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25 September 2020 The on-line newspaper devoted to the world of transports 14:55 GMT+2

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The Business Timesweb site
OCTOBER 25, 2004
Shipping News
  • Sweden's Arlington Tankers is latest to go for NY listing
    NEWLY formed Arlington Tankers, jointly owned by Sweden's Stena and its affiliate Concordia Maritime, is the latest move by the shipping world to list on the New York bourse.
  • Middle-East oil-product tanker rates at 3-yr high
    THE cost of shipping jet fuel and other so-called clean petroleum products from the Middle-East to Asia rose to the highest in more than three years as oil companies in China and Japan increased purchases of kerosene and gasoline to build inventories for winter demand.
  • Hyundai Mipo wins orders for 9 tankers
    HYUNDAI Mipo Dockyard Co, an affiliate of the world's biggest shipbuilder Hyundai Heavy Industries Co, said it received orders to build nine chemical tankers for three companies.

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Sched Netweb site
OCTOBER 25, 2004
  • UPS net income rises in Q3
  • HPH to develop container terminal in Poland
  • NYK vessel makes maiden Manila call
  • FPS Logistics to help Thai charity
  • U-Freight opens new logistics hub in Malaysia
  • Port of Tacoma appoints executive director
  • Continental urges DOT to approve its China service application
  • UA to retain Bridge Associates for analysis of restructuring plan
  • BA, China Airlines to use Menzies in Houston
  • Primaris Airlines to buy 40 Boeing planes

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Exim Indiaweb site
OCTOBER 25, 2004
  • Gulf Energy Maritime awards Hyundai Mipo multi-million dollar deal
  • Famous Pacific Shipping relocates in Port Klang
  • ANL joins new SCX service with CMA CGM
  • Cosco Shipping completes deal for 40 ships
  • Lines hit by US congestion to charge levy
  • Tianjin port to undergo radical expansion
  • APM Terminals to manage terminal in Zeebrugge
  • Iraq seeks help of Gulf ports to import wheat
  • Indian investment in Egypt may touch $ 1 bn by 2006
  • Carpet expo generates orders worth Rs 45 crore
  • Oilmeal exports surge by 144 pc
  • Port surcharge levied on export cargo bound for US, Canada
  • Union demands early start to box terminal work at Vallarpadam
  • Kandla Port increases draught to 11.5 metres
  • ASIS Group to open branch office at Gandhidham today
  • 2-yr stipulation for sale of used capital goods by EOUs in DTA goes
  • UK team here scouting for tie-ups in maritime sector
  • Making sense of the metal scrap import directives
  • Wide variety of issues on freight forwarding discussed at FIATA's well-attended World Congress 2004
  • RBI Chief Economist projects India's decade of development
  • Importance of ex-im trade stressed at Export Import Workshop meet
  • Acceptance of Metal Scrap: The State of Play

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The Bunker Bulletinweb site
OCTOBER 22, 2004
  • Octel claims breakthrough in fuel oil testing
    Bunkering industry stands to benefit from breakthrough in the science of predicting the stability of heavy fuel oils, offering portable, easy to use equipment.
  • ARA supply improves as oil major returns
    A supply squeeze in Antwerp improved this week with the return to the regional trade and spot market of oil major Total.
  • Rotterdam bunkers steady, congestion grows
  • Q3 profits soar as SPC celebrates 35th anniversary
    Singapore Petroleum Company (SPC) celebrates its 35th anniversary today, and the listed company also has cause to celebrate its Q3 results reported today.
  • China still set to see record fuel oil imports
    Despite continued falling fuel oil imports into China this month amid high prices, the country is already close to breaking a record for annual imports.
  • Cracker investment could see fuel oil prices rise
    Investments in crackers to produce high value light products could see fuel oil supplies dwindle and prices rise.

