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04 August 2020 The on-line newspaper devoted to the world of transports 09:58 GMT+2

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The Business Timesweb site
OCTOBER 21, 2004
Shipping News
  • Panama considering canal toll fee increase
    PANAMA is considering increasing tolls for ships passing through the Panama Canal, to allow for a future expansion of the waterway, according to the state's Economy Minister Ricaurte Vasquez.
  • Controversial ship runs aground off S. Africa
    THE vessel at the centre of an international controversy last year very nearly made headlines again this week after initial reports said it was carrying a cargo of nuclear material following its grounding off the coast of South Africa.
  • Persian Gulf oil tanker rates hit record
    THE cost of shipping crude oil from the Persian Gulf to Asia rose to a record as oil companies and traders competed for ships to load cargoes in late November.
  • Shanghai Port's Q3 net rises 20%
  • Shipping costs to fall on China slowdown
  • Singamas to boost capacity by 56% by 2007

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Sched Netweb site
OCTOBER 21, 2004
  • HK throughput jumps 9.5 pc in September
  • ANL joins new SCX service with CMA CGM
  • Hainan industrial area to be transformed into a modern port city
  • IAL launches Asia service
  • Gridlock shows no signs of abating at Long Beach, LA ports
  • China to spend US$1.9b on dredging the Yangtze River
  • Polar allowed to enter Sino-US aviation market
  • CNY1.2b logistics joint-enterprise starts Shanghai operation
  • Karlta Airlines to begin Beijing-Doha service
  • Continental posts Q3 net loss

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Exim Indiaweb site
OCTOBER 21, 2004
  • GE Shipping acquires LPG carrier
  • TAMP asks CCTPL to refund to port users charges on boxes stacked during strike period
  • Yang Ming (UK) & Orient Shipping Services join hands to launch IDX service
  • Ships for delivery in 2008 to be costlier
  • Tea exports move up to 107.7 m kg during January-August 2004
  • Yeh hai ande ka funda!
  • Move to sign framework pact for PTA with SACU by Dec.
  • No move to curb private procurement of grains for export
  • Congestion at Cochin Port hits seafood exports
  • Port of Le Havre keen to play pivotal role in Asia-Europe trade
  • Zonal rlys told to get traffic for refrigerated vans
  • CBEC to adopt detailed procedures for clearance of imported metal scrap
  • Industry registers robust 7.9 pc growth in August
  • Prices of 3 bulk drugs revised
  • Regulatory framework to attract $ 150 bn FDI in infrastructure on anvil
  • Singapore sees vast potential for joint ventures in India
  • Nandwani appointed head of Capexil
  • Withdraw circular on DEPB: Assocham

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The Bunker Bulletinweb site
OCTOBER 20, 2004
  • Wider testing parameters 'too expensive' say experts
    Testing experts agree that widening testing remit would reduce risk of contaminants entering ship fuel tanks, but say cost is prohibitive
  • Sharp oil rebound as US stocks fail to grow
    Crude futures recoup earlier losses on bullish US oil inventory data.
  • DOE/API: Key product stocks fall
  • Owners, suppliers warned of class action against 'polluters'
    US climate of class action litigation poses very real threat to suppliers and shipowners active in the country's polluted port regions, warns leading US maritime lawyer.
  • Sunny outlook in Piraeus
  • Suez avails improving after dry spell
    Several players report that avails are returning to normal, while others doubt any real improvement in supply for several weeks ahead.
  • New Saudi prices show mixed movement
  • Castrol chief defends imminent lube oil price hike
    Managing director of Castrol Marine defends projected price hike by highlighting the "real value" of technology and support brought to the industry amid rising costs.
  • Rotterdam stable late morning
  • Lungshan general manager admits longstanding malpractices
    Lungshan general manager admits longstanding practice of remunerating bunker clerks involved in short-supply and bribery at corruption trial.
  • A dozen samples taken in mystery oil spill investigation
    Samples were taken from several vessels, including bunker barges that supplied vessels in Tacoma last week in a bid to find the culprits behind the Puget Sound oil spill.

