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08 August 2020 The on-line newspaper devoted to the world of transports 05:36 GMT+2

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The Business Timesweb site
DECEMBER 15, 2010
Shipping News
  • Chinese banks scaling back loans to ship owners, yards
    Chinese banks, avoiding dollar-denominated loans as the yuan appreciates, are scaling back funding to shipyards and vessel owners two years after the government told them to boost their commitment to the industry.
Strait Talk
  • Well deserved welfare award
    A COUPLE of weeks ago, Singapore received an accolade which may not have received a lot of attention outside the shipping industry. Nevertheless, being a joint winner (along with Barcelona) of this year's International Committee On Seafarers' Welfare (ICSW) Port of the Year award is an achievement that the country should be proud of.

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Sched Netweb site
DECEMBER 15, 2010
  • CMA CGM starts direct call Hamburg to Vietnam, FAL 3
  • First Nanjing-Ulsan container shipping line launched
  • China's exports rise 35pc, imports up 38pc in November
  • TNWA to start direct Vietnam to N Europe service in January
  • CAI seeks to raise US$30 million in IPO
  • NITC denies deploying armed guards to thwart pirate attack
  • Cathay-Dragonair cargo up 8.4pc in November to 153,572 tonnes
  • Winter weather expected to delay United Continental flights
  • UAE authorities resume air cargo services from Yemen

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Exim Indiaweb site
DECEMBER 15, 2010
  • EU adopts new Regulation amending GSP rules
  • Greatship takes delivery of platform/ROV support vessel
  • Rakesh Mohan heads transport development policy panel-Vasan
  • SCI asks ex-im trade to be ready for EU's ENS from Jan. 1
  • Kandla Port setting new benchmarks
  • Now, Coast Guard wants a berth at Beypore port
  • VISL invites RFQs from 31 parties
  • Growth projections get better
  • Industrial growth at 10.8 pc bursts thru' expectations bubble
  • October IIP rebounds to 10.8 pc

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International Transport Journalweb site
DECEMBER 13, 2010
  • Poste Italiane to support modernisation of Russian Post
    Poste Italiane will support Russian Post in its aim of modernising its postal network. Poste Italiane's managing director Massimo Sarmi and the general manager of Russian Post, Ale...
  • Aramex expanding in Asia
    Aramex, a Dubai-based Emirati global express, freight and logistics service provider, has announced a series of strategic acquisitions and partnerships in Turkey, Malaysia, Banglad...
  • Port of Charleston going strong
    The port of Charleston recently celebrated another deepwater milestone when it welcomed the 300th post-panamax ship to call there. The "MSC Stella", which has a 47 ft dra...

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Marine Logweb site
DECEMBER 14, 2010
  • Great Lakes Shipyard completes repairs to ferry
  • Pride International orders ultra - deepwater drillship
  • NOIA comments on new BOEMRE offshore drilling guidelines
  • Coast Guard names first woman to head U.S. military academy
  • Hapag-Lloyd orders 13,000 TEU containerships

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World Wide Shipperweb site
DECEMBER 14, 2010
  • Commerce secretary discusses surge in US export numbers
  • DOT launches new rules for commercial motor carriers
  • Celebration of 3-D movies onboard at Portland Airport
  • First woman superintendent to head Coast Guard Academy
  • Northwest Coast Guard units receive awards of excellence

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Lloyd's Listweb site
DECEMBER 14, 2010
  • UK set to cut coastguard centres by more than half
    Government set to confirm plans to shut centres
  • UK coastguard plans rescue centre cutbacks
  • UK coastguard braced for huge budget cuts
  • UK's emergency towing vessels in hunt for new work
  • Box lines set to rack up bumper $17bn profits
    Drewry predicts a stunning $36bn turnaround in fortunes from the heavy losses...
  • Box lines' 2010 earnings could reach record...
  • Hapag-Lloyd deal is worth $1.5bn says Hyundai Heavy Industries
    South Korean builder's orderbook now stands at $10.6bn for 80 ships
  • Niche and regional players hold their own...
  • ABP plans fifth cruise terminal at Southampton
    New $40.2m terminal to be built by 2014
  • Attention: ABP eyes Southampton military port

