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27 January 2020 The on-line newspaper devoted to the world of transports 13:19 GMT+1

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The Business Timesweb site
FEBRUARY 7, 2007
Shipping News
  • Shipping downturn bottoming out
    THE downturn in the global container shipping sector has nearly bottomed out with the start of a cyclical upturn expected by 2008 bringing with it a 5 per cent rise in freight rates across all major trades, according to a bullish new Credit Suisse report.
  • Royal Caribbean posts US$46.6m Q4 earnings
    ROYAL Caribbean Cruises, the world's second-largest cruise operator, posted its first fourth-quarter profit since 2002 on revenue from its Freedom of the Seas ship.
  • PSA Int'l signs accord to run Pakistan port
    PSA International announced yesterday the signing of a 40-year concession agreement to run Pakistan's China-built multi-purpose port at Gwadar, confirming several earlier media reports about the deal.
Strait Talk
  • Get real on minimum manning
    AS A RULE, the statements coming from the International Shipping Federation are well thought out and sensible.

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Sched Netweb site
FEBRUARY 7, 2007
  • Software firm sees disaster July 1 with new UK customs system
  • Liaoning foreign trade value up 18pc last year
  • Lianyungang handled 60,000 TEU sea-rail intermodal boxes in 2006
  • Singapore's PSA granted investment licence for new port in Vietnam
  • Idaho becomes ACE compliant at Canadian border points
  • Geodis launches new web site
  • Lufthansa Cargo starts company for airfreight handling
  • QantasLink to expand regional aircraft fleet
  • Sun Hung Kai Properties, Cathay Pacific vie for HK terminal contract

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Exim Indiaweb site
FEBRUARY 7, 2007
  • Shipowners spent whopping $ 106 bn on fleet expansion in 2006
  • Used rigs become costlier than new ones
  • SKS (Ship), IWAI form JV to build & operate small ships on waterways
  • Dumping duty/CVD on Chinese industrial products mooted
  • MoS for formation of council to resolve port sector issues
  • India may help Myanmar develop Sittwe port to benefit of N-E states
  • Sesa Goa now using NMP to export ore
  • Vizag Port excels again in alumina powder discharge
  • Lalu rules out private sector role in Rlys' core sector
  • Foreign airlines may be allowed 49 pc stake in cargo operations
  • China executes projects on time, says Chidambaram
  • Petro production boosts core sector growth to 8.3 pc in Dec.
  • Subsidy for pepper export withdrawn
  • Optimism builds up on GDP growth rate
  • Team visits China, Singapore to study SEZ tax sops

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International Transport Journalweb site
FEBRUARY 7, 2007
  • Fonseca new COO of TNT Express Western Europe
  • CREATE3S - a new short sea shipping concept
  • DHL launches domestic express airfreight service in China
  • Serbia: Zelvoz rail carriage factory up for sale

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Maritime Global Netweb site
FEBRUARY 6, 2007
  • Golden Ocean fixes capesize vessels
  • Famous Pacific looks for a boss
  • PSA in Vietnam port project
  • WWL picks Iversen

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Marine Logweb site
FEBRUARY 6, 2007
  • AAPA: Budget underfunds port security, dredging
  • Statoil signs emergency response vessel LOI's

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Lloyd's Listweb site
FEBRUARY 7, 2007
  • BP takes control
    OIL major takes back control of ships' officers in its growing fleet from the hands of Dorchester Atlantic Marine.
  • BP looks at fitting scrubbers on new tankers
  • Panama signs-up for IMO flag-state audit
    THE Panama Maritime Authority has submitted a formal application to participate in the voluntary flag state audit.
  • More Calls for novel approach to tackle ship emissions
    INTERNATIONAL Chamber of Shipping proposes new 'goal-based' approach, by encouraging innovation, and balancing it against the available technology.

