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| JANUARY 8, 2004 |
Shipping News
- No order to close Jakarta terminals, says Hutchison
INDONESIA's anti-monopoly agency has reportedly demanded that Hong Kong port operator Hutchison Ports Holdings shut down both its two Jakarta joint ventures, allegedly for unfair competition.
- Rotterdam in talks on 2.3b euro port expansion project
THE Dutch government will start talks with the city of Rotterdam and port authority today on financing a 2.3 billion-euro project to expand Europe's largest port.
- 133 ships released after rectifying safety defects
ABOUT 133 ships were released in November after being detained at European, Russian and Canadian ports for failing safety inspections, according to the Secretariat of the Paris Memorandum of Understanding on Port State Control.
Air and Land Transport
- World either lauds or lambasts US for new security measures
NO one would dare to seem soft on terrorism these days.
- No loitering near toilets - in the name of security
- Airlines, govts prefer lid kept on safety checks
- Boeing's deliveries fewer than Airbus'
- Russian airline to start service to Taiwan
Newbuilds
- Tighter newbuildings market likely
LAST week Hyundai Heavy Industries boss Choi Kil-seon said newbuildings orders would be down this year compared to 2003.
Port Shots
- Port Shots
STX Shipbuilding Co, a South Korean shipbuilder, won an order worth as much as US$128 million to build as many as four tankers to carry oil or chemical products for Turkey's Dunya Denizcilik ve Ticaret AS.
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| JANUARY 8, 2004 |
- U-Freight building presence for Pearl River Delta boom
- Regal Logistics expands operations
- Guigang Port rises to become China river star
- USL's first ship heads from China to Long Beach
- Aussie ports could miss ISPS deadline: Minister
- New appointments at IMO
- New secretary for Indian Railways
- Continental hits record traffic for December
- Low visibility prompts changes
- China Airlines to put Internet on flights
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| JANUARY 8, 2004 |
- MoS prescribes norms in fresh attempt to develop int’l container terminal at Cochin Port
- GE Shipping’s PTCs get highest Crisil rating
- India, Brazil & S. Africa agree to work on controversial WTO issues
- US keen to forge ties with small Indian firms
- Kerala govt to hold investors’ meet in mid-Feb. on Vizhinjam port project
- Trading units in EOUs granted excise, customs duty exemptions
- All EOU goods sales in DTA to attract import duty: CBEC
- Govt plans to prune peak customs duty by 5 pc
- India prepays $ 2 bn to World Bank
- Safta to bring about free trade, lower tariffs in member nations
- IMC’s global telecom summit from today - focus on PM’s call to bridge digital divide
- H. K. Dash takes over as Vice-Chairman & CEO of Gujarat Maritime Board
- Major maritime show slated for November
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| JANUARY 7, 2004 |
- O.W. Bunker announces opening of Antwerp office
The O.W. Bunker Group today announced that it has opened a new branch in Antwerp, named O.W. Bunker (Belgium) N.V, strengthening the company's position in the ARA bunker market.
- Bearish US data fails to push market much lower
Bunker prices, and in particular marine distillates, have soared this week. The latest US inventory data should see some of these recent gains reversed, however the crude market rebounded after heavy losses in the wake of the data to trade neutral to firm. Distillate futures have remained soft - which may signal a break in the recent surge in marine distillate prices.
- DOE/API show huge US product builds, crude stocks low
Both reports showed massive gains for distillates in particular and continued solid builds in gasoline stocks, counteracting the bullish effect of low crude stocks. DOE data now show that US crude stocks are below "minimum operational level".
- New year brings record turnover and new barges to Fujairah
ENOC's two new 60,000 transport vessels are now operational. In addition a new 7,000 mt capacity barge is now on order to boost the company's current fleet from four to five delivery vessels.
- Fujairah: Moderate IFO gains despite high demand
It looks to have been a busy day in Fujairah, with numbers not looking to have been affected too much by crude and cargo rises that have seen markets in other regions rise quite substantially over the last two days.
