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Damco in emerging markets drive
BEING separated as an independent business unit within the AP-Moller Maersk Group was a big driver behind the move to rebrand the group's logistics activities under the Damco brand. And with the sharper focus this enables, the company can press ahead with expanding in emerging markets in particular, says chief commercial officer Martin Thaysen.
Petromedia starts new index
MARINE industry news and information provider Petromedia has launched a new index representing international bunker fuel market movements.
Shipping will face emission control soon: DNV
A SEA change in emission control regimes is inevitable and shipowners had better start thinking about how to deal with it before regulations are forced on them, says DNV Maritime's chief operating officer Tor Svensen.

Strait Talk

ITF adapts to a changed world
AT FIRST sight, it seems to be a case of 'here we go again'. The International Transport Workers' Federation (ITF) - or rather its affiliated trade unions in Japan, Korea and Taiwan - called an East Asian Maritime Week of Action that started on Monday.

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Shipping News

Damco in emerging markets drive
BEING separated as an independent business unit within the AP-Moller Maersk Group was a big driver behind the move to rebrand the group's logistics activities under the Damco brand. And with the sharper focus this enables, the company can press ahead with expanding in emerging markets in particular, says chief commercial officer Martin Thaysen.
Petromedia starts new index
MARINE industry news and information provider Petromedia has launched a new index representing international bunker fuel market movements.
Shipping will face emission control soon: DNV
A SEA change in emission control regimes is inevitable and shipowners had better start thinking about how to deal with it before regulations are forced on them, says DNV Maritime's chief operating officer Tor Svensen.

Strait Talk

ITF adapts to a changed world
AT FIRST sight, it seems to be a case of 'here we go again'. The International Transport Workers' Federation (ITF) - or rather its affiliated trade unions in Japan, Korea and Taiwan - called an East Asian Maritime Week of Action that started on Monday.

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CMA CGM imposes rate hike from North Europe to East Asia World's top five: Singapore, Shanghai, Hong Kong, Shenzhen, Busan Yantian's Hutchison inland container depot expands site Carriers awash in red ink and over capacity as season peaks Sinotrans and SITC join in two trans-Yellow Sea services Greens flagrantly 'distort truth' to restrict trade, say shippers AP-Moller Maersk logistics now trades under Damco name Russian trust busters accuse St Petersburg stevedores Canadian export bank says Prince Rupert well placed for rebound NAFTA partner trade off 31.5pc year on year, but up 6pc month to month Cargoitalia's first flight from Milan to Hong Kong today Most freighters to be grounded, says Lufthansa in pitching 25pc rate hike WFS signs Boston 3-year deal with United Cargo, Air Canada, US Airways

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Tata Steel takes quicker coastal route to move coal from Gangavaram port to Haldia Now, long sea voyages won't spoil refrigerated perishables! Ozone molecules deployed to rid mould, yeasts & bacteria Baltic Dry Index dips for fifth straight week Sungrace the intelligent choice for complete logistics solutions With rates unprofitable, VLCC owners may refuse cargoes! SMEs' market now under the giants' lens EU for resolving 2 major trade issues with India bilaterally Krishnapatnam port scripts spectacular growth story to bag MALA Sore at FTA, fishermen try to rock CoPT boat Global slump strikes jarring note in Major Ports' growth symphony Container train operators may be permitted to use private sidings Profit derived from DEPB, drawback benefits taxable, rules SC "We aim to take our customers to the next level of logistics services" UNCTAD wants new currency to replace greenback

