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| AUGUST 30, 2007 |
Shipping News
- Singamas sees H2 margins holding steady
The world's No 2 shipping container maker, Singamas Container Holdings Ltd, expects galloping world trade to boost its output to a record in 2007 and aims to keep gross profit margins on an even keel.
- Bulk carrier rates surge to record high
Bulk carrier hiring rates have risen to a record on expectations that shipments of iron ore and steam coal are set to rise.
- Ships stuck outside ports due to strike
Thirty container ships were stuck outside the Belgian ports of Antwerp and Ghent on Tuesday morning as pilots continued a partial strike, the port of Antwerp's chief pilot said.
- Precious Shipping postpones bond sale
- Mayhill to build transit terminal at Sabang port
- KL to host world shippers' forum
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| AUGUST 30, 2007 |
- Cosco Holdings' HI earnings dip 8.4pc
- 3 Asian carriers to drop LA call and change to Long Beach
- 'K' Line bonds upgraded by S&P
- Jinzhou January-July box volume surges 51pc
- Ningbo export trade value rises 150pc over first 7 months
- Minsheng launches Chongqing-Shanghai feeder service
- TNT opens direct road link between Singapore and Penang
- MAS seeks record profits this year
- Qantas to introduces larger aircraft on international, domestic flights
- Boeing: Russia, CIS require 1,060 new aircraft over next 20 years
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| AUGUST 30, 2007 |
- Int'l conference on regional co-op in maritime trade tomorrow
- Seair X Press Logistics in strategic alliance with Sea Mark Shipping
- Sugar exports exceed 2 m. tonnes
- Taiwan keen on tie-up with SMEs
- Feedback on products for inclusion in India-EU FTA sought
- Port strike put off by 20 days
- Cabinet Secy to form panel for port projects MCA
- Port workers' bonus payment order issued
- Pak Customs stalls 1st rakeload of Indian sugar at Wagah
- Export target to remain unchanged
- Commerce Secy optimistic of ex-im e-trade by next year-end
- Wheat import tenders not to specify volumes
- Ministry asks CCEA to clear modified TUFS
- Govt likely to waive minimum spindle capacity criterion
- M&A deals in India discouraged by restrictive FDI policies, says Mergermarket study
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| AUGUST 29, 2007 |
- SAS group names new executive vice-president
- Zim, China Shipping, Yang Ming and K-Line launching Asia-Black Sea service
- New operator for Gökcen International airport
- Schenker growing and growing
- Basel to host St Gallen University logistics service congress
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| AUGUST 29, 2007 |
- 59 migrants adrift in Med
- Sinotrans and National Retail Systems in JV
- Panama Canal looks for lock builders
- UK nabs nine
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| AUGUST 29, 2007 |
- Green Passport for Crowley barge
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| AUGUST 29, 2007 |
- Port of Seattle backs strong US rules for vessels
- New report finds US ports create jobs, boost economy
- Panama Canal Authority releases expansion plan Request for Qualifications
- New tenant inks lease at Port of Vancouver, USA
- ATA truck tonnage index sees improvement during July
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| AUGUST 29, 2007 |
- Evergreen bucks giant boxships trend
TAIWANESE group will invest in a shipyard of its own in China but will not be joining the stampede for mega-boxships.
- Döhle seals 12,600 teu CSAV deal
- James Fisher moves ahead with ship management plan
UK marine services group posts profits above market expectations and commits to centre for ship management operations.
- Small shipowners fuel Greek growth
A JUMP in the number of small-fleet firms boosts the size of the Greek shipowning world over the last year.
- Questions, questions - but who has the answers?
IS this history in the making? Is container shipping witnessing a fundamental power shift?
- Never give up
EVERYONE should know by now that the EU has no reverse in its gearbox, and once it has an idea, will pursue it until it gets what it wants.
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| AUGUST 29, 2007 |
- Evergreen plans yard in Fujian
Taiwan's Evergreen Group is planning to build a shipyard in mainland China
- Marubeni takes Peru LNG slice
JAPAN'S Marubeni Corp has purchased a 10% stake in the Peru LNG project from Korea-based SK Energy
- Maersk Line anticipates 07 profit
AP Moller-Maersk expects its container shipping business to revert to profit this year after a $568M net loss in 2006, says chief executive Jess Soderberg
- Cruise brings US economy $35Bn
THE cruise industry has issued a new report on US economic impact, including new data on how much passengers and crew spend at ports
- Double Hull sees VL pressure abating
DOUBLE Hull Tankers raised second-quarter earnings by 11% and cited a positive 'dry' angle on VLCC supply trends
- Petrochem leaders at MariChem
KEY players in the Middle East's multi-billion-dollar petrochemicals transport market are meeting in Dubai next week at MariChem Middle East
- China, US logistics majors join forces
- Israel Shipyards in port progress
- Deep division over Kerch Strait
- Migrant Watch: US/Caribbean
- SOS issued for 59 drifting migrants
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| AUGUST 29, 2007 |
- Higher container volume helps Maersk Line narrow loss in first half
World's largest container carrier narrowed losses to $168 million compared with a loss of $607 million in 2006.
