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| NOVEMBER 23, 2007 |
Shipping News
- Mexico struggles to control month-old platform leak
Workers were still battling a nightmarish combination of gas and crude leaks, fires and oil slicks at a damaged Gulf of Mexico oil platform on Wednesday, almost a month after it was damaged in an accident that killed at least 21, an official said.
Admiralty Casebook
- Safety advisory after boiler blasts
AUSTRALIA'S Transport Safety Bureau last week issued an advisory calling on all vessel owners and operators to urgently notify their ships' crews of the dangers associated with servicing the Osaka OECV2 boiler.
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| NOVEMBER 23, 2007 |
- CSCL to join Transpacific Stabilisation Agreement
- Cosco Pacific plans to raise US$241 million in big container sale
- China to impose new controls on textile exports to Europe
- Ningbo volume up 33pc in first 10 months to 7.7 million TEU
- Shenzhen company starts work on logistics park in Tianjin
- Port of Le Havre volume up 26pc to 2.22 million TEU
- Smart card enrolment centre for US port workers extends to Savannah
- IATA chief slams EU emissions trading scheme as 'hot air'
- Airbus readies A320 passenger-to-freighter conversion service
- Boeing's Jeppesen to supply Volga-Dnepr with latest IT package
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| NOVEMBER 23, 2007 |
- VLCC rates climb
- GGL Line launches direct Singapore-Bangalore groupage service
- India-Asean FTA likely by May 2008
- PM targets $ 50-bn trade between India, Asean
- Full ICD train loaded in just 12 minutes at JNPCT
- Tuticorin Port achieves single day cargo handling record
- DP World raises $ 4.96 bn from Middle East's biggest IPO
- STC, nafed, Spices Board form SPV for agri services zone
- Govt may not impose export obligation on SEZ units
- India to become one of three biggest economies in a decade-London Mayor
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| NOVEMBER 22, 2007 |
- Fishing boat released
- New box leasing company
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| NOVEMBER 22, 2007 |
- EU parliament stands firm over places of refuge
EUROPEAN parliament seeks to force member states to put in place independent authorities to deal with ships in distress.
- Hold firm over places of refuge, Euro MPs told
- Maersk Tankers return bolsters Intertanko
DANISH tanker operator rejoins Intertanko after leaving at least 14 years ago.
- Soros grabs stake in Navios Maritime Partners
BILLIONAIRE investor George Soros buys 5.71% stake in Navios new dry bulk unit.
- Past lessons prompt Neapolitan prudence
DESPITE soaring freight rates and newbuilding prices, the port city's powers believe their conservatism will save them from a fall out.
- Fear of the unknown
NEW yards may be a blessing for desperate owners but there is a case for caution as parties press further into unknown territory.
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| NOVEMBER 22, 2007 |
- EC ports policy sticks in the mud
Port authorities in Europe have called on the European Commission to tighten up the environmental elements of its new proposed port directive, announced earlier this month
- Genoa helps Imarex go wet and dry
IMAREX and Genoa Sea Brokers are to take over FFA brokerage Bravo Futures
- UN warns India over Alang hazard
The UN's Basel Secretariat has contacted the Indian government warning of dangerous material on board the Aqaba Express, anchored at Alang
- CSC backs rule change on disputes
CYPRUS Shipping Council is backing a proposal in the Philippines to replace bond placements with an escrow account for seafarer-employer disputes
- Stricken ships lacked management
IT has emerged that the former management of Volgotanker has no liability for the Volgoneft-139 and Volgoneft-123, and had nothing to do with their ill-fated voyages
- Kerch sulphur pollution unlikely
GRANULATED sulphur released from sunken vessels in the Kerch Strait is not expected to have an adverse affect on the environment, a Russian official has claimed
- ITF speaks out on weighty issue
- North Sea SECA now in force
- Torm sees softening products market
- Asian shipbuilders target IMO seat
- Jurong Shipyard asked to pay up
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| NOVEMBER 22, 2007 |
- HPH appoint Westerhoud as north Europe supremo
- Port of Le Havre October volume up 29%
- Thamesport wins new Asia/Europe service
- EWS announces new Channel Tunnel services
- Full SECA North Sea now in effect
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| NOVEMBER 22, 2007 |
- EC in pole position
Commission is en route to victory in ship-source pollution case and is likely to follow advocate general's lead, lawyer says.
- Bankers in the lead
Fortis finance chief, Svein Engh, is out in front in TradeWinds' freight rate challenge as capesize index falls for fifth consecutive day.
- Shipmanagers need a shake
Leading industry figures including Barber's Geir Sekkesaerter call for change in fee structure and more transparency.
- MISC slips
Kuala Lumpur-listed owner sees profits slide due to weak tanker rates but it still banks healthy returns.
- Scan faces ABG delay
Norwegian owner to take delivery of survey ships three months late due to problems at Indian yard.
- Eckero finally sells Roslagen
Finnish owner offloads veteran ferry after previous deal fell through.
- Tazaki: 'Ditch the dollar'
Chairman of the Shipbuilders' Association of Japan pushes the yen as it hits two-year high against US rival.
- Cosco bulker holed
Karachi clash with general cargoship results in minor damage to both vessels.
- OOIL bags brace
Big-spending owner returns to China State Shipbuilding for two more boxships in $241.4m spree.
- Pleasant surprise for Torm
Danish tanker owner's nine-month profit better than expected, but still weaker than 2006 on operating basis.
- Navibulgar offer accepted?
Reports in Bulgaria suggest Martrade-led group will succeed in buying national owner.
- UK holds back five
Among ships detained in October was general cargoship inspected due to unexplained death of crewman.
- Dean denies cover up
University of Miami chief says captain of research ship never intended to hide grounding despite slow reporting.
- Hanjin expands Subic
Korean shipbuilder confirms second $485m dock at its Philippines base.
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| NOVEMBER 22, 2007 |
- Bad watch keeping on the Danica White
The outlook and watch keeping was too slack on board the Danica White, when it was on the voyage from Sharjah to Mombasa in June. That was the main reason for the capture is the conclusion from the Danish Maritime ...
- Ulstein acquires MMT
Ulstein Group has signed an agreement to acquire the engineering company MMT (Maritime and Mechanical Technology). MMT is based in Norway and employs around 20 people. MMT owns engineering companies in Croatia and has partnerships with similar companies in India ...
- SECA in full effect from November 22
Ships operating in the North Sea must comply with new exhaust standards from November 22, as the full implementation of SECA (Sulphur Emissions Control Area) enters. This means that all ships entering the area must run on bunker fuel with ...
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| NOVEMBER 22, 2007 |
- Ship carbon emission index launched
Germanischer Lloyd says CO2 data will encourage development of more efficient ships.
- Aegean founder eyes $245m windfall
Melisanidis to sell 6.5 million Aegean shares in secondary offering.
- Flow meter undergoes sea trials
UK company says commercial trials show flow meter can defeat 'cappuccino effect'.
- Rotterdam market quiet
- Kerch Strait spill could hit fuel oil movements
Russian authorities considering new restrictions on aging river tankers.
- Singapore fuel oil inventories at 9 week high
Middle distillate stocks fell from a week ago.
- Las Palmas storage project 'back on track'
Talks underway for a single facility to store all fuel types.
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