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Shipping News

Don't dump single-hull tankers on Asia: Shell executive
A senior Royal Dutch Shell shipping executive has rejected the view that it's okay to treat Asia as a dumping ground for older, single-hulled tankers as the European Union and the United States speed up the ban ahead of International Maritime Organisation deadlines.
India says it's ready to help protect Malacca Strait
UNDERLINING the need to secure sea lanes of the Indian Ocean, India expressed its readiness on Monday to play a role in protecting the Straits of Malacca as it decided to enhance defence cooperation with Indonesia.
China's sailors to get extra rights from Sept 1: report
CHINA's 1.55 million sailors - the largest group of maritime workers in the world - will get improved rights including regular paid holiday and health insurance, state media reported yesterday.
Asian Aframax shipping rates may fall more this week

Strait Talk

Balance of power tips towards the ship manager nowadays
WELL-KNOWN ship management figure Rajaish Bajpaee caused a stir in shipowning circles recently when he strongly criticised shipowners at the BIMCO meeting in Hong Kong for not paying enough attention to their seafarers.

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Shipping News

Don't dump single-hull tankers on Asia: Shell executive
A senior Royal Dutch Shell shipping executive has rejected the view that it's okay to treat Asia as a dumping ground for older, single-hulled tankers as the European Union and the United States speed up the ban ahead of International Maritime Organisation deadlines.
India says it's ready to help protect Malacca Strait
UNDERLINING the need to secure sea lanes of the Indian Ocean, India expressed its readiness on Monday to play a role in protecting the Straits of Malacca as it decided to enhance defence cooperation with Indonesia.
China's sailors to get extra rights from Sept 1: report
CHINA's 1.55 million sailors - the largest group of maritime workers in the world - will get improved rights including regular paid holiday and health insurance, state media reported yesterday.
Asian Aframax shipping rates may fall more this week

Strait Talk

Balance of power tips towards the ship manager nowadays
WELL-KNOWN ship management figure Rajaish Bajpaee caused a stir in shipowning circles recently when he strongly criticised shipowners at the BIMCO meeting in Hong Kong for not paying enough attention to their seafarers.

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Xiamen-Ganzhou/Nanchang container train service starts operation Yingkou port company to acquire port assets from its parent Shaanxi co-operates with Qingdao and Lianyungang on customs Wenzhou to build a multimodal logistics park Building starts on Dalian 500,000-square metre logistics complex Zhejiang encourages private investment on ports MOL Logistics Holding (Europe) to begin Netherlands-based operations Demand for clean power is fuelling oversize cargo logistics: TransGroup Shanghai's Panama Maritime Day strikes the right note on co-operation Envirotainer signs up Emirates, Air France and Kuehne + Nagel Australia slammed for not screening bellyhold air cargo Indian carriers expected to take bigger slice of airfreight

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STL Logistics India launched Hike in peak surcharges brought about by surging Asian cargo volumes ABG Shipyard's net up by robust 39 pc in 2006-07 Seaways Shipping launches direct feeder service linking Paradip with Singapore DMAI sets export target at Rs 12,000 cr. by March 2011 VCT holds trade meet at Raipur Spokes in road freight transport wheel Warehousing receipts set to attain status of negotiable instruments soon Exporters hedging receivables to reduce losses State allowed to proceed with land acquisitions

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JUNE 19, 2007
Mehrtens new ECG president Cargo handling up in Le Havre K+N achieves QEP accreditation Rhenus Alpina boosted sales in 2006

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JUNE 19, 2007
Welfare services not reaching seafarers Nordic orders giant crane vessel Four more bulkers for Eitzen Docker protests hit Finnlines

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JUNE 19, 2007
Nancy Morovich joins Halter as Senior VP USCG names senior procurement executive Record breaking crane vessel CFD solution extends DNV capabilities

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JUNE 19, 2007
Port of Vancouver, USA eyes waterfront lease agreement Toyota Motor Sales receives Port of Portland Compass Award World Trade Center Tacoma announces contest winners Congressman inks bill calling for Deepwater changes Alfa Tec adding new East Coast operation

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JUNE 19, 2007
Scandlines sale deadlock broken DEUTSCHE Bahn and Danish transport ministry agree to sell Baltic ferry operator for E1.56bn. Navios aims for logistics spin-off DRY Bulk operator plans separate listing for port and terminal operations. Kawasaki teams up with Cosco for Dalian yard venture JAPANESE builder to team up with Cosco on their second shipbuilding venture in China. Diving into the skills gap WANTED: thousands upon thousands of marine professionals.

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JUNE 19, 2007
Indian ports wasting assets Poor planning and inadequate infrastructure at India's ports means that the best routes for cargo is not being used, according to a former secretary of the Indian Ministry of Shipping Carnival updates on new ventures CARNIVAL Corp's new Chinese programme is improving its currently poor performance, while changes have been made to the German TUI agreement Carnival euro plan working CARNIVAL Corp inched up earnings despite continuing Caribbean weakness and rising fuel bills, courtesy of European strength Howe Rob acquires Killick Martin THE acquisition of UK broker Killick Martin Chartering by London-based Howe Robinson appears to benefit both parties, one observer told Fairplay Pakistani breakers reject tax hike SHIPBREAKERS at Gadani beach, Pakistan, have rejected an increase in sales tax to Rs5,600 ($92)/tonne and threatened to stop importing vessels for demolition Laskaridis takes control of Minoan GREEK reefer operator Panos Laskaridis has acquired a controlling stake in the ferry company Minoan Lines after buying the shares held by Attica Holdings Rosneft goes for Arctic shuttle fleet Scandlines sale fetches '1.56Bn Newcastle: bulkers forced back to sea Louis fined €1.17M for Diamond pollution Monsoon floods hit Dhaka discharge

