International Shipping News & Insights for Profitable Shipping - 31 July 2010
NewsMarketsMagazinesArchiveFree TrialAdvertiseMaritime Information CentreContactRSS
You are not logged in Login

Daily Fairplay News 08 May 2008

Containers should be weighed, says GL

CONTAINERS must be weighed if the problem of lost boxes is to be solved, believes Jan-Olaf Probst, vice president in Germanischer Lloyd’s newbuilding division. Speaking to dinner guests in London yesterday, he presented initial findings from a joint industry project that had been prompted by four incidents in the Bay of Biscay in February 2006 in which boxes had been lost overboard and showed dramatic pictures of how container stacks can move in even moderate sea conditions. Asked what his recommendation was, he said that boxes should be loaded exactly in accordance with the stowage plan and that owners would make better plans if they had better information about box weights. And for that, he said, the boxes need to be weighed. If airports can weigh luggage, he suggested, ports sghould be able to weigh containers. He also urged that container design should be improved. “It’s still a stupid small box”, he said, adding that even slight damage could weaken them and cause boxes at the bottom of a stack to collapse. Worn corners castings were also a problem, he said, allowing twistlocks to fail. “The box is the limit, not the ship”, he concluded.
TUI staves off Fredriksen attack
TUI chief executive Michael Frenzel came out as winner in yesterday’s showdown with John Fredriksen at one of the most spectacular AGMs in German post-war history. ...Full Story
Commission drops case against Odfjell
THE EC has closed the file in the chemical parcel tanker freight rate fixing case, and will not issue fines against Odfjell. ...Full Story
Wah Kwong listing likely in July
WAH Kwong Shipping, Hong Kong’s bulk and tanker shipping enterprise, has begun pre-marketing activities for its $200M-$300M initial public offering. ...Full Story
Owners bemoan unfair tax
AN unpopular tax is causing discontent in the Vietnamese shipping community. ...Full Story
Korean yards downplay delays
KOREAN shipbuilding sources have ruled out a significant impact on newbuilding orders due to delays in securing bank guarantees by new yards. ...Full Story