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| JULY 7, 2004 |
Shipping News
- PSA Int'l may be quitting Indian port partnership
PSA International could be bowing out of its Pipavav partnership as AP Moller seeks to increase its shareholding in the emerging Indian container port, a move that would pare PSA's India interests down to only one terminal.
- Malaysia may buy Augusta copters for maritime force
MALAYSIA might want to buy helicopters from the European company Augusta-Westland to bolster a new maritime force aimed at fighting piracy and terrorism in the Malacca Strait and other waterways, the defence minister said.
- LNG boom puts Korean yards on investor radar
SHARES in South Korean shipyards are riding a wave of investor interest as bumper orders for lucrative liquefied natural gas carriers point to fatter earnings on the horizon.
- Chasing pirate ships for a peep into the past
WHEN the Roman Empire got tired of pirates terrorising shipping lanes and nearly bringing the known world's trade to a halt, it went after them hard.
Air and Land Transport
- China leads boom in Asian air travel market
ASIAN air travel is making a robust recovery from the slump caused by last years Sars outbreak, driven primarily by the growth in bookings from the China market.
- New Myanmar airline venture to take off
- SIA takes non-stop trend to record-setting extreme
- SriLankan had record profit last year: CEO
- Air NZ-Qantas alliance will lead to fare hikes: regulator
- Qantas flight attendants back strike plan
Strait Talk
- So, is the world safer now with ISPS in force?
LIKE the implementation of the International Ship Management Code a few years ago, the coming into force of International Ship and Port Facility Security Code has not lived up to its billing as a cause of mass disruption to world trade.
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| JULY 7, 2004 |
- Cosco Shipping shareholders approve purchase of 40 vessels
- Revenues projected to grow 15 per cent at Jacksonville Port
- TT Club appoints new director of loss prevention
- Safmarine makes changes to Prime Express service
- Baltic Container Terminal in Gdynia, Poland receives ISPS approval
- EGL welcomes new VP of Global Ocean Services
- Fedex launches new GPRS service
- NZ Customs law changes
- Delta Air Lines appoints new directors
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| JULY 7, 2004 |
- SCI’s shopping list may include 2 more VLCCs
- Scarcity of tankers may drive up Mideast-Asia crude transport rates
- End of quota regime to open up vast US market for apparel exporters
- Import rules for measuring instruments eased
- Vizag Port sets new record in tippling, iron ore shipment in Q1
- CoPT floats global tender for bunkering terminal
- Laloo keeps freight rates, fares unchanged in maiden Railway Budget
- National Foreign Trade Policy 3 weeks after Budget: Minister
- Andhra Bank to market ECGC’s insurance products
- Price band for diesel, petrol soon
- Shipping new foreign trade policy of India by a full time MOCI
- Business potential vast in Shaanxi Province, avers Dr Chen
- Urvashi Saxena, new I-T Chief Commissioner - I
- IMC chief calls for removal of insurance tariffs
- Reduce corporate tax to 30 per cent, says CII
- MbPT officers’ body felicitates state Addl Chief Sec. Ajit K. Jadhav
- Chinubhai Shah at GCCI helm
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| JULY 6, 2004 |
- Russian fuel oil export terminal closed
Kaliningrad terminal spokeswoman in the dark about reopening timeframe.
- Healthy prompt supply situation in firming Fujairah
- Taiwan: Keelung posted prices change to encourage demand
- Price rise deters Hong Kong buyers
- Crude at one-month high on supply disruptions
Disruptions to supply, both real and threatened, boosting oil prices. Some supply fears may abate soon, but return of fund buying has potential to support rally.
- New separators approved for cat fines removal
Alfa Laval's new broader range of sizes and flow rates make it easier to meet requirements of ship operators.
- Rotterdam still firm Tuesday morning
- Rock bunker-only calls 'must be ISPS compliant'
Tough stance on the Rock comes amid reports from Middle East that Arabian Gulf ports have failed to meet security compliance deadline.
