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| JULY 12, 2006 |
Shipping News
- S'pore waters constantly under hydrographic survey
WHILE hydrographic surveys for general navigational safety are the lifeblood of the Maritime & Port Authority's hydrographic department, a busy shipyard and port business, along with land reclamation, means up to 60 per cent of its work is commercial in nature.
- Deal to refloat chemical barge and toxic cargo
AFTER weeks of wrangling, the key players in the Billy Star chemical spill accident have come up with a workable plan to refloat the chemical barge and its cargo of 1,270 tonnes of highly toxic sulphuric acid.
- Ningbo Port's H1 volumes up 38% on new routes
NINGBO, the world's fourth-biggest port by tonnage, handled 38 per cent more containers in the first half from a year earlier as it expands routes to tap China's rising trade volume.
- DP World steps up cooperation with US on box screening
Strait Talk
- Sloppy watchkeepers? Blame the company
LAST Wednesday, as I was bringing a small training vessel back into harbour and lining up to enter the lock some 100 metres ahead, the three welcoming green lights unexpectedly turned to a much more ominous red.
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| JULY 12, 2006 |
- Shenyang Export Processing Zone opens for business
- DFDS Transport expands in Asia & renames itself DSV
- Dredging complete in Brisbane
- Container leasing market shows signs of recovery in Q2
- K+N UK drinks unit up and running
- Marseilles edges ahead on mixed results
- Record-breaking growth in cargo volume at Hong Kong airport
- Economic growth fuels China air boom
- Qantas to fly to Mexico
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| JULY 12, 2006 |
- ABG shipyard delivers anchor handling tug to Egyptian company
- Mercator to sell Handymax vessel
- Canada gets half of wheat import order
- Trading points with China in Uttaranchal, Himachal Pradesh to be upgraded
- JNPT accelerating box handling pace
- Policy draft makes eco-clearance for all port projects mandatory
- Sagar, Kulpi ports to be ready in 2 years, says Bengal Chief Minister
- RIL inspects Gulf of Kutch coastline to develop multi-cargo port
- Corporates see ‘El Dorado’ in Hazira; scramble for slice of pie
- Portrucks Equipments delivers 20 Terberg terminal tractors & trailers to JNP
- L&T ready to change consortium partner in bidding for box terminals
- Sical Logistics alliance to develop ore terminal at Ennore Port
- Indian launches automation of cargo operations
- MoF revises norms for audit of Central excise, service tax assessments
- Mundra SEZ set to become investors’ paradise
- Draft paper on goods & services tax may be ready in a month
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| JULY 12, 2006 |
- New CEO at "K" Line (Europe)
- APL outlines five-step plan for improved supply chain security
- Qatar Airways targeting the USA
- Giga-liner pilot project in Germany
- Austria starts construction of Brenner tunnel
- Skandia Transport acquired by John Nurminen
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| JULY 11, 2006 |
- USCG evacuates a cutter
- GAO: Port security information sharing improves
- Guam Shipyard fined for EPA violations
- Ungar bids for Polish yard
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- Zim charters out newbuilds in bumper market
ISRAELI container line Zim is profiting from bumper market conditions by chartering out to APL a quartet of post-panamax ships that are not yet built.
- Piracy experts fear Malacca Strait attacks will set new kidnap agenda
Heavily armed pirates who attacked two UN chartered landing craft in the Malacca Strait last week could have been intending to kidnap the crews for ransom, according to officials within the International Maritime Bureau’s piracy reporting centre.
- Eurotunnel chief threatens bankruptcy
EUROTUNNEL’S chairman Jacques Gounon has warned that he will file for bankruptcy if last-ditch talks with dissident junior debt holders fail to produce an agreement by today.
- Private equity steps into LNG with $125m Canadian terminal deal
A PRIVATE equity firm is purchasing Anadarko Petroleum’s Canadian liquefied natural gas terminal project in a novel departure for the industry, writes Tony Gray.
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| JULY 11, 2006 |
- Oetker seeks takeover targets
GERMAN industrial conglomerate Dr Oetker, the parent group of Hamburg Süd, is eyeing further takeovers to fuel its growth
- Gulf refinery outages ease
THE intense US Gulf refinery maintenance schedule that negatively affected some tanker trades in the first quarter is now alleviating, according to Maritrans
- Russian oil pipeline tariff to rise
THE cost of transporting crude oil through the Russian state monopoly pipeline system is soon to increase to cover Transneft's development plans
- Guam Shipyard hit by green fine
GUAM Shipyard will have to spend $25,000 on an environmental management system and pay a fine to settle charges by the US Environmental Protection Agency
- Mineta replacement advice
FREIGHT interests in the US are asking President Bush to consider their needs when appointing a new secretary of transportation
- Rogue wave forecasting planned
A growing understanding of 'rogue wave' formation and the greater proliferation of radar satellites should allow for a global warning system in the future
- Court denies grain dumping appeal
- Philippines tackles human trafficking
- V.Ships, Hansen float agency venture
- Marshall Islands gets first MOL ship
- ESPMC/WITASS conferences merge
- British Columbia port merger talks
- Probo Elk repairs continue at LA
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| JULY 11, 2006 |
- DP World says port IPO not imminent
The Dubai terminal operator denied reports that it has decided to make an initial public offering of shares in its global port holdings.
