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10 December 2019 The on-line newspaper devoted to the world of transports 09:47 GMT+1




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The Business Timesweb site
JULY 10, 2009
Shipping News
  • Alinghi launches new catamaran for America's Cup
    Swiss America's Cup defenders Alinghi launched their giant catamaran for a duel against US rival Oracle by airlifting it into Lake Geneva on Wednesday.
  • Antwerp port sees no recovery before 2010: CEO
    Antwerp port, Europe's second biggest, will see a recovery in cargo volumes at the beginning of 2010 at the earliest, its chief executive said on Wednesday.
  • Hapag-Lloyd seeking up to 1.75b euros in capital: sources
    Hapag-Lloyd AG, Germany's largest container shipping line, is seeking as much as 1.75 billion euros (S$3.5 billion) in capital from lenders and shareholders including TUI AG, two people familiar with the matter said.

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Sched Netweb site
JULY 10, 2009
  • MOL Prosperity fire extinguished after week-long blaze
  • CSCL, Cosco chiefs upbeat, but say capacity cuts key to recovery
  • Evergreen Marine to retire 31 older ships, 16pc of its fleet
  • China Merchants JV emerges as sole bidder to build Colombo CT
  • State Council wants direct rail to Yangshan to boost Yangtze access
  • Chongqing starts building China's first inland bonded port area
  • Deployable idle intra-Asia capacity stymies rate recovery
  • Baltic Dry Index off 9pc with further declines expected
  • With flammables aboard, risk too high to arm crews: Intertanko
  • China Southern launches Urumchi and Zhengzhou flights
  • Martinair Cargo launches twice weekly Chennai service
  • Canadians fine Qantas US$133,620 for price-fixing

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Exim Indiaweb site
JULY 10, 2009
  • Container sector to feel full heat of recession this year
  • 15 pc of new vessel orders may be cancelled
  • SCI hikes rates by $ 200/TEU on India-Red Sea trade lane
  • OOCL's efforts to cut emissions lauded
  • Cardamom spices up exports
  • Basmati MEP may be cut
  • NM Port braves torrential rains to handle record 1,436 TEUs from single ship
  • Rlys earns more in Q1
  • Intensity of export crash lessening every month-Sharma
  • Budget makes out case for DTAAs with tax havens too
  • IMC finds Budget promising
  • New rules on anvil to ensure cheaper loans for SEZs
  • Bid to dilute Excise Act resented
  • World economy not out of woods yet-G8
  • YES-AIAI talk on Governance Strategy in Godrej
  • Crude price sinks to $ 62 a barrel

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Maritime Global Netweb site
JULY 9, 2009
  • HKSOA slates Taiwan over "Tosa" crew treatment
  • PayCargo aims to slash invoice costs
  • Moore Stephens urges lease accounting action
  • Somalia "could have coast guard patrols by end of month"

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Marine Logweb site
JULY 9, 2009
  • MARAD announces $17.1 million in grants to small shipyards
  • Gazprom plans to build LNG tankers at Russian yard

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World Wide Shipperweb site
JULY 9, 2009
  • Port of Astoria nearly finished with Pier 2 North Face improvements
  • Alaska Airlines testing scheme to improve approaches at Sea-Tac
  • General Dynamics Electric Boat nets Navy submarine repair deal
  • Best Value proposal named for Panama Canal upgrades
  • Evergreen ship set to monitor greenhouse gas emissions at sea

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Lloyd's Listweb site
JULY 9, 2009
  • Trade credit woes hit Zim fuel supply
    ISRAELI carrier is early casualty as insurers take tougher line.
  • Trade credit 'all but collapsed'
  • Salvors warn of influence on arbitrators under new LOF plans
    INTERNATIONAL Salvage Union says powers to hire and fire arbitrators "totally unacceptable".

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Fairplayweb site
JULY 9, 2009
  • Hapag cash injection agreed
    HAPAG-Lloyd shareholders have agreed to make an urgent injection of new finance into its shipping line after heavy losses caused by the slump in global container shipping rates
  • Renegade reefer off Odessa
    THE BLACK Sea's rotting meat stew is marinating even more intensely today, with a renegade reefer ship anchored off Odessa to force a resolution
  • Aker axes yard workforce
    NORWAY'S Aker Solutions confirmed to Fairplay today that it will cut 155 jobs this autumn at its shipbuilding yard in Verdal
  • G8 addresses oil sector prices
    OIL PRICES, and their ties to the struggling tanker sector, are a main focus for leaders of the west's most powerful countries at the G8 summit in Italy
  • Venezuela cuts Honduras oil supply
    VENEZUELA'S state oil company PDVSA has cut its daily oil shipments to Honduras, the country's energy and oil minister said today
  • UK health office raps Transocean
    GERMANY'S Transocean Tours could be facing legal action today after failing to inform the London Port Health Authority about illness on board cruise ship Marco Polo
  • Russian insurer to offer Japan cover
    A RUSSIAN insurance company said today it has won the right to insure ships in Japan's maritime belt

