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07 April 2020 The on-line newspaper devoted to the world of transports 18:49 GMT+2




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The Business Timesweb site
SEPTEMBER 2, 2011
Shipping News
  • Jurong Port to run new Offshore Marine Centre for three years
    JURONG Port Pte Ltd has been named by JTC Corporation as the operator and manager of the Offshore Marine Centre (OMC) for the next three years.
  • China's Cosco to merge freight units
    China's Cosco Group will merge its dry bulk freight units to improve its bargaining power with ship owners, as it struggles with a severe market downturn and payment disputes that have tainted its reputation.
  • Europe ports gain from Baltic trade surge
    Russia and other Baltic Sea states are cushioning Europe's biggest container ports from the worst of the region's debt crisis as their booming economies more than compensate for slowing growth in countries using the euro.
  • Brazil's Vale in talks to engage Chinese ore carriers long term

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Sched Netweb site
SEPTEMBER 2, 2011
  • CMA CGM joins Maersk's positive outlook for modestly good year
  • FESCO Transport Group launches direct Russia-Xiamen Service
  • TSA unveils revenue index, says it's complementary to SCFI rate setting
  • Drewry's box shop league tables pose terminal problems of selection
  • Hong Kong's Kerry to open 10,000-square metre logistics centre in Hanoi
  • Maersk reefer fleet ships bananas from Ecuador to Odessa via Algeciras
  • Manzhouli exports consumables, auto to Russia soar 61pc in first half
  • APM Terminals to build new container terminal in Costa Rica
  • MSC to launch Australian/New Zealand-America Oceania Express service
  • 'K' Line enhances its eastern India service with NYK, RCL, Samudera
  • Panalpina starts intra-Asia trucking from China to southeast Asia
  • DP World marks Eid end of Ramadan by gift-giving at Al Hamriya port
  • US military paid US$720 million in late box charges, war losses lead
  • India to build ports to fight mounting delays, strikes and backlogs
  • UPS latest air-oriented logistics firm to chase cargo in western China
  • Zhengzhou-Luxembourg-Prague-Shanghaicargo cargo flights launched
  • Tianjin Airlines launches Erdos-Hohhot-Manzhouli service

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Exim Indiaweb site
SEPTEMBER 2, 2011
  • Boxship orders on a roll
  • China-Med spot rates continue surge
  • CMA CGMs H1 revenue up 8 pc
  • CONTAINERSHIPS drops North Europe-Med loops; to improve Baltic, UK runs
  • Government to restrict entry of ships over 25 years of age
  • Green taxes won't work: Shippers
  • HAMBURG SUD expands presence in West Coast Central America
  • Humen port to connect South-East Asia, Japan, North Korea, Taiwan
  • KMTC LINE (HK) adds Hong Kong to KISK service
  • MOL hikes intra-Asia rates
  • MoS issues guidelines for deployment of armed guards on merchant vessels
  • Tanker fleet to grow three times demand: Clarkson
  • India, S. Africa to strive for $ 15 bn trade by 2014
  • Asian terminal capacity utilisation projected to surge
  • JNPT observes Sadbhavana Day
  • KoPT commences transloading operations at Konica Sandheads
  • MbPT Deputy Secretary retires
  • SPM could be in place at New Mangalore Port by May
  • Work in progress to deepen Vallarpadam terminal draught
  • Air India's freighter mismatch impacting cargo biz: Report
  • Gujarat govt striving to boost SMEs
  • Be part of the anti-corruption movement

