 | web site |
| JULY 19, 2007 |
Shipping News
- Indian ship sinkings on the rise
Fifteen ships have sunk off India's vast coastline over the past two months, mainly because of mechanical problems, as regulators and shipowners grapple with a shortage of skilled staff, officials said.
- Spain clears Odyssey's treasure find
Odyssey Marine Exploration Inc, the discoverer of more than 17 tons of sunken treasure, said it has satisfied Spain's Culture Ministry that its Black Swan hoard wasn't recovered from Spanish waters.
- Domestic aviation slumps after launch of Taiwan's bullet train
Taiwan's first 'bullet train' has taken a damaging toll on domestic aviation, forcing airlines to cut back on flights or shut down services altogether amid warnings the situation will get worse.
- Babcock acquires major stake in Belgian port firm
- Rescue for capsized Indon ferry called off
- Asian routes Aframax rates set to fall on vessel build-up
|
 | web site |
| JULY 19, 2007 |
- MSC to raise rates for wastepaper shipments to Far East
- Shanghai to focus on eight areas of port development
- Yangshan sees 15 million TEU annual capacity by 2010
- Congestion threatened as PSA slows down to protest Indian tax
- Port of Le Havre sees container volumes rise 26.3pc
- Agility wraps up acquisition of LEP International NZ
- Singapore Airlines cargo up 3.1pc surpassing 2.1pc capacity rise
- US Airways relocates to bigger air cargo centre at El Paso
- Grand Power Logistics buys 60pc Hong Kong's Redcap
|
 | web site |
| JULY 19, 2007 |
- Court ruling on ‘rent’ brings major tax relief to shipowners
- GE Shipping augments dry bulk fleet with modern Supramax
- Wheat import to continue-Pawar
- Sparkle in Indian businessmen’s eyes continues for 4th year
- Global footwear meet in Chennai on Aug. 30, 31
- Tender floated for raw sugar export
- WTO bid to resume talks on farm subsidies
- Theft of export cargo at Chennai airport raises concerns
- ...invites pvt. sector to invest in cold chains, warehouses & transport facilities
- Adani group opens first modern foodgrains storage depot in Punjab
- Kamal Nath seeks speedy notification of service tax waiver for exporters
- Country with a strong regulatory set-up preferred for offshore infrastructure SPV
- Goods and services tax to come into force from 2010
|
 | web site |
| JULY 19, 2007 |
- Brenntag Germany names new managing director
- Maersk improves North America-Mediterranean services
- Nobody wants Alitalia
- More and more bidders for MAV Cargo
- SBB Cargo registers double-digit growth in freight volumes
- BP Lubricants chooses P&O Ferrymasters
|
 | web site |
| JULY 18, 2007 |
- ICS "disappointed" over ballast issue
- Dubai World set for more Australian investments
- Intertanko and Warsash cooperate
- JAFZA pulls out of Port Klang
|
 | web site |
| JULY 18, 2007 |
- CLIA names environmental and health programs director
- Austal USA opens new panel line shop
- Acquisitions boost Docklift floatover capabilities
|
 | web site |
| JULY 18, 2007 |
- Port of Everett reports on progress of rail/barge facility
- Port of Vancouver, BC bringing new truck rules onboard
- Grand Alliance member lines plan changes to CCX service
- Port of Vancouver, USA speeds contaminant cleanup
- Carriers net contract to open Rotterdam box terminal
|
 | web site |
| JULY 18, 2007 |
- Petrobras probe focuses on 'over-priced' rigs
INVESTIGATORS turn attention to costs of building two $1bn-plus oil rigs.
- Petrobras embroiled in corruption scandal
- Danaos decides to upsize boxships
GREEK shipowner pays $100m extra to upgrade four 6,800 teu vessels on order to 8,400 teu.
- StealthGas bullish after new share offering
NASDAQ-listed LPG specialist will raise more funds than initially planned.
- Why Emma is the star of the seas
THE officers and crew of Emma Maersk talk about serving onboard the record-breaking vessel.
- Oil on troubled waters
THE price of oil is rising and there are pessimistic suggestions that this will be no temporary glitch.
|
 | web site |
| JULY 18, 2007 |
- Ivanov denies fresh Estonia claim
A Reuters report claiming Russia’s deputy prime minister Sergei Ivanov has ordered oil traders and shippers to redirect their cargoes away from Estonian ports, has been categorically denied by Ivanov himself
- Genco seals mega-deal
GENCO Shipping & Trading will acquire nine Capesizes from Metrostar Management for $1.1Bn
- Bombay High vessels kept in port
INDIA'S Mercantile Maritime Department has ordered port trusts to stop 30 offshore vessels from sailing after last week's Bombay High tragedy
- Chevron warns on pipeline project
CHEVRONTEXACO has warned that it would not join the Burgas-Alexandropoulos pipeline project unless Moscow drops its veto on expansion of the CPC pipe capacity
- Migrant Watch: US/Caribbean
US Federal courts, continuing to hand down stiff sentences to migrant smugglers, sentenced 12 defendants last week in Key West trials and hearings
- MarAd reports 60th Ghost sale
MARAD reports the sale of the 60th ghost ship from the James River Fleet while the 59th departs the Virginia moorings today
- NYK opens latest training academy
- IMB stands by piracy numbers
- LA strike talks resume
|
 | web site |
| JULY 18, 2007 |
- China ripe for logistics investment, according to new Drewry report
Expansion of ports and rail links to export hubs such as Shanghai (left), ideal for foreign investors, new report from Drewry finds.
