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| SEPTEMBER 14, 2004 |
Shipping News
- Shippers hit out at unfair practices of shipping lines
ASIAN shippers made another desperate call for regulatory protection against the 'monopolistic practices' of shipping lines yesterday and made a veiled threat to band together to fight for the abolishment of anti-trust immunity for liner conferences.
- Secure entire cargo supply chain: minister
THE port and shipping sectors will have to look at how cargo is assembled, packaged, placed in containers and transported across the world in the new security environment that is needed in the fight against terrorism, said Minister of State for Finance and Transport Lim Hwee Hua yesterday.
- Malaysia Int'l Shipping may gain on tankers
SHARES of Malaysia International Shipping Corp, whose tankers deliver about a tenth of US oil imports, may extend this year's 11 per cent gain as rising demand for fuel boosts the company's income from hiring out ships.
- Shenzhen port operators asked to pay surcharge
- HK port handled 8% more cargo in Q2
- Tanker rates may rise on increased hiring
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| SEPTEMBER 14, 2004 |
- Hong Kong sees second quarter throughput growth
- Shenzhen Port operators to face construction fee
- MCL boosts Russian service
- AADA to raise rates next month
- E-Freight Centre to open in Lion City
- China, Japan boost postal co-operation
- Major bonded area to be built in Xinjiang
- Air China expected to market IPO in October
- US Airways files for Chapter 11
- Kitty Hawk expands services to Mexico
- Lufthansa Cargo's global partnership programme attracts new members
- IACA of France joins EGSAC
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| SEPTEMBER 14, 2004 |
- Tramp ships making unscheduled commercial calls can be taxed, rules ITAT
- INSA wants cargo preference given to Indian flags
- Container vessel index set to vault over 1600 mark
- Export of engineering goods rises by 15-20 pc
- Mozambique gets $ 20 m Exim Bank credit
- MbPT logs 12.5 pc growth in cargo handling in April-Aug. 2004-05
- ...identifies 4 bulk terminals for privatisation
- Ahoy ! Major Ports latch on to idea of free trade warehousing zones
- PCHAA to make Pune an ex-im cargo clearance hub
- Forex reserves dipped to $ 1,17,522 million
- WB rates India as sound investment destination in South Asia
- Industrial production registers 7.9 pc growth in July
- Finance Bill gets President’s assent
- Banks need special treatment as industry, says RBI Dy Governor
- Adanis to set up castor oil refinery at Mundra SEZ
- Interactive meeting on ST Amnesty Scheme
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| SEPTEMBER 13, 2004 |
- Fuel oil still dominating new Chinese licences
As China moves towards market liberalisation, Beijing has granted another 15 fuel oil import licences, versus just two for crude oil and none for higher-value products.
- Brisk trading in stable Gibraltar market
- Oil rebounds as hurricane changes course
Oil recovers from Friday's losses on renewed hurricane concerns, escalation of Iraqi violence and speculation about developments at this week's OPEC meeting.
- SEAaT applauds new emissions trading platforms
Pressure group for the establishment of the introduction of ship emissions trading and abatement technology says new European emissions exchange platforms are way forward.
- Rotterdam softens with crude plunge, prompt supply tight
- New Europoort terminal in operation by 2006
Vitol group begins construction of the new Euro Tank Terminal in Rotterdam.
- Prestige: Fuel oil removal operation completed
Salvors working on extracting the remaining fuel oil from the wreck of the Prestige have completed the job weeks ahead of schedule.
- Singapore supplier receives accreditation certification
Another supplier and trader receives its TR8:2003 certificate for the provision of bunkering services in the port of Singapore.
