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| SEPTEMBER 4, 2006 |
Shipping News
- Dubai's US port assets draw up to 8 bidders
BETWEEN five and eight American companies are vying for the US port assets of Dubai Ports World in a second round of the sales process, the official overseeing the sale said in a letter to US lawmakers.
- Pan United bags $39m contracts
SINGAPORE shipbuilder Pan United Marine is continuing its winning streak with two more building contracts which have lifted its newbuilding order book to a record $470 million.
- Trade halts as Bangladesh shipping firms go on strike
BANGLADESH's trade shipments ground to a virtual halt on Saturday as shipping companies refused to use the nation's main port in a protest over container fees.
- 'Mother of freedom' faces shutdown
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| SEPTEMBER 4, 2006 |
- SCI may buy 10 offshore support vessels
- KoPT takes a fancy to cruise
- Dhamra Port to be deepest on East Coast
- MbPT offers concessions in charges for box stuffing, destuffing, storage & midstream stevedoring
- CoPT offers 50 pc discount on vessel-related charges for big containerships
- Adanis & Petronet form joint venture to develop bulk cargo port at Dahej
- Centre plans to invest $ 103 m to redevelop Sittwe port on N-W Myanmar coast
- KDS posts new monthly handling record of 21,309 TEUs
- Rail Link despatches first block train with 90 TEUs from ICD-TKD to MICT
- Tarapore panel moots full rupee float in 5 years
- Customs duty on LNG for power projects waived
- Foreign trade policy analysis: current trends - BY M. Sreedharan
- Fieo to hold 3-day meet on services trade in Delhi
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| SEPTEMBER 1, 2006 |
- Dragonair announces departure of CEO
- Maersk registers drop in profit
- KLM to enhance Caribbean services
- Gebrüder Weiss and ICA launch new rail link to the North Sea
- DHL wins new contract with Sainsbury's TU fashion brand
- Port Management and Logistics Conference in Slovenia
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| SEPTEMBER 1, 2006 |
- Key US court ruling on oil record book offences
- Teekay to launch Petrojarl takeover bid
- OFT refers Adsteam takeover
- Kursiu Linija rejigs services
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| SEPTEMBER 2, 2006 |
- Transocean to build third drillship at DSME
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| SEPTEMBER 1, 2006 |
- Washington Senator Patty Murray gets look at wind parts in Longview
- US rail freight traffic returns to positive ways
- Port of Seattle slates Fishermen's Fall Festival
- Port of Tacoma taps Carney as senior technology engineer
- Portland Coast Guard Auxiliary conducting boating skills classes
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| SEPTEMBER 4, 2006 |
- Competition probe halts Adsteam deal
THE takeover by SvitzerWijsmuller of Australian towage company Adsteam Marine is on hold after being referred to Britain’s Competition Commission, rounding off a grim week for parent company A P Moller-Maersk.
- Poland fails in yard aid deadline
A NEW effort by Poland to have Brussels approve aid given to three shipyards was brushed aside on Friday, writes Justin Stares in Brussels.
- Clubs voice concern on container twistlocks
LEADERS of the protection and indemnity mutual system have expressed concern over the performance of twistlocks used to secure containers despite the device being cleared by a top classification society of blame for a spate of ship-ping mishaps in the past few months.
- Gloomy report forecasts three years of China Shipping losses
CHINA Shipping Container Lines is set for three years of losses as increased capacity and lower average box revenue between now and 2008 take their toll on the company.
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| SEPTEMBER 1, 2006 |
- DP World flotation 'may be delayed'
LONDON 01 September – Unconfirmed reports were circulating in the London market today that DP World’s plan to float up to 20% of its P&O acquisition on the London Stock Exchange has been delayed by possibly as much as a year
- Kursiu Linija combines UK calls
LITHUANIAN short-sea operator Kursiu Linija, now a subsidiary of Eimskip parent Avion group, is to focus its UK activity on the Humber port of Immingham
- Pirates changing focus, warns IMB
PIRATES realise it takes a lot of organisation to steal a ship and are now kidnapping crew for ransom, IMB director Pottengal Mukundan told an IMIF lunch in London today
- Inaccurate oil record brings sentence
THE Romanian chief engineer on the bulk carrier Irene EM has been give one year's unsupervised probation on oil dumping charges
- Ernesto moves inland; John closes on Baja
PORTS in North Carolina are closed today and inbound vessels are barred from Virginia ports as Tropical Storm Ernesto made landfall overnight
- Plate tolls rise as dredging completed
ARGENTINE authorities have approved a 36% raise in tolls for transit of the rivers Plate and Parana
- Tallink transfers flag to neighbour
- Chile's copper mine strike ends
- Adsteam shares drop on bid referral
- Pullmantur growth ahead, says RCCL
- RCCL jumps on improved outlook
- Dubai to launch fuel futures contract
- Japan awaits super typhoon
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| SEPTEMBER 1, 2006 |
- N. Carolina ports weather tropical storm
The Ports of Wilmington and Morehead City report minimal damage from wind and heavy rain as weakened Ernesto moved inland.
- NCBFAA: Renew GSP now
- Halifax adds EWL service
- Truck e-manifests top 10K
- Hurricane lashes Mexico coast
- Export ABCs: Chambers of Commerce
- New berths for Yantian
- SCM software a $5.6B market
- India to re-start stalled container hub project
- IATA cuts airline loss estimate
- TNT expands with India buy
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| SEPTEMBER 1, 2006 |
- Union threatens strike over Deutsche Bahn restructuring
Tension is rising in Germany as the principle elements of the state-owned Deutsche Bahn shares IPO are being negotiated.
