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| APRIL 21, 2008 |
Shipping News
- Dalian Port profit down 3.3% at 611m yuan
Dalian Port , operator of China's largest crude-oil terminal, has posted a full-year profit drop of 3.3 per cent on lower interest income.
- French port workers strike continues
French port workers dug in on Saturday as unions extended strike action at the country's biggest cargo terminals in Marseille, Le Havre, Nantes and Rouen into this week.
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| APRIL 21, 2008 |
- World's biggest container maker expects demand to fall this year
- Upper Pearl, upper Yangtze tributaries to be upgraded for cargo
- Guangzhou Harbour Bureau sets up office in Nansha
- Prologis Suzhou facilities rented out, more warehouses to be built
- China Railway Erju expects net profit surge of 50pc
- Maxicon starts Myanmar-India-Bangladesh service
- ZIM revamps South America services
- Safmarine appoints Jonathan Horn regional executive
- TNT life sciences logistics reports eight-fold Singapore growth
- DCT Gdansk appoints ex-PSA man as new CT chief
- Continental posts first quarter loss of US$85 million
- Continental contemplates moves Delta-Northwest merger will change industry
- Korean Air to fly from Seoul to Munich
- Aeroflot and Aeroflot-Don post healthy results for Q1
- Decline in air cargo hits Baltimore airport with four-year low
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| APRIL 21, 2008 |
- APC-Group consolidates position in Indian market
- India's maritime growth potential discussed at well-attended ICS seminar
- Maxicon's Myanmar-India-Bangla direct service commences today
- Eligibility Criteria keeping shipping lines at bay?
- Concessions to Pak provided under SAFTA may be withdrawn-Nath
- Germany offers virgin eastern territory for investors, slew of sops
- Global retailers see India as most promising market
- Atanu Chakraborty takes over as GMB's Vice-Chairman
- Dedicated berth for Coast Guard in Kakinada port soon
- World's biggest airline takes off!
- New Delhi may dip into state allocations to refund local taxes to exporters
- No move to cut rubber import duty, says Minister
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| APRIL 18, 2008 |
- Wenzel new DCT Gdansk CEO
- VTE and SECH Genoa to exchange shares
- Lan Argentina with new plane
- Aeroflot Cargo serves Almaty
- CTL starts Poland-Germany boxtrains
- EWS launches new service to Scotland
- Panopa expanding in Poland
- UK: visit the ITJ at Multimodal 2008
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| APRIL 18, 2008 |
- CKYH agrees on service rationalisation
- Puerto Rico anti-trust probe
- Sulphur deal "one of IMO's finest moments"
- "Solid" results from Stolt-Nielsen
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| APRIL 18, 2008 |
- Hunley named Newport News VP of Operations
- Feds raid shipping company offices
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| APRIL 18, 2008 |
- Horizon Lines confirms Puerto Rico investigation
- US rail freight traffic posts gains during week
- New safety rules going online for hazmat shipments by rail
- TSA member carriers inking new contracts
- CKYH members meet to discuss future goals
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| APRIL 18, 2008 |
- Alarm bells over new generation of unsafe ships
INDUSTRY executives alarmed by falling construction standards amid rush to meet rising demand.
- Delivery deadline will strain yards
- Panama battles to clear canal bottleneck
TRANSIT times nearly double to a record 53 hours, while this week's backlog averaged 93 vessels.
- Federal agents raid US domestic lines
JONES Act liner services come under antitrust microscope for suspected pricing violations.
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| APRIL 20, 2008 |
- US liner rate probe widens
A FEDERAL investigation into ocean trade pricing broadened today as Matson Navigation's parent, Alexander & Baldwin, announced that it has also been informed that a subpoena will be coming from the Department of Justice.
- IMO urges governments to act
THE IMO's director of technical co-operation has reiterated the organisation's focus on the human element and dwindling crew numbers
- TSA says rates headed north
SIGNIFICANT rate increases, and increases in fuel surcharges, are being seen in the latest trans-Pacific liner service contracts
- Another marine hose guilty plea
ANOTHER guilty plea has been accepted by the US Justice Department in its probe into a case of conspiracy to rig bids
- 'Arms ship' blacklisted off Durban
SOUTH Africa's Transport Workers Union (Satawu) said last night that its members would refuse to unload cargo from the An Yue Jiang
- Athens courts London Greeks
THE Greek government is wooing UK-based 'non-dom' Greek owners with promises of fiscal stability and tax breaks.
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| APRIL 18, 2008 |
- Probe of Jones Act carriers widens
Justice Dept. subpoenas documents from Matson Navigation in widening probe of pricing practices on U.S. domestic ocean routes.
- Contract signings pick up in eastbound Pacific
- So. Calif. shippers urged to confirm trucking capacity
- FMC plans regular meetings
- WTO: Trade growth to slow
- More TWIC ports added
- "K" Line, Wan Hai join on intra-Asia loop service
- Seoul cuts U.S. beef deal
- Schenker adds second round-trip Dubai-Toledo flight
- EU trade chief: Last chance for Doha agreement
- Con-way profit falls
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| APRIL 18, 2008 |
- Will container terminals be forced to migrate inland?
This week in Duisburg, Germany, ocean carriers, intermodal service providers, shippers and importers gathered together on a Marquee-dressed quayside for the inauguration of the Duisburg Trimodal Terminal (D3T).
