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26 September 2021 The on-line newspaper devoted to the world of transports 04:42 GMT+2

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The Business Timesweb site
APRIL 8, 2009
Shipping News
  • Drydocks looks beyond offshore marine sector
    SHIPYARD giant Drydocks World-SE Asia is looking for business beyond the offshore and marine sector to keep its four yards busy, says chief executive Denis Welch.
  • Bulk shipping rates to dip further: Nomura
    Commodity shipping rates will fall 74 per cent this year and drop further in 2010 because of weakening demand growth and expanding fleets, Nomura Holdings Inc said.
  • Shanghai shipping traffic rises on economic stimulus
    Shanghai, home to the world's second-largest container port, said international shipping through the city rose for the first time in seven months as the government's economic stimulus plan attracted more vessels.
  • Somali piracy still raging
  • How third-party ship managers are coping with the financial crisis

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Sched Netweb site
APRIL 8, 2009
  • Zim vessel attacked, pirates hold German containership
  • Chongqing Port January box volume shot 98pc over December
  • Fuzhou Port aims at throughput target of 1.3 million TEU
  • US Congress shifts away from 100pc container screening
  • Great Lakes port looks to box feeders from Montreal, Canada east coast
  • IMO discusses piracy, encourages seafarer training
  • US freight shipment index falls 22pc in March
  • SIA Cargo offers weekly freighter service through Dhaka
  • Air France-KLM scheme may put born-again Alitalia back into cargo
  • Turkish Airlines joins Cargo 2000 Quality Group

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Exim Indiaweb site
APRIL 8, 2009
  • Restoring credibility through a new Bill of Lading system
  • GE Shipping takes delivery of Jag Amisha
  • DHL sharpens focus on India-UK trade lane
  • Allcargo Chennai to route Canada East Coast LCL shipments via Tuticorin
  • Wan Hai vessels of CSG service start calling at Mundra Port's ACT
  • Maritime industry will steer global economy out of mire-Governor
  • OSL establishes national handling record at Vizag
  • Charles Menkhorst comes on board APM Terminals
  • JNPT mulling dredging SPV with lessees
  • Chennai Port handles 57.49 m tonnes in 2008-09
  • JNP retains 24th rank among Top 100 Container Ports in the world
  • MoS earmarks Rs 20K cr. for 14 port projects in 2009-10
  • Super phosphate discharge record set at Vizag Port
  • Expenditure monitoring keeps Tuticorin Port in black
  • Forex reserves drop by $ 1,500 million last week
  • Pillai reckons March exports at $ 12-14 bn

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International Transport Journalweb site
APRIL 6, 2009
  • Port of Tacoma continues support for environment protection
    The Port of Tacoma is continuing to support efforts to reduce diesel emissions in the Puget Sound region and has lauded voluntary environmental stewardship of ocean carriers and au...
  • SDV Logistics opens new refrigerated warehouse in France
    The French logistics company SDV Logistics, which is part of the Bollor' group, recently started operations in a new temperature-controlled warehouse in Rungis near Paris. The 6,00...
  • TNT and Con-way Freight join forces
    The Dutch post and express service provider TNT and the US freight forwarder Con-way Freight have agreed to collaborate in the transportation of airfreight consignments weighing mo...
  • Weiss-R'hlig opens Thai office
    The Austrian logistics service provider Gebr'der Weiss is investing in Thailand, having founded a joint venture in Bangkok together with its partner R'hlig. East-West Logistics, GW...
  • Massive capital increase for EIB
    The European Investment Bank (EIB) has approved a EUR 67 billion capital increase, which brings the bank's capital to EUR 232.4 billion. The capital increase was originally planned...
  • Trade Tech and Chubb group add marine insurance option
    Washington-based Trade Tech, a major supplier of web-based supply chain and transportation applications, has entered into a partnership with the Chubb Group of Insurance Companies ...
  • APM Terminals cites African progress at World Bank
    Hans-Ole Madsen, APM Terminals' regional vice-president for business development for Africa, the Middle East and India, discussed the progress made in Africa thanks to increased tr...

