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01 October 2020 The on-line newspaper devoted to the world of transports 21:23 GMT+2

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The Business Timesweb site
APRIL 19, 2010
Shipping News
  • Baltic index climbs for 4th day on BHP speculation
    The Baltic Dry Index, a measure of shipping costs for commodities, climbed for a fourth day on speculation that mining company BHP Billiton Ltd booked a coal and iron-ore transporter.
  • Australia to extend Barrier Reef tracking system
    Australia yesterday said it would extend a satellite ship-tracking system to cover all of the massive Great Barrier Reef after a Chinese ship ran aground threatening an environmental catastrophe.

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Sched Netweb site
APRIL 19, 2010
  • PIL, Wan Hai resume Far East-northern Europe service
  • MSC adds 2 calls, 2 ships to its Asia-Mideast-Med Falcon run
  • Jakarta port riot kills three, but shipping resumes
  • Seaspan boss: Deeper downturn needed to force consolidation
  • Australia's Mariana Express Line calls at Tianjin port
  • HK customs seize US$2 million in UK-bound cigarettes
  • CSAV volume up 44pc to 204,100 TEU in March
  • Virginia Ports March container volume rises 22.3pc
  • OOCL adds eFolder to its My OOCL Centre's ePouch
  • Slovenia's Luka Koper retains Infinity as south-east Asian rep
  • Volcanic ash closes north European airports, costs US$200 million a day
  • Cathay, Dragonair cargo increases 22.9pc in March
  • US$439.5 million logistics facility opens near Guangzhou airport
  • China Eastern resumes Taiyuan-Taipei service
  • BA forecasts 10pc growth in African traffic in four years

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Exim Indiaweb site
APRIL 19, 2010
  • CSAV NORASIA to upgrade IMEX service
  • Smashing into Great Barrier Reef, ship stuck for a week
  • 53 years young, JBS group looks ahead to new challenges
  • Dhaka spinners oppose yarn imports from India
  • USDC begins review of shrimp anti-dumping duty
  • FTA with Israel seen trebling trade
  • HCC to build dry dock for Navy
  • Krishnapatnam port sets a 'fine new loading record
  • Major Ports directed to instal radiation detectors
  • Gati sails' into Rs 4.11 cr. profit in 4th quarter
  • Skies clear for take-offs
  • Major global logistics park to come up in Raigad
  • Only slight fall in cargo traffic at ICD-Tughlakabad after blaze
  • CMIE sees robust 9.2 pc growth in 2009-10
  • Move to deter cotton yarn exports decried
  • Pulses export by SEZ issue sent to CCEA
  • Optimistic on exports, Khullar still sees grey areas
  • Garment producers to raise prices in phases
  • CBDT panel weighing MAT options
  • Move to ease SEZ land contiguity norms
  • IMC taking team on 'Shalom Israel' from April 24
  • Saudi King may come calling
  • Seminar on telecom supply chain

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International Transport Journalweb site
APRIL 15, 2010
  • ID Logistics opens new logistics centre
    The French logistics enterprise ID Logistics recently opened a new logistics platform in southern France for its customer Leroy Merlin, a French do-it-yourself chain store. The 54,...
  • FedEx Express launches first overnight service from Hong Kong to Europe
    FedEx Express, a subsidiary of FedEx Corp, has become the first provider to offer an overnight service from Hong Kong to Europe, according to the company. To accomplish this FedEx ...
  • Wallenius Wilhelmsen Logistics obtains greenhouse gas certification
    Wallenius Wilhelmsen Logistics, a global shipping and logistics company based in Scandinavia, has become the first shipping company to receive formal third-party verification of it...
  • New Ulm'Melzo shuttle with stop in Niederglatt
    Intercontainer-Interfrigo SA, headquartered in Basel (Switzerland), has been operating a new overnight shuttle service between Ulm (Germany) and Melzo (Italy), with ...
  • Crash of Mexican A300F kills six people
    An A300B4-200 freighter operated by the Mexico City-based cargo carrier AeroUnion crashed on approach to Monterrey (Mexico) at around 23.00 local time Tuesday, hitting a roadw...
  • Marc Y. Bruneau joins Montreal Port Authority board
    Michel M. Lessard, chairman of the board of the Montreal Port Authority (MPA), said that the government of Quebec (Canada) has asked Marc Y. Bruneau to join the boar...

