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| NOVEMBER 28, 2007 |
Shipping News
- Ship shortage hurts soya export
India has agreed to new season soya meal exports of nearly two million tonnes, mainly to Asia, but has managed to send out only a third due to shipping shortages that have pushed up freight rates, traders said.
- Cruise ships threaten Antarctic's environment
A cruise ship takes on water in the Antarctic and three more go quickly to the rescue - a blessing for the survivors, to be sure. But it is also an indication of a regional tourism boom that critics say threatens Antarctica's delicate environment and puts passengers at grave risk.
- US$9m fine urged for dumping oil
A Greek shipping company should be fined at least US$9 million and banned from the US for five years for dumping waste oil and trying to cover up its misconduct, federal prosecutors said.
- W Australia plans single port authority
- Keppel Corp holds first of annual series of safety conventions
Strait Talk
- Classification societies going green
BY coincidence the French classification society Bureau Veritas (BV) and its German counterpart Germanischer Lloyd (GL) habitually hold their main press events in London a few days apart in November. And this year was no exception and the gatherings were held at the same venue, Trinity House on Tower Hill, the historic headquarters of the organisation that runs Britain's lighthouses and aids to navigation.
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| NOVEMBER 28, 2007 |
- China, France agree to build Xiamen's Haicang port with CMA CGM
- Hong Kong Government leads shipping mission to Shanghai, Ningbo
- Shanghai volume tops all China, but Ningbo-Zhoushan nips at its heels
- Mumbai's Nhava Sheva terminal accused of overcharging users
- YK officers, crew awarded Medal of Honour for rescuing balloonists
- arseilles sets up gantry simulator training
- Hactl wins contract handling daily flights from Wuhan
- Emirates SkyCargo wins double honours at MELA 2007
- DHL claims to set new environmental, security standards at Brisbane Airport
- Forward Air Corporation to acquire Black Hawk Freight Services
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| NOVEMBER 28, 2007 |
- ATC completes 50 years of service
- ESC seeks changes in EC's Guidelines on use of competition rules to liner shipping
- Nafed floats tender for importing 14,000 t pulses
- Malaysia seeks duty cuts on palm oil imports
- CONCOR commences BCN rakes operation at ICD-Mulund East
- First container train of ETA Freightstar flagged off from ICD-Loni
- Rupee rise-bane of exporters, blessing for billionaires
- India Inc wants FBT abolished
- Training programme on foreign trade policy at Tuticorin
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| NOVEMBER 28, 2007 |
- Friedrich Macher to leave Kuehne + Nagel
- HHLA: Burchardkai heading towards semi-automation
- BAWC expands perishables centre
- Russian Railways eyeing foreign assets
- Italian haulage companies to go on strike for five days
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| NOVEMBER 27, 2007 |
- Polemis calls for continued communication on EU plans
- North of England premiums rise 17.5%
- Mitropoulos praises successful Antarctic rescue
- US plans tightening of cruise ship cabotage
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| NOVEMBER 27, 2007 |
- Washington State ponders Steel Electric ferry options
- Aker American places $1.3 billion order with Aker Philly
- McClean family to sell Trailer Bridge stock
- SembCorp Marine in Saudi shipyard venture
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| NOVEMBER 27, 2007 |
- Intercargo urges review of loading rates
FAILURE by terminals and drybulk shipowners to work together on loading rates could lead to structural failures and casualties.
- GL inks contracts for 26 newbuildings
GERMAN classification society signs bumper Chinese yard deals.
- Brussels to make fresh plea to join the IMO
JACQUES Barrot will make a new request for EU membership to ministers from across the continent this week.
- Barges back to the fore
RECESSION in the US next year looks more likely than not, the commentators say.
- Beyond the call of duty
The IMO Award for Exceptional Bravery at Sea hopes to raise the profile for seafarers and shipping.
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| NOVEMBER 27, 2007 |
- Explorer owner denies defects
GAP Shipping, owner and manager of the cruise ship Explorer, asserts that the ship had no deficiencies when it sank in Antarctica last Friday
- Clerici, Chiquita in fruit dispute
FRUIT trader Chiquita has fallen out with Italian port operator Clerici Logistics Group after one of its ships used a competing terminal
- St Lawrence study offers no answers
THE future of St Lawrence Seaway continues to be unclear despite the completion of a long-awaited viability study
- Cochin Shipyard thinks small
- Top seeks dry cash
- Pricing 'soon' for Maritime City
- Monsoon ban on older charter ships
- Squabble over USCG's 400 questions
- Action urged on bunker safety
- Clarkson tanker grounds near strait
- Da Nang gets defensive on charges
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- CMA CGM adds ship, cuts speed of Asia-Europe loop to save on bunker fuel
French carrier will add ninth vessel to FAL3 service between Asia and Europe as a way to reduce the speed of rotation.
- Financial, political lures need to boost Seaway short-sea
- New HQ for IICL
- Forward Air buys Black Hawk
- SAIC wins Melford contract
- Steel imports up 13%
- Chennai terminal wants to speed import pick-ups
- MOL adds coal carrier
- DP World awards Cochin contract
- Hamburg Süd names training ship
- PNW ports hike security fee
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| NOVEMBER 27, 2007 |
- EC comes clean on the environment
- Phase One completion of Hutchison's Mexican terminal
- Canadian Pacific Railway and union extend truce
- Genoa terminal goes to Cosco consortium
- CMA CGM add vessel on 'slow boat to China' FAL3 service
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| NOVEMBER 27, 2007 |
- Prosecutors want $9m
Ionia Management should pay $9m and be banned from entering US ports for five years, prosecutors say in illegal discharge case.
- Greek boxship grounds
The MSC Korea is re-floated and moved after losing power and running aground near Savannah, Georgia.
