 | web site |
| NOVEMBER 29, 2007 |
Shipping News
- Asian tanker rates enjoy longest rally since March
The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may rise for a 13th day, its longest winning streak since March, as owners' confidence strengthens.
- Bunker volume at Indian port to rise
Port of Mundra, India's major bunkering port, is expected to see a jump in bunker volume in 2008, said a senior executive at Adani Bunkering Services, which supplies bunkers at the port.
- Cambodia beefs up maritime security to fight terrorism
Cambodia has strengthened its maritime security to fight against terrorism, transnational crimes and improve its sea environment protection, said Prime Minister Hun Sen here yesterday. 'I used to be very concerned that my country can become a safe shelter for terrorists in maritime areas because we lacked the materials and techniques to safeguard the territory. Now, we have cooperation with our friends and partners to combat all those terrorists and cross-border criminals and improve our sea environment protection,' he told the Cambodia Maritime Security Seminar held in Phnom Penh city with the attendance of some 100 participants from Australia and Cambodia.
- Flag day
- STX Pan Ocean buys 3 vessels for US$257m
- New berth at Sydney's Port Botany to boost trade
|
 | web site |
| NOVEMBER 29, 2007 |
- CSCL A shares start trading in Shanghai December 12
- Hutchison opens Lazaro Cardenas terminal on Mexico's west coast
- Hapag-Lloyd opens representative office in Chongqing
- Fesco takes fifth China-built containership in six-vessel series
- Eco-warriors forge rules that make shipping more difficult, expensive
- China United Lines expands capacity on south China-Vietnam service
- Birkart Globistics opens staff training centre in Shanghai
- Containers moved from Asia-Chicago in 12 days via Prince Rupert
- Qantas to plead guilty to price-fixing and pay US$61 million fine
- DHL to put its North Asia Hub in Shanghai's Pudong
- New tech, hardier produce bring down perishable airfreight demand
|
 | web site |
| NOVEMBER 29, 2007 |
- Tolani Foundation, Mumbai varsity dept to offer courses in transportation, logistics
- India, EU draw up negative list prior to FTA talks
- India-Malaysia FTA talks to begin in Jan.
- Shortage of shipping space hits soyameal exports
- WTO seeks details of sops given to sugar exporters
- Customs Risk Management System introduced at Kandla, Mundra Ports
- CCEA clears dedicated freight corridor project
- Sical Distriparks celebrates 10th anniversary in grand style
- FM projects 9 pc GDP growth in 2007-08
- CCEA clears handloom development scheme
|
 | web site |
| NOVEMBER 28, 2007 |
- Brussels gets tough on criminalisation
- American club raises premiums by 20%
- EMSA completes its fleet
- Rina expands in China
|
 | web site |
| NOVEMBER 28, 2007 |
- P&I Club warns on CBP crew change crackdown
- $525,000 fine for 2004 pollution violation
- Strict security for Superferry return to Maui
- STX unit orders bulkers from China
|
 | web site |
| NOVEMBER 28, 2007 |
- NWMTA ports announce security fee, general rate increases
- Crowley making changes to management structure
- WTSA member carriers plan changes to wastepaper rates
- Vancouver, USA port board approves budget for 2008
- For-Hire trucking index falls 1.5 percent in September
|
 | web site |
| NOVEMBER 28, 2007 |
- China urged to end box lines antitrust immunity
SENIOR Washington official to press China to remove liner conferences antitrust exemption.
- European shippers draw up red lines
- El Paso takes stake in US Gulf terminal venture
GROUP buys 50% interest in Gulf LNG Clean Energy, almost five years after reducing involvement in LNG sector.
- Petraia Maritime fined over 'magic pipe' offences
US district court fines company more than $500,000 and orders two year probation period.
- Greek generosity reinforces global maritime links
GREEK Shipping Minister George Voulgarakis discusses his vision of Greece's maritime strategy.
- The price of adventure
EXPLORING icy waters may be all part of the attraction for cruise passengers, but at what price?
|
 | web site |
| NOVEMBER 28, 2007 |
- ABS rejects new Prestige claims
It has been alleged that Robert Somerville, the chairman of class society American Bureau of Shipping, admitted to a court in New York four years ago that ABS could have stopped the tanker Prestige from sailing
- American Club premiums rise by 20%
AMERICAN Club, the US-based P&I club, has decided to increase total annual premium for the 2008/09 underwriting year by 20%
- Slow speed savings justify new ship
CMA CGM's 5 500TEU newbuilding, the Monte Tamaro, will become the French container operator's ninth vessel on its service between Asia and Europe from next week
- Euro states face pollution penalty
THE European Commission has decided to send "reasoned opinions" to eight member states for failure to adopt the Ship-Source Pollution Directive
- Arpeni wins coal contract
In the race to transport coal, PT Arpeni has beaten seven other rivals to the finish line
- Disagreement over Ionia penalty
PROSECUTION and defence lawyers are at loggerheads over the extent of penalties to be levied on Ionia Management for oil spill-related convictions
- Congress rethinking 100% scanning
- Baltic on brink of eco collapse
- Tan squeezed out at Labroy
- Court snubs prosecutors in oil case
- US may look for compulsory VTS
- 'Sexy' sea seduces Brussels
- Jurong fights off creditors
- SembCorp Marine inks Saudi jv
- NYK gets China ore contract
|
 | web site |
| NOVEMBER 28, 2007 |
- NY-NJ port sues over Bayonne deal
Authority asks court to uphold deal it had with city to buy former military ocean terminal for development as auto facility.
