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07 April 2020 The on-line newspaper devoted to the world of transports 18:22 GMT+2

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The Business Timesweb site
FEBRUARY 22, 2011
Shipping News
  • Imdex Asia returns in May
    IMDEX Asia 2011, the international maritime defence show, has seen more than 85 per cent of its total available space of 14,000 square metres in covered gross area taken up - three months before it is due to kick off.
  • Maersk orders 10 record-sized box ships
    AP Moller-Maersk A/S, the biggest container line, agreed to order 10 record-sized ships in a deal worth about 2 trillion won (S$2.2 billion) because of rising fuel prices and expanding global trade.
  • Dry cargo freight rates expected to rebound in Q2
    Dry cargo freight rates are likely to recover in the second quarter of 2011 as Brazilian exports of grains and sugar pick up, but rates are expected to move sideways in the second half, a senior freight executive said.

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Sched Netweb site
FEBRUARY 22, 2011
  • Radioactive container in Genoa feared as ticking 'dirty' bomb
  • Japanese shipyards recover with 300pc more orders in January
  • HK's Dandong join South Carolina in mutual port promotion
  • Singapore's total 2010 trade rises 21pc to US$708 billion
  • US manufacturing exports up 20pc, production keeps pace
  • US port group concerned over federal dredging budget cuts
  • China's Sany Port Machinery joins Brussels industry group
  • Damco names new head of field sales for northern UK
  • Chennai air cargo workers strike over export clearance delays
  • Cathay Pacific Airways signs long-term deal with IBM
  • Forward Air posts fourth quarter profit of US$12 million

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Exim Indiaweb site
FEBRUARY 22, 2011
  • Frank Bünte joins Rickmers Group
  • Hapag-Lloyd's rate increases
  • India should be ready for revised STCW Convention & Code, says DGS
  • Maersk Line orders ten 18,000-TEU mega ships
  • NYK LINE invests in Guangzhou port's car-carrier terminal
  • OOCL to launch Atlantic Gulf Mexico (AGM) service, reintroduce AES
  • UASC secures ship financing of $ 302 million
  • Zim's schedule reliability rank continues to improve
  • Global ports & trade leaders heading to Abu Dhabi
  • Kandla Port inks pacts to enhance dry cargo handling capacity
  • Vizhinjam port may be financed by a consortium of banks to the tune of Rs 2,500 cr.
  • CECA to facilitate increased trade with Malaysia: Fieo
  • FM may oblige exporters with incentives
  • Forex reserves drop by $ 752 mn
  • Garment exporters bank on report to get US clean chit on child labour
  • Govt to take majority stake in Nafed

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International Transport Journalweb site
FEBRUARY 21, 2011
  • Dachser establishes joint venture with Jonen Freight in South Africa
    Dachser, a German logistics service provider with international activities, is expanding its intercontinental network by taking a majority stake in Jonen Freight, which was founded...
  • Norwegian post office increases earnings in 2010
    Norway Post increased its earnings in 2010, making NOK 943 million (EUR 121 million), NOK 172 million (EUR 22 million) more than in 2009. This was achieved thanks to cost-cutting m...
  • Petrolesport investment programme going strong
    Petrolesport, a part of the Global Ports group, has commissioned the first phase of a customs inspection complex and a new container storage yard. The facilities are being construc...
  • Antonio Plazuelo new manager of Geneva cargo district for Swiss WorldCargo
    Antonio Plazuelo will become manager of the Geneva cargo district in mid-March, with responsibility for the regions of Geneva, Vaud, Annecy and Jura. Plazuelo has accumulated exten...
  • Liberia completes first recruitment audit for MLC compliance
    The Liberian registry has carried out the first audit of seafarer recruitment and placement services, for compliance with the ILO's maritime labour convention, ahead of its entry i...
  • Norwegian shipowners expect increasing Norwegian maritime presence in Brazil
    A delegation from the Norwegian Shipowners' Association is part of a larger Norwegian business and industry group, led by Trond Giske, the trade and industry minister, currently vi...
  • Switzerland's Andre Auderset new EBU president
    The European Barge Union (EBU) has elected a new president. In accordance with the principle of the rotation of the presidency, the EBU board elected Andre Auderset (Switzerland) t...
  • Germany registers more than 4 million t of airfreight
    Germany's federal statistical office has reported that the country's airfreight market (including airmail) grew by more than one fifth in 2010. German airports loaded and unloaded ...
  • AA launches only NY-Tokyo Haneda service
    On Friday 18 February, American Airlines began a new service from New York John F. Kennedy international airport to Tokyo Haneda international airport. American Airlines is the fir...
  • Arik Air begins cargo operations
    Nigeria's Arik Air has commenced cargo operations in its extensive regional and domestic network, following the approval granted by the Nigerian Civil Aviation Authority (NCAA) to ...
  • Wim Bosman now uses MAN TGL trucks
    Wim Bosman Transport has taken possession of new MAN TGL dual fuel trucks, which are powered by natural gas combined with diesel and save 9 t of CO2 for every 50,000 km they cover....
  • More truck consignments to be shifted to the railways
    The Frankfurt-based German intermodal service provider Kombiverkehr is planning to introduce new logistics solutions for general cargo and express services by rail in 2012. The int...
  • Intermodal services emerge stronger from crisis
    The 2010 report on combined transport in Europe, published by the combined transport group of the of the International Union of Railways (UIC), reports that the number of companies...
  • Shipping industry changes stance on armed guards to counter piracy
    The International Chamber of Shipping (ICS) has clarified its stance on the use of private, armed security guards for the defence of merchant ships against Somali pirate attacks. T...
  • PPG network expanding its global presence
    The Project Professionals Group (PPG), a heavylift freight forwarding network, has strengthened its global presence with several new appointments. PPG general manager Kevin Stephen...

