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08 August 2020 The on-line newspaper devoted to the world of transports 22:14 GMT+2

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The Business Timesweb site
DECEMBER 13, 2010
Shipping News
  • US East Coast ports scramble to draw Panama Canal traffic
    Port officials here are racing to dig six feet (1.8m) of mud from the bottom of the Savannah River by 2014. In the world of major waterway expansions, that is an impossibly tight timeline.
  • Syria to spend US$800m to develop ports by 2015
    Syria plans to spend US$800 million to develop ports and ships by 2015 as it aims to benefit from the reconstruction process in neighbouring Iraq.
  • Jakarta's oil need to boost vessel demand
    Indonesia's growing efforts to increase crude oil and natural gas output to meet rising domestic consumption may boost demand for new offshore support vessels next year, according to Norway's DnB NOR ASA.

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Sched Netweb site
DECEMBER 13, 2010
  • HKSG Media launch new SG Mobile service
  • Wan Hai Lines, PIL to resume joint Black Sea service
  • OOCL plans to order megaships
  • Hoegh Autoliner starts direct call from US, Middle East, SEA and Japan
  • Toll seals US private deal
  • Dimerco Express opens fourth office in Vietnam
  • US cargo pilots held over drug bust in Dominican Republic
  • Total world air freight grows 9.6pc in October
  • Germany's industrial orders, air freight volumes grow on back of exports

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Exim Indiaweb site
DECEMBER 13, 2010
  • 18,000-TEU mega boxships spotted on horizon!
  • Aussie floods may lift commodity shipping rates
  • Coastal shipping to ride high on New Year wave
  • Higher wages to drive up ship operating expenses-survey
  • IMO urged to adopt overweight container rule to ensure safety
  • Pirates spread tentacles
  • Spotlight on integrated multimodal logistics
  • US-India trade surges by 169 pc in decade
  • Move to encourage domestic marine salvage groups under PPP model
  • Pipavav Shipyard pact with Russian govt co.
  • Sophisticated coastal surveillance system being installed
  • Vasan lists major steps taken to avert marine collisions
  • VISL authorities extend RFQ deadline by a week
  • Emirates SkyCargo flies high with accolades
  • HEC now fancies making rly coaches
  • Maruti applies brakes to AFTO scheme with Railways
  • Rlys freight revenue goes downhill
  • Diesel may become dearer
  • FTA with EU to thaw by spring
  • Import duty on sugar likely
  • KASEZ export guns booming!
  • Leather exports lashed by the rupee, whipped up by dollar
  • Pranab lists 5 major economic concerns for govt
  • Rains may prune cotton estimate
  • Amrita Patel on board of world dairy body
  • IMF chief: Euro not in danger, Eurozone is
  • Noted economist lists weaknesses in China's future growth story
  • R. Mukundan takes over as President of Council of EU Chambers of Commerce in India
  • Swiss bankers' body tries to rectify tarnished image

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International Transport Journalweb site
DECEMBER 9, 2010
  • SmartWay Logistics expanding into Southeastern Europe
    SmartWay Logistics, an asset-free provider of transportation management services, has opened a new office in Romania, to leverage SmartWay Logistics' core expertise in transportati...
  • Toll Holdings completes US private placement deal
    The Australian logistics corporation Toll Holdings has successfully completed an issue of US private placement notes for USD 275 million. The US private placement notes were raised...
  • Wincanton signs five-year contract with The Carphone Warehouse in UK
    The British logistics service provider Wincanton has been awarded a contract with The Carphone Warehouse, a leading independent European retailer of mobile phones. The five-year ag...
  • More ports added to CMA CGM's FAL 3 service
    CMA CGM's "Otello" containership recently called at the port of Hamburg, as part of the expanded French-Asia Line 3 (FAL3) scheduled liner service. The "Otello"...
  • Ports set to be upgraded in Bahrain
    Major upgrades to ports and roads in Bahrain are currently under way, as part of a long-term drive to strengthen logistics in the country. The projects have the additional aim of c...
  • Wind energy drives BLG Cargo Logistics
    Handling wind energy plant components is becoming ever more important for the Bremen-based German enterprise BLG Cargo Logistics. BLG said that various customers from the freight f...
  • CFL Cargo appoints Marcel Theis as COO
    Marcel Theis recently replaced Marc Polini as chief commercial officer of the Luxembourgian railfreight operator CFL Cargo. Theis joined CFL as head of supply chain management in 2...

