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| JULY 15, 2008 |
Shipping News
- Eight Asian shippers to levy new bunker surcharge
IN what is proving to be a test case for not only container market conditions but also the pricing power of the lines in Asia, the majority of the lines on the Taiwan-South China route have unilaterally announced a 400 yuan per twenty-foot equivalent unit (TEU) emergency bunker surcharge on consignees in Hong Kong and South China.
- Jump in fuel costs may slow tanker growth
Frontline Ltd, the world's largest owner of supertankers, said a jump in fuel costs may spur owners to sail vessels more slowly to conserve energy, shrinking fleet supply and bolstering ship-rental rates.
- TNT stock rises on talks of FedEx takeover bid
TNT NV, Europe's second-biggest express-delivery company, rose by a record 29 per cent in Amsterdam trading after the Financial Times reported that US competitor FedEx Corp may make a takeover bid.
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- APM Terminals to start work on Black Sea CT at Illichivsk
- West coast dockers, employers resume talks on labour contract
- Fujian Foreign Trade Centre Shipping Company offers weekly Quanzhou to Manila service
- Tianjin's foreign trade value up 16.4pc in first 5 months
- Beijing trade value up 53.5pc in first 5 months
- Transpacific rates to stay under pressure, Europe-Mideast, China's rates to rise
- Maersk shuts down container depot at port of Mombasa
- Port of Kaohsiung starts tests on RFID cargo seal system
- Hactl tonnage climbs 5.9pc in first half despite US slowdown
- Aeroflot Cargo offers Almaty-Central Asia road haulage
- WFS wins Asiana ground handling contract in France
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| JULY 15, 2008 |
- MAERSK LINE & MCC introduce IA-4 service connecting China with Singapore, Malaysia & Indonesia
- OOCL launches new Haiphong-Kaohsiung feeder service
- APM Terminals & PSA win terminal licences in N. Morocco
- CMA CGM Group to operate Miami terminal in JV with APM TERMINALS
- CMA CGM reinforces management team
- MOL tests 'green' anti-fouling treatment on large vessels
- Panama Canal authorities extend bidding deadline
- Changes at MOL America's helm
- CTSA lines to hike BAF & CAF surcharges
- YANG MING LINE to deploy 8,200-TEU newbuilding on Asia-Europe trade
- CSCL may buy Shanghai-based port developer from parent
- HANJIN SHIPPING takes delivery of two new containerships
- Ficci to hold global meet on shipbuilding industry on July 30 & 31
- Mobile shipping container scale promises to cut mistakes
- Toxic-laden ship Clemenceau heads for UK scrapyard
- Tonnage of Indian-flagged vessels takes a plunge
- Evergreen Line's CPG2 service to call at Nhava Sheva from July 21
- Last-ditch bid to avert port strike today
- Singapore port data now on truck drivers' cell phones!
- National lighthouse tax now!
- Tuticorin Port celebrates 34th Foundation Day with pride in its stride
- KoPT to invite RFQs soon for building container jetties at Diamond Harbour
- Rlys hauls 9 pc more freight in April-June
- Maharashtra lags in job creation
- CII spells out formula to arrest industrial decline
- 7 Indian cos leap into Fortune 500 list
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| JULY 14, 2008 |
- DP World to run Aden terminal
- Skaugen's strong half year
- Horizon lines back tax break bid
- Tai Chong Cheang orders 2 capesizes
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| JULY 14, 2008 |
- Soot study targets tugboats
- Cornel Martin to be Waterways Council President
- W&O makes acquisition
- Aker Solutions to supply equipment for Odebrecht drillships
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| JULY 14, 2008 |
- Oregon governor calls on FERC to kill LNG site environmental report
- Mary Jo Muoio named president of customs brokers & forwarders group
- Coast Guard security unit has new commanding officer
- Port of Seattle stops sale of Lora Lake Apartments
- OOCL adding service calling Haiphong, Kaohsiung
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- Westports Malaysia volume remains on uptrend
BOX volume in the first half of the year rises 17% to 2.45m teu and is posed to hit 5m teu for 2008.
- Riedle makes quick exit from Glacier Insurance
RIEDLE, who was Glacier's chief executive of German operations for just four months, will be replaced by Tim Hofmeister.
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| JULY 14, 2008 |
- Who steers Russian shipping?
IGOR SECHIN is gaining more control of Russia's maritime sector, Fairplay 24 has learned. Kremlin-watching has always been a murky proposition
- Tamil arms smuggler sentenced
A FORMER Indonesian marine general has been sentenced to 30 months in a US prison for his role in a plot to smuggle arms to the Tamil Tigers insurgent group
- 13th Hanjin Subic worker killed
ANOTHER worker at the Hanjin HI shipyard has been killed over the weekend
- Drydocks World confirms funds search
DRYDOCKS World has confirmed it has begun a $2.2Bn fund-raising push
- Rolling Fuji sheds boxes
THE BOX SHIP Hermann Buss Maersk Fuji has lost containers overboard as it rolled heavily in swells at the entrance to Port Taranaki on New Zealand's North Island
- Titan to take pesticides off Princess
TITAN Savage has been chosen to retrieve the toxic pesticide carried by the sunken ro-pax Princess of the Stars in the Philippines
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| JULY 14, 2008 |
- ILWU opens caucus without new contract
Employers, union making 'slow progress' as ILWU delegates gather for briefing in San Francisco.
