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03 August 2020 The on-line newspaper devoted to the world of transports 16:47 GMT+2

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The Business Timesweb site
MAY 25, 2006
Shipping News
  • S'pore marine industry makes a big splash
    SINGAPORE'S marine industry turned in a stellar performance last year with a record-breaking 40 per cent increase in turnover to $7.4 billion, driven largely by the oil and gas exploration boom which swelled order books in the offshore sector.
Port Shots
  • Port Shots
    SHARES of Tianjin Port Development Holdings Ltd, an operator at China's fifth-largest container harbour, jumped 26 per cent in their Hong Kong trading debut as the nation's growing trade boosts cargo shipments.

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Sched Netweb site
MAY 25, 2006
  • Emirates Shipping to launch Asia-US Gulf service
  • Israel-China BAF to be adjusted higher
  • Integration of CP Ships cuts into TUI Q1 2006 earnings
  • Shiqi terminal at Luoyuan Port starts handling boxes
  • Xinjiang's 2006 rail freight volumes expected to rise
  • MISC unit makes halal moves
  • Savannah sees 12.7pc volume growth in April
  • Perrigault, APM Terminals to operate terminal at Le Havre in 2007
  • Atlas in the red for Q1
  • Air China to join Star Alliance
  • Customs services extended at Hangzhou Airport

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Exim Indiaweb site
MAY 25, 2006
  • Allcargo Global Logistics to enter capital market on June 1
  • Tanker rates may fall on vessel availability in June
  • Emirates Shipping Line to launch AGX service on June 21
  • Vini Container Lines to open own office in Jaipur today
  • MoS sees sea trade future in Pacific Rim region
  • Seafood exporters' team off to tap Italian market
  • GMB move to develop Khambhat port in Anand district of Gujarat
  • Liquid cargo, coal, imports & coastal shipments may help Paradip Port achieve 2006-07 handling target
  • Rlys may need to import 40,000 wheels soon
  • FinMin Advisor invites apex chambers' inputs on goods & services tax
  • Scrap CST, draw up roadmap for GST, Ficci urges govt
  • Ministry studying case for taking 11 handloom products out of reserved list
  • States allowed to implement road projects similar to the NHAI PPP model
  • Goods & services tax roadmap likely by 2010-Minister
  • Kulkarni urges MoS to form bipartite wage negotiating panel for port & dock workers urgently
  • Gujarat to get 4 textile parks
  • Sector-specific SEZ area needs remain to be resolved at deferred EGoM meet

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Maritime Global Netweb site
MAY 24, 2006
  • New Asia-US service
  • ICTSI's Okinawa
  • Baltic buy-back complete
  • Eimskip buys half of Kursiu Linija
  • Camillo Eitzen set to orders four more chemical tankers
  • KR's record figures
  • Goldman Sachs consortium raises bid for ABPH

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Marine Logweb site
MAY 24, 2006
  • New job for Jamian
  • Labroy books AHTS orders

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World Wide Shipperweb site
MAY 24, 2006
  • Mediterranean Shipping Co. plans move to Port of Seattle
  • Port of Tacoma taps Jenkins as environmental programs head
  • Reunion committee searching for survivors of ANDREA DORIA sinking
  • EPA fines Kalama firm for release of ammonia
  • Insurance club offers booklet on preparing for storm season

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Lloyd's Listweb site
MAY 25, 2006
  • OSG sizing up US flag operations spin off
    OVERSEAS Shipholding Group is considering alternative structures for its US flag business to achieve higher premiums than it now earns, the company has said.
  • Eurofin targets $100m tanker war chest
    A NEW ship investment fund targeting the niche but lucrative vegetable oil trades has been launched by Eurofin.
  • International warrant for Al Salam owner
    EGYPT is seeking the extradition from Britain of the owner of the ferry that sank in the Red Sea in February with the loss of 1,400 lives.
  • Ambitious Camillo Eitzen adds Korean newbuilding quartet
    OSLO'S rising shipping star, Camillo Eitzen, has booked another round of newbuildings ' this time a $100m order for four chemical carriers from South Korea.
  • Woodside adds to growing LNG carrier order book
    WOODSIDE Petroleum has signed a deal with South Korean shipbuilder Samsung Heavy Industries giving the Australian energy group options on the construction of up to four liquefied natural gas carriers, writes Tony Gray.

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Fairplayweb site
MAY 24, 2006
  • Spanish yard takeovers confirmed
    FACTORIAS Vulcano, the shipbuilder in Vigo, Spain, has been confirmed as the successful bidder for Gijon shipyard
  • Pakistan suspends union leaders
    PAKISTAN'S Shipping Master has suspended Continued Discharge Certificates of six key office bearers of the All Pakistan Seamen Workers' Union for three years
  • Port quake risk to be assessed
    A NEW five-year project led by the Georgia Institute of Technology will devise strategies to counter the serious risk to US ports posed by earthquakes
  • CVRD secures 19% ore price hike
    BRAZILIAN ore giant CVRD has secured a 19% hike in the cost of ore supplies with steel customers Arcelor and Mittal Steel; the Chinese are expected to resist
  • Novoship statements unclear
  • Have your say!
  • Nakilat posts early profits
  • Caribbean must prepare for the worst
  • Big may not be best for the Caribbean
  • Imarex grows, but revenue falls
  • Tianjin soars on HK debut
  • Migrant Watch: US Gulf/Caribbean
  • SembCorp Marine raises Cosco stake
  • Singapore combines fly with cruise

