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Boustead to deliver 7 vessels worth RM1b
Boustead Heavy Industries Corp Bhd, a member of the Boustead group, expects to deliver seven vessels worth RM1 billion (S$417 million) this year. 'We should be delivering two patrol vessels, three chemical tankers, one floating yard and one anchor-handling tug,' group managing director Ahmad Ramli Mohd Nor told reporters after the company's annual general meeting here yesterday.
The relentless pursuit of eco-friendly shipping
DESPITE the gloomy economic climate, there is no let-up in the maritime community's commitment to cleaner shipping and protection of the marine environment. And the Maritime and Port Authority of Singapore (MPA) is driving maritime research and development in clean technologies.
SSA, MPA to host charity sailing regatta
THE Singapore Shipping Association (SSA) and the Maritime and Port Authority (MPA) plan to spread some cheer amid the economic gloom through a charity sailing regatta and carnival to kick of Singapore Maritime Week on April 18.
DryShips' ability to repay debt questioned by auditors

Logistics

FedEx contractors deserve overtime pay: lawyer
FedEx Corp's contract ground drivers were illegally denied overtime pay and misled about the job while being treated like full-time workers, their attorney said at the close of a four-week trial.
US trucker shortage now in surplus
If you think now is a good time to try your hand as a US truck driver with steady pay and a life on the open road, think again.

Strait Talk

Talking bunkers at Fujairah
LAST week's bunker industry gathering at Fujairah in the United Arab Emirates had a distinct Singapore flavour. Apart from anything else, the Sixth Fujairah Bunkering and Fuel Oil Forum (Fujcon) was organised - like its predecessors - by Raffles City-based Conference Connection Group.

web site

Shipping News

Boustead to deliver 7 vessels worth RM1b
Boustead Heavy Industries Corp Bhd, a member of the Boustead group, expects to deliver seven vessels worth RM1 billion (S$417 million) this year. 'We should be delivering two patrol vessels, three chemical tankers, one floating yard and one anchor-handling tug,' group managing director Ahmad Ramli Mohd Nor told reporters after the company's annual general meeting here yesterday.
The relentless pursuit of eco-friendly shipping
DESPITE the gloomy economic climate, there is no let-up in the maritime community's commitment to cleaner shipping and protection of the marine environment. And the Maritime and Port Authority of Singapore (MPA) is driving maritime research and development in clean technologies.
SSA, MPA to host charity sailing regatta
THE Singapore Shipping Association (SSA) and the Maritime and Port Authority (MPA) plan to spread some cheer amid the economic gloom through a charity sailing regatta and carnival to kick of Singapore Maritime Week on April 18.
DryShips' ability to repay debt questioned by auditors

Logistics

FedEx contractors deserve overtime pay: lawyer
FedEx Corp's contract ground drivers were illegally denied overtime pay and misled about the job while being treated like full-time workers, their attorney said at the close of a four-week trial.
US trucker shortage now in surplus
If you think now is a good time to try your hand as a US truck driver with steady pay and a life on the open road, think again.

Strait Talk

Talking bunkers at Fujairah
LAST week's bunker industry gathering at Fujairah in the United Arab Emirates had a distinct Singapore flavour. Apart from anything else, the Sixth Fujairah Bunkering and Fuel Oil Forum (Fujcon) was organised - like its predecessors - by Raffles City-based Conference Connection Group.

web site

Shipping News

Boustead to deliver 7 vessels worth RM1b
Boustead Heavy Industries Corp Bhd, a member of the Boustead group, expects to deliver seven vessels worth RM1 billion (S$417 million) this year. 'We should be delivering two patrol vessels, three chemical tankers, one floating yard and one anchor-handling tug,' group managing director Ahmad Ramli Mohd Nor told reporters after the company's annual general meeting here yesterday.
The relentless pursuit of eco-friendly shipping
DESPITE the gloomy economic climate, there is no let-up in the maritime community's commitment to cleaner shipping and protection of the marine environment. And the Maritime and Port Authority of Singapore (MPA) is driving maritime research and development in clean technologies.
SSA, MPA to host charity sailing regatta
THE Singapore Shipping Association (SSA) and the Maritime and Port Authority (MPA) plan to spread some cheer amid the economic gloom through a charity sailing regatta and carnival to kick of Singapore Maritime Week on April 18.
DryShips' ability to repay debt questioned by auditors

Logistics

FedEx contractors deserve overtime pay: lawyer
FedEx Corp's contract ground drivers were illegally denied overtime pay and misled about the job while being treated like full-time workers, their attorney said at the close of a four-week trial.
US trucker shortage now in surplus
If you think now is a good time to try your hand as a US truck driver with steady pay and a life on the open road, think again.

