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| SEPTEMBER 25, 2006 |
Shipping News
- Maritime Week starts off with a bang today
SINGAPORE will this week see what probably is the biggest showcase of its ability to host the world's most important maritime events on its shores.
- Dutch toxic waste ship was a 'floating refinery'
THE Dutch ship that unloaded chemical waste blamed for the deaths of seven people in Ivory Coast was a 'floating refinery', newspaper De Volkskrant reported on Saturday.
- Schwarzenegger vetoes Bill to tax containers
CALIFORNIA Governor Arnold Schwarzenegger vetoed a bill on Friday that would have taxed shipping containers entering and leaving the ports of Los Angeles and Long Beach, a move welcomed by retailers who warned that a tax would have resulted in higher prices for consumers.
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| SEPTEMBER 25, 2006 |
- Worries about 2007 prompt Senator Lines to restructure
- China and EU forge customs port security deal
- Suzhou cargo volumes up 28pc over first nine months
- FedEx reports Q1 net income up 40pc to US$475m
- Union Pacific opens US$83m terminal in Salt Lake City
- Emirates Shipping Line signs up Jamaican agent
- Further delays for A380, according to EADS
- Continental bosses promote proposed service in China
- AirBridge transport Madonna's stage show to Japan
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| SEPTEMBER 25, 2006 |
- Global Logistics Solutions to launch operations at 4 metros from Oct. 3
- GE Shipping takes delivery of newbuild OSV
- Singapore co. seeks entry
- Private traders to import 20 lakh tonnes wheat
- Lankan Board to fix vanaspati quotas
- 41 pc leap in Aug. 34 pc surge in April-Aug.
- Cashew EPC fixes 2020 export target at 2.75 lakh tonnes
- Chennai Customs to segregate import boxes with tampered load port seals
- Pipavav Shipyard building 4 boxships, buying main engines, forming alliance
- PM to flag off work on Mumbai-Delhi leg of railway freight corridor on Oct. 6
- NMCC strategy paper fixes 12 pc growth target for manufacturing
- SEZ companies offering rehabilitation package to displaced people
- Customs seek manpower
- NCR roots for multi-product SEZs
- Business with New Zealanders: AIAI arranges meet
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| SEPTEMBER 22, 2006 |
- Fiata selects Gottlieb as new president
- Johnson Stevens with new agencies
- Malev up for sale again
- ICF and Kombiverkehr to collaborate in the east
- Panalpina expanding in Dubai
- Port Management and Logistics Conference in Slovenia
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| SEPTEMBER 22, 2006 |
- CP Valour refloats…and sinks
- Odfjell buys five
- New Liverpool-Portugal ferry
- Ouzo arrest
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| SEPTEMBER 24, 2006 |
- Daewoo to manage new Oman ship repair yard
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| SEPTEMBER 22, 2006 |
- Dioxins found in samples from Budd Inlet dredge site
- Matson Navigation lowering Hawaii, Guam fuel surcharge
- Ronald Katims appointed to Crowley chair at MM Academy
- TSA member carriers plan freight rate increases
- Intermondal leads rail freight to positive total for week
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| SEPTEMBER 25, 2006 |
- Maersk backs Numast over officer training
BRITISH merchant officers’ union Numast has won a powerful ally in its campaign to raise the number of seafarer jobs created by the country’s tonnage tax regime.
- Clarksons wins injunction against ex-director in sale and purchase row
CLARKSONS Asia has won an interim injunction against former managing director Tim Huxley to prevent him from carrying out any shipbroking business until the end of this year.
- New shipping hedge fund sets ambitious $200m target
A NEW shipping hedge fund is being launched today with ambitions to amass $200m under management within 18 months, writes Tony Gray.
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| SEPTEMBER 22, 2006 |
- Russian rail boss goes after ports
MOSCOW 22 September – Vladimir Yakunin, head of Russia’s state rail operator RZD, says he wants to take shareholding control of several of the country’s ports. The first in his sights is the largest oil exporter: Novorossiysk. “We are negotiating for the
- DNB Nor to finance China-flag ships
DNB Nor, the Norwegian bank, says it will be the first foreign bank to offer mortgages on vessels flying the flag of People’s Republic of China
- Bill of lading guidance needed
MULTINATIONAL shippers are potentially losing huge sums of money every year because they remain unaware of changing bill of lading terms, it has been claimed
- S&P disputes 'could boost P&I premiums'
SALE and purchase disputes, prompted by rising charter rates, could lead to higher P&I premiums, delegates at a seminar in Dubai were told this week
- Bangladesh avoids mass resignation
STATE-owned Bangladesh Shipping Corp has escaped a mass resignation by seagoing officers after their association was assured that a promised pay hike would be fulfilled
- Judge orders EPA to regulate ballast water
A federal judge has ordered the US Environmental Protection Agency to rescind its exemption for ballast water discharges from merchant shipping
- Bulker refloated at Santos
- Caribbean softness worries Carnival
- Wärtsilä to merge Norwegian units
- Swee Joo sets out its stall
- Odfell adds five chemical tankers
- Russian concern over oilfield costs
- NY adopts 'virtual yard' initiative
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| SEPTEMBER 22, 2006 |
- TSA recommends rate hikes
Carriers in the eastbound trans-Pacific plan to seek across-the-board increases for 2007.
