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26 September 2021 The on-line newspaper devoted to the world of transports 06:31 GMT+2

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The Business Timesweb site
APRIL 22, 2009
Shipping News
  • Strong attendance despite gloomy economic outlook
    The Sea Asia 2009 conference and exhibition has managed to overcome the recession to capture the imagination of the global shipping community with a packed exhibition hall and a quality conference programme.
  • Shipping's an inevitable course to take
    Dinner table conversation revolved around the shipping business while SS Teo was growing up, so it was inevitable that the managing director of Pacific International Lines (PIL), chairman of the Singapore Maritime Foundation (SMF) and president of the Singapore Shipping Association (SSA) would end up where he is today.
  • Shipowners may have cancelled 260 vessel orders
    Shipowners probably cancelled orders for 260 vessels carrying commodities and containers as the global recession choked demand and a credit crunch reduced funding, a consultant said.
Strait Talk
  • Just listen to the youngsters' suggestions
    DURING this Singapore Maritime Week a wide range of issues is being discussed, both in presentations and debates at the various events taking place and, no doubt, in the networking that is going on across the city as large numbers of shipping industry people from around the world gather here.

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Sched Netweb site
APRIL 22, 2009
  • Hamburg Sud container plunge offset by good results elsewhere
  • China retains global edge despite downturn, says CMHI boss
  • MOL to make calls to Florida's Jaxport on APX service
  • Eurogate turns a record 3.5pc profit in 2008
  • Tianjin to build two 300,000-tonne terminals this year
  • DHL enjoys 79pc monthly road growth in south east Asia
  • Railwaymen say trucks' short-haul cost advantage can be beaten
  • Platinum Cargo Logistics appoints new Operations Director
  • Continental Airlines launches daily Shanghai-New York flights
  • Zhuhai Airport launches first international service to Seoul
  • AirAsia launches flights to Tianjin, and soon to Chengdu, Xian

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Exim Indiaweb site
APRIL 22, 2009
  • A S Shipping's Numbal CFS becomes RFID-compliant
  • Maritime musings
  • Feeder volumes shrink with more main lines calling directly at ports
  • Trade chill spreads with pirates getting innovative
  • NYK Line releases initial exploratory design of energy-efficient ship
  • TT Club's overall surplus & reserves still strong despite reverses
  • Sea Asia '09 begins with a bang
  • Ore exports pick up
  • Despite export ban, India emerges as 3rd top rice exporter!
  • Apeda estimates 40 pc jump in 2008-09 Basmati exports
  • Fruits, vegetable fair to be held in Hong Kong
  • Cement imports from Pak picking up
  • A million tonnes of white sugar to be imported duty-free
  • Major Ports' capacity rises to 555.67 m tonnes in 2008-09
  • JNPT joins hands with Gijon Port Authority of Spain
  • Amingaon ICD adopts quicker & cost-saving method to load paper tea sacks
  • CBDT Task Force to find ways to prevent misuse of tax treaties
  • RBI cuts repo & reverse repo rates by 0.25 pc each
  • Icra sees exports picking up in fiscal's second-half
  • Flow of natural gas from KG basin will save $9 bn in import bill'official
  • Forex reserves dip sharply
  • FDI inflows swell in January after dipping for 3 months
  • DLF Ltd seeks denotification of 4 SEZs

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International Transport Journalweb site
APRIL 20, 2009
  • K+N also feeling slump
    The Kuehne + Nagel logistics corporation, based in Schindellegi (Switzerland), is also feeling the effects of the global economic slump. Turnover was down from CHF 5.31 to 4.29 bil...
  • TNT opens new regional hub in Singapore
    The Amsterdam-based Dutch postal group TNT has opened an expanded regional hub at the Changi Cargo Complex in Singapore. The SGD 20 million centre will serve as the company's nerve...
  • New Gazeley logistics centre for Zufall
    The real estate developer Gazeley recently handed over a 36,000 sqm centre in Kandel near Karlsruhe (Germany) to the Zufall Logistics Group. Zufall's subsidiary Logistec is taking ...
  • J. B. Hunt registers fall in operating revenue
    J. B. Hunt Transport Services has announced Q1/2009 net earnings of USD 30.8 million, compared to Q1/2008 earnings of USD 36.4 million. Total operating revenue for the current quar...
  • Dramatic cargo traffic decline in Brussels
    Cargo throughput at Brussels airport (Belgium) fell to 108,800 t in Q1/2009, a dramatic 48.5% drop from 211,200 t in Q1/2008.

