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04 August 2020 The on-line newspaper devoted to the world of transports 13:18 GMT+2

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Sched Netweb site
SEPTEMBER 28, 2012
  • OOCL ups Asia-Europe, Med, Black Sea rates US$525/TEU from November 1
  • Maersk to increase reefer rate 30pc to US$1,500/FEU from January 1
  • Hong Kong's old Kai Tak airport to be dredged to build barge loading dock
  • Busan New Port opens Asia's first vertical-automated container terminal
  • Greek unions stage 24-hour general strike to stop social welfare cuts
  • Singapore, Malaysia, Indonesia to boost co-operation along the Straits
  • Panama Canal expansion half done, on schedule, to be completed Q3 2014
  • Jebel Ali's port expansion at T3 to complete 2014, 69 cranes on order
  • US diesel prices down for second consecutive week to US$4.085/gallon
  • OW Bunker unveils new global quality control standards to reduce claims
  • US fines Japanese forwarder US$2.3 million in probe into air cargo cartel
  • China's NDRC to approve more than 20 new airport projects this year
  • IATA chief: Japan should enhance domestic air freight to increase GDP

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Exim Indiaweb site
SEPTEMBER 27, 2012
  • ABG Shipyard to raise 1,000 cr.
  • Currency fluctuations, slowdown in steel sector & regulatory risks weighing on credit profile of domestic ship breaking industry: ICRA
  • NYK again included in DJSI
  • Consensus eludes Indo-EU BTIA talks
  • MFN status to India by year-end: Pakistan
  • Global port operators looking at stake in Dhamra port
  • JNPT participates in conference & exhibition
  • Krishnapatnam Port commissions Phase 1 of container terminal
  • Ningbo claims to be decade's fastest growing major port globallyv
  • VTS-GOK facilitates quick search & rescue operation off Kandla Port
  • India may miss $ 500-bn export target for 2014: Assocham
  • MACCIA ex-im training programme from Oct. 1-5

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International Transport Journalweb site
SEPTEMBER 27, 2012
  • SAA now serves Mumbai daily
    The Johannesburg-Mumbai route of South African Airways has been upgraded to daily from today. The Star Alliance member introduced a fifth weekly service in June and a sixth one in...
  • Itella new Masku transport partner in Finland
    The Finnish postal operator Itella and Maskun Kalustetalo, a leading Finnish furniture retail chain, have signed an agreement for domestic freight activities, as well as store and...
  • Evergreen improves Libyan links
    The Taiwanese shipping line Evergreen recently started a liner service from Piraeus (Greece) and Marsaxlokk (Malta) to the two Libyan hubs of Misurata and Benghazi, deploying two ...
  • DB Schenker Rail takes delivery of locomotives with particulate filters
    DB Schenker Rail Germany already has 80 Gravita shunting locos with additional particulate filters in its fleet. A total of 130 of these modern and environment-friendly diesel eng...
  • Danish transport companies improve domestic market share
    Danish transport companies' share of lorry traffic to and from Denmark has increased from 34 to 47% in the past two years, according to figures from International Transport Danmar...
  • SNCF to acquire 50% of Europool
    The French national rail operator SNCF is taking over a 50% stake in the Dutch company Europool from the German firm GSG Knape. The other 50% of Europool, which generates annual s...
  • United first North American B787 customer, RAM to follow
    Boeing and United Airlines announced the delivery of the first B787 Dreamliner to United, making it the first airline in North America to operate the aircraft. United will initial...
  • Gondrand reshuffles management
    Olivier Houart, the Gondrand Group's CEO and chairman of the board of directors, has taken on the company's operational management in Switzerland with immediate effect. The execut...
  • Crocodile inspects belly hold
    Baggage handlers on a Qantas flight made a surprising discovery while unloading luggage recently, the Australian media reported. A 60 cm crocodile escaped from its cage during a f...
  • German public inland ports elect executives
    Germany's association of public inland ports (Bundesverband Öffentlicher Binnenhäfen BÖB) unanimously elected a new executive for four years at its 2012 general assembly. It consi...
  • Swiss: next stop Singapore
    The option for Swiss to expand its Asian services with the addition of a daily nonstop Airbus A340-300 flight to Singapore, which Oliver Evans, the cargo COO of Swiss, had announc...
  • Hoyer signs cooperation deal with Etihad Rail
    Hoyer, an international chemical industry logistician, and Etihad Rail, based in Abu Dhabi, have commenced close collaboration in the transportation of liquid bulk cargo in the Un...
  • DHL opens Energy Center in Houston
    DHL, a leading global logistics company, has opened its Energy Center in Houston TX (USA), to showcases DHL's unique range of services for leading players in the energy sector, in...
  • C.H. Robinson to acquire Phoenix International
    The Minneapolis-based third-party logistics provider C.H. Robinson Worldwide has reached a stock purchase agreement to acquire the privately-held international forwarder Phoenix I...

