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| OCTOBER 4, 2007 |
Shipping News
- Northwest Passage seen as too risky, impractical for ships
While there has been much talk that Arctic trade routes will open up as northern ice melts, shipping companies and experts say using the fabled Northwest Passage through Canada's Arctic archipelago would be too difficult, too dangerous and totally impractical.
- Evergreen shares hit a high on profit outlook
Evergreen Marine Corp, Taiwan's biggest shipping line, rose as much as 7 per cent to the highest in more than 10 years amid expectations of increased profit.
- Dalian Port may sell asset
Dalian Port (PDA) Co, operator of north China's second-busiest harbour, said it is in talks to sell an asset, a day after its shares had their biggest gain in 17 months.
- California wants ships to clean up their act
- Japan donates ships to combat piracy in Straits of Malacca
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| OCTOBER 4, 2007 |
- Shanghai processing trade growth slows 10.6pc
- Chongqing to invest US$930 million on port facilities
- Ningbo-US trade surges 33.7pc in first eight months
- China Shipping Development to expand fleet
- Wilmington port credited for boosting city's job-creation
- Georgia ports buys 175 acres on Savannah's Hutchinson Island
- Agency Sector Management customs software deals with SAD harmonisation
- Globespeed Greece joins EGSAC after winning Continental contract
- Geodis to acquire German forwarder Rohde & Liesenfeld
- Kuehne + Nagel Thailand wins Labour Welfare award
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| OCTOBER 4, 2007 |
- Sea Consortium to continue to expand in India and other areas-Tristan Howitt
- DCI draws up long-term acquisition plan
- S. Ramdas Pragji awarded prestigious ISO 9001:2000 certificate
- 520 items on sensitive list to get protection
- Export of onion banned for 15 days
- GM edible oil to start flowing
- KoPT chief urges early start to work on Eastern freight corridor
- Rlys may extend freight rate discount on empty flow direction
- Exports post robust 19 pc growth in August
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| OCTOBER 3, 2007 |
- DHL Express names new CEO for Asia Pacific
- Höegh Autoliners to lengthen vessels
- KLM to start Linköping service 2008
- K+N alights in Kaliningrad and at Domodedovo airport
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| OCTOBER 3, 2007 |
- ICS warning on HNS Convention
- Inchcape expands in French Med
- $270 invested in US yards last year
- US Supreme court win for Carnival
- IRI in Japanese deal
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| OCTOBER 3, 2007 |
- California AG seeks EPA action on ship greenhouse gas emissions
- Cat gets some subsidy cream
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| OCTOBER 3, 2007 |
- American Commercial Lines closes Elliott Bay Design Group deal
- Panama Canal Authority announces new records
- Crowley vessels net CSA award for no environmental accidents
- Greenbrier works deal with GATX to operate Mexican railcar facility
- Corps awards contract for La Push dredging work
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| OCTOBER 3, 2007 |
- Panagopulos sells Attica shareholding
SHIPOWNER sells family stakeholding in Attica to Marfin Investment Group for E285m.
- Attica pays €30m for two ro-ros
- European ministers back tracking scheme
TRANSPORT ministers support long range identification and tracking system for shipping.
- Japan looks to privatise port authorities
TOKYO aims to kick start privatisation process in bid for global competitiveness.
- Baltic bedfellows take tanker design to the Max
A BURGEONING relationship between Stena Bulk and Sovcomflot could boost Russian crude oil liftings considerably.
- Too posh to push cargo
NO MARINER who has sailed under the Sydney Harbour bridge can be unmoved by the banishment of cargoships from Darling Harbour.
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| OCTOBER 3, 2007 |
- Windjammer fleet stranded
Windjammer Barefoot Cruises is on the brink of bankruptcy, with all cruises halted and crew stranded
- ICG's 3-way struggle nears climax
BOTH the Carroll property group and the Moonduster Doyle Shipping/One 51 consortium are continuing to buying shares in the Irish Continental Group and at ever increasing prices
- Russian production down, exports up
LATEST oil production and export figures for September show that Russian oil producers produced less, but shipped more oil during the month
- Windjammer crew donations sought
LOYAL passengers of embattled Windjammer Barefoot Cruises are mobilising a cash drive to help feed and support crewmembers aboard stranded vessels
- Tanker firm wants to go public
PETROLIFT, a Philippine domestic tanker operator, plans to go public to raise funds for its ship acquisition and modernisation programme
- Busan beats record in only 8 months
After only eight months of the year, Busan has already beaten last year's record container volume and broken the 10M TEU barrier
- 120-day disability 'is permanent'
- China choking on its own success
- HazNox laws are being poisoned
- Marfin swoops as Pericles sells out
- Eurasia expands Indian operations
- US port bosses urged to dredge
- Singapore goes offshore for storage
- Cobelfret buys into Geest successor
- Topaz enters Saudi offshore market
- Bush pushes for SUA protocol approval
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| OCTOBER 3, 2007 |
- TSA sets TWIC enrollment for Oct. 16
Sign-up for the Transportation Worker Identification Credential will begin at Wilmington, Del.
- Shippers shift plans to avoid U.S. inland jams
- Virginia gets clean-truck program
- Guam drops 19-year-old rate complaint
- NY airfreight up 5.8%
- TOTE, Tacoma revise lease
- U.S. center opens to defend intellectual property
- Export ABCs: Partnering with the Commerce Department
- MSC, Zim seek stakes in Indian operator: Report
- DP World adds India trains
- Japan in Thai trade pact
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| OCTOBER 3, 2007 |
- IPBCC member lines hike rates due to congestion
- US Customs CSI extended to 58 world ports
- Great Yarmouth moves ahead on 250,000TEU terminal
- South American transport corridor would cut east-west journey time by 20 days
- Indamex makes changes
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| OCTOBER 3, 2007 |
- Terminal bid pulled
National Grid bows out of a legal battle to build an LNG terminal in the smallest US state.
