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| MAY 24, 2004 |
Shipping News
- Asian voice clearly heard at IMO: chief
THE Asian maritime voice is clearly heard at the International Maritime Organisation , despite perceptions to the contrary, according to its secretary-general Efthimios Mitropoulos.
- Only 5 Philippine flagged ships meet ISPS code
ONLY five ships out of the 165 vessels under the Philippine registry have complied with the International Ships and Port Facility Security Code.
- Over 200 missing after storm overturns ferry
MORE than 200 people were reported missing yesterday after a ferry capsized in Bangladesh, officials said.
- Shipping Australia welcomes greater inspection
SHIPPING Australia has welcomed moves by the Australian government to raise the level of customs inspections of ships visiting Australian ports.
- Norway's Camillo Eitzen to raise US$60m in listing
CAMILLO Eitzen & Co, a Norwegian shipping company, plans to raise about US$60 million in an initial public offering to fund expansion of its fleet.
Air and Land Transport
- World pays heavy price for global airline boom
IN Sydney airport's crowded international terminal, passengers make last-minute passport checks or fret over toddlers in pushchairs as they wait in the snaking queue to check in for the 23-hour flight to London.
- US Airways seeks 'partnership' with unions
- Bookings to Pacific islands double on low fares: Air NZ
- Roof collapse at Paris airport kills 6 people
- Log Book
Ship Sales
- Ship Sales
EVEN with the return from holidays in the Far East, the levels of activity remained low throughout the week as the dry bulk chartering rates remained under downward pressure.
Liner Scene
- NOL will do well not to put all its eggs into one basket
SO, well done to Neptune Orient Lines for its much improved results.
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| MAY 24, 2004 |
- Logistics conference promotes HK logistics strengths
- PONL set to become more externally focussed
- Terminal operators at Kwai Chung face difficult months ahead
- MOL climbs ladder in latest Forbes ranking
- Gulf Air reports improved net loss
- New financing arrangement for Evergreen International Aviation
- PAL, Royal Brunei in code-share deal
- Sweet 16 for Emirates as it wins another cargo airline award
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| MAY 24, 2004 |
- Essar Shipping net goes up by 13 pc
- OOCL announces customised AMS service - Direct, fixed-day weekly service ex-MICT and NSICT
- PL Shipping & Logistics awarded ISO certificate
- Domestic shipping firms set sail for Singapore bourse
- Study finds India’s tariff binding ignoring import sensitivity
- Ramifications & benefits of enlarged European Union for Indian trade spelt out
- Logistics company to set up warehousing facility in Europe for knitwear exporters
- Chinese poised to bite into luscious Andhra mango
- Govt set to cut base price for soya oil imports - Global palm oil suppliers worried
- KoPT opens single-window computer system at KDS
- CONCOR augments facilities at ICD-Dadri
- CII draws up 7-pt agenda to give industry sharper teeth in global arena
- Economy will attain great heights under Dr Manmohan Singh, avers Fieo chief
- Rajasthan CHA Association’s new office-bearers elected
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| MAY 21, 2004 |
- Hong Kong players seek new OPL position
Hong Kong may see business severely effected when new regulations ban ships from anchoring at the present OPL position.
- Singapore: Car carrier sinks following collision with VLCC
Antipollution craft continue to monitor the situation in Singapore today following a collision between a car carrier and a Very Large Crude Carrier (VLCC) carrying 279,949 tonnes of crude oil, six kilometres south-east of Sentosa Island.
- West African bunker markets end week on a high
West Africa bucked the market trend this week as prices dipped at the beginning of this week although crude oil prices were at an all-time high.
- Oil falls for second day ahead of Amsterdam talks
OPEC under pressure to supply more oil, but would raising quotas really help?
- Mixed price picture from Baltic bunker market
Supply conditions improving and prices mostly softer today.
- Chinese absence leaves abundance of off-spec product
IFO380/IFO180 bunker price spread slips from last week's highs, but high costs continue to render blending unprofitable, say reports.
- Rotterdam market holds firm
- IMO chief seeks International cooperation on terrorism-piracy
- Refinery problems cause more supply concerns in Uruguay
- Brazilian supplier resumes IFO380 deliveries
- ISPS code: Worrying figures as deadline looms
With just 40 days remaining for the certification of ships' security measures under the ISPS code, it has emerged that the vast majority of the worlds ships still do not comply, leaving them exposed to loss of insurance and a ban from ports.
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| MAY 21, 2004 |
- China’s wheat imports to more than double
- ITF fury at IMO’s bulker hull U-turn
- Beware of jumping on bulker boom bandwagon, says Moore Stephens
- Lykes Lines expand US-S America service
- Hutchison "to buy into CSCL"
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| MAY 21, 2004 |
- Shipping groups join to form security council
- US rail freight traffic continues string of up weeks
- Commonwealth Business Media buys maritime publishing company
- Port of Tacoma taps Taormina to lead international auto business
- DHS sets new security rules for US passenger rail systems
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| MAY 24, 2004 |
- Festival’s investors give up the battle to stay in business
SHAREHOLDERS of the Festival Cruises group’s main Italian operating company have finally pronounced themselves ready to call off their four-and-a-half-month battle to keep the company in business.
- Bank takes over Poulides cruise agency
ITALIAN bank Banca Carige has taken control of Medov, the Italian cruise agency formerly controlled by Festival Cruises chairman George Poulides.
- ITF condemns ‘U-turn’ on double hull bulk carriers
THE International Transport Workers Federation has condemned what it termed the "extraordinary U-turn" made by International Maritime Organi- zation administrations, following last week’s reversal of plans to make bulkers carrying high density cargo built after 2007 double hull by international law.
