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

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The Business Timesweb site
JULY 23, 2009
Shipping News
  • Shipping sector set for more turbulence
    Trade conditions now are even worse than in the 1930s, a senior shipping industry official said here on Tuesday, with weak global demand and fleet oversupply set to dampen recovery prospects for the seaborne transport sector.
  • MMC shares see biggest jump in 8 yrs
    MMC Corp, the Malaysian builder and port operator, jumped the most in more than eight years in Kuala Lumpur trading amid speculation that the company may win contracts included in the government's stimulus packages. The stock surged as much as 13 per cent, the most since April 2001, before trading 7.7 per cent higher at RM2.39 (S$0.97) at 4.27pm local time. The benchmark FTSE Bursa Malaysia KLCI index added 1.1 per cent.
  • 6 pirates held for attempted robbery
    Malaysian police say they have captured six Indonesian pirates who tried to rob the crew of a diesel tanker.

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Sched Netweb site
JULY 23, 2009
  • CSCL leads lay-ups as idle fleet hits 10pc of world total
  • Asia-Australia Discussion Agreement levies bunker surcharge
  • Cosco hits South America cargo with US275/TEU, $550/FEU bunker charge
  • APL's container volume, freight rates continue slide
  • ESC position more lonely as TT Club backs UN's Rotterdam Rules
  • Port of Tacoma scales back on NYK terminal plans
  • US Coast Guard probes charges that eco-friendly fuel stalls engines
  • Singapore and Vietnam strengthen connectivity deal
  • American ports get US$30 million in stimulus green grants
  • British transport send officials to badger shipping industry over carbon
  • Deflation feared as US exporters see 13.6pc fall in 2009
  • IMO takes further action to cut ship emissions
  • Growing confidence edges out air cargo blues: IATA
  • Pittsburgh touts self as the small-is-beautiful China air cargo hub
  • Operations commence as Cargoitalia receives licence

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Exim Indiaweb site
JULY 23, 2009
  • South East CEO Conclave & Awards 2009
  • UN completes review of Rotterdam Rules
  • IMO agrees to voluntary CO2 emission cutting proposals
  • MOL flexes its anti-piracy muscle
  • INTTRA helps FNC speed up bill of lading process
  • Gold jewellery export front begins to twinkle again
  • Anti-dumping duty imposed on Chinese viscose yarn
  • AIAI signs MoU with Manitoba province
  • CoPT invites bids for setting up bunkering & liquid cargo terminal on DBFOT basis
  • Paradip & Kandla Ports notch up most impressive throughput growth rates in June
  • VCT positions itself as ideal gateway for Central & East Indian cargo
  • Railways to list essential goods for service tax waiver
  • No more stimulus packages, says Montek
  • Casting service tax net over wider area will hike transaction costs-Fieo chief
  • Sunil Mitra to be Disinvestment Secretary
  • Govt questions IMF growth estimates

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International Transport Journalweb site
JULY 21, 2009
  • Logwin expanding in India
    The worldwide logistics services provider Logwin has founded its own countrywide organization in India. In the first half of this year, four new branches opened in Delhi, Pune, Che...
  • DSV opens logistics complex in Kaliningrad
    OOO DSV Transport, a subsidiary of the Danish DSV group, phased in a class A transport/logistics complex in Kaliningrad at the beginning of July. The platform is located close to t...
  • RH Group reports steady results
    The RH Group Ltd has announced another consistent year despite the pressures facing the freight industry and the whole economy. The UK's largest European freight operator has repor...
  • Global Logistics Network attracts 300th member
    Global Logistics Network recently reached another a major milestone by attracting its 300th registered network member - Explolanka Freight Ltd of Johannesburg (South Africa). ...

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Maritime Global Netweb site
JULY 22, 2009
  • IBIA stops IMO ban on blending afloat
  • Liberia's new mortgagee law
  • Passenger fleet "to keep growing"
  • MEPC round-up

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Marine Logweb site
JULY 22, 2009
  • LaHood orders review of $98 million shipyard grant program

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World Wide Shipperweb site
JULY 22, 2009
  • Corps awards final contract for Columbia River channel work
  • Crowley honors midshipman with maritime security award
  • Iceland Air announces Sea-Tac to Reykjavik flights
  • Celebration marks start of Columbia River environmental project
  • Pieces coming together on new Boeing freighter

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Lloyd's Listweb site
JULY 22, 2009
  • Shareholders wrangle over Hapag-Lloyd aid
    CARRIER's shareholders still locked in talks over a cash injection for the struggling container line.
  • Yards struggle to keep pace with deliveries
    ONLY a quarter of dry bulk carriers scheduled to enter service in 2009 have been delivered.
  • Shippers warn against super-alliances
    GROUPS say non-ratemaking shipping agreements must strike balance between competition and efficiency and cost savings.
  • Brussels approves Gdansk deal
    SHIPYARD to close two out of three slipways and limit production to 100,000 gt a year.

