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20 October 2019 The on-line newspaper devoted to the world of transports 18:11 GMT+2

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The Business Timesweb site
OCTOBER 4, 2005
Shipping News
  • Asian seafarers wage proposal stirs controversy
    A controversial proposal for a new Asian wage standard for Asian seafarers manning more than 40 per cent of the global merchant fleet has stirred up the complex and frequently caustic environment surrounding seagoing wages.
  • MOL to expand product tanker fleet
    JAPANESE shipowner Mitsui OSK Lines says it plans an aggressive expansion of its product tanker fleet, including introduction of the newest MR-type vessels.
  • Three scenarios for Johor Port-MMC deal
    SPECULATION that Johor Port Bhd may be either privatised or acquired by MMC Corp Bhd has resurfaced on Bursa Malaysia Bhd, prompting analysts like OSK Research to theorise that it makes sense now, reported the Malaysian Business Times.
  • NOL's first MD Sayeed passes away at 95
  • Somali pirates set free UN aid ship: owners
  • After the storm

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Sched Netweb site
OCTOBER 4, 2005
  • 'One-truck, one-driver' rule between HK, Guangdong relaxed
  • Asian port infrastructure needs to keep pace with vessel size increases: expert
  • Norfolk Southern makes Moorman CEO
  • Globe Express enters Vietnam market
  • Lines servicing Australia trade raise BAF
  • Evergreen opens own agency in Russia
  • MOL receives top disclosure rating by Japanese analysts
  • HAFFA to continue monitoring CASS
  • Boeing, machinists ratify three-year contract
  • Singapore Airlines, Asiana Airlines sign pact

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Exim Indiaweb site
OCTOBER 4, 2005
  • EVERGREEN enhances presence in Indian market
  • Shipping financiers warn against oversupply of ships & over-diversification
  • Cargo handling conference to be held in Singapore in March 2006
  • Line consolidation seen as challenge and opportunity
  • P.K. Srivastava, K.K. Kothari draw anchor for the Gulf
  • INSA makes strong pitch for retaining LNG import policy on FOB basis
  • The many voyages of Chinese shipping patriarch, Frank Tsao
  • CSCL now ranked 5th in carrying capacity
  • MacAndrews introduces its largest-ever ship on Spanish container services trade
  • Ecu-Line opens new service direct into Port Gentil
  • Wan Hai Lines christens new vessels
  • Lines pressure authorities to widen Panama Canal
  • Inttra breaking new records in Latin America
  • Björk.Eklund Group strengthens position in Norway
  • Kalmar nets giant straddle carrier & STS crane orders
  • China buys Indian soyameal as prices dip
  • Bharati Shipyard inspecting sites along western coast to set up major shipbuilding yard
  • JNPT appoints Scott Wilson as project management consultant
  • India, US aviation programme to lay emphasis on training facilities
  • Emirates SkyCargo, Korean Air Cargo sign Indian codeshare deal
  • Transporters at JNP to go on strike against highway toll tomorrow
  • Forex reserves dipped by $ 1,055 million to $ 1,44,222 million
  • Current account deficit estimated at $ 6.2 billion in Q1
  • L&T plans to build another unit to produce marine structures
  • LNG, gas pipeline deals still on, assures Iran
  • Move to raise Bangalore rose onion exports by 10 pc
  • Essar bags 'Safest Indian Shipping Company' award
  • Major dredging seminar today

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International Transport Journalweb site
OCTOBER 3, 2005
  • Claude Béglé relieved of all his duties
  • German seaports: volumes continue to rise
  • Emirates Skycargo and Korean Air sign cargo code share
  • Davies Turner joins Pall-Ex
  • Fiege generated good results in 2004

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Maritime Global Netweb site
OCTOBER 3, 2005
  • Somali pirates free Semlow
  • Jumbo in repeat order
  • NoE urges owners to fight for their interests
  • Crowley to buy Titan

