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20 September 2019 The on-line newspaper devoted to the world of transports 22:52 GMT+2

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The Business Timesweb site
JULY 4, 2011
Shipping News
  • Floating oil storage market coming alive
    Enquiry to store crude oil on tankers at sea in the US Gulf is rising, although actual bookings have yet to be finalised, shipping and trade sources said on Friday.
  • Baltic index up on Russia grain hopes
    The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, turned positive on Friday, with the market watching Russian grains exports after a ban was lifted.

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Sched Netweb site
JULY 4, 2011
  • Transpacific rates rise after two months of weekly declines
  • Overcapacity, high oil plunge shipping mood to new low: Moore Stephens
  • Global carbon emissions trading scheme unachievable, say EU officials
  • Mainland-Taiwan direct shipping saves shippers more than US$100 million
  • Maersk expects double-digit growth in boxed palm oil, sugar, rice to Africa
  • Fujian port throughput up 16.2pc in first five months
  • Box ship owner to deploy 'slow-steaming' engines in 5,000-TEU newbuildings
  • DCT Gdansk fetes 'splendour' of its millionth TEU after 3 years operation
  • Maersk Line raises cross-hemisphere rates US$150/TEU
  • Sydney's 10th year of box growth, hits 2 million TEU for first time
  • MOL boosts fleet and revises its Asia-east coast South America service
  • US Coast Guard and EPA join forces on bunker fuel emission inspection
  • Singapore Airlines guilty of price fixing, to pay US$48 million fine
  • UPS Freight increases general rates 6.9pc from August 1
  • Thai cancels freighter ahead of contract term as cargo yields fall
  • Air China receives 4-star awards from SkyTrax at Paris Air Show

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International Transport Journalweb site
JULY 1, 2011
  • United Continental launches new routes from hub cities
    Increasing the recently launched service from NY-Newark to Port-au-Prince, Haiti, from three-times-weekly to daily, United Airlines and Continental Airlines, wholly owned subsidiar...
  • PIA starts to serve Medina
    Pakistan International Airlines (PIA) today starts its Karachi - Medina (Saudi-Arabia) service. From 1 to 11 July, the service will operate with either Airbus A310 or Boeing 777-20...
  • Toronto airport sees strong increase in cargo volumes
    Toronto-Hamilton International Airport, Ontario, which offers Canada's largest multi-modal cargo facility, has bucked the downward trend for cargo handling with recently released f...
  • European Investment Bank (EIB) supports with EUR 800 million for extensions of Poland's motorways on priority transport corridors
    The European Investment Bank (EIB) lends EUR 800 million for the construction of the following two sections of Polish motorways: 36 km of A1 Motorway between Pyrzowice and Maciejów...
  • Raimund Stüer is leaving TX Logistik
    After eleven years Raimund Stüer is leaving the German logistics provider TX Logistik AG effective 30 June 2011. As founding shareholder, he was responsible as Chairman of the Boar...
  • System network of 30 ELVIS partner certified comprehensively
    The German cooperation for truck loads ELVIS has concluded a comprehensive certification process. During the celebration on 27 June, the system's headquarters and 30 participating ...
  • GEFCO Benelux launches a track & trace-system for the vehicle transport
    GEFCO Benelux is launching a pilot project on a system to monitor logistic processes, intended for vehicle transport in the Netherlands. With the system - "GEFCO Arrival at Destina...
  • Duisburg Intermodal Terminal becomes partner of Trans Eurasia Logistics (TEL)
    The direct Duisburg - Moscow container rail link "Moscovite" has now been in operation for over a year and operator TEL - a joint venture of the Deutsche Bahn, Russian Railways and...
  • Etihad Rail invites manufactures to apply for pre-qualification
    Etihad Rail now invites manufacturers to apply for pre-qualification to be shortlisted and invited to tender on a competitive basis. Etihad Rail was established in June 2009 under ...
  • Balfour Beatty Rail/Gammon joint venture awarded EUR 30 million contract for civil and track works
    Balfour Beatty Rail, in joint venture with Gammon Construction, has been awarded the civil and track work contract for the Ulu Pandan and Bishan Depots in Singapore by The Land Tra...
  • Truck tonnage index fell 2.3% in the United States
    The American Trucking Associations' (ATA) advance seasonally adjusted (SA) for-hire truck tonnage index decreased 2.3% in May after decreasing a revised 0.6% in April 2011, reporte...
  • Short Sea: Good parameters essential for growth
    During the fourth Short Sea Congress in Hamburg, the topics of customs barriers in ocean shipping as well as a solution oriented handling of the forthcoming sulphur reduction in fu...
  • Change of partners at Trans Eurasia Logistics (TEL)
    The direct Duisburg - Moscow container rail link "Moscovite" has now been in operation for over a year and operator TEL - a joint venture of the Deutsche Bahn, Russian Railways and...
  • Legal authorities place the Mory-Group under receivership
    Due to the inability to pay, most of the French transport and logistics group Mory was placed under receivership on Monday by legal authorities. For the time being all receivables ...
  • Schenker: More transparency with PIN for the procurement logistics
    Schenker Deutschland AG impose new standards with the online platform PIN (Procurement Information Network). With that the provider for integrated logistics enables industrial and ...
  • BDB: no expansion stop on German rivers and canals
    The German Federal Association for Inland Waterway Transport (BDB) pointed out during an expert hearing in front of the traffic committee of the German Bundestag, that the Federal ...
  • MOL Enhances Asia-East Coast South America Service (CSW)
    Mitsui O.S.K. Lines, Ltd. (MOL) announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 teu co...

