 | web site |
| APRIL 27, 2009 |
Shipping News
- Sea Asia 2009 'an outstanding success': SMF chairman
SEA Asia 2009 ended on a high note last week with over 10,000 visitors recorded, surpassing organisers' expectations.
- Baltic Dry Index has first drop in 10 days
The Baltic Dry Index, a measure of world trade, posted its first decline in 10 days on falling demand for vessels to ship iron ore for making steel.
- Ship launch may be last at Poland's Gdynia yard
Poland's Gdynia shipyard, facing likely dismemberment under strict EU rules against state aid, launched what may be its last two vessels on Saturday as a sombre crowd looked on.
- Pirates on the prowl in South China Sea
|
 | web site |
| APRIL 27, 2009 |
- OOCL's US$3.22 per box 'seal charge' angers local shippers
- Maersk, CMA CGM share Asia-Med ships, drop Southampton call
- Manzhouli border checkpoint sees strong cargo recovery in March
- CN posts US$342 million profit in first quarter
- Waterways deal finalises link from Russia to its Kaliningrad enclave
- Costs stymie IMO hazardous, noxious substance rules
- PD Logistics awarded for health and safety record
- Aeroflot drops out of the bidding for Czech Airlines
- TSA evaluating Quantum Sniffer QS-H300 cargo scanner
- CRS opens Portugal GSA representing air cargo clients
|
 | web site |
| APRIL 27, 2009 |
- MSC plays another pivotal role in MICT 's record-setting spree
- OSL betters own discharge record at Vizag Port
- JBS Group defies slump to handle over 16,000 shipments in 2008-09
- Unitex Logistics India strides into 2nd year of operations
- OEgypt waives additional duty on Indian goods
- Shrinking global markets for rubber may catapult imports-ATMA!
- MoS Secretary sets ball rolling for revamping rail line network at Vizag Port
- Asean Ports & Shipping expo & conference on June 3 & 4
- Singapore port named best in Asia for 21st time
- Port Pipavav berths Jindal Vector vessel for 50th time
- Lufthansa Cargo expands eClaims services
- Worst is over for air freight, feels IATA economist
- With rising revenues, optimistic CONCOR on a roll
- CONCOR's Kanakpura ICD rendering quality logistics services
- Depreciation benefit for auto sector to continue
- Defaults prompt ECGC to lower premium collection target
- Govt hopes to get $ 40-bn FDI in 2009-10
|
 | web site |
| APRIL 23, 2009 |
- Wim Bosman Group awarded ISO certification again
The Wim Bosman Group, after an intensive audit week from 30 March to 3 April, at companies in the Netherlands, Belgium and France, has again been awarded ISO 9001 certification (qu...
- Italian postal service on target
The Italian mail service provider Poste Italiane, which is traded on the stock exchange, did well in 2008. The turnover increased by 3.9%, from EUR 17.2 billion in 2007 to EUR 17.9...
- TNT Innight expands cooperation with Fiat subsidiaries
Fiat Group Automobiles Germany AG and CNH, which belong to the Fiat corporation, have reorganised their warehousing structure and after sales logistics. Spare parts for soutwe...
- Lufthansa Cargo adds to eServices
The German national carrier Lufthansa Cargo is further expanding its electronic channels. New in the eServices portfolio is an electronic claims process, allowing customers to...
- Delta to part from freighter fleet
The US carrier Delta Air Lines is pulling all of its B747-200F freighters from service, confirming long-standing rumours. There are fourteen units. The Atlanta-based airline a...
- Analysis alone won't drive road haulage out of crisis
The European Commission has analysed the impact of the economic crisis on road transport, but the International Road Transport Union (IRU) says that the sector and the Europea...
|
 | web site |
| APRIL 24, 2009 |
- Horizon Lines Q1 down, but not out
- Stolt Strength adrift off Somalia
- CMB and Bocimar enjoy good Q1 for 2009
- Captain fined for allowing drunk crew on board
- ICS and ISF fear Hebei Spirit knock-on effects
- V.Ships, Intertanko disappointed at Hebei ruling
|
 | web site |
| APRIL 24, 2009 |
- Bernie Jacobson dies
- STX Pan Ocean in dumping case plea deal
- Todd Pacific gets $15.5 million Navy award
- Wärtsilä sees risk of further €1 billion in cancellations
- Freed ship adrift off Somalia
|
 | web site |
| APRIL 24, 2009 |
- Port of Vancouver, BC welcomes 2009 cruise season
- Weather woes again hit weekly rail traffic numbers
- TITAN Salvage reports active first quarter
- Port of Portland arms truckers with green information book
- Grand Alliance wins top container shipper award
|
 | web site |
| APRIL 24, 2009 |
- Engine makers fear E2bn of orders at risk
MAN Diesel and Wärtsilä say up to €1bn of their respective orderbooks could be lost.
