 | web site |
| JUNE 12, 2008 |
Shipping News
- Sea Asia gets bigger in its second year
An impressive array of thought leaders in the maritime industry is being lined up for the second Sea Asia conference and exhibition from April 21 to 23 next year. The organisers plan to build on the success of last year's inaugural event to consolidate and develop the clout of Asia in the shipping world.
- ST Marine christens historic RoRo vessel
ST Marine's first roll-on roll-off (RoRo) ship meant to transport Airbus A380 fuselages was named at its Benoi yard yesterday. The 3,500 dwt, 127-metre long vessel was christened the City of Hamburg by French Minister for Higher Education and Research Valerie Pecresse.
- US cargo check rule slammed
New laws to protect the US from a ship-borne dirty bomb or weapons of mass destruction will impose a major financial burden on US trade partners and consumers, a conference heard on Tuesday. The measures, to come into effect in 2012, will oblige countries to scan every one of the estimated 18 million cargo containers heading to the US each year before they leave their port of departure.
- Hapag-Lloyd details out next week
|
 | web site |
| JUNE 12, 2008 |
- Intra-Asia Discussion Agreement members to charge CAF in July
- Retail container volume below last year, but climbing
- Vladivostok beats quarterly cargo target by 25 days
- Exhibition areas of Shenzhen logistics fair continues to expand this year
- Second 6.500-TEU containership delivered to IRISL
- Suez Canal Authority, Savannah area ports promote closer ties
- Raising capacity a must for Africa's ports, says South African official
- Deutsche Bahn to expand logistics business in China
- Continental to cut 67 aircraft, 3,000 jobs as fuel soars
- Changsha Airport cargo throughput to reach 200,000 tonnes by 2015
- China Southern to form cargo, mail JV with AF-KLM unit Air Bleu
|
 | web site |
| JUNE 12, 2008 |
- DNV academy to come up on AMET University campus
- Monish Row elected President of VCLA; Vijay Gopal Vice-President
- GE Shipping contracts to sell Jag Prayog this month
- Foodgrains export when supplies improve-Pawar
- This won't do'WTO tells US
- US accuses India of trying to wreck WTO talks
- Soyameal exports boom
- Sunshine on a rainy day for Andhra mango growers
- DP World 1st global port operator to be certified partner in C-TPAT
- Fresh single-voyage handling record set by New Mangalore Port
- AI's cargo services on Nagpur runway
- FM optimistic of 8.5 pc economic growth this fiscal
- World Bank projects India's growth at more realistic 7 pc
|
 | web site |
| JUNE 11, 2008 |
- NYK Logistics (UK) has new sales director
- Cosco offers best price for port of Piraeus
- American Airlines to eliminate two Chicago routes
- UTi Worldwide with more revenue, but lower profit
|
 | web site |
| JUNE 11, 2008 |
- Evergreen in environment project
- MOL names latest LNG carrier
- Philippine court rulings
|
 | web site |
| JUNE 11, 2008 |
- U.S. Shipping Partners seeks to renegotiate with lenders
- OSG names Lois K. Zabrocky senior VP
- $100 million Navy award for NASSCO
|
 | web site |
| JUNE 11, 2008 |
- Port of Bellingham Commission eyes new redevelopment proposal
- Grand Alliance adding vessel to lower emissions in EU service
- Puget Sound pleasure boaters warned to follow new CBP rules
- Oregon governor slams FERC for LNG facility decision
- Mitsui O.S.K. Lines names new LNG vessel
|
 | web site |
| JUNE 12, 2008 |
- Europe has not woken up to 100% scanning
EUROPEAN ports only just waking up to what could be a radical alteration of today's cargo flows.
- Further delays for US port workers' biometric ID
- Trio team up in VLGC venture
MAERSK Tankers, Transpetrol Maritime Services and Zodiac Maritime Agencies to pool their VLGC fleet.
