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| JUNE 30, 2004 |
Shipping News
- Tripartite task force to boost Straits security
INDONESIA, Malaysia and Singapore will next month launch a task force to patrol the Straits of Malacca and boost security in one of the world's most important shipping lanes, navy chiefs said yesterday.
- No pirates-terrorists nexus seen in region: experts
DESPITE growing fears of a '9/11 at sea' that could cripple trade, terrorists have not yet established links with pirates in the Straits of Malacca, one of the world's most vital waterways, experts and officials said yesterday.
- Wait-and-see game as ISPS deadline nears
IT's a wait-and-see game with the world's shipping industry watching closely as the new global maritime security regime comes into effect tomorrow despite a wide swath of the sector being unprepared.
- Aussie panel moots govt subsidy for salvage firms
AUSTRALIA'S largest marine salvage organisation, Adsteam Marine Limited, has welcomed the findings of a parliamentary inquiry which has called for a public subsidy to maintain salvage capacity around the country's coastline.
Air and Land Transport
- United Airlines loses third bid for govt backing
UNITED Airlines lost its third and final try for a government loan guarantee when a federal board rejected its latest bid and insisted the bankrupt carrier can survive without one.
- Big-budget ads for Big Apple flights
- World airline traffic soaring: Iata
- BA chief complains to EC about govt aid
- LoG Book
Strait Talk
- Burnishing shipping image
LAST week it emerged that material used in a bathroom wall and under-basin fascia within the bathroom unit on board various passenger cabins on the Queen Mary 2 had failed tests for fire retardant qualities.
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| JUNE 30, 2004 |
- MOL Logistics (HK) certified as Cepa Hong Kong Service Supplier
- New terminal management system at Modern Terminals
- Greece joins US' CSI programme
- Foreign trade in Heilongjiang up 34pc in May
- BIMCO and ISBA to hold seminars in Indonesia
- New business development manager for GTS in Europe
- IATA reports improved traffic figures
- DHL to build new centralised service centre in Indiana
- Menzies Aviation unveils new management team
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| JUNE 30, 2004 |
- Irda seeks INSA’s views on marine hull insurance
- Global textile markets in a tizzy as quota-free regime draws near
- Lethal injection: Philippines drug market dying on India
- Iran offers India LNG at $ 2.22
- Decks cleared for DPI to set up SEZ, box terminal
- Overload on road: Kerala box trailer-truck operators strike to drive home a ‘fine’ point
- AMTOI submits views & suggestions on amendments to MMTG Act, 1993
- Invest heavily and harness ‘Green Power’, Minister exhorts industry
- Budget, Exim Policy to be clubbed
- GoM approves 49 pc stake for foreign cos in Mumbai, Delhi airport projects
- Excise reliefs for small powerloom sector in the offing
- Now, move for a tea park
- AIAI seeks tax simplification, rationalisation in pre-Budget memorandum
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| JUNE 29, 2004 |
- Resupply fails to quench 'dry' Genoa
- O.W. Bunkers UK expands trading team further
The Windsor-based trading team has doubled over the past year.
- Bearish Hong Kong and Taiwan fail to attract buyers
Hong Kong still busy following fixtures from last week, but this week has been slow so far.
- Rotterdam market softer with crude
- Petrobras seals Singapore storage into 2005
Brazilian oil giant establishes presence in Singapore market with niche market bunker fuel deals.
- Singapore supplier welcomes former O.W. manager
- EU Council proposes new sulphur limits
EU council bill confirms dates for sulphur emission control areas (SECAs) and lowers 'in port' sulphur limits.
- Crude oil futures plunge
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| JUNE 29, 2004 |
- Philippines struggles to meet ISPS
- Philippine Navy men foil pirate attack
- Hamworthy to float
- Intertanko fleet expected to meet ISPS deadline
- McCaughrin "set to book up to 15 VLCCs"
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| JUNE 29, 2004 |
- Chamber plea for ISPS enforcement "rationality"
International Chamber of Shipping asks for Port State Control to "temper rigor with rationality"
- GD names LCS core missions systems team
Says its approach will drive down life cycle costs
- International Paint wins major MSC contract
Up to five year agreement for estimated 3.9 million liters of products
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| JUNE 30, 2004 |
- Stelios did not prompt SEC move
Securities and Exchange Commission's interest in OMI's failed takeover was not inspired by a complaint from Stelmar founder.
- Malacca Strait trio agree patrols to combat pirates
INDONESIA, Malaysia and Singapore agreed yesterday to patrol the Strait of Malacca in an effort to counter a rise in piracy and and the threat of possible terrorist attacks.
- ‘Temper rigour with rationality’ plea from ICS on ISPS code eve
WITH just hours to go before new global maritime security measures come into effect, shipowners have issued a last- minute plea for governments to apply the rules sensibly and not go after cheap headlines.
- Pacific Basin pushes niche position as it unveils listing plans
OPERATING a niche trade with a young fleet and few rivals is Pacific Basin’s greatest asset, top management said at the unveiling of its initial public offering due to be launched on the Hong Kong Stock Exchange on July 14.
