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26 September 2021 The on-line newspaper devoted to the world of transports 05:40 GMT+2

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The Business Timesweb site
APRIL 23, 2009
Shipping News
  • Call for action against piracy gains intensity
    THE views of what should be done about the piracy problem are as divergent as the people that present those views. This was clear from a conference on piracy and sea robbery, which was held as part of Singapore Maritime Week.
  • Credit crunch and low oil prices hit offshore industry
    SHORED up by high oil prices, the offshore industry has boomed for the past few years. But this year it has lost much its shine as the global economy weakened and oil prices sank with it.
  • Box volumes at China ports down
    China's ports posted a 12.8 per cent decline in first-quarter container volume from a year earlier to 25.5 million twenty-foot equivalent units, according to a statement posted yesterday on the Ministry of Transportation's website.
  • SingTel unveils IT solutions in Sea Asia
  • S'pore named best Asian port
  • Maritime industry should focus on minimising risks
  • UK yacht maker to ramp up Asian sales

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Sched Netweb site
APRIL 23, 2009
  • MSC closes in on Maersk in lunge for market share: Alphaliner
  • Lay ups of 6,000-TEU plus vessels increase to 42
  • Ningbo-Zhoushan ranked most competitive among China ports
  • Long Beach delays imposition of container tax again
  • Container Corp of India sees 4Q profit fall 7.4 pc
  • NOL appoints two senior managers for APL Logistics
  • Russia fines China's Hongzhou Shipping US$28,000 for undeclared cash
  • Ontario to test cost-cutting double-trailer trucks this summer
  • Geodis absorbs 1,200 former IBM Global Logistics workers
  • ASEAN Ports and Shipping 2009 held June 3-4
  • Vietnam Airlines to expand fleet with ten A321-200s by 2014
  • Frankfurt air cargo down, but shrinkage shrinks in March
  • Weak demand pushes down jet fuel prices, usage

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Exim Indiaweb site
APRIL 23, 2009
  • Exodus ChemTank's range of products & services generates immense biz at ChemSpec 2009
  • Nato warships in high seas drama
  • DHL launches ocean freight innovations
  • Jewellers' body aims to generate Rs 1.25-lakh cr. business by 2011-12
  • EU finds harmful colouring agent in curry powder, rejects consignment
  • VPT to beef up core strengths this fiscal
  • NHAI to call fresh bids for 19 projects
  • CONCOR's 3 WR terminals bag ISO certification
  • RBI policy statement ignores all suggestions, regrets Fieo
  • IMC: RBI's double squeeze sends right signals to banks

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International Transport Journalweb site
APRIL 21, 2009
  • Rhenus Contract Logistics inks contract with zooplus
    Rhenus Contract Logistics Netherlands has signed a 10-year contract with zooplus AG. Zooplus was founded in 1999 and is the leading e-commerce company for pet supplies on the Europ...
  • BHS selects Kuehne + Nagel for furniture deliveries
    Kuehne + Nagel, the global logistics service provider based in Schindellegi (CH), recently announced that it had been chosen by UK multi-channel retailer BHS to support the ex...
  • NYK Logistics expands healthcare capacity
    Facing an increasing demand for healthcare services, NYK Logistics North Continent has expanded its good distribution practices (GDP) licensed area within its Antwerp warehouse by ...
  • Ceva Logistics and Grundfos renew contract
    Grundfos, one of the world's leading pump manufacturers with an annual production of close to 16 million pump units, and Ceva Logistics have signed a new contract for spare parts l...
  • New appointment at Volga-Dnepr
    The Russian cargo carrier Volga Dnepr has appointed Sergey Zhiltsov as director of the external relations department of the Volga-Dnepr Group. He will be responsible for implementi...
  • AF-KLM and Unimex Travel Service to bid for CSA
    Air France-KLM and the Czech consortium Unimex-Travel Service were recently selected by the Czech government as candidates to take over state-owned Czech airlines CSA, officials sa...
  • Asian airlines suffering heavy losses
    Hong Kong's Cathay Pacific Airways will cut capacity, delay plane deliveries and ask staff to go up to four weeks without pay this year. Cathay Pacific lost more than USD 8.6 milli...
  • Swiss takes delivery of its first A330
    Zurich-based Swiss International Air Lines has received its first of nine new A330-300s. The aircraft was ordered in September 2007 to expand the Swiss carrier's medium to long hau...
  • DHL Express Austria and Switzerland team up for a joint future
    DHL Express, Deutsche Post DHL's specialist arm for express services, chose Beat M'ller as its new managing director of DHL Express (Austria) GmbH, effective 1 March. Over the past...

