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| APRIL 16, 2007 |
Shipping News
- PTP sees 2-digit growth this year
MALAYSIA's Port of Tanjung Pelepas is looking at double-digit growth again this year, according to its chief executive officer Harun Johari.
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| APRIL 16, 2007 |
- Cosco to invest US$647m in Fujian's shipping, logistics industries
- Ningbo ports break record, handling 700,000 TEU in March, up 44pc
- Nanning to hold China-Asean port forum in October
- Nantong port's Q1 box throughput up 14pc
- USL to call at TraPac's box terminal in Oakland
- Asean Ports & Shipping Expo comes to Vietnam in 2008
- Ghana Chamber of Commerce joins forwarders to fight outmoded fees
- Hactl Q1 volume growth hit by softening export demand
- Cathay-Dragonair volumes fall 2pc as sea freight takes cargo
- LASW-Beijing to act as agent for AA and KE
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| APRIL 16, 2007 |
- PS Bedi Group holds 2007 sales meet in New Delhi
- RINL to continue box movement via coastal shipping
- Provide fiscal incentives to promote coastal shipping, urges ADB report
- Ship prices expected to prevail at record highs for 2 more years
- Allcargo Global Logistics recasts management team to meet challenges
- GAC offers FRS for effective maritime safety
- Mauritius offers India Inc the world!
- GMB showcases its active role in ports development
- CCEA clears project for 4-lane National Highway connectivity to Vallarpadam ICTT
- Paradip, Haldia & Visakhapatnam ports to handle more coal for SAIL
- Boxtrans Logistics (India) Services begins containerised rail freight operations
- Rlys runs a profitable track, to reach out for more
- Rising interest rates may force truckers to hike freight charges
- RBI relaxes asset classification norms for core funding
- Manufacturing sector pushes up IIP to 11 pc in February
- Govt may limit number of SEZs to 400
- CCEA approves import of 1.5 m tonnes of pulses to overcome shortage
- Textile team to visit South Africa
- Ficci to hold interactive meeting with Belarus team today
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| APRIL 13, 2007 |
- New CFO at ProLogis
- U.S. Lines appoints TraPac as Oakland terminal operator
- Zoom between London and the Big Apple
- Crossrail Italia officially approved in Italy
- Dachser scoops up AFT
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| APRIL 13, 2007 |
- Three dead, five missing in ‘Bourbon Dolphin’ capsizing
- Indian government could abolish liner conferences
- Golden Ocean splashes out on capesizes
- PC Maritime introduces ECDIS training
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| APRIL 13, 2007 |
- Schnitzer Steel reports improved numbers for quarter
- Matson Integrated Logistics forming distribution subsidiary
- California High Schoolers win NOAA ship naming contest
- Port of Tacoma posts 2006 annual report online
- Mitsui plans to expand bulk fleet by 60 vessels
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| APRIL 13, 2007 |
- Smit secures Bourbon Dolphin salvage contract
NORWEGIAN authorities set up team comprising investigators and maritime specialists to look into cause of accident.
- Charter rates rise after anchor handler capsizes
- Yangzijiang IPO oversubscribed
CHINESE shipbuilder's offering on the Singapore Exchange has been 39 times oversubscribed.
- Panama Canal chief resigns
PANAMA’s minister for canal affairs Ricaurte Vasquez quits to concentrate on his ‘private activities’.
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| APRIL 13, 2007 |
- Masters bid to end criminalisation
PONCE 13 April – America's most senior captains are going on a crusade to end seafarer criminalisation and will begin with the law that landed Wolfgang Schroeder in jail
- Ferry passengers await compensation
UK ferry passengers are still waiting for UK Customs to return alcohol and tobacco that was confiscated in the period to 2004
- DFDS Seaways transfers tonnage
DFDS Seaways is to swap ships on its two services from Newcastle in the UK to better match capacity requirements on each service
- Port of Americas moves ahead
THE proposed $250M Port of the Americas is moving ahead and could be operational as soon as next year
- Bharati clarifies Swan Hunter talks
INDIA'S Bharati Shipyard has clarified that negotiations have been held with Swan Hunter for the purchase of shipyard machinery
- SNCM, CMN wins Corsica concession
- INSA urges more support for local yards
- Odfjell promises to co-operate
- Bourbon survivor search resumes
- Casualties as fast ferry hits whale
- Posco in Daewoo rumours
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| APRIL 13, 2007 |
- Rotterdam tug workers to vote on pact
Union workers to vote on contract aimed at ending strikes that have disrupted shipping at Europe’s biggest container port.
- NYCT talks break down
- Seattle delays T-30 reopening
- Air freighter fleet to double by 2026
- U.S. trade gap narrows
- DOT re-opens comment period on chassis rule
- U.S. begins testing of Secure Freight Initiative
- Dallas Logistics Hub opens
- Trade banker blames U.S. for China trade deficit
- Emirates opens two services
- New chairman appointed to Panama Canal board
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| APRIL 13, 2007 |
- CN and union to resume talks
The United Transportation Union said today it has accepted to meet Saturday in Montreal with Canadian National Railway, for exploratory talks on resuming collective bargaining.