- Report: U.S., Russia ready to sign trade deal
- Mineta joins public relations firm
- New Seaboard CEO
- Six bid for Rotterdam mega-hub
- China services offer huge opportunity: Study
- "K" Line appoints Europe chief
- Hatsu expands fleet
- Boxes cleared from stuck Safmarine ship
- Rail shipments gain
- Savi in Ga. port tech pact
- Cargo improves for World Airways
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| JULY 11, 2006 |
- Vindicated FEFC lines say demand growth higher than capacity
Far Eastern Freight Conference lines say they are succeeding in getting almost all of July’s rate increase as demand soars well above even the carriers’ expectations.
- Feeder lines say Chittagong judgement does not apply to them
Feeder operators at Chittagong Port are continuing to collect the congestion surcharge in apparent defiance of a High Court order that temporarily prevents the charges’ imposition.
- Suape customs officers back to work, others to decide this week
- Intermediate boxship orders rising behind super post-panamax wave
- Hanjin raises US empty box demurrage charges
- US private sector calls on the Feds to keep mobilised
- Guangzhou Port launches 'Shuttle Bus Service'
- Two Indonesian terminals need CCTV, says USCG
- Melissa Lines move into position with extra Libya call
- SIPG considers additional share offering after initial listing
- Safmarine Agulhas decks being cleared for action
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| JULY 11, 2006 |
- American keeps B status
Weak financial standing of New York based P&I mutual is confirmed as club casts off creditwatch status.
- Stickle heads for jail
Florida appeal court rejects US tanker owner’s claim that he was innocent of causing deliberate oil pollution.
- Gulf Navigation confirms charter
NATS suezmax relet Gulf Scandic goes to Shell for three-year term.
- Fredriksen buys BW Gas stake
Tanker king adds to gas shipping portfolio with $13m holding in Oslo-listed World Wide operation.
- Two dead at Louisiana yard
Separate incidents claim two lives at Northrop Grumman Shipyard, Avondale.
- Roll up for Ukraine ports sale
Privatisation plan gaining momentum as government seeks investment to boost terminal capacity.
- Zim seals $54m charter deal
Israel Corp-owned container carrier fixes four 6,350-teu newbuildings with five-year charters.
- Ungar in for Gdansk?
Israeli shipowner linked to bid for Polish yard in addition to trying to buy parent shipbuilder Gdynia.
- Fidelity puts faith in Horizon
US investment fund builds stake in US liner operator to 11%.
- Guam yard fined
Illegal hazardous waste storage lands Pacific facility in hot water with US environmental agency.
- $100,000 burn rate
Stolt-Nielsen is paying over $99,000 per day to lawyers and alienated customers as a result of the chemical carrier price-fixing scandal.
- Petrojarl raises FPSO rate
Talisman Energy Norge to pay $220,000 per day for Petrojarl FPSO operating in North Sea.
- Posco to lift production
Korean steel giant is to produce more steel plate to cut shipbuilder’s reliance on foreign imports.
- Maritrans stays upbeat
US tanker owner posts weaker first-half numbers but says spot rates will increase in second half.
- Hong Kong holds six
A single bulk carrier plus five general cargo vessels fall foul of port state control inspectors.
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| JULY 11, 2006 |
- U.S. Lines grabs former CP Ships executives to oversee Oceania expansion
- Evergreen to join U.S. East Coast/Brazil loop
- Hatsu takes delivery of two more "green" ships
- MOL product tanker gets Marshall Islands flag
- TACA keeps surcharges unchanged
- Conference Administration Services to move, groups merge
- Steven Bresky takes over from father as Seaboard Corp. president, CEO
- Cathay's June cargo up 7.6%
- DHL expands Bali gateway
- Envirotainer appoints Interavion to handle sales in India
- Con-Way Freight joins environmental efficiency collaborative
- Mineta to join public relations firm
- Singapore deputy prime minister: supply chain security program imminent
- Vietnam to import first U.S. corn shipments
- Busan port reports no problems from typhoon
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| JULY 11, 2006 |
- Dispute between Smyril Line and Shetland eases up
Smyril Line’s dispute with Shetland Development Trust over the plans of abandoning the sailings from Lerwick has eased up a ...
- Remora issue for HiLoad development completed
A NOK 420 million share issue in Norwegian Remora has been completed, with NOK 158 million pre-committed by Stena ...
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| JULY 11, 2006 |
- Vancouver narrows price gap
Bunker differential narrowing as US West Coast prices firming.
- San Francisco pushes ahead with cold ironing
Authority following in footsteps of other California ports with cruise ship shore power plan.
- Salvors pleased as oil spill is prevented
Salvage team working on emptying the Safmarine Agulhas of bunkers and cargo doing well.
- Marine businesses included in Shell's latest divestment
Shell announced today that it has signed Sale and Purchase agreements for the sale of its downstream sales and marketing businesses is several Pacific islands.
- Massive emission reductions projected for LNG-fuelled ship
Oil company awards contract for its third LNG-fuelled ship after first two perform well.
- Lukoil in bid to build Turkish refinery
Russian oil giant wants to process crude and build storage terminal on Turkey's Black Sea coast.
- Rotterdam bunker market largely steady again
- Japan: June retroactive bunker price eases from record-high
NYK, Nippon Oil agree to cut retroactive bunker fuel price partly due to abundant supplies.
- Singapore bunker fuel prices fall on good avails
Bunker prices are expected to soften throughout this week.
- South Korea: Typhoon passes, bunker operations resume
Bunkering operations resumed on Tuesday morning, bunker prices down sharply on good avails.
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