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| APRIL 24, 2007 |
Shipping News
- Asian shippers protest liners' THC hike
ASIAN shippers are again up in arms over controversial terminal handling charges after regional liner groupings more than doubled the surcharges at southern China ports despite the Chinese government deeming such practices as anti-competitive.
- New tax plan won't affect profits: Maersk
AP Moeller-Maersk A/S, Denmark's biggest company, said a new tax proposal will not harm earnings, after declaring that a previous plan may have forced the shipper to move some divisions abroad.
- Iron ore shipping rates may exceed 2-year high
THE cost of hiring ships to carry commodities including iron ore may exceed a two-year high because of expectations that China will import more of the raw material used to make steel.
- Kuehne + Nagel Q1 profit up 28.2%
- Bharati Shipyard plans facility to build bigger ships
- Families start searching for missing Aussie sailors
- Coal ship rates surge on long loading queue
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| APRIL 24, 2007 |
- Hanjin Shipping signs charter with Danaos for five new 3,400-TEU ships
- Cosco, China Shipping to expand terminal capacity in Italy
- Construction begins on Lianyungang Logistics Park
- Indian shipbuilding 'to grow 30pc a year'
- Russia's Far East Sea Shipping looks to take over Baltic box line
- TNT names new head for expanded road network in Asia
- Indian shipbuilding 'to grow 30pc a year'
- Russia's Far East Sea Shipping looks to take over Baltic box line
- TNT names new head for expanded road network in Asia
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| APRIL 24, 2007 |
- TICC Container Line (India) completes decade of operations
- Ahoy! another tax wave forming to buffet shipping companies
- Revised shipping protocol bails out PNSC
- Garware Offshore’s Q4 net rises by handsome 42.3 pc
- Super tanker owners put freeze on hiring
- Eitzen Chemicals’ tanker makes maiden call at Vizag
- JBS Group continues progress, targets higher volumes
- Maersk Line to increase BAF from June 1
- NYK receives Japanese govt’s environmental award
- Hanjin Shipping named Ocean Carrier of the Year by Owens Corning
- Marshall Islands fleet breaks through 36-million ton mark
- Agility’s acquisition strengthens network in Australia & NZ
- IRI opens office in Korea
- NOL conducts successful maritime security exercise
- Exmar goes for an 8th LNGR
- Home textiles attract Kazakh cos
- WHO seeks details of herbal products
- Kerala govt’s meet on Vizhinjam ICTT draws investors in droves
- Top air charter specialist joins WCA family
- Air Deccan to offer low-cost cargo services
- Rlys exploring cutting through Bangladesh to reach China, Asean
- Head of rail freight corridor may be named on May 15
- FFFAI to hold biennial meet in Bangalore from May 24 to 26
- Forex reserves surge to $ 2,03,092 m
- Biz opportunities in India huge, but regulations play spoilsport, says US official
- Govt may consider time-limit for re-export of imported coconut oil
- Ficci study sees tremendous potential for growth of retail sector
- Forex reserves up by $ 2.7 bn
- IMC organises meet to discuss Customs valuation rules on Wed.
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| APRIL 23, 2007 |
- Gulf Air names general manager for Bahrain
- Containerships upgrades South Baltic services
- China Southern with higher profits
- Eurotunnel: more trucks less freight trains
- time:matters to collaborate with Jetpak
- New social rules: unfinished business for the EU
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| APRIL 23, 2007 |
- IBIA intervenes over Material Data Safety Certificates
- Samskip beefs up South American network
- Petrobras charters Golar FSRUs
- Sealift in strategic talks
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| APRIL 23, 2007 |
- Golar LNG wins Petrobras contract
- OSG completes lightering acquisition
- Low speed cat
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| APRIL 23, 2007 |
- Port of Seattle agrees to friendship pact with Port of Dalian
- Carriers change India service to include call at Savannah
- Cruise ship uses sea water to clean engine emissions
- Crowley Newco extends stock purchase expiration date
- Menzies Aviation subsidiary eyes purchase of air cargo firm
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| APRIL 24, 2007 |
- Cosco splashes out on 66 newbuildings
GROUP firms up orders for 15 bulkers and tankers, and targets another 51 ships, including boxships and car carriers.
- Cosco trading arm sees 24% profit increase
- Fortress to pay $2.4bn for Interpool
NEW Jersey-based container lessor to be acquired by Fortress Investment Group.
- Petrobras set to move into LNG sector
BRAZILIAN oil company set to sign $90m a year contract with Golar LNG to charter two liquid re-gasification plants.
