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29 September 2020 The on-line newspaper devoted to the world of transports 05:32 GMT+2

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The Business Timesweb site
MAY 19, 2009
Shipping News
  • Drydocks World adds 2 berths for FPSOs
    Drydocks World-Dubai is signalling its rising strength in the shiprepair and conversion space with the addition of two new berths capable of doing large floating production storage and offloading (FPSO) vessel conversions.
  • M-East tanker supply drops on unexpected Asian ship demand
    The supply of supertankers competing to ship Middle East oil shrank for a second week after an unexpected increase in demand last week for vessels to collect the region's oil.

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Sched Netweb site
MAY 19, 2009
  • Hong Kong to cut ship fees at annual cost of US$2.2 million to itself
  • ICTSI sees net earnings fall 44pc to US$20 million
  • Singapore's Asia Shippers Council blame cartels for boom, bust cycle
  • Budget prompts Canberra to cut customs inspections from July 1
  • NYK, India's CONCOR join in railway service for containerised cars
  • APM Terminals joins Bollore Group to build new Congo terminal
  • Japan leads this years Marshall Islands fleet growth
  • Dachser raises turnover 12pc globally, increases China revenue 20pc
  • International Freight & Logistics Network conference May 31
  • Lufthansa posts US$58 million quarterly loss after cargo fall
  • Dallas/FW Airport gets air cargo service from Shanghai May 22
  • Emirates Airline sees bottom in air cargo decline
  • OAG teams up with IBS for air freight application

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Exim Indiaweb site
MAY 19, 2009
  • Maersk Line announces rate restoration programme between Asia & S. America EC
  • With head well above water, Mercator braces for challenges ahead
  • Britannia Steam Ship seminars draw excellent response
  • IFLN's 4-day conference from May 31 drawing keen interest
  • OOCL features in guide to cut carbon footprints
  • Less than $1,000 to move an FEU from Hong Kong to LA!
  • MISC to withdraw from Grand Alliance's Far East services
  • CMA CGM & Maersk Line to launch joint service between North Asia & Black Sea
  • Hyundai to join Maersk Line, CMA CGM & APL on Asia-USEC services
  • Maersk Line starts TP10 all-water China-USEC service
  • Cosco's new S-E Asia service calls at SICT
  • CSCL's AAE1 all-water service starts calling at Shenzhen
  • MSC to call at Charleston until 2017
  • DCT Gdansk shows off heavylift cargo handling capabilities
  • Chinese ports post 10 pc March gains after months of decline
  • IMCL launches Gdansk-Rotterdam/Hamburg weekly feeder
  • Chinese logistics & port reps keen on Hamburg
  • Zhangzhou Terminal offers weekly service with Wan Hai
  • DP WORLD & Flinders Ports in new partnership for Adelaide box terminal operations
  • Seafood exports swim against tide to net 10 pc more
  • 5 berths among Paradip Port's expansion plans
  • Inflation rate eases to 0.48 pc
  • India now 3rd-largest steelmaker
  • Forex reserves swell by $4 bn
  • Commerce Ministry ready with action plan to bail out exporters in Budget
  • Nafed buying 3,000 tonnes of onions
  • New govt should kickstart core sector development quickly-economists
  • It's a vote for development, asserts AEPC
  • 3 ex-chiefs of RBI say right policy decisions sheltered economy from global gloom

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Maritime Global Netweb site
MAY 18, 2009
  • Piracy "insider" claims dismissed
  • MOL launches Vietnam - US West Coast service
  • Anglo-Dutch seafarers' union formed
  • Nordic American raises $130m

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Marine Logweb site
MAY 18, 2009
  • Conrad Industries wins new barge contracts
  • Drydocks World Dubai adds FPSO Quay
  • New leadership at VT Halter Marine
  • STX Europe has new President & CEO

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World Wide Shipperweb site
MAY 18, 2009
  • Port of Seattle marks dedication of Terminal 30
  • Carnival cruise vessels heading back to Mexico
  • New Armed Forces display unveiled at Portland Airport
  • Port of Bremerton names new CEO
  • Horizon Lines earns Walmart top carrier honor

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Lloyd's Listweb site
MAY 18, 2009
  • Asia-Europe cargo slump shows signs of slowing
    BOX lines serving the shell-shocked Asia-Europe trades enjoyed some respite in March as the pace of decline slowed.
  • MISC to quit Asia-Europe trades
  • Suez Canal Authority stands firm on transit tolls
    LINER firms prepare to divert more services around the Cape of Good Hope after failing to secure concessions.
  • Steamship warns claims costs reduction will not last
    RECENT reduction in claims costs might not last into 2010, despite the shipping downturn, says chief James Stockdale.

