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Shipping News

Simpson Marine gets five yachts worth 6m euros
THE bounty runs aplenty on the high seas, with Simpson Marine, Asia's largest yacht dealership, taking delivery of five new luxury yachts in Singapore this week.

Strait Talk

Staying safe in a perilous workplace
LOOKING out across the terminals at Tanjung Pagar and Brani - as you can from several points in VivoCity - you see lines of containerships. They give the impression of efficient industrial plants that happen to be floating rather rooted on dry land. Probably, most people looking at these ships would not think about what sailing on them would be like. But for those that do, the prominent bright orange enclosed lifeboats would give the impression of a safety-conscious industry.

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Shipping News

Simpson Marine gets five yachts worth 6m euros
THE bounty runs aplenty on the high seas, with Simpson Marine, Asia's largest yacht dealership, taking delivery of five new luxury yachts in Singapore this week.

Strait Talk

Staying safe in a perilous workplace
LOOKING out across the terminals at Tanjung Pagar and Brani - as you can from several points in VivoCity - you see lines of containerships. They give the impression of efficient industrial plants that happen to be floating rather rooted on dry land. Probably, most people looking at these ships would not think about what sailing on them would be like. But for those that do, the prominent bright orange enclosed lifeboats would give the impression of a safety-conscious industry.

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Zim back in black with US$37 million third quarter profit Mum Maersk denies it 'signed' for ten 18,000-TEU ships Germanischer Lloyd sees Malaccamax 18,000-TEUers on the way Zhejiang's first river container terminal starts operation Latest Somali pirate attacks foiled by crew safe rooms Qinzhou trade value to ASEAN rises 24pc in 10 months Southeast China's Fujian province builds inland port Second Sino-Viet railway section expects last spike in February Cochin Port continues to offer concessions on ship fees Kuwait's municipal clearance of 'spoilt' meat upsets PM Nigeria busts another FEU from Iran - this time it's heroin US-Cuba trade declines as Castro warms to Hugo Chavez Insure throughout, rather than discrete items, says broker HK Airport first half profit soars 50pc on surging traffic Cabin pressure fault forces Cathay 747 to land in Kazakhstan Beijing Tianzhu Free Trade Port centre to open soon Indian air cargo expects to double growth after downturn

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GE Shipping inks deal to buy product tanker Sennebogen 830M comes to India Vasan calls for developing human resources in maritime sector Trade with China set to cross $ 120 bn by 2012 Competitive tariff, efficiency vital for survival of Indian ports-Mohandas DP World Chairman & Chief Executive meet President Pratibha Patil KPT 2nd in medals tally at All-India Major Ports Table Tennis tourney Shanghai port acquires 25 pc stake in Zeebrugge port CONCOR hopeful of tea shipment meeting last fiscal's level Customs officials explain need for proper filing of refund claims Buoyant trend prompts govt to raise textile export target by 9 pc India EU making all efforts to resolve differences over FTA No decision on export of sugar under OGL $ may become world's weakest currency Fieo, BIMTECH ink MoU to train export professionals Taxpayers have to quote DIN now Yuan not to be included in IMF's SDR

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NOVEMBER 29, 2010
Norbert Dentressangle acquires British TDG The French transport and logistics service provider Norbert Dentressangle has signed an agreement with Douglas Bay Capital plc to acquire 100% of the shares of Laxey Logistics Ltd,... Iberia and British Airways shareholders approve merger The shareholders of Iberia and British Airways voted to approve the merger of the two companies yesterday (29 November). Special GSMs were held on Monday morning in Madri... Azkar obtains Lógica certification The Spanish transport and logistics service provider Azkar has been awarded Lógica certification. The company is thus compliant with the standards that Logica has established in it... Kita Lojistik opens branch office in Iraq The Turkish logistics company Kita Lojistik has reacted to increasing demand from its customers in the construction, energy, mineral oil and natural gas industries by opening its o... Ilyushin cargo plane crash near Karachi kills at least twelve An Ilyushin 76TD cargo plane crashed near Karachi-Jinnah international airport (KHI, Pakistan) on 28 November. All eight crew members were killed. The airplane was operating a flig... Finnlines expanding TransRussiaExpress (TRE) capacity The shipping company Finnlines has expanded its ro-pax liner service TransRussiaExpress to three departures per week with effect from 26 November. The line's 'Translubeca' (1,750 l... Port of Hamburg bids farewell to economic crisis Hafen Hamburg Marketing, the port of Hamburg's marketing company, recently reported that Germany's largest port has said farewell to the recent economic crisis. The port ... Agreement between CMA CGM and Yildirim CMA CGM, the world's third largest container shipping company, recently said that a final agreement has been reached between CMA CGM shareholders and the Turkey-based Yildidrim Gro...

