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26 September 2021 The on-line newspaper devoted to the world of transports 03:19 GMT+2

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The Business Timesweb site
SEPTEMBER 12, 2008
Shipping News
  • Chinese shipbuilder Yang Fan plans IPO
    Chinese shipbuilder Yang Fan Group, in which Goldman Sachs holds a 20 per cent stake, is eying a stock market listing in Hong Kong in the first half of next year, chairman Xu Yu Kang told Reuters.
  • Capesize rates on Brazil to China route dive
    Capesize freight rates on the key route between Brazil and China have fallen below US$50 per tonne for the first time in 14 months, hurt by a drop in Chinese demand for iron ore, shipping brokers said yesterday.
  • NOL ahead in race for Hapag-Lloyd deal: German papers
    Singapore's Neptune Orient Lines (NOL) leads the race to acquire TUI's container shipping unit Hapag-Lloyd, ahead of a group of Hamburg- based investors, German newspapers reported yesterday.
  • Northrop wins US$5.11b aircraft carrier contract
  • Irish adventure training ship sinks near France
  • China box firm takes control of HK's Enric
  • EU to include shipping in emission trading

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Sched Netweb site
SEPTEMBER 12, 2008
  • OOCL opens office in Poland
  • FEFC up 3.2pc in July westbound TEU, up 7.5pc in first 7 months
  • Yangjiang Port launches barge service to YICT
  • Senior EU official accused of EU trade information leak
  • YRC to accelerate integration of Yellow, Roadway trucking operations
  • Nova Scotia container terminal project hires CFO
  • Asian Aerospace Club China paves way for AA 2009
  • Yantai to Hai'erbin flights increased
  • Aeroflot adds three flights to daily Moscow-Budapest service

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Exim Indiaweb site
SEPTEMBER 12, 2008
  • Imports flood safeguards on anvil
  • 2 lakh tonnes of soyameal to be exported
  • Move for CECA with Malaysia
  • Pulses imports may touch 3 m tonnes
  • US-based ISLI all praise for VCT's handling capabilities
  • India Inc fights shy of sinking money in ports & shipping, says Assocham study
  • Pawar to inaugurate 2-day warehousing meet in Delhi today
  • Rlys hauls 9 pc more freight in April-Aug.
  • 121 countries better at doing business than India!
  • Cabinet panel seeks impact report of iron ore export duty
  • Rupee at 2-yr low vis-'-vis dollar
  • Volatile currency offers no comfort to small & medium sectors, asserts Fieo chief
  • Steel prices slashed by Rs 2,000 a tonne
  • Bank strike likely on September 24 & 25

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Maritime Global Netweb site
SEPTEMBER 11, 2008
  • Industry loses patience over pirates
  • US brings in sanctions against IRISL
  • UK fines shipmanager
  • A2 rating for Panama Canal
  • Optimism over project cargo
  • Chemoil happy with first year in Gulf of Mexico

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Marine Logweb site
SEPTEMBER 11, 2008
  • Senate panel approves third DDG-1000
  • International Shipholding panel to assess Liberty offer
  • Arntzen joins Royal Caribbean board
  • Roberts returns to Crowley as SVP and General Counsel
  • StealthGas orders Suezmax duo
  • U.S. slaps sanctions on Iran's national shipping line

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World Wide Shipperweb site
SEPTEMBER 11, 2008
  • Port of Portland pleased with TSA cash for PDX project
  • Trucking association calls for review of ports' concession plans
  • California rail line boasts all low-emission locomotives
  • Chris Peterson earns Thomas Crowley trophy
  • Panama Canal Authority nets Moody's credit rating

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Lloyd's Listweb site
SEPTEMBER 11, 2008
  • Pirates free BBC Trinidad and crew
    VESSEL'S operator, Beluga Shipping, paid what a spokeswoman described as a "low seven-digit US dollar" ransom.
  • German owners demand Navy joins fight against pirates
  • Washington places sanctions against IRISL
    IRAN's national shipping carrier targeted in the US' long-running campaign against the country's alleged nuclear ambitions.

