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03 April 2020 The on-line newspaper devoted to the world of transports 00:43 GMT+2

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The Business Timesweb site
MARCH 19, 2009
Shipping News
  • Local firm paves way to cleaner vessel emissions
    When it comes to greenhouse gas emissions, the shipping industry is neither lean nor green. Ships carry about 90 per cent of global trade, and until recently, such has been the demand for coal, cars and electronics, that there has been little concerted effort to rein in the growth of polluting emissions from ships.
  • Baltic Dry Index hits two-week low
    The Baltic Dry Index, a measure of shipping costs for commodities, fell to the lowest in more than two weeks as rates for grain and iron-ore transporters dropped.
  • FedEx ground volumes may reflect bottoming
    FedEx Corp, which handles about one-third of packages shipped in the US, may say today that overseas express deliveries plunged while stabilising freight and ground volumes suggest the country's economy may be bottoming.

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Sched Netweb site
MARCH 19, 2009
  • Ying Kou Port Group plans to build new ports this year
  • Xiamen Port starts new shipping service to SE Asia
  • China is to reduce tax to boost logistics development
  • DB Schenker bags APAC Aerospace Logistics Co. of Year Award
  • Peshawar container terminal hit by militants, Pakistan routes under threat
  • DB Schenker opens logistics hub in Vietnam as JV
  • European rail freight customers' group to merge with the ESC
  • American Airlines awards cargo contract to WFS Toronto
  • Virgin appoints new regional sales manager for Australia and NZ
  • China opens new border airport in southwest

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Exim Indiaweb site
MARCH 19, 2009
  • A.P. Moller-Maersk may seek special ships to carry CO2 in 2 years
  • Half of dry bulk newbuildings ordered unlikely to take shape
  • GE Shipping hands over Jag Riddhi to buyers
  • DNV chief lists steps to cut CO2 emissions from ships
  • SEZ exports sizzle in times of recession!
  • Cashew kernel exports net more because of global shortage
  • Sensitive items imports swell by 33 pc in April-Dec. 2008
  • Chinese mop up 22 pc more ore from India
  • Edible oil export ban stays
  • Port union moots 2-3 days' talks to resolve wage issue
  • Queen Mary 2 cruises into Cochin Port
  • VPT wants Rs 500 cr. to hand over 40 acres to HSL
  • ICD-Loni completes 2 years of seamless performance
  • With RGIA completing a year, GMR Group plans int'l transhipment hub next
  • CBDT instructs I-T Dept to provide EOUs tax benefits
  • Tax exemptions preferred to refunds on SEZ services
  • FDI inflow resumes

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International Transport Journalweb site
MARCH 17, 2009
  • DHL wants to invest in Sri Lanka
    DHL recently announced that it plans to invest USD 8 million in Sri Lanka over a three-year period. The investment will go towards a joint venture with Capitol AEI, called DHL Glob...
  • New Zealand opens "pure clean green" temperature-controlled freight hub
    A new standard in temperature-controlled international freight-forwarding and logistics hubs has been officially opened by Hellmann Worldwide Logistics in the New Zealand city of C...
  • Lehnkering constructing new hazmat warehouse in Rotterdam
    The logistics service provider Lehnkering signed the contract for the construction of a new warehouse for hazardous goods in Rotterdam at the end of February. This represents a new...
  • Vopak announces changes to supervisory board
    Rotterdam-based Vopak has announced that Mr R.M.F. van Loon, member of the supervisory board, has resigned because of health reasons. Vopak's supervisory and executive boards are v...
  • Global Maritime Agency launches new service module
    Global Maritime Agency is adding a new service module known as Global Logistics to its portfolio. The module takes the shape of a 7,500 sqm new covered storage installati...
  • Port of Helsinki recognises the "Celebrity Constellation"
    The port of Helsinki (FI) has given its "Green Attitude recognition" to the cruise ship "Celebrity Constellation". The latter has been discharging its wastewater into the Hels...
  • NYK's "Izumi" makes maiden call at port of Hamburg
    The multi-purpose ship "Izumi", operated by the NYK Hinode Line, recently made its maiden call at the port of Hamburg. The vessel, which is suitable for transporting project cargo,...
  • Leonhard Imhof AG bankrupt
    The Swiss forwarding company Leonhard Imhof Spedition & Lagerhaus AG, based in Aesch, has fallen behind in paying its Swiss heavy vehicle fees. Banks are no longer willing to provi...

