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| APRIL 13, 2004 |
Shipping News
- Ezra H1 profit swells 171% on strong charter rates
LOCAL offshore support and marine group Ezra Holdings surpassed its full year 2003 net profit in just the first half of FY2004, and says the outlook for its charter rates in the booming oil and gas sector will probably continue to improve for the next three years.
- Tech overdose could add to security woes
TECHNOLOGY is not the 'silver bullet' in the maritime industry's defence against terrorism, according to APL's security chief who also urged the World Customs Organisation to work towards harmonising container security regulations.
- Japanese consortium bags Subic Bay container port contract
A JAPANESE consortium composed of Penta Ocean Corp, Shimitsu Corp and TOA Corp was recently awarded the contract for the development of the Subic Bay International Container Port after it bested another Japanese consortium in competitive bidding.
- Indon fishing crew taken hostage off Sabah
ARMED men on speed boats intercepted a fishing vessel off the Malaysian state of Sabah and took three Indonesian crew members hostage, the Philippine navy said yesterday.
Air and Land Transport
- Air travel back to glory days in region: Abacus
ASIA's travel demand 'returned to the glory days' in February, as flight bookings more than doubled those a year earlier, according to the region's biggest travel reservation company Abacus International.
- Changi passenger traffic up in Q1
- Ryanair to stay in Belgium for transition period
- Vietnam Airlines flies more people in Q1
- Pentagon seeks use of foreign airlines for troops, equipment
- The cost of airline safety
Bulletin Board
- Bulletin Board
NICHOLAS Williams has transferred to the Singapore office of Charles Taylor Consulting from its Piraeus office after four years with the Standard Club Greek members.
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| APRIL 13, 2004 |
- SCT's 2004 volumes expected to rise to 2.2 million TEU
- HPH grooms future industry leaders with development programme
- Deborah Spero named Acting Deputy Commissioner for US Customs
- Hanjin Shipping strengthens China-North America services
- OOCL Qingdao enters into HK company's fleet
- Hatsu Marine awarded ISO 14000/EMS by MCA
- World Airways signs new deal with China AirlinesFedEx Express establishes Tianjin branch
- IATA forecasts hangover after Toronto terminal opening party
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| APRIL 13, 2004 |
- Lloyd Triestino upgrades ELS service with faster ships
- CP Ships to acquire Roe Logistics
- Hatsu Marine Ltd achieves ISO 14000/EMS accreditation
- China rail jam clogs ports worldwide
- AP Moller buoyed by box rates
- New Singapore-Durban service
- Strong freight growth drives K&N profits
- PTP volumes soar by record 27 pc in Q1
- Panalpina’s new logistics centre
- Shipping Ministry to review war risk insurance scheme, may lower premium
- Spectacular 75 pc surge in oilmeal exports during 2003-04
- Indian corn hits global market again: Exports may touch 10 lakh t.
- Exports from KASEZ touch Rs 1072.40 cr.
- Food & seafood exporters to US in hot water
- Jewellery exports to US poised to pick up
- 30,000 tonnes of wheat for Taiwan
- Eurocoton seeks Texprocil, ICMF help to extend textile quota abolition deadline by 3 years
- Mormugao Port takes prompt measures to contain coal dust pollution
- Porbandar port handles record traffic throughput of 14.49 lakh tonnes in 2003-04
- Railways derails small traders with new parcel order
- Star Freight, Jasvant B. Shah load live plants into reefer container at ICD-Sabarmati
- Forex reserves crossed the $ 110-billion mark
- PHDCCI: Swings in rupee not to hit exports
- Jaswant hints at further cut in Customs duties
- Bangalore Customs to launch new risk assessment scheme
- Liner shipping: Time for Asia to set rules, not follow them -By Andrew Craig Bennet
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| APRIL 9, 2004 |
- Rotterdam bunker sales on target for record year
Improved facilities and competitive prices see sales of HFO surpass 1 million tonnes per month for first time, says port authority bunker expert.
- Shenzhen traffic booming on China's export surge
New rail link to give further boost as Q1 volumes jump 30% to 2.78m TEUs, say port authority.
- Remaining fuel oil to be extracted from Prestige
Italian salvage company wins contract to recover oil from vessel's 3,800-metre deep resting place.
