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04 August 2020 The on-line newspaper devoted to the world of transports 12:32 GMT+2

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The Business Timesweb site
OCTOBER 12, 2004
Shipping News
  • KL tells foreign powers to keep off Malacca Strait
    FOREIGN powers must not dictate how Malaysia, Singapore and Indonesia protect the adjoining Malacca Strait shipping lanes from threats such as piracy and terrorism, Malaysia's deputy prime minister said yesterday.
  • PTP volumes in 9 months set record
    MALAYSIA's Port of Tanjung Pelepas said yesterday it handled a record number of containers in the first nine months this year, up 20 per cent on the same period in 2003 as surging global trade continues to push record volumes through the region's container terminals.
  • APL freight rates, cargo volumes still on the rise
    NEPTUNE Orient Lines said average freight rates and cargo volumes carried by its liner division APL continued to rise on the back of healthy global trade.
  • S'pore Aug bunker sales second highest
  • Bomb caused Philippine ferry blast: probe report
  • Shenzhen throughput may rise 20% this year

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Sched Netweb site
OCTOBER 12, 2004
  • NYK to implement measures to reduce emmissions from engines
  • Coastlink to tackle congestion at European ports
  • Tanjung Pelepas sets new record
  • New logistics park opens in Dalian
  • Cosco man urges Chinese logistics providers to raise competitiveness
  • Port of Tacoma's executive director to leave
  • Hactl sees sustained growth in air cargo volumes
  • China Southern takes delivery of A320
  • SIA Cargo voted best freight carrier

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Exim Indiaweb site
OCTOBER 12, 2004
  • MacAndrews names General Manager for Indian trades & US Owners' Representative
  • Safmarine names its third new Europe-West Africa vessel
  • OOCL Japan wins superior vessel award
  • Awards' direct LCL service to Cambodia
  • New board members for Royal P&O Nedlloyd
  • Jurong Port posts record growth
  • MOL opens Dalian branch office
  • BP Shipping orders up to 8 LNG ships
  • India is our single largest market, says Seacon's Director for Asia
  • BG waived for shipping lines handling over 5,000 TEUs
  • India, Thailand begin talks on 2nd phase of FTA
  • Fraport to invest $ 30 m in Indian airport projects
  • Govt tightens norms, allows import of metallic waste, scrap only in 'shredded & compacted form'
  • E-component exports record 56 pc rise in 2003-04
  • Port workers to observe 'action day' today
  • Dredging projects: Major Ports may be allowed to go in for market borrowings
  • Orissa govt invites Korean steel firm to invest in Dhamra port project
  • Minutes of the 1st meeting of Task Force Committee on decongesting JN Port
  • Five firms respond to tender to develop port at Gopalpur
  • Forex reserves up by $ 410 million to $ 1,18,769 million
  • Remove subsidies first, Kamal Nath tells rich nations
  • Income from sale of DEPB licences to be taxed, says CBDT
  • FDI proposals to develop core sectors will be cleared in a week, Chidambaram assures CEOs in UK
  • Heartening surge in commercial credit, reflecting industrial growth
  • 18 missing as cargo ship runs aground
  • Interactive meet with Chief Commissioner of Central Excise at IMC

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The Bunker Bulletinweb site
OCTOBER 11, 2004
  • Rotterdam MGO near $500 pmt as IPE crude breaches $50 mark
    Bunker prices in Rotterdam reach six-month high and distillate prices soar as European crude levels breach $50 a barrel mark.
  • PDVSA Deltaven to close for Columbus Day
  • Singapore sales for August second highest on record
    Port on target to exceed 23m metric tonnes in sales for year, almost doubling nearest rival's throughput.
  • New crude record drives up USEC cargo market
    NYMEX November crude exceeds $53 a barrel driving low sulphur fuel oil to near $33 a barrel.
  • Ex-FAMM trader joins London broker
  • NSI expands team
  • Rotterdam stable late morning
  • Novorossiysk: Bunkers found off-spec for flash point
    Market sources confirm off-spec bunkers in the port of Novorossiysk, but not all suppliers are affected.
  • Muted demand and better avails see Singapore bunker premium fall
    The Singapore bunker premium has dropped significantly over the past week, and could drop further, say traders.
  • Florida: Bunkers pumped from grounded vessel
  • MPA: No pollution reported after flaming vessel sinks
    A vessel which caught fire in Singapore's waters yesterday has sunk, but no pollution reported.

