 | web site |
| APRIL 1, 2005 |
Shipping News
- Qatar to spend US$15b to bolster LNG tanker fleet
GAS giant Qatar will spend US$15 billion over the next five years to add 70 vessels to its fleet of tankers to export more liquefied natural gas , Oil Minister Abdullah al-Attiyah said.
- Hutchison's port unit posts 17% gain in '04 earnings
HUTCHISON Whampoa Ltd, the world's biggest port operator, said earnings from its container terminal business rose 17 per cent last year after rising trade boosted cargo volume.
- Philippines port operator ICTSI's profit doubles in '04
DOUBLE-DIGIT growth in container cargoes handled by subsidiaries in Brazil and Poland pushed earnings of the Philippines' largest port operator to a record high last year.
- Pirates kidnap tugboat's captain, 2 crew members
- Fishermen's fury
|
 | web site |
| APRIL 1, 2005 |
- Carriers launch Seas service between Asia, S Africa and S America
- Mainland garment exports may face quotas
- CN rail strike averted
- APL expands presence in Poland
- "K" Line changes Taiwan agent name
- Port of Dubai joins anti-terrorism initiative
- Bimco centenary GM to be held in May
- Hamburg Sud adds B/L feature to web site
- Cindy Lin joins Tacoma green team
- CNAC posts 52.5pc increase in 2004 turnover
- China airlines boost summer-autumn services
- UAL reports US$179m operating loss for Feb
|
 | web site |
| APRIL 1, 2005 |
- Varun Shipping buys Aframax tanker
- MOL to launch new service linking JNP, Singapore & Port Klang
- Target of $ 50 bn in software exports on track—Nasscom Chief
- 2.37 m TEUs handled in 2004-05!
- Cochin Port’s ICTT, Sethu project begin to worry Lankans
- Baalu gives in-principle approval for 2nd box terminal in Chennai Port
- MoS to reply to Plan panel’s doubts on Sethu project
- TPT unveils incentive scheme to attract more cargo in 2005-06
- Another benchmark for NSICT
- Lack of proper connectivity hampering trade, Chennai Port users tell D.T. Joseph
- Apparel park scheme to be restructured
- FinMin to spell out details of infrastructure SPV soon
- Dharna in Delhi planned on April 21 to protest I-T harassment
- Quality certification for chilli exports made compulsory
- SEZs legislation on cards-Nath
|
 | web site |
| MARCH 31, 2005 |
- Japanese bunker trader changes name, looks to cargo market
Bunker trader looks to broaden its fuel oil business in the domestic spot market to utilise excess residual oil supply from parent company. | In Full |
- SK Corp to begin 1,000 cst HSFO exports to Singapore
Triggered by widening gasoil/fuel oil spread, Korean refiner hopes to gain by blending less gasoil into its high viscosity HSFO pool and offloading excess product. | In Full |
- Petroplus trims bunkering interest with sale of SBI stake
Petroplus, which owns ARA-based bunker players Frisol and North Sea Holding, has sold its 50% stake SBI, held through the North Sea Group. The move is seen as part of the Petroplus buy-out process. | In Full |
- ARA barge market little changed, loading delays in Rotterdam
- Shell joins 500 cst league in Singapore
Another major reportedly joins those offering the increasingly popular 500 centistoke fuel oil grade in the world's largest bunker market. | In Full |
- Singapore: Residual fuel and distillate inventories fall
- Prosecution seeks appeal after pollution acquittal
Brest public prosecutor is to appeal against the court's decision to acquit the Atlantic Hero's master, who was accused of deliberately causing pollution at sea. | In Full |
- Selandang Ayu captain admits to lying
The Indian captain of Malaysian-flagged cargo ship Selandang Ayu which ran aground off the coast of Alaska creating both human and environmental disasters is expected to plead guilty to lying to investigators. | In Full |
- Vancouver: Shipping sector to help form emissions action plan
The Greater Vancouver Regional District will meet tomorrow to form a workshop on reducing marine related exhaust emissions in the region. | In Full |
- Shell Trading denies reports of disciplinary reshuffle
STUSCO, Shell's US-based trading arm, denies press claims that employees were terminated, transferred or disciplined as a result of trading activities in the fuel oil market. | In Full |