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Marine Logweb site
SEPTEMBER 27, 2012
  • Atwood exercises option with DSME for third drillship
  • Huntington Ingalls gets $296 million more for CVN 79
  • Research vessel to become fisheries catcher/processor
  • BAE San Diego gets $20.3 million Navy contract mod
  • Van der Velden and MMG offer Energy Savings Package
  • Atwood books contract for under-construction drillship
  • Blount Boats books contract to build 85 ft ferry
  • Indonesian officials to see Norgas Cathinka VDR data

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World Wide Shipperweb site
SEPTEMBER 27, 2012
  • Seattle Port Commissioners call for review of CEO actions
  • Trade between NAFTA partners climbs during month of July
  • Longtime Jensen Maritime exec announces plans to retire
  • Coos Bay Rail Link earns railroad safety honor
  • NYK vessel transports crane to quake damaged Japanese port

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Lloyd's Listweb site
SEPTEMBER 27, 2012
  • Oil prices and the power of what-if
    Fiscal policy, geopolitics and fear shape the costs of US crude
  • Human error rather than ageing vessels is biggest risk in Arctic
    Focus should be on the right training to work in icy conditions, says Norton Rose partner
  • Canadian First Nations groups buy land at Kitimat port
    Purchase puts Canada's LNG exports on a surer footing for now
  • Ferry operators bear the brunt of Greece's crisis
    Sector's plight is evident as first of the 'big five' operators seeks court protection
  • Greek ferry bosses meet Mousouroulis for crisis talks
    Jobs are at stake as industry faces 'the most difficult period in our history'
  • Investors advised to put money in ports rather than shipping
    Clarkson Capital Markets says terminals better placed to ride out the cycle
  • Shipowners must work harder to secure finance
    Companies must do more to help themselves, DVB tells Capital Link forum
  • Costa Concordia wreck removal costs increase by $100m
    Claims break second tier of IG reinsurance
  • Iron ore and steel trade to double in five years
    Forecasts point to 2014 as peak year for dry bulk port capacity growth
  • Suezmaxes hit as US imports of West African oil plummet
    Domestic production squeezes out imports of light sweet crude
  • ITF attacks Panama and Cyprus over box weight check delays
    Flag states' delaying tactics highlight 'poor reputations', say unions and shipowners
  • Hour of need
    Greek shipowners pay taxes and raise funds for the poor
  • Teekay and Golar LNG announce Norwegian bond issues
    Oslo market remains viable alternative for maritime and offshore issuers
  • Shipowners pessimistic about supramax rate prospects
    Grim prospects for recouping investments, cost of credit and profit margins
  • Hapag-Lloyd looks to 2014 IPO
    Kühne bides his time, but pledges to keep a controlling stake
  • New labour
    ITF adopts more forward-looking tactics
  • Siem poised to order car carrier pair
    Price of $60m for 6,500 ceu vessel compares well to other orders
  • Brussels puts Spain on a warning for breaking EU port labour rules
    Dockworkers pool limits recruitment from the open market
  • West African demand ignites Atlantic product tanker market
    Earnings for MR vessels hit four-month high
  • Fund launched to target offshore infrastructure vessels
    Investment adviser join forces with Red7Marine
  • Odfjell Terminals (Rotterdam) axes jobs after summer safety shutdown
    Company posts second-half loss as Shell ends its contract at troubled site
  • China ports throughput report slow growth in August
    Ministry of Transport data reveals tepid peak season petering out
  • Europe's dockers warn of backlash against liberalising jobs
    Unions declare they are ready to fight as Brussels considers ports policy review
  • Cosbulk gets $400m loan from CDB
    China Cosco vouches for credit to fortify bulk arm's working capital
  • Pirate attack 'marks start of post-monsoon operations'
    Somali piracy's capability still very much intact, warns Dryad Maritime
  • Indian port concession winners withdraw from project
    Eredene Capital blames abandoning of Ennore terminal on weaker rupee and lower growth in box traffic
  • Univan steps up internal port state control checks
    Move follows UK detention of 2011-built bulk vessel

