 | web site |
| AUGUST 6, 2010 |
Shipping News
- Low rents speed up scrapping of single-hull tankers
Scrapping of older supertankers with single hulls will speed up as a collapse in rents leaves the vessels unable to find employment, Fearnley Consultants said.
|
 | web site |
| AUGUST 6, 2010 |
- AADA levies peak season surcharge from Korea/China
- Six USADA lines increase rates September
- Xiamen port half-year box volume up 28pc
- Port of Guangzhou growth expected to slow in later half of year
- Shandong port throughput up 19.3pc in the first half
- Penang Port needs extra land to ease container backlog
- SCI of India to charter three box ships until new ones arrive
- SingPost aims to expand in north Asia and India
- US shippers applaud passage of liberalising tariff bill
- Cathay to buy 30 Airbus A350-900 aircraft
- Macau's air cargo hikes remarkable yet container throughput drops slightly
- LAX starts screening 100pc of cargo on passenger jets
|
 | web site |
| AUGUST 6, 2010 |
- Allcargo expanding Mundra CFS
- Biofuels seen posing problems in shipping, handling & storage
- IMU obtains 100 acres for Vizag campus
- With MTO & IATA status, MRC Logistics (India) opens office in city
- MPSEZL stands way above the rest in Q1
- MoS modifies Port officers' July 26 pay revision order
- 14 pc rise in highway toll collection
- Truck sales roll on to fast track
- AI Express to fly domestic routes soon
- SIMA seeks exemption from power rate hike
- No move for duty on wheat imports
- Facing defaults, ore exporters may resort to force majeure clause
- Sharma to lead Ficci team to Germany in Oct.
- Summit to zero in on Africa's farm sector
|
 | web site |
| AUGUST 4, 2010 |
- Gulftainer welcomes largest vessel ever to enter Khorfakkan Container Terminal
Gulftainer recently welcomed the "CMA CGM Christophe Colomb" at its facility in Khorfakkan (UAE). With a capacity of 13,800 teu and an overall length of 365 m, it is the ...
- Biofuels present problems for marine transport handling and storage
The production and use of biofuels for transport purposes has increased dramatically in recent years and is set to continue, reducing carbon dioxide emissions and meeting growing c...
- Samskip introduces a new fixed day, weekly service between Rotterdam/Hamburg and Norway's West Coast
Samskip Multimodal Container Logistics will introduce a new weekly service linking the Netherlands with Norway's West Coast. With this new service, the company offers direct calls ...
- Freightliner Group appoints new corporate development director
Freightliner Group Ltd, the second largest railfreight operator in the UK, has appointed Dom McKenna to the position of corporate development director. As part of Freightliner's Gr...
- Panalpina posts Q2/2010 loss
Panalpina, a global logistics corporation based in Basel (Switzerland), wrote red figures in Q2/2010. The quarterly loss amounted to minus CHF 92.6 million, compared to a profit of...
- Deutsche Post DHL registers strong Q2
The German service provider Deutsche Post DHL has reported a significant increase in revenue and profit in Q2/2010, driven by a very strong performance in its logistics sector. Q2 ...
- Geodis Wilson expands in Atlanta
The French service provider Geodis Wilson recently expanded its Atlanta GA (USA) operations, by moving to a new, larger, state-of-the-art facility. Geodis Wilson's new premises cov...
|
 | web site |
| AUGUST 5, 2010 |
- Somali pirates hijack another ship in "safe" corridor
- NOL swings back into profit
- $11.45 million Bouchard class action settlement gets preliminary approval
- Vietnam jails former Vinashin chief
|
 | web site |
| AUGUST 5, 2010 |
- Inaugural sailing of new WSF ferry pushed back due to vibration concerns
- Horizon adds agent, representative for new Five Star Express Service
- Crowley's logistics business earns spot in Top 100
- Annual Towboat Invitational raises money for local charities
- Genco Shipping & Trading receives new Supramax ship
|
 | web site |
| AUGUST 5, 2010 |
- Pirates hijack Syria Star inside protected corridor
Second ship in four days is taken from within the Gulf of Aden internationally recommended transit corridor
- Pirates seize Egyptian vessel in record time
- Somali pirates use swarming tactics
- Nato stresses need for anti-piracy measures
- CSAV is first line off container swaps starting block
Breakthrough development seen as key to growing liquidity for the market for...
- Container freight derivatives trading gathers...
- CMA CGM talks with Albert Frere reported to have collapsed
Negotiations between line and Belgian billionaire collapse, according to French...
