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01 June 2020 The on-line newspaper devoted to the world of transports 02:53 GMT+2

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The Business Timesweb site
NOVEMBER 9, 2009
Shipping News
  • China hosts int'l talks on piracy
    China on Friday opened a two-day international conference on efforts to protect shipping in the Gulf of Aden from Somali pirates, the Defence Ministry said.
  • Baltic Dry Index up 9.4% for 6th weekly gain
    The Baltic Dry Index, a measure of shipping costs for commodities, posted a sixth weekly advance as rates for smaller iron-ore transporters rose to the highest in more than a year.

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Sched Netweb site
NOVEMBER 9, 2009
  • CMA CGM adds Singapore call to round-the-world PEX3
  • China signs deal to build box terminal in Sudan
  • Evergreen removes more ships and trims services
  • Spain legalises shipboard armed guards against pirates
  • OOCL adds Atlantic US$400 peak season reefer surcharge November 12
  • French dockers stage one-day strikes at seven ports
  • Maersk to call at Antwerp on Far East-transatlantic run
  • China advises its shipping lines to buy distressed ships
  • SAECS member lines to start South Africa-Europe reefer service
  • ICTSI down 29pc in first nine months, but rises in Q3
  • St Petersburg reefer cargo down 26.2pc
  • Cargotec to supply Namport, Namibia with six RTGs
  • Norfolk Southern third quarter profit falls 42pc to US$303 million
  • BA World Cargo suffers 30pc sales loss, BA to cut 3,000 jobs
  • Regulator rejects night flight ban at Burbank airport
  • Postal Airlines launches Changchun-Jinan-Nanjing service
  • Hainan Airlines and Malaysia Airlines sign co-op deal
  • India's air cargo industry shows signs of recovery

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Exim Indiaweb site
NOVEMBER 9, 2009
  • Ron Widdows taken aboard P&I Club
  • Global shipowners may get more loans now
  • Shipping costs seen rising 7.8 pc by year-end
  • New Panamax named OOCL Dalian
  • Singapore cos sail away with accolades at Lloyd's List Asia Awards function
  • Somali PM wants pirates cornered from landside
  • Phenomenal surge in cotton exports
  • India firm against non-trade issues in FTA talks with EU
  • With global economy reviving, oilmeal exports double in October
  • Antwerp Port Authority chief coming on a mission
  • Gangavaram port takes rapid strides
  • Kulkarni seeks MoS' stand on foreigners 'acquiring' terminals
  • VPT takes steps to lure more cargo, home in on fiscal target
  • Team Leader Logistics launched
  • Deccan 360 takes off to logistics future
  • No hasty implementation of Direct Tax Code, Pranab assures taxpayers
  • NCAER lowers GDP growth projection to 6.9 pc
  • SEZs buck global downturn
  • Divestment of 10 pc stake in PSUs calculated to yield Rs 60,000 crore
  • Wheat MSP hiked by Rs 20
  • MRTPC given quiet burial
  • EPCES gets acquainted with Chinese scheme of things

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International Transport Journalweb site
NOVEMBER 5, 2009
  • DB Schenker Rail building port of Szczecin hinterland links
    Karsten Sachsenr'der, a member of DB Schenker Rail's management board, told customers at a meeting in the DB Port Szczecin (Poland) that his company is planning to further strength...
  • Panalpina profits slide
    The Basel-based Swiss transport and logistics corporation Panalpina Welttransport (Holding) registered a 34.7% decline in net forwarding revenue in the first nine months of 2009, f...
  • K+N inaugurates huge logistics centre in Hamburg
    Ole von Beust, first burgomaster of the free and hanseatic city of Hamburg, and Klaus-Michael Kühne, Kuehne + Nagel International's president of the board, inaugurated one of the K...
  • JCL acquires majority stake in Kraus & Pabst
    The Austrian enterprise JCL Transport und Logistik, which is based in the Cargo Center Graz, acquired 74.9% of the German forwarding company Kraus & Pabst in early November. JCL wi...
  • Logwin returns to profit zone in Q3
    The Grevenmacher-based Luxembourgian freight forwarding and logistics company Logwin has returned to the profit zone. After three successive quarterly losses the corporation genera...
  • Klaus-Michael Kühne worried about port of Hamburg
    Klaus-Michael Kühne, Kuehne + Nagel International's president of the board, has urgently called on politicians and players in the Hamburg port economy "to do more to make sure...
  • New direct Rotterdam-Salzburg railfreight shuttle
    The port of Rotterdam is set to receive a direct Salzburg railway shuttle, with calls at the Rail Service Center (RSC) in the Eemhaven area and at the ECT Maasvlakte facility. The ...

