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| MARCH 10, 2008 |
Shipping News
- Planned French port strike called off
France's port and dock union, part of the CGT federation, said on Saturday that it had suspended plans for a two-day strike to protest planned reforms of French state-owned ports.
- Italy politicians bemoan plans to sell ailing Alitalia
Italy's nearly bankrupt national airline is becoming an emotional election issue ahead of April's vote, with politicians sparring over and bemoaning plans to sell it to the French.
- B787 may be further delayed: Goldman Sachs
Boeing Co, which has already twice delayed its new 787 Dreamliner, may further postpone delivery of the aircraft by several months to the second half of 2009, according to Goldman Sachs Group Inc analyst Richard Safran.
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| MARCH 10, 2008 |
- Container traffic growth slows through major US ports
- China ports throughput to surpass 5.6 billion tonnes by 2010
- China Railway Construction plans March 14 US$5.4 billion IPO
- Dar es Salaam congestion prompts Maersk, MSC to cut calls
- Newly merged Schenker China opens for business
- Famous Pacific Shipping appoints first group executive director
- Etihad Airways to launch Beijing-Abu Dabi service
- Dubai joins e-freight initiative to save paper, cut costs
- Alaska bush pilot war ends with buyout of Arctic Circle Air assets
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| MARCH 10, 2008 |
- T. S. Korea makes maiden call at Mundra as part of new Hyper Galex II service
- APL Logistics kicks off new FCL service
- Mercator Singapore to acquire more ships
- Schenker's Chairman to retire; pursue new goals
- Europe, China dismantle maritime boundaries
- Hong Kong maritime fair from March 12
- US trade rep seeks 'commercially significant' market access for services
- Nath sees untapped trade potential & scope for growth with Romania
- Oilmeals export up by 28 pc
- EPL issuing RFQ papers to develop box terminal
- ABGKCT completes satisfactory year
- Ahoy! Cruiser Deutscholand comes a-calling at NM Port
- Just 10 pc of 53 billionaires' wealth can wipe off country's debt!
- Trade gap may continue widening, calculate leading financial analysts
- SC sets aside CVD, SAD on scrap imports
- Powerloom cluster projects welcomed
- Foreign Trade Policy Analysis: Current Trends-By M. Sreedharan
- Rangnekar appointed member of Planners' coal panel
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| MARCH 7, 2008 |
- Leuters and Marczuk new M&M executives
- Vogel new Wincanton director road Europe
- MSC Transpac port rotations
- Polish enterprise CTL Logistics recently put two Siemens
- EU to improve traffic with western Balkan
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| MARCH 7, 2008 |
- Ferry revival
- Webster goes to Brazil
- Havyard forces Aker board vote
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| MARCH 9, 2008 |
- Broker lists Seacoaster demonstrator as for sale
- India reacts to Signal H2B worker allegations
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| MARCH 7, 2008 |
- Port of Seattle ends new project moratorium
- Trade between NAFTA partners up during month of December
- Portland Shipping Club presents annual Pizza Night
- Traffic at container ports predicted to see slowdown
- US rail freight traffic posts gains for week
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| MARCH 7, 2008 |
- Losses soar past $1bn on Pacific box routes
LINES race against time to stop financial haemorrhaging on transpacific trades as collective loses soar.
- Buoyant box lines say that 2007 gains will continue
- Aries explores future options
TANKER owner will look at takeover or merger after announcing a "strategic review" of its options.
- Way paved for Levene's third term at Lloyd's
LEGAL and market reforms set to open way for chairman Lord Levene to sit for an unprecedented third term.
- More than just a party
POSIDONIA has become almost legendary, particularly among those who have not had the chance to attend.
- Birthday wishes from Brussels
IS it coincidence that the EC is throwing its weight around as the IMO enters its 60th year in existence?
