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| JANUARY 26, 2006 |
Shipping News
- Thome builds up expertise in managing LNG carriers
WITH the global fleet of liquefied natural gas carriers set to more than double to nearly 400 vessels within three years, Singapore-based Thome Ship Management is aiming big as it pioneers a new niche sector in the Singapore maritime scene.
- World's largest deep-sea drill readies for action
THE Chikyu is studded with superlatives. Completed last year, the ship houses the world's biggest deep-sea drill, sports a high-tech floating laboratory and boasts a hefty 57.3 billion yen price tag.
- Toll plans to fight antitrust watchdog on Patrick bid
TOLL Holdings Ltd, Australia's biggest land transport firm, will challenge the legality of a decision by the antitrust watchdog to block its US$3 billion bid for the country's top ports operator, Patrick Corp Ltd.
- Emergency crews rush to clean up oil spill in Australia
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| JANUARY 26, 2006 |
- "K" Line to boost volume on Asia-N America services
- Allcargo raises stake in Ecuhold to 49.99pc
- Most exports released from customs within 7 hours at Tianjin port
- NOL handles 9pc more containers in 2005
- US Govt to enforce new regulations for wooden pallets, crates
- Hankyu chooses IES solutions
- Flying-Trans launches new cargo service between Beijing and US
- SingPost introduces Speedpost Express product
- Japan Post heads down road to privatisation
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| JANUARY 26, 2006 |
- Nutzinger new Wincanton Germany managing director
- Rostock with best result in the port’s history
- Swissport wins agreement from Tiger Airways
- Significant increase in traffic on the NOK canal in 2005
- Ryder selected by Toyota in USA
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| JANUARY 25, 2006 |
- Keppel FELS gets another jackup order
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| JANUARY 25, 2006 |
- EPA has new round of grant money for West Coast emissions projects
- New DOT report discovers US moving more freight than thought
- Diana Shipping inks time charters with Cargill
- Port of Vancouver, USA Commissioners learn of Red Lion remodeling plans
- Port of Bellingham wants input on waterfront design options
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| JANUARY 26, 2006 |
- Hext to take helm at Pacific Basin
RICHARD Hext, deputy chairman of Pacific Basin Shipping, will take over as chief executive and executive director following the resignation of Mark Harris who will step down after the next annual meeting on April 7.
- India on collision course with Brussels over conferences
INDIA is preparing legislation that could put it on a collision course with Brussels over liner shipping practices.
- QM2 tourists take legal action
UK LAW firm Capital Law has filed a class action on behalf of passengers of the Queen Mary 2 who have been protesting over delays to a 38-day cruise around South America due to one of the ship’s pods being out of action.
- VLCC rates soar on booming Asian demand
VERY large crude carrier rates have doubled this week as tonnage availability tightens amid booming oil demand in Asia.
- IMO plans overhaul of training regulations
THE International Maritime Organization’s sub-committee on standards of training and watchkeeping is to recommend a complete revision of the STCW ’95 regulations.
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| JANUARY 25, 2006 |
- Migrant Watch: US/Caribbean
A TUG master faces questions in Puerto Rico after seven Dominicans were caught yesterday stowing away on his barge
- Sovcomflot responds to allegations
SOVCOMFLOT chief executive Sergei Frank has responded strongly to allegations that that accidents involving a Unicom-managed tanker had led to industry concerns
- Varun boosts 4Q profit
MUMBAI-based Varun Shipping has reported a net profit of Rs527.2M ($12M) for 4Q05, compared with Rs232.4M for the same period in 2004
- Hamburg surpasses 8M TEU
HAMBURG has further narrowed the gap with Europe’s busiest container port Rotterdam by raising its throughput by 15.5% to 8.1M TEU in 2005
- US policy will reduce congestion
- Spanish group buys Braswell shipyard
- Viking joins Tallink in Silja bidding
- Toll to go to court over Patrick
- Seafarers missing in Aegean sinking
- PSA may step into Qatar
- Malaysia to ship LNG to Shikoku
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| JANUARY 25, 2006 |
- Grand Alliance restructures network
Carriers announce restructuring of global network services as P&O Nedlloyd ships are withdrawn, CP Ships vessels come online.
- Horizon Lines declares dividend
- Moody’s affirms Va. port rating
- Mandatory export e-filing coming
- MSC upgrades Asia-Long Beach service
- Intermodal lifts Norfolk Southern profit
- Record year for Singapore port
- CKY lines charter U.S. Gulf slots
- U.S. urges compromise for global trade deal
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| JANUARY 25, 2006 |
- PSA makes formal offer for P&O Group
Singapore port operator PSA International is understood to have made a formal offer of 470p/share (US$8.40) for the assets of P&O Group, with the offer expected to be announced tomorrow morning.
- Amsterdam benefits from Grand Alliance service restructuring
Restructuring of Grand Alliance services has been completed, with three services on the Asia/Europe trades and one loop on the Pacific to be operated with The New World Alliance.
- Geographical differences divide charter market
- Toll takes Patrick pursuit to court
- China Merchants to raise Shenzhen charges
- Rio Grande hit by truck driver strike action
- Global ports ownership climate postpones Fremantle terminal decision
- New route added to Shenzhen barge services
- Shipping lines power up Singapore rankings
- Russian Railways increase overall volumes as transit falls 19.56%
- CN intermodal revenues spark 2005 results
- Low water sees sharp dip in Basel volumes
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| JANUARY 25, 2006 |
- Prince Rupert gets in gear
New Jersey’s Maher Terminals has ordered massive cranes for the Prince Rupert box terminal despite a court challenge.
