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21 September 2021 The on-line newspaper devoted to the world of transports 08:30 GMT+2

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The Business Timesweb site
DECEMBER 13, 2006
Shipping News
  • Baltic Exchange opens regional office in S'pore
    FOR the first time in its 260-year history, the Baltic Exchange has opened its first office outside London, making Singapore its new Asia-Pacific base as it seeks to be more responsive to the demands of the surging dry bulk and tanker markets in the region.
  • PSA vying for Yangshan Port phase 3
    PSA International is hot on the heels of several port investments with one almost in the bag and a big one in China being keenly pursued with global heavies like Hutchison Port Holdings and Dubai Ports World.
  • DP World sells US ports to AIG
    DUBAI's giant port company, DP World, sold off its US holdings on Monday to the American International Group , bringing to an end a contentious deal that left a bitter taste for Middle East investors.
Strait Talk
  • Salvors: Saving the environment and not just ships
    THERE was a time, not so long ago, when the priorities were clear when a ship was in trouble; save the crew and then, if possible, the ship.

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Sched Netweb site
DECEMBER 13, 2006
  • AIG buys six American CTs from Dubai's DP World
  • US warehousing giant ProLogis expands at Dailian port
  • Yangshan CT3 investment draws interest from top operators
  • Shenzhen's and Hong Kong's box volume trends disputed
  • NOL's year-to-date revenue down 7pc, but volume up 7pc
  • EC approves state aid for Maersk's German shipyard
  • Central, Eastern European markets to fuel growth in logistics industry
  • November proves record cargo throughput month for Hactl
  • China to rank first in global airfreight market: Airbus
  • DHL opens first foreign logistics office in Tibet
  • Korean Air starts Incheon-Qingdao freight service

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Exim Indiaweb site
DECEMBER 13, 2006
  • Rate restorations from Jan. 1
  • SC upholds pulses export despite ban notification
  • GMB identifies 3 new port sites: SUTRAPADA, MAHUVA & KHAMBHAT
  • Mos zeroes in on Tuticorin, Ennore & Kakinada
  • Port workers bent on Dec. 14 strike
  • Baalu inaugurates dredging in Adam's bridge area
  • L&T bags Delhi airport face-lift deal
  • Forex reserves rise by $ 2.707 bn
  • ICL & NPIL vibe with ex-im trade to celebrate success
  • TT Club offering nuke & bio-chem terrorism cover
  • GTI takes initiative to form Nhava Sheva HR Forum

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International Transport Journalweb site
DECEMBER 13, 2006
  • Gazeley names new marketing director
  • TT Club offers nuclear and biochemical insurance
  • Finnair to upgrade network
  • SystemPlus extends fast services
  • TNT Logistics renamed Ceva Logistics
  • IRU supports call to withdraw EC proposal on supply chain security

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Maritime Global Netweb site
DECEMBER 12, 2006
  • AIG buys DP World's US terminals
  • Baltic opens in Singapore
  • MOL's new Russian training scheme
  • BW Gas sells LNG ship
  • NYK boss advises Panama Canal Authority

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Marine Logweb site
DECEMBER 12, 2006
  • BP to charter first U.S. Shipping NASSCO newbuild
  • Northrop Grumman cooperates with aluminum boat builder
  • Carnival orders newbuild for Costa
  • DP World finds buyer for U.S. port operations

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Lloyd's Listweb site
DECEMBER 13, 2006
  • Troubled TOP Tankers faces two class action lawsuits in New York
    TWO class action lawsuits seeking damages for alleged violations of US securities laws have been filed against TOP Tankers.
  • Port 'targets' in Brussels secret list confusion
    BRUSSELS ministries contradicted each other yesterday on the European Union's 'critical infrastructure protection programme'.
  • Costa takes up $491m option from Fincantieri
    CARNIVAL-owned Costa Crociere has taken up an option on a second cruiseship to be built by Fincantieri.
  • Shipping groups express concern about EC maritime Green Paper
    SHIPPING has expressed profound reservations over the thinking underlying the European Commission's Maritime Green Paper.

