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27 January 2020 The on-line newspaper devoted to the world of transports 12:50 GMT+1

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The Business Timesweb site
SEPTEMBER 20, 2010
Shipping News
  • Baltic falls further despite stronger outlook
    The Baltic Exchange's main sea freight index continued to fall on Friday although the outlook for the end of the year was bullish, according to a poll on Friday.
  • Fredriksen revises Chinese vessel orders
    Shipping companies led by Norway-born billionaire John Fredriksen renegotiated the terms of orders for oil tankers and coal and iron ore carriers due to be built by a Chinese shipyard.

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Sched Netweb site
SEPTEMBER 20, 2010
  • Rates start to fall as new capacity makes space easier to find
  • Carriers press for costly low-sulphur fuel use in Hong Kong
  • MSC to sue Kalijia 3 owners as Mumbai port ponders suing MSC
  • CSAV to increase Asia-Med capacity by 19pc
  • Sakhalin Shipping offers Shanghai-Vladivostok service
  • Maersk Line merges Black Sea feeders
  • Huizhou Port receives first international box service
  • Russia looks to China's for investment in outlying regions
  • Kenya to build US$1.4 billion multi-purpose port at Lamu
  • Singapore's July month-to-month retail sales up 3.2pc
  • NYNJ Port Authority grants US$1 billion for raising Bayonne Bridge
  • UPS offers 'fast steaming' ocean freight service
  • Dragonair starts further daily to Shanghai Hongqiao
  • Russia's ABC adds Paris to growing service network
  • Asiana Airlines' makes first flight to Atlanta

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Exim Indiaweb site
SEPTEMBER 20, 2010
  • DGS report blames Khalijia 3 for Mumbai Harbour channel mishap
  • Indian-flagged ships' capacity exceeds 10-m GT on Sept. 1
  • LR-I product tanker added to SCI fleet
  • Sailings continue unhindered at Mumbai, JN Ports-DGS
  • Shipyards receive 55 fresh boxship orders
  • Anti-dumping duty on polypropylene resented
  • Exports of Basmati booming despite EU distaste
  • Soyameal exports set to surge
  • CoPT & CCHAA to jointly manage pre-stage facility ops
  • JNPT's port-based SEZ among 11 proposals cleared
  • Professional body on coastline management formed
  • Role of policy framework, infra in efficient port operations stressed
  • Arshiya International not to be affected by Railways' new haulage policy
  • Rlys seeks EoIs to set up perishable cargo centres
  • 3.5 m tonnes sugar may be exported
  • August trade gap widens to 23-month high
  • CITI seeks suspension of cotton exports
  • Fieo hopes to surpass export target to reach $ 210 bn
  • FM sticks to 8.5 pc growth rate for 2010-11
  • IT firms advised to tap new markets
  • MNC units may be allowed to file tax returns sans scrutiny
  • MoU with China to boost investment in highways soon
  • PowerMin to go ahead with import duty
  • RBI's rate hikes opposed

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International Transport Journalweb site
SEPTEMBER 16, 2010
  • Major Norbert Dentressangle investment in UK
    Norbert Dentressangle Transport Services has invested in 33 new vehicles to support customer growth in its UK specialist services operations. The new vehicles include 26 Renault Mi...
  • Arvato Services expanding transport management services
    Arvato Services, a German logistics service provider that belongs to the Bertelsmann Group, now offers large customers added in-house transport solutions. The firm has opened a spe...
  • In Time Express growing in Hungary and Germany
    The German courier and express service provider In Time Express Logistik is adding operational space at several branches, in response to recent growth in the number of consignments...
  • German shipping industry expects freight rates to decline further
    A survey conducted by Roland Berger among liner and charter shipping companies, issuing companies and banks has found that the German shipping industry has not yet fully recovered ...
  • Accident at India's largest container port hampers operations
    An accident at Jawaharlal Nehru Port, India's largest container hub, held up ship movements at one of its six berths for ten days and caused huge losses. The "Lahore Express"...
  • August container traffic surges 24% in LA and Long Beach
    Container traffic through California's twin ports of Los Angeles and Long Beach rose by 24% last month compared to one year ago. This represents the highest level for LA since Augu...
  • WTO comes to decision on EU case against US over Boeing
    The World Trade Organization (WTO) has come to a decision on a case brought by the European Union concerning possibly illegal US subsidies for Boeing. The provisional decision, whi...

