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21 April 2018 The on-line newspaper devoted to the world of transports 15:24 GMT+2

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The Business Timesweb site
JUNE 28, 2007
Shipping News
  • BDP eyes 50% of profits from Asia in 10 years from 20%
    BDP International, a leading US logistics and transportation company, expects that 50 per cent of its profits will come from Asia in 10 years' time, according to its president and CEO Richard Bolte Jr. Asia currently accounts for 20 per cent of the company's profits.
  • Asian Aframax shipping rates falls for first time in 6 days
    The cost of shipping 80,000 metric tons of oil on Asian routes dropped for the first time in six days as most bookings for early July have been concluded.
  • China Cosco shares surge for second day
    Shares of China Cosco Holdings Co, Asia's largest container shipping line, rose for a second day after almost doubling on their trading debut.
  • Freight rates for smaller vessels to sustain gains
  • Attempt to refloat grounded vessel delayed for 24 hours

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Sched Netweb site
JUNE 28, 2007
  • MOC fines 18 carriers for raising THCs in S China
  • ABN AMRO expects higher earnings for CSCL
  • Qingdao encounters worsening container shortage
  • UK-flagged CMA CGM Herodote to serve Europe-Guyana-North Brazil trade
  • India to join US global Container Security Initiative
  • Globe Express establishes presence in Manaus, Brazil
  • Asean to push for faster progress on 'open skies' policy
  • Volga-Dnepr group expands cargo fleet with more freighter purchases
  • Alpi Eagles launches thrice weekly Venice-Moscow service

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Exim Indiaweb site
JUNE 28, 2007
  • ETA Logistics establishes own office in Chennai
  • "K" Line bags Wal-Mart's 'Ocean Carrier of Year' 2006 award
  • STC floats tender to import 1m tonnes of wheat
  • India-Saudi Arabia trade crosses $ 9.87 bn
  • India, Thailand to sign FTA on goods by Sept.
  • Private traders seek subsidy for import of pulses
  • Baalu asks port trusts to ensure safety of ships entering /leaving Ports
  • Container train operators want terminal access charges cut, more 'free time'
  • ACAAI Kovai/Tirupur sub region to lift cargo business to new heights
  • CII to guide India Inc's global M&A thrust
  • BoA wants states to decide on SEZ proposals in 60 days
  • IfraExpo to be held in Chennai from Sept. 4-6

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International Transport Journalweb site
JUNE 28, 2007
  • Lufthansa Cargo transfers cargo flights to Leipzig
  • Longest maritime bridge in the world completed in China
  • Spain-Tir rejects DB takeover

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Maritime Global Netweb site
JUNE 27, 2007
  • LR hull certification for APL
  • MacAndrews launches new service
  • Five leave Eitzen Chemical's chartering team
  • Go-ahead for new Liverpool boxport

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Marine Logweb site
JUNE 27, 2007
  • Smit contracted to salvage Bourbon MPSV
  • USCG responds to Baltimore Sun story

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World Wide Shipperweb site
JUNE 27, 2007
  • Large Chittenden Locks closed for emergency repairs
  • Washington governor, Coast Guard sign new oil spill agreement
  • Port of Tacoma Gateway Magazine now ready for online viewing
  • Port Vancouver, USA Commissioners approve Alcoa property purchase
  • Horizon Lines closes deal for Hawaii Stevedores

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Lloyd's Listweb site
JUNE 27, 2007
  • Surplus could hit LNG fleet, warns expert
    ABOUT 15% of tonnage could be without long-term employment in 2010, says Mitsui OSK LNG division executive.
  • Tales of LNG growth are more than hot air
  • Erck Rickmers joins rush for giant boxships
    SHIPOWNER follows brother Bertram's footsteps by signing letter of intent for four 12,500 teu vessels with Hyundai Heavy.
  • French owners seek curbs over Erika 3 package
    OWNERS urge EC not to exceed terms of existing international conventions when implementing European maritime safety package.
  • Grimaldi thinks big to conquer the airlines
    ITALIAN group beefs up specification of new cruise ferries in fresh assault on the Mediterranean market.
  • Man the chains
    SHOULD we be worried that some 40% of the US shoreline has not been mapped by National Oceanic and Atmospheric Administration?

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Fairplayweb site
JUNE 27, 2007
  • Ballast water law buried in USCG Act
    Enforcement of strict new ballast water rules would be fast-tracked under language that was inserted in the Coast Guard Authorization Act that was introduced this week in Congress
  • Spanish owners attack government
    SPANISH owners launched a scathing attack against the socialist government today, accusing Madrid of failing to support shipping
  • DVB senior level reshuffle
    GERMAN shipping and transport bank DVB has pulled Shipping Asia head Martin Hessels from Singapore to Rotterdam to oversee the bank's credit and risk side
  • Petersburg seeks end to short-stay visas
    THE city government of St Petersburg (Russia) has proposed eliminating the visa requirement imposed on short-stay ferry passengers two years ago
  • Shipping in Hormuz too difficult to attack
    HOSTILE action by warring nations, or even terrorist attack, in the Strait of Hormuz poses little threat to individual oil tankers or the flow of global oil, analysts claim
  • Caribbean cocaine interception
    THE UK's largest warship has made its second major drug interception in the Caribbean in the space of six weeks, the Ministry of Defence said yesterday
  • Calypso Marine pleads guilty
  • K-Sea in major tug-barge acquisition
  • P&O adds to Channel freight capacity
  • MigrantWatch: Caribbean
  • Exxon, Conoco face Venezuela exit
  • Transpetro's Maua newbuilds agreed
  • Disability plan extends to terminals
  • Cruising faults disability plan
  • USCG, Washington sign spill MOU
  • Norddeutsche snaps up Karl Schlüter

