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| SEPTEMBER 14, 2006 |
Shipping News
- World's biggest container ship to dock at S'pore port
THE biggest container ship ever built, the Emma Maersk, will dock next month at Singapore's PSA terminals, the first Asian port of call on its maiden voyage.
- Singapore's container volumes up 11% y-o-y
WITH peak season cargo flows in full force, Singapore's container terminals handled 6.7 per cent more containers in August than a month earlier and 11 per cent more than the same period a year ago as China continues to fuel expanding global trade.
- Expansion to benefit Panama Canal
PANAMA's ambitious US$5.25 billion expansion plan for the Panama Canal will have lasting benefit, according to a Fitch Ratings analyst.
- Malacca Strait needs foreign military help against terror: analysts
- BP cleaning up gas oil leak at the Port of Long Beach
- Tianjin Port's profit doubles on Chinese exports
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| SEPTEMBER 14, 2006 |
- Yangshan phase 2 to open by year end and add 2.5m TEU capacity
- Chiwan cargo volume for August rises 28pc
- FANZL adds larger vessel to Australia/NZ-USWC service
- Private container trains unlikely to commence operations in India this year
- Eastern Europe rail freight up sharply: Railion
- Slight rise in Cathay cargo volume in August
- World Airways to run MD-11 freighters for Lufthansa
- Delta recalls pilots amidst international network expansion
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| SEPTEMBER 14, 2006 |
- Satyagiri Shipping to build & operate Nariman Point-Borivali sea transport service
- CMA CGM orders world’s biggest boxships yet
- Curtains to rise on major maritime event in S. Asia today
- South Africa invites india Inc. to open BPOs
- FCI takes delivery of 5 lakh tonnes of wheat
- Soyameal exports spurt
- MoS advertises for post of JNPT Chairman!
- VPT’s inner harbour channel, berths ready for Handymax vessels
- New Mangalore Port achieves new container handling record
- Move to expedite Chennai, Kolkata airports’ modernisation
- Gati plans to divest 7-10 pc more stake
- Industrial output posts heartening 12.4 pc July growth
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| SEPTEMBER 13, 2006 |
- New executives for FS Trenitalia
- MOL adds second P-class ship to PSX service
- Emirates ready to fly to Bangalore
- World Airways to operate MD-11 freighters for Lufthansa Cargo
- Fenway Partners acquires Roadlink USA
- Panalpina provides new logistics services to Schlumberger
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| SEPTEMBER 13, 2006 |
- "Urgent need" to reduce insurance claims
- Carlisle expands into dry boxes
- Colregs violation costs master US$2,810
- More ships use Baltic pilots
- Get tough with lorries says coaster guru
- New Italian high-speed ferry
- Gulftainer to develop Comoros ports
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| SEPTEMBER 13, 2006 |
- Bourbon reports increased income
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| SEPTEMBER 13, 2006 |
- Greenbrier announces purchase of Rail Car America
- Boeing begins testing of new large cargo freighter
- Port of Tacoma offering free boat tours to public
- COUGAR ACE arrives at Portland repair facility
- PDX noise committee schedules Vancouver meeting
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| SEPTEMBER 14, 2006 |
- Cosco in pole position to claim Greece port contracts
GREECE is poised to give the nod to China Ocean Shipping Group as its preferred partner in developing container business at its two biggest ports as well as at a proposed greenfield port site in Crete.
- Senate raises spectre of 100% inspection for US-bound containers
THE spectre of 100% inspection of containers bound for the US has reared its head again as the senate version of port security legislation is finalised for a vote, writes Rajesh Joshi in New York.
- NEL follows market trend with $119m share issue for growth
MARITIME Company of Lesvos, or NEL Lines, has become the second Greek ferry operator in the space of a few days to unveil management plans for a major share capital increase, writes Nigel Lowry.
- Maersk megaships set for Asia-Europe string
MAERSK will have a new Asia-Europe string comprised entirely of its giant 11,000 teu vessels by late next year, writes Helen Hill.
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| SEPTEMBER 13, 2006 |
- Emma 'financially sound' says Maersk
ROTTERDAM 13 September – Maersk Line’s Emma Maersk was built "for very sound financial reasons" and in response to a growing requirement for a reduction in unit costs, the head of the company’s container business division told journalists today
- China mills eye cheaper Indian ore
CHINESE steel mills are reported to be looking at India as a source for iron ore as rising freight rates have made Brazilian supplies more expensive
- Cougar Ace ties up in Portland
THE car carrier Cougar Ace arrived in Portland, in the US Pacific Northwest, late yesterday and was moored at a repair berth
- BP clears Prudhoe Bay hurdle
BP has cleared a major hurdle in getting its Prudhoe Bay oilfield back into full production
- Demolition can be 'safe and clean'
SHIP demolition can be safe and clean, delegates at a ship recycling seminar in Tokyo were told yesterday
- Suez dredger sinks leaving two dead
TWO members of the crew of a cutter suction dredger operated by the Suez Canal Authority are reported to have been killed when the vessel sank during the night
- Color anticipates profit erosion
- Castle Harlan sells Horizon stock
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| SEPTEMBER 13, 2006 |
- Port security amendments piling up
Fifty-seven amendments have been filed to the Port Security Improvement Act now being debated by the Senate.
