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28 January 2020 The on-line newspaper devoted to the world of transports 10:26 GMT+1

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The Business Timesweb site
SEPTEMBER 30, 2010
Shipping News
  • Baltic index surges on China demand
    The Baltic Exchange's main sea freight index was pushed up on Tuesday, after Chinese demand picked up following the end of last week's holiday, traders said.
  • Mideast VLCC oversupply worsens to 28%
    The surplus of supertankers competing for cargoes of Middle East oil expanded, hurting owners' efforts to pull the market out of its longest run of losses for at least two years.
  • Shipping Corp to sell 20% of shares
    State-run Shipping Corp of India could launch its follow-on share sale for a 20 per cent equity stake before December, the managing director said on Tuesday.
  • Evergreen to buy Samsung ships for US$1b

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Sched Netweb site
SEPTEMBER 30, 2010
  • Ningbo Port IPO slips in Shanghai, will seek Hong Kong listing
  • TS Lines to enter Far East to US west coast trade
  • September lay-ups flatten at 1.6pc or 224,000 TEU
  • Iraq signs with company to create 66-freighter fleet
  • India establishes first e-terminal in Chennai
  • Panama Canal expansion Long Beach campus forum October 6
  • CN and DP World sign Vancouver service level agreement
  • India's container throughput up 10pc in first 5 months
  • Air China to pay US$1.1 billion on four Boeing 777s
  • Analysts: 77pc of manufactured goods will move by air by 2020
  • US Commerce Secretary 'enthused' about St Louis-China air hub

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Exim Indiaweb site
SEPTEMBER 30, 2010
  • 'Reefer war' hotting up, observes Drewry
  • INDEV Group's 'Esthell The Village Resort' near Mahabalipuram thrown open for vacationers
  • SCI holding talks to acquire 15 pc stake in Bharati Shipyard
  • SCI's follow-on shares sale likely by Dec.
  • US ex-im trade faces sea of troubles ahead, warns WSC
  • 53 pc rise in coffee exports
  • Trade walls are only irritants, Sharma tells US
  • CCT wins coveted National Safety Award
  • Mir Projects to prepare feasibility report on developing Tadri port
  • Vasan asks Singapore to be partner in ports & shipping developments
  • Euro III switch makes petrol, diesel costlier
  • IATA chief sees Indian aviation grounded by archaic laws
  • Cotton exports allowed from Nov. 1
  • Even edible oils till Jan. 31
  • Exports stagnating at $ 18 bn every month
  • Free rice imports for now
  • High global prices halt wheat imports
  • India has 1,26,700 millionaires!
  • 216-page manual attempts to decipher Budget process
  • Anup Pujari is new DGFT
  • Huzhou trade team arrives on business
  • Third world engine to drive global economic growth, says World Bank study

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International Transport Journalweb site
SEPTEMBER 28, 2010
  • BLG and Ziegler (Schweiz) AG compliant with ISO 14001 standard
    BLG Basler Lagerhaus- und Speditionsgesellschaft (BLG), a Swiss forwarding company based in Basel and its sister company Ziegler (Schweiz) AG, both members of the Belgian Zieg...
  • Dachser continues to invest in Germany
    The global logistics service provider Dachser is investing around EUR 14 million in extending its Alsdorf branch in Germany. By July 2011 the site will have almost doubled in size ...
  • Agility acts as exclusive forwarder for Gunnebo in China
    The logistics service provider Agility has been appointed by Gunnebo, a security solutions specialist, as the exclusive forwarder for all its transport flows from China to Europe. ...
  • Hutchison has big plans for the port of Barcelona
    The terminals at the port of Barcelona (Spain) only handled a total of 1.8 million teu last year, 29% less than in boom year 2008. Nevertheless, the terminal operator Tercat Hutchi...
  • Magna's top manager transferring to Russian Machines
    Siegfried Wolf, co-chief executive officer of the Austro-Canadian automobile supplier Magna, is transferring to Russia. Wolf will become chairman of the supervisory board of the Ru...
  • ESC welcomes proposals to eliminate anti-trust immunity for carriers in the US
    The European Shippers' Council (ESC) has welcomed the US Shipping Act of 2010, which was introduced by Congressman Jim Oberstar. The act proposes to eliminate antitrust immuni...
  • NYK: new Hong Kong-Rotterdam LCL service
    NYK Logistics North Continent recently launched a new LCL service between Hong Kong and Rotterdam, with onward distribution available throughout Europe and China. Through close coo...

