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| JANUARY 25, 2007 |
Shipping News
- Seafarer fatigue getting critical: study
A new study by Cardiff University indicates seafarer fatigue is reaching critical levels with at least one in four seafarers saying they have fallen asleep at the wheel due to excessively long work hours.
- PSA to hand over Muara terminal to Brunei govt
PSA International is returning operations of the Muara Container Terminal in Brunei to the local government, after managing and operating it for the past six years.
- eBay removes items looted from wrecked ship
INTERNET auction site eBay has begun removing items for sale which were taken by scavengers from the wreck of a stricken cargo ship off south-west England, coast guards said yesterday.
- Vietnam shipbuilder to privatise all units this year
- KGL Ports may invest in S-E Asia too
- Kaohsiung port to roll out US$1.5b expansion plans
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| JANUARY 25, 2007 |
- Rising costs induce Maersk to cut transpacific services
- CMA CGM rejoins TSA after year's absence
- DHL to open new centre in HK to boost operational capabilities
- CSAV Norasia boosts ABS service to Black Sea
- CEVA takes John Pattulo from DHL as new CEO
- Portek sells equity in BFE to Zeteco
- ABX Logistics sets up own subsidiary in Poland
- Great Wall Airlines resumes all-cargo service to Amsterdam
- Korean Air completes first B747-400F conversion
- Emirates Airlines links up with DHL on strategic air cargo security
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| JANUARY 25, 2007 |
- CMA CGM launches service linking India with S. America, Middle East & Africa
- GE Shipping sells product tanker
- CSAV Norasia enhances ABS service to provide customers wider options
- H. D. Kulkarni boards MANSA as Secy-General
- INTTRA introduces free online search service for shippers, forwarders
- Exports get added spice!
- Japanese market turns rosier!
- MPEDA eyes tuna market in Japan, US
- Nasscom logs on to higher exports
- VPT, VCT offer slew of sops to lure Hyderabad/hinterland cargo
- E. freight corridor to be electrified-Lalu
- SEZ tax sops only on fulfilment of export obligation-Chidambaram
- Indirect use of raw material too eligible for tax exemption-SC
- TUFS may continue after modifications
- Australia beckons the skilled
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| JANUARY 25, 2007 |
- Donald Pilz to head Western Europe business unit
- Delmas/NileDutch launch new South American east coast -West Africa service
- New GSA for Etihad in Malaysia
- Agreement on German extension to Betuwe Line
- Kerry Logistics expanding in Europe
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| JANUARY 24, 2007 |
- Horrocks warns of industry pain
- Filipino seafarers kidnapped in Nigeria
- EC probes Danish tonnage tax change
- New Baoshan contract for MOL
- Strong full-year figures for Euronav
- ICS supports UK handling of MSC Napoli casualty
- CMA CGM rejects Napoli claims
- Euro short sea project
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| JANUARY 24, 2007 |
- Foss maritime acquires ACT
- Crowley buys SeaRiver Bay Area tugboat business
- MAN Diesel offers new approach to maintenance
- Claus Windelev moves on
- Delmar upgrades Port Fourchon capabilities
- Hoegh and Maersk in car carrier cooperation
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| JANUARY 25, 2007 |
- EU flag state control directive plans put off again
GERMANY delivers another blow to plans for moving flag state control competence from national governments to Brussels.
- Defiant Malta digs in over EU port state control directive
- AP Moller and Leif Höegh merge car carrier fleets
SCANDINAVIAN heavyweights combine their car carrier fleets to meet the growing global automotive manufacturing sector.
- MP's call for action plan to protect UK ports
MP's want Britain's government to have reserve powers to intervene in the market if foreign ownership of UK ports requires it.