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| JULY 6, 2004 |
- Euro-Log for 24plus
- Agreement on river Save ratified
- DHL Chinese logistics market leader
- 6,000 Trinity hopper cars for BNSF
- Panalpina launches US domestic airfreight service
- Barwil and Denholm in strategic partnership
- Kuo-Cheng Chang new chairman of Evergreen Marine Corp
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| JULY 6, 2004 |
- ITF warns against using ISPS for "union busting"
- Sharjah confirms ISPS status
- Anglo-Eastern eyes national-flag owners
- TT Club’s new director
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| JULY 6, 2004 |
- USCG denies entry to more ships
The total number of ships denied entry to the U.S., or detained in port, for ISPS-compliance failures is rising
- BCP starts full enforcement of automated cargo data filing requirement
U.S. Customs and Border Protection has begun full enforcement of the automation requirement for vessel cargo data filing under the Trade Act Regulations.
- Blue Water Network loses diesel emission appeal
Court endorses EPA "two tier" approach
- Guilty plea in cruise pollution compliance case
$10,000 fine, probation andcommunity service for retired Coast Guard Captain Richard Softye
- NCL announces new delivery date for Pride of America
Agreement with Lloyd Werft will see ship delivered June 6, 2005
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| JULY 7, 2004 |
- Asia-Europe routes see volumes surge
SURGING container shipments on the Asia-Europe and intra-Asian trades are driving strong volume growth at container ports across Asia.
- ...but northern ports’ growth rate eases
A GLANCE at northeast Asia’s container terminals figures for the start of the year shows there is no let up in the Chinese juggernaught, write Marcus Hand and Sam Chambers.
- Volumes on rise but NikkoCitigroup reiterates its call to owners for caution
THE most recent report issued by NikkoCitigroup’s Tokyo shipping analyst Naoko Matsumoto paints a rising volumes picture with Asia-Europe leading the way, though of concern to owners the word “caution” is increasingly employed in the report, write Marcus Hand and Sam Chambers.
- Hirayama to head up Intra-Asia forum
KINICHI Hirayama, the president of NYK Group subsidiary Tokyo Senpaku Kaisha (TSK Line), has been elected chairman of the Intra-Asia Discussion Agreement.
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| JULY 6, 2004 |
- US detentions - update
OF 1,278 foreign-flag vessels making port calls in the US between 1 July and 2100 Eastern time on 5 July, 42 were denied entry and another 38 detained in port, the Coast Guard told Sea-Sentinel this morning
- Thumbs up for minister Alvarez
SPANISH shipowners’ association Anave has praised the country’s newly installed public works minister Magdalena Alvarez for agreeing to reform maritime legislation
- Kolkata port cuts charges further
KOLKATA Port Trust has again reduced port-related charges by 40- 60% for container cargo and 15-40% for break-bulk cargo handled at the Kolkata Dock System
- Russians missing after collision
MARITIME search crews from Russia and Bulgaria are still searching an area of the Black Sea about 30km off Cape Shabla for two Russian seafarers
- Motorway madness, says Madrid
SPAIN'S new public works minister has revealed there are disagreements with the French government over how 'sea motorways' should be set up
- SCI in LNG partner negotiations
SHIPPING Corp of India, the only Indian player in the LNG sector, is in talks with prospective international partners to float joint ventures for LNG transport
- NCL bids Aloha to Hawaiian cruising
- Coal handling in Goa
- Search on for Laem Chabang bidder
- Yukos faces tax crisis
- Dock worker killed in container accident
- Two dead in Japan yard accident
- Concor to run box trains to Nepal
- PONL cuts trans-Tasman capacity
- Korea lines up more shipping funds
- China urged to move on compensation
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| JULY 6, 2004 |
- LA-Long Beach digs out of box jam
Nation's busiest import gateway gets back to work after longshoremen return from long July 4 holiday.
