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| FEBRUARY 14, 2008 |
Shipping News
- Throughput in S'pore ports rises 13.6%
Singapore ports continued to grow this year as January figures from the Maritime Port Authority (MPA) showed a 13.6 per cent rise in container throughput to 2.5 million twenty-foot equivalent units (TEUs) from 2.2 million previously.
- Precious 2007 net profit up 12%
Precious Shipping PCL, Thailand's largest shipping firm, reported a less-than-expected 12 per cent rise in 2007 net profit yesterday as rising freight rates outpaced a stronger baht and lower fleet capacity.
- Nationwide strike over pensions freezes transport in Greece
Greece ground to a standstill yesterday as the country's two largest unions and thousands of white-collar professionals staged a 24-hour general strike against an ongoing government pension reform.
- Swire Pacific unit orders 8 China vessels
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| FEBRUARY 14, 2008 |
- Hyundai lands multi mega box ship order from European client
- Major UK shipping interests band together against tax reforms
- Hapag-Lloyd revamps north Europe to Greece, Turkey service
- IMO chief praises India's seamen at maritime university opening
- Agility gains foothold in Kurdistan through joint venture
- INTTRA takes e-commerce solutions to Thailand
- Hactl says transshipments drove January's 7.5pc growth
- Underhanded competition undermines airfreight alliances
- Iran's Mahan Air airfreight volume rises 110 per cent in 2007
- SAS Cargo feels pain of stiffer competition in 2007
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| FEBRUARY 14, 2008 |
- Stakeholders in maritime sector urged to play more proactive role
- MOL holds safety meets in Mumbai, Manila for seafarers
- Maritime MoU signed with Holland
- D.B. Group India shifts to new office in Chennai
- Pipavav Shipyard bags orders to build 26 Panamax vessels
- Railways hauls 8.43 pc more revenue-earning freight
- Business booms for Blue Dart
- Vanaspati trade seeks flat duty rate on CPO imports
- Cost of importing sensitive items up
- Industrial output logs higher single-digit growth
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| FEBRUARY 13, 2008 |
- Railion Scandinavia names new managing director
- Hamburg Süd names new boxship
- Frankfurt Hahn airport stays in the profit zone
- Lehnkering moves to new handling facility in Mannheim
- Weiss-Röhlig opens new branch in China
- Shipping and Logistics Forum 2008 in Dubai
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| FEBRUARY 13, 2008 |
- LNG ship under tow
- Passenger ship withdrawal sparks anger
- Restructuring hits EMS
- Nordic American's better Q4
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| FEBRUARY 13, 2008 |
- Class raids 'focused on IACS links'
EU anti-cartel inspectors looked for three key phrases when searching data bases of classification societies.
- Class society 'raids' could be start of a broader crackdown
- Cesa calls for action to avert European yards decline
ACTION needed to prevent EU yards falling into South Korean hands, says Community of European Shipyards' Associations.
- Non-dom tax retreat gets muted response
SHIPPING industry say Britain's move to backpedal partially may be insufficient to prevent exodus.
- The waiting game
CHINESE ship recyclers have done almost everything to survive the sector's slump and equip themselves for the upcoming IMO Convention, now all they can do is wait.
- Star Quality
From the age of five, Henrik Solmer dreamt about going to sea but never imagined he would be commanding the biggest containership ever built.
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| FEBRUARY 13, 2008 |
- LNG faces uncomfortable revolution
Project difficulties raise serious questions about LNG production pace beyond 2010, according to Cambridge Energy Research Associates (CERA) senior director Michael Stoppard
- Chamber derides emissions report
THE British Chamber of Shipping has poured scorn over a national newspaper report about shipping emissions
- UK climbs down on tax plans
PLANS by the UK's chancellor Alistair Darling to introduce tough new rules applying to the country's rich non-domiciled residents have hit difficulties
- Hard going as Easy dumps newbuilds
EASYCRUISE entrepreneur Sir Stelios Haji-Iannou has changed tack by deciding to sell his smallest ship abandoning newbuilding plans in favour of second-hand acquisitions
- Angry PDVSA severs Exxon supply
VENEZUELAN oil giant PDVSA announced last night that it would cease business dealings with Exxon Mobil in retaliation for pre-arbitration attachments of PDVSA assets
- Catalunya Spirit gets power back
FULL power has been restored aboard the Spanish-flagged LNG tanker Catalunya Spirit but propulsion has yet to be engaged as the ship continues under tow off Massachusetts
- Aker juggles Caspian holdings
- Malaysia touts engineering spin-off
- LNG: PTTEP, CNOOC to tap fields
- Nigerian security creates confusion
- Closures at Vancouver today
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| FEBRUARY 13, 2008 |
- Maersk Line consolidating North American sales and customer service
Largest box carrier plans to consolidate its North American sales and customer service from six regional offices into five.
- Exports outpace imports at S. California box gateways
- ILA: Feds' case still flawed
- Longshore unions stop work at Port of Vancouver
- Ex-FDA official: Agency hindered by IT woes
- Port of Tacoma clarifies management roles
- Robust results for Expeditors
- Big steel merger opposed
- Savannah gets four cranes
- DHL expands in Toronto
- Russia expects to join WTO by 2009
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| FEBRUARY 13, 2008 |
- LA's TraPac loses more business to Long Beach
- Savannah gears up with new super post-Panamax cranes
- Portonave wins Zim service
- NYK takes seventh place as best employer
- PSA buys 49% of India's Kolkata terminal
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| FEBRUARY 13, 2008 |
- Insurer's net surges
US-listed Navigators Group reports a 28.8% increase in fourth-quarter earnings.
