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02 April 2020 The on-line newspaper devoted to the world of transports 23:56 GMT+2

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The Business Timesweb site
MARCH 16, 2009
Shipping News
  • Baltic Dry Index declines for third straight week
    The Baltic Dry Index, a measure of shipping costs for commodities, posted a third consecutive drop on Friday on weakening demand for iron ore to make steel.

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Sched Netweb site
MARCH 16, 2009
  • GT Nexus to provide eCommerce services to CSCL
  • A P Moller-Maersk posts slightly lower 2008 profit of US$3.4 billion
  • Dalian Port Group acquire Jinzhou Port, says city major
  • Correction: Safmarine service wrongly attributed
  • ICTSI 2008 revenue boost up 37pc
  • DB Schenker expands its Middle East network
  • Nona Bulker arrives at Port of Vancouver
  • K + N acquires J Martens from Norway for oil, gas sector
  • AirAsia to launch Tianjin to Kuala Lumpur service
  • Shenzhen Airlines launches services from Changsha to Kunming and Harbin
  • Qantas cuts surcharges, expands Mid East codeshares, supports ATSB report

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Exim Indiaweb site
MARCH 16, 2009
  • Admec Logistics joins hands with Brigantine International Holdings
  • 1,300 freight forwarders from 153 countries attend WCA Family meet
  • A.P. Moller-Maersk net up by 1.1 pc in 2008
  • Kalmar Asia-Pacific Region bags 4 APBEST awards
  • Allcargo Global takes 5.97 pc stake in GDL
  • BCC&I to release comprehensive paper on maritime & logistics sectors at March 17-18 conference
  • Increased 2-way investments can soften slowdown severity, moots Chinese envoy
  • Safeguard duty slapped on PAN
  • Leather exporters unlikely to hit target-CLE
  • US begins probe into fall of farm products exports to India
  • US ports slash handling rates to lure dwindling cargo
  • KPT chief assures Port users of time-bound solutions
  • Now, liquid feat at Mundra Port
  • New office-bearers of Hyderabad CHAA
  • Capital goods growth cushions IIP fall in Jan.
  • MoF rules out FBT waiver for exporters
  • Fieo hails circular on service tax
  • Freeze on loan repayment by textile industry
  • RBI extends deadline for buyback of FCCBs to December 31
  • AIAI's interactive meet with Israeli official tomorrow

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International Transport Journalweb site
MARCH 12, 2009
  • Deutsche Post with new name and a new strategy
    Frank Appel, the CEO of Deutsche Post World Net (DPWN), recently presented the corporation's strategy to make it fit for the future. The company is called Deutsche Post DHL with im
  • CMA CGM to rationalise SEAS service
    The French shipping line CMA CGM is rationalising its SEAS service, operated in partnership with China Shipping, Maruba and K Line. The SEAS 1 and SEAS 2 loops will be merged into

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Maritime Global Netweb site
MARCH 13, 2009
  • Political battle over Aussie oil spill
  • Hamburg Süd raises Atlantic rates
  • DNV's ice load monitoring system
  • Tank containers are "safest way" to transport liquids

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Marine Logweb site
MARCH 14, 2009
  • Maersk Tankers eyes CO2 transportation opportunities
  • Teekay in FLNG project

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World Wide Shipperweb site
MARCH 13, 2009
  • Port of Everett nets funds for West Marine View Drive project
  • One million workers now enrolled in TWIC
  • California Maritime Academy offers on-line training course
  • Vancouver, BC workers ratify new labor agreement
  • Month of March begins with lower rail freight totals

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Lloyd's Listweb site
MARCH 16, 2009
  • Singapore box volumes plunge in February
    WORLD'S largest container port handled 1.9m teu, reflecting a slump in container trades globally.
  • Mumbai's two major ports hit by a big slide in throughput
  • Armada calls Transfield's claims exaggerated
    TRANSFIELD ignores obligation to mitigate damages, asserts the troubled dry bulk operator.
  • Queensland oil spill worse than feared
    DAMAGE to berthed vessel and full extent of oil leakage "substantially more" than initially thought.

