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| JULY 5, 2007 |
Shipping News
- IMO turns to UN Security Council again to stem piracy off Somalia
A renewed surge of piracy and armed attacks on shipping off the coast of Somalia has prompted the International Maritime Organisation's governing council to ask the United Nations (UN) Security Council to look into the issue.
- China Merchants may add bulk terminals as raw material imports surge
China Merchants Holdings (International) Co, the owner of stakes in the country's five largest container ports, may invest in more dry-bulk terminals because of surging Chinese imports of iron ore and coal.
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- AADA to impose peak season surcharge from August
- CMA CGM chief sees Maersk limping, rate slumps behind, good times ahead
- IAS-Trinium gives MOL 'first and last mile' box visibility
- TICT takes delivery of two mobile cranes for Syrian terminal
- Toll Holdings to take full control of Toll NZ Limited
- Shippers vote Kuehne + Nagel North America best 3PL firm in 2007
- China Southern-Air France cargo JV talks gain momentum
- SAS raises stake in Spanair to 100pc for divestment
- UAE's Empost exhibits at Munich's air cargo logistics fair
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| JULY 5, 2007 |
- Capacity shortage fears level off plunging cost of crude transport
- Imports of sensitive items decline in April
- Superb show by MICT
- VPT team wins cricket match
- CoPT awards Jaisu Shipping contract for maintenance dredging of channel
- Dhamra port slated to begin operations in April 2010
- L&T’s mega shipyard to come up near Kattupalli port in Tamil Nadu
- India, Japan sign MoU for $ 90-bn Mumbai-Delhi industrial corridor
- Need for world class packaging solutions stressed at Dynamic Logistics’ seminar
- CONCOR runs first double-stack box train ex-MICT to ICD-Jaipur
- Textile committee member
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| JULY 4, 2007 |
- InterManager seeks transparency and "reasonable earnings"
- ISS buys ShipNet
- Eidesvik orders seismic vessels from Ulstein
- Hamburg Süd, Senator split on Southern Route
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| JULY 4, 2007 |
- Salomon & Partner to offer 'alternative' fund
NEW scheme to be launched in September promises alternatives to traditional financing options.
- Salomon & Partner to launch auction vehicle
- Bullish won threatens Korean yards profitability
SURGE in ship orders sees a strengthening Won that could come back to bite shipbuilders.
- Hamburg Süd and Senator Lines end 'marriage'
LINES to part ways in their current joint Mediterranean Service from August.
- Italy invests in the future
SHIPOWNERS, tug operators and unions join forces to solve a looming recruitment crisis.
- Listening to the users
IT is hoped the development of the e-navigation regime will consider seafarers' needs.
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| JULY 4, 2007 |
- Agents on migrant watch
Port agents with offices in southern Europe have been warned to watch for attempts to smuggle migrants under cover of crew-change arrangements
- Essar, Adani eye dredging potential
MUMBAI-based Essar Group and Adani in Ahmedabad, both with large shipping/port interests, are to expand in the dredging sector
- UK minister 'keen on green'
JIM Fitzpatrick, the UK’s new shipping minister, does not seem to have any shipping experience but is reported to be keen on the environment
- Aliança to upgrade Manaus link
BRAZILIAN flag carrier Aliança Navegaçao is to launch a new express service from the jungle port and city of Manaus to Santos from the beginning of August
- Russian tanker loading expands
BOOKINGS for tanker loading of Russian crude oil exports this month look to be growing at about 5%, more than the growth of oil production
- Choose to cruise threat at Palma
PALMA stands to lose lucrative turnaround cruise calls unless a cruise terminal is built at the Balearic Island port, it was warned today
- Singapore lines up cruise majors
- Broström sells stake in agent
- Volkswerft sale to Hegemann agreed
- IMO joins migrant taskforce
- Panama seafarer ID still in the works
- HK trucker dies after container fall
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| JULY 4, 2007 |
- ISS buys ShipNet
- JSC Novoroslesexport terminal to be enlarged
- Advance International Transport secures equipment
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| JULY 4, 2007 |
- Vroon reaches into Med
Dutch owner snaps up two anchor-handlers with ongoing charters in Italy.
- Stralsund sold
Maersk's German yard bought by Hegemann for tie-up with Peene Werft.
- Box blast has CMA CGM fuming
French giant draws Chinese shippers’ attention to hazardous cargo declaration after box explodes.
- EMS share bonanza
Boss Justad baffled but pleased by 55% surge in stock price on Wednesday.
- Lone bidder for SNM
It could be second time lucky for Romania’s Midia Shipyard as it seeks to buy Mangalia facility.
- Volumes up at Imarex
Norwegian derivatives broker sees second-quarter volumes rise with dry-bulk leading the way.
- L&T heads east
Indian group close to naming Chennai port as site for new mega-shipyard.
- Inchcape buys OMS
Dubai-owned port agency snaps up Aussie operation owned by DP World.
- Crew rescued off India
Indian Air Force takes 18 crew members of Iraqi tanker to safety as vessel lists off Gujarat.
- More legal action for BC
Sons of couple who died in Queen of the North sinking sue Canadian owner and three crew.
- STX mum on sextet order
Mystery Middle Eastern buyer behind order for six bulk-carriers at Korean yard for $317m.
- Pension fund buys more Wartsila
Varma Mutual is second biggest shareholder in Finnish engine maker with nearly a tenth of votes.
- MISC inks new order?
Malaysian giant linked to deal for six palm oil tankers for domestic exports.
- Fulford’s ‘incentive’
Clarkson’s chief executive awarded $1.6m worth of free shares provided he stays until 2010.
- Beluga goes for jumboisation
German heavylift specialist sends two ships for lengthening at domestic yard MWB Motorenwerke.
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| JULY 4, 2007 |
- No leave to appeal in Gotland case
The Supreme Court in Finland did not grant the state prosecutor leave to appeal in the so-called Gotland bribery ...
- Another coaster feared hi-jack off Somalia
Another coastal ship is feared hi-jacked by pirates from Somalia. A coaster named Sea Prince is missing in the
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| JULY 4, 2007 |
- Pipeline project moves ahead
Fujairah pipeline project looks for engineering and design contractors.
- Mexican market 'set to grow'
Prices are now regionally competitive and likely to remain so 'for some time'.
- New record quarter for IMAREX
Exchange continues to expand but activity in fuel oil derivatives lagging behind previous quarters.
- Oil leak contained by 'absorbent trench'
UK supplies confirmed leak of 32,000 litres of fuel.
- EC to rule on OW Bunker sale this month
Sale to private equity group being treated as 'uncontroversial'
- Congestion at Rotterdam's terminals clears
Players report strong demand; some warn of shortage of blended material.
- Chemoil forms storage and shipping subsidiaries
Chemoil says the move is part of its efforts to rationalise operations.
- ARA market remains firm
- Nippon buys spot bunkers in Singapore
Japanese refiner buys spot 380 cst from South Korean supplier after forming a strategic alliance.
- Pakistan chooses Middle East over Singapore
PSO will continue to import fuel oil from the Middle East, leaving Singapore to play only a marginal role.
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