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| APRIL 26, 2004 |
Shipping News
- PSA moves in with its own man at Belgian unit
THE appointment of PSA veteran Vincent Lim to head PSA International's European subsidiary Hesse Noord Natie can be seen as the Singapore group moving in with its own man, given the importance of HNN to its global volumes.
- Maritime R&D advisory panel formed
MARITIME research and development is set to get a boost in Singapore with the establishment of a second advisory committee by the Maritime and Port Authority of Singapore .
- Maersk Sealand sees more growth
THE container shipping business is set to go on growing this and next year, according to the head of Maersk Sealand, the container unit of Denmark's A P Moeller-Maersk.
- Suicide bombers attack Basra oil terminal
SUICIDE bombers launched two boat attacks on Iraq's vital Basra offshore oil terminal on Saturday, Iraqi officials said, but the British military said there were no immediate reports of casualties or damage.
- Queen Mary 2 arrives in style in New York
THE world's biggest ocean liner, The Queen Mary 2, arrived in the United States, and New York was barely big enough to hold her.
Air and Land Transport
- Pilots can help Delta avoid bankruptcy: CEO
DELTA Air Lines' chief executive said the company can easily avoid bankruptcy because there are still areas of discussion to explore in concession talks with pilots.
- FedEx, UPS pilots could carry guns from May 1
- IA starting 2nd daily S'pore-Chennai flight
- Jet fuel price rise delays new Tehran airport opening
- Korean Air gets bomb threat
- Ryanair CEO: yields to fall 5-20%
Ship Sales
- Ship Sales
OVERALL the activity has rather slowed somewhat. However, considering the extensive Easter holiday break, this was to be expected.
Liner Scene
- Unwelcome developments for container shipping industry
OVER the last few weeks there have a number of ominous developments for the container shipping industry, which has been going through a relatively good spell.
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| APRIL 26, 2004 |
- Japan has first trade surplus with China in 10 years
- Asian countries to sign continental highway deal
- Rickmers Seoul latest vessel to join Rickmers-Linie fleet
- SCCT receives first of five cranes at Port Said
- BC tug boat strike ends
- Korean Air expands cargo offerings to Europe
- EU approves aid for DHL hub
- Volga-Dnepr appoints new sales and marketing director
- Lufthansa improves express service
- Alpine Aviation secures new contract with USPS
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| APRIL 26, 2004 |
- BHEL to route project export cargoes through Kandla Port - KPT bags over Rs 400-cr. contract
- Ships sans P&I wreck removal cover not to be allowed to enter ports
- ...sets new single-day record in zinc loading
- Inflation to remain below 5 per cent: MoF official
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| APRIL 23, 2004 |
- Mediator's deadline looms for strikers
- LA prices tumble on cargo arrival and coker outage
Reports of some players dumping fuel dismissed by suppliers.
- Bad debts force family business to cease trading
South African trader bitter as third party deal goes sour; non-paying vessel still at large.
- Baltic IFOs rebound with crude
Most Baltic IFO numbers are now moving higher into the weekend following last nights crude rebound
- Singapore fuel oil imports seen unsuitable for bunkers
Some traders think bunker premiums compared to mean Singapore fuel oil values will rise as overall bloated stocks of fuel oil will not equal healthy avails of on-spec marine fuels.
- US warns of terrorist threat to Asia's key shipping lanes
Washington says that Asia and US have to focus on 'potential of disastrous maritime terrorist incident'.
- Rotterdam firm, barges tight near-term
- Anti-corruption officers raid supplier's offices
Barge also raided in what MPA describe as 'routine checks' of Singapore's sixth largest bunker supplier.
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| APRIL 23, 2004 |
- ITJ organises packing seminar at Mavex
- Rutges Cargo chooses Quintiq
- International Ship and Port Facility Security Code from July 1
- TNT launches "Clinical Express"
- ICF launches Hansa-Shuttle between Switzerland and the German seaports
- Hawaiian Airlines licensed for non-stop services to Australia
- New quality certificate for Corsica & Sardinia Ferries
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| APRIL 23, 2004 |
- London Club’s lower claims
- Payer warns container security will cost more
- BV launches LNG CAP
- Suape to be Brazil’s first ISPS-certified port
- LR to certify US LNG terminals
- ISMA members to meet ISPS deadlines but ships need bigger crews
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| APRIL 26, 2004 |
- Fulford-Smith clinches top job at Clarksons as Weston quits
A BOARDROOM shake-up at Clarksons, the world’s largest shipbroker, has seen Richard Fulford-Smith claim the mantle of chief executive and could trigger the departure of Gary Weston from the group.
- MOL tipped to join 8,000 teu ranks
JAPANESE liner giant MOL is expected to join the 8,000 teu club with an order believed to be imminent.
- IMO wins the day on stop and search update
THE International Maritime Organisation looks to have headed off a bid by India and Pakistan to challenge its mandate to allow a broadening of the number of suspected "offences" for which ships can be stopped and searched on the high seas.
- O’Neil urges shipping on ‘new tack’ with IMO
THE maritime world’s former top watchdog William O’ Neil has called on the industry to take a ‘new tack’ in co-operation with the International Maritime Organization to help rid itself of a persistent bad image.
