BRIEFS

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Shipping News

Keeping a firm hand on the maritime tiller
THE American writer John M Richardson Junior said: 'When it comes to the future, there are three kinds of people - those who let it happen, those who make it happen and those who wonder what happened.'
Somali pirates release German freighter
Somali pirates have released a German freighter after a ransom was paid, nearly four months after the ship was seized in the Indian Ocean, according to a European Union (EU) naval spokesman.
Penang Port share float may finally go ahead
Terminal operator Penang Port Sdn Bhd (PPSB) can finally move forward with plans to privatise and float its shares on Bursa Malaysia as it looks set to hive off its loss-making ferry operation to state infrastructure company Syarikat Prasarana Negara Bhd, Malaysia's Business Times reported, citing a source.
Top China ports unload 35% more iron ore in July

Strait Talk

Getting ready for Copenhagen
NOW is the traditional quiet period for shipping, and particularly for shipping industry bodies; indeed, many people are taking their holidays now. But this year there is perhaps a bit more activity than usual. Many shipping industry representatives and administrators are still working away preparing for COP15.

Shipping Times

US neighbourhood PO faces major changes
The neighbourhood US post office is facing major changes as postal officials consider closings or consolidating services at hundreds of locations across the United States.

web site

Shipping News

Keeping a firm hand on the maritime tiller
THE American writer John M Richardson Junior said: 'When it comes to the future, there are three kinds of people - those who let it happen, those who make it happen and those who wonder what happened.'
Somali pirates release German freighter
Somali pirates have released a German freighter after a ransom was paid, nearly four months after the ship was seized in the Indian Ocean, according to a European Union (EU) naval spokesman.
Penang Port share float may finally go ahead
Terminal operator Penang Port Sdn Bhd (PPSB) can finally move forward with plans to privatise and float its shares on Bursa Malaysia as it looks set to hive off its loss-making ferry operation to state infrastructure company Syarikat Prasarana Negara Bhd, Malaysia's Business Times reported, citing a source.
Top China ports unload 35% more iron ore in July

Strait Talk

Getting ready for Copenhagen
NOW is the traditional quiet period for shipping, and particularly for shipping industry bodies; indeed, many people are taking their holidays now. But this year there is perhaps a bit more activity than usual. Many shipping industry representatives and administrators are still working away preparing for COP15.

Shipping Times

US neighbourhood PO faces major changes
The neighbourhood US post office is facing major changes as postal officials consider closings or consolidating services at hundreds of locations across the United States.

web site

Shipping News

Keeping a firm hand on the maritime tiller
THE American writer John M Richardson Junior said: 'When it comes to the future, there are three kinds of people - those who let it happen, those who make it happen and those who wonder what happened.'
Somali pirates release German freighter
Somali pirates have released a German freighter after a ransom was paid, nearly four months after the ship was seized in the Indian Ocean, according to a European Union (EU) naval spokesman.
Penang Port share float may finally go ahead
Terminal operator Penang Port Sdn Bhd (PPSB) can finally move forward with plans to privatise and float its shares on Bursa Malaysia as it looks set to hive off its loss-making ferry operation to state infrastructure company Syarikat Prasarana Negara Bhd, Malaysia's Business Times reported, citing a source.
Top China ports unload 35% more iron ore in July

Strait Talk

Getting ready for Copenhagen
NOW is the traditional quiet period for shipping, and particularly for shipping industry bodies; indeed, many people are taking their holidays now. But this year there is perhaps a bit more activity than usual. Many shipping industry representatives and administrators are still working away preparing for COP15.

Shipping Times

US neighbourhood PO faces major changes
The neighbourhood US post office is facing major changes as postal officials consider closings or consolidating services at hundreds of locations across the United States.

