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06 April 2020 The on-line newspaper devoted to the world of transports 10:54 GMT+2

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The Business Timesweb site
DECEMBER 5, 2005
Shipping News
  • Marshall Islands registry takes tough stance
    WITH a growing international focus on preventing terrorists making use of the shipping industry, the Marshall Islands ship registry said that it would welcome global regulations governing the process of ship registration.
  • Int'l code to improve crew competence judged a failure
    AN effort to improve and maintain the standards of crew competence in the international commercial fleet, initiated eight years ago, has failed to meet its lofty objectives, said training executives at a recently held conference here.
  • Asia freight rates expected to fall on bird flu, ship supply
    FREIGHT rates in Asia are likely to drift lower towards the end of the year due to an ample supply of vessels and slower shipments of US crops to China, where feed demand has been hurt by the spread of bird flu, brokers said.
  • Oil tanker fire kills two in central China

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Sched Netweb site
DECEMBER 5, 2005
  • Nansha port on target to exceed one million TEU in 2005
  • Zim Logistics wins China contracts with large corporations
  • Fuzhou berths first 50,000-tonne ship
  • ANL changes China, HK agent
  • US forestry industry joins Tsunami reconstruction efforts in Aceh
  • KE cargo fills 76pc of available space in Oct
  • Singapore Airlines denies Qantas merger talks
  • Boeing delivers 777 to Air France
  • American cat flown home after sejourn in France

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Exim Indiaweb site
DECEMBER 5, 2005
  • STX Pan Ocean all set to enter Indian market
  • ICS & BIMCO to host int'l conference, workshop at Chennai on Dec. 9, 10
  • GAC strengthens Indian subcontinent network with new office in Bangalore
  • Deluge of newbuilds will 'dampen' container shipping industry, warns Fasa chief
  • State Finance Secy vows to look into exporters problems
  • Phenomenal growth in soyameal exports
  • Mundra Port bests own monthly record in cargo handling
  • Cochin Port's efforts to attract timber trade pay off
  • Dock workers to campaign against FOC ships from today
  • CONCOR resumes operations between ICD-Mandideep & JN Port
  • MPT invites bids for capital dredging
  • Economy clocks impressive 8 pc growth in Q2
  • EU official sees good scope for agri-food trade with India
  • Nokia's SEZ proposal cleared
  • Ficci puts across industry's views on 2006-07 Budget to govt
  • Study sees India Inc upbeat on near-term prospects

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International Transport Journalweb site
DECEMBER 2, 2005
  • British Airways to restructure management
  • New Hamburg Süd Trident service for Philadelphia
  • United boosts USA-Germany frequencies
  • Fraikin buys Transfleet rental division
  • Deutsche Bahn expecting to double profit
  • TNT selling majority of French TNT Logistics to Norbert Dentressangle
  • Marco Polo: EUR 30 million for freight
  • Gefco CargoConcept relaunches website
  • Intermodal Africa 2006 Namibia exhibition and conference

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Marine Logweb site
DECEMBER 2, 2005
  • Rowan to build two jack-ups
  • Worldwide ship officer shortage
  • SEC settles case with ex-Stelmar officials
  • Sea Containers appoints interim CEO
  • Manitowoc wins ATB contract
  • Shell time charters Golar LNG ships
  • Exmar and partners tabbed for Petronet LNG charter

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World Wide Shipperweb site
DECEMBER 2, 2005
  • TSA member carriers look to boost bunker charge
  • Northwind Marine delivers boat to Swinomish Police Department
  • Port of Portland schedules PDX land use meeting
  • Port of Tacoma taps Fendt as environmental program manager
  • US rail freight count comes in mixed again

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Lloyd's Listweb site
DECEMBER 5, 2005
  • Global officer shortage reaches 10,000 warns BIMCO/ISF study
    THE world fleet is short of 10,000 officers - 2% of requirements - according to the new edition of the most comprehensive study of the subject available.
  • P&O bid battle takes shape as Singapore's Temasek enters fray
    The prospect of a bid battle for P&O, the UK's most prestigious maritime brand, has increased following the disclosure that Singapore's government investment agency Temasek Holdings was buying shares.
  • Silversea pencils in date for European share offering
    LUXURY cruise operator Silversea is to make an initial public offering between June and September next year and is also negotiating with European yards for a newbuilding, chief executive Albert Peter said on Friday.
  • Golar LNG charters three Shell gas carriers
    Golar LNG has secured five-year time charters on three liquefied natural gas carriers from Shell, the John Fredriksen company has disclosed, writes Tony Gray.

