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| OCTOBER 3, 2005 |
Shipping News
- TSA to seek rate hike at upcoming talks
TRANSPACIFIC box carriers congratulated themselves, their vendors and customers for their 'cooperation and creativity' in avoiding a repeat of last year's peak season congestion, but warned that cost recovery was 'the top priority' for 2006-07.
- French ports blocked as union fights ferry privatisation
THE French ports of Marseille and Bastia remained blocked by angry union members yesterday, amid a sometimes-violent privatisation dispute which has disrupted sea trade and left thousands of tourists stranded on Corsica island.
- Busan port to open 3 new berths in Jan
SOUTH Korea's main port of Busan will open three new berths in January, part of a US$9 billion plan to double its container handling capacity by 2011, the head of the port authority said.
- Hutchison Port in Oman venture
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| OCTOBER 3, 2005 |
- YICT orders 85 cranes at US$250m
- MOC to turn Dalian into shipping hub
- NWS invests in Tianjin container terminal JV
- Maanshan port to feature terminal
- Kaiser joins K + N management board
- Dongning trade hits US$640m
- CP Ships increases role in US Maritime Security Programme
- US Airways makes public an offer
- Ertaizi Airport halts operation
- Exel pumps up its Singapore operations
- Executive director of LA Airports resigns
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| OCTOBER 3, 2005 |
- Iran facilitating goods transit along North-South Corridor-Official
- Shipowners, shipbuilders prefer the divide
- Meeting outlines APLN membership benefits
- Survey rates DCI best mid-sized PSU
- Groundnut exports may go up by 20 pc
- More basmati varieties getting perfected in labs for export market
- Petronet to raise Dahej LNG terminal capacity to 12.5 m tonnes
- Maritime city to come up in Hamriyah Free Zone
- Bangladesh may open Chittagong port to India
- CSL declares 7 pc dividend
- Bharati Shipyard gets major order
- Warehousing Bill to be tabled in Parliament
- DEPB scheme given a month’s extension
- State ban on plastic bags may affect exports from entire country
- Three-fold rise in trade deficit during April-June 2005
- Govt to clear Rs 12 cr. pepper subsidy
- Canada to support India in WTO negotiations
- CBDT extends stay on recovery proceedings
- ECGC settles Rs 10 cr. claims of 4 banks in Gujarat
- Interactive meeting at IMC tomorrow
- Meeting with Taiwan team today
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| SEPTEMBER 30, 2005 |
- Ewald Kaiser appointed to the management board of Kuehne + Nagel International AG
- Global container terminal operators continue to dominate
- France: transporters get unexpected windfall
- Logistics managers say UPS has very good reputation in Germany
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| SEPTEMBER 30, 2005 |
- Texas grain terminals intact after Rita
- Round Table launches PR leaflet
- Wrecked boxship cleared from Scheldt
- Rina and China Classification in JV
- Golden Ocean in resale deals
- LD Lines launches no-frills Channel ferry service
- Sea and Water gets another 3 years’ funding
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| OCTOBER 2, 2005 |
- FEMA cruise ship contracts defended
- Navy awards more DD(X) contracts
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| SEPTEMBER 30, 2005 |
- Crowley earns award for tank-vessel safety
- Rail freight numbers break pair of records
- Annual fishermen's festival set for Saturday in Seattle
- Port of Everett using props to demonstate building heights
- CP ships expanding vessels under MSP contract
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| OCTOBER 3, 2005 |
- Brussels backs shippers and calls for ban on surcharge ‘price fixing’
SHIPPERS have won a powerful ally in their long battle against additional charges imposed by container lines on top of basic freight rates.
- Skuld backs Asian rival to London for dispute arbitration
SKULD P&I has lashed out at the excessive legal costs of London arbitration as it backs Singapore’s maritime arbitration chamber for its Asian members.
- Lloyds TSB still bullish despite loss of Stowell
British bank Lloyds TSB remains committed to expanding its ship finance business despite parting ways with head of shipping Peter Stowell just a few months after he was appointed to spearhead growth.