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Maritime Global Netweb site
MARCH 18, 2009
  • Genmar fined $1m
  • ASF concern over piracy threat
  • US steps up ballast check in Lakes
  • New head for Belize flag

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Marine Logweb site
MARCH 18, 2009
  • UN: Ending piracy requires restoring order to Somalia
  • C&G Boat Works gets $17.6 million Navy award
  • Excel Maritime delays earnings release
  • Richardson Devine delivers Incat Crowther work boat
  • Rolls-Royce opens new marine service centers
  • MTU names head of government affairs

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World Wide Shipperweb site
MARCH 18, 2009
  • Transpacific carriers eye changes to rate structure
  • Agencies respond to spill of hydraulic fluid from vessel
  • Steamer Portland plans Grand Re-Opening event
  • General Dynamics NASSCO lays keel for next T-AKE vessel
  • Carriers come together to establish new service

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Lloyd's Listweb site
MARCH 19, 2009
  • Excel Maritime delays results pending bank talks
    DRY bulk operator holds off releasing its 2008 financial results as it battles to nail down agreements with banks.
  • Excel keeps tight-lipped as Molaris quits as chief
  • Patrick eyes staff reductions
    NEGOTIATIONS underway with the MUA on voluntary redundancies to the tune of around 100 jobs.

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Fairplayweb site
MARCH 18, 2009
  • Lay-up rate hits year low
    THE NUMBER of ships entering lay-up has fallen to its lowest rate this year, according to figures from AXS Alphaliner released today
  • STX Europe warns on defaults
    SHIP BUILDER STX Europe has warned that its customers are at risk of defaulting on payments due to the recession
  • Japan orders plunge
    JAPANESE shipbuilders received just five orders for export ships in February, the lowest for 10 years
  • Korea's SNC goes bust
    KOREA'S SNC Shipbuilding has gone bankrupt, according to reports coming out of Gwangyang city
  • Singapore Exchange raps NOL
    THE SINGAPORE Exchange has reprimanded Neptune Orient Lines for not "sufficiently addressing' market rumours
  • Gazprom slashes gas exports
    RUSSIA'S Gazprom has slashed gas exports to its principal European customers, and the government is suggesting that the company may be ordered to cut spending on its new offshore oil and gas field projects in the Barents Sea
  • NZ shelves shipping fund
    NEW ZEALAND'S government today confirmed that spending commitments made by the previous Labour administration to coastal shipping would be upheld, but no further funds would be made available

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The Journal of Commerceweb site
MARCH 17, 2009
  • Obama Taps UTU Official to Head FRA
  • Pelletier out as Port of Montreal CEO
  • A.P. Moller-Maersk Cuts Costs
  • Canadian Trucker Slashes Costs
  • Top Railroads Slash Jobs in January
  • Geodis Buys Two Giraud Units
  • AMB Leases 250,000 SF in Toronto
  • Consumer Prices Climbed in February
  • Alabama Port Worker Dies in Accident
  • NAFTA Trade Slowed Last Year
  • Port Arthur Refinery Expansion Delayed
  • Japan, Peru to Work toward Trade Pact
  • Public-Private Partners Create Tech Initiative
  • Four Carriers to Start Joint Asia-ECSA Loop
  • Wholesale Transportation Index Falls
  • New York Air Cargo Plunges
  • Steep Downturn for Dredging Business
  • General Strike in France to Halt All Transport
  • EU Clears European Ports Deal
  • TSA Chiefs Vow No Rate War
  • Four Lines to Operate Far East Service
  • Maersk to Upgrade Middle East-Europe
  • China Shipping Development Profit Up 18 Percent
  • CSX Deploys Gensets in Chicago
  • Navistar Hits Profit in 1Q

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Containerisation Internationalweb site
MARCH 18, 2009
  • LA & LB container volumes plummet
  • TSA to initiate rate restoration plan
  • Montreal port president dismissed
  • CMA CGM on CreditWatch
  • X-PCL starts new UK feeder link