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Fairplayweb site
DECEMBER 2, 2005
  • SEC: Stelmar guilty of violation
    FORMER Stelmar Shipping executives Peter Goodfellow and Stamatis Molaris awarded themselves improper loans, the US Securities & Exchange Commission has ruled
  • DNV expands 'human element' business
    IN a departure from the class industry's traditional focus, Det Norske Veritas is forging ahead with the creation of a dedicated 'human element' business
  • Ten thousand officers needed
    THE global shortage of qualified officers now stands at about 10,000, the fourth BIMCO/ISF manpower survey has found
  • Jones Act under fire yet again
  • Pemex employees fear cost savings
  • Golar fixes gas trio with Shell Tankers
  • IRI beefs up Asian management
  • Cruise veteran buys into SpeedFerries
  • Record fuel surcharge for TSA
  • Indonesia begins THC crackdown
  • Pelindo backs away from fee hike
  • 13 missing after collision

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The Journal of Commerceweb site
DECEMBER 2, 2005
  • Singapore's Temasek emerges as potential P&O suitor
    The investment group has raised its stake in P&O, sparking speculation that it may make a bid rivaling Dubai Ports'.
  • FedEx Ground increases 2006 rates
  • CN boosts capital spending
  • KCS, NS enter Gulf Coast venture
  • TSA unveils new air passenger measures
  • EU announces customs code to boost trade
  • MTL to build phase two of China terminal
  • EU ministers to review open-skies proposal
  • UASC launches new Asia-Mideast services
  • Britain, US focus on trade in G-7 meeting
  • Diana Shipping adds dry-bulk vessel

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Containerisation Internationalweb site
DECEMBER 2, 2005
  • Jakarta sets deadline for carriers to adopt new THC
    In the latest development in the Indonesia's terminal handling charges the Department of Transportation is to force the Indonesian Ports Authority to sanction carriers that fail to reduce their surcharges.
  • Patrick extends option on FCL
    Patrick Corporation has negotiated a 12-month renewal of its purchase option on second-tier rail-focused freight forwarder/transport operator FCL, returning to the Australian Competition and Consumer Commission to seek regulatory approval.
  • Xiamen International Port prepares for IPO
  • IKEA opens regional distribution centre in Shanghai
  • Patrick opens world's first AutoStrad terminal
  • Forecast report says Korean ports will see cargo growth
  • Turnaround times topple as cranial augmentation gives Tema a head start
  • CN Railway announces hefty 2006 investment programme
  • STX Pan Ocean takes slots on KSI
  • Fifth weekly service for Swiss-Austria box shuttle

