 | web site |
| APRIL 22, 2008 |
Shipping News
- First Ship Lease Trust buys 2 tankers for US$140m
SHIPPING trust First Ship Lease (FSL) Trust is taking its maiden step into the crude carrier market with the acquisition of two 115,000 dwt Aframax class crude oil tankers from Turkey-based Geden Lines for US$140 million.
- DHL aims to cut carbon emissions in operations
AS one of the biggest players in the logistics industry, DHL is playing its part in the battle against climate change by aligning its initiatives with the 'GoGreen' climate protection programme of parent company Deutsche Post World Net.
- Kuehne & Nagel Q1 profit jumps 19%
Kuehne & Nagel International AG, the world's largest sea-freight forwarder, said first-quarter profit rose 19 per cent as air and sea shipments increased.
- Gulf tanker rates rise on pirate attack
- TUI to start talks on Hapag sale soon
|
 | web site |
| APRIL 22, 2008 |
- FEFC lines to raise rates from June on N Europe-Asia trades
- Evergreen cancels China shipyard JV, appears to cancel megaships too
- EU refuses to meet expense of US container security demands
- APM Terminals signs RTG crane deal with Shanghai's ZPMC
- CKYH to focus on competitiveness, service coverage in 2008
- French dockers fight privatisation, appeal to Sarkozy
- Malacca Strait improves as Nigerian coast becomes worst for ocean piracy
- Transnet to invest US$1.8 billion in South Africa on box terminals
- Great Wall Airlines appoints former SIA pilot trainer as operations vice president
- DB Schenker adds extra weekly flight on Dubai-Toledo route
- AeroLogic, Lufthansa reach deal on simulator pilot testing
- Worldwide Flight Services appoints North American cargo chief
|
 | web site |
| APRIL 22, 2008 |
- Maersk Line & MISC in vessel sharing pact in S-E Asia-NZ trade
- Maersk Line enhances WestMed service
- Shanghai set to overtake Singapore as LARGEST container port
- South China Sea plunges into turbid waters
- Evergreen Line starts run between Taiwan & Vietnam
- Safmarine effects high-level changes in Africa region
- CMA CGM & NYK Line open Duisburg box terminal
- CMA CGM to run gigantic Marseilles drydock
- US box shortage threatens export boom
- Crowley acquires Jensen Maritime
- Oman earmarks $ 4 bn for fleet expansion
- Carriers contemplate rate hike as Asia-Europe trade slips
- Govt's new dredging policy draws flak
- MoS' proposed shipyard may retain HSL name
- Reliance power plans shipping subsidiary
- GE Shipping delivers Jag Praja
- High-powered committee keen on early execution of projects at JN Port
- Fire drill conducted at VCT as part of National Safety Week
- Hectic development of ports under way in Maharashtra, Gujarat, Andhra & Tamil Nadu
- Krishnapatnam port berths 1st vessel
- MPs' panel proposes ports & shipping regulator
- Bulk goods producers to be invited to develop captive rail terminals
- Jawahar Customs felicitates & honours top performers, handlers & deliverers
- Indirect tax mop-up at Rs 2,79,000 cr.
- FTP proposals positive & practical, asserts SRTEPC chief
|
 | web site |
| APRIL 21, 2008 |
- Kirkwood and Noyes, BA directors, are leaving the airline
- Joint WHL and "K" Line service
- New Emirates destinations
- New Swiss WorldCargo intercontinental flights
- Duisburg Trimodal Terminal D3T opens
- TransRussia 2008, Moscow, 22-24 April, ITJ booth no. 8.2-F01
|
 | web site |
| APRIL 21, 2008 |
- New Somali piracy warning from IMB
- Unions to to block arms ship
- US anti-trust probe widens
- Golar's Dubai FSRU deal
- Officer fined for death charges
- New UK offshore support base
- Schat-Harding's record order book
- Union worried by EU probe
|
 | web site |
| APRIL 21, 2008 |
- Transocean President and COO steps down
- Unions move to block unloading of Zimbabwe arms cargo
- Spain sends frigate to aid hijacked Tuna vessel
- Eitzen Chemical sells newbuild quartet
|
 | web site |
| APRIL 21, 2008 |
- Port of Newport applies for Marine board grant
- New Coat Guard cutter completes acceptance trials
- US executive pleads guilty to fixing marine hose prices
- Customs officials discover harmful pests in Seattle shipment
- New captain for Cal Maritime's GOLDEN BEAR training ship
|
 | web site |
| APRIL 21, 2008 |
- Shippers 'not behind' Puerto Rican price probe
SHIPPERS in the trades at the centre of an FBI probe have not complained about over-charging.
