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02 June 2020 The on-line newspaper devoted to the world of transports 10:58 GMT+2

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The Business Timesweb site
NOVEMBER 25, 2009
Shipping News
  • Reality check for greener shipping
    IT is the most economical and environmentally sound method of moving goods around the world, an essential mode of transport that feeds and fuels the world. So how come the shipping industry has suddenly been forced on the defensive, with ship operators struggling to keep the environmental debate sensible, as this December's Climate Change Conference in Copenhagen approaches?
Strait Talk
  • Slow steaming back to the future
    IT'S tough being a shipping journalist at this time of the year. All sorts of organisations insist on your presence at presentations and receptions to make sure their message is not forgotten when the industry's hacks fill up the column centimetres. Invariably these events are held in very up-market venues and the provision of sustenance and beverages is rarely found wanting - so hard.

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Sched Netweb site
NOVEMBER 25, 2009
  • Cosco hikes Far East to South America rates
  • Hyundai Merchant Marine quarterly loss hits record US$307 million
  • RCL suffers third quarter net loss of US$18 million
  • Port tracker expects rise in US containers early next year
  • Former Thales Group CEO touted to take over CMA CGM
  • High winds topple stacks of boxes at HK's Felixstowe terminal
  • Mystery HDS Lines takes over box business from banned IRISL
  • Ports America to land 50-year lease at Port of Baltimore
  • Aries abandons box shipping to focus on bulk carriers
  • Port of Houston to hike container, breakbulk fees
  • Deutsche Bahn to help upgrade Qatar rail system
  • China Eastern looks to possible cooperation with Sinotrans
  • Sacramento pitches self to 11 Asian air carriers for cargo
  • Civil Aviation Authority of Singapore holds charity run

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Exim Indiaweb site
NOVEMBER 25, 2009
  • SCI seeks trade's support to remain in box shipping
  • Wärtsilä to design & oversee building of research vessel for GSI
  • A.P. Moller-Maersk CEO sees signs of recovery in 2010
  • Bulk carriers back to good old days
  • Softlink attracts over 60 clients in Q2
  • GAC extends CPFC sponsorship till June 2012
  • CMA CGM to hike Gulf of Aden surcharge
  • UAE replaces US as top export destination
  • Chinese saccharin may continue to attract dumping duty
  • 12 EPCH cos participating in Munich fair
  • VPT employees donate Rs 35 lakh for flood relief
  • Kallam asks Vizag & Kolkata Ports to join hands to augment E. Coast box volumes
  • FII holdings in India Inc rising
  • Centre seeks bigger say in speedy clearance of SEZ proposals
  • PM backs greenback as reserve currency
  • OECD report projects Indian economy on 7 pc growth track in 2010
  • India, China seek increased say in WTO affairs
  • India seen becoming 3rd largest economy by 2050
  • Tax rows: Basic rules for DRPs working announced