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Fairplayweb site
DECEMBER 12, 2006
  • Migrant Watch: US/Caribbean
    Stowaways are having a much harder time crawling aboard US-bound vessels in the ports of the Dominican Republic, a conference was told last week
  • Carnival takes another option
    CARNIVAL Corp has exercised an option for Costa, pushed off one for Holland America Line and left a third for Carnival Cruise Lines unmentioned
  • No delight for Turkish diplomacy
    PORT relations between Turkey and Cyprus have become confused following zigzag diplomacy that has failed to advance Turkey's bid for European Union membership
  • Torm to boost shareholder value
    DS Torm, the listed Danish bulk shipping company, has agreed to review how to generate more shareholder value after discussions with its biggest shareholder
  • India considers higher LNG price
  • EU approves Peel Ports deal
  • India, Pakistan to sign protocol
  • Hurtigruten sells older tonage
  • Spanish owners try, try again
  • Korea needs more LNG ships
  • Carnival confirms TUI talks

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The Journal of Commerceweb site
DECEMBER 12, 2006
  • DP World leading list of Hamburg bidders
    Dubai firm has emerged as a leading contender to acquire a sizeable stake in HHLA, top container stevedore at Hamburg.
  • Mexico will some keep U.S. apple duties in place
  • JoC, Integration Point to host free trade webcast
  • U.S. trade gap narrows
  • Gain for Seaway traffic
  • Horizon amends credit facility
  • Norfolk Southern to spend $97M on intermodal
  • Trailer Bridge wins Ford pact
  • TNT Logistics renamed
  • Montreal requiring box seals
  • India plans port spending

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Containerisation Internationalweb site
DECEMBER 12, 2006
  • Japan's Fair Trade Council calls for anti-trust immunity abolition in wake of EU regulatory changes
    Japan's Ministry of Land, Infrastructure and Transport has said it will take a fresh look at shipping line's anti-trust immunity following a report released by Japan's Fair Trade Commission last week.
  • Asian invasion could follow Toll terminal and rail asset sale
    The Toll Group is considering spinning off its Patrick Terminals and Pacific National rail interests by placing them in a managed trust, to free up cash for aggressive Asian expansion.
  • OOIL deal pumps up DPW's US asset fire sale
  • Vietnam sets date for WTO accession
  • Chinese port restrictions hinders firework exports
  • APL cuts Oakland IT staff as jobs move closer to Singapore home
  • JICT workers start industrial action over employees benefits
  • PIL extends NZ interests with agency acquisition
  • Deputy moves into Oakland's vacant executive director role
  • Updated: DP World sells US facilities
  • Tensions rise as army is brought in to keep the peace in Bangladesh
  • CMA CGM gets interim order aimed at silencing Jacque's brother Johnny
  • PSAI step into Gwadar following DPW's exit from the tender
  • NOL says volumes continue to go up and revenues down

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TradeWindsweb site
DECEMBER 12, 2006
  • Genmar cover up
    New York owner confirms two more aframaxes fixed on charter, bringing period commitment to 55% heading into touch-and-go 2007.
  • Sultans of spin
    Teekay Offshore's public offering set to price at target Wednesday in another deft spinoff of assets by Vancouver owner.
  • Horizon reloads revolver
    US-flag liner operator increases revolving credit facility by $25m as part of senior credit reshuffle.
  • Top gets popped
    How US-listed Top Tankers is fast becoming shipping's favourite legal pinata.
  • Nordseewerke cuts a SWATH
    German yard to build two Small Waterplane Area Twin Hull revenue cutters for federal customs.
  • Drugs seized on passenger ferry
    UK customs recover '500,000 of cocaine after search of car on P&O's Pride of Bilbao.
  • Beltest breaks silence...just
    Lack of "unsolicited offers" for shareholding in Torm keeps market waiting and share price falling.
  • Steamship at standstill
    Financial breakeven in prospect as rising P&I claims wipe out healthy investment return.
  • Cruise Costa lotta
    Fincantieri picks up another $556m order from Carnival's Italian subsidiary.
  • RAL rues late delivery
    Greenland boxship line sees chartered-in ship detained in Morocco
  • Chowgule orders in Japan
    Indian panamax owner signs for a smaller unit at Saiki Heavy Industries with options for four more.
  • Russia to sell yard stake
    Federal Property Fund to auction 20% slice of Amur Shipyard in Primorsk.
  • Cala eyes Maltese yard
    US corporation wants to buy Marsa Shipyard to build "underwater" cruiseships.
  • Hurtigruten sells two
    Specialist-cruise outfit considering sale of newer coastal unit after two more vessels leave fleet.
  • CSDC offloads tanker quartet
    Another China Shipping Group (CSG) subsidiary takes handysizes as new vegetable oil regulations loom.
  • TMM storing up profits
    Mexican tanker owner adds warehousing firm to boost pre-tax earnings.
  • Baltic branches out
    London-based Exchange seeks to cater to Asian clientele with new regional office in Singapore.
  • Singapore steps up box checks
    US-bound containers will be more closely screened for nuclear material from January.
  • US holds Athenian tanker
    Captain X Kyriakou among three ships stopped over suspected oily water separator violations.