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Marine Logweb site
FEBRUARY 21, 2011
  • DNV: LNG fuel best way to meet North American emissions limits
  • Maersk orders ten 18,000 TEU Triple-E containerships

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World Wide Shipperweb site
FEBRUARY 21, 2011
  • Third phase of cleanup project set to begin at Port of Anacortes
  • OOCL to join CMA CGM in India, Pakistan, Europe run
  • Ribbon cutting marks opening of West Coast ship recycler
  • Washington passenger ferries sold for service in Tanzania
  • Commerce Department report shows US exports on rise

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Lloyd's Listweb site
FEBRUARY 21, 2011
  • SLS shipyard offloads MR tanker
    Despite cancellation of orders at bankrupt yard, Galbraith's claims slight improvement in prices
  • Japanese owners withdraw bulk carrier ships from sale
    Companies place vessels on longer term charters rather than accept the low prices on offer
  • Indian breakers lose vessels to Chinese
    A glut of tonnage in the Indian market continued to open up opportunities for Chinese breakers to secure prime vessels, including the latest in a string of capesize bulkers to be sold for scrap
  • Dry bulk rates head for 'cataclysmic' correction
    Dry bulk rates are set to correct sharply, according to Macquarie Research in a fresh report that forecasts a "cataclysm scenario" that will prompt high scrapping levels and finally reset the supply and demand balance hobbled by the massive dry bulk orderbook
  • BHP Billiton selling its last owned capesize
    Mining giant BHP Billiton is reportedly selling the last remaining capesize vessel in its owned fleet, the Iron Yandi
  • Cido Shipping takes $45m hit on aframax tanker sale
    CIDO Shipping has taken an estimated hit of $45m through the loss-making resale of two aframax tankers under construction at Japan's Sumitomo Heavy Industries
  • Maersk lines up world's biggest ever ship order
    Deal for 10 of the largest ships ever built, with options for another 20, could see contract value reach $5.7bn
  • MSC overtakes Maersk in box league, for now
    MSC is now largest container shipping line in terms of carrying capacity
  • Ports ready for Maersk giants
    Terminals say they could handle Triple E-class ships but infrastructure must be in place
  • Waiting for another bubble to burst
    With the financial sector creating a commodities investment hype and soaring inflation in China, can another financial disaster be avoided?
  • Danaos chief urges standardisation as another performance tool joins crowd
    Concerns raised over confusing array of KPIs, environmental indexes and inspection schemes for shipping
  • Independent verification proves hull coatings can cut fuel costs
    Studies on vessel performance of vessels using fluoropolymer coatings claim an average 9% saving on fuel costs.
  • How a foul-release coating works
    Providing a vessel sails at more than 10 knots, glues that marine creatures excrete to stick to a ship's hull will not work
  • Wärtsilä to resume trials of slow-speed engines fuelled by gas
    Escalating interest for LNG as a marine fuel has seen designs for larger ships with slow-speed engines to be powered by gas
  • BLT boosts liquidity with $685m loan
    New credit facility will allow debt-laden company to focus on newbuilding orderbook
  • Emission studies put ships under microscope
    NOx costs likely to add to shipowners' woes over SOx emission reduction costs
  • Why Nokia's downfall could be good news for Baltic shipping
    Mobile phones have long trumped traditional industry in the eyes of many investors, but a slow and steady recovery in cargo volumes across Baltic ports is attracting attention
  • StealthGas buoyed by rise in small LPG carrier rates
    Operator confident of signing up a series of newbuildings for profitable employment
  • Top Greek ports official quits in row
    Breakdown in communication with country's shipping minister cited for George Vlachos' resignation
  • Are boxships at a plateau?
    After a rapid evolution in boxship sizes and designs since the 6,000 teu Regina Maersk, it is probable a plateau has now been reached
  • All credit to banks
    Most banks are taking a pragmatic and longer-term view of sound investments in newbuilds
  • Pressure on rates hits Fondshaus Hamburg's tanker fund
    German KG house says up to six tankers may be affected by the problems
  • Greece shipping revenues up 14% in 2010
    But Greek flag fleet declines in strength
  • Maersk giants to be longest ships in service
    New vessels will have length of 400 m, eclipsing all other ship types
  • European LNG fueling stations to get $14m boost
    Projects picked under European Union Trans-European Transport Network programme
  • Shortsea and inland waterways to get $126m Brussels grant
    Rostock-Gedser link and ITS Adriatic multi-port gateway among recipients
  • Time to get practical over shiprecycling convention
    The Hong Kong Convention on shiprecycling is due to enter into force soon despite attempts by certain bodies and activists such as the NGO Platform on Shipbreaking who are hellbent on trying to derail it

