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| JUNE 7, 2007 |
Shipping News
- Cyclone roars towards Strait of Hormuz after lashing Oman
OMAN evacuated tens of thousands yesterday and closed the major port of Sohar north-west of the capital Muscat, as a weakening Cyclone Gonu roared towards the Strait of Hormuz - the world's major transport artery for Persian Gulf oil.
- Asian spot freight rates for crude tankers remain steady
ASIAN spot freight rates for crude tankers loading from the Middle East were steady yesterday, but some brokers were poised for gains if a cyclone disrupts voyages in the Strait of Hormuz.
- Indonesian shipbuilding sector recovering
THE Indonesian shipbuilding industry is recovering from a two-year-long downturn as shipbuilders benefit from an influx of both domestic and overseas orders, a government official has said.
- TNT set to lose mail delivery monopoly
- DP World to operate, develop Senegal port
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| JUNE 7, 2007 |
- New World starts two Suez and Panama services to Savannah
- Hapag-Lloyd limits shipments of heavy boxes returning to Asia
- Clogged arteries risk health of nations, APL chief tell ministers
- APL IndiaLinx starts rail service on New Delhi-Mumbai line
- CEVA Logistics renews Volkswagen Group UK's 5-year contract
- TNT Freight changes to Geodis Wilson brand name
- China seeks private investment in airfreight industry
- Lufthansa to market Jade Cargo between Frankfurt, Sweden, Shenzhen
- Air-India to begin airfreight services amid hopes industry will take off
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| JUNE 7, 2007 |
- Mercator bags Rs 200-cr. IOC contract
- Principal Container Line conducts brainstorming session
- Minister invites US investors to be part of India’s growth story
- Russia imposes curbs on Indian farm produce
- Pranab asks South Asia to dismantle trade barriers
- MoS’ ambitious national plan for ports awaits Planning commission’s approval
- MoS clears construction of 3 new berths at Vizag Port’s inner harbour
- VCTPL does its mite for greener cover
- TCI remodels road freight index
- India Inc riding the crest of profit wave
- Micro analysis of affected export sectors soon-Pillai
- Formal approval for 24 SEZ projects; in-principle nod for 9
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| JUNE 6, 2007 |
- BIFA names new president and national chairman
- Hapag-Lloyd reducing share of heavy containers
- Emirates takes off for Toronto
- Mosel closed in June
- Microlog-Südkraft rolling to East Europe for Goodyear
- A warm welcome from the ITJ at transport logistic
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| JUNE 6, 2007 |
- BIMCO backs Quality Coastal State concept
- Golden Ocean buys and sells
- UK flag tops Paris MOU
- Intertanko calls for action over high sulphur bunkers
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| JUNE 6, 2007 |
- Guilty plea in marine products bid rigging case
- Incat Crowther to design overnighter
- 2007 Bateman Award goes to Senator Susan Collins
- U.S. mariner LNG training standards agreed
- Contract for first Twin Marine Lifter
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| JUNE 6, 2007 |
- Audit finds Port of Seattle should review some procedures
- Evergreen launches new S-series vessel
- Peregrine falcon family calls Port of Olympia home
- New agreement paves way for US seafarers to crew LNG ships
- Crowley Maritime receiving new boxes, chassis, gen sets
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| JUNE 7, 2007 |
- Bimco launches plans for micro-Secas
GROUP proposes smaller sulphur emission control areas along with a pilot study of quality coastal and port states.
- Bimco unveils third way for air emissions reduction
- Athenian Sea acquitted of 'magic pipe' charges
CALIFORNIAN jury throws out all counts in 'magic pipe’ prosecution against Greek company.
- Indonesian shipbuilding starts to see revival
SHIPBUILDING industry is finally enjoying some benefit from the global boom.
- Ports find refuge under new UK planning rules
COULD port development in the UK finally be freed from decades of bureaucratic inertia with the mooted reform on planning rules?
- Laying to rest the ghosts of recycling
IT is easy to blether on about recycling, but there is a great deal more to this than merely ripping old ships apart.
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| JUNE 6, 2007 |
- US breaking box records
THE NATIONAL Retail Federation predicts the US will hit a new container throughput record in August, but will not suffer congestion problems
- Global oil shut-ins jump
GLOBAL oil supply shut-ins shot up 28% in May compared with April, primarily due to unrest in Nigeria
- Red Funnel Ferries sold yet again
PRUDENTIAL'S infrastructure division has acquired Red Funnel Ferries from HBOS and the operator's staff for more than £200M ($399M)
- LD Lines warns on Newhaven plan
LD Lines, which took over Transmanche Ferries last month, has indicated that it might leave the UK port of Newhaven unless port facilities are improved
- LPG carrier picks up drifting migrants
- Cyclone Gonu heads for Iran
- US sets standard for LNG seafarers
- Golden Ocean grasps opportunities
- 'K' Line opens Indian academy
- Wallem emphasises officer mentoring
- Whistleblowers 'fabricated evidence'
- Oman ports closed as Gonu approaches
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| JUNE 6, 2007 |
- Retailers: Slower peak growth ahead
Growth of container traffic at top U.S. gateways into peak season won't match that of 2006, according to latest Port Tracker survey.
