 | web site |
| MARCH 5, 2010 |
Shipping News
- AP Moller-Maersk sees return to the black
Danish shipping and oil group AP Moller-Maersk said that it would return to a 'modest' profit for 2010 after weak global trade knocked freight rates and dragged it to a deeper loss than expected for 2009.
- Finnish port strikes hit goods flow
Finnish port workers went on strike yesterday, halting the flow of goods into and out of the country, the Transport Workers' Union said after talks with employers on a new wage deal failed.
|
 | web site |
| MARCH 5, 2010 |
- Maersk hits first annual loss since World War II - US$1.29 billion
- BIMCO asks that all high seas regulation to be UN controlled
- New World Alliance revamps Pacific Southwest Express Service
- CMA CGM to increase rate from US to the world March 15
- DHL Supply Chain to invest US$46 million in Hong Kong
- MSC to receive the 14,000-TEU Savona on charter hire
- US taxes Chinese glossy magazine paper, exporters cry foul
- Hubei's trade value up 47.6pc in January
- Philippines NMC Container Lines makes Batangas first call
- Samudera posts loss of US$8.75 million in 2009
- Western Scheldt dredging to upgrade Antwerp access begins
- Container train operators feel the pinch in India
- Sri Lankan rail profits from box trains after Tamil war
- ABC flies 1,275 pigs in 747 from Montreal to Vladivostok
- Changi Airport Group invests in Rome Airports
- Continental February load factor 77.7pc, increases 5.2pc
|
 | web site |
| MARCH 5, 2010 |
- Jindal Waterways reaffirms commitment to domestic multimodal trade
- US moves WTO against sops to textile exporters
- Rs 4.5 lakh cr. spent to import bullion for 9 years
- EU finds faults in seafood residue testing in India
- Maharashtra to develop 58 ports, jetties & shipyards on PPP basis
- Day Of The Dredger Dawns
- Group to study CEPA feasibility with Canada formed
- Pranab promises dramatic changes in tax administration
- ...calls for relook at export strategy
- DTC will not end sops to SEZs, assures Sharma
- Export promotion schemes drain Exchequer of Rs 44K crore
- Services rendered abroad come under tax axe if used in India
- IT firms may flock to SEZs for tax sops
- FinMin rules out MAT hike rollback
- Meeting on GST today
|
 | web site |
| MARCH 3, 2010 |
- Geodis acquires Bertola in Italy
The French service provider Geodis recently acquired the Italian firm Bertola, and became a leading multi-business-line service provider in Italy. Through this takeover, Geodi...
- Papp Italia is Dachser Food Logistics' new partner
The international service provider Dachser started a partnership with Papp Italia srl in February. The pact covers refrigerated food logistics between Germany and Italy. Founded in...
- Logistics World Alliance banking on Redur
The European contract logistics collaboration Logistics World Alliance (LWA) has won a new partner in the shape of the Spanish logistics service provider Redur. With retroactive ef...
- Bimco publishes Reflections for 2010
Bimco, the world's biggest private shipping organisation, has just published its Reflections for 2010. The compelling need to prevent shipping regulation becoming fragmented, ...
- NYK Group offers aid to victims of Chile earthquake
The Japanese shipping group NYK will be providing donations and free ocean transport for relief supplies in response to the earthquake that occurred in Chile on 27 February. Shipme...
- MOL signs contract for long-term charters
The Japanese shipping company MOL was recently awarded two long-term charters by an ExxonMobil affiliate and its co-venture partners in a Papua New Guinea LNG project. The cha...
- Gefco plumps for the railway to haul Dacia cars
The French service provider Gefco has announced that it will use the railway to convey new Dacia cars from Pitesti (Romania) to Monfalcone (Italy). Rail Cargo Austria and...
- Germany: road and rail fight ideological battle
There has been a slight shift of market shares from rail to road in Germany. This has triggered off discussions about truck traffic. According to provisional figures for 2009 the r...
- New chairman of the Berlin-Brandenburg logistics network
The Berlin-Brandenburg logistics network (LNBB) recently elected a new chairman in the shape of Professor Herbert Sonntag. He is the vice-president of Wildau technical univers...
- VIII International Freight Forwarders' Day in Odessa, 31 May - 1 June
The VIII International Freight Forwarders' Day will take place in Odessa (Ukraine) on 31 May and 1 June. The FFD is the annual international conference and event for professio...
