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01 June 2020 The on-line newspaper devoted to the world of transports 04:16 GMT+2




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The Business Timesweb site
NOVEMBER 12, 2009
Shipping News
  • ASL Q1 net profit halves to $11.8m
    ASL Marine has reported a halving in first-quarter net profit to $11.8 million, from $23.9 million a year ago, on lower ship chartering revenue.
  • Q3 profit at Diana Shipping halved
    Diana Shipping Inc, a carrier of commodities including iron ore and coal, has said that third-quarter profit fell by half as transport rates declined.

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Sched Netweb site
NOVEMBER 12, 2009
  • Zim to levy US$200/TEU Asia-Europe hike from December 1
  • Grand Alliance to telescope Asia-Europe services in winter
  • More rough than smooth in mainland-Taiwan shipping relations
  • World's idle container fleet grows to 1.4 million TEU
  • Cambridge University to provide land to develop Felixstowe port
  • Global Shippers' Forum assess economic outlook
  • Port of Vancouver Washington optimistic despite downturn
  • Nigerian inland box depot north of Port Harcourt starts construction
  • Cathay cargo posts best result of 2009 - 0.8pc drop
  • Hactl announces October tonnage 1.7pc uptick at HK airport
  • Korean Air back in the black, posts profit of US$228.7 million
  • Singapore Airlines group's quarterly loss narrows to US$336 million

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Exim Indiaweb site
NOVEMBER 12, 2009
  • Allcargo commences 3PL division
  • CMA CGM takes delivery of its maiden 13,300-TEUer
  • GST to provide single-largest mutual opportunity for producers & 3PL players
  • Tanker glut pulls down charter rates
  • Canadian PM coming with FTA in mind
  • 13 pc jump in iron ore exports during H1
  • State trading agencies receive 18 bids for rice import
  • VPT launches online system to facilitate lodging of complaints
  • Maran highlights benefits of TUFS to MPs
  • FM may get leeway to clear FDI proposals of higher worth
  • Punjab wants purchase tax kept out of GST regime
  • Adani Welspun Exploration awards Western Geco contract within year of inking PSC
  • BCC&I to hold meet on Financial Reporting today
  • China behind East Asia's recovery, says World Bank

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International Transport Journalweb site
NOVEMBER 10, 2009
  • Hactl announces October tonnage throughput
    Hong Kong Air Cargo Terminals Limited (Hactl) has reported its air cargo tonnage throughput for October 2009. The overall freight volume was further stabilised and began to pi...
  • Port of Gijon wins first Espo award
    The European seaports organisation (Espo) has presented its first Societal Integration of Ports Award to the port of Gijón in Spain for a project entitled "Gijón Port and City...
  • Further delays for Jade Weser Port
    The German port operator Eurogate reported that it did not receive a sufficient number of competitive offers for bitumen paving at the JadeWeser port, and that the tender proc...
  • Greece: tension rising at the port of Piraeus
    A Greek newspaper recently reported that tension is rising at the port of Piraeus (Greece) following recent industrial unrest. Port workers have been protesting against the pr...
  • DB Schenker to open new terminal in spring 2010
    The German service provider DB Schenker is constructing a new logistics center near the Bulgarian capital Sofia. The EUR 10 million complex in Bozhuriste, just 20 minutes from...
  • Toll Group acquires LDS in the Middle East
    Toll Group, an Australian forwarding and logistics service provider, has acquired Logistic Distribution Systems (LDS), a Dubai-based international freight forwarding company. LDS p...

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Maritime Global Netweb site
NOVEMBER 11, 2009
  • Quayside crane safety initiative
  • Farstad warns of weaker market
  • Deep Sea Supply's "strong result"
  • Rina reorganises

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Marine Logweb site
NOVEMBER 11, 2009
  • Nichols Bros adds to labor force
  • India bars entry of former S.S. Independence
  • CMA CGM takes delivery of new flagship

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World Wide Shipperweb site
NOVEMBER 11, 2009
  • Port of Seattle holding Veterans Day breakfast
  • CMA CGM puts to work giant new container ship
  • Coast Guard Station Seattle earns rare readiness honor
  • Maersk Line plans to rejoin Transpacific Stabilization Agreement
  • Admiral Allen Worley leaving Merchant Marine Academy post

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Lloyd's Listweb site
NOVEMBER 11, 2009
  • UECC mulls pay and leave cuts
    European officers faced with 25% pay cut or reduced leave as company aims to trim payroll costs.
  • Intertanko appoints new chairman
    Graham Westgarth replaces Nick Fistes.
  • Bleak outlook for Asia box market
    HSBC Global Research offers grim prediction.

