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26 September 2021 The on-line newspaper devoted to the world of transports 02:19 GMT+2

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The Business Timesweb site
SEPTEMBER 11, 2008
Shipping News
  • FedEx Q1 profit to beat forecast as fuel costs fall
    FedEx Corp, the largest air-parcel shipper, said it will report a profit of US$1.23 a share for the quarter ended Aug 31, beating its forecast as fuel costs fell. The stock rose as much as 8.5 per cent after regular trading.
  • Decoupling makes global economy stronger: Zedillo
    A DECOUPLING of the developing and developed economies and new ways of looking at supply chains and outsourcing were the key messages from distinguished speakers like former Mexican president Ernesto Zedillo and 2001 economics Nobel laureate Michael Spence at the DHL Leadership Dialogue yesterday.
  • DHL to pay US$260m for worker severance
    Express cargo carrier DHL, a unit of Deutsche Post, said on Tuesday that it will pay US$260 million in severance and benefits for employees affected by a restructuring of its loss-making US operations.
  • Korean steelmaker to shut plant for expansion
Strait Talk
  • Striking back at pirates
    IT is only two weeks since this column commented on the dangerous surge of hijackings by pirates in the Gulf of Aden, but I make no apologies for returning to the subject. The situation, already intolerable, has deteriorated since then.

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Sched Netweb site
SEPTEMBER 11, 2008
  • SCT receives ISO14001 accreditation
  • Cosco's 564-TEU Takeko calls first at Yantai on Japan-China short sea run
  • Singamas sees H1 profits fall 16.7pc
  • Evergreen, Wan Hai to offer Japan-Taiwan-Philippines service
  • Bintulu Port in Malaysia experiences strong cargo growth
  • Mideast container volume to skip global downturn: UBS
  • New York must deepen capacity to secure shipping future: report
  • Ceva to do warehousing, distribution for UK's Tangerine Confectionery
  • DHL finishes Central Asia Hub at HKIA ahead of schedule
  • IBS Software Services becomes Cargo 2000 member
  • Saga Airlines buys 2 Boeing 737-800s
  • Davies Turner Air Cargo retains top UK independent title

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Exim Indiaweb site
SEPTEMBER 11, 2008
  • Allcargo Tuticorin retains South's top consolidator spot
  • EU wants India to encourage open competition for N-energy market
  • Steel export duty structure to be retained for now
  • UKIBC opens capital office
  • Paswan wants iron ore export duty hiked
  • Trade with China soars by 69 pc in H1
  • Onion exports surge thru' high MEP barrier
  • Gold imports surge after price dip
  • Drawback cuts upset synthetic textile exporters
  • With global prices cooling down, iron ore exports thru' 3 eastern ports decline
  • Paradip Port's berth proposals for PPPAC's scrutiny
  • Kandla Dock Workers' Union serves strike notice
  • SAS Cargo charts new route to India
  • New RBI chief to push for financial reforms
  • India ranked 31st in world financial development index
  • Flyjac to host logistics seminar in Mumbai
  • South Asian port games to be held in Colombo from Oct. 4 to 8
  • AIAI to hold meeting with CBEC chief tomorrow

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International Transport Journalweb site
SEPTEMBER 11, 2008
  • DHL Express names new CEO for EEMEA region
  • Hamburg port operators invest EUR 355 million
  • Swiss adds flights to winter timetable
  • Estonia's state railway to be restructured
  • DHL to pay high settlement costs in USA

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Maritime Global Netweb site
SEPTEMBER 10, 2008
  • AP Moller-Maersk aims at zero fatalities
  • Debt-free Nordic American "well placed" as credit crunch bites
  • MOL: "heat-shielding paint saves fuel"

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Marine Logweb site
SEPTEMBER 10, 2008
  • Northrop Grumman gets $5.1 billion CVN 78 contract
  • MSC Cruises orders two more Musica class ships
  • China shipbuilding giant to raise $512.5 million
  • Connaughton to be nominated FMC Chairman

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World Wide Shipperweb site
SEPTEMBER 10, 2008
  • Everett Port Board Oks building consolidation plan
  • Evergreen joins Wan Hai in joint Asia service
  • ATA praises president to plan to fund Highway Trust
  • Report finds container ports to see slowdown for rest of 2008
  • Congressman sets hearing on Coast Guard diversity