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Fairplayweb site
MARCH 13, 2009
  • Eukor to redeliver up to 50 ships
    EUKOR, the South Korean vehicle carrier group, might redeliver another 20-25 vessels to charter owners this year in an attempt to readjust its capacity, president and CEO Jan-Eyvin Wang said today
  • Australia spill estimate shoots up
    THE PACIFIC Adventurer oil spill crisis worsened today considerably, with Queensland's government declaring southeastern beaches disaster zones and owner Swire Shipping twice increasing its estimates of fuel lost
  • Shipping in N Korea firing line
    NORTH Korea today issued a warning to shipping operating in two designated 'danger zones' ahead of a planned satellite launch

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The Journal of Commerceweb site
MARCH 13, 2009
  • St. Petersburg TEU Traffic Plunges
  • BBI: Bank Failure Won't Hurt Us
  • WWL to Idle up to 20% of Fleet
  • Canada's Trade Deficit Widens
  • Delmas Starts Calling at Nigerian Terminal
  • NYK Logistics (Americas) Taps Nolan
  • StreamLines Adds Felixtowe Call
  • STB: No Break for Coos Bay
  • ATA Attacks Hours of Service Challenge
  • Weak Import Demand Blunts U.S. Trade Deficit
  • Spending Bill Launches Seaway Plan
  • Short Lines Hit Rail Brakes
  • LA-LB Trim PierPass Hours

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Containerisation Internationalweb site
MARCH 13, 2009
  • Exports in need of a confidence boost
    Japan, China, Germany, Thailand the UK, the message is the same: exports are in rapid descent mode, turning the supply and demand business plans of ocean carriers upside down and economies into reverse gear.
  • Panalpina profits halved:layoffs planned
  • Premier Wen: 'Confidence more important than gold'
  • FESCO rings changes
  • AADA to hike rates
  • TSA to revise BAF formula

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TradeWindsweb site
MARCH 13, 2009
  • Handy bags $23m
    JD Polemis-controlled newbuilding bulker widely reported to have been bought by another Greek owner.
  • Liberty withdraws
    Philip Shapiro-led owner files voluntary dismissal of two lawsuits against International Shipholding Corp.
  • Fear in bloom
    Scientists fear lost Pacific Adventurer cargo could spark dangerous algal bloom, WebTV report says.
  • Smells sold
    Grecomar said to have bought handysize bulker Fragrant Island for $18m to $19m.
  • Greek fleet falls
    Size of the Greek merchant fleet shows first retreat in four years but a quarter of the ships are now flying the flag.
  • Jupiter for sale?
    Pair of Japanese-built, three-year-old panamaxes, including the Nord Jupiter, hit the sale-and-purchase market.
  • Teekay two sold
    Greek owner takes $114m LR2 pair from Vancouver-based Teekay Shipping as prices show sharp rise.
  • Americas man
    Gulfmark Offshore taps Brazil head to run operations throughout the Western Hemisphere.
  • Deeper Rio Grande
    Brazil's Odebrecht and Belgium's Jan De Nul bag $86.6m dredging deal to deepen port of Rio Grande.
  • Spot stinger
    Nordea slices North Sea AHTS rate estimates by a fifth due to newbuilding crunch and reduced E&P spending.
  • Chopper tragedy
    One man is dead and 16 are missing after a helicopter bound for the Sea Rose FPSO crashes off Canada.
  • Shipping solution
    Maersk Tankers wants in on transport of CO2 emissions for offshore storage.
  • 'Disaster' worsens
    Swire admits oil spill from damaged ship off Australia is "substantially more" than earlier estimates.
  • Sevan sits on $7m
    Jan Erik Tveteraas-led offshore player holding back newbuilding payments following dispute with yard.
  • Workers wanted!
    Russia's Yantar Shipyard bucking trend for lay-offs by seeking 500 staff for healthy orderbook.
  • Croatia sets date
    Sell-off of five yards set for second half November, despite economic crisis, country's deputy PM says.
  • It's quotes time
    Samsun's bubble bursts and Armada fires a shot across the bows of Transfield and TradeWinds.
  • Norwegian wood
    K Line cuts wood chip shipping deal with Norwegian outfit pressing for lower carbon emissions.
  • Oz spill 'disaster'
    Queensland government declares "disaster area" as Pacific Adventurer spill larger than first feared.
  • STX not happy
    STX Europe says 2008 results are unsatisfactory as yard sales drag it into the black.
  • Bigger is better
    Dutch oil storage player increases 2008 profit as capacity rises.
  • Broadband boost
    Inmarsat profit rockets with broadband use at sea helping the lift off.
  • Cabotage scuffle
    Indian court row brewing over charter of foreign-flagged ship that was blocked by domestic shipping body INSA.
  • Costly for Mols
    Danish ferry owner scuppered by rising expenses in 2008 as results turn red.
  • Tankerska duo
    Long-awaited deal for products carriers at 3 Maj yard in Croatia goes ahead thanks to state grants.
  • Jobs at risk
    Up to 400 shiprepair workers at Keppel's Philippines yard face axe as focus switches to shipbuilding.
  • Double denial
    NOL shares spring back after it puts talk of a $250m rights issue to bed with second dismissive statement.
  • Tanker leak
    Swedish-owned STOC Marcia causes small spill of gasoil in Kiel Canal, Germany.
  • Another fall
    More bad news for tanker owners as industry analyst predicts 1.5% drop in Opec crude exports in March.
  • Teekay LNG tie-up
    Tanker owner teaming with Merrill Lynch Commodities to develop Canadian FLNG project.
  • Precious sells
    Thai shipowner continues clear out of elderly tonnage with sale of fourth ship in two months.