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Marine Logweb site
JULY 1, 2011
  • ThyssenKrupp rethinks Blohm+Voss plans
  • U.S. Coast Guard increases safety oversight on MODUs
  • Jackup rig order for Keppel FELS shipyard
  • JF Lehman acquires US Joiner
  • Shipping recruiter warns of LNG staff shortages

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World Wide Shipperweb site
JULY 1, 2011
  • Port of Portland part of team reviewing region's industrial sites
  • WSDOT receives honor for maintaining top fleet
  • Ceremony marks unveiling of Everett fisherman's statue
  • Coast Guard reprimands officer for commanding vessel while intoxicated
  • US rail carloads up during month of May

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Lloyd's Listweb site
JULY 1, 2011
  • Chartering rush ahead of US holiday fails to light up suezmax market
    Owners unable to raise rates on busy chartering due to overcapacity in the Atlantic
  • Oil demand not enough to trump tanker overcapacity
    Saudi Arabia, UAE and Kuwait may be willing to provide additional volumes, but the tanker delivery schedule continues to overwhelm the market
  • Fonterra launches New Zealand freight revolution
    Dairy giant's Kotahi initiative attempts to attract bigger ships and reduce freight costs as CMA CGM reinstates Auckland box service
  • Capesize market could retreat as miners steer clear
    After two weeks of index gains the party may already be over despite a firm tone in the Atlantic
  • Rising wheat imports boost world trade
    High maize prices encourage more use of wheat
  • Slow rally in capesize rates set to continue
    Owners securing $8.30-$8.40 per tonne for voyages from Western Australia to China, with talk of reaching the $8.50 level
  • Vietnam's plan to stabilise economy
    Major global port operators are investing in facilities as the country's box market posts a 17% rise in volumes for 2010
  • DCT Gdansk celebrates a million teu
    Container unloaded from Emma Maersk is millonth box since terminal opened three years ago
  • Antwerp lays out a holistic road map for development
    Total Plan puts emphasis on the entire logistics chain and the customer's role within it
  • Rowan searching for a deal
    Hunt is on for new orders for offshore drilling platforms and acquisition opportunities
  • Rig builders benefit with newbuilds in demand
    Utilisation rates above 90% with high-specification jack-up rigs, deepwater semi-submersibles and drillships all finding work
  • Box carriers face further losses on Asia-Europe
    As rates plummet and capacity rises, it is inevitable more services on the Asia-Europe trade will have to be suspended
  • Why is it so difficult to save lives simply?
    Scarcely a week goes by without a fatal accident in an enclosed space on a ship, but common sense measures to cut the death toll are ignored
  • Prokopiou confirms Seatraders' first boxship orders, at $140m
    Tanker and LNG owner has swiftly rebuilt the fleet of often-overlooked dry arm
  • Finance baton passes to China
    CDB on track with Aegean Baltic Bank and Maersk, while China Exim also targets Greece
  • Boskalis offloads terminal interests
    Sells package of oil and gas terminal activities and eight anchor handling tugs for $450m to Lamnalco
  • Maersk and MSC spearhead new cargo safety drive
    Information on dangerous practices and incidents to be shared across the industry
  • Ceres LNG outsources maintenance to Wärtsilä
    Deal marks continuing trend to find engineering skills outside core shipboard competence
  • CMA CGM boosts green credentials
    French line purchases 18,000 additional eco-containers bringing total to 10% of box fleet
  • Royal Fleet Auxiliary is no easy target
    Commander issues warning to private shipping companies eyeing its business
  • Greek owner to test Cargill towing kite
    Anbros Maritime's handysize bulker Aghia Marina to be fitted with SkySails system
  • Port Botany sees 10th consecutive annual growth record
    Box throughputs up 6.1%, while container volumes up 5.7%
  • Blohm+Voss sale collapses
    Owner ThyssenKrupp says commercial opportunities that justified deal with Abu Dhabi Mar have now faded
  • K Line wants to take its time before committing to very large boxships
    But analyst warns stalling to gauge future growth in cargo volumes is not without risk
  • Chinese banks vie for larger slice of ship finance pie
    Overseas push by China Exim and Sinosure reflect new engagement with foreign deals
  • A rock and a hard place
    Freight forwarders claimed recently that there are not enough trucks left in Europe to support a modal backshift away from ships, but that is missing a key point
  • Nautilus to form Swiss section
    Talks on collaboration also being held with UK unions representing maritime, railway and road transport workers
  • SITC volumes and freight rates up but slowdown could be on the horizon
    Inflation, yuan appreciation and labour costs puts squeeze on Chinese exporters
  • Third Korea Line tanker heads for US court auction
    Minimum bid of $42.5m on Blue Jasper