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Marine Logweb site
DECEMBER 10, 2010
  • Austal moves giant cat out of fabrication hall
  • Skipperliner books ferry contract
  • Russian-Finnish joint venture acquires Helsinki shipyard
  • OPT wave power projects move forward

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World Wide Shipperweb site
DECEMBER 10, 2010
  • PNWA applauds passage of Water Resources Development act
  • US rail freight traffic rolls to positive week
  • Illegal Cuban cigars nabbed by Chicago Customs officers
  • Greenbrier receives orders for 2,000 new hopper cars
  • Port of Coos Bay hires landscape crew for brush cleanup

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Lloyd's Listweb site
DECEMBER 10, 2010
  • Fredriksen says no money in tankers for two years
    Tanker and dry bulk sectors will remain besieged by overcapacity for the next two to three years says owner of world's biggest tanker company
  • John Fredriksen celebrates 50 years in shipping
  • Switch from banking pays admirably for Hanjin boss
  • The Week Ahead
  • Grand China Logistics continues shipyard investment push
    Cash-rich GCL to pay $280m to buy 95% stake in shipyard from Titan Petrochemicals
  • Taiwanese yard pins its hopes on China
  • STX OSV secures a new contract for platform supply vessel
    Contract from undisclosed shipowner brings orderbook total to 50 vessels
  • Big hopes despite offshore operators' mixed...
  • Moldovan cargo vessels sinks off Israel
    Bad weather blamed. Crew of 11 picked up by nearby vessel
  • Master sees through pilot's smokescreen

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Fairplayweb site
DECEMBER 10, 2010
  • UK judge dismisses Sovcomflot charges
    THE UK High Court today dismissed conspiracy charges against two former executives of Russia's tanker group Sovcomflot
  • Sovcomflot might appeal
    SOVCOMFLOT expressed disappointment today over the outcome of its case against two former executives in the UK High Court and indicated it might appeal
  • No cheers for smugglers
    SMUGGLERS are getting liquored up for the holidays, according to the UK Border Agency
  • Tougher US 'magic pipe' rules weighed
    US PENALTIES for violating MARPOL regulations on bilge water might have to be toughened, a top US Coast Guard official has told Fairplay
  • IEA raises oil outlook
    MEDIUM-term tanker prospects appeared better than expected today, as the IEA has raised its 2010-15 oil demand forecast
  • US seeks trade flexibility
    PRESIDENT Barack Obama has vowed to make trade easier for US manufacturers of products with potential security risks
  • STS oil transfers anger UK's National Trust
    THE UK'S National Trust told Fairplay today it is worried about the government's plan to allow ship-to-ship oil transfers off Suffolk
  • China copper imports rise
  • Vinashin knock-ons feared
  • DSME sales target is $10Bn
  • Panamax rates tied to Indonesian coal
  • Report warns of China box tariff rise

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The Journal of Commerceweb site
DECEMBER 10, 2010
  • Letters Show Teamsters Considered ABF-YRC Merger
  • Truckload Carrier Celadon Signs $50 Million Credit Deal
  • Consumer Confidence Index Hits Six-Month High
  • Buried Cash Tied to Docks Payoff, say Feds
  • Price-Fixing Cartel Targeted Valentine's Day, Mother's Day
  • Frankfurt Cargo Hit Monthly High in November
  • Exports Jump 3.2 Percent to Two-Year High
  • Court Blocks High-Rise Development at Miami River
  • Air Freight Prices Jump 6.2 Percent
  • Intermodal Opportunity
  • Limitations Vary on Older Freight Bills
  • Dedicated to Recovery
  • Reality Shows
  • 2010 Dedicated Contract Carriers

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Containerisation Internationalweb site
DECEMBER 10, 2010
  • Is shipping in danger of losing its virginity?
    Known for his appetite for 'apparently unachievable challenges' it is perhaps surprising that Richard Branson has not to date launched a container line to dovetail neatly into his Virgin Atlantic airline and Virgin Trains businesses; but instead the once 'global warming sceptic' entrepreneur, now an Al Gore convert, has channelled his publicity bandwagon from the Carbon War Room bunker towards 'victory in the shipping battle'.
  • FMC to increase oversight to facilitate co-operation
  • 'High noon' for the euro in 2011?
  • CMA CGM to introduce Customs charge
  • Maersk brings back AE9 service
  • Gloomy outlook for SA business in 2011

