 | web site |
| NOVEMBER 16, 2006 |
Shipping News
- New courses to boost S'pore's maritime industry talent pool
THE government yesterday announced more tertiary-level programmes aimed at increasing Singapore's talent pool for the high value-added and knowledge-based sectors in the maritime cluster.
- Yusen to fund expansion with loans, reserves
NIPPON Yusen KK, Japan's largest shipping line, said it will fund a one trillion yen fleet expansion mostly through bank loans and existing reserves rather than issuing stock to avoid diluting shareholders' equity.
- China's top port builder in US$2b IPO: source
CHINA's top port builder, China Communications Construction Co, started pre-marketing an initial public offering yesterday worth up to US$2 billion, a source familiar with the deal said.
- Shipping lines to reduce capacity on seasonal demand
- Thoresen Thai's Q4 profit falls 22%
|
 | web site |
| NOVEMBER 16, 2006 |
- NYK net profit slides 39pc for first half fiscal 2006
- Chongqing gets extra investment for port expansion
- China box volume up 24pc, to reach 94m TEU in '06
- Johor councillor urges SMIs to use PTP to lower export costs
- Chiwan Wharf Holdings October throughput up 30pc
- FedEx enhances Hong Kong services
- Cathay Pacific's October air cargo volume rises 4.2pc
- China Southern e-ticket sales soars to US$1.32bn Jan-Sept
- ECS Aero Cargo International is French GSSA for Thai Airways
|
 | web site |
| NOVEMBER 16, 2006 |
- Newport forms strategic alliance with Sundersons Logistics
- Planners blame govt for tardy growth in shipping sector
- For whom honour and recognition beckon
- Sinking Alang awaits govt’s lifebuoy
- National Cruise Shipping Policy taking shape-Baalu
- SCI signs contracts for two new 4,400-TEU boxships
- India leaps up the exporters’ ladder
- Mundra SEZ draws engineering units in droves
- Dedicated berth at Gangavaram port for Vizag Steel
- JNP feeder service boosts NMP box handling by 81 pc
- Stamp duty may be waived on warehouse receipts
- Cathay Pacific recognised as ‘Cargo Airline of Year’ by CAPA
- NDC may okay 11th Plan document on Dec. 9
- India Inc may snap up 370 cos in US, Europe every year-Accenture
- 19th batch of Export Import Workshop begins on Nov. 18
- Interactive meeting at IMC today
|
 | web site |
| NOVEMBER 15, 2006 |
- Geodis Benelux: new managing director
- A further five Kalmar straddle carriers for Brisbane
- BA World Cargo launches new Calgary service and boosts international frequencies
- TFG boosts services to Switzerland
- DHL opens hub at new Bangkok Airport
- Fresh Opportunities Congress approaching
|
 | web site |
| NOVEMBER 15, 2006 |
- Newport News gets CVN 79 contract
- Whistle blowers may share $200,000
|
 | web site |
| NOVEMBER 15, 2006 |
- Portland Port Commission Oks rail construction contract
- Biodiesel firm begins construction of Grays Harbor production facility
- Princess launch ceremony will cover full range of ship sizes
- Port of Olympia to discuss proposed budget for 2007
- TNWA member carriers plan for winter season slowdown
|
 | web site |
| NOVEMBER 16, 2006 |
- BV faces rejection as key GL investors shun bid
BUREAU Veritas’ audacious takeover bid for rival classification society Germanischer Lloyd is expected to be rejected by at least one group of shareholders for a third time, it has emerged.
- De Piedelievre upbeat despite cool reception
BUREAU Veritas’ offer for Germanischer Lloyd is not far short of €500m ($640m), the chief executive of the French company has confirmed to Lloyd’s List, writes David Osler.
- Clarksons ‘agrees $1.5m Abu Dhabi settlement’
SHIPBROKING group H Clarkson has agreed to an out-of-court settlement over a disputed container market analysis rather than be drawn into a long trial, writes Janet Porter.
|
 | web site |
| NOVEMBER 15, 2006 |
- Barber-Smith Bell crewing launched
MANILA 15 November – Barber Ship Management has reached an out-of-court settlement with its former Philippine manning agent NDF International, which has enabled the company to secure its joint venture with Smith Bell group
- Sovcomflot confirms audit dates
SOVCOMFLOT has confirmed to Fairplay that the audit of the company by the Accounting Chamber of the Russian Federation will now also cover 2005
- Oceania Cruises buys its fleet
OCEANIA Cruises has purchased the three vessels it previously operated through a long-term lease agreement
- Crew rescued as veteran coaster sinks
EIGHT seafarers were rescued from their veteran cargo ship early on Monday morning when it broke in two and sank off the Argentine port of La Plata
- Brazilian shipbuilding champion beached
WAGNER Victer, Rio de Janeiro state secretary for Energy, Shipbuilding and Petroleum, will move in January to head the state company for sewage and waterworks
- Bulls, bears split over tanker forecast
TANKER bears and bulls defended their sharply divergent forecasts once again at yesterday’s Marine Money forum in Coral Gables, Florida
- Revenge fear for Trafigura execs
- No sharp fall for newbuilding prices
- Knightsbridge rides unseasonal surge
- Green Reefers buys 20 vessels
- Canada reviews grain takeover
- Moscow blow for ChevronTexaco
- MC confirms sale-charterback
- Migrant Watch: US/Caribbean
|
 | web site |
| NOVEMBER 15, 2006 |
- Georgia, S. Carolina plan chassis pool
The port authorities of Georgia and South Carolina, carriers, to form a common chassis pool for the U.S. Southeast region.
- NIT League plans OSRA survey on confidential contracts
- New World Alliance plans to cut 4,000 TEUs
- Safmarine adds vessels to U.S.-S. Africa services
- Halifax volume gains
- Seaway traffic strong
- DHL scraps Blue Dart buy
- Customs Update: $10 million and counting!
