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05 August 2020 The on-line newspaper devoted to the world of transports 06:30 GMT+2

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The Business Timesweb site
OCTOBER 11, 2004
Shipping News
  • Shipping, marine stocks rise sharply
    A combination of buoyant freight and cargo rates, high oil prices and robust Asian export growth has sent shares of shipping and offshore and marine stocks surging by between 30 and 50 per cent this year.
  • Persian Gulf oil tanker rates hit record
    PERSIAN Gulf oil tanker rates to Europe rose to the highest in more than three decades as oil producers pumped faster, prompting companies to scour the market for ships to take on November cargoes.
  • S'pore offers annual maritime fellowships to Chile
    SINGAPORE is offering an annual fellowship for a graduate diploma course in maritime and port management to a Chilean student under a new maritime co-operation pact signed with the Latin American state.
  • Indon boat sinks in S'pore waters

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Sched Netweb site
OCTOBER 11, 2004
  • Zim Shenzhen makes maiden call at Shekou
  • Taiwan to invest US$11.7b on railway, ports development
  • HIT achieves lengthy productivity stint
  • Port of Oakland announces new maritime manager
  • WTSA to hike cotton transportation rates
  • S Korea, Singapore work towards wrapping up FTA
  • DPWN to place mail services under DHL brand name
  • West named human resources director for Port of Tacoma
  • Nankai bases China headquarters in Shanghai
  • Atlas Air, Polar renew contract with US Air Force
  • BA handles 13.6pc more cargo in September, recruits 200 extra staff

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Exim Indiaweb site
OCTOBER 11, 2004
  • Acme Container Lines Pvt. Ltd celebrates 1st anniversary today
  • Taurus Shipping awarded ISO 9001:2000 quality certificate
  • Chinese appetite for soyameal under watch
  • Trade with Trinidad & Tobago poised for growth
  • Texprocil-commissioned study sees plenty of room for humble cotton textiles in US
  • Govt eases norms for duty-free import of vanaspati from Nepal
  • Minister beckons Korean firms to invest in SEZs
  • Delay in issuing order on export schemes upsets Fieo
  • After 5 years, Libya reopens market for Indian tea
  • New Mangalore Port exceeds target; handles 15.77 m tonnes during April-Sept. 2004-05
  • MbPT adopts inspiring slogan
  • ICD traffic gains momentum at vct
  • NSCOWA sets rate condition for box transportation
  • Indian gold jewellery tantalises more foreigners
  • BCC&I to hold 4th int'l conference on 'Indian Ports & Shipping' on Dec. 9-10
  • Port Community EDI Update

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The Bunker Bulletinweb site
OCTOBER 8, 2004
  • Russian fuel oil export duty set
  • Huge utility demand sees Europe-US arb exploited
    500,000 mt of arbitrage headed to US from Europe as record high natural gas prices on both sides of the Atlantic forces bunker suppliers to compete for fuel oil product.
  • Launch of Portland bunker facility 'imminent'
    Construction of a new bunkering facility in Portland, on the south coast of England, is very near completion.
  • Baltic players ponder week-long lull in enquires
    Strong price gains seem to have put buyers off all week.
  • Rotterdam continues bullish tack
  • Indonesian fuel oil smuggled into Singapore market
    Sources in Indonesia told Bunkerworld today that reports in the Indonesian press last month revealing that an estimated 20% of Indonesian state oil company Pertamina's fuel oil is smuggled illegally into Singapore were probably an under-estimatation.
  • Tanker-owner share prices boom on surging oil demand
    Tanker-owner share prices boom amid surging demand for oil and a shortage of available vessels.
  • 'No sign' of abatement as $60 barrel looms
    Crude oil for November delivery up 1.3%, to close at $52.67 a barrel on NYMEX.

