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| JUNE 17, 2008 |
Shipping News
- S Korea construction drivers protest rising fuel prices
More than 23,000 South Korean construction industry drivers went on strike yesterday, joining truckers in a protest over rising oil prices which has intensified pressure on President Lee Myung-Bak.
- Poland must revise shipyard sale plan: EUCC
European Union Competition Commissioner Neelie Kroes said that Poland must overhaul a plan to sell state-owned shipyards or she may force the government to take back billions of dollars of subsidies.
- Persian Gulf tanker rates likely to rise
The cost of shipping Middle East crude to Asia, the world's busiest route for supertankers, may climb on signs Saudi Arabia may ship more oil.
- Daewoo gets drill ship order
- Pacific Basin rises to 2-week high
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| JUNE 17, 2008 |
- MOL to base US south Atlantic port activities at TraPac Jacksonville
- Hapag, CSCL, Maruba launch service from Asia to South, West Africa
- Shandong province April trade value up 46.9pc
- St Petersburg's Petrolesport up 11.8pc with boxes, ro-ro, reefers leading
- Dubai World to buy Wal-Mart's Gazeley for US$585 million
- Hamburg Sud welcomes Rio class vessels into fold
- Hanovia claims more accurate ballast water analyser
- GS1 Hong Kong offers complete chain visibility with 'ezTrack'
- TransContainer and Kazakhstan's Temir Zholy to set up JV
- Dragonair raises funds for Sichuan quake victims
- Bankruptcy judge says US$600,000 bonus for Aloha's ex-CEO is too much
- DHL expands presence in Macau with new office
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| JUNE 17, 2008 |
- Maersk Line docks at west Pearl River port of Nansha on new AE1 service
- Evergreen Line launches Adriatic Feeder Service
- Grand Alliance takes green route in EU1 service
- Hanjin Shipping to launch new Malta/Adriatic feeder service
- Maruba, Hapag-Lloyd & CSCL join in Far East-West Africa service
- BBC Chartering commences US-Arabian Gulf service
- Hamburg Süd's 5,900-TEU containership christened Rio de Janeiro in Korea
- Rotterdam to take delivery of 11 more box cranes this year
- Georgia Ports Authority wins Bronze Anvil Award
- Superb business in supertankers
- US box scanning rule a financial burden on trade partners
- Soaring freight rates putting export target beyond reach
- New ball game for SCI
- ESL charts a course in transporting HK's artworks in containers
- Headway in edible oil imports
- India gets forex kick out of world's growing tobacco habit!
- MICT CFS crosses a milestone
- World Customs body considers US' 100 pc container screening impractical
- 4 airports in Karnataka get in-principle nod
- Inflation at 7-year high of 8.75 pc
- India, China still shining amidst global economic gloom-survey
- CoS to study need for maize export ban
- Inputs sought from GSP beneficiaries for incorporation in EU's 2009 scheme
- IBC holding 2-day workshop on ex-im policy nations-Economist
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| JUNE 16, 2008 |
- Andries Waalberg new country general manager at TNT Swiss Post
- New port planned in Brazil
- New Iata forecast
- Freightliner to be acquired by Arcapita
- Record results for Röhlig group
- China and Taiwan open skies
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| JUNE 16, 2008 |
- Stolt-Nielsen, Gulf Navigation in JVs
- Moller Maersk buys all of Swift Tankers
- Imarex trades BDI futures
- P&O set for biggest Channel ferries
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| JUNE 16, 2008 |
- Daewoo wins $669.3 million drillship order
- Todd Pacific gets icebreaker work
- Genco on bulker buying binge
- Northrop Grumman names three shipbuilding VP's
- IMO GHG panel meets
- Mixed news from Blystad FPSO venture
- FSLT acquires second Yang Ming ship
- ASRY reports record revenues
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| JUNE 16, 2008 |
- Matson plans to raise number of fuel surcharges
- Horizon Lines introduces new environmental program
- Washington State Ferries schedules public workshops
- Highway modifications begin for Deltaport third berth project
- Electric Boat nets Navy job to modify nuclear submarines
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| JUNE 16, 2008 |
- SSY capesize index tumbles
SIMPSON, Spence & Young's pacific capesize index has fallen by a third in one week.