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Fairplayweb site
NOVEMBER 11, 2009
  • All aboard your new Fairplay
    STARTING with next week's issue, Fairplay will mean business from a fresh perspective
  • Wider piracy patrols agreed
    EU NAVAL units can pursue, arrest and detain Somali hijackers in the Seychelles region under an accord the EU has signed with the island government
  • Ultrapetrol swings to losses
    MIXED-fleet owner Ultrapetrol has fallen into the red on continued weakness in its South American river trade
  • Spain terminal ordered razed
    SPAIN'S Supreme Court has ordered Galicia to demolish a 300,000m' box terminal because it ruled the facility had been built "illegally"
  • Intertanko names new chief
    GRAHAM Westgarth was appointed today as Intertanko's new chairman

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The Journal of Commerceweb site
NOVEMBER 11, 2009
  • IRS Drops Last FedEx Audit
  • West Coast Ports, Rails Collaborate
  • Celadon Switches to NYSE
  • Industrial Real Estate Absorption Trends Upward
  • Hanjin Seeks to Simplify Reorganization Notice
  • Trucker Werner to Pay Shareholders $90 Million
  • Emirates Chooses GT Nexus as Customer Portal
  • Grand Alliance Reduces Asia-Europe Loops
  • Cathay Sees Strongest Cargo Month of 2009
  • Kintetsu World Express Profit Plunges
  • Agility Boosts Profit 15 Percent
  • Heathrow Sees Growth in Cargo
  • Frankfurt Air Cargo Grew in October
  • Greek Court Outlaws Piraeus Strike
  • Trailer Bridge Profit Soars

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Containerisation Internationalweb site
NOVEMBER 11, 2009
  • GA and Maersk reduce capacity between Asia/N.Europe
  • TSA applauds Maersk's return to the fold
  • ICG toughs it out
  • Court rules Piraeus dock strikes illegal: strike ends
  • CMA CGM receives flagship behemoth

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TradeWindsweb site
NOVEMBER 11, 2009
  • Dual cover-up
    Novoship manager admits producing false documents to approve double charter and fudging a later report after TradeWinds flagged up deal.
  • Bonus brawl
    Vladimir Oskirko's 2003 bonus withheld by Tagir Izmaylov despite the former Novoship finance chief's need for cash to cover his wife's operation, court hears.
  • Sea scenes
    Mountainous seas, a bulbous bow sun lounger and bioluminescence figure in the latest entries to TradeWinds' Photographer of the Year contest.
  • 'No pressure'
    Former Novoship man Vladimir Sakovich was never threatened or bribed to support fixtures to Yuri Nikitin-backed companies.
  • Fistes quits
    Greek head of GrandUnion, left, steps down as Intertanko chairman to be replaced by Teekay's Graham Westgarth.
  • Norwegian attack
    Gunfight off Somalia as suspected pirates open fire on two boats sent from warship Fridtjof Nansen.
  • Davie improving
    Restructured Canadian shipbuilder cuts nine-month losses as work progresses on Cecon ships.
  • 'Lay-ups loom'
    Farstad Shipping warns of more woe in offshore support sector even as its own profit soars.
  • Cash production
    Dutch FPSO player SBM Offshore banks EUR 181m from new share issue to expand fleet.
  • Greek ship seized
    Order Shipping's handysize Filitsa taken by pirates over 1,000 miles off Mogadishu.
  • Islamic fund first
    Fortis and QInvest kick off what they say is world's first Sharia'a-compliant ship finance fund.
  • Miss and hit
    Thai bulker player Precious won't make revenue target this year, but is eyeing further ship buys in 2010.
  • Black to red
    Korean bulker owner KLC hurt by lower rates in third quarter as result turns hugely negative.
  • Noble booms
    Hong Kong shipping, drilling and commodities giant announces best ever nine-month profit.
  • 'No arms onboard'
    Pirates holding alleged smuggling vessel in Somali demand $3m ransom but say there are no weapons onboard.
  • Eitzen's cash dash
    Two private placements set to net $130m for Eitzen Chemical with Camillo Eitzen taking large chunk.
  • Bergen builds
    Norwegian shipbuilding group sees nine-month profit grow as offshore activity increases.
  • Pleas ignored
    Tongan marine engineer says he told bosses that tragic Princess Ashika was not in fit condition to sail.
  • CHO stake sold
    Fredriksen-controlled Deep Sea Supply has sold its stake in Singapore offshore rival.
  • Tokai rises
    Japanese ro-pax owner pushes up nine-month profit despite revenue falling back.
  • All dried up
    Ultrapetrol slumps to loss as 'worst drought in 70 years' hits river shipping sector.
  • Sale hits OCNF
    Losses from the sale of a panamax bulker push US-listed OceanFreight to a third quarter loss.
  • Japan holds 17
    October port state control inspections lead to detention for two bulkers and slew of general cargoships.
  • Tankers lagging
    UK marine services group James Fisher performing "strongly", but coastal tanker fleet yet to improve.
  • Excel fixes two
    Gabriel Panayotides' bulker outfit moves two more of its ships to longer term employment.
  • Bucking the trend
    Michael Bodouroglou's Paragon Shipping sees third quarter profits dip only 5% despite market turmoil.
  • Green tie-up
    Italian shipbuilder Fincantieri and ABB are to partner in port cold-ironing joint venture.
  • Lost for words
    Sovcomflot corruption trial hears how large parts of a Novoship meeting agenda seemingly vanished.

