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| SEPTEMBER 26, 2006 |
Shipping News
- Onboard shipping ballast system in the works
A research and development centre here is about to commercialise an onboard shipping ballast water treatment system it invented that may spin off a multi-million dollar business for local companies.
- Shipping industry needs to boost image: execs
THE shipping industry has a 'once-in-a-lifetime' opportunity to improve its global image or risk falling into mediocrity, industry executives said yesterday at the start of Singapore's Maritime Week 2006.
- SSA chief urges change in IMO representation
THE time has come for Asia to 'take its destiny in its own hands', Singapore Shipping Association president SS Teo said yesterday, arguing for a change in International Maritime Organisation representation from one seat per member country to representation based on contribution.
- Carnival Q3 profit rises 4% despite high fuel costs
- S'pore set to be maritime R&D hub
- Getting Asia to be heard in one united voice
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| SEPTEMBER 26, 2006 |
- SIPG, APM Terminals to partner at Zeebrugge terminal
- Gubernator terminates proposed California container tax bill
- Yellow Sea lines implement rate restoration
- MOL opens second seafarers training centre in India
- JAL to boost flight frequency between Japan and China
- Globair becomes Mahan Air Cargo's sales agent in HK, Macau
- American signs new US Postal Service contract
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| SEPTEMBER 26, 2006 |
- Maersk Line restructures services on Europe trade
- Mercator to acquire 3 chemical tankers
- SEKO Logistics completes 1 year of successful operations in India
- CKYH Alliance to reduce Asia-Europe service offerings
- FWL launches flexible warehouse management solution
- Forwarders vote Latin America conference a hit
- APL, APL Logistics honoured for tech innovation
- N-E Asian nations to develop new shipping route
- Mundra Port & SEZ Ltd emerging as strong economic hub-Capt. Sandeep Mehta
- 32 consultants offer services to Cochin Port
- GMB invites fresh EoIs to develop & maintain ro-ro ferry terminals at Gogha & Hazira
- Dedicated berthing facility for Lakshadweep planned at Cochin Port
- TCIL to set up state-of-the-art warehouses
- Container operators at Cochin Port slash trailer hire charges
- Work on 6-laning of Vadodara-Mumbai highway set to begin
- GDL to develop CFS at Kochi in JV with Chakiat Group
- Forex reserves up by $ 404 m to $ 1,65,542 m
- E-payment mandatory for top service tax assessees
- IMC meeting with New Zealand MP today
- WTC trade team to visit turkey in Oct.
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| SEPTEMBER 25, 2006 |
- Mulally moves from Boeing to Ford
- Felixstowe registers record rail volumes
- Air France upgrading services, KLM renewing fleet
- CMA CGM and Veolia join for rail transport
- Geodis opens new Strasbourg branch
- Estonian government wants to buy back railways
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| SEPTEMBER 25, 2006 |
- Schwarzenegger vetoes California box tax
- BV lashing study points finger at automatic twistlocks
- IMB urges new Singapore piracy centre not duplicate its work
- Anti piracy worker recognised
- Gulizar Ana salvaged
- NAMMA awards for OSG and du Moulin
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| SEPTEMBER 25, 2006 |
- ENSCO orders ultra-deepwater semi
- DHS announces $168 million in port security grants
- OSG to acquire Maritrans
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| SEPTEMBER 25, 2006 |
- Gunderson launches new barge for Sause Bros., Inc.
- Overseas Shipholding Group purchasing Maritrans Inc.
- Portland Women's Shipping Club names Hodson "Top Boss" for 2006
- Developer buys waterfront land at Port of Port Angeles
- Retail group happy with veto of California box fee
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| SEPTEMBER 26, 2006 |
- OSG buys Maritrans for $455m to form US flag giant
OVERSEAS Shipholding Group’s $455m acquisition of Maritrans, the venerable Jones Act tanker and barge player, has created the largest player in US flag petroleum shipping.
