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| JANUARY 4, 2005 |
Shipping News
- M'sia, S'pore keeping tabs on Malacca straits
MALAYSIAN and Singapore maritime authorities are monitoring the situation in the Malacca straits following reports advising mariners to check possible changes to the seabed depth in the wake of the tsunami disaster.
- PSA Marine forges China port towage joint venture
PSA Marine, the marine services subsidiary of PSA International, has made its first foray into the port towage business in China - further fuelling speculation that it could be hived off in a public listing some time this year.
- CSX raises stake in Asia Container to 68.6%
US-based CSX World Terminals has raised its stake in Hong Kong's Asia Container Terminals to 68.6 per cent after acquiring a 39.1 per cent stake from Hong Kong's largest property developer.
- Keppel Fels bags US$110m Viet job
US to use buoy transmitters to extend port security system 04/01/05
- Myanmar to build deep-sea port
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| JANUARY 4, 2005 |
- Availability of big ships dries up, forecast shows
- Sino-V president believes future is bright for China logistics industry
- Qingdao port handles over 5m TEU through Dec 17
- China-Germany container rail service on track for spring
- Solutions to container port delays unclear
- Mekong to aid goods transportation from China to SE Asia
- Shantou to build 32 deep-water berths
- Aer Lingus Cargo reduces fuel surcharge
- Travel veteran joins Gulf Air
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| JANUARY 4, 2005 |
- NYK to replace Andex service with Alex - 2 new services this year
- NYK joins Hapag-Lloyd in US East Coast & S. America service
- MSC boosts Kalmar’s ‘mega’ STS cranes order book position
- Maersk Sealand’s new weekly service from Aqaba port
- Evergreen Group announces changes at the helm
- "K" Line appoints new head
- COSCON wins award
- Govt agrees, in principle, to extend territorial limits to 200 nautical miles
- Doubts emerge on need for mega boxships in future
- Dec. 31, 2004 deadline sees 25 companies opting for tonnage tax
- BCC&I submits significant recommendations for inclusion in Policy on Maritime Sector
- Tea exports from South find new markets, increased demand
- Chennai Port Trust deploys cranes to salvage sunken fishing boats
- JNPT lends helping hand to tsunami-hit
- DPI donates Rs 10 lakh to tsunami-hit
- Dockers to the rescue of tsunami victims
- BA awarded 7 new flights to India
- CONCOR’s ICD at Tirupur, bonded trucking may begin operations this month
- Robust 13 pc rise in airfreight in 2004
- Forex reserves up by $ 924 million to $ 1,30,621 million
- Steel prices jacked up by Rs 500-1,200 a tonne
- Assocham study sees transaction costs down by 5 pc over 6 yrs
- Textile industry tests waters at dawn of quota-free era
- Customs duty on defective steel halved
- FM hints at massive tax reforms in Budget
- Forex reserves swell by $ 394 m
- CII snap poll finds India Inc optimistic of over 6 pc GDP growth
- Exports of agricultural produce to get duty concessions
- Tsunami sinks Rs 200 cr. for fishing industry
- MP CM to speak at IMC tomorrow
- Rangarajan heads PM’s Economic Advisory body
- IMC meet to discuss relief measures
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| JANUARY 3, 2005 |
- EU emissions trading scheme begins
Shipping industry likely to keep a keen interest on the launch of the world's first emissions trading scheme - as EU looks to meet Kyoto guidelines on carbon dioxide.
- Reports of tsunami vessel casualties emerge
- Island state 180cst sales could rise on tsunami relief effort
As US, British, Australian and other navies join the aid effort in southern Asia, 180cst sales look set to rise, say traders.
- Singapore 500cst sales show healthy growth
Port statistics reveal growth in sales of 'other' fuel oil grades as more players prepare to enter high-viscosity bunker market.
- ARA market in the doldrums as new year begins
Rotterdam trade market inactive due to lack of price direction from Brent crude, while Asian markets slip on weakening US crude futures after a slow start to 2005.
