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01 October 2020 The on-line newspaper devoted to the world of transports 14:57 GMT+2

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The Business Timesweb site
DECEMBER 21, 2010
Shipping News
  • Shipbuilder Vinashin faces debt deadline
    Vietnam's nearly-bankrupt shipbuilder Vinashin faced a debt payment deadline yesterday as wider economic fallout from the state-owned firm's crisis prompted speculation of a government bailout.
  • Hyundai Group's bid for builder crumbles
    Hyundai Group's bid to buy control of South Korea's largest builder has collapsed after it failed to allay concerns about how it would pay for the acquisition.
  • Daewoo shares rise to 2-year high
    Daewoo Shipbuilding & Marine Engineering Co rose to a two- year high in Seoul trading after a unit and partners got approval from Papua New Guinea to operate a floating liquefied natural gas (LNG) production unit off the country.
  • 48 asylum seekers may have died off Australia

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Sched Netweb site
DECEMBER 21, 2010
  • SITC Int'l to build Qingdao logistics park phase two project
  • Carriers add capacity in slack season despite falling Far East-Europe rates
  • CKYH to offer six Far East-North Europe services
  • CSAV order two post-panamax vessels from Samsung
  • 29 ships taken and 363 people held captive by Somali pirates
  • IMO safety committee fails to win new lifeboat system vote
  • Global Air Cargo Advisory Group issues statement on security
  • Commercial aviation escapes UN climate tax after Cancun fizzle
  • French court makes manslaughter new risk in air crashes

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Exim Indiaweb site
DECEMBER 21, 2010
  • AADA to impose $ 250/TEU China-Oz bunker surcharge
  • Boxship charter rates fall in slack Q4
  • Cargotec to adopt new engine rules from Jan.
  • CMA CGM & DP World take delivery of first 2 gantry cranes for FOS 2XL
  • CMA CGM starts direct Hamburg to Vietnam call on FAL 3 service
  • DB Schenker Logistics offers customers mobile shipment tracking on iPhone
  • DGS IRS to hold workshop on ISM today
  • DP World welcomes OOCL to Aden Container Terminal
  • First Nanjing-Ulsan box shipping service launched
  • Hapag-Lioyd orders 10 mega vessels
  • H'egh Autoliners starts direct call from US, Gulf, S-E Asia & Japan
  • ISSA to implement new ship supplier standards from January
  • MPA to extend port dues rebate for ships handling transhipment vehicles
  • MSC to assess THC from Xingang & Japan to US
  • NYK Lineto launch Thailand-Vietnam-Singapore service
  • Offshore segment seen driving shipbuilding industrys fortunes
  • OOCL plans to order megaships
  • Shreyas forays into bulk coastal shipping
  • Syria to spend $ 800 m to develop ports & shipping
  • TNWA beginning direct Vietnam to N. Europe service next month
  • Wan Hai Lines, PIL to resume joint Black Sea service
  • Zim adds Qingdao & Xiamen calls on two Asia-Europe services
  • Hong Kong emerges top importer of Indian
  • All eco clearances in place, says MPSEZ
  • Aussie firm submits feasibility report on 6-berth Paradip dock system
  • Bharati puts off decision to set up shipyard in W. Bengal
  • TPT honoured for its 'green' initiatives
  • No service tax on Railway freight
  • Rlys wants dividend waiver for 5 years
  • Surface transport fair from today
  • BoA to consider new SEZ proposals on Jan. 14
  • Contract labour Act to be amended
  • Govt to help PSUs acquire assets abroad-PM
  • IFFCOs unit bags energy conservation award
  • Steel sector outpaces economic growth
  • Talks with Asean on services & investments under FTA deadlocked

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Marine Logweb site
DECEMBER 20, 2010
  • Transpetro to rebid eight product tanker newbuild contracts
  • Somali pirates seize bulker
  • P&I clubs warn of risks to ships posed by Venezuela narco law
  • Drydocks World Dubai books FPSO conversion
  • ST Marine books upgrade and repair orders

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World Wide Shipperweb site
DECEMBER 20, 2010
  • ATA truck tonnage index falls during month of November
  • Navios Maritime Holdings receives new Capesize vessel
  • Port of Portland program brightens holidays for children
  • Latest round of flooding has Corps checking levees
  • Ship suppliers association sets new higher standards

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Lloyd's Listweb site
DECEMBER 20, 2010
  • NYK seeks greater flexibility through boxship chartering
    Japanese giant admits owned tonnage hindered reaction to slump
  • NYK returns to the black
  • NYK boss cautious over box sector sustainability
  • Leading three Japanese lines fearful of rising yen
  • Leaked cables raise Panama Canal expansion fears
    Doubts raised over ability of winning consortium to deliver project
  • Panama Canal works to clear backlog
  • UAE-owned bulk carrier Orna hijacked northeast of the Seychelles
    Panama-flagged vessel attacked by pirates in two skiffs. Number of crew unknown
  • Piracy preparation begins earlier as danger...
  • MR product tanker values drop $5m in two months
    Larger crude vessels also see prices slide
  • Gas business shows signs of a revival in...

