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03 April 2020 The on-line newspaper devoted to the world of transports 01:08 GMT+2

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The Business Timesweb site
MARCH 10, 2009
Shipping News
  • China Shipping looks for assets
    China Shipping (Group) Co, the nation's second-biggest sea-cargo company, is looking for opportunities to buy assets overseas as shipping lines and port operators struggle with slumping world trade.

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Sched Netweb site
MARCH 10, 2009
  • Beijing calls halt to offers of zero cost freight rates
  • APL to increase freight rates Europe-to-Asia from March 15
  • Two container piers open for business at Taipei port
  • China's box volume posts continuous drop in February of 17pc
  • 'K' Line exits Portland volumes plunge, but still offers Hanjin slots
  • Fairmacs launches new breakbulk service from Singapore
  • Kaalbye Project says its new Singapore office is a success
  • Two day Dakar intermodal conference March 25
  • Singapore Airlines Cargo starts Latin Americas flights
  • Houston's George Bush airport marks Cathay cargo flight
  • FedEx says UPS schemes to destroy its union-free status

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International Transport Journalweb site
MARCH 7, 2009
  • LAN Airlines 80 years old
    LAN Airlines celebrated its 80th anniversary on 5 March. The company operated its first international flight between Santiago (Chile) and Buenos Aires (Argentina) in 1946, launched...
  • First Hong Kong cargo flight lands in Miami
    The first-ever cargo flight from Hong Kong to Miami, operated by Cathay Pacific Airways, took place early in March. It marked the beginning of thrice-weekly service from the world'...
  • Lufthansa Cargo grounds aircraft
    Lufthansa Cargo has taken two MD-11 full-freighters out of service. They will be shut down and parked at Leipzig/Halle airport, on account of the current airfreight downturn. Two m...

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Maritime Global Netweb site
MARCH 9, 2009
  • Cosco Busan pilot pleads guilty
  • Tanker hits sunken rig off Galveston
  • Hamburg Süd reduces S America service
  • UK shipping related business worth $17.5bn

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Marine Logweb site
MARCH 9, 2009
  • Guilty plea in pollution case
  • Chinese vessels hassle U.S. survey ship
  • Tanker takes a tilt off Texas

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World Wide Shipperweb site
MARCH 9, 2009
  • Port Tracker Report predicts continued slowing at box ports
  • Sea-Tac Airport takes home best concessions program honor
  • Seattle-based Coast Guard cutter heading out on Arctic deployment
  • Corps completes repairs on Coos Bay North Jetty
  • California pilot pleads guilty in COSCO BUSAN case

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Lloyd's Listweb site
MARCH 10, 2009
  • Sixteen missing after bulker and car carrier collide
    SIXTEEN seafarers are missing after a collision early today between a bulker and a car carrier about 120km south of Tokyo in Japan.
  • Sinotrans Shipping posts 146% profit surge
    SINOTRANS Shipping saw net profit surge 146% last year, boosted by an increase in profit from dry bulk shipping and the disposal of three very large crude carriers.
  • Trico-Sveaas board seat row deepens
    TRICO says it will disregard shareholder Kistefos' board seat nominations at AGM.

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Fairplayweb site
MARCH 9, 2009
  • Hamburg Süd Med/ECSA capacity cut
    GERMAN container line Hamburg Süd said today it would reduce capacity immediately in its trade between the Mediterranean and the East Coast of South America
  • Bank sees protectionism rising
    THE WORLD Bank has warned about the impact of falling trade on developing countries and sees evidence that protectionist barriers are rising
  • HCI puts owners on the hook
    KG HOUSE leader HCI Capital said today it seeks higher equity contributions from owners for newbuildings considered to be unfit for the German private investor market
  • 17 missing in Egypt sinking
    RESCUE teams are today searching for 17 seafarers missing after their cargo vessel sank off the Egyptian coast

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The Journal of Commerceweb site
MARCH 9, 2009
  • Diesel Drops 4.2 Cents to $2.045
  • Taipei Opens Two Container Terminals
  • Teamsters Seek HOS Reversal
  • Maersk Seeks More Rate Increases
  • Construction Machinery Exports Gained
  • Frankfurt Airport Cuts Hours
  • Royal Mail Says TNT Poached Customers
  • World Bank: Global Economy to Shrink
  • Assessing Improper Accessorials
  • Goldenport Bucks Box Trend, Boosts Profit
  • Lufthansa Grounds Freighters
  • Yusen Opens China Warehouse
  • RedPrairie Revenue Rockets
  • Port of Mumbai to Extend Box Concessions
  • NYK Line Shuffles U.S. Management Team
  • Feds Send Hurricane Funds to Gulf
  • Maersk to Idle up to 25 Box Ships
  • UPS Freight Boosts Service in Midwest
  • DOT Releases $8.4B for Infrastructure
  • Kuehne + Nagel buys oil and gas logistics firm
  • Analyst: No 2009 Freight Recovery
  • Hamburg Sud Combines Med-SA Loops
  • OOCL Launches Online Cargo-Booking
  • 10 Tips for Terminal Operators During a Recession

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Containerisation Internationalweb site
MARCH 9, 2009
  • US stimulus package boost for dredging and equipment handling
  • ICG: 2008 EBITDA down 18%; 2009 'more challenging'
  • Oil price: bottoming out?
  • APL keeps CMX flexible
  • Central Asia gets new rail service

