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| JULY 9, 2007 |
Shipping News
- Daewoo ups orders target by 50%
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Co yesterday said it had raised its 2007 target for new orders by more than half, owing to a boom in container shipping orders.
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| JULY 9, 2007 |
- China officials express concern over excessive ship supply
- ICTSI spends US$30m upgrading its Madagascar terminal
- Maersk aims to gain from the Italian port modernisation
- Schenker to deliver parts to Porsche's Russian dealer network
- Asia Pacific chief takes charge of DHL Express Europe
- St Petersburg First Container Terminal up 17pc Jan-May
- United Airlines suffers 7.5pc drop in cargo ton miles in June
- Ruslan modified freighter certified by Russia, Ukraine
- Official statistics hide lateness of planes: MIT
- Copenhagen to hold TIACA's 2008 executive conference
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| JULY 9, 2007 |
- APL to launch trail-blazing SZX service to US East Coast
- Mercator takes delivery of Panamax vessel
- Tiger Logistics aims at consolidating position, aggressive expansion
- Kuehne + Nagel voted Best North American 3PL firm
- GE Shipping bolstering tanker fleet
- Vietnam seeks market economy status
- CII signs MoU with Vietnam Chamber
- EGoM decides to continue iron ore exports
- Mitsubishi spots shipbuilding opportunities in India, scouts for JV partner
- China’s 3PL growth potential seen higher than in India
- FFFAI’s training arm starting 4th batch of FIATA Dip. course on July 28
- MPs’ panel proposes freeze on SEZ notifications
- Apparel exporters shredded by rupee appreciation-Fieo chief
- Curbs on use of second-hand machinery in SEZ units to go
- Commerce Secy sights glimmer of FTAs with Asean, Thailand
- Foreign Trade Policy Analysis: Current Trends - By M. Sreedharan
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| JULY 6, 2007 |
- Ian Hamon to manage Röhlig
- Containerships Group beefs up network
- Atlant-Soyuz Airlines leases three IL-96-400T freighters
- Rhenus acquires Dutch TMI Holding
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| JULY 6, 2007 |
- Emissions theme for MEPC
- FFAs deals soar
- Marine Subsea's US$155m order
- Italian Navy adopts MARPOL
- NoE opens in Singapore
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| JULY 6, 2007 |
- MSC charter for NASSCO newbuilds
- Aker Yards warns on earnings
- Marine Subsea back at Ulstein
- Delivery of 100th UT 755
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| JULY 6, 2007 |
- Washington governor leading trade mission to Mexico
- Corps' ESSAYONS begins annual maintenance dredging
- Port of Bellingham presents annual BayFest celebration
- US container ports expecting record numbers during August
- US rail freight traffic count rolls even with last year's numbers
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| JULY 6, 2007 |
- Swan Hellenic gears up for early comeback
COMPANY prepares for earlier than expected return to cruising next year after tie-up with All Leisure Group.
- Sterling’s search for Swan vessel continues
- Euro MP calls for green shipping laws
EC called on to propose new laws to make maritime transport more environmentally-friendly.
- World Shipping Council to set up shop in Brussels
US-based body aims to monitor closely the next wave of European Union security laws.
- Tread softly, there may be another tiger trap ahead
IT is 10 years since the Asian economic crisis and the region is booming; but could the crisis be repeated?
- The threat of efficiency
THE difference between good and bad stevedoring is about expertise, having the right equipment in port and organisation.
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| JULY 6, 2007 |
- NTSB reveals evac failures
The US National Transportation Safety Board (NTSB) has issued urgent safety recommendations following the discovery of "critical" deficiencies in the Empress of the North evacuation system
- ICS welcomes MEPC themes
The ICS welcomes a proposal for a ‘Cross-government industry-scientific working group’ to evaluate the strategy to be adopted by IMO for reducing ships’ air emissions
- Stena reviews North Sea plans
STENA Line is understood to be reviewing parts of its future North Sea strategy in terms of new ships and possibly new routes
- MEPC meets next week
THE IMO’s Marine Environment Protection Committee meets next week (9-13 July) with air pollution, ballast water management and ship recycling high on its agenda
- Malaysia launches new petroleum hub
MALAYSIA today officially started building a regional bunkering hub
- Ash ship sinks near Indian oil field
A COAL-ASH carrier sank on Wednesday off India’s Gujarat coast close to the major oil exploration field Panna Mukta Tapti
- EU takes globalisation to Azores
- Iran plans new refineries
- Flash flood leads to river crash
- MISC invests in chemical sector
- Mermaid to list in Singapore
- Sale of Maher Terminals approved
- ReCAAP ISC fully operational
- Goldman bites slice of SSA stake
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| JULY 6, 2007 |
- Goldman Sachs investment subsidiary acquires stake in SSA Marine
The New York investment bank will acquire a major stake in Carrix Inc., parent company of global terminal operator SSA Marine.
