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19 September 2021 The on-line newspaper devoted to the world of transports 07:40 GMT+2

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The Business Timesweb site
Shipping News
  • Piracy in Gulf of Aden a different kettle of fish
    The piracy problem that used to exist in the Strait of Malacca cannot be compared to the problem that now exists in the Gulf of Aden, says regional piracy reporting body ReCAAP Information Sharing Centre (ISC).
  • Most carriers must just tough it out
    WHILE the worsening piracy situation in the Gulf of Aden is a worry for all in the shipping industry, not all players can choose to do the same as MISC - barring its vessels from entering the area.
  • SK Energy may join Posco to bid for Daewoo stake
    SK Energy Co, South Korea's biggest oil refiner, may join Posco to bid for a controlling stake in Daewoo Shipbuilding & Marine Engineering Co in what would be the biggest acquisition in the shipbuilding industry.
  • Emission standards to get tougher soon
Strait Talk
  • Treating seafarers respectfully
    SINCE the Sept 11, 2001 terrorist attacks on the United States, security has gone - as everybody in the industry knows - right to the top of the agenda.

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Sched Netweb site
  • Maersk streamlines, puts Estonian shipyard on the block
  • MOL provides consolidation services for Burlington Coat Factory
  • Yang Ming to add another weekly Dubai-Iraq service
  • China-US export growth makes first slip into single digits
  • Bank sees 2009 decline in rates, supply outpaces demand
  • Manila's ICTSI takes over Mindanao box terminal
  • Slowdown prompts Oakland to mull leasing piers to non-marine firms
  • CN wins over Joliet in bid to buy little railway for major link
  • US Customs and Border Protection to hold symposium October 29
  • BA World Cargo cuts fuel surcharge again
  • Aeroflot deploys A320s on Moscow-Oslo-Moscow route
  • United drops tertiary cargo routes as fuel rises and demand falls
  • Lufthansa Cargo to take over cargo counts business

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Maritime Global Netweb site
  • MISC stops sailings to Gulf of Aden
  • Belships' good Q2
  • Market surge benefits DHT
  • Novoship achieves OHSAS 18001

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Marine Logweb site
  • MISC ships won't enter Gulf of Aden
  • International Shipholding ponders acquisition offer

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Lloyd's Listweb site
  • Port operators face bankruptcy in ABP rebate row
    UK port operators see red as Associated British Ports gets multi-million pound rates rebate from Hull City Council.
  • P&O Ferries stunned by £5.2m rates bill at Hull
  • US oil production is spared Gustav's fury
    DAMAGE estimates sizeably lower than earlier feared after offshore sector escaped full brunt of the Hurricane.
  • Liberty unveils ISH takeover
    LIBERTY Shipping has proposed an all-cash acquisition of International Shipholding Group that would value ISH at around $190m.

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Fairplayweb site
  • LNG goliath heads for Italy
    Adriatic LNGFOUR TUGS are slowly towing a giant floating LNG regasification platform from southern Spain to the Italian coast
  • Houston reopens as oil tumbles
    HOUSTON pilots returned to work this morning, reopening the largest oil port on the US Gulf Coast after it weathered Hurricane Gustav
  • Ports targeted in UK rates review
    COMPANIES based in 55 statutory ports in the UK are subject to a business rate review that is likely to result in significant rises in their costs
  • Great Offshore buys two
    GREAT Offshore has agreed to buy KEI-RSOS Maritime and Rajamahendri Shipping & Oilfield Services, based in Rajahmundry and Hyderabad
  • UK ro-pax has a fender-bender
    EUROPEAN Endeavour, a 7,477dwt, 2000-built, ro-pax operated by P&O Ferries, is being repaired after a collision
  • Crewman killed in UK accident
    A FATAL accident has taken place on the tanker Castillo de Monterreal, berthed at ExxonMobil's Fawley terminal in Hampshire, England

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The Journal of Commerceweb site
  • Liberty Shipping bids to acquire ISC
    The dry bulk carrier's $308 million offer for International Shipholding follows last month's unsuccessful merger talks.
  • WTSA to simplify formula for bunker surcharges
  • Gulf ports emerge relatively unscathed from Gustav
  • MSC chief eyes Alitalia
  • A.P. Moller to sell shipyard
  • CN restoring Gulf service
  • OECD ups U.S. forecast
  • Matson buys warehouser
  • Agility acquires Canadian forwarder Geopetrol
  • TWIC enrollment approaches 500,000
  • Rotterdam breaks ground on Maasvlakte 2 terminal

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Containerisation Internationalweb site
  • CMA CGM in South American expansion mode again!
  • Gustav passes: but Hanna and Ike threaten
  • MOL subsidiary picked as Asian logistics partner for US furniture retailer
  • SA terminal introduces hi-tech box receiving gate
  • HPH starts work on Felixstowe South

