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| SEPTEMBER 19, 2006 |
Shipping News
- China exports boost HK port trade
HUTCHISON Whampoa, PSA International and other operators at Hong Kong's port handled more containers for the seventh straight month in August, boosted by China's record exports.
- Support for canal expansion grows in Panama
PANAMANIAN President Martin Torrijos said on Saturday he is confident a proposed US$5.3 billion expansion of the Panama Canal will be approved in an upcoming referendum.
- Indon shipping companies to expand fleet
INDONESIAN shipping companies plan to buy as many as 15 vessels, each valued at US$27 million, to meet an expected rise in demand to transport coal in 2009, the Indonesian National Shipowners Association said.
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| SEPTEMBER 19, 2006 |
- Singapore maintains box volume lead over HK through August
- Cosco leads bidding for Greek multi-port deal
- Schenker, Bax to showcase integrated strengths at Shanghai trade fair
- OOCL Europe makes maiden call at Hamburg
- US Senate overwhelmingly approves port security bill
- CCI Logistics to set up hub in Thailand
- Taicang port sees trade with Taiwan rise 50pc from Jan-July
- Korean Air offers Seoul-Vienna service
- Thai Airways ground handling secures more airlines at new airport
- HAECO leads Xiamen landing gear joint venture
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| SEPTEMBER 19, 2006 |
- ZIM starts 4th service to US
- Coscon to begin Thailand-Singapore service
- USL to make US-Australia & NZ service weekly
- Hutchison to build, operate Ecuador terminal
- MOL reworks Americas services
- HUBline to set sail with faster, bigger vessels in east Malaysia service
- Kalmar’s STS cranes win more customers
- NANZDA carriers to raise rates in October
- Export surge, low carryover stocks triggering cotton price fever
- Egyptians, Iranians acquire taste for chai
- Dubai Flower Centre blooms for Indian exporters too
- Move to slap 4 pc CVD on CG, project imports
- Secondary ports are India’s answer, feels ESL’s CEO
- Cochin Port attracts 1st main line vessel
- Gold prices fall on profit booking
- MoF seeks pre-Budget inputs from industry
- Move to treat STPIs on par with SEZs
- SEZs right formula for economic success-Kamal Nath
- Wockhardt to set up Rs 700-cr. pharma SEZ in Aurangabad
- Mohapatra invites dock leaders for talks
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| SEPTEMBER 18, 2006 |
- Peters nominated as new DOT secretary
- PD Ports confirms acquisition of container terminal
- China biggest cargo market for Air France KLM
- MAN offers USD 12 billion for Scania
- Kuehne + Nagel expanding Ukraine activities
- Fiata World Congress starting today in Shanghai
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| SEPTEMBER 18, 2006 |
- Ports welcome new legislation
- William Kime dies
- Stranded bulker’s cargo to be unloaded
- Endless dispute…ends
- "Ports hinder India growth", APL
- LPG carrier aground at Ratnagiri
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| SEPTEMBER 18, 2006 |
- American Commercial to sell Venezuelan operations
- Teekay makes mandatory offer for Petrojarl
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| SEPTEMBER 18, 2006 |
- Port of Bremerton nets funds for business park project
- FRA safety review finds train accidents down
- Washington State Ferries ready to try new ticket system
- Western lumber production continues string of record years
- AAPA taps Capt. Allen Domaas as chair of board of directors
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| SEPTEMBER 19, 2006 |
- Alarm bells ring as shippers ‘flout danger rules for seaborne boxes’
SHIPPERS are flouting the dangerous cargo rules for seaborne containers on an alarming scale, international surveys have revealed.
- Landmark deal for Malacca Strait safety
SINGAPORE, Malaysia and Indonesia are set to clinch a breakthrough deal for international co-operation and funding for safety of navigation in the Malacca Strait at an International Maritime Organization conference this week.
- Greek group signs $400m tanker deal with China
GREECE’S Callimanopulos Group has confirmed it has inked contracts with New Times Shipbuilding of Jingjiang City for building three suezmaxes and three coated aframaxes.
- Cleave quits Dobson Fleet Management
NIGEL Cleave has unexpectedly stepped down as managing director of Dobson Fleet Management to pursue fresh interests, according to a statement from the Cyprus-based company.
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| SEPTEMBER 18, 2006 |
- London launch for mediation service
LONDON 18 September – An international conciliation and mediation service for settling maritime disputes is to be launched at an inaugural dinner in London on 13 October
- Passenger drowns in River Plate
A passenger drowned on Friday when he jumped into the River Plate from a ferry running between Buenos Aires and Colonia
- V Ships walks away from ferry bid
V.Ships has pulled out of bidding for a ferry link across the River Clyde west of Glasgow, saying it is not comfortable with the way the tender process is being handled
- Salvage of Everglades bulker begins
SALVAGE efforts to free the bulker Clipper Lasco from an environmentally critical reef off Port Everglades began yesterday and the USCG hopes to have the ship freed today
- Mauritius Shipping wants to grow
MAURITIUS Shipping Corp says it is to expand from the current single passenger vessel and one mixed passenger/freight vessel into tanker and feeder trades
- Bulk crew receives second blow
THE 29 Egyptian seafarers aboard the bulker Edco were preparing to depart for home last week following settlement of an arrest when they received news of a second arrest
- Australian, Korean pilots co-operate
- Cosco wants foothold in Greece
- Teekay bids for Petrojarl
- Gas carrier aground off WC India
- Moby strengthens Sardinia presence
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| SEPTEMBER 18, 2006 |
- LA-Long Beach boxes climb 16%
August import TEUs from Asia through busiest U.S. gateway began to build rapidly toward the October peak.
