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02 December 2008 The on-line newspaper devoted to the world of transports 13:52 GMT+1




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The Business Timesweb site
MAY 25, 2007
Admiralty Casebook
  • Charterer wins appeal against order to pay deadfreight
    A VOYAGE charterer won an appeal in an English court last week against a ruling to pay 'deadfreight' for cargo it did not load into a tanker because the vessel could not have departed the loading port safely if all the cargo had been loaded.

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Sched Netweb site
MAY 25, 2007
  • MOL to revise India/Pakistan/UAE to Africa services
  • Fifth 11,000-TEU mega-ship to join Maersk Line's fleet
  • GAC links up with SkillSoft and Catalyst to form online global academy
  • Northport aims to be at forefront of Malaysia's halal distribution
  • Kenya Ports contracts off-dock CFSs to decongest Mombasa port
  • West coast North American ports plan to restrict port pollution
  • Dubai International Airport cited for cargo efficiency
  • EADS, Jupiter Aviation in talks to convert jets to freighters
  • Rising market demand drives growth for air freighters

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Exim Indiaweb site
MAY 25, 2007
  • m.v. KMTC Keelung makes maiden call at JNP as part of KMTC’s KMS service
  • Colombo Dockyard holds the edge
  • ABG signs MoU for acquisition of Vipul Shipyard
  • PSTS Logistics to test coastal shipping waters
  • Baltic Exchange keen to enter forward freight contracts biz in India
  • Navigational feat by Nord Scan Line in rough seas
  • Tatas scouting sites for car plant near Mundra port
  • L&T now considering building integrated port-cum-shipyard
  • NBHC, Bank of India sign MoU on warehouse receipt funding
  • Fieo felicitates Filipino trade team

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Marine Logweb site
MAY 24, 2007
  • Hanjin Philippines wins orders for 12,800 TEU box ships
  • Marad Advisory on Somali piracy
  • Suez LNG moves ahead on U.S. crew deal
  • India's ABG set to buy Vipul Shipyard
  • LNG carrier sold for scrap

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Lloyd's Listweb site
MAY 24, 2007
  • China in line to take shipowning title
    CONSULTANT predicts Chinese shipping companies could unseat Greek owners within 10 years.
  • Order boom lifts Greek owners’ bank borrowing beyond $46bn
  • Greece urged to speed up port privatisation
    HELLENIC Chamber of Shipping calls for urgent privatisation of container operations at country's top ports.
  • Erika master to seek damages from RINA
    CAPTAIN Karun Mathur springs surprise by announcing he intends to sue class society.
  • Breaking fresh ground in ‘New Arctic Ocean’
    AS Artic ice melts it is revealing a host of opportunities for many sectors of the shipping industry.
  • Where coal is still king
    SUBSTANTIAL investment is being channelled towards developing China's expanding coastal coal trade.

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Fairplayweb site
MAY 24, 2007
  • Carnival confirms jv delays
    MIAMI 24 May – Carnival Corp has conceded that its proposed joint ventures with Germany’s TUI and Spain’s Iberojet will not close in 1H07 as previously planned
  • Greens call for Lakes 'salty' ban
    Environmental groups have called for a stop-gap ban on ocean-going ships entering the Great Lakes until legislation addresses the invasive species issue
  • Slower growth for Schiffsbank
    HIGHER unscheduled repayments from cash-laden ship owners and the weaker US dollar checked Deutsche Schiffsbank’s growth last year
  • Tanker orderbook hits new high
    he global tanker newbuildings orderbook has reached its highest-ever level, according to one shipping analyst, although the risk of oversupply has also risen
  • Seoul stops food for North Korea
    SOUTH Korea has postponed the shipment of 400,000 tonnes of rice to the communist North, making it conditional upon Pyongyang’s dismantling of a nuclear reactor
  • SCI plans shipyard, dredger ventures
    SHIPPING Corp of India is looking to move into shipbuilding, and plans to join a consortium with a public sector builder and overseas yard in a west coast project
  • CCNI launches new GEX service
  • Senior Santos directors to be axed
  • Norway, Russia near border agreement
  • MUA signs LNG 'solidarity' agreement

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The Journal of Commerceweb site
MAY 24, 2007
  • Vancouver port containers moving despite Canadian Pacific rail strike
    Intermodal traffic at the Port of Vancouver is moving freely despite a strike by unionized track maintenance workers.
  • Truck e-filing mandated in two more states
  • CEVA wins EGL bidding
  • CCNI upgrades U.S.-LatAm
  • U.S.-China pact to boost airfreight competition
  • Bray leaving Virginia ports July 1
  • New coal carrier for "K" Line
  • APL plans India box trains
  • Loss for Air France-KLM cargo
  • TCI profit soars
  • Pierce: End in sight for discussion agreements

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Containerisation Internationalweb site
MAY 24, 2007
  • CMA CGM outlines strategy for CNC
  • Grand Alliance increases capacity on Asia / US East Coast service
  • CEVA Group buys EGL
  • Flexible box ships for Hapag-Lloyd
  • CIG Yangtze Ports invests in Wuhan

