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25 September 2021 The on-line newspaper devoted to the world of transports 00:03 GMT+2

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The Business Timesweb site
JANUARY 2, 2012
Shipping News
  • Capesize rate seen sinking to 10-year low
    THE weakest growth in demand in at least a decade for shipments of iron ore, the second-biggest commodity cargo after crude oil, means that rates for the largest vessels will plunge to the lowest level since 2002.

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Sched Netweb site
JANUARY 2, 2012
  • Shanghai and Ningbo's container foreign trade growth slows to 3.3pc
  • TCC's old Taicang Yangtze port throughput surpasses three million TEU
  • Shanghai Shipping Industry Fund makes first investment in containerships
  • Maersk extends Asia-Port Said loop to Turkey adding Guangzhou-Nansha
  • With eco-testing, Charleston dredging would come too late in 2024
  • Beijing finds big companies' logistics costs rise, but so does efficiency
  • Sino-Russian trade at Manzhouli crossing hits 2.4 million tonnes
  • Vietnam drafts plan to organise intermodal transport system
  • Danaos adds 8,530-TEUer to its 59-ship fleet aggregating 291,149 TEU
  • India to start horticultural ventilated container train in January
  • Med ports stand to attract cargo diverted from Hamburg, Rotterdam: analyst
  • Saudi to allow foreign air carriers to fly domestic routes from January
  • Philippines air cargo electronics demand still strong: Emirates SkyCargo
  • Zhejiang province to build 2 new airports, upgrade 6 others in 5 years

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Exim Indiaweb site
JANUARY 2, 2012
  • Oil tanker rates fall 23 pc during the year
  • US navy ready to combat Irans threat of blocking Strait of Hormuz oil route
  • Apparel exports to decline 15 pc owing to EU woes
  • Coffee exports to fall with declining European demand
  • Tea imports slip 14.6 pc as prices go up
  • Trade between India & China likely to touch $ 100 bn by 2013
  • JN Port receives certifications for environment, occupational health & safety management systems
  • Govt levying 10 pc service tax on Rlys freight from new year
  • Depreciating ' turns into roadblock for trade with Iran
  • Euro crisis hindering growth, feels FM
  • Forex reserves slump to 10-month low of $ 301 bn
  • Minister expects coal imports to touch 194 mt by 2017
  • Montek expects slowdown to continue in Q3 & Q4
  • Overseas investment scales to $109.2 bn in Q2
  • UP polls may delay nod for additional sugar exports
  • Yarn exports expected to bounce back this year
  • BLIA's Gujarat Chapter to hold peace march
  • Amytrans Corp. moves heavy oil & gas equipment from S. Korea to Vietnam
  • Steder Group FZE executes delivery of huge earthmoving equipment for major African hydropower dam project

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Marine Logweb site
JANUARY 1, 2012
  • Video of sea trials of first Fast Response Cutter released
  • Eastern Shipbuilding delivers towboat to Settoon Towing

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World Wide Shipperweb site
DECEMBER 30, 2011
  • SeaPort Airlines adding flights from Portland Airport to Yakima
  • FESCO adding to holdings with TransContainer share purchase
  • Scoular presents OOCL with award of excellence for 2011
  • US rail freight traffic count posts gains during week
  • Coast Guard calling for input on Atlantic Coast port access

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Lloyd's Listweb site
DECEMBER 30, 2011
  • Maersk boss Nils Andersen taken ill
    Andersen expected to be off work for one month after heart surgery on December 30
  • Limak wins Iskenderun concession
    Syndicated loan will also boost box capacity
  • Tanker war: the sequel
    Iran cannot be allowed to threaten tanker trades through the Strait of Hormuz
  • Secondhand sale volumes at lowest levels since 2008
    Allied Shipbroking reports just over 1,000 vessels as changing hands in 2011
  • Survivor found from Vinalines bulker
    But 22 still missing since Christmas day
  • Dry bulk's upside potential
    Things can only get better, can't they?
  • Hyundai Mipo confirms owners delaying bulk carrier newbuildings
    Data points to Greek shipowner that could have deferred delivery of four ships to 2013
  • Asia-Europe freight rates leap 31%
    Peak season levies take rates off record lows
  • NOL names new chairman
    Kwa Chong Seng to replace retiring Cheng Wai Keung in April
  • Korean shipyard blast kills four
    Sparks from cutting machine may be to blame
  • Throughput falls at LA and Long Beach
    West coast ports about 200,000 teu down this year

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Fairplayweb site
DECEMBER 30, 2011
  • Crane collapse at Novorossiysk
    LOADING of iron-ore at Novorossiysk port on the Black Sea has been halted since December 24 by an accidental crane collapse, port sources have told Fairplay
  • Yard explosion 'kills four'
    FOUR workers have reportedly been killed today in an explosion at a ship component yard in South Korea's Ulsan region

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The Journal of Commerceweb site
DECEMBER 30, 2011
  • Global Air Cargo Falls 3.8 Percent November
    International air cargo traffic declined 3.8 percent in November from a year ago, the eighth straight monthly decline amid a...
  • Rhenus to Take Over Wincanton Terminal Operations
    German logistics operator Rhenus will take over the French and German operations of UK rival Wincanton on Jan. 2 to...

