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26 September 2021 The on-line newspaper devoted to the world of transports 06:02 GMT+2

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The Business Timesweb site
APRIL 20, 2009
Shipping News
  • Piracy pushing up cost of business
    Pirate raids on shipping off East Africa have already pushed up insurance and business costs, and threaten greater harm to trade if the tactics are copied elsewhere, Munich Re said last Friday.
  • Pirates release crew, take off with tug, barge in S China Sea
    The Singapore-registered tugboat and barge pair Prospaq T1 and Prospaq B1 respectively have become the latest victims in what appears to be a rising trend of piracy cases in regional waters as the economic downturn drags on.
  • Charity regatta kicks off S'pore Maritime Week
    Singapore Maritime Week 2009 kicked off to an appropriately nautical start with a charity event, the Singapore Maritime Week Regatta, that was flagged off by Second Minister for Finance and Transport Lim Hwee Hua at Raffles Marina on Saturday.

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Sched Netweb site
APRIL 20, 2009
  • Xiamen-Manila shipping line launched by Korea's Cohueng Marine
  • Guangzhou port throughput down 14pc in first two months
  • Long Beach losses shrink, enjoys best month since November
  • China Shipping to increase investment in Shanghai
  • Three Gulf of Tonkin ports unified as one, 'Beibu Gulf Port'
  • US Federal Court denies injunction against clean truck scheme
  • NOL chief Ron Widdows volunteers 20pc pay cut
  • Ocean carriers must do more to cut capacity: Drewry
  • MSC adds Kaliningrad, Norrkoping port calls to Baltic feeder
  • Kuehne + Nagel to manage Agrati inventory in Italy
  • SIA posts 18pc cargo drop, 21pc fewer passengers in March
  • TNT opens US$13.3 million Singapore Changi air-road hub
  • Aeroflot-Cargo starts Frankfurt-St Petersburg service
  • Air cargo operator holds Heathrow study session for customs

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Exim Indiaweb site
APRIL 20, 2009
  • CSeatech Shipping accomplishes another mammoth feat
  • SCI & MSC to jointly operate ISE service from May 16
  • Mercator to concentrate on dredging, coal mining
  • Reinforced cost competitiveness imperative-MOL chief
  • Shipping firms scrambling for kidnap-ransom cover
  • Low rates may drive supertankers to scrapyard
  • EU's policy of thwarting farm trade criticised at WTO
  • Dumping duties imposed on sodium hydrosulphite from Germany & Korea
  • Mock drill, competitions mark National Fire Services Day at Mundra Port
  • HI-Cube double-stack box train makes grand entry into Mundra Port
  • Moves afoot to bring all ports under TAMP's tariff regime
  • Revamped JNCH website provides wider range of services to ex-im trade
  • New FTP may take shape by July & be juxtaposed with GST from April 2010
  • Inflation rate falls to 0.18 pc
  • Ficci speaks up for exporters
  • Independent monitor for PPP projects on anvil
  • Fieo chief A. Sakthivel honoured with Padma Shri Award
  • World investors' meet planned in Kochi

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International Transport Journalweb site
APRIL 16, 2009
  • Österreichische Post wins contract from Hermes
    The Austrian postal service provider Österreichische Post has closed a major deal with its competitor Hermes to deliver parcels to end customers. However, the Austrian state-owned ...
  • BMW selects Ceva Logistics
    The logistics service provider Ceva Logistics has been awarded a new contract for the management of warehouse operations for the German car manufacturer BMW. The contract applies t...
  • Rangel enters pharmaceutical logistics field
    The Portuguese forwarding and logistics corporation Rangel Group, established in 1980, recently expanded its already broad portfolio of services to include pharmaceutical logi...
  • SIL Barcelona: Pre-Register for free without waiting in line
    Attending the SIL Barcelona is easier than ever before, as you can pre-register for free without waiting in line. The organizers of SIL and ITJ Logistics Worldwide invite...