- Saudi posted prices up in line with regional trends
- Greece: Upward momentum slows - but only a little
- New trader at Cockett Marine Oil Limited
- Rotterdam stays firm with operational tightness
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| JANUARY 7, 2004 |
- Tordenskjold cement carrier deal ready
- "Panam Serena" blast kills one
- Greek ferry arrives at Fosen Mek.
- Another Turk for Bergen Tankers
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| JANUARY 7, 2004 |
- US seeks IMO standards for company security officers
- MOL takes shares in two more Omani LNG carriers
- Multraship to salvage toxic containers
- Crew ordered overboard on Christmas Day
- Tanker owners get Baltic voice
- Tug JV in China
- David
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| JANUARY 7, 2004 |
- MARAD plans meetings on National Defense Tank Vessel
Product tanker RFP in works
- China plans to put more crude imports on domestic flag tankers
Citing security concerns, officials seek to resrve 50% of crude imports for Chinese ships by 2005
- Promotions at TOTE
Two named VP's
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| JANUARY 7, 2004 |
- Bomb squad checks bag at Portland Airport
- MOL enters joint venture to build two LNG carriers
- Homeland Security Department awards aircraft missile defense deals
- "K" Line eyes Nagoya for new tugboat company
- International Maritime Organization
makes pair of executive changes
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| JANUARY 8, 2004 |
- Tung lets slip about 10th box terminal
FORMER shipping magnate and current chief executive of the Hong Kong Special Administrative Region, Tung Chee-hwa, has let slip details about a 10th container terminal, not due to be released until next month.
- Arison heaps praise on St Nazaire builders of QM2
CARNIVAL Corp, the world’s largest cruiseship operator, would have "no qualms at all" about ordering again at French shipyard Chantiers de l’Atlantique, chief executive Micky Arison said yesterday.
- Tasman Spirit engineer charged with suicide bid
POLICE in Pakistan have charged the Tasman Spirit engineer - who was hospitalised earlier this week - with attempting to commit suicide.
- Lloyd's List Annual Review 2003
AS 2003 dawned on a markedly uncertain world, the cold light of January revealed a climate which did not seem propitious for maritime industry growth.
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| JANUARY 7, 2004 |
- Fourth Royal Olympic ship arrested
ROYAL Olympic Cruises’ woes continue to deepen with the arrest of the Olympia Countess when it arrives in Durban tomorrow from its New year cruise to Mauritius and Indian Ocean islands
- P&O Nedlloyd's Williams to leave
P&O Nedlloyd has announced that executive director Barry Williams will be leaving the company in the middle of the year
- Have your say!
IRAN has the right mood and sufficient funding for economic renewal, says Fairplay in this week's Cover Story. Is Iran the next China? Have your say!
- NCL's Norway used for Pride crew
THE cruise ship Norway, now laid up in Germany, is to be used by Norwegian Cruise Line as a temporary floating hotel for the crew of the Pride of America
- Jakarta asks for security tolerance
INDONESIA has expressed hopes of flexibility in new US security rules after cruise ports implement new visitor identification procedures
- India works on port, ship security
INDIA’S shipping industry and ports sector are to be furnished with surveillance equipment in line with the ISPS Code
- Morris warns on security risk
- Further cost savings at P&O Ferries
- Prisco reports buoyant results
- Malta yard loses contract
- Australian sheep export rumours
- Dutch discussion on Rotterdam
- Boxship sinks off Shanghai
- Cargo removed from disgraced Winner
- Singapore will back PSA to the hilt
- Beijing encourages tanker owners
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| JANUARY 7, 2004 |
- Gain for BA cargo; KLM flat in Dec.
Continued recovery as British Airways shipments soared 15 percent from a year ago, but Dutch carrier saw flat traffic.
- Port of Houston gets Bayport permit
Corps of Engineers OKs $1.2 billion container and cruise terminal project.
- Hutchison in new Indonesia spat
Terminal operator says it's business as usual at two hubs despite government shutdown order.
- Marad chief boosts China hopes
- FedEx eyes Korea hub: Report
- Maritime will wrestle with anti-terror regs: Expert
- TORM profits to 'bulk' up
- United sets bankruptcy emergence date
- CN names chief of intermodal initiative
- India’s Nehru is region's top container handler
- TMM in contempt in KCS rail dispute
- Shipbuilding boom cools for S. Korea yards
- Long Beach hikes tariff
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| JANUARY 7, 2004 |
- Carriers disappointed with early Pacific rate negotiations
Carriers in the world’s biggest trade, the Pacific, are concerned that early contract negotiations are not delivering the expected increases, despite positive market conditions.
