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| OCTOBER 11, 2007 |
Shipping News
- Carnival orders new Queen Elizabeth cruise ship
Carnival Corp, the world's biggest cruise operator, ordered a new Queen Elizabeth ship after selling the iconic Queen Elizabeth 2 to the Dubai government.
- Blue Lady brings work to many, along with serious health hazard
After more than a year of protests by environmentalists, poor workers in western India have happily begun dismantling a controversial cruise liner, ignoring potentially serious risks to their health.
- Australian lead probe yet to find more ports at risk
An investigation into heavy metal contamination at Western Australian ports has so far failed to show evidence of dangerous levels of lead other than at Esperance, where bird deaths sparked the probe.
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| OCTOBER 11, 2007 |
- MSC eyes 11,000-13,500-TEU ship loops for 2012, say analysts
- Port of Dalian container volume up 17pc in first eight months
- Hubei Xiangfan launches mega logistics park
- Port of Wuhu builds first container terminal
- Prologis builds second logistics facility in Suzhou
- Chongqing logistics costs higher, 'but offer greater profitability'
- Rules tighten on dangerous goods certificates in Malaysia
- Dubai Ports seeks US$3.5 billion for expansion from IPO
- Sri Lankan container terminal's throughput breaks monthly record
- Euroseas adds a container ship to its mostly dry bulk fleet
- Sinoair, Korean Air in Tianjin airfreight terminal joint venture
- EU ban puts Uganda's DAS Air Cargo out of business after 20-year run
- FedEx extends Hong Kong cut-off and package-ready times
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| OCTOBER 11, 2007 |
- Seaways Groupbeefs up tonnage on E. Coast, much to delight of ex-im trade
- IWAI to purchase 6 cutter suction dredgers
- Tanker glut set to sink MidEast-Asia crude transport rates further
- Seatrade chief Chris Hayman wins PSA's J. L. Smith Award
- India, S. Africa plan to treble trade to $ 12 bn by 2012
- India, Philippines join hands for trade boost
- New Basmati definition may give Pak edge over India, feels Apeda chief
- Asean mounts pressure on India to cut palm oil tariff
- Govt reviewing need for wheat imports, may prune quantity
- Export of non-Basmati rice banned
- Panel report on ways to lure more box traffic to Kolkata Port soon
- India, Myanmar all set to sign pact on Sittwe port project
- ABGKCTL's RMQCs already making all the difference to volumes & throughput!
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| OCTOBER 11, 2007 |
- James W. Fonteno reappointed to PHA Commission
- Abu Dhabi Ports Company to develop Khalifa Port
- Air France-KLM to scoop up Iberia shares
- Schenker: more security technology for containers
- 2007 Fiata World Congress in Dubai
- German Logistics Congress about to open
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| OCTOBER 10, 2007 |
- InterManager acts on officer recruitment, standards
- Camillo Eitzen ponders future of Eitzen Chemical stake
- Skaugen's Q3 profit up
- ABS develops vetting module
- Fincantieri to build new QE
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| OCTOBER 10, 2007 |
- Cunard orders a new Queen Elizabeth
- ASA honor for Rep. Elijah E. Cummings
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| OCTOBER 10, 2007 |
- Vancouver USA port board Oks TCE cleanup change order
- Andreas Udbye leaving World Trade Center Tacoma
- Cunard Line announces plans to construct QUEEN ELIZABETH
- Freightliner changing name to Daimler Trucks North America
- Corps continues program to redistribute Caspian terns
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| OCTOBER 10, 2007 |
- Brussels axes plan for European coastguard
IDEA has proven too 'divisive' to take forward, says maritime affairs commissioner Joe Borg.
- Italian officer voices doubts over EU coastguard
- Cunard adds new 'Queen' to fleet
CRUISE giant orders new cruiseship, to be called the Queen Elizabeth, from Fincantieri.
- Baltic Dry Index hits all time high
INDEX passes 10,000 points for the first time since its inception in 1985.
- A passionate vision from a dispassionate eye
GNV's new chief brings the cold-eyed, rational stance of the outsider to the Mediterranean ferry sector.
- London rests on its laurels
London is a successful one-stop shop, but there are warning signs that suggest it needs to guard against complacency.
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| OCTOBER 10, 2007 |
- Have your say'
SHOULD "non-domicile" shipowners pay tax in the countries where they do their business?
- Cunard orders new Queen
CUNARD Line has placed a $700M order at Fincantieri for a new Queen Elizabeth to debut in autumn 2010
- Cosco to abandon Philippines hub?
A DECISION by the Philippine government not to proceed with a major broadband deal is being cited as a reason why Cosco is reviewing a major investment in the country
- KKR completes UN Ro-ro deal
US private equity house Kohlberg Kravis Roberts (KKR) has completed the agreed €910M ($1.3bn) acquisition of 97.6% of UN Ro-Ro Isletmeleri, the Turkish ship owner
- Court halts Hawaii Superferry
- New oil terminal abandons trial
- Puerto Rico hits back at Carnival
- Indians urge port security overhaul
- EU plans integrated maritime policy
- Navy may take over Hindustan yard
- RCCL takes on Italian market
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| OCTOBER 10, 2007 |
- Drewry: Weaker container trades by 2009
Consultant warns that it expects core east-west liner box trades to weaken in 2009 ahead of entry of new mega-ships.
