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27 January 2020 The on-line newspaper devoted to the world of transports 12:40 GMT+1

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The Business Timesweb site
FEBRUARY 23, 2007
Shipping News
  • WTSA to raise freight rates and bunker surcharges from April 1
    CONTAINER shipping lines, including Neptune Orient Lines, operating on the westbound transpacific from the US to Asia have announced price hikes and higher bunker surcharges as they point to rising operating costs.
  • Q4 net doubles at Daewoo Shipbuilding
    DAEWOO Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, had fourth-quarter profit that more than doubled from hedging the won's appreciation against the US dollar.
  • Teekay Shipping Q4 net drops 58% to US$60.3m
    TEEKAY Shipping Corp, the world's largest oil-tanker owner, said fourth quarter net income dropped 58 per cent as lower shipping rates reduced revenue.
  • Fire on Indon ferry kills at least 16 people
Admiralty Casebook
  • Doctor's negligence: cruise ship cleared
    THE Supreme Court of Florida last week overruled a district court and held that that a cruise ship was not vicariously liable for the medical malpractice of the ship's doctor.

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Sched Netweb site
FEBRUARY 23, 2007
  • WTSA to raise NOS and FAK cargo rates
  • Rotterdam restricts entry of empty boxes to beat backlog
  • New container security system installed in Portland
  • Globe Express opens 4 new offices in S India
  • Port of Seattle to build new facility to increase cargo handling capacity
  • Tacoma handles 4,000 TEU more in 2006
  • Cathay, Dragonair see cargo, passenger volumes decline in January
  • Qantas sets the record straight on executive share scheme
  • Saudi air cargo agents need certificate to pass security check

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Exim Indiaweb site
FEBRUARY 23, 2007
  • Vessel glut, OPEC output cut may drag down Gulf oil freight rates
  • Hasten shipbuilding, exhorts Defence Minister
  • Visa Group to acquire dry bulk carriers
  • India-Europe trade growing, but still trails Far East's volumes-IPBCC heads
  • Ban on export of chana lifted
  • Wheat may be exported next year-Pawar
  • Meat exports allowed
  • Gold jewellery exports twinkle
  • DP World achieves record berth productivity of 142.17 mph
  • Record quantity of rice shipped via Kakinada port
  • MbPT wins billiards & snooker championships trophy
  • Railways' freight revenue up by 16 pc in April-January 2006-07
  • Assocham seeks ban on export of minerals

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International Transport Journalweb site
FEBRUARY 22, 2007
  • New Hannibal shuttle between Gioia Tauro and Lubjana/Zagreb
  • Rudolph & Hellmann in the Middle East
  • DHL has ambitious plans in Dubai
  • TNT wins new contract in UK

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Maritime Global Netweb site
FEBRUARY 22, 2007
  • Ro-ro dispute in Irish Sea carries on
  • Samskip boosts services again
  • UK detains three
  • UK Ship Register re-launched
  • Management changes at Swedish Club
  • New Orleans stevedoring JV

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Marine Logweb site
FEBRUARY 22, 2007
  • Disney Cruise Line to add two new ships
  • SEACOR reports fourth quarter results
  • Carnival sells Windstar to Ambassadors International
  • New name for U.K.'s ship register
  • DNV and Vietnam Register sign cooperation agreement
  • Maine shipyard makes expansion move
  • Guilty plea in marine products bid-rigging case

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World Wide Shipperweb site
FEBRUARY 22, 2007
  • Standard and Poor's boosts Port of Seattle bond rating
  • Crowley adds larger vessel to Central America service
  • Maritime Administration taps firm to support SAVANNAH decommissioning
  • WTSA member carriers plan pair of rate increases
  • Corps announces schedule for Columbia/Snake lock closures

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Lloyd's Listweb site
FEBRUARY 23, 2007
  • Genmar pays out bumper dividend
    COMPANY declares bumper one-off dividend of $15 but rules out acquisition conquests right now.
  • Aegean calls in Georgiopoulos for revived flotation bid
  • Death toll rises after Indonesian ferry fire
    TRAGEDY strikes again in Indonesia as fire on passenger ferry Levina 1 leaves at least 16 dead.
  • Tui starts to sell-off shipping assets
    THE Hapag-Lloyd parent sold its majority in the Montreal Gateway Terminal and seven boxships, reducing debt by $814m.