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NOVEMBER 30, 2010
Coast Guard awards contract for fourth National Security Cutter Tightening labor market ahead for shipping? Eidesvik doubles up on Kleven PSV order

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NOVEMBER 30, 2010
Coast Guard recognizes Foss for voluntary exam completion Maersk Line to begin cargo data declaration fee Insurance club names winner of top specialist bulk port award Trade between NAFTA partners up during month of September Coast Guard relieves port captain following administrative review

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NOVEMBER 30, 2010
Industry faces crisis in officer recruitment BIMCO-ISF manpower update officer shortage may hit 11% in 2015 Manila clampdown may hit officer recruitment Seafarers in short supply UK removes officers from jobs shortage list Eastern ports are first out of the box Drewry box terminal report finds Asian and Middle Eastern ports achieve more... Container port automation 'slow and... Al-Shabaab link jeopardises piracy ransoms Exclusive Analysis warns of increasing likelihood that link exists between gangs and... Owners left with little alternative but to... Box lines' 2010 earnings could reach record $13bn Carriers on track for most profitable year ever after 2009 losses Winter squeeze to continue to hit box sector

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NOVEMBER 30, 2010
CMA CGM signals yard changes CMA CGM chairman Jacques Saadé has given notice that his group is ready to order vessels from Chinese yards at the expense of their South Korean rivals Oman, Red Sea, Med linked OMAN SHIPPING plans a box service linking Oman with ports on the Red Sea and Mediterranean Smuggling bid frozen SECURITY officers at Igoumenitsa's ferry terminal caught 20 migrants cold as they were being smuggled into Greece Class societies sign deal TWO CLASS societies have signed an offshore co-operation deal Cruising drunk weighs anchor IN A STUNNING safety lapse, an intoxicated passenger singlehandedly deployed the anchor of a 55,819gt cruise ship ' while it was under way Saadé admires China's 'dynamism' CMA CGM chairman Jacques Saad' today called on the EU to follow China's lead by boosting support for its maritime industries RCL said to form Japanese JV THAI BOX operator RCL has formed a joint venture with Japan's Kambara Kisen, Fairplay was told today Napolitano raps 100% scanning Drybulk leads scrapping rise Capacity/supply balance seen Wintermar refuses to blink Truck strike hits Cochin port Cold Europe warms Gazprom Ordnance disrupts LNG project Pluto LNG timetable slips

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NOVEMBER 30, 2010
Citigroup Lobbyist to Head Airline Group Vancouver Truckers Protest Low Pay Panama Canal Authority's Aleman on Canal's Projects, Future Black Sea Collision Leaves Five Sailors Missing Singapore Airlines Guilty in Cargo Price-Fixing US Senate Passes Food Safety Bill Diesel Price Slips to $3.162 per Gallon Truck Strike Halts Cargo at Cochin Consumer Confidence Index Hits 5-Month High NAFTA Trade Rose 19.3 Percent in September Lufthansa Cargo Eyes Six Additional Freighters Court Approves JAL Rehabilitation FMC to Focus on Containers, Contracting, Capacity Trucking Groups Sue to Delay CSA 2010 Alphaliner Projects $13 Billion in Carrier Profits

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NOVEMBER 30, 2010
Cargo growth still on track Hooghly river stricken boxship could disrupt Kolkata port movements Black Friday sales boom China/ASEAN sees overcrowding and drop in rates after FTA Vancouver container truckers stage demonstration

