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| APRIL 13, 2007 |
Shipping News
- Georgia Ports eyes Asia trade
AIMING for a larger slice of Asia's growing all-water container trade to the US east coast, the Georgia Ports Authority is embarking on a US$1.2 million upgrade to accommodate a 10-12 per cent year-on-year growth in South-east Asia volumes via the Suez Canal.
- EU charges sea transport firms with running cartel
EU regulators said on Wednesday they had charged several sea transport companies with running a cartel for shipping bulk liquids on ocean routes.
- Nantong Port plans IPO to fund expansion
NANTONG Port Co, partly owned by investment firm PYI Corp Ltd, is planning a stock market listing, possibly in Hong Kong, in the next two to three years to help fund its capacity expansion, its chairman said yesterday.
Admiralty Casebook
- Court rejects vessel owner's appeal
THE Singapore Court of Appeal has upheld a High Court decision last year in which a vessel owner was made to account for describing its vessel's tanks as 'epoxy coated' although the tanks were not adequately coated.
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| APRIL 13, 2007 |
- CSCL profit drops 76pc on rising oil, currency and falling rates
- NOL handles more boxes but revenue drops on higher costs, lower rates
- Maersk's MECL2 service starts calling at Port of Savannah
- OOCL appoints Black Sea agents ahead of June service
- Kuehne + Nagel to provide Celestica lead logistics supply chain solutions
- DHL bolsters global trade products with advisory services
- International demand for air freight continues to fall
- Sydney Airport's new-look Terminal 2 opens
- FedEx Express to buy Flying-Cargo Hungary
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| APRIL 13, 2007 |
- Asia bulk freight rates soar to 28-month high
- Allcargo Global Logistics handles 1st LCL consol box ex-ICD-Dashrath
- Singapore sets the stage for Asian voice in shipping
- Pak agrees to share Iran gas with India
- Pak wheat to be imported
- US Congresswoman calls for closer economic links
- JNP ranks 28th
- Chennai Port posts all-time high cargo throughput
- Kakinada’s old port records impressive traffic in 2006-07
- Rlys on a roll with 16.48 pc more revenue
- Unprecedented growth in goods and transport business projected
- Uneven growth of CFSs around JN Port
- BoA to clear 19 SEZ proposals on May 9
- Orissa lines up slew of projects for development via PPP route
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| APRIL 12, 2007 |
- TNT: new member of supervisory board
- Hamburg Süd holds naming ceremony for the "Bahia Castillo" in Korea
- Bentheimer Eisenbahn extends Coevorden terminal
- FedEx Express acquires service provider in Hungary
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| APRIL 12, 2007 |
- Somali pirates release hijacked vessels
- Aker signs Eur180m ferry deal
- MSC back in Busan
- UK P&I looks for continued LNG record
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| APRIL 12, 2007 |
- Navy cancels Littoral Combat Ship 3
- Canada to renew Coast Guard fleet
- Dubai consolidates shipyard operations
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| APRIL 12, 2007 |
- Port of Portland Commission Oks move to PDX headquarters
- Port of Bellingham takes lead in environmental cleanup projects
- Hamburg Sud christens new container vessel
- Longview Port Commissioners call for applications to fill Larson post
- Transport services index falls during month of February
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| APRIL 13, 2007 |
- Rescue underway as anchor handler sinks off Shetland
A MAJOR search and rescue operation was taking place off Shetland on Thursday night after a Norwegian anchor handling tug with 15 crew on board capsized during a routine manoeuvre
- Groups unite to push for more British seafarer jobs
CHAMBER of Shipping, RMT and Nautilus UK join hands to lobby for more British seafarer jobs.
- Brazil plots grand return to shipbuilders top table
PRESIDENT Luiz Inacio Lula da Silva says country must take big steps to make up for lost ground.
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| APRIL 12, 2007 |
- Lawyer Kuznicky heads Pan Canal
DANI Kuzniecky is to replace Ricaurte Vasquez as president of the Panama Canal Authority's board of directors
- Maltese ship awaiting tow to Shannon
THE 3,427-gt Maltese-registered chemical tanker West Sailor remains off Ireland’s west coast following a fire in the engine room on Tuesday
- HBOS to sell £200M Red Funnel
THE 146-year-old UK ferry operator Red Funnel is reported to have been put up for sale by its present owner, Edinburgh-based bank HBOS
- CP class action dismissed
THE long-running shareholder class-action suit alleging financial improprieties by former CP Ships executives has been dismissed
- Higher opex dampens KG returns
- Icebreaker evacuees reach shore
- Transneft to bypass Belarus
- Ferry 'hit or swamped yacht Ouzo'
- Dubai repairers form new structure
- Sea Diamond rescue plan 'overruled'
- Box maker Singamas hit by delays
- Singapore strait 'not piracy hot spot'
- 241 evacuated from blazing icebreaker
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| APRIL 12, 2007 |
- Testing may delay TWIC past deadline
Enrollment for the Transportation Worker Identification Credential will not begin until testing is complete, TSA chief tells senators.
