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06 April 2020 The on-line newspaper devoted to the world of transports 11:34 GMT+2

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The Business Timesweb site
MARCH 30, 2009
Shipping News
  • Complexity delayed cruise terminal
    The development schedule for the International Cruise Terminal at Marina South was delayed due to the project's complexity, the Singapore Tourism Board (STB) said.

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Sched Netweb site
MARCH 30, 2009
  • China's trade value down 27pc in first two months
  • 57pc importers plan to buy more from China: Global Sources
  • Fuzhou port launches first outbound Japan cargo service
  • Chiwan welcomes maiden voyage of Chilean Antof
  • US Democratic congressman calls for tough ballast water rules
  • Jiangyin Port aims at throughput of 750,000 TEU this year
  • Safmarine names latest 3,100-TEU newbuilding
  • Chennai CT to provide direct rail freight link to Nagpur
  • 'G20 to dampen protectionism, end bank secrecy and regulate PE'
  • China Southern to implement summer-fall schedule
  • TSA cannot affirm 50pc of passenger aircraft cargo is screened
  • LAN Cargo to launch new all-cargo carrier for Latin America
  • Downturn to derail production schedules at Boeing: analysts

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International Transport Journalweb site
MARCH 27, 2009
  • DHL and Makro to build new facility in Thailand
    DHL Supply Chain is extending its five-year partnership with wholesaler and retailer Makro, with the construction of a new USD 4.6 million automated warehouse in Wan...
  • Norbert Dentressangle 2008 results
    The French transport and logistics group Norbert Dentressangle reported that revenue in financial year 2008, at EUR 3.107 billion, was up by 72% on 2007 (primarily due to...

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Maritime Global Netweb site
MARCH 27, 2009
  • V.Ships slams IACS chairman
  • TT Club's 2008 deficit
  • Golden Ocean liquidity "still challenging"
  • Owners balk at crew cost increases
  • Bourbon's good year

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Marine Logweb site
MARCH 27, 2009
  • Obama picks Ray Mabus for Secretary of the Navy
  • Columbia Coastal resumes Portland-NY service
  • LeTourneau to supply kits for two Petrobras rigs
  • V.Ships slams Hebei Two accusations by Korea Register chief

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World Wide Shipperweb site
MARCH 27, 2009
  • Island Tug and Barge workers to receive Coast Guard honors
  • Down week recorded for US rail freight traffic
  • Sea-Tac Airport baggage project means food for Washington dogs
  • Port of Vancouver, USA nets federal stimulus funding
  • Coast Guard plans new rules for TWIC electronic readers

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Lloyd's Listweb site
MARCH 27, 2009
  • Syndicated loans grind to a halt
    FEARS over shipping industry's ability to raise capital as a major source of funding 'disappears'.
  • Shipping fears local focus at state-owned banks
  • Personal reasons prompted Molaris' departure from Excel
    "MY mission had come to an end," he tells Lloyd's List in his first interview after resigning a month ago.
  • Fifth of tanker newbuilds 'will not be delivered'
    DELAYS of newbuldings are most likely in the suezmax sector, Simpson Spence & Young report suggests.

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Fairplayweb site
MARCH 27, 2009
  • CERA fears future oil shock
    THE RECESSION could slash future oil production and set up another price spike, IHS-owned Cambridge Energy Research Associates warned today
  • Vale starts Mozambique project
    BRAZILIAN mining giant Vale said today it has broken ground on its $1.3bn Moatize coal project in Mozambique
  • Piraeus bomb sparks shipping alert
    A SECURITY alert for shipping was issued today for Greece in reaction to an explosion outside the offices of two shipping companies in Piraeus
  • DP World delays London Gateway
    DUBAI Port World is delaying work on the London Gateway port as part of a global review of its development projects
  • Champagne offers but beer prices
    PETER Keller has warned shipping: "We cannot continue to offer champagne when customers are demanding beer prices."
  • Maersk shifts US flag vessels
    AP MØLLER Maersk will continue to enjoy a $10M payday for shifting four of its box ships from the UK register to the Stars and Stripes
  • HSH axes investor pay-outs
    EMBATTLED German ship financier HSH Nordbank is cancelling '200M ($266M) in payouts to profit-participation and silent-capital holders for 2008

