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20 January 2019 The on-line newspaper devoted to the world of transports 11:47 GMT+1

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The Business Timesweb site
OCTOBER 14, 2009
Shipping News
  • Sea Asia 2011 to be held at Marina Sands IR
    THE third Sea Asia Conference and Exhibition will be held at a new location in 2011 - Marina Bay Sands.
  • Fresh perspectives for marine P&I market in Asia?
    MARINE insurance has long been slated as a major growth business for underwriters in the Asia-Pacific.
  • Availability drives up supertanker surplus
    The surplus of supertankers competing to ship two million-barrel cargoes of crude from the Middle East rose in the past week with more ships available for hire.
  • Jurong Port Sept throughput falls
  • Global crisis fuels boom in Bangladesh shipbuilding
  • No fishy business in Polish shipyards sale
  • New minister meets Piraeus port workers
  • Shipping in 'desperate' need of Chinese financing
  • Weeks after recovery, Arctic Sea's mystery grows
Strait Talk
  • Resolving pay pressures
    TWO news items about seafarers' pay have crossed my desk recently. Lengthy negotiations over pay on flag-of-convenience ships came to a conclusion a couple of weeks ago in Manila. And about the same time, a new report showed wage costs had soared in the past year.

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Sched Netweb site
OCTOBER 14, 2009
  • MSC to hike rate US$200/FEU from US to Asia November 16
  • China shipping shows signs of recovery in first eight months
  • Lay-ups rise 10.4pc as peak season fades into winter doldrums
  • Elasticity, short terms mark busy, but depressed charter market
  • World's biggest tunnel-bridge opens this month in Shanghai
  • Norwegian tanker tycoon mulls Container Company investment
  • DHL to open three Singapore, India life science centres
  • WWL to provide logistics for new Nissan Chennai auto plant
  • Delivery of Boeing's first 747-8 Freighter delayed to Q4 2010
  • Uganda Air Cargo moves into passenger service
  • All Nippon Airways appoints Globe Air Cargo GSA in France

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Exim Indiaweb site
OCTOBER 14, 2009
  • Shipping may be kept out of Competition Commission's purview
  • Bharati Shipyard ups the ante for Great Offshore acquisition
  • Web-based solution for LCL consolidation,Globtrack launched
  • Opening TSA salvo sets tone for next year's contract talks
  • MAERSK LINE to raise rates, cut capacity on Atlantic services
  • CMA CGM announces rate restoration from Europe to French Pacific Islands
  • EVERGREEN LINE relaunches FEM, cuts capacity on TPS services
  • BBC Andino Express Line announces service from Port of West Palm Beach to South America
  • Old boxship orders keep delivery stream flowing
  • NYK LINE welcomes new electric vehicles
  • ...scraps new Tacoma terminal plan, will use APM's instead
  • OOCL to hike rate by $ 300/TEU on South China-NZ trade lane
  • MISC commences long-term third-party charter hire
  • UASC implements ISCS
  • Sensitive items' imports surge by 34.5 pc in April-July
  • Tobacco exports up
  • Rani Jadhav takes over TAMP's reins
  • US firm to clear Paradip oil spill
  • ACT puts on show its superior might
  • Geetapuram port enhances handling capacity
  • Subcontinental box train may be flagged off next year
  • India's exports continue to drop in August'09
  • States now squabble over date of GST implementation
  • Planner feels sops for industry must be retained
  • Swati Piramal now heads Assocham

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International Transport Journalweb site
OCTOBER 12, 2009
  • Piraeus reports more strikes
    The port of Piraeus (Greece), which suffered from repeated industrial unrest last year, has reported that work has halted in the container sector. Port workers stopped lifting boxe...
  • Logistics giants join forces with WFP to respond to Asian crisis
    Agility, TNT and UPS - three of the biggest corporate names in global logistics - have joined international efforts to expedite food supplies to hundreds of thousands of people aff...
  • New partnership between Karl Dischinger and n7froid
    The French forwarding company n7froid, headquartered in Selongey (Burgundy), began to collaborate with the Ehrenkirchen-Kirchhofen near Freiburg (DE)-based specialis...
  • Gefco Brazil receives Infraero Efficiency Logistics Award
    Gefco Brazil, the national subsidiary of the French logistics service provider Gefco, was recently presented with the Infraero Efficiency Logistics Award for the best logistics ent...
  • Bilbao handles over 21 million t up to August
    The port of Bilbao (Spain) handled 21.01 million t of goods between January and August this year. The port authority reported that the international economic crisis reduced tr...
  • Contargo offers emergency programme due to low water levels on Rhine
    The transport and logistics service provider Contargo is working out a low water emergency programme to combat the low water level on the River Rhine. Contargo is setting up tempor...
  • Global airline capacity up by 1.04% but growth slowing
    Global airline capacity is showing positive growth of 1.04% this month, compared to October last year. In September 2009 the growth was slightly higher, at 1.4%, accordin...

