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24 September 2021 The on-line newspaper devoted to the world of transports 22:31 GMT+2

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The Business Timesweb site
DECEMBER 21, 2007
Shipping News
  • Baltic Dry Index falls for 4th consecutive day in London
    The Baltic Dry Index, a measure of shipping costs for commodities such as coal and iron ore, fell for a fourth day in London.
  • Toll to buy HK firm Baltrans
    Australian logistics firm Toll Holdings said it wants to buy Hong Kong freight company Baltrans Holdings for about A$365 million (S$458.5 million) as part of an expansion in Asia, propelling Baltrans' shares to a record high.
  • China logistics firm tipped to tap US$2b in IPO
    China Post Logistics, the country's top logistics firm, plans to raise over US$2 billion in a Hong Kong and Shanghai stock market listing in 2008, sources said, amid mounting foreign competition in the booming sector.
Admiralty Casebook
  • Who owns a vessel when it is being built?
    A SHIPBUILDER in Canada arrested two vessels that it was building and which it owned at that time in order to secure a claim against the vessels' mortgagee, but the Federal Court of Canada threw out the claim last month, describing it as a 'most peculiar action'.

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Sched Netweb site
DECEMBER 21, 2007
  • Long Beach truckers hit with US$35 to $70 per container tax, LA to follow
  • HK volume up 1.6pc in first 11 months, but fell 2.4pc in November
  • Shenzhen's SCT sets new record for box handling on CSCL ship
  • European Shippers' Council welcomes revision of cargo security
  • Chiwan Wharf Holdings builds logistics park in Tianjin
  • Shanghai forwarder conference expects 1,500 delegates in June
  • Tanzania approves inland container depots to decongest Dar es Salaam
  • Mekong River dredged to provide more cargo capacity
  • Kuehne + Nagel appoints new board member to take over road and rail
  • European investment to expand Montevideo's container terminal
  • Christmas air cargo space short as Australian online sales jump 6-8pc
  • All Nippon starts Asia air cargo venture with forwarders
  • Airlines combine into club to maximise airfreight in India

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International Transport Journalweb site
DECEMBER 20, 2007
  • Two new board members for Rail Cargo Austria
  • Patriot Transportation chief stepping down
  • EIB to finance expansion of Montevideo terminal
  • Emirates expanding South African services
  • New American Airlines flight to Barranquilla
  • Norbert Dentressangle increases Novatrans stake
  • BLG Logistics investing in car terminal

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Maritime Global Netweb site
DECEMBER 20, 2007
  • One seafarer missing, one dead after pirate attacks
  • Three feared dead as Clyde tug capsizes
  • FEFC looks to increase rates
  • Marseilles looks to bulker recovery

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Marine Logweb site
DECEMBER 21, 2007
  • Congress kills tonnage tax repeal attempt
  • Bay-Houston gets its first Z-Tech tug

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World Wide Shipperweb site
DECEMBER 20, 2007
  • Port of Camas-Washougal names Ripp executive director
  • New bike/pedestrian path completed near Portland Airport
  • Sea-Tac Airport celebrates 30 millionth passenger for '07
  • Port of Tacoma honored for financial report excellence
  • Holland America Line named best cruise value for 16th year straight

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Lloyd's Listweb site
DECEMBER 20, 2007
  • Caribbean aframax rates rocket to new high
    RATES have swung from their lowest ever levels to record highs in just over 10 weeks.
  • Feelgood factor bolsters aframax tanker rates
  • Probe begins into Flying Phantom capsize
    POLICE and MAIB start investigation into sinking of Svitzer UK-owned tug in the River Clyde.
  • China Cosco raises full year earnings forecast
    COMPANY on course to post net profit of at least $2.5bn this year, boosted by integration of bulker operations.

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Fairplayweb site
DECEMBER 20, 2007
  • Horizon hails tonnage tax reprieve
    Congress has relented in its effort to remove the tonnage tax option for Jones Act carriers operating in the Puerto Rico trades ' much to the delight of Horizon Lines
  • Arison warns of US cabotage plan
    CARNIVAL chairman Micky Arison believes a new US cabotage plan would force his brands to reroute and "put some ports out of business"
  • Apollo launches NCL brand overhaul
    NORWEGIAN Cruise Line has announced a significant brand overhaul that will tap the $1bn in new equity invested by private equity group Apollo
  • Breakthrough for GL in Russia
    GERMAN class society Germanischer Lloyd will be the first foreign class permitted to perform statutory duties on Russian-flagged vessels
  • Two bills help US shortsea scheme
    PROPONENTS of a US shortsea programme were heartened by the progress of two key pieces of legislation this week that benefit the trade
  • Two more dry docks for Daehan
    DAEHAN Shipbuilding in South Korea will begin the construction of two additional dry docks with a ground-breaking ceremony on 21 December
  • Fuel curbs Carnival profits
  • Greek ports to strike again
  • Three crew missing after tug sinks
  • Late storm hits north Caribbean
  • Cosco Busan bill bites insurance
  • Six-month delay for Sakhalin LNG
  • Melbourne deepening approved
  • Suez open after tanker groundings

