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| SEPTEMBER 3, 2007 |
Shipping News
- Close cooperation reduces Straits piracy dramatically
Increased cooperation among the littoral states of Malaysia, Indonesia and Singapore has reduced the incidence of piracy along the Straits of Malacca dramatically, Malaysia's Deputy Prime Minister Najib Tun Razak says.
- Maersk ups box rates for Med-N America route
AP Moeller-Maersk's shipping line, the world's largest, will raise prices for carrying containers from the Mediterranean Sea to North America and Guam to help restore the division to profit.
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| SEPTEMBER 3, 2007 |
- XICT welcomes MSC service
- Port of Tauranga says net profit rose 22pc in FY06-07
- Portek sees profits sink 89pc in FY07
- TranSec host expo in India
- Port of Tacoma contractors commence work on new wharf
- Qantas buys Asian freight operator
- PAL Q1 profit soars 101pc
- EgyptAir buys five Airbus aircraft
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| SEPTEMBER 3, 2007 |
- Tushar Jani elected AMTOI President for 2007-08, Sailesh Bhatia Vice-President
- Baalu inaugurates Seaways� new corporate office in Hyderabad
- Petronet shortlists 3 bidders to develop LNG terminal at Puthuvypeen
- Terminal operators� approach to coastal box transhipment discouraging-ICC
- ABG delivers vessel to Dutch co.
- Indo-Thai trade getting onto fast track�Kamal Nath
- Exim Bank to raise Rs 15,000 cr. this fiscal
- Only New Mangalore Port can import arecanut-DGFT
- Dedicated textile cargo handling facilities at seaports & airports under study
- EEPC to focus on EPO
- Nalco bags EEPC Award
- FDI policy by mid-Sept.-Kamal Nath
- Chidambaram projects 9 pc growth this fiscal
- Forex reserves swell to $ 228.849 bn
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| AUGUST 31, 2007 |
- Uruguay ignores Argentine port protest
- Aker to build 2 more AHTS
- FEFC publishes new eastbound tariff
- Sea of Solutions' new offshore vessel
- Eitzen Maritime Services' "positive" Q2
- New rules for Buzzards Bay
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| AUGUST 31, 2007 |
- Aker Yards wins $291.5 million AHTS order
- ABG Shipyard delivers diving support vessel
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| AUGUST 31, 2007 |
- Clatsop County planning board gives go ahead to LNG facility project
- US rail freight traffic sees drop in totals for week
- Work temporarily closing Port of Bellingham Marine Park
- Month of June sees jump in trade between NAFTA partners
- Port Olympia sets hearing to discuss property sale
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| AUGUST 31, 2007 |
- Jiafu tipped to be next Chongqing Mayor
LOCAL speculation puts Cosco chief in frame for Mayor role of Chinese city.
- Two seafarers die after collision off Haifa
ISRAELI forces retrieve bodies of two seafarers after vessel sinks following collision with Cypriot cruise ship.
- Torm unveils dividend bonanza
SHAREHOLDERS in Danish bulk operator get bumper offering from first-half profits.
- How women are changing the face of world shipping
MARITIME management is a happier ship than ever after coming to terms with the fact that women have entered the industry.
- Experience counts
IT IS, perhaps, the opposite of the virtuous circle � a case of a poor harvest inevitably following inadequate planting.
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| AUGUST 31, 2007 |
- Seafarers missing after Haifa collision
Two Slovak seafarers are missing following a collision between a passenger ship and a small general cargo vessel off the Israeli port of Haifa late yesterday
- Smyril Line future more assured
THE future of the Faroese ferry operator Smyril Line has been put on a sounder footing following agreement of a refinance package
- Greenpeace targets Ontario bulker
AN Algoma Central bulk carrier loaded with thermal coal was caught up in a Greenpeace protest yesterday aimed at the forthcoming provincial election in Ontario
- Labroy scotches resignation rumour
LABROY Marine, the Singapore-based ship and rig builder and repairer, has scotched rumours that chief operating officer Ng Khim Kiong has resignation
- Stena orders complete renewal
STENA Line has placed an order for two more ro-pax vessels for the North Sea, delivery of which will mark a complete renewal of that part of Stena's fleet
- Vinashin expansion takes off
VIETNAM'S state-owned shipbuilder Vinashin is expanding its portfolio of services to air travel in a partnership with Malaysian budget carrier Air-Asia
- Wlasek fires broadside at Maersk
- Newbuilding prices to stay high
- Women to 'man' Korean yard
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| AUGUST 31, 2007 |
- California Trucking Association opposes LA-Long Beach port plan for clean trucks
Trucking industry group responds to study claiming ports' clean-air plan will produce economic benefits of $4.2 billion.
