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10 August 2020 The on-line newspaper devoted to the world of transports 01:39 GMT+2

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The Business Timesweb site
AUGUST 1, 2006
Shipping News
  • China's Cosco Shipyard in US$113m expansion drive
    CHINA's largest shipyard group, the Cosco Shipyard Group , is pumping in US$113 million to expand three of its seven shipyards, boosting its capacity by 28 per cent within a year's time, its main shareholder said yesterday.
  • Somali militia frees Korean trawler, crew
    SOMALI militiamen freed a South Korean trawler and its 25-man crew on Sunday and were probably paid about US$400,000 for their release, an east African maritime organisation said.
  • Fears of toxic spill allayed
    THE danger of a hazardous chemical spill at Keppel's Batangas Shipyard has diminished following the discovery by salvage divers that the sulphuric acid cargo carried by a chemical barge, which sank at the shipyard's pier, has been diluted by seawater.
  • PSA adds capacity at Voltri terminal
  • SK Shipping orders 2 VLCCs for US$250m
  • M'sian yard wins escort tug order
Port Shots
  • Port Shots
    BELGIAN owner CMB, whose main business activity is dry bulker operation Bocimar, made a net profit of 68 million euros in the first half of this year, compared to 78 million euros in the same period in 2005.

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Sched Netweb site
AUGUST 1, 2006
  • WTSA to raise US-Asia waste paper rates from September
  • Birkart says e-billing is way forward
  • Volumes up slightly at Sino-Russian checkpoint in H1
  • PSA's Genoa terminal receives new quay crane
  • Fangcheng H1 cargo volumes rise 41.5pc
  • Embarcadero teams up with Savi Networks at US ports
  • HK's airport authority to invest in new freight zone at Pudong Airport
  • United Airlines to add 40 Asia Pacific flights to network
  • Malaysia Airlines to unbundle domestic services

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Exim Indiaweb site
AUGUST 1, 2006
  • ANL launching 2 new services covering Indian Subcontinent
  • Rosy hue in ship paint manufacturers' prospects
  • Insurance cover rule for ships suspended
  • Transworld launches its first newbuild, OEL Singapore
  • MOL opens own office in Ahmedabad
  • Evergreen enters into slot-charter agreement with Hanjin on two trade lanes
  • STX Pan Ocean to start new intra-Asia service this month
  • MISC joins OOCL & TSK on Middle East Asia Express (MAX) service
  • Newbuild OOCL Europe to serve Asia-Europe trade
  • TS Lines bolsters China-Japan services
  • OOIL orders 4 boxships
  • DCT Gdansk selects Liebherr to supply cranes for Poland's 1st deepwater box terminal
  • "K" Line adding service from Asia to Gulf of Aden/Red Sea
  • Tianjin port teams up with Cosco, A.P. Moller in JV
  • USS Product Carriers orders 9 ships
  • AADA to levy PSS from mid-Aug.
  • PSA reviving long-delayed IPO, says report
  • PWC Logistics & SPAN Group complete objectives
  • DP World to invest in Egyptian port
  • Coir Board draws up plans to achieve Rs 1,000-cr. export target
  • Fieo stresses need to lure more mother vessels to Chennai Port
  • Workshop on HIV/AIDS awareness held at MbPT
  • S. Velumani takes over as CMD of Ennore Port
  • Passport to be mandatory to cross Petrapole from Jan. 2007
  • Forex earnings from tourism doubled
  • Govt mulling gradual reduction in Asean palm oil import duties
  • Tatas earmark Rs 100 cr. for Tada leather SEZ
  • Rubber export packing facility to come up in Kochi
  • Govt to open tobacco co. in Russia

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Maritime Global Netweb site
JULY 31, 2006
  • Horizon's good first half
  • Three engineers lose their certificates for exam fraud
  • EU to spend euros35m on transport projects
  • NWA and GA in joint service
  • Finnlines takes delivery of delayed ferry

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Marine Logweb site
JULY 31, 2006
  • Promotions at Crowley Maritime
  • Multraship orders Carousel tugs

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World Wide Shipperweb site
JULY 31, 2006
  • WTSA member carriers eye waste paper rate increase
  • Horizon Lines sees gains in second quarter numbers
  • Deal reached for cleanup of Asarco smelter site in Tacoma
  • NASSCO lays keel for fourth T-AKE vessel
  • Crowley Maritime taps Harland for West Coast/Alaska VP post