- Qatar still favourite to bail out CMA CGM
- Onset of Ramadan to reduce Middle East aframax cargoes
Market for crude and fuel oil loads to go quiet
- Refineries boost product tankers
|
 | web site |
| AUGUST 5, 2010 |
- Troubled Top narrows losses
TOP SHIPS posted another loss today and disclosed that it has yet to pay back a bridge loan that was due on 30 July
- Bankruptcy looms for Trico
OFFSHORE towing and supply operator Trico Marine Services warned today that it could seek bankruptcy protection as part of its debt restructuring
- Israel releases Gaza ship
ISRAEL today reportedly released the Turkish aid ship on which Israeli commandos killed nine activists trying to break the Gaza blockade in May
|
 | web site |
| AUGUST 5, 2010 |
- Long Beach Terminal Operator Moves to LA
- Charleston Containers Rise 34 Percent in June
- Report Says Ocean Imports May Have Peaked
- Senate Guts FAA Bill
- NOAA Projects Active Atlantic Hurricane Season
- US Rail Traffic Hits New 2010 Peak
- Ex-Im Bank Guarantees $250 Million Loan for Ford
- Horizon Beefs Up China Marketing
- EPA Pushes Changes to Idling, Fuel on State Agency
- Seaspan Incurs Net Loss Despite Rising Demand
- NTSB Eyes Anti-Rollover Technology for Trucks
- USPS Delivers $3.5 Billion Loss, Cash Crunch Looms
- Pacer Swings to $1.4 Million Profit
- Canadian Truck Shipping Costs Rising
- FreightCar Narrows Loss to $1.3 Million
- Hanjin Shipping Returns to Profit
- Orient Overseas Swings to Profit
- Frozen Food Express Narrows Loss
- Con-way Profit Slides 56 Percent on Weak LTL Returns
- Kintetsu World Express Net Profit Quadruples
|
 | web site |
| AUGUST 5, 2010 |
- Lessors in good shape
- Maruba on the ropes?
- OOIL posts strong H1 on back of 'rapid growth in demand'
- Hanjin bounces back into black for Q2
- ICTSI's interims at record level
|
 | web site |
| AUGUST 5, 2010 |
- Omega lands Kassiotis lifeline
Founder and CEO of troubled tanker owner coughs up $5.3m to settle scrape with lenders.
- Trico tanks as Chapter 11 looms
Shares in Nasdaq-listed offshore owner plunge 32% as Wall Street retreats amid bankruptcy bind.
- NATS abandons Olsen deal
Fred Olsen arm prepares for combat as Herbjorn Hansson-led Nordic American rejects suezmax resale.
- Navibulgar makes big bulker move
Privatised Bulgarian owner snaps up four new handysizes for $115m ' and six more deals planned.
- FreeSeas on fringe of renewal frenzy
Greek bulker owner may continue quest for fresh tonnage as second quarter profits soar 72%.
- Seaspan falls short of Street
Containership owner misses forecasts in the second quarter as financial items hammer its bottom line.
- TEN hit by economic tsunami
Second quarter profits plunge 54% but top brass at Tsakos Energy Navigation says the financial firestorm has passed.
- Top Ships cuts Q2 loss
Nasdaq-listed owner reduces its second quarter red ink and nears a loan resolution with DVB Bank.
- Tidewater profit takes a dip
New York-listed offshore owner's bottom line falls following a weaker showing from its towing and supply fleet.
- Diana wary of bulker orderbook
CEO Simeon Palios says the world economy is rock solid but the supply side threatens a different story.
- Odfjell calls for Aden boycott
Norwegian owner slams release of Bow Saga pirates and renews threat to divert ships around Cape.
- Tsakos bulker 'attacked'
Pirates get within half a mile of Greek owner's London 2012 in southern Red Sea incident.
- Ex-Vinashin boss arrested
Former chairman Pham Thanh Binh detained by Vietnamese authorities as part of probe into shipyard group's near bankruptcy.
- Ship sale boosts Varun
Gas carrier deal sends Indian owner's first quarter profit soaring by more than 1000%.
- Essar soars after asset sale
Indian tanker and ports player boosted by big investments disposal gain in first quarter.
- Mundra makes much more
Indian port targets top spot in India with $1.3bn investment as first quarter profit grows.
- Flush OOIL in buying mood
Boxship owner plots "significant expansion" after property sales help swell its cash position.
