Personal tools

Skip to content. | Skip to navigation

Sections

Join the conversation on Linkedin  Follow us on Twitter  Watch LLDCN on Youtube  Like us on Facebook

 
You are here: Home Archive 2009 Apr 16

16

Pacific Adventurer sails to China for permanent repairs
by Rob McKay 01:06PM, 16 Apr 2009
Swire unveils South Pacific service shake-up
by Rob McKay 01:06PM, 16 Apr 2009
Pirate's mothership captured as US plans asset seizure
by Lloyd's List in London 01:06PM, 16 Apr 2009
Expansion sees MSC closing the gap on market-leading Maersk
by Lloyd's List in London 01:06PM, 16 Apr 2009
Agreement reached on Kimberley LNG project
by Sineva Toevai 01:06PM, 16 Apr 2009
Iron ore market slumps but 2010 rebound predicted
by Lloyd's List in London 01:06PM, 16 Apr 2009
Prolonged rain stems iron ore production at Rio
by Sineva Toevai 01:06PM, 16 Apr 2009
Major Newcastle coal exporter sees production fall
by Sineva Toevai 01:06PM, 16 Apr 2009
Boost to Arrow Energy's Queensland LNG prospects
by Lloyd's List in London 01:06PM, 16 Apr 2009
Truck braking system wins Federal funding
by Rob McKay 01:06PM, 16 Apr 2009
Level crossing upgrades begin in Tasmania, NT
by Sineva Toevai 01:06PM, 16 Apr 2009
Queensland establishes transport and logistics council
by Rob McKay 01:06PM, 16 Apr 2009
Bowen move to ease transport
FEDERAL competition minister Chris Bowen has started talks with states and territories with a view to streamlining decision-making under the National Access Regime in Part IIIA of the Trade Practices Act. 
Ports security claimed in line with best in world after query
SECURITY measures in place at Australia's ports are in line with stringent standards implemented in the US in the wake of the 2001 terrorist attacks, according to maritime security experts.
Push for more action on regional freight plan
FREIGHT councils in South Australia and Victoria have welcomed last week's release of their state governments' joint Green Triangle Freight Action Plan.
Qantas cuts follow freight nosedive
A significant and rapid decline in trading conditions has driven Qantas to cut freight capacity on its domestic and international routes and slash profit estimates for the current financial year.
Tottenham-Dynon rail upgraded
THE NEW Tottenham to Dynon rail link was officially opened last week, five years after work began.
Banking on terminal success
LIQUEFIED natural gas is a key aspect to the growth strategy of the oil and gas industry as fewer oil projects are being developed and global gas demand soars.
BHP moves to upgrade Pilbara rail assets
LEIGHTON Contractors and Macmahon Contractors have been commissioned to build a rail line in the Pilbara for BHP Billiton Iron Ore in a deal worth more than $500m.
Fear that fatigue rules alone won't curb truck accidents
AMENDMENTS to heavy vehicle driver fatigue laws will come into place next month, but critics warn the changes are unlikely to have the desired effect on the number of road accidents caused by truck drivers.
June enforcement for Bunker Convention
AUSTRALIA has signed the Bunker Convention, the Australian Maritime Safety Authority (AMSA) announced last week. The International Convention on Civil Liability for Bunker Oil Pollution Damage 2001 entered into force internationally on November 21 last year.
NEAX, AANA to job share
TWO of the North and East Asia-Australia trade's leading consortia are to merge their services from early May in response to the sharp deterioration in southbound volumes this year.
Opposition says price forcing freight to road
QUEENSLAND Rail's freight price hikes are forcing businesses to move freight via roads instead of rail, according to the Queensland Opposition.
Pacific Adventurer - first findings
CYCLONE Hamish had raged along the Queensland coast for days, forcing the closure of many of the state's biggest ports.
Biggest ore vessel
TX Offshore & Shipbuilding, owner of Europe's largest shipyard, said it plans to develop the world's biggest vessel to carry iron ore as shipping companies try to save on fuel costs.
China hits iron ore record
< p > CHINESE iron ore imports reached a record monthly high of 51 m tonnes last month , as capesizes fixed during February ' s 2009 freight rate surge discharged their cargoes . < / p >
Crashing steel price dents vessel values
SHIPS sold for demolition have lost 15% of their asset values in a week, after Bangladeshi scrapping prices fell suddenly.
Moscow turns on LNG gas tap
RUSSIA has officially become an exporter of liquefied natural gas now the Sakhalin II plant is loading carriers with a new source of energy for Asian consumers.
Ship insurer shuffles people
ASSOCIATED Marine Insurers bolstered its team with the insurer announcing three new underwriting and product appointments, including a new chief underwriting officer.
Recession bites reefers
