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| APRIL 7, 2004 |
Shipping News
- Call for renewed Asian efforts to combat piracy
THE governments of the piracy-infested region of Asia should follow Malaysia's lead and give greater priority to policing their waters, a leading Australian expert has suggested.
- M'sian exporters get screening fee reprieve
MALAYSIAN exporters have been granted a six-month reprieve from extra charges at Port Klang if their US-bound shipments are checked under the Container Security Initiative.
- Aussie port giant found negligent of safety
AUSTRALIAN port giant Patrick Corp faces potentially multi-million dollar fines after being found criminally negligent over port worker injuries.
- TUI to keep shipping unit for at least 5 years
TUI, Europe's largest travel firm, aims to keep its Hapag-Lloyd shipping business part of the group for the next five years after the unit's partial flotation this year, its finance chief said.
Air and Land Transport
- Air Canada unions want Milton to stay out of talks
UNIONS representing most of Air Canada's workers said they want a bankruptcy judge to strip chief executive Robert Milton of his authority to negotiate investments aimed at helping the carrier emerge from bankruptcy.
- Alitalia says it can last for only a month
- United, Atlantic Coast agree to sever all ties by August
- Bangkok Airways cuts fees at Samui airport by up to 25%
Strait Talk
- Marine mutuals alive and well
WHEN the subject of substandard shipping is discussed, the idea of rewarding good owners and punishing poor ones with insurance premiums that reflect their claims record and possibly such things as port state control detentions comes to mind A couple of weeks ago, somebody who is in a good position to know, but in no position to speak publicly, gave quite a convincing explanation of why that will never happen.
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| APRIL 7, 2004 |
- MTL, HIT declared ISPS code compliant in HK
- Customers fight over rail reregulation in US
- Shenzhen box handling up more than 30pc in Q1
- Famous Pacific Shipping relocates two offices in China
- MOL to change Denmark agent
- IMO launches online maritime information resources
- Mitsubishi chooses GTS' Tops for Yokohama terminal
- HK summer flight offerings up three per cent
- Hawaiian Airlines appoints Menzies in Sydney
- Orion, Bax Global sign deal for overnight air freight service
- Continental to serve more Mexican cities
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| APRIL 7, 2004 |
- UGE Shipping sells a mini bulk carrier
- Carnival eyes China, India cruises - Operator seeking partner to tap region’s booming economies
- INDFEX 2 to call at VCT
- Sinha highlights achievements of 2003-04
- US emerges new market for pickles
- Railways hauls record 555.74 m. tonnes
- 1st export container train flagged off from CONCOR’s ICD-Chinchwad, Pune to JNP
- CAI brings major relief package for the trade
- Customs Dept to enforce digital signature to benefit exporters: DGFT
- Australia warns of terror strikes on S-E Asian shipping routes
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| APRIL 6, 2004 |
- South American shortages could last months
Many markets throughout South America this week continue to suffer availability problems. Uruguay and Argentina in particular are countries where the bunker market is affected by such trouble. Local sources see little light at the end of the tunnel.
- Security expert warns of ISPS bunker 'chaos'
UK-based maritime security consultant says that the failure of bunker barge operators and bunker suppliers to meet new IMO security measures could impact upon their business.
- Hong Kong still quiet after holiday stoppage
- ISPS code sees Brisbane refinery charges hiked
Bunker prices not expected to be affected unless 'bunkering time' is streched by new IMO procedures, say sources.
- Healthy Chinese demand sees freight rates jump
Panamax rates to Guangdong approach $500,000 mark as news of another cargo influx into Singapore hits market.
- Rotterdam market firm at midday
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| APRIL 6, 2004 |
- Ezycargo portal extended to Japan
- Swiss Post International with partnerships in East Europe
- China to invest in rail and port development
- SAS Cargo launches new Copenhagen-Shanghai service
- Joint launch of new America service
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| APRIL 7, 2004 |
- MEPC gives nod to PSSAs
- Tug blocks US port
- Mayflower Energy in administration
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| APRIL 6, 2004 |
- Lockheed Martin led team unveils latest version of LCS
Says it's "faster, more agile and more maneuverable"
- MEPC concludes busy session
Revised regulations on sewage from ships have been adopted by IMO's Marine Environment Protection Committee, which also took a number of other significant steps at its recent 51st session
- Sulzer RT-flex orders reach 100 mark
Common rail engines find rapid acceptance
- New Zealand Navy project moves forward
Tenix named as favored bidder
- European parliament panel condemns Spain
Calls for European Coast Guard
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| APRIL 7, 2004 |
- US plays down ‘Malacca Marines’ option
EMBASSY personnel in Malaysia were in damage-control mode yesterday after an angry response to reports that the US Navy would fight piracy and terror in the Malacca Strait, writes Rob McKay.
- HSH Nordbank unveils €1bn ship finance securitisation plan
HSH Nordbank, the world’s leading lender for ship mortgages, is preparing the securitisation of part of its portfolio.
- MSC outstrips rivals in orders for super post-panamaxes
MEDITERRANEAN Shipping Co has pulled ahead of its closest rivals with by far the largest orderbook in the world for super post-panamax containerships.
- Qatar needs 57 LNG carriers to satisfy global thirst for gas
ALMOST 60 liquefied natural gas carriers are now required to satisfy projects yet to come on stream in Qatar.
