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| APRIL 15, 2008 |
Shipping News
- South China Sea headed for troubled waters
Polluted, crossed by busy shipping lanes and disputed by many countries, the South China Sea has taken an environmental battering that threatens future food supplies, marine scientists have warned.
- CIMC buys 3% stake in Goodpack for $22m
China International Marine Containers Co (CIMC), the world's largest maker of shipping containers, bought a 3 per cent stake in Singapore-listed Goodpack Ltd, a maker of bulk containers for storing and transporting commodities.
- S'pore box ports post strong Q1
Singapore's container ports had a good first quarter with PSA terminals here seeing a close to 12 per cent rise in throughput over the same period a year ago, while Jurong Port had a good run for March, notching up good increases in percentage terms.
- Daewoo wins US order
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| APRIL 15, 2008 |
- Carriers contemplate rate hike as Asia-Europe trade slips
- Tenth terminal 'needed by 2015' insists HK Government over industry objections
- US container shortage menaces American export boom
- French state-owned railway buy Geodis: report
- DHL Global Forwarding expands network in China
- Menlo Worldwide relocates Asia Pacific headquarters in Singapore
- Linde unveils new empty container handlers
- US downturn hardly hits Hactl as Q1 tonnage volume rises 6.5pc
- Delta, Northwest mull merger that would create world's biggest airline
- UAL appoints vice president for information technology
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| APRIL 15, 2008 |
- Maritime mandarins to spell out industry's growth potential at ICS seminar today
- RR Shipping handles export of 110 trucks through Chennai Port
- Strong MidEast growth buoys DNV's performance
- Juzar Mustan takes over as Chief Exec of Contract Logistics div. at AFL
- FSl's m.v. seven seas aurora makes maiden call at ABGkct
- Mercator Lines on course to acquire more dredgers & dry bulk cargo carriers
- Grand Alliance launches new European service
- TNWA, CMA CGM start joint MED service
- Evergreen Line to start JAS to US West Coast
- MOL to launch new ships & cut costs
- CKA service to drop Hong Kong from new loop
- Safmarine redeploys own vessels on US-South Africa trade
- K Line lands ISO 9001 accreditation for ship design
- IMO approves revised regulations for ship emissions
- Geodis Logistics shows green side in new logistics site
- Global launch of digital chart service in Singapore
- Fesco to spend $ 500 m on new vessels
- Panama Pacific entrance dredging contract awarded for $ 177.5 m
- China ports throughput to surpass 5.6 bn tonnes by 2010!
- Fesco to bolster foreign trade services, increase volume
- Hanjin to build box terminal in Jacksonville, Florida
- Russia wants closer trade ties
- Lift import curbs on animal products, WTO tells India
- Regulator for aviation sector on govt's radar
- 60 million internet users in India: December-end 2007
- Nath could have given a little more: Fieo
- Govt committed to implementing GST from April 2010-Revenue Secy
- Secretaries panel pitches for steel excise duty cut
- IT sector to be brought under Special Focus Initiative
- Industrial production spurts to 8.6 pc in February
- Foreign Trade Policy Analysis: Current Trends-By M. Sreedharan
- Chandrajit Banerjee named DG of CII
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| APRIL 14, 2008 |
- French forces catch Le Ponant pirates
- WOQOD gets set to bunker LNG ships
- Skaugen's "satisfactory" results
- UK Club's gas carrier DVD
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| APRIL 14, 2008 |
- Beedle named AMHS Deputy Commissioner
- Waterways Council seeks new President/CEO
- USCG Great Lakes cutters still breaking ice
- RN told pirates could seek U.K. asylum
- Seadrill wins $4.1 billion Petrobras award
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| APRIL 14, 2008 |
- City, Port of Tacoma starting up Fuzhou project
- General Dynamics NASSCO launches newest T-AKE vessel
- Shipper pleads guilty to dumping contaminated waste
- Oregon governor eyeing greener transportation plan
- Boeing begins final assembly of new 777 cargo airplane
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| APRIL 14, 2008 |
- France makes global force plea to tackle piracy
FRANCE to ask United Nations to set up a dedicated body to combat piracy off Somalia and in the Straits of Malacca.
- Attack on Le Ponant brings Somali piracy back into focus
- NCL close to offloading cruiseship trio
MIAMI operator appears close to finalising sale of three of its vessels to bidders including Pullmantur and the Louis Group.
- Box lines revamp New Zealand services
CARRIERS calling New Zealand set to remove tonnage as part of a major shake-up of services after freight rate slump.
- Why shipping shouldn't be a man's world
WOMEN are gradually, without creating any waves, playing a larger role in the maritime industry.
- Time to sort out Somali pirates
IT'S about time someone made some noise about Somali criminal gangs targeting seafarers and ships.
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| APRIL 14, 2008 |
- French swoop on Somali pirates
FRENCH special forces are reported to have detained six Somali pirates and recovered an alleged $1M in ransom money in an airborne raid after the pirates released the cruise ship Le Ponant.
- IMB praises French action
PRAISING French authorities for apprehending pirates involved in the Le Ponant hijack, the IMB's Piracy Reporting Centre has called for international action to ensure safe passage for ships through the Gulf of Aden
- Maersk ties up with MISC
MAERSK Line and MISC Berhad will jointly operate a fixed weekly service from South-East Asia to New Zealand
- Eurogate growls at Hamburg rates
GERMAN container terminal operator Eurogate is embroiled in a row over berth leasing rates with Hamburg Port Authority that may delay the modernisation of its 3M teu facility in Hamburg
- South Port dithering hurts Colombo
SRI Lanka risks losing transhipment cargo to rival ports if there are further delays in starting work on the Colombo new south port, the island's central bank has warned
- Hanjin set to absorb Keoyang
HANJIN Shipping is to take full control of Keoyang Shipping as a way of increasing its bulk shipping turnover.
