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| OCTOBER 8, 2007 |
Shipping News
- Housing slump set to cut volume at LA ports
The busiest port complex in the US could see its first decline in container traffic in four years because of the housing market slump and a loss of consumer confidence that is making retailers cautious about importing goods.
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| OCTOBER 8, 2007 |
- Wal-Mart's UK unit Gazeley to build Jiangsu logistics park
- DCT Gdansk toasts opening of the 500,000-TEU Phase One CT
- Dongnama Shipping becomes C& Line
- Egypt's Dipco secures US$480 million loan for CT near Suez
- Marshall Islands flag registry strengthens presence in Japan
- Audits prompt Kenya to tighten anti-terror security at Mombasa
- Etihad Airways launches Abu Dhabi-Singapore-Brisbane service
- Volga-Dnepr's second IL-76TD-90VD budget freighter passes tests
- Court stays ministerial order to reduce free storage of air cargo
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| OCTOBER 8, 2007 |
- STX Pan Ocean to launch new CSI service on Oct. 15
- Ramesh Flowers lifts Motherlines Cup 2007
- Uniworld acquires major stake in Envoy Freight Synergy
- Oil tanker rates head north
- Import-based gems & jewellery industry sole sparkler on export front
- Milk powder export ban goes
- OSL pulls off a grand HAT-TRICK!
- DP World Chennai remains star player in East Coast ex-im trade
- Air freight subsidy for flower exports may be doubled
- CRRS' maiden train service from ICD-Dadri arrives packed with boxes at MICT
- DGFT advises exporters to hedge currency risks
- Fieo chief calls for rationalisation of export credit rates
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| OCTOBER 5, 2007 |
- France: GITL elects new president
- Scandlines to launch Rostock-Hanko ro-ro service
- Lufthansa to fly Berlin-London City again
- Crossrail and DLC to join forces
- Schenker completes takeover of Spain-TIR
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| OCTOBER 7, 2007 |
- Norwegian government goes ahead with tax grab plan
- Evergreen's new Asia-Med service
- Fatal accident at UK LNG site
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| OCTOBER 5, 2007 |
- Aker American Shipping to become two listed companies?
- OSG to provide first Jones Act shuttle tankers
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| OCTOBER 5, 2007 |
- Port of Longview director named AAPA board chairman
- US rail freight total sees gains during week
- Puget Sound Partnership opening Tacoma office
- Lloyd's Register trust gives grant to US Merchant Marine Academy
- US, Australia eye new open-skies deal
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| OCTOBER 7, 2007 |
- Hong Kong told to call off plans for new terminal
THINK-TANK urges government to abandon plans to build a tenth box terminal due to capacity expansion at nearby Shenzhen.
- Hong Kong faces has-been status as Shanghai roars
- Norway tax proposals go to parliament
GOVERNMENT presents 'controversial' tonnage tax scheme to national parliament.
- ZPMC vessel detained at Zeebrugge
ITF and Port State Control slam hygiene standards and crew safety training onboard Zhen Hua 8.
- Should we stay or should we go?
NORWEGIAN shipowners will today know if they need to act on threats to go into exile over new tonnage tax proposals.
- Trouble in the mud
OWNERS ordering giant boxships should consider port operators, who need to take appropriate steps to accommodate those vessels.
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| OCTOBER 7, 2007 |
- Global skill shortage reaches China
Quality and safety issues in China that have resulted in product recalls in the US are now being seen in the country's drydocks and shipyards
- Hawaii Superferry bleeding cash
HAWAII Superferry is losing $650,000/week as a month-long Maui court hearing on its environmental permitting drags on
- Gdynia Shipyard sale moves closer
THE sale of Gdynia Shipyard appears to be moving closer with the suggestion in a report in Puls Biznesu that four potential buyers have made confidential bids
- India to extend shipyard subsidy
New Delhi is likely to announce the extension of the 30% shipbuilding subsidy for domestic yards soon
- OSG scores US offshore coup
OVERSEAS Shipholding Group will spearhead a new shuttle tanker service for the highly anticipated ultra-deepwater production in the Gulf of Mexico
- Deutsche Bank head targets shipping
DEUTSCHE Bank has appointed Ralf Bedranowsky as new global head of its ship financing division DB Shipping
- Ezra lists subsidiary in Oslo
- BP nears 50% fleet control target
- Daewoo looks north for factory
- MISC pushes into petrochemicals
- Oil will be plentiful till 2030
- Brazil deregulates dredging
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| OCTOBER 5, 2007 |
- Limitations temper ambitions of U.S. ports to become newest box gateways
Ports such as Canada's Prince Rupert (left) face limitations as alternative load centers to LA-Long Beach.
- Controversy swirls around Bayonne port deal
- China optimism tempered by challenges: U.S. survey
- ATA opposes LA-LB truck plan
- ILA to rally for New York cruise jobs
- Evergreen Line adds Asia-East Mediterranean service
- Schenker tests 'smart' box
- UK port tonnage off
- Tuticorin tops box mark
- NYK opens China logistics office
- Genco sells oldest bulker
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| OCTOBER 5, 2007 |
- Should we expect to go from zero to hero overnight in our environmental quest?
Environmental protection has become an increasingly prominent feature in our daily lives, but are we being too ambitious in trying to change the world's habits and long-term customs by the introduction of radical, often painful, restrictions?
