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| SEPTEMBER 8, 2005 |
Shipping News
- MPA to set up bunker quality panel
IN a bid to protect the $7 billion-a-year bunker business here, the Maritime & Port Authority of Singapore has announced it will work with the industry to form a testing advisory panel after a controversy erupted over conflicting lab test results.
- Sample retesting done at accredited lab, clarifies MPA
THE controversy over sulphur levels of some Singapore bunker supplies had its start in a DNV Petroleum Services bunker bulletin which the testing lab released in late June.
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| SEPTEMBER 8, 2005 |
- HK Customs notes surge in false origin labels
- New Orleans opens gradually to relief shipments, commercial vessels
- AADA to raise bunker surcharge on Asia-Australia trade
- Pan-Asia Railway to link China with Asean countries
- MOL appoints new regional director
- P&I Club names Singapore man
- China Southern, CASGC jointly order 10 additional A330s
- Hefei Airport sees rise in cargo, passenger throughput
- Certification provides strong tailwind for K + N in aviation sector
- SAS Cargo offers Copenhagen, Luxembourg service
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| SEPTEMBER 8, 2005 |
- Malacca Strait risk premiums will vary, says insurer
- Indo-Iran LNG JV to commence with 2 ships and go up to 8
- Foreign tankers temporarily allowed to move between American ports
- OOCL gains BS7799 accreditation for information security management
- CBEC to implement risk management system at 33 port Customs under EDI
- CIWTC’s Rajabagan Dockyard interests GRSE
- TPT takes the tender route
- Tea shipments routed via ICD-Amingaon increase marginally
- Govt asks NHAI to study & resolve problems of port connectivity projects
- New SEZ norms to provide better deal for gems & jewellery sector
- Go-ahead for 10 more SEZs
- SMERA will prove major boon for SMEs, assures Chidambaram
- Gloom on western region’s power front
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| SEPTEMBER 7, 2005 |
- New UIC world executive council president
- Port of New Orleans damaged but Still Workable operating
- Gulf Air and Saudi Arabian Airlines extend code share
- Russian Railways for trans-Saudi railroad
- GAC buys Benair
- Kuehne + Nagel criticises Deutsche Post's Exel takeover plans
- Florilli temperature-controlled carrier selects GeoLogic
- Fiata World Congress starts in 5 days
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| SEPTEMBER 7, 2005 |
- New Orleans – damaged but working
- Imarex tanker market passes 250m tonne mark
- LR in China classification deal
- Stolt-Nielsen settles Iran payments case
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| SEPTEMBER 7, 2005 |
- Rowan locates wreckage of missing rig
- Gulf yards pick up the pieces
- Qatar to have world's largest LNG fleet
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| SEPTEMBER 7, 2005 |
- Coast Guard to consider Columbia River LNG facility
- Port of Portland responds to call for hurricane aid
- Portland Airport noise team schedules public meeting
- Carnival lends vessels to FEMA for temporary hurricane housing
- Transportation index dips for first time in three months
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| SEPTEMBER 8, 2005 |
- Onassis heiress launches legal salvo in fight for foundation
Aristotle Onassis’ granddaughter, Athina Roussel, 20, has launched legal proceedings in Liechtenstein in the first concrete sign she may fight for the presidency of the billion-dollar Onassis Foundation.
- Malacca Strait stakeholders join forces on IMO safety scheme
KEY agreements to develop the Marine Electronic Highway will be signed today in Jakarta at a maritime security conference co-sponsored by the International Maritime Organization.
- Qatar Gas Transport confirms 90 LNG carrier order bonanza
Qatar Gas Transport Co has confirmed it may require a fleet of about 90 liquefied natural gas carriers over the next five years, writes Tony Gray.
- Core ports business helps ABP lift pre-tax profits by 8%
Shares in Associated British Ports powered ahead yesterday after the UK’s largest ports group’s half-year figures topped market expectations.
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| SEPTEMBER 7, 2005 |
- Battle for control of Novoship
A meeting of the directors of Russian tanker operator Novoship revealed yesterday that faction-fighting has broken out over who will control the company
- Gulf of Mexico: offshore production
DESPITE hurricane damage, reports indicate that most facilities could be ready to come back on line in days and weeks, rather than months
- Stolt settles Iran case
STOLT-Nielsen Transportation Group will pay a minimal penalty of $16,500 and has not been found guilty of violating US embargo laws for payment of port expenses in Iran
- Tanker reveals appalling conditions
A Liberian registered products carrier was detained in the UK last week for a catalogue of deficiencies including safety, hygiene and communications failings
- MOL appoints regional director
SUNDEEP Sibal, MD Mitsui OSK Line (India), has been appointed as regional director, Indian Subcontinent, East Africa, Indian Ocean islands and the Middle East
- New Orleans ready for first ships
THE port of New Orleans is preparing to welcome its first ships since Hurricane Katrina, while Mobile, Pascagoula and Pensacola have resumed some service
- Survivors spurn cruise ship plan
- Maersk Sealand drops New Orleans
- Nordcapital rides bull market
- Migrant Watch: US/Caribbean
- Adsteam completes non-core sales
- Russian maritime chief resigns
- ABP core ports steady in first half
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| SEPTEMBER 7, 2005 |
- Gulfport lines assessing damage
The port remains closed (satellite view, left) with no timeline to restart operations; some marine terminals "flattened" when Hurricane Katrina devastated the Mississippi city.
