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28 January 2020 The on-line newspaper devoted to the world of transports 11:20 GMT+1

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The Business Timesweb site
SEPTEMBER 23, 2010
Shipping News
  • Baltic pressing on with central screen launch
    The Baltic Exchange is pressing ahead with launching a central screen as soon as it can to trade dry bulk freight derivatives despite broker worries over current proposals and a potential challenge from a separate platform.
  • Sea freight index slides 2.5% to new one-month low
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in a month on Tuesday as slower trade weighed on sentiment.
  • Mid-East demand fails to clear supertanker surplus
    Strengthening demand for supertankers to load two million-barrel cargoes of Middle East crude oil failed to reduce a surplus of vessels competing for shipments.

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Sched Netweb site
SEPTEMBER 23, 2010
  • Maersk, MSC and CMA CGM, MSC join forces to fight piracy
  • Shipping lines fight to retain US antitrust immunity
  • Green taxes, regulations threaten to divert SoCal cargo: GOP
  • Jilin expressways start charging trucks a penny per tonne kilometre
  • Fuzhou New Port handles more than 60,000 TEU in August
  • HELO 1 comes to Romania's Constantza by Danube box barge
  • Damco takes over Maersk's New Jersey logistics operation
  • Indian Railways hike box fees to curtail train operator growth
  • Maersk denies anti-competitive behaviour at Indian terminals
  • South Africa exporters urged to focus on China, India
  • APMT Nigeria opens hi-tech gate at Lagos-Apapa terminal
  • P&O Maritime Services enters Egypt with DP World Sokhna
  • Air Cargo Germany 747 breaks down on HK runway, delays flights
  • Stockholders approve Continental, United Airlines merger
  • Cathay Pacific, Japan Airlines expand code-share deal
  • Air France-KLM Cargo, Martinair Cargo launch Shanghai services
  • Air China launches new routes to Manzhouli, Korla and Qingdao

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International Transport Journalweb site
SEPTEMBER 21, 2010
  • Swiss reports death of chairman of the board of directors
    Swiss International Air Lines has announced that Rolf Jetzer, its chairman of the board of directors, suffered a heart failure and passed away unexpectedly whilst hiking in the mou...
  • Fiege phases in new logistics terminal near Lisbon
    Fiege, an international logistics group based in Germany, is expanding in Portugal. Today (22 September), the company is commencing operations at a 28,000 sqm state-of-the-art logi...
  • Dachser opens new logistics centre near Copenhagen
    The German company Dachser has opened a new logistics centre for Copenhagen on a 70,000 sqm plot of land in Hvidovre (Denmark). The global service provider is investing around EUR ...
  • Ceva supports Peacocks' supply chain
    Logistics service provider and SCM specialist Ceva Logistics has signed a contract worth EUR 19 million with Peacocks, a value fashion retailer. Ceva has a long-standing relationsh...
  • NTU and IATA work together to develop human capital for global aviation industry
    Singapore's Nanyang Technological University (NTU) and the Geneva-based International Air Transport Association (Iata) have signed a memorandum of understanding (MoU) to colla...
  • AirBridgeCargo adds fourth destination in China
    AirBridgeCargo Airlines is extending its all-cargo services from China with a new twice-weekly B747-400 freighter flight from Zhengzhou to Europe. Flights from the capital of Henan...

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Marine Logweb site
SEPTEMBER 22, 2010
  • Bruno takes Chair at Marine Board
  • Three crew kidnapped from Bourbon AHTS off Nigerian coast
  • Whistleblower's cell phone photos showed USCG how "magic hose" was used

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World Wide Shipperweb site
SEPTEMBER 22, 2010
  • Flights returning to north runway following construction work at PDX
  • Sumitomo earns contract for electric passenger rail cars
  • Portland International Airport nets top spot in Cond' Nast poll
  • Earl Industries LLC leases Port of Bremerton building
  • New LNG vessel named at Sakaide shipyard

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Lloyd's Listweb site
SEPTEMBER 22, 2010
  • Tanker owners warned of 'blood on the streets'
    Analysts predict high-profile casualties as daily earnings fail to cover operating costs
  • Hopes of floating storage reviving VLCC market unlikely
  • End-of-year outlook for tankers worsening
  • Gloomy fourth quarter looms for tanker sector
  • Box lines agree global data exchange
    Seven major container lines become shareholders in the newly formed World Liner Data
  • ELAA to be shut down in September
  • Seafarers' rights body launched to tackle injustice
    ITF-funded venture focuses on abuse and legal issues
  • Brussels throws in the towel on EU shipyards...
  • Anti-piracy petition to IMO nearly 1m-strong
    Some 920,000 people have signed an online petition against Somali piracy
  • Maritime industry needs a new image

