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| SEPTEMBER 22, 2004 |
Shipping News
- S'pore can still count on marine industry
SINGAPORE's $4 billion marine industry, which provides jobs for 34,000, is very much alive and thriving, so it's time to drop the label that it's a sunset industry, an industry leader said yesterday.
- Degrees needed for marine officers so they get good jobs after sea stint
A university degree path needs to be created for sea-going officers so that able and well-trained mariners can take up senior management jobs after a stint at sea.
- Tanker crew repel pirate attacks off Indonesia
THE crew of two oil tankers foiled attacks by pirates after they tried to board the vessels off Indonesia, the world's most dangerous country for piracy, the International Maritime Bureau said in its weekly report.
Strait Talk
- www.shippingfacts.com finally arrives
LAST week I bemoaned the lack of an effective public relations campaign by the shipping industry.
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| SEPTEMBER 22, 2004 |
- APL to launch new China-Middle East service
- Top LA port official resigns amid investigation
- China to host `10 + 3' logistics summit in November
- Evergreen launches new, improved web site
- Vietnam Airlines to purchase four Boeing 7E7s
- Alitalia unions agree to job and pay cuts
- Qantas hits out at Kiwi High Court decision
- Lufthansa Cargo raises fuel surcharge
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| SEPTEMBER 22, 2004 |
- Indian shipping scenario in for sea change
- India, UK sign trade pact
- Exports get added spice
- Malaysia keen to invest in India’s port projects
- Major Ports post 10.13 pc growth in cargo throughput in April-Aug.
- Flights between UK, India to more than double
- Govt to impose ceiling on steel export prices, curb DEPB benefits
- Commerce Ministry seeks Rs 300-cr. grain export sops
- Minister envisages huge investment potential in textile sector
- Importers told to utilise e-facilities for cargo clearance
- IMC meet with top Malaysian trade officials tomorrow
- ECGC to provide political risk cover
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| SEPTEMBER 21, 2004 |
- Market eyes $50 crude as bullish trend continues
Storm disruptions to US crude oil production and imports and renewed anxiety over the ability of Yukos to continue exports, combined to push crude to a one-month high today.
- Environmentalists apply pressure after bunker spill
International protesters outline argument for closure of $12 million Sakhalin Island gas project.
- Bunker purchaser to go following restructuring
- Salalah: STS bunker transfers resume at anchorage
STS bunker transers at the Port Salalah anchorage have resumed having been suspended for the monsoon season, although weather conditions may still affect STS regulations.
- Vopak to construct $625m Singapore storage terminal
Vopak awarded the contract for the construction of its fourth terminal in Singapore. Work scheduled to begin in December.
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| SEPTEMBER 21, 2004 |
- CSX launches ShipCSX and announces extension
- Scanners for US-Canadian border
- New Transdanubia warehouse in Hungary
- Henkel shifting from truck to rail
- Hungarian national carrier Malev to be sold?
- HMM to buy new VLCC
- ABX LOGISTICS appoints new Latin America head
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| SEPTEMBER 21, 2004 |
- Fortress to buy Stelmar
- Buoyant CMB goes ahead with Euronav de-merger
- Spending spree on engines as newbuilding surge continues
- Mary Nour disputes hots up
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| SEPTEMBER 21, 2004 |
- Rigdon christens number threel
- Stelios reacts to Fortress deal
- Contract for Conrad
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| SEPTEMBER 22, 2004 |
- Bitter Haji-Ioannou throws down gauntlet in Stelmar sale storm
STELIOS Haji-Ioannou has come out strongly against the $677m sale of Stelmar Shipping to New York financial group Fortress, precipitating an intriguing and possibly bitter trial of strength over the transaction during the next few weeks.
- Fortress has $8bn within its walls
New York-based Fortress Investment describes itself as “a global alternative investment and asset management” firm, writes Tony Gray .
- Italian owners lobby for tax-lease scheme
ITALY’S shipowners have asked their government to back a new tax-lease scheme that could generate up to €15bn ($17.8bn) in additional shipping investment over the next five years.
- Record making potential for German KG market
THE GERMAN KG market is heading for yet another record, writes Katrin Berkenkopf in Cologne.
- Wallenius hits top gear with car carrier coup
WALLENIUS Lines has placed an order for three new pure car and truck carriers (PCTCs) that will be the biggest in the world, writes Hugh O’Mahony.
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| SEPTEMBER 21, 2004 |
- ITF targets Polembros in Belgium
THE ITF’s targeting of Greek owner Polembros Shipping continued yesterday when Belgian dockers in ACV Transcom and BTB unions stopped work for 90 minutes in protest against the treatment of seafarers on the 1978-built 63,000dwt bulker Amber
- Fewer pilots cause Lakes delay
A SHORTAGE of US pilots on the Great Lakes has caused delays for deep sea vessels said Michael Broad, president of the Shipping Federation of Canada
- Izar workers begin strike action
THOUSANDS of Izar yard workers took to the streets today throughout Spain during the first day of official strike action
- Wallenius goes to 8,000-capacity
WALLENIUS Lines has ordered a total of six PCTCs, three of which will be the largest in the world with a cargo capacity of 8,000 vehicles
- Italians urge Berlusconi on orders
THE Italian Shipowners association Confitarma is to ask for State support to allow members to place future newbuilding in Italy
- Maersk drops out of Tango, Samba
MAERSK Sealand is pulling out of two joint US East Coast – South American East Coast routes
- Rivalry on the Savannah hots up
- Dutch dig deeper in Queen's speech
- Bangladesh plans inland box terminal
- Russia to upgrade spill response
- Yukos threatens oil export halt
- Maanav Star refloating postponed
- Norwegian strike escalates
- Rønne-Sassnitz ferry link saved
- Israeli ports hit by general strike
- Stelios to fight Stelmar sale
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| SEPTEMBER 21, 2004 |
- Gulf ports assess damage after Ivan
Several northern Gulf ports have partially re-opened; draft restrictions are keeping vessels out of some harbors.
