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| FEBRUARY 21, 2007 |
Shipping News
- Gulf tanker rates may fall on vessel glut, Opec cut
THE cost of transporting two million-barrel consignments of crude oil to Asia from the Middle East, little changed in more than a week, may decline because of spare vessel capacity.
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| FEBRUARY 21, 2007 |
- ICTSI to fully automate MICT gate
- AMB leases space at Shanghai DC to Decathlon
- Late Hanjin chairman receives honorary POLB award
- Montreal CT for sale, Macquarie Bank bids
- ESC, ELAA meet for talks to iron out differences
- Democrats call for 100pc air cargo screening as debate heats up
- Continental distributes US$111 million in profit sharing to staff
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| FEBRUARY 21, 2007 |
- Saiprabha inaugurates tank container service station near JNP
- Shipping industry stakes claim to forex share for tonnage addition
- Spot of bother for tanker segment
- Pangsau Pass gateway to Mizoram sought for trade with Myanmar
- Edible oil imports rise by 36 pc in Jan.
- Wheat imports swell Kandla Port’s throughput volumes
- Mauritius seeks help of Indian port developers
- Major Port Trusts seek tax sops for dredging & developing infrastructural facilities
- Finnair augments cargo capacity for India
- Hoda panel favours continuation of DEPB for 3 years
- State to exempt SEZ developers from stamp duty & registration fee for 10 years
- High transaction cost, levies blunting competitive edge in export markets, asserts Assocham
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| FEBRUARY 21, 2007 |
- AF-KLM high profits
- New container shuttle between Amsterdam and Prague
- Sagawa to merge international express and logistics business
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| FEBRUARY 20, 2007 |
- Eurocrats push distillate future
- Laker owners in dredging plea
- BW Gas reports record result
- APL’s Philippine service
- ICS and ISF warn US on flag discrimination
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| FEBRUARY 20, 2007 |
- New electric propulsion system for NCL newbuilds
- Navy contract for Vericor
- Harbor Maintenance Tax under fire
- Golar sells LNG newbuild contract to Angelicoussis
- Radio Holland ready for S-VDR boom
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| FEBRUARY 21, 2007 |
- Back distillates switch, Emsa meeting told
EU member states will urge the IMO to adopt a switch to distillate fuels, but with a longer implementation schedule.
- Industry divisions emerge on emission cuts
- ECT bans empties as box backlog builds
ECT takes radical short-term measure to ban empty containers entering the Delta terminal to avoid a 'total overload'.
- FSL seeks $480m from Singapore trust offer
FIRST Ship Lease is expecting to raise $480m from a planned shipping trust offering on the Singapore Exchange.
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| FEBRUARY 20, 2007 |
- US takes lead with Annex VI suggestions
WASHINGTON, DC, 20 February – Even as Congress moves toward passing laws to implement Marpol Annex VI rules on air pollution, the US is circulating suggestions on tightening vessel emission mandates
- Baltic to boost Asian coverage
THE Baltic Exchange is expected this year to introduce up to three new Asian routes to its portfolio of routes regularly monitored
- Crew in fear over pay dispute
THE Jamiacan flag ro-ro vessel Merchant Brilliant is anchored three miles off the UK north west coast port of Heysham while efforts are made to resolve a pay dispute
- Trade reacts to US LNG plan
INTERNATIONAL shipping bodies are voicing a mix of caution and support on America’s plan to promote US crewing aboard LNG carriers
- New owners bolster Montecon
- De-listing bid for Essar Shipping
- OMI rides vessel sales
- India tackles seafarer stress
- Building blaze hits PNSC share value
- Owner considers STS transfer for Ostedijk
- Owner called to solve Ostedijk problem
- Mixed figures from BW Gas
- Japan raises steel price for Korea
- Brittany Ferries founder dies
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| FEBRUARY 20, 2007 |
- TACA announces rate hikes
The increases are designed to offset a decline in rates last year, when a flood of new tonnage caused a wide supply-demand gap.
- CN, striking employees resume talks
- Maersk to launch two Asia-Black Sea services
- Port of Seattle to add container terminal
- Port authority yields in PNCT dispute
- Port of Portland installs container security system
- Asia-West Africa lines raise rates
- Rail project advances at Vancouver, Wash.
- Nehru to get trade zone
- Hamburg Sud consolidates agency operations in Canada
- Kalmar to deliver and maintain 19 strads for Aarhus
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| FEBRUARY 20, 2007 |
- Updated: Dutch hauliers’ alliance cancels performance agreement with ECT
The Dutch alliance of container hauliers (AZV) today cancelled its performance agreement with Rotterdam’s ECT, in a symbolic protest against terminal delays.