Strait Talk

Talking bunkers at Fujairah
LAST week's bunker industry gathering at Fujairah in the United Arab Emirates had a distinct Singapore flavour. Apart from anything else, the Sixth Fujairah Bunkering and Fuel Oil Forum (Fujcon) was organised - like its predecessors - by Raffles City-based Conference Connection Group.

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UASC sees upturn for global container shipping in Q2 LA-LB users warn high fees and red tape risk cargo diversion OOCL launches new weekly Baltic service Cosco's Red Sea Service (FRX) starts calling at XICT Dongguan's Humen terminal to launch Taiwan service Hanjin teams up with OD truck firm for LCL China-US shipments Ningbo port launches Ningbo-Yiwu sea-rail service TNT expands its Malta service offering APL monthly volume falls 21pc, CEO warns against all-in rates Evergreen sets up JV shipping agency in South Africa Nato container terminal in Peshawar torched, damaging 12 boxes OT Africa Line launches Benin-Tangier service GAC provides solutions for laying up ships LA Port's intermodal cargo incentive scheme promotes rail use Marshall Islands flag revoked on Russian shipping line China Eastern Airlines resumes Kunming to Siem Reap service Changi's Terminal 2 attracts four more Asian airlines Aeroflot appoints new CEO, predecessor joins ministry Moscow court rules Saratov Airlines broke antitrust law Big Apple's chunk of air freight pie shrinks

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Rising Asia star in seaborne trade quelled by global meltdown DCNS scouts for partner to set up naval shipyard in India NYK Goup continues noble gesture for thalassaemic children CSL delivers PSV to Norwegian company Gold Star Line to launch BMX service from April 4 Bangla court orders closure of shipbreaking yards sans eco clearance Shipowners pitch for Rs 10K-cr. soft loans for acquisitions Sopa sees 18 pc fall in soyameal exports Safeguard duty on car radial tyres sought DP World delivers another year of solid, profitable growth Grand master plan for West Coast ports development mooted Port wage talks bear no fruit Rebuilt terminals in Karachi port now ready for operations Reliance Money joins hands with Kuoni India Rly freight volumes may fall 15 m tonnes short of fiscal target Feb. core sector performance best in 4 months Commerce Ministry begins formulating full-fledged, perspective FTP PM sees ample scope for further interest rate cuts PM to raise spectre of protectionism at G20 summit on April 2 World Bank finds India most active in imposing anti-dumping measures Forex reserves post highest weekly rise in 13 months G-24 wants larger role in IMF, World Bank

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MARCH 30, 2009
Deutsche Bahn: Hartmut Mehdorn offers to step down Hartmut Mehdorn, chief executive of the German national rail operator Deutsche Bahn (DB), offered to resign on 30 March, in the wake of DB's latest data affair and the ensuing stro... DSV enters JV with Los Inkas Group in Latin America DSV Air & Sea has paved the way for its expansion into the Central and South American markets (the Latam markets) by establishing a joint venture with the Los Inkas group... Savelyev appointed CEO of Aeroflot The board of directors of Russia's flagship carrier Aeroflot has accepted the resignation of CEO Valery Okulov and appointed Vitaly Savelyev as the company's new head. Savelyev is ... Finnair receives first A330 Finland's flag carrier Finnair has taken delivery of its first Airbus A330-300. The new aircraft is the first of eight A330-300s ordered by Finnair for the development of its mediu... Air Malta now daily from Zurich Air Malta raised the frequency of service between Malta and Zurich (Switzerland) to weekly on 29 March. Depending on the season, the carrier operates twice weekly flights... Shippers' Council and Rail Freight Customers' Platform merge into a single organisation The European Shippers' Council (ESC) and the European Rail Freight Customers' Platform agreed to merge into a single organisation. The two trade bodies have worked together to... NAI Apollo rents 30,000 sqm logistics space to XXXLutz-Group Nai Apollo Frankfurt has rented 30,000 sqm of logistics space in Lozorno near Bratislava (Slovakia) to the furniture retailing group XXXLutz. The storage and office spaces in the r... GAC Group sets up new company in Norway The Dubai (UAE)-based worldwide logistics, ship agency and marine service provider GAC Group has set up a new company in Norway and opened a business development office in Oslo to ... Russian Railways establishing JV to build Qazvin-Rasht-Astara railway line Russian Railways, the Iranian Railways Administration and Azeri Railways are to establish a joint venture for the construction of the railway line connecting Qazvin-Rasht (both Ira... Western Australian Port Hedland multi-user berth project under way Construction work has been launched on a new multi-user bulk minerals export berth at Utah Point in the Western Australian Port Hedland Inner Harbour. The additional common-us... Eco Truck running with a clean record The German container trucking specialist CTD Container Transport Dienst GmbH is using a new eco truck that emits 50% lower particulate emissions than prescribed by the up...