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Marine Logweb site
SEPTEMBER 29, 2010
  • International Paint boosts anti-fouling product line
  • Teekay's Bjorn Moller to retire
  • Pirates seize asphalt tanker
  • Bob Dudley shakes things up at BP
  • Classification surveyor convicted in pollution conspiracy

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World Wide Shipperweb site
SEPTEMBER 29, 2010
  • Port association installs new officers for 2010-11
  • ATA truck tonnage index falls during month of August
  • Wallenius taps Connor as deputy chief executive
  • Port of Bremerton nets SBA cash for energy analysis
  • Congressman onboard with Coast Guard act passage

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Lloyd's Listweb site
SEPTEMBER 29, 2010
  • Maersk expects end to US concessions
    But Danish line wants to see an end to tariff filing regarded as both costly and irrelevant
  • Bigger is better for expanded DFDS
  • Maritime industry needs a new image
  • Kolding seeks Net benefit on bookings
  • Odfjell cancels three ships on order in China
    Tanker operator cancels three of six ships on order at Chongqing Chuandong...
  • First-half tanker slippage rate increases to...
  • Asian governments urged to enact liner reform laws
    Asian Shippers Council says Oberstar bill heralds new beginning to end antitrust...
  • McCain continues pursuit of Jones Act
  • Ningbo Marine secondhand acquisition joins fleet
    Purchased for $18m in June, the 70,000 dwt bulk carrier will join ocean shipping...
  • Box line angels follow the fools' order rush

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Fairplayweb site
SEPTEMBER 29, 2010
  • Big Apple port strike ends
    UNION protestors have laid down their pickets and ended a two-day work stoppage that paralysed six terminals in the Port of New York and New Jersey
  • Relieving that sinking feeling
    WÄRTSILÄ confirmed today it expects a month's delay in delivering six new engines to Fincantieri ' to replace those that sank on a barge off Trieste earlier this month
  • Ship emission talks snarled
    HOPE IS fading today that the IMO's Marine Environment Protection Committee could wind up meetings this week with no agreement on carbon ship emissions, delegates told Fairplay
  • Pirates seize bitumen tanker
    PIRATES seized a bitumen carrier early this morning off Tanzania, news agency reports have confirmed
  • Strikers stymie Spanish ports
    MOST PORTS and shipyards in Spain are being paralysed today by a general strike, as unions protest government changes in labour laws and austerity measures
  • Teekay's boss to retire
    TEEKAY Corp announced today that CEO Bjorn Moller will retire in 1H11, with Peter Evensen named as successor
  • Drugs seized at Portsmouth
    CANNABIS resin worth almost £500,000 ($790,000) has been found in a truck's trailer at Portsmouth
  • Evergreen makes it 20
  • Iraq export terminal awarded
  • Class snared in OWS case
  • Worker killed at Vigo terminal
  • Seadrill issuing dollar bonds
  • Worker escapes coal collapse
  • FFA drop adds to VLCC gloom
  • Ship operating costs fall

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The Journal of Commerceweb site
SEPTEMBER 29, 2010
  • Teamsters Offer YRC Major Concessions
  • DOT Builds Wind Towers in Stimulus Project
  • FedEx Freight to Raise LTL Rates 6.9 Percent
  • ILA Worker Discusses Dock Work Stoppage (Video)
  • Tony Hatch Discusses the Future of Intermodal (Video)
  • High-Speed Rail Won't Hurt Freight, Says Szabo
  • ILA Ends NY-NJ Work Stoppage
  • Ports Favor Wireless Technology for Operational Improvements
  • Customs Ends Effort to Change First Sale Rule
  • Truck Tonnage Index Drops 2.7 Percent
  • DOT Issues $50 Million Rail Grant in Vermont
  • ILA Strike Leaves Baltimore Untouched
  • Air France KLM, Martinair Face Cartel Claims
  • Short Lines, Truckstops Eye Lame-Duck Tax Credits
  • Wallenius Wilhelmsen Logistics Names Connor Deputy CEO
  • Russian Stevedore Novorossiysk Boosts Profit 21 Percent
  • BA, Iberia, American Airlines to Launch Alliance
  • NY-NJ Terminals Shut for Second Day by ILA Strike
  • Evergreen Orders 10 More Ships
  • CEVA Sees Peak Shipping Slowing Sharply
  • Zollars to Retire From YRC

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Containerisation Internationalweb site
SEPTEMBER 29, 2010
  • No whiff of toxic gas in Brussels
  • Spain's pain prompts 24-hour stoppage
  • Walkout shuts PANYNJ terminals
  • Resource limits EU Navfor's effectiveness
  • Evergreen strikes contract for 10 more ships

