ShipStore web site ShipStore advertising
testata inforMARE
ShipStore web site ShipStore advertising

24 September 2021 The on-line newspaper devoted to the world of transports 23:36 GMT+2




free news
The Business Timesweb site
MARCH 5, 2012
Shipping News
  • Baltic index's gain smallest in six sessions
    The Baltic Dry Index, a measure of global commodity-shipping costs, gained the least in six sessions on Friday as a surplus of vessels prevented owners from boosting freight rates.
  • IMO set to clash with EU on vessel CO2 emissions
    The International Maritime Organization (IMO) is making little headway on market-based measures to curb carbon dioxide (CO2) emissions from international shipping, putting it on a policy collision course with the European Union, observers said last Saturday.

free news
Sched Netweb site
MARCH 5, 2012
  • Asia-Europe rates soar 71pc to US$1,412/TEU as transpacific slips 0.8pc
  • CMA CGM ups Asia-Europe rates US$408/TEU, adds 5 surcharges from April
  • New MSC ship accident: 4,437-TEU Carole runs aground on reef off Jakarta
  • OOCL raises rates on southeast Asia-Oz trade US$200/TEU from April
  • Sydney's Port Botany volume increases 2pc to 621,000 TEU in 2011
  • SeaCube box lessor 2011 profit rises 27pc to US$44 million, sales up 23pc
  • Guangzhou and Maoming joins hands on port projects
  • OOCL switches terminals in New York and Le Havre on Atlantic Express loop
  • Bangladeshi exporters lose their Singapore bypass service to China
  • Delhi earmarks US$305 million to dredge Mumbai's JN port to 14 metres
  • Union Pacific CEO Young takes leave for pancreatic cancer treatment
  • Asia Maritime 2012 holds 3-day Singapore conference March 14-16
  • Erratum: Asia-West Africa Trade Agreement GRI notice wrongly dated
  • Evergreen links up with NYK, Hanjin, Hyundai on South America service
  • China Southern experiments with Shanghai-Sydney cargo flight service
  • Royal Jordanian EU carbon tax surcharge unsettles Indian forwarders
  • Changi Budget Terminal closes Sept 25, to be replaced by Terminal 4

free news
Exim Indiaweb site
MARCH 5, 2012
  • Adoption of global containerised freight e-commerce continues to expand
  • APM Terminals Inland Services inks MoU to start CFS operations in Kochi
  • Capesize charter costs could drop further
  • Govt mulls insurance cover for ships moving Iran oil
  • Lift and Shift achieves an extraordinary high in heavy lift/project cargo transport in India
  • Rear Admiral (retd) Shrawat appointed Mazagon Dock CMD
  • Shippings impact on world oceans well regulated: ICS
  • Tolani Shipping assures full cooperation in investigation into collision incident off Kerala coast
  • Vijay Tanks & Vessels ships colossal storage sphere to Australia
  • Customs duty hike on power gear imports to be announced in Budget
  • Exports increase 10.1 pc in Jan. to $ 25.34 bn
  • Exports to Iran to increase, says Fieo
  • Iran pays Indian exporters in rupees
  • Ministry plans hike in steel import duty
  • ' slips to 3-wk low of 49.50/51
  • EU steps have eased global slowdown threat: IMF
  • Forex reserves zoom to $295 bn
  • Trade deficit nears $ 150 bn
  • India, China plan maritime dialogue to augment trust
  • India's largest zinc sulphate plant inaugurated
  • Combined WWPC power moves 54 wind turbines from Spain to Ethiopia via Djibouti
  • Multitrade Spain manages massive 336 railcar transportation project from Spain to Venezuela
  • Rickmers-Linie expands China coverage

free news
Marine Logweb site
MARCH 2, 2012
  • Germany's FSG books order for versatile project cargo duo
  • Statoil to invite tenders for a new type of jack-up rig
  • Coast Guard detains Singapore-flagged car carrier

