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27 January 2020 The on-line newspaper devoted to the world of transports 14:14 GMT+1

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The Business Timesweb site
Shipping News
  • Barge freight rates in US set for more gains
    Freight rates to ship grain by barge to the US Gulf, which surged as much as 50 per cent last month, are set to head higher this fall as the corn and soyabean harvest builds momentum, likely raising export prices.
  • Westports on course for RM900m turnover
    Westports Malaysia expects to chalk up revenue of close to RM900 million (S$389 million) this year, driven by brisk business activities due to an improved global economic scenario.
  • Vietnam arrests 4 more execs of troubled Vinashin
    Police have arrested four additional former senior executives of Vietnam's debt-laden, state- owned shipbuilding company as part of widening investigations into mismanagement, state media reported on Saturday.
  • Japanese tanker attacked off Indonesian island

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Sched Netweb site
  • NYK Line to change name to NYK Container Line November 1
  • China export growth to slow towards year end: BMI study
  • Dutch transport minister leads delegation to Hong Kong
  • Beijing launches probe into 'unfair' EU export subsidies
  • Floating rope device said to snare pirate skiff propellers
  • Schenker to spend US$528 million on railcars, engines
  • Risetech moves house from Wanchai to Central Hong Kong
  • New container yard expands Colombo port capacity
  • Swiss M+R Spedag acquires India's PL Shipping & Logistics
  • Le Havre makes progress in port privatisation scheme
  • Correction: NY-NJ dredging not held up by reduction in Congressional funds
  • Savannah rallies local business to support river dredging
  • Dachser strengthens Eurohub facilities in Bratislava
  • Global RFID market value expected to grow 420pc in 10 years
  • Polar Air accepts US$17.4 million price fixing fine
  • Pilots had smoke in UPS 747 cockpit before fatal Dubai crash
  • EU adds two Ghanaian cargo carriers to no-fly list
  • FedEx widens pick-up window for China coast to Europe
  • Finnair to start Helsinki-Mumbai cargo service next year
  • Continental sets load factor record in August

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Exim Indiaweb site
  • 13,500-TEU Evelyn Maersk becomes 100th mega boxship to call at Rotterdam in 2010
  • AAUS scraps AAP due to weak demand
  • Baltic Exchange launches index for dry Supramax in Asia
  • Brazil govt to take over 5 Amazon ports
  • China Cosco Holdings H1 profit higher by 175 pc
  • China Merchants wins $ 500-m Colombo terminal deal
  • Chinese navy repulses pirate attack
  • CSCL's first half profit up by 134 pc
  • Greencarrier opens office in Shenzhen
  • Hapag-Lloyd to hike global rates in Sept. & Oct.
  • ISO issues new guidelines on ship dismantling
  • Liladhar Pasoo adopts Softlink's Logi-Sys to enhance global operations
  • MAERSK LINE confirms GRIs in transatlantic trades
  • MSC hikes rates
  • OOCL to hike S-E Asia-Oz rate by $ 300/TEU from next month
  • Probe points finger at Khalijia
  • Savannah port volume up by record 20.7pc in July
  • T.S. LINES to offer Japan-Philippines loop, amends JTK1&2
  • Soda ash 'dumping' comes under scanner
  • Vizag Port being overhauled to augment capacity to handle 100 m tonnes a year-Ajeya Kallam
  • CONCOR N-W Region's awards function in Ahmedabad today
  • From 'Own Your Wagon', Rlys now comes out with own your rake!
  • AEPC in grip of that sinking feeling!
  • Govt allows duty-free export of 55 lakh bales of cotton
  • Seminar on 'Indo-Polish trade' today

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International Transport Journalweb site
  • Penske opens warehouse in Brazil for Whirlpool
    Penske Logistics has opened a 11,000 sqm warehouse in Manaus (Brazil) for its customer white ware manufacturer Whirlpool. Penske Logistics Brazil will store and ship Whirlpool bran...
  • Rhenus expanding in Asia
    Rhenus AG & Co. KG recently signed an agreement with the Pro-Log Group, based in Asia, to acquire a majority shareholding in the group. The move enables Rhenus to further conso...
  • GM Europe prolongs partnership with Chep
    General Motors Europe (GM Europe) has chosen Chep, one of the world's leading pallet and plastic container pooling specialists, to be its service provider once again. The latest co...
  • Port of Hamburg: throughput rising
    The port of Hamburg reported that its seafreight handling activities are increasing, thanks to the upsurge in global trade. The port's interim throughput jumped by 8.1% auf 58.6 mi...
  • Grup TCB expands infrastructure at its terminal in Turkey
    Grup TCB has acquired a new mobile harbour crane to expand its infrastructure at its TCEEGE terminal in Turkey. This brings the total number of mobile harbour cranes at this termin...
  • Vietnam's largest container seaport opens second phase
    Tan Cang-Cai Mep, Vietnam's largest container seaport, will inaugurate its second phase later this year; allowing it to receive ships with a loading capacity of up to 110,000 t. T...