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Lloyd's Listweb site
SEPTEMBER 10, 2008
  • Experts warn African hijackings will continue
    POLITICAL risk consultants are warning of the likelihood of further attacks on shipping in Nigerian and Somali waters.
  • Tug and supply vessel attacked in Nigeria
  • Green issues top owners' lists for new vessels
    HYPOVEREINSBANK maritime survey shows 94% of owners believe hull and engine effiency are key to reducing fuel costs.
  • Dry bulk 'crisis' will hit freight rates in 2015
    CHINA'S steel consumption will be the key factor to hit future rates, not the glut of newbuildings to be delivered in 2010.

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Fairplayweb site
SEPTEMBER 10, 2008
  • US targets Iran Shipping
    The US is imposing sanctions against Islamic Republic of Iran Shipping Lines (IRISL) and 18 affiliated companies for allegedly smuggling 'proliferation' materials to Iran's defence ministry
  • Man hurt in Singapore yard blast
    A SHIPYARD worker was reported in stable condition today after being blasted overboard by an explosion on the deck of a barge during welding work in Singapore
  • Russia plans $500M port in Far East
    MECHEL, the Russian steel and mining group, announced today plans a coal export port worth nearly $500M at Vanino in the Russian Far East, on the Tartar Strait leading to the Sea of Japan
  • Sinking captain's death confirmed
    FORENSIC authorities in the Philippines have confirmed that a ro-pax's captain was among more than 800 people killed in its sinking
  • 29 smuggler victims found
    THE BODIES of 29 people killed at sea have washed up on the shores of Yemen
  • Mate's catnap costs £16,400
    THE FIRST mate was snug and sound asleep when the general cargo carrier Sunna grounded off the coast of the Orkney island of Swona on 10 January 2007, a court hearing heard

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The Journal of Commerceweb site
SEPTEMBER 10, 2008
  • No injunction against clean-trucks plan
    Truckers will appeal judge's decision not to block concession requirements in the LA-Long Beach trucks programs.
  • Ports urged to postpone clean-trucks start-up
  • Bush names Connaughton to head FMC
  • House passes border ban on Mexican trucks
  • Fuel aids FedEx outlook
  • Crowley appoints counsel
  • Container forecast revised for weak finish to 2008
  • Lufthansa, Air France-KLM cargo slides in August
  • MOL shuts ship units
  • India port extends concessions on empties
  • MOL warms to benefits of heat-shielding paint

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Containerisation Internationalweb site
SEPTEMBER 10, 2008
  • Seaspan accepts new vessel
  • Hamburg deepening delayed

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TradeWindsweb site
SEPTEMBER 10, 2008
  • Vale confirms
    Brazilian miner admits that it is negotiating with Asian iron ore buyers, but the price hikes are not as steep as expected.
  • Order hopes bleak
    Molaris says he is betting that a capesize quartet on order at a Korean yard will be delayed further or cancelled.
  • Royce gets heavy
    US bulker and tweendecker owner TBS picks up its first heavylift unit in $20m move.
  • Bulker seized
    Greek bulker also attacked hours before South Korean handysize falls to pirates off Somalia.
  • Aker to convert
    STX-controlled shipbuilder to turn GAP Adventures' ferry into cruise vessel.
  • Li takes four
    Li Shaode-led CSDC back at Dalian Shipbuilding for $230m tanker quartet.
  • Rio damned
    Norway blocks flood of oil funds to mining giant Rio Tinto over 'environmental concerns'.
  • Ike Texas-bound
    US maritime authorities are preparing for Hurricane Ike to hit Texas as a Category 3 storm.
  • MSC seals order
    Cruiseship player ties up loose ends of contract for two new vessels to be built at Aker's French yard.
  • Naughty NES
    Icelandic manager of cargoship that grounded off Scotland fined for breaching UK collision regulations.
  • Dolphin eyes two
    Indian owner will pen two OSV newbuildings if Brunei joint venture gets the green light.
  • NAT bullish
    Herbjorn Hansson-led suezmax player predicting another good three months to 30 September as strong spot market continues.
  • Nord into Mexico
    Ambitious offshore player bags breakthrough term employment for PSV newbuilding with Pemex.
  • Globus offloads
    George Karageorgiou-led owner more than doubles its money with sale of handymax to compatriot Greek.
  • Pay up, Spencer
    Sigurd Thorvildsen-led Awilco challenges Spencer Energy to dig deep as leading shareholders jostle for position at Ocean HeavyLift.
  • Roubles ready
    Russia lines up three new port zones in Rostov region, with help of Azov-Don Shipping Co.
  • Cold shoulder
    Aker Yards' conqueror STX has so far failed to muscle in on the bidding for rival Korean shipbuilder Daewoo.
  • Iran splashes out
    Hormozgan region ordering 20 small ferries in Turkey, with one scheduled to arrive every 45 days.
  • Eidesvik extends
    Jan Fredrik Meling-led owner bags $40m bareboat contract extension for cable layer.
  • Ferry costly
    New York City faces $22.9m payment to man paralysed in 2003 Staten Island ferry crash.
  • Maputo to grow
    Grindrod and DP World planning to expand coal and other cargo operations at Mozambique port.
  • Barge blast
    Shipyard worker injured in explosion during welding work on Orion 1505 in Singapore.
  • Baupost sells
    Boston fund manager cuts its stake in US containership owner Horizon Lines by 44%.
  • Ferry punt
    Portugal's Grupo Amorim takes stake in domestic owner Atlantic Ferries to further tourism plans in Troia.