free news
World Wide Shipperweb site
MARCH 2, 2012
  • Celebration marks arrival of Emirates flights to Sea-Tac
  • U.S. railroads post up/down numbers for week
  • NYK Group earns recognition for 2011 environmental report
  • Olympia Port Commission Oks deal with Lorig Associates
  • Coast Guard taps Seattle native as top reserve enlisted person

news on subscription
Lloyd's Listweb site
MARCH 2, 2012
  • Shipping defaults could wipe out some banks' equity
    Germans in firing line due to KG exposure
  • SCFI gains a fifth as Asia-Europe box rates soar
    Surge in Shanghai Containerised Freight Index provides further evidence of box lines' success in ramping up westbound rates from Asia
  • Can the Asia-Europe boxlines make spring rates hikes stick?
    Newbuildings threaten further imbalance between supply and demand
  • NYSE to delist Horizon Lines common stock
    Jones Act liner major loses appeal against October suspension notice
  • Petrobras books Euronav ULCC for storage
    Brokers report TI Europe fixed for six months, with options, at just $20,000 a day
  • Optimistic DVB to hike lending in 2012
    Banker worried about shipbuilding capacity and run-down ships
  • Höegh LNG inks 10-year charter with Lithuania for newbuilding regas unit
    Norwegian company says deal will generate $50m a year
  • SISI sees slower growth in global cargo throughput this year
    Lacklustre global economy weighs on sentiment
  • Goldman Sachs and Fredriksen linked to Torm restructuring
    Investment bank tight-lipped over reports of proposed equity deal
  • NewLead opts for one-for-five reverse split
    Greece-based owner moves to regain compliance with Nasdaq rules on minimum bid price
  • Brokers' hopes dashed as capesize rates flatten
    Chinese new year bounce-back proves short-lived
  • Chinese iron ore imports under threat from ramped-up domestic mining
    Mixed signals regarding 2011 demand for foreign iron ore could hit capesize market
  • Lloyd Fonds KG fund in insolvency threat
    Fund seeks fresh capital amid a wave of insolvencies
  • Bashing the bankers
    Defaults are putting lenders under severe stress
  • Lyttleton Port Christchurch defers cruise berth decision
    New Zealand construction costs soar after earthquake
  • MEND offers to negotiate release of crew held by Nigeria pirates
    But expert suggests links between pirates and anti-oil militants
  • Will GRIs come to grief?
    It is far too early to hail last week's rate hikes as a success
  • UK government shuns industry-led standards for armed guards
    Lancaster House conference on Monday will take first steps creating new regime
  • Oriental Precision placed under creditors' restructuring
    South Korean machinery maker suffers amid industry woes
  • SCI cancels Iranian crude shipment after insurers deny coverage
    Suexmax fixture halted last month ahead of tougher European sanctions
  • Statoil to tender new type of $500m rig
    Norwegian oil group will use 'cat J' rigs to drill in mature oil fields off of Norway
  • Japanese buyers seek force majeure for Iran contracts
    Pressure builds to add clause to insurance agreements from April
  • Ezra builds warchest for subsea projects
    Singapore-listed offshore contractor sells 5.6% of its stake in Ezion
  • Second ballast water system taken off the market
    Pulled technology had secured type approval
  • Ningbo box volume growth soars in February
    Shippers scramble to move cargo ahead of Asia-Europe price hikes
  • Capital market enthusiasm for shipping remains muted, owners told
    IPOs are currently viable for LNG carrier owners but the sector is an exception
  • Detained Beluga Participation in insolvency case
    Questions who owns vessel held in Mumbai
  • Hanjin joins April general rates push
    South Korean boxline plans $400 per teu hike on Asia-Europe trades