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Fairplayweb site
FEBRUARY 21, 2011
  • Spain fines operator of grounded ship
    SPAIN'S merchant marine authority DGMM today ordered a grounded box ship's operator to pay '310,000 ($423,800) in the casualty
  • Moby to halt France/Corsica ferry route
    ITALY'S Moby Lines said today its last ferry from mainland France to Corsica will sail on 25 February ' even though it started the service less than a year ago
  • Breakers take tankers
    BREAKERS are expected this week to continue a trend of focusing on tankers, with a broker telling Fairplay that the preference has to do with stainless steel
  • Transpetro accused in expenses case
    TRANSPETRO has been accused in Brazil of overpaying for parts, equipment and supplies
  • French, Russian class societies ink pact
    BUREAU Veritas of France and the Russian Maritime Register of Shipping said today the class societies have signed a three-year co-operation accord
  • Inter-Asia rates hold up
    INTRA-Asia box shipments were holding up today, even though the post-Chinese New Year lull has hit long-haul shipments from China, brokers said
  • GO waits out KL's ordeal
    GOLDEN Ocean CEO Herman Billung told Fairplay today the company wants to recover outstanding payments from embattled drybulk carrier Korea Line but is stymied by that group's bankruptcy protection
  • Seadrill spin-off lures 1,200 shareholders
    SEADRILL'S spin-off for harsh environments, North Atlantic Drilling, has about 1,200 shareholders today, after a private placement of 250M new shares last week
  • French port peace faces talks test
    FRANCE'S ports union expects to finalise this week an understanding reached last week on retirements.

