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| JUNE 20, 2007 |
Shipping News
- Don't dump single-hull tankers on Asia: Shell executive
A senior Royal Dutch Shell shipping executive has rejected the view that it's okay to treat Asia as a dumping ground for older, single-hulled tankers as the European Union and the United States speed up the ban ahead of International Maritime Organisation deadlines.
- India says it's ready to help protect Malacca Strait
UNDERLINING the need to secure sea lanes of the Indian Ocean, India expressed its readiness on Monday to play a role in protecting the Straits of Malacca as it decided to enhance defence cooperation with Indonesia.
- China's sailors to get extra rights from Sept 1: report
CHINA's 1.55 million sailors - the largest group of maritime workers in the world - will get improved rights including regular paid holiday and health insurance, state media reported yesterday.
- Asian Aframax shipping rates may fall more this week
Strait Talk
- Balance of power tips towards the ship manager nowadays
WELL-KNOWN ship management figure Rajaish Bajpaee caused a stir in shipowning circles recently when he strongly criticised shipowners at the BIMCO meeting in Hong Kong for not paying enough attention to their seafarers.
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| JUNE 20, 2007 |
- Xiamen-Ganzhou/Nanchang container train service starts operation
- Yingkou port company to acquire port assets from its parent
- Shaanxi co-operates with Qingdao and Lianyungang on customs
- Wenzhou to build a multimodal logistics park
- Building starts on Dalian 500,000-square metre logistics complex
- Zhejiang encourages private investment on ports
- MOL Logistics Holding (Europe) to begin Netherlands-based operations
- Demand for clean power is fuelling oversize cargo logistics: TransGroup
- Shanghai's Panama Maritime Day strikes the right note on co-operation
- Envirotainer signs up Emirates, Air France and Kuehne + Nagel
- Australia slammed for not screening bellyhold air cargo
- Indian carriers expected to take bigger slice of airfreight
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| JUNE 20, 2007 |
- STL Logistics India launched
- Hike in peak surcharges brought about by surging Asian cargo volumes
- ABG Shipyard’s net up by robust 39 pc in 2006-07
- Seaways Shipping launches direct feeder service linking Paradip with Singapore
- DMAI sets export target at Rs 12,000 cr. by March 2011
- VCT holds trade meet at Raipur
- Spokes in road freight transport wheel
- Warehousing receipts set to attain status of negotiable instruments soon
- Exporters hedging receivables to reduce losses
- State allowed to proceed with land acquisitions
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| JUNE 19, 2007 |
- Mehrtens new ECG president
- Cargo handling up in Le Havre
- K+N achieves QEP accreditation
- Rhenus Alpina boosted sales in 2006
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| JUNE 19, 2007 |
- Welfare services not reaching seafarers
- Nordic orders giant crane vessel
- Four more bulkers for Eitzen
- Docker protests hit Finnlines
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| JUNE 19, 2007 |
- Nancy Morovich joins Halter as Senior VP
- USCG names senior procurement executive
- Record breaking crane vessel
- CFD solution extends DNV capabilities
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| JUNE 19, 2007 |
- Port of Vancouver, USA eyes waterfront lease agreement
- Toyota Motor Sales receives Port of Portland Compass Award
- World Trade Center Tacoma announces contest winners
- Congressman inks bill calling for Deepwater changes
- Alfa Tec adding new East Coast operation
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| JUNE 19, 2007 |
- Scandlines sale deadlock broken
DEUTSCHE Bahn and Danish transport ministry agree to sell Baltic ferry operator for E1.56bn.
- Navios aims for logistics spin-off
DRY Bulk operator plans separate listing for port and terminal operations.
- Kawasaki teams up with Cosco for Dalian yard venture
JAPANESE builder to team up with Cosco on their second shipbuilding venture in China.
- Diving into the skills gap
WANTED: thousands upon thousands of marine professionals.
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| JUNE 19, 2007 |
- Indian ports wasting assets
Poor planning and inadequate infrastructure at India’s ports means that the best routes for cargo is not being used, according to a former secretary of the Indian Ministry of Shipping
- Carnival updates on new ventures
CARNIVAL Corp’s new Chinese programme is improving its currently poor performance, while changes have been made to the German TUI agreement
- Carnival euro plan working
CARNIVAL Corp inched up earnings despite continuing Caribbean weakness and rising fuel bills, courtesy of European strength
- Howe Rob acquires Killick Martin
THE acquisition of UK broker Killick Martin Chartering by London-based Howe Robinson appears to benefit both parties, one observer told Fairplay
- Pakistani breakers reject tax hike
SHIPBREAKERS at Gadani beach, Pakistan, have rejected an increase in sales tax to Rs5,600 ($92)/tonne and threatened to stop importing vessels for demolition
- Laskaridis takes control of Minoan
GREEK reefer operator Panos Laskaridis has acquired a controlling stake in the ferry company Minoan Lines after buying the shares held by Attica Holdings
- Rosneft goes for Arctic shuttle fleet
- Scandlines sale fetches €1.56Bn
- Newcastle: bulkers forced back to sea
- Louis fined €1.17M for Diamond pollution
- Monsoon floods hit Dhaka discharge
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| JUNE 19, 2007 |
- Shippers warned on 10+2 changes
Traders say Customs' "10+2" advance data program will produce bigger changes than many companies expect.
