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07 April 2020 The on-line newspaper devoted to the world of transports 17:49 GMT+2

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The Business Timesweb site
SEPTEMBER 23, 2011
Shipping News
  • Somali pirates preparing for fresh raids
    Somali pirates are preparing for a new raiding season, taking advantage of the calmer seas after the monsoon period, as their ties with Islamist rebels come under closer scrutiny.

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Sched Netweb site
SEPTEMBER 23, 2011
  • S&P downgrades Hapag-Lloyd outlook to negative, but retains BB+ rating
  • Asia-US spot rates decline 5.6pc to US$1,561 per FEU, says Drewry's
  • US and China enter trade row over chicken, US reefer exports hit hard
  • Zim follows Hapag-Lloyd, drops Nhava Sheva and diverts to Mundra
  • Moody's downgrades Kuala Lumpur's MISC rating, issues negative outlook
  • Hamburg Sud names 7,100-TEU Santa Catarina, fifth of 10 same-size ships
  • Chongqing's Cuntan bonded port area trade value hit US$5.6 billion
  • Maersk agrees to invest in Indonesian port infrastructure
  • US Great Lakes cargo up nearly 3.7pc in August, Seaway volume up 21pc in July
  • Prologis expands in Japan with new 38,100-square metre facility
  • US Navy names first catamaran troop/cargo carrier that cruises at 35 knots
  • DHL opens offices in Wenzhou, Zhengzhou, Zhejiang, Xuzhou, Huizhou
  • IATA upgrades June profit forecast upward on passengers, but cargo unsteady
  • Cargolux rejects next generation B747-8F due to 'contractual issues'
  • Air China inaugurates Wuhan-Tokyo flights, new terminal under construction
  • UPS to invest US$200 million in Cologne/Bonn Airport hub expansion
  • Boeing pitches Dreamliners to China in bid to keep 50pc plus market share
  • Cargo airlines look to proposed night flight ban in Frankfurt with despair

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Exim Indiaweb site
SEPTEMBER 23, 2011
  • AMTOI unanimously elects office-bearers for 2011-12
  • GE Shipping takes delivery of Kamsarmax dry bulk carrier
  • Transworld Group holds trade get-together in Gandhidham
  • Vallarpadam ICTT receives first export box rake from ICD-Tuticorin
  • Na jaane kyon, hota hain yeh zindagi ke saath...
  • Prithviraj Chavan to attend Indo-German Chamber of Commerce AGM today

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International Transport Journalweb site
SEPTEMBER 22, 2011
  • Bids invited for new international airport in Rwanda
    The Rwandan government is inviting bids to design, build, finance, maintain and operate Bugesera international airport under a 25-year concession agreement. The first phase of the ...
  • Panalpina upgrades to latest generation B747-8 cargo aircraft
    Basel-based Panalpina, one of the world's leading providers of supply chain solutions, and Atlas Air have signed a new multi-year ACMI contract for two cutting-edge technology B747...
  • USD 20 million earmarked for US rail projects
    Secretary of transportation Ray LaHood announced that eight cities and states will share USD 19.4 million to replace, relocate and improve segments of railroad track in order to en...
  • USD 54 million loan to rebuild Boulder-Denver highway
    The US transport department has awarded a USD 54 million loan to help pay for two additional lanes and the reconstruction of highway US 36, bringing congestion relief to drivers in...
  • Gebrüder Weiss introduces first gas-fuelled lorry in Vienna
    The transport and logistics service provider Gebrüder Weiss is now operating its first gas-fuelled lorry converted to a dual-fuel drive at its Maria Lanzendorf (Vienna) site. The 4...
  • Martinair Cargo C2K certified
    Martinair Cargo, a subsidiary of the Air France-KLM group, received its C2K (Cargo2000) certificate during the Cargo2000 membership meeting in Hong Kong in September. Cargo2000 is ...
  • APM Terminals wins 2011 global safety award
    APM Terminals was named winner of the 2011 Lloyd's List Global Safety Award at the annual industry awards held in London. In 2010 APM Terminals continued to make significant safety...
  • NYK volunteers to assist in Japanese earthquake area
    NYK will send employees to areas of Japan devastated by an earthquake and tsunami. For three months from 4 October, NYK will seek about 120 volunteers to assist in necessary activi...
  • James Weynand appointed executive VP of Ceva Logistics
    Ceva Logistics, one of the world's leading supply chain companies, recently named James A. Weynand as executive vice-president of the company's technology division. Weynand joined ...
  • Maersk and Rickmers-Linie form US partnership
    Maersk Line and Rickmers-Linie (America) recently entered into a partnership to provide breakbulk and project cargo shipping in the USA, using two newly-built multipurpose ships, w...
  • Kombiverkehr wins port of Kiel combined cargo traffic award
    Ingolf Kästner, head of international traffic at Kombiverkehr, has won an award from the port of Kiel for his exceptional commitment to linking the port of Kiel to combined rail/sh...
  • New offices to accelerate Greencarrier's expansion in China
    The Swedish logistics specialist Greencarrier, which has in recent years expanded substantially in the Nordic countries and the Baltic states, is continuing to create a network of ...
  • Wim Bosman now rebranded as Mainfreight
    After the acquisition of the Dutch Wim Bosman Group by New Zealand logistics group Mainfreight, the existing air and ocean freight offices in Belgium and the Netherlands will conti...
  • Transmec UK new Bifa member
    Following the opening of a new sea freight department in Redditch, Transmec UK has joined the British International Freight Association (Bifa), the leading body representing the UK...

