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16 September 2021 The on-line newspaper devoted to the world of transports 18:02 GMT+2




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Sched Netweb site
DECEMBER 2, 2013
  • CMA CGM cash injection fund 14pc increase in fleet, adding 208,300 TEU
  • Da Chan Bay Modern Terminals goes live with Navis' N4 operating system
  • Asian, European shippers want IMO to scrap box-weighing mandate
  • Fujian ports' 10-month cargo volume up 17pc to 15 million tonnes
  • Royal Mail first half operating profit doubles to US$461 million
  • N Europe-transatlantic box volume rises 4pc, capacity efficiently managed
  • Spanish prosecutors appeal against Prestige oil spill officers' acquittal
  • Ship arrest scope is widened by Dutch Court of Appeal, says law firm
  • Union Pacific Railroad starts Monterrey, Mexico-Chicago box service
  • Asia Pacific airlines' robust passenger growth October, cargo stabilises
  • Korean Air delivers US$99.8 million in relief goods to the Philippines
  • Kuehne + Nagel opens logistics hub in Atlanta to reach 80pc of US clients
  • Dubai International Airport sees cargo volumes rise 3pc in October

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Exim Indiaweb site
NOVEMBER 29, 2013
  • Leading port & maritime heads, policymakers, Customs officials grace CTL 2013
  • Schenker India eyes 20 pc revenue growth
  • SCI takes delivery of Kamsarmax bulk carrier
  • Vanguard celebrates the establishment of its presence throughout India with the trade
  • Dollar swap facility extended till Jan. 31
  • Exports to be hit by EU's move to end preferential tariff system for imports from India
  • Govt gives exemption on stock holding limits to exporters having IEC
  • STC issues two tenders to export 2.7 lakh t of wheat
  • APM Terminals Inland Services South Asia evacuates more than 2,700 TEUs in 7 days during the recent congestion at JN Port
  • Govt approves financial aid to KoPT to meet dredging expenditure
  • Major Ports may soon have dedicated cruise terminals
  • Pvt. port operators may be allowed earlier exit
  • Record discharge of coking coal at Paradip Port
  • Vasan opens parking yard to ease traffic congestion at Chennai Port
  • Forex reserves up further by $2.69 bn to $286.26 bn
  • Rupee loses early gains, closes weak at 62.44
  • InterMax of China acquires Yangtze River barge company
  • Kalmar relocates 850-tonne ship-to-shore crane at Port of Helsingborg, Sweden
  • Project forwarding training aims to boost performance

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International Transport Journalweb site
DECEMBER 2, 2013
  • Nemunas rail link offers new truck transport service
  • Nagel-Group establishes subsidiary in Norway
  • Kapsch delivering GSM-R technology to Hungary
  • Alitalia receives half of necessary funds
  • Commission ban on Georgian seafarers lifted
  • Penske Logistics working for Ducati in Brazil
  • EIM on track to further enlarge cooperations
  • Moskovia adds international services from Belgorod
  • EU and Ukraine skies to join forces
  • Salvat Logistíca new System Plus partner in Spain
  • Brasil Terminal Portuário officially opens in Santos
  • New roadside facilities for truck drivers in Australia
  • DNV greets new regional manager for Germany

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Marine Logweb site
NOVEMBER 29, 2013
  • Navy suspends Inchcape Shipping Services contracts
  • Carnival seeks efficiencies through HVAC upgrades
  • Wärtsilä has new Propulsion Test Center
  • Fincantieri to build Norwegian polar ship
  • Island Offshore back at Vard
  • Terntank orders enviro friendly tankers

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World Wide Shipperweb site
DECEMBER 2, 2013
  • Port, City of Bellingham schedule Waterfront District planning meetings
  • US teaming with Morocco for new customs agreement
  • K Line opening office in Yagon, Myanmar
  • Portland Airport earns award for food donation program
  • Evergreen Line adds Piraeus to Tripoli run

