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| JUNE 8, 2007 |
Shipping News
- Shanghai Port's container traffic in May hits record
SHANGHAI Port, China's busiest container harbour, moved 21 per cent more boxes in May from a year earlier, as increasing trade in the world's fastest-growing major economy boosted demand for sea transportation.
- Cyclone Gonu wanes further, likely to skirt Hormuz strait
TROPICAL Cyclone Gonu waned further as it moved towards Iran through the Gulf of Oman, but is likely to skirt the Strait of Hormuz, a key shipping lane for oil shipments in the region, forecasters said yesterday.
- Key UAE port resumes bunkering after cyclone
FUJAIRAH Port in the United Arab Emirates resumed offshore bunkering and vessel operations after a two-day halt caused by tropical cyclone Gonu.
Admiralty Casebook
- Melbourne draught check for tankers
PORT Phillip sea pilots in Melbourne has ordered all expected transit times of deep draught tankers to be checked to determine if passage through the entrance to the Port Phillip Bay is safe at the time the vessel is expected to arrive.
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| JUNE 8, 2007 |
- Over building China container ports risks over-capacity
- SIPG to provide RFID service on routes to Savannah, Europe, Chongqing
- Railway track workers ending strike against Canadian Pacific
- ICTSI Madagascar to deploy 4 rubber tyre gantries
- Polish box terminal DCT Gdansk opens for business
- Profs say double cycling cranes would cut congestion and pollution
- AirAsia outsources airfreight business to German firm
- Spanish low-cost airline Clickair starts Moscow run
- Eco laws pose biggest challenge for logistics industry
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| JUNE 8, 2007 |
- Maersk Logistics presented Wal-Mart Global Transportation award
- Potential of neem-based products huge
- Indo-US labs for testing quality of farm goods proposed
- Dubai firm to import Indian raw sugar
- Clusters to promote exports of herbal products proposed
- Mumbai Port posts 2 new records in handling of HR steel coils
- CoPT seeks PPP panel’s clearance to go ahead with int’l bunkering terminal project
- ‘Green’ signal for JSW Group’s port in Jaigad
- Port of Venice dropping anchor in India
- MICT plants a green future
- Emirates SkyCargo operates A310-300Fs in Indian Subcontinent & Africa to meet market demands
- IMC hails govt move to float Re. bonds
- 2 significant judgments by Supreme Court
- Now, food parks to lure investments into agriculture
- FinMin expresses reservations on RIL’s Navi Mumbai SEZ
- BCHAA to hold training course tomorrow
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| JUNE 7, 2007 |
- GS1 Switzerland elects new committee
- APL sails into East Africa with new service
- United Airlines names ACP Worldwide as GSSA in Australia
- Inland waterway container terminal for Bangladesh
- DHL Express and SBB offer domestic parcel dispatch service
- A warm welcome from the ITJ at transport logistic
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| JUNE 7, 2007 |
- Fewer states on Paris MOU "Black List"
- Athenian Sea Carriers' "not guilty" verdict
- Golar LNG sells Korea Line shares
- Europeans "support Galileo"
- Frontline sells Sea Production stake
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| JUNE 7, 2007 |
- Teekay Shipping Corporation changes name
- Indictments in waste oil dumping case
- Canada acts to support shipbuilding
- New Arkansas River shipyard
- ENSCO orders fourth ultra deep semi
- Round Table seeks prompt action on IMO issues
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| JUNE 7, 2007 |
- Port of Vancouver, USA nets $5.41 million Ecology grant
- Port of Camas-Washougal taps Walstra as planning director
- Three transportation industry executives to receive Admiral of the Ocean Sea honors
- Port Tracker report predicts busy August for container ports
- Panama Canal Authority looking for management firm
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| JUNE 7, 2007 |
- CMA CGM goes on boxship shopping spree
FRENCH liner embarks on massive new spending spree costing well in excess of $2bn.
- CMA CGM sets out its grand plans for Comanav
- Unifeeder sold to Britain's Montagu
PRIVATE equity house nets Europe feedership operator for price tag rumoured to be around E400m.
- Angelicoussis gets hold of ExxonMobil tanker
GREEK tanker owner acquires the VLCC Eagle from ExxonMobil with 11-year charter back deal.
- Italian ports give politics the boot
THERE is a growing fear that political interest could undermine Italy’s economic competitiveness.
- Not fading away
A BIT of order is recommended in the somewhat complex world of British maritime charities.
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| JUNE 7, 2007 |
- Equity investor acquires Unifeeder
COPENHAGEN 07 June – Montagu Private Equity, the European private equity firm that specialises in mid-sized companies, has agreed to acquire Unifeeder, the Danish feeder container line
- Buquebus unveils investment plan
RIVER Plate ferry operator Buquebus has unveiled a $200M investment package that will see new ferries and upgraded passenger terminals
- Brazilians split over cabotage bill
A bill making its way through the Brazilian Congress that threatens to shift the ground on cabotage has split opinion among shipping lines
- First Nation goes cruising
VANCOUVER Island’s new Wei Wai Kum Cruise Ship Terminal inaugurated service this week with the arrival of Regent Cruises’ Seven Seas Mariner
- Figures reveal no Tallinn blockade
FIGURES for export of Russian oil through the Estonian port of Tallinn belie weeks of accusations from the Estonian government, and western media
- 'No compromise' for Red Ensigners
- Footwear re-exports worry Jakarta
- BLRT acquires Turku repair yard
- Training firm head shot in ambush
- Gonu spares Iranian coast
- Yard workers suffer in tanker blaze
- Jutha Maritime plans purchases
- NCL cleared in ‘rogue wave’ case
- Sinopec picks Singapore for lubes
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| JUNE 7, 2007 |
- Menlo Worldwide to acquire Asia 3PL
Logistics subsidiary of Con-way Inc. will acquire Singapore-based Cougar Logistics Corp. for US$33.9 million.