- Brussels questions P&I exemption renewal
EC could probe automatic renewal of International Group P&I Clubs' exemption from competition laws.
- The ageless Queen
THE longevity of QE2 is a minor miracle, considering what has taken place in shipping since her maiden voyage in 1969.
- It's all about success
THERE are gains for all when large shipowners contract access to repair yards, as CMA CGM did with Marseilles-Fos.
|
 | web site |
| APRIL 21, 2008 |
- Maritime university for Chennai
A BILL seeking to set up a maritime university in Chennai has been moved in the Indian parliament
- MPC secures mega ship loan
HAMBURG KG house MPC Capital has obtained debt financing for nine 13,100teu 'new panamax' container ships, ordered at Hyundai
- Reliance to set up shipping company
RELIANCE Power is planning to float a shipping subsidiary to transport coal to India to feed two huge power projects it is setting up, one in Krishnapatnam in Andhra Pradesh and the other in Shahapur in Haryana
- Mystery as 'arms ship' vanishes
MYSTERY surrounds the whereabouts of the general cargo ship An Yue Jiang, which raised anchor and sailed from the Durban out anchorage on Friday evening, moments before the sheriff of the court arrived to serve papers to the vessel ordering it into port
|
 | web site |
| APRIL 21, 2008 |
- TUI plans to approach Hapag-Lloyd suitors by June
The company says it is working with three financial advisers on the sale of the German container line.
- China Shipping to expand in Seattle
- CN profit dips
- Portland's container volume surges
- Jaxport, Hamburg Sud in expansion talks
- Nehru to add third box scanner
- $155 million provision plunges Cargolux into the red
- Bill would license AES users
- Senators express concern with first-sale change
- Capt. Arthur Erb, former Eller Stevedoring chief, dies
- French ports face Wednesday strike
|
 | web site |
| APRIL 21, 2008 |
- Dafeng link boost for Busan
- Puerto Rico price-fixing investigation extends to other Jones Act carriers
- Next stage underway in Melbourne deepening
- French ports face a Wednesday strike
- Kuehne + Nagel posts encouraging Q1 results despite 'challenging' year fears
|
 | web site |
| APRIL 21, 2008 |
- Dervish delight
Religious dance enthrals early-comers to Istanbul but will a focus on crewing and the environment leaves heads in a spin?
- A slice of Turkey
Intertanko descends on Istanbul for its annual tanker bash and TradeWinds TV is there to survey the scene.
- TBS snaps up Stellar's North Star
US bulker and tweendecker owner pays $34m for a Dubai-controlled handymax.
- Danaos boxship profits soar
First-quarter earnings plunge without bulk carrier gains, but John Coustas-led company's earnings on the boxship fleet jump by 31.8%.
- Cocaine hidden on cruiseship
US drug customs officials seize 26 bricks of the illegal drug on a Royal Caribbean cruiseship.
- Senator pushes cruise law
US lawmaker Richard Durbin proposes restrictions on discharges from cruiseships, which he calls "massive ocean polluters".
- Tanker outlook brightens
Dahlman Rose equity analyst hikes his second-quarter rate outlook for the wet sector.
- General Maritime outlook cut
Cantor Fitzgerald analyst lets air out of her first-quarter forecast for New York-based tanker owner.
- Teekay LNG selling shares
Teekay Corp offshoot puts 5 million shares on offer and discloses more capital infusions that could bag $213m.
- Vafias bags third MR
StealthGas splashes $57.5m on product carrier resale under construction in South Korea.
- Jacobsen leaves Green Reefers
CEO steps down with immediate effect to be replaced by chairman Toril Eidesvik.
- Photo flood
Entries are starting to pour in for TradeWinds' Maritime Photographer of the Year contest.
- Grindrod profit to soar
South African bulker and tanker owner notifies market of possible 75% jump in first-half earnings.
- HSH defies crunch
German bank leads $1.1bn loan syndicate for MPC's 13,100-teu boxships at HHI, with deal for ninth vessel emerging.
- Officer fined over fatal fire
Chief mate found guilty after incident in Canada on Ugland shuttle tanker.
- TUI on the offensive
Board brands Fredriksen's attempts to oust chairman as destructive as it confirms potential buyers of Hapag-Lloyd will be welcomed around the table within two months.
- Peak charge for FEFC
Boxship conference pushes up Asia to Med rates with summer surcharge.
- Eitzen cashes in on resales
Four chemical units ordered in Korea on opportunistic basis last year will see owner make quick $12.5m profit.
