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| JUNE 12, 2007 |
Shipping News
- DP World plans 2 bonds to raise up to US$3b
DUBAI port operator DP World plans to raise as much as US$3 billion by selling two benchmark size bonds, one of which will have a maturity of up to 30 years, a banker who attended the company's presentation said on Sunday.
- Hyundai Heavy may up stake in refiner
HYUNDAI Heavy Industries Co, the world's largest shipyard operator, may increase its stake in Hyundai Oilbank Co, South Korea's fourth-biggest oil refiner.
- Shipping resumes at Australia's Newcastle port
SHIPPING operations have resumed at Australia's top coal export port of Newcastle, after loadings were stopped by a storm, a spokesman for the Newcastle Port Corporation said yesterday.
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| JUNE 12, 2007 |
- Cosco group to build shipyard in Dalian
- Maersk service tops all others in volume calling at Tianjin
- OOCL closes NY deal with Ontario Teachers' Pension Plan
- Hanjin Shipping celebrates 30th birthday of its Asia Regional head office
- ICTSI signs 20-year concession for Ecuadorian terminals
- Menlo Worldwide to buy 3PL Cougar Holdings & Cougar Express for US$34m
- US Vancouver port awarded US$5.4m green grant
- China Southern launches first of 4 services to South Korea
- Dragonair will add flights, destinations, and Japan charters
- Hactl airfreight tonnage increases 0.8pc in May
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| JUNE 12, 2007 |
- TNWA starts two Suez & Panama services to Savannah
- MSC’s new Tiger Service calls at XICT
- Hapag-Lloyd limits shipments of heavy boxes returning to Asia
- Maersk Line forms JV with Philippine firm
- Evergreen Line launches new S-series vessel
- MOL signs space charter deal with Sinotrans
- Hamburg sud cuts NY service from 2 to 1 terminal call
- FEFC increases rates from July 1
- DP World gets nod for UK port deal
- China RFID solution to automatically monitor containerised cargo transport
- Menlo Worldwide, LLC, to acquire South-East Asia 3PL Cougar Holdings & its primary subsidiary
- PSA International & IPH to develop UK box terminal
- Agency Sector Management sows seeds of Sequoia project
- Spices exports up by 44 pc in April
- Ban on export of milk powder may be lifted in Sept.
- JNPT augments box handling equipment
- Dhamra port site not turtle nesting zone, avers Tata Steel
- MPSEZ takes delivery of 4 state-of-art RMQCs
- 74 pc stake in new rly rolling stock-making units to private cos mooted
- Private operators setting the ground even before govt whets merchant airport policy
- On development runway, Cochin Int’l Airport seeks foreign partner
- CWC Logistics Park at D’Node takes off
- Pulses production to increase to 17 m. tonnes in 2008-09
- Now, Minister fancies integrated leather parks
- Navi Mumbai SEZ fate hinges on BoA’s June 22 meeting
- Gujarat’s action against octroi elates AIAI
- 20th batch of Export Import Workshop from June 23
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| JUNE 11, 2007 |
- Schenker appoints new UK sales director
- CMA CGM first global carrier to call at DCT Gdansk
- TAP can take over PGA
- Meyer & Meyer and Kerry Logistics to collaborate
- A warm welcome from the ITJ at transport logistic
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| JUNE 11, 2007 |
- Public cash for Galileo
- Salvage starts on Pasha Bulker
- New CEO for Aker Yards
- Tiefensee repeats support for switch to diesel
- Samskip buys Delphis Team Lines’ door-to-door business
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| JUNE 11, 2007 |
- BC Ferries newbuilds wrapped to promote Winter Olympics
- Cal Dive swoops on Horizon Offshore
- Another $197 million for DDG 1000
- ACL lowers earnings guidance
- Carnival exercises option at Fincantieri
- ASA and Coast Guard formalize partnership
- Julin takes helm at Aker Yards
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| JUNE 11, 2007 |
- Port of Bellingham funds back college's industrial welding program
- Port of Tacoma promotes Brian Mannelly
- Coast Guard teams with DQ to reward kids wearing lifejackets
- Waterfront committee presents findings to Camas-Washougal port commissioners
- Oregon governor to speak at Port of Portland luncheon
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| JUNE 11, 2007 |
- IMB sounds red alert over Somalia piracy
PIRACY watchdog wants greater international naval intervention, even into Somalia's territorial waters.
