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27 January 2020 The on-line newspaper devoted to the world of transports 13:48 GMT+1

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The Business Timesweb site
FEBRUARY 2, 2007
Shipping News
  • New PSA car storage facility 'vital for S'pore'
    A new multi-storey car storage facility at PSA Corporation's Pasir Panjang Wharves will help Singapore maintain its competitiveness as a regional vehicle transhipment hub, according to prominent Norwegian shipowner Wilhelm Wilhelmsen.
  • Yantai wins US$310m rig order from Norway firm
    YANTAI Raffles Shipyard, founded and controlled by Singapore's Brian Chang, has secured another order for a semi-submersible drilling rig - worth a whopping US$310 million - from Norway's Awilco Offshore.
  • Hyundai Heavy's profit soars; Hanjin Shipping's down
    HYUNDAI Heavy Industries Co, the world's largest shipyard, said profit last year almost quadrupled as the company built more vessels at higher prices and paid less for steel plate used to make hulls.
Admiralty Casebook
  • Ship's confusing actions created dangerous situation: court
    ABULK carrier that created a dangerous situation between itself and another vessel off Gibraltar should be almost wholly responsible for the collision that followed between the two vessels, an English court ruled last week.

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Sched Netweb site
FEBRUARY 2, 2007
  • Maersk makes major reforms to N America inland networks
  • CSL to launch joint new service between north Europe and S America east coast
  • Nanning to build mega logistics facility for Asean trade
  • NOL sells OCWS Logistics for US$13m
  • Tardy importers accused of clogging East African ports
  • Sydney ports post 11pc increase in container trade in 2H06
  • Los Angeles airports suffer 1.6pc airfreight decline
  • India's oil giants lower aviation fuel prices 6pc
  • Airlines must cut costs or lose out to budget carriers: CAPA

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Exim Indiaweb site
FEBRUARY 2, 2007
  • Dredger to be docked at Tuticorin for repairs
  • Allcargo posts spectacular 6-fold growth in consolidated income during April-Dec. 2006
  • Cargo-Partner AG launches Indian subsidiary; opens 9 branches
  • Soyameal exports rising
  • KoPT wants cutter-suction dredger deployed on the Hooghly
  • Trinity Capital acquires 10.43 pc stake in Pipavav Shipyard
  • PIL (India) Director taken aboard CoPT Board
  • ITWF-HIMS holds AIDS awareness workshop for women at JNPT
  • GDL's Q3 results show steady growth in revenues
  • Development of CFSs at Nhava Sheva held up
  • CONCOR-CR begins liquid cargo transhipment from JNP to ICD-Nagpur
  • CONCOR to regularise Mumbai-Nagpur weekly services
  • CLE wants integrated leather parks
  • India affirms commitment to Doha success
  • Fieo seeks Rs 2,000-cr. MAI fund
  • Allcargo runs along for a noble cause too!
  • BTL launches Tiger Health Club

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International Transport Journalweb site
FEBRUARY 1, 2007
  • Dosé new Gulf Air CEO
  • Foyle to join Tiaca Hall of Fame
  • Höegh Autoliners and Maersk to cooperate in car carrier sector
  • New aircraft for Air Niugini
  • UPS sales and profits up in financial 2006

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Maritime Global Netweb site
FEBRUARY 2, 2007
  • Samskip buys Saltire
  • K Line launches Europe-S America service
  • Frontline looks to spin off FPSO business
  • Siba Ships buys into mining firm

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Marine Logweb site
FEBRUARY 1, 2007
  • U.S. Army Incat leaves the military
  • Vietnam yard must pay pollution fine
  • MAN Diesel wins first order for new 32/44 CR

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World Wide Shipperweb site
FEBRUARY 1, 2007
  • Coast Guard keeping track of Hyundai ship with engine trouble
  • NAFTA trading partners see surface transport gains
  • Corps looking for crab pots lost near Chetco River entrance
  • Harley Marine expading with new East Coast operation
  • Young named board chairman for Union Pacific Corporation

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Lloyd's Listweb site
FEBRUARY 2, 2007
  • Ladyman defends beaching of MSC Napoli
    BRITAIN transport minister defends decision as opposition criticises Maritime and Coastguard Agency's port state control inspections.
  • Pollution from MSC Napoli hits Brittany coast
  • Frontline spins-off FPSO business
    FRONTLINE is bringing external investors into its new floating production, storage and offloading venture, Sea Production.
  • Liability insurance hikes to hit ferry sector
    PASSENGERSHIP operators face increases of up 40% in their liability insurance costs under a deal being finalised.

