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| AUGUST 10, 2010 |
Shipping News
- Full steam ahead for S'pore
SINGAPORE has had tremendous success in establishing a strong and dynamic maritime cluster covering all commercial, financial, operational and service aspects related to the maritime industry.
- Terrorist attack caused damage to Japan tanker
Investigators in the United Arab Emirates said on Friday that a terrorist attack caused the mysterious damage to a Japanese oil tanker last week as it passed through the Strait of Hormuz, raising fears of future attacks in the narrow channel that serves as a passageway for shipping crude oil from the Middle East to the rest of the world.
- India's busiest port closed, containers float in sea after collision
Jawaharlal Nehru Port, India's busiest container harbour, was closed yesterday morning as hundreds of containers floated in the sea following a collision between two vessels on Saturday.
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| AUGUST 10, 2010 |
- NOL quarterly profit US$100 million after $146 million loss
- Last big job - Panama takes bids for Pacific access dredging
- Port of Wenzhou half-year throughput up 8.7pc
- Logwin appoints southern China, HK country manager
- Port of Qinzhou half-year box volume up 139pc
- Evergreen, OOCL, Simatech to launch SE Asia Mideast service
- Royal Haskoning earns US$5 million in first half
- Norfolk Southern profit up 59pc, sales rise 31pc to US$2.4 billion
- US rail box loads hit 2010 highs, Canada does even better
- Tampa oil berth gets free federal money for reconstruction
- Port of Oakland's first half throughput rises 12.9pc
- Jaxport container traffic up 10pc in first half
- Nanning-Taiwan direct flights now in service
- Schenker Logistics to build terminal at Austria's Klagenfurt airport
- BIFA Freight Service Awards 2010 opens for entries
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| AUGUST 10, 2010 |
- Amet University bags Best Maritime Academy Award
- Mammoet Salvage ties up with Link Shipping
- 6-fold rise in Essar Shipping's Q1 net
- Maersk Line to open new Far East-West Africa loop on Aug. 12
- OOIL records H1 net at $ 287.3 m
- Hanjin Shipping earns $ 146 m in Q2
- Hamburg Sud to raise USWC, Canada to Europe rates
- NYK takes on TSK's intra-Asia business
- Sri Lanka port invites investors
- NOL Group swings into $ 100 m net profit in Q2
- Hapag-Lloyd to start transatlantic shuttle
- Five 3,500-TEU ships to double Matson's China-Long Beach service
- Westports & OOCL launch direct service to Japan
- Tianjin-Haikou box shipping line launched
- Six USADA lines to hike rates
- Cosco receives last of twelve 5,100-TEU ships
- UASC appoints UAAA for Australia market
- Operation cleanup & salvage in full cry
- Krishnapatnam port wins prestigious award for 2nd straight year
- Ports' performance proves to be a damp squib in April-July
- India may get more ships for breaking
- KPT to implement access control system at all buildings & Port area
- Port of Antwerp officials size up VPT's potential
- Kerala invites global bids to develop Azhikkal port
- Allcargo showcases expanded Mundra CFS facility at Gandhidham trade meet
- SC allows Kutch industries to claim rebate on exports
- Food processing SEZ in TN inaugurated
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| AUGUST 6, 2010 |
- DB Schenker Logistics to construct new terminal at Klagenfurt airport
The German service provider DB Schenker Logistics is investing in a new, ultra-modern logistics terminal on a 30,500 sqm plot of land at Klagenfurt airport (Austria). The new term...
- DHL obtains TAPA certification at Cincinnati/Northern Kentucky airport
DHL's principal US hub at the Cincinnati/Northern Kentucky (CVG) airport has been certified through the Transported Asset Protection Association (Tapa) programme. All of DHL Expres...
- New certifications for Wim Bosman in France
3PL logistic provider Wim Bosman France was granted AEO certification (authorized economic operator) by the country's customs authority on 21 July. Wim Bosman France rece...
