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19 April 2018 The on-line newspaper devoted to the world of transports 23:07 GMT+2

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The Business Timesweb site
AUGUST 18, 2009
Shipping News
  • MCC brings in another container vessel in Sept
    MCC Transport Philippines is bringing in another container vessel to ply its lucrative Philippine domestic service.
  • Bulk shipping demand to rise, supply gains to slow: Nomura
    Demand to haul commodities such as coal and iron ore at sea will strengthen and fleet growth slow, according to Nomura Holdings Inc.

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Sched Netweb site
AUGUST 18, 2009
  • Cosco contractor, HK's Fleet Management, fined US$10 million for spill
  • Prince Rupert bucks trend, quarterly container volume up 151pc
  • UASC hikes rates, adds congestion charge for Aqaba from Far East
  • Hapag-Lloyd shareholders okay bail out if government offers guarantees
  • US transport stimulus payout still fraction of what's allotted
  • GAC opens centre in heart of Rotterdam port area
  • San Fransciso box renter Textainer profit up 5pc as revenue falls 22pc
  • Israel's kibbutz, moshav carrier CAL Cargo Airlines joins Cargo 2000
  • Wallenborn acquires Scandinavian Haugsted AirCargo trucking

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Exim Indiaweb site
AUGUST 18, 2009
  • 5 dredgers figure on DCI's shopping list
  • Chhibber panel makes far-reaching policy recommendations for ports & shipping sector
  • Lack of soft loans sinking XI Plan tonnage acquisition dreams
  • WinAir (India) Logistic ready to go that extra mile
  • CMA CGM & MSC in new joint service on N. Europe to S. Atlantic, Mexico & US Gulf trades
  • CMA CGM hikes transpacific & transatlantic US export cargo rates
  • MAERSK LINE,UASC & MSC to hike rates
  • Toll Group & ANL join hands in Melbourne-Tasmania venture
  • HAMBURG SUD, ALIANCA & CSAV NORASIA rationalise trade between S. America EC & N. America EC
  • Shipyard deliveries ease off as scrapyards boom
  • ICTSI quarterly profit falls by 33 pc
  • New IWT route opened between Berlin & Hamburg
  • APL and Hapag-Lloyd revamp joint Asia-Mexico service
  • Rizhao Riqing CT now runs weekly Dalian service
  • Seaspan profit up by 32 pc
  • Seattle's new Terminal 30 receives first call
  • Hanjin loses $ 325 m in Q2, but sees upturn next quarter
  • Rail sidings inside Krishnapatnam port now fully operational
  • KoPT invites EoIs to develop port at Sagar Island
  • Dhamra port fast being readied for operations from April 2010
  • Vizhinjam Port remains moored to drawing board
  • MoS keen to bring ALL ports under MPRAA
  • Icra sees private ports relentlessly battling waves of market & operational risks
  • ICD-Pithampur reaches new milestone in commencing air cargo imports
  • Corporate India welcomes FTA with Asean
  • Malaysia begins counting FTA advantages

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International Transport Journalweb site
AUGUST 14, 2009
  • Agility: new container freight station in Dubai
    Kuwait-based Agility has opened a new container freight station (CFS) to offer consolidation and redistribution services from its hub in Dubai (UAE). The new CFS enables Agility to...
  • Group 7 offers new textile solution
    The German logistics service provider Group 7 recently rolled a new one-stop logistics chain. Group 7's latest offer encompasses a finished goods collection service from ...
  • UASC taking Hapag-Lloyd Indian Ocean-Europe slots
    The Kuwait-based carrier United Arab Shipping Company (UASC), which was jointly established by Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and the UAE, has agreed to take slots on H...
  • Port of Riga improving facilities
    The chairman of the Latvian railway, Ugis Magonis, believes that the port of Riga could become the largest port in the Baltic. After the breakdown of the Soviet Union, the port los...
  • Scottish-Dutch oil and gas logistics JV launched
    The Aberdeen-based Scottish oil and gas logistics specialists Asco has entered into a joint venture with the Maritime Service Centre IJmond (MSCIJ) group of companies (Netherlands)...
  • Logwin carries tank on the Danube
    The international logistics service provider Logwin transported a special 13 t tank by barge from Regensburg (Germany) to Cernavoda (Romania) for manufacturer Passavant Roediger. T...

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Maritime Global Netweb site
AUGUST 17, 2009
  • Arctic Sea found
  • Golden Ocean profit down
  • OW opens in Lübeck

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Marine Logweb site
AUGUST 17, 2009
  • Russian Navy finds Arctic Sea

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World Wide Shipperweb site
AUGUST 17, 2009
  • Panama Canal marks 95 years of operations
  • FreeSeas announces charters for three Handysize vessels
  • NYK Group makes donations to non-profit organizations
  • Coast Guard training exercise set for Port Angeles, Seattle
  • Border Protection personnel make food drive donations

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Lloyd's Listweb site
AUGUST 17, 2009
  • Arctic Sea found near Cape Verde
    MISSING general cargoship found by Russian navy according to the country's defence Minister Anatoly Serdyukov.
  • Search continues for Arctic Sea
  • SLS Shipbuilding hit by fresh dispute
    D'AMICO International Shipping and Glencore have launched further arbitration in bid to cancel product carriers order.
  • Creditors set to approve Wadan deal
    SOLUTION for the bankrupt German Wadan Yards is imminent, following a creditors' meeting taking place today.

