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| JANUARY 31, 2006 |
Shipping News
- Use technology to stay strong, competitive, PM Lee urges PSA
PSA International has to stay flexible and relevant, and leverage on technology to forge ahead as the world's leading port and to remain strong and competitive.
- M'sian airfreight forwarders may be 'star-rated'
MALAYSIA's airfreight forwarders - who are mostly concentrated in the Klang Valley, including Kuala Lumpur - could soon be 'star-rated', if a proposal by the Airfreight Forwarders Association of Malaysia is endorsed by the government.
- S Africa ports 'at standstill' as workers go on strike
THOUSANDS of workers at South African rail and logistics group Transnet went on strike yesterday, disrupting operations at ports and train services.
- Cousteau's legendary ship left to rot
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| JANUARY 31, 2006 |
- DGS beefed up with 30 addl posts
- New shipping law may require lines to file public tariffs
- GAC celebrates Golden Jubilee
- GE Shipping takes Ravi K. Sheth on Board
- Mercantile Marine Dept office in Kerala upgraded
- Grand Alliance upgrades service offerings
- IRA unveils 2006 rate restoration schedule
- K Line to beef up Asia-North America routes
- ...establishes logistics unit in Tianjin
- ECU Line obtains cepa licence in China
- Flemming Dalgaard, Lindegaard at helm of Maersk Line, A.P. Moller
- China Merchants takes over Sinotrans
- AADA to cancel PSS tariff
- Cosco Pacific acquires stake in Egyptian port
- Leading shipping lines to invest in Longtan port
- Commerce Ministry too disfavours FBT, service tax on exporters
- Vizhinjam box terminal slated to be operational in 4 years
- International Customs Day celebrated at ICD-Dadri
- Forex reserves dropped by $ 66 million to $ 1,39,444 million
- Forex reserves fall
- BCC&I seminar on ‘Capacity Building in Mumbai’s Ports’ today
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- Ocean Airlines: CEO steps down
- Grimaldi and Louis Dreyfus Lines introduce new service
- Florence airport to close for two months
- GeoLogistics opens new office in Chile
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| JANUARY 30, 2006 |
- Tidewater hostages released
- MAN B&W launches powerful new DF engine
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| JANUARY 30, 2006 |
- New rules in works for mariners' licenses
- Maersk Sealand adding Cape Verde/Guinea-Bissau run
- Crowley tapped as shipper for new James Bond movie
- Connie Bacon named Tacoma Port Commission president
- Air Cargo Association presents $5,000 scholarship
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- PSA contemplates but P&O share price adds more value
P&O's share price continues to suggest that the market believes the battle for control is far from over, despite cautious words from Singapore's head of state about PSA's ability to top DP World's latest bid.
- IMB: piracy attacks are lowest for seven years
PIRACY attacks worldwide have fallen to their lowest level since 1999, with 276 known incidents last year, down from 329 in 2004, according to the International Maritime Bureau.
- Somalis face charges in Kenya
TEN Somalis arrested by the US Navy on suspicion of piracy have been flown to Mombasa, where Kenyan police are considering pressing charges, writes David Osler .
- Seaman lost after three ships collide in Peru fog
A CASUALTY involving three ships in heavy fog off the Peruvian port of Callao near Lima appears to have left one person dead, writes David Osler.
- New Holland America flagship ready to leave Fincantieri’s Marghera yard
HOLLAND America Line’s flagship, the 82,300 gt Noordam, will leave Venice this week and head for Boston after being completed at Fincantieri’s Marghera shipyard.
- Singapore PM takes cautious approach to PSA’s P&O bid
SINGAPORE’S Prime Minister has waded into the bidding war between PSA International and DP World for UK ports and ferries group P&O.
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| JANUARY 30, 2006 |
- P&O: DP World bid 'tough to match'
SINGAPORE prime minister Lee Hsien Loong has sown seeds of doubt as to whether PSA International can match DP World's latest bid for UK ports and ferries operator P&O
- NofE urges ballast regs preparation
SHIP owners should start preparing for the introduction of stringent new ballast regulations, says North of England P&I club risk manager Tony Baker
- Baltic ice conditions could worsen
ICE formation in the Baltic Sea matches normal winter conditions, but a researcher has warned that a fresh cold snap could quickly change conditions for the worse
- RCCL crew member arrested
A CREW member aboard a Royal Caribbean Cruise Lines ship has been charged in Florida with the attempted rape of a passenger
- Container freight rates in decline
FREIGHT rates in the container trades in and out of Europe are now in general decline, according to the German statistics office
- Costa/AIDA to cruise from Dubai
COSTA Crociere, the Italy-based subsidiary of Carnival Corp, is to offer cruises from Dubai starting in December 2006
- Bulker sinks in Callao collision
- SCI, GE Shipping post 3Q falls
- Energy minister goes in India reshuffle
- Canada warns Arctic route users
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| JANUARY 30, 2006 |
- Secret Service chief to head Customs
President Bush nominates U.S. Secret Service Director W. Ralph Basham as commissioner of Customs and Border Protection.
- ILWU to press for 'green' ports
- Secure Freight test by year’s end
- High-tech production holds key for maquiladoras' future
- Savannah nets 1M TEUs
- WTO sets April ag deadline
- Hamburg TEUs top 8M
- U.S. Great lakes shipments drop
- Major container expansion planned for Port of Hamburg
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| JANUARY 30, 2006 |
- South African unions plan protest strikes over restructuring process
Operations at South Africa’s busiest ports, Durban and Richards Bay, could be disrupted from today as railway and ports workers begin protest strike-action over Transnet restructuring.