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World Wide Shipperweb site
OCTOBER 3, 2005
  • Boeing workers ratify new three-year contract
  • US, Brazil agree to begin trading as equals
  • New 112,000-ton cruise ship under construction for Carnival
  • Port of Portland web site spotlights international trade
  • State auditors give thumbs up to Port of Vancouver, USA for 2004

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Lloyd's Listweb site
OCTOBER 4, 2005
  • Storm brews over threat of hurricane rate hikes
    EUROPEAN insurance buyers are ready to revolt against paying higher premiums to compensate underwriters for their huge losses arising from Hurricanes Katrina and Rita.
  • Bergesen gas giant's float moves nearer
    Gas shipping giant Bergesen Worldwide Gas has moved closer to its eagerly awaited stock market flotation.
  • Sea Containers chiefs to thrash out Silja future
    SEA Containers boss James Sherwood and boardroom lieutenants yesterday gathered for a meeting expected to decide on the fate of lossmaking Baltic ferry subsidiary Silja Lines.
  • Turkey set to lift Cyprus ban
    THE end of the Turkish ban on Cypriot maritime interests moved a step closer last night when European Union member states came to an agreement to begin negotiating Turkey's membership, writes Justin Stares in Brussels.
  • Israel to probe Zim Asia collision
    AN OFFICIAL from Israel's transport ministry is due to arrive in Hong Kong on Thursday to investigate last week's alleged collision between the 3,429 teu Zim Asiaand a Japanese fishing boat that killed seven fishermen.

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Fairplayweb site
OCTOBER 3, 2005
  • More talks over 'critical' SNCM
    THE French government is warning that the financial position at ferry operator SNCM is "critical" and says the extraordinary board meeting scheduled for 10 October could be told of the company's bankruptcy
  • Irish Ferries dispute goes to court
    THE Irish Ferries dispute over the replacement of existing crew by agency seafarers has moved to the Irish Labour Court today
  • Spanish yards up for sale
    BIDS for Spain's public shipyards will be accepted between today and 17 October, said a spokesman from SEPI, the state industrial holdings company
  • GAC network expands to UK
    GAC agency network has expanded to the UK through an alliance agreement with Stockton-on-Tees-based OBC Shipping
  • Boxship rates, periods sliding
    BOXSHIP charter rates, and also periods, appear to be continuing their decline following the turning of the market earlier in the year
  • Zim admits boxship collision
    A delegation from Zim went to the Japanese embassy in Tel Aviv today to apologise for an incident in which one of its vessels collided with and sank a fishing vessel
  • Tow located, tug missing
  • SNCM ferry hijackers released
  • Consolidate small players first
  • Tsakos tightens defences
  • Dragon typhoon sinks dragon bulker
  • US, Brazil push for maritime accord
  • Mexico besieged by storms

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The Journal of Commerceweb site
OCTOBER 3, 2005
  • Customs continues hurricane recovery
    All ports of entry except Port Arthur are fully operational; damage shown Sept. 24 at Sabine, Texas (l), following Hurricane Rita.
  • Container ship rates plunge
  • UPS denies TNT target
  • Colombo is 40th CSI port
  • EU commission rejects antitrust plan
  • Strike ends at Polar Air
  • UTi acquires Concentrek
  • Evergreen opens India offices
  • Emirates, KAL in India pact

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Containerisation Internationalweb site
OCTOBER 3, 2005
  • Asia-SAWC rates go down under capacity flood
    Freight-rates between Asia and South America's west coast are being slashed following huge capacity-increases on the trade, according to two South America-based market players.
  • Watchdog warns Corps of Engineers to cut down on ebb and flow of funds
  • Chinese processed fabrics flood Indian market, for re-export
  • Delphis takes over Nord Container Service feedering
  • Drumroll of unease for ports, under trumpet-call of 13,000TEU ship design
  • Russian Railways prepared for 'radical modernisation'