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Fairplayweb site
SEPTEMBER 22, 2010
  • Vopak to invest at Algeciras
    LIQUID bulk operator Vopak is to invest €130M ($173M) to build and manage a bunker storage terminal, the Algeciras Port Authority said today
  • Armenia gets Russian seed grain
    ARMENIA is importing 1,000 tonnes of Russian seed wheat, despite its neighbour's much-publicised ban on grain exports
  • Hapag-Lloyd targets $500M
    HAPAG-LLOYD said today it aims to raise $500M in new finance, enabling the line to repay loans from its parent, TUI
  • US to spend $7M on shortsea
    US SHORTSEA shipping has received $7M in grants from MarAd for projects aimed at taking trucks off crowded highways
  • Rolls-Royce suit not settled
  • Explosives found in Italy
  • Bourbon crew members taken
  • Vale buys into E Africa rail
  • MSC mulls armed guards
  • Carrier crunch hits LNG sector
  • Irika whistleblowers rewarded
  • Cruise waiter hangs himself

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The Journal of Commerceweb site
SEPTEMBER 22, 2010
  • Port of LA to Vote on Clean Truck Implementation
  • FMC Notes Progress in Antitrust Study
  • Major Railroads Pared Workforce in Late Summer
  • Greece Passes Truck Reform
  • Baltimore Auto Imports Jump 72 Percent
  • LA-Long Beach Update Clean Air Plan
  • Member Defends International P&I Group
  • Lufthansa Names Chairman, New Cargo Chief
  • Marad Awards $7 Million in Marine Highway Grants
  • Martinair Executive Indicted for Price Fixing
  • APM Terminals Takes Over Brazilian Berth
  • Panalpina Names Ocean, Air, Logistics Executives
  • Container Volume Surges 10 Percent in India
  • TUI OKs Hapag-Lloyd Refinancing
  • Trans-Pacific Spot Rates Fall to Five-Month Low

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Containerisation Internationalweb site
SEPTEMBER 22, 2010
  • Liner majors declare war on pirates
  • Fanapi kills 13 in South China
  • Trans-Tasman PSS attracts shipper ire
  • Damco secures contracts in Vietnam
  • Eurozone fund gets top rating

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TradeWindsweb site
SEPTEMBER 22, 2010
  • Genmar ties up tanker sextet
    Peter Georgiopoulos-led shipowner targets $126m from series of time charters as Trafigura continues its quest for tanker tonnage.
  • Maran Gas pens LPG extension
    John Angelicoussis-backed gas player ties up VLGC time charter with Naftomar, sources say.
  • Calais LNG lands USCG approval
    US Coast Guard gives thumbs up to one billion cbf per day LNG terminal but backers still face roadblocks.
  • Politician plots $50m port plan
    Connecticut gubernatorial candidate Dan Malloy says state should cough up cash to bankroll port development projects.
  • OIG targets $148m payday
    Clock ticking for Offshore Installation Group as Peter Harren-led alliance wraps up road show ahead of Oslo listing.
  • Bourbon crew kidnapped
    Three French crewmen have been hauled off an AHTS during a coordinated attack in the Addex oil field.
  • Japan holds 14 in August
    Goldenport bulker and Heung-A containership among shorter than usual list of detainees.
  • Offshore alliance inks Aussie gig
    Fugro and EMGS join forces to aid Woodside-backed energy exploration project.
  • PGS causes more pain in Spain
    Norwegian owner PGS cancels another newbuilding at Factorias Vulcano and wants EUR 40.5m in refunds.
  • Citi: 'Buy Cosco Singapore'
    Reduced risk of bulker cancellations and growing offshore orderbook draw upgrade for shipyard.
  • SG pact ends forex furore
    Shipbuilder SembCorp Marine nets $40m from bank to end three-year foreign exchange drama.
  • Golden cans Daehan bulker
    Herman Billung-led bulker owner calls a halt to capesize newbuilding deal at South Korean yard.
  • Yards open to SCI share sale
    State-backed owner may have finally broken into the shipbuilding arena with Bharati and ABG willing to sell stock.
  • IRTC 'attack' fear allayed
    Suspected pirates vanish after Thai-owned bulker reports being threatened in Gulf of Aden.
  • Hapag fixes its balance sheet
    German container line rips up state support package after restructuring debt.
  • Kalashnikov fired up by yard deal
    Ukraine shipyard Chernomorsky's boss says cooperation with Argentina's ARS should bring in new orders.
  • Manila contract under review
    Philippines government to re-examine deal with MNHP to run Manila North Harbor.
  • MISC going for less in IPO?
    Malaysian owner sets indicative price for listing of shipbuilding unit which points to smaller pot.
  • Now's the time for NOL?
    Macquarie doubles share price forecast for Singapore line as box rates recover.
  • Master shot dead in Philippines
    Filipino police likely to investigate possible link with vessel Captain Ufuk as "ship's captain" gunned down.
  • Pasha picks up state clearance
    Car carrier owner granted permission to operate in Hawaiian ports through 2013.
  • Looking handy for handysizes
    Shipping bank DVB backing smaller bulkers to shine as slow port development limits opportunities for bigger sisters.
  • Bermudian bashed on to rocks
    Bermuda loses cruiseship call after passenger tender goes aground in hurricane.
  • Thoresen offloads Skipper
    Thailand's Thoresen Thai Agencies has offloaded another of its elderly general cargo vessels.
  • Moody's affirms BW rating
    Ratings agency leaves Norwegian shipowner's credit rating unchanged following Prosafe deal.
  • Western India wins more
    India's biggest shiprepairer books new business as it restructures debt owed to ICICI Bank.
  • Trico unit grabs $22m loan
    Subsidiary of bankrupt US offshore owner confirms funding from hedge fund and notes holders.