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The Journal of Commerceweb site
FEBRUARY 21, 2011
  • TNT Express Profit Grows, Mail Retreats
    TNT reported Monday its net profit grew 21.5 percent in 2010 to $480 million but Europe's second largest post and...
  • Maersk Buys 10 Super-Sized Container Ships
    London ' Maersk Line formally announced a $1.9 billion order for 10 container ships with 18,000 TEUs on Monday that...
  • Roadrunner Hits the Rails
    The road is shifting for Roadrunner Transportation and other less-than-truckload carriers diversifying to capture more of their customers' freight. ...
  • There's an App for That
    The heavy-haul and flatbed specialist is offering owner-operators a 1 percent pay increase to use smart phone technology to complete...
  • Trucking Finds an App
    A revolution in technology, from cloud computing to mobile phone apps, is enabling trucking's evolution in an increasingly multimodal era....
  • Waterways Deserve funds
    The release of the president's fiscal 2012 budget on Valentine's Day and its historically low funding level for the U.S....
  • French Ports in the Storm
    It's been a tough start to the year for global supply chain interests. Major winter storms throughout the U.S. have...
  • Manufacturing Export Growth
    A year into President Obama's five-year plan to double exports and create 2 million jobs, Frank Vargo is pleased. ...
  • Exporters on Cloud 9?
    It's impossible to pick up a technology publication these days without reading why cloud computing is the next great thing...
  • Checking the ID
    Tom Adamski is a trucking executive with 34 drivers carrying 101 pieces of identification allowing them to shuttle containers in...
  • A $50 Billion Jump-Start
    President Obama's budget plan would add $50 billion in new infrastructure spending for the fiscal year that begins in Oct....
  • Going For Broke?
    With a sweeping new surface transportation plan in his 2012 budget proposal, President Obama is setting out the ambitious multiyear...
  • Cisco's 'Agnostic' Resiliency
    Like everyone else, Cisco Systems was surprised when an Iceland volcano eruption closed European airports for a week last year....
  • Shipping's Chokepoint Risks
    The map says it all. The shortest route from Asia to Europe and the Mediterranean is through the Suez Canal....
  • Letters - February 21, 2011
    STB Hearings: Going Through the Motions? In the Jan. 24 Cover Story, "The Regulators Ramp Up," Associate Editor John...

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Containerisation Internationalweb site
FEBRUARY 21, 2011
  • Any fool can stuff a container - right?
    There is a frequent misconception within the container industry that the iconic 55-year-old Malcom McLean invention, which has revolutionised world trade and enabled globalisation, is a replacement for packaging; that lashing and securing is not critical, and that the content weight can be estimated.
  • Maersk signs USD1.9 billion ship deal with Daewoo
  • SA truckers strike over
  • ICF formally closed, but the shouting may not be over
  • Mothballed box tonnage uneffected by CNY
  • Oil hits USD105 on Libyan unrest

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TradeWindsweb site
FEBRUARY 21, 2011
  • L&S in offshore splash
    Lorentzen & Stemoco arm pays out almost $20m to buy a stake in an Indonesian offshore company.
  • Who pips Maersk's order?
    Dane's new monster boxships will be able to carry way more iPhones but who is at the core of big ship spending?
  • Hoe Leong stretches profit
    Singapore offshore shipping and tanker group stronger in 2010 as fleet grows.
  • Indian radio officer missing
    Doubt cast on police theory that crewman fell into sea while urinating from Mumbai supply ship.
  • The new face of shipping?
    Landlocked FYR Macedonia wants in on the flag of convenience action as it seeks consultant.
  • Cosco cape to be cut up
    Chinese bulker giant fetches a shade over $11m after selling ageing capesize direct to the scrapyard.
  • Philippines on oil alert
    Coast guard warns of possible spill after tug holed in grounding off Misamis Oriental.
  • 'Biggest ever? Probably'
    Maersk Line boss Eivind Kolding promises Daewoo orders are no more than 18,000-teu and is open to larger ones...just not yet.
  • Cyclones hit Rio Tinto
    Mining giant's operations in the Pilbara still suffering from bad weather
  • Genmar aframax scrapped
    New York-listed General Maritime pockets close to $8m as 19-year-old tanker heads for the Indian beaches, it is claimed.
  • Swee Joo cuts loss
    Struggling Malaysian bulker and boxship owner moving in right direction in first quarter.
  • DESSC clear-out continues
    John Fredriksen-backed offshore owner continues to shed smaller anchor handlers with two more out of the door today.
  • NYK bulker drifts
    Ocean Sunrise towed free after storms forced it aground in California.
  • Greek revenues rebound
    Shipowners raked in EUR 15.4bn during 2010, up 13% from awful 2009.
  • Vessel refloat fails
    Small German general cargoship Tina still high and dry on the island of Juist.
  • Maersk in $5.7bn splash
    AP Moller books up to 30 giant 18,000-teu newbuildings in what is being hailed a momentous event for container shipping.
  • NITC finds new P&I cover
    Iranian tanker owner says it has found $1bn of replacement insurance but is not so far saying from where.

