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26 April 2018 The on-line newspaper devoted to the world of transports 00:09 GMT+2

free news
The Business Timesweb site
OCTOBER 30, 2009
Shipping News
  • Local firms top Lloyd's List Asia awards
    Singapore companies were once again at the top of the winners list at the 11th Lloyd's List Asia Awards last night, with both port operators, the top local line, and one of the top two shipyards picking up awards.

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Sched Netweb site
OCTOBER 30, 2009
  • China Shipping's quarterly loss 683pc worst than last year's
  • Maersk sails to Gdansk on Asia-Europe service from December 1
  • Cosco CEO calls on US to end protectionist tariff barriers
  • OOCL to raise transatlantic freight rates
  • Maersk suspends transatlantic string, raises rates in 2010
  • CMA CGM hikes northbound Atlantic rate US$200/TEU November 1
  • Qingdao and Ningbo named Sino-Russian customs data ports
  • TransContainer, CRCT set up China-Russia/Europe rail JV
  • Chinese authorities, owners hold ransom talks with pirates
  • GAC Shipping's agency network widens to Bangladesh
  • Australia's Toll Group acquires NZ's Express Logistics Group
  • Australia to sue Thai Airways for alleged price fixing
  • Manila's Zest Airways names Hong Kong AAT as ground handler
  • Shenzhen Airlines to increase Shenzhen-Seoul service
  • China Southern launches Beijing-Jeju flight

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International Transport Journalweb site
OCTOBER 28, 2009
  • SDV's aerospace teams handle ambitious project
    The aerospace teams of SDV, a brand of the French service provider Bolloré Logistics, handled the transportation of an autoclave (a strong, pressurized, steam-heated chamber) that ...
  • Formula One Management and Yas Marina Circuit appoints Agility
    Agility, a global provider of integrated logistics solutions, has been contracted by Formula One Management (FOM) UK and Yas Marina Circuit (Yas Marina) as official service provide...
  • Kuehne + Nagel manages Nestlé Chile's national distribution centres
    Nestlé Chile has selected Schindellegi (Switzerland)-based logistics service provider Kuehne + Nagel as the exclusive contract logistics service provider to manage its national dis...
  • Maersk Line launches new dedicated feeder service in the Gulf
    The Danish shipping company Maersk Line is launching a new dedicated feeder service between Jebel Ali (UAE) and Umm Qasr (South Port terminal) in Iraq. The sailing will link I...
  • Amm buys back shares held by DSV
    The German forwarder Amm Spedition, a partner of CargoLine, is buying back its shares that are held by DSV. On 30 October, the Amm family will acquire the minor...

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Marine Logweb site
OCTOBER 29, 2009
  • American Salvage Association names committee leaders
  • Kirby keeps up tank barge building program

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World Wide Shipperweb site
OCTOBER 29, 2009
  • Port of Bremerton eyes lease with General Dynamics Electric Boat
  • Hanjin shareholders Ok transformation of company
  • Port of Seattle phone numbers now start with same 787 prefix
  • Boeing selects Charleston as Dreamliner assembly site
  • Navios Holdings sells vessel to Navios Maritime Partners

news on subscription
Lloyd's Listweb site
OCTOBER 29, 2009
  • Hapag-Lloyd staff to take pay cut
    COMPANY announces across the board pay cut of at least 5% for all staff including seafarers.

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Fairplayweb site
OCTOBER 29, 2009
  • Bunkerers slash trade credit
    BUNKER SUPPLIERS are cutting back, or are cutting off, trade credit to the shipping industry
  • Canadians win CP settlement
    THE half-decade-long Canadian class action against CP Ships on securities fraud has finally been settled, according to law firm Siskinds LLP
  • Scottish subsidies approved
    SCOTLAND has won EC approval of subsidies paid to government-owned ferry operator Caledonian MacBrayne
  • Cape Verde improves Praia
    CAPE VERDE'S port of Praia is to be "profoundly changed", the government's infrastructure minister promised today

