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| JUNE 20, 2006 |
Shipping News
- S'pore Polytechnic to offer maritime degree
SINGAPORE Polytechnic, which has found that some 50 per cent of its diploma holders already have or will gain a university qualification within five years of graduating, will, for the first time, offer a degree qualification in maritime operations.
- NYK Bulkship wins Italian charter deal
NYK Bulkship , a British subsidiary of Japan's Nippon Yusen Kaisha , has won a long-term charter contract with Italy's largest power supplier, Enel.
- Persian Gulf oil-tanker rates hold 16-week high on July orders
THE cost of shipping crude oil from the Middle East on two-million-barrel tankers held at its highest in more than 16 weeks as refiners moved to secure ships for loading in July.
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| JUNE 20, 2006 |
- Emirates to join MAX service in July
- Anti-trust exemption in Japan may become thing of the past
- NYK turns to IBM for new IT accounting system
- Gdynia Container Terminal opens
- Succession rumours sparked by NOL CEO's departure
- Shanghai Airlines makes maiden flight to Lion City
- AirBridge boosts service to Sakhalin Island
- New Tibet airport set for take-off
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| JUNE 20, 2006 |
- More shipping firms parking funds in rigs, drill ships & OSVs
- Dubai co. to ship iron ore from Goa to Pak
- Zim’s Asia-Gulf of Mexico service set to sail
- DP World, Tianjin Port to build $ 500-m terminal
- Maersk Line, CMA CGM poised to take advantage of growing Indonesia-Africa trade
- QC Shipping launches new wave of feeder vessels
- NOL CEO to step down
- CKYH lines to strengthen cooperation
- Maersk & Cosco to jointly operate Tianjin terminal
- Fesco orders containership
- SITC Container Lines unveils new Fujian-Kanto service
- Maersk Line to raise BAF in July
- Goldman Sachs agrees to buy AB Ports for $ 4.6 bn
- MOL & Biendong Shipping Co. launch joint box service linking Vietnam & Singapore
- Samsung Heavy gets $ 1.5-bn order for 14 ships
- MOL renames liner info units
- PSA volumes up by 31 pc
- Ningbo Port aspires for top slot
- Pharma exporters in for new deal
- India overtakes China in exports to Dubai
- GAPL attracting overseas investors
- Move for 2nd shipping registry working out of SEZ
- Links between China’s Pan-PRD, Asean nations set to improve
- More room for PPP in railway sector, stresses Lalu
- Infrastructure facilities at Petrapole LCS to be improved
- Forex reserves dip by $ 1,652 million to $ 1,62,876 million
- Reliance plans to draw third party investment of Rs 1 lakh crore in Haryana SEZ
- Exporters to sound PMO, Commerce Ministry against pruning sops under Target Plus
- Duty cut on petrol, diesel notified
- Govt now fancies special manufacturing Regions!
- GI Registry to cover all geographic items
- Kamal Nath to inaugurate India Business Forum in New York
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| JUNE 19, 2006 |
- ICTSI names key officers for global projects
- Cobelfret increasing its share in Simon Group
- MSC ready to order more 9,600 teu vessels
- Vienna airport posts positive trend in May
- Van Uden Container Barging acquires CEM Antwerp
- Euro Cargo Rail to operate in Germany and Belgium
- European Car Transport Group membership tops 70
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| JUNE 19, 2006 |
- Copper surcharge on paint
- GL’s Scandinavia meeting dominated by ice
- Costamare and Cosco win co-operation award
- Bocimar juggles fleet
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| JUNE 19, 2006 |
- Bush to keynote Kings Point commencement
- Surcharge on some antifoulings
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| JUNE 19, 2006 |
- Port of Portland sells land to Chin's Import Export Co.
