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| APRIL 23, 2008 |
Shipping News
- Singapore players win logistics awards
THE central role Singapore plays in the global transport and logistics sphere was re-affirmed once again at yesterday's 22nd Asian Freight and Supply Chain Awards (AFSCA) when the island's main maritime industry players picked up awards - yet again.
- New Yantai Raffles crane sets world lifting record
YANTAI Raffles Shipyard has added significantly to its capabilities with the christening of a new US$40 million fixed dual beam gantry crane with a lifting capacity of 20,000 metric tonnes.
- PTP plans to build four more container berths
(JOHOR BARU) The Port of Tanjung Pelepas will expand its container terminal by building four additional berths to form a 1.44km wharf to enable it to increase its container handling capacity to 12 million TEUs by 2011.
Strait Talk
- Help govts fight pirate gangs
REPORTS are still coming in but it appears that as the 264,567 dwt Japanese-flag VLCC Takayama was sailing in ballast through the Gulf of Aden, it came under heavy attack from pirates armed with not only small arms but also rocket-propelled grenades.
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| APRIL 23, 2008 |
- Congestion at Panama Canal causes ships four-day delays
- OOIL starts off year with strong earnings on higher throughput
- Port of Amsterdam to add new Asia/Europe service
- Horizon Lines heads US federal antitrust probe
- APM's Tanger-Med Port crane delivery marks Moroccan terminal's take off
- Australia's container operators mull charging for delays
- Aeroflot and Mongolian Airlines sign accord to strengthen cooperation
- Guangzhou Baiyun Airport seeks supreme status as China's top logistics hub
- ABX cushions the fall of top executives in case of take-over
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| APRIL 23, 2008 |
- Global shipping operators investing in developing mega box terminals!
- Biggest container maker fears declining demand in 2008
- India set to sign four deals with Chile
- Norwegian analysts see trade with India booming
- High global prices encouraging maize exports
- Organic produce exports shot up by 187 pc in 2006-07, claims Apeda
- Hungry Saudis may urge India to keep rice pipeline open
- Russia aiming to double trade with India
- Trade with Oman swells to $ 1.5 bn
- Surge in vegoil imports
- SKIL Infrastructure to invest Rs 1,200 cr. in port project at Positra
- Rlys earn 14 pc more
- Lanka to import Indian trains
- South Central Rly posts 19 pc revenue growth
- Rlys hopes to capture 60 pc of road freight with dedicated corridors
- India now job-seekers' paradise!
- CCEA gives nod for 2 Apeda schemes
- FTP notifications please, urges SIMA
- CBDT members who matter
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| APRIL 22, 2008 |
- Sturla Henriksen, new managing director of the Norwegian Shipowners' Association
- Ro-ro traffic up by 15% in port of Dunkirk
- Swiss WorldCargo capacity utilisation factor high
- Veolia Cargo buys C-Rail
- New Y shuttle train Duisburg'Hamburg/Lübeck
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| APRIL 22, 2008 |
- "Dozen boxships need structural work": MAIB
- Golden Ocean orders and sells
- Eitzen Chemical sells 4 newbuildings
- IMO goes home
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| APRIL 22, 2008 |
- Cosco Busan pilot hit with more charges
- NSRP announces new shipbuilding R&D projects
- DryShips to make mandatory offer for Ocean Rig
- NYK says tanker holed in small boat attack
- MAIB publishes MSC Napoli findings
- Austal wins another patrol boat order
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| APRIL 22, 2008 |
- Class societies act on Napoli report findings
CLASSIFICATION societies have assured owners that their containerships are safe, in the wake of the MAIB's MSC Napoli report.
- Napoli sparks boxship crackdown
- DryShips launches full offer for Ocean Rig
DRY bulker owner has launched an offer for the shares of Ocean Rig after George Economou took control of the drilling company.
- Concerns deepen over Zimbabwe ship's plans
THE Cosco ship said to be carrying arms bound for Zimbabwe reappeared on maritime tracking systems yesterday.