- Somalian attacks pose threat to food aid
- China slaps fines on agreements for illegal ops
MINISTRY of Communications says ISAA and IRSA member lines were operating illegally in China.
- Oil supply crunch may ensue, producers warn
OIL companies say soaring costs and shortage of skilled labour could lead to a supply crunch in the coming decades.
- A short war far from home
NOBODY could conceive why the British were quite so steamed up about the Falkland Islands, with its tiny population of sheep farmers.
- Better balance for building
THE standard newbuilding contract, Newbuildcon, unveiled by BIMCO strikes all the right notes - but will it be used?
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| JUNE 11, 2007 |
- $100 barrel seen as unsustainable
Talk of oil prices hitting $100 per barrel have been scotched by a leading oil executive
- Carnival exercises HAL option
CARNIVAL Corp is continuing its Italian building spree, confirming that it has exercised an option for another Holland America Line vessel
- Caribbean box mix changing
FEWER tourists are heading for the Caribbean; this has cut the number of containers imported, but increased property developments should counterbalance such losses
- Ionia indicted for falsifying logs
IONIA Management and an officer on product tanker Kriton have been indicted for falsifying oil logs to cover up illegal dumping
- China strategy may shift to pipelines
CHINA'S concerns over energy security may see a policy shift that will focus on overland imports of oil through pipelines, says a US energy strategist
- OEL unaffected by detention
ORIENT Express Lines’ regular fortnightly Chittagong–Colombo IBS feeder service continues its operations, despite damaging a jetty
- Ministers seek Galileo options
- Japan tonnage tax plans firming
- Indian miner moves into ship owning
- Five killed as blaze destroys ferry
- Julin replaces Kjelstad at Aker Yards
- BC's Queen fuel decision opposed
- Pasha Bulker hull breached
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| JUNE 11, 2007 |
- LA truck plan facing major roadblocks
Clean truck plan proposed by Port of Los Angeles-Long Beach facing uphill battle against legal and political hurdles.
- Panama Canal tonnage up
- Baltimore port sets mark
- No change for Trans-Atlantic fuel charges
- Canada wants WTO panel in U.S. farm aid case
- Minnesota added to e-truck filing
- Maersk wins Savona contract
- Shipping Corp. of India to buy 72 ships
- DP World asks Cochin bids
- Cargo 2000's Cesana dies
- Record volume for Kandla
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| JUNE 11, 2007 |
- Joint Venture in Antwerp for Yang Ming and Burger Group
- Short-sea consolidation continues apace as Delphis door – door business goes to Samskip
- Canada – Transpacific carriers hike fuel charges
- Newly acquired Unifeeder to deploy 1,000 TEU ship on North Sea and Baltic service
- UK ports prepare for the peak season onslaught with improved systems and new facilities
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| JUNE 11, 2007 |
- 'Business as usual'
First prosecution witness from Odfjell tells Philly judge that Richard Wingfield pledged to continue antitrust cartel after March 2002.
- Eitzen behind India deal?
Gujarat NRE Coke is taking two 60,000-dwt bulker newbuildings on 10-year time charter with purchase option.
- Force majeure at Newcastle
Ship loading on Newcastle is essentially on hold until next week as BHP Billiton and Rio Tinto declare force majeure.
- Palios and Fortis selling again
Principal Simeon Palios and Fortis Bank are already preparing to sell down their holdings in Diana Shipping again.