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American Shipperweb site
MARCH 13, 2009
  • Hamburg Süd raises WB transatlantic rates
  • Swire oil spill worse than first thought
  • New CMA CGM service adds Boston call
  • AMI expands to Dallas-Fort Worth
  • Omnibus bill ends cross border truck program
  • STB seeks chlorine comment, O.K.s railroad sale
  • Siemens Energy puts wind blades on U.S. rails
  • U.S. trade deficit narrows
  • ESC, freight forwarders decry EU decision
  • USTR postpones duties in EU hormone dispute
  • DHX appoints Pacific Forum Line as Tonga agent
  • SoCal terminals to cut one off-peak shift
  • CenterPoint unveils Virginia port proposal
  • Seagirt looks for port developer/operator

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The Scandinavian Shipping Gazetteweb site
MARCH 13, 2009
  • WWL vessels in lay-up
    Wilh. Wilhelmsen's two ro-ro vessels Toba and Tapiola, built 1979 and 1978 resepectively, are now laid up in Lyngdal, Norway. The vessels, currently under charter to Wallenius Wilhelmsen Logistics
  • North Korea warns shipping before missile launch
    North Korea has informed the International Maritime Organization, IMO, that it intendes to launch a rocket sometime during 4-8 April. The country warns that parts will fall into the sea
  • Seven years in jail for Egyptian ferry owner
    The owner of the Egyptian ferry the Al Salam Boccacio 98 whick capsized and sank in the Red Sea in 2006 with the loss of 1,000 lives, has been sentenced

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The Bunker Bulletinweb site
MARCH 13, 2009
  • Americas: Prices bounce back upwards to end week
    Rebound after Thursday's 11% surge for oil.
  • TSA takes a 'fresh look' at bunker adjustment
    Bunkerworld prices being used for new surcharge calculations.
  • Europe: Bunker prices see strong gains in Rotterdam
    But prices in key Mediterranean ports softening.
  • Bunker spill 'significantly' worse than first thought
    Reports from Australia say oil slick has appeared in the Brisbane River.
  • Supplies may be cut-back at Red Sea ports
    Sources say a local refinery will stop supplying bunker market, reducing product availability.
  • Spanish politicans soften position on Gibraltar bunkering
    New agreement calls on Spanish government to co-operate on monitoring spillages and security.
  • Dutch trader moving to bunker purchasing role
    Will be in charge of developing the company's bunker purchasing strategy.
  • More support for 'climate levy' on bunker fuel
    Reports say Japan now backs a global charge on marine fuel.
  • Durban bunkers tight on unexpected refinery shutdown
    Supplies of fuel oil for next week 'fully committed'.
  • Asia: Bunkers prices firmimg
    At least one supplier in Tokyo Bay has sold out for March, traders say.
  • Singapore sees lower bunker sales in February
    Monthly sales volume at a fifteen-month low.
  • Oil spill area a 'disaster zone'
    Australian authorities and shipowner of Pacific Adventurer deploy clean-up teams to deal with bunker spill.
  • China can spark oil price rebound
    Chinese oil demand will increase in one to two years, oil market analyst says.

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