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| FEBRUARY 24, 2004 |
Shipping News
- Poor port facilities will hamper India's trade
INDIA's trade growth could be stymied by inadequate port infrastructure and notorious bureaucratic delays in terminal privatisation, the Asia head of Maersk Sealand has warned.
- Klang expected to be among top 10 ports this year
MALAYSIA's busiest port, Klang, is expected to make it to the list of the world's top 10 container ports this year, the country's transport minister has predicted.
- Port, marine and offshore sectors can apply for MPA fund
SINGAPORE's port, marine and offshore sectors can now apply for a slice of the Maritime and Port Authority of Singapore's $50 million training and skills upgrading fund.
Air and Land Transport
- Airbus, Boeing hoping for boost from Asian orders
AIRBUS SAS and Boeing Co, the world's largest planemakers, are betting a surge in Asian travel will revive their order books at this week's Asian Aerospace 2004 air show in Singapore.
- Gulf Air sets sights on 17% passenger growth
- India set to complete airport sale by end of Aug: minister
- Talks on air traffic control in Pearl River Delta
- Virgin Group wooing Delta COO: report
- Auckland airport's H1 profit up 14% to NZ$45m
Features
- Airbus planes get more American as US$ falls
AIRBUS planes are about to get a little more American.
Bulletin Board
- Bulletin Board
Singapore's marine fuel testing veteran Rex Lim, managing director of DNV Petroleum Services, has retired after 18 years with the group.
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| FEBRUARY 24, 2004 |
- Container clearance at Yantian made faster
- Coscon's new Tokyo terminal opens
- Chinese copper producer to establish forwarding unit
- OOCL christens latest addition to SX-class vessels
- Rickmers transports RTGs to LA
- TPG's outlook for 2004 positive despite 2003 losses
- Malaysia Airlines posts improved operating income in Q3
- Austrian receives new Airbus amid higher earnings
- Menlo, Guangdong Postal Logistics team up
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| FEBRUARY 24, 2004 |
- Varun Shipping plans to acquire second-hand vessels
- Centre clears proposal for duty waiver on imported equipment for oil cos
- Groundnut oil exports yield Rs 300 cr.
- Customs’ inter-port link project for e-payment of duty to be ready soon
- Chennai Port Trust to introduce slot system for iron ore exporters from April 1
- Visakha Container Terminal inducts two RTGCs
- SICL completes loading of one crore tonnes of coal at Vizag harbour
- Allcargo Movers adds Vapi to its MCC list - Appoints Se fare as franchisee
- Nabard launches Rs 50,000-crore farm infrastructure fund
- Infrastructure sector records 5.9 pc growth in January
- Forex reserves rise by $ 899 million
- FCI invites bids for foodgrains stocks
- India Inc keen on Gulf investment, claim Jebel Ali officials
- Steps to promote horticulture products
- Solvent extractors team inspects facilities at Kandla Port
- Arun N. Pai new Finance Director of CONCOR
- IIFT presentation on exports slated for Feb. 27 at WTC
- Improved cargo security reduces import costs: Study
- Reserve Bank’s directive on commission payment
- EC proposes tighter security rules for ports
- Port workers not to join Bharat bandh today
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| FEBRUARY 23, 2004 |
- Engen and Sasol to form African fuels giant
A joint venture of Sasol and Engen's liquid fuels marketing and distribution businesses would create a giant in the sub-Saharan African market, but marine fuels sales does not seem to fit in with the overall profile of a merged company.
- New Orleans 'a mess' as search for crew continues
New Orleans bunkering and shipping markets effectively grounded to a halt today to allow the U.S. Coast Guard (USCG) to search for five crew members from the offshore supply vessel Lee III, which sank Saturday after colliding with a larger ship in the Mississippi Delta.
- New broker at Wilhelmsen Bunkers
- Gibraltar follows regional pointers
- Recent gains reversed on Suez Canal
- Lukoil-Neva puts ice-class bunker tanker into service
With its new high-powered ice-class bunker tanker, Lukoil-Neva will be able to undertake deliveries without the aid of ice breakers and tugs during the winter months when the port's waters are frozen over.
- Prices fall as Istanbul conditions improve
For the time being at least, the severe weather which had been affecting deliveries and shipping in the Istanbul area has moderated, leaving suppliers with good prompt supply opportunities and no current resupply/avails issues.
- Piraeus strike action threatens disruption
Looming strike would halt bunker supplies from 125,000 bpd refinery.
