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24 September 2021 The on-line newspaper devoted to the world of transports 23:53 GMT+2

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The Business Timesweb site
DECEMBER 10, 2007
Shipping News
  • Persian Gulf tanker rates may rise after S Korean spill
    The cost of shipping Middle East crude to Asia, the world's busiest market for supertankers, may surge after a single-hull tanker was involved in the biggest oil spill in 4 1/2 years.
  • Oil spill clean-up in S Korea will take 2 months: minister
    A huge clean-up operation on South Korea's stricken southwest coast after the country's worst oil spill is set to drag on for two months, a government minister warned yesterday.
  • Korea's Hanjin opens its largest shipyard in Subic Bay
    SOUTH Korea's Hanjin Heavy Industries and Construction Corp has completed the first phase of its largest shipyard project in Subic Bay in the Philippines.

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Sched Netweb site
DECEMBER 10, 2007
  • Wal-Mart's Gazeley to build US$16 million Ningbo warehouse
  • China becomes Japan's largest trading partner
  • CULines strengthens operations from north bank Beibu Bay
  • Tianjin port handles 35pc of Henan's container cargo
  • Wuhan's Yangluo Port capacity to reach 150,000 TEU
  • Beijing's 11th Five Year Plan calls for 10 logistics zones
  • MOL takes part in pirate attack exercise with Japanese gunboat
  • ICTSI makes a string of senior appointments
  • Changing habits, more sea freight to bring DHL double-digit growth
  • Korean Air to build Tianjin cargo terminal with Sinotrans
  • Hangzhou airport to add six services in January
  • Qantas to upgrade domestic terminal at Canberra Airport

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Exim Indiaweb site
DECEMBER 10, 2007
  • Hoyer Global makes a new beginning in India with Samsara Shipping
  • Commodity shipping costs projected to scale records next year
  • m.v. OEL Blessing makes maiden call at Kolkata Port as part of Straits Bengal service
  • 98 pc surge in tyre imports, exports up by 19 pc
  • IMC signs MoU with Korea's GCCI
  • 4 box vessels shifted to safety at Chennai Port following stormy weather
  • Dock union secy for Washington meet
  • GTI sets national berth productivity record
  • Safexpress wins CMAI's logistics award
  • CWC Executive Ajay Khera calls it a day
  • Customs duty cut will further hurt mfg sector-Ficci
  • Vizag Customs launches RMS for ex-im trade
  • Minister lists details of modified TUFs to Elders
  • Ficci's Budget wish-list seeks repatriation of earnings from companies' foreign subsidiaries

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International Transport Journalweb site
DECEMBER 10, 2007
  • Volga-Dnepr Group soaring with record growth
  • Emirates Houston-Dubai flights commence
  • Deutsche Bahn reorganises product names
  • Wim Bosman supplies Kunstdrukkerij Mercurius

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Maritime Global Netweb site
DECEMBER 7, 2007
  • US, China confirm liner antitrust immunity
  • Hose market rigging charges
  • Eastern Echo orders at Drydocks World
  • GL in fluid dynamics co-operation

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Marine Logweb site
DECEMBER 9, 2007
  • USCG asks Cosco Busan pilot to surrender merchant mariner license
  • WSF's Steel Electric problems continue
  • South Korea declares oil spill disaster

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World Wide Shipperweb site
DECEMBER 7, 2007
  • Port Tracker report finds container moves down again
  • Rail freight traffic numbers rise during holiday week
  • Coast Guard District 13 members filling stockings for homeless children
  • Port of Seattle included in next wave of TWIC locations
  • Panama Canal Authority awards expansion project contract

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Lloyd's Listweb site
DECEMBER 7, 2007
  • StealthGas moves into product tankers
    THE Nasdaq-listed LPG specialist acquires two new product tankers for a total of $115m.
  • ESPO warns against dust directive
    AIR quality directive outlawing high concentrations of dust poses a threat to inner city ports.
  • Seoul shows its logistics prowess
    KITA chairman Hee-Boem Lee talks about the importance of growing the logistics industry in the nation.
  • Unsafely alongside
    IF AN empty bulker is pretty helpless when lying at anchor, a big containership might not be much safer.

