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02 April 2020 The on-line newspaper devoted to the world of transports 23:52 GMT+2

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The Business Timesweb site
MARCH 31, 2009
Shipping News
  • Gulf tanker rates may be bottoming out
    The cost of delivering Middle East crude oil to Asia, down a quarter this month, may resist further declines as some vessel owners refuse to ship consignments at unprofitable rates.
  • EU's Baltic Sea regional plan targets pollution
    Countries around the Baltic Sea could one day be linked by huge power cables, guarded by integrated border police, with coordinated fishing fleets overseen by a Baltic Coastguard, a draft document shows.
  • M'sia gets 992m yen grant for security
    Japan has extended a grant aid of 992 million yen (S$15.5 million) to Malaysia for maritime security enhancement in the Straits of Malacca and other Malaysian territorial waters.
  • Baltic Dry Index seen plunging 40% by mid-2009
  • Good growth at services units: VT

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Sched Netweb site
MARCH 31, 2009
  • China Shipping to increase freight rates 100pc April 9
  • Hamburg Sud cuts capacity from May in service restructuring
  • NYK cuts profit projections from US$744 million to $143 million
  • Hebei province January trade value down 20pc
  • Suez-Panama fee skipping Cape-run services to soon number eight
  • Guangdong trade value down 25.8pc in first two months
  • Deutsche Bahn wins contract for rail project in Mongolia
  • PSA posts 46pc slide in 2008 profit, after Jekyll & Hyde year
  • Shipping Corporation of India considers dropping European service
  • Maersk to increase North America-Med rates May 1
  • Marseilles-Fos cargo volumes drop on all fronts in Jan-Feb
  • Amsterdam unveils five-year port environment plan
  • ATA sees environmentalism used to ban independent truckers
  • TT Club insurers experience satisfactory, but tough 2008
  • Jacksonville to lose CMA CGM, but gains New World Alliance carriers
  • Shenzhen Airlines launches Guangzhou-Qingdao line
  • Air China to launch Beijing-Chengdu-Karachi service
  • FIATA and IATA use downturn as opportunity for re-training
  • China Southern to offer Yinchuan on summer schedule
  • Lufthansa to provide service from Dusseldorf to St Petersburg
  • Sochi 2014 Winter Olympics gets ready with Volga Dnepr

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Exim Indiaweb site
MARCH 31, 2009
  • Ship financing set to change maritime landscape
  • Grand Alliance's Asia to Europe routes to bypass Suez for Cape of Good Hope
  • Grand Alliance & Zim announce cooperation on South China-US East Coast service
  • CMA CGM to rationalise services between Asia-USEC
  • Melford International Terminal pushes for new box terminal in Halifax
  • Fortnightly Black Pearl service calls at Boston
  • YICT introduces a new MSC European service
  • COSCO becomes world's 5th-largest terminal operator
  • A.P. Moller-Maersk aims to cut costs by additional $ 1 bn
  • COSCO's concession on Piraeus terminals approved
  • Evergreen & Wan Hai swap slots on intra-Asia routes
  • NYK Line & "K" Line to join TSA on rate hike
  • CKYH rationalises Far East-USEC services
  • Doug Marchand named to 16th International Maritime Hall of Fame
  • Spices exports buck meltdown to cross $ 1 bn during April-February 2008-09
  • Ban on export of pulses extended by a year
  • Port Pipavav appoints liner shipping specialist to work closely with container lines in India
  • Krishnapatnam Port setting national benchmarks in very first year of operations
  • Pre-shipment inspection certification made compulsory for metal scrap imports
  • Dhamra port mulls inking cargo pact with prospective users
  • Blue Dart improves transit time to ensure 24-hr delivery from Amritsar
  • DHL launches direct LCL service from Ludhiana to Nhava Sheva
  • Emirates SkyCargo soars to top spot in excellence
  • Wheat Procurement Drops
  • Consensus reached on GST

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Maritime Global Netweb site
MARCH 30, 2009
  • Longchamp released
  • Hamburg Süd restructures Trident Service
  • Scrubber group formed
  • Maersk in Baoshan link

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Marine Logweb site
MARCH 30, 2009
  • DryShips auditors note "going concern" reaervation
  • Hawaii ship repairer could face EPA sanctions

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World Wide Shipperweb site
MARCH 30, 2009
  • Port of Vancouver, USA eyes land deal with city
  • Repairs to Washington ferry shake up San Juan Islands route
  • CSX intermodal takes home Evergreen top carrier award
  • Corps plans closure of John Day navigation lock
  • Two new tankers join TOP Ships fleet

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Lloyd's Listweb site
MARCH 30, 2009
  • Germany stops short of shipyards rescue
    GOVERNMENT will support sector but will not become shareholders in shipyards, says country's maritime coordinator Dagmar Wöhrl.
  • German yards expect Asian price war
  • UK port traffic under threat from higher light dues
    SHIPOWNERS threaten to cut the number of direct calls at UK ports unless plans to increase light dues are withdrawn.
  • DP World axes 60 jobs at Southampton
    OVER 60 jobs are to be axed at the Southampton container terminal jointly owned by DP World and Associated British Ports.