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The Journal of Commerceweb site
OCTOBER 29, 2009
  • STB Chief Taps Shipper-Backed Aide
  • Rail Traffic Edges Up
  • NAFTA Trade Slides 24.9 Percent
  • OOCL Names New U.S. President
  • Air Cargo Shows Smallest Decline of 2009
  • KCS Profit Drops 47 Percent
  • Short Line Traffic Grows
  • CMA CGM Creditors Seek CEO Ouster
  • ACL Loses $12.2 Million
  • Kirby Profit Falls 16 Percent
  • Matson 3Q Operating Profit Drops 23 Percent
  • Railcar Maker Trinity's Sales Dive, Profits Return
  • NOL Posts $139 Million 3Q Loss
  • Recession Recedes as U.S. Economy Expands
  • Transport Corp of India Profit Surges 95 Percent
  • Lufthansa Cargo Losses Reach $300 Million
  • Newark Terminal Open Election Day
  • NYK Hikes Trans-Atlantic Rates

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Containerisation Internationalweb site
OCTOBER 29, 2009
  • Maersk announces another first
  • NYK appoints GAC in Nigeria
  • COSCO Pacific's Q3 port volumes on the up compared to earlier
  • TUI board shake-up
  • Stocks under pressure

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TradeWindsweb site
OCTOBER 29, 2009
  • 'Bottomed out'
    Peter Georgiopoulos says vessel values have dropped to a point when it's time to "start looking at things."
  • Unafraid!
    Sovcomflot fraudster Yuri Privalov denies he is in fear of a long jail sentence and poverty.
  • Saade astonished
    CMA CGM founder and chairman Jacques Saade taken aback by reports that
  • Tidewater rises
    Offshore vessel giant sees quarterly profits increase thanks to tax gains, but misses Wall Street expectations.
  • On the way out?
    Jacques Saade is under pressure from banks to quit as chief exec of CMA CGM before debt restructuring is approved, report claims.
  • Chandlers call
    British couple seized on yacht by Somali pirates now onboard hijacked Singaporean boxship.
  • CP case settled
    $12m settlement reached in securities lawsuit against containership operator taken over by Germany's Hapag Lloyd.
  • Pride profits slip
    Rig and drillship owner Pride International sees figures take a battering from shipyard time, but deepwater inquiries are increasing, Louis Raspino says.
  • Crew freed
    German owner of ship arrested in Ireland over huge cigarette haul pleads innocence as two crew released.
  • Sinking deeper
    Wei Jiafu's China Cosco takes nine month loss to $777m after spending another quarter in reverse.
  • 'Others worse off'
    D'Amico boss Marco Fiori defends quarterly loss saying peers could return even more red ink.
  • Secret deals
    Yuri Privalov tells the High Court how he and Richard Gale got together to pay huge unjustified commissions at Sovcomflot's expense.
  • Officer hurt
    Compressor explosion injures crew member on Naviera Magallanes ferry in southern Chile.
  • D'Amico in red
    Italian products tanker owner sinks to third-quarter loss as spot market continues to hurt.
  • Comeback stalls
    Fernandez Tapias' shipowning return slows after he axes newbuilding order.
  • Flat 2010
    As it beats third-quarter estimates, Oceaneering International projects steady deepwater construction next year but rising drilling.
  • Loss past $0.5bn
    Ron Widdows-led NOL warns of three more quarters in the red as year to date loss reaches $530m.
  • Barge owner red
    American Commercial Lines falls to a $12.2m quarterly loss as revenues slump by 31%.
  • Diverse Delphis
    Alexander Saverys-owned firm takes ownership of Oslo terminal from Finnlines.
  • Samudera strained
    Singapore-listed owner tips further losses this year after slumping into the red during the third quarter.
  • Joy short lived
    Pac Basin bullish about fourth quarter dry-bulk market as newbuilding deliveries remain slow but next year will be a different story.
  • Gulf Nav battered
    Tanker owner to take a look at its newbuilding plans as nine-month profit falls off a cliff.
  • Saga swoops
    British cruise operator striking deal for Royal Caribbean vessel, according to the industry grapevine.
  • Lynn Rival found
    No sign of captured British couple as hijacked yacht found empty and drifting off Somali coast.
  • Not over the Hill
    'Toxic' LNG ship Margaret Hill freed in UK and avoids breaker's torch to begin new career.
  • HHI a hit
    World's largest shipbuilder sees bottom line smash market forecasts in the third quarter.
  • Century sought
    JSW Group is looking to charter another 30 bulkers to take its fleet past the 100 mark.
  • Arctic Sea 'clean'
    Malta says there are no radioactive or dangerous items on controversial hijacked ship.
  • Another hijacking
    Thai fishing vessel latest to be hijacked as Somali pirates move 650 miles out into Indian Ocean.
  • Varun down
    Indian offshore owner's second-quarter profit still weak but an improvement on opening period.
  • Birla eyes port
    Indian metals and mining group set for $375m spend on new sea port on east coast.
  • Kirby to order
    Joe Pyne-led Texan owner to order 55 tank barges next year but otherwise cutting costs as profit falls.
  • Big John bonding
    Seadrill seals $140m bond issue with funds diverted towards general corporate purposes.
  • Navios profits up
    Angeliki Frangou-led bulker outfit bucks sectors losing trend to post 21% increase in profits.
  • Tallink offloads
    Estonian ferry operator sells catamaran ferry to Venezuelan company as it looks to cut costs.
  • Genco weaker
    US-listed bulker player sees profits slip 45% from a year ago on weaker freight rate environment.
  • Back in the black
    Kristian Siem-led offshore vessel operator returns to profit, but short term outlook a concern.