- Jakarta likely to gain Hutchison support for Tanjung Priok merger, despite labour opposition
The merger of Tanjung Priok’s Jakarta International Container Terminal and TPK Koja looks set to gain support from international shareholder Hutchison Port Holdings, if not their workers.
- ANL takes up USL option
- SITC to launch two Japan/China loops
- CSAV charters for Seaspan’s new 4,250 teu vessels preserve fleet profile
- European shippers take liability issues to New York
- "Maritime environment" implementation of TWIC highlighted as challenge
- Rickmers Maritime to raise US$181m via Singapore IPO
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| APRIL 13, 2007 |
- Genco loads poison pill
Peter Georgiopoulos's Genco looks to be preparing defences for life after the departure of Oaktree Capital.
- $4m bonus for Fabrikant
Charles Fabrikant made over $8m at Seacor in 2006 including related-party transactions.
- Yes and no
Harry Vafias says vessels in his 30-strong LPG fleet are for sale at the right price, but that Stealthgas itself is off limits.
- Sell your granny
Transmed Shipping of Greece has pocketed $31m for an elderly capesize bulker.
- Sovcomflot pot swells
Sergey Frank-led Sovcomflot is planning further trips to the capital markets after netting $179m in 2006.
- Navios ‘integration complete’
Angeliki Frangou is done moving pieces of New York-listed Navios Maritime to Greece, says Navios veteran Michael McClure.
- Diana discount
Simeon Palios-controlled big spender Diana Shipping has sold more shares on the cheap.
- Doyle lifts ICG stake
Consortium challenging mbo of Irish Continental increases its shareholding to 20%.
- Dollars for Dynacom
George Procopiou's Dynacom is said to have sold a pair of modern aframax tankers to Libyan buyer LNOC.
- D’Amico aims high
Italian owner values products-tanker wing at $800m as roadshow looms for May listing.
- Investors snap up Yangzijiang
Buyers scrabble for Chinese shipyard's shares in sought-after Singapore IPO.
- Posco pulls Daewoo closer
Korean steel maker continues to mull takeover of compatriot yard with price the main stumbling block.
- Sichem Aneline to be lightered
Environmental threat forces Eitzen to remove part of benzene cargo from grounded ship off Canada.
- GOG orders more capes
Golden Ocean Group has spent another $296m on four capesize bulkers at yards in Korea and China.
- Last chance saloon
Shipowner bodies making one more bid to persuade Panama canal to curb its pricing.
- Cosco Corp downgraded
Citigroup initiates coverage with a ‘sell’ call on concerns over high valuation and potential pitfalls.
- Eitzen ship grounds in Canada
Captain reports rudder problems as chemical tanker loaded with benzene groundsleaving Montreal port.
- Anchor handler capsizes
Five crew still missing from French owned vessel after incident 75 miles off Shetland Islands.
- Growth hits Britannia
Fleet expansion pushes up costs at Britannia Bulk which splashes out another $47m on two vessels.
- CSG adds tanker pair
China Shipping Group has ordered another two 46,500-dwt ships at its own shipbuilding arm.
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| APRIL 13, 2007 |
- MOL plans to add 60 dry bulk vessels
- Emirates Shipping Line, TS Line connecting Asia, East Africa
- 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)
- UPS China hub moves closer to reality
- Singapore Airlines starts Nairobi cargo service
- Cathay, Dragonair cargo down 2% in March
- More states get mandatory e-truck manifest orders
- Prince: Transportation "free ride" over
- Sears signs multiyear deal with GT Nexus
- Secure Freight Initiative begins limited container exams
- Allen Group opens Dallas logistics hub
- Matson Integrated Logistics forms distribution arm
- Forwarders unite on air cargo message
- New York will be pilot port for TWIC readers
- 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 13, 2007 |
- Five missing after supply vessel capsize
Three crew are found dead and five are still missing after the French controlled, but Norwegian registered anchor handling tug ...
- Huge loss on shipbuilding in the Mærsk group
Odense Steel Shipyard in the A. P. Møller-Mærsk Group made a huge loss in 2006, reaching a new record ...
- Golden Ocean contracts four capesizes
Golden Ocean Group has acquired two newbuilding contracts at Daehan Shipbuilding Co. Ltd., South Korea and two at Zhoushan Jinhaiwan ...
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| APRIL 13, 2007 |
- Friday the 13th brings bad luck for bunker buyers
Prices in major ports reaching record highs for the year, US Gulf avails tighten.
- NGO joins call for cleaner shipping
IMO needs to act or shipping may face unilateral EU action on emissions.
- Chevron to launch onboard drip oil analysis service
New service aims to help ship operators optimise lubricant usage as fuel oil quality varies.
- Congestion in Rotterdam market
- Rising voyage costs weigh down Britannia Bulk
Baltic operator says 45% rise in voyage expenses mainly due to increasing bunker and port costs.
- Singapore: March bunker sales dip
First quarter bunker sales up 13.7% from year-ago levels.
- Dialog, Trafigura to build Malaysia terminal
Rights have been awarded to Dialog Group to jointly develop tankage facilites with Trafigura Beheer BV.
- New Busan storage facility to import marine fuel
International traders and tank operators may soon be able to supply marine fuel into the South Korean bunker market.
- India concludes oil spill exercise
Mock exercise conducted in the Gulf of Kutch, which may see higher crude oil transportation traffic.
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