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Fairplayweb site
SEPTEMBER 27, 2012
  • Eagle Ford fuels Jones Act demand in US
    SURGING US oil production is not only curbing import appetite, it is heightening demand for Jones Act tankers and ATBs, several industry sources have confirmed
  • Baoshan shuts plant
    BAOSHAN Iron & Steel, China's largest listed steelmaker, was reported today to have stopped production at a plant because demand for shipbuilding slabs has fallen
  • Panamax bulker rates crash to a record low
    PANAMAX bulker freight rates have crashed to an all-time low as the sector felt growing pressure from newbuilding deliveries
  • Brightoil's profits fall 76%
    HONG KONG-listed bunker supplier Brightoil has reported a 76% year on year drop in 2012 net profits because of weak global demand for bunkers
  • Golar LNG weighs $227M in bonds
    GOLAR LNG said today it might issue senior unsecured bonds in Norway's bond market worth up to $227M
  • Strikers close two ABG Haldia berths
    A WILDCAT strike has shut down two berths at ABG's Haldia Bulk Terminals, a senior Kolkata Port Trust official told Fairplay today
  • LNG rates fall w/w
    LNG RATES are today being quoted lower week on week both on the spot market and for one-year timecharters, a shipping analyst said
  • RCL gets $10M injection
    THAILAND'S RCL said it is receiving a "financial assistance" of 300M baht ($9.7M) from majority stakeholder Ngow Hock Co
  • Bulker fleet growth slows
    ONLY 74 bulkers were delivered from yards in August, well below deliveries in June and July, which saw more than 100 ships arrive each month
  • Drybulk congestion rises
    CONGESTION in drybulk ports has inched up, after falling to a 2012 low last week
  • Subsea 7 plans bonds worth $700M
    SUBSEA 7, the UK-based seabed-to-surface engineering group, said today it plans to issue five-year convertible bonds valued up to $700M

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The Journal of Commerceweb site
SEPTEMBER 27, 2012
  • World Container Index Slips 3 Percent
    The World Container Index comprehensive reading for Sept. 21 was down 3 percent or $66.03 from the week before, to...
  • STB Orders Berkshire Hathaway to Divest Two Railroads
    Berkshire Hathaway has roughly a week to explain to the federal government how it will divest itself of two railroads,...
  • Ship Schedule Reliability Fell 6 Percentage Points in August
    Container ships reached their destination ports around the world on time 77 percent of the time in August, a drop...
  • Investors Signal Rail Profit Slowdown
    Investors are scaling back their profit forecasts for several of the major U.S.-based railroads ahead of the release of their...
  • INTTRA Updates OceanSchedules Service
    INTTRA announced a new release of its OceanSchedules service that enables customers to access and evaluate more than 7 million...
  • Indonesia to Implement SOGET-Microsoft Port Community System
    Indonesia is planning to roll out a single electronic platform across all of its commercial ports over the next few...
  • Consortium Drops Bid for India's Ennore Terminal
    India's port privatization program suffered yet another setback Thursday when a consortium that had won concessions to build and operate...

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Containerisation Internationalweb site
SEPTEMBER 27, 2012
  • Southampton celebrates box port investment
    The UK port of Southampton yesterday saw the official launch of a GBP150 million investment project aimed at keeping its container facilities competitive. The development ...
  • APM T bags port operator gong at Lloyds List awards
    At a lavish dinner attended by the great and the good of the shipping industry in London's West End last night, the Hague, Netherlands-headquartered APM Terminals ...
  • CP targets Southeast Asia
    Canadian Pacific (CP) is set to boost its links to the Southeast Asia market after expanding its logistics service there by appointing its first representative ...
  • ITF attacks Panama and Cyprus over box weight check delays
    International Transport Workers' Federation [ITF] president Paddy Crumlin and general secretary David Cockroft have joined other industry leaders in voicing dismay ...
  • OOCL push on with RRs
    Hong Kong-headquartered OOCL is attempting to reverse the negative sentiment of freight rate futures on the capacity excess troubled Asia - Europe trade lane by ...
  • Bunker prices on rollercoaster ride
    The cost of Rotterdam-sourced IFO 380 was down by USD4.50 per tonne yesterday at USD631, after gaining USD4 the day before, following a USD6 loss the previous day, ...
  • American trucks weighed down
    The American Trucking Association's [ATA] for-hire truck tonnage index contracted by 0.9% in August after increasing by 0.4% in July, however compared to the same ...