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Marine Logweb site
OCTOBER 14, 2009
  • HOS sells four single hull tank barges

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Lloyd's Listweb site
OCTOBER 13, 2009
  • IRISL still free to trade in UK
    ISLAMIC Republic of Iran Shipping Line's British subsidiaries can operate legally despite ban.
  • Boxlines see charter periods collapse
    Research finds average charter duration for boxships has shortened to 4.5 months.
  • Trust ports prepare for election
    UK Trust Ports are preparing themselves for a possible fire sale after the general election as the government scrambles to fill a giant hole in public finances.

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Fairplayweb site
OCTOBER 13, 2009
  • KG investors turn on managers
    GERMAN KG houses may be facing a flood of lawsuits from angry investors as more one-ship companies head into restructuring
  • Scandinavia mulls superbank
    NORDEA and Swedbank might merge to create a Nordic superbank, it has been reported
  • Emissions regs debate heats up
    ANTI-POLLUTION advocates claim US lawmakers are attempting to weaken the government's ability to regulate proposed laws requiring cleaner burning engines on US-flagged ships
  • NYK achieves management award
    NYK Shipmanagement has become the first Asian ship manager to be certified in accordance with the DNV standards for competence management
  • Piracy attack foiled in Singapore Strait
    A SUSPECTED act of piracy in the Singapore Strait was foiled today by a vigilant crew
  • Japan spared wrath of Melor
    JAPANESE shipping companies and ports escaped lightly last week when Typhoon Melor, the largest storm to come ashore in a decade, blew across the islands
  • Paradip to cover Black Rose salvage
    PARADIP port authority is to stump up Rs 174M ($3.7M) to cover the cost of salvage of the bulk carrier Black Rose

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The Journal of Commerceweb site
OCTOBER 13, 2009
  • Terminals at Samoan Ports Now 'Fully Operational'
  • CSX Profit Falls 23 Percent to $293 Million
  • Box Trade Moves toward Recovery
  • Diesel Edges Up as Oil Nears 2009 High
  • Stimulus Gets Ohio Truck Bypass Going
  • Evergreen, CSCL to Launch Joint Service
  • Kirby Chairman to Retire
  • Quality Distribution Sells Tank Cleaning Subsidiary
  • Wallenius Adds China Capacity
  • Genesee & Wyoming Traffic Falls
  • Air Cargo Decline Eases in Germany, UK
  • Toll Group Acquires Footwork Express
  • RailAmerica IPO Begins Trading at $15
  • CMA CGM Launches INTTRA in North America
  • MSC Hikes US-Asia Rates
  • Rails, Ports Go to China to Market West Coast
  • Customs Pledges Automation Program Will Arrive

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Containerisation Internationalweb site
OCTOBER 13, 2009
  • Zim still negotiating itself out of trouble
  • Atlantic trades remain in the sink
  • Asia - Europe on the rebound?
  • Evergreen's September figures take a tumble
  • APL volumes ahead, rates recovering