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Lloyd's Listweb site
AUGUST 1, 2006
  • Lebanon storage tank oil spill heads for Syria
    TAR from a major oil spill fouling the coast of Lebanon has reached Syria, underlining fears that the pollution could spread to a wider area as continuing hostilities frustrate clean-up operations, writes Nigel Lowry in Athens.
  • Green light for Med pollution alliance
    MORE than a year after the announcement of an ambitious new pollution-fighting taskforce for the Mediterranean, the initiative finally appears to be moving forward with leading participants expecting an effective launch date this autumn.
  • Angry lines condemn GE's container security initiative
    THE US-based World Shipping Council has hit out at what it says is an attempt by IT giant General Electric to promote its own container security product via a not-for-profit global standards organisation.
  • Woman missing from Royal Caribbean cruise
    INVESTIGATIONS are continuing into the disappearance of a passenger from Royal Caribbean's Voyager of the Seas last week.

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Fairplayweb site
JULY 31, 2006
  • Bush, Blair visit US ports
    WHILE UK prime minister Tony Blair focuses on the environment at the Port of Long Beach today, President George Bush is promoting free trade in Miami
  • Drifting vessel forces oil rig shutdown
    THE breakdown of an Indian-owned feeder container ship yesterday led to the shutdown of oil production from ONGC's Bombay High oil platform
  • NAT grows after two-ship deal
    NORDIC American Tanker Shipping (NAT), the Bermuda-based Suezmax owner managed from Norway, has extended its expansion by the acquisition of two ships
  • Venezuela repeats US oil threat
    VENEZUELAN officials have once again threatened to curtail oil shipments to America, although most analysts continue to believe such a move is unlikely
  • Frustrated Mass officials look for next step
    MASSACHUSETTS activists whose efforts to enforce a state oil spill prevention act were rebuffed last week are being urged to work with the Coast Guard
  • Barcelona passengers in heat rage
  • Iran to boost Caspian presence
  • Polembros eyes dumping at Gadani
  • SNCM goes solo in Corsica tender
  • Cougar Ace 'stable'
  • SCI profit takes a hit
  • Yards boost Keppel profit
  • Felda to sell remaining ships
  • Citgo faces spill probe

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The Journal of Commerceweb site
JULY 31, 2006
  • Industry coalition offers Senate guidance for supply-chain security legislation
    A broad coalition of supply chain interests is urging the Senate leadership what to include -- and leave out -- of new security legislation.
  • Call to revive Doha talks
  • Horizon turns profit in Q2
  • Savannah passes 2M TEUs
  • Export ABCs: UPC update
  • China start-up hits Matson net
  • Halifax feeder ship seized
  • India seeks foreign investment with SEZ plan
  • Trinity sells European unit
  • Rate hike for wastepaper
  • CSAV makes Charleston move
  • TNT mulls sale of freight management unit
  • Zim's Stramer dies of heart attack
  • Storm haunts ISC results

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Containerisation Internationalweb site
JULY 31, 2006
  • APMT to expand in Aqaba
    APM Terminals has signed a 25-year contract to manage, operate and expand Aqaba Container Terminal, but despite the emphasis on regional gateway status, rather than transhipments, ship size remains important.
  • Politics can put brakes on US state tolling programmes
    With existing sources of US highway-funding seemingly unsustainable, while policy increasingly rejects 'building out of congestion', half the US states are looking at road-tolling programmes, according to the government watchdog.
  • WTSA raises US-Asia waste paper rates
  • Samudera Indonesia sees profits fall and sales expand
  • Reduced container freight rates help pull down SCI profits
  • TNT posts increased revenues from ocean freight
  • Two more loops between Korea and China
  • CMA CGM lured by Brazilian shrimp
  • Szczecin-Swinoujscie see 18% growth

