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| MARCH 26, 2007 |
Shipping News
- Women execs liven up industry bash
COMMONLY perceived as stodgy and male-dominated, the shipping industry made heads turn last Thursday when young female executives showed up in force at the Singapore Shipping Association Young Executive Group's first anniversary bash.
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| MARCH 26, 2007 |
- Hutchison Port Holdings US$2.59 billion profit up 12pc
- MOL sets profit and capacity goals to 2012
- Chengdu to become logistics hub by 2010
- Antwerp promoted as north Europe's congestion-free port
- GAC Corporate Academy is launched in Dubai
- Deutsche Post up 3pc, earning US$5.2 billion in 2006
- Qantas blasts union criticism of outsourcing as `xenophobic'
- Korean Air Cargo adds capacity on Seoul-Tel Aviv route
- Lufthansa Cargo increases summer flights, capacity and frequency
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| MARCH 26, 2007 |
- Dry bulk shipping costs set to rise as China turns to Brazil for ore supplies
- Hanjin Shipping (India) set to commence operations
- Hind Freight AGS India explores new business opportunities at AGS regional meet in China
- HC stays curbs on import of betelnut
- MoS wants classification of ports to go
- RIL may become part owner of GCPTCL after divestment
- CBEC allows de-stuffing of LCL cargo meant for foreign ports
- Private container train operators seek basic infrastructure support from Railways
- Competition panel finds fault with Warehousing Regulation Bill
- Rlys to identify new streams of cargo to augment revenues
- Global rail freight operators decide to pool resources
- Operating ratio catapults Rlys into select Global Club
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| MARCH 26, 2007 |
- Höegh Autoliners appoints vice-president
- PSA invests in Panama
- Air Berlin dispenses with DBA name
- SBB successful with ETCS
- FedEx reports decline in Q3 operating income
- EU railway package: ten countries named in breach-of-contract suit
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| MARCH 23, 2007 |
- K Line vessels switching to cleaner fuel in Tacoma
- US rail freight traffic hits new high mark for year
- Crowley moves boarding bridges for use in Puerto Rican airport
- Port of Everett marina manager leaving post following 27-year stay
- Port of Tacoma names real estate development manager
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| MARCH 23, 2007 |
- Investigators scrutinise MSC Napoli boxes
MCA inspects contents of containers to look for evidence of undeclared hazardous cargo.
- MSC Napoli salvors switch to tackle submerged containers
- Canadian port security slammed
REPORT says ports rife with crime, lax security and open to exploits by terrorists.
- Rickmers aims to raise $381m from shipping trust
GROUP wants $381m from Singapore public offering, injecting 10 boxships into a shipping trust.
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| MARCH 23, 2007 |
- Workers fear German yard co-operation
BREMEN 23 March – News of a possible co-operation between Maersk’s Panamax shipyard Volkswerft and Peene-Werft, a subsidiary of Bremen-based Hegemann Group, has caused fear and confusion among the yards’ employees
- Biofuels 'will remain marginal'
GLOBAL biofuel production by non-OPEC countries will remain only marginal over the next five years, according to a senior oil analyst at the International Energy Authority
- Indian yards seek qualified staff
INDIAN shipyards, now boasting a huge orderbook valued at $3.7Bn, are facing an acute shortage in technical manpower
- Shoreside IMDG training needed
SHORESIDE training for handling dangerous goods is needed, reiterated Mike Compton, ex Ex-officio member of ICHCA International
- Singapore yard deaths soar
SINGAPORE'S booming shipbuilding and ship repair sector did not fare too well in terms of safety in 2006 with 10 deaths compared with three fatalities in 2005
- Canadian port security fails test
CANADA'S ports have received a failing grade from a federal Senate committee on national security and defence
- Drummond, Chiquita stand accused
- PRS secures Chipolbrok supervision
- California speaks out against noise
- Myanmar blocks India gas trade
- India to climb down on ore tax
- Michigan sued over ballast law
- PSA deal keeps Hutchison ahead
- Singapore funds maritime R&D
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| MARCH 23, 2007 |
- Maersk Line restructures trans-Pacific
Overhaul of trans-Pacific network, trans-Atlantic changes will concentrate greater cargo volumes on fewer shipping services.
- TWIC computer delay
- Customs proposes remote filing
- Port security bill adds $295M
- EGL buyout questioned
- Maersk ups U.S.-S. Africa rates
- Evergreen, Cosco split ESA
- Lufthansa adds U.S. freighters
- Diana charters Hanjin bulker
- Kerry, Wincanton join forces
- Lakes ships fight fish virus
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| MARCH 23, 2007 |
- Zeeland Seaports chairwoman resigns over infighting and anti-Rotterdam intrigues
The chairwoman of Zeeland Seaports, port authority for Flushing and Terneuzen, has resigned over conflict with ZSP management and staff about the development of deepsea container transhipment capacity at Flushing.