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Maritime Global Netweb site
NOVEMBER 6, 2009
  • Probo Koala compensation tussle
  • GL's guidance on sulphur limits
  • ABB and Fincatieri in cold ironing project
  • Spy in sky nabs three

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Marine Logweb site
NOVEMBER 6, 2009
  • Yantai Raffles buys jack-up yard
  • Todd reports increased income

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World Wide Shipperweb site
NOVEMBER 6, 2009
  • Coast Guard port captain closes Columbia/Tillamook bars
  • Weekly rail freight traffic count continues downward swing
  • Working waterfront artwork on display at Port of Seattle
  • Wood products association predicts lumber demand upswing
  • APL earns top spot in Lloyd's List competition

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Lloyd's Listweb site
NOVEMBER 6, 2009
  • Spain urged to stay calm as pirates issue death threat
    No indication similar tactics will be extended to other captured crew in the region.
  • Pirates will kill Ariana crew once fuel runs out
  • CMA CGM bank talks delayed
    Debt restructuring negotiations fall behind as line urges customers to ignore rumours.
  • DVB Bank warns of sustained aframax bear market
    Benefits of any increase in crude oil demand unlikely to filter down to sector.
  • Tsakos Energy detects positive signs
    Appetite to employ vessels for longer term charters encouraging, says Nikolas Tsakos.
  • Brussels in new push to join IMO
    Lisbon Treaty gives further impetus for European Union to have greater say.

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Fairplayweb site
NOVEMBER 6, 2009
  • TEN Profits Plunge
    TSAKOS Energy Navigation's profits dropped 95% to $2.1M in the third quarter as charter rates fell 37%. Revenues decreased 33.4% to $82.8M in the quarter
  • Statoil plans for a busy future
    NORWAY'S Statoil is determined to maintain high levels of activity despite the downturn, it told Fairplay today
  • Balkans to resolve border dispute
    BALKAN neighbours Croatia and Slovenia have signed a deal to settle a long-running border dispute
  • West Africa oil co welcomed
    ANALYSTS have cautiously welcomed the imminent establishment of a new oil company to exploit reserves in West Africa's Gulf of Guinea

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The Journal of Commerceweb site
NOVEMBER 6, 2009
  • Jet Fuel Price Rises 9.7 Percent In October
  • BNSF's Rose: Berkshire Deal 'Warmly Received' in Capital
  • Senate Confirms Ferro as FMCSA Chief
  • U.S. Sheds Transport Jobs in October
  • NOL Moves Administration to Chongqing
  • BNSF, Engineers Union Reach Agreement
  • FreightCar America Profit Dives 89 Percent
  • Wilhelmsen Seeks Green Projects
  • British Airways Fined for Price Fixing
  • OOCL Christens Panamax Vessel
  • OOCL Imposes Peak Season Surcharge
  • British Airways Slumps to Record Loss

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Containerisation Internationalweb site
NOVEMBER 6, 2009
  • The dark side of containerisation
    In the same week that the UK's BBC 'The Box' year-long container monitoring project reached its final destination, proudly perched on the forecourt of Television Centre, London; another 36 of Malcom McLean's proteges were being prised open in disgrace at Israel's port of Ashdod.
  • Panalpina still suffering
  • Evergreen disputes media lay-up reports
  • MOL ups rates on strong demand transpacific westbound tradelane
  • FESCO asks for help
  • Bunker costs surge 15%

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TradeWindsweb site
NOVEMBER 6, 2009
  • Yosemite sold
    Eastwind Maritime lumber carrier fetches $6m on the auction block in Vancouver from low-profile Turkish owner.
  • Crew lucky
    WebTV footage shows rescue of crew from the storm-stricken general cargoship Lucky Dragon.
  • No jail time
    After master sent to prison, Theotokos chief engineer sentenced to five years of probation, including ban from US.
  • Construcap busy
    Brazilian construction firm negotiating to build yard in Brazil's south also is setting up facility at the port of Suape.
  • Sold and replaced
    Nikolas Tsakos' New York-listed company sells 2002-built suezmax, with the buyer keeping an option to buy a sistership. Sungdong newbuildings replace.
  • First AHTS laid-up
    Eidesvik Offshore confirms stacking of the anchor handler Viking Troll due to insufficient spot market rates.
  • 'Windy' plot
    Yuri Privalov admits conspiring with Richard 'Windy' Gale as $17m ship valuation from Clarkson comes under scrutiny.
  • Navigators up
    New York insurer Navigators Group posts higher profits as net written premiums rise in the marine sector.
  • Flinter adds five
    Dutch cargoship player to merge Finnish owner Nordic Chartering's fleet into its operations.
  • Lipp service?
    Geneva's Lipp Brasserie was site of disputed meeting between Sovcomflot executives and broker Chris Bonehill to discuss gift of yacht to President Putin.
  • HOS accordion
    Hornbeck Offshore Services strikes amendment to credit facility permitting $100m increase.
  • $50m at risk
    Compensation for Ivorian claimants from the Probo Koala case could fall into the wrong hands.
  • China pulls clear
    Chinese owners extend their lead over their Greek rivals as largest buyer of dry tonnage as S&P market takes off in October.
  • It's quotes time
    A shipbroker denounces greed, a shipping executive admits to being a thief and a shipowning family have a tiff.
  • Tanker trough
    Greek owner Tsakos Energy Navigation's nine-month profit slashed, but anticipates better markets next year.
  • Slow going for JES
    Delayed deliveries hurt Singapore-listed shipbuilder's bottom line in the third quarter.
  • New5 in Numb3rs
    K-Line switches boxships for capesize trio at Hyundai Heavy, Jo Tankers laughs off sale talk and Clarksons pinpoints VLCC price crash.
  • Banking on oil
    CH Offshore says rates will not fall further with oil above $75 per barrel as its first quarter profit slips.
  • Shanghai switch
    NOL's latest cost cutting initiative will see 200 jobs decamped from Shanghai to Chongqing.
  • Sado to soar
    Japanese ferry owner forecasts strong final quarter to boost result after racking up nine-month loss.
  • Oops!
    Boxship Husky Racer loses 18 containers at Bremerhaven, with eight falling on to neighbouring Maersk vessel.
  • Crewman lost
    A 27-year-old feared dead after falling from German containership in Elbe near Hamburg.
  • Garware goes long
    Indian owner ties up spot-trading PSV on two-year deal in the North Sea worth nearly $10m.
  • Shih Wei chopped
    Taiwanese bulker owner still making a profit this year, but gains shrink dramatically.
  • Levant launch
    Maersk Line reaches out to eastern Med and central Europe with new service from Adriatic.
  • Finnish failure
    Cruiseferry owner Viking Line records bigger loss in first six months as depreciation costs rise.
  • Kyoei cut
    Japanese tanker owner sees profit fall in weaker first-half markets.
  • Seadrill pays out
    John Fredriksen-led rig owner restarts dividends as it reports four-fold increase in third quarter profits.
  • 'Off the bottom'
    Todd Hornbeck finds sole bright spot after US offshore owner lays-up more ships in the third quarter.
  • New S'pore yard
    SembCorp Marine to spend initial SGD750m on new facility in Tuas to combat drydock capacity shortfall.
  • Seanergy flat
    Restis drybulk operation sees little improvement in results despite acquisition of more ships.
  • Ferry deaths
    Two Dutch nationals killed in collision between Hong Kong passengership and sand barge.
  • We're out
    Korea's KTB Securities will not bid for troubled domestic shipbuilder C&Heavy.
  • Inui crashes
    Japanese bulker owner posts huge fall in interim profit as revenues plunge.

