Sunday, July 6th, 2008
Tilbury renews calls for expansion plan approval
TILBURY has publicly renewed its call for planning permission to be granted on 65 acres of development land, freeing up space for a major push towards domination of the growing southeast England ro-ro market.
Oh pledges better East-West balance
THE newly elected chairman of the International Association of Classification Societies has pledged to ?rebalance? the lack of influence from the Far East in dealings with the International Maritime Organization.
Box lines ditch Asia bunker fee
ORIENT Overseas Container Line and Cheng Lie Navigation Co (CNC Line) have suspended their plans to impose an emergency bunker surcharge on the Hong Kong/South China-Taiwan trade, which was due to start on July 1, following shippers? complaints over eight other lines announcing similar EBS plans on the same route.
NCL faces medical bill for Norway blast victims
VICTIMS of the Norway explosion have demanded tens of millions of dollars towards full restitution, and accused operator Norwegian Cruise Line of ?placing corporate profits ahead of safety?.
Port chief warns hiring freeze will hurt Genoa
GENOA port president Luigi Merlo has expressed grave concern over an announced freeze on hiring public employees, writes John McLaughlin.
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Saturday, July 5th, 2008
Gard to shell out surprise $9m bonus
SHIPOWNERS who have tonnage entered mutually in Gard P&I Club, one of the world?s top two such organisations, are to receive a total $9m ?give back?.
Security fears delay Hindustan Shipyard?s revamp again
THE financial restructuring of government-owned Hindustan Shipyard has been delayed further and referred to a group of ministers after suggestions that its expansion plans could cause national security concerns.
Charter rate surge helps Jinhui to double profits
JINHUI Shipping and Transportation, the Oslo-listed Hong Kong bulker operator, saw net profit surge 109% to $12.8m in the first quarter buoyed by soaring charter rates. Turnover climbed 49% to $54.3m.
DryShips celebrates best quarterly result to date
DRYSHIPS chief George Economou has hailed an ?exceptionally strong? first quarter for the Nasdaq-listed dry bulk company, writes Nigel Lowry in Athens.
Piraeus port raises income
IMPROVED results for the first quarter of 2007 have been unveiled by the Piraeus Port Authority, the corporation in charge of Greece?s largest port.
Langley to take new Lloyd?s role
SUE Langley, one of the most high profile personalities in the London market, is to join Lloyd?s to raise operational competitiveness and ensure a focus on North American business, which supplies 40% of revenue at Lloyd?s, writes James Brewer.
Russian tax breaks set up storage rush
DEMAND for tankers to act as floating storage units in the Black and Baltic seas is bound to pick up after the Russian government introduced tax breaks.
Business Briefing
NAMES at Lloyd?s are continuing to reap better rewards from the market than the dominant corporates, according to an analysis commissioned from ratings agency Moody?s by the Associa- tion of Lloyd?s Members.
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From Dr NE Dangoor
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Saturday, July 5th, 2008
Non - core amusement processes that strain ingredient outsourced extent from production to customer service to stiffener functions ( near being software spread ). Most companies that are outsourcing their calling operation are from Western countries and they are delegating the poke pull to outsourcing firms located offshore, especially countries located on the Eastern hemisphere, comparable since China, Philippines, India, and Malaysia.
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Saturday, July 5th, 2008
AXSMARINE CAPESIZE IRON ORE INDEX 25 Jan 2008
Rate calculations based on a 172,000 dwt capesize built 1999/daily hire $62,852.Daily Hire provided by: Arrow Chartering, Barry Rogliano Salles, Fearnleys, Socomet Chartering and Sobelnord.
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Friday, July 4th, 2008
Bush addresses US economy fears
President Bush uses his last regular State of the Union address to try to shore up US economic confidence.
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Friday, July 4th, 2008
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Thursday, July 3rd, 2008
World jack-up rig fleet set to surge
THE jack-up rig fleet is expected to surge, with shipyards to deliver another 24 units for drilling contractors in the next six months.
Somalia?s political crisis harms anti-piracy fight
TENSION among the rival political groups vying for control of Somalia has severely hampered security efforts, including initiatives to enlist foreign and private forces to patrol the coast.
News in brief
US OKs Rio Tinto buy
Owners cut ballast costs by re-routing Atlantic ships
ATLANTIC handysize and supramax shipowners are accepting delivery options outside of their usual region as owners cannot afford to ballast amid record high bunker prices, writes Jamie Dale.
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Thursday, July 3rd, 2008
Tilbury renews calls for expansion plan approval
TILBURY has publicly renewed its call for planning permission to be granted on 65 acres of development land, freeing up space for a major push towards domination of the growing southeast England ro-ro market.
Oh pledges better East-West balance
THE newly elected chairman of the International Association of Classification Societies has pledged to ?rebalance? the lack of influence from the Far East in dealings with the International Maritime Organization.
Box lines ditch Asia bunker fee
ORIENT Overseas Container Line and Cheng Lie Navigation Co (CNC Line) have suspended their plans to impose an emergency bunker surcharge on the Hong Kong/South China-Taiwan trade, which was due to start on July 1, following shippers? complaints over eight other lines announcing similar EBS plans on the same route.
NCL faces medical bill for Norway blast victims
VICTIMS of the Norway explosion have demanded tens of millions of dollars towards full restitution, and accused operator Norwegian Cruise Line of ?placing corporate profits ahead of safety?.
Port chief warns hiring freeze will hurt Genoa
GENOA port president Luigi Merlo has expressed grave concern over an announced freeze on hiring public employees, writes John McLaughlin.
Cosco Pacific eyes $4.2m from box leaseback deal
HONG Kong-listed port operator, container manufacturing and leasing company Cosco Pacific has signed a container sale and leaseback deal with the Commonwealth Bank of Australia, writes Sandra Tsui in Hong Kong.
UN lifts ban on former Liberia maritime official
THE United Nations has lifted a seven-year travel ban on US-based Liberian registry consultant Gerald Cooper, who has been linked to disgraced ex-Liberian president Charles Taylor.
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Thursday, July 3rd, 2008
Air purifiers come in a wide variety of different makes and models. These makes and models include whole house or building air purifiers and individual room air purifiers. Essentially, this means that no matter how large or small your commercial space is, you should be able to find an air purifier that will work for you and your business.
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Wednesday, July 2nd, 2008
Oil pushes ever higher
Price of litre of petrol tops 1 for first time in UK as oil surges on a North Sea storm. By Graeme Wearden.
Dollar hits 26-year low against pound
The pound climbed to $2.10 for the first time since 1981 today, boosted by speculation that China was preparing to shift its foreign reserves out of dollars. By Graeme Wearden.
US gloom weighs on FTSE
Market report: London shares resumed their downward trek today, knocked by volatile oil prices, a tumbling dollar, jitters around banks and more anxieties on Wall Street. By Katie Allen.
Virgin Media hails growth ‘turnaround’
Virgin Media signals that era of upheaval marked by public rows with BSkyB is behind it as the cable TV company posts strongest customer growth in more than a year. By Katie Allen and Chris Tryhorn.
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