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26 September 2021 The on-line newspaper devoted to the world of transports 02:08 GMT+2

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The Business Timesweb site
SEPTEMBER 30, 2008
Shipping News
  • Tianjin Port may miss 2009 growth target
    Tianjin Port (Group) Co, the operator of northern China's busiest harbour, may miss its growth target next year as a global economic slowdown damps demand for Chinese-made goods overseas. 'The first half of next year is going to be the most difficult period,' chairman Yu Rumin said in a Sept 27 interview. 'Container traffic related to exports will be hurt the most.'
  • Credit crunch a threat to shipping players
    The credit crunch is sucking liquidity out of global trade and the shipping business, leaving cargoes stranded on docks and threatening to bring down shipyards and ship owners alike, the top executive of Excel Maritime Carriers Ltd said last Friday.
  • Exxon to invite bids for supply of PNG LNG tankers
    Exxon Mobil Corp, operator of a planned US$11 billion liquefied natural gas project in Papua New Guinea, said it will invite shipyards and vessel owners to take part in a tender for the supply of tankers to transport the fuel.
  • Mitsui OSK falls as Baltic Index dips
  • Hijacked ship's captain dies off Somalia

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Sched Netweb site
SEPTEMBER 30, 2008
  • Shenzhen's YICT and Sinotrans link to offer barge-rail service
  • Downturn hurts, but Asia Pacific safest harbour in a storm
  • Cosco joins Xinjiang in logistics parks construction
  • APL again calls for proactive response to shipping slump
  • Tianjin and Rizhao ports beat the economic downturn odds
  • Somali pirates capture shipload of 30 Russian tanks
  • Cochin port container trailer workers end strike
  • Qatar freight transport to grow 8pc a year to 2011
  • Georgia poultry farmers support Savannah harbour deepening
  • Japan Air to reduce cargo to US in 2009: report
  • SAS Cargo to bolster sales presence in Germany
  • Boeing lands seven eco 777 buyers, cutting CO2

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Exim Indiaweb site
SEPTEMBER 30, 2008
  • CMA CGM reshuffles Asia-West Med services
  • CMA CGM & FESCO start new feeder service from Hamburg to St. Petersburg
  • AADA predates peak season surcharge
  • Two 8,400-TEU Maersk ships named in Korea to fly Dutch flag
  • Extra capacity added to China-Japan regional trade
  • APL chief calls for action to counter shipping downturn
  • Super post-Panamax cranes the order of the day
  • Germanischer Lloyd & China Ship Fund sign pact for tankers & bulk carriers
  • Hanjin Shipping extends Thailand feeder network
  • MOL to sail past H1 profit target
  • Nuoyang launches Sino-Japan service
  • PSX service calls at Da Chan Bay
  • Few takers for new boxships with slump in charter & freight rates
  • 2-day maritime event opens today
  • 3-month ban on dairy products from China
  • KPT invites EoIs to develop Vadinar facilities on PPP basis
  • Ports poised to acquire foreign skills & expertise
  • NM Port posts new record in handling iron ore fines
  • Neptune Containers completes decade in logistics industry
  • CMA CGM launches New NEMO service with Chennai call
  • India 2nd preferred FDI destination
  • Business mood low, notes NCAER study
  • European investors prefer India to China-EUTC
  • India ranked 70th in economic freedom index
  • India remains 2nd most-preferred investment destination, avers UNCTAD
  • Perishables cargo complex opened at Kolkata airport
  • BCHAA Annual General Meeting-New President, Omprakash Agrawal, sets out his priorities
  • MMTC, NMDC to quote higher prices on ore contracts with Japan & Korean firms

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International Transport Journalweb site
SEPTEMBER 29, 2008
  • Air France-KLM: Spinetta hands over CEO position to Pierre-Henri Gourgeon
  • New chairman for the Central Commission for Navigation on the Rhine
  • New feeder service started by CMA CGM and Fesco
  • American Airlines to fly to three new destinations
  • Woodland wants Manchester freight plan to take off

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Maritime Global Netweb site
SEPTEMBER 29, 2008
  • Piracy - releases start but another tanker seized
  • India ponders sending warship to Gulf of Aden
  • GL classes Bangladeshi newbuildings
  • Chemoil in Indian JV

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Marine Logweb site
SEPTEMBER 29, 2008
  • WSF to sell Steel Electrics for Scrap

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World Wide Shipperweb site
SEPTEMBER 29, 2008
  • NOL makes binding offer for Hapag-Lloyd box business
  • Sperry Marine supplying bridge systems for new tankers
  • Trucking firm's Portland office helps employees in long run
  • Coast Guard taps Bollinger for new Fast Response Cutter
  • Crowley extends lease for Puerto Rican terminal

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Lloyd's Listweb site
SEPTEMBER 29, 2008
  • Fain sees cruise's silver lining
    ROYAL Caribbean's chief Richard Fain remains upbeat about the outlook for cruising in the current economic climate.