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| AUGUST 9, 2010 |
- Noble orders second Globetrotter drillship
- Seaward wins Navy contract worth potential $51 million
- ITF to overhaul FOC policy
- Pushboat propeller shaft installation exceeds 216,000 running hours
- Incat Crowther designs wave piercer crew boat
- Bourbon reports increased revenues
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| AUGUST 9, 2010 |
- Open house scheduled to discuss Bellingham waterfront master plan
- Crowley funds scholarships at University of Alaska Fairbanks
- OOCL holds annual Green Week activities
- Panama Canal Authority receives dredge project bids
- Messenger courier association elects new slate of officers
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| AUGUST 9, 2010 |
- Economou to take 10% stake in Danaos
Move part of equity-boosting process that will see Danaos boss John Coustas and family plough another $100m into boxship company
- Danaos in moves to fend off cash crunch
- Danaos to tap markets for $200m after lender reprieve
- Greek owners start to regroup
- CSL inks 10-bulker deal at Chengxi yard
Group orders bulkers in deal reported to be worth more than $500m
- Angelicoussis inks $480m order spree with...
- Scrap sales recede after recent glut
Squeeze on capacity looms as Pakistan gets set for Ramadan while China lags on prices...
- Pakistan cashes in as scrapping rates firm
- Expanding Navibulgar buys Eastwind handysize pair
Newly privatised Bulgarian operator launches $260m fleet renewal and expansion with...
- Paragon mulls spin-off after clinching first...
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| AUGUST 9, 2010 |
- China's trade surplus grows
CHINA announced today that it recorded its biggest trade surplus last month since January 2009, but export growth slowed in July compared with the previous month
- Port rates rocket on grain ban
GRAIN export rates have reportedly risen sharply at some of Russia's Black Sea ports as companies rush to sell produce before Moscow's export ban starts on 15 August
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| AUGUST 9, 2010 |
- YRC Worldwide Plans Plea for Nasdaq 'Exception'
- Panther Expedited Launches $100 Million IPO
- Diesel Price Jumps 6.3 Cents to $2.991 per Gallon
- Shipper Accuses Forwarders of Fraud
- Trucking Activity Fuels TravelCenter Earnings
- Ships' Collision Closes Nehru Port at Mumbai
- BNSF Net Jumps 49 Percent to $603 Million
- Q&A: Port Truckers Face Future Without Carrier Chassis
- Joint Service Links India, Mediterranean
- Taking Initiative on Exports
- Shifting Tide for Waterways Funding
- Recovery Still Has Legs
- Granting Clean-Air Wishes
- National Gateway Intermodal Terminals
- Box Hauls Pull Rail Traffic
- Now, Chassis Shortages
- Unraveling Services at the Waterfront
- Shortage Claim Falls Short
- Stuck in the Middle
- YRC Turns a Corner
- Japanese Lines Back in Black
- Geodis Ready to Launch
- New Orleans to Build Reefer Terminal
- US to Resume Chicken Exports to Russia
- CARB Issuing Fines for Truck Violations
- US to Resume Chicken Exports to Russia
- Kuehne + Nagel Launches Europe-Japan Wine Service
- New RFID Tag Includes Thermometer
- Hamburg Reefer Pool Expands
- New Cold Storage Company Forms in China
- Truck Reefer Rates Lag
- FDA Tackles Food Safety
- Keeping a Cool Head
- Shrimp Harvest Shrinks
- Delivering a Mixed Bunch
- England's Cool Route to China
- Will China Beef Up Imports?
- Supply Chain Whiteout
- Investment Time
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| AUGUST 9, 2010 |
- ACS sells Dragados
- Marseilles affected by surcharges and service suspensions
- China's PMI down for third consecutive month
- Logwin appoints Chow
- US box imports to peak early
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| AUGUST 9, 2010 |
- CPLP plots public offering
Evangelos Marinakis-led products player may ask Wall Street to bankroll $44m tanker transaction.
- Genco in second Wall Street beat
Peter Georgiopoulos' Genco Shipping & Trading trumps earnings estimates as time charter strategy proves profitable in the second.
- Profit plummets at Paragon
Greek owner stung by bulker blues as rock-bottom rates slice second quarter result.
- OSVs swarm Mumbai crash site
Great Offshore teams with Dutch salvage outfit to battle Indian oil spill fuelled by ship collision.