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American Shipperweb site
DECEMBER 12, 2006
  • U.K. Shipping Minister asks for comments on EC maritime Green Paper
  • Grimaldi fails to convince Finnlines shareholders
  • Interest in TORM cools
  • Yang Ming re-charters 3,129-TEU ship from Danaos
  • Trailer Bridge wins Ford contract
  • Growing ocean trade hard on the ears of marine mammals
  • GAC South Africa opens Saldanha office
  • Canada signs first ever air transport agreements with Croatia, Serbia
  • UPS looks to cut another 650 jobs
  • NCBFAA gets full FIATA membership
  • Coyne Airways to serve Caspian via London, Cologne
  • Cathay moves 9.3% more freight in November
  • United renews U.K. cargo general sales agency contract with Globe
  • Kyocera awards BAX Global warehouse management system contract
  • Icelandic air cargo joint venture to move fish
  • Norfolk Southern to spend $1.34 billion in 2007 on capital improvements
  • GM to sell Vector interest for $85 million
  • Schwab: "Mixed record" for China on 5th anniversary of WTO accession
  • TNT now CEVA Logistics
  • Korea plans logistics fund
  • Israeli shippers seek compensation from government
  • Taco Bell distributor gets clean bill of health
  • Kent to lead DHS outreach to Congress
  • OH Logistics leases Indiana warehouse
  • Sphinx Egypt joins Worldwide Project Consortium
  • Lanier's comments make a splash
  • Montreal makes seals mandatory on inbound containers
  • Port of Busan dredging study commissioned
  • Panama Canal adds NYK Line chief to advisory board

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The Scandinavian Shipping Gazetteweb site
DECEMBER 12, 2006
  • Hurtigruten Group sells two vessels
    Hurtigruten Group has sold the 6,257 grt Narvik, built 1982, to Norway's Young Seamen's Christian Society (Unge Sjømenns Kristne Forening ...
  • IACS questions IMO decision
    IACS (International Association of Classification Societies) is not satisfied with the adopted IMO-standard for coating, reports Lloyd's List. IACS ...
  • Approval of STS transfers at North Cape
    Norwegian Pollution Control Authority (Statens Forurensingstilsyn) has approved ship-to-ship (STS) transfer of Russian gas condensate in two fjords ...

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The Bunker Bulletinweb site
DECEMBER 12, 2006
  • Auxiliary engine fuel rule conference call scheduled
    California ARB looking for discussion and input ahead of 2007 implementation.
  • Mixed bunker picture as crude slides
    US prices and avails vary port-to-port as year end approaching.
  • Chinese supplier to open Singapore unit
    One of China's newly-approved bonded bunker suppliers to open Singapore trading base.
  • Strong interest in Chemoil's shares
    Heavy oversubscription reported for shares offered to the public.
  • Major expansion for Amsterdam terminal
    Valero LP unit sets out plans to boost storage capacity and oil product loading facilities.
  • Rotterdam barge trade quiet as congestion continues
  • Oil prices down on warmer US weather
    Market remains uncertain what to expect from Thursday's OPEC meeting.
  • Talk of another shortage in Korea
    Bunker traders anticipate tight availability next week, oil refiners think otherwise.

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