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27 September 2021 The on-line newspaper devoted to the world of transports 18:01 GMT+2

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The Business Timesweb site
APRIL 17, 2009
Shipping News
  • Sea Asia '09 returns with gusto
    Sea Asia 2009, Asia's premier maritime industry show, is returning with a bang despite the recession - with 60 per cent more exhibition space and 39 per cent more exhibitors compared to its last appearance in 2007.
  • Poised between low rates and scrapyard
    A plunge in supertanker rates to their lowest in at least 11 years will likely spur owners to scrap ships and cancel orders for new ones, according to Frontline Ltd, the world's largest operator of the carriers.
  • US to target assets of Somali pirates
    Secretary of State Hillary Rodham Clinton said on Wednesday the Obama administration will take the unusual step of trying to seize the financial assets and property of pirates while working with shippers to thwart hijackers off the coast of Somalia.

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Sched Netweb site
APRIL 17, 2009
  • HK March down 18.9pc to 1.3 million TEU, Singapore off 14.6pc
  • CKYH Alliance to pool resources, rationalise east-west routes
  • China Cosco, China Shipping stocks gain on back of export growth
  • HPH's Lazaro Cardenas braces for blockade by angry miners
  • Trade gap closes as US exports rise, imports fall: Global Insight
  • Construction begins on western China's largest logistics park
  • Rotterdam port first quarter box volume drops 16.8pc
  • Singapore sees 6-9pc downturn in exports, manufacturing in '09
  • Swire Shipping's 1,123-TEU ship hit by typhoon before Oz oil spill
  • Maersk launches probe to upgrade responses to piracy
  • Kenyan boxes up 5pc, but growth cut by violence, downturn
  • Cathay and Dragonair cargo declines 13.7pc in March
  • China Southern posts record 2008 loss of US$706 million
  • Hong Kong's AAT off 28pc in first quarter, but March brightens
  • Qantas cuts profit forecast, further 1,750 to lose jobs
  • Boeing to cut production of B777s by 28pc
  • Nippon, Korean, Asiana named in US price-fixing air freight probe

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Exim Indiaweb site
APRIL 17, 2009
  • TSA move for floor freight rate on Asia-US route
  • Int'l shipping service centre coming up at Shanghai
  • Countdown begins for Sea Asia 2009
  • New office-bearers of Kandla Ship Chandlers & Ship Repairers Owners' Assn for 2009-10
  • Exim India sets the record straight on Pescanova Shipping
  • Softlink signs on 15 clients in March, despite slowdown
  • Prodigious overseas appetite fires turmeric exports beyond target
  • Onion exports fetch 41 pc more in 2008-09
  • 59 pc surge in vegetable oil imports during Nov.-March
  • Car exports tear thru' depression
  • With global prices plunging, NMDC may defer iron ore exports
  • JNPT holds pre-bid meet on 4th box terminal
  • MPSEZL's ACT gets more muscle
  • KPT romps home with 'Major Port of the Year' award for 2008-09
  • Time ripe for increased investments in core sector projects-WB official
  • SEZ developers seek more time to complete projects
  • Now's the time for acquisitions abroad -Exim Bank chief
  • Former RBI chief sees economic recovery from July
  • Exim Bank seeks $60-m IFC fund to aid SMEs
  • Cut interest rates, restore pre-Dec '08 excise duties for 7.5 pc growth-Assocham

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International Transport Journalweb site
APRIL 15, 2009
  • AirBridgeCargo Airlines augments management in Frankfurt
    The Russian carrier AirBridgeCargo Airlines has expanded its management in Frankfurt. Stanislav Belov has been installed as deputy regional director Europe, Middle East and Africa ...
  • Ceva Logistics: CFO steps down
    The board of directors of Ceva Group plc, one of the world's leading providers of supply chain logistics services, has announced that the CFO, Stuart Young, has stepped down from h...
  • Night Star Express Honold attracts major new customer
    Night Star Express Honold took charge of spare parts logistics for the vehicle manufacturer BMW in southern Germany at the beginning of March. The contract foresees 50 t worth...
  • Panalpina celebrates opening of new office premises in Ho Chi Minh City
    Panalpina, the global forwarding and logistics service provider, has opened a new office in Ho Chi Minh City (Vietnam). Panalpina CEO Monika Ribar officially inaugurated the new lo...
  • WCA launches Dangerous Goods Logistics Alliance
    The WCA Family of Logistic Networks announced the launch of the Dangerous Goods Logistics Alliance (DGLA), a new, dedicated specialist network. The alliance was developed...
  • Rhenus establishes second subsidiary in Kazakhstan
    The Rhenus Group is strengthening its presence in Central Asia. It now has an additional subsidiary in Kazakhstan. TOO Rhenus Logistics is headquartered in Almaty. To beg...
  • Polet Airlines delivers runner for Bratskaya GES
    The Russian all-cargo carrier Polet Airlines Cargo completed the delivery of a runner for the Bratskaya GES power station on 14 April. The runner was manufactured by...