- Capesize rates see sharp decline
RATES record one of their steepest falls as demand for iron ore and coal cargoes dries up.
|
 | web site |
| JUNE 11, 2008 |
- USCG Jones Act rulings slammed
The US Coast Guard (USCG) came under withering criticism today during a House of Representatives hearing on controversial foreign rebuilds of Jones Act vessels.
- USS in freefall after warning
US Shipping Partners' (USS) common units plummeted 40% after the company admitted it could suspend payments of distributions
- Congress mulls Jones Act fix
US Congress may consider legislation to tighten Jones Act rules on foreign refits
- US cruise demand on the up
CRUISING continues to show resilience in the face of US consumer gloom, according to new industry research
- US Navy sets up Miami office
THE US Navy is reaching out to the commercial shipping sector in Latin America by establishing a liaison office in Miami and will be hosting a maritime security conference in September
- Ahmadminejad puts up $1bn
PRESIDENT Mahmood Ahmadinejad has directed Iran's ministries of industry and commerce to provide financial and legal support to the country's maritime industry by 2018.
|
 | web site |
| JUNE 11, 2008 |
- Head East: West Coast ports continue to lose market share to rivals in the East
Ports from Southern California to the Pacific Northwest extended their losing streak in the first quarter of 2008.
- MOL will call Jaxport early
- New boss for Hapag-Lloyd
- $1B for Long Beach budget
- House questions foreign work on Jones Act ships
- Industry urges Washington to lead national freight policy
- SC report sees inventory shift
- Striking balance called key to green development plans
- Panel wants short sea boost
- UPS to expand Canada DC
- Grand Alliance adds ship to Japan-Europe service
|
 | web site |
| JUNE 11, 2008 |
- CSCL, H-L and Maruba forge new FE/West Africa Link
- TUI must sell Hapag-Lloyd to highest bidder
- Adrion to step down at Hapag-Lloyd
- Hamburg Sud names second newbuild bound for ECSA trade
- Irish fishermen scale down Cork and Waterford blockade
|
 | web site |
| JUNE 11, 2008 |
- US Shipping tanks
Stock plunges more than 40% on challenging condition news and potential dividend halt.
- In the money
Tidewater chief executive makes a $2.73m gain by cashing in on stock options.
- Vanship vote set
Shareholders at US-listed Energy Infrastructure Acquisition will vote 23 June on the deal with Fred Cheng's Vanship.
- Omega buy-in
California's Transamerica Investment Management reports an 11.5% slice of the US-listed products tanker owner.
- Owner faces writ
Families of the eight men who died in the Bourbon Dolphin tragedy want compensation from the shipowner.
- Canal bets on drop
Panama Canal budgets for a drop in traffic, primarily in the containership sector, during the 2009 fiscal year.
- Green payback
Investing in environmental friendly ships becomes commercially prudent.
- Eimskip chopped
Biggest fall in share price for Icelandic container line as it cuts sales forecast.
- Maersk in race?
Maersk Line chief Eivind Kolding not ruling out bid for German rival Hapag-Lloyd.
- Sjaastad exercises
Former Frontline chief executive exercises $2m worth of stock options in the John Fredriksen-led tanker owner.
- Maersk dives in
Danish giant teams up with Transpetrol and Zodiac to pool 14 big gas ships by 2011.
- Under attack
Sustained barrage by pirates off Philippines sends Vroon's Oz-bound livestock carrier back to port for repairs.
- Taiwan tax break?
Government considers switching to tonnage tax to bolster domestic register.
- Offshore promise
Gas carrier chief Morits Skaugen puts his retirement nest egg into offshore market.
- First for CNIC
Cameroon shipyard hands over its first ever barge conversion to Italy's Saipem.
- Married to work
Think your job or spouse asks a lot of you? An Iranian company is demanding rings on fingers.
- Temas spreads
Indonesian boxship player eyeing four new routes this year, including to Bangkok.
- Boxship century
Rickmers Trust targets a fleet of 100 vessels as liner chartering grows.
