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30 September 2020 The on-line newspaper devoted to the world of transports 08:47 GMT+2

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The Business Timesweb site
APRIL 30, 2010
Shipping News
  • Somalia piracy solution lies ashore: Bimco
    Two years after the piracy problem in the Gulf of Aden first appeared, better anti-piracy measures and cooperation are starting to have an effect but infrastructure gaps especially on the shore side are hindering an effective solution, a top shipping executive said yesterday.
  • Drydocks World assesses post-riot fallout in Batam
    Drydocks World is striving to get back to business as usual as the dust settles from a riot last week by workers at a factory belonging to its Graha shipyard in Batam.

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Sched Netweb site
APRIL 30, 2010
  • Shanghai's trade value up 39pc to US$54 billion in March
  • Cosco Group loses US$1.1 billion, but sees fair weather ahead
  • TS Lines recruits as it opens new China-Oz, HK-Kaohsiung loops
  • PSA Dongguan CT assigned to handle hazardous cargo
  • Samudera revenue gain fails to offset US$1.5 million loss
  • MOL donates to quake-torn Qinghai province
  • Colombo March volume beats all-time record, up 21pc to 360,801 TEU
  • DHL: China-south Asia shipments to dominate intra-Asian trade
  • Cargolux loses US$153 million in 2009 as volumes fall 11.3pc
  • Kunming airport cold storage warehouse ready for operation
  • SATS receives full apron licence for Changi Airport
  • Indian exporters hit hard by higher air freight rates

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Exim Indiaweb site
APRIL 30, 2010
  • CSAV Norasia's new Adriatic Link expands IMEX & Mare Nostrum service coverage
  • Cochin Shipyard delivers PSV to US company
  • m.v. Seaways Valour brings 'divine cargo' from Myanmar to Kandla Port
  • Coastal shipping cuts 75 pc off costs & is environment-friendly-Joint DGS
  • Cotton export ban pinches China
  • Investments in new facilities ever on APM Terminals' radar, says Kolding
  • Port Pipavav emerges No. 1 gateway for seafood exports
  • CONCOR may increase freight rates between ICD-Amingaon & Kolkata Port by 6.5 pc
  • ...earns higher total income in Q4
  • 3PL players in raptures over luscious rural fruit
  • World's biggest freighter flies to China
  • Only modest hike of export duty on ore lumps likely
  • Textile export subsidy: US stand rejected

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International Transport Journalweb site
APRIL 28, 2010
  • Dachser expands UK network
    The international logistics provider Dachser has expanded its service network in the United Kingdom by acquiring the UK transport and distribution business of J.A. Leach Transport ...
  • Two new Kuehne + Nagel offices in Russia
    The full-service logistics provider Kuehne + Nagel has established offices in Murmansk in northwestern and Nogliki in eastern Russia. The Murmansk centre will be at the centre of S...
  • Swiss Post improves UK position through acquisition
    Swiss Post is taking over MCM Direct Limited, a local mail services provider with 32 employees based in southern England. The move will make it a direct provider of cross-border le...
  • IRU and UNCTAD strengthen cooperation
    The International Road Transport Union (IRU) and the United Nations Conference on Trade and Development (Unctad) have signed a memorandum of understanding for wider cooperation to ...
  • Glenn Heyn named specialised carrier driver of the year
    Glenn Heyn, of the Rochester-based Minnesotan enterprise Midwest Specialized Transportation, was named truck driver of the year in the USA. Heyn has driven more 3.5 million miles i...
  • EU to speed up single sky
    The EU, seeing air traffic buffeted by the fallout from Icelandic volcanic ash and under harsh criticism from the aviation industry, has decided to forge ahead with the unification...
  • Volcanic ash after effects wearing off
    The ministry of transport and the environment of the German federal state of Baden-W'rttemberg rescinded a relaxation of a ban on night flights on Tuesday. The ministry said that t...
  • Korean Air full-freighter lands in Basel again
    The ITJ has learnt that Korean Air resumed services to Basel Mulhouse Euroairport on 25 April. Both a Boeing B747-400ERF as well as a B747-400F are deployed from Seoul to Vienna an...

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Marine Logweb site
APRIL 29, 2010
  • Senator seeks freeze on offshore drilling expansion
  • Red ink at K-Sea
  • Indictments in dummy sounding tube case
  • USCG releases video of controlled burn
  • Deepwater Horizon spill now said to be 5,000 barrels a day
  • USCG issues safety alert following push boat fatality

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World Wide Shipperweb site
APRIL 29, 2010
  • Cruise season underway at Port of Seattle terminals
  • Ports America taps Svendsen as new chief process officer
  • Coast Guard warns boaters to stay clear of large passenger vessels
  • "K" Line vessel attacked by high-speed pirate boats
  • Vessel Chief Engineer cleared in 'Magic Pipe' pollution case

