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05 April 2020 The on-line newspaper devoted to the world of transports 15:26 GMT+2

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The Business Timesweb site
SEPTEMBER 16, 2011
Shipping News
  • Cruise terminals act to woo more cruise lines
    Asian cruise terminals are trying to turn themselves into 'one-stop shops' to woo more cruise lines to the region.
  • Dry bulk market overshadowed by oversupply
    The dry bulk shipping industry will face more pressure in the coming months as owners struggle with a growing glut of vessels and a global economic slowdown, a top ship industry official said on Wednesday.

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Sched Netweb site
SEPTEMBER 16, 2011
  • ANZDA peak season surcharges of US$250/TEU, $500/FEU apply Oct 15
  • Container volumes in north Europe expected to fall in 2012: Port Tracker
  • Evergreen cuts in half UAM pendulum service
  • MCC Transport to deploy 5,527-TEU feeder on Tanjung Pelepas-Thailand run
  • Chongqing handles 3.4 million tonnes of international cargo in half year
  • China passes port construction fee collection target by 14pc to US$1.8 billion
  • Reefers out of South America rated tops in SeaIntel on-time reliability index
  • Danske Bank's European Freight Forwarding Index indicates more gloom ahead
  • Felixstowe needs rail upgrade to support box growth: KPMG accountants
  • US seaports race to boost infrastructure ahead of Panama Canal expansion
  • Kuehne + Nagel expansion in at Duisburg logistics 'campus'
  • Cathay-Dragonair cargo down 11.8pc to 131,448 tonnes in August
  • New congressional deal likely to keep FAA functioning until February
  • Netherland's e-freight is expanded at Schiphol with academy
  • Aviation provides high divorce rates in India - says counsellor

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Exim Indiaweb site
SEPTEMBER 16, 2011
  • InterManager calls for freedom of choice in deploying armed guards onboard ships
  • Maersk Line launches unique Daily Maersk service between Asia & North Europe
  • Shanghai to host worlds largest gathering of freight forwarders
  • Views differ on exempting liner conferences from competition laws
  • Pak approves import of extra 18 items from India
  • Traders ink contracts to export 5 lakh t of rice
  • JNPT hosts seminar on ballast water
  • Mazagon Dock-Pipavav shipyard deal hits choppy waters
  • Govt may review ban on onion exports: Thomas
  • Inflation climbs to 9.78 pc in Aug.; rate hikes likely
  • Rising costs put seafood exports in a bind
  • State to refund VAT paid by SEZ units: Chavan
  • Third India-China-Russia trilateral conference on September 20, 21

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International Transport Journalweb site
SEPTEMBER 15, 2011
  • Loxx on expansion drive
    Loxx is expanding with a new 20,000 sqm plot at its site in Gelsenkirchen (Germany). The company aims to use the new site for one or two customers, to expand value-adding services ...
  • Lloyd Fonds launches first maritime venture capital investment
    Lloyd Fonds is launching a strategic investment option in a venture capital investment in maritime port logistics in its private placement Lloyd Fonds Maritime Innovation. With a m...
  • Southern Air to operate three more B777Fs for DHL Express
    Southern Air to operate three more B777Fs for DHL Express Express provider DHL is adding three Boeing B777 freighters that will expand its capacity and boost transit times along gr...
  • SkyCargo reaches Down Under
    Emirates SkyCargo, Emirates Airline's freight division, celebrated the inaugural service of its new Far East and Australasia freighter route recently. The weekly service, operated ...
  • Swissport rolls out Transputec's Shield Intelefile
    Swissport International, one of the world's leading providers of cargo services to the aviation sector, has signed a global contract with London-based Transputec Computers for its ...
  • PD Ports welcomes increased capacity on Teesport-Zeebrugge service
    P&O Ferries' new freight ferry, the "Bore Song", will significantly expand capacity on the service to Teesport. The Bore ro-flex class ship, chartered by P&O from...
  • Demag Cranes delivers five mobile port cranes to the Netherlands
    Demag Cranes is further expanding its business in the Netherlands. The company recently won orders from three major terminal operators for the delivery of five Gottwald mobile port...
  • Nicolette van der Jagt to head Clecat
    Nicolette van der Jagt is set to succeed Marco Sorgetti as director general of Clecat, the Brussels-based European Association for Forwarding, Transport, Logistic and Customs Servi...
  • DB Schenker adding branches in China
    DB Schenker, the logistics unit of Deutsche Bahn (DB), aims to further expand its network in China. By the end of the year, 15 new sites are to be created there. These include citi...
  • Vopak and Enagas complete acquisition of LNG terminal in Mexico
    The joint venture between Vopak (60%) and Enagas (40%) has successfully completed a previously-announced acquisition of an LNG storage and regasification terminal in Altamira (Mexi...
  • Old Dominion opens facility in Madison, Wisconsin
    Thomasville (USA)-based transport company Old Dominion Freight Line recently opened a new service centre in Madison. The centre complements Old Dominion's four existing service cen...
  • UIRR welcomes amendment to Eurovignette
    The European Council reached a landmark decision recently, approving the compromise amendment to the Eurovignette directive. The UIRR welcomes this resolution as a breakthrough in ...
  • Daimler Trucks among ÖkoGlobe prize winners
    The Mercedes-Benz Atego BlueTec Hybrid truck was one of the prize winners at ÖkoGlobe 2011, held in Karlsruhe recently. Europe's first production series hybrid truck took third pla...

