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Shipping News

New ship capacity will outstrip China's growth, says analyst
CHINA's growth in demand for seaborne commodities is likely to be only a ninth of new ship capacity coming on stream in the next two years according to a top analyst, Lloyd's List reported last week.
Greenpeace members board vessel
A lone Greenpeace activist was camped out aboard a decommissioned French aircraft carrier early yesterday after a larger protest against plans to send the asbestos-riddled ship to India for scrapping, the environmental group said.
Road Builder sees growth via its port division
ROAD Builder Holdings Bhd expects its port division to spearhead the group's growth in the next three years, riding on several major developments on its Kemaman Port, the company's managing director, Low Keng Kok, said last week.
PSA handled 8.4% more containers this year
HPH to invest in Spanish terminal

Strait Talk

It's time for a WTO deal on shipping
WITHOUT the shipping industry, world trade would simply not happen.

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Shipping News

New ship capacity will outstrip China's growth, says analyst
CHINA's growth in demand for seaborne commodities is likely to be only a ninth of new ship capacity coming on stream in the next two years according to a top analyst, Lloyd's List reported last week.
Greenpeace members board vessel
A lone Greenpeace activist was camped out aboard a decommissioned French aircraft carrier early yesterday after a larger protest against plans to send the asbestos-riddled ship to India for scrapping, the environmental group said.
Road Builder sees growth via its port division
ROAD Builder Holdings Bhd expects its port division to spearhead the group's growth in the next three years, riding on several major developments on its Kemaman Port, the company's managing director, Low Keng Kok, said last week.
PSA handled 8.4% more containers this year
HPH to invest in Spanish terminal

Strait Talk

It's time for a WTO deal on shipping
WITHOUT the shipping industry, world trade would simply not happen.

	web site

HK ports' Q3 cargo throughput up 7pc NOL sees strong growth in first 11 months OOCL opens office in Switzerland "K" Line establishes logistics unit in Tianjin Asean nations plan to clamp down on piracy Direct Beijing-Lhasa train to be introduced next year Knatz named to head Port of LA Port of Tacoma appoints Morrison to sort out finances Cathay posts 15pc rise in cargo volumes in November Eastern Airlines launches 8 intl routes DHL upgrades Pakistan facilities Blue1 adds new aircraft, destinations

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European clean fuel standards unlikely in Asia for now-experts Scrap FBT, service and withholding taxes, INSA urges FinMin Draft report on private operators in railway container transport to be ready in a month GDL raises $ 76.5 m through GDR issue to finance expansion P&O's shareholders to decide on DP World's offer in Jan. Kulkarni terms ITF's FoC campaign a 'tremendous success' VPT's 'track' records in November PMO, MoS approve move for Sagar Island jetty, transhipment facility KoPT appoints consultant for Hooghly jetty's feasibility study Allcargo Movers is now Allcargo Global Logistics Pvt. Ltd PM to inaugurate CII's Bharat Nirman on Friday Raipur trade meet highlights VCT as ideal gateway to the East

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DECEMBER 13, 2005
Nordö-Link to start New Year with new management NOL Group extends presence in Russian Far East Lufthansa Cargo flies to Chengdu Germany: coastal motorway in the north now finished Kuehne + Nagel acquires US forwarding company Aces Ltd.

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DECEMBER 13, 2005
Clarksons kills off ferry subsidiary Camillo Eitzen takes control at Sigloo Skaugen orders 4 LPG/ethylene carriers Felixstowe bids to boost rail capacity Greenship sells first ballast water system

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American and Swedish clubs hit owners with 10% rate rises TWO of the significant providers of shipowner liability insurance have just about rounded off the pre-season jostling with co- incidental announcements of a 10% general increase in premium from February 20. Ladyman launches 'hybrid' UK maritime degree course A NEW foundation degree route into sea careers has been launched by UK Shipping Minister Dr Stephen Ladyman, writes Michael Grey. Kenyan fears over Somalia as war risk zone KENYA is strongly resisting efforts to have neighbouring Somalia declared a war risk zone, a move it fears could cost regional hub port Mombasa millions of dollars a year. Shell attempts to reorganise its reserves as year of massive investment looms Shell plans to hoist capital investment by a thumping 27% to $19bn next year as it copes with rising costs and attempts to improve its record on replacing reserves.

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DECEMBER 13, 2005
Last-ditch talks for Irish Ferries TODAY is a crucial day for Irish Ferries California vulnerable to tsunamis TSUNAMI damage to California's ports would be devastating, a commission warns, because the facilities are designed to withstand earthquakes but not giant waves Transpetro seeks 1,500 employees TRANSPETRO, the shipping division of Brazil's Petrobras, will interview 6,000 applicants in February to find 1,500 maritime and administrative workers US oil outlook dims THE US Energy Information Administration has slashed its long-term forecast for US petroleum and LNG import demand Russian second register moves closer RUSSIA'S second ship register moved a step closer last week when the Federation Council, the upper house of parliament, enacted authorising legislation Emeraude future hangs in the balance THE future of the Emeraude Ferries service between St Helier on the Channel island of Jersey and St Malo, France, is under review in the face of worrying financial losses Sea Malta ceases trading Germany counts its tax blessings PSA ahead in race for Yangshan China shipments set to decline