- 'Only 24 hours to prosecute'
EU NAVFOR points to Spanish law and Kenyan holiday as reasons behind release of Bow Saga pirates.
- NOCC ro-ro retreat rolls on
Lars Solbakken-led Norwegian Car Carriers books small loss on sale of ageing vessel.
- Frontline in spot withdrawal
John Fredriksen-led owner has "stopped spot trading" due to crashing rates, says CEO Jens Martin Jensen.
- Disposal boosts OOIL
Hong Kong Liner operator books $1.3bn half year profit on gains from sale of China property arm.
- No way out at Bruarvik
Power failure on Norwegian ferry leaves passengers stuck on board for more than three hours.
- Swire earnings slashed in first half
Hong Kong group hit by over-supply of new ships and project deferrals in offshore sector.
- Apeejay shipyard lacking land
Indian group's new project with Bharati Shipyard delayed as land acquisition stuck at snail's pace.
- Chetzemoka debut must wait
First sailing of new Washington state ferry scrapped due to vibrations during sea trials.
- Excel clipped by swap losses
Gabriel Panayotides-led bulker owner piles on revenues but interest rate swap losses keep profit gain low.
- BLT eyes more FPSO deals
Indonesian tanker owner bidding for five conversion contracts worth $500m.
- VLCC boarded off Malaysia
Tanker recently sold for demolition is boarded by three armed men while at anchor off Pulau Mungging.
- Tamai sinks deeper into red
Sales boost brings no joy for Japanese bulker owner but full year set to return larger profit.
- MMM faces Bursa Malaysia boot
Beleaguered owner warned it faces being jettisoned from the stock exchange after rule breach.
- Hanjin back in the black
South Korean shipowner sees both container and bulk segments return to profit in the second quarter.
- Harfjeld resurfaces at DHT
Eighteen months after exiting BW Group Svein Moxnes Harfjeld takes the reigns at US-listed tanker group.
- Volumes set to top 2008
Global container volumes are set to top pre-crisis levels, according to figures from by Alphaliner.
- Norwegian ferry rams ramp
Fjord1's Fanafjord damaged after hitting the side at Sandvikvag.
|
 | web site |
| AUGUST 5, 2010 |
- Hanjin 2nd quarter liner profit spikes
- Court throws out Spain lawsuit against ABS
- Shippers' Voice: Explain big-ship benefits
- Cathay first half profit skyrockets
- Pilot expands along Texas/Mexico border
- Skinner heads AMI finance post
- Stern to head DHS nuke detection office
- Panalpina Q2 operating profit doubles
- Avalon names Hudson regional VP
- WWL nears joint venture in Russia
|
 | web site |
| AUGUST 5, 2010 |
- Bow Saga attackers evade prosecution
The seven suspected pirates that were seized by EU Navfor shortly after the attack on the Norwegian chemical tanker Bow Saga on August 3 in the Gulf of Aden, will
|
 | web site |
| AUGUST 5, 2010 |
- Tugboat sinks spilling diesel fuel
US Coast Guard contains spill after locals complain of overpowering smell.
- Technological solutions and emissions trading go hand-in-hand
Thank you Watchkeeper for highlighting the benefits of emissions trading.
- Prices firming in southern Europe
NYMEX showing slight losses in early trading.
- Prices show gains in Middle East hub
Durban supplier sees IFO stocks 'tighten'.
- Odfjell calls for boycott of waters off Gulf of Aden
Tanker operator 'extremely disappointed' by international response to latest pirate attack.
- Hamworthy Krystallon in retrofit talks with yards
EU at-berth low sulphur requirement main driver for current scrubber demand with owners also eyeing 2015 ECA limits.
- Bunker conference to debate greenhouse gases
Delegates will be asked to vote to decide IBIA's position at IMO on environmental issues.
- Two players added to MPA's list of bunker suppliers
Reports says Southernpec has made its first delivery.
- Bunker prices generally down at major ports
Prices slip for the first time this week.
- Singapore fuel oil stocks at seven-week low
Fewer cargoes arriving from Middle East and Europe.
- Lack of cutter stock in Singapore
Fuel oil cargo likely to stay in Middle East.
- Hong Kong supplier in talks with Chinese competitors
Seeking to act as broker for mainland China based suppliers.
- Catepillar Marine working to meet IMO III regulations
Introduces 'tool box' containing range of environmentally friendly technologies.
- Commercial fuel oil inventories in South China remain steady
63% of storage capacity in use.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