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Fairplayweb site
MARCH 30, 2009
  • EPA seeks US emission controls
    JUST hours after a leading environmental panel urged stricter air pollution rules for ships, the US Environmental Protection Agency asked the IMO to ring the country with a buffer zone
  • Bilbao shipyard figure bombed
    BASQUE police confirmed today that a bomb exploded last week outside the house of Juan Manuel Arana, chairman of Astilleros Murueta, a ship construction yard near Bilbao
  • Mexico hopes to reopen ports
    MEXICAN officials hope to reopen three key oil-exporting ports today after weather shut them down over the weekend

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The Journal of Commerceweb site
MARCH 30, 2009
  • EPA Plans Clean-Air Zones
  • Diesel Jumps 13.1 Cents to $2.221
  • Transite Aggregates 3PL Freight Rates
  • Maersk to Raise Rates from North America
  • Court to Hear Clean-truck Arguments April 27
  • Cummins Consolidates Turbocharger Manufacturing
  • Con-way Freight Speeds Service for Idaho Farms
  • Lung Association Endorses Clean Air Zone
  • China to Raise Export Tax Rebates
  • Alitalia Mulls Return to Cargo
  • Crowley to Open Gulf Warehouse, DC
  • CenterPoint Offers to Run Va. Terminals
  • TSA Warns Truckers Of Violence In Mexico
  • Evergreen Forms South African Agency
  • Truckload Rates Seen Falling 4 Percent
  • Mexican Truck Legislation Due in April
  • Deutsche Bahn Boosts Earnings
  • APL Volume, Revenue Drop
  • NYK Eyes Car Terminals in India, China
  • ANA Drops Freighter Contract

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Containerisation Internationalweb site
MARCH 30, 2009
  • DB's Mehdorn loses crown over 'Bahngate'
  • APL's volumes crash
  • Stocks decline ahead of London G20
  • Sea-Axis claims ocean carriers overacting
  • Evergreen sets out its South African stall

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TradeWindsweb site
MARCH 30, 2009
  • Hercules selling
    Houston offshore player is looking to offload cold-stacked drilling units, broker says.
  • Clipper sells up
    Clipper Group ends joint ownership of ISP as appetite for shipmanagement ventures wanes.
  • DryShips sued
    Board of directors taken to court in Marshall Islands over cancellation of 13 bulkers bought from George Economou's private interests.
  • Shares slump
    Bulker owners lead shipping shares downward as sector participates in Wall Street slide.
  • Bulk terminal shut
    Conflict between operators and stevedores freezes operations at Argentine dry-bulk terminal.
  • Yard boss attack
    Basque separatists blamed after bomb explodes outside home of Astilleros de Murueta president Juan Manuel Arana.
  • Pirates attacked
    Greek ship one of several naval vessels to secure arrest of seven suspected pirates after attack on German unit.
  • Gas change
    BW Group chief Andreas Sohmen-Pao will be new BW Gas CEO from 1 July as Jan Hakon Pettersen joins board.
  • Yard fight erupts
    Jon Erik Reinhardsen's Petroleum Geo-Services faces legal battle over cancellation of newbuilding at Factorias Vulcano.
  • Jinhui sells two
    Year-old supramaxes head to one owner for $30m each, slightly below book value.
  • Yule get nothing
    Maersk continues severe cost-cutting programme by scrapping Christmas presents for staff.
  • DRYS defensive
    George Economou says DryShips still has the confidence of its lenders after auditors raise "substantial doubts" about its ability to continue as a going concern.
  • Exhaust mission
    New shipping association ready to promote exhaust emissions abatement technology.
  • Coscol cruises
    Chinese heavy-lift and ro-ro company took advantage of domestic boom before downturn struck.
  • Turks win quartet
    Besiktas yard signs deal for LPG vessels originally being built for Vafias group with Italy's Gas and Heat.
  • Seadrill hunts pair
    John Fredriksen-backed rig owner freeing up $267m as it moves in on troubled PetroMena newbuildings.
  • Fuel factor
    Greek ferry owner clobbered by bigger bunker bills in 2008, but expects profit this year if prices stay lower.
  • IHI eyes less loss
    Japanese shipbuilder which was staring at $260m annual loss now cuts deficit in half.
  • Bank boost
    Germany's KfW IPEX enjoys good result in its first stand-alone year, but 2009 remains a challenge.
  • Tanker re-floated
    Norwegian chemical unit which grounded early on Sunday and listed heavily now stabilised.
  • Three for Keppel
    Singapore shipyard group picks up a trio of offshore projects collectively worth about $200m.
  • Below zero?
    Russian boxship owner Fesco to post $1m loss or just about break even in 2008 as it revalues fleet.
  • Royce reprieve
    Host of banks grant $300m waiver to Joseph Royce-led bulker and tweendecker owner TBS International.
  • Seized crew 'OK'
    Norwegian master of tanker Bow Asir, hijacked off Somalia last week, contacts owner.
  • Tug sinks ' again
    101-year-old vessel goes down for second time in its long life at Duluth, Minnesota.
  • Veteran saved?
    1950-built former Norwegian ferry partially sinks in Finnish port, but refloated after water pumped out.
  • Short trip
    CalMac ferry returns to Oban, Scotland, after hitting reef 500 yards from berth.
  • Atom smasher
    Details emerge of collision between Russian nuclear-powered icebreaker and tanker in Kara Sea.
  • Steel deal
    Maersk reportedly signs agreement with China's Baosteel for metal deliveries over three years.
  • PSA profit plunges
    Collapse in demand on major trade lanes takes its toll on Singapore port operator.
  • Japan bound
    The first Russian LNG cargo for Japan has been successfully loaded at the Sakhalin II LNG plant.
  • Aurora row
    P&O passengers threaten legal action over missed stops on "prison ship" that suffered engine trouble.

