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25 September 2021 The on-line newspaper devoted to the world of transports 00:17 GMT+2

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The Business Timesweb site
JANUARY 11, 2012
Shipping News
  • Alliances unlikely to end container lines' losses
    New alliances will probably fail to end container lines' losses on Asia-Europe routes as they won't reduce the overcapacity that has caused rates to plunge.
  • Threat to Hormuz shipping seen receding, oil falls
    Iran is unlikely to shut down oil shipping through the Strait of Hormuz in response to Western sanctions, President Barack Obama's former adviser on Iran said.
Strait Talk
  • Bimco's 2012 wish list
    AT THE beginning of the year, it is traditional to look ahead at what opportunities and challenges the coming 12 months could bring. In the case of 2012, it looks like the challenges could dominate.

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Sched Netweb site
JANUARY 11, 2012
  • Zim's finances come under closer scrutiny as investors grow anxious
  • Hainan's Grand China debts mount, reneges on charter payment pledges
  • Idle containerships number 246, totalling 595,000 TEU as 2012 begins
  • Nigerian general strike brings largest cities to a standstill
  • Chongqing's foreign box volume up 64.3pc to 234,000 TEU first 11 months
  • Xinjiang 2011 January-November railway cargo movement edges up 0.3pc
  • BIMCO calls for greater international regulation of world shipping
  • Kerry Logistics builds 70,000-square metre warehouse in Zhengzhou
  • 'Click-to-Accept' draft bill of lading now available on OOCL website
  • APMT to spend US$135 million to raise throughput at Lagos Apapa terminal
  • One Indiana freight rear-ends another, which jackknifes into yet another
  • Nigerian airports count financial losses as stay-at-home strike takes hold
  • Belgium's Liege Airport emerges on top with cargo rising 5.5pc in 2011
  • Two Hainan airports passenger throughput surpasses 10 million
  • United Continental December's revenue passenger miles fall 0.7pc
  • HAFFA applauds public response to Hong Kong's third runway proposal

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Exim Indiaweb site
JANUARY 11, 2012
  • Allcargo CFS, Mundra hosts disaster risk management workshop
  • Ministry of Shipping comes out with draft chartering methodology
  • OECDs global freight statistics confirm market stagnation
  • Safmarine launches Android e-shipping application
  • Officers association felicitates MbPT's new Chairman
  • L/C a boon to international trade
  • Sakthivel takes charge as AEPC Chairman

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International Transport Journalweb site
JANUARY 10, 2012
  • Pacific highway duplication work underway in Australia
    Work on Australia's largest road construction project, the full duplication of the Pacific Highway, continues to gather pace following the turning of the first sod on the upgrade ...
  • DB Schenker North Rail Express successful in first year
    In the first year of operations DB Schenker's North Rail Express shipped about 25,000 containers on the 1,960 km route between the Norwegian capital Oslo and the Arctic Circle town...
  • Definite liquidation for channel ferry SeaFrance
    A Parisian commercial court has ruled that ferry operator SeaFrance is definitely to be wound up and its activities terminated with immediate effect. A project that sought to save ...
  • Freightliner Heavy Haul signs new deal with EDF Energy
    Freightliner Heavy Haul and EDF Energy have entered into a new rail haulage agreement for coal deliveries to EDF Energy's power stations at Cottam and West Burton (both England). ...
  • Yusen Logistics UK launches Shanghai service
    Yusen Logistics (UK) has commenced a direct weekly LCL service from Shanghai to Southampton, as part of its ongoing launch of many new services. The company stated that the option ...
  • Rotterdam cargo throughput up in 2011
    Cargo throughput in the port of Rotterdam increased by 0.8% in 2011, reaching 433 million t, or 3 million t more than the record set in the previous year. Container handling incre...
  • Kerry Logistics expanding in China
    Kerry Logistics is expanding its presence in central China, building a new logistics centre in Zhengzhou (Henan province). Construction will begin in Q2/2012, with completion sched...
  • CHEP and Eckes-Granini extend collaboration
    CHEP, a leading provider of pallet and container pooling solutions, has signed a new three-year contract with Eckes-Granini Germany, a marketing and sales specialist for alcohol-f...
  • Air Zimbabwe avoiding London and Johannesburg
    The Southern African carrier Air Zimbabwe has stopped flights to Johannesburg (South Africa) and London (UK). Transport minister Nicholas T. Goche would appear to fear that the fl...
  • Tampa renovating for international flights
    Tampa international airport (USA) is hoping to attract more overseas flights and to this end is investing USD 28 million in upgrading its capacities to handle three wide-body inte...
  • European airfreight volumes down in November
    Freight traffic at European airports continued to weaken significantly in November 2011, falling by 5.5%. Olivier Jankovec, the director general of ACI Europe, said that since las...
  • New staff for Hertzog & Partner in Hamburg
    The German company Elmar Hertzog und Partner Management Consultants, a specialised personnel and advisory company for the logistics, supply chain management and transport sector, ...

