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21 September 2021 The on-line newspaper devoted to the world of transports 07:45 GMT+2

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The Business Timesweb site
DECEMBER 14, 2006
Shipping News
  • SSA says studies needed on switch to cleaner fuel
    THE Singapore Shipping Association says more detailed studies are needed into Intertanko's suggestion that the shipping industry switch to a different type of fuel in order to reduce emissions.
  • Toll plans to spin off its port and rail units
    TOLL Holdings Ltd, Australia's biggest cargo handler, plans to spin off its port and rail units, allowing the company to borrow A$1 billion to pursue acquisitions in Asia.
  • S'pore ports volume rises, fastest pace this year
    PSA International and Jurong Port handled 12 per cent more containers in Singapore last month, the fastest pace of growth this year, helped by growing trade demand.

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Sched Netweb site
DECEMBER 14, 2006
  • Shanghai port throughput surpasses 20 million TEU
  • BAX to provide HK warehouse management services to KWC
  • INTTRA's alliance with China Ocean Shipping Agency to boost e-bookings
  • BP Marine to add refuelling berths at Port of Salalah
  • Pakistan, India to restore cargo shipping services after 30 years
  • New container terminal in Kerala to use inland waterways
  • China Southern's Dalian branch offers online cargo system
  • October air cargo growth slows: IATA
  • Hactl and HK Airport Authority hold 2006 forklift pallet competition

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Exim Indiaweb site
DECEMBER 14, 2006
  • Revised Shipping Protocol with Pakistan to be signed today
  • SCI schedules an evening to remember for the ex-im trade
  • US CBP seeks govt clearance to extend CSI at Indian ports
  • CCT holds trade meet for Guntur tobacco exporters
  • India climbs on to Trans Asia Rail Corridor bandwagon
  • Swetal Logistics unveils top-class warehouse near Nagpur
  • SEZs will have 5 lakh employees by 2007-Singhal
  • Interactive meeting with Taiwan mission today

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Maritime Global Netweb site
DECEMBER 13, 2006
  • ICS/ISF voice concerns on EU 'Green Paper'
  • Frontline pursues heavylift plan
  • ESPO warns on EU infrastructure security plan
  • Horizon Lines increases borrowing capacity
  • OTAL launches 2 new services
  • North of England to open in Singapore

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World Wide Shipperweb site
DECEMBER 13, 2006
  • Horizon making adjustments to company's credit facility
  • BNSF adding service between Pacific Northwest/Memphis
  • Holiday trees return to Sea-Tac Airport
  • Coast Guard assists vessel following report of engine trouble
  • Crowley presents scholarships to Merchant Marine Academy midshipmen

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Lloyd's Listweb site
DECEMBER 14, 2006
  • Seadrill eyes New York or London after Oslo rebuff
    John Fredriksen's Seadrill is likely to accelerate its move to a London or New York listing after the Oslo stock exchange upheld that the rig group's initial offer for Eastern Drilling contravened market rules.
  • Atalanta warns GL shareholders not to accept a bidding war
    Germanischer Lloyd shareholders are divided over how to proceed with the potential sale of the classification society.
  • Defiant Malta digs in over EU port state control directive
    MALTA intends to vote against the proposed European Union port state control directive, which attempts to link a new ship inspection regime with flag state performance.

