BRIEFS

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Shipping News

A return of cautious optimism
THE global recovery has been much stronger than most pundits expected.

Strait Talk

Challenges await shipping in 2011
THE shipping industry faces a labour supply under threat, piracy without a visible end in sight, new construction of doubtful quality, turbulent markets, unilateralism and protectionism, 'beancounteritis', unlimited liability and, overall, an obvious lack of leadership. At least that is the view of Clay Maitland, chairman of the North American Marine Environment Protection Association and managing partner of International Registries, the administrator of the Marshall Islands shipping register.

Shipping Times

Bangkok airport train link opens check-in services
Travellers in Bangkok can now check in their luggage when boarding the city's train-to-the-plane for flights on certain Thai airlines, with most carriers opting out of the service for now.

web site

Shipping News

A return of cautious optimism
THE global recovery has been much stronger than most pundits expected.

Strait Talk

Challenges await shipping in 2011
THE shipping industry faces a labour supply under threat, piracy without a visible end in sight, new construction of doubtful quality, turbulent markets, unilateralism and protectionism, 'beancounteritis', unlimited liability and, overall, an obvious lack of leadership. At least that is the view of Clay Maitland, chairman of the North American Marine Environment Protection Association and managing partner of International Registries, the administrator of the Marshall Islands shipping register.

Shipping Times

Bangkok airport train link opens check-in services
Travellers in Bangkok can now check in their luggage when boarding the city's train-to-the-plane for flights on certain Thai airlines, with most carriers opting out of the service for now.

web site

Shipping News

A return of cautious optimism
THE global recovery has been much stronger than most pundits expected.

Strait Talk

Challenges await shipping in 2011
THE shipping industry faces a labour supply under threat, piracy without a visible end in sight, new construction of doubtful quality, turbulent markets, unilateralism and protectionism, 'beancounteritis', unlimited liability and, overall, an obvious lack of leadership. At least that is the view of Clay Maitland, chairman of the North American Marine Environment Protection Association and managing partner of International Registries, the administrator of the Marshall Islands shipping register.

Shipping Times

Bangkok airport train link opens check-in services
Travellers in Bangkok can now check in their luggage when boarding the city's train-to-the-plane for flights on certain Thai airlines, with most carriers opting out of the service for now.

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Hutchison buys 53.4pc of Yantian terminal from China Resources Maersk delays EU customs manifest fee from January 1 to 15 China Navigation orders eight 2,082-TEU multipurpose ships Xiamen completes yearly volume target ahead of schedule CTSA retains 7pc currency surcharge through February Near bankrupts redeemed as carriers add 14pc capacity in 2010 NOL chief executive Ron Widdows sells 27pc of his NOL stock New customs IT system cripples air cargo in Mumbai Aircastle delivers two 747-400 to Airbridge and Asiana Volga-Dnepr flies stage equipment from France to Senegal

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GAC expands UK network with new office at Sheffield Biometric security system introduced in VPT Different agencies involved in clearing onion consignment GMB to give priority to shipbuilding parks at Dahej, Bhavnagar Orissa draws up plan for offering rail, road connectivity to proposed port sites Port sector in Gujarat sails ahead in 2010-11 CEPA raises India, S. Korea trade by 45 pc Export earnings up by 26.5 pc in Nov. Exports to touch $ 220 billion, says Fieo chief FIPB clears FDI proposals worth 23,700 cr. in 2010 Gold prices to reach $1,630 Indian M&As in 2011 may surpass 2010 record of $ 71 bn Mills told to register for sugar exports under OGL No move to impose duty on power equipment import US pat for Indian stand against trade with Iran CAI names new office-bearers Challenging years ahead for global economy Sudhir Chandra is new CBDT Chairman

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JANUARY 3, 2011
Paul Leimgruber finishes uniting branches in Basel region The Swiss transport and logistics company Paul Leimgruber, headquartered in Pratteln near Basel, has finished merging its branches in the Basel region. With effect from the beginni... FedEx acquires Mexican express operator Multipack The US express service provider FedEx recently acquired Servicios Nacionales Mupa, SA de CV (Multipack), a Mexican domestic express package delivery company. Founded in 1939, Multi... Adani Group kicks off new port project The Adani Group Mundra Port and Special Economic Zone Ltd (MPSEZL) has signed a sub-concession agreement with Hazira Port Pvt Ltd and the Gujarat Maritime Board, the Indian st... CMA CGM: 100th giant of the seas to call at Le Havre The CMA CGM group's flagship and the world's largest French-flagged containership, the "CMA CGM Christophe Colomb" recently became the 100th vessel of more than 10,000 te... APM Terminals: safer and fewer injuries APM Terminals made a significant improvement in its safety performance in 2010, both in port and terminal operations, and with the newly merged inland services businesses, the resu... New Ethiopian Airlines manager in Germany Ethiopian Airlines appointed Henock Lemma Nigatu as its new representative for Germany and Central Europe at the beginning of November 2010. Nigatu succeeded Esayas Woldemariam Hai...

