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| DECEMBER 2, 2003 |
Shipping News
- UN-mandated patrol of Malacca Straits urged
SECURITY in the Straits of Malacca and Singapore - now among the most dangerous waterways in the world - needs to be 'internationalised' under a United Nations umbrella, if the ongoing piracy problem is to be stemmed, says a senior tanker industry executive.
- Australia wants Kuwait assurance on tainted sheep
AUSTRALIA will not export 70,000 sheep fed illegal pork by animal activists unless they clear veterinary checks and Kuwait provides a written assurance it will allow the animals to be unloaded, the government said yesterday.
- MOL to order 30 bulkers
MITSUI OSK Lines , Japan's second-largest shipping company, said it will order 30 bulk carriers to be built between 2004 and the first half of 2007, as demand for raw materials for steel production rises in Asia.
Air and Land Transport
- Qantas unveils Jetstar for cut-price war with Virgin
AUSTRALIAN flag carrier Qantas announced yesterday its new budget airline, named Jetstar, will take off in May in a challenge to upstart airline Virgin Blue, which has grabbed 28 per cent of the domestic market since it was launched in 2000.
- SAESL completes overhaul of 100th Trent engine
- Carrier, Australia Post eye freight venture
- 5 air safety breaches under new rules: Canberra
- Six major US airlines expect robust growth in 2004
- Myanmar carrier to launch flights to HK, India
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Features
- Small rescue outpost with worldwide reach
THE infamous cruise ship Achille Lauro catches fire off Africa.
Bulletin Board
- Bulletin Board
EFTHIMIOS Mitropoulos has been confirmed as the new International Maritime Organisation Secretary-General.
Port Shots
- Daewoo wins US$586m orders
SOUTH Korea's Daewoo Shipbuilding and Marine Engineering Co said yesterday it had secured orders for seven vessels worth US$586 million.
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| DECEMBER 2, 2003 |
- Dow Chemical sues shippers over bid-rigging, conspiracy
- Unite call to Canadian ports
- K Line, China Shipping Group form joint venture
- TGAX Logistics granted China NVOCC licence
- Efthimios Mitropoulos to be new IMO secretary-general
- US Customs chief praises New Zealand's security efforts
- Korea to offer new incentives to foreign shippers
- China Southern, Air France sign codeshare agreement
- Garuda profits expected to dive by 80 per cent this year
- Qantas hopes for green light on Shanghai-London route
- Air cargo conference to examine forecast trends
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| DECEMBER 2, 2003 |
- Surging freight rates perk up shipping industry
- US still major buyer of value-added marine products
- JNP loads Thermax’s biggest heavy lift export cargo at SB-3
- Latvia Deputy PM visits Mumbai Port
- CoPT withdraws incentive scheme for port users with retrospective effect
- Vizag Port sets national record by tippling 334 rakes in 29 days
- Making EDI work in India
- Amingaon ICD begins receiving imports in rakes
- Virgin Atlantic may operate flights to Hyderabad, Bangalore & Mumbai
- Wagon shortage affects soyameal exports
- Forex reserves swelled to $ 93,663 million
- 23 FDI proposals cleared by Jaswant
- Indo-German trade grows on weak rupee
- Karnataka to set up bank for weavers
- ECGC settles guarantee claims worth Rs 31.10 cr.
- Rs 250-cr. worth biotech park at Pune planned
- Govt prepays $ 1.4 bn loans to WB, ADB
- India will become major world economic power in a decade: Jaswant Singh
- IT units in special zones seek service tax cut
- Cement, steel sectors growth of over 6 pc in Oct.
- Karnataka’s proposal for coastal SEZ gets govt approval
- Fieo buyer-seller meet in S. Africa from Jan. 13 to 21
- Cuban Minister seeks Indian investments
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| DECEMBER 1, 2003 |
- US markets: Post holiday round-up
- ARA markets plunge with crude and barges
- Still business as usual in Falmouth
It looks like Fuel and Marine Marketing Ltd. (FAMM) will continue to supply ships calling at the southern UK deep water port of Falmouth for another couple of weeks based on the amount of product still left in the oil tank space operated by local supplier and terminal operator Falmouth Oil Services (FOS).