- OSG set to time charter two new tank vessels
- Brookstone, Starbucks expanding at Portland International airport
- Port of Everett buying gear with noise reducing 'smart alarms'
- Singapore Airlines buying 20 boeing 787-9 aircraft
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| JUNE 20, 2006 |
- Li Ka-Shing poised to make play for ABP
LI KA-SHING, one of Asia’s richest men, is set to bid for Associated British Ports, already the target of a £2.5bn-plus ($4.6bn) takeover tussle between two multinational investment consortia.
- Three-way battle sees share peak
EVEN before the mighty Li Ka-shing was linked with ABP, speculation about the future ownership of the group was reaching fever pitch, writes Tony Gray.
- Eni and Fenosa take second Damietta train
EGYPT’S growing stature in the liquefied natural gas market has been underlined by the decision of Italy’s Eni and Spain’s Union Fenosa to proceed with a second production train at Damietta, writes Tony Gray.
- Defiant Erdogan refuses to lift Cyprus ports embargo
TURKEY has upped the stakes in its standoff with the European Commission over access to ports by refusing to lift the long-standing blockade of Cypriot shipping interests.
- High Court throws out fraud and negligence claim against Petrobras
A FRAUD and negligence claim for $220m against Brazilian energy company Petrobras has been rejected by the High Court, writes James Brewer.
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| JUNE 19, 2006 |
- One missing after blast on tanker
ONE seafarer is missing after the Frontline Suezmax tanker Front Sunda suffered an explosion today in one of its tanks
- Colombo port faces Tigers threat
SRI Lankan authorities have tightened security at the island's ports after the detection of Tamil Tiger rebel frogmen and a boat with mines and explosives north of Colombo port
- Bush addresses merchant mariners
GEORGE Bush became the first sitting US president to give the commencement address this morning at the US Merchant Marine Academy
- El Salam manager Orabi handed over
MAMDOUH Orabi, one of the managers of El Salam Maritime Transport – owner of the Al Salam Boccaccio 98, was handed over to Egyptian authorities on Friday
- Setsuyo Star repair work under way
SALVORS are making good progress with repairs to the damaged ore carrier Setsuyo Star, which arrived off Cape Town on 11 June with loose shell plating
- Queen honours Stelmar founder
STELIOS Haji-Iannou, 39, has received a knighthood during the celebrations of the 80th birthday of Queen Elizabeth II
- Canada to tighten up on pollution
- Lerenius leads ABP buyout talks
- Unchecked Alfaship heads for China
- Russia protects Gazprom monopoly
- NYK signs Italian coal deal
- Emirates acquires slots from OOCL
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| JUNE 19, 2006 |
- East Coast capacity strained by growth
U.S. East Coast ports will have to add 1.5 million TEUs of capacity annually to handle rising container trade volume, says carrier executive.
- Bush addresses Merchant Marine grads
- Logistics costs soared in '05
- WTO sides with U.S in EU customs law complaint
- U.S. Lines opens Australia link
- TT Club warns on inadequate insurance for logistics contracts
- EU takes ‘green’ ocean policy to U.S.
- Changes for NYK North American management
- Canada toughens marine anti-pollution rules
- Emirates takes MAX slots
- Union Pacific volume up
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| JUNE 19, 2006 |
- Gdynia to face Gdansk threat with port reorganisation
Yesterday’s official opening of the Gdynia Container Terminal is just one step in Gdynia Port’s re-orientation for the coming years, notably against the threat of new container capacity at Gdansk.
- Higher rates for Asia-ANZ trades starting July
July 1 is shaping up as a dark day for shippers in Australia and New Zealand with four different conferences and discussion agreements raising southbound rates.
- Cheung Kong Infrastructure mute on ABP bid talks
- Diversification key to expansion says SCI
- Australian Customs extends free container storage
- Indians head for African rail adventure
- Gdynia to get mobile X-ray unit
- Inchon to add a multi-purpose berth
- Gdynia welcomes the HPH 'anchor'
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| JUNE 19, 2006 |
- Frontline suezmax explodes
One crew member is missing after a cargo tank exploded and forced the master to abandon a crude carrier in ballast.