- Scandlines sold for $2.1B
- Portland volume surges
- Hanjin opens Wilmington's new China container service
- Seattle TEUs rebound
- Ottawa makes Vancouver port merger proposal official
- French port woos UK containers
- S. Carolina picks manager for box hub site preparation
- Chennai truck strike ends
- Kansas City airport plans intermodal and logistics hub
- Savi wins NATO RFID pact
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| JUNE 19, 2007 |
- Europe’s first freight only rail link opened
- Controversial port bill passed by Californian Senate
- Valencia/Madrid rail link improved
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| JUNE 19, 2007 |
- Feeling cross
And who can blame Odfjell’s Erik Nilsen after absorbing six hours of cross examination from Stolt-Nielsen lawyers in Philadelphia?
- Scandlines sale sealed
German and Danish governments pocket $2.1bn as German-led consortium plans IPO for Baltic ferry group.
- Sell, charter, buy, sell again
Evangelos Pistiolis-led Top Tankers is flogging one of the double-hull suezmax tankers it just bought back.
- Eight for Navig8
New Singapore-based owner signs for four plus four 50,000-dwt tankers at Dubai Drydocks.
- Omega orders $221m quintet
George Kassiotis-led tanker owner Omega Navigation has signed up for five products tankers at Hyundai Mipo.
- Shares surge on Attica sale
Greek owner bags $127m in sale of entire Minoan Lines stake as Greek listed-company stocks soar.
- Up, down at Carnival
US cruise giant cuts full-year earnings forecast despite second-quarter profit and revenues rising.
- Kawasaki on board
Japanese group to partner Cosco in building new Dalian shipyard, their second such venture.
- Cosco eyes Philippines hub
China’s Cosco group is planning a $3bn shipyard and port facility at old Sangley Point naval base in the Philippines.
- One missing from RCCL ship
Freedom of the Seas turns around to search for 24-year-old man gone overboard on Caribbean cruise.
- Four more for Eitzen
Norwegian owner charters Japanese bulker newbuildings with purchase options.
- Nexus presses on with FPSO
Oslo-listed group confirms Samsung newbuilding contract despite opposition from shareholder APL.
- Box bedfellows
London broker Howe Robinson snaps up compatriot Killick Martin which acts for UASC.
- Greece fines Louis
Cypriot owner and operator of Sea Diamond and captain slapped with $1.57m fine over pollution.
- L&T settles on Gujarat?
Indian group’s big new shipyard to be built near Okhla, report claims.
- Renewal for Chu Kong
Hong Kong ferry group wants to replace up to 30 of its ships in the coming years.
- HHI shy on octet order
Korea’s Hyundai Heavy Industries remains mum on identity of European owner behind eight boxship order.
- Juppe ousted
France set for new shipping minister after former PM loses seat in parliamentary elections.
- Profit surge for ABG
Indian shipyard builds annual earnings by 39% as revenues grow.
- Navibulgar on the block
Bulgarian privatisation agency lays the ground for sale of 70% of national shipowner.
- K Line bags India deal
Japanese shipowner wins 15 year contract to ship coal from Indonesia to India from 2009.
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| JUNE 19, 2007 |
- Scandlines sold for $2 billion
- Eimskip starting U.S./Canada service
- B+H acquires product tanker
- Martinair offering service between Atlanta and Bogota
- Qatar Airways to add Newark/Doha flights
- Spero offers peek at Secure Freight Initiative
- Basham visits China, signs counterfeit enforcement pact
- Almond growers shell out more for security
- GreenCarrier opening office in Sundsvall, Sweden
- Velocity Express managers making $1 million-plus investment
- Radiant/Airgroup opens Miami office
- Yusen Air opts for Four Soft software
- Reports: COSCO to build hub in Philippines
- SoCal ports truck plan criticized by recyclers, freight forwarders
- Hybrid RTG achieves 74 percent fuel savings
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| JUNE 19, 2007 |
- Cruise ship company cancel Norwegian calls
Holland America Lines (HAL) has as the first cruise company cancelled all calls at Norwegian ports from 2009 because of ...
- J. Lauritzen orders their biggest ships ever
J. Lauritzen has signed up with Hyundai Heavy Industries of Ulsan for a pair of capesize bulk carriers assigned to ...
- Bourbon Dolphin wrong vessel for the job
As the Royal Commission into the Bourbon Dolphin got underway in Ålesund, Western Norway, the head of Bourbon Offshore Norway ...
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| JUNE 19, 2007 |
- Uruguay dry, Argentina tight
- Iran could use 'oil weapon' if attacked
Analysts say security concerns boost Fujairah's standing as a regional energy hub.
- Suppliers stocking up on low-sulphur product
DNVPS says availability should not be a problem when new SECA comes in force, but operators will still need to check quality.
- Greece fines owner, operator and captain over bunker spill
Fines totalling more than $1.5 million follow bunker spill of some 300 metric tonnes.
- Middle East fuel oil markets stabilise
Fujairah bunker prices hold below Singapore as regional fuel oil markets ‘return to normal’.
- Rotterdam: Suppliers fully committed this week
- Mumbai players eye 380 cst supply
India-based supplier says it plans to supply 380 cst product in one month.
- Japan's bonded supplies dry up
No more bonded bunker fuel products available for the rest of June.
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