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Fairplayweb site
JULY 1, 2011
  • Wärtsilä awarded Ceres contract
    CERES LNG Services, a Greek ship management company, said today it has awarded a contract to Wärtsilä covering six LNG carriers
  • Abandoned ferries to be removed from Piraeus
    SEVEN inactive ferries berthed at the passenger terminal of Greece's largest port are to be removed
  • Oorja stake to be sold
    MERCATOR Lines hopes to raise $150M by selling a 30% stake in its Singapore subsidiary Oorja Holdings
  • EC to investigate Spanish tax scheme
    THE EC said today it plan to investigate whether a Spanish tax-lease ship financing scheme is compatible with EU rules on government aid
  • Havila pricing scrapes bottom of range
    HAVILA Shipping, the listed Norwegian operator of offshore vessels, has completed a private placement of 2.56M new shares at 52.50 kroner ($9.50)
  • Ashes to ashes for Panamax coal cargoes
    COAL DATA provider IHS McCloskey told Fairplay today that China is increasing cargoes of coal with high calorific value from South Africa and Australia
  • OSM manages Maersk ships
    NORWAY'S OSM is taking over management of six Maersk Line box ships in the Philippines, its first such deal with the Danish group
  • Suitor, declare yourself
    SINGAPORE securities company DMG & Partners warned today that port operator Portek's unnamed suitor should soon declare its intentions
  • Late Dalrymple flood recovery warned
    PROJECTIONS for Dalrymple Bay Coal Terminal indicate that full recovery from Australia's January floods is now not predicted until 4Q2011, IHS McCloskey reported today
  • Supramax ballasting rises
    SOFTENING Supramax rates are forcing several owners to ballast vessels that normally operate on India/Richards Bay routes