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World Wide Shipperweb site
APRIL 16, 2010
  • Coast Guard District Commander temporarily relieved of duties
  • NASSCO begins construction on thirteenth T-AKE vessel
  • Port of Seattle honors ties to Japan with cherry tree planting ceremony
  • Northwest firms in-line for MarAd grant funds
  • US rail freight traffic continues upward swing

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Lloyd's Listweb site
APRIL 16, 2010
  • Panamax surplus forecast to send rates crashing to 2002 levels
    Surplus of up to 261 panamax bulkers by the end of 2010
  • Iranian VLCCs back on storage duty
    As many as 18 vessels owned by national tanker company now deployed off coast
  • Newbuildings find work but single-hull phase-out to keep rates buoyant
    Third of new suezmaxes delivered this year from shipyards found employment on the spot market.
  • APL charters MISC newbuilding pair
    Singapore line charters two 8,500 teu ships originally committed to Malaysia's MISC
  • UASC to revive Asia-northern Europe service
    Line to re-launch its Asia-northern Europe AEC1 service, suspended in December 2008

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Fairplayweb site
APRIL 16, 2010
  • Volcanic boon for ferries
    Ash from Icelandic volcano has disrupted flightsP&O FERRIES told Fairplay today demand for its services is "unprecedented" after volcanic ash closed down airports across Britain and northern Europe.
  • US Navy: follow the pirate loot
    A TOP US military official has reportedly recommended tracking the spoils of piracy as a way of cracking down on attacks against commercial vessels
  • Tallink reduces losses
    ESTONIAN ferry group Tallink has announced losses of 255M kroons ($22M) for the second quarter of its financial year
  • Croatia extends yard deadline
    CROATIA today announced that it has extended the deadline for prospective investors to bid for its six government-owned shipyards
  • Spat over JWP rekindled
    THE TUG-of-war over timing for the planned 2.7M teu deepsea box terminal in Wilhelmshaven is becoming more acute
  • Iran sanctions move closer
    US CONGRESS appears poised to advance its unilateral plan to sanction international companies importing refined products to Iran
  • Tax break electrifies Gothenburg
    GOTHENBURG'S port told Fairplay today it welcomes the Swedish government's proposal for a tax break on onshore power supply for vessels

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The Journal of Commerceweb site
APRIL 16, 2010
  • Oil Distillates Market Improves
  • Electro-Motive Opens Refit Center in Mexico
  • Hoffa Backs Bid to Block Mexican Trucks
  • Wan Hai Joins India-Far East Service
  • Short Line Volume Spikes
  • LaHood Views Panama Canal Expansion Work
  • Inventories to Stay Lean
  • Housing Construction Shows Life
  • U.S. Manufacturing Growth Accelerates
  • DOT Workers to Receive Back Pay
  • Shipowners Swap Fees for Stake in CSAV
  • CMA CGM Ups Black Pearl Frequency
  • Japan Ship Orders Fell Steeply in 2009
  • LA-Long Beach Container Volume Gains
  • Canadian National Promises Better Attitude
  • Volcanic Ash Shuts European Airports for Second Day

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Containerisation Internationalweb site
APRIL 16, 2010
  • Fledgling liner gets ready to roar
    With the echo from the last delegates to leave CI's Global Liner Shipping Conference in London this week beginning to fade, and keynote speeches already electronically transcribed into shipping headlines around the world, there is nevertheless no lull in industry news; it is after all a big week for the new carrier kid on the block, The Containership Company (TCC).
  • Taipan pirates to test Dutch & German legal minds
  • IMO inches forward on shipping emissions
  • US west coast ports continue bounce
  • UASC confirms new Asia/N.Europe service
  • Holed boxship to undergo temporary repairs