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| APRIL 23, 2007 |
- African project shipments to soar
AFRICA is to become a magnet for the project and break-bulk markets as governments gear up for substantial investments in energy and infrastructure
- New emissions technology installed
A new emissions reduction system using seawater has been installed aboard Holland America Line’s Zaandam, with a view to broader maritime sector applications
- UK coastguards reach agreement
THE UK’s Maritime & Coastguard Agency has reached an agreement with its volunteer Coastguard Rescue Officers on insurance cover while on duty
- Poland goes back to drawing board
POLISH shipbuilding leaders have started to revise the restructure proposal deemed 'insufficient' last week by the European competition commissioner Neelie Kroes
- Hanjin begins shipbuilding in Subic
HANJIN HI Philippines officially began construction of ships at its new Subic shipyard on Thursday with the switching on ceremony of steel plate cutting machine
- Ezra unit lists in Oslo OTC
- Argentina assesses Irizar damage
- Carnival delayed by second bomb hoax
- Daewoo Mangalia faces strike action
- Senior officers die in cargo hold
- China shippers protest THC hikes
- Cosco signs orders for 66 ships
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| APRIL 23, 2007 |
- Schumer urges parties to resume negotiations over NYCT lease transfer
New York Democrat calls on port authority, OOIL, and Ontario pension fund to restart talks before terminal deal falls through.
- Gain for PNW export boxes
- Rotterdam's ills boost Antwerp container traffic
- U.S. rail freight traffic continues decline
- Cosco joins Inttra portal
- Russian ocean carriers to sue shipbroker Clarkson
- Export ABCs: UCP 600, Pt. 3
- Singapore auto hub planned
- Rate hikes rejected for Chennai container terminal
- British Airways mulling bid for Spain’s Iberia
- Hub Group earnings up
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| APRIL 23, 2007 |
- Fredriksen to get heavier
Frontline heavy-lift spinoff Sealift Ltd says a 'potential strategic transaction' is afoot with another industry player.
- Fulford-Smith nets less
Weaker annual profits and falling bonuses mean paltry £2.59m for Clarksons chief last year.
- Crowley buyout extended
Tom Crowley's $2,990-per-share go-private offer still needs about 8,000 shares to say yes.
- OOCL books five
Hong Kong liner operator returns to its favourite South Korean yard for series of 4,500-teu ships.
- Broker battered again
Russian corruption threat wipes almost $50m off value of Clarksons.
- White not right for MCA
Five of six new detentions in UK come from Paris MOU white-listed flag states.
- Kuwaitis eye Szczecin
Following ruling family’s interest in Gdansk, Middle East investors could take stake in another Polish yard.
- Quintana takes two at STX
Chairman and director once again involved as Greek owner signs for twin capesizes at Korean yard.
- Latvian loss
Port of Riga rues cost of ownership and auctioning off of ro-ro Baltic Kristina.
- Unity Line needs another
Success of new freight run to Trelleborg, Sweden, prompts tonnage search for Polish owner.
- Soo to expand soon
Long-delayed works to expand Great Lakes locks in Michigan passed by House of Representatives.
- Route 66 for CCHC
China Cosco Holdings sets out on long road to fleet growth with staggering 66-unit order at domestic yards.
- Ton up for Wilson
Deal for German-owned multipurpose will bring Norwegian owner’s fleet to 100 vessels.
- And the winner is...
Golar sweeps double award for 10-year time charters for FSRU units to Petrobras.
- MISC back with bonds
Malaysian giant reportedly looking to sell $2bn of debt to fund expansion, following up big 2004 issue.
- Ultrapetrol picks Bharati
US-listed owner secures 2009 delivery dates for two platform supply ships from Indian yard.
- Cosco box numbers up
China Cosco Holdings has seen double digit growth in both revenues and container volumes.
- Aries extends cover
China Shipping has agreed to take a containership for two extra years from US-listed owner.
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| APRIL 23, 2007 |
- Shippers in China, Sri Lanka cry foul over conference-imposed THCs
- GAC Marine Logistics opens Rotterdam office
- U.S. truck makers gird for painful year
- Shipping industry praises U.S. House passage of water resources bill
- Staples to use Blue Sky Logistics as visibility software provider
- Kuehne & Nagel sees 28% 1st quarter profit rise
- DP World's profit down 11% in 2006
- Schumer calls for renewed talks over Howland Hook transfer
- COSCO Pacific developing terminals in three China regions
- Seattle, Dalian ports sign pact
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| APRIL 23, 2007 |
- ICS not happy with new ACP changes
International Chamber of Shipping (ICS) are not satisfied with the small changes in the proposed toll raises Panama Canal Authority ...
- OMI/Frontline suezmax pool to continue
Teekay Shipping and Frontline are likely to continue the pooling of suezmax tankers if the OMI board approves the Teekay ...
- New Danish towing company
Dan Tug A/S of Fredericia is the name of a newly formed Danish towing company set up by two ...
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