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Fairplayweb site
JULY 22, 2009
  • Wärtsilä fears cancellations
    FINLAND'S Wärtsilä told Fairplay today that it faces the possibility of €800M ($1.1Bn) in marine engine contracts being cancelled this year
  • No cash-back in Gdansk deal
    THE EC today formally accepted the Gdansk shipyard restructuring and granted '251M ($356M) in public aid
  • BP sees 9% N Sea oil drop
    BP SAID today its North Sea output will fall this year by about 30,000bpd, or about 9% ' almost double the estimated percentage decline expected for the entire UK sector
  • UK to press EC on French ports
    THE UK'S small businesses and road hauliers are today lodging an official complaint with the EC, demanding that action is taken against France to prevent more port blockades
  • More KG vessels bailed out
    GERMAN KG shareholders in the 1,080teu vessels Tampa Bay and Turtle Bay and the 1,116teu Vega Turmalin have voted for a capital increase to save the ships from insolvency
  • VSA keeps Mobile happy
    A VESSEL sharing agreement involving three box lines is boosting volume by 15% a week at Mobile Container Terminal in Alabama
  • Eitzen expands fleet by six
    NORWAY'S Eitzen said today the group has expanded operations by agreeing to manage six gas carriers for Germany's MPC Münchmeyer Petersen Steamship

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The Journal of Commerceweb site
JULY 22, 2009
  • Kirk Defends "Buy American" Provisions
  • Shippers to U.S., Canada: Fix Border Problems Now
  • DHS Scans 98 Percent of Imports for Radiation
  • ZIM to Call Da Chan Bay
  • GENCO Contracts for Dell Remanufacturing
  • CN Builds Jet Fuel Business
  • TNT Increases Indonesia Service
  • Aramex Joins Cargo 2000
  • U.S. Postal Service Opens First Green Roof
  • YRC's Zollars Apologizes to Teamsters, Hoffa
  • Old Dominion Profit Plummets 55 Percent
  • EU Commits $357M to Rescue Gdansk Yard
  • Mobster Convicted of Extorting ILA Local
  • Caterpillar Profit Slides 66 Percent
  • Shippers Back Carrier Pacts
  • Manhattan Associates Posts Loss in 2Q
  • Marten Transport Profit Surges 29 Percent
  • C.H. Robinson Boosts Profit in Second Quarter
  • ABF Freight Loses $15 Million

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Containerisation Internationalweb site
JULY 22, 2009
  • Oil prices rebound again
  • Shreyas sinks in Q1 09
  • Barcelona port still suffering
  • Peel gets green light for Port Salford
  • Queensland's Bligh rejects Swire offer