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TradeWindsweb site
OCTOBER 13, 2009
  • GrandUnion closes
    Bagging stock in exchange for three bulkers, Greek shipowner now controls 71% of Aries Maritime Transport.
  • WSF orders duo
    Washington State Ferries awards $114m contract to Todd Shipyards for two car ferries.
  • Not wholly true
    Former Sovcomflot finance chief, Igor Borisenko, admits to making untruthful statement to auditor, Moore Stephens.
  • IRISL ship halted
    US military reportedly boards IRISL-chartered boxship Hansa India because of eight containers of bullets and cartridges from Iran.
  • Under $200m
    George Economou's DryShips lands two more waivers to cut its troublesome debt pile to $187.5m.
  • Kirby chair retires
    Kirby Corp chairman set to retire from the top role on the barge company's board of directors in April.
  • Reed in US play
    Law firm Reed Smith launches US shipping practice with hire of Troutman Sanders duo.
  • Yard blast deaths
    Up to three killed after gas explosion at Bangladeshi shipbreaker Sitakundu, reports say.
  • Not off limits
    Former Sovcomflot CFO Igor Borisenko says the devil was in the detail of charter terms with Yuri Nikitin-linked firms.
  • Facility stretched
    Offshore player Helix Energy Solutions strikes deal to extend and increase revolving credit facility, as well as to allow asset sales.
  • Cash for flotels
    Ocean Hotels scores $100m deal with Export Development Canada to build two accommodation vessels at Davie Yards.
  • Montecristo fixed
    OceanFreight's newest cape tied up for at least four years at $23,500 per day, with an option for four more years.
  • New route ready
    Evergreen set to launch joint weekly Pacific service with China Shipping as rates still hurt.
  • Still afloat
    A bulker reported to have partially sunk causing crew to evacuate off Philippines is in port for repairs.
  • Offshore shift
    DryShips is now a driller, says Lazard Capital Markets, as it upgrades George Economou-led company to "buy".
  • Another rise
    Taiwan's Evergreen pursues sustainable rates from Europe to the Med by adding $75 per teu.
  • Russia up
    Overall port volumes rise 8% in Russia to end-September as oil cargoes increase.
  • Lantana hit
    Small Singapore-registered product tanker was boarded off Malaysia early this morning.
  • Dutch unit bust
    Oceanteam's Amsterdam-based arm files for bankruptcy following court defeat in Bergen.
  • Gas gamble
    Singapore's Ezion forms joint venture to own support ships for Australia's massive Gorgon LNG project.
  • Japan holds 22
    Cido Shipping car carrier among vessels that failed September port state control checks.
  • Ro-ro threat
    Crew of Australian vessel Matthew Flinders facing legal action over strike as they await back-pay.
  • Khan can't
    Bangladesh shipbuilder loses out on $100m Brunei ship order due lack of funding.
  • Casualty file
    Somali pirates pick a fight with the wrong ship and the Full City is back in this week's casualty news.
  • Eidesvik extends
    Oslo-listed offshore player keeps Trico AHTS for a further two years on back of new deal with ConocoPhillips.
  • Qatar Nav falls
    Earnings down in first three quarters at bulker and containership owner on weaker markets.
  • Olsen in at Imarex
    SeaBird Exploration CFO to clock on at Herman Michelet-led derivatives broker Imarex from November.
  • STX on the slide
    An upcoming $140m share sale has STX Corp shares on the ropes Tuesday.
  • Jason eyes IPO
    Singapore marine electronics supplier aiming to raise around $1.5m from initial public offering.
  • Price named
    Hyundai Heavy could spend $214m on controlling stake in Hyundai Corp, report says.
  • Vyborg thrives
    Russian shipyard expects 2009 revenues to be up 150% on previous year thanks to Gazflot deal.
  • Steering failure
    Investigation uncovers why fully-laden capesize ran aground in Australia's Port Hedland in July 2008.
  • MOL merger
    Japanese giant bringing together two subsidiaries, Kansai Kisen and Diamond Ferry, to form Ferry Sunflower.
  • Bows bash
    Tanker and containership damaged in collision in river Waal in Netherlands.
  • Rates still weak
    Average revenue per feu at Singapore's Neptune Orient Lines continues to remain in the doldrums.
  • Rauma hope
    STX Europe's Finnish yard close to winning EUR 160m South African research ship order.
  • ACL orders 50
    US owner will build big series of hopper barges at its own Jeffboat shipyard next year.
  • Flag milestone
    Ships registered in Singapore have passed the 4,000 for the first time, official figures show.

news on subscription
American Shipperweb site
OCTOBER 13, 2009
  • NIT League examines new Chinese shipping regulation
  • MSC hikes rates on U.S. to Asia cargo
  • APL: Volumes up slightly, rates depressed
  • Egypt comes under APL spotlight
  • Kuehne + Nagel wins contract from Mydent
  • "Opportunities and Challenges"
  • BDP opens project cargo office in Mexico
  • CORRECTION: Port director opposes truck regs rewrite

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The Scandinavian Shipping Gazetteweb site
OCTOBER 13, 2009
  • WWL adds sailing on China Express Service
    Wallenius Wilhelmsen Logistics China Express Service operating between China, Japan and South Korea has increased its sailings from two to three sailings a month because of a resurgence in trade
  • Polferries for sale
    The state-owned ferry company Polferries is up for sale, the Polish Treasury announces. Maersk and DFDS are among the speculators the Polferries CEO Jan Warchol says to Tradewinds. The

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The Bunker Bulletinweb site
OCTOBER 13, 2009
  • Consumers to 'bear brunt' of fuel surcharge
    Marine Atlantic faces further criticism.
  • Prices continue to climb in Europe
    Mediterranean market could see supplies tighten.
  • Prices fall in Fujairah and firm in Durban
    Demand in Fujairah improves.
  • ExxonMobil Marine Fuels announces new Director
    Vincent Chong replaces Linda Wright as head of oil major's marine fuels division.
  • Marine surveyor acquitted in short-delivery case
    Evidence, including confession, deemed insufficient for conviction
  • Singapore and Hong Kong slightly softer
    Bunker prices in Busan and Tokyo strengthened.
  • Maersk swaps larger vessels for smaller ones
    APL and Hapag-Lloyd discontinue slot purchases.
  • Singapore September bunker sales up 11%
    Second highest monthly sales volume ever recorded.
  • BW Group CEO suggests bunker levy
    Sohmen-Pao says proceeds can be 'put to good use'.
  • Crude oil prices at seven-week high
    Analyst revises up oil price forecast for the rest of 2009.
  • Lower revenues persist for NOL
    Average revenue per FEU down partly due to lower bunker recovery.

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