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| APRIL 27, 2007 |
Shipping News
- Trans-Pac shipping lines expect record peak season
CONTAINER shipping lines operating on the trans-Pacific trade between Asia and North America are expecting a record peak season this year as they forecast a 10 per cent cargo growth for 2007 and even higher for 2008.
- Smoother rides from Tanah Merah terminal
THE operators of Tanah Merah Ferry Terminal yesterday showed off the facility's new $3 million upgrade, which includes updated technology to speed passengers on their way.
- China shipyards to double capacity
CHINA's two largest shipyard groups plan to double capacity by 2010, challenging South Korea as the world's top builder.
Admiralty Casebook
- Aussie call to highlight risks of high-pressure oxygen systems
CANBERRA's transport safety bureau has called on the Australian Maritime Safety Authority to review its marine orders or issue a marine notice to highlight the potential risks of high-pressure oxygen systems, in particular the dangers of inappropriate replacement hoses.
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| APRIL 27, 2007 |
- OOIL orders five containerships from Samsung
- TSA review shows ships bracing for record peak season
- HMM posts 68pc decline in profits for 2006
- APL charters five 7,000-TEU ships for transpacific trade
- Booming India trade hits export shipments from Sri Lanka
- DHL invests heavily in Vietnam; appoints head of DHL-VNPT Express
- Boeing upbeat about future as Q1 net profit surges 27pc
- Singapore Airlines pilots reject US$10,904 a month to fly A380
- NWA Cargo to raise fuel surcharge for international freight
- Hangzhou airport customs offers 24-hour clearance service
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| APRIL 27, 2007 |
- Bharati Shipyard’s bid to augment Mangalore shipbuilding capacity
- EU plans to impose shipping emissions cap this year
- 44.8 pc rise in export of oil products
- 3-day food industry expo in Kochi opens today
- Granite exports yield Rs 4,000 cr. in 2006-07
- GJEPC seeks one-year extension of GSP
- ABG KCT making marks within a month!
- Kulkarni opposes move to corporatise Major Ports
- FCT’s Waluj facility being dedicated to Aurangabad, Mumbai trade
- RBI’s hike of repo rates pushes up credit cost for export sector-Fieo chief
- Iron ore export duty under review
- Food parks under PPP route envisaged
- Mukesh Ambani recalls IMC’s glorious past, suggests future course
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| APRIL 26, 2007 |
- Hug chairman designate of Panalpina
- Hamburg Süd performance satisfactory in 2006
- Continental increases Madrid-New York services
- Interpool to be acquired
- TDG restructures logistics activities
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| APRIL 26, 2007 |
- Golar sells half its Korea Line stake
- LPG earnings fall hits Exmar
- Hamburg Süd’s "satisfactory" year
- Stolt Nielsen’s stronger year
- Finnlines sells older ropax ships
- "K" Line launches new Asian service
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| APRIL 26, 2007 |
- Tidewater: Record earnings--and an internal probe
- Bourbon Dolphin inquiry starts
- Fjellstrand books PSV order
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| APRIL 26, 2007 |
- Windmill parts moving through Port of Olympia terminals
- Evergreen affiliate carriers moving to one brand name
- Port of Vancouver, USA commissioner announces plans to run for fourth term
- Port of Seattle marks start of 2007 cruise season
- Transpacific Stabilization Agreement releases first quarter trade data
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| APRIL 26, 2007 |
- 'Spy in the sky' nabs five ships red-handed
TEN-DAY sweep of the Channel and North Sea catches five ships in the act of polluting.
- ‘Spy in the sky’ will help Emsa track down illegal oil spills
- FEFC plans South East Asia feeder port hike
LINES to start charging higher rates to cover costs of feedering and empty container repositioning.
- Bourbon Dolphin inqury points to 'wire error'
FIRST mate tells of 'misunderstanding' that led to relief wire being pulled in wrong direction.
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| APRIL 26, 2007 |
- Stolt sees continued volatility
STOLT-Nielsen reported sale-bolstered 1Q earnings today, but cited ongoing volatility in its parcel tanker division
- London should offer loss-of-hire
LONDON underwriters are being urged to enter a new market and write loss of hire insurance for ship owners
- SASMEX Awards: the winners
SAFETY at Sea International award winners were announced at the SASMEX dinner in Brighton this week
- Horizon squeezes out earnings hike
US container operator Horizon Lines managed to increase net income despite lower revenues and "less than ideal market conditions"
- Sterling seeks Swan Hellenic vessel
FORMER P&O chairman Lord Sterling has outlined his plans for Swan Hellenic, the up-market cruise product he acquired from Carnival Corp, but admitted he has no ship
- OMI follows rates down
- Tanker explosion kills four
- Two die in ship under repair
- Pan United winning higher-value work
- Evergreen: one for all
- Controversy over Elbe deepening
- MEPC head calls for a super-convention
- Constantza port boss ousted
- TSA forecasts 10% traffic growth
- Manager jailed for safety violation
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| APRIL 26, 2007 |
- Panama Canal toll hikes approved
The restructuring of waterway's pricing sets average vessel toll hikes of 10 percent a year over the next three years.