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Marine Logweb site
SEPTEMBER 22, 2011
  • Tidewater warns that second quarter revenues will take a hit
  • ACL names Robert Blocker Senior VP Sales and Customer Service
  • U.S. Coast Guard orders more response boats from Marinette
  • Compagnie du Ponant orders third mega-yacht from Fincantieri
  • GD to acquire Metro Machine Corp
  • Great Lakes Shipyard wins tugboat orders worth $23 million

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World Wide Shipperweb site
SEPTEMBER 22, 2011
  • DOT funds heading to Washington rail projects
  • NOAA survey vessel charting Alaskan sea floor
  • Port of Coos Bay warns public to be wary around railroad tracks
  • AAPA presents honors at Seattle awards luncheon
  • Saudi Arabia helps fund IMO battle against piracy

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Lloyd's Listweb site
SEPTEMBER 22, 2011
  • Wind of change blows through South Africa
    Rise of China and India fuels debate over nation's natural resources
  • UK recovery stalls on exports slowdown
    As export orders from abroad decline amid continuing weak demand in UK domestic markets, the possibilities of growth are virtually non-existent
  • Politics meets reality
    Repsol's controversial deal to drill for oil off Cuba requires a joint US-Cuban spill response
  • Drilling in Cuban waters raises spectre of disaster
    Environmentalists are keenly aware of the short distance across the Florida Straits to Cuba, where Repsol will be drilling for oil
  • BOEMRE places blame for Deepwater Horizon on BP
    Faults some of Transocean crew's actions and training but largely blames blowout on BP
  • Onboard chefs to get a makeover
    Sea-Chefs project defines an international standard that aims to raise the quality of cooking on board
  • Mitropoulos will be a hard act to follow
    IMO chief's farewell tour continues with a speech at the ICS/ISF International Shipping Conference
  • FMC to probe routing of cargo via Canada to avoid harbour maintenance tax
    Regulatory chief says US port infrastructure suffering
  • Greek owners in fresh boxship buying surge
    Technomar Shipping widely reported to have snapped up four OOCL ships, but deal awaits confirmation
  • Electronic Shipping Solutions joins SWIFT to speed up financing
    Talks already in progress about synchronising digitised letters of credit with ship documents
  • International Group revises documentation
    Changes needed to keep pace with threat of piracy
  • SinOceanic director resigns as company seeks DnB NOR financing
    Possible conflict of interest forces bank vice-president Anne Øian to step down from role
  • IUMI calls for new definition of ships
    Interchangeable definitions 'a can of worms' for insurers
  • Dry bulk demolition figures to surpass 20m dwt forecasts made earlier in 2011
    Almost 17m dwt has already been sold for recycling this year as ageing capesizes continue to head to breakers' yards
  • Gasoline arbitrage breathes new life into MR product tanker market
    Earnings almost treble in a week on an influx of cargoes into US
  • Small increase in UK port throughput
    Felixstowe keeps lead but total figure is up only 2%
  • Great Lakes Shipyard wins $23m tug order from Seacor affiliate
    Delivery expected in 2013 as Caribbean Tugz earmarks vessels for charter at Hovensa Oil Refinery
  • Lines pull capacity off the Pacific as China manufacturing declines for third month
    Cutting of Central China to Long Beach route makes early close of peak season official
  • BW sells single-hull VLCCs for scrap
    Brokers report Indian breakers paying $38m for two vessels in shift from Chittagong yards
  • Diana seals four-year charters for newcastlemax newbuildings
    Simeon Palios-led dry bulk owner estimates $48.6m in revenues from EDF Trading deal
  • Early adopters of SOx emission rules given lifeline
    Brussels working paper highlights permissible national measures to help shipowners meet 2015 ECA challenges
  • Newlead triggers Nasdaq market value and share price notices
    Greek owner resets release of second-quarter results for next week
  • Brokers' failures to cite vessel numbers does not add up
    IMO number meant to combat fraud and enhance safety is ignored when placing risks
  • LNG carrier owners face steady rates until at least 2014
    Oslo-based broker forecasts positive rates for three years, but unable to predict longer-term shipping market
  • ICTSI implements radiation detection
    US megaports initiative aimed at stopping illegal radioactive shipments
  • LNG sky is not falling
    Pessimism over the market's future looks overdone
  • Tui Cruises looks poised to announce first newbuilds order
    Reports suggest two vessels of up to 98,000 gt and providing 1,350 cabins
  • African ambition
    African Development Bank says Chinese commerce is "imbalanced, concentrating on a small number of countries"
  • AET sued by fishermen over 2010 spill
    MISC tanker arm faces claim for loss of earnings which could total $3.5m
  • Hyundai Heavy nabs another drillship
    Latest Noble Drilling ship brings total order of four to over $2bn