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The Journal of Commerceweb site
JULY 1, 2011
  • U.S. Factory Index Inches Upward, China Slips
    Manufacturing growth in the United States accelerated in June for the first time in five months, according to the Institute...
  • APL Plans Chicago Intermodal Terminal
    Container shipping line APL is building an intermodal container terminal in Joliet, Ill., to strengthen its transcontinental network in the...
  • Q&A: Ocean Carriers Implementing No-Show Fees
    Editor Peter T. Leach gives a preview to his upcoming story in the July 4 issue of The Journal of...
  • Seattle Box Imports Dive 27.8 Percent
    Container imports at the Port of Seattle fell back 27.8 percent in May from the same month a year ago...
  • UPS Freight Hikes Rates 6.9 Percent
    UPS Freight will take a 6.9 percent general rate hike Aug. 1, a move that could signal a stronger across-the-board...
  • Panalpina Aims to Boost Logistics Market Growth
    Panalpina, the Swiss global forwarder and logistics group, vowed to outperform market growth in air and ocean freight and logistics,...
  • Customer Location Central to DC Choices, Shippers Say
    Locating close to customers often is more important than tax and financial incentives in choosing distribution facilities, shippers told The...
  • Global IT Spending Forecast Raised
    The Gartner research group raised its projection for global IT spending this year, saying the industry is absorbing the impact...
  • Surcharge, Freight Rate Updates for June 27-July 1
    Hapag-Lloyd announced a steep hike in its "war risk surcharge" on all cargo moving to and from ports in Libya. The...
  • The Lure of Inland Ports
    Last week, we launched a new Journal of Commerce event in Chicago, the Inland Port Logistics Conference. The name might...
  • Broken Seal, Broken Trust
    Q: We are a motor carrier and have a major customer who has some rigid ideas about the importance of...
  • 3PLs Linked In
    Ken Kowal is one of a small but growing number of logistics professionals wired into social media. Prior...
  • In Stock, Out of Sync
    Inventory management has a dark secret: Forecasting isn't only worthless; it also exacerbates the very problem it was designed to...
  • Smart Ways
    The Teamsters union and some environmental groups have been pushing for a federal solution to clean-trucks standards at the country's...
  • Forwarder Leschaco Names Malambri US Chief
    Freight forwarder Leschaco named Mark Malambri president and CEO of the Germany-based company's U.S. operations. Malambri is joining...
  • NYK Drops Chassis in Oakland, Minneapolis
    NYK Line is extending its plan to phase out chassis services, dropping the equipment provision in Oakland and Minneapolis for...
  • Baird Drops Coverage of YRC Worldwide
    Baird Equity Research is dropping its coverage of YRC Worldwide, as the trucking giant heads toward a financial restructuring that...

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Containerisation Internationalweb site
JULY 1, 2011
  • HFW lists carriers' rites at dawn
  • CSAV talks alliances with MSC and CMA CGM
  • Shippers get new scheduling tool
  • PANYJ achieves record volumes for May
  • Safmarine shuts its services to Iran

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TradeWindsweb site
JULY 1, 2011
  • Reef protection in place
    Surveillance system extended to whole of Australia's Great Barrier Reef after bulker grounding last year.
  • Gard wins Rita legal round
    Skirmishing over costly windstorm losses in the Gulf of Mexico continue in London court.
  • Bye bye, Pipavav Shipyard
    And hello to Pipavav Defence and Offshore Engineering, as Indian yard changes name and focus.
  • Spain under microscope
    Europe investigates legality of leasing scheme for ship purchases using tax relief.
  • Iran violation costs Gen Re
    Payout to Steamship Mutual to reimburse NITC tanker claim falls foul of US sanctions.
  • Yards get more time
    Canada extends deadline for four shipbuilders to submit bids for $35bn of newbuilding contracts.
  • Money beats being broke
    A master of the universe and a humble shipowner speak, the trade off between time and money in ransom negotiations and Noah's Ark runs into trouble again.
  • Cargill picks Anbros
    Trader to put Skysails kite on Greek owner's chartered bulker, the biggest vessel yet to fly the green flag.
  • Tanker crew rescued
    UK warship takes ill seafarers from small UAE-owned vessel that had lost power and was taking on water off Oman.
  • Globus grabs more
    Greek owner sells $22m of shares in follow-on offering to fund supramax buy.
  • Ceres signs with Wartsila
    Finnish engine builder picks up five year maintenance contract for six LNG carriers.
  • Boskalis sells AHTS ships
    Dutch dredging group offloads subsidiary Smit's terminal and offshore ship operations to 50%-owned unit Lamnalco.
  • $3.8bn and counting...
    Having spent a fortune on massive Triple-E boxships already, Maersk eyes more orders.
  • Havila pockets share cash
    Norwegian company raises NOK 198m to take over five jointly owned platform supply ships.
  • DNA database for pirates
    UN anti-piracy group CGPCS aims to have data bank on Somali gunmen up and running next year.
  • B+V sale collapses
    Germany's ThyssenKrupp ends talks with Abu Dhabi Mar over transfer of merchant shipbuilding in Hamburg.
  • Teekay wins FPSO work
    New York-listed owner fixes out $1bn Samsung newbuilding to BG Norge in the North Sea.
  • Rose retires from Dahlman
    New York shipping bank confirms TradeWinds report of management shakeup, replacing chief executive with chairman, Kim Fennebresque.

