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05 August 2020 The on-line newspaper devoted to the world of transports 04:31 GMT+2

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The Business Timesweb site
JULY 20, 2009
Shipping News
  • IMO agrees to CO2-cutting proposals
    The United Nations (UN) shipping agency on Friday agreed to voluntary proposals aimed at cutting carbon emissions, delegates said.

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Sched Netweb site
JULY 20, 2009
  • Wan Hai pledges 'enforcement' of rate recovery, plus transpacific hikes
  • Fujian sea ports first half container throughput falls 10.7pc
  • Russia's OPK, Hyundai Heavy to team up in arctic shipbuilding
  • 22.7pc of HK throughput originates from PRD ports
  • TAPA sets up Shanghai-based anti-cargo crime taskforce
  • DHL invests in Singapore supply chain centre
  • Rotterdam stabilises with first half container volume of 15pc
  • German start-up cargo airline to offer charter flights
  • Macau airport half-year cargo volume plunges 64pc
  • Zhuhai airport cargo throughput sets new record in first half of year
  • ASTAR move to Florence, Kentucky preserves jobs

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Exim Indiaweb site
JULY 20, 2009
  • MSC to implement Rate Restoration on India-Red Sea trade
  • GE delivers Jag Panna to buyers
  • Maersk Line wins award for super slow steaming initiative
  • Singapore tops among Asean to invest in India
  • White sugar imports via private channels may be allowed
  • Parties approach KPT for setting up thermal power plant on Port land
  • Beefing up TAMP: Panel's draft on website-Vasan
  • Hind Terminals develops another innovative CFS product in Nhava Sheva
  • Lufthansa Cargo widens security concept to smaller stations
  • New norms clear cloud on stamp duty waiver for SEZ developers
  • Mega food parks in 10 states approved
  • BoA clears denotification of 6 SEZs
  • New policy for SSP fertiliser under study
  • Investments up by 50 pc in textile industries!
  • Cairn's output to cut import bill
  • Mechanisms to reimburse state-level taxes to exporters being examined
  • Y-o-y commercial credit downswing alarms Fieo chief
  • Rs 1,000-cr. fund for MSMEs taking shape
  • Nath invites investors to decade's defining sector
  • Industry Minister to head Board of Trade
  • Punjab sets up portal for SME exporters
  • Minister explains IICA's tasks
  • Maran leading 17-man textile mission to tap Japanese market

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Maritime Global Netweb site
JULY 17, 2009
  • Ship valuations dilemma
  • Bunker receipts must show true sulphur content
  • ITCL - Extension of Charter
  • Guilty pleas in new magic pipe case

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Marine Logweb site
JULY 20, 2009
  • Cosco Busan pilot gets 10 month prison sentence

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World Wide Shipperweb site
JULY 17, 2009
  • Stimulus funds help complete Port of Tacoma road project
  • Rail freight traffic down during month of June
  • Gun salute celebrates Coast Guard command change
  • Crystal takes top spot for 14 years running
  • Vessel engineers plead guilty to dumping untreated waste

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Lloyd's Listweb site
JULY 17, 2009
  • IMO sets out firm plans for Copenhagen
    DELEGATES at MEPC meeting agree number of emissions strategies ahead of post-Kyoto talks.
  • Cutting CO2 is crucial climate target, says IMO
  • Suezmax earnings plunge to record lows
    DESPERATE owners undercut each other to secure business amid a collapse in demand.
  • TT Club lends backing to Rotterdam Rules
    INSURER welcomes "harmonisation, transparency and modernisation of liability systems the regime aims at bringing".

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Fairplayweb site
JULY 17, 2009
  • ITF targets Honduran flag
    THE International Transport Workers' Federation has asked members worldwide to protest the Honduran coup through actions targeting Honduran-flagged vessels
  • CIT trade fallout begins
    SOME suppliers to US retailers reportedly have already begun halting shipments today as lending institution CIT teeters on the brink of bankruptcy
  • German yards brace for bumps
    GERMAN shipbuilding faces more bankruptcies and labour unrest by autumn unless Berlin provides more aid, senior industry figures told Fairplay
  • More KG vessels squeezed
    LIQUIDITY problems for German KG box vessels continue to escalate, with another one-ship company going insolvent today
  • Singapore exports drop 5.2%
    SINGAPORE'S exports have dropped, IHS Global Insight reported today, creating uncertainty about future demand

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The Journal of Commerceweb site
JULY 17, 2009
  • House Panel Approves $75.8 Billion DOT Budget
  • LA/LB Imports Slide 22 Percent
  • UPS Says No 'Pay to Play'
  • YRC Teamsters Prepare to Vote on Major Changes
  • British Airways to Raise $1 Billion in Cash
  • Le Havre Box Traffic Falls 8 Percent
  • India Sets Port Projects on Fast Track
  • KCS, Wallenius To Open Auto Hub
  • OOCL Christens Eighth Panamax Ship
  • Baltic Dry Index Grows 18.7 Percent
  • Russian Carrier's Revenue Up
  • Japanese Ship Orders Drop Nearly 80 Percent
  • Small Railroad Traffic Falls From June
  • Oberstar Says 'Second Stimulus' Should Be Highway Bill
  • White House Sends Ferro Nomination to Senate
  • Conservative Group Hit Up FedEx in UPS Dispute
  • House Committee Pushes New Transportation Bill
  • KCS Railway Celebrates New Texas Link

