 | web site |
| NOVEMBER 14, 2007 |
Shipping News
- Jurong Port's Oct throughput up 12%
JURONG Port saw an 11.9 per cent increase in container throughput in October to 66,000 TEUs (20-foot containers) from 59,000 the previous year.
- Asian product tanker rates surge
Asian oil-product tanker rates rose, led by demand for larger vessels to transport gasoline, naphtha and other products before the northern hemisphere winter.
Strait Talk
- Evergreen's bright view of the future
IF you're looking for one name to sum up success in an era of containerisation, Evergreen would have to be high on the list. The Taiwan-based carrier's phenomenal growth parallels the unstoppable rise of the box.
|
 | web site |
| NOVEMBER 14, 2007 |
- APL loads first 53-footers on ship at Shenzhen's Chiwan terminal
- Sinotrans Shipping HK institutional tranche 14 times oversubscribed
- ProLogis Hangzhou logistics park first phase construction ends
- Gansu Jiuquan Customs starts operation
- Erlianhaote opens Inner Mongolian cargo distribution centre
- Heibei, Henan foreign trade surges in first three quarters
- Philippines ICTSI sees net income rise 35pc in third quarter
- Malaysia's Labuan Liberty Port growth robust in first half
- Kuehne + Nagel acquires two logistics firms in Germany
- Lufthansa flies Beaujolais Nouveau around the world
- Kuehne + Nagel opens perishable cargo facility at Schipol Airport
- US military air cargo shifts from South Carolina to NJ and Delaware
|
 | web site |
| NOVEMBER 14, 2007 |
- Middle East becoming a sophisticated hub for shipping industry
- MMTC invites bids for importing 3.5 lakh t wheat
- Lanka may import Indian sugar
- Oilmeal exports drop 22 pc in October
- 3 new post-Panamax quay cranes and 10 RTGs arrive at Port Pipavav
- DP World demonstrates its operational efficiency
- Port workers demand interim relief
- Rlys drawing up liberal wagon leasing policy
- China agrees to cooperate on railway projects
- Bangladesh joins Trans-Asian Railway network
- Forex reserves touch $ 266.518 bn
- Strengthened rupee helps bring down inflation
- 11th Plan projects 9 pc GDP growth
- Paper on export competitiveness on anvil
- Indo-Greek Business Council to be inaugurated today
|
 | web site |
| NOVEMBER 13, 2007 |
- Janusz Lacny elected new IRU president
- The New World Alliance enhances Asia-Europe service
- Qatar Airways expanding network
- SDV: platform in Roissy with new accreditation
- IRU: proposed EU regulation contradicts national and international law
- e-Truck manifest now available at all border crossings
|
 | web site |
| NOVEMBER 13, 2007 |
- New World Alliance axes transpacific capacity
BOXSHIPS likely to be laid-up as fuel prices soar and demand slackens.
- New World Alliance upgrades Asia-Europe service
- Quintana takes protective action
BOARD adopts "appropriate measures" to guard against possible hostile takeover bid.
- Imarex poised for Italian FFA market foray
IMAREX inks option for majority stake in Italian tanker FFA broker Bravo Futures.
- London insurers tap into Asia's promise
SINGAPORE offers insurers a wealth of new business opportunities.
- Investing for the flood
MONEY poured into preventing floods has proven fully justified.
|
 | web site |
| NOVEMBER 13, 2007 |
- Megawati back in mega trouble
Troubles return to hound ex-Indonesian president Megawati Soekarnoputri, following disclosures of her role in the controversial VLCC sale
- Fury at fat fees for lawyers
FEE demands for two whistleblowers in the case against OSG are being called excessive by federal prosecutors, who are asking a court to block the payment demand
- Navios scores IPO success
- Malaysia seeking maritime lift
- Suez Canal sets revenue record
- Indian LNG terminals under threat
- Unions in floating punch-up
- Crew saved after five days at sea
- Defendant pays but ASRY case goes on
- Korean owners threaten boycott
- Price wars hurting Busan operators
|
 | web site |
| NOVEMBER 13, 2007 |
- Widdows: Soaring fuel costs are changing the shipping business
Bunker prices have risen so high so fast that many trade routes are no longer profitable, APL chief says.
- Panama Canal expansion gets environmental approval
- TWIC sign-up expanded
- New World Alliance to increase winter capacity cuts
- Customs completes installation of truck e-manifest
- Intermodal slows down
- Cosco Busan crew ordered to appear before grand jury
- Inttra debuts online shipping instructions application
- CSX Intermodal to open new Buffalo terminal
- Schenker to add Vietnam center
- Tuticorin boxes up 20%
|
 | web site |
| NOVEMBER 13, 2007 |
- CMA CGM to raise funds in the US
- New World Alliance to cut up to 20% of Transpac capacity
- US intermodal industry emphasises capacity increase requirements
- Chinese toys recalled in 'date rape' scare
- UK truckers consider new fuel protests
|
 | web site |
| NOVEMBER 13, 2007 |
- Wilson Sons net grows
Third-quarter profits at Brazilian shipping, terminal and shipyard group grows 36.9% to $19.2m.
