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| FEBRUARY 1, 2005 |
Shipping News
- More ships under Singapore flag
SINGAPORE is now home to the world's sixth largest merchant fleet with more than 3,100 vessels flying the Singapore flag following an 8.4 per cent rise in total tonnage signing up with the Singapore Registry of Ships in 2004 compared with the year before.
- IMO, EC officials meet to improve ties
LIKELY hoping to set relations with the European Commission on a new course, the head of the International Maritime Organisation met the EC's new fisheries and maritime affairs commissioner last week, the first of a series of such meetings.
- Philippines protests ill-treatment of seamen
THE Philippine Department of Foreign Affairs yesterday protested to American authorities for ill-treating 13 Filipino crewmen working in a US ship when they were taken to a court to testify against the captain in a criminal case.
- Ship breakers risk bankruptcy on record prices
- Vitino port to load larger oil tankers
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| FEBRUARY 1, 2005 |
- HK exports up 12.9 per cent in December
- ICTSI to operate Okinawa terminal
- Box volume up 22pc at New Jersey's ExpressRail terminal
- Container backlog causes mayhem at Vancouver's Deltaport
- New man at Barwil's helm in India
- COSCO adjusts charges
- Dalian builds shipping hub
- Major Chinese airports see rise in air cargo, mail
- UPS secures 11 Boeing MD-11 freighters
- Cathay to launch additional freighter service to Shanghai
- 2004 is record year for AA in Miami
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| FEBRUARY 1, 2005 |
- Hatsu set to grow on North Atlantic
- Hyundai bags Cosco order for largest-ever boxships
- Famous Pacific Shipping promoting Mauritius as Indian Ocean hub
- CMA CGM (UK) considers increased commitment to UK tonnage tax regime
- ECU-Line offers fortnightly service to Havana
- World box fleet projected to rise by 13.7 pc through 2007
- "K" Line sets up agency in Austria
- DGS constitutes 9 awards for distribution on National Maritime Day
- FEFC increases freight rates to Asia by $ 50/TEU
- Govt announces Board of Trustees for Maritime Training Institute
- MoS invites research papers on maritime sector
- GAC takes over Hamburg Sud agency services in India
- IPBCC suspends Mumbai Congestion Charge
- Luxembourg’s Presidency to give fillip to Indo-EU ties—Paul Steinmetz
- Substantive issues slated to come up during Luxembourg’s Presidency
- India set to join Container Security Initiative of US
- Deal on developing ICTT near Cochin Port to be inked on February 7
- CII organising conference on transport infrastructure & logistics network tomorrow
- Forex reserves up by $ 266 million to $ 1,29,378 million
- Revised norms for EOUs on ‘fast-track clearance’ leave exporters sceptical
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| JANUARY 31, 2005 |
- Japan bunker sales up 6.1% on year
- Applicants seek share of growing Chinese bunker market
At least three companies have applied to China's State Council for permission to sell bunker fuels at the country's ports.
- Bominflot expands Mediterranean services
Bominflot Group adds another 'bunker only' location to its portfolio.
- Lack of cargo confirmation leaves Suez players high and very dry
Bunker suppliers in Suez are hopeful of resupply after prolonged product shortage.
- Oil continues to slip after Iraqi election
Oil slips further after confirmation of no OPEC quota change and Iraqi election passing without disruption to oil flow, giving bearish short-term outlook.
- Singapore breaks previous bunker sales record by 13.3%
December bunker sales at all-time high tops off new record-breaking year for Singapore's maritime industry.
