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| SEPTEMBER 28, 2007 |
Shipping News
- China cuts transport costs to ease rising food prices
China, the world's biggest grain consumer, will cut rail costs to ship cereals from its main north-east production region, seeking to ease rising food costs that have driven the inflation rate to a 10-year high.
- Managing risk part of logistics manager's role
THE role of the logistics professional is evolving from supply chain manager to risk manager, as global supply chains are increasingly exposed to risks such as terrorism, pandemics and natural disasters.
- North China Shipping plans US$700m IPO in HK
North China Shipping Holding Co Ltd aims to raise at least US$700 million in a Hong Kong IPO, hoping to ride record freight rates for the transport of raw materials, sources said yesterday.
Admiralty Casebook
- The price of late redeliveries
THE English Court of Appeal has upheld a decision to award damages of almost US$1.4 million to a vessel owner for loss of profits due to the late redelivery of its vessel by a time charterer.
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| SEPTEMBER 28, 2007 |
- Maersk to handle boxes through Chongqing's Cuntan Container Terminal
- US Customs to demand sensitive information under 10+2 plan
- Far East Russia's Nakhodka CT looks to 5 million TEU at year
- China, Europe sign tentative road transport co-operation deal
- Nansha port to accommodate 50,000-tonners with deeper channel
- Port of Dalian capacity to reach 20 million TEU by 2020
- CMA Rail pushes CMA CGM's rail freight operations forward
- More cargo, fewer ships cut container air pollution: LA study
- Customs relents, and boxes clogging Mombasa can be shifted off dock
- Oasis clinches two budget airlines industry awards
- Nanjing to develop 'air city" near Lukou Airport
- Qatar expands freighter fleet, cargo services
- Helsinki to hold air cargo conference October 30 -31
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| SEPTEMBER 28, 2007 |
- Curtains to rise on 2-day int'l seminar at Ahmedabad on shipbuilding opportunities in Gujarat tomorrow
- Capt. S. P. Rao spells out Association's stand on crucial maritime issues
- Greatship takes delivery of state-of-art PSV
- Rising rupee lands seafood exporters in hot water
- Freight rate advantage to make India top soyameal exporter
- Plan panel advises MoS to develop another big port in state
- Private containerised freight train operators urge Railways to lower haulage charges
- Rlys may cut freight tariffs in 2008-09 Budget
- Reliance, CONCOR form JV to provide end-to-end logistics solutions
- Capital funds outflow norms relaxed
- RIL strikes liquid gold in Krishna basin
- Nath's words sink exporters' hopes
- SEZ developers given a month to file land transfer deeds
- Planners for investing in infrastructure projects
- Service tax refund 'encouraging step', says Babu Ezhumavil
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| SEPTEMBER 27, 2007 |
- New president of the European Chemical Transport Association
- "Maersk Kendal" makes maiden call at Le Havre
- Aeroflot and Air France-KLM battling for Alitalia
- Air France-KLM eying up Alitalia
- CMA CGM launches CMA RAIL for rail freight worldwide
- Groupe Heppner opens new warehouse in Châtres
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| SEPTEMBER 27, 2007 |
- Mitropoulos stresses environmental challenges
- ClassNK passes 150m gt mark
- Australia's first Annex 1 compliant bunker barge
- Philadelphia port land row goes to court
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| SEPTEMBER 27, 2007 |
- Study recommends renewal of Indian shipyard subsidy
- Austal launches 50-knot ferry
- Crowley orders three 330,000 bbl ATB's
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| SEPTEMBER 27, 2007 |
- Corps plans closure of The Dalles Dam lock
- Electric boat nets contract for modifications to USS HAWAII
- NOAA vessel on display at Port of Bellingham
- Congressman to attend meeting addressing racism at CG Academy
- Steel imports drop sharply during month of August
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| SEPTEMBER 27, 2007 |
- Lines set for battle over rock bottom rates
FEFC lines willing to lose up to a quarter of cargo volumes as they square up to shippers over low eastbound rates.