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Fairplayweb site
FEBRUARY 22, 2007
  • Carnival divests niche brands
    MIAMI 22 February ' Carnival Corp has sold Windstar Cruises for $100M to Ambassadors International and definitively confirmed that UK brand Swan Hellenic will not be revived
  • Merchant Brilliant crew being paid
    ADG Shipmanagement is reported to have handed over £70,000 to one of the officers of the embattled ro-ro Merchant Brilliant, and he is at last making payments
  • Ostedijk emissions reducing
    EFFORTS to reduce gas emissions from burning fertiliser on the cargo vessel Ostedijk appear have been successful, but Spain's government has kept the ship out of port
  • UK remodels ship register
    THE UK has remodelled and renamed its shipping registry to make it more customer focused while retaining quality as its key objective
  • Finnlines' Lagerroos to step down
    ANTTI Lagerroos, president and CEO of Finnlines, has submitted his resignation despite being asked to stay on by Emanuele Grimaldi
  • Suez offers tempting discounts
    IN A bid to win greater share of the US-Asia trade, the Suez Canal Authority plans to offer transit fee discounts during March to Trans-Pacific Maritime Conference members
  • Brostrom, Offen in partnership
  • Attica slims as fuel costs bite
  • Adsteam boost ahead of takeover
  • Snapped towline caused tug death
  • Many die in Indonesian ferry fire
  • Korea seeks to fill seafarer shortfall
  • Teekay net falls sharply
  • P&O Cruises overhaul after Brimble
  • Sub master accused of negligence
  • GenMar to pay out huge dividend

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The Journal of Commerceweb site
FEBRUARY 22, 2007
  • FMC approves deal in port trucking case
    The ruling should help clarify the role the Federal Maritime Commission can play in harbor trucking disputes.
  • TUI sells 80% stake in Montreal terminal
  • C. Bradley Mulholland, former Matson chief, dies
  • CN strike starts to crumble
  • TACA boosts Panama Canal transit fee
  • Charleston terminals to get RFID tracking network
  • Deutsche Post earnings slide
  • CMA CGM launches Europe-Oceania service
  • ABX Air earnings soar
  • DHL restructures India, South Asia network
  • Suez Canal seeks to lure traffic from Panama

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Containerisation Internationalweb site
FEBRUARY 22, 2007
  • Updated: Private equity steps in again, as TUI makes debt-reducing disposals
    Hapag-Lloyd parent TUI has confirmed details of the previously-announced sale of vessels and terminal assets ' acquired in the CP Ships takeover ' permitting them to pay off some €620m (US$814.66m) of debt.
  • 24-hour Smit harbour towage strike called
    Trade unions have announced a 24 hour strike a Smit harbour towage in Rotterdam from tomorrow morning 06:30 CET, after the company failed to enter an improved pay deal by last night.
  • India's Shipping Ministry establishes shipper grievances forum
  • More competition in the transalpine market
  • CMA CGM officially unveils NEMO service
  • Pan Ocean upgrades PST service
  • Jute mills strike hits Concor business
  • CN would back government intervention to end strike

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TradeWindsweb site
FEBRUARY 22, 2007
  • TUI sells CP Ships assets
    Seven boxships and Montreal terminal go in two deals that will cut debt by EUR 620m.
  • Antti Lagerroos quits
    Finnlines chief bows out at age of 62, despite new owner Emanuele Grimaldi asking him to stay on.
  • L&B in oily waters
    Sums don't add up on Leonhardt & Blumberg boxship in another US oily-water separator case.
  • Daewoo in dreamland
    Korean shipbuilder's 2006 profit soared thanks partly to a foresighted bit of currency hedging.
  • Ro-ro families ripped off
    Russian criminals posing as journalists offer to "free" Merchant Brilliant crew for EUR 200, but crew now being paid.
  • Teekay troubled
    Aframax giant hit by rising costs and foreign exchange losses in 2006.
  • 16 dead in ferry fire
    Rescuers evacuate 275 people from burning Indonesian ship off Jakarta, but death toll could be higher.
  • Expenses dog Wilson
    Norwegian mini-bulker owner's earnings dragged down by higher voyage costs in 2006.
  • AK raids Russia
    Norway's Aker Kvaerner buys 50% holding in Zvezdochka shipyard to build Russian business.
  • Diana delights
    Investors rewarded with 15% dividend increase after Simeon Palios' firm says profits jump 40%.
  • Smit facing strike
    Dutch salvage giant hit by revolt over pay by towage unit workers.
  • One in, one out
    US-listed Aegean Marine Petroleum is selling a single hull aframax and buying a double-hull panamax.
  • Attica takes a step backwards
    Greek ferry group hurt by fuel costs and sale of Baltic operations in 2006.
  • 'Various and complex'
    Odfjell says Bow Favour's crankshaft suffered 'major damage' in incident earlier this month.