- Quintana wins fixtures
Stamatis Molaris-led Quintana Maritime has announced two period time charters for vessels in its existing fleet.
- Exmar in big Iran deal
Nicholas Saverys reckons he may spend as much as $2.4bn on an ambitious LNG newbuilding project.
- Still unloading
Nearly $15m worth of OSG stock was sold last Thursday as members of the Recanati family continue to cut their holding.
- No new MarAd boss
US president Bush addressed today’s Merchant Marine Academy grads but named no new head for the agency that runs the school.
- StealthGas grabs another
Petredec again profits from fleet expansion of US-listed LPG outfit StealthGas.
- Turks bump Newfies
Canadian officials are investigating a Turkish bulker after a collision with one fishing boat and a near-miss with another.
- Shipping lawyer feared dead
Search suspended for disbarred shipping lawyer Jacek Bielecki and three others off east coast of Canada.
- Barbaro becomes Russian
Italian tanker owner Pietro Barbaro has become a Russian flag player with the purchase of a small brown-water shipowner.
- Arise Sir Stelios!
Greek entrepreneur knighted in Queen’s 80th Birthday Honours list.
- Odfjell tanker held
"Bow Mariner" company in new safety scare as ship held after vapour release.
- OSG takes more Cido MRs
Overseas Shipholding Group confirms it is chartering two more 47,000-dwt ships from the Korean owner.
- Huge suezmax order
Frontline and Drytank reportedly among owners ordering up to 12 suezmaxes at Chinese yard.
- NYK seals Enel charters
Japanese owner orders pair of 90,000-dwt post-panamax bulkers to meet Italian charter commitments.
- Failure to launch
Vietnam’s fledgling shipbuilding industry suffers another mishap as tweendecker fails to launch.
- Thai gets six months
Sailor jailed over stabbing of two crewmates in Australia last week, but blast threat dismissed.
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| JUNE 19, 2006 |
- Japanese regulators to propose withdrawing carrier antitrust exemption
- INTTRA standardizes legal requirement on electronic bills of lading
- MarAd prepares four more Reserve Fleet ships for scrapyards
- Airbus confirms A380 delays
- AirBridge increases capacity to energy-rich Sakhalin Island
- Lawmakers press DOT to maintain intermodal focus
- ATA opposes California diesel emissions bill
- Saudi Arabia to pick contractor for landbridge project
- ABF completes Clipper sale
- Motorola hires JP Morgan Vastera to manage import trade operation
- WTO panel finds EC customs operations "complicated"
- USTR calls first round of Malaysia free trade talks "productive"
- Bush appoints new ITC chairman, vice chairman
- U-Freight relocates Boston hub
- Washington's Vancouver port prepares for large wind turbine project
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| JUNE 19, 2006 |
- Canada to accede to Annex VI with new controls
Transport Canada releasing amendments to local laws to allow full MARPOL compliance.
- BP in 'green flag' ceremony
Port publicly acknowledging environmental efforts and new low-emissions tankers.
- Five bunker players awarded US defence contracts
Contracts worth more than $36 million awarded to US bunkering companies.
- New bunker terminal for Mamonal, Cartagena
A joint venture bunker operation continues its expansion with the opening of a new terminal.
- Indian offshore bunkering hopes face obstacle course
Loss of tax revenue causing state-opposition to offshore supply plans that also require multiple authority consents.
- Rotterdam comes down with soft crude
- Japan: Avails hold up despite refinery maintenance
Bunker prices up from last Friday, refinery maintenance period expected to last until mid-July.
- High density fuels spotted in Singapore
Three bunker fuel samples were tested off-spec last week with density values exceeding the maximum value of 991.0 kg/m³.
- Hong Kong Shipowners Association advocates global 1% sulphur limit
The association calls for the scrapping of SECAs as part of a review of MARPOL Annex VI convention.
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