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| APRIL 19, 2004 |
Shipping News
- Pakistan allows crew of Greek ship to go home
THE crew of a Greek tanker that broke up near Karachi last July is to be allowed to return home until a verdict in their trial over Pakistan's worst ever oil spill, a minister said yesterday.
- Prudent capacity deployment to boost rates urged
WITH supply and demand beginning to equalise on the intra-Asia trade, the Asian Shipowners' Forum has strongly urged container shipping lines on the trade to be realistic in deploying capacity in a bid to get freight rates moving.
- M'sia offers navy escorts for high-risk ships
MALAYSIAN Navy personnel will escort commercial ships travelling through its waters if the risk of a pirate or terrorist attack on them is deemed high.
- Slowing economy beginning to dent imports: Auckland Ports
NEW Zealand's largest port company Ports of Auckland Ltd said there were signs a slowing economy was denting imports as it unveiled a deal to sell two marinas to the government for NZ$54 million .
- Temasek keen on Lumut ports operator
TEMASEK Holdings Ltd, Singapore's investment company, may be eyeing more than a slice of the banking sector in Malaysia.
Air and Land Transport
- KLM raises forecast due to fuller planes, cost cuts
DUTCH carrier KLM, set to be taken over by Air France, expects to be easily profitable in the financial year 2003/2004, thanks to fuller planes and cost cuts.
- New Vietnam flights to boost load by 25%: Air France
- American Air to pay millions to pilots' union
- Rail screening must be nimble: Amtrak chief
- Qatar plane makes forced landing in Cairo
- Log Book
Dockyard
- Getting the contract right as important as winning the work
THE small cruise ship Neptune 2, formerly the Renaissance 2, should soon be on its way to Singapore where it is expected to lay up for three months.
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| APRIL 19, 2004 |
- Cosco to offer FAX, PSW4 services
- Freight rates from HK, Macau to US, Europe likely to increase
- Tianjin looks to technology for efficiency
- Sembawang Kimtrans opens new facility
- Rotterdam pursues US$2.9 billion funding for expansion
- Vietnam Airlines seeks loan to finance new aircraft
- Lufthansa Cargo adds bi-weekly flights to Melbourne
- Houston-Saudi Arabia cargo service begins
- Forward Air appoints three independent directors
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| APRIL 19, 2004 |
- Varun Shipping posts staggering 214 pc growth in net profit for 2003-04
- Indian flag’s fleet tonnage up by 11.3 pc
- Abhay Ocean, De Donge accord on capital dredging
- Iran to increase petrochem exports to India
- Gems & jewellery exports twinkle with 31 pc growth
- Indonesia buys Indian soyameal
- ChPT handles 36.71 m tonnes cargo during 2003-04
- Neptune Container Logistics: Moving ahead
- CONCOR makes it easier for ICD-Aurangabad trade - ...shifts road operations to Mumbai gateway ports
- Performance par excellence by ICD-Sabarmati in 2003-04 - Moves 11,223 ex-im containers in March alone!
- Duty drawback, DEPB schemes to be merged: DGFT
- Ministry relaxes norms for steel supplies to SSIs
- Assocham moots long-term fiscal policy
- C. Parthasarathy is Ficci (AP) Chief
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| APRIL 16, 2004 |
- Uruguay: Bunkering resumes but suppliers still cautious
Bunker supply has resumed in Uruguay after the country suffered a drought in the marine fuels market for over a month.
- Bunker barge risk factor overlooked in ISPS
Many shipping companies and ports not geared towards ISPS, industry voice adds.
- OPEC raises demand forecast, continues quota busting
- Major supplier mulling staff cuts
Global bunker fuel supplier and marketer admits reduction in staff being mooted as part of reorganisation.
- New push for alternative bunker separation standard
Swedish product development company Alfa Laval claims new '5 micron standard' offers a more cost effective method to test extraction of catalytic fines from bunker fuel.
