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| JULY 10, 2006 |
Shipping News
- Thoresen Thai plans to set up S'pore unit
THORESEN Thai Agencies plc, one of Thailand's leading shipping companies, is planning to set up a subsidiary in Singapore to take advantage of tax perks offered by the Republic.
- Call to avoid too much technology
WHILE implementing supply chain security programmes, it is not always all about multiple hardware.
- P&O to steam back to London stock market: report
BRITISH port operator P&O plans to return to the London stock market less than one year after it was taken over by Dubai Ports World, according to a report in The Sunday Times.
- Toll sees higher cost savings from Patrick acquisition
- Bodies of 3 African stowaways found in container
- Stolt-Nielsen misses Q2 profit forecasts
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| JULY 10, 2006 |
- RCL upgrades Middle East Gulf services
- U-Freight opens Chengdu office
- Terminal operators confident about prospects for W Shenzhen ports
- Emirates Shipping Line appoints agent for S Korea
- Australia trade demand likely to eclipse supply
- Korean Air Cargo to buy 10 freighters
- Jade Cargo unveils first freighter
- Transmile Air to offer Kuala Lumpur-LA service via Hong Kong
- NAS Cargo joins Cargo 2000
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| JULY 10, 2006 |
- INDOTRANS launches new ‘Round The World’ service
- Able Shipping Agencies completes six years of successful operations
- Leading forwarders to meet at APLN worldwide conference
- Differences stall BIMSTEC pact implementation
- 75 pc rise in Q1 container, fertiliser handling at New Mangalore Port
- Aegis Logistics has designs on liquid terminals at 5 Major Ports
- Mark Fernandes to represent WISA on MbPT Board
- TAMP conference with Cochin Port users over higher charges on Friday
- Triway’s CFS inaugurated at Chennai
- MoF puts up red signal to Rlys’ bid for PSU funding
- Rly Board preparing strong case for freight corridor
- Customs duties on imports under 380 tariff lines pruned
- DEPB rate cut jolts man-made textile goods exporters
- PM freezes disinvestment
- Sugar export ban covers advance licence scheme-official
- Steel industry seeks 3-fold rise in rail wagon supplies by 2020
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| JULY 10, 2006 |
- Roland Dachs selected as new ELA president
- Delphis acquires TeamLines
- Nas Cargo joins Cargo 2000
- Hungarian MAV Cargo up for sale
- OH Logistics acquires Barthco International, Freightek, Inc. and Turbo Logistics
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| JULY 7, 2006 |
- London Club’s "strong" year
- APL calls for security co-operation
- BV approves LNG ship gas turbine
- Union calls for action on piracy report
- Finnlines sells Team Lines
- Chuck Raymond to advise Carolinks
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| JULY 7, 2006 |
- Tidewater names Jeff Platt EVP
- BC Ferries orders newbuilding at Vancouver Shipyards
- AAPA welcomes changes in port security grant program
- Meyer Werft books more gas tankers
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| JULY 10, 2006 |
- Ports fear closure in EU air directive row
PORTS could be shut down for reasons beyond their control if the latest EU directive on air quality becomes law, an industry association has warned.
- North Korea vents fury at ferry ban
NORTH Korea has promised a "strong reaction" after Japan banned the 9,672 dwt ferry Mangyongbong 92 from entering its ports for six months in retaliation for North Korea’s missile tests last week.
- US opens door to Russia for energy investment
RUSSIAN companies are being encouraged by the US government to invest in US energy assets, including politically sensitive liquefied natural gas terminals, writes Tony Gray.
- Italian owners demand end to years of neglect
ITALIAN shipowners have called for a new relationship between the industry and government in an effort to reverse years of neglect and help to restore the tumbling competitiveness of the country’s logistics system.
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| JULY 7, 2006 |
- Spanish yard sale in turmoil
THE sale of Spain’s former Izar yards has been thrown into turmoil by last night’s decision by UGT union to break off negotiations with Sepi, the industrial holdings company
- St Petersburg: leasing concerns
STEVEDORES at St Petersburg, Russia, might be forced to suspend operations if litigation to challenge the terms of leasing agreements is successful
- SEC probes Stolt options programme
THE Securities & Exchange Commission is questioning Stolt-Nielsen on its options programme, in keeping with a broader SEC probe into improper options backdating
- CalMac launches new Northlink
NORTHLINK Ferries, the lifeline ferry service subsidised by the Scottish Executive, began operating yesterday with Caledonian MacBrayne as sole shareholder
- German H&M insurers to be merged
GERMANY'S second largest hull and machinery insurer, Wuerttembergische & Badische, has announced plans to swallow its smaller competitor Darag
- German flag in decline again
THE number of ships flying the German flag is falling despite an understanding between Berlin and the owners' association that the flag must continue to grow
- UK port ownership under scrutiny
- Singapore, UK strengthen hydrography ties
- Buyer sought for Spanish cruise line
- Titan to expand bunker business
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| JULY 7, 2006 |
- APL calls for improved box security
Liner executive calls for leading nations to work together to enhance supply chain security, outlines anti-terror measures.
