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27 January 2020 The on-line newspaper devoted to the world of transports 13:06 GMT+1

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The Business Timesweb site
SEPTEMBER 10, 2010
Shipping News
  • Bulk ship rates seen rallying on key routes
    FREIGHT rates for large dry bulk carriers on key Asian routes are expected to rally next week, analysts and shipbrokers said yesterday, as Chinese steel producers book iron ore vessels for fourth-quarter production.
  • Market looking good, says engine maker Wartsila
    SHIP and power plant engine maker Wartsila said on Wednesday a market pick-up still showed strength, but uncertainty was holding back decisions on large investment projects.
  • Oil contango doubles as bet is on 2011 recovery
    OIL traders are showing increasing confidence that the United States economic growth will rebound next year as they take advantage of the widening gap between current prices of crude and contracts for delivery six months from now.

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Sched Netweb site
SEPTEMBER 10, 2010
  • MSC off the hook, Khalijia 3 blamed for Mumbai ship collision
  • Maersk switches to low-sulphur fuel when in Hong Kong
  • NYK Line (Japan) Ltd changes name to NYK Container Line
  • Maersk cuts more than 20 TEU reefer ports as FEU rules the waves
  • Singapore's MCC adds Manila calls to PDR-Taiwan service
  • Singapore PM attends NOL's Chongqing service centre opening
  • Easement allows Korean container trailers into inland China
  • Bids expected on new Suez Canal Container Terminal channel
  • OWL office opens new office in Singapore
  • Nanning-Singapore Economic Corridor still at talking stage
  • Port of Houston handles million TEU in first half
  • Cargotec to supply 2 Kalmar E-One2 RTGs to IPM in Mexican Gulf
  • AAT August tonnage up 39pc, but transhipments show weakness
  • Air cargo back to halcyon days, but expected to weaken
  • Logwin launches pristine fashion AirTextainer in Australia
  • Delta, AirTran among airlines pay US$30 million to Atlanta

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International Transport Journalweb site
  • Turkish freight enterprises fined millions by competition commission
    The Turkish competition commission Rekabet Kurumu has imposed fines amounting to millions on three Turkish freight enterprises, for price collusion between 2006 and 2008. The firms...
  • Night Star Express certified as environment-friendly
    The German CEP company Night Star Express has been certified as compliant with the environment management standard ISO 14001:2004, after an audit was carried out by the German cert...
  • Gazeley leases logistics space to Magna subsidiary
    The global real estate developer Gazeley has gained a new tenant at its Karlsruhe-Kandel logistics park (Germany). The newcomer is the Magna Exterior & Interior group...
  • Panama Canal Authority and Antwerp Port Authority enter partnership
    The Panama Canal Authority (ACP) and the Antwerp Port Authority have signed a memorandum of understanding to foster commercial activity between the two authorities. The memorandum,...
  • Jorge Martinez joins TransNatur in Barcelona
    Jorge Martinez joined TransNatur at the beginning of September, as the general coordinator of its sea and airfreight departments for Spain and Portugal. He will be based at TransNa...
  • NYK Line to become NYK Container Line
    NYK Line (Japan) is set to change its name to NYK Container Line on 1 November, when business is transferred from Tokyo Senpaku Kaisha (TSK) to Nippon Yusen Kabushiki Kaisha. TSK's...
  • Global container volumes 2010 expected to be higher than 2008
    Global container volumes are expected to grow by 11.6% and reach 545 million teu in 2010, according to AXS Alphaliner's prediction. This would not only bring the figure to a greate...
  • No Globaltrans stake in VGK
    VGK, a freight operator spun off from the Russian Railway RZD, is set to remain a 100% subsidiary of the latter corporation. Negotiations concerning a stake in VGK for the logistic...