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Fairplayweb site
SEPTEMBER 22, 2011
  • FMC to look into US-Canadian port friction
    FMC CHAIRMAN Richard Lidinsky is acting on concern that US-bound box cargo is being unfairly diverted through Canadian ports
  • Bulker in limbo off breakers
    BANGLADESH is continuing to refuse scrapping entry for the bulker Asia Union, French green group Robin des Bois told Fairplay today
  • Pennsylvania chips in for Delaware deepening
    PENNSYLVANIA is kicking in $15M to continue deepening the Delaware River, the state's governor affirmed
  • Why box sector should fear debt crisis
    EUROPE'S box ship operators would bear the fallout if the eurozone debt crisis implodes, Macquarie Research said today
  • BIMCO hails Capesize scrapping
    TOTAL tonnage of drybulk carriers sold for scrap could hit 25M dwt this year, BIMCO's Peter Sand said today
  • Dongbu and STX to develop Colombian coal exports
    TWO OF South Korea's largest shipping conglomerates have signed a deal to set up a Colombian coal scheme that could affect the choice of port sites, IHS McCloskey reported today
  • Prospects improving for Suezmax uptick
    SUEZMAX tanker rates are extending recent gains, providing good prospects for a further uptick, brokers and shipping analysts are signaling
  • Firming rates seen as Capeside bulker trend
    CAPESIZE bulker rates extended recent gains, spurring analysts and brokers to spot an upward trend across the segment
  • Relief seen for Panamaxes
    PANAMAX owners can expect better rate better support in 4Q2011, a shipping research chief told Fairplay today