- Labour Minister wants Canadian rail strike ended within "hours"
Canada’s federal Labour Minister has announced he wants the Canadian National Railway strike to end within "hours", after convening both sides to meet today with a federal mediator.
- MSC sticking with ANZ-Europe direct service
- EU investors still see opportunities in Indonesia’s Bojonegara hub project
- CN strike ruled legal
- Port Louis to be developed as Asia-Africa transhipment point
- Libra Terminais splurges on equipment to save money
- Global trade imbalances prompt NVOCC to offer services "against the current"
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| FEBRUARY 20, 2007 |
- Tanker trouble
The first Jones Act tanker delivered to OSG by Aker Philadelphia Shipyard has had "technical problems" off the coast of Florida.
- 'Growing pains'
Morten Arntzen says Overseas Houston's problems are no big thing, and seemingly stem from failure of a lube oil pump.
- ACL pays up
US shipyard owner agrees wage rises of up to 18% with workers to boost recruitment drive.
- Houston, we have a problem
'Main engine failure' disables Overseas Houston, and first fruit of Aker/OSG linkup is now being towed toward Tampa.
- Norfolkline suspends chartered ro-ro
Merchant Brilliant crew barricade themselves inside vessel in continuing row over back-pay with owner ADG.
- Malta Shipyards in the red
Maltese minister criticises poor productivity at the yard group, but insists it can be turned around.
- Neste tanker dented
Finnish-chartered Sten Nordic damaged in collision with cargoship in Gulf of Finland.
- Humpuss closes on six ships
Indonesian shipowner is in talks to fund $100m purchase of tankers and a bulker.
- Golar pockets resale profit
John Fredriksen’s LNG company makes tidy sum from offloading Daewoo vessel due for delivery in June.
- Teekay linked to APL ASA
Aframax giant could be ready to square up to BW Offshore in fight for Norwegian turret mooring systems maker.
- Big White in Malacca spill
Veteran Danaos boxship in collision with Ocean Tankers suezmax off Malaysia, but small oil spill under control.
- SuperFerry stalls
Aboitiz vessel's engines overheat in central Philippines, but sistership tows it to port.
- FSL unveils IPO plans
First Ship Lease to launch Singapore’s second shipping investment trust with thirteen ship fleet.
- Mixed bag for BW Gas
LPG and LNG player posts best ever annual operating profit, but net figure chopped by lower exchange gains and higher interest costs.
- Record year for OMI
US-listed tanker operator sees fourth quarter net profits halve, but reach new record for the year.
- RR inks PSV deals
UK marine equipment supplier Rolls-Royce wins new contracts for six vessels from South America.
- Mistral refloated
Denmark-based SvitzerWijsmuller salvage Comanav ro-pax from Moroccan beach at first attempt.
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| FEBRUARY 20, 2007 |
- APL exec highlights capacity, service challenges for shippers
- OMI’s profit slides 45% in 4th quarter
- Safmarine box ship collides with oil tanker off Singapore
- Hamburg Sud picks Montship as sole Canadian agency
- EL AL selects Worldwide Flight Services
- Rail tax credit faces uphill climb in Congress
- Great Lakes vessel operators urge deeper port channels
- San Bernardino falls short in key transportation funds
- Industry on notice in L.A. port to follow nuke detection procedures
- Suisan Bay vessel maintenance found to pollute Bay Area water
- Restrictions on shipbreaking proposed in Oregon
- Battered Sea Launch platform arrives home
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| FEBRUARY 20, 2007 |
- Collision in Baltic ice channel
The NIS-flagged, 16,613-DWT product tanker Sten Nordic was damaged when she ran into the cargo vessel ahead in ...
- Expensive VLCC sold for FPSO conversion
VLCCs suitable for conversion into FPSOs (Floating Production Storage and Offloading) are hard to find at commercially viable prices. A ...
- More containers overboard from MSC Napoli
Last week about ten containers were washed overboard from the listing MSC Napoli stranded in the World heritage site Lyme ...
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| FEBRUARY 20, 2007 |
- Nigerian government wants bunkering progress
Minister says regulations will be introduced to fulfil Nigeria's legal bunkering potential.
- Emissions debate rages on
ICS maintains importance of 'goal-based' approach and says its emission paper to IMO is majority view despite HKSA dissent.
- Collision causes bunker spill
Tanker departs while container vessel needs repairs after collision in the Strait of Malacca.
- Congestion reported in Rotterdam
- Japan: New group e-mail for Itochu
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