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TradeWindsweb site
JULY 31, 2006
  • OMI tops $22
    Stamford owner has highest shares closing ever after favourable review in Barron's.
  • Quarter ONE
    Omega Navigation turns a profit in its first three months as a public company.
  • Cruise death confirmed
    Florida woman apparently fell from deck of Royal Caribbean vessel.
  • NATS makes it three
    But Herbjorn Hansson is not confirming he has written George Procopiou a $246m cheque.
  • Navibulgar notches less
    State-owned Bulgarian shipping company's earnings down in first half, as revenues fall and costs rise.
  • Great Eastern goes south
    Earnings for Indian owner fall 20% in first quarter after last year's stellar performance.
  • Westfal-Larsen riches revealed
    Asset value of Bergen-based shipping family's companies reaches at least NOK 6bn ($971m).
  • Numbers up at Cosco Corp
    Spate of ship repair and conversion orders pushes turnover and profit up at Cosco Corp (Singapore).
  • Cheating officers stripped
    Three engineering officers lose certificates of competency over examination fraud.
  • SKS eyes new box run
    Indian owner wants partner to launch containership service to Sri Lanka and Pakistan.
  • US equity muscles in on Pipavav
    Indus Capital and another investment company to take stakes in company building big new Indian shipyard.
  • Gulf signs with Glencore
    IPO owner reportedly ties up three handymaxes with US commodity group.
  • Samudera hit by double whammy
    Rising bunker costs plus lower rates take their toll on Indonesian owner's second quarter figures.
  • WTSA hikes rates
    Transpacific carriers slap surcharge on westbound boxes laden with costly wastepaper.
  • Mariner struck again
    Royal Caribbean ship suffers second norovirus outbreak this year as 300 passengers are laid low.
  • Blue Lady break-up to go ahead
    Hazardous materials deemed within scope of Alang shipbreakers by Indian government-appointed committee.
  • QM2 crewman pleads guilt
    Filipino seafarer admits killing colleague, will remain in custody until sentencing in late September.
  • BLT serves up tasty half
    Berlian Laju Tanker of Indonesia increases first-half income and revenue but second quarter down a little.
  • Mitsui back in black
    Japanese shipbuilder returns to profit in first quarter to 30 June, as revenues soar.
  • Broker boosts research
    Braemar Seascope appoints Australia based research manager to increase dry bulk coverage.
  • Asbestos prosecution
    Aussie shipowner stuck with record fine for failure to maintain a safe workplace on cement carrier.

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American Shipperweb site
JULY 31, 2006
  • Grand, New World alliances partner on new Asia/U.S. East Coast service
  • WTSA recommends $50 per FEU hike in wastepaper rates
  • Matson's 2nd-quarter operating income down 37%
  • Horizon Lines posts $6.4 million second quarter profit
  • Uncertainty over New Orleans terminal hurts ISG earnings
  • TORM sells off three bulk carriers
  • China Shipping establishes Indian subsidiary
  • Crowley promotes Harland
  • UAL's posts first 2nd-quarter profit since 2000
  • CBP seeks 50% fee hike for express waybills
  • YRC's profits up 21% in 2nd quarter
  • Ex-Chief of Staff Card joins UP board
  • GAO: Defense's critical technology export lists of "questionable value"
  • U.S. corn refiners prepare to re-enter Mexican market
  • Kuehne + Nagel appoints managing directors for Mexico, Canada
  • Padmanabhan tabbed to lead Management Dynamics India subsidiary
  • Globe Express opens Istanbul, Dalian offices
  • Aqaba signs deal with APM Terminals
  • M Ship sues ICE Marine over patent infringement
  • Blair to visit Port of Long Beach today
  • Quay crane delivered to Voltri Terminal Europa
  • Canadian shipbuilder seeks protection from creditors

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The Scandinavian Shipping Gazetteweb site
JULY 31, 2006
  • Hurtigruten reflagging
    After 168 years of sailing under Norwegian flag, two of Hurtigrutens vessels will reflag. The vessels' Norwegian crews are replaced ...

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The Bunker Bulletinweb site
JULY 31, 2006
  • Fuel cost exceeds cruise line's forecast
    Bunker bill running higher than Royal Caribbean expectations, blamed for profit fall.
  • Valero expects bunkers to pick up in fourth quarter
    Company posting positive second quarter results, with better numbers to come.
  • Marine environment becomes casualty of war
    International effort underway to address environmental disaster after bombed power plant leaks thousands of tonnes of fuel oil.
  • Scrubbers for bigger engines expected by year-end
    Krystallon scrubbers geared to fit European ferry sector targeted by upcoming EU sulphur directive, as well as SECA needs.
  • Rotterdam down sharply on lower crude/barge market
  • K Line lowers profit forecast
    Shipowner's mixed fleet expected to improve revenue, but fuel cost is hurting the company's profits.
  • Hong Kong: Fifteen suppliers on official 'Annex VI' register
    Since Annex VI came into force on May 19, 2005, 15 bunker suppliers in Hong Kong have confirmed their compliance with the regulation.
  • Shipping firm posts 84% drop in Q2 profit
    Singapore-listed shipping firm attributes fall in profit to high bunker costs and low freight rates.
  • Titan seeks to expand delivery capability with new barges
    Additional barges will initially be deployed in Titan's existing bunkering markets before expanding to other Asian ports.

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