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JANUARY 4, 2011
Port of Seattle begins centennial celebration Southeast Freight Lines opens new logistics solutions subsidiary Tacoma Propeller Club schedules spaghetti event Corps extending closure of The Dalles navigation lock General Dynamics nets deal for Littoral Compat Ship work

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JANUARY 4, 2011
Secondhand sales at three-year high Volume surges to 1,260 ships changing hands as spending in 2010 rises 48% to $23.4bn Pacific spot rates dip as Australian floods disrupt cargo supply Floods ravaging Australia's state of Queensland are causing freight rates to continue dropping as large dry bulk carriers wait for the country's coal export industry to get back on its feet and create cargoes once again Box giants tighten grip on share of global market Largest lines boosted capacity by 14% in 2010 Maersk hits back as market share falls Boxship giant vows to protect its market share as rivals MSC and CMA CGM edge closer DryShips books more drillship deals Secures contracts worth $590m with Petrobras and Cairn Energy US sanctions against Moallem unlikely to hinder IRISL Washington orders the freezing of the Iranian marine insurance provider's US assets Release of impounded IRISL boxships 'imminent' Iranian owner says it has repaid outstanding money for three ships held in Singapore Deadline set for Istanbul Deniz Otobusleri bids Deadline to buy ferry operator fixed for end of March Israeli government to hold talks with striking dock workers Talks aimed at settling all-out strike at the country's three main ports of Haifa, Ashdod and Eilat U-Sea Bulk weighing up merger option Dry bulk operator mulls merger with main shareholder's bulk division, Ultrabulk Ciner Shipping to receive first handysize Bulk carrier is the first of eight vessels being built for the Turkish owner at South Korean yards this year The year of the seafarer or the pirate? Why do naval policies encourage piracy, instead of preventing it? Who will fill the lending gap if China cannot do it Cash is still king as banks continue to wield power over shipowners Shell is favourite to win Cyprus gas contract Energy major tipped to win 20-year contract to supply Cyprus with gas Japanese giants seek growth opportunities NYK, MOL and K Line cautious on recovery but seek new business growth strategies Great Eastern Shipping in bonds sale The bonds worth $22.2m have a coupon rate of 9.7% Parcel tanker owners condemn costly and inefficient regime Vetting is done at the shipowner's expense, without any feedback if no contract is signed Oil majors get tough on ship vetting An overall tightening of standards is on the way as the impact of the Deepwater Horizon cascades through the industry Oil majors' crew demands put squeeze on qualified masters Tankers operators are struggling to meet Intertanko experience matrix for senior staff Shipping cases that made the news in 2010 From a halt to the appeal process in the Wadi Sudr case to decisions on laytime and time charters, there have been a number of far-reaching decisions this year Chemoil seals OceanConnect deal Buys Ocean Connect's marine fuel business for $25m Aiming at a soft target International Group of P&I Clubs raises concerns for seafarers over Venezuela's new Organic Drugs Law Insurance sector pays the lion's share of UK financial services' corporation tax Contribution marks a substantial increase on 2007 Wider piracy risk area will raise premiums As London's Joint War Committee expands the area off the coast of Somalia which is deemed to be of high risk of piracy, it could become too expensive to send ships through this area Opportunity knocks in Brazil Shipping industry should pay close attention to emerging South American giant IMO newbuild emissions controls tightened Any ship ordered from January 1 needs to have reduced NOx emissions Class NK publishes guidelines for corrosion resistant steel Guidelines come ahead of new IMO rules on crude oil tanker cargo tanks When heart and head must work in harmony For ITF inspector Jose Manuel Ortega the human touch is a vital attribute when dealing with crews in hardship K Line eyes solid boxship sector growth Carrier aims to beef-up competitiveness of its containership division Peering into the future shows gradual shift in focus The next 10 years in mature economies will witness a deep re-examination of values, as well as a shift in the world towards events in Asia and away from the West

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JANUARY 4, 2011
Old Dominion Executive John B. Yowell Dies UPS Expands Healthcare Network Norfolk Southern Loads Record Coal Tonnage Union Pacific Sells Coos Bay Line to Port US Steel Imports Dropped in November Super-Size Ships Challenge Capacity Balance, Report Says Highway Group Supports Rules Amendment ABF Freight Expands Service to Dominican Republic STB Rejects 'Double-Dipping' Claim against BNSF US Factory Orders Grow 0.7 Percent, Beat Forecasts MOL Boosts Outlook for 2011 NYK President Sees Vessel Capacity Outstripping Demand Cathay Cargo Goes Paperless In Hong Kong DOT Stimulus Payouts Reach $24.6 Billion ILA, NY-NJ Maintenance Contractors Avert Strike Top Ocean Carriers' Capacity Swelled 14 Percent in 2010 Large Truckload Carriers Keeping Capacity Tight

