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05 August 2020 The on-line newspaper devoted to the world of transports 06:58 GMT+2

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The Business Timesweb site
JANUARY 29, 2008
Shipping News
  • PSA Int'l in JV to develop Argentine terminal
    PSA International has made further inroads into South America with a joint venture agreement to develop Argentina's second largest container terminal and complementary logistics and warehousing businesses.
  • Hyundai Heavy plans to deliver 25% more ships
    Hyundai Heavy Industries Co, the world's largest shipbuilder, plans to deliver 25 per cent more vessels this year as it increases production to work through almost four years worth of orders.
  • Daewoo Shipbuilding to build parts factory
    Daewoo Shipbuilding & Marine Engineering Co, the world's third-largest shipyard, said it will build a 162.2 billion won (S$240 million) parts factory to help work through an order backlog of almost four years.
  • Vietnam to start building 9 ports

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Sched Netweb site
JANUARY 29, 2008
  • Another California box tax to raise new costs by US$160 per FEU
  • Mechanical and electrical products dominate China's exports in 2007
  • Ningbo ports handle 9.3 million TEU in 2007, up 32pc
  • Jiaxing throughput reaches 24 million tonnes in 2007
  • Zhangjiagang Free Trade Zone cargo volume exceeds 9 million tonnes in 2007
  • FM Logistic Group invests in mega logistics facility in Jiangsu
  • China's demand to logistics professionals to exceed 300,000 by 2010
  • New Silk Road rail trip beats odds, shaves five days off 20-day run
  • Work starts on US$586 million Cape Town container terminal
  • Freight forwarders slam private CFS box charges in Kenya
  • FedEx said to be in talks to take over of DHL operations in US
  • UAE's Fujairah International Airport cargo volumes rise 16pc in 2007
  • Carriers eager to enter India air cargo market

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Exim Indiaweb site
JANUARY 29, 2008
  • Grand Alliance upgrades ATX service in cooperation with Zim
  • FEFC lifts UK congestion charge
  • MOL extends weekly container service to Israel via Damietta
  • DP World container throughput up by 18 pc
  • Rickmers-Linie ships 26 fire-fighting trucks to Vietnam
  • Shenzhen retains No. 4 box port spot
  • Eddie Filus joins iss in liner development role
  • Hanjin to invest $ 2 bn in Philippines' biggest shipyard
  • Agility unveils acquisition of Starfreight Logistics in Kenya
  • Evergreen chief sees increased trade on Asia-Europe route this year
  • US box scanning law effective 2012 seen detrimental to trade
  • Ace Logistics proves its mettle
  • Rice export ban waived for Comoros, Madagascar & Mauritius
  • IOC's LPG import facility at Cochin Port awaits statutory clearances
  • Bengal deep-sea port: JSW group to appoint project consultants
  • Essar Steel seeks GMB nod for captive Ro-Ro jetty at Hazira
  • CONCOR set to sprout wings!
  • Rlys earmarks Rs 20,000 cr. for streamlining high density network, improving 50 goods terminals
  • Saudi opens up to more Indian aircraft
  • TCI's operating profit up by 9 pc in April-Dec.
  • Sudip Mukherjee joins MFC Transport
  • Crude falls below $ 89 on economy worries
  • 9-point package deal for exporters awaiting cabinet nod

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International Transport Journalweb site
JANUARY 28, 2008
  • Peel Ports with new CEO Stephen Baxter
  • Grand Alliance upgrades ATX service in cooperation with Zim
  • TransContainer buys container platforms
  • DHL opens new hub in Stuttgart
  • World Air Cargo Event, Bahrain, 12-14 February

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Maritime Global Netweb site
JANUARY 28, 2008
  • Total to appeal Erika verdict
  • Hebei Spirit trial begins
  • Panama Canal charges go up
  • Cambodian cargo ship missing
  • Bayport bidding gets go-ahead

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Marine Logweb site
JANUARY 28, 2008
  • More jack-up deliveries from Keppel FELS

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World Wide Shipperweb site
JANUARY 28, 2008
  • Panama Canal Authority raising number of fees/charges
  • Port of Vancouver USA slates freight project open house
  • Anacortes port board elects new officers
  • Port of Everett in line for TWIC enrollment
  • Port of Grays Harbor reports good year for cargo shipments

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Lloyd's Listweb site
JANUARY 28, 2008
  • Tui faces revolt over merger plans
    MAJOR shareholders oppose proposed restructuring plans, including merger with Hapag-Lloyd.
  • Tui set to merge with Hapag-Lloyd
  • Greens see red as Total announces appeal
    GROUPS plan to lodge own appeals following oil major's decision to challenge Erika verdict.
  • UK tightens tonnage tax laws
    SOME vessels will no longer be eligible for tax benefits, following re-interpretation of EC guidelines.

