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| SEPTEMBER 17, 2007 |
Shipping News
- Gulf-to-Japan crude route slumps
The world's main crude export route sank to a four-year low on Friday, hit by rising fleet supply and despite Opec's agreement this week to raise production in November.
- Baltic dry freight index dips from record high
The Baltic Exchange's dry freight index , which gauges the strength of seaborne dry commodities trade, dipped for a fourth consecutive day last Friday, dropping 2.1 per cent from a record high on Sept 10.
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| SEPTEMBER 17, 2007 |
- Shanghai International Port Group up 18pc to record 2.3 million TEU
- CSAV Norasia's Black Sea service puts Ilyichevsk in the loop
- HPH to raise stake in Shenzhen Yantian West Port Terminals to 65pc
- PSA's US$3.3 billion Pasir Pajang Terminal now operational
- Clarksons first half operating profit leaps 41pc
- Virtual panel discussion to be set up by Capital Link Shipping
- China Southern unveils new English website
- Sinotrans Air, NRS set up logistics joint venture
- Canada, New Zealand reach open-sky deal
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| SEPTEMBER 17, 2007 |
- ONGC strikes good deal with Transocean Inc
- Parekh Marine Agencies facilitates new record unloading of HR steel coils at Kandla Port
- Listed China-bound ship refloated
- GE Shipping contracts to sell Aframax crude carrier
- New skippers come aboard to steer KPSAA
- Imports from Chile get duty concessions under PTA
- MPEDA envisages seafood exports worth $ 6 bn by 2015
- Tapioca farmers want import duty on starch raised
- Mumbai Port keyed to upgrade for ex-im trade
- Service with a difference-Gati style
- Iron ore despatches in rakeloads resume in Orissa
- Kamal Nath to approach PM for EOU tax sops extension
- Treat SEZs as infrastructure projects, urges Kamal Nath
- RIL plans 3 more SEZs in Navi Mumbai
- Sharp dip in industrial production index
- Textile industry cautions govt on FTAs
- West's dread keeps India out of Apec
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| SEPTEMBER 17, 2007 |
- Mossevelde takes charge of PSA Sinport's Italian terminals
- Transnet order tugs for Durban and Ngqura
- ANA speeds up Tokyo-Shanghai services
- Armadillo renamed DPD in Russia too
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| SEPTEMBER 14, 2007 |
- UK's MAIB wants boxship Code of Practice
- FMC penalises Hyundai MM
- St Lawrence Seaway traffic down
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| SEPTEMBER 14, 2007 |
- Indictments in marine hose price fixing case
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| SEPTEMBER 14, 2007 |
- Port of Bellingham schedules Blaine waterfront development meeting
- Seattle Port Commission Oks dredged material disposal plan
- Customs warns commercial drivers to renew FAST program memberships
- Freight Transportation Index posts decline during July
- Month of August sees drop in US rail freight numbers
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| SEPTEMBER 14, 2007 |
- Lines tell EU to clarify data sharing rules
EUROPEAN Liner Affairs Association to push for more clarity from the Brussels.
- Brussels urges liner firms to share data
- Le Havre fined for unfair pricing
PORT gets $3.6m fine for discriminatory pricing against a cargo-handling company.
- HSBC lifts Goldenport share price target
GOLDENPORT gains hefty 23% rise after it unveils $245m expansion plans.
- Status quo is no longer an option for crew shortages
ATTENDEES at an ISF meet were told shipping is not doing enough to attract the right people in the right numbers.
- A code for box safety
OTHER shipping sectors have codes of operational safety, so why should the container trade be an exception?
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| SEPTEMBER 14, 2007 |
- Sethu Canal falls foul of the gods
The project to dredge India's Sethusamudram (Sethu) canal to open it to deep-draught shipping has hit another hurdle as the government asked for three months in which to re-consider all aspects of the contentious project
- Four-year-old spill still an issue
MORE than four years after a Bouchard oil barge spilled over 32,000 tonnes of oil, local beaches are still being cleaned up
- Exxon takes Venezuela to court
EXXONMobil has filed a case with the International Centre for Settlement of Investment Disputes after talks with Venezuela over seized Orinoco Belt assets broke off
- Bear Stearns seals MC buy
BEAR Stearns Merchant Banking completed its takeover of MC Shipping today, following last week's shareholder approval
- Green policy will fuel ports
PORTS will benefit from concerted drives to turn transport 'green' with the increased used of biofuels, says the commercial manager of the Port of Antwerp chemical cluster
- Ex Møller boss becomes Clipper CEO
Tommy Thomsen, until 1 July partner of AP Møller-Maersk and head of APM Terminals, has been appointed CEO of Clipper Group
- Pair accused in price-fixing probe
- Humberto's depression, Arthur's joy
- Cartagena becomes 53rd CSI port
- Two dead in Sembawang mishap
- ABG rescues Western India Shipyard
- California gets hot on cold ironing
- UK's green credentials questioned
- Transfennica targets Spanish trucks
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| SEPTEMBER 14, 2007 |
- EU issues draft rules for liner shipping
The guidelines suggest how the industry should be structured when liner conferences' antitrust immunity ends next year.
