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| JULY 18, 2006 |
Shipping News
- More growth potential in semi-sub rigs
DEEPWATER semi-submersible oil and gas rigs have a higher long-term growth potential than the shallower water jack-up rigs which are increasingly reaching their operational limits, according to analysts.
- Russian firm designing new oil port for Far-East coast
OAO Primorsk Shipping Corp, Russia's third-largest shipping company by tanker capacity, is designing a new oil port for Russia's Far-East coast that it said would have a 'record' high loading rate.
- Tanker rates to Asia at 20-week high
THE cost of shipping crude oil from the Middle East to Asia on two-million-barrel tankers held at a 20-week high as violence in the Middle East spurred refiners to stock up on crude.
- Cargo handling up 7% at Bangla port
- Competition the best mechanism: shippers
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| JULY 18, 2006 |
- TSK upbeat about Nansha
- Tianjin, Ningbo-Zhoushan see box volumes rise in H1
- AADA to levy PSS from mid-August
- Singapore throughput up 1pc in June
- TNT expands in Malaysia with new global express centre in Johor
- Kuehne + Nagel Mexico wins major Sony contract
- China Airlines receives go ahead for mainland charter flights
- Hong Kong to host Asian Aerospace expo next year
- SAS Cargo to boost capacity in Spain
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| JULY 18, 2006 |
- RCL upgrades Middle East coverage
- Coscon expands SEA service with Nansha call
- Milestone for Marshall Islands as MOL vessel joins Registry
- W. Africa port congestion prompts surcharge revision
- Cosco Singapore to restructure to become marine services firm
- New Taiwanese JV enhances port coverage for V.Ships Agency network
- Hanjin hikes fees for delays at US ports
- NYK Line wins LNG transportation contract
- Hatsu completes latest phase of fleet expansion
- Natural to become part of PWC Logistics
- "K" Line appoints new Europe CEO
- DFDS Transport expands in Asia
- TT Club enhances web services
- APL spells out 5-fold method to sew up global trade security & supply chain infrastructure
- CSLA opposes CoPT’s move to revise charges
- Car exports zoom by 28 pc in Q1
- New Mangalore Port logs on to information superhighway
- BOFBA votes for the ‘tried & tested’
- Oil shoots past $ 77 a barrel
- Drawback rate hikes inadequate, say garment exporters
- Nath assures liberal FDI norms to boost manufacturing sector
- 49 players keen to set up SEZs in Haryana
- CVD on wine, spirit may be scrapped
- Private sector spots highways to profit!
- Precisely, exports fetched $ 102.7 bn in 2005-06
- Liberal grain import norms on anvil
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| JULY 17, 2006 |
- New Hellmann air and seafreight manager
- Bremerhaven's CT4 terminal to be completed ahead of schedule
- Etihad Airways signed contract with Cargo Community Network
- New Kombiverkehr shuttle trains to the North
- Geis group acquires Polish Cantrans
- Beirut transport infrastructure bombed out
- TT Club enhances web services
- Joint Schenker and BAX Global presentation at Farnborough
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| JULY 17, 2006 |
- Singapore exempts liner shipping from competition law
- Box lines ponder ME war risks
- Leif Höegh’s strong first half
- Stolt-Nielsen to challenge court ruling
- K Line takes delivery of LNG carrier
- Stolt Australia dispute resolved
- Aker to build Arctic box ships
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| JULY 17, 2006 |
- NY Waterway in $1.2 million settlement
- Foss Maritime in East Coast acquisition
- Aker Yards wins more Arctic orders
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| JULY 17, 2006 |
- Port of Seattle wants input on qualifications for new CEO
- Janice Grace retiring from senior VP post at NASSCO
- Coast Guard runs exercise to test offshore rescue operations
- Crowley continues to add new containers, chassis
- Big Sky Airlines expanding service to Portland
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| JULY 18, 2006 |
- Beirut port bombing kills truck drivers
TWO truck drivers waiting to pick up cargo in Beirut’s port were killed when Israel launched another offensive on the city in the early hours of yesterday.