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The Journal of Commerceweb site
MAY 24, 2006
  • Liner survey hits late vessel calls
    More than 43% of vessels in scheduled liner services arrive late, according to new survey by Drewry Shipping Consultants.
  • Public-private deals no panacea, House panel told
  • Marad releases domestic competition report
  • EU offers import tariff cuts
  • Export ABCs: Revision of UCP
  • World Shipping Council backs Panama Canal expansion
  • Longshore local wants to re-open ILA contract
  • Growth seen for supply chain planning market: Study
  • CMA CGM in long-term deal with Virginia ports
  • Tianjin port IPO raises HK$1.08B

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Containerisation Internationalweb site
MAY 24, 2006
  • Indonesia demands certification for vessels under Indonesian FoC
    All foreign vessels under Indonesia's Flag of Convenience must be certified by the country's classification bureau (BKI), following a Regulation which is now entering force, a BKI executive has announced.
  • Larger sectors remain the engine of charter market momentum
  • New Zeebrugge-Duisburg train re-connects Antwerp with Duisburg
  • New Korean contract for the Port of Koper
  • Austral Asia Line heads west
  • SCI floats tenders for boxship construction
  • Sao Francisco do Sul opens dry port, to alleviate congestion
  • Dongnama appoints new boss

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TradeWindsweb site
MAY 24, 2006
  • Genco takes a trim
    Peter Georgiopoulos' dry bulk company extends five handies with Lauritzen, but at 22% discount from charter level at last year's IPO pricing.
  • ABS mourns tragic loss
    The chief financial officer of the American Bureau of Shipping has died in a tragic collision following a week-long disappearance.
  • GEM sparkles for $100m
    Gulf Energy Maritime has new loan agreement with Abu Dhabi bank in support of its two Korea-ordered panamax newbuildings.
  • Emirates steps up service
    Dubai start-up Emirates Shipping sets up Asia-US service following hot on the heels of the India-US service.
  • Intermarine takes two
    Project-cargo specialist charters in two Atlanska Plovidba units to meet increased requirement.
  • Siem buys again
    Norwegian investor's offshore shipping company strikes deal with OH Meling for three vessels.
  • Knightsbridge tanks
    Shares in VLCC specialist hit 52-week low on post-dividend selloff.
  • Deal of the year
    It has been a year of mega acquisitions of companies and fleets but who has pulled off the hottest transaction? Vote in TradeWinds latest poll and you could soon have an Apple iPod nano in your pocket.
  • Aframax in minor spill off Bulgaria
    Bulgarian authorities contain discharge from V.Ships-managed tanker in port of Bourgas.
  • Spot the difference at B+H
    Reduced spot exposure and vessel acquisitions lift US tanker owner B+H to four-fold first quarter profit.
  • Olympic back at Ulstein
    Norwegian shipowner goes for second sub-sea newbuilding as yard's orderbook swells to NOK 3bn.
  • Eitzen to buy four
    Camillo Eitzen & Co is placing an order for four 13,000-dwt chemical tankers at Korea's 21st Century Shipyard.
  • Skaugen on fundraising trail
    Norwegian tanker and gas carrier owner hopes to raise $100m in new Oslo-listed bond issue.
  • New bid for ABP
    Goldman Sachs-led consortium back with better offer to take over UK ports company.
  • GE adds to offshore fleet
    India's Great Eastern lines up deal for two modern second-hand platform supply vessels.

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American Shipperweb site
MAY 24, 2006
  • Report: Liner schedules only 57 percent reliable
  • Emirates Shipping Line to enter Asia/U.S. East Coast trade
  • Avion Group's Eimskip buys 50% stake in Kursiu Linija
  • Seaboard to start New Orleans/North Central America calls
  • China Shipping, Zim ending Asia/East Med/Black Sea service
  • Deutsche Post investing $250 million to expand DHL in Russia
  • Boeing redelivers 747-400 converted freighter to JAL
  • Cargo grows 12.5 percent in April at Rickenbacker
  • Jamian to head newly formed Seaway Great Lakes Trade Association
  • Brown joins CSXT from Norfolk Southern
  • FMC reviews 11 OTI applications, revokes 23 licenses
  • Famous Pacific Shipping relocates Sri Lanka office
  • ABP considering $4.5 billion offer from Goldman Sachs consortium
  • MSC to move to Seattle

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The Scandinavian Shipping Gazetteweb site
MAY 24, 2006
  • Rustbucket caught again
    The Honduras registered general cargo vessel "Allora" continues to sail in North European waters. In November last year the vessel ...
  • No further escalation of Norwegian strike
    Norwegian deck officers serving on domestic ferries and passenger vessels have no intention of escalating the strike, which now involve ...
  • Two Danish tugs is towing fish in the Mediterranean
    Towing Company Jens Alfastsen, Horsens, has started its fifth season supporting fishing vessels in the Mediterranean. This year the tugs ...

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The Bunker Bulletinweb site
MAY 24, 2006
  • SemGroup beats out rival for TransMontaigne merger
    Bidding frantic in merger, but FTC investigation into deal could take months.
  • UK: Fuel suppliers will be liable under MARPOL legislation
    The UK's interpretation of MARPOL Annex VI seeks to make the right parties responsible for fuel quality and takes sensible line on borderline sulphur content.
  • DOE & API at a glance: This week's key US inventory figures
  • Lubrizol completes fifth divestiture
    Lubricant additive manufacturer completes sale of fifth and last part of non-core businesses with combined revenues of $500 million.
  • Polish buyer lined up for Baltic refinery
    Yukos has reportedly agreed to sell majority stake in the only oil refinery in the Baltic States.
  • Imarex positive on Q1 results despite lower revenues
    Norway-based maritime derivatives exchange reports strong overall growth with new bunker fuel contact making positive contribution.
  • Barge trade bids move up in firm Rotterdam market
  • Hong Kong: 380 cst bunker fuel sees strong demand, 180 cst tight
    Heavy demand for 380 cst results in slight barge congestion.

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