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| APRIL 14, 2008 |
Shipping News
- France warns pirates from Somalia
France's defence minister warned on Saturday that Paris would not tolerate extortion attempts, after French military secured the release of 30 hostages from a luxury boat off Somalia and seized half a dozen pirates.
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| APRIL 14, 2008 |
- Cosco takes delivery of first made-in-China 10,000-TEU ship
- Hyundai Heavy Technology cuts yard's shipbuilding time
- YRDICT installs gate for container freight stations
- Dalian-Moscow container train service via Manzhouli launched
- Maersk Line offers SMEs online cargo booking service
- China and New Zealand sign free trade pact
- India's box traffic rises 19pc at major ports in fiscal 2008
- Hong Kong Airport 2007 cargo volume world's second largest
- Pilot dispute disrupts troubled Aloha Airline's cargo operations
- Avianca buying Tampa Cargo to form alliance with Martinair
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| APRIL 11, 2008 |
- Crowley buys Jensen Maritime Consultants
- Six Le Ponant pirates captured
- NY Governor blocks Broadwater LNG
- Le Ponant crew freed
- Global Industries to build second $250 million derrick/pipelay ship
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| APRIL 11, 2008 |
- Noble appointed development adviser to salvage union
- Pacer's Prokop named to NITL and HTC boards
- Grand Alliance starts new European service
- Munich airport strengthening hub role
- Crossrail Italia issued with railway licence
- UPS lowers profit expectations
- Tiaca annual executive conference and AGM, 12-14 May
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| APRIL 11, 2008 |
- More dock strikes "likely"
- ISU calls for LOF re-write
- CMA CGM to run giant Marseilles drydock
- ABS, RS to work on Arctic LNG ships
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| APRIL 11, 2008 |
- Crowley Maritime buying Jensen Maritime Consultants
- Grand Alliance lines add new European service
- AAPA supporting Colombia free trade deal
- Vancouver USA port board approves list of action items
- US rail freight traffic sees down month of March
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| APRIL 11, 2008 |
- Crew quality hits marine claims
NORWEGIAN Hull Club figures show that human error is behind alarming rise in accidents.
- Strintzis quits as Hellenic Seaways boss
GERASSIMOS Strintzis resigns just days ahead of a crucial meeting of Hellenic Seaways' shareholders.
- Primary focus on the attractions of a seafaring life
US MARITIME and education interests are working to encourage inner-city children to join the shipping industry.
- Standard measures
Fonasba has worked hard to produce an industry standard for agents and brokers to protect shipowners and managers.
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| APRIL 11, 2008 |
- Le Ponant hostages free
SOMALI pirates have freed the crew of the CMA CGM-owned French 'boutique cruise ship' Le Ponant, it emerged today
- VLCC, fishing vessel collide
THREE Chinese fishermen died and a further 13 are missing after their vessel was hit by a VLCC in the Pacific south of Japan
- Hamburg's training capacity exhausted
HAMBURG shipowners and operators are increasingly forced to hire fresh blood from other training and college sectors than the 'shipping clerk' apprenticeship schemes that form the backbone of industry recruitment in Germany
- Seaspan goes back for more
CONTAINERSHIP leasing giant Seaspan Corp is poised to conclude yet another secondary share offering
- Insurers face up to Solvency threat
THE International Underwriting Association has warned that the shipping industry needs to be vigilant of Solvency 2, which will update the EU's regulations for insurance firms
- 14 evacuated after roro fire
FOURTEEN seafarers were evacuated yesterday evening from the K-Line operated roro ship Sea Venus after a serious engine room fire disabled the ship some 1,200 n-miles east of Cape Cod
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| APRIL 11, 2008 |
- Equity firm invests in Intermarine
Intermarine CEO Grikitis eyes growth for project-cargo carrier after substantial investment by New Mountain Capital.
- China trade surplus up
- TACA fuel fee unchanged
- Trio for TWIC sign-up
- California approves $3 billion for freight infrastructure
- Food prices to remain high, says World Bank
- India ends liner conferences
- Wan Hai profit doubles
- Fuel fee bump by AADA
- Crowley buys architect
- Asia-Europe network investment planned by TNT
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| APRIL 11, 2008 |
- 'Motorways of the Sea' at the crossroads?
As Coastlink's delegates decamp this afternoon after a two day conference in the European port of Zeebrugge, many of the short sea container shipping executives will be mulling over the increasing challenges that they face in their endeavours to perform a vital supply chain link.
- CMA CGM Capri inches Australian benchmark up
- ELAA to change terms of reference
- Yokohama to build deep draught box terminal
- Port of Montreal forecasts 10% box growth
- Wan Hai wonder
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| APRIL 11, 2008 |
- Tailwind selling duo
Aframax tankers Fidelity and Fantasy appear on the selling block as charterbacks come to an end.