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The Journal of Commerceweb site
MARCH 27, 2009
  • ANA Drops Freighter Contract
  • Hamburg Süd Restructures Europe-Australasia Network
  • Miami Port Tunnel Decision Postponed
  • Columbia Coastal Resumes Portland-NY Service
  • Rail Shippers Push for Larger STB
  • Transportation Labor Applauds FAA Choice
  • PSA Profit Plunges
  • Former ALPA Chief Named to Head FAA
  • Cosco CEO: 'Cash is King'
  • Old Dominion Doubles in Indiana
  • NYK Logistics Names U.S. Warehouse Chief
  • Major Midwestern Trucker Shuts Down
  • Maersk to Hike Rates to Mediterranean
  • Shippers Seek Sharper Regulatory Review
  • Port Freeport Gets Permit to Widen Channel
  • WTO Expects Big Decline in Global Trade
  • Ex-Im Bank Assists U.S. Railway Equipment Makers
  • "K" Line Withdraws from Portland
  • Seattle to Spend $17M More on Mobility
  • Coast Guard Seeks TWIC Comments
  • Japan Finances South African Port Project
  • Rae Steps in as FRA Deputy
  • Pirates Hijack Norwegian Tanker
  • Maersk Logistics Partners with Carbon Manager
  • MCC Transport Hikes Rates
  • OECD Predicts 'Terrible' Year
  • Small Truckers Slam Mexico Trade Effort
  • Yang Ming Adds Two Ships
  • Short Line Traffic Keeps Skidding
  • Obama Sends Rail, Mediation Picks to Senate
  • Air France-KLM warns of full year loss

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Containerisation Internationalweb site
MARCH 27, 2009
  • Blame Henry for the Light Dues debacle
    Divorced, beheaded, died; divorced, beheaded, survived: that was the fate of Tudor monarch Henry VIII's six wives. But during his first marriage, to Catherine of Aragon, Henry found time - in between arguing with the Pope - to grant a Royal Charter in 1514 to a fraternity of mariners known as the Guild of the Holy Trinity; thus sowing the seed for the formation of Trinity House, and the collection of Light Dues (LD) around the UK and Ireland's treacherous coastlines.
  • ATA claims LA Port deceived public over clean trucks
  • Pacific Adventurer awaiting repair
  • CSCL's 2008 profit decimated by rate collapse on Transpac and Europe trades
  • Alabama tenders for interest in Garrows Bend
  • PSA's profit dips

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TradeWindsweb site
MARCH 27, 2009
  • Stolt fight erupts
    South Korea's SLS Shipbuilding takes Stolt Tankers to arbitration over cancelled parcel tanker.
  • DHT supersizes
    Tanker owner's stock heading in reverse after its boosts size of share offering Friday.
  • Ransom paid
    LPG carrier seized off Somalia in January could be released "within hours" after aircraft delivers cash.
  • Amman sold
    Jordanian-controlled newbuilding supramax City of Amman fetches $15.1m for German buyers,
  • MLL takes nine
    AP-Moller Maersk is moving nine vessels to the US flag as Maersk Line Limited renews its fleet.
  • Missed penalty
    George Economou fails to score with "unconscionable" claim over Glencore's late redelivery of panamax bulker.
  • S&P cuts cruise
    Royal Caribbean and Carnival suffer credit rating downgrade as agency cuts back revenue outlook.
  • US sub 'rolled'
    Nuclear-powered submarine which collided with warship in Strait of Hormuz, 'rolled 85 degrees'.
  • Volcano trouble
    Mount Redoubt is erupting near Chevron's Drift River Terminal in Alaska, but so far the tanker loading facility is unaffected.
  • Nipayia talks on
    Negotiations to free Greek chemical tanker and crew seized off Somalia said to be underway.
  • It's quotes time
    Panayotides gets panned by the bankers and Cosco's Wei Jiafu is caught hook, line and sinker.
  • Thunder cash
    Smit's 2009 accounts swelled by EUR 10m settlement with BP over salvage of giant Thunder Horse rig.
  • Bomb in Piraeus
    Shipping companies may have been target of homemade device which exploded in Greek port on Friday.
  • Internet in a box
    Database that aims to archive the web is housed in a shipping container.
  • Cruise crusade
    US passenger takes legal action to force NCL to provide details of alleged attackers on cruiseship.
  • Trio fail
    Canada holds two bulkers and an OBO during February with safety faults.
  • Unlucky strikes
    "Personnel mobilisations" drag profit down a packet at Greece's main port of Piraeus.
  • Wenchong jilted
    China's GSI scraps deal to buy parent CSSC's Guangzhou shipyard after share price falls.
  • Hedge fund hurt
    Concordia slices its profit forecast after writing off entire investment with troubled British hedge fund Weavering Capital.
  • Bailout round two
    South Korea pledges $150m more to prop us struggling shipbuilders and construction firms.
  • Problem child
    Oilexco Inc says it will receive only a single dollar bill from the $505m takeover of its insolvent North Sea unit.
  • Gensan grows
    Groundwork starts on Philippines company's second shipyard, set to be biggest in Mindanao.
  • Qatar coup
    Dutch shipbuilder Damen to form yard joint venture with Qatar Gas.
  • Offer pending
    Sohmen-Pao family to buy remaining shares in BW Gas after disappointing take-up of rights issue.
  • Big John bails
    Fredriksen's Geveran Trading sells all its shares in BW Gas as Sohmen-Pao family begins total takeover.
  • Cido deal sealed
    Taiwan's Wan Hai Lines finally buys two 1,800-teu newbuildings for knock-down $20m each.
  • Boxes found
    Australian Navy finds majority of boxes which tumbled from Swire ship in cyclone.
  • HHI running dry
    World's largest shipbuilder sees orders dive 85% in first two months of 2009 as its wait for newbuilding order goes on.
  • Ion cuts too
    FreeSeas becomes latest bulker owner to ditch dividend, but remains optimistic over handysize prospects.
  • DHT seeks cash
    OSG tanker spin-off DHT Maritime says it may issue up to 7.5m new shares in fund raising drive.