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American Shipperweb site
FEBRUARY 22, 2007
  • WTSA lines to raise cargo NOS, FAK rates
  • U.K.-flag register relaunched
  • CMA CGM finds NEMO
  • SvitzerWijsmuller relaxes Adsteam takeover conditions
  • Crowley adding larger, faster ro/ro ship to Florida/Central America loop
  • TACA looking to bolster "unsustainable" rates
  • "Emma Maersk" sister delayed
  • Matson increases fuel surcharge
  • Samskip combines Swedish, Baltic services
  • British Airways picks Boeing 777 ahead of Airbus A330
  • State-owned Indian airlines may finally merge
  • Japan Airlines announces major management reshuffle
  • British Airways orders four A320s
  • Lufthansa Cargo expands service for special products
  • Continental Airlines Cargo joins Unisys' Cargo Portal Services
  • Japan Airlines announces new low-cost RFID system
  • FAST driver caught with large drug shipment
  • Earliest opening set for St. Lawrence Seaway
  • U.S. "trusted customer" program considered for certain Indian companies
  • BIFA calls on recruitment firm to find new leader
  • Globe Express Services opens four offices in India
  • Flynn: DHS set up to fail
  • China has shortage of logistic pros
  • Northrop Grumman receives Army logistics contract extension
  • Skinner named logistics company chairman
  • DSC Logistics wins Culligan business
  • Worldwide Project Consortium expands
  • FCL Carrier moves into U.S. market
  • Harbor commissioners to decide on PNCT lease swap
  • Morgan Stanley buys 80% of Montreal Gateway terminal
  • Suez Canal Authority set to offer discounts to undercut Panama
  • Rotterdam's ECT terminal refusing empty containers
  • Ontario Teachers form company to direct marine terminal investment
  • Port of Conakry reopened, heavily congested
  • Global Stevedoring, Pacorini start New Orleans joint venture
  • CN strike drops Port of Vancouver's cargo volume by 50%
  • Mayor urges state to cement L.A.-Long Beach port, logistics center link
  • Port of Seattle receives S&P bond rating upgrade
  • Nicaragua planning port improvements
  • Port of Boston planning for growth
  • Dublin terminal operator selects Tideworks software

news on subscription
The Scandinavian Shipping Gazetteweb site
FEBRUARY 22, 2007
  • Transatlantic more than doubles result
    Swedish shipowner Rederi AB Transatlantic reports an operating result of SEK 216 million (EUR 23.2 million) for 2006, up from ...
  • Statoil procured for near NOK 70 billion i 2006
    Norwegian energy company Statoil procured goods and service for a total of NOK 67.7 billion last year, up 9.0 per ...
  • Coastal Express vessel in distress with engine failure
    Coastal Express vessel Nordstjernen was towed into Florø in Western Norway after a dramatic engine failure early late last night ...

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The Bunker Bulletinweb site
FEBRUARY 22, 2007
  • Bunkers slow to respond to year's record crude
    Mixed picture from marine fuel markets as oil firming.
  • Ship survey queries low-sulphur fuel use
    California agency asking for engine and fuel details from visiting ships.
  • Chemoil announces Panama expansion
    Chemoil gains another bunker barge with new joint venture.
  • Rotterdam market continues firm run
  • Singapore: Residual fuel stocks at 11-week high
  • MPA lists top 20 Singapore suppliers by volume
    BP has retained its position as the biggest supplier by volume in the world's largest bunkering port.
  • Oil closes above $60
    Shutdown of refinery in Texas and Iran's defiance in the face of UN sanctions on nuclear issue have lifted oil prices.
  • KIC to build bunker terminal
    New terminal may allow Malaysia to offer bunker prices at competitive levels compared to Singapore.
  • Aegean buys double-hull for floating storage
    Aegean also expects delivery of eight newbuilds and aims to add two new service centers in 2007.

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