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05 April 2020 The on-line newspaper devoted to the world of transports 16:35 GMT+2

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The Business Timesweb site
SEPTEMBER 14, 2011
Shipping News
  • Shipping costs for iron ore, coal up 4.3%
    The cost of hiring ships to carry iron ore and coal climbed for a third day in London, extending a sixth weekly advance, as demand for the vessels strengthened and the fleet's growth slowed.
  • No action against China Cosco, says Baltic Exchange
    The Baltic Exchange, the world's biggest shipping bourse, is taking no action against China Cosco Holdings Co after the shipowner resumed charter payments for vessels it hired.
  • Baltic index rises to its highest since December
    The Baltic Exchange's main sea-freight index, which tracks rates to ship dry commodities, rose to its highest in nearly nine months on Monday helped by expectation of further iron ore and coal exports to Asia.
  • ICTSI keen to make offer for 2 main Greek ports
Strait Talk
  • Focus on quality - not quantity
    IT'S no secret that Singapore's position as the No 1 global bunkering hub is going to come under pressure, particularly with the prospect of China soon being able to offer large quantities of marine fuel at competitive prices.

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Sched Netweb site
SEPTEMBER 14, 2011
  • Kenya to open five new quick clearance customs posts to facilitate trade
  • Menace of aviation safety hits hard in the easy-going Canadian Arctic
  • St Petersburg's Petrolesport 2nd terminal PLP lifts 500,000 TEU to date
  • Kingston box terminal building to result in 5.2 million TEU capacity in 18 months
  • DHL post growth in Papua New Guinea in mining, infrastructure, oil
  • Despite US shortfalls, high security costs have not impeded aviation growth
  • Ningbo's Meishan terminal throughput surpasses 400,000 TEU in one year
  • Fuzhou port first half foreign trade cargo up 15.5pc to 247,000 TEU
  • Shanxi first half road cargo volume up 6.7pc to 317 million tonnes

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Exim Indiaweb site
SEPTEMBER 14, 2011
  • London Club says owners must not accept exemptions from IMSBC code for DRI cargoes
  • Pipavav Defence & Offshore forms JV with Mazagon Dock to build warships
  • Shipping Secy, Singapore officials confer on maritime issues
  • UK-based NVOCC joins iNTTRA network to provide increased efficiencies
  • JNPT's next Board meet to decide on awarding 4th box terminal
  • Port Pipavav handles post-Panamax coal vessel
  • Barcoded drugs can ensure safety, boost exports: Khullar
  • Cut repo rates, rely on income policy to tame inflation: Fieo
  • FinMin likely to cut new duty drawback rate by 3 pc
  • Govt gives nod for unrestricted cotton exports
  • Govt may exempt coking coal, variants from import duty
  • New Competition Policy will be the second biggest reform initiative: Veerappa Moily
  • sinks to 14-month low on Eurozone gloom
  • Slowdown-hit garment exporters implore govt for incentives

