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| JUNE 4, 2007 |
Shipping News
- Caribbean crude oil rates slip on surplus inventories
RATES to ship crude oil from the Caribbean basin fell for a third day as refinery maintenance and repairs helped create a surplus of crude oil along the US Gulf Coast and mid-continent.
- Danish cargo ship captured by pirates off Somalia coast
PIRATES have captured the Danish cargo ship Danica White off the coast of Somalia, its owner said on Saturday.
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| JUNE 4, 2007 |
- China establishes terminal with CMA CGM, Deutsche Bahn and Zim
- MOL signs space charter deal with Sinotrans
- China builds its biggest containership ever - 8,530 TEU
- Construction of Vladivostok container terminal to start this summer
- Hamburg Sud cuts NY service from 2 to 1 terminal calls
- Israeli-Dutch tamper alarm moves to container shipping market
- Tacoma names new director of commercial strategy
- China Southern to hire pilots who pay for their own training
- Airfreight demand growth sluggish while sea cargo booms: IATA
- HK Express Airways appoints Hactl
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| JUNE 4, 2007 |
- Hind Freight AGS India completes a year of successful operations
- Dredging biz now the giants’ rage
- Parekh Marine Agencies effectively coordinates deft delivery of 4 cranes to ABGKCT
- GE Shipping sets up subsidiary in Mauritius
- Shreyas Shipping & Logistics posts excellent Q4 results
- Exports boom by 23 pc in April
- Wheat import tender cancelled with global prices ruling too high
- Nafed floats tender to import yellow peas
- 9,000-t capacity warehouse inaugurated at PHCT Whitefield
- CONCOR’s ICD-Pithampur posts new throughput record
- Nath asks industry to specify steps for countering surging rupee
- BoA formally clears 22 SEZ projects
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| JUNE 1, 2007 |
- Swiss Shippers Council elects board
- Grimaldi Group purchases a 14% stake in Anek Lines
- Chinese businessman buys German airport
- SBB and SNCF strengthen collaboration
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| JUNE 1, 2007 |
- Intermanager to tackle "key issues"
- "Don't panic over lost records" Filipino seafarers are told
- Belships orders five
- Hamburg goes Global at NY
- UK box port green light
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| JUNE 1, 2007 |
- NGSS gets $2.4 billion LHA 6 award
- MacGregor establishes offshore division
- Seaspan International orders 6,500 bhp tug
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| JUNE 1, 2007 |
- NAFTA trading partners see record month for transport
- US rail freight numbers continue downward trend
- Coast Guard bringing back Coastal Warning Display program
- Cargill taps Vandenakker to head Ocean Transportation arm
- Inspection user fees now set for Canadian produce crossing border
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| JUNE 1, 2007 |
- Globus hits share price target for London AIM listing
GLOBUS set to become third Greek shipping company with stock quotation in London.
- Globus sets sail for London AIM listing
- Jinhui splashes out $328m on supramax order
BULK shipping company spends $328m on eight supramaxes at China’s Shanghai Shipyard.
- Intercargo warns of changes to scrapping system
SHIPOWNERS may have to pay to scrap their vessels rather than be paid in future.
- Why bigger is always better for cruiseships
BEYOND the orderbooks and cut throat competition, success in the cruise sector is all about keeping the passengers happy.
- On the frontiers
AS the debate about rescuing migrants at sea rages on, it is shipping that finds itself on the frontier.
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| JUNE 1, 2007 |
- RCCL presses biofuels case
MIAMI 01 June – Royal Caribbean Cruises Ltd (RCCL) is forging ahead with legal action against National Biofuels (NBF), one of several suppliers for the line’s fledgling biofuels programme
- EC will consider state aid guidelines
THE EC will consider establishing state aid guidelines for port investments, EC transport commissioner Jacques Barrot announced today
- APM to bid in Spain and Morocco
AP Moller-Maersk is poised to make bids for rival container terminal tenders at Algeciras in Spain and Morocco after dismissing claims of future box overcapacity
- A&P Tyne wins recycling approval
A&P Tyne, part of the UK's largest shiprepair business, has had an application to carry out ship recycling approved by South Tyne Council
- Norway seeks green shipping policy
NORWAY is pushing to become the world's first 'carbon-neutral' country, but regards transport of oil as more harmful to the environment than oil exploration
- OMI majority stake changes hands
TEEKAY and Torm have now acquired majority ownership of OMI Corp, the three companies confirmed in a joint statement
- UK yards in CalMac newbuild bid
- DVDs used to train illiterate crews
- Seafarer processing delayed by fire
- Warning of Gib strait overcapacity
- Demolition ships should be inspected
- Norovirus suspected on Star vessel
- Police jail LNG protest leader
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| JUNE 1, 2007 |
- Ag shippers hit container fees planned for LA-Long Beach clean-air plan
Shippers say that clean-air proposal could add $500 to cost of moving a container through Southern California ports.