- Singapore majors hold ground as bunkers fail to follow crude
- Rotterdam softer with crude
- ENAP $3.5m bunker investment pending approval
The Chilean state-owned oil company Empressa Nacional del Petroleo (ENAP) has confirmed that it plans to invest $3.5 million to establish the first bunker fuel supply operation in the very south of the country.
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| FEBRUARY 24, 2004 |
- Eurosib wins contract for hydrofluoric acid shipments
- UAL gets 30 day deferral on submission of restructuring plan
- Port of Marseille looks inland
- Dr. Roland Schütze new worldwide sales chief at Lufthansa Cargo
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| FEBRUARY 24, 2004 |
- DNV sets up German committee
- Belships enjoys good Q4
- Keppel begins US$126m build
- NorseMerchant upgrades Irish Sea service
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| FEBRUARY 23, 2004 |
- Key completes $47 million deal for K-Sea
KeyBank (NYSE: KEY) Commercial Banking announces thatb it served as administrative agent on a $47 million financing package for K-Sea Transportation Partners L.P.
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| FEBRUARY 23, 2004 |
- Study finds distribution/logistics means jobs for Portland area
- Accident causes tanker to lose oil into Mississippi
- World Trade Center Tacoma sets contest for High School students
- Mary Shaver selected as Portland Shipping Club's 'Old Salt'
- Port of Bellingham uses television to deliver message on Whatcom economy
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| FEBRUARY 24, 2004 |
- Smit raises Tasman Spirit fore section
SMIT Salvage teams in Pakistan have turned their attention to the aft section of the Tasman Spiritafter refloating the forward part of the ruptured tanker (above) last weekend in what, according to some sources, appears likely to become a more costly wreck removal than earlier anticipated.
- Seaspan to smash own record with 10,500 teu ship
SEASPAN Container Lines is set to shatter yet another world record, with plans to raise the size of ships now on order in South Korea to 10,500 teu.
- SCT unveils £15m plan to boost capacity
SOUTHAMPTON Container Terminals intends raising annual capacity to 2m teu through investment in new equipment, writes Janet Porter.
- February renewals puts Gard in photo finish with UK Club
GARD P&I Club is reported to have topped the 120m gt mark in the policy renewal round - carrying it neck and neck with UK Club as to which is the world’s largest.
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| FEBRUARY 23, 2004 |
- Oglebay Norton seeks protection
OGLEBAY Norton, which operates the largest bulk fleet on the Great Lakes, has filed for Chapter 11 bankruptcy protection and will utilise an emergency $75M credit facility to continue operations uninterrupted, according to president Michael Lundin
- French slam pollution proposal
THE French shipowners’ association, Armateurs de France, has strongly criticised the wording of a proposal for an anti-pollution law
- Irish Ferries to suspend services
IRISH Ferries is expected to go ahead with its planned suspension of three services by Friday after reaching no agreement on reduction of manning on its ships
- Belships sells Gibson Gas stake
BELSHIPS, the Norwegian bulk shipping company with interests in product and gas tankers plus dry bulk, is to sell its 60% holding in Gibson Gas Tankers
- Louisiana spill contained
A 22,000-gallon (83,000 litre) oil spill caused from a collision on 19 February on the Mississippi river has been contained with "very little" environmental impact
- Mississippi closed during search
CLOSURE of the Mississippi river to traffic at Pilottown, Louisiana has left 32 ships waiting to move north and 25 trying to leave port for the Gulf of Mexico
- Grimaldi awaits Cuba business
- Signs of reawakening in Israel
- Deutsche Bank builds Star stake
- Cruise calls despite Santos strike
- Further repairs for Belgian dredger
- Boxship rates continue to climb
- Zim share issue 'not on the cards'
- Kwangyang lures foreign lines
- Thais invest in port development
- MSC on acquisition spree
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| FEBRUARY 23, 2004 |
- Mississippi wreck to be cleared
Coast Guard calls off rescue, reviews salvage plans after one body recovered, others sighted in sunken supply ship.
- Strong start for West Coast ports
New Year produces double-digit increases in containerized imports from Asia.
- Charter boom pressures liner rates
- Customs reviews ‘shipper’ definition
- CN: Minimal delays from strike
- Hamburg Süd drops Long Beach call
- Five bidders for Nehru box terminal
- Taiwan port gets upgrade
- CombineNet, Siemens sign software agreement
- Chapman to head Shapiro’s Northeast sales
- Great Lakes Cold Storage expands network
- Charleston plans security surcharge
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| FEBRUARY 23, 2004 |
- Canadian shippers brace for long rail strike
Canadian shippers are bracing for possible traffic disruptions, with no quick end foreseen to the strike begun Friday on the country’s largest railway, Canadian National (CN).