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| APRIL 14, 2008 |
- Maersk Line and MISC Berhad plan Southeast Asia-New Zealand VSA
Vessel sharing agreement with Malaysian line will enable Maersk to maintain its existing service on that route.
- WTO chief: Doha deal in '08
- Scan-all a trade barrier: EC
- Maersk upgrades West-Med
- N.J. governor is asked to intervene on port
- Tacoma in China project
- 51,000 TWIC cards activated
- Japan-ASEAN pact done
- APM venture to develop Vancouver box terminal
- Pol doubts TSA cargo plan
- Evergreen tabs Buckley, Yu
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| APRIL 14, 2008 |
- MISC joins Maersk in NZ VSA
- Indian regulators pressure lines to end rate fixing
- Japanese dockers threaten 72-hour countrywide strike
- China's trade surplus down 10.9% in Q1
- FEFC raises eastbound rates again
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| APRIL 14, 2008 |
- Man vanishes from ship in Texas
Land- and sea-searches begin after 27-year-old reported missing from product tanker near Bolivar.
- Odoardo Amoretti dead
Daughter to take control of Italian chemical tanker group Amoretti Armatori.
- Banks and Quintana say yes
Shareholders have approved Excel's bid for Quintana and a $1.4bn line of credit has been syndicated.
- Skaugen battles costs
Higher revenues from strong demand in Europe and Southeast Asia almost undermined by costs in first-quarter at IM Skaugen.
- Cahuzac gets first day fortune
New Acergy boss bags $484,000 worth of shares as he steps in to CEO's seat.
- France fires warning shot
Government talking tough on piracy after military helped release hostages held onboard cruise vessel off Somalia.
- Suez roll continues
Traffic figures static but money continues to flow from the Egyptian waterway as income rises 18% in March.
- Fredriksen nets devil of a deal
Tanker tycoon's offshore arm takes contract backlog to $12bn after signing three newbuildings on six-year contracts.
- GSI yards ahead
Hong Kong-listed shipbuilder expects 50% leap in first-quarter profit from better efficiency and hedging.
- Manager denies collision claim
Manager of VLCC says allegations it struck and sank a fishing vessel leaving three dead and 13 missing "sound a bit false."
- Qatari gas tie-up
Q-Ship signs over 50% control of LPG newbuilding quartet to compatriot Nakilat though joint venture.
- Riverdance set for chop
Clipper ro-ro beached off UK to be dismantled in situ in the interests of safety and the environment.
- Daewoo bags drillship order
South Korean shipbuilder secured $568m contract to take its 2008 orders to $2.4bn.
- Varun behind Hercules buy
Indian owner has emerged as the buyer of DOF BOA 18,000-bhp anchor handler for $100m.
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| APRIL 14, 2008 |
- Lines tell Indian government they'll stop collective rate setting
- Hanjin merges with dry bulk subsidiary, plans expansion
- TACA holds line on bunker surcharge
- Maersk, MISC Berhad sharing ships to New Zealand, Australia
- French officials call for more antipiracy
- Fourth Aker American tanker delivered
- TNT invests in Southeast Asia infrastructure
- AA Cargo increases cargo weight limit on express service
- U.S. customs lawyers to provide 10+2 update in Japan
- FreightScan hires new research chief
- Jordan's Red Sea port to be moved and redeveloped
- DSR planning Baltic container terminal foray
- Seattle port: Deal for BNSF rail route to conclude by September
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| APRIL 14, 2008 |
- No strike on Swedish vessels
The Swedish Shipowners' Employers' Association and the two Swedish ship officers' trade unions have signed a new collective bargaining agreement covering the period 1 January 2008 to 31 January 2011. As a consequence, all notices of strike and lockout actions ...
- French cruise vessel free ' British navy warned not to detain pirates
The crew of the French sailing cruise vessel Le Ponant has been released by the pirates that hijacked the vessel off Somalia. The pirates later fled, but helicopter borne French commando soldiers apprehended six of them. The French state is ...
- USD 12 billion order backlog at Fredriksens Seadrill
Seadrill, listed at Oslo Exchange and controlled by John Fredriksen, has secured employment for three semi-sub drilling rigs currently under construction. Two rigs to be delivered at the end of this year and one during the first half of ...
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| APRIL 14, 2008 |
- IMO bunker proposals hailed as 'remarkable achievement'
Revision of MARPOL Annex VI represents 'convergence of fiercely-argued positions' says International Chamber of Shipping.
- Durban fuel oil supply affected following leak
Urgent pressure testing required to determine integrity of fuel oil pipelines.
- Bunker market report from Praxis
- Bunker calls stay high at UK port
Falmouth bunker calls boost port revenues but market sources say stem sizes have fallen.
- WOQOD steps up bunkering business
Looking at 'significant volumes' from Qatar bunkering facility after completing FOBAS quality project.
- Rotterdam market stable
- South African logistics company buys remaining Cockett shares
Cockett now wholly owned by Grindrod.
- Singapore: March bunker sales hit new high
Sales surge to 3 million mt despite high bunker prices.
- Philippine suppliers upgrading to double-hulls
Two local suppliers upgrade their bunker tanker fleet ahead of ban on single-hulled vessels.
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