- Letdown, buyback
US barge operator ACL is cutting its earnings guidance for 2007 by 16% but sugaring the news with a share buyback.
- Gas pressure from EU
European Union wants industry to do more to cut harmful gas emissions with trading scheme mooted.
- Winter port was unsafe
Is sending a handymax to St Petersburg during the ice season nominating an unsafe port?
- Smit seals tug deal
Dutch salvage group orders four offshore terminal vessels from domestic Damen shipyard.
- Canal wait shortened
Waiting time is down at the Panama Canal even as traffic is up from last year, say canal authorities.
- DNV calls for green action
Class society chief Henrik Madsen opens Nor Shipping conference with challenge to owners over environment.
- Carnival firms at Fincantieri
Cruise giant takes options for Holland America Line franchise at Italian yard in $567m deal.
- Japan holds 21
Oily water separator puts Interorient boxship among detainees for May.
- Samskip goes door-to-door
Icelandic container line takes over part of Delphis Team Lines' business, winning fixed allocation on its vessels.
- Costs hurt CMA CGM
First-quarter profit sent tumbling at French giant by rising costs and financial expenses.
- Novoship soars
Russian tanker owner's first quarter profit boosted by sales of older vessels.
- STX thinks big
Korean shipbuilder wants revenues of KRW 20 trillion by 2010 as it focuses on bulkers, tankers and LNG.
- Bharati bags brace
Indian shipyard to build two anchor-handling tugs for Norwegian owner in $65m deal.
- Julin rises to the top
Aker Yards' cruiseship division head succeeds Karl Erik Kjelstad as Norwegian giant's CEO.
- Pasha’s hull breached
Japanese owned panamax bulker said to be taking on water, but there are no signs of pollution.
- Eimskip takes total control
Expanding Icelandic boxship line brings holding in UK cold storage operation Innovate to 100%.
- Fire kills five off Philippines
Ferry stripped to the hull by blaze said to have been overcrowded when fire broke out.
- Salvors board Pasha
Men and equipment have been put aboard the ground bulker to carry out a detailed assessment.
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| JUNE 11, 2007 |
- Teekay, Torm complete deal
- Delphis offloads Team Lines to Samskip after short ownership
- Julin new CEO of Aker Yards
- TACA keeping BAF, CAF at same levels
- Cargo 2000 director Cesana dead at 66
- NIT League criticizes L.A.-Long Beach clean truck plan
- COOL becomes hot again
- Eimskip buys U.K. temperature controlled logistics company
- Trade Extensions expands using former Freight Traders team
- CORRECTION: U.S. logistics costs reach 9.9% of GDP in 2006
- ICTSI readies to take over Syrian terminal
- NYSA cuts cargo assessment in New York-New Jersey
- Port of N.Y.-N.J. continuing on-dock rail expansion
- Giuliani makes port security proposal
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| JUNE 11, 2007 |
- Bourbon Dolphin commission gets under way
The royal commission into the Bourbon Dolphin sinking on April 12th of Shetland has got underway amid demands from the ...
- Danica White crew safe in Somalia
The Danish Ministry of Foreign Affairs has sent out a statement saying that the crew of the coaster Danica White ...
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| JUNE 11, 2007 |
- O.W. Bunker opens new Chile office
Supplier expanding operations with new trading office servicing South America, bunker tanker in region.
- Salvage team struggles to prevent leak
Grounded bulker still poses threat to Australian coast.
- Horizon Terminal on target
Plans to expand oil storage terminal in Singapore are on track, despite the rising cost of raw materials.
- Congestion at Rotterdam
- Bunkering to start in Gwadar soon
New Pakistani port to see a few local suppliers commence bunker supply in two to three months.
- Oil could hit $80 this year, Iranian official says
Tropical storms one factor that could push up prices, an official from National Iranian Oil Company says.
- Hong Kong shelves cold ironing plans
Not practical to provide shore power supply before international standards are drawn up, official says.
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