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| JULY 24, 2006 |
Shipping News
- Banking on the Malacca Strait
PEOPLE constantly talk about how the world is getting smaller with budget airlines, mobile phones and the Internet.
- Man who chopped sailing times around the world
FERDINAND Marie de Lesseps was the man who linked Europe and the Middle East together sea-wise.
- M-E to Asia tankers rates seen steady
THE cost of shipping crude oil from the Middle East to Asia on two million-barrel tankers will probably remain near a five-month high because so few ships are now available that a decline in demand won't make much difference.
- Surcharge slapped on Colombo port
- Kuehne + Nagel H1 net seen up 61%
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| JULY 24, 2006 |
- Newbuild OOCL Europe to serve Asia-Europe trade
- CMA CGM launches Cimex to replace Super Galex
- Baltrans continues worldwide expansion
- Shantou container throughput up 21pc in first six months
- Vancouver H1 volume increases 21pc
- MOL to establish own subsidiary in Vietnam
- Dragonair's H1 cargo volume rises 4.6pc
- Mainland cargo carrier set for take-off in August
- Sydney Airport's FY2006 earnings rise 6.1pc
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| JULY 24, 2006 |
- Premiums for Lebanon-bound vessels double after Middle East flare-up
- Chinese demand drives up coal, ore shipping costs to 8-month high
- GM soyaoil imports to flow unhindered till March 31
- Scope seen for trade ties with Ecuador
- Textile exports post 18 pc growth in April-May
- BCC&I’s fifth biennial international conference on ‘Indian Ports & Shipping’ to be held from Oct. 12 to 14
- NMPT to become stakeholder in Mangalore SEZ
- 500 tonnes of urad dal arriving at Chennai Port
- Indianoil Petronas to set up Rs 300-cr. LPG project at Chennai Port
- GMB to hire private agency to ensure navigational safety at ports
- Port Pipavav attracts more main line vessels
- Rly Board sees scope for 4 more dedicated freight corridors
- CONCOR’s cold chain facility at Rai to be ready for operation in August
- Railways set to impose 20 pc premium service surcharge on more goods
- Cargoitalia begins services from Chennai, Delhi
- Specific time-frame for job works in EOUs sought
- TUFS continues
- Exim Bank to raise foreign currency loans in Europe
- Direct tax collections shoot up by 60 pc
- Foreign Trade Policy Analysis: Current Trends - By M. Sreedharan
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| JULY 24, 2006 |
- New Bifa director general
- "OOCL Europe" named at Geoje Dockyard
- Emirates signs for ten Boeing 747-8Fs
- New partners for M+R Switzerland
- SDV International Logistics opening New Zealand branch
- IMO concerned over Beirut evacuations
- 1st Commercial launches new website
- Canada to host 23rd international air cargo forum and exposition
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| JULY 23, 2006 |
- Stolt-Nielsen appeals to US Supreme Court
- Optimistic Gdansk port buys post –panamax cranes
- Five vie for Panama box port
- Oman trade deal passes Congress despite port fears
- Lehman buys shipyard
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| JULY 21, 2006 |
- Grand jury indicts OSG
- Senate panel funds Title XI
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| JULY 21, 2006 |
- Jerry Klein to retire from Marine Terminals Post
- Bob Bohlman stepping down as Puget Sound Marine Exchange boss
- Port group pleased with Senate Ok of funding bill
- Port of Vancouver, BC sees positive mid-year numbers
- Coal, grain continue to drive weekly rail freight traffic numbers
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| JULY 24, 2006 |
- ELAA's Chris Bourne joins Trinity House
CHRIS Bourne, executive director of the European Liner Affairs Association, is joining Trinity House as a non-executive director.
- Cyprus ports set for ultimate test
THE ports of Cyprus are coping with the huge influx of evacuees from war-torn Lebanon, but the true test will come this week as the port of Limassol prepares to receive regular liner calls.
- Asbestos tanker Otapan to leave Amsterdam at last
The controversial chemical tanker Otapan , berthed in the port of Amsterdam since 1999, is to begin its final journey tomorrow as the unwelcome 22,328 dwt visitor leaves for scrapping in Turkey.
- IMO launches international award to recognise the bravery of seafarers
A NEW award for exceptional bravery at sea was officially launched by the International Maritime Organization on Friday.
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| JULY 21, 2006 |
- Crown Princess probe seeks answers
PRINCESS Cruises' Crown Princess departed from Florida yesterday, with investigators looking at all possibilities for the incident in which 240 passengers were injured
- Lukoil confirms Keppel tug order
LUKoil has placed an order with Keppel Singapore for an icebreaker and an ice-class tug to support year-round tanker loadings at the new Arctic terminal of Varandey
- CMA CGM protests at uncharted rock
CMA CGM has sent a letter of protest to the port authorities of China and Taiwan after its 8,488TEU container ship CMA CGM Otello struck an uncharted object
- Trasmed faces ferry safety fine
ACCIONA Trasmediterranea is facing the prospect of a government fine for failing to provide adequate ferry services between the ports of Malaga and Melilla
- Lauritzen Cool buys Meridian
- JF Lehman confirms yard bid
- Brostrom buys sisters from Rigel
- Taiwanese assess cargo removal
- Boxship outlook still good: Teo
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| JULY 21, 2006 |
- Virginia hub to get 'niche' port
A new deepwater terminal to serve limited-schedule, heavy-lift, and breakbulk cargo is set to open near Norfolk, Va.
