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26 September 2021 The on-line newspaper devoted to the world of transports 05:14 GMT+2

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The Business Timesweb site
APRIL 21, 2009
Shipping News
  • Keep focused on sustainability goals: analyst
    SUSTAINABLE practices sound like a good idea. But when it's crunch time and budgets are being slashed everywhere, not all shipping companies may diligently keep to the targets they set in better times. This may, however, be a shortsighted approach that will cost them time in the race to reach sustainable solutions - and ultimately money.
  • Visit boosts S'pore-China contacts
    HIGH-LEVEL relations between the Chinese and Singaporean maritime administrations are being reinforced by a visit from a top Chinese official.
  • Nato warships fight off pirate attacks
    Nato warships foiled a pirate attack on a Norwegian tanker, catching up with the would-be hijackers on Sunday after a seven-hour pursuit.
  • Persian oil tanker rates may rise as owners chase profit

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Sched Netweb site
APRIL 21, 2009
  • China Merchants profit slides 17pc in second half as volumes fall
  • Troubled CSAV seeks cross-the-board 30pc charter rate cut
  • NOL sees US$240 million quarterly loss when results come May 12
  • Evergreen re-jigs rotation, shaves off week on Asia-Panama service
  • Antwerp meets Q1 expectations with boxes off 16pc to 1.7 million TEU
  • Hainan's trade value surges 55pc in first two months
  • Kuehne + Nagel suffers first quarter downturn, but a brighter March
  • US-flagged 3,500-TEU Maersk ships make transatlantic calls at Mobile
  • Oakland port to spend US$5 million from port funds on air pollution
  • Technogym contracts CEVA as main Mideast logistics provider
  • Hamburg and Transport Logistics 2009 expects major China delegation
  • Florida exports shine with 2008 records to attract shippers
  • Lufthansa and Jade Cargo expand activities in Africa
  • China Eastern posts US$2.2 billion loss, sales down 3.4pc in 2008
  • UPS-DHL airlift deal off, ABX Air, Astar Air return to duty
  • China Southern defers deliveries as Boeing parks planes in desert
  • Correction: Hactl signs Grandstar Cargo, not Galaxy Cargo contract

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Exim Indiaweb site
APRIL 21, 2009
  • MSC to be partner in ISE service
  • Ocean carriers must slash more capacity-Drewry
  • NOL's top brass volunteer 40-20 pc pay cuts
  • More Recovery Signs
  • Laid-up fleet shrinks from 1.42 million to 1.31 million TEUs
  • Singamas box-maker sees demand reviving
  • Singapore ports rebound slightly
  • MSC launches 2 services linking North, Central & South America on Pacific Coast
  • Evergreen Line to offer faster transit times on 2 key transpacific services
  • DP World profits up by 50 pc
  • TSK Line & K Line to launch Japan-Straits/Jakarta joint service
  • Shenzhen's SCT welcomes MISC's new HES-Halal service
  • "K" Line to trim container, ro-ro fleet by 10 pc over 12 months
  • Wuhan to build mega terminal complex
  • Port of Long Beach Green Flag Award for "K" Line again
  • Cane shortage, price fever may prompt sugar export ban
  • Port Pipavav takes major leap in operational efficiency & infrastructural facilities
  • Bother of re-routing logistics may keep TN cement cos off Karaikal port for now
  • 1st lot of Nissan's Pixo model of cars driven thru' Mundra Port for Europe
  • CITPL receives 3 state-of-art quay cranes
  • Inflation dips to 0.18 pc
  • With 33 pc export growth, SEZs shrug aside global meltdown
  • ECGC saddled with 60 pc rise in export insurance claims in 2008-09
  • Pulses prices skyrocket on shortage fears

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International Transport Journalweb site
APRIL 17, 2009
  • Around 25,000 participate in logistics day throughout Germany and Austria
    Approximately 25,000 people interested in logistics took advantage of the official logistics day on 16 April, with 271 events in Germany and 18 in Austria, to find out more about t...
  • BHS selects Kuehne + Nagel for furniture deliveries
    To support the expansion of its homeware business in the United Kingdom, the multi-channel retailer BHS has chosen the global logistics provider Kuehne + Nagel to provide deli...
  • Globe Express Services opens second office in France
    Globe Express Services (GES), a leading global third-party logistics (3PL) provider, announced the opening of its new corporate office in Paris (France), effective 1 April. Lo...

