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| JULY 26, 2004 |
Shipping News
- Pirate killings hit record high
PIRATES killed more seafarers worldwide in the first six months of this year, sinking efforts to curb lawlessness in shipping lanes, a maritime group said.
- Union alleges security breach at LA port
PORT workers and shipping companies at Los Angeles and Long Beach squared off over safety at the one of the world's busiest ports, with labour unions claiming a 'real security breach' and operators saying they had complied fully with new anti-terrorist laws.
- Exporters fret as Brazil beefs up port security
BRAZIL's exporters are concerned that the extra costs they must bear for new security measures at ports and on ships may make them less competitive on the world market.
- Shanghai is first Asian port of call for Titanic show
AN upcoming exhibition of Titanic memorabilia will make its first port of call in Shanghai, offering a glimpse of the ocean liner's sinking 92 years ago.
- Nine feared dead in Pakistan ship tragedy
THE nine crew members from a cargo ship that sank on its way from the United Arab Emirates to Pakistan are probably dead, officials said yesterday.
Air and Land Transport
- China, US sign agreement to expand air traffic
CHINA and the United States signed a deal on Saturday to increase by more than fourfold the number of commercial and cargo flights between the two countries, starting gradually from August.
- Composition of runway debris a factor in Concorde crash
- £10b London rail project gets govt backing
- Airbus 'ahead' in race for US$5b Virgin deal
- Sydney Airports sees deal on sharing of upgrading costs
Dockyard
- Time to identify makers of dud propellers?
ON the poop deck of ships built up until at least the late 1950s, one would have expected to find a spare propeller, usually stowed not far from a large old, fashioned Admiralty Pattern kedge anchor.
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| JULY 26, 2004 |
- Fujian to spend billions of yuan to develop ports
- OOCL Australia achieves ISO9001:2000 certification
- SITC opens new subsidiaries
- Massive logistics centre in southwest China to open at end of 2004
- Hutchison Ports (UK) project wins top design award
- HKIA experiences robust growth in June cargo traffic
- United to start flying to Vietnam in December
- AMR Corporation posts financial improvements for Q2
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| JULY 26, 2004 |
- IRISL commences independent, direct, fixed-day weekly service from NSICT to Med/Europe
- Tea exports up
- Export basket gets more spicy
- Textile exports may rise to $ 25 bn in 3 yrs
- Shivraj Patil invites investors from Asia-Pacific nations
- VCT establishes yet another handling record
- Truckers may go off roads from Aug. 21
- Penal provision in Customs Act to be extended to anti-dumping duty cases
- SC ruling benefits textiles producers/exporters
- Kerala govt proposes 7 ports in Sagar Mala network
- Govt committed to boosting project exports, says govt official
- CII sees ominous signs in clear skies
- Kelkar task force favours sweeping tax reforms
- Uniform VAT to phase out Cenvat, service tax
- Second meeting of Fieo-ECGC Forum held
- Amnesty scheme under Stamp Act talk at IMC today
- Bombay Overseas Freight Brokers Association hold 51st AGM
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| JULY 23, 2004 |
- Export duty hike threatens Russian oil exports
New Russian export duty hike threatens profitability in 'low netback' Ukrainian and Baltic fuel oil export ports.
- Crude prices supported as Yukos trouble worsens
The market fears Yukos, which is on the verge of bankruptcy, will cut oil exports.
- ARA market continues firm and tight into weekend
- More features at Bunkerworld
- Prestige fuel oil removal on target for autumn finish
- Adsteam Marine completes divestment process in Alaska
Australian maritime services provider sells interest in Alaskan marine fuel distribution with $40 million deal.
- Prompt supply problematic despite high Singapore stocks
Onshore fuel oil stocks in Singapore fell somewhat this week but remain on the high side. Despite this there are problems posed for prompt stems amid increasing demand.
- LG Caltex restarts bunker supply despite force majeure
LG-Caltex has restarted offering bunker fuel, despite declaring force majeure on the company's exports following a strike at the company's 650,000 barrels per day (bpd) Yosu refinery in South Korea.
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| JULY 26, 2004 |
- Pakistan ICT chooses HPC
- EIB Loan for Euromax terminal in Rotterdam
- BDP opens office in Lyon, France
- New north - south rail corridor in Russia
- LAN Peru - five new South American routes
- Investments in HHLA Hamburg
- Morandi new president of Assoagenti of Ancona
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| JULY 23, 2004 |
- Panama Canal improvements could cost US$8bn
- UK detains 9 ships
- NorseMerchant Ferries flags to UK
- FMC takes over US$0.5m in compromise deals
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| JULY 24, 2004 |
- Conrad Shipbuilding gets towboat order
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| JULY 23, 2004 |
- Senator Murray nets federal money for Sea-Tac runway
- Rail freight totals hit by holiday week
- Citizen panel needed for Vancouver Lake vision
- Tacoma native wins seat on Washington transporation board
- Odyssey Maritime Center showing Navy photo exhibit
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| JULY 26, 2004 |
- P&O Nedlloyd feels heat to go Dutch on services
P&O NEDLLOYD is coming under intense pressure from both its Grand Alliance partners and customers to shift some services from Rotterdam to Amsterdam.