- TWIC sign-up 'assist' firms draw ire of House panel
- FMC ports ruling overturned
- Report: FedEx eyes TNT buy
- Ga., S.C. set port land deal
- CN cuts Halifax port trains
- Euro farmers hit Doha text
- Martin to lead Waterways Council
- Global demand fuels export sales of US, Canada ore
- Chennai hike for DP World
- New ship for Maersk Line
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| JULY 14, 2008 |
- PMA accuse ILWU of go-slow tactics
- PPC connects east and west coast South America for Cosco
- NCC to free up space in St Petersburg terminal via new handling equipment
- Paranagua strike on Wednesday
- Port Metro Vancouver unveiled
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| JULY 14, 2008 |
- Total control
Economou-led bulker owner now holds all shares of Norwegian driller Ocean Rig.
- 15 arrested
Crew of the Lina Panama with tens of thousands of tonnes of oil.
- Toxic leak
An LPG carrier is identified as the source of a toxic chemical leaked off Texas.
- Rig work stops
Petrobras facing five-day work stoppage at rigs that provide 80% of output. Two rigs are shut down.
- Pilgrim problems
East Shipping's Pilgrim 2 is among two ships detained in the UK in June, while the Pilgrim 3 finishes up a 38-day detention.
- Amity aground
A car carrier has been re-floated after grounding in Georgia's Brunswick River.
- Titan tapped
Crowley Maritime's Titan Salvage is chosen to tackle the Princess of the Stars.
- Davie CFO quits
Canadian yard is on the lookout for a new finance chief after the resignation of Audun Roneid.
- Drunk in charge
Inebriated master who refused breathalyser prosecuted and fined in UK under road traffic laws.
- SBM suffers
Dutch offshore player's stock takes a beating after Friday's profit warning.
- Yards shut
Turkish government closes three more Tuzla facilities on safety grounds.
- Confined alert
UK investigators urge industry action on 'unacceptably large fatality rate' from confined-space incidents.
- Timber in trouble
German ship Lehman Timber, freed last week by pirates, said to be disabled and drifting off Oman.
- Japan holds 23
Boxship owners Yang Ming and SITC feature on June detention list among 21 other vessels.
- Yard yearning
Seven Korean owners clubbing together to set up much-needed repair facility for domestic ships.
- Mipo nips in
HHI unit heads $750m ship finance move ahead of its parent.
- Tianjin tanks up
China's Tianjin Port Co sees share price rise as it predicts rise of up to 120% in first-half profit.
- Western warning
Fears rise as port employers accuse dockers of slowdown tactics in middle of contract-renewal talks.
- Another for Jinhui
Supramax specialist signs up for another unit at STX's Dalian facility for relatively cheap.
- Chang chips in
Evergreen founder pledges huge sum to build cancer hospital fronting Japanese technique.
- Number 13
Filipino worker becomes thirteenth to lose life since construction began on Hanjin's Subic Bay shipyard in 2006.
- More for Tanjung
Malaysian offshore vessel operator inks more anchor handlers at domestic shipbuilder.
- Hellenic buys
UK-listed Greek shipowner confirms acquisition of modern supramax bulker.
- Suez soars again
Revenue from the Egyptian waterway jumps by nearly a third, buoyed by more vessels and higher fees.
- $2.2bn wanted
Drydocks World will tap up to eight banks to refinance its 2007 Singapore expansion.
- HHI shy on DSME
Joint bid for large stake in Daewoo Shipbuilding of no apparent interest to Hyundai Heavy.
- Lisbon leverage
Poland hints at using signing of Lisbon Treaty as bargaining chip in battle to avoid paying back shipyard aid to Europe.
- Insider trading
Cosco Corp's ex-financial control Teo Chuan Teck agrees to pay SGD320,000 fine.
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| JULY 14, 2008 |
- Hamburg Süd expands to seven offices in China
- Hellenic adding to fleet with Supramax
- INTTRA links with Shenzhen EDI provider
- Maersk yard delivers third 7,000-TEU ship
- Cathay/Dragonair cargo volume up 4% over June 2007
- Gaines named president of Yellow Transportation
- Con-way receives top scores in EPA's SmartWay for 2007
- Indian logistics company Arshiya joins container rail gang
- Korean commodities price index hits record for 10th straight month
- DP World to manage Yemen container port
- Schwarzenegger reviews California container fee legislation
- New private port on India's East Coast to open
- Da Chan receives first Hong Kong feeder call
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| JULY 14, 2008 |
- New study pointing to lower global bunker consumption
Preliminary report from IMO working group suggests shipping's CO2 output is less than previously thought.
- Container trade under pressure from rising costs
Shipping lines see bunker surcharges as 'positive development'.
- 'Cleaner bunkers' would limit impact of new container terminal
Hong Kong report looks for ways of minimising environmental damage.
- Clarification regarding Bunkerworld article
- Pricey bunkers could slow down tankers again
Tanker rates shot up after 'several major owners' sailed slower late last year to save on fuel.
- Rotterdam bunker market stable
- Record bunker prices in key Asian ports
Bunker prices in Hong Kong, Busan and Tokyo Bay touch new highs.
- Singapore bunker sales volume continues to slide
Sales volume in June fall as record prices deter vessels from making 'bunkers-only calls'.
- Shippers ask government to block bunker surcharge
Surcharge could be considered 'illegal', claim shippers.
- Carriers to hike bunker surcharges
Rates for container trades in the eastbound and westbound trans-Pacific will rise in August.
- Sea transport costs rising 'significantly'
The East Asian shipping market could lose its competitive edge due to rising oil prices, report says.
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