- Va. terminals to stay open Saturdays during peak season
- Security deadlines loom for Canadian ports
- U.S., Japan expand air pact
- IRS ruling will save VPA millions on Craney Island terminal
- Cartagena becomes CSI operational
- Rieber Shipping protests Norwegian tax proposals
- Industry prepared to deal with product safety regs, importer says
- PierPass tightens registration rules
- Frankfurt sets another air-cargo record
- "K" Line adopts green cranes
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| SEPTEMBER 14, 2007 |
- In terminal decline
The container leasing industry is facing extremely challenging times, but is it being marginalised as ocean carriers hone their own equipment management skills, reduce their inventories and maximise the use of their own assets?
- Carriers claim victory over EC's competition guidelines
- Navipe-Astakos terminal opened
- RCL'S volumes up but profits down
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| SEPTEMBER 14, 2007 |
- Louisiana to sue V Ships
US state preparing litigation against company as federal regulators investigate February bridge crash.
- EC guidelines lack detail
Europe's long awaited guidelines to open competition in shipping markets are only slightly clearer than mud.
- PST sees bright revenue horizon
Pacific Shipping Trust reveals details on newbuildings deal and a forecast of revenue growth.
- SembCorp blast claims two
Latest incident at SembCorp marine yard follows similar fatalities at Asian shipyards.
- Sigh of relief over New Flame
Gibraltar's chief minister declares fuel removal a success a month after bulker's collision.
- Samsung quick off the blocks
Korean shipbuilder claims new "tera-block" method will allow it to build ships from just two hull pieces.
- Cartagena on pre-screen list
Colombian port is the 53rd under the US Container Security Initiative to pre-screen cargo containers bound for US ports.
- Vinalines makes bank call
Vietnamese owner gets $130m loan from Citigroup for fleet expansion and port construction.
- Greenpeace blocking bulker
Environmentalists blockade Gearbulk vessel in Quebec over forestry practices in Canada's boreal forest.
- Donbas in pull-out threat
Ukrainian steel mill wants share-deal deadline brought forward or it could pull plug on Gdansk yard deal.
- Thomsen surfaces at Clipper
Former AP Moller-Maersk executive joins rival compatriot owner as chief executive.
- Hartmann orders octet
German owner signs for eight 2,000-teu boxships at Hyundai Mipo in Korea.
- Reliance readying JVs?
Indian energy and industry giant could spend $2bn on joint-venture shipbuilding and dredging operations.
- Odfjell tanker aground
No pollution reported from Bow Star off Indonesia, but ballast tanks leaking.
- Daewoo bags brace
Korean yard not revealing identity of owners behind the VLCC and drillship orders.
- Marine losers?
Hull insurers worry about crewing crisis and claims while offshore energy rivals are in the money.
- Globus buys big
Greek owner adds eighth vessel with deal for IMC panamax.
- Vinashin deal confirmed
Vietnamese shipbuilder takes 3.5% stake in country's biggest insurer Bao Viet for $90m.
- Cochin builds new bunker terminal
Indian port setting up purpose-built bunkering facility at Puthuvypeen.
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| SEPTEMBER 14, 2007 |
- Analysts say boxship orders "daunting"
- Ram's bridge a difficult one to cross for Indian maritime industry
- CSAV Norasia adds Ukraine call to Black Sea Service
- TBS reaches deal to acquire ship
- Evergreen shows off C-TPAT certificate
- Air cargo carriers to benefit from U.S.-Japan aviation deal
- Senate bill includes provision defunding cross-border truck program
- Firm creates self-loading, discharging trailer
- Deutsche Post makes Appel head of logistics, moves Allan to CFO
- SEKO Louisville moves into bigger facility
- NYK Logistics (Scandinavia) opens Kotka, Finland office
- Saddle Creek hires Hardy as marketing director
- CSI begins in Colombia
- Vancouver USA port board approves rail project, land purchase
- Vietnam terminal operator orders more RTGs from Kalmar
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| SEPTEMBER 14, 2007 |
- Birka Paradise to be upgraded
Birka Line Abp and Aker Yards have signed an agreement about upgrading deck ten on the cruise vessel Birka Paradise ...
- First LNG shipments from Snøhvit shortly
LNG carrier Arctic Lady will carry the first liquefied natural gas (LNG) shipment from the Snøhvit field in the Barents ...
- Draft guidelines on liner and tramp competition published
The EU Commission has now published its draft guidelines on EU competition rules in the maritime sector. Liner shipping as ...
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| SEPTEMBER 14, 2007 |
- Biodiesel bunker tanker welcomed
Summer a busy season for new operation, with expansion likely.
- Fresh attack on 'distillate proposal'
Report claims some tanker owners are protesting INTERTANKO's position.
- ARA low-sulphur bunker market still taking shape
Low-sulphur demand could force bunker business to 'fragment'.
- Rotterdam market quiet at midday
- Sri Lankan supplier wants larger market share
Supplier launches a new double-hulled bunker tanker, bringing its fleet to four.
- Shell to operate Zemira in Melbourne
New bunker tanker is expected to start making deliveries next week.
- Hurricane Humberto shuts refineries
Several port waterways and ship channels closed too.
- Sri Lankan bunker project facing delay
Disagreements over construction contract, but backers say first phase work should still be on schedule.
- Titan negotiating China licence
More details have been emerging of Titan's plans for bunkering in mainland China and Hong Kong.
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