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| JANUARY 19, 2004 |
Shipping News
- NCL vows to go ahead with launch of Hawaiian cruises
STAR Cruises' US subsidiary Norwegian Cruise Lines has vowed to stick to the planned July 4 launch of its Hawaiian cruises with a second vessel after concluding that damage caused to its nearly-completed Pride of America, which partially sank in a German shipyard during storms last week, will result in 'a substantial delay'.
- CSIC to seek listing for parts arm this year
MAINLAND China's biggest marine group, China Shipbuilding Industry Corporation will push ahead with plans to list its parts subsidiary Fengfan Stock Co, this year.
- HK marine dept acts to improve safety
HONG Kong's Marine Department has vowed to clamp down and prosecute unsafe container handling following three fatalities in six months.
Air and Land Transport
- Foot massages in the air a way to upgrade, THAI told
A Thai government official has told state carrier Thai Airways to upgrade its services by providing extras like foot massages on its long-haul flights.
- EU nations voice air marshal concerns to US
- Star may form low cost, European units
- Cockpit voice recorder of Egyptian airliner found
- Court nod for Victor Li to invest in Air Canada
- Northwest gave US govt data on passengers
Port Shots
- Port Shots
TEEKAY Shipping Corp, the world's largest tanker owner by market value, placed orders for six Aframax tankers at a cost of US$260 million from Hyundai Heavy Industries Co and Tsuneishi Corp.
Liner Scene
- Back to the future or end of an era?
EVERY so often I find it instructive to dig out my now nine-year-old and rather dog-eared copy of the 'The Box', described as 'an anthology celebrating 25 years of containerisation and the TT Club'.
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| JANUARY 19, 2004 |
- China handles largest box volume in world
- Tianjin tops 3m TEU in 2003
- Oakland's Boyle becomes member of Maritime Security Committee
- MTC handles six million TEU last year
- New chairman for Singapore's JTC Corporation
- IMO-EC meeting to focus on safety, security
- Frankfurt airfreight on the rise
- Freightgate launches web-based air schedule
- Panalpina Vietnam lifts Lufthansa agent award
- Hawaiian Airlines to begin Sydney service in May
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| JANUARY 19, 2004 |
- Bharat Shipping Agency handles 24 TEUs under US Aid Programme - Jeekay International bags deal
- Varun Shipping records 259 pc rise in profits during Q3
- Maersk Sealand adds zip to its zing, upgrades MECL service NSICT to Charleston in just 18 days!
- Coffee exports surge by 3.3 pc in 2003
- Foodgrain exports to continue
- India may provide duty-free access to 500 Singapore items
- Coir pith acquires better export potential
- CoPT receives 14 RFQs to develop international container transhipment terminal
- New all-cargo airline to take wings in Feb.
- SCR to launch door-to-door cargo service for Guntur cotton traders today
- Centre allows 100 pc FDI in petroleum sector
- Excise duty on computer hardware scrapped
- CBEC introducing digital signature facility to enable online filing of transaction details - Boon for ex-im trade
- Direct tax collections record 24 pc increase
- RBI allows Indian cos to invest 100 pc of net worth abroad
- AIAI, Thai team sign MoU on bilateral cooperation
- UK retailer selects Maersk Logistics for total supply chain management
- Stone expo in Hyderabad this month-end
- IMTC to conduct shipping management programme from February 8
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| JANUARY 16, 2004 |
- New company set up by former Anderson Hughes team
Called Eximius Ltd, the new company said it will be concentrating on servicing a number of very close clients in Ship Chartering, Sale & Purchase as well as offering bunker broker services.
- Baltic buyers blessed by bearish bounty
Apart from St. Petersburg, most ports around the Baltic are recording soft numbers today, and buyers on the whole have responded to the lowering prices by getting their wallets out.
- Bunkering resumes at Danube river port
- Cockett Marine & Island Oil announce strategic alliance
Cockett Marine Oil Ltd. and the Cyprus-based supplier and trader Island Oil Ltd., announced the establishment of a strategic alliance today, whereby Island Oil will represent Cockett in the Eastern Mediterranean.