- Back on track
There is renewed interest in a Gulf Co-Operation Council-wide rail system to keep pace with the ongoing trade boom.
- Breaking with tradition
AS A result of an accident, the safety of containerships is now under scrutiny in a long-overdue examination.
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| APRIL 22, 2008 |
- MAIB reveals Napoli structural flaw
THE Marine Accident Investigation Branch has published its report into the MSC Napoli incident, criticising the structural strength of the 1991-built container ship.
- RCCL follows suit on surcharges
SURPRISING no one, Royal Caribbean has hiked the fuel surcharge for customers of its North American brands
- DNV rejects Napoli blame
CLASSIFICATION society DNV has acknowledged the MAIB report into the MSC Napoli incident, admitting the ship's hull's buckling strength in the forward part of the engine room was "insufficient"
- IMO head wins Seatrade award
IMO secretary-general Efthimios Mitropoulos was named as Seatrade Personality of the Year last night at the 20th annual Seatrade Awards dinner
- Boxships stay ahead of the game
CONTAINERSHIP demand will continue to support asset pricing despite US economic weakness, says shipowner Danaos Corporation
- EU investigates Scottish ferries
A FORMAL investigation into the subsidising of Scottish ferry services have been launched by the European Commission.
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| APRIL 22, 2008 |
- Speed before safety: MSC Napoli report rips container shipping industry
An inspection by the U.K.'s maritime safety agency reveals structural flaws in the ill-fated ship, 11 others.
- NS ekes out first-quarter gain
- Baltimore sets cargo records
- Senate bill would reduce diesel taxes
- Steel imports inch up
- TSA updates TWIC statistics
- Systems integration called key to intermodal productivity
- Strong charter demand boosts Danaos earnings
- EU, China to discuss IPR violations
- Alitalia on brink of collapse
- CP earnings slump
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| APRIL 22, 2008 |
- MAIB's MSC Napoli report identifies flaws in vessel construction and industry practice
- Hapag-Lloyd buyers to be identified by 'early June'
- PSA triumphs with two awards
- China strengthens Egyptian link
- CN Q1 results show 12% intermodal gain
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| APRIL 22, 2008 |
- Bash by the Bosphorus
Under the bridge downtown is where we drew some brews.
- Hot Tots
Will the Tanker Officer Training Standards programme really make tankers safer?
- Aries may de-box
Mons Bolin says Aries Maritime Transport's trio of containerships are on the market and may be sold.
- Arlington in book loss
Despite revenue improvements, interest rate swaps hold keep tanker owner in a loss.
- PST profits plunge
Singapore-listed Pacific Shipping Trust sees first-quarter profits sink by 82.7% to $466,000 on interest rate swaps.
- Royal follows ... again
Royal Caribbean hikes fuel surcharge to $8-per- passenger, nearly two weeks after Carnival Corp raised its fuel supplement.
- Euronav soars on VLCCs
Tanker rates spike pushes Belgian owner's first-quarter profits to more than double.
- Euronav books three
Belgian owner joins up with JM Maritime to order three suezmaxes at Samsung Heavy Industries, and it sells its oldest VLCC.
- Spin-off catches bulker
Navios Maritime Partners reveals that it paid $80m for the panamax Navios Aurora as the US-listed owner reports profits.
- Government 'failed' on Napoli
UK officers say government not tough enough on safety record of Napoli operator.
- Ocean slakes Cypriot thirst
Domestic tanker owner to transport 50,000 cbm of Greek water a day to alleviate island's shortage.
- Cosco goes newbuilding nuts
A 25-ship order worth $2.30bn in Chinese owner's pipeline.
- Secrecy rules
UK maritime safety organisation silent on identity of at risk containerships despite catastrophic failure of MSC Napoli.
- Aries posts $7m loss
US-listed containership and products tanker owner reports losses as book costs hit the bottom line.
- Independence sails
Royal Caribbean has been kicking the tires on its newest cruiseship, the Independence of the Seas, as it prepares to begin cruising from England.