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International Transport Journalweb site
SEPTEMBER 13, 2011
  • Streck and Feldschlösschen to transport more beer by rail
    The transport company Streck and the beer brewer Feldschlösschen intend to increasingly use their rail links in Switzerland for joint beer transportation. For this reason, 21 rail ...
  • Volvo Truck deliveries increase
    Total deliveries from the Volvo Group's truck operations in July 2011 increased to 16,898 vehicles, 18% up on the same period last year. Deliveries in Europe rose by 40%. The trend...
  • Transalpine freight grows stronger on rail than road
    Transalpine freight in Switzerland increased in the first half of 2011 both on the road and on rail. Transport by rail increased more strongly and expanded its market share compare...
  • Port of Barcelona with strong performance
    Container throughput in the port of Barcelona in the first half of 2011 surpassed 1 million teu, an 18% increase on the same period in 2010 and helping to consolidate the recovery ...
  • More than 1 million teu handled at Tanger Med in H1/2011
    Exactly 1,246,321 teu were handled at Tanger Med, which is located on the Strait of Gibraltar and is just 32 km from the European mainland (Algeciras), in the first half of this ye...
  • Poland widens road transport inspections
    The Polish road transport inspection will have the right to check anyone involved with transport by road in future, including freight forwarders, shippers, recipients and loading s...
  • Royal Jordanian set to resume flights to Libya this week
    OneWorld member Royal Jordanian (RJ) expects to resume flights to Tripoli and Benghazi (Libya) by the end of this week, once the necessary approval has been obtained from the relev...
  • Cargo Aircraft Management to convert B767 into a freighter
    The Wilmington OH-headquartered Air Transport Services Group Inc (ATSG) announced that its subsidiary Cargo Aircraft Management Inc (CAM) has committed to purchasing a Boeing B767-...
  • New Pakistan airport to be operational by 2014
    The Civil Aviation Authority of Pakistan will complete the new Islamabad international airport by 2014. The project, which is estimated to cost USD 400 million, will include a carg...
  • Luka Koper volumes and turnover increase in first half
    In the first half of 2011, Luka Koper handled 8.3 million t of cargo (+8% on first half of 2010). Vehicles, containerised and liquid cargos recorded the largest growth rates. Opera...
  • Kuehne + Nagel opens expanded logistics site in Duisburg
    The grand opening of an expanded logistics campus at Logport in Duisburg was held recently, with numerous customers, business partners and the Kuehne + Nagel International executiv...
  • DB Schenker opens new heavy-duty logistics hall
    Schenker Deutschland AG and Vestas, a world market leader for wind power plants, jointly opened a heavy-duty logistics hall of some 5,000 sqm in Mutzschen, east of Leipzig (Germany...
  • Hellmann UK wins My London Girl contract
    Following the recent addition of ten new account managers, Hellmann UK has announced a major new contract with brand new doll and clothing retailer, My London Girl. My London Girl ...
  • Kuehne + Nagel International extends top executive contracts
    Kuehne + Nagel International has prolonged the contracts of CEO Reinhard Lange, to the end of 2013, CFO Gerard van Kesteren, to mid-2014, and Dirk Reich, executive vice-president c...

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Marine Logweb site
SEPTEMBER 13, 2011
  • Salazar unveils proposed new offshore SEMS rule
  • Bollinger Shipyards, Inc. achieves safety milestones
  • Anti-piracy specialist GreySide Group opens London office
  • Oscar Lopez joins T&T Bisso
  • NCSA exercises options for two RoCons for U.S. East Coast service
  • BOEMRE Director fills leadership slots at new offshore agencies
  • Keppel Nantong to build 5,000 t floating crane
  • Frontline sheds last three single-hull tankers

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World Wide Shipperweb site
SEPTEMBER 13, 2011
  • Port of Newport seeking candidates for commission post
  • Puget Sound Partnership taps new leadership council members
  • TITAN Salvage names Dolson management team operations boss
  • Study finds shipping firms substantially cutting pollution
  • Hamburg Sud creates system to track ship environmental info

