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25 November 2020 The on-line newspaper devoted to the world of transports 12:58 GMT+1

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The Business Timesweb site
MARCH 23, 2007
Shipping News
  • Offshore engineering R&D gets $10m boost
    OFFSHORE engineering research and development in Singapore was given a boost yesterday with a new research programme being set up at the National University of Singapore with research grants of $10 million over the next three years.
  • Cosco Pacific sees H2 profit up 29%
    COSCO Pacific Ltd, Asia's third-largest container-terminal operator, boosted its second-half profit 29 per cent, as China's growing trade increased demand.
  • Panama Canal may resist calls to delay toll hike
    THE Panama Canal will probably resist calls from shipping lines to spread out proposed toll increases, threatening profits for companies such as AP Moeller Maersk and Evergreen Marine Corp, analysts said.
  • New biometric ID cards in US ports raise concerns
Admiralty Casebook
  • Physical nexus test for in rem claim overturned
    THE Supreme Court of Canada has finally put to rest uncertainty over how a phrase in the Federal Court Act that provides for admiralty jurisdiction of a court over the arrest of cargo or any property other than a vessel is to be interpreted.

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Sched Netweb site
MARCH 23, 2007
  • MSC's new European Silk service calls at XICT
  • HK's container throughput rises 14.2pc in February
  • New York and Los Angeles experience strong TEU growth
  • ABX Logistics opens new office in Shenzhen
  • Panalpina posts US$152.1m profit, up 53pc in 2006
  • Duisport Group posts 1pc higher EBIT in 2006
  • Chinese containers redesigned as UK jail cells
  • Air China and Cathay Pacific to set up air cargo JV
  • Price-fixing payout weakens Lufthansa Cargo profits
  • DHL clinches `Excellent Services Brand Award 2006'

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Exim Indiaweb site
MARCH 23, 2007
  • m.v. CMA CGM Rio Grande makes maiden call at GTI as part of Vasco Express service
  • India Steamship inks deal to acquire Aframax tanker
  • TCI Seaways acquires 5th vessel
  • Vijay Sheth remains Great Offshore MD
  • Exports get added spice
  • Top Israeli leaders apprised of investment opportunities in port & road sectors
  • Coal-handling port, power plant to come up in Nagapattinam
  • Dhamra port to become operational in 2 years
  • CWC meets trade on Golden jubilee celebrations
  • Railways working out busy season freight surcharge
  • 13 land customs stations to be developed along northern borders
  • Norms eased for conversion of sector-specific zones into multi-product SEZs
  • GST regime may end most export schemes, says Hoda panel member

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International Transport Journalweb site
MARCH 23, 2007
  • Alitalia gets new CEO
  • New Europe-East Coast South America Service (ESX)
  • China to challenge Boeing, Airbus
  • Rail4chem shareholders raise investment
  • Gefco boosts sales in 2006

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Maritime Global Netweb site
MARCH 22, 2007
  • Galileo "in crisis"
  • ESPO fears EU "central planning"
  • UK budget ignores shipping
  • UK detains six
  • OSG fined US$27, with US$10m more to come
  • USCG "ignoring tracking deadline"
  • "K" Line switches to low sulphur fuel for Pacific Northwest calls
  • Philadelphia port row

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Marine Logweb site
MARCH 22, 2007
  • Plea for ratification of antifouling convention

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World Wide Shipperweb site
MARCH 22, 2007
  • Sea-Tac Airport businesses earn Best Concessions honors
  • Deal places MEBA officers onboard Excelerate LNG carriers
  • Diana Shipping enters into time charter deal for vessel DANEA
  • AAPA taps Panama President at Port Person of the Year
  • Overseas Shipholding Group hit with $27 million pollution fine

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Lloyd's Listweb site
MARCH 23, 2007
  • Russian mega-merger gets Kremlin green light
    POWERFUL ministry has thrown weight behind Russian shipping mega-merger of Sovcomflot and Novoship.
  • Ambitious Sovcomflot inks landmark Rosneft deal
  • Inmarsat moves for Stratos
    MARITIME satellite communications giant moves step nearer in $250m bid for leading distribution partner.
  • Maersk seeks partnership deal for Volkswerft
    DANISH giant holds talks with German yard Peene-Werft about cooperation with its own Volkswerft Stralsund.