- YRC lays off 200 people in February
The US less-than-truckload service provider YRC Worldwide laid off about 200 workers in February. Reuters has reported that staff were made redundant at YRC's Overland Park headqua...
|
 | web site |
| MARCH 4, 2010 |
- Novakovic to succeed Heebner at GD Marine Systems
- Austal USA to be prime contractor in next LCS bid
- Submarine suppliers hit The Hill
- Terror threat to Malacca Strait tankers
- STX Europe to build new Brazil yard
|
 | web site |
| MARCH 4, 2010 |
- New deal keeps Horizon calling at Port of Tacoma
- Boeing 777 freighters go to Southern Air Holdings
- Crowley expanding with move to new warehouse
- Everett Port Commission changing meeting times
- The New World Alliance changing PSX service
|
 | web site |
| MARCH 4, 2010 |
- Maersk predicts return to profit in 2010
Group cautiously optimistic after reporting $1bn loss for 2009
- Maersk orders extra $1bn of cuts
- Maersk Tankers swings to $255m loss
Operator hit by historically low charter rates and plunging secondhand values
- Teekay raises $160m by selling three
Company sells tankers to Teekay LNG Partners
- Teekay Tankers eyes spot market gains
Company leaves 45% of fleet days exposed to spot market as it reports jump in profit
- STX Europe earmarks $100m for new Brazil yard
STX Norway Offshore to invest over next three years to build new yard at Fortaleza
|
 | web site |
| MARCH 4, 2010 |
- OSG launches share sale
TANKER giant Overseas Shipholding Group will sell 3.5M shares to generate funds that may be used to pay down debt
- APM has $600M ghost fleet
DEMARK'S AP M'ller-Maersk has $600M worth of LNG carriers lying idle as it reels from its $1Bn 2009 losses, the group confirmed to Fairplay today
- Malacca terrorist strike feared
SINGAPORE has sounded an alert that terrorists are feared to be planning an attack on tankers plying the Malacca Strait
- NGO: toxic ship to be scrapped
A GREEN group has told Fairplay that the controversial LNG carrier Margaret Hill will be scrapped after it was sold today
- $1Bn in losses hit APM shares
APM SHARES traded sharply lower at lunchtime today but recovered from the session's low after the group posted huge losses for 2009, the first in its 105-year history
|
 | web site |
| MARCH 4, 2010 |
- New World Alliance Expands Pacific Southwest Service
- LTL Industry Shrinks 24.4 Percent
- Bill Introduced to Kill NAFTA
- Big LTL Carriers Getting Smaller
- YRC Worldwide Market Share Slips
- American Railcar Boosts Profit as Sales Fall
- Factory Orders Climbed in January
- Maersk to Run Biodiesel Test
- Cal Maritime Offers Firearms Training
- Bentley Honored in Maryland
- Volga-Dnepr Launches Logistics Service
- House Amends HIRE Act to Pay for Jobs
- LaHood Promises Comprehensive Transportation Bill
- Construction Machinery Exports Slid 38 Percent
- Finnish Dockworkers Strike
- Container Traffic Stops at Indian Port
- Heavy Lift Operator Smit Stayed Profitable in 2009
- A.P. Moller-Maersk Plunges into Red
|
 | web site |
| MARCH 4, 2010 |
- Soothing troubled waters
- Maersk Line racked by USD2.1 billion loss
- Chile port capacity recovering
- DSV reports mixed results
- New World Alliance adds boxship to transpac service
|
 | web site |
| MARCH 4, 2010 |
- Teekay still in red
Top tanker owner prioritises cost saving, debt reduction and improved profitability.
- Spot security
Bjorn Moller in optimistic mood as he promises shareholders full spot market earnings will feed through to dividends.
- Shuttle pain
Teekay Offshore Partners back in the black but shuttle tanker revenue was lower than expected.
- STX's yard splash
Europe's largest shipbuilder to invest $100m in new Brazilian shipyard alongside partner PJMR.
- Less for Saevik
Havila boss Njal Saevik took a pay cut in 2009 as offshore market deteriorated.
- Box bids
Eight groups in the hunt to develop new INR 6bn terminal at JNPT in India.
- Finnish shut-down
Port workers walk out after talks on new collective labour agreement break down.
- Teekay sells trio
Offshoot Teekay LNG returns to profit and takes suezmax pair and handymax from parent in $160m deal.
- Fresh start
Tragedy-hit Philippines ferry group Sulpicio Lines renamed following Princess of the Stars disaster.
- Eagle shifts
A JP Morgan analyst maintains his rating for Eagle Bulk Shipping but re-evaluates certain estimates as the bulker owner changes charter focus.
- Engineers burned
Two Maersk crew splashed with hot oil after stuffing rag in pipe, the third in series of similar incidents on the owner's ships in two years.
- Greek detention
A Piraeus-based shipping company may face charges in a "magic pipe" case after a bulker was detained by the USCG.
- Off to Rio
Trans Viking anchor handler signed up for a four-month stint off Brazil at a rumoured $30,000 per day.
