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07 April 2020 The on-line newspaper devoted to the world of transports 06:08 GMT+2

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The Business Timesweb site
JULY 8, 2005
Shipping News
  • Raising of Malacca Straits risks upsets tanker owners
    THE world's largest oil tanker grouping will be meeting with London underwriters later this month to relay a 'sense of reality' after an advisory committee there designated the Malacca Straits as a war and terrorism risk.
Admiralty Casebook
  • Vessel reflagging an act of establishment
    THE International Transport Workers Federation suffered a major blow last month when an English court granted Finland's Viking Line a permanent injunction to prevent the London-based ITF from taking industrial action to prevent the re-flagging of a vessel.

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Sched Netweb site
JULY 8, 2005
  • Vancouver truck strike continues amid report of possible settlement
  • Mitsubishi launches Hatsu Sigma for Evergreen group
  • CMA CGM buys into new Belgium terminal
  • KTL opens warehouse in Thailand
  • Oakland's Port Commissioners elect new officers
  • ABP expects 3 per cent growth in operating profit
  • May airfreight slumps: IATA
  • Lufthansa Cargo to start new service to Nagoya
  • China Southern to double services on two routes
  • China Air in joint-venture talks with mainland carrier

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Exim Indiaweb site
JULY 8, 2005
  • MoS may offer private operators inducement to retain Port labour
  • IMB issues fraud warning to transport firms
  • Shipping companies urge DGS to review chartering guidelines
  • Nilja Shipping shifts to own premises in Chennai
  • Container trade growth projected to continue despite economic slowdown fears
  • India-Myanmar gas pipeline may bypass Bangladesh
  • Substandard goods supply by 2 Chinese firms upsets silk fabric importers
  • State govt to encourage multi-purpose terminals, jetties along Konkan coast
  • CWC attracts exporters to New Mangalore Port CFS with lower box charges
  • Gateway East India to set up CFS at Visakhapatnam Port to tap growing cargo volumes
  • Mumbai-Ahmedabad train services to resume tomorrow
  • CONCOR questions impact of proposed multi-train operators on handling capacity at JNP
  • Rubber imports total 21,819 tonnes in Q1
  • Apparel sector boom hinges on long-term fiscal policy, labour reforms, says CMAI official
  • Workshop on FBT at IMC tomorrow

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International Transport Journalweb site
JULY 7, 2005
  • Silja Line appoints new managing director
  • CMA CGM takes Antwerp gateway share
  • Etihad Crystal Cargo enhances road feeder services
  • Norfolk Southern announces Q2 meeting
  • Post Danmark preferred candidate to partner Belgian post

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Maritime Global Netweb site
JULY 7, 2005
  • Cold ironing "to cost US$2m per ship"
  • Videotel's Marpol Annex VI package
  • Dutch subsidy gets EC green light
  • Canada funds N American shortsea study
  • Intertanko to promote Poseidon Challenge at Singapore

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Marine Logweb site
JULY 7, 2005
  • ExxonMobil to acquire two BP tankers for Alaska service
  • Missing cotter pin blamed in Queen of Oak Bay grounding
  • LeTournea to supply rig kits for AMFELS jackups
  • Bourbon Offshore Norway orders X-bow PSV's
  • AMNAV to boost tug fleet

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World Wide Shipperweb site
JULY 7, 2005
  • Third quarter numbers down for Schnitzer Steel Industries
  • Plan in works for retention of Collins Building in Everett
  • Citizen board to discuss Portland Airport noise matters
  • DOT's transportation index posts gains during month of April
  • Hanjin adding 8,000 TEU ships to Pacific Express Service

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Lloyd's Listweb site
JULY 8, 2005
  • Terror as blasts rock the streets of London
    FOUR bombs exploded during London's morning rush yesterday, bringing carnage and chaos to the city centre as the transport system was closed down immediately after the attacks.
  • Frayed nerves send stocks plummeting in financial centres
    MARKETS took a beating yesterday in the wake of the bomb attacks with the FTSE 100 index down 150 points or nearly 3% at one stage, while Lloyd's of London said it was too early to assess the financial impact on the insurance market.
  • Attackers 'likely to be UK residents'
    IT APPEARS likely that most of the perpetrators in the attacks had been residing in the UK previous to any plans conceived for carrying out the attacks, and that external expertise was likely limited and restricted to providing bomb-making information, writes Simon Sole of Exclusive Analysis .
  • Insurers are let off the hook on City bomb blasts
    INSURERS are unlikely to pay a large bill for the London bomb attacks because the government-backed insurance pool is expected to pick up most of the damage cost, analysts said.