- Correction in capesize rates to continue
- Damen bags $282m order from OMG
OSLO Marine Group buys six combi freighters and four boxships from Dutch shipbuilder.
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| JUNE 16, 2008 |
- Iran confirms floating oil reserves
IRAN'S National Oil Co (NIOC) has officially confirmed that it is holding crude oil reserves at sea, although it has refused to confirm the number or the identity of the vessels involved or the amount of crude stored.
- Fourth phase for Argentina strike
THE CONFLICT between farmers and Argentine authorities is at its lowest point since the crisis began when the government decided to sharply increase export taxes on agricultural products
- Barge sinks with $24M cargo
A BARGE loaded with almost 3,000 tonnes of copper sank on Sunday at the Dudinka river port in the Russian Arctic
- Investors overselling drybulk?
THE sell-off of drybulk stocks is the result of investors placing too much emphasis on the Baltic Dry Index (BDI) and macro pressures, argues analyst Urs Dur of Lazard Capital Markets
- Horizon goes green
US-based Horizon Lines and Horizon Logistics have instituted a new initiative called 'Horizon Green' to address the marine environment, emissions, sustainability and carbon offsets
- California emissions fight: Round 2
CALIFORNIA'S Air Resources Board (ARB) is launching a new attempt to regulate emissions of ships within 24 n-miles of state shores following a court defeat of its earlier plan
- Haulage strike hits Colombian ports
MAJOR Colombian ports are facing closures after meetings between the government and Colombia's haulage interests ended without agreements
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| JUNE 16, 2008 |
- FMC clears LA-LB clean-trucks plan
Agency will allow S. California ports to work with marine terminals on implementation of a controversial clean-trucks plan.
- CARB tries again on 24-mile jurisdiction
- U.S. meat exporters feeding growing global markets
- Portland volume recovers
- Korea beef talks resume
- Hapag-Lloyd, CSCL, Maruba launch Asia-Africa service
- Truckers halt Spain strike; France faces new protests
- Revenue flat, TEUs weaker for Intercontainer-Interfrigo
- JPMorgan, Asia bank share risk to boost trade
- Safmarine names two ships
- Evergreen switching NUE to APM Terminals in Virginia
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| JUNE 16, 2008 |
- Now US doubts 100% scanning feasibility
- Global fuel protests escalate
- Safmarine boosts fleet
- Maersk muscles in at Felixstowe
- Zim IPO deferred after Q1 loss
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| JUNE 16, 2008 |
- Bunker bonanza
Denmark's OW group buys six fuel tankers as part of $100m fleet upgrade.
- Marinakis victory
Greek owner prevails in key ship sale dispute with PT Berlian Laju Tanker.
- Deathboat
Two died through missing lifeboat parts and poor maintenance by crew on Forest-1, report says.
- Fixed rates
Did players hold back capacity sending capesize rates soaring before they took a dive?
- Arpeni plenty
Indonesian owner secures $150m for four-ship bulker newbuilding order.
- Aramco buys big
World's largest oil company inks 10 offshore units at a domestic shipyard.
- Chemical brothers
Gulf Navigation and Stolt-Nielsen form joint-venture duet to own chemical tanker sextet.
- Forex fever
Polemis brothers $383m of foreign exchange trades revealed appetite for risk and speculation.
- Zim IPO on ice
Chilly market conditions finally see Israeli liner company's plan for $500m listing slip up.
- Fire guts vessel
Firefighters battle day-long blaze on support vessel berthed at Scotland's Leith Docks.
- Barge snaps
Norilsk Nickel unit breaks in two and sinks during loading at Dudinka, no one hurt.
- Maersk gets space
Container line pens 10-year deal with Hutchison Ports to make sure of boxship capacity in the UK.
