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21 September 2020 The on-line newspaper devoted to the world of transports 01:32 GMT+2

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The Business Timesweb site
MARCH 12, 2007
Shipping News
  • Global Energy's newbuild launch in Fujian a milestone
    FOR home-grown tanker group Global Energy, the delivery of its first newbuild bunker tanker destined for Singapore port waters from a shipyard in China's Fujian province marks a major milestone for both Global and the shipyard.
  • Danaos to buy four container ships for US$400m
    DANAOS Corp, the largest publicly traded container-shipper in the US by market value, agreed to buy four ships from China Shipbuilding Trading for about US$400 million.

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Sched Netweb site
MARCH 12, 2007
  • OOIL profit slips 11pc on high fuel and low freight rates
  • Qingdao port readies for Hong Kong IPO this year
  • Danaos net profit drops 17.7pc in 2006, but surges in Q4
  • Philippines offers US$247m in shipping industry loans
  • Private company operates container terminal at Chittagong
  • Felixstowe sets handling record with CSCL vessel
  • ST Aerospace lands US$136m conversion deal from Boeing
  • UPU calls for standardisation, more EDI and security at IATA's Mexico symposium
  • 86 crates of snakes found in Penang airport

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Exim Indiaweb site
MARCH 12, 2007
  • Globelink WW committed to providing world class logistics services to trade
  • Queen Mary 2-the floating marvel of opulence!
  • Petroleum Ministry favours ship chartering cells in oil PSUs
  • ICF Shipping enters 25th year of operations
  • ANL heads back to Europe!
  • Wheat import deadline stands
  • Wheat may be imported again-Pawar
  • Farm talks yet to yield fruit
  • Prospects bright for organic food exports to EU
  • Uptrend in export of oilmeals
  • Chinese co urges India to review export tax on iron ore
  • Mundra Port & SEZ to enter capital market soon
  • MPSEZ institutes a training arrangement with MAEER
  • PRCL test-runs special containers to move cars
  • ECGC presented MoU award for excellence
  • SAIL mulls SEZ at Salem
  • Goa wants job quota in SEZs
  • No ceiling on export credit to SSIs-FM
  • Kerala nod for 11 SEZs
  • Core group mooted on India-China trade
  • Forex reserves mounting towards $ 200 bn

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Maritime Global Netweb site
MARCH 9, 2007
  • Grimaldi ro-ro capsizes at Antwerp
  • Baltic issues tanker FFA figures
  • OOIL profit down
  • Montrose floats free
  • Star Cruises returns to Taiwan

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Marine Logweb site
MARCH 9, 2007
  • Cummings calls for Deepwater accountability
  • $142.8 million Navy contract for Amsec LLC
  • Intership Navigation orders MAN Diesel ME-B simulator
  • Yantai-Raffles completes round FPSO

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World Wide Shipperweb site
MARCH 9, 2007
  • Greenbrier's TrentonWorks plant may see workers begin strike today
  • DHL places order for six Boeing 767-300ER planes
  • Neptune Orient Lines sees net profits plunge in 2006
  • Customs may now pursue claims for wood packaging material violations
  • US railroads report mixed traffic numbers for week

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Lloyd's Listweb site
MARCH 9, 2007
  • Barrot rebukes states over EU safety package
    TRANSPORT commissioner accuses Greece, Malta and Cyprus of 'dragging feet'.
  • French efforts to speed up safety rules backfire
  • Kassian joins growing band of oily water offenders
    COMPANY faces up to $500,000 in fines and second engineer up to five years in jail.
  • Lloyd's eyes Islamic reinsurance opportunities
    LLOYD'S targets Islamic reinsurance after launching Lloyd's Labuan Ltd in Malaysia.