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American Shipperweb site
NOVEMBER 11, 2009
  • Grand cuts Asia/Europe loop for winter
  • Pirates attacking further offshore
  • October recovery for Cathay; will it last?
  • FedEx: More online shopping, more boxes
  • Belgian airline boasts African cargo loads
  • Turnaround in Great Lakes coal shipments?
  • TSA nominee discusses resiliency at confirmation hearing
  • Zimbabwe's rough diamond exports raise concerns
  • UPS makes deal on used car logistics
  • Savannah adds energy saving cranes

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 11, 2009
  • Hurtigruten reports strong third quarter
    The Norwegian coastal ferry and cruise operator Hurtigruten reports a NOK 127 million profit for Q3 and NOK 151 million for the first nine months. The first nine months last
  • Greek port strikes illegal
    The Port of Piraeus has long been hampered by strikes and protests. The dock workers are protesting against the agreement signed by the Greek state giving Chinese Cosco a concession
  • Bulk carrier hijacked in the Indian Ocean
    Early this morning, the Greek-owned Marshall Island flagged vessel MV Filitsa was hijacked some 400 nautical miles north east of the Seychelles, according to the EU Maritime Centre. The
  • 400 jobs in danger in Turku
    Next year, STX Europe may be forced to give notice to more than 400 employees and lay off the rest of the workforce at the Turku shipyard. After the delivery
  • Bergen Group posts strong third quarter figures
    The Norwegian shipbuilding group Bergen Group reports a strong third quarter, compared to the result in the corresponding period in 2008. "Bergen Group has managed to deliver satisfactory figures in
  • Danish container carrier attacked by pirates
    The Danish flagged container carrier Nele Mærsk was attacked by pirates in the Indian Ocean some 1,000 nautical miles east of Mogadishu, Somalia. The attack was carried out by one

news on subscription
The Bunker Bulletinweb site
NOVEMBER 11, 2009
  • New chairman for INTERTANKO
    Westgarth calls for cooperation with legislative bodies and other industry associations.
  • Prices still heading upwards
    While NYMEX shows losses in early trading.
  • 'Misleading' to talk about 'bunker levy'
    Conflict between an emission trading scheme or a 'tax' on bunkers is counterproductive, says SEAaT.
  • Prices continue to firm in Middle East hub
    Fujairah fuel oil supplies could tighten in the weeks ahead.
  • Firming bunker prices 'boost liner ship demand'
    Shipping information service says slow steaming will ease tonnage surplus.
  • Shipping bodies warn against 'politicising' IMO
    Giving EU formal status 'will not help' UN body deal with environmental issues.
  • Increased demand for bunker quantity surveys
    DNVPS says 35% growth in Singapore shows quantity control remains high on operators' agenda.
  • Japanese refiner to cut bunker output
    New coker will mean less fuel oil from Cosmo.
  • Bunkers still firming despite very weak spot demand
    Singapore and Hong Kong, which regularly suffer from tight avails, are both very robust for prompt deliveries.
  • Underwater robots to track oil spills
    Aim is to predict where ocean currents will carry oil spills.
  • Demand for 180 cSt in Sydney high despite firm prices
    Leading supplier expecting spot supplies to run out soon.
  • CMA CGM takes delivery of 13,300 TEU 'giant'
    Newbuild can run at 'super eco-speed' of 14-15 knots.
  • Colombo to boost onshore storage
    New discharge pipeline to be in operation by the end of the month.




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