- No contract yet for LA clerical workers
- Brokers oppose farm bill APHIS proposal
- House OKs funding for Great Lakes dredging
- Portland boxes up 31%
- Grand Alliance lines upgrade Central China Express
- NAM urges China import safety
- Canada opens renovated U.S. border crossing
- CSX earnings fall
- ProLogis signs Mexico 3PLs
- Agility gets Baghdad contract
|
 | web site |
| JULY 18, 2007 |
- DP World committed to Australia
- Grand Alliance CCX service upgrade provides direct Shanghai – Los Angeles link
- K Line back in the black due to Chinese boom
- Clerical workers resume talks to avert a strike at LA and Long Beach ports
- Improvements continue at Houston container terminals
|
 | web site |
| JULY 18, 2007 |
- Rossing victorious
Star share picker Jon Rossing of Golar LNG wins TradeWinds' contest with a portfolio that gained 27% in a month.
- Genco confirms massive buy
Peter Georgiopoulos's Genco has confirmed a nine-capesize purchase from Metrostar for $1.1bn.
- Shipping splits from Louis-Dreyfus
Philippe Louis-Dreyfus is set to take sole control of Louis-Dreyfus Armateurs as the private group restructures.
- Rand counts warrant cash
Great Lakes bulker owner Rand Logistics has drummed up $17.8m in a discount sale of shares to warrant holders.
- Danaos strikes again
Fresh from upping a panamax order to post-panamax, John Coustas's Danaos Corp has plucked up five small boxships.
- A sliver more
Euroseas ups dividend by one cent though June's secondary offering means more in dollar terms.
- Stealthgas tops up the coffers
LPG operator achieves close to 52-week high in $120m stock offering.
- Master rapped over wave deaths
Captain of FR8 Venture allowed crew little margin for error in securing decks in heavy seas, probe concludes.
- Chinese rush
Container volumes surged in June as shippers sought to beat 1 July introduction of harsher tax rules.
- One more chief at India
Banks install new head at loss-making Western India Shipyard.
- Voie pops up at Eitzen
Norwegian chemical carrier seeks to fill the void left by last month's chartering walkout.
- Yard worker dies in Vietnam blast
Vietnamese man killed on ship at Hyundai-Vinashin, four others injured.
- Tianjin wins owners' cash
Wallenius and NYK invest in new car carrying dock at China's largest vehicle gateway.
- Sri Lanka, Bangladesh talk shipping
Colombo trade delegation in Dhaka to discuss direct sea and air links to boost trade.
- Samho buying into Posco
Korean shipbuilder spending $527m for just 1% of huge domestic steel producer.
- Great Eastern bulks up
Indian owner buys 2001-built Turkish supramax to capitalise on strong global demand.
- Babcock takes Manuport stake
Australian investment firm has bought a majority stake in Antwerp-based bulk port group.
|
 | web site |
| JULY 18, 2007 |
- Maersk ending U.S. East Coast/East Med loop
- Grand Alliance upgrading China/Los Angeles shuttle
- CSAV Norasia leaves Asia Med Pacific service of Zim, CSCL
- Horizon Lines ship helps rescue of Chinese seafarers off Guam
- UASC lists on OceanSchedules.com
- North American Ship Recycling gets "Hoist"
- ABX Air seeks more time to mull Astar merger
- UAL proposing two new West Coast-to-China routes
- Envirotainer to provide cold-chain containers for Continental Cargo
- India facing plane pilot shortage
- BA World Cargo renews Descartes contract
- UAL names Mikells VP of investor relations
- Drewry: China needs to fix logistics weak links
- CSX gives New York, New Jersey access to security system
- UP Distribution Services combines two business units into one
- STB forms energy transport advisory committee
- China bans imports from U.S. meat, poultry producers
- Don't expect Chinese counterfeiting to end soon, says Hong Kong expert
- USDA takes risk-based approach to fresh produce imports
- SEKO offers three Chicago-Hong Kong flights for peak season
- FMC reviews 10 OTI license applications
- FTA welcomes changes to Felixstowe's Vehicle Booking System
- Maher reinstates Saturday hours
- ILWU SoCal office workers’ contract talks postponed until Wednesday
- DP World head seeks investment ties in Australia
|
 | web site |
| JULY 18, 2007 |
- US gasoline draw sends oil prices higher
DOE report shows unexpected fall in gasoline inventories.
- SBI and Nour Libya Marine Services sign marketing agreement
Offshore bunker operation is serving growing Mediterranean market.
- Fuel subsidies spark controversy
Fishermen's association uses WWF study attacking fuel subsidies to support its own call for help with rising fuel costs.
- Trader returns to Global Fuels
- Report: Baltic fuel terminal for sale
More signs that Russia wants to cut fuel oil exports via Estonia.
- T&E calls on EU to take lead on emissions
Slams IMO for failure to update 'obsolete' ship emission standards or provide framework for cutting greenhouse gases.
- Fears of new oil spills as vessel is prised apart
Salvage teams use explosives on containership wrecked off UK south coast.
- Goldman Sachs says crude oil could hit $95
More warnings that crude oil prices are set to rise.
- Yangkou port targets 1.2 million m³ oil storage facility
China Holdings announces joint venture to develop an oil storage complex.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
