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| SEPTEMBER 18, 2007 |
Shipping News
- RM1b upgrade for Penang Port
Malaysia's oldest port, Penang Port, which has been identified to play the role of lead port in the Northern Corridor Economic Region (NCER), intends to enhance its existing competencies as it leverages on intra-Asian trade as its pillar of strength, says a report in Malaysia's Business Times.
- Myanmar liner to start service to Sri Lanka
Myanmar's state-owned overseas liner, the Myanmar Five Star Lines (MFSL), will introduce its cargo transportation service to Sri Lanka soon to mark the opening of a direct sea link between the two countries to boost bilateral trade ties, the local Flower News reported yesterday.
- Caltex Australia buys bigger oil cargoes
Caltex Australia Ltd, the nation's biggest oil refiner, said it's increasing the size of crude-oil cargo purchases and buying the commodity from more distant sources, including West Africa, to boost profits at its plants.
- Capesize hiring rate may drop this week
- Big fall for China Cosco shares
- One dead, four missing in China ferry mishap
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| SEPTEMBER 18, 2007 |
- ELAA looks positively on latest EU conference ban scheme
- Dalian container volume up 19pc as total trade rises 26pc
- Hua Xia Bank Nanjing starts logistics finance platform
- Panama Canal seeks bids for dredging Pacific entrance
- Stringent discharge requirements to take effect in Gulf area
- St Lawrence Seaway cargo down 14pc to August
- OTS Logistics Group acquires UK's Ocean Express
- Air China Cargo launches Shanghai-Manchester service
- Cathay Pacific-Dragonair airfreight volume rises 12pc in August
- This week's ICAO Assembly to emphasise air cargo liberalisation
- Hong Kong Airlines selects Hactl as its HK ground handler
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| SEPTEMBER 18, 2007 |
- IPBCC announces rate restoration for Westbound reefer cargo
- Capt. S. s. Tripathi assumes charge as CMD of DCI
- Indian shipping tonnage sails past record 9 million GT
- Supramax freight rates set to scale new peaks
- Seaways Group's WC box feeder service sets sail from NM Port
- New Globe combines analysis, strategy & fun at annual meet
- Tankers in close brush with danger
- CSAV Norasia upgrades ABS by adding Ilyichevsk direct call
- Mac-Nels Line to launch direct service to Tasmania
- Rickmers Maritime signs deal to buy 4 new vessels
- A.P. Moller-Maersk names new chief executive for S-E Asia
- Dafeng port opens for trade
- Maersk Line hikes bunker surcharges for Med-US-Canada
- APM Terminals opens new terminal in US
- Evergreen Line to take delivery of last S-series vessel in January 2008
- Seaspan orders eight 13,100-TEU boxships
- Boom in super-sized newbuilds as world trade soars
- PSA buys quay cranes to handle mega boxships
- China delivers first 8,530-TEU ship
- Yang Ming Line & Wan Hai add Vietnam service from Fangcheng
- New Polish terminal attracts CMA CGM & Team Lines
- MSC hikes rates on farm produce from US to Asia
- ACL acquires EBDG
- Zim to purchase eight 12,600-TEU ships
- Bangla apparels to be imported under MoU
- Imported wheat quality norms to stay
- Pak can't pack cement exports!
- US cuts duty on Indian shrimp
- Govt may prune wheat import needs
- Indo-British trade to exceed £ 10 bn by year-end
- Kiran Group instals India's first & only MDI storage tank at Kandla terminal
- Industrial production slips to 9.6 pc this year
- SEZ applications lapse with deadline
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| SEPTEMBER 18, 2007 |
- Deutsche Bahn says goodbye to Roland Heinisch, rail systems network
- ATS-Hellmann Worldwide Logistics names René Baumann as director
- Agreement signed on huge Maasvlakte 2 project in Rotterdam
- Air Berlin to fly from Basel
- Geodis plans to buy Rhode & Liesenfeld
- Kuehne + Nagel begins construction at Dubai Logistics City
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| SEPTEMBER 17, 2007 |
- Hose cartel charges
- ELAA welcomes EC guidelines draft
- Unions set up AP Moller workers' website
- GL launches Rules Pilot
- BV says Compressed Natural Gas ships "viable"
- Skaugen in JV with GATX
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| SEPTEMBER 17, 2007 |
- VT unveils design for FSC class
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| SEPTEMBER 17, 2007 |
- Port of Olympia receives good report from state auditor
- Alaska Airlines begins new flights from Portland
- Federal Maritime Commission posts unlicensed shipper alert
- Washington State Ferries plans series of public meetings
- US truck makes delivery across Mexican border
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| SEPTEMBER 17, 2007 |
- New law puts liner conferences future at risk
CHINA has passed an antitrust law that does not allow exemptions for the liner industry.
