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Shipping News

Anti-piracy body needs better info flow
Member-states of the new regional inter-governmental anti-piracy body need to provide more timely and better information, the group's executive director said yesterday following a special meeting of its governing council in Singapore.
ABB opens marine academy
GLOBAL power and automation technology giant ABB Ltd yesterday opened a new marine academy in Singapore for the booming oil & gas marine industries.
AP Moeller-Maersk shipyard unit sells East German outfit to pare costs
AP Moeller-Maersk's Lindoe division, builder of the world's largest container vessels, has agreed to sell its eastern German shipyard to a local competitor to help meet cost-saving targets.
China raises budget for waterways

Admiralty Casebook

Vessels found liable for corrosion from condensation
TWO vessels that carried steel coils from Japan to Australia during the northern hemisphere winter have been found liable for corrosion damage to the coils from moisture even though the vessels had ventilated the holds along the way.

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Shipping News

Anti-piracy body needs better info flow
Member-states of the new regional inter-governmental anti-piracy body need to provide more timely and better information, the group's executive director said yesterday following a special meeting of its governing council in Singapore.
ABB opens marine academy
GLOBAL power and automation technology giant ABB Ltd yesterday opened a new marine academy in Singapore for the booming oil & gas marine industries.
AP Moeller-Maersk shipyard unit sells East German outfit to pare costs
AP Moeller-Maersk's Lindoe division, builder of the world's largest container vessels, has agreed to sell its eastern German shipyard to a local competitor to help meet cost-saving targets.
China raises budget for waterways

Admiralty Casebook

Vessels found liable for corrosion from condensation
TWO vessels that carried steel coils from Japan to Australia during the northern hemisphere winter have been found liable for corrosion damage to the coils from moisture even though the vessels had ventilated the holds along the way.

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CKYH Alliance revamps Med-Asia-US Pendulum service Guangdong to promote use of RFID technology Shanhaiguan port construction to be completed next year Rising congestion at Jawaharlal Nehru port blamed on train shortage Staten Island rail link moves boxes swiftly to Jersey without trucks Swift Global Logistics opens Singapore office TT Club urges adoption of anti-collision systems for cranes Mid-east leads May's global airfreight demand growth: IATA Kawasaki Heavy looks into manufacturing air freighters RTW AIR Switzerland registers 47pc growth in 2006

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GAC escorts Götheborg safely home Shipping Secy sees small ports leading in capacity addition in XI Plan period MbPT's ambitious expansion plans outlined Stormy days pass over Paradip Port L&T, Bharati Shipyard & Korean firm submit EoIs to set up shipyard on West Coast MbPT bags first prize for excellence in Cost Management in 2006 PPT floats global tenders to develop 2 berths for coal & iron ore

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JULY 5, 2007
DB supervisory board prolongs Mehdorn's contract Maritime MacAndrews starts new Reefer XPress Service Aviation New freight terminal at Hahn airport CMA CGM and NYK going to Duisburg Schenker works for Porsche in Russia Australia to introduce a full visa system for foreign seafarers

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JULY 5, 2007
Safmarine pledges "constructive dialogue" on timber cargoes Optimistic Clarkson buys Normarine DOF takes up Aker option ICTSI completes Madagascar port revamp

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JULY 5, 2007
NTSB makes urgent safety recommendations BAE Systems Ship Repair to overhaul USNS Arctic MISC orders eight DOF Installer exercises option at Aker Yards India's L&T poised to launch shipbuilding company Warning on Chinese shipbuilding overcapacity Eidesvik orders X-bow seismic ships

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JULY 5, 2007
Panama Canal expansion project nets Ok on environmental study Carriers parting ways on joint Europe service ILWU marks Bloody Thursday with Portland ceremony today Crowley taps Bob Cox as Petroleum Group manager Hargrave named as president of Camas-Washougal port board

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JULY 5, 2007
MISC seals eight tanker order with SLS MALAYSIAN owner confirms expansion in chemical shipping with $430m chemical tanker order. MISC pushes into chemicals with $450m tanker deal Thoresen plans Singapore listing for offshore arm THORESEN Thai Agencies seeks $170m through a bond issue to be listed in Singapore for its offshore arm Mermaid Maritime. Clarkson swoops for US broker Normarine CLARKSONS expands in the offshore sector by buying US-based mobile offshore drilling unit broker. How to act when your staff are held at gunpoint WHAT would you do if one of your executives were kidnapped? That's where kidnap and ransom insurance comes in to assist. The sins of the fathers THE EU directive on pollution churned out by dredging seems to be yet another scheme to ensure the ports of Europe silt up.