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Marine Logweb site
SEPTEMBER 15, 2011
  • Bridgestone cops plea in marine hose price-fixing case
  • Another $1.82 billion for second and third Zumwalt class destroyers
  • 825-ton superlift completes aircraft carrier's stern
  • Lürssen Werft said to make offer for Blohm + Voss
  • VT Halter Marine delivers second OSG ATB tug unit
  • IHC Merwede enters dredge rental market
  • Austal USA launches first JHSV
  • InterManager seeks freedom of choice on use of armed guards
  • Bryan Nichols joins Vigor Industrial sales team
  • Joint Investigation Team issues Deepwater Horizon report

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World Wide Shipperweb site
SEPTEMBER 15, 2011
  • Port of Newport demolition work set to go around the clock
  • Camas-Washougal development board schedules After Hours presentation
  • Matson continues string of Quest for Quality awards
  • Halter Marine delivers new articulated tug barge
  • Panama Canal Authority partners with Port of Corpus Christi

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Lloyd's Listweb site
SEPTEMBER 15, 2011
  • Opec maintains hold over crude prices
    In 2010, more than 80% of variability in global exports could be explained by fluctuations in Middle East exports; a trend that is continuing
  • Cost-sharing buoys owners' profits
    Multi-client strategies allow data to be licensed to multiple parties
  • Pre-exploration seismic data offers competitive advantages
    Better data means a higher probability of finding commercial quantities of hydrocarbons
  • Seismic vessel owners upgrade fleets to stay ahead of the game
    Cash flow generated from operations is being plowed back into fleet upgrades
  • Time to sharpen negotiation skills
    Optimism is key to clinching the best deals but often 'ambition levels' are set too low
  • Rust buckets: It's not what you call it, it's how it's done
    Shashank Agrawal insists on the phrase 'ship recycling', but breaking up safely is hard to do
  • MIRG to be wound up in December
    Owners and unions slam UK decision to look to private sector for emergency response
  • Golar said to have secured 10-year LNG charter for newbuilding
    Vessel is one of eight on order at Samsung Heavy Industries in South Korea
  • Transatlantic gasoil trade from US still on top
    As gasoline trade from Europe stays sluggish
  • China well-placed to weather slump
    Maritime sector stays aggressively positioned for growth despite inflation, export troubles and a stronger yuan
  • South-east Asian cargoes drive supramax rates up in the Pacific
    Atlantic market is "running out of steam" say brokers
  • AET relets VLCC to Unipec for floating storage
    MISC-owned vessel chartered out for 60-90 days employment at rates well above current spot market
  • European shippers welcome Daily Maersk
    Focus on total transportation time is more momentous than may appear at first sight, says Cambon
  • US ethanol exports fuel chemical tanker market
    As US gasoline consumption drops, the US exports more ethanol on specialised vessels
  • Fire on Hurtigruten ferry kills two crew
    Investigation launched after more than 260 people flee blaze on ro-ro Nordlys
  • Tui denies rift over future of Hapag-Lloyd
    IPO still an option for disposing of container line stake
  • IEA ends disrupted Libyan oil supply action plan as sanctions are lifted
    About 97% of crude and oil products stocks released in late June were used
  • InterManager calls on flag states to allow guards on vessels
    Armed guards are in the best interest of seafarers
  • Capesize rates decline for the first time in seven trading days
    Fixtures for Australia-China iron ore voyages show dip in prices
  • UK Parliament's transport committee to probe low-sulphur fuel rules
    Four-week period to hear industry evidence on impact of regulations
  • HMM ups the ante on emerging markets
    Korean boxline shifts to 20% short-term charter to capture opportunities on African and Latin America trades
  • Containers safety database goes live
    Carriers and ship operators being invited to join up with CINSnet organisation
  • Up in smoke
    Axing the UK's Maritime Incident Response Group could go badly wrong
  • Uncertainty over location of pirate attacks after the monsoon season ends
    Concerns over attacks beyond naval patrol areas and possible new targets, such as rigs
  • Le Havre quashes China takeover talk
    Port's commercial director says Hsueh Sheng Wang warehousing deal has sparked misleading headlines
  • Port Klang expects double-digit growth in 2011
    Intra-Asia trade is helping Malaysia's largest container port maintain its momentum
  • Time to embrace EEDI
    The International Chamber of Shipping is right in urging shipowners to embrace EEDI
  • Call for owners to pay ransoms sooner
    Negotiating over small sums only increases distress on seafarers.
  • Petrobras pays premium for ageing Ship Finance International VLCCs
    Brokers say John Fredriksen company has done an 'exceptional' deal above scrap-market values

