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| NOVEMBER 14, 2006 |
Shipping News
- Agility Logistics to leverage on Singapore for Mice growth
NEWLY rebranded Agility Logistics has announced its intention to use Singapore as a platform to spearhead the growth of its meetings, incentive, convention and exhibition logistics division.
- Dubai World in £1.5b UK project
DUBAI World has confirmed plans to invest £1.5 billion in a major infrastructure development project in the UK.
- Container volume at S'pore ports rises 9.3% in Oct
PSA International Pte and Jurong Port Pte handled 9.3 per cent more containers in Singapore last month helped by growing trade demand, the Maritime and Port Authority of Singapore said.
- Slow discharge holds up 7 tankers at Dar es Salaam port
- Persian Gulf tanker rates may be little changed
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| NOVEMBER 14, 2006 |
- Port of Qingdao handled 20m tons of cargo in October
- Korean logistics firm to build US$381m logistics park in Shenzhen
- FedEx wins mainland business award
- Shenzhen bid for bonded status challenges HK
- Mumbai Maritime Academy from 'K' Line
- DHL to invest US$50 million to improve Korean network
- Cathay Pacific enhances Shanghai freighter service
- Korean Air flies to Nepal, adds charters to Cambodia
- TNT boss wants third HK third air cargo base
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| NOVEMBER 13, 2006 |
- BV bids for GL
- Star Cruises continues expansion
- Bye, bye Ybarra Sud
- Crewmen killed on tanker off Scotland
- IMAREX joins FFABA
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| NOVEMBER 13, 2006 |
- PDX selected as top domestic airport
- US railroads recognized for hiring military personnel
- Holiday event scheduled for Bellingham Cruise Terminal
- IMO numbers expanding with new member state
- Carriers combine efforts in new Asia/Mediterranean run
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| NOVEMBER 14, 2006 |
- German government auditors recommend end to tonnage tax
GERMANY’s government auditing office has sharply criticised the country’s tonnage tax system and recommended that the scheme be scrapped.
- Dagmar Wöhrl takes helm of Germany’s maritime strategy
DAGMAR Wöhrl has been appointed the German government’s new maritime co-ordinator, writes Bülent Erdogan in Cologne.
- Drewry box freight indices to lift the lid on container rates
THE veil of secrecy that traditionally surrounds the true level of freight rates for containerised cargo is about to be lifted.
- Unions prepare for court battle over Aker ‘foreign’ tankers
US trades union federation AFL-CIO has repeated a pledge to take US authorities to court over Aker Philadelphia’s product tanker newbuildings.
- Spendlove elected as international P&I chairman
PETER Spendlove of West of England P&I Club has been elected to the most prized post in shipowners’ liability insurance, writes James Brewer.
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| NOVEMBER 13, 2006 |
- GMO rice sinks barge carriers
Europe’s embargo on US genetically modified rice has prodded International Shipholding to a $30m ship sale.
- Make that nineteen
China Merchants draws up IPO shopping list of 14 tankers and 5 gas carriers.
- Hyundai considers Kandla
Korean group lines up against three Indian shipbuilders in bidding for new shipyard project.
- Superferry 19 goes home
Aboitiz ship returns after unsuccessful charter in Papua New Guinea as blame game begins.
- Class merger worries
Germanischer Lloyd works council is concerned at Bureau Veritas takeover approach.
- Profits surge at Star
But result owes more to ship sales and currency gains as cruise operator prepares $200m rights issue.
- Jutha jumps
Profit rises 100% for Thai cargoship owner, as time-charter business provides solid base.
- Zim officer sentenced
Montenegrin navigator gets six month’s community service for Zim Asia collision that killed seven Japanese fishermen.
- Brokers in London IPO
UK-headquartered shipbroker ACM Shipping is pushing ahead with a listing on London's Alternative Investment Market (AIM).
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| NOVEMBER 13, 2006 |
- Green groups want 1% global sulphur limit by 2010
Environmentalists adding support to distillate fuel solution but also supporting low-sulphur fuel oil.
- New supplier on US East Coast
Sprague Energy bringing 'expertise' to bunker expansion.
- Petrobras closed Wednesday
- More support for ending IFO as a shipping fuel
Shipping association says maritime industry is facing "one of the hardest topics" it has ever had to confront.
- LSFO finally on tap in Gibraltar
Peninsula expects demand to grow after securing regular LSFO supply.
- Bunker cost drags down shipping firm's Q3 profit
South Korean shipping firm post more than 80% drop in net profit with on higher bunker costs.
- India to combat oil spill with new model
New oil spill management model to protect India's rich biodiversity at several locations.
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