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International Transport Journalweb site
OCTOBER 25, 2004
  • Alacat 2004 from 7-10 November in Barcelona
  • EU approves Belgian port subsidies
  • German logistics prize 2004 for Tchibo
  • Tesco orders 120 Krone Cool Liners
  • Northwest Airlines Q3/2004 results down
  • Stena Line increases Sweden-Poland freight capacity
  • Rolf Dieter Riedl handing over charge at the Riedl group

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Maritime Global Netweb site
OCTOBER 22, 2004
  • Frontline and Euronav sell single-hull VLCC
  • Brussels tells yards to give back subsidies
  • Skaugen LPG carrier purchase fails
  • Teekay sees record Q3

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Marine Logweb site
OCTOBER 24, 2004
  • Chouest forms Brazilian Shipbuilding LLC
  • Bollinger to build asphalt barges

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World Wide Shipperweb site
OCTOBER 22, 2004
  • Tacoma Port Commission taps Farrell as executive director
  • Rail intermodal freight sees second best week ever
  • Crowley donating $2 million to U.S. Merchant Marine Academy
  • Hanjin bringing larger ships to Port of Portland calls
  • DOT taps Polar Air Cargo as newest China flyer

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Lloyd's Listweb site
OCTOBER 25, 2004
  • Stena and Concordia are latest runners in the New York share offering race
    STENA of Sweden is set to become the next shipping group to undertake a tanker company initial public offering in New York.
  • New contracts boost SBM's order book by $725m
    IHC Caland's Monaco-based subsidiary, Single Buoy Moorings, has clinched three offshore contracts in Brazil, Turkmenistan and India, expanding its order book this year by $725m.
  • Hyundai Mipo cashes in on Middle East exports boost
    HYUNDAI Mipo Dockyard has taken advantage of ambitions in the Middle East to boost export capacity by raking in orders for nine more product and chemical tankers, in two deals worth a combined $346m.
  • CMA CGM plans to build new headquarters - again
    FAST-expanding CMA CGM has announced plans to build a new headquarters in Marseilles just two years after inaugurating its existing head office in the Mediterranean port.

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Fairplayweb site
OCTOBER 22, 2004
  • Italy agrees to take in stowaways
    THE drama of 13 Turkish Kurd refugees, who had hidden in a container, has ended with Italy finally agreeing to take in the illegal immigrants
  • NYK clinches China Oil charter
    NYK has inked a long-term charter with China Oil said to be the first such agreement for a Chinese oil company
  • Korea Line sells stock to Daewoo
    KOREA Line has fortified itself against possible takeover attempts by selling seven per cent if its equity to friendly investor Daewoo Shipbuilding
  • Tidewater figure less than forecast
    TIDEWATER, the US offshore giant, announced net second quarter 2004-05 earnings at $16.3M, a little under analysts forecasts
  • Philippines single-hull ban opposed
    THE Philippines' Maritime Industry Authority (Marina) is planning to ban single-hull oil tankers in the domestic trade with effect from 2008
  • UK cruise line takes Silja's Walrus
    TRAVELSCOPE, the UK tour operator, will expand its cruise activities through the charter of a 580-passenger vessel from Silja
  • Basque interests reject Izar plan
  • Nhava Sheva surcharge imposed
  • Recovering Canaveral hit by tornado
  • Captain cleared of failing to assist
  • Louis to run cruises ex-Greece
  • Maersk bids for Kenyan railways
  • Arlington to buy Concordia V-Maxes
  • Posco to expand LNG capacity
  • Alaska $50/head cruise tax proposal
  • Crew safe as typhoon lashes ships

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The Journal of Commerceweb site
OCTOBER 22, 2004
  • Hanjin to expand Portland operations
    Port congestion in Southern California sends Korean carrier up the coast for direct Japan call.
  • Bush signs tonnage tax bill
    Jobs legislation includes tax-relief measures for U.S. shipping.
  • Another record for rail intermodal
  • Railroad goes after ports business
  • USF Corp. profit falls on charge
  • Japan, U.S. on lifting of beef import ban
  • Lufthansa forms new China cargo airline
  • Surcharge for jammed Indian terminal
  • Hutchison enters Polish market
  • New president for GATX
  • Mandatory elements of C-TPAT coming?
  • Congestion shrinks LA imports

