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| JANUARY 10, 2007 |
Shipping News
- Veteran S'pore trade negotiator to head SMF
VETERAN civil servant, trade development expert and government negotiator David Chin is set to become executive director of the private sector-led Singapore Maritime Foundation - just as he retires after a distinguished career in government.
- Norway's Prosafe takes delivery of FPSO conversion by Keppel O&M
NORWEGIAN-based oil production and storage vessel operator Prosafe ASA has taken delivery of the latest offshore vessel converted by Keppel Offshore & Marine, with two more conversion contracts possibly going to Singapore's largest offshore shipyard group.
- Blockade halts Chittagong port
SOME 56 foreign and local vessels are caught up in protests at Chittagong port ahead of elections in Bangladesh, unable to load or unload due to a three-day nationwide transport blockade, officials said.
- Asian bulk rates hit 18-month high before Brazil grain season
- US sub and Japan tanker collide, no injuries or oil leak
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| JANUARY 10, 2007 |
- Evergreen enters logistics market in western China
- Guangdong box prices fall, export volumes up from Jan-Nov 06
- China plans to continue heavy spending on nation's ports
- Northport gears up to handle greater cargo volumes in 2007
- Westports box throughput soars 26 pc in 2006
- Karachi Port Trust to award deepwater terminal tender in March
- ABC becomes first Russian carrier to join Cargo 2000
- Hong Kong-Zhuhai Airport management JV achieves early success
- Deutsche Post to sell off reverse logistics subsidiary
- CBP appoints new port director for Texan ports
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| JANUARY 10, 2007 |
- GCL awarded contract to move cargo for UN’s 1st women peacekeepers
- CSL poised to establish new benchmarks
- ‘Price the jam or land in jam!’-USDA cautions investors
- OOCL Melbourne’s arrival marks Cochin Port’s scheduled weekly link with IDX service
- Surge in box traffic at NMP
- Positra port hopes sail on RIL, GMB interest
- VPT reintroduces movement priority for containerships
- Accord on tariff ceiling for box services at Major Ports
- The draft UNCITRAL Transport Convention is a Friend or Foe of carriers, MTOs, NVOCCs & Freight Forwarders?
- PM: We’ll phase out tax exemptions
- b. RBI simplifies norms for project & services exporters
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| JANUARY 9, 2007 |
- Niels Smedegaard takes top slot at DFDS A/S
- 2006: 1.7% more goods in Rotterdam
- Korean orders Boeing aircraft
- Denmark: pallet exchange system ceasing
- EGL’s CEO bids to acquire the company
- Inland shipping: Brussels planning EU hazmat regulations
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| JANUARY 9, 2007 |
- IMO’s new security focus
- Skaugen orders ice class gas ships
- Eitzen sells Crosscomar stake
- NOS offers clearing for trans-Atantic suezmax futures
- K Line VLCC and US nuke sub collide
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| JANUARY 9, 2007 |
- DHS announces FY2007 port and ferry security grant plans
- U.S. increases deepwater royalty rates
- U.S. sub in collision with merchant vessel
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| JANUARY 10, 2007 |
- V.Ships confirms sell-off plan as venture capital begins to circle
V.SHIPS — the world’s largest shipmanagement operation - has finally confirmed industry speculation and admitted that it is up for sale.
- Russia pipeline closure to benefit tankers
TANKER markets look set to benefit from the closure of the Druzhba oil pipeline from Russia to eastern Europe, but plentiful stocks should avert any immediate crisis, according to market analysts, writes Martyn Wingrove.
- Copenhagen to boost maritime funding
DENMARK’S government is close to launching a top level advisory board to attract much-needed institutional investment for smaller Danish shipowners.
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| JANUARY 9, 2007 |
- Thai junta unveils company changes
THE cabinet of Thailand’s ruling junta today approved three key changes in the Nominee Law which, if approved by parliament, will affect direct foreign investment
- Oil prices pulling back
OIL prices have fallen below $55/barrel, their lowest level since the pre-Hurricane Katrina period, despite the latest round of OPEC cuts
- Fears over P&O’s Bilbao route
AN announcement is expected next week regarding the future of P&O Ferries’ Portsmouth-Bilbao route against the background of growing fears that it might be axed
- Stena newbuildings for North Sea
THE two 240m-long ro-pax vessels that Stena Line ordered in Germany in November are to operate on the Hook of Holland-Harwich service on their delivery in 2010
- Lloyd Fonds bags $140M from ship sales
GERMAN KG house Lloyd Fonds has offloaded off one Handysize bulk carrier and four product tankers to cash in on current high second hand prices
- Trasmed cuts Cadiz-Canaries service
- Stena upbeat on sad day for Discovery
- Swansea Cork service suspended
- Subic encouragement for shipbuilding
- Quota delays hit Norilsk Nickel
- Belarus in Moscow for dispute talks
- CFO Kuah to head PSA Singapore
- Union to sue convicted officials
- US nuclear sub hits Japanese VLCC
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| JANUARY 9, 2007 |
- More direct calls in Europe as Maersk announces shake-up of services out of Asia
Maersk Line will reorganise its Asia/Europe services in April, giving the carrier more direct calls to the Eastern Mediterranean and the Black Sea, and slowing ships to save fuel.
