 | web site |
| JULY 25, 2007 |
Shipping News
- Two of world's major oil drilling firms to merge
Two of the world's top oil drilling companies, Transocean and GlobalSantaFe, said on Monday that they would merge to consolidate their position in a fast-growing market.
- Top S Korean shipyards post record profit, orders
Samsung Heavy Industries Co, the world's second-largest shipyard, reported record profit and Daewoo Shipbuilding & Marine Engineering Co, the third-biggest, set an all-time high for orders on booming demand for vessels.
- Guangzhou yard sees soaring H1 net
Chinese shipbuilder Guangzhou Shipyard International Co said yesterday that it expects a more than 450 per cent jump in its net profit in the first half compared with the same period last year.
Strait Talk
- You win some, you lose some
A COUPLE of weeks ago, global shipping experts met in London to tackle an extraordinarily wide range of complex technical subjects.
|
 | web site |
| JULY 24, 2007 |
- China United Lines to start south China-Vietnam service
- Pusan Newport attracts CSAV, setting it on track to becoming a hub port
- Shandong builds logistics centre for Taiwanese investors
- Danaos to charter five 2,200-TEU box ships from HMM
- US congressional Democrats push for container scanning bill
- Rail machinists find accord with national freight carriers
- Singapore Airlines takes top spot in return-on-investment rankings
- Sydney Airport sees first half earnings rise 11.6pc
- Kitty Air looks to escape financial impasse, faces possible sale
|
 | web site |
| JULY 25, 2007 |
- Orient Shipping Services launches improved, independent IPG service
- Randhir Pal takes charge as CEO of Freight Management India Pvt. Ltd
- Nautica Logistics completes a year of successful operations
- 4 qualify to bid for Alcock Ashdown control
- Cargo Partner Logistics makes grand entry into Gujarat
- Customs duty on edible oils reduced by up to 10 pc
- Russia resumes import of Indian rice
- MoS may rope in private sector to develop West Bengal’s deepsea port project
- Higher port tariffs may hinge on service efficiency indicators
- Customs Dept may soon instal cargo scanners at Kandla Port
- Rlys prefers global cos in equipment manufacture
- Decision on development of non-processing area in SEZs soon
- SMEs seek prudent export strategy to minimise transaction costs
|
 | web site |
| JULY 25, 2007 |
- Bremer Rhederverein elects new chairman
- India Equity Partners invest USD 18 million in Ocean Sparkle
- TCC wins South African support for Coyne
- New railway bridge over the River Rhine
- Kuehne + Nagel boosts sales and income in H1/2007
|
 | web site |
| JULY 24, 2007 |
- New Tangier boxport opens
- Euroseas raises dividend
- Diamonds go into service
- Excel buys supramaxes
- Globus snaps up newbuilding
|
 | web site |
| JULY 24, 2007 |
- Hornbeck swoops on Nabors Sea Mar OSV fleet
- $1.3 million penalties in pollution case
- Tidewater names new GM at Quality Shipyards
- Edda orders 600 bed accommodations vessel
|
 | web site |
| JULY 24, 2007 |
- US close to signing 100% box inspection clause
PROVISION to be included in the final draft of the 9/11 Commission implementation Bill.
- Impending US box inspection laws ‘could shut ports and disrupt trade’
- ABP lays off Ipswich employees
MOVE to make around 44 staff redundant comes after loss of business from Ferryways.
- Precious orders a dozen newbuilds at ABG
HANDYSIZE specialist makes first foray into newbuildings with $360m order at Indian yard.
- Baltic box ports raise their game
CONTAINER traffic in the Baltic Sea region will grow by 222% until 2015, says the Baltic Ports Organisation.
- The passing of paper
IF there is to be any progress in eNavigation, then electronic charts must be made mandatory.
|
 | web site |
| JULY 24, 2007 |
- US intermodalism lacks co-ordination
Intermodal development in the US has been stymied by a lack of funding and co-ordination, according to a Congressional watchdog agency
- Kassian Maritime guilty of dumping
KASSIAN Maritime Navigation Agency has agreed to pay $1.3M over oil dumping-related charges involving its Maltese-flagged bulker North Princess
- Second buyout for RMS Europe
UK-based venture capital companies YFM and Partnership Investment Finance have supported a buyout of port services group RMS Europe by its directors
- Samsung builds giga profits
SAMSUNG Heavy Industries has posted a sharp rise in quarterly profits, which is partly attributed to 'giga block technology'
- Scottish ferry fares to be investigated
AS part of a review of all Scotland’s ferry services, the recently installed government is reviewing what options it has to develop a strategy that extends Scotland’s horizons
- MarAd budget may top $200M
INDICATIONS are that the US Maritime Administration will have a slightly larger budget – $203.8M – to conduct its mission next year
- ABP blasted over Ipswich redundancies
- Hellenic unveils newbuild plans
- UECC's Wang steps up at Eukor
- Moscow lays out Estonia strategy
- DVB fund/Textainer acquire box lessor
- Precious orders 12 newbuildings
- ITF softens FOC stance
|
 | web site |
| JULY 24, 2007 |
- LA-Long Beach port union talks resume
Negotiations between office workers, shipping lines to consider 'final' offers.
