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24 September 2020 The on-line newspaper devoted to the world of transports 12:57 GMT+2

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The Business Timesweb site
FEBRUARY 27, 2007
Shipping News
  • US warship heading for hijacked UN ship
    A US warship is approaching the area off the Horn of Africa where pirates anchored a hijacked United Nations chartered cargo ship.
  • Indonesia to probe ferry sinking
    INDONESIAN police are to investigate how a fire-damaged ferry capsized as officials and journalists inspected the charred hulk, officials said yesterday.
  • General Maritime's Q4 gain plunges 79%
    GENERAL Maritime Corp, the third-largest US oil-tanker owner, said fourth-quarter net income fell 79 per cent as a smaller fleet and lower shipping rates cut into revenue.
  • TNT's Q4 operating profit up 11.3% to 355m euros

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Sched Netweb site
FEBRUARY 27, 2007
  • Striking Canadian rail workers' union agrees to end dispute
  • Ningbo's trade with Africa increased 14.5pc in 2006
  • OOCL says HK transport will make steady progress in 2007
  • Indian shipowners call for sweeping tax reforms
  • CIS hauls 2.1 billion tons of cargo by rail in 2006
  • Toll eyes Asia as key to becoming fully integrated operation
  • Qantas clinches military tanker contract
  • DPWN meets 2006 forecasts, says organic growth way forward
  • FedEx appoints two vice presidents to handle sales growth in Asia Pacific

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Exim Indiaweb site
FEBRUARY 27, 2007
  • Banks fighting shy of novices in shipping field
  • Imposition of 20 pc TDS on freight & charter ops to shrink shipping cos' finances
  • WTSA to raise rates, fuel charges on Pacific route
  • DP World's US port sale clears snag
  • Evergreen changing name of US operations
  • Rotterdam rejects empty boxes as main terminal faces jam
  • China set to deliver 1st LNG ship in September
  • APL launching twice-weekly Philippine service
  • Wilh Wilhelmsen Q4 earnings soar
  • Suez to cut fees to lure Asia-to-US traffic
  • HPH to form JV to develop container terminal in Vietnam
  • K Line unit deploys winged trailers in Guangdong
  • Mundra Port & SEZ in expansion mode
  • D. Sugantharaj back as VCTPL COO
  • JNPT takes steps to attract more pilots
  • Sitting pretty with Rs 20k cr., Rly Minister scatters largesse all round
  • Tirupur exporters seek removal of education cess, countervailing duty on capital goods
  • Airlines may be allowed to directly import 10 pc of annual fuel needs
  • 51 pc rise in SEC Rly freight earnings
  • CMA CGM Logistics Park Dadri begins ex-im operations
  • Inflation rate falls to 6.63 pc
  • Ficci presses for duty credit benefit on exports to CIS
  • Ficci to meet Australian team on March 1

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Maritime Global Netweb site
FEBRUARY 26, 2007
  • US warship heads towards hijack ship
  • Indonesian ferry hulk sinks; four more dead
  • German minister slams Galileo firms
  • Dockendale ship detained

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Marine Logweb site
FEBRUARY 26, 2007
  • OSG to acquire Heidmar lightering business
  • U.K. detains Golden Ocean Group bulker
  • Bourbon Offshore in cooperation deal
  • Maersk Odense yard set for job cuts
  • Wartsila training for BW Gas personnel

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World Wide Shipperweb site
FEBRUARY 26, 2007
  • Nichols Brothers nets orders for pair of new harbor tugs
  • Air France adding SeaTac to Paris flights
  • Port of Olympia announces annual BoatSwap & Chowder Challenge
  • US, Mexico agree to new trucking pilot program
  • Dutch Harbor continues run as top seaport for landing fish

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Lloyd's Listweb site
FEBRUARY 27, 2007
  • Sovcomflot predicts bumper order bonanza
    RUSSIAN shipping giant expects to pump $1bn-worth of orders into domestic yards by 2011 as its short-term prognosis for tanker markets remains strong.
  • Golden Ocean bulker found in 'very poor' condition
    A BULK carrier bareboated to John Fredriksen's company has been detained in Liverpool after being judged "a classic case of serious neglect".
  • Job cuts threatened at Maersk shipyard
    THE loss-making yard, which has a question mark over its future, announces that reductions in the labour force are contemplated.