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American Shipperweb site
MARCH 27, 2009
  • Maersk hikes U.S./Med rates
  • NYK slashes profit projections
  • Jacksonville loses one service, gains two
  • February air freight falls 22%
  • Old Dominion, Hanjin offer joint LCL service
  • Feds push out stimulus funds for transport
  • Oberstar calls for 2nd new Great Lakes icebreaker
  • Poor records hinder food supply regulators
  • AAEI seeks better regulation cost analysis
  • China eyes Shanghai as finance, shipping center
  • UTi reports 4th quarter loss
  • PSA profit dives 46% in 2008
  • HPH revenue up 4%, but parent's profit slides
  • Truckers: L.A. statements deceptive

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The Scandinavian Shipping Gazetteweb site
MARCH 27, 2009
  • New feeder service to Göteborg
    In April, Orient Overseas Container Lines (OOCL) will open a new route to the Port of Göteborg for exports to Asia, North America and Australia. The vessels on the route
  • Two chemical tankers seized within 24 hours
    Two European owned chemical tankers have been hijacked off Somalia in only 24 hours. The Greek-owned Panamanian registered Nipayia, 8.742 DWT, with a crew of 19 and the
  • New port facility in Malmö
    CMP (Copenhagen Malmö Port) will get a new port facility at Malmö's Northern Port. The City of Malmö and the construction company Skanska has signed a contract worth SEK 845
  • Turbulent year for Nordic Tankers
    Nordic Tankers A/S has been been very affected by the financial crisis and the turbulence in the company management after Steen Bryde's hostile take-over in April 2008. Both
  • Bill for fixed link passed in Denmark
    The bill for a fixed link over the Fehmarn Belt was finally passed in the Danish parliament on Thursday this week. A majority agreed to build the bridge. The construction

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The Bunker Bulletinweb site
MARCH 27, 2009
  • Americas: Prices flatten out to end week
    Markets hovering around levels established mid-week.
  • New terminal could be operational in two years
    Building work on Algeciras Isla Verde bulk liquid terminal will start 'shortly'.
  • Europe: Mixed price picture to end the week
    Good activity reported in Hamburg, ARA ports remain quiet.
  • Bunker hub reports 'no spills' for 2008
    Port of Algeciras 'leads the way' in oily waste collection.
  • Cape Town barge back in service
    Supplies restricted and prices firm in South African bunker market.
  • Commodity trader to enter fuel oil market
    Noble Group could be hoping to gain from firm margins.
  • Asia: Bunkers end week with more gains
    Tokyo Bay prices overtake Busan for the first time in five weeks.
  • New corruption charges In Singapore
    Court hears allegations of 'short deliveries'.
  • China to further open up bonded bunker market
    China takes step another step to liberalising the market.
  • Hambantota project aims for faster completion
    Phase one of the project, which includes a bunkering terminal, can be completed ahead of time.
  • New bunker tanker to 'benefit' Auckland's economy
    Shell New Zealand to operate the double-hulled tanker.
  • HKMEx appoints new president
    New appointee has extensive commodity trading experience.

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