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TradeWindsweb site
SEPTEMBER 27, 2012
  • Harvey goes 'green'
    US offshore owner mints deal to build another pair of LNG-powered OSVs.
  • Papaeconomou's pick
    Shares of Baltic Trading would be a nice addition to a diversified portfolio despite ongoing turbulence in the drybulk market, according to Lambros Papaeconomou.
  • Is piracy still a plague?
    Pirate attacks off the Horn of Africa have fallen sharply in recent months but the threat to commercial shipping remains, according to security specialist Dryad Maritime.
  • Molaris sounds eco alarm
    Stamatis Molaris has called on owners not to get caught up in the hype of eco newbuilding orders.
  • Dacy snubs saviours
    Private equity and Chinese banks will not provide a plug for shipping's funding gap, JPMorgan says.
  • Dry dealt another blow
    Sentiment in the bulker market took another hit Thursday in the wake of reports that one of China's top steelmakers has suspended production at a plant in Shanghai.
  • Scorpio seals juicy fixture
    Scorpio Tankers is putting its newest medium-range (MR) products carrier to work on the back of delivery from Hyundai Mipo Dockyard in South Korea.
  • Subsea 7 succeeds
    Oslo-listed offshore shipowner Subsea 7 has sold $600m of bonds to fund expansion.
  • Commerzbank 'stuck'
    Commerzbank could find itself "stuck" in the shipping industry, according to rival Citigroup.
  • 'Rebound unsustainable'
    Clarksons Capital Markets has dismissed a recent rally in the Baltic Dry Index as unsustainable.
  • Golar preps bond press
    Another publicly traded shipowner is turning to the Norwegian bond market it a bid to slash debt.
  • D'Amico adds MRs
    D'Amico International Shipping (DIS) has returned to Hyundai Mipo for two more eco MR tankers.
  • Skaugen: no hit and run
    Norway's IM Skaugen has denied reports its gas carrier Norgas Cathinka did not stop in the immediate aftermath of its fatal collision with an Indonesian ferry.
  • How to get a loan
    Small and medium-sized owners can do more to win loans from banks, DVB says.
  • ALG in new tie-up
    UK cruise group All Leisure has announced a tie up with rival Cruise & Maritime Voyages (CMV) as it shakes up its top management.
  • Nordic linked to P+S
    Germany's Nordic Yards is the latest shipbuilder to be linked with a potential bid for insolvent rival P+S Werften.
  • Guy Eldar in at Zim
    Israeli container line Zim is bringing in Guy Eldar to replace Allon Raveh as its chief financial officer (CFO).
  • Marco takes IPO step
    Marco Polo Marine has taken the first firm step towards an initial public offering of its Indonesian affiliate.
  • Crew speaks out
    Seafarers on a Brittany Ferries ship have revealed their grievances as the industrial dispute that has kept vessels in port continued into its second week.
  • Jasa swoops for two
    Malaysian offshore owner Jasa Merin has added a pair of advanced anchor handling tug supply vessels to its fleet.
  • GulfMark secures $150m
    GulfMark Offshore has clinched new funding worth $150m as it expands its fleet.
  • ICAP makes India move
    ICAP Shipping has dipped a toe into the burgeoning Indian market with the acquisition of a local broker.
  • Ultrapetrol complies
    South American shipowner Ultrapetrol has boosted its share price back above the $1 minimum demanded by the Nasdaq exchange.
  • TK closes on funds
    Teekay Corporation is planning a raid on the Norwegian bond market.
  • Eredene quits Ennore deal
    Eredene Capital, a UK based infrastructure fund, has withdrawn from India's Ennore Port container terminal project.
  • Subsea in bond splash
    Oslo-listed offshore shipowner Subsea 7 is plotting a bond sale worth up to $700m.
  • Atlantic buys POET PSV
    Atlantic Offshore Services SA has agreed to acquire a PSV under construction at a shipyard in Singapore.
  • Botched turns blamed
    Indonesian police have said the fatal collision between an IM Skaugen gas carrier and a ferry happened because both ships tried to turn at the same time.
  • Vitol denies Iran deals
    Oil trader Vitol has denied that it has violated US-led sanctions against trading in Iranian crude or oil products.
  • 12 year deals for CIMC
    China International Marine Containers (CIMC) has won twelve year leases for the ships it has just ordered for charter to CMA CGM.

