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| FEBRUARY 22, 2010 |
Shipping News
- Several cities vying to host next America's Cup
America's Cup champion Larry Ellison said that San Francisco was his first choice for the next regatta - but quickly added that it was not guaranteed to host an event that will provide a significant boost to the host city's economy.
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| FEBRUARY 22, 2010 |
- CMA CGM levies Asia to Med/Black Sea/Europe US$200/TEU hike mid-March
- APL to levy intra-Asia rate increase of US$100/TEU from March 1
- OOCL levies emergency charge March 1-20 on PDR-Canada cargo
- Pay or forfeit containership, Hanjin Heavy tells CMA CGM
- Lianyungang January throughput up 17pc
- Colombo box volume up 33pc at private SAGT container terminal
- Jordan's ACT adds quay cranes to raise capacity to two million TEU
- 8,272-TEU Albert Maersk biggest ever ship to call at Saigon
- Kerry Logistics wins three major China contracts
- PD Logistics to handle Tsingtao at Felixstowe for Halewood International
- Continental, United bid to fly to Tokyo's downtown airport
- Dallas/Fort Worth sees Asia freight volumes rise 38pc
- Russia's roomy IL-76 dodges around EU noise pollution ban
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| FEBRUARY 22, 2010 |
- Om Freight Forwarders forays into super heavy lift ODC movement
- Need for separate regulatory authority for logistics sector stressed
- With resale ships' prices dropping, SCI goes shopping with over Rs 9K cr. in pocket
- Logistics sector hopes for 'industry' status in Budget
- SCI's worldwide agents meet from today
- A&A sets out as logistics provider with experience & determination
- DAMCO expands into Horn of Africa
- Sharma invites Austrian tech in infrastructure-building
- Investment promotion & protection pact signed with Latvia
- Seafood exporters' hope floats on USDC's final review of anti-dumping duties
- Basmati exports seen rising by 55 pc
- KoPT Board defers ABG issue
- Paradip Port springs a few surprises
- Jet set for African safari
- New 'India Permit' for high-capacity, multi-axle goods carriers mooted
- AI wins 'Emerging Freighter Services of the Year' award
- DHL wins 'Freight Forwarder of the Year' award
- Rlys hauls in more revenue from commodities
- Export credit rate slashed on foreign currency loans
- Export stimulus review only in April'Khullar
- Spectacular export figures from Gujarat SEZs
- I-T Dept (WR) bats for lowering corporation tax!
- Healthcare, travel & tourism draw high-level Fiji team to India
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| FEBRUARY 18, 2010 |
- CAT Logistics opens logistics centre near Lyon
CAT Logistics, a member of the CAT group, is reinforcing its presence in the Rh'ne-Alpes region in France. The logistics service provider has phased in a new 20,000 sqm logist...
- Esprit and Fiege strengthen their ties
The fashion clothing retailer Esprit and the Fiege Group, a logistics service provider based in Greven (Germany), recently inked a pact to intensify their year-long cooperatio...
- Choice Logistics opens new hub in Dubai
Choice Logistics, a global leader in highly optimized, flexible, mission-critical service parts logistics systems, has set up a regional hub in Dubai (UAE), which will serve a...
- TransRussia 2010 in Moscow, 27-30 April
The 15th edition of TransRussia, the largest international transport event in Russia and its neighbouring countries, is taking place in Moscow from 27-30 April 2010. T...
- Corrigendum: Hans-Wilhelm Dünner's 60th birthday
An unfortunate error crept into yesterday's article about Hans-Wilhelm Dünner's 60th birthday. The person who was able to blow out 60 candles was not Hans Dürrer, it w...
- DHL Freight Germany gets new CEO
DHL Freight, the division of Deutsche Post DHL that is responsible for the international road business, appointed Stefan Paul as its new managing director for Germany on 1 February...
- Irish Continental Group opts for Gottwald
The German crane manufacturer Gottwald Port Technology (Gottwald) recently received an order for a new mobile harbour crane from the Irish Continental Group (ICG). The equipme...
- Port of Hamburg: Elbe dredging costs rising sharply
The government of Hamburg (Germany) has reported that the cost to dredge the River Elbe's fairway is rising. The senate confirmed that the city state will have to pay EUR 35 millio...
- Port-au-Prince reopens for scheduled flights
Five and a half weeks after the disastrous earthquake in Haiti in 12 January, the airport that serves the capital Port-au-Prince is reopening for scheduled flights today ...
- Durban's new airport get name
The South African airport operator Airports Company South Africa has announced that the new airport in Durban will be named after King Shaka, a Zulu monarch. King Shaka intern...
- US airlines scramble to get Tokyo routes
American Airlines (AA) and Delta Airlines (DL) joined United Airlines, Continental Airlines and Hawaiian Airlines in applying to serve Japan's Tokyo Haneda airport (HND)....
- LH Cargo pilots to down tools
The German union Cockpit, which represents the interests of 8,200 cockpit staff, has announced that around 94% of the Lufthansa and Germanwings pilots who can vote, are in favour o...
