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| AUGUST 5, 2004 |
Shipping News
- Extend maritime security beyond ISPS: Cheow Tong
THE battle against terrorism does not end with the implementation of the ISPS Code, Singapore's Transport Minister Yeo Cheow Tong warned yesterday, as he urged the international community to do more to ensure that the entire supply chain is secure.
- S'pore threatens ban on second time ISPS violators
IN the first month of the International Maritime Organisation's new global security rules, Singapore detained 27 vessels for failing to meet the ISPS Code requirements.
- Asian cargoes choke N American West Coast
SURGING transpacific cargo volumes from Asia are stretching the capacity of North America's West Coast ports resulting in delays as the peak season hits the expansive coastline from Vancouver to Long Beach with full force.
- Hoax spooks cruise passengers
FEARS of terrorism came aboard a Carnival cruise on Saturday morning as passengers listened to bizarre announcements - including one for the crew to abandon ship.
- Pilot expected to plead guilty in NY ferry crash case
THE pilot of the Staten Island ferry that plowed into a maintenance pier in October is expected to plead guilty to criminal negligence for his role in the deaths of all 11 people killed as a result of the crash, law enforcement officials said.
Air and Land Transport
- European airlines review hedging as oil prices rise
EUROPEAN airlines are scrambling to review their fuel hedging policies as a surprise hike in oil prices forces carriers to lock in contracts at record highs or gamble on crude retreating.
- Virgin Blue's shares dive on profit fall
- Cyprus Airways to offload two planes
- Canberra defends no bag check policy at regional airports
- LOG Book
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| AUGUST 5, 2004 |
- Call to include Guangdong-HK feeder freight services in Cepa
- OnePort launches new money and time saving services
- DHL receives 16th China A-Licence
- Singapore urges greater maritime security
- APL, Concor sign freight station JV in India
- Singapore, Panama conclude second round of FTA talks
- TPG Q2 operating income rises
- Hainan Airlines offers first transcontinental service
- DHL links up with MASkargo
- Mainland nature conservancy receives boost from HK airline
- KCI throughput up in June
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| AUGUST 5, 2004 |
- NLS Agency bags coveted ISO 9001:2000 certification
- Machinery exports to China increases by 178 pc; reaches $ 51.32 million
- CCTPL offers to refund container storage charges of strike period
- Chennai Port Trust cuts wharfage for export of Hyundai cars
- APL, CONCOR form JV for CFS & CY at Dadri
- New insurance scheme proposed to induce project exporters to take more risks
- SEZs, EOUs may be exempted from paying education cess
- Textile producers can avail of both Cenvat and exemption routes: Finance Ministry
- TN raises handloom export target
- Textile machinery fair in Dec.
- CII workshop emphasises role of SMEs in industrial development
- Habibullah appointed new Textiles Secretary
- A-I invites tenders for leasing 20 aircraft
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| AUGUST 4, 2004 |
- US oil inventory figures at a glance
Some of the latest DOE and API figures.
- Russia hikes duty on oil product exports
New method of calculating oil and oil products export duty begins, but rates rise less than anticipated.
- Tug strikes and price rises leave Piraeus buyers cold
- High Korean numbers keep buyers at bay
- Singapore: Security needs to go beyond ISPS
Speaking at the 2nd International Maritime and Port Security Conference, MPA's chief executive warns that security needs to go beyond ISPS and look at barges, tugs and port limit tankers.
- Rotterdam continues firm and congested
- Cosulich to launch double-hulled Singapore barge
Italy-based broker and trader confirms newbuild double-hulled bunker barge is to enter Singapore bunker market.