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Lloyd's Listweb site
APRIL 29, 2010
  • Chinese yards facing flood of cancelled orders
    Europe's economic woes could trigger up to 90 cancellations warns China shipbuilding boss
  • China must expand value of its shipping trusts
  • Alafouzos behind Samsung aframax newbuildings
    Aristides Alafouzos' emerges behind six vessel order placed with the yard
  • Kirby Corp sheds 20% of shore staff
    New York-listed tank barge and towboat company quarterly revenues remain flat
  • AP Moller-Maersk sells Yantian port stake
    APM Terminals chief executive Kim Fejfer describes the deal as 'active portfolio management'
  • PD Ports revises development strategy
    UK port owner and operator to focus much more on the container sector

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Fairplayweb site
APRIL 29, 2010
  • Spill relief drilling readied
    BP TODAY prepared to drill a relief shaft into the blown Gulf of Mexico exploration well that is disgorging up to 5,000 barrels of oil a day, according to new US Coast Guard estimates
  • Algeciras woes continue
    OPERATIONS at Algeciras's new box terminal were again disrupted today by stevedores, who are angry about manning rules at the new facility
  • APM sells Yantian stake
    DENMARK'S APM today said it has sold its share in the Chinese port of Yantian to COSCO Pacific
  • 26 sentenced for Suez spying
    A COURT in Egypt has sentenced 26 men tied to Lebanon's Hizbollah who were convicted of monitoring ships in the Suez Canal and Red Sea, IHS Global Insight reported today
  • Currency weighs NCL
    NORWEGIAN Cruise Line today posted improved operating results, but currency translations brought the company into the red
  • Officer cleared over magic pipe
    GREEK ship engineer has been acquitted of charges of violating US pollution laws, in a rare win for seafarer in such a case
  • Uljanik Plovidba plans growth
    CROATIAN shipping company Uljanik Plovidba has announced plans to expand its fleet from eight to 12-15 ships by 2015

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The Journal of Commerceweb site
APRIL 29, 2010
  • Freight Volume Expands Again for Large Railroads
  • Genesee Short Line Profit Rises 15 Percent
  • American RailCar Posts First Quarter Loss
  • Halifax Sets Supply-Chain Performance Standards
  • RailAmerica Loses $2.5 Million in First Quarter
  • Transportation Companies Recovering Slowly
  • Trinity Profit Falls 94 Percent to $2 Million
  • Disastrous Oil Spill Spreads in Gulf of Mexico
  • Port Corpus Christi Takes Over U.S. Navy Station
  • P.A.M. Transportation Gains Customers, Revenue Soars
  • LAN Airlines Profit Surges 35.8 Percent
  • Barge Operator Kirby Profit Slides 12 Percent
  • Caterpillar Earns $233 Million in First Quarter
  • American Commercial Lines Narrows Loss
  • Forth Ports Rejects Improved Takeover Offer
  • Trucker Averitt Launches Intermodal Service
  • Steel Exports Increase 43 Percent
  • NAFTA Trade Soars Record 24.1 Percent
  • Corning Uses Air Freight to Meet Demand
  • China to Buy U.S. Corn
  • MSC Hikes India-Europe Rates
  • Ports America Hires Chief Process Officer
  • Steel Imports Grow Through Houston
  • Response Team Plans Oil Burn in Gulf of Mexico
  • Maersk Sells China Terminal Stake
  • Panalpina Books Small Profit on Strong Volume
  • Teamsters Launch Drive on FedEx Labor Coverage
  • Port of LA Concludes Clean-Trucks Testimony

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Containerisation Internationalweb site
APRIL 29, 2010
  • Forecaster consensus on US recovery
  • Colombo posts a record
  • Shen Neng 1: 'succession of errors' caused grounding
  • Norfolk Southern powers forward
  • Team Lines to launch new service from Portugal

