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| JULY 11, 2007 |
Shipping News
- Manila's ICTS to build terminal in Colombia
Only a few years after dire finances forced International Container Terminal Services (ICTS) to sell off much of its overseas terminal network, the Philippine-based operator has been steadily rebuilding its portfolio, making Colombia its latest addition.
- Maersk unit sells Express Offshore to Macquarie
Danish shipping and oil group AP Moeller-Maersk unit Svitzer Far East and its partner Wilhelmsen Offshore & Chartering have sold their jointly-owned Express Offshore Transport company to Australian bank Macquarie, the companies said yesterday.
Strait Talk
- Telling good news to get better results
issues now set the agenda for the shipping industry to an extent that would have been unimaginable a decade or so ago.
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| JULY 11, 2007 |
- Daewoo Shipbuilding boosts plans to raise order book by 55pc
- Fujian January to May foreign trade value up 13.3pc
- Longhai city reveals plans to develop three major ports
- Yuancheng to partner on international logistics with Sumitomo
- MyCRM software wins contract from Xiamen freight forwarder
- PSA Sical terminal operator to hit India with a work-to-rule campaign
- Record container moves at Felixstowe from 9,500 TEU ship
- Advance buys 2,400 open-top, flat rack containers for outsize cargo
- Korean Air-Sinotrans cargo airline JV gains CAAC approval
- DHL unveils China-UAE air cargo service
- S Korea starts air, sea and truck intermodal service to China
- Wuhan to build air cargo logistics facility
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| JULY 11, 2007 |
- Surging tanker supplies projected to sink crude freight rates
- Rules of origin norms of products in FTAs to be tightened
- Minister sees sugar exports doubling
- As cheaper Chinese tyres roll in, govt gets set to slam brakes
- Amul urges PMO to lift export ban on skimmed milk
- PSA Sical to rationaliseTuticorin Container Terminal operations from July 15
- TPT Board approves key infrastructural schemes
- CoPT takes steps to augment productivity
- VSPL accommodates Panamax vessel in EQ-9 berth
- Railways roping in private sector to modernise 16 freight terminals
- AP govt pitching for Hyderabad-Machilipatnam high-speed rail corridor
- Infrastructure status for coal mining industry likely soon
- FinMin lays down procedure to expedite Customs duty refunds
- WTC, AIAI to meet Turkish bankers tomorrow
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| JULY 10, 2007 |
- "K" Line: new board appointments
- Port of Liverpool targets Asian trade for new post-panamax terminal
- Leipzig/Halle inaugurates new parallel runway
- Duisburg to become rail hub for western ports
- Amsterdam–Strasbourg barge container shuttle
- Chronopost opens new express hub near Lyon
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| JULY 10, 2007 |
- UK on Qualship 21
- CMB buys into Anglo-Eastern
- Braemar buys Singapore surveyor
- Skaugen's "satisfactory" Q2
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| JULY 10, 2007 |
- Keppel Shipyard wins drillship order
- Guilty plea in Navy bid-rigging case
- Canada to build Arctic Offshore Patrol Ships
- Sea Cargo back at Bharati
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| JULY 10, 2007 |
- Mitropoulos meets UN chief over Somalia
IMO Secretary-General to meet Ban Ki-moon to urge further action against piracy in Somali waters.
- IMO calls in UN security council over Somalia
- Lines cash in on Asia-Europe trade boom
CARRIERS get bigger rate increases than they had been seeking as cargo space tightens.
- Lehd Moller quits Maersk Line
COMPANY'S chief operations officer Vagn Lehd Moller has quit the company just days after last month’s top level shake-up.
- Keeping a firm grip on growth
WHAT must ports do to cope with the robust growth of world trade and the super-sizing of the container industry?
- A lot on their plates
THE IMO's Marine Environment Protection Committee opened its meeting yesterday with a long list of issues to be discussed.
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| JULY 10, 2007 |
- Jones Act suit targets USCG
A united front of plaintiffs has filed suit against the US Coast Guard following its allowance for significant foreign yard work on single-hull Jones Act vessels
- Diplomacy to set gunboats on pirates
THE IMO is prompting a move that could see foreign warships authorised to pursue pirates into Somali waters
- ONGC confirms Samudrika casualties
INDIAN state-controlled ONGC, owner of the offshore supply vessel Samudrika-10 that sank yesterday, has confirmed there were 17 seafarers on board
- Boston ferries collide: few hurt
TWO ferries crossing Boston Harbor this morning collided in thick fog: while damage was significant, injuries were few
- North Sea short-sea funds on offer
SHIP operators in countries around the North Sea have been invited to apply for funding under the latest Motorways of the Sea programme
- Seanergy seeks blank cheque
SEANERGY Maritime has filed registration for a new "blank cheque" listing on the American Stock Exchange
- Marshalls among Qualship group
- Ottawa builds icy Arctic presence
- Bocimar buys into Anglo-Eastern
- Royal Caribbean confirms Singapore
- IM Skaugen unfazed by 2Q slip
- Arctic oil will keep tankers active
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| JULY 10, 2007 |
- New rules issued for TWIC compliance
Maritime sector gets detailed instructions for complying with the Transportation Worker Identification Credential.