- Labco moves to Cyprus
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| AUGUST 4, 2004 |
- France: free web tool to monitor fuel consumption
- Pennsylvania spends USD 7.4 million on rail-freight projects
- TPG registers strong growth in Q2/2004
- New Antwerp-Lille barge container shuttle
- BAWC ready for air AMS implementation
- Ewata announces Congo River Surcharge
- Eller & Company appoints Novacek
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| AUGUST 4, 2004 |
- Guilty plea and indictments in Staten Island ferry case
- Massachusetts spill legislation signed into law
- Hornbeck reports strengthening in OSV sector
- Singapore looks beyond ISPS
- Classic Canadian tug repowered
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| AUGUST 4, 2004 |
- Federal grant targeted for Port of Seattle land study
- Port of Vancouver, USA brings eBid system onboard
- Coast Guard celebrating 214th anniversary today
- Port of Portland adding small business insurance program
- Damaged fish ladder kills salmon at Ballard locks
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| AUGUST 5, 2004 |
- First Sea Lord warns of al-Qa’eda plot to target merchant ships
THE highest-ranking commander in the Royal Navy warned yesterday that al-Qa’eda and other terrorist groups are plotting to launch attacks on merchant shipping.
- Britannia’s flag never waives the rules
RULE Britannia! For the second year running, the UK register boasts the best safety inspection record of any flag in the world when it comes to European ports.
- Intertanko attacks ports ‘no visitor’ policy
INTERTANKO has strongly reacted to a security policy implemented by a US terminal operator which has restricted access to its terminals to the agent, pilot and surveyor, while specifically banning a range of other essential visitors to ships handling cargo alongside.
- Logistics companies petition FMC for dispensation to open up competition
LEADING logistics companies in the US have asked the Federal Maritime Commission to allow non-vessel operating common carriers to enter confidential service arrangements with shippers — a dispensation that is currently restricted to ocean carriers under US law.
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| AUGUST 4, 2004 |
- NOL mandatory share offer
TEMASEK Holdings' takeover offer of liner and logistics company Neptune Orient Lines was triggered by a large share purchase that saw the Singapore government investment arm increase its stakes to over 30% of the total stock
- Cruise hoaxer orders 'abandon ship'
IN an incident raising serious security questions, a passenger on cruise ship Carnival Miracle gained control of the ship's PA system and told passengers to abandon ship
- China exports 'half of FEFC movements'
CHINESE exports to Europe now comprise nearly half of all Asia/Europe containers handled by Far Eastern Freight Conference (FEFC) members
- St Petersburg stevedore strike over
ST PETERSBURG (Russia)'s striking stevedores told Fairplay that they have ended their strike and ban on overtime work
- CNAN "profitable by year-end"
ALGERIAN shipping company CNAN-Group is expected to achieve a profit in 2004, according to its CEO Ali Koudil
- Santos box exports booming
BRAZILIAN container terminal Santos Brasil has posted good half-year results, with box handling up nearly 35% and turnover up by nearly 30%
- Transmanche loses both vessels
- Chennai cuts wharfage for car exports
- Gwadar to open for shipping in April
- MacAndrews goes inter-continental
- Third dock complex at Kolkata
- Staten Island ferry charges
- Fredriksen may invest in containers
- Indian dredgers want tonnage tax
- Secret report slams Israel security
- Agreement to end Israeli ports strike
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| AUGUST 4, 2004 |
- New carrier to enter U.S. trades
MacAndrews, the British subsidiary of CMA CGM, joining Indamex consortium, according to a published report.
- Miami air cargo fails AMS standards
Majority of airlines yet to install e-filing systems for import cargo.
- Takeover bid spurs NOL shares
- WTO mulls emergency meeting on textile quotas
- Hanjin Shipping sees profits rise
- Bush signs U.S.-Australia trade pact
- Bullish shipping outlook: Survey
- Lykes, CSAV to expand C. Amer. service
- Expansion set for New Jersey's Expressrail
- Long Beach testing LNG equipment
- Jaxport gets Brazil project cargo
- Konecranes lands Houston order
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| AUGUST 4, 2004 |
- NWA loss produces aggressive response from Portland
Draught restrictions and meeting schedules are behind the New World Alliance’s (NWA) decision to omit calls at the Port of Portland in September, according to Port director Sam Ruda.
