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20 June 2018 The on-line newspaper devoted to the world of transports 09:49 GMT+2

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The Business Timesweb site
OCTOBER 29, 2009
Shipping News
  • Malacca, S'pore straits can handle rise in vessel traffic
    The critical straits of Malacca and Singapore have sufficient capacity to handle the projected increase in vessel traffic for the next 15-20 years, a study commissioned by the Maritime and Port Authority of Singapore (MPA) has found.
  • SembMarine completes 2 rigs
    Sembcorp Marine unit Jurong Shipyard yesterday announced the completion of the two biggest ultra deepwater DP3 semisubmersible drilling rigs it has built to date for major US independent drillng contractor Noble Drilling.
  • Cosco Pacific Q3 profit drops 49%
    Cosco Pacific Ltd, Asia's third-largest container-terminal operator, posted a 49 per cent drop in third-quarter profit as the global recession dampened world trade.

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Sched Netweb site
OCTOBER 29, 2009
  • Cosco Pacific's quarterly profit off 49pc, but says worst over
  • Top three Japanese ocean carriers suffer big losses
  • Maersk to adopt slow steaming on Far East-Europe trades
  • Zhuhai's Gaolan CT presents options on western Pearl shore
  • DP World Jeddah takes 15 super-super postpanamax cranes
  • BBC Box does full circle, now in UK, but soon off to Africa
  • OOCL Logistics launches MyPodium Mobile IT system
  • EU conference ban happened at the worst time: ELAA
  • Singapore's MPA revises anti-piracy instructions
  • Rotterdam Rules win final 20th signature from Niger
  • NYK chooses GAC to build 'strong' market in Nigeria
  • Agility to handle pre-positioning and logistics of US humanitarian aid
  • Port of Newark Container Terminal reimburses truckers for delays
  • Korea's Hyundai Mipo yard detained 6,600-TEU CMA CGM vessel
  • Pacific air cargo losses narrow as AAPA posts 6.5pc drop
  • ABC to fly from Amsterdam-Tokyo via Moscow
  • Norway's Fellestransport joins Greencarrier group from November 1

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Exim Indiaweb site
OCTOBER 29, 2009
  • Alang shipyard to be developed along PPP model: Draft report ready
  • Customs duty on some rice varieties scrapped
  • Chilli not so hot!
  • France offers food processing expertise
  • India, US to evolve framework for closer trade ties
  • Soap-makers in hot water with dumping duty on inputs proposed at 20 pc
  • Gems & jewellery exports glistening once more
  • Shreekant Singh is MbPT's new Deputy Chairman
  • Shanghai displaces Singapore to become world's Top Box Port in September
  • CoPT mulls leasing out land for port-related projects to augment earnings
  • Rs 130-cr. Japanese loan for freight corridor project
  • CWC bucks slowdown to perform excellently & present dividend cheque of Rs 11.22 cr. to Farm Minister
  • New category of NBFCs makes lending to infrastructure sector easier
  • RBI ending era of easy monetary policy-IMC
  • Credit becoming too costly, says Fieo chief
  • Core sector shining again!
  • FM keeps fingers crossed on GST rollout date
  • Asian economic community gets closer to reality
  • Passion makes all the difference
  • Preeti & Ashwin stay at helm of AIEC

