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| JULY 4, 2006 |
Shipping News
- Legal battles over EU maritime rules
IN a flurry of legal activity last week, the European Commission started proceedings against several European Union member states for alleged non-implementation of two EU maritime-related directives and then, on Friday, saw a challenge to another of its shipping directives allowed by the English High Court.
- Companies urged to improve supply chain security
COMPANIES which improve their supply chain security can reap competitive advantage as well as become safer, according to the Ministry of Transport , which is co-organising the first Asia-Pacific Economic Cooperation symposium on the security of supply chains.
- NYK sets up 2 ship management firms for LNG carrier fleet
JAPANESE transportation giant Nippon Yusen Kabushiki Kaisha is strengthening its ship management operations for its expanding fleet of liquefied natural gas carriers as it moves closer to its goal of becoming the world's No 1 LNG carrier.
- Maersk US market share falls in April: market data
- Shanghai port operator eyes interests abroad
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| JULY 4, 2006 |
- Coscon sells two ships - then charters them back
- Port of Antwerp keen to have more cargo from China
- CKYH Alliance to change AWE-5 port sequence
- Work on MOL's TraPac Jacksonville terminal to start in September
- Malaysia's Westports container volume increases 26 per cent
- Vancouver Port Authority boosts truck operating hours
- Air China, China Cargo merger scheduled for year's end
- China Cargo looks to buy freighter
- SAS Cargo sets up spirited air cargo handler in Scandinavia
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| JULY 3, 2006 |
- Airbus president and CEO resigns
- Grimaldi Group Naples increases its share in Finnlines to 30.5%
- Etihad flying to Khartoum
- CCNR adopts vessel tracking and tracing standard
- U-Freight expands in UK
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| JULY 3, 2006 |
- Shipping industry wins right to challenge EU directive
- Ship Finance buys Golden Ocean Tanker
- ICTSI issues US$85m notes
- LR – Fairplay to supply EMSA data
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| JULY 3, 2006 |
- Alaska ferry in port after generator fire
- Wartsila acquires injector specialist
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| JULY 3, 2006 |
- Senate committee Oks $15 million for Columbia Channel
- Port of Vancouver, BC keeping terminals open longer
- Oregon governor marks delivery of new aircraft tugs in Korea
- Demolition experts bring down Kaiser smokestack in Tacoma
- Hanjin forms joint venture with Sri Lanka shipping agency
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- AP Moller in $515m Adsteam takeover
COPENHAGEN conglomerate AP Moller’s move on Adsteam triggered a flurry of investor interest in towage and salvage stock amid talk of further consolidation, writes Jerry Frank.
- Denholm plans FFA users group in Asia
PACIFIC Carriers commercial director Keith Denholm is on a drive to set up an Asian users group for forward freight agreements.
- Steamship warns against harmful claims burden
CALLS for individual protection and indemnity clubs to shoulder more of the shipowner claims burden have been criticised as counter-productive by one of the senior clubs.
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| JULY 3, 2006 |
- AP Moller unit bids for Adsteam
AP MOLLER-MAERSK owned SvitzerWijsmuller today launched an A$693M ($409M) bid for Australia-based towage operator Adsteam Marine
- Colombo hit by rains, transhipment
MONSOON weather and increased transhipment container cargo has caused severe delays in Colombo port, with feeder operators being particularly affected
- Volgotanker forced to cut staff
VOLGOTANKER, which has been besieged by tax authorities in Russia’s Samara region for the past two years, has started to lay off staff
- Alaska ferry safe after fire
FIRE broke out on Saturday on the Alaska Marine Highway vessel Columbia; it was extinguished by the crew and there were no injuries to passengers or crew
- ISS aims to double in size by 2010
EXPANSION is high on the agenda at Inchcape Shipping Services over the next few years, group chief exective Claus Hyldager said on Friday
- Damietta bribe scandal dismissed
REPORTS of a bribe scandal in an Egyptian port were "inaccurate" and "blew the case out of proportion", Egyptian maritime sources have told Fairplay
- KoGas, Oman forge LNG tie-up
- Collision damage minimal
- Wärtsilä injects German technic
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- CKYH adds U.S. all-water calls
Alliance adds calls at Charleston (left) and Norfolk and drops Miami from new all-water service linking Asia and U.S. East Coast.
- No progress at WTO talks
- U.S. sets enforcement for wood packing materials
- Washington port moves on ethanol plant
- Hapag-Lloyd opens S. Africa route
- Ship operator to pay $1M fine in pollution case
- GM buying all of Vector SCM
- Hardman takes top position at Port of Baton Rouge
- Chennai strike ends
- Alaska Airlines adds freighter
- CCLI signs Vietnam apparel deal
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| JULY 3, 2006 |
- Booming volumes force Vancouver to extend gate operations
Effective Tuesday, July 4, the Vancouver Port Authority and terminal operators are significantly extending the hours of operation at the terminals and off-dock facilities serving the West Coast port.