- US operator wins Canadian WC concession
A major US terminal operator, New Jersey-based Maher Terminals, has been selected by the Prince Rupert Port Authority (PRPA) to establish a new container facility on Canada's West Coast.
- Hansa Mare strike gold in stagnant charter pond
- Temasek: no plans to take over NOL’s operational management
- Hanjin’s Q2 operating profits soar 208%
- Thinking inside the box! The Global approach to security
- MacAndrews joins IndaMex consortium
- APL seals Dadri CFS deal with Concor
- Busan to welcome its first 8,000TEU caller
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| AUGUST 4, 2004 |
- US Shipping eyes first newbuild
Two-year-old US-flag player ready to sign with Rhode Island yard for 145,000-barrel ATB.
- Toll fights speed cuts
Shipowner’s New Zealand ferry service threatened by environmental protection measures.
- Pilot of death ferry guilty of manslaughter
Assistant captain Richard Smith admits having drugs in system: 'My conduct was reckless.'
- Hornbeck hikes forecast
US offshore ship and barge owner expects bigger 2004 profit despite interim dip.
- London’s rich list
Controversial league table of top shipping companies set to raise eyebrows and blood pressure.
- CSSC avoids equity markets
Chinese shipbuilding giant will only consider private investment to help with yard expansion.
- Namura unveils yard blueprint
Japanese shipbuilder will spend $54m on increasing Imari plant’s capacity by 50%.
- Hanjin ups profit 13%
South Korean line lifted by a 7% increase in container volumes and rising rates.
- MC profits steady
But change of ownership and challenge by Burke Investments costs company $400,000.
- Gulfmark misses the mark
Losses continue at US oil services firm, though remainder of the year looks better.
- Trailer Bridge stays in black
Revenues rise for Puerto Rican operator as rate increases start to take effect, though profits remain modest.
- Panama Canal revenues up
Transits increase but passage times still growing as modernisation continues.
- Aboitiz adds to coffers
Philippine ferry operator builds first-half profit despite sharp rise in costs.
- Profits nearly double at SKL
Coal logistics contracts help bolster bottom line at Singapore shipowner Sembawang Kimtrans.
- MOL in possible upgrade
Moody's mulls increase in Ba1 rating as group demonstrates growing stability.
- ABS hits back at malice
Classification society says revised Prestige claims does not extend asset reach.
- Profits slip at Maritrans
Vessel’s double-hull upgrade results in lower fleet utilisation at US Jones Act tanker operator.
- NOL offer looks undervalued
Temasek will have to do better if it is serious about taking Singapore flagged carrier private.
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| AUGUST 4, 2004 |
- Uncertain outcome for Temasek bid for NOL
- U.S. district judge dismisses ABS counterclaims in "Prestige" suit
- MacAndrews joins U.S./Indian Subcontinent "Indamex" service
- P&O Nedlloyd North America appoints executives
- MSC (USA) hires Magna to head West Coast sales
- Citizens Trust secures $15 million credit line for CSX Corp.
- Support builds for NVO contracting proposal
- FMC reviews 5 OTI applications, revokes 4 licenses
- Bush signs U.S.-Australia free-trade agreement into law
- Exel gets approval for takeover of Tibbett & Britten
- Expeditors' second-quarter earnings up 35%
- U.S. Customs officers dispatched to Kobe and Nagoya for CSI
- Eller & Co. names Novacek president, CEO
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| AUGUST 4, 2004 |
- Contingency against North Sea terrorism
Norwegian special forces regularly practice response routines to be prepared to handle possible terrorist attacks against offshore installation in the ...
- Norway will not pay for tug standby
Despite increasing oil shipments through Norwegian territorial waters, the authorities will not spend the money on an adequate salvage capacity ...
- Disputed Jack-up towed to China
A. P. Møller-Mærsk’s Maersk Contractor and Korean shipbuilder Hyundai has come to a kind of agreement over the disputed ...
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