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TradeWindsweb site
OCTOBER 3, 2005
  • Courage aims high
    Asian dry shipping venture exudes confidence with skyward pointing graphs to support mini IPO.
  • Tanker futures boost
    Shipbrokers join forces with financial market player to pump the wet freight derivative market.
  • RCCL stock hits bullseye
    Bondholders mull swapping their debt for equity after shares reach conversion level again.
  • Svithoid sells shares again
    Swedish owner is raising more cash for fleet expansion with another rights issue.
  • Horizon graded B
    Ratings agency says ratios could improve but still no news on fleet replacement.
  • Back to Norway
    DFDS scraps Cuxhaven to Harwich service and returns chartered ro-ro to Fjord Line.
  • Imarex hits record
    Number of transactions on Oslo freight futures exchange reaches all time peak in September.
  • Smyril to takeover Fjord
    Faroese ferry company set to gain control of Bergen based Fjord Line as former owners take a $30m hit.
  • CSAV in the market
    Chilean box operator ties up $250m credit line to buy new ships.
  • Zim ship collision confirmed
    Japanese officials match paint scraping from hull of Zim Asia to that from capsized fishing vessel.
  • Swissco signs for two
    Chinese yard to build anchor-handler and tug for Singapore owner.
  • Third time lucky for Semlow
    Food aid ship finally released by Somali pirates after two earlier promises broken.
  • Star sells Star
    Norwegian reefer owner pockets profit from sale and charter-back deal on 1993 ship.
  • Crowley to acquire Titan
    US shipowner adding another string to its bow with acquisition of Florida-based salvage company.
  • Jumbo places repeat order
    Growing demand from offshore industry prompts Dutch heavy-lift specialist to order more ships.

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American Shipperweb site
OCTOBER 3, 2005
  • U.S., Brazil enter maritime agreement
  • GAC Shipping expands agency network to U.K.
  • A.P. Moller-Maersk promotes Jorgensen to senior VP
  • Polar's crewmembers end strike, reach tentative deal
  • UPS adds pharmaceutical warehouse
  • Globe Express opens Vietnam office
  • Bonner puts CEOs on the hook for supply chain security, defends record
  • UTi Worldwide acquires Concentrek
  • Congress moves to keep port security grant program intact
  • GPA head outlines plans for Port of Brunswick
  • L.A.-Long Beach harbor traffic still under control
  • Plans advance for new bulk distribution center at Port of Tampa
  • Rail volume jumps at Port of Virginia

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The Scandinavian Shipping Gazetteweb site
OCTOBER 3, 2005
  • Joint operation of Fjord Line and Smyril Line
    Bergen-based Fjord Line and the Faroe Isle company Smyril Line, which will soon take control of Fjord Line, has ...
  • DFDS closes down on Cuxhaven'Harwich run
    DFDS Seaways has decided to close down the passenger service between Cuxhaven and Harwich. The decision comes after several years ...
  • New ro/pax route Drammen to Swinoujscie
    A new ro/pax route will begin sailings from Drammen in Norway to Swinoujscie in Poland under the name ScandLink ...

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The Bunker Bulletinweb site
OCTOBER 3, 2005
  • Crude softens, US distillates 'sky high'
    As the crude market relaxes, US fuel oil prices follow but distillates find new highs.
  • Algeciras: Bunker spill prompts anger
    Spill of thousands of litres of oil sparking angry response from environmental groups.
  • Egypt: EGPC issues gas oil import tender
    Egyptian General Petroleum Corp. seeking four 35,000 mt gas oil cargoes.
  • Castrol Marine: Significant marine lube price hike imminent
    Marine lubricant supplier warns prices to increase by around 20% by early next year.
  • Prompt remains tight in ARA market
  • US bunker player awarded 5-year DESC contract
    US bunkering company awarded one of the latest US Department of Defense contracts.
  • Chinese refinery trims October fuel output
    PetroChina is undergoing maintenance on its plants that will result in marginally reduced fuel output from China in October.
  • Japan: August bunker sales up 29.2% on year
    August bunker fuel sales and production up both month-on-month and year-on-year.

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