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Pirates free box ship, tug crews after US$2.7 million paid Shipyard deliveries ease off as scrap yards boom China's container volume through ports expected to fall 7pc this year Safmarine to exit transpacific trade in 2010 Zim's parent to inject funds into troubled carrier British safety office warns of tubular sleeved quay cranes Kuehne + Nagel stands against ESC, backs Rotterdam Rules GSL adds Chennai, Laem Chabang - MELL starts HK-Malaysia-Cebu run Bridge over China-Vietnam border river opens September 1 Green trade war looms as protectionism masked in eco-legislation NYK Logistics retains Honda UK contract for two more years Port of Vancouver puts legal action against CN on hold Hong Kong's Asia Airfreight Terminal appoints general manager Hostage taking sweetens payoff for redundant ground handlers Changi Airport, Indeco sign 3-year US$13.8 million maintenance deal Air T quarterly profit down 10.4pc on weak demand for services

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IMO adopts tighter norms for ship-to-ship oil transfers ...wants CO2 cutting norms applied at ship design stage Shipping sector feels marooned amidst sea of troubles MOL & Sical Logistics sign MoU to operate car yard at Ennore Port Working Group examining AMTOI suggestions-Vasan Less coffee available for export Onion MEP hiked by $ 20 a tonne Bangladesh set to lift ban on Indian eggs Dumping duty imposed on polypropylene imports from 3 countries Ficci team inks $ 50-m orders in Syria, Jordan Exporters face insurmountable NTBs in EU Port Pipavav glides on to fast track Measure of autonomy to Major Ports hailed Hapag-Lloyd agrees to sell stake in Hamburg terminal July proves to be records-breaking month for VCT KPCHAA playing proactive role, taking up crucial trade issues with authorities India Inc scrambles to borrow funds in international market Exim Bank to tap markets for Rs 19,500 cr. Banks have scope to lower lending rates-Subbarao Coir Board seeks more export sops US Congress urged to pass new transportation bill CBEC empowers OBC to collect taxes

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AUGUST 3, 2009
OT Africa Line starts weekly Nigeria service OT Africa Line has restructured its Lagos (Apapa and Tin Can) connection. A dedicated weekly service now calls at the ports of Antwerp, Felixstowe and Le Havre, offering direct lin... New GL guidelines for alternative ship design and arrangements Germanischer Lloyd's new "Guidelines for the Analysis of Alternative Ship Design and Arrangements" (V-2-1) have come into force. Alternative ship design and arrangements are soluti... APM Terminals Aarhus launches rail link APM Terminals Aarhus has launched a new rail shuttle service between the port of Aarhus and the Danish capital of Copenhagen which will provide shippers with a five hour transit ti... Port of Aalborg orders another Gottwald mobile harbour crane Denmark's port of Aalborg, also referred to as the Nordic Transport Centre, recently ordered a G HMK 7608 B mobile harbour crane, a variant of model 7 of the generation 5 series, f... Logwin sales figure down in H1 Logwin AG has achieved sales of EUR 772.9 million in the first six months of 2009, compared to EUR 1.04 billion in 2008. Earnings before interest and tax (ebit), before restructuri... Adi Consult and G.L.S. Turkey agree to cooperate G.L.S. Global Logistics Consulting Services, based in Istanbul (Turkey), and adi Consult GmbH, headquartered in Kelsterbach (Germany) have signed a cooperation agreement that enter... NYK Logistics supports Honda UK Logistics service provider NYK Logistics supports Honda UK Manufacturing (HUM) as it resumes production at its Swindon plant. Having worked closely with HUM on the phased conversio... Swiss Post International Logistics speeds up Italy-Switzerland service FM Verzollung, a subsidiary of Swiss Post International Logistics AG, which in turn is part of the Swiss Post conglomerate, has opened a new branch in Seewen (Switzerland), where g... Nando Cesarone to head UPS in Austria and Hungary The global express and parcel service provider UPS has named Nando Cesarone as its new country manager for Austria and Hungary. The executive will be in charge of the operational a... New air agreement between Canada and New Zealand New Zealand and Canada have signed a new air transport agreement to allow more flights between the two countries. The agreement removes previous limitations on the frequency of fli...

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AUGUST 4, 2009
Hansa Stavanger freed Chinese imports soar Deep Sea cuts deal on AHTS Golar restructuring goes ahead Growth and problems for offshore wind power

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AUGUST 4, 2009
ABS moves Europe and Mid East survey HQ from London to Piraeus U.S. and Philippines sign agreement on piracy Chesapeake Shipbuilding delivers tug Five crew members snatched from Lithuanian reefer Great Lakes Dredge & Dock gets boost from stimulus funding

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AUGUST 4, 2009
MAN Diesel ends engine making in Denmark COMPANY to cease production in Frederikshavn by May 2010, resulting in up to 500 redundancies. Management change at UK box terminals TOP management is changing at Hutchison Ports (UK) and DP World Southampton. Owners in the red as market goes 'horribly flat' AFRAMAX owners accepting work that earns them little or no money to keep their vessels in employment.

