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Shipping News

India to invite bids to build 2 shipyards
INDIA said it will soon call for bids from private local and overseas companies to build two shipyards in the country.
NZ's Tauranga, Auckland ports in advanced merger talks
PORT of Tauranga Ltd may merge with Ports of Auckland Ltd, New Zealand's largest port, to create a company handling 50 per cent of the nation's trade.
Course mates
MORE than 130 golfers took part in the recent 2006 BTL Golf Masters - Singapore's longest-running shipping industry golf tournament - including SC Chan , Joachim von der Heydt , Cheng Wai Keung and Mario Da-Bove.

Strait Talk

Salvors: unsung heroes of the shipping community
THE past couple of weeks have been busy ones for the shipping community, with first the Maritime Week and now Martech.

Port Shots

Port Shots
GOLDENPORT Holdings Inc, the first Greek shipowner to list shares on the LSE, said its fleet is 98 per cent booked this year under charter contracts.

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Shipping News

India to invite bids to build 2 shipyards
INDIA said it will soon call for bids from private local and overseas companies to build two shipyards in the country.
NZ's Tauranga, Auckland ports in advanced merger talks
PORT of Tauranga Ltd may merge with Ports of Auckland Ltd, New Zealand's largest port, to create a company handling 50 per cent of the nation's trade.
Course mates
MORE than 130 golfers took part in the recent 2006 BTL Golf Masters - Singapore's longest-running shipping industry golf tournament - including SC Chan , Joachim von der Heydt , Cheng Wai Keung and Mario Da-Bove.

Strait Talk

Salvors: unsung heroes of the shipping community
THE past couple of weeks have been busy ones for the shipping community, with first the Maritime Week and now Martech.

Port Shots

Port Shots
GOLDENPORT Holdings Inc, the first Greek shipowner to list shares on the LSE, said its fleet is 98 per cent booked this year under charter contracts.

web site

Shipping News

India to invite bids to build 2 shipyards
INDIA said it will soon call for bids from private local and overseas companies to build two shipyards in the country.
NZ's Tauranga, Auckland ports in advanced merger talks
PORT of Tauranga Ltd may merge with Ports of Auckland Ltd, New Zealand's largest port, to create a company handling 50 per cent of the nation's trade.
Course mates
MORE than 130 golfers took part in the recent 2006 BTL Golf Masters - Singapore's longest-running shipping industry golf tournament - including SC Chan , Joachim von der Heydt , Cheng Wai Keung and Mario Da-Bove.

Strait Talk

Salvors: unsung heroes of the shipping community
THE past couple of weeks have been busy ones for the shipping community, with first the Maritime Week and now Martech.

Port Shots

Port Shots
GOLDENPORT Holdings Inc, the first Greek shipowner to list shares on the LSE, said its fleet is 98 per cent booked this year under charter contracts.

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OOIL to sell N America terminals Shanghai expected to handle 21m TEU in 2006 Maersk ships cars in containers Monika Ribar now Panalpina CEO Fujian to promote cross-straits logistics co-operation Port of Brunswick sees 11pc growth in cargo volumes Asia Logistics Award goes to Emirates Shipping Line BA executives quit in fuel surcharge scandal Cathay CE calls on Philippine president Comair to perform aircraft maintenance for other carriers

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MNSL upgrades Tuticorin-Colombo-Male weekly service M&As, JVs & offshore arms on SCI's agenda of options Anti-dumping duty imposed on CDs from East Asia India Inc emerges 2nd-biggest investor in UK Exim Bank to raise $ 250 m in Japan Curtain to go up on 'INDIAN PORTS & SHIPPING 2006'conference today Cochin Port posts 28.5 pc increase in H1 cargo throughput Nodal agency status accorded to Ennore, Mumbai Ports for developing large shipyards CONCOR will try & soften blow on users-Mehrotra Complete logistics solutions demand drives industry into rebranding mode Rlys posts 15.26 pc rise in H1 freight earnings CII Institute to conduct supply chain management course BoA clears 26 more SEZs, gives in-principle nod to 8 Help usher in economic reforms, PM tells Indian diaspora

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OCTOBER 11, 2006
Panalpina: Ribar takes over as CEO Grimaldi planning to take over Finnlines? Air France KLM traffic results September 2006 Fastline starts operations Norway Post acquired Scanex Port Management and Logistics Conference in Slovenia

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OCTOBER 11, 2006
Debt free Precious Grimaldi plans Finnlines takeover Horizon lines box boat named Exmar charters out LNG carrier Box awards for Vitarana and Yeager

