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25 September 2021 The on-line newspaper devoted to the world of transports 00:18 GMT+2

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The Business Timesweb site
DECEMBER 5, 2007
Shipping News
  • Keppel completes upgrade of floating oil facility
    Keppel Shipyard yesterday completed the upgrade and modification of a floating production, storage and offloading (FPSO) vessel for Malaysian offshore support vessel charterer Bumi Armada, a repeat customer.
  • Shipping costs for commodities set to peak next year
    Commodity shipping costs will rise to a record in 2008 before falling as the number of vessels outpaces demand, Baltic Exchange chairman Michael Drayton said.
  • Shipwreck analysis pioneer dies at 83
    J Richard Steffy, who made his living as an electrical contractor until he was 48, then cast security aside to pursue his passion, studying shipwrecks, and become a leading expert in the field, died last Thursday in Bryan, Texas. He was 83.
  • Vietnam ferry service to start soon
Strait Talk
  • Mitropoulos continues his mighty mission
    IT SEEMS only yesterday that Bill O'Neil stepped down as secretary-general of the International Maritime Organisation (IMO) and Efthimios Mitropoulos took over as head of this London-based specialist United Nations agency. But in fact it has been four busy years, and last week the IMO Assembly unanimously confirmed the decision of the organisation's council to extend his term of office.

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Sched Netweb site
DECEMBER 5, 2007
  • China Shipping Group to sell stake in Yangshan Logistics Park to CSCL
  • Shanghai's ZPMC develops automated terminal de/stuffing system
  • Shanghai truckers form alliance to provide China-wide logistics
  • IMO to impose convention against bunker pollution next year
  • Hamburg port expects to see sales growth of 10pc in 2007
  • Containerised grain lifts Kaohsiung volume 4.7pc to 8.4 million TEU
  • EU bans 125 airlines from flying into European airspace
  • Continental sees load factors fall in November
  • India airfreight needs massive investment, says aviation minister

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Exim Indiaweb site
DECEMBER 5, 2007
  • Chennai's AMET charts its courses to excellence
  • Bhutan withdraws ban on Indian poultry
  • BILLIONS of dollars to roll in for investments
  • Move to shrink trade gap with Bangla
  • Rs 80 cr. to assist Sethu coastal communities
  • World Bank to help Andhra develop infrastructure
  • IPA accepts port workers' bonus demand in principle
  • Jawahar Customs adopts several new trade facilitation measures
  • Transworld Logistics despatches OOCL's 1st export consignment from ICD-Ankleshwar
  • NHAI swings into action to make Golden Quadrilateral 6-laned
  • Exports post amazing 36 pc growth in Oct.
  • Govt may scrap SEZ area ceiling of 5,000 ha
  • Kamal Nath fancies India-US trade pact
  • Textile industry projected to grow by 16 pc

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International Transport Journalweb site
DECEMBER 4, 2007
  • Ramey Peru, CFO, to leave Swift Transportation
  • CMA CGM acquires US Lines
  • Etihad lands in China
  • KGL Port International eyes Montenegro Railways
  • Victorinox wins Swiss Logistics Award 2007
  • EU ministers reject 25 m giant trucks

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Maritime Global Netweb site
DECEMBER 4, 2007
  • CMA CGM buys US Lines
  • Swedish club's 15% P&I increase
  • LR buys intermodal consultancy
  • HK ship fined for tiny Canadian spill
  • EC sends opinions on port security
  • EU acts on seafarers' certificates

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Marine Logweb site
DECEMBER 4, 2007
  • New cold ironing solution from Siemens
  • Aries Marine signs LOI for double skinned PSV's
  • Puerto Rico gets a floating dry dock
  • Vroon orders bulkers in China
  • Keppel completes FPSO upgrade

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Lloyd's Listweb site
DECEMBER 4, 2007
  • Shipping firms form queue for London listing
    LONDON Stock Exchange proves major attraction for companies with capital on their minds.
  • Hellenic IPO raises $60m
  • Ship emissions debate takes IMO to Bali
    IMO officials to attend UN climate change conference as pressure grows for inclusion of shipping emissions in new deal.
  • China beefs up shipyard capacity
    LAUNCH of two new yards in Zhejiang province will add 800,000 dwt capacity per year.
  • Financiers at the ready as maritime margins stack up
    AN investment of €27bn in new vessels has changed the relationship between bankers and owners in Italy.
  • Rethinking deadlines
    THE IMO's decision to delay the implementation of the ballast water convention will surely be met with a lot of relief.

