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| NOVEMBER 22, 2006 |
Shipping News
- Shippers, lines offer feedback on exemption for conferences
THE debate over what, if anything, should replace the block anti-trust exemption for liner shipping conferences continues, with stakeholders submitting their comments on a European Commission paper which expressed concern over continuing anti-competitive proposals.
- Support for cleaner shipping fuel gains ground
A move to make the entire world merchant fleet switch from residual to the much more expensive distillate fuel made considerable headway at a recent meeting in Oslo of a working group on air pollution of the International Maritime Organisation .
- Mitsui to retrain seamen and rework ships to improve safety
MITSUI OSK Lines Ltd, Japan's second-largest shipping line, said it will retrain 6,000 seamen, revise operating manuals and reinforce old vessels to improve safety after four accidents this year.
- Barge with oil waste sinks in Philippines
- Japanese submarine collides with tanker
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| NOVEMBER 22, 2006 |
- HPH signs 30-year contract to build, operate new terminal in Ecuador
- Ship Finance Forum to be held in Shanghai in December
- Ports of Auckland fears new stadium will hinder operations
- Malaysian shipyards must re-tool to profit from growth: analyst
- Taipanco aims to increase revenue with side-loader fleet
- Savannah hits highest monthly box record in October
- Dragonair to fly to Busan January 19
- Korean Air ranked No 1 in cargo among 250 airlines
- DHL establishes new hub in Thailand
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| NOVEMBER 22, 2006 |
- Asiaan Tiger Lines Pte Ltd commences services to Indian Subcontinent
- Shipping industry on vessel-buying spree
- Imports of auto parts from China cross Rs 1,000 cr.
- Beijing wants India to dismantle security barriers for investments
- Vizag Port set to remain numero uno in 2006-07 too
- After Planners, even MoF wants MoS to review tariff structure for Major Ports
- Gandhidham Chamber asks Civil Aviation Ministry to upgrade Kandla Aerodrome
- Domestic carriers may be allowed to fly abroad next year
- CONCOR Q2 operational income notches fastest growth in a decade
- Pvt. operators still see scope for improvement in MCA guidelines
- Assocham sees Sino-Indian trade dominating global scene within 2 decades
- Coir products given excise duty exemption
- Ficci seeks simplification & reduction of tax rates
- Rubber exporters told to return duty drawback
- Ministry denies move to ban corn exports
- AIAI to hold meeting with Polish team today
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| NOVEMBER 21, 2006 |
- Schneider Logistics selects new vice-president European operations
- CSAV Norasia to end joint RTW loop
- More KLM flights to Moscow
- Bertschi to build terminal in Rotterdam
- Targus renews and expands logistics contract with Schenker
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| NOVEMBER 21, 2006 |
- Distillate fuel option gathers momentum
- BV/GL alliance "would survive downturn"
- AET in sale and lease-back deals
- Hapag-Lloyd in new GL deal Germanischer Lloyd
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| NOVEMBER 21, 2006 |
- Furor over RO/RO shipment of nuclear fuel
- Dual fuel demo in Augsburg
- Bollinger to speak on post-hurricane recovery
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| NOVEMBER 22, 2006 |
- Adapt or perish, box lines told
"ADAPT or die" is the blunt message to container lines from their customers as both sides prepare for the end of the conference system and a deregulated marketplace.
- Lines blasted for error strewn paper chase
HALF of all problems in the supply chain are caused by incorrect documentation and bills of lading, a major shipper told the European Shippers Council's annual forum in Amsterdam.
- Ladyman to probe crew certification
BRITAIN is to set up an industry-wide working party to examine the issue of Certificates of Equivalent Competency, the official endorsements that allow holders of foreign licences to sail British ships.
- Key US LNG plan wins federal support
FEDERAL energy officials in the US have said the proposed Broadwater liquefied natural gas terminal in the middle of Long Island Sound would have little impact on the environment, handing a victory to the project's promoters, Trans- Canada and Shell.
- Mandelson warns on EU power supplies
The world cannot afford to see energy used as a "geopolitical bargaining chip", European Union Trade Commissioner Peter Mandelson said yesterday, calling for firm world trade rules to guarantee Europe's supplies.
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| NOVEMBER 21, 2006 |
- Changes ahead for Brittany Ferries
ROSCOFF 21 November ' The management of French ferry operator Brittany Ferries is preparing for major changes as a result of the retirement of the company's founder and chairman Alexis Gourvennec, who is reported to be seriously ill
- Schat-Harding extends to Iberia
SCHAT-Harding, the lifeboats and davit supplier, has extended its wholly-owned service network with the purchase of Cadiz-based Equipos Aquanor
- Quarter to forget for DryShips
DRYSHIPS, the Greek bulk carrier specialist, suffered heavy losses in its third quarter, as previously disclosed FFA charges were compounded by additional negatives
- Morocco seeks $32M for dredger Drapor
MOROCCO'S government is looking for a minimum bid of euro25.4M ($32.54M) for state-owned dredging company Drapor
- Margin squeeze eats into HSH profits
LOWER interest margins have taken a toll on profits at shipping bank HSH Nordbank, notwithstanding strong demand for shipping loans
- Agency suspected of human-trafficking
GERMAN police have searched the offices of a ship and crewing agent in Bremen on suspicion of human-trafficking under cover of crew changes
- Nautilus warns EU on seafaring skills
- Japanese sub hits chemical tanker
- NYK raises presence in Vietnam
- AET secures sale and lease back deal
- Hope fades for missing seafarer
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| NOVEMBER 21, 2006 |
- LA-Long Beach approves clean-air plan
Largest U.S. container complex approves $2-billion plan to cut ship and truck emissions by up to 52 percent over the next five years.