- Malacca threat
Tankers set to be target of terrorist campaign in Asian strategic waterway, say Singapore authorities.
- Black ink not buys
Nils Andersen says AP Moller-Maersk has placed a 2010 profit ahead of distressed buys on its priority list.
- Statoil stinger
North Sea market rocked by talk Helge Lund-led oil company will not be fixing anchor handlers for rig moves this month.
- TNWA adds one
Capacity-cutting trend reversed as boxship group deploys extra vessel from US to Thailand.
- Finnlines loses
Court agrees with pension fund that Finnish ro-ro owner's dividend pay-out should have been EUR 17m higher in 2008.
- Diamond deal
South African mining ship to go under the auctioneer's hammer in Namibia.
- Master summoned
Investigation into smash and spill in Texas will see Eagle Otome captain and crew testify at USCG hearing.
- Horizon ship stalls
Smoke causes crew to shut down engines on Chuck Raymond-led Horizon ship which heads to US for repairs.
- SIN revamped
Ten years on from Clarksons' original SIN a slicker "wickeder" version is unveiled.
- Osprey lighter
French navy begins removing cargo from grounded Eitzen Chemical tanker on Pacific atoll.
- Smit stagnant
Dutch tug and salvage company sees profits largely unchanged from a year ago as revenue falls.
- Bonds for STXPO
South Korean shipowner set to raise a further KRW200bn from investors with three year bond.
- Chemoil crashes
Singapore-based bunker supplier sees fourth quarter profits down by over 75% year-on-year.
- Brawl on the Wall
DHT's largest shareholder MMI lashes management and board over axed dividends and 'opaque' strategy.
- Bunker boost
Philippines ro-ro owner Aboitiz comes through a year marred by tragedy to post higher profit as fuel bills fall.
- Maersk mauled
AP Moller-Maersk posts worse than expected full-year loss as red ink from its container line passes $2bn.
- Diamond bags trio
US drilling company ties up two semi-submersibles and a drillship to Brazilian oil giant Petrobras.
- Ferry sinks
Passengers and crew leap from burning ship off Philippines, but all rescued by fishing boats.
|
 | web site |
| MARCH 4, 2010 |
- Maersk: $1 billion loss in 2009
- PIL to start own transpacific service
- NWA lines add Laem Chabang to PSX loop
- AA Cargo modernizes JFK terminal
- Laying down markers for transport reform
- FHWA wants to halve project delivery times
- Agility tabs Hickler for Asia-Pacific role
- Congress asked to repeal Cuban trademarks law
- Carriers update on Chilean terminals
- Eight bids for JNPT terminal
- Trieste port mandates low sulfur fuel
|
 | web site |
| MARCH 4, 2010 |
- Maersk posts historic loss
A P Møller-Mærsk reports a full-year loss for the first time since World War II. The loss is due to a combination of a a weak container market
- Port strike costly for Finland
The stevedores of Finnish Transport Workers' Union, AKT, went on strike on March 4, 2010, halting most of the cargo handling in Finnish ports. Even if the ferry traffic and
- Heavy fines for those that do not comply with sulphur limit
Vessels that call at the port of Trieste and have fuel with too high sulphur content, risk fines of up to EUR 150,000. The port's new regulations came into force
- Danish icebreaker service a step closer to termination
The Danish governmental icebreaker service has come another step closer to termination. According to the Association of Danish Ports, the country's ports do not need the DKK 30 million annual
|
 | web site |
| MARCH 4, 2010 |
- Owner and master fined for 'voluntary pollution'
Correctional court of Brest imposes $1.4 million.
- IFO bunker prices weaker in Rotterdam
Prices in southern Europe on the rise.
- Hearing on biggest Texas spill in 15 years
Testimonies will lead to recommendations to improve vessel safety.
- Fujairah bunker market stable
Durban prices firming.
- Maersk Line posts losses of $1.9 billion
Reduced fuel consumption helps cut operating costs.
- Bunker tanker seized by pirates
International Bunkering says vessel was on its way to join delivery fleet in Jeddah.
- Fuel oil futures contract sees 'moderate volumes'
SGX reports volumes of between of 1,000 and 4,800 mt a day.
- IFO prices firm, distillates weaken
Demand 'weak' in Singapore.
- Singapore residual fuel stocks at 13-week high
Middle distillate stocks fall in the week ended March 3.
- Andatee profits surge in 2009
Domestic Chinese bunker supplier posts net income of $6.4 million last year.
- Bunkering in Taiwan 'unrattled' by earthquake
Erthquake struck inland; ports not affected.
- Seychelles supplier starts offshore bunker deliveries
New double-hull 'green' coastal tanker offers bunker services offshore the island-state.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