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Fairplayweb site
JANUARY 28, 2008
  • USCG admits response failures
    The US Coast Guard has cited over 100 'lessons learned' from its inadequate response to the Cosco Busan accident
  • Mexico enters recycling fray
    MEXICO will soon host a new ship-recycling yard at Lazaro Cardenas and hopes to compete for some of the US Maritime Administration's 'ghost ships' on the West Coast
  • Russian crude loadings catch cold
    SCHEDULED tanker loadings of Russian crude oil for February indicate that volumes will be down by about 9% on January and 7% compared with February a year ago
  • Panama seeks cooperation on quality
    THE Panama Maritime Authority (AMP) has called on industry bodies to help it modernise
  • Condor dismisses sale speculation
    SPECULATION in the London shipping market that Condor Ferries was up for sale has been belated dismissed by the company
  • Top suit settlement reached
    TOP Ships has reached a preliminary agreement with shareholders in the class-action suit stemming from its controversial 2006 accounting restatement
  • Angry Medcare drops Kouan newbuilds
  • Stena and Scots talk routes
  • Bulker specialist in ferry swoop
  • Mexico stands firm on Punta Colonet
  • Barge dismantled by scrap thieves
  • Grimaldi invests in Minoan Lines
  • Firms named for Gdynia takeover
  • Thailand sees opportunity in palms
  • Shipping stocks in freefall
  • Japan bolsters Malacca surveillance

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The Journal of Commerceweb site
JANUARY 28, 2008
  • APL average revenue climbs
    Average revenue per FEU climbed by 12% as volumes jumped 18% in the six-week period from Nov. 17-Dec. 28
  • UN to vote on Cogsa treaty
  • Container volume up by 32% at Panama ports
  • GAO: Improve CSI evaluation
  • Commerce Dept. to expand foreign 'bad guys' list
  • Savannah boxes up 20%
  • Gulfport to receive $600 million for rebuilding
  • AeroLogic joint venture named by DHL, Lufthansa
  • Free-trade pact could threaten Canada shipbuilding
  • CSAV Norasia launches North Africa Service
  • Malta gets CMA CGM money

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Containerisation Internationalweb site
JANUARY 28, 2008
  • New Brazil West Africa link for Grimaldi
  • Houston gets go-ahead for additional quay
  • Southampton crane collapse aftermath continues
  • CARU acquires SCS and climbs leasing world ranking
  • Maersk shuts-up-shop at Port Everglades at a cost of USD7.8 million

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TradeWindsweb site
JANUARY 28, 2008
  • Green officers responded
    Among the findings in a report on the spill from the Cosco Busan in San Francisco Bay, inexperienced spill investigators were the first to size up the incident's size.
  • PDZ sells Gee Hong
    Malaysian intra-Asian boxship operator offloads 30 year-old containership to Trans Mediterranean.
  • Histria sells tanker
    Romanian owner's suezmax headed for conversion after a $22m deal.
  • Top Ships settles
    A year after a barrage of lawsuits over an accounting row at Top Ships, the lead plaintiffs lawyers say has settled with the US-listed owner.
  • Russians bag MPP duo
    Unnamed Russian interests buy up a pair of 6,850-dwt multipurpose ships for $14m each.
  • Schepers shears ship
    1,104-teu boxship Bernhard S sold to Dutch interests for nearly $21m.
  • ALG exceeds expectations
    Mature cruise specialist pledges to splash the cash on new vessels after seeing profits climb 12.5% in last year.
  • A Fantasy makeover
    Carnival Cruise Lines will install a new water park during a 35-day dry-docking of the 2,050-berth Carnival Fantasy.
  • Clipper nips more DFDS
    Danish owner almost doubles stake in compatriot ferry outfit to over 10%.
  • Takama priced at $45m
    Prosafe's purchase of a 1987-built VLCC for conversion into an FPSO is reported at $45m.
  • Use it or lose it
    Isle of Man ferry operator warns customers one ship will have to go if numbers don't improve.
  • CPP dividend grows
    Nasdaq-listed Capital Product Partners hikes dividend to $0.395 per share, a 2.6% increase.
  • Tsakos fixes two
    Unnamed South American state oil company takes newbuilding panamax tankers on three-year charters.
  • Star Bulk buys again
    Tonnage-hungry, Akis Tsirigakis-led Star Bulk Carriers takes Japanese capesize for over $83m.
  • Great Offshore profits surge
    Indian offshore player sees nine month revenue rising despite increased costs.
  • ITF blasts 'joke' contract
    Ship detained at UK port with ISM deficiencies as crew fear taking it out to sea.
  • Captain Uskov search still on
    China says it is still looking for the missing cargo ship, dismissing as premature reports it has been found.
  • Skaugen wins China approval
    Norwegian owner to form new Chinese holding company to pool yard and gas investments.
  • AAS continues red run
    Jones Act tanker player sees losses widen in the fourth quarter despite an increase in charter revenue.
  • Better again for Bharati
    Expanding Indian shipbuilder pushes up profit in third quarter as revenues jump.
  • Total opens wallet
    French oil major to settle entire EUR 192m civil fine in Erika ruling but pushes ahead with criminal appeal.
  • Shreyas curtailed by costs
    Nine-month profit falls as wages and fuel bills rise for Indian feedership owner.
  • G&B on the up
    UK general cargoship owner expects revenue increase this year after boosting fleet capacity.
  • Hush didn't hurt
    A new report into the Cosco Busan oil spill will attack the USCG for keeping quiet about the incident but praise the crew for its rapid response.
  • Scandlines ferry bashed
    Passengership suffers 18-metre crack in hull after hitting pier in bad weather in Trelleborg, Sweden.
  • Forth fends off oil transfers
    New rules on ship-to-ship operations could thwart Skaugen's plans for Russian crude in Scotland.
  • Gdynia talks to begin
    Field narrows to two in battle to control and revive Polish shipbuilder.
  • Numbers up at L&T
    Indian shipbuilder sees increased orders push up third-quarter profit by 40%.
  • Profits slide at MMM
    Under performing vessels help to push Malaysian Merchant Marine to a loss in the first quarter.
  • Kherson stronger
    Ukrainian shipyard increases 2007 profit after emerging from bankruptcy in 2006.
  • SCI revs up engine plan
    Indian shipping giant teaming with Cochin Shipyard and ports to make diesel units for domestic yards.
  • Vinalines primed for ports
    State-owned shipping firm to build nine ports over the coming year, CEO says.
  • Jan De Nul back at Uljanik
    Belgian dredging contractor splashes out on fourth dredger newbuilding at Croatia shipyard.