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| FEBRUARY 21, 2010 |
- Clipper brings blackmail charges against pirates
- DSME inks five tanker deal with Sonangol
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| FEBRUARY 19, 2010 |
- Ports back governors' letter in support of new Columbia bridge
- Senator Murray nets funding for Port of Seattle project
- Port of Everett to reopen 10th Street Boat Launch
- Port of Tacoma advancing Clean Truck Program
- US rail freight traffic drops again during week
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| FEBRUARY 19, 2010 |
- UK court clarifies legality of ransom payments
Ruling provides confirmation that payments to pirates are not illegal or contrary to public policy
- Cash flow key to ship finance deals
Markets will be less tough than expected - but only for owners with access to cash
- MCA detains ship with rag in hull
Rag used to plug crack in Russian ship's hull
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| FEBRUARY 19, 2010 |
- Paris to hold refinery talks
THE FRENCH government today urged Total Oil to resolve its labour trauma and planned talks with the group this weekend
- Falklands drilling this weekend
AS A DRILLING rig arrived today in the islands, the Falklands Legislative Assembly reportedly promised that oil exploration would "commence as planned"
- BDI gains on Chinese surge
SPECULATION about a surge in Chinese demand for coal and iron ore after the weeklong Chinese New Year holiday has lifted the BDI for the third day in a row
- Kremlin backs growing yards
UNITED Shipbuilding Corp's CEO Roman Trotsenko has said Russia's yards recorded 62% growth in 2009
- Petrobras begins importing fuel
BRAZIL'S government-run oil company Petrobras has imported almost 1.2M barrels of gasoline this month, IHS Global Insight reported today
- Manila to start bulk surveys
MANILA plans next month to begin surveying and clearing bulk cargoes at ports of discharge
- Fortescue profits dive 94%
FORTESCUE Metals has reported a 94% dive in profits for its first half
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| FEBRUARY 19, 2010 |
- ACL to Raise Trans-Atlantic Rates
- MSC Puts 8,085-TEU Ships Into East Coast
- Oberstar Urges "Clean" Highway Extension
- FMC Clears Trans-Pacific Carriers to Talk Environment
- Did Snow Blow Truckload Rates Higher?
- UPS, Commerce Department Partner to Boost Exports
- Strong Short Line Traffic Beats Weather
- USA Truck: 'We're Not Related' to USA Carriers
- Domestic Intermodal Grew in Fourth Quarter
- IANA Sees Intermodal Gain as Truck Surplus Fades
- Icelandair to Sell Bluebird
- Video: Goldman Sachs' Tom Kim on the economy and trans-Pacific trade
- Railcar Makers ARI, US Railcar Team Up
- Storms Cut Traffic at Large U.S. Railroads
- CSCMP, Universities Partner to Promote Supply Chain
- CMA CGM Seeks Delay of Ship Orders
- CMA CGM Expects Rest of $500 Million Credit Soon
- Lufthansa Cargo to Fly Through Four Day Strike
- APL to Increase Intra-Asia Rates
- SCI to Hike India-Europe Rates
- South Carolina Ports Promotes Senior Managers
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| FEBRUARY 19, 2010 |
- Gung ho fat choy: The Chinese New Year 4707 promises much
One sixth of the planet's population is currently celebrating the Chinese Lunar New Year - the Year of the Tiger. Beginning on Valentine's Day [February 14] and corresponding with the new black moon, the 15-day festival is a late starter this year; nonetheless the big cat intends to hit the ground running to perpetuate the global growth revival.
- Green fuel legislation a 'huge challenge'
- CMA CGM back in headlines
- UN climate change chief resigns
- Port of Montreal receives more government infrastructure funding
- FMC moves to change NVOCC tariff filing rules
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| FEBRUARY 19, 2010 |
- Frightening lesson
Chip and LNG carriers are first to the scene after a tall ship with 64 students and teachers sinks off Brazil.
- Fine levied
US judge upholds Fleet Management's plea agreement in criminal case over Cosco Busan spill.
- Demo doom
Broker says demo prices are inflated and owners should brace themselves for a slide in scrap values.
- Good for tankers
Total refinery strike could be a positive for crude tanker owners by boosting congestion, analyst says.
- Two speed scrap
Big challenges lie ahead for many ship recycling yards as new convention kicks in, says GL's Gramann.
- Dredgers sought
Florida's Port Manatee seeking bids for dredging for 12.5 metre depth in $200m expansion plan.
- Looking abroad
Dahlman Rose analyst says Petrobras may consider taking internationally built units for massive rig and drillship tenders.
- Buyers' blues
New recycling convention pushed cash buyers 'off the hook'.
- Dry-bulk boost
Stephens analyst upgrades three US-listed bulker stocks on expectations of "meaningful upside" ahead.
- Recycling blow
War of words as heat turns up on efforts to get new ship recycling convention ratified.
- Hijack warning
Ships vulnerable to possible surge in Somali pirate attacks after monsoon period, NATO warns.
- Pressure point
Campaigner says ship recyclers can afford to improve yard standards from pocketing profits.