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AUGUST 4, 2009
Crewmen seized off Nigeria THE FIVE CREW members that were seized from a Lithuanian reefer off Nigeria are uninjured and moves are in place to secure their release, Lithuania's foreign ministry confirmed to Fairplay today Another Eastwind ship nabbed AN EASTWIND cargo ship has been seized by bailiffs in the New Zealand port of Auckland today on behalf of a Japanese creditor Golar shuffles assets NORWAY'S Golar LNG said today it is transferring assets to subsidiary Golar LNG Energy, with a view to offering equity in the company Chávez imperils PetroCaribe VENEZUELA'S plan to rewrite the PetroCaribe supply agreement could significantly alter future product tanker flows in the Caribbean German river box sector reels CONTAINER traffic on German inland waters is expected in this year's second quarter to repeat its 25% fall of 1Q09, Fairplay was told today US seeks pollution concession A US BILL seeks to provide grants for low-sulphur diesel fuel purchases and gear to reduce smokestack emissions from ocean vessels

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AUGUST 4, 2009
West Coast Ports Volume Fell 20.7 Percent Lack of Steel Makes Seaway Season Hard Rockefeller Says Rail Reform May Wait MSC to Hike Rates on Four Lanes LA-LB to Keep PierPass Rates United Air Freight Grows 5 Percent Circumference America Sells Radius Rail Video: Capt. Mike Lorino, President of the Associated Branch Pilots for the Port of New Orleans KCS Issues Stock to Boost Balances Track Defects Top Cause of '09 Accidents Expeditors Profit Slips 24 Percent Lamy to Press for Doha Deal at Delhi Talks EVA Air Freight Revenue Slides Oil Pulls Consumer Prices Down MOL, Sical to Enter Joint Venture in India Nippon Express Profits Tumble LA-LB Lay Up Infrastructure Fee Trucker's 'Inattention' Blamed for Oklahoma Crash

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AUGUST 4, 2009
Nightmare ends for Hansa Stavanger crew Oil crosses USD70 'economy threat' Shanghai catching Singapore Hapag-Lloyd targets revenue growth and cost reduction Safmarine to terminate transpacific services

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AUGUST 4, 2009
Vale deal fails Roger Agnelli-led miner's bulker buying spree takes a step back as purchase of capesize Grand Fortune falls apart. Casualty file Sinking off Sweden and grounding off Norway lead TradeWinds' weekly video roundup of casualty incidents. K-Sea suffers Fiscal fourth-quarter profits at US tank-barge owner fall below analyst estimates in 'challenging' quarter. Brit Bulk sale axed John Fredriksen-led bulker owner Golden Ocean strikes deal with administrators of Britannia Bulk over sale of panamax quintet. TK estimates slide Lazard Capital Markets analyst slashes earnings estimates for Teekay Corp over what he calls an "awful 2009". FSL upgraded Dahlman Rose analyst lifts First Ship Lease Trust to "buy" over strong time-charter coverage and stable payouts. Almost a secret Shush! Trafigura launches new maritime venture but remains tight lipped about what it amounts to. Moody's cuts OSG Fleet diversification and weak fundamentals lead agency to downgrade credit rating on tanker owner's debt. Dredging jump Great Lakes Dredge & Dock reports 16% boost in dredging revenue as stimulus funds boost US bid market. Price shaved Harry Vafias' StealthGas pays less than expected for its third product tanker, while three of its gas ships get fresh term work. Annapurna seized Aozora Bank arrests Eastwind reefer which is subject of missing crewman case in New Zealand. ABG goes higher Indian yard ups stake in battle with rival Bharati to control shipowner Great Offshore. Crew seized Five crew members of Limarko-owned reefer kidnapped in late-night raid off Nigeria. On the slide Croatian tanker and bulker owner Uljanik hampered by higher costs in first half. Energy issue Golar's spot-vessel and projects spin-off ready to sell shares worth $150m, underwritten by John Fredriksen's World Shipholding. Repeat business MODEC turns to Sembcorp for a VLCC conversion for the second time in eight months. Scrap surge Greek owners lead the way as ship scrapping rises over 300% in first seven months of 2009. Tanker deal stalls Gulf Navigation's proposed tanker fleet acquisition at "slower pace of progression". $6m saved Odd Brevik's Deep Sea Supply buys AHTS a year early due to "special market conditions". Growing pains Containership fleet growth at 10 year low but non-operating owners are still hurting with a Claus-Peter Offen ship the largest to be laid up. NCSP pounces London-listed Russian Black Sea port operator takes over contracts for four tugs at "beneficial price." Kuribayashi KO'd Japanese ro-ro operator slumps to a loss in the first quarter with prospects of worse to come. WW adds two Norwegian group takes over technical management of NYK car carrier and a Parbulk II panamax bulker. Sembcorp better Singapore shipyard sees second quarter profit climb as rig building revenue races. Imports up Chinese ports handled 35% more iron ore in July year-on-year as overall volumes grew. Trading up Indonesian owner Trada sees first half profit soar following entry into dry bulk markets. China port woes Dalian Port Company has become the latest Chinese port operator to issue a profits warning. First ferry Philippines' Colorado Shipyard finds buyer for first newbuilding catamaran in Australia. Port peace Dockers return to partial unloading operations at Mangalore in India after strike over "rationalisation." Volumes still weak Singapore yet to see recovery in container volumes as throughput shows 17% decline on a year ago. Body found Search called off for woman missing from Holland America cruiseship as body found off Alaska. WIS worse India's biggest shiprepairer posts bigger first quarter loss as revenues plunge. Boxship freed Pirates release the German-controlled Hansa Stavanger after receiving ransom payment. Singapore to lead Local navy officer to take charge of CTF151 anti-piracy force in Aden for three months next year. Tahir targeted Piracy rears its ugly head in South China Sea with seventh incident in just over three months.