- Hong Kong moderately firmer, surprise Taiwan distillate move
Avails looking lean before the next resupply in Hong Kong.
- Rotterdam continues very firm, prompt tight
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| APRIL 16, 2004 |
- One day workshop on VAT in Switzerland
- HHP Handhelds for Railion Deutschland
- Germany: demands for light truck speed limit persist
- Thiel: Optimism for the current financial year
- CIM consignment note applies on the Mukran-Klaipeda ferry line
- Airblue: a new private airline for Pakistan
- Associated British Ports to invest in Goole
- Jaap Kuiper quits EBS
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| APRIL 16, 2004 |
- Cockroft warns over Tasman Spirit master
- MOL in VLCC venture
- Hapag-Lloyd’s record profit
- PSA profits boost
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| APRIL 16, 2004 |
- Canada announces details of joint support ships
Three 200 m ships with multimission capabilities to be built in Canada
- Kirby buys into container-on-barge operation
Pays $4,220,000 for one-third interest in Osprey Line LLC
- Another Washington State pollution guilty plea
Marmaras Navigation of Greece is latest in a string of foreign owners caught by crackdown
- CSSC production soars
Chinese shipbuilding giant set to enter world top five at end of year
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| APRIL 16, 2004 |
- Sea-Tac sets June opening for new airport terminal
- Rail traffic counts have good month of March
- Seattle Coast Guard center location of book giveaway
- CBP officers nab fugitive at Blaine port of entry
- Carriers come together for Australia to Asia service
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| APRIL 19, 2004 |
- Green pledges new dawn for P&O Nedlloyd
ROYAL P&O Nedlloyd chief executive Philip Green promised shareholders an improvement in the shipping line’s financial performance as the company began trading independently on Friday.
- Tracking firm sights box squeeze
CONTAINER tracking company IAS says analysis of container ‘event data’ during the first quarter 2004 confirms fears of a looming box shortage.
- LNG carriers in demand as Hyundai Heavy trumps rivals to scoop NYK trio
TWO significant liquefied natural gas carrier deals indicate that, despite soaring steel prices, South Korean yards retain an insatiable appetite for the high-value ship type.
- MyTravel sells cruiseships to Louis Group
MyTravel Group, the former Airtours, has announced it is quitting all cruiseship operations, with the Louis Group of Cyprus poised to take over at least three of its four cruiseships.
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| APRIL 16, 2004 |
- Festival threatens to sue
REPORTS conflict, but the auction of Festival Cruises' European Vision in Barbados may have gone forward and a new owner of the ship may be announced this afternoon
- BC tug strike hits Vancouver
A STRIKE by tug and barge operatives across British Columbia starting today will seriously affect West Coast Canada traffic and business at Vancouver
- Court to decide ‘Karachi Eight’ fate
THE lawyer representing the 'Karachi Eight' has dismissed reports that charges against seven members have been dropped, saying the court wil decide tomorrow
- US raps union's empty-box fears
ITF assertions that empty containers coming into the US are exempt from search are unfounded, US customs officials say
- Nenaco receiver remains confident
NEGROS Navigation Co has been assured by its receiver that it has enough assets to cover its liabilities
- P&O Nedlloyd deal completed
FROM today P&O Nedlloyd becomes 'Royal' with its listing as Royal P&O Nedlloyd NV being quoted on the Amsterdam Stock Exchange
- Russia, Ukraine talk maritime limits
- European cruise body chooses leaders
- Port, govt changes in Sri Lanka
- China eyes Brazilian ports
- Sun Cruises fleet to Louis
- Daewoo Mangalia gets even
- Brazil: more strikes announced
- Huge drugs seizure on Merseyside
- Iraqi war risk insurance withdrawn
- Bomb threat was drunken hoax
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| APRIL 16, 2004 |
- Vancouver whipsaw
Strike by tug boat operators could hinder efforts to clear backlog of more than 200,000 containers sitting at terminals.
