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15 December 2019 The on-line newspaper devoted to the world of transports 16:00 GMT+1




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The Business Timesweb site
MARCH 7, 2005
Shipping News
  • New initiative to boost Gibraltar as maritime centre
    THIS small UK overseas territory is set to launch a new initiative to attract investments with a strong emphasis on building up its position as a maritime hub located on the busy shipping 'crossroads' at the western entrance to the Mediterranean.
  • RCL takes delivery of its largest vessel
    THAI-listed container feeder operator, Regional Container Line , has taken delivery of its largest vessel to date as it expands capacity on the growing Australian trade lane.
  • Frontline denies fault in VLCC purchases
    JOHN Fredriksen-controlled tanker company Frontline has strongly denied wrongdoing after being fined 25 billion rupiah , and ordered to pay compensation of 120 billion rupiah by the Indonesian Commission for the Supervision of Business Competition for the way it bought two VLCCs from Indonesian state oil company Pertamina last year.
  • Crew evacuated from burning tanker

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Sched Netweb site
MARCH 7, 2005
  • HHI secures US$1.1b in newbuild orders from Mid East carriers
  • SITC undergoes major reorganisation
  • Pacific Brands awards global contract to Kuehne + Nagel
  • Evergreen, Cosco upgrade ESA service
  • EGL 2004 net income rises
  • Martinair Cargo strengthens N China services
  • Air transportation not balanced regionally in China, report says
  • AirBridge Cargo launches Frankfurt to Russia flights

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Exim Indiaweb site
MARCH 7, 2005
  • GAC India extends direct consolidation service to UK, Barcelona & USEC
  • IPBCC to hike rate on westbound GP & reefer containers
  • GE Shipping bags 1-year contract to ship crude oil for Mangalore refinery
  • More nations adopting tonnage tax system
  • Budget keeps shipping industry docked'SKS (Ship) chief
  • Auto components exports fetch $ 1.4 billion
  • Export orders flood SME units
  • Handicrafts exposition generates orders worth Rs 1,500 cr.
  • EEPC to hold Indiatech expo in Jakarta from March 9
  • India keen to increase trade ties with Africa'Minister
  • 3-day Trade and Investment Forum to begin on March 9
  • KPT Chairman lays foundation stone for 2 storage sheds
  • CCFS poised for expansion
  • Work on first phase of Nagpur airport cargo hub to be completed in 2008: Official
  • Kutch Rail Co. set to attain financial closure
  • ICDs, CFSs now roped into service tax net'Fieo chief
  • SPV fund to get govt guarantee
  • Windfall for iron ore exporters coming
  • SPV for core sector projects to be operational in 4-5 months'FM
  • Branded jewellery, not hallmarked, to pay excise duty, says Ministryt
  • Korean trade team meets Andhra CM
  • NRIs welcome Budget proposals

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The Bunker Bulletinweb site
MARCH 4, 2005
  • LA task force backs 'historic' pollution control plan
    A Los Angeles task force has endorsed a comprehensive preliminary plan to curb air pollution in the port from sources including ships, trains and trucks.
  • Fuel oil and bunker markets bolster Vopak results
    Expansion of Vopak's fuel oil storage and transshipment capacity in Rotterdam and other bunker-related projects highlighted in annual report.
  • Shipping emission lawsuit could 'open the floodgates'
    A Los Angeles port official has warned that shipping lines could increasingly come in the firing line of emission lawsuits in California.
  • Rotterdam market holding firm toward the weekend
  • Glencore named in Titan storage deal
    Swiss-based trader Glencore reportedly in talks with Titan Petrochemicals Group Ltd. over storage facility.
  • Evergreen case could result in $40 million pollution fine
    Taiwanese container operator Evergreen Marine is expected to reach a settlement with the US Department of Justice in the next few weeks, which could result in the company paying a record fine for pollution offences in US waters.