- Lines tell EU to spell out rules on data sharing
- Samsung applies brake on cruise sector prospects
EXECUTIVE says little prospect yard will build a cruise ship before 2017.
- China Cosco shares fall as Temasek cuts stake
CHINA Cosco shares see biggest five-day fall as Singapore's Temasek slashes stake to 10.87% from 12.3%.
- Few designs on comfort aboard
THE importance of suitable habitats should never be neglected -- for seafarers who live aboard their ships for many months on end.
- Singing an old song
THERE is getting to be something rather repetitive about the agonising over crew quality and the availability of prime seafarers.
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| SEPTEMBER 17, 2007 |
- Brazil predicts huge cabotage spend
Brazil could and should be experienicng a "boom in shipbuilding for cabotage services" over the coming years, according to the new executive VP of Brazilian-flag ship owners' association Syndarma
- Finns plan to clean up Baltic
FERRIES are to be the guinea-pigs testing a new project by Helsinki and Turku to stop Baltic water quality deteriorating
- Skaugen JV for China gas tankers
IM Skaugen has formed a 50/50 joint venture called Singco with GATX Corp that will assume the ownership of the first four 10,000 cbm Multigas carriers
- North West Passage 'is open now'
CANADA'S fabled Northwest Passage is now fully navigable as a result of the retreat of Arctic ice, the European Space Agency claimed last Friday
- Norwegian owners angry over tax
FURIOUS delegates spoke out today against the new Norwegian tax bill which will to be introduced in three weeks' time
- Five left in Shetland-Norway tender
NORSHUKON consortium has received 11 expressions of interest to operate a Shetland-UK-Norway ferry service
- US keeps pushing for free trade
- Candover still stalks Stork
- Navy deal turns sour for Boustead
- $1bn tie-up for Lanco, Gulftainer
- Trinidad seeks curb on foreigners
- Norway: will Skaugen be first out?
- Wilhelmsen buys into services brand
- DPW keeps death out of the Americas
- More trouble for Hanjin Philippines
- Maersk retreats from Moscow
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| SEPTEMBER 17, 2007 |
- Higher rates for eastbound trans-Pacific coming in 2008, APL executive says
Vessel capacity and shipper demand in the eastbound Pacific expected to be in equilibrium in the coming year.
- APL rates gain
- Maersk changes Asia-Red Sea port calls
- Dockwise plans IPO
- Authority, consortium sign off on Rotterdam mega-port
- Kuehne & Nagel breaks ground on Mideast hub
- New CSCL ship to call Los Angeles-Long Beach port
- New CFO for D. Post
- India lines up reefer rates
- Prince Rupert, Ningbo in pact
- Nehru to speed truck traffic
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| SEPTEMBER 17, 2007 |
- IMCL acquires BCL
- Maersk Line introduces changes to FM5
- Geodis teams up with xpedx
- Human error blamed for collapsed stack
- New gateway into Ireland moves forward
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| SEPTEMBER 17, 2007 |
- Transatlantic talks to yards
Swedish shipowner finalising order for three ro-ros for Atlantic services.
- Congress to hear cruise victims
Victims organization to present horror stories and proposals to increase cruise safety at US House Coast Guard Subcommittee hearing.
- MCA braced for strikes
UK's maritime safety agency facing strikes by coastguard and surveyors over pay.
- Lemissoler bites on feeder line
Baltic Container Lines buy to bolster Polish feeder operator Inter Marine Container Lines.
