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Shipping News

S'pore shipping group voices objection to Panama toll hikes
THE 300-member Singapore Shipping Association has added its voice to the growing chorus of industry criticism of the Pamama Canal Authority's 'unreasonable' transit fee hikes as it prepares for the canal's ambitious US$5.25 billion expansion.
TNT opens regional life sciences hub here
TNT Express, a global provider of express delivery services, logistics supply chain solutions and mail services, opened yesterday its largest life sciences regional distribution centre in the world.
US body seeks uniform fuel emission standards
A US shipping association is seeking nationwide uniformity for marine fuel standards to avoid unnecessary headaches for ship owners who have to meet different state emission requirements.
Hamburg opts for IPO over investor for stake sale
PetroChina to build LNG import terminal
Nippon Oil's new LNG terminal to boost sales

Strait Talk

HIV/Aids and the seafarer
ANYBODY who can recollect the shipping scene prior to containerisation would, on hearing that the International Transport Workers' Federation has launched a free publication on HIV/Aids, probably assume seafarers were the ITF's principal target group.

web site

Shipping News

S'pore shipping group voices objection to Panama toll hikes
THE 300-member Singapore Shipping Association has added its voice to the growing chorus of industry criticism of the Pamama Canal Authority's 'unreasonable' transit fee hikes as it prepares for the canal's ambitious US$5.25 billion expansion.
TNT opens regional life sciences hub here
TNT Express, a global provider of express delivery services, logistics supply chain solutions and mail services, opened yesterday its largest life sciences regional distribution centre in the world.
US body seeks uniform fuel emission standards
A US shipping association is seeking nationwide uniformity for marine fuel standards to avoid unnecessary headaches for ship owners who have to meet different state emission requirements.
Hamburg opts for IPO over investor for stake sale
PetroChina to build LNG import terminal
Nippon Oil's new LNG terminal to boost sales

Strait Talk

HIV/Aids and the seafarer
ANYBODY who can recollect the shipping scene prior to containerisation would, on hearing that the International Transport Workers' Federation has launched a free publication on HIV/Aids, probably assume seafarers were the ITF's principal target group.

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Danaos takes delivery of containership for Yang Ming Waigaoqiao Bonded Logistics Park business takes off Port of Oakland handles 5pc more containers in 2006 KTMB to invest US$2.8m into Padang Besar container yard Cargo tram in Amsterdam sets out to enhance air quality US grain farmers use containers to profit from Asian trade imbalance Terminal 2 opens in Hong Kong for airfreight Global airfreight up by 3pc in January, Asia to lead: IATA MASkargo says growth at Penang base will fall from 2006 high

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SCI CMD spells out vessel acquisition plan GM soya oil import order to continue till Dec. KoPT seeks liberalised overall tender norm to facilitate capital dredging Chennai Port enters select Club of 50 m+ tonnes Multi-level facility to park cars for export on ChPT's agenda GDL pays rich dividends! CWC's Nashik RWC to be operationalised this month-end Rail Board goes ahead with spadework for Rs 30,000-cr. freight corridor Govt estimates IWT cargo transport at 14.12 bn tonne km by 2025 Nagpur cargo hub receives 1st international air carrier Notification on India-UAE tax treaty soon M&As deal value doubles in just 2 months! Clearance for Rs 113-cr. road projects No Doha round deadline for livelihood concerns-Nath

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MARCH 14, 2007
Senator Lines launches new Europe-South America service Volga-Dnepr buys Boeing B747-8Fs Rail Baltica memorandum signed Röhlig reports successful business year 2006

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MARCH 14, 2007
Odfjell to go European Aker to sell off Aker Yards holding MOL holds safety courses Wreck convention "not foregone conclusion"

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MARCH 14, 2007
Washington State Ferries sends KLICKITAT to early drydock Panama Canal Authority taps legal firm for expansion project BNSF projects during 2006 responsible for jobs, facilities growth Port of Olympia names Jeff Lincoln engineering director Coast Guard investigating missing Merchant Marine files

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MARCH 14, 2007
Aker to offload stake in Aker Yards NORWEGIAN industrial tycoon Kjell Inge Røkke is to say goodbye to his Aker Yards business. Aker and DOF end search for vessel finance Fincantieri pulls off coup OCEANIA Cruises and Silversea pick Italian shipbuilder for orders worth more than $1bn. Ladyman blasts UK register owners BRITAIN'S shipping minister brands owners on the UK Ship Register "international capitalists" who "hold a gun" to seafarers' heads.

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MARCH 14, 2007
Dutch police investigate collision DUTCH police are investigating the cause of the collision of the Grimaldi Naples container/ro-ro vessel Repubblica de Venezia and bulk carrier New Venturer 1 Celtic Link dispute in limbo THE dispute involving the ro-pax Celtic Link has remained in limbo after the ship's owner removed ITF inspector Tommy Molloy from the vessel Germany ramps up training capacity GERMANY'S nautical colleges will raise the number of places by 50% this year with financial support from the country's ship owners Rotterdam tightens inland safety Malacca protection fund proposed BC Ferries to raise $170M Aker to sell out of Yards MOL focuses on safety training Cruising to accelerate European shift Cruising sharpens demographic focus First-time cruisers flagging Ezra seeks overseas listing Cuban cruises could hit Caribbean

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MARCH 14, 2007
Senate approves 9/11 anti-terror bill But bill still faces differences with House version over provisions for radiation scanning of containers at foreign ports, inspection of air-cargo shipments. Panama reviewing reaction to proposed toll increases U.S., Vietnam to sign sea pact U.S. attracted more foreign investment in 2006 Index of transportation services fell in January Bush boosts free trade on Latin America visit CSAV Norasia to run Asia Black Sea service Hamburg opts for stevedore IPO, scraps private sale Jaxport begins work on new TraPac terminal Hanjin sets Greece-Israel Express Lakes ore shipments down