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Fairplayweb site
DECEMBER 4, 2007
  • Teekay spin-off seeks NYSE listing
    Teekay Corporation offshoot Teekay Tankers has filed for an initial public offering and a listing on the New York Stock Exchange under the symbol 'TNK'
  • Big Apple port sues over lost deal
    AIG-owned Ports America outbid the Big Apple's port authority this week for an abandoned government terminal in Bayonne ' and now the matter is in the courts
  • Fredriksen companies agree deal
    TWO companies controlled by Norwegian tycoon John Fredriksen have reached a deal over ship charters, with a third Fredriksen outfit selling two of the ships concerned
  • HHI to build from Philippines
    HANJIN Heavy Industries will take advantage of cheap operating costs to build various vessels in the Philippines
  • Philippine fruit exports go bananas
    PHILIPPINE bananas continue to make inroads into foreign markets, making the port of Davao the busiest gateway for the country's fresh fruit trade
  • GDF extends Algerian LNG deal
    GAZ de France today secured new LNG supplies from Algeria by extending an agreement to buy LNG from Algerian state energy group Sonatrach to 2019
  • Forth STS to be smothered at birth
  • Hose probe puts three in court
  • Color Line hammered by booze ban
  • Bharat exits Shell joint venture
  • Ransoms are fuelling Somali piracy
  • Political cloud defers Petrolift IPO
  • Bumi's global offshore quest
  • Polluter pays $10 per litre

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The Journal of Commerceweb site
DECEMBER 4, 2007
  • Mineta calls for sweeping U.S. maritime changes, sustained federal funding
    The former Transportation Secretary called for consolidation of all federal government maritime agencies and functions into a single body with a dedicated funding source.
  • TWIC sign-up expanded
  • Report: TSA better at handling security information
  • Pilot suspended, feds sue over Cosco Busan spill
  • Don't blame China for import safety: Johnson
  • Refrigerated Holdings acquires New Jersey 3PL
  • Tacoma hosts largest car carrier
  • Thomsen to join Clipper
  • More delays for LA's TraPac
  • India-Mideast lines up fuel fees
  • DuVoisin joins Port of Halifax

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Containerisation Internationalweb site
DECEMBER 4, 2007
  • Melbourne establishes Australian milestone
  • CMA CGM confirms US Lines acquisition
  • Maersk add vessels but reduce speed: Asia ' Europe
  • US Coast Guard to re evaluate Indonesia's Belawan Terminal
  • Southampton accredited with ISO security standard

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TradeWindsweb site
DECEMBER 4, 2007
  • Pirates cornered
    US and German naval vessels have reportedly cornered the Somali pirates who hijacked the Golden Nori.
  • Lakes bulker grounds
    The Mississagi grounds in Michigan but later frees itself from shoal.
  • Statoil is seismic charter
    Oil and gas player signs $327.78m contract to charter six vessels to study Norwegian continental shelf.
  • B Duckling fixed
    As it hits the Nasdaq stock exchange, Star Bulk Carriers announces a two-year time-charter for the capesize B Duckling.
  • Matson vessel damaged
    A rescue tug escorts the Kauai to Seattle as heavy storms batter the coast of Washington state.
  • Aries Marine orders PSVs
    US offshore vessel owner orders two platform supply vessels at compatriot Eastern Shipbuilding Group.
  • cots-Irish link could be revived
    UK to study relaunch of Campbeltown- Ballycastle run eight years after it closed.
  • Dolphin thinks bigger
    India's Dolphin Offshore Enterprises looking to get into shipyard market for large ships and jack-up rigs.
  • GE tanker for repairs in UK
    Ship delivered to GE Shipping in April suffers 'malfunction of main engine turbochargers' off Orkney.
  • One missing from ship in UK
    Search continues for Irish trainee cadet who vanished from Arklow Shipping vessel in Wales on Sunday.
  • Vinashin launches ferry run
    Vietnamese company could buy second ship next year for start-up north-south service.
  • Opec outlook bleak for owners
    Falling crude prices have made output rise announcement less likely at Wednesday's meeting.
  • Smit nets $295m windfall
    Big-spending owner boosted by loan from consortium of banks.
  • SFI sells suexmaz pair
    Bjorn Sjaastad-led Frontline to receive $33m in compensation for early termination of charters on 1991-built units.
  • SCI inks handy sextet
    State-owned giant orders six handysize bulkers at STX only 24-hours after securing government backing for the deal.
  • Rimorchiatori bags two
    Italian offshore owner returns to Spain's Armon shipyard for two new units.
  • Pirates kill one off Nigeria
    Another injured as crewboat said to be operated by ExxonMobil comes under attack in Niger Delta.
  • Karamanlis welcomes IPO cash
    Hellenic Carriers chief hails London listing as a new dawn for the well-connected bulker player.
  • Lukoil bags ice queen
    Russian oil major returns to Keppel to ink FSO in a $93m deal.
  • Prima picks up sixth
    Finnish owner adds another small general cargoship with deal in the Netherlands.
  • Grimaldi heads Tirrenia chase
    Naples giant thought to be leading a takeover bid for state-owned ferry operator after Italy's economy minister seeks advice on a sale.
  • Vroon confirms Dalian bulkers
    Market talk linking Dutch owner to post-panamax order in China proves spot on.
  • Severnav on the up
    Turnover rises at Romanian yard as it seeks to land another tanker deal from Greece's Aegean Marine.
  • Golden ties-up two
    John Fredriksen dry bulk outfit secures period employment for two of its chartered in panamaxes.
  • Color loses licence to swill
    Two Norwegian ferries have liquor permits withdrawn for two months after serving drunks.
  • Samskip snaps up Icepak
    Icelandic container line broadens logistics reach with purchase of UK reefer player.
  • Teekay looks to raise $170m
    Tanker operator sets offer price for Teekay Tankers spin-off at between $17.50 and $19.50 per share.
  • CSCL in line for $2.1bn
    China Shipping Container Lines (CSCL) looks set to earn big bucks from its domestic share issue.
  • Feeders introduce surcharge
    Containership players to implement trade surcharge on cargoes between Colombo and Chennai.

