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| APRIL 5, 2005 |
Shipping News
- Indonesia to ban foreign lines from domestic service
INDONESIA will ban overseas shipping lines from carrying cargo between the country's seaports in a move to protect local companies, according to President Susilo Bambang Yudhoyono's March 28 decree, released in Jakarta yesterday.
- Security fears delay Pakistan port opening
PAKISTAN has delayed the inauguration of a Chinese-financed deep-sea port as security fears mean Chinese Prime Minister Wen Jiabao will be unable to go there this week during a visit to Pakistan, officials said.
Admiralty Casebook
- Vessel underway blamed for collision with anchored ship
A SHIP that collided with an anchored vessel in a river while leaving its berth has been held to be solely to blame for the incident even though officers on the anchored vessel also made several mistakes.
Port Shots
- Port Shots
SEMBCORP Marine subsidiary PPL Shipyard has won a $129 million contract to build a rig for Cyprus-based Seatankers Management Co.
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| APRIL 5, 2005 |
- PSA builds up Singaporean presence; PSA in India posts stellar results
- RCL forms joint venture in Vietnam
- DHL builds additional warehouse space in Australia, NZ
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| APRIL 5, 2005 |
- Record 1,49,710 tonnes of iron ore loaded on to HMM vessel at Chennai Port
- IMO deadline on single hull ships phase-out ends
- Hamburg Sud expands its e-business service offerings on Internet
- Despite 1975 protocol, shipping lines begin spadework on Indo-Pak trade
- Delivery of ships against fresh orders may take a few years
- Tuticorin Port registers 15.59 pc growth in traffic throughput during 2004-05
- TCT offers incentive scheme for rail-bound container movements
- Paradip Port breezes past MoS target
- MbPT chief discloses cargo handling plans
- Dedicated rail link to Bangalore international airport planned
- Forex reserves up by $ 1,701 million to $ 1,42,130 million
- WTO-compatible replacement to DEPB scheme likely by Sept.
- China is second largest trading partner of India, Envoy tells Fieo
- Kumar Mangalam Birla to head Board of Trade
- CII to hold interactive meet with Himachal CM on April 12
- ITPO to take part in International Handicraft Fair in Florence
- Toshniwal, Kasliwal to steer
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| APRIL 4, 2005 |
- Triton Marine Fuels expands team
- Russian player plans European expansion
St. Petersburg bunkering company Kontur SBP plans to invest $10 million in order to open offices in European ports.
- New employee at Curoil, another on the move
- Rotterdam market sharply higher with crude
- Reports: China may impose ban on single-hulled tankers
- Volgotanker to ship 30% more fuel oil and gas oil to NW Europe
Russia's largest barge owner to ship 30% more fuel oil and gas oil to northwest Europe although total contractual agreements still lag behind last year.
- US: Chief engineer faces jail term for pollution offences
Filipino chief engineer facing eight months jail after pleading guilty to the fixing of a bypass pipe to the oily water separator of his ship.
- Bunkers International ventures into Far East
- Dardanelles closed after collision and resulting spill
Two ships collided at Turkey's Dardanelles Strait on Sunday, resulting in the deaths of crew members from one of the ships and a spill of fuel oil.
- Shipping company increases fuel surcharge again
Matson Navigation Co. increases its fuel surcharge for the fourth time since March 2004.
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| APRIL 4, 2005 |
- Toftejorg Technology changes to "Oreco" and launches new website
- UK: no rise of fuel-duty until September
- Deutsche Post: new rumours about Exel acquisition
- Systemplus launches pan-European 12-hour service
- Iberia settles at Domodedovo airport
- P&O Nedlloyd Logistics unveils radical solution for automotive industry
- Modern Terminals appoints new CEO
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| APRIL 4, 2005 |
- Evergreen to pay $25 million fine in pollution case
- Ulstein Verft to build innovative AHTS for Bourbon
- Tidewater AHTS sale hits problem
- Sabine Transportation CEO gets prison sentence
- Stolt Nielsen orders two from Kleven
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| APRIL 4, 2005 |
- TSA member lines eye increase to offset Panama Canal rate boost
- US drug team nabs boat carrying over five tons of cocaine
- DOT makes ruling final for new China air services
- Matson raising fuel charge from 9.2 to 10.5 percent
- Royal Caribbean places order for third Freedom Class vessel
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| APRIL 5, 2005 |
- Sun starts to set on single hulls as phase-out comes into force
TODAY sees the start of a new dawn for the shipping industry, with the mandatory phase-out of single-hull tankers and the introduction of new regulations limiting the carriage of heavy grade oil to certain ship types.
- Analysts warn of chronic tanker shortage
REGULATIONS forcing a phase- out of category 2 tankers may result in a chronic shortage in available vessels by the end of this decade unless some are allowed to trade beyond 2010, writes Martyn Wingrove.
- Ghassan Gandour pays record-breaking $130m each for trio of VLCC newbuilds
A RECORD figure has been paid for VLCCs and the price is unlikely to have hit its ceiling just yet as backlogs veer towards LNG and containerships with the 2010 single hull tanker ban looming.
- No price respite on horizon
DON’T expect vessel prices to come down in the coming 18-24 months, warns Stephen Pan, the chairman of World-Wide Shipping Agencies, writes Sam Chambers in Hong Kong .
- Singapore wins another rig order
Singapore’s yards are sweeping up a lion’s share of jack-up rig orders as John Fredriksen’s Sea Tankers Management goes to PPL Shipyard with a US$129m contract.
