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| FEBRUARY 1, 2006 |
Shipping News
- Famed liner now a ghost ship in M'sia
IN her heyday she was the most glamorous ship on the seas, plying the transatlantic route and celebrated as the pride of France and one of the last of the classic ocean liners.
- US dock workers target pollution cuts at ports
UNION dock workers on Monday launched their first campaign to reduce air pollution from vessels calling at ports along the US West Coast, joining a wider global effort to curb pollution from shipping.
- Saudi Shipping to hike capital, float subsidiary
SAUDI Arabia's National Shipping Company will increase its share capital by half and float a 30 per cent stake in its National Chemicals Transport Company subsidiary, it said yesterday.
- Chemical tanker, cargo ship collide off France
- Somali pirates free 3 more fishing boats
Strait Talk
- Dubai buys itself a maritime centre
BY COINCIDENCE, I happened to be in Dubai last week, just as the bidding war between PSA and UAE-based DP World for P&O started to heat up.
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| FEBRUARY 1, 2006 |
- MSC enhances service from Far East to US west coast
- "K" Line, Yang Ming to start new loop in Asia-Mediterranean trade
- TSA to make fuel surcharges more responsive to market conditions
- New services, e-Terminal to help boost Westport's box throughput in 2006
- ANL Singapore appoints MacAndrews as UK, Ireland agent
- BNSF post 19pc higher revenues in 2005
- China Southern transports 42pc more cargo in 2005
- MASkargo introduces domestic fuel charges
- Korean Air's 2005 net profit takes a 61pc nosedive
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| FEBRUARY 1, 2006 |
- Persian Gulf oil tanker rates hit 8-week high
- Last profitable year for tankers, says report
- Mercator Lines posts Rs 56 cr. profit in Q3
- GML order gives HSL a shot in the arm
- Exorbitant vessels put brakes on fresh orders
- Essar Shipping posts Rs 31.23-cr. profit in Q3
- Second major order for ABG Shipyard in a month
- Five Oceans, just a year young,obtains coveted ISO 9001:2000 certificate
- Exports to be less chinta, more money!
- Ficci team to explore agri-food sector in UK
- Facility to claim DEPB benefits online soon
- Govt pitches for enlarged, more comprehensive CECA with Asean
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| JANUARY 31, 2006 |
- NASSCO gets ninth T-AKE
- L-3 completes Sam Electronics acquisition
- Industry group recommends inert gas for smaller tankers
- Ulstein books subsea vessel order
- New Rolls Royce coastal protection vessel
- Tenix and Navantia team
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| FEBRUARY 1, 2006 |
- Listing chemicals tanker towed to safety after collision with bulker
A BADLY holed Turkish-operated chemicals tanker was being towed towards the French port of Le Havre yesterday evening following a collision with a Polish Steamship bulk carrier 50 nautical miles west of the French port of Cherbourg.
- Brussels links casualty to liability plans
BRUSSELS attempted to capitalise on the chemical tanker collision in the Channel yesterday by linking it to European Commission plans for a new liability regime.
- Lack of reports hindered industry accidents probe
INVESTIGATIONS into a recent spate of accidents on chemical tankers was hindered by limited availability of casualty reports, the Inter-Industry Group set up to consider the issue said yesterday.
- Eitzen-Skaugen alliance creates largest pool of ethylene carriers
CAMILLO Eitzen and IM Skaugen are combining forces to create the world’s largest pool of ethylene carriers.
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| JANUARY 31, 2006 |
- Crew rescued after Channel collision
THE French emergency towing vessel Abeille Liberté was standing by this afternoon, preparing to tow the stricken Turkish chemical tanker Ece to safety
- Grounded tanker to be refloated today
SALVORS were to begin refloating the Petroleos de Venezuela tanker Kim Jacob today
- Heung-A, Korea Line post profit fall
SOUTH Korean operator Heung-A Shipping has attributed a steep drop in profits for 2005 to appreciation of the Korean won and the high price of oil
- Stena assesses Scandlines bid
- Red Funnel growth in the Solent
- Cargotec lays out acquisition strategy
- Posidonia forced to new venue
- Norwegians join in ethylene venture
- Ferry manager jailed for dumping
- Numast: end complacency over safety
- Crew rescued in Channel collision
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| JANUARY 31, 2006 |
- So. California looks to 'green' growth
Anti-pollution measures to help LA-Long Beach cope with growth could cost $10 billion: Planners.
- NY cocoa dispute resolved
- Vancouver growth lags rivals
- WTSA shifts fuel fee schedule
- UPS expands European hub
- NWA bumps fuel surcharge
- Air freight slows in 2005
- LA port security chief forms transport consultancy
- CP Rail profit gains, sees higher '06 revenue
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| JANUARY 31, 2006 |
- Minister calls for president’s intervention in Bojonegara project
Indonesia’s Minister of Transportation has called for presidential decision on the Bojonegara International Port project, following deadlock between investors and government, and even within the government.
