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SMA ties up with Japan's top maritime college
THE Singapore Maritime Academy (SMA) of Singapore Polytechnic took a step eastward in its expanding network of tie-ups with maritime training institutes around the world when it yesterday signed a memorandum of understanding with top Japanese maritime college Toba National College of Maritime Technology.
21 poly graduates obtain degree from UK universities
THE maritime industry yesterday gained another batch of fresh recruits as 21 students were awarded the naval architecture and marine engineering degree by the Universities of Glasgow and Strathclyde (UGS).
Toll Holdings' profit from ongoing operations up 24%
Toll Holdings Ltd, Australia's top logistics group, reported a 24 per cent rise in profit from continuing operations yesterday and flagged strong profit growth in fiscal 2009.
Lorry drivers end strike at Karachi port
Inpex to build LNG import terminal for 100b yen

Strait Talk

Firm action on piracy needed now
LAST week's column dwelt on the subject of war pay, which had been highlighted by the Georgia/Russia conflict. That issue is still very much alive but there has been a most unwelcome reminder of another unacceptable danger facing today's seafarers - piracy.

web site

Shipping News

SMA ties up with Japan's top maritime college
THE Singapore Maritime Academy (SMA) of Singapore Polytechnic took a step eastward in its expanding network of tie-ups with maritime training institutes around the world when it yesterday signed a memorandum of understanding with top Japanese maritime college Toba National College of Maritime Technology.
21 poly graduates obtain degree from UK universities
THE maritime industry yesterday gained another batch of fresh recruits as 21 students were awarded the naval architecture and marine engineering degree by the Universities of Glasgow and Strathclyde (UGS).
Toll Holdings' profit from ongoing operations up 24%
Toll Holdings Ltd, Australia's top logistics group, reported a 24 per cent rise in profit from continuing operations yesterday and flagged strong profit growth in fiscal 2009.
Lorry drivers end strike at Karachi port
Inpex to build LNG import terminal for 100b yen

Strait Talk

Firm action on piracy needed now
LAST week's column dwelt on the subject of war pay, which had been highlighted by the Georgia/Russia conflict. That issue is still very much alive but there has been a most unwelcome reminder of another unacceptable danger facing today's seafarers - piracy.

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Maersk Line unveils Boomerang service for Asia-Australia CMA CGM to build box terminal at Tianjin Port through JV MISC operational costs bring down Q1 profit 2.6pc NOL's APL July box volumes up 14pc, revenues rise 9pc Hike in Indian Railways charges hit domestic container train operator Great Lakes Cleveland Port may be linked to new deep-water port in Nova Scotia Fraport first airport operator to join IATA's Cargo 2000 Bifa supports breakup of BAA to boost competition Emirates SkyCargo gains new manager

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Workshop stresses need for better deal to coastal shipping Panlloyd adroitly executes two intricate shipments at Mumbai Port Steel imports now more than exports! Dockers wage panel to meet IPA tomorrow GPL walling off sea erosion of villages Vizag Port excels in breaking records again Freightstar launches train service from Dhappar near Chandigarh to JNP NBHC to build over 300 modern warehouses near major mandis ...to commence regular service between ICD-Loni & ABGKCTL next week Planner feels 9-10 pc economic growth to be 'achievable' Fiscal's FDI target will be exceeded, believes DIPP Secy Export zones to attract phenomenal investments & generate lakhs of jobs-Pillai Tender for yellow peas floated Exim Bank's 100th LoC goes to Uzbekistan 2-day Fieo workshop on 'Export Incentives & Procedures' this weekend

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AUGUST 26, 2008
Benge joins port of Tacoma as contracts manager Eurogate Tanger welcomes regular feeder services The race for AUA is on Leimgruber building new headquarters University of St Gallen logistics management event on 16 September

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AUGUST 26, 2008
Coalition navy begins Somali patrols Frontline subsidiary cancels Indian order CSSC sees profits soar Polarcus orders 6 Ulstein

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AUGUST 26, 2008
Pride orders fourth drillship at Samsung Todd gets Nimitz class maintenance contract USCG enforces nontank vessel response plan rule Hyundai Heavy to bid for Daewoo Shipbuilding

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AUGUST 26, 2008
NOL will not pay over the odds for Hapag NOL chief Ron Widdows sends signal to Tui not to expect too much from a possible final bid. Widdows says Hapag-Lloyd name should be preserved Jinhui warns of dry bulk slowdown BULKER operator cautious amid dampening demand for raw materials from China, India and other emerging economies. Oceanaut in last gasp deal to buy Irika bulkers OCEANAUT unveils deal to acquire four bulk carriers for $352m after collapse of earlier agreement with Restis.

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AUGUST 26, 2008
US yards win foreign allowance NASSCO's yardA FEDERAL judge has ruled that foreign components can be tapped by US yards for construction of Jones Act newbuilds, a key victory for Aker Philadelphia and NASSCO DFDS signs up for longer ro-ros COPENHAGEN's DFDS has signed a contract with MWB in Germany to lengthen three ro-ros by 30m in a deal worth DK400M The right speed for right whales? VESSEL speed limits could be imposed near US East Coast ports and in cetacean breeding and feeding areas under a proposal Coast Guard calls Rush verdict fair THE US Coast Guard insists it got no special treatment in a prosecution for bypassing an oily water separator Coast Guard's bitter bilge lesson THE US Coast Guard has used an embarrassing pollution case to spur an update of its environmental policies ' and to underline the penalties for failure to comply with them Hyundai leaps in for Daewoo THE WORLD'S biggest shipbuilder Hyundai HI has jumped into the bidding fray for Daewoo Shipbuilding