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AUGUST 4, 2009
Container scrapping could triple in '09 CBP moves to enforce Jones Act for offshore services Hapag-Lloyd announces rate hikes Trade group focused on climate policies formed Hamilton named U.S. Fish and Wildlife director New Mideast commander for U.S. sealift logistics Expeditors records profit dip Ryan new head of DHL forwarding in Indonesia Virginia port lays off 90 Jacksonville requests terminal bids MOL explores Nissan venture in India

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AUGUST 4, 2009
Langeland lost minutes after call from owner A compilation of time data from the shipowner Myklebusthaug Shipping, the Maritime Rescue Co-ordination Centre MRCC and AIS data shows that the stone-carrying coaster Langeland probably sank extremely German vessel freed The German flagged container vessel Hansa Stavanger has been released; the ship was hijacked on April 4 some 400 nautical miles off Kismaayo, Somalia. The crew of 24, consisting of Fridtjof to deter piracy The Norwegian frigate KNM Fridtjof Nansen is currently on its way to the Horn of Africa to take part in the EU Operation Atalanta. The frigate will serve for six Robert Uggla new Broström MD Robert Uggla has been appointed as the new managing director of Broström, a division of Maersk Tankers. Robert Uggla will begin on September 21, 2009. He succeeds Kristian Mørch, the

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AUGUST 4, 2009
Bunker prices still climbing in Europe Nymex showing losses in early trading. Singapore could face 'huge dilemma' City state may come under pressure over GHG emissions from its refining and bunker industries. Changes afoot in Algeria Bunkering resources to be re-deployed as Algiers shipping traffic is expected to drop significantly. Full City captain charged in Norway Smit Salvage says the ship is leaking oil internally into all but one of its cargo holds. Fuel oil demand set to rise Pakistan expects 30% increase in its demand for residual fuel. Asian bunker prices ascent slowing Low enquiries as buyers biding their time. Hong Kong bunkering halts on storm Disruption could last two days as storm shows signs of intensification. Bunker trader objects to Eastwind ship surrender Asamar wants assurance its bunker claim on the M/V Anapa will be paid. Hong Kong authorities release bunker tanker Brightoil 668 released following detention late last week. Aramco sells 180 cst parcel Middle East trader buys cargo for late August loading. Titan ratings downgraded, outlook negative Moody's downgrades Titan's corporate family rating and senior unsecured bond rating. Bank strikes deal with Eastwind's trustee Tokyo Star Bank to foreclose on three vessels and pay trustee half a million dollars. Singapore audits marine fuel traders Authority audits marine fuel traders on their goods and services tax.