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Fairplayweb site
DECEMBER 14, 2010
  • Storms batter cruise image
    SEVERE weather across the world has led to escalating publicity woes for the cruise industry
  • Charleston appeals to Obama on dredging
    CHARLESTON port advocates are urging President Obama to provide federal dredging money despite calls to cut funds for special projects
  • India sounds terror alert
    INDIA'S Western Naval Command in Mumbai today issued a coastal terrorist alert
  • Valero primes Aruba refinery for a restart
    VALERO is restarting its dormant refinery in Aruba and has revealed a new plan to import LNG to the island
  • EC urges leniency on new cargo rules
    THE EC told Fairplay today it has asked member countries to show leniency towards shipping companies that fail to apply its new 24-hour advance cargo declaration rule in time
  • India logistics JV formed
    CONCOR has formed a logistics joint venture with Transport Corp of India
  • JSW raises port funds
    SAJJAN Jindal-led JSW Infrastructure said today it has raised $125M by selling a 10% stake in the US investment group Eton Park
  • Captain held in smuggling
  • Ship sinks at Alexandria
  • VLCC rates drop
  • Fire inquiry finds faults
  • China's iron imports fall
  • P&I investment income up
  • STX unveils 20-bulker order
  • Pakistan charters a second power ship

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The Journal of Commerceweb site
DECEMBER 14, 2010
  • Short Lines, Truck Stops to Gain in Tax Legislation
  • 6.2 Million Trucks Cross Eastern US-Canada Border
  • Shipbuilders Postpone Deliveries to OOCL
  • Exports Push NY-NJ Port Volume Up 11.6 Percent
  • Cargo Theft Soars in Holiday Periods
  • CEOs Raise Their Economic Outlook
  • Hapag-Lloyd Earns $631 Million Operating Profit
  • Global Airline Profit Forecast Takes Off
  • November Retail Sales Climb 0.8 Percent
  • Carriers Chasing Asia-Europe Market Share, Analyst Says
  • Hapag-Lloyd Orders Four Large Ships

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Containerisation Internationalweb site
DECEMBER 14, 2010
  • Carriers achieve mixed results in Q3 10
  • MSC: 'more vigorous' action needed against pirates
  • Hapag-Lloyd returns to ordering
  • China to appeal WTO's US tyre imports ruling
  • Saudi Arabia's box traffic stays strong