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Fairplayweb site
DECEMBER 20, 2010
  • GenMar gloom deepens
    RATINGS agency Moody's graded down General Maritime's debt today, joining a growing chorus of concern on the Peter Georgiopoulos-chaired tanker major
  • Bangladesh shipbreaking order upheld
    BANGLADESH'S High Court has upheld its order barring ships from entering the country's scrapping yards until its previous verdicts on the breaking sector are implemented
  • Atlanska Plovidba to profit
    CROATIA'S Atlanska Plovidba shipping company has predicted profits of $11M for this year, in contrast with a deficit of $3.2M in 2009
  • EU renews rope duties
    THE EU decided today to renew its tariffs on synthetic-fibre ropes from India
  • China-Pakistan deal to boost shipping
    CHINA'S currency accord with Pakistan over the weekend will give shipping a shot in the arm, Pakistani maritime sources told Fairplay today
  • Hanoi warned on ports
    LESS CAN be more, a leading shipping academic has warned Vietnam's ports sector
  • Ultrapetrol plans sale of convertible bonds
    MIXED fleet operator Ultrapetrol today disclosed plans for a convertible bond offering to fund growth, possibly in its Brazilian offshore segment'
  • Savannah's growth slows
  • Pirates hijack bulker
  • Armon takes over yard
  • Holed ship makes port
  • Slaughter by pirates feared
  • CESA warns on scuttled yard talks
  • Queensland plans pilot inquiry
  • Panama Canal doubts leaked

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The Journal of Commerceweb site
DECEMBER 20, 2010
  • Canada Seaway Chief Seeks Ballast Rule Change
  • Norfolk Southern, Virginia Sign Passenger Rail Accord
  • Diesel Price Rises to October 2008 Level
  • DOT Proposes Cell Phone Restrictions
  • Shanghai Index Falls 1.4 Percent
  • Truck Group Slams NY-NJ Stickers
  • Somali Pirates Hijack Bulk Carrier
  • Singapore Air Buys into China Cargo
  • Class I Rail Hiring Rises in November
  • NY-NJ Terminals to Close Christmas, New Year's
  • Q&A: Top Trans-Pacific Shipping, Trucking Stories of 2010
  • Sydney Port Draws Congestion Surcharge
  • APM Terminals to Develop Northern Adriatic Port
  • Container, Auto Volumes Grow at Georgia Ports
  • USPS Expects Busiest Mailing Day Dec. 20
  • Gantry Cranes Arrive at Marseille-Fos
  • Better Freight Through Chemicals
  • Brakes at the Border
  • Big Challenges for Small Carriers
  • The Lost Decade
  • Blocking That Diversion
  • The Bigger the Better
  • Who's Driving the Driver?
  • Rift Over RRIF Loans
  • For CSA, what's in a name?
  • Shock Absorbing on Safety Rule
  • Exporters Take Control
  • FMC to Shippers, Carriers: Let's Talk It Out
  • Slow Climb Back

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Containerisation Internationalweb site
DECEMBER 20, 2010
  • Derivatives receives boost from TCC
  • Big freeze Mark 11 hits northern Europe
  • Shipping confidence slides further
  • Iscont changes from MSC to Zim
  • 'Fast boat' from China on the way to LA