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Marine Logweb site
  • Harland & Wolff wins order for offshore wind farm platforms
  • GL issues first EEDI certificate
  • Former manager gets prison term for dumping dredge spoil from barges

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Lloyd's Listweb site
  • SMM 2010: U-turn on reflagging not enough to rescue KG funds
    Move to drop requirement in exchange for extension of tonnage tax regime not enough to save struggling KG system
  • German owners learn true value of training
  • Container lines bounce back after 2009 losses
  • Greek owners start to regroup
  • Caiano set to buy Green Reefers
    Kristian Eidesvik group to proceed with mandatory offer after taking controlling...
  • Green Reefers could become takeover target
  • Socatra sells tanker at premium price of $30m
    Deal on subjects at reported value $2m above brokers' estimates
  • Newlead's turnaround on track to bear fruit
  • Handysizes in demand with medium size gas carriers fully booked
    Charterers fix handysizes for shipments of ammonia out of the Middle East
  • Rates rise, but earnings still under a cloud

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Fairplayweb site
  • Lyttelton is rattled but open
    LYTTELTON'S tremor-rocked port in New Zealand returned to a full day's operation today, but infrastructure damage in the region will continue to affect deliveries to and from its facilities
  • OceanFreight cuts losses
    OCEANFREIGHT, the Athens drybulk and tanker shipping operator, has pledged to forge ahead in renewing its fleet despite second-quarter net losses
  • Indian commandos foil pirates
    INDIA'S navy said today commandos from its destroyer Satish have seen off Somalian pirates who were closing in on a dozen merchant ships off Somalia in the Gulf of Aden
  • Pirates strike off Indonesia
    PIRATES have reportedly attacked a Japanese chemical tanker off Indonesia
  • Transneft cites pipeline pledge
    FUNDING has been agreed for a $4.5Bn trunkline that will join the main Russian pipeline system delivering to tankers at Primorsk, on the Gulf of Finland, Transneft said
  • Guido Grimaldi dies at 93
    GUIDO Grimaldi, founder and chairman of Grimaldi Group, has died in Italy at age 93
  • An icy waiting game in Arctic
    ICEBREAKER Henry Larsen is standing by today to aid the grounded tanker Nanny while it waits a sister ship to arrive, the Canadian Coast Guard said

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The Journal of Commerceweb site
  • Inventory's Guessing Game
  • Do-It-Yourself Inventory Improvement
  • For EU, P&I Clubs Are a Matter of Trust
  • Shipping's Risky Business
  • The Future of Box Futures
  • LA Wins on Trucks
  • Intermodal Drives Railcar Orders
  • A Restart at Con-way Freight
  • A Cure for What Ails Alameda Corridor?
  • For U.S. Ports, Recovery Is a Mixed Box
  • If You Build It... Stacking Up Hopes in the Heartland
  • Revisiting COGSA vs. Carmack
  • Stacking Forecasts
  • Canada's Ports Look to U.S.
  • Columbia Coastal Ends Boston run
  • Trade, Transport Bills Hang in the Balance

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Containerisation Internationalweb site
  • Lyttelton survives massive 'quake
  • US plans Iraqi trade mission