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MARCH 31, 2009
German Navy captures pirates suspects Downturn hits Helsinki Growth stops at NY&NJ Debt-free ASRY "set to ride out global storm" Containerships launches new Swedish services SAR boost around African coast

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MARCH 31, 2009
Crowley Maritime set for flurry of deliveries Conrad Industries reports best year ever Oberstar legislation would provide new Lakes icebreaker Most powerful offshore vessel yet U.S. and Canada seek super ECA StealthGas arrests ships after charterer defaults

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MARCH 31, 2009
North American waters set to become largest emissions control area US and Canada plan seeks to create consolidated ECA stretching 200 nautical miles off the coast of either nation. Low sulphur fuel availability a concern Stealthgas moves to clamp assets of Genoese charterer LPG carrier company aims to recover a claimed $8.7m in outstanding charter hire and other charges. British naval bases 'should be handed over to Brussels' BRITISH naval bases around the world should be at the service of the European Union to protect shipping lanes.

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MARCH 31, 2009
Russian shipping cut, but where? RUSSIA'S shipping budget is to be cut in aggregate by 28% in response to the recession, transport minister Igor Levitin has announced The soft target that wasn't PIRATES picked the wrong target and are being held today by the multinational patrol force HHLA's profits take off HAMBURG box terminal operator HHLA said today its net profits jumped by 43% last year, pushed by strong demand for cargo handling in the first six months Scores of migrants feared drowned RESCUERS are today seeking hundreds of passengers missing from boats transporting more than 250 migrants, at least one of which has sunk in high seas off Libya StealthGas accuses G Giulietti NASDAQ-listed StealthGas threatened legal action today in reaction to the termination of a charter for one of its LPG vessels DPW to lay off 60 in Southampton DP WORLD plans to lay off 60 workers at its box terminal in Southampton, England Largest box ship delivered DAEWOO Shipbuilding in South Korea has delivered the world's largest container ship

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MARCH 31, 2009
CP Rail Braces as Flood Moves In UP Uploads New Web Site Software Gets Trucker Hard Freight GAO: Trucks Need Threat Assessment OECD Urges Germany to Speed Stimulus Hapag-Lloyd names two new executive board members Maersk Hikes Europe-Asia Rates Crowley Launches Heavy-Lift Barge MOL, BNSF Partner on Guaranteed Service World Bank Chief Proposes $50B Program Evergreen to Re-flag 13 Ships First Radiation Portal Monitor NAFTA Trade Plummets HHLA Earnings Break Record Boxship Lay-Ups Level Off Flood, Snow Curb North Dakota Freight Tokyo Container Trade Grew in October Kalmar Lands Order for Wind Tower Plant Philadelphia Asks, "What's a Port?"

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MARCH 31, 2009
ICC urges G20 to target protectionism and support trade finance NYK Logistics step ahead on security Reefer demand sees ANZ-ECNA extra loaders NYK chops profit forecast due to downturn