- Basham pledges more front-line Customs officers
- California drafting strategic plan for goods movement
- APL revenues slide despite higher container volumes
- Dutch box project to get nod
- Project to improve rail access for Portland intermodal
- Chennai truck strike ends
- Toyota predicts Portland records
- Salvage begins on stuck bulker
- Cochin sees box mark
- Former JoC editor Riches dies
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| SEPTEMBER 18, 2006 |
- China adjusts export tax rebate rates to lower trade surplus
China has slashed export tax rebate rates on certain raw materials and low-value-added goods, while raising rebates for high-value-added exports, in an attempt to restructure the country's trading patterns.
- More consolidation on Australia-Asia trade
A second consolidation amongst carriers serving Australia-North and East Asia routes is imminent, with COSCON, APL, Gold Star Line and PIL about to announce their joining forces.
- China draws up blueprint to draw in shipbuilding design resources
- Railway chief endorses Halifax as Asian trade gateway
- NYK Logistics acquire road forwarder in bid to serve regional exporters
- Portland awards construction contract in box-rail capacity upgrade
- Constantza bypass backers move on with project recruitment
- WTO: Bangladesh outlook depends on development in world garment sector
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| SEPTEMBER 18, 2006 |
- Eimskip completes Kursiu takeover
Icelandic boxship line takes ownership of Lithuanian short-sea operator to 100%.
- LPG vessel grounds off India
Rough weather conditions force ship onto sand off Ratnagiri with 9,000 tonnes of cargo onboard.
- Greatship lines up Labroy order
Great Eastern’s offshore shipping unit signs for anchor-handling quartet in Singapore.
- Petron denies overloading
Charterer says Solar 1 tanker was carrying less than full cargo when it sank off Philippines.
- Crewman dies as ferry capsizes
Four other crew rescued after vessel under tow off Japan breaks rope in typhoon.
- Moby swallows rival
Vincenzo Onorato's Italian ferry company to take over ro-pax player Lloyd Sardegna.
- Lines create new Asia-Oz route
Four shipping lines team up to establish new weekly route between China, Korea, Australia and the Philippines.
- Fund fancies ferries
European buy-out giant BC Partners reportedly eyeing stakes in Greece's Minoan Lines and Attica Holdings.
- Petrojarl put outs welcome mat
Norwegian FPSO owner backs takeover bid by partner Teekay, which would be "a very positive owner" of the company.
- Bocimar, Jinhui take Geden bulkers
Two supramaxes on order in China from Turkey’s Geden Lines go to Bocimar and Jinhui Shipping for $33.3m a piece.
- RCL Asia bound
The Rhapsody of the Seas to sail from Singapore, Hong Kong and Shanghai from late 2007.
- Female touch for IUMI
Marine underwriters to choose Deirdre Littlefield as first woman president.
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| SEPTEMBER 18, 2006 |
- Vietnamese company plans box services to U.S., Europe
- Swee Joo looks to expand services
- INTTRA opens Dubai office
- Canada's airports want "unilateral" open skies for cargo flights
- China Cargo receives 747 freighter
- OOIDA lauds CDL amendment in port security bill
- WTO panel requested for China's treatment of auto part imports
- Wal-Mart: RFID roll-out on schedule
- Canada hammers lumber firms failing to meet softwood agreement
- Mexico drops antidumping duties on U.S. rice imports
- Kuehne + Nagel expands operations in Ukraine
- APL wins contract from Waterford Wedgwood
- Peeters named CEO of Eurinpro
- Shippers' Voice joins European Shippers' Council
- Ozburn-Hessey picks exec to run new units
- Wind turbine manufacturer signs contract at Vancouver, USA
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| SEPTEMBER 18, 2006 |
- Utkilen orders chemcarriers in China
Anders Utkilens Rederi in Bergen orders two 18,500 DWT, ice-strengthened, stainless steel chemical tankers at the Qingshan yard for ...
- Teekay makes mandatory offer for Petrojarl
Teekay Shipping Corporation, through its wholly owned subsidiary TPO Investments AS is making a mandatory offer for the remaining share ...
- Royal Arctic Line with better half year figures
Royal Arctic Line A/S had a much better first half of 2006 than the same period in 2005. In ...
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| SEPTEMBER 18, 2006 |
- High cat fine notice irks suppliers
Warning from testing lab raising broader issue of appropriate advice to buyers.
- Fuel leak from grounded ship 'unlikely'
Coast Guard deploying precautionary booms ahead of re-floating plans.
- Durban refinery restart delayed further
One bunker supplier had to declare force majeure on fuel oil deliveries last week.
- Salalah: STS services at anchorage resume
- Industry report warns of escalating LSFO cost
European refineries will have little incentive to meet future shipping demand for LSFO.
- IPO to value Chemoil at up to $1.2 billion
Higher end of indicative price range for listing in Singapore could raise $374 million for Chemoil's expansion plans.
- Quiet start to week in ARA trade market
- Oil slick likely to be bunker fuel
Another oil spill separate from the Guimaras disaster spotted near southern Luzon.
- Singapore prices continue soft tread
Mixed levels of spot bunker demand heard, bunker prices continue to fall.
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