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| JUNE 30, 2009 |
Shipping News
- S'pore players excel at Seatrade awards
Singapore companies shone at the Seatrade Asia Awards 2009 in Shanghai - among them rig-builder Jurong Shipyard, which won the Offshore Yard award, and PSA, which won the Container Terminal award.
- Bullet trains begin service in UK
Britain's first 'bullet trains' entered service here yesterday, bringing high-speed travel to the world's oldest rail network. But government spending cuts, prompted by the global recession, may stunt plans to extend the project.
- Toll Group clinches Gorgon Project deal
Asia-focused logistics provider Toll Group has sealed a A$180 million (S$212 million), three-year contract to manage the Barrow Island supply base and logistics services for Chevron Australia for the Gorgon Project off Western Australia (WA).
- Pirates attack two ships off M'sia
- Somali pirates release Belgian ship, crew
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| JUNE 30, 2009 |
- Hong Kong's OOCL wins Best Liner Owner and Operator award
- Shekou Container Terminal welcomes new Asia-West Africa service
- Shenzhen container volume decrease narrows in May
- Chiquita fruit carrier Eastwind Maritime declares bankruptcy
- Ningbo Port Southeast opens new branch office in Jiaxing
- US GDP falls 5.5pc in first quarter as decline slows
- CargoSmart launches 10+2 US Customs software programme
- TNT signs Astrata for GPS spy-in-the-cab technology on Asia trucks
- Kaliningrad import container traffic plummets 58.4pc
- DHL enhances Medical Express with clinical trial focus
- Lufthansa to proceed with Belgian, British BMI acquisitions
- HKIA, transport sector need to expand network in PRD: Eva Cheng
- Qantas and Boeing agree to delaying Boeing 787 orders
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| JUNE 30, 2009 |
- FFFAI convention was Grand GOAing!
- Shipbreakers oppose ratifying IMO convention on recycling
- Maersk Line hikes rate in N-E & S-E Asia to NZ trade lanes
- Finland's Containerships hikes bunker surcharges
- AE1 service calls at Felixstowe port
- Evergreen Line restores rates on 2 major routes
- Zim to implement EBS of $ 75/TEU
- ...expands Med capacity
- Team Lines includes 1,440-TEU feeder ship in Hamburg-Finland regular service
- CMA CGM makes grand entry into exalted Million-TEU Fleet Club
- Far East-Med services cut only by 24 pc in 2008, not by half
- 3 Russian ports join Europe's Top 20
- MSC's new Kattigara service calls at Chiwan Terminal
- JMT to manage Messina Line's cargo operations
- Wilhelmsen Ships Service make strides in China
- ...offers Maya feeder service
- China Merchants, Wan Hai & Sinotrans in new liner service
- APM/Maersk to diversify investments to high-yield oil, terminals
- Ports Regulatory Authority Bill proposes stiff fines for violating instructions
- MoS panel examining ways to improve Major Ports' efficiencies, capacities & earnings
- PPP port projects to come under MoS scanner
- VCT holds blood donation camp as part of 6th anniversary fete
- Lanco pulls out of Vizhinjam ICTT project
- Inflation rate stays in negative for second week
- AIAI hails state's Konkan package
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| JUNE 28, 2009 |
- SAS Cargo CEO Kenneth Marx to step down
Kenneth Marx, the president and CEO of SAS Cargo, has informed the management of the Scandinavian group that he wishes to resign from his position as leader of SAS C...
- Royal Jordanian president/CEO Samer Majali resigns
Royal Jordanian's board of directors has accepted the resignation of the president and CEO Samer Majali, effective from 1 August, upon his request. Majali joined the...
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| JUNE 29, 2009 |
- Chemoil in ownership talks
- Pirates release dredger Pompei
- Mangkai piracy warning issued
- Lindenau close to collapse
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| JUNE 29, 2009 |
- South China Sea piracy warning
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| JUNE 29, 2009 |
- Steel imports into US drop 17.1 percent in May
- Marcon celebrates mark of 1,000 vessels sold
- Port of Portland sponsoring 'Kids Port' exhibit at OMSI
- Truck tonnage index improves during May
- CSX announces plans to cut CO2 emissions
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| JUNE 29, 2009 |
- Somalia ransom payments soar to $3m
RANSOM payments for ships hijacked off Somalia have hit a new high of $3m and prices are expected to continue rising
- Kidnap cover achieves recognition by mutuals
- Shell and Sovcomflot form Arctic LNG alliance
COMPANIES join forces to tap huge potential for liquefied natural gas shipping in Arctic waters.