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Fairplayweb site
SEPTEMBER 15, 2011
  • London adds to Thames cat network
    LONDON has opened a £1.7M ($2.7M) addition to its Thames high-speed transport network, the Port of London Authority told Fairplay today
  • Novorossiysk grain gains
    RUSSIA'S Novorossiysk Commercial Seaport said shipments of grain during August rose to 990,000 tonnes, 24% better than in July
  • First nuclear waste since quake reaches Japan
    A NUCLEAR fuel carrier reportedly docked today with the first cargo of radioactive waste to be transported to Japan since its Match quake crisis
  • Bullish semaphore seen for MR tankers
    A FLIP of two medium-range products tankers indicates the sector's bullish outlook, according to Norwegian shipbroker Lorentzen & Stemoco
  • Weak FFA affects Capesizes
    BROKERS told Fairplay today a big gap between the physical and paper markets of Capesize bulkers is slowing pushing rates up
  • Keppel shares seen as bargain
    ANALYSTS said today a drop in the value of Singapore rig builder Keppel's stocks could spur investors, given the stock's blue-chip status
  • Trickle-down tracked at last
    BROKERS told Fairplay today Panamax bulker rates have started slowly rising, signaling that the Capesize recovery might finally be trickling down
  • Wallet in hand, Precious open to spot
    KHALID Hashim, boss of Thai drybulk carrier Precious Shipping, today told Fairplay he is open to the spot market
  • Lürssen said to bid for Blohm + Voss
    GERMAN yacht and naval shipyard Lürssen is believed to be competing to take over compatriot builder Blohm + Voss

