 | web site |
| MAY 19, 2004 |
Shipping News
- Seas continue to be hit by 'alien invaders'
MARINE organisms deposited in Seychelles waters by cargo ships are threatening to hurt the Indian Ocean islands' vital fishing industry, highlighting once again the perils of indiscriminate ballast water discharged by the shipping community.
- Ballast water seminar opens in S'pore today
THE second International Conference and Exhibition on Ballast Water Management begins here today, with some of the foremost experts and scientists working on the most efficient way of treating ballast water assembling in Singapore for the first time.
- Titanic salvage firm unlikely to own artifacts
A federal judge said she was unlikely to grant ownership of nearly 6,000 Titanic artifacts to the company that holds sole salvage rights to the sunken luxury liner.
- Tanker owner OMI in talks to buy Stelmar
OMI Corporation, owner and operator of 37 tankers that carry crude oil and refined petroleum products, said it has entered talks to buy Greek tanker owner Stelmar Shipping in a stock and cash transaction.
- FREIGHT RATES
PANAMAX dry bulk rates will probably drop further this week, continuing the fall seen since a record high three months ago as Chinese demand for grains and minerals declines, brokers said yesterday.
Air and Land Transport
- Buy A330-200, A340-600, Airbus proposes to SIA
COMPETITIVE threats from budget airlines, 6th freedom carriers and emerging air hubs in the region mean Singapore Airlines must consolidate its core product and quickly kick-start its aircraft acquisition strategy, according to Airbus executives.
- MAS Q4 profit seen rising on strong sales
- THAI's Q2 profit up 11%
- Virgin to defer flying super jumbo Airbus
- NZ, China in pact to lift barriers to air travel
- Pacific Blue airline may fly domestic NZ services this year
Strait Talk
- Top brass of shipping to meet in S'pore to discuss security
NEXT week will see many key players of the shipping world coming together in Singapore.
|
 | web site |
| MAY 19, 2004 |
- Hong Kong records 4.6pc increase in throughput for April
- Pacific CMA posts record revenues in Q1
- UPS expands ocean service to Asian ports
- Asian Terminals net profit slides
- ICTSI terminals compliant with ISPS code
- APL voted best intra-Asia shipping line at AFSCA
- NY/NJ to sell US$350 million worth of bonds
- Qantas applies for additional UK services
- British Airways Cargo sees decrease in flown revenue
- Lufthansa names freighter after K+N supremo, transports rhino
- United Cargo awards ACS with BPO contract
|
 | web site |
| MAY 19, 2004 |
- Passenger vessel built by HSL flagged off
- Ethiopian Shipping Lines completes 4 decades of successful operations - Plans to acquire 2 of its largest vessels, enhance support to Indian trade
- Asean market dons more Indian clothes to exporters’ delight
- Indian products to be on display at fair in Trinidad & Tobago
- India, China may join hands to tackle issues linked to leather goods trade
- Duty-free gold imports through banks, agencies to continue
- India, China trade may exceed $ 10-bn mark in 2004-05, says Indian Ambassador
- Oilseeds exporters’ delegation returns from China full of hope
- Paradip Port plans to expand rail-borne traffic by Dec
- Changi Airport voted best for cargo in Asia
- Railway freight traffic up in April
- Box movement by rail on TKD-JNP route ‘regulated’ for 10 days - CONCOR serves notice of likely delays and suggests options
- RBI leaves Bank Rate unchanged
- SION for 20 new export items notified
- Capital market over-reacting, feels AIAI chief
- AEPC move to cut transaction costs
- BIMCO opposes mandatory double sides for bulkers
- Pvt sector marine insurers get a raw deal
|
 | web site |
| MAY 18, 2004 |
- Turkish supplier adds IFO to product list
- 2003 samples show increasing tendency for off-spec fuels
- Cargo fall has only small impact on Fujairah numbers
- Yukos subsidiary ready for bunker sales in Rotterdam
Petroval Bunker Services starting modestly but is ideally placed to become a big-league player.