- Rotterdam prices down some more in volatile market
- Fog disrupts Houston Ship Channel traffic
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| JANUARY 16, 2004 |
- Fruit Logistica 2004 taking place in Berlin, Germany
- ABX Logistics to use Teleroute
- EIB and the Republic of Guinea sign EUR 12-million loan agreement
- Hermes closes giant parcels contract
- Stinnes group restructures automative sector under Schenker umbrella
- Lufthansa Cargo posts slight dip in volumes
- Hutchison called to close its Indonesia JV terminals
- New Management at Brenntag Latin America Inc.
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| JANUARY 16, 2004 |
- Scandinavian newbuilding orders of USD 4.0 billion
- Concordia sells the last Ludwig tankers
- Faeroese ferry hits rock after power-failure in homeport
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| JANUARY 16, 2004 |
- HSBC warns on P&I clubs
- Knightsbridge pay-out
- Teekay orders six aframaxes
- New boss for Kvaerner Masa-Yards
- SA offers yard risk assessment surveys
- Palm oil refinery for Rotterdam
- Bunker boost for Rotterdam
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| JANUARY 16, 2004 |
- Royal Olympic in deal with banks
Two Blohm+Voss built ships will go on block
- Smit gets contract to refloat "Pride of America"
A team from Smit Salvage is in Bremerhaven
- Promotion at SWM
Bob Kilpatrick named president and GM
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| JANUARY 16, 2004 |
- Port of Olympia schedules East Bay property workshop
- Rail freight traffic ends year with across the board gains
- CBP takes in $24.7 billion in revenue during 2003
- Coast Guard moves test center to downtown Seattle location
- Holland America Line naming new ship NOORDAM
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| JANUARY 19, 2004 |
- Royal Olympic ships up for auction
ROYAL Olympic Cruise Lines’ attempt to emerge from its $250m debt crisis with its corporate integrity intact has collapsed, as the company’s two embattled cruiseships are now up for judicial auction and its chief executive has resigned.
- Asia box battle threatens to wreck FEFC rate plans
CONTAINER shipping lines fear that a prolonged slowdown in the Asia to Europe trades over Chinese New Year could leave the Far Eastern Freight Conference’s business plan in tatters as carriers fight to retain market share.
- QM2 bomb threat rumours are denied
CUNARD has denied reports that its 150,000 gt cruiseship Queen Mary 2 was the subject of bomb threats as it arrived at the port of Funchal in Madeira on Thursday, writes Christopher Mayer .
- Seafarer ‘bill of rights’ nears agreement after two years’ work by ILO group
THE draft of a new cover-all convention setting minimum employment standards for the world’s seafarers is due to be agreed by an International Labour Organisation working group this week.
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| JANUARY 16, 2004 |
- Brazil to fingerprint US cruisers
BRAZIL’S Federal Police are to take fingerprints and photographs of 152 US citizens when they arrive in Santos on Sunday on the cruise ship Silver Wind
- A&P unaware of talks with SORENI
A&P business development director Clive Towl says neither he nor his fellow ship repair company directors have any knowledge of talks with French yard SORENI
- Marad passes LNG terminal
US ENERGY giant El Paso Corp has won approval from US regulators to develop a deep-water LNG port in the Gulf of Mexico
- Cunard dismisses QM2 bomb threat
A Cunard spokesman has described as "completely untrue" suggestions that anonymous bomb threats had been received this week against the Queen Mary 2
- Royal Olympic discusses games ships
ROYAL Olympic Cruises has revealed some of the details of an agreement reached with German lending institutions yesterday
- Kotug loses Wallenius Wilhelmsen
ROTTERDAM-based tug operator Kotug has lost major client Wallenius Wilhelmsen in the ports of Bremerhaven and Hamburg
- P&I performance remains poor
- ICTSI loses out at Port of Spain
- Tensions mount over 'sea motorways'
- Rail link opens up Darwin trade
- Zim deal financing almost closed
- Chinese crew remain under scrutiny
- Onorato again questions Tirrenia
- Malta counts cost of EU membership
- King demands Aqaba solution
- Lüken speaks out on Pride incident
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| JANUARY 16, 2004 |
- LA ports mulling premium box fees
Proposal to alleviate congestion in So. Calif. would use daytime handling revenues to cover costs of night and weekend gates.
- Browning to leave Customs
Deputy commissioner of Bureau of Customs and Border Protection departs agency April 1.
