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| APRIL 24, 2008 |
Shipping News
- Aussie luxury boat builder sets up S'pore unit
Joining the growing number of luxury yacht brands that are setting up dealerships in the Singapore market, R Marine, the retail arm of Australia's largest luxury boat builder Riviera, is launching its Singapore dealership today to coincide with the Boat Asia show. It is the company's first dealership in South-east Asia.
- Daewoo Shipbuilding to develop Oman port city
Daewoo Shipbuilding & Marine Engineering has signed an agreement with the government of Oman to develop tourism in Duqm, a port city about 450 kilometres south of Muscat.
- Hyundai Heavy's March orders up 42% to US$2.5b
Hyundai Heavy Industries, the world's largest shipbuilder, said that March orders increased 42 per cent, helped by demand for new vessels to transport fuel and consumer goods.
- French port workers strike
- Bookings pour in for maiden Xiamen cruise
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| APRIL 24, 2008 |
- Port of Shanghai March box volume up 17.9pc in March, 12pc in Q1
- SCT kicks off feeder electronic transshipment system
- Maersk, MSC, CMA CGM revamp joint China-US west coast service
- State Council sets priorities for Tianjin and Caofeidian ports
- CMA CGM, NYK Line opens DT3 terminal at Duisburg Port
- US agricultural exporters grapple with higher fees, tighter box space
- Volga-Baltic Company orders 10 Hyundai vessels
- Concor's monopoly over India's rail freight likely to come to an end
- Globe Express Services opens Beijing office, rebrands Canada
- Cargo plane makes belly landing at Honolulu Airport
- Asian airlines, airports gather in Macau to seek new air routes
- Pilot strike looms over crippled Aloha Airlines
- Beijing-Tianjin air-truck intermodal service launched
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| APRIL 24, 2008 |
- TUI AG hiving off Hapag
- Evergreen cancels China shipyard JV
- Transnet to invest $ 1.8 bn in SA box terminals
- Rice export ban to deprive Kakinada port of millions of tonnes
- Baalu & Y.S.R. Reddy confer on finer details of major shipyard at Vodarevu port
- VPT bags Greentech Foundation safety award
- More oil, pulses imports to combat price fever
- Chile offers FTA as springboard to Latin America
- Land port Authority Bill under Ministries' scrutiny
- Lufthansa to land in Pune from July
- Exim Bank plans Rs 17,000 cr. market borrowings
- Economy swells to become world's fourth-largest
- Report debunks theory of growing economy consuming more energy
- RECORD HARVEST of foodgrains
- 6 states asked to import wheat for shoring up PDS
- Concessions given for export of milk products withdrawn
- Slash Customs duty on natural rubber-ATMA
- Nath spells out nation's trade policy at UNCTAD XII meet
- DGFT assures support to N-E region's exporters
- Canada to open trade offices in Hyderabad & Kolkata
- Transworld arranges discourse on essence of meditation on Friday
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| APRIL 23, 2008 |
- Pierre Blayau confirmed as chairman and CEO of Geodis
- Changes in management at NYK Line (Germany) and two anniversaries
- Weber Distribution appoints vice-president, transportation
- United Airlines enters partnership with Jettainer for ULD management
- Tiaca annual executive conference and AGM, 12-14 May
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| APRIL 23, 2008 |
- Zodiac disputes MAIB report
- Napoli failure "not a general problem"
- Arms ship: heading for Lobito
- NZ services merged
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| APRIL 23, 2008 |
- Bush threatens to veto Coast Guard Authorization Act
- Pride International reacts to Seadrill stock purchase
- Yantai Raffles Shipyard christens giant crane
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| APRIL 23, 2008 |
- Agreements inked in Tacoma for Blair Waterway marine terminal
- China Shipping Lines boosting container service at Port of Seattle
- Trailer Bridge supporting IMO vessel air emissions scheme
- Winter Olympics shipments coming through Port of Vancouver, USA
- AAPA schedules seminar in Panama City, Panama
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| APRIL 23, 2008 |
- Seadrill sets sights on lion's share of Pride
JOHN Fredriksen-backed rig company to acquire almost 10% in US drillship owner.