- New yard plan
Indian entrepreneur and politican Rajeev Chandrasekhar eyes shipyard project at Vijaydurg port.
- STX shocker
Investors unsettled as news of $295m share offer sends group's stock plummeting across the board.
- Trico on track
US giant racks up further shareholder support for its DeepOcean takeover having built its stake to beyond 90%.
- Hanwha touts
Korean industrial group talks up its credentials for DSME stake and forecasts huge sales gains.
- Busan blockade
Fuel protesters warn South Korea's premier container port will be blocked off if their complaints fall on deaf ears.
- Hose ban
Three UK men jailed and barred from directorships over tanker hose price-fixing.
- DL adds route
Indonesian container line boosts domestic feeder business with run to Pontianak.
- Bodrum expands
Turkish owner launches new ferry service to Greek island of Samos.
- Feeling fine
Japanese shipbuilder IHI has not received notice of any penalties for correcting financial statements.
- More for DSME
South Korean shipbuilder sees orderbook swell following $672m drillship contract from Oceania.
- Mermaid upgrades
Aussie offshore vessel operator expects pretax profits to increase 40%.
- Repeat business
Aussie shipbuilder Strategic secures more work for Vietnam facility.
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| JUNE 16, 2008 |
- U.S. scan-all container law divides shipping lines, terminals
- Zim postpones stock offering
- Stolt Nielsen in joint venture with Dubai firm
- New Africa/Asia service announced
- New vehicle in container service to Puerto Rico
- Swiss WorldCargo adds Zurich/Shanghai flight
- Intercontainer reports flat profits for 2007
- MarAd: Floods won't seriously hurt barge industry
- Ag shippers say containers, timely capacity top issues
- Fung named ICC chairman
- CBP in El Paso finds untreated pallets in the stack
- Casey to give up seat on Expeditors' board
- FMC approves SoCal ports truck plan waiver
- Vietnamese port congestion the tip of the iceberg
- Poole named Jacksonville port's acting CFO
- CORRECTION: SFI report throws cold water on box scan law
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| JUNE 16, 2008 |
- Maersk and partners in new gas pool
Maersk Tankers has formed a new pool arrangement with several partners. The new pool is a VLGC ' Very Large Gas Carriers pool formed by Maersk Tankers, Transpetrol Maritime Services och Zodiac Maritime Agencies. Maersk Tankers and Zodiac are already involved ...
- DOF leaves Deep Ocean
DOF ASA has sold all their shares in Deep Ocean to American Trico Shipping. The price tag is NOK 32 per share and DOF will gain NOK 100 million from the sale. Last year DOF bought 39.75 per cent ...
- French government interested in Aker Yards
Aker Yards says that they through media has been informed that the French government is interested in buying 34 per cent of the shares in Aker Yards France, after discussions with STX. Aker Yards France includes the yards in Loreant ...
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| JUNE 16, 2008 |
- Global supplier brings new vessels on stream
O.W. Bunker has brought 12 new vessels on line in the past 12 months.
- Oil touches new high near $140
Late gains also pushing Rotterdam bunker prices back toward all-time highs.
- IMO to hear call for speed limits, emissions trading
UK transport secretary will tell IMO meeting that more must be done to tackle emissions from shipping.
- Jamaica's bunker sector 'could grow'
Jamaican authorities want maritime sector to expand.
- Fuel oil from China heads to Hong Kong bunker market
High prices have cut Chinese fuel oil demand.
- Rotterdam market stable
- Singapore bunker prices soften
Traders expect prices to fall for the rest of the week.
- Singapore shipping wants IMO lead on emissions
Singapore Shipping Association warns that a 'free-for-all will raise the cost of doing business.'
- Saudi Arabia to boost oil output in July
Saudi's King Abdullah 'willing to do all' to bring prices down to 'appropriate' levels.
- Singapore bunker prices up ten-fold in 10 years
Bunkerworld marks its 10th year of posting Singapore bunker prices.
- Higher bunker cost sends cruise firm into the red
Finnish cruise firm reports a 52% surge in bunker bill.
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