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TradeWindsweb site
DECEMBER 2, 2005
  • Temasek moves on P&O
    Singapore government's investment company has bought 8.1 million more shares for 3.24% overall holding.
  • What's the deal for Golar?
    Three ships on time-charter for five years but what are the rates and how are the charters structured asks market?
  • Analyst shrugged
    Citigroup doubts Genmar merger, questions whether Fredriksen is again looking to make a quick buck on shares flip.
  • TUI raises cash for CP
    German tour group increases massive bond issue after investors snap up debt.
  • Ex-Stelmar bosses settle
    SEC says Peter Goodfellow and Stamatis Molaris knew they were violating US law in taking combined $294,000 in interest-free loans in 2003.
  • Tallink raises $195m
    Fast growing ferry operator sees IPO three times oversubscribed though issue has little overseas appeal.
  • Poor take-up for Gdynia
    Polish shipyard sells only 10% of bond issue and may extend offer period.
  • Fishermen missing after MISC collision
    Container feedership strikes fishing vessel in South Korea.
  • Golar unveils Shell deal
    Norwegian owner ties up two LNG newbuildings and a 2004-built vessel for five years.
  • Centrofin linked to aframax
    Greek owner continues to snap up double-hulled tonnage with German deal.
  • Vietnamese yard on the up
    Saigon Shipbuilding expecting 190% increase in 2005 revenues as it builds orderbook.
  • Pretty profit for Ganger Rolf
    Oslo-listed company books tidy gain on sale of stake in German agent.
  • Wallenius targets SE Asia
    Shipowner to launch express ro-ro shuttle service linking Thailand, Singapore and Indonesia.
  • TSA bumps up surcharge
    Transpacific lines look to claw back bunker costs from shippers.
  • Sherwood stands aside
    Sea Containers CFO named interim chief executive while James Sherwood recovers from surgery.
  • Debut profit for SSN
    Improved production helps Polish yard scrape into the black for the first time since it was reborn in 2002.
  • BC stymied by fuel costs
    Price of bunkers and downturn in tourism limiting profit growth at Canadian ferry group.
  • Manitowoc inks barge deal
    US shipbuilder signs newbuilding deal for second domestic double-hulled barge in as many weeks.

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American Shipperweb site
DECEMBER 2, 2005
  • TSA carriers to introduce record fuel surcharge
  • European Parliament vote frustrates ESC
  • EC OKs CMA CGM's Delmas takeover
  • AMPAC carriers to drop U.S., Canada calls
  • Seaboard Marine sponsoring Dominican trade mission
  • Continental Airlines' cargo down 0.9% in November
  • American to reduce fuel surcharge
  • FKI wins Shanghai airport contract
  • UP closes Salt Lake City intermodal gate as containers pile up
  • UP changes management roles
  • WCO names members to private sector consultative group
  • Customs administrators develop guidelines for WCO security regime
  • COAC proposes 'green lane' benefits
  • CBP takes steps to prevent entry of bird flu
  • OOCL Logistics to add electronic customs clearance in Europe
  • Tacoma names environmental program manager

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The Scandinavian Shipping Gazetteweb site
DECEMBER 2, 2005
  • Smyril and Fjord in close cooperation
    Bergen-based Fjord Line and Faroe Isles ferry operator Smyril Line has taken one important step closer to a North ...
  • Sweden's maritime safety chief to head the IMO Council
    The head of the Swedish maritime safety inspectorate, Johan Franson, has been elected as chairman of the Council of the ...
  • 24 hours connection to Herning tankers
    Herning Shipping improves ship-shore communications within the next year. The company has decided to install the VSAT communication system ...

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The Bunker Bulletinweb site
DECEMBER 2, 2005
  • WFS declares regular quarterly cash dividend
    WFS declares regular quarterly cash dividends after having reported spectacular Q3 earnings last month.
  • US bunker transportation firm orders new double-hulls
    Baltimore bunker transportation firm continues aggressive expansion of double-skinned fleet.
  • Supplier stays out of spot market despite refinery re-start
    Heavy replenishment needs in several ports besides Durban means Engen anticipates continued absence from South Africa's spot market.
  • Asia awaits fuel oil cargoes
    Arrivals eagerly awaited as Singapore fuel oil stocks plummet amid rampant bunker demand and expectations that Chinese buyers will soon be looking for big volumes.
  • Firm Friday in ARA range
  • Bunker fuel costs hit BC profits
    BC Ferries may increase bunker fuel surcharge within the next few days after profits took a dip due to rising fuel costs.
  • Aramco: No plans to extend swing supply role to oil products
    Saudi Aramco has said the company will maintain spare crude capacity, but has no plans to go the same route in the refining sector.
  • Titan calls off relocation to Johor
    Hong Kong-based Titan Petrochemicals has called off plans to relocate its Singapore operations to Malaysia's port of Tanjung Langsat in Johor.
  • $10 million commission dispute lands Aegean in lawsuit
    A Greek national claims he was instrumental in setting up Aegean's Jamaican bunkering operations, but was never paid.

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