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American Shipperweb site
NOVEMBER 6, 2009
  • NOL establishes service center in China
  • Soros invests in Global Ship Lease
  • CMA CGM adds Singapore to PEX 3
  • J.B. Hunt in deal with Norfolk Southern
  • CBP installs oversight plan for ISF penalties
  • JDA makes another run at i2
  • U.S. wants tuna-dolphin dispute with Mexico kept in NAFTA
  • Port of L.A.: Emissions down 27% since '05
  • VIT names Ruddy COO

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 6, 2009
  • Statoil slams down on politicians
    The global energy company Statoil slams down on Norwegian politicians for not permitting access to new areas on the Norwegian Continental Shelf, especially areas off Lofoten, Vester'len and Senja, for
  • Polar Marine cancels newbuilding
    Polar Marine, a joint venture between GC Rieber Shipping and Otto Marine, cancels newbuilding no 7038 due to delays. The vessel was ordered in May 2008. The cancellation has been
  • Ace Link working on a reconstruction plan
    Ace-Link is working on a reconstruction plan for the service between Helsing'r and Helsingborg. In the plan, which was presented to the court of Helsing'r on November 5, the

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The Bunker Bulletinweb site
NOVEMBER 6, 2009
  • Fuel and emission saving solution
    Hull and propellor cleaning will prevent wasted bunkers and cut CO2, expert advises.
  • Bunkers follow crude prices downward
    High values from earlier in the week give way to lower numbers.
  • Petro Star to offer ultra-low sulphur diesel
    Refinery reopened following last year's fire.
  • Software delivers 'up to 20 percent fuel savings'
    Seaware Routing version 5 upgraded to optimise short sea passages.
  • IMO Legal Committee clarifies Bunkers Convention certificates
    Draft resolution on the issuing of bunker certificates of insurance to bareboat-registered vessels.
  • Bunker prices mixed in Europe
    No reports of congestion in Hamburg, although prices firming.
  • Prices end week firm in Middle East hub
    Fujairah prices up but Durban numbers heading lower.
  • Two more fuel oil cargoes sold
    Discounts deepening in face of product surplus.
  • Container line pushes through rate rises
    Operator points to rising fuel costs and strong demand.
  • Markets lack clear direction
    380 cSt in Singapore hit another 13-month high after rising a dollar.
  • Fuel oil stocks up in ARA
    Inventories 40% higher than at this time last year.
  • Bigger players 'better placed' for managing risk
    Also trading more conservatively than smaller players.
  • Marine fuels first product on new commodity exchange
    Launched this week, NX-R aims to develop forward markets in various physical commodities.
  • Bonded bunker transfer centre operational at Qingdao
    Port has invested $29.3 million in the project.
  • Chinese refiner secures long-term crude supply
    Petrobras secures $10 billion loan; to export 200,000 bpd to Sinopec unit.
  • Chimbusco arm starts supply at Longkou
    nds history of no bonded oil supply at the Chinese port.
  • China to up bonded storage capacity by 37%
    Development will benefit three regions and be completed in 2012.

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