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11 July 2020 The on-line newspaper devoted to the world of transports 07:50 GMT+2

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The Business Timesweb site
MARCH 18, 2009
Shipping News
  • Unique boxship economics
    MARITIME transport is the backbone of international trade and an important enabler of economic globalisation. If not for the significant gains in technical and organisational efficiencies achieved in shipping and international logistics, we would not be seeing the rapid expansion of international outsourcing and global production networks.
  • Tianjin Port merges with rival in US$1.4b deal
    Tianjin Port Development Holdings Ltd is paying US$1.4 billion for control of Shanghai-listed rival Tianjin Port Co Ltd, in an expected consolidation of China's third-largest port.
Strait Talk
  • Celebrating S'pore's shipping links
    AS recently as October 2008, shipping people were gathering in Singapore for last year's Maritime Week. So it may come as a bit of a surprise that we are just a month away from this year's celebration of the island's links with the sea and shipping.

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Sched Netweb site
MARCH 18, 2009
  • CMA CGM (America) appoint director of inbound trade and government cargo
  • Maersk responds to THC charge responses
  • Sinotrans reshuffles domestic express business
  • South Africa's Grindod prepares for tough year
  • Islamabad-Tehran-Istanbul box rail link given go ahead
  • Panalpina to cut up to 1,600 jobs as freight volumes fall
  • ESC, CLECAT slam European Parliament vote on Eurovignette III
  • Swiss WorldCargo offers new Zurich-Lyon service
  • China Postal Airlines launches Shijiazhuang-Nanjing-Wuhan line
  • Progress towards 100 per cent air cargo screening

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Exim Indiaweb site
MARCH 18, 2009
  • Stimulus package for ports & shipping sector being sought-A.P.V.N. Sarma
  • Mercator earmarks Rs 560 cr. for 2 dredgerss
  • Tebma Shipyard delivers survey vessels to make DCI's work more accurate
  • Baltic Dry Index on 3-week dive
  • Onion exports to Bangla shoot up
  • Safeguard duties may be slapped on 12 Chinese products
  • Jewellery exports lose lustre
  • Krishnapatnam Port sets course to become biggest gateway facility in South Asia
  • KoPT's move to use Chinese dredger in Hooghly stonewalled
  • Mundra Port deftly handles rail coaches imported for Delhi Metro
  • Railways hauling less loads
  • Deccan Cargo takes off in April
  • Airfare war halves ticket prices in US
  • Plethora of heavy investments to counter meltdown waves in 2009-10-CMIE study
  • BoA empowered to clear conversions into EOUs of enterprises exceeding Rs 50 cr.

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Maritime Global Netweb site
MARCH 17, 2009
  • Mitropoulos repeats call for action on recruitment
  • Maersk Tankers "ready for CO2 transport market"
  • "No increase in tanker demand likely"
  • Energy efficiency "progress" at IMO

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Marine Logweb site
MARCH 17, 2009
  • Superferry announces layoffs
  • Barge fleet grows
  • Hawaii Superferry suspends operations

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Lloyd's Listweb site
MARCH 18, 2009
  • Pacific box lines unveil plan to bolster rates
    TSA seeks to hike rates by $500-600 per feu on 2009-10 contracts, cut off reduced spot rates by June.
  • Pacific box lines turn to new bunker formula
  • Pacific Adventurer box search like "needle in a haystack"
    QUEENSLAND minister says efforts to recover 31 containers like trying to find "a needle in a haystack".
  • China Shipping sees net profit rise 18%
    SURGING revenue from its dry bulk and tanker business helped lift 2008 net profits to Yuan5.4bn.

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Fairplayweb site
MARCH 17, 2009
  • Gdynia yard put up for sale
    POLAND'S Gdynia shipyard today had its assets divided and put up for tender
  • US bulk fears of Mexican standoff
    A SPAT OVER Mexican trucks venturing into the US may now impact bulk and breakbulk trades between the two nations
  • Coal is king in China
    COAL IMPORTS to China last month surged to their highest levels in at least 22 months, according to a report in the China Daily
  • Star Bulk reveals successful debut
    STAR BULK Carriers today announced a net income of $133.7M for its first full year of operations, buoyed largely by a successful fourth quarter

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The Journal of Commerceweb site
MARCH 17, 2009
  • Saudi Carrier Adds Charleston Call
  • Sea Ocean to Launch Box Service
  • LA/LB Box Volumes Plunge
  • Alaska Air Cargo Enhances Seafood Shipment
  • Cargostore Invests in Rental4000
  • DB Schenker Opens Vietnam Logistics Center
  • Port of Corpus Christi Gets $8.25M in Stimulus
  • Manufacturers Urge Congress to Promote Exports
  • Governments Sign Hong Kong Bridge Contract
  • Tropical Shipping Renews with Palm Beach
  • Asia-Australia Lines Hike Rates
  • KCS Touts Line Security in Mexico
  • Producer Prices Rebound
  • Virginia Mayors Oppose Terminal Takeover
  • CMA CGM Green Ship to Arrive
  • Greece Halts Thessaloniki Privatization
  • Japan Ship Orders Sink
  • Mexico Retaliates with Tariffs

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Containerisation Internationalweb site
MARCH 17, 2009
  • Chennai mega container terminal to go ahead
  • Hong Kong and Singapore's box handling continues to fall
  • Brown's pledge to world trade
  • Laid up fleet exceeds 1.4 million TEU
  • Property writedowns hurt Forth Ports