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| SEPTEMBER 14, 2004 |
- TruckScout24 booming
- EU driving licence: dispute about validity
- New TNT China head office in Shanghai opened
- Paul Günther seeks investors for trailers
- Emirates switches to Boeing on Mauritius route
- Boston port sold in GBP 5 million deal
- Germany: national association of inland shipping re-elects board
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| SEPTEMBER 13, 2004 |
- Norway sets up new accident investigation body
- "Inspections help cut claims"
- MOL launches steam turbine simulator
- ILO Super Convention conference opens
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| SEPTEMBER 13, 2004 |
- Sparrow's Point gets ship scrapping contract
- DHS announces fourth round of port security grants
- BMT acquires B.C. naval architect
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- WTSA member carriers plan wastepaper rate boost
- CBP trade symposium will focus on security, facilitation
- Port of Tacoma boat tours set for next weekend
- DOT nod paves way for UPS' expansion into China
- Coast Guard reports damage to Columbia River navigation aid
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- Global hull discounts cost $1bn
MASSIVE price-cutting by super-cheap insurers is costing the global marine hull industry around $1bn, it has been revealed. Underwriters, mainly outside the traditionally dominating markets, are taking shares of hull risks at substantial discounts on business that ought to be boosting the total global premium, which is languishing at just under $4bn.
- Norden plans $60m payout to shareholders
DANISH bulk shipping group Norden intends to return more than $60m of its cash pile to shareholders by way of a special dividend.
- MOL tanker detained in Le Havre after oil slick spotted off Brittany
MITSUI OSK Lines tanker, Atlantic Hero , was last night in detention at the French port of Le Havre pending settlement of an expected €300,000 ($367,736) bail payment, for alleged pollution offences off the coast of Brittany, writes Andrew Spurrier.
- Mangouras lawyers keep up the fight
LAWYERS acting for Apostolos Mangouras, master of the Prestige, continue their efforts to have his bail conditions eased while he awaits trial, writes Brian Reyes in Gibraltar.
- Goblins lay out red carpet for Gokal
AS the London Bridge trains rumbled overhead, the Goblins gathered in a wine bar to welcome their former boss at the Gulf Group, Abbas Gokal - until recently detained at Her Majesty’s Pleasure for his part in the collapse of Bank of Credit and Commerce International.
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| SEPTEMBER 13, 2004 |
- Zapatero reassures Spanish workers
SPANISH prime minister José Luis Rodriquez Zapatero told shipyard workers in Bilbao yesterday that he would save their jobs
- Tramp ship taxation in India
INDIA’S Income-tax Appellate Tribunal has ordered that tramp ships which make occasional, unscheduled commercial calls are liable to be taxed in India
- 15 crewmembers rescued off Greece
THE Greek coast guard airlifted all 15 crew members of the small bulk carrier Ostria when vessel encountered rough weather off the Aegean island of Kassos
- Oil dumping engineers plead guilty
TWO engineers on the Gibraltar-flagged Kent Navigator have pleaded guilty to concealing overboard dumping of waste oil
- London Club claims at 20-year low
THE London P&I Club’s level of claims is at a 20-year low following a 14% fall in claims for 2003-04 compared with the previous year
- Cruiseship lifeboat drill accident
SEVEN seafarers were injured in a serious accident during a lifeboat drill on the cruise ship Empress of the Seas in Bermuda on 7 September
- French detain polluting Aframax
- Dredging delay at Stockton, US
- Tough challenges ahead, says Lim
- Singapore targets marine insurers
- Further strike threat at Auckland
- SNCM conflict in a stalemate
- FASC chairman blasts conferences
- Latin America yards set up alliance
- MSC confirms two-vessel order
- Collision captain was drunk
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| SEPTEMBER 13, 2004 |
- JoC postpones Breakbulk conference
- Storm Update: Gulf prepares for Hurricane Ivan
- Record ship jam for Los Angeles-Long Beach
- Green planning a must for U.S. box terminals
- Neptune Orient Lines revenue, tonnage climb
- Florida ports re-open
- Legislation would enforce U.S. trade laws
- TACA, USSEC bump rates up
- Customs testing truck e-filing
- Bill to test blast-resistant containers
- Va. Intl. Terminals to manage chassis pool
- U.S. complies with ruling in Canada lumber dispute
- Alameda Corridor traffic rises
- FedEx completes Parcel Direct buy
- Tripartite shippers call for deregulation
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- Asian Shippers unite to fight for better services
Asia’s shippers councils have banded together to seek protection from the ‘price-fixing’ practices of shipping ‘cartels’ and the abolition of anti-trust immunity for conferences.