- Shipping’s run on Wall St may be nearing its end
HIGH noon is nigh for the shipping IPO market, with five deals that aim to raise a collective $1bn scheduled to price during the two weeks.
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| SEPTEMBER 30, 2005 |
- EU 'prevents shippers cutting cost'
EU competition laws forbidding deep sea lines discussing shipping solutions with other carriers can prevent shippers reducing their transport costs, a shipping panel at the Zelus UK Port Congestion Solutions conference in London agreed yesterday
- EU's Barrot discusses SNCM crisis
EUROPEAN transport commissioner Jacques Barrot meets the French transport minister today to discuss SNCM, while Corsican ports and airports are blockaded
- UK lacks box port urgency
THE UK government should provide a stronger lead in co-ordinating the requirements for additional deep sea container port capacity, conference delegates voted yesterday
- Pemex anticipates cancellations
PEMEX is expecting 10M barrels (about 1.5M tonnes) of crude shipments intended for the US to be cancelled
- Crew wage issue kicks up controversy
A veiled suggestion by Singapore union leader Thomas Tay of an Asian wage pact stirred up controversy at an maritime manpower conference today
- US cracks Colombian drug ring
US anti-narcotics police this week arrested 22 associates of a Colombia-based group that has been smuggling its wares through American ports
- CP Ships flags five into MSP
- Tankers to lose ice-class benefits
- Panama Canal now fully open
- Fowairet boxes being removed
- Sea Containers discusses ferries
- Australians seek fair competition
- Blast damages stevedore offices
- Bush angers Jones Act carriers
- SNCM unions unimpressed by proposal
- HHI ready to build 13,000 TEU ship
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| SEPTEMBER 30, 2005 |
- Hanjin mega-ship enters trans-Pacific
The 8,500-TEU Hanjin Baltimore deploys on the line's PSX service, the latest mega-ship to set sail on the busiest U.S. trade lane.
- Law: Making the loser pay
- $175M for U.S.port security grants
- U.S., Brazil sign maritime pact
- TACA may lose Hapag-Lloyd
- UPS eyeing TNT?
- Cosco Pacific eye more port projects
- Port of Lake Charles reopens
- Alabama budgets higher revenues
- Expansion for Brunswick port
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| SEPTEMBER 30, 2005 |
- Toronto truckers strike fuel compensation deal
Container movements by truck through Toronto’s intermodal terminals were returning to normal today after trucking companies and owner-operators reached an agreement on higher compensation for soaring fuel costs.
- Richards Bay box terminal could ease Durban delays
South Africa's Richards Bay port, used mainly for coal, drybulk and breakbulk cargo, could become an alternative container facility to the congested Durban harbour if current proposals are adopted.
- Korean shippers back dock labour reform
- Striking Cochin dockers return to work
- Evergreen plays catch up on its Russian competitors
- Latvia gets EIB funds for infrastructure development
- Transit times benefit from more Mozart Express III’s
- Mohnsen takes over the helm at TX Logistik
- Santos Siscomex sabotage theory quashed
- CSCL to order 70,000 boxes
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| SEPTEMBER 30, 2005 |
- Pistiolis comes out shooting
Top Tankers chief calls Tobias Konig's attack on Greek IPOs for inflating ship prices “joke of the decade.”
- Marinakis v Konig
Was Tobias Konig talking twaddle? Was Evangelos Marinakis right to be incensed? Who’s right and who’s wrong in the ice class spat between the shipping industry’s own sluggers?
- Ice class row hots up
Evangelos Marinakis fires broadside at Tobias Konig and says he wanted to buy his products carriers.
- Salvage moves forward
Grounded containership set for repair after sustaining hogging damage.
- Carnival picks US over Europe
Group re-allocates last in four-ship order to Carnival Cruise after North America outperforms other brands.
- Bollore doubles up
Vincent Bollore's French group saw big jump in profit in last interim results before selling Delmas and Otal lines.
- China deal for Golden Ocean
Frontline dry cargo spin off spends $118m on Waigaoqiao newbuildings.
- IPBCC hikes eastbound rates
High charter rates force boxship conference to go for rate restoration from Med.