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TradeWindsweb site
DECEMBER 20, 2010
  • Transpetro revisits tanker tender
    Pricing and documentation drama sparks contract cancellations as Sergio Machado-led shipowner pursues new bids in products tanker tender.
  • Pirates hijack UAE bulker
    Handysize Orna taken by pirates north-east of Seychelles after failing to register with authorities.
  • Petrobras picks Ultrapetrol PSV
    Felipe Menendez leads South American owner as it puts finishing touches on Brazilian offshore contract worth $44m.
  • Attica boosts its bank balance
    Greek owner EUR 2.5m to the good following sale of 1970s built ferry.
  • Mednav logs panamax payday
    Greek shipowner cuts fleet in half following $7.8m scrap deal tied to 1983-built bulker, brokers say.
  • Capes still top of the tree
    Capesize bulkers still the industry's leading performer ahead of VLCCs, Clarksons says.
  • Cable: Canal deal 'a disaster'
    WikiLeaks revelation suggests Panamanian officials harbour fears over contractors in huge canal project.
  • Molaris tanker survives attack
    Pirate hijacking attempt on Stamatis Molaris-managed Doubtless "a close run thing".
  • Hoe Leong back on buying trail
    Singapore-listed company makes its second corporate play in three months to take a majority stake in Aries Offshore Singapore.
  • Gas spark for Daewoo stock
    Seoul-listed yard's share price sits at its highest point since Lehman Bros collapsed after Papua New Guinea backed a floating LNG project.
  • First pens second in China
    Qingdao Beihai grabs optional contract from Taiwan's First Steamship for second kamsarmax.
  • Ultrapetrol hunts Brazilian cash
    Nasdaq-listed shipowner readies potential $70m notes issue to fund South American PSV push.
  • HMM toys with share giveaway
    Korean shipowner to unwrap private placement but Hyundai Engineering kyboshes parent's purchase plan.
  • One injured on Carnival ship off US
    Coastguard helicopter scrambled to Holland America Line's Ryndam after passenger fall off Florida.
  • CSAV continues slide
    Chilean liner operator's rates per teu and container volumes head lower for second month in a row.
  • New boss at HSH Nordbank
    German shipping bank agrees deal for the departure of its chief executive and names his successor.
  • Piracy risk gets much costlier
    Increasing use of long range motherships by Somali pirates leads to a massive expansion of area where shipowners have to buy back war cover.
  • OOCL adds boxship pair
    Hong Kong liner operator has ordered a pair of 8,888-teu containerships at Hudong-Zhonghua.

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American Shipperweb site
DECEMBER 20, 2010
  • Agriculture exporters praise FMC
  • Hyundai liner unit plans rights issue
  • COSCO links Pearl River, Southeast Asia
  • SIA Cargo buys stake in China Cargo Airlines
  • DOT to hang up on truckers' handheld cell use
  • Short line project improves Va. port access
  • Intercontainer-Interfrigo CIS traffic covered
  • Anderson top choice for Jacksonville port CEO
  • APMT head Fejfer joins Maersk board
  • Two cranes for new Fos container terminal

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The Scandinavian Shipping Gazetteweb site
DECEMBER 20, 2010
  • New LNG powered PSV order by Eidesvik
    Eidesvik Offshore has placed an order with Kleven Verft for its fifth LNG powered Platform Supply Vessel. The vessel, a Wärtsilä's VS 489 Gas PSV design, and will be powered
  • DFDS terminates its ShortBridge service
    DFDS Seaways has decided to close down its ShortBridge service running from Massvlakte (Rotterdam) to Immingham. The service from Rotterdam will move to the Vlaardingen terminal, which became part of
  • Sick crew member evacuated from hijacked tanker
    A crew member suffering from severe stomach pains has been evacuated from the hijacked chemical and product tanker Hannibal II. 'The Tunisian master of the ship contacted the authorities on

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The Bunker Bulletinweb site
DECEMBER 20, 2010
  • Shore power technology expected to grow in 2011
    With increasingly stringent environmental regulations, the focus on cold ironing heats up.
  • Prices fall in Fujairah
    In Suez, a key supplier has ample invenories for all fuel oil and distillate grades, sources reported.
  • Container line opts for speed
    Horizon Lines in move away from slow-steaming.
  • Bunker market soft in Rotterdam, Hamburg
    Healthy demand and huge volumes in Gibraltar.
  • Another acquisition for WFS
    Fuel logistics provider continues to grow its aviation division.
  • Freed bunker tanker reaches Salalah
    International Bunkering Co. calls for more protection from pirates.
  • New bunker barge on station in Istanbul
    Lukoil-Bunker Istanbul Ihrakiye now deploying seven barges.
  • Asian bunker prices lack direction
    Mixed demand at key Asian bunker ports, according to traders.
  • China's largest fuel oil blending project gets ministry approval
    Due to commence operations by 2013.
  • Detained Iranian ships hold $4.2 million worth of bunker fuel
    Iranian container ships currently anchored off eastern Singapore.
  • Lukoil provides bunkers to Russian navy vessel
    Supplies bunker fuel to Russian navy vessel through tanker Ramala.

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