news on subscription
Fairplayweb site
MARCH 2, 2012
  • Cruising grilled on taxes
    A PROMINENT US lawmaker has questioned whether the cruise industry is paying its fair share of US taxes
  • NewLead goes for split
    NEWLEAD Holdings today announced a 1-for-5 reverse stock split to bring its share price comfortably above NASDAQ's minimum
  • Allied stuck in crosshairs
    GREEK drybulk operator Allied Maritime is being besieged by legal action and allegations of unpaid bills, court documents reveal
  • Three found guilty in 1988 ferry terrorism
    A FRENCH court today convicted three men for their part in a 1988 terrorist attack on a Greek ferry that left nine people dead and 100 injured
  • Far East/Europe box rates jump
    SPOT RATES on key Far East/Europe trade lanes jumped markedly higher this week, driven by liners' push for increases, Arctic Securities said
  • Pacific Basin shares rally
    HONG KONG drybulk shipper Pacific Basin's shares today closed 6% higher at HK$4.23 ($0.545), despite posting lower annual profits yesterday
  • Maybulk seen coiled for S&P strike
    MAYBULK, which has been largely absent from the S&P and newbuilding markets, might be returning this year, a shipping analyst said today
  • UK deals focus on pirate suspect transfers
    THE UK has initiated a range of steps to counter piracy since last week's Somalia conference
  • Nickel drives Supramax surge
    THE INFLUX of coal and nickel ore cargoes has sparked a Pacific Supramax rate climb this week
  • ISS pushes into logistics
    ISS CEO Claus Hyldager has completed the port agency specialist's restructuring, which he told Fairplay would "ensure balance across the regions, yet provide much-needed flexibility"
  • VLCCs rise on March coverage
    CHARTERING of VLCCs has surged this week with players rushing to cover voyages for the last two weeks of March

news on subscription
The Journal of Commerceweb site
MARCH 2, 2012
  • Horizon Boosts Rates on Puerto Rican Trade Lanes
    Horizon Lines said Friday it will raise freight rates on cargo moving between the U.S. and Puerto Rico as of...
  • Trans-Pacific Containerized Trade: Interactive Graphic
    How many TEUs did Japan export to the U.S. in 2009? What is the forecast for U.S. containerized trade with...
  • Rate, Surcharge Update for Week of Feb. 27- March 2
    Mediterranean Shipping imposed a general rate increase on westbound cargo from India to North Europe and the...
  • Pantos Logistics Opens Dutch Logistics Center
    Pantos Logistics recently opened a roughly 31,000-square-foot logistics center near the Port of Rotterdam to distribute vehicle parts across Europe....
  • India's Port Nehru Gets Closer to Handling Larger Ships
    The Port of Jawaharlal Nehru (Nhava Sheva) will be able to handle deep-draft vessels and expand throughput capacity in roughly...
  • James River Coal Expects Shipment Growth via CSX, NS
    James River Coal in 2012 expects to ship at least 3.3 percent more coal from the Midwest and Central Appalachia...
  • West Coast Ports' Long Haul
    When U.S. ports in the Pacific Northwest talk about rival Prince Rupert, British Columbia, words such as "diversion" and "unfair...
  • Currency for Trade
    February's visit to the U.S. by China's likely next leader, Xi Jinping, provides policymakers and business leaders in both countries...
  • Export Growth Loses Steam
    U.S. containerized exports started 2011 with a bang before slowing in the fourth quarter, but the outbound business finished the...
  • Mixed Bag in Asia-US Trade
    2011 was a year of contrasts in the Asia-U.S. trade. U.S. containerized imports from Asia were essentially flat, inching up...
  • Port Possibilities
    Republicans are hoping the bankruptcy of solar panel manufacturer Solyndra will create a Watergate-like scandal for Democrats. The GOP is...
  • Trucking Pioneer Henry Vander Pol Dead at 95
    Henry Vander Pol, a trucking pioneer who helped establish two motor carriers in the Pacific Northwest, died Wednesday in Auburn,...
  • EEOC Sues Celadon Trucking For Illegal Medical Exams
    The U.S. Equal Employment Opportunity Commission is suing Celadon Trucking for allegedly requiring prospective employees submit to illegal medical tests....
  • Celadon Trucking Acquires Teton Assets, Drivers
    Celadon Trucking will get trucks, trailers and, perhaps most important, badly needed truck drivers from its purchase of Teton Transportation's...
  • Union Pacific CEO Young Takes Medical Leave
    James Young, chairman, president and CEO of Union Pacific Corp., the largest U.S. railroad, will take a medical leave of...
  • 2 Million TEU Port to Open in UAE in Late 2012
    The Abu Dhabi Port Co. plans to open a port with an initial annual capacity of 2 million 20-foot equivalent...
  • Indexing World Trade
    At times, it seems the only thing shippers, forwarders and carriers share is a common mantra: They say they want...
  • Swapping Data
    It's fine to have an opinion but better to base the opinion on facts, especially if millions of dollars are...
  • New Winds Blowing
    As the industry gathers in Long Beach this week for the 12th Annual TPM Conference, shippers face a more complex...
  • Looking Ahead
    When shippers, ocean carriers and others gathered for The Journal of Commerce's annual Trans-Pacific Maritime Conference three years ago in...
  • Broker Caught In the Line of Fire
    Q: You've addressed the issue of brokers paying carriers and carriers not paying subcontractors many times, yet I find myself...
  • Hanjin Will Boost Asia-Europe Rates Again
    Hanjin Shipping joined other carriers on Friday in announcing a second round of freight rate increases on its westbound Asia-Europe...