- French seamen plan second strike in a week
- Maersk revises Mid-East/India-U.S. service
- Container boom for Portland
- Corps meets on Freeport dredging
- Deepening at Wilmington, N.C. completed
- Increase for Kandla box traffic
- Israel union sets port strike deadline
- DHL completes quality program
- Coyne opens new Baghdad air-cargo service
- TIA program offers audit, payment agreements
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| JANUARY 16, 2004 |
- Qualification period for Vallarpadam concession closes
P&O Ports, PSA Corporation and Zim are among the foreign companies interested in developing and operating a transhipment hub at Vallarpadam, in Kerala.
- Maersk service-changes diverts transhipments from PTP
Feeder carrier Bengal Tiger Lines (BTL) has pulled out of the Port of Tanjung Pelepas (PTP) and returned to Singapore, following Maersk Sealand’s (MSL) service-changes, orientated on its Salalah hub.
- Barranquilla re-opens but Cala Panama remains stranded
- China Shipping enhances capacity in Asia/Europe trade
- Chittagong embarks on US$40m efficiency drive
- Seawheel gets New Year started with lo/lo service
- Local media says all Port of Spain bids rejected
- Hupac growth stunted by tunnel closures
- Chennai fastest-growing box terminal in south India
- New St Lawrence Seaway marketeer considers container market
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| JANUARY 16, 2004 |
- Boeing mulls future of shipfinance
Maritime portfolio could be up for sale after aviation giant hires investment bank.
- Gilford Securities pushes Teekay
Analyst ‘conservatively’ predicts 50% rise in share price.
- More management upset at Royal Olympic
Revolving door of board members swings again.
- Stolt Offshore to double equity offering
Embattled company increases fund-raising target to $200m.
- Smit to refloat Pride of America
Salvors to start diving inspections on storm-battered cruise newbuilding.
- Eximius aims high
New shipbroking venture is established by former Anderson Hughes team.
- Latvian Shipping rapped over tanker order
Late disclosure of Croatian newbuilding plan earns stock exchange reprimand.
- Grindrod aims for share simplicity
South African owner wants to improve liquidity by squashing its two-tier stock structure.
- Rosneft details Arkhangelsk crude plans
Russian port could handle 2.5 million tonnes of exports this year.
- Grimaldi in for first Superfast ship
Italian group to buy Greek owner Attica’s original fast ferry.
- K Line and Yang Ming cut back to speed up
Japanese and Taiwanese partners reduce capacity on Asia to US east coast to boost transit times.
- HSBC endorses P&I rate hikes
Marine chief Nigel Russell warns clubs to avoid reliance on investment income.
- El Paso green light for offshore LNG buoy
Excelerate Energy's ships get their mooring outlet but where's the gas?
- Estonian ferry tender scrapped
Government throws out unsuitable bids from Tallink and others for subsidised islands service.
- TFDS orders fast Cats
Norwegian ferry owner picks Fjellstrand for two-ship deal.
- ExxonMobil talks up Gulf LNG terminal plans
Oil major wheels in Texas governor and Qatari top brass as it joins plant rush in US.
- Korean Air to sell more Hanjin stock
Airline details plans to dispose of another tranche of stock in advance of shipbuilders' spin-off.
- Baron resurfaces at Rickmers
Ex-CP Ships veteran Godric Baron appointed as board director and advisor to Bertram.
- Houston Ship Channel reopens
Fog lifts to allow traffic flows to resume on strategic southern US waterway.
- Noordam name resurrected
Fourth of Holland America Line's Vista-class ships to continue century old name.
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| JANUARY 16, 2004 |
- Maersk Sealand revises U.S./Middle East/India service
- FMC to discuss tariff-filing, New York port practices
- CMA CGM christens Europe/Caribbean reefer containerships
- Rickmers Holding names Baron as director and adviser
- Boeing financing company looks to exit market
- DHL Danzas' Cargo 2000 system is approved
- Swift buys large Mexican carrier
- Maryland officials assess cause of truck crash
- Admiralty lawyer Sam Delich dies in San Francisco
- Kom International picks Taliaferro as president and CEO
- USDA eases rules for Chinese dwarfed plant imports
- EU, seven other countries prepare to retaliate against U.S. dumping act
- WTO warns U.S. against protectionism, security burden on trade
- U.S. agriculture officials go back to Japan to attempt re-opening of beef exports
- Trade help denied to Louisiana crawfish producers, Mississippi fisheries co-op
- U.S. Department of Agriculture rules on imports of Eucalyptus wood chip
- U.S. Maritime Administration approves deepwater LNG port
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