news on subscription
American Shipperweb site
OCTOBER 29, 2009
  • APL predicts losses through mid-2010
  • NYK to raise transatlantic rates
  • Maersk adds Gdansk to major Asia/Europe service
  • DOT to reconsider hours of service rule
  • Weber makes senior appointments
  • Ramsdell heads CEE board
  • U.S. Sorghum en route to Morocco
  • DGX buys C&H Freight operations

news on subscription
The Scandinavian Shipping Gazetteweb site
OCTOBER 29, 2009
  • Better for Port of Göteborg
    The goods flows in the Port of Göteborg have stabilised compared with Q1 and Q2 this year, according to the port's interim report for the third quarter. "In our view
  • Estonian ferry redelivered and laid up at Nakskov
    Saaremaa Laevakompanii's ferry Viire has been redelivered to its Danish owner K/S Korsør ApS and is currently laid up in Nakskov and has been put up for sale via
  • First Broström tanker in Maersk colours
    Broström Tankers has changed name and livery on the first of their fleet of large tankers in order to brand the fleet. The first one to change its name was

news on subscription
The Bunker Bulletinweb site
OCTOBER 29, 2009
  • Prices fall in European bunker hubs
    NYMEX shows gains of more than $2 in early trading.
  • Sri Lankan operator sees profits fall
    John Keells' results down year-on-year.
  • Prices weaken in Fujairah
  • Bunker terminal plans pushed back
    New terminal at Port Said now set to open in 2011.
  • 'Defaults' generating more business for law firm
    Belgian lawyer says ship arrest for maritime claims 'nearly always possible'.
  • Bunker sales in Brazilian ports remain strong
    Petrobras says prospects for growth are good.
  • Mixed buyer reactions to lower prices
    Hong Kong 380 cSt prices back at near week-ago levels after hitting a one-year high on Monday.
  • New manager for O.W. Bunker's Shanghai branch
    Company aims to continue its growth in the region.
  • Singapore residual fuel stocks dip
    Onshore stocks of middle distillates at 14-week low.
  • Shell Q3 net profit sinks
    Outlook remains 'very uncertain'.
  • Grounded vessel refloated in Puerto Rico
    No signs of fuel oil leak.
  • Yujin to 'protect' bunker tanker business
    Company issues earnings warning.
  • Neftech targets '200 installations in two years'
    Company eyes global sales of its fuel and emission-saving emulsification technology.

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