 | web site |
| MARCH 2, 2004 |
Shipping News
- EC takes action on new ship safety laws
THE European Commission will begin infringement action against 12 of its 15 member states for failing to adopt new ship safety legislation, created in the wake of the Erika disaster.
- RCL full-year profit rises 39%, depressed by weak US dollar
BOOSTED by a pick-up in the global and regional economies, Thai-listed Regional Container Lines enjoyed record liftings for 2003, but ultimately saw a 39 per cent rise in net profit, reversed by strengthening regional currencies against the US dollar.
- Samudera's profit plunges 32% on higher costs
SINGAPORE-listed regional carrier Samudera Shipping's FY2003 net profit fell 32 per cent, hit by skyrocketing charter rates and higher costs that offset rate restorations.
- S'pore-flagged tanker blast: hope of finding survivors dims
RESCUERS hold out little hope of finding any more survivors of the Singapore-flagged tanker Bow Mariner that exploded and sank off the US coast Saturday evening, leaving three confirmed dead and 18 missing from a crew of 27.
Air and Land Transport
- US plans to put inspectors at foreign airports
THE US Homeland Security Department is planning to station American inspectors in foreign airports to screen passengers, the Wall Street Journal reported yesterday.
- Alitalia may scale back planned job cuts
- Air China takes 20% stake in Shandong Airlines
- HK airport to manage China's Zhuhai airport: report
- Exel's net income in 2003 falls 12%
- Cars to aero engines - a century of innovation
Bulletin Board
- Bulletin Board
Maritime training company Videotel Marine International has appointed Bill O'Neil, former general secretary of the International Maritime Organisation , as its new president.
|
 | web site |
| MARCH 2, 2004 |
- Calls for HK to promote economic development of PRD
- AADA to increase rates starting April
- Cosco unit lists on Singapore Exchange
- Traffic moves sea freight work to Rotterdam from Moerdijk
- Hellmann appoints new branch manager
- DHL offer Shanghai TDD
- Malaysia Airlines, Pemco sign aircraft-conversion deal
- James Packer joins Qantas board as non-executive director
- Singapore Airlines seeks health care from Boeing
|
 | web site |
| MARCH 1, 2004 |
- Iraq starts oil exports through second oil port
Frustrated with limited export capacity due to repeated sabotage on its northern pipeline, Iraq has been keen to boost crude oil exports by other means.
- Singapore: SPC to buy BP refinery stake
Singapore Petroleum Company announced today that it has entered a conditional agreement with BP Singapore to buy BP's one-third stake in Singapore Refining Company Pte. Ltd. Sources in the market were not able to comment conclusively on how today's announcement may impact SPC's and BP's bunker sales in Singapore.
- Gibraltar markets continues bullish
- Middle Eastern input could make mega bunker port reality
Reports today from Malaysia said that the construction of a purpose-built bunkering zone in the port of Tanjung Pelepas in Johor was closer to becoming a reality.
- Vancouver study reveals high costs of ship pollution
New study on proliferation of sulphur emissions from ships causes stir in Canadian press
- Rotterdam firmer following crude gains
|
 | web site |
| MARCH 1, 2004 |
- Odessa 210: Two oceans, seven seas and four gulfs
- Inconso wins logistics contract from Tchibo
- U.S. Customs suspends roll out of new shipper definition
- Pagnan starts warehousing at Mantova riverport
- Union Pacific runs trains on BNSF Track
- Polar Air sets sights on Asia
- Norasia with new 8 day Hamburg/New York container service
- TNT Logistics: New marketing Manager for Germany
|
 | web site |
| MARCH 1, 2004 |
- Graig to extend size range of ships built in Vietnam
The U.K., based Graig Group is to developing series production of a range of bulkers at Vinashin yards
- Icebreaker maintenance work for Todd Pacific
USG's Polar Star and Polar Sea
- U.S. and EU ink marine equipment agreement
Should cut out unnecessary testing
- Question marks over Kvaerner Philadelphia
It won't be part of proposed new Aker Yards
- Tank cleaning suspect in chemical tanker explosion
Vessel carried MTBE prior to ethanol cargo
- New Orleans avails restricted to 'two or three' suppliers
The knock-on effect of last week's backlog of vessels waiting to enter New Orleans from the US Gulf continued to impede upon normal bunker activity today, players in the region said.