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International Transport Journalweb site
SEPTEMBER 1, 2011
  • Strong Swiss franc: Astag calls for stimulus programme
    The possible recession and continued strong franc are also causing problems for the Swiss transport business. The main issues are the drastically dwindling margins in business abro...
  • APM Terminals to build port project in Costa Rica
    APM Terminals has signed a USD 992 million 33-year concession contract with the Costa Rican government to design, finance, construct, operate and maintain the new Moin Container Te...
  • Port of Long Beach to renew lease with Toyota
    The Long Beach board of harbor commissioners recently gave the go-ahead to a USD 240 million, 20-year lease renewal with Toyota Motor Sales, keeping a major hub for one of the worl...
  • OOCL orders two super-postpanamax gantry cranes for KAOCT
    OOCL recently announced that two super-postpanamax gantry cranes will be installed at OOCL Kaohsiung Container Terminal (KAOCT) in Kaohsiung port (Taiwan). The crane procurement is...
  • FAA proposes civil penalty against Capital Cargo
    The Federal Aviation Administration (FAA) is proposing a USD 298,500 civil penalty against Capital Cargo International Airlines (CCIA) of Orlando FL, for allegedly operating eight ...
  • ATCO harmonises European air traffic controller licensing
    Yesterday marked the entry into force of new European rules for the licensing and medical certification of air traffic controllers (ATCO). EU Commission directive 805/2011 creates ...
  • Brunswick Rail acquires Proftrans
    Brunswick Rail, Russia's leading railcar operating lessor, has purchase the rail operator Proftrans, which specialises in the transport of metal by rail. The company's rail fleet c...
  • Iberia boosts services to Equatorial Guinea
    As part of its expansion in Africa, the Spanish carrier Iberia has added one weekly flight between Madrid and Malabo in Equatorial Guinea. The airline now operates six weekly retur...
  • Swiss track access prices see double hike
    Swiss track access prices are to be raised in two steps, from January 2013 and January 2017, as was decided by the government yesterday (Wednesday). The additional annual income of...
  • Kerry Logistics opens new Hanoi centre
    Kerry Logistics is continuing its expansion in Vietnam, opening a new logistics centre in Hanoi. The 10,000 sqm facility will focus on providing a broad range of services for the e...
  • Globe Express Services opens Miami, Guangzhou and Suzhou locations
    Globe Express Services (Overseas Group), one of the world's 85 largest logistics providers, has added three new locations to its network, namely in Miami FL (USA), Guangzhou and Su...
  • Norbert Dentressangle posts strong sales and profit growth
    The French transport and logistics group Norbert Dentressangle ended the first six months of 2011 with strong sales and profit growth. Sales jumped by 21.9% - from EUR 1.4 to 1.706...
  • Ralf Steinhilber new Bizerba director
    Ralf Steinhilber has been the new director of food processing at Bizerba since 1 August. Bizerba is a global provider of professional weighing, labelling, information and food serv...
  • UPS: electric vehicles replace diesel trucks
    UPS has purchased 100 all-electric delivery vehicles for deployment in California. The 100 vehicles will be acquired from Electric Vehicles International of Stockton CA, and will r...

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Marine Logweb site
SEPTEMBER 1, 2011
  • Vice Admiral Paul Sullivan USN (Ret.) joins Gibbs & Cox board
  • First new series Stena Bulk Suezmax named in Korea
  • Noble exercises option for fourth drillship

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World Wide Shipperweb site
SEPTEMBER 1, 2011
  • Port of Olympia-backed FTZ now more business friendly
  • Patrol boat battery gasses send Coast Guardsman to hospital
  • Philippine school built with cargo containers from APL
  • Sept. 11 fallen to be remembered as part of AAPA Annual Convention
  • Port Metro Vancouver points to clean air strategy progress

