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29 September 2020 The on-line newspaper devoted to the world of transports 16:00 GMT+2

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The Business Timesweb site
MAY 28, 2009
Shipping News
  • Dry bulk capacity may reach surplus in H2
    Dry bulk shipping capacity may reach a surplus in the second half of 2009, pushing charter rates lower, said the president of Cargill Ocean Transportation, a unit of Cargill Inc.
  • Idled container vessels seen doubling to 20%
    The world's shipping lines may double the number of idled container carriers to 20 per cent of the global fleet amid a surge in new vessels and as the recession saps demand, said First Ship Lease Trust's Philip Clausius.
  • Maersk urges shipping climate deal
    The head of shipping and oil group A.P. Moller-Maersk called on Tuesday on governments to reach a global climate deal for the shipping industry when they meet on a new climate treaty in December.
  • APL to raise rates on Asia-Europe trade routes

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Sched Netweb site
MAY 28, 2009
  • APL to increase rate US$300 per TEU on Asia to Europe trade
  • AADA bunker surcharge rises to US$275/TEU, US$550/FEU June 12
  • Domestic trade lifts Port of Tianjin April box volume 5.3pc
  • OECD chief sees global recovery beginning at year's end
  • Israeli security man urges snipers firing aft at pirates
  • Manzhouli checkpoint's April trade volume up 8pc
  • Long Beach Port tells staff to take 5 days unpaid leave
  • CSAV redeploys larger 6,500-TEU ships to Super Galex, not ABS
  • US railways support Senate's surface infrastructure transport bill
  • CEVA Group posts March improvement in Q1 results
  • BA suffers record US$347 million loss and 2,500 layoffs
  • AF-KLM, Delta join to offer 25pc of transatlantic capacity
  • IATA chief says air cargo industry has hit bottom

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Exim Indiaweb site
MAY 28, 2009
  • EEPC presses home need for quick refund of state levies
  • Handicraft exports rising again
  • Service providers exempted from providing BG to avail of export sops
  • Rituals done, work on Mumbai Port's offshore box terminal gets off the mark
  • GPA recycles one-third of its scrap metal waste in 2008
  • Report identifies investment opportunities worth a phenomenal Rs 2.7 lakh crore in Railways
  • Pranab to hold pre-Budget parleys with industry captains on June 1
  • MSMEs seek sweeping tax reforms
  • Japan driving hard bargain for Delhi-Mumbai Industrial Corridor
  • Unpopular FBT may be scrapped
  • Machinery & consumer electronics on display at two fairs
  • Only Central agency can now issue drug export quality certificate

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International Transport Journalweb site
MAY 26, 2009
  • Virgin Atlantic reports profit increase
    The UK carrier Virgin Atlantic has reported a sharp increase in its pre-tax profits from GBP 34.8 million in 2007-2008 to GBP 68.4 million in the last financial year. In the 12 mon...
  • JAL and Mitsui cooperate
    Japan Airlines Group (JAL) and Mitsui & Co Ltd (Mitsui) jointly announced a business alliance agreement in the logistics field, with JAL offering its air cargo transport services a...
  • M&M to build logistics terminal in Casablanca
    M&M Maroc SA, the Moroccan subsidiary of Militzer & Münch, plans to start construction work on a logistics terminal in Casablanca at the end of this year. The 13,000 sqm facil...
  • Agility Project Logistics working with Chevron
    Agility Project Logistics has entered into an agreement with Chevron Australia Pty Ltd (Chevron) for supply base operations and transportation services to support the Gorgon Proje...
  • Rhenus to open two new locations in Italy
    Rhenus Logistics SpA, a wholly-owned subsidiary of the Rhenus group, recently officially inaugurated two new branch offices in Italy. Shipments primarily for Germany and Austria, v...