- Fair wind for Li
CSDC sees first quarter figures lifted by ship sales and higher domestic bulker rates.
- Economou goes for Ocean Rig
DryShips triggers mandatory offer after picking up 33.25 million more shares in Stavanger-based rig owner.
- Concordia numbers up
Swedish owner survives weaker products market to record better profit for first quarter.
- Austal adds six
Australian shipbuilder to deliver fast patrol craft to Trinidad and Tobago by 2010.
- Tokgoz cashes in
Sale of aframaxes to FSL purely to bank bucks with ships set to return to Geden.
- Mercator snaps up bulker
Indian owner's Singapore arm adds another panamax to fleet with IPO cash.
- History lessons
Turkish owner Suay Umut runs through Istanbul's maritime history and more modern cultural clashes.
- CSCL off to slow start
First quarter profit leaves China Shipping Group's container arm looking short of last year's annual total.
- Arms ship to return home?
Cosco's An Yue Jiang may have to head back to China after Zimbabwe-bound arms cargo rejected in three countries.
- FOP getting better
Fred Olsen's listed FPSO arm cuts losses in first quarter as revenues grow.
- Hamworthy wins Golar order
UK gas systems maker secures repeat deal for LNG regasification kit from Norwegian owner.
- Hoegh gets Hagman
Former Eukor boss will replace Thor Jorgen Guttormsen as CEO of Norwegian car carrier.
- Svensen challenged
IACS chairman Tor Svensen presses the credentials of the Poseidon Challenge on a Bosphorus cruise.
- Fredriksen makes it 10
Golden Ocean adds two more kamsarmax vessels at Zhoushan Jinhaiwan Shipyard for $52m each.
- A slice of Turkey
Intertanko descends on Istanbul for its annual tanker bash and TradeWinds TV is there to survey the scene.
- ITF wins Defender pay deal
Union secures wage arrears for four crew on Cambodian-flagged cargoship held in Ireland.
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| APRIL 22, 2008 |
- TUI intends to approach Hapag-Lloyd buyers by June
- NYK supertanker attacked
- Vessel design blamed for MSC Napoli breakup
- Carriers cooperate on New Zealand/Singapore loop
- IMO moves back home
- New Orleans port dedicates intermodal rail yard
- Twinings renews U.K. contract with CEVA Newsfast
- Toyota to shutter Long Beach assembly line
- Los Angeles port to look at PierPass' efficacy
- Montreal plans tripling of capacity by 2020
- China Shipping to call at Seattle's Terminal 30 by 2009
- Tacoma port to vote on major redevelopment contract
- Erb, former Eller president, dies
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| APRIL 22, 2008 |
- Hagman leaves Transatlantic for Höegh
The new MD at Transatlantic, Carl-Johan Hagman, leaves his post for the job as CEO at Höegh Autoliners AS in Oslo. He thereby returns to the car carrier business that he knows well after being MD for Eukor Car ...
- MAIB slams liner industry in MSC Napoli report
The loss of the container vessel MSC Napoli was caused by lack of safety margins in the strength of the hull at the same time as the vessel was pushed too hard in heavy seas on 18 January 2007. In ...
- Viking XPRS delivered
On Monday 21 April Viking Line took delivery of the fast car and passenger ferry Viking XPRS from Aker Yards Helsinki shipyard. The Viking XPRS is introduced on Viking Line's Helsinki ' Tallinn service on 28 April. The 185 m long ...
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| APRIL 22, 2008 |
- Bunker market report from Praxis
- Weapons cargo vessel requests to dock for bunkers
Vessel with controversial cargo could undertake refuelling and cargo transfer at sea.
- Chemoil appoints new head of Panama operations
Andres Galavis says he looks forward to pushing through Chemoil's expansion plans.
- Rotterdam: MDO avails tight
- Japan prices ease on stock boost
Traders hearing more enquiries as buyers look to fix stems ahead of next week's national holidays.
- Sri Lanka plans laws to curb maritime pollution
New authority will tackle pollution in territorial waters.
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