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The Journal of Commerceweb site
SEPTEMBER 15, 2011
  • Truck Carriers Seeing Strong Demand
    Truckload demand is stronger than the general economy, with TransCore Freight Solution's spot market index climbing 47 percent from a...
  • Greenbrier, ARI See Strong Railcar Market
    Railcar manufacturer Greenbrier and American Railcar Industries continue to see strong demand to build new units, in what they say...
  • UPS Expects Rising Revenue, Profit Through 2016
    UPS will increase revenue 6 to 8 percent annually through 2016 and raise earnings 10 to 15 percent during that...
  • Maersk's Kolding On Daily Service, On-Time Delivery (Video)
    Maersk Line CEO Eivind Kolding discusses the carrier's new daily Asia-Europe service, which consists of 70 post-Panamax ships leaving from...
  • Workers Strike Again at Indian Port
    Workers at India's Port of Chennai launched a wildcat strike Thursday morning to protest the death of a colleague in...
  • UPS Projects Strong Holiday Shipping Growth
    UPS is gearing up for what it expects to be one of its strongest ever holiday peak shipping seasons, and...
  • Tablet Computer Shipments Soar 300 Percent
    Personal computer sales are slowing, but portable tablet computers are flying off the shelves, and shipment forecasts for the products...
  • Ex-ILA Officer Charged With Embezzlement
    A former officer of an International Longshoremen's Association Local 1233 in Newark, N.J., was charged with stealing more than $100,000...
  • ILWU Reaches Pact With Grain Operators
    The International Longshore and Warehouse Union reached a tentative agreement late Wednesday with grain elevator operators in the Pacific Northwest,...
  • Moody's Gives J.B. Hunt 'Positive' Rating
    Moody's Investors Services raised its ratings outlook for intermodal trucking giant J.B. Hunt Transport Services from stable to positive, based...
  • Gaps in Margins
    One of my curious discoveries when researching a column recently on the growing market share of non-vessel-operating common carriers in...
  • Infrastructure Party Poopers
    Q: Can you help me understand what's going on in Washington these days? President Obama has proposed extending funding...
  • Maersk Goes Daily
    If Maersk Line's latest bid to muscle aside competition for shipper business is to succeed, the carrier will have to...
  • Whose Economics?
    It's tempting to look at Maersk Line's announcement of daily service with delivery guarantees within the tight parameters of the...
  • Port of Mumbai Extends Breaks To Shippers
    The Port of Mumbai extended by six months its concessions on container stuffing and de-stuffing charges to boost container throughput,...
  • MCC Adds Vessel, Eyes Expanded Asia Cabotage Service
    MCC Transport may expand its presence in Asia's cabotage market after purchasing its third vessel this year, increasing the Intra-Asia...
  • KCS Rail Freight Grew in Mid-September
    The rail freight market has strengthened further in the first two weeks of September for Kansas City Southern, after a...
  • Hapag-Lloyd Pushes Back IPO for 12 to 15 Months
    Hapag-Lloyd is ruling out an initial public offering in the next 12 to 15 months, according to the German ocean...
  • NYK Quits Providing Chassis at Port of NY-NJ
    NYK Line will quit providing free intermodal chassis in the Northeast region, including the Port of New York and New...
  • Falling Air Rates Dampen Sea-Air Demand
    Falling air freight rates are dampening demand for combined use of ocean and air transport to ship goods from Asia...

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Containerisation Internationalweb site
SEPTEMBER 15, 2011
  • Zim, Coscon and Orsero confirm takeover of Agrexco service
  • IMO: political will still lacking in Somali piracy crisis
  • Death of liner oracle Balling
  • Nordana returns to Libya
  • Horizon Lines moves along path to refinancing

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TradeWindsweb site
SEPTEMBER 15, 2011
  • Bridgestone fined $28m
    Tokyo-based manufacturing giant coughs up cash to squash tanker hose conspiracy.
  • Star blasts JFC
    Fruit fight sours as Star Reefers CEO trashes Russian trader over unpaid damages tied to chopped charters.
  • RBS backs Marco loan
    Creditor prepares to shell out $4.8m to help toss Antonio Zacchello's ailing tanker arms on the road to recovery.
  • Moody's sings bulker blues
    Turmoil in the bulker market triggers agency's attack on Excel Maritime Carriers' credit rating.
  • Ezra fundraiser still kicking
    Reports a securities issue is dead have been grossly exaggerated, according to offshore shipowner.
  • IEA halts Libyan oil prop
    The IEA's Libyan oil replacement project has now done its job and will be brought to an end.
  • Farstad settles fire row
    Norwegian offshore operator gets 70% of claim after nine year battle over deadly tank cleaning accident.
  • Piracy spreads to Togo
    Twin attempts on products tankers off Lome mark new phase for West Africa's growing menace.
  • Lurssen linked to B+V
    German yacht maker said to have made offer to buy ThyssenKrupp-owned shipyard.
  • Fire assessment goes private
    UK Coastguard is to step back from its fire assessment and advisory role and engage private salvors.
  • Aon sets out K&R virtues
    Top broker moves to counter shipowner reluctance to spend on insurance against the pirate threat.
  • Trada wants bulker cash
    Indonesian owner looking for $250m of finance to pursue new dry cargo additions to fleet.
  • Two dead in ferry fire
    Crew killed after engine room blaze tears through Hurtigruten's Nordlys at Alesund.