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The Journal of Commerceweb site
SEPTEMBER 22, 2011
  • Lehmkuhl Named President at Con-way Freight
    Con-way named W. Gregory Lehmkuhl president of less-than-truckload carrier Con-way Freight, replacing John Labrie, who left the company in August...
  • South Carolina Ports Launch Clean-Truck Program
    The South Carolina State Ports Authority launched a voluntary program to help truck owners replace older trucks with newer, cleaner...
  • Martin-Brower Expands Global Distribution Network
    Food logistics giant Martin-Brower is acquiring the distribution assets of Keystone Foods, adding distribution centers in the U.S., Europe, the...
  • Transport Executives Rank Among World's Richest
    The nation's wealthiest transportation mogul didn't make her money on trucks, trains or planes, but by operating barges and distributing...
  • Grain Terminal Prepares To Open Amid Protests
    Grain terminal operator EGT in Longview, Wash., received a 110-car rail shipment of wheat, moving the site closer to opening...
  • Savannah Becomes No. 2 US Container Exporter
    The Port of Savannah this year became the second biggest container export port in the U.S. on a tonnage basis,...
  • Intermodal Traffic Reaches New 2011 High
    Intermodal traffic on major North American railroads hit its highest weekly volume so far this year in the week ending...
  • FedEx Makes Big Gains on Ground
    Strong performances by its package delivery and industrial trucking divisions gave FedEx lift lacking in its international air operations in...
  • MSC Boosts Southeast Asia-Australia Rates
    Mediterranean Shipping Co. raised rates for all cargo from Thailand, Indonesia, Vietnam, Malaysia and Singapore to Australia. The world's...
  • Freight CEOs Press Congress on Infrastructure
    A high-powered group of CEOs from the some of the biggest names in the U.S. freight sector told leaders of...
  • FedEx Cuts Forecast, Warns of 'Sluggish Growth'
    FedEx's net profit rose 22 percent to $464 million in its June-August quarter, but the world's largest air cargo carrier...
  • Going the Extra Mile
    When is a mile less than 5,280 feet? When it's part of a trucker's paycheck. Although most long-haul truck...
  • 'Severe Change' Needed
    Crete Carrier, which also owns Shaffer Trucking and Hunt Transportation, switched its pay from shortest route to practical miles in...
  • Customs' New Trade Facilitator
    Allen Gina, head of Customs and Border Protection's Office of International Trade, wants the business of importing goods to be...
  • Death Before Taxes?
    Grover Norquist doesn't know the ins and outs of motor fuel taxation, but he adamantly opposes any increases in them....
  • FTR Associates Forecasts Higher Truck Rates
    Shippers hoping that truck rate increases might fall in the face of an uncertain economy are likely to be disappointed,...
  • Passenger Rail Funds Boost PNW Port Project
    The Port of Vancouver, Wash., can now tap into $15 million of intercity passenger rail funds to help build a...
  • Port Tech Companies Invited to India Trade Mission
    The Commerce Department is inviting port and maritime technology companies to apply for a trade mission to India Feb. 16...
  • Court Won't Rehear Horizon Stockholders' Suit
    A federal appeals court refused to rehear an unsuccessful lawsuit filed on behalf of Horizon Lines shareholders who accused company...
  • Maersk Hikes Asia-New Zealand Rates
    Maersk Line will implement a general rate increase on shipments moving from Asia to New Zealand, starting Oct. 15. ...
  • France's SNCF Railroad Loses Key Contract
    France's state-owned SNCF Fret lost a major contract with a long standing customer to private operators, jeopardizing the rail cargo...
  • MOL Logistics Expands in 12 African Countries
    MOL Logistics (Japan) expanded its network in a dozen Africa countries by signing a contract with an undisclosed freight forwarder....
  • Atlas Cancels Orders for Three 747-8 Freighters
    Atlas Air handed Boeing and the aircraft manufacturer's troubled 747-8 freighter program its second major setback in a week, canceling...

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Containerisation Internationalweb site
SEPTEMBER 22, 2011
  • Baltic coverage improved
  • FMC slates October meeting to launch study on cargo diversion
  • TSA shifts leadership to committee as Chairman Kim's tenure expires
  • IMF downgrades MENA growth prospects
  • Global stocks tank on Fed warning

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TradeWindsweb site
SEPTEMBER 22, 2011
  • SapuraCrest splashes cash
    Malaysian offshore support vessel owner inks $227m newbuilding deal with Chinese yard.
  • Fisher survives the cut
    Goldman Sachs clings to jewel of its shipping & transport team but fate of research portfolio remains uncertain.
  • Eimskip pens pair
    Rongcheng Shenfei Shipbuilding sinks its teeth into Icelandic owner's $50m newbuilding order.
  • Goldman stuns the Street
    Investment bank drops Genco, Diana and DryShips as transport analyst exodus unhinges equity research regime.
  • Sheriff steps it up
    Ship arrests in the Lion City have risen by 30% this year as banks play tough.
  • Scrapping could set record
    Prospect of bumper crop of fleet deletions holds out hope for beleaguered dry bulk owners.
  • Nasdaq rings NEWL alarm
    Struggling Greek owner's plummeting share price raises red flags in Times Square.
  • Recanati bags OSG shares
    Founder's son buys an extra $4.7m shares in New York-listed tanker owner.
  • EDF grabs Diana pair
    Simeon Palios-led drycargo owner nets charters worth $50m for newbuildings slated for delivery next year.
  • Chevalier checks in two
    Dutch accommodation specialist bags two vessels for offshore market in western Europe.
  • Offers in for Altona
    Asian and European owners come in for Hartmann multipurpose that suffered a uranium spill off Canada.
  • Marco repeats barge trick
    Singapore-listed offshore outfit secures another round of newbuildings but OSV deals remain elusive.
  • India is nuts for cabotage
    State province aims to shift cargoes from road to ship to help ailing cashew industry.
  • Latsis drops dry punt
    Latsis controlled Consolidated Marine swaps Hyundai Mipo kamsarmax brace for MR tankers, it is claimed.