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Lloyd's Listweb site
NOVEMBER 29, 2013
  • The World Maritime University at 30
    WMU's aims are just as important today as global shipping industry develops
  • Hong Kong Shipowners' Association welcomes Koo as new chairman
    Torch passed from one shipping family to another
  • What happens next?
    Brussels prepares its statement of objections against the 14 boxlines
  • Lawyers question strength of Brussels' antitrust case against box lines
    European Commission is entering a grey area on price signalling, say legal experts
  • STX O&S delays deliveries of product tankers to Frontline 2012
    Troubled South Korean yard announces four-month delay
  • US Navy suspension of ISS contract linked to alleged billing irregularities
    UPDATE: Move said to relate to 2005-2008 supply deals
  • Bolloré clinches Dakar ro-ro concession
    French logistics group wins 25-year terminal contract
  • Former VLCC owner Saga Tankers slides into the red
    Expert questions whether owners regret moves to exit VLCCs
  • Tough times are here to stay for shipping
    Analysts paint bleak prospects for December's Asia-Europe rates hike
  • Bank forces Torm to sell four product tankers to Oaktree
    Financier will place vessels under Danish firm's commercial management
  • Korea Air veteran named Hanjin Shipping president
    Suk takes the helm after Young stepped down over deepening financial losses
  • Jetfoil collision injures 85 in Hong Kong
    Unknown object strikes high-speed ferry carrying 105 passengers
  • Wan Hai splashes out $41m on containers
    Taiwanese carrier purchases 12,700 boxes at $3,259 each from CIMC
  • Frontline 2012 targets New York listing in third-quarter 2014
    Fredriksen newbuilding vehicle faces challenges to construction programme
  • Coscol books four multipurpose vessels at $40m each
    Cosco unit approves plan for 36,000 dwt ships at CSSC yard

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Fairplayweb site
NOVEMBER 29, 2013
  • Mixed maritime response to Berlin grand coalition
    THE coalition deal between the Christian Democratic parties and the Social Democrats in Germany has sparked mixed reactions from the country's shipowning, port and logistics sectors
  • DHT secures $46M settlement from OSG estate
    NYSE-listed DHT Holdings said today it had settled damages claims it had lodged against bankrupt Overseas Shipholding Group for a total of $46M
  • NAO completes $250M Oslo placement
    NORDIC American Offshore has completed a $250M private placement in Oslo, the first step towards an NYSE listing that the company expects to consummate in the first quarter of 2014
  • Coal port dredging decision pending
    THE EXPANSION of Australia's Abbott Point coal port is likely to get the green light in coming weeks now the Great Barrier Reef Authority has discredited a report critical of dredging, the Australian reported today
  • Maersk Line Asia-Europe unit costs fall and ship size will rise with P3
    Maersk Line would benefit most from the planned P3 network, driving costs down and ship size up an investment bank said today
  • COSCOL orders newbuildings
    SHANGHAI-listed COSCO Shipping Co (COSCOL) has decided to build four 36,000dwt multi-purpose vessels at compatriot CSSC Guangzhou Huangpu Shipbuilding at costs of 246M yuan ($40M) each, according to its yesterday's stock filing
  • 87 injured in HK ferry accident
    A TOTAL of 87 people were injured in a Hong Kong high-speed passenger ferry accident early today after the vessel collided with an unidentified object
  • Hubline sinks to full-year losses
    MALAYSIAN shipowner Hubline Berhad plunged to losses of 190M ringgit ($59M) for its full-year end on 30 September
  • Qinhuangdao Port to sell new shares
    CHINA's Qinhuangdao Port will sell 830M shares in its initial public offering on the Hong Kong Stock Exchange at maximum HK$6.7 a share to raise about HK$4.28Bn ($549M)
  • North Korea ship to leave Panama
    UN INSPECTORS are examining weapons being smuggled in a North Korean ship's cargo, according to Panama's security minister

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The Journal of Commerceweb site
NOVEMBER 29, 2013
  • Hanjin Shipping Names New President, CEO
    Hanjin Shipping today appointed Tai Soo Suk as its new president and CEO. Suk, the current CEO of Hanjin Transportation, replaces Y.M. Kim, who resigned earlier this month, saying he was taking responsibility for the company's losses . Kim resigned during the week that the Korean carrier reported a net loss of...