- U.S. business disappointed by Doha failure
- Seaspan options four box ships
- Mineta calls on bipartisan support for transportation solutions
- Strong May for air cargo
- Maersk in UK rail pact
- Descartes acquires Flagship
- HighJump acquires Pinnacle
- DHL creates emergency response post
- Dividend for MC Shipping
- SAS adds China capacity
- Modest gain for Air France-KLM cargo
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| JULY 7, 2006 |
- Differences of opinion delay India's dedicated railfreight corridor
India's Rs660bn (US$14.35bn) project to build four dedicated railfreight corridors covering the entire country is unlikely to be implemented in the near future, following the Cabinet’s failure yesterday to agree.
- Six-month throughput updates on Shenzhen, Ningbo and Tianjin
- Seaspan to build four 2500TEU ships and charter to CSCL
- Russian Customs may release smuggled meat for sausage-making
- Double-stack container train service to Mundra starts
- Twice the Toll expects twice the profits
- Hamburg Sud completes Fesco trades takeover
- UK parliaments and executives call for ports policy input
- Dunkirk approves two logistics warehouses
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| JULY 7, 2006 |
- Morgan Stanley goes wild
Finance and trading powerhouse charters in 11 products tankers from Marinakis and Maersk for entry into Heidmar's clean pool.
- Why not end it?
Execs face investor queries on why owner hasn't settled with DoJ, and answer suggests that US has made an offer Stolt can refuse.
- Geden gets rid
Turkish owner sells 2006-built bulker to Germany's Vogemann.
- Text message holes ship
Watch officer absorbed by cellphone for 40 minutes runs containership aground.
- World Bank boost for CTI
Top cement carrier owner gets $15m loan to support expansion.
- Hanjin stays at Kaohsiung
Korean boxship line backs Taiwanese port by agreeing 10-year lease extension.
- Sovcomflot boosts audit
International banker Alexander Kurtynin appointed to head Russian shipowner’s internal auditing operation.
- DnB NOR grabs top spot
Nordea displaced as top shipping financer by Scandinavian rival in latest Dealogic bookrunner rankings.
- Caspian shipments worry Russia
Environment minister questions safety of oil transport using single-hulled tankers.
- Boxship break-up feared
Wave action and grounding having a detrimental effect on Safmarine Agulhas’ structural integrity.
- Hanjin seals EML aframaxes
Korean yard confirms $270m order from UAE bulker owner making move into tanker sector.
- CalMac takes over Scottish route
Ferry operator wins six-year subsidised deal for Orkney and Shetland service.
- Norferries slams ferry sale
Norwegian investment company says its bid for Spirit of Tasmania is being ignored.
- BC Ferries orders ro-pax
Canadian ferry operator opts for Vancouver Shipyards for Queen of Tsawwassen replacement.
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| JULY 7, 2006 |
- COSCO adds Nansha to transpacific loop
- Seaspan to charter more 2,500-TEU ships to China Shipping
- Delphis buys TeamLines for 40 million euros
- APL executive looks for improved supply chain security
- Seaboard moves office in New Orleans
- Airbus names Streiff president, CEO
- U.S. international air cargo up 12% in May
- Nightgale jumps to Con-way from Schneider
- Ozburn-Hessey makes international logistics splash with 3 acquisitions
- USDA considers imports of shelled garden peas from Kenya
- USDA clears Danish poultry imports of Newcastle disease restrictions
- Ampac Packaging reaches financing agreement
- U-Freight opens Chengdu office
- Oceanwide partners with Infosite on software
- U.K. government committee to investigate ports
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| JULY 7, 2006 |
- Svithoid oversubscribed
The Svithoid Tankers SEK 84 million ( EUR 9.2 million) rights issue was oversubscribed. Current shareholders had priority to the issue ...
- Finnlines to sell Team Lines
Finnlines sells Team Lines GmbH & Co KG and its subsidiaries in Finland, Sweden and Norway to Belgian Delphis NV for ...
- EU Commission takes Finland and Poland to court
The EU Commission has decided to take Finland, Greece, France, Italy and Poland to the Court of Justice. According to ...
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| JULY 7, 2006 |
- Legal review of ship fuel rule pending
California's state oversight agency to shortly consider low-sulphur distillate fuel regulation.
- Petrobras launches new supply
Brazilian supplier expanding in regional markets with barge and truck supply.
- ARA region's LSFO demand falling short of expectations
No shortage of supply in Rotterdam, Antwerp or Zeebrugge as anticipated LSFO demand has yet to materialise.
- Race on to remove fuel as ship's condition deteriorates
Salvors fear breakup of stranded container ship as bad weather moves in.
- Rotterdam quiet at noon today
- Hong Kong supplier builds two new barges
Two new double-hulled barges with heating coils needed to handle high-viscosity fuels due by end-2006.
- OPEC oil output hits high in June
Crude production by OPEC rose by 240,000 bpd in June, the highest in seven months.
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