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| JANUARY 1, 2006 |
Shipping News
- Study uncovers hazards in anti-collision system
THE widespread adoption of new collision avoidance technology has had no discernable effect on the high incidence of collisions at sea, according to a new study.
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| JANUARY 1, 2006 |
- Increasing steel imports by China may push up freight rates for Capesize ships
- IRISL to expand bulk carrier fleet
- A. K. Mohapatra steps in as D. T. Joseph retires
- Essar Group to set up Rs 13,000-cr. SEZ at Hazira
- Albatross Shipping handles 1st LCL box for Pakistan ex-ICD-Sabarmati
- Galvanised steel makers want import duty on zinc to go
- Anti-dumping duty on Chinese silk yarn under study
- ECGC to offer special insurance cover for seafood exporters
- NMDP identifies plethora of maritime projects entailing Rs 1,00,339-cr. investment over 20 years
- Tidings of joy! JNPT crosses 2.5-m TEU mark in 2005
- Karwar port sanctioned funds for infrastructure, dredging & warehousing
- Shipping Trade Practices Bill covering all intermediaries on way
- Patel Roadways to enter warehousing business
- India moving closer to global economic goal
- SPV for Mangalore SEZ to be formed by Jan. 15
- Food processors seek uniform 8 pc excise
- Govt may allow states to levy VAT on tobacco products
- AP govt to develop IT SEZ
- CII lays stress on growth of manufacturing sector
- Hinduja proposes free trade zone at Indo-Pak border
- Bharat Chamber asks govt to scrap MAT
- BCC&I to hold ‘India LNG 2006’ conference on Jan. 9, 10
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| DECEMBER 30, 2005 |
- MISC gets Yemen LNG contract
- Guaymas could be new transhipment hub
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| DECEMBER 30, 2005 |
- Lighter sentences recommended for S.I. ferry crash pair
- Miles and Downey step down at CP Ships
- Promotions at Crowley Maritime
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| DECEMBER 30, 2005 |
- Port of Kalama taps Sweet as newest commissioner
- Avion Group adding to Boeing freighter order
- Miles, Webber leaving positions with CP Ships
- Crowley Maritime names Warner senior VP and treasurer
- Railroads present mixed bag for weekly freight numbers
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| DECEMBER 30, 2005 |
- China expects near doubling of output
THE Beijing-based China Shipbuilding Economy Research Centre forecasts that China’s 2005 shipbuilding total will reach 12.5M tonnes, according to a China Daily report
- Sovcomflot denies over-pricing charge
STATE-owned Russian shipping company Sovcomflot has issued a strong denial of allegations that a recently-signed newbuild contract is over-priced by about $150M
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| DECEMBER 30, 2005 |
- North Carolina eyes major new port
The ports authority wants to build a 2 million-TEU hub in Southport, near the southern tip of the state.
- U.S. to miss CAFTA target
- Shippers warned on Chinese imports
- APL ship aground off Ensenada
- MSC (USA) announces executive promotions
- UP set to open new Utah terminal
- Canadian ports optimistic
- Cosco Pacific to acquire stake in Port Said terminal
- LA, Long Beach ports enter environmental pact
- Siebel shareholders to vote on Oracle deal
- Trucking revenue up, Census Bureau reports
- Crowley promotes two
- CN, engineers reach pact
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| DECEMBER 30, 2005 |
- Voting goes live for CI Awards 2006
Voting has now gone live for CI Awards 2006, Containerisation International’s first annual awards ceremony, which will be held in New York on Thursday March 23, 2006.
- CP Ships settles Maersk ANZ slot deal
Hapag-Lloyd-owned CP Ships will take slots on rival Maersk’s new weekly Oceania Pendulum service from February.
- Breached Valour cannot be re-floated
- Suez Canal to get 20m draught
- Record fine for polluting German boxboat
- Ray Miles steps down as CP Ships’ CEO
- Transhipment boosts volumes as Van Slobbe joins Rotterdam authority
- Profit fall sees PSA delay public listing
- Gwangyang extends port fee exemption
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| DECEMBER 30, 2005 |
- Challenge to Panama?
Mexico is investing $3.3bn in an overland alternative to the Panama Canal.
- Not budging till next week
The German owners of the APL Panama deny that their ship’s grounding was caused by a failure to follow rules.
- 76 ships for SCI?
India’s transport minister wants to commit serious capital to state-controlled Shipping Corp of India (SCI).
- Seaway on ice
Tempers are up on the Welland Canal as the season's last vessels make their way out of the St Lawrence Seaway.
- Cosco partners Maersk
Cosco Pacific is getting a toehold in the Middle East with a 20% stake in the Port Said container terminal.
- Sydstraum under tow
A Norwegian chemical tanker is under tow to Poland after its grounding in Danish waters.
- Shanghai claims crown
Chinese port predicts it has overtaken Singapore to become world’s top cargo gateway.
- Green Reefer renews
Norwegian shipowner is in the market for modern tonnage after $30m deal to dispose of oldest vessels.
- EA Technique inks new ships
Malaysian owner orders product and chemical tankers at domestic yard with possibility of more to come.
- Indian crew to strike
Ratings set sights on work stoppage on January 31 over impasse on $22m provident fund scam.
- Ray Miles retires (again)
CP Ships chief calls it a day as post takeover integration with Hapag-Lloyd moves ahead
- CP Valour doomed
Containership stranded off the Azores is to be broken up after salvage efforts fail.
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| DECEMBER 30, 2005 |
- Miles leaves CP Ships, Webber to follow
- Evergreen Group to establish Italian joint venture agency
- Crowley promotes Mead, Warner
- Avion Group orders four more 777 freighters
- CP Railway reduces 2006 capital budget
- FMC plans upgrade to filing system
- Hong Kong reopens borders to U.S. beef
- USDA approves trade help for Florida avocado growers
- U.S. considers imports of South Korean peppers
- U.S. considers restoring Liberia's GSP status
- Fahy to replace Chiavi as DHL Danzas Air & Ocean boss
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| DECEMBER 30, 2005 |
- US bunkers, crude end year firmer
Markets bullish to finish a 'rollercoaster' year.
- BC Ferries raises fuel surcharge again
British Columbia ferry company seeking new levies to cover fuel cost deficit, facing new fuel saving targets.
- Port of Rotterdam: Growth remains buoyant
Port setting new records in 2005, growth especially strong in oil products throughput.
- Russian finance ministry revises oil export duties lower
A revision of Russian export duties for oil and oil products will likely see increased crude oil exports in February.
- DOE & API at a glance: This week's key US inventory figures
- Rotterdam little changed Friday
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