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02 April 2020 The on-line newspaper devoted to the world of transports 23:10 GMT+2




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The Business Timesweb site
MARCH 17, 2009
Shipping News
  • Ransomed Egyptian crewmen recount capture by pirates
    With gunfire whizzing overhead, an Egyptian mechanic faced down Somali pirates attacking his cargo ship with nothing but an axe.
  • China defends Spratlys patrols
    China yesterday defended its move to send a patrol ship to the disputed Spratly islands, saying that it was not a violation of an agreement to maintain the peace in the South China Sea.

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Sched Netweb site
MARCH 17, 2009
  • HK February down 20.6pc to 1.3 million TEU, Singapore off 19.8pc
  • CCNI, Hamburg Sud, MSC slash Asia-WCSA service capacity
  • Guangdong shippers accuse Maersk of illegal hike in THC
  • China signs free trade agreement with Pakistan
  • Slumping rates could cost shipping lines US$68 billion this year
  • India's first mega box terminal project bags 9 bidders
  • Panama Canal Authority receive bids to build new locks
  • Delta optimistic it will renew lease at Atlanta airport
  • Continental Airlines ranked first by Fortune Magazine
  • Okay Airways resumes Tianjin-Hefe-Kunming service
  • SAA joins Cargo 2000
  • Macau Airport's January cargo volume plummeted 74pc

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Exim Indiaweb site
MARCH 17, 2009
  • Bombay Chamber's maritime conference unfolding today
  • Ace Logistics raises profile at informEx India 2009
  • Fairmacs launches break-bulk service ex-Singapore to Chennai & Vizag
  • CMA CGM to rationalise SIRIUS service between Med., W. Africa & EC of S. America
  • Maersk Line changes Samba service by avoiding Suez Canal
  • "K" Line exits Portland as volumes plunge, but still offers Hanjin slots
  • Qinzhou port launches new line to Hong Kong
  • APL hikes Europe-to-Asia freight rates
  • Hamburg Süd braising them on westbound transatlantic services
  • Hanjin doing it on Asia-Europe route
  • Sinotrans shines amidst enveloping gloom
  • TSA fine-tunes bunker charge calculation
  • US box traffic up in March as peak season climb begins
  • AADA rate hike for China, HK, Taiwan, Korea to Australia exports
  • My OOCL Center to lower costs for customers
  • US body cuts dumping duty on Indian seafood
  • CoPT strikes deal with Petronet to develop LNG terminal
  • Karnataka govt decides to form maritime board
  • CONCOR's ICD-Sanatnagar begins road transport of ex-im boxes
  • Industrial output slides by 0.5 pc in January 2009
  • Paper industry to get TUFS benefits
  • Depreciating rupee lights up textile exporters' hopes again
  • Fieo team meets FinMin officials to press demands

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Maritime Global Netweb site
MARCH 16, 2009
  • Greek-owned tonnage grows
  • Anglo-Eastern takes over college
  • Pirate attack thwarted
  • Queensland clean-up continues

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Marine Logweb site
MARCH 16, 2009
  • New repair yard for Houma
  • Fraser Shipyards awarded $3.7 million state improvement grant
  • BAE Systems Hawaii gets Port Royal repair award
  • Genmar unit fined $1 million
  • Sveaas in new bid for Trico board seats

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Lloyd's Listweb site
MARCH 17, 2009
  • Asciano puts key assets up for sale
    TWO of Australia's most recognised transport brands are on the market as parent Asciano tries to defray a $4.5bn debt.
  • US clamps down on magic pipe offenders
    GENERAL Maritime fined $1m, put under maximum probation term requiring audits and regular reports.

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Fairplayweb site
MARCH 16, 2009
  • Hellenic rejigs debt deals
    HELLENIC Carriers is to restructure its debt repayments after striking a deal with two banks.
  • GenMar fined over log book
    GENERAL Maritime Management (Portugal) has been slapped with a million dollar fine by a US federal judge in Texas for failing to maintain an accurate oil record book aboard the crude tanker Genmar Defiance, it was revealed to
  • Chavez orders ports takeover
    VENEZUELAN President Hugo Chavez has sent the navy to the nation's ports and airports in a bid to seize control from state governors.
  • Clarksons spots market opening
    THE RECESSION is opening up expansion opportunities for London-based shipbroker Clarksons, CEO Andi Case told Fairplay today.
  • Rough ride for Rio's Chinalco deal
    RIO TINTO'S proposal to sell a $20Bn stake to Chinalco has struck further hurdles with Canberra delaying approval and a leading Australian institutional investor announcing strong opposition.
  • Steel on road to recovery
    STEEL is on the road to recovery according to India's second-largest producer Steel Authority of India.
  • Asciano up for sale
    THE BOARD of Australian ports and rail operator Asciano has put the whole company up for sale after receiving what it said were 'multiple expressions of interest/proposals from a range of industry and financial parties'