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International Transport Journalweb site
NOVEMBER 23, 2009
  • 4,000 sign petition to lift night-flying ban in Frankfurt
    Roland Koch, the president of the federal state of Hessen (Germany), has received a petition bearing 4,000 signatures that calls for the retention of night flights at Frankfur...
  • Etihad signs agreement with Lufthansa Systems
    The UAE's national airline, Etihad Airways, has signed an agreement with aviation IT specialist Lufthansa Systems for use of the industry-leading flight planning solution Lido/Flig...
  • Ceva Logistics reports lower sales and earnings
    The global logistics service provider Ceva, based in Hoofddorp (Netherlands), reported that its Q3/2009 turnover dropped to EUR 1.372 billion, 17.6% less than the EUR 1.666 billion...
  • Gebr'der Weiss takes over Eurocargo in Serbia
    The Austrian logistics service provider Gebr'der Weiss acquired more than 75% of the shares in the Serbia-based international freight forwarder Eurocargo on 12 November. ...
  • Silgan White Cap to rely on Hellmann Worldwide Logistics
    Hellmann Worldwide Logistics, an Osnabr'ck (Germany)-based logistics service provider, has been selected to fulfil a range of logistics activities for Silgan White Cap Europe,...
  • Ter Haak Logistics awarded AEO status
    The Amsterdam (Netherlands)-based logistics service provider Ter Haak Logistics (THL) has become the first company in the Ter Haak Group to be awarded an authorised economic operat...
  • Brussels Airport: cargo volume down 22.5% in October
    Brussels airport (Belgium) recently announced that it handled 38,700 t of cargo in October, 22.5% less than in the same month in 2008. The result for the year as a whole ...
  • Emirates: more flights to Japan
    Seven years since launching operations to Osaka, the Dubai (UAE)-based carrier Emirates has unveiled plans to launch direct services to Tokyo ' Japan's capital city and one of the ...
  • M+S named new agent in Germany for SE Shipping Lines
    The shipping agent M+S Mehrtens & Schwickerath GmbH (M+S) was recently selected to be the German agent of SE Shipping Lines Pte Ltd, a Singaporean shipping company. M+S will be res...
  • Container transhipment stays in port of Amsterdam
    The closure of the final container line at the ACT container terminal in Amsterdam (Netherlands) has generated considerable attention in the media. But this development certai...
  • CMA CGM searching for partners
    CMA CGM, the world's third-largest container shipping line, is searching for a partner or partners due to its problematic financial situation and pressure from the banks it is inde...
  • Erich Staake set to join Mitteldeutsche Airport Holding
    Unconfirmed reports have it that Erich Staake, CEO of Duisburger Hafen AG, is set to become the new chairman of the supervisory board of Mitteldeutsche Airport Holding. The appoint...
  • Fast Lane Transportation offering new Californian intermodal service centre
    Fast Lane Transportation Inc, a provider of intermodal transportation and equipment services throughout California (USA), has acquired an 80-acre intermodal crossdock and equipment...
  • Werner Enterprises sets up Australian subsidiary
    Werner Enterprises Inc has established a subsidiary in Australia. The Omaha-based carrier, one of the five largest US truckload carriers, said Werner Global Logistics Australia Pty...

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Maritime Global Netweb site
NOVEMBER 24, 2009
  • IMO bravery awards
  • Ships "must register" in piracy areas
  • FMC to probe effects of EU liner conference ban
  • Schat-Harding's "healthy" orderbook

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Marine Logweb site
NOVEMBER 24, 2009
  • Double naming in Dubai

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Lloyd's Listweb site
NOVEMBER 24, 2009
  • Katseli vows to retain Greece tax benefits
    Shipping minister emphasises government commitment to shipping.
  • Russia mulls selling 25% stake in Sovcomflot
    Sale could be as early as 2010.
  • CMA CGM hikes Gulf of Aden piracy surcharge
    New rate of $41 per teu to be imposed from December 15.

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Fairplayweb site
NOVEMBER 24, 2009
  • Suit alleges Skaarup fraud
    A $50M FRAUD lawsuit is targeting affiliates of Connecticut's Skaarup Group, including its well-known chairman Ole Skaarup
  • Workers call off strike at Odense
    WORKERS at Odense shipyard in Denmark have ended their short, sharp strike, Fairplay was told today
  • CMA honours Louis-Dreyfus
    THE CMA today named France's Philippe Louis-Dreyfus as its 2010 commodore
  • Hamburg transhipment hub plan
    A TRANSHIPMENT hub has been proposed for a key development site in Hamburg port
  • Weighing EU box deregulation
    REGULATORS are finding it hard to analyse how Europe's liner trade deregulation has affected US trades, given the recession in the same period
  • Kremlin lifts privatisation lid
    RUSSIA'S government has listed state shipping shareholdings to be considered this week at a cabinet meeting for privatisation next year
  • Solstad bond, license to loan
    NORWAY'S Solstad Offshore told Fairplay today it is seeking a loan of up to 700M Norwegian kroner ($125M) from the bond market

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The Journal of Commerceweb site
NOVEMBER 24, 2009
  • Video: NOL's Ron Widdows on Market Trends
  • Union Pacific Opens Donner Pass Route
  • BNSF to Ration Some Grain Loads
  • Eastern Connection Expands in Massachusetts
  • Turkish Airlines orders two A330-200 freighters
  • Port Nehru Calls for Tighter Security
  • Pirates Kill Ship's Officer
  • Boxer Seeks White House Help on Highway Bill
  • Customs Acting Commissioner to Retire
  • CN Imposes Wage, Work Terms on Union
  • YRC Worldwide Sells Dedicated Unit
  • GDP Growth Revised Down to 2.8 Percent
  • DHL Eyes Sale of French Parcel Business
  • CMA CGM Boosts Piracy Risk Surcharge
  • German Shipowners Decide Against State Aid