- Court urges traffic control for ships
- Ports of Long Beach, Yantian sign ‘green’ pact
- Slowdown hits Cochin port
- Rail traffic drops
- Excel charters two ships
- Export ABCs: Incoterms 2010?
- New Asia hub for ANA
- UP switches out emissions
- Freightliner snags Army order for military tractors
- Seino shuts Singapore unit
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| JULY 6, 2007 |
- Is the container terminal business overheating?
For many years companies engaged in the marine container terminal operating/cargo-handling business have enjoyed much higher rates of return on sales and capital employed than their liner service counterparts. In addition, revenues have tended to be stable and predictable.
- Gefco to introduce RFID for PSA Peugeot Citroen traffic
- Hamburg Sud and Senator to split on Europe/Med run
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| JULY 6, 2007 |
- US owners come out swinging
The bell rings on Monday in a long-delayed legal fight among US shipbuilders and four of the biggest US-flag tanker owners.
- Tricolor ‘partly to blame’
The US Second Circuit appeals court has found that the Tricolor did bear some of the fault for its sinking after all.
- Hatch blast detention
Serious injury to a chemical-tanker crewman features in the June list of ships held in the US for safety reasons.
- Excel wins higher rates
Greek owner ties up two more bulkers on long-term charter.
- Ionia caught again
Greek owner’s tanker detained in US with magic pipe bypass only days before being indicted for earlier incident.
- Sea myth debunked
Survey says UK tonnage-tax owners use “lack of interest” argument to hide the truth: crew costs.
- Aker execs snap up shares
Top management at Norwegian yard group know a bargain when they see one.
- Torm drops buyback
Technical issues sink stock re-purchase but shareholders will get windfall dividend instead.
- Private lines for Burma
Government of Myanmar proposes to allow private businesses run international shipping lines.
- Belfast doubles up
Northern Irish port has big plans to reclaim 120 acres of land in £630m expansion.
- Aker issues profit warning
Bottom drops out of share price after yard group reveals supply problems in Finland will slash earnings.
- More bulkers for STX
European owner signs for three capesizes at Korean yard as orders roll in.
- GE buys again
Indian owner Great Eastern splashes out on another suezmax two weeks after last such purchase.
- MISC confirms orders
Malaysian shipowner says it has ordered eight chemical/product oil tankers in South Korea.
- Swan Hellenic back next year
Lord Sterling’s cruise operation getting its ship back after being acquired by All Leisure.
- Euroseas bulker held in UK
Greek owner’s handysize Nikolaos P detained in Cardiff after inspectors find over 30 faults.
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| JULY 6, 2007 |
- WSC to open office in Brussels; won't be involved in antitrust issues
- Stolt reports earnings impacted by litigation costs
- China wants to grow fleet with foreign investors
- Evergreen Group makes executive changes in the Americas
- Aker Yards lowers financial expectations
- Diana Shipping sells bulker
- Maersk ship rescues sinking bulker crew off Indian Coast
- Calico tests nine lives theory via Matson
- U.S. rail security "inadequate," says Penn State study
- Train wheel shortage hampering private rail services in India
- Mind the Gap? Fed says weak dollar may not help
- Bibby boss takes over helm at FTA
- SEKO Detroit moves premises
- Phoenix International founder McInerney retires
- Goldman Sachs acquires 49% equity stake in SSA Marine
- Global Insight: Ports to see record August despite labor talks
- Deutsche Bank fund completes Maher acquisition
- L.A. port board president wants local trucking industry consolidation
- Former Matson VP takes over at Guam ports
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| JULY 6, 2007 |
- New shipping company in Gävle
Gästrike Invest an shipping family Nordgren has formed a new container shipping company to ship containers from Gävle, on the ...
- The end of free smoking on board Danish ships
Smokers on board Danish ships are going to face harder times after August 15, 2007. From that date smoking is ...
- Stenersen orders another two chemical/product tankers
Bergen based owner/operator Rederiet Stenersen has ordered two 19,000 DWT chemical/product tankers at the Jiangnan yard in China ...
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| JULY 6, 2007 |
- Promotion at Global Risk Management
- BP Marine launches Panama supply service
One barge already commissioned and another expected to be deployed soon.
- Emissions discussion to continue at MEPC
IMO committee expected to establish working group and endorse scientific study to review impact of current Annex VI proposals.
- Italian Navy on path to MARPOL compliance
Classification society RINA says it is the first navy in the world to volunteer for MARPOL certification.
- Cruise ship sinking caused 'minimal' pollution
Study shows little impact on Greek island's waters, but islanders complain that bunker threat remains.
- Rotterdam firms on higher crude
- Shipmanagers dispute ‘bunker fraud claim’
But trade association warns: If owners want to slash management fees, some might resort to ‘less ethical activities’.
- Crude jumps despite build in US stocks
Players remain concerned by unrest in Nigeria.
- Malaysia's new bunker hub to complement Singapore
Malaysia's Tanjung Bin oil storage and bunker terminal will 'help Singapore' says operator.
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