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TradeWindsweb site
JULY 22, 2009
  • Seacor defies gulf
    Profits improve at US offshore and tanker owner Seacor Holdings even as lay-ups and falling rig movements led revenue to drop.
  • Promitheas bound
    Nikolas Tsakos' Tsakos Energy Navigation takes aframax products tanker out of spot market with six-month time charter.
  • Euronav converts
    Belgian tanker owner reports plunge in quarterly profits and switches VLCC order to suezmax pair.
  • Clipper cashes in
    Frank Jensen's Clipper Bulk sells Kamsarmax bulker before bulging orderbook changes market sentiment.
  • CSAV shuffles
    Chilean liner operator re-jigs Supergalex service to focus on the Persian Gulf and launches new India-China line.
  • Capsize kills 2
    Two people are confirmed dead and three are expected to face charges after Amazon ferry capsizes with 185 people on board.
  • Ore wars
    Arrest of Rio four has sliced iron ore shipments between Australia and China, figures show.
  • Double disposal
    Japanese giant MOL sends two boxships to be cut up in China with a third expected to follow this month.
  • Acting on security
    Liberian Registry implements act that allows its ship mortgages to be eligible as collateral for German covered bonds.
  • Greek bulker held
    Greek bulker held for six days in UK with Schulte gasship and Norwegian PSV also detained.
  • Spat ties up ship
    Cargo on the Golden Star attached in Louisiana, holding up the vessel despite $21,500-per-day charter cost.
  • Partner sought
    India's Dolphin Offshore shortlists joint venture candidates for new INR 4bn shipyard.
  • Titan takes off
    Shares in Hong Kong shipowner and shipbuilder surge 15%, but company at a loss as to reason.
  • Gdansk reprieved
    Europe rubber-stamps Polish yard's restructuring plan that allows it to keep state aid.
  • Explosives found
    Ferry which suffered blast killing three in May now found with bomb materials onboard.
  • Dutch growth
    Port of Amsterdam manages 2% volume increase in first half as oil products keep it ahead.
  • Crude awakening
    Amount of oil passing through Suez Canal slumps in first half but tanker numbers only down a bit.
  • Duo detained
    Hong Kong inspectors hold two containerships in June, one for OWS modification.
  • Eitzen bags fleet
    Eitzen Gas inks pact with MPC to take over commercial management of its LPG vessels.
  • Eitzen crew free
    Six crew of chemical carrier taken hostage in Nigeria freed after three weeks in captivity.
  • Bligh lets fly
    'Swire Levy' threatened on all ships in Australia as state premier Anna Bligh readies spill crusade.
  • Bulker sale
    Romania begins latest attempt to privatise handysize player CMN Petromin.
  • Brazil cut
    AWB slices its Brazilian business amid forecasts its losses will top $50m this year.
  • Brief blaze
    Samudera tanker suffers explosion during berthing in Borneo, but crew extinguish fire quickly.
  • Dockers out
    Crane operators strike at Bangladeshi port of Chittagong in pay row.
  • Musical chairs
    Senior managers at cruise industry giant Carnival are shifting seats.
  • Wartsila ahead
    Six-month profit rises at Finnish ship engine maker, but new orders plunge.
  • P&I agency sold
    Thoresen Thai disposal puts value on P&I correspondent business.
  • Itajai down
    Cargo volumes at the Brazilian port of Itajai are down for the first half of this year but figures for June give some renewed hope.
  • Bank gets quintet
    Deal with Eastwind Maritime's trustee allows Tokyo Star Bank to foreclose on five chemical tankers.
  • Warships for HHI
    Hyundai Heavy Industries has tied up a strategic co-operation with Lockheed Martin to build Aegis destroyers.
  • Zhenhua lands rig
    Chinese container crane maker Shanghai Shenhua Heavy Industry has landed a $2.2 billion contract to build offshore jack-up drilling platforms.
  • Queen crash
    Dinner cruise vessel slams into pier in Cleveland, US, injuring one passenger.

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American Shipperweb site
JULY 22, 2009
  • Shippers: Liner alliances must be "balanced"
  • CSCL, Evergreen to exit CMA CGM transatlantic service
  • Insurer cautions ship owners about moth infestation
  • Senate committees advance highway extension, funding
  • Great Lakes carriers say volumes off sharply
  • Deutsche Bahn acquires Polish railroad
  • WTO: Trade will drop 10% this year
  • C.H. Robinson reports modest profit increase
  • Choice Logistics assists with export compliance
  • FMC reviews 27 OTI license applications
  • Study: Deregulation bad for port trucking industry
  • Prison sentence For COSCO Busan pilot
  • Goodyear leaves Temasek post before he begins

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The Bunker Bulletinweb site
JULY 22, 2009
  • European bunker prices lack direction
    Rotterdam 'extremely quiet'.
  • US oil inventory report confirms market forecast
    Moderate decline in stocks of crude, increase in oil product inventories.
  • New supplier in Aden
    Adoil Petroleum has been delivering in the port since the beginning of July.
  • Turkish supplier deploys MGO barge
    Vessel will help meet growing demand for low sulphur distillates.
  • Another call for mandatory marine fuel standard
    INTERTANKO points out that there is no enforcement mechanism for ISO 8217 and regulation 18 of MARPOL Annex VI.
  • Saudi Aramco offers fuel oil cargoes
    Analysts say the fuel oil market is being underpinned by strong fundamentals.
  • Tanker numbers 'stable' in Suez Canal
    But canal official says lower bunker prices and an increase in the canal fees has hit overall numbers.
  • WWL continues environmental efforts
    Pursuing a range of fuel-saving technologies.
  • WWL lays up a quarter of its fleet
    Ships 'with the highest fuel consumption' chosen, lay-ups to last for 'at least a year'.
  • Bunker prices continue to fall in Asian markets
    Prices in Tokyo Bay, however, climb on tight avails.
  • Japan bunker market 'dries up'
    Very tight supply conditions as refineries cut runs.
  • India urges 'immediate' removal of sunken ship's fuel
    Fears threat to marine life and fishing activities.
  • Weak demand stifles SPC Q2 profit
    Net profit plunged 76% while revenue dived about 50% compared to last year.
  • Swire urged to pay entire bill for bunker spill
    Queensland Premier Bligh says Swire has 'a moral obligation' beyond limited liability payment.
  • European fuel oil prices rise $10
    Lower refinery production reported.

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