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Containerisation Internationalweb site
NOVEMBER 24, 2009
  • US West Coast ports welcome rise in exports
  • New chairman for Port of New Orleans
  • Toll Group undergoes reorganisation
  • CMA CGM to change partners on Europe/St Lawrence trade
  • US freight volumes show promise

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TradeWindsweb site
NOVEMBER 24, 2009
  • Star set to comply
    Akis Tsirigakis says Star Bulk Carriers could be in compliance with loan covenants by the end of the year.
  • $53m for Althea
    Niels Stolt-Nielsen-led owner said to have paid $53m for the 82,557-cbm VLGC Althea Gas.
  • Time travellers
    The day Yuri Nikitin, Richard Gale and Richard Fulford-Smith met in Clarksons' offices and turned the calendar back.
  • Fraud alleged
    Connecticut's Skaarup Group facing $50m lawsuit over cancelled charter of MISC bulker.
  • Pirates kill one
    Chief officer killed and one pirate captured after attack on German tanker off Benin.
  • LD honoured
    Philippe Louis-Dreyfus to wear the Connecticut Maritime Association's Commodore hat.
  • Spotlight on size
    Is the 'Jahre Viking' still the world's largest ship? And if not, what is?
  • LG extends
    Jan Kastrup-Nielsen's Lauritzen Kosan bags one-year charter extension from Lucky Goldstar at $500,000 per month.
  • $4.7m for Ofer
    Sammy Ofer's LPG carrier Sussex earns $320 per ldt in sale to Bangladeshi breakers.
  • Hot tips
    What Yuri Nikitin did for Clarksons to pay him $39m under scrutiny in Sovcomflot's corruption trial.
  • Double 'D'
    Russian bulker DD Vanguard detained twice in Canada during October.
  • DHT in line
    New York-listed owner's Q3 profit falls by 91% but decline is exactly as analysts had forecast.
  • No warning
    Captain of the ferry Dumai Express 10 ' whose sinking is featured in this week's "Casualty file" ' says he "didn't get any warning" about bad weather.
  • $125m target
    Oslo-listed Solstad the latest to dive into bond market with potential NOK 700m issue.
  • What next?
    Nexus Floating Production board under pressure to find a new direction as impairments push Q3 loss past $250m.
  • Attica eyes issue
    Greek ferry owner to raise nearly $70m in new shares issue while profit chopped in half.
  • No spot strife
    Siem finds long-term deal for Siem Sailor, cutting its PSV spot exposure to zero.
  • Brevik buying
    Deep Sea Supply chief snaps up $70,000 worth of stock in the offshore shipowner.
  • Mergers ahoy!
    DnB Nor's Harald Serck-Hansen believes conditions are right for consolidation next year.
  • Adler burns
    Interior of 1980-built German ferry gutted by fire during winter lay-up.
  • Cargoship grounds
    Box Lines vessel suffers reported hull breach after grounding off Portugal.
  • Hamworthy hit
    UK marine equipment manufacturer sees profits slide almost 22% as it feels the impact of global economic slowdown.
  • Piracy surcharge
    CMA CGM to raise Gulf of Aden surcharge just before Christmas due to "prevailing risks of piracy".
  • In reverse
    Norwegian car-carrier owner Eisvia driven to loss by large adjustment despite sales going up a gear.
  • Polyar selling?
    Polys Haji-Ioannou looks to have sold one of his recent aframax newbuildings to Chinese interests.
  • Caution: icebergs
    Ships south of New Zealand warned to be on the lookout for up to 100 rogue icebergs.
  • Otto fixes two
    Lee Kok Wah-led offshore player ties up two anchor handlers to Russian charterer for up to seven years.
  • Star Bulk suffers
    Akis Tsirigakis-led bulker outfit slumps to third quarter loss on impairment loss from Alpha sale.
  • Heavy take-up
    Dutch heavy-lift owner sells 98% of second recent share offering as it plans Amsterdam listing.
  • Fesco lower
    Profits and revenues down in first nine months for Russia's third biggest shipowner.
  • Opening soon
    Fog clearing in vital Bosporus Strait on Tuesday morning after it was closed to shipping.
  • Misadventure
    Passengers thrown from chairs as BC Ferries' Northern Adventure hit by storm off Canada.
  • Tug swamped
    Crewman taken to hospital after ship sunk by big waves in port of Seattle.
  • Out of action
    Tallink's ro-pax ferry Silja Europa sidelined for at least a week by broken starboard rudderstock.