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Fairplayweb site
FEBRUARY 6, 2007
  • Euro cruise 'now worth $10.75Bn'
    BRUSSELS 06 February ' European cruise tourism is currently valued at €8.3Bn ($10.75Bn) in direct expenditure, according to figures released by the European Cruise Council
  • Defence clock ticking for Trafigura
    COMMODITY trader and charterer Trafigura has been given until June to file a defence in the UK High Court against a claim by poisoning victims in the Ivory Coast last year
  • Russian oil export plans clarified
    THE Russian companies in charge of a new crude oil export pipeline to the Aegean have set up a formal consortium, but President Putin says he favours direct deliveries
  • Tirrenia goes head-to-head
    ITALIAN state-controlled ferry operator Tirrenia di Navigazione is to open its five top routes to competition from private sector operators, without the benefit of subsidies
  • Rickmers to raise $300M from listing
    GERMANY'S Rickmers is to raise about $300M from a listing in Singapore of a business trust based on its container vessels, financial sources said today
  • Hugo strengthens ties with Requiaos
    THE special relationship between Venezuela president Hugo Chavez and Brazil's Requiao brothers has marked another milestone
  • Celebrity confirms technical fixes
  • Cruise shares dip on outlook
  • Owners shocked by Pan Canal toll hike
  • Over-ordering 'could burst bubble'

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The Journal of Commerceweb site
FEBRUARY 6, 2007
  • Retailers oppose all-scan, urge Congress to support scan pilot program
    National Retail Federation urges Senate Committee to reject proposal to add 100-percent scanning of U.S.-bound cargo to recently-passed House security legislation.
  • Port of Tacoma expects slim TEU growth in 2007
  • U.S. air cargo falls
  • Marad will require MSP repairs in U.S. yards
  • Customs Update: H.R. 1 and more data requirements
  • Little delay expected for Wilmington cranes after mishap
  • India port strike postponed
  • KCS hits profit mark
  • APL's Agron to Customs trade security panel
  • New chief for UK's ABP
  • PSA gets Gwadar terminal

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Containerisation Internationalweb site
FEBRUARY 6, 2007
  • UPDATED: CSCL in talks to buy stake in UK truck firm
    China Shipping Container Lines is in negotiations to acquire shares in a truck company based in the UK.
  • Long Beach proposes new container terminal
  • Hutchison, APM Terminals look for Brisbane stake
  • Heavy rain curbs box-traffic at Indonesian hub
  • Alianca to press ahead with new terminal despite increasing S. Brazilian capacity
  • Rickmers Group to raise US$300m through boxship-trust listing in Singapore
  • Australian shippers face rising charges
  • Box backlog diminishing at Deltaport
  • PSA projects Gwadar as part of network, with added spur to inland links
  • Northern Europe sees biggest rises in December retail spending

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TradeWindsweb site
FEBRUARY 6, 2007
  • 'The mini Frontline'
    US analyst thinks Golden Ocean's relationship with SFI will literally pay big dividends.
  • Finance costs hit USS
    Profits fall 70% for tanker and barge operator in 2006, as trouble mounts on latest newbuilding.
  • US Shipping, Chinese hulls
    Jones Act power is serious about double-hulling up to six elderly ITBs, but not in US shipyards.
  • Rickmers for Lion listing?
    Favourable Singapore tax exemptions could tempt German boxship owner into $300m shipping fund listing.
  • BLRT to benefit
    Norway's Fiskerstrand to use Estonian yard group for hull work after new Saaremaa order.
  • PTSC sets sights on IPO
    Philippines National Oil Co's shipping arm wants two more tankers to boost value ahead of listing.
  • Gibson taps Richardson
    Master helmsman fingered to take over as next head of UK broker.
  • BP in manning overhaul
    Oil major to take direct control of officer recruitment after ending twenty-year relationship with Dorchester Marine.
  • SCI orders two MRs in China
    Jingling Shipyard to build two 47,000-dwt product tankers for Shipping Corp of India.
  • Malaysia mobilises Malacca force
    Coast guard agency wants new patrol ships and thousands more staff to combat piracy.
  • Damen teams with Vinashin
    New Dutch-Vietnamese joint venture yard in Haiphong will focus on offshore ships and tugs.
  • NSCSA opts out
    Saudi VLCC owner exits one-ship chemical carrier joint venture with boxship player UASC, netting $4m profit.
  • Svithoid makes it six
    Long-term charter of Turkish tanker adds to Swedish newcomer's growing fleet.
  • Samskip swallows Saltire
    Icelandic reefer player buys Scottish NVOCC to broaden UK reach.
  • Ship pilot missing in US
    Search reportedly called off for man who fell into sea while transferring to US-flagged bulk carrier.
  • Action averted downunder
    Standoff between ITF and Greek capesize owner halted after co-ordinator boards vessel in Australia at second attempt.
  • Precious pockets $40m
    Thai shipowner rakes in the cash after fleet spring-clean.
  • Vinashin unveils offshore unit
    New subsidiary Vinaoffshore to build floating storage and offloading ships.
  • SFI bags GOG pair
    Two Golden Ocean capesize newbuildings at Daehan sold to Ship Finance International and leased back for 15 years.
  • Wartsila in dreamland
    Finnish ship engine maker calls 2006 the best year in the history of modern shipbuilding.
  • Kuribayashi keeps profit coming
    Japanese owner continues earnings resurrection with strong nine-month result.
  • PGS adds one
    Norwegian offshore vessel owner charters in eleventh ship for seismic survey work.
  • Precious sells Wana Naree
    Bangkok-based shipowner sheds first tonnage of 2007 with sale of 1980-built handysize bulker.

