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| OCTOBER 12, 2007 |
Shipping News
- Newcastle Coal seeks A$1b loan
The BHP Billiton -led group planning to build a third coal-export terminal at Australia's Newcastle port started seeking more than A$1 billion (S$1.3 billion) of financing to fund the project.
- China shipyard sees 250% rise in profit
China's Guangzhou Shipyard International Co Ltd, a unit of Asia's third-largest shipbuilder China State Shipbuilding Corp, said yesterday its net profit for the first three quarters of 2007 may rise more than 250 per cent from the same period last year.
Admiralty Casebook
- Jurisdiction clause not cast in stone
A CANADIAN court last month refused to uphold an exclusive jurisdiction clause in favour of Japan in a bill of lading and allowed a multi-million dollar cargo claim to continue in Canada on the basis of Canada's Marine Liability Act 2001.
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| OCTOBER 12, 2007 |
- EU lays down vision for central maritime control
- DP World and Senegal sign US$700m port deal
- Work on Tibet's largest logistics centre commences
- IMO publishes updated radio distress and safety manual
- Vancouver, Washington, cargo up 46 per cent through August
- UK firemen's union protests as fireworks-laden ship docks
- UK container traffic rises 3pc, Felixstowe up 9pc
- Six-month Dreamliner delay impacts airlines, suppliers worldwide
- Dragonair offers charters to Taiwan's Taichung from October 28
- Richland builds cold-storage aviation logistics market in Sichuan
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| OCTOBER 12, 2007 |
- TS Lines joins CSI service to provide more comprehensive S-E Asia/FE port coverage ex-Nhava Sheva
- Flavours of India in Goan milieu mark Crescent Shipping's Crystal Jubilee fete
- Allcargo Global handles 1st LCL consol box from ICD-Nagpur to UAE
- IPBCC hikes tariff surcharge for boxes weighing over 18 tonnes
- Ship scrap prices set to sink
- Oilmeal exports shoot up by 187 pc in a month!
- Exim Bank extends $ 20-m LoC to Rwanda
- Wheat imports allowed duty-free, flour exports banned
- Tata Steel keen to design & develop captive jetty at Haldia
- HSL may come under Defence Ministry by 2010
- High-powered panel recommends wide-ranging steps to boost security at ports, shipyards
- Railways hauls 370 m tonnes of freight during April-Sept. 2007
- Effective steps to restore export competitiveness vital, stresses Fieo chief
- Aussie team to meet industrialists at WTC today
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| OCTOBER 12, 2007 |
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- Panama Canal ready for further excavation projects
- Variglog and FedEx cooperate in USA, Argentina and Chile
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| OCTOBER 11, 2007 |
- EC publishes maritime policy plan
- ESPO welcomes Blue Paper
- Boost for SAECS service
- Two-hour chase off Iran
- EU raids on freight forwarders
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| OCTOBER 11, 2007 |
- Hawaii Superferry lays off most employees
- SHI boosts CFD capability
- Deepwater CapEx projected to reach $25 billion
- Hawaii Superferry pins hopes on legislative action
- Bharati Shipyard books AHTS order
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| OCTOBER 11, 2007 |
- Greenbrier nets order to build railcars for GE
- New Northwest Airlines flights will link Portland with Amsterdam
- Crowley executive named VP of Puerto Rico Shipping Association
- Freight index posts gain during month of August
- Eric Russell announces plans to leave position at Port of Everett
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| OCTOBER 11, 2007 |
- India set to sign Sittwe port pact with Burma
INDIA is to go ahead with the signing of an agreement with the military junta in Burma to develop the port of Sittwe.
- 'Dirty list' shipping firms in Burma
- Freight forwarders face cartel probe
EUROPEAN Commission raids offices as part an investigation into suspected cartel activity.
- ICTSI eyes more terminals in Asia
AFTER picking up three new port projects in six months, International Container Terminal Services Inc remains on the prowl.