- Sinotrans sees profit slip
Diversified drybulk strategy helps lift Hong Kong-listed owner in the first-half but result still falls short of payday logged in the previous period.
- Subsea 7 secures $100m deal
North Sea heats up as Kristian Siem-led owner scores second construction deal on the heels of fresh Apache pact.
- George pops up at Danaos
Greek magnate George Economou takes board seat after grabbing 10% slice of Danaos during major debt overhaul.
- Pertamina befriends Pal Shipyard
Indonesian owner awards five of six newbuilding contracts to local yards with PT Pal grabbing a duo.
- Dynacom tanker attacked
No arrests said to have been made by US Navy despite skiff being boarded in latest IRTC assault.
- Seanergy slips into the red
Boss Dale Ploughman predicts the dry-cargo market will take off again soon after watching Seanergy Maritime post a small loss in Q2.
- New Torm tanker boss jets in
Shell Aviation's Tina Revsbech takes Anders Engholm's seat at Danish owner with more appointments likely.
- Russia ban to "prop up" BDI
Analyst says Vladimir Putin's block on Russian grain exports will provide a helping hand for supramax owners.
- Syria Star freedom was 'heaven sent'
God and good luck conspired in miraculous release of hijacked ship after one day, owner says.
- Handy help for J Lauritzen
Torben Janholt-led shipowner has its handysize bulkers to thank for a surge in first-half operating profit.
- MSC Chitra in heavy list off India
Boxship damaged in smash with bulker Khalijia 3 off Mumbai listing badly but stable.
- 'Banks back to normal'
Arne Blystad linked Songa Offshore plans to refinance debt as banking and bond markets 'return to normal state'.
- STX wades in with Daehan bid
Korean group moves for control of struggling compatriot as a site to build VLOCs.
- Bourbon tips offshore rebound
French owner predicts offshore charter market will firm up this year after income and utilisation suffer in the first half.
- Syria Star free without ransom
Ship hijacked on Thursday with 24 crew in IRTC set free by pirates apparently with no money changing hands.
- Euronav loses $10m on VLCC sale
Belgian owner confirms TI Creation leaving fleet with $10m capital loss to be booked.
- Waves injure 23 off Taiwan
Fast ferry Ocean Lala "unsuitable" for deep sea work after being caught in tropical storm.
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| AUGUST 9, 2010 |
- Ships collide off Mumbai
- New Southeast Asia/Mideast service
- 'Ice Island' likely to reach Atlantic
- APHIS clarifies Lacey Act plant exemptions
- Panther plans stock sale
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| AUGUST 9, 2010 |
- Fredericia Skibsv'rft sells large floating dock to Turkey
Fredericia Shipyard has sold its Panama floating dock to a Turkish buyer, which took over the dock in Fredericia at the weekend. Shortly afterwards, it was towed away by the
- Cargo ship suddenly released ' no ransom payment
On 6 August, the cargo vessel Syria Star requested medical assistance for two crew members who were injured when the vessel was hijacked in the Gulf of Aden the day
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| AUGUST 9, 2010 |
- Weakening prices across the board
Double digit losses in Gibraltar.
- Fujairah prices show little movement
Prices weaken in Suez.
- Ban on grain exports to boost dry-bulk sector
Analysts expect demand for dry bulk carriers to climb.
- Pakistan: Fake Lubmarine sales warning
Total's new Pakistan branch for lubricant sales says some local companies have been selling counterfeit products.
- China's bunker market needs reform, says study
Bunker sales to international shipping lag behind growth in container traffic, says Poten & Partners.
- Fuel oil cracker starts partial production
Saudi Arabia's Rabigh plant briefly offered 380 cSt fuel oil parcel.
- Mostly softer IFO prices to start the week
Demand for bunker fuel below average at major Asian ports.
- Chemoil targeting Japanese clients
No plans to be a physical supplier in Japan.
- Bunker spill closes Indian port
Collision ruptures fuel tanks, large oil slick around stricken container vessel.
- MPA highlights environmental commitments
Response to study which named Singapore as top environmental offender.
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