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Maritime Global Netweb site
APRIL 20, 2009
  • Belgian ship hijacked
  • Hamburg Sud volumes up 25%
  • Dryships raises $500m
  • FMC injunction on LA Port denied

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Marine Logweb site
APRIL 20, 2009
  • Trelleborg units cop plea in bid rigging case
  • Aker Philly launches seventh tanker
  • USCG projects get recovery act funding

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World Wide Shipperweb site
APRIL 20, 2009
  • UK Ship Register welcomes giant container ship
  • Department of Commerce rules against LNG project
  • Neptune Orient Lines promotes two executives
  • Crowley ships 'safe boats' for use in Americas Summit

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Lloyd's Listweb site
APRIL 20, 2009
  • Hamburg Süd to slash costs as revenues plunge
    GERMAN shipowner targets budget cuts of $323m-$387.6m in 2009.
  • Hamburg Süd to fork Trident service
  • Somali pirates free Sea Horse but 17 vessels still held
    PIRATES release food aid ship but 292 seafarers still held hostage, according to the International Maritime Bureau.
  • Dover mulls privatisation as an option
    PORT of Dover management looks at "all options" to secure long term finance for a £400m ferry terminal and marina development.

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Fairplayweb site
APRIL 20, 2009
  • Hamburg Süd to slash costs
    HAMBURG Süd is slashing overhead costs in response to the dramatic decline in both volumes and freight rates in the north/south box trades, it was revealed today
  • LNG first for Sweden
    SWEDEN is to get its first LNG terminal, Fairplay was told by NCC Construction Sweden today
  • Philippines bars Aden crewing
    MANILA today barred the deployment of Filipino seafarers on ships trading in the Gulf of Aden
  • US: ransoms encourage pirates
    PIRATE prosecution needs to be more "robust", according to two top US military leaders, who added that paying ransoms undercuts the military's ability to deal with the problem
  • Pirates nabbed, hostages freed
    TWO PIRATE attacks have been disrupted in the Gulf of Aden by a British military support ship
  • Hold on for drop, India ports told
    INDIA'S ports leaked one-fifth of their volume in the fourth quarter of fiscal 2008 ' yet that could end up being the good old days, according to CEO Kim Fejfer of APM Terminals
  • Antarctic cruising gets pax limit
    CRUISE ships carrying more than 500 passengers will be barred from landing in Antarctica

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The Journal of Commerceweb site
APRIL 20, 2009
  • Committee to Discuss Trade Facilitation
  • Maritime Security Meeting Reviews Code
  • YRC, Banks Agree to Pension Deferral
  • CN Boosts Net 36 Percent
  • Diesel Slips to $2.221 per Gallon
  • DOT Warns States on Stimulus Spending
  • Special Report: Electrifying Freight Rail
  • AA Cargo Raises Weight Limit
  • MOL Adds Jaxport
  • McAdam to Head Struggling APL Logistics
  • Eaton's Truck Segment Loses $34 Million
  • Hamburg Süd Revenue Climbed 24 Percent
  • Economic Indicators Fall in March
  • Kuehne & Nagel Net Tumbles 17 Percent
  • Nehru Rates Extended through July
  • Hearing Yanked on Rail Access
  • China Merchants Profit Falls

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Containerisation Internationalweb site
APRIL 20, 2009
  • Brazilian ship agents lobby to get pilots to slash charges
  • K Line and TSK team up to slash capacity on Japan/Jakarta trade
  • Simatech starts new Iran/Gulf feeder
  • Contraband cargo on the up via Santos port