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Fairplayweb site
DECEMBER 7, 2007
  • Cosco Busan spill spurs bills
    CALIFORNIA lawmakers have introduced two bills to tighten shipping regulations in the wake of the Cosco Busan spill in San Francisco
  • Silver lining from Korean spill?
    THE VLCC spill in Korea may actually be a positive for tanker stocks, according to Citigroup analyst John Kartsonas
  • New cruise terminal at Southampton
    ASSOCIATED British Ports and Carnival UK have signed a 20-year contract that will see a fourth cruise terminal built at the Port of Southampton
  • Endeavour River refloated
    THE bauxite carrier Endeavour River has been safely refloated at the port of Gladstone
  • OceanFreight heads roll
    BOTH the chief executive officer and chief financial officer of bulk newcomer OceanFreight have been ousted
  • Höegh Autoliners digests Kiwi
  • Winners and losers in bunker prices
  • US box slump persists
  • Cosco Busan pilot charged
  • Go global, Malaysian lines told
  • GOGL to raise $200M for newbuilds
  • Sovcomflot secures Novoship control
  • Mercator finalises Singapore IPO
  • Korea fighting huge oil spill

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The Journal of Commerceweb site
DECEMBER 7, 2007
  • California clean-air board approves emissions limits for ships, trucks
    California Air Resources Board OKs sweeping regulations that set standards for all ocean-going ships and drayage trucks.
  • LA port signs landmark pact on greenhouse gases
  • Sea Containers scores win in GE SeaCo case
  • LA port panel approves TraPac environmental report
  • Maersk Line CEO Kolding confirms restructuring
  • House passes energy bill promoting short sea
  • Crowley to pay for TWICs
  • Analysis: Who's back-sliding in U.S.-Russia trade
  • Downey: Begin work now on freight transportation plan
  • CSCL IPO raised $2.1B
  • Jaxport stevedore sold

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Containerisation Internationalweb site
DECEMBER 7, 2007
  • Boxship safety: accidents waiting to happen?
    On December 21, 2003, three containers were lost overboard from the 367TEU Ethiopian registered container vessel, Andinet, during a storm off of the Dutch coast.
  • Unctad report reveals growth in supply and demand
  • Feds halt USD200 million fake containerised goods racket
  • Shrimps on the menu for Transfennica
  • Canadian Pacific Railway and union conclude revised contract
  • ESPMC ' WITASS business plan hike

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TradeWindsweb site
DECEMBER 7, 2007
  • Plumbe positive
    ACM Shipping chief thinks demand for oil in Asia to continue for years to come, but gas put on the back burner.
  • Ropax hits Petrobras ship
    Collision in Brazil leaves three injured, leading the state port authority to launch an investigation.
  • Senators want cap hike
    California's US senators have proposed legislation that would raise the oil spill liability cap and beef up the US Coast Guard's vessel tracking system.
  • SBM to supply Brazil FPSO
    Dutch offshore player is the lowest bidder for a $1.25bn contract to supply Petrobras with an FPSO.
  • Eastmed snags two
    Greek owner takes modern tankers, as a compatriot owner snaps up a newbuilding.
  • OceanFreight rebounds
    A day after a management shake-up at the US-listed bulker owner, shares increase 14% to reverse earlier losses.
  • Seafarer nabbed for porn
    Canadian officials arrest a cargoship crewmember on charges of possessing images of child porn on a laptop.
  • MLSL ready to roar
    Singapore IPO could be worth $166m, bulker owner says.
  • Rocks hit at the Rock
    The US Coast Guard is investigating after Red & White Fleet ferry smashes into rocks near Alcatraz.
  • War risks cost falls
    Outbreak of peace leads to Hellenic club dropping premiums by 15%.
  • Equinox takes Meloodia
    Tallink unit confirmed sold to Equinox Offshore Accommodation of Singapore for conversion work.
  • Crunch with silver lining
    Paragon Shipping chief Michael Bodouroglou expects credit crunch to keep dry-bulk sector booming for two years.
  • VLCC leaks oil off Korea
    Hosco tanker hit by crane which fell from barge has spilled 10,800 tonnes of crude, but holes now plugged.
  • CSCL rakes in IPO cash
    Shanghai-listing is worth $2.1bn for expanding China Shipping Group unit.
  • Hoegh brings Kiwis in-house
    Kiwi Car Carriers is to come under the Hoegh Autoliners umbrella from the start of next year.
  • Yenisei faces tax claim
    Russian river and coastal shipping player could have to pay RUR 2.7m to local tax inspector.
  • CMES offloads oldies
    Chinese owner sells two elderly aframaxes to Hong Kong's Hailian as fleet renewal gathers pace.
  • Erdogan hints at new ferry link
    Turkish prime minister courts controversy by saying service from Jordan to Turkish-controlled Cyprus could be established.
  • Swee Joo sweeps up resale
    Malaysian owner to take delivery of 908-teu boxship next February for $14.1m.
  • Endeavour River refloated
    ASP managed ship is freed from the Queensland mud by five tugs, harbour master says.
  • Arpeni lines up bonds
    Fresh from ordering two capesizes, Indonesian owner could sell $160m of debt next year.
  • No winner in ferry race
    Norwegian consortium to start again in search for owner to run Scotland link, after five-strong field disappoints.
  • StealthGas moves into MRs
    Harry Vafias' US-listed gas carrier company has acquired two 47,000-dwt product tankers.
  • Fredriksen issues bonds
    Oslo-listed Golden Ocean releases $200m worth of convertible bonds to boost its fleet renewal programme.
  • Pendennis wins ferry deal
    UK shipyard to build replacement ship for Dartmouth crossing.
  • Figaro loses power
    Emergency tug heads for Wallenius Lines car carrier after ship is left dead in the water off Lands End.
  • Eastern Echo ups order
    Dubai-based seismic firm has increased the number of vessels on order at Barreras in Spain.

