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03 April 2020 The on-line newspaper devoted to the world of transports 00:58 GMT+2

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The Business Timesweb site
MARCH 24, 2009
Shipping News
  • Baltic Dry Index seen stagnating in next quarter
    The Baltic Dry Index, a measure of world trade, will stagnate in the next three months after what is likely to be a record quarter as annual talks over iron-ore prices stall demand, a survey showed.
  • Somali pirates fire grenades at Japanese, Greek, HK ships
    Pirates fired rocket-propelled grenades and automatic weapons at Japanese, Greek and Hong Kong cargo ships off the coast of Somalia but fled after the ships took evasive manoeuvres, officials said yesterday.
  • February Suez Canal takings fall
    Egypt's Suez Canal revenues dipped 26 per cent to US$301.8 million last month, compared to US$407.7 million a year ago, and down from US$332.4 million in January, the Suez Canal Authority said yesterday.
  • German stimulus spending flows to inland waterway
  • Shares of China yards go limit up

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Sched Netweb site
MARCH 24, 2009
  • Grand Alliance's Asia/Europe routes bypass Suez for Cape of Good Hope
  • Evergreen and Wan Hai slot-swap on intra-Asia routes
  • Logwin, Wikestrom & Krogius to operate logistics hub in Shanghai
  • Box traffic slows in February at ports of Los Angeles, Long Beach
  • Australian scientists unveil system to test X-ray box scanners
  • Port of Karachi undergoes modernisation, expansion
  • Box handling charges to rise in Pakistan
  • China Cargo Airlines launches Yantai to North America all-cargo service
  • SATS to lure more cargo airlines to Senai Airport
  • FedEx cargo plane crashes after battling with strong winds

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Exim Indiaweb site
MARCH 24, 2009
  • MISC unveils new, bigger & better Halal Express Service
  • Global supply chain management major, PPG strikes strategic alliance with freight forwarder, ACLA
  • Tanker glut pulls down LNG charter rates
  • Samudera Shipping's vessel on NKX service calls at GTI
  • Bulky rally heralds good times ahead in shipping
  • Faulty dredgers, trawlers & other vessels wind up for repairs at Colombo Dockyard PLC
  • ccni, Hamburg S'd & msc slash Asia-WCSA service capacity
  • NYK, "K" Line, PIL & Hyundai to launch Far East-ECSA service
  • Zim to rationalise Med.-ECSA coverage
  • NOL bids APL Logistics President bon voyage
  • TSA lines call for sustainable rates to avoid 'potential catastrophe'
  • DP WORLD assumes charge of 30-yr operating concession at Port of Algiers, creating dp World Djazair
  • Port of Hamburg scripts success story in inland waterway transport
  • Matson to expand CLX service to include Xiamen
  • Hamburg Süd's new service calls at Xiamen
  • CMA CGM (America) enhances Timothy Ring's portfolio
  • Guangxi port capacity reaches 131 m
  • Ying Kou Port Group plans to build new ports this year
  • Germanischer Lloyd receives ISO 9001:2008 certification
  • Japanese investors prefer India after China
  • More coal imports seen on horizon
  • Provisional anti-dumping duty imposed on flax fabrics from China & Hong Kong
  • Kandla Port races past 70 m tonnes 11 days before fiscal ends
  • British port investors & developers offer India wealth of expertise
  • GSEC Ltd's Customs clearance facility at Ahmedabad ACC inaugurated
  • Imports of sensitive items up by 33 pc
  • EEPC India (WR) seeks helping hand from govt in export endeavour
  • Stimulus packages will benefit MSMEs the most-CII poll
  • Former IMF chief all praise for India's financial measures
  • RBI draws up contingency plans to tackle financial crisis
  • Exporters lose by erring on slide of rupee
  • Poll panel allows MoF to announce 4 Japan-aided projects

