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Georgia Ports eyes Asia trade
AIMING for a larger slice of Asia's growing all-water container trade to the US east coast, the Georgia Ports Authority is embarking on a US$1.2 million upgrade to accommodate a 10-12 per cent year-on-year growth in South-east Asia volumes via the Suez Canal.
EU charges sea transport firms with running cartel
EU regulators said on Wednesday they had charged several sea transport companies with running a cartel for shipping bulk liquids on ocean routes.
Nantong Port plans IPO to fund expansion
NANTONG Port Co, partly owned by investment firm PYI Corp Ltd, is planning a stock market listing, possibly in Hong Kong, in the next two to three years to help fund its capacity expansion, its chairman said yesterday.

Admiralty Casebook

Court rejects vessel owner's appeal
THE Singapore Court of Appeal has upheld a High Court decision last year in which a vessel owner was made to account for describing its vessel's tanks as 'epoxy coated' although the tanks were not adequately coated.

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Shipping News

Georgia Ports eyes Asia trade
AIMING for a larger slice of Asia's growing all-water container trade to the US east coast, the Georgia Ports Authority is embarking on a US$1.2 million upgrade to accommodate a 10-12 per cent year-on-year growth in South-east Asia volumes via the Suez Canal.
EU charges sea transport firms with running cartel
EU regulators said on Wednesday they had charged several sea transport companies with running a cartel for shipping bulk liquids on ocean routes.
Nantong Port plans IPO to fund expansion
NANTONG Port Co, partly owned by investment firm PYI Corp Ltd, is planning a stock market listing, possibly in Hong Kong, in the next two to three years to help fund its capacity expansion, its chairman said yesterday.

Admiralty Casebook

Court rejects vessel owner's appeal
THE Singapore Court of Appeal has upheld a High Court decision last year in which a vessel owner was made to account for describing its vessel's tanks as 'epoxy coated' although the tanks were not adequately coated.

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CSCL profit drops 76pc on rising oil, currency and falling rates NOL handles more boxes but revenue drops on higher costs, lower rates Maersk's MECL2 service starts calling at Port of Savannah OOCL appoints Black Sea agents ahead of June service Kuehne + Nagel to provide Celestica lead logistics supply chain solutions DHL bolsters global trade products with advisory services International demand for air freight continues to fall Sydney Airport's new-look Terminal 2 opens FedEx Express to buy Flying-Cargo Hungary

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Asia bulk freight rates soar to 28-month high Allcargo Global Logistics handles 1st LCL consol box ex-ICD-Dashrath Singapore sets the stage for Asian voice in shipping Pak agrees to share Iran gas with India Pak wheat to be imported US Congresswoman calls for closer economic links JNP ranks 28th Chennai Port posts all-time high cargo throughput Kakinada's old port records impressive traffic in 2006-07 Rlys on a roll with 16.48 pc more revenue Unprecedented growth in goods and transport business projected Uneven growth of CFSs around JN Port BoA to clear 19 SEZ proposals on May 9 Orissa lines up slew of projects for development via PPP route

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APRIL 12, 2007
TNT: new member of supervisory board Hamburg Süd holds naming ceremony for the "Bahia Castillo" in Korea Bentheimer Eisenbahn extends Coevorden terminal FedEx Express acquires service provider in Hungary

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APRIL 12, 2007
Somali pirates release hijacked vessels Aker signs Eur180m ferry deal MSC back in Busan UK P&I looks for continued LNG record

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APRIL 12, 2007
Navy cancels Littoral Combat Ship 3 Canada to renew Coast Guard fleet Dubai consolidates shipyard operations

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APRIL 12, 2007
Port of Portland Commission Oks move to PDX headquarters Port of Bellingham takes lead in environmental cleanup projects Hamburg Sud christens new container vessel Longview Port Commissioners call for applications to fill Larson post Transport services index falls during month of February

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Rescue underway as anchor handler sinks off Shetland A MAJOR search and rescue operation was taking place off Shetland on Thursday night after a Norwegian anchor handling tug with 15 crew on board capsized during a routine manoeuvre Groups unite to push for more British seafarer jobs CHAMBER of Shipping, RMT and Nautilus UK join hands to lobby for more British seafarer jobs. Brazil plots grand return to shipbuilders top table PRESIDENT Luiz Inacio Lula da Silva says country must take big steps to make up for lost ground.