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International Transport Journalweb site
OCTOBER 20, 2004
  • 21st German Logistics Congress opens today
  • Czech Republic plans own truck toll
  • Geodis UK: new partnership with Lebert
  • Danube Summit in Belgrade a success
  • Air Exel to sever ties with KLM
  • Peter W. Lampke GmbH & Co KG (PWL) celebrates 40th anniversary
  • Silvio Frey to manage inet-logistics in Switzerland

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Marine Logweb site
OCTOBER 20, 2004
  • EC demands shipyard subsidies be repaid
  • VT Halter marine launches PCTC
  • Aker Finnyards in containership agreement
  • NASSCO starts fourth Alaska class tanker

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World Wide Shipperweb site
OCTOBER 20, 2004
  • Yang Ming eyeing move to Port of Tacoma's Terminal 7-D
  • Panama Canal Authority reports dip in accidents for 2004
  • Portland Shipping Club needs help with Christmas spree
  • Seattle Port Commissioners hear plans for North Bay use
  • Carnival orders two vessels for German cruise market

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Lloyd's Listweb site
OCTOBER 21, 2004
  • Swire Pacific shows its hand in icebreaker trio deal
    HONG Kong's Swire Pacific yesterday came forward as the mystery owner behind an NKr1.5bn deal with Norwegian shipbuilder Aker Yards, which was announced amid secrecy last week, and revealed the order is for three icebreakers destined to serve the Sakhalin project off Russia, writes Jerry Frank.
  • Shipping boom at risk from cash-happy investors, warns Lunde
    TOO many investors are choosing the wrong moment to join the shipping bandwagon, one of the most experienced voices in the industry has warned.
  • Brussels forces Izar to pay back €556m in aid
    SPAIN'S state-controlled shipbuilding group, Izar, must repay a further €556m in illegal aid, Brussels announced yesterday, adding to the group's heavy debt burden and forcing an end the current ownership structure.
  • Kvaerner must give back €13.3m
    THE European Commission has ordered Kvaerner to repay €13.3m ($15.8m), received during the 1990s as subsidies for the then Kvaerner Warnow shipyard in eastern German Warnem'nde.
  • Zim fleet plans run into flak
    NEWLY-privatised and renamed Zim Integrated Shipping services has run into problems with reguators over its fleet expansion plans, writes Janet Porter.
  • Bimco wording drift hits offshore cover
    A DRIFT away from the Bimco conditions in the offshore energy sector is adding to insurance costs and encouraging disputes, a leading insurance provider has warned.

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Fairplayweb site
OCTOBER 20, 2004
  • Costa transforms Seetours into Aida
  • Rasmussen looks to shipping
  • OMI buys own stock
  • Morocco helps Senegal re-launch link
  • Indian shippers react to surcharge
  • Tampa under pressure on director
  • Izar agreement edges closer
  • Teekay captain hit by €100,000 fine

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The Journal of Commerceweb site
OCTOBER 20, 2004
  • ILWU: Solutions to port labor shortage
    Union wants more full-time dockworkers; calls on employers to offer enticements to part-timers.
  • Gulf ports announce plan to impose security fees
  • Customs says Kerry 'misleading' on box checks
  • Intermodal leads Norfolk Southern profit
  • Exel revamps U.S. management
  • DHL continues U.S. network expansion
  • Asia traffic spurs Vancouver boxes
  • Swift Transportation's profit rises
  • Fuel no problem for U.S. Xpress results
  • China's Tianjin sets massive expansion
  • EU orders shipyards to repay state aid
  • EU approves aid for Belgian ports
  • Nehru congestion easing

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Containerisation Internationalweb site
OCTOBER 20, 2004
  • Australia set for Customs strike
    Australia faces a 24-hour Customs stoppage from midnight tomorrow (Thursday), as union members take industrial action over a new workplace agreement.
  • Safety and security trump commercial compensation in AIS channel dispute
  • Short-fixes to tide owners over till expected strong spring
  • Train makes a gain in Rotterdam maritime statistics
  • CMA CGM joins intra-Asia trade in service partnership
  • MSC to add weekly TransPac service to South America
  • ANL catches South China Express
  • Containership operating costs rise by nearly 10%
  • Kwai Chung volume growth turns soft despite price-cuts
  • Cosco considers building own post-panamaxes
  • ECT orders six ZPMC STS cranes
  • Hitachi signs logistics services agreement

