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| SEPTEMBER 24, 2004 |
Shipping News
- UK-flagged ships put on heightened terror alert
BRITISH-registered ships are under orders to sail at heightened states of alert in a maritime zone that stretches from Gibraltar to the Philippines, the Lloyd's List shipping newspaper said.
- US congestion to raise costs: lines
MITSUI OSK Lines, Neptune Orient Lines and other shipping companies estimate costs on Asia-US trade routes will rise by at least 10 per cent next year because of congestion at ports in the United States.
- Scarcity of ships pushes up Persian Gulf tanker rates
THE cost of shipping crude oil from the Persian Gulf to Asia rose as oil companies and traders competed for a limited number of ships.
- Indian yard plans to raise 750m rupees in share sale
Admiralty Casebook
- Admiralty action on aircraft permitted
THE erroneous arrest of an aircraft under an admiralty action does not make the entire proceeding a nullity.
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| SEPTEMBER 24, 2004 |
- HKCTOA chairman advises government to not invest in CT 10
- Changsha Star Container Terminal opens for business
- Massive flyover in Xian starts operation
- Lion City determined to remain leading port
- Exel opens Motorola distribution centre in Malaysia
- NYK conducts anti-terrorism training exercise
- China, Germany discuss possible aviation pact
- Peter Smith joins BARC
- Martinair Cargo increases fuel surcharge
- Polar starts flights to Polar
- K + N opens new logistics centre in Luxembourg
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| SEPTEMBER 24, 2004 |
- Shipping sector to spend $ 5.3 bn on propulsion systems in 2004: Report
- Garment exports rise by 20.8 pc in value terms in Aug.
- 30,000 t. soyameal sold to Vietnam, Thailand
- Indo-Pak cooperation in textile sector vital, says Vaghela
- Pak team picks ICRIER brains to learn about Indian stand on trade issues
- Exports of home textiles to US rise
- Exports may touch $ 75 billion this fiscal, says Kamal Nath
- MbPT tenants to move SC for rent revision
- Rail officials to study Kolkata Port Trust’s proposal for connectivity to Sagar Island
- Ahoy! Supply chain logistics now luring large industrial houses
- Regional Container Lines launches new 1,850-TEU vessel
- PM invites US investors to develop infrastructure sector
- Infrastructure sector registers 5.6 pc growth in April-Aug.
- India now a top FDI destination, says UNCTAD report
- India needs consistent strategy for industrial growth, feels Korean Professor
- Singapore to exempt vessel sales proceeds from tax
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| SEPTEMBER 23, 2004 |
- Lack of funds forces Yukos to cut production
Embattled Russian oil giant's major oil production unit has reportedly reduced output, but exports are safeguarded by alternative payments.
- Bunker expert tells EU, IMO: 'You've got it wrong'
With the introduction of sulphur caps in SECAs in Europe increasingly looking a reality as opposed to a possibility, bunker expert Neil Cockett has called for regulators to rethink.
- Singapore lures shipowners with tax incentives
Leading shipowners and operators granted tax exceptions in Singapore in a bid to encourage international companies to the port.
- Supplier adjusts bunker delivery rates in New York
- MPA to begin phase-out of single-hull barges
MPA moves closer into line with Europe with adoption of IMO regulations and introduction of tougher licensing for Singapore's single-hulled oil product tankers.
- SIBCON: Revisions to Singapore CP60 revealed
Tan Lay Thok, manager for marine licensing at the Maritime and Port Authority (MPA) of Singapore, today unveiled a number of revisions to the Singapore code of practice for bunker suppliers (SS CP60) at SIBCON 2004.
- Singapore: OW expands trading team
OW Bunker Singapore Pte have a new addition to their trading team, with another new trader to start next month.
- Singapore: Minister opens SIBCON conference
Singapore's Minister for Transport, Mr. Yeo Cheow Tong, opened SIBCON 2004 "Bunkering Trends and Challenges for the next 2 years" this morning. The Conference has attracted more than 550 participants from over 37 countries to discuss a variety of issues relating to the bunker industry.