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Containerisation Internationalweb site
JULY 17, 2009
  • Trials and tribulations
    It has been another week or so of mixed messages although generally the bad news has just had the edge on the more positive sentiments that have been coming through.
  • Few ship orders cancelled so far in 2009
  • ICTSI outlines La Plata plan
  • COSCON ups freight rates and adds surcharges across more trades
  • APL's LA terminal set for expansion
  • Cool Logistics to address key issues

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TradeWindsweb site
JULY 17, 2009
  • Elliot duo sold
    Italian interests reported to have paid $36m for 26,800-dwt bulker newbuildings cancelled by folded Elliot Bulk.
  • ITF hits Honduras
    Loading and unloading of 650 Honduran-flagged ships may be affected as labour group protests coup.
  • Greek pair guilty
    Greek engineers plead guilty in New Jersey over discharges of bilge waste from Dalnave Navigation bulker.
  • Claros seek cash
    CSAV's largest shareholder, the Claro group's Marinsa, plans $131m capital raise.
  • Dry outlook rises
    Jefferies analyst hikes estimates for bulker owners thanks to improve Chinese iron ore exports.
  • Eagle gets cash
    Nasdaq-listed Eagle Bulk swells cash position after completing $100m share issue.
  • Blast kills two
    Barge explodes at Niteroi shipyard, killing two and injuring four in Brazil.
  • Tanker view slips
    Oppenheimer analyst cuts earnings estimates for tanker owners as bulker projections improve.
  • Four and counting
    Nexus asks bondholders for fourth time to defer declaring interest on two loans to avoid defaults.
  • KG fund sinks
    German investors pull the plug on another container shipping company.
  • It's quotes time
    China is looking better than ever and Swire has brought out the slickness in Queensland's residents.
  • Mixed messages
    Ion Varouxakis-led FreeSeas to take a $1m hit but unveils another loan reprieve and charter deals.
  • BP holds on
    Oil giant takes VLCC from Frontline spin-off ITC for an extra year at reduced rate.
  • 'No bribery'
    Rio Tinto lashes out at suggestions employees detained in China over 'Spirongate' affair used bribes.
  • Santossed!
    Brazil cries foul as fetid freight finds its way in shipping boxes from UK to ports including Santos.
  • New5 in numb3rs
    George Economou locks horns with Warren Buffett over $200m property deal while Tsakos goes shopping for tankers.
  • Capsized
    All 11 crew safe after Turkish cargoship takes on water and goes down in Black Sea.
  • Jinhaiwan scores
    Zhoushan Jinhaiwan Shipyard is set to bag another big newbuilding contract from Grand China Logistics (GCL).
  • Cranking down
    Kobe Steel signals extent of shipbuilding downturn as it cuts production of main engine crankshafts.
  • Unexceptional
    Chowgule Steamships saved from quarterly loss by restatement of foreign currency borrowings.
  • Building loan
    Pal Engebretsen's Bergen Group lands $12m to fund works at Hanoytangen shipyard.
  • Quartet clinched
    Taiwan's CSBC seals deal to build four bulkers for Taiwan Power Co.
  • Ship refloated
    Turkish cargo vessel pulled free by tug after grounding off Cannakale.
  • Murder at sea?
    Man arrested on suspicion of killing wife after argument on Carnival cruiseship off Mexico.
  • Orders won
    Japanese shipbuilders secured 13 export newbuilding orders in June surpassing April and May figures.
  • Vopak "robust"
    Dutch tank terminal player's first half operating profit could rise 18% on high occupancy rates.
  • OOIL recovers
    Hong Kong shipowner relieved as shares rebound after hitting rock bottom yesterday

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American Shipperweb site
JULY 17, 2009
  • JPMorgan/Ex-Im finance Boeing planes for Air India
  • U.S. Chamber backs Oberstar on transport bill
  • AMB frontrunner for Oakland intermodal project
  • NS selects Memphis regional terminal site
  • Obama administration outlines trade pact enforcement
  • RILA urges federal help for embattled lender
  • KCS, WWL to establish Houston Metro DC for Nissan
  • Schenker starts Cairo joint venture
  • Panama Canal awards lock contract
  • Southampton crane accident investigation ongoing
  • Russia's Rosmorport gets new icebreaker

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The Bunker Bulletinweb site
JULY 17, 2009
  • US Gulf and East Coast markets firmer to close out week
    Houston, New York add $30 pmt to 380 cst prices for the week.
  • Mixed picture for North European bunker prices
    South European bunker prices continue to rise.
  • North American ECA on course for adoption
    Proposal approved despite concerns raised at IMO, French territory to be included.
  • Asian bunkers end the week soft
    Except Tokyo Bay prices which are peaking at a fresh nine-month high.
  • Barbados to adopt Bunker Convention
    Ships will be required to have a bunkers certificate.
  • Canada announces plans to ratify Annex VI
    Discussions with politicians continue, progress expected by September.
  • Singapore court adjourns bunker corruption case
    Ex-employee of Chevron facing charges of corruption and short-delivery.
  • Vopak expecting close to $141 million Q2 2009 profit
    'Healthy demand' for storage attributed.
  • Titan in strategic funding for China storage expansion
    Proceeds will fund expansion of oil terminals to about 2.6 million cubic metres.
  • IOC raises $414 million through bonds
    IOC said to be pressing ahead with most of its pre-economic meltdown expansion plans.
  • 'Paint' can reap $30 billion savings for ships
    Annual fuel savings could amount to 450 million tonnes of CO2 emissions, company claims.
  • Pakistan suppliers end barge charter deal
    Charter agreement ended ahead of the stipulated one-year period.

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