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Shipping News

Supply chain security benefits far outweigh costs: study
COMPANIES that spend on supply chain security can expect a comparative advantage far outweighing the costs of implementing the security processes, says a new study by Stanford University.
Shanghai Port's H1 box volume hits record
SHANGHAI International Port Co, operator of China's busiest container port, handled a record number of containers in the first half as the nation's economic growth boosted demand to move freight by sea.
Titan Petrochemicals may spend US$86.7m on ships
TITAN Petrochemicals Group Ltd, China's largest oil-supertanker owner, said it agreed to buy as many as 10 vessels for US$8.67 million each to expand its ship refueling business.
Japan to overhaul maritime policy
M-East to S'pore oil-shipping costs may rebound
Supertanker rates seen jumping 44% in Q3 on slowing fleet

Logistics

Big truckers boost business with tracking software
RANDY Marten clicks on his mouse, and a map of the US pops open on his flat screen monitor.
South Africa's Transnet aims to boost general freight
SOUTH African rail and transport group Transnet wants to grow the market share of its ailing general freight business by 50 to 80 per cent in a mission to help boost national economic growth, the group's chief executive officer said on Tuesday.

web site

Shipping News

Supply chain security benefits far outweigh costs: study
COMPANIES that spend on supply chain security can expect a comparative advantage far outweighing the costs of implementing the security processes, says a new study by Stanford University.
Shanghai Port's H1 box volume hits record
SHANGHAI International Port Co, operator of China's busiest container port, handled a record number of containers in the first half as the nation's economic growth boosted demand to move freight by sea.
Titan Petrochemicals may spend US$86.7m on ships
TITAN Petrochemicals Group Ltd, China's largest oil-supertanker owner, said it agreed to buy as many as 10 vessels for US$8.67 million each to expand its ship refueling business.
Japan to overhaul maritime policy
M-East to S'pore oil-shipping costs may rebound
Supertanker rates seen jumping 44% in Q3 on slowing fleet

Logistics

Big truckers boost business with tracking software
RANDY Marten clicks on his mouse, and a map of the US pops open on his flat screen monitor.
South Africa's Transnet aims to boost general freight
SOUTH African rail and transport group Transnet wants to grow the market share of its ailing general freight business by 50 to 80 per cent in a mission to help boost national economic growth, the group's chief executive officer said on Tuesday.

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Shanghai port firm looks to Europe Calls for standardisation of pallet size made at China logistics fair Policy group says RFID could have commercial benefits BAF to be decreased in August: Maersk Line Accord Express, CL GLS merger complete McDonald's supplier in Malaysia upgrades logistics capabilities Shanghai Airlines Cargo to fly to Los Angeles Xinhua Far East upgrades credit rating of Shenzhen Airport Co. to A+ Airbus CEO steps down after A380 production delays

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Transindia gets Kalmar's award for excellence GE Shipping sells single-hull Aframax crude carrier Mumbai Port registers 19.31 pc increase in throughput in Q1 2006-07 KRCL to ensure running of double-stack container rakes to Kandla Port

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JULY 5, 2006
EADS appoints new co-CEO from SNCF Tallinn seeking container terminal operator Etihad offers more cargo connections from Frankfurt Transnet to sell non-core business units M&M sets up own terminal in Dresden Pudong may get bonded airport area Otal enhances website Canada to host 23rd international air cargo forum and exposition

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JULY 5, 2006
Malacca Strait pirates resume attacks Höegh spins off LNG ship operation Multiport expands New chairman for ISS

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JULY 5, 2006
Electric Boat wins DARPA contract MAN B&W relaunches RK 280 as MAN 28/33D

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JULY 5, 2006
Corps looking for comment on Columbia Jetty project Seattle-based Coast Guard cutter placed in 'caretaker' status Over one million pounds of drugs nabbed by border patrol agents Mitsui making upgrades to Pakistan service Hanjin adding fast ship to Asia-Europe service

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Wallenius Wilhelmsen eyes China and Russia for port terminal debut RUSSIA and China are under close scrutiny from planners at Scandinavian shipping alliance Wallenius Wilhelmsen Logistics as prime markets in which to make its first move as a port terminal operator. Sparks still flying over Hyundai Fortune NEW fireworks are threatened over efforts to resolve cargo claims in the Hyundai Fortune case, with fears that claimants could have a huge struggle to get their money. Accidents 'caused by inadequate manuals' ACCIDENTS are being caused by the inadequacy of operating and maintenance manuals being supplied to ships, a study by the Confidential Hazardous Incident Reporting Programme has concluded. Total to defend itself against Erika charges THE Total oil group will be prominent among the 15 defendants who will go on trial in Paris from December 4 on charges of responsibility for the sinking of the 36,285 dwt tanker Erikaoff the French coast in December 1999 and for the pollution disaster which ensued, writes Andrew Spurrier in Paris.

