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Shipping News

Manila's ICTS to build terminal in Colombia
Only a few years after dire finances forced International Container Terminal Services (ICTS) to sell off much of its overseas terminal network, the Philippine-based operator has been steadily rebuilding its portfolio, making Colombia its latest addition.
Maersk unit sells Express Offshore to Macquarie
Danish shipping and oil group AP Moeller-Maersk unit Svitzer Far East and its partner Wilhelmsen Offshore & Chartering have sold their jointly-owned Express Offshore Transport company to Australian bank Macquarie, the companies said yesterday.

Strait Talk

Telling good news to get better results
issues now set the agenda for the shipping industry to an extent that would have been unimaginable a decade or so ago.

web site

Shipping News

Manila's ICTS to build terminal in Colombia
Only a few years after dire finances forced International Container Terminal Services (ICTS) to sell off much of its overseas terminal network, the Philippine-based operator has been steadily rebuilding its portfolio, making Colombia its latest addition.
Maersk unit sells Express Offshore to Macquarie
Danish shipping and oil group AP Moeller-Maersk unit Svitzer Far East and its partner Wilhelmsen Offshore & Chartering have sold their jointly-owned Express Offshore Transport company to Australian bank Macquarie, the companies said yesterday.

Strait Talk

Telling good news to get better results
issues now set the agenda for the shipping industry to an extent that would have been unimaginable a decade or so ago.

	web site

Daewoo Shipbuilding boosts plans to raise order book by 55pc Fujian January to May foreign trade value up 13.3pc Longhai city reveals plans to develop three major ports Yuancheng to partner on international logistics with Sumitomo MyCRM software wins contract from Xiamen freight forwarder PSA Sical terminal operator to hit India with a work-to-rule campaign Record container moves at Felixstowe from 9,500 TEU ship Advance buys 2,400 open-top, flat rack containers for outsize cargo Korean Air-Sinotrans cargo airline JV gains CAAC approval DHL unveils China-UAE air cargo service S Korea starts air, sea and truck intermodal service to China Wuhan to build air cargo logistics facility

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Surging tanker supplies projected to sink crude freight rates Rules of origin norms of products in FTAs to be tightened Minister sees sugar exports doubling As cheaper Chinese tyres roll in, govt gets set to slam brakes Amul urges PMO to lift export ban on skimmed milk PSA Sical to rationaliseTuticorin Container Terminal operations from July 15 TPT Board approves key infrastructural schemes CoPT takes steps to augment productivity VSPL accommodates Panamax vessel in EQ-9 berth Railways roping in private sector to modernise 16 freight terminals AP govt pitching for Hyderabad-Machilipatnam high-speed rail corridor Infrastructure status for coal mining industry likely soon FinMin lays down procedure to expedite Customs duty refunds WTC, AIAI to meet Turkish bankers tomorrow

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JULY 10, 2007
"K" Line: new board appointments Port of Liverpool targets Asian trade for new post-panamax terminal Leipzig/Halle inaugurates new parallel runway Duisburg to become rail hub for western ports Amsterdam'Strasbourg barge container shuttle Chronopost opens new express hub near Lyon

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JULY 10, 2007
UK on Qualship 21 CMB buys into Anglo-Eastern Braemar buys Singapore surveyor Skaugen's "satisfactory" Q2

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JULY 10, 2007
Keppel Shipyard wins drillship order Guilty plea in Navy bid-rigging case Canada to build Arctic Offshore Patrol Ships Sea Cargo back at Bharati

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JULY 10, 2007
Mitropoulos meets UN chief over Somalia IMO Secretary-General to meet Ban Ki-moon to urge further action against piracy in Somali waters. IMO calls in UN security council over Somalia Lines cash in on Asia-Europe trade boom CARRIERS get bigger rate increases than they had been seeking as cargo space tightens. Lehd Moller quits Maersk Line COMPANY'S chief operations officer Vagn Lehd Moller has quit the company just days after last month's top level shake-up. Keeping a firm grip on growth WHAT must ports do to cope with the robust growth of world trade and the super-sizing of the container industry? A lot on their plates THE IMO's Marine Environment Protection Committee opened its meeting yesterday with a long list of issues to be discussed.

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JULY 10, 2007
Jones Act suit targets USCG A united front of plaintiffs has filed suit against the US Coast Guard following its allowance for significant foreign yard work on single-hull Jones Act vessels Diplomacy to set gunboats on pirates THE IMO is prompting a move that could see foreign warships authorised to pursue pirates into Somali waters ONGC confirms Samudrika casualties INDIAN state-controlled ONGC, owner of the offshore supply vessel Samudrika-10 that sank yesterday, has confirmed there were 17 seafarers on board Boston ferries collide: few hurt TWO ferries crossing Boston Harbor this morning collided in thick fog: while damage was significant, injuries were few North Sea short-sea funds on offer SHIP operators in countries around the North Sea have been invited to apply for funding under the latest Motorways of the Sea programme Seanergy seeks blank cheque SEANERGY Maritime has filed registration for a new "blank cheque" listing on the American Stock Exchange Marshalls among Qualship group Ottawa builds icy Arctic presence Bocimar buys into Anglo-Eastern Royal Caribbean confirms Singapore IM Skaugen unfazed by 2Q slip Arctic oil will keep tankers active