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| JANUARY 24, 2007 |
- Putin seeks end to agency rivalries
MOSCOW 24 January – Russia's President Vladimir Putin has told his economic, finance and transport ministers yesterday to end their inter-agency rivalries, and produce a streamlined system of customs, tax and cargo clearance through Russia's ports
- UK 'needs a port plan'
THE UK should develop a national port plan or risk losing direct calls to rival ports on the continent, said a government select committee in a report released today
- US to double reserves
OIL prices rose nearly 5% on President Bush’s announcement that the US would double the size of its Strategic Petroleum Reserve to 1.5Bn barrels by 2027
- Appeal Court setback for Sovcomflot
SOVCOMFLOT companies have suffered a setback in the London Court of Appeal on one of the issues in their multi-million dollar damages claim
- MSC Napoli salvage progress
SALVORS working on the MSC Napoli casualty have begun pumping out the ship's bunker fuel and await the arrival of two barges for removal of containers
- Grounded Ocean Globe refloated
SPANISH maritime authorities have successfully towed the Bahamas-flagged bulker Ocean Globe into Puerto Real after five tugs were used to refloat the vessel
- Trasmed suspends Spain-UK service
- Migrant Watch: US/Caribbean
- Indian owners call for tax changes
- Philippines to revise maritime laws
- Australian tug assists PNG casualty
- Pacific Shipping on target for profit
- Shipping must become 'greener'
- UK shipping faces threat to growth
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| JANUARY 24, 2007 |
- Intermodal revenue weakens as Norfolk Southern boosts profit in fourth quarter
Net income gains by six percent on demand that stayed close to record highs despite decline in intermodal volumes.
- Box backlog jams Deltaport
- Maersk, Höegh in auto pact
- Europe West Indies Line adds Halifax call
- Cargo sales drop but United narrows loss
- TSA welcomes CMA CGM back
- Long Beach halts LNG project
- Export ABCs: UCP 600
- Foss Maritime Co. buys America Cargo Transport
- Genco files shelf offering
- Tropical christens new ship
- Crowley buys SeaRiver
- Volga-Dnepr to build new superjumbo freighter
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| JANUARY 24, 2007 |
- Trials of various hub ports aimed at ending MSC’s tribulations in Greece
Swiss-based Italian outfit MSC is conducting a study of Mediterranean hub ports with a view to removing a significant proportion of its cargo from the troubled Greek port of Piraeus.
- PSA's early Brunei departure opens new round of public tenders
PSA International said today that it would hand the operations at Muara Container Terminal back to the Brunei Government from April, 19 years earlier than the original agreement.
- Flurry of fixtures sees charter market sentiment improve
- MCGA: MSC Napoli could remain off Branscombe beach for up to a year
- News analysis: MPs challenge UK government to take more transport responsibility
- Updated: EC approves German Maut compensation alternative
- Bank of England rate-setters were divided over world growth
- Intermodal powers CN to record revenues
- Indonesia's Tanjung Intan port ready for containerisation
- Crunch time nears as commission prepares to rule on Toll divestment plans
- Tauranga doubts about Auckland merger
- China's COSCO group reshuffles senior executive appointments
- Georgia agrees to resume bilateral talks for Russia’s WTO accession
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| JANUARY 24, 2007 |
- Going 'active' in Genmar
Helmut Sohmen-Pao controlled Bergesen Worldwide has declared itself an “active investor” in Genmar.
- Trasmed axes Bilbao sailings
Spanish owner pulls out of Portsmouth run, but pledges to return in April.
- EC probes Danes
Proposed changes to tonnage tax system prompts investigation by European regulators.
- On the prowl?
Georgiopoulos' Genco Shipping & Trading files $500m shelf registration.
- Canada detains quartet
Port state checks find serious faults on four ships during December.
- FPSO on the loose
A John Fredriksen- controlled FPSO has hit out for Oman and authorities at Mumbai are rounding up a posse.
- Bernander's back
The former boss of Arendal-based Gard, John G Bernander, is set for a partial comeback into shipping.
- Have some more
Seaspan ups dividend for first time since listing in 2005.
- Maersk, Hoegh slip into gear
Danish giant teams up with Hoegh Autoliners in PCTC co-operation deal.
- Owning exit at Orion?
Board of Danish ro-ro operator to meet in March to discuss future after sale of last unit to Arrow Seismic.
- Palios, Fortis cut stakes
Diana Shipping’s principal and its banker have cut their holdings in the company through yesterday’s sale of five million shares.
- Geo goes to Fitjar
Norwegian group to build diving support ship at domestic yard for work in Asia.