- Thumbs up for Buquebus deal
Spain's government approves ferry operator's buyout by rival Balearia.
- Skaugen cools on Norway
Owner says move from ASA to societas europea is not related to current taxation scenario in Norway.
- Collision captain 'disappears'
French authorities said to have lost trace of Azerbaijani master of Turkish vessel involved in fatal collision.
- Downeast pulls LNG filing
Company beset by controversies over LNG shipping lanes plans to re-file.
- Danaos takes option
John Coustas-led owner takes China Shipbuilding order to five units with 12-year charters lined up "at accretive rates."
- Varun wants billions
Indian tanker owner lines up debt issues and mortgage plans worth INR 100bn ($2.47bn).
- Japan detains 20
Port state inspectors hold usual array of general cargoships, plus a domestic passenger ferry.
- Pac Basin orders in China
Hong Kong bulker owner pleased with post-panamax price at Shanghai Jiangnan.
- SCI and ONGC eye tie-up
Indian shipping and oil giants in talks over forming drillships joint venture.
- Northern light?
One Norwegian shipowner thinks there could be light at the end of industry's dark tax tunnel.
- Ships collide off China
Bow of Germany boxship believed to be wedged in side of Chinese bulk carrier in Bohai Sea.
- Skaugen confirms
Norwegian gas-carrier owner owns up to four on order in China and sets up another joint venture with GATX.
- Euroafrica buys Russian
Polish owner snaps up Sovcomflot general cargoship for Spliethoff.
- DL wants bulk boon
Indonesian boxship owner Djakarta Lloyd planning domestic bulker orders to boost profit.
- Aker rolls out the debt
Norwegian yard group mulling bond sales worth around $91m.
- Danica White probe
Danish casualty investigators examine security of ship hijacked by Somali pirates.
- BLRT on the rise
Estonian shipyard group banks more profit as it expands through acquisitions and joint ventures.
- Temasek cuts Cosco stake
State-owned holdings company raises $104m from sale of 1.4% in China Cosco Holdings.
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| SEPTEMBER 17, 2007 |
- EC delivers post conference draft guidelines, carrier victory?
- Thomsen joins Clipper Wonsild Tankers
- Citibank to inject cash into Vinalines' growth plans
- Varun Shipping looking to raise $2.5 billion
- Hyundai Merchant Marine pays $680,000 fine to FMC
- Hanjin boxship involved in Bohai Sea collision
- Maersk altering Asia/Red Sea loop
- U.S. highway carrier delivers historic load to Mexico
- TSA studies motor carrier security
- USDA rulemaking expands cattle trade with Canada
- ITC to study beef trade
- Australian regulation on shrimp exports angers Vietnam government
- Kuehne + Nagel starts work on new Middle East hub
- DSV buys stake in Pakistan company
- Norfolk terminal tries Saturday hours for peak season
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| SEPTEMBER 17, 2007 |
- NSA to see Norwegian PM og Friday
Norway's Prime Minister Jens Stoltenberg, is to meet representatives of the Norwegian Shipowners' Association (NSA) on Friday this week to ...
- Prosafe flags out to Cyprus
Prosafe, which owns and operates 12 service rigs and 7 FPSO/FSO vessels, is flagging out to Cyprus in order ...
- Sovcomflot plans to expand in Murmansk
On September 12 Yuri Evdokimov, the governor of the Murmansk region, and Sergey Frank, general director of Sovcomflot, signed a ...
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| SEPTEMBER 17, 2007 |
- California pushes on despite legal setback
New fuel rules still in play as state agency reviewing court case loss.
- Operation to remove bunkers 'a success'
Gibraltar says salvage operation can move into 'its next phase'
- Cold ironing winning support in Europe
But German ship owners' association doubts its practicality.
- New blow to Sethusamudram Ship Canal
Indian government wavers over support for project as protests gain momentum.
- Rotterdam market stable at midday
- Aegean shares surge to record
Analyst optimistic about bunker suppliers' prospects.
- Japan: July bonded sales fall
Bunker fuel sales fall 21.6% year-on-year and 7.1% on month.
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