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Lloyd's Listweb site
SEPTEMBER 13, 2011
  • Now for the good news
    China's rise in imports shows sustained growth in domestic demand. That can only be a plus for shipping
  • Federal-funded naval orders rescue India's shipbuilders
    Commercial contracts dry up in the face of low freight rates and excess tonnage
  • Prospect of IRISL rogue ships stirring Southeast Asian waters
    Concern mounts over possibility that Iranian boxline is trading without adequate P&I cover
  • A disaster would split Asian governments
    Hypothetical event could become reality the longer rogue ships operate without any insurance cover
  • Insurance spotlight on piracy and political instability
    IUMI to focus on piracy, while HMIS to study broader threat of war, revolution and pollution
  • Short-term floating storage volumes fall to lowest level since late 2008
    International Energy Agency reports 48.3m barrels of crude and products kept on tankers at sea
  • Oil demand growth hit by slowing global economy
    Opec revises 2011 estimates that could see even less employment opportunities for the overtonnaged tanker fleet
  • Exploring the Arctic's new frontier
    The northern sea route holds great promise, despite the problems presented by such a harsh environment
  • Credit Agricole and RBS ask bankruptcy judge to throw out Seaarland Chapter 11 cases
    Borrower confident that US court protection will be upheld
  • Hamburg brokers just trying to boost values of ships owned by KG funds
    New valuation standard is redundant as shipping already has the best sale and purchase system in world
  • In defence of armed defence
    Do vessels under flags that condone armed personnel on board attract less attention from pirates?
  • European aframax market stays flat as expected flurry fails to materialise
    North Sea is "surpressed" and Mediterranean continues to suffer from overcapacity
  • Russian society beefs up Greek presence for surveying marathon
    Authorities urge RS to tidy up the mess in classification farce
  • Get flexible, get moving
    China is leading the way on how to deal with the financial crisis
  • Opec optimistic Libyan oil production to reach 1m barrels a day in six months
    Coincides with similar expectations from country's national oil company
  • Japan LNG imports climb 11% above 12-month average
    Less nuclear capacity kept Japanese LNG imports high in August
  • NordLB forces sale of KG fund vessel
    Feedership set for auction after NordLB rejects Castor Kapital restructuring plans
  • van der Jagt moves to Clecat
    Surprise move for shippers' spokeswoman
  • Offshore move insulates Sovcomflot
    Diversified business model protects revenues
  • Maersk's bold gamble will be tested in the market
    Will shippers pay more for a premium service in a low-rate environment?
  • National duty
    The IMO can do only so much to prevent maritime disasters
  • Container freight rate indices 'reliable'
    Alphaliner finds correlations between TSA, SSE and CCFI, despite different approaches
  • Containerships to carry 74% of perishable reefer cargo by 2014
    Specialised fleet will continue to shrink but boxship operators also face problems on pricing
  • ITF highlights concerns over downturn
    Trade growth still slowing
  • Sovcomflot profits fall 36.1% in first half
    Chief Sergey Frank hails performance in a stagnant market
  • Further rises anticipated for Black Sea-Mediterranean suezmax earnings
    Charterers paying premium for available vessels to load crude cargoes next week
  • Ship Finance International sells last three non-double hull VLCCs
    News of the sale comes just weeks after Frontline chief executive Jens Martin Jensen called for owners of 15-year-old double-hull vessels to scrap ships and alleviate oversupply
  • Emissions 'plummet' with slow steaming and low-sulphur fuels
    NOAA research says anti-pollution measures work
  • Yuli Ofer dies
    Younger brother dies three months after Sammy
  • Hanjin's Kim calls for boxlines to ditch 'self-destructive' rates rivalry
    Head of South Korea's largest shipping company says a return to unity is vital

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Fairplayweb site
SEPTEMBER 13, 2011
  • Box lines still gobbling up perishable pie
    AS BOX carriers devour market share in the perishables trade, the conventional reefer fleet is continuing to shrink, a study noted today
  • Philippines training weighed
    THE EC HAS told Fairplay it is still weighing the issue of whether the Philippines should remain certified under the STCW Convention & Code
  • Chapter 11 jurisdiction fought
    ROYAL Bank of Scotland has asked a New York judge to pull the plug on Marco Polo Seatrade's Chapter 11 shield so that its fleet can be liquidated
  • Maersk, CSAV juggle container ships
    BROKERS told Fairplay today that Maersk has chartered seven 8,000teu ships that were relets from Chilean carrier CSAV
  • SFI terminates Frontline VLCC charters
    SHIP FINANCE International said today it would sell three single-hull VLCCs and terminate the related-party charters those tankers have with Frontline
  • 'Bleak' outlook shadows shipping shares
    SHARES of Singapore-listed Chinese shipyards closed lower today after analysts advised caution
  • Hamburg Süd to capture ship emission data
    GERMAN box line Hamburg Süd said today it will start capturing all environmentally relevant data from ship operations from early next year in the first implementation of a Germanischer Lloyd innovation
  • China's trade figures rebound
    CHINA'S foreign trade rebounded strongly in August, although its trade surplus shrank to a three-month low, according to IHS Global Insight
  • OECD sees US-EU recovery lag
    SEABORNE trade handled by the EU and US is stabilising below pre-crisis levels after continual volume declines over recent months, the OECD reported today
  • Maersk Drilling wins Petronas contract
    MAERSK Drilling has signed a one-year contract to provide Malaysia's Petronas Carigali with the 375ft, high-pressure/high-temperature (HPHT) jack-up rig Maersk Convincer for offshore work
  • LPG demand heats up in Japan
    JAPAN'S demand for LPG grew year on year by 11.3% in July, reversing months of declines sparked by its March quake crisis, the IEA said today
  • Australia targets record wheat cargoes
    AUSTRALIA today targeted record wheat export cargoes for the coming grain season
  • Capesize volumes hit two-year high
    CAPESIZE chartering has hit a two-year high on surging demand for spot Chinese iron ore and global coal demand
  • Bill would tighten Jones Act waivers
    LANGUAGE has been added to a US budget package that would make it much more difficult to secure Jones Act waivers for crude cargoes