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Fairplayweb site
DECEMBER 13, 2006
  • Subsidy extension 'waste of money'
    ROME 13 December ' Italian ship owners have slammed a proposal to extend the subsidies offered to state-owned Tirrenia for four more years until 2012, under a 20-year convention due to expire by 2008
  • ICS/ISF urge EU to stay international
    EU shipping will be more competitive if international rather than regional solutions are adopted, the ICS/ISF advise in comments on the EC's maritime green paper
  • Vietnam to join WTO next month
    THE Republic of Vietnam will officially become a WTO member next month: shipping interests both inside and outside the country are planning their next move
  • China returns to Saudi livestock sector
    CHINA has returned to the Saudi Arabian livestock trade after a 20-year absence from the Middle East's largest seasonal market
  • Frontline to convert second Suezmax
    FRONTLINE has declared an option with Cosco Shipyard in China to convert another single-hull Suezmax tanker into a heavy lift vessel
  • Ezra secures vessel contracts
    EZRA Holdings has secured several contracts for its modern offshore fleet and expects future demand for new tonnage to increase as support vessels grow older
  • Veolia plans massive ferry expansion
  • FONASBA granted IMO status
  • Singapore urges distillate debate
  • Lawyers piling on Top

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The Journal of Commerceweb site
DECEMBER 13, 2006
  • Container truckers race against Port of Vancouver license deadline
    The western Canada port is toughening its licensing requirements to prevent undercutting of harbor truck rates.
  • Sources say United, Continental in merger talks
  • Southeast Asia rates rising
  • BNSF reopens Southeast service
  • Japan and India agree to develop industrial corridor
  • Ital Marittima sets record box call at Wilmington
  • JoC, Integration Point to host free trade webcast
  • Toll to spin-off ports unit
  • India chooses prospective sites for shipyard project
  • OOCL tabs CIO
  • ANL in agency venture
  • New entries for India rail container operations

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Containerisation Internationalweb site
DECEMBER 13, 2006
  • Toll Group confirms split
    Industry rivals and analysts have been opposing Toll's plans to split into two companies, Toll Holdings and "Infrastructure Co", although the stockmarket has welcomed the move.
  • News Analysis: Brussels will oversee "chaos" in liner industry as regulatory changes push lines into marginal pricing
    Small shippers could be driven into using freight forwarders far more following the abolition of conferences according to speakers at a seminar in London today.
  • Shippers must pay extra for cleaner fuels says shipowner's asscociation
    Shippers will have to pay the cost for shipping lines to switch to a cleaner type of fuel, say Singapore's shipowners.
  • Index shuffles down as B170's rally in otherwise stagnant charter market
  • CMA CGM launches first Tianjin-Africa service
  • Stadium uncertainty postpones NZ port merger
  • South Korea plans 23 more berths in Inchon
  • Inchon Port to offer shippers better dollar exchange rates

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TradeWindsweb site
DECEMBER 13, 2006
  • 'Owners back GL sale'
    A long list of shipowners are among holders of 75% of Germanischer Lloyd equity backing Commerzbank's sale drive.
  • Palios and Fortis ready sale
    The two main insiders in US-listed Diana Shipping have registered some $120m worth of shares for sale.
  • Vita goes after director
    Singapore shipowner and property manager Vita Holdings has filed a writ against former chartering director Jiang Haiying.
  • Top confirms redeliveries
    But embattled Greek owner says it has won a better rate with new fixtures to Glencore subsidiary ST Shipping.
  • Big FSPO bucks
    Brazil's Petrobras will pay Arne Austreid-led Prosafe some $846m to convert and run a VLCC floater.
  • Top turmoil
    Four products tankers said to be handed back early by trader Vitol after loss of oil-major approvals, but are grabbed up quickly by ST Shipping.
  • ANL expands in Europe
    Singapore subsidiary of CMA CMG sets up two agency joint venture companies with Dutch partner.
  • Fighting talk in Oslo
    Decision by Olso Bors to uphold appeal by Seadrill could bring court action and delisting by Fredriksen company.
  • Multraship refloats tank barge
    Dutch salvor pulls newbuilding off rocky beach near Newhaven, UK.
  • VSC launches Busan run
    Russian stevedore operation teams with Korean box lines for Vostochny link.
  • Labroy lands twin order
    Unidentified owner signs for two AHTS units at Singapore yard in deal worth $58.9m.
  • Perkins linked to Mermaid move
    Australian cargoship owner could bid for the 20-ship fleet of domestic offshore vessel operator.
  • NEPIA heads East
    Newcastle-based P&I Club to open representative office in Singapore by early 2007.
  • Glowing report for MOL
    Japanese ratings agency R&I is sure domestic shipping giant can benefit from growing global trade.
  • Negative outlook for Wan Hai
    Ratings agency Moody's takes dim view of Taiwanese box line's ability to boost falling profit.
  • New yard for Bulgaria
    Region 2 in Varna is country's first new shipbuilding facility for 30 years.
  • Fredriksen converts another
    Tanker titan has declared an option to convert the suezmax Front Target into a heavylift ship.
  • Chemical fear in Portugal
    Rupture found in container holding methanol onboard Switzerland-flagged vessel Safmarine Leman.
  • Viking v ITF: Round 3
    Latest stage in crucial case on rights of owners and unions in EU court next month.
  • Suape yard delayed
    Work on new Brazilian facility can't start until part of Petrobras' huge tanker order is confirmed.
  • BP takes tanker
    US Shipping Partners has found employment for the first of its nine MR tankers on order at Nassco.

