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| DECEMBER 18, 2006 |
Shipping News
- US court rules against Daimler, unit in fraud case
A US court has ordered DaimlerChrysler AG and its heavy truck-making unit Freightliner LLC to pay more than US$800 million in a tangled multinational fraud case, The Oregonian newspaper said on Saturday.
- India to invest in Myanmar's Sittwe port
INDIA will invest 4.5 billion rupees in developing Myanmar's Sittwe port to connect north-east India with East Asia, a senior Indian official said on Saturday.
- US Gulf fog lifts, lets oil ships into some ports
A siege of fog that has halted shipping at several ports along the United States Gulf Coast broke on Saturday, allowing some ships carrying crude oil and refined products to move, ship pilots said.
- BP Shipping charters new tanker as it revamps fleet
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| DECEMBER 18, 2006 |
- TNT changes name to CEVA to reflect stand-alone position
- MOL (China) to open Hefei office
- Vycon supplies crane technology to Long Beach
- ANL Singapore forms JV agency for German, Dutch markets
- Allcargo, ECU Line to set up box depot in India's Madhya Pradesh
- UASC, Jardine Shipping set up JV shipping agency for Asia market
- Great Wall Airlines to resume service after ruling rescinded
- Swiss WorldCargo puts Cargologic in charge at Lugano
- NWA to extend code-share with Korean Air
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| DECEMBER 18, 2006 |
- Freight India Logistics opens US office
- Duty-free wheat imports allowed till Feb-end
- India Inc. stalking UK firms
- EC wants early FTA talks with India, Asean, S. Korea
- KPT invites EoIs for 3 major projects on PPP basis
- Kerala govt to float new tender for Vizhinjam project development
- MoF favours freeing tariffs for future port capacities
- Adequate Customs staff need of the hour
- More logistics firms eyeing containerised freight operations by rail
- Container depot at Nattakom getting ready
- Base laid for CWC’s rail-side warehousing complex (RWC)
- Outsourced activity exempted from TDS, clarifies CBDT circular
- Infrastructure industries notch robust 9 pc growth in Oct.
- IMC pleads for new economic diplomacy
- Move to lighten handloom weavers’ loan burden
- Service tax revision unlikely in Budget
- Enterprise SCIONS-Jury Special Award bestowed on Vijay Kalantri
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| DECEMBER 15, 2006 |
- Hyrcyk new NYK Logistics IT director
- PaulGünther takes over Jiannis Trailer Sales
- Etihad passes operational safety audit
- Rail Link Europe launched
- Motorway merger off
- Deutsche Post to consolidate national parcel and mail business
- Slovenian government amends railway legislation
- SSC airfreight seminar, Interlaken, Switzerland, 24 to 26 January 2007
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| DECEMBER 17, 2006 |
- Louisiana yard to build cat ferries for Mexico
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| DECEMBER 15, 2006 |
- Portland Port Commission calls for PDX parking garage options
- US rail freight has up/down November
- Conway makes holidays brighter for list of Portland charities
- Horizon Lines paying down outstand long-term debt
- Guggenheim Aviation orders new Boeing 777 Freighters
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| DECEMBER 18, 2006 |
- GL averts BV hostile takeover bid with Herz’s ‘Hamburg solution’
GERMANISCHER Lloyd has finally knocked out the hostile takeover bid by Bureau Veritas through the so-called "Hamburg solution".
- Tui joins Carnival in cruise joint venture
TUI shares dipped nearly 3% on Friday after the group announced an extensive restructuring plan.
- China Merchants buys into Shekou
IN A further shake-up of port operations in southern China, China Merchants Holdings (International) will pay HK$3.17bn ($406.4m) to buy the stakes of two shareholders in Shekou Container Terminals, one of the three Shenzhen box ports.
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| DECEMBER 15, 2006 |
- Herz trumps Bureau Veritas
HAMBURG 15 December – German entrepreneur Günter Herz has emerged as the winner in the takeover race for Germanischer Lloyd
- Heidmar expands pools
HEIDMAR is adding new tonnage and partners to its Dorado, Sigma and Marida pools while entering the Far East clean trade with its Star Tankers pool
- NZ operators back energy initiative
NEW Zealand's coastal operators have welcomed a new energy efficiency strategy based on making the country carbon neutral
- Shippers call for liner transparency
INDIAN shippers, who are paying service tax twice, have now called on shipping lines to make their billing transparent
- Pay dispute spreads to second ship
THE crew pay dispute involving the Norfolkline-chartered ro-ro ferry Merchant Bravery has spread to its sistership Merchant Brilliant
- US to demand much more container data
US Customs will require much more information about the contents of US-bound containers as what is called the "10+2" is rolled out next year
- Engineers face prison for dumping
- Protestors storm logistics conference
- Bumper iron ore volumes to continue
- TUI to fill premium cruise gap
- Seafarer guilty of forgery charges
- Dry Docks to open in China
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| DECEMBER 15, 2006 |
- Democrats to call for 100% box scanning
House Speaker-elect Pelosi said Democrats intend to file legislation calling for scanning of all U.S.-bound containers.