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The Journal of Commerceweb site
SEPTEMBER 13, 2011
  • ATA 'Skeptical' About Obama's Jobs Bill
    President Obama's jobs bill could hinder rather than help efforts to pass a multi-year transportation bill, American Trucking Associations President...
  • CMA CGM Reshuffles East Coast-Caribbean Loop
    CMA CGM is reorganizing its CAGEMA service between the U.S. and the Caribbean by adding two East Coast port calls...
  • House OKs Transportation Spending Extension
    The House on Tuesday unanimously approved extending highway and aviation spending, boosting hopes Congress will avert the political brinksmanship that...
  • Swift Contracts More Trucks to Wal-Mart
    Swift Transportation said it won a dedicated carriage contract from Wal-Mart Stores that will generate between $60 million and $80...
  • UP Expects Late, 'Compressed' Peak Season
    Union Pacific Railway said international intermodal volume has been recently weak, but customers expect to compress the peak season for...
  • JOC Economist on Declining Home Goods Sales, Housing Market (Video)
    JOC Economist Mario O. Moreno discusses his revised forecast for containerized imports for the remainder of 2011 and into 2012,...
  • Nordana Restarts US-Libya Ro-Ro Service
    Nordana is reactivating its direct roll-on, roll-off service between the U.S. Gulf and East Coast and Libya after suspending the...
  • MOL Hikes Far East-India Rates
    Japanese ocean carrier MOL will seek a new round of rate increases on cargo moving from the Far East to...
  • Report Sees Container Ships Dominating Perishables Market
    Container ships will transport three quarters of perishable reefer cargo by 2014 as they take further market share from specialized...
  • OECD Freight Report Points to Slow Growth
    Global freight volumes declined during the first half of the year, indicating a slowing economy, according to the Paris-based Organization...
  • Russia's Global Ports Doubles Profit on Box Surge
    Global Ports doubled its first half profit to $82.4 million, as Russia's largest container terminal operator boosted domestic box traffic...
  • Emirates Adds Sydney, Hong Kong Freighter
    Emirates SkyCargo began a weekly Far East-Australasia service using a new 777 freighter, as Emirates Airline's cargo division bolsters its...
  • Maersk Looks to Expand Guaranteed Service
    Maersk Line will expand the daily guaranteed service announced yesterday for 12 Asia-Europe corridors to other trades if the concept...

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Containerisation Internationalweb site
SEPTEMBER 13, 2011
  • 'Daily Maersk' sets ambitious targets
  • SeaIntel takes on schedule reliability monitoring
  • Maersk to 'guarantee' transit time from Asia to N Europe
  • Italy's China option fails to settle markets
  • GT Nexus boosts European presence

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TradeWindsweb site
SEPTEMBER 13, 2011
  • Laurin pens new alliance
    Swedish tanker specialist beefs up MR arsenal through partnership with Anglo-Atlantic and Marflet.
  • RBS tests legal tactic
    Creditor 'held hostage' by Marco Polo Seatrade's use of US bankruptcy shield, lawyer argues.
  • Ofer escapes firestorm
    US drops Israeli dynasty from Iranian sanctions list while targeting two more entities in Raffles Park probe.
  • Fairstar in semi-sub deal
    Heavy lift operator signs agreement on semi-submersibles worth just under $20m.
  • Volgo-Balt bashed
    Elderly Russian cargoship damaged in collision with passenger vessel at Travemunde in Germany.
  • Wilson lands IFC injection
    World Bank unit ploughs $80m into Brazilian shipowner's terminal expansion project.
  • Robbers strike again
    Singaporean tug terrorised by raiders off Tanjung Rambut, two days after tanker was targeted.
  • SCF profit drops
    Tough trading conditions in the market take shine off tanker giant's first half results.
  • Risky business
    Gap between steel prices and new VLCC values means Chinese tanker swoop would be "extremely risky" for yards, broker says.
  • Reefer niche safe
    Drewry report says specialised refrigerated trade will continue despite shrinking fleet numbers.
  • Fredriksen exits singles
    John Fredriksen's SFI sells final three single-hulled VLs with Frontline charters shredded.

