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27 September 2021 The on-line newspaper devoted to the world of transports 18:47 GMT+2

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The Business Timesweb site
APRIL 28, 2009
Shipping News
  • VLCC rates to jump as single hulls are scrapped
    The worst market for supertankers since the 1973 Arab oil embargo is setting the stage for prices to double by the fourth quarter as ship owners scrap ageing vessels and delay orders for new ones.

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Sched Netweb site
APRIL 28, 2009
  • Shanghai Port first quarter profit falls 28pc to US$107.5 million
  • Tung Chee-hwa sounds alarm over US carbon tax protectionism
  • Maersk named world's best, Asia-Europe's best and best greenie
  • Hebei Spirit officers free from jail, but held on bail as witnesses
  • Hamburg and Transport Logistics 2009 expects major China delegation
  • India's coastal long-haul box shipping '40-50pc cheaper than trucks'
  • Union Pacific efficiency up, but quarterly profit down 18pc
  • Norfolk Southern quarterly profit drops 39pc to US$177 million
  • CSX profit declines 30pc in first quarter to US$249 million
  • BNSF railway posts first quarter profit fall of 36pc to US$293
  • Air China Cargo takes first of three 747-400 BCF deliveries
  • DHL triples capacity with opening of US$6.2 million Taipei Gateway
  • Foreign express firms fear restrictions in new China postal law

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Exim Indiaweb site
APRIL 28, 2009
  • Caravel Logistics sets sail with coastal service
  • Domestic shipping remains in dire straits
  • MAERSK LINE announces Asia-Europe network improvements
  • CMA CGM to upgrade Asia-Med offer
  • US-flagged Maersk Line ships make transatlantic calls at Mobile
  • EVERGREEN LINE re-jigs rotation, shaves off a week on Asia-Panama service
  • HAMBURG SUD Group posts satisfactory results thanks to booming bulk operations
  • Hyundai & Team Lines launch another feeder from Hamburg
  • NOL announces appointments at the helm
  • LNG vessel named Energy Confidence
  • MSC adds Kaliningrad, Norrkoping port calls to Baltic feeder
  • C. C. Tung wins Lifetime Achievement Award
  • Pulses to be imported from Myanmar
  • Singapore remains the Number One container port
  • ABGKCTL handles longest vessel to date
  • Hamburg docks 11,356-TEU CMA CGM Andromeda
  • N. hinterland shippers to benefit from new Port Pipavav rail schedules
  • CONCOR to build own terminal at Rourkela
  • IT-BPO revenue to reach $225 billion by 2020
  • Rupa Bhaty exhibits for a noble cause

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Maritime Global Netweb site
APRIL 27, 2009
  • Maltese-flag bulker hijacked
  • March recovery boosts Q1 throughput at Marseilles Fos
  • Ocean Jade owner and engineer plead guilty
  • Horizon Lines Q1 down, but not out

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Marine Logweb site
APRIL 27, 2009
  • Cruise ship returns fire and pirates flee

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World Wide Shipperweb site
APRIL 27, 2009
  • Port of Olympia wants input on commission compensation increase
  • Horizon Lines reports first fiscal quarter numbers
  • Maersk Alabama crewmember files lawsuit against employers
  • Puget Sound safety board calling for new candidates
  • Bellingham cruise terminal earns environmental rating

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Lloyd's Listweb site
APRIL 27, 2009
  • Vago calls for debate over arming cruiseships
    MSC Cruises chief executive says there is need for industry-wide discussion.
  • MSC Melody uses firepower to repel east Africa piracy attack
  • Cruise shares take beating as swine flu fears grow
    CRUISE company shares down in early trading in New York on fears an outbreak could damage earnings.
  • Shippers on guard against box line bankruptcies
    POTENTIAL container line bankruptcies now on the "radar screen" of major shippers.