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TradeWindsweb site
MARCH 17, 2009
  • US shares jump
    Afternoon rally in New York markets push shipping shares upward, as Star Bulk and Trico lead the pack.
  • Platou raids rival
    RS Platou Markets lures six big-hitters from rival finance house Pareto Securities.
  • Armada alert
    Tommy Rathleff warns creditors will get "insignificant" payout if insolvent charterer is liquidated.
  • Casualty file
    Australia's Pacific Adventurer disaster and the Cygnus Ace collision off Japan lead TradeWinds WebTV's weekly smash-up roundup.
  • Ferry shut down
    State supreme court ruling shutters Hawaii Superferry's inter-island fast-ferry service.
  • HMS cash flow
    Dockwise reveals $42m in contracts, including deal to move a Royal Navy ice patrol ship that got into hot water.
  • More in Aden
    WebTV report shows Japan and South Korea sending warships to combat pirates off Somalia.
  • Ship hurt in storm
    Six to 12 metre swell cause minor damage Horizon Lines vessel as it left Alaska for Tacoma.
  • Shooting Star
    Star Bulk Carriers' Nasdaq-listed shares jump by 22% after reporting better-than-expected earnings.
  • Scrap clean-up
    Bangladesh is getting tough on shipbreakers in a bid to improve the sector's environmental record.
  • SNO to fall
    Romanian shipyard expects profit to drop 45% this year, but investors to pocket big 2008 dividend payout.
  • Scan shedding 3
    Scan Geophysical to rid itself of troublesome newbuildings after write-downs send it deep into the red for 2008.
  • RCL master held
    Captain of Thai ship involved in collision with Korean vessel which sank with 16 missing arrested.
  • HKF plunges
    Hong Kong ferry group piles up losses as value of equity-linked notes plummets.
  • Box lay-up slows
    Seasonality puts the brakes on idling of containerships while merger of services brings notable pause in lay-up of panamaxes.
  • Fisher stronger
    UK tanker and marine services group pushes up 2008 profit and says it is well placed to weather downturn.
  • Brittany's bid
    French ferry owner offers EUR 62m for struggling cross-Channel compatriot SeaFrance, but jobs will go.
  • Divi doubled
    A trebling of its bottom line in 2008 leads Hallin Marine to boost its shareholder payout.
  • Japan holds 14
    February list includes general cargoship hauled up for oily water separator deficiency.
  • Close call
    Listing Dutch ship suffers cargo shift in North Sea, but is safely towed into port.
  • Tianjin tie-up
    Rival port operators in Tianjin set for merger in much anticipated consolidation of Chinese ports.
  • Worker wins
    US court rejects Bollinger Shipyard's appeal against sandblaster's injury claim.
  • Holding on
    Struggling shipbuilder C&Heavy is resisting calls for it to enter administration as it searches for a buyer.
  • Doubling up?
    Norfolkline could add second ship to its new Scotland-Belgium run if demand proves strong.
  • Asciano on block
    Struggling Australian ports and rail group puts major assets or entire company up for sale.
  • Aegean expands
    Nikolas Tavlarios-led bunker player bolsters its domestic presence with new operation in Patras.
  • Fairstar sells
    Oslo-listed heavy-lift player brings in $8m from two share issues.
  • Canal crunch
    Scandlines ferry and Cypriot-flagged boxship hit lock during passage through Kiel Canal, Germany.
  • WWL to lay-up
    A 30% to 40% decline in volumes of cars shipped prompts desperate action from Scandinavian partners.
  • Star celebrates
    Akis Tsirigakis-led bulker outfit, part owned by TMT's Nobu Su, marks first year as a listed company.

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American Shipperweb site
MARCH 17, 2009
  • CSAV asks bank for help to weather storm
  • Containership layups exceed 1.4 million TEUs
  • Tanker company hit with $1 million fine
  • European rail group merges into ESC
  • Bersin top candidate for CBP chief
  • Mexico retaliates against truck ban
  • CEVA in automotive deals
  • Schenker opens Vietnam logistics hub
  • Port operator: Everything calm in Cabello
  • Tianjin port operators merging
  • Port of L.A. February traffic down 33%

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The Scandinavian Shipping Gazetteweb site
MARCH 17, 2009
  • Grimaldi calls for mandatory phase-out of older vessels
    The Grimaldi Group CEO, Emanuele Grimaldi, calls for a mandatory phase-out of all vessels over 30 years to fight the downturn plaguing the shipping industry, Lloyd's List reports.
  • Wallenius vessels in lay-up
    Wallenius is laying up six vessels. The Toba (built in 1979, 3,900 cars) and the Tabiola (built in 1978, 4,000 cars) which are owned 50/50 with Wilh. Wilhelmsen and
  • Million-dollar fine for oily water discharge
    A federal judge in Corpus Christi, Texas, has sentenced the Portuguese company General Maritime Management to a USD 1 million fine and five years of probation for illegal discharge of

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The Bunker Bulletinweb site
MARCH 17, 2009
  • Europe: Strong demand for bunkers in Rotterdam
    Market busy as North European bunker prices firm.
  • Rosneft awards fuel oil tender
  • Armada still struggling to avoid liquidation
    Troubled dry bulk operator has warned that creditors could get 'insignificant' returns.
  • Call for older vessels to be scrapped
    Phase-out would reduce emissions, says managing director of the Grimaldi Group.
  • Asia: Bunkers rise on crude oil gains
    Hong Kong and Tokyo Bay prices narrowing.
  • Shell limits 180 cst supplies in Sydney
    Product available on "limited spot basis".
  • Singapore container throughput dives
    February figures slowed significantly as shipping trade continues to weaken.
  • Bunker supplies tighten in Japan
    Some suppliers have already sold their March allocation of bunker product.
  • Bunker surveyors plead guilty to corruption in Singapore
    Accredited Singapore supplier involved in bribery charges of three surveyors.

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