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American Shipperweb site
FEBRUARY 6, 2007
  • Asian carriers' shares jump after ratings upgrade
  • FEFC doubling St. Petersburg emergency surcharge
  • Wallenius Wilhelmsen selects Iversen as president, CEO
  • CTSA's bunker surcharges stay put
  • Rickmers Group names three box ships
  • FastShip seeking cargo commitments
  • Evergreen's Chang receives Tan Sri title from Malaysia
  • Pilot missing in Delaware Bay
  • United's January cargo down 11%
  • SAS Cargo appoints Knudsen VP of global sales
  • Bush seeks $67 billion for DOT
  • FedEx Freight launches long-haul LTL service
  • DHS requests 8% budget increase
  • Texas firm to alter face of California fuel market
  • Kuehne + Nagel buys Norwegian customs clearance firm
  • TDS Logistics, Walsh Western merge
  • CORRECTION: H.R. 1 comes with hefty price tag
  • Famous Pacific looking to fill new role
  • AAPA frustrated by funding level for dredging
  • Panama Canal releases addition details on toll hikes
  • RBS gives Ontario Teachers credit facility for terminals
  • PSA signs 40-year Gwadar concession
  • Port of Los Angeles commissioners doubt need for new oil terminals
  • ABP selects Jones to replace Lerenius
  • "Queen Mary 2" sets record for San Francisco Bay

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The Scandinavian Shipping Gazetteweb site
FEBRUARY 6, 2007
  • Former Sovjet submarine sank off the Danish coast
    A former Sovjet submarine of the Whiskey class sank yesterday some 25 nautical miles off Thybor'n on the Danish westcoast ...
  • Sweeping WW management changes
    Nils Petter Dyvik is to step down as president and CEO of Wallenius Wilhelmsen Logistics (WWL) from 1 April to ...
  • Golden Ocean sells to SFI and b/b charter back
    John Fredriksen controlled Golden Ocean sells two 170,000 DWT capesize newbuildings from Daehan Shipbuilding in China to Ship Finance International ...

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The Bunker Bulletinweb site
FEBRUARY 6, 2007
  • Fresh look at scrubbers
    Wärtsilä says its marine scrubber portfolio will include scrubbers with a difference.
  • Lube producers brace for REACH Legislation
    New European chemicals legislation will challenge lube manufacturers but may have limited cost impact for marine lube buyers.
  • ARA market remains firm
  • Hopes fade for an end to Mumbai bunker crisis
    State authorities "still deliberating" as bunker volumes fall.
  • Asian market faces price surge
    Taiwan's CPC raises posted prices to curb "huge buying demand" from owners searching for fuel in tight East Asian market.

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