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American Shipperweb site
DECEMBER 13, 2006
  • Law firms file class action suits against TOP Tankers
  • Horizon Lines amends senior credit facility
  • R&I ups MOL's credit rating
  • OTAL to add Europe/Africa service
  • BP agrees to charter new tanker
  • TACA's fuel surcharges unchanged
  • OOCL's chief information officer Chih resigns
  • Great Wall Airlines to fly again
  • Cargologic to assume Swiss WorldCargo's Lugano-Agno handling activities
  • CBP faces challenge to prepare industry for ACE
  • Data integration is key to Secure Freight, Spero says
  • Reuters: Panama, U.S. to resume trade talks
  • Report: Europe's logistics continues to move eastward
  • Group seeks to raise profile of hazmat profession
  • CORRECTION: GM to buy Vector interest
  • FMC reviews 6 OTI license applications
  • Now Ecuador wants to create Panama Canal alternative
  • Los Angeles-Long Beach box volume up 10% in October
  • SCT doubles feeder business with new dedicated berth

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The Scandinavian Shipping Gazetteweb site
DECEMBER 13, 2006
  • Commission takes Portugal to court
    The European Commission has decided to take Portugal to the EU Court of Justice for not respecting the Union's legislation ...
  • ICS sees dangers in EC initiative
    International Shipping Federation (ISF) and International Chamber of Shipping (ICS) says in a first response to European Commission's Maritime Green ...
  • Frontline converts second suezmax
    John Fredriksen is putting his single-hulled suezmax tankers to good use and is converting a second one, the Front ...

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The Bunker Bulletinweb site
DECEMBER 13, 2006
  • US West Coast markets crash
    Ample avails, over-valuing, and slack demand sending prices tumbling.
  • Biofuels boost commodity prices
    Energy crops impacting economies as biofuel use in consumer and marine markets increasing.
  • US oil stocks fall again
    Oil prices head higher after weekly US inventory report.
  • Bunkering back to normal in Gibraltar Straits
    Heavy swells die down. Suppliers say forecast is good for the rest of the week.
  • Kandla: Hopes to resume IFO380 supply next week
    Barge used to supply IFO380 has been out of play since end of November.
  • Supplier to expand from Mundra base
    Adani aims to service Gujarat ports as well as develop offshore bunkering hub with own barges.
  • China's fuel oil traders look for growth in bunker sales
    Bunker sales could rocket if Chinese ports begin offering attractive prices.
  • Rotterdam congestion continues
  • Chemoil IPO almost 5 times subscribed
    CEO encouraged by strong response to its IPO, raising $101 million excluding overallotment option.
  • Singapore secures new bunker sales record
    Singapore's bunker sales have already broken 2005 record with a month to go.
  • SSA cautious on switch to distillate fuel
    The Singapore Shipping Association says INTERTANKO's proposal needs detailed feasibility study.

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