Press-Digest

Balanced on a knife-edge 04/02/10

Source: www.businesstimes.com.sg
...shipping has to struggle on without the government support that some industries have received...

US ports climb out of shipping slump 04/02/10

Source: http://www.cargonewsasia.com
After suffering through their worst two-year stretch in history, ports in the US have begun climbing out of a deep hole brought on by the global economic collapse...

Asian port heavies hit by trade slowdown 04/02/10

Source: http://www.cargonewsasia.com
The big Asian container terminal operators saw profits and volumes fall last year as the global financial crisis hammered international trade...

Feature: There's a future in futures you know  04/06/10

Source: https://www.bimco.org
And just as the equity and commodity markets have rallied in the late winter and early spring of 2010, FFA markets have got off to a busy start, putting on strong volumes as owners and traders sought to cover positions in the rising - but very uncertain - market...

Africa groans under foreign shipping domination  04/06/10

Source: www.dailyindependent.com
...Africa, where there is a near total dependence on foreigners to provide shipping services without identifiable measures to develop indigenous capacity...

Focus on Outfitting in Ship Production  04/06/10

Source: http://www.setcorp.ru/
Hamburg / Germany, 6 April 2010 - The 4th European Conference on Production Technologies in Shipbuilding will address all topics concerning the outfitting in ship production. It will take place in Papenburg, Germany, April 29-30, 2010.

AAT March throughput grows by 41 percent  04/08/10

Source: http://www.cargonewsasia.com/
Asia Airfreight Terminal (AAT) announced that its throughput for the months of March hit 56,612 tonnes, a growth of 41 percent year-on-year.

Asia-Europe box volume surges 56 percent 04/12/10

Source: http://www.joc.com
Container traffic from Asia to Europe surged by 56 percent in February from a year ago and was close to pre-recession levels, according to the latest figures from ocean carriers...

Ports to consult on updated air action plan 04/13/10

Source: http://www.portworld.com
The Port of Los Angeles and the Port of Long Beach have announced the release of a draft Clean Air Action Plan (CAAP) Update...

Capacity overhang here for years, says Tung 04/15/10

Source: http://www.cargonewsasia.com
It could be three to four years before the container shipping business absorbs the overcapacity that currently plagues the industry...

Global maritime container traffic to reach 411.7 million TEUs by 2015 04/16/10

Source: www.strategyr.com
The up tick in the worldwide maritime container traffic is credited to a number of other factors...

Shipping sector focuses on reducing emissions  04/16/10

Source: thestar.com.my
The shipping industry, which transports about 90% of the world’s cargo, is developing “green” technologies that support the long-term sustainability of the sector...

Container traffic in 2009 down in Latin America, Caribbean -ECLAC report  04/19/10

Source: www.stabroeknews.com
Reduced spending power among Latin American and Caribbean nationals residing in the diaspora resulted in a 6.8 per cent drop in the shipping of containerized goods into the region in 2009 compared with the previous year...

Turkey urged to develop its shipping infrastructure 04/19/10

Source: www.hurriyetdailynews.com
Three new seaports will become the government’s priority infrastructure projects in the coming years...

Step forward on air pollution from shipping 04/20/10

Source: www.transportenvironment.org
The IMO’s decision last month to approve the ECA proposal came in the shortest possible time: just one year since it was first proposed...

CKYH Alliance goes green 04/20/10

Source: www.kline.co.jp
CKYH Alliance announced they would update the name as "CKYH - the Green Alliance" which embodies its strong determination on environmental protection...

Asian shipowners lament new range of global restrictions 04/21/10

Source: http://www.schednet.com
Despite the concerns however, the delegates - representatives from shipowners groups from across Asia - agreed that the standardisation of rules, the Rotterdam Rules, was needed...

Irish ports and shipping sector begins recovery from record fall in volumes during 2009  04/21/10

Source: www.imdo.ie
...breakbulk volumes in commodities such as timber, aggregates, steel and plaster falling by as much as 49% to pre-boom levels...

Lessons from the slump: shipping companies learn how to boost performance during downturns 04/21/10

Source: www.informaglobalevents.com
A diverse range of businesses in the shipping sector are learning how to turn the recent downturn into an opportunity by applying smart management approaches to existing processes and data...

Cargo theft costs $10 billion per year 04/22/10

Source: http://www.joc.com
Cargo theft in the United States is a big business, totaling as much as $10 billion a year...

Port of Gothenburg welcomes tax break in spring fiscal policy bill  04/22/10

Source: www.transportweekly.com
The Port of Gothenburg welcomes the Swedish government proposal to ease tax on Onshore Power Supply for vessels...

Are pirate ransoms legal? Confusion over US order  04/22/10

Source: ap.org
Shipping companies with U.S. interests don't know if they are allowed to pay ransoms to Somali pirates anymore after President Obama declared them an "extraordinary threat"...

Port of Rotterdam: Southern Germany a priority 04/23/10

Source: www.portofrotterdam.com
...Southern Germany was the exclusive ‘hunting ground’ of the North German ports, on the grounds of distances, tariffs, sentiment and convenience. The port of Rotterdam now has something competitive to offer...

Modest recovery forecast for box trade 04/26/10

Source: http://www.cargonewsasia.com
Despite strong volume increases in the opening months of this year, worldwide ocean container trade is expected to see only a modest recovery over the next couple of years, growing by around 11 percent in 2010 as a whole and five to six percent in 2011...

Abolishment of conferences has no affect on rates 04/26/10

Source: http://www.cargonewsasia.com
Abolition of liner conferences in European trades with Asia and other parts of the world in late 2008 has to date had little, if any, impact on the container shipping market, at least as far as major shippers are concerned...

China ports cautious despite rise in volumes 04/26/10

Source: http://www.cargonewsasia.com
Sharp increases in cargo volumes in the first quarter have not dispelled the shadow cast by the recession. The slow and wobbly recovery in demand leaves analysts cautiously optimistic about growth in trade the rest of the year...

ADB: Roro system cuts transport costs by 10-60%  04/28/10

Source: www.abs-cbn.com
The roll-on, roll-off (Roro) system has allowed transportation costs to decline by as much as 105 to 60% since the system was put in place in 2003...

Need for rethinking about when to sail around the Cape of Good Hope? 04/30/10

Source: www.bimco.dk
US President Obama has issued an Executive Order... which could have an impact on the possibility for paying ransom under some circumstances...



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