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International Transport Journalweb site
OCTOBER 11, 2004
  • Tideworks Technology and Camco Technologies team up
  • IRU: Road transport needs a legal framework for EDI
  • Fiege being investigated in Switzerland
  • Ground-breaking ceremony for new tri-modal container facility
  • Volga-Dnepr completes testing of loading/unloading equipment
  • Barwil expands into Malta
  • Kitty Hawk names new vice-president

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Maritime Global Netweb site
OCTOBER 11, 2004
  • Liner shipping still "on a roll"
  • Euro-flag ships make up 25% of world fleet
  • MEPC starts work
  • Skaugen back in profit

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Marine Logweb site
OCTOBER 11, 2004
  • Philippines brings charges in ferry bombing
  • More PSV orders for Aker Yards

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World Wide Shipperweb site
OCTOBER 11, 2004
  • Andrea Riniker stepping down as Port of Tacoma executive director
  • Port of Seattle wins award for web site excellence
  • Southwest Airlines jet supports Ronald McDonald House
  • WSF to boost security in wake of Coast Guard request
  • AAR expanding agreement with short line association

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Lloyd's Listweb site
OCTOBER 12, 2004
  • British port congestion dire says freight haulage group
    CONGESTION in ports worldwide has brought many supply chains to breaking point, with the situation in Britain 'particularly dire', the Freight Transport Association argued yesterday.
  • Rasmussen buys key 20% stake in Norden
    Norway's Rasmussengruppen has acquired a key 20% stake in Norden, the Danish bulk shipping group which has been surrounded by takeover speculation, writes Tony Gray.
  • Nigeria threats push Brent past $50 mark
    BRENT oil prices cruised over $50 a barrel for the first time in the International Petroleum Exchange's history on the back of strong crude demand and threats to supply in Nigeria, writes Martyn Wingrove.
  • Kuehne+Nagel and Sembcorp union dissolves despite China trade boom
    KUEHNE+NAGEL has agreed on the dissolution of its co-operation with Singapore's SembCorp Logistics.

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Fairplayweb site
OCTOBER 11, 2004
  • Boxship rates in stratosphere
    BOXSHIP fixtures have been thin on the ground recently because of holidays in China, although reports continue to abound of record charter periods and astounding rates
  • Chile protests focus on Iquique
    PORT traffic in Iquique, Chile remained at a standstill yesterday following a violent confrontation between the union and Navy troops on 5 October.... Full story
  • Most northerly port up for sale
    THE Russian State Property Fund is putting up for sale 100% of the shares in Egvekinot, the port closest to the North Pole.... Full story
  • Spanish ferry grounding
    THE Spanish ferry Bahia de Malaga ran into concrete cubes at the entrance to the Mediterranean port of Denia last night.... Full story
  • Rasmussen buys into Norden
    THE Rasmussen group, based in Kristiansand, Norway, has acquired a 20% holding in DS Norden, the Copenhagen-based bulk shipping company.... Full story
  • Chavez abruptly raises oil taxes
    VENEZUELAN president Hugo Chavez announced yesterday that he will raise oil royalties on foreign joint ventures from 1% to 16%.... Full story
  • LNG terminal at Ust-Luga
  • Gopalpur tender responses
  • Grounded bulker refloated in US
  • Korean steel prices to rise again
  • China returns to France for grain
  • VLCC spot market to go even higher
  • Brittany focuses on Cherbourg
  • Pelepas volumes hit new high
  • SembLog sells Kuehne & Nagel stake

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The Journal of Commerceweb site
OCTOBER 11, 2004
  • Senate OKs $32B for anti-terror bill
    Legislation, including $292 million for maritime-related spending, now goes to White House.
  • Measure set to ax export subsidies
    Tonnage tax and provision eliminating export subsidy program slammed by WTO survive Senate vote on Monday.
  • After Kerry-Edwards attack, Customs defends box checks
  • NOL volume, revenues grow
  • Intermodal powers U.S. rail shipments
  • EU reviving port deregulation proposals
  • Hamburg S¨d hikes South Seas fuel fee
  • Surge for Lufthansa cargo
  • EU pact boosts Vietnam WTO prospects
  • BNSF plans So. Calif. intermodal facility
  • New record boosts Hong Kong cargo
  • Pakistan plans to speed Karachi cargo