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Marine Logweb site
  • U.S. Marines free pirated ship
  • Rapp Hydema to suppy winches for Alaska Regional Research Vessel
  • Rolls-Royce power for LNG-fueled ferry

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World Wide Shipperweb site
  • Port of Coos Bay taps Kathy Wall as Marine Facilities boss/harbormaster
  • Panama Canal Authority celebrates launch of new dredge
  • Coast Guard Sector Columbia schedules open house for Saturday
  • Freight transport index increases during July
  • AAPA annual convention set for Halifax, Nova Scotia

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Lloyd's Listweb site
  • EU sanctions could hit NITC P&I cover
    Brussels sanctions on Iranian entities could prevent tanker giant from obtaining P&I and hull and machinery cover from its current providers
  • Caution the watchword on trade with Iran
  • Sanctions against Iran will hit Malta flag
  • Brussels throws in the towel on EU shipyards
  • Shipbrokers refuse to back Baltic central screen
    Non-compulsory broker nomination is the main concern
  • Mixed reaction to dry central screen
  • Eight piracy suspects seized as German boxship is freed
    At least eight piracy suspects detained as result of US Navy intervention
  • Standoff as Somali pirates board boxship
  • OSG's bullish outlook for product tankers called into question
    Arntzen's predictions of shrinking MR fleet are disputed, but LR1 outlook more...
  • Big ships recast dry bulk landscape

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Fairplayweb site
  • Container ship recaptured
    US MARINES this morning recaptured the box ship Magellan Star from Somali pirates in the Gulf of Aden, Fairplay was told
  • US river dredging rejected
    REGULATORS in the US have rejected a proposal to remove millions of tonnes of sand and gravel from the Missouri River
  • Pipavav shares leap on debut
    NEW SHARES in India's Pipavav port soared 25% today after the stocks were listed on the Bombay Stock Exchange
  • VLCC storage surge predicted
    CRUDE stored on VLCCs is likely to surge in coming month as traders wait for higher winter prices, an investment bank report said today
  • Recovery slows but trade steady
    RECOVERY from the global recession might be easing, a report from the OECD said today
  • US cracks down on liners
    THE US has ordered liner companies to submit meeting transcripts, in an attempt to address accusations by shippers' groups that the lines collude to push rates up
  • Pirate pleads guilty ' again
    SOMALI Jama Idle Ibrahim has pleaded yesterday to piracy, in his second such US conviction in two weeks

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The Journal of Commerceweb site
  • Seaway Grain Shipments Surge 51 Percent
  • Bulk Rail Volume Hits Second Consecutive Peak
  • NS Opens Heartland Corridor for Intermodal
  • Truckers May Seek Early General Rate Increases
  • Expert Insight: Trans-Pacific Trades and Pricing
  • Trade Deficit Shrinks to $42.8 Billion
  • Expert Insight: No Co-loading Allowed With This Contract
  • US Freight Index Rose for Second Month in July
  • Expert Insight: Differentiated Value Propositions
  • MSC Enhances California Service
  • FMC Tightens Oversight of Trans-Pacific Carriers
  • Indian Ship Agents Protest Collision Related Fees
  • Japan, India Reach Free Trade Agreement
  • Wal-Mart Shifts More Traffic to Intermodal

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Containerisation Internationalweb site
  • ISS creates Benelux management team
  • Antwerp and ACP sign MOU
  • Supply chain's 'centre of gravity' will move, warns conference
  • Crowley acquires Puerto Rican forwarder
  • Cool Logistics signs up Weng and Slangen

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TradeWindsweb site
  • Alterna seeks 'happy marriage'
    Alliance forged by Western Bulk and Connecticut-based private equity player may offer insight into inking $150m deal.
  • Ousted tug bosses cop a plea
    Executives at DRD Towing own up to charges tied to Mississippi smash-up between barge and Swedish tanker.
  • Two vessels in Red Sea scare
    Tanker Pacific aframax and Israeli boxship said to have been threatened by large number of pirates in Bab el-Mandeb.
  • Tipsy tanker master fined
    Norden-controlled chemical carrier detained in UK after pilot tips police to inebriated captain and ship defects.
  • Navibulgar ship free
    Chemical tanker hijacked in May on way to the breaker's yard released by Somali pirates, owner says.
  • Songa Saturn shifts orbit
    Arne Blystad-backed offshore outfit on the brink of forging deal for idle drillship.
  • Zacchello bids to get back on course
    Restructuring of companies hit by time charter market downturn moves into new long term phase.
  • US Navy frees Magellan Star
    US Navy secures release of German boxship boarded by pirates on Wednesday, nine pirates arrested.
  • Greek bulker held in UK
    Firodi Shipping handysize Feroi spent four days clamped at Tilbury after 24 deficiencies found.
  • Grieg grabs two more at Mipo
    Camilla Grieg-led owner confirms two of four optional contracts for open-hatch bulkers in Korea.
  • Pipavav port's shares up on debut
    Maersk-controlled Indian terminal enjoys stock rise of up to 27% on Mumbai debut.
  • Goa grabbing coast guard deal
    Indian shipbuilder in talks to carry out all repair and maintenance work on country's coast guard ships.
  • Olympic adds one at STX
    Stig Remoy-led Norwegian owner orders LNG-powered supply ship for construction in Norway.
  • Ashika four plead not guilty
    Tongan ferry disaster trial adjourned until October, with defendants facing up to 25 years in jail if convicted of manslaughter.
  • P&O axes 70 onshore jobs
    UK ferry giant targeting savings at its Dover head office, while pension scheme also being reviewed.
  • Globus sneaks a profit
    George Karageorgiou-led bulker owner back in the black despite smaller fleet than a year ago.
  • Ferry thieves drop a clanger
    Attempt to pinch cash machine from BC Ferries vessel in Canada meets a soggy end.
  • BWO wins Athena gig
    Norwegian offshore player scoops potential $500m contract to supply FPSO for North Sea.
  • Yujin interim profits sink
    Singapore small tanker operator suffers due to continued "difficult economic environment."
  • Delta boxship stuck in Russia
    Engine failure leaves German owner facing two weeks of repairs to Delta Hamburg.
  • Ekuinas ups Tanjung stake
    Malaysian government-linked fund lifts shareholding in domestic offshore vessel operator to 24%.
  • Suez Canal getting busier
    Transits and revenue up during August at Egyptian waterway, signalling continuing shipping recovery.
  • Cruise West cancels voyage
    Tight-lipped Alaskan line halts global voyage and prepares asset sales as part of mysterious restructuring.
  • US imports set to peak
    Trade body says inbound container volumes will be up 16% this month, but numbers now set to decline.

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American Shipperweb site
  • FMC chief vows focus on service contracts
  • Navy backs Jones Act
  • MSC merges loops to create Med/Calif. Link
  • Delta-Virgin Blue alliance gets thumbs down
  • Chinese inland waterways track vessel moves
  • Crowley buys Puerto Rico logistics firm
  • WFP deploys GT Nexus platform
  • Tanner heads safety and security at Kenco
  • FMC reviews 22 OTI license applications
  • Kramer named to L.A. port commission

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The Scandinavian Shipping Gazetteweb site
  • Chemical tanker hijacked
    The Malta-flagged chemical tanker Olib G has in all probability been hijacked in the Gulf of Aden. After a report from an undisclosed merchant vessel that a skiff was
  • Island ferry service to close down
    The ferry service from Fåborg to S'by on the Isle of Ærø will be closed down within the next years, as the ferry Søbyfærgen is due for a special survey

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The Bunker Bulletinweb site
  • Oil up on surprise numbers, economy
    Support holding prices above $75 per barrel.
  • Strong distillate gains in Rotterdam, Hamburg
    NYMEX showing small gains in early trading.
  • Supplies of 180 cSt material tighten in Fujairah
    Durban prices climbing.
  • Another LNG power vessel on order from STX
    Shipbuilding group has already delivered six LNG powered vessels and has five more on order.
  • Singapore fuel oil stocks jump to 16-week high
    Arrival of delayed arbitrage cargoes sees inventories swell.
  • Yujin bunker tankers 'perform well'
    Operating profit from four vessels climbs to $1.46 million in first half-year.
  • Bunker prices remain firm, surge in Busan
    Supplies in Korean hub 'very tight'.
  • New bunker trader at Dan Bunkering
    Joins bunker fuel sales team in Middlefart.
  • South Korean port faces tightening bunker supplies
    Local refiners 'restrict' supplies to prop up bunker prices.
  • WFS secures increase in credit facility to $800 million
    Credit facility modified to enable WFS and its subsidiaries to make 'any acquisitions' without prior consent of lenders.
  • Wärtsilä clinches deal to fit gas propulsion engines on LNG carriers
    Wärtsilä's 50DF engines offers flexibility in fuel choice and 'significant' operating cost savings.
  • O.W. Bunker launches physical ops in Uruguay
    Seeks to increase presence in key global regions, including South America.

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