- Storm shuts Deltaport
- U.S. may hit China imports with countervailing duties
- TUI won’t sell Hapag-Lloyd
- India gets Japan investment
- Modern Terminals, China Merchants buy Shenzen terminals
- Horizon prepays $25M debt
- Maersk Line to start Europe-Caribbean service
- NYK adds 8,600-TEU ship
- Pakistan, India sign sea pact
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| DECEMBER 15, 2006 |
- Shipping sheltered by tourism, as "two-pillar strategy" affirmed by TUI
TUI has told "disappointed" shareholders that selling Hapag-Lloyd would "weaken" the Group, and is offering a medium-term strategy based on tourism, plus a sale in container-shipping’s most profitable sector: terminals.
- Disappointing prices show investors are losing hope in West Shenzhen
The relatively low prices China Merchants is paying DP World and Swire Pacific for their stakes in Shekou port hinted investors' hesitation on western Shenzhen's outlook, say analysts.
- Wan Hai denies reports on CMA CGM's takeover bid
- Indonesian customs’ priority lane cuts importer costs over 70%
- China-US Dialogue ends without immediate Yuan appreciation
- Canadian Pacific Railway plans nearly 6% boost to capital expenditure
- CSCL to cut Pacific capacity during the slack season
- Hanjin imposes weight surcharge on Asia-Mediterranean cargo
- Private company resumes Chittagong Port crane operations
- India and Pakistan sign new shipping protocol
- New South Wales government purging Sydney Ports?
- Dunkirk boxes provide flat foundation for APMT/CMA CGM terminal growth
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| DECEMBER 15, 2006 |
- Stern tube headache hits BW Gas
Read about how four LNG newbuildings for Nigeria LNG will have materials replaced in this week's issue of LNG Unlimited.
- GL puts on the Pumas
Classification society Germanischer Lloyd says it now belongs to coffee heir turned shoe tycooon Gunter Herz.
- Not so magic
US to prosecute over intentional pollution from Greek controlled suezmax.
- Saved?
Germanischer Lloyd claims to have preserved its independence after 40% of shareholders sell to white knight.
- TUI reveals Carnival tie-up
German owner of Hapag-Lloyd to found domestic cruiseship joint venture with US market leader.
- Accountants get CMA CGM off hook
Financial gains mask weaker nine-month performance at French boxship giant.
- Dos por Transatlantic
Swedish owner signs for two offshore vessels at Spanish yard with an option for another pair.
- Navibulgar still slipping
Bulgarian state shipowner reveals further fall in profit to end-October as costs rise.
- Owner rapped over bulkhead death
UK accident investigators find Bojen cargoship crewman was crushed by poorly maintained portable hold divider.
- Genco fixes three
Peter Georgiopoulos’ US listed bulker outfit finds employment for two handymaxes and a panamax.
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| DECEMBER 15, 2006 |
- NYK receives its largest containership
- Paris MOU will start enforcement of new pollution rules Jan. 1
- Horizon Lines reduces debt by $25 million
- Genco arranges time charters
- NYK strengthens safety measures
- IATA prepares rollout of first e-freight pilots
- YRC: Slowdown will lower earnings
- Greatwide wins deal with Tyson Foods
- CBP eyes fall launch of import trade data rule
- BAX names new government sales VP
- TUI to sell Montreal terminals
- APM Terminals orders shuttle carriers for Virginia terminal
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| DECEMBER 15, 2006 |
- Transatlantic defies the off-peak season and orders two offshore vessels
Despite the off-peak season Transatlantic’s offshore division operates three out of four vessels and is expecting new commissions at ...
- Westfal-Larsen reflag to NIS
Bergen-based ship owners/operators Westfal-Larsen & Co. is to place four product/chemical tankers under NIS flag. Westfal-Larsen ...
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| DECEMBER 15, 2006 |
- SECA website launched
New information portal for US work on sulphur control proposal.
- LA grabs business, Houston disrupted
West Coast prices continue downward as fog delaying Gulf Coast operations.
- PDVSA staff change
- Bunker players protest against safety rules
IBIA chairman says proposals would turn a document designed to protect seafarers “into some sort of quality assessment for the benefit of the shipowner”.
- Testing agency says distillates would 'solve a lot of problems'
But outgoing DNVPS chief doubts refiners would be able to produce enough distillate material.
- Crude oil markets firm on OPEC decision
Oil producers’ cartel approves output cut, but not until February
- Rotterdam players may welcome Argus alternative
Reports indicate that several fuel oil traders could migrate from Platts MOC to planned Argus trading windows.
- Rotterdam market firm Friday morning
- DNVPS and MPA 'should have the same interests'
The departure of the head of DNVPS had nothing to do with differences between the agency and the Singapore port authorities.
- Latest entrant brings HK physicals to eight
Supplier is chartering barges on an "order by order" basis.
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