Unable to start Soap UI : no error messages

I am using Soap UI versio 3.0.1
It was working fine until last two weeks, now when I launch soap UI, it just disappears.
No error messages.
From the Soap-UI error.log file, the error log displays as below
Any pointer would be much appreciated

2010-04-22 11:04:23,660 ERROR [errorlog] java.net.SocketTimeoutException: Read timed out
java.net.SocketTimeoutException: Read timed out
at java.net.SocketInputStream.socketRead0(Native Method)
at java.net.SocketInputStream.read(Unknown Source)
at com.sun.net.ssl.internal.ssl.InputRecord.readFully(Unknown Source)
at com.sun.net.ssl.internal.ssl.InputRecord.read(Unknown Source)
at com.sun.net.ssl.internal.ssl.SSLSocketImpl.readRecord(Unknown Source)
at com.sun.net.ssl.internal.ssl.SSLSocketImpl.performInitialHandshake(Unknown Source)
at com.sun.net.ssl.internal.ssl.SSLSocketImpl.writeRecord(Unknown Source)
at com.sun.net.ssl.internal.ssl.AppOutputStream.write(Unknown Source)
at java.io.BufferedOutputStream.flushBuffer(Unknown Source)
at java.io.BufferedOutputStream.write(Unknown Source)
at java.io.FilterOutputStream.write(Unknown Source)
at org.apache.commons.httpclient.WireLogOutputStream.write(WireLogOutputStream.java:86)
at org.apache.commons.httpclient.methods.ByteArrayRequestEntity.writeRequest(ByteArrayRequestEntity.java:90)
at org.apache.commons.httpclient.methods.EntityEnclosingMethod.writeRequestBody(EntityEnclosingMethod.java:499)
at org.apache.commons.httpclient.HttpMethodBase.writeRequest(HttpMethodBase.java:2114)
at com.eviware.soapui.impl.wsdl.submit.transports.http.support.methods.ExtendedPostMethod.writeRequest(ExtendedPostMethod.java:88)
at org.apache.commons.httpclient.HttpMethodBase.execute(HttpMethodBase.java:1096)
at org.apache.commons.httpclient.HttpMethodDirector.executeWithRetry(HttpMethodDirector.java:398)
at org.apache.commons.httpclient.HttpMethodDirector.executeMethod(HttpMethodDirector.java:171)
at org.apache.commons.httpclient.HttpClient.executeMethod(HttpClient.java:397)
at com.eviware.soapui.impl.wsdl.submit.transports.http.HttpClientRequestTransport.sendRequest(HttpClientRequestTransport.java:170)
at com.eviware.soapui.impl.wsdl.WsdlSubmit.run(WsdlSubmit.java:122)
at java.util.concurrent.Executors$RunnableAdapter.call(Unknown Source)
at java.util.concurrent.FutureTask$Sync.innerRun(Unknown Source)
at java.util.concurrent.FutureTask.run(Unknown Source)
at java.util.concurrent.ThreadPoolExecutor$Worker.runTask(Unknown Source)
at java.util.concurrent.ThreadPoolExecutor$Worker.run(Unknown Source)
at java.lang.Thread.run(Unknown Source)
2010-04-22 11:53:04,057 ERROR [errorlog] java.net.ConnectException: Connection refused: connect
java.net.ConnectException: Connection refused: connect
at java.net.PlainSocketImpl.socketConnect(Native Method)
at java.net.PlainSocketImpl.doConnect(Unknown Source)
at java.net.PlainSocketImpl.connectToAddress(Unknown Source)
at java.net.PlainSocketImpl.connect(Unknown Source)
at java.net.SocksSocketImpl.connect(Unknown Source)
at java.net.Socket.connect(Unknown Source)
at java.net.Socket.connect(Unknown Source)
at java.net.Socket.(Unknown Source)
at java.net.Socket.(Unknown Source)
at org.apache.commons.httpclient.protocol.DefaultProtocolSocketFactory.createSocket(DefaultProtocolSocketFactory.java:80)
at org.apache.commons.httpclient.protocol.DefaultProtocolSocketFactory.createSocket( 
Thanks in Advance
Shanks