- Kuala Lumpur rails at crane manufacturer’s failure to deliver on time
Malaysia is looking for other suppliers of gantry cranes for ports in the country following problems with the usual supplier, thought to be Argentinean firm IMSA.
- Slower growth forecast in US retail this year
- PSA/HNN Zeebrugge terminal to become Samskip shortsea hub
- Chittagong Port reels under record box congestion
- Kerala government seeks review of High Court order on Vallarpadam
- High costs and strong demand lead WTSA members to raise scrap metal rates
- PSA names new SE Asia & Singapore CEO and Group CFO
- Gwangyang-Yingkou direct service to be launched
- Black Sea ports raise growth banner for Europe
- Division heads to champion their own modes on DB Logistics board
- ASEAN to re-invent itself as Asian EU
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| JANUARY 9, 2007 |
- Lloyd Fonds sells another
Bulk carrier leaves German KG which confirms sale of chemical tanker quartet for $120m.
- LR wins Pearl vessel
UK society to class US newcomer’s cruiseship being built in Canada.
- Diana does better
New Italian charter deal for Greek owner's panamax adds $6,500 to daily rate.
- V.Ships on the block
Shipmanagement giant to be sold by auction with a likely price tag of £200-250m.
- Jinhui back at Oshima
Hong Kong and Olso-listed bulker owner returns to Japanese yard with $58m order for two supramaxes.
- Labroy wins twin order
Unidentified Norwegian owner behind $37.8m order for twin AHTS units at Singapore yard.
- Second yard for Subic Bay
Shipyard dedicated to domestic shipping companies to complement Hanjin’s enormous new Philippines facility.
- Jobs to go as ferry service axed
Failure to find replacement vessel for UK to Ireland route could cost EUR 35m annually to Irish economy.
- US sub hits K Line VLCC
Surfacing US nuclear submarine collides with Mogamigawa just south of Straits of Hormuz.
- Owners drive Croatian growth
Zagreb stock exchange index up on further gains by Tankerska, Uljanik and Jadroplov.
- Maersk Line chasing growth
Danish boxship giant boosting Asia to Europe capacity by 13% to reap projected growth of 15% in 2007.
- Saaremaa shapes up
Estonian ferry group adds to passenger and vehicle figures for 2006.
- PIL buys PST
Pacific International Lines snaps up shares in spun-off shipping fund as price eases on weaker dollar.
- Half a billion for SBM
Dutch FPSO supplier concludes deals worth $500m, including five-year lease of storage unit in North Sea.
- Bomb scare at Miami
Suitcase being loaded onto RCCL cruise ship tests positive for plastic explosives and destroyed.
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| JANUARY 9, 2007 |
- Maersk adding Asia/Europe coverage and capacity
- WTSA raises scrap freight as rail, operating costs escalate
- Korea’s big 3 shipyards target orders of $36 billion in 2007
- "K" Line VLCC collides with submarine
- IMO creates maritime security subdivision
- Long wait to load coal in Newcastle
- UPS names Abney COO
- DOT releases model legislation for public-private partnerships
- FRA approves BNSF’s Electronic Train Management System
- RILA urges Congress to slow down on cargo security legislation
- SNAP off Jan. 15, replaced with new version
- Wal-Mart global procurement chief resigns
- Construction and logistics projects afoot for Nokia in India
- General Motors (Thailand) selects CEVA Logistics
- ITC’s Beck to oversee tariff and trade agreement activities
- Another scare at Port of Miami
- Santos Brasil orders 12 RTGs from Kalmar
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| JANUARY 9, 2007 |
- Sharp increase in Gotland traffic
The number of passengers on the domestic ferry service between the Swedish mainland and the island of Gotland has increased ...
- Reshuffle on the Maersk Line route to Europe
Maersk Line will, as from April this year, launch an even faster service between mainland China and Europe in order ...
- Scan Trans deal off in Vietnam on in China
Scan Trans Shipping’s order for six improved Arktis Dawn-types from a Vietnamese shipyard has fallen through (SSG November 28 ...
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| JANUARY 9, 2007 |
- US Gulf drops to $250
Deals done at record lows for the last few months as prices stay bearish.
- California plans further emissions controls
State agency proposing cold ironing regulations for later this year, forming industry workshop.
- Regulatory oversight hits Polish bunker market
Polish bunker supplier awaits reversal of HSFO purchasing ban after government imposes 1% sulphur limit on all fuels.
- Bunker growth for IMAREX
December results show doubling of bunker transactions since launch last year and even bigger volume growth.
- Global Risk Management expands team
Two new employees at one of Denmark's fastest growing companies.
- Rotterdam market in downward trend
- Hong Kong MGO supply recovers
Availability of 380 cst bunker fuel tightens, bunker demand stable.
- MPA focuses on suppliers' physical commitments
No minimum bunker sales volume needed for Singapore licenced bunker suppliers, MPA says.
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