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Fairplayweb site
MAY 18, 2009
  • FESCO cancels credit rating
    RUSSIAN fleet operator FESCO today cancelled Moody's credit ratings for the company until further notice
  • Oz navy drives pirates away
    AUSTRALIAN warships have foiled a pirate attack on a UAE tanker and a box ship in the Gulf of Aden
  • Szczecin yard sold to Gdynia buyer
    UNITED International Trust, the investor that acquired the most important assets of Poland's Gdynia yard last week, has also bought those of its counterpart in Szczecin
  • German ports lose ground
    HAMBURG and Bremerhaven shed market share in northern Europe's box handling in this year's first quarter
  • Two sought after Singapore sinking
    TWO PEOPLE are reportedly missing and several injured after a fire broke out this morning on a tanker off Singapore
  • 22-day Cochin strike ended
    A STRIKE at Cochin's port over manning issues was called off today after a deal was struck between trade union leaders and management

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The Journal of Commerceweb site
MAY 18, 2009
  • Shipper Ties YRC Bailout to Lower Rates
  • Diesel Climbs 1.5 Cents to $2.231
  • Illinois Aims at STB, CN-EJ&E
  • Brazil, China Negotiate Trade Pacts
  • AutoInfo Profit Plunges on Lower Revenue
  • ANL Announces General Rate Increase
  • Grand Alliance to Replace MISC Vessels
  • Japanese Ship 0rders Sink 74 percent
  • India's Container Traffic Dives
  • Logistics Merger Activity Plummets
  • Truckers Challenge Court on Clean Trucks
  • Waterway Groups Blast Lock User Fees
  • Consumer Product Labeling Must Proceed
  • YRC Gets Reprieve
  • Steel Exports Sink 34 Percent

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Containerisation Internationalweb site
MAY 18, 2009
  • Indian stocks surge after Congress victory
  • South Africa port volumes show modest rise in 2008
  • GA plays down MISC's departure
  • Cold ironing in Antwerp
  • Soerensen goes at UASC

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TradeWindsweb site
MAY 18, 2009
  • Wilson Sons gains
    Profits grow at Brazil's Wilson Sons, despite 14.5% slump in revenue at the offshore vessel and terminal player.
  • Off the rocks
    Cash call allows James Stockdale led Steamship Mutual to steer way through portfolio peril.
  • Close call
    Emarat Maritime confirms aframax attack and releases pictures showing pirates at close quarters.
  • Flu costs millions
    As it prepares to return to Mexico, Carnival Corp says the swine flu itinerary changes slashes an estimated $0.05 per share from earnings.
  • MEND blockade
    Nigerian militant group threatens to block waterways used by vessels serving the country's oil industry.
  • TEN tumbles
    Nikolas Tsakos-led company sees bottom line slump but figures measure up well against Wall Street expectations.
  • Losses shrink
    Windstar Cruises parent Ambassadors International trims its losses in first quarter as it sheds non-cruise assets.
  • Attack pictured
    Escape from pirates by new aframax and MSC-chartered boxship snapped by Australian Navy.
  • Ire at 'evil police'
    Somali piracy commentator Andrew Mwangura hits out after Kenyan authorities drop charges.
  • Second death
    For the second time in recent days, a Ukrainian seafarer was found dead in a cargoship in Brazil's Bahia state.
  • Costly for Essar
    Indian tanker, bulker and ports group's annual profit slashed as expenses rise.
  • On the mend?
    Indian shiprepairer WIS cut its losses in year to 31 March, but raw materials and interest costs rise.
  • Sjotveit quits
    STX Europe CEO makes hasty exit and is replaced by Sang-Ho Shin.
  • Sembcorp sued
    Singapore-listed shipyard faces legal battle over cancelled newbuilding order.
  • Port's profit up
    Aberdeen Harbour sees full-year bottom line rise on the back on increased traffic figures.
  • Fesco prospers
    Russian box line's first quarter profit soars as it scraps Moody's ratings on debt.
  • Rig deal binned
    Great Offshore sees $150,000 per day jack-up contract with ONGC torn up after five-month delay to newbuilding.
  • Jaya jaded
    Singapore-listed offshore owner sees bottom line tumble following currency losses and lower sales gains.
  • Reef run-in
    Accident report reveals Cosco boxship grounded off Hong Kong after avoiding posse of fishing vessels.
  • Pole position
    United International Trust follows up purchase of Poland's Gdynia shipyard with capture of Szczecin.
  • Still exploring
    GX Technology will keep hold of the Geo Explorer for another four months, GC Rieber says.
  • RCL sinks into red
    Weak rates, slumping volumes, weak Bhat and no disposals sends Thai carrier to firs-quarter loss.
  • MBC backed
    Analyst rates Malaysian bulker company's stock as a cheap buy due to well-managed fleet.
  • Breakers busier
    Scrapping sales increase as Pakistan leads the way and prices rise.
  • Davie loses less
    Struggling Canadian shipyard has cut losses in first quarter, despite shutting down for more than a month.
  • JES takes a hit
    Substantial foreign exchange losses take their toll at Singapore-listed Chinese shipbuilder.
  • Vietnam direct
    Japanese container line MOL launches run from Cai Mep to US west coast.
  • Sorensen to go
    Former Maersk man Ken Bloch Sorensen leaving top job at United Arab Shipping Co.
  • APL goes direct
    Singapore liner operator to offer direct container service between Vietnam and the US west coast.
  • Fast rescue
    P&O ferry crew drag man from the ocean after he went overboard at the weekend.