- True colours of waste a headache for all concerned
VARYING rules often make it difficult for ships' crews to comply with local environmental regulations.
- At peace with P&I
THE latest review of the insurance market by Brussels appears to have presented P&I with little concern.
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| OCTOBER 11, 2007 |
- US ports urge tighter air standards
Ports across the US are supporting the IMO call for stricter air pollution standards for calling vessels
- Clean-up on at Delaware River spill
THE US Coast Guard continues to investigate the bunker spill from Malta-flagged tanker Tigani that has resulted in vessel traffic restrictions on the Delaware River
- Final push for Black Sea pipeline
FIVE countries have signed an agreement to complete a crude pipeline link between the Black Sea and the Baltic
- Eitzen to sell chemical ship stake?
Camillo Eitzen, the Norwegian shipping group, has appointed Carnegie and Pareto Securities to review its 50.05 % shareholding in Eitzen Chemical ASA
- Hawaii ferry fight moves to Capitol
A special session of the Hawaii Legislature is now the best and possibly only hope for the resumption of Hawaii Superferry service after Tuesday's court defeat
- Profits double for Qatari LNG ships
- Rickmers bags container vessels
- Thailand urged to scrap tax laws
- Oslo helps police with their inquiries
- MISC JV wins FPSO contract
- New order freeze at Hindustan yard
- Singapore economy sizzles
- BDI surges past 10,000 points
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| OCTOBER 11, 2007 |
- Shippers want changes in clean-truck program at Los Angeles-Long beach
Shippers want limits on projects to benefit from box fee, changes to proposal for employee driver mandate.
- House hearing questions FDA checks on food imports
- Larrabee foresees continued growth at NY-NJ
- Trade gap hits new low
- U.S., EU authorities raid forwarders in antitrust probe
- "K" Line dissolves U.S. rail terminal subsidiary
- NRS plans NYC freight complex
- ProLogis sees continued port-related growth
- Rickmers to buy five boxships
- Freight activity edges up
- NOAA choose Seattle port
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| OCTOBER 11, 2007 |
- Kingmaker Carroll increases his stake in ICG
- SAECS add vessel to improve schedule integrity
- International forwarding agents under suspicion
- All fruit is fair game at the fayre
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| OCTOBER 11, 2007 |
- Donbass is Gdansk's godfather
Ukrainian industrial union wins right to buy 75% stake in Polish shipyard.
- Capital upgrade
Bear Stearns upgrades Capital Product Partners to outperform on the stock's value and the company's growth potential.
- Swiber swoops four more
Singapore-listed offshore player bags Thaumas Marine quartet in $108m deal.
- Grounding magnet to shut
A Florida anchorage that has seen numerous groundings could be moved further out to sea to protect a sensitive coral reef.
- SF ferry expansion
A bill on the desk of California Governor Arnold Schwarzenegger could make the San Francisco Bay Area's ferry system as muscular as the former bodybuilder and action movie star.
- Economou in spill probe
Greek owner's tanker investigated after leak from fuel tank in Delaware River.
- Japan detains 23
Bangladeshi owner Alunited Maritime's multipurpose found with illegal oil discharge pipe.
- Anek linked with SSC
Crete-based ferry line may be driving Sea Star's move into shipowning and management, Cypriot sources suggest.
- Whale of a proposal
IMO ratifies plans to designate part of Europe-to-US shipping route 'no go' area to protect right whales.
- SSC rolls into shipping
Cyprus gambling giant is reported to have taken over a shipmanagement company and acquired a stake in six shipowning companies.
- Guangzhou bullish
Hong Kong-listed Guangzhou Shipyard International sees nine-month profit 250% higher on improved efficiency.
- Vinalines looks at leisure
Vietnamese owner grabs part of $4bn project involving one of country's biggest ever property developments.
- Winter cruise sale kicks off
Some owners looking at sale of vessels as alternative to winter lay-up as sun goes down on Med season.