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| JANUARY 31, 2005 |
- 5th Air Cargo Economics Conference
- Korean shipping industry chooses ShipServ as e-commerce platform
- Transports Graveleau to invest EUR 3 million at Vatry Airport
- Qatar: free trade zone planned under new port project
- CNF reports 19% increase in income
- Columbus Antwerp to expand
- Thai Airways orders Boeing aircraft
- Port of Halifax posts second best year ever
- New cargo-partner office in Hong Kong
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| JANUARY 31, 2005 |
- Frontline spins off further 25% of Ship Finance
- CP says Q4 was still best result ever
- Evergreen’s new Tacoma terminal open
- Farstad orders at Simek
- UK transport minister supports Great Yarmouth port project
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| JANUARY 31, 2005 |
- Graykowski to join OceanBlue
- Box ship in radiation scare
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| JANUARY 31, 2005 |
- VIPs meet at Port of Tacoma for Pierce County Terminal opening
- Police nab two suspects for stealing gas at Port of Seattle
- Agencies turn to public for tips on Dalco Passage oil spill
- Ceremony marks completion of Toyota facility in Portland
- Boeing goes with 787 as dreamliner model number
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| FEBRUARY 1, 2005 |
- Warning of new wave of stowaways to North America
A NEW and highly organised wave of stowaways from China on ships bound for North America is in prospect, the maritime world has been warned.
- Marsh will pay $850m and seek share value restoration after Spitzer investigation
MARSH & McLennan Cos, the financial services group that includes the world’s largest insurance brokerage, is to pay $850m to settle an investigation into charges it sought money from insurance companies to steer clients their way, writes James Brewer.
- Britain unveils places of refuge list
THE British Maritime and Coastguard Agency has made public the inventory of UK ports and anchorages used by its counter-pollution experts when determining suitable places of refuge during crisis situations.
- Halliburton out of Iran after criticism from US
HALLIBURTON has pulled out of Iran after completing work on onshore oil and gas fields and taking criticism from the US government, writes Martyn Wingrove.
- AMA sets sights on other forms of transport this year
A DIVERSIFICATION into transport sectors such as aviation, railways and US domestic logistics is a cornerstone of American Marine Advisors’ strategy for 2005, as the merchant bank prepares to move into spacious new offices in New York this spring.
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| JANUARY 31, 2005 |
- Record quarter for SCI
SHIPPING Corp of India has recorded its highest quarterly profit at Rs2.8Bn ($62M) for the October-December period, a 110% increase on the same period last year
- Mexican gas development objection
SEMPRA LNG’s planned $650M facility on Mexico’s Baja peninsula may have been sited on the wrong land, according to a Mexico City businessman
- Portland upgrades car terminal
ONE in four Toyotas entering the US will continue to be handled through the port of Portland, Oregon, via a facility that has just completed a $40M renovation
- French register bill postponed
A BILL to set up a new international shipping register in France, which was expected to be examined by the National Assembly on 27 January, has been postponed
- Caribbean gas pipeline 'feasible'
- Protest over shackled seafarers
- Six in frame for S Asia ferry link
- Rotterdam seeks RDM decision
- Marseilles confirms port projects
- Puerto Rico to boost LNG imports
- Unions angered by SNCM plans
- Trinidad to own LNG ships
- Korean orders hit $30Bn for 2004
- STX Pan Ocean diversifies
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| JANUARY 31, 2005 |
- Lines face West Coast terminal crunch
Carrier-owned terminals turning away other lines as they struggle to handle their own cargo.
- Truck lanes approved for LA freeway
Access to the Los Angeles-Long Beach could get a boost after authorities approve proposal for $4.5 billion highway project.
- Fourth Hawaii liner forming?
- "K" Line starts new U.S. East Coast service
- UPS to acquire 11 MD-11 jets
- EU presses for port reform
- S. Korea see ship orders down, exports up
- Air cargo shipments up 13.4%
- COAC slates first meeting
- Hamburg Süd appoints Trinidad-Tobago agent
- Turnaround for Kansas City Southern
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| JANUARY 1, 2005 |
- Yang Ming Line to order five 8,200TEU containerships
Yang Ming Line is about to order five 8,200TEU containerships, a source told ci-online, saying that Taiwanese shipyard China Shipbuilding Corporation and Hanjin Heavy Industries are competing for the deal.
