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| JUNE 15, 2004 |
Shipping News
- WWL eyes Singapore as vehicle logistics hub for the region
OSLO-HEADQUARTERED ro-ro and vehicle logistics specialist Wallenius Wilhelmsen Limited is considering making Singapore its South-east Asia hub.
- China rail gridlock hits ports, industries
CRATES of car parts, truck tyres, bags of fish meal and chemical containers are piling up at China's largest freight marshalling yard with no rail wagons to take them anywhere.
- Panama Canal lane reopens after maintenance work
THE Panama Canal lane closed last week for tow track replacement at its Atlantic Locks was reopened on Wednesday, the Panama Canal Authority said.
Air and Land Transport
- MAS execs against passing domestic routes to AirAsia
MANAGERS and executives of Malaysia Airlines are strongly opposed to any move to take away domestic flight operations from the national carrier, saying the serious negative socio-economic implications must be carefully considered.
- High fuel prices force US airlines to focus on conservation
- Air Arabia to begin Saudi services
- Kuwaiti private airline's IPO oversubscribed
- Bahrain's new private airline told not to jeopardise Gulf Air
- Mystery shrouds 2002 small-plane crash
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| JUNE 15, 2004 |
- Hong Kong records 4.6pc rise in container throughput in April
- Foreign operators sought for new Shanghai port
- New World Alliance's US service to call at CCT
- OOCL gains ISSC certification for fleet
- Port of Oakland, SSA rename terminal
- P&O Nedlloyd to open office in St Petersburg
- Molex awards Panalpina for outstanding forwarding services
- Cathay to launch non-stop service between HK, New York
- TNT Express appoints new HK marketing services manager
- JFK voted best cargo-handling airport in N America
- Martinair names new Asia Pacific operations director
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| JUNE 15, 2004 |
- APL secures terminal rights at Chiwan Container Terminal
- MOL posts higher recurring profit
- 4th TOC 2004 Americas to be held in Santiago
- Chrome ore export quota frozen at 4 lakh tonnes
- G’nut oil exports may yield Rs 700 cr.
- Govt steps to invigorate chai industry soon - Not just lip sympathy for tea!
- Dragon’s entry sends ceramic manufacturers/exporters scrambling to Delhi with wish-list
- Bulk and liquid cargo to be NMP’s forte
- Mundra Port handles first-ever cargo of shredded scrap
- Registration to be made compulsory for freight forwarding companies
- Norms for recognising CHAs likely
- Rlys haul more, but miss revenue mark
- 11 AC rail coaches to be exported to Malaysia
- Forex reserves swelled by $ 1,243 million to $ 1,19,815 million
- Include export units in state SEZ Act, CEU urges Chief Minister
- Base price of edible oil may be lowered
- Fieo plea to treat exporters in DTA at par with EOUs
- ECGC to offer IT sector a special package
- Steel policy must give priority to SSIs, stresses AIAI
- Industrial production registers robust growth of 9.4 pc in April
- Foodgrains export policy likely in a week
- Silk exporters want higher DEPB credit limit
- Foreign Trade Analysis: Current Policy & Procedures
- ‘Beyond ISO 9000’ seminar at IMC on June 22
- ...80HHC seminar today
- WTI commencing PGDFT, PGDFERM courses today
- Satnam Overseas to expand
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| JUNE 14, 2004 |
- MD announces departure from Norwegian broker
- Hamburg bunker broker relocates
- Fujairah player secures double-hull barges and refinery storage
One of Fujairah's oldest independents has acquired old refinery site and taken crucial steps to meet new double-hull regulations.
- Bank Holiday curtails Gibraltar bunker market
- Malacca Strait bypass plan gains credibility
Pipeline proposal re-emerges, threatening to undermine Singapore's oil-hub status.
- US crude seen softer in Friday catch-up
Nigerian strike ends with no disruption to oil flow, but Middle East worries persist.
- Rotterdam weaker since Friday
- Malaysia calls for support over Straits security
Some of Singapore's bunker deliveries are done OPL and are therefore affected by various security issues.