- Seadrill deal sign of sizzling rig market
- Mitropoulos steps up CO2 campaign
EFTHIMIOS Mitropoulos has stepped up his drive to ensure the IMO delivers on its commitment to new emissions rules.
- China Cosco plans $2.3bn vessel spree
COMPANY reveals 25 ship binge as it posts 135% surge in its 2007 net profit.
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| APRIL 23, 2008 |
- US revs up auto efficiency
US vehicle fuel efficiency standards, a key factor for tanker demand, will be upgraded faster than expected.
- Louis grabs cruise duo
LOUIS PLC will purchase the Norwegian Dream and Norwegian Majesty from owner Star Cruises for $380M
- Feds charge terminal operator with dumping
FEDERAL prosecutors have charged Kinder Morgan Bulk Terminals with illegally causing potash to be dumped in the Pacific off Portland, Oregon
- Have your say: is container shipping fundamentally unsafe?
In tomorrow's Fairplay, the Look Out column argues that the container industry makes compromises on safety as a matter of course. The report into the MSC Napoli shows that safety problems go deeper than the structural strength of steel
- Ship noise pollution moves up the agenda
MERCHANT vessels are likely to face growing traffic constraints in US waters in the coming years due to concerns over the impact of ship noise on marine mammals, according to Frank Gonynor, senior claims executive at Gard AS
- Arab companies expand fleets
ARAB Bridge Maritime, operator of the Aqaba-Nuweibeh ferry service, has expanded its operations according to a Menafn report.
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| APRIL 23, 2008 |
- Fredriksen won't buy Hapag-Lloyd, spokesman says
TUI's largest shareholder is demanding two seats on the board and wants the company's chairman to step down.
- UPS earnings dive
- Customs unable to collect antidumping duties, GAO says
- C.H. Robinson profit jumps
- APM Terminals venture signs pact in Vietnam
- COAC to meet on May 9
- Canada's Harper warns U.S. candidates not to reopen NAFTA
- Strikes block French ports
- Global leaders upbeat after UNCTAD forum in Ghana
- Emergency loan keeps Alitalia in the air
- Food producers urged not to cut exports
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| APRIL 23, 2008 |
- CP intermodal revenues up in Q1
- Temporary arrangements to remain for Noumea VSA
- BLT invests in Jacksonville facility
- Durable charter market drives Danaos
- MEX service being retuned
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| APRIL 23, 2008 |
- Bush threatens LNG veto
US administration policy paper threatens to veto the Coast Guard appropriations bill if it includes a requirement to provide security for LNG carriers and terminals.
- Chinese lessons
Maritime industry descends on Shanghai for the TradeWinds/Mare Forum's Shipping China Energy 2008.
- Dividend jump predicted
JPMorgan Securities analyst holds up Diana Shipping and Teekay Tankers as the brightest stars for first-quarter earnings season.
- New charges for pilot
Federal grand jury indicts John Cota, the pilot of the Cosco Busan, for allegedly making false statements to the US Coast Guard, a felony charge.
- German efficiency
Environmental and safety details key to competitiveness, says German shipyard chief Dirk Lindenau.
- Rig spin-off 'favourable'
Dahlman Rose analyst gives a thumbs up to Economou's spin-off proposal as DryShips preps Ocean Rig takeover effort.
- Dumping brings charge
A US terminal operator is accused of hiring a bulker to deliver a load of potash to the bottom of the ocean.
- Trident tested
Poseidon gauntlet thrown down to shipping players with IACS passing the inaugural exam.
- Takayama bound for repairs
VLCC enters the port of Aden after receiving small arms fire off the coast of Yemen.
- Pittas ties up Gladiator
Euroseas fixes another 1990s built vessel long-term to fill its 2008 containership fleet days.
- PDVSA takes over Dianca
Venezuelan oil company granted control of state-owned yard to kick-start its tanker-building programme
- Louis renews with Star deal
Cyprus cruise line invests $380m in two 1992-built ships from Malaysian owner.
- Big hitters eye shipbuilding
Two Bangladeshi conglomerates set for sector debut amid promise of lucrative European orders.
- Manx omission
Fatal accident on BP tanker "overlooked" in Isle of Man safety statistics.
- Challenging times
Chevron's Kjell Landin is not happy with the abundance of posturing but lack of commitment in the industry.