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Maritime Global Netweb site
APRIL 17, 2009
  • French fishermen's Channel danger stunt
  • STX's Saint-Nazaire yard wins French Navy order
  • Singapore set for Maritime Week
  • Multraship and Mammoet complete Croatian clean-up

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Marine Logweb site
APRIL 17, 2009
  • Dry bulk shares rise

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World Wide Shipperweb site
APRIL 17, 2009
  • Maersk, CMA CGM to begin Port of Seattle calls in June
  • US rail freight traffic continues slide during week
  • Webb Institute name pair as Crowley scholars for 2009-2100
  • Longview Port Commissioners seek bids on sand removal work
  • K Line joining TSK in joint Japan/Jakarta service

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Lloyd's Listweb site
APRIL 17, 2009
  • Tanker rates collapse
    EARNINGS dramatically plunge across all tanker types in both dirty and clean trades
  • Tanker market faces worse slump than first thought
  • Lines slow to lay up biggest containerships
    BOX lines are keeping most of their very big ships in service, despite a collapse in cargo volumes this year.
  • Brussels forced to climbdown over climate change laws
    EUROPEAN Commission forced to climbdown from its threat to impose regional greenhouse gas legislation on the maritime industry.

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Fairplayweb site
APRIL 17, 2009
  • 75 saved from sinking ship
    PASSENGERS from a sinking passenger ship are safe today, thanks to a German box ship's crew that rescued 75 survivors off Tanzania
  • Piracy cost impact discounted
    SO far, piracy's financial impact on shipowners is less than implied by blanket press coverage, according to Lazard analyst Urs Dur
  • Blockade forced back to France
    A BLOCKADE of French fishing vessels that held up ferries and played havoc with local shipping was forced back to Boulogne this morning by a fleet of cutters sent by the French government
  • Chinese aircraft carriers ahead?
    CHINA'S territorial disputes over shipping routes, offshore gas deposits and maritime boundaries appear to have produced a major change in naval newbuilding policy
  • 800 laid off at Bulgarian yard
    BULGARIA'S Rousse shipyard said today it plans to lay off all 800 of its workers
  • EU halts carbon emissions law
    THE EU halted plans today to impose regional greenhouse gas laws on the shipping industry because of the global recession

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The Journal of Commerceweb site
APRIL 17, 2009
  • Canada to Relax First-Port Policy
  • Coast Guard Lacks Small Boat Tracking: GAO
  • Yusen Contests Anti-Monopoly Fine
  • Indiana Line OK'd for Spur
  • MSC to Launch Two Services in Americas
  • Old Dominion Relocates Denver Service Center
  • Aloha Air Cargo Workers Join Teamsters
  • Canadian Trucks Get Bigger
  • Jet Fuel Demand Tumbles
  • CSAV Seeks Cut in Charter Rates
  • Concor Earnings Fell in 4Q
  • Mexican Talks End without Truck Deal
  • Maersk, CMA to Call Seattle
  • Maersk Adds Mobile to Transatlantic Loop
  • NOL Expects 1Q, Full-Year Loss
  • Werner Sees Truckload Pickup

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Containerisation Internationalweb site
APRIL 17, 2009
  • Is the worst over or will the green shoots turn brown?
    After experiencing one of the worst first quarters in living memory, ocean carriers must hope that President, Barack Obama's comments this week that there are signs of 'glimmers of hope' in the US economy do not eventuate to be 'fool's gold'.
  • US court blocks FMC injunction in clean trucks case
  • More Antwerp calls after MSC Beatrice trial success
  • Clinton piracy strategy welcome; but shipowners need deterrents
  • Halifax to benefit from new CKYH string
  • Q1 grief for NOL and OOCL