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Maritime Global Netweb site
OCTOBER 8, 2004
  • ITF officials face "mutiny" charges
  • American Club backs pilotage course
  • London River dredging plans published
  • Chilean ports face crisis
  • Baltic Exchange adds new tanker routes
  • Claims firms call for qualifications

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Marine Logweb site
OCTOBER 8, 2004
  • German yard merger deal signed
  • Busy session for IMO's MEPC
  • American Club initiates pilotage training for deck officers
  • Austal launches ONR technology demonstrator

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World Wide Shipperweb site
OCTOBER 8, 2004
  • Boeing looks for boom in Asian plane sales
  • Rail intermodal numbers continue at record pace
  • Crowley adding charge to cover security spending
  • Port of Tacoma taps West as human resources director
  • Port Commissions to discuss Vancouver, Portland agreement

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Lloyd's Listweb site
OCTOBER 11, 2004
  • ThyssenKrupp and HDW create one of Europe's largest shipyards
    EUROPE'S largest steelmaker, ThyssenKrupp, and One Equity Partners, the owner of Howaldtswerke Deutsche Werft, have agreed to combine their north German shipbuilding activities.
  • Giant visitor rounds off Malta Freeport's big week
    MALTA Freeport ended a landmark week with a second celebration when the CSCL Asia (above) arrived on Friday, writes Janet Porter.
  • Ceres Paragon terminal hosts first caller
    AMSTERDAM'S Ceres Paragon terminal welcomed its first mainline ship at the weekend when the APL Iolite berthed on Friday night.
  • VLCC resale 'shatters record in $125m deal'
    A VERY large crude carrier resale is reported to have smashed all previous price records, with Greek interests seemingly ready to pay $125m basis delivery 2005.
  • Move to cut west coast congestion
    As SEVERE congestion continues at the ports of Los Angeles and Long Beach, the stevedores handling Australia-US liner services are making new moves to keep down the number of boxes filling their facilities, writes Lloyd's List DCN in Australia.
  • Bush under fire on port security
    MARITIME industries took to the US presidential campaign stage last week as Democratic senator and vice-presidential hopeful John Edwards put the spotlight on container security in an attack on President George W. Bush, writes Rob McKay.
  • Hoverspeed sues customs for £50m
    HOVERSPEED, the cross-channel fast ferry company, has launched a '50m damages claim against Britain's Customs & Excise, arguing that its business has been hit by heavy handed searches of its passengers, writes David Osler.

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Fairplayweb site
OCTOBER 8, 2004
  • Chile ports shut after violence
    NINE Chilean ports have been shut by protests following a violent government crackdown on dock workers, according to the International Transport Workers' Federation (ITF)
  • Copper hit by Chile mine strike
    COPPER prices hit a 15-year high after a union official at the Codelco Norte mine said the supervisors union would definitely go on strike today
  • Congested Rotterdam loses ship
    CHRONIC congestion at Rotterdam's ECT terminal has prompted the New World Alliance consortium to schedule one its ships into the Ceres Terminal at Amsterdam
  • HDW merges with ThyssenKrupp
    GERMAN shipbuilders HDW and ThyssenKrupp yesterday finally signed an agreement to merge, and will form a new group controlled by ThyssenKrupp Marine Systems
  • Nenaco ordered to replace CEO
    THE Manila regional trial court has ordered Philippine operator Negros Navigation to replace its current president and CEO if it wants to continue its corporate rehabilitation
  • New strike threat in Martinique
    A STRIKE threat by CMA CGM foremen at Fort de France, Martinique, could lead to further unrest disrupting port operations
  • Philippine domestic bulker sinks
  • Ships collide outside Durban
  • SNCM in crisis restructuring
  • Fonterra may change NZ export port
  • US marine legislation passed
  • Russian Arctic oil shipments
  • Hoverspeed ups pressure on HM Customs
  • Jordan and Oman's maritime deal
  • Singapore & Chile sign maritime MOU
  • Seafarers killed in lifeboat drill

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The Journal of Commerceweb site
OCTOBER 8, 2004
  • House passes export subsidies bill
    Senate vote awaits legislation to repeal U.S. export subsidies deemed illegal by WTO.
  • Miss. River locks plan draws criticism
    New report says Army Corps of Engineers still hasn't justified plan for building new, longer locks.
  • New York cargo assessments rise
  • L.A. to rebid Terminal Island lease
  • FedEx rethinking Asia hub move?
  • BNSF to take charge, ups guidance
  • Comments sought on EU import procedures
  • Brunswick lands major paper shipper
  • KCS cleared to buy Mexican railroad
  • ITC slates hearing into foreign logistics markets
  • Malaysia could raise port service charges
  • Martinair expands Euro sales network

