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26 September 2021 The on-line newspaper devoted to the world of transports 02:14 GMT+2

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The Business Timesweb site
SEPTEMBER 23, 2008
Shipping News
  • Chinese tie-up gives Yantai added boost
    With the completion earlier this month of China International Marine Containers' (CIMC) deal to buy a 29.9 per cent stake in Yantai Raffles Shipyard for US$327 million, the company is now more tightly integrated into the Chinese economy, chairman Brian Chang told BT.
  • Criminalisation: seafarers' bane and sea career deterrent
    THE increasing trend to 'criminalise' seafarers around the world has gone to the top of the list of shipping industry concerns in recent months.
  • Gulf tanker rates may rise with demand
    The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may rise for a second day as refineries accelerate vessel demand, strengthening owners' negotiating hands.
  • Mitsui leads rivals in surge
  • Shipshape

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Sched Netweb site
SEPTEMBER 23, 2008
  • Port Tracker sees 6pc drop at US main ports in 2008
  • Nanjing to hold China International Logistics Festival
  • Two 8,400-TEU Maersk ships named in Korea to fly Dutch flag
  • World containership orders fall 49pc, says Clarksons
  • Qatar gives nod to new 20-metre terminal at Vizhinjam
  • Viconship Saigon lists on Ho Chi Minh Stock Exchange
  • Fujitsu Siemens opts for rail China-Germany Eurasian Landbridge
  • Dar es Salaam Port charges increase, but congestion falls
  • Mobile [Alabama] Container Terminal to open this month
  • BA World Cargo cuts fuel surcharge to US$1.05
  • Alaska to retire old DC-6s - last of large pre-jet propeller aircraft
  • National Air Cargo throws party for US Navy at Thai liberty port

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Exim Indiaweb site
SEPTEMBER 23, 2008
  • Vijayan C. D'Souza to steer MANSA's course in 2008-10
  • Rising piracy may divert ships to Cape of Good Hope route
  • Shipbreakers fortunes sink with steel prices, global credit crunch
  • Seacon to have own office from next year
  • MSC augmenting capacity on Europe-S. Africa service
  • Zim puts 4,000-TEU ship into Tampa
  • INTTRA's volumes in Asia-Pacific region shoot up by 50 pc
  • APL monthly revenue 7 pc up, boxes rise by 10 pc
  • Rotterdam's Euromax Terminal opens
  • UAE's Gulftainer handles 9,700-TEU CMA CGM Orfeo
  • Panama Canal gets A2 rating from Moody's
  • Shenzhen's Yantian CT to build 4 mega container berths
  • UAE ports hike container handling fees
  • AADA to lower China, Hong Kong-Australia bunker surcharge
  • NYK's new German shipping hq opened
  • Kamal Nath seeks Spanish investments
  • Major Port at Andamans on Shipping Ministry's sonar
  • Omprakash Agrawal now at helm of BCHAA affairs
  • FFFAI invites candidates to apply for Young Entrepreneur award
  • Cement output down by 10.2 pc in August 2008
  • ECB norms to be eased soon
  • R. K. Sonthalia elected EPCES Chairman

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Maritime Global Netweb site
SEPTEMBER 22, 2008
  • Bahamas-flag vessel becomes unlucky 13
  • Estonian wage deal
  • ITF acts against 3 companies
  • CanShip Ugland fined

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Marine Logweb site
SEPTEMBER 22, 2008
  • Admiral to shipowners: Hire security teams!
  • Lindenau-Werft declares insolvency
  • Ulstein launches largest X-bow ship yet
  • Wärtsilä buys Singapore ship designer

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World Wide Shipperweb site
SEPTEMBER 22, 2008
  • Corps informs Port of Seattle that dredging violations resolved
  • Pierce County works with WSDOT to continue current ferry service
  • Customs returns artifacts to Mexican Consulate General
  • Schnitzer Steel buying Puerto Rican scrap firm
  • DOT plans projects to ease border congestion

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Lloyd's Listweb site
SEPTEMBER 22, 2008
  • Credit crisis claims Lindenau Werft
    KIEL-based shipbuilder with E225m orderbook files for insolvency after failing to secure refund guarantee.
  • Scrapping rates plunge in 'perfect storm'
    FALLING steel prices, currency weakness and difficulty accessing credit are squeezing breakers.