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American Shipperweb site
SEPTEMBER 15, 2011
  • Maersk Line
    Maersk amends Asia/Med network said this week it has adjusted its Asia/Mediterranean service network, adding calls in Valencia and La Spezia and narrowing rotations on services connecting its key Asian origin ports with Port Said in Egypt. Maersk s...
  • 'We were chasing our tail'
  • Maersk amends Asia/Med network
    Maersk Line said this week it has adjusted its Asia/Mediterranean service network, adding calls in Valencia and La Spezia and narrowing rotations on services connecting its key Asian origin ports with Port Said in Egypt. The adjustments affect fiv...
  • Maersk seeks rate hikes for multiple trades
    Maersk Line said this week it is seeking rate increases on a host of global trades. From Oct. 1, the line plans these increases: - Southeast Asia to Australia, $300 per 20-foot container and $600 per 40-foot container. - Northern Europe to the East...
  • L.A.-Long Beach August volumes fall hard
    Southern California's container ports said volume fell 8 percent in August to 1.26 million TEUs, including a 12.3 percent throughput drop at the Port of Long Beach. Long Beach's August volume fell to 525,929 TEUs, including a 14.2 percent drop in l...
  • Horizon Lines closes on bridge loan
    Horizon Lines said Wednesday it has closed on a bridge loan facility of up to $25 million from a group on noteholders and reached an agreement with its existing bank group to amend its current credit facility to accommodate the bridge loan. It also...
  • Maersk swaps N.Y.-N.J. terminals on TA2
    Maersk Line will in October switch its TA2 service calls at the Port of New York-New Jersey from the APM Terminals facility to the Maher Terminals facility, the line said this week. APMT is Maersk Line's sister company. The switch will occur Oct. 9...
  • MSC abandons Asia/Med-Black Sea peak fee
    Mediterranean Shipping Co. said Wednesday it has suspended its planned peak season surcharge from the Far East to eastern Mediterranean and Black Sea ports. The line hadoriginally planned a fee , $225 per TEU, from Sept. 5, but delayed it until Sep...
  • UPS lets receivers change delivery terms
    UPS Wednesday said it will launch on Oct. 3 a new product called UPS My Choice, which is designed to make it easier for receivers of parcels to avoid missed deliveries. The company said out of the 5 million or so homes it visits each day, it leave...
  • U.S. supports Vietnam airport expansion
    The U.S. Trade and Development Agency signed a grant agreement with the Middle Airports Corp. (MAC) to help expand Chu Lai International Airport, Vietnam's largest airfield. The grant will fund a feasibility study of the Chu Lai Airport becoming a ...

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The Bunker Bulletinweb site
SEPTEMBER 15, 2011
  • Fujairah prices rise
    Bunker prices soft in cape Town.
  • IMO optimistic ahead of Durban climate talks
    Confidence growing that IMO will be able to continue work on MBMs after initial GHG success.
  • Waste plastic 'can be converted to marine fuel'
    Hong Kong company is extracting 'low sulphur fuel oil' from plastic waste.
  • Rotterdam prices gain double-digits
    Some suppliers were fully booked until September 19.
  • Government 'opposes' attacks on ECA regulations
    Sweden will implement tougher sulphur rules, says Environment Minister.
  • Sulphur regulations 'will dwarf impact of carbon prices'
    New study suggests MBMs will not deliver CO2 emission reductions not already driven by cost of low sulphur fuel.
  • Singapore fuel oil stocks up week-on-week
    High prices kept demand in check, say players.
  • Pirates target fuel oil tanker
    Malaysian naval unit fires warning shot.
  • Bunker prices in Asian ports on upswing
    Demand mixed and supplies sufficient at key Asian bunker hubs.
  • Gibraltar: New call for public debate on bunker proposal
    Opponents call for more discussion 'regardless of Environmental Impact Assessment.'
  • New bunker trader in Dan-Bunkering
    New trader joined Middelfart office on September 1.
  • Kochi names funding partners for bunkering project
    Multi-user liquid facility can store 3.42 million mt of bunkers per annum.
  • Hong Kong supplier to deploy 3,800 mt bunker tanker
    Chuang Xin says it will be the 'biggest bunker tanker' in the port.
  • Aegean sees above average volume of shares traded
    Aegean shares up on Wednesday, outperforming the overall market.

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