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| APRIL 6, 2004 |
- US moves to calm Asian fears
THE flap over a proposed US-sponsored security plan that would encompass the Southern and Western Pacific has been likened to a 'tempest in a teapot' by Major Jay Steuck of the US Pacific command
- Swedish Club posts $22.5M profit
SWEDISH Club made a strong earnings recovery last year on the back of higher premiums, currency gains and better return on its investments
- Acajutla privatisation moves ahead
THE port of Acajulta, in the El Salvador department of Sansonate, will finally become private in May, officials at the Autonomous Ports Commission (CEPA) said
- Seatruck seeks larger, newer ro-ros
IRISH Sea ro-ro ferry operator Seatruck Ferries doesn't like turning business away; the Crescent plc subsidiary is looking at second hand and newbuilding tonnage
- Mayflower Energy in administration
MAYFLOWER Energy, owner of the wind turbine installation vessel Mayflower Resolution, has been put into administration
- Eurogate anticipates box growth
EUROGATE, the Bremen-based terminal operator, is to invest €30M ($36.3M) in its facility at Bremerhaven in anticipation of a growth in volume next year
- Pride investigation calls witnesses
- Prestige details blockage cleared
- Koreans sign port peace pact
- Brussels keeps up pressure on Spain
- ABS suffers Prestige setback
- Hamburg mulls HHLA privatisation
- Lines deny Australian claims
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| APRIL 6, 2004 |
- Vancouver congestion growing
Shippers are calling on government to help resolve congestion at Centerm (above), other terminals.
- Dutch pledge aid for shipbuilding
- Long Beach OKs port security projects
- Logistics report author Delaney dies
- Indian ports volume up 16%
- Asia boosts KLM cargo
- EGL raises earnings forecast
- Saudi airline begins Houston service
- Mexico extends NAFTA Rail ruling
- Anti-trust for Australian lines could end
- Incheon hikes landing fees
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| APRIL 6, 2004 |
- Carriers reject ACCC’s AADA findings
The Asia Australia Discussion Agreement (AADA) has rejected preliminary findings of the Australian Competition and Consumer Commission (ACCC) that could end its authorisation to collectively set rates and surcharges.
- Russian Parliament ratifies ILO labour and dock conventions
- HHLA crane sale heralds finalising of St Petersburg terminal stake
- Elections may delay JNPT, Cochin terminal projects
- European shippers see no benefit from Australian anti-trust report
- Korean labour, employers and government sign ‘Port Peace Declaration’
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| APRIL 6, 2004 |
- US denies Malacca plans
US embassy says admiral’s comments on patrols by marines in Strait were "hypothetical".
- Latvia mulls single hull ban
Baltic state says it will only evict single skin ships if neighbours sign up to similar rules.
- Hong Kong lifeline for CSX
German line Hamburg Sud could step into void left by Hanjin at port operator’s terminal.
- Cochin to up bulker orders
Shipping minister Shatrughan Sinha says Indian yard will pick up two more handymaxes.
- Hapag-Lloyd fine tunes EEX
German boxship owner adds Italian call to northern Europe-Med route.
- Shahi Shipping mulls bonus
Indian coastal shipowner could issue extra shares to investors as stock price rises.
- Clarkson Asia gets into FFAs
Shipbroking giant’s star Singapore tanker shop gets dedicated derivatives broker.
- Maersk sets up shop in Iraq
Danish behemoth has established a port facility and direct vessel service at Al Zubayr.
- Wartsila seals Restis deal
Handymax bulkers building in China to feature engine builders’ first RT-flex 50 prime movers.
- Great Eastern sells mini-bulker
Indian owner offloads small ship that no longer fitted fleet profile.
- Cosco chiefs set to cash in
Directors at Singapore arm looking at paper profits of up to $150,000 after exercising share options.
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| APRIL 6, 2004 |
- U.S. Australasia Discussion Agreement rate increase
- China Shipping amends two Asia/Europe loops
- NYK launches social responsibility unit
- USDA imposes Animal Welfare Act on all non-U.S. airlines
- Menzies to provide ground service for Hawaiian
- House passes highway bill
- Paper products company seeks STB approval for railroad spur
- U.S. Customs names Spero acting deputy commissioner
- WCO finalizes advancee cargo information guideline
- Two West Coast shippers pay fines for U.S. export violations
- USDA approves four shipper petitions for trade help, rejects three
- USTR determines that Sierra Leone meets AGOA conditions
- U.S. military gets door-to-door container service in Hawaii
- USDA drops proposed rule for redelivery of cargo for inspection
- White House asks for extension of biometric passport rule
- DOT adds administrative law judge
- Retail group studies container seal security
- Hamburg seaport prepared for ISPS code requirements
- SDDC mobile port operation set up in Haiti
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| APRIL 6, 2004 |
- Parlimentary Committee voices sharp critique against Spain
The EU Parliament temporary committee has by a vote of 25 to 1 and with 16 abstentions adopted its final ...
- Compulsory repurchase for small Frontline shareholders
Frontline is to enact compulsory repurchase of shares from smaller holders with 49 shares or less, mainly old Swedish and ...
- Record high number of cruise-calls to Copenhagen
Copenhagen-Malmo-Port - CMP - is to break its own record for cruise ship calls this year. The figure for this ...
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