- Where's that ship?
The US Coast Guard proposes a rule requiring some ships to transmit data telling authorities their location.
- 'I was alone'
Report by Canada's BC Ferries reveals new details about the sinking of the Queen of the North.
- Hamburg Sud ducks fines
A US administrative judge throws out a request for civil penalties against Hamburg Sud, as the five-year case moves forward on fewer Shipping Act allegations.
- Whisky galore
Scottish ferry operator CalMac laying on extra sailings to cater for booming booze trade from Islay.
- One dead, 10 missing off China
Search is on for crew of fishing vessel capsized by collision with unidentified Chinese ship.
- New UK-flag safety row
Officers' union and government at odds over fire safety on Zodiac car carriers.
- Notes from Excel
Vessel acquisitions listed as possible use for $100m in notes offered to institutional buyers.
- Owners get cold feet
Arctic route is no shortcut, Canadian operator says.
- California gassed up again
California's Attorney General will lobby Washington today to take unilateral action on ship emissions.
- Scandlines brings in Brilliant
Baltic owner chartering pay-row ro-ro Merchant Brilliant for Germany to Finland run.
- Chemoil fuelled up
Company announces plans to build new storage facility in Panama.
- Banks back box venture
New Egyptian container terminal gets major cash injection from UAE banks.
- Diler bags Bulyard duo
Turkish owner signs for a pair of supramaxes at Bulgarian yard in order worth $82m.
- Golden oldies
Pacific Basin cashes in on aging tonnage with another sale and charter back deal.
- Mosvold opts for more
Norwegian owner adds two more anchor-handlers to order at Batamec Shipyard in Indonesia.
- Mia survivors tell of shark horror
Crew from sunken cargoship had to listen to colleagues being eaten alive off the Philippines.
- Temasek sells more
Fifth sale of China Cosco stock since 31 August nets Singapore investment company $85m.
- Green not the colour for Solstad
Major shareholder sells most of its Green Reefers holding in a NOK 74.8m deal.
- New partner for UASC
Qatar Navigation steps in with $50m to develop boxship owner's new chemical carrier company.
- Lines buying in to ABG?
MSC and Zim said to be talking with Indian logistics player ABG Heavy Industries about taking a stake.
- MISC back for bonds
Malaysian owner to sell $735m in Islamic notes three months after pulling US dollar issue.
- Bay bags hand-out
Canadian ferry operator pockets grant of CAD 2.5m to boost US link.
- Euroseas fixes feeder
US-listed Greek owner finds employment for containership Kuo Hsiung at 30% higher rate.
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| OCTOBER 3, 2007 |
- ICS wary of threat to IMO hazardous Convention
- DHS rule would require ships to report position, identity
- Marshall Islands registry boost presence in Japan
- Inchcape completes New Zealand agency takeover, expands into France
- SeaBridge adds advisor, hires investment bank
- Maersk to close maritime training school in Denmark
- Cargo 2000 plans new organization structure
- Fourth N.Y. airport could help alleviate cargo congestion
- NWA Cargo increasing fuel surcharge
- American's cargo down 8.1% in September
- Court postpones hours-of-service rollback
- UP, NS kick off quicker westbound coast-to-coast service
- UPS unveils paperless invoice for international shipping
- Christian Salvesen on verge of $519 million takeover by French rival
- USTR praises new International Coffee Agreement
- Pakistan to join ATA Carnet system
- Savi gains approval for use in Taiwan, Malaysia, and Chile
- FMC reviews 10 OTI license applications
- S. Calif. port officials want Punta Colonet to feed boxes north
- Panama Canal breaks several records in September
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| OCTOBER 3, 2007 |
- Kockumation Group brings established trio together
Kockumation Group is the new, or revived, name of the holding company behind Kockum Sonics which now also controls Polarmarine and Texon Automation. The three companies are brought in under the same umbrella but will still remain as independent companies ...
- Record year for Panama Canal
The last fiscal year, ending in September, became a record year for the Panama Canal. A total of 14,721 vessels, up by 3.7 per cent, passed through the canal, carrying 300 million tons of cargo, an increase by 3 ...
- Color Line in unfair trading investigation
Color Line has permission to carry one-armed bandits onboard their ferries from Norway, while operators like Kystlink and Master Ferries has not got a gambling license. The Norwegian Competition Authority (NCA) (Konkurransetilsynet) has now stated that this gives Color ...
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| OCTOBER 3, 2007 |
- Tough emissions talk in California
Attorney General on the attack, wanting more progress on federal regulations.
- Crude oil little changed after DOE report
Mixed US oil inventory picture in latest weekly report.
- Bunker costs worry NYK president
Management strategies could be impacted by current economic climate.
- Chemoil aims for top bunkering position in Panama
Unveils plans to build storage terminal with total capacity of some 245,000 metric tonnes.
- Kaohsiung: Oil boom charge reduction
- Rotterdam market remains tight
- Buyers embrace bearish bunkers
Singapore traders reporting healthy demand this week.
- Toyota Tsusho to turn physical in Singapore
JV with Singapore operator to build what will be world's largest purpose-built bunker tankers.
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