BRIEFS

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Shipping News

Working towards a better future
PEOPLE management is something Lam Yi Young, the new chief executive of the Maritime and Port Authority of Singapore (MPA), knows well from his former job as director of manpower at the Ministry of Defence and he intends to put his expertise to good use in building up the maritime industry for the future.
Middle East supertanker supply drops again
The supply of supertankers competing to haul two million-barrel cargoes of Middle East crude fell for a second week as oil companies stepped up demand before year-end holidays.
Port dispute could impact oil exports
Russian oil exports from the Black Sea could face complications from a brewing dispute between the owners of the biggest port on the coastline and powerful state oil monopoly Transneft, industry analysts said.

Strait Talk

State aid is not the answer
IT'S not often that I agree with statements made by prominent shippers' representatives. And I can't remember the last time I penned support for something said by Andrew Traill, managing partner of www.shippersvoice.com. But recently, there has been a notable exception.

web site

Shipping News

Working towards a better future
PEOPLE management is something Lam Yi Young, the new chief executive of the Maritime and Port Authority of Singapore (MPA), knows well from his former job as director of manpower at the Ministry of Defence and he intends to put his expertise to good use in building up the maritime industry for the future.
Middle East supertanker supply drops again
The supply of supertankers competing to haul two million-barrel cargoes of Middle East crude fell for a second week as oil companies stepped up demand before year-end holidays.
Port dispute could impact oil exports
Russian oil exports from the Black Sea could face complications from a brewing dispute between the owners of the biggest port on the coastline and powerful state oil monopoly Transneft, industry analysts said.

Strait Talk

State aid is not the answer
IT'S not often that I agree with statements made by prominent shippers' representatives. And I can't remember the last time I penned support for something said by Andrew Traill, managing partner of www.shippersvoice.com. But recently, there has been a notable exception.

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AADA to hike China-Australia rate US$250/TEU on January 15 Shenzhen container volume off 18pc in first 10 months MOL ups reefer rates from US to Asia from January 15 Grand Alliance joins CKYH in Vietnam to link US east coast South African feds quash Natal ban on high-cube trucks Xiamen port's international transit volume up 49.6pc Volume near doubles in 2 years, but APM's Nigerian CT troublesome MOL to switch to 11-digit booking, B/L numbers Gammon to buy remaining half of Mumbai's offshore CT UK's Teesport sets new annual box handling record in November Central China' Chongqing to build 19 rail lines in next 10 years Seaworld Express Lines moves towards 2010 with confidence Shanghai airport's October cargo volume up 11pc United and Continental applaud Japanese air accord CAAC grants Air Cargo Germany traffic rights to China

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DAMCO bags 'Best 3PL for Sustainability' award Worst is over, feels shipping industry 'Freedom of the seas' may end for green aims GMB acknowledged as 'Indian Maritime Newsmaker of Year' Vallarpadam ICTT to open in April next year Port workers serve strike notice New Mangalore Port fast emerging as railway hub 4-slab GST likely to be unveiled in fortnight Industry in fine fettle Infra firms may get MAT waiver for some years Competition Bill tabled in LS