- New management steers Seawheel toward profitable future
- Australian rail hope ‘too expensive’
- Karachi West Wharf Phase III to be developed by HPH subsidiary
- Vienna debate aimed at raising interest in Europe’s waterways
- Containerised reefer cargo set to grow up to 85% says consultant
- Yang Ming Q4 net profit expects to grow 52%
- Australian rural exports bounce back from drought
- Evergreen Marine Corp launches Tacoma facility
- HMM enhances overseas network
- BPA to hold port hinterland sales activities
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| JANUARY 31, 2005 |
- Legal woes dampen Odfjell
Anti-trust digout of $23m keeps better operating results from reaching bottom line.
- OMI wheels and deals
Company sells last two single-bottom tankers to expanding BLT for $40m, takes two Koenig suezmaxes on long-term charter.
- St Vincent sins again
The usual suspects again figure in the UK's delinquent flag league.
- Ring of change
NAT celebrates NYSE listing by ringing opening bell on Wall Street.
- Brostrom buys more bits
Swedish chemical carrier owner drives on with strategy of increasing stakes in part owned vessels.
- CCNI pulls out of red
Chilean boxship operator benefits from rate rises and sale of ships to Dohle and Rickmers.
- Boost for Braila
Aker Yards’ Romanian outpost turned around 2003’s losses last year.
- Asia boosts Yang Ming
Taiwan liner shipping group sees 50% rise in profit as trade booms.
- Rieber buys cableship
Bergen based owner expands specialist fleet with $33m acquisition.
- Wartsila renews Odfjell deal
Norwegian chemical carrier owner signs up for five years more crew training.
- Six eye ferry service
Five Pakistani companies, plus one from UAE, interested in running Karachi-Mumbai line.
- Tidewater holds steady
US offshore shipping giant turns in similar profit figures in nine months to end December.
- Weather dogs dredger salvage
Salvors plan for the worst as severe storms lash ship aground off Sakhalin Island since September.
- SCI soars
Indian state owner maintains profit growth in third quarter ending 31 December.
- Korea set for $16bn in sales
Shipbuilders in South Korea are set to see a modest increase in newbuilding income this year.
- Malacca depth has changed
The Asian tsunami is said to have altered waterway, but officials say changes are "insignificant".
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| JANUARY 31, 2005 |
- Evergreen Marine records 21% revenue growth
- Maersk Sealand switches Florida ports on U.S./Med service
- CP Ships stock falls on stock exchange
- Military Sealift Command awards $12.4 million contract
- Maersk Sealand opens Croatia agency
- IATA confirms airline losses, traffic rebound in 2004
- Korean Air moves back into profit
- Chinese airlines to buy 60 Boeing 7E7 Dreamliners
- CBP postpones ID card requirement for BRASS truck shipments
- UP lifts westbound traffic embargo
- DOT deputy Van Tine departs
- Norfolk Southern make five senior appointments
- Schneider names Alstine head of sales
- Evans retires as vice chairman Union Pacific Corp.
- Exel shares rise on takeover talk
- U.S. will appeal injunction blocking China safeguards
- U.S., EU rice battle heats up
- U.S. Chamber of Commerce names Huther to root out piracy
- WTO looks at four candidates for director-general post
- Exel names Pattullo as three-region CEO
- Matson Integrated Logistics buys Aquitaine
- Singapore port's shipping tonnage passes 1 billion for first time
- Tacoma port, Evergreen open Pierce County Terminal
- Port of Charleston container volume rises 17% in last half 2004
- Port of Halifax container volume down 3% in 2004
- Hutchison subsidiary to develop Karachi port phase III project
- Record for single ship box moves at Felixstowe
- Port of Victoria dedicates $4 million agricultural exports center
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| JANUARY 31, 2005 |
- Ferry and tanker in collision off Falsterbo
The Swedish tanker "Rio Grande", ex "Engelsberg" and the Polish ferry "Pomerania" collided early Monday morning. The incident occurred in ...
- No strike on Swedish ships
The strike threat on Swedish-flagged vessels has been avoided. The employers and the officer unions have accepted a mediator ...
- Port of Göteborg potential hub for Russian crude oil
The Port of Göteborg is taking steps to becom a transhipment terminal for Russian crude oil. The port plans to ...
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