- AP Moller's Adsteam takeover hits OFT hurdle
AP Moller's towage subsidiary SvitzerWijsmuller is 'considering its options' after its takeover for Australian Adsteam Marine was referred by the UK Office of Fair Trading to the UK Competition Commission.
- Kerala delegation urges New Delhi re-think on Chinese firms
- DPW and ITF forging relationship not fighting Mundra battle
- COSCO to invest US$630m in Quanzhou by 2015
- Busan woos carriers with efficiency and incentive promises
- Contractors sought for Botany expansion
- ‘Spanish customs’ blamed for delay in electronic docker selection
- MOL opens new branch in Indonesia
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| SEPTEMBER 1, 2006 |
- Seaspan wants $300m
Vancouver based boxship owner files shelf registration for further shares issues to help grown fleet of 17 to 37.
- Fool for thought
DryShips falls 5% after investment website Motley Fool aims scathing attack at George Economou.
- Unions in Blue Star row
Brits and Germans in stand-off over negotiating rights for Maersk containerships operated out of Hamburg.
- Siem profits from resale
Norwegian investor pockets useful gain from offloading supply ship due from Aker Yards in October.
- Wilson sells Nesskip bulkers
Norwegian owner quickly makes its mark on new acquisition, divesting two elderly vessels.
- Half as much again
Novoship gunning to grow fleet to 5.5 million deadweight tons by 2010.
- Shih Wei way off again
Second quarter net profit drop even steeper than previous period at Taiwanese bulker owner but operating profit improves.
- Nesheim sells out of Wilson
Newest takeover pretender opts out of Bergen bulker owner at rival bidder’s mandatory offer price.
- NYK hits bond target
Japanese owner will have $470m to play with after investors snap up convertibles.
- Box lines seek to cover costs
Delays and fuel prices force IPBCC and EMERA groups to raise rates.
- Zim puts money in boxes
Israeli container line invests in Qingdao factory with Chinese industrial groups.
- Teekay to bid for Petrojarl
Tanker giant takes shareholding in FPSO player beyond 40% to trigger mandatory takeover offer.
- Chinese eye Thessaloniki
Beauty contest to manage port's container logistics centre draws a parade of big names.
- EWL signs with Halterm
Three-year cargo-handling deal for Europe to Caribbean shipping line at Halifax, Canada.
- NYK ties up with Beitai
Japanese owner signs 25-year charter contract to import iron ore for China’s fifth largest steelmaker.
- Kursiu steps it up
Lithuanian short-sea operator adds Rotterdam stop and shifts UK calls to Immingham.
- Nordcapital makes it eight
German fund adds two more supply ships to series being built at Aker Yards in Norway.
- Adsteam bid referred
Decision by UK Office of Fair Trading may stop SvitzerWijsmuller’s offer for Aussie tug group.
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| SEPTEMBER 1, 2006 |
- COSCO, Evergreen drop U.S. East Coast calls from China loop
- NYK signs 25-year charter contract with Beitai Iron & Steel
- Kursiu Linija to consolidate U.K. calls to Immingham
- TNT buys Indian express company Speedage
- UPS pilots O.K. pay package
- Aeroterm buys seven airport properties in Dallas, Houston
- Reason Foundation study says 2030 road traffic forecasts look bleak
- 45-foot containers may have future in Europe
- California bill could box out big-box retailers
- U.S. Bank hires Schneider freight payment veteran
- U.S. pledges more aid to war-battered Lebanon
- USDA publishes veterinary user fee list for fiscal 2007
- NCBFAA calls for U.S. to maintain GSP program
- Beja named operations president at Beja
- U.K. Office of Fair Trading questions Adsteam takeover
- New berths open at Yantian International Container Terminals
- Marseilles reaches record TEU and tonnage highs in July
- Kalmar buys South African partner African National Engineering
- Firm will build factory in Port of Tanjung Pelepas
- Fraser River Port's box volume slumps 72%
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| SEPTEMBER 1, 2006 |
- DFDS with falling revenue
DFDS Group had a satisfactory first half year 2006, despite a revenue decrease by 19 per cent to DKK 3.4 ...
- 100 drilling rigs worth NOK 200 bn on order
Around 100 drilling rigs, including options worth approximately NOK 200 billion, are now on order worldwide, according to a survey ...
- DFDS Seaways skips Helsingborg
As from October 15, DFDS Seaways will stop calling at Helsingborg on the run between København and Oslo. The decision ...
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| SEPTEMBER 1, 2006 |
- Oil down again but bunkers wait
Bunker prices reacting only slowly to crude dropping, although bargain prices seen in LA.
- Suppliers baffled by road bunkering prohibition
Restrictions on bunkering imposed with effect from today in Germany's third-largest port.
- Vopak gains from terminal expansions
H1 result for oil storage provider boosted by higher terminal throughput and expansions.
- Rotterdam market stable, prompt a bit tight
- Japan: Refinery maintenance season starts
Bonded bunker supplies remain strong, demand weak as price differential with Singapore widens.
- Sunken vessel in upright position
Solar I has been found in an upright position with no sign of leakage as of now.
- Online satellite map to combat piracy
IMB launches an online piracy satellite map for viewers to see the location of attacks.
- Japan: July marine fuel sales up year-on-year
July marine fuel oil sales also rose 12.2% on a monthly basis.
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