- Sale of New York Container Terminal completed
- APM Terminals to transfer Baltimore operations
- Europe shippers back longer truck-trailer proposal
- Flooding could disrupt Vancouver port rail traffic
- New gypsy moth warning
- NYK adds Tunisia, Morocco
- CMA CGM calls Poland hub
- Nasdaq warns Trailer Bridge
- Canadian Pacific strikers returning to work
- NYK gets new bulker
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| JUNE 7, 2007 |
- EC circulates ‘draft’ draft competition guidelines
- Feeder operator Unifeeder acquired by private equity investors
- NYK improves Eastern Mediterranean service
- African investment for DP World in Senegal
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| JUNE 7, 2007 |
- US blames Jumbo
A US Coast Guard report blames a ship’s officer in a fatal 2003 sinking but finds no criminal wrongdoing.
- Private equity in for Unifeeder
Northern Europe's leading feedership line is being acquired by investment group Montagu.
- Maersk sells Pristine
Danish LR2 products carrier reportedly fetches $71m from Greek owner.
- Lorenzo buys multipurpose
Philippine feedership operator bags 1996-built Turkish ship for $8.3m.
- France holds ‘leaky’ ship
DFDS Lisco-operated multi-purpose vessel pulled into port of Brest after 37km-long slick spotted.
- Sri Lankan navy helps Greek ship
Bulker which suffered "engine trouble" off Tamil-occupied east coast finally arrives at port after two weeks at sea.
- FBMA wins fast ferry order
Aboitiz group shipyard to deliver 356-passenger catamaran to SAS Sudiles of New Caledonia in 2008.
- Nordea chases Asian M&As
Nordic bank beefs up corporate finance activities as Peter Knudsen takes over reins in Singapore.
- Another revenue record at Suez
Egyptian canal brings in 18% more revenue in May as more vessels pass through.
- Sea Production produces
Frontline turns $70m profit after disposing of all remaining shares in FPSO spinoff.
- Have, Havdrott
BW Gas sends 29-year-old LPG carrier Havdrott to Bangladeshi scrap yard as tonnage clear-out continues.
- Western India cuts losses
But Indian shipbuilder and repairer still firmly in the red in year to 31 March despite revenue boost.
- Golar bales from KLC
US-listed LNG player has offloaded the remaining shares in Korean owner and is set to reward investors.
- Director dilemma for Trailer Bridge
Nasdaq tells US ro-ro barge owner it must find replacement independent board member.
- OSG sells more DHT
US tanker owner cuts stake in spun-off VLCC and aframax owner to 12.5% from 29%, pocketing $15m profit.
- Drayton exits Galbraith’s
Long serving broker is leaving London shop after 35 years in advance of becoming Baltic chairman.
- Siem offers discount
Norwegian investor’s offshore venture offers big new slice of stock to shareholders at lower than market price.
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| JUNE 7, 2007 |
- NYK starting Egypt, Levant Express
- NYK receives bulk carrier
- Sea Star increasing intermodal charge
- Finnair reorganizes to meet boom in Asian traffic
- European Shippers' Council backs longer trucks
- Hub Group buying Interdom Partners
- Conference speakers call for more freight spending
- U.S. logistics costs reach 9.9% of GDP in 2006
- California beef recall expands to 445,000 pounds
- Tainted Chinese toothpaste entered U.S. through Los Angeles port
- Activant purchases Canadian software firm
- Dole repackages upper management
- UTi's 1st quarter net income dips
- DSV buys Irish companies
- ICTSI inks 20-year concession for Ecuador terminals
- APM transferring Baltimore terminal to Ports America
- L.A.-Long Beach ports’ trucking plan proponents rally supporters
- Research: Double cycling could boost terminal efficiency, cut emissions
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| JUNE 7, 2007 |
- Sweden second on Paris MOU white list
Sweden is second, after the United Kingdom and ahead of Finland on the Paris MOU white list of flag states ...
- Estonia’s BLRT Grupp buys Finnish repair yard
The Estonian ship repair and shipbuilding group BLRT Grupp has bought 92 per cent of the shares in Turku Repair ...
- New helpline in stowaway cases
IMO has introduced a new helpline for ship masters in resolving stowaway problems. The IMO Stowaway Focal Point (SFP) has ...
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| JUNE 7, 2007 |
- Refiner wants to maintain market share, despite upgrades
SK Corp says it will import fuel oil to keep the South Korean bunker market supplied.
- Shipping association wants 'mini-SECAs'
BIMCO says small scale emission control areas would still allow major shipping routes to function 'unhindered'.
- Congestion in Rotterdam, product tight in Antwerp
- Fujairah port re-opens; no reports of damage
Bunker players say deliveries will resume at Fujairah anchorages when swell subsides. Cyclone losing strength, but deaths reported in Oman.
- Singapore residual fuel stocks at 5-week low
Stocks of middle distillates plunged to 22-week low.
- Sri Lanka port construction starts
Construction work for the Chinese-backed Hambantota port project started today.
- Singapore expects demand to rise
More vessel arrivals expected next week, but avails are tight.
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