- EC boots out liner plan
Competition regulators say no to data-exchange proposal as alternative to price fixing.
- Bharati to build six
Indian shipyard signs deal for six multipurpose vessels with Dutch owner.
- Engine claims rev up
Swedish Club study highlights that medium speed claims are four times higher than for low speed models
- Corsica Ferries scraps sailings
French ferry owner stays put following violent protests over privatisation of rival SNCM.
- Two detentions in Canada
Fair Ship bulker and troublesome Turkish cargoship detained during August.
- Hurricanes hurt ISH
US-flagged shipowner to take $1.8m hit from delays and damaged caused by Katrina and Rita.
- Keppel seals a six-pack
Newbuilding contracts from foreign and domestic buyers buoy orderbook at Singapore shipbuilder.
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| SEPTEMBER 30, 2005 |
- Hyundai Heavy Industries accepting 13,000-TEU mega-ship orders
- China Shipping secures $100 million loan
- ARC adds three U.S.-flag ro/ro vessels to fleet
- U.S., Brazil to sign maritime pact today
- International Shipholding making long-term adjustments after hurricanes
- Hanjin Shipping names 8,000-TEU ship
- Crowley Maritime acquires salvor Titan Maritime
- CP Ships reflags vessel for MSP, opens Washington office
- Evergreen group establishes Russian agency
- GAO critical of Air Mobility Command's cargo capacity measures
- Virgin Atlantic sells North American cargo handling operations to WFS
- IATA reports 2.8% air freight growth in August
- World Air Holdings raises third quarter expectations
- Thai Airways posts 5.6% rise in August cargo
- Continental to start daily nonstop Newark/Copenhagen service
- Hurricanes fail to halt U.S. railroad freight traffic growth
- Labwire signs contract with Transportation Services
- Third-round U.S.-Chinese textile talks end without agreement
- Bonner loosens rules for monthly duty payments
- U.S. soybean exports break record
- Fish and Wildlife bans beluga sturgeon imports from Caspian Sea
- AST&L, Logistics jobs Web site form alliance
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| SEPTEMBER 30, 2005 |
- "Regina Baltica" docked at Naantali
Tallink’s car and passenger ferry "Regina Baltica", which ran aground off Kapellskär late last Tuesday, will today be docked at ...
- Smyril Line to take control in Fjord Line
Bergen-based passenger ferry operator Fjord Line has negotiated a total refinancing deal worth NOK 155 million of which NOK ...
- New design for 13,000 TEU container carrier
Germanischer Lloyd (GL) and Hyundai Heavy Industries (HHI) have presented a new design for a container carrier capable of carrying ...
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| SEPTEMBER 30, 2005 |
- ExxonMobil enters Houston market
Company offering fuel oil barging on temporary basis; longer-term presence in the market predicted.
- SEACARD to revolutionise bunker purchasing
US Defense Department launching new card payment system for bunker purchases with online transaction monitoring and processing.
- Singapore hits new bunker sales record
Fresh monthly sales record looks set to be followed by record-breaking annual volumes yet again.
- London: Recent broker moves
- New refinery part of Petrobras and PDVSA ventures
A new refinery capable of processing heavy crudes expected to contribute significant amounts of bunker fuel.
- Salvor warns authorities of need to plan ahead
Potentially disastrous incident avoided after grounding near Antwerp, but salvage firm warns that authorities need to think carefully salvage capacity.
- Full speed ahead for 2nd BUNKEREXPERIENCE
Second run of the three-day course attracts bookings beyond capacity.
- Rotterdam holds firm Friday morning
- Hong Kong: Bunker demand levels mixed ahead of China holidays
Hong Kong bunker players offer mixed forecasts for demand during China's public holiday period next week, however supply remains tight near-term.
- High bunker prices hurting dredging operators
Even dredging contractors are beginning to hurt from steep rise in bunker prices, but the sector still looks healthy.
- Philippines bunker market pins hopes on port development
Suppliers in the Philippines are struggling to be competitive on price, but pegs hope on growth and high safety standards for Subic Bay port development.
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