|JULY 15, 2011|
- Pirates more violent but less successful
Piracy attacks on the world's shipping rose by a third in the first half of this year and became increasingly violent, with pirates using machineguns, grenade launchers and other weapons, a maritime watchdog said yesterday.
- Cosco to spend US$12m to protect ships
Chinese shipping giant Cosco Shipping will spend US$12 million on armed guards and other measures to protect its ships, a report said yesterday, after the UN warned of a growing threat from pirates.
- Rolls Royce wins anchor handling systems deal
Rolls-Royce is supplying advanced anchor handling systems to four offshore vessels being built in Singapore.
|JULY 15, 2011|
- TS Lines and Hainan Pan Ocean Shipping end Shanghai-Long Beach loop
- Long Beach containerised imports increase 3.5pc, exports rise 9pc in June
- Poor market induces Hamburg Sud to cut north Europe-Turkey loop
- Zim to delay Asia-Europe US$275/TEU rate increase until August 1
- HK carriers join Cosco in stationing armed guards aboard to repel pirates
- Pirate attacks rise 36pc, but first half vessel seizures decline 28pc
- Egyptian civil strife behind Suez Canal strikes and disruptions
- Ship's captain in Hong Kong to face electronics smuggling charges
- Chongqing opens 55-hour, 48-container rail service to Shanghai
- Alashankou checkpoint cargo volume up 6.8pc in first five months
- Port of Hamburg HHLA installs self-service truck container check-in
- US backs Danish law in TCC bid for damages over breaking cargo vows
- US Surface Transportation Board cuts filing fees from US$20,000 to $350
- FinanceAsia poll finds ICTSI among best managed companies in Asia
- Germany's Interbrau exports barley in containers through Le Havre
- Fraport June cargo off 6.4pc to 180,000 tonnes, but up 1pc in first half
- Kuwait-based Agility starts weekly China-Lithuania air freighter service
- Lufthansa Cargo posts 14.8pc first half tonnage growth to 953,830 tonnes
- Saipan's Cargo Air Bridge seeks investment to fly fruit and veg to Guam
|JULY 15, 2011|
- Capesize shipping contracts up
- Italian NVOCC, Fortune International, joins INTTRA network
- MOL to launch hybrid car carrier in June 2012
- Safmarine announces direct, weekly service between ISC, Middle East & ECSA
- India imposes anti-dumping duty on chemical from China
- India & China billed to lead global aviation
- Tea output up 5 pc in May, exports rise a tad
- Play the Balancing Act
|JULY 14, 2011|
- Guilty plea in Duck boat case
- House hearing focuses on ballast water management
- Austal books order for three wind farm support catamarans
- More pirate attacks, but fewer successful hijackings
- MOL solar hybrid ship set for June 2012 launch
|JULY 14, 2011|
- First shipment of local baled pulp exported from Port of Grays Harbor
- Boeing opens new Renton facility to boost Next-Generation 737 output
- NYK holds naming ceremony for new LNG carrying vessel
- Port of Seattle finalist for sustainable shipping honor
- Bellingham port board eyes new restaurant as airport tenant
|JULY 14, 2011|
- US hurricanes offer hope for European gasoline exports
Weather in US Gulf could exceed seasonal average over the coming months, potentially boosting gasoline imports
- MR product rates flat as driving season imports halt
Brokers expect further stagnation next week due to sufficient vessels available
- Refinery capacity growth set to boom
China will lead the way with almost 25% of the total, and North America will also see expansions
- Latin America drives high volume
Chile took the majority of US exports due to a rise in seasonal demand and lower natural gas exports from Argentina.