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| APRIL 23, 2004 |
- Vancouver tug strike in the balance
THOUSANDS of jobs hang in the balance today as parties in the Vancouver tug strike consider a mediator’s settlement suggestion that expires at 16:30 hours local time
- NITC unveils LNG plans for China
THE National Iranian Tanker Company has unveiled plans to ship LNG for China, initially using three 140,000m³-capacity ships
- Dockwise still seeks replacement
DOCKWISE Shipping, the Breda, Netherlands-based heavy transport specialist, has still to appoint a commercial manager to replace Rob Boer
- MOL revises year end forecast
MITSUI OSK Lines has once again revised its year-end forecasts upwards, citing continued strength in its main shipping markets and the success of cost cutting efforts
- Santos in black despite strikes
THE Brazilian port of Santos has posted a profit of about Rs6M ($2.07M) for the first three months of the year despite a horrendous sequence of strikes
- Salalah expects transhipment growth
SALALAH Port Services in Oman, which registered a 7% financial growth last year, is anticipating 20% growth in transhipment business this year
- Tsuneishi files criminal charges
- Korea woos Hutchison
- Chittagong to build box terminal
- Azov neighbours fail to set borders
- Ghost ships 'should be recycled'
- France adopts draft boarding law
- Singapore seeks to attract talent
- Funding agreed for Yantian growth
- Festival loses licence in Benelux
- Second berth for Nghi Son, Vietnam
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| APRIL 23, 2004 |
- Vancouver tug strike over
Tug boat operators, employers accept federal mediator's proposal to end strike that shut down 80 percent of region's port traffic, crippled box operations.
- NCBFAA hits Senate cargo delay provision
- Cargo pilots to carry guns May 1
- Russian WTO talks may be over for 2004
- Yellow Roadway profit is $18.2 million
- U.S., China in food safety pact
- MOL raises forecast
- Earnings slide at Swift Transportation
- Malaysia claims antipiracy success
- Rail drives GATX quarter
- RFID may boost warehouse systems sales: Study
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| APRIL 23, 2004 |
- China ministries at loggerheads over THCs
China’s Ministry of Communications (MoC) and Ministry of Commerce (MoCom) are at loggerheads over terminal handling charges (THCs) it emerged today.
- No end to Canadian tug dispute as Boxships divert to US
At least six vessels, including containerships, have diverted to US ports and another six have offloaded extra cargo in the US since a tugboat strike began in western Canada on April 16.
- Master Plan has 2020 vision but MTL denies CSXWT buyout talks
Rationalisation among terminal operators at the Port of Hong Kong is one of the ways that the Government study, Master Plan 2020, projects will allow higher port productivity.
- NZ’s successful Metroport to double in size
- Shell in talks with box-terminal majors to sell 49% stake in Hazira, Gujarat
- New HNN CEO from within PSA organisation
- MOL issues upward revision of results and dividends
- CMA CGM launches Asia-East Med direct service
- Two South Korean ports show positive Q1 throughput
- S.Korean minister offers Hutchison support in return for Gwangyang investment
- Rail partnership to liberalise Italian-Iberian intermodal market
- Rotterdam plans safety-net against future heli-failures delaying their pilots
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| APRIL 23, 2004 |
- Von Appen family creeps into limelight
Chilean shipping group set for higher profile with Stelmar joint venture.
- Stelmar seeks safe spot in StelCape
Joint venture will enable company to increase its exposure to spot market, but without too much risk.
- Euronav snaps up Hellespont ULCCs
Tankers International member scores in $450m deal with Tisch-Papachristidis venture for four ultra large crude carriers.
- Stolt Offshore starts year with more losses
Another deficit for Stolt-Nielsen division, though red ink modest compared to previous quarter.
- Stelmar forms joint venture with Cape Tankers
StelCape's fleet of 14 double-hull panamax tankers will have average age of five years.
- World-Wide denies disposal rumours
Helmut Sohmen dismisses market gossip of more than $1bn VLCC fleet sale as nonsense.
- Confusion over Oceania insurance
Insurer withdraws default cover, but company claims it was just a mix-up.
- Taiwan Navigation banks profit
More bulk-boom related good fortune for Taiwanese owner.
- Mitsui OSK profit to triple
Japanese line says shipping boom and cost cuts will mean better than forecast result.
- Keppel ships take final bow
Boxships produced healthy first quarter profits before being sold.
- Car carrier order haul revealed
Ingar Skaug details newbuilding program for Wallenius Lines and Wilh. Wilhelmsen.
- CSDC ups tanker order at GSI
China Shipping Development Co sees first quarter profit hike as domestic demand soars.
- Fulford takes the hot seat
Gary Weston steps aside as Clarksons chairman but may return in new role.
- Trailer Bridge fights for listing
US carrier requests Nasdaq hearing after breaching reporting requirements.
- Bulker bonanza for U-Ming
Taiwanese owner pockets 900% more profit in 2003 as markets boom.
- World-Wide frenzy!
Rumours of massive $1.2bn deal for Hong Kong owner's tankers swirl through markets, but sceptics abound.
- Nigerian owners under pressure
Foreign-owned coastal tankers threaten domestic operators as cabotage approaches.
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| APRIL 23, 2004 |
- EC ready to act on conference reform without industry proposals
- Wan Hai lifts net income, expands
- CMA CGM, MSC ready first 8,100-TEU ships for China/California service
- More carriers add transpacific capacity
- CMA CGM launches 2nd Asia/East Mediterranean link
- MOL to take U.S. Gulf/Caribbean and inter-American slots from Lykes
- China to ease stance on U.S. export end-use checks
- Fish and Wildlife seeks to expand inspections to 3 American cities
- Commerce considers monitoring copper scrap exports
- U.S, EU sign container security agreement
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| APRIL 23, 2004 |
- Wallenius and WW to invest USD 1.2 billion
Wallenius Lines and Wilh. Wilhelmsen now has a combined newbuilding program of 24 car carriers worth a total of USD ...
- Number eight delivered to Broström/Thun
Dutch shipbuilder Ferus Smit has delivered "Bro Granite" to Swedish owners Broström and Erik Thun, owning 50 per cent each ...
- Maersk Sealand in new slot-charter agreement
German container operator Hamburg Süd has now joined forces with the Danish carrier Maersk Sealand on the ScanMed-run from ...
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