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Fairplayweb site
FEBRUARY 26, 2007
  • Elderly cruiser kills attacker
    LIMON, Costa Rica, 26 February ' Carnival Cruise Lines is temporarily skipping calls in Limon, Costa Rica after a violent armed robbery last week that has received national media attention
  • OSG takes Heidmar Lightering
    OVERSEAS Shipholding Group (OSG) will acquire Houston-based Heidmar Lightering from Morgan Stanley Capital Group subsidiary Heidmar Inc
  • Oceania bought by private equity
    PRIVATE equity firm Apollo Management has acquired a significant majority stake in Oceania Cruises
  • NCL competitors tighten squeeze
    NORWEGIAN Cruise Line (NCL) is pulling back on Hawaii capacity growth in the face of an onslaught of foreign-flag competition that has battered its pricing
  • Aker returns to Russian repair yard
    AKER-Kvaerner has bought back into a Russian repair yard for submarines in Arkhangelsk where it had been involved in starting a Russo-Norwegian venture in 1994
  • Charterers unaffected by Gazprom move
    GAZPROM'S decision to end independent export trading of crude oil and petroleum products produced by subsidiary Gazprom Neft will make little difference to charterers
  • NCL exploring Hawaii options
  • Norfolkline to review ADG charters
  • StealthGas warns on crewing
  • Air freighter launches ferry link
  • Adsteam sells Liverpool towage
  • Somali hijackings resume
  • Bono seeks bonus for Fincantieri
  • Alaska slams Washington state tax
  • Rail strikers urged back to work
  • Odense shipyard to axe 140 jobs

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The Journal of Commerceweb site
FEBRUARY 26, 2007
  • CN strikers return to work
    UTU members will vote next month on a tentative one-year pact reached over the weekend that ended the two-week strike.
  • Port of Seattle, BNSF in land deal
  • Ecuador mounts new challenge to EU banana rules
  • Moller to cut shipyard jobs
  • International spurs intermodal volume gain
  • Dubai among favorites in Hamburg bidding: Report
  • U.S. Lines adds Oakland call
  • UPS pushes back delivery dates of A380
  • RailAmerica replaces CEO
  • EU, U.S. launch last-ditch air talks
  • TNT profit up 11%

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Containerisation Internationalweb site
FEBRUARY 26, 2007
  • Government suspends bill after tentative CN labour deal struck
    Canada's federal government has suspended consideration of legislation filed last Friday ' which would have ordered striking Canadian National Railway employees back to work ' after a tentative union-management deal was struck late Saturday.
  • Bids for HHLA share opened today
  • Odense Shipyard announces cutbacks
  • JN Port threatens to defer fourth box-terminal, without rail corridor
  • USL adds second California call to ANZL service
  • UPDATED: Kaliningrad services expanded
  • Cochin Port inland movement affected by dredger collision with bridge
  • China's Centrans International to start two intra-Asia loops in March
  • ICTSI poised to run new terminal in Subic Bay
  • Clarification: Scope of Ministry assurance to discuss legal issues at shipper forum

