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19 September 2021 The on-line newspaper devoted to the world of transports 06:21 GMT+2

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The Business Timesweb site
SEPTEMBER 19, 2008
Shipping News
  • Genco shielded from slide in spot rates
    The recent slide in the Baltic Drybulk index, which measures spot freight rates, does not imply a risk to revenue at Genco Shipping & Trading Ltd as most of its revenue comes from long-term charter contracts whose prices are fixed in advance, a top official said.
  • Freight Links builds $45m chem hub
    Homegrown integrated logistics provider Freight Links Express Holdings has invested in a new $45 million chemical hub in Penjuru Lane for storing chemical and dangerous goods.

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Sched Netweb site
SEPTEMBER 19, 2008
  • MSC to raise capacity on Europe-S Africa service
  • Shenzhen's Yantian CT to build four mega container berths
  • APL monthly revenue 7pc up, boxes rise 10pc to 208,200 FEU
  • Houston gradually opens port in aftermath of Hurricane Ike
  • Shenzhen's CCT switches to electric RTGs from diesel fuel
  • UAE's Gulftainer handles the 9,700-TEU CMA CGM Orfeo
  • Zim to put 4,000-TEU ship into Tampa, port's biggest ever
  • Bad weather, silt-laden hull postpones MSC Napoli salvage
  • Kolkata (Calcutta) Port container traffic up 13pc in August
  • India shipping board chief demands swift road to sea shift
  • Bahamas' Freeport Container Port undergoes major expansion
  • Delhi considers ground handling freedom for air carriers
  • DHL to pay US$260 million in severance for staff is UPS deal
  • FedEx and associates win Pentagon US$1.37 billion deal

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Exim Indiaweb site
SEPTEMBER 19, 2008
  • 17 pc rise in exports of gems, jewellery
  • Edible oil imports surge in Aug.
  • Rosy future for soyameal exports seen
  • Iraq brightens tea export prospects
  • MSME export sector being denied low-cost credit-Fieo
  • Kandla Port adds jewel to crown of achievements
  • Dr Chanda explains steps proposed to save Haldia Dock
  • MoS clears Vizhinjam container terminal project
  • Hyderabad blossoming into airfreight hub
  • FFFAI & NCHAA hold regional meeting in Nagpur
  • CR's Mumbai division earns 13 pc more from freight movement
  • Nath exudes optimism on SEZs' exports, investments & jobs generation
  • We'll act if Re. swings too wildly, assures Nath
  • Dozen proposals to attract FDI cleared
  • Maritime boundary talks with Dhaka begin
  • Probe into dumping of colour picture tubes from Indonesia initiated

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International Transport Journalweb site
SEPTEMBER 18, 2008
  • Eurogate Intermodal taking over Floyd
  • Plans for new Black Sea rail ferry
  • Logwin expanding in Brazil

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Marine Logweb site
SEPTEMBER 18, 2008
  • Navy accepts first LCS
  • Port of Galveston set to reopen
  • Shipping to Navies: "Sink the Pirates!"
  • Todd Pacific employees ratify new labor agreement
  • USCG isues safety alert on exhaust system fires
  • Somali pirates seize two more ships

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World Wide Shipperweb site
SEPTEMBER 18, 2008
  • Port of Seattle holding third runway open house
  • US Merchant Marine Academy works deal with Peruvian school
  • Seattle Corps members support hurricane relief
  • Convetion bans certain anti-fouling paints on ships
  • US firms participating in trade mission to Mongolia

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Lloyd's Listweb site
SEPTEMBER 18, 2008
  • Shipping unites in 'crisis call' to Mitropoulos for piracy action
    BIMCO, Intercargo and Intertanko among signatories urging IMO head to press United Nations for 'forceful' naval support.
  • New call for action on Somali piracy
  • Jiangsu Shagang accuses Vale of iron ore go-slow
    CHINA's largest privately owned steelmaker says loading slowdown is delaying Chinese vessel.
  • ABS chief slams Brussels over class clampdown
    ROBERT Somerville says prolonged campaign against class will erode safety at sea.