- Customs creates new trade office
- U.S. trade deficit widens
- American, United join settlement in price-fixing case
- Customs Update: Ford vs. Customs
- U.S., Canada sign lumber pact
- DHS awards scanner contracts
- INTTRA widens portal access
- FANZL upgrades U.S.-Australasia service
- U.S. Lines upgrades Aus.-NZ service
- Nehru tops draft limit
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| SEPTEMBER 13, 2006 |
- US federal security staff to be boosted by port bill
US Senators yesterday agreed to a port security amendment giving US seaports 275 extra Customs and Border Protection officers, as part of the HR4954 legislation being considered this week.
- Maersk places its first Chinese order
Maersk Line has ordered four 1,800 teu containerships from Dalian Shipbuilding Industry, its first ever containership-building order with a Chinese shipyard, said the carrier’s Beijing office.
- Autumn storm clouds collect over gloomy charter business
- Mean machines: Korea/Japan sea-rail service a cheaper option
- Santos terminals slam Codesp debt-collection plan
- Co-ordinators report on 2007-13 TEN-T priority projects
- Hupac JV aims to compete with trucks on Baltic-Italy route
- Virginia Pilots secure rate increases
- South Korea's LPG trader to build Inchon box berth
- St Petersburg growth continues despite constraints
- Japan and Indonesia hold joint security training
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| SEPTEMBER 13, 2006 |
- NCC back in Korea
Saudi owner National Chemical Carriers orders two more units at recently renamed SLS Shipbuilding.
- Bullish on demand
Lazard Capital Markets expects OMI Corp to earn 20% less next year. But that’s good.
- Two cheers for Diana
Today was the time to buy the ship but tomorrow may be the time to buy the share, thinks Bear Stearns.
- Greatship buys another
Great Eastern's offshore shipping unit snaps up 2005-built supply ship.
- TTA buys more Mermaid
Thai owner ups stake in offshore ship subsidiary to 74%.
- Premuda posts profit fall
Italian owner hoping for full-year satisfaction after drop in first-half earnings.
- Diana confirms
Diana Shipping has confirmed reports that it is the buyer of a Shanghai Waigaoqiao capesize newbuilding.
- Bourbon crumbles
French bulker and supply ship player suffers profit drop in first half in weaker dry market.
- Ports screening back on agenda
US senators could vote on Wednesday to scan all inbound containers for nuclear material.
- Yards eye Kandla deal
India’s ABG and Bharati go head-to-head to develop new shipyard and repair facility.
- UECC branches out
Car-carrier outfit opens new offices in Greece and Belgium as the market in Eastern Europe heats up.
- Two dead in Suez sinking
Another two crew missing after dredger accident shuts Canal for an hour.
- Kelso to trim Eagle stake
Private equity house to offload up to 2.3m shares in US-listed supramax owner.
- Ship's master fined
Captain of Isle of Man-flagged vessel found guilty of flouting Colregs in English Channel.
- Endless strike over
Greek owner Sea Justice reaches compromise with 18 Filipino sailors aboard panamax in Long Beach.
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| SEPTEMBER 13, 2006 |
- FastShip offers tender for transatlantic cargo capacity
- WITASS seeking surcharge hikes in Colombian ports
- Hassing speaks about Samskip sale of TECO
- Trailer Bridge’s McCown: Environmentalism may shape shipping decisions
- LaGoy comes to Sea Star Line
- Lufthansa to pay $85 million in cargo scandal
- Atlas Air orders 12 next generation Boeing 747 freighters
- Emirates SkyCargo launches new cargo management system
- World Airways to operate 2 MD-11 freighters for Lufthansa
- Exec says better roads would help ease port congestion
- Korea probing Hyundai Auto, logistics subsidiary
- Dezenski to represent biometric company
- Azerbaijan places follow-on order for VACIS inspection systems
- Schumer calls for more box inspections, $500 million for security R&D
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| SEPTEMBER 13, 2006 |
- UECC opens offices in Pireaus and Brussels
Norwegian sea transport and logistics company United European Car Carriers (UECC) opens commercial offices in Piraeus and Brussels to take ...
- CMP benefits from newspaper development
Copenhagen Malmö Port (CMP) seems to benefit from new times in the media world. Two new free daily newspapers in ...
- Swedish MP reports "Estonia" investigation to chancellor of justice
The green party member of the Swedish parliament Lars Ångström has reported the Swedish Government to the chancellor of justice ...
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| SEPTEMBER 13, 2006 |
- Petrobras boosts high-viscosity supply
New bunker grades and pricing becoming available from Brazilian supplier.
- DOE: US crude stocks drop, products rise
Year-on-year stocks of crude and key products holding above average.
- Supplier declares force majeure on fuel oil
Overrunning refinery maintenance leaves supplier unable to supply fuel oil to contact customers.
- New Chinese supplier could be operating by year end
Go-ahead still needed from customs authorities.
- Singapore bunker sales break another record
Demand for 500 cst product drives volumes higher.
- Maritime community should help maintain security in the Malacca Strait
Shipping industry accused of adopting 'ostrich policy' to terrorist threats.
- BP Marine in deal to develop marine emissions detector
Laser technology said to be more effective than sniffer dogs being developed for use in marine emissions monitoring equipment.
- Rotterdam bunker prices decrease with crude market
- 'Very aggressive competition' in US East Coast hub
Bunker prices tumble in New York, but North American West Coast tells a different story.
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