- Bunker barge crew involved in daring sea rescue
The crew of a bunker barge were involved in the daring rescue of a sailor trapped in a capsized cabin in high seas last week.
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| JUNE 14, 2004 |
- ISPS Code compliance still well short with 2 weeks to go
- MOL in LNG ship JV with Sonatrach
- Second NCC Mekka fatality
- Indonesian Navy frees hijacked tanker, kills pirates
- Greece calls on Spain to let Prestige master go
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| JUNE 14, 2004 |
- Seabulk Offshore orders two more vessels
Will work offshore Angola
- Legislators could block Pertamina tanker sale
Jakarta Post reports political opposition to deal
- New management team at BIMCO
Successor for Truls l'Orange from January 1, 2005
- HSV2 completes U.S. Navy heavy weather trials
World first for commercial HSV
- Civil penalties for ballast water infractions
USCG publishes final rule
- Frontline swoops in VLCC newbuild resale
Two Pertamina VLCC's for $184 million
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| JUNE 14, 2004 |
- Northwest Airlines starts up Tokyo nonstop from Portland Airport
- A. Paul Anderson sworn in as Federal Maritime Commissioner
- Motor Cargo Industries opens Bend, Oregon office
- House Appropriations Subcommittee earmarks $3 million for Columbia Channel
- CBP finds cocaine stash onboard Stelmar vessel
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| JUNE 15, 2004 |
- Melchiors to succeed L’orange as BIMCO secretary general
DANISH shipping professional Carsten Melchiors has been appointed by BIMCO to succeed Truls W L’orange when he retires as secretary general of the Copenhagen-based shipping organisation on schedule on January 1.
- Frontline beats off rivals to snap up Pertamina VLCCs for $184m
FRONTLINE has swooped on two VLCC newbuildings from Pertamina for $184m, giving the Indonesian state oil and gas firm a profit of around $53m
- Bergesen triple LNG order leads boomtime at Daewoo
DAEWOO Shipbuilding and Marine Engineering has announced a slew of orders including the confirmation of a triple LNG carrier demand from Bergesen, the Norwegian firm’s biggest capital expenditure since it was taken over by World-Wide Shipping’s Helmut Sohmen last year.
- IndoChina in Norse Merchant ferry deal
THE technical management of the Norse Merchant Ferries’ fleet of 11 ships currently operating on the Irish Sea, the English Channel and Spain to Morocco has been awarded to IndoChina Ship Management (UK). The Norse Merchant fleet transferred into IndoChina’s management on June 1.
- Alstom buys back ex-Festival cruiseship Mistral for €131m
ALSTOM yesterday admitted that it was behind the €131m ($158m) purchase of the former Festival Cruises ship, Mistral, at auction in Marseilles last week, writes Andrew Spurrier in Paris .
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| JUNE 14, 2004 |
- P&O Nedlloyd in ship-share deal
GERMAN finance house Münchmeyer Petersen Capital (MPC) is offering shares in 14 Japanese-built container vessels that it purchased from P&O Nedlloyd for $660M. The ships, of 3,600-4,200TEU, will be chartered for 12 years by Hamburg-based Blue Star Chartering, which will sub-charter them to P&O Nedlloyd in London
- Grangemouth moves to boost box capacity
THE arrival of four straddle carriers at Grangemouth, Scotland’s largest container port, marks a further step in a $9M investment programme by UK port operator Forth Ports
- SEC investigates Nenaco
PHILIPPINE operator Nenaco may have engaged in misrepresentation when it filed its third-quarter financial report last year, according to SEC
- Bill to help US shipowners
LOUISIANA Congressman William Jefferson has proposed changing the tax structure on US flag vessels in an effort to increase the number of ships in the fleet
- New BIMCO management team
BIMCO will begin 2005 with a new management team at its Copenhagen headquarters following the scheduled retirement on 1 January 2005 of secretary general Truls L'orange
- US ballast water rules
BALLAST water rules for ships entering US waters were formalised today (14 June) by the US Coast Guard
- Sao Francisco projects pending
- NYK wins Korean coal contract
- MSC signs up with soaring Ningbo
- Camillo Eitzen IPO priced
- Oppenheimer buys into Hyundai HI
- NYK plans Pearl River car venture
- Pertamina accused of bribery
- Festival agency changes hands
- Tanker rates soar
- Labour dispute at Suape
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| JUNE 14, 2004 |
- IMO reports higher ISPS compliance
Governments, classification societies and international shipowners have increased the number of ships receiving security certificates, but ports lag.