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TradeWindsweb site
APRIL 29, 2010
  • Cal Dive sinks to loss
    Houston-based offshore owner struggles to stay afloat as 72% plunge in revenue batters the bottom line.
  • Costly swap for Kristen
    Krontiras family company ordered to pay $15m over cancelled Chinese handysize bulker newbuildings
  • Franklin Templeton spends $20m
    Private equity arm of US investment powerhouse invests millions in Brazilian grain terminal.
  • Million dollar answer
    General Maritime says decision to write-off $1m in the first quarter was an exercise in diligent accounting.
  • Yang Ming returns to profit
    Taiwanese container line posts slim gain in first quarter after turning around big 2009 deficit.
  • Limarko heads further into red
    Lithuanian reefer owner widens losses in first quarter as revenues fall.
  • Northstream faces bid deadline
    UK Takeover Panel rules that consortium has until 1 June to confirm it will make firm offer for Forth Ports.
  • Wild west showdown
    Scorching heat erupts in the US Gulf as industrious adjusters battle ambitious attorneys in an old fashioned fire fight.
  • Maersk in $520m terminal sale
    Cosco Pacific snaps up Dane's 14% holding in Yantian terminal in "portfolio management" move.
  • Greek 'magic piper' cleared
    US jury scraps whistleblowers' testimony to find engineer of Styga tanker stung in Texas last year not guilty.
  • Hercules labouring in vain
    Losses widen in first quarter for Houston-based rig and offshore vessel owner.
  • K-Sea issues debt warning
    US tank barge owner in talks to amend covenants as it runs up loss on worst utilisation for 20 years.
  • Nordic Ferry drops the "Nordic"
    Danish owner changes name as it admits it won't be expanding any further in Scandinavia.
  • Sincere improves on investments
    Taiwanese bulker owner boosted by long-term shareholdings in 2009 as operating result turns negative.
  • D'Amico stays in red
    Marco Fiori-led products tanker owner makes small loss on higher costs and flags final Glenda victory over SLS.
  • Iron man Palmer eyes Brisbane
    Australian minerals magnate may bid for port to stop other private owners hiking fees.
  • Zodiac ruling surprises FMG
    Fortescue warns of large shipping loss as Ofer charter case costs four times more than budgeted.
  • GE scraps Jag Palak
    Indian owner Great Eastern mum on buyer or price but products tanker "most likely" headed for breakers.
  • Kirby curtailed in first quarter
    US tank barge player posts lower earnings to 31 March, but is more optimistic for rest of 2010.
  • Claymore closes shipping fund
    US investment player forced to wind up ETF after failing to track down enough investors for regulatory vote.
  • CSSC off to strong start
    Chinese state shipbuilding group increases profit and total assets in first quarter.
  • Alaska baffled by ferry mystery
    State owner trying to work out how 50 gallons of seawater got into Tustumena's fuel tank, despite no evidence of leak.
  • Thoresen's Thor Transit sold
    Thailand's Thoresen Thai Agencies has offloaded another of its elderly general cargo vessels.
  • Pan United struck again
    Singapore shipowner suffers second pirate attack in little over a week and in same location.
  • Million dollar question
    Rumours swirl as Wall Street speculates on what prompted a $1m insurance write-off at General Maritime.
  • Eitzen wins ThyssenKrupp COA
    Danish bulker player secures long term contract of affreightment from German-Brazilian joint venture.

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American Shipperweb site
APRIL 29, 2010
  • Better paint, fewer dry dockings
  • FMC will take testimony in New York
  • Zim raises Med/Africa rates
  • Thai wet leases 777 freighters
  • ABC starts Frankfurt/Seoul freighter service
  • CBP recommends Bell for WCO post
  • WCO official Massina dies
  • Panalpina, U.S. near legal settlement
  • Port of Galveston seeks investors
  • Congressmen push port truck regulations
  • Mississippi River open as spill spreads

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The Scandinavian Shipping Gazetteweb site
APRIL 29, 2010
  • DFDS and Stora Enso renew SECU contract
    DFDS and Stora Enso, one of the world's largest paper producers, have renewed the contract for the transportation of paper for the UK and Irish markets from Stora Enso's paper
  • Odense to deliver capesize bulker
    Odense Steel Shipyard is now one step closer to the final delivery of the last commercial vessel built at the yard. Yesterday hull no. 226, which will be named Aquavictory
  • Security Council pushes for piracy tribunal
    The 15 members of the UN security council have given the Secretary general Ban Ki-moon three months to deliver a report on the possibilities of effectivising the prosecution and
  • Gulf of Mexico oil spill not under control
    The large-scale oil leakage caused by the drilling rig Deepwater Ocean is larger than earlier estimations, as a new leakage has been detected. The "original" leakage's are located 5,000

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The Bunker Bulletinweb site
APRIL 29, 2010
  • Major port cities make top 25 'most polluted' list
    Decade of cleanup measures such as switching fuels is making a difference, call on Congress to provide funds for cleanup of existing engines.
  • Harley Marine NY recognised for environmentally friendly operation
    Exceeding expectations through initiatives to reduce emissions and fuel.
  • Markets firm in North Europe
    NYMEX showing gains of more than $2 in early trading.
  • IBC: Shrinking role for residual fuel
    James Corbett describes future scenarios ranging from 'death of residual' to 'residual revival'.
  • Oil tanker sinks spilling diesel oil
    All 28 crewmembers rescued, booms placed around vessel to contain further leaks.
  • Prices rebound in Fujairah
    NYMEX showing gains of more than $2 in early trading.
  • Fuel oil cargo likely to stay in Middle East
    Fujairah bunker prices climb back above Singapore.
  • Seawater found in ferry's bunker tank
    Alaskan operator sends vessel for emergency repairs.
  • More fuel lifted from the Shen Neng 1
    Gladstone bunker barge in new salvage operations.
  • Tougher fuel specs will not stop bunker-related problems
    Inspectorate has 'encountered numerous instances of damage reportedly caused by fuels compliant with ISO 8217.'
  • Prices firm in key ports
    Japan starts Golden Week holidays.
  • Singapore residual fuel stocks ease from record high
    Inventory remains strong due to influx of Western barrels.
  • Vopak starts building Algeciras oil terminal
    Acquires 80% shares in Spanish firm which holds rights to develop the terminal project.
  • Expansion at Global Risk headquarters
    Danish firm appoints new oil risk manager.
  • Concerns linger over impending port fee hike
    A 5% fee on ancillary services at the port continues to draw opposition.
  • Bunker prices to face volatility in Q2
    Bunkerworld poll shows most believe bunker prices will not be as stable as in Q1.
  • South China oil tank to get capacity boost
    Operations expected to come onstream in November this year.

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