- Public-sector strike at Peru’s Callao to close port
The Port of Callao is to be closed by a strike tomorrow, a public-sector protest about upcoming privatisation which is not supported by frustrated private operators at the port.
- Mississippi River entrance blocked due to collision
- Tough new rules for NZ shippers
- Hamburg Sud to separate Americas services, citing 24 hour manifest rule
- Truck traffic through Switzerland stabilising as rail grows
- K Line plans expanded Indian coverage
- Gwangyang January throughput up 18.5%, thanks to new foreign liner-calls
- Feeders still available with ‘attractive’ delivery dates, says owner/manager
- Belgium to give €30m annual subsidy to domestic container rail-traffic
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| FEBRUARY 23, 2004 |
- Divers search supply ship for bodies
But focus now shifting towards re-opening Mississippi river.
- US customs reviews 'shipper' definition
New rule asking carriers to identify shippers put on ice after challenge.
- Mid-Ship opens in China
US broker forms alliance with Beijing’s Powerbase.
- Kristian Gerhard Jebsen dead at 77
Son pledges family commitment to Gearbulk and other businesses will continue.
- Marathon buys Statoil shuttle tanker
US oil company to convert Odin to FPSO for Alvheim project.
- Boxship safety alert
UK and Germany act on risk to dockers working on deck.
- Oglebay Norton files for Chapter XI
Fleet of a dozen self-unloading lakers to continue to trade through financial crisis.
- MOL and Evergreen ships held in Canada
Japanese and Taiwanese owner's boxships make port state detention list for January.
- Deutsche Bank in stellar move
Top German institution becomes second largest shareholder in Star Reefers.
- Hapag-Lloyd enjoys new high
German container line’s boss says 2003 has produced biggest ever profit.
- Victoria denies involvement in trawler deaths
Philippine owner of ship accused of hit and run offers inspection of vessel.
- Crash creates cruise chaos
Mississippi River closure leaves thousands stranded on the eve of Mardi Gras in New Orleans.
- Russian yard to pay off debt
Volgaflot unit Okskaya to clear loan from regional government by 2007.
- Four crew rescued in Caspian
Rescue teams pick up more men from lifeboat after ship sank off Kazakhstan.
- Mississippi collision claims five
Offshore supply boat sinks after collision with Bertram Rickmers boxship in busy US waterway.
- New listing for China Shipping
Chinese giant forms new container unit with overseas float in mind.
- Taharoa Express declared "hazardous ship"
NYK bulker ordered to remain 50 miles off New Zealand coast after suffering total power loss.
- ASL Marine sees profits slide
Increased costs take their toll at Singaporean shipbuilding to chartering group's interim results.
- Torch takes back Midnight Hunter
US offshore operator re-charters ship twelve months after canceling contract over specifications.
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| FEBRUARY 23, 2004 |
- Coast Guard closes access to Mississippi after vessel collision
- Canada 24-hour rule leads to surcharge
- OOCL adds 8,063-TEU ship to transpacific
- Australia issues maritime security warning
- Seatrade, LauritzenCool start Rotterdam/Cape Town service
- Ship's chief engineer, owner, manager indicted for dumping oil at sea
- Corps prepares environmental statement for upper Mississippi
- U.S. Customs delays change to "shipper" definition
- State Department rolls out paperless export control system
- WWF asks U.S. importers to pressure Asia Pulp and Paper
- Canada takes antidumping steps against Mexican, Chinese blinds
- USDA reviews seven petitions for trade assistance
- USAID supports transport of medical supplies to Haiti
- South Carolina ports impose security surcharge
- "K" Line, Maersk in joint terminal lease in Kobe
- Southampton terminal orders semi-automated yard cranes
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| FEBRUARY 23, 2004 |
- "Geroi Sevastopolya" sold for scrap
Russian owned panamax product tanker the "Geroi Sevastopolya" of 55,879 DWT - 12,648 ldt, is sold for scrap to China at ...
- Estonian domestic ferry lines nationalized
The Estonian government has decided to nationalize the ferry operation between the island of Hiiumaa (Dagö) and Saaremaa (Ösel) and ...
- Private Danish oil recovery vessel ready
A private Danish company is now trying to get into the growing market for capacity for oil recovery after collisions ...
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