- Chiquita feels the heat over reeferships
AMERICAN fresh produce shipping giant Chiquita, faced with poor sales and a spinach e.coli scare, wants to sell its dozen-strong fleet of refrigerated cargo vessels.
- Brodosplit yard executives set to face charges
A LONG-simmering financial scandal at the Brodosplit shipyard in Croatia is expected to break into the open this week with the filing of formal charges against several yard executives and other individuals.
- Recruitment shine dulled by tarnished image
SHIPPING’S poor image means it will not attract its share of the best and brightest young people to ensure quality in the future, senior industry officials told a World Maritime Day parallel event in Singapore.
- Greenpeace blockades Probo Koala
Greenpeace protestors last night blocked the Probo Koala in the Estonian port of Paldinski, writes Helen Hill.
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| SEPTEMBER 25, 2006 |
- Lerwick decommissioning is rigged
THE first purpose-built decommissioning facility for North Sea oil structures has been opened in Lerwick Harbour
- Troubled Spirit still haunts Rochester
THE race is on to conclude the sale of the fast ferry Spirit of Ontario 1 as the city of Rochester, New York state, incurs a cost of $6,000 a day
- OSG swoops on Maritrans
OVERSEAS Shipholding Group will tighten its hold on the US-flag segment by purchasing Jones Act tanker company Maritrans for $455M
- BBC Chartering sued over damage
THE owner, operator and master of the heavy lift ship BBC China are being sued in Tanzania in respect of alleged damage to a gas turbine generator
- Port Weller Drydocks seeks protection
CANADIAN shipbuilder Port Weller Drydocks has been placed in a form of bankruptcy protection by its owner
- Milestone marked by piracy plaudit
- Owners face West of England shock
- Pakistan urges support for breakers
- Shipping needs 'young talent'
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| SEPTEMBER 25, 2006 |
- EU repeals liner antitrust exemption
The European Union's Competition Directorate agrees to end liners' ability to collectively fix prices and capacity.
- DHS awards port security grants
- China operator takes stake in Maersk hub
- Railroads top intermodal mark
- Trade credit insurer sees growth, challenges
- EU agrees to wider access to services trade
- EPA ordered to issue ballast water discharge rules
- Overseas Shipholding Group buys Maritrans
- E.J. Brooks certified C-TPAT
- India-Pakistan-Bangladesh-Ceylon Conference raises rates
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| SEPTEMBER 25, 2006 |
- Ningbo a clear winner in Yangshan cargo shift
Ningbo has benefited from the mandatory cargo shift from Waigaoqiao to Yangshan, in Shanghai, and could win more boxes after the planned Asia-South America trades transferral in October, carriers suggested.
- PD Ports gets Continental foothold through major inland terminal
Infrastructure investor Babcock & Brown Infrastructure has acquired 51% of inland container terminal WCT, within Antwerp’s immediate catchment area, giving BBI’s recent acquisition PD Ports a Continental foothold.
- California box-tax vetoed
- Updated: Beirut War Risk surcharge reduced
- Bureau Veritas: auto twistlocks fit for purpose, if correctly fitted
- Lamy urges world trade "car crash" spectators to have faith in WTO
- STX expands China logistics arm
- Change of charters sees Magistral bump up Korea service capacity
- EC to publish 4056/86 “issues paper”, to complete the debate
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| SEPTEMBER 25, 2006 |
- A taxing solution
OSG's buy of Jones Act competitor Maritrans also helps it answer an age-old question: what to do with our Capital Construction Fund?
- UASC in new service
United Arab Shipping Co, K Line, Yang Ming and Hanjin are starting up an eight-ship service from Singapore to the US.
- Banana boats on the block?
Struggling Chiquita Brands has suspended dividends as Fortis Securities advises it on a possible sale of its fleet.
- Star Cruises inks loan
Banks are advancing some $1.7bn to finance two Star Cruise newbuildings -- if the Lim family retains control.