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International Transport Journalweb site
OCTOBER 27, 2009
  • Grimaldi Group forecasts pleasing results for 2009
    Emanuel Grimaldi, co-managing director of the Naples (Italy)-based Grimaldi Group, recently announced that his group's ebitda will reach EUR 400 million in 2009. The net result is ...
  • Aramex: Q3 net profit rises 23% to AED 41.7 million
    Aramex, the Middle East-based global logistics solutions provider, reported a Q3/2009 net profit of AED 41.7 million, an increase of 23%, compared to AED 33.9 million in the corres...
  • Ryder System reports massive profit drop
    The USA-based transport and logistics provider Ryder System Inc reported that its Q3/2009 net income fell by 66% to USD 24.0 million, against USD 70.2 million achieved in the ...
  • DHL Solutions & Innovation presents first plans
    Deutsche Post DHL presented DHL Solutions & Innovation (DSI), its newly launched business unit at the recent 26th German Logistics Congress in Berlin. As a motor of innovation...
  • PD Ports and Teesside University welcome first foundation degree students
    The UK port operator PD Ports and Teesside University (UK) welcomed the first 15 delegates who will study for the newly launched Foundation Degree. The training scheme wa...
  • Horizon Lines: Q3 volumes down 5.7%
    The USA-based shipping company Horizon Lines announced its fiscal Q3 results. "During the third quarter, we continued to successfully battle the economic turbulence that gripped ou...
  • Qatar Airways operates first scheduled service with synthetic fuel
    The Arabian carrier Qatar Airways recently completed the first commercial passenger flight with an aircraft powered by GtL fuel (gas to liquid). The scheduled Airbus A340-600 fligh...
  • Brazilian forwarding companies order 100 MAN trucks
    The first 100 MAN TGS and TGX trucks that will be assembled by MAN Latin America already have owners in Brazil. Julio Simoes, Arcom and Binotto, three of the biggest Brazilian tran...
  • Panalpina and Atlas Air extend cooperation
    The global forwarding and logistics group Panalpina, based in Basel (Switzerland), and its long-time airline partner Atlas Air have renewed their cooperation agreement. Within...
  • Port of Dunkirk phases in new rail track
    Grand Port maritime de Dunkerque (GPMD), the major seaport in Dunkirk (France), has put its new Saint-Georges rail track into service. The line runs straight from the bulk qua...

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Maritime Global Netweb site
OCTOBER 28, 2009
  • Singapore Strait still has room
  • Japanese destroyer hits South Korean box ship
  • DP World has poor Q3
  • Mixed bag for Exmar

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Marine Logweb site
OCTOBER 28, 2009
  • Horizon delivers two vessels in three days
  • Royal Caribbean takes delivery of Oasis of the Seas

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World Wide Shipperweb site
OCTOBER 28, 2009
  • Port of Seattle cruise season breaks records during 2009
  • Public meetings set for Port of Tacoma budget
  • Corps plans blasting project to deepen Columbia channel
  • Everett Port Commission Oks scaled back budget
  • Ceremony marks christening of new Crowley ATB vessels

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Lloyd's Listweb site
OCTOBER 28, 2009
  • Poll shows more crew favour carrying guns
    ALMOST half of British and Dutch seafarers believe they should be allowed to carry guns in face of pirate threat, a survey by Nautilus reveals.
  • IMO delegates raise concerns over arming of vessels
  • Box sector worsens as cash flow dries up
    LOSSES could be as much as $100,000 a day.
  • Total defends role in Erika accident
    GROUP's personnel not guilty of any failures, says chairman Thierry Desmarest.
  • CMA CGM denies getting offer for Delmas
    GROUP says it has not received offer from Bollore for its subsidiary.

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Fairplayweb site
OCTOBER 28, 2009
  • Florida LNG port approved
    AN LNG port off Florida has been approved by MarAd Chief David T Matsuda
  • Arctic Sea nuke scan starts
    INSPECTORS are testing Arctic Sea, the focus of an international ship hunt, for radioactive and chemical residues, Fairplay was told today
  • Berlin accused of maritime gap
    BERLIN'S new conservative-liberal government was already accused today of ignoring maritime concerns
  • Junk bond trend builds
    GENERAL Maritime plans to raise $230M from the sale of notes, marking the third maritime junk bond scheme in the past week
  • GenMar seeks time cover
    SEVERELY depressed spot rates dragged down General Maritime's quarterly results, as the NYSE-listed tanker company moved to expand its timecharter coverage
  • W Africa LNG boom seen
    EQUATORIAL Guinea plans to double its LNG exports within five years, according to an energy ministry spokesman
  • IEA sees near-term 'gas glut'
    A GAS GLUT will dominate the LNG sector's near-term shipping future, Didier Houssin, the IEA's energy markets and security chief, has told an energy conference