- $1.5-billion plan for India port
- Hanjin sets IT overhaul
|
 | web site |
| NOVEMBER 15, 2006 |
- Rotterdam unions to ECT: re-negotiate or else
Trade unions in Rotterdam tonight issued ECT with an ultimatum, to agree to renegotiate the in-principle agreement previously struck, or new strikes will be a serious option.
- New World Alliance makes bigger than expected slack-season ship withdrawals
The New World Alliance is making bigger than usual slack-season capacity cuts as the supply-demand gap is widening.
- Signals of weakness affect charter market sentiment
- India concessions to be finalised, opening inland market to compeition
- News analysis: Russian transport integration goes vertical again
- Indonesia to rename Lamong Bay to attract investors
- Shipyard investment will boost Indian box shipping
- Updated: Private equity makes another move, with drink logistics purchase
- IMCL adds Rotterdam as North Europe hub
- Management changes at COSCO Group
|
 | web site |
| NOVEMBER 15, 2006 |
- Ferry fined for oiling Channel
French cops and a UK court have nailed a ropax for passing three tonnes of oily water.
- Bulls in bulk
Analysts have upped the numbers for Eagle and Genco and expect demand to outpace supply in 2008.
- SCI confirms box pair
Indian owner’s fleet expansion continues with order for 4,400-teu ships at Hyundai Samho.
- Liberia hits 20-year high
Registry tops 70m tons after Greek and Germans sign up newbuilds.
- Orsova on the up
Central Romanian shipyard sees profit soar in first nine months as costs are cut back.
- Six held in Hong Kong
October detention list includes two North Korean vessels which caused minor political storm.
- Premuda inks two at Samsung
Italian owner and partner Ignazio Messina shell out $149m for product tankers.
- Tankerska recovers
Croatian owner logs fivefold increase in profits after faltering start to the year.
- Green freeze
Norway’s Green Reefers turns in another chilly set of figures which sees losses widen although revenues are up.
- PacBasin snaps up newbuild
Bulk owner pounces on 2007 handysize delivery after pocketing $150m from share placement.
- NWA cuts capacity
New World Alliance boxship lines pulling vessels out of service for slacker winter months.
- Trafigura fights back
Charterer of Probo Koala launches libel action against human rights lawyers in toxic slops row.
- Take cover
Costly insurance premiums eat into profits at Thoresen Thai.
- Much better for BW Gas
Oslo-listed LPG and LNG carrier owner’s nine-month profit grows in healthy markets.
- FreeSeas almost breakeven
US-listed Greek drybulk owner only a few dollars in the red as thriving spot market boosts revenues in third quarter.
- Toei out in the cold
Another chilly set of figures at Japan’s Toei Reefer Line sees expected full-year income chopped.
- Green giant gets bigger
Norwegian owner Green Reefers splashes out up to $180m on 20 second-hand units with purchase options on two more.
- Precious launches purge
Thai bulker owner is lining up 12 older ships for scrapping to raise money for replacements.
- Profits jump at Knightsbridge
US-listed Frontline-managed VLCC operator sees profits jump four-fold compared to last year.
- UECC goes east
Wallenius and NYK-owned car carrier player expands into Black Sea with new service.
- CH Offshore orders in Japan
Universal Shipbuilding Corp will build a pair of anchor handlers for Singapore offshore operator.
- NOL sees more rate weakness
Singapore container line suffers a further slide in freight rates, but volumes continue to rise.
|
 | web site |
| NOVEMBER 15, 2006 |
- CSAV Norasia to end joint RTW loop; transatlantic rate battle ahead
- New World Alliance to reduce capacity in slack season
- Safmarine, Maersk to upgrade South African services
- Turkon signs onto GT Nexus portal
- Sea Star promotes two in IT department
- US Airways goes after Delta merger
- BA World Cargo to start Calgary service
- RailAmerica agrees to Fortress' $1.1 billion takeover offer
- FTA to policymakers: Proposals would force customers to abandon rail
- Garment importers warn Vietnam textile imports threatened
- Draft fiscal 2007 Food for Peace program available for review
- FMC revokes 2 OTI licenses
- Lettiere to head New York port promotion group
|
 | web site |
| NOVEMBER 15, 2006 |
- New DFDS liner named in Bergen
The new DFDS cruiseferry has been named Princess of Norway at a ceremony in Bergen last week. The ceremony was ...
- Green Reefers expands capacity
Bergen-based reefer owner/operator Green Reefers is expanding capacity with another 20 second-hand units from Seatrade, Caiano and others at ...
|
 | web site |
| NOVEMBER 15, 2006 |
- Big Apple bunkering
New York's bunker sales have been expanding, but the port is still vulnerable to the vagaries of the arbitrage market and competition is tight.
- Dan-Bunkering appoints new Sales Director
Middelfart sales team will be divided in two.
- Leading bunker player warns against switch to distillates
BP Marine's director Environment & Sustainability says proposed changes could be "the beginning of the end of the motor ship".
- Singapore market tumbles as buyers hold off
Supplier says bunker volumes have been "uncharacteristically poor".
- Another contender in talks for Kochi bunkering terminal
India's largest private company is contender to set up international bunkering terminal at Kochi.
- Rotterdam market stable Wednesday morning
- Net profit down 69% for Asian shipping firm
Thailand's biggest container shipping firm suffers losses from lower freight rates and higher bunker fuel bills.
- Gulf OPEC members favour oil prices at $55-60
But further cuts by OPEC 'remain on the cards'for its meeting in December.
- Japanese refiners at odds with bunker players
Refineries say availability in bonded market is tight, but bunker players report good supplies.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