- Gibraltar IFOs keep falling
- Little support expected for change of OPEC price band
The Venezuelan proposal has received a fair amount of attention after OPEC chose to ignore its so-called price-band mechanism in recent months, a mechanism which is based on the current price band.
- Istanbul bears still in evidence as holidays end
- Great Belt buyers hold back
- Oil prices fall as OPEC hints at no quota change
Oil prices fell sharply today as funds led the way in a selling spree bases on early indications that OPEC has no plans to cut production quotas again at their December 4th meeting.
- Rotterdam opens soft
- Dover presents detailed study of shipping SO2 emissions - Part 2
A detailed study of local air quality and its sources for Dover District Council leaves no doubt that the port of Dover's busy ferry activity is the main contributor to local concentration of SO2. The study also used model scenarios to asses how the introduction of lower sulphur fuel used by all the ferries, or abatement technology used on a portion of the ferries, would affect SO2 concentrations.
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| DECEMBER 1, 2003 |
- Exel Germany appoints new divisional head
- CSX World Terminals and Jacksonville Port Authority sign agreement
- Swiss WorldCargo’s Zurich/Frankfurt/Brussels offices Cargo 2000-certified
- Yellow-Roadway to go forward
- Usco Logistics manages warehousing for Hard Rock Café
- Menlo launches PLM
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| DECEMBER 1, 2003 |
- Marcus Petterson wanted "Thjelvar"
- UK competition authority oppose P&O - Stena ferry transfer
- Umoe to built five FPBs
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| DECEMBER 1, 2003 |
- MOL announces massive bulker expansion
Will add 30 ships to meet growing need for ore transportation
- New job for Kvaerner Masa chief
Jorma Eloranta to move to Metso
- New line-up at IMO
Mitropoulos to take pesronal charge of flag-state clean-up effort
- Liberia issues first ISPS security audit certificate
Says fleet on course to meet ISPS deadline
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| DECEMBER 1, 2003 |
- Port of Bellingham partners with expanding wood oven firm
- Steel imports head down during month of October
- Portland Airport noise team slates December 4, meeting
- Alaska/Seattle make mark on MarAd cruise industry report
- Washington State Ferries floats new wider range RFP
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| DECEMBER 2, 2003 |
- MOL launches $900m capesize newbuild plan
The world’s largest capesize operator has set its sights, amid the Asian iron ore frenzy, on even greater bulk glory, with a stunning 30-ship newbuild battleplan.
- Daewoo in hold back coup
DAEWOO Shipbuilding and Marine Engineering’s deliberate tactic to hold back plenty of 2006 berths while its competitors were cramming in orders earlier this year is paying off, with seven ship orders announced yesterday for a total price of $586m, writes Sam Chambers in Shanghai.
- Owners suffer ‘document harassment’ off Singapore
SHIPOWNERS claim ships sailing in Singapore waters have been stopped by officials, allegedly from neighbouring states, demanding the vessels’ documents which will be returned only at a price.
- Bond helps Frontline to restructure
Frontline is to raise $580m through a high-yield bond as a key step in the group’s plans to split into two companies, one focused on ownership and the other on operations and chartering.
- Nominate the best for a Lloyd’s List Award
NOMINATIONS are now open to all our readers for your choice to honour outstanding achievement in shipping over the past year in the prestigious Lloyd’s List Awards 2004.
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| DECEMBER 1, 2003 |
- Rift opens at IMO over oil types
A potentially dangerous rift opened at the IMO today as international disagreement over the technical definition of oil types overshadowed make-or-break discussions on the banning of single-hull tankers carrying heavy fuel oil
- Kapitan Koziar leakage repaired
AN OBO vessel that was denied entry to New York harbour last month was repaired over the weekend and will sail into New York after a final survey by the US Coast Guard
- Scandlines full of eastern promise
DANISH-German ferry operator Scandlines is upgrading its service between Rostock and Helsinki as part of its strategy of expanding eastwards within the Baltic Sea
- Vervat discusses Hanno future
ROTTERDAM container stevedore Hans Vervat is locked in talks with Hutchison Port Holdings-owned ECT regarding the future of his company Hanno/Uniport
- Numbers mount in DR Congo tragedy
SOME 120 bodies have been pulled from Lake Mayi Ndombe, DR Congo, after a ferry went down in rough weather last Thursday
- P&I club rides freak wave research
OWNERS’ chances of defending cargo claims after their ships encountered freak waves of over 30m in height appear brighter as a result of recent research and publicity
- French pollution law threatens flag
- Bush to repeal steel tariffs
- Fumes halt Namibia dredging project
- Boost for Israeli reefer trade
- PSA wins approval for restructure
- MOL adds to massive Capesize order
- Eloranta to leave Kværner Masa
- Ofer denies Zim sale rumours
- Samsung agrees wage hike
- Cosco profits from bulk rate rise
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| DECEMBER 1, 2003 |
- Delays for NVO e-bill of lading
Glitches stall release of Customs' special bill of lading for NVO-shipped containers.