- ILA re-elects district officers
- Vancouver boxes up 21%
- Hub earnings improve
- Union Pacific to add Texas intermodal terminal
- Matson draws $70M from credit
- RedPrairie acquires BlueCube
- Schenker, BAX combine on aerospace services
- Jade selects Europe partners
- Werner profit gains
- Sea Containers completes ferry sale
- ILA scanner plan could slow container handling
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| JULY 21, 2006 |
- Search is on for stolen boxship
The 669TEU Cypriot-registered containership Umfolozi which collided with a dredger in Walvis Bay on 16 September last year has been ‘stolen’, the Namibian Ports Authority said this week.
- Shippers critical of Ashdod war surcharges
East Mediterranean conferences have announced a war-risk surcharge for Israel, upping costs by US$115/TEU on all cargo from today.
- Indonesian government to fight local tariff slump
- Colombo go-slow resolved, but not before affecting hub customers
- Toll begins price push for rail, road and ports
- China's Quanzhou unveils initial port plan with COSCO
- Agulhas: clearing waterlogged holds more time-consuming process
- AP Moller gets ACCC nod for Adsteam buy
- OOIL buys four 4,500TEU ships
- Guns found in China box
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| JULY 21, 2006 |
- OSG indicted
New York tanker owner named co-defendant in previously disclosed Texas waste-oil case as US appears to be turning up the heat in its wider probe of oil-water separator violations by Overseas Shipholding Group.
- Intermarine takes two more
US heavy lift operator brings to six the number of newbuildings it will take on charter from German owner Reederei Jungerhans.
- Wilson piles on the numbers
Fleet tops 100 as Bergen owner makes second purchase in a week.
- UK minimum wage deal
Seafarers get national rate but only when working on ships going nowhere after stand-by vessel agreement.
- Losses roll in for MMM
Malaysian owner racks up progressively larger deficit as year goes on.
- Til death do us part
Malaysia LNG agrees to take one 90s- and three 80s-built gas carriers from MISC until they go to the knackers yard.
- Indian yards plan closer
Shipping ministry identifies sites for two new international-class shipyards.
- Containership stolen
Hunt on for "thieves" after repaired Cypriot ship disappears from Walvis Bay.
- SCI looks for capesize double
Indian owner closing in on resale deal this year as it progresses with massive fleet renewal plan.
- Eimskip moves on Kursiu
Icelandic line snaps up another 20% in Lithuanian short-sea operator with call on remainder after 2010.
- Piraeus port-strike threat
Greek dock workers reportedly planning walk-out next week in contract row.
- CSDC does decade-long deal
Chinese tanker owner signs up for crude imports with Sinopec.
- OOCL back at Samsung
Hong Kong owner returns to the South Korean shipbuilder for a quartet of panamax boxships.
- Profits slip at Seaspan
Rising expenses plus casualty hit the bottom line at Vancouver-based containership player.
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| JULY 21, 2006 |
- War conditions halt cargo operations in Lebanon
- EMTA lines issue war risk surcharge for Israeli ports, Maersk Line closes offices
- Eimskip increases stake in Kursiu Linija to 70%
- Transport equipment manufacturers scrap merger plan
- ESPMC-WITASS conference to raise rates
- American applies to DOT for Dallas/Beijing flights
- Commercial carriers deliver supplies to troops in Iraq, Afghanistan
- Fletcher to become USTRANSCOM operations director
- Jade Cargo selects Swiss WorldCargo for Europe sales, service support
- UP's second quarter profits up 67%
- CN's net income up 75% in second quarter
- Railroads indicate readiness for peak season
- Wallenius Wilhelmsen, Subaru join up for Baltimore logistics facility
- Trade groups praise Senate approval of water resources bill
- Vancouver's first half container volume up 21%, 2 million TEUs predicted for year
- Redwood City port cargo volume second highest level
- MTC announces management changes
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| JULY 21, 2006 |
- Competition authority turns down complaint against Color Line
The Norwegian competition authority Konkurransetilsynet has turned down a complaint against Color Line from competing Fjord Line. The latter claims ...
- Green light for Fosen in Rødby
Danish authorities have given Norwegian Fosen Trafikklag right to access the Scandlines port facilities in Rødby. The company is now ...
- Still unclear cause to cruise vessel list
Inspectors from the US National Transport Safety Board and the USCG will also examine data from the Voyage Data Recorder ...
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| JULY 21, 2006 |
- Canada: Harbour Authority takes over marine fuel supply
Harbour Authority in British Columbia has reached an agreement with Esso Imperial Oil which ensures continued fuel supply.
- Primorsk could gain from refinery interest
Russian oil giant Lukoil could be planning to build a refinery at the Russian port of Primorsk.
- Powerless Yukos president abandons ship
Yukos president gives up the fight for embattled oil company as creditors meet to vote on liquidation.
- Industry awaits guidelines on borderline sulphur readings
With no known cases of Port State Control checking marine fuel sulphur content, industry still wonders what might happen if there is a borderline test result.
- Hong Kong: Bunker demand thrives on falling prices
Hong Kong enjoys recovery in demand after little activity last week.
- Quiet Friday morning in Rotterdam market
- Pakistani firm to build new refinery
Construction of oil refinery expected to be completed by 2009.
- Titan confident of improving fundamentals
Fundamentals improving despite downgraded credit ratings. Fall in 2005 earnings due to high bunker costs among others.
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