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| APRIL 16, 2008 |
Shipping News
- Scientists blame faulty rivets for Titanic doom
Scientists have discovered that the builder of the Titanic struggled for years to obtain enough rivets and riveters and ultimately settled on faulty materials that doomed the ship, which sank 96 years ago yesterday.
Strait Talk
- Providing support to seafarers
LOOKING at Singapore's massive container ports, especially from high up on the Sentosa cable car, you get an overwhelming impression of powerful technology at work on the grand.
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| APRIL 16, 2008 |
- MISC joins Maersk on NZ run while in PIL, MOL, OOCL, NYK alliance
- CMA CGM thanks Sarkozy for sending forces to free pirate captives
- Shanghai expected to overtake Singapore as largest container port
- Haiphong Shekou Express service calls at SCT in Shenzhen
- Sacramento gets another US$10 million to dredge 43-mile channel to 35 feet
- ASF Ship Insurance Committee meet to review UNCITRAL convention
- St Petersburg seaport down 11pc to 2.4 million tonnes in Q1
- Delta, Northwest boards okay merger creating world's biggest airline
- TNT Airways to launch Liege-Singapore-Shanghai freighter services
- China Eastern Airlines to offer daily Nanchang-HK flights in May
- China Southern Airlines opens Harbin-Korea weekly service
- Qingdao Airport air-truck intermodal service expanded to cover Shandong province
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| APRIL 16, 2008 |
- TKPL forays into heavy lift freight forwarding
- India, Australia agree on terms of reference for FTA study
- India, Brazil cooperation to enter new era
- Coimbatore ACC hikes cargo handling charges
- Nagpur airport's terminal bldg dedicated to nation
- Arshiya International obtains licence to operate box trains
- At 10-m draught, 30,000-DWT ships can traverse Palk Bay
- Major Ports handle 519 million tonnes in 2007-08, notching up 12 pc growth rate
- Kerala govt earmarks Rs 25.7 cr. for vizhinjam port
- 7 new ports to dot TN map with private players' help
- Ficci, govt in JV to boost investment
- EEPC criticises latest service tax refund decree
- 1-year limit for duty refund on anvil
- Essentials exports in inflationary times tempered with 'specific' clause
- Modify service tax proposal on ULIP, Ficci urges Finmin
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| APRIL 15, 2008 |
- Olaf Bienek is new chairman of DSLV
- CMA CGM wins Marseilles repair dock tender
- US merger forms world's largest airline
- Tampa Cargo sold to Avianca
- Ceva Logistics works for Piaggio
- UK: visit the ITJ at Multimodal 2008
- Intermodal South America 2008, Sao Paulo, 15-17 April
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| APRIL 15, 2008 |
- Violent attacks in S China sea
- Farstad secures funds for newbuilding
- Ocean HeavyLift ships set for Singapore
- Dubai support boat's first year
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| APRIL 15, 2008 |
- Georgiopoulos launches Green Maritime Partners
- IMO's Mitropoulos endorses French anti-piracy proposals
- India's L&T inks JV agreement for $750 million shipyard complex
- LHD-8 woes hit Northrop Grumman earnings
- ODIM books contract for robotic anchor handling system
- USCG eases armed guard requirement
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| APRIL 15, 2008 |
- Excel seals Quintana takeover
EXCEL Maritime completes merger with Quintana, creating one of the world's largest dry bulk fleets.
- Excel merger with Quintana could be sealed early
- Petrobras vessel spree a boon for Brazil yards
OIL giant's plans to double offshore supply vessels on time-charter set to add another $6bn to Brazilian yards' orderbooks.
- Eurogate plans E1.1bn of investments
JOINT venture aims to accommodate very large container ships of 10,000 teu and above.
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| APRIL 15, 2008 |
- Le Ponant six face French justice
A FRENCH state prosecutor has opened a preliminary judicial enquiry against six pirates arrested by French armed forces in Somalia on Friday.
- Latin Am braces for larger ships
LATIN American container ports must rapidly adjust to ballooning vessel size while 'slow steaming' may also change the market, the South America Logiport Conference has heard
- Horizon anxious for shortsea role
HORIZON Lines is eager to launch a shortsea operation in the US and has already mapped out the course for the venture
- Short-sea shake-up forecast
A EUROPEAN recession could lead to consolidation in the short-sea shipping sector, a senior industry leader says
- DSR to expand in Baltic
DEUTSCHE Seereederei (DSR), the Rostock based shipping line, plans to expand its interests in the Baltic by establishing three container terminals, according to a report in Ostsee-Zeitung
- MOL charters LPG quartet
MOL has today signed a timecharter agreement with Gulf LPG of Qatar for the first of four LPG carrier newbuildings being built by HHI
- NCC eyes JWP stake
RUSSIA's National Container Company (NCC) is expected to take an 18.2% stake in the planned JadeWeserPort at Wilhelmshaven, Germany, by 30 June this year.