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Lloyd's Listweb site
SEPTEMBER 1, 2011
  • Will China keep Sudan in check?
    The newly formed South Sudan will have to continue to pay an exorbitant price to get its oil to market
  • Front row seat for Sosrep's casualty debut
    History in the making as reefer ship Dole America crashed into the 90 ft high Nab Tower in the middle of the Solent
  • Rotterdam Rules mark significant milestone
    Pressure from the US tipped to bring ratification
  • Case study in rising to the top
    Award-winning maritime lawyer Helen Noble looks back on a career that has led her to Dublin via Singapore and Sakhalin
  • Small changes make a big difference
    While regulation has helped drive innovation in emissions management, market forces have also played a role
  • UK anti-corruption watchdog warns industry over bribery
    Serious Fraud Office issues warning to those who might be tempted to cheat the system
  • The downside of big leaps forward
    There needs to be the clear-headed perspective that we will not have thought of all possible consequences of using new and unusual technologies
  • DryShips 'very bullish' on offshore drilling investment
    But executive says share trades at 'steep discount' given valuation of recent takeover bid for rival drilling outfit
  • New index offers box trades hedging benchmark
    WCI attracting interest from trading houses, carriers and shippers
  • Torm to close LR1 pool
    Part of effort to take company back into profit
  • Product tanker earnings fall to nine-month low as US gasoline imports slide
    Diesel trade from US to Europe seeing rising activity
  • STX OSV cashes in on offshore ordering spree
    Singapore shipyard's prospects have brightened greatly since its November 2010 stock market listing
  • STX OSV gets analysts talking
    Analysts agree that timing is auspicious to buy into the company, based on the likely continued ordering in the offshore support vessel space
  • STX OSV growth spurt set to continue
    Singapore-listed shipbuilder targets Brazil and Norway as key growth markets
  • CMA CGM calls on small lines to quit Asia-Europe trades
    Rodolphe Saadé puts pressure on weaker operators
  • Largest ever vessel carves northern sea route record
    Sovcomflot tanker Vladimir Tikhonov completes passage in under eight days
  • Drewry casts fresh light on container terminal ownership
    Equity teu ranking tackles danger of the total teu method creating double counting where more than one operator has a shareholding in the same terminal
  • Golar eyes $120,000 per day LNG shipping rates next year
    Rising LNG shipping demand expected to push prices up to $135,000 per day by 2013
  • Wan Hai Lines joins ranks of loss making box lines
    Most Taiwanese shipping companies performance worse than expected
  • Marco Polo brings contempt of court charge against Credit Agricole
    New twist in New York Chapter 11 case
  • Bullish sentiment in supramax market unjustified
    Owners are asking for high rates but charterers are stepping away from the market to put downwards pressure on prices, brokers say
  • Natural attrition
    The challenge now in the container trades is to pick the next takeover target
  • Stability matters
    There's no proof that Brussels' removal of the antitrust exemption for box lines in Europe was a net benefit to the customers of maritime trade
  • Intra-Asia conference pushes for rate increase on cargoes to and from Japan
    New rates to come into effect in October are aimed at partly recovering lost revenue
  • Secondhand sales volumes poised to slow to lowest level in a decade
    Owners reluctant sell ships as asset values fall
  • Ports warning over security risks
    Funding cuts put US ports at risk of attack
  • Lloyd's List launches iPad, iPhone version, free to subscribers
    News on the move
  • ICS urges New Zealand to retain conferences
    Most competition authorities recognise the benefits of co-operation, says Chamber
  • European Union expected to lift Libya sanctions on Friday
    Ports of Tripoli, Zuara, Zawiya, Khoms, Ras Lanuf and Marsa El Brega involved

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Fairplayweb site
SEPTEMBER 1, 2011
  • BHP to expand coal terminal in Oz
    BHP BILLITON reportedly plans to spend about $350M to expand the world's largest coal port
  • China asks WTO to reverse cargo ruling
    BEIJING said today it has appealed an international ruling that its controls on exports of raw materials violate trading rules
  • Bank accused of contempt
    MARCO Polo Seatrade has asked a New York bankruptcy judge to declare Credit Agricole in contempt for its continued arrest of the tanker Montiron
  • Panamax owners left out
    PANAMAX bulker owners can only watch as Capesizes go from strength to strength, with few spillover benefits for their sector
  • Capesizes rise to new high
    CAPESIZE average timecharter rates have surged to a 2011 high, rising $2,942 to hit $19,610 per day, from last week's record of $19,010
  • Heat's on at Cai Mep
    THE RUSH by liners and port operators to tap Vietnam's growth has led to intensifying competition at its new deepwater port, Cai Mep
  • LR1 levels soften after all
    PREDICTIONS that naphtha demand would surge in Asia have failed to take off, as LR1 freight levels softened following the firming of the past two weeks