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Fairplayweb site
MARCH 22, 2007
  • Manpower strains 'linked to accidents'
    STAMFORD 22 March ' Statistics compiled by class society DNV reveal an increasing incidence of serious maritime accidents across several sectors, including tankers
  • Bishop blasts poaching culture
    RAMPANT poaching continues to exacerbate the growing shortfall of qualified officers, V.Ships, CEO Bob Bishop told the Connecticut Maritime Association yesterday
  • Novoship share transfer limit agreed
    LIMITS on the transfer of shares between Russia's state-controlled tanker companies Novoship and Sovcomflot have been agreed this week
  • Delhi tax savages Goa ore exports
    IRON ore exports from Goa, India, have recorded a drastic fall, following a new levy of Rs300 per tonne imposed by New Delhi
  • Traders plan legal action against strikes
  • Irish Continental in share surge
  • Hanseatic sets up on Tyneside
  • Novoship sales stir market
  • OSG confirms shuttle move
  • Sheths raise stakes at Great Eastern
  • Congress offers to fund LNG safety
  • OSG whistleblowers rewarded
  • Aboitiz rationalises routes
  • Eletson to offload Samothraki cargo

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The Journal of Commerceweb site
MARCH 22, 2007
  • China wants liner groups to negotiate rate changes with its shippers
    Beijing unveils new rules requiring liner conferences and discussion agreements to consult on surcharge and rate changes.
  • ILA's Bowers not ready to resign
  • Rail freight declines
  • LA-Long Beach a growing economic engine: Report
  • Port of Rotterdam braces for renewed tug strike
  • CMA CGM exec warns of more carrier mergers
  • Export ABCs: UCP 600, Pt. 2
  • IAS, Trinium form joint venture for box tracking
  • EU approves landmark air agreement with U.S.
  • Trade sues Michigan over ballast-water law
  • Hub names new CFO

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Containerisation Internationalweb site
MARCH 22, 2007
  • Li Ka-shing: further selldown of port assets unlikely
    Tycoon Li Ka-shing said today that it is unlikely for flagship conglomerate Hutchison Whampoa, the parent of Hutchison Port Holdings, to further sell down its ports and other assets.
  • UPDATE: Grand Alliance to start Asia-Black Sea Express in June
    The Grand Alliance is starting a weekly Asia'Black Sea Express (ABX) in late June, following the split between CSAV Norasia and Hapag-Lloyd on the same route.
  • ITF resolution supports FNV Bongenoten in Smit dispute
  • Modern Terminals sees profits fall 4% in 2006
  • National Container Company regains Vladivostok position with Fesco group move
  • Rotterdam Customs work-to-rule affects container shipping
  • Timeline of Betuwe line keeps on lengthening
  • COSCO Pacific to diversify terminal portfolio
  • Yang Ming to place US$900m newbuild order
  • Handling resumes at non-oil terminals of Marseilles-Fos
  • Russia revives "North-South Corridor" idea with India-Iran-Russia sea-rail proposal

