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25 September 2020 The on-line newspaper devoted to the world of transports 15:49 GMT+2

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The Business Timesweb site
OCTOBER 8, 2004
Shipping News
  • Kuok carrier may buy part of MISC fleet
    MALAYSIAN Bulk Carriers, a shipping company controlled by tycoon Robert Kuok, said it may buy part of a fleet of bulk vessels from the country's largest shipping company, Malaysian International Shipping Corp.
  • Busy S'pore sea lanes a danger to shipping?
    ARE there too many incidents in Singapore waters? With Wednesday's accident just 5.5 km off Changi, this must be the question the shipping community is asking.
Admiralty Casebook
  • Vancouver port faces common law action
    DOES the common law impose a duty on a monopoly port authority to provide access to its port on terms that do not unfairly discriminate between users or do not unreasonably disadvantage particular users? This is the question that could go to trial in Canada following a decision by the Supreme Court of British Columbia last month to refuse to summarily dismiss an action by a port user.

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Sched Netweb site
OCTOBER 8, 2004
  • Dalian Port Group and NYK sign development agreement
  • HPH to develop six container terminals in Thailand
  • UPS to buy out CNF's Menlo Worldwide forwarding unit
  • CMA CGM acquires terminal in Malta
  • Orient Shipping to launch IDX service
  • Jiulongpo moves record 100,000 containers through September
  • Hamburg Sud to increase Europe-SA rate next year
  • Cargo demand increases in August for Korean Air
  • Lufthansa welcomes adoption of Cargo 2000 in Germany
  • UA to increase international flights, reduce domestic
  • Aloha to launch service between San Diego-Maui

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Exim Indiaweb site
OCTOBER 8, 2004
  • Winter oil demand projected to raise tanker rates in last quarter
  • SCI negotiating with BPCL, HPCL for bringing in crude shipments under new COA
  • NTPC to get $ 354 m from Korean Exim Bank
  • ADB to provide $ 6.5 bn aid over 3 years
  • Exports up by 26 pc in April-July
  • Textile machinery exports up by 29 pc
  • Crude oil imports record 12.2 pc rise in April-August 2004
  • Constructive, result-oriented steps suggested at Task Force meeting on decongesting JN Port
  • Railways considering 22 warehousing projects with private participation
  • PM promises major tax reforms in 2005-06 Union Budget
  • ...favours dedicated rail track for freight traffic
  • Govt may partially restore DEPB rates
  • Govt committed to developing 'Made in India' brand: Minister
  • PM fixes DEPB rates for steel at February prices
  • IFCs in SEZs may be exempted from securities transaction tax
  • World Customs Organisation's move to ensure terror-free sea trade
  • V. R. Sharma elected chief of Carpet EPC

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The Bunker Bulletinweb site
OCTOBER 7, 2004
  • WFS to offer online fuel purchasing - for jets
    US-based marine and aviation marketer World Fuel Services to enter strategic partnership designed to lower jet fuel costs.
  • New IMO-compliant sample storage system unveiled
    In the wake of anticipated new low sulphur emission regulations, UK-based equipment manufacturer unveils new bunker sample storage system.
  • SMP announces 2004 safety and security award winners
    United States supplier Buffalo Marine takes award for best barge contractor.
  • Singapore residual stocks rise again
    Residual stocks continue recovery from 12-month low, and even more arbitrage arrivals are expected in the next two weeks.
  • Venice avails blight otherwise well supplied Italian market
  • Suez avails severely restricted for October
    Avails now look like they will remain tight for all marine fuel grades for the balance of October.
  • Rotterdam firms on continued bullish crude
  • Six suppliers awarded full accreditation status by MPA
    Six bunker suppliers in Singapore were today awarded full accreditation status by the Maritime and Port Authority of Singapore (MPA).
  • Shipowner agrees to $1.5 million pay-out after spill
    French owners agree to $1.5 million compensation pay-out eight years after oil spill.
  • Mounting freight rates keep Europe-Asia arb firmly shut
    Fuel oil stocks in northern Europe are set to grow further with arbitrage opportunities blocked by surging freight prices.
  • LA prices soar as incoming cargoes dry up
    Redirection of arbitrage cargoes to Panama and refinery turnarounds contributing factors as IFO380 prices quoted as high as $240 pmt.
  • High bunker prices force fruit earning estimates down
    Rise in bunker prices contributes to US-based fruit marketer lowering earnings estimates for 2004.