- Rio Tinto production back on track after weather delays
Second quarter production figures from Rio Tinto's Australian mines show iron ore and coal volumes have bounced back from low levels seen during the first three months of the year when severe weather hit facilities across the country
- Fronthaul capesize prices stay ahead of panamaxes
Capesize fronthaul voyage rates have managed to stay above those of smaller panamax bulkers for over three weeks now but transatlantic trips are still cheaper on larger vessels as European bulk commodity demand drop
- Germans focus on piracy
Maritime minister brings forward summit with VDR, indicating ruling on armed guards
- Opening address to MEPC is timely reminder of need for compromise
IMO acts out of its own sensitivity and care about the environment, not because others say so
- Israel and Lebanon take undersea border dispute to the UN
Outcome will have implications for Israel's move to becoming major gas exporter
- US Senate votes to scrap ethanol tariff and subsidy
Move would provide boost for shipowners as Brazilian ethanol imports into US increased
- Work on tie-backs from Tamar to start next year
Noble Energy's $88m contract with EMAS AMC shows how subsea activity is vital in allowing oil producers to make scale economies with existing infrastructure
- P&I clubs draw up confidential lists of approved security providers
Pirate attacks fuel escalating requests from shipowners for guidance
- UK government revises coastguard closure plans
Three stations facing the axe will now stay open and hours will not be reduced
- The 'disease of sloppiness' breaks out yet again
The Department for Transport has yet to address concerns over how the standards of pilotage around the UK coast are at risk from commercial pressures
- Exposing 'hidden scandal'
Grey's spotlight on Somali piracy was spot-on
- Insurers back cargo-stowing campaign
IUMI to hold session on accidents caused by badly stowed or overweight containers
- Slater has got it wrong on UK non-doms
Foreign business people do pay British tax, and they are willing to leave the country if the regime is changed
- Assessing companies' liquidity is a long game
What impact will debt burden have on tanker and dry bulk owners in 2011?
- CSAV seals joint services pact with MSC
Three-year deal announced as MSC reveals it is postponing the transpacific Jaguar service it planned to operate with CMA CGM and Maersk Line
- Pirate attacks rise to 266 in first half of year
More than 60% of incidents attributed to Somalis, says International Maritime Bureau
- Los Angeles rapped for cost overruns
Audit highlights six projects by city's Harbour Department that were estimated at a combined $20m but ballooned to more than $116m
- Marseille-Fos seeks operator for giant drydock 10
Port authority launches another tender for repair facility at Mediterranean hub
- MEPC needs to show progress
There is a risk that agreeing an international solution for reducing carbon dioxide from shipping could be taken out of the IMO's hands
- Australia's carbon tax law looms closer
Now PM's hands are tied over scrapping green laws, shipping will have to bear the brunt
- Long Beach box volumes up 6.6% on the year
Analysts warn that for the US as a whole, import volumes remaining flat or falling
- Fraud charges loom closer for Beluga founder
Bremen prosecutor's office publishes preliminary results of its investigations
- The seafarers' champion
Michael Grey articles in Lloyd's List win praise
- Robin returns home
Britain's last remaining steam coaster returns to its east London roots
|JULY 14, 2011|
- Italy offers soldiers for hire
ITALY'S government has reportedly agreed to allow shpowners to pay for the use of soldiers to protect Italian-flagged ships from pirates
- Consolidation blocks box market entry
BARRIERS of entry to the container market have risen as consolidation has taken hold, Fairplay has been told
- HHI labour deal agreed
HYUNDAI HI said it has reached an accord with labour officials that would raise some bonuses by 800%
- 'K' Line to transport grain
'K' LINE said today it has closed a deal with Japan's National Federation of Agricultural Co-operative Associations (JA) to transport grains from North America and Australia
- Pirate attacks rise in first half
PIRATES attacked 266 ships in the first half of the year, up from 196 ships a year earlier, the International Maritime Bureau said today
- Asia/USWC service axed
TS LINES of Hong Kong today confirmed to Fairplay it will be suspending an Asia/US West Coast service running jointly with China's Hainan Pan Ocean Shipping
- 135% profits rise seen for Precious
SECURITIES group PhillipCapital said in a research note today that it expects Precious Shipping's 2Q2011 net profits to grow more than 135% year on year
|JULY 14, 2011|
- J.B. Hunt Transport Profit Jumps 26 Percent
J.B. Hunt Transport Services raced ahead of a slowing economy in the second quarter, increasing net profit 26 percent over...
