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| JANUARY 4, 2006 |
Shipping News
- Bidding begins for US$600m Panama container port project
THE bidding process for Panama's US$600 million container port project kicked off yesterday with global port operators, including PSA International, set to square off yet again.
- Ship in Gulf of Aden wards off pirates
PIRATES in speedboats targeted a tanker in the Gulf of Aden on Monday in one of four incidents reported worldwide in the past week, according to the International Maritime Bureau.
- Asbestos warship heads for India
A French warship insulated with asbestos which is at the centre of a court battle with environmental groups, resumed its final journey to an Indian breaker's yard on Monday, authorities said.
- Dubai buys UK's Inchcape for US$285m
Strait Talk
- Rising costs to squeeze ship owners
THERE are few signs that the relatively good times enjoyed by most sectors of the shipping industry will come to an abrupt end in 2006.
Port Shots
- Port Shots
CHINESE scientists are about to embark on a complex operation to salvage a merchant ship that sank more than 800 years ago while plying the so-called 'Marine Silk Road', state media said yesterday.
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| JANUARY 4, 2006 |
- Cosco Pacific acquires stake in Egyptian port
- Jardine sells its share in Baltrans
- Evergreen establishes agency in Italy
- FPS warns of new Chinese wooden packaging rules
- Shandong distribution industry to enjoy preferential treatment
- Adolf Adrion named new CEO of CP Ships
- Prologis to build logistics centre in Chongqing
- MSC reshuffles US management
- Korean Air throughput up in November
- UAL creditors accept reorganisation plan
- easyJet signs for 20 more Airbus A319s
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| JANUARY 4, 2006 |
- French court clears warship for Alang shipyard
- DCI deploys Dredge VII at Haldia
- 884 Sensitive List items in SAFTA pact to ensure slow increase in imports
- EU may extend tariffs on Indian polyester fibre
- Pharmaceutical exports growing by 30 pc
- PM to inaugurate top class expo centre at Greater Noida
- Textile exports to US shoot up
- Exim Bank signs $ 27 m LoC with mali
- Govt cuts base import price of edible oils
- India pulls ahead of China in car exports
- Finance Ministry taking fresh look at export sops
- DBC Group’s Speedy Transport to run JNP-CFS and buffer yard
- GMB asks Hutchison to take early decision on Mithivirdi port project
- Mundra Port on course to perform even better feats
- Vizag Port blazes new trail in monthly throughput
- ChPT may open bids for 2nd container terminal in 3 weeks
- Mumbai Port registers impressive 27 pc growth in April-Dec. 2005
- 2006 focus to be on infrastructure, investment & implementation-PM
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| JANUARY 3, 2006 |
- New DHL Danzas air and ocean manager
- Evergreen Italy to represent Evergreen Group in Italy
- Budapest airport goes to BAA
- Finno-Russian container train launched
- Fedex net income increases 33%
- France proposes compensation for VAT on tolls
- McLeod Software announces new Maptuit Partnership
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| JANUARY 3, 2006 |
- PPL Shipyard to build jackup for Aban Loyd Chiles
- Keppel Singmarine lands anchor handler
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| JANUARY 4, 2006 |
- Bow Mariner master slammed by USCG
THE master of Odfjell-owned chemtanker Bow Mariner - on board which 21 seafarers died in two successive explosions in February 2004 - abandoned ship without sending a distress signal or trying to save the crew, according to a US Coast Guard report released yesterday.
- Report reopens chemtanker safety debate
THE US Coast Guard report on the Bow Mariner casualty will reopen the current debate on chemtanker safety, writes David Osler.
- Police probe death of OOCL’s Rombouts
BELGIAN police are investigating the death of a senior OOCL executive who died just before Christmas, writes Janet Porter.
- Fatal accident prompts alert over Taiwan-made lifeboats
Owners of ships fitted with lifeboats from a Taiwanese manufacturer have been asked to have these checked by a classification society or lifeboat specialists following an accident which killed two seafarers and seriously injured three others.
- Fred Olsen to put multi-million Munch collection under the hammer
Norwegian shipowner Fred Olsen (right) is to put his collection of Munch paintings under the hammer at Sotheby’s next month in a sale estimated to be worth between £8m-£11.2m ($14m-19m).
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| JANUARY 3, 2006 |
- Orphalese rising
YET another condominium cruise ship – the Orphalese – has opened sales to prospective buyers, with developers marketing a design by Aker Finnyards
- Bow Mariner: captain to blame
A USCG report into the February 2004 sinking of the chemical tanker Bow Mariner suggests that friction between the officers and crew was partly to blame
- NOL capital cut approved
SHAREHOLDERS of Singapore listed-Neptune Orient Lines have given their approval for the liner and logistics company’s capital reduction exercise
- Adrion appointed CEO at CP Ships
- Collision probe focuses on Zim officer
- Venezuela secures control of oil fields
- Electra sells ISS to Dubai for $285M
- MISC in talks to take Teekay stake
- Scandlines for sale at $950M
- MTU sold to fund Mercedes job losses
- Salvors work to refloat boxship
- PSA listing will be delayed
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| JANUARY 3, 2006 |
- Lines expand Americas service
Safmarine, Maersk Sealand and MSC return America Express Service to Southern Africa to fixed day, weekly service this week.