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TradeWindsweb site
OCTOBER 20, 2004
  • OMI pays top whack for stock
    US owner carries out surprise share buyback suggesting tanker stocks could climb higher.
  • Stelmar profits drop
    Quarterly profit sliced in half after tanker owner pays out advisory fees to Morgan Stanley and Jefferies.
  • Izar faces EUR 556m bill
    European Commission decides Spanish owner must repay huge amount of illegal state aid.
  • EU slashes Kvaerner claim
    The EU is slashing its claim against Kvaerner but Kjell Inge Rokke is holding out for zero.
  • Irish Ferries cuts costs and jobs
    Up to 150 staff could take redundancy as owner switches to crew agency for Ireland to France route.
  • Hyun dismisses takeover
    Hyundai chief says counter-measures are being taken to block potential foreign purchase of HMM.
  • Finnyards breaks the ice
    Hakan Larsson's B&N is building a EUR 150m threesome for Stora Enso's paper route.
  • ITF wins higher wages
    Japanese bulker allowed to leave Sweden after owner ups crew payment.
  • Zim needs public vote
    Shareholders to decide on $820m twelve-ship transfer deal, rule Israeli regulators.
  • Great Eastern adds LPG carrier
    Indian owner takes Naftomar ship as it seeks to expand in gas sector.
  • Tanker owners get dirty
    Soaring rates prompt shipping companies to switch tankers from products to crude cargoes.
  • Tanker Pac takes EnerSea stake
    Ofer group tanker arm teams with Houston-based Compressed Natural Gas (CNG) consortium.
  • Shreyas profits soar
    Directors of Indian boxship operator approve purchase of up to three more vessels.
  • Aker order mystery solved
    Swire Pacific is behind NOK 1.5bn order that Aker Yards was keeping quiet last week.
  • Izar to learn fate
    Wednesday is the day the EU reveals how much "illegal" state aid Spanish yard must repay.
  • Boom times conceal high costs
    Moore Stephens survey shows insurance and crew wages leap in 2003.
  • Caspar carries more
    Azeri owner boosts oil cargo volumes in Caspian Sea during first three quarters.
  • Cosco Corp offloads bulker
    Singapore-listed arm of Chinese giant sells handymax unit to Nanjing-based owner for $11.15m.
  • Fednav goes to Universal
    Canadian dry bulk giant orders handysize bulker on back of long-term transportation contract.
  • PIL to fund Singamas growth
    Liner firm offloading existing shares and subscribing to new ones as container maker looks to expand.

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American Shipperweb site
OCTOBER 20, 2004
  • Australia commission carrier immunity reform report due Friday
  • MSC starts Far East/Americas service
  • ANL joins CMA CGM on Asia/Europe loop
  • Med/South Africa carriers raise rates
  • BNSF reduces rates for smaller wheat shipments
  • British Columbia road work promises to improve cargo moves
  • CBP receives more resources to protect borders
  • FMC reviews 13 OTI applications, revokes five licenses
  • U.S. meat shippers "disappointed" with Mexico's import ruling
  • Smart box initiative frustrates Bonner
  • USDA hopes to stop spread of pine shoot beetle from Canada
  • Airbus parent company picks Exel to export spare parts
  • COSCO Logistics signs contract with Hitachi in China
  • Nestle contracts with Vastera for export software
  • Yang Ming to lease Tacoma terminal, considers direct service
  • Four more U.K. ports join CBP's Container Security Initiative

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The Scandinavian Shipping Gazetteweb site
OCTOBER 20, 2004
  • Commission demands repayment of shipyard support
    The EU Commission has decided that Spain must recover EUR 556 million that the state-owned shipyard group IZAR has ...
  • B&N orders ro-ro trio
    B&N Nordsjöfrakt in Skärhamn, Sweden and Aker Finnyards in Rauma, Finland has signed a letter of intent for three ...
  • Danish submarines to Bulgaria and Sweden
    Danish Defence minister Søren Gade has asked for money and political support to give away one of the Danish Navy's ...

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