- Coast Guard re-formalizes storm flag system
- U.S. changes fumigant rules
- MOL centralizes Europe ops
- India lines hike rates
- Weekly drop for rail loads
- C.H. Powell joins Tandem network
- New COO for Pacer logistics
- Concor extends inland discount
- April truck tonnage off
- Project network adds Guam
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| JUNE 1, 2007 |
- Weighty problems on the horizon for European/Far East shippers?
This week Hapag-Lloyd, in a typically straightforward manner, announced that it would be limiting the transport of heavy containers on the Europe – Far East route.
- NOL starts India rail services
- Rio de Janeiro open for larger ships
- H-L/HS and Maersk restructure their USWC/ANZ services
- Deutsche Bahn on the acquisition trail again
- TNT Freight Management rebranded
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| JUNE 1, 2007 |
- Blystad buys Ghandour VLCCs
Brokers say Norway’s Arne Blystad has picked up a pair of 2000-built tankers from the ‘bedplate cracking’ generation.
- Globus warming
Greek bulker owner Globus Maritime nears London listing after raising $50m through 30% share sale at near $6 a pop.
- Critical in Chile
The first mate and a crewman on a new Japanese chemical carrier are in critical condition after inhaling sulfuric acid.
- Kleven keeps it in the family
Norwegian yard’s controlling shareholders take up option to buy 51% holding acquired by Havila.
- Fisher seals bareboat deals
UK owner fulfils promise to sell and charter back three small tankers it acquired through Everard takeover last year.
- Spanish yard wins mining ship
La Naval to build specialist vessel for Holland’s Jan De Nul for Solwara 1 project off Papua New Guinea.
- Price puts off Odfjell
Norwegian owner lets two options for chemical tankers lapse at Szczecin in Poland.
- Grimaldi grabs eight
Italian owner in EUR 600m spend on eight units with at least two firmed options at Fincantieri.
- Greek bulkers held in UK
Two Greek-owned units make MCA April detentions list with Panama-flagged ship still held after collision.
- Late surge for Shreyas
Indian boxship owner improves profit in fourth quarter, but not enough to stop annual figure dropping.
- D-Day in Dublin
Irish takeover panel imposes deadline of 13 June for ICG suitors to bring firm bid to the table.
- Irving seals deal for trio
Canadian shipbuilding group bags order from Atlantic Reyser for LNG escort tugs.
- Star Maritime wins seventh charter
Petros Pappas’s new owning venture secures two-year deal for supramax with HMM.
- Captain vanishes from Navibulgar ship
Search called off after two days for Bulgarian captain who disappeared from bulker off Cape Verde Islands.
- MNP unveils tanker plan
Russian yard group and Turkey’s Palmali reveal more details of 47-ship state tender.
- IHB on the up
Owner of Bulgaria’s Varna Shipyard pushes up first quarter profit as revenues rise.
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| JUNE 1, 2007 |
- IPBCC, EMERA conferences seek rate increases
- CTSA hiking fuel recovery surcharges
- OMI takeover moves forward
- SeaChange raises funds for expansion
- Hamburg Süd consolidates New York terminal operations
- NTSB: New Delhi Express grounding could have been avoided
- McLean center’s focus on container shipping history
- Delta adding flights to Dubai, Pisa
- 1Q GDP slowed to crawl, but freight carriers’ prospects could brighten
- APL launches private rail service in India linking Delhi to Mumbai
- CEVA posts net losses for 2006, first quarter 2007
- U.S. companies sign $100 million in Cuba food deals
- Green light for yellowfin tuna imports
- DSV moves into Middle East market with takeover of Dubai company
- London Gateway approval welcomed
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| JUNE 1, 2007 |
- Danish ferries threatened by strike
The Danish domestic ferries could be part embroiled in an industrial conflict during the summer. The Seamans Union (Sømændenes Forbund ...
- Soon possible with foreign masters on Finnish vessels
Soon it will be possible also for citizens in the European Union and in the European Economic Area to become ...
- Norway’s fleet up 5.2 per cent in one year
Norway’s foreign-going merchant fleet increased by 5.2 per cent in 40.7 million DWT the 12 months to the end ...
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| JUNE 1, 2007 |
- Shore power: $1.5 million per ton of emissions
California releasing preliminary cost figures showing cost of pollution reductions.
- Prices surge in Singapore bunker market
Trader says market is "not exactly oversupplied".
- Rotterdam on course for new bunker record
After strong Q1, Rotterdam bunker fuel sales could hit 14 million tonnes in 2007.
- ARACON 2007: Lucky draw for Poll participant
Winner of prize draw for a free delegate pass to ARACON 2007 announced.
- Tankers could use volatile gases as bunker fuel
Norwegian Government urged to back research into an alternative to conventional bunkers.
- Thailand bunker fuels 'on spec' says PTT
State-owned oil company says sales volumes dropped following bunker alerts.
- Tiny take-up of LSFO offerings in Spanish ports
Supplier pins hopes on second SECA to justify investments made in LSFO supply ability.
- Sea Trader moves office
- Praxis opens Singapore office
Brokering and trading house will focus on Singapore's physical market.
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