- Evergreener
Taiwanese container line to join Cambridge University's greenhouse gas project.
- Bourbon boom
Geir Sjurseth tells of French owner who will get newbuilding every 12 days for three years.
- Ports show hand
Bermuda takes a gamble and is ready to allow onboard casinos to open at ports.
- GE sells again
Indian owner continues to axe older tonnage with single hull product tanker latest to exit.
- Winding-up halted
SembCorp Marine gets its day in court over forex loss battle with French bank.
- Too good to last?
With 45 vessels trading on the spot market Kim Ullman says Stena Bulk is doing very well.
- Ruksha returns
Murmansk Shipping may have lost control of nuclear icebreaker fleet, but former boss will now manage the ships for Russian government.
- Sea4 orders two
Norwegian offshore start-up finally inks deal for pair of ships in Spain.
- N-Trans spins
Russian rail group forms new company for port assets ahead of possible IPO.
- Vintage year
After the best year for dry since WWII Sverre Svenning sees tougher times ahead.
|
 | web site |
| JUNE 11, 2008 |
- TUI could forward information on Hapag-Lloyd spinoff next week
- Hapag-Lloyd restructures executive board
- Grand Alliance adds ship to Europe Asia loop
- MarAd names Pugh marine highway post
- AirNet Systems goes private
- Private operators pump $200 million into Indian Railways coffers
- U.S. Commerce Department to India: "Doha not a donor's conference"
- China trade deficit widens by 26 percent in April
- Florida rolls out tomatoes after FDA clearance
- Korean cabinet offers resignations over U.S. beef import flap
- GSP duty-free petitions due June 18, says trade law firm
- LOG-NET signs deals with footwear company, NVO
- Zakarka appointed APHIS deputy administrator
- FMC reviews 11 OTI license applications
- Ports challenged to meet 2012 box scan deadline, WCO study says
- MOL begin Asia service to Jacksonville six months early
|
 | web site |
| JUNE 11, 2008 |
- New Norwegian offshore vessel owner orders two
Norwegian Sea4 in Grimstad has ordered two light subsea construction vessels from Freire Shipyard in Vigo, Spain. The vessels cost EUR 52 million a piece, and are scheduled for deliveries in February and August 2010. They are designed by Skipsteknisk ...
- Wilson orders eight
Bergen based Wilsen has ordered eight 4,500-DWT dry cargo vessels from Shandong Baibuting in China. The price tag is about EUR 7 million a piece, with 60 per cent to be paid in dollars and 40 per cent in ...
- New toll record in the Panama Canal
Disney Cruise Line's cruise vessel Disney Magic has set a new toll record for a Panama Canal transit. The vessel was on its way from Port Canaveral in Florida to the US West Coast for a cruise programme and for ...
|
 | web site |
| JUNE 11, 2008 |
- New bunker tanker on station off East Africa
Addax says main focus is Mozambique channel but tanker will also supply offshore Seychelles and Mauritius.
- Global bunker market report
- Bunker costs hit profits
Shipping Corporation of India says January to March bunker bill has grown by $23 million.
- New supplier begins operations in Fujairah
Sources say Vitol has started supplying in the Mid-East hub.
- Asian bunker market mixed
Prices in Singapore, Hong Kong firm, but Busan and Tokyo markets soften.
- Rotterdam market continues to firm
- Freight rates up 20-40% on costly bunkers
A Malaysian shipping association increases freight rates to offset rising bunker costs.
- Oil to hit $250 a barrel, says Gazprom chief
Says 'competition for resources' is driving oil prices higher.
- Germanischer Lloyd backs LNG
Use of LNG would produce no sulphur emissions and 20% less CO2, says classification society.
- Reefer operators may switch to slow steaming
Operators seek to reduce bunker consumption as fuel prices soar.
- Petrobras CEO: Oil prices to remain high
Strong global demand, tight supplies to keep prices supported.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
