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Shipping News

Leading shipping lines may impose war risk surcharge
SOME of the world's leading container lines may start slapping a war risk surcharge for cargo transported to eastern Mediterranean countries as fighting between Israel and the Hezbollah rages on.
Oil loadings continue at Syrian ports despite M-E violence
CRUDE loadings at Syria's ports continued without disruption yesterday despite escalating violence between neighbouring Israel and Lebanese Hezbollah guerrillas, an official with Syria's state oil marketer said.
LPG shipping rates expected to rise 10%
SHIPPING rates for liquefied petroleum gas , used to fuel cars and heat homes, will rise 10 per cent by the end of August, shipper StealthGas Inc said.
Shipments of coal at Newcastle port hit 9-month high

Strait Talk

New labour standard to dominate ship manning conference
LAST year, the International Shipping Federation held its annual one-day Manning and Training Conference in London in October, so that its representatives could return hot foot from Geneva with the latest on the negotiations on the International Labour Organisation 'Super Convention'.

Port Shots

Port Shots
A petroleum products tanker was detained on Monday at the Bangladesh port of Chittagong following a collision with a bulk carrier on July 12, an official from the Chittagong Port Authority said.

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Shipping News

Leading shipping lines may impose war risk surcharge
SOME of the world's leading container lines may start slapping a war risk surcharge for cargo transported to eastern Mediterranean countries as fighting between Israel and the Hezbollah rages on.
Oil loadings continue at Syrian ports despite M-E violence
CRUDE loadings at Syria's ports continued without disruption yesterday despite escalating violence between neighbouring Israel and Lebanese Hezbollah guerrillas, an official with Syria's state oil marketer said.
LPG shipping rates expected to rise 10%
SHIPPING rates for liquefied petroleum gas , used to fuel cars and heat homes, will rise 10 per cent by the end of August, shipper StealthGas Inc said.
Shipments of coal at Newcastle port hit 9-month high

Strait Talk

New labour standard to dominate ship manning conference
LAST year, the International Shipping Federation held its annual one-day Manning and Training Conference in London in October, so that its representatives could return hot foot from Geneva with the latest on the negotiations on the International Labour Organisation 'Super Convention'.

Port Shots

Port Shots
A petroleum products tanker was detained on Monday at the Bangladesh port of Chittagong following a collision with a bulk carrier on July 12, an official from the Chittagong Port Authority said.

web site

Shipping News

Leading shipping lines may impose war risk surcharge
SOME of the world's leading container lines may start slapping a war risk surcharge for cargo transported to eastern Mediterranean countries as fighting between Israel and the Hezbollah rages on.
Oil loadings continue at Syrian ports despite M-E violence
CRUDE loadings at Syria's ports continued without disruption yesterday despite escalating violence between neighbouring Israel and Lebanese Hezbollah guerrillas, an official with Syria's state oil marketer said.
LPG shipping rates expected to rise 10%
SHIPPING rates for liquefied petroleum gas , used to fuel cars and heat homes, will rise 10 per cent by the end of August, shipper StealthGas Inc said.
Shipments of coal at Newcastle port hit 9-month high

Strait Talk

New labour standard to dominate ship manning conference
LAST year, the International Shipping Federation held its annual one-day Manning and Training Conference in London in October, so that its representatives could return hot foot from Geneva with the latest on the negotiations on the International Labour Organisation 'Super Convention'.

Port Shots

Port Shots
A petroleum products tanker was detained on Monday at the Bangladesh port of Chittagong following a collision with a bulk carrier on July 12, an official from the Chittagong Port Authority said.

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HK's box throughput in June up 3.8pc Cosco's HK throughput plunges 28pc in June Fangcheng inaugurates container service to Japan Port of Guangzhou defines its jurisdiction area Sino-Mongolian Takesheken Pass to be expanded Jardine Shipping sees bright prospects on the horizon for India shipping market Report reveals economic impact of Port of Oakland Cargo throughput at HKIA up 3.6pc in June Plastic planes set to rule sky AirBridge to operate new cargo terminal at Russian airport

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Shipping cos may be given more time to meet ONGC's upgraded OSV needs Exporters urge govt to intervene in US review of dumping duty on shrimp MMTC wheat tender attracts 4 bids Deadline for import of maize, mustard oil extended Israel assures CIAe of duty-free import of Indian apparel Decks cleared for Vallarpadam ICTT Paradip Port aims to double cargo handling capacity by 2011-12 Baalu dedicates gigantic 300-t. gantry crane to nation at CSL MbPT, JNPT to enforce insurance rules for ships in August Baalu reviews CoPT's projects W. India shipyard bags Rs 7-cr. order S. K. Patra in-charge of Nalco's port facilities Finance Ministry rules out sparing dedicated railway freight corridors SPV from service tax CST rate may dip to 3 pc from Oct. 1 Assocham calls for import duty hike on electronic items

