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| JANUARY 29, 2007 |
Shipping News
- Maersk Line's market share declines in 2006
DESPITE its industry-shaking takeover of Royal P&O Nedlloyd, the world's largest container shipping carrier, Maersk Line, saw its share of global container market shrink during 2006, reflecting the difficulty it faced in integrating the two substantial operations.
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| JANUARY 29, 2007 |
- Coscon and CMA CGM to launch joint west Asia-Med service
- Guangdong to upgrade highways, waterways in 2007
- Shenzhen to open customs stations at 3 new locations
- Washington governor announces Tacoma Container Ports Initiative
- Maersk to invest US$226 million to boost Indian port of Pipavav
- ICTSI buys new crane to boost quayside handling in Madagascar
- SITC Logistics unit named one of China's top 100 customs brokers
- Tax proposed on containers passing through Washington ports
- Cathay boosts airfreight with 11 extra weekly flights to Europe
- China Southern aims to set up cargo JV with foreign airline partners
- GECAS marked as mystery buyer of 39 Boeing aircraft
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| JANUARY 29, 2007 |
- GE Shipping keeps its flag flying high
- New horizon opens up for India Steamship Co.
- SCI makes waves with trade through effective services
- Yen for comprehensive trade pact
- Seafood exports swim to higher figure
- Import duty waived on maize to rein inflation
- Posco’s Jatadhari port may get final ‘green’ signal in March
- GPL may raise Rs 200 cr. by offloading 10 pc equity
- Transindia Freight Services acquires Voltas’ 1,000th forklift
- Rlys getting connected to all Gujarat ports
- Widened highways by 2012-Baalu
- GSEC’s Indore air cargo complex takes off
- Uniform guidelines for core sector PPP projects on anvil
- SEZ Act in for overhaul
- Industrial production growth rate at decade’s peak
- Foreign Trade Policy Analysis: Current Trends-By M. Sreedharan
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| JANUARY 26, 2007 |
- Niels Harnack joins China Shipping
- CMA CGM launches a new service between South America and Arabian Gulf
- Qantas improves service to USA
- Union Pacific and Norfolk Southern expand intermodal service
- Aramex expands and opens new Canadian facility
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| JANUARY 29, 2007 |
- EC calls for action on maritime safety
- MIS boss tells USCG: "use existing AIS"
- Half of MSC Napoli’s bunkers removed
- CKYH rejigs East Med routes
- "K" Line sets up Vietnamese company
- MOL upgrades CSW service
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| JANUARY 26, 2007 |
- Jail term in "magic pipe" case
- House panel schedules Deepwater hearing
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| JANUARY 26, 2007 |
- Port of Everett warns mariners to be aware of Snohomish Channel dredging
- Northland hires Horizon Services Group to provide equipment management system
- Coast Guard eyeing space for vessel identification systems
- Truckers crossing Washington border must now file electronic manifests
- Weekly freight traffic numbers continue to tumble for US railroads
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| JANUARY 29, 2007 |
- Class 'audit body' proposal baffles Euro MP's
MPs have not grasped the justification behind the proposed “assessment body” for classification societies.
- Propeller problem puts Provalys out of action
GAZ de France has lost the use of its newly built LNG carrier, Provalys, after a propeller drive shaft bearing problem.
- Ministers slammed for neglecting box ship pollution
GREEN group calls for convention to compensate for damage relating to carriage and clean up of cargoes from box ships.
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| JANUARY 26, 2007 |
- Volkswagen hit by Napoli loss
PORT ELIZABETH/LYME BAY 26 January – Volkswagen South Africa is to stop production at its plant near Port Elizabeth every Friday for at least the next four weeks after vehicle parts needed for four car models were lost on the stricken MSC Napoli
- MOL, 'K' Line revise services
MAJOR Japanese operators Mitsui OSK Lines and ‘K’ Line have upgraded liner services on three major routes
- Newbuildings lifts German H&M market
GERMANY'S hull & machinery underwriters increased the number of vessels on their books by 20% last year, driven by newbuilding investments by domestic owners
- Charleston welcomes new service
A new weekly shipping service between Charleston and Northern Europe began last night with the arrival at the South Carolina port of the Zim-operated Marseille Star
- Exmar raises funds, reveals weakness
EXMAR raises $65M as 4Q06 preliminary results show a sharp decrease in freight rate for Very Large Gas Carriers
- Crewing boost in Luneta Park
CREWING agents and ship managers in the Philippines have set up a seafarers’ centre in Manila’s Luneta Park, where hundreds of Filipino seafarers wait to be hired
- Washington state box tax hits opposition
- Foss Maritime acquires ACT
- Finnlines rejects Grimaldi offer
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| JANUARY 26, 2007 |
- DHL launches China domestic service
The air express unit of Germany's Deutsche Post World Net to develop airfreight and warehouse network serving 17 Chinese cities.
- STB rules against railroads in fuel surcharge case
- Suez boxes up 15%
- Airlines ease fuel surcharges
- "K" Line opens Vietnam branch
- 'Magic pipe' nets vessel operator $1M pollution fine
- India conference ocean lines set eastbound rate hikes
- Seaboard completes ship buy
- SCI fails in independence bid
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| JANUARY 26, 2007 |
- Stakeholders co-operate to reduce Deltaport box backlog
Various stakeholders, including competing railways, have beefed up their efforts to reduce a backlog of some 7,000 boxes at Deltaport caused by recent violent winds and storms.