- Drewry Forecasts Persistent Container Shortage
Although container production is up in the wake of last year's critical shortages, prices for the boxes have nearly doubled...
- Los Angeles Imports Fell 10.2 Percent in June
Imports into the Port of Los Angeles fell 10.2 percent in June from the same month a year ago, throwing...
- FedEx Raising Spending to $4.2 Billion in 2012
FedEx will increase capital spending 24 percent over the next year, adding $800 million as it replenishes its fleets with...
- Congress Eyes 'Confusing' Waterways Environmental Rules
Lawmakers will have to cut through a knot of "confusing, contradictory" rules to establish effective regulations controlling invasive species in ships' ballast...
- Damco to Handle Marks & Spencer's China Hub
Damco, the logistics arm of the A.P. Moller-Maersk Group, will manage Marks & Spencer's mainland China hub operation, as the...
- EU Trust Busters Probe Frankfurt-Hahn Airport
European Union competition regulators launched an investigation into public loans to Frankfurt-Hahn Airport, a German freighter hub, to ensure they...
- Liberty Property Enters Inland Port Chicago Market
Liberty Property Trust gained first inland port access by buying 1.2 million square feet of warehouse and distribution space adjacent...
- Class 8 Truck Order Backlog Expands
The backlog of Class 8 trucks on order to be built is getting bigger, as demand for new trucks remains...
- Investors Favor Ports in Africa, Latin America and India
Private investors, returning to the global port industry following the credit crunch, are targeting projects in Africa, India and Latin...
- Autos, Chain Stores Boost Retail Sales
Retail sales rose 0.1 percent in June as a rise in spending at automobile dealerships and chain stores offset a...
- Growth Slows in Manufacturing Index
An index of manufacturing activity grew more slowly during the last three months but indicated expansion for the seventh consecutive...
- Trans-Pacific VSA Postpones Plans for Third String
Overcapacity and slowing demand on the trans-Pacific spurred CMA CGM, Maersk Line and Mediterranean Shipping Co. to postpone the launch...
|JULY 14, 2011|
- Another transpac sling culled - as PSS deferred until August
- Piracy soars more than a third in H1 11
- Shanghai pulling away from Singapore
- CSAV clarifies alternative service arrangements
- New Black Sea service for Maersk
|JULY 14, 2011|
- Rand bags bulker
Nasdaq-listed bulker owner shells out $2.6m to take Maritime Trader from Canadian court's crosshairs.
- Sembcorp boosts backlog
Singapore-listed shipbuilding group scores $493m order for integrated processing and living quarters platform.
- Gurus dissect GMR tactics
Analysts examine New York-listed tanker owner's approach to liquidity amid market downturn.
- CSAV inks MSC alliance
Chilean liner giant prepares to ride out market downturn as 33 boxships work new partnership.
- Ferry to paradise?
Indian government considers launching new passenger route to Maldives.
- Coastguard u-turn praised
Nautilus offer cautious praise for government pledge to keep 10 marine rescue centres open.
- Glory Wealth trumps KLC
A $23m award that bankrupt Korea Line Corp won against a Chinese charterer is sent back to the arbitrators.
- Pirates hamper climate study
Scientists claim growth in incidents is making Indian Ocean no go area for study groups.
- Military cargo quandary
Kenyan report links ship to military hardware allegedly bound for South Sudan.
- SCI spree continues
Indian state owner signs up for new 3,500-teu boxship at Rongsheng Shenfei in China.
- Safmarine adds new service
South African container and break-bulk firm to introduce 'Rumba/Prime 4' service.
- K Line agrees grain deal
Contract agreed with JA Group to ship two million tons of grain to Japan.
- Beluga 'fraud' net widens
Scale of alleged fictitious sales tops $90m as pressure mounts on Niels Stolberg.