- $12.3m claim on BBC
A Tanzanian utility company with generator problems is suing the owner and manager of the unlucky BBC China.
- Up and down
Maritrans, OSG shares head in opposite directions as analysts take cautiously positive view on deal reinforcing Overseas' primacy in Jones Act.
- Dryships orders double in China
Greek bulker owner signs for two panamaxes, while replacing departing Panormos with younger model.
- OSG buys Maritrans
US tanker owner acquires the Jones Act fleet of Jonathan Whitworth's company for $455m.
- More ships for Gati
Indian boxship owner wants to expand fleet for push into Thailand and Singapore.
- Liners lose exemption
EC signs death warrant for block exemption that allowed container lines to fix prices and regulate capacity.
- Arnie terminates box bill
Californian governor Arnold Schwarzenegger vetoes $30 per teu tax on container-handling at Long Beach and Los Angeles.
- Kew Bridge lighter bid fails
Bad weather postpones cargo transfer from LPG carrier stuck on mud in India.
- Braila back in black
Aker Yards’ Romanian unit increases first half earnings despite dip in revenues.
- Shipping put to song
Tom Erik Klaveness joins the cast to become a song and dance man as bulk shipping gets the musical treatment.
- Daewoo signs on at Duqm
Korean shipbuilding giant to manage new repair yard in Oman.
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| SEPTEMBER 25, 2006 |
- Competitiveness Council backs end to liner conferences
- A.P. Moller salvage company extends Adsteam offer period
- CBP, Coast Guard try to improve interoperability
- Carriers to merge Asia/Australia services
- Katims takes new job at Kings Point
- New portal for LTL cargo
- California container tax vetoed
- Industry groups protest Senate bill proposing tariff on Chinese imports
- Dow asks MSU for supply chain security check up
- LauritzenCool Logistics establishes Turkish joint venture
- Carlyle Group building warehouse for H&M
- Deutsche Post World Net restructures management
- NYK buys Lorang France
- Bidders drive up price of DP World's U.S. port assets
- Sacramento outsources port operations to SSA Marine
- APM Terminals, SIPG extend partnership in Zeebrugge
- Ship-to-shore cranes arrive at Busan New Port
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| SEPTEMBER 25, 2006 |
- Block exemption for liner conferences repelled
EU has now taken the formal decision to repeal the block exemption for liner shipping conferences from the EU competition ...
- Costly to move Larvik ferry terminal
Moving the ferry terminal from the centre of Larvik, Norway to a new terminal in the commercial port at Revet ...
- Grounded container vessel salvaged
The Lithuanian feeder vessel "Arina" was on Sunday evening pulled of the ground off Understens lighthouse in the Stockholm archipelago ...
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| SEPTEMBER 25, 2006 |
- Port appoints new environmental director
Vancouver announcing new appointment to 'reduce environmental impacts'.
- Superb showing for Evergreen
Taiwanese shipowner continuing to showcase 'green' ships in California ports.
- New team member at Greek firm
- Poseidon Challenge Day summarised
INTERTANKO publication shows commitments made from maritime industries during its first Poseidon Challenge event.
- Bunker burden sinks small cruise operator
Last Baltic cruises for small German cruise operator.
- Cost savings with new Wärtsilä cylinder lubricating system
Company meeting demand for lower consumption against backdrop of tight supply and increasing lube oil costs.
- Peninsula looks east
First Asian presence for Peninsula Petroleum with opening of Singapore trading office.
- GMT Rotterdam market weak, prompt product tight
- NYMEX launches Singapore fuel oil futures contract
Bunker suppliers hold back participation, trading slow on first day.
- Hong Kong: Avails 'better' on cargo arrivals
Tight bunker supplies ease slightly, 180 cst fully committed for September.
- Bunkerworld unveils new site
Bunkerworld today launches a new and improved version of its website.
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