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Fairplayweb site
APRIL 27, 2009
  • Cruise industry on flu alert
    THE cruise industry was in close contact today with the US Centers for Disease Control on the swine flu threat, but has yet to pull any ships from Mexico routes
  • Cruising continues Alaska retreat
    NORWEGIAN Cruise Line confirmed today that it would pull one of its three Alaskan vessels as a result of market conditions and high taxation
  • Flu tightens US port security
    CREW ON ships entering the US after calling in Mexico are getting closer attention today because of the swine flu outbreak
  • Pirates slain as tanker recovered
    COMMANDOS from Yemen reportedly freed a Yemeni tanker today, with five pirates killed and at least nine captured
  • MSC cruise ship evades pirates
    THE CRUISE ship Melody was headed under military escort today for Aqaba, Jordan, on its scheduled itinerary after the Panama-flagged vessel traded fire with pirates before escaping off the Seychelles
  • Petraeus urges arming ships
    GET 'SERIOUS' and arm yourself, US Army General David Petraeus has warned shipping
  • GulfNav profits shattered
    DUBAI'S Gulf Navigation reported today a first-quarter profits fall of 85.7% from the same time last year

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The Journal of Commerceweb site
APRIL 27, 2009
  • Trucker Celadon Loses $2.1 Million
  • Truck Tonnage Falls Hard in March
  • Court Grants ATA's Clean-Trucks Injunction
  • Truckers Threaten Strike at Vancouver
  • Two Bills to Tighten Tax Laws on Toll Roads
  • Diesel Drops 2 Cents to $2.201
  • Shanghai International Port Profit Drops
  • "K" Line Forecasts 80 Percent Profit Drop
  • Heavy Cargo Service Defies Market Slump
  • European Shippers Oppose Liability Rules
  • LAX Freight Falls 20.8 Percent
  • Dissident Hedge Fund Sheds CSX
  • UPS May Furlough 300 Pilots
  • Optimism Grows Among Chinese Economists
  • CMA CGM to Add Japan-Mediterranean Link
  • China Bars Foreigners from Domestic Express
  • U.S. Chamber in China Warns of Protectionism
  • YRCW CreditWatch Goes Negative
  • Audio Interview: Geraldine Knatz, Executive Director, Port of Los Angeles
  • WABCO Lost $36.4 M in First Quarter
  • APL Volume, Revenue Drop
  • MOL '08 Profit Plunges a Third
  • Asia Air Freight Falls 21.6 Percent

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Containerisation Internationalweb site
APRIL 27, 2009
  • Swine flu fears rock fragile markets
  • CMA CGM: Japan - Med direct
  • China and Taiwan in new deal
  • Maersk to 'concentrate' UK business at Felixstowe
  • Nordana starts intra-Mediterranean loop

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TradeWindsweb site
APRIL 27, 2009
  • Focus on China
    Leading figures from the shipping world converge on Shanghai for the TradeWinds Shipping Energy conference 2009.
  • Swine flu fears
    Carnival stays firm with Mexico sailings as swine flu worries batter cruise industry stocks.
  • GulfMark sinks
    Profits fall at Houston offshore vessel owner after impairment charge, as the chief executive warns of utilisation pressure.
  • Crewman sues
    Maersk Alabama chief steward files claim alleging Maersk knowingly exposed seafarers to pirate dangers.
  • CSCL loses big
    Li Shaode-led boxship and bulker player sees prediction of large quarterly loss come true.
  • Replica junked
    All rescued off Taiwan after Ming Dynasty-era replica is reportedly struck by Norwegian chemical tanker.
  • PNSC clear-out
    Pakistan's national owner claimed to be scrapping seven of its 11 vessels by next year.
  • Profit plunge
    Taiwanese container line Yang Ming sees 2008 earnings slashed as financial costs mount.
  • Tianjin suffers
    The global economic slowdown and higher operating costs take their toll at Chinese port operator.
  • Strength restored
    Pirated tanker Stolt Strength en route to safety of Salalah after US Navy chips in bunkers.
  • Tanker trough
    Dubai's Gulf Navigation suffers 86% profit plunge in first quarter.
  • Costly cargo
    ACL facing CAD 25,000 penalty for each of seven stowaways found on board ro-ro in Canada.
  • Cruise missile
    Fire extinguisher explodes, turning into perilous projectile that injured cruiseship passenger in Florida.
  • Against the odds
    Port of Amsterdam benefits from demand for oil products and coal to post 7% growth in first quarter.
  • UK year-round
    Royal Caribbean set to base Independence of the Seas at Southampton year-round.
  • WW trades in
    Norwegian car carrier owner cashes in 5% holding in Korean venture Glovis for $78m.
  • Gas plan
    Mitsubishi Heavy, NYK, Mitsui eye tie-up with Russian yard group UIC to develop new large LNG carriers.
  • Aban shoots up
    Indian offshore player sees annual profit balloon despite impairment charge on charter termination.
  • Swedish sorrow
    Norway's Bergen Group wields axe at its Swedish yard Landskronavarvet, cutting workforce to just nine.
  • K Line declines
    Big Japanese player forecasts 80% profit plunge this year after weaker annual result to 31 March.
  • MOL expects less
    Japanese giant staring a huge drop in profit in current financial year as annual results falter.
  • Yemeni ships free
    Yemeni special forces storm and release hijacked tanker while another is freed as MSC cruiseship attacked.
  • Outlook gloomy
    Japanese giant NYK's annual profit slashed and there is worse to come this year as downturn continues.
  • Orders collapse
    Export ship orders at Japan's major yards are down nearly 50% on the previous fiscal year.
  • Titan tumbles
    Hong Kong-listed shipbuilder and shipowner slump to full-year loss due to restructuring.
  • STXPO fined
    South Korean shipowner has been fined in the US for illegal dumping of oily-waste at sea.
  • CSSC dives
    First-quarter profit slumps at Chinese shipbuilder despite higher sales as steel costs bite.
  • CSDC scraps
    China Shipping's Hong Kong subsidiary sends two handysize bulkers to the breakers yard.