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TradeWindsweb site
FEBRUARY 26, 2007
  • Spot gets spanked
    Conservative chartering has won Quintana and Eagle props while dry-bulk peer Excel gets a dissing.
  • Sovcomflot bets a billion
    Sovcomflot could spend $1bn building ships in Russia. Vladimir Putin's right-hand man likes the sound of that.
  • Private equity goes cruising
    New York private equity group Apollo Management is paying $850m for Frank Del Rio-led Oceania Cruises.
  • Brad Mulholland passes
    Long-time Matson Navigation chief Bradley Mulholland has succumbed to cancer.
  • OSG confirms Heidmar buy
    New York owner says agreed acquisition of Heidmar Lightering Services Inc creates "strong combination" with existing tanker fleets.
  • Star axes Sydney office
    Norwegian bulk carrier owner to close pioneering Australian subsidiary.
  • Food aid ship hijacked
    All four ships owned by Kenya's Motaku Shipping have now been seized within 18 months after Somali pirates struck again.
  • Jumping at Jinhui
    Financial performance at Oslo-listed bulker owner Jinhui Shipping is beating analyst predictions.
  • Aries Offshore in order debut
    New owner of Norwegian offshore player signs up for supply ship at Myklebust Verft.
  • STX gets Vietnam nod
    Korean shipbuilder wins state approval for $500m shipyard in central region.
  • Strike ended in Port Said
    Egyptian shipyard staff back to work after government officials promise to improve conditions.
  • Frontline battle for ECJ
    Key issue for the future of London shipping arbitrations to be resolved by European court.
  • StealthGas hit by costs
    US-listed LPG player sees fourth quarter profits dwindle as expenses soar, but annual result up.
  • Golden Ocean bulker rapped
    UK Coast Guard detains Golden Glory in very poor condition with heavy weather damage.
  • Maersk yard seeks job cuts
    Lack of new business prompts Odense Steel Shipyard to axe 140 salaried staff.
  • Arpeni brings in HMM
    Indonesian tanker owner to run two ships together with Korean partner to tap growing demand.
  • Attica buys more Minoan
    Greek ferry group reportedly builds stake in rival to 22% from 15%.
  • Jumping Jutha!
    Larger fleet, extra charter revenue and little bunker costs mean happy times at Thai multi-purpose player.
  • Indonesian death toll rises
    Up to 42 people confirmed dead in ferry blaze, while camameran dies as burnt-out vessel sinks with journalists on board.
  • Precious makes it ten
    Thai shipowner continues with clear out of elderly tonnage as Jamjuree Naree goes to new owners.
  • Smit buys into Liverpool
    Dutch salvor's buy of Adsteam operation should clear way for SvitzerWijsmuller takeover.

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American Shipperweb site
FEBRUARY 26, 2007
  • Somalian pirates hijack U.N. aid vessel
  • UPS sticks with A380 freighter for now
  • Jade adds freighter, destinations
  • Northern border ag fee delayed
  • CN, UTU reach strike truce
  • Winter storm slows rail traffic
  • Businesses urged to lobby for ITDS adoption
  • U.S. Commerce: India's reaction positive to "trusted customer" program
  • TNT's operating profit up 11%
  • Demand for logistics in China to grow 15 percent
  • LMS opens Southeast headquarters
  • New York takes action on DP World terminal sale, on-dock rail
  • Job cuts loom at Maersk shipyard
  • Judge denies petition for stay from Puerto Rico Port Agency
  • SMIT buying Adsteam's Liverpool towage operation
  • Hong Kong's throughput up 1.2% in January
  • Port of London Authority chief to chair U.K. ports group
  • DP World appoints IT specialist

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The Scandinavian Shipping Gazetteweb site
FEBRUARY 26, 2007
  • Odense yard prepare to reduce staff
    Odense Steel Shipyard announced today that there might be staff reductions in the future. Due to problem with securing new ...
  • Mismanaged Norwegian controlled bulker in detention
    A port state control inspection revealed over 30 deficiencies on the bulk carrier the Golden Glory. On February 22, the ...
  • Empty bulker took the ground in Øresund
    The Danish Police is now investigating the cause of the grounding of the Bahamian-flagged bulk carrier Coronis. The vessel ...

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The Bunker Bulletinweb site
FEBRUARY 26, 2007
  • Barge trouble in South Africa
    Cape Town's barge operations ceased and reduced capacity in Durban.
  • New kit from Kittiwake
    Upgraded portable lube oil test system can provide analysis of water in oil and TBN in minutes.
  • Chemoil chief predicts continued strong growth after record year
    Chemoil delivers 16.8% profit increase, Chandran 'not happy' with current share price.
  • Rotterdam market remains firm
  • Singapore confirms basic design consultant for oil caverns
    Next up, appointment of contractor for the detailed design and construction of the underground oil caverns.
  • Cluster of Chinese ports offering competitive prices
    Bunkerworld now shows prices from China's Shenzhen port region. Data shows they are competitive to Hong Kong.

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