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| MARCH 7, 2008 |
- Industry faces up to down cycle
Shipping industry leaders at this week's Marine Money conference in Dubai were remarkably pessimistic about the near-term future of the shipping markets
- MidEast dragged down by dollar
SHIPPING operators and businesses in the UAE are suffering from the current weakness of the dollar, delegates at this week's Marine Money conference in Dubai learned
- Death ferry broke safety rules
GROSS breaches in basic safety measures have been uncovered by the Bangladeshi inquiry into the Shourav-1 passenger ferry accident in which 49 passengers were killed after a collision
- Havyard calls for egm in Aker Yards
AKER Yards has received a request from Havyard Invest to schedule an extraordinary shareholders' meeting, to enable the shareholders to elect a new board of directors
- US box slide worsens
US container imports are dropping even more sharply than predicted, while America's economic outlook has taken yet another negative turn
- Aries up for sale?
ARIES Maritime Transport is possibly up for sale. It may suspend a quarterly dividend payment and its Chief Financial Officer has resigned
- China steel output to decline
- Pakistan panics over Panamax problem
- PSA India takes stake in ABG
- Salvors rush to save grounded ship
- Essar needs $1bn for expansion
- Russian railway challenges Fesco
- Pakistan bans Taiwanese vessels
- High ringgit hits Malaysian exports
- LNG: Woodside wooing Singapore
- Seafarers get wireless broadband
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| MARCH 7, 2008 |
- Study recommends LA clean-truck plan
Consultant hired by Los Angeles port finds hub's employee-driver model best option for sustainable harbor drayage.
- U.S. puts Syria on port security watch list
- CG finds one-third of ports have security gaps
- Aries Maritime Transport suspends dividend, considers sale
- Define surface goals: GAO
- Manufacturers blame U.S. trade policy for job losses
- French dockworkers call for 48-hour strike
- Venezuela blocks Colombia imports amid rising tensions
- Lufthansa Cargo adds freighter flights this summer
- German ports face rail strike
- Port of Seattle creates capital development division
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| MARCH 7, 2008 |
- Can we live with oil at USD120 per barrel?
In trading today, the price of a barrel of crude oil was hovering at around USD106, with, many analysts predicting it will breach the USD110 barrier and even USD120 level by late summer.
- German court rules JadeWeserPort construction can go ahead
- Nova Scotia leader outlines Atlantic Gateway projects
- CEVA earnings up 56% in 2007
- Carroll stashes war chest ahead of ICG results
- Automatic stowage planner system to be rolled out by TSB
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| MARCH 7, 2008 |
- Nordcapital pays $190m
Owner has emerged as having placed an order for four panamax bulkers at Hyundai Mipo.
- DryShips preps capital grab
George Economou's US-listed owner prepares to offer up to 6 million shares.
- Rizhao adds more capes
Chinese steelmaker buys a pair of 1999-built bulkers as the mill's efforts to haul its own iron ore grows.
- Cowen sues OceanFreight
Making good on his threat to fight, ousted chief executive Robert Cowen files claim for a breach of his employment agreement.
- Matson hikes surcharge
Alexander & Baldwin shipping arm lifts its fuel surcharge to 33.8% as bunker costs continue to rise.
- Grounding off Spain
Authorities responds after a general cargoship Maro runs aground near Hondarribia, but all seven crewmembers are safe.
- Italian biggies sold
Vinashin reportedly pays a whopping sum for Grandi Navi Veloci's giant twin cruise ferries.
- Norden bags bulker sale cash
Danish owner mum on details of supramax newbuilding sale which CEO Carsten Mortensen says was "too good to refuse."
- Still a buy
Even as shares drop, Jefferies analyst says the sale of Aries Maritime Transport could have "significant upside" for investors.
- Flex fills out FPSOs
Offshore LNG producer almost doubling capacity of production newbuildings at Samsung in Korea.
- Greeks cold on newbuildings
Orders sink to near two year low but owners will soon start to splash the cash again and not just on bulkers.
- SMBC strikes joint venture deal
Japanese ship financier teaming up with China's ICBC to aid expansion.