- Transpacific contracting off to a slow start
- Brazil's bottlenecks prove costly
- PSA Singapore beats off rival Hong Kong with Q1 throughput
- K Line teams up with WHL to launch its first direct service between Japan and Vietnam
- Montreal unveils 2020 plan
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| APRIL 18, 2008 |
- Clear-out continues at Eitzen
Norwegian owner sells another ageing chemical carrier, this time at a loss.
- Subpoena for Matson
The net has widened from Puerto Rico to the US West Coast in an FBI investigation of the US liner trades.
- Time to diversify
Global over-supply of yard capacity from 2010 prompts Japan's MES to look at other profit sources.
- IHB adds bulker duo
Bulgarian group orders two supramaxes at its own Varna Shipyard.
- Top slot for Henriksen
Norwegian Shipowners' Association recruits new managing director from Accenture consultancy firm.
- Corked!
It's all gone off in Ireland as parties queue up to bottle vintage Latvian timber ship over contraband while crew whine over pay.
- Cosco wins Indonesia bulker deal
Order for 10 coal carriers on the cards in tie-up with logistics player Global Putra International.
- OSM wins flotel deal
Norwegian shipmanager adds two new OceanHotels accommodation vessels to its fleet.
- Stolt gets thumbs up
Falling profits no concern as rising costs a 'standard phrase' for shipping companies, analyst says.
- Erria sells again
Danish owner offloads 60% stake in another of its modern chemical tankers.
- KSS directors dismissed
Kiribati transport minister sacks three execs at Pacific shipowner over rejected ship deal.
- Dalian profits slip
Hong Kong-listed port group sees 2007 returns drop as higher costs stamp our rising revenues.
- Jurong in Brazil tie-up
SembCorp Marine group agrees strategic alliance with Rio de Janeiro-based Mac Laren Shipyard.
- New UK link in the offing
Start-up Severn Seas to buy two Wightlink fast ferries for Wales-England run.
- Zim boosts South America links
Israeli container line to add calls at Venezuela and launch its own River Plate feeder service.
- Eleven plucked from Caribbean
Crew lifted from lifeboats unhurt after escaping their vessel which capsized in heavy weather.
- Scottish ferry aid probed
EU launches investigation into CalMac and NorthLink subsidies for "lifeline" island routes.
- ATM wins Vancouver deal
AP Moller-Maersk joint venture to develop new terminal at Canadian port.
- K Line partners Wan Hai
Japanese shipowner is joining up with Taiwan outfit on a Japan, China Vietnam liner service.
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| APRIL 18, 2008 |
- Transpacific lines get "serious" about fuel recovery in contracts
- China Shipping resumes Asia/Med service with Iranian line
- OSG says foreign investors reach limit on ownership
- Justice Department probes Puerto Rico trade
- "K" Line to join Wan Hai Japan-China-Vietnam service
- Henriksen returns to Norwegian Shipowners' Association
- JAL to pay $110 million for price collusion
- BA World Cargo to raise fuel surcharge
- Con-way income drops, cuts outlook
- Exporters may face multiple year shipping crunch
- South Korea reopens borders to U.S. beef imports
- WTO: Growth of world trade heads down
- APMT venture named preferred bidder for Vancouver terminal project
- N.Y.-N.J. Port Authority's executive director resigns
- Bayonne mayor: N.Y.-N.J. Port Authority threatens quality of life
- APM Terminals Tangier receives STS cranes
- Port of Rotterdam 1st quarter volume up 7%
- ICTSI appoints new SVP
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| APRIL 18, 2008 |
- Tallink re-flagging possible answer to pay hike demand
Estonian Seamen's Independent Union (EMSA) demands substantial pay rises on Tallink ferries. Salaries on three Superfast ferries are up to double the amount paid to seafarers on other ferries in the group, and EMSA is now demanding that all should ...
- New MD for Norwegian Shipowners' Association
Sturla Henriksen has been appointed as the new Managing Director for the Norwegian Shipowners' Association. From 1992 to 1998 he was Head of Finance and a Director of the NSA. He comes to the NSA from a management position at ...
- Maersk eyes Chinese seafarers
A.P. M'ller-Maersk eyes Chinese seafarers, through a new joint venture the container giant will try to recruit at least 900 seafarers from the big Asian country in the next three years, reports Lloyd's List. Maersk is the majority owner ...
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| APRIL 18, 2008 |
- Houston holds as crude jumps
- Bunker market report from Praxis
- Bunkering in French oil port hit by strike
Port unions warns of 'port paralysis' if government port reforms are pushed through.
- Liners 'serious' about bunker surcharges
Transpacific liners tell shippers without new contracts to expect full surcharges applied from May 1.
- Bunker markets soften
Markets weakening after week of record crude oil prices.
- Fuel bills eat into operator's profits
Stolt-Nielsen sees year-on-year increase in bunkers costs of more than $30 million.
- Modernisation to cut Russian fuel oil output
Global trend for refinery upgrades comes to one of Russia's major producers of straight run fuel oil.
- Rotterdam: MDO/MGO avails tight
- Hong Kong maintains Q1 bunker sales
Traders say demand for bunkers remains healthy, despite surging prices.
- Bunker costs drive Tallink into the red
Baltic Sea ferry operator warns of further risk to profit margins as fuel prices continue to climb.
- Energy investor: Oil to reach $125
Billionaire energy investor predicts further oil price gains as demand outstrips supply.
- Indian shipping channel to see trial run
But work on a controversial section of the canal remains suspended following an order from the Supreme Court.
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