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Maritime Global Netweb site
APRIL 21, 2009
  • Piracy attacks "double" in Q1
  • Stolt Strength released
  • Hebei Spirit ruling expected Thursday
  • Optimism in Singapore

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Marine Logweb site
APRIL 21, 2009
  • VT Marine CEO Butch King dies
  • Defendant in Maersk Alabama case faces life sentences
  • Guest workers sue Gulf Coast shipyard labor recruiters
  • U.S.-flag owners told to strengthen antipiracy plans
  • ABS type approves GE L250 inline engine

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Lloyd's Listweb site
APRIL 21, 2009
  • KG houses will play decisive role for owners
    KG system would allow owners to sell and lease back vessels, says Lloyd Fonds chief executive Torsten Teichert.
  • Euronav secures $300m loan
    TANKER operator sees sharp fall in first quarter profits but manages to seal loan to fund six vessels.
  • Somali pirates free Stolt Strength as Nigeria gunmen attack tanker
    PIRATES release hijacked chemical tanker with all 23 Filipino national crew said to be safe.

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Fairplayweb site
APRIL 21, 2009
  • Russians sentence ship master
    THE MASTER of a cargo ship involved in a fatal pursuit and sinking has been sentenced to three months in prison by a Russian court
  • Spanish port bill criticised
    SPAIN'S new transport and public works chiefs are under pressure to modify port legislation after a report from its antitrust authority warned that the bill could distort competition
  • Union queries Manila's Aden ban
    A MARITIME union leader criticised Manila today over a lack of guidelines for implementing a new government policy seeking to bar Filipino seafarers from sailing in the Gulf of Aden
  • Swedish Club curbs H&M losses
    MUTUAL marine insurance provider Swedish Club said today it is on track to restore the profitability of its hull & machinery book
  • Shippers told to keep costs low
    THE COUNCIL of Supply Chain Management Professionals is calling for European shippers to keep costs down by using best practice
  • Newcastle escapes coal gloom
    NINE-MONTH figures for the New South Wales port of Newcastle show King Coal's reign is strengthening, despite widespread reports of a downturn in demand
  • Buyers queue for Oz's Asciano
    UP TO 10 possible buyers are lining up for all or part of Asciano Group, owner of Australia's Patrick container terminals and Pacific National rail operations

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The Journal of Commerceweb site
APRIL 21, 2009
  • S.C. Ports Awards Charleston Terminal Contract
  • FedEx Wins Independent Contractor Ruling
  • Cosco to Extend SE Asia Service
  • BNSF Bridge Wins Recovery Act Funds
  • Delta to Ground 14 Freighters
  • Caterpillar Sees First Loss in 17 Years
  • TWIC's Forgotten Few
  • CN Taps Mongeau as Future CEO
  • Kirk Sees Progress on Panama, Colombia
  • Share Sale Boosts Deutsche Post Net
  • India-Subcontinent-Europe-Service Gains Partner
  • Coast Guard Prepares Piracy Directive
  • Forward Air Posts $3.1 Million Loss
  • Global Pirate Attacks Almost Double
  • Brokers Add Risk with Expanded Services
  • Court Dismisses Cross-Border Truck Lawsuit
  • World Steel Production Plummets in 1Q

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Containerisation Internationalweb site
APRIL 21, 2009
  • MSC to join SCI in ISE service
  • CN Revenues fall in Q1 09
  • Port of Long Beach new fee postponed
  • MOL expands Jacksonville service offerings
  • Terex crane deal back on

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TradeWindsweb site
APRIL 21, 2009
  • MSC growing
    Bargain chartering spree narrows gap between the second-largest liner operator and AP Moller-Maersk.
  • Search after crash
    Man missing after Houston collision between a line handling boat and a Cyprus-controlled open hatch carrier.
  • Casualty file
    More ships manage to escape pirate attacks as fear of a trap almost causes a ferry tragedy.
  • Samsun succeeds
    US federal judge gives South Korean shipping player Samsun Logix protection from creditors
  • CSAV loses $265m
    Chilean liner operator reveals first-quarter loss and expects to be another $130m in the red for the second quarter.
  • Suspect in NYC
    Maersk Alabama suspect arrives smiling in Manhattan to face charges for pirate attack.
  • Subsea surprise
    Kristian Siem-led Subsea 7 beats market expectations in the first quarter as its bottom line holds firm.
  • Less for Pettersen
    BW Gas CEO sees smaller bonus shrink his pay package as owner slices management pay by a quarter.
  • Pirate play
    Indian internet company bids to capitalise on hero Maersk master with 'Saving Capt Phillips' game.
  • Travel unit sold
    Cash-strapped cruiseship owner Ambassadors International sells off travel and events arm as it focuses on Windstar Cruises.
  • Master abducted
    Nigerian gunmen board Turkish tanker chartered by Total and seize captain and chief engineer.
  • Inspection spat
    UK-based cargo inspector 'not asked to test quality' of cargo at centre of Trafigura case in Nigeria.
  • Attacks double
    Ships subjected to over 100 pirate attacks in the first quarter, with two seafarers killed and 178 held hostage, IMB says.
  • Ice work
    Russia lines up $500m investment in new nuclear-powered icebreaker fleet by 2015.
  • Partner revs up
    Norwegian car carrier newcomer Partner Shipping to start new Pacific vehicle and heavy cargo run.
  • Trada's target
    Indonesian owner ready to spend $36m on six new tankers to enter products trade this year.
  • Extra euro
    Estonia's Port of Tallinn sells EUR 20m of bonds to fund terminal expansion.
  • Free at last
    Japanese-owned tanker Stolt Strength finally released by Somali pirates after over five months.
  • Separator sins
    Two ships feature on March's Japanese detention list for oily water equipment faults.
  • Bulker bonanza
    Khalid Hashim-led Precious sells second ship in a day to take its income from recent vessel sales past $30m.
  • Master jailed
    Russia jails Indonesian captain of Chinese ship which sank killing eight after chase by warship.
  • Seabourn boost
    Carnival's upmarket cruise unit says first quarter bookings at record level, but it has discounted heavily.
  • Vopak stronger
    Dutch oil storage giant pushes up first quarter profit, with full-year figure expected to reach EUR 450m.
  • Early payback
    Singapore's FSL Trust is making a voluntary loan repayment in a bid to placate its lenders.
  • Mind the gap
    Consortium likely to bid EUR 14 a share for Irish ferry group ICG, way short of the EUR 18 sought by independent directors.
  • Fee delayed
    US port of Long Beach pushes back plan for infrastructure cargo fee as weak volumes continue.
  • Cruise airlift
    US Coast Guard helicopter takes female crew member from Carnival Legend with serious head injury.
  • Strong takes VL
    Hong Kong-listed crude and petroleum trader has emerged as the buyer of Titan single-hulled VLCC Titan Neptune.
  • Not for sale
    Atle Brynestad denies disposal of his SeaDream cruise business and says 2009 will be strong year.
  • Waralee sold
    Thai shipowner Precious continues to offload its older vessels with sale of 1982-built bulker.

