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| JULY 6, 2004 |
Shipping News
- Shenzhen container traffic soars 32% in H1
SEA container traffic in the southern Chinese town of Shenzhen grew more than 32 per cent in the first six months from the same period in 2003, the Shenzhen Municipal Port Authority said yesterday.
- Students fight it out at global maritime arbitration contest
MARITIME legal disputes were the order of the day since Saturday with students from eight law schools around the region taking part in an arbitration competition here.
- Higher shipping costs delay Peru coffee exports
UP to 35 per cent of Peru's coffee exports are departing two weeks late because of a rise in shipping costs and a shortage of space on boats, Peru's largest coffee exporter said.
- Reduced ship supplies may drive up Asia tanker rates
OIL tanker rates for shipping crude from the Middle East to Asia may rise this week as oil companies and traders start booking vessels for August amid reduced ship supplies in the Persian Gulf.
- Iraq oil exports still reeling from pipeline sabotage
ENGINEERS assessed damage to a sabotaged oil pipeline in southern Iraq as exports remained at half their pre-attack level, officials and shipping agents said.
Air and Land Transport
- Air NZ, Qantas take alliance bid to court
A proposed alliance between Air New Zealand and Australian carrier Qantas was a response to increased competition rather than a move towards a monopoly, Air New Zealand told the nation's High Court yesterday.
- Peru declares emergency in air sector
- Kuwait firm leases Boeing jet to MAS
- Qantas flight attendants may strike
- Consortium signs deal on Bangalore airport
- Rise in air travel hurting global environment: study
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| JULY 6, 2004 |
- Japan, UAE agree to tax exemptions for sea, air freight
- Taihe-Jinggangshan Expressway to open early
- NZ Customs law changes
- US WC union deal close to averting port work stoppage
- Yellow Transportation and workers' union agree on new service
- SIA launches non-stop flights between Newark and Changi
- Another year of profit for Hong Kong Airport Authority
- Cargolux hires new import/export director
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| JULY 6, 2004 |
- Shipping cos may be allowed to hire foreign officers
- IRISL announces independent, fixed-day weekly service from NSICT to Med/Europe
- Safmarine upgrades Prime Express service
- 59 more items in SION list
- Chamber’s mission: To make India’s industrial capability known in France
- Potential for India to become seafood processing hub envisaged
- Kolkata Port lowers charges further
- South West Port develops 2 multi-purpose berths at Mormugao Harbour
- Trade apprehensive of APM Terminals-CONCOR operating JNP’s third box terminal
- Centre to hold stake in Nagpur hub
- India offers to guard ships passing Malacca Straits
- Dry bulk rates set to surge
- CONCOR enters into contract to run services between India and Nepal
- Forex reserves jumped by $ 587 million to $ 1,19, 932 million
- Forex reserves dip
- CII study underscores need for early use of electronics in trade facilitation
- Need for national policy to streamline biotech sector underscored
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| JULY 5, 2004 |
- Caltex and SPC complete SRC transaction
ChevronTexaco confirms 50% equity share in Singapore Refining Company after BP sells its stake to SPC and Caltex.
- Gibraltar prompt pushed back by enquiry surge
- New supplier targeting 10% market share
St. Petersburg supplier's new operation fully compliant with environmental safety regulations.
- Rotterdam quiet but firm
- Reports: Shell looking to divest Peru interests
Oil major reported to be willing to listen offers for its marine fuel distribution operations in Peru.
- Singapore on target for 10% year-on-year sales leap
Latest monthly bunker fuel sales figures continue trend for strong demand in 2004.
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| JULY 5, 2004 |
- European Regions Airline Association General Assembly
- Fracht AG extends inet-logistics 4PL solution to Germany
- Turkey and the Ukraine members of Iranian north-south corridor
- Renault selects TNT Logistics as logistics service provider Brazil
- New Poseidon bridge over the Gulf of Corinth
- Korean Air enters B747 conversion market
- Fully compliant
- DPD: changes at the top
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| JULY 5, 2004 |
- Few problems as ISPS kicks in
- Baltic Exchange to launch scrapping benchmark
- Sierra Leone hires security firm
- Bill Thomson chairman of NoE
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| JULY 6, 2004 |
- PD Ports on target for AIM listing
PD PORTS, the UK’s second largest ports group by tonnage volume, is to get a listing on London’s Alternative Investment Market from the start of next week.
- Pride of America claim will be paid in full
Insurers led by Basler Securitas in Bremen have agreed to pay in full the estimated €150m ($178m) claim on the newbuilding Pride of America, Lloyd’s List understands .
- CMA CGM presses for changes to UK regime as ships join up
FRENCH shipping group CMA CGM is placing a number of containerships into the UK tonnage tax system but will be pressing for further refinements to the scheme in order to regain Britain’s competitive edge, writes Janet Porter.