- New loan will help boost CSAV fleet
Compania Sud Americana de Vapores has obtained a US$300m credit facility for the expansion of its fleet.
- Strike emphasises need for second Chennai terminal
- Lawyers mull Libra action at Santos
- More to AP Moller's Adsteam takeover than towage
- China estimates 22.6% first half volume growth
- Asian feeder shuffle upgrades COSCON's services
- Lazio link develops Hupac's its Italian services
- COSCON launches new Asia-Mediterranean service
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| JULY 3, 2006 |
- B+H buys oldster
B+H Ocean Carriers plans to buy more tankers and OBOs after today’s purchase of an 18-year-old conversion candidate.
- Hull cover rises after costly claims
Shipping Corp of India will pay a third more for hull cover after what Oriental Insurance Co calls a bad claims experience.
- Japan to lend flag rights
Japan is considering letting Japanese-owned, open-register ships fly the nation’s flag as protection against pirates.
- Ruia family tighten grip
Outside shareholders stake in Essar Shipping falls to 24% as private investment vehicle spends $823m buying back bonds.
- Stolt in Oslo spotlight
Stolt-Nielsen denies that it misled investors when it sold over $100m worth of shares without disclosing a crucial document.
- Fredriksen tanker damaged
But no pollution reported after laden aframax grounds in Suez Canal.
- Solstad buys out Ulstein Shipping
Norwegian owner takes 100% control of two anchor-handlers and a construction service ship.
- Yenisei in the black
Russian shipowner’s cargo and passenger operations produced profit for 2005.
- Ship aground off PNG
Cosco bulker carrying sugar hits reef 525 kilometres from Port Moresby.
- SFI splashes the cash
Ship Finance International in sale and charter-back deals with SeaDrill and Golden Ocean.
- Direct Shipping to buy vessels
Venkatesh Govinda’s logistics group plans Dubai mini-IPO to buy feeder container ships.
- One ship for Canada
Port state inspectors detain Liquimar tanker in May over lifesaving equipment defect.
- Wartsila makes German buy
Finninsh engine maker scoops Hamburg-based fuel-injection systems company to serve northern Germany.
- Maersk bids for Adsteam
Danish giant’s SvitzerWijsmuller arm launches takeover bid for Australian salvage and towing firm.
- Industry wins review
EU directive on ship source pollution is to be referred to the European Court of Justice.
- Alaskan ferry blaze
Fire in engine room forces Alaska-bound ferry into unscheduled dock at Canadian port for inspection.
- Hapag targets Africa
German owner to expand its African network with launch of new South Africa Express service.
- Ro-ro damage to be assessed
Marine surveyors reach Fijian reef where passengership ran aground last month.
- Safmarine ship to be discharged
Salvor to begin removing cargo and fuel in effort to refloat boxship stranded off South Africa.
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| JULY 3, 2006 |
- A.P. Moller salvage company offers A$693 million for Adsteam
- Al-Ajlan new president of NSCSA
- CTSA adjusts fuel surcharge for August
- NYK to open two LNG ship-management companies
- COSCO takes Asia/Med slots on Zim's AMP loop
- CMA CGM to christen 9,400-TEU container ship
- SCS sells Jevic to investors
- Deutsche Bahn board urges flotation, record results expected in 2006
- U.S. disappointed by WTO deadlock over agricultural trade
- China reopens border to limited U.S. beef imports
- U.S. finalizes wood packaging treatment enforcement on July 5
- Bush administration wraps up GSP review
- FTA names Jenkins, Haines as VPs
- Kuehne + Nagel names Brinkmann managing director for Germany
- Macquarie pulls out of race for ABP
- Some delays for bulk vessels in L.A.-Long Beach, but no ship congestion
- Vancouver port adds Tuesday evening truck gate shift
- Notes issued to finance Manila Container Terminal
- Largest-ever boxship calls Port Everglades
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| JULY 3, 2006 |
- US markets take long weekend
Minimal bunker enquires ahead of July 4 holiday and NYMEX closed today and tomorrow.
- LA to offer incentives to ships for cold ironing
Port plans 'aggressive rollout' of infrastructure and over 600 cold ironing vessel calls by 2010.
- Bunkers & containers coming off stranded vessel
Bunker fuel and cargo removal underway from vessel stranded dangerously close to East London harbour wall.
- New employee at O.W. Bunker
- Rotterdam market firm but slow this morning
- New Zealand: Highest fine meted out for oil spill
Court meted out the country's highest oil spill fine of NZ$70,000 for offences in Lyttelton Harbour in 2004.
- Singapore suppliers welcome NYMEX bunker futures
The exchange, expected to be launched in September, will be the first to offer physically deliverable products in Singapore.
- Japan: May marine fuel sales up 15.4% on month
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