- VLCC fired on off Yemen
No injuries reported but fuel spilled after NYK tanker hit by pirates' rocket in Gulf of Aden.
- Smith ends waiting game
Golar LNG chief confirms $450m Dubai contract for company's fourth FSRU.
- Garware goes long-term
Indian offshore owner ties up newbuilding on a three-year deal.
- Interpol tapped on Rezzak search
India's shipping ministry asks for help to determine fate of cargoship lost in Black Sea.
- Q-Ship in profit drop
Doha-listed gas carrier and tanker player sees first quarter net slashed by 29%.
- Reliance eyes capesize order
Indian energy group set for $1.2bn entry into shipowning with larger bulkers soon to be slated.
- An Yue Jiang Angola bound
Cosco ship carrying arms for Zimbabwe now heading for Angola after South African legal action.
- Tianjin Marine fears the worst
Chinese boxship owner says it expects to register loss in first quarter of 2008.
- FSL snares Geden pair
Singapore business trust agrees sale and leaseback of two aframax tankers with Turkish owner.
- HHI not in Daewoo running
Massive Korean yard tie-up looking unlikely as Hyundai Heavy says it has not considered buying smaller rival.
- Roll up for Gulf Navigation
Dubai tanker owner's shareholders approve move to allow overseas investors to hold up to 20% of its stock.
- Bulker owners ink quickies
Hellenic and FreeSeas tie-up handymax and handysize bulkers on short time charters.
|
 | web site |
| APRIL 21, 2008 |
- U.S. Justice Department probes Jones Act lines
- Evergreen shuffles transpacific network
- Frew quits GE SeaCo
- FSL Trust buys, leases back two crude tankers
- New container service between Busan, Dafeng
- Cathay Pacific to add Houston, Miami to cargo network
- AirBridgeCargo selects general sales agents for Vietnam, Korea
- German inland container terminal open
- Ag exporters grapple with containership space crunch
- Ag shippers await next steps in U.S.-South Korea trade relations
- Ex-Im bank frees up $2.2 billion to help U.S. exports in India
- Banana-laden container set ablaze by Philippine rebels
- Man acquitted for forgetting machine gun in trunk of Porsche
- Bill calls for enhanced AES to block inadvertent illegal exports
- Kuehne + Nagel's 1st quarter profit up 18.5%
- Panalpina warns of heavy first quarter loss
- Los Angeles-Long Beach box volume down 7.6% in March
- Clydeport pilots take strike action
- Eurogate orders 48 Kalmar straddle carriers
- Ports America Group shifts assignments in U.S. Southeast
|
 | web site |
| APRIL 21, 2008 |
- Swedish coast guard to team up with US counterpart
The Swedish minister of defence Sven Tolgfors and the head of the US Department of Homeland Security, Michael Chertoff, has agreed on a closer cooperation. The aim is to sign a letter of intent later this year including a closer ...
- Nordane orders more Canadian tugs
Nordane Shipping, Svendborg, has signed up with Irving Shipbuilding Industries in Quebec, Canada, for another four tugs of two different types. The tugs will follow the deliveries of five tugs ending in 2006 with Stevns Icequeen. The new contracts are ...
- Alarm over substandard newbuildings
The record-high demand for newbuilt ships and the emergence of new shipbuilders without prior experience are direct threats against the last 15 years of progress in safer ships. Speakers representing shipbuilders, classification societies and shipowners were unanimous in their ...
|
 | web site |
| APRIL 21, 2008 |
- Shell lubricants return to Port Colborne
Exclusive distributor Westpier Marine aiming to sell Shell products 'from Thunder Bay to Halifax'.
- French ports face ongoing disruption
Bunker supplies can be promised only 'four hours' ahead
- Bunker market report from Praxis
- Fujairah's tank farms pose 'challenge' for emergency planners
Oil companies urged to asses their operational risks and to put emergency plans in place.
- O.W. Bunker expands risk management team
Group says unpredictable market dynamics has increased demand for risk management expertise.
- Ship with weapons cargo 'running out of bunkers'
Ports in South Africa urged to look out in case ship attempts to obtain fuel.
- Leading shipping line has bunker costs 'in control'
CMA CGM official says it has relied on the 'bunker adjustment factor' and hedging.
- Rotterdam market firm
- Alliance makes reducing bunker consumption a priority
Shipping lines want to cut bunker bills and ship-generated pollution.
- Oman supplier welcomes new trader
- Australia supports sulphur cuts
The government hopes to see 'significant health and environment benefits'.
- Philippines to revoke single-hull licenses
Tank operators still negotiating for extension of April 30 deadline.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
