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| JANUARY 8, 2007 |
Shipping News
- Indon search for ferry survivors to continue
SURVIVORS from an Indonesian ferry that sank in stormy weather spoke of desperate days adrift at sea as search teams still hunting for 400 missing people shifted their focus to waters off the resort island of Bali.
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| JANUARY 8, 2007 |
- NYK chief sees growth and new stress on social responsibility in '07
- Rate softening feared as capacity reportedly outstrips demand
- IFCO opens two new reverse logistics centres in Texas and Missouri
- India signs historic rail liberalisation deal
- Emirates Shipping Line enters Vietnam market
- Faisalabad Dry Port handles higher volume of boxes in 2006
- Baltrans expands Middle East operations with Bahrain office
- IATA sees Asian aviation profit slump in 2007
- Boeing reports Q4 and full year aircraft deliveries
- Hellman Worldwide becomes member of Cargo 2000
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| JANUARY 8, 2007 |
- Dolphin Offshore venturing into shipbuilding
- CSL gets in-principle nod to start repair division for small ships
- NYZEL to operate 400-TEU feeder service soon
- Surge in sensitive items imports
- India Inc seals 145 M&A deals worth $ 7.8 bn
- Pak denies benefit of Safta pact to India
- Soyameal exports rise
- US market ripening for Indian mangoes
- Tyre makers to import 40,000 tonnes natural rubber
- Over 3 M. TEUs!
- GTI, slated to be biggest box terminal at JNP, formally inaugurated amidst great fanfare
- Mumbai Port posts impressive growth in cargo throughput during April-Dec. 2006-07
- Wheat handling row at Kakinada resolved
- Cabinet clears CWC’s MoU with Rlys for warehousing complexes
- Railways signs historic pact with 14 players to operate containerised freight trains
- Move to put Hazira on fast track
- Textile panel cess on garments to go
- Fieo hails decision
- DPCs for SEZs scrapped
- NRIs in US keen to invest in India
- Forex reserves rise by over $ 1 bn
- Embargo on setting up AEZs proposed
- Head honchos share growth story with Harvard, Wharton students
- Three appointed CBDT members
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| JANUARY 8, 2007 |
- P&O Ferrymasters: new European commercial director
- Grimaldi finally acquires majority stake in Finnlines
- Eithad offers higher frequencies to Paris
- Rail tunnel planned between Helsingborg and Helsingør
- FedEx with solid results
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| JANUARY 5, 2007 |
- Euroseas sells old handysize
- Disney ship sex assault arrest
- Savannah pilot’s licence suspended for speeding
- Imarex’s strong year end
- US Navy projects announced
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| JANUARY 7, 2007 |
- Jury finds two AMO officials guilty
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| JANUARY 5, 2007 |
- Coast Guard making switch to Rescue 21 in Puget Sound
- Total freight volume breaks record for US railroads
- Seattle-based Coast Guard cutter arrives at post in Antarctica
- Washington State Ferries moving to winter schedule
- PDX citizen noise committee plans public meeting for January 11
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| JANUARY 5, 2007 |
- Democrats introduce bill calling for 100-percent inspection of import containers
The House is expected to receive a bill Friday that will call for non-intrusive inspection of all U.S.-bound containers at foreign ports.
- Customs issues security standards for C-TPAT brokers
- Retailers expect little port congestion in 2007
- Port Everglades posts record tonnage growth
- Maersk Line plans rate hikes on two routes
- Mexico drops sweetener tax, ending U.S. trade dispute
- New truckers' hours go into effect in Canada
- MSC promotes U.S. pair
- Kitty Hawk sees solid Q4
- Mexico plans raft of transport projects
- Nehru tops estimates
- Third terminal for Jeddah
- DP World to develop India port
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| JANUARY 5, 2007 |
- Indian railways kicks off privatisation of container rail movement
Indian Railways yesterday signed the much-delayed model concession agreement for private-sector rail container movement, although the agreement does not satisfy some of the private sector’s demands.
