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| JUNE 24, 2008 |
Shipping News
- KepFels' new design semi-sub named last week
Keppel Fels' (KepFels) new proprietary design DSS21 deepwater semi-submersible, its latest since the DSS20 series Maersk Explorer in 2003, was named the Maersk Developer in a naming ceremony on Saturday.
- Hyundai Heavy posts 16% jump in May sales
Hyundai Heavy Industries Co, the world's largest shipbuilder, said sales last month climbed 16 per cent as it completed orders for oil tankers and container vessels contracted at higher prices.
- Posco shares dip as Vinashin pulls out of steel JV
Vietnam's state- run shipbuilder Vinashin has cancelled plans to invest US$1 billion in a US$5 billion steel venture with South Korea's Posco, sending shares in the world's fourth largest steel maker down 3 per cent.
- Gangjiu to buy port from parent
- Sulpicio ships banned from leaving port
- US navy ship to assist in rescue
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| JUNE 24, 2008 |
- Hamburg Sud turns down chance to bid for Hapag Lloyd
- Cosco finds slow steaming provides best ever fuel savings
- China Vice Premier Wang calls at St Louis to facilitate trade
- US States and Ports Association re-elects China president
- Construction starts on northeast China's first bonded logistics park
- Senators call for greater investment in Canada's box terminals
- US clothing sector calls for renewed import ban on Myanmar products
- Geodis Wilson acquires UK's Oughtred & Harrison Shipping
- Swiss WorldCargo launches Zurich-Shanghai flights daily
- Consolidators International CEO sees dark days for Asian airfreight
- Afghanistan's Kam Air launches Kabul-Urmuqi service
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| JUNE 24, 2008 |
- 2nd dedicated NSCSA rake run from ICD-Mandideep to Mumbai Port
- Essar Shipping to acquire 14 ships for Rs 10,000 cr.
- m.v. Safmarine Kariba makes maiden call at DP World Nhava Sheva on ME3 service
- CSAV Norasia to commence Levant service
- CMA CGM to complete Asia-Europe network with new FAL4 service
- Maersk Line & Hutchison Ports sign pact for priority in Felixstowe terminal use
- safmarine christens 7 vessels in 6 months!
- New skipper aboard Hapag-Lloyd with restructured executive body
- WTSA to implement full floating surcharges in July bunker hikes
- Bilbao receives MSC's 9,000-TEU ships
- Hanjin Shipping to offer Malta-Adriatic feeder service
- Southampton Container Terminal to be renamed DP World Southampton
- Hamburg strengthens inland waterways for shipping
- Italian finesse for leather goods in TN
- Mumbai ports handling 68 pc of Gujarat-generated cargo
- NMPT bags best export facilitator award
- ChPT slashes free storage period for HMIL cars to 10 days
- Air cargo management to be in private hands-Ministry
- Investors bearish on India
- Inflation now in 'concern zone', fear Chambers
- CMIE sees inflation down to manageable 5.5 pc
- Import barriers sink India's position in trade index
- Nashik-based STPI posts impressive 89 pc growth
- Apeda to focus on processed foods
- I-T refunds made easier
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| JUNE 23, 2008 |
- Bieker leaving Rail4Chem
- Qatar Airways adds another India flight
- New Transfargo logistics centre
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| JUNE 23, 2008 |
- Heavy death toll in Philippine ferry disaster
- Hebei Spirit pair acquitted
- STX share purchase triggers mandatory offer
- Great American in cadet training deal
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| JUNE 23, 2008 |
- Study: NYC area needs more dry docks
- GAO says USCG patrol boat strategy is working
- Transocean to acquire newbuild drillship
- Latvia orders SWATH patrol boats
- USCG to enforce non-tanker response plan requirement
- Philippines suspends ferry line's RO/RO operations
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| JUNE 23, 2008 |
- Port of Tacoma plans sale of land earmarked for rail upgrades
- Trucking association exec warns against cap-and-trade law
- Young vessel designers help open new IMO offices
- Oregon PUC Commissioner memo takes hard look at LNG supply
- Marcon brokers sale ot two ocean-going barges
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| JUNE 23, 2008 |
- NOL in loan talks ahead of possible Hapag-Lloyd bid
SINGAPORE liner giant aims for up to $7bn in readiness for move on Hapag-Lloyd, according to reports.