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Maritime Global Netweb site
MAY 27, 2009
  • IMEC, ITF re-affirm support for Hebei Spirit Two
  • APL to raise freight rates
  • Asian owners call for extended P Canal rate cuts
  • BW and ASRY expand repair deal
  • Dutch bow thruster liability ruling
  • Box revival signs at Marseilles

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Marine Logweb site
MAY 27, 2009
  • Washburn & Doughty to build Z-Tech escort tugs
  • California ARB reg could lead to propulsion failures
  • $61.5 million FMS order for United States Marine Ocean carriers form Heavy Lift Club

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World Wide Shipperweb site
MAY 27, 2009
  • Corps set to continue deepening of Columbia River navigation channel
  • Port of Seattle earns award for supporting military employees
  • Coast Guard cutter HEALY returns from Bering Sea mission
  • ATA truck tonnage index falls during month of April
  • Trucking group publishes handbook on securing cargo

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Lloyd's Listweb site
MAY 27, 2009
  • German owners set to ink CSAV rescue deal
    SHIPOWNERS heading for agreement to prevent stricken line from bankruptcy ahead of Thursday's deadline.
  • CSAV rescue hangs on cancellation of Samsung Heavy order
  • South Korea to free Hebei Two soon
    SOUTH Korean diplomats expect duon would be allowed to head home to India within two weeks.
  • Asian owners stand firm over seafarers criminalisation
    THE Asian Shipowners' Forum said it would continue to speak out on the unfair treatment of seafarers.

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Fairplayweb site
MAY 27, 2009
  • Cargo rate pressures building
    FREIGHT rates for breakbulk and heavy-lift cargoes are likely to feel pressure in the next months as project investments fizzle, conference was warned today
  • Seoul joins ship search treaty
    SOUTH Korea today signed up to an international treaty that allows it to search and detain ships that might be carrying weapons of mass destruction
  • Somalia reportedly blocks ports
    SOMALIA'S interim government is reportedly blockading ports in insurgent-run regions to curb piracy
  • Pacific Dawn flu spreads
    RISING numbers of South Pacific passengers with swine flu is causing further headaches for P&O Cruises Australia and health authorities
  • AT to launch new Med services
    SPAIN'S ferry operator Acciona Trasmediterranea said today it plans two new services from Tangiers-Med in Morocco to Barcelona and to Sète in southern France
  • Cruise pricing stablising?
    CLOSE-IN cruise pricing appears to be stabilising after hitting more new lows this month, Wachovia analyst Tim Conder said today
  • No let-up in Rule Bs
    AFTER a brief lull early this month, maritime attachment claims in the Southern District of New York are again being filed at a brisk pace

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The Journal of Commerceweb site
MAY 27, 2009
  • U.S., Canada Pledge Better Cross-Border Cooperation
  • Steel Imports Dropped 21 Percent in April
  • Calif. Releases $90M for Emissions Plans
  • Saia Cuts Day Off Delivery Times
  • FMC Studies EC Antitrust Decision
  • WTO's Lamy Sees Renewed Doha Commitment
  • Truck Interests at Odds over Driver Database
  • Marseilles Box Throughput Picks Up
  • Global Air Freight Falls 21.7 Percent
  • Breakbulk Market Weathering Economic Bust
  • Breakbulk Carriers Form Association
  • Antwerp, Rotterdam Stack Aluminum
  • TTI Algeciras Orders 20 Kalmar Carriers
  • Cargoitalia Receives First MD-11
  • NYK Returns to W. Africa with Partner
  • APL Plans Asia-Europe Rate Hikes
  • Japanese Exports Tumble 39 Percent

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Containerisation Internationalweb site
MAY 27, 2009
  • Rail group calls for greener London Olympics
  • APL rates drift down
  • Bonne nouvelles de Marseilles
  • South Africa spirals into recession
  • ATA truck index contracts 13%; but US consumer confidence up