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| SEPTEMBER 23, 2004 |
- Roadway: customer-specific Mexico rates on the internet
- Battle of the Brenner toll continues
- Birkart Globistics provides AirTextainer in four sizes
- Alpine transit traffic growing
- United Airlines CEO predicts significant job losses
- Zim announces new name and logo
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| SEPTEMBER 23, 2004 |
- Camillo Eitzen in Gibson Gas Carrier talks
- Singapore-flag single-hull tankers to sail on to 2015
- Baltic Exchange launches new Asian tanker route
- Jambo sinking did not affect food safety
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| SEPTEMBER 23, 2004 |
- Container business downtown has Port of Portland making cuts
- Federal Transit Administrator brings grant for Portland Max Line
- Portland Women's Shipping Club places call for top boss nominees
- TSA carriers complete CEO-level operational meetings
- Odyssey Discovery Center plans exploration series
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| SEPTEMBER 24, 2004 |
- Carnival goes to Fincantieri for ‘biggest shipbuilding deal ever’
CARNIVAL has signed what is believed to be the most valuable commercial shipbuilding deal in history, covering five cruiseships worth $2.7bn at Fincantieri in Italy.
- ISPS Code is no answer to maritime security challenges, warns IMB chief
THE International Ship and Port Facility Security Code alone "cannot defeat the challenges facing maritime security", the International Maritime Bureau has warned.
- Eitzen & Co in talks to buy Gibson Gas Tankers
NEWLY listed Norwegian shipowner Camillo Eitzen & Co is in talks to buy Edinburgh company Gibson Gas Tankers, which owns a fleet of five elderly semi-refrigerated liquefied petroleum gas carriers.
- Moorhouse challenges Levene’s LNG terror warning
LLOYD’S chairman Lord Levene has found himself at the centre of a clash of views over the terrorist threat to energy shipping, writes James Brewer.
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| SEPTEMBER 23, 2004 |
- LNG claim 'not supported by fact'
LLOYD’S Register North America, one of the leading participants in the safety and verification of LNG facilities around the world, has rejected claims made recently by Lord Levine, chairman of insurer Lloyd’s of London, that "a terrorist attack on an LNG tanker would have the force of a small nuclear explosion"
- Golar's Troim warns LNG rivals
TOO many shipping companies are trying to get into LNG carriage and are paying too much money for entry, according to one of the world’s largest LNG carrier owners
- TSA warns of West Coast 'gridlock'
CONTAINER lines of the Transpacific Stabilization Agreement warn that US West Coast gridlock is reaching ‘critical’ levels
- SAfrican unions plan seafarer march
TRADE unionists intend to take to the streets of three South African port cities next week to register solidarity with seafarers unable to leave their ships in US ports
- India protects LNG import carriage
INDIA’S shipping ministry has rejected demands by foreign companies to allow them to bring LNG imports into India on a Cost-Insurance-Freight basis
- MSC joins Costa and RCCL, again
MSC CROCIERE Italiane has joined Costa Crociere and Royal Caribbean Cruises to manage the new Civitavecchia cruise terminal
- LA-LB delay box movement fee
- Carnival places $2Bn cruise orders
- Filipinos call for new department
- Portland forced to cut workforce
- Effects still felt as Ivan returns
- Criminalisation turns recruits away
- Three in dock on pollution charge
- Docenave talks liners with navy
- Ro-ro beached after striking bottom
- Baltic Ex trials with Asian route
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| SEPTEMBER 23, 2004 |
- Port, rail jam seen continuing in 2005
Congestion leads shipping lines in the eastbound Pacific to extend peak-season surcharge on some imported containers.
- New U.S. coalition pushes maritime security
- Asia-U.S. boxes surge | NY/NJ traffic, too
- New JoC Breakbulk Conference dates
- Senate passes port security bill
- Judge promises ruling soon in ILA contract case
- Senate panel approves $600M for air cargo security
- Miami nixes Saturday pick-up
- China Shipping could drop RTW alliance
- Delta selling eight planes to FedEx: Report
- Savannah volume to grow by 150 percent
- Port of Portland cuts 50 jobs
- UPS adds three flights to China, Japan
- Panama wants referendum on Canal expansion
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| SEPTEMBER 23, 2004 |
- Yantian final Phase 3A berth to be operational tomorrow
The last of the four berths at Phase 3A of Shenzhen’s Yantian International Container Terminals (YICT) will be operational tomorrow, a spokeswoman from YICT told ci-online today in Shenzhen.