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Fairplayweb site
AUGUST 17, 2009
  • Russia grabs Arctic Sea's crew
    A RUSSIAN cargo ship's crew is safe today on a warship and the Arctic Sea mystery solved, owner Viktor Matveyev confirmed to Fairplay
  • Windstar on insolvency ropes
    AMBASSADORS International, owner of Windstar Cruises, is warning that liquidity pressures could force it to seek bankruptcy protection
  • Fortescue strikes China deals
    FORTESCUE Metals today locked in iron ore prices and volumes with Chinese customers for the next six months, stealing a march on rivals BHP Billiton and Rio Tinto
  • RCL aims to get back to black
    THAILAND'S RCL has posted a net losses of 1Bn baht ($30M) for the first half of this year, but it aims to return to the black in the third quarter
  • Golden Ocean profits cut by half
    GOLDEN Ocean today said its profits for 2Q09 were slashed by 50%
  • Eimskip's creditors back shuffle
    CREDITORS of Iceland's Eimskip today unanimously approved a package put together by a US private equity investor and an Icelandic bank
  • EMGS encouraged by revenue rise
    NORWAY'S offshore company EMGS has posted 2Q09 net income of $7.1M, a fall from the $28.8M recorded last year

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The Journal of Commerceweb site
AUGUST 17, 2009
  • Union Says YRC Worldwide May Close New Penn
  • Diesel Edges Up 2.7 Cents to $2.652 per Gallon
  • Towne Completes TXLA Acquisition
  • Exporters Praise Review of Controls
  • Menlo Opens Chicago-area Export Facility
  • NY-NJ Seeks Local Harbor Trucking Oversight
  • Russia Finds Missing Cargo Ship Off African Coast
  • Arizona Rail Changes Name, Plans
  • Senate Bill Would Restructure Customs
  • NOL Volume Advances 8.8 Percent
  • NY Manufacturing Index Grows
  • CSX Starts Work on Major Intermodal Site

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Containerisation Internationalweb site
AUGUST 17, 2009
  • Prince Rupert box volume up markedly
  • Japan exits recession
  • APL decline masks monthly recovery
  • RCL hopes the worst is over
  • Hamburg in the doldrums

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TradeWindsweb site
AUGUST 17, 2009
  • You 'Terra'
    Greek owned bulker held at Tilbury as MCA inspectors find holes in the safety rail and need a crow bar to budge open doors.
  • Gauguin sold
    One-ship luxury cruise operation acquired by French Polynesia-based resort group for undisclosed fee.
  • Delays agreed
    Cosco Corp (Singapore) pushes back delivery of two supramaxes for European owner by as much as 18 months.
  • Facing the chop
    SLS could lose remaining Glenda International trio after owner seeks permission to cancel.
  • Arctic Sea found
    Russia's defence minister claims missing cargoship found with crew safe and well near Cape Verde islands.
  • Owner saved
    Eimskip creditors back rescue deal which will see 1,500 jobs saved at Icelandic containership firm.
  • Storing cash
    Indonesian owner bags FSO contract for 1983-built tanker worth $114.8m.
  • Coscol lighter
    Chinese heavy-lift player sees first half earnings and revenues slashed in downturn.
  • $100m less
    Waning revenues and no disposals send Golden Ocean's profit down but equity issue plugs a gap.
  • Tallink axes
    Estonian ferry group to chop 80 shore positions at its Finnish unit Silja to save cash.
  • RCL hurting
    Thai container line plunges to first-half loss as liftings and rates decline.
  • Offer too low
    Collapsed newbuilding sale does not automatically open the door for a GC Rieber takeover, Sea4 chairman Atle Bergshaven says.
  • $1bn black hole
    Sammy Ofer's Zim will have a $1bn cash flow shortage over next four years due to historic recession.
  • VLG eyes Baltija
    Lithuanian shipbuilder interested in buying Estonian yard put up for sale by Maersk.
  • Profit picks up
    Andre Goedee's Dockwise books a 35% rise in second quarter bottom line.
  • Tanker grounds
    German-owned vessel stuck in the Delaware River, but no pollution reported.
  • Wadan saved?
    Gazprom director Igor Yusufov close to deal to buy bankrupt German shipyard group.
  • Ore price set
    Fortescue agrees iron ore price with Chinese mills and targets $6bn in Chinese finance.
  • China's dry run
    China almost "sole contributor" to dry-bulk rally with visible signs hard to ignore, Golden Ocean says.
  • UASC resumes
    Kuwait-based container line reintroduces AEC2 Asia to Europe service with Hanjin as partner.
  • Rickmers rocked
    Share price takes a pounding on Singapore Exchange as investors react to liner outfit's dividend cut.
  • Davie improves
    Canadian shipbuilder cuts six-month losses, but cash worries continue.
  • Future buys
    AP Moller-Maersk boss Nils Andersen will consider acquiring other owners once market conditions change.
  • Dark Knight
    No quarterly dividend as Bermuda-based owner's profit crashes in weaker VLCC markets.
  • Thoresen tanks
    Thai bulker owner sees profits collapse by 75% compared to a year ago on weaker freight rates.
  • Marco Polo down
    Singapore shipowner and shipbuilder sees profits slide 21%, but says conditions may be improving.
  • Otto takes action
    Singapore offshore vessel shipbuilder seeks arbitration over cancelled newbuilding.
  • Mermaid weaker
    Foreign exchange losses dent third quarter operating profits at Thoresen Thai's offshore arm.