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International Transport Journalweb site
OCTOBER 8, 2004
  • OHB Teledata and Truck24 become partners
  • EU Commission: green light for Austria's intermodal promotion campaign
  • TNT Logistics UK joins DLS for UK logistics bid
  • Black figures at last for SNCF
  • AirBridgeCargo launches new freighter services
  • Launch of DFDS' fifth ro-ro newbuild from Flensburg Shipyard
  • Rakkenes joins P&O Nedlloyd board

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Maritime Global Netweb site
OCTOBER 7, 2004
  • ESPO opposes new EC ports directive bid
  • Hutchison wins Thailand deals
  • Frontline raises US$15.7m to fund suezmax
  • ITF claims Dutch court "victory"

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Marine Logweb site
OCTOBER 7, 2004
  • Lamont Doherty acquires research vessel
  • American Superconductors and Northrop Grumman form alliance
  • Intermarine affiliate buys Houston terminal
  • AIS receivers to be mounted on NOAA data buoys

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World Wide Shipperweb site
OCTOBER 7, 2004
  • Schnitzer Steel sees record fiscal year income
  • Port of Vancouver, BC open despite labor woes
  • Greenbrier board taps Benjamin Whiteley as chair
  • Anthony's will operate restaurant in revamped Shilshole Bay Marina
  • Port of Bellingham marina at top EnviroStars level

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Lloyd's Listweb site
OCTOBER 8, 2004
  • Tanker share prices shatter records on rocketing rates
    SHARES in listed tanker owners climbed to new highs yesterday on record charter rates and the expectation of huge gains in earnings.
  • Stocks surge amid Hong Kong euphoria
    TRADERS saw a roaring day for shipping lines at the Hong Kong stock exchange yesterday, many stocks leaping more than 5%.
  • Espo in last-ditch move to block ports directive
    EUROPE'S seaports association has made a last-ditch appeal to the European Commission aimed at blocking publication of the latest directive on access to port services.
  • Doubt over Mangouras release hint
    SOURCES close to Apostolos Mangouras, master of the Prestige, have reacted cautiously to reports that he will soon be allowed to return to Greece pending trial in Spain.
  • GFI sets up dry freight team
    DERIVATIVES brokerage GFI has plundered London rivals SSY and FIS to build a launch team trading dry freight in London and Singapore, writes Neville Smith.
  • Global Marine set to axe six cableships
    GLOBAL Marine, the British shipping company specialising in subsea cable work, is understood to be on the verge of axeing six of its 15 cableships, as part of the administration process announced on Monday.

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Fairplayweb site
OCTOBER 7, 2004
  • USCG opposes state oil spill law
    COAST Guard officials are asking Massachusetts governor Mitt Romney to postpone enforcement of a new state law relating to maritime oil spills in waters adjacent to the state
  • Intermarine buys heavy-lift berths
    NEW Orleans-based Intermarine has purchased the Joe D Hughes terminal in Houston, Texas, from Halliburton subsidiary Kellogg Brown & Root
  • Olgebay fails to lift protection
    OLGEBAY Norton, the second-largest US Great Lakes shipping line, has run into a legal problem in its bid to emerge from bankruptcy protection
  • Bulker grounds in US
    THE 40,864dwt bulker Federal Pescadores grounded yesterday evening off Fort Lauderdale, Florida, while attempting to anchor
  • Balau jumps ship for Alianca
    CRISTOVAO Balau, president of Brazilian container terminal owner Libra Terminais, has shocked the local shipping community by leaving to join the Hamburg Sud group
  • Dim future for UK lighthouses
    A NUMBER of UK lighthouses may be replaced as part of the future strategy of the UK and Ireland's three general lighthouse authorities
  • Consultant slams unnecessary course
  • Portuguese point finger at PSA
  • NVO bills of lading in court
  • B&N and Gorthon to merge
  • French fine MSC Nicole
  • Fine for Great Barrier Reef pollution
  • Have your say!
  • Belgian manning sector improving
  • Belgian flag re-emerges
  • Heung-A seeks to exit receivership