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The Journal of Commerceweb site
SEPTEMBER 1, 2011
  • SUNY Maritime College Gets First Female President
    Former Rear Adm. Wendi Carpenter on Thursday became the first female president of State University of New York Maritime College,...
  • Oil Spill Partially Closes Mobile Shipping Channel
    The Coast Guard on Thursday closed five miles of the Port of Mobile's shipping channel because of a heavy crude...
  • Railroads' Vehicle Shipments Strongest in Months
    Major North American railroads saw their carloadings of automobiles and other large equipment rise 5.3 percent last week, to the...
  • Chamber Calls for Multi-Year Transport Bill
    The U.S. Chamber of Commerce on Thursday called on Congress to act more boldly to pass a new long-term transportation...
  • TSA Carriers Seeing "More Robust" Bookings
    Transpacific Stabilization Agreement carriers have seen "more robust forward bookings and other favorable market signals" since implementing a peak surcharge...
  • GOP Leaders Challenge Obama on Transportation
    Two key congressional Republicans pushed back at President Obama's over who bears responsibly for stalled transportation spending measures, while agreeing...
  • Firm Develops LNG-Powered Container Ship
    Japan's IHI said that its wholly owned shipbuilding subsidiary, IHI Marine United, has developed low-emission large container ship that can...
  • Damco Launches Online Carbon Calculator
    Damco, the combined logistics brand of A.P. Moller-Maersk, launched an online calculator enabling shipper to track the carbon dioxide emissions...
  • Shippers Call for Asia-Pacific Liner Conference Ban
    Shipper groups, extending their drive against collective ocean carrier actions, are calling on regulators in the Asia-Pacific region to follow...
  • Caribbean Shipowners Implement Peak Surcharge
    The six-member Caribbean Shipowners Association said Thursday it will implement its planned peak season surcharge on southbound containers to all...
  • Brown Trucking Adds Technology to Track Trailers
    Regional truckload carrier Brown Trucking is investing in trailer-tracking technology to better manage its fleet and effectively increase capacity. ...
  • Trucker Celadon Adds $100 Million to Credit Line
    Truckload carrier Celadon Group increased its credit facility to $100 million and reset its credit terms as it eyes future...
  • World Container Index Goes Live
    The World Container Index went live today, with the first Europe-based assessment of ocean freight rates showing increases on some...
  • US Manufacturing Index Slips Closer to Contraction
    The Institute of Supply Management's U.S. manufacturing index slipped back 0.3 percentage points in August to its lowest point in...
  • Jacobson Parent Buys Asian Forwarder
    JHCI Holdings's acquisition of essentially all of the assets of G-Link Express Logistics, a Singapore-based forwarding group, strengthens the third-party...
  • Westports Malaysia Volume Up 17 Percent
    Westports Malaysia in the first half saw volume rise 17 percent year-over-year to 3.1 million 20-foot container equivalent, as the...

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Containerisation Internationalweb site
SEPTEMBER 1, 2011
  • GT Nexus shipper council backs Maersk Manifesto
  • TSA hits back at shipper criticism of index
  • ICS urges NZ's PC to preserve status quo
  • UN raises West African piracy as an issue
  • Mombasa losing market share

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TradeWindsweb site
SEPTEMBER 1, 2011
  • Torm torches LR1 pool
    Pool pioneer seeks "strategic partnerships" after parting ways with product carrier partner Reederei Nord.
  • Denholm exits Eagle
    Alan Ginsberg cools fears surrounding future of US-listed bulker owner's fledgling trading arm following sudden departure of top commander.
  • Marco challenges arrest
    Antonio Zacchello-backed tanker operator turns the tables on senior lender as high-stakes bankruptcy battle brews in the US.
  • EMSA boss to step down
    A replacement for EMSA's executive director Willem de Ruiter is being sought.
  • New Jewell in ACM's crown
    London-listed broker confirms the recruitment of MC Shipping finance chief to head up new Dubai venture.
  • Jeddah volumes jump
    Saudi Red Sea port boosted container numbers in first half, and also handled more ferry traffic.
  • Size stands in Cosco's way
    Chinese owner's scale and state backing mean companies are less willing to rejig contracts, says Barclays Capital.
  • Raffles raising cash
    China-based offshore constructor aims to raise $100m from a share issue to existing shareholders.
  • Cape climb will peak soon
    A surge in capesize rates is nearing the summit with a significant improvement only coming late next year, Jefferies says.
  • Thor Gitta brought in
    Danish cargoship will offload rice cargo from grounded bulker Angel 1 off Mauritius.
  • Greek scores NSR first
    Piraeus operator claims 'Blue Ribband' for North Sea Route
  • Mercantile under pressure
    Sri Lankan owner renegotiating payments for its multipurpose vessels as rates drop.
  • Weak spots spur S&P cuts
    Malaysian shipowner MISC sees its ratings dropped by agency due to industry downturn.