- Maersk ups U.S.-Med fuel fee
- DHX loses appeal in Hawaii rates case
- NYK closing U.S. bulk unit
- Port of Oakland cold-ironing test a success
- Intermodal traffic slips
- New ship joins Maersk fleet
- Rate hike for IPBCC lines
- Eimskip sells air unit
- CMA CGM acquires 30,000 �eco-containers�
- Portland seeks minority protégés
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| AUGUST 31, 2007 |
- Is there a case for fast-tracking port planning applications?
With global trade booming and ship-yards working flat out to construct 12,000TEU plus post-panamax vessels, container terminals will increasingly run out of capacity.
- Relief for SCT as crane upgrade work completes
- Safmarine to pull out of Australia
- Coscon records mixed results
- HMM signals new VIP express rail link Hamburg to Poland
- Truck gate hour changes at New York/New Jersey
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| AUGUST 31, 2007 |
- Taca tries a rise
Better eastbound transatlantic boxship market prompts rate restoration from group of five lines.
- Defective quartet held in Canada
July safety checks end in detention for Zodiac, Dong-A, Unix and MST ships.
- Aker lands big tug duo
Unnamed owner paying $293m for yard group's biggest anchor-handlers yet.
- Liberian fiasco
Incoming maritime commissioner for West African country is facing disbarment in US.
- Ship sinks, two dead off Israel
Bodies of two crew members found after Cypriot cruise ship collides with Israeli cargo vessel off Haifa.
- Imarex basks in profit
Norwegian derivatives broker has turned around last year�s losses in first half as volumes soar.
- Costs hit EMS hard
Staff expenses and restructuring costs chip away at improved revenues at Eitzen Maritime Services.
- Lorenzo gets helping hand
Philippines government to provide tax breaks and other incentives for domestic operator's new cargoship.
- Torm misses Norden cash
Second quarter net profit hit at Danish owner as sale of Norden shares means no dividend payments.
- Evergreen in the pink
Taiwanese box giant flushed with success in first half as net profit soars more than 2600% on asset sales and investment gains.
- Aboitiz buys and sells
Philippine owner snaps up fast ferry company, while offloading Superferry 15 to Heung-A of Korea.
- Vipco to raise cash
Vietnam Petroleum Transport to issue 18m shares to fund purchase of two 16,500-dwt tankers.
- Maersk raises bunker surcharge
Box fees rise 16% between Med and US following oil price hikes.
- Hanjin fixes Genco bulker
South Korean shipowner takes panamax unit Genco Surprise for three years at healthy rate.
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| AUGUST 31, 2007 |
- Busy time at FEFC
- TACA announces eastbound rate hikes
- Maersk increasing Med/U.S. and Canada bunker surcharges
- China Shipping diverting Shenzhen calls
- CTSA fuel recovery surcharges stay the same
- OSG to build Panamax product tankers
- Euroseas adds 14th ship
- Mack joins Columbia Group
- Teamsters, others sue to stop Mexico/U.S. truck plan
- House committee eyes railroad bridge, tunnel safety
- Buffett buys more rail stock
- Ryder to buy Canadian truck leasing firm
- Women In Trucking passes 500 members
- Runaway chlorine tank halted in Las Vegas
- DHX loses appeal over Hawaii rates
- FMC investigates Bronx NVO
- Panama will break ground on canal expansion Monday
- First Vietnamese vessels calls at U.S. port
- Long Beach port receives four new gantry cranes
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| AUGUST 31, 2007 |
- Tax surprise for Norwegian shipowners
Norway�s leftist government is currently considering tax measures that would ease the tax burden for Norwegian shipowners . The measures would ...
- Crew jailed without evidence
A Croatian reefer master, the Lithuanian first mate and a Filipino bosun are held in a Greek high security prison ...
- Torm adjusts outlook
D/S Torm has adjusted its forecast for the whole of 2007 upward. After the first six months, D/S ...
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| AUGUST 31, 2007 |
- Court strikes down California bunker rules
Shubb snubs ARB, forcing agency to comply with federal legislation and seek higher-level approval.
- Profits up at Vopak
Strong first half and high full-year expectations as storage expansion continues.
- Santos supply shrinking in September
- Trader departs from Challaco
Argentine supplier bids farewell to long-standing staff member.
- IFOs run out in Uruguay
Heavy demand and refinery fire causes all available fuel stocks to be sold out.
- New horizons for Peninsula Petroleum
Dubai office gives company presence in another key shipping and energy market.
- Rotterdam market remains firm
- ExxonMobil sells Yanbu cargo to FAL
- Mumbai bonded 380 cst sales delayed
Mumbai suppliers face repeated delays in getting governmental permission to sell bonded 380 cst.
- Singapore: Buyers stay away from bullish market
- Ship sinks after collision
Israeli ship sinks off the port of Haifa; two sailors missing.
- Dalian Port in another oil port project
Joint venture with PetroChina to build terminal in the Xin Gang area of Dalian.
- Maersk increases bunker surcharges
BAF adjusted upwards for routes between the Mediterranean, and the US and Canada.
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