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American Shipperweb site
MARCH 30, 2009
  • Hamburg Süd reworks Trident service
  • MOL adds day-definite Asia/U.S. intermodal link
  • APL continues volumes, rate slump
  • Qantas lets go of 90 senior managers
  • Old Dominion upgrades Indiana terminal
  • DHS looks for ways to cut costs
  • Choice Logistics wins contract from Qlogic
  • Alliance leases heavyweight cargo facility
  • Va. port seeks competing bids for terminals

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The Scandinavian Shipping Gazetteweb site
MARCH 30, 2009
  • BW Gas to leave the Oslo exchange
    The Sohmen family now controls 94.7 per cent of the share capital and the votes in BW Gas through its World Nordic. After a rights offering to minority shareholders
  • V. Ships attacks IACS Chairman
    The Monaco-based shipmanager V. Ships, responsible for the management of Hebei Spirit at the time for the accident, rejects the remarks from the IACS Chairman and Korean Register Chairman
  • Shipowners want to extend Absalon mandate
    The Danish Shipowners' Association has started a lobby campaign among Danish politicians to extend the mandate period for the Danish frigate Absalon patrolling in the Gulf of Aden. The Shipowners
  • Small decline for Port of Frederikshavn
    Port of Frederikshavn reports a small profit decline after the loss of Color Line as customer. In 2008 Color Line closed the service from Frederikshavn to Oslo and moved its
  • South Korean yard sues Stolt Tankers
    Stolt Tankers, a subsidiary of Stolt-Nielsen, announced that SLS Shipbuilding Co. Ltd. in South Korea has taken Stolt Tankers to arbitration to challenge the cancellation of a contract for
  • Contact established with Bow Asir crew
    Norwegian Salhus Shipping, the owner of the hijacked Bahamian registered vessel Bow Asir, has talked to the captain of the vessel who confirms that the crew are unharmed. The chemical

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The Bunker Bulletinweb site
MARCH 30, 2009
  • US submits ECA application
    Ships operating off US, Canada coastline could face stricter sulphur fuel limits.
  • Europe: Price fall delayed in the South as North drops
    Double-digit reduction in bunker prices across most of Northern Europe.
  • Bunker spill response assessed by consultants
    5,000 mt of contaminated sand may need to be treated following bunker spill off eastern Australia.
  • Container line sees revenues per FEU fall still further
    NOL recovering less of its bunker costs.
  • Asia: Bunkers plunge on lower oil prices
    Buyers take advantage of lower prices Monday, players say.
  • New body will champion 'scrubbers'
    Manufacturers must 'prove' their systems are an alternative to low-sulphur bunkers.
  • $40 'floor' established
    Venezuelan Oil Minister says OPEC still 20% short of agreed cuts.
  • OPEC 'falls back' on compliance
    Iran, Angola and Venezuela blamed for pumping over their targets.
  • Bunker supplies tight in East Asian port
    Avails in Tokyo Bay to remain tight throughout April, traders say.
  • Chevron says bunker fraud accused left company
    Man charged in court is 'no longer an employee of Chevron.'

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