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American Shipperweb site
SEPTEMBER 22, 2010
  • Big 3 carriers to partner on piracy policy
  • Iraq, marine firm to operate 66 cargo ships
  • Pasha can offer intra-Hawaii service
  • Cargoitalia starts Shanghai/Milan service
  • DOT awards $7 million in 'marine highway' grants
  • Old Dominion adds two freight centers
  • Congress lacks 'complete picture' of U.S. defense exports
  • Bingham joins Wilbur Smith Associates
  • Dachser opens Copenhagen logistics center
  • NVOs to be required to file rates in China
  • K + N expanding LCL services
  • Panalpina names new global department heads
  • VPA offers $1 per year for Richmond port
  • L.A. pushes back clean truck program compliance dates

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 22, 2010
  • New ferry ordered in Bangladesh
    Hundested-Rødvig Færgefart A/S has signed a contract with Bangladeshi Western Marine Shipyard Ltd in Chittagong for at new ferry for delivery in the spring of 2012. The newbuilding
  • WWF urges black water dumping ban
    According to the WWF (the World Wide Fund for Nature), less than half the cruise ships discharge their black water at the Port of Stockholm's black and grey water discharge
  • Green Feeder chooses Helsingborg
    The port of Helsingborg will get yet another feeder service. Cypriot Green Feeder will call at Helsingborg every Thursday with ships in the Hamburg-K'penhamn-Helsingborg-'rhus-Hamburg loop

news on subscription
The Bunker Bulletinweb site
SEPTEMBER 22, 2010
  • Bunker prices soften in key ports
    Market move lower in line with crude.
  • Prices ease back in Fujairah, Suez
    Poor bunker demand in Fujairah.
  • More confusion than answers for markets
    Suggestions of soft energy demand down the road.
  • Bunker conference to vote on reducing GHG emissions
    Cap-and-trade would give bunker players a window into a 'multi-million dollar' trading market.
  • Partnership with MAN 'a milestone' for scrubber system
    Company says ROI is just 18 months for pure ECA operations already at today's low sulphur fuel premiums, and about six months from 2015.
  • Clean Diesel Technologies looks for marine market expansion
    Enters commission agent agreement with shipbroker to distribute its emission control products.
  • Singapore eyes LNG terminal expansion
    Developing long-term plan to meet future needs for LNG including as fuel for ships.
  • Midweek bunker prices fall on sluggish demand
    Weak demand in Asia's key bunker hubs due to ongoing holidays at some of the ports.
  • Fujairah oil terminal project attracts third investor
    Partners Socar and Aurora Progress considering addition of 'local investor'.
  • WFS concludes offering, raises $219 million
    Proceeds will be use for general corporate purposes which may include 'potential acquisitions'.
  • Karachi Port Trust increases berth charges by tenfold
    Local bunker suppliers annoyed; the country's bunker association to meet with KPT chairperson.

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