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Containerisation Internationalweb site
OCTOBER 8, 2004
  • Amsterdam's white elephant woos SCX partners
    This weekend APL's 5,016TEU APL Iolite, operating in the South China Express (SCX) service, will tranship about 2,000 containers at Amsterdam's white elephant, the Ceres Paragon Terminal (CPT).
  • Opposing market forces may cause freight rate uncertainty
    The Korean Maritime Institute (KMI) forecast that Asia/Europe freight rates will remain strong in Q4, but overall rates will start to fall in Q1 due to vessel capacity expansion.
  • GSL, Hamburg Sud and partners touted as latest SE Asia/Australia entrants
  • Dubai Ports forms Cochin development vehicle
  • Senator Edwards slams Bush on port security
  • Riga and Le Havre open discussions over co-operation
  • Gwangyang Port to hold port sales activities in China

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TradeWindsweb site
OCTOBER 8, 2004
  • Sovcomflot stays silent
    Deposed chief Dmitry Skarga still offers a warm welcome and promises top Russian shipowner will be transparent and trustworthy.
  • VLCC sold for $125m
    Embiricos books massive profit on re-sale to Gulf Marine Management.
  • US Shipping rated BB-
    Standard & Poor's declares its view on Jones Act tanker company's public offering.
  • Brit appoints Mander
    Lloyd's syndicate appoints former Navigators underwriter to reorganised marine team.
  • Dickinson sells Carnival stock
    Brand chief decides now is the time to offload 15,000 shares.
  • Token fine for Ukrrichflot
    Ukrainian owner pays small penalty for competition violations in river trade.
  • Skaugen expands from Yangtze
    IM Skaugen is entering a new Chinese trade while it loses US market share in crude lightering.
  • Gotland admits problems
    Grey eminence Eric D Nilsson's ties to Rederi AB Gotland are set to be cleared up.
  • Russia eyes Burgas business
    Government wants to cut cost of freight transport in Black Sea with another Bulgarian link.
  • SSY gets into spread swaps
    Broker bids to transfer panamax market liquidity into other areas of freight futures.
  • Hyundai claims land record
    Korean shipbuilder says new Novoship tanker is first ever built without a drydock.
  • Genmar hints of dividend
    Will last remaining US tanker owner finally share some of its spoils?
  • September shines
    Singapore clocks 20% increase in traffic over course of month.
  • Concor fancies boxships
    Indian container terminal operator mulls move into coastal shipping.
  • Five-year high for HMM
    Foreign merger rumours push up share price of South Korean owner.
  • German yard merger sealed
    ThyssenKrupp and One Equity Partners put pen to paper on HDW deal.
  • HIT hits capital markets
    Indonesia's Humpuss Intermoda lines up bond issue to fund break into boxships and bulkers.
  • Pac Basin seals bulker pair
    Hong Kong handysize player snaps up two more modern units from the secondhand market.
  • B+H inches into profit
    Reduced losses and expenses help US-based product tanker and OBO owner return to the black.
  • Fatalities on TCC cape
    Lifeboat drill gone awry leaves two dead and two seriously injured on Lowlands Grace off Australia.
  • CSG sends tanker for scrap
    China Shipping Group is using its own subsidiaries to send an older vessel for demolition.

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American Shipperweb site
OCTOBER 8, 2004
  • Greenhouse gas emissions from ships under IMO microscope
  • Hamburg Sud names second 5,552-TEU ship
  • Maritime adjusters body promotes profession
  • American Trucking Associations form intermodal unit
  • Mexican regulators approve KCS bid for Mexican railroad
  • IES Ltd. opens Hong Kong office
  • Wal-Mart readies next wave of suppliers for RFID
  • Merger talks between Christian Salvesen, TDG continue
  • outsources logistics to DHL
  • USDA backs help for salmon fishermen but not for blueberry growers
  • Tampa Port Authority buys box facility to expand
  • NYK uses smoke-suppression additives in Tokyo terminal
  • Port of Tacoma hires West to head personnel department

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The Scandinavian Shipping Gazetteweb site
OCTOBER 8, 2004
  • Marinvest sells product carrier to Blystad
    Göteborg based Marinvest has sold the 40,158 DWT product tanker "Maribel", built 1986 in Croatia, to Arne Blystad who runs ...
  • ESPO tries to block port directive
    The European Sea Ports Organisation (ESPO), which represents 800 seaports in the EU, Norway, Iceland and Bulgaria, tries to block ...
  • Hire an apartment onboard "The World"
    You can hire an apartment onboard the luxury vessel "The World" at NOK 15,500 (EUR 1,871) per day from Knut ...

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