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Marine Logweb site
JANUARY 10, 2012
  • Art Anderson Associates makes VP appointments
  • Hijacked chemical tanker may be pirate mother ship
  • Maersk Line Limited completes heavy-lift vessel reflagging
  • Chinese satellite-tracking vessels to have MAN Diesel & Turbo propulsion packages
  • Austal to build new design wind farm support vessel for Turbine Transfers
  • Video released on new Cuba ferry service

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World Wide Shipperweb site
JANUARY 10, 2012
  • Kunkle new commissioner at Port of Moses Lake
  • Diana Oks purchase of two container ships
  • International Chamber of Shipping inks flag state performance table
  • Safmarine taps Grant Daly as new chief executive officer
  • Department of Commerce schedules India trade mission

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Lloyd's Listweb site
JANUARY 10, 2012
  • Exclusive: Syndicated loans supply remains tight
    Existing clients, LNG and offshore get priority say top-three shipping bankers
  • China's oil imports rise 6% in 2011
    Investment in infrastructure drives demand
  • Opportunities outweigh challenges for Australian LNG
    Positive growth prospects allay fears of project delays
  • Chinese demand and coalbed methane lift Australian LNG exports
    Gorgon project will drive Australia's exports
  • Safmarine chooses new chief executive
    Head of multi-purpose vessel unit Grant Daly takes up new position at start of February
  • Panamax owners idling ships as charter rates keep falling
    Brokers report extremely quiet cargo demand in contrast to a growing list of tonnage as January newbuildings are delivered
  • Chinese shipbuilder resolves Beluga newbuildings dispute
    Oaktree redeploys bankrupt heavylift company's tonnage
  • Oversupply of aframaxes leads to cross-Mediterranean rates plunge
    Brokers predict prices will stabilise at W100
  • P&O Ferries poised to join the bidding for SeaFrance ships
    Dover-Calais operator has held preliminary talks with administrator over 'good, modern tonnage'
  • New Year's resolution: learn to embrace the social media
    The industry is increasingly going digital and we all need to get better at it
  • When the dominoes fall
    Global crisis exposes the ties that bind shipping and commerce
  • ICS urges owners to put pressure on weak flag states
    Performance table highlights gaps between the best and worst ship registers
  • Cork increases box throughput 5%
    Imports remain below 2007 levels
  • Maritime law firm launches in Hong Kong
    HWB hires 50 ex-Reed Smith staff
  • Will Greeks keep their foot on the gas?
    Most of the established Greek LNG owners appear well stocked with newbuilding programmes
  • Vintage LNG carriers' rates revised up as much as $25,000 per day
    Fixing rates for LNG Libra and WilEnergy bring new hope for older tonnage
  • Diana Containerships buys two APL boxships
    Second deal in a month lifts Greek owner's growing fleet to nine
  • Australian LNG project sells remaining volumes
    Deal signals Australia's role as major player in LNG export industry
  • Law Commissions' consultation likely to end in reform
    Role of the marine insurance broker will change and the insurer will face pressure to pay claims early
  • Q&A: Paul Silver, Association of Average Adjusters
    Chairman calls on insurers to support training programme
  • Chinese ore imports post a record year
    But steel mills have stopped buying ore as stockpiles have risen
  • A better class of seafarer
    Philippines closures of substandard academies will benefit safety and students
  • Fall-off in exports could affect boxship demand
    Intra-Asia trades expected to grow faster over next three years than longer Asia-Europe routes
  • Portuguese port workers strike to defend Aveiro jobs
    Row centres on port company bankruptcy threat
  • New drive to agree carriage and use of arms against Somali pirates
    Coalition brings together governments and private military security companies