- Catalunya powers up
After a Teekay LNG carrier is towed from its drift in the Atlantic, electrical power is restored, but efforts to restart propulsion continue.
- Chile project gets OK
A proposed LNG terminal near the Chilean city of Mejillones has received environmental approval.
- APL launches Baltic link
APL launches feeder service linking Russia and the Baltics to lines between to North Europe, Asia and the Americas.
- Profit, costs up at Prosafe
Arne Austreid-led offshore player sees annual income rise on better sales but costs and financial expenses keep pace.
- Aussies hold 25
Interorient, Eitzen, MSC, Quintana and Nomikos among owners whose vessels failed January safety checks.
- Pac Basin bags ro-ro quartet
Hong Kong-listed bulker owner enters ferry sector after picking up two resales and inking two fresh units.
- Acergy feels tax pain
Revision of tax bill cuts annual profit at Oslo-listed oil and gas and shipping group.
- Greek bulker rescues 14
Cyprus-flagged supramax plucks survivors from water after their passenger vessel capsizes off the Philippines.
- If it floats
OceanFreight's chief executive says his company is open to buying in any sector that makes sense, but it "makes a lot of sense" for the US-listed owner to buy more tankers.
- Davie finalises IPO
Canadian shipyard aiming to raise CAD 41.5m through listing in Toronto.
- Emissions in spotlight again
Scientists and European politicians quick to jump on emissions bandwagon after IMO-bound report pops up again.
- Tinian handed bill
Court rules Marianas ferry owner must pay Saipan port damages for unpaid passenger fees.
- Coal contracts to fire CSDC
Revenue from domestic shipments will rise 40% in coming year, China Shipping unit says.
- Carnival in 'slavery' spat
Cruise giant laughs off accusations of forced labour as baffling after disgruntled employee files legal papers.
- Ningbo Marine wins coal deal
Chinese bulker owner expects profit to rise after clinching five-ship charter with Shenhua Energy.
- EMS still red
Restructuring costs from closure of offices keep Eitzen Maritime Services at a loss for the year.
- Precious back at ABG
Thai owner orders more bulkers at Indian yard, as it questions the ability of Japanese and Korean yards
- Essar approves offshore merger
Indian owner's directors back move to amalgamate Essar Oilfield Services.
- Bosporus remains closed
Key Turkish strait shut for second day due to heavy snow, with delays increasing.
- Swire slates eight more
Offshore player adds to bulging orderbook with its first newbuilding order on the Chinese mainland.
- Palios defends rate
Diana Shipping chief executive says charter shows 'self discipline' and visibility of earnings.
- Clelia II heading for Lakes
Travel Dynamics upgrading small cruiseship for trips between US and Canada.
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| FEBRUARY 13, 2008 |
- NOL eyeing M&A activity, no comment on Hapag-Lloyd rumors
- Maersk consolidating customer service, sales support jobs
- SeaFreight names marketing VPs
- DHL Express will cut 600 jobs
- FedEx services available via Microsoft Outlook
- New USDA chief vows to keep country's cotton exports strong
- APL Logistics kicks off China-to-U.S. FCL guaranteed service
- Cupid's little helpers
- USDA finds Guatemalan blueberry imports safe
- Hurd appointed USDA's head of food safety
- Pünjer leaves Agility, new Central Europe management team pending
- CEVA Logistics makes U.S. appointments
- Forwarders, movers: Program for armed forces should be delayed
- FMC reviews 4 OTI license applications
- Dominican shipping executive calls for faster throughput
- Jurong Port's box volume flat in January
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| FEBRUARY 13, 2008 |
- Norwegian fund buys American tankers
The new Norwegian ship investment fund Global Skipsholding II has acquired six tankers of around 100,000 ton deadweight each for around NOK 1.7 billion. The fund is the second ship investment fund established by Acta Kapitalforvaltning. The head of ...
- US naval vessel fires on hi-jackers in Somalia
The international naval force patrolling close to Somalian waters has spotted Svitzer Korsakov, the hi-jacked Svitzer tug. Yesterday there was even an attack on the hi-jackers or their supporters ashore. An American naval ship opened fire with grenades ...
- Catering union to leave DIS committee
The Danish union for catering staff, Dansk S' Restaurations Forening (DSRF), will leave the contact committee for Danish International Shipsregister (DIS) as a reaction to the massive lay-off of catering staff announced by A. P. M'ller-M'rsk. The decision ...
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| FEBRUARY 13, 2008 |
- New legal threat in bunker clean-up
Greek authorities insist all the Sea Diamond's fuel be recovered.
- Oil eases after IEA, DOE reports
Rally on Venezuelan supply cut loses momentum after IEA cuts demand-forecast and US inventories continue to grow.
- Fuel costs could 'wipe out' region's fishing industry
Minister saying that 'rising fuel costs are something we will all have to get used to.'
- Local ban on residual product would be 'premature'
Cruise line's defence of bunker policy provokes anger from Hawaii residents.
- BORCO to become 'Vopak Terminal Bahamas'
Joint venture with new owner will see Vopak operate terminal with capacity similar to Rotterdam's leading Europoort facility.
- Rotterdam market firm at midday
- 'Scrubbers' could be part of 'zero emissions' ship
Latest IMO move 'excellent news' for abatement technology.
- Singapore starts 2008 with strong bunker sales
January bunker sales up 24% from year-ago figure.
- Taiwan supplier restarts 380 cst deliveries
Deliveries of 380 cst bunker grade in Taichung port resumed yesterday.
- Lanka IOC prepares to expand bunkering business
Pipeline upgrade should pave the way for new player in Colombo's bunker market.
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