- DSME on course for $5bn worth of orders
DAEWOO Shipbuilding and Marine Engineering is on course for a stellar $5bn worth of orders this year.
- Dutch propose maritime ‘quality seal’
EU TRANSPORT ministers will discuss proposals for the introduction of a ‘quality seal’ for the maritime industry when they meet in Amsterdam this weekend.
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| JULY 5, 2004 |
- Security heads Caribbean agenda
MARITIME administrators from across the Caribbean basin will meet in Barbados on 16 July to develop a comprehensive maritime authority action plan. Environmental and security policies are at the top of the agenda
- Incheon box terminal up and running
THE privately run Incheon Container Terminal began operations on 2 July with the berthing of a Wan Hai Lines vessel
- Teesport changes hands
NIKKO Principal Investments has sold Teesport, the UK's second largest port, to institutional investors under the PD Ports plc umbrella
- Maersk/Concor comes under fire
THE consortium by Maersk India and Container Corporation of India has come under heavy flak from shippers, shipping lines and freight forwarders in India
- Former HAL exec pleads guilty
THE former VP for operating line compliance at Holland America Lines pleaded guilty in a US federal court last week to a charge of misrepresenting environmental audits
- NCL agrees new Pride delivery date
NCL America has concluded negotiations with Lloyd Werft in Germany, its insurers and banks, and agreed a new delivery date for the Pride of America on 6 June 2005
- Aqaba congestion fee slashed
- Dockers agree waterfront deal
- Hawaiian tug strike ends
- AMS rules get stricter
- Rail deal benefits Prince Rupert
- Ena 2 tanks lost all cargo
- Lower Saxony port workers on strike
- Chinese imports behind Prisco order
- Indian rate increase not enough
- Mainfreight sells non-core assets
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| JULY 5, 2004 |
- PSA exits Pipavav Port
Port of Singapore Authority (PSA) struck a deal with Maersk India to exit from Gujarat Pipavav Port Ltd (GPPL) by selling its 20% stake to the AP Moller group.
- Environmental impact report brings Melbourne channel deepening closer
- Coscon to launch China/Japan service
- Shipping line considers security surcharge
- PD Teesport ownership restructured
- Gwangyang throughput surges 22% in H1
- Inchon port to add a container X-ray device
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| JULY 5, 2004 |
- Passenger ship in collision
Elderly drillship controlled by troubled John Fredriksen company severely damaged in accident near Singapore.
- Russian cargoship sinks
Two missing after vessel collision in the Black Sea off Bulgaria.
- Saade in stew at Beirut
Competitors including MSC say the port is favouring CMA CGM with a sweetheart deal.
- UK port group to float
Investors to finance $316m deal to acquire Teesport through AIM listing.
- Two die at IHI
Steel topples over causing four to fall from scaffolding at Japanese yard.
- Pride of America delivery set
NCL America says cost of damaged newbuilding will "not be materially different."
- Master faces jail time
German prosecutors could ask for five years after an allegedly intoxicated master dumped acid into the Elbe.
- Halim sells Meridian Sun
Malaysian owner has disposed of elderly product tanker in face of increasing running costs.
- Sovcomflot orders LNG ship
Russian owner goes ahead with speculative newbuilding as it pursues tenders for long term business.
- Crowley to manage Nedlloyd ships
Subsidiary takes on controversial Chesapeake Bay and Delaware Bay.
- Thomson replaces Procopiou
Member of Scottish shipping dynasty takes the helm at North of England P& I Club.
- Singapore bunker sales swell
Lion Republic sees double-digit growth in both monthly bunker sales and container throughput.
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| JULY 5, 2004 |
- Customs begins full enforcement of automated vessel manifest rule
- EC sees progress in European short-sea sector
- Norwegian shipowner pays $3.5 million fine for dumping waste oil
- Crowley to manage two U.S.-flag ships of FABC
- Delmas raises Asia/East Africa rates
- Polar Air to switch European hubs
- BNSF sets limits on container moves
- CN to preserve shipper rights as condition for acquisition
- U.S. searches trucker rolls for possible terrorists
- Logistics association seeks rail remedies
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| JULY 5, 2004 |
- IMO dismisses fake ISPS papers
IMO has dismissed claims by the British security firm Qinetiq that fake ISPS papers are for sale in the market ...
- New strike in the North Sea
Norwegian oil workers are again on strike in the North Sea, this time on four semi-submersible rigs, after negotiations ...
- New marketing company for Finnish icebreakers
Finland’s government owned shipping company Finstaship, which was established after a reorganisation of the Finnish Maritime Administration and has been ...
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