- Box bonanza as rates soar on European demand
- Shipowners face higher costs of borrowing
LEADING ship financier warns of sharp rise in cost of borrowing money due to global credit crunch.
- Lloyd's rakes in record profits
PROFIT for first half of 2007 surges to £1.8bn, up 34% from the same period last year.
- Global shipping and green priorities come together
World Maritime Day is a chance to tell the world that the International Maritime Organisation is about the environment as well as shipping.
- The future's a water one
THE problem of ballast water as a transporter of alien species and pathogens won't go away.
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| SEPTEMBER 27, 2007 |
- Mitropoulos goes green for WMD
Shipping's environmental credentials and responsibilities formed the core of the IMO secretary-general's World Maritime Day address
- USEC feeder service on Horizon?
HORIZON Lines announced this week that it hopes to begin a shortsea service on the US East Coast next year
- Pirates? Just give us the word!
THE Royal Navy is ready for action to assist commercial vessels safely out of sealanes under pirate attack, the service told its merchant industry counterparts today
- Crowley ups Jones Act orders
THE Jones Act orderbook continues to swell, with new contracts confirmed for three mega-tank barges for Crowley at Pascagoula, Mississippi-based VT Halter Marine
- Maritime City law issued in Dubai
Mohammed bin Rashid al Maktoum, the Ruler of Dubai, has issued the Dubai Maritime City law, which sets up the DMC and its governing bodies
- ICG sale in turmoil as MBO rejected
IRISH Continental Group shareholders have rejected the €24 offer from the Aella management buyout group
- Fake documents "no cause for alarm"
- Philippines loses domestic officers
- SCI and Bharati vie for yard deals
- Arctic route could save millions
- Singapore, China ink research MOU
- Ships to get broadband access
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| SEPTEMBER 27, 2007 |
- Horizon Lines plans East Coast short-sea
The largest Jones Act liner operator intends to start two short-sea shipping services among ports on the East or Gulf Coasts in 2008.
- Shippers: LA clean-air plan violates Shipping Act
- Court to hear challenge on Philly port land swap plan
- Panama Canal bids 2nd dig
- Buyout of Irish line fails
- OTIs can apply online
- Nehru port to simplify container documentation
- NYK shuts Panama units
- Genco prices offering
- Kuehne & Nagel expands with two offices in Russia
- Crowley orders tug-barges
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| SEPTEMBER 27, 2007 |
- New Virginia container terminal gets state support
- FEFC issues more details on EB tariff
- CNC adds more services
- 'Celtic Tiger' back again?
- CN acquiring Chicago area railroad
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| SEPTEMBER 27, 2007 |
- ITF wins 8%
Rise in pay deal for flag-of-convenience crews said to reflect manpower shortage.
- Shortsea on the Horizon?
Company CEO says company may begin domestic coastal service by early 2008.
- PMSA pushes ports probe
Shipping and transportation groups ask the US Federal Maritime Commission to investigate and block Southern Californian ports' trucking plan.
- Philly port sued
A coalition of marine interests is suing the Philadelphia Regional Port Authority to block a land swap with a developer.
- Rensen returns to Russia
Dutch shipbuilder outsources three bulker hulls to the Zelenodolsky shipyard.
- Free Jupiter grounded
Vessel requires limited repairs after running aground on a reef off the coast of the Philippines.
- Two fly to safety
Crew members airlifted from German KG ship and taken to hospital.
- Oaktree ups sell-off
Oaktree Capital Management increases its sale of Genco shares, as the bulker owner announces a $67 pricing of its stock offer.
- Mermaid plots IPO
Thoresen Thai offshore shipping unit revs up Singapore listing plans.
- Hosco revives IPO plan
Chinese bulker and tanker owner could list shipping assets through Hong Kong subsidiary this year.
- Rem ups the beat
Norwegian Offshore company bags two supply ship newbuildings from Nordcapital for $73m.
- Argentine yard bags big order
Astillero Rio Santiago is celebrating three-ship tug deal with Whitesea of the UAE.
