BRIEFS

web site

Shipping News

New leaders for S'pore Maritime Foundation
THE Singapore Maritime Foundation (SMF) yesterday announced a major leadership change ahead of the New Year. Its chairman will change for the first time since it was founded in 2004, one board member will step down and three new members will join the board members.
Shipping sets sail on a 'green' route
WITHOUT international shipping, global trade would come to a halt, industry would shut down and the lights would literally be turned off in city after city worldwide.

Strait Talk

Charting a better course after a very difficult year
FEW in the shipping industry are likely to look back at 2009 with undiluted pleasure.

Motoring

Electric cars force drivers to rethink habits
It was dark and rainy, and the battery on his nifty Mini E electric car was almost gone.
VW plans to add eight Audi models to challenge BMW
Volkswagen AG's Audi brand plans to add eight models by 2015 as it seeks to challenge Bayerische Motoren Werke AG as the world's largest maker of luxury cars.

web site

Shipping News

New leaders for S'pore Maritime Foundation
THE Singapore Maritime Foundation (SMF) yesterday announced a major leadership change ahead of the New Year. Its chairman will change for the first time since it was founded in 2004, one board member will step down and three new members will join the board members.
Shipping sets sail on a 'green' route
WITHOUT international shipping, global trade would come to a halt, industry would shut down and the lights would literally be turned off in city after city worldwide.

Strait Talk

Charting a better course after a very difficult year
FEW in the shipping industry are likely to look back at 2009 with undiluted pleasure.

Motoring

Electric cars force drivers to rethink habits
It was dark and rainy, and the battery on his nifty Mini E electric car was almost gone.
VW plans to add eight Audi models to challenge BMW
Volkswagen AG's Audi brand plans to add eight models by 2015 as it seeks to challenge Bayerische Motoren Werke AG as the world's largest maker of luxury cars.

web site

Shipping News

New leaders for S'pore Maritime Foundation
THE Singapore Maritime Foundation (SMF) yesterday announced a major leadership change ahead of the New Year. Its chairman will change for the first time since it was founded in 2004, one board member will step down and three new members will join the board members.
Shipping sets sail on a 'green' route
WITHOUT international shipping, global trade would come to a halt, industry would shut down and the lights would literally be turned off in city after city worldwide.

Strait Talk

Charting a better course after a very difficult year
FEW in the shipping industry are likely to look back at 2009 with undiluted pleasure.

Motoring

Electric cars force drivers to rethink habits
It was dark and rainy, and the battery on his nifty Mini E electric car was almost gone.
VW plans to add eight Audi models to challenge BMW
Volkswagen AG's Audi brand plans to add eight models by 2015 as it seeks to challenge Bayerische Motoren Werke AG as the world's largest maker of luxury cars.

	web site

China raises rail rate 7.2pc to US$0.15 per tonne kilometre Taicang port cross-strait container volume up 72pc Qinzhou port's berth and yard projects completed Cargo owner acquitted on appeal after cocaine found in FEU Agility wins Green Supply Chain Award in Singapore Archangel throughput falls 31.8pc from January-November CN's president and CEO Harrison to retire at year-end FM Logistics sets up its largest facility in China at Jiangsu Cargotec unveils new and improved Kalmar reachstacker Japan Airlines mulls bankruptcy as ploy in restructuring FedEx to boost HK-Memphis capacity with two 777 freighters World's sudden air freight capacity crunch to persist into spring United, All Nippon, Continental JV seeks antitrust immunity

	web site

VOTG TANKTAINER keen to enhance market presence NYK Line (India) opens own office in Hyderabad Yen for Delhi-Mumbai corridor 44 pc rise in export of handicrafts PPT seeks more empty rakes every day to evacuate a mountain of coal Tatas now interested in dedicated container terminal, warehousing space Rlys not to alter iron ore freight rate classification Law to control goods transport agents soon Advance tax up by 20 pc Plastic parks on Union government's radar Q3 monetary policy review on Jan. 29 Japanese PM to consider rupee-yen link for increased FDI flow Experts propose 17-18 pc GST Export duty on iron ore fines, lumps hiked GST to bring down tax burden by 25-30 pc State Ministers' panel formed to spur industrial growth India Trade Fair in Dhaka in February

	web site
DECEMBER 29, 2009
British ship hijacked Kota Wajar released Iphone vessel tracking launched Swiber set for another new deal IMO's message to the World's seafarers Fire kills 9 Chinese bulker freed Crowley tug hits Bligh Reef

	web site
DECEMBER 29, 2009
NYPD to get RBM-C Somali pirates seize three more ships

	web site
DECEMBER 29, 2009
Box lines look forward to better year in 2010 Alphaliner report sees rising share prices as shape of things to come Shanghai Fujian orders boost December newbuilding orders Eight-ship panamax deal among 15 dry bulk orders Trailer Bridge to spend $2m on shares and bonds Plans to repurchase $1m of stocks and $1m of outstanding bonds Hamburg Süd optimistic despite losses Refusal to lower rates helps line stand on its own Diana bulks up with panamax Acquisition is the first in a two-year invesment programme.