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American Shipperweb site
JANUARY 28, 2008
  • UN group adopts new draft cargo convention
  • GAC, GETMA make West Africa agency pact
  • Cargolux reducing fuel surcharge
  • Africa West picks Globe as Netherlands agents
  • New Zealand signs up for air cargo software system
  • Deutsche Post tries to quell DHL sale talk
  • Lufthansa Cargo partners in Tianjin airport cargo handling venture
  • Air India eyeing larger cargo footprint
  • Senate panel slams EPA chief on Calif. auto emission denial
  • Russia, North Korea discuss port-connected cross-border rail link
  • Waterfront Coalition balks at proposed national freight fee
  • Presidential directive requires improvements to "dual-use" exports
  • Trade law firm says First Sale Rule for imports under threat
  • Agility eyes China, India as U.S. government contract revenue slips
  • Commerce starts changes to 'deemed' export oversight
  • Cold snap paralyzing parts of China
  • Savi partners to tap into India market
  • GAO identifies gains, deficiencies in CSI program
  • SoCal ports record drop in vessel activity for 2007
  • BPA to issue $309 million in bonds for Newport development
  • China Shipping, Shanghai Port group in JV for iron ore transport
  • PSA, IPH partner to buy majority stake in Argentine firm
  • Panama Canal hikes fees for ancillary services
  • Guam receives $1 million Defense grant for port modernization study

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The Scandinavian Shipping Gazetteweb site
JANUARY 28, 2008
  • Heavy profit fall for Tallink
    The Estonian ferry owner/operator Tallink Grupp reports a EUR 186.6 million turn over for the first quarter in its fiscal year that starts on 1 September. That is EUR 3.7 million less than during Q1 the year ...
  • Total to pay but also appeal Erika verdict
    Oil major Total has decided to immediately pay the court ordered damages totalling EUR 192 million to victims of pollution when the tanker Erika sank in 1999. This is in addition to the EUR 200 million the company already has ...
  • LNG production restarted at Melkøya/Snøhvit
    LNG production at Melkøya, using gas from the Snøhvit field in the Barents Sea, has been restarted for the first time since 31 October last year, but only at 60 per cent capacity for the rest of 2008. Field and ...

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The Bunker Bulletinweb site
JANUARY 28, 2008
  • Major shortfall in new bunker barge tonnage
    Ban on carrying fuel oil in small single-hull tankers is being phased in this year, but only 16% of vessels built since 1996 meet regulation, expert warns.
  • Petrobras closes for Carnival
  • New member of Dan Bunkering's trading Team
  • Hawaiian move to ban residual fuel close to port
    State senator wants cruise ships to switch to 'cleaner fuel' within five miles of land.
  • Total expands German supply capacity
    Charters another barge to meet growing demand in Hamburg and along the Kiel Canal.
  • Total to pay spill compensation in full
    But company warns that court's 'unfair' guilty verdict in Erika case could make shipping 'less safe'.
  • S-Oil to cut February bunkers
    Cuts in crude oil throughput by Korean refiners signal lower bunker supplies.
  • Philippines to ban single-hull tankers in April
    Single-hull ban brought forward from 2010.

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