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MARCH 31, 2009
Arrest threat Italian-owned panamax bulker faced with potential arrest by bunker broker as Samsun Logix seeks US protection. Shadow grows Shipping economist's "shadow price"d assessment of bulker values shows price growth for most segments. Casualty file Waters off Somalia heat up and small spill hits New York in WebTV's weekly casualty roundup. TBS shares fly US tweendecker and bulker owner sees shares jump by 25% after profits blast past earnings estimates. StealthGas delays Harry Vafias-led LPG owner puts off delivery of five units and arrests defaulting charterer's ships. EPA wants ECA Authorities propose giant emissions control area around the shores of the United States and Canada. May LNG delivery In a little more than a month, an Argentine LNG terminal will receive its first LNG cargo this year with the return of the Excelsior. No futures Nobu Su declares forward freight market to be finished as he concentrates on fleet build up. Exxon turned back Days after Exxon Valdez anniversary, Coast Guard bars ExxonMobil single-sided tanker from taking load in Alaska due to cracks. 'Navy was told' Norwegian manager of Bow Asir says ship told EU force of presence before it was hijacked. Spill suspicion Master of Finnlines ferry questioned as investigations continue into Baltic oil spill. No to YS South Korea looking at potential sale or liquidation of cash strapped shipbuilder. Marisco mess Hawaiian shipyard told to clean up its act by US authorities after washing down work areas into sea. ACM bullish Johnny Plumbe-led broker sees annual result 'significantly ahead' of expectations but tanker rates to drop. Ahead for now Croatian bulker player Atlantska sees annual profit jump, but fourth quarter turns negative in downturn. Barberi botch Staten Island ferry involved in fatal 2003 crash suffers embarrassing snag on morning run. Ofer cash pile Container line Zim's parent Israel Corp, controlled by the Ofer family, sees profit soar in 2008. Bunker bashing Greek ferry owner Minoan Lines sees 2008 profit slashed as fuel bills soared. Davie doubt Loss-making Canadian shipbuilder may not be able to continue if $20m private share issue fails. Temas on top Indonesian feedership player survives tough market to increase 2008 profit. HHI to buy? Korean shipbuilder one of three to submit letters of intent to snap up compatriot Hyundai Corp. TBS profits dip US-listed tweendecker specialist sees fourth quarter profits largely unchanged from a year ago. Runaway barge Empty US unit breaks away from tug and hits Chesapeake Bridge before grounding. Cattle stuck Ro-ro carrying 283 cows beaches off Australia after suffering propeller problems. Trinity scrapped Norway's Hoegh Autoliners has confirmed the sale for scrap of a 1981-built pure car truck carrier. Global offloads Malaysian shipowner has offloaded an 18-year-old product tanker to Indonesian interests. NOL volumes ease Singapore liner operator continues to experience weaker container volumes and revenues per teu.

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MARCH 31, 2009
U.S., Canada seek ship pollution buffer zone Maersk raises U.S./Middle East-India rates Crowley offers warehousing in Gulfport Former pilot Babbitt picked to lead FAA SAS starts express air freight service Qantas lets go of 90 senior managers NFTC: Obama needs to promote commerce at G20 USDA raises import/export service fees CBP withdraws proposed rule for foreign repairs Raab named president of Omnitrans Firm will perform port study for Philadelphia Delaware Bay ports to compete for security grants

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MARCH 31, 2009
State won't save German yards The German state will not become part owners in shipyards hit by the financial crisis, the German maritime co-ordinator Dagmar W'hrl tolde the sixth National Maritime Conference, Lloyd's List Longchamp released The German LPG-carrier Longchamp, 4,316 DWT, that was hijacked in the Gulf of Aden on January 29 has been released, Bernhard Schulte Shipmanagement, technical managers of the vessel, announces Maersk replaces eight ships under US-flag The A. P. M'ller-M'rsk Group has sold eight containerships to the US affiliate Maersk Line Limited. All eight ships will be transferred to US-flag and replace eight older

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MARCH 31, 2009
Europe: Prices fall in the south, seesaw in northern hubs Strike warning for Piraeus, ARA prices fluctuating with crude moves. US officials claim cost of new ECA will be 'modest' But bunker industry observers say the increase in the cost of marine fuel has been underestimated. Durban refinery back on track Sapref refinery maintenance finished 'ahead of schedule'. Ferry company sees bunker costs jump Minoan faced 'enormous and continuous increase in fuel prices'. New chief executive for MPA Singapore's Maritime and Port Authority is driving force behind bunkering code of practice. Asia: Bunkers soft on Tuesday Prices continue to retreat in most key Asian ports. Ship arrested after dumping oil Ice in the region has made it nearly impossible to collect the oil. $10 million needed for bunker spill cleanup 'Two more months' needed to complete the bunker spill cleanup.