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International Transport Journalweb site
MARCH 20, 2009
  • Swiss reports favourable 2008 result
    Swiss International Air Lines (the group) achieved earnings before interest and taxes of CHF 507 million in 2008, a 6.5% decline on the prior-year result. Total income from operati...
  • Qatar announces new destinations
    Qatar Airways will add new routes and raise frequencies in the next nine months. Sydney and Melbourne are the two Australian destinations that are to be offered by December at...
  • Aeroflot Cargo certified to carry pets
    Aeroflot Cargo was certified to carry pets (dogs, cats and polecats) from Moscow to London under the PETS scheme on 12 March. The certificate was issued by the UK's ...
  • Gate Terminal expands activities
    Gate Terminal BV, a joint venture between NV Nederlandse Gasunie and Koninklijke Vopak NV, has signed a EUR 136 million senior financing agreement with the European Investment Bank...
  • Geodis buys two Giraud International business units
    The French logistics group Geodis has confirmed its intention to acquire Giraud International's Iron & Steel business unit and Central & Eastern European area division. The transac...
  • Venezuelan military seizes airport control
    Venezuela's president Hugo Chavez has ordered the military to take over the country's airports to gain control of installations run by opposition-held local governments. This comes...
  • DSV and ThorShip ink new contract
    DSV Air & Sea Holding A/S (DSV) and Thor Shipping Ltd (ThorShip) have signed a new contract that will take effect on 1 May. The partnership opens up new possibilities for both side...
  • German maritime shipping grew by only 1.8% in 2008
    German sea freight throughput in 2008 did not reach the high rate of growth of the previous year. Germany's Federal Statistical Office (Destatis) in Wiesbaden has issued ...
  • Sea Terminal Sassnitz ships first containers to Finland
    Sea Terminal Sassnitz GmbH & Co KG shipped its first 28 40-foot containers from its site in Mukran (Germany) to Finland in mid-March. The consignment consisted of machines and...
  • Port of Le Havre reorganises management
    The French port of Le Havre will be managed by an executive board with a supervisory board in future. The top executives of Grand Port Maritime du Havre (GPMH) will also be able to...
  • Deutsche Post DHL launches SmartTruck pilot project in Berlin
    Deutsche Post DHL has presented its SmartTruck pilot project in Berlin. Two delivery vehicles fitted with dynamic route planning software will operate along routes in the down...

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Marine Logweb site
MARCH 23, 2009
  • Navy awards LCS contract, but doesn't disclose price
  • Siem and Kleven agree two AHTS cancelations
  • Car carrier escapes pirates

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World Wide Shipperweb site
MARCH 23, 2009
  • Port of Seattle continues to hold off on rail corridor deal
  • LCL announces completion of deal for freight forwarder
  • Coast Guard cutter nabs marijuana smuggling boat
  • Mitsui auto carrier outruns Somalia pirates
  • Trucking group wins ruling in LA/Long Beach lawsuit

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Lloyd's Listweb site
MARCH 23, 2009
  • Suez Canal February revenues fall by a quarter
    REVENUE and traffic levels last month both fell by around 25% from February 2008.
  • CMA CGM hits back at credit rating agencies
    VEGA paper comes under scrutiny as its ratings drop.

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Fairplayweb site
MARCH 23, 2009
  • Breakers win Dhaka court reprieve
    BREAKERS in Bangladesh today won a reprieve from the country's Supreme Court, which overturned a lower court order to clean up their yards in two weeks or face closure
  • Prestige Three to face trial
    A SPANISH judge has ruled that three Greek officers charged after the 2002 Prestige sinking and oil spill should face trial
  • LA-LB to press fees despite ruling
    PORT OFFICIALS in Los Angeles and Long Beach are pledging to continue with a plan to reduce pollution with a truck replacement programme, despite losing a key court ruling
  • Car carrier escapes pirates
    PIRATES have attacked a Mitsui OSK vehicle carrier in the Gulf of Aden but failed to capture the vessel, MOL said today
  • Canada pipeline clears hurdle
    A PIPELINE that will deliver natural gas to the Canadian port of Kitimat for liquefaction and export to Asian markets has cleared a major regulatory hurdle