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Fairplayweb site
JANUARY 10, 2012
  • Huge Brazilian yard gains bridge funding
    BRAZIL'S Açu Shipbuilding, billed as 'the largest shipyard in the Americas', has obtained $228M in bridge funding, owner OSX confirmed today
  • Rough rates ride warned
    WELLS Fargo analyst Michael Webber today predicted that product tanker rates will recover this year faster than those for crude
  • EU to weigh Iran moves earlier
    AS FEAR keeps rising about Iran's nuclear ambitions and military capability in the Strait of Hormuz, EU governments today pushed ahead a meeting on sanctions
  • LDA, DFDS re-enter SeaFrance picture
    DANISH ferry operator DFDS and its French partner Louis Dreyfus Armateurs have offered to take on 300 SeaFrance workers to operate a two-ferry Calais/Dover service
  • Smedegaard sees prompt Channel start
    DFDS's CEO Nils Smedegaard told Fairplay today he hopes to start up its newly announced Dover/Calais service "as quickly as possible" - but "it will not be within the next two weeks"
  • Höegh LNG unveils $12M charter deal
    NORWAY'S Höegh LNG said it has chartered the 1979-built LNG Libra for six months from July
  • ICTSI guarantees offering
    PHILIPPINES port operator ICTSI plans to guarantee its subsidiary's follow-on offering of $200M in securities, to be used for port acquisition and expansion
  • High bunkers, unsustainable rates hit NOL
    SINGAPORE securities firm OCBC Investment has maintained its 'sell' call on flagship carrier NOL, calling a recent rebound in freight rates unsustainable
  • Box operators stress short
    BOX SHIP operators are shying away from longer extensions and charters as they want to see how Asia restarts after the Lunar New Year holidays
  • Lunar New Year prompts early VLCC bookings
    THE LUNAR New Year holiday's approach has driven charterers to cover China-bound voyages for early February, while requirements for this month are mainly completed, brokers told Fairplay today
  • COSCO charters extended
    CHINA COSCO Holdings said subsidiary Shanghai Ocean Industrial has extended the bareboat charters of two Panamax bulkers to another subsidiary, COSCO Qingdao
  • Rig builders win support
    SHARES of Singapore rig builders Keppel and Sembcorp Marine closed higher today after analysts sounded bullish notes
  • Steel cooling hurts Capesize rates
    CAPESIZE bulker rates have collapsed because of a huge gap between year-end FFA prices and spot freight rates and cooling Chinese steel production

