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| FEBRUARY 7, 2005 |
Shipping News
- Shippers say proposed EU law flouts IMO convention
THE International Chamber of Shipping has warned that a proposed European Union law, making accidental pollution of the sea a criminal offence, would contravene the provisions of the main International Maritime Organisation convention on pollution.
- Fatal attacks by pirates surge in '04: watchdog
THE number of seafarers killed by pirates surged last year, even though the overall incidence of armed robbery on the high seas fell, an international watchdog said in its annual report released today.
- Indonesia to merge state firms to boost efficiency
IN a bid to improve efficiency and attract foreign investors, the Indonesian government plans to merge a number of state-run firms including port operators PT Pelindo I through IV.
- Oil tankers collide near Port Said
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- Hanjin Shipping 2004 profit doubles
- Yang Ming christens new 1,500 TEU vessel
- DHL and Aussie customs tighten border control
- P&O Nedlloyd to use Equant software for communication infrastructure
- Exel awarded new contract by Caltex in Thailand
- China Shipping to serve Indonesia-Europe route
- Famous Pacific Shipping raises bucks for Tsunami victims
- A380 freighter ideal for China, says Airbus executive
- CR Airways launches inaugural service to China
- Taiyuan Airport opens to foreign planes
- Alaska Airlines takes delivery of 737-800
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| FEBRUARY 7, 2005 |
- PLL plans to acquire 23 pc stake in LNG shipping venture
- Gati Coast to Coast launches direct service to Yangon
- Florens keen to expand its Indian base
- Rogue waves drive thought on ship design overhaul
- S-E Asian nations prefer Indian soyameal to Argentine product
- PM may lay foundation stone of ICTT near cochin Port this month
- Fresh tender to be floated for development of Azhikkal port project
- Cargo-related charges for coastal vessels now 40 pc less—KoPT Chairman
- GTI achieves financial closure, hands over documents to JNPT
- JNP-Tughlakabad
- Baalu for better coordination between transport modes
- Efforts under way to encourage private investment in highway development, says Baalu
- WR exceeds target by hauling 21.07 m tonnes during April-Dec.
- USITC seeks views of seafood sector to rescind dumping duty
- New airports: CII wants feasibility studies first
- Carotenoid norms for import of crude palm oil revised
- Spices exporters’ body seeks restoration of advance licence scheme for pepper imports
- Rs 900 per tonne subsidy for grain exports likely
- PM holds talks on rail Budget
- Norms revised for selection of members to CBDT
- CBEC initiates work on single data centre
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| FEBRUARY 4, 2005 |
- Venezuela mulls refinery sales to reduce links to US
Venezuela has signalled that it wants to reduce its dependency on oil sales to the US and possibly sell refinery assets in the US and Europe.
- Second Yanbu cargo confirmed to be low in sodium
Singapore's bunker market still struggling with after-effect of previous Yanbu cargoes as fresh material finds its way to the Republic.
- Talks progressing for Shanghai bunkering joint venture
Titan Petrochemicals in preliminary talks to raise cash for large-scale bunkering joint venture near Shanghai, although deal is not yet sealed.
- ARA market steady at midday
- OceanConnect and Starsupply expand derivative broking alliance
OceanConnect and Starsupply have expanded their New York derivative broking alliance to Singapore.
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| FEBRUARY 4, 2005 |
- OSG tanker master murdered
- London’s volumes grow
- Pacific Basin bulker aground off Hawaii
- EC says "dredging sludge is different"
- Liberia and Marshall Islands approve Videotel's course
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| FEBRUARY 4, 2005 |
- CATS, Rochester settle dispute
- OSG's Cowen steps down
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| FEBRUARY 4, 2005 |
- Port of Tacoma nets grant to 'green up' straddle carriers
- Storms continue to hit US rail freight traffic
- Berkowitz announces plan to run for Seattle Port Commission post
- Agreement has cruise ships keeping Puget Sound waters clean
- Corps of Engineers to close Chittenden Locks for repairs
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| FEBRUARY 7, 2005 |
- Evergreen Marine triples net profit
EVERGREEN Marine Corp's 2004 results lend credence to the feeling it has turned an important corner on the road to sustained good profits.
- Bidders jostle to snap up Navios in deal worth $500m
Navios, a leading player in dry bulk shipping and logistics, could be about to change hands in a deal worth about $500m, according to industry sources.
- Lloyd’s Register fights to clear name over Iraqi claims
LLOYD’S Register has issued a point-by-point rebuttal of every single charge levelled at it by a committee investigating the United Nations Iraq oil-for-food programme, in a determined effort to clear its name.
- IACS alarmed over Barrot threat
CLASS societies have reacted with alarm to a threat by EU transport commissioner Jacques Barrot (above) to "withdraw recognition" from more than one classification society.
- PSA makes fifth bid for NWS
SINGAPORE’S PSA Corp has re-emerged in the ongoing Hong Kong port sale saga, desperate to take a stake in the container capital of the world.