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Maritime Global Netweb site
APRIL 16, 2009
  • STX to build icebreakers for Caspian
  • Charterparty clause warning
  • Hellespont launches chemical tanker pool
  • Ballast water system approved
  • Braemar buys LPG Connect International

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Marine Logweb site
APRIL 16, 2009
  • Tidewater to build new PSV series
  • Pirate suspects sue German government
  • Intersleek 900 improves QM2 performance
  • ABS strengthens global engineering organization
  • STX Europe to build three icebreaker tugs
  • Clinton announces new U.S. steps to combat piracy

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World Wide Shipperweb site
APRIL 16, 2009
  • Schnitzer board elects pair of new members
  • MarAd has DOD funding for Port of Anchorage upgrades
  • Agencies work to clean sheen from overturned fishing vessel
  • Port Tracker report finds box volume at seven year low
  • CKYH Alliance member lines discuss future at summit meeting

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Lloyd's Listweb site
APRIL 16, 2009
  • Drewry says box carriers must cull fleet to survive
    FAILURE to take the bold steps required to eliminate unwanted containerships will drive some lines out of business.
  • NOL warns of $240m first quarter loss
  • Armada creditors ask court to appoint judicial managers
    COURT asked to probe if any assets were transferred after company filed for creditor protection.
  • Washington piracy plan 'lacks detail'
    INDUSTRY says secretary of state Hillary Clinton's four-point proposal is on right track but needs clarity.

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Fairplayweb site
APRIL 16, 2009
  • Armada battles creditor move
    ARMADA (Singapore) Pte. Ltd. has vowed to "fight resolutely" against a creditor group's bid to have judicial managers oversee its restructuring process
  • NOL warns of $240M in losses
    NEPTUNE Orient Lines warned the Singapore Exchange today that it now expects losses of $240M in the first quarter
  • US hopes to seize pirate assets
    THE OBAMA administration will try to seize the financial assets of Somali pirates and prosecute offenders, US Secretary of State Hillary Clinton said today
  • US piracy stance criticised
    SCEPTICISM has greeted some elements of US Secretary of State Hillary Clinton's latest policy proposals on piracy
  • Three killed in migrant boat blast
    AUSTRALIAN authorities are scrambling today to get more than 50 people to hospitals after an explosion and fire on an asylum seekers' boat off the northwestern coast
  • Armada overseers demanded
    CREDITORS indicated today to Fairplay that they have filed a motion in Singapore to have court-appointed judicial managers oversee bulk operator Armada during its restructuring
  • Samsun-Genco row ratchets up
    SAMSUN's receiver has threatened Genco's directors with personal arrest as the two companies spar over a charter dispute involving Genco Cavalier

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The Journal of Commerceweb site
APRIL 16, 2009
  • Yang Ming to Upgrade Asia-Med Express
  • Mexico Admitted to Canada Customs Program
  • Demand for Truck Parts to Grow
  • Long Beach Boxes Reach Five-Month High
  • USA Truck Loses on Low Volume
  • Good Friday Saps Rail Carloadings
  • Antwerp Cargo Plummets 19 Percent
  • OOCL Revenue Drops 31 Percent in 1Q
  • Truck Maker Navistar CFO Dies
  • Eurogate Traffic Drops at Key Terminals
  • Logiport Conference Eyes Infrastructure
  • Heartland Profit Withstands Trucking Downturn
  • TNT Expands Singapore Hub
  • Court Denies FMC Injunction in Clean-trucks Case
  • ANL to Cut Capacity
  • Japanese Lines Merge Two intra-Asia Loops
  • French Ports Reopen
  • Landstar Profit Falls 41 Percent

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Containerisation Internationalweb site
APRIL 16, 2009
  • Mixed signals from San Pedro Bay
  • Mombasa's growth stalled in 2008
  • Ocean carriers need to do more
  • Channel port blockade ends as French offer aid to fishermen