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The Journal of Commerceweb site
OCTOBER 7, 2004
  • Edwards faults Bush on port security
    Campaigning In New Jersey, vice-presidential candidate says Bush administration sacrificing homeland security while spending billions in Iraq.
  • LA-Long Beach shorted on skilled longshore jobs
  • Rail issues pinch box handling at Port of NY/NJ
  • U.S. infrastructure biggest challenge to China trade
  • Tonnage tax gets panel approval
  • Stop razing warehouses, NY port exec warns
  • Majority support new contract, says ILA chief
  • "K" Line sets new U.S. all-water calls
  • Baragona new U.S. president of CMA CGM
  • Customs allows petro export drawback
  • Intermarine buys Houston terminal
  • U.S. files WTO complaint against Airbus
  • Japan lines ordering 600-plus vessels

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Containerisation Internationalweb site
OCTOBER 7, 2004
  • Quantity does not matter for the CSX tender
    Only players with global experience in port and terminal development will be able to get the CSX deal, said an analyst in Hong Kong.
  • German rail gets EC-backed state-aid
    The EC has approved German state-aid aimed at improving direct rail access at shippers' premises, the transport department in Berlin will now rapidly commission the planned links.
  • Heung-A applies to end the court receivership
  • Chilean docker fights for life after troop attack
  • NYK explores into further possibilities in China
  • Russian transport policy must focus on international integration
  • Japanese funds to expand Korean free trade zones
  • Osprey launches US Gulf service
  • German carriers increase Europe/ECSA rates
  • Upgraded Ipswich Tunnel handles first hi-cubes
  • Hutchison confirms Laem Chabang concession

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TradeWindsweb site
OCTOBER 7, 2004
  • Tanker stocks soar
    US-listed operators post across-the-board annual highs.
  • Somat doubles up
    Bulgarian owner plans to build another ferry for expanding Black Sea freight line.
  • No more spills
    Dutch minister Karla Peijs preaches the no more Erika or Prestige incidents gospel.
  • Famous old name makes return
    Gorthon and B&N aim to draw on grand Swedish tradition by calling merged group Transatlantic.
  • Kuok throws hat in the ring
    Malaysian Bulk Carriers says it is looking at MISC bulker fleet.
  • Volgaflot under spotlight
    Competition authorities examine Russian owner's river tourist trade.
  • Loading arm hits ship
    Bulk carrier trapped by collapsed conveyor at bauxite terminal.
  • Schroeder combs yards for candidates
    Germany's ruling party could tap Meyer Werft for a new parliamentarian.
  • Philippines gives shipping a push
    New law to boost domestic owners and yards, as well as improve safety.
  • Intermarine buys project terminal
    Halliburton has sold its Houston heavy-lift terminal to its biggest customer there.
  • Swedish partners re-unite
    Forestry products specialists B&N Nordsjofrakt and Gorthon Lines are merging again eight years after splitting up.
  • Gorthon investors eye premium
    Swedish owner's merger with B&N should represent increase in share price of smaller partner.
  • Bulker and boxship collide
    Singapore sees second collision in three weeks as Sincere capesize and MSC feedership clash.
  • Owner fined over Aussie spill
    Cairns court hands out $61,000 fine for 80km slick after hi-tech track down of offending bulker.

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American Shipperweb site
OCTOBER 7, 2004
  • Hamburg Sud raises Europe/South America rates
  • CMA CGM (America) names Baragona president
  • MacAndrews adds Russian link to intra-Europe network
  • United cuts domestic flights, redirects to international ones
  • Supreme Court hears oral argument in Norfolk Southern v. Kirby case
  • Academy of Sciences shoots down Corps' lock expansion study
  • USDA publishes voluntary security guidance for food truckers
  • EC allows $43-million subsidies for Italian road-sea links
  • Senate drops cargo security amendments from intelligence bill
  • Ex-Im Bank continues insuring exports to Iraq
  • Roper Industries acquires TransCore Holdings
  • U.S. cites dumping of South African aluminum
  • CLM elects Richards president
  • Senior Accenture executive appointed strategy director of Exel group
  • European ports ask EC to reconsider new port liberalization proposal
  • Intermarine group acquires Houston breakbulk terminal

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The Scandinavian Shipping Gazetteweb site
OCTOBER 7, 2004
  • Stolt in new, US anti-trust problems
    Information derived from a statement by the Odfjell chartering manager Erik Nilsen is being used by the US Justice Department ...
  • Concern for spill risks from Russian exports
    Willem de Ruiter, head of European Maritime Safety Agency (EMSA), has warned that the current provisions to cope with increased ...
  • Gorthon and B&N to merge
    The Boards of the Swedish shipowning groups B&N Nordsj'frakt and Gorthon Lines propose a merger of the two companies ...

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