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Containerisation Internationalweb site
OCTOBER 22, 2004
  • Australian review proposes end to anti-trust immunity
    Australia's Productivity Commission (PC) has called for an end to anti-trust immunity for liner services, in what is being described as a 'shock reversal' of the last review, in 1999.
  • Rotterdam rues costly crude calculation
    The Rotterdam port authority is facing claims totalling about €230 (US$290.46) million to refund 'disproportionately high' harbour dues for crude oil tankers.
  • Swire sets up ANZ trans-Pacific challenge
  • PSA's Ng Chee Keong announces retirement
  • Cosco aim at 600,000TEU capacity within five years
  • CN Rail's China offices to target N. American imports
  • HPH takes Pole position in Gdynia terminal
  • Tacoma appoints Farrell as Riniker replacement

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TradeWindsweb site
OCTOBER 22, 2004
  • If at first...
    Top Tankers goes back to market for $25m it did not get in July IPO.
  • Refugees threaten mass suicide
    Italy and Malta have put Matthias Dabelstein in the middle of a desperate crisis on board one of his ships.
  • VLCCs break $200,000 barrier
    Records continue to tumble as Eastern Mediterranean tanker reported fixed at World Scale 275 into Korea.
  • Drytank hits IPO trail
    Cantor Fitzgerald and DVB Bank are leading George Economou's IPO drive.
  • Panama mulls new charges
    Meeting of Canal's board in Chile considers future of tariffs.
  • Australia edges closer to cartel repeal
    Liner companies would have to prove cost-benefits to win future competition immunity.
  • RCL expands
    Thai operator to buy two boxships and increase agency presence in Vietnam and the Philippines.
  • Navibulgar thrives
    Profits rise at Bulgarian state owner, as privatisation process steps up a gear.
  • More profit for Concordia
    Swedish owner could book $66.8m from sale of VLCCs to US joint venture, while nine-month earnings soared.
  • Thailand kick-starts yards
    A proposed new yard, port improvements and tax cuts designed to stop Thai money disappearing overseas.
  • Montanari moves up
    Another tanker owner posts healthy third-quarter profits in dream market.
  • Torm throws in the towel
    Klaus Kjaerulff is acknowledging defeat in the pursuit of bulker owner Norden.
  • NYK seals China Oil charter
    Japanese shipowning giant fixes VLCC to petroleum company in charter agreement "first".
  • MISC eyes yard savings
    Malaysian owner will cut costs by using shipyard unit for its LNG drydockings.
  • Portek inks deals worth SGD12m
    Singapore-listed port industry player details contracts in India and Indonesian and Malaysian neighbours
  • Skaugen Yangtze deal collapses
    Bid to buy first LPG ship for China coastal trades fails after sellers fall short.
  • Tokage takes its toll
    Shipping takes another pounding as Japan experiences worst typhoon in over a decade.

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American Shipperweb site
OCTOBER 22, 2004
  • Australian commission calls for end to carriers' pricing immunity
  • Hanjin moves big ships away from congested Long Beach
  • OMI keeps focus on three-, five-year charters
  • ILWU chief warns union will not tolerate fatigue-producing shifts
  • Port of Tacoma promotes Farrell
  • Hutchison moves into Poland
  • USTDA supports study for Djibouti container port

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The Scandinavian Shipping Gazetteweb site
OCTOBER 22, 2004
  • "Prestige" claims at close to USD 1 billion
    A total of 927 claims totalling EUR 763.5 million (USD 961.8 million) has so far been received after the "Prestige ...
  • Concordia keeps profit forecast
    Excluding the effects of the Arlington Tankers deal, Concordia Maritime expects a pre-tax profit of SEK 170 million for ...
  • Stena Sphere floats shares in New York
    Stena Maritime AG and Concordia Maritime, an affiliate to the Stena Sphere, has formed a new tanker company, Arlington Tankers ...

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