- Chrysler strike hits border trade
- Menlo opening Asia facilities
- AAPA supports ship pollution limits
- Panalpina offices searched in anti-trust probe
- Mumbai boxes slide
- Vancouver, Wash. port volumes up 21%
- S. Africa VSA adds ship
- Norfolk Southern cuts outlook for third quarter
- Dry-bulk shipping network adds Ukraine agent
- Nehru boxes up 25%
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| OCTOBER 10, 2007 |
- Jawaharlal Nehru Port up 25% in H1
- China accuses US of 'flawed' products
- Temasek offloads Cosco shares
- Maersk Line predicts 'satisfying' profits by 2009
- KKR buys into Turkish shipping
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| OCTOBER 10, 2007 |
- FreeSeas stocks soar
Nasdaq-listed dry-bulk owner sees its share price increase by 30.3%.
- Baja gets new ferry
New operator emerges to carry passengers across the Sea of Cortes between Baja California and Mexico's mainland.
- Bear lifts sector rating
Citing strength of dry-bulk, Bear Stearns analysts raise shipping sector's rating to 'market weight'.
- Judge blocks Superferry
Court rules that Hawaii Superferry's ropax cannot run between Maui and Kauai until an environmental review is complete.
- Glencore, Transpetrol in tie-up
Belgian outfit and tanker-owning arm of trader share ownership in MR and aframax newbuildings.
- Borg hot on emissions
European maritime affairs commissioner warns of emissions crack down.
- Ocean Tankers takes off
Shares in the Cyprus-listed company have soared to a nine month high after yesterday's additions.
- Bank run for Tsakos
Members of prominent Greek shipping family said to have splurged up to $150m on stake in Bank of Cyprus.
- Four more for OOIL
Boxship owner adds four extra units in $482.8m deal with China State Shipbuilding Corporation.
- Dredgers tied up in red tape
Government approval for DCI's Merwede order comes too late, as bid price expires.
- CSDC buys big
Hong Kong-listed owner orders four large units in $400m deal.
- Kaspar strikes Iranian deal
Azeri national owner launches two new routes from Iran to Caspian ports.
- Seaways looks at float
Indian boxship owner the latest to consider IPO to beef up fleet.
- Britannia rate rise shock
Rising claims and volatile financial markets spark 24% premium increase at blue chip P&I club.
- HSL going to navy?
Ownership of Indian shipbuilder could be transferred to defence ministry as part of revamp.
- Acergy powers ahead
Jump in activity in West Africa and South America sectors sees Norwegian owner pile on profit in third quarter.
- Climate clock ticking
Regulators could target shipping after expert warns climate change is on a collision course with the world economy.
- MISC wins FPSO deal
Malaysian owner teaming up with Vietnamese partner to supply vessel for work off Vung Tao.
- QE new
Cunard keeps royal name alive with new Queen Elizabeth liner order at Fincantieri, after QE2 sold to Dubai.
- Busan in N Korea tie-up?
Port authority may be latest South Korean player to invest in neighbour to the north.
- Shreyas adds boxship
Indian feedership operator buying 1990-built vessel to bring fleet to eight.
- Scandlines fights for monopoly
Baltic ferry owner goes to court to keep rival out of Danish port of Rodby.
- Tanjung ties up charters
Malaysian offshore operator secures work for recent acquisition plus other ships worth nearly $40m.
- Chery picks Wuhu
Chinese car maker takes a turn into shipbuilding with yard purchase.
- Precious back at ABG
Bangkok-listed owner returns to Indian yard for three more bulkers.
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| OCTOBER 10, 2007 |
- EC delivers grand vision for future maritime policy
- SAECS partners adding 7th ship
- C-TPAT program issues empty box reminder
- TACA's BAF unchanged, CAF rises
- GAC expands to East Europe with UMA partnership
- Caja Logistics starts Savannah/Mexico box service
- Cargolux to start Ho Chi Minh flights
- Hearings planned on proposed eastern Pa. cargo airport
- Druseikis named interim CFO of AirNet
- U.S. Bank buys freight payment competitor
- New insects discovered in shipment
- Komatsu picks Kenco as 3PL for remanufacturing operations
- Eagle Global Logistics signs deal with Last Mile
- Menlo wins logistics contract for Bosch products
- Trade coalition calls for S. Calif. ports to abandon truck plan model
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| OCTOBER 10, 2007 |
- One missing after collision off Norway
One fisherman was still missing this afternoon after the fishing vessel Skarbak was hit by the Norwegian flag chemical tanker Doris at Hustadvika between Molde and Kristiansund in Western Norway Tuesday night. The 33 foot fishing vessel never sank, but ...
- Survey of 30 biggest owners on tax irrelevant, says NSA
A report in Økonomisk Rapport that none of the 30 biggest ship owning companies in Norway will leave because of the new tax package has been refuted by the Norwegian Shipwners' Association (NSA). According to NSA there are major flaws ...
- Britannia charge extra 15 per cent in advance call rate
Britannia P&I Club's announcement that it will charge an extra 15 per cent in advance call rates has confirmed ship owners worst fears that there are heavy P&I premium increases ahead from February 2008. Generally the market had ...
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| OCTOBER 10, 2007 |
- Industry divided over emissions legal ruling
Debate continuing on local versus international solutions.
- Shipping 'part of climate change solution'
Australian report recommends moving freight onto the ocean to cut the country's greenhouse gas emissions.
- New contact details for Serbian trader
- South Africa 'turning a corner'
After a difficult couple of years there are hopes refiners have got to grips with supply issues.
- Rotterdam: Congestions at loading installations solved
- October launch for Adani's new bunker tanker
Launch of AEL 1 will be followed by another double-hulled bunker tanker in the next few months.
- Hong Kong price advantage may be shortlived
Hong Kong prices now competitive to nearby Yantian on good avails.
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