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| JANUARY 16, 2006 |
Shipping News
- French asbestos warship clears Suez hurdle
EGYPT yesterday approved the transit through the Suez Canal of a decommissioned French warship heading for an Indian scrapyard that had been stranded for three days over fears it was an environmental hazard.
- Kuehne & Nagel to beat forecasts after ACR buy
KUEHNE & Nagel International, the world's largest sea-freight forwarder, expects to surpass its 2006 targets of 12 per cent sales and profit growth after the 440 million euro acquisition of ACR Logistics boosts revenue, chief financial officer Gerard van Kesteren said in an interview.
- Turkey's Dardanelles strait shut after ship runs aground
A ship owned by the Angelicoussis Group, Greece's biggest shipping company, ran aground in Turkey's Dardanelles strait on Friday, partially closing the waterway.
- Caribbean tanker rates may fall as ships arrive from Europe
- London Tube faces strike threat from train drivers
- German equity investor mulls hostile bid for TNT
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| JANUARY 16, 2006 |
- US-Asia scrap metal rates to rise: WTSA
- Yang Ming launches new China-SE Asia service
- New container port to be built in southern Vietnam
- Strong growth maintained in 2005: PSA
- DHL plans US$181m service centre for NYC
- Hactl cargo data integration with Ezycargo complete
- United, Creditors' Committee iron out reorganisation plan differences
- KLM to offer cargo management courses with university
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| JANUARY 16, 2006 |
- MSC to connect South India to its worldwide liner network
- Bidding war for P&O hots up
- WTSA to hike rates of metal scrap shipments from US to Asia
- Rates of Asia-bound tankers continue to drop
- Move to bar Clemenceau entry
- Apparel, denim exports rise marginally
- Imports of non-edible oil surge by 246 pc in Nov-Dec.
- Port workers in Germany, Belgium strike against EU reforms
- KoPT asked to prepare terms of reference for feasibility study
- KRCL planning 223-km gauge conversion project linking Gujarat ports
- Private firms to build most of road projects by 2012
- Pvt. sector entry will boost rail container traffic, avers Velu
- Boeing, A-I formalise 68-jet order pact
- Body to ensure rail tariff rationalisation proposed
- FBT will be simplified, assures Chidambaram
- Vanaspati industry demands safeguards from increasing duty-free imports
- Customs duties in India high-US official
- Fiscal sops for agro-chem industry to be proposed
- Target Plus scheme to have sharper focus, announces Kamal Nath
- Economists offer pre-Budget suggestions to FM
- New SEZ rules to be notified in 10 days
- Adarsh Kishore appointed new Finance Secretary
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| JANUARY 13, 2006 |
- Hellmann names new European regional head
- Eastern Car Liner and Rickmers-Linie to cooperate
- Air France to launch daily service from Paris Leipzig
- Danser Container Line scoops up Natural van Dam
- McLane extends contract with K & G Stores Inc in USA
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| JANUARY 13, 2006 |
- UK calls for co-operation on transport security
- Offshore well numbers unlikely to grow but spending will surge
- Channel collision
- Ashdod congestion eases
- DFDS sells ro-pax
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| JANUARY 13, 2006 |
- WTSA member carriers plan metal scrap rate increase
- Radiant Logistics buying Seattle freight forwarder
- Portland Shipping Club looks for 'Old Salt' nominations
- Pair of records broken by yearly railroad totals
- Union Pacific wants to hire members of armed forces
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| JANUARY 16, 2006 |
- Look to medium term for positive prospects says SMF
WITH FREIGHT rates softening the Singapore Maritime Foundation is urging shipowners not cutback on areas such as training as long term prospects remain healthy.
- TEN ploughs $280m into fleet expansion programme
TSAKOS Energy Navigation has announced a $280m expansion programme embracing five tankers, ranging from from handymax product tankers to a very large crude carriers and comprising three newbuildings and two second-hand ships.
- Support for ports directive slipping as Bill faces outright rejection
INDUSTRY is predicting a second defeat for the European Union port services directive on Wednesday.
- ‘More harm than good’ claim
THE draft directive on port services could end up doing more harm than good in its present form, European port industry association Espo has warned, writes Justin Stares .
- Barrow named as Maritime London head
A NEW chief executive has been appointed for the promotional body Maritime London to replace Tony Funnell, who has retired, writes Michael Grey.
- Iraq calls for end to war risk weighting at Umm Qasr
THE Iraqi Port Authority has called for the scrapping of war risk weighting for vessels calling at its busiest port, Umm Qasr.
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| JANUARY 13, 2006 |
- Eleventh-hour plea on EU Directive
EUROPEAN port operators have issued an eleventh-hour plea for European transport commissioner Jacques Barrot to withdraw the proposed Port Services Directive
- Shell force majeure in Nigeria
SHELL has declared force majeure, warning of delays in oil exports from Nigeria, after the kidnapping of four expatriate oil workers and a pipeline explosion
- 'No future for' Caribbean bananas
COMPETITION from Latin American producers and European subsidies will soon force Caribbean countries to abandon banana and sugar production, it was claimed this week
- Grindrod in perishable cargo alliance
GRINDROD, Southern Africa's leading freight forwarder of perishable cargo, has teamed up with reefer alliance NYKLauritzenCool to develop shipments to major markets
- China, India sign energy agreement
- Tsakos Energy to add five tankers
- Trans-Pacific scrap rates rising
- Mercosur faces uncertain future
- LNG carrier leaves Darwin without cargo
- Hoverspeed managers in Dover talks
- Hamburg salvor to recover ship section
- MSC's Aponte muscles into ferries
- Tallink posts profit in weak quarter
- NYK charters out VL newbuildings
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| JANUARY 13, 2006 |
- LA eyes more off-peak traffic
Terminal operators in Los Angeles-Long Beach gateway plan ways to push more container traffic into off-peak hours.
