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07 August 2020 The on-line newspaper devoted to the world of transports 05:39 GMT+2

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The Business Timesweb site
MAY 14, 2009
Shipping News
  • ST Marine inks navy ship maintenance pacts
    ST Marine yesterday signed separate agreements with French defence contractor DCNS and Swedish submarine builder Kockums to set up maintenance joint ventures for the Republic of Singapore Navy (RSN).
  • April container figures down
    The March container throughput figures for the Port of Singapore proved to be a bit of a false dawn. Overall throughput slipped month-on-month and year-on-year in April. Maritime and Port Authority (MPA) figures show that April throughput fell to 2.09 million 20 ft equivalent units (TEUs), from 2.19 million in March and 2.53 million in April 2008.
  • Scrapping of tankers on the cards
    Supertanker owners may scrap vessels in the next several months after rental incomes extended their decline, according to Halvor Ellefsen, a shipbroker at SeaLeague AS in Oslo.
  • EMS Energy delivers first well workover rig

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Sched Netweb site
MAY 14, 2009
  • AP Moller-Maersk loses US$373 million in first quarter
  • MSC skips US west coast 'Golden Gate Service' revision
  • Zim to pay US$28.9 million to shipbuilder for six cancelled orders
  • HK shipowners back compensation fund over emissions trading
  • Shanghai mulls opening futures market to qualified foreign investors
  • NOL posts US$245 million loss on falling rates and volumes
  • Contract logistics growth set at 2.4pc a year through 2012
  • Archangel volume falls, containers show steepest decline
  • US boosts Pak-Afghan trade, adds US$27.5 million in food aid
  • Cathay, Dragonair cargo down 13.3 per cent in April
  • Japan Airlines world cargo sales off 19.22pc in FY2008
  • African war zone air carriers do double trade in arms and aid
  • Air China June flights from Beijing to Russia's Ekaterinburg
  • Boeing's unveils eight-hour aircraft reconfiguration kit
  • Former FAA head to oversee air traffic controller contract talks
  • Jet fuel price down 32pc Russia's Blagoveshchensk Airport

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Exim Indiaweb site
MAY 14, 2009
  • Maersk Line makes Mundra Port acceptance point for Gujarat & Rajasthan cargo
  • Sai Maritime plays pivotal role in Herculean feat
  • Shrinking cargo volumes hasten older boxships' voyage to scrapyards
  • Danish shippers unperturbed by downturn
  • Shipowners now paying for fuel to carry Gulf oil to US
  • Tomas Dyrbye named CEO of Safmarine
  • June PTA with Mercosur set to boost ex-im trade
  • 15 pc dumping duty on Chinese tyre-making equipment likely
  • Slowdown stings
  • Chile wants to revise PTA
  • Indian cos skip European fairs to tap new markets
  • EU team coming in Sept. to check g'nut export units
  • Gangavaram port now equipped to detect approaching tsunami, storms
  • VPT bags Green Tech Foundation award for implementing safety systems
  • All of CONCOR's CR terminals & office now ISO-certified
  • India Inc's views sought as Budget exercise begins
  • Cut tax rates to provide economic impetus-E&Y
  • Trade gap widens to $119 bn in 2008-09 despite quick anti-dumping measures
  • Ashok Chawla takes charge as MoF Secretary

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Maritime Global Netweb site
MAY 13, 2009
  • Hughes slams "convention creep"
  • Orrell blasts UK government
  • Maersk loses $373m in Q1
  • Höegh spurns ECDIS ' for now
  • LR in Odfjell green passport deal

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World Wide Shipperweb site
MAY 13, 2009
  • Crowley celebrates christening of new Alaska tug NACHIK
  • Port of Camas-Washougal adding new on-line tools
  • Educational shipping 'Box' delivered by NYK vessel
  • Port of Everett terminal project earns 2040 Transportation Vision Award
  • Marine Response Alliance taps Doyle as general manager

