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06 April 2020 The on-line newspaper devoted to the world of transports 10:02 GMT+2

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The Business Timesweb site
DECEMBER 6, 2005
Shipping News
  • S'pore, Malacca Straits digital tidal atlas expected in early '06
    THE first-ever digital tidal atlas for the Singapore and Malacca Straits is set for commercial release early next year and will offer the shipping industry detailed hydrodynamic information, promising both safety and efficiency gains.
  • DP World chairman says £ 3.3b offer for P&O is fair
    DP World chairman Sultan bin Sulayem said the company's 3.3 billion offer for the UK's Peninsular & Oriental Steam Navigation Co is a 'fair offer'.
  • KL mulls new security step for Malacca Strait
    MALAYSIA is considering asking its wider Asian neighbours, such as India, to provide photographs of ships before they enter the Malacca Strait to tighten security in the busy sea lane, the chief of armed forces said yesterday.
  • Shadow over treacherous Turkish straits
  • Tanker rates may drop a third week on excess supply

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Sched Netweb site
DECEMBER 6, 2005
  • "K" Line, MOL to launch Asia-S America service
  • US$1.85b PRD port infrastructure plan unveiled
  • Patrick still intends to buy FCL
  • Soonest starts new bonded warehousing trend in Dongguan
  • Ningbo logistics firms form alliance
  • IKEA opens Shanghai distribution centre
  • SNCF union against EU plan for more rail freight competition
  • Cosco earns most from logistics in China
  • Airbus may set up final assembly line in China
  • Qatar announces HK as new route
  • Boeing delivers 777 to Air France

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Exim Indiaweb site
DECEMBER 6, 2005
  • Hamburg Süd to replace RTW service with Trident from Feb. 2006
  • MacAndrews names Kuwaiti agent
  • UASC launches two new Asia-MidEast-Europe services
  • APM Terminals, CMA CGM invest in Alabama terminal
  • Ecu-Trans expands services to Finnish West Coast
  • "K" LINE to open new agencies in 6 European nations
  • Rickmers-Linie appoints new agent for UK & Ireland
  • New charges on shipments headed for Congo
  • TSA to hike bunker surcharge from Jan.
  • Temasek looking at acquiring 10 pc stake in P&O
  • Anti-dumping duty on organic chemical mooted
  • Rising prices prompt Rubber Board to hike export target
  • Alternative to DEPB scheme may be approved this week
  • EPCES lists 3 procedural issues of exporters for immediate redressal
  • Pakistan lifts ban on import of 'mild steel' from India
  • Pepper EOUs demand export subsidy
  • Remove anti-dumping duty on raw materials, urges rubber industry
  • Tile makers say Customs duty structure inclined to encourage Chinese imports
  • Duty-ree import of polished diamonds may be allowed
  • New coal unloading record set at Paradip Port
  • Baalu agrees to discuss retirement age, bonus issues with port workers
  • CoPT, Navy resolve issue of crane height
  • New facilities at ICD-Waluj raise hopes of easing port jams
  • Kandla Port smashes 2 more own single-day handling records
  • Transport Corporation sets course for 20 pc annual growth
  • CONCOR deploys BLL rakes at ICD-Sanathnagar to haul containers to Mumbai, Chennai
  • Forex reserves down by $ 993 million to $ 1,42,181 million
  • Exim Bank, Basix team up to promote farm exports
  • Excise duty on drugs may be pruned
  • Textile industry scouts overseas for used machinery

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International Transport Journalweb site
DECEMBER 6, 2005
  • Assologistica confirms Forti as president
  • MOL and "K" Line to launch joint container service
  • Emirates largest operator of longest-range commercial jetliner
  • More runs for Swiss'Austria shuttle
  • APL Logistics and Christian Salvesen announce joint venture
  • US cargo theft costs running into billions
  • Oceanwide provides access to AACI

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Marine Logweb site
DECEMBER 5, 2005
  • Guilty plea in box ship pollution case
  • OSG appoints VP of Compliance Operations
  • Navy plan is 313 ship fleet
  • San Diego to be home port of first LCS

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World Wide Shipperweb site
DECEMBER 5, 2005
  • Port of Vancouver, USA taps Columbia Gateway PPT
  • Portland Airport equipped with automated external defbrillators
  • Sea-Tac Airport saves grounds for recycled landscape compost
  • Port of Tacoma Promotes Nepple to contracts and purchasing boss
  • WSF extending night work at Bainbridge Island Terminal