- Intrepid sells three
Richard du Moulin's Stamford-based bulker owner sells off 1982-built ships en bloc for $91m, brokers say.
- Crowley buys engineering firm
US owner and logistics company buys up a Seattle-based naval architecture and marine engineering house.
- Grimaldi offloads ropax
Brokerage sources say the former Attica ferry, the Eurostar Roma, goes to Unity Line for $108m.
- Intermarine lands capital
A New York private equity firm invests in the US breakbulk and heavy-lift player.
- Seaspan downgraded
Containership owner on equity analyst rollercoaster as it rolls out a 7-million-share offering.
- Gas linked to death in Bilbao
Ship inspector dead after encountering gas in the cargo hold of Greek-owned bulk carrier.
- Grindrod buys Cockett
South African shipping and transport group acquires full control of top bunker trader and broker.
- Captain walks free
Australian ferry master cleared of dangerous navigation charges following accident which killed fishing pensioner.
- Tolani buys handymax
Jinhui books a $40m profit as it sells three year old ship to Indian owner for $74m.
- Seaspan targets $200m
US-listed boxship owner prices its public offering at $27.25 per share.
- Star Bulk fixes supramax
US-listed bulker owner puts the Star Omicron on a three-year time-charter.
- Swedish pay boost
Owners and unions poised to reach agreement as officers' pay rockets.
- Ponant released
French government announces crew of CMA CGM cruise yacht free but extent of military action unclear.
- More money for Fulford
After a better year for Clarksons in 2007 the pay of the world's best known shipbroker rose 21%.
- Maersk munches McDonalds
Danish giant devours corporate giants and maritime rivals with a shock too for NYK and South Korea's shipbuilders.
- Fire strikes K Line PCTC
Japanese car carrier reported to have suffered an engine room fire in mid-Atlantic and is now adrift.
- Ferretti to refloat
Venture capital owner seeks Milan stock exchange berth for luxury yacht builder.
- Wan Hai profits sky high
Asian boxship owner sees net income double during 2007.
- Global books another
US offshore contractor has ordered a second combination derrick/pipelay vessel worth $250m.
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| APRIL 11, 2008 |
- Seaspan sets price of common share offering
- Private equity firm buys stake in Intermarine
- Intertanko opens Brussels office, welcomes IMO's MARPOL changes
- Fire extinguished on ro/ro ship in North Atlantic
- Grounded ro/ro to be dismantled on English beach
- Boeing starts final assembly on 777F, delays 787 again
- AirBridgeCargo receives third 747-400 extended range freighter
- GAC Logistics (UK) opens East Midlands Airport 3PL facility
- Great Wall Airlines appoints operations chief
- Roadway launches expedited ocean service from China
- House changes rules to delay Colombia FTA vote
- U.S. trade deficit widens despite export gains
- Weber hires former DHL executive to lead transportation division
- Globe Express Services opens Beijing office, rebrands in Canada
- French port union calls for weekly strikes
- Montreal plans to increase capacity
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| APRIL 11, 2008 |
- Every fifth bulker ordered at non-existing yard
22 per cent of all dry bulk carriers in the current world orderbook have been ordered at shipyards that up til last year never had delivered a ship. The analyst company Worldyards estimates that the total dry bulk orderbook stands ...
- Danes developes Green Ship of the future
Green ships of the future is the goal for a new Danish development project, where a number of actors on the Danish Maritime scene have joined forces in order to improve the energy consumption of ships in the future. The ...
- A. P. Møller-Mærsk sells of another AHTS
A. P. Møller-Mærsk has sold its last AHTS supply vessel of the L-type to the Dutch operator ITC, Ijmuiden. The ship is M'rsk Launcher, which will be taken over at the end of April and renamed Bluster. The ...
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| APRIL 11, 2008 |
- Houston flirts with $500 bunkers
Crude at all-time high this week but marine fuel now falling below record levels.
- S&P warning on outlook for shipping
Escalating bunker costs and recession fears among factors putting European transport sector under pressure.
- Bunker market report from Praxis
- Black Sea service comes back
Black Diamond Bunkering ready to resume offshore deliveries 'at any location' in the Black Sea.
- Bunker alert over Panama stems
Ships report fuel pumps seizing and problems with injection systems.
- Cruise passengers hit as bunker prices rise
Travel agents say fuel charges are beginning to curb business in wake of latest hike from Carnival.
- Rotterdam market little changed
- 'Bunker tank' legislation reaches US Senate
Ships carrying 'large volumes of fuel oil' as bunker fuel need double-hulls, says US senator.
- Kandla bunkering project moving forward
Tender will be open to local and foreign developers.
- High bunker prices hit Indian operator
But Shipping Corp of India confident that US economic downturn will not hurt shipping industry.
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