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American Shipperweb site
NOVEMBER 24, 2009
  • Reliance on transpacific hurts lines
  • CMA CGM alters transatlantic offerings
  • CMA CGM raises Aden surcharge
  • UP improves Donner Pass route
  • AWO cries foul on Chicago ship-sanitary canal closure
  • CORRECTION: Middle ground in truck weight debate
  • Retail box volume on way up in '10?
  • Ports America to run Baltimore terminal
  • FEMA: Security grants can be used for repairs

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The Scandinavian Shipping Gazetteweb site
NOVEMBER 24, 2009
  • Biggest giant avoids the scrap site
    The largest cargo vessel ever built has at least for the time being avoided its final fate at the scrappers. Fred Olsen Production has sold its FPSO Knock Nevis to
  • Tallink leaving Rostock for the winter
    The Estonian ferry operator Tallink has announced that it will close down the Rostock'Helsinki service for two months. According to Tallink this will be done because of reparations and
  • Gotlandsbolaget chooses Faroe flag
    The Faroe Islands try to charm Scandinavian owners continues to be fruitful. The Swedish ferry/tanker operator Gotlandsbolaget (Rederi AB Gotland) has decided to re-flag its 6,800-DWT product
  • Allure of the Seas launched
    The second vessel of Oasis class, the Allure of the Seas, was launched on 20 November 2009 at STX Finland's Turku Shipyard. The project has progressed on schedule and the
  • Losses per box fall
    The average operating loss per TEU for the container carriers A.P. Møller'Mærsk, APM, Hanjin and HMM has declined since the first quarter when the four carriers lost an average
  • Silja Europa out of service one week
    The cruise ferry Silja Europa will be out of service one week. "The divers, which inspected the ship found that the technical failure of Silja Europa`s rudder system was
  • ITF slams down on owners and registers
    ITF, the International Transport Workers' Federation, slams down on those flag states and shipowners which have not taken action against Somali piracy. "There are countries actively fighting piracy and there
  • Lauritzen takes delivery of Dan Swift
    J. Lauritzen has now sent the first vessel to the offshore market off Brazil to commence its first contract. The vessel is the Dan Swift, which spent the last two

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The Bunker Bulletinweb site
NOVEMBER 24, 2009
  • UNFCCC 'bunker' negotiations still divided
    Seven options for Copenhagen meeting for limiting emissions from international bunker fuels.
  • Bunker prices firm across Europe
    Steep climb for IFO and distillate grades in Piraeus.
  • Bunker leak reported
    Some 300 mt of bunker fuel remain on board grounded vessel.
  • Bominflot proposes acquisition
    European competition authorities to rule next month.
  • Fujairah prices fall as Durban firms
    Suez bunker prices weakening, avails still tight.
  • Bunker prices rising faster than rates
    Better outlook for container rates in 2010 say Maersk officials.
  • Asian firm buys world's biggest tanker
    Buyer said to be oil storage firm and 'bunkering company'.
  • Volatility seen in price movements
    Bunker prices weaken in Singapore.
  • Brightoil buys tanker for $52 million
    Japan-built tanker to transport fuel oil or crude oil internationally.
  • Strong bunker demand to lift South China's fuel oil imports
    November fuel oil imports set to rise.
  • New setback for Taichung deliveries
    Barge needs more repairs.
  • Switching to biofuel cuts particulate matter
    Study shows that sailing against the ocean currents can have a threefold increase on NOx and CO2 emissions.

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