- All washed up
Carnage off Lagos as storm grounds 16 veteran tankers and cargoships in Takwa Bay.
- Wet to dry
Korea's Hanjin Heavy accepts owner's request to switch three-ship tanker order to bulkers.
- Ship sought
US businessman Erik Hultkrantz looking for vessel to restart Maine to Nova Scotia ferry run.
- Nothing fishy
Norwegian authorities let a Russian fish carrier off the hook after master interrogated.
- Humpuss thaw
Setback for Spyros Polemis as freezing order against Humpass for charter hire defaults is cut by $15m.
- Doulos denied
South Africa refuses to let world's oldest passengership begin new life in Port Elizabeth.
- Eidesvik happy
Green Reefers CEO Troil Eidesvik content with NOK 2m yield from subsequent offering despite many of the shares remaining unsold.
- New5 in Numb3rs
Sammy Ofer's returning ships to the North of England, Evangelos Marinakis plans another US float and Hyundai Heavy's huge orderbook has less than two years to run.
- Drillship drop
Analyst cuts 2011 earnings outlook for DryShips due to softening of drillship market.
- Stack shrinks
Seacor's Gulf of Mexico lay-up list was cut in the fourth quarter as it handed back chartered tonnage.
- It's quotes time
There's plenty of argy bargy down at the Falklands and there's no neighbourly love at the Sovcomflot trial.
- Dockwise down
Profit and revenue dipped in 2009 for Dutch heavy-lift group in subdued markets.
- Divi dashed
Stolt-Nielsen opts against full-year dividend pending evidence of a sustained market recovery.
- Volgaflot signs
Russian owner continues fleet renewal with order for 10 mini-bulkers at Okskaya and Nevsky shipyards.
- Glory 'not free'
Zodiac denies reports that its hijacked car carrier Asian Glory has been released by pirates.
- Finnish smash
Euroafrica and Norresundby cargoships damaged in collision off coast of Finland.
- Seacor ahead
New York-listed shipowner's fourth quarter profit takes a dive but its numbers are ahead of analysts' forecasts.
- Futures bright
Herman Michelet-led derivatives player Imarex posts best ever pre-tax earnings in 2009.
- Filipino rescued
Crewman found "disoriented" in cabin after suspected stroke rescued from Cido ship off Alaska.
- Bonheur buoyant
Fred Olsen tanker, offshore and cruise owner posts higher profit despite slumping suezmax value.
- NWS falls
Russian river-sea specialist sees freight volumes drop 16% in 2009, but
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| FEBRUARY 19, 2010 |
- FMC has economic, 'green' agenda
- ACL to raise transatlantic rates April 1
- CMA CGM hikes Asia/Europe rates
- TSA: Airlines to inspect 75% of cargo
- U.S. Soybean Export Council retained
- Choice Logistics opens Dubai hub
- FMC to end NVO tariff rate publishing
- Panalpina adds Antwerp/Houston LCL service
- Damco opens Djibouti outlet
- Port Manatee prepares for container terminal
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| FEBRUARY 19, 2010 |
- 2010 ' a year for those with cash in their pockets
The shipping accountant and adviser Moore Stephens predicts that 2010 "will be a good year for anyone in the shipping industry with cash and access to finance", despite the pressure
- Icebreakers remain in port for this season
The three Danish icebreakers are most likely to stay in port this winter season. The Danish Naval Command has estimated that the ice in Danish waters will not cause any
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| FEBRUARY 19, 2010 |
- Fleet Management ordered to pay $10 million
US Department of Justice also orders the implementation of a compliance plan to heighten training when engaged in US trade.
- End of week sees mostly firming prices
Fundamentals keeping pressure on bunker markets.
- 'Huge' technical challenge of meeting greener fuel regulation
Complex changeovers, minimal experience, bad fuel and management could increase opportunity for errors, warns expert in transport.
- Market analysis: Rotterdam retains price advantage
Sales were down in 2009 but the port has the best value bunkers.
- Prices firm in Rotterdam, Hamburg
Piraeus customs strike may end earlier than expected.
- Shippers to see increased levy following major bunker spill
Australia announces changes to Protection of the Sea Levy, proposal on international liability limit submitted to MEPC 60.
- CEPSA Marine Fuels changes image
Says new corporate image will help company 'consolidate its international presence'.
- Stone Oil offers new Gulf gasoil/lubricant service
Local player has a new barge and no barge fee for lubricants to better meet customer needs.
- Durban runs out of fuel oil
Mixed bunker prices in Middle East and Africa on Friday.
- Opinions split on effect of ISO 8217 revision
Supplier calls for 11th hour changes, testing agencies play down risk of more quality disputes.
- PSO buys March HSFO cargoes, LSFO cargo rejected
Cargo from Middle East trader said to have failed sulphur tests.
- Divisions over proposed ISO 8217 changes
Call for ISO 8217 Working Group to take suppliers' concerns into account.
- Bunker demand dull, prices mixed
Product availability healthy across the main Asian bunkering ports.
- Relocation of Petrosummit office in Singapore
The company in Singapore will close on February 19 for the relocation.
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