- P&O stock continues rocketing, despite PM's sobering speech
- Rates up but surcharge goes in Australia-Asia trades
- CMA CGM–CSCL Atlantic service to add Liverpool
- Contractor to use compressed air to free APL Panama
- Trimodal shifts cargo to rail in leap to the Lyon’s mouth
- Hai Win makes Darwin service monthly
- Port of Charleston up 6% in 2005
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| JANUARY 30, 2006 |
- DryShips soars on Barron's nod
Shares in George Economou's dry bulk company pick up 9% Monday after respected manager calls them undervalued.
- Pirates to be charged in Kenya
Kenyan crew from hijacked ship identify Somali gunmen captured in raid by US navy.
- New RCCL headache
Cruise employee faces sexual assault allegations in Florida case.
- Montanari back at Mipo
Italian owner reinvests some of the cash from LPG fleet sale in two more products tanker newbuildings in Korea.
- Tidewater crew safe
Four workers taken hostage off Nigeria three weeks ago released in good health earlier today.
- 'Right time' for Brostrom
Swedish shipowner sells largest products tanker to focus on 5,000-dwt to 50,000-dwt segment.
- Seadrill lifts Mosvold stake to 49.99%
Fredriksen offshore company just misses out on controlling stake after buying extra shares.
- Options all round
John Fredriksen and his team are looking at immediate gains under new Golar LNG share deal.
- Strike hits South African ports
Confusion over impact of industrial action but Durban and Richards Bay lose up to 50% of capacity.
- One missing in Peru pile-up
Collision involving two bulkers and a general cargoship injures another 20 men and sinks two of the vessels.
- Ship sales hit Essar
Indian shipowner pays a price for disposal of suezmax vessels to Top Tankers.
- DOF orders flexible friend
Norwegian owner signs for multipurpose supply ship at Kleven Verft in Ulsteinvik.
- Nel to board C-Link
Takeover bid puts Apostolos Ventouris on course to tighten grip on Greek ferry market.
- Great Eastern goes south
Impairment charge chops profits for India's second largest shipowner as investors show their displeasure.
- Kazmortransflot on the up
Oil volumes grow for Kazahkstan’s national shipping company as it changes from charterer to owner of tankers.
- Rousse ramps up revenues
Bulgarian shipbuilder has stronger 2005 and is booked up until 2009.
- Mercator makes less
Depreciation costs hit third quarter bottom line at expanding Indian tanker owner.
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| JANUARY 30, 2006 |
- Samskip to transfer international operations to Rotterdam
- CKYH carriers to take space from MSC’s U.S. Gulf/Europe service
- Management changes at China Shipping
- USSEC carriers extend bunker charges
- Maersk Sealand starts Cape Verde Islands, Guinea-Bissau feeder
- CSAV, Maruba select TTI at Seattle
- Doane to replace Stockholm as A&B's chairman
- World Airways pilots freed to strike after labor talks stall
- Nippon Express, MOL to gain shares in new cargo airline
- Great Lakes cargo slips in 2005
- TNT agrees to sell Logistiques Nicolas
- Commerce official hopeful on Brazil trade talks
- COSCO, Japan Freight Railway to start China/Japan express service
- Real estate firm buys DCs from grocers
- GeoLogistics appoints Panalpina's Soubry as Canada CEO
- Johnson serves as USTRANSCOM chief of staff
- Barrett picked to head federal hazmat safety transport agency
- Eurogate handles 12 million TEUs in 2005
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| JANUARY 30, 2006 |
- Broström sells "Bro Stella"
Broström has sold the product tanker "Bro Stella" with delivery to the new owners in February. The 70,260 DWT-vessel ...
- New record year for CMP
Copenhagen Malmö Port (CMP) had its best year 2005 with doubled profit and increased turnover. The pre-tax profit was ...
- "Sichem Pandora" resumes trading
Camillo Eitzen-controlled, chemical tanker "Sichem Pandora" left Dunkirk late Friday bound for Flusning in Holland to resume trading. The ...
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| JANUARY 30, 2006 |
- ConocoPhillips leads out results, ExxonMobil, Chevron follow
Oil majors releasing 2005 revenue statements and reporting rising profits.
- Speculation grips market ahead of new Houston player
Company reluctant to confirm supply specifics, leaving market to make its own predictions.
- DNVPS marks 25 years of fuel testing
Managing director shares some observations on how the fuel testing business has evolved since its inception.
- Callao collision causes bunker spill
Fuel reportedly leaking from vessel sliced in two by collision.
- UK: Cargo vessel detained after bunker fuel spill
Ballast water discharged during routine operation found to be contaminated with fuel oil from vessel's bunker tank.
- TSA: New monthly surcharge to replace quarterly assessment
The transpacific Stabilisation Agreement will adjust its bunker fuel adjustment factor on a monthly rather than quarterly basis, effective April 1.
- Rotterdam firm in line with crude
- Barge blocks Ohio River traffic, causes spill
Barge turned on its side by current, causing part of its cargo to leak.
- Fuel oil blenders installed on barges in Hawaii & Gibraltar
Company says its blending applications can reduce production cost by minimising the 'distillate giveaway'.
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