|
 | web site |
| MAY 18, 2004 |
- Second Basel International Hazardous Goods Conference
- Pacer Cartage selects Trinium's TMS
- World Bank loan for Accra roads
- Frans Maas (UK) with new premises in Manchester
- Rail4chem/Shortlines: No border stops from/to Worms-Rotterdam
- Vienna Airport posts sparkling performance
- OOCL strengthens KTX Suite with addition of Japan/South China Service
- Top men lined up for UK Club
|
 | web site |
| MAY 18, 2004 |
- OMI, Stelmar merger on cards
- Bunker quality "getting worse"
- MOL moves up global "rich list"
- US port users form security body
|
 | web site |
| MAY 18, 2004 |
- USCG approves Columbia Coastal's VSP
Container-on-barge specialistis well ahead of ISPS/MTSA deadline
- Stelmar yet to receive offer from OMI
Is a take-over battle looming?
- VT Halter enters TSV competition
Teams with Northrop Grumman unit
- Crowley refloats grounded Alaska ferry
Under tow to shipyard
- New design tool for high speed safety
Developed with EU backing
- Daewoo Shipbuilding & Marine Engineering has global ambitions
Could buy European yard to get into cruise ship sector
|
 | web site |
| MAY 19, 2004 |
- IMO in U-turn over double-hull bulkers
THE International Maritime Organization threw itself into reverse gear on dry bulkers, ditching plans to make double side skins mandatory from 2007.
- Africa search and rescue fund ‘vital’
AN INTERNATIONAL fund to finance search and rescue development off the African coast is urgently needed, the International Maritime Organization’s Maritime Safety Committee said yesterday, writes Sandra Speares.
- FMC Technologies trumpets $36m Petrobras subsea deal
ENGINEERING firm FMC Technologies announced a $36m subsea production equipment deal yesterday with Petroleo Brasileiro (Petrobras) just as the Brazilian state oil giant limbers up for a $53.6bn 2004-10 investment bonanza.
- Siem sells off Broström stake ending 17-year involvement
NORWEGIAN shipping entrepreneur Kristian Siem’s investment wing has sold its interests in Swedish product tanker owner Broström for SKr359m (US$46m), ending a 17-year relationship. Main shareholders in Broström,
|
 | web site |
| MAY 18, 2004 |
- Queen Elizabeth 2 fire extinguished
A fire that broke out on board Cunard’s 70,327gt cruise liner Queen Elizabeth 2 today has been extinguished
- Seatrade Award winners honoured
FOUR companies and organisations and two individuals were honoured at last night’s Seatrade Awards dinner in London, the 16th time the annual event has been held
- Have your say!
SHOULD smoking be banned on ferries if one of the two countries involved has passed a ban on lighting up in public areas? Have your say!
- Fug surrounds Irish smoking ban
THE ban on smoking in public buildings introduced by the Irish government in March is causing confusion among ferry operators serving Dublin and other Irish ports
- Siem sells his Brostrom stake
NORWEGIAN investor Kristian Siem has sold his shares in Brostrom, the Swedish product tanker and logistics group, to Swedish investors
- Atlantic box trade future unclear
STEEL shortages and decreased container production could put pressure on capacity during the second half of 2004, conference delegates were warned yesterday
- Stelios leads Stelmar into OMI deal
- ISPS compliance figures concerning
- Shareholders delay Festival wind up
- Strike threatens Swedish shipping
- China rejects cross-Strait moves
- Alaska ferry LeConte refloated
|
 | web site |
| MAY 18, 2004 |
- East Coast facing long, hot summer
Terminal congestion continues to be a critical problem for ports despite efforts to ease the crush of truck traffic.
- Express giants moving into trans-Atlantic trade
- East Coast ports could grab Asia traffic
- Shippers blast lines for 'unacceptable' service
- Charge, taxes hit NYK quarter
- UPS expands ocean service
- "K" Line sets plan for fiscal goals
- Commonwealth Business Media acquires Compass North America
- Cargo profits to rise on Air France-KLM link-up
- South Korean yards move to high end
- Reorganization for OOCL Logistics
- Matson adds direct Hawaii-U.S. ro-ro service
- Vancouver solid tax base: Report
|
 | web site |
| MAY 18, 2004 |
- CC Tung calls for government to settle THC dispute
National and regional government should help resolve the ongoing terminal handling charges (THCs) dispute between lines and shippers says CC Tung, chairman and CEO of Orient Overseas (International) Ltd (OOIL).