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Lloyd's Listweb site
DECEMBER 6, 2005
  • Australian rivals in showdown to buy UK's PD Ports
    AUSTRALIAN investment firms are set to come to blows over PD Ports, the British company which has confirmed a second takeover approach.
  • Singapore raises P&O stake
    Singapore has lifted its stake in P&O to more than 4% but given no indication of whether it will mount a counter bid to the agreed offer from Dubai Ports World, writes Tony Gray .
  • Iron Chancellor oils his budget with North Sea profits
    NORTH Sea oil producers will be paying an extra 10% corporation tax next year to help bail out Britain's budget deficit.
  • Stricken bulker on the rocks at La Spezia
    THE 1976-built Margaret, a 2,600 gt, Georgia-flagged bulk carrier, foundered in heavy weather off the port of La Spezia last Friday, raising fears of a damaging spill in waters that have been the focus of a long battle between environmentalists and maritime interests, writes John McLaughlin.
  • French unions' fury at new register's minimum salary proposals
    FRENCH seafarers' unions have reacted furiously to their government's minimum salary proposals for non-French seafarers under the new French international register (RIF), writes Andrew Spurrier in Paris.

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Fairplayweb site
DECEMBER 5, 2005
  • Silversea confirms expansion plans
    SILVERSEA Cruises is currently in talks with European shipyards about a contract for a new luxury vessel to be ordered during the first half of 2006
  • Galbraith's seeks SeaCo buyers
    LONDON broker Galbraith's has been awarded the exclusive right to sell the Sea Containers vessels now surplus to requirement
  • Signs of hope for Irish Ferries
  • GenMar snubs Frontline bid
  • Skuld raises charges by 5%
  • MSC engineer guilty in oil log case
  • Panama aims for regional excellence
  • Tallink raises $199M in IPO
  • EC green light for Delmas takeover
  • Panama Maritime Group splits
  • Somali pirates release Thai ship, crew
  • HMM eyes chemicals, LPG

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The Journal of Commerceweb site
DECEMBER 5, 2005
  • Temasek eyes larger P&O stake
    Investment arm of the Singapore government and parent of PSA could block plans by Dubai Ports to buy global ports operator.
  • LA narrows port chief list
  • Private sector key to supply chain security progress
  • "K" Line, MOL offer LatAm service
  • Chinese port operator plans IPO
  • Interim CEO for Sea Containers
  • DHL adds HK-U.S. flights
  • First month for Kitty Hawk ground
  • Yellow backs earnings view

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Containerisation Internationalweb site
DECEMBER 5, 2005
  • UPDATED: Singapore sling: analysts say Temasek is throwing a bluff
    Temasek, the Singapore Government owned parent of NOL and PSA Corp, is keeping P&O shareholders and DP World guessing about its intentions over the acquisition of the company.
  • Rhenus challenges dominant DB for HHLA share
    Rhenus Logistics has reiterated its five-year-old interest in a HHLA stake, challenging the Deutsche Bahn bid with the claim it would be 'a sin' for DB to become more dominant.
  • CMA CGM-Delmas takeover cleared by EC
  • Valparaiso hit again by PONL changes
  • Inchon implements port user fee cut
  • PD Ports reveals second bidder
  • Vladivostok terminal ups its game over 20%
  • Khorfakkan berth on schedule to greet the New Year
  • Novorossiisk terminal to exceed 50,000 in first full year

