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23 September 2020 The on-line newspaper devoted to the world of transports 01:53 GMT+2

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The Business Timesweb site
APRIL 6, 2010
Shipping News
  • PSA net profit falls for second straight year
    SINGAPORE'S dominant port operator PSA used cost control measures to ride out last year's downturn, in the process slowing the fall in net profit to 6.1 per cent from a 46 per cent drop in 2008.
  • S Korean shipbuilders undervalued: brokerage
    South Korea's equity investors should 'take some profit' on shares of automakers such as Hyundai Motor Co and Kia Motors Corp after a rally and buy 'undervalued' shipbuilders, Mirae Asset Securities Co said.
  • S Korean navy in pursuit of Somali pirates
    A South Korean navy destroyer is pursuing a South Korean-owned oil supertanker believed to have been hijacked by pirates off Somalia's coast, officials said.

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Sched Netweb site
APRIL 6, 2010
  • Grand Alliance to relaunch suspended CCX transpacific service
  • Ningbo port to launch a direct service from Jiaxing to Japan
  • Liaoning ports up 20 per cent despite worst winter ice in 30 years
  • Irish Continental TEU down 25.7pc, but ferries only off 2.7pc
  • Neptune security says specialists needed to fight pirates
  • TransContainer to move 205,000 tons of pipes over next 12 months
  • Changi welcomes heavy-lift outsize carrier Transmile Air
  • Wuxi to start international all-cargo flight services
  • EVA Air reintroduces Vienna cargo service on demand growth

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Exim Indiaweb site
APRIL 6, 2010
  • Large logistics players bullish on tech investments, says Softlink survey
  • GE Shipping converts order for 2 Suezmaxes into 3 VLCCs
  • CKYH Alliance resumes fifth Asia-Europe service
  • Zim offers Far East, Africa, South America EC service
  • Safmarine withdraws from Far East-Europe trades
  • Wan Hai, Simatech & EVERGREEN LINE launch Sri Lanka-East Africa service
  • CSAV adds Xiamen call to Far East-South America service
  • Grand Alliance slow-steams, adds Vietnam call to SCX service
  • MAERSK LINE adds Vietnam to its slow-steaming, 14-big ship Pacific loop
  • MAERSK LINE to issue refunds for on-time cargo, fines for no-shows
  • DP WORLD Callao orders Kalmar equipment
  • Add 24 hours, says Drewry, after linking steaming with delays
  • Hutchison to run Fos 4XL; future twin-hub link to Rotterdam
  • Asia-Europe rates drop by $ 47-$ 60
  • Seaspan charters second 2,544-TEU ship to "K" Line
  • Iran added to high-risk list
  • Shekou CT welcomes 2 new services
  • Deora offers Kuwait stakes in Dahej & Paradip petrochemical projects
  • Kakinada port sets sail with new vision & vigour
  • Port Pipavav to get 'power'ful boost
  • Chennai Port weathers stormy seas to post 6.2 pc growth
  • Vizag Port breaks own throughput record in 2009-10

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Marine Logweb site
APRIL 5, 2010
  • Dutch Navy frees hijacked containership
  • Northrop Grumman gets $17 million LSC mission package award
  • Pirates seize 300,000 dwt tanker

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World Wide Shipperweb site
APRIL 5, 2010
  • Port Tracker report predicts box gains during summer
  • NYK-TDG academy students begin onboard training program
  • ATA backs DOT plan to battle distracted driving
  • Moorage reservations being taken at Port of Seattle's Fishermen's Terminal
  • Nominations being accepted for annual Connie Awards

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Lloyd's Listweb site
APRIL 5, 2010
  • No fix on horizon for Australia's 'frustrating' coal terminals
    Rio Tinto facing record congestion and significan demurrage costs
  • VLCC attack takes piracy further offshore than ever before
    Samho Dream hijacked 900 miles off coast of Somalia
  • Two missing after gas carrier explosion
    Crew rescued from blazing LPG vessel on Yangtze river
  • PSA profits slump for second year
    Revenues fall in line with box sector contraction

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Fairplayweb site
APRIL 5, 2010
  • Pirates attack Samho VLCC
    SAMHO Shipping has confirmed that its VLCC Samho Dream has been hijacked by suspected Somali pirates
  • Teekay trio sold to sibling
    TEEKAY Tankers announced today that it will sell 7M shares to fund three 'drop-down' tanker purchases from parent Teekay Corp
  • US box forecast moderates
    AMERICA'S containerised imports are expected to increase 10% in 1H10, according to the new Port Tracker survey released today
  • Marinakis buys Crude shares
    CRUDE Carriers chairman Evangelos Marinakis continues to buy his own company's shares, securing majority voting control