free news
Containerisation Internationalweb site
MARCH 2, 2012
  • Auckland port dispute to end in court
    That seems to be the only way forward from the intransigence emitting from both the Port of Auckland's [PoA] management and the Maritime Union of New Zealand's ...
  • MSC transfers big vessels into transpacific tradelane
  • Bunkers spike another USD13 in morning trade
    Ocean carriers and short-sea operators are nervously watching the oil markets again after the cost of Rotterdam-sourced IFO 380 soared by USD13 per tonne in trading ...
  • DFDS slips in Q4 11
    Denmark-based DFDS saw its profitability slump in Q4 2011. Compared to Q3 11, its revenue fell by 12%, down to DKK2,746 (USD479) million, out of which operating ...
  • MSC boxship sub-let from Maersk, owned by Seaspan steams into Jakarta reef
    APL - which has a slot charter agreement with Maersk Line on its China - Australia - New Zealand VSA service operated by the Danish carrier and Geneva's MSC - has ...
  • CMA CGM joins rate increasing bandwagon
    CMA CGM has joined the list of ocean carriers seeking a second bite of the freight rate cherry in the tradelane from Asia to Europe. It has announced that it will ...
  • Eurozone jobless hits new record, but pain mainly in Spain
    Unemployment in the 17 nation eurozone rose again in January to 10.7% - there are now 16.9 million people out of work in the single currency states. However, the ...
  • RCL also suffers from 'weak shipping environment'
    Posting a full-year net loss of THB780 (USD25.8) million for 2011, Thai-based intra-Asia carrier, Regional Container Line [RCL], said that 'continued over-capacity ...

