 | web site |
| MARCH 12, 2010 |
Shipping News
- ReCAAP voices renewed concern over piracy
THE 4th annual meeting of the region's anti marine piracy council concluded yesterday with the governors expressing renewed concern over continuing incidents in the Gulf of Aden and off the coast of Somalia.
|
 | web site |
| MARCH 12, 2010 |
- Hanjin Shipping to start weekly Shanghai-Mexico service March 14
- MOL increases coverage in Asia-east coast South America service
- Hong Kong fourth quarter cargo throughput declined 6pc
- Sinotrans profit off 69pc, sees more pressure from tonnage to come
- PSA Dongguan CT welcomes PIL south and West Africa loop
- KMTC ups capacity on Korea-China-Straits service
- Namsung Shipping launches intra-Asia service via Hong Kong
- Seaspan charters second 2,544-TEU ship to 'K' Line
- Hong Kong's OOCL toughens North American export booking
- Credo Shipping launches monthly Karachi-Jebel Ali-Mombasa service
- Savannah adds 10 reefer racks bringing port total to 44
- Feeder operators: Increasing capacity could upset recovery
- US highways czar plans to accelerate road, bridge building
- TNT day-definite road delivery 'rivals air for price' in China
- Air China records growth in both cargo and passenger in January
- Midex Air suspended after routine audit
- Hainan Airlines to integrate regional cargo sales resources
|
 | web site |
| MARCH 12, 2010 |
- Caravel Logistics plans major thrust
- 4-day FAI spotlight on fertiliser shipping
- W. Africa demand pick-up depletes supertankers' availability
- Russian, Chinese PTFE to continue attracting dumping duty for 1 year
- US slaps anti-dumping duty on shrimp
- Duty-free pulses imports to continue for another year
- Soyameal exports dip
- Dhamra Port Co. sponsors film to cool Greenpeace fervour
- Wagon shortage creates coal mountain at pit-heads & rly sidings
- FM may let Rlys increase list of service tax exempted cargo
- Aviation Min. to seek rollback of service tax
- Emirates SkyCargo begins eFreight shipments from Hamburg too
- Lufthansa Cargo official seeks uniform global security set-up
- CBEC asks DGFT to tighten ex-im licence norms to prevent frauds
- Divestment may yield Rs 40K cr.
- Commerce Ministry wants SEZ units & developers exempted from Direct Taxes Code
- Fert. imports may be put on OGL list
- 12 SEZs denotified
- DTAA with Swiss being pursued
- Study highlights S. Asia's economic potential
|
 | web site |
| MARCH 10, 2010 |
- South Africa's transport minister in China
South Africa's transport minister Sibusiso Ndebele is currently visiting China. He expects to meet senior officials from the Chinese ministry of transport, as well as re...
- US trucking industry is optimistic
According to the observations of Transport Capital Partners (TCP), carriers expect March to continue to improve as inventory is moved. While carriers are uncertain about April, the...
- British Road Haulage Association says petrol price hike is a joke
The British Road Haulage Association (RHA) has attacked the UK's chancellor, Alistair Darling, just weeks ahead of the first of four planned fuel duty hikes. Duty on fuel will...
- Canadian railway customers suffer from poor rail services
Freight customers of Canada's largest railways have issued a damning review of the quality of service that they have received in recent years. Some 62% of the clients cla...
- OT Africa Line calling directly at Pointe Noire
OT Africa has added a direct call to Pointe Noire on its Angola Shuttle service, which is operated with five 1,100 teu vessels. The introduction of this new call enables the s...
- Montreal port authority buys first green locomotive
Montreal port authority (Canada) has signed an agreement with R.J. Corman Railpower to purchase a next generation environment-friendly locomotive for CAD 1.6 million (EUR 1.15...
- Maersk to end slot charter agreement with Horizon Lines
The slot charter agreement between Horizon Lines and Maersk Line on the Trans-Pacific 1 (TP1) service will cease in December 2010. The weekly sailings currently call at Y...
- Christian Kern is new 'BB Holding boss
Christian Kern, will replace Peter Klugar as chairman of the board of 'BB Holding on 7 June. Klugar, whose contract expires at the end of the year, will resign from Austrian Federa...
- Stena Line to terminate L'beck/Travem'nde-G'teborg service
Stena Line, a Swedish ferry shipping company, is terminating its freight connection from L'beck and Travem'nde (both Germany) to Gothenburg (Sweden). The goods that pass through th...
|
 | web site |
| MARCH 11, 2010 |
- U.S.Merchant Marine Academy facilities "at a tipping point"
- Farrell Lines adds two ships
- Guam Shipyard to modify submarine tender
- Cruise lines report strong wave season
- Bourbon buys out partner in Brazil JV
|
 | web site |
| MARCH 11, 2010 |
- Port of Longview revenue total reaches new high mark in 2009
- Coast Guard announces POLAR STAR reactivation
- Mitsui chaning lineup for Asia/SAm service
- Freight transport index rises during month of January
- Airworthiness tests completed for Boeing 747-8 Freighter
|
 | web site |
| MARCH 11, 2010 |
- Panalpina hurt by volatile rates
Logistics giant loses out as it was locked into customer contracts
- Cosco confirms bulker cancellations
Five vessels on order at its Chinese yards have either been cancelled or had deliveries rescheduled
- Mitropoulos seeks meeting with EU climate action boss
IMO chief invites Connie Hedegaard to London ahead of key meeting on greenhouse gas emissions
- Dover Harbour Board hits back at ferry customers
Chief executive Bob Goldfield had no inkling that the ferry operators would write a joint letter criticising port policy
- Shipping facing two more years of hardship
Industry has not seen worst yet, says DVB Bank managing director Dagfinn Lunde
|
 | web site |
| MARCH 11, 2010 |
- DVB stems profits slide
GERMAN shipping and transport bank DVB limited damage from the recession and the shipping markets crisis, in reporting today a slide in 2009 operating profits of 13.6% year on year
- Clipper: 'Hit where it hurts'
DENMARK'S Clipper told Fairplay today that 'targeting' out pirate mother ships was the most effective way to address piracy
- Wind factor in spill rebutted
WIND WAS no factor in the Eagle Otome oil spill in Texas, the US Coast Guard has told a panel of inquiry
- STX lands $42.5M from bond
NORWAY'S shipbuilding group STX Europe told Fairplay today is has received a $42.5M in funds from a bond issue
- Saudis sign anti-piracy code
SAUDI Arabia today signed the Djibouti anti-piracy code, becoming the 13th country to do so
- Petronas courts Norway
MALAYSIA'S oil major Petronas wants to team up with Norway to learn about deepwater exploration, IHS Global Insight reported today
|
 | web site |
| MARCH 11, 2010 |
- Distributor Picks Charleston, S.C., for Warehouse
- Panel Urges Kings Point Improvements
- Senate Begins Work on FAA Bill
- Volga-Dnepr to Add Updated Freighter
- Panalpina Lost $10.2 Million in Fourth Quarter
- Supply Chain Expert Sees Profits in Sustainability
- IATA Cuts Airline Loss Forecast In Half
- Greatwide Looks to Smaller Shippers
- Japanese Air Cargo Soars
- Finland Dock Strike Enters Eighth Day
- Lufthansa Cargo Earns $39.7 Million Quarterly Profit
- Australia Alleges Korean Air Fixed Cargo Prices
- Obama Taps Executives For Export Council
|
 | web site |
| MARCH 11, 2010 |
- Panalpina well down
- LB fighting back
- Evergreen and CSCL club together for new intra Asia service
- UK economy setback as exports dive
- UK and UAE build bridges
|
 | web site |
| MARCH 11, 2010 |
- Spar goes supra
Norwegian owner boosts orderbook with deal for five 58,000-dwt bulkers at Yangzhou Dayang.
- Bidding begins
Transpetro launches into the ethanol trade by inviting shipyards to compete for a 100 vessel order.
- Breaking up
Russian reefer Petrozavodsk realises salvors' worst fears as it splits in two off Norway after grounding last May.
- Talks continue
Finnish port shut-down drags into second week as another meeting between bosses and union planned for Friday.
- Swedish slide
Tanker and ferry player Rederi AB Gotland sees 2009 earnings eroded by higher operating costs.
- Marine meld
Insurance cover of Torm, Clipper, DFDS and other top owners in contention as Codan buys renewal rights to TrygVesta hull underwriting portfolio.
- Dover dust-up
P&O, Norfolkline and SeaFrance threaten legal action against port over higher fees.
- Clarksons up
End of legal spat with Russians and large cost cuts save Andi Case-led broker as sales slump in poor markets.
- Burgas beached
Bulgarian cargoship drags anchor in storm off Italy, becoming stuck on sand bar.
- Log-In loss
Brazilian boxship player Log-In Logistica sees profits slump as domestic trade issues batter the bottom line.
- Rudder fails
Italian ro-ro cargoship needs tug assistance as it loses steering in storm off Sardinia.
- Injury off UK
Crew member rushed to hospital with head injuries after incident on offshore vessel off Scotland.
- DVB "solid"
Boss Wolfgang Driese thankful for mere 28% dip in profit after "unprecedented" 2009.
- Trouble ahead
Swire Pacific Offshore says rates will continue under pressure this year due to spate of newbuilding deliveries.
- Torm tanks
Danish giant sinks into the red and warns of possible large loss in 2010 as dividends axed.
- Virus strikes
Passengers onboard Fred Olsen cruiseship Boudicca confined to cabins on Mediterranean trip.
- 'Wind no factor'
USCG hit out at reports "strong winds" and "poor visibility" could have cause Eagle Otome crash off Texas.
- Scuttling fails
Former New York state employee arrested on suspicion of flooding historic cargoship Day Peckinpaugh.
- Brazil job for SMM
SembCorp Marine's Jurong Shipyard to carry out pre-conversion works on Petrobras FPSO.
- China crude high
February's crude imports into the People's Republic reached the second highest level on record.
- Long Beach jumps
US west coast container port has reported a third consecutive month of growth in volumes.
- Ow buys Boheme
Singapore Shipping back in buying mode with acquisition of Wallenius pure car truck carrier.
|
 | web site |
| MARCH 11, 2010 |
- Carrier, NVO pay penalties to FMC
- Evergreen, China Shipping in intra-Asia link
- DHL Express opens Colombo airport facility
- Governors lobby DOT for transport plan
- House approves DOT pay reimbursements
- Senate passes biodiesel tax incentive bill
- EU, Singapore to discuss FTA
- USDA sets Canadian import inspection, user fees
- Panalpina sees profit, revenue fall
- Panalpina expands L.A. facility
- Port of N.Y.-N.J. to ban pre-'94 trucks
|
 | web site |
| MARCH 11, 2010 |
- Black figures for Gotlandsbolaget
The Swedish ferry and tanker owner Gotlandsbolaget managed to make a SEK 184 million pre-tax profit, despite depressed tanker markets. The corresponding result in 2008 was SEK 409 million
- Codan buys TrygVesta's marine portfolio
Codan Marine has acquired TrygVesta's marine hull insurance portfolio and boosts its position as the third largest marine hull insurer in the Nordic market. Last year, TrygVesta's portfolio had an
- Wallenius sells PCTC to Singapore
Singapore Shipping Corp, SSC, announces that it will acquire the 1999-built PCTC Boheme, with capacity for 7,200 cars, subject financing. The price tag is USD 50 million and Wallenius
|
 | web site |
| MARCH 11, 2010 |
- Prices lack direction in Rotterdam, Hamburg
South Europe shows bigger gains.
- Fujairah prices soften
NYMEX showing losses in early trading.
- Slow steaming will become 'standard' practice
NOL's CEO says it is the only way for the industry to burn less bunker fuel.
- EU standing by IMO on GHG
Will pledge support at upcoming MEPC meeting to push forward 'flag-neutral' regulation.
- Office move for Norwegian Oil Trading
- Bunker costs threaten operator's prospects
DFDS predicts 'some deterioration' in passenger sector as fuel costs climb.
- Jeddah MGO drops by $100
Traders say no reason given for sharp MGO price reduction at Red Sea ports.
- Preserving environment a challenge for shipping
Experts expecting technology to play a big future role, fuel costs will be 'significantly higher'.
- Fuel oil duty expected to rise
Russia to raise export taxes on crude oil and oil products.
- Prices slide on weakening crude
Avails in key Asian ports mostly at good levels, except for Busan port.
- Singapore residual fuel stocks at 14-week high
Middle distillate stocks fall to 3-week low.
- Singapore extends port dues concession
An extension of a further six months has been announced.
- Oil forecast at $100 by 2011
Fund manager cites tight output from producers and demand growth.
- KPI Bridge Oil appoints new trader in Chile
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