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JULY 18, 2006
CEO Clasper leaves BAA Visakhapatnam Port Trust planning two more berths Beirut airport closed Kombiverkehr expanding national services K+N wins Sony warehousing and distribution contract Mineta urges relaxation of restrictions on foreign investment in US airlines ESG to fit GSM-R to freight locomotives Fresh Opportunities Congress 2006 in Munich - book now!

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JULY 18, 2006
Pirates release tanker crew Panama to vote on Canal plan Foss buys Constellation Nordic American makes it ten US not asking for crew lists from foreign ports

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JULY 18, 2006
TSB releases video of sunk B.C. Ferry Celebrity orders third Solstice class cruise ship

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EU seeks to extend territorial powers BRUSSELS is aiming to push through changes to the Law of the Sea this year - enabling the European Union to act in waters beyond national jurisdiction, said maritime commissioner Joe Borg. Chang praises revival of Red Ensign as he receives CBE EVERGREEN Group chairman Chang Yung-fa paid tribute to the quality of British shipping when he was appointed an honorary Commander of the British Empire this week, writes Janet Porter. Gulf Navigation revisits delayed $250m IPO despite market upheavals Ambitious Dubai-based tanker outfit Gulf Navigation has reinstated its $250m initial public offering after a brief hiccup in the process, writes Tony Gray. Second vessel prepares to evacuate Lebanon refugees AS THE first seaborne evacuees to flee Lebanon arrived in Cyprus yesterday a second ship was waiting to leave Beirut. Rush to increase war risk cover CHARTERERS are moving to add an extra layer of protection as the Middle East conflict intensifies, writes James Brewer.

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JULY 18, 2006
Solbes admits EC probe MADRID 18 July ' The sale of Spain's former Izar shipyards went ahead today without the privatisation of engine maker Manises, following fresh European Commission (EC) concern over hidden state subsidies, Pedro Solbes, Spain's Minister of Finance has admitted Bad timing for new export terminal CAR exports from Brazil have fallen owing to the strong local currency, while terminal capacity at the main car export port, Santos, has jumped by more than 60% DPW US asset sale proceeds DUBAI Ports World is progressing plans to sell its US assets, and financial advisor Deutsche Bank is said to have sent financial packages to 'dozens' of potential buyers New Spanish yard owners announced SPAIN'S state industrial holdings company today authorised the sale of the former Izar shipyards at Gijon, Seville and Bilbao to new owners Celebrity brand revamp continues US-based Celebrity Cruises has ordered its third post-Panamax vessel at Germany's Meyer Werft, as part of a company-wide revitalisation programme Cockett Marine founder dies THE shipping industry was today mourning the death of Neil Cockett, who will be remembered as one of the first modern bunker brokers Chevron signs with Sovcomflot Canada ships residents out of Lebanon India enforces new port entry rules Tanker offloads after all-clear Time running out for Safmarine Agulhas Bangla arrests bulkers for 'damaged goods' Oil spill hits Savannah River, port US sending cruise ships to aid evacuation

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JULY 18, 2006
Port Everglades to develop master plan The South Florida port retains an engineering and planning consultant to prepare a comprehensive five-year master plan for operations. ICC urges G8 Doha progress Shareholders approve Goldman's acquisition of ABP Senate readies waterways vote Savannah River reopened Indictments in latest 'magic pipe' vessel pollution case DP World's Bilkey dies Foss Maritime acquires Constellation Tug Evergreen's Chang awarded CBE Etihad sets New York route Intermodal aids J.B. Hunt net Emirates orders 10 freighters

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JULY 18, 2006
East Med turmoil keeps lines on tenterhooks The two related military actions in Israel and Lebanon have prompted an International Maritime Organisation notice to raise Eastern Med shipping ISPS security levels, while lines are 'watching very carefully'. OOCL fears rates may fall in spite of higher costs OOCL Chairman CC Tung said yesterday that even though a surge in bunker prices has pushed up the cost of liner services freight rates may still fall. Canada introduces criminal background checks at seaports Spain's Dragados buys into Brazil's Sao Francisco do Sul UPDATED: Military risk sees diversions from Beirut until further notice Maut to be extended to two Hamburg main roads Malaysian forwarders increase FCL and LCL charges EC butter ban to hit NZ exports RCL revamps Gulf feeder services Inchon 1H throughput climbs 26% Port Everglades master plan revision to target infrastructure Date set for Panama Canal referendum Dr Chang 'humbled' by award