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Fairplayweb site
FEBRUARY 1, 2007
  • Abuja hosts African maritime conference
    THE first conference of maritime ministers of African Union countries is due to be held in Abuja, the Nigerian capital, on February 19-23
  • African migrants rescued in N Atlantic
    FOURTEEN Senegalese migrants were rescued from a sailing boat in the North Atlantic over the weekend by a Hong Kong-flagged boxship
  • US ethanol imports skyrocket
    THE US more than quadrupled its ethanol imports in 2006 despite steep tariffs designed to protect domestic producers
  • Drifting car carrier towed to port
    THE car carrier Autoprogress was towed into the French port of Brest yesterday after losing propulsive power on Tuesday when a fire broke out in the engine room
  • French seek backing for demolition
  • Waiting time spirals at Newcastle
  • Keppel joins Frontline venture
  • China ship completions soar
  • Taxes eat into Hanjin profits

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The Journal of Commerceweb site
FEBRUARY 1, 2007
  • West Coast containers surged in 2006
    West Coast ports handled 15.4 million TEUs, an increase of eight percent, on surging U.S.-Asia trade that shows no signs of slowing.
  • Maersk restructures U.S. inland network
  • Carriers need 'adequate rates', says Hapag-Lloyd's Mack
  • Port of Seattle container volume falls by 5%
  • Hanjin profits fall
  • Matson Q4 profit up 26%
  • Lines launch North Europe-South America Service
  • i2 net falls in Q2
  • Panalpina, NYK in pact
  • Davidson retires at Union Pacific
  • Commonwealth Business Media names Rodby VP of communications

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Containerisation Internationalweb site
FEBRUARY 1, 2007
  • Asset sales rescue Hanjin as revenues plummet in spite of strong volume growth
    South Korea's Hanjin Shipping said today that its net profits for last year fell 4.6% to KRW460bn (US$490m) despite a 14.8% increase in container volume, to 3.27m teu.
  • South Korea-to-China cargo declines for the first time in five years
  • Novorossiysk stevedore and TransContainer finish blocktrain trials
  • South Korea forecasts 10-11% export growth
  • Re-elected Lula promises funding to cut "Brazil cost" of poor infrastructure
  • TUI shares recover after drop caused by report of expected loss
  • January lull comes to St Petersburg's FCT