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TradeWindsweb site
APRIL 16, 2010
  • Transpetro confirms LPG order
    Brazilian shipyard scores massive tender for eight LPG newbuildings ordered by transportation arm of domestic oil giant Petrobras.
  • Boyden buoys Safe on bulker buy
    An analyst at Cantor Fitzgerald says Safe Bulkers is well positioned for further fleet foray following company's kamsarmax kick.
  • Rex rests conflict fears
    Rex Harrington says his dual directorships at Navios Acquisition and Genmar will not violate a US anti-competition law.
  • Reef short cut turns costly
    Officers of Japanese owned handymax fined $195,000 for risking Australian spill.
  • Safe slates two in China
    Polys Hajioannou-led shipowner taps cash from March equity issue to pen a pair of kamsarmax newbuildings.
  • Maersk ship held in Nigeria
    Danish boxship detained in Lagos after one container suspected of carrying toxic waste.
  • D'Amico crewman rescued
    USCG rushes to aid of Italian seafarer taken ill onboard suezmax off coast of Texas.
  • Volcanic eruption hits TradeWinds
    Distribution of this week's edition of the shipping industry's favourite newspaper is delayed by European flight cancellations.
  • Troim takes up Seadrill stock
    John Fredriksen's lieutenant buys 10,000 Seadrill shares on its New York debut.
  • Michelet nets farewell pay rise
    Imarex founder Herman Michelet books bigger salary and bonus in his final year in the CEO's seat.
  • Royal approval for Acergy
    Royal Bank of Scotland raises full-year estimate for offshore player by 25% and upgrades to buy.
  • Camillo Eitzen redraws loan terms
    Oslo-listed shipowner makes $20m payment and must "monetize" assets as new bank pact kills off need for share sale.
  • Qatar Nav takes over Q-Ship
    Chairman hails growth prospects as container line completes merger with tanker compatriot.
  • Gdansk yard claws its way back
    Tough-going for iconic Polish shipbuilder but new outsourcing orders ease the pressure.
  • Cleaning up their act?
    Hong Kong detained only one vessel during March, a Cambodian-flagged general cargoship.
  • New5 in Numb3rs
    Nobu Su's TMT ends two-year ordering freeze, while Sophocles Zoullas remains top of the US-execs' pay league.
  • Davie lays off more workers
    Restructuring Canadian shipbuilder to lose another 100 jobs, albeit temporarily.
  • Ugland estate divvied up
    Grandson of recently-deceased Norwegian shipowner Johan Jorgen Ugland gets majority share.
  • Shih Wei way short of profit
    Taiwanese bulker owner posts big drop in earnings after tough 2009.
  • Gearbulk to stay anchored in UK
    Open hatch bulker operation will not follow other Jebsen ventures in moving to Norway.
  • Quotes of the week
    Aristotle Onassis' bipolarity revealed and US president Barack Obama takes the fight to Somali pirates.
  • BLT slips to large loss
    Dip in revenues and high costs sent Indonesia's Berlian Laju Tanker into the red in 2009.
  • Daesun bags bulker orders
    Handysize deals could cost $120m at South Korean yard as Europeans pen five firm and optional contracts.
  • Weather hits Shen Neng inspection
    Divers may have to wait days to survey hull of Chinese bulker which grounded on Australian reef.
  • Malavika oil cleaned up
    Indian authorities recover nearly all fuel oil that spilled from Essar bulker hit by barge.
  • Croatia extends yard deadline
    Government gives potential buyers another month to grab six shipbuilders.
  • Pipavav eyes rig deal
    Indian shipyard wants entry into oil and gas market as it lines up takeover of western European owner.
  • Seadrill in US trading debut
    Thursday saw John Fredriksen's oil rig company start trading in the US after gaining NYSE listing.
  • CSAV seals equity swap
    German shipowners take stake in troubled Chilean liner company in return for $360m investment.
  • Tallink cuts costs and losses
    Second quarter more positive for Baltic ro-ro player, but deficit still $22m.
  • Xiamen Port's profits slide
    Full year results at Chinese port group impacted by harsh trade conditions and fierce competition.

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American Shipperweb site
APRIL 16, 2010
  • NYK in coal deal
  • Coast Guard: Ship master appeared intoxicated
  • FMC's Dye suggests caution on reforms
  • Service focus pays off, Deutsche Post DHL CEO says
  • Cathay air freight up 22.9% in March
  • Landstar: Freight environment improving
  • Hub Group to buy 2,000 containers
  • New company to take over Agility-U.S. contract
  • Descartes completes Porthus acquisition
  • Report: Port truckers can't afford maintenance
  • Rotterdam sees cargo volumes rise

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The Scandinavian Shipping Gazetteweb site
APRIL 16, 2010
  • Hammerodde back in service
    Bornholmstrafikken's Hammerodde is back in service between R'nne and K'ge after a two months long refit at the STX Europe Shipyard, Helsinki. The ferry has been outfitted with an extra''
  • Shen Neng 1 ship owners apologise ' accident caused by fatigue
    Hu Wei, spokesmen of Shenzhen Energy Transport who owns Shen Neng 1, apologize for the problems caused by the ship grounding on the Great Barrier Reef. 'We are fully committed

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The Bunker Bulletinweb site
APRIL 19, 2010
  • Bunker prices close in on $500Bunker markets see crude prices plunge
    Oil markets spooked, bunkers mostly wary.
  • Stable prices across Europe
    NYMEX showing losses of almost $2 in early trading.
  • Softening prices in Fujairah
    NYMEX showing losses of more than $2 in early trading.
  • Quarterly oil price forecast turns bullish
    New 'oil strength' index from Global Risk Management upgraded from 'neutral' position.
  • Middle East and East Asia fuel oil markets both heavily supplied
    Another Saudi cargo comes onto the market as Fujairah bunker prices hold well below Singapore.
  • Algeciras bunker sales buck overall port trend
    Decline in first quarter bunker volumes despite more than 6% increase in port throughput.
  • Brightoil to start Rotterdam operations within three months
    Executive director says long-term plans call for expansion to Houston.
  • Bunker prices generally firming
    Busan bunker market sees some of the sharpest increases.
  • IBIA appoints vice chairman
    Bob Lintott will succeed Mike Ball as chairman in 2011.
  • Sinopec (HK) to get first bonded fuel cargo in Shanghai
    A 380-cSt fuel oil cargo is due to arrive on April 20.
  • Ship operators must not underestimate impact of lubes
    Proper use of marine lubricants can make the difference between profit and loss.
  • Brightoil subleases Horizon Terminal storage
    Brightoil clarifies it has no direct contract with the terminal in Singapore.
  • Singapore fuel oil stocks at fresh high
    More than 25 million barrels have accumulated.

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