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| MAY 4, 2004 |
Shipping News
- Asian voice to echo at key maritime meeting here
THE Asian voice in international shipping, along with Singapore's position as a major maritime centre, will both be given a boost later this month when industry leaders descend on the island for three days of high-level meetings. 04/05/04
- ISPS and piracy to figure in talks
CONCERNS over the impending ISPS Code deadline and piracy are among the topics to be discussed at industry dialogue sessions later this month, according to Federation of Asean Shipowners' Associations chairman S S Teo, who said he anticipates 'very open' discussions.
- PSA and P&O Australia accused of collaborating with competitors
PSA International and P&O Australia Ports, subsidiaries of the world's second and third largest terminal operators, have been accused of secretly collaborating with competitors and usurping management by their local co-shareholders in an electronic container seal company they mothballed in 2002.
- P&O Nedlloyd winning higher transpacific rates
ROYAL P&O Nedlloyd, the world's fourth-biggest container shipping line, said it is winning higher rates from Asia to the US.
Air and Land Transport
- Growing economy stokes air travel in India
PROSPERITY and cheaper airfares are stoking demand for air travel in India, Asia's third-biggest economy.
- SIA to launch non-stop flight to New York
- Alitalia flights return to normal; talks begin
- Woman flies plane under Sydney Harbour Bridge
- Continental can't afford Boeing 7E7s yet: CEO
- Swiss still in talks with BA over alliance
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| MAY 4, 2004 |
- Truckers block ports and highways in California
- FASC, IADA meeting makes little headway on THC issue
- Singapore minister impressed by China logistics development
- Plane maker starts operations in Harbin
- SAS Cargo posts higher profit in 2003
- Scott Dolan named UA Cargo president
- Etihad launches flight to London
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| MAY 3, 2004 |
- Oetker and partners take majority share in Bominflot
German entrepreneur increases personal shareholding to 45% in Hamburg-based international bunker supplier and trader.
- OPEC President says price hike being mooted
Cartel chief Purnomo Yusgiantoro admits discussions to increase four-year old price band.
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| MAY 3, 2004 |
- One day workshop on VAT in Switzerland
- LogControl: New customers in Eastern Europe
- Lagermax Prag wins new German partner
- Transamerica Trailers for ANC Express (UK)
- British Airways World Cargo raises fuel surcharge
- New bulk unloader for Bristol
- Union Pacific names Moore as General Manager
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| MAY 3, 2004 |
- OSG buys U.S.-flag products tankers
Acquires two units from Attransco
- S&P research report sees better times ahead for offshore drillers
Fundamentals "very strong"
- First Wave sells subsidiaries' assets
Will concentrate on Galveston operations
- New CEO for Maritrans
Jonathan Whitworth appointed
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| MAY 3, 2004 |
- MSI relocating to larger facility at Port of Vancouver, USA
- Boeing marks delivery of last 757-300 airplane
- Neah Bay Coast Guard facility creates fund for fallen member
- Port of Portland hires marine/business media boss
- Rail association predicts hiring boom will continue
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| MAY 4, 2004 |
- Elizabeth hands over Cunard crown to Mary
CUNARD’S Queen Elizabeth 2 handed over the crown to Queen Mary 2 at the weekend when QM2 became the new flagship of the fleet in a ceremony attended by British Deputy Prime Minister John Prescott.
- Lines forced to back down as shippers baulk at transpacific box rate demands
EFFORTS to broker big increases on the transpacific box rate front appear to have sunk without trace.
- Saudi attack sparks oil price fears
FEARS of a further gain in already high world oil prices deepened yesterday in the wake of a weekend assault by gunmen on a petrochemical refinery in the world’s number one oil exporter Saudi Arabia.
- Canal’s fate rests with new Panama president Torrijos holds
MARTIN Torrijos, the son of former dictator Omar Torrijos, has been voted in as Panama’s next president.
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| MAY 3, 2004 |
- ILA dissidents urge 'no' vote on pact
Opponents inside the International Longshoremen's Association are urging union members to turn down a proposed six-year master contract.
- APL U.S. chief resigns
Hamlin, president of Americas region, will take senior post with Norwegian Cruise Line.
- LA-Long Beach back to normal after protests
- Red Hook negotiations continue
- UPS, Yahoo partner on small business tools
- Boeing launches 7E7 with 50 orders
- U.S.-Australia lines increase fuel charge
- China Shipping Container's net seen doubling
- Tropical Shipping income drops
- APL, PSA team up on cargo management system
- Trucks move most U.S. freight: ATA
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| MAY 3, 2004 |
- Rising box rates sees breakbulk renaissance
Breakbulk carriers are picking up goods that would ordinarily have gone on containerised vessels because of rising rates and a shortage of tonnage.
- Chaos at German borders before May 1
- IRISL launches ANZ service
- Container Owners Association takes first step to realisation
- Sydney makes a million a month ahead of time
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| MAY 3, 2004 |
- OSG buys Jones Act tankers
US owner seeks more avenues into domestic product tanker business.
- Maritrans chief resigns
Doherty to be replaced by former Teekay USA exec.
- South Africa on spill alert
Pollution precautions ordered as preparations made to transfer bunkers of stricken ore carrier, Cape Africa.
- Teekay escapes downgrade
Moody’s confirms owner's existing ratings despite debt-pile from Tapias purchase.
- China launches box line IPO
Investors invited to subscribe $2bn in biggest Chinese share offering of 2004.
- RCCL in $1bn shelf filing
Debt to earnings ratio of top cruise line is described as weak by Standard & Poor’s.
- Colin Au resurfaces
Former head of Star Cruises appointed independent director at Singapore’s SembCorp Industries.
- Mipo mints the money
Building ships proves serviously profitable as order book boom feeds through to bottom line.
- Tanking!
Public tanker owners can only mutter TGIF after a week of investor blows to their share values.
- CMB buys more Clarkson stock
Belgian tanker and dry bulk shipowner inches up its shareholding in its favourite shipbroker.
- Aussies face "low" terror risk
Terror threat to maritime sector is "low or very low" according to attorney general Philip Ruddock
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| MAY 3, 2004 |
- First LNG-carrier to A.P. Møller-Mærsk
A.P. Møller-Mærsk has taken delivery of one of the most expensive merchant ships ever built for Danish flag. Last ...
- Danish-Norwegian ferry to Croatia-charter
Norwegian Eidsiva-group has turned to alternative measures to find a buyer for their surplus Superflex-ferry "Langeland", which has ...
- European Maritime Organisations gathered in Holland
The 1st European Maritime Cluster Organisations Roundtable was held in Wassenaar, Holland last week. Representatives from cluster organisations in Denmark ...
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