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Lloyd's Listweb site
MAY 13, 2009
  • Hapag-Lloyd's UK staff vent anger over redundancy clause
    SHORESIDE staff accuse company of reneging on a generous redundancy clause in their employment contracts.
  • Hapag-Lloyd loses $302m as freight rates and volumes tumble
  • Fredriksen woos Tui shareholders with cash offer
    JOHN Fredriksen offering significant amount of fresh money if Tui changes strategy and management.
  • Bill calls for shake-up of UK navigation authorities
    SPOTLIGHT on Trinity House as Marine Navigation Aids

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Fairplayweb site
MAY 13, 2009
  • Flu fears hit Barbados port
    CONCERNS over swine flu have impeded disembarkation of the 2,758-passenger Carnival Victory in Barbados today, but the cruise line disputed a report that the ship had been quarantined
  • Seaspan discloses delay details
    BOX SHIP owner Seaspan Corporation has revealed new information on deferral options for 15 of its 33 newbuildings
  • Caracas seizes Lake Maracaibo oil
    OIL OPERATIONS at Venezuela's Lake Maracaibo are now under state control, government officials have confirmed
  • Shippers go direct
    DISTRIBUTION strategies in several industry sectors are being remodelled in a move that creates new challenges and opportunities for shipping lines and container logistics operators

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The Journal of Commerceweb site
MAY 13, 2009
  • U. S. Steel Names Transportation Head
  • Southern California Economy Headed Down
  • Teamsters Name Port Division Director
  • Long Beach Approves Middle Harbor
  • Top 100 Infrastructure Projects Worth $465B
  • Handheld Games Shipments Reloading
  • Freight Transportation Crumbles in March
  • Retail Sales Drop 10 Percent
  • China Boosts Dachser Revenue
  • CN Curbs Delays on EJ&E Line
  • DFDS Profit Tumbles
  • U.S.-India Trade Plunges In First Quarter
  • Nehru Strike Ends
  • Baltimore Extends Port Zoning
  • YRC Warns of Financial Violation
  • Weak Grain Outlook Helps Rails
  • Coast Guard Issues Anti-Piracy Directive
  • Cargo Airline's Profit Nearly Triples
  • DOT Drops Airport Slots Plan
  • Safmarine gets new CEO
  • Used Trucks Outlook Turns Gloomy
  • Lufthansa Cargo Tumbles 26.7 Percent
  • California Pushes Cleaner Air
  • Manufacturers Disappointed in Trade Report

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Containerisation Internationalweb site
MAY 13, 2009
  • APM Terminals on the right track
  • Oil price boosted by China demand
  • Norfolkline chased by DFDS
  • Investors bid for stake in DP World
  • DFDS forecasts zero profit