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American Shipperweb site
AUGUST 17, 2009
  • Peak season surcharges pique Asian shippers
  • UASC resumes Asia/Europe service, hikes surcharges
  • APL says rates 29% lower than a year ago
  • Swire, Air China increase stakes in Cathay
  • Elliott sworn in as STB chairman
  • "Hints of recovery" on Great Lakes
  • NS plants intermodal stake in Greencastle, Pa.
  • GAO: Consumer protection agency lacks import data
  • USDA worries about "artificial spread" of plant pests
  • Damco launches "dashboard" for tracking carbon
  • Broker Self-Assessment firms revealed
  • Report finds freight forwarding market fragility
  • L.A. port approves TraPac Terminal lease
  • COSCO Pacific volume down 6.7% in July
  • Intrepid venue for New York port conference

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The Scandinavian Shipping Gazetteweb site
AUGUST 17, 2009
  • Golden Ocean's profit halved
    The struggling John Fredriksen-controlled dry bulk operator Golden Ocean's profit fell more than 50 per cent in the second quarter. The company reported an operating profit of USD 28
  • Lukoil takes delivery
    Keppel Singmarine Shipyard in Singapore has delivered the first of two supply vessels, the Langepas, to Lukoil. The second vessel, the Koglym, is expected to be delivered shortly. Both vessels
  • Norwegian cement carrier runs aground
    The Norwegian-controlled cement carrier Cembalo, flying the Bahamas flag, ran aground last weekend on Hals Barre outbound from Aalborg with a full cargo of cement. The vessel sprung a
  • Weak first half of 2009 for DFDS
    DFDS Group reports a substantial decline in revenue in the first half of 2009 'l 25 per cent, from DKK 2.2 billion to DKK 1.6 billion. Despite the
  • Lithuanian sailors on their way home
    Five Lithuanian seamen, who were taken hostage on the Lithuanian flagged reefer vessel Saturnus in Nigeria on August 3 and released on August 14 are expected to come home today
  • Full City pulled off ground
    Around noon today, the Full City was pulled off the ground and will be towed to Eikstrand later today. The vessel hit the rocks off Langesund on July 31 and
  • Hapag-Lloyd asks for loan guarantees
    The German shipping company Hapag-Lloyd has applied for EUR 1.2 billion in German state loan guarantees, reports Reuters, quoting a government source. Earlier this year, the German consortium

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The Bunker Bulletinweb site
AUGUST 17, 2009
  • Shipping emissions have biggest impact on ozone
    New study compares three modes of transport, highly-sensitive areas highlighted.
  • Bunker prices plummet in Europe
    Crude showing further losses on NYMEX.
  • Bunker terminal has 'no military objective'
    Sri Lankan ports minister says Hambantota development is a commercial project.
  • Container revenue 29% down year-on-year
    Shipping company blames low rates and less revenue from bunker surcharges.
  • Engineer facing criminal charges for fuel spill
    Conviction on all counts could lead to five years imprisonment and fine.
  • Company launches physical operations in Lübeck
    O.W. Bunker strengthens its presence in the Baltic region.
  • Weakening crude pulls down Asian bunker prices
    380 cst bunkers fall by more than $20 in Singapore and Hong Kong.
  • Japan June bonded sales fall 18.9%
    But month-on-month sales rise 2.6%.
  • Pakistan bunker supplier opens new trading arm
    New firm will have offices in Pakistan and the UAE.
  • Second half 'will be worse' for shipping companies
    DVB Bank expects more cases of shipping companies falling foul of loan covenants.
  • Shanghai bunker prices closing gap with Singapore
    Premiums have also narrowed compared to Busan and Hong Kong since Chimbusco's change of pricing policy.
  • Catalyst allows 'higher fuel efficiency'
    Tests claim catalyst can cut fuel costs by an average of 9%.

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