- Another ship order for Danaos
- Filing rules at issue for importers, Customs
- CN locks out strikers at Vancouver terminals
- Customs adds C-TPAT benefit
- Matson forms 3PL unit
- Rail freight drops in April
- Seaspan orders four boxships
- UPS to build Shanghai hub
- Americas leads Lufthansa cargo
- Coast Guard probes Calif. grounding of bulk carrier
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| APRIL 12, 2007 |
- "Maritime environment" implementation of TWIC highlighted as challenge
Implementation in the "maritime environment" of the US Transportation Worker Identification Credential has been identified as a "challenge" to the TWIC timetable which is mandated by US law.
- Busan wins MSC back from Ningbo
Mediterranean Shipping Company has relocated its transhipment centre from China’s Ningbo port to the Gamman Terminal in Busan, Busan Port Authority announced today.
- Freightliner for Australian debut?
- Rotating CN strikes start to fizzle
- APMT quells speculation over NZ terminal interest
- CMHI volumes driven by China, though Vietnam port to come within company’s horizons
- Emirates Shipping, TS Line extend co-operation to East African route
- WTO sees slowing world economy in 2007, but trade growth to remain above GDP
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| APRIL 12, 2007 |
- Moving target
Analyst puts a number to Danaos' new charter deals and says New York-listed owner's share price should be heading north.
- Herning considers its options
Danish firm appoints Pricewaterhouse to look at ownership structure as family founder nears 80.
- Breakaway bulker refloated
Spar vessel freed and helped back to refinery after busting free from moorings and grounding in river near San Francisco.
- Seaspan reels in CSAV
US-listed company signs for four panamax vessels at Jiangsu on the back of new partnership with Chileans.
- Chandris charter for BP
Greek tanker owner fixes VLCC newbuilding out to oil major BP for three years trading.
- More bad news at Lindo
Spectre of closure looms over Maersk-Moller yard again as it posts another loss and misses productivity targets.
- McClure leaves Navios CFO seat
Senior management to be based at dry-bulk owner’s Greek office as George Achniotis gets the nod.
- Out of Africa
Samsungs picks up drillship order as unidentified European owner contracts at Mipo for chemical carriers.
- Real commitment from Transpetro
Brazilian owner puts its money where its mouth is by finally inking nine-tanker order at domestic yard.
- Tallink makes it a trio
Estonian ferry operator adds to order tally at Aker Yards with deal for third Galaxy-class ship.
- Pac Basin adds a pair
Hong Kong handysize bulker owner has gone to Jiangmen Nanyang Ship Engineering for more ships.
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| APRIL 12, 2007 |
- EC issues cartel charges against bulk liquid shipping companies
- Seaspan orders four 4,250-TEU ships to charter to new customer CSAV
- SvitzerWijsmuller rebranding to Svitzer
- MSC returns to Busan
- OOCL names Black Sea agents ahead of new service
- Yasui head of "K" Line Bulk Shipping (UK)
- Cathay, Dragonair cargo down 2% in March
- Secure Freight Initiative begins limited container exams
- Allen Group opens Dallas logistics hub
- Mason takes over as head of DP World's U.K. terminals
- Dunkirk's cargo up 1% in 1st quarter
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| APRIL 12, 2007 |
- EC charges Stolt-Nielsen, Odfjell and Jo Tankers
The European Commission (EC) has formally charged Stolt-Nielsen, Odfjell and Jo Tankers with price fixing. Strictly speaking the charges has ...
- More applicants for maritime training in Norway
Growing interest in maritime training is apparent in most parts of Norway and reflects efforts made by Maritimt Forum and ...
- Wilh. Wilhelmsen takes share in Eidsiva
Wilh. Wilhelmsen (WW) has secured a 21.5 per cent share in car carrier and ro-ro owner Eidsiva for NOK 95.6 ...
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| APRIL 12, 2007 |
- Marine Bunkering takes on temporary staff
- Greeks battle cruise ship bunker spill
Efforts ongoing to stem fuel leak from cruise ship which sank near Santorini.
- Rotterdam market remains tight
- Singapore: Stocks of residual fuels up
Stocks of middle distillates fall to 7-week low.
- Horizon Terminal expands capacity
Oil terminal adds capacity to meet Singapore's booming physical oil trade market.
- Hong Kong 180 cst supplies run 'dry'
Traders find it difficult to quote for bunker fuel stems above 500 mt.
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