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The Journal of Commerceweb site
DECEMBER 20, 2007
  • Port of LA approves container fee
    Los Angeles Harbor Commission approves $35- per-TEU fee to help fund replacement of dirty trucks.
  • Shippers claim carrier trying to avoid contract terms
  • OMB completes 10+2 review
  • Bill gives short sea boost
  • Jacksonville dredging funded
  • FedEx Q2 income drops
  • European liners tab manager for data exchange
  • County approves Seattle plan to buy BNSF line
  • Florida port upgrades container operations
  • Rockslides hamper rail traffic in Western Canada
  • Zim expands Asia-Europe

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Containerisation Internationalweb site
DECEMBER 20, 2007
  • Asciano to cut intermodal services
  • BPA marches into Russia
  • New chairman for ELAA
  • TACA to raise eastbound rates

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TradeWindsweb site
DECEMBER 20, 2007
  • Melon haul gone bad
    Green Reefers sues for $2.73m from Guatemalan charterer for failing to pay up.
  • Superior sells OSV
    Houston-based offshore services company sells off construction and dive support vessel.
  • US moves on shortsea
    In more legislative moves that have Horizon Lines happy, US bills give shortsea shipping a nudge.
  • US brightens Horizon
    US containership operator positve as US lawmakers strike language from a bill that would have threatened millions in tax savings.
  • Fuel to bite harder
    Carnival expects fuel costs to continue to drag the company's profits down in the first quarter of 2008.
  • Suez open again after groundings
    Egyptian canal back in business after accident involving Irano-Hind suezmax and Columbia VLCC.
  • Carnival slumps
    US- and UK-based cruise giant sees profits drop 13.9% in the fourth quarter, although full-year profits are up.
  • VLCC awaits repairs off Portugal
    V Ships' New Vision needs spare parts after damaging mooring system in hurricane-force winds in North Sea.
  • NGV to build 200 ships
    Malaysian yard lines up deal with Egyptian government for high-speed bullet-proof craft.
  • Three missing after tug capsizes
    Fears grow for Svitzer crew after accident on River Clyde, Scotland.
  • RR wins more AHTS business
    Germany's Nordcapital buys four more Rolls Royce anchor-handler designs for construction at Sekwang in Korea.
  • Solstad builds CSV orderbook
    Norwegian owner contracts $129m construction service vessel at Bergen Yards.
  • SEIC books bulkers
    Chinese power company orders two panamaxes at Jiangnan yard to carry coal.
  • OSG America suffers in third
    Spun-off US-flag arm of OSG falls to loss in three months to 30 September.

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American Shipperweb site
DECEMBER 20, 2007
  • ELAA gets new chairman, awards contract for information exchange
  • FEFC preparing new eastbound tariff, lowering BAF, CAF
  • Bay area oil spill cleanup costs to surpass vessel's liability coverage
  • TBS will buy seven leased tweendeckers
  • FedEx 2nd quarter profits drop 6% on fuel costs, domestic demand
  • UPS's Teamsters workers ratify new 5-year contract
  • Kratky named Jade Cargo general manager
  • Union Pacific lowers earnings forecasts
  • Calif. officials expect EPA denial of state emissions waiver
  • FreightDesk signs deal with Jordan
  • STB reappoints Mulvey
  • GAO finds agencies struggle to enforce U.S. embargo with Cuba
  • Bush to nominate Okun to deputy U.S. trade representative
  • EU, Cariforum nations complete trade pact
  • Calif. citrus growers sue over Florida orange quarantine
  • Penske adds Mexico DC
  • FMC reviews 9 OTI license applications
  • Los Angeles-Long Beach containers slip 3.8% in November
  • Georgia ports approves Jasper plan
  • Miami-Dade commissioners firm up port tunnel
  • Freeport terminal expansion underway
  • Hawaii launches major harbor modernization program
  • MR-GO soon to be no go
  • Port Manatee now handling containers
  • First Chilean fruit ship of season calls Wilmington, Del.
  • Marseilles-Fos' 11-month container volume up 4.5%
  • New York begins TWIC enrollment

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The Scandinavian Shipping Gazetteweb site
DECEMBER 20, 2007
  • Wilson orders eight mini-bulkers in China
    Bergen-based Wilson has ordered eight mini-bulkers of 4,500 DWT at the Chinese yard Shandong Baibuting Shipbuilding at USD 10.4 million each, for delivery from 2010 to 2012. There are subjects on the contract, but these are expected ...
  • New MD at Swedish club
    Lars Rhodin has been appointed Managing Director of The Swedish Club. He will succeed Frans Malmros from July 1, 2008. "I have worked very closely with Lars Rhodin for some years and I know he will relish the task of ...

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The Bunker Bulletinweb site
DECEMBER 20, 2007
  • Spanish player moves into Greek market
    Cepsa Marine Fuels to start bunkering in Kali Limenes and Piraeus.
  • Bunker clean-up costs approaching $61 million
    San Francisco Bay oil spill response costing an average of $770,000 a day.
  • Rotterdam firm, rest of year tight
  • Japan's spot market tight
    Demand leaves players struggling to meet spot enquiries.
  • TACA abandons bunker sucharge increase
    Competitive pressures made the increases 'untenable'.
  • Loading resumed from ExxonMobil bunker tank
    The oil major's 380 cst storage tank in Hong Kong has completed its routine maintenance.

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