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Fairplayweb site
SEPTEMBER 29, 2008
  • US market meltdown
    AMERICA'S stock market suffered a historic plunge Monday after the US House of Representatives failed to pass the bailout package, with the Dow dropping a record 777 points
  • Tigers blamed for port bomb
    TWO PEOPLE were wounded by a small bomb that exploded today in the Sri Lankan capital Colombo, yards away from one of the gates to Colombo port
  • Did hijackers have inside help?
    A MYSTERY grew today as to whether pirates who hijacked a Ukrainian ro-ro last week might have had prior knowledge about the ship's cargo of battle tanks ' and help in seizing the vessel
  • Car importers fear weak real
    BRAZIL'S car importers are worried that the weakening real could cause a fall-off in the booming sector
  • Eight missing in Black Sea
    EIGHT seafarers were feared drowned today following the sinking of the North Korea-flagged Ukrainian general cargo ship Tolstoy in the Black Sea off Bulgaria

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The Journal of Commerceweb site
SEPTEMBER 29, 2008
  • NOL confirms bid for Hapag-Lloyd
    Singapore's Neptune Orient Lines confirms it has submitted a binding bid to acquire the Hapag-Lloyd container shipping business.
  • Second bill proposes national container fee
  • Brazil warns on Doha delays
  • Senate passes Marad funding authorization
  • APM appoints Mitchell
  • Marseilles boxes fall
  • JAL drops NY freighters
  • Konecranes gets order for Surabaya terminal
  • India, EU see trade pact
  • Martinair increases capacity from Bogota and Quito
  • Crowley Maritime Corp. extends Puerto Rico lease

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Containerisation Internationalweb site
SEPTEMBER 29, 2008
  • SCCT signs up for eight more cranes
  • Taiwan's ports reopen after Jangmi
  • China, Taiwan direct trade approval anticipated
  • Efficiency and ship operating cost-effectiveness: major topics at SMM
  • NOL shares down 6% after confirmed bid for Hapag

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TradeWindsweb site
SEPTEMBER 29, 2008
  • Markets plummet
    After House votes down bailout plan, more than 30 US-listed shipping and offshore stocks see double-digit percentage point drops.
  • Designs on clients
    At the Indian Shipping Summit, Pipavav Shipyard boss expects new customers for new designs in the coming months.
  • Investors bail
    Despite bailout deal forged in Washington, US shipping stocks join in a Wall Street plunge Monday.
  • 'Dismayed'
    Shipping and labour groups issue joint bashing of Coalition Task Force protecting Gulf of Aden.
  • Blast hurts three
    An explosion rocks a Venezuelan asphalt carrier off Curacao, burning three workers.
  • Third Greek seized
    Fate of 19 crew onboard Liberia-flagged chemical tanker hijacked in Gulf of Aden unknown.
  • Paper ships sale
    Sweden's Rederi AB Transatlantic looking to offload cross-Atlantic paper-cargo trading division.
  • Chemoil in India
    Singapore bunker supplier preps expansion into India with Adani venture.
  • 'We want $26m'
    Atle Jacobsen-led Wavefield files compensation claim against TGS-Nopec as merger fall-out sours further.
  • Soros doubles up
    Hedge fund magnate swoops to take his holding in Global Ship Lease to more than a fifth.
  • Greek ship death
    Indian seafarer dies and Filipino injured following incident on Greek capesize at weekend.
  • Troublesome trio
    Canada holds two bulkers and a boxship in August, for deficiencies relating to oil filtering and safety.
  • Five-year plan
    Azerbaijan mulling order for 14 new tankers and six ferries up to 2012.
  • Ship 'splits in two'
    Eight crew missing, two saved as North Korea-flagged ship breaks apart and sinks in Black Sea.
  • Stella still held
    Japanese manager of supramax Stella Maris seized off Somalia says it is not free but negotiations are ongoing.
  • Shocking
    Power shortages threatening to affect container handling at JNPT in India.
  • Veterans vanish
    Washington state's four 1920s-built Steel Electric ferries finally sold for scrap into Mexico.
  • Ice Maiden melts
    UK repair A&P Group looks to have lost out on $55m conversion deal after owner goes bust.
  • No leak
    Divers find container of toxic endosulfan intact in wreck of Princess of the Stars.
  • Lie in waiting
    Siem Offshore controller Dagfinn Lie will step up to fill void created by Oskar Mykland's resignation.
  • Ballin's bid?
    Report suggests German consortium has offered EUR 4bn for Hapag-Lloyd as it seeks to trump NOL.
  • Bollinger bonanza
    US shipbuilder wins 34-ship patrol vessel deal from US Coast Guard that could be worth $1.5bn.
  • Songa on move
    Offshore player bags $30m deal which will see Songa Saturn upgraded en route from Libya to Equatorial Guinea.
  • New Suez record
    Revenues continue to rise at Egyptian canal, with August bringing in $504.4m.
  • NOL goes firm
    Singapore liner operator confirms that it has made a binding bid for Hapag-Lloyd