- Green efforts for green rewards
Lack of environmental action will stop the dollars flowing in, IMO chief warns.
- Crowley orders trio
US yard Halter Marine to build tank barges worth $254m for domestic shipowner.
- Philippines crew drain
Local operators ask for help as foreign demand leaves them short-handed.
- New yard for Bharati
Indian shipbuilder teaming with Apeejay Surendra group on Orissa project.
- RR targets Romania
Marine design group Rolls Royce wants to manufacture ship parts in Romania.
- Master to stand trial
Sydney Ferries captain accused of dangerous navigation causing death after accident in January.
- Gone with the wind
Crew sets sail having helped with Georgetown drugs bust.
- Oldies sale continues at GE
Indian owner GE Shipping continues to offload single-skinners with disposal of 1988-built aframax.
- Vogemann builds big
Hamburg-based shipowner has ordered 12 handysize units from India's ABG.
- RCL ties-up finance
Thai intra-Asian player signs $36m loan deal with Deutsche Bank to finance Chinese newbuildings.
- MIS moves into shipping
UAE shipyard and construction group buys into expanding supply ship owner GMS.
- Rates set for recovery
Pareto Securities is bullish on tanker rates for 2008 saying fleet capacity growth may be overstated.
- PSA sees continued growth
Dominant Singapore port operator sees a 13.7% year-on-year increase in container volumes.
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| SEPTEMBER 27, 2007 |
- Shipbuilding activity reaching fever pace in India
- Boardley leaves NYK for CMA CGM
- TT Club demands shore-side dangerous goods training
- Historic sloop to host shipping celebration in London
- U.S.-China negotiate new aviation routes
- British Airways splits long-haul order between Airbus, Boeing
- British Airways World Cargo raises fuel surcharge
- Air Canada joining GF-X portal
- CN to buy Chicago railroad for $300 million
- CBP not the main culprit for border delays, Ahern says
- U.K. logistics firm at center of mystery takeover approaches
- Peru trade agreement moving forward
- Del Monte names GT Nexus visibility, transportation software provider
- Schenker completes Spain-TIR purchase
- DHL expands scope of U.S. importers tool
- Kuehne + Nagel opens Russia offices
- UPS team to focus on health care
- Major industry groups ask FMC to investigate S. Calif. truck plan
- Russia planning major box terminal expansion
- Oakland port idled following fatal dockworker accident
- Waxman: White House trying to derail Calif. emissions standards
- Port of Felixstowe beats weekly rail handling record
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| SEPTEMBER 27, 2007 |
- Stena's third drillship secured long-term by Hess
The American oil company Hess Corp has chartered Stena Drilling's third drillship, the Stena DrillMAX III, that will be delivered ...
- Pride of Telemark docked at Cityvarvet
Kystlink passenger/car ferry Pride of Telemark is now drydocked at Cityvarvet in G'teborg to repair damage sustained when the ...
- New finance deal for RG Line
All of RG Lines old bank loans on approximately EUR 9 million are to be paid and transformed to new ...
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| SEPTEMBER 27, 2007 |
- Personnel changes at FNSA Fuel
- IMO celebrates shipping's green credentials
Secretary-General calls on governments to ratify IMO conventions to tackle ship pollution.
- Russian port sees volumes grow
Prices undercutting rivals by over $100 per metric tonne.
- Refiners set to boost fuel oil output
Survey shows South Korean exports could soar by 34%.
- Rotterdam market quiet this morning
- Singapore distillate stocks jump again
Residual fuel inventories fell in the week ended September 26.
- David Post leaves Kittiwake
- IMO conventions need 'urgent' ratification, ICS says
Bunker spill liability is one of the six key conventions highlighted as 'matter of urgent priority'.
- Shell takes delivery of Zemira
Melbourne-based Zemira is Australia's first Annex I compliant bunker tanker.
- Singapore bunker supplier gives up licence
The number of accredited suppliers has shrunk from 76 since the start of this year.
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