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OCTOBER 11, 2006
Jacob and Nils Stolt-Nielsen targeted by grand jury Clustering in the Apple Seaspan in four ship deal with Maersk DSME sets $15.6 billion revenue goal

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OCTOBER 11, 2006
British Columbia ports eye forming single port authority Horizon Lines names new container vessel MITSUI vessel GIANT STEP breaks apart following grounding Washington governor leading seven-day mission to Korea/Taiwan Missing Sea-Tac Airport discs prompt Port of Seattle to hire credit firm

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North Korean ships banned from Japan ports after nuclear test JAPAN banned all North Korean ships from entering its ports yesterday as part of a package of tougher sanctions against the impoverished communist country following its apparent nuclear test last Monday. Dry bulk boom pays off for Precious RIDING on the booming dry bulk shipping markets, Thailand's Precious Shipping has paid off all its debts. Saudis join Middle East mega-hub contenders DUBAI'S success in developing a container port that ranks among the top 10 in the world is starting to stir up plenty of future com- petition in the region, with Saudi Arabia the latest country to draw up plans for a mega-hub of its own. Orient Eternity at risk of detention after loss of class ORIENT Steamship, the Hong Kong bulker operator, faces having the 1983-built 82,201 dwt combination carrier Orient Eternity detained at its next port call after Lloyd's Register suspended class of the vessel, writes Keith Wallis in Hong Kong.

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OCTOBER 11, 2006
Seaspan takes Maersk quartet VANCOUVER 11 October ' Seaspan Corp has acquired four 4,800-teu container ships from AP Moller-Maersk for $160M, bringing Seaspan's growing fleet to 41 vessels India plans big for shipbuilding IN two weeks' time, India's shipping ministry will float global tenders intended to put India on the world shipbuilding map Drugs counselling from Bimco BIMCO is offering advice subsequent to the news of the discovery of a large drugs cache affixed to a ship's hull in Bridgetown, Barbados Madrid mulls road-to-sea incentive THE Spanish government is considering an industry proposal for a new scheme that would reward road hauliers who opt for short-sea services Bangla fire raises safety questions A FIRE on a Bangladesh Shipping Corp vessel has added strain on the company's feeder services and raised questions about its safety standards Seven bidders in frame for GNV SEVEN investment funds are in the frame to take control of Italian ferry operator Grandi Navi Veloci PNG operator charters Aboitiz ferry Coccia puts case for GNV to Borg Efibanca launches specialist ship fund Guinier reassures tramp owners Fund manager wants more for Finnlines Migrant Watch: US/Caribbean Nuke test could stifle trade growth ITF warns of Guatemala crisis Auckland, Tauranga ports to merge NCL confirms Lloyd Werft penalty

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OCTOBER 11, 2006
Rotterdam box project approved The Dutch port (left) gets final approval for start of work on the $3.7-billion, 8.3-million-TEU Maasvlakte 2 terminal project. Customs wants more import data Congress urged to fund OECD Commerce sets meeting of Deemed Export Advisory Committee Canada confirms gateway plans Asia-Pacific lifts Lufthansa Horizon Lines names first of five new vessels Nafta rail trade gains 13% Union Pacific to build New Mexico intermodal hub Draft minimum for India? PSA eyes India's ABG

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OCTOBER 11, 2006
New Zealand port giants talk merger New Zealand's largest container ports, Auckland and Tauranga, have confirmed they are well-advanced in merger discussions and hope to have an outcome before the end of this year. Maersk sells off four ships for charter back Cargo agents' strike hits Northern Indian Christmas export shipments MSC to serve North Europe-West Africa shippers directly Major progress towards Canadian ports merger Red Sea investors jostle for Middle Eastern position More Spanish meat and bone meal backed up outside Indonesia Horizon newbuild launched Vladivostok terminal states first results since NCC split Swire Shipping consolidates brands Cochin Port bemoans 'inordinate' delay to Vallarpadam rail link Expansion plan looks like a shoo-in for Panama Canal Authority