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DECEMBER 14, 2009
UPS operating more electric delivery vehicles in Germany The parcel and express service provider UPS began deploying five additional electric parcel delivery vehicles in Germany at the end of November. The company started operating its f... Delmar International takes over Federated Group The Canadian logistics, freight forwarding and customs brokerage service provider Delmar International has acquired the Federated Group of companies, including Federated Customs Br... Wein-Plus expands partnership with System Alliance Wein-Plus, an internet-based wine network, and the general cargo network System Alliance began offering transportation to 22 European countries to dealers and producers who have pr... Qatar opens Doha-Melbourne service Qatar Airways, based in Doha, has launched scheduled services to Melbourne (Australia). This adds another continent to the airline's rapidly expanding global network. Mel... USA and Japan to open skies The USA and Japan have agreed in principle to end current restrictions on air traffic between the two countries. Airlines will be free to determine their own routes ... SPC director Georg Waischnor heading for calmer waters Georg Waischnor (65), the director of the ShortSeaShipping Inland Waterway Promotion Center (SPC) since it was founded in Germany in July 2001, will leave the public-private p... Laid-up containerships expected to peak in February 2010 572 containerships with a capacity of 1.52 million teu are currently laid up, according to Alphaliner. This total was recently supplemented by a large number of mega carr... Unife and UIC jointly publish technical recommendations (TecRecs) Unife and UIC have agreed to work together in the field of voluntary rail standardisation and to jointly publish "Technical Recommendations" (TecRecs). Jean Pierre Loubinoux, UIC d... New Iraqi Airways Baghdad-Frankfurt all-cargo service The state-run carrier Iraqi Airways (code IAW) commenced a twice-weekly Baghdad-Frankfurt-Baghdad service (Wednesdays and Saturdays) last weekend, when an Airbus A300B4 full-freigh... In Time starts reefer groupage services The German courier and express service provider In Time Express Logistik has acquired new reefer containers, enabling it to offer direct temperature-controlled transportation optio... UPS Canada inaugurates expanded Toronto distribution centre UPS has opened a USD 70 million expansion of its Toronto distribution centre, more than doubling the parcel processing capacity of the facility, which now covers 463,00 sqft (43,00... Ceva extends collaboration with Philips Italy The Dutch logistics and supply chain specialist Ceva Logistics has extended its collaboration with Philips in Italy by three years. Ceva manages the main components of Philips' sup...

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DECEMBER 15, 2009
Dhow hijacked Swiber's $240m contracts U-Ming set for building spree Ballast water talkfest

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DECEMBER 15, 2009
Maersk Tankers moves ahead on CO2 project NYC Mayor tours North Sea wind farm OSG and Aker Philly sort things out

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DECEMBER 15, 2009
No debt deal for CMA CGM yet Group misses new debt talks deadline. CMA CGM sets new bank debt deadline Knock Nevis heading for Indian scrapyard World's largest ship has been reflagged to Siera Leone for single voyage to India. Good time to invest in boxships, says DVB Bank agrees to finance 6,000 teu pair for German owner. Boskalis wins $1.5bn debt financing Deal allows company to move ahead with formal offer for Smit.

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DECEMBER 15, 2009
Hanjin's US project stalls HANJIN Shipping's plan for an US East Coast hub at Jacksonville is in danger of being scrapped because labour talks have stalled US fuel fight resumes THE FIGHT between the Pacific Merchant Shipping Association and California over the state's low-sulphur fuel rule has returned to the courts ICTSI obtains $100M loan ICTSI has obtained a $100M loan from a Philippines bank to repay existing loans Pakistan defers recycling decision PAKISTAN has postponed its decision on whether to sign a key international convention on ship recycling US seizes cocaine haul MORE THAN 2,000kg of cocaine, 11 suspects and a coastal freighter are in US custody today after a drug bust Workers occupy Italian shipyards STRIKING workers have reportedly occupied two Italian shipyards in a dispute over efficiency bonuses

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DECEMBER 15, 2009
Senate Bill Would Tighten Contractor Law Pacific Carriers Call for 'Emergency' Rate Hike Air Carriers Sign Deals for Synfuels Avramovich Says Pacer Planned CEO Transition Texas Short Line Begins FRA-Funded Project YRC Debt-Equity Swap Faces Deadline GE Cuts Railcar Order in Half DP World Says India Project on Schedule Ports Earn Environmental Justice Award Transportation Study Urges Climate Adaptation Menlo Worldwide Adds Client in Mexico City India Creates Maritime Security Committee Volvo Group Truck Sales Drop 37 Percent Industrial Production Climbs for 5th Month World's Airlines to Lose $5.6 Billion in 2010 House Votes to Extend Trade Programs China Cosco Warns of Full-Year Loss Port Group Sends Congress Ideas for Jobs Bill Pacer Replaces Uremovich as Chairman Hapag-Lloyd Loses $986 Million in Nine Months Japanese Ship Orders Sink for 14th Month