- SembCorp sues BNP
Singapore builder asks a court to order French bank not to demand $50.7m for foreign exchange losses.
- Top takes a dive
Evangelos Pistiolis-led company sees stock hit worst level since 2004 IPO following news of its 21m share sale.
- Nichols offers ferries
Shortly after filing for bankruptcy, Nichols Bros Boat Builders says it can replace Washington state's withdrawn ferries.
- Jinhui upgrades handy order
Big-spending shipowner moves to boost capacity by increasing the size of three units under construction at Oshima Shipbuilding.
- Sailing the shortsea seaway
A joint US-Canadian study touts the Great Lakes-St Lawrence Seaway system as a shortsea transportation alternative, but not without infrastructure upgrades.
- Ferry auction cancelled
Washington State Ferries takes ship off eBay to fill gap left by safety inspections on 80-year-old vessels.
- Navibulgar bidder passes test
Martrade-led consortium will be allowed to carry out due diligence on national Bulgarian owner after bid proves acceptable.
- Donbas eyes Warsaw listing
Gdansk Shipyard suitor to seek public funds with 2008 IPO potentially worth $280m.
- PIL sells to PIL
Boxship owner completes sale-and-leaseback of two newbuildings under construction at China's Dalian Shipbuilding Industry.
- SembCorp in Saudi yard deal
Singapore builder sets up joint venture with Saudi outfit to build, own and operate a facility on Al Jazeera Island.
- Evergreen back down under
Taiwanese boxship line reinstates run linking South-east Asia to Australian ports.
- Braila burned again
Aker Yards' listed Romanian shipbuilder sees losses widen in first nine months.
- North confirms 17.5%
Fast expanding P&I club tells members it will separately identify pool cost as it sets hefty general increase.
- Eidsiva loses direction
Repairs to ship after loss of rudder in typhoon off Japan steer Norwegian car-carrier owner to smaller profit in third quarter.
- Gotland bags ferry deal
Swedish owner to continue with state-subsidised routes to mainland for another five years.
- Future rosy for VLCCs
Analyst Dahlman Rose says now is the time to buy Frontline, OSG and Nordic American shares.
- Zhao: No need for panic
Sinotrans chief issues call for calm following initial stock slump which analysts say is due to investors not knowing a boxship from a bulker.
- Lunch trauma in Rauma
Aker Yards workers walk out in Finland after being asked to take a longer midday break.
- Svithoid prepares stock issue
Swedish tanker owner needs cash for more ships ahead of contract renewals.
- STX wins capes order
Mystery European owner signs for four units at South Korea's STX Shipbuilding in $430m deal.
- Keeping up with the Joneses
Aker America Shipping and Aker Philadelphia Shipyard team up again in 13 ship product tanker deal.
- No fun for Fred Olsen
Norwegian owner sells out of the TusenFryd amusement park for tidy profit.
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| NOVEMBER 27, 2007 |
- WTSA lines will charge wastepaper exporters fuel surcharge
- Conbulkers "deserted" container trades
- Thai carrier lining up nearly $500 million in new vessels
- JCR upgrades MOL rating
- Philadelphia shipyard to split into two companies
- CMA CGM adding ninth vessel to Asia/Europe loop to slow ships
- Hamburg Süd names latest 5,552-TEU ship
- VanBrakle to retire from FMC
- Air India posts losses, blames fuel costs
- Florida may privatize Alligator Alley, Tampa Skyway Bridge
- Schwab visits Cambodia, says progress is being made
- Dallas logistics park begins construction
- Suzuki renews U.K. distribution contract with CEVA
- Danfoss selects Cougar for upgraded Singapore DC
- Kroger signs $207 million deal for Los Angeles DC
- Savi Tech deploys solar-powered RFID readers
- Global Institute of Logistics names Palem, Longbotham board advisors
- FMC to deliberate on SoCal port trucking plan
- Marseilles-Fos' box volume up 3.7% after 10 months
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| NOVEMBER 27, 2007 |
- New Barents Sea transhipment of Russian oil
A Norwegian company plans to store Russian and Norwegian oil in huge mountain deposits on the S'r'ya island for transhipments. NordOil Caverns plans to bring in oil from the Norwegian Goliat field ' located near the Sn'hvit gas field ' to a ...
- Trico buys Norway's Active Subsea
Houston-based offshore vessels owner Trico Marine Services has bought Norway's Ålesund-based Active Subsea for USD 247 million. The company has newbuilding contracts for eight multipurpose service vessels (MPSVs) building at Tebma Shipyards in India for 2008/2009 delivery ...
- New container line ups capacity
Tschudi Line operated container line from Drammen, via Moss and Larvik to Immingham and Rotterdam has already found it necessary to upgrade its tonnage from the 274 TEU Elegance to the 417 TEU Lilly Mitchell from this week. The main ...
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| NOVEMBER 27, 2007 |
- Mystery fuel oil spill investigated
Coast Guard comparing samples to vessels as clean-up completed.
- MISC still to bear brunt of price gains
Malaysian shipper set to be 'fully exposed' to spot bunker prices from January as hedges expire.
- China still 'reluctant' to open bunker market
Observers caution that Chinese Government is unlikely to treat marine fuel market as a priority.
- WTSA to raise fuel surcharges
Bunker surcharges to be added to previously all-inclusive rates: December bunker surcharges up 13%.
- Mundra ambition to match Singapore prices
India-based bunker supplier aims to double bunkering volumes in 2008 and further lower duty-free bunker prices.
- Terminal operator sees Fujairah as 'oil hub'
More details of plans to grow Vopak Horizon Fujairah terminal.
- Rotterdam market stable at midday
- Singapore: December fuel oil supplies 'balanced'
Heavy supply inflows from Eastern sources will offset below average volumes of Western arbitrage cargoes.
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