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| DECEMBER 17, 2004 |
Shipping News
- Arrested cargo on salvaged ship may be freed
ARRESTED cargo worth nearly US$18 million aboard the salvaged container ship Milena may soon see the light of day as the involved parties are close to overcoming an impasse over salvage security.
- Agents at Shenzhen port threaten strike over levy
PORT agents in China's southern boom town of Shenzhen are threatening to go on strike over a new government levy they have to prepay for shippers using the world's fourth largest container port.
- Aussie security zone touches our shores: NZ
NEW Zealand said yesterday it would seek urgent clarification from Australia about a new maritime security zone which it said stretched into its own territorial waters and even onto its coastline.
- 3 missing after tanker explosion off Japan
Admiralty Casebook
- Court sees no difference between 'all freights' and 'sub-freight'
AUS appeals court last week rejected as 'meaningless and superfluous' any legal distinction between the words 'all freights' and 'sub-freight', which are commonly used in charterparties for the purpose of specifying maritime liens.
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| DECEMBER 17, 2004 |
- Yang Ming signs long-term lease with Tacoma
- APL seeks exemption from FMC
- Iran Shipping firms shun Asian shipyards
- Shandong exports tyres worth US$109m through November
- MSC improves Aussie/Kiwi services
- MacAndrews launches Swahili Express Service
- Deal sealed for Malaysian-Thai rail cargo
- SIA cargo up in November
- Indian Airlines to fly to Thai capital
- EC approves Menlo acquisition by UPS
- Frankfurt Airport freight volumes rise in November
- IATA forecasts 6pc growth over each of next four years
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| DECEMBER 17, 2004 |
- MacAndrews set to enter India-MidEast-E. Africa trade
- Global shipping lines plan to levy ‘carrier security charge’ at ports/terminals
- Shortage of containers impacted exports in Sept.-Oct.—Baalu
- Shell to raise capacity of Hazira LNG terminal to 10 m tonnes
- Apparel exporters receive 20 pc more orders for 2005
- Textile exports set to blaze ‘Brand’ new trail
- EEPC raises export target for 2004-05 to $ 12.75 bn
- India, US sign pact on tackling trade fraud
- Swift Freight International comes to India
- Customs duty collections on course to meet target
- Indian drugs exported to over 200 countries—Paswan
- Farm goods exporters can claim duty credit: Minister
- Vision 2010 aims at tripling textile exports
- Aiyar informs Elders of Term Contracts for crude imports
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| DECEMBER 16, 2004 |
- Reports of leaking bunker fuel as tanker explodes
The Japan Coast Guard was today continuing to search for three missing crewmen who went missing after an explosion onboard Panamanian-registered tanker.
- Houston Ship Channel reopens after bunker spill
Tanker collision with stationary barge results in fuel tank being pierced.
- Warm Seas purchases $17.5m products tanker
Purchase represents by far the largest vessel operated by the company.
- New ISO parameters 'not enough to eliminate waste lubes'
Experts who have championed zero tolerance on dumping spent automotive lubes into bunkers say revised ISO 8217 will not offer complete protection.
- ChevronTexaco signs Indian bunkering agreement
Hindustan Petroleum Corporation Ltd (HPCL) and ChevronTexaco's Fuel and Marine Marketing LLC (FAMM) have signed a bunkering agreement.
- Tokyo Bay looking tight well into new year
- Singapore fuel oil stocks surge
Stock gain for residual fuels almost recoup last week's sharp decline.
- Rotterdam firm with barges becoming tight
- Experts share knowledge at comprehensive seminar
One-day seminar with fuel technical focus talks about fuel quality and contaminants, low sulphur issues and implications of new marine fuel standard.
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| DECEMBER 16, 2004 |
- Sita and Cargolux establish IT company for airfreight industry
- EU standards for truck drivers required
- EU approves UPS's acquisition of Menlo Worldwide
- MSC launches new barge service to Paris-Gennevilliers
- Kargo Sistem appointed Turkey’s Egsac member
- Europe-West Africa trade: BAF adjusted
- A.P.Møller: Jens Berthol Hansen appointed vice-president
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| DECEMBER 16, 2004 |
- Todd to get third Seattle dry dock
- CP ships beefs up financial management
- NJ State Police gets new boarding powers
- Navy awards Lockheed Martin contract for first LCS
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| DECEMBER 16, 2004 |
- Seattle Port Commission Oks Terminal 25 lease with SSA
- Crowley presents scholarships to four USMMA midshipmen
- NOL Group becomes member of RosettaNet e-business organization
- Greenbrier works deal with Chinese rail car maker
- IMO plans Yemen seminar to discuss maritime piracy
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| DECEMBER 17, 2004 |
- Oil giants raise a record $7.6bn for Qatargas II
A RECORD $7.6bn energy project financing has been completed by Qatar Petroleum and Exxon Mobil for their Qatargas II liquefied natural gas project.
- Prestige man sought by Spain dies
MICHALIS Margetis, a pivotal figure in the Prestigesaga, has died in Athens as a Spanish court made a renewed push to have him extradited to Spain to answer questions related to the 2002 accident.
- Spooked US could disable GPS
THE US has reactivated plans to temporarily shut down both its own network of global positioning satellites and similar systems operated by other countries in the event of a major threat to the US, according to Bush officials.
- US Coast Guard taken to task on treatment of seafarer witnesses
THE New York-based Center for Seafarers’ Rights has called for a major reassessment of the treatment of merchant mariners co-operating in investigations of environmental accidents in the US, writes John McLaughlin in New York.