- Aries for sale?
Mons Bolin's Nasdaq-listed company considering strategic options following the departure of CFO Richard Coxall.
- HHI books eight capes
Korean yard signs $800m deal with European owner, while subsidiary Mipo to build four smaller bulkers.
- TKMS splits yard operations
German group reorganises into separate companies for merchant and naval shipbuilding.
- Rotterdam to widen
Dutch government to make port access channel bigger to handle larger boxships.
- Havyard flexes its muscles
Fresh from upping stake in Aker Yards, Norwegian owner Per Saevik now wants new board elected.
- STX adds gas trio
Korean shipbuilder to deliver small LPG vessels to Greek owner by 2011.
- That's all, folks
Estonian ferry owner Tallink says no more ship orders this decade after yard prices rise.
- Sasco revamps liner runs
Russian owner beefing up far eastern general cargoship services with more calls.
- Ex-SCI man fights to regain job
Schizophrenic former crewman going to Indian court to win back equivalent onshore role.
- Reefer drifts at Klaipeda
Norfos ship drags anchor and suffers engine failure in Lithuania, but trouble averted by crew.
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| MARCH 7, 2008 |
- Bahrain bank, Cyprus's Lemissoler in joint venture agreement
- Maersk dropping Tanjung Pelepas from Emma Maersk service
- Aker Yards shareholder wants new board of directors
- Carriers to swap space between Florida, Central America, Caribbean
- Strauss joins Delta Cargo from Northwest
- SC Johnson awarded $147 million in damages
- Train spill imperils millions of dollars in Calif. desert crops
- Shippers seek to combine suits against railroads
- Man pleads guilty in massive textile transshipment case
- Happy Birthday, DHS
- cargo-partner to expand India presence
- Herald: Caribbean trade harmed by U.S. woes
- DSC Logistics appoints Copeland
- SEKO opens Mexico operations
- Port Tracker: U.S. imports down for seventh month in a row
- CPSC, CBP kick off import testing program at Long Beach port
- ICTSI appointments
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| MARCH 7, 2008 |
- Holy House caught with magic pipe
Holy House's reefer the Snow Flower has been detained by the US Coast Guard (USCG) for having a magic pipe, an arrangement for dischargeing oily water over board. 'It is terrible, and it is going to be very costly. We ...
- DMA worried over the number of Danish vessels hold by PSC
Danish Maritime Authorities (DMA) is worried over the large number of Danish vessels already held in a Port State Control in 2008. In January and February seven Danish flagged vessels were held by Port State Control while only three vessels ...
- Fast ferry service starts already next week in the Gulf of Finland
Nordic Jet Line will start its fast ferry service between Helsinki and Tallinn in the Gulf of Finland already next week on March 14, due to the ice-free winter. Superseacat has planned its fast ferry service start to 3 ...
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| MARCH 7, 2008 |
- Another environmental award for Long Beach
Port gaining further recognition for clean air efforts.
- Bunker market report from Praxis
- 1.51% sulphur fuel 'will fail' SECA standard
'Unified interpretation' could usher in two-decimal place IMO sulphur standard and strict verification procedure.
- Sumitomo strengthens Singapore foothold
Japanese oil trading arm set to merge with Singapore player after buying remaining stake.
- Dutch barge JV to take over partners' activities
Interstream Barging to integrate Vopak Barging Europe and Van der Sluijs Tankrederij.
- Total hoping for 'good science' in IMO decision
Oil major says bunker market is of strategic importance for refining industry.
- Rotterdam market quiet
- New trader at Dan-Bunkering's Kaliningrad office
- Vopak profits up 40% in 2007
Company predicts more growth in 2008 with strong demand for storage from all market sectors.
- Single hull ban in the Philippines postponed
Operators want time to negotiate better rates for double hulls.
- August launch for Adani's second barge
Indian supplier hopes its first owned-barge will be operational within a week.
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