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11 July 2020 The on-line newspaper devoted to the world of transports 07:43 GMT+2

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The Business Timesweb site
DECEMBER 7, 2005
Shipping News
  • Asian officers taking larger share of global fleet: report
    ASIAN officers are gradually taking over from their OECD country counterparts in the manning of the world's merchant fleet but they are still retiring at much earlier age than OECD officers, according to a new study.
  • Block exemption just in time?
    IN comedy, as in container shipping, timing is everything. And if it had wanted to bring wry smiles to the faces of liner shipping executives around the world, announcing a block exemption from antitrust law for liner shipping just days before the European Commission is set to scrap a similar European Union law, the Competition Commission of Singapore's timing couldn't have been better.
  • US may donate ships for Indon security patrols
    THE US may donate ships and rubber boats to Indonesia for security patrols in the Malacca Strait, Defence Minister Juwono Sudarsono said yesterday.

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Sched Netweb site
DECEMBER 7, 2005
  • MISC, MOL, NYK, OOCL, PIL to start SE Asia-NZ service
  • BAX Guangzhou to start customs clearance service
  • GCT offers barge service linking Guangzhou, Shenzhen port areas
  • Vancouver granted US$2.3m to improve freight access to port
  • Port of Tacoma appoints new director of Contracts & Purchasing
  • US GDP increases 4.3 per cent in Q3
  • Hanjin vessel makes maiden call at namesake port
  • HKSG celebrates 10th anniversary in Lion City
  • MCL opens Shanghai rep office
  • DHL bumps up HK-US offerings
  • US Airways orders 20 A350s
  • Qantas to increase services to New York

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Maritime Global Netweb site
DECEMBER 6, 2005
  • Singapore set to grant block exemption to liner shipping
  • Lube oil supply "to stay tight"
  • ITIC's epic Taiwan court saga ends
  • UK detains tanker with hull crack
  • MMA in sacking row

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Marine Logweb site
DECEMBER 6, 2005
  • Governor fights to save Electric Boat jobs
  • U.K. detains Aries Aframax
  • ABB books $140 million in marine orders

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Lloyd's Listweb site
DECEMBER 7, 2005
  • Courage of crew highlights timber perils of heavy weather
    A SERIES of incidents involving the shifting of timber deck cargoes in heavy weather has persuaded UK accident investigators that it may be necessary to impose weather restrictions on ships carrying large quantities of packaged timber on deck, writes Michael Grey.
  • TNT will sell logistics arm to fund €1bn share buyback
    DUTCH group TNT has announced a strategic refocus which includes selling its logistics division ' representing €3.4bn ($3.97bn) in revenues - and a € 1bn share repurchase plan.
  • P&O takes lead in Vietnam container terminal project
    P&O, the UK ports and ferries operator whose shares rose again yesterday on prospects of a potential bid battle between two overseas state-controlled groups, is leading a new project to develop a 1.5m teu container terminal in Vietnam.
  • Bid rumours boost Forth
    SHARES in Forth Ports touched a new high as the group was tipped to become the latest UK ports operator to receive takeover attention, writes Tony Gray .
  • Aries tanker held over cracked hull
    AN ARIES Maritime-owned product tanker has been detained in Bristol after the discovery of hull and deck cracking and a number of other serious deficiencies.

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Fairplayweb site
DECEMBER 6, 2005
  • Frontline withdraws GenMar bid
    FRONTLINE is reported to have withdrawn its $39/share cash offer for General Maritime after the GenMar board rejected the bid as too cheap
  • LNG glut looms in 2006-2008
    THERE will be a 10-12% overcapacity in LNG carriers from 2006-2008 leading to a slump for shipping companies, according to a new report
  • And now ResideUndersea
    THE increasingly popular 'residence at sea' sector has its fourth entrant, Cala Corp, which has started selling shipboard condominiums both above and below sea level
  • New Year adjustment for AIS
    AN extra second will be added to the world's timekeeping at the end of this year, and this "leap second" will affect all AIS systems, warns an AIS manufacturer
  • STX targets India-China trade
  • Q-Ship appoints Kothari as CEO
  • Pan Ocean opens London affiliate
  • Embassy closure hits crew visas
  • Indonesia shuffles shipping reformer
  • Liners link up for NZ service

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The Journal of Commerceweb site
DECEMBER 6, 2005
  • Evergreen unit mega-ship calls LA
    As line continues to expand capacity, its Hatsu Marine unit calls at Southern California gateway with largest-ever vessel, 7,024-TEU Hatsu Sigma.
  • TNT to sell logistics unit
  • Lines to start SE Asia-NZ service
  • Storms hamper Great Lakes shipping
  • U.S. lauds WTO drug pact
  • UTi Q3 earnings rise
  • S. Carolina opens Trade Park
  • ABX buys 11 Delta jets
  • P&O signs for Vietnam terminal