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The Journal of Commerceweb site
JANUARY 10, 2012
  • Reddaway Adds Next-Day LTL Service Lanes
    YRC Worldwide subsidiary Reddaway is speeding shipments in the West, launching a next-day service linking Las Vegas with cities in...
  • Rena Owner Will Continue to Pay for Salvage
    Costamare, the Greek shipping company that owns the wrecked Rena, reassured New Zealanders it will continue to fund the salvage...
  • Wal-Mart Honors 11 Trucking Suppliers
    The world's largest retailer, $419 billion Wal-Mart Stores, is also one of its largest shippers, managing a transportation network supplying...
  • Hamburg Sud Upgrades US Gulf-Latin American Loop
    Hamburg Sud will add a seventh container ship to its weekly service between the U.S. Gulf, Mexico and Central and...
  • FMC Filings Argue Harbor Tax Doesn't Shift Cargo to Canada
    Importers aren't shifting U.S-bound containers through Canadian ports because they want to avoid paying the Harbor Maintenance Tax, according to...
  • Activist Investor Vows Proxy Fight Over CP
    An activist hedge fund investor said he will wage a proxy battle to replace the top leadership of Canadian Pacific...
  • Seattle Seeks to End Harbor Tax 'Loophole'
    The Port of Seattle is stepping up pressure on the Federal Maritime Commission over U.S.-bound imports passing through Canada, calling...
  • Safmarine Taps 17-Year Veteran as CEO
    Safmarine named a new CEO on Tuesday, Grant Daly, a 17-year veteran with the recently integrated multi-purpose vessel unit of...
  • Truckload Rates Up 8.6 Percent, Cass Says
    Truckload linehaul rates rose 0.7 percent in December from the previous month and were up 8.6 percent year-over-year, according to...
  • First Maersk-Rickmers Ship Put Under US Flag
    Maersk Line Ltd. has placed under U.S. flag the first of two multipurpose heavy-lift ships it will operate in partnership...
  • Diana Buys Two APL Containerships
    Diana Containerships is buying two Panamax containerships under a purchase and leaseback agreement signed Tuesday with APL. The NYSE-listed...
  • FMC Looks to Raise Costs for US NVOs in China
    The Federal Maritime Commission is proposing a change in rules that will make it more expensive for U.S. non-vessel-operating common...
  • SeaFrance Liquidated, Rivals Move to Plug Gap
    SeaFrance was officially liquidated after a Paris court rebuffed the latest rescue bid for the heavily indebted French ferry company....
  • Zim Hikes Rates From India Subcontinent to Europe
    Zim Integrated Shipping Services imposed a general rate increase on westbound cargo from the Indian Subcontinent to North Europe and...
  • Alphaliner Says Shipping Overcapacity to Accelerate
    Ocean carriers face a growing capacity glut in 2012, especially on the key Asia-Europe trade lane, as ship deliveries accelerate...
  • Indian Port Container Traffic Rises 4 Percent
    Container throughput at major ports in India in April through December increased 4 percent year-over-year, but the ports are unlikely...

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Containerisation Internationalweb site
JANUARY 10, 2012
  • Should shippers fear the Dragon's roar?
  • German exports regain momentum
    Ahead of fourth quarter and full-year GDP numbers due from Germany on Wednesday, there is evidence that the EU's largest economy is still finding markets for its ...
  • Yusen launches direct service from Shanghai to Southampton
    Yusen Logistics has introduced its own weekly LCL service between Shanghai and Southampton, replacing a co-loading groupage operation with other forwarders. This ...
  • Nigeria still at a standstill
    Violence is spreading across Nigeria, but particularly in the commercial hub, Lagos, as the general strike caused by the Government's elimination of a subsidy on ...
  • Saigon New Port orders additional RTGs
    Saigon New Port (SNP), which operates the Tan Cang Cat Lai Terminal in Ho Chi Minh City is to phase in additional rubber-tyred yard gantry cranes (RTGs) to cope ...
  • NYK boosts Intra-Asia/Transpac slings
    NYK has bolstered its offering in both the China/India and transpacific markets: it has boosted its presence in the China/India/Pakistan market via slots on Emirates ...
  • GAC acquires Lehmann's shipping assets
    Dubai-based GAC Group, the global maritime services entity, has strengthened its ship, liner agency and project cargo logistics network by acquiring all of the ...
  • Rena: stern section sinks
    The stern section of the boxship Rena finally gave up today to go to its watery grave submerged on its tormentor the North Island, New Zealand's Astrolabe Reef; ...
  • Delta Shipping joins forces with SCA
    Hamburg-based Delta Shipping has rationalised its services between Northern Europe and Russia with those of Sweden-based SCA Transforest, the transport arm of forest ...
  • Sarkozy: eurozone 'very tense'
    Following their first meeting of the year in Berlin yesterday, German Chancellor, Angela Merkel, and French President, Nicolas Sarkozy, called for the hastening ...
  • Auckland dockers begin 48-hour strike as port rejects union offer
    300 dockworkers at New Zealand's Ports of Auckland container terminals began a new two-day strike last night after port management rejected the union's counter-offer ...