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Fairplayweb site
MARCH 9, 2007
  • Celtic Mist owner considers ITF agreement
    SOUTHAMPTON 09 March ' Jay Management, owner of the ro-pax Celtic Mist currently embroiled in a dispute over crew and ship condition in Southampton, has indicated that it will consider an ITF agreement when all the current problems are resolved
  • Green fuel fires Vopak profit
    ROTTERDAM-based Royal Vopak achieved a net profit of $192.4M last year, based on increased bio-fuel storage and bulk chemical imports in Europe, the MidEast and Africa
  • Rotterdam considers damages claim
    MEMBERS of Deltalinqs, the Rotterdam organisation of port related enterprises, are considering bringing a claim against SMIT for financial losses caused by strike action
  • Barbados port strike over
    A STRIKE affecting cargo movements at the Barbados port of Bridgetown was swiftly resolved following the intervention of Barbados Prime Minister Owen Arthur
  • Karachi shipyard seeks Gwadar facility
    KARACHI Shipyard and Engineering is seeking government approval to set up a site at Gwadar to attract the business of large vessels transiting that area
  • Vanuatu volunteers for audit
    THE Vanuatu ship registry, which claims about 600 ships amassing 3Mgt, has applied to be audited under the IMO's Voluntary Audit Scheme
  • SCI union goes takes grievance to the top
  • Fesco expands capital with shore assets
  • Cubans elude massive migrant drill
  • Kassian charged over magic pipe
  • Boxship bump knocks dredger jumbo out
  • 'Internal smuggler' caught after leaving ferry
  • George misses Port Hedland but Jacob follows
  • Petronas, Saibu sign new LNG deal
  • Rates weigh down Navios

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The Journal of Commerceweb site
MARCH 9, 2007
  • Scan-all amendment survives
    But language of Menendez amendment is watered down for inclusion in Senate 9-11 legislation.
  • House passes tonnage tax
  • Customs begins to collect wood packaging fines
  • Panama Canal will let expansion contract in Q3
  • TSA, shippers hold meeting
  • Trade deficit dips in January
  • U.S. launching investment promotion plan
  • Port of LA taps DiBernardo to head marketing
  • Striking tug workers set vote at Port of Rotterdam
  • Trucks power Hub net
  • New cranes for Halifax

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Containerisation Internationalweb site
MARCH 9, 2007
  • China eyes Temasek as model for new investment agency
    China's government is considering investing foreign currency reserves ' built up as a result of its trade surplus ' through an agency which may be modelled on Temasek, a move with serious implications for commodity, asset and currency prices key to world trade.
  • OOIL to pay US$500m special dividend from port sales
    Orient Overseas International Limited will pay a special dividend of US$0.80/share - totalling US$500m - out of the US$2.35bn cash proceeds from the sale of its four North American terminals.
  • MOL affirms commitment to Paranagua
  • Shipyards in South Korea and China see a rush of small-ship orders
  • South Korean lines add Daesan port calls to help boost volume
  • Yang Ming Line to launch China-Thailand Service
  • Guangzhou to spend US$2.6bn on port investment by 2010
  • All-water service lifts the growth trend at Boston
  • Yet more containerisation of bulk cargo to come