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American Shipperweb site
SEPTEMBER 10, 2008
  • MarAd's Connaughton nominated FMC chairman
  • Dubai considering canal to bypass Strait of Hormuz
  • CKYH Alliance terminating Asia/U.S. East Coast service
  • Temasek buys stake in FESCO
  • Globus selling Handymax bulker for tidy profit
  • FedEx upgrades first quarter outlook as fuel prices abate
  • NWA Cargo reducing fuel surcharge
  • Delta Cargo plugs into Descartes software
  • House bill seeks to terminate cross-border trucking program
  • PD Ports urges immediate rail action from U.K. government
  • House Democrats fault Bush on homeland security
  • Lange to take over Kuehne + Nagel reins early
  • iGPS earns FM 4996 certification for all-plastic pallets
  • Judge: Denial of ATA injunction vs. SoCal ports to stand
  • SoCal terminal operators call for delay of ports' truck plan
  • Port Tracker lowers forecast for U.S. container imports
  • JAXPORT hosts Logistics and Intermodal Conference

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 10, 2008
  • South Korean shipyards have 50 per cent of all newbuilding orders
    South Korean shipyards have secured 50.6 per cent of all newbuilding orders in the first half of 2007, reports AFP. In total the orders reach 12.4 million GT. In 2007 South Korean shipyards secured 38,9 per cent of ...
  • Maersk Supply sells AHTS to Norway
    Maersk Supply Service A/S has sold its first vessel after becoming an independent owner within the A. P. Møller-Mærsk Group. The Isle of Man-flagged anchor handling vessel Maersk Mahone, built in 1983, is bought by the Norwegian ...
  • Clipper buys more in Eitzen Chemicals
    The Danish Clipper Group has purchased more shares in the public listed Eitzen Chemical (listed on the Oslo Stock Exchange). Clipper gave notice to the Oslo Stock Exchange that the company now owns 43,896,600 shares, equal to 25.55 per ...

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The Bunker Bulletinweb site
SEPTEMBER 10, 2008
  • KPI Bridge Oil opens on US West Coast
    Bunker company announcing expanded coverage of Pacific Rim.
  • Global bunker market report
  • More fuel oil cargoes offered from India
    Recent parcels sold to Middle Eastern companies, more cargoes offered for October loading.
  • Bunker prices continue to fall
    Singapore prices at lowest level since mid-June.
  • Investigation into bunker barge sinking
    Spanish authorities want to know why bunker barge sank while at berth.
  • Rotterdam still busy
  • ExxonMobil sells late-September cargo
  • Operator exploring all available 'green' measures
    Viking Line says 'greener edge to company's profile could make all the difference'.
  • Supplies resume at Australian port
    Replenishment tanker due to complete discharge today, supplier says.
  • Shipping firm shrugs off higher LSFO bunker costs
    Burning low-sulphur fuel is a 'small price to pay for a cleaner environment'.
  • OPEC cuts oil output
    Cartel reverts to 2007 quota.

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