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JANUARY 4, 2011
Israeli ports on strike HPH strengthens its southern China port stakes NYK's Kudo warns of widening imbalance Fuel duty and VAT hike hit UK truckers where it hurts Safmarine views Middle East region a priority

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JANUARY 4, 2011
Odfjell plots new US terminal Oslo-listed company to splash $37m on new Charleston facility following hunt for Rotterdam investor. DnB NOR cuts back DESSC stake Norwegian bank trims its holding in John Fredriksen-backed offshore owner Deep Sea Supply. Drilling double for Ocean Rig DryShips subsidiary secures two contracts worth a combined $240m for newbuilding and semi-submersible. GLDD scoops LW Matteson Great Lakes Dredge and Dock boosts brown water fleet with acquisition of assets controlled by US contractor. Hutchison increases HIT hold Li Ka-Shing's port group adds 10% stake in Hong Kong International Terminals. Engineer in Hudson River rescue Crewman in "stable" condition following engine room injury onboard McAllister Towing tug. MSC eats into Maersk's lead Gianluigi Aponte's MSC adds the most capacity in 2010 to gain further ground on Danish giant. Pirates in failure foursome Maersk and Claus-Peter Offen tankers join Indian and Hong Kong ships in fending off hijack attempts. A&K cruise put on ice UK operator scraps Antarctic voyage after new cruiseship suffers mechanical problems. Huaneng Power buys Time Chinese nuclear power company takes 50% stake in bulker owner Shanghai Time Shipping. Spliethoff cargoship refloated Dutch vessel inspected for damage after being aground off Finland for nearly a week. Hong Kong to follow London? Chinese territory urged to become "shipping service centre" for huge mainland market. K-Line pin-points offshore growth Offshore and LNG sectors need to pick up the slack amid fears of protracted tanker downturn, says Kenichi Kuroya. Two dead as cargoship sinks Another 15 crew missing after North Korea's Kang Bong goes down off China. Cement lighter vessel sinks Manik Mia-2 capsizes at Chittagong after unloading clinkers from Cosco bulker. NYK warns over 2011 profit President Yasumi Kudo says next year's earnings could drop as new containerships enter market. Guam Shipyard drydock sinks Floating structure partially submerged on Pacific island after taking on water. MOL eyes sprinting start Chinese Year of the Hare will see Japanese stalwart moving at faster pace, president vows. Greatship seals hat-trick Indian owner takes up an option on a construction support newbuilding at Colombo Dockyard. German bulker goes aground Blumenthal's Pollux gets stuck off Florida with a cargo of fertiliser. Bharati shipyard worker crushed Mob torches crane that killed 25-year-old colleague at Indian shipbuilder. Costa cruiseship death probed Florida police investigate drowning of crewman from Costa Atlantic at Port Everglades. Diamond orders at Hyundai US driller joins recent offshore ordering spree with deal for up to two deepwater drillships worth over $1bn.

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JANUARY 4, 2011
Japan liner leaders wary of overcapacity Report criticizes MarAd's Title XI oversight Somali pirates end 2010 with more attacks ABF offers door-delivery to Dominican Republic Obama to sign food safety bill USDA sets origin-labeling rule for honey N.Y.-N.J. employers, longshoremen in deal West Florida trade group formed

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JANUARY 4, 2011
Global container fleet grows considerably The global container ship fleet grew 9.1 per cent in 2010, according to Alphaliner statistics. On January 1, 2011, the container ship fleet comprised 4,849 units totalling 14,270,000 TEUs

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JANUARY 4, 2011
Fujairah bunker market firms Barge schedules in Fujairah reported as tight until the end of this week. Bunker prices rise in Rotterdam and Hamburg Hamburg bunker market 'very quiet'. Fuel efficiency technology 'can reduce PM emissions' STWA technology helps fuel burn 'more quickly and completely'. Global operator wants 10% cut in fuel costs NYK says coping with surplus tonnage will be harder now that 'slow steaming' is already in place. Study sees limited prospects for Arctic sea routes Despite less ice and distance savings, study predicts no major growth in trans-Arctic shipping in the coming decade. Bunker prices hit 12-month high Mixed demand at key Asian bunker hubs, traders say. Dan-Bunkering appoints MD for Monaco office Managing director is a Danish native who has been in the shipping industry for 16 years. GS Caltex invests $979 million to cut bunker fuel output Move will push up bunker prices and make South Korea bunker market less competitive, local traders say. Top box liners boost capacity by 14% in 2010 MSC, CSAV among those who made the largest addition to their operated capacity. Manufacturer ups support for marine fuel system products 2011 'pivotal' due to the imposition of regulatory datelines on boat builders, it says. Indian supplier plans expansion to three ports Set to supply 180 cSt product and MGO at the southeastern ports of Tuticorin, Karaikal and Nagapattinam. Calls to expedite cold ironing in New York cruise terminal Agreement on maintenance and operating costs still has to be reached by various government bodies.