- Cooperation by law enforcement aiding port security
- Customs appoints Winkowski as field operations chief
- Tentative settlement in Canadian Pacific rail strike
- Widdows takes congestion message to Europe
- Logistics costs rise
- CSAV Norasia extends Asia calls
- Maersk adds Piraeus to Scan Med
- Seaway traffic declines
- Pirated goods topped $200B
- Agility wins $2.8B Iraq option
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| JUNE 6, 2007 |
- Maersk revises Scanmed service
- Tentative deal to end CP Rail strike – ‘strike will end in the next few days’
- BLC Baltic Container Line introduces call in Esbjerg
- Madagascar container terminal expansion drives purchase of four new RTGs
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| JUNE 6, 2007 |
- Sovcomflot ship in African rescue
Recently delivered LPG carrier picks up 42 drifters off Cape Verde, one of whom subsequently dies.
- Barely winged
Richard Wingfield denies DoJ any "gotcha" moments, but prosecutors have used him to set the stage for contradicting witnesses.
- Maersk goes to Piraeus
Danish boxship line to link Greek port with Scandinavia in service revamp.
- Person leaves
BW Gas financier will replace departing Ocean Heavylift head.
- Russians eye Varna
Transport minister Igor Levitin strikes deal for rail ferry service from Kavkaz to Bulgarian port.
- Deja vu?
OSG hikes dividend on good prospects but, again, investors fail to lift the stock price.
- ‘Not guilty’
Mike Chalos has beaten whistleblower testimony to win the first-ever US jury acquittal of a shipowner in a ‘magic pipe’ case.
- Navy ship fires at Danica White
US vessel said to have shot across the bows of Danish vessel being led away by Somali pirates.
- Zaliv wins hull deal
Ukrainian shipbuilder to construct two MPPs for Dutch yard group Bodewes.
- Smuggling arrests in Nigeria
Six bunker vessels held by navy for theft and piracy in and around Lagos.
- Out with the old
Golden Ocean confirms the departure of two 1990-built panamaxes for $60m en bloc.
- Fal secures tanker funding
Citibank to loan $102m to Sharjah-based company for two aframaxes being built at HHI.
- Cape crusader
John Fredriksen’s Golden Ocean gets super rate for capesize relet it took for five years.
- Turkish ferries up for grabs
City of Istanbul to invite bids to run Istanbul Deniz Otobusleri for 10 years.
- Tender training insufficient
UK investigators also blame inadequate manning for crewman's death on board Thomson cruiseship's passenger boat.
- MAL cruiseship back in July
Empress of the North to undergo final repairs in Portland after grounding off Alaska.
- Eastern Echo orders in Spain
Newly formed Dubai-based seismic firm inks deal for series of X-Bow ships at Barreras yard.
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| JUNE 6, 2007 |
- U.K. flag tops Paris MOU "White List"
- Maersk adding Greek call to North Europe/Med loop
- Crowley receives shipment of reefer equipment
- Budget for Los Angeles airports approved
- Southwest selects cargo IT solutions from Lufthansa Systems
- Hellmann named Genesee & Wyoming CEO
- E. coli found in California ground beef
- 60 tons of domestic beef mistakenly shipped to Korea
- California electronics manufacturer bought for $3.6 billion
- Seminar on 10+2 program planned
- Albertsons adopts new monitor for reefer cargo
- Florida ag agency warns Caribbean mites may reach state
- U.S. container volume set for August high
- EU governments should pay for port infrastructure links
- DP World wins Dakar concession
- Panama Canal Authority seeks program manager for canal expansion
- Savi to build RFID lane between Savannah and Shanghai
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| JUNE 6, 2007 |
- Court throws out magic pipe charge
Jurors rejecting crew evidence over oily-water discharges in an industry first.
- OPEC warns on oil price
Amid calls for more production, cartel warning biofuels could push oil prices 'through the roof'.
- Bakri grows its storage capacity
Fuel oil trader and bunker supplier wants to 'enhance its presence' through infrastructure projects.
- New fuel oil player makes an impact
Morgan Stanley buys 'four parcels in two days' as Asian fuel oil prices firm.
- Retroactive price falls
Japanese bunker agreement sees prices fall for the first time in five months.
- Bunkering remains on hold in Fujairah hub
Tropical cyclone forces Omani ports to close. Crude oil prices rise on fears of disruption.
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