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TradeWindsweb site
MARCH 22, 2007
  • Monarch of the Fjord
    Entries are winging through the wires for TradeWinds' first maritime photography competition.
  • Morten's top ten
    CMA's 2007 Commodore takes a leaf out of David Letterman's book to list the joys of working in shipping.
  • Norway owners in the money
    The shipping industry is doing so well that in Norway, even the shipowners' lobby turned a net profit for 2006.
  • Ultrapetrol tumbles
    South American US market newcomer sees dry-dockings erode earnings but share price recovers after shaky start.
  • Lauritzen puts on brave face
    Danish bulker and gas carrier player is happy with 2006 performance, despite big drop in profit.
  • OSG whistleblowers rewarded
    12 crew to pocket $437,500 each for revealing systemic and long-running oil dumping violations on US tanker owner's vessels.
  • Samothraki awaits lightering
    Eletson sending another of its product tankers to take fuel oil cargo from vessel which grounded off Gibraltar.
  • UK holds six in February
    Five general cargoships detained last month, together with high-profile Golden Ocean bulker Golden Glory.
  • Zim picks Samho
    Israeli owner to take delivery of more 10,000-teu ships in 2010 from Korean yard.
  • Gulf Offshore inks Aker order
    Norwegian yard group at centre of share sale to build two PSVs for UK offshore player.
  • Aker Yards goes to 2%
    Norwegian shipbuilder ups ownership of its shares after exit by parent Aker.
  • Sydney Ferries in trouble again
    Australian ferry hits whale-watching ship before crashing into bridge.
  • Fire hits Color Line ferry
    No injuries reported as electronic notice board causes minor blaze between Norway and Denmark.
  • Mexican ship caught in drug bust
    Authorities hail largest maritime drugs bust in US history as 21 tons of cocaine found on vessel off Panama.
  • Russian ministries get behind merger
    Economy and transport chiefs set conditions for combination of Sovcomflot and Novoship.
  • DNV sees casualty creep
    Class society blames stress and fatigue as accident rates starting to show an upward trend again.
  • Ball gazing has MOL upbeat
    Japanese giant ups 2010 profit forecast by 10% as world trade set to take off.
  • GA eyes new trade
    The four members of the Grand Alliance have set their sites on a new Asia ' Black Sea service.
  • Euroseas snaps up fifth boxship
    Greek owner pays $19.5m for 1995-built vessel owned by Gerd Ritscher.
  • ADB to aid Colombo
    Asia Development Bank agrees 25 year loan to help upgrade facilities at Sri Lankan container port.

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American Shipperweb site
MARCH 22, 2007
  • China tightening liner conference rules
  • MOL sets midterm fleet, profit targets
  • Grand Alliance starting Asia/Black Sea service
  • Maersk introduces Vancouver congestion charge
  • NYK receives two 8,600-TEU ships
  • U.S. Coast Guard interdiction nets record cocaine seizure
  • Hoegh Autoliners Inc. hires new marketing VP
  • FedEx 3rd quarter earnings down 2%
  • Lufthansa Cargo's operating profit down after price-fixing settlements
  • Trucking company owner Garner dies
  • U.S. Chamber praises Chinese efforts on eve of IPR conference
  • UTi reshuffles upper management, launches five-year plan
  • GAO voices concern about U.S. food aid program
  • TSA sets TWIC prices
  • U.S. calls for global ban on commercial fishing subsidies
  • FMC reviews 11 OTI license applications
  • Philadelphia area businesses promoting new terminal
  • Yantian's third birth ready
  • Enterra, Holt form alliance for Philadelphia port
  • "K" Line ships to use low-sulfur fuel while docked in Pacific Northwest

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The Scandinavian Shipping Gazetteweb site
MARCH 22, 2007
  • Fire on Color Line's Peter Wessel
    Color Line car and passenger ferry the Peter Wessel was expected at Fredrikshavn late morning today after a fire in ...
  • Fatigue possible factor behind coaster collision
    The Danish Division for Investigation of Maritime Accidents and the Swedish Accident Investigation Board has jointly investigated the collision between ...
  • Reasoned opinion from EU to Estonia
    The European Commission has sent a reasoned opinion to Estonia for failure to respect EU legislation on better availability and ...

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The Bunker Bulletinweb site
MARCH 22, 2007
  • K-line joins low-sulphur bunker club
    Shipowner announcing new distillate fuel policy for US West Coast.
  • Norway declares its support for distillates
    Government ministers welcome "aggressive, long-term" solution to pollution from ships.
  • Dan-Bunkering welcomes new staff
    Trader joining an expanding Middelfart team.
  • Mega-container ship to resume sea trials
    Problem with fuel feed was behind sea trial glitch.
  • UK consultant joins debate on market size
    Lack of consensus over bunker consumption a challenge to legislators.
  • Rotterdam market firms Thursday morning
  • Singapore: Residual fuel stocks at one-month high
    Build in onshore stocks fail to depress bunker prices.
  • Asian bunker prices surge
    Tight supplies in most Asian ports cause bunker prices to rise.
  • OPEC pledges sufficient supply
    Oil supplies sufficient to meet demand in an anticipated robust world economy.
  • Oil prices rise slightly
    Plunge in US stocks of gasoline pushed oil prices up slightly.

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