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JULY 10, 2007
New rules issued for TWIC compliance Maritime sector gets detailed instructions for complying with the Transportation Worker Identification Credential. Customs sets China C-TPAT test Port of Vancouver, Wash., to get biofuels plant House sets TWIC hearing Light volume leads Maher to suspend Saturday gates Repair work scheduled for Panama Canal Hub Group drops Interdom deal U.S. cherry crop up Two new ships for Seaspan Lines protest Tuticorin box order Hamburg Süd christens ship

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JULY 10, 2007
'Motorways of the sea' funds on offer Evergreen still committed to Kaohsiung ICTSI invests in new Colombia terminal ERS joins Transiberian rail club

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JULY 10, 2007
US tanker war is on Crowley and OSG have joined shipbuilders in suing the US Coast Guard to stop US-flag competitors from rebuilding abroad. Tsold! Tsakos Energy Navigation has confirmed the sale of two of three aframaxes that TradeWinds reported sold a month ago. Lonrho goes sailing African mining conglomerate moves into shipping by taking a 45% stake in Cape liner company. UN issues Somalia plea IMO and WFP behind request from Security Council to allow NATO naval forces into Somali waters. Oldendorff sells again 1998-built handysize bought by TBS International but this time without charter. Globus fixes to Norden George Karageorgiou's newly listed owner signs up first ever panamax for two years with Danish owner. Greek siblings plan IPO Panagiotis Zafet and brother launch $150m Amex blank cheque venture, Seanergy Maritime. Jeppe jumps ahead Clipper Elite trainee overtakes seasoned rivals in TradeWinds' share picking contest. EOT flogged Macquarie snaps up Wilhelmsen and Maersk-owned crew supply ship operator. PNG ship aground Rabaul Shipping cargo vessel wedges on reef in rough seas off Buka island. Aegean Marine adds options Greek bunker tanker specialist to take delivery of five more 4,600-dwt units from Fujian in China. Arraign in Spain? Crew of vessel held in Santander may seek arrest and auction as owner's promises come to nothing. Sea-Cargo back at Bharati Indian yard building two more ro-ros for Norwegian owner. Hanjin eyes second yard Korean group planning to build another $1bn facility in Philippines, following Subic Bay investment. Duo in joint DSV order Oslo-listed Acergy and Havila Shipping order $180m diving support vessel at Havyard Leirvik. GO goes top after bulker buy AIM-listed owner leaps to top-five share price lead after purchase of handymax and three-year charter. TEN ties-up Bosporos US-listed Greek tanker owner secures three years of employment for latest Mipo newbuilding. NNC reveals order hand Egyptian national owner looks to be behind mystery deal for six bulkers at STX in Korea. Diana fixes Oceanis Simeon Palios' US-listed bulker outfit ties up panamax on two year charter to Hanjin Shipping. Supply ship sinks off Mumbai Eight people are feared dead after ONGC vessel runs into trouble off India's western seaboard. China woos foreign owners Beijing rolls out the red carpet to overseas investors to get the red flag waving over more ships. MC Shipping takes Keswick US-listed LPG gas player in buy and charter back deal with Vitol, as it offloads a stake in a boxship. Braemar buys Falconer Bryan UK shipbroker splashes out £5.8m on Singapore survey, engineering and loss adjusting firm.

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JULY 10, 2007
CMB subsidiary buying 27% stake in Anglo-Eastern Group CSCL Long Beach, COSCO Yingkou delivered to Seaspan Hamburg Sud christens fifth 3,752-TEU ship from DSME TACA leaves bunker, currency charges unchanged Kirby buying engine service company Bill targets trucks lines at New Jersey ports Hub Group calls off acquisition of Interdom Schwab: Removal of alcohol duties in India a "positive step" USDA gains $50 million in food aid from surplus commodities barter DaimlerChrysler, Schenker open industrial park in Bremen Global Link to operate in Asia under Golden Gate brand Savi Tech equipment part of U.S. Army order CBP official Heffelfinger joins Sandler & Travis Ultra Logistics promotes Graham to IT director Panama Canal Authority begins construction bids review Evergreen extends Port of Kaohsiung terminal lease L.A., Long Beach ports, APL join in ballast water project

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JULY 10, 2007
New 'indispensable guide' to Singapore bunker market Newly-launched report offering details of all 75 marine fuel suppliers in the port. Maersk fuel switching 'very successful' Company seeing emissions reductions in California without technical issues. Durban refinery back on-line Product shortages in South Africa's bunker markets ease, anxieties remain. New Statoil trader settles in MEPC endorses 'expert group' to study fuel options Oil and bunker industry to be represented in IMO-commissioned study aimed at informing decision on MARPOL Annex VI revisions. Asian bunker market will feel the pressure to reduce emissions Chemoil says it is well placed to meet future Asian LSFO demand. Reports four-fold increase European LSFO sales. Jensen joins OceanConnect Trader will lead OceanConnect's Scandinavian operations. Rotterdam market still holding firm Emissions dominate MEPC agenda Mitropoulos stresses urgency of establishing international ship emission controls to avoid unilateral action. Singapore bunker prices continue their rally Players warn that supplies may tighten later this month.