- Canadian Senators call for tighter security and US-style remote borders
With some 30% of Canadian container imports destined for the US, port security is an international commercial issue, yet security problems highlighted in 2003 remain, a Canadian Senate committee has warned.
- Study clears Melbourne dredging
- Berthing dispute prompts MOL to get new date for Hong Kong-Haiphong route
- Evergreen and Coscon create new direct north-south links in schedule shuffle
- Rickmers Group files prospectus for US$381m Singapore trust
- Auckland’s six-month profits fall 52% despite record throughput
- Own-vessel regulation paralyses over 90% Indonesian agents
- New terminal capacity for northern Europe
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| MARCH 23, 2007 |
- Slovakia Eurotrashed
Land-locked country referred to EU court by European Commission for allowing unrecognised class societies to inspect ships.
- OMI busts out
Stamford owner crashes through $26 -- then $27 -- before cooling as 'buzz' surrounding auction process appears to be achieving desired effect.
- MC’s profits inch up
Costs dent US-listed LPG player’s full year financial performance, but revenue rises on bigger fleet.
- Euronav raises dividend
Belgian tanker owner rewards shareholders after record revenues.
- Doyle pushes ICG bid
Family-owned shipping outfit Doyle Group ups stake in Irish Continental to 2.9% with EUR 20 per share purchase.
- Blystad bails from Eitzen
Norwegian owner Arne Blystad sells shares in Eitzen Chemical but for lower that August value.
- Palmali back at MNP
Turkisk owner orders another tanker at Russian shipbuilding group's Krasnoye Sormovo yard.
- Beng Kuang wants new yard
Singapore shipbuilder to construct or buy shipyard in Indonesia to expand conversion business.
- SLKB pockets European cash
Slovakian shipbuilder gets helping hand from Europe to modernise facilities.
- CCL adds one to Cuba
Italian boxship line brings in fifth ship to increase frequency between Canada and Mexico, Caribbean.
- S African ports tackle backlog
Delays of up to 40 hours at Durban after two-day closure during storms.
- Stralsund not for sale
Maersk's German yard is working closely with Peene Werft, but further ties are unlikely, boss says.
- Hanjin takes Danae
South Korean shipowner fixes panamax for two years from Simeon Palios’ dry bulk operation.
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| MARCH 23, 2007 |
- CMA CGM exec: Ocean and rail transport must cooperate, not compete
- Evergreen, COSCO split South African, South American services
- MOL names iron ore carrier
- Graham named global CEO for aviation at DHL Express
- Sens. Murray, Feinstein look to halt DOT border program
- U.S.-flag Great Lakes carriers help prevent spread of deadly fish virus
- Iraq supplemental covers DHS funding
- Made4net supplies software to Lithuanian publisher
- COSCO Pacific profit rises 10.7 percent
- Asset tracking system installed at a Long Beach marine terminal
- Panama's president receives AAPA award
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| MARCH 23, 2007 |
- No explosion on Estonia
The Estonian government’s expert commission handed over a first report on 22 March, containing an analysis of the answers from ...
- NOx tax of NOK 100,000 per day
Port of Bergen has officially asked the the authorities to postpone the new NOx tax for cruise ships sailing between ...
- Peter Wessel arrived safely in Frederikshavn
The Color Line ferry Peter Wessel finally came into port in Frederikshavn at 11:00 a.m. Friday morning after an ...
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| MARCH 23, 2007 |
- Iran's muscle flexing pushes crude to record high
Bunker prices firming as markets unsettled over Gulf incident and rising oil prices.
- South African ports reopen after storms
Bunker suppliers struggle to meet demand backlog
- Strike still hitting bunker operations
French bunker hub close to a standstill as oil traffic is halted.
- Call for SECAs in Mediterranean, North Atlantic and Pacific Rim
Marine fuel standards should be no different to other sectors, says new report on ship generated pollution.
- Rotterdam market continues to firm
- Taiwan prices firm on regional shortage
CPC posted prices move higher ahead of expected demand spike as shortages in other regional markets begin to bite.
- BP to transport US bunker fuel
US military charters BP tanker to transport bunker fuel from Singapore to Guam.
- New report urges curb on HK shipping emissions
A study has urged the Hong Kong government to work with shipping companies to reduce emissions.
- Singapore bunker premiums jump
Tight prompt avails pushed bunker premiums over $10 pmt.
- Cockett supplies at Bandar Abbas
Bunkerworld now shows indications for 380 cst product at the Iranian port of Bandar Abbas.
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