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20 September 2020 The on-line newspaper devoted to the world of transports 13:47 GMT+2

December 22, 2011

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The Business Timesweb site
DECEMBER 22, 2011
Shipping News
  • DNB, Nordea seen profiting among shipping banks
    DNB ASA and Nordea Bank AB, the largest providers of ship financing, may benefit as competitors face capital shortages from Europe's sovereign debt crisis.

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Sched Netweb site
DECEMBER 22, 2011
  • Grand and New World unite in nine-loop Asia-Europe service in April
  • Xinfeng terminal at Guangzhou port to suspend cargo handling from January
  • Moody's downgrades outlook for Hapag-Lloyd to 'negative' from 'stable'
  • Drewry: Asia-Europe mega ships with no where to go drive down rates
  • OECD agency: Global freight volumes confirm stagnation, near-term decline
  • Vietnam's Cai Mep handles 13,830-TEUer ahead of CMA capacity upscaling
  • Swire Shipping offers multipurpose shipping to Gladstone, Queensland
  • Mundra International Container Terminal excels docking bigger box ships
  • Piers analyst lowers expectations as US economic growth slows
  • Anchorage welcomes first super freighter: Cathay Pacific's 747-8
  • Filipino pilot school targets burgeoning low-cost carrier market
  • Canada's Air Partner: Oil & gas, emerging markets best bet in 2012

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Exim Indiaweb site
DECEMBER 22, 2011
  • Box shipping in demand, but idle fleet matching new tonnage: BIMCO
  • CMA CGM & OOCL partnership on New Zealand to Far East trade
  • Kerala High Court orders arrest of Hong Kong-flagged vessel!
  • MSC RRI on India-East Africa trade
  • NYK receives highest rating on SMBCs environmental assessment loan
  • India plans CEPA with Russian Customs Union
  • JNP, Chennai Port to be hubs capable of handling large boxships: Vasan
  • Karnataka to develop ports on PPP basis
  • DFCCIL to use longer trains for more load, better margins
  • IATA warns of harder times for airlines
  • Mumbai Trans Harbour Link project may be stalled again
  • Govt proposes further cut in onion MEP
  • Indias first NIMZ to come up in Vidarbha
  • More Indian investment sought in Turkey
  • RBI should restore interest on EEFC account: Fieo
  • Weak forces MFs-FIIs to scout for export-driven stocks
  • AIAI's 'Gateway to Turkey' meet today

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Marine Logweb site
DECEMBER 21, 2011
  • DeepOcean Group charters multipurpose offshore construction vessel
  • Jensen Maritime completes design for three more Moran tugoats
  • Santa brings newbuilding orders to STX Europe

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World Wide Shipperweb site
DECEMBER 21, 2011
  • All Nippon Airways to begin Dreamliner calls at Sea-Tac Airport
  • IMO measures gaining ground on piracy numbers during year
  • Port of Kennewick selects 2011 Friend of the Port
  • ATA truck tonnage index up during month of November
  • Jensen designing vessels for Caribbean TugZ

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Lloyd's Listweb site
DECEMBER 21, 2011
  • Patriot missiles found on China-bound boxship
    Thor Liberty detained in Finland
  • China grabs Middle Eastern VLCC cargoes before Christmas break
    High fixing levels keep rates steady
  • G6 challenge to force more collaboration in Asia
    Cosco and CSCL are candidates for tie-ups, while Yang Ming and Evergreen are left with stark choices
  • Time to walk the plank?
    Only scrapping can end tanker woes, amid new pressure on rates and asset values
  • Italian tanker released
    Savina Caylyn crew free after 11 months in captivity
  • Antwerp and Rotterdam to study oil and chemicals pipeline link
    Europe's top two maritime gateways sign declaration of intent
  • A history of unholy alliances
    After 130 years of shifting shipping alliances, the Gang of Six is really nothing new
  • Anastassiadis takes top job at Louis Cruises
    Previously worked for Coca-Cola and P&G
  • Antwerp increases port dues
    Two-year freeze on levies is scrapped only two days after rival Hamburg raises tariff
  • G6 Alliance set to weaken Baltic Sea boxship charter market
    Feeder vessels of under 1,000 teu likely to see opportunities fall as lines sail direct
  • Shipping cybersecurity 'non-existent'
    EU urges IMO to tackle fragmented approach
  • JP Morgan Global Maritime Investment Fund backs Harren
    Shipping firms turn to private equity funding
  • Violence in Kazakhstan threatens oil exports
    Concerns surround country's 1.5m barrels per day oil export industry
  • Asia slowdown to slash US exports
    Stronger dollar and Euro debt crisis don't help
  • Flagging up a threat
    Outright discrimination against a flag for purely political or protectionist reasons carries serious implications for the shipping industry
  • Port Botany reports trade boost
    November brings upturn after stagnant year
  • ISCO becomes permanent observer at IMO
    Including oil-spill experts will 'fill a gap'
  • Free the Alabama 2
    Why a judge's order to release Gaurav Prem's master and chief engineer should stand
  • Mediators broker new talks in Australia pay dispute
    Pay and conditions row has seen strikes and lock-outs
  • New Seychelles court will pave the way with piracy law
    Problem of ransoms will need to be dealt with by the business community
  • Seychelles piracy court and prison must expand to meet demand
    Purpose-built prison already two-thirds full
  • Maybulk lands $50m loan
    Credit from HSBC will be for capital expenditure
  • Mercosur bars Falklands flagged ships
    Diplomatic row mostly affects fishing vessels but reflects festering resentment over UK's control of the islands
  • Japan sees fall in overseas ship orders
    Dry-bulk demand shows year-on-year decline
  • First Ship Lease completes $483m refinancing
    Singapore trust restructures debt but still faces risk with creditworthiness of lessees
  • TBS International surrenders newbuilding sextet to bank
    Company staves off insolvency by handing RBS an entire series of specially-designed tweendeckers
  • Rena master and second officer accused of altering ship records
    Obstruction claimed after vessel hit a reef off New Zealand's North Island
  • Standard & Poor's downgrades K Line
    Ratings agency says carrier's long-term outlook will improve