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Containerisation Internationalweb site
DECEMBER 6, 2005
  • UPDATED: Expanding into Vietnam, P&O says 'business as usual'
    The attractiveness of P&O for suitors DP World and Temasek has received a fillip with P&O Ports' announcement of a JV to develop a greenfield container terminal in Vietnam.
  • Liner industry to be exempted from Singapore Competition Act
  • Indian labour and shipping trade raise concerns over DPW P&O buyout
  • Valparaiso's TPS expects growth, even if PONL defects
  • SITC launches string of China/Japan services
  • Carriers join forces against Maersk's NZ assault
  • Details of cross-boundary bridge to be finalised
  • Tasmanian rail freight fate still hangs in the balance
  • Russian Customs takes campaigns into new industry sectors
  • HMM aims to carry 2.26m TEU in 2006
  • TNT strategy explosion frees core businesses to generate cash

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TradeWindsweb site
DECEMBER 6, 2005
  • GMR goes quiet
    Shares stagnant on low volume as Frontline aquisition efforts hit lull.
  • Three-ship pile-up
    A Norwegian owner took delivery of a secondhand ship only to lose it at the Elbe entrance to the Kiel Canal.
  • Shares for Christmas
    Tanker giant Teekay has board permission to buy back $180m more in company stock.
  • Commodore Jensen
    Clipper Group's Torben Jensen honoured as 2006 Connecticut Maritime Association Commodore for career spanning more than 45 years.
  • P&O berths in Vietnam
    UK ports group pushes ahead with $224m Ho Chi Minh City container terminal project despite pending takeover deal.
  • Aries tanker detained
    Troubled year gets worse for Greek operator as UK coastguard finds cracked hull and deck on products tanker.
  • Lorenzo signs management deal
    Magsaysay Lines to run seven feederships for Philippine owner from January.
  • Kambara pulls out
    Japanese bulker owner abandons loss-making liner service to Micronesian islands.
  • Temasek's options open
    Singapore government investment arm hasn't ruled out a counter bid for P&O after lifting stake to 4.1%.
  • Ports takeover fever continues?
    Report suggests Forth Ports is latest UK takeover target.
  • PD Ports confirms second suitor
    UK-listed Tees and Hartlepool port operator says it has received an approach from a second company.
  • STX eyes cruiseships
    Korean yard wants to break into passengership market after government nudge.
  • Irish Ferries still high and dry
    Irish Sea ships remain in port as initial talks with union over crewing crisis continue.
  • Quintet target Kiwi traffic
    MISC, MOL, NYK, OOCL and PIL team up to offer two-loop weekly service from Southeast Asia.

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American Shipperweb site
DECEMBER 6, 2005
  • Liner carriers start Southeast Asia/New Zealand service
  • First of Evergreen's "green" ships makes maiden call in Los Angeles
  • Vessel engineer pleads guilty to violating anti-pollution act
  • OSG names Grenier to head compliance operations
  • Hampton Roads Maritime Association elects officers
  • Japanese export organization says foreign investors enthused again
  • Calif. air regulators issue plan to cut pollution from goods movement
  • Eurinpro building warehouse in Czech Republic for BAX Global
  • Blue Point Capital purchases Rapid Freightways
  • NRF: U.S. ports experience no congestion during peak season
  • P&O, Tan Thuan to develop Ho Chi Minh City container terminal
  • L.A. mayor narrows list for port chief

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The Scandinavian Shipping Gazetteweb site
DECEMBER 6, 2005
  • Multi-million investment in "Stena Saga"
    Stena Line's "Stena Saga" will be taken out of traffic during 19 December'28 January for an extensive re-fitting ...
  • Large marine order intake for ABB
    ABB has won orders for Azipod and electrical systems worth USD 140 million during November. Six Azipod systems will be ...
  • Hull no. 200 named at Odense
    Odense Steel Shipyard have named its newbuilding no. 200, another container giant for the yard's owner A.P. Møller-Mærsk ...

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The Bunker Bulletinweb site
DECEMBER 6, 2005
  • Buyers stay away from Chinese bunkers
    Monopoly bunker market is failing to attract shipowners in China's booming ports.
  • Colombian supplier goes it alone
    C.I. Petrocomercial looking to boost standards after suspending joint venture with Chemoil.
  • No immediate plans for Asian SECAs
    Industry saying that stricter sulphur controls in Asia are unlikely, even as others call for further restrictions.
  • India: New guidelines issued to improve bunkering services
    India pushing to implement several IMO regulations by issuing mandatory guidelines for bunker suppliers.
  • Five new specs for marine fuel limits
    ISO has five new specifications for the marine fuels market over the next five years, expert says.
  • South Korea: Firm bunker prices sap demand
    South Korea's bunker prices climbing their way up the $300 mark since the start of December last Thursday.
  • Tokyo may tighten bunker fuel sulphur rules
    Tokyo government intending to impose stricter rules on the sulphur content of marine fuel in Tokyo Bay.
  • ARA players claim initial success for shorter credit terms
    Bunker suppliers who recently reduced credit terms to 21 days largely upbeat about its workability in the face of widespread skepticism.

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