- Boxship volume to grow by 10%
Capacity of global fleet forecast to increase to 9 million TEUs by 2007, according to broker.
- Hapag Lloyd profit soars
Earnings nearly triple in third quarter as sharp rise in volumes, rates offset higher fuel prices and weaker dollar.
- Higher rates for U.S. exports to Asia
- Express carriers lobby China on postal law
- UPS Store expects record holiday shipping
- Quarterly rate hikes for India-Europe
- Malaysia port opens Thai rail service
- China Airlines to ship second satellite
- London Stansted to expand: Report
- U.S. signs global rail security pact
- Express carriers, USPS gear up for peak season
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| DECEMBER 1, 2003 |
- CP Ships says PONL deal is a zero sum game
CP Ships CEO Ray Miles told analysts last week that he wants an ‘all-or-nothing’ deal for P&O Nedlloyd, tacitly admitting his company’s interest in the Anglo/Dutch company for the first time.
- Port CEO sees Canada's West Coast as China's gateway to North America
Canada's West Coast could become ‘the central hub for China's burgeoning trade with North America,’ but British Columbia (BC) ports must co-ordinate.
- Hatsu sets its cap at Asia-Europe
- Dedicated PTP - Haadyai boxtrain service begins
- Teesport boxtrain a Christmas bonus
- Jinghang Canal's first feeder service swings into operation
- New company to promote German intermodal transport
- Shipping Federation of Canada names new president
- Seattle Port approves 2004 budget
- Hapag-Lloyd shipping riding high
- V Ships warns of approaching ISPS deadline
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| DECEMBER 1, 2003 |
- Stelmar takes first of eleven newbuilds
New York-listed company on way to becoming largest owner of modern panamax tankers.
- Carnival declares dividend
Company announces exchange rate for UK shareholders.
- Marine insurer changes hands
Brown & Brown picks up Energy and Marine Underwriters.
- China Shipping pays FMC $1.85m
Carrier agrees to settlement over service contract allegations.
- Scrap buyers trawl for tonnage
India talks tough on new rules but players are scraping the barrel in their search for ships.
- No takers for Zim?
Local papers say Idan Ofer thinking of selling up Israel Corp interests.
- Frontline to raise cash for new subsidiary
John Fredriksen pushes ahead with tanker giant carve up.
- Masa Yards boss moves to Metso
Yard chief Jorma Eloranta poached for takeover and big project experience.
- Golar LNG profits shift up a gear
John Fredriksen’s gas shipping venture eyes up where to put its cash next.
- Daewoo confirms newbuilding deals
Korean yard tops $2bn order target for 2003 with contracts for seven ships.
- Bosporus delays bump up tanker rates
Russian oil giant Transneft cuts pumping to Novorossiisk as tanks fill.
- MOL details big bulker plans
Japanese giant lays bare its capesize strategy.
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| DECEMBER 1, 2003 |
- Carriers raise westbound transpacific rates
- British shippers, consumers urge U.K. government to end conference immunity
- Hyundai Merchant Marine continues profit recovery
- Mitsui O.S.K. orders 30 dry bulk ships to meet Asian cargo boom
- Maersk Sealand introduces more powerful reefer containers
- Census to conduct annual retail trade survey
- Railroad infrastructure bill arrives in Senate
- RailAmerica completes Michigan acquisition
- Bonner praises New Zealand Customs for security measures
- FMC reviews 8 OTI applications, revokes 14 licenses
- Vancouver, B.C. aspires to become "central hub" for China's trade with North America
- Cranes arrive as Suez Canal container terminal prepares opening
- Baltimore Coast Guard port captain to hold security meeting
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