- Royal P&O Nedlloyd trading opens to muted response
- U.S. forms China trade office
- RFID ruling doesn't address global needs, says exec
- Ryder raises earnings estimate
- KLM revises profit estimate
- Manugistics, IBM partner on supply-chain products
- TNT Logistics expands U.S. BMW service
- Kirby buys into Osprey Line
- U.S. Xpress profit rises on higher rates
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| APRIL 16, 2004 |
- Empty containers a security loophole, warn unions
US unions are pushing the government to have empty as well as loaded containers inspected as part of port security measures, saying that this is a dangerous security loophole.
- June launch for new consortium’s Asia-Australia service
The first public move has been made in the latest shake-up of partnerships in the North & East Asia/Australia trades with Evergreen announcing its new service.
- Maersk mulling details of new Asia-Europe service, as capacity mounts
- Port of Vancouver sees 15% fall in intermodal backlog from high of over 9,000TEU
- Hanjin to hold overseas investor roadshows
- Rate rises and tight cost control benefit Fesco
- Three California port pollution bills pass first hurdle
- Russian Railways courts ‘customer-king’
- RPONL launches on Euronext, setting course for ‘independent status’
- Shanghai gets China's first logistics park
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| APRIL 16, 2004 |
- Transpetro tries a new path
Petrobras unit hopes revamped newbuilding approach will yield 22 domestic-built ships by 2010.
- Strike threatens Canadian port
Tug and barge workers pass legal deadline for walkout in Vancouver.
- Sun shines for Louis
Cyprus shipowner to take over Sun Cruises fleet from troubled MyTravel.
- Liner deal boxed up
Reverse takeover is completed ahead of Royal P&O Nedlloyd’s listing on Euronext.
- Clarksons cats set to purr
Top shipbroker draws up new incentive scheme to keep its team in the milk.
- Crew held over master’s murder
Three seafarers from Univan-managed Crimson Galaxy arrested in Spain.
- Tokyo LNG Tankers plays trader
"We want to be Fedex," says business development manager.
- DFDS ups Flensburg order
And adds on an option for a seventh ro-ro newbuilding.
- Reef fine for master
Chinese national fined AUD10,000 after allegedly sailing bulker through Great Barrier Reef.
- Troim extends Frontline punt
John Fredriksen’s right-hand man renews his forward contract but price has fallen.
- CSSC yards log record quarter
On paper results look good but steel crisis could dampen high hopes.
- China eyes Brazil ports funds
Reports say China could invest billions in Latin American maritime facilities to secure ore supplies.
- PSA profits jump 22%
Singapore container terminal operator boosted by better volumes and revenues and full year at Belgian arm.
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| APRIL 16, 2004 |
- P&O Nedlloyd completes IPO
- Med Shipping enters Mediterranean/Canada trade Med Shipping enters Mediterranean/Canada trade
- Maersk Sealand to add Asia/North Europe capacity
- Wan Hai studies launch of second Pacific loop
- Trailer Bridge again delays publication of 2003 results
- MTSNAC meeting scheduled for May 3-4 in Chicago
- Two China/Australia container services to start
- MarAd extends deadline for MSP product tanker proposals
- Wheat shippers chastise BNSF for rate shifts
- FMC reviews 21 OTI license applications
- Manugistics names Strata VP
- U.S. exports outpace imports in February
- FCC rules strengthen RFID in freight environment
- U.S. countervailing, antidumping probes for Canadian live swine
- SSA starts construction of Texas City marine terminal
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| APRIL 16, 2004 |
- Marinvest takes four product tankers from Croatia
Göteborg-based Marinvest has on behalf of an international consortia ordered four ice-strenghtened LR1 product tankers from Brodosplit in ...
- Bribery charged aquitted
Two former Rolls-Royce employees charged for bribery of a Rederi AB Gotland employee has been aquitted by the Svea ...
- A.P. Møller-Mærsk turns 100 years today
Today one of the world’s largest shipping groups turns 100 years old. April 16 1904 is the official date for ...
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