- New credit for Changjiang
Chinese owner signs $800m deal with Bank of China to boost core businesses.
- STX bags capesize double
South Korean yard to build two bulkers after confirmation of $220m deal.
- Eitzen backs Eitzen
Chemical tanker owner supportive of review that could see Axel Eitzen sell majority shareholding in company.
- Asbestos payout for widower
Cash handout for former UK steamship worker whose wife died from cancer after washing his overalls.
- Zim confirms ABG interest
Israeli liner outfit says there have been 'some contacts' regarding investment in ABG Heavy Industries.
- SCI books four at Bharati
Indian shipyard finally secures orders for AHTS quartet from state-owned giant after missing out earlier this year.
- Montenegro tries again
Bijela, southern Adriatic's largest shipyard, up for grabs in second privatisation bid.
- Seventh for SAECS
Safmarine and partners add another boxship to European run to increase reliability.
- Rickmers Maritime bulks up
Singapore business trust buys five 4,250-teu boxships on the back of charters to MOL.
- Aegean buys bunker firm
US-listed Greek bunker tanker specialist acquires Belgian firm Bunkers at Sea and its two vessels.
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| OCTOBER 11, 2007 |
- Drewry report warns against overinvestment in Far East/Europe trade
- Textainer's New York IPO below expectations
- Seaways Shipping looking to grow with $175 million expansion plans
- Boeing announces 787 delivery delays
- Cathay CEO praises HK direction on links with Shenzhen, eastern China
- Lufthansa Cargo marketing Germanwings freight
- NS picks Micropact labor relations tool
- Report: Logistics M&A activity rising, more deals to come
- Groups pan steel duty extension
- Rice pushes for approval of Latin FTA
- BMW leasing warehouses from ProLogis
- Gamesa, Berg' set up company to transport wind turbine components
- AMB opens warehouse in New Jersey
- Ozburn-Hessey adds facility near Toronto airport
- U.S. Justice Department, EU investigating freight forwarders
- FMC reviews 9 OTI license applications
- Kingston transshipments off in 2007
- Guam legislators approve port authority contract bill
- City ethics panel fines L.A. port terminal operator, execs
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| OCTOBER 11, 2007 |
- New integrated maritime policy in EU
The EU-Commission has adopted a strategy and an action plan for an integrated maritime policy of the European Union. The strategy contains steps as a European maritime transport space without barriers, an integrated network for maritime surveillance and a ...
- Doris accident public inquiry next Friday
A public inquiry after the fatal accident involving the Utkilen chemical tanker Doris and a 33 foot fishing vessel opens in Kristiansund next Friday. One 54-year old person missing from the fishing vessel Skarbak is still not found and ...
- Scandlines takes Fosen decision to court
Scandlines will take the decision saying that Fosen Trafiklagg has to be given access to the Port of R'dby on Lolland to court. Scandlines, which owns the harbour, will not accept that a competitor just like that can have access ...
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| OCTOBER 11, 2007 |
- Biodiesel poses environmental challenge
'As a biofuel, it's a failure', expert saying about palm-oil based diesel.
- Record-breaking streak continues
Rotterdam bunker prices could be set for further gains after late HSFO barge deals.
- Oil prices rise on stock declines
Oil gains on IEA warning on falling inventories, bullish weekly US figures.
- UK bunker station close to sale
PBI hopeful that it can resume operations soon after BP's recent withdrawal.
- Rotterdam: Suppliers fully booked this week
- Singapore: Residual fuel stocks jump
Despite a gain in inventories, worries over supply tightness remain.
- Bunker spill at Singapore terminal
Bunker tanker and oil tanker collide. Bunker tanker holed below the waterline.
- Aegean takes over bunker supplier
Acquisition will expand Aegean's presence in Northern Europe.
- Sri Lankan supplier eyes bonded storage
Bunker prices could come down by some $30 per metric tonne.
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