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| JUNE 9, 2006 |
Shipping News
- Towards a more integrated policing of EU waters
A more integrated policing of European Union waters and greater international cooperation are needed to combat rising safety and security threats, said a new EU Green Paper which also highlighted anti-piracy efforts in the Malacca Straits by the littoral states.
- European shipbuilders eye cruise, ferry sectors
THE future of Europe's shipbuilding industry lies in the cruise and ferry sector, as the Far East has established a stronghold in the standard vessel market, European shipbuilders said on Wednesday.
- Santos port posts best performance of 2006
BRAZIL's main port of Santos moved 6.56 million tonnes of cargo in April, its best performance of 2006 and up 13.4 per cent from the same month of 2005, the Port Authority Codesp said on Tuesday.
Admiralty Casebook
- Taking legal action over non-payment
THE charterers of a vessel, who admitted liability for demurrage to the vessel's owner but kept failing to pay up even after an arbitration award in favour of the owners, have lost a bid to have the award overturned on grounds that there was no dispute between them and the owners.
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| JUNE 9, 2006 |
- Coscon offers Qinzhou-HK liner service
- Matson's China-US service a success
- HPH `not aware' of Indonesian govt's port buy-back plan
- Maersk opens branch office in Nantong
- Maersk's California air pollution efforts good, but more is needed: ILWU
- Yantian FT zone running out of space
- Bowman named new Port of Tacoma Federal Government Affairs manager
- Astana stopover implemented to save Lufthansa time
- Johor government considers Senai airport proposal
- Spanish firm makes bid for BAA
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| JUNE 9, 2006 |
- Global LNG fleet crosses 200 mark
- Shipping cos team inspects Cochin LNG terminal site
- STC allowed to export 1.5 lakh tonnes of sugar
- US wheat exporters eye Indian market
- India petitions WTO against US moves on shrimp exports
- L&T may drop HPH as ally in box terminal bids
- Kaifu envisages new horizons opening up for freight forwarders at FIATA’s Shanghai meet
- Private box freight operators on rail clamouring for regulator
- SMEs see no ground for glee on ground rule for IT SEZs
- Malaysia, India CEOs Forum to be formed today
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| JUNE 9, 2006 |
- New Geodis executive vice-presidents
- ESC and ELAA up in arms
- BAWC adds Beijing flight
- JSC Russian Railways thwarts private rail operators
- Christian Salvesen reports good financial year 2005/2006
- USA: Congress unlikely to lift truck weight limits
- Micromol workshop on IFS transport and logistics standards
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| JUNE 8, 2006 |
- EC sets out federalist stall for shipping
- Euro lines and shippers in spat
- Italia Marittima and Zim’s new transatlantic service
- PRS unveils small ship safety models
- Seafarers’ Soccer Aid
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| JUNE 8, 2006 |
- Bollinger delivers 28,000 bbl barge to K-Sea
- $11.3 million package means more jobs at Jeffboat
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| JUNE 8, 2006 |
- Port of Tacoma taps Bowman as federal government affairs boss
- International Trade Commission inks US/Peru trade assessment
- New member will participate in today's PDX noise committee meeting
- President takes part in ceremony to swear in new Customs commissioner
- Oglebay Norton selling six self-unloading freighters
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| JUNE 9, 2006 |
- UN praises Noordam crew over Aegean refugee rescue
THE master and crew of the Holland America Line cruiseship Noordam (right) have won high praise from the United Nations refugee agency after rescuing 22 people in the Aegean Sea.
- Norwegian Crown refloated after Bermuda grounding
THE Norwegian Crownhas been refloated after spending 10 hours stuck on a sandbar in Bermuda, writes Rajesh Joshi in New York.
- Goldenport buys Hyundai Fortune wreck
LONDON-listed Goldenport Holdings is spending more than $40m acquiring two containerships, including the charred remains of the Hyundai Fortune.
- Ports fear worst in EU power struggle
THE internal European Commission battle for control over European Union maritime industries spilled over into the real world yesterday.
- Five killed as cranes fall on tug in Constantza
FIVE people died and three were seriously injured after two floating cranes collided and hit a tug at the Romanian port of Constantza yesterday.
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| JUNE 8, 2006 |
- Grounded Crown pulled free
NORWEGIAN Cruise Line’s Norwegian Crown, which ran aground on a sandbar yesterday morning while en route between St Georges and Hamilton, Bermuda, was pulled off during the evening high tide
- Busan building cruise terminal
BUSAN port in South Korea will begin construction this month on a dedicated cruise terminal complex
- Sabah set to open new box port
A new container port in Malaysia’s eastern state of Sabah is set to begin operations early next year
- MSC demands union thinks again
MEDITERRANEAN Shipping Co has reacted furiously to industrial action by union activists in Noumea, New Caledonia
- P&O Ferries considers Bilbao options
P&O Ferries is considering its legal options after an appeal against a ruling that said the company received illegal state aid, was turned down by the European Court of Justice
- US cuts LNG forecast
THE US Energy Information Administration continues to lower its expectations for LNG imports, with its new forecast dropping projections for this year by over 100Bn cubic feet
- Russia launches Urals crude trading
- Magsaysay Ho appointed at Lorenzo
- Iraq safer for merchant shipping
- Dutch lawyers target Chinese business
- Posidonia: Barbados plans tax change
- Jakarta 'under-performance' denied
- Norovirus strikes Australia cruise
- Oglebay sells to American Steamship
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| JUNE 8, 2006 |
- Terminals, unions: TWIC needs tweak
Industry representatives say the program could cause delays at ports and would hold Americans to a higher standard than foreign-born workers.