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SEPTEMBER 7, 2009
Agility further expands its network in the east to Ukraine The global logistics provider Agility has further fortified its network in Eastern Europe by originating a new wholly-owned operating entity in Ukraine on 31 March. The compan... TNT again winner of Dow Jones Sustainability Index For the third year running, the Amsterdam (Netherlands)-based postal operator and CEP company TNT has been named as a "supersector leader" in the Dow Jones Sustainability Index (DJ... Toll Group with strong profit growth in 2008/2009 The Australian Toll Group, a leading provider of integrated logistics services in the Asian region, reported 14% growth in profits before non-recurring items and discontinued ... Aviacon Zitotrans wafts balloons to Libya The Russian charter carrier Aviacon Zitotrans recently delivered unique cargo to Libya. An IL-76 landed at Ghadames airport with 20 baskets of balloons and special equipm... Cargoitalia ready for first scheduled flight After six months of intensive preparations and a few inevitable delays, Cargoitalia will operate its first scheduled service on 9 September, following its recent relaunch under new... Delphis launches pan-European door-to-door network The Belgian service provider Delphis has announced that its newly created subsidiary Delphis Logistics will start providing European door-door services from 1 October. Delphis will... A new link between Dresden and Poland The Polish carrier Jet Air has launched a service between Dresden (Germany) and Warsaw (Poland), which operates five times a week. This follows the Russian airline Aeroflot's ... AUA to become German The Austrian national carrier Austrian Airlines (AUA) is to become part of Lufthansa (LH) sometime in September, once the European Commission approves LH's bid for the lo...

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SEPTEMBER 8, 2009
DNV approves emissions scrubber IMSBC guide Gulser Ana operator says "no injured whales" Global economy "still shaky"

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SEPTEMBER 8, 2009
PPL delivers jack-up early DNV approves tanker's SOX scrubber Intersleek 9000 for Ark Royal German Navy kills pirate suspect French Navy orders a Mermaid Austal next-gen trimaran nears launch date

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SEPTEMBER 8, 2009
Hapag-Lloyd to axe 120 jobs in Germany CONTAINER line to cut about a tenth of 1,100 jobs up to 2010. Anger over new Genoa port plans CONSTERNATION after announcement of plans to auction off several major terminal concessions around the port. Teekay Offshore inks FPSO deal Company nabs 1998-built Petrojarl Varg floating production storage and offloading vessel from its parent Teekay Corp for $320m to move into a new area of... Aboitiz appeals against ferry ban COMPANY argues government should hear their case before imposing sanctions following Superferry 9 capsize. Chinese yards orders likely to fall in second half MORGAN Stanley warns overall shipbuilding demand would remain weak for the remainder of 2009

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SEPTEMBER 8, 2009
Ferry shortage follows sinking SHORTAGES of Philippines passenger ships, created by yesterday's suspension of the Aboitiz Transport System ferries, will harm industrial output, maritime officials told Fairplay today Multimodal mayhem found AN EC STUDY into the viability of introducing a single multimodal transport document to cover carriage of goods within the EU has warned of underlying legal complexities Hapag reported axeing 120 HAPAG-Lloyd has reportedly agreed with unions to cut 120 of its 1,100 jobs in Germany by April 2010 STCW review seen 'on track' REVISIONS to the IMO's STCW Convention are on schedule, IMO secretary-general Efthimios Mitropoulos said, as a working group considers a preliminary draft update this week Houston volume stays stable HOUSTON'S trade volume to foreign ports for the first six months of 2009 was stable at about the results of the past three years Eitzen considers bond issue EITZEN Maritime announced today it is considering a bond issue of nearly $70M, directed towards Norwegian and international investors Foundered bulker's crew rescued THE TURKISH crew of a ship that ran aground in Table Bay, South Africa, has reportedly been rescued

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SEPTEMBER 8, 2009
Truckers to Calif.: Don't Raise Taxes Retail Economist: "The Recession is Ending" First-Half Liner Losses Pass $6 Billion U.S. Amends Cuba Trade Restrictions Danish Shipowners Reject Subsidy Plea Japanese Air Cargo Slump Eases Agility Wins Qatar LNG Logistics Contract Port Nehru to Tighten Security RailAmerica Profit Jumps 175 Percent U.N. Forecasts 7.8 Percent China Growth Goldman Sachs Hikes Investment in Eurotunnel Rotterdam Income Falls in First Half Evergreen Extends Peak Charge CMA CGM Raises Rates from North Europe Green Reefers Plunges $11 Million into Red Air France to Cut Jobs, Capacity