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Fairplayweb site
SEPTEMBER 18, 2008
  • Carnival assures on Europe
    CARNIVAL Corporation remains confident that it will see good returns on its huge increase in European capacity, despite a slowdown in European economies
  • European cruise yards 'volatile'
    CARNIVAL chairman Micky Arison cited turbulence in the European cruise building sector, while noting that newbuild decisions can't simply hinge on improving dollar-euro rates
  • Owners reconsidering Aden transit
    ATTACKS on merchant shipping in the Gulf of Aden have prompted shipping companies to consider deviating via the Cape of Good Hope on Mid East-Europe routes, it was claimed today
  • Rosyth-Zeebrugge service revived
    NORFOLKLINE is to take on the ferry link between Rosyth, Scotland, and Zeebrugge, Belgium
  • Enterprise demolition blocked
    DHAKA High Court has stayed the beaching and demolition of oil tanker Enterprise in Bangladesh
  • Sovcomflot posts record first half
    SOVCOMFLOT has posted record results for the first half of the year despite significantly higher operating costs
  • Carnival dampens outlook
    CARNIVAL Corporation's profits fell $44M in the third quarter and forward bookings are weakening

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The Journal of Commerceweb site
SEPTEMBER 18, 2008
  • Port of LA-Long Beach, truckers file legal arguments in clean-trucks appeal
    The Southern California ports say they need to stick to schedule for implementing the clean-trucks concession plan on October 1.
  • AIG bailout won't affect Ports America, says CEO
  • Houston port re-opens
  • FedEx earnings fall 22%
  • Panama Canal cargo volume expected to be flat in 2008
  • Rail freight off again
  • Shippers call for elimination of antitrust immunity
  • TSA completes opening of TWIC enrollment centers
  • Industrial Terminals resumes operations
  • FMC to meet Sept. 24
  • Seattle TEUs weaker

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Containerisation Internationalweb site
SEPTEMBER 18, 2008
  • Opening of NYK's Hamburg office bucks the gloom
  • Stolt aquires Taby
  • Vitoria's TVV ups its port capacity
  • APL rates still up year-on-year
  • SCCT soars in first six months of 2008

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TradeWindsweb site
SEPTEMBER 18, 2008
  • Stocks rebound
    US-listed shipping stocks close sharply higher Thursday following a bearish few days.
  • Fishy strike
    Argentine tug crews halt services to Maersk and Hamburg Sud in dispute with freezer fishing companies.
  • Carnival net dips
    Cruiseship owner's slimmed-down profits beat expectations, and the company raises full-year expectations.
  • Piracy 'crisis call'
    Round table of maritime bodies urges IMO and UN to take armed action as Somali pirates threaten trade.
  • Sales lift Aries
    US-listed boxship and products tanker owner reports profits boost fuelled by vessel sales and reveals in-house commercial management.
  • Workers say OK
    Unions at Seattle's Todd Shipyards approve a five-year agreement after rejecting two previous deals.
  • Sinotrans hit
    Hong Kong-flagged handysize bulker follows Greek vessel into clutches of Somali pirates in space of a few hours.
  • Russian record
    Tanker giant Sovcomflot buoyant after Novoship merger, posting best ever interim profit in strong markets.
  • Deadly door
    Electrician crushed to death by watertight door on DFDS ferry had been woken to fix a fault.
  • Witch off to Oz
    Odd Brevik clicks his heels together to secure term employment for Deep Sea Supply's PSV newbuilding off Australia.
  • Bad taste
    CalMac ferry forced to dock in front of scenic Scottish Highland restaurants due to walkway problem.
  • Greek ship seized
    Pirates now snatching vessels further south of Somalia as Greek bulker and another ship hijacked.
  • All paid off
    Complex sale-and-leaseback of newbuilding sees Atle Jacobsen's Wavefield take over one third of NOS and cover the cost of its orderbook.
  • It's us!
    Maersk company Norfolkline confirms it will revive Scotland to Belgium ferry link with Italian newbuilding.
  • Aboitiz takes aim
    Philippines ferry owner targets 2m passenger journeys this year as load factor increases.
  • Investors see red
    Singapore marine stocks took a battering on Thursday with shipping funds among the worst hit.
  • Golden eyes bond
    Golden Ocean snaps up 4% of its own $200m convertible bonds to take advantage of weak share price.
  • Crunched
    HSBC downgrades Asian yard stocks due to likelihood of shipowners' finding newbuilding finance tougher in global crisis.
  • Aker to convert?
    Norwegian holding company could change newly acquired fishing vessel into seismic survey unit.
  • More for Dalian
    Chinese shipyard plans to expand production from 3m dwt this year to 10m dwt by 2020.
  • PLC eyes shipping
    Sri Lankan leasing company has made a move into ship finance, with a number of deals in pipeline.
  • Hapag Oz bound
    German liner group has announced plans for a new Europe to Australia liner service.
  • Profits up at APM
    Maersk container terminal operator sees interim profits rise, helped by asset sale.
  • Rosyth reborn
    Scottish first minister Alex Salmond due to unveil new operator of ferry run to Belgium after Superfast pulled out.

