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| JULY 5, 2006 |
Shipping News
- New Malacca pirate attacks raise concern
THREE pirate attacks in as many days may indicate a resurgence of activity in the former piracy hot spot of the northern Malacca Strait, potentially scuttling efforts to convince London underwriters to scrap the war and terror classification of the busy waterway.
- 15 shipping lines to add levy
AP Moeller-Maersk A/S, Neptune Orient Lines Ltd and 13 of the biggest shipping lines that sail between Asia and Europe said they will impose a peak season surcharge from Aug 1 to recover part of rising fuel costs.
- Toll expects at least A$1.5b from sale of units
TOLL Holdings Ltd, Australia's biggest freighter, expects proceeds of at least A$1.5 billion for units it is under regulatory orders to sell.
- AP Moeller may face rival for Adsteam
Strait Talk
- A fact shippers' reps should know
IT IS sometimes very difficult to understand where the shippers' representatives are coming from.
Port Shots
- Port Shots
INTERNATIONAL Container Terminal Services Inc, which operates ports in the Philippines and five other nations, said it sold 4.5 billion pesos of bonds to fund expansion and repay debt.
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| JULY 5, 2006 |
- Hamburg Sud, Fesco finalise takeover of cross-trades
- DP World chairman reveals US$3b port investment plan
- Singapore says firms will benefit from better supply chain security
- MOL makes HR moves
- Malaysia-Indonesia shipping links expanded
- Malaysian ports report box growth over first five months
- CX, KA welcome expanded services deal between HK, China
- Beijing Airport cargo zone project gets underway
- DHL offers TDD service to more customers
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| JULY 4, 2006 |
- Montreal Port Authority appoints new vice-president
- MOL marks steady progress on new container terminal
- Etihad to Kuwait
- Knight Transportation opens Tulsa service centre
- TNT Logistics opens distribution centre for Otis in USA
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| JULY 4, 2006 |
- Stolt-Nielsen denies press report
- Supply chain security "can boost profits"
- Golden Ocean confirms option on ice class bulker
- Aussie ferry sold
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| JULY 5, 2006 |
- Attacks hit bid to end Malacca war risk rating
THREE pirate attacks in the Malacca Strait, on two United Nations chartered vessels and a bulker, have dented the campaign to remove the war risk listing for the key shipping lane.
- Lightering starts on grounded Safmarine Agulhas
LIGHTERING work has started on the grounded Safmarine Agulhas as the first containers have been lifted off.
- SNCM says sorry to 3,000 passengers stranded in sizzling Marseilles
NEWLY privatised French Mediterranean ferry operator SNCM has apologised to some 3,000 passengers who found themselves stranded in the sizzling heat at the port of Marseilles on Monday following industrial action by seafarers, writes Andrew Spurrier in Paris.
- IACS alone in rejecting MAIB safety calls
The system established by the Marine Accident Investigation Branch to check whether its recommendations following investigations have been implemented has revealed that the International Association of Classification Societies is the sole body to have rejected a MAIB recommendation during 2005.
- Date set for Erika trial
THE trial of those accused of responsibility for the pollution disaster which followed the sinking of the Erikaoff the coast of France in 1999 has been set to open on December 4.
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| JULY 4, 2006 |
- Egypt-Panama rift widens
EGYPT and Panama Maritime Authority are pursuing independent inquiries into the sinking of the Al Salam Boccaccio 98, after disagreements between the two sides
- Gijon yard workers keep up pressure
SHIPYARD workers in northern Spain blocked two of the three road access points to the port of Gijon today as part of continuing protest action over yard privatisation
- Ruias tighten grip on Essar
THE Ruias, promoters of Essar Shipping, have hiked their stake from 47% to 76% in ESL by buying global depository receipts from international investors
- Venezuela joins Mercosur bloc
VENEZUELA will formally become a member of the Mercosur trade bloc today following a meeting of President Chavez and the presidents of the four existing full members
- Leif Hoegh spins off LNG business
- Aframax tanker runs aground in Suez
- Acciona Trasmed faces strike action
- Thousands stranded by SNCM strike
- Tasmanian Spirit moves on
- Eitzen to merge French interests
- RCL boosts MidEast feeder link
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| JULY 4, 2006 |
- High Court prevents Chittagong surcharge
Yesterday the Bangladesh High Court issued a stay order against the levy of congestion surcharges by five feeder operators at Chittagong the country’s premier port.
- New kid on the bloc set to boost Mercosur trade
- Awash Maharashtra ports see rain stop play
- Le Havre in talks with Chinese carriers to run new berths
- Shanghai Port eyes international investments
- ICTSI notes get investor thumbs up
- Ground-breaking Brenner tunnel work starts
- MOL to add Pipavav call to KEX
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| JULY 4, 2006 |
- Crew missing off Yemen
General cargoship sinks off island of Socotra with two believed dead and at least six missing.
- Hoegh LNG casts off
Independent gas carrier company will raise own capital and could even return to the stock market.
- Hull club keeps an A
Norwegian mutual retains strong rating and stable outlook from Standard & Poor's.
- EWATA hikes fees
Boxship group including Maersk Line ups tariff from Europe to Africa and adds on peak season surcharge.
- EMTA seeks rate rise
European group of container lines wants to combat rising costs from southern Italy.
- Kaspar to build yard
Azerbaijan state shipowner plots new construction facility in Baku.
- Strait ferry off target
Engine trouble sidelines Strait Shipping of New Zealand’s ferry Monte Stello (built 1979).
- Australia loses Spirit
Unidentified European owners snap up loss-making 23,663-gt ferry Spirit of Tasmania III (built 1995).
- GE offloads oldie
Indian owner Great Eastern clears out 1980s-built single-hulled aframax.
- Krasnoye Sormovo turns a profit
Russian shipyard makes small gain from small tankers in 2005.
- DryShips bulker refloated
Panamax bulker Conrad Oldendorff resumes voyage after a week aground off Danish coast.
- FEFC unfurls fuel fee
Higher bunker costs lead 15 boxship lines to impose surcharge from Asia to northern Europe.
- Tanjung ties up charters
Malaysian offshore vessel operator wins two year charters for pair of straight supply vessels.
- Golden Ocean makes it four
Oslo-listed bulker player takes fourth ice-class panamax option at Chinese yard for $34.5m.
- MOL upgrades Asia links
Japanese liner operator beefing up Karachi Express Service with call at India’s Pipavav added.
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| JULY 4, 2006 |
- Fuel additive blocked from sale
Company planning new test after Green Plus fails to meet particulate matter standards.
- PDVSA on holiday Wednesday
National holiday closing offices but staff still available.
- Lake Charles poised to resume bunkering
Ship channel reopening to limited ship traffic with a return to full operations predicted shortly.
- Bunker derivatives: More trades but fewer lots in June
Imarex reports drop in traded value compared to May.
- Container lines to reduce August fuel surcharges
Bunker Adjustment Factor set to drop in August after July peak.
- ARA market reported stable Tuesday morning
- Subic Bay supplier awaits second bunker barge
Bunkering volumes expected to increase in the long-run on completion of a new shipyard.
- Japan: Refineries boost supply into bonded bunker market
Despite higher production volumes, local refineries reluctant to export cargoes elsewhere.
- Grounded vessel posing pollution threat
A vessel carrying 13 mt of fuel oil remains grounded after running onto a reef at Rotuma in Fiji last month.
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