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Marine Logweb site
SEPTEMBER 19, 2010
  • Allen: Macondo well is dead
  • BAE Systems seeks role in Brazilian Navy shipbuilding
  • Salvage pioneer David Gray Parrot dies at 65

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World Wide Shipperweb site
SEPTEMBER 17, 2010
  • Agencies working together on wetlands preserve project
  • US rail intermodal count continues string of record weeks
  • Mitsui named to list of socially responsible firms
  • Crowley announces passing of TITAN Salvage founder
  • Matson expanding service covering China to Long Beach

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Lloyd's Listweb site
SEPTEMBER 17, 2010
  • FIS ready to roll out electronic trading platform
    London broker set to launch Singapore based exchange to rival Baltic Exchange central screen
  • Shipbrokers refuse to back Baltic central screen
  • Mixed reaction to dry central screen
  • Baltic plans FFA central screen by end of year
  • ICAP developing ship steel plate swaps
    Broker developing futures product that will enable yards to better manage price...
  • MHI warns over Japanese steel prices
  • Asian shipowners say stronger action needed on South China Sea piracy
    More efforts must be made to prevent crime in the seas off Indonesia and Malaysia.
  • Singapore maritime trusts look forward
  • Maersk to increase use of Singapore flag for new vessels
    Goal is to add 30 vessels to current 77 over the next three years.
  • Kolding seeks Net benefit on bookings

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Fairplayweb site
SEPTEMBER 17, 2010
  • Fredriksen restructures orderbooks
    FRONTLINE today said it has restructured its VLCC newbuilding orderbook at Chinese shipyard Jinhai HI
  • Behind Fredriksen's moves
    MARTIN Korsvold, shipping analyst at Pareto Securities in Oslo, has concluded that John Fredriksen emerged from today's newbuilding roulette with "essentially one VLCC for free, which is not bad"
  • VLCC surplus drops, rates firm
  • MSC might sue bulker owner
  • Greek conflict restored too
  • BDI extends fall to 300 points
  • HSH picks ship finance chief
  • Matson expands China service
  • Hurricane menacing Mexico
  • Tomato plot smoked out

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The Journal of Commerceweb site
SEPTEMBER 17, 2010
  • Puerto Rico Carriers Offer $52 Million in Price-Fixing Suits
  • Short Lines Haul Most Intermodal Loads of 2010
  • Bahamian Truckers Protest New MSC Policy
  • CN Signs Accords with Ocean Terminal Operators
  • Pacific Northwest Container Imports Rise Sharply
  • Trucking Group to Seek Reversal of Clean-Trucks Ruling
  • Truckload Spot Market Volume Slips 14 Percent
  • Intermarine Denies Reports of Sale
  • Coast Guard to Hold Public Meeting on Vessel Routing
  • Consumer Sentiment Slips in Michigan Survey
  • UK Investigates Truck Makers for Price-Fixing
  • MSC to Sue Khalijia-3 Owners in Mumbai Collision
  • Dynamex Boosts Profit 55 Percent, Improves Liquidity
  • Disconnecting the Dots
  • Offsetting Dispute Sets Off Shipper
  • Terminal Projects Anchored
  • Shippers' Trust
  • Beluga Said to Eye Intermarine Takeover
  • Tacoma Names Chief Commercial Officer
  • Investing Indices Note MOL for Social Responsibility
  • CSX Terminal in Ohio to Bypass Chicago
  • Matson Launches Second Trans-Pacific Service

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Containerisation Internationalweb site
SEPTEMBER 17, 2010
  • The slow boat to anywhere
    Recently Maersk Line made a bold statement in a customer advisory that in the area of on-time delivery, slow steaming had been critical. 'By improving schedule reliability, slow steaming helps to ensure that our customers' products arrive at their destination on time.
  • Shippers welcome FMC demand - as TSA slams it as 'burdensome'
  • New barge terminal for Paris
  • Yangtze River's Wuhu port to expand
  • European ports ask EC for more money
  • Commission proposes to extend Singapore liner block exemption