- Zhang stresses need for PRD regional co-operation
- Atlantic ‘Dying trade’ says US East Coast port
- Lure of China-Australia trade could prove irresistible to CP Ships
- K&N reject need for NVO’s to negotiate service contracts
- US Port Security Council chants mantra ‘with one voice’
- ESAC raises rates from July
- Klang hails success of CSI
|
 | web site |
| MAY 18, 2004 |
- Ultrapetrol back in black
Tanker owner posts profit, buys back bonds in first quarter.
- Stelmar "in play"
US analyst says OMI offer represents attractive premium on stock.
- Not so fast!
Stelmar says merger talks are between OMI and Haji-Ioannou family only.
- Kristian Siem exits Brostrom
Norwegian investor sells stake in Swedish tanker owner to groups allied to boss Lennart Simonsson (right).
- Alstom bailout deal emerging
French government to take larger stake and some units to be divested.
- North-Western wins cruise battle
Russian owner gains passengership fleet after charter wrangle.
- New Black Sea link planned
Romania and Georgia will open new freight route in July.
- Star Cruises blots out red ink
Asian-backed cruiseship giant says Pride of America will be ready by mid 2005.
- Bulkers collide off China
Qinhuangdao port sees close encounter between Greek panamax and China Shipping handysize.
- EU to continue Izar probe
Spanish vice president says solution might mean the end for shipbuilding giant.
- Yard stake left on shelf
Ukraine fails for third time to sell holding in Kiev shipbuilder Leninskaya Kuznitsa.
- Canada cracks down on bulkers
Eight of 10 ships detained in April were bulk carriers, including a Navibulgar vessel.
- Naikai notches up profit
Japanese shipbuilder pushed up earnings despite flat revenues in the year to 31 March.
- Daewoo thinks big
But Korean shipbuilder forecasts lower profit on higher sales for 2004.
- HDW in big loss
German yard reportedly lost EUR 191m in 2003 and expects a similar story this year.
- Alaskan ferry floats free
Stranded LeConte refloats itself as Coast Guard prepares announcement on incident.
- Aussies cut navaid levies
Government says efficiency gains plus expected rise in shipping traffic have enabled fee reduction.
- Bomb hoax on Express Athina
Terror scare delays Greek ferry for 90 minutes and forces 1,600 passengers to evacuate ship.
- TEN raises $70m
Share sale reaps Tsakos Energy Navigation funds for newbuildings and corporate purposes.
- Stelmar sets up in Manila
OMI takeover target establishes crew management company in the Philippines.
|
 | web site |
| MAY 18, 2004 |
- OMI, Stelmar in tanker merger talks
- Matson adds direct Hawaii/Pacific link from Maui and Big Island
- U.S., U.K. near agreement on scrapping American-flag ships
- U.S. troubled by Ukraine's Danube Delta canal project
- Nippon Cargo modernizes 747 fleet
- Lufthansa Cargo names freighter "Klaus-Michael Kuehne"
- UPS Trade Direct Ocean service expands
- OOCL Logistics transfers management from U.S. to Hong Kong
- FDA extends comment period for food imports interim prior notice rule
- Commerce Department prepared for recycled copper shortage hearing
- Port security lobby formed to chase federal dollars
|
 | web site |
| MAY 18, 2004 |
- Suspected vessel inspected in St Petersburg
The Latvian authorities have removed one of two vessels on the list over identified ships in the vicinity when the ...
- Change of ownership in Broström
Siem Industrikapital AB, former Four Seasons Venture Capital AB, has sold its total shareholding in the Swedish tanker specialist Broström ...
- Half a billion profit for Stena
The Stena group reports a pre-tax profit of SEK 518 million (EUR 56.5 million) for 2003, down by almost ...
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