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APRIL 12, 2007
Lawyer Kuznicky heads Pan Canal DANI Kuzniecky is to replace Ricaurte Vasquez as president of the Panama Canal Authority's board of directors Maltese ship awaiting tow to Shannon THE 3,427-gt Maltese-registered chemical tanker West Sailor remains off Ireland's west coast following a fire in the engine room on Tuesday HBOS to sell £200M Red Funnel THE 146-year-old UK ferry operator Red Funnel is reported to have been put up for sale by its present owner, Edinburgh-based bank HBOS CP class action dismissed THE long-running shareholder class-action suit alleging financial improprieties by former CP Ships executives has been dismissed Higher opex dampens KG returns Icebreaker evacuees reach shore Transneft to bypass Belarus Ferry 'hit or swamped yacht Ouzo' Dubai repairers form new structure Sea Diamond rescue plan 'overruled' Box maker Singamas hit by delays Singapore strait 'not piracy hot spot' 241 evacuated from blazing icebreaker

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APRIL 12, 2007
Testing may delay TWIC past deadline Enrollment for the Transportation Worker Identification Credential will not begin until testing is complete, TSA chief tells senators. Another ship order for Danaos Filing rules at issue for importers, Customs CN locks out strikers at Vancouver terminals Customs adds C-TPAT benefit Matson forms 3PL unit Rail freight drops in April Seaspan orders four boxships UPS to build Shanghai hub Americas leads Lufthansa cargo Coast Guard probes Calif. grounding of bulk carrier

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APRIL 12, 2007
"Maritime environment" implementation of TWIC highlighted as challenge Implementation in the "maritime environment" of the US Transportation Worker Identification Credential has been identified as a "challenge" to the TWIC timetable which is mandated by US law. Busan wins MSC back from Ningbo Mediterranean Shipping Company has relocated its transhipment centre from China's Ningbo port to the Gamman Terminal in Busan, Busan Port Authority announced today. Freightliner for Australian debut? Rotating CN strikes start to fizzle APMT quells speculation over NZ terminal interest CMHI volumes driven by China, though Vietnam port to come within company's horizons Emirates Shipping, TS Line extend co-operation to East African route WTO sees slowing world economy in 2007, but trade growth to remain above GDP

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APRIL 12, 2007
Moving target Analyst puts a number to Danaos' new charter deals and says New York-listed owner's share price should be heading north. Herning considers its options Danish firm appoints Pricewaterhouse to look at ownership structure as family founder nears 80. Breakaway bulker refloated Spar vessel freed and helped back to refinery after busting free from moorings and grounding in river near San Francisco. Seaspan reels in CSAV US-listed company signs for four panamax vessels at Jiangsu on the back of new partnership with Chileans. Chandris charter for BP Greek tanker owner fixes VLCC newbuilding out to oil major BP for three years trading. More bad news at Lindo Spectre of closure looms over Maersk-Moller yard again as it posts another loss and misses productivity targets. McClure leaves Navios CFO seat Senior management to be based at dry-bulk owner's Greek office as George Achniotis gets the nod. Out of Africa Samsungs picks up drillship order as unidentified European owner contracts at Mipo for chemical carriers. Real commitment from Transpetro Brazilian owner puts its money where its mouth is by finally inking nine-tanker order at domestic yard. Tallink makes it a trio Estonian ferry operator adds to order tally at Aker Yards with deal for third Galaxy-class ship. Pac Basin adds a pair Hong Kong handysize bulker owner has gone to Jiangmen Nanyang Ship Engineering for more ships.

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APRIL 12, 2007
EC issues cartel charges against bulk liquid shipping companies Seaspan orders four 4,250-TEU ships to charter to new customer CSAV SvitzerWijsmuller rebranding to Svitzer MSC returns to Busan OOCL names Black Sea agents ahead of new service Yasui head of "K" Line Bulk Shipping (UK) Cathay, Dragonair cargo down 2% in March Secure Freight Initiative begins limited container exams Allen Group opens Dallas logistics hub Mason takes over as head of DP World's U.K. terminals Dunkirk's cargo up 1% in 1st quarter

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APRIL 12, 2007
EC charges Stolt-Nielsen, Odfjell and Jo Tankers The European Commission (EC) has formally charged Stolt-Nielsen, Odfjell and Jo Tankers with price fixing. Strictly speaking the charges has ... More applicants for maritime training in Norway Growing interest in maritime training is apparent in most parts of Norway and reflects efforts made by Maritimt Forum and ... Wilh. Wilhelmsen takes share in Eidsiva Wilh. Wilhelmsen (WW) has secured a 21.5 per cent share in car carrier and ro-ro owner Eidsiva for NOK 95.6 ...

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APRIL 12, 2007
Marine Bunkering takes on temporary staff Greeks battle cruise ship bunker spill Efforts ongoing to stem fuel leak from cruise ship which sank near Santorini. Rotterdam market remains tight Singapore: Stocks of residual fuels up Stocks of middle distillates fall to 7-week low. Horizon Terminal expands capacity Oil terminal adds capacity to meet Singapore's booming physical oil trade market. Hong Kong 180 cst supplies run 'dry' Traders find it difficult to quote for bunker fuel stems above 500 mt.