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American Shipperweb site
JULY 1, 2011
  • Washington Notebook
  • 'Complicit in Iran's strategy'
    'Complicit in Iran's strategy' 'Complicit in Iran's strategy'...
  • Thieving by rockets' red glare
    Freight Watch International warns that the 4th of July weekend has the second-highest rate of cargo theft for any weekend of the year -- second only to Thanksgiving -- over the past five years. In a bulletin this week it said holidays can cause lon...
  • Group asks Maersk for total pullout from Iran
    Following Maersk Line'sannouncement earlier this week that it was ending shipments to three Iranian ports , the pressure group United Against Nuclear Iran (UANI) is asking the world's largest shipping company to completely end business in Iran. ...
  • CSAV in talks with MSC, CMA CGM
    Chilean shipping company CSAV saidit is negotiating with Mediterranean Shipping Co. and CMA CGMabout joint operating agreements or consortia in some services. It said services being discussed include routes between Asia and Africa, Brazil and the M...
  • NYK ends chassis in Minneapolis, Oakland
    NYK Line North America said it will no longer provide chassis in Minneapolis and Oakland for import and export containers moving merchant haulage bills of lading. There will be no change to the chassis provision for carrier's haulage shipments NYK...
  • Jumbo expands representation in Germany
    Dutch heavy lift shipping company Jumbo Shipping has opened a representative office in Bremen, Germany, in cooperation with breakbulk and heavy lift shipbroker Coli Schiffahrt & Transport KG. The new office, Jumbo Agency Germany GmbH, aims to furth...
  • DOT claws $527 million for TIGER III
    The U.S. Department of Transportation announced Thursday it has made $527 million available for a third round of merit-based, competitive TIGER grants to improve infrastructure. Projects must demonstrate their ability to meet one or more criteria,...
  • Gen Re settles Iran penalty
    The U.S. Treasury Department said General Reinsurance Corp., based in Stamford, Conn., has paid $59,130 to settle liability for apparent violations of Iranian Transactions Regulations. Treasury's Office of Foreign Assets Control (OFAC) said the ap...
  • APL builds intermodal yard near Chicago
    Liner carrier APL said Thursday it has purchased land in Joliet, Ill., to develop a new intermodal container terminal. The 43 acres of space was acquired from CenterPoint Properties within the CenterPoint Intermodal Center, the largest inland port...

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The Bunker Bulletinweb site
JULY 1, 2011
  • Fujairah market stable
    Deliveries available for supply in Durban between July 5-11.
  • Rotterdam prices steady
    Avails tight in Hamburg.
  • World's largest maritime surveillance system in operation
    Aim is 'to deter shipping companies and their crews from engaging in unsafe and irresponsible actions'.
  • Global MBM deal to cut maritime carbon emissions 'unachievable'
    EU source says it is 'unrealistic' to expect MBM 'this year, next year or the year after that.'
  • The future of market based measures
    IMO's new secretary general can't be seen as using his position to push Japan's MBM proposal.
  • Warstila signs maintenance contract for dual-fuel engines
    'Dynamic Maintenance Planning offers owners a significant reduction in operating costs,' says engine builder.
  • Dan-Bunkering celebrates senior trader's 25th year
    Company holds reception for Jesper Juhl.
  • Dry bulk carrier to be world's largest kite-powered ship
    System will be installed early next year and will then be 'up and running in a matter of weeks'.
  • Bunker prices falling as week closes
    Demand mixed across major Asian ports on Friday.
  • South China fuel oil imports down 35%
    97% of the fuel oil imports were for supporting bonded bunker operations at South China ports.
  • Indian fuel oil exports to East Asia up 50%
    Cargoes sold at strong premiums due to generally tight fundamentals.
  • Indian shipping firms brace for 'tough times' on rising fuel costs
    Industry expects around 20% hike in operating costs.

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