- Italia Marittima, Zim plan new trans-Atlantic service
- Mexican port plans box terminal
- Round 1 wraps up in PMA-Miniace case
- Intermarine returns to New Orleans headquarters
- Foreign investment soared in China last year
- Kingston to double box capacity by end of '07
- EU warns China on trade
- Union asks China labor sanctions
- Baltimore port renamed to honor Bentley
- Cathay finishing details on Dragonair deal: AP
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| JUNE 8, 2006 |
- Indonesian forwarders seek government support
The Indonesian National Forwarders Association is demanding government support to tackle problems caused by foreign domination of the local market.
- Kaliningrad Commercial Seaport works on cargo-fall as carriers work on services
Kaliningrad Commercial Seaport is working on its year-on-year deficit, more than doubling monthly volumes despite remaining below last year’s levels, as carriers consider how to serve the isolated Russian enclave.
- Australian cabotage on hold as PAN's problem child still detained
- Wan Hai to adjust China-Middle East service
- Extra transatlantic link planned
- JV finally signed for Ningbo's Beilun Phase IV
- China completes construction of Guangxi port phase II
- DPW Vietnamese container terminal construction underway
- Korean ports to spend US$70m on new equipment
- 'Northern Navigation' season opens to Russia's Chukotka
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| JUNE 8, 2006 |
- OSG holds steady
New York owner will make second payment of its 'enhanced' dividend in August.
- Bangladeshi ferry sinks
Overloaded vessel goes down in stormy Bay of Bengal, killing 17 people.
- Vafias talks shop
Stealthgas chief Harry Vafias charts the growth of his companies' fleets and holds out for buyer's market.
- Unions warn Tallink on Silja
Finnish and Swedish seamen say they won’t allow crew cutbacks on Baltic ships.
- In bed by midnight
Harry Vafias explains how heading a public company has put the brakes on his rap career and curbed the late night parties.
- Bassoe loses FFA team
Norwegian tanker broker aims to rebuild a future in freight derivatives after entire department quits.
- Hahn wants "black hole" filled
BC Ferries boss says workers are not revealing what happened in crucial 14 minutes before fatal ferry sinking.
- Iain Shaw switches sides
Braemar Seascope director retires from competitive broking to sign with tanker owner.
- Royal Caribbean raises $900m
Cruise line prices senior notes that will pay for redemption of earlier issue and buyback of shares.
- Vomiting bug strikes ferry crew
Norovirus outbreak suspected as UK owner CalMac forced to take Isle of Lewis out of service.
- Shanghai plans port listing
Chinese port group companies to merge in dual listing worth over $1bn.
- Norwegian Crown refloated
NCL cruiseship floats free of Bermuda sandbar on high tide after ten hours aground.
- STX Pan Ocean battles costs
Korean bulker owner warns rising expenses will mute 2006 earnings as it seeks cheaper fuel.
- Hornbeck seals conversion job
US offshore owner will turn two coastal tankers into the biggest supply ships in the world.
- Temporary lay-offs at Chantiers
More than 400 employees will have a longer summer holiday following supply delays on MSC cruiseship contract.
- Goldenport gets Fortune
Greek owner buys fire damaged Hyundai boxship with plans to return it to service.
- Aries pulls Bora
Mons Bolin’s US-listed operation says it has withdrawn MR product tanker form PDVSA charter.
- Ofer doubles up
Israeli owner looks to have increased orders at Hyundai for post panamax boxships to eight.
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| JUNE 8, 2006 |
- ESC-ELAA showdown in Brussels
- Zim aims for big league with 10,000-TEU ships
- Zim, Italia Marittima to start transatlantic loop
- Grand Alliance carriers to move to SCT
- United's cargo volumes up 1.9% in May
- BA World Cargo adds to China capacity
- Kansas City Southern to serve U.S. Southeast via Mexican West Coast
- YRC upgrades 2nd-quarter profit expectations
- House votes $32 billion for DHS
- U.S., India agriculture heads meet
- USDA plans trade mission to East Africa
- IES moves to bigger office in Atlanta
- Joint venture established to manage Ningbo terminal
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| JUNE 8, 2006 |
- Peter Gram/Arne Blystad buy car carriers
Gram Car Carriers (GCC), controlled by Norwegian shipping investor Peter D. Gram, invests in four 2,000 car units, 20,300 grt ...
- Prosafe gets extension for "Safe Caledonia"
Norwegan operator Prosafe has secured a one-year extension of a one-year contract for "Safe Caledonia" with Total and ...
- Aker Yards to lay off French yard workers
More than 400 workers could be laid off at the Aker Yard outfit Saint Nazaire in France in June/July ...
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| JUNE 8, 2006 |
- US Navy to test synthetic marine fuel
DESC calling for 300,000 mt of alternative distillate fuel, prompted by marine emissions standards.
- New barges, fuel sources signal renewed Colombian competition
Two suppliers stepping up their market presence with a new barge and new low-sulphur fuel supplies.
- Strike action over at Point-a-Pierre
Bunkering returned to normal as Petrotrin workers return but union leaders warn they could walk out again.
- Antwerp operations normal after refinery incident
Total reports no further problems after refinery fire, while ARA barge market drops with crude.
- DNV project indicates 10% cut in fuel cost, reduced emissions
Norwegian shipowner says fleet fuel savings equate to a new vessel every 5-6 years.
- Fuel costs will hit earnings even if freight rates recover
Korean shipping firm issues profit warning as fuel costs continue to bite hard.
- Durban distillate squeeze worries bunker traders
South Africa's biggest refinery to undergo major overhaul closures for two months, causing concern about marine fuels supply.
- Rotterdam prices tracking falling crude
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