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TradeWindsweb site
MARCH 9, 2007
  • Tarntank buys in Turkey
    Swedish owner snaps up products carrier set for delivery this summer from Selah Shipyard.
  • Aries drops 10%
    Stock price plummets after news of massive cut in dividend.
  • Nacks getting bigger
    Kawasaki and Cosco to plough $254m into Chinese joint venture yard to double capacity by 2010.
  • Bulker freed in Venezuela
    Partial unloading of coal cargo successful as Cosco Wallem-managed unit released from Maracaibo channel grounding.
  • RCCL hot for Europe
    Cruise line will deploy record number of ships next year as giants battle it out.
  • Near miss for Silja Serenade
    Evasive action by Tallink ferry averts collision in Baltic after tanker loses power.
  • OOCL profits fall 10%
    Hong Kong owner slates operators for believing poor market forecasts and accepting low rates.
  • Overweight boxes to blame?
    Industry insider points to possible stability problem as likely cause of Grimaldi ship capsizing in Antwerp.
  • D'Amico eyes IPO
    Cousins Paolo and Cesare D'Amico are listing their products tanker division on the Italian stock exchange.
  • Crewman missing
    Seafarer from Egyptian cargoship berthed in India has not been seen since 21 February.
  • Mundra to go public
    India's biggest private port set to launch IPO to fund expansion.
  • Opec exports to creep up
    Oil analyst estimates extra two suezmaxes-worth of exports during four weeks to 24 March.
  • Cyclone wreaks havoc in WA
    BHP Billiton and Rio Tinto operations affected as Cyclone George tears through Western Australia.
  • Kassian accused
    Greek bulker owner and second engineer facing three charges relating to oil dumping in latest 'magic pipe' case in US.
  • HarbourLynx to be revived
    Idled Canadian ferry to be fitted with new engines for run from Nanaimo to Vancouver.
  • Mortars seized on ferry
    Ten 60mm shells discovered on Aleson Shipping vessel in the Philippines after tip-off.
  • Four for PT Pal and JMI
    Indonesian yards team up to build dry cargoships for Italian owner.
  • Pirates talk from Rozen
    Negotiators seek peaceful resolution to latest Somali kidnap case, amid reports of gunfights with authorities.
  • Ship limps to Maltese port
    High winds and rough seas cause engine trouble onboard Italian vessel which is pulled to Grand Harbour.
  • Block buy for DSME?
    Daewoo completes due diligence on compatriot manufacturer Shinhan Machinery which builds ship blocks.
  • Up and down at TBS
    US-listed tweendecker owner sees improved fourth quarter, but full-year results decline on charges.

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American Shipperweb site
MARCH 9, 2007
  • OOIL's profit slides 11% in 2006
  • OOIL's Tung: Costs will force carriers to refuse U.S. inland cargoes
  • CMA CGM testing Halifax option
  • Maersk creating 17-ship Asia/Europe service
  • Hapag-Lloyd leaving CSAV Norasia as sole ABS operator
  • MSC dropping Oakland, Qingdao from New Orient Express
  • Senator Lines to join new Europe/East Coast South America loop
  • APL also joining U.S./South America service of MSC
  • Coast Guard to hold small vessel security summit
  • Crowley names Sweeney VP of safety and health
  • Marine Resources Group appointments
  • DHL to buy 767s
  • New Boston/China air freight service
  • Virgin Atlantic Cargo takes management of express product in-house
  • Cross-border truck pilot program draws conflicting testimony
  • India signs onto trans-Asia railway project
  • 100% inspection proposal pops up again in Senate
  • U.S. industry finds Cuba economy troubled, but resilient
  • Wood packaging fines begin today
  • Descartes profits rise, appoints new CFO
  • Logistics job fair planned in New York
  • PMA vows no union troubles in 2008
  • Web-based container yard software going to market
  • DP World orders 84 Kalmar terminal tractors for Dubai port

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The Scandinavian Shipping Gazetteweb site
MARCH 9, 2007
  • Serious incident on the Sea of Aland
    This morning, a blackout during a crossing situation on the Sea of Åland led to an incident that could have ...
  • Norwegian maritime turnover of NOK 275 billion
    Norway's maritime industry, comprising around 5,500 companies, had a total turnover of NOK 275 billion in 2005 and left a ...
  • Mols-Linien with the best profit ever
    Mols-Linien A/S came out of 2006 with the best result ever in the company's history against all odds, including ...

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The Bunker Bulletinweb site
MARCH 9, 2007
  • Bunkers stay steady, for now
    Little movement in US prices but some softening expected with improving avails.
  • Ship emissions 'lower' than expected
    New study pointing the finger at ship pollution but good news in the fine print.
  • IMO: We have CO2 action plan
    IMO says any attempt to play the shipping industry against the aviation sector 'seems futile and meaningless'.
  • Sri Lankan players would welcome new bunker hub
    Hambantota project could bring down bunker prices in Colombo.
  • Chemoil chief moves away from floating storage
    Chandran says floating storage is "an accident waiting to happen."
  • Limited activity in ARA barge market
  • OPEC output likely to remain unchanged
    Analysts expect cartel to keep output steady when it meets on March 15.
  • Singapore grapples with shortages
    Local suppliers rush to clear backlog of orders on arrival of fresh cargoes.

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