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TradeWindsweb site
APRIL 20, 2009
  • Pirate in court?
    The Somali pirate who survived botched hijacking of the Maersk Alabama is reportedly set for New York court date.
  • Wall St slump
    New York stock markets slide as OceanFreight and Safe Bulkers lead shipping stocks downward.
  • Aden crew ban
    Philippines President Gloria Arroyo bans deployment of seafarers to the pirate-infested waters off Somalia.
  • Box still bleak
    Braemar Seascope says increase in containership requirements is not enough to overcome oversupply.
  • Bender gets buyer
    A mystery owner has stepped in to buy three platform supply vessels ordered by GulfMark Offshore.
  • Dohle in CSAV
    Peter Dohle-led shipowners group is poised to become the second largest shareholder in Chilean liner company.
  • Bulker escapes
    UK-owned vessel operated from Greece one of two to evade capture in Gulf of Aden on Monday.
  • Heading south?
    German line Hamburg Sud's volumes rose strongly in 2008, but began to flag in fourth quarter.
  • More for McClure
    Island View Shipping boss the biggest earner in the Grindrod boardroom as CEO Alan Olivier is left in the shade.
  • Krasnoye's trio
    Russian yard beats eastern European rivals to Kazakhstan tanker contract, its first new order since last August.
  • Ahrenkiel sells
    Founder Christian J Ahrenkiel offloads his share in Tasman Orient Line to give Swire Group sole control.
  • Storage success
    Indonesia's Arpeni clinches domestic deal to provide FSO to Kangean Energy Indonesia.
  • Five capes sold
    Korea Line completes sale-and-leaseback of capesize quintet to Tiger United of Panama.
  • Coaster doomed
    Historic UK cargoship set to become history at breakers' yard after funding row.
  • Breaking floor?
    Ship demolition sales slow further as prices fall, but has the bottom been reached?
  • No bulk sale
    Cosco Corp (Singapore) hits back at reports its dry-bulk fleet will be cast off following drop in profitability.
  • Ardenne escapes
    NATO forces foil Somali pirate's attempt to hijack Frontline suezmax tanker in Gulf of Aden
  • Dover dosh?
    UK port trust may bring in private investor to help fund new terminal.
  • Weak finish
    Terminals player China Merchants' 2008 profit up, but downturn hits in second half.
  • Eight circle
    Australian ports group Asciano's shares rise after bidders move in to buy assets.
  • Sea Horse free
    Lebanese ship en route to pick up WFP cargo is released only three days after capture off Somalia.
  • Free Knight fixed
    Ion Varouxakis-led bulker player in short term fixture of up to two months for handysize unit.

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American Shipperweb site
APRIL 20, 2009
  • Hamburg Süd: Container shipping in "homemade" crisis
  • NOL loses $240 million in 1st quarter
  • Analyst: Piracy high visibility, low probability issue
  • AA extends priority service to Europe
  • Tampa Cargo names BA U.S. cargo sales agent
  • Rail cutbacks concern European shippers
  • CBP defines "10+2" penalty
  • K + N sees marginal 1st quarter profit slide
  • DB Schenker says hub is "green"
  • APM expands Pipavav box terminal
  • Cherin nominated for Long Beach port role

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The Scandinavian Shipping Gazetteweb site
APRIL 20, 2009
  • Armed guards on Danish coasters passing the Gulf of Aden
    The Danish coaster operator Shipcraft A/S has decided to hire armed guards for their ships sailing in the Gulf of Aden. The decision comes after an attack on the
  • Belgian vessel seized in Indian Ocean
    African pirates, probably Somalis, have hijacked the Belgian stone-carring vessel Pompei, 1,220 DWT, some 700 nautical miles off the coast of Africa and 150 nautical miles off the Seychelles
  • Finnllines vessels to the Mediterranean
    Grimaldi Lines has introduced Finnlines' ro-pax vessel Finlandia on a new service between Genova, Tunis and Tripoli. In addition to that Grimaldi will employ the ro-pax ferry Finnhansa
  • Panama creates special register for laid up vessels
    The Panama Maritime Authority which oversees the world's largest fleet has introduced a special registry for laid up vessels. 'We have taken this measure that reduces registry fees by 40
  • New ro-pax to DFDS Lisco
    DFDS Lisco has taken delivery of the newbuilding Lisco Maxima, which is the very first Lisco newbuilding since the company was taken over by the DFDS Group. The new ro
  • Collapse on tanker markets
    Spot markets for tankers reached low levels seldom seen before by the end of last week, with some being the lowest ever noted at the Baltic Exchange. Owners were accepting

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The Bunker Bulletinweb site
APRIL 20, 2009
  • European markets show signs of softening
    Crude oil prices drop steeply in out of hours trading.
  • Russian government to cooperate with bunker association
    Bunker players to help create 'favourable legal environment' for Russia's bunker barge fleet.
  • Raid on bunker barge was 'normal Customs task'
    Crew found to have hidden contraband cigarettes likely to be fined.
  • SPC Q1 profit, revenues almost halved
    Singapore-listed company says profit 'better than expected' considering market conditions.
  • Asian bunkers steady on Monday
    Demand reported average for most ports.
  • Aramco concludes April cargoes sales
    French oil major buys lots at discounts for end-April loading.
  • Japan bonded sales inch up in February
    Year-on-year bonded bunker fuel sales inch up, but sales fell from January.
  • Hedge 'away' price volatility
    Deutsche Bank explains the pros of having a hedging mechanism in place in uncertain times.

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