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SEPTEMBER 8, 2009
Everybody needs rules; but are the 'Rotterdam Rules' the answer? The Netherlands port city of Rotterdam is gearing itself up to host a Colloquium and other events surrounding the opening for signature of the United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea - the 'Rotterdam Rules'. ICC report still raises concerns Green light given for new Santos terminal Jeddah's new terminal adds two more super-post-panamax cranes UTi Q2 profits fall but signs of market improvement Portland gets federal funds for cranes

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SEPTEMBER 8, 2009
Safe net grows New York-listed Safe Bulkers sees profits jump by 31% as early deliveries add to bottom line. Owners get 19% As part of $105m financial strengthening plan, shipowners led by Peter Dohle will take a 19.1% stake in Chile's CCNI. Pemex taps CGG Mexican oil monopoly paying Robert Brunck-led CGG Veritas $464m in biggest-ever seismic contract. Seli 1 stuck Turkish-controlled handymax bulk carrier stuck with cargo of coal off South African beach. Petrobras axes rig Brazilian oil and gas company backs out of deal for Odfjell Drilling's Deepsea Stavanger. 'No missile cargo' Russia slams "groundless" reports Arctic Sea carries arms for Iran, promises 'transparent' investigation. FPSO shuffle Teekay Corp sells FPSO to unit Teekay Offshore in a $320m deal which involves significant vendor financing. Suez drained Income from the Suez Canal falls by one quarter in August from last year's record number. Surcharge surge Evergreen hits shippers from Asia to Europe with bunker surcharge and extends peak season by two months. EMS eyes NOK Annette Malm Justad-led firm plans NOK 400m bond issue to refinance debt. PNSC scraps Pakistani owner sends one to the breakers and eyes an aframax purchase while confirming another. Battle heats up Laser guns and hot water curtains put forward as latest toys to counter piracy. Aboitiz appeals Filipino owner questions the grounding of its fleet following SuperFerry 9 sinking. Timah eyes six Indonesian state miner to spend $45m on six ships next year as offshore production grows. Maersk rate rise Routes between Europe and West Africa in focus as Danish giant continues rate restorations. PSA lowered Standard & Poor's lowers outlook on Singapore terminal company to 'negative' due to global slump.

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SEPTEMBER 8, 2009
CMA CGM hikes North Europe to Asia, Mideast rates Seaspan takes delivery of 40th ship Evergreen adds service to Teesport USDA revises Lacey Act enforcement schedule U.S. eases gift parcel restrictions to Cuba

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SEPTEMBER 8, 2009
Good results from SOx scrubber pilot project The SOx scrubbing system, which has been tested on Neste Oil's product carrier Suula has now been certified by Det Norske Veritas. The system was fitted to the exhaust pipe Lithuanian vessel punished for oil spill A court in Marseille has sentenced Baltnautic Shipping to a fine of EUR 600,000 for an oil spill caused by the shipping company's cargo vessel Eurika. The shipping company has New chairman of Nordic Ferry Services Nordic Ferry Services has appointed a new chairman of the board. The new chairman is Per Gullestrup, head of Clipper Projects in the Clipper Group and part owner of Nordic

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SEPTEMBER 8, 2009
New hull design under development Stena says it could cut bunker consumption by 15%. Bunker prices firm across Europe Market rising for the first time in September. European hub sees lower revenues Rotterdam confirms decline in cargo handling in the first six months of the year. Fuel oil traders will be replaced Lukoil Asia Pacific says latest departures have not hit volumes. Training programme to address bunkering concerns MOL says VLOCs 'face difficulties bunkering, loading and discharging'. Singapore bunker prices steady Bunker prices in other key Asian ports showed mixed movements. Philippine waters claim another ship No loss of life. Authorities are monitoring the site for possible oil spill. Stock exchange suspends tanker owner De-listing procedures have started. Oil sheen from capsized ferry Oil spill response team mobilized.