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American Shipperweb site
APRIL 21, 2009
  • Pirate attacks still underreported
  • CMA CGM, Maersk expand cooperation
  • NEAS starts 2009 Arctic service
  • Mullen to head new couriers' trade association
  • CN: First quarter profit up 36%
  • CN says Mongeau will replace Harrison in 2010
  • Obama praised for focus on U.S.-Colombia FTA
  • USDA considers papaya imports from Colombia, Ecuador
  • RILA fills supply chain policy post
  • Long Beach port postpones fees
  • MOL has new reefer monitoring system

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The Scandinavian Shipping Gazetteweb site
APRIL 21, 2009
  • Stolt Strength released after several months
    Somali pirates have released the chemical tanker Stolt Strength after holding the vessel for several months. The vessel was hijacked on November 10 off Somalia, while on route from Dakar
  • Filipino vessels and seafarers banned from piracy waters
    Gloria Arroyo, President of the Philippines, has banned Filipino seafarers from serving on vessels sailing outside the security corridors in the Gulf of Aden and close to the Somali coast
  • Mærsk to cut emissions
    A P Møller-Mærsk will reduce the emission levels on a new series of container carriers currently under construction at the South Korean shipyard Daewoo Heavy Industries. The series of
  • Petrobras plans to order 240 vessels
    Brazilian oil giant Petrobras is about to order 240 offshore vessels in the next few years, the company's CFO Almir Barbassa told Reuters. Petrobras executives are in South Korea to
  • Stiff terms for South Korean owners
    As much as 10 to 20 per cent of South Korea's 38 largest shipping companies will have to fight for their survival as local lenders are planning to put some
  • Russian oil exports increase
    In the first quarter of this year, Russian ports handled a total of 110.6 million tons of goods, which is 4.5% more than during the same period last
  • Novoship sells two ships
    The Russian tanker shipping company Novorossiysk Shipping Company (Novoship) has sold the 25,700 DWT bulk carrier Boris Livanov, built in Russia in 1986, and the 67,980 DWT crude oil tanker

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The Bunker Bulletinweb site
APRIL 21, 2009
  • Bunkerworld expands Caribbean coverage
    Point Lisas added to pricing service, including data on low sulphur fuel oil.
  • European bunkers tumble by double digits
    Crude oil prices falling further in early trading on Tuesday.
  • Shipping line backs LNG
    NYK wants to launch 'super energy efficient container ship'.
  • Terminal operator sees profits climb
    Vopak reports healthy operating profit increases.
  • Independent supplier wins Bunker Award
    Singapore award goes to a homegrown supplier.
  • Hong Kong-listed trader buying VLCC for $24 million
    Plans to use the vessel as floating storage facility near Singapore.
  • Bunker cost recovery 'essential'
    Container lines 'struggle' to cover costs.
  • Asian bunkers down on lower crude oil prices
    Monday's plunge in crude oil prices felt across most Asian markets on Tuesday.
  • Bunker slick causes pollution in Thai waters
    Slick believed to have come from a fishing vessel that sunk in the area 14 years ago.
  • Land-based demo site to showcase scrubber technology
    Ecospec to demonstrate device it says can reduce emissions of four pollutants in one treatment process.
  • O.W. Bunker appoints brokering accounts manager
    New position created to help build 'quality relationships with brokers'.
  • Oil at $50 'can help' economy recover
    New investments to increase oil output needed to avoid another cycle of high oil prices, UAE says.

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