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TradeWindsweb site
DECEMBER 14, 2010
  • Banks launch Costamare coverage
    Scores of equity analysts race to stamp newly-listed containership owner with coveted ratings as 'quiet period' comes to a close.
  • Five survive pirate frenzy
    Sovcomflot, RBD Armatori and NATS ships avoid hijacking as quintet of vessels targeted.
  • Platinum ties up ACL acquisition
    US tug and barge giant says 80% of its shareholders have rubber stamped $777m takeover bid by Platinum Equity.
  • DHT pulls trigger on tanker
    Svein Moxnes Harfjeld holds the helm as New York-listed owner shells out $55m on VLCC.
  • Pride pens fifth drillship
    Pride International boss Louis Raspino says $600m drillship order is fuelled by strong demand for sophisticated floaters.
  • Reefer in trouble off Russia
    Hong Kong's Yuan An 77 springs a leak through hold cracks near Sakhalin Island.
  • No bank hype for Hapag order
    RBS notes German container line gave into temptation with HHI order but is not getting carried away with the deal.
  • Philippines opts out of Subic
    Government planning to sell 10% stake in Keppel-controlled shipyard.
  • Safe stamps two year pledge
    Greek owner Safe Bulkers chips away at 2011 charter cover with kamsarmax contract worth upwards of $13m.
  • STX orders 20 bulkers
    Huge $912m order from STX Pan Ocean split between sister yards in Korea and China.
  • MOL terminates Dyvi double
    Norwegian owner NOCC will pocket compensation cash after Japanese giant scraps charters three years early.
  • Goa going to Nigeria?
    Indian shipyard wants to invest in African industry and win patrol boat orders.
  • SCI staff say no thanks
    Indian owner's share offer proves unpopular with workers, who buy less than a fifth of allotment.
  • Order blitz sparks yard rally
    STX and HHI shares power up on the back of huge orders for bulkers and boxships.
  • Syria plots port resurgence
    Government to plough $800m into building container and bulk capacity by 2015.
  • PSV sales score for Siem Offshore
    Oslo-listed owner scoops $6m profit from modern PSV sale which points to a sharp rise in values.
  • Jolly Amaranto sinks in port
    Listing Messina ro-ro goes down in shallow water inside Alexandria harbour, Egypt.
  • Prayer boxes spark bomb alert
    Devout Jewish tourist mistaken for terrorist on New Zealand ferry after strapping on phylacteries
  • Sunken tug encased in ice
    Ann Marie sinks in freezing Saginaw Bay, as USCG eyes salvage operation.
  • Chinese banks scaling back
    Report shows Chinese lenders have reduced their share of global shipping loans for the first time in five years.
  • New cruiseship boosts TUI
    German operation grows profit after first full year of TUI Cruises division.
  • Hellenic Sea returns
    Hellenic Carriers bulker damaged in Amazon grounding back in operation after completing repairs.
  • Oman sets new ferry record
    Gulf nation says its Austal-built vessel Shinas has set new speed mark of 56.6 knots.
  • SapuraCrest profits slide
    Rohaizad Darus-led offshore contractor, in which John Fredriksen has a stake, hit by higher costs.
  • Wartsila wins UK order
    Finnish engine builder to supply propulsion plant for British environmental agency newbuilding.
  • Oil pumped from Tiger Spring
    Spill threat from grounded boxship nullified in Hooghly River, India.
  • TNWA plans Vietnam call
    The New World Alliance to expand JEX service to include call at Cai Mep and link to Europe.
  • PCA in Long Beach tie-up
    Panama Canal agrees accord to help promote trade between Latin America and US west coast port.
  • Hapag-Lloyd recovery continuing
    German container line adds EUR 150m to shareholder TUI's annual profit as it prepares to exit sector.

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American Shipperweb site
DECEMBER 14, 2010
  • Air Seychelles outsources to Jettainer
  • Old Dominion sets up in Casper, Wyo.
  • WTO favors U.S. duties on Chinese tires
  • U.S. supports Yemen's WTO membership
  • Agility to handle troop food supply through April
  • Casjens resigns from Panalpina board
  • K + N wins Henkel contract in Shanghai
  • Mayors want Charleston port deepened
  • Pellew departs PD Ports

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The Scandinavian Shipping Gazetteweb site
DECEMBER 14, 2010
  • Mærsk sells the last three M-class vessels
    A P Møller-Mærsk has reportedly sold three older container carriers to Mediterranean Shipping Company, MSC, for an undisclosed sum. A P Møller-Mærsk has not made any comments so
  • French reinforcement to EU Navfor
    On December 12 the French warship Jacoubet reinforced the EU Navfor operation off Somalia. The warship has a crew of 89. EU Navfor also confirms that the crude oil tanker

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The Bunker Bulletinweb site
DECEMBER 14, 2010
  • Fujairah bunker market generally firms
    Bunker prices mixed in Suez.
  • UK bunker spill under investigation
    250 metric tonnes of IFO leak from Greek bulker.
  • Rotterdam prices mainly soft
    In south European bunker hubs prices were generally firm.
  • New barge comes on station
    Orion says barge has pumping rate of over 150 metric tonnes per hour.
  • Carbon Counter highlights ferries' CO2 emissions
    Cross-Channel rail operator says carrying freight trucks by ferry generates 18 times more carbon emissions.
  • Russian bunker player opens UK office
    Rosneft Marine hopes 'to join the club of majors in the international market'.
  • Modest gains in Asian IFO prices
    Weak demand at key Asian bunker hubs, according to traders.
  • Andatee chief grabs more shares
    Has now purchased close to $0.3 million worth of the company's shares as part of a stock trading plan.
  • Fewer fuel oil cargoes to reach Asia in January
    January volumes higher than December estimates.
  • Fujairah to boost fuel storage capacity
    Number of storage tanks at the port will be doubled.

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