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The Journal of Commerceweb site
MARCH 16, 2009
  • Technology for a Recession
  • Diesel Falls 2.8 Cents to $2.017
  • Southeastern Increases Direct Delivery
  • Idle Box Fleet Hits 484 Ships
  • Two European Shipper Groups to Merge
  • New Chief for Truck Maker
  • Forth Ports Profit Gains on Higher Traffic
  • NY Factories Hit New Low
  • Industrial Production Drops
  • UK's Brown Vows to Combat Protectionism
  • Clarksons Net Income Falls
  • South Korea, EU Trade Pact Likely
  • ATA Finds Bright Freight Outlook
  • Vancouver Docks Strike Threat Over
  • United Arab Shipping to Hike Rates
  • Maersk to Upgrage Philippine Service
  • Chennai Terminal Project Attracts Bidders
  • Tianjin to Consolidate Port Assets
  • Obama Names Mulvey Acting Chairman of STB
  • South Korea to Provide Tax Break for Shipping

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Containerisation Internationalweb site
MARCH 16, 2009
  • Matson culls vessel in Hawaii service
  • ERFCP to merge with ESC
  • CMA CGMs new ship tips the green scales
  • Master of Pacific Adventurer detained
  • LA/Long Beach PierPass off peak shifts slashed

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TradeWindsweb site
MARCH 16, 2009
  • Bank pressure
    S&P issues negative outlook for several banks with exposure to deteriorating shipping markets.
  • Genmar fined $1m
    US federal court orders General Maritime to pay $1m for in Genmar Defiance magic pipe case.
  • Drillship tied up
    Transocean's Deepwater Pathfinder continues winning streak with $600,000-per-day contract as Addax prepares to drill in Gulf of Guinea.
  • CSAV hires help
    Chilean boxship operator hires bank to develop new business plan as it confronts liner downturn.
  • Chavez port grab
    Venezuela's leftist president orders navy to seize country's ports and airports.
  • Attack thwarted
    Vinalines bulker dodges pirate attack in Gulf of Aden with Turkish and Danish naval help.
  • Case dismissive
    Clarkson CEO says a new shipbroking venture by his predecessor Richard Fulford-Smith would be "just another competitor" as he fights off questions on controversial staff contracts.
  • Sveaas hits back
    Norwegian investor claims Trico is hiding behind the law and using self-serving tactics to block his ascent to the board.
  • Scan spat settled
    Scan Geophysical to hand over just $1m to end $12.3m dispute with Deep Sea Supply.
  • "Days of terror"
    Blue Star crew recount their hostage ordeal at the hands of Somali pirates.
  • US ports in play?
    Pension fund owned developer makes $8.9bn bid for 60 year concession to privatise key Virginia ports.
  • Deal dead
    Havila Shipping admits Havila Phoenix charter has gone up in flames, but could a joint-venture come to the rescue?
  • Brunei bids
    Ferry operators wanted to run Borneo tourist service to Sabah, Malaysia.
  • Forth falters
    UK ports operator hit by fall in property values in 2008 as results turn red.
  • Clarkson divi up
    London-listed shipbroker lifts shareholder payout despite fall in full-year profit and warning of a challenging 2009.
  • Spill master held
    Pacific Adventurer captain surrenders passport to Queensland authorities as oil spill hits 250 tonnes.
  • Sil Tide free
    Ukraine says four crew and Tidewater ship seized off West Africa at the weekend are released.
  • Seven feared dead
    Three bodies recovered off China as Vietnamese coal carrier sinks in gale.
  • Dockers injured
    Three men suffer broken legs after loader pins them to cargo hold wall at Wilmington, US.
  • Hellenic up, down
    Profit up at Fotini Karamanlis-led dry-bulk owner but shares slide as costs and one-off hits impinge.
  • Dry demolition
    Eight more bulkers face breakers' torches, plus three auctioned Sorus reefers.
  • Axe falls
    More than half of 400-strong workforce to go at Keppel Cebu Shipyard in the Philippines.
  • Tug sinks
    US vessel goes down in Mississippi, but three crew escape with minor injuries.
  • Paper loss
    AP Moller-Maersk is ditching napkins in favour of kitchen roll on its ships to save money.
  • Roll up!
    Samsung Heavy plans to sell KRW 700bn of bonds as orders disappear in global slump.
  • Western down
    Norwegian bulker player's profits slip, but revenues climb in "strong" year.
  • S'pore down 20%
    Terminals in Lion Republic see container volumes slump from a year ago as global trade declines.
  • Four taken
    Ukrainian and three Filipinos kidnapped off Nigeria/Cameroon border after vessel is attacked.
  • PSL keeps selling
    Unnamed Chinese-buyer takes 1985-built bulker as Thai shipowner continues fleet clear out.