- Seaboard Marine to revive New Orleans terminal
- Seattle port backs emissions standards for vessels
- OTI scrutinized by FMC
- Antwerp pilots end strike
- BDP in Czech joint venture
- Export ABCs: Export Terminology
- Safmarine names box ship
- Columbia Group adds VP of business development
- India braces for port strike
- MOL expands in India
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| AUGUST 29, 2007 |
- Sydney and Melbourne on a high
- Evergreen's Chang speaks out
- German train strike delayed for another month
- Thamesport and Tilbury's gain is Southampton's loss
- CCL staff in Brazil concerned over Hamburg Sud rumours
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| AUGUST 29, 2007 |
- Evergreen goes red
Container line founder, Chang Yung-Fa, plans move into shipbuilding with 350,000-dwt capacity China yard.
- What consolidation?
Greek owners multiply in defiance of industry trend.
- Maersk saved by ship sales
Danish giant reliant on disposals to boost first half profit, with box shipping still making a loss.
- Danes boost training
Government lifts cap on colleges' intake as demand from expanding Danish fleet soars.
- Dead stowaway on Folmer ship
New problem for owner of Danica White as body is found in sistership's cargo hold.
- Vroon orders box double
Dutch owner builds boxship fleet with deal for two 1,800-teu ships at Kouan in China.
- Rates raise DHT
Double Hull Tankers sees second-quarter net profit and revenues increase as fleet earns more per day.
- No deadline for Gdansk
European Union not setting date for ruling on yard's future after Polish government rejected capacity reductions.
- Port-Bourgas sells drydock
Bulgarian yard to concentrate on port operations after exiting shiprepair.
- Dean batters USSP barge
US owner says tug unit will be out of action for 60 days after encountering hurricane in Veracruz, Mexico.
- Havila strikes deal of decade
Phoneix International takes Norwegian owner's subsea construction unit for 10 years at "market terms."
- Good day for Shih Wei
Taiwanese bulker owner announces profit rise of 110% in first half.
- Everard fuels Fisher
Revenues and profits grow for UK tanker and marine services specialist following integration of compatriot owner's fleet.
- CH Offshore sells two
Singapore-listed offshore vessel operator continues with its clear out of older tonnage.
- Aker cries foul over Floro
Norwegian group considering legal action over deal to buy Kleven Maritime's yard last year.
- Norwegians tackle NOx
Wilmhelmsen and Yara joint venture could cut harmful emissions from ships by 95%.
- Omega profits up 30%
Profit share and larger fleet help boost results at dual-listed products tanker player Omega Navigation.
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| AUGUST 29, 2007 |
- COSCO Pacific sells interest in bank
- Euronav reports higher earnings
- SAS expanding cargo terminal
- CEVA's 2nd quarter operating income up 66%
- Senate panel to consider tougher consumer product laws
- National Retail Systems, Sinotrans partnering
- Agility to manage logistics for AAFES in western Iraq
- Paper distribution firm hires Kutz
- FMC reviews 3 OTI license applications
- AAPA study: Ports add $2 trillion to U.S. economy
- Hutchison's first half port profits up 10%
- CSI operations commence at Panamanian port
- Panama seeking bidders for new locks
- ILA seeks new options in San Juan port planning
- Seaboard leasing France Road berth in New Orleans
- Houston approves $25 million for port projects
- Indonesian plans new shipyard
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| AUGUST 29, 2007 |
- Danica White crew back in Denmark
Captain Niels Nielsen and his crew of four from the coaster Danica White arrived in Odense, Denmark, last night after ...
- Hurtigruten hit by virus and emissions taxes
Hurtigruten (Coastal Express) was severely hit by NOK 30 million worth of cancellations because of virus infections onboard some of ...
- Breakthrough order for PureBallast
Alfa Laval has announced what they call a breakthrough order for PureBallast, a ballast water treatment system developed in cooperation ...
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| AUGUST 29, 2007 |
- Container traffic up but losses continue
Maersk Line says bunker costs rose 35% in first six months of the year.
- New venture to reduce ship emissions
Wilhelmsen and Yara collaboration offers 'first complete' NOx reduction solution, aims to add SOx reduction ability.
- Customs authorities to check inventories
Barge loadings in Italy suspended on Friday and Saturday.
- Rotterdam suppliers becoming fully booked
- Asian bunker prices firming
Bullish crude oil market prompts surge in bunker prices.
- New SECA raises testing questions
Bunker suppliers frustrated after re-testing on 'off-spec' low sulphur fuel deliveries leave no cause for claims, exposing lack of IMO guidelines.
- 'Difficult' to further reduce bunker sulphur content
No need to further reduce the sulphur content of bunker fuel produced by Japanese refineries, the Petroleum Association of Japan says.
- ExxonMobil offers more cargoes
Oil major offers second spot fuel oil cargo for September lifting from Yanbu.
- Melbourne: No spot avails until September
- Chinese shipyards can bring problems
Singapore-based ship operator says delays are 'inevitable' for players ordering bunker tankers from smaller Chinese yards.
- All ports, Yemen: Oil pollution control & environmental protection
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