- Bominflot appoints new Risk-Supply Manager
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| JANUARY 3, 2005 |
- Imperial Logistics International upgrades its website
- Canadian report calls for boost in security funding
- Frans Maas enlarges intercontinental alliance network
- Intercontainer Austria (ICA) latest UIRR member
- Varig to resume Brazil-Germany service
- MacAndrews/CMA CGM to call at Khorfakkan
- ERFA nominates new secretary general
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| JANUARY 3, 2005 |
- Keppel FELS starts 2005 with jackup order
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| JANUARY 3, 2005 |
- "K" Line CEO moving to board counselor position
- New shipping agency relocates to offices at Port of Vancouver, USA
- Excel Maritime taps Papatrifon as new chief financial officer
- Team continues investigation of WSF ferry grounding incident
- Vietnam Airlines places order for four Boeing Dreamliners
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| JANUARY 4, 2005 |
- Staying on ship saved Samudera seafarers
THE four crewmen rescued from the Samudera Shipping Line cement carrier that capsized off Aceh survived because they were onboard ship when the tsunami hit.
- Insurance losses could hit $10bn
GLOBAL insured losses from the Asian tsunami disaster are likely to range between $5bn and $10bn, according to leading insurers, writes James Brewer .
- Asian shipping companies rally to help disaster victims
MANY companies in the shipping industry in East Asia are rallying to help the victims of the Asian tsunami, writes Marcus Hand.
- Warning on Malacca Strait depths
SHIPOWNERS are being warned that water depths in the Malacca Strait may have been affected by the Asian tsunami, writes Marcus Hand.
- Gas Natural and Knutsen in talks over LNG newbuild for Izar yard
SPAIN’S Gas Natural is in close talks with Knutsen OAS in relation to an order for a new liquefied natural gas carrier that the Barcelona-based energy group wants to place with troubled domestic shipbuilder Izar.
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| JANUARY 3, 2005 |
- Samudera ship crew still missing
- Yang Ming offers free services
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| JANUARY 3, 2005 |
- New Year, new box charter highs
Containership market continue rally that has more than doubled hire rates since last January.
- NY-NJ ILA mechanics agree on pact
Employers, union maintenance and repair workers in the Port of New York and New Jersey agree to six-year deal.
- Manufacturing growth picks up
- CSX World Terminals acquires Asia box operator
- FMC asks for filings in Puerto Rico case
- CSI operating in 33 ports, says DHS
- Some Chennai delays from tsunamis
- Rotterdam boxes soar
- China Merchants enters Shanghai port
- New Far-East-Black Sea service
- Kansas City Southern selects new EVP
- Indiana ports tops record
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| JANUARY 3, 2005 |
- Is the party over?
'Brutal' decline in tanker hire rates hints at further 2005 weakness, analyst says.
- Nosedive of '05
No Happy New Year for tanker stocks on first trading day.
- Wilhelmsen awards shares
Ingar Skaug heads list of managers sharing $8m stock option reward.
- Wilhelmsen rallies round
Big donation to Medecins Sans Frontieres lifts Norwegian shipowners tsunami aid to nearly $100,000.
- Box lines aid victims
Yang Ming offers free shipping while others chip in boxes, but for some it’s business as usual.
- Japanese invest in MBC tankers
Trading houses Itochu and Mitsui take stakes in two product tankers ordered at Dalian Shipyard.
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| JANUARY 3, 2005 |
- Norwegian gas ferries LoI
Fjord 1 Nordvestlandske has signed a letter of intent with Aker Yards to build five gas ferries for delivery in ...
- Job offers withdrawn by Fjord Line
Fjord Line’s job offer to 160 Norwegian seafarers in the Faroe Isles company P/F FL Færøyar has been withdrawn ...
- Bulker salvaged in Danish waters
"Mastrogiorgis", the Greek owned bulk carrier, that a week before Christmas ran aground just south of the Great Belt Bridge ...
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