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Maritime Global Netweb site
APRIL 22, 2009
  • DNV says sustainability cannot be ignored during recession
  • Euronav feels the pinch
  • British detention rate down in March

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World Wide Shipperweb site
APRIL 22, 2009
  • Waterfront planning efforts making progress in Bellingham
  • ARRA funding headed to series of Coast Guard projects
  • NYK plans to develop new super eco vessel
  • Port of Seattle eyes ethics compliance program
  • Mitsui O.S.K. Lines installs reefer box monitoring system

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Lloyd's Listweb site
APRIL 22, 2009
  • Scrapping of boxships gathers pace
    DEMOLITION rising sharply as owners take whatever action they can to eliminate unwanted tonnage.
  • MSC goes on a cut-price post-panamax fixtures spree
  • Shipowners opt for alternative financing
    BOND issues and private equity have started to take over from traditional bank lending to finance newbuildings.
  • Incentives to boost North Sea offshore sector
    BRITAIN to introduce "field allowance" to oil companies to develop more fields off the British coast.

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Fairplayweb site
APRIL 22, 2009
  • Cruise pricing scrapes new lows
    ANALYSTS warned today that 2009 cruise pricing is proving even more abysmal than expected
  • Jamaican flag builds Euro base
    THE JAMAICA Ship Registry is raising its profile in the European market with the promotion of its German representative office to a regional branch
  • Shipping 'stress tests' urged
    SHIPPING companies should be subjecting themselves to realistic "stress tests" and taking more proactive steps to restructure balance sheets and debt, according to Randee Day of Seabury
  • MSC narrows gap on APM
    MSC IS continuing to expand capacity despite weak freight markets ' and has narrowed the gap on sector leader APM
  • Slimming a bulk 'monster'
    FORCED cancellations of newbuilding orders could slim down the "monster" of overcapacity in bulk shipping, the Sea Asia 09 Conference heard in Singapore yesterday
  • Asian piracy revival warned
    THE GLOBAL economic slump could revive piracy attacks in Southeast Asia, ReCAAP executive director Yoshiaki Ito warned a conference today
  • Financing shortage reshapes S&P
    THE S&P market has moved away from the larger, newer ships that sold last year towards smaller transactions for older tonnage "because it is impossible to get debt financing and buyers are having to pay 100% equity"

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The Journal of Commerceweb site
APRIL 22, 2009
  • USF Holland Closes Holland, Mich. Terminal
  • Rail Antitrust Law a Mistake, Buttrey Says
  • Customs Launches New Version of ACE
  • Buttrey Wants Courts to Review STB Power
  • Ryder Net Falls 88 Percent
  • Trucker Vitran Loses $2.4 Million
  • Maersk to Hike Australia Asia Rates
  • Long Beach to Postpone Cargo Fee
  • Boeing Profit Cut in Half
  • Retail Industry Groups to Merge
  • American Steel Exports Plunge 34.4 Percent
  • ABF Loses $29 Million in First Quarter
  • RFID Market Growing
  • AAA Chief Calls for Transportation Investment
  • Long Beach to Test 'Green' Terminal Tractors
  • NS Profit Falls 39 Percent in Q1
  • Express Association Sets Priorities
  • MSC Boosts Fleet
  • Zim to Add Piraeus Call
  • Delaware Renews H'egh Lease at Wilmington
  • Japan Posts Rare Annual Trade Deficit
  • LA-LB Programs Drive Shippers to Other Ports
  • Export Credit Support Booms
  • Deltaport's Third Berth Nears Completion
  • C.H. Robinson Profit Dips Only 1 Percent
  • Refrigerated Trucker's Profit Soars

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Containerisation Internationalweb site
APRIL 22, 2009
  • IMB reports sharp increase in GoA piracy
  • ICG group takeover runs and runs
  • Prince Rupert box cargo drops
  • NYK to design eco ship
  • COSCON adds new port to China/US service