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American Shipperweb site
SEPTEMBER 1, 2011
  • Longer term 'difficult to predict'
  • A tool for longer-term contracts
  • 'I expect direct calls'
  • CMA CGM looks to South America for growth
    2011 will be profitable, but "a more classic year with financial results that are more in line with the industry standard" following exceptional profits realized by it and other carriers in 2010, and the losses the industry saw in 2009, said Rodol...
  • Legislators criticize Jones Act waivers
    A bipartisan group of legislators havesent a letterto President Obama criticizing the repeated use of waivers to allow oil companies to use foreign-flag ships to transport oil from the Strategic Petroleum Reserve (SPR). "We strongly urge the Admini...
  • ICS urges retention of New Zealand's antitrust
    The International Chamber of Shipping has urged the New Zealand government to retain antitrust exemption for the liner carrier industry as the nation considers making changes to its maritime competition regime. The chamber has asked the government...
  • Maersk tweaks Europe/Canada loop berth hours
    Maersk Line will amend the berthing pattern of its TA4 service between northern Europe and Canada from Sept. 12, the line said in a notice this week. "There will be a slight change in the Canada service (TA4) to accommodate increased containers to...
  • Old Dominion names Parr, Raynor VPs
    Old Dominion Freight Line has appointed Ross Parr to vice president, deputy general counsel and assistant secretary. Additionally, the Thomasville, N.C.-based company named Jim Raynor as vice president of equipment and maintenance. Parr joins Old ...
  • APMT offers container repair near Copenhagen
    APM Terminals-Cargo Service said it is offering maintenance and repair service at DB Schenker's rail terminal in Hoeje Taastrup, near Copenhagen. The service is designed to help shipping lines and truckers avoid traffic delays in Copenhagen's city ...
  • BIS provides transshipment 'best practices'
    The U.S. Commerce Department's Bureau of Industry and Security on Wednesday published a new set of "best practices," developed in cooperation with U.S. industry, to help guard against the diversion of dual-use items shipped to a transshipment "hub...

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The Bunker Bulletinweb site
SEPTEMBER 1, 2011
  • Fujairah prices mixed
    Earliest delivery dates from September 5-6 onwards.
  • Weak bunker demand sees fuel oil stocks climb
    Buyers deterred by volatile market.
  • Bunker prices movement mixed
    Rotterdam 'dead as a doornail' says player.
  • Chimbusco take-over on track
    But Cosco says regulatory and government approvals are still needed.
  • Praxis Energy Agents moving HQ to Dubai
    Relocation from Athens 'a strategic step' says global marine fuel trader and broker.
  • Uncertainties remain in implementing MARPOL Annex VI
    Major study examines the outlook for marine fuel developments to 2030 in light of emission regulations.
  • Body recovered from Singapore waters
    Reports say its believed to be the agent who fell overboard.
  • Bunker prices lack direction
    Players report slack demand at key Asian bunker ports.
  • Russian supplier receives bunker tanker
    Tanker acquired by bunkering division of Nevsky Mazut.
  • Chimbusco starts offering 500 cSt grade at Shenzhen
    Chimbusco is the second supplier to offer the high viscosity grade in the port.
  • NOCC cuts Q2 losses
    One of its car carriers sustained 'minor damage' while bunkering in Singapore.
  • Cosco International's bunker arm posts higher revenues in H1
    Sinfeng Marine reports 21% higher revenues amounting to $387.16 million in H1 2011.
  • Japanese firm develops LNG-fuelled box ship
    Plans to market newbuilds to both domestic and international markets.




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