- Houston security charge added to bunker deliveries
|
 | web site |
| MARCH 31, 2005 |
- Top executives to gather for Tiaca AGM and conference
- Maddocks unveils new fleet management technology
- UK: new guidance document for infectious substances
- Vanderhoeft et Cie SA opens new branch office
- Tesco takes to the rails
- Cargolux introduces Amman service
- Container terminal enhancement at Gothenburg running smoothly
- Finnair president to retire
|
 | web site |
| MARCH 31, 2005 |
- Filipina ferry beautician gets US$17,000 pay-off
- Camillo Eitzen charters newbuilds, sells old LPG ship
- C-MAR buys Brian Cushing & Associates
- Selendang Ayu master gets probation
|
 | web site |
| MARCH 31, 2005 |
- Fincantieri to pay first ever dividend
- Selendang Ayu captain makes guilty plea
- K-Sea signs $80 million revolving credit agreement
|
 | web site |
| MARCH 31, 2005 |
- Greenbrier earnings skyrocket during second fiscal quarter
- Customs nabs trucker hauling cocaine to Canada
- American Airlines Cargo boosting fuel surcharge
- Port of Longview facilities do double-take on bulk cargo
- APL opens own company serving shippers in Poland
|
 | web site |
| APRIL 1, 2005 |
- Car carrier ablaze in Mediterranean
A WALLENIUS vessel is on fire off the coast of Greece, with the crew preparing to abandon the ship.
- P&O Nedlloyd deserts Japan in super post-panamax order
CONTAINERSHIP operator P&O Nedlloyd has turned its back on Japan by ordering five super post-panamax vessels in Korea in a deal estimated to be worth $600m.
- ‘Leper ships’ fear stoked by EU plans
PLANS by the European Union to introduce a new tier of compulsory ship insurance could lead to the creation of "leper" ships, doomed to wander unwanted from port to port, an industry association has warned.
- Chipper and Wonsild join forces in new Danish tanker giant
DANISH shipping added a new force to its clutch of industry heavyweights yesterday with the consolidation of Bahamas-registered Clipper and Copenhagen owner Wonsild’s tanker operations into a new parent company.
- Strike call goes out to French crews
FRENCH seafarers’ unions have issued a new strike call to coincide with the expected return to the French senate of the Bill creating a new international register, writes Andrew Spurrier in Paris.
- Prestige saga destined for the big screen
HOLLYWOOD has been buzzing over the past week with speculation that production is planned on an all-star disaster film based on the Prestigetanker accident.
|
 | web site |
| MARCH 31, 2005 |
- Møller exceeds $4Bn net profit
AP MØLLER-Maersk increased its net profit by 41% to DK24.3Bn ($4.24Bn) last year, helped by strong earnings from its shipping division
- Car carrier Aniara crew evacuated
THE crew of the Wallenius Lines pure car and truck carrier Aniara were taken to shore by helicopter today after they were unable to extinguish an engine room fire
- Selendang captain does plead guilty
FIRST, he lost his ship, then six of his crew during a failed rescue and now Capt. Ash Bhushan Singh, late of the Selendang Ayu, has pleaded guilty to misleading investigators
- Canadian spill proposals questioned
- Transneft rejects restructure plan
- Eurotunnel to request default waiver
- Eitzen tweaks LPG fleet
- Carnival reveals earnings impacts
- NYK switches to add cruise capacity
- Tug crew kidnapped off Sabah
- Singapore, China sign protocol
|
 | web site |
| MARCH 31, 2005 |
- Record profit for Maersk Sealand parent
Profit for world's largest container carrier more than doubled to $1.5 billion from $678 million despite higher charter costs, weak dollar.
- P&O Nedlloyd orders mega-ships
- Export ABCs: Sarbanes-Oxley and export revenue
- New pitch: Baseball and DHL
- FMC exempts China carrier
- Bush asks fast-track extension
- Turnaround for Trailer Bridge
- EU, Canada hit U.S. goods
- Chennai gets second box terminal
- Hanjin extends Descartes deal
|
 | web site |
| MARCH 31, 2005 |
- Hutchison terminals see volumes and profits soar
Hutchison Whampoa (HWL) group MD Canning Fok said today that the group is satisfied with the growth rate of its port business in Hong Kong.
