims its Vietnam/LA loop fastest and most direct
  • Zhuhai Free Trade Zone opens Xiyu Terminal
  • Northwest China's first bonded logistics park begins construction in Xian
  • DP World refuses exclusive berthing for Ethiopian flag carrier
  • Chittagong to implement new container terminal software
  • Dar es Salaam customs strive for greater efficiency
  • US Marines fix old boxes to gain capacity for Iraq withdrawal
  • US investigators find ABX Air Cargo fire due to short circuit
  • Continental's consolidated June load factor rises 1.1 points
  • Qantas takes delivery of second A330 for RAAF tanker conversion

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Exim Indiaweb site
JULY 9, 2009
  • SCI offers regular coastal shipping services, says official
  • ABG may revise offer for Great Offshore as Bharati ups price to Rs 405/share
  • EC joins drive to improve image of shipping industry
  • Spices lose flavour overseas as exports dip by 23 pc in April-May
  • Ban on Indian drugs: Govt to hold talks with Libya
  • Seafood exports earn more in 2008-09
  • Aswani seeks longer discussions on Port workers' wages
  • Rites to undertake consultancy services at vpt
  • Ministry to press for fast-track clearance of 30 road projects
  • Work on rail freight corridors progressing satisfactorily, says official
  • Assocham: Improve tax collections to bridge fiscal gap, not by revoking sops
  • Textile sector feels marooned in sea of recession
  • Fiscal deficit to be brought down to 3 pc by 2012-official
  • CCI has power to penalise unfair market players-official
  • New strategic thinking needed to overcome global gloom, feels SA strategist
  • India's prosperity is music to Obama's ears

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Maritime Global Netweb site
JULY 8, 2009
  • Turkish bulker seized off Somalia
  • CSBC delays Yang Ming ships
  • Korean carriers sell ships to state
  • Evergreen ship completes first Pacific GHG voyage

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Marine Logweb site
JULY 8, 2009
  • Repairs to collision sub to cost another $21.6 million
  • Somali pirates hijack Turkish bulker
  • Bender lists top unsecured creditor claims
  • E.R. Schiffahrt names first bulker at Vinashin Shipyard

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World Wide Shipperweb site
JULY 8, 2009
  • TSA member carriers plan series of rate increases
  • Port of Everett calling for Port Commissioner applications
  • Port of Tacoma schedules free bus tour for July 31
  • Port of Tacoma making headway on clean air strategy implementation
  • Port of Seattle extends deadline for Eastside Rail Corridor purchase

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Lloyd's Listweb site
JULY 8, 2009
  • Financial aid for Hapag-Lloyd
    CONTAINER line's shareholders have agreed to help the stricken container line.
  • Hapag-Lloyd owners consider applying for state aid
  • Yards look to cruise sector for new orders
    ORDERS for new cruiseships could resume next year as shipbuilders suffer from a dearth of new business.
  • Tanker crew training cuts pose threat
    WORRYING trend in accidents on tankers partly caused by lack of experience of crews.

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Fairplayweb site
JULY 8, 2009
  • Pirates seize Turkish bulker
    PIRATES today hijacked a Turkish bulk carrier with 23 crew in the Gulf of Aden, the owner said
  • Korean owners plan fleet sale
    A GOVERNMENT-linked financial institution has formed a sale and lease-back scheme for Korean shipping companies facing a financial crunch
  • 'Hole-in-one' German oil strike
    GERMANY'S Wintershall has had a significant oil and gas strike on the Norwegian continental shelf, according to an IHS Global Insight report today
  • China said to cut iron price
    THE CHINESE Iron & Steel Association has reportedly signed a deal with iron ore suppliers calling for a one-third price cut
  • Aker inks key Brazil contract
    NORWAY'S Aker Solutions told Fairplay today it has signed a landmark contract with Maersk FPSOs for mooring installation offshore work in Brazil
  • 1 dead, several hurt in Tuzla blast
    ONE WORKER was reported killed today and several have been injured following an explosion in Turkey's Tuzla yard zone near Istanbul
  • Croatia buyers must cough up
    INVESTORS taking over four Croatian yards were reportedly told today they must spend at least €10M ($13M) each on upgrades

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The Journal of Commerceweb site
JULY 8, 2009
  • IMF Sees Slow Global Recovery
  • Diesel Prices Dip Again
  • Zim to Set Peak-Season Surcharge
  • Lufthansa to Launch Freighter to Guadalajara
  • Hapag-Lloyd Shareholders Agree to Aid Package
  • Spanish-Italian Consortium Is Low Bidder for Canal Project
  • DHL Launches Direct LCL Services
  • DOT Pushes Stimulus Out Faster
  • St. Lawrence Seaway Slump Continues
  • Hamburg Sud, Alianca to Raise Surcharges
  • Indian Railways to Standardize Freight Schedules
  • Daewoo Logistics Reportedly in Bankruptcy
  • Locke: Russia Might Join WTO Unilaterally
  • Marseilles Port Weighs Stake in Intramar Terminal
  • Evergreen to Cut Fleet by a Sixth