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DECEMBER 15, 2009
Dubai to 'satisfy obligations' Transatlantic trade shows signs of stabilising COP15: 'back on track' but entering 'critical stage' Europe/Africa/Europe trade's best month CMA CGM's new behemoth celebrates at APMT, Rotterdam

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DECEMBER 15, 2009
Inching up Handysize owner FreeSeas is improving the earnings of its small fleet one trip at a time. Joint venture How a banker who did good work for John Fredriksen tried to promote business between Tagir Izmaylov led Novoship and Yuri Nikitin. Casualty file IMO's Mitropoulos warns of "catastrophe" off Somalia while ship sinks off Israel with four lost. LNG ship grounds Investigation underway as Hoegh LNG-managed vessel refloated after grounding off Puerto Rico. Troubled times Tagir Izmaylov faces a determined grilling over the economic logic of the ship sale deals he did through Galbraith's. Tanker grounds Mag 1 forced aground during storm at Georgian port of Sokhumi. Siem digs deep Main shareholder Kristian Siem buys nearly all 875,000 new shares in Star Reefers issue. Eleven engines Finland's Wartsila to supply propulsion systems for series of heavy-lift and multipurpose ships ordered by Spliethoff. Ashika horror Chief steward tells inquiry into Tongan ferry sinking that women, children trapped on top of each other in cabins as vessel went down. Nearly a billion Hapag-Lloyd notches up losses approaching $1bn in nine months to 30 September, with more to come next year. Kristina's capture Finnish cruise company buys Mano Maritime ship as replacement for Kristina Regina. Glencore in Ivan Glasenberg-led commodities giant is to buy 51% stake in bunker player Chemoil; makes offer for outstanding shares. Azov blaze Turkish-managed cargoship badly damaged by fire at anchor off Black Sea port. Charges hiked Cosco Container Lines imposes emergency charges and rate increases on day parent issues profit warning. Future is red Boxship and bulker player China Cosco Holdings warns it will make a loss in 2009 as volumes decline. Qinfa doubles up Hong Kong-listed coal company orders second kamsarmax in China to reduce charter costs. Gaz guzzlers Maersk and Fortum teaming up on new carbon capture project using tankers in North Sea. Aqaba to expand AP Moller terminal operator set to expand capacity and double quay length at Jordanian port. More for Swiber Singapore-listed offshore vessel operator picks up second major contract in as many days. $83m bust USCG nabs 11 after three tons of cocaine found on St Vincent & Grenadines ship Olympiakos. GA adds Viet call Liner conference Grand Alliance is adding a call at Vietnam's Cai Mep port on its Asia-US service. Found in Moscow Panic over as it emerges lawyer reported missing while working on case of Arctic Sea was away on other business. Missing in Moscow A Russian criminal defence lawyer on the Arctic Sea hijacking case has vanished.

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DECEMBER 15, 2009
Hapag-Lloyd lost $981 million in 9 months Detroit intermodal project moves forward NIT League to shed light on rail bill Horizon Logistics adds LTL rate tool Uremovich departs Pacer U.S. to enter transpacific trade pact talks Industry praises trade preference extensions China terminals' volume improves Corpus Christi designing multipurpose dock

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DECEMBER 15, 2009
Engine problems trigger bunker alert Several ships experienced engine damage after using bunker fuel lifted in Houston during October. Bunker prices mixed Markets in southern Europe show strongest gains. Support for bunker tax 'growing' Sources also say emissions trading is 'high on the agenda'. Bunker prices firm in Fujairah Still no price indications for MGO in Suez. Norway to implement 'at berth' 0.10% sulphur rule Awaiting EC clarification on exceptions for ships that cannot comply during transition period. Glencore pays $233 million for controlling stake in Chemoil Sale was 'culmination of a thoughtful and deliberate process'. Some key ports see prices firm Supplies tightening in Busan. Matrix Bharat commences bunker ops in Mumbai Offers bonded bunker fuel 380 cSt in conjunction with BPCL. Indian refiner offers late-January 380 cSt cargo Also offering gas oil parcel with 0.5% sulphur content. Glencore takes over Chemoil Makes mandatory offer for all the remaining shares in Chemoil after acquiring 51% stake.