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DECEMBER 13, 2005
EU set to end liner conferences Ruling could come at Wednesday meeting, ending long fight with container shipping over anti-trust protection. Nine vie for S. Carolina hub Tacoma, Seattle vie for box lead JoC launches Asia/East Coast Maritime Conference China shifts world trade patterns: GAO Matson bumps up fuel charge Ten A380 freighters for UPS Intermodal rail volume grows Seaway savings 'minimal': Study Mumbai finds auto niche

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DECEMBER 13, 2005
Russian Railways' TransContainer could be part-privatised Part-privatisation of TransContainer could take place in H2 2007, with 25% of the company due to be sold off a year after TransContainer is spun out from Russian Railways (RZhD). Toll offers more takeover concessions Toll Holdings has presented another set of undertakings to the Australian Competition and Consumer Commission in its attempt to get clearance to buy rival Patrick Corporation. ELAA on alert for Competition decision on conferences Engine failure apparent cause of CP Valour grounding HMM and Hanjin eye BNP Phase II Bangladesh refuses to sign Asian Highway deal HPH to make gains in Spain US exports to China up over 10 years, but market-share is falling Rail terminals to improve Indonesian export flows EU still China's top trading partner Combisped accelerates northeast Baltic coverage

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DECEMBER 13, 2005
Canada flag fights back CSL and compatriots have stopped a Greek bid to break into the protected Canadian cabotage trades. Cash in place for Sovcomflot Russian owner and Japan's NYK agree deal with Mizuho Bank to finance Sakhalin 2 LNG ships. Petromin bidder rejected Romanian privatisation agency bars one of only two candidates for controlling stake in bulker owner. Smedvig dumps Smedvig US-listed Noble Corp has bought the Smedvig family out of its offshore namesake for some $690m. Mercator mulls new share issue Indian tanker owner to consider fresh sale of stock, plus a share giveaway to existing investors. Great Eastern barges into USL Indian owner puts cash into Mumbai barge and tug company to help it expand. Wilhelmsen gains from Glovis Norwegian owner's stake in Korean car logistics firm rises by $50m. Fesco sale back on Government to go ahead with divestment of 20% stake in Russian boxship owner in 2006. Olsen dilutes Oceanlink stake Ganger Rolf and Bonheur raise close to NOK40m after issuing 2m shares in private placement. Huge jump for ABG Indian shipyard's stock market debut sees shares rise as much as 61% in Mumbai. Arlington refinances Proceeds to refinance existing bank debt and fund purchase price for two new product tankers. Babcock ups PD Ports stake Aussie investment firm picks up 12.6m shares in open trading to tighten grip on UK ports group. Volumes slow at NOL Good run comes to an end for Singapore liner firm as the growth in containers handled slows.

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DECEMBER 13, 2005
CMA CGM leaves TSA Savings 'minimal' from St. Lawrence Seaway Standard & Poor's revises Teekay Shipping's outlook to stable OOCL to open own Swiss office TACA's bunker rates unchanged U.S., Mexico ink aviation agreement World Air to lease three converted 747-400 freighters Goode joins FKI Logistex DOT puts Northwest railroad on notice for safety violations F.S. Mackenzie establishes Ukraine subsidiary IJS's China operations gets "Class A" forwarding license Famous Pacific Shipping France relocates Le Havre headquarters USDA waives inspection, weighing of containerized high-quality grains House subcommittee considers ammonium nitrate bill TNT Logistics names Kowalkoski to head car sector Trans Global Logistics names Janusky to head Midwest marketing Hutchison to acquire majority stake in Barcelona container terminal Virginia Ports say state-backed rail projects beneficial Port of Felixstowe aims to improve branch line Jurong Port's box volume up 32.5% Morrison named Port of Tacoma's director of financial planning

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DECEMBER 13, 2005
Coastal Express deal on Monday The merged Troms Fylkes Dampskibsselskap (TFDS) and Ofoten of Vesteraalens Dampskibsselskap (OVDS), under the new name Hurtigruten Group, will be ... Arlington refinances for vessels aquisition Arlington Tankers has entered a five-year USD 229.5 million loan agreement with Royal Bank of Scotland. The money will ... Double Herning-naming at Tuzla, Turkey Herning Shipping have conduced a double naming ceremony at the Turkish shipyard Densu Dis Ticaret Denizclik at Tuzla. The first ...

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DECEMBER 13, 2005
Bahamas hits tank bottom PDVSA advising that it is out of product and resupply not expected until Christmas. Houston prices firm as buyers worry over dwindling stocks Buyers concerned about tightening avails are boosting demand in Houston with prices firming against stronger crude levels. Volvo to enforce sulphur limits Company will make ships follow EU guidelines or risk losing contracts. Legal challenge to new California emissions rule Shipowners pondering legal options, pushing voluntary measures, as state moves ahead with new distillate fuel regulation. Fujairah refinery: Open to foreign participation Energy Minister says feasibility study underway, and that refinery will be open to joint ventures with international oil companies. Additives: Lubrizol Corporation declares dividend New appointment signals expansion for UK supplier Recruitment of new marketing manager signals start of a new initiative to provide services in other ports and supply fuel at new locations. Maxcom wraps up UK business activities Final phase of Maxcom's consolidation will see UK business activities cease, while a new company is taking shape. New president and board for bunker association The Turkish Bunker Association has elected a new President and Board of Directors to serve the next two-year term. Rotterdam: Prompt premiums persist, congestion evident ARACON: Last chance to have your say Fill in your bunker conference wish-list and enter prize draw for a free delegate pass.