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TradeWindsweb site
DECEMBER 5, 2005
  • Takeover bid lapses
    Share price of Genmar and Frontline fall as deadline for acceptance of $1.5bn cash offer passes
  • Genmar rejects Frontline
    Peter Georgiopoulos led tanker company brings in poison pill defences as it rebuffs $39 a share cash offer.
  • CSG backs port IPO
    China Shipping Group has paid $24m for a 5% stake in Xiamen International Port Co ahead of Xiamen's IPO.
  • Record profit for Wallem
    Hong Kong shipmanager and ship's agent lifted by fleet increase as Caledonia raises stake to 79%.
  • Recanati sales roll on
    Michael, Diane, Oudi and Yudith Yovel Recanati have all moved to cut their holdings in Overseas Shipholding Group.
  • Christmas cheer for Skaugen
    Norwegian chemical and gas carrier owner plans seasonal present to help shareholders beat the taxman.
  • Reefer renewals
    Ireland's Fyffes has green-lighted the renewal of four chartered ships that changed owners this year.
  • Another "magic pipe" victim
    Second engineer on MSC Elena facing five-year sentence and $250,000 fine over oily water separator fiddle.
  • MSC Cruises wants a million
    Boxship owner's growing cruise venture targets 1m passengers by 2009.
  • Rousse to raise cash
    Full orderbook prompts Bulgarian yard to issue new shares to help finance work.
  • Manning "crisis" numbered
    Updated labour survey says "only 10,000 officers short" and reveals how Philippines inflates its numbers.
  • Havila unit inks anchor-handler
    Company part-owned by Norwegian offshore player adds to Havyard Leirvik's orderbook.
  • MOL, K Line unveil New Andes
    Pull-out of P&O Nedlloyd prompts Japanese lines to beef up South America service.
  • Skuld goes for 5%
    Modest general increase declared as Oslo based P&I club reports continued recovery.
  • Crew safe after sinking
    But pollution feared off Italy as Georgian-flagged cargoship goes down.
  • Second bidder for PD?
    UK company that runs Teesport reportedly receives another takeover approach.
  • Hyundai bolsters orderbook
    Shipbuilder books new orders worth $8bn in year-to-date with boxships continuing to dominate.
  • OSG's Colmar adrift
    Rudderless MR tanker parts company with tow in heavy weather en route to Chinese repair yard.
  • Eagle gets Nordbright
    US-listed handymax player takes delivery of second of two supramax bulkers acquired from Norden.
  • Suez transits up 11%
    Monthly revenues surpass $300m level as over 1,600 ships use vital Middle Eastern waterway in October.

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American Shipperweb site
DECEMBER 5, 2005
  • TUI issues $1.5 billion worth of bonds
  • Tropical Shipping increases intermodal accessorial charges
  • MOL, "K" Line to link up on Asia-South America service
  • Wallenius Wilhelmsen to start South East Asia shuttle
  • A.P. Moller names "Gjertrud Maersk"
  • 9/11 commissioners point to security gap in air cargo
  • Airbus signs MOU with Chinese civil aviation industry body
  • American's cargo volumes down 1.5% in November
  • KCS, Norfolk Southern to start Meridian Speedway joint venture
  • C-TPAT program improvements are in the pipeline, CBP official say
  • DHS seeks plan to share threat info with trade
  • PSA parent company raises P&O stake, sparking rival bid trading frenzy
  • PD Ports confirms second takeover offer
  • Vessel calls up at Los Angeles-Long Beach despite lack of congestion

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The Scandinavian Shipping Gazetteweb site
DECEMBER 5, 2005
  • Fjord Line rights issue next year
    Fjord Line's planned rights issue may be postponed until early next year to allow time to get all necessary information ...
  • Seca rules could bar Russian products
    High sulphur Russian products will have to be sold outside the Baltics when the EU Baltic Sea Sulphur Emission Control ...
  • Continued officer shortage in the world
    There are 466,000 officers and 721,000 ratings (exluding catering staff) available to the world merchant fleet, according to the ISF ...

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The Bunker Bulletinweb site
DECEMBER 5, 2005
  • US bunkers firm as crude touches $60
    A quiet day on US markets with prices firming against rising crude.
  • Latin America unlikely to adopt lower emissions standards
    Analysts predicting it will take new restrictions in North America to force Latin America to look at seriously at low-sulphur fuel.
  • Chemoil predicts 'exponential growth' in Indian bunkers
    Chief executive urging traders to look to India for the next spurt in demand for marine fuel.
  • Exxon preparing to enter Houston bunker market
    Major bunker supplier ExxonMobil Marine Fuels (EMMF) will enter Houston's 3 million mt marine fuels market in the first quarter of 2006, Bunkerworld has learned.
  • Imarex sets trade record ahead of bunker derivatives launch
    New trade records announced on same day as the Oslo-based exchange is launching bunker fuel oil futures.
  • Marine lubricants supply crisis 'far from over'
    TOTAL Lubmarine says outlook for the marine lubricants market is still extremely uncertain, even as the worst crunch might be easing.
  • SECAs set to change Russian fuel oil flows
    Speakers at recent forum say introduction of SECAs means Russian HSFO exporters will have to find new markets.
  • TSA slammed for record bunker surcharge
    Record bunker surcharge coming into force after a drop in bunker prices brings new accusations of profiteering.
  • Rotterdam remains firm with continued loading delays
  • Storm casualty leaks bunkers off Italian coast
    Fuel has been leaking from the tanks of a sunken cargo vessel carrying some 14 tonnes of bunkers.

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