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American Shipperweb site
DECEMBER 4, 2007
  • Wan Hai joining two Maersk transpacific services
  • Westbound transpacific volume, Europe rates help China Shipping
  • Evergreen, Zim ending Asia/U.S. East Coast loop
  • Singapore company makes $736.5 million boxship order with HHI
  • Stolt-Nielsen indictment dismissed
  • Sovkomflot plans IPO
  • Iran/Africa services planned
  • New shipping index begins trading
  • San Francisco Bay oil spill: Vessel pilot suspended, feds file suit
  • Linsin joins Blank Rome
  • Bach to the future: NWA's new cargo chief puts focus on freighters
  • November cargo gains for Continental, United
  • Forward Air completes acquisition of Black Hawk
  • CN announces 5 million-share buyback
  • USF Holland adds next-day delivery to 26 U.S. lanes
  • InterBulk Group buys 200 bulk boxes from Container Leasing (UK)
  • Aerospace industry seeks to standardize C-TPAT process
  • China ready to accept Brazilian pork
  • Report: Merger activity high in transportation and logistics
  • Ports America Group Purchases Bayonne port property
  • Antillean Marine confirms Port Everglades switch
  • Panama Canal awards second major excavation contract

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The Scandinavian Shipping Gazetteweb site
DECEMBER 4, 2007
  • Master Ferries and Fjord Line merge to Fjord Line
    Fjord Line and Master Ferries will merge and become Fjord Line from January 1st 2008, with Fjord Line as the acquiring company. The merged company plans a listing on the Oslo Stock Exchange (OSE) sometimes in 2009. Through the merger ...
  • Nordana Line orders more in China
    Nordana Line in the Dannebrog Group has exercised options for a further six multipurpose units from China. The order is for combination carriers capable of carry some 600 TEUs as well as various heavylift and project cargoes. The ships will ...
  • Mols-Linien offers a floating link across Denmark
    Mols-Linien's CEO Preben Wolff is now offering a floating bridge between Aarhus and Sjællands Odde as an alternative to a second fixed link between Jylland and Sjælland. "If the government will provide with the necessary roads especially on Sjælland ...

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The Bunker Bulletinweb site
DECEMBER 4, 2007
  • Calls for tighter controls on ship-to-ship oil transfers
    UK legislator says there is a need for more effective legislation.
  • Inland fuel prices boost maritime transport
    Container shipping line sees profits grow as companies switch from trucks to ships.
  • Singapore supplier charters extra storage
    Surge in fuel oil cargoes from South Korea.
  • More Aegean shares for sale
    Use of over-allotment option increases value of two shareholders' secondary offering to more than $287 million.
  • Rotterdam market very quiet at midday
  • PetroChina takes over Hong Kong supplier
    Deal formally concluded, turning Hong Kong supplier into a subsidiary of the Chinese oil firm.
  • Singapore: Total Oil welcomes new bunker trader
  • China's fuel quality 'good for now'
    DNVPS says 2006-2007 bunker samples from China compare favourably with Singapore.

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