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| APRIL 4, 2005 |
- Generali Assicurazioni cuts marine
LEADING Italian insurance company Generali Assicurazioni of Trieste is to drop its marine subsidiary UMS Generali Marine, and take on the work itself
- Italian cruise suppliers merge
TWO large suppliers to the cruise industry and mega-yacht sector have merged and created a new company in Italy
- Crewmen killed in Dardanelles
THREE crewmen were killed when the 3,016TEU boxship MSC Roberta was in a collision with the 37,302dwt bulker Aegean Wind in the Dardanelles Strait yesterday
- Double grounding in New Caledonia
- TACA joins TSA in raising Canal tariffs
- Stormy forecast for US Gulf
- Toxic pods off New Zealand
- Sabine CEO jailed for dumping
- Tanker rates predicted to fall
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| APRIL 4, 2005 |
- NOL volume surges 14 percent
Strong trade growth helped container volumes rise through the the first 10 weeks of the 2005 for sixth-largest box carrier.
- No holiday for rail intermodal
- Hamburg Süd shifting terminals on New York port calls
- Customs Update: What was Congress thinking?
- UPS Asia hub expansion
- Evergreen to pay pollution fine
- Polar gets China flights
- Chinese port sets IPO
- NOL to sell Lorenzo stake
- Wan Hai seeks rating
- Kalmar forms 'smart' unit
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| APRIL 4, 2005 |
- Talks continue in Shenzhen port security charge row
Shipping lines and terminal operators in Shenzhen have failed to reach an agreement on the controversial security charge which was imposed at the port on March 1.
- Transpacific lines to raise Panama Canal surcharges
Transpacific Stabilization Agreement (TSA) members have recommended increasing their individual Panama Canal surcharges by US$50 per container, from May 1.
- Congestion fears re-emerge at Nhava Sheva
- Auckland council buying port
- Local expert calls for CT10 Zhuhai-Macao bridge link
- Melbourne deepening delay rouses further ire
- ANZ Eastabout Service withdraws Savannah port call
- Operators plunge in for Vietnamese deepwater project
- KMI expects rates to go up in major trades
- One-stop Customs waybill speeds transits, says FESCO Logistic
- Fraser Surrey Docks boosted by arrival of cranes
- Rail platform deficit continuing at VICS
- New Kursiu charter ship allows all hi-cube pallet-wide service
- Inland depots reduce costs says Seoul
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| APRIL 4, 2005 |
- Evergreen pays $25m
US says fine in oily water separator case is largest ever for 'case involving deliberate vessel pollution.'
- Shipping fines put to work
Oregon begins clean-and-green programme with $1.2m in spill penalties paid by three owners.
- Liberty sues MarAd
Long Island owner sics legal beagles on US over Maritime Security Program subsidy slots.
- MC split amicable
Dismissed accountants Ernst & Young confirm no disagreement with owner in two years before breakup.
- Kleven wins Artic deal
Norwegian yard to build general cargoship for Forde-based owner at cost of $13m.
- DST hits back at DoJ
Greek shipowner is outraged that vicarious liability for crew gets them branded a "despicable company."
- Jadroplov boxes clever
Croatian containership and bulker operator boosts earnings in 2004 ahead of sell-off.
- Sabine chief sent to jail
US shipowner Rick Stickle gets 33 months inside as court imposes hefty pollution sentence.
- Suez Canal cash dips
Egyptian waterway’s revenues fell in February, with fewer transits recorded.
- Anchors away?
Tidewater’s sale of six anchor-handlers to Norway’s Deep Sea runs into trouble.
- Shih Wei shines again
Taiwanese bulker owner puts on more profits in 2004.
- Imarex share soars
Investors judge that Oslo's electronic freight market has a future.
- Fredriksen orders again
Tanker giant orders second drilling rig in Singapore amid talk of $100 "superspike" in oil prices.
- Aker Yards to reach out again
Norwegian shipbuilding group wants more yards in low-cost locations.
- Dardanelles crash claims three
Indian seafarers crushed to death after boxships MSC Roberta and bulker Aegean Wind collide.
- Singapore tracking single skins
All single-hulled tankers of 5,000-dwt and above must report their arrival 24 hours in advance.
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| APRIL 4, 2005 |
- Europe/South America carriers raise Panama surcharge
- Matson changes bunker charge method
- MarAd approves 4 vessels for flag transfer, 4 barges for scrapping
- Hamburg Sud switches New York terminals
- DOT grants China cargo rights to four carriers
- Air Tiger Express settles charges of abetting unlicensed U.S. exports
- Alaska Railroad Corp. posts record earnings
- Boeni named sole managing director at Intercontainer
- NACA Logistics renamed OTS Logistics
- EU, U.S., Chinese officials discuss detection of counterfeit products
- U.S. joins Canada and Mexico to harmonize BSE strategy
- USDA mandatory origin labeling for fish starts today
- FMT acquires Ceres general cargo operations in port of Cleveland
- Kalmar starts automation unit
- CORRECTION: Texas Sen. Cornyn tours Port of Houston
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| APRIL 4, 2005 |
- Russian oil transhipment at Kirkenes
Kirkenes Transit has received government approval to start transhipment of Russian oil from the Port of Kirkenes in Northern Norway ...
- Aker Yards needs more yards
Aker Yards will add more yards in low-cost countries, perhaps as many as two or three this year, according ...
- 75,000 applicants to 330 positions in A.P. Møller-Mærsk
A.P. Møller-Mærsk A/S is huge company, also on a World Wide basis. That attracts a lot of people ...
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