- AIG buys Amports
- Coast Guard declines vessel-tracking data from exchanges
- TSA says trans-Pacific ships close to full
- Talks on Canada-U.S. border program break down
- DOT: Imports now two-thirds of U.S. box trade
- Record Horizon Lines earnings
- U.S., Japan mull mutual recognition of cargo checks
- Corps issues permit for Charleston box terminal
- Danaos books record quarter
- "K" Line adds N. China-Straits loops with RCL
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| APRIL 26, 2007 |
- Volumes surge at Hamburg Sud
- US share of world container trade in decline
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| APRIL 26, 2007 |
- Why OMI sold
Management is still quiet, but one US analyst says OMI's final earnings report does the talking for them.
- Happy Herman
Golden Ocean boss very upbeat on bulker prospects and happy with his choice of ‘virgin’ yards.
- Contest countdown
Time is running out for our salty snappers as the May Day competition deadline looms.
- Say what?
No no, Fesco, says Finland's Containerships Group to notions of an acquisition by the Russian liner operator.
- Panama approves toll hikes
Cabinet council signs off on fee increases averaging 10% in each of next three years.
- Panamax promise
Peter Malpas tells Tradewinds conference that Asian coal will change dramatically when China becomes a net importer.
- Humongous hopes
First Ship Lease’s Philip Clausius sees prospects as bright despite a less than sparkling share performance.
- Class action
Tor Svensen and Alan Gavin tell TradeWinds conference that class is enjoying the booming market, but challenges lie ahead.
- Strong year at First Steamship
Taiwanese bulker operator pushes up 2006 profit as its revenues soar.
- Concordia still hurting
Legal wrangle over VLCC sale and delayed repairs continue to haunt Swedish owner in first quarter.
- Satisfaction from Hamburg Sud
German boxship line believes performance held up well in 2006, despite pressure on rates and costs.
- Wanted: tanker tonnage
Cosco chief Meng Qinglin tells TradeWinds conference of plans to almost double VLCC capacity to cope with increased energy consumption.
- Klaveness takes a dip
Norwegian bulker owner can’t match 2005’s banner year in tougher 2006.
- K Line adds China loops
Japanese boxship line teams with RCL to launch links with Singapore, Korea and Philippines.
- Out with the old
Recent Grimaldi acquisition Finnlines sells two ro-pax oldies to unidentified European buyer.
- Fesco finding its feet
Russian owner bolted on four new companies in 2006 and watched profit soar.
- Four dead in tanker blast
Vessel chartered by Indonesia’s Pertamina explodes in Sumatra after unloading cargo of diesel fuel.
- Stellar Star performance
Star Reefers blazes trail in first quarter despite rates hitting banana skin in late January.
- Transworld to feed Malaysia
Indian operation wants to link Tanjung Pelepas to Kolkata/Haldia with two ships.
- Kirby at new high
US tank barge giant propelled to another record quarterly profit by rising rates.
- Danaos on charter high
Huge profit for Greek owner in first quarter as boxship charter rates rise and it sells bulker fleet.
- Daewoo back in black
First-quarter cheer for Korean yard as it follows up profitable 2006 with reverse of recent record of decline.
- Very Low Gas Carriers
Belgian owner Exmar’s first quarter profit down on weak VLGC rates.
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| APRIL 26, 2007 |
- TSA: Ship utilization rates above 90 percent on transpacific
- Evergreen's four carriers to become Evergreen Line in May
- Rakkenes returns to lead Finnlines during search for new boss
- LASH ship sale for scrap boosts International Shipholding results
- Horizon Lines reports 1st quarter earnings boost
- NYK converting ships so they can "plug-in" at ports
- "K" Line, RCL team on intra-Asia loops
- Aircraft charge, separation program dent UPS earnings
- Volga-Dnepr Group's revenue soars
- Norfolk Southern's 1st quarter net profit down 7%
- C.H. Robinson's 1st-quarter profit up 26%
- Teamsters, citizen groups file suit over DOT cross-border program
- CAI International plans IPO
- India eyeing triple-stack trains for cars
- IAS names South America representative
- Record ag sales are boon to transportation industry, Johanns says
- Bush administration proposes hefty hike in export violation penalties
- Eaton awards Asia Pacific logistics lead contract to CEVA
- Rotterdam's TEUs, tonnage up in first quarter
- Montreal continues growth after record year
- Port of Tauranga pilots to strike
- Washington state port tackles illegal dumping problem
- DOT statistics underscore container-shipping patterns
- Russian port makes order for Kalmar equipment
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| APRIL 26, 2007 |
- Healthy Transatlantic intends to grow
The Swedish shipowning group Transatlantic’s strategy for the coming years is to grow organically, through acquisitions and partnerships, but without ...
- Nordö-vessels sold
Finnlines Group has sold its ro-pax vessels Malmö Link and Lübeck Link. Any details about the buyer are not ...
- Decline in piracy worldwide except Africa
2007 has so far seen a significant decreasing of reported piracy attacks worldwide. From 61 incidents reported during the first ...
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| APRIL 26, 2007 |
- Indian port wants bunkering to grow
Kandla Port Trust prepares Feasibility Study on new bunkering facilities.
- Rotterdam market firm
- VIP speakers bolster line-up for Bunkerworld Forum
Opening addresses from Christiforos Tzouvanakis, Chairman of the Vestalco Group and George Gratsos, President of the Hellenic Chamber of Shipping.
- Bulgarian supplier offering IFO
Petromar importing product to sell in Varna and Bourgas.
- Dispute still threatening bunker plans
Reports say Malaysian cabinet has been asked to intervene.
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