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American Shipperweb site
FEBRUARY 21, 2011
  • GSO expands next-day ground throughout Calif.
    Regional carrier Golden State Overnight has extended its overnight ground parcel delivery service to every address in California and the metropolitan regions of Nevada and Arizona. The GSO Overnight Ground service is now available to customers that...
  • Averitt expands flatbed operation
    Cookeville, Tenn.-based Averitt Express said it will expand its flatbed operation, which it launched in early 2009. Averitt's flatbed presence once existed in just eight markets, including Birmingham, Ala.; Atlanta; Cincinnati; Louisville, Ky.; an...
  • Indianapolis Airport maps cargo future
    The Indianapolis Airport Authority (IAA) board on Friday approved a 30-year land use and development plan for its airport system with a heavy focus on air cargo activity. The approval comes nearly one year after IAA entered into a contract with avi...
  • Pirates capture four Americans in yacht
    Four Americans sailing a yacht off the coast of East Africa have been taken hostage by Somali pirates, U.S. officials confirmed in news reports Sunday. The yacht is headed to Somalia under surveillance by a U.S. Navy warship and helicopters. The ya...
  • CSAV to add Asia/U.S. East Coast service
    Liner carrier CSAV said Friday it is starting an all-water transpacific service in conjunction with China Shipping. The two carriers will add a second string to its AMEX service March 21, deploying nine vessels with an average capacity of 4,200 TEU...
  • Seaspan may order big ships
    Seaspan Corp. is in discussions with several Chinese and Korean shipyards regarding the acquisition of up to 10 new ships of about 10,000-TEU capacity each, for delivery in 2013 and 2014, the company said in a filing with the U.S. Securities and Ex...
  • Maersk fires back with mammoth mega-ship order
    Maersk Line said Monday it has placed a mammoth containership order for as many as 30 vessels of 18,000 TEUs capacity,confirming reports that first emerged in November . The order would dwarf in scope any previous order, both in terms of total out...
  • Kolding to become bank chairman
    Eivind Kolding, chief executive of Maersk Line, is expected to be named chairman of Danske Bank at the end of March, the bank said in a statement earlier this month. Kolding Kolding is vice chairman and has served on the board of Scandinavia's larg...
  • Warehousing reports
    Logistics space vacancy rates on the decline Real estate giant Grubb & Ellis is forecasting the U.S. logistics space vacancy rate to drop to 11.5 percent in 2011 from the 12.8 percent seen in the fourth quarter of 2010. Cross-docking on the rise, 3...
  • Up to 30 18,000-TEU ships

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The Scandinavian Shipping Gazetteweb site
FEBRUARY 21, 2011
  • New series of super-container carriers for Maersk Line
    A P Møller-Mærsk and the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering are expected to jointly release the news of a contract for a series of ten container carriers
  • Panama register breaks 100 million GT barrier
    Classification society ClassNK and the Panama register are celebrating that the combined Panama-flagged tonnage registered with ClassNK now exceeds 100 million gross tons. It is the first time in

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The Bunker Bulletinweb site
FEBRUARY 21, 2011
  • Diesel spill concern on Maine coastline
    Over 400 gallons of diesel fuel believed to be onboard, concern over a possible spill.
  • Fujairah bunker market firms
    Very tight for prompt avails.
  • Global warming could increase ship biofouling
    Rising sea temperatures said to stimulate growth of barnacles and other creatures growing on ship hulls that increase drag and associated fuel use.
  • Bunker prices rise in Rotterdam
    Barge schedules in Gibraltar tight until February 25.
  • IP week gets underway with The Bunker Lunch
    The Bunker Lunch, sponsored by Petrobras, gives industry members an early taste of IP week networking opportunities.
  • ISO to initiate global study on hydrogen sulphide in bunkers
    Aim is to provide universally accepted findings on the potential risk of crew exposure to this toxic gas , seeking cross-industry participation.
  • Week starts with mixed prices at major ports
    Demand for bunkers at key Asian ports generally below average on Monday.
  • Water pressure keeps lid on bunker spill in Norway
    A hole in a third tank on the grounded box ship suspected, says oil response team.
  • Price of MGO climbs at Russian port
    As players export most of the MGO cargoes to Asian markets, says source.
  • Addax appoints chief communication officer
    Karen Saddler also appointed as executive director of the Addax Foundation, AOG's charity branch.
  • Dahlman lowers Aegean's ratings, growth outlook
    Concerned about the 'timing and efficacy' of Aegean's business strategy in 2011.

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