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| JANUARY 22, 2007 |
Shipping News
- Kuwait's UASC set to boost its volume at Jurong Port
SINGAPORE'S Jurong Port is banking on existing customers boosting their volumes this year to give a much-needed fillip to its 2007 handling throughput.
- Little maritime IPO activity seen in 2007
INITIAL public offerings from maritime shipping firms may be thin on the ground in 2007, not for a lack of investor interest but because many operators are flush with cash, according to analysts.
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| JANUARY 22, 2007 |
- Maersk, Hamburg Sud, NKY to offer 2 strings on Asia-S Africa-ECSA trade
- CKYH's AES1 Europe service makes first call at YICT
- Lanzhou opens massive logistics park
- SITC inaugurates two intra-Asia services from Shanghai to Manila
- Port of Qinhuangdao sees cargo volume rise to 200m tons
- Malaysian seaports see aggregate box throughput rise 12.9pc in '06
- 'K' Line expands office network to Poland
- US trucking revenue up 15.7pc at $308b in '06
- New containership joins FESC fleet
- Continental to launch NY-Athens service
- Geodis ends 2006 with a 5.3pc growth in revenue
- Swiss WorldCargo opts for Mercator to enhance IT system
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| JANUARY 22, 2007 |
- Wilson Sandhu Logistics opens CBD Belapur office near JNP
- LCL Group discusses plans, strategies & targets at annual meet
- Double hull tanker deadline too near-Baalu
- VTV does a gigantic job at Kandla Port
- Conti Lines Asia sets new record in coil discharge at Mumbai Port
- India, China boosting global business confidence-EIU survey
- Smaller US cos should also invest in India-Minister
- Slew of development projects marks Chennai Port’s commencement of 125th anniversary celebrations
- Mundra Port & SEZ Ltd on dream run
- MoU signed to build LNG terminal
- 30 integrated textile parks approved
- Tax sops sought for investments in foreign acquisitions
- Nath upbeat on FDI inflow nudging $ 12 bn
- Exporters may be relieved of paying service tax
- Moody’s sees signs of Indian economy overheating
- UK financial firms spell out barriers to investment in India
- Competitiveness can place India among Top 10 nations-Dr Kalam
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| JANUARY 22, 2007 |
- Fernando Conte appointed AEA chairman for 2007
- Investments in Vietnamese port projects
- Boeing reports record sales
- Swiss Post NET AG renamed PostLogistics Innight AG
- Saudi Arabia: new security requirements
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| JANUARY 19, 2007 |
- South Africa opens new rescue centre
- Lines link up in Asia-S Africa-S America trade
- Kuwaiti box terminal opens
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| JANUARY 21, 2007 |
- Oil leaks from beached containership
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| JANUARY 19, 2007 |
- Washington governor in Tacoma to present Container Ports Initiative
- First week of new year brings dip in rail freight numbers
- Memorial service scheduled for Coast Guard Petty Officer
- Port of Vancouver, BC sees tonnage gains in 2006
- Trinity Industries breaks record for railcar order backlog total
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| JANUARY 22, 2007 |
- Pollution fight begins
SALVORS fight desperately to prevent further pollution from the MSC Napoli after an oil slick 9km long was reported on Sunday evening.
- Drama in the Western Approaches
- Members attack EU flag-state control directive
PROPOSED EU directive on flag state control is too cumbersome, too costly, unnecessarily repetitive and an infringement on the rights of member states.
- IMO tackles crew fatigue problems
EFFORTS TO secure a more robust international response against improperly manned vessels in order to curtail the effects of fatigue get underway.
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| JANUARY 19, 2007 |
- MSC Napoli may head for Lyme Bay
SOUTHAMPTON 19 January – The cracked container ship MSC Napoli may be towed to Lyme Bay, off the UK’s south coast, and contracted salvor Smit International is understood to be mobilizing maritime salvage equipment from the Netherlands
- No more documents, says Fiona judge
DEFENDANTS in a multi-million-dollar claim by a Sovcomflot subsidiary have failed to obtain a High Court order for the disclosure of a large number of further documents
- MSC Napoli back under tow
SALVORS have successfully re-attached a tow line to the cracked container ship MSC Napoli and are attempting to take the vessel to a safe refuge
- Mercosur debates future growth
MERCOSUR leaders have been debating the expansion of the Latin American trading bloc to include more conservative Chile to balance the socialist governments
- Toxic ferry fumes kill stevedores
POOR ventilation appears to have been the cause of a build-up of toxic fumes on a Philippines ferry, which led to the deaths of two stevedores Full story
- Boxship blown across harbour
LINES holding the container ship CMA CGM Claudel at Rotterdam's ECT Terminal parted in force 9 winds yesterday; the vessel was blown across the harbour
- Carriers merge on Asia-S America
- De Hoop expands to Volharding site
- AP Moller boosts Odense yard finances
- Cruise vessel freed from Plate
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| JANUARY 19, 2007 |
- LA-Long Beach plans aggressive growth
The busiest U.S. container gateway this year will lay the environmental groundwork for an aggressive construction program to begin in 2008.