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TradeWindsweb site
APRIL 16, 2009
  • Magnificent seven
    Armada faces new threat as leading creditors team up to challenge plan to trade out of insolvency.
  • Armada to fight
    Beleaguered Singapore chartering group promises "resolute" opposition to supervision by judicial manager.
  • Skaugen steady
    Norway's IM Skaugen kept its nose above the break-even line and its newbuilding programme in place in the first quarter.
  • NOL fires warning
    Ron Widdows-led container giant will book a $240m first quarter loss with 2009 profit falling further than analysts feared.
  • Spat sours
    Trico Marine says election of Christen Sveaas and Age Korsvold as directors will bring little new to the table.
  • Gas guzzler
    Alan Marsh-led Braemar buys Scottish product broker to boost its LPG operation.
  • Sun, Tan shift
    Wong Weng Sun to be Sembcorp Marine's new chief executive as Tan Kwi Kin retires.
  • 'Pirates' sue
    The German government is being sued by alleged pirates to pay their legal costs.
  • Norden sells again
    Second supramax bulker sale sees Carsten Mortensen-led Dane bag $13m profit and alter EBIT forecast.
  • Fulford welcome
    Door is open for former Clarkson's CEO Richard Fulford-Smith (right) to attend upcoming AGM, broker says.
  • Trio scar GulfMark
    Bruce Streeter-led offshore owner books $46m charge after yard defaults on PSV newbuildings.
  • Tallink tanks
    Estonian owner seeks cut in personnel costs as spiralling interest and weak kroner treble first-half loss.
  • Qatar Nav down
    Net profit drops at Doha-based feedership and bulker owner but share price spikes a little.
  • STX inks icy trio
    European shipbuilding group wins deal to build three icebreakers for Kazakhstan worth $112m.
  • Uni-Asia soars
    Shares in Japanese ship financier jump after it asks Kanasashi for newbuilding deposits back.
  • OOCL in dire start
    More doom and gloom in the liner sector as Hong Kong operator reports falling revenues and cargo.
  • US ups the ante
    US Secretary of State Hillary Clinton announces details of new broader counter-piracy strategy.
  • Little impact
    SembCorp says Petroprod financial problems will have little impact on rig and FPSO orders.

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American Shipperweb site
APRIL 16, 2009
  • Clinton announces U.S. anti-piracy initiative
  • French capture pirates
  • Japanese lines to merge Japan/Jakarta shuttle
  • CSX sees profit drop 30%
  • Judge denies FMC bid to enjoin clean truck plans
  • Report: Retail container imports at 7-year low
  • Maryland asks for Seagirt bids

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The Scandinavian Shipping Gazetteweb site
APRIL 16, 2009
  • STX Europe to build three icebreakers
    STX Norway Offshore AS ' a wholly owned subsidiary of STX Europe ' has signed a contract to build three icebreaker tugs for JSC Circle Marine Invest. The vessels will be operated
  • Baltic Queen delivered
    On April 16, 2009, STX Europe Rauma Shipyard delivered the cruise ferry Baltic Queen to Tallink. The ferry is worth EUR 180 million and will begin sailing between Stockholm and
  • Three Norwegian cement carriers to be recycled in Denmark
    Three Norwegian-controlled cement carriers have been sold for recycling to two Danish shipbreakers. The Danish shipbreaker Smedegaarden, located in Esbjerg, has purchased two cement carriers from Kristian Gerhard Jebsen
  • Eleven suspected pirates arrested
    The French frigate Nivose, engaged in the EU anti-piracy operation Atalanta, captured eleven suspected pirates together with their mother ship and two skiffs in the Indian Ocean on Wednesday
  • Agreement about post-delivery financing for Oasis of the Seas
    Royal Caribbean Cruises Ltd, BNP Paribas, SEB, Nordea, Finnvera and Finnish Export Credit Ltd have agreed on the post-delivery financing of the cruise vessel Oasis of the Seas. Finnvera
  • Sharp drop for Japanese shipbuilders
    A dramatic fall ' the Japanese export ship orders fell 46.8 percent in the 2008 fiscal year (ending on March 31, 2009). This is the largest decline since 1992, according
  • No supplementary call for Swedish Club members
    The Swedish Club has decided not to pursue a supplementary call for the P&I policy year 2008/2009. In December last year, the club decided on supplementary calls of
  • Finnlines expects negative first quarter
    Finnlines expects a loss of EUR 25'30 million for the first quarter of 2009, Finnlines Plc states in a stock exchange release. The company is trying to adjust capacity
  • P&I Club warns for more stowaways
    The number of stowaways has declined steadily in recent years, not least due to the introduction of the ISPS Code. Now it seems that this trend has been broken. The
  • Tallinn plan for housing in Paljassaare harbour
    Tallinn city council is planning the construction of 96 residential and commercial buildings in Paljassaare harbour. The plan concerns 31 hectares on the Paljassaare peninsula and the whole port, where

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The Bunker Bulletinweb site
APRIL 16, 2009
  • Trawler collides with bulk carrier
    Diesel fuel spill off of Australia's Northern Territory.
  • Europe: Prices mixed in key ports
    Piraeus bunker market closing for Greek orthodox Easter holidays.
  • Tallink loss deepens
    Says reduction in fuel cost 'will be more visible' towards the end of its financial year.
  • Trinidad and Tobago supplier revises barge fees
    Ventrin announcing revised schedule of charges.
  • Asia: Prices climb in key ports
    Bunker prices holding firm on Thursday.
  • Singapore residual fuel stocks at 7-week low
    Stocks of middle distillates also fell in the week ended April 15.
  • Singapore Maritime Week seeks 'opportunities amid the storm'
    Event to discuss current maritime strategies for weathering the downturn and positioning for the upturn.
  • Damaged tanker averted oil spill
    Tanker carrying 4,500 tonnes of diesel oil out of danger.
  • China, Hong Kong bunker sales could reach 30 million mt
    Estimates for combined sales from the two near 15 million mt in 2008.

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