- LA blasts port overspend
City audit shines light on 'mushroomed' costs for Port of LA projects.
- Target aims for HK?
Anthony Comninos-led Greek owner linked to listing in Hong Kong worth up to $300m.
|JULY 14, 2011|
- Adverse demand
Big 3 postpone new transpacific serviceThe world's three biggest container lines have postponed plans to introduce a transpacific shuttle service this year until the second quarter of 2012, one of the lines said Wednesday. Maersk Line, Mediterranea...
- CSAV ties up MSC deal
Chilean liner carrier CSAV said Wednesday it has cemented a three-year deal with Mediterranean Shipping Co. to partner on a trio of trades from the end of this month. The agreement covers services on the northern Europe/West Coast South America, E...
- Big 3 postpone new transpacific service
The world's three biggest container lines have postponed plans to introduce a transpacific shuttle service this year until the second quarter of 2012, one of the lines said Wednesday. Maersk Line, Mediterranean Shipping Co. and CMA CGM had planned ...
- Another transpacific service suspended
Hainan PO Shipping and TS Lines have pulled one of their three jointly operated transpacific services, according to the lines' online schedules. Maritime news outlets reported Wednesday that the lines had immediately stopped running their TP1 loop....
- Hamburg Süd merges intra-Europe strings
Liner carrier Hamburg Süd said it is merging a two-string service connecting northern Europe and the Mediterranean into one loop. Citing "unfavorable trading conditions," the line will suspend its Northern Route service from the first week of Augu...
- Jumbo starts building heavy-lift vessel
Rotterdam-based Jumbo Shipping has entered an agreement with the Brodosplit shipyard in Split, Croatia, to build a top segment heavy-lift vessel. The vessel will have a length of 152.6 meters and a beam of 27.4 meters and is equipped with two 1,100...
- Swissport handles Finnair's cargo in Brussels
Swissport International, a provider of ground services to the aviation sector, has won the cargo ground-handling contract with Finnair covering its operations at Brussels International Airport. Finnair operates about 2,300 scheduled passenger fligh...
- BIS includes South Sudan in export controls
The U.S. Commerce Department's Bureau of Industry and Security has amended the Export Administration Regulations to add controls on exports and re-exports of U.S.-origin "dual-use" items, products with both commercial and military applications, to...
- Zepol: U.S. imports down 7.4% in June
U.S. import shipment volume for June decreased 7.4 percent from the same month in 2010, trade intelligence firm Zepol Corp. said Wednesday. The analyst said the volume, measured in TEUs, also decreased 4.6 percent from the previous month. The total...
|JULY 14, 2011|
- GHG deal at IMO unlikely to stave off EU action
What is on the table is 'too little, too late' to satisfy European Union CO2 reduction targets.
- Fujairah market firm
Durban markets firmed over the day.
- Rotterdam prices firm
Quiet day of trading in Hamburg.
- Andreas Chrysostomou re-elected as MEPC Chairman
During plenary, IMO Secretary-General congratulates Chrysostomou on his excellent record and for winning the 'well-deserved' Sustainable Shipping award.
- Dan-Bunkering appoints sales manager in Singapore
Madeline Lee has 17 years of bunker industry experience.
- Bunker prices at key ports mixed
Supplies of bunker fuel not an issue at major Asian ports on Thursday.
- Russia to create strategic oil products reserve
Products for reserve to be purchased from oil companies at market prices.
- Vietnam-based supplier expanding ISO 8217:2005 spec to all ports
ISO 8217:2005 380 cSt and 180 cSt grades currently only available at South Vietnamese ports.
- India to improve bunkering facilities at Tuticorin port
As part of initiatives to strengthen bilateral maritime cooperation with Maldives.
- China's bonded bunker sales up 21% in H1
China may sell 10 million mt of bunkers in 2011, sources say.
- Singapore sells record amount of bunkers in June
Bunker sales up even as the number of 'bunkers-only calls' fall from May's level.