|
 | web site |
| MARCH 1, 2004 |
- Port of Portland sets record for one month auto imports
- Maritime park envisioned for Lake Union in Seattle
- Coast Guard rescues man following six hours in ocean
- Washington governor inspects Port Angeles Harbor clean-up
- First Ship Leasing charters out pair of vessels
|
 | web site |
| MARCH 2, 2004 |
- Hopes fade for survivors as Bow Mariner sinks
HOPES of finding any survivors from the chemical parcel tanker Bow Mariner , which exploded and sank on Saturday off the US coast, have faded, and the US Coast Guard stood down its rescue services yesterday.
- Coast guard finds Superferry 14 blaze is unlikely to be act of terrorism
AN INITIAL report from the Philippine Coast Guard yesterday cast doubt on terrorist group Abu Sayyaf’s claim that it had bombed and gutted the Superferry 14.
- Aker Kvaerner plans three-way split to boost earnings and manage its debts
AKER Kvaerner confirmed yesterday plans to split into three, separating shipbuilding from oil and gas and construction and leaving "non-core" activities to a new holding company.
|
 | web site |
| MARCH 1, 2004 |
- Indian breakers plead for state help
ALANG, one of the world's major shipbreaking sites, is facing a bleak future as a result of the Indian government's decision last week to cut in duty for steel imports to 15%
- BHP Billiton signs major ore deal
MINING giant BHP Billiton has reached a deal with Chinese steel mills to sell a massive 12M tonnes of Australian iron ore a year over the next 25 years
- Dutch look to the Caribbean again
HOLLAND Maas Shipping is the second Dutch line in as many weeks to start a service to the Caribbean
- Golar sets sights on profits
GOLAR LNG, the London based LNG carrier, has reported a 46% rise in profits last year, and the board says it forecasts a further increase this year
- P&O Ferries and Stena try again
P&O Ferries and Stena Line have come to a £50M ($93.5M) arrangement that will see the transfer of the Fleetwood-Larne freight route together with five ships
- Irish Ferries dispute deadline set
A DEADLINE of 11 March has been set for reaching an agreement over manning levels on Irish Ferries
- Asians seek Karachi Eight release
- Boxship charters begin to stabilise
- Market unimpressed by Frontline
- Superferry: 186 reported missing
- Aker Kværner split details revealed
- Superferry: terrorist claim denied
- Lloyd Werft suppliers go under
- Royal Olympic declared insolvent
- SNCM paralysed by Corsican strike
- HK laws to be 'user friendly'
|
 | web site |
| MARCH 1, 2004 |
- Terminals set wireless ID for trucks
Under pressure from increasing box volumes and new anti-pollution laws, operators look to radio frequency identification tags to track every truck calling at West Coast marine terminals.
- Senate may drop foreign sales tax breaks
- EU sanctions hit U.S. exports
- U.S. profit in ’05, says Deutsche Post chief
- Hong Kong, Shenzhen set logistics upgrades
- Hamburg Süd, Maersk in N. Europe-Turkey service
- UPS denies bid to cut Airbus order
- Union Pacific won’t meet 1Q estimate
- Second-half boosts Exel results
- CaroTrans adds South Africa service
- Norfolk Southern expands bulk network
|
 | web site |
| MARCH 1, 2004 |
- Berlin reinstates Toll Collect after consortium agrees compensation
The German government has made a surprise decision to reinstate the Toll Collect consortium’s contract for the truck-toll, which will finally start, as planned, at the beginning of 2005.