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Fairplayweb site
DECEMBER 21, 2011
  • Missiles and nitro smuggled
    FINNISH police said today that a UK-flagged general cargo vessel detained in Kotka had been smuggling missiles and 150 tonnes of explosive material
  • US security money shunned
    US PORTS have spent less than one-fourth of the money budgeted in a federal terror protection scheme, an oversight report has shown
  • SeaFrance union attacked for spurning talks
    FRENCH transport minister Thierry Mariani today attacked SeaFrance's majority CFDT union for refusing even to discuss an offer for the group from Denmark's DFDS and Louis Dreyfus Armateurs
  • Charleston cuts off Jasper plan
    SOUTH Carolina port officials have voted to cut funds for the Jasper Ocean Terminal after three years of wrangling with Georgia officials
  • Mercosur ports bar ships flying Falklands flag
    SOUTH America's Mercosur trading bloc has closed its ports to ships flagged in the Falkland Islands
  • BW forms LNG terminal JV
    BW GAS and InterEnergy Holdings have agreed to form a venture to build a LNG terminal in San Pedro de Macoris on the southeastern coast of the Dominican Republic
  • French might break grounded ship on beach
    BREST authorities have said general cargo ship TK Bremen will probably have to be demolished on the southern Brittany beach where it is grounded
  • VLCC spot rates edge up
    VLCC SPOT rates on key trades to East Asia edged higher today, shipping analysts said
  • India iron ore export cargoes plummet
    INDIA'S iron ore exports plunged in the first 11 months this year as Delhi increased curbs on export cargoes
  • Puntland drives pirates out of Bandarbeyla
    BANDARBEYLA, in the Karkaar region of Somalia's semi-autonomous state of Puntland, is reportedly free of pirates, according to senior state officials
  • Panamax recovery skids
    PANAMAX bulker rates are falling again, after their much-hailed respite in the middle of last week, brokers told Fairplay today
  • US Iran sanctions grow
    WASHINGTON has sanctioned 10 maritime-based companies for acting as fronts for Iran's shipping line IRISL
  • Containers put on 'ice'
    AUSTRALIAN police said today a substance used to make methylamphetamine has been found smuggled in shipping containers
  • Fewer wait yet snarls grow
    DRYBULK port snarls are worsening this week in China, even though fewer ships are waiting to berth

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The Journal of Commerceweb site
DECEMBER 21, 2011
  • Oakland Rejects Crackdown on Occupy Port Protests
    Oakland city officials have rejected a call for city leaders to use strong tactics to prevent Occupy protestors from shutting...
  • Cargo Pilots Dodge New Fatigue Rule
    The Federal Aviation Administration exempted cargo pilots from the tougher limitations it placed on work rules for airline pilots on...
  • Panalpina Opens Logistics Facility in North China
    Panalpina said its recently opened 32,800-square-foot logistics facility in North China will become the Swiss logistics group's hub in the...
  • Customs Looks to Allow Exporters Into C-TPAT
    Customs and Border Protection may allow exporters to join a voluntary supply chain security program, and Japan, Colombia and Costa...
  • Truck Tonnage Rose 6 Percent in November
    Trucks handled more freight November, as manufacturing output and a restocking of retail inventories helped increase for-hire truck tonnage 0.3...
  • Hapag-Lloyd to Start Calling at Baltimore
    Hapag-Lloyd will start calling at the Port of Baltimore in February as the first U.S. port of call on its...
  • Antwerp Hikes Harbor Dues by 2 Percent
    Antwerp will raise harbor dues by 2 percent in 2012, the first increase in three years, as Europe's largest port...
  • Snowstorm Delays Shipments to Great Plains, Heads North
    The deadly snowstorm headed toward the Great Lakes threatens to delay further shipments after the freak weather paralyzed truck traffic...
  • Airlines Lose EU Carbon Emission Trade Challenge
    Europe's highest court on Wednesday upheld the European Union's right to make international airlines pay for carbon emissions on flights...