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The Journal of Commerceweb site
APRIL 5, 2010
  • Diesel Tops $3 for First Time Since 2008
  • BNSF, CN Sell Track to Commuter Lines
  • CMA CGM Negotiating for $1 Billion Qatar Investment
  • Farrell Lines Adds Alliance Beaumont to Fleet
  • Retail Container Traffic Seen Up 8 Percent in April
  • Germany to Support Emirates Rail Development
  • Freight Shipping Reaches 18-Month High
  • DHL Completes Move to Leipzig
  • Tideworks Launches Terminal Operating System
  • FMCSA Readies Release of New Truck Safety Rules
  • GEFCO Expands in Brazil, Morocco
  • Globe Express Merges with Overseas Group
  • Port Nehru Upped Container Throughput in 2009
  • MISC Berhad to Open Agency in India
  • Hanjin Launches New e-Booking System
  • Growing Small
  • Taxes and Reported Freight Charges
  • The Greening of Big Brown
  • Steel Cuts a Swath
  • Highway Safety, Marine Style
  • Revisiting Kirby ' Shippers and NVOs
  • Maersk 'Audits' Its Billing
  • High in the Water
  • Keeping 'Em Moving
  • Trucking Aid Within Haiti
  • Planning Long-Term Relief
  • Transportation Health
  • Screening for Security
  • Cargo Liability's Supreme Challenge
  • Caring for Trucking's 'Orphans'
  • Replenishing Depleted Pensions
  • Filing Customs Entries? Do It Yourself
  • Visibility Into Compliance
  • DOT Aids Freight Rail
  • Ports Take the National Stage
  • A National Intermodal Shift
  • Armageddon Now?

news on subscription
TradeWindsweb site
APRIL 5, 2010
  • TNK preps public offering
    Teekay Tankers plans to issue 7m shares to fund the $168m purchase of a tanker trio owned by Teekay Corp.
  • DHT ups stock incentive anti
    Randee Day-led double hull tanker outfit lays out proposed employee stock benefits plan worth $2.7m.
  • Tromp trumps pirate blitz
    Marines aboard Dutch naval vessel launch swift operation to retake German boxship hijacked Monday.
  • US yard strike stings ACL
    Michael Ryan-led barge giant battles Jeffboat shipyard union over contract dispute as strike shuts US yard.
  • Pirates attack Torm tanker
    Armed gang hit but fail to capture Danish vessel in the Gulf of Aden.
  • Bulker rates set to surge
    Analyst says freight rates may soar as China's power plants hunt coal to satiate hunger for energy.
  • Fire rips through gasship
    Two Filipino crewmen are missing after an exposing on a Daiichi Tanker's ship off China.
  • Marinakis mops up more CRU stock
    Greek magnate takes post IPO spending on Crude Carriers shares past the $2m mark.
  • Great Eastern books VLs at HHI
    Indian shipowner switches twin suezmax order for a trio of VLCCs at Hyundai Heavy Industries.
  • Bulker breakup in the balance
    Ship aground on the Great Barrier Reef could still break up despite the immediate danger of structural failure passing, authorities say.
  • Pipavav readies $170m issue
    Indian shipyard reveals plan for huge 'preferential' equity issue.
  • TTA takes Petrolift stake
    Thailand's Thoresen Thai Agencies takes a near 40% stake in Philippines domestic tanker player.
  • PSA profits decline again
    Singapore terminal operator down for a second year as global economic crisis takes its toll.
  • TCC ties up Conti Harmony
    Scandinavian liner start-up has chartered its fourth ship with start of first service less than two weeks away.
  • MMM stung by $12m writ
    Beleaguered shipowner faces legal battle over unpaid loan which it lacks the funds to repay.
  • ICTSI bond issue raises $250m
    Philippine port operator's fund raising oversubscribed; funds set to go towards expansion and debt repayment.

news on subscription
American Shipperweb site
APRIL 5, 2010
  • Somali pirates bag VLCC
  • Hanjin launches new IT system
  • Ship aground near Great Barrier Reef
  • Senators criticize Borras DHS appointment
  • Paper scrapped for most BIS export licenses
  • Va. governor signs offshore wind energy bills
  • PSA: Road ahead "bumpy and uncertain"
  • N.J. officials use GAO report in dredging fight
  • State oil spill law struck down

news on subscription
The Bunker Bulletinweb site
APRIL 5, 2010
  • Canada ramps up efforts to protect Arctic
    Eight communities will be trained to increase oil spill response efforts.
  • Markets quiet
    Heavy fog in Istanbul causing delays.
  • Big price gains in Fujairah
    Most markets still closed for Easter holidays.
  • Russian yard to launch second bunker tanker
    Bunker vessel has been built for Bergen Tankers.
  • Singapore bunker prices spike
    Buyers across Asia sitting volatility out, while many Japanese suppliers wait for Singapore Tuesday prices to make proper offers.
  • Fuel leaking from bulker off eastern Australia
    State Premier calls for authorities to 'throw the book' at shipping company.
  • Operations Executive pleads guilty to corruption
    Shanker Balasubramaniam sentenced to eight month's imprisonment and fined S$90,000.
  • Anti-fouling convention enters into force in Singapore
    The AFS applies to ships registered with Singapore and vessels calling at the port.

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