- ISPS deadline will bring delays but no major disruption, Intertanko chief says
INTERTANKO chairman Stephen Van Dyck expects there will be delays for ships when the International Ship and Port Facility Security Code comes into force on July 1, but it will not be a "train wreck".
- USCG warns code will cause delays at Houston
US COAST Guard officials in Houston, the biggest oil port in the US, anticipated that there would be traffic delays at the port from July 1, when the International Ship and Port Facility Security Code comes into force and security checks on incoming vessels get under way in earnest.
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| MAY 21, 2004 |
THE chairman of Izar was replaced today as the future of the ailing Spanish shipbuilding group looked even more uncertain
- California wants port emissions cap
CALIFORNIA State Assembly has approved a bill to cap air pollution from ships and cargo operations at Long Beach and Los Angeles, according to AP today
- Proposal to end ghost ship impasse
GHOST ships may have an easier path to the scrap yard if a bill introduced yesterday by Congressman Phil English is passed
- Two new tanker berths for Dalian
CHINA is to add two new berths for 50,000dwt tankers at Dalian’s dedicated petrochemical terminal, according to energy ministry publication PetroChina
- LNG permit sought in US Gulf
COMPASS Port has sought permission to build a deep water LNG gas terminal in the Gulf of Mexico off Alabama
- Filipino seafarers may be taxed
A PROPOSAL to collect taxes from millions of Filipino workers overseas, including its more than 200,000 seafarers working on ocean-going ships, is gaining ground
- No surprise as Li moves in on CSCL
- Peter Pan pod problems
- Refugee ship taken in tow
- PD Ports sees Dibden opportunity
- Moratinos in hot water over Gib
- HNS Convention moves ahead
- Costa visit supports Ankara move
- Mitropoulos to hear Asian concerns
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| MAY 21, 2004 |
- New pact for NY longshoremen
International Longshoremen's Association and the New York Shipping Association have tentatively agreed on a local contract for the Port of New York and New Jersey.
- Trade: Feds should regulate security
Customs & Border Protection measures making companies more efficient by forcing them to take a closer look at their operations, executives say.
- Dems urge Bush to boost highway spending
- UPS may take Airbus superjumbo: Report
- Singapore backs U.S. sea patrols
- EU pact boosts Russia WTO bid
- Lykes launches second Gulf-Brazil service
- U.S. screening containers in Tokyo
- U.S., EU close to open skies deal
- BNSF sets LA lift records
- Battista, Exel executive, dies
- Offer for MC Shipping extended
- Port of Houston to review Bayport contracts
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| MAY 21, 2004 |
- Suape dockers prepare for battle
Dockers at Brazil’s Tecon Suape are preparing for industrial action as today’s deadline, set by the stevedores’ union, for Tecon terminal administrators to start contract negotiations passed.
- Li Ka-shing to buy 10% of CSCL stock
Hutchison chief Li Ka-shing will spend up to US$120 million to buy 10% stake in China Shipping Containers Lines' (CSCL) initial public offering when it lists on the HK Stock Exchange in mid-June.
- Cosco terminals expected to sustain this year's growth
- CSAV partners CMA CGM in ECSA service
- Team Lines sets up third loop
- Congress set to halt India’s privatisation programme
- Rickmers orders two more 4,250TEU ships
- Lines lift Canary rates
- Correction: ‘Level playing field' needed in South China terminal industry
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| MAY 21, 2004 |
- MC takeover bid extended
Burke Investments leaves offer on the table for another 7 days.
- Case dropped against Greenpeace
Judge throws out US government charges using 'prostitute' law.
- Jinhui revels in "remarkable" result
Chinese bulk carrier owner plans move from lucrative spot charters in change of strategy.
- HMM wraps up boxship order
Korean owner confirms $250m deal for three 6,800-teu ships at Hyundai Heavy Industries.
- Sasebo slims loss
Japanese shipbuilder forecasts a return to profit this year.
- Li Ka-Shing linked to CSCL
Asia’s richest man is said to be interested in participating in stock listing of Chinese container line.
- Tokai cutting losses
Japanese ferry owner had a better first quarter and is predicting a profit this year.
- CSAV targets India
Chilean container line has big plans for its Europe to India operations.
- TEN ties-up Silia T
Unnamed Russian oil company takes Tsakos Energy Navigation suezmax on charter for two years.
- Tamai slides deeper into the red
Things go from bad to worse for Japanese bulker player as it forecasts an increase in losses.
- Inui on the rebound
Fortunes of Japanese bulker owner transformed by strong market in year to 31 March.
- Strong start at Bintulu
Increase in LNG shipping activity helps lift first quarter profits at listed Malaysian port operator.
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| MAY 21, 2004 |
- Lykes adds U.S. Gulf/Venezuela/Brazil service
- Guonason named president, CEO of Eimskip
- NOAA forecasts average year for Pacific cyclones
- Cargo contributes to Singapore Airline's bottom line
- U.S.-flag Great Lakes carriers see increased dry bulk volumes in April
- NCBFAA weighs in on bioterror rules
- U.S. starts Andean free-trade agreement negotiations
- U.S. soybean shippers support free trade if other countries cooperate
- U.S. Fish and Wildlife investigation nets numerous arrests in Brazil
- CSI screening begins at second Japanese port
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| MAY 21, 2004 |
- Easy ship transfer in EU through new directive
The new transfer of ships regulations will enter into force on 20 May. They regulations cover the transfer of ships ...
- Danish multi-supply vessel in "Prestige" recover work
Esvagt, subsidiary of Em. Z. Svitzer A/S, has signed their multi-purpose supply ship "Esvagt Connector" for a period ...
- No mandatory rules for dubble hull on dry bulkers
Greece won a fierce row with the U.K. in the IMO Maritime Safety Committee, and as a result there will ...
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