- Maersk closes New Orleans hub
- Crowley shifts Gulfport calls
- FEMA needs truckers to haul hurricane relief supplies
- Tenders for Rotterdam mega-hub
- Horizon files IPO registration
- Dominican Republic approves CAFTA
- PWC completes GeoLogistics buy
- Pacer declares dividend
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| SEPTEMBER 7, 2005 |
- Hong Kong may see return of textile factories
An analyst has forecast that some textile manufacturers may move their production back to higher-cost, quota-free Hong Kong from the production hub in the Pearl River Delta region.
- Charter market stays on holiday
Despite the start of September last Thursday, the charter market is still on summer holiday, according to brokers, who have continued to see little activity, except in the smaller sizes.
- EWATA keeping up pressure on S/B rates, as market pressures keep up
- Melbourne profits up and Heads down
- Tuticorin Port to develop Outer Harbour
- Ukraine major ports exceed 80% year-on-year growth
- Busan New Port introduces incentives to boost volumes
- Sibal promoted as regional director for emerging Asian markets
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| SEPTEMBER 7, 2005 |
- Horizon ready to push IPO
Boxship operator puts $16 target price on issue of 11.56m shares for $185m gross, but biggest shareholder wants big chunk for own account.
- UK holds infested tanker
Liberian-flagged vessel detained in London with cockroach problem and deck corrosion.
- PacBasin investors cash out
Private-equity players Dry Bulk Shipping and IDB take advantage of price surge to put stock on the market.
- Stolt finally settles Iran dispute
Negligible fine conceals high public relations cost of sanction-busting allegations.
- Nabi shifts to Russia
Ships in Russia's Pacific Ocean islands told to stay put as typhoon approaches.
- Staubo man admits embezzlement
Accountant pocketed cash booked as salary taken out by low-profile Norwegian owner.
- Courage eyes fleet growth
Taiwanese owner Hsu Chih-Chien’s new bulker venture looking to raise cash with Singapore IPO.
- HHI lines up bond sale
Korean shipbuilder to issue new notes to help pay for ones sold in 2002.
- TEN down to single single-hull
Greek owner’s sale of veteran Tamyra leaves fleet almost exclusively double-hulled.
- Green lifts Euro Terminal stake
Norwegian reefer owner takes holding in its main Polish port to 31%.
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| SEPTEMBER 7, 2005 |
- Lloyd's Register, China Classification Society sign joint venture
- Coast Guard will evaluate suitability of Columbia River for LNG vessels
- Maritime salvage conference postponed until 2006
- SAS Cargo to join Singapore Airlines Cargo's Copenhagen/Chicago service
- China Southern orders A330 aircraft
- Standard & Poor's downgrades Northwest's rating
- United's cargo volumes down 4.4% in August
- FedEx Freight, ABF Freight System limit fuel surcharges
- UP to automate intermodal gate in Utah
- Law firm defends ability of forwarders to obtain ITAR licenses
- Davies Turner offers direct services to Middle East, Persian Gulf
- Target Logistics Services opens warehouse in China
- EC discusses high oil price plans
- CBP plays role in Katrina recovery
- Economist: Rubber shortage may be another Katrina consequence
- Logicor acquires pfastship Worldwide Logistics
- Aranoff sworn in as ITC commissioner
- TNT Logistics teams with Optiant software
- Night gates begin today in Oakland
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| SEPTEMBER 7, 2005 |
- Silja wants continued negotiations on the "Opera"
Silja Line wants to continue the negotiations with the Swedish unions to create a new cruise vessel agreement for "Silja ...
- Silja’s ro-pax project still alive
The Letter of Intent to build two ro-pax vessels that was signed by Silja Line and Aker Finnyards in ...
- Maersk Sealand has halted calls to New Orleans
Maersk Sealand, to be Maersk Line, has suspended all its operations in the New Orleans area. That goes for the ...
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| SEPTEMBER 7, 2005 |
- US prices soften as Gulf starts to recover
Bunker prices in key US ports dipped today with crude continuing to slide and the Gulf starting to return to normal operations.
- Vancouver distillates surge to new record high
Marine diesel oil pushes over $800 in Vancouver as resupply problems close out the summer cruise season.
- US-based fuel testing agency opens new units in Asia, Europe
Security concerns behind decision to open a second laboratory in Singapore.
- Fresh bunker alert recommends not using fuel
High level of cat fines prompts strongly worded warning to shipowners.
- Hong Kong: Bunker prices soften amid keen offers
Hong Kong bunker prices softened today as some suppliers were eager to sell at low prices, while availability of 380 cst remained thin.
- Rotterdam market on the rise this morning
- Korea resumes bunkering as Nabi passes
South Korean bunkering operations have resumed after Typhoon Nabi swept passed the country's south-eastern peninsula last night.
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