- Inland Duisburg hopes to join world’s top 100 box-ports
- Intermodal terminal to boost Brazil’s Imbituba
- Interchange agreements link up more of North America
- Russian Troika to raise US$42m
- Maersk Line ups West Africa coverage with new feeder
- Chittagong Port’s four new cranes to ramp up handling capacity
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| JANUARY 31, 2006 |
- Teco adds to foreign fleet
US-flag bulker owner Teco Transport is putting yet another ship into foreign trade full time.
- Exmar counts the cash
Gas shipping specialist Exmar reports net annual earnings of $75m.
- Consolidation on the horizon?
Dry-bulk stock prices deserve a 'consolidation premium' that they are not getting from the equity investor, urges Stamatis Molaris.
- Ulstein signs Olympic deal
Norwegian yard to build multifunctional sub-sea ship for domestic owner.
- Inert gas action call
Shipping industry group united in support of flooding chemical carrier tanks with nitrogen.
- Ece to head for refuge
Turkish tanker damaged in Channel collision no longer in danger of sinking, owner says.
- NSCSA plots fundraising
Saudi tanker owner to boost share capital and float part of National Chemical Carriers unit to buy more ships.
- Battle to save Katya Z
Icebreaker and tugs bid to break a channel through to Bulgarian ship trapped for a week in thick ice.
- Iraq new piracy hotspot
Attacks on ships in Indonesian waters and Strait of Malacca fall as danger grows off Somalia and Iraq.
- Bijela on the block
Government puts 62.6% of Montenegrin shiprepairer up for sale.
- Navibulgar coffers bulge
Bulgaria’s national shipping company has continued to improve performance with strong 2005 results.
- Suezmax aground off Venezuela
Ernst Jacob tanker suffers hull damage but no oil leakage reported.
- Shipowners reunited
Camillo Eitzen and IM Skaugen get back together in new gas carrier alliance.
- Crew rescued after Channel collision
UK coastguard takes 22 men to safety after accident involving bulker, but Turkish chemical tanker’s cargo leaking.
- Severnav limps over the line
Poor fourth quarter hits profit at Romanian shipyard.
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| JANUARY 31, 2006 |
- Transpacific carriers shift to monthly reckoning for fuel surcharges
- Piracy attacks down to six-year low
- Crowley picks Leming to head Caribbean, Bahamas service
- APL ship still grounded
- IATA: U.S. airlines lost $10 billion in 2005
- UAL Corp. posts $17 billion 4th-quarter loss, predicts brighter future
- ANA Group's net income soars 96%
- Asian airlines' cargo up 3.3% in 2005
- UPS opens expanded automated package hub in Germany
- NWA Cargo to raise fuel surcharges
- Erickson to retire as Atlas Air chief
- Air Charter Service opens Dubai office
- CN to haul CSXT's Sarnia, Ont. traffic
- Trade community uneasy about Secret Service pick for CBP commissioner
- Plans for Secure Freight pilot test underway, DHS official says
- USDA eases restrictions on Argentine chicken imports
- Transplace names Higgins as global logistics vice president
- FPS relocates Xiamen office, receives three more "Class A" licenses
- Morris joins Arpin
- Port of Savannah handles 1 million TEUs in first half FY 2006
- New Orleans seeks additional $20 million for repairs
- TTI crosses 1 million lift barrier
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| JANUARY 31, 2006 |
- Fjord Line accuses Color Line of dumping
Bergen-based passenger/car ferry operator Fjord Line maintains that Color Line is trying to drive them out of the ...
- Coaster with drunken mate collides with Danish fishing vessel
The officer on duty was drunk, when a Gibraltar registered German-owned coaster crashed in the side of a Danish ...
- Sharp fall in piracy attack numbers
The number of reported piracy attacks in the world last year amounted to 276, the lowest number since 1999, according ...
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| JANUARY 31, 2006 |
- K-Sea remains buoyant despite barge sinking
Barge company posting quarterly loss but six-month profit and optimistic about expansion despite losing barge.
- PDVSA tanker aground
Refloating efforts starting today for suezmax stranded off Venezuelan oil port.
- Total welcomes newbuild bunker barge in Gabon
New barge offers more flexibility for Total's bunkering operations in ports and off-shore Gabon.
- Lubricator system offers 30-50% reduction in consumption, costs
In an era of rising costs and stretched supply of marine lubes, engine manufacturer says its lubricator system can offer significant cost savings.
- ARA: Barge player to launch new double hull this week
ARA region barge operator announces its new double-hulled barge will be in operation within the next week.
- Valero's Q4 bunkering margins indicate growth
Q4 and full-year results for Valero includes mention of bunkering margins.
- US-based supplier secures $22 million DESC contract
Bunker supplier wins contract to supply fuel oil to US navy.
- Cold snap hits Russian fuel oil exports, oil production
Production down 4% at some Siberian fields, oil companies pledge to cut fuel oil exports to meet domestic heating demand.
- Antwerp bunker conference set to clear the air
High calibre speakers at the inaugural ARACON event in April will help to clear the air on a variety of topics chosen by the industry.
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