- Shanghai lifts 22m teu in 2006, starts box rail link to Suzhou
- Non-euro countries continue their growth lead, in pre-Christmas EU retail
- Third container terminal to increase JNP capacity 50%
- COSCO Pacific says it will invest in port expansion
- Paranagua Port Authority president’s re-election gives green light to new terminal development
- Malaysia's Jasib Shipyard hopes to run Indonesia's Bitung port
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| JANUARY 5, 2007 |
- Denmark helps Russian crew
Maritime Authority gave three men on abandoned reefer a chance to get home for Christmas.
- Speeding US pilot rapped
Eight month suspension for pilot who took tanker past LNG facility in Georgia at over 14 knots.
- Master Ferries branches out
Norwegian owner looking at new route to Sweden and may keep Master Cat ship.
- Mercator wants oil stake
Indian tanker owner may invest in oil and gas industry through subsidiary MOG.
- Arrest in Disney Cruise sex assault case
Man held in Nassau after 13-year-old girl alleges sexual assault onboard Disney vessel on New Years’ day.
- Zhoushan spun off
Cosco Corp hives off Chinese yard into new company to foster growth.
- Finstaship retains state deal
Finnish owner renews ice-breaking contract for eight ships with country’s government.
- RCCL pays up in 'disappeared' case
Settlement of over $1.1m reached with family of man who went missing from honeymoon cruise.
- Man loses leg in ferry crash
Fisherman also suffers heart attack after incident involving Sydney Ferries vessel.
- Varna turns to Ukraine
Bulgarian shipbuilder follows Gdansk Shipyard in seeking overseas labour.
- New owner for Cammell Laird
Former Merseyside shipbuilding site sold to owner of Mersey Docks and Harbour Company.
- Tallink clearing the decks
Estonian owner charters out Meloodia ferry to Spanish company ahead of newbuilding delivery for Helsinki route.
- Caspian Services inks charter
US-listed offshore player to provide three survey ships for exploration work in Kazakhstan.
- Superfast VIII dented
Storm on New Year’s Eve tore vessel from moorings in Rostock, Germany.
- Maersk eyes more rate rises
Danish giant unveils rate restoration plans for northbound Trans Atlantic and South Africa trades.
- Euroseas offloads Ariel
Greek bulker and boxship owner books $3.4m profit from sale of 31-year-old handysize bulker.
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| JANUARY 7, 2007 |
- Two more rate increases for Maersk
- QVT Financial acquires shares in TOP Tankers
- CMA CGM lines to add ship to Midas Line
- MSC (USA) promotes Indig, Magnani
- Jamian joins consulting group
- PMSA brings on Royer in Seattle
- U.S. international air cargo up 5.3% in November
- AirBridge Cargo first Russian member of Cargo 2000
- Senators revive transportation security legislation
- U.S. Chamber puts trade, transportation high on 2007 agenda
- DP World selling parts of Australian logistics business
- USDA considers additional cattle imports from Canada
- Nuke agency official forced to resign
- India’s largest container terminal open
- Montreal’s container traffic up 2.1% in 2006
- Nutter named new Indiana-Jeffersonville director
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| JANUARY 5, 2007 |
- Bunker prices fall further
US numbers heading even lower, but may have reached a plateau for now.
- California ship survey questions distillate use
Agency seeking feedback on survey development for ship main engine fuel policies.
- Small step forward for alternative fuel engines
Developer says marine engine market is "wide open" for alternative fuel technologies.
- Chinese whispers
Singapore fuel oil traders look to bunker market as China bypasses Asian trading hub.
- China warned over Mekong oil spill threat
China's insatiable appetite for economic growth an oil spill time bomb, claim environmentalists.
- Rotterdam market very quiet
- Vessel finally refloated
Pollution threat over after removal of bunker oils and cargo.
- Asian fuel oil influx to fall in January
Western arbitrage cargo inflows to decline by about 20% compared to December.
- Singapore supplier steps into Europe
Independent bunker supplier Global Energy opens marketing office in Holland.
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