- Huge breakbulk contract returns to containers
Australian minerals and metals producer Pasminco (soon to be renamed Zinifex) is switching a large proportion of its half-million tonnes-per-year output from breakbulk back to containers.
- Port of Houston delays Bayport construction
- All change in the Med for partnerships
- Seaways Shipping ties up with Rethmann Group
- New services drive Tauranga growth
- Industry celebrates DHS successes on its first anniversary
- Coscon charters five Costamare boxships
|
 | web site |
| MARCH 1, 2004 |
- 'We did everything in our power...'
Coast Guard calls off Bow Mariner search with 18 missing, presumed dead.
- Todd snares Coast Guard work
Seattle-based yard could reap $50m under maintenance contract.
- OMI breaks the ice
US owner takes first products newbuilding in Hyundai Mipo series.
- Chavez threats rattle US crude market
Cutoff in Venezuelan supply might not end happily for tanker owners.
- Bow Mariner spill clean-up begins
Aircraft searches location of Odfjell ship sinking but outlook for lost crew now hopeless.
- Suezmax grounds in Suez Canal
Laden Angelicoussis newbuilding is damaged on maiden voyage but no spill.
- Dented Pride docks in Charleston
Storm-hit Maersk boxship finally allowed into port after chemical leak.
- Suez Canal traffic up
More tankers, more revenue for waterway.
- Higher costs hit Nenaco
Philippine ferry owner posts 18% drop in 2003 profit.
- Hamburg Sud and Maersk link in Med
German and Danish container lines join forces to cut costs on Turkey service.
- Frontline milks mammoth profit
John Fredriksen’s tanker leviathan posts record earnings for 2003.
- Maersk expands Hyundai boxships
Danish giant raises capacity on orders to post-panamax.
- Losses grow at PDZ
Malaysian boxship operator in the red as it eyes domestic acquisition.
- Washington Marine gambles on casino ships
BC Ferries’ former PacifiCat vessels could gain fresh lease of life with refit and sale.
- Korean yards restate profits
Hyundai Heavy and Mipo cut last year's results.
- Green Reefers in rights issue
Bergen reefer owner to raise $5m for fleet and terminal expansion.
- Splitska cargoship grounds in Adriatic
New addition to Croatian owner’s fleet hits sand off Cape Loviste.
- Taxing time for Algoma
Corporation tax charge hits Canadian bulker and tanker owner in 2003.
- Shipyards drag Aker Kvaerner down
Slump at industrial group after big Philadelphia loss.
|
 | web site |
| MARCH 1, 2004 |
- Chemical tanker explodes off Virginia's coast
- Europe/South America West Coast rate increase confirmed
- Maersk Sealand, Hamburg Sud cooperate between North Europe/Turkey
- Frontline nets $443 million for 2003
- International Paper inks long-term shipping deal with NYK
- CMA CGM introduces Europe/Caribbean ship
- Environmental report for obsolete U.S.-flag ships for scrapping
- Senate gives highway projects temporary reprieve
- New highway expected to support more Sino-Soviet trade
- Canadian National, labor group agree on contract
- Exel's profit down 12%
- White House lifts some sanctions on Libya
- Houston halts Bayport construction pending court ruling
- FMC posts notice of discrimination complaint
- NASSCO announces senior management promotions
|
 | web site |
| MARCH 1, 2004 |
- Record Frontline profits
Frontline’s net income hit a record high of USD 443.1 million (EUR 356.8 million) last year against a loss of ...
- 65 still missing after ferry fire - possible terrorist act
65 persons are still reported missing after the fire on "Superferry 14" which caught fire two hours after departure from ...
- Substantial losses at Aker Kvaerner
Aker Kvaerner posted a loss of NOK 998.0 million (EUR 114.2 million) in 2003 against a profit of NOK 877.0 ...
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