- Shipping steps in for Lebanon evacuation
COMMERCIAL shipping is playing a central role in the mass evacuation of foreigners from Lebanon, after European administrations chartered in tonnage on an emergency basis to pick up tens of thousands of nationals.
- Middle East war risk premiums set to soar
CARGO interests are facing a fivefold rise in the war risk element of their insurance premiums for goods destined for Lebanon or Israel, although the level of hostilities has ruled out almost all normal sea trade with the countries for now.
- Cargo fear hits Maersk shares
SHARES in Danish shipping and oil giant AP Moller-Maersk came under further pressure yesterday amid speculation that slowing economic growth will cut cargo volumes, writes Tony Gray .
- Arntzen says OSG will be more than a landlord
POTENTIAL spin-offs of its US-flag and liquefied natural gas units would not relegate Overseas Shipholding Group into a shell holding company but would enhance shareholder value, Morten Arntzen has stressed.
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| JULY 17, 2006 |
- France organises Lebanon evacuation
BEIRUT 17 July - France has put in place a crisis plan to evacuate its residents from Lebanon with a first vessel due to take on refugees in Beirut port today
- Change ahead for Canadian Wheat Board
CANADA'S prime minister is being accused of stacking a farm meeting that could lead to a dramatic change in the way the Canadian Wheat Board markets wheat exports
- Yard workers block Guadalquivir
STRIKING Spanish shipyard workers today threw themselves in the River Guadalquivir in Seville and blocked local shipping
- Magic pipe users face prison
A US federal grand jury has indicted the owner and operator of a bulk carrier together with several employees for using a magic pipe to discharge untreated sludge
- Bulker crew in hospital after attack
THE crew of an Egyptian-operated bulker heading for Tartous in Syria came under Israeli gunfire on Saturday, 12 seafarers are now in hospital
- Codesp drops Libra Terminais appeal
SANTOS port authority will not appeal against an injunction won by container terminal operator Libra Terminais against the handing of an area of the port to a rival
- Euroferrys takeover approved
- Demolition vessel damages bulker
- Boycott not serious, DNVPS affirms
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| JULY 17, 2006 |
- Talks underway on Vancouver superport
Government plan would create a single megaport in the western Canada region to help trio of hubs garner greater share of trans-Pacific Asia trade.
- Imports rise 11% at LA-Long Beach
- Panama assembly approves expansion, calls for referendum
- Dubai set to restart U.S. port assets sale
- Marseilles to start work on new box hub
- UPS, FedEx subpoenaed in air-cargo probe
- Bridge owner wants to build new U.S.-Canada span
- Haifa port re-opened
- COAC schedules meeting, seeks new members
- India revises almond fumigation rules
- Jaxport promotes Cabrera
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| JULY 17, 2006 |
- Israeli business tries to keep business as normal
Haifa Port closed today for the second time in two days, in missile-hits on northern Israel which have caused several injuries and deaths, but Israel-based shipping sources say they are trying to function normally.
- Noumean unions seek Maersk agreement
New Caledonia's USTKE union expects to meet with Maersk this week to reach agreement over the Noumea calls of the carrier's OC3 Pacific Express.
- Date set for Panama Canal referendum
- Santos port authority told not to appeal box-terminal injunction
- JN Port and Mumbai security level upgraded
- Growth at Singapore and Hong Kong slows
- Japan’s Mitsubishi expresses ‘very strong interest’ in new Santos port
- Hapag-Lloyd to exit trans-Tasman loop
- Norilsk Nickel confirms supply-chain control, with new ship order
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| JULY 17, 2006 |
- Prestige owner wins big
Coulouthros succeeds in multi million dollar court battle over tanker caught in Iraqi oil smuggling net.
- OSG VLCC runs aground
New York owner confirms incident off China for Majestic Unity, a tanker it has designated for sale to Greek owner.
- Foss sees stars
Seattle-based company snaps up Constellation Tug Company in its drive east.
- US fixes cruiseship
Abou Merhi's Orient Queen to begin evacuation of US citizens from Lebanon as early as Tuesday.
- Beirut entry gets green light
Hoegh car carrier expected to evacuate 600 Europeans from Lebanon after receiving Israeli clearance.