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Maritime Global Netweb site
APRIL 7, 2009
  • "Only scrubbers will meet PM new limits", says EGCSA
  • Frontline charter extensions
  • Consultores De Navegacion to pay $2.5m
  • Dye rules out liner shipping changes, for now

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Marine Logweb site
APRIL 7, 2009
  • Gates destroyer proposals a prepackaged deal?
  • Attacks prompt new piracy advisory
  • $2.5 million fine in pollution case
  • Jurong to complete first SeaDragon semi
  • Novel way to shorten ship

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World Wide Shipperweb site
APRIL 7, 2009
  • Lower diesel emissions target of Port of Tacoma plans
  • BNSF efforts bring about transit time reductions
  • Trucking association releases long haul safety publication
  • Mitsui brings online new safety scheme
  • Marcon acts as broker in ASD tug transaction

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Lloyd's Listweb site
APRIL 7, 2009
  • Hapag-Lloyd plans to shed UK jobs
    HAPAG-Lloyd is planning to outsource its UK documentation offices to its global service centres in India and China.
  • CMA CGM in $600m cost-cutting drive as profits slide
    FRENCH box line plans to cut operating costs by $600m in 2009 following a sharp slide in 2008 profits.

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Fairplayweb site
APRIL 7, 2009
  • Saadé sees box consolidation
    CONTAINER shipping is particularly ripe for consolidation, CMA CGM's boss said today in reporting a fall in net profits
  • Rio Tinto Alcan cuts jobs
    RIO TINTO Alcan plans to cut more than 700 employee and contractor jobs
  • Maersk raises rates
    MAERSK Line announced a general rate increase today on many routes to the Middle East and South Asia
  • Beijing stimulus seen aiding ports
    CHINA'S ports stand to benefit from investments by the government to prop up the economy, shipping leaders have told Fairplay
  • Chávez finds new funds in Japan
    LNG PROJECTS in Venezuela will receive $10Bn of Japanese investments in the next five years, President Hugo Chávez said today
  • Russians play down ship seizure
    A RUSSIAN company whose subsidiary owns a ship under arrest in Georgia told Fairplay today it has no information about why the vessel strayed into a no-go zone
  • Yet another wound for CSAV
    CHILE'S CSAV got yet more bad news when another ratings agency graded down shares in the Valparaiso group

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The Journal of Commerceweb site
APRIL 7, 2009
  • YRC Truck Tonnage Plunges
  • Europe's Air Cargo Dives 21 Percent
  • Canada Disputes U.S. Import Tax on Lumber
  • Canada Warns of GM, Chrysler Bankruptcy
  • Mulvey Eyes Change in STB's Emphasis
  • ZIM Line Expands With GT Nexus
  • Cargo 2000 Certifies Etihad Crystal Cargo
  • WTO's Lamy: Doha Deal Still Within Sight
  • Liability Award Slams C.H. Robinson
  • CMA CGM Profit Plunged 87 Percent in 2008
  • Association Executive Salaries Rise
  • Mulvey Seeks Fix to Costing Gauge
  • Deutsche Post/DHL Seeks Royal Mail Stake
  • Holiday Hours at Charleston
  • Deutsche Bank, INTTRA Launch Partnership
  • Oracle Upgrades Transportation Management
  • Air France-KLM Cargo Tumbled in March
  • Lawmaker Proposes Restricting Bridge Funds
  • S&P Takes KCS off Watch List
  • Truckers to DOT: Mexican Trucks OK
  • APM Terminals Names Regional Chief
  • Maersk Hikes Some Europe Rates
  • The Coast Is Clear
  • Canada and U.S. to Renew Joint Clearance Talks

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Containerisation Internationalweb site
APRIL 7, 2009
  • Hanjin renews GT Nexus deal
  • P&O acquires Dutch forwarder
  • Bollore Africa Logistics invests at Abidjan
  • Projected fleet growth set to decline
  • China's PMI in recovery mode