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American Shipperweb site
SEPTEMBER 27, 2012
  • Control tower to Heinz: Your box has landed
  • Kewill's universal carrier compliance
  • Rational and irrational competition
    Recent actions by central banks around the world indicate the near-term global economic outlook is improving, but even assuming that the United States delays the "fiscal cliff," it is difficult to expect high growth and therefore the intensity of competition that such an environment spawns will decrease.
  • HP's China strategy
  • FDA transformation
  • Commentary: Liners say don't count on developed trades
  • Commentary: Rarified air
  • A demanding problem
  • All points on the compass
  • Reinvigorating U.S. export reform
  • Supply chain security foolishness
    Some years ago I had occasion to travel through Japan and was awaiting a flight to Chicago at Tokyo's Narita airport. It was a lovely sunny day, and a brand new Japan Airlines Boeing 777 was parked...
  • Delay is not a loss
  • Have you been served?
  • Banking on health care
  • NTSB calls for anti-ground collision devices
  • From hoarder to helper
  • Analysis: C.H. Robinson reaches forwarding big leagues
  • Port of Virginia names interim director
    Chief Financial Officer Rodney Oliver will become the port's interim executive director, taking over for Jerry Bridges who is scheduled to step down as head of the state agency at the end of October.
  • Indonesia begins massive port customs system
    The Indonesia Port Corp. II has chosen a service from SOGET and Microsoft to implement what it calls the largest port community system in the world, beginning with Jakarta before expanding to other Indonesian ports.
  • Hanjin to depart Hapag's Med-Montreal loop

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The Bunker Bulletinweb site
SEPTEMBER 27, 2012
  • IMO committee to look at low sulphur fuel availability
    Energy efficiency measures and MBMs also on agenda for next week's MEPC meeting.
  • Prices showing mixed movement in Fujairah
    Price of intermediate fuel oil loses $1.50 while distillates go up by same amount.
  • Rotterdam IFO prices fall while MGO prices rise
    Hamburg and Gibraltar markets lack direction.
  • Supplier says Baltic port has 'promising' bunker prospects
    Lukoil-Bunker sold 64,000 mt of bunker product in Ust-Luga in the three months June to August.
  • Global outlook for crude now 'stable', says OPEC
    But next year's forecast holds 'considerable uncertainty'.
  • Ban bunker fuel on Arctic routes, say greens
    EU should take lead in protecting Arctic.
  • New terminal on track to open in 2014
    Eight tanks were partially built and that the foundations have been laid for another 11.
  • Fuel oils stocks fall as softer prices trigger demand
    Chinese buying, however, remains lacklustre.
  • Bunker prices move downwards
    Good demand in Hong Kong ahead of office closures next week due to public holidays.
  • Transport strike may hit ports
    Industrial action by rail workers could spread to South Africa's port sector.
  • Vitol subsidiary 'did buy Iranian fuel oil'
    Trader admits purchasing spot cargo but says Vitol companies 'no longer purchase any product of Iranian origin.'
  • Firm wins award for marine wind and solar power solution
    Plans to continue 'bringing new solutions' at future events.
  • China scores Arctic first
    Icebreaker crosses Arctic Ocean.
  • Finnish, Chinese partnership to focus on fuel efficiency
    Partnership will specialise in research, development, manufacturing and sales.
  • ENOC implements ethical guidelines at Singapore terminal
    Code of Business Conduct to serve as a 'roadmap' to uphold 'highest ethical values', says GM of Horizon Singapore Terminals.
  • Billionaire investor 'skeptical' of LNG as bunker fuel
    A rising LNG price would affect take-up of LNG as marine fuel, says Wilbur Ross.

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