- Report: CMA CGM thwarted in bid for Dubai's U.S. assets
- Buy of Forth Ports eyed
- ACL adds Libya ro-ro calls
- CN trimming fuel charge
- India, China to boost trade
- CP Railway net to rise
- Chinese to invest in India FTZ
- Netherlands sells TNT stake
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| NOVEMBER 21, 2006 |
- Yangshan delays transpacific lane transfer from Waigaoqiao
Shanghai International Port Group is delaying the shift of some transpacific services from Waigaoquio to Yangshan until next year, over fears of losing more cargo to Ningbo, according to sources.
- Interview: Samskip's Icelandic routes form basis for Dane Michael Hassing's expansion plans
- Economy stimulates volume at Durban terminal but crane productivity remains low
- Three new intra-Asia loops to start in December
- Port Synergy and MSC put pen to paper in Fos 2XL deal
- Concor inks pact with Seaways for Punjab-Bangladesh link
- Busan dockworkers vote for port labour supply reform
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| NOVEMBER 21, 2006 |
- Ecuadorian reefer madness
Two reefers are said to have been occupied in a labour action related to the Ecuadorian presidential elections.
- Polemis suffers setback
Greek shipowning family lose in latest pre-trial battle over huge Russian bond losses.
- Japan Club goes for 10%
Rising P&I claims force frugal Tokyo based insurer to break tradition of restraint.
- Crowley raises net
Crowley Maritime Corp is reporting quarterly net income up by over a third from last year.
- Canada holds tanker duo
Novoship and Capital Shipmanagement vessels form short detention list for October.
- NEPIA opts for 7.5%
Expanding Newcastle based P&I club sets general increase in line with market expectations.
- Euroseas earns less
Greek bulker and boxship owner hit by weaker markets in first nine months, but better things expected.
- Sub strikes Daiichi tanker
Vessel and crew unharmed after collision with Japanese military submarine in the Pacific Ocean.
- Two more for Hoegh
Norwegian carcarrier outfit signs order for another pair of PCTCs at South Korea's Daewoo Shipbuilding.
- Farstad wins longer deal
Norwegian owner charters supply ship to Norsk Hydro for another three years.
- MBC sells newbuild
Malaysian owner will rake in $12m on disposal of Chinese product tanker as profits improve.
- Seven dwarfs for CSCL
Boxship giant buys seven 210-teu units which it has had on charter for years from subsidiary.
- BC crew accused of negligence
Former Queen of the North captain suggests gross dereliction of duty as reason for fatal sinking off Canada in March.
- Indonesia wants new ships
Yards could be busy as government prepares order for 48 small newbuildings to serve remote islands.
- Better for Blue Star
Greek ferry owner boosts efficiency and reaps nine-month profit benefit.
- Bob's option bonanza
Carnival Cruise Lines chief executive Robert Dickinson in the money after selling stock options.
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| NOVEMBER 21, 2006 |
- Saade: Diving rates media's fault; post-conference era to be chaotic
- Asian shippers' councils keep liner antitrust immunity in sights
- ACL/Grimaldi adding Libyan ports to Med service
- Car racks now available for 45-foot boxes
- Schumacher and Marlog merge, change name
- Tough environment ahead for air freight industry
- Korean Air adds freighter capacity
- Bomb threat on cargo plane at Italy airport
- IANA selects new leadership
- Advance trade data rule on tap for early 2007
- Industry groups blast USDA's inspections, fees at U.S./Canadian border
- Menner joins Transplace
- Senators request $400 million for port security grants
- Southern California ports approve clean air plan
- Georgia ports report record growth
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| NOVEMBER 21, 2006 |
- Lauritzen Kosan names the first two from Korea
Lauritzen Kosan A/S named the first two of the eight ethylene carriers presently under construction at the IHP Shipyard ...
- Fredericia shipyard logs another fine year
Fredericia Skibsv'rft had another nice fiscal year 2005/06. The profit for the year ended on DKK 38 million, or ...
- Greenland cruise vessel sold to US owner
Arctic Umiaq Line of Nuuk has sold its passenger/cruise vessel Sarpik Ittuk to the Bahamas-registered Nova Cruising Ltd ...
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| NOVEMBER 21, 2006 |
- Fuel oil cargo trade grows
Volumes increasing this year and next, expert saying.
- Clean ships conference announced
San Diego to host industry gathering as port pollution controls gaining momentum.
- 'Landmark' ship emissions controls approved in California
Port authorities giving green light to strict new air quality measures for ships.
- WW struggles to meet self-imposed sulphur target
Commitment to environmental policy made difficult by lack of good quality LSFO globally.
- Switch to higher quality lubricant base oil formulations anticipated
Shrinking capacity for Group I base oils could see marine lubricant producers switch more expensive formulations in the next five to ten years.
- Analyst predicts strong crude price rebound
Recent oil price weakness was temporary says oil analyst at investment bank.
- CGES forecasts sees oil below $50
CGES predicts sharp oil price drop in first half of 2007 on OPEC failure to act on announced cuts.
- Traders promoted at Dan-Bunkering
- ARA market extremely quiet
- Oil market slightly oversupplied, UAE says
It remains unclear whether OPEC will cut output when it meets in December.
- Appalling air quality good reason to abandon fuel oil bunkers
The Hong Kong Shipowners Association wants SECAs to be scrapped and calls for ships to burn distillates.
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