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| FEBRUARY 4, 2005 |
- Capacity crunch hits Dar es Salaam
HUTCHISON Port Holdings wants to expand box handling capacity at Dar es Salaam, Tanzania, but there is little incentive to invest unless a concession can be secured
- Managers take PZM golden stake
REPORTS from Poland this week suggest that eleven senior managers at Polska Zegluga Morska have gained control of the company through a golden share
- Rescue vessel runs aground
THE Russian Caspian port of Makhachkala has dispatched a new rescue vessel to try to refloat the stranded Saatli, after a rescue vessel from Baku ran aground itself
- Rio Grande wins Toyota imports
TOYOTA do Brasil has switched its car import port in Brazil from Vitoria to the port of Rio Grande as operations at a new vehicle distribution centre in Porto Alegre have begun
- Bulker grounds off Hawaii
- US West Coast windfall
- Prince Rupert's box funding concern
- Port MacKenzie opens for business
- Indian coal stocks at danger levels
- Master stabbed to death on tanker
- New Islamic fund buys first vessel
- Golar links with Essar on gas
- Malta Shipyard suspends action
- Japan's P&I deadline looms
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| FEBRUARY 4, 2005 |
- Verdery leaving DHS
Planning and policy official latest to depart agency; calls for more aggressive protection for cargo.
- New bill provides $4B for port security grants
- New capacity won't kill box rally: UBS
- Evergreen triples earnings
- U.S. plans China currency talks at G-7
- Grants to help cut Tacoma emissions
- Hyundai orders 9,000-TEU ships
- China port pushes regional plan
- Atlanta sets record, adds Cathay flights
- Cargo bright spot amid BA loss
- Hong Kong ramps up Japan flights
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| FEBRUARY 4, 2005 |
- Indian textile shippers fear Chinese competition
Indian garment exporters are complaining that shipments meant for the European and US markets are being delayed through a shortage of vessel space.
- Shareholders debate VICS future this week
The future of Russia’s Far Eastern terminal, Vostochny International Container Services (VICS), is being discussed this week by shareholders in Moscow, after ownership changes last year.
- Failure of green package won’t delay Maasvlakte says Peijs
- US Customs drops C-TPAT requirement for ACE users
- Rail offers a winning formula for FESCO and Hyundai
- Zeeland loses patience with Rotterdam over joint venture
- Derailment hits Australian east/west rail
- Storms disrupt Bass Strait services
- Evergreen Marine Corp profits up three fold
- MOL plans to double Indian volumes in 2005
- New services to reverse Auckland slump
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| FEBRUARY 4, 2005 |
- Genmar ship 'hit' off Egypt
Suezmax Genmar Kestrel has spilled at least 6,000 barrels of crude off Egypt after collision with BLT tanker.
- Blasco bemoans cut-price sale
Ukraine’s Black Sea Shipping says its property sold by state for less than market value.
- Navios for sale?
Company hires investment bank Lazard, as rumours swirl majority stake up for grabs.
- Come to Papa!
Economou is cashed up to buy more ships as his share of DryShips falls to 50% or less.
- Belize fights back
Damaging UK detention list ranking prompts Angelo Mouzouropoulos to defend his improving registry.
- P&A fined for falsification
Greek owner to pay $500,000 after faking oil record book entries on bulker in US.
- Gati goes to Yangon
Indian feedership operator launches direct weekly service to Myanmar.
- Heavy loss for IHI
Japanese yard continues to be hit by higher steel prices as nine-month result goes into the red.
- Pacific picks up $68m
Kuok-controlled operation books healthy profit on sale of bulkers, with Excel Maritime tipped as buyer.
- Cape Flattery remains aground
Plans being drawn up to offload fuel from Pacific Basin handysize bulker stranded off Hawaiian island.
- Wartsila powers ahead
Shipbuilding boom boosts marine engine orders by 34% to record high.
- Mipo in the money
Korean yard sees profit more than treble in 2004 as sales rise.
- Double for Dutch yard
Norways Brodrene Klovning gives $36m chemical carrier boost to Volharding.
- Top gets Priceless
Evangelos Pistiolis’ US listed tanker company confirms delivery of first Essar Shipping suezmax.
- Mitsui cuts profit forecast
Japan's third largest yard reduces annual target by a sixth.
- OSG aframax master slain
Crewmember goes missing after assault on skipper of Overseas Josefa Camejo proves fatal.
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| FEBRUARY 4, 2005 |
- Coast Guard, CBP facilitate 96-hour advance report notice
- Report: Asia-to-U.S. traffic soared 20% in November
- Evergreen's 4th-quarter earnings rise 59%
- Johnson to coordinate U.S. Coast Guard’s international activities
- OSG Group’s Cowen retires
- U.S. air cargo ended 2004 with busy December
- British Airways third-quarter net profit down 40.2%
- Continental Airlines joins CPS cargo portal
- United appoints Cary senior VP of marketing
- Norfolk Southern, Motiva open N.J. rail terminal
- UP promotes Naro to VP Mexico operations
- RSPA deputy Bonasso departs
- New USDA chief's goal to eliminate "non-science" based trade barriers
- New TSN committee to help CBP advance data initiative
- ITC: Dumping not found in Japanese outboard engine import case
- Menlo Worldwide forms automotive logistics unit
- NIT League creates security panel
- FKI Logistex opens Mexico City office
- OfficeMax picks supply chain VP
- Bush elevates advisor on international economics
- CBP assisted Iraqi election process
- Port of Tacoma receives environmental grant
- N.C. port authority appoints Gattis government relations manager
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| FEBRUARY 4, 2005 |
- Sweden abolish fairway dues for storm damaged timber
The Swedish government and its support parties has reached an agreement on measures to take care of the storm-felled ...
- Scandlines deny ro-ro order
Danish-German Scandlines denies the reports out in the middle of December last year, saying that the company has ordered ...
- Class conference speakers at Nor-Shipping
Nor-Shipping 2005, scheduled for 7-10 June. has secured many class speakers at the exhibition’s Opening Conference, which is ...
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