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The Journal of Commerceweb site
OCTOBER 28, 2009
  • Maersk Extends Asia-Europe Loop to Poland
  • LAX Reports First Freight Gain Since 2007
  • Steel Imports Increased in September
  • BAA Loss Widens
  • Breakbulk Sails Directly from Ireland
  • Mumbai Extends Storage Time
  • Hapag-Lloyd Finances Improve
  • Yusen Profit Drops Sharply
  • China Shipping's 3Q Loss Worsens
  • Cosco Pacific's 3Q Profit Falls 49 percent
  • Hanjin Shareholders Approve Restructuring
  • Marseilles-Fos Box Traffic Climbs 25 percent
  • Container Ship Collides With Japanese Destroyer

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Containerisation Internationalweb site
OCTOBER 28, 2009
  • Desperate Ariana crew out of fuel and out of time
  • ASC appoints 'task force' to assess Rules impact
  • MSC beefs-up UKEC feeder
  • Nestle Chile choose K+N
  • Braemar 'in good shape'

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TradeWindsweb site
OCTOBER 28, 2009
  • Photo flood
    Entries are already pouring in for TradeWinds' Maritime Photographer of the Year contest.
  • They're cancelled
    George Economou's DryShips confirms it has struck a deal to cancel deal for two kamsarmax newbuildings.
  • New for Nikitin
    High Court hears Sovcomflot had special clauses almost exclusively for charters with Yuri Nikitin's companies.
  • Campeche bashed
    ITF releasing report claiming a deadly safety failures and corrupt practices in Mexico's offshore sector.
  • K-Sea loan woes
    Shares in tug-and-barge player plunge by 35.1% after warning of potential loan covenant breaches.
  • Tanker grounds
    German-controlled tanker quickly re-floated after running aground off Puerto Rico. No signs of pollution.
  • Back off, comrade
    Sergei Terekhin told Sovcomflot's deputy manager of fleet operations, 'as a friend' not to ask questions about charters to a Yuri Nikitin-backed company.
  • Bank loan dearth
    General Maritime's Peter Georgiopoulos expects limited bank financing to continue next year. Also, company shares plunge following earnings report.
  • Precious curbed
    Thai bulker owner still firmly in the black in third quarter, but gains shrink.
  • House says yes
    US Congress's lower chamber approves $153m in funds for ice breaker sought by Great Lakes bulker operators.
  • Pushed back again
    Sergio Machado-led Transpetro pushes back deadline second time for bidding to provide eight LPG carrier newbuildings.
  • Dock discussions
    India's Cochin Shipyard in talks over second drydock at Kerala using IPO cash.
  • Casualty file
    Piracy and Cobelfret bulker collision top roundup of marine casualty incidents.
  • Second for SC
    Brazil's Santa Catarina state draws second shipyard plan as dizzying race to up country's building capacity continues.
  • 'Brits will burn'
    Somali pirates threaten lives of two Britons on seized yacht if navies stage rescue bid.
  • Concordia in red
    Genmar share sale sees Hans Norin-led Swede forecast $14m annual loss as third-quarter sinks to loss.
  • Krumnow resigns
    "Personal reasons" behind immediate departure of TUI supervisory board chairman Jurgen Krumnow.
  • Lifelines backed
    Crew union Nautilus welcomes European Commission's approval of state aid for Scottish ferry services.
  • Ten for Turks
    Turkey's Palmali orders series of 10 Armada-type tankers at domestic Besiktas Gemi Insaa Anonim Sirketi yard.
  • Uljanik down
    Croatian tanker and bulker owner posts another profit drop despite stronger revenues.
  • Genmar bonding
    US-listed tanker owner to sell $230m of notes as part of deal to ease bank covenants.
  • Odfjell turns red
    Extremely weak conditions in the handysize sector push Oslo chemical tanker operator to a loss.
  • PNSC weaker
    Pakistan's national owner posts weaker first quarter profit to 30 September.
  • Iraq run
    Maersk launching containership feeder service to Umm Qasr from Jebel Ali in UAE.
  • Nexus 1 sold
    Sale by Nexus of laid-up FPSO newbuilding to Brazil's EBX comes in well below ordered cost.
  • WIS worse
    Western India Shipyard widens losses in first six months as revenue plunges.
  • Pirates nabbed
    Troops open fire on pirates after attack on French fishing vessel off Somalia, seven arrests made.
  • Viking Valhalla?
    FPSO Knock Nevis, once world's largest ship as Jahre Viking, could have a date with the breaker's torch.
  • Rugby Rhapsody
    Royal Caribbean's Rhapsody of the Seas one of five cruiseships that will house fans for 2011 World Cup in New Zealand.
  • Awkward anchor
    BC Ferries ship gets stuck off Canada after unexpectedly dropping anchor.
  • George jailed
    Nigeria's former ports chief Olabode George sentenced to two and a half years for corruption.
  • Worse by half
    Chinese terminal operator Cosco Pacific saw third quarter profit drop 49% as the global downturn continued to bite.
  • Genmar down
    US-listed tanker owner sees third quarter profits decline 37% despite addition of Arlington fleet.
  • Fili flooded
    Russian general cargoship loses power in Caspian Sea storm off Azerbaijan.
  • Zeeland down
    Dutch ports group sees nine-month volumes fall 17% due partly to refinery maintenance.
  • Enough room
    MPA study says shipping capacity on the Singapore Strait could be increased by at least 75%.
  • Mercator mixed
    Singapore-listed Indian owner reports sizeable declines in both interim profits and revenues.