- Bush: U.S. needs strong maritime biz
Quality seafarers, shipbuilding and strong infrastructure needed to compete effectively, President Bush says in position paper.
- Maersk Sealand to do Samba -- alone
- NCBFAA wants talks on service, charges
- Miami terminal plans conditional Saturday hours
- EU customs rules challenged by U.S.
- C-TPAT partners top 7,000
- NY/NJ hub status hangs on rail tunnel: Pol
- Derailment delays Vancouver traffic
- Shenzhen eyes subsidies for logistics
- Martinair hikes fuel charges
- India plans Nehru congestion remedy
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| SEPTEMBER 21, 2004 |
- Canadian longshore-workers criticise background-check plan
Vancouver longshore workers yesterday criticised plans to introduce extensive worker background-checks, accusing federal officials of violating individual rights and discriminating against immigrants, in proposals going far beyond port anti-terrorism measures.
- Zim plugs all-water route as shippers shun US West Coast
Zim Integrated Shipping Services said that it will introduce more all-water services to the US East Coast because shippers prefer this route.
- EC hearings to steer clear of shipping’s twin storms of 4056/86 and port services
- Italy container-transport operators to strike over failed tariff increase
- TMM Lines to share on Europe to South America VSA
- Georgia on the climb
- Upwardly-mobile Nakhodka plans to double throughput
- LA port chief quits
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| SEPTEMBER 21, 2004 |
- easyPhone?
Stelios spokesman says founder's phone has been ringing off the hook as other stakeholders weigh in on Stelmar.
- Wallenius goes big
Swedish owner takes three 8,000-vehicle carriers at Daewoo for delivery in 2007 and 2008.
- Tanker king gets Aktiv
John Fredriksen rebuilds stake in Norwegian debt collecting agency.
- Tanker stocks continue bull run
Seven owners have hit 52-week highs this week on high trade volumes.
- Murmansk plans Kola terminal
Russian owner is planning to build oil facility to handle 7m tonnes a year.
- RBS expands shipping team
Lombard Maritime and marine derivatives to be folded into Lambros Varnavides' shipping department.
- Pan Ocean workers want equity
STX takeover could be hindered if staff do not get a cut of the Korean company.
- Yard workers strike
Izar shipwrights take to the streets and barricades in fight for jobs.
- CSG sends tanker for scrap
Hong Kong listed China Shipping Group sells handysize Daqing 45 to domestic breakers yard.
- ACLN victims to get cash
SEC deal with Aldo Labiad will return $27.6m to investors in fraudulent car carrier venture.
- India dredges up problem
Sri Lanka worried over neighbour's plan to open up Palk Strait to bigger vessels.
- Quartet flunks inspections
Canada holds four ships after failed port state checks in August.
- Stelmar stock edges up
But share price increase held back as Stelios Haji-Ioannou considers merits of the Fortress bid.
- Stena charters to Fortum
Finnish energy company takes another two aframaxes for up to three years.
- Gas ship saved by a hair
A brand-new ship lost power and narrowly escaped being slammed on Norway's rocks this morning.
- Galveston finds LNG lucrative
Preliminary deal to lease land to BP Energy shows appeal of gas terminals for ports.
- Indian yard plots IPO
Privately owned Bharati Shipyard wants to build new yard and target bigger newbuilding contracts.
- India and Malaysia talk ferries
Trade officials keen on passenger link using port of Chennai.
- Trico slapped with default notice
Commercial lenders get hot and heavy despite company's pact with bondholders.
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| SEPTEMBER 21, 2004 |
- Evergreen adds Web enhancements
- TMM takes space on Europe/Brazil link
- Stelmar Shipping directors approve $677 million takeover
- Maersk Sealand goes it alone in U.S./Brazil trade
- NYK Group stages attack on LNG carrier in anti-terrorism exercise
- Navalmar, V Ships gain control of MC Shipping
- Park takes over as president of Hanjin as Choi steps down
- Lufthansa raises fuel surcharge
- FMC considers 4 OTI applications, revokes 13 licenses
- ACE begins to attract more users
- NCBFAA: Eliminating tariff-publishing more beneficial to NVOs
- U.S. Customs seeks solid data on companies that receive imported goods
- DHX splits services, changes international name to DGX
- Target Logistics raises revenue, income
- U.S. lifts sanctions on trade and transportation to Libya
- U.S., India strengthen trade partnership
- Houston awards contract for soils testing at Bayport
- Keller, L.A. port director, resigns amid political turmoil
- Hutchison gains six-berth concession in Thailand
- Ports between Gulfport, Miss. and St. Marks, Fla., remain closed
- Rotterdam dockworkers start 24-hour strike
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| SEPTEMBER 21, 2004 |
- Remontowa pitches for Norwegian gas ferries
Polish yard Remontowa are among the yards pitching for contracts to build up to five gas ferries for companies operating ...
- Fosen struggle to agree with Baltiysky Zavod
Fosen Mek Verksteder continue to struggle to put the final finance package together to built two roro vessels worth NOK ...
- Substantial fee likely for "Marte" salvage
In the aftermath of the dramatic salvage of the 3,030 DWT LPG tanker "Marte" just south of the Mongstad refinery ...
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