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American Shipperweb site
MAY 18, 2009
  • MISC to depart Asia/Europe trade
  • UASC CEO steps down
  • IMO adopts ship-recycling treaty
  • Delta Cargo moves into new JFK facility
  • Lenders lift covenant for YRC
  • NCBFAA objects to ACE funding cut
  • CII, American Shipper start logistics job portal
  • Dascher subsidiary to be rebranded
  • NCBFAA weighs in on broker filer code lawsuit
  • Broker association speaks out
  • ICTSI first quarter profit down 44%
  • COSCO: Terminal figures show no uptick

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The Scandinavian Shipping Gazetteweb site
MAY 18, 2009
  • Torm sells two bulk carriers
    Dampskibsselskabet Torm has sold two of its Panamax bulk carriers to an undisclosed buyer. The sale has been announced in a statement to the OMX Stock Exchange in Copenhagen saying
  • Scrapping convention adopted
    An IMO diplomatic conference has adopted the International Convention on Safe and Environmentally Sound Recycling of Ships. The convention has been heavily criticised by several lobby organisations for not regulating
  • New Russian steps toward shipping protectionism
    The maritime department of the Russian Transport Ministry wants to replace the Norwegian barge UR-91 with a Russian barge for the transportation of two drilling rig modules to the

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The Bunker Bulletinweb site
MAY 18, 2009
  • IMO report: GHG reductions can be profitable
    New GHG study identifies potential for 25-75% efficiency improvements, cutting industry's costs and emissions.
  • Prices start week mixed
    Prices softening in Southern Europe
  • Bunkering continues as normal following earthquake
    Port operations unaffected after tremor shakes California.
  • Plans could create more bunkering capacity
    Gibraltar studying options for expanding port services to Eastern Anchorage.
  • $70 million Q1 loss for STX Pan Ocean
    43% decrease in bunker fuel cost, but sales drop 66%.
  • Fuel removal starts on sunken cruise ship
    Louis Hellenic Cruises to pick up bill for operation two years after vessel went down.
  • Bunker prices fall
    Similar price drops seen in Singapore and Hong Kong on Monday.
  • Pakistan supplier moves beyond domestic market
    Local barge operator starts offering bunkers to international vessels.
  • Scientists design new method to detect oil spills
    Scientists base technique on electrical conductivity.
  • Saudi Aramco in oil spill exercise
    Countries in the Arabian Gulf conduct regional oil spill drill.
  • Shipbuilding contract disputes need 'open dialogue'
    Defaulters should approach yards with 'clear proposals', lawyer says.

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