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International Transport Journalweb site
MARCH 4, 2005
  • Hamburg Messe (Germany) boosts international business in 2005
  • Telematics European deployment plan started
  • Germany starts motorway privatisation
  • Famous Pacific Shipping builds for Brisbane expansion
  • Management buy-out at Perolo
  • Boeing selects Evergreen Aviation Technologies for conversions
  • GWSC, US Lines Ltd USL and Maruba Line conclude agreement
  • UIRR introduces twin-pole leadership

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Marine Logweb site
MARCH 5, 2005
  • Columbia Coastal adds Baltimore--Philadelphia link
  • Giuliani partners with SeaSecure on LNG project

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World Wide Shipperweb site
MARCH 4, 2005
  • Tacoma Port Commission Oks Fredrickson land sales
  • Panamal Canal conference presses idea of expansion
  • Port of Seattle taps seaport security boss
  • Port of Seattle sees operating income skyrocket
  • US rail freight numbers roll to positive week

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Lloyd's Listweb site
MARCH 7, 2005
  • Oresund collision inquiry to focus on VTS failure
    DANISH authorities are probing why a warning system installed on the Great Belt Bridge to monitor heavy shipping traffic failed to raise alarm before the multipurpose containership Karen Danielsen crashed into the 18km suspension link on Thursday evening.
  • Frontline and Goldman Sachs fined over VLCC sale
    PENALTIES totalling almost $25m are being levied against Frontline and US investment bank Goldman Sachs by Indonesia's anti-monopoly watchdog, the KPPU, in a case relating to an alleged conspiracy over the sale of two state-owned VLCC newbuildings.
  • Euronav in $477m VLCC deal
    TANKER specialist Euronav is buying four very large crude carriers from Metrostar in a deal worth $477.5m, writes Tony Gray.
  • Scepticism greets market reports of 44-ship Qatar LNG order
    Reports that South Korea's three leading shipyards have scooped orders for 44 liquefied natural gas carriers worth more than $10bn from Qatar are being treated with scepticism.
  • Costalas buys seven tankers for UK venture
    FORMER Osprey Maritime boss Peter Costalas has bought seven chemical tankers from Finaval of Italy for a new outfit based in London to take advantage of British tonnage tax, writes David Osler .
  • Riot at Iraq's Khor Al Zubair port forces out AP Moller-Maersk
    AP Møller-Maersk has withdrawn from Iraq's second-largest port after demonstrators rioted at the site, Bloomberg reports.
  • Samskip to double turnover with Geest North Sea swoop
    Icelandic shipping-to-logistics company Samskip expects to double its annual global turnover to '500m ($650m) through the acquisition of Dutch operator Geest North Sea Line.

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Fairplayweb site
MARCH 4, 2005
  • UK opens new forecasting centre
    AN OCEAN weather forecasting centre was opened in Exeter, UK, today bringing together a number of different marine organisations
  • Messina ferry operator on strike
    TRADE union members at RFI Bluvia, the maritime ferry division of Italian Railways, have called a day's strike on 8 March to protest at the government's neglect of the fleet
  • Euronav buys four VLCCs
    EURONAV will buy four VLCCs, including one newbuilding, from Greek-based Metrostar for a total of $477.5M
  • Finaval sells majority of fleet
    EUROCEANICA (UK) has acquired seven of the 11 chemical carriers of Italian ship owner Finaval for an undisclosed price
  • LA/LB considers air pollution cuts
  • Irish Ferries assesses crew options
  • Steel boom closes Santos box berth
  • Four new Green reefers
  • Chinese warn Australia on ore price
  • Japan still refuses US beef
  • Gijon awarded '250M loan
  • One killed as ship hits bridge
  • Hoverspeed ends Transmanche talks
  • Certificate ban a fake

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The Journal of Commerceweb site
MARCH 4, 2005
  • Ports, carriers see cultural shift
    Outside pressure has raised community concerns and environmental stewardship to the same level of awareness as business needs.
  • Increase for NewYork-New Jersey air cargo in 2004
  • Halifax port getting greener
  • Mexican court blocks U.S. apple deal
  • U.S. charge hits Exel profit
  • CCT barge links Phil., Baltimore
  • Martinair expands China service
  • Loss for railcar maker Trinity
  • Pilot error suspected in DHL crash

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Containerisation Internationalweb site
MARCH 4, 2005
  • 'Maut' toll proves a less than 100% solution, with unknown cheat-rate
    Revenues from Germany's 'Maut' toll rose 2.87% month-on-month, to '215million (US$281.95million) in February, despite the shorter month, but an unknown percentage of trucks are cheating.
  • Cosco Pacific invests in four more container terminals in China
    Cosco Pacific, the container terminal operating arm of Cosco Shipping Group, revealed today that they had signed letters of intent for four container terminal investment projects in China last year.
  • US Senate has beef with trade proposal
  • Santos overflow terminal to close
  • Malaysia shippers face fines in security regulation crackdown
  • Aid package to put Fret SNCF on track
  • Heung-A mulls purchase acquisition of foreign firms
  • Lloyd Triestino joins Evergreen and Coscon joint service
  • New Turkey Container Shuttle to start tomorrow
  • India duty-cut coincides with Railway terminal modernisation plans
  • CIMC net profits triples
  • Cosco Pacific remains big in boxes
  • Korean orders pushing into 2009 delivery