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TradeWindsweb site
SEPTEMBER 29, 2010
  • DryShips ends HSH debt drama
    George Economou-led owner closes in on covenant compliance as bank rubber stamps amendments to $520m loan pact.
  • Wilson wins $670m OSV loan
    South American offshore alliance finds the firepower it needs to grab a piece of Petrobras' 250-ship OSV requirement.
  • Gas players grab Pateras pair
    Athens-based LPG outfit ties up gas carrier duo as owners opt for chartered tonnage.
  • Hallin scores Angola action
    Subsea arm of US-listed offshore player pens West African diving deal with Acergy.
  • Asphalt Venture hijack confirmed
    No word on welfare of all-Indian crew of 15 onboard bitumen carrier seized off Tanzania.
  • Odfjell chops Chinese tanker trio
    Oslo-listed owner cuts half of its chemical tankers on order at Chongqing Chuandong.
  • NATS set for dividend hike
    Slack spot market will not stop rise in third quarter dividend at Nordic American Tanker Shipping, says Herbjorn Hansson.
  • You are our millionth customer!
    Congratulations to Fortune Plum, ship transit number 1,000,000 through the Panama Canal.
  • Wartsila loses engines in sinking
    Barge goes down with six cruiseship power systems in tornado en route to Fincantieri yard in Italy.
  • Jadroplov heading for profit
    Croatian boxship and bulker owner narrows loss in first half as revenues grow.
  • Moller reveals Teekay Corp exit
    CEO Bjorn Moller announces retirement with Teekay Offshore boss Peter Evensen taking over the hot seat.
  • Bulker grounds in Aegean Sea
    Syrian ship awaiting tugs after it lodged on sand off island of Chios.
  • Norwegian ship feared hijacked
    No contact with bitumen carrier Asphalt Venture leads to suspicion of piracy off Tanzanian coast.
  • Statoil stretches Skandi Stord stay
    Norwegian charterer takes up the last of its options on a Dof anchor handler it first fixed over a decade ago.
  • P&O needs good Neighbours
    Cruise line pays for ship to feature in "positive" storyline of long-running Australian soap.
  • Sevan extends Centrica FPSO deal
    Norwegian owner charters cylindrical production unit for another six months in North Sea.
  • Joint venture joy for Camillo Eitzen
    Oslo-listed shipowner reveals potential $9m profit after teaming up with Bourbon boss in ethylene venture.
  • Crew costs continue to climb
    Small bulker owners are the hardest hit as manning expenses rise once again, study shows.
  • Danish ferry pulled after oil leak
    High-speed Villum Clausen out of service until at least 6 October due to lube leak at Ystad.
  • Novorossiysk up by a fifth
    Russian Black Sea port increases profit on higher revenues in first half of 2010.
  • Arpeni appoints lawyers
    Indonesian shipowner appoints legal advisors to contest Korea Securities Finance Corp suit.
  • Paragon likes liner
    Michael Bodouroglou said boxships provided the "best opportunity" for new investments.
  • Mexico closes oil ports
    Key export terminals of Dos Bocas and Cayo Arcas shut down due to bad weather in Gulf of Mexico.
  • UK's Red Funnel readies axe
    Ferry owner to chop more jobs and slash high-speed services to cut spiralling costs.
  • Tankers should take cover
    Gibson's head of research Steve Christy predicts tough times for tankers over the next two years.
  • LR in Far East focus
    CEO Sadler says future will be China, but HQ will never leave 'the home of classification'.
  • China cash dries up
    DnB NOR says shipowners are beginning to return to conventional shipping banks for finance.

news on subscription
American Shipperweb site
SEPTEMBER 29, 2010
  • Shippers laud Oberstar carrier bill
  • 'Golden' opportunity for Asia/Europe rates?
  • Maersk TA2 loop resumes Mobile calls
  • China Airlines to pay in price-fixing probe
  • DOT releases 'next step' of National Rail Plan
  • CBP withdraws 'first sale' proposal
  • Report: Asia spending to $32 trillion by 2030
  • House committee urged to lift Cuba restrictions
  • Livingston offers U.S.-Mexico border brokerage
  • ILA's N.Y., Philadelphia protest enters 2nd day
  • L.A. port hires WWL executive
  • Arian named to Los Angeles port board

news on subscription
The Scandinavian Shipping Gazetteweb site
SEPTEMBER 29, 2010
  • Fjord Line investigates LNG
    Fjord Line Denmark A/S has decided to make a feasibility study for the purpose to use LNG (Liquified Natural Gas) as fuel on the two ferry-newbuildings, which will
  • Fulton captain has passed away
    Legendary captain Mogens Frohn Nielsen has passed away at the age of 75 years. Mogens Frohn Nielsen pioneered the use of sailingships as floating education and school for youngsters with

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The Bunker Bulletinweb site
SEPTEMBER 29, 2010
  • Sales of AWT's ship routing technology increase substantially
    Fleets realise bunker fuel savings of up to 10 percent and in turn reduce carbon dioxide emissions.
  • Bunker market firms in key ports
    Healthy demand in Gibraltar.
  • Little price movement in Fujairah, Suez
    NYMEX showing losses in early trading.
  • Ferry operator's bunker costs $1million off target
    UK company to cut services and axe staff.
  • Supplier pressing for tax relief on bunkers
    IndianOil 'taking the lead' in talks with State Governments.
  • Gains in midweek bunker prices
    Mixed demand in Asia's key bunker ports.
  • Strikes continue to disrupt Fos deliveries
    34 tankers waiting to discharge cargo.
  • SSA head questions low sulphur fuel as green alternative
    Low sulphur fuels mean 'more time and energy' spent on refining, says S.S Teo.
  • Swedish firm wins $6.7 million order for Fujairah terminal
    Supplying automation system for phase 6 of Vopak's oil tank terminal expansion.
  • Systems approach to ship design leads to 'major efficiency'
    Investing in individual components 'not enough', says Rolls-Royce research head.

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