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American Shipperweb site
OCTOBER 28, 2009
  • ELAA: Bad timing in EU conference abolition
  • Hanjin shareholders approve company split
  • OOCL to hike transatlantic rates in January
  • Norfolk Southern profit off 42%
  • EU, U.S. continue talks to reduce trade barriers
  • Senate committee clears DOT, DHS nominees
  • Jackson joins ATC Logistics & Electronics
  • FMC reviews 9 OTI license applications
  • COSCO Pacific 3rd quarter profit drops 32%
  • India weighs one-terminal limit on private operators
  • MarAd approves Florida LNG port

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The Scandinavian Shipping Gazetteweb site
OCTOBER 28, 2009
  • Oasis of the Seas handed over
    On 28 October 2009, STX Europe's Turku shipyard delivered the 225,000 GT Oasis of the Seas to Royal Caribbean International. She is the world's largest cruise vessel and she will
  • NYK slashes growth ambitions
    After having announced a USD 320 million loss for the latest six months, Japan's second largest shipowner NYK also reveals a major cut in its fleet growth ambition. According to
  • Tough times for Tallink despite pay cuts
    Tallink reports a EUR 8.2 million loss on EUR 792 millions in revenues for the fiscal year 2008/2009. Thanks to increasing passenger volumes, revenues increased however during Q4

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The Bunker Bulletinweb site
OCTOBER 28, 2009
  • Prices steady in Rotterdam market
    NYMEX showing losses of more than $2.
  • Taiwan signs bunker fuel deal with Shell
    Transacted price 'extremely low', say traders.
  • US oil inventory report 'fairly bearish'
    Oil prices fall after unexpected increase in US stock of gasoline.
  • Key bunker prices largely unchanged
  • Ship operators win ECA exemption
    Environmental group disappointed at 'special interest fix for favoured industry'.
  • Tallink looks to lock in more fuel cost
    Q4 result helped by lower fuel cost at the end of loss-making year.
  • Cap-and-trade could cost shipping '$6 billion a year'
    Copenhagen: Shipping could be forced to accept deal 'that is not good for the industry'.
  • Chemical carrier posts losses
    Higher bunker prices, weakening dollar and an oversupply of tankers leaves outlook uncertain.
  • Markets mostly softer mid-week
    Key Asian ports show weak or steady bunker prices.
  • Singapore pre-trial conference on corruption deferred
  • CSCL Q3 losses deepen, outlook negative
    Higher bunker fuel cost is 'key factor' for worse-than-expected Q3 results.
  • Work to retrieve oil resumes
    Operation expected to be completed within 2-3 weeks.
  • BP Q3 profit halved
    Profit halves due to slump in crude oil prices despite higher output.
  • Destroyer, container ship catch fire after collision
    Japanese shipping strait disrupted for four hours; investigation underway.

Est Europea Servizi Terminalistici Evergreen Line Vincenzo Miele

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