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21 September 2020 The on-line newspaper devoted to the world of transports 12:27 GMT+2

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The Business Timesweb site
OCTOBER 7, 2004
Shipping News
  • NT$400b plan to develop Taiwan ports, rail system
    TAIWAN's government plans to spend NT$400 billion in the next four years building railway lines and expanding ports to improve the island's public infrastructure, according to the Transport Ministry's Budget.
  • Two cargo ships collide in S'pore waters
    THE waters of Singapore saw another mishap when two ships collided early yesterday morning just 5.5 km south of Changi, despite warnings given by the vessel traffic information service .
  • Plutonium ships dock despite protests
    TWO ships carrying a transatlantic shipment of US plutonium arrived in a port on the northwestern French coast yesterday.
  • NYK to raise spending on new ships by 30%
  • Cosco Pacific eyes Antwerp terminal investment
  • Shipowner to pay US$1.5m in spill compensation

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Sched Netweb site
OCTOBER 7, 2004
  • China Shipping holds ceremony for new European HQ
  • Major China trade and logistics conference to be held in US
  • Safmarine to deploy third Europe-West Africa newbuild
  • DHL strengthens GIS Centre in Asia Pacific
  • Jurong Port registers record growth
  • Conference speakers renew calls to beef up maritime security
  • Schenker celebrates 25th anniversary with launch of `Skybridge'
  • SIA sells stake in Air New Zealand
  • WOW alliance cargo planes to offer Dangerous Goods service
  • Continental to fly direct from Laredo, Texas to Mexico City
  • EGSAC appoints new vice president

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Exim Indiaweb site
OCTOBER 7, 2004
  • MOL extends PCC services out of India to East & S. Africa
  • Top global retailers to insist on EPC tags on consignments
  • ISEC to import 90,000 tonnes of raw sugar from Brazil
  • India, korea should aim at annual trade of $ 10 bn in 3 years, says Kamal Nath
  • Patent on Indian wheat variety revoked
  • BHEL bags Rs 115-cr. order to supply compressors to Oman
  • Congestion at Pacific ports on the rise
  • CoPT moves swiftly into action, clears congestion at RGCT
  • MbPT hikes stevedoring rates
  • Task Force holds 1st meeting in city
  • Commerce Ministry meet in Delhi searches for JNP congestion answers in vain
  • ICD-Sanathnagar clocks 36 pc rise in booking export containers
  • CONCOR constrained to suspend handling operations at ICD-Coimbatore due to rail link disruption
  • CSLA, IPBCC move to impose congestion surcharge at JN Port
  • Norms on valuation of corporate assets to be framed
  • Govt reviews metal scrap import policy
  • Meeting to review Press Note 18 today

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The Bunker Bulletinweb site
OCTOBER 6, 2004
  • Crude stays firm as US distillate stocks shrink
    Threat of a Nigerian oil strike and low distillate stocks ahead of the northern hemisphere winter keep record crude prices supported.
  • DOE/API: Crude stocks show modest gains
  • South Korean refiners eye bunkers as export returns dwindle
    At least two of South Korea's five refiners consider cutting November fuel oil exports due to negative margins, hoping to achieve better returns in the country's bunker market.
  • South Korean prompt dates improve as demand drops off
  • Piraeus IFOs stable in the face of bullish crude
  • Australia: Shipowner fined for fuel oil discharge
  • Rotterdam rising further with crude
  • Crude reaches new heights as supply worries persist
    Crude oil prices on both sides of the Atlantic have reached new records as supply concerns continue to weigh heavy in the wake of Hurricane Ivan.
  • No report of oil pollution following Singapore collision
    MPA reports no oil pollution after a collision between two vessels in Singapore waters which resulted in damage to both vessels.
  • USGC cargo prices soar, avails tight for weeks
    Arbitrage opportunities from USGC to Caribbean and Central America, good bunker demand, refinery turnarounds and increasing coker margins see avails dwindle.