news on subscription
American Shipperweb site
MARCH 16, 2009
  • Maersk Asia/Europe loop on long-term Suez bypass
  • Delmas to feed Nigeria port from Abidjan
  • Wallenius Wilhelmsen laying up ships
  • Virgin Cargo brings in new Oceania manager
  • Obama puts food safety on front burner
  • COOL takes effect, ban issued on "downer" cattle
  • Beef, pork exports increase in January
  • Former Maersk vet joins NYK Logistics
  • Chavez takes control of Venezuelan ports
  • Va. port privatization review to take 12-18 months
  • COSCO volumes reflect Singapore's struggles

news on subscription
The Scandinavian Shipping Gazetteweb site
MARCH 16, 2009
  • Half billion loss for STX Europe
    STX Europe reports an operating loss of NOK 561 million for 2008, compared to a NOK 177 operating loss in 2007. Turnover was up by NOK 4.5 billion compared Read more
  • Maersk analyses CO2-transports
    Maersk Tankers, the tanker arm of A. P. Møller-Mærsk, has carried out a transport and use of carbon dioxide emissions study. Maersk Tankers has designed a tanker capable of Read more
  • Mols-Linien hit by high oil prices
    Mols-Linien A/S was hit hard by high oil prices and the financial crisis in 2008. The result for the company fell from DKK 63 million to a deficit Read more
  • Sevan Marine in yard conflict over payments
    The Chinese yard Jiangsu Hantong Ship Heavy Industry threatens to take Norwegian Sevan Marine into arbitration in Singapore because of missed payments, according to international media. In a press release Read more
  • NSA positive to new transport plan
    The Norwegian Government has now announced the national transport plan for 2010-2019 ' the Government subsidies to sea transports and maritime infrastructure will increase from NOK 703 million to 1,085 million Read more
  • Svendborg Bugser buys tug Colombian tug
    Svendborg Bugser A/S has purchased the Colombian tug Poseidon, which will be renamed Egesund upon arrival in Denmark. The tug will be taken over in Cartagena, Colombia, this week

news on subscription
The Bunker Bulletinweb site
MARCH 16, 2009
  • Europe: Bunker prices weaken in Rotterdam
    But some other key ports see prices firm.
  • Bunker spill captain served legal papers
    Authorities praised for deciding against oil dispersants.
  • Aegean expands in Greece
    New York-listed global marine fuel supplier sets up 'permanent presence' in Patras.
  • Support for bunker levy grows
    German shipowners' group says EU's emissions trading scheme would leave European owners at a 'disadvantage'.
  • Asia: Downward slide for bunker prices
    Fall in line with drops in crude oil prices.
  • World fleet: Surplus tonnage 'could last years'
    Overcapacity could reach 10,000 vessels, even with order-book cancellations says DNV.
  • Vopak posts 17% rise in profit
    Adds 5.3 million m³ of storage capacity in 2008; expects storage demand to grow.
  • Brightoil meets obstacles in Hong Kong start-up
    Hopes to start supplying in April but yet to secure storage space.
  • Japan sees further drop to bunker sales in January
    Bunker sales in the country have been falling since September 2008.
  • Tender for bunker tanker charter
    Coastal vessel sought to transport bunker fuel for a period of six months.
  • No further cuts from OPEC
    Oil cartel wants to enforce agreed cuts before considering further reductions.




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