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| JUNE 29, 2004 |
- ISPS help available
THE US Coast Guard is to operate a telephone helpdesk to answer questions on maritime security
- Freeport labour woes ease
FREEPORT (Bahamas) Container Port has resumed service after a work stoppage shut the facility for four days last week
- USCG opens security helpdesk
FOR at least the next 10 days, the US Coast Guard will operate a 24-hour, 7-days-a-week telephone helpdesk to answer questions on maritime security
- ICS seeks ISPS common sense
ICS secretary-general Chris Horrocks has called on port state authorities to act with rigour 'tempered with common sense' in implementing the ISPS Code
- Cherbourg eyes short-sea routes
THE port of Cherbourg, France is keen to develop ‘sea motorways’ by launching three short-sea ro-ro services to European destinations
- Greens call for Scottish marine act
ENVIRONMENTAL groups have called upon the Scottish Executive to pass a new Marine Act to protect sensitive areas of the country’s coastline
- Stubborn Seafrance sees profit slip
- US truckers launch strike
- Orders now 54% of boxship capacity
- Lisin moves in on St Petersburg
- Galveston deepening costs rise
- Inland tanker sinks after collision
- LA/LB hoping for fresh contract
- Malaysia quiet on 'shoot-on-sight'
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| JUNE 29, 2004 |
- Ports struggle with truckers strike
Protests wane at Port Newark/Elizabeth, but protests hamper operations at other terminals.
- LA braces for July 4 labor shortage
Long weekend by longshoremen could set back operations at the nation's largest container complex by three or four days.
- Carriers line up for U.S.-China flights
- Canada election a win for trade, border security
- Neighbors control So. Cal. port growth: Exec
- Horizon Lines off CreditWatch
- FedEx shares hit record high
- Box upgrade for China's Chongqing
- Trucker strike to hit Indian port
- CNF elects Kennedy interim CEO
- Shekou set for expansion
- Former N.C. Speaker to lead ports
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| JUNE 29, 2004 |
- ATA backs independent truckers’ fight against ‘harsh business practices’
The voice of America’s trucking industry, the American Trucking Association (ATA), said that it is not party to any shutdown action this week by independent drivers at US ports.
- Canadian ports plead for flexible financing from new Government
- Malaysian Government backs hauliers on trailer ratios
- USCG opens security information hotlines
- Norasia and QC boost ME coverage
- Dongjin launches China service
- Danube ports up capacity to meet rising volumes
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| JUNE 29, 2004 |
- Stel who??
OMI's Craig Stevenson appears underwhelmed by news that Stelmar is now considering mergers.
- Japanese yards face delays
Nippon Steel to postpone plate deliveries to shipbuilders by three months.
- Flush and in no rush
PDVSA likely late with year-end SEC filing, but Venezuelan oil major uses recent riches to pay down debt load.
- Spain rejects Mangouras appeal
Prestige captain will not be allowed to return home to Greece but appeals expected to continue.
- ISPS under spotlight
Washington panel gives a last look ahead of Thursday deadline.
- New LNG company launches
Shipmanager V.Ships teams up with consultant Marine Service Group on LNG.
- Scandlines edges up profit
German/Danish ferry group survives slight dip in revenues in 2003 to increase earnings.
- Chemical carrier capsizes
Eleven injured as sulphuric acid vessel keels over after collision with container ship in Hamburg port.
- CSBC privatisation talked up
Taiwanese shipyard could be out of state hands by end of this year.
- Maldives crews at risk
Greek owner could lay off 400 seafarers after others from paradise islands convicted of drug offences.
- Bulkers beef up
Classification societies tighten rules in bid to make older vessels more robust and safer.
- SeaFrance in reverse
French ferry owner posts loss for 2003, but car numbers are up so far this year.
- Cruiseship repossessed
World Discoverer enters another unchartered phase in its colourful history.
- Navibulgar sells hulls
Bulgarian owner offloads three unfinished vessels at Varna to Furtrans of Turkey.
- Armed piracy increasing in Aceh
"Gun-toting" pirates fast making Sumatra coast no go area after eight ship attacks in twelve days.
- Owners pass on Benin tax
Two container conferences serving the small West African nation are increasing freight rates.
- Trico pays up
Troubled US offshore owner reaches deal with GE Capital over security payment.
- Asimar seals Chulaporn deal
Stock-listed Thai shipbuilding and ship repair group has won a domestic repair contract worth $1m.
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| JUNE 29, 2004 |
- IMO urges protection of "strategic shipping lanes"
- China Shipping moves revenue to Hong Kong arm to lower tax
- Standard & Poor’s takes Horizon Lines off CreditWatch, lowers ratings
- Norasia, QC Line add Iran/U.A.E. link
- Panalpina adds U.S. domestic air freight service
- Norfolk Southern prepares for service delays in July
- Coast Guard considers alterations to Simmesport Railroad Bridge
- U.S. Customs terminates paperless drawback prototype
- Bush administration praises congressional passage of AGOA III
- MOL Logistics (H.K.) to benefit from China/Hong Kong agreement
- Ship congestion mounts at L.A. ports
- Port of Savannah reports progress on terminal expansion
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| JUNE 29, 2004 |
- Stena Bulk buys half in shuttle tanker
Stena Bulk acquires half of she shuttle tanker "Nordic Rio" from Canadian Teekay. The vessel, 151,000 DWT, was completed at ...
- Emission bill ready for European Parliament
A bill to cut emissions from vessel in EU waters, including the North Sea, the Baltic Sea and the Channel ...
- Red alert in Hamburg as acid-loaded barge was in collision
A collision last night in Hamburg has left a inland-waterway tanker barge loaded with 920 tons of sulphur acid ...
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