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TradeWindsweb site
APRIL 17, 2009
    George Economou's DryShips pumps up the volume en route to new single-day trading record and 29% gain.
  • Overrated?
    Economically speaking, piracy is not worth all the media fuss, US analyst opines.
  • Bulking up
    DryShips' momentum sparks rally by entire dry-bulk sector on high-volume Wall Street trading.
  • Banking on less
    Nordea slices tanker spot rate projections and drops target price for Frontline.
  • DryShips sailing
    George Economou-led bulker owner sees stock boosted as $500m share issue leads to upgrade.
  • Swedes keep BBB
    Gothenburg based hull and P&I club hangs on to rating despite tough but ultimately profitable year.
  • SOS success
    Komrowski boxship rescues 75 off Tanzania as others scared off distress call by piracy threat.
  • It's quotes time
    Mathematician George Economou on exs and whys while Somali pirates wage war on the US.
  • Two more for fight
    Knut Hundhammer confident of victory as Transfield and Pacific Bulk pledge support to Armada creditor action group.
  • Skaug bags more
    Wilh Wilhelmsen CEO's pay climbs in 2008 but other executives are catching up fast.
  • Trafigura tethered
    Cargo onboard tanker Nord Observer arrested in Nigeria as local outfit fights trading giant in court.
  • Power cut
    Ukrainian shipyard 61 Communards loses electricity supply as unpaid bills to provider mount up.
  • Mornes mess
    Sweden's Thun criticised over bridge manning levels after bulker damaged in jetty collision.
  • Bolters bagged
    Two of four crew who escaped from a cargoship seized in India have been nabbed by local authorities.
  • Losses grow
    Croatia's 3 Maj shipyard posts bigger deficit for 2008 as costs increase and revenues fall.
  • Switch confirmed
    Marc Saverys' CMB confirms entry into the tanker market after owning up to switching two capesize newbuildings for three aframax tankers.
  • Rousse standstill
    All 800 workers at Bulgarian shipyard are being laid off temporarily as materials run out.
  • ICTSI pays down
    Philippines container port player reduces short-term debt and agrees new five-year loan.
  • Ugland inks resale
    Norwegian owner in the process of picking up a handymax unit under construction in the Philippines.
  • Dover profit dips
    But British port is talking up its prospects despite the economic downturn.
  • Pier prang
    Hellenic Seaways ferry damaged in collision off Paros, Greece, but no injuries reported.
  • Vale delays
    Brazilian miner delays start of $2.3bn Onca Puma mine for at least a year, while Port Colborne facility set for eight week summer shutdown.
  • Skuld scales back
    Norwegian P&I club to close its Singapore office after only two-and-a-half years due to financial crisis.
  • Japanese merger
    K Line and Tokyo Senpaku respond to cargo volume drop by combining runs to Malaysia and Indonesia.
  • Eight safe
    All crew rescued after tanker takes on water and sinks off Philippines.
  • Fleeing fire
    More than 200 workers evacuated from DFDS hotel ferry after blaze breaks out in engine room.
  • CSAV seeking cuts
    Chilean liner operator looking for reductions of up to 30% in charter hire payments says PST.
  • Clause warning
    North of England advises members to avoid using charterparty clauses requiring RightShip approval.
  • Wide berth
    International Chamber of Shipping endorse plan to sail 600nm off Somalia's Indian Ocean coast.
  • ATM completed
    George Economou-led DryShips says it has completed its $500m equity offering to investors.

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American Shipperweb site
APRIL 17, 2009
  • Obama backs Jones Act, industry remains vigilant
  • Wilhelmsen sees record profits in 2008
  • OOCL's volumes, rates fall
  • Cathay to reduce cargo capacity 11%
  • Debate over plastic pallet fire retardants heats up
  • U.S., Rwanda advance trade relations
  • Vilsack heads to G8 Agricultural Ministerial
  • Kuehne + Nagel to deliver furniture to U.K. homes
  • Antwerp 1st quarter box volume down 16%

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The Scandinavian Shipping Gazetteweb site
APRIL 17, 2009
  • Fire on Queen of Scandinavia ' passengers evacuated
    Late last night, a fire broke out on the DFDS ro-ro passenger ferry Queen of Scandinavia, and about 250 persons were safely evacuated. No injuries have been reported. The
  • Container handling drops sharply in European port giants
    The container handling in Antwerp was down by more than 16 per cent to 1.7 million TEU during Q1, compared to Q1 2008. The total cargo turnover fell by
  • ICS backs exclusion zone
    The International Chamber of Shipping, ICS, supports a plan to exclude vessels from an area 600 nautical miles off Somalia's coast to avoid pirates. 'Ships shouldn't sail within the zone
  • Absalon back home after anti-piracy mission
    The Danish frigate Absalon has returned to Copenhagen. Absalon has been patrolling in the Gulf of Aden for eight months. During its mission Absalon captured five Somali pirates, they have

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The Bunker Bulletinweb site
APRIL 17, 2009
  • Prices spike in Los Angeles as supply tightens
    380 cst fuel soars by $60 with changing supply conditions.
  • Prices lack direction end of week
    Rotterdam bunker market very quiet.
  • Diesel removed from grounded fishing vessel
    High winds delay salvage operations in San Francisco.
  • Debt-ridden operator to be kept afloat
    Company's vessels detained by creditors for non-payment of bunkers and wages.
  • Far East suppliers change payment terms
    Financial crisis also causing bunker demand to decline in Russia's Far East.
  • Singapore's bunker prices slip
    Prices in other key ports continue to climb.
  • Chemoil exploring storage business in Philippines
    Plans to 'build and lease out facilities to anyone who wants to enter the local oil industry'.
  • Armada meets 'road block'
    Creditors filing request for independent investigation on the company.
  • Maldives supplier awaits new barges
    To take two new barges for fresh water supply and marine gasoil delivery.
  • Singapore underground storage launch delayed to 2013
    Construction work to start end of this year.

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