- Portland boxes plummet
- EU dockers plan mass protest
- Journal of Commerce completes in-depth program for Short Sea Shipping Conference
- Bar pilot's body found
- Deutsche Post 'watching' UPS German mail move
- Canada appeals WTO lumber ruling
- German railroad’s stevedore buy in doubt
- Box lessor UES acquired
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| JANUARY 13, 2006 |
- Combatants silent as P&O Ports battle rages
Subterfuge is apparently tarnishing the battle for the hearts and minds of P&O investors, as reports that PSA Corp intends to break the company up surfaced in Hong Kong today.
- Hamburg ends HHLA/DB negotiations
The Hamburg Senate has just aborted its HHLA takeover talks with Deutsche Bahn, with Hamburg mayor Ole von Beust and finance senator Wolfgang Peiner citing DB’s headquarters as the stumbling-block.
- PIL MD urges industry to look beyond softer short-term prospects
- COSCON to adjust China-Australia service
- PSA’s Singapore weight shifts, after 8.1% growth, versus 51.32% overseas
- Wan Hai deploys Jurong newbuilding on Middle East trades
- Temas to add two vessels for Jakarta-Port Klang
- March against Ports Package II sees more allies falling into step
- JNPT third box terminal to be partially operational in April
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| JANUARY 13, 2006 |
- Baltic products surge
St Petersburg's exports of oil products soared 18% last year, despite higher duties.
- Stealthgas adds another
Vafias quoted vehicle coughs up $9.8m for lpg carrier on time-charter to oil major.
- Oily-water foulers held in Japan
Four ships held in Japan last month by PSC inspectors had separator deficiencies in echo of US action.
- Bourgas books ferry
Bulgarian yard to build third ship for Lithuania’s Smiltynes Perkela.
- Kaspar builds volumes
Azerbaijan state shipowner carried 5% more oil in 2005.
- Clean slate in Hong Kong
Chinese territory detained grand total of zero ships during December.
- Grindrod hot for Cool venture
South African owner to team up with LauritzenCool on logistics.
- Samsung earnings soars
Korean shipbuilder back on track in 2005 after receiving order boosts.
- DFDS offloads Palanga
Danish company’s Lisco Baltic Service unit sells veteran ro-pax to New Zealand owner.
- Smedvig backs Fredriksen
Drilling contractor’s board of directors recommends that shareholders accept SeaDrill offer.
- Sovcomflot sells suezmaxes
Tromso Reliance and Trust rumoured gone for $45m to JB Ugland.
- Tug for Great Barrier Reef
Australian authorities unveil plans for $100m eight-year contract for emergency towage vessel.
- Northbound traffic halted on Dardanelles
Grounding of Angelicoussis bulker prompts partial shutdown of straits.
- TEN bolsters fleet
Listed shipowner inks three newbuildings and “buys” VLCC and MR tanker from Tsakos Group.
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| JANUARY 13, 2006 |
- U.S./Asia freight rates to rise, China 'free time' curtailed
- NYK to transfer Africa, Latin America operations
- Star Shipping vessel collides with tanker outside Boulogne, France
- Wan Hai names 2,646-TEU ship
- UAL Corp. reaches agreement with creditors committee
- World Airways wins airlift job
- Great Lakes 2005 coal shipments up 7%
- RailAmerica's carloads up 5.4% in 2005
- Hickerson to head Pacer truck unit
- U.S. textile group calls for China trade reforms
- INTTRA launches tender application
- GeoLogistics selects new ocean freight chief
- PSA's throughput rises 24.4% in 2005
- Commission favors end for New Orleans Gulf Outlet
- Canadian port of Vancouver's box volume up 6% in 2005
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| JANUARY 13, 2006 |
- No strike on Swedish vessels
Just a few hours before deadline the Swedish Merchant Marine Officer’s Association, the Swedish Ship Officers’ Association and the Swedish ...
- Several potential buyers orbiting Scandlines
Since the for-sale sign was officially hung on Scandlines’ doors, no obvious buyer for the Danish/German ferry operator ...
- "Clemenceau" stopped by Egypt
The French aircraft carrier "Clemenceau" has been denied to enter Egyptian waters on its way the scrapping beaches in Alang ...
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| JANUARY 13, 2006 |
- Weather hampers Portland resupply
Rough weather on Columbia River Bar frustrating resupply schedules and keeping avails tight, prices firm.
- US market steady ahead of long weekend
Bunker prices staying stable despite crude creeping up, higher demand expected next week.
- Major Singapore refinery shutdown scheduled for March
Regional fuel supply could be affected as major plans shutdown of more than 20% of Singapore's total refining capacity.
- Lubmarine partners Australian marine fuel supplier
Marine lube supplier has entered into an exclusive partnership agreement with Australian marine fuel supplier.
- APL Panama still stuck despite lighter fuel load
Concern for fuel leak increases as salvage efforts face uphill struggle.
- Rotterdam holds firm at midday
- Lower water limit stops uptake of new ISO 8217 standard
Most Singapore bunker suppliers are still basing contracts on ISO 8217:1996, and tell Bunkerworld that the MPA sees it as commercial issue.
- STS transfer proposal underway for Falmouth
Falmouth Harbour Commissioners have pushed forward a proposal to carry out STS crude oil transfers in Falmouth Bay.
- China 2005 crude output up, product pricing policy may change
China's crude output increased in 2005 while import growth slowed. Industry experts foresee a revamp of domestic product price mechanism.
- Export duties hit Russian 2005 oil exports
2005 figures reveal impact of rising export duties, but reduction in crude and oil product levies is imminent.
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