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04 August 2020 The on-line newspaper devoted to the world of transports 18:43 GMT+2

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The Business Timesweb site
JANUARY 17, 2008
Shipping News
  • Hanjin to invest US$2b in Philippines' biggest shipyard
    SOUTH Korean shipbuilder Hanjin Heavy Industries and Construction Corp has signed a deal to build the Philippines' biggest shipyard in the southern part of the country.
  • Freight rates seen rising in June after ore talks
    Shipping costs for iron ore, coal and other commodities may rebound in the second half of this year after annual iron ore price talks are completed, CIMB-GK Research Pte says.
  • Canberra, Tokyo join whaling fray
    A high-seas standoff between Japanese whalers and militant anti-whaling activists in the icy waters of the Antarctic drew the governments of Australia and Japan into the fray yesterday.
  • Mitsui OSK dives 5.4% as shipping lines hit
  • France to build military base in Abu Dhabi by 2009

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Sched Netweb site
JANUARY 17, 2008
  • USL-ANL shakes up South Seas services post CMA CGM takeover
  • North Europe container volume posts double-digit growth in 2007
  • Shenyang to build largest inland port logistics centre in northeast China
  • UASC takes delivery of 1 of 8 x 6,000-TEU ships from HHI
  • Beijing-Hamburg freight train tests Eurasian Land-Bridge
  • Zim strengthens East Africa Service (EAS) to beat rising congestion
  • Qantas given 15 days to pay US$68 million fine for price-fixing
  • Boeing delivers Continental Airlines its first 737-900ER
  • Mainland millionaires vote for Dragonair in Best of the Best Awards

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Exim Indiaweb site
JANUARY 17, 2008
  • GE Shipping contracts to sell another product tanker
  • Great Offshore buys UK oil rigs firm
  • APMM Group reengineering corporate HR structure
  • Low crop yields overseas give chilli exporters the edge
  • Gems & jewellery exports retain lustre
  • STC to import 1.4 lakh tonnes of yellow peas
  • Bumper wheat crop may whittle down imports
  • Kandla Dock union members inspect 8 ships during FoC Action Week
  • Greece port workers strike against privatisation move
  • Arshiya Int'l getting on track to operate container freight trains on pan-India basis
  • CII institute to hold 3-day training on warehousing & inventory management in Chennai
  • CMIE predicts 9.1 pc GDP growth in 2008-09
  • CIAe chief sees curtains closing on clothing industry with exports plummeting
  • Single bank account for ex-im trade from April 1
  • Seminar on 'India, China, US triangle'
  • Round table on trade ties with Bhutan
  • Advisory board on UK-India trade formed
  • Dr S. Gangopadhyay is new Adviser to FM

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Maritime Global Netweb site
JANUARY 16, 2008
  • Total, Rina and Erika's owners "guilty"
  • Round Table accepts tougher emisisions standards by year's end
  • LR in new bunker buying software launch

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Marine Logweb site
JANUARY 16, 2008
  • CNO: LCS will be workhorse of Navy
  • Stricter Seaway ballast water management requirements
  • COSCO announces new rig building yard
  • USCG completes bridge allision investigation

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World Wide Shipperweb site
JANUARY 16, 2008
  • Two firms to begin dredging Snohimis River navigation channel
  • Tacoma, Olympia port boards schedule joint study session
  • NYK Logistics buys Bruni International
  • Public comment period extended for Bellingham waterfront project
  • MOL vessel call marks start of service to Port of Tacoma

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Lloyd's Listweb site
JANUARY 16, 2008
  • Total and Rina found guilty of Erika spill
    Court finds oil major guilty of 'imprudence' and also fines class society, owner and manager for 1999 spill
  • Court to deliver Erika verdict
  • European ship recycling industry 'not feasible'
    EUROPEAN shipbreaking won't be able to compete on cost with south Asia, says Cesa.
  • Clarkson makes £6m provision
    SHIPBROKER puts provision in accounts relating to $67m claim by Sovcomflot and Novoship.