- Hope for Hapag-Lloyd Hamburg solution
- Tug masters jailed for Hebei Spirit spill
MASTER and chief officer of holed tanker cleared of all charges.
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| JUNE 23, 2008 |
- Sulpicio ordered to cease operations
ALL ships of Sulpicio Lines have been stopped until their seaworthiness has been established. An order to this effect was issued today by the Department of Transportation in The Philippines
- Maua looks at northern expansion
THE Maua Shipyard in Rio de Janeiro is joining other Brazilian yards on the expansion trail
- Ceylon Shipping in JV
CEYLON Shipping Corp has signed an agreement with Pyrros Vardinoyannis of the Greece for a joint venture in oil transport and bunkering
- Argentina farmers strike over
THE Argentine economy was slowly returning to normal during the weekend, as the latest phase in a conflict between farmers and the government ended at midnight on Friday, and road blocks were cleared
- St Petersburg yards to merge
NORTHERN Shipyard in St Petersburg is interested in merging with state-owned United Shipbuilding Corp
- Tension over stranded Sophia easing
ALGERIA has refrained from banning vessels entered with German insurer Hanseatic over the wreck of the ro-ro vessel Sophia
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| JUNE 23, 2008 |
- Scan-all's great debate
Congress wants all U.S.-bound boxes scanned by 2012. Some say it can't be done, but the latest technology may indicate otherwise
- UPS cuts estimates
- Horizon Lines ups Hawaii, Guam fuel surcharges
- New bill seeks standards for container security
- U.S., S. Korea in beef deal
- APL volumes up sharply
- NOL could borrow $5-7B for Hapag-Lloyd acquisition
- Boxship rams Miami seawall
- Russia nixes steel duties
- DSV buys ABX Logistics
- GAO: DHS making progress
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| JUNE 23, 2008 |
- EWATA impose Dakar emergency surcharge
- Indonesian services slashed due to soaring bunker costs
- Maersk adjusts KNSM Morocco link
- Rotterdam wins Zim EWX call
- Seko is Qatar bound
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| JUNE 23, 2008 |
- Docker killed
An accident aboard a panamax bulker kills one dockworker and injures a mariner in Alabama.
- Caribbean bound
RCCL and Carnival announce initial itineraries for giant cruiseship newbuildings.
- NOL hunting cash
Rumours of an imminent bid for Hapag-Lloyd spring up following talk of $7bn loan.
- Hopes fade
Death toll from Philippine ferry tragedy set to be almost 800. Less than 60 survive capsize.
- Fredriksen stung
Scorpion reaffirms disdain for Seadrill bid as offer period comes to a close.
- Sulpicio P&I row
Lack of club cover may hit compensation for 800 victims of Philippine ferry tragedy.
- Eidesvik steps up
Former Green Reefers chairman takes over as full-time managing director despite previously stating her lack of interest in the role.
- Hebei crew walk
Charges dropped against master, first officer and owner of Hebei Spirit but tug crew jailed.
- Drought ended
Swire Shipping unit inks first newbuildings in a decade with $360m order in China.
- Finnjet nears end
The world's fastest conventional ferry to be scrapped at Alang in India.
- Jaisu bags it
Indian owner beats Dredging Corp of India to two-year contract award from Kandla Port Trust.
- STX cancels
Korean yard scraps two capesize deals, worth $212m and ordered in November, over "failed terms".
- Worker critical
Eighteen-year-old who fell from scaffold at Saigon Shipyard in Vietnam seriously ill in hospital.
- Aker stock races
Mandatory offer from South Korean group boosts Aker Yards' shares by nearly a fifth.
- Lucky stars
Ferry crash survivor says refusal to follow the crowd saved his life.
- Awilco jacked up
Takeover talk fuels surge in Norwegian rig owner's stock.
- Sales knock
ACM Shipping chairman Peter Sechiari says Harris & Dixon came knocking about tie-up months ago.
- Sulpicio grounded
Nineteen of Philippine owner's vessels kept in port after capsizing of Princess of Stars.
- Stena slower
Irish Sea operator adds 16 minutes to high-speed crossing to save on fuel costs.