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American Shipperweb site
SEPTEMBER 29, 2008
  • Hamburg investor group, NOL bid for Hapag-Lloyd
  • Widdows to chair WSC, Box Club extends Adrion
  • Bill proposes national container fee
  • Congress seeks to end 19th century regulation of marine salvors
  • GL to classify two more vessels from Bangladeshi shipbuilder
  • JAL trims cargo service, warns of domestic strike
  • United ditches Anchorage service
  • Coyne Airways appoints Griffin as U.K. sales manager
  • Stimulus bill includes $30 billion for infrastructure
  • Hours of service lifted for relief efforts
  • Senate approves $42 billion for DHS
  • BIS issues guidance on Iran re-export issues
  • Bush administration wants Bolivia out of ATPA
  • Agility continues Chinese expansion
  • Foret to head CBP ag inspections
  • JNPT planning private dredging finance, new mega-terminal
  • SoCal ports give motor carriers primer on truck plan
  • Potential knock-on effect of NOL-Hapag merger
  • Chemoil, Adani Group form venture for marine fuel in Mundra
  • ILWU opposes California container fee
  • APM Terminals names Mitchell chief commercial officer
  • Seattle port to negotiate for East Corridor freight operations

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The Scandinavian Shipping Gazetteweb site
SEPTEMBER 29, 2008
  • German bid for Hapag-Lloyd
    A German consortia has filed a binding offer for the world's fifth largest liner operator Hapag-Lloyd. The consortia is led by M.M Warburg, but no financial details have been released. Other investors are the city of Hamburg, HSH Nordbank ...
  • Pirates demand USD 20 million in ransom for ro-ro
    The Ukrainian Belize-flagged ro-ro vessel Faina (ex Vallmo, built in 1978 at L'd'se for the OT Group) carrying 33 Soviet built T-72 tanks, other weapons and spare parts for armoured vehicles was hijacked on Thursday. Now the ...

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The Bunker Bulletinweb site
SEPTEMBER 29, 2008
  • Bunker prices threaten Canadian lifestyle
    Residents concerned after fuel prices rise by 40%, resulting in increased fuel surcharges.
  • Oil spill bills 'ill-advised'
    Industry association telling Bunkerworld of concerns with proposed new California laws.
  • ARA price fall tempered by tight market
    Steep drop in crude prices not reflected in European fuel oil values on Monday.
  • Global bunker market report
  • Taiwanese fuel oil cargo sold at steep discount
    Regional bunker demand is strong, but market for utility grade product 'poor'.
  • Asian bunker prices softening
    South Korea sees 380 cst product down by $11.50 pmt.
  • S&P downbeat on marine sector
    Fuel price volatility expected to continue while market conditions could undermine shipping rates.
  • Chemoil announces joint venture in India
    Global supplier teams up with Adani in bid to 'realise vast, untapped potential' of India's bunker market.
  • Indian refiners offer October cargoes
    A total of 80,000 mt of 380 cst fuel oil are up for offer.
  • Rotterdam barges tight this month
  • IOC puts off sale of bonded 380 cst
    No clear date for product launch at Chennai port.

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