- Waiver dispute could see feeder operators skip Bangladesh
- Panama seeks to reverse HPH’s terminal rent rebates
- Berlin launches Maut damages claim
- Chilean lines restructure fleets in cost reduction exercise
- MSC Gate given Baltic hub status
- Congestion a major issue, says NOL president
- Auckland may face further stoppages
- New capacity talk puzzles China-Australia carriers
- Sembcorp invests in Gwangyang logistics complex
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| SEPTEMBER 13, 2004 |
- No catches to fish deal
Stolt doesn't need bondholder OK to net Sea Farm merger.
- Crude awakening
OSG, Genmar and Stelmar lead the pack with record share highs in New York.
- Norden rewards shareholders
Danish takeover target uses new law to share out big first half profit from bulkers.
- Knocked for a LOOP
Hurricane Ivan forces shutdown of Louisiana tanker terminal.
- VLCC row rumbles on
Indonesian investigator finds "strong indications" that laws were broken in Pertamina's tanker sale to Frontline.
- Zapatero pledges to save Izar
Spanish prime minister sticks his neck out to promise yard workers that orders will be found.
- Japan detains 35
Shih Wei ship held during August among usual plethora of general cargoships.
- Malaysians buy into Jaya
Industrial group Sime Darby snaps up 30% stake in Singapore shipowner, with option for another 15%.
- Zim in sale and lease back deal
Israeli liner operator secures second two-ship sale and lease back deal worth $70m in five months.
- Oceanwide moves into Russia
Dutch crew agency expands into Russia with takeover of Marinex.
- Maanav Star aground off Kent
Indian registered general cargo vessel in unscheduled extended stay off UK east coast beach.
- BMT buys Canadian consultant
UK marine design and engineering group adds Peter S Hatfield’s offshore expertise.
- New route for Sasco
Sakhalin island owner starts new boxship service to Vladivostok.
- Not such a Lucky Lady
Elderly Eastern Mediterranean aframax spills oil after touching bottom off coast of Indonesia.
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| SEPTEMBER 13, 2004 |
- Tripartite shippers back EU immunity rules reform, end of THCs
- NIT League urges Senate to reconsider container tax plan
- China Shipping transfers mega-ship from Pacific to Asia/Europe
- U.S.-to-Asia wastepaper rates to rise U.S.-to-Asia wastepaper rates to rise
- Options in CP Ships to be traded
- Unions question Military Sealift Command's cargo ship contracts
- Alameda Corridor increases share of L.A.-Long Beach port traffic
- COAC weighs in on security, container seals
- CBP seeks input on expanding U.S. border checkpoints capacity
- U.S. considers retaliation against EU import duties initiatives
- White House authorizes Ex-Im Bank to U.S. support exports to Libya
- U.S. Trade Representative considers Serbia, Montenegro for GSP status
- PMA counter-sues Miniace
- U.S. provides $415,000 port security grant to Lithuania
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| SEPTEMBER 13, 2004 |
- Kongsberg employees against sale
Around 700 employees in Kongsberg Maritime, the non-military division of the Kongsberg Group, are against the sale of the ...
- Maersk Tankers leaves Tankers International
Maersk Tankers & Trampers will leave the tanker pool Tankers International in London during the spring in 2005. Maersk Tankers & Trampers ...
- Kystlink/Gotlandsbolaget proceedings starts 24. October
Court proceedings between Norwegian ferry operator Kystlink and Swedish Gotlandsbolaget begin on 24 October after Kystlink sued for a "significant ...
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