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TradeWindsweb site
DECEMBER 10, 2010
  • Sovcomflot ponders its options
    Leading Russian tanker group licks its wounds in bribery case but scores victory in commissions claim.
  • 'Resounding victory' for Skarga
    Exonerated former Sovcomflot boss looks forward to the New Year while Yuri Nikitin stays focused on case.
  • Pirates raid MSC boxship
    Swashbucklers with RPGs sail below the Somali Basin to hijack containership operated by affilate of US-listed owner Ultrapetrol.
  • Courtroom capers
    From hospital dramas to Nikitin's fridge and Skarga's marital affairs, the Sovcomflot trial has thrown up some choice quotations.
  • Euroseas bulker nears freedom
    Hijacked Aristides Pittas-owned panamax and 23 crew close to release after ransom dropped.
  • Yard giants forge arctic alliance
    STX Finland and Russia's USC look to build icebreakers with politically charged joint venture.
  • China Shipping scraps seven
    Hong Kong-listed China Shipping Development makes good on a promise to clean house as set of 224,000-dwt bulkers hit the bricks.
  • Sovcomflot nails Nikitin
    Yuri Nikitin and others told to pay unspecified damages as Dmitry Skarga escapes censure in Sovcomflot corruption trial.
  • Skarga 'did not enjoy great wealth'
    Judge finds no evidence the former Sovcomflot boss received huge payments while in control of the Russian shipowner.
  • Izmaylov 'not dishonest'
    Luxury holidays with 'charming' Nikitin not bribery of ex-Novoship boss Tagir Izmaylov, judge says.
  • Sietas wins wind ship
    German yard seals newbuilding order from Van Oord for offshore wind farm installation vessel.
  • Statoil takes COSL rig
    Norwegian oil company takes semi-submersible newbuilding COSL Pioneer on five-year charter.
  • Quotes of the week
    FIS boss John B breaks into the Swiss bank and Kayne Anderson is unmasked as a gorilla in our midst.
  • Aframax price tags set to tank
    Price tag of aframax tankers set for a significant drop if chat of a Japanese sale rings true.
  • Wells Fargo issues Genmar alert
    Equity analyst at US banking giant says S&P rating cuts may take a toll on tanker owner's stock price.
  • Novorossiysk picks bank
    Russia's largest port operator by cargo volume has secured funding worth $1.95bn from Sberbank.
  • New5 in Numb3rs
    Analyst spots a black hole in DryShips' rig offer while Fred Cheng says a Navios pay-cheque will not be his only shipping income.

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American Shipperweb site
DECEMBER 10, 2010
  • Maersk calls for 'carbon distance' labeling
  • Santa, I think these guys are in your backyard!
  • Delta names Ferri VP Latin America, Caribbean
  • Mica to lead House T&I Committee
  • Schenker buys Livingston truck/warehouse unit
  • Greenbrier gets order for 2,000 railcars
  • Swiednicki named COO at KOM
  • FMC reviews 8 OTI license applications
  • Panama Canal reopens after flooding

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The Scandinavian Shipping Gazetteweb site
DECEMBER 10, 2010
  • STX Finland and USC in joint venture
    STX Finland Oy and the state-owned Russian company United Shipbuilding Corporation have formed a 50/50 joint venture, Arctech Helsinki Shipyard Oy, which will purchase the Helsinki shipyard from
  • Spanish switch off Somalia
    The Spanish combat replenishment ship Patino will join the EU Navfor fleet fighting piracy off Somalia. On December 14 Rear Admiral Juan Rodriguez and his crew of 148 will assume

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The Bunker Bulletinweb site
DECEMBER 10, 2010
  • Bunker markets see little change
    Crude futures drop as China tightens bank-reserve requirements.
  • New Orleans player begins LSFO supply
    First batch of ECA-compliant fuel sold out, hoping to offer regular supply in the new year.
  • Fujairah IFO prices soften
    Product availability very restricted in Durban, according to sources.
  • Bunker prices 'stable'
    'Very low' avails of LS 380 cSt product in Rotterdam.
  • IOC sells four fuel oil parcels
    Increase in export volumes 'due to refinery expansions'.
  • New trader for Polish supplier
    Barbara Ogiejko joins Ship-Service SA.
  • Russian single-hull bunker tankers face new deadline
    Major players 'have been preparing' for the MARPOL double-hull requirements.
  • Scrubbers: Technical problems 'can be overcome'
    Scrubbing technology 'will be financially viable' for ships operating in ECAs.
  • Bunker prices firm as week closes
    Mixed demand at Asia's key bunker ports, traders say.
  • US port to launch cold ironing facility for ships
    Shore-side electrical system will initially power one ship at a time, according to port authority.
  • Hong Kong bunker avails stable into January
    Supply tightness in the market has eased, according to local traders.
  • Titan to sell majority stake in shipyard
    Signs agreement to sell 95% stake in its shipyard in Quanzhou, China for $367 million.
  • Owners keen to use ISO 8217:2010
    Some already testing against revised standard, questions over extra cost of fuels that meet latest requirements.
  • Policy on STS transfers set to be altered
    Plans to instil a regime that will restrict transfers outside harbour authority areas to a single designated area within the UK Territorial Sea.

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