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TradeWindsweb site
APRIL 22, 2009
  • Alabama's ordeal
    FBI special agent gives detailed account of the Maersk Alabama hijacking and paints Muse as a ringleader.
  • Elba scores 7
    BG Group is sourcing seven cargoes for US LNG import terminal at Elba Island in Georgia.
  • No misadventure
    Unnamed bulker involved in collision with fishing boat off Australia, not Swire's Pacific Adventurer.
  • DR taps banker
    New York investment bank Dahlman Rose hires veteran banker Elliott Etheredge to head its maritime team.
  • All-water for MOL
    Japanese owner launching direct link to Asia from its Jacksonville terminal in US.
  • BC selling trio
    Canadian ferry owner BC Ferries puts three quadragenarian vessels on the selling block.
  • Pirate faces life
    US charges pirate suspect in New York as an adult, and France delivers 11 to Kenya.
  • Golden upgrade
    Dahlman Rose lifts rating on Herman Billung-led bulker owner Golden Ocean thanks to its "significantly improved" liquidity position.
  • Turks 'set free'
    Master and chief engineer abducted from Turkish tanker in Nigeria are said to have been released.
  • ITF: No ban
    Labour group rejects reports that the Philippines' President Arroyo has banned seafarers from trip through the Gulf of Aden.
  • Petrobras in talks
    Jose Sergio Gabrielli-led oil company is in South Korea to discuss up to $30bn worth of orders, including drillships and rigs.
  • Line at a loss
    Li Shaode-led CSCL warns it will slump into the red in the first quarter following sharp fall in freight rates.
  • Merger hunt
    Denmark's Nordic Tankers to seek out consolidation opportunities as part of new strategy to 2012.
  • Tanker tumble
    VLCC and suezmax values could slump by 20% over the next couple of months, warns Fearnley Fonds.
  • Bulkers busted
    Ships in fleets of STX and Clemko of Greece hauled aside by UK's MCA in March.
  • Davie sells
    Canadian shipyard's restructuring continues with $20m share placement to client Cecon, among others.
  • Loan stretched
    Sven Rong's GC Rieber gets two year extension on NOK 250m loan as Technocean hangs on to the Polar Prince.
  • Link launch?
    Canada's Nautisol says foreign investors ready to start ferry service from Victoria to Vancouver.
  • Change of tack
    New owner of Serbian river shipping company JRB to convert head office into hotel.
  • Bond bonus
    Jan Erik Tveteraas-led FPSO player nets $12m from convertible bond deal with Luxor Capital.
  • AMSC in profit
    First quarter turns black at last for US owner of products carriers chartered to OSG.
  • Euronav's $300m
    Belgian tanker owner confirms fresh finance for fleet additions as it reports weak first quarter.
  • Wilson sells again
    Norwegian mini-bulker specialist trims the fat with the disposal of another oldie.
  • IHI to cut loss
    Troubled Japanese shipbuilder once again slashes its full-year net loss figure right before results time.
  • MSC growing
    Bargain chartering spree narrows gap between the second-largest liner operator and AP Moller-Maersk.
  • Cop ships
    Canadian police charter three Carnival cruise vessels to house officers during 2010 Winter Olympics.
  • Trader tossed
    Thoresen Thai continues clearout of old ladies as general cargo vessel leaves the fleet.
  • Aegean bulks up
    Nikolas Tavlarios-led bunker player acquires Scandinavian owned tanker for West Africa operation.

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American Shipperweb site
APRIL 22, 2009
  • Alabama pirate faces life sentence
  • NYK unveils design for "Super Eco-ship"
  • COSCO adds ports to HSH service
  • ESC questions lightweight air freight rate hikes
  • United expanding U.S./Europe cargo capacity
  • NS records lower profit, revenue
  • Mundra sees high-cube double-stack rail
  • NRF, RILA plan merger
  • U.S., Mauritius focus on trade opportunities
  • Exel subsidiary renews Crate & Barrel deal
  • DHL starts direct LCL services from Shenzhen
  • FMC examines appeal of clean trucks ruling
  • Port of Charleston awards $55 million contract
  • Höegh signs deal with Delaware port

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The Scandinavian Shipping Gazetteweb site
APRIL 22, 2009
  • Somali piracy soars
    A dramatic increase in activity by Somali pirates led to a near doubling of the number of ships attacked during the first three months of this year compared with the
  • Somali pirate in US court
    The Somali citizen Abduwali Abdukhadir Muse has been charged with piracy. Abduwali Abdukhadir Muse has also been charged with conspiracy to seize a ship by force, conspiracy to commit hostage
  • Deltamarin to develop FPDSO
    The Finnish engineering company Deltamarin Ltd has won a design and engineering contract for a FPDSO (Floating Production, Drilling, Storage & Offloading) vessel called Guanambi I. The unit will be developed
  • Wilson sells oldie
    The Norwegian shipping company Wilson has sold the 3,700 DWT cargo vessel MV Mingo, built in 1980, to a Marshall Islands registered company. The price tag is USD 540,000. After
  • Port of Murmansk fined for environmental crime
    The Russian ministry of the environment has fined Murmansk Sea Commercial Port RUB 1 million (EUR 24,500) for committing an environmental crime in Kola Bay, which was discovered during an

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The Bunker Bulletinweb site
APRIL 22, 2009
  • Bunker supplier prepares for emissions regulations
    'Steady demand' for lower-sulphur gasoil in US Gulf region.
  • Bunker prices steady in North Europe
    Southern European markets generally soft.
  • Refinery resumes fuel oil exports
    IOC offers cargo as Asia arbitrage volumes fall.
  • Key ports report tight 'avails'
    Singapore bunker prices firm but other Asian markets in retreat.
  • Suez Canal 'crucial' to regional bunker market
    Bunker demand in the Mediterranean will take 'three years' to recover to 2007 levels.
  • Ships need to be 'fuel efficient'
    Slow steaming is a 'short-term measure', says chairman of leading maritime group.
  • MGO supplies tighten in East Asian port
    Tight avails lift Hong Kong's MGO prices to a 3-month high.
  • Aegean expands West Africa operation
    International bunker supplier takes delivery of a double hull tanker to serve markets on the Gulf of Guinea.
  • Lubes firm to expand in West Africa
    Gulf Oil Marine provides services in more than 500 ports worldwide.

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