CHARTER rates for reefers have more than halved from last year's levels, as waning economic growth eats into demand. Brokers are seeing rates as low as US$0.50 per cubic foot for a 20-day voyage taking bananas from central America to the continent.
Too many cooks
OH THOSE hazy, crazy days of summer. Freight rates at US$230,000 per day and capesize values touching US$150m for a five-year-old ship.
Vessels lining up for anchor space
AS SOUTH-EAST Asia's anchorages fill-up with idle vessels, lay-up is becoming a competitive business with a growing number of companies offering services.
Boxship charter rates bump along the bottom
THE VERY first glimmer of evidence that freight rates have stopped sliding in the Asia to Europe container trades has started to emerge, with some lines reporting partial success with their modest April rate restoration efforts.
Confusion looms over policing US polluters
SHIPOWNERS and managers could face confusion over the enforcement of new US vessel general permit regulations that are meant to control ship discharges in US waters, a senior US legal executive said.
Hapag-Lloyd goes for cost cutting
GERMAN container line Hapag-Lloyd has started a major restructuring program that will see the company cut jobs and apply short-time work in an attempt to cut costs by €500m (US$661.9m).
Has code made shipping safer?
THE 10th anniversary of the International Safety Management Code enforcement has rightly provoked much discussion about its effectiveness. But perhaps we should not be surprised.
Hopes turn on Japanese
THE latest edition of Asian Development Outlook – released by the Asian Development Bank at the end of last month – predicts economic growth at 2.5% for this year and 3.5% in 2010.
Iraq poised for cargo comeback
IRAQ appears to have lined up its first major commercial shipping initiative since the toppling of Saddam Hussein by teaming up with Greece's Restis family shipping group for transporting dry cargo to the country.
Korea ship distress fund
NEWS reports in South Korea that the government plans to set up a Won4trn (US$2.9bn) ship fund to assist the nation's financially distressed shipping companies have been described as “broadly correct” by the Korea Shipowners Association.
Line set to trim
FRENCH container line CMA CGM is planning to cut operating costs by US$600m this year as it slides into the red following a sharp decline in 2008 profits.
More trouble ahead for sea, air freight
SEVERE global downturns in sea and air freight are rippling down to logistics operators, although “a more permanent unravelling of global supply chains” and “de-globalisation” is open to debate.
Nation of seafarers faces the jobs axe
The Philippines is a major exporter of labour, and hundreds of thousands of its citizens work in the shipping industry. David Osler reports on the potential consequences of the financial downturn
Pirates vow revenge, ships warned
PIRATES operating off Somalia have said the weekend's attacks by French and US forces have raised the stakes in the escalating maritime crisis, and hinted that they would avenge the deaths of their comrades.
Piracy spreading flames with a toxic mix of crime and politics
IN BOTH East and West Africa, the area considered at risk of pirate attacks is expanding, with incidents now taking place beyond the usual flashpoints such as Somalia and Nigeria.
Green light to go ahead with HNS protocol
DEBATES at the International Maritime Organization last week bore fruit with a draft protocol to the Hazardous and Noxious Substances (HNS) convention due to go forward to a diplomatic conference next year.
IMO urges lawmakers to push piracy fight forward
DELEGATES to the legal committee of the International Maritime Organization (IMO) have been getting through some serious work at its London headquarters recently.
Channel clears way for next growth stage for Melbourne
ASKED what he feared, British prime minister Harold Macmillan replied famously: “Events, dear boy – events.”
Good sign, Geelong
REPRESENTATIVES from leading mooring and monitoring equipment manufacturer Trelleborg Harbour Marine visited the port of Geelong recently to inspect a new Australian-built docking aid system, SmartDock, installed at the Shell Refinery Pier.
Hastings makes ready for battle in the future
ACCOUNTANTS, amongst others, may say “nothing is certain but death and taxes” but ports administrators know long-planning lead times can be added to the list.
Time to be different
SHIPPERS of containerised cargo are enjoying some of the lowest freight rates ever seen after a price war that has left lines providing ocean transport for next to nothing.
Longer dredge will channel trade into Port of Melbourne
SHE WAS barely recognisable, having had 50 metres added to her midsection, five metres to her stern and had been given a nose job.
Document Actions

 







 

 
  • © Lloyd's List Daily Commercial News