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Fairplayweb site
JANUARY 16, 2008
  • Erika: Industry guilty, master acquitted
    A court in Paris has ordered French oil group Total, Italian classification society RINA and the Italian owner and manager of the tanker Erika to pay damages and compensation totalling €192M ($284M) to Brittany local authorities and the French state for their role in the Erika disaster
  • APL touts 53-footer success
    APL chief executive Ron Widdows reports high customer demand for his line's oceangoing transport of 53ft US domestic containers
  • Cargo ship sinks off South Korea
    PANAMA-registered general cargo vessel Sun Castle sank today approximately 97km off the coast of South Korea
  • LNG hike won't stop terminal plans
    SINGAPORE'S Trade and Industry Minister says the Republic still plans to build an LNG terminal despite soaring prices for the commodity
  • Brazilian ore price ready to rocket
  • Box market unfazed by bad omens
  • SSW yard to be sold
  • Protestor action could be 'piracy'
  • Hope fades for 11 missing seafarers
  • Maritime ministry faces the axe
  • Hyundai to build new drydock

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The Journal of Commerceweb site
JANUARY 16, 2008
  • Washington state container fee stalls
    Legislature study on a controversial container fee has been delayed for at least six months, and the issue probably won't be decided this year.
  • Philadelphia port group loses round in court
  • USTR seeks comments on foreign intellectual property rights
  • Prince Rupert cargo up 37%
  • U.S., Ghana strengthen trade ties
  • Lakes tonnage declines
  • Opinion: Corzine's NJ toll plan hits truckers, port
  • Decision in Boeing-Airbus subsidies case delayed
  • Marseilles tops 1M boxes
  • Ireland plans deepwater port
  • Strikes won't block sale of Greek box terminals

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Containerisation Internationalweb site
JANUARY 16, 2008
  • Libra boost Santos rail route
  • TUI to 'implement legal merger' of Hapag-Lloyd
  • Hong Kong shipping shares tumble
  • HMM appoints new ceo
  • Security problems forces halt to Maersk calls at Onne, Nigeria

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TradeWindsweb site
JANUARY 16, 2008
  • CCNI launches new service
    Chilean container liner's new Pacific Caribbean (Pacar) service will connect the west coast of North and Central America with the Caribbean and Mexico's east coast.
  • DryShips defers split
    Economou-controlled bulker owner decides to hold off on a planned three-for-one stock split.
  • Another dry drop
    US-listed bulker owners continue tailspin with steep morning declines, with Quintana Maritime losing roughly 20%.
  • Ever Radiant grounds
    A containership is re-floated after running aground while leaving the port of Savannah, Georgia.
  • Lie gets the door
    Marianne Lie has lost her job as the Norwegian shipowners' top lobbyist after a losing battle against retroactive taxes.
  • Quintana deal doubted
    As dry-bulk stocks dive, an analyst says Quintana's lead in the decline could mean the market doubts the reported deal with Excel Maritime Carriers.
  • RINA will fight Erika ruling
    Italian classification society questions judge's decision and vows to vigorously defend its interests.
  • US buyer closing in
    An unnamed US buyer is in advanced negotiations to buy the New Jersey ferry owner from bankrupt Sea Containers.
  • Total recall
    French oil major Total says "I'll be back" with appeal against ruling that it shared responsibility for Erika disaster.
  • Total fined in Erika ruling
    Owner, manager and Total rapped by French judge in ruling over Erika sinking.
  • US yard pays out
    Thames Shipyard and Repair Co shells out $787,011 to settle pollution claim.
  • Prinsendam gets makeover
    Holland America Line pumps $20m in enhancements to the 794-berth cruiseship.
  • 10 missing off Philippines
    A further 10 crew members rescued after Taiwanese-owned multi-purpose vessel sinks.
  • Erika timeline
    With the final court case judgements due on Wednesday, click here to read how the disaster and subsequent legal battles developed.
  • Caspar back at Krasnoye
    Azeri state owner orders sixth 19,600-dwt tanker at Russian shipyard.
  • UK draws up Ice Prince plan
    Maritime agencies trying to limit oil, cargo loss as light sheen spotted on sea off Portland Bill.
  • Hutchison in for Bremore
    Terminals giant brought on board to develop EUR 300m deepwater port on Irish east coast.
  • Protest hits Channel services
    SeaFrance and P&O have both suspended ferry links between Dover and Calais due to action by fishermen at the French port.
  • Trada teams up with Asahi
    Indonesian shipmanager brings in Japanese tanker owner for port services operations.
  • Heavyweights slug it out
    South Korea's shipbuilding giants are fighting for control of the nation's largest logistics firm, Korea Express.
  • Dry-bulk not lost its Zhang
    China Cosco Holdings secretary predicts 10% rise in dry-cargo rates this year with demand still outflanking supply.
  • Clarkson makes claim provision
    London broker enters '6m provision into annual accounts over $67m claim by Sovcomflot and Novoship.
  • EU probes Irish tax
    Europe to investigate changes which will allow 100%-chartered fleets to benefit from flat rate.
  • FPSO fight for BW Gas
    Hess wants damages for alleged breach of sales terms after buying Ceiba Sendje in 2004.
  • Laker aground in winter lay-up
    US-flagged vessel strikes underwater object and suffers damage at Lake Superior port.
  • GE sells elderly panamax
    Indian owner cashes in on single hull product tanker less than two weeks after selling its sister ship.
  • Yangzijiang eyes buyback
    Singapore-listed Chinese shipbuilder plans to purchase up to 10% of its stock amid share price slump.
  • Arpeni firms up bonds plan
    Indonesian owner to sell up to $79m of notes to repay other debt.
  • Yang Ming orders five
    Taiwanese liner operator books a series of 4,500-teu ships at compatriot shipbuilder CSBC.
  • ASL inks Euro orders
    Singapore-based shipbuilder to build seven vessels worth SGD96m for unidentified shipowners.