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JULY 5, 2006
Erika trial to begin on 4 December FRENCH oil group Total and 14 other companies and individuals involved in the sinking of the tanker Erika will appear in court between 4 December 2006 and 28 March 2007, it has been reported in Paris today Saf Agulhas refloating 'next week' A RENEWED attempt to refloat the grounded 1,704-teu boxship Safmarine Agulhas at the port of East London, South Africa, will not be made until next week Drybulk sector upgraded CANTOR Fitzgerald has raised its estimates for three publicly-traded drybulk players on increased expectations for 2007 freight rates All you need is Beetles AS the Mountain Pine Beetle destroys forests across the northern Rocky Mountains, one company has seen a way to turn 'denim lumber' into dollars Migrant Watch: US/Caribbean HEAVY seas and high winds are being credited this week for the absence of migrant activity in the Mona Passage between Hispaniola and Puerto Rico Lines beginning to avoid Santos CONTAINER ship operators have started to avoid calling at Santos, Brazil, as strike action by truck drivers and others paralyses the flow of cargo Hanjin brings in 'fastest' box ship Piracy attacks spark crew concerns

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JULY 5, 2006
UPS, pilots reach contract agreement Tentative agreement reached after four years of talks provides wage and pension improvements for 2,700 pilots. Commonwealth Business Media acquired by United Business Media DHS publishes infrastructure protection plan Barroso: Doha can be salvaged WCO adopts trade criteria World's largest box ship joins CMA CGM fleet Moller expands executive board Dubai revamps ports unit BDP founder Bolte dies Maersk Logistics's Chiarello moves to real estate developer Hamburg Süd buys Fesco routes Massport taps deputy port chief Forward Air gets DHL ground contract Moller in $515M tug takeover IPH snags Yarmouth deal

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JULY 5, 2006
Former CP Ships and ANZDL exec's head USL's Aus' team As expected, a host of former Australia New Zealand Direct Line personnel will fill the top positions in US Lines' expansion into WCNA-ANZ and ANZ-North Asia trades. Car parts boost SA box volumes Container volumes handled by South African ports are expected to increase by 8% in the coming financial year to the end-March, the CEO of the state-owned Transnet said yesterday. Steady as she goes: brokers see smooth sail into summer Salvors continue to lift cargo from Safmarine casualty China COSCO to develop Quanzhou port in Fujian Australian Treasurer in new push for national port control Truck-drivers' action drives ships from Santos Gwangyang expands volume incentive scheme Hyundai Group secures more friendly shares in HMM MEPs set priority as legal certainty, not continuation of 4056/86 Klaipedos Smelte terminal places hope in July start Port of Dunkirk's H1 container traffic languishes

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JULY 5, 2006
Bulking up Analyst upgrades dry bulk sector on 'unexpected market strength and positive outlook.' Hoegh cashes in property chips Norwegian owner banks $274m from real estate sale in Oslo. EC investigates Hellenic aid European Commission to look at cash help from government to Greek shipyard. Tug owner seeks bulker arrest Legal proceedings brought against Greek owners of bulker which sank Indian tug killing 14. L&S in the money Oslo broker Lorentzen & Stemoco posts bigger 2005 profit on back of better S&P, dry cargo and newbuilding business. Vinashin grabs aframax order PetroVietnam inks order for three 105,000-dwt units at compatriot yard Vinashin. Bergen Banking lands bulkers Norwegian owner buys two ships from Dutch Flinter group as part of eight-ship expansion drive. Virus strikes Fred Olsen cruise Vessel returns to UK for "extensive sanitation" with over 100 passengers suffering "noro-type virus". New yard for Indonesia? Korean corporation Dae Joo linked to project in Riau Islands. Hemen ups Deep Sea stake John Fredriksen increases his holdings in Norwegian offshore vessel operator to close to 30%. Estonia pursues Tallink cash Government still wants unpaid lighthouse and icebreaking fees despite appearing to write them off last year. Japan bans 'spy ship' North Korean ferry Mangyongbong-92 banned for six months from Japanese ports following missile tests. Titan inks barge spree Hong Kong-listed tanker owner orders up to ten 6,500-dwt bunker barges at part owned yard.

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JULY 5, 2006
Hanjin names world's fastest containership MOL, Samudera to add India to Singapore/Karachi loop TUI promotes Beroleit to director of investor relations Airbus boss Humbert resigns after A380 delays SAS Cargo, Air China sign air cargo agreement GF-X portal scouting for investment Continental Airlines' June cargo up 8.9% BA World Cargo appoints ProActive as Danish sales agent U.S., Canada finalize agreement on softwood lumber trade USDA enhances Web-based permit system FMC rules South Carolina port authority immune from complaint

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JULY 5, 2006
Gustaf Erikson sold The shipping company Gustaf Erikson on Åland has been sold, reports the Finnish broadcasting company YLE. Buyer is OCT Shipping ... Finland tops White List The port state organisation Paris MOU has presented the flag state black/grey/white list for 2005, based on the ...

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JULY 5, 2006
NYMEX crude posts new record Markets firming following the long weekend and jittery geopolitical reactions. Brazil avails remain tight Petrobras advising limited supplier available, capping a bad week for Brazil. Broker wins military gasoil contract US firm nudging out four others for 5-year local supply deal. Titan eyes new Asian markets with bunker fleet expansion Titan orders two double-hulled newbuilds with option for a further eight new bunker barges. Spanish supplier preparing to offer LSFO Next month's EU requirement for passenger vessels to burn low sulphur fuel expected to boost demand. Safmarine Agulhas bunker removal well underway Salvage teams reporting good progress on removing bunkers and cargo in bid to prepare for new refloat attempt. Terminal reconstruction to be completed in September Rosneft subsidiary planning reconstruction work at Arkhangelsk in the coming months. Rotterdam barge market dips below $300 Singapore: One debunkering completed Debunkering has been completed on one out of three ships supplied with high-density bunkers in Singapore last month. Saudi Arabia endorses oil strategy plan Oil strategy plan targets the need to gradually raise oil production and increase refining capacity.