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| APRIL 12, 2004 |
- New Hollings' security bill passes committee
But proposed funding mechanism has been stripped out
- Acquisition in anchor chain sector
Washington Chain & Supply buys Lister Chain & Forge
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| APRIL 12, 2004 |
- TSA calls for expansion of Known Shipper database
- Port of Portland sees increase in containerized wheat shipments
- PDX noise study board plans public meeting for April 24
- Crowley Maritime taps Schlueter as Vessel Management Services V.P.
- US agencies sharing data with Mexican government
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| APRIL 13, 2004 |
- New Eurotunnel chief Maillot on mission to solve debt crisis
Eurotunnel’s new board will begin urgent talks with lender banks about a "global renegotiation" of the Channel Tunnel operator’s £6.2bn of debt.
- Fincantieri privatisation hits the rocks
PLANS to privatise Fincantieri have run aground amid widespread confusion and contradictory statements by senior management.
- P&O Nedlloyd prepares to go solo as trading starts Friday
P&O Nedlloyd could be spun off as an independent company by the end of this week.
- Container shortage in Asia bites
AN ACUTE shortage of containers in Asia is forcing shipping lines to take desperate measures as they make every effort to keep cargo moving, writes Janet Porter.
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| APRIL 8, 2004 |
- Incorrect manifest ruins cruise
HUNDREDS of passengers were stranded in Charleston, South Carolina yesterday when the US Coast Guard forced Celebrity Cruises’ Galaxy to leave port for several hours because of an improperly filed passenger manifes
- Talks continue at Daewoo Mangalia
TALKS between Romania's Daewoo Mangalia shipyard management and the union representing strikers have continued today in a bid to resolve a seven-day strike
- US labour deal on course
LONGSHOREMEN in the US continue labour negotiations with local ports following a 23 March general pact with East and Gulf Coast ports
- China now NY's top trade partner
THE Port of New York-New Jersey's internal forecast for 4% growth per annum has proven far too conservative
- Cash problems beset Northlink
FINANCIAL difficulties facing NorthLink Orkney & Shetland Ferries has led the Scottish Executive to order an early re-tendering of the contract to operate ferry links
- Shrewd LUKoil profits from deal
LUKOIL has arranged the sale of its fleet of river-sea class tankers to a Malta-registered company indirectly controlled by LUKoil management
- Pont Aven bow door problems
- Itajai port expansion approved
- Ferry terror link still open
- Tor Line starts Gdansk link
- SSW fails to satisfy Bremen
- TMN eyes bigger ships
- Tariff caps stay at Laem Chabang
- New Eurotunnel board sets agenda
- Chinese yards warned not to rush in
- China fuels CMA CGM results
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| APRIL 12, 2004 |
- New clean-air bills for LA-Long Beach
New bills in California legislature tie clean air to future growth, mandate daytime truck fees at nation's busiest port complex.
- No-strike pact for S. Korea ports
Government, transport companies reach agreement to ensure labor peace through the rest of the year.
- FedEx raises quarterly forecast
- RailAmerica to take charge for CEO retirement
- GeoLogistics taps former FedEx vet as CIO
- Investment to improve N.Y. Cross Harbor RR
- Crowley appoints VP of vessels
- STB approves CN’s Great Lakes buy
- Narrow increase for KCI air freight
- Houston multi-modal park purchased
- Singapore air cargo leads traffic
- Melbourne tops in Aus. air freight
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| APRIL 12, 2004 |
- Hanjin consortium on the verge of winning Korean port concession
Pyeongtaek Regional Maritime Affairs and Fisheries Office announced today that a Hanjin led consortium was the only bidder to operate Berths 5 and 6 at the Pyeongtaek port.
- Evergreen sets its stall out for Indian expansion
- NZ operator plans new feeder link
- Rotterdam box depot operator PCS builds bigger facility
- Sinotrans benefits from China volumes surge
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| APRIL 12, 2004 |
- Genmar on the up (and up)
Tanker owner hits record high as New York exchange gets back to business.
- Hudner back in the hunt
B+H Ocean says it has kicked off renewal and expansion with OBO buy.
- Pride of America work tendered
Bankrupt German yard which was building ship says it is best placed to complete job.
- Great Eastern ups tanker order
Indian owner increases newbuilding orderbook to 11 vessels.
- Bow Mariner survivor testifies
First of four crewmen goes before federal jury.
- NSCSA in clover
National Shipping Corp of Saudi Arabia expects to double first quarter profit.
- CSG bond sale gets green light
China Shipping Group to issue bonds and seek listing.
- NOL's Lim takes more stock
Singapore flag carrier’s group finance director lifts stake in company to over 2m shares.
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