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JUNE 19, 2007
Shippers warned on 10+2 changes Traders say Customs' "10+2" advance data program will produce bigger changes than many companies expect. Scandlines sold for $2.1B Portland volume surges Hanjin opens Wilmington's new China container service Seattle TEUs rebound Ottawa makes Vancouver port merger proposal official French port woos UK containers S. Carolina picks manager for box hub site preparation Chennai truck strike ends Kansas City airport plans intermodal and logistics hub Savi wins NATO RFID pact

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JUNE 19, 2007
Europe's first freight only rail link opened Controversial port bill passed by Californian Senate Valencia/Madrid rail link improved

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JUNE 19, 2007
Feeling cross And who can blame Odfjell's Erik Nilsen after absorbing six hours of cross examination from Stolt-Nielsen lawyers in Philadelphia? Scandlines sale sealed German and Danish governments pocket $2.1bn as German-led consortium plans IPO for Baltic ferry group. Sell, charter, buy, sell again Evangelos Pistiolis-led Top Tankers is flogging one of the double-hull suezmax tankers it just bought back. Eight for Navig8 New Singapore-based owner signs for four plus four 50,000-dwt tankers at Dubai Drydocks. Omega orders $221m quintet George Kassiotis-led tanker owner Omega Navigation has signed up for five products tankers at Hyundai Mipo. Shares surge on Attica sale Greek owner bags $127m in sale of entire Minoan Lines stake as Greek listed-company stocks soar. Up, down at Carnival US cruise giant cuts full-year earnings forecast despite second-quarter profit and revenues rising. Kawasaki on board Japanese group to partner Cosco in building new Dalian shipyard, their second such venture. Cosco eyes Philippines hub China's Cosco group is planning a $3bn shipyard and port facility at old Sangley Point naval base in the Philippines. One missing from RCCL ship Freedom of the Seas turns around to search for 24-year-old man gone overboard on Caribbean cruise. Four more for Eitzen Norwegian owner charters Japanese bulker newbuildings with purchase options. Nexus presses on with FPSO Oslo-listed group confirms Samsung newbuilding contract despite opposition from shareholder APL. Box bedfellows London broker Howe Robinson snaps up compatriot Killick Martin which acts for UASC. Greece fines Louis Cypriot owner and operator of Sea Diamond and captain slapped with $1.57m fine over pollution. L&T settles on Gujarat? Indian group's big new shipyard to be built near Okhla, report claims. Renewal for Chu Kong Hong Kong ferry group wants to replace up to 30 of its ships in the coming years. HHI shy on octet order Korea's Hyundai Heavy Industries remains mum on identity of European owner behind eight boxship order. Juppe ousted France set for new shipping minister after former PM loses seat in parliamentary elections. Profit surge for ABG Indian shipyard builds annual earnings by 39% as revenues grow. Navibulgar on the block Bulgarian privatisation agency lays the ground for sale of 70% of national shipowner. K Line bags India deal Japanese shipowner wins 15 year contract to ship coal from Indonesia to India from 2009.

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JUNE 19, 2007
Scandlines sold for $2 billion Eimskip starting U.S./Canada service B+H acquires product tanker Martinair offering service between Atlanta and Bogota Qatar Airways to add Newark/Doha flights Spero offers peek at Secure Freight Initiative Basham visits China, signs counterfeit enforcement pact Almond growers shell out more for security GreenCarrier opening office in Sundsvall, Sweden Velocity Express managers making $1 million-plus investment Radiant/Airgroup opens Miami office Yusen Air opts for Four Soft software Reports: COSCO to build hub in Philippines SoCal ports truck plan criticized by recyclers, freight forwarders Hybrid RTG achieves 74 percent fuel savings

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JUNE 19, 2007
Cruise ship company cancel Norwegian calls Holland America Lines (HAL) has as the first cruise company cancelled all calls at Norwegian ports from 2009 because of ... J. Lauritzen orders their biggest ships ever J. Lauritzen has signed up with Hyundai Heavy Industries of Ulsan for a pair of capesize bulk carriers assigned to ... Bourbon Dolphin wrong vessel for the job As the Royal Commission into the Bourbon Dolphin got underway in Ålesund, Western Norway, the head of Bourbon Offshore Norway ...

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JUNE 19, 2007
Uruguay dry, Argentina tight Iran could use 'oil weapon' if attacked Analysts say security concerns boost Fujairah's standing as a regional energy hub. Suppliers stocking up on low-sulphur product DNVPS says availability should not be a problem when new SECA comes in force, but operators will still need to check quality. Greece fines owner, operator and captain over bunker spill Fines totalling more than $1.5 million follow bunker spill of some 300 metric tonnes. Middle East fuel oil markets stabilise Fujairah bunker prices hold below Singapore as regional fuel oil markets 'return to normal'. Rotterdam: Suppliers fully committed this week Mumbai players eye 380 cst supply India-based supplier says it plans to supply 380 cst product in one month. Japan's bonded supplies dry up No more bonded bunker fuel products available for the rest of June.