- Aker bid begins
STX sets the wheels of its mandatory offer in motion after boosting its Aker Yards holding to 40.39%.
- Hands off, Solstad
Brotherly love prevails as Age Remoy (pictured) finds friendly buyer in the shape of his brother, Stig.
- Double for STX
More chemical carriers for Korean shipbuilder, as unnamed European owner puts pen to paper.
- Panama to grow
Maritime authority predicts 10% rise in container volumes next year.
- Cease and desist
Government shuts down construction work at Hanjin's Philippines yard after latest accidental death.
- Marco bags eight
Singapore shipowner and builder Marco Polo Marine secures $18.87m order from joint venture unit.
- Vinashin pulls out
High inflation behind decision by Vietnamese shipbuilder to call off steel mill investment with Posco.
- Safety clampdown
Singapore authorities to get tough on shipyards following recent fatalities.
- ACM to buy broker
Johnny Plumbe-led tanker shop to swallow up London-based Harris & Dixon Shipbrokers.
- Veitch gets $10m
Cruise veteran gets non-competition agreement pay-off after quitting Star Cruises.
- ACM spot on
S&P has "exceptional year" and time charters increase but spot still king as broker's profit grows.
- JES bags five
Chinese shipbuilder wins orders from Atlanska Plovidba and Pertamina.
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| JUNE 23, 2008 |
- Reports: NOL seeking loan for possible Hapag-Lloyd bid
- Taiwan, China ease ocean travel restrictions, could impact trade
- Navios forms acquisition company
- ESPMC-WITASS ends Port of Spain congestion surcharge
- Fire on box ship off Alaska extinguished
- BA World Cargo raises fuel surcharge
- Driving behavior impacts infrastructure funding
- DSV to acquire ABX Logistics
- U.S., China set up food safety mechanisms
- U.S. firms win China business
- Laxey Partners given more time for TDG takeover
- ITC supports penalties for Chinese steel pipe imports
- Petco DC has pest problem
- SEKO opens Qatar office
- Expeditors: European investigators asking for information
- Nansha volumes skyrocketing
- Zim, DP World acquiring Spanish port
- Thamesport changes trading name
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| JUNE 23, 2008 |
- STX bids for sole ownership of Aker Yards
South Korean shipbuilder STX has bought a further 1.3 million shares in Aker Yards, and thereby controls NOK 40.39 per cent of the shares. From the beginning of this year, the limit for a mandatory bid for the ...
- BW Gas appeals court verdict in case against government
The district court in Oslo did not rule in favour of BW Gas in the company's case against the Norwegian government for its decision to claim back-taxes in connection with the new tonnage tax regime. For BW Gas, the ...
- Star Shipping split between owners
The two owners of the joint-venture Star Shipping, Westfal Larsen's Masterbulk and Griger Group, has agreed on dividing the company into two new entities. The decision is taken in a strong market and after years of different views on ...
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| JUNE 23, 2008 |
- Cruise company hikes fuel surcharges again
Surcharges doubling as cruise operator tries to combat escalating bunker prices.
- High speed ferries slow down to save fuel
Stena Line says journey times are being increased on two routes.
- Global bunker market report
- Fuel efficiency 'key criterion' for newbuilds
China Navigation expects bunker savings of more than 40% compared with similar vessels.
- Rescuers warned not to puncture bunker tanks
Philippines Coast Guard considers boring holes into ferry's hull amid growing fears that hundreds have died.
- Busan prices hit record levels
- Rotterdam MDO clear and bright tight
- Tug masters jailed for Hebei Spirit spill
Master and chief officer of the single-hulled VLCC cleared of wrongdoing.
- PowerSeraya to build oil blending tanks
Tanks will enable company to meet the needs of its customers in the marine bunkers and cargoes markets.
- Typhoon threatens Hong Kong operations
Typhoon Fengshan is expected to disrupt bunker deliveries in Hong Kong over the next few days.
- Costly bunkers may lead to 'profound changes' in shipping
Malaysian shipowners warn of higher freight rates and bunker surcharges.
- Hambantota bunker terminal plan 'too optimistic'
Remarks by a Sri Lankan official downplayed by industry source.
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