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TradeWindsweb site
SEPTEMBER 17, 2010
  • ITC holds on to Chevron charter
    Oil major decides not to axe bareboat deal for John Fredriksen-controlled owner's VLCC.
  • Stolt banks more refund cash
    SLS Shipbuilding of Korea coughs up another $211.3m for six delayed parcel tankers.
  • Aker Drilling dealt winning hand
    Norwegian offshore player parlays deepsea drilling contract into $400m payday.
  • Bermuda braces for Igor's blast
    Bernard Schulte and Bermuda-bound cruise giants rejig tea times and beachside bashes as storm stirs the Atlantic.
  • Samho Dream 'off Garacad'
    Hijacked Korean VLCC said to have swapped one pirate lair for another after mysterious wander.
  • Fruit fuels Fischer foray
    Brazilian reefer owner splashes $13.5m to freshen up US fruit juice facility.
  • Cosco Corp bags bulkers
    Chinese yard group to build two vessels for European owner in $51m deal.
  • Bollinger bags $166m option
    Bayou-based shipyard lands bigger bite of USCG's $1bn spending spree.
  • Quotes of the week
    Robert Bugbee takes the 'fun' out of 'market fundamentals' and Sevmash proves no archangel for Odfjell.
  • NOCC seals $33m bond swoop
    Lars Solbaken-led car carrier owner lines pockets after completing "contemplated" bond issue.
  • Frontline adds VLCC in China
    John Fredriksen's tanker giant negotiates price cut for four ships at Jinhaiwan, while signing up for fifth vessel.
  • Canadian ferry plans scrapped
    Coastal Link gives up on run to Vancouver in face of competition from "subsidised" BC Ferries.
  • Vilmaris makes second swoop
    Komrowski-backed investor snaps up new supramax from Meadway for $33m.
  • Daewoo wing has IPO designs
    Shipbuilder's unit Daewoo Ship Engineering makes long-awaited application for listing in Korea.
  • New5 in Numb3rs
    How many IRISL ships has a French bank clamped and how long should one hold a suspected 'prostitute'?
  • Hamworthy in China gas haul
    UK company bags $31m ethylene carrier cargo-handling order from Chinese shipyard.
  • Stroke fear on German tanker
    USCG rushes to rescue 22-year-old who suffered suspected stroke on German tanker Seacod.
  • Golden orders two more
    Herman Billung-led bulker owner Golden Ocean inks panamax pair at Jinhaiwan and converts two kamsarmaxes.
  • Twelve vie for port contract
    Ports companies bid for 36-year licence to run southern Iskenderun terminal.
  • NofE seeks Asia backing
    Paul Jennings-led North of England P&I club looks for support against EC competition investigation.
  • GCL shifts gears
    US ro-ro player emerges from bankruptcy with fresh lease on life but shipowning may not be in the cards, sources say.
  • Konecranes in India deal
    Finnish manufacturer wins deal to supply port cranes and RTGs to Visakha Container Terminal.

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American Shipperweb site
SEPTEMBER 17, 2010
  • Container rates start to soften
  • Singapore proposes to extend liner immunity
  • MSC plans to sue over Mumbai collision
  • Panalpina adds 747 freighter service
  • White House releases NEI report
  • U.S. files 2 WTO cases against China
  • Ex-Im Bank approves $110 million in financing
  • FMC reviews 10 OTI license applications
  • DP World debt outweighs Dubai World assets
  • Savannah container volume up 9.7%
  • New Orleans realizes cargo gains

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 17, 2010
  • Frontline in new yard deal
    Frontline, which has placed its large VLCC newbuilding programme at the Chinese shipyard Zhoushan Jinhaiwan, has renegotiated the size of the series. At first Frontline ordered six VLCC newbuildings at
  • Laid up coaster sold to Russia
    The laid up coaster Malene has been sold to a Russian buyer ' the vessel will now be registered at the Marshall Islands. The Malene has been laid up at Svendborg
  • Nordane takes delivery of Canadian built tug
    Nordane Shipping of Svendborg has taken delivery of its very last Canadian-built tug. The tug, hull no. E97 from Irvine Shipbuilding Inc in Quebec, was named Stevns Battler in

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The Bunker Bulletinweb site
SEPTEMBER 17, 2010
  • US bunker prices go their own way
    Crude oil futures settle at lowest price since August 31.
  • Bunker prices firm in northern Europe
    Barging congested for prompt deliveries in Hamburg.
  • Prices end the week with slight gains
    NYMEX were showing slight losses in early trading.
  • WFS to raise up to $219 million for 'corporate purposes'
    Public offering of common stock priced at $25 per share.
  • 'No realistic replacement' to carbon-based fuels in next 25 years
    DNV chief predicts 20-30% improvements in energy efficiency and says ships must be built with flexible fuel solutions.
  • Ship detained for breaking sulphur regulations
    UK's Maritime and Coastguard agency holds car carrier for two days.
  • Fuel oil loadings unaffected by fire at PDVSA terminal
    No notification of any disruption, says trader.
  • Week ends with 'mostly stable' bunker prices
    Demand in key Asian bunker hubs mostly average on Friday.
  • Underwriters see scant evidence of engine damage from LS bunkers
    Only one low-sulphur fuel-related claim cited at IUMI conference.
  • Demand for natural gas to 'grow significantly'
    Owners of marine vessels are considering natural gas as a 'preferred fuel' in emissions sensitive high population areas, says senior advisor of CSIS.
  • Karachi struggles with IFO supply shortage
    Bonded 380 cSt product still not available, 180 cSt supplies vary from supplier to supplier.
  • New trader joins Chemoil-Adani
    Experienced trader holds a masters degree in oil trading.
  • Chimbusco bonded bunker sales up 4.7% in August
    Sells 25-27% more bonded bunkers in the first eight months of 2010 compared to the same period in 2009.

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