- Royal Caribbean targets $250m from bond issue
ROYAL Caribbean has come to the US capital markets with a plan to raise $250m through a bond offering.
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| JUNE 29, 2009 |
- Philippines fixes Aden rules
THE PHILIPPINES employment association has approved a resolution covering the deployment of its seafarers in the Gulf of Aden, Fairplay learnt today
- De Poli shipyard to go bankrupt?
VENICE'S Cantieri Navali de Poli shipyard may become bankrupt after only a few of its 740 creditors backed a preventive agreement that would have stopped it
- Patrick, P&O settle collusion case
AUSTRALIAN stevedores Patrick and P&O Ports have settled a collusion case brought by the Australian Competition and Consumer Commission over the jointly-owned vehicle handler Australian Amalgamated Terminals
- LPG tanker raided in South China Sea
AN LPG tanker has been raided and the crew robbed of cash and other belongings in the South China Sea
- Pirates free Belgian dredger
PIRATES have freed a Belgian dredger hijacked two months ago off the Seychelles
- Shell bags Russian offshore deals
SHELL has struck a deal with Russia to develop several gasfield projects in the country, following a meeting with prime minister Vladimir Putin
- Royal Caribbean pares outlook
ROYAL Caribbean said today that fuel and currency moves will cut earnings, but reported hopeful signs on pricing
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| JUNE 29, 2009 |
- Importers Plead Guilty in Tainted Pet Food Case
- ITC Favors Duties on Chinese Tire Imports
- CSX To Cut CO2 Emissions 8 Percent
- DAL Adds Marseilles to South Africa
- NY-NJ Adds to Rail Incentive
- Masked Mob Ransacks Marseilles Port Office
- Truck Tonnage Decline Slows in May
- TSA Deploys Canine Teams
- Short Lines Edge Higher
- SCI to Upgrade Middle East Service
- Hamburg Süd Delivers Heavy Lift Helicopters
- Antwerp Opens All-Weather Terminal
- Asia Air Freight Traffic Falls 18.6 Percent
- Matson Reaches Labor Settlement
- Japan, U.S. Sign Trade Security Pact
- Forth Ports Forecast Improved Profits
- European Barge Operators Seek Aid
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| JUNE 29, 2009 |
- AADA catches up with fuel increases
- Tasmanian rail back in government hands
- Forth Ports: 'holding up well' at H1
- MOL changes North China-Singapore service port line up
- Matson strike short-lived
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| JUNE 29, 2009 |
- Merger barges in
Merger of US energy players Teppco and Enterprise Products Partners to include a 223-unit tank-barge shipping business.
- Bulker buy tied up
OceanFreight confirms purchase of 2004-built capesize, which has been chartered for three years.
- Sale stalls
Chemikalien Seetransport sees Chemtrans Lyra sale hit the buffers for a second time, brokers say.
- Index launched
Investor relations outfit launches indexes to track US-listed shipping stocks.
- Two bridges hit
Damages are described as minor after products tanker Kriti Jade strikes two bridges near San Francisco.
- Dismissal upheld
Federal appeals court in Virginia upholds judge's ruling that a dispute over MSC Johanna collision with a dredger in 2007 should be battled out in China.
- High & low notes
RCCL eyes $250m from notes issue amid warning rising costs will hurt its full year returns.
- Grey cruising
Grow old and get ill with like minded 'shipowners' in sunny Florida.
- Safe and well
Ariana's Ukrainian crew in good physical and mental shape after vessel was hijacked on 2 May.
- Bergshaven fights
Shipowner who lost retrospective tax battle hopes to take $31m claim to Norway's supreme court.
- Cash for Havila
Oslo-listed offshore owner gets NOK 50m to play with following TRS deal with DnB NOR.