- Schwarzenegger vetoes proposed box fee
- C-TPAT, ISPS get mixed reviews in study
- DHS assistant secretary resigns
- EU renews US complaint over ‘zeroing’
- Russia, US to resume WTO talks
- Cairns Group urges U.S., EU to compromise on Doha
- Frankfurt airport, Lufthansa enter partnership
- Vietnam could join WTO by early 2007
- Airbus to delay A380 program again
- Diana Shipping to increase debt
- Atlas Air Worldwide promotes Dietrich
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| SEPTEMBER 22, 2006 |
- TSA lines extend PSS to February
Member lines of the Transpacific Stabilization Agreement have announced that strong volumes will see the peak season surcharge extended to February 28, 2007 and significant rate rises on May 1.
- Importers warn against Jakarta’s share buyback scheme
Indonesian Importers’ Association (GINSI) Chairman Amirudin Saud says government plans to buyback Hutchison Port Holding’s share in Jakarta International Container Terminal could cause a loss of trust with foreign investors.
- Yellow Sea lines set to raise rates again
- Efficiency and marketability drives unites APMT and SIPG in Zeebrugge
- Dachan Bay tools up for late-2007 opening
- Santos committee will monitor dredging
- Korean port development continues at Gunsan
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| SEPTEMBER 22, 2006 |
- Club to make cash calls
Peter Spendlove asks shipowners for up to $122m to boost solvency of West of England P&I mutual.
- ONE market
It’s tankers all the way for Omega Navigation as company offloads bulkers to become product pure play.
- Foremost sets record
Greek buyer pays $91.25bn for modern Waigaoqiao built capesize bulker.
- Mainport poaches rival
Irish tug, barge and logistics group Mainport buys rival Patrick Monahan.
- Oil sheen around ‘Kew Bridge’
Samples being taken as operation to free grounded gas carrier gets under way.
- Norwegians order in India
Norway’s J Hagenaes Shipping is taking an eight-ship offshore order to India’s Tebma Shipyards.
- Clarksons wins injunction
Shipbroker secures court order to prevent former Hong Kong chief Tim Huxley poaching clients.
- Eidsiva moves for car carrier
Norwegian owner snaps up remaining 49% of its Eukor-charterered Hyundai #205.
- Filipinos can’t meet demand
World’s biggest supplier of seafarers admits it won’t be able to plug the gaps.
- No ice-breaker?
Relations between Tallink Grupp and the Estonian government fail to thaw as new lawsuit filed over unpaid dues.
- Brave move
Greece's Vafias group shells out $190m on two VLGCs from Korea.
- PUM to revive another drillship
Singapore yard wins third upgrade contract this year in lucrative niche market.
- TSA asks for more
Transpacific lines start marketing 2007 freight increases earlier than usual as lines struggle in the current year.
- Three in, one out
Norway’s Odfjell splashes cash on second-hand chemical tankers and sells 1970s-built veteran.
- ESL sells, charters back
Finnish owner strikes sale and charter-back deal for first of two bulkers on order at ABG in India.
- Gregorio I can go
Greek ship found to be carrying North Korean defence systems to Syria can leave Cyprus.
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| SEPTEMBER 22, 2006 |
- TSA dismisses overcapacity fears, seeks rate hikes to cover costs
- Senator Lines cuts services, staff due to slumping Asia/Europe trade
- California regulating ballast water discharge
- Matson to lower fuel surcharge
- GT Nexus appoints Dittmann VP sales
- Company offers yacht-in-a-box
- CKYH alliance to cut loop in weak Asia/Europe trade
- FedEx's first quarter profit jumps 40%
- UPS names subcontractors for U.S. Defense logistics bid
- Shipper survey seeks C-TPAT improvements
- U.K. security contractor asks Chertoff to help free "trapped" technology
- LEGO consolidates distribution at DHL warehouse in Czech Republic
- Beardsworth to leave DHS
- Savannah port director urges support for deeper harbor
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| SEPTEMBER 22, 2006 |
- Odfjell invests in chemical tankers
Bergen based Odfjell invests USD 130 million to acquire five stainless steel chemical tankers. At the same time Odfjell has ...
- New equity to Fosen Mek
Five, high-profiled investors have provided NOK 50 million in new capital to see Fosen Mek Verksteder through a very ...
- Hydro takes one more Hurtigruten vessel
Hydro has chartered one more Coastal Express vessel to provide additional accommodation for the Ormen Lange project. Coastal Express vessel ...
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| SEPTEMBER 22, 2006 |
- High-viscosity fuels save buyers big money
Cheaper prices for alternative grades proving a popular draw in several ports.
- PDVSA announces new contact details
- Suppliers unhappy at 'boycott' allegation
On-going accusation could damage Singapore's reputation.
- Container conference adjusts bunker surcharge by 5.35%
Lower fuel surcharge from October 1 after period of softer bunker prices.
- Rotterdam market firms, prompt product tight
- Court ends detention of bunker-spill containership
Bank guarantee of over $24 million lodged as security.
- Three oil companies present oil spill contingency plan
Shell, Chevron and Petron have presented their oil spill contingency plan in Sarangani Bay, the Philippines.
- Matson cuts bunker fuel surcharge
Bunker fuel surcharge to be reduced by 1.5% effective from October 1, the company says.
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