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The Journal of Commerceweb site
JULY 9, 2009
  • Port of NY/NJ Gets Green Grants
  • FMC Nominee Pledges to Cooperate With Industry
  • Evergreen to Assist Greenhouse Gas Monitoring
  • Analysts Dismiss Trans-Pacific Carriers' Rate Plea
  • Chile's CSAV Raises New Equity
  • Maersk Revises Northern Europe-Mediterranean Loop
  • Asia-Australia Discussion Agreement to Hike Rates
  • 'Brutal' Cargo Market Hammers Air France-KLM
  • Pirates Capture Turkish Cargo Ship Off Somalia
  • G-8 Calls for Cuts in Greenhouse Emissions
  • Kuehne + Nagel Opens Office in Chongqing, China
  • Teamsters, YRC Reach Tentative Agreement
  • EXL acquires Schneider Logistics' operations in Czech Republic
  • Lufthansa Cargo Freight Falls in June
  • iSuppli Reduces 2009 Semiconductor, Electronics Forecasts

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Containerisation Internationalweb site
JULY 9, 2009
  • Yang Ming and CSBC agree boxship deferrals
  • Halifax launches LCL service
  • Turkish bulker captured by pirates
  • IMF more optimistic on recovery
  • Panama Canal locks winning bid revealed

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TradeWindsweb site
JULY 9, 2009
  • $330m to CEO
    Nasdaq-listed owner DryShips buys 25% stake in Primelead from CEO George Economou's Cardiff Marine.
  • LNG terminal row
    Appellate court in Chile weighs in after mayor orders closure of import terminal as first LNG shipment arrives.
  • Kirby upped
    Expecting it to meet or beat estimates, JP Morgan analyst raises Joseph Pyne-led tank-barge player to "overweight".
  • Scrap shift?
    Chinese shipyards are considering a move from shipbuilding to demolition, Drewry says.
  • CGG feeling used
    Utilisation rates improve for New York- and Paris-listed seismic player but do not include decommissioned 3D vessel.
  • Suez Canal plot
    Egypt holds 26 Al-Qaeda suspects over plan to attack transiting merchant ships.
  • Full partner
    Golar to invest hundreds of millions of dollars for 50% stake in Thai floating LNG project.
  • Growth cash
    Tank terminal player Vopak picks up EUR 110m in commitments to fund expansion.
  • 'Great success'
    Chilean liner operator's latest capital increase nets more than expected at $145m as the cash-strapped company bolsters finances.
  • Head-on smash
    Malaysian vessel under tow after taking on water in collision with Japanese cargoship off Tokyo.
  • Optima lock deal
    Greek shipbroker in innovative $200m Panama Canal 'newbuilding' project.
  • Two-year high
    Containership sales race to highest level since mid 2007, driven by distress deals.
  • Box theatre
    London's Young Vic invites actors and audience inside 40-foot container for new play about migrants.
  • Dry dollars
    Oslo-listed Golden Ocean nets $5m profit from two-year panamax charter.
  • Russian arrest
    Eight Russian crew of Cambodia-flagged ship have it seized in Vladivostok over alleged unpaid wages.
  • Cutting back
    Norwegian yards ASV and Bergen Group Fosen laying off workers as demand drops in downturn.
  • Panamax king
    Japanese owners have surpassed Greeks and Chinese in having the most
  • Hapag wins cash
    Major shareholders of German container line to put hands in pockets to nurse it through rough patch.
  • MEND: 'Not us'
    Nigerian rebel group holding Sichem Peace crew hostage denies kidnapping five Chinese fishermen.
  • Gas blamed
    Fatal blast at Turkish shipyard likely to have been caused by gas build-up in fuel tanker.
  • Volumes down
    Trade association says container trade between China and Japan slipped by over 13% in May.
  • Loan needed
    Vyborg Shipyard's new plant in Primorsk dependent on cash from Vnesheconombank.

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American Shipperweb site
JULY 9, 2009
  • NOL: "No assurance" TSA rate hike will happen
  • China, Taiwan shippers press against surcharges
  • WSC gets IMO consultative status
  • Report: Traffic congestion eased in '07
  • USDA raises plant export certification user fees
  • Food safety expert rejoins FDA
  • Aircraft instruments firm settles U.S. export violations
  • Panama Canal Authority opens bids
  • DP World extends Port Botany lease

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The Bunker Bulletinweb site
JULY 9, 2009
  • MARPOL Annex VI aspects up for consideration
    MEPC to consider revised fuel oil sampling guidelines and interim scrubber washwater criteria.
  • European bunker prices still falling
    Heavy barge congestion continues in Rotterdam.
  • GHG emissions topping agenda at IMO meeting
    Next week's MEPC session to hold 'in-depth debate' on possible market-based instruments.
  • Oil prices cannot be regulated, Russia tells G8
    UK and France spearheading campaign to curb oil price volatility.
  • Tight supplies underpin market
    Prices firm in several key ports despite fall in crude last night.
  • Chinese fuel oil imports slowing
    Demand for feedstock and strong bunker demand in Asia may offset decline.
  • Singapore stocks of fuel oil, distillates fall
  • 2008 sees record low tanker oil spills
    Oil spills at record low despite a rise in tanker trade globally.
  • Malacca Straits fund grows
    Nippon Foundation contributes another $2.5 million.




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