- Frontline has 'more' Genmar
How has John Fredriksen increased his stake in the New York tanker company without buying more shares?
- Bidvest sells Dartline
South African logistics group offloads cross channel freight carrier for tidy profit.
- Beluga sets sail
Bremen’s Beluga Shipping is signing the first contract to put a kite-sail propulsion auxiliary on trading vessels.
- Diana gets Coronis early
China's Hudong completes former Bocimar bulker ahead of schedule.
- Industry deadlock on ILO talks
Could Mick and the boys be accepted as sailors under new global labour laws?
- CKY lines in MSC pact
Cosco, K Line and Yang Ming to charter slots on rival’s ships as part of post-Nedlloyd rejig.
- K Line signs Enel charter
Japanese owner contracts for new-design bulker at Oshima with delivery set for 2009.
- Daewoo buys SNM yard
Korean shipbuilder’s Romanian facility finally succeeds with bid for neighbouring Mangalia shipyard.
- Bulker spills fuel off Australia
Clean-up begins in environmentally sensitive Queensland waters after accident involving tug and Korea Marine ship.
- Viking joins Silja fight
Finnish ferry owner squares up to Estonia’s Tallink with offer to buy struggling rival.
- Daewoo earns just $8m
Fourth-quarter celebrations short-lived as shipyard posts 97% drop in profits for full year.
- Smedvig to be split?
Analyst reckons Fredriksen and Noble Corp of the US could carve up Norwegian drilling company after takeover battle.
- Varun prepares Singapore debut
Indian tanker and gas carrier owner expects approval for Singapore flotation as early as March.
- Lindenau wins Seychelles ships
German yard to build another two products tankers for Indian Ocean islands’ oil company.
- GSI profits set to jump
China’s Guangzhou Shipyard expects 2005 full-year profits to be at least double those of last year.
- Ow spins off logistics
Singapore Shipping Corp has demerged its logistics business in a bid to focus on core operations.
- Suez revenues inch up
December revenues close to $300m level as just over 1,600 ships use Middle Eastern waterway.
- Thoresen buys supply ship
Thai shipowner acquires supply vessel from Swire Pacific in bid to bolster offshore business.
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| JANUARY 25, 2006 |
- Grand Alliance completes post-P&O Nedlloyd network adjustments
- Paris MOU sets vessel pollution inspections
- Coast Guard raises entry conditions for ships calling Equatorial Guinea
- Hanjin opens new Belgium office
- UAL Corp. selects Nasdaq for new listing
- BNSF's 4th-quarter earnings up 24%
- Mead to step down as DOT inspector general
- Moorman to replace Goode as Norfolk Southern's chairman
- NEMF trucking promotes Nallen
- CSX's 4th quarter profit up 49%
- CN's net income up 14% in 4th quarter
- BNSF sets $2.4 billion capital spending budget for 2006
- Shippers to push for freight policy during White House visit
- Bush administration reaffirms to Japan that American beef is safe
- U.S. ends property rights investigation against Pakistan
- OH Logistics names Weaver to head acquisitions
- JPMorgan Chase Vastera updates compliance software
- MOL Logistics (Japan) adds Chinese Web Site
- FMC reviews 2 OTI license applications
- Prince Rupert Port terminal upgrade approved
- P&O Ports to run Tampa terminals
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| JANUARY 25, 2006 |
- More money available for yard orders
Norwegian yards have had more money available since the government export credit agency GIEK (Garanti-Insituttet for Eksportkreditt) from March ...
- Seafarer died by suffocation
The Philipino seafarer found dead on the Swedish general cargo vessel "Eken" last year, is presumed to have suffocated. According ...
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| JANUARY 25, 2006 |
- EPA offers $3 million for emissions reductions
Agency offering grants for 'projects aimed at reducing diesel emissions on the West Coast'.
- Lloyd's Register fuel and lubes man joins UK firm
Former head of Lloyd's Register Lubricant Quality Scan and FOBAS to develop marine business for UK-based firm.
- SkySails targeting 1.5% of world trade fleet by 2013
Following the signing of its first sales contract today, SkySails has said it wants to equip a minimum of 1.5% of the world's trade fleet with its fuel-saving and emission-neutral kites by 2013.
- Egyptian supplier refutes off-spec fuel report
Supplier offers test results on tank samples as evidence that DNVPS bunker alert for Suez was unjustified.
- South Africa: TRT acquisition signals changes
Some changes are afoot following the acquisition of TRT Shipping Services by a Barloworld subsidiary in July last year.
- Rotterdam market softer with crude
- Collision causes fuel oil spill off Gladstone city
A collision between two vessels has resulted in a bunker fuel spill off Gladstone city, near Australia's Great Barrier Reef.
- Crude prices fall on Saudi's supply assurance
An offer by Saudi Arabia to supply the market with extra crude resulted in a drop in crude oil prices to levels below $68 per barrel.
- Saudi Arabia plans storage tank investment in China
Saudi Arabia gets involved in Chinese oil storage and refinery projects as Sino-Saudi oil cooperation expands.
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