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| APRIL 15, 2008 |
- Horizon chief backs Marine Highway plan
Chuck Raymond says the company is working with unions to develop a labor model for a coastal feeder network.
- U.S. waiving armed guards mandate for some ships
- Project carrier adds new call at Port of Philadelphia
- Genesee & Wyoming buys Rotterdam port rail operator
- Merger for Delta, Northwest
- Hyundai Merchant Marine upgrades Asia-Mideast
- Unisys gets LA TWIC pact
- Lines open India-China service
- 2011 open for German port
- Deutsche Bahn IPO planned
- Detroit port opens season
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| APRIL 15, 2008 |
- Zim strengthens its coverage of South America with upgraded services
- Team Lines challenges cleaner fuel recommendations
- PSA orders 79 'green' RTGs to cater for port expansion
- Maersk adds buffer to West Med service by cutting Valencia
- Oil price spikes to USD114
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| APRIL 15, 2008 |
- Finnlines investor revolt
AGM ends in disarray after top pension fund moves against Grimaldi led board.
- Georgiopoulos goes green
Genco boss dips into his own pocket to set up new environmentally focused fund.
- Croats want time and money
Loss-making shipyards want $1.9bn handout and seven-year grace to meet EU standards.
- HHI cements top spot
South Korean shipbuilder controls more than a tenth of the global orderbook, figures show.
- Splosna splashes
Slovenian bulker player said to have snapped up pair of units for $126m but remains mum on details.
- Citi slashes Cosco Corp
Fears over more contract cancellations prompt US investment bank to slap 'sell' rating on stock.
- BW leads the charge
Oslo-listed player leads the offshore charge as its stock gains on anticipation of FPSO deal.
- Nobu set for windfall
Taiwanese owner set to make over $250m profit on resale of drilling units in less than 18 months.
- China Merchants minted
Large costs increase offset by even larger revenue rise as home market lifts port and box operator China Merchants.
- Singapore sees box growth
Both PSA and Jurong handled more containers in the first quarter compared to the same period in 2007.
- Tallink sells Fantaasia
Estonian ferry group lets 1970s built unit go to Kystlink in $27m deal.
- Man vanishes from ship in Texas
Land- and sea-searches begin after 27-year-old reported missing from product tanker near Bolivar.
- Bulker demand still strong
New figures from Japanese yards show continued demand for dry tonnage, despite large order book.
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| APRIL 15, 2008 |
- Marine tech group warns ship CO2 estimates way too low
- Excel, Quintana merge dry bulk fleets
- Zim changes port rotation on SA service, adds feeder
- Buckley, Yu promoted at Evergreen
- Delta, Northwest agree on merger
- Lufthansa opens "animal lounge" in Frankfurt
- Calif. finalizes $3 billion payout of infrastructure bond money
- STB questions shuttered Oregon rail line
- Palmer to retire as head of Waterways Council
- Taiwan lawmaker questions container security expenditures
- Chile accepts U.S. poultry shipments
- Indian shippers complain of excessive detention charges
- Hawaii to track produce "farm to market" with RFID
- YRC Logistics opening office in Buenos Aires
- Robinson joins Choice Logistics
- DCT Gdansk appoints new CEO
- New security manager at Houston port
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| APRIL 15, 2008 |
- France wants to see pirates in French court
New details have emerged concerning the hijacking of the French cruise vessel Le Ponant off Somalia. According to the Master, the crew detected a vessel appearing to be a Korean or a Taiwanese fishing ship. When changing course to avoid ...
- Norwegian rust bucket detained by USCG
On 13 March the Norwegian flagged general cargo vessel Tristein, built in 1993, was detained by the US Coast Guard (USCG) in Houston, Texas. The Tristein is controlled by Pedersens Rederi i Tönsberg, managed and operated by Nordic Maritime Services ...
- Former Maersk boss slams change of crew
The former CEO of A. P. Moller Singapore, Ib Fruergaard, has sent a open letter to the Danish public from his current position as head of shipping in Titan Petrochemical Group in Hong Kong. In it he wonders why Danish ...
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| APRIL 15, 2008 |
- Durban moving away from ex-pipe deliveries
Full switch to barge deliveries may be seen before the end of 2008.
- IBIA vice president runs London Marathon
- Singapore container terminals show strong throughput
- Durban fuel oil pipeline reopening
Supply of fuel oil to Durban harbour returning to normal after leak.
- Bunker market report from Praxis
- Chinese oil demand growth not extended to fuel oil
Report predicts 5.5% annual growth in demand for oil products.
- Bunker pollution alert ferry to be dismantled
Ro-ro ferry to be broken up on UK beach where it lies.
- Fuel oil tender cancelled
Singapore-based traders say cargo would have done 'little to help' the market.
- Singapore sees record 'bunkers-only' vessel calls
Market players say more vessels have been calling at Singapore to buy bunkers because of higher prices in Fujairah.
- Mexican oil ports closed due to bad weather
Any extended closure could further drive up oil prices.
- Supplies of Indian 180 cst product resume
Gujarat ports seen product return sooner than expected.
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