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NOVEMBER 30, 2010
IRISL under heavy fire in US Shipping firms in the Isle of Man land in US Treasury's crosshairs as it steps up action against Iran's nuclear agenda. SK Shipping pens VLGC order Diversified South Korean owner puts finishing touches on $70m newbuilding contract forged with familiar friend. Officer shortage eases A review of the labour market by shipowner associations Bimco and ISF claims that the shortage of officers is easing. Greek tanker avoids seizure Pirates fail in boarding attempt of Aeolos Management's aframax Kythira deep in Somali Basin. I-Shipcom takes on gas pair Mysterious energy trader taps Asian tanker owners for one-year LPG charters. Losses grow for Lithuanian Shipping State-controlled cargoship owner sees deficit more than double in first nine months. Exxon Valdez curse strikes again A Cosco VLOC involved in a smash off Shandong has a more famous blot on its CV. Ingosstrakh finally pays out Russian insurer hands over money for 2008 engine repairs on Ukrainian cargoship. Eidesvik squeezes CGG deal French geophysical firm indulges in three-year option for Norwegian seismic vessel. Box recovery packs a punch Knock-out third quarter numbers will catapult container lines to record full-year profits after rocky 2009, Alphaliner says. Big John keeps spending John Fredriksen's Seadrill adds yet another jack-up after $180m deal with Petrojack bondholders. Bulker in Red Sea scare Hong Kong-owned Kuniang comes under attack from pirates north of Bab el Mandeb strait. Forland switches offshore focus Norwegian owner to sell seismic ships and invest in subsea construction sector. Taiwan Nav lower in first nine Big drop in revenue brings bulker owner down following higher level of disposals. Eidesvik banks Kleven PSV Oslo-listed owner firms up option for new platform supply vessel at Norwegian yard. Newbuild price perk for Seadrill John Fredriksen-led driller notes unique opportunity to buy newbuildings but it's less cheery about Pride investment. Zvezda building oil skimmers Russian far east shipyard keeps busy ahead of expansion under USC/Daewoo partnership. Bulkers damaged in Chinese clash Cosco VLOC and Iranian supramax suffer "severe" damage in collision off Shandong. Bass ferries to stay on Tasmanian government admits defeat in bid to replace two Spirit of Tasmania ships by 2014. Torpedo barge goes aground US vessel carrying munitions refloated after breaking free from tug off Florida. Greece orders ferry crews back Unions could defy emergency order to end week-long strike over wages at Piraeus. Five missing after ship sinks Collision with tanker in Black Sea sends Syria's Karam I to the bottom, with five crew unaccounted for. Oh makes Samho yard switch HHI president to become CEO of Korean shipbuilder's subsidiary shipyard, replacing MS Hwang. BWO back in the black FPSO player returns to profit in the third quarter on higher revenue and BMG project payout. ABS and CCS cosy up US and Chinese classification societies agree new cooperation deal with focus on offshore. ACM banks on recovery Johnny Plumbe-led London shipbroker braced for dry-bulk 'volatility' before upswing as profit stable. Alam Maritim downgraded Malaysian analyst cuts domestic offshore vessel operator to hold after disappointing third quarter. Drunk drops cruiseship clanger California man charged after releasing anchor on Ryndam while it was cruising off Mexico.

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NOVEMBER 30, 2010
Maersk adjusts Asia/Mexico services Somali pirates hold 22 ships DHL, Emirates partner on e-freight promotion Calio to lead Air Transport Association U.S.-flag October laker volumes up 8.5% AIAG offers supply chain 'best practices' guide Two C-TPAT conferences scheduled for 2011 Industry presses for trade program extension 2010 hurricane season spares U.S. ports Barge refloated near Port Canaveral Interior charts Atlantic Coast wind farms

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NOVEMBER 30, 2010
Pirates fail in attempt to board ships Over the last couple of days, three vessels have reportedly managed to ward off pirates in the Indian Ocean by using anti-boarding methods such as evasive manoeuvres. On November Eidesvik declares PSV option Earlier this year, Eidesvik Offshore signed a contract with Kleven Maritime for the delivery of a PSV (Platform Supply Vessel), with an option on a further unit. This option has Record profits for container shipping lines If last year's third quarter reports from the container shipping lines were much of a disappointment with red figures and shrinking volumes, the Q3 reports for 2010 are quite the

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NOVEMBER 30, 2010
Seminar to focus on US spill legislation Assessing lessons learned from recent incidents and discussing future challenges. Debunkering highlights low sulphur fuel quality risks WWL recently had to debunker fuel for the first time in five years and is concerned about impact of regulations on fuel availability and quality as well as cost. Bunker prices rise in Fujairah as Suez remains stable "Demand has been picking up in the last few days in the Suez canal", a trader tells Bunkerworld. Russian fuel oil exports down month-on-month Product being moved by rail as river navigation season ends. European bunker markets firm Suppliers in Gibraltar able to accommodate prompt requirements after barge congestion eases. Supplier 'unhappy' with bunker margins Piraeus prices have been 'very competitive'. Strike ends in Greek port Bunker deliveries were not affected by strikes in the port. TNK-BP to open Geneva office Russian oil company will trade crude oil and oil products. Upswing in Asian bunker prices Higher prices 'discouraged' enquiries in Singapore and Tokyo Bay, traders say. Bunker supplier keen to expand in Hambantota Sri Lanka Shipping Company awaiting SLPA's response to its bunker proposal. Vessels detained for illegal bunkering Two ships discovered transferring marine fuel without permission in Malaysia Tuesday morning, officials say. Andatee chief purchases company's shares As part of a share repurchase plan approved by the company's board of directors last month. Industry split over the future of slow steaming Sustainable Shipping readers cast their votes on whether slowing down should become a regulatory requirement, with interesting results.