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AUGUST 26, 2008
Record fuel surcharge for TSA lines Transpacific Stabilization Agreement says floating bunker fuel surcharge will hit record level as of Sept. China Shipping net plunges Schenker parent investigating possible fraud Legal victory for Aker shipyard in Jones Act lawsuit Zim expands US links Customs schedules Trade Symposium US investors cry foul over Poland bulk project RedPrairie adds yard RFID World adds Lufthansa 747 Canada inks trade accord ILWU caucus approves pact

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AUGUST 26, 2008
Eredene Capital to set up ICD in Gujarat Poti crisis sparks Black Sea tension Karachi truck strike ends Zim adds Genoa TSA hikes 'deferred' fuel surcharge to record level

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AUGUST 26, 2008
Seanergy says yes Shareholders approve black-cheque company's deal to buy six bulkers from the Restis family. Soros big on GSL Following Marathon takeover of Global Ship Lease, billionaire US investor emerges with a more than 10% stake in the newly-merged boxship owner. ETF launched Claymore Securities launches an exchange-traded fund for the US-listed shipping sector. Ropax crashes At least 15 people are injured when a Buquebus ferry suffers an accident in the port of Buenos Aires. Aker Philly spared Union challenge to Jones Act tankers is defeated in a federal court. Bad hand The US Coast Guard investigates why casino ship Sun Cruz grounded during Tropical Storm Fay. Kathrine in Golar Fredriksen's daughter takes director role at Nasdaq- and Oslo-listed owner. DFDS dives Soaring bunker costs send second-quarter profit falling at Niels Smedegaard-led ferry and ro-ro owner. Bright spark Koji Miyahara's NYK to launch world's first solar powered merchant ship as it firms up $640m green drive. Forex flop Croatian bulker and boxship owner Jadroplov sees earnings shrink in first half as dollar weakens. Ferry stuck GA Ferries' Dimitroula stranded at Aegean islet with serious engine trouble. Dry bonanza Croatian owner Atlantska Plovidba continues to make small forturne from bulker fleet in first half. CSCL sells six China Shipping unit books tidy profit following sale of feeder sextet to sibling company. CSCL slips on oil Steep fuel price rise and economic downturn lead to 43% profit drop at China Shipping Container Lines. MPC burdened Axel Schroeder-led fund manager held back by negative showing at HCI Capital as bottom line and ship investment suffer. Posco plots Korean steel group looking at yard assets in Ukraine and Middle East as well as bidding for Daewoo. HHI U-turn Korean yard giant will bid for controlling stake in rival Daewoo, four months after saying it hadn't even considered a move. Mermaid gets CFO Thoresen Thai Agencies offshore unit promotes from within to replace outgoing finance chief. Asian aid Bulgaria's Rousse Shipyard looking to bring in another 70 Vietnamese welders to fill skills gap. Tankerska on up Croatian tanker and bulker owner pushes up first-half profit as costs fall. Jinhui piles it on "Record high" profit toasted at Hong Kong bulker owner in second quarter as dry rates balloon. Macro meltdown? Jinhui warns that tough global economic conditions could eat up demand, with even China "not immune". Finnlines sued Pension fund Ilmarinen taking Finnish ro-ro player to court over size of dividend payments. Gains lift Omega Net profits double at US-listed product tanker specialist on back of derivatives gains. Four tankers axed John Fredriksen ends order for four chemical tankers at India's AAGL by mutual consent. Fire at H&W Workers evacuated after blaze engulfs ship under repair at Belfast shipyard. PDZ sees red Malaysian intra-Asian liner operator has slipped to a loss in the second quarter. NYK rejigs Japanese liner company is restructuring its services between North and South America.

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AUGUST 26, 2008
TSA to raise bunker surcharge to record level Monday NYK vessel will put solar to the test SAS's future uncertain as shippers threaten suits over price fixing TAM Cargo expands freight terminal in Manaus UPS improves transit times on routes Report: Schenker Belgium accounting fraud Pakistan truck strike hamstrings exports APL rail service in India connects Delhi to Mundra Meat exporters say Russia is growth market U.S. Marines sign logistics deal with Agility Dachser moves Swiss sea freight operations to Basle Trade symposium scheduled Oct. 29-31 Hommel brought in as time:matters new spare parts logistics head Pest stopped at border Amsterdam's first half cargo up 6.6% Port of Tauranga expanding container terminal Ports of Indiana awards $500,000 in infrastructure projects

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AUGUST 26, 2008
Barge companies adapting to lessen costs Increasing bunker prices and fuel surcharges encourage marine companies serving Alaska to consider cost-saving alternatives. South African bunker sales on the mend Sales slightly up in 2007 after 2006 decline. Outlook 'positive' due to new barges. Global bunker market report Fuel oil parcel goes to Indian supplier Adani Group secures 30,000 mt cargo. DFDS adjusting to 'difficult market conditions' Capacity reductions planned on several routes, while three ro-ro ships will have capacity extended with no increase in bunker consumption. Shipyard delays keep freight rates high Bulker operator reports 60-fold increase in profits. Asian bunker markets flat Little change in price in Singapore and other key ports. ARA - barges with some suppliers tight Rescue service cuts speeds as fuel costs rise UK-based lifeboat institution sees fuel costs double. Malaysia-listed firm plans floating storage services Baneng Holdings acquires STS transfer and floating storage capabilities. Singapore takes new double hull tanker Difficulty in securing crew work permits could delay start of operations.