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Containerisation Internationalweb site
OCTOBER 11, 2004
  • February launch for Gold Star's Australia service
    A source close to Gold Star Line (GSL) has confirmed that a service operating between SE Asia and Australia will be launched in February following Chinese New Year.
  • NZ ports await Fonterra direction
    A new logistics strategy under development by New Zealand dairy giant Fonterra could see one or the other of the North Island's most competitive ports secure a massive volume growth.
  • US Customs enters container security election debate
  • UK port congestion the driver for shortsea forum
  • Rising labour costs sees Virginia raise its terminal rates
  • California congestion sees HMM change PSW and PCX calls
  • Rickmers orders four more ships from Dalian
  • Korean shipowners urge increase in Busan's draught
  • HK and the US unite to combat illegal textile shipments
  • Tacoma Port director retires

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TradeWindsweb site
OCTOBER 11, 2004
  • Brevik wins again
    Aker yard in Norway signs for another supply ship, this time with Bothun & Dokmo.
  • Norden lays out welcome mat
    Mogens Hugo Jorgensen looks forward to focusing on dry bulk moneymaking rather than takeover speculation.
  • Big box boost for Vietnam
    New port could cost $3.6bn, but handle 17m teu by 2020.
  • Rasmussen mulled Norden bid
    Norwegian shipping group came close to launching a $900m takeover offer for Danish bulk carrier owner.
  • Iran urges Kazakh partnership
    Iran is pressing for oil shipping joint venture with Kazakhstan.
  • Karachi to be sold?
    Struggling Pakistan yard interests Malaysian buyer as government mulls options.
  • USCG leads bulker salvage
    Authorities were last night attempting to salvage a handymax bulker aground off Port Everglades.
  • Dag Rasmussen to the rescue
    Norwegian shipowner spends $180m to be white knight champion of Danish bulk carrier company Norden.
  • PTP sets new high
    Up and coming Malaysian container terminal claims its highest ever nine-month throughput.
  • Hands off!
    Malaysia warns it will brook no overseas interference over policing of Malacca Straits.
  • ST Marine seals Kuwait deal
    Singapore shipbuilder to construct dual role multi-purpose vessel for Kuwait's Ministry of Interior.
  • VLCCs still surging ahead
    Rates expected to keep on climbing from massive World Scale 200 as tonnage remains extremely tight.
  • US Shipping rated BB-
    Standard & Poor's declares its view on Jones Act tanker company's public offering.
  • Japan orderbook tops 40mgt
    Newbuilding backlog soars to historic high as ordering bandwagon shows no sign of slowing.
  • Thoresen takes Lucky Moon
    Thai shipowner dips into the secondhand market to pick up late 1980s-built general cargo vessel.

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American Shipperweb site
OCTOBER 11, 2004
  • U.S. House tax bill includes goodies for U.S. maritime industry
  • Yang Ming plans to order another five 8,200-TEU boxships
  • Deutsche Post brings mail products under DHL umbrella
  • Menzies loses regional executive
  • China Southern gets new Airbus A320
  • BNSF expands more track for two-way train traffic
  • CSX train accident causes minor derailment
  • Exel buys Chilean logistics firm
  • U.S. backs trade restrictions on ramin
  • DaimlerChrysler selects GlobalTrade compliance software
  • Mallory Alexander opens first office in Asia
  • Panama Canal denies having reached capacity limits
  • Tanjung Pelepas records 20% growth in first nine months
  • New World Alliance tests empty Amsterdam marine terminal
  • Riniker resigns from port of Tacoma

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The Scandinavian Shipping Gazetteweb site
OCTOBER 11, 2004

  • The largest steel producer in Europe, ThyssenKrupp, and the U.S investment group One Equity Partners have decided to merge their ...
  • North Atlantic PSSAs discussed this week
    IMO's Marine Environment Protection Committee (MEPC) meets this week to review proposed protective measures associated with PSSA (Particularly Sensitive Sea ...
  • Appeal on charges of paying off Easy Line
    Scandlines is not in the clear after all in the matter of paying off Easy Line for stopping traffic to ...

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