	web site
DECEMBER 29, 2009
Pirates seize tanker PIRATES have hijacked a UK-flagged chemical tanker in the Gulf of Aden, EU NAVFOR said today Sinking deaths, times four? FOUR TIMES as many people than previously believed are feared dead today in a Philippines ferry sinking US panelist confirmed MICHAEL Khouri has been confirmed by the US Senate as a fourth member of the five-member Federal Maritime Commission Iran shipping sanctions in flux THE WHITE House might be retreating from a sanctions plan targeting shipping interests that import refined products to Iran Trailer Bridge buying back US BOX-barge operator Trailer Bridge today announced a $2M buyback plan for its shares and outstanding bond notes Japan cable link operating A NEW cable route linking Japan with the Trans-Pacific Express cable network has begun operating after cable ships finished laying the optical fibre system Nine killed by bulker blaze NINE seafarers have been killed in a fire on the Greek bulker Aegean Wind off Venezuela

	web site
DECEMBER 29, 2009
JFK Airport Reports Busiest Freight Month in 2009 Weather Dampens Norfolk Southern Coal Operations Rail Jobs Sink to New Low Freight Forwarder Claims 'Vindication' in Contracting Case Virtual Book Sales Surpass Physical Books EPA Issues Rules to Curb Emissions in U.S. Waters Arrow Trucking Shipment Hotline Launched DOT Stimulus Checks Top $7.4 billion Fesco Logistics Delivers 100-Ton Drill Diesel Prices Edged Up First Time in Two Months YRC Extends Debt Exchange Offer a Fourth Time Recovery Hopes Spur Ocean Carrier Stocks

	web site
DECEMBER 29, 2009
MSC broadens its representation in Russia US manufactured shipments edge up Sika signs lease deal with Dubai's EZW K Line announces management changes Mongeau to take over as CN Rail president on January 1

	web site
DECEMBER 29, 2009
Not stopping here Jose Sergio Gabrielli-led Petrobras signs 15-year charter deals for nine newbuildings, as executive says more such deals will follow. Creditors resist More creditors push back on Bender Shipbuilding's $21m proposed sale to VT Halter's parent. StealthGas sells 2 Nasdaq-listed LPG carrier owner has quietly sold two vessels, taking a loss on both transactions. Caspian lifted Annual vessel revenues surge by 39.4% at offshore vessel owner Caspian Services, pushing profits upward. Order tanks Swedish owner Rederi AB VaderoTank drops delayed products tankers at Turkish yard. Miami fire 'minor' Crew quickly controls fire on Bernuth Agencies-controlled multipurpose ship on Miami River. Ro-ro lost "Casualty file" shows rescue efforts after sinking kills at least six people and leaves 23 missing off the Philippines. Costly capes Danish shipping magnate Maersk McKinney Moller's cancelled capesize foray costs nearly $40m. Navios ship seized Greek bulker with 19 crew seized off Seychelles while en route to India from US. History reprised Crowley tug spills bunker fuel after grounding on the same reef as Exxon Valdez. $2m buy-back US liner player Trailer Bridge pledges to invest $2m to buy its own shares and notes in 2010. Eight to follow Diana Shipping in line for eight more bulker buys, analyst says as he predicts S&P uptick at the start of 2010. Zodiac ship taken UK-flagged chemical carrier with 26 crew hijacked by pirates in the Gulf of Aden. STX 'ambitious' South Korean group is looking to double its shipbuilding Swiber scores Singapore offshore player bags $75m five-year inspection, repair and maintenance deal. Circuit breakers Bangladesh cracking down on shipbreaking safety record by restricting spread of yards along coast. SCI eyes buys Sabyasachi Hajara-led SCI has $225m for boxship splurge after recently planning to axe its container shipping business. Yard green light Indian Government gives nod to $800m new facility even as it hands defence ministry control of Vizag-based yard. Qingdao's venture Qingdao Port Group outlines plans to boost its container facilities as part of a long term development of the port.

	web site
DECEMBER 29, 2009
A decade's worth of scrapping in 2009 PHMSA adjusts penalty amounts Class 9 bonded warehouse procedures amended Study shows limited use of "First Sale" rule Madagascar's rosewood exports protested New York presses Brooklyn waterfront development Russia opens Pacific oil terminal

	web site
DECEMBER 29, 2009
2010 ' the year of the seafarers The IMO has decided to dedicate next year to the world's seafarers. The theme for the World Maritime Day will be '2010: Year of the Seafarer'. 'Our intention is to

	web site
DECEMBER 29, 2009
North European markets rise further Mixed picture in Southern Europe. Durban bucks firming market trend Fujairah firmer Tuesday in line with most other markets. Black Sea port expands ahead of Winter Olympics Project calls for bunker facilities. Chinese supplier moving ahead with IPO Offering being made through two US-based investment banks. Saudi refiner offers fuel oil cargo January volumes are expected to be down month-on-month. Bunker prices climbing in key Asian ports Little spot demand in Singapore. Swiss-based Armada in bankruptcy move Move comes after company says talks with investors have failed. Investment banks give oil price predictions Forecasts for 2010 range from $90 per barrel to a low of $65. Japan 'closes' bonded market until 2010 Stocks exhausted; earliest deliveries from first week of January onwards. Pirates free Singapore-flagged ship Two months after it was hijacked off Somalia.