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TradeWindsweb site
NOVEMBER 29, 2013
  • Fjeld exits Flex LNG
    Philip Fjeld is heading for the exit at Flex LNG, the company he co-founded and has led for the past six years.
  • Nanjing Tanker on brink
    China's Nanjing Tanker has moved another step closer to delisting from the Shanghai Stock Exchange after it posted a third quarter loss.
  • Diana books Bunge deal
    Diana Shipping has bagged a period contract worth $2.86m for one of its panamax bulkers.
  • Olympic in Geden swoop
    Olympic Shipping of Greece looks to have returned to the dry-cargo market with a $100m move on four Geden vessels.
  • Island back at Vard
    Norway's Island Offshore has returned to long-time collaborator Vard for another newbuilding.
  • DHT eyes OSG pay-out
    DHT Holdings could bank an extra $8.5m after settling a charter dispute with bankrupt OSG.
  • FRNT's cape coup
    John Fredriksen's Frontline 2012 is sitting on a potentially huge profit on its capesize newbuilding programme, Danske Bank says.
  • Cosco CFO quits
    Feng Jinhua has quit as chief financial officer of China Cosco as the owner enters the final month of its effort to avoid a third successive annual loss.
  • Love in a hot climate
    We take a look at what was said in the market over the past week.
  • DFDS faces delays
    DFDS' resurrected order for two ro-ro vessels at Germany's bankrupt P+S Werften has fallen behind schedule.
  • ALNG fixes newbuild
    Awilco LNG has clinched a mid-term contract for its recently delivered newbuilding, confirming news broken by TradeWinds weeks ago.
  • Ullman takes Concordia reins
    Stena has shifted Kim Ullman from head of its LNG business to take over at tanker unit Concordia Maritime.
  • Pakistan plots new yard
    Pakistan is considering building a new shipyard in Gwadar.
  • Italy trumps Norway
    Fincanieri has beaten off competition from Norwegian yards to build an advanced oceanographic vessel for the country's government.
  • Torm in forced sale
    Torm has sold four MR tankers to Oaktree in its second forced sale with the private equity heavyweight.
  • HSH provisions rise
    German lender HSH Nordbank's loan-provisions have grown in the first nine months as it seeks to reduce shipping exposure.
  • Scorpio swells VL order
    TradeWinds digests the digits making the headlines this week.
  • Terntank inks eco-order
    Danish owner Terntank has ordered what it claims could be the world's most eco-friendly ships.
  • Polarcus bid dropped
    A potential investor has shelved plans to buy a large stake in Oslo-listed Polarcus after failing to tempt enough sellers to part with their shares.
  • Coscol booking quartet
    Cosco Shipping Co (Coscol) is planning to add four more multipurpose (MPP) ships to its orderbook in China.
  • Anek cuts loss
    Greek ro-pax group Anek Lines has reduced its loss in the first nine months after it cut costs.
  • Ferry crash injures 85
    Six people have been seriously injured after a Hong Kong ferry hit an unidentified object.
  • Suk takes Hanjin job
    Loss-making Korean owner Hanjin Shipping has brought in a former Korean Air manager to pilot it back to profit.
  • Arctech wins icebreaker
    Finland's transport agency is ordering a new icebreaker at the domestic Arctech Helsinki shipyard.
  • Wintermar profit jumps
    Wintermar Offshore Marine has reported a 27% increase in profit for the first nine months of the financial year.
  • KC Maritime eyes tonnage
    KC Maritime is set to expand its fleet with orders for four bulkers at China's Guangzhou Huangpu Shipbuilding.
  • GrainCorp deal blocked
    Australia has blocked Archer Daniels Midland's (ADM) AUD 2.8bn ($2.6bn) takeover of domestic grain handler GrainCorp.
  • Ex-Aegean man jailed
    Singapore has come down hard on another fraudulent bunker trader as it looks to preserve its squeaky clean image.

news on subscription
The Bunker Bulletinweb site
NOVEMBER 29, 2013
  • Weekly global market report
    A weekly price round up from bunkering hubs around the world.
  • Fuel prices remain stable in the Americas
    Avails were said to be tight in Cartagena on Friday.
  • Rotterdam LSFO prices hit two-month high
    Prices at both ports climbed to $635 pmt on Friday.
  • Hanjin Shipping gets new boss
    Position effective on December 1.
  • Prices soften in Fujairah
    Earliest deliveries possible from December 3 in Fujairah.
  • Prices end week soft across Europe
    Bad weather stops bunkering at Gibraltar.
  • Bunkering halt at Gibraltar, Algeciras
    Bad weather sees operations temporarily suspended.
  • NGOs warn IMO against accelerated low sulphur availability review
    Seeking official reassurance from IMO Secretary General that there won't be bias allowing delay of 2020 global sulphur limit.
  • For sale: Five bunker tankers
    Chinese courts put tankers up for auction.
  • Auctioned bunker tanker finds buyer
    Bids still low but sale likely to go ahead.
  • IFO prices largely fall in Asia
    Supplies of bunkers were tight at Asean major ports.
  • Further recognition for air lubrication system
    Award aims to put system for further practical use in Japan.
  • Vessel lubricant receives environmental certificate
    Products will be classified as an Environmentally Acceptable Lubricant under US EPA rules.
  • Vessel optimisation leads to award for barge operator
    Tug and barge firm reports significant savings from fuel optimisation system.
  • Firm opts for more 'eco' tankers
    Move will leave company with 18 'eco' LR2 tankers on firm order from two Chinese yards.




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