- Missile strikes Egyptian ship
Twelve rescued from burning vessel caught in crossfire between Israeli navy and Hezbollah fighters.
- Coscon snaps up agents
Chinese container line buys Philippines and Hong Kong agents from parent Cosco group.
- NATS makes it ten
Herbjorn Hansson is still looking for tonnage as another suezmax is bought for $80.9m.
- Japanese detentions fall
June total down as Sakhmorflot and Orient Line ships held.
- Tanker capesizes in Yellow Sea
One missing after heavy seas capsize oil tanker off the coast of China’s Shandong Province.
- Brave order move
Vafias family business rather than Stealthgas adds two semi-refrigerated LPG carriers to order book.
- Havila sells off Fortune
Per Saevik's listed firm disposes of remaining stake in PSV.
- Tanker sinks off Taiwan
Fears for cargo of ethyl acetate as Indonesian tanker sinks with all eight crew members rescued.
- New orders for Qatar Nav
Middle East operator plans to sign contracts for three new 1,000-teu containerships.
- Short sea speed up
European Commission calls for acceleration of the “Motorways of the Seas” project to promote short sea shipping.
- UK detains six
Polish Steamship and Mediterranean Maritime bulkers held during June after failing safety checks.
- Shreyas plans planes
Indian feedership operator eyeing move into cargo airline business.
- Filipino hostages released
Twenty crew members and UAE tanker seized at Mogadishu in March freed without ransom payment.
- Aker wins Norilsk Nickel business
Successful operation of Norwegian-built prototype leads Russian mining giant to order up to five more multipurpose ice-class cargoships.
- Ships to evacuate Beirut
Merchant shipping set to provide the main escape route for any exodus of foreigners from Lebanon.
- Brostrom takes two
Rigel Schiffahrt offloads two products/chemical tankers to Swedish partner with an option for another.
- Avion volumes grow
Owner of Icelandic container line Eimskip carried 14% more ocean cargo in first half.
- ‘Exercise’ claims seafarer
One man killed and another two seriously injured in incident on Polish Steamship Co bulker.
- Silversea steers clear
Up market cruise line opts to cancel Lebanese and Syrian port calls in face of growing conflict.
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| JULY 17, 2006 |
- Leif Höegh's operating profit up 17%
- Wallenius Wilhelmsen doubles frequency of Middle East service
- Yang Ming's chairman adds CEO role
- Crowley buying containers, chassis
- Avion Group to buy six 747-400s from ANA, reshuffles management
- Work starts on Siberian cargo hub
- UPS cooperating in air cargo probe
- FedEx executives get maximum bonuses
- DHS awards large contract for better radiation portal monitors
- LSI-Sigma develops INTTRA-ready software for U.K. market
- Shapiro hosts automation and recordkeeping seminar
- PSA, COSCO Pacific volumes soar
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| JULY 17, 2006 |
- Nordic countries prepares for evacuation by sea
At the same time as the evacuation from Lebanon by bus and air via Syria has started, preparations for an ...
- Broström buys and sells
Broström has aquired two 37,000-DWT tankers from Rigel Shiffahrt and secured a purchase option for a third by the ...
- Big deal again for Stena Drilling
The market for drilling rigs and drillships is hot and the oil majors are very active in the market to ...
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| JULY 17, 2006 |
- Sri Lanka bunker port a 'priority project'
Sri Lanka welcomes increased Chinese participation in infrastructure and development projects.
- Hope fades for stranded ship
Some oil said to be leaking from Safmarine Agulhas and remaining containers soiled by oily water.
- Oil transfer plans prompt litigation threat
Conservationist groups and local council leaders say Forth Ports risks breaking European law if it approves STS transfer operations at Forth.
- Hong Kong: BP prepares for trial sales of 500 cst
BP set to join ExxonMobil to effectuate sales of high-viscosity bunker fuel.
- Rotterdam holds firm Monday morning
- Singapore supplier under investigation by corruption bureau
Independent supplier embroiled in on-going investigation handled by the Corrupt Practices investigation Bureau.
- Singapore: Three bunker firms on the move
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