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Fairplayweb site
SEPTEMBER 11, 2008
  • Iran to take US to court on sanctions
    TEHRAN responded angrily today to the US imposition of unilateral sanctions against the government-run Islamic Republic of Iran Shipping Lines by pledging to seek redress at the UN's International Court of Justice
  • Ports shut as Ike heads for Texas
    PORTS along the western US Gulf of Mexico will begin shutting down later today as they prepare for Hurricane Ike
  • US warns on piggyback port plan
    THE US Maritime Administration has weighed in on a proposal to build a construction platform above the Port of San Diego, which is pitting backers of more recreational facilities against commercial shipping interests
  • IRISL plays dominant shipping role
    IRAN IS on Thursday/Friday weekend today during Ramadan, so there was no official or press reaction from Tehran about the latest sanctions applied by Washington
  • Engineer faces prison for log fraud
    A CHIEF engineer faces up to a decade in a US prison after pleading guilty of falsifying oil logs while working on the Cyprus-flagged chemical/product tanker Nautilus
  • StealthGas branches into crude
    THE GREEK liquefied petroleum gas operator StealthGas will enter the crude sector through the order of two Suezmaxes and has announced several additional fleet developments
  • Eimskip on bourse's watch list
    ICELAND'S Eimskip is now on the watch list of the country's Nordic Stock Exchange after the shipping company's currency value dropped by 8

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The Journal of Commerceweb site
SEPTEMBER 11, 2008
  • ATA asks court to expedite decision in clean-trucks appeal
    The association hopes to have a decision from the 9th Circuit Court of Appeals before next month's implementation of concession rules
  • Ports shut down ahead of Ike
  • Alitalia suitors hold last-ditch talks
  • Deutsche Post close to selling financial unit
  • Car carrier makes its Charleston debut
  • Coast Guard adds new TWIC enforcement dates
  • Trade deficit swells
  • Cap-and-trade system should include shipping, EU told
  • Mainfreight expands into customs brokerage
  • Strikes slam Marseilles container volume
  • Australia OKs Adelaide terminal venture

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Containerisation Internationalweb site
SEPTEMBER 11, 2008
  • CKYH chops Asia/USEC loop
  • Seatrade sets up StreamLines
  • Nod for Adelaide joint venture
  • Strikes send Marseilles' HI 08 container traffic plunging
  • Hamburg Sud names second Monte newbuild

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TradeWindsweb site
SEPTEMBER 11, 2008
  • Ike blowing in
    The Houston-Galveston area Coast Guard prepares to close ports and waterways as Hurricane Ike takes aim at Texas.
  • Harry's suez move
    Stealthgas confirms entry into suezmax market with two-plus-two order while LPG oldie shipped out.
  • 'Dry powder'
    Akis Tsirigakis tells TradeWinds Web TV what Star Bulk might do with its $250m war chest.
  • Caspian cash
    Connecticut private equity firm pumps $15m into Caspian Sea offshore vessel owner and seismic player to pay for a new marine supply base.
  • On the march
    Workers at Argentina's Rio Santiago Shipyard march on the provincial capitol to demand access to domestic orders.
  • BBC Trinidad free
    Japanese tanker Irene also said to have been released as Beluga ship and crew freed by Somali pirates.
  • Roberts in-house
    Venable attorney who represented Crowley Maritime takes general counsel job, rejoining the company after eight years.
  • No Bow sale
    Odfjell says it has not sold a chemical tanker after brokers report the transaction.
  • 'Act now!'
    Shipowners urge NATO governments to follow 'hot-pursuit' UN Security Council decision on Somali hijacks.
  • Oceanaut to vote
    Shareholders are set to vote next month on the bulker buy that will "de-spac" the blank-cheque company, but stock prices may present challenges.
  • Ready to sell?
    John Fredriksen would offload Frontline spinoff with buyers getting a dollar for 50 cents, top analyst says.
  • 'Time is over'
    EC competition commissioner, Neelie Kroes, says Malta must end state aid to shipyards.
  • BP extends
    Capital Product Partners fetches charter extension on a pair of medium range products tankers.
  • Simple for Simon
    Norway's Simon Mokster Shipping follows November's script by inking $55m rescue vessel at Simek.
  • Hot streak
    NYK Reefers takes two Kollakis-owned vessels from Star as part of eight-ship reshuffle.
  • Eight for STX
    Singapore-listed bulker owner ties up with related shipbuilder in order for handysize octet.
  • IRISL under fire
    US imposes sanctions on Iran's national carrier as nuclear dispute heats up.
  • Not so lucky
    Equatorial Guinea-flagged cargoship Lucky Star held in Hong Kong with huge list of deficiencies.
  • Unlucky start
    Greek bulker Michael S attacked in Gulf of Aden had only just joined Piraeus-based owner's fleet.
  • Tianjin's target
    Hong Kong-listed operator of Chinese box terminal expects 20% 2009 growth despite forecast export slowdown.
  • Latvian leaving?
    Riga tanker owner considers switching listing to Warsaw to boost volumes and attract more investors.
  • Block booking
    Q-Ship pens five-year charter contract with compatriot to transport building materials from UAE.
  • Boxes for Vlore
    Swiss group Zumax planning new 3m-teu per year container terminal in Albania.
  • Ferry fury
    Scottish government under fire over plan to lower some fares in line with what journeys would cost by road.