- PONL could de-merge within weeks
A de-merger of the Anglo-Dutch joint venture, P&O Nedlloyd (PONL), will almost certainly take place within the first quarter, probably in February, informed sources have told ci-online.
- Charter market sheds festive languor
- VSA confirms port shedding
- Fighting talk: PSA will compete with Malaysians on price says LKY
- Canadian westbound conferences set 2004 general rate increases
- HK Chief Executive: region to confront over-capacity with development
- Conliner thriving on partnership concept
- Empty drums a sign that toxic cocktail leaked into North Sea
- Second tug brought in to free the stranded Cala Panama
- Port of Spain starts Berth 7 expansion project
- Study endorses progress on ‘e-seals’ for containers, but warns development needed
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| JANUARY 7, 2004 |
- No cause confirmed in Panam Serena casualty
Badly damaged vessel remains listing in Sardinia as crew prepares to depart.
- Genmar shares explode
Mid-size tanker specialist closes at $19.05 after Georgiopoulos TV appearance.
- Tasman Spirit engineer arrested for suicide try
Pakistanis say Georgios Koutsos tried to take own life this week.
- Thomas Schulte orders at Aker MTW
German yard swipes lone boxship deal from domestic owner.
- It's in the mail!
Coast Guard not ready to term compliance 'low' on maritime security plans.
- Germans eye Varna bulkers
Talks on five small newbuildings due to kick off in Bulgaria this week.
- Prisco edges up profits
Russian tanker owner notches modest increase for first nine months of last year.
- Warnow "faces subsidy repayment claim"
EU could pursue EUR 100m of hand-outs, two years after German yard won back previous fine.
- Capesize bulker hype continues
Value on resales tops $60m but sky-high charter market can beat that.
- Fight proves costly for Maltese yard
Tunisian contract cancelled following attack on Malta Shipyards chief by workers.
- Izar job layoffs loom
No new commercial contracts in 2003 could mean temporary redundancies.
- China hastens drive to ship crude imports
Officials call on State Council for tax breaks and subsidies to boost tanker fleet.
- Vyborg clinches Kazakh contract
Russian yard says it will build four small tankers for Central Asia Shipping.
- Subsidy to boost GSI
China’s Guangzhou Shipyard has pocketed a grant for work carried out for the state last year.
- Balikpapan fast becoming piracy hotspot
Worrying trend for Indonesian key oil port as it suffers third pirate attack in less than two months.
- Cuban migrants saved by RCCL vessel
Eight men in US custody after Royal Caribbean cruiseship spots sinking boat.
- Iraqi ports moving in right direction
Efficiency, security and traffic levels are improving, but some headaches still remain.
- K Line expands towing empire
Japanese shipowner plans to launch new company in April to cover the domestic port of Nagoya.
- Teekay sticks with revised dividend
New York listed aframax giant maintains new higher quarterly payout to its stockholders.
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| JANUARY 7, 2004 |
- MarAd chief chief urges "favorable consideration" of Chinese carrier petitions
- Williams to leave P&O Nedlloyd
- Totem Ocean Trailer Express appoints Roberts, Morrell VPs
- Wallenius Wilhelmsen starts U.S/Middle East link
- North America West Coast/Australasia carriers skip ports
- Torm predicts higher tanker, bulk shipping profits
- FedEx initials 'framework for discussion' in Guangzhou
- New study details 3PL warehouse prices in U.S.
- CLM to fund popular "State of Logistics" reports
- U.S., Mexico discuss re-opening beef trade
- U.S. commits 30,000 metric tons of sorghum to Zimbabwe
- Houston gets permission for Bayport expansion
- Tung advocates extra container terminals in Hong Kong
- Bechtel National gets contract for Iraqi seaport, airport repairs
- Marine Terminals Corp.'s annual traffic tops 6 million TEUs
- U.S. Coast Guard revises deepwater port regulations
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