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TradeWindsweb site
APRIL 7, 2009
  • Casualty file
    Another pirate frenzy and the search for helicopter crash victims lead WebTV's weekly roundup of casualty stories.
  • CMB bags $16m
    Parent of Belgium's Bocimar acknowledges deal to sell capesize Mineral Viking for $15.6m gain.
  • NCL loss grows
    Norwegian Cruise Line posts $211m in quarterly losses, reveals debt refinancing and sees strong 2009 bookings.
  • Curacao crash
    One injured after US-managed ro-ro Sloman Rover collides with two tugs at Anna Bay.
  • 'No delivery delay'
    Frank Del Rio-led Oceania Cruises knocks back talk of delivery delay for second $500m Fincantieri newbuilding.
  • More inventory
    Chinese iron ore inventories continue to build, which could "keep a lid" on dry-bulk rates.
  • Genmar upgraded
    JP Morgan analyst says those who doubt General Maritime's dividend potential are "missing the boat."
  • Nexus finds work
    But Anders Holm-led firm faces 'substantial financial restructuring' if it is to meet terms of new Premier Oil deal.
  • Out of pocket
    Gabriel Panayotides-led Excel Maritime to lose $6m following liquidation of blank-cheque outfit, Oceanaut.
  • Order talks on
    Carsten Mortensen-led Norden 'in constructive dialogue' with yards over delays or conversions, cancellations not ruled out.
  • Swan song
    Tyneside skyline changes as last Swan Hunter cranes are shipped to Bharati Shipyard in India.
  • Finnish failure
    Offshore and icebreaking group Finstaship plunges to loss in 2008 as markets weaken.
  • Another rise
    Maersk goes for fourth rate rise in two weeks due to "unsustainable" levels from Europe to Middle East, Asia.
  • Rio axes jobs
    Sharp fall in demand and prices forces Australian unit of miner Rio Tinto to cut 700 jobs and production.
  • Buyers balk
    Ship scrapping slows after steel prices fall, but supply of old vessels still strong.
  • Loksa lay-offs
    AP Moller-Maersk's Estonian shipyard planning up to 90 redundancies among Ukrainian and domestic workers.
  • What a Trooper!
    Papachristidis-owned tanker Hellespont Trooper called to rescue shipwrecked Italians in Pacific.
  • Ramp run-in
    Irish Ferries ship suffers bow door damage after docking mishap in France.
  • Russians raided
    Armed Georgian coast guards board Russian cargoship over navigational violations.
  • Rickmers rate rise
    One of Singapore business trust's ten banks invokes a market disruption clause in loan terms.
  • Spain owner fined
    Consultores De Navegacion agrees $2.5m fine after being caught dumping oily waste in US.
  • Alam fixes AHTS
    Malaysian offshore operator ties up anchor handler for up to one year to unnamed oil major.

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American Shipperweb site
APRIL 7, 2009
  • CSAV downgraded by S&P again
  • Maersk plans GRI for Europe to Mideast, South Asia
  • INTTRA, Deutsche Bank offer invoice, payment product
  • Southern African nations get road, rail funds
  • "10+2" filings late 70% of time
  • JSC head explains decision to shut down
  • WTO ruling on China IPR no end to matter
  • ATA seeks injunction against SoCal truck plan
  • S.C. ports names McClintock to new post
  • New Africa, Mideast, India head for APMT

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The Scandinavian Shipping Gazetteweb site
APRIL 7, 2009
  • Finnlines ro-pax vessels change trades
    Finnlines continues to redeploy tonnage due to the changed market situation. The large ro-pax ferry Europalink will be transferred from Nordö Link to Finnlines' service between Helsinki and Travemünde
  • Close to one million passengers on Riga route
    By the end of March, a total of 920,900 passengers had travelled on Tallink's ferries on the Stockholm ' Riga service that celebrates its third anniversary. During this time, the ferries
  • Slight downturn in the passenger traffic to Sweden
    Statistics from Passenger Shipping Association in Sweden shows that the financial crisis has only slightly decreased the number of passengers on the ferries sailing to and from Sweden or in
  • 318 helicopter rescue operations in 2008
    The Danish airborne rescue service was called out 318 times in 2008. All told the rescue helicopters were alerted in 825 operations, but 507 operations did not relate to any
  • New ferry service Gotland ' Saaremaa?
    A test trip for a possible connection between the Swedish island of Gotland and the Estonian island of Saaremaa ('sel) may be carried out this summer. Renno Tammleht, managing director

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The Bunker Bulletinweb site
APRIL 7, 2009
  • Europe: Bunker markets volatile
    Rotterdam prices softening.
  • Refiner to return to normal operations
    Turnaround at Singapore refinery blamed for bunker shortages in Hong Kong.
  • Shipping downturn could last beyond 2025
    Projected fleet supply outpacing demand growth for many years to come, leaving market fragile.
  • Hong Kong group posts shipping loss
    Group profit down by 90% as shipping division returns loss following 42% increase in fuel costs.
  • ECA proposal 'boosts' prospects for scrubbers
    Plans from US and Canada for reducing harmful emissions will be difficult to meet by switching to low sulphur bunker fuel.
  • Asian: Singapore prices fall from five month high
    But prices in other ports still firming.
  • Singapore suppliers' contract dispute continues
    $12 million cargo dispute subject to arbitration in Singapore after US court rules it is not a maritime claim.
  • Aramco sells 380 cst cargo, offers 180 cst parcel
    Latest tender for 180 cst fuel is the refiner's eighth lot in a month.

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