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Fairplayweb site
SEPTEMBER 22, 2008
  • Ten feeders for Arcade Acquisition
    NEW YORK-based Arcade Acquisition Corporation revealed today that it will spend $262M in a complex deal to acquire ten feeder box ships
  • Lanka to train engineer cadets
    SRI Lanka Ports Authority and national shipping line Ceylon Shipping Corp are to start a three-year programme to train engineering cadets to take advantage of the global crew shortage
  • Seafarer on oil dump charge
    ALLEGED fraudulent oil record keeping has landed a Spanish seafarer in trouble with US authorities, who say the crewman from the tanker Nautilus dumped oil at sea and failed to record it
  • Hagupit sinks cargo ship, strands many
    TYPHOON Hagupit has left thousands of ferry passengers in the Philippines stranded after authorities suspended the operations of passenger-cargo ships yesterday
  • Euro owners call for action on piracy
    THE EUROPEAN Community Shipowners' Associations (ECSA) has urged EU governments to do more to tackle piracy off the coast of Somalia
  • Ferries collide in Cebu port
    SULPICIO Lines-operated ro-pax Princess of the South was damaged this morning when it was struck by a departing ferry
  • Indonesians prepare ro-ros
    INDONESIAN authorities have prepared 29 ro-ro vessels for forthcoming celebrations

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The Journal of Commerceweb site
SEPTEMBER 22, 2008
  • West Coast box traffic weaker in August
    Another decline in containerized imports shows that the peak-shipping season in the trans-Pacific will be not much of a peak at all
  • ACE funding shortfall
  • NOL to bid for Hapag-LLoyd
  • TPM Asia: China still out front
  • LA-Long Beach to use stickers to ID clean trucks
  • South Carolina ports complete air emissions inventory
  • Tacoma volume declines
  • Arcade buys 10 ships
  • United States preparing to join Pacific trade group
  • Jebel Ali expands capacity
  • 4,000-TEU ship calls Tampa

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Containerisation Internationalweb site
SEPTEMBER 22, 2008
  • ESC 'excited' by ending of Europe's liner shipping exemption
  • Horizon cuts its debt
  • Panama Canal upgrades quayside infrastructure
  • SDV opens up in Argentina
  • ATA appeals against rebuff for LA and Long Beach injunction

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TradeWindsweb site
SEPTEMBER 22, 2008
  • Lindenau files
    German yard declares insolvency after running out of cash, despite having orders worth EUR 225m.
  • Fiery start
    SMM 2008 gets underway with a flourish, but are shipbuilders about to get burned?
  • Greeks US bound
    Arcade Acquisition Corp splashes $262m on 10 ships from Tsakos and Conbulk for new NYSE feedership company.
  • Serbia tries again
    Deadline extended for river shipper JRB's new privatisation, after Turkey's Palmali pulled out of previous sale.
  • Mistaken ship
    Vessel detained by USCG over oily water separator was not part of the Aeolos Management fleet.
  • Skuld scores
    Underwriting profit provides a lifebelt as P&I club's investment result sinks.
  • Andaman action
    Indian government considering scheme to found transhipment hub in Indian ocean island chain.
  • CanShip fined
    Ugland and Knutsen joint venture to pay up for fatal fire on Kometik tanker in Canada in 2006.
  • UECC expands
    NYK and Wallenius-owned car carrier player launches new transhipment link from Italy to Spain and France.
  • Cash call
    Canada's Davie Yards looking for partner to inject money as funds dry up due to rising costs.
  • Port to double
    Russian billionaire Vladimir Lisin's St Petersburg port to get $730m makeover by 2011.
  • Dof deal back on
    Private equity funds set stalled takeover of Dof Subsea by Helge Mogster's Dof back on track following tight credit concerns.
  • Joola justice?
    Six years on from African ferry sinking, huge row erupts between Senegal and France over prosecutions.
  • Equinox inks deal
    Company converting ferries into offshore accommodation vessels secures first charter.
  • Strike averted
    Unions and bosses at UK's Northwestern Shiprepairers clinch "above-inflation" pay deal to stop walk-out.
  • UAE stands firm
    Gulf nation to stick to IMO's first single-hulled tanker phase-out deadline of 2010.
  • Sulpicio smashed
    Philippines owner's ferry involved in incident with Aboitiz passenger vessel at Cebu City.
  • KSA urges action
    Korea Shipowners' Association backs calls for military action against Somali pirates.
  • Short-term fix
    Varouxakis-led bulker player ties up 26-year-old handysize for 40 days at above breakeven.