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MARCH 14, 2007
Fesco share issue brings in new capital, but IPO still on the cards A share issue of 25% of the share capital of Russia's Fesco ' which is developing as a vertically-integrated transport conglomerate ' has brought in new capital but will emphatically not replace the mooted IPO. Malaysian plan for regional load centre challenged by free marketeers with competitor port Malaysia's Sabah state government has formally challenged a plan to designate Bintulu Port as a regional load centre for East Malaysia, saying this could undermine state plans for other ports. Privatise all port services, urge Bangladesh business players Will port investment momentum continue? Suggested star rating for ports sparks debate Seven investors selected for Gwangyang hinterland Phase II-1 Long-term charter is still the story, with shorter-term market almost in balance

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MARCH 14, 2007
Panamax corks Orinoco An NYK panamax is lying crossways of the Orinoco River amid renewed complaints about Venezuela's maintenance of the channel. Grimaldi orders conro series Naples-based Grimaldi is spending $430m in Korea to build five car carriers with ro-ro cargo and container capacity. Star fixes more newbuilds Oslo-listed Star Reefers is taking four newbuildings on long-term charter, pumping up its orderbook to eight units. Congestion emergency Australia is reintroducing 'capacity balancing' at coal ports in hopes of trimming this year's expected $360m demurrage bill. Fincantieri confirms Italian shipbuilder Fincantieri confirms TradeWinds' reports yesterday of orders by Silversea and Oceania. Wartsila winning in 2007 Finnish ship engine maker's order intake up 19% year-on-year in first two months. Crew rescued off Greece Hellenic Coast Guard rescues 11 crew members from vessel listing in gale-force winds in Aegean Sea. Death on Irish ferry Probe begins into why elderly man died on Irish Ferries vessel shortly after having been in police custody. Handy buy for Great Eastern Indian tanker and bulker owner remains silent on identity of 1997-built bulk carrier purchase. Japan holds 16 ships Evergreen and Janfield vessels detained over oily water separators during February. Color Line profits down Olav Nils Sunde's Color Line only made $28m before taxes last year. Bulk boom boosts Goldenport Greek owner's annual profit grows on back of vibrant dry-bulk market in second half of the year. FR8 splits from Projector New company Navig8 snaps up three product tanker newbuilds after breaking with oil trader. Mipo mum on PCC quintet order Unidentified European owner behind $432m order for five pure car-carriers at Korea's Hyundai Mipo. ITF to blitz ferries Unions' week of action in Europe in June targets Irish Sea, UK-France and Baltic services. Odfjell keeps options open Tanker owner paves the way for move from Norway by plotting transformation into European joint stock (SE) company. Goldenport, Glencore in dry order Joint-venture between Greek owner and commodities trader signs for supramax pair at China's Jiangsu Eastern. Maersk to win tax reprieve Danish government to water down new rules that forced shipping giant to consider moving head office functions abroad. BC Ferries agrees on 11% Canadian ferry workers sign up for pay rises with nine-year contract. Excel's profits decline Higher costs and no ship disposals pull down results at US-listed panamax and handymax owner. Admiralty plans second yard Russian shipbuilder plots expansion in bid to win more domestic business. Ezra eyes spin-off Singapore offshore firm looking to Europe for separate listing for FPSO and construction arm. Aker quits Aker Yards End of an era as parent group decides to sell its 40% holding in expanding global shipbuilder. Safari slims down Maersk Line slashes port calls and beefs up the tonnage on its Asia ' South Africa network.

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MARCH 14, 2007
Hanjin entering China/East Med trade with alliance partners MOL conducts in-house safe ship operation sessions Genco enters into a time charter with STX Panocean Seaboard's chairman Bresky dead at 81 DHL introduces new service from Mexico Cathay's cargo volumes off to slow start CURE brings rail shippers to press Congress on rail issues Twinlode receives patent for triple pallet system C-TPAT deadline for customs brokers extended Israel prepared to join CSI program Georgia, South Carolina joint port plan may face hurdles Shenzhen terminal investment underscores Chinese port development TOC Conference yields potential solutions to port capacity problems Imports boost Long Beach box volume BHP pushes back California LNG plant start-up date Savi signs deal with Hong Kong terminal operator MTL Long Beach port promotes Kanter to environmental chief Yangtze conference to highlight port development of key China river

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MARCH 14, 2007
Aker sells complete shareholding in Aker Yards Aker has decided to sell its complete shareholding of 40.1 per cent of the shares in Aker Yards to Norwegian ... Norwegian cruise traffic threatened by NOx fee The new, Norwegian NOx fee could cost around NOK 1,200 per cruise passenger and loose Norway 25 per cent of ... Second Grimaldi ro-ro in accident When it rains, it pours and 8'10 March were accident prone days for Grimaldi Lines. Om 8 March, the ...

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MARCH 14, 2007
Engine makers 'ready to tackle' new rules Industry association responding to new EPA rules for diesel engine emission standards. Ships 'should pay' to use Malacca Strait Japanese aid donor suggesting toll to raise $40 million a year to improve navigation and safety. Bunker project takes another step forward Work on new Sri Lankan bunker hub to start within three months. Salvage of Guimaras undersea oil begins Undersea salvage operations aim to retrieve more than 1,000 mt of fuel oil. ARA market firms Wednesday morning Universal Terminal close to capacity Singapore's Universal Terminal 80% committed, nine months before completion. Singapore: February bunker sales up 18.3% February bunker sales highest for over a year. Pakistan holds off 380 cst imports, for now Pakistan's biggest bunker supplier says it may still be possible to secure 380 cst imports 'within this year.'