- Officer charged over ferry death
Sydney Ferries worker accused of causing death through impact in accident earlier this month.
- MMM remains in red
Malaysian tanker owner endures tough start to financial year, but has cut losses from 2005.
- Bonds to boost Philippines owners
Government will sell PHP 16bn of notes to raise cash for vessel-leasing plan.
- Ship sinks in Chinese port
All 19 Russian crew members rescued as Cambodia-flagged lumber-carrier goes under in Ningbo.
- Pan United wins repeat order
Singapore shipbuilder to build another big construction vessel for Handel Maritime.
- Revamp for VICT
Upgrade for Vietnamese box terminal will double capacity by 2008.
- Going up Third Avenue
New York fund manager sees a cheap buy in BW Gas.
- Euronav blows hot and cold
Record annual turnover tempered by low fourth-quarter profit due to unseasonably warm winter weather.
- Irika hit with fine
Greek bulker owner must pay total of $750,000 after attempting to conceal oil discharge in US last year.
- OSG sells DHT
US owner to pocket $15m profit from disposal of 15% in Double Hull Tankers.
- CMA CGM links SA, ME
New service from South Africa to Middle East to meet growing demand for refrigerated cargoes.
- Bear Stearns buys Diana chunk
Market sources say Bear Stearns has bought 5m shares of Simeon Palios-led Diana Shipping en bloc.
- MOL clinches fifth Baosteel bulker
Namura Shipbuilding to deliver VLOC in 2009 for 22-year charter to Chinese group.
- Great Eastern ditches veteran
Indian owner sells 1982-built MR tanker ahead of new deliveries this year.
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| JANUARY 24, 2007 |
- Consortium developing next generation short-sea vessel
- V. Ships parent looking for new investors
- MOL signs fifth bulker charter deal with Baoshan
- Ship operator fined in oily water discharge case
- Zim starts Asia/Med loop
- EWL upgrades service to weekly
- Strait Shipping adding Napier to New Zealand coastal service
- Cathay Pacific adding 11 European freighter flights
- UAL Corp. posts $61 million 4th quarter loss
- Cargolux adding 3rd weekly flight to Viracopos-Campinas in Brazil
- American, Delta warned to quit shipping horsemeat
- BNSF’s profit up 21% in 4th-quarter
- CSX boosts 4th quarter profit 46%
- UP, NS starting second Los Angeles/Atlanta intermodal service
- Momentum builds against earmarks
- Commerce, Interior propose changes to insular watch duty treatment
- DHS general counsel to depart
- Ozburn-Hessey brings in three faces for transportation group
- FMC receives 7 OTI license applications
- Stevedores seeking hiring flexibility in New York-New Jersey
- U.K. ports planning "too slow and expensive"
- Long Beach says no to LNG terminal
- PSA hands Muara Container Terminal back to the Brunei Government
- Vancouver’s box volume rises 25% in 2006
- Port of Houston’s TEUs flat in 2006
- On-dock rail traffic up at Port of New York-New Jersey
- Coast Guard signs pact with National Cargo Bureau
- Xu replaces Sun at COSCO Pacific
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| JANUARY 24, 2007 |
- New ship design to enable one-move loading/unloading
The concept CREATE3S envisages a short sea vessel consisting of two principal modules: a ship hull module and one or ...
- Höegh/Maersk in car carrier cooperation
Höegh Autoliners and Maersk Shipping Singapore will co-operate with their combined fleet of about 67 pure car/truck carriers ...
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| JANUARY 24, 2007 |
- Maersk shifts Pacific priorities
Shipowner to use less ships and boost capacity as fuel costs rise.
- DOE report shows product builds
Cold snap not enough to dent healthy oil inventory levels.
- Mediterranean bunker supplier takes delivery of two tankers
Expansion comes as Maltese market continues to grow.
- SPC profits down despite record turnover
Weak refining margins hits Singapore company's results.
- Bunker fuel still leaking from beached ship
UK heritage group 'extremely concerned' by the environmental damage.
- Rotterdam market stable
- Indian port shows competitive edge
Mundra prices now on Bunkerworld, comparing favourably to major ports.
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