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TradeWindsweb site
MARCH 9, 2009
  • Hamburg Sud cuts
    South America-to-Mediterranean service to have reduced capacity in rationalisation move.
  • DNV profit grows
    But Henrik O Madsen-led class society Den Norske Veritas expects maritime sector revenue to fall in the next few years.
  • 25 face lay-up
    Maersk Line chief executive says Danish liner operator plans to cut 25 mid-size boxships from service this year.
  • Russian grounds
    Dalmorgeologiya Joint Stock Co-controlled reefer runs aground off Russia's Paramushir island.
  • Star reefer held
    Serious safety deficiencies tie up Argentina Star as US authorities detain eight.
  • Trico board balks
    US offshore vessel owner plans to disregard effort by Christen Sveaas to elect new board members.
  • PGS readies axe
    Jon Erik Reinhardsen-led firm ready to chop Spanish newbuilding as yard proposes hull switch.
  • High on dry
    Sinotrans piles on the profit in 2008 and keeps dividend in place as bulkers defy a sticky fourth quarter.
  • DFDS down
    Niels Smedegaard-led owner predicts zero pre-tax profit this year as annual net slumps.
  • Armada COA fight
    Insolvent chartering group in Rule B move against Indian coal buyer and Dubai shipping company.
  • Search on
    Chinese authorities looking for six crew missing after cargoship capsized off Zhoushan islands on Monday.
  • More inspectors
    Some 300 positions have been added to the Coast Guard marine safety program.
  • Crew missing
    Seventeen men unaccounted for after cargoship sinks in Red Sea off Egypt.
  • Cash for Colombo
    Sri Lankan shipbuilder made more money in 2008 as shipping boomed before the bust.
  • Jilted crew deal
    International agreement sets convention to rescue abandoned seafarers on course.
  • Russian ship free
    Vessel hauled into Norwegian port on suspicion of sinking boat released after a week.
  • Fatal fire
    Yard worker dies trying to extinguish reefer blaze at Asimar in Thailand.
  • Marenave buys
    Tobias Konig-led German shipping trust drives into car carriers with Leif Hoegh deal.
  • Seven scrapped
    More bulkers sent to breakers' beaches last week as prices move up again.
  • Emissions shock
    Ships churn out around half the particulate pollution produced by cars every year, US report says.
  • D-day déjà vu
    Irish ferry owner ICG once again tells long-time suitor to put up or shut up, profit rises.
  • 'Index to fall'
    Goldenport's John Dragnis thinks BDI could go lower but settle at profitable level.
  • From dry to wet
    European owner converts two-bulker contract into deal for three tankers at Hanjin Heavy in Korea.
  • Pilot pleads guilty
    John Cota faces up to 10 months behind bars for his role in the Cosco Busan crash but dodges two felony charges at San Francisco court.
  • Goldenport rises
    Profit from sale of five units the difference as Paris Dragnis-led owner's annual net climbs.
  • Captain Kool dies
    Molly Kool Carney, North America's first licensed female master, passes away aged 93.
  • Big freeze
    No pay rises this year for staff at Danish ro-ro owner DFDS, as economic woes bite.
  • Cargoship sinks
    Up to nine people still missing after cargoship goes down following collision off Indonesia, but body of a child recovered.
  • C&T into repair
    Samsung engineering company has bought a 40% stake in shipyard near Luanda, Angola.
  • Ferry grounds
    Small car vessel forced aground off Aram, Norway, in strong winds.
  • Bulker bashed
    MSI-managed cargoship damaged in collision with fishing vessel off South Africa.
  • Clash probe
    Philippines to investigate collision between two tankers outside port of Manila.
  • STX set for loss
    Frank admissions to analysts point to tough two years for Lee Jong Chul-led STX Pan Ocean.
  • Rig to blame?
    Could a jack-up that sank after Hurricane Ike be to blame for damage to suezmax SKS Satilla ?

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American Shipperweb site
MARCH 9, 2009
  • China says no to zero rates
  • U.S. Lines brand resurfaces
  • Hamburg Süd cuts Med/South America capacity
  • South African Airways joins Cargo 2000
  • Siemens Energy puts wind blades on U.S. rails
  • Exel: "Right-shoring" crucial for sourcing
  • Canada sets policy for Chinese wood packaging
  • Florida court serves up trade convictions
  • Kuehne + Nagel to buy oil and gas specialist
  • Retail container volumes remain low
  • Pilot pleads guilty in San Francisco Bay accident

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The Scandinavian Shipping Gazetteweb site
MARCH 9, 2009
  • Nordic Ferry Services signs up with Austalships
    Nordic Ferry Services A/S has signed up with the Australian shipbuilder Austal for a new high-speed catamaran (HSC) for the service between Rønne on Bornholm and Ystad in
  • New Mærsk rig will transfer under own power
    Maersk Drilling has taken delivery of the first in a series of three semi-submersible drilling rigs from Keppel Fels Singapore. The rig is named Maersk Developer and is flying
  • Pilot risks jail
    An American pilot has pleaded guilty to charges in connection with an accident in the San Francisco Bay. He was piloting the container carrier Cosco Busan when it ran into

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The Bunker Bulletinweb site
MARCH 9, 2009
  • Europe: Markets defy crude gains
    North European markets expected to tighten, but slow day keeps market muted.
  • Fuel management 'growing in importance'
    Technology company says its marine fuel management system has been installed on a US tug.
  • 'Medically unfit pilot' factor in oil spill
    Safety Board makes recommendations following findings.
  • South Korea to import bunker fuel
    Moves to ease product tightness could see fuel oil cargoes coming from Japan.
  • O.W. Bunker opens ARA trading office
    Clients to have 24-hour access to group expertise.
  • Asia: Bunkers rebound on crude oil gains
    Bunker prices on the upswing after soft run last week.
  • Cyclone threat forces suspension of bunkering
    Australian port closed to all vessels.
  • Oil prices 'cannot continue' at low levels
    Iraqi Oil Minister says OPEC may cut supplies when it meets next week.
  • Barge crew shortages hit Singapore
    Shortages could mean delays in bringing new bunker tankers on stream.

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