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TradeWindsweb site
MAY 13, 2009
  • Prison for execs
    Former Horizon Lines and Sea Star Line executives are sentenced in a US federal antitrust case.
  • Guilty plea
    Fleet Management asks judge to enter a guilty plea on two counts in the Cosco Busan spill.
  • Canadian stake
    Canadian Forest Navigation (Canfornav) emerges as a significant minority shareholder in Hong Kong's Pacific Basin.
  • Duo to be sold
    SBM Offshore says it expects to sell two Caspian Sea offshore units as it reports a stable outlook for the year.
  • Ultra headache
    Ultrapetrol unit UABL facing threat of $2m fine after Paraguayan customs complain of undeclared bunker purchases.
  • MPP breakdown
    General average declared after Greek-owned multipurpose ship suffers machine failure in the North Atlantic.
  • NAT down
    Stock falls nearly 11% as US-listed tanker owner prices its new $128m share offering.
  • Ahead for now
    Tidewater beats Wall Street profit forecasts for the fourth quarter, but results show signs of weakening market, analyst says.
  • Feeling the crunch
    Clarkson chairman Bob Benton says global turmoil has hurt the shipbroker's revenue this year, but there is hope for its sale and purchase and research units.
  • Jutha falls back
    Thai general cargoship owner hampered by higher costs in first quarter as profit drops.
  • Fesco ship held
    Russian bulker and Torbulk ship only Maritime & Coastguard Agency detainees in April.
  • Sveaas hits out
    Norwegian investor lands another punch in his long-running battle with Trico Marine.
  • Yard scramble
    35 bidders line up for next week's asset sale at Poland's Gdynia and Szczecin shipyards.
  • Cash call bonus
    Number of vessels with fixed premium P&I cover passes the 15,000 mark.
  • Greek to scrap
    Paris Dragnis-led Goldenport will most likely send two elderly boxships to the breaker's yard.
  • No spread
    Female Royal Caribbean crew member looks unlikely to have passed swine flu virus on.
  • Ultrapetrol flops
    Felipe Menendez-led shipowner sees first quarter profit tumble as income from its three shipping units falls.
  • DFDS dives
    Slump in volumes sends sales plunging as loss widens at Niels Smedegaard-led ferry owner in first quarter.
  • Box fresh
    AP Moller-Maersk container line Safmarine appoints Tomas Dyrbye as new CEO.
  • Naikai rises
    Annual profit up over 40% at Japanese yard Naikai Zosen but tough half year lies ahead.
  • Hitachi on track
    Japanese yard Hitachi Zosen fulfils latest annual profit forecast and eyes stronger result this year.
  • Ferry grounds
    No injuries reported among 200 passengers on German ship that lodged off Frisian island of Juist.
  • Deep Sea slips
    Odd Brevik's Deep Sea Supply sees bottom line lowered by slack spot market and reduced sales gains.
  • Anek seals deal
    Greek ferry owner to buy 33.35% of Hellenic Seaways from Minoan Lines for EUR 125m.
  • Back in action
    Fredriksen returns to the consolidation game after taking 5% stake in Singapore offshore player.
  • Toei triumphs
    Japanese reefer line pushes up annual earnings and expects more again this year.
  • Cruise terror
    UK couple reveal night of fear after MSC Melody cruiseship attacked by Somali pirates.
  • Fund raising
    Hong Kong handysize specialist Pacific Basin looks to tap investors for close to $100m in fresh funds.
  • Bid made
    Hyundai Heavy Industries has submitted its offer to take over trading company Hyundai Corp.

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American Shipperweb site
MAY 13, 2009
  • Safmarine appoints new CEO
  • Cathay continues cargo slide in April
  • OAG ties up three deals in Munich
  • GAO: PRISM implementation effective overall
  • Intermodal 1st quarter volumes decline
  • U.S. trade continues slide
  • China sees drastic trade value falloff
  • U.S. drops Mexican cement import licensing system
  • FMC reviews 35 OTI license applications

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The Scandinavian Shipping Gazetteweb site
MAY 13, 2009
  • DFDS sells the Queen of Scandinavia
    DFDS has announced the sale of their surplus passenger vessel the Queen of Scandinavia to an as yet unknown buyer for DKK 175 million. The vessel will be delivered in
  • Framnes afloat
    At midnight, the Framnes was pulled of the shoal east of the island of Aksi near the port of Muuga by Estonian PKL's tugs Mars and Eridan after which the

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The Bunker Bulletinweb site
MAY 13, 2009
  • Boat overturns 'throwing fuel containers overboard'
    Investigation into incident off Florida Keys continues.
  • FBMA launches fuel efficient vessel
    Wightlink catamaran expected to result in 45 percent fuel savings compared to existing vessels.
  • Prices continue to firm in the North
    Bunker prices a touch softer in Southern Europe.
  • Oil still jittery after sharp US inventory draws
    Choppy trading on NYMEX as bullish DOE report is preceded by negative US economy figures and OPEC forecast.
  • Fuel provider has 'war chest' for growth
    Report says WFS ready to invest in its UK acquisition.
  • Deeper Q1 losses for DFDS
    But lower bunker prices help company improve result for passenger shipping.
  • Bunker prices rise mid-week
    Singapore bunker prices the highest riser in Asian key ports.
  • Singapore bunker sales down 7.8% in April
    Sales of high-viscosity 500 cst bunker fuel buck the trend.
  • Supplies of 380 cst product resume in Manila
    Resumption ends six-month supply break.
  • EIA further cuts demand forecast
    Expects WTI crude to average $55 later this year and $58 next year.
  • Sinobunker makes first delivery in Zhanjiang
    Plans to expand into Shenzhen and Guangzhou port regions.
  • Bharat plans expansion
    Refiner says it plans to supply 380 cst bunker fuel in all Gujarat ports.

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