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Fairplayweb site
JULY 7, 2005
  • Blair determined after London blast
    IN a televised statement at noon today, UK prime minister Tony Blair spoke of the country's determination not to let the terrorist attacks in London this morning destroy "our values and way of life".
  • Carnival issues fuel warning
    CARNIVAL Corp has warned that increased fuel prices could further impact earnings for the remainder of the year
  • India relaxes LNG import rules
    INDIAN prime minister Manmohan Singh has ordered a change in LNG policy to allow the gas purchaser the choice of carrier
  • Drunken master pleads guilty
    THE Ukrainian master of the 1,394dwt general cargo vessel Hoo Tern has pleaded guilty to being over the alcohol limit
  • SCI and IOC to sign charter deal
    INDIAN Oil Corp is finalising a contract of affreightment with Shipping Corp of India for shipment of 9M tonnes crude oil from west Asia
  • Varun records strong 2Q
    VARUN Shipping, India's largest LPG shipping company, today posted net profit of Rs268M ($6M) for 2Q05, well ahead of the same quarter last year
  • Caribbean braces for Dennis
  • 300 passengers abandoned in Chennai
  • 200 rescued from blazing ferry
  • Nigeria targets energy deregulation
  • London paralysed by explosions
  • Single-hull phase out uncertainties
  • Coccia gains Confitarma vote
  • Bremerhaven plans huge new lock
  • 'Mob' lawsuit filed
  • STX Pan Ocean to expand box fleet

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The Journal of Commerceweb site
JULY 7, 2005
  • ILA hit with racketeering suit
    Federal prosecutors accuse the union of being a mob-controlled enterprise.
  • ILA dissidents want elections
  • UPS inks China hub deal
  • Securities commission scolds CP Ships
  • New services, bigger ships boost Seattle volumes
  • NVOs, allies ask FMC to amend contract rule
  • Exxon Mobil to upgrade single-hull tankers
  • Caribbean braces for Dennis
  • HACTL, Cathay unit to merge data systems
  • Contract drivers sue FedEx
  • Big Dig encounters another big problem

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Containerisation Internationalweb site
JULY 7, 2005
  • Canadian shippers alarmed over long Vancouver trucking dispute
    Canadian exporters and manufacturers today voiced serious concerns over the prolonged trucking dispute on Canada's west coast that could enter its third week from Monday.
  • Latest US BSE case beefs up ANZ meat exports
    Discovery of a new case of BSE in the US has re-opened opportunities for Australian and New Zealand beef-producers, but industry says its ability to satisfy demand may be limited.
  • 'Oil-dollars' pump up Russian container-volumes
  • Tuticorin sets date for second box-terminal bid meeting
  • Westport confident of meeting 2010 volume targets
  • China mulls oil pollution fund following Dalian collision
  • Surcharge rises rampant in ANZ trades
  • Busan New Port prepares first three berths for operations
  • Storms move north through US Gulf and Caribbean
  • CMA CGM confirms A to Z agenda: from Antwerp to Zeebrugge
  • New feeder service links Port Klang with SE Asian neighbours
  • Alabama sets mid-2007 date for new facility opening

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TradeWindsweb site
JULY 7, 2005
  • Shares bouncing back after attacks
    Oslo shipping shares fell after the brutal terrorist attacks on London but are recovering steadily.
  • Philippine ropax ablaze
    All passengers have been rescued from the burning Sulpicio Lines ferry Princess of the World.
  • Terror attacks hit shipping shares
    Bomb blasts on tube trains and buses in London send shockwaves through financial markets.
  • Daesung eyes Daewoo
    Korean industrial group fancies a piece of shipyard action.
  • Samskip acquires Seawheel
    Move consolidates Icelandic firm's position as leading regional intermodal shortsea operator.
  • Hudong, Mitsui team on engines
    New facility in Shanghai to turn out marine diesel engines by 2007.
  • Hyproc steps up training
    Algerian shipowner cooperates with Japanese agency on new training centre.
  • Another low rate for Diana
    But $200,000 one-time bonus set to soften blow on 22-day charter of panamax newbuilding.