- Engine makers braced for fresh wave of cancellations
- Shipowners call for shake-up of UK and Irish lighthouse authorities
EUROPEAN and Asian shipowners are urging the UK government to restructure the three organisations.
- Fondshaus pulls plug on KG fund
GERMAN KG financier stops marketing fund No 38 as it fails to find employment for a boxship.
|
 | web site |
| APRIL 24, 2009 |
- US to ban ransom-paying owners?
LEGISLATION is being planned in the US that could bar the vessels of ransom-paying ship owners from US ports, according to several Congressional staffers contacted by Fairplay
- V.Ships slams Hebei ruling
THE MANAGER of Hebei Spirit today slammed a ruling by South Korea's supreme court that failed to clear the ship's captain and chief officer of wrongdoing
- US trade woes hit Horizon
JONES Act container carrier Horizon Lines suffered heavy losses in its first quarter, but improved rates and lower fuel costs lessened the blow
- EU pledges Somalia piracy fund
GLOBAL donors have pledged more than $250M to fight piracy and bolster security in Somalia, an EU commissioner has told a Brussels conference
- China stimulus boosts Pacific Basin
CHINA'S $550Bn stimulus package is apparently yielding results in terms of increased trading activity, which has proved to be beneficial to drybulk shipping companies such as Pacific Basin
|
 | web site |
| APRIL 24, 2009 |
- Oberstar Keeping Transport Bill on Fast Track
- Congress to Hold Piracy Hearings
- Agility Opens HQ, Expanded Hub in Singapore
- Shippers Back Seattle, Tacoma Clean-trucks Plan
- Challenger Opens Expanded BC Terminal
- Factory Orders, Shipments Fell in March
- Trucker Saia Loses $6.3 Million
- Horizon Loses $10 million
- Report Faults TSA Risk Assessment
- CKYH Brings Box Service to Halifax
- BNSF Profit Drops More than a Third
- China Shipping Parent Profit Drops
- Charters Boost Rickmers Profit 32 percent
- 10 Career-Busting Moves
|
 | web site |
| APRIL 24, 2009 |
- Do not be complacent
A year ago and all the talk was about an impending shortage of crew
- Shippers slam new China charge from OOCL
- Union Pacific profits run out of steam
- Filipino crews not to be banned from the Gulf of Aden
- Equatorial Guinea gears up for boxes
- Unifeeder offers new service between Rotterdam and Norway
|
 | web site |
| APRIL 24, 2009 |
- Italy: No threat
Italian government denies report that pirates have threatened to kill crew of Italian-flagged anchor handler off Somalia's coast.
- Billion euro threat
Top marine engine builder, Wartsila, warns nearly a quarter of orders potentially at risk of cancellation.
- Philly 'challenge'
Aker Philadelphia Shipyard reports 6.6% rise in revenues as economy hurts seach for new orders.
- Koreans buy ship
A month after reported deal with Koenig & Cie, unnamed buyers said to pay $30m for bulker.
- SLS hull sold
Chemical tanker newbuilding at South Korean yard changes hands for $34m.
- Pirates in court
Eighteen Somali men, including 11 recently captured by France, appear in court to face piracy charges in Kenya.
- Bunge ratted
Charterer loses $2m claim over Brazilian rats that tried to hitch a ride to Iran.
- UP extends
Argentine owner adds another 10 months to a $50m stock repurchase program, which has some $30.5m left.
- Box players cut
Jefferies analyst downgrades Danaos and Seaspan and forecasts weak containership rates through 2010.
- Bright Horizon?
Horizon Lines claims it is 'somewhat recession resistant' but slumps to $10m first-quarter loss.
- Cartman, ahoy!
US series 'South Park' wades into Somali piracy debate with outrageous trip to Mogadishu.
- Aiming low
JP Morgan Asset Management planning opportunistic raid on distressed shipping industry.
- Bulking up
Taiwan's dry cargo player Shih Wei Navigation posts much better profit from 2008.
- It's quotes time
Torm's Mikael Skov on riding out the recession and Professor Grammenos gives a lesson in longevity.
- First falls
Taiwanese bulker owner First Steamship posts big drop in first quarter profit, but 2008 was bumper year.
- RMT in loan talks
Singapore trust in discussion with lending banks on the possible waiver of financial covenants.
- Swan swoops
UK's All Leisure, owner of Swan Hellenic, snaps up last cruiseship of Hebridean International Cruises, which is in administration.
- Strength sapped
Alarm off Africa as Stolt Strength, freed this week by pirates after five months, adrift as bunkers run out.
- Crewman crushed
Filipino man critical after being trapped between two containers at Australian port of Mackay.
- Shinwa shy
Japanese tanker and bulker owner will fall short of previous profit forecast in year to 31 March.
- Silver lining
Sweden's Rederi AB Transatlantic bullish over prospects for recovery after falling to a loss in first quarter.
- Steady for Star
First quarter profit holds up well at Norwegian reefer owner, but 2009 set to be "challenging."
- Feeding the fjord
Samskip and DFDS Lys Line bring in Unifeeder to boost service to Rotterdam from Oslo.
- Tanker overflow
Shipbroker EA Gibson says the tanker fleet grew at more than double the rate of a year ago in the first quarter.
- Opec slows
Crude shipments expected to fall by only 0.6% in four weeks to 9 May, analyst says.
- Bulkers delayed
Pacific Basin says around 60% of bulker newbuildings due in the first quarter of 2009 were not delivered.
|
 | web site |
| APRIL 24, 2009 |
- Webb: U.S. should look at tougher piracy response
- JPMorgan looks to buy ships in distressed market
- Somalia eyes coast guard, needs international help
- UPS profits sink 55.7%
- Roche elected UKACC chairman
- Con-Way records first quarter loss
- UP sees 18% profit drop
- 1st Quarter results
- "10+2" deadline to coincide with vessel departure
- EU, U.S. press ahead on beef talks
- Wal-Mart Canada extends Exel unit deal
- L.A. port postpones infrastructure fee
- Lagos congestion eases as volume drops
|
 | web site |
| APRIL 24, 2009 |
- No tonnage tax in Sweden
The Swedish Parliament and the Swedish Government have different views on a tonnage tax system. The Parliament's Committee on Taxation has unanimously sent a note to the Committee on the
- Asian shipbuilders big losers
Asian shipyards have lost more than USD 25 billion in lost revenues due to the wave of vessel cancellations. Some 250 to 300 bulk carriers, LNG-tankers and container ships
- Norwegian owners have cancelled 41 vessels in 2009
Norwegian owners have cancelled 41 vessels so far this year, to a total value of NOK 12 billion. And further cancellations are under negotiation, according to Bergens Tidende. 30 of
|
 | web site |
| APRIL 24, 2009 |
- Matson to raise fuel surcharge
Recent trends result in increased fuel-related costs.
- Oil drags bunkers higher
Crude moving back over $50 with bunker prices following.
- Cruise season sees low-sulphur fuel use
Seattle season underway with new agreement between port and cruise lines.
- European markets end the week firm
But Rotterdam players say the market is 'extremely quiet'.
- W'rtsil' expects rise in new-build cancellations
'Huge collapse'in shipping orders.
- Asian bunker markets generally firm
Busan bunker avails 'getting better'.
- Armada creditors given 'two weeks'
Creditors want an independent investigation into the cause of the company's insolvency.
- Tanker adrift off Somalia as it waits for bunkers
Captain of vessel chartered by Stolt Tankers appeals for military protection.
- Aramco sells four more fuel cargoes
The refiner has now sold a total of 11 straight-run 180 cst cargoes since early-March.
- Credit managers 'in the eye of the storm'
Failure to manage credit risk is 'playing Russian roulette'.
- Hebei Spirit officers remain detained in Korea
Supreme Court finds them innocent, but high court must now officially dismiss their charges.
- IMO 'cannot afford' to delay decision on GHG emissions
MPA official urges IMO to have an agreement at its MEPC 59 meeting in July.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