- NOL gets clear run on Hapag
With other lines queuing up to exit the race, Singaporean owner is confident of claiming preferred bidder tag, sources say.
- Tallink eyes Finnish flag
In a flag flip-flop Estonians plan switching three ferries to Baltic neighbour.
- SIPG eyes Chongqing expansion
Chinese terminal operator planning to spend $343m on 13 new berths.
- Arahura receives facelift
New Zealand's Interislander ferry to be upgraded for more trucks and rail freight.
- MOL combines Kiwi services
Japanese owner and partners merging two Asia-New Zealand loops into one to boost coverage.
- Hats off to Hansson
NAT chief makes it on to executive committee and TradeWinds TV in same week!
- Vitaco to order in Korea
Vietnamese owner back at SLS for another 40,000-dwt tanker.
- French ports shut by strike
Backlog of 26 ships reported at key Fos-Lavera oil terminal as workers protest against privatisation
- 'Slack' troops in firing line
US forces more intent on having fun than tackling piracy, top Somali official says.
- ACM exceeding expectations
UK broker to outstrip market forecast for annual profit in busier tanker sector.
- "Glorious" year for China Cosco
Cosco's Hong Kong-listed holding company's 2007 profit up sharply on strong growth in bulker markets.
- Arms ship still headed for Angola
ITF urges Cosco vessel's 'shipment of death' for Zimbabwe to be taken home to China.
- Argo orders tanker trio
Russian owner signs with domestic yard Krasnoye Sormovo for three 5,600-dwt units.
- Rosina down on tankers
MD of Italian owner Premuda pessimistic as bulker orderbook outweighs that of tankers.
- Guneri eyes deals
Zihni's Turgut Guneri is mulling the sale of an LNG pair and a splash on ethylene tankers.
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| APRIL 23, 2008 |
- COSCO reports profits rose 135% in 2007
- Danaos: Asia trades offset weak transatlantic, transpacific
- Hoegh Autoliners names CEO
- COSCO orders 25 ships
- Senator Lines' Rutter dead at 55
- Airbus hiking plane prices due to weak dollar, rising metal prices
- ACG orders 17 Boeing 737s
- C.H. Robinson's 1st-quarter profit up 18%
- Weyerhaeuser names CEO, CIO
- Saddle Creek appoints directors of business development
- FMC reviews 17 OTI license applications
- Kinder Morgan charged with illegal ocean dumping
- Port of Baltimore reports record general volume
- Attorney expects new federal charges against Busan pilot
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| APRIL 23, 2008 |
- Color Line terminates Oslo-service
Color Line has sent out a notice for termination of the service from Hirtshals to Oslo as from May 6. The decision will affect around 350 Norwegian seafarers, which will be laid off. The reason for the termination of the ...
- Two Danish captains buys pallet carrier
Two Danish captains have purchased the Panama-flagged pallet carrier Fykan from the Norwegian Taub'tskompagniet. The captains, Sune Jensen and Jogvan Haraldsen, has set up a Danish company called Fykan Shipping ApS to own the the ship. It has been ...
- Golden Ocean buys and sells
Golden Ocean Group Limited acquires two Kamsarmax vessels on 80,000 DWT from Zhousan Jinhaiwan Shipyard in China and thereby uses the options. The price is USD 52 million per unit. The vessels will be delivered in 2011 and are sister ...
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| APRIL 23, 2008 |
- West African refinery announces plans to expand
Ghana's TOR refinery is already a producer of marine fuel.
- Venezuelan fuel oil cargo finds buyer
Traders expect it to head to Asia for sale into the marine fuels market.
- Attack on Gibraltar's bunker industry fails
European Parliament to recognise 'good' cooperation between Spain and Gibraltar over sinking of a bulk carrier.
- Rotterdam: MDO still very tight
- China COSCO's profit soars 135%
Earnings ride on booming dry-bulk trade; measures planned to reduce bunker consumption.
- Singapore retains 'Best Seaport' title
World's busiest container port clinches award for the 20th time.
- SPC Q1 net profit declines
Looking ahead, company expects refining margins to be 'well supported'.
- KPI Bridge Oil director to retire
Industry veteran will sell his shares to the owner of Bridge Oil.
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