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Containerisation Internationalweb site
DECEMBER 30, 2011
  • All washed up: ocean carriers hit the rocks
  • Boxship breakers receive 'unemployable teenagers' in December
    As could be expected with the market for panamax ships extremely weak - daily hire rates for a 3,500 TEU ship have plummeted by 50% in the last year - carriers ...
  • BrazArtis to export more chickens to the Middle East
    Rio de Janeiro-based BrazArtis Assessoria em Comercio Exterior Ltda, which offers advice and solutions to companies wanting to import goods into and exports out ...
  • BNSF launches 'Next Generation Intermodal' initiative
    BNSF, which operates one of the largest rail networks in North America, has launched a new initiative that is aimed at optimising the supply chains of its intermodal ...
  • GAC adds DRC to its global network
    Dubai-based GAC, which is one the world's leading providers of shipping agency, logistics and marine-support service activities, has expanded its network in West ...
  • Nigeria on a positive spin
    Government reforms, a stronger banking sector and moves to diversify its economy away from such a heavy reliance on oil largely account for Standard & Poor's ...
  • Shanghai tops 30 million TEU
    On Friday December 23, 2011, China's port of Shanghai reached a world record container throughput of 30 million TEU, according to a release from the China Communications ...
  • North or south for bunker costs in 2012?
    That is the question on the minds of ocean carriers trying to predict voyage calculations into the New Year. The Iran sanctions, politics within OPEC and the eurozone ...
  • APM T secures Lazaro Cardenas T2 concession
    The Hague-based APM Terminals (APM T) has won the concession to build and operate a second container terminal at Mexico's second largest box port, Lazaro Cardenas. ...
  • Gothenburg's expectations for 2012 on a high
    Gothenburg expects 2012 to be a good year following the decision of the Grand and New World Alliances (GA and NWA) to put one of their joint services from Asia ...

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TradeWindsweb site
DECEMBER 30, 2011
  • Grand China reneges
    The dispute between Vafias and Grand China has culminated in the alleged repudiation of a five-year charter.
  • Refinery turns off taps
    No tankers will be loaded until further notice at the troubled Petroplus group's Antwerp refinery.
  • Limak buys Turkish port rights
    Nihat Ozdemir and Sezai Bacaks'z led conglomerate moves into port business with 36 year concession to operate Iskenderun.
  • SCI sells more elderly ships
    State backed shipping company Shipping Corporation of India has sold more dry bulk tonnage earning an estimated $21m as part of a fleet modernisation plan.
  • Mipo agrees delivery delay
    Ulsan based shipbuilder Hyundai Mipo has agreed to postpone delivery of a series of bulk carriers for an owner and has said it is optimistic on maintaining sales figures next year.
  • Yard blast kills four
    A key supplier to South Korea's major shipyards has been rocked by a fatal accident at one of its factories.
  • Vinalines survivor is found
    Crewman of Vinalines Queen picked up by passing Japanese vessel after five days adrift at sea.
  • More Rena oil washes ashore
    Storms lead to further pollution as salvors make good progress in removing cargo from wrecked Costamare containership.
  • Hedland ore exports surge
    Exports of key steel making commodity have jumped over 25% in November compared to a year ago.
  • Loan for greener Russia ports
    European Bank for Reconstruction & Development agrees ten-year loan for state body in charge of port infrastructure.
  • NOL's Cheng set to retire
    Twenty-year veteran of Singapore state-owned liner operator set to call it quits as chairman in April.

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The Bunker Bulletinweb site
DECEMBER 30, 2011
  • Cargo vessel adrift off Chennai coast
    The OSM Arena is believed to be carrying around 400-tonnes of bunker fuel.
  • Light trading across the Americas
    Oil prices for 2011 settled up 13%.
  • Looking back at 2011
    The past 12 months have been a monumental green year for shipping with the adoption of the first legally binding climate deal.
  • Markets busy on final trading days of 2011
    Traders across Europe report large number of enquiries during Thursday and Friday.
  • Week ends with steady to firm bunker prices
    Fujairah market ends week higher after several days of largely stable prices.
  • Sulphur issues to look out for in 2012
    New global sulphur limit and North American ECA may bring supply challenges, Californian limits will change and EU Sulphur Directive revisions may be adopted.
  • Saudi Aramco issues new bunker specification for 2012
    Maximum sulphur content now aligned with the new global sulphur limit that is about to take effect.
  • Week ends with price of bunkers up at key Asian ports
    Low demand for bunkers across major Asian ports on last Friday before New Year.
  • Fuel continues to leak from grounded Rena
    MNZ ready to launch another large scale response 'if and when that oil is released,' says spokesman.
  • Hong Kong supplier to impose surcharge for Chinese New Year
    Surcharge of between $2,000 to $5,000 will apply for bunker deliveries during the Chinese New Year week.
  • MDO engine recognised for meeting Tier III emission limits
    Statement-of-fact document first ever awarded by ClassNK to such an engine.
  • Gulf Petrochem to expand worldwide operations in 2012
    Aims to start bunkering in Singapore from early 2012.
  • Gazprom Neft eyes bunkering terminals network
    Group plans to maintain a 'high level of investment' in 2012.

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