- Port authority wins fourth case in Rottergate bank guarantee scandal
A local court refused a claim from Commerzbank which hoped to retrieve €20m (US$25.8m) that it lent to local enterprise RDM in 2004 giving rise to the bank guarantee scandal.
- Four nation carrier partnership will "kill off" ECSA/N. Europe rate recovery
- Napoli cargo discharge will start tomorrow
- Congested Durban prompts MOL's Asia-Africa-S.America service reshuffle
- Obfuscation still clouds the issue of Yangshan Phase III shareholdings
- COSCON, CMA CGM to launch Asia-West Mediterranean loop
- OOCL's Q4 revenue boosted by strong volume growth
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| JANUARY 26, 2007 |
- Sales keep ISC in black
International Shipholding is in the black for the year and quarter after the sale of Belden Shipholding and a Lash vessel.
- Thoresen offloads oldie
Thai bulker owner sells thirty-year-old general cargo vessel in bid to improve fleet age profile.
- Iron ore galore
China Shipping and NYK have long-term tie-ups with Baosteel and Shougang that may entail the building of VLOCs.
- Lightning strikes twice
Fires extinguished on two tankers in Novorossiisk after bolt hits during storm.
- Bulker blaze in Canada
Forty-year-old Algoma unit goes up in smoke during engine-replacing work in Great Lakes.
- Wuchang making more
Output and profit up for CSIC-controlled Chinese yard in 2006.
- CKYH unveils Med run
Coscon, K Line and Yang Ming to run seven 3,000-teu boxships from Asia to Israel and Greece.
- Deep Sea charters newbuilding
Fredriksen-backed owner wins deal from Acergy for Jaya-built anchor-handler.
- Russian mega-merger a goer
Final federal government agency set to give thumbs up shortly to Sovcomflot, Novoship tie-up.
- Opec failing to cut back
Good news for tanker owners – oil exporting cartel not delivering on promised output cuts.
- Tallink bows out
Estonian owner will not bid for ferry contract to Sweden's Gotland, citing "restrictive" tender terms.
- CMB misses spot
Sixteen percent slip in capesize spot rates contributes to drop in annual earnings at Bocimar parent.
- Japanese yards wooed
Subic Bay authorities want help from Asian neighbours as Philippines yard development gathers pace.
- Mixed bag for OOCL
Latest figures for Hong Kong line show more liftings don't necessarily mean more money.
- SCI misses out
Indian owner will not be granted "navratna" status, which would have meant more independence from the state.
- Too low
Finnlines board rejects Grimaldi takeover offer as profit rises for 2006.
- Sasebo storms to profit
Much stronger nine-month result for Japanese tanker builder, as it raises annual forecast by 75%.
- No cold comfort for Exmar
"Unseasonably warm weather" dents fourth-quarter VLGC earnings and annual result at Belgian gas-carrier owner.
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| JANUARY 26, 2007 |
- At Panama Canal, container lines come first
- International Shipholding earnings boosted by asset sales
- Maersk drops Halifax call
- Pacific-Gulf Marine fined $1.5 million for Maryland dumping
- CKYH Alliance to expand Asia/East Med presence
- COSCO, CMA CGM partner for new Asia/West Med service
- MOL starting Singapore/South Africa shuttle
- NYK to carry Shougang’s iron ore to China
- "Maersk Kwangyang" delivered
- "K" Line establishing joint venture Vietnam agency
- HMM updating reefer containers for transpacific
- American to lower fuel surcharge
- Union Pacific profit soars 64% in 4th quarter
- Norfolk Southern posts $385 million profit in 4th quarter
- Management Dynamics expands to Asia Pacific region
- Wallenius Wilhelmsen appoints Mexico manager
- Marseilles-Fos cargo up 3.6% in 2006
- Port of Busan to use Savi Network service
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| JANUARY 26, 2007 |
- No Gotland traffic for Tallink
AS Tallink Grupp will not participate in the tender for the ferry services between Gotland and mainland Sweden. The terms ...
- Trondheim investors want to buy Hurtigruten
Two leading Trondheim investors, Odd Reitan and Ole T. Bjørnevik, both involved with Det Nordenfjeldske Dampskipsselskap, want to buy Hurtigruten ...
- Costly oil jetty damage in Rotterdam
During the latest storm on the Continent, the container vessel CMA CGM broke free from its moorings and hit an ...
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| JANUARY 26, 2007 |
- Port emissions on Houston agenda
Conference bringing together experts and port regulators to cover environmental and other issues.
- Japanese prices stay sky-high
No sure end in sight to fuel oil shortages in Japan’s bunker market
- Rotterdam market firm
- Another global player moves into Shanghai
New office will focus on building relationships with Chinese owners.
- Lawyer says ship arrests on the rise
Bunkers arrested and released in Belgium, re-arrested in Dutch waters.
- Titan to move new double-hulls to Singapore
Ten new double-hulled bunker tankers to be deployed in Singapore and the East Asian region.
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