- CBM appoints Power as new magazine chief
- Four more TWIC ports added
- Port security should include private stakeholders: Expert
- Guest Column: Big boxes bring big questions
- NYCT ending late gates
- Qantas to pay cargo fine
- Maersk renames Hudd unit
- Tideworks OK'd for Sea AMS
- Execs take new Crowley posts
- Hurst to APL Logistics VP
|
 | web site |
| NOVEMBER 28, 2007 |
- FMC holds 'closed-door' meeting to discuss LA 'Long Beach truck plan
- Hamburg Süd newbuilding chartered by CMA CGM
- Two P&I Clubs hike rates by 17.5%
- Container opportunities seen for Great Lakes/Seaway
- WTSA Lines plan fuel surcharge on wastepaper shipments to Asia
|
 | web site |
| NOVEMBER 28, 2007 |
- FOC pay up 8%
ITF benchmark matches IBF deal as developed-economy ratings fund gets new name and concept.
- Bankers in the lead
Fortis finance chief, Svein Engh, is out in front in TradeWinds' freight rate challenge as capesize index falls for fifth consecutive day.
- Mercator could raise $200m
Price of Indian owner's Singapore IPO to be in SGD 0.76 to SGD 0.94 range.
- Bulker sinks, 26 missing off Taiwan
Coast guard rescues one Indonesian crew member of Panama-flagged handysize lashed by typhoon off Taiwan.
- British Marine bucks trend
Few shipowners to face significant rate rises as former insurance club stays on course.
- Lopez eyes shipbuilding
Pilipino conglomerate lining up entry into the shipbuilding sector and is scouting for foreign partners.
- Cosco forecast: stormy with ray of hope
Clouds gather as line's director of research predicts turbulent times ahead for dry cargo owners with 2008 promising to be a particularly rough ride.
- Forth stronger in first six
Scottish tanker owner sees profit from charter grow despite revenue dip.
- SeaWind ends passenger service
Tallink subsidiary to focus on freight shipments between Finland and Sweden.
- Globus gets cash
George Karageorgiou's London-listed company secures $120m loan to cover recent ship purchases.
- Lucky three for STX
Korean owner STX Pan Ocean signs for a trio of capesizes in China at competitive price.
- Tanker re-floated in Dardanelles
Liberia-flagged aframax in ballast en route to Novorossiysk grounded in gale force nine winds off Turkey.
- Changjiang expecting big things
Chinese tanker owner says 2007 profit should double following strong results to end-October.
- Vietnam urges HVS to clean up
Hyundai-Vinashin yard must treat all waste copper slag before 2010.
- CSG agrees Damietta deal
Chinese state giant reportedly teaming up with CMA CGM to run Egpytian box terminal.
|
 | web site |
| NOVEMBER 28, 2007 |
- NYK signs long-term deal with Chinese steel producer
- ThyssenKrupp, Toepfer take stake in shipping company
- Shah named ABS head in Nigeria
- Seafreight Line promotes Ross
- DHL announces rate hike for 2008
- Libyan Arab Airlines picks Plane Handling for U.K. cargo needs
- Trucking tonnage drops in October
- CP Rail, Teamsters agree to continue talks, keep trains running
- Binational Great Lakes St. Lawrence Seaway study released
- U.S.-flag Great Lakes cargo flat in October
- WCO asks U.S. for dialogue on box scan implementation
- U.S. authorizes new livestock crossing near San Luis, Ariz.
- Samskip buys reefer company Icepak
- Eimskip makes North America management changes
- Pittsburgh retailer Dick's to buy California Chick's
- SEKO opens Ireland office
- Savannah River reopens to commercial traffic
- Battle over New Jersey terminal intensifies
- Work on 1.5 million-TEU Red Sea terminal to start in January
- North Carolina studies inland port
|
 | web site |
| NOVEMBER 28, 2007 |
- NOx tax killed off Color Line's Bergen route
Norway's unique NOx tax, which discriminates against Western Norway and Northern Norway to the advantage of Eastern and Southern Norway, was one of the main reasons why Color Line decided too close down the route from Bergen via Stavanger to ...
- Klaveness increases in Svithoid
Klaveness Invest increases its holdings in Svithoid Tankers from 19.7 to 24 per cent of the capital and from 16.1 to 20.2 per cent of the voting shares. Svithoid Tankers AB do business within shipping and operates ...
- DFDS Lisco deploys a third ro-ro on Karlshamn-Klaipeda
DFDS Lisco will strengthen it's service from Karlshamn to Klaipeda further and will from December 1, 2007, set a third ro-ro in service on the run. It will be the Tor Neringa, which will join the Lisco Patria and ...
|
 | web site |
| NOVEMBER 28, 2007 |
- Rotterdam fuel oil values fall
End of day trade driven lower with crude.
- Crude drops after modest US inventory draws
Weekly DOE report less bullish than expected.
- UK climate change bill under fire
UN report says failure to include aviation and shipping could cancel out half of UK's planned greenhouse gas reduction.
- Mixed signals for oil prices after big slump Tuesday
OPEC officials downplaying talk of production increase, US data expected to show inventory draws.
- Bunker players 'quietly frustrated'
Lack of correlation between price trends and fundamentals making it hard to control costs.
- EMSA boosts ship pollution response
Seven more contracted vessels will be equipped and ready as pollution response vessels by mid-2008.
- Forum to focus on bunkering safety
Current port state control not sufficient to enforce regulations on bunkering activities.
- Aegean unveils new bunker tankers
The 4,600 dwt double hull tankers will operate out of Singapore and the UAE.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