- German rail strike disrupts rush-hour and container movements
- Reefer is hot
- Canadian longshoremen challenge security regulations
- Fastest 10 million TEU for Busan
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| OCTOBER 5, 2007 |
- Buyers eye SeaStreak
New Jersey ferry owner is drawing interest from would-be buyers in a sale by bankrupt parent.
- Study cites LNG risk
A long-awaited Canadian study on two US LNG projects identifies risks of ships heading to the terminals, but a company official says the document recognizes that safe passage is possible.
- Marad gets faster
US Maritime Administration's Ready Reserve Force, a fleet managed by commercial shipping companies, gets eight fast sealift ships from the Navy's Military Sealift Command.
- Goldenport bulks up
Paris Dragnis' UK-listed company orders four bulk carriers and two boxships from multiple yards.
- Teekay hikes dividend
Investors in Canada's Teekay will see a 16% increase in their quarterly dividend payments.
- Unimars orders quartet
Latvian owner off to Volgograd Shipyards in Russia for four general cargoships.
- OSG makes conversion
Tanker owner to convert two product carriers on order in US to shuttle tankers and charter to Petrobras.
- Savino pulls IPO
Italian shipping agency delaying float in uncertain markets.
- Crew woes set to rise
Lines fear fresh poaching and wage hikes after K Line boss sets recruitment target.
- Aboitiz buys Japanese
Philippine ferry group spends $2.4m on 1999-built vessel from Nankai Ferry.
- Ships to pay for tracking
US wants owners to pay for satellite security measure meant to be free.
- McAsphalt orders tug-barge
Canadian owner building Great Lakes fleet with deal at Penglai Bohai in China.
- PNSC builds profit
Nine-month earnings figure up for Pakistan's national owner as it mulls fleet expansion.
- Aker ponders split
Move to have independent shipowning and shipbuilding listings in the US will be decided by end of the year.
- IHI on the slide again
Struggling shipbuilding giant sells off land to slow shares slide - and the golf course could be next.
- GOL bonds in Singapore
Indian offshore shipping player to list new convertible notes issue in Lion republic.
- Asbestos fears in Oz
Over 50 seamen may be at risk following find on ship docked at Queensland port.
- US Shipping fixes another
Unnamed oil major takes the fourth of nine product tanker newbuildings at NASSCO on charter.
- Yard worker killed
Man loses control of sandblasting hose at Tropical Reef Shipyard in Australia.
- EU agrees tracking deal
Europe-wide satellite-based ship identification scheme to be based in Portugal.
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| OCTOBER 5, 2007 |
- Evergreen green lights new Asia/East Med after trial
- Brown, environmental groups call for EPA action on vessel emissions
- LNG vessels for Sakhalin II oil and gas project named
- U.S. Shipping Partners obtains ship charter
- SeaFreight to increase bunker charges
- Horizon Lines expanding box fleet
- Crowley names Demeroutis eastern labor director
- US Airways firms 92-plane Airbus order
- United's September cargo up 2.9%
- CBP readies in-bond reforms
- Schenker ocean boxes pass RFID test
- Thermo Fisher buys New Jersey 3PL
- SEKO opens expanded Miami facility
- Pactrans to use CargoWise to integrate systems
- TWIC pilot ports penalized for assisting program, Coscia complains
- N.Y.-N.J.'s Coscia calls for mandatory security standards
- 3rd group joins call for federal scrutiny of SoCal ports' truck plan
- AAPA inducts O'Hollaren as chairman
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| OCTOBER 5, 2007 |
- Master Ferries cabin crew is sacked
Master Ferries has sacked 15 members of the cabin crew on the fast ferry Master Cat, which will be deployed elsewhere during the winter season. Unions say that the sackings are inevitable but regrettable. The company is busy trying to ...
- Baltic Master wants tougher penalties
The 40 organisations, from seven countries around the Baltic Sea, in Baltic Master want tougher penalties for those who break rules and regulations at sea rather than new regulations, the organisation writes in its action plan developed during a 2 ...
- "Norden" sells two product tankers
D/S "Norden" has once again taken advantage of the good market for product tankers and sold a pair of Japanese built tanker at a profit of USD 50 million. The two tankers are the Nord Sound and Nord Stream ...
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| OCTOBER 5, 2007 |
- Houston firmer, as expected
Prices heading higher to end the week in the Gulf with Los Angeles falling into line.
- Cruise season comes to an end
Bunkering volumes falling and new emissions strategies seen this year.
- IFO380 at new high in Rotterdam
Benchmark grade firms on tight supply of on-spec material and blending stocks.
- Asian fuel oil at new peaks
Discount to cargo means Singapore bunker prices still shy of record.
- Kittiwake appoints managing director
Director of Kittiwake Asia Pacific returns to UK to take up position.
- Rotterdam market very tight
- Big ships, big lube costs
OpCost review shows marine lubricants on average nearly half of store cost, more for larger ships.
- BP to double Singapore storage
Reports say it is taking up 300,000 m' of space at Hin Leong's new Universal Terminal.
- New Black Sea bunker facility open
Port aims to optimise its bunkering process.
- Typhoon poses 'significant threat' to Taiwan
Bunkering operations at several Taiwanese ports to be suspended.
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