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TradeWindsweb site
  • Liberty in ISC bid
    Liberty Shipping has made - and offered to raise - a cash offer for New York-listed International Shipholding.
  • Bosporus bash
    General cargoship and bulker collide in Turkey's Bosporus Strait after engine failure.
  • 'Deadly cargo'
    Safety is improving at Bangladeshi demolition yards, but it is still dangerous work.
  • Aground in Rio
    Liberian-flag containership MSC Prague runs aground in Brazil's Guanabara Bay.
  • Back online
    StatoilHydro's Norne FPSO is producing again after maintenance takes it offline for 40 days.
  • WTSA rejigs math
    Westbound transpacific liner operators have simplified their bunker surcharge calculations.
  • Unhappy feet
    Some 200 oil-soaked penguins have died off Brazil from a mystery oil spill.
  • Clipped again
    Cruiseship Clipper Pacific detained again in the US after being suspected of 'potential' pollution offences.
  • One year lull
    Offshore newbuilding contracts will remain depressed for the next 12 months, Hagland says.
  • Clipper's quarter
    Danish shipowner holds nearly 25% of Eitzen Chemical after picking up shares from Ospraie Management.
  • Capital shelves
    Capital Product Partners files shelf registration to quietly sell up to $300m in new shares.
  • Colombo coup
    Sri Lankan shipyard more than doubles earnings in second quarter thanks to Indian offshore business.
  • Rates lift DHT
    New York-listed tanker owner posts 39.4% increase in profits as VLCC fleet doubles TCE earnings.
  • Ho-Ping for more
    Norden bags massive $150m, 15-year COA to ship coal for Taiwan's Ho-Ping Power Company.
  • Costs cut profit
    Rising operating expenses slash first-half earnings at listed Taiwan-based boxship owner Wan Hai.
  • 100% shut-in
    Hurricane Gustav shuts-in gulf oil and gas production was shut-in by the storm, closes ports and kills a reefer crewmember.
  • MISC quits Gulf
    Malaysian owner no longer willing to send ships through Gulf of Aden after double hijacking.
  • Turkey's toll
    Another worker reported dead after accident at a Turkish shipyard, this time in Kocaeli.
  • CSSC races
    Shipbuilder overcomes rising costs as first half profit jumps 80%.
  • Suazo off
    Philippines maritime chief resigns, but says not due to pressure of sinking of Princess of the Stars.
  • Great adds 19
    Indian owner boosts offshore fleet by snapping up two rivals in $40m move.
  • Brunei bags loan
    Three banks divvy up $505m Islamic loan to fund Brunei Gas Carriers LNG order at Daewoo.
  • Third time lucky
    Romania finally privatises Santierul Naval Mangalia shipyard after two failed attempts.
  • Merchants' money
    Chinese ports player handles 42% more profit in first half as exports rise.
  • Han eyes switch
    GSI president targets ferry and offshore contracts as bulker and boxship demand slackens.
  • Future is 'grim'
    Sinotrans braces investors for bumpy ride as it warns of dwindling growth in China, but profit rises.
  • Not all Korean
    Mimi Berdal set for deputy chairman's seat at Aker Yards with Su-Jou Kim in line for top job.
  • HHI to buy
    Korean shipyard giant moving to secure supplies of steel and ship parts with overseas investments.

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American Shipperweb site
  • Liberty makes offer for International Shipholding
  • NYK Line to develop solar generator for car carrier by December
  • E.R. Schiffahrt takes control of offshore joint venture
  • FedEx speeds up Europe-East Coast transit times
  • Cargolux adds Miami, Vienna flights
  • DB Intermodal Services opens international unit
  • Lake Carriers' Association moves
  • Ames, truck and barge line attorney, dies
  • ITC probes possible change to U.S.-Australia FTA origin rules
  • CEVA lands spare parts distribution deal with Finnish company
  • Strategy sought to combat Netherlands cargo crime
  • MOL to handle Asia consolidation for Burlington Coat Factory
  • BIS establishes export licensing requirements for Kosovo
  • GreenCarrier acquires Latvian forwarder
  • IJS Global begins operations in Poland
  • New Orleans survives Gustav
  • ATA files response to SoCal ports' defense of truck plan
  • Port of Felixstowe expansion ceremony
  • Maersk to sell Estonian shipyard
  • ABP orders Gottwald cranes for Southampton

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The Scandinavian Shipping Gazetteweb site
  • Works secured on bancrupt Norwegian yard
    Last month, the Flekkefjord Slipp & Maskinfabrikk went bancrupt with claims in excess of NOK 120 million. The shipyard had three offshore vessels in its orderbook, one for Solstad and two for Simon M'kster Shipping. Two under construction will be delivered ...
  • Odense Steel Shipyard sells Loksa
    Odense Steel Shipyard (Lind') wants to sell Loksa Shipyard to increase the group's efficiency. Loksa Shipyard, located east of Tallinn, was sold to Odense Steel Shipyard in 1994 and is one of the leading manufactures of hatches. Loksa Shipyard increased ...

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The Bunker Bulletinweb site
  • Russian fuel oil exports little changed in August
    Exports of gas oil down as record-high duties take effect.
  • Petrobras exploring product expansion
    Begins supply of 500 cst and a 'Premium' fuel oil on trial basis in two ports.
  • Global bunker market report
  • Singapore prices plummet on bearish crude
    But fuel oil values relative to crude the highest in years on supply crunch.
  • New bunker trader at Dan-Bunkering
  • Rotterdam market very quiet
  • NYK Line commits to cut fuel usage and pollution
    Pledging to spend $638 million on technologies to reduce fuel consumption and emissions.
  • Thinning supply at Colombo port 'temporary'
    380 cst replenishment cargoes to arrive after LMS vacates tank farm.
  • Singapore facing September supply crunch
    Tight avails could push prices up to fresh high, traders say.
  • New device prevents spillage during refueling
    Bilge effluent and spillage during refueling of leisure craft identified as leading causes of pollution in waterways.

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