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TradeWindsweb site
  • Shipping crisis sparked by greed
    Eye-watering rates lured investors to splash cash triggering turmoil, says seasoned trouble shooter.
  • Green Reefers falls on low buyout offer
    Kristian Eidesvik makes minority shareholders in Oslo listed reefer operator an offer they will find easy to refuse.
  • Tallink numbers on the up
    Estonian ferry player posts fourth quarter growth in passenger and cargo traffic.
  • Indian ship evades pirates
    Great Eastern bulker Jag Ratan and 11 other ships 'saved' from Gulf of Aden attack by Indian Navy.
  • Hellenic 'evaluating market'
    Fotini Karamanlis-led Greek mulling newbuilding or second-hand deals as it lets Chinese kamsarmax option go.
  • Bulker crewman hospitalised
    Bengali engineer taken from Great Wisdom off Russia with severe prostatitis.
  • Turkey makes it five
    UN-backed ship scrapping convention still some way from reaching the 15 signatories needed to enter into force.
  • Athenian books VLCCs at HHI
    Minos Kyriakou-led Greek to take up to three VLCCs at Korean yard in splurge of up to $320m.
  • Grimaldi founder Guido dies
    "Far-sighted, modern businessman" who started with one liberty ship dies aged 92 in Italy.
  • PNSC's annual profit plunges
    Revenues also down at Pakistan state shipowner after it scrapped older vessels.
  • Volgotanker claim kicked out
    Court dismisses $200m compensation case against Russian owner over oil spill from Volgoneft-139 in 2007.
  • Long lay-offs at Turku
    STX Finland chief Juha Heikinheimo warns of delay in re-employing shipyard workers if new orders are won.
  • Hellenic down on rate slide
    Fotini Karamanlis-led Greek bulker owner sees profit fall in first half but eyes rate stabilisation.
  • Worker overcome by fumes
    Probe begins into Perkins Shipping employee's exposure to toxic chemical in Australia.
  • Network Chartering reveals loss
    Bankrupt Norwegian tanker broker lost nearly $63m in 2009 as chemical markets crashed.
  • Greek fined in 'magic pipe' case
    Lengthy jail term avoided as chief engineer of Transmar bulker hit with probation period and fine.
  • Seadrill in Brazil spin-off?
    Barclays Capital says such a move could smooth John Fredriksen driller's move into South America.
  • Four more Vinashin arrests
    Former directors held in financial probe after ex-chairman Pham Thanh Binh "confesses."
  • Losinjplov making more money
    Croatian ro-ro owner enjoys strong second quarter, erasing loss in first three months.
  • Crew hurt in life boat drill
    Two men taken to hospital after crank fails during exercise on Finnish ro-pax.
  • Pirates rob Japanese tanker
    Focus switches to waters off Indonesia as Chemroad Luna attacked after recent piracy surge off Malaysia.
  • Ferry and yacht collide
    USCG reports no serious injuries after Carteret involved in clash off North Carolina.
  • Drunk master gets a month
    Ukrainian captain sentenced to jail in Sweden over Flinterforest grounding.
  • PPL stake sale re-jigged
    Baker Technology makes key amendments to deal to sell PPL Shipyard stake to China's Yangzijiang.
  • New Western wins double
    Bangladesh shipbuilder to deliver two coastal tankers to Bangladesh Petroleum Corp.
  • Van Oord wins Aussie deal
    Dutch dredging outfit secures work on new Cape Lambert Port facility in Western Australia.

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The Scandinavian Shipping Gazetteweb site
  • Naval units to become civilian workboats
    The Turku-based shipping company Rederi Ab Fakir has bought two surplus units from the Finnish navy. The company has acquired the transport ferries Kampela 1 and Kala 4, which
  • New plan for another ferry service to Norway
    The former head of Sams'-Linien, Valter Merrild-Hansen is the frontman in yet another initiative to open a ferry service between Denmark and Norway. 'Color Line have moved their

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The Bunker Bulletinweb site
  • Viswa Lab illustrates disconnect between price and quality
    'Best' quality fuels should be worth over $100 per tonne more than those with a low 'True Worth Index'.
  • Small price gains in Rotterdam, Hamburg
    Bunkers trading higher even as crude oil futures show signs of easing.
  • Fujairah IFO prices firming
    Tight barge schedules in Middle East hub.
  • Martek develops system to measure funnel smoke
    Measuring density of funnel smoke could help shipowners defend themselves against claims.
  • New team member for Turkish supplier
    Laura Toplar has joined CYE Petrol as a bunker trader.
  • New Managing Director at Global Risk Management
    Christensen will head GRM's offices and work on strategy and business plans.
  • Clouds spoil voyage for world's biggest solar vessel
    Vessel aiming to sail around the world using solar power forced to stop to recharge batteries during maiden voyage.
  • Week opens with bunker prices mostly firm
    Singapore market sees lacklustre demand.
  • Iran holding fuel oil stocks at sea
    Western sanctions facing buyers with 'financing difficulties'.
  • Japan bunker market more competitive
    Price differential between Japan and Singapore bunker market narrows as Japanese players seek to attract buyers.
  • Barge operator swings to a loss
    Set to raise $100 million to reduce outstanding debts.
  • Shipping firm to further lower fuel surcharge
    Attributes reduction to lower bunker prices and company's fuel conservation and fleet optimisation.

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