- Boston lures China airline
- New name for Lloyd Triestino
- APL ship still aground off Ensenada
- Adrion new CEO of CP Ships
- FMC upgrades NVO e-filing
- K&N completes ACR buy
- Dubai buys Inchcape Shipping Services
- India bill to monitor shipping trade
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| JANUARY 3, 2006 |
- NOL shareholders green-light slimmed down capital structure
Shareholders have given Neptune Orient Lines, parent of APL and APL Logistics, the green light for a capital reduction exercise that will return S$0.92 (US$0.55) for each share they hold.
- Updated: APL Panama still aground
- Ulsan and Gwangyang ports lure more cargo
- India’s Tata eyes Mongla Port
- Java’s Bojonegara Port invites more investors
- ‘Flying Dutchman’ re-establishes Rotterdam-Wels link
- Norway/Continent services rationalised
- HPH apply for improved rail connection at Felixstowe
- IT’S a New Year for Lloyd Triestino
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| JANUARY 3, 2006 |
- Bond convertible
Zero-coupon convertible notes can again be turned in for shares in cruiseship owner Royal Caribbean.
- USCG slams Ceres
The US Coast Guard is refusing to step up port-state control to prevent future Bow Mariner incidents (read inside).
- Dead master castigated
Serious operational failures on Odfjell chemical carrier Bow Mariner blamed for tragedy that cost 21 lives.
- Korea ends Stolt probe
Parcel tanker owner slips another hook but is still on the line in America and Europe.
- Eitzen gains Sigloo
Norwegian group convinces last shareholders in ethylene gas carrier partnership to sell up.
- Inchcape sale confirmed
Sultan Ahmed Bin Sulayem splashes out another $285m to raise Dubai’s maritime game.
- Boxship blaze
German-owned boxship MOL Renaissance suffers fire in No 2 hold as it sails in Indian Ocean.
- Fred Olsen plans big sale
Auction of Edvard Munch works may raise $15m for elderly Norwegian shipowner.
- Fredriksen ups SeaDrill stake
Shipping magnet tightens his grip on Oslo-listed offshore venture with $3.5m share purchase.
- HADI back at Keppel
Saudi owner books four anchor handlers as Singapore yards confirms three deals worth SGD120m.
- Vita issues profit warning
Downturn in China market prompts fledgling Singapore shipowner to forecast first half loss.
- MISC completes Affin sale
After numerous official approvals Malaysian shipowner finally offloads bank stake to latter’s parent.
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- CP Ships names Adrion CEO, Kranich CFO
- MSC (USA) promotes seven executives
- NOL shareholders approve of S$1.34 billion cash distribution
- Lloyd Triestino will change its name to Italia Marittima
- MSC, Maersk add eighth ship to U.S. East Coast/South Africa loop
- Seaboard bolstering container fleet
- Creditors approve UAL Corp.'s reorganization plan
- TNT agrees to sell Logistiques Ladoux
- TNT buys ISH Nocní Expres
- Bangkok Airways orders six A350s
- Schneider new software to select trucking providers
- UP gives Barnes new role in Chicago
- Shippers must follow new Chinese wood packaging rules
- Bush rejects trade protection for steel industry
- Port of Long Beach starts green flag program
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| JANUARY 3, 2006 |
- Report nail in the coffin for passengers suing NCL
A report from the US National Transportation Safety Board, NTSB, has become a heavy blow for the passengers on Norwegian ...
- Taubåtkompaniet takes control of Kystlink
Taubåtkompaniet in Trondheim has taken control of Langesund-based Kystlink wth 55.3 per cent of the shares after having bought ...
- Judgement against Tordenskjold
Bergen shipowners Kristian Gerhard Jebsen Skipsrederi (KGJS) won the first court battle against Tor Johan Stuve, his partners and several ...
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| JANUARY 3, 2006 |
- Shell suspends Montreal barging for the winter
Ex-wharf and truck delivery for vessel calls in Montreal as winter setting in and St. Lawrence Seaway closed.
- Ship emissions: 'We need to turn a corner'
Environmental agency says that government regulation is the only way to achieve pollution reductions.
- Traders blame distillate shortages on refiners' bad planning
Small amounts of distillate product trickling into South African market, but normal supply not expected to return for another fortnight.
- Lanka IOC rethinks feasibility of bunker hub plans
Company reassessing feasibility and profitability for proposed bunker hub project, other Sri Lankan projects to go forward.
- Customs coverage in Turkey during 10 day holiday
Suppliers in Turkey will be operating differently during 10 day holiday period from January 7, 2006.
- Rotterdam soft to steady Tuesday morning
- South Korea: Shortages continue, 380 cst hits new high
Bunker supply shortages in the Korean market continue while the price of 380 cst hits new high.
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