news on subscription
TradeWindsweb site
MARCH 2, 2012
  • SBLK cape in Turkish scrape
    Jewel of Star Bulk Carriers' capesize stable out of commission after scraping bottom on entry to port of Eregli.
  • BLT enlists reinforcements
    Cash-strapped Indonesian owner crowns restructuring commander as concerns over depth of financial troubles mount.
  • NewLead readies split
    Greek owner lines up cure for Nasdaq deficiencies as share price lingers below key threshold.
  • Solvang back at HHI
    Oslo-listed LPG operator returns to Korean yard for a second Very Large Gas Carrier.
  • Threat sparks ship evacuation
    Passengers disembarked as crew conduct security sweep of ship after hoax message.
  • Troim: no rush with cash
    John Fredriksen's lieutenant says tycoon will take his time before splashing the $1bn burning a hole in his pocket from Seadrill share sale.
  • SBM Offshore takes a $1bn hit
    Eyewatering impairments push Dutch offshore specialist to a massive loss as platform pain goes on.
  • Yard in bankruptcy fight
    Mykolaiv court starts proceedings against Chernomorsky two weeks after it posted annual profit.
  • Nigerians confirm capture
    Trio of seafarers snatched from a Dutch reefer off the coast of Nigeria this week are alive and well.
  • Sinochem saves Dorval
    Japanese tanker owner planning joint venture with Chinese petrochemical trader in bid to take it out of court administration.
  • Tzitzis and Papalios team up
    Greek owners in the market for tonnage for Icon Shipping partnership
  • Farstad ditches old Ladies
    Karl-Johan Bakken-led company sells early 80s built anchor handlers.
  • Matching investment and talk
    Derivatives defended, the merits of avoiding business contraction and fitting in time for sleep in a crisis.

news on subscription
American Shipper - Ocean newsweb site
MARCH 2, 2012
  • K+N offers wireless temperature control
  • Conrad: Smaller TP lines a 'barometer of the trade'
  • Coast Guard detains ship in Portland
  • Union Pacific CEO takes medical leave
  • Delmas adds Algeciras to 5 West Africa loops
  • Hanjin raises Asia-Europe rates
  • Blue Tree, McLeod Software integrate
  • Pantos opens in Holland
  • Mercedes promotes FleetBoard in Ireland
  • CMA CGM's Asia-Europe rate increase plans

news on subscription
The Bunker Bulletinweb site
MARCH 2, 2012
  • Bunker prices surge across the Americas
    Demand in Cartagena was busy due to low volumes, according to players in the region.
  • Global bunker market experiences volatile week
    Bunker prices experience volatile week on back of a tense crude market falling victim to supply rumours.
  • Emulsion fuel producer gains increasing investor attention
    Investors looked for more information on why shares in producer of emulsion fuels had risen almost 50% in three days.
  • No consensus on outstanding part to GHG agreement
    Disappointment at MEPC 63 as a resolution needed before a new part of MARPOL Annex VI enters into force remains contested.
  • New fuel efficiency monitoring system launched
    Transas estimates that optimal operation of technology could lead to fuel savings of approximately 5%.
  • Bunker prices jump in European ports
    NYMEX showing losses of more than $1 in early trading.
  • Gazpromneft Marine Bunker looking for 10% growth
    New barge acquired for St. Petersburg operations.
  • Prices firm across Middle East and Africa
    Quiet market activity in Suez.
  • Reefer company reports widening losses
    Blames high bunker prices and falling freight raters.
  • Sanctions against Iran hit Fujairah bunker market
    'Fujairah's loss and a big gain for Singapore,' says trader.
  • Bunker prices firming in key Asian ports
    Demand 'below average', say traders.
  • US agencies finalise restoration plans of Cosco Busan spill
    A total of $32.3 million will be spent on a variety of restoration projects, says NOAA.
  • Norway-based shipowner orders second LNG-powered forage carrier
    Rolls Royce NVC 401 Forage Carrier powered by Bergen C-Series gas engine.
  • 'Strong performance' in Grindrod's bunker business
    Company says it is in discussions for the 'potential' sale of 50% of its bunker business.
  • US bankruptcy court approves Genmar disclosure statement
    Approval of disclosure statement allows Genmar to solicit approval of reorganisation plan.
  • Sinopec Zhoushan monthly bunker sales volume down 15%
    Company sold 187,600 mt of bonded bunkers in February 2012.
  • Markets in the Americas fluctuate on crude concerns
    Crude oil prices rose above $110 a barrel for the first time since May.






Search for hotel
Destination
Check-in date
Check-out date






Index Home Page Press Review

- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail