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| SEPTEMBER 21, 2007 |
Shipping News
- Shipping body looks ahead as its ranks swell
AS it celebrates its 22nd anniversary tonight, the Singapore Shipping Association (SSA) has something to cheer about - a record 14 per cent rise in membership to 312 members in the past year.
- China Merchants to expand into resource ports
Port operator China Merchants Holdings (International) Co Ltd, which posted a 26 per cent rise in first half earnings on Wednesday, plans to focus more on resource and energy-related bulk cargo terminals in coming years, hoping to ride a Chinese-driven global trade boom.
- Sinotrans shipping unit planning US$1.3b Nov listing
Chinese logistics giant Sinotrans (Group) Co's resources shipping unit plans to raise more than US$1.3 billion in a November IPO here, taking advantage of a global shipping boom, sources said yesterday.
Admiralty Casebook
- Call for code of practice on loading of hazardous cargo
THE UK's Marine Accident Investigation Branch (MAIB) has called on the International Chamber of Shipping to develop a code of practice for the container shipping industry to ensure the safe loading and securing of containers.
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| SEPTEMBER 21, 2007 |
- CCNI starts North China-Chennai service
- Ningbo Daxie port area box volume roars 219pc in first eight months
- China will increase cold chain logistics in agriculture: NDRC
- "K" Line installs hybrid transfer crane at Yokohama CT
- Hefei plans three logistics projects to operate next year
- Wuhan Steel signs transport and vessel-lease contracts with Zodiac
- Maersk resets Asia-Red Sea service, drops Malaysia from FM5
- Geodis forms alliance with Xpedx to expand global reach
- Germany and Deutsche Post face new EU anti-competition probe
- Mundra Port & SEZ asked to convert bonds into equity
- Airfreight volumes at HKIA rise by 10.5pc in August
- Qantas kick off green programme with Fly Carbon Neutral Day
- Hacis receives Greater PRD Partnership Project Award
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| SEPTEMBER 21, 2007 |
- Flamar-OXL's project cargo service scaling heights of success
- Sethu channel realignment & delay to jack up project costs by 20-30 pc
- Capesize bulk carrier rates continue rising
- Seamax Logistics commences operations from Chennai regional office
- State govt may export 2 m. tonnes of sugar
- Spices gain flavour in markets abroad
- Bangla's apparels to help narrow trade gap with India
- Russia to resume importing Indian sesame seeds
- With record cane harvest, Chinese prefer Indian sugar!
- Exim Bank extends $ 100 m LoC to Nepal
- Rehabilitate people, then develop shipyards, Bengal tells bidders
- Kandla Port blazing ahead
- Rlys hauls in 9.85 pc more freight revenue in April-Aug.
- Road freight, warehousing in urgent need of skilled manpower, stresses KPMG-CII report
- CONCOR presents dividend cheque of Rs 45.10 cr. to Railway Minister
- Scope to extend service tax waivers for exporters under scrutiny
- CII means business with Gujarat tribals!
- BoA defers Reliance's plan to include co-developers in SEZ projects
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| SEPTEMBER 21, 2007 |
- Gulftainer signs strategic agreement with Lanco Infratech
- Launch of a new freight airline
- Lufthansa to order 41 new Airbus aircraft
- Gefco Germany quitting general cargo business
- Stef-TFE boosts 2007 interim turnover
- CMNI to apply in Germany from 1 November
- New truck tax in France?
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| SEPTEMBER 20, 2007 |
- IBIA reaffirms multiple solution approach to emissions control
- Napoli helps boost Braemar
- CKYH to call at Prince Rupert
- Höegh LNG to go ahead with FPSO
- Schat-Harding buys independent service firm
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| SEPTEMBER 20, 2007 |
- Carnival reports record earnings
- K-Sea inks LOI for 185,000 bbl ATB
- Boston Ship Repair starts Philadelphia operation
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| SEPTEMBER 20, 2007 |
- Tug taking on water grounded in Columbia River
- Second pair of trucks cross US/Mexico border
- Anacortes motorcycle event bringing heavy traffic to area
- IMO adopts convention banning anti-fouling paints
- Crowley names recipient of memorial scholarship
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| SEPTEMBER 20, 2007 |
- APM Terminals in fix over Vietnam road blunder
ACCESS road and bridge to Cai Mep port will only be completed two years after terminal is built.
- Vietnam urged to develop port hubs
- FFA returns accurate says Baltic
BALTIC Exchange and FFA users deny brokers are double-counting the returns they must make to the Baltic for publication.
- Distillates switch 'could cost billions'
REPORT warns switch from bunkers to distillates could cost shipping $67bn over next five years.
- Greek owners come out of the FFA shadows
WITH freight rates now hitting record highs on the dry cargo market, Greece's shipowners are joining the FFA party.
- Fouling up the barnacles
WE should celebrate the development of biocide-free paints, which keep the barnacles at bay.
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| SEPTEMBER 20, 2007 |
- At least five dead in Curaçao yard blast
At least five people died today after an explosion aboard the India-flagged diving support vessel Seamec II in Curaçao's drydock
- Lanka owners rebel against port fee
SRI Lankan ship owners are threatening to leave the local registry and flag out unless a dispute with Customs over a ship import charge is resolved without further delay
- Dream could have been nightmare
ARREST arrants have been issued for five people citing criminal charges after a potentially lethal safety flaw was found on the cruise ship Dream in Rhodes
- Cruise fuel surcharges 'on the table'
CARNIVAL Corporation's North American brands are considering levying fuel surcharges, but no final decision has been made
- LNG clients snap up DubHub
CUSTOMERS of Dubai's massive new LNG storage tanks may sign up 80% of the storage space this year, local media reports claim
- Carnival: No economic fallout yet
CARNIVAL executives have not seen any impact from the recent US economic downturn and believe the group should ride out future financial turbulence
- Ships 'hit hotel takings' in Brazil
- Ship deliveries buoy Carnival
- CalMac wins lifeline back
- Dry bulk records tumble again
- Sinotrans plans IPO to expand fleet
- Braemar set for record first half
- State shipbuilder dead in the water
- Malaysia needs new trade tack
- What do we do with the naked sailor?
- USCG pledges safety improvements
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| SEPTEMBER 20, 2007 |
- Port authority: No boxes at Bayonne site
Port Authority of New York-New Jersey rules out containers in buy of former Military Ocean Terminal at Bayonne, N.J.
- Savannah getting ready for Panama Canal expansion
- Port Everglades, Xiamen in pact
- TSA publishes technical data for TWIC readers
- Vietnam, India infrastructure will limit growth
- CKYH to call Prince Rupert
- FedEx cuts outlook
- APM to build Phase 2 of Suez terminal
- NYK unit adds China flights
- OceanFreight buying bulker
- Menlo opens Europe hub
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| SEPTEMBER 20, 2007 |
- IRA to raise rates
- RailRunner technology to be used by NSRI
- Terminals face congestion crisis
- Bollore group's SDV acquires US forwarder
- CKYH Alliance add Prince Rupert to schedule
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| SEPTEMBER 20, 2007 |
- Canadian gets buyout bid
New consortium offers $168m for Oceanex shipping line.
- New ships boost Carnival
Cruise company beats expectations with a 12% earnings increase on the strength of new ships in North America and Europe.
- 'Dream' charges
Officers charged after cruiseship listed off Rhodes, forcing evacuation of 900 passengers.
- Greeks get cultural boost
New shipping minister is one of nine changes following conservative's narrow election win.
- Hong Kong IPO for Sinotrans
State-owned firm to go public in light of growing dry-bulk market.
- Palmali plans shipyard
Turkish tanker owner buys land for new chemical carrier facility.
- PV Trans readies share sale
PetroVietnam's shipping arm plots new stock issue to pay for ambitious fleet expansion.
- SCI forms JVs
Indian shipping giant lines up partnerships for shipbuilding, box terminals, dredging and offshore services.
- K-Sea issues shares
As the operator issues 3 million shares, it announces plans to build a new tug-barge.
- Posco tightens defences
Steel giant has moved against a possible take-over by targeting friendly investors once more.
- Blue Lady in green twist
Greens will challenge Supreme Court decision in latest chapter of Norwegian cruiseship saga.
- Fredriksen 'not kicked out' at Chelsea
Norwegian shipowner and Tor Olav Troim moved to "better seats" during Champions League match.
- New Stars
Star Reefers buys Star Solent and Star Southampton from Orient Marine for $60m en bloc.
- HHI to build parts plant
Initial agreement with Kunsan authorities signed for ship blocks factory to open in May 2008.
- The floodgates are closed
Japanese yards IHI and Mitsubishi told to stop making flood barriers after breaking bidding rules.
- Pankar makes bulker profit
Greek owner sells 1981-built unit for nearly $6m more than it paid for it 11 years ago.
- Smugglers make a hash of it
Police in Guyana complete $24m drugs haul following tip-off from crew member.
- Braemar looking up
London shipbroker expects six-month profit to beat last year's figure of £6m.
- TTA manages to sell bonds
Thai bulker owner raises $170m a month after pulling issue in turbulent financial climate.
- SK scoops bond cash
South Korean owner's European unit raises $50m for overseas expansion.
- Funds buy into Pipavav
Cash rolls in for new giant Indian shipbuilder, as five US investors seal pre-IPO share deals.
- Ezra orders at Karmsund
Singapore vessel operator books deepwater multi-functional support vessel at Norwegian yard.
- Fredriksen tops the lot
Norwegian financial magazine reckons tanker owner is twice as rich as his nearest compatriot.
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| SEPTEMBER 20, 2007 |
- CKYH Alliance adds Prince Rupert to PNW service
- PIL, Wan Hai to start fortnightly Asia/Black Sea service
- Report: Middle East, South Asia set for sustained box growth
- Specialized reefer fleet shrinking says report
- OSG adds four Suezmax ships to fleet
- OceanFreight buys 9th ship
- Rand acquiring bulk carriers
- Lufthansa, DHL air cargo venture set for 2009 take off
- Panalpina suspends some Nigeria services
- U.S. trucking market acts as drag on FedEx earnings
- DOT certifies 2nd Mexican, U.S. truck firms for cross-border program
- FTC approves Berkshire stake increase in BNSF
- Great Lakes iron ore volumes down nearly 7%
- Knight Transportation headquarters saved from fire
- YRC Regional names Lovetro COO
- GAO: DHS cooks performance results for new radiation detectors
- Study: China to capture largest share of 2007 global RFID market
- USDA allows imports of South Africa, Uruguay blueberries
- NRF: Economy fears will dent holiday sales growth
- Chinese shrimp producer exempted from FDA seafood ban
- Drewry study finds more investment in terminals needed
- Suez Canal box terminal to double size
- China ports' TEUs up 22% in August
- Port of Oakland deploys GE container security system
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| SEPTEMBER 20, 2007 |
- WW move to Sweden an option
Sweden is clearly one of several options should Wilh. Wilhelmsen decide to move its headquarters out of Norway. A spokeswoman ...
- Lauritzen orders more bulk-tonnage
Lauritzen Bulkers has signed up with Japanese shipbuilder Kanasashi Heavy Industries for a pair of open-hatch bulkers for delivery ...
- Intertanko criticizes EU
Intertanko has officially made a complaint concerning SECA. The organisation writes in a press release that: "confusion reigns over EU ...
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| SEPTEMBER 20, 2007 |
- Shell refinery back in operation
But restart taking 96 hours until full production resuming, keeping supplies tight.
- Silicone coating fuel savings confirmed
ULCC achieves 8% fuel reduction, large container ships could cut annual CO2 emissions by nearly 25,000 mt.
- South Africa to upgrade its ports
Infrastructure projects could boost bunker demand.
- Durban bunker operations continuing as normal
Three berths remain closed after this week's explosion and fire at storage terminal.
- UK ship broker drops bunker trading
Braemar Shipping Services reports strong first half results.
- Bunker industry association 'stagnating'
IBIA members back calls for structural change as association looks for 'clear focus'.
- Rotterdam: Many suppliers fully booked till Sunday
- Singapore: Residual fuel stocks at 15-week high
High bunker fuel prices have slowed demand for residual fuel.
- Busan plans cold ironing facility
South Korea's largest bunkering port to install cold ironing system at eight berths.
- Dalian port suspends traffic
Chimbusco says bunker deliveries subject to weather conditions.
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