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The Journal of Commerceweb site
MARCH 23, 2009
  • Diesel Jumps 7.3 Cents to $2.09
  • WTO Head to Meet U.S. Trade Officials
  • TUI Closes on Sale of Hapag-Lloyd
  • Chairman of Maersk China Retires
  • French Ports Face Fresh Unrest
  • CMA CGM Hikes EPIC Rates
  • U.S. Share of Japanese Container Trade Drops
  • CMA CGM to Reshuffle All-Water Loops
  • U.S. Sends Solar Trade Mission to India
  • TWIC Day Goes Well at NY/NJ
  • Rail Groups Welcome Szabo to FRA
  • Indian Port Seeks Bids on Development
  • Hamburg Süd christens Argentine-built ship
  • MOL Ship Outruns Somali Pirates
  • CKYH Alliance Rationalizes East Coast Services
  • UPS Gets High Marks on Debt
  • Greenbrier-GE Railcar Talks Stalled
  • Tulsa Port Narrows Cargo Decline
  • FedEx Plane Crashes in Tokyo
  • NY/NJ Boxes Dropped Slightly in 2008
  • Deadline for TWIC cards in NY/NJ is Monday

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Containerisation Internationalweb site
MARCH 23, 2009
  • Oil price in the ascendancy
  • US appeals court rules against part of Clean Trucks
  • UK light dues: Fitzpatrick to meet with angry shipowners
  • CMA CGM's FAL service makes call in Djibouti
  • MOL car carrier shakes off heavily-armed pirates

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TradeWindsweb site
MARCH 23, 2009
  • OSG moves order
    Morten Arntzen-led owner reportedly moves incomplete newbuildings from Bender to VT Halter Marine.
  • Promising start
    Despite downturn in the shipping industry, CMA expects increase in attendance.
  • Where, oh where?
    Twenty years on from its notorious oil spill TradeWinds tracks down the Exxon Valdez and unmasks its new secret identity.
  • CMA begins
    TradeWinds WebTV takes you to the Connecticut Maritime Association's annual conference.
  • Siem shoots up
    Double newbuilding cancellation cuts shipowner's capex by nearly $190m, says CEO Terje Sorensen, sending its stock racing.
  • Antson quits
    Finnlines president and CEO Christer Antson resigns as director Emanuele Grimaldi steps in on temporary basis.
  • Armada ups bonus
    Insolvent Singapore charterer responds to creditor criticisms with offer to put increased share of future profit into bonus pool.
  • Brittany falls
    French ferry owner sees 2008 earnings slashed, but passenger numbers rise.
  • State shake-up
    PT Pal, Djakarta Lloyd on list of Indonesian companies to be restructured under state asset agency control.
  • Chemical collision
    Sinotrans boxship damaged after bash with chemical tanker off Japan.
  • CMA re-routing
    French liner giant CMA CGM cutting one service but joining Maersk in two new ones.
  • FreeSeas extends
    Greek owner takes $12,000 per day less to secure up to two months additional cover for handysize.
  • Drunk crew fined
    Master and crew member of German ship which grounded off Denmark fined for being intoxicated.
  • Outsourcing sauce
    Wrist Ship Supply has more on its plate after making play for vessel catering market.
  • Still building
    Kleven Marine will complete two anchor handlers cancelled today by Siem Offshore, managing director Stale Rasmussen says.
  • Spill search on
    No sign yet of 85 tonnes of fuel oil which spilled from US Navy ship after submarine hit.
  • Siem two crunched
    Siem Offshore slices AHTS brace to reduce its orderbook at Kleven Verft from 10 to eight.
  • Two more attacks
    US Navy arrests but quickly releases six suspected pirates as Dutch and Greek ships attacked.
  • Port in court
    India's ABG Infralogistics starts legal action after being excluded from bidding for new terminal at JNPT.
  • PGS swings axe
    Jon Erik Reinhardsen-led shipowner chops newbuilding at Factorias Vulcano after charterer pulled out.
  • Barge foul-up
    Clean-up launched as sewage vessel sinks in Southampton, causing big stink for residents.
  • MOL ship attacked
    Japanese-owned car carrier damaged after being sprayed with bullets by pirates off Somalia.
  • Scrap shock
    Demolition prices soften as shockwaves hit industry in wake of Bangladesh breaking shut-down.
  • Linde in lurch
    Dutch naphtha barge grounded in strong currents at Rheidt, Germany.
  • Lisco lucre
    DFDS-controlled Lithuanian ro-ro company pushes up 2008 profit by 41% due to ship sales.
  • Rights wrong
    BW Gas sells only 12% of new shares on offer in rights issue intended to boost balance sheet.
  • Bulker bags $31m
    Pacific Carriers panamax said to be sold to German buyers, but deal depends on long-term charter.
  • IUMI optimistic
    Marine underwriters see early signs that recession is leading to reduction in ship total losses.
  • Indian ship free
    Crew beaten up as vessel sailing to Mogadishu from