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American Shipperweb site
SEPTEMBER 22, 2011
  • Newest commissioner
    Cordero: Demurrage fees deserve FMC attention The U.S. Federal Maritime Commission could help shippers find a solution for demurrage charges associated with containers held at the dock for Customs inspections, Mario Cordero, the independent agency'...
  • Strategic view
  • TSA now headed by committee, not chairman
    The Transpacific Stabilization Agreement said it is being led by a executive committee instead of a chairman. The discussion agreement said the change was made on July 1 after expiration of the 18-month term of TSA Chairman Y.M. Kim, who is presid...
  • More funds for inland waterways sought
    Shippers and barge executives called for more money for modernization of locks and dams on the nation's inland waterways, to speed up projects, and an end to wasteful spending, at a hearing before the House Committee on Transportation and Infrastru...
  • U.S. DOT grants $19.4 million to short lines
    The Federal Railroad Administration last week awarded grants totaling $19.4 million to help eight states and local governments relocate and upgrade rail lines. The Rail Line Relocation program assists projects that improve community livability and...
  • Gotay leaves MarAd
    The U.S. Maritime Administration said that Orlando Gotay, the deputy maritime administrator, has left his job at the agency. Gotay was sworn in as Deputy Maritime Administrator on June 2010. He joined the MarAd as senior advisor for maritime policy...
  • Cascades rail line gets improvement funds
    The U.S. Transportation Department on Wednesday released $31.1 million to Washington State to improve intercity passenger and freight rail service on the Cascades line. The amount is further broken down as follows: - Pacific Northwest Corridor will...
  • Hunters warned to stay off tracks
    Union Pacific Railroad warned hunters to avoid hunting on railroad property. "Wildlife will migrate and feed along the edges of freshly harvested fields, making these areas prime hunting spots," the railroad said. "With many fields adjacent to Unio...
  • Cordero: Demurrage fees deserve FMC attention
    The U.S. Federal Maritime Commission could help shippers find a solution for demurrage charges associated with containers held at the dock for Customs inspections, Mario Cordero, the independent agency's newest member, said Monday. Terminal operat...
  • Cordero: Demurrage fees deserve FMC attention
    The U.S. Federal Maritime Commission could help shippers find a solution for demurrage charges associated with containers held at the dock for Customs inspections, Mario Cordero, the independent agency's newest member, said Monday. Terminal operat...

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The Bunker Bulletinweb site
SEPTEMBER 22, 2011
  • Significant milestone for renewable diesel
    Plant can make flexible use of almost any vegetable oil or waste fat in the production of premium-quality renewable diesel.
  • KPI Bridge Oil celebrates 40 years of service
    Venture quickly proved to be so successful that the two companies were merged to officially form KPI Bridge Oil.
  • Fujairah prices move downward
    Tight availability was reported by market players.
  • Drifting barge now 'under control'
    'Everything's fine now.'
  • Sulphur caps 'crucial' for health of Baltic Sea region
    Minister repeats government's commitment to ECA timetable.
  • Bunker markets drop in Northern Europe
    "It's been awhile since I have seen the market fall as quickly as it has done this afternoon."
  • Authorities fine cruise line for breaching sulphur rules
    Disney Cruise Line vessel contravenes EU sulphur directive.
  • Fuel oil stocks at 10-week low
    'Limited arbitrage' sees stocks drop 11% in seven days.
  • External: Wired Bunkering
  • CLIA developing ECA compliance tool
    Cruise industry exploring potential for innovative science-based equivalence methodology that would not compromise public health benefits.
  • Bunker player details five-year investment plan
    BFC will focus on upgrading its fleet.
  • Price of bunkers take dip at major ports
    Supplies of bunker fuel not an issue at key Asian ports on Thursday.
  • US military authorises bunker purchases in 'open market'
    Purchase of marine fuel to be done via military's Ships Bunker Easy Acquisition (SEA) Card.
  • East Asian bunkering operations resume after typhoon passes
    Traders in Japan warn of bunker delivery delays in the next few days.
  • Fuel oil stocks in East China up 31.4%
    Volumes at 460,000 mt for the week ended September 21, 2011.
  • 'Key' to bunker business is 'dependable good supply'
    NuStar seeks expansion in a 'very low risk' way, says CEO.

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