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American Shipperweb site
SEPTEMBER 22, 2008
  • Hapag-Lloyd bids expected this week, Widdows says chance of sale at 50%
  • Malta complications if France joins U.S. sanctions of IRISL
  • MacGREGOR to provide cranes for SE Shipping heavy-lift vessels
  • Ex-Im Bank to guarantee loans on Air India-Boeing deal
  • Fujitsu Siemens first block train customer for trans-Asia rail line
  • CN asks court to prod STB on Chicagoland rail deal
  • Kansas City Southern will challenge Mexican court decision
  • Back to basics for ACE
  • EPA to revise transborder hazardous waste rules to accommodate OECD
  • Global Insight to be acquired by IHS
  • USDA chief leads trade mission to CAFTA countries
  • USTDA to host customs workshop in Vietnam
  • DP World adds tandem-lift gantry cranes at Jebel Ali terminal 2
  • Singapore port authority gives $2.4 million for research

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 22, 2008
  • Growing demand for short cruises to St Ptersburg
    Royal Caribbean International will resume to use Stockholm as a turnaround port for short cruises in next summer. Next year's itinerary for the cruise vessel Vision of the Seas includes 15 sailings from Stockholm to Tallinn and St Petersburg. Royal ...
  • Dutch captain detained by Danish police
    The captain of the Dutch coaster Little Jane had to spend one night in detention at the police station in Helsingør during the weekend. He was arrested at sea by the Danish police, who had been alerted by a Swedish ...
  • Fjord Line drops Kristiansand service
    Fjord Line has decided to stop sailing from Hirtshals to Kristiansand and leave this trade to Color Line alone as from next weekend, when the sailing from Hanstholm will be terminated. The fast ferry service will be terminated for good ...

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The Bunker Bulletinweb site
SEPTEMBER 22, 2008
  • Hess adds to Ike relief
    Company donating to fund, following on from other oil corporation contributions.
  • Global bunker market report
  • European bunker prices leap higher
    Energy markets expect dollar price of oil products to firm.
  • High fuel costs 'benefit shipping'
    Soaring fuel costs underline the energy efficiency of maritime transport.
  • Regional markets competing for fuel oil cargoes
    Singapore traders say arbitrage volumes being diverted to Fujairah
  • Bunkers soar in volatile Asia markets
    Singapore sees price climb more than $40 in a single day.
  • Bunker testing agencies should help end 'confusion'
    Marine fuel consultant sees 'wrong practice' in taking MARPOL samples.
  • Losses mount for John Keells
    Sri Lanka-listed firm in financial troubles due to a bunker firm acquisition deal in 2002.
  • Dan-Bunkering takes new bunker trader
  • Goldman Sachs forecasts oil at $110
    Oil price forecast slashed for 2009 on slowing demand.

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