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The Journal of Commerceweb site
JUNE 27, 2007
  • Coalition urges no deadlines for implementation of box scan-all program
    Trade and business groups urge conference committee to reject a House plan that sets deadlines for program to scan all containers.
  • New HMT exemption bill filed
  • Supply-chain insiders in $700M counterfeit ring
  • Manufacturers urge Congress to pass trade pacts
  • Maersk hikes fuel fee
  • FedEx Corp. refuses to bargain with union
  • Boxes congesting Nehru port
  • DHL launches NY-Europe express
  • Savi opens Colombia RFID
  • Meridian IQ changes name to YRC Logistics
  • India calls for increased ship safety measures

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Containerisation Internationalweb site
JUNE 27, 2007
  • Liverpool targets Asian trade following approval of new terminal
  • Containerships upgrades network and fleet
  • Maersk tidy-up logistics operation
  • Matson plans second China/US string
  • 'Dublin Declaration' addresses EU ports congestion

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TradeWindsweb site
JUNE 27, 2007
  • Restis bulks up
    Greek owner joins forces with US-listed Constellation Energy to create new capesize and panamax fleet.
  • Musical chartering desks
    Bosses and chartering talent are in migration at US branches of Stolt-Nielsen, Clipper Wonsild and Eitzen Chemical.
  • CSDC readies bonds
    Chinese owner to sell $262m worth of convertible notes to fund 42-ship bulker acquisition from parent.
  • K-Sea grows again
    Tim Casey has grown his US tank-barge company K-Sea with another phase of West Coast acquisitions.
  • A taxing, but strong year
    ACM directors defend annual result in which market fundamentals remained strong.
  • Greenland cruise ship grounds
    Crew of Denmark-flagged vessel remain onboard as all Danish passengers evacuated to mainland.
  • Home team eyes Navibulgar
    Domestic consortium favourite to win bidding war for Bulgarian national shipowner.
  • Vermoegen swallows Schluter
    German KG snaps up compatriot boxship owner, doubling its managed fleet.
  • Dohle wins Splosna battle
    German owner takes majority control of Slovenian bulker player with successful bid for state-owned shares.
  • My big fat Greek 'magic pipe' fine
    Owner of Greek-managed bulker fined $1m in US court after pleading guilty to pollution violations.
  • Soderberg founds new company
    Outgoing Maersk chief tight-lipped about purpose of J Soderberg Shipping.
  • Cosco Holdings shares soar
    Coscon parent's Shanghai debut sees stock almost double in price.
  • Dollar hurts ACM
    Weak US currency has "a considerable impact" on annual result of recently-listed London tanker broker.
  • UK wants Iran ship ban
    Oil exports face curb under British proposal for UN sanctions, potentially boosting demand for foreign-owned tankers.
  • MISC delays bonds
    Market volatility blamed for Malaysian owner postponing $750m issue.
  • Greatship back at Colombo
    Great Eastern subsidiary inks two more anchor-handlers at Sri Lankan yard.
  • Rates inch up at NOL
    State-controlled Singapore liner firm says effects of Transpacific contracting beginning to show.

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American Shipperweb site
JUNE 27, 2007
  • Report delivers mixed outlook for LPG carrier market
  • INTTRA opens Florida office
  • Containerships Group adding Norway, Denmark to network
  • A&B head sees no Hawaii downturn
  • YRC Worldwide to buy Chinese LTL firm Jiayu
  • Intercontainer-Interfrigo posts profit in 2006
  • New Zealand to certify exporters for C-TPAT
  • Crackdown on counterfeit imports in N.Y., Calif.
  • Grain groups ask DHS to revise chemical facility security rule
  • China rejects shipment of U.S. orange pulp and apricots
  • DuPont spends $58 million on 2 biofuels plants in U.K.
  • Meridian IQ changes name to YRC Logistics
  • DHL wins contract from CA
  • FMC reviews 11 OTI license applications
  • Colonet port bidding to start before December
  • Vancouver port purchases 107-acre parcel for rail yard
  • White returns to Port of Baltimore
  • Horizon Lines closes Hawaii Stevedores purchase

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The Scandinavian Shipping Gazetteweb site
JUNE 27, 2007
  • SeaDream to order third vessel
    Atle Brynestad, who founded Seabourn Cruise Line, is planning a new, bigger vessel to join SeaDream Yacht Club's two vessels ...
  • Service ship supports seafarers
    The Mission to Seafarers purpose-built ship for seafarers support, the Flying Angel, has gone into service in Fujairah, UAE ...
  • New ro-ro service between the Norwegian west coast and Esbjerg
    Norwegian Sea-Cargo will shortly start a new ro-ro-service between Tananger and Esbjerg. The service will start on ...

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The Bunker Bulletinweb site
JUNE 27, 2007
  • Flow meter 'can defeat cappuccino effect'
    Meter manufacturer claims its technology can measure bunker deliveries by mass, excluding air trapped in suspension.
  • US gasoline draw sends oil prices back up
    DOE figures show rise in crude oil but unexpected decline in gasoline inventories.
  • Source of San Diego spill still under investigation
    Fuel samples from more than 30 ships to be compared with oil that closed beaches in June.
  • Regulations stifle Russian Black Sea market
    Port Kavkaz area meeting the demand of just a fraction of the potential market.
  • Rotterdam market quiet
  • Sale of Freeport terminal 'looks certain' to go through
    No shortage of bidders for BORCO storage facility as market focuses on potential for growth.
  • New Indian terminal to start operating in July
    Mundra terminal will have 60,000 m' of storage for bunker material.
  • Oil spill threatens wildlife estuary
    Source of oil pollution in UK Estuary remains unknown, specialists say.
  • Oil drops ahead of US inventory report
    Prices fall by more than $1 a barrel in New York.

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