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TradeWindsweb site
MARCH 4, 2005
  • Full Circle
    Burke and Kennedy leave Great Circle management team, sell partial share in US government-backed maritime fund.
  • JP Morgan sour on two
    Analyst takes up coverage of NAT, Knightsbridge with bearish view.
  • NAT reaps $173m
    Suezmax specialist prices equity offering at strong $49.50 per share in support of two-tanker purchase.
  • Samskip to buy Geest line
    Icelandic shipping company plans share issue to help finance takeover of Rotterdam based shortsea operator.
  • Singapore waives dues
    Lion Republic moves to stamp out single-hull bunker barges by offering financial carrots.
  • Cargoship in distress
    Albanian vessel asks for help after losing power off Durres.
  • Thyssen fire claim fails
    Ruling avoids question of whether Greek ship was lost as a result of owner's action.
  • Sea Containers names new CFO
    Ferry operator ushers in first of new generation as O'Sullivan calls it a day.
  • EWATA reviews congestion
    Boxship lines cut surcharges at some African ports, but Lagos and others getting a lot more expensive.
  • Asset freeze for Limburg banker
    Kuwait moves against Muhsin al-Fadhli alleged to have financed bombing of Euronav VLCC.
  • Platou pioneer dies
    Founder of Oslo shipbroking business Hans Thomas Gram expires at 91.
  • Are Chinese banks missing out ?
    Owners may have missed out on opportunities due to underestimations by domestic banks.
  • Volgotanker execs escape arrest
    Russian court turns down appeal to arrest directors on fraud and laundering charges.
  • Racan denies Lenac favours
    Croatia's former premier tells commission that friendship with bankrupt yard's director did not influence guarantees.
  • Pelni bemoans fuel hike
    Operating costs another headache for Indonesian owner after diesel goes up by a third.
  • Finnish labour row in London
    Injunction sought by Viking Line against local union and ITF in row over crewing.
  • Orders mount at Mipo
    Liberian companies sign for two boxships at Korean yard, and Hyundai Heavy confirms IRISL and UASC deals.
  • Ship rams Danish bridge
    One missing and two injured after multi-purpose ship hits pillar of Denmark's Great Belt bridge.
  • China's newbuilding edge
    No labour unions, low cost and plentiful labour supply gives it edge over rivals, says shipbroker.
  • China crews set for major role
    China may be the answer to the current seafarer shortages, but a number of hurdles still remain.

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American Shipperweb site
MARCH 4, 2005
  • Samskip buys Geest North Sea Line
  • Zim takes space on Pacific Northwest service
  • Evergreen, COSCO add Chinese ports to Brazilian service
  • Safmarine joins Maersk's U.S. East Coast/Australia loop
  • CLARIFICATION: All WTSA carriers lowering bunker charge
  • EGL posts 113 percent increase in net income for 2004
  • United sees 13.6% cargo rise in February
  • American's cargo up 1.6% in February
  • AirBridge Cargo starts Frankfurt/Sakhalin Island flights
  • Some U.S. fleet managers pay drivers more in congested areas
  • American farmers appear willing to deal with WTO's cotton ruling
  • USDA approves trade help for La. shrimpers, not for seed potatoes
  • DHS duo lands in D.C. lobbying circuit
  • DHS officials: Ports to remain open under most post-attack plans
  • Rep. LoBiondo wants port security grant program maintained
  • COSCO Pacific terminals reach 23-million-TEU traffic
  • Port of Seattle's profits rise on higher volumes

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The Scandinavian Shipping Gazetteweb site
MARCH 4, 2005
  • One seafarer missing after Great Belt bridge collision
    On Thursday night, the container/general cargo vessel "Karen Danielsen" collided with the Great Belt bridge. One crew member is ...
  • Eight states submit new ship routeing measures in the Baltic Sea
    All coastal states, except Russia, has submitted a proposal to enhance maritime safety in the Baltic Sea. Also Russia has ...
  • Healthy profit for the Swedish Maritime Administration
    The Swedish Maritime Administration, SMA, reports a SEK 73.7 million (EUR 8.2 million) profit after tax. Of these, SEK 24.6 ...




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