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JULY 5, 2007
Cory lands Fisher Everard contract CORY Brothers Shipping has won a three-year communications contract from UK owner James Fisher Everard Stena jumbos driven by freight STENA Line has given its clearest indication that freight is driving ro-ro profitability in the lengthening of the ro-pax ferries Stena Britannica and Stena Hollandica Jones Act newbuild surge continues AMERICAN Heavy Lift Shipping has confirmed plans to build three 49,000-dwt US-built tankers to be chartered to Shell Trading US Co Troubled feeder seeks tow MIR Damad, the container feeder vessel in the news over concerns for its safety, is reported to be awaiting tug assistance after suffering further engine problems GAO alert on Caribbean maritime security Pasha findings expected next month Emergency response after HK spill T&T hosts drug-catchers' conference Clarksons 'ahead' at half time Oil lubricates rapprochement Indonesian class remains 'scapegoat' L&T selects site for mega shipyard Managers 'must rethink crew welfare' Hong Kong to implement Marpol

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JULY 5, 2007
No peak congestion seen for U.S. ports Container ports should remain congestion-free throughout the peak shipping season, according to new Port Tracker survey. Goldman Sachs acquires stake in SSA Marine Maher sale approved Evergreen Group makes U.S. management changes Hamburg Süd, Senator end joint service Export ABCs: Incoterms 2010? World Shipping Council opens Brussels office ZPMC lands DP World order JAL expands cargo fleet U-Freight restructures Mumbai boxes up 10%

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JULY 5, 2007
MSC to start another Far East/Med loop AADA to impose peak season surcharge from August Auckland's Axis Bledisloe terminal adds reefer slots Maher Terminals changes hands

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JULY 5, 2007
Panamax sinks off Mumbai All 22 crew rescued from loaded Panama-flagged bulker which sinks after flooding in heavy seas off India. Diana to cut debt Greek dry cargo owner to use $81m proceeds from sale of oldest vessel to scale back revolving credit borrowing. DOF declares option Norwegian owner back at Aker Yards for another anchor-handling tug supply ship. Legal costs hit Stolt Profit falls as US antitrust battle takes another $19m bite out of strengthening earnings. Clarkson drills home advantage Merger of Houston shop with drilling rig broker Normarine broadens US offshore scope. EMS soars again Annette Malm Justad could be in the money as Eitzen Maritime Services delivers top share performance for second day. Safmarine to listen on lumber South African line to ensure log cargoes conform to international regulations after questions over DR Congo shipment. Maersk ship in arms sting Illegal consignment of weapons found onboard German boxship bound for Nicaragua from Israel. Barrera inks Edda flotel Spanish yard wins deal to build the world's largest purpose built offshore accommodation vessel. Taharoa upright Crew succeed in bring NYK iron sand bulker back onto an even keel off New Zealand.

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JULY 5, 2007
China cuts tariffs, taxes to increase domestic ship registry China Shipping ending round-the-world loop TBS International files papers to raise up to $300 million Maersk shipyard selling German unit Acquisition-hungry Inchcape buys IT firm ShipNet Hapag-Lloyd leaves ISDA Hamburg S'd, Senator Lines to split on Southern Route Service Rickmers names 4,250-TEU ship destined for charter to CMA CGM Chemical tank-barge unit delivered United's June cargo down 7.5% Thai Airways selects European Cargo Services Estes, former president of World Airways, Federal Express, dies Maersk, Indian Railways at odds over missed payments Ambitious Mumbai bridge plan stalled Wolf retires from Norfolk Southern Schenker opens Moscow logistics facility for Porsche India drops customs duties on imported alcohol Weapons headed for Nicaragua confiscated by Spanish customs SynchroNet opens India global support office Advance offers out-of-gauge containers U-Freight reorganizes North America management FMC reviews 15 OTI license applications Econocaribe has new Midwest station S. Calif. port truck plan supporters warn current version will fail Panama legislature approves canal improvement spending Port of Felixstowe tops record container moves Port of Naples cargo, TEUs up in first half

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JULY 5, 2007
Ulstein to build seismic vessels for Eidesvik Ulstein Verft has strengthened its position as a leading builder of seismic vessels by securing two large units from Eidesvik ... Odense sells Stralsund shipyard Odense Steel Shipyard has sold their facility Volkswerft Stralsund GmbH in Stralsund to the German Hegemann Group. Hegemann Group will ...

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JULY 5, 2007
DOE report a 'bearish surprise' Key US oil stocks show builds across the board. Market nervous as fuel oil prices break another record Asian players reluctant to take a large position as fears of crash grow. Work starts on Malaysia's largest bunker hub KIC-controlled APH gets government endorsement to develop bunkering facility on reclaimed island off PTP. European operator goes into liquidation Bunker companies reported to be among the creditors. Owners will pay for salvage operation Operation to free Pasha Bulker from sandbar estimated at over $4 million. Fuel oil stocks climb Singapore inventories swell for the second week running. Retroactive price for June surges ahead Japan's benchmark bunker price jumps $21 per mt. East Asia market still hitting record highs Bunker prices buoyed by fuel oil prices which have hit record highs for the seventh time in a month.