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American Shipperweb site
JANUARY 16, 2008
  • EC investigating planned changes to Irish tonnage tax
  • Seacastle plans to raise $290 million in stock offering
  • FSL Trust exceeding IPO expectations
  • Zim France opens Le Havre office
  • Ship sinks at Duluth pier
  • Congressional panel calls for 25-cent gas tax hike, container fees
  • United Fresh sets up international advisory council
  • Best Buy awards Kuehne + Nagel China contract
  • New president takes office in Guatemala
  • CEVA Logistics names Aldridge EVP of new business unit
  • SEKO promotes Sinker
  • Class action suit filed against forwarders
  • Famous Pacific Shipping lands Sri Lanka project cargo deal
  • SoCal ports pass new $15-per-TEU container tax
  • France plans port privatization
  • Rickmers buys stake in Genoa terminal
  • Marseilles-Fos breaks 1 million-TEU barrier

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The Scandinavian Shipping Gazetteweb site
JANUARY 16, 2008
  • Stricter enforcement of Port State Control
    Since the turn of the year Holland applies stricter enforcement of reporting requirements for certain vessels to report they have had en Mandatory Extended Port State Controll by a EU member of the Paris MOU within the last twelve months ...
  • Fierce battle to use new MTBs
    A political battle royal is about to take place about the future of Norway's new catamaran MTBs. Members of the Storting (national assembly) defense committee visited B'tservice at Mandal this week at the launch of the fourth of six MTBs ...

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The Bunker Bulletinweb site
JANUARY 16, 2008
  • Bunker prices spoil Carnival year
    Cruise line hit by climbing fuel costs, seeing little relief in 08.
  • French court convicts oil major of maritime pollution
    Total and three other defendants to pay $285 million in damages for Erika fuel oil spill.
  • IMO panel supports 'increased distillate use'
    Unconfirmed report says 'panel of experts' backs a move away from residual fuel and scrubbing solutions.
  • Dry bulk rates 'set to rise'
    Operator of the world's largest bulk fleet says Chinese demand will keep rates firm.
  • Bominflot takes control of US Joint Venture
    Global supplier and trader assumes 100% ownership of US East Coast supply operation.
  • Rotterdam market very quiet at midday
  • ExxonMobil offers Yanbu fuel oil cargo
    Cargo offered amidst tight supplies in the Middle East.
  • Chimbusco's bonded sales break 3 million mt
    Booming trade seeing bonded sales matching company's forecast.
  • Taiwan bunker sales dip in 2007
    CPC has been exporting fuel oil at expense of local bunker market.

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