- Few ships caught in ISPS snare
Out of 1,278 port calls, U.S. Coast Guard restricts 42 foreign vessels that did not comply with International Ship and Port Facility Security Code.
- First-half surge for Shenzhen
- Seaway opened strongly
- Trucker protest continues at Miami
- Foltz named COO of Georgia ports
- New UK container hub planned
- FedEx unit adds US-Hong Kong charter
- Safmarine upgrading India sub-continent service
- DHL unveils cost-estimating tool
- United to launch Chicago-Shanghai flights
- Congestion choking India port
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| JULY 6, 2004 |
- Nigerian Port privatisation gathers momentum
Subsequent to a high profile meeting in June, momentum for the privatisation of the Nigerian ports sector is gathering at an unexpected pace.
- Angry P&O rues Melbourne's 'third container terminal'
P&O Ports is concerned that the Victorian Government is talking up the container capacity at the Port of Melbourne Corporation (PoMC) and Westgate Ports’ new multi-purpose terminal at Victoria Dock.
- Stolpe plans €600m Maut cash bonanza
- Chinese ports post significant H1 volume growth
- New IADA president promises shippers an open debate
- Full AMS enforcement from today says Bonner
- Concor to run trains between India and Nepal
- Pacific National gets Freight Australia takeover nod
- HMM to issue another W70 billion (US$43.4million) in bonds
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| JULY 6, 2004 |
- Genmar closes refinancing
Low-amortising loan replaces three higher-priced facilities.
- Hamburg Sud turnover up 13%
The owner of Hamburg Sud says a takeover of Hapag Lloyd is "not do-able" at the expected price levels.
- Teekay announces dividend
Canadian owner declares payout of $0.125 per share.
- NCC signs $160m loan
Facility will meet 80% of cost of owner's chemical carrier series at Hyundai Mipo.
- Tanker stocks mount recovery
Knightsbridge and Nordic American hit 52-week highs after temporary blip.
- Short sea getting bigger
European drive to shift cargo from trucks to ships is paying off.
- Futures brokers quit
Three derivatives brokers leave SSY and one quits Clarksons in Singapore.
- Fesco boxships signed up
China newbuildings will be among the most advanced ordered by Russian owner.
- Gorthon ship finds buyer
Twenty eight years old forest products carrier with broken crankshaft is sold for undisclosed amount.
- Liberian ore heap on the move
Chinese demand is bringing abandoned iron-ore stockpiles back to life.
- ONGC details shipping plan
Indian oil and gas company boss Subhir Raha eyes up tanker and LNG carrier tonnage for new fleet.
- Crane crash kills one
And injures 31 at Keppel Cebu Shipyard in the Philippines.
- Box casualties plague Charleston
A longshoreman was pinched between boxes on the MSC Alexa while a colleague onshore lost his life.
- GNV not for sale
Grimaldi group rules out takeover of cruise ferry operation by Permira venture capital funds.
- Livestock ship towed into port
Loaded vessel calls for assistance while off Napier, New Zealand.
- Halim Mazmin gets share nod
Malaysia’s securities commission gives blessing to owner’s plans to improve share liquidity.
- Russian cargoship sinks
Two missing after vessel collision in the Black Sea off Bulgaria.
- Flekkefjord seals UK order
Britain’s Natural Environment Research Council opts for replacement ship at Norwegian yard.
- Van Oords take control
Dutch dredging dynasty exercises agreed option to assume majority stake in industry giant.
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| JULY 6, 2004 |
- Maersk Sealand adds 9th transpacific link
- Grand Alliance starts Asia/U.S. East Coast service
- Senator shifts liability for cost of ISPS-related port closures
- CMA CGM sets up agency joint venture in South Africa
- CMA CGM acquires French forwarding company
- PD Ports to join stock market
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| JULY 6, 2004 |
- Maersk Tankers sells aframax at a super-price
A. P. Møller-Mærsk’s tanker divison has made another piece of nice business with the sale of one of the ...
- 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 ...
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