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TradeWindsweb site
FEBRUARY 1, 2007
  • Stealthgas fixes four
    Nasdaq-listed Stealthgas is bringing more ships under management of the Vafias-family owned Stealth Maritime Corp.
  • Dohle and Corsair into HCI
    MPC Capital and Harald Christ have sold down in German finance house HCI
  • Qatar frees Koo cape
    Orient Steamship has won release of a capesize after a two-month fight. Now a third party is going after Oceanbulk for arresting the ship.
  • China play pays off
    Matson Navigation's new China-US liner service has made up for the carrier's expired alliance with APL.
  • 'Still shopping for ships'
    Joe Royce-led TBS International has sold a 23-year-old tweendecker for $13m but says it is still on a tonnage hunt.
  • Major savings for Stena
    Swedish owner potentially cuts cost of bond debt by a third.
  • Another queasy cruise
    Second Carnival ship in quick succession struck with suspected norovirus outbreak leaving 74 ill.
  • Cash for Kleimar?
    Angeliki Frangou's Navios Maritime grows its acquisition arsenal with new cheaper bank loan.
  • Greens poleaxe coal cargo
    Polish bulker prevented from unloading at Amsterdam as Greenpeace pushes government on climate change.
  • MNP finishes 19
    Russian yard group has been busy on vessels for Palmali, Svithoid and Caspian Shipping in 2006.
  • New ships for UDSC
    Ukrainian owner receives government cash to build dry cargoships at domestic Kilia yard.
  • The Americans are coming
    ReedSmith shakes up London law scene as it throws bash to launch Richards Butler merger.
  • Hanjin Heavy ups Subic spend
    Budget for Filipino dockyard leaps 75% as Korean yard pursues expansion.
  • Tesma and Stromme to go
    Axel Eitzen's marine services group rebranding subsidiaries under EMS name.
  • K Line confirms S America run
    Japanese owner teams with CSCL, Hatsu and Maruba from Europe.
  • Frontline in FPSO spin
    Norwegian tanker owner forming separate production company and will buy two aframaxes from John Fredriksen for conversion.
  • Siba heading down underground
    Italian bulker and livestock carrier owner diversifies into mining with Aussie investment.
  • Hanjin hobbles
    Korean shipowner sees operating result plummet 75% in 2006 as won rises and freight rates fall.
  • HHI hits new high
    Profit nearly quadruples at Korean shipbuilding giant in 2006 as productivity improved for higher-value vessels.
  • Mipo minted
    Korean yard almost doubles annual profit on back of increased orders, high vessel prices and low steel costs.
  • Yantai inks rig deal
    Chinese shipbuilder to build semi-submersible drilling rig for Norway's Awilco Offshore.

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American Shipperweb site
FEBRUARY 1, 2007
  • Maersk restructuring inland services, citing trade imbalance
  • Hanjin's profit down 4.6% in 2006
  • Four new carriers starting North Europe/East Coast South America loop
  • Matson's profit up for 4th quarter, down for year
  • Hapag-Lloyd's Mack says integration with CP complete
  • Coast Guard: "Hyundai Confidence" back in service
  • FedEx completes takeover of Indian express provider Prakash
  • Truck e-manifest system operates smoothly after big hiccup
  • House approves $3.4 billion increase for highways
  • C.H. Robinson's 4th quarter profit up 24%
  • Bush, U.S. business push for fast-track trade authority
  • Panalpina, NYK Group link up
  • Kuehne + Nagel managing textile logistics for Swiss fashion store
  • Jordan forwarder joins United Shipping
  • Worldwide Project Consortium gains Vietnamese partner
  • Fregoso new VP at Corrigan's
  • New York Container Terminal deepens berth

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The Scandinavian Shipping Gazetteweb site
FEBRUARY 1, 2007
  • Cruise ships to buy power in Norwegian ports
    Norway is likely to demand that visiting cruise ships buy electric power in ports to prevent CO2 and NOX emissions ...
  • Eidesvik takes stake in B+H
    Kristian Eidesvik has, through his investment arm, Caiano A/S, bought 6.5 per cent of the share capital of B ...
  • Norway Line with drug problems on Hanstholm-service
    A steady traffic with drug-addicted persons has created a new challenge for Norway Line on their Bergen/Stavanger-Hanstholm service. When ...

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The Bunker Bulletinweb site
FEBRUARY 1, 2007
  • PDVSA boosts barge fleet
    Supplier launching two new barges to service Venezuelan ports.
  • Greece to host unique Bunker Summit
    Bunkerworld teams up with Petrospot to deliver a unique four-day Bunker Summit in Athens in May 8-11.
  • BP Shipping in emissions control technology deal
    First tanker with scrubbing equipment could soon be a reality.
  • New Fuel Manager at ZIM
  • 'Scrubbers are not the answer'
    Shipping industry should support "a global 'one-fuel' solution" says owner.
  • Rotterdam market continues to be firm
  • Helios terminal will have 'competitive edge'
    Marine fuel supplier still aims to acquire entire Singapore terminal.
  • Singapore: Stocks of residual fuel and distillates down
  • Singapore faces acute fuel oil shortage
    Bad weather in the Baltic and Black Sea delays loadings for Asia-bound cargoes.
  • Asia sees average Western cargo influx in March
    More than two million mt of Western cargoes are expected into Asia in March.

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