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JULY 18, 2006
Clipper invests in Spain Despite worker protests, three Spanish state-owned Izar shipyards are set to be sold to private interests including the Clipper Group. Ships collide in Piraeus Fuel oil spilled as bulker and container vessel come together outside Greece's main port. Cruiseship panic Steering problems on a brand-new cruiseship are being blamed for a sudden severe list that injured a number of passengers 'severely or critically'. Syrian loadings normal Conflict between Israel and Lebanese militia not impairing crude loading in Banias. Gulf Nav IPO still on Bookrunner Shuaa Capital says Gulf Navigation's public offering a bit late but very much alive. Celebrity hat trick Royal Caribbean orders a third Solstice class cruise ship at Meyer Werft but finds the price tag is 9% higher. NSCSA logs another profit gain Saudi VLCC and chemical carrier owner posts 16% jump in first-half earnings. Cruise illness Infinity Norovirus outbreaks continue ad nauseam as Celebrity's 90,228-gt Infinity the latest to suffer. Keppel cleans out Singaport Singapore yard group offloads 50% stake in waste oil management company. Formosa in large VLCC order? Report in Taiwan indicates Formosa Plastics could order up to eight units at Japanese yard. New yard on cards in Brazil Government seeks bidders to build repair facility near Santos to maintain huge new Petrobras fleet. Panama makes date with destiny Referendum on huge Panama Canal expansion set for October after government approves $5.25bn plan. TMM buys AHTS Mexican owner pays $30.7m to buy anchor handler newbuilding from Singapore's CH Offshore. Ierapetra departs Beirut Greek cruise ship chartered by the French lifts first load of evacuees from Lebanon. Workers in watery protest Yard staff at Spain's Astilleros de Sevilla throw themselves in river in demonstation against privatisation. Vroon orders at Jinling Dutch shipowner confirms order for a pair of 1,100-teu containerships at Chinese shipyard. NYK teams with EDF Japanese shipowner wins five-year charter contract to haul coal from French power company.

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JULY 18, 2006
Singapore issues block exemption order NYK signs charter contract with EDF Trading Maersk sells Salamis Leif Höegh's operating profit up 17% Wallenius Wilhelmsen doubles frequency of Middle East service GoAir orders 10 A320s, Airbus details new A350 Extra Wide Body family Korean Air starts Seoul/Miami service Former FMCSA chief Sandberg becomes consultant U-Freight China promotes Dai to VP, corporate accounts Sale process accelerates for DP World's U.S. port business Bilkey, prominent DP World shipping executive, dies Groups urge water resources bill passage Panama Assembly approves Canal expansion plan Port of Los Angeles' box volume up 15% in June Jacksonville Port Authority promotes Cabrera

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JULY 18, 2006
Danish maritime education recrutes in Sweden Danish shipping is expanding and shipowners are searching high and low for Danish seafarers to man the growing fleet, at ... Clipper orders twelve handysizes Daniish/Bahamian Clipper Group continues its ambitious expansion program and has ordered twelve 30,000-DWT double hull bulk carriers fron ... Aker Yards to build container carrier quartet for Arctic operations Aker Yard's German shipyards are to build four container carriers for the Russian mining company Norils Nickel, with an option ...

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JULY 18, 2006
Piraeus: Collision causes bunker spill Damages caused by collision between two vessels leads to bunker spill from one of them. Durban suppliers withdraw from spot market Durban's bunker market hit by product drought half-way through shutdown at country's biggest refinery. ExxonMobil redefines marine lube service offer ExxonMobil Marine Lubricants is in the process of redefining the standard offer for its International Marine Lubricants customers. ARA market opens soft on lower crude prices Vessel sinks off coast of Keelung port Vessel was carrying 27 tonnes of fuel oil, small spill reported. OPEC official admits cartel is 'powerless' to lower prices Oil prices are lifted by Middle East violence, not by shortage of supplies in the market, says OPEC delegate. Shanghai rolls out second stage trials of fuel oil forwards The Shanghai Petroleum Exchange has started its second phase of trials for fuel oil forwards trading ahead of offical launch. Singapore ex-wharf bunker premium hits low 380 cst ex-wharf bunker premium sank to a five-month low on Friday amid mediocre end-user demand.