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American Shipperweb site
SEPTEMBER 11, 2008
  • Hamburg S¨d names 5,552-TEU ship
  • TBS moves into project business
  • Cathay/Dragonair volume drops 3.1% in August
  • Regulators near compromise on Lacey Act enforcement
  • Pork exports to China go hog wild in first half
  • GT Nexus standardizes shipment invoice information
  • Exel announces promotions
  • BIFA to BBC: Don't forget us forwarders
  • Mainfreight adds customs brokerage service to U.S. operations
  • Lott named CFO of Shapiro & Co.
  • Adelantex selects Four Soft software
  • Hurricane Ike may arrive in Texas late Friday
  • Panama Canal Authority gets first credit rating from Moody's

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 11, 2008
  • NYKCool secures eight reefer vessels
    NYKCool wil strenghten its fleet by purchasing, bareboat chartering and time chartering in total eight vessels. NYK Reefers has purchased the two reefer ships Global Harvest, 422,156 cbft and Crown Topaz, 547,693 cbft. NYKCool has also entered into a long ...

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The Bunker Bulletinweb site
SEPTEMBER 11, 2008
  • Horizon Lines to lower fuel surcharge
    Shipping line make fuel adjustments as crude prices continue to dip.
  • New staff at Dan-Bunkering's Kaliningrad office
  • Bandar Abbas refinery escapes earthquake damage
    Close call for key regional source of bunker fuel.
  • No halt to slide in prices
    Singapore 380 cst material has seen a fall of more than $60 in seven days.
  • Strengthening dollar pushing up operator's costs
    Fyffes points to two years of 'unprecedented increases' in shipping and fuel costs.
  • Sulphur regulations causing unfortunate side-effects
    Blends with poor ignition and combustion properties may increase other ship emissions.
  • Congestion persists in Rotterdam
  • Singapore residual fuel stock down to 6-month low
    Limited arbitrage arrivals and competing Middle East demand continues to affect stocks.
  • New hull-cleaning technology to cut fuel consumption
    Abrasives that can damage or remove anti-fouling paint no longer needed.
  • S Korean ship 'dumps' fuel oil in US waters
    STX Pan Ocean-operator bulker detained by US Coast Guard.
  • LMS prepares bunker sales using floating storage
    A tanker will be used for procurement and storage of bunker fuels.
  • Chemoil sees 'substantial' demand in Gulf of Mexico
    Increasing demand for its offshore service underlines cost efficiencies.
  • China's bunker market in flux as volumes surge
    Chimbusco's share is falling as new players expand.

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