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American Shipperweb site
JULY 7, 2005
  • Maersk Sealand adds fourth Asia/North Europe loop
  • Carriers raise Trinidad, Venezuela port congestion surcharges
  • Mitsubishi launches new Hatsu 7,024 TEU ship
  • South African Airways posts $142 million net profit
  • Leasing company orders 747 freighters
  • BA, American's cargo volumes drop in June
  • Lufthansa, Japan Airlines to start Frankfurt/Nagoya freighter service
  • Menzies Aviation appoints Macmillan director, Americas
  • H.C. Bennett chooses IES software
  • Cape Verde to receive $110 million in U.S. cash aid
  • Trade Tech acquires Textainer Services Division
  • Exel appoints two North American business development directors
  • Tucker Co. names DePaul VP business development
  • Strike feared if U.S. takes over ILA
  • SIPG confirms takeover of Wuhan Port

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The Scandinavian Shipping Gazetteweb site
JULY 7, 2005
  • Consafe Offshore acquires "Safe Concordia"
    Consafe Offshore through its wholly owned subsidiary Safe Concordia Ltd has entered into an agreement with Keppel Offshore & Marine Limited ...
  • Scandlines split from joint route with DFDS
    Scandlines is going to split from the joint route with Lisco Baltic Service in the DFDS Group. Scandlines has decided ...
  • Fredriksen raises share in Golar
    John Fredriksen has bought another 1.5 million shares in Golar LNG, sending NOK 128 million through his company World Shipholding ...

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The Bunker Bulletinweb site
JULY 7, 2005
  • Terror attacks and Dennis behind sluggish US markets
    Terrorist attacks in London and Hurricane Dennis responsible for subdued market as enquiries on USEC and USGC digest news and watch crude, suppliers report.
  • Hurricane Dennis hits Jamaica, heads for US Gulf
    Local bunker supplier closed and disruption expected in the Gulf over the weekend.
  • DOE & API at a glance: This week's US inventory figures
  • Chimbusco: Hong Kong venture first sign of global expansion
    Officials at China Marine Bunker Supply Co. (Chimbusco) have said that the company's purchase of a majority stake in Hong Kong bunker supplier Pan Nation, is part of its plan to gain a global presence in the marine fuels market.
  • Royal Vopak secures '500 million revolving credit facility
    Tank terminal operator, Koninklijke Vopak NV (Royal Vopak) announced today that the company has signed a new five-year '500 million revolving credit facility.
  • Videotel launches Marpol Annex VI training package
    Maritime training provider, Videotel Marine International has produced a training package to help ship operators, officers and crew understand the complexities of MARPOL Annex VI.
  • Rotterdam surges despite crude plunge
  • Oil volatile, bunker suppliers wary as blasts rip through London
    Following several explosions in London, crude dips before recovering in New York later in day; some bunker players not quoting due to the volatility of the market.
  • Feasibility study underway for new Singapore storage facility
    Bunker supplier and cargo market player reportedly conducting feasibility study for onshore storage facility in Singapore.
  • Singapore: Fuel stocks hit 12 million barrels
    Singapore's weekly residual fuel stocks increased more than one million barrels, while bunker fuel prices have surged since one week ago.
  • Sri Lanka de-listed from Hull War Risk
    Sri Lanka's high bunker prices still a deterrent against strong bunkering activity, even after the country is de-listed from the Lloyds Market Association's Hull War Risks.
  • Malaysian shipowner pays oil spill settlement
    A Malaysian shipowner settled a payment of $250,000 to Taiwan-based Keelung Fishermen Association for spilling heavy fuel near Keelung port.
  • Petrojam and PDVSA MoU agreed, more deals on the table
    Venezuelan refiner looking to enhance regional refining and also orders new tankers.

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