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Marine Logweb site
OCTOBER 6, 2004
  • Polar Adventure enters service
  • Frontline buys 1992 Suezmax

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World Wide Shipperweb site
OCTOBER 6, 2004
  • Port of Longview celebrates opening of new rail corridor
  • Connie Awards going to Raymond and Arena
  • Fraser River Port sees tonnage gain in '04
  • UPS plans to purchase Menlo Worldwide Forwarding
  • AAPA taps Gary LaGrange as 2004-05 board chairman

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Lloyd's Listweb site
OCTOBER 7, 2004
  • CSCL in boxship breakthrough with domestic 8,000 teu order
    CHINA Shipping Container Lines is close to signing a landmark order on the mainland for the first domestically-built 8,000 teu class containership, the missing arrow in the quiver of Chinese shipbuilding.
  • IACS flags six month delay on common shipbuilding rules
    NEW global shipbuilding rules for safer strong ships may be delayed by up to six months due to a deluge of technical questions about their implementation.
  • Kühne & Nagel boss eyes bigger buys
    SWISS logistics giant Kühne & Nagel is keen on more acquisitions on a bigger scale than deals now under discussion, according to majority owner Klaus-Michael K'hne, writes Herbert Fromme in Cologne.
  • Global Marine takes refuge in administration
    GLOBAL Marine, the troubled Chelmsford-based cable laying specialist, has gone into administration, the company confirmed yesterday.

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Fairplayweb site
OCTOBER 6, 2004
  • Izar workers clash with police
    VIOLENT clashes between Spanish shipyard workers and police broke out today in Seville, Southern Spain during a further day of strike action organised across the country
  • Miami box backlog reducing at last
    MIAMI'S port and its terminals are finally recovering from the effects of a summertime hauliers' strike after four hurricanes delayed handling of the container backlog
  • Cherbourg escapes without incident
    THE shipment of American military plutonium expected in Cherbourg arrived at the French port this morning without incident, local sources have reported
  • New evidence in Stolt-Odfjell case
    A DOCUMENT filed in a US court sheds new light on the origins and development of the Stolt-Odfjell price-fixing scheme
  • Wrecks hinder Iraq port access
    ACCESS to Iraq's ports is being blocked by over 280 wrecks, identified by a UN survey which says 40 major wrecks should be removed immediately
  • IMO concerned over criminalisation
    THE issue of seafarers being detained ashore after accidents is of great concern, IMO chief Efthimios Mitropoulos told the ISF Manning and Training Conference today
  • St Petersburg box throughput
  • Malta's Freeport agreement signed
  • KoGas set to award LNG contracts
  • Norway reviews its tonnage tax
  • Backlogs continue at LA ports
  • Container ship rescues ditched pilot
  • Nenaco restructure approved
  • Protesters halt live animal shipments
  • Gazprom prepares for LNG
  • French port blockade lifted

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The Journal of Commerceweb site
OCTOBER 6, 2004
  • Senate kills box security amendments
    Lawmakers eliminate more than two dozen amendments to National Intelligence Reform Act, including proposal to increase cargo containers inspections.
  • CMA CGM acquires Med transship hub
    Addition of key container terminal consolidates line's position as dedicated port operating company.
  • High Court hears closely-watched NVO case
  • Interstate truck route re-opens
  • Seaboard guilty in hazmat case
  • BNSF completes Transcon double-tracking
  • Firms urged to upgrade supply chain security
  • Hamburg Süd bumps Europe-S.America rates
  • Carriers postpone Indian port surcharge
  • Cargo 2000 expands to Germany
  • Railcar maker Greenbrier tabs chairman
  • New hires fail to ease LA jam