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American Shipperweb site
APRIL 27, 2009
  • South China shippers blast OOCL box seal fee
  • Petraeus to maritime industry: Get serious about piracy
  • Released Stolt tanker gets naval aid
  • Chinese postal law hinders express development
  • Cathay employees warm to voluntary leave program
  • European shippers raise alarm over Rotterdam Rules
  • Agility plans big acquisition in down market
  • China revises rules on used equipment imports
  • CBP to start broker self-assessment pilot program
  • Ahern: Broker license processing delays "unacceptable"
  • FMC reviews 2 OTI license applications
  • Riverside appeals Long Beach port project
  • AgTC satisfied with PNW ports clean truck plans
  • Port of Albany upgrades aging wharf

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The Scandinavian Shipping Gazetteweb site
APRIL 27, 2009
  • Transatlantic axes 50 jobs
    Transatlantic has initiated negotiations to reduce its workforce by 50 employees. A final agreement with the unions is expected before the summer vacation period. The company recently reported a SEK
  • Independence of the Seas to be permanently positioned in Europe
    From 2010, The Independence of the Seas will be the first vessel in the Royal Caribbean International fleet to be employed year-round on the English market. She will have
  • Jobs lost at Landskronavarvet
    The hull builder Landskronavarvet in Southern Sweden, now owned by Norway's Bergen Group, has made 52 of 61 employees redundant. The reason is that an order failed to materialize as
  • Hebei Spirit officers acquitted but forced to stay in South Korea
    South Korea's Supreme Court has dismissed charges against the two Indian officers who were blaimed for the Hebei Spirit disaster, the worst ever oil spill in South Korean waters. The
  • Engine makers could lose orders worth EUR 2 billion
    Wärtsilä and Man B&W expects that they could lose orders worth in excess of EUR two billion when orders for new ships are cancelled, Lloyd's List reports. The two
  • Another two vessels attacked off Somalia
    A 31,000 GT German-owned grain carrier was hijacked at the eastern end of the Gulf of Aden on April 25. The 17-man crew are believed to be unhurt

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The Bunker Bulletinweb site
APRIL 27, 2009
  • Horizon Lines forecasts lower fuel prices
    Q1 financial results ahead of internal expectations, despite $10 million net loss.
  • Low sulphur bunker prices firming
    Rotterdam sees tight avails for low sulphur product.
  • MOL annual profits hit by bunker costs
    Japanese shipping line says hedging deal stopped it benefiting from fall in prices.
  • US Navy supplies tanker with bunkers
    Vessel chartered to Stolt Tankers heads away from Somali coast.
  • ISO 8217 revision to address ignition and combustion
    Blending components behind problems associated with low sulphur fuel, DNVPS tells conference.
  • Moller-Maersk and Boeing working together on biofuels
    Shipping group wants to see if there are 'synergies' between shipping and aviation.
  • Bunker prices mixed in key Asian ports
    Singapore prices slip against background of poor demand.
  • IEA's lower demand forecast 'exaggerated'
    OPEC's Al-Badri unsure if fresh supply cuts needed; says crude could hit $60 by year's end.
  • Staff promotion and relocation at UBT
  • ENOC resumes offshore Fujairah bunker supplies
    ENOC Group Chief Executive speaks of 'ambitious long-term plans'.
  • Titan sinks into $200 million net loss
    Revenues down on end to oil trading business in Singapore last year.

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