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American Shipperweb site
SEPTEMBER 18, 2008
  • Groups seek to end ballast water regulation "patchwork"
  • U.S. Coast Guard readies for offshore renewable energy challenges
  • FSL adds to credit line despite uncertain market
  • NYK opens new German shipping HQ
  • Global Ship Lease will acquire ships, lease to Zim
  • BA World Cargo to lower fuel charge
  • WFS boosts Baltimore business with three air cargo handling contracts
  • GAC Logistics joins Cargo 2000
  • DB Schenker to acquire large stake in Italian rail cargo company
  • EUROGATE Intermodal takes majority share in Floyd
  • Colombia lobbies U.S. lawmakers to approve FTA
  • EPA blasted for lax controls for hazardous electronic waste exports
  • Reinsch seeks global anticorruption measures to protect commerce
  • Feds bust up Iranian export ring involved in IED making
  • Clarification: U.S. governments extends lifeline to AIG
  • Panama Canal to secure $400 million loan, sees flat volume for 2008
  • ATA appeal over SoCal truck plan injunction in court's hand
  • Port of Houston open on limited basis in Ike's aftermath

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 18, 2008
  • Absalon captures 10 pirates in the Gulf of Aden
    The Danish frigate Absalon seized two speed boats in the Gulf of Aden yesterday. The boats and their crew of ten persons are now in custody on board Absalon, where the Danes are trying to identify them. The two boats ...
  • Helcom identifed seven illegal discharges of oil
    At Helcom's CEPCO North 2008 aerial surveillance flights, which were conducted on 16-17 September over the north-eastern parts of the Baltic Sea, seven illegal discharges of oil were detected. The total amount of oil in all detected slicks has ...
  • Ship's emissions could be cut by 90 per cent
    The international environmental foundation Bellona and five other environmental NGO's have jointly published a report, entitled "Air Pollution From Ships," discussing emissions, health effects, regulatory regimens ' and the potential for improvement. The report shows that the technical and regulatory means ...

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The Bunker Bulletinweb site
SEPTEMBER 18, 2008
  • Carnival: Q3 profits hit as fuel prices increase 77%
    Bunker prices hit bottom line but cruise line says forecasted fuel prices are lower than previously expected.
  • Russian bunker supplier to invest $220 million
    Gazpromneft to build two new terminals and rebuild another.
  • More ex-pipe closures in Durban
    Port's spot market supply remains uncertain after unusual straight-run fuel parcel sells out.
  • Asian bunker prices firming
    Singapore prices for 380 cst up by $12.
  • Rotterdam firm following crude gains
  • Investment bank still trading in fuel oil swaps
    But reports says Morgan Stanley brokers in Singapore are not posting bids via trading window.
  • Singapore fuel oil inventories rise
    Middle distillates stocks at five-year high.

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