- Federal court tosses truckers hours of service rules
- BNSF: Retailers not loading up on peak inventory
- ILA's Bowers steps aside
- UPS profits edge up
- ProLogis signs Europe lease
- SCI ship buy approved
- Japanese logistics giants begin cross-shareholding
- OOCL opens Pakistan unit
- Canadian Pacific Railway sees profits wane
- Mumbai boxes decline
|
 | web site |
| JULY 24, 2007 |
- OOCL Yokohama and OOCL Kobe join the family
- CN intermodal volumes seen rebounding
- Steinweg swoop on Rotterdam container scene
- High noon for ICG
- CPR reports strong Q2 freight results
|
 | web site |
| JULY 24, 2007 |
- Kassian to pay $1m fine
Greek Panamax operator and ship’s engineer plead guilty to US oil dumping crimes.
- Seacor loses out to Hornbeck
Todd Hornbeck's Hornbeck Offshore is paying $220 to grab an OSV fleet that rival Seacor was set to take on from Nabors.
- Black day for Eitzen
Soot pollution from chemical carrier leads to criminal prosecution in Australia.
- Euronav levitates
First-half earnings are up by $10m at Belgium’s Euronav after a quarter when rates for big tankers defied seasonal gravity.
- Foreign loans boost Varun
Profits leap after revenues rise and company re-appraises overseas debt.
- Pac Basin waves two goodbye
...but welcomes handysizes back on one-year charters as sale to Japanese owner nets $33m gain.
- Samsung turns it on
Korean yard sees high-priced vessel orders send second-quarter net profit sky high.
- Siem spot on
Norwegian offshore owner sees second-quarter net income treble on back of “healthy” PSV spot rates.
- Seadrill keeps buying
John Fredriksen’s offshore outfit continues to build stake in Malaysian drilling contractor SapuraCrest.
- ASL bags European orders
Singapore yard gets $68m orders for five units but declines to reveal identity or number of owners involved.
|
 | web site |
| JULY 24, 2007 |
- U.S. Navy awards $100 million materials contract for 10th T-AKE
- DNV opens maritime academy in Taipei
- International, trucking units lead 2nd quarter growth for UPS
- UAL's 2nd quarter profit up 130%
- Cargolux starts second Kinshasa service
- Swiss WorldCargo names Liguori cargo director for homeland
- WFS gives Morales senior role for North America
- CN lowers guidance as 2nd quarter profit slips 29%
- Teamsters organizing DHL drivers
- Tynes joins RailAmerica
- Bush forms committee to monitor import safety
- Penske inks deal with BMW
- Weber Distribution hires Smith as CFO
- Konezny new CEO at PeopleNet
- Gillfillan joins Moffatt & Nichol as senior transportation manager
- FMC wants OTIs to obtain bonds faster
- SoCal ILWU office workers present last offer, back to table today
- Bill to exempt N.Y. tugs from tax vetoed
- Longshoremen ask Army to investigate terminal redevelopment
|
 | web site |
| JULY 24, 2007 |
- Diesel spill clean-up 'could take weeks'
Response teams swinging into action after weekend grounding causes fuel tank rupture.
- Bunker suppliers face growing credit risks
'Only a matter of time' before bunker industry experiences 'unprecedented credit crunch'.
- Singapore fuel oil storage to revert to ExxonMobil
Sources say major could use tanks for its marine fuel business.
- St. Petersburg market undercutting competitors
Hike in Russian fuel oil export tax could widen differentials still further.
- Prompt supply still limited in Rotterdam
- Chimbusco gives bunker sales total
China's state-owned supplier says it sold 1.7 million metric tonnes of bonded bunker product in first six months.
- Oil falls on OPEC output hint
Analysts, however, do not expect oil prices to fall heavily.
- Malaysian firm to offer bunkering service in East Kalimantan
Operation could be up and running by the end of the month.
- Bumper year for Tokyo-based supplier
CEO of International Bunker Services K.K. expects crude oil prices to go into downward spiral in the next 12 months.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