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| DECEMBER 16, 2004 |
- Dubai Ports in ACT bid speculation
DUBAI Ports International today declined to confirm a report that they were preparing to beat PSA Corp’s offer for 57% of Hong Kong’s Asia Container Terminals
- Irish Ferries talks begin
THE 11-day strike that brought the UK-Ireland services of Irish Ferries to a standstill has ended to allow talks to begin.... Full story
- Carnival unveils Asian ambition
CARNIVAL will unveil its Asian expansion plans during the first half of next year, executives revealed today.... Full story
- Houston channel remains closed
HOUSTON’S ship channel remains closed today because of a collision yesterday evening between a V.Ships-managed chemical tanker and a barge.... Full story
- Best ever year for Carnival
CARNIVAL Corp revenues have hit $1.85Bn during the 'best year in the history of the company,' said chairman Micky Arison.... Full story
- Egypt seizes Kuwaiti tanker
THE Egyptian environment ministry is reported to have seized the Kuwaiti tanker Al Samidoon, which was holed near Port Said after striking a pier.... Full story
- Big changes for Mexican rail
- Falklands looks to UK ferries
- Truckers lift Cyprus blockade
- Iran lines up LNG investors
- ABP reports steady business
- P&O fined for unsafe yard practice
- Hong Kong continues to show the way
- Tanker adrift in Aegean
- P&O Ned wins LA green terminals
- Carriers' rule gets approval
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| DECEMBER 16, 2004 |
- Airbus foresees freighter bonanza
Carriers will spend $130 billion on new freighter aircraft over the next two decades to keep pace with rapid market growth, jetmaker says.
- German hub plan sparks rate debate
Wilhelmshaven opens operating contract amid concerns new capacity will spark rate war with Hamburg, Bremerhaven.
- Ridge urges higher standards for security
- All-time year for Port Everglades
- Houston Ship Channel reopens
- Executives less optimistic about trade growth: Survey
- CP Ships hires financial controller
- DHL signs for new West Coast hub
- CSI adds fifth Italian port
- China drops some import restrictions
- P&O Ports appoints new CFO
- Australia sets 1000-mile security zone
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| DECEMBER 16, 2004 |
- Evergreen and ECT close to Benelux hub agreement
Evergreen Marine and ECT are about to formally establish Evergreen’s Benelux hub at Rotterdam, with only a few remaining details to be negotiated before contract-finalisation, say well-informed Rotterdam sources.
- Accounting scandal hits HMM
Hyundai Merchant Marine (HMM) is in turmoil today following a financial regulator’s revelation of a W1.3trillion (US$1.2billion) accounting fraud in the company’s financial statements.
- P&O Nedlloyd gets the ‘green’ for Los Angeles
- HPH expansion in Yantian not a threat to neighbours
- AUX service swaps Wilmington for Norfolk
- CP Ships restructures financial management
- Charleston berth renovation behind schedule
- Port Everglades records highest box-volumes in five years
- ABPorts sees 3% volume rise in key trades
- Rotterdam-Brescia train heads toward better pan-European rail, says rail4chem
- Hanjin container freight index increases
- Hong Kong waters not affected by oil spill at Pearl River
- SITC links up Vietnam with Taiwan and Hong Kong
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| DECEMBER 16, 2004 |
- EC to sue over Erika measures
UK, Greece among eight countries being taken to court for failing to implement safety legislation.
- Carnival beats the storms
Micky Arison celebrates record year despite unusually severe hurricane season.
- Merry Moller, happy Day
Teekay's top two execs savor early Christmas present, splitting $22m shares jackpot.
- Spill in Houston Channel
Electronic control failure suspected in collision between chemical tanker Ievoli Splendor and barge.
- FIC aims higher
Falkland Islands group looking to buy more UK ferry businesses after Portsmouth Harbour Ferry deal.
- Weather blights salvage op
Salvors have no choice but to pump out oil and leave Selendang Ayu where it is.
- Brazilian bonanza draws a crowd
Transpetro’s huge $1.9bn tender for 42 tankers has attracted 38 potential bidders worldwide.
- Irish Ferries strike ends
Bitter 10-day stalemate over as management and union agree to arbitration on foreign crew issue.
- Atlantska takes to the sky
Croatian owner teams with Dubrovnik airport to launch tourist airline.
- Titan trades with parent
Hong Kong tanker owner to buy oil trading business from Titan Oil.
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| DECEMBER 16, 2004 |
- Korea finds $1.1 billion accounting irregularities at HMM
- Second carrier unit for China Shipping in U.S. trades
- Carriers upgrade Mexico/U.S. Gulf/East Coast South America link
- China Shipping adds 8,500-TEU ship into Asia/Europe trade
- Lloyd Triestino, Zim choose Wilmington on Asia/U.S. East Coast loop
- Rough seas thwart assessment of Unalaska spill
- IATA predicts 6% annual growth for cargo through 2008
- DHL names Price CEO in Asia-Pacific
- TMM, KCS reach settlement on Mexican rail takeover
- U.S. NVOCC service arrangement rules take effect Jan. 19
- Exel will use RedPrairie technology
- Yang Ming makes Tacoma its first dedicated U.S. terminal
- Port of Seattle, SSA sign 15-year lease, recommission Terminal 25
- Bunge signs 10-year deal with Phu My Port in Vietnam
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| DECEMBER 16, 2004 |
- Norway propose higher coastal dues
Norwegian Coastal Administration (Kystverket) proposes to increase coastal dues by a whopping 18 per cent and the Norwegian Ports Association ...
- Concordia share to Attract 40 list
The Stockholm Exchange has decided to move the Concordia Maritime share to the Attract 40 list. The list reflects the ...
- Nor Lines buys Baltic Line
Nor Lines – formerly Nor-Cargo Shipping – buys Bergen based Baltic Line from Bergen Shipping. Price and conditions are confidential. Baltic ...
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