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TradeWindsweb site
JANUARY 10, 2012
  • Analysts praise DCIX deal
    Equity gurus applaud containership acquisition that may mark the end of the US-listed owner's one-month spending spree.
  • Exodus rattles Reed Smith
    Newly established law firm storms Asian arbitration arena after poaching 15 attorneys from local leader.
  • Renda limps towards Nome
    Ice delays urgent fuel delivery as USCG struggles to escort Russian products tanker in Alaskan rescue mission.
  • Eike lands Acu funds
    Brazilian billionaire Eike Batista's OSX Brasil secures $227.9m to help with the development of its greenfield shipyard.
  • MLL & Rickmers raise US flag
    Heavylift venture brands first of two ships with red, white and blue as it steps up invasion on US market.
  • Strike hits Lagos
    At least 29 ships stuck as Nigerian protests over removal of fuel subsidy grow.
  • Capital clinches upgrade
    Gradual recovery in the product tanker arena will help revive shares of Evangelos Marinakis-led owner, analyst says.
  • Diana takes NOL twins
    New York-listed Diana Containerships reveals its second double buy in two months.
  • Fjord Line fancies Sweden
    Norwegian operator eyeing deal to serve Stromstad from Oslo Fjord.
  • Wells downs OSG
    Wells Fargo urges investors to stay on the sidelines as market turbulence threatens shares of Morten Arntzen-led owner.
  • Citadel saves Spar bulker
    Security forces free Spar Rigel off Nigeria after crew hide from pirates in safe room.
  • BW Offshore offloads floater
    Australia-based FPSO Ningaloo Vision sold for $185m to current charterer Apache Energy.

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American Shipper - Ocean newsweb site
JANUARY 10, 2012
  • LB to hold grain export facility hearing

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The Bunker Bulletinweb site
JANUARY 10, 2012
  • Moves to open new ferry route between UK and France
    News comes a day after a French court ordered the liquidation of SeaFrance.
  • Prices climbing in European hub
    Tight supplies in Rotterdam.
  • Busy market in Fujairah
    Prices falling in South Africa.
  • Ferries seized over unpaid debt
    Writ served in French court.
  • Strikes close Nigerian ports
    Reports say oil exports unaffected.
  • Bay of Gibraltar bunkering: New call for EU intervention
    MEP claims there have been four spills in the Spanish port of Algeciras in the last year.
  • India's oil ministry advised on new global sulphur limit
    India's government has approved ratification of MARPOL Annex VI 'to avail the waiver of the requirements of compliance with the EEDI', says Ministry of Shipping.
  • Bunker prices largely up at major Asian ports
    Supplies mixed at key Asian ports on Tuesday.
  • Tanker management firm receives energy management certificate
    Maran Tankers Management gets ISO 50001 certification from Lloyd's Register.
  • ExxonMobil subsidiary raises safety alert on fuel quality
    'Significant increase' in number of incidents caused by fuel with high catalytic fines, says IMT.
  • Vessel sinks, releases 'bulk' of oil and cargo
    Australia activates national oil spill response plan to contain pollution at Christmas Island.
  • More oil released from stricken vessel off New Zealand
    Amount of oil 'fraction' of the size of spill released last October, says local maritime authority.

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