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08 December 2019 The on-line newspaper devoted to the world of transports 21:25 GMT+1




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The Business Timesweb site
JULY 27, 2009
Shipping News
  • New rules seen cutting fuel oil demand
    New regulations that will force the shipping industry to switch to cleaner fuel could snuff out nearly a quarter of European demand for fuel oil by 2015.
  • Ship brokers body backs central screen idea
    Freight derivatives brokers will support the idea of a central trading screen for forward freight agreements (FFAs) on the Baltic Exchange, a chairman of the FFA brokers' association said last Friday.

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Sched Netweb site
JULY 27, 2009
  • CSAV Norasia to start Indus service, revamps Super Galex
  • Zim to call at Da Chan Bay Terminal One
  • Port of Ningbo box volume drops 9.3pc in June
  • Amsterdam container volume slides 40pc, transshipment up 2pc
  • Hyundai shipbuilders, Russia's United Industrial Corp team up
  • Deutsche Post DHL suffers 71pc second quarter profit loss
  • Southern Asia Ports Logistics and Shipping conference Sept 24-25
  • Redundant French workers barricade boss in airport office
  • Changi Airport Group buys stake in India's first airport city
  • All Nippon Airways resumes Tokyo to Shanghai Pudong service

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Exim Indiaweb site
JULY 27, 2009
  • Wilson Sandhu Logistics revamps Wilson Pipeline
  • Container shipping to face rough weather in 2010, say analysts
  • Recession pulls down Europe's box shipping volumes by 20 pc
  • MSC announces rate restoration on India-E. Africa trade
  • Tobacco exports up
  • KPT zeroes in on XI Plan capacity target with 3 major projects
  • Rlys earns more from freight traffic in Q1
  • Tea shipments in full rakes could begin from Amingaon ICD
  • Pact on Trans Asian Rail comes into force
  • TCI net up by 35 pc
  • One-third of boxship orders deferred-report
  • Govt borrowing may raise interest rates-economists
  • PPP appraisal panel approves 1,400-km road projects costing over Rs 15,500 cr.
  • New FTP will offer export sops, stimulus packages will stay, indicates Sharma
  • India to stay among top 5 FDI destinations
  • Refunds swell direct tax collections
  • Scindia sees exports remaining static at 2008-09 level
  • US move to review export controls may benefit India
  • BoA to consider 5 SEZ proposals on Aug. 11
  • Nafed gets new Chairman
  • New high-tech steel silos set up in TN to store foodgrains

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International Transport Journalweb site
JULY 23, 2009
  • Vopak expects Q2/2009 group operating profit
    Preliminary reporting on the first six months of 2009 indicates a robust group operating profit for the Rotterdam (Netherlands)-based company Vopak. The current expectation is...
  • UPS profits fell in Q2/2009
    UPS Inc, the world's largest shipping carrier and parcel operator, said that its second quarter profit plunged by 49% to USD 445 million, as sales slipped by 16.7% amid the ec...
  • Polar Logistics joins BDP Global Network
    Sweden-based Polar Logistics AB has joined the BDP Global Network, an alliance of small to medium-sized logistics firms. The network includes 18 companies from countries in the Asi...
  • Stena trying to cut price of newbuildings by 50%
    Stena-Line is trying to cut the price of two newbuildings ordered from Wadan Yards in Wismar and Warnem'nde (both Germany). The total value of the order comes to EUR...

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Maritime Global Netweb site
JULY 27, 2009
  • Warships foil hijacking
  • More use of Scopic "likely"
  • Downturn and legal action hit Horizon
  • Matson boosts A&B

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Marine Logweb site
JULY 24, 2009
  • Chouest to build 360 ft AHTS

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World Wide Shipperweb site
JULY 24, 2009
  • CN temporarily pulls service at Vancouver, BC terminals
  • Rail freight traffic down during week
  • NOAA asks mariners to keep lookout for buoys
  • Panama Canal reports third quarter metrics
  • COSCON joins Evergreen in new China express service

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Lloyd's Listweb site
JULY 24, 2009
  • Hapag-Lloyd asks for rates cut
    STRUGGLING German carrier pressing shipowners for hefty cut in charter rates similar to rescue package negotiated by CSAV.
  • Fears over LOF changes 'unfounded'
    CONCERNS about Lloyd's plans for the 100-year-old arbitration system are "unfounded".
  • Idle LNG ships costing owners $50,000 per day
    SOME of the world's most expensive vessels remain unemployed off the coast of Khor Fakkan.

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Fairplayweb site
JULY 24, 2009
  • D'Amato files re-org plan
    ITALY'S D'Amato di Navigazione has filed a restructuring plan with the Court of Naples, a spokesperson has confirmed
  • US Congress urges $10 box fee
    US CONGRESSMAN James L Oberstar recommended a $10 per teu fee on every container moving through a US port to help address a $140Bn shortfall in transportation funding
  • Probe fallout pummels Horizon
    HORIZON Lines revealed deep second-quarter losses today, driven by both antitrust investigation costs and flagging demand
  • OceanFreight makes S&P moves
    OCEANFREIGHT has made a flurry of transactions, including the purchase of one Capesize and the disposal of another
  • CMB hit by volatile drybulk
    BELGIAN shipping group Compagnie Maritime Belge has been hit hard by a sharp drop in earnings from its drybulk unit, Bocimar
  • HHLA surrenders L'beck terminal
    HAMBURG container terminal group Hamburger Hafen & Logistik is giving up most of its operations in L'beck, the company announced today
  • Brazil ports minister joins waste row
    BRAZIL'S ports minister Pedro Brito has criticised those responsible for shipments of toxic rubbish that arrived earlier this month

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The Journal of Commerceweb site
JULY 24, 2009
  • U.S. Promises Nearly $1 Billion for WTO
  • Government, Industry Promote Voluntary Standards
  • House Bill Adds Tax on Imports, Exports
  • TCI Profit Surges 35 Percent
  • Evergreen, COSCON to Launch China Service
  • Rail Jobs Fall in June
  • Longshoremen Endorse Trumka for AFL-CIO
  • Saia Loses $1.7M
  • FMC Assesses $748,000 in Penalties
  • Hamburg Box Stevedore to Sell Terminal
  • Brazilians Balk at Argentina's Import Restrictions
  • Knight Transportation Keeps Grip on Profit
  • Japan Warns against Buy American provisions
  • Tacoma Imports Plunge 35.5 Percent
  • CN Withdraws Port Vancouver Rail Service
  • Weak Volumes Hurt Horizon Results
  • Shippers Ask Senate to Temper Energy Bill
  • Air France-KLM Cargo Revenue Crashes
  • MSC, Hapag-Lloyd, OOCL Combine Atlantic Service
  • Con-way Reports $31.5 Million Profit
  • Ryder Profit Falls 64 Percent
  • DOT Weekly Stimulus Payouts Rise $91M
  • ABX Closes Wilmington Hub
  • BNSF Net Rises 15 Percent to $404M
  • China to Become World's Largest Exporter
  • NY-NJ Port Funds Truck Replacement

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Containerisation Internationalweb site
JULY 24, 2009
  • What's in that container: hazardous cargo or toxic waste?
    Malcom McLean's 60-year-old concept of loading cargo into steel boxes spawned the globalisation of trade and arguably reduced the threat of war between nations that might otherwise have no mutual business interests
  • Temporary respite for ocean carriers
  • Zim swaps Spanish ports
  • Grim profits & outlook from logistics giants
  • Stock market rally continues

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TradeWindsweb site
JULY 24, 2009
  • Duchess sold
    Numerous brokers say Ship Finance International has sold a single-hull VLCC for as much as $20m.
  • Italian owner files
    Michelle D'Amato's D'Amato di Navigazione has filed for court protection in Naples but says it's not insolvent or bankrupt.
  • Vale still busy
    Roger Agnelli-led iron ore miner said to be buying capesize from Grand Union for $20m.
  • Sale quashed
    Plug pulled on OceanFreight's proposed panamax purchase as seller's bank fails to 'lift conditions'.
  • Matson lifts A&B
    Oakland liner operator returns to profitability in the second quarter and sees volumes improve across all trade lanes.
  • Survey outfit dips
    WesternGeco suffers 51% drop in second-quarter operating income as marine revenue slumps.
  • Riga blast scare
    Acetone cyanhydrin leak from containers at the port of Riga leads to evacuation of nearby neighbourhoods.
  • Another crash
    Leaving the port of Santos months after collision, heavy-lifter Zhen Hua is involved in another.
  • Horizon drops
    Chuck Raymond-led owner sinks into the red in second quarter due to antitrust settlement and a relentless global recession.
  • Aeolos victory
    Embiricos tanker company wins another round in VLCC charter battle with Petrobras.
  • Greek buys cape
    OceanFreight takes another bulker off Bocimar and confirms departure of smaller unit Juneau.
  • Rubbish arrests
    Three men collared in UK over alleged illegal shipments of waste to Brazil freed on bail.
  • Heavy fall
    Korean shipbuilder HHI blames foreign exchange losses for big drop in second quarter profit.
  • It's quotes time
    London shipbrokers are clowning around and Swire feels the thunder downunder.
  • New5 in Numb3rs
    Spyros Laimos has $700m for new bulkers, Stolt-Nielsen takes three axed Eitzen newbuildings and Maersk gets huge windfall from UK tax man.
  • Hunting ringgits
    Dennis Ling's HUBLine targets MYR 124m haul from rights issue to bolster its balance sheet.
  • Cochin builds
    Indian port invites tenders to develop bunker and LPG terminal at Puthuvype.
  • Star's stinker
    Star Reefers' second quarter bottom line dives by two thirds due to rotten reefer market.
  • TOO rebounds
    Teekay offshore spin-off bags stronger first quarter figures despite falling revenue.
  • A step closer
    Sri Lanka to propose new ferry link to India at Asian transport ministers' summit.
  • Saved by swaps
    Teekay Tankers sees spot rates fall, but first quarter profit grows as interest rate deals boost bottom line.
  • Eight injured
    Passengers hurt as Norwegian ferry Smorbukk strikes Oslo quayside head on.
  • Sliced open
    Historic Austrian paddle steamer severely damaged in collision with river cruiseship on Danube.
  • Dung dong deal
    Grass greener in Vietnam where Thoresen Thai acquires French-owned fertiliser outfit.
  • Canadian cash
    Davie Yards wins more loans from government agencies to keep on building.
  • Brace yourself
    Pacific Shipping Trust warns low rates to cast shadow over boxship market for foreseeable future as it posts mixed results.
  • Asian express
    Coscon and Evergreen launch joint South-east Asia run with four 2,100-teu vessels.
  • Exchange gain
    Teekay LNG reverses first-quarter loss last year to post profit purely on better financial instruments.
  • Mixed results
    Chinese government official says the year's import figures will reveal a mixed bag of results.
  • Sabotage!
    Former workers at Poland's Szczecin accused of trying to wreck Qatari takeover by alleging "illegal activities".
  • Cautious approach
    Panama Canal boss predicts 'flat' year ahead but says waterway not severely affected by economic downturn.

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American Shipperweb site
JULY 24, 2009
  • Drewry: Ship operating costs to fall in 2009-10
  • Horizon Lines: Loss reflects legal costs
  • Matson hit by lower container volumes
  • IATA begins e-freight effort in Japan
  • Cathay increases Saudi services, decreases others
  • Railroads want tax incentives to expand capacity
  • Con-way returns to profitability
  • BNSF profit up despite 26% revenue drop
  • Auto processing consolidated in Port Newark
  • Panama Canal: Fewer ships, less waiting
  • DP World says Vietnam terminal to open in October

news on subscription
The Bunker Bulletinweb site
JULY 24, 2009
  • Suppliers, buyers face firming fundamentals
    Both sides of the bunkering equation grappling with price rises as week ends.
  • European bunker prices end the week firm
    Rotterdam goes above $400 for the first time in 9 months.
  • Bunker rules will hit European fuel oil demand
    Stricter sulphur limits in European ECAs 'will boost fuel oil exports to Asia bunker market'.
  • Global average bunker fuel sulphur content still falling
    Only 23 out of 106,925 samples exceeding 4.50% sulphur in 2008.
  • Shipping could be targeted for funds
    'Seeds have been sown' for shipping to be seen as a source of revenue in global campaign to reduce GHG emissions.
  • Antarctic fuel oil ban on the way
    IMO committee approves proposal, formal adoption expected in 2010.
  • IMO adopts amendments to STS oil transfer regulations
    Rules apply to transfer of oil cargo at sea, but excludes bunkering operations.
  • Bunker prices surge in key Asian ports
    Tight supplies and rising fuel oil cargo values see Hong Kong bunkers up by $22 pmt.
  • Algeciras sees continued growth for bunkers
    Reports 11% bunker sales increase even as first-half total port throughout drops.
  • Supplier wins ISO certification
    Turkey-based Arkas Bunkering says certification shows its commitment to 'service quality'.
  • Double-hull lube barge first for Singapore
    Chevron to replace single-hulls by chartering two new barges from United Maritime.
  • Chimbusco Pan Nation opens office in Singapore
    Bunker trading has started, looking to expand operations.
  • China, Ecuador ink crude oil deal
    PetroChina will buy 2.88 million barrels of oil a month.
  • Sunken fishing vessel refloated
    Risk of an oil spill averted in Australian waters.




Vincenzo Miele


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