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Containerisation Internationalweb site
OCTOBER 6, 2004
  • Dutch dockers score in battle with government
    Dutch dockers are claiming at least a partial victory in their battle with government to maintain their working conditions following a Hague court ruling yesterday.
  • Taiwan frees up for trade
    Taiwan will have at least five free trade ports by mid-2005 to enhance the island's competitiveness in foreign trade, said a Council for Economic Planning and Development (CEPD) official.
  • 'Happy days' for owners despite flat market
  • Second Singapore collision damages MSC vessel
  • CPR and Norfolk Southern seek trackage rights approval
  • New intra-Asia service linking Korea, Singapore and China
  • K Line enhances transpacific services with newbuilds
  • Vancouver acts to reduce port pollution
  • Correction: NSICT congestion charge on hold

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TradeWindsweb site
OCTOBER 6, 2004
  • Paris MOU seeks cash
    Plea for financial help spark fears over independence of ship safety watchdog.
  • Olsen squeezes last drops from VLCC
    Anette Olsen looks set to get one last hot winter's trading out of a storage project.
  • Trasmed in top gear
    Spanish ferry owner wins deal to carry Peugeots and Citroens from France's Gefco.
  • ConocoPhillips starts Polar Adventure
    Oil company takes delivery of fourth out of five new US-flag tankers.
  • Beng Kuang to raise $2.3m
    Labroy subsidiary to issue 21m shares to buy machinery and equipment.
  • Nenaco clears court hurdle
    Struggling Philippine owner's 10-year rehabilitation plan gets green light.
  • K Line deploys box quartet
    Japanese giant to boost PNW service with new 4,000-teu panamax boxships.
  • Knudsen in ropax punt
    Private Bergen investors are buying a DFDS-operated ropax.
  • Pressure on Pomerania
    Another foreign-owned German yard is demanding more state subsidies.
  • SCI scotches dividend rumour
    Indian owner says no plans for payout at this time, despite expected leap in profits.
  • Earnings boost for Q Ship
    Qatari owner expects bigger nine-month profit after expanding tanker and gas fleets.
  • MacAndrews heads for Russia
    CMA CGM unit expands Iberian and UK services with transhipment to St Petersburg.
  • More bad news for Stolt
    Odfjell exec claims group continued alleged antitrust activity despite internal warnings.
  • Cash coup for Cosco Corp
    Singapore-listed bulker owner expects profits to increase in second half as shiprepair business grows.
  • USCG slams Romney act
    Intertanko gets Coast Guard onside in its fight against new Massachusetts oil spill legislation.
  • Yang Ming inks feeder foursome
    Taiwanese owner fills newbuilding slots at compatriot yard's Keelung facility until early 2008.
  • Norway to trim tonnage tax
    Guarantees for yards, a new tax rate for owners emerge from the country's proposed budget.
  • Oglebay plan rejected
    Judge declines to confirm reorganization plan due to concerns related to insurance for tort liabilities.
  • Frontline adds suezmax sister
    Norwegian owner buys 1992-built Marble following private share sale.
  • Pirates strike in Iraq
    Alarming development as armed robbers raid chemical tanker in southern container and LPG port.

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American Shipperweb site
OCTOBER 6, 2004
  • CKYH alliance adds 4th Asia/U.S. East Coast all-water service
  • Drewry predicts strong market until end of 2005
  • UPS acquires Menlo Worldwide Forwarding
  • Hellmann opens air freight facility in Shanghai
  • Indemnity provisions set for intermodal interchanges of equipment
  • FMC reviews 10 OTI applications, revokes 11 licenses
  • U.S. backs Namibia, South Africa rhino, leopard trophy export proposals
  • Maersk, Teamsters meet over truckers' grievances
  • Maersk, Maher seek immunity for New Jersey on-dock rail venture
  • Hutchison secures rights to run Thai box terminals
  • CMA CGM gets concession to operate Med hub in Malta

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The Scandinavian Shipping Gazetteweb site
OCTOBER 6, 2004
  • Tanker market through the roof
    The tanker market has had a strong start of the fourth quarter, and it seems to be a sustainable trend ...
  • Tonnage and wealth taxes to be reduced in Norway
    The Norwegian government will appoint a committee with members also from the industry to review the current fiscal system for ...

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