- Customs sets China C-TPAT test
- Port of Vancouver, Wash., to get biofuels plant
- House sets TWIC hearing
- Light volume leads Maher to suspend Saturday gates
- Repair work scheduled for Panama Canal
- Hub Group drops Interdom deal
- U.S. cherry crop up
- Two new ships for Seaspan
- Lines protest Tuticorin box order
- Hamburg Süd christens ship
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| JULY 10, 2007 |
- ‘Motorways of the sea’ funds on offer
- Evergreen still committed to Kaohsiung
- ICTSI invests in new Colombia terminal
- ERS joins Transiberian rail club
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| JULY 10, 2007 |
- US tanker war is on
Crowley and OSG have joined shipbuilders in suing the US Coast Guard to stop US-flag competitors from rebuilding abroad.
- Tsold!
Tsakos Energy Navigation has confirmed the sale of two of three aframaxes that TradeWinds reported sold a month ago.
- Lonrho goes sailing
African mining conglomerate moves into shipping by taking a 45% stake in Cape liner company.
- UN issues Somalia plea
IMO and WFP behind request from Security Council to allow NATO naval forces into Somali waters.
- Oldendorff sells again
1998-built handysize bought by TBS International but this time without charter.
- Globus fixes to Norden
George Karageorgiou's newly listed owner signs up first ever panamax for two years with Danish owner.
- Greek siblings plan IPO
Panagiotis Zafet and brother launch $150m Amex blank cheque venture, Seanergy Maritime.
- Jeppe jumps ahead
Clipper Elite trainee overtakes seasoned rivals in TradeWinds' share picking contest.
- EOT flogged
Macquarie snaps up Wilhelmsen and Maersk-owned crew supply ship operator.
- PNG ship aground
Rabaul Shipping cargo vessel wedges on reef in rough seas off Buka island.
- Aegean Marine adds options
Greek bunker tanker specialist to take delivery of five more 4,600-dwt units from Fujian in China.
- Arraign in Spain?
Crew of vessel held in Santander may seek arrest and auction as owner’s promises come to nothing.
- Sea-Cargo back at Bharati
Indian yard building two more ro-ros for Norwegian owner.
- Hanjin eyes second yard
Korean group planning to build another $1bn facility in Philippines, following Subic Bay investment.
- Duo in joint DSV order
Oslo-listed Acergy and Havila Shipping order $180m diving support vessel at Havyard Leirvik.
- GO goes top after bulker buy
AIM-listed owner leaps to top-five share price lead after purchase of handymax and three-year charter.
- TEN ties-up Bosporos
US-listed Greek tanker owner secures three years of employment for latest Mipo newbuilding.
- NNC reveals order hand
Egyptian national owner looks to be behind mystery deal for six bulkers at STX in Korea.
- Diana fixes Oceanis
Simeon Palios’ US-listed bulker outfit ties up panamax on two year charter to Hanjin Shipping.
- Supply ship sinks off Mumbai
Eight people are feared dead after ONGC vessel runs into trouble off India's western seaboard.
- China woos foreign owners
Beijing rolls out the red carpet to overseas investors to get the red flag waving over more ships.
- MC Shipping takes Keswick
US-listed LPG gas player in buy and charter back deal with Vitol, as it offloads a stake in a boxship.
- Braemar buys Falconer Bryan
UK shipbroker splashes out £5.8m on Singapore survey, engineering and loss adjusting firm.
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| JULY 10, 2007 |
- CMB subsidiary buying 27% stake in Anglo-Eastern Group
- CSCL Long Beach, COSCO Yingkou delivered to Seaspan
- Hamburg Sud christens fifth 3,752-TEU ship from DSME
- TACA leaves bunker, currency charges unchanged
- Kirby buying engine service company
- Bill targets trucks lines at New Jersey ports
- Hub Group calls off acquisition of Interdom
- Schwab: Removal of alcohol duties in India a "positive step"
- USDA gains $50 million in food aid from surplus commodities barter
- DaimlerChrysler, Schenker open industrial park in Bremen
- Global Link to operate in Asia under Golden Gate brand
- Savi Tech equipment part of U.S. Army order
- CBP official Heffelfinger joins Sandler & Travis
- Ultra Logistics promotes Graham to IT director
- Panama Canal Authority begins construction bids review
- Evergreen extends Port of Kaohsiung terminal lease
- L.A., Long Beach ports, APL join in ballast water project
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| JULY 10, 2007 |
- New 'indispensable guide' to Singapore bunker market
Newly-launched report offering details of all 75 marine fuel suppliers in the port.
- Maersk fuel switching 'very successful'
Company seeing emissions reductions in California without technical issues.
- Durban refinery back on-line
Product shortages in South Africa's bunker markets ease, anxieties remain.
- New Statoil trader settles in
- MEPC endorses 'expert group' to study fuel options
Oil and bunker industry to be represented in IMO-commissioned study aimed at informing decision on MARPOL Annex VI revisions.
- Asian bunker market will feel the pressure to reduce emissions
Chemoil says it is well placed to meet future Asian LSFO demand. Reports four-fold increase European LSFO sales.
- Jensen joins OceanConnect
Trader will lead OceanConnect's Scandinavian operations.
- Rotterdam market still holding firm
- Emissions dominate MEPC agenda
Mitropoulos stresses urgency of establishing international ship emission controls to avoid unilateral action.
- Singapore bunker prices continue their rally
Players warn that supplies may tighten later this month.
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