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TradeWindsweb site
MAY 27, 2009
  • PGS ballasts up
    Oslo's Petroleum Geo-Services is taking on financial ballast through a private placement.
  • View 'negative'
    Moody's maintains Ultrapetrol ratings, but takes dimmer view on future for South American multi-sector owner.
  • Spat gets personal
    Christen Sveaas attacks Trico chairman Joseph Compofelice over pay rise with directors' share options also a bone of contention.
  • From the ashes
    George Economou walks away with $25m lump sum plus a new 11 year contract after resolving COA dispute with Fortescue.
  • NOO fear
    Non operating owners feel the crunch as their share of idle containership tonnage escalates.
  • Erria tanks
    Danish tanker and boxship player sees first quarter losses widen as two container vessels go into lay-up.
  • Idle FPSO stays
    ExxonMobil holds on to SBM Offshore unit which has not produced oil since 2006.
  • Strike threat
    Workers at Keppel Cebu yard in the Philippines plan walk-out over redundancies.
  • No problem
    Panama Canal Authority denies claim that expansion work bids are over-budget, with offers still in sealed envelopes.
  • Container crunch
    Ofer family holding company Israel Corp sees first quarter profit slashed in tough box markets.
  • Imarex ups profit
    Record quarter for OTC segment sends first quarter net up at Norwegian derivatives trader.
  • Osprey scrapped
    US maritime administration sends 1958-built tanker to Texas breakers for $12,000.
  • Armada hits back
    Armada says decision to appoint judicial manager has been postponed until after Friday's creditors meeting.
  • Attica in reverse
    Greek ferry owner posts large first-quarter loss on bunker hedges and freight volume decline.
  • Globus net drops
    Weakened bulker market sends net profit spinning at George Karageorgiou-led Globus Maritime.
  • Box record
    Danish short-sea operator Unifeeder posts best ever profit for 2008, but fourth quarter hit by downturn.
  • Ore binge overkill
    BHP's Marius Kloppers questions sustainability of China's recent surge in ion ore imports.
  • Search off
    US Coast Guard suspends hunt for 18-year-old student who fell from Carnival cruiseship.
  • NOL still weak
    Singapore liner operator continues to see double-digit declines in container volumes and revenue.

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American Shipperweb site
MAY 27, 2009
  • Zim losses grow as cargo volumes drip
  • Sustainable rates? "Not even close," says APL
  • MOL executive: Eyeing bulk acquisition
  • Cargoitalia receives first MD-11 freighter
  • Truck index at lowest since Nov. 2001
  • Obama reorganizes homeland security staff
  • Chinese tomato paste exports spread
  • Casper hub opens to wind turbine shipments
  • Asian ship owners urge long-term Panama Canal fee cuts
  • NOAA: New rules will protect whales
  • Marseilles box volume rebounds slightly in April

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The Scandinavian Shipping Gazetteweb site
MAY 27, 2009
  • New regime for port state controls adopted
    The port state control organisation Paris MOU, which currently includes 27 member states and the EU Commission, has at a meeting in Reykjavik decided on changes in the port state
  • US Navy in Tallinn Bay
    The US Navy's combined ro-ro and container vessel USNS 2nd Lt. John P. Bobo arrived in Tallinn Bay last week to take part in an international exercise together with
  • Seadrill's result improves
    The international offshore drilling contractor Seadrill, controlled by John Fredriksen, reports a record high EBITDA of USD 347 million in the first quarter of 2009. Consolidated revenues for the first
  • Swedish unit captured pirates
    Early this morning, suspected pirates attacked the Greek flagged bulk carrier M/V Antonis in the Gulf of Aden. The pirates fired upon the ship with small arms and rocket

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The Bunker Bulletinweb site
MAY 27, 2009
  • Coast Guard predicts 'equipment failures' from low-sulphur fuel
    California regulation to begin July 1, shipowners offered guidance on fuel switching safety.
  • Bunker prices surge in Northern Europe
    But markets lacked direction in southern ports.
  • Ferry operator reports hedging losses
    Attica sees loss of over $6 million from financial derivatives.
  • Petrobras buys fuel oil cargo
    Deal comes amid expectations of tighter Asian fuel oil market.
  • New bunker tanker delivered to Italian owner
    Turkish yard says there is strong interest from European owners for three identical newbuilds under construction.
  • WFS 'gaining market share'
    Bunker sales drop 'only a few percentage points'.
  • IMO report: SECAs have 'significant impact'
    Current MARPOL limit estimated to have cut sulphur emissions by 42% in European SECAs.
  • Singapore bunkers at seven-month high
    Prices in Asian hub jump by over $12 on bullish trading.
  • Brightoil to become accredited Singapore supplier
    Chinese supplier awaiting final stages of approval from MPA for its bunkering license.
  • Maersk backs bunker levy
    Group CEO says company supports Danish proposal to introduce a 'climate levy' of as much as $45 pmt on bunker fuel.
  • World will 'run out' of oil in '20-25 years'
    Nuclear power will be a 'good substitute', says commodities market player.
  • Bunker hedges help Norden see profit
    But profit and revenues still fell on lower TC rates and fewer ship days.
  • GAC responds to demand for lay-ups
    Ship owners 'increasingly looking to lay-ups to avoid un-profitable journeys'.

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