- Vafias steps on the gas
Nasdaq-listed StealthGas sees profits buoyed by increased charter income from its larger fleet.
- Eight for Damen
Three different companies order crew boats and patrol ships from Dutch shipyard group.
- Navios prices at $20
Initial public offering for spin-off Navios Maritime Partners prices at $20 per share, bringing the potential share sale to $240m.
- DFDS sees ray of light
Copenhagen-based company to use green projects to offset retrospective tax payments.
- Suez gassed up
Rising gasship traffic boosts ten month returns for the Suez Canal Authority.
- Euroafrica buys Vironia
Polish owner adds to fleet with buy of former Saaremaa Shipping ferry.
- Yard IPO goes to Toronto
Reinvigorated Davie Yards' Norwegian owners are taking the company's scheduled initial public offering to the Toronto Stock Exchange.
- Balakovo wins barge deal
Ruyven of the Netherlands inks contract for up to six dry-cargo units at Russian yard.
- Imarex into broking
Norwegian freight futures market in deal to acquire majority stake in Italian broker.
- JES goes down IPO road
Another Chinese shipbuilder to tap financial markets through float, again in Singapore.
- U-Ming seals supramax deal
Taiwanese owner heads to Cosco's Zhoushan Shipyard for bulker duo worth $77m.
- Feds eye lawyer's cut
Prosecutors in the pollution case against OSG have turned on the lawyer of two whistleblowers for his cut of their payout.
- Anek steps it up
Greek owner banks improved returns at the end of its traditionally strong third quarter.
- Another trio for Srab
Swedish owner back at Eregli Shipyard in Turkey for three more small products carriers.
- Namura expects more
Japanese shipbuilder pushes up first-half forecast as revenues rise.
- Norwalk virus hits NCL
Outbreak of "highly contagious" virus onboard the Pride of Hawaii has affected over 200 passengers.
- Omega net booms
In its second third-quarter report since last year's IPO, Greek products tanker owner's profits surge to $4.3m, nearly five times last year's total.
- Toei takes turn for worse
Japanese reefer player's full-year profit forecast slashed as margins shrink.
- Daewoo bags four biggies
Mysterious Middle Eastern owner pays $600m for Korean VLCC quartet.
- Tallink turns it on
Expanded Estonian ferry group to beat last year's profit on back of second half growth.
|
 | web site |
| NOVEMBER 13, 2007 |
- New World Alliance to cut winter transpacific capacity
- Black Sea storm sinks vessels, five sailors dead
- TACA raising BAF
- APL's average revenue per FEU up 9%
- Busan crew held for federal criminal probe of Bay Area bridge accident
- NYMEX acquires stake in Freight Futures Exchange
- Sea Star sets new intermodal charges
- Qatar Airways orders 5 more 777 Freighters in $6.1 billion deal
- Cathay Pacific cargo rises 6.6% in October
- Cargolux fuel surcharge on the rise
- Alexander & Baldwin unit acquires Savannah logistics complex
- Schenker expanding in Vietnam
- Pilot launches auto logistics division
- China's container throughput up 22.7 percent through September
- Suez Canal revenue up 22.4% in October
- Jurong Port's October box volume up 12%
- GM, Hueneme port sign deal to handle 20,000 autos per year
|
 | web site |
| NOVEMBER 13, 2007 |
- Norway accept NOx tax be placed in fund
In January the Norwegian government introduced a NOx tax of NOK 15.00 per kilo, but so far all the proceeds have gone straight into the state coffers without being earmarked to reduce NOx emissions. The Norwegian Shipowners' Association (NSA ...
- EU has the right to demand member state environmental legislation
The EU has, even though criminal law normally does not fall under the union's jurisdiction, the right to demand that its member states have an effective legislation when it is necessary to protect the environment. This is stated by the ...
- Norwegian ports rebell aginst new ISPS fee
A growing number of Norwegian ports rebel against the new ISPS (International Ship and Port Facility Security Code) fee of NOK 25,000 per ISPS terminal. In the 2007 budget the government decided that the Norwegian Coastal Administration's (Kystverket) accrued cost ...
|
 | web site |
| NOVEMBER 13, 2007 |
- Northwest Ports clean air meeting
Next round of public consultation going ahead this week.
- Fuel oil spill 'long expected disaster'
Kerch Strait clean-up delayed by strong winds; damage to fisheries 'too grave to assess'.
- Dip in Russian exports
Record export duties may have contributed to reduced fuel oil shipments.
- Crude oil prices weakening
Price surge has sapped demand, says International Energy Agency.
- Japan: $39 hike in October bunker fuel contract
Benchmark fuel oil price agreement up 9.3% from September as Japan lags behind regional price gains.
- Bunker hubs see prices fall
Rotterdam 380 cst prices have dropped $27 per metric tonne in seven days.
- Prices down in Rotterdam market
- Shell shuts Singapore secondary unit
'Routine shutdown' will add to pressures on 'tight' fuel oil market.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