- Major blow as Melbourne channel-deepening halted
Shipping and import/export communities have been quick to express anger over a Victoria Government decision to postpone Melbourne channel-deepening while further environmental and technical studies are undertaken.
- UP investments aimed at solving last year's capacity failures
Union Pacific Railroad (UP), one of two major intermodal railroads serving western and central US, is spending US$1.3billion this year on track improvements.
- APMM Group results within consensus, but 2005 outlook flat
- European lines seek Ningbo Port co-operation
- P&O vent chagrin as Delhi approves second Chennai terminal
- Rottergate banks take claims to court
- Algeciras starts customer campaign, after TCB exit from public terminal
- ITF escalates campaign against NYK charter vessel
- Protocol extends Singapore/China trade relationship
- CNC Transports restructuring date set
- P&O Nedlloyd announces five 8,600TEU newbuildings
- Masan Port to start terminal construction
- Sinokor profits surge by 500%
- Yang Ming takes delivery of YM Harmony
|
 | web site |
| MARCH 31, 2005 |
- Record result for Maersk
Danish shipowner revels in shipping boom in centential year.
- Partners snuggle up
Odfjell is boosting its chemical carrier joint venture with Ahrenkiel with a $54m vote of confidence.
- P&O Nedlloyd goes for five
Liner operator to splash out $700m on building 8,600 teu ships at Hyundai Heavy Industries.
- Grain capacity secured
UK energy company confirms plans to beef up first LNG terminal still further while awaiting first cargo shipment.
- Green light for Aquamarine bid
London based broker sets up $93m deal to privatise Georgia’s Ocean Shipping Company.
- Norden buying up own shares
Carsten Mortensen-led Norden is betting $19m that it is undervalued.
- Eitzen upgrades gas fleet
Norwegian shipping group takes on a couple of newbuildings as it finds a buyer for 23 year old LPG carrier.
- Green cashes out of terminal
Green Reefers has pocketed around $1m in profit after getting rid of a marginal asset.
- Eidsiva must cough up
A Norwegian court has ordered that a Swedish S&P broker be paid his commission.
- Singh pleads guilty
Captain of the ill-fated Selendang Ayu gets three years probation for lying to federal investigators.
- Portek inks deals worth SGD12m
Singapore-listed port industry player details contracts in India and first equipment sale to Mexico.
|
 | web site |
| MARCH 31, 2005 |
- Maersk posts record $4 billion profit on container boom
- FMC grants China Shipping affiliate rate flexibility
- TACA revises Panama Canal transit fee
- Lykes leaves Central America Discussion Agreement
- Carriers to start Asia/Africa/East Coast South America service
- P&O Nedlloyd joins 8,000-TEU ship bandwagon
- MOL to merge Japanese agency companies
- Carlyle Group closes U.S. fund at $7.85 billion
- Rella heads Crowley focus on LNG
- NYK joins chemical audit program in Europe
- New 1,500-TEU ship for Yang Ming
- Continental staff agrees deal, except flight attendants
- IATA reports slight February dip in cargo traffic
- American Airlines raises fuel surcharge
- Lufthansa Cargo starts use of high-tech refrigerated container
- DHL to buy sorting systems
- DHL picks Pearson as ranking U.S. VP
- Former Sen. Breaux nominated to join CSX board
- EU imposes retaliatory duties on imports from U.S.
- NAFTA trade flourished in January
- Perry picked as top DHS lawyer
- Fraser River port handled record number of vehicles
- Ceres Terminals names Kern VP marketing
|
 | web site |
| MARCH 31, 2005 |
- Record order book at Aker Yards
Aker Yards has received confirmed orders for a total of NOK 6.2 billion (EUR 757.4 million) during the first quarter ...
- Transatlantic back on the exchange
The wellknown Swedish shipowning name Transatlantic is back on the Stockholm stock exchange after the merger of B&N Nordsjöfrakt ...
- Astronomic profit for A.P. Møller-Mærsk
A. P. Møller-Mærsk A/S went through the roof once again with a new record high profit in 2004 ...
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