- Russian Troika to set out this winter
The long-awaited joint-venture between Russian Railways (RZhD) and FESCO has been confirmed by RZhD’s board, and in a form which will allow changes to the new company’s structure and capital.
- Erratic Jeanne wavers towards Florida fall, while Ivan not yet dead
- Malaysian input debate gets ever more keyed up
- International Maritime Bureau: ISPS compliance has not reduced piracy
- New clients force Kerry expansion
- Fashionable Suape goes for handling equipment ‘pret à porter’
- Korean deliveries span the globe, from Shenzhen to Dunkirk to Texas
- Ice lands in Rotterdam
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| SEPTEMBER 23, 2004 |
- Eitzen confirms Gibson deal
Expanding Norwegian owner to acquire vintage LPG carriers as part of focus on chemical and gas shipping.
- Stelmar downgraded
Hibernia Southcoast reduces rating to 'hold' following Fortress offer.
- Thumbs up for Jaya deal
Analysts are backing Sime Darby’s acquisition of 29% of Singapore owner.
- Bubble business?
Web guru declares Excel Maritime may be set to go 'pop.'
- US fund moves on Aker
HBK buys convertible bonds that could give it nearly 13% of Norwegian yard group.
- Wexford sells more of Genmar
Connecticut finance firm parts with 150,000 more shares this week.
- Third Caspian vessel seized
Turkey has arrested another Azeri cargoship in the continuing row over an unpaid state debt.
- Carnival back at Fincantieri
US giant picks favourite yard for four-ship order, bringing its orderbook there to 12 vessels.
- Seabulk still standing
US tanker and offshore vessel owner emerges from Hurricane Ivan expecting stronger third quarter profits.
- UK numbers slide again
Passenger journeys to and from UK ferry terminals take a dip in first half.
- Katerina three in custody
Master and engineering officers from bulker arrested in Long Beach over alleged pollution incident.
- Hapag cruiseship finds home
Veterans of defunct Society Expeditions in the US have chartered the Bremen for six years.
- Torm tanker grounds
Danish owner suffers second product carrier casualty in US waters in less than two months.
- Ocean Boomer sails
Innovative operation to recover commodities begins with recovery ship’s departure from Birkenhead.
- Singapore sets tanker deadline
Locally registered single-hulled tankers will be allowed to operate up to 2015 at the latest.
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| SEPTEMBER 23, 2004 |
- Pacific carriers hurt by port, inland congestion
- ISC cites query about "unusual" activity of common stock
- Coast Guard apprehends stowaway on vessel from Dominican Republic
- Seabulk's Gulf, Florida operations spared by hurricanes
- FedEx posts strong 1st-quarter results, domestic express lags
- Report: U.S. domestic air cargo market struggling
- Northwest matches fuel surcharges
- American, Continental seeks right to enter U.S./China market
- Computer crash disrupts Lufthansa Cargo flights
- Swiss WorldCargo adds capacity on Swiss/Turkish/Pakistani routes
- DHL adds Louisiana ground hub
- Texas, New Mexico get federal help for border truck safety
- Court exempts owner-operator truck equipment leases from arbitration
- FMC rescinds revocation of Pro-Service Forwarding license
- U.S. Chamber report: China's intellectual property protections short
- Investment group buys automotive logistics specialist TDS
- Feds to help fix Florida transportation infrastructure
- Exel joins EPCglobal to develop RFID standards
- Mallory Alexander picks Management Dynamics software
- Osborne joins Informa Economics
- SIRVA names Chan president, Asia Pacific relocations
- New Orleans port chief points up return of steel imports in 2004
- Suape box terminal orders cranes
- USTDA awards grant to Egypt's Sokhna port
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| SEPTEMBER 23, 2004 |
- Lowest bid from Remontowa for gas ferries
Polish yard Gdanska Stocznia Remontowa has come in with a lower bid than its Norwegian competitors with NOK 3.0 million ...
- Smyril Line need more cash to continue sailings
Faeroese private owned P/F Smyril Line goes towards an uncertain future. The company are in the need of cash ...
- Stena Bulk/Fortum cooperation grows
Finnish Fortum has chartered two Stena Bulk 107,000-DWT Aframaxes "Stena Confidence" and "Stena Conductor" for a number of years ...
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