- Hamburg Süd names CFO, N. A. execs
Carrier names Heino Schmidt, current senior vice president for Hamburg Süd North America, to its executive board.
- Customs tests ACE payments
- Moody's raises UPS rating outlook
- New pact for Port of Virginia, China Shipping
- NYK: China revenue to be over 30%
- Warning on Fla. port congestion
- Hong Kong, China plan transport links
- New Shanghai port to bid terminals
- Arzoon acquired by SSA Global
- Three killed in Indonesia tanker hijack
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| JUNE 14, 2004 |
- Volume growth expectations lead NYK to China service expansion
NYK is to add more Asia westbound services and reinforce its liner network from mainland China as part of a plan to strengthen links with customers, especially non-Japanese clients.
- FDA gets tough on data filing
- Legal threat galvanises US maritime industry to meet security deadlines
- Korean Customs shortens cargo handling time
- Busan to further deepen its major container terminals
- More rates and surcharges up in Aust trades
- Indian shippers ask Government to review private port operators
- Australia packages quarantine facts
- Zodiac takes delivery of 4800TEU containership
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| JUNE 14, 2004 |
- Pertamina loses $20m on VLCCs
Brokers say Pertamina newbuildings could have commanded bigger bucks but big name players locked out of sale.
- Crowley orders ATBs at Halter
A tanker player in the US Jones Act trade is increasing the barge portion of its products fleet.
- NYK bullish on China
Japanese giant forecasts more than 30% of revenues to come from China by 2007.
- Norway relents on ship tender
Details of LNG-powered ferry newbuildings to go out in English to give all yards a clearer shot at goal.
- Fredriksen bags VLCC resales
Pertamina sells two Hyundai newbuildings to Frontline for $184m in controversial deal.
- NYK seals Korea coal contract
Shipowner wins 18-year deal to ship commodity from Australia to thermal power plants in Korea.
- MISC starts new box service
Malaysia International Shipping Corp to kick off intra Asian route in Taiwan Straits area this month.
- Double detention sting
Ro-ro held for 74 days in UK is released and detained again on same day.
- Tanker hijackers shot
Three Aceh separatists shot as Indonesian navy recovers hijacked Pertamina handysize tanker.
- Fears over crew jumping ship
Over 100 seafarers have gone AWOL at ports in Australia since events of 11 September 2001.
- Nigerian strike suspended
Protest over fuel prices put on hold as unions give government time to make cuts.
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| JUNE 14, 2004 |
- IMO reports late improvement in compliance with ISPS code
- Hong Kong stock exchange approves listing of China Shipping
- COSCO adds capacity to Pacific service
- Hamburg Sud moves North America executive to Hamburg head office
- Coast Guard penalty of up to $27,500 for non-ballast report filing
- EU rejects air transport agreement with U.S., seeks further talks
- Pacer hit by U.S. work stoppages, rail problems
- STB to monitor railroad preparations for peak season in U.S.
- Panalpina names Burnell VP of North America operations
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| JUNE 14, 2004 |
- "Vladimir" connected to the "Astrida" sinking
Chief marine accident investigator Stanislav Cakss at the Latvian Maritime Administration has inspected the Cyprus-flagged vessel "Vladimir" in Baltimore ...
- New head of Bimco appointed
BIMCO, Baltic and International Maritime Council, based in København, has appointed Carsten Melchiors (50) as it coming head of organisation ...
- Odfjell cleared of blame in "NCC Mekka" blast
An inquiry in Brazil has clear Odfjell of any blame for the explosion onboard the 37,200 DWT chemical tanker "NCC ...
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