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TradeWindsweb site
MARCH 18, 2009
  • Excel in loan talks
    Gabriel Panayotides-led owner sells handymax and delays earnings report as it discusses waivers for loan covenants.
  • Pemex four hurt
    Four men suffer intoxication after chemical tanker releases styrene monomer in Mexico.
  • Matter of survival
    TSA fights "unsustainable" transpacific container rates as prior efforts deemed unsuccessful.
  • Log-In net slumps
    Brazilian shipowner and container logistics player sees quarterly profits shrink by 21.6% as CEO warns of future challenges.
  • Yacht striker ID'd
    Small cargoship Helen fingered by UK coastguard's for hitting a yacht off Cornwall.
  • Srab pulls three
    Swedish owner cancels tanker order at Eregli Shipyard in Turkey rather than go ahead with over-priced ships.
  • Ship, yacht collide
    A UK helicopter is working to rescue two aboard a yacht hit by merchant ship off Cornwall.
  • No thanks!
    Stolt-Nielsen cancels chemical tanker at SLS in Korea due to long delays, but still going ahead with another 11.
  • Tummy trouble
    USCG aids Filipino crewman of Transpetrol tanker suffering from severe abdominal pain.
  • Cost cutter
    AP Moller-Maersk to slash costs by an additional $1bn this year in face of new "global reality", CEO Nils Andersen says.
  • Port plea
    India's Visakhapatnam wants INR 5bn in compensation if it has to hand over land to Hindustan Shipyard.
  • Cammell cuts
    UK shiprepairer to lay off up to 200 of 600 workers as contract backlog drops.
  • Sailor lost off US
    USCG launches huge search for crew member of capsized boat working with pair of seismic vessels.
  • Exodus continues
    Khalid Hashim's Precious Shipping offloads ageing bulker in $3.05m deal ' its sixth sale in three months.
  • China plan rapped
    Move to force cancelled newbuilding orders on domestic owners given short shrift by Arctic Securities.
  • Dreyfus out
    French ferry owner scraps bid to take over struggling compatriot SeaFrance.
  • Ultrapetrol booms
    FFA gains and inflated revenues send Felipe Menendez-led owner to 'best ever' annual result.
  • ICG bid on way?
    Offer deadline day likely to coax lowly joint bid for Irish Continental Group, report says.
  • Crew cull?
    Labour secretary voices fears that up to 40,000 Filipinos could lose their jobs as Japanese owners lay up ships.
  • No defaults
    India's Bharati Shipyard facing late payments from some clients, but no cancellations as yet.
  • Box search on
    Australian Navy called in to find 31 containers of fertiliser which fell from Pacific Adventurer.
  • Boskalis better
    Dutch dredger enjoys record profit in 2008, but Dubai downturn will hit this year.
  • CSDC scales back
    Li Shaode-led shipowner prepares for the worst in 2009 with cargo demand set to weaken and the fleet increase.
  • More Cosco woe
    First of Remedial Offshore's Elevated Support Vessel newbuildings has been delayed by three months.
  • SCI holds fire
    Sabyasachi Hajara-led shipping giant sitting on eight ship orders until the next financial year due to the economic downturn.
  • Dalian LNG tie-up
    Chinese port to take 20% stake in joint venture that will build and operate an LNG terminal.
  • MOL makes offer
    Japanese giant to gobble up rest of shares in its ferry subsidiary Kansai Kisen.
  • SpecTec pounces
    Shipping IT provider snaps up 20% of Austrian cruiseship software specialist MarineXchange.
  • Four go south
    Quartet of Asian boxship lines including NYK and K Line launching new South America run in June.
  • Money back
    Singapore offshore vessel operator receives refund guarantees from cancelled Karmsund orders.
  • Gate grab
    Dutch LNG terminal snags EUR 136m loan to fund 3bn cbm expansion.
  • Long Beach slides
    US west coast port sees container volumes drop 40% from a year ago to lowest figure in five years.

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American Shipperweb site
MARCH 18, 2009
  • Transpacific carriers look to raise rates
  • Maersk looks to trim $1 billion in spending
  • 4 lines form Asia/South America link
  • Alaska Air upgrades seafood transport training
  • World Bank: Financial crisis spawns protectionism
  • Long Beach container volumes sink in February
  • Charleston hails NSCSA service

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The Scandinavian Shipping Gazetteweb site
MARCH 18, 2009
  • Cheap Swedish ice winter 2007/08
    The 2008/2009 ice season was an extremely easy one with the lowest ice extent since the beginning of the 20th century. Only 49,000 km2 of the Baltic was covered Read more
  • SRAB cancels tanker trio to massive loss
    Stockholm based ship owner SRAB reports a SEK 32 million loss when cancelling the order of three 8,400-DWT tanker newbuildings at Eregli Shipyard in Turkey. The cancelling means that Read more
  • German shipbuilders face cancellation wave
    According to the German Economy Ministry, German shipbuilders face order cancellations worth as much as EUR 936 million in 2009, in 2008 the shipbuilders received cancellations worth EUR 730 million

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The Bunker Bulletinweb site
MARCH 18, 2009
  • Europe: Bunker prices still climbing
    'Huge demand' in Rotterdam.
  • Russian fuel oil exports 'to fall'
    Refinery maintenance expected to hit volumes in April.
  • Bunker price fluctuations present 'unprecedented challenge'
    Chinese shipping group speeding up restructuring to reducing bunker consumption.
  • Asia: Bunkers extend gains mid-week
    Demand thin in Singapore on Wednesday
  • East Asian port suspends 380 cst sales
    Terminal pump for the product is out of order.
  • Small vessel spills on the rise
    Majority of the spills were bunker fuel.
  • Pakistan supplier returns to international market
    Neglected international market due to engagement in long-term contract with local corporations.
  • MPA withdraws licences from convicted surveyors
    Licensing standards set by the port authority 'must be followed'.

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