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OCTOBER 11, 2006
Jacob in the crosshairs Stolt-Nielsen group's founder and his son, Niels, are 'targets' of US grand jury investigation, SNSA confirms. Dahlman bumps up New York investment bank raises 3Q estimates for most tanker owners while laying out hedged optimism for winter rates rebound. Genmar puts away four New York owner fixes out three suezmaxes and one aframax for three years as company seeks return to closer period-spot balance. Seaspan seals Maersk deal Canadian owner will buy four 4,800-teu boxships and then charter them back to Danish giant for a profit. Navios ties up more tonnage Nearly 75% of fleet now fixed for 2007 after owner confirms three new charters. Probo Koala set to leave Estonia Ship implicated in Ivory Coast "toxic slops" deaths ready to resume trading. SCI eyes more LNG Shipping Corporation of India to increase stake in LNG joint ventures but crude transportation likely to lead the way far into the future. Gdansk v Gdynia Polish yard takes parent to court over unpaid debts in row which could affect sell-off. Bourbon eyes four more Norway-based offshore vessel owner weighs up yards for supply ship order. Wallenius in control Wallenius and Singapore Shipping Corp end their longstanding partnership and new shipowning venture. LNG fears raised in India Safety fears over substandard construction hotly debated with LNG vessels as targets for terrorism once again to the fore. Madsen succeeds Hermansen DSD's finance director steps into shoes of Norwegian shipowner (right) who died last week. BSC suffers boxship blaze Fire on Bangladeshi vessel deemed "insignificant" after prompt action by crew. Free at last! Precious Shipping throws off the shackles of debt. Saldanha back soon Giant South African iron ore exporting facility set to resume loading operations late next week. Statoil splashes NOK 1bn Norwegian oil company secures three anchor-handlers from Havila and Solstad for up to eight years. Boreal crew on strike Seafarers on Orion Bulkers ship reportedly refuse to sail from Australia over pay and conditions. Daewoo aims high South Korean shipbuilder targets annual revenue of KRW 15 trillion by 2011, up from KRW 4.7 trillion last year. Unrest in Palermo Fincantieri shipyard workers demand guarantees over future as contracts dry up. Kiwi ports eye merger Fewer ship visits and competition prompt New Zealand's two largest port firms to consider their options. Crude awakening India needs to address the imbalance between production and consumption of energy while infrastructure lags behind.

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OCTOBER 11, 2006
MOL ship accident: 2 dead, 8 missing China Shipping receives 9,572-TEU ship MSC to start Europe/West Africa loop New Horizon Line ship christened CAI repurchases 50% equity from Interpool Vitarana, Yeager will receive "Connie" Awards Woyda to join Clarksons NWS to build 18 rail terminals in China ACE truck manifest runs in New York EC clears CFL Cargo transaction UN Security Council considers inspections of all North Korean cargoes Bush: U.S. committed to Peruvian free trade deal U.S. steps up enforcement against illegal Cuba trade Vapor heat treatment for certain Hawaiian vegetables may end International Matex building new terminal

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OCTOBER 11, 2006
Warning against European Jones Act European Community Shipowners' Association (ECSA) has warned against protectionist policies in the European Union, which could lead to a protective ... Danish union launched campaign in Poland The Danish union 3F and its transport division, headed by Henrik Berlau, is campaining again. The union has launched a ... Wallenius sole owner in Singaporean management company Singapore Shipping Corp, SSG, sells its 50 per cent share in Wallenius Ship Management in Singapore. Wallenius Line will by ...

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OCTOBER 11, 2006
Hong Kong SECA needs support from regional countries SECA status still bears hope because ''discussions have not die down'', a Hong Kong official says. Singapore suppliers back regulation through local initiatives IBIA official's call for global regulations sparks reaction from Singapore players. PDVSA office closed tomorrow Bunker tanker aground off Malta Refloating effort focusing on avoiding possible fuel spill. BP in $63 million Amsterdam terminal expansion Plans include four additional barge jetties and tank modifications. New blow for hopes of a Hong Kong SECA A Chinese official says it would be "impractical" to have a sulphur emissions control area Fuel oil cargo heads to new Singapore terminal this month SK Corp starts stock-building sooner than expected, but bunker deliveries must wait for jetties. Singapore gas oil cargoes bound for South Africa A total of about 100,000 tonnes of gas oil are destined for South Africa from Singapore. Singapore bunker players agree on Q4 bunker premiums Q4 premiums over MOPS 380 cst assessments for term cargoes largely similar to Q3. Japan: September retroactive bunker price down NYK, Nippon Oil agree to cut retroactive bunker price on softer crude and weak bunker demand. TACA to reduce bunker surcharges Lower BAF tariffs before implementation based upon latest monitoring of fuel prices. Buyers warned to debunker with caution Global testing agency warns of ancillary costs associated with debunkering, and cautions buyers to take testing tolerance limits into account with off-spec fuels. Singapore supplier moves office