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TradeWindsweb site
MAY 24, 2007
  • Norway nods
    OMI acquisition by Teekay and Torm finds no trouble with Norwegian regulators.
  • Another two for Palmali
    Istanbul-based owner back at MNP's Krasnoye Sormovo for second and third tankers in series.
  • Belgian bulker play
    Bocimar confirms selling one vessel for about the same price it is paying for a second.
  • TUI converts
    Tourism-to-shipping group wins bond terms at the high end of expectations.
  • TBS cools
    The niche-market owner has been red hot, but it shares fell more than 6% today in New York.
  • L&T wants a port
    Indian group aiming to combine terminal with planned $454m domestic shipyard.
  • Charman loses appeal
    Millionaire underwriter loses legal battle over $95m divorce settlement.
  • Fincantieri short of cash?
    Unions claim Italian yard group facing shortfall of at least EUR 400m in working capital ahead of IPO.
  • Navios scores a perfect $10
    Equity offering prices close to historic high as bulk owner prepares to pick up $130m.
  • Unions in LNG pact
    American and Australian unions sign deal aimed at reviving Malibu LNG plan terminated by governor Arnie.
  • Nielsen jumps ship
    Long-term Aker group insider departs to join newly separate Aker Yards.
  • BW Gas breaks LNG mould
    Norwegian owner sends 34-year-old unit to Indian breakers in first LNG scrap deal in years.
  • PSTS pursues coastal shipping
    Indian logistics player looking for partner to launch own fleet.
  • TUI wheels out convertible
    German group banks on bond issue to provide cheaper finance as losses mount.
  • Aegean adds bunker tanker
    Greek owner buying double-hulled unit from Sirius of Sweden.
  • Seoul bound
    STX Pan Ocean has said it now intends to seek a dual listing on the Korea Stock Exchange.
  • Norden toasts record
    Danish tanker and bulker owner nets highest quarterly profit as dry-cargo rates soar.
  • ABG snaps up neighbour
    India's biggest private shipbuilder expanding with acquisition of Vipul Shipyard.
  • Colombo in pole
    Sri Lankan shipyard has lowest bid in SCI’s five-ship AHTS tender.
  • Hanjin builds biggest boxships
    German owner NSC spending $1.27bn on eight massive 12,800-teu vessels in the Philippines.
  • Golar grabs record profit
    But Oslo-listed owner’s weaker operating performance masked by sale of newbuilding.
  • Coal quotas get green light
    Demurrage bills set to fall by AUD1m a day after authorities approve Capacity Balancing System at Newcastle.
  • Mighty Servant 3 refloated
    Smit Salvage brings sunken Dockwise heavylift ship to the surface off Angolan coast.
  • Ezra spends again
    Singapore firm takes recent investments to over $100m with order for second pipe-laying barge.
  • Sugar coated
    Profits fall 85% at Ow Chio Kiat’s Singapore Shipping, but investors are set for a bumper payout.

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American Shipperweb site
MAY 24, 2007
  • Seaspan receives last of 4,250-TEU box ships for Hapag-Lloyd
  • "K" Line launches another post-Panamax Corona coal carrier
  • OceanSchedules.com: Se habla Espanol
  • U.S., China sign major pacts on aviation services, IPR enforcement
  • Avion Aircraft firms A330-200F orders, adds two to list
  • Great Lakes conservationists want moratorium on oceangoing ships
  • CEVA group wins bidding war for EGL
  • U.S.-Indonesia trade talks focus on textiles, logging issues
  • TUI launching convertible bond
  • Descartes profits down
  • China-Vietnam looking at low tariff trans-border zone
  • Italian retailer outsources food warehousing to Kuehne + Nagel
  • Savi scores Swedish military deal
  • CBP discovers worrisome beetle in Miami
  • New Jersey firm working with German retailer on RFID tags
  • Experts: L.A. organized crime aids terrorists, city is top target
  • India shipping ministry tells planning commission to butt out
  • U.K. report suggests trust ports lag private sector
  • New York seeks more TWIC enrollment centers
  • Former NYK executive named Long Beach marketing manager
  • Port Canaveral names Curry director of operations

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The Scandinavian Shipping Gazetteweb site
MAY 24, 2007
  • Two crewmembers died in cargo hold
    Yet another tragic and fatal accident has occurred where sailors has entered an unventilated cargo hold. The general cargo ship ...
  • EU proposal on compulsory owner financed ship disposal fund
    The EU Commission proposes in a green paper on safe and environmentally sound ship disposal that a ship disposal fund ...
  • Above normal Atlantic hurricane season predicted
    Experts at the US National Oceanic and Atmospheric Administration (NOAA) are projecting that the Atlantic hurricane season will be above ...

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The Bunker Bulletinweb site
MAY 24, 2007
  • Barge fuel spill in Great Lakes
    Coast guard responding to marine diesel oil spill following internal fuel transfer.
  • Russia faces fuel oil glut
    Refiners hope to export more product via St. Petersburg.
  • Bunker hedges save operator $5 million
    Norden reports highest ever quarterly interim profit.
  • Fruit importer hit by bunker price rises
    Fyffes forced to cut its 2007 earnings target.
  • Statoil manager to leave
    International bunkering manager prepares for June departure.
  • Fuel oil traders 'watching developments'
    Morgan Stanley 'close' to signing lease on floating storage unit in Asian fuel oil market.
  • Rotterdam market firms Thursday morning
  • Singapore: Residual fuel stocks fall
    Lower stocks attributed to smaller volume of arbitrage cargo arrivals.
  • Lanka IOC to supply bunkers this year
    Bunkering operations to start at Trincomalee before expanding to Colombo and Hambantota.
  • Aegean buys another double-hull vessel
    Aegean adding a 7,000 dwt bunker tanker to its fleet; Q1 bunker volumes up 41%.
  • Tightness persists in HK
  • Report urges OPEC to increase output
    Oil output must be raised to avoid crude prices surging to record levels, says energy research group.




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