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Containerisation Internationalweb site
JULY 8, 2009
  • Peak season for Zim
  • LA & LB revise down container forecasts
  • US may limit oil speculators
  • South Korea launches sale and lease-back fund
  • Pacer launches new Mexican service with Ports America

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TradeWindsweb site
JULY 8, 2009
  • DryShips lifted
    Credit Suisse upgrades bulker and drilling unit owner's stock, the biggest gainer on US markets Wednesday.
  • 'Cesser' rejected
    P&I clubs suffer blow in effort to terminate cover for bankrupt Eastwind's ships as a trustee sells off and abandons ships to lenders.
  • Lending's new low
    It's official: syndicated shipping loans have never been scarcer according to new figures from monitor Dealogic.
  • Petrobras probed
    Petrobras is facing a senate investigation into allegations of tax evasion and rig procurement fraud.
  • Santos wins lease
    Terminal operator Santos-Brasil wins for 165,000-square-metre car export terminal in Sao Paolo state.
  • 5 after Brazil deal
    Petrobras tender for eight FPSO hulls draws in a handful of consortia, with participation from Keppel, SBM Offshore and others.
  • Tuzla blast
    Explosion rocks shipyard near Istanbul, with one worker confirmed dead and several feared injured.
  • Evergreen cuts
    Taiwanese containership owner now to axe 31 units from fleet with scrapping to continue.
  • Turkish ship taken
    Bad weather not enough to stop Somali pirates seizing Turkish bulk carrier in Gulf of Aden.
  • Aussie advance
    Dubai's DP World signs third port deal in Australia this year with contract for Port Botany.
  • CBSC wins duo
    Taiwanese yard group to build two 40,000-dwt tankers for domestic oil refiner and charterer CPC.
  • Oslo SGX tie-up
    Agreement seeks to promote the secondary listing of companies on each other's exchanges.
  • Toddler rescued
    One-year-old airlifted to Alaskan hospital after fall on Royal Caribbean cruiseship.
  • Bharati better
    Indian shipyard builds annual profit as revenues rise more quickly than costs.
  • Swan gets charter
    UK cruise company Swan Hellenic signs Minerva up to "significant whole ship charter".
  • Ro-ro grounds
    Three tugs eventually manage to pull Rederi Transatlantic ship free off Germany after it suffered rudder failure.
  • Sickness spreads
    German operator axes UK cruise as hundreds more show norovirus symptoms on Marco Polo.
  • China inches up
    Official figures show a 5% increase in cargo throughput on the back of commodity imports.
  • Offer upped
    India's Bharati Shipyard goes well above rival ABG's price in bid to take control of Great Offshore.
  • Norwegian buy
    UK LNG carrier systems maker Hamworthy expands into oil sector with purchase of Aibel AS's technology division.
  • Ficaria fire
    DFDS ro-ro reportedly suffers minor damage after blaze at German shipyard.
  • Fullers buys
    New Zealand owner takes over Coromandel to Auckland ferry service from 360 Discovery.
  • EOC results flat
    Singapore offshore outfit sees profits little changed from a year ago as revenues decline by 15%.

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American Shipperweb site
JULY 8, 2009
  • Evergreen to remove 31 older ships from fleet
  • Canada Competition Bureau fines Qantas
  • Icelandair adds two U.K. services
  • DHS ready to pre-clear flights from Ireland
  • Obama wants union attorney to head STB
  • FedEx Ground opens larger Chicago hub
  • DOT seeks $20 billion for highways, transit
  • White House continues food safety push
  • DSC Logistics bags tea contract
  • DHL starts guaranteed LCL service from Bangkok
  • K + N opens Chongqing office
  • FMC reviews 13 OTI license applications
  • Pacer offers six weekly services to Toluca terminal
  • Halifax launches LCL service

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The Bunker Bulletinweb site
JULY 8, 2009
  • St. Petersburg fuel oil exports rise
    Transshipment up by 5% in the first half of 2009.
  • Bunker prices down mid-week
    Tight avails in Rotterdam and Hamburg.
  • Crude continues losing streak
    Analyst predicts oil could fall to $50, US inventory data contributes to bearish trend.
  • Bid to end container trade 'panic'
    Liner alliance announces 'voluntary guideline' rate increases, bunker surcharges to rise.
  • Bunker fuel prices soften
    Key bunkering ports see prices but Tokyo Bay facing very tight supplies.
  • Chimbusco extends reach
    Bonded bunkers now available at Yangshan port near Shanghai.
  • Repsol mulls offers for YPF
    China's CNPC reportedly offered up to $14.5 billion for a 75% stake in the company.
  • Iranian supplier expanding services in Persian Gulf
    To start in Asaluyeh port 'very soon' while operations in two other Gulf ports will commence next week.
  • Lanka IOC charters bunker tanker from Prime Tankers
    1,800 mt bunker tanker to operate in Colombo.
  • Drewry says more container liners to collapse this year
    Container liners forecast to suffer collective losses of $20 billion in 2009.

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