- Bomb talk explodes in Turkish master’s face
A TURKISH cargoship was detained for inspection by bomb detection experts in the Delaware Bay on Thursday evening after its master claimed to have a bomb on board primed to explode in Philadelphia.
- Greenpeace in dock over paperwork
IN AN apparently classic case of the biter bit, Alaska prosecutors have cited the Greenpeace ship Arctic Sunrise with violating two state environmental laws, writes John McLaughlin in New York.
- Fox reaffirms JP Morgan shipping commitment after Fuehrer’s exit
JP MORGAN expects its shipping practice volume “to be greater in 2004 than it was last year” as it fashions a new strategy under its head of global transportation David W Fox, the US banking group has told Lloyd’s List.
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| JULY 23, 2004 |
- Jinhui loses $60M-70M on FFAs
HONG Kong-based Jinhui Shipping and Transportation has revealed the extent of its losses on the freight futures markets
- Democrats and fireworks in Boston
DEMOCRATS and fireworks will close parts of Boston’s inner harbour and Charles River next week; seafarers breaking the regulations face fines and jail
- ILWU warns of further LA congestion
VESSEL congestion in the Californian ports of Los Angeles and Long Beach will increase dramatically in the coming weeks, warns the head of ILWU Local 13
- Miami operating again
DIVERSIONS of vessels from the Port of Miami due to cargo backlogs resulting from the recent independent trucker strike have ended, port officials say
- JNPT claims $8M from NSICT
JAWAHARLAL Nehru Port Trust is claiming Rs350M ($8M) in dues as part of the arbitration proceedings against Nhava Sheva International Container Terminal
- Ennore box terminal in two years
ENNORE, India's first corporate port, will have a container terminal in the next two years, chairman and managing director M Raman said yesterday
- Tripoli to become a cruise port
- Tug competition grows fiercer
- Greenpeace charged
- S Korean increases foreign crew
- Bomb joke lands captain in jail
- Dredging of Buenos Aires likely
- Indian tonnage tax corrections
- Solid Energy considers barging
- JP Morgan to remain in shipping
- Singapore to get tough on yard safety
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| JULY 23, 2004 |
- Mumbai port privatisation project awaits board reconstitution
After over a year’s delay, the privatisation of Ballard Pier Station (BPS) container terminal is still awaiting the reconstitution of Mumbai Port Trust (MbPT) board.
- Canadian conference ups rates, citing pressures
- Busan hails its heroes MSC and Maersk Sealand
- Fuel tax-break a quick fix, say analysts
- Jones Act carrier keeping up with the neighbours
- Busan sees H1 volume growth
- HHLA takes control of fledgling Lübeck feeder terminal
- More expensive north-south operations prompt Europe-Africa rise
- MOL revises Nordic agency plans
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| JULY 23, 2004 |
- Lender picks up the slack for Top
Will new public company's pledged dividend survive higher debt load after weak pricing?
- Top Tankers prices at steep discount
Newest public tanker company gets issue off at $11, trades down early.
- Baltic extends S&P index
Medium range products carrier and Tsuneishi standard bulker added to ship value assessments.
- Precious claws back more stock
Thai shipowner forks out just over $300,000 to buy back a further 300,000 of its own shares.
- TMM extends and amends
Mexican group sees light at end of tunnel as it revises bond-swap offer one more time.
- Murmansk hits back
Russian owner attacks state audit report on "misuse" of nuclear ice-breakers for tourist trips.
- Tanker king gets box minded
John Fredriksen sets the liner market guessing by taking a stake in Neptune Orient Lines.
- Rough ride on Aratere
Eight-hour ordeal for passengers on Toll’s New Zealand ferry after engine failure.
- Izar engines to Austal
Spanish company strikes deal with Australian shipbuilder for Greek ferry newbuilding.
- Ferry catches fire at Cochin yard
SCI-managed passenger vessel suffers minor damage after blaze.
- More Northern Exposure
Crowley Marine snaps up Adsteam Marine’s Alaskan fuel interests.
- Bomb joke backfires
Kaptanoglu ship forced away from US port after master mentions "possible explosion."
- UK holds U-Ming cape
Safety flaws lead to detention of Taiwanese bulker by UK’s Maritime & Coastguard Agency.
- Horizon moves closer
Jones Act operator re-starts seasonal Puerto Rico service early after demand picks up.
- Fred Olsen pair progress again
Norwegian owner’s holding companies Bonheur and Ganger Rolf continue to turn around last year’s losses.
- Adsteam axes Alaska fuel firm
Aussie towage and ports group sells non-core Yukon Fuel Company to Crowley Marine subsidiary.
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| JULY 23, 2004 |
- Asia/Canada carriers plan second rate increase
- Horizon reinstates Jacksonville/San Juan service
- Europe/Indian Ocean conference warns of "ISPS tax" surcharge
- CORRECTION Wan Hai ordered ships from Taiwanese shipyard
- UPS 2nd quarter profits soar
- United Cargo to offer Vietnam service
- U.S.-flag Great Lake vessel cargo volumes on the rise
- Pacific CMA acquires 60% of Singapore-based forwarder
- Stone gets Senate committee nod for TSA job
- Senate approves $300 million for port security
- Montreal box traffic up 11% in first half
- Baltimore concludes 3-year contract extension with UPM-Kymmene
- Nissan ships cars through Jacksonville to Middle East
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- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