- Eitzen robbed
Knife-wielding pirates hit Eitzen Gas vessel in the South China Sea as attacks in the region escalate.
- LIC has nibble
Indian insurer snaps up another 2.6% of domestic shipbuilder Bharati.
- Aegean collision
Schulte boxship and Atlas general cargo vessel clash off Turkey, but no injuries reported.
- Sovcomflot signs
Russian owner agrees cooperation deal with Shell for LNG projects and tanker charters.
- Loan window
GSL given an extra month to rearrange $800m loan, with dividend again put on ice.
- MPSV chopped
Dof Subsea cancels Indian newbuilding order with deposit on its way back to Steve Brown-led owner.
- And costs too
Hapag-Lloyd faces $20m bill as judge follows up streamer collision ruling with order for container line to pay most of the legal costs.
- Picket scrapped
US to Hawaii line Matson averts strike action by inking deal on officers' pay with unions.
- Discounted deal
Premuda agrees a 15% price reduction to dispose of panamax tanker.
- Attack averted
Iranian navy warship foils pirate plan to hijack NITC VLCC in Gulf of Aden.
- Q-Ship fixes
Qatar owner signs two-year time charter for 2006-built aframax with India's Bharat Petroleum.
- Five on block
TTA to sell five bulkers by September amid gloomy market outlook, says Chandchutha Chandratat.
- Box hunt
Some of the containers of toxic chemicals that fell overboard Safmarine vessel have been recovered.
- Aground
German-owned MSC-chartered containership grounds in Sepetiba Bay off Brazil, but no pollution reported.
- Car crash
Wallenius Lines vehicle carrier damaged after hitting pier at Hueneme, California.
- Catch 22
DNV study rules out year-round trans-Arctic liner services between Europe and Asia for now.
- Fatigue study
Multi-party European research project aims to tackle the problems posed by seafarer fatigue.
- Adrift
More than 200 passengers stuck on disabled ferry off Philippines, awaiting rescue from sistership.
- Pair fixed
Norwegian rig owner Seajacks lands UK wind installation gig: to rent land facilities from UK's Port of Barrow.
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| JUNE 29, 2009 |
- Matson, unions agree on new contract
- Fitch downgrades Delta, warns U.S. airlines could default
- UPS acquires Turkish service agent
- Customs seizes $10 million of counterfeit goods
- Coast Guard reports two ship accidents in California
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| JUNE 29, 2009 |
- Rolls-Royce invests in Odim
Rolls-Royce buys 33 per cent of the shares in the technology company Odim from Aker Solutions ASA for approximately NOK 700 million. The agreement is conditional on the approval
- Sovcomflot and Shell in LNG alliance
Shell and Russian Sovcomflot has signed a General Cooperation Agreement ' the two companies will cooperate in potential LNG shipping projects in Russia, including the Arctic region. The agreement includes, among
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| JUNE 29, 2009 |
- Washington State increases oil spill preparedness
Drill hopes to improve response times.
- Larger kites gaining interest
Rising fuel costs and pressure to reduce GHG emissions boosts prospects for new, bigger kites.
- European bunker prices soften
Crude oil prices were showing gains on the NYMEX.
- Asian bunker demand 'holding steady'
Increase in fuel oil cargo arrivals not expected to weaken margins.
- Warning on impact from rising fuel prices
Royal Caribbean looking to raise $250 million from notes offering.
- Hydrocracker outage leaves fuel oil surplus
Saudi Aramco offering another fuel oil export parcel.
- Rise in July export duties confirmed
Russian export tax on fuel oil to rise some 35% on July 1.
- Greek hub prepares for expansion
Container throughput up in first quarter.
- Bunker prices retreat Monday
Most Asian bunkering ports softer but tight avals keeps prices in Japan firm.
- Lintec's UK lab achieves 'gold standard'
Joins facilities in Rotterdam, Shanghai and Singapore with ISO 17025 accreditation.
- Brightoil plans S. Korea, Malaysia operations
Senior official outlines latest expansion plans.
- IBS to provide MSDS
IMO resolution to come into effect from July 1.
- Typhoon passes Hong Kong
Bunker operations have resumed.
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