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American Shipperweb site
DECEMBER 7, 2007
  • U.S. and China: No change in maritime competition laws
  • China Shipping Container Lines raises $2.1 billion
  • Maersk rolls out cargo booking site
  • Sea Containers wins latest battle over GE SeaCo with GE Capital
  • Inchcape buys majority share of Polish agency
  • GAC Group expands Australian operations
  • Germanischer Lloyd opens Vladivostok office
  • Cathay fleet continues to increase
  • Los Angeles signs lease for new Ontario air cargo center
  • Kingfisher loses big, plane orders to blame
  • CBP considers limited applications for CSDs, Ahern says
  • First Industrial Realty provides update on Calif. teachers' JV, Ficker
  • Drewry establishes supply chain division
  • Merger of U.S.-Mexico sweetener market spurs acquisition
  • RC2 recalls potty seats
  • AST&L names four for logistics honor
  • New CARB regulations to hit port truckers, ship owners
  • NRDC, Teamsters threaten shipping lines over SoCal terminal development
  • China's leading ports see box growth of 19% in October

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The Scandinavian Shipping Gazetteweb site
DECEMBER 7, 2007
  • Fantaasia is cleared from detention
    Tallink-owned ferry Fantaasia, which is chartered by Norwegian operator Kystlink, has been cleared from detention and will make a trail run between Langesund, Str'mstad and Hirtshals over the weekend. "The detention, placed on the vessel on November 21, is ...
  • "Pilotage should be opened to competition"
    Finnish Competition Authority proposes that the Ministry of Transport and Communications establish a workgroup to investigate how pilotage could be opened to competition. In a proposal the Competition Authority states that competition also would secure the efficiency of the State ...
  • Owner have to pay damages for Fu Shan Hai
    The owner of the Fu Shan Hai, a Chinese shipping company, has to pay EUR 3 million in damages to Sweden for pollution combating. The negotiations have been going on for several years. The amount is only 60 per cent ...

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The Bunker Bulletinweb site
DECEMBER 7, 2007
  • Board poised to approve new cold ironing rules
    California requirements to include shore power usage from 2010.
  • Fuel oil trade still slim at buoyant IMAREX
    Trade in freight derivatives soar to new records but bunker fuel futures see little activity.
  • Booms deployed in bid to contain spill
    South Korean officials say oil has stopped leaking from the damaged tanker.
  • US Lines sold after suffering bunker-related losses
    Reports suggest high bunker prices proved unsustainable for the container carrier.
  • Cruise ship falls victim to bunker prices
    Cruise operator says high bunker and maintenance costs make veteran ship 'uneconomic'.
  • Rotterdam market quiet
  • Pilot blamed for San Francisco bunker spill
    Californian investigation says pilot ordered 'full speed' in thick fog.
  • Dan-Bunkering takes two new staff for Shanghai
    Expansion to 'continue the steady growth of the company'.
  • Major oil spill off Korea
    Tanker spills some 11,000 metric tonnes of crude oil after collision with crane-carrying vessel.
  • Oil jumps to over $90 per barrel
    Oil prices rebound on US plan to ease the country's housing mortgage crisis.

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