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Containerisation Internationalweb site
DECEMBER 21, 2011
  • Hapag-Lloyd puts 'brave face' on Moody's latest credit ratings
    The latest ratings published by Moody's Investors Service paint a mixed picture for Germany's largest liner shipping company, Hapag-Lloyd. While on the positive ...
  • MSC and CMA CGM to work together between ECNA and WCSA
    In a further sign of the growing levels of collaboration between MSC and CMA CGM, the latter carrier is to buy slots on the former company's east coast of North ...
  • Rena officers on further charges
  • Panalpina expands footprint in China
    Swiss-headquartered freight forwarder Panalpina has opened a new logistics centre in Tianjin to act as a hub for north China - and the company said that it marks ...
  • New Years' Day marks end of LA CTP
    The Port of Los Angeles (LA) has reached the final chapter of its Clean Truck Program (CTP) - as of January 1, 2012 the last of the older local drayage trucks will ...
  • Japan's exports fall again
    Japanese exports fell by 4.5% in November - versus the same month of 2010 - to 5.2 trillion yen (USD66.8 billion) as a combination of a strong currency and the ...
  • Bunker supplier warns on new Turkish sulphur regulations
    Aalborg, Denmark-based, OW Bunker, one of the world's largest independent marine fuel suppliers, has flagged up the technical challenges surrounding Turkey's January ...
  • Sohar set to shine from new APL service
    The port of Sohar in northern Oman expects to see significant benefits from the decision of APL to route its newly-launched pendulum service connecting ports in ...
  • Fate 'uncertain' for 200 Somali-held mariners
    Despite the significant reduction in the latter part of the year of successful hijacks of merchant ships in the Gulf of Aden and Indian Ocean - the result of a ...

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TradeWindsweb site
DECEMBER 21, 2011
  • US unravels IRISL web
    Treasury calls out CEO of SCI venture as US dissects Iranian carriers's increasingly complex network of foreign fronts.
  • Finland probes missile cargo
    Customs joins forces with police to investigate weapons found onboard Shanghai-bound cargoship.
  • Pirates free D'Amato tanker
    Fratelli D'Amato crew assumes command as Somali hijackers spring Savina Caylyn after 11-month ordeal.
  • RBS snatches TBS sextet
    Fight to stay afloat proves costly as RBS prepares to repossess ailing operator's newest tweendeckers.
  • Viking in second raid
    Torstein Hagen-led owner turns to STX France for its latest batch of newbuildings.
  • Cargill takes German cape
    Oskar Wehr newbuilding grabs one-year starter deal which will begin in January.
  • Courage scraps panamax
    Hsu Chih Chien-led bulker owner continues turnover of older tonnage.
  • Daewoo pens offshore deal
    Mystery European owner boosts South Korean yard's 2011 tally with a $630m rig order.
  • Nam Cheong to build barge
    Latest win for Malaysian offshore vessel builder means 2011 orders are up 50% on last year.
  • U-Sea opens early present
    Danish firm secures a seven-year COA which will employ a couple of supramaxes.
  • Consolidation no solution
    Citi says G6 alliance is a necessary survival tactic which won't seed a rate recovery.

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The Bunker Bulletinweb site
DECEMBER 21, 2011
  • Crude inventory slides the most in a decade
    Crude inventories fell by 10.6 million barrels last week.
  • First shipping company to gain energy management certificate
    Helping to optimise efficiency, reduce fuel consumption, reduce the company's environmental footprint and provide a cost saving for the vessels owners.
  • Confusion over Namibian bunker row
    Challenge to claims that off-shore bunker licenses are 'illegitimate'.
  • European bunker markets continue to firm
    Bunker prices climbing as crude oil prices rise.
  • Fujairah prices still firming
    Crude oil prices firming in early trades.
  • Strike could hit bunker operations
    Antwerp faces disruption as public sector workers call strike for Thursday.
  • Svitzer looks for fuel efficiency
    Towing vessel operator says newbuilds will be 'state-of-the-art' in terms of fuel consumption.
  • Continuing dissension over EU Sulphur Directive
    Ministers call for a more detailed impact study.
  • Bunker prices jump in Asian port hubs
    Supplies remained tight at most Asian ports on Wednesday.
  • Rena officers face new charges
    The officers alleged to 'pervert the course of justice' by altering documents after the grounding.
  • Tight bunker supplies in Busan to ease only in February
    Lack of supplies during the winter months a 'seasonal trend'.
  • Higher revenues, fuel derivatives gains keep cruise operator in black
    Carnival Corporation expects fuel costs to increase in the first quarter of 2012.
  • Supply tightness persists at Far East Russian ports
    Players unable to offer most bunker products until the end of the year.

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