- Horizon Lines installs RFID on Alaska trade
- Customs sets deadline for mandatory truck e-filing
- Washington state to upgrade box movement
- Stranded MSC ship under tow
- Vancouver port implements new truck licensing
- Trio to offer Asia-S. Africa-S. America strings
- Yang Ming takes delivery of 8,200-TEU box ship
- Canaveral re-elects chairman
- DHL to spend $35 million for Hong Kong upgrade
- CSAV upgrades ABS service
- Asiatic opens Chennai feeder
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| JANUARY 19, 2007 |
- Major terminal operators and carriers go head to head for Maasvlakte concession
The shortlist for the container terminal concession that remains at the second Maasvlakte has been honed down to just two bidders.
- Rotterdam gets to work on oil spill after boxship crash
- Stricken containership under tow to Lyme Bay, southwest England
- Carriers enter Asia, South Africa and South America trade partnership
- French carrier to launch direct link between S. America and Middle East
- Focus group hammers out strategy to combat Hong Kong's slow volume throughput growth
- Mercosur wants to offset socialist influence with Chilean accession
- Inchon to apply RFID technology
- Promised elections in disruption-weary Bangladesh not likely for 6 months
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| JANUARY 19, 2007 |
- Olsen in FPSO spin-off
Norwegian owner aims for flotation in first half of 2007 but will keep control.
- Heading for safety
Salvors hope to tow cracked containership into sheltered UK waters before it splits.
- Crack points to hull failure
Split in MSC containership looks more than simple weather damage.
- Aker Yards dip after sale
Shipyard’s share price falls after Rokke cashes in 10% of holding.
- FSL set for $350m IPO
Singapore leasing outfit set to list trust on local exchange within weeks.
- Hanjin: no Ofer bid
South Korean line bidding to join top five says Israeli’s stake only an investment.
- Storm costs counted
Gales cause deaths and injuries, oil spill in Rotterdam, havoc to ship schedules.
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| JANUARY 19, 2007 |
- "MSC Napoli" crew safe, stricken vessel under tow
- Carriers to cooperate in Asia/South Africa/South America trade
- CMA CGM launching Miami/Central America service
- MOL enhances on-line access to service contracts
- Genco sees strong rate environment
- Airbus gets green light for A330-200 freighter
- Continental posts $26 million 4th quarter loss
- Southwest’s 4th quarter profit down 19%
- New container yard to serve Alliance intermodal ramp
- DB Logistics, Kuehne + Nagel rail freight cooperation
- U.S.-flag Great Lakes cargo up 2% in 2006
- Bush picks Mancuso for BIS undersecretary
- Trade delegation promotes Hong Kong as logistics door to China
- Importers of garments from Vietnam should "beware"
- U.S. beef exporters eye return to Russia
- Grain shippers continue protest of STB's proposed rate complaint rules
- Deutsche Bank to advise EGL buyout offer
- Macquarie Infrastructure Partners buying Fraser Surrey Docks
- Washington governor unveils goods movement initiative
- COSCO Pacific’s throughput up 26% in 2006
- Fairweather new Vancouver VP for Cerescorp
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| JANUARY 19, 2007 |
- DnB Nor remains leading shipping bank
Norwegian bank DnB Nor syndicated shipping loans totalling 13.7 billion last year – 30 per cent of which they take on ...
- Keel laid on new Tallink ferry
On January 18, the keel was laid on Tallink’s newbuilding at the Fincantieri shipyard in Trieste. The 36,000 GT ferry ...
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| JANUARY 19, 2007 |
- Price shifts keep markets guessing
Crude firming late today, but fuel oil down, and bunkers diverging in many ports.
- Bunker spill clean up could take 'months'
Local officials predicting a lengthy timeframe for dealing with tonnes of spilt fuel.
- Oil leaking from towed ship
French reports indicate a slick five metres wide and five kilometres long is trailing ship damaged in storms.
- Weather halts Black Sea bunker supply
Most Black Sea ports suffering as high winds and swells hamper supply.
- Rotterdam market quiet Friday morning
- Supply shortage hits S Korea
Bunker market under strain from low marine fuel stocks from local refineries.
- Oil prices slip further
Warmer-than-average winter in North America and rise in US crude stocks trigger fall in oil prices.
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