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American Shipperweb site
SEPTEMBER 13, 2011
  • CBP -- Post 9/11
    CBP chief says funding support remains strong National concern about the size of the federal debt is putting pressure on the federal budget and agencies across the government, but U.S. Customs and Border Protection is likely to escape funding cuts b...
  • September Feature
  • 70 is magic number
  • Congress paves way to extend FAA, highway program
    Congress is poised to pass bills providing short-term extensions for aviation and surface transportation programs without which funding for non-essential services would expire. Congressional leaders reached a deal on both measures late Friday. Acc...
  • Senate critical of Jones Act waivers
    The U.S. Senate Appropriations Committee has criticized the Department of Homeland Security for its handling of Jones Act waivers in a report accompanying the DHS Appropriations Act (H.R. 2017). The Jones Act requires goods moving between U.S. port...
  • Study: Cleaner fuel, lower speeds cut pollution
    California's clean fuel regulations and voluntary slowdowns by shipping companies have substantially reduced air pollution caused by commercial cargo ships near the state's shore, according to a study published online Monday inEnvironmental Scie...
  • Container gain ground in reefer trade
    A new report by Drewry Maritime Research projects that by 2014, about 74 percent of reefer cargo will move on containerships instead of purpose-built breakbulk reefer vessels. Drewry's latestReefer Shipping Market Annual Review and Forecast 2011/1...
  • Hamburg Süd develops emission system
    Container carrier Hamburg Süd and the classification society Germanischer Lloyd said they are jointly developing a data management system for systematically capturing information about shipboard emissions. Data recorders installed on ships collect ...
  • Shipping executive Ofer dies at 87
    Yehuda "Yuli" Ofer, 87, who with brother Sammy co-founded one of the world's largest shipping companies, dies late Sunday night at his home in Herzliya, Israel. Sammy, 89, died in June. The Ofer Brothers Group is a wide-ranging conglomerate that am...
  • Old Dominion opens Wisconsin facility
    Old Dominion Freight Line said Monday it has opened a new service center in Madison, Wis. The center is designed to complement Old Dominion's four existing service centers in Wisconsin, where the trucking industry hauls roughly 90 percent of the ...

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The Bunker Bulletinweb site
SEPTEMBER 13, 2011
  • Washington State Ferries looks to LNG to cut costs
    As the fuel budget increases by $51.7 million in 12 years ago, ferry company looks to cleaner fuel options.
  • Fujairah prices rise
    Deliveries were available for supply up to and including September 27 in Cape Town.
  • Rotterdam market softens
    Congestion expected in Piraeus tomorrow.
  • BP completes sale of African fuel marketing businesses to Puma Energy
    Trafigura subsidiary takes over fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania.
  • Brightoil makes 'significant' move in fuel oil market
    Spot purchase means 'they have finally sorted out the red tape,' says observer.
  • Workboat conference to look at LNG fuel alternative
    Dubai event to 'examine the challenges faced by the workboat community in using LNG'.
  • Cold-ironing 'not worth the expense'
    'The environmental and economic math do not work,' says port authority spokesman.
  • AWT launches accurate vessel monitoring service
    New product from route optimisation service enhances ability to predict a specific vessel's ETA.
  • Asian bunker prices trending up
    Public holidays in Hong Kong and Busan on Tuesday.
  • Singapore bunker sales volumes up in August
    A total of 3.82 million mt of bunker fuels sold in August, according to MPA data.
  • More owners willing to 'fight it out' with suppliers over disputes
    High bunker cost coupled with low income makes shipowners less willing to compromise, says CEO of Masterbulk.
  • Singapore 'strongly supports' IMO measures on green shipping
    MPA has received a 'positive response' on its Green Initiative.
  • Indian bunker industry to tap into growth in trade
    Port expansions and infrastructure developments will benefit bunker players, says director of Valencia Exim.

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