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American Shipperweb site
MARCH 23, 2009
  • CKYH sets up eastbound round-the-world loop
  • CMA CGM on S&P's CreditWatch
  • MOL vessel evades pirates
  • Air cargo plummets for U.S. carriers
  • TSA mulls dogs for screening facilities
  • Two FedEx pilots die in Narita crash
  • GAO: Agencies must collaborate on seafood fraud
  • PPG, African forwarders in alliance
  • Schenker opens Vietnam logistics hub
  • Former Maersk vet joins NYK Logistics
  • New York container traffic fell in 2008

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The Scandinavian Shipping Gazetteweb site
MARCH 23, 2009
  • Transprocon takes Swedish Navy to Somalia
    Transprocon, a company in the Imperial Shipping Group, has been appointed by the Swedish Navy to handle the transport of two corvettes and one support vessel to Somalia. "We have
  • Torm shareholder in financial trouble
    The Greek shipowner Gabriel Panayotides who controls the majority of the shares in Dampskibsselskabet Torm along with his son and his sister-in-law (through companies Beltest and Menfield), is
  • Container feeder aground with drunken crew
    The officers on the German-owned container feeder Karin Schepers were heavily intoxicated by alcohol, when the ship ran aground in Øresund on Sunday morning. The officer on duty fell
  • Fewer insurance claims in the wake of the crisis
    The economic crisis seems to have had a positive effect on the number of marine insurance claims. According to International Union of Marine Insurance, IUMI, the number of total losses
  • Korean shipyard goes bust
    According to local media, South Korean SNC Shipbuilding has filed for bankruptcy. The shipyard is not completed and no vessel has been delivered. The aim was to build bulkers up
  • First of four Turkish newbuildings delivered to Väderötank
    Väderötank in Grebbestad, on the Swedish west coast, has taken delivery of the first vessel of four 2,150 DWT product tankers from Selay Shipyard In Tuzla, Turkey. The vessel was
  • Liberia reaches 3,000 vessels
    The Liberian International Ship & Corporate Registry has now 3,000 vessels registered, Marinelog reports. The milestone was reached by the 105,400 DWT aframax tanker Ise Princess, operated by Tsakos Shipping & Trading

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The Bunker Bulletinweb site
MARCH 23, 2009
  • Container line predicts 'protracted downturn'
    OOCL looks for savings in its bunker costs.
  • Europe: Bunker prices start week firm
    Rotterdam market very quiet Monday.
  • No signs of oil slick after Hormuz collision
    US 5th Fleet says bunker spill appears to have dispersed.
  • Car carrier sustains hull damage in pirate attack
    MOL vessel 'proceeding toward safer waters' after escaping pirates.
  • Russian oil major signs bunker supply deal
    Rosneft to help Russian fishing fleets become more competitive.
  • Asia: Bunker fuel prices mostly flat
    Marine gas oil prices firmed in line with gas oil cargo values.
  • Consort Bunkers not involved in Singapore corruption case
    Bunkerworld issues correction to news file for March 17 and 18.
  • GAC Bunker Fuels appoints new general manager
  • China's fuel oil output plunges
    Crude oil output also falling as domestic demand for oil products weakens.
  • IBME moves to bigger office
  • Steep fall in Fujairah bunker sales
    Monthly sales since January 2009 could have fallen by 30-40%.

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