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| JUNE 9, 2005 |
Shipping News
- Singapore Competition Act pits shippers against lines
THE next battle ground over competitive practices in the shipping industry won't be in Europe, the US or Australia, it will be fought here in Singapore as the Republic gears up for the implementation of its nascent competition law.
- Conditions for block exemption
WITH an eye on enhancing economic competitiveness by prohibiting practices that inhibit competition, Singapore's new Competition Act 2004 began its phased implementation from Jan 1 this year.
- Australia offers help to build LNG terminal in India
AUSTRALIA, which is in talks to sell five million metric tonns of liquefied natural gas to India, is willing to provide technical help in building a terminal for the fuel at a southern Indian port.
- Yang Ming issues profit warning
- Shenzhen's May volumes up 26%
- Pirates raid tanker at Iraq's Basra oil terminal
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| JUNE 9, 2005 |
- Chongqing erecting multi-purpose terminal
- APM buys half share in Brazilian facility
- MOL renews safety management certification
- US west coast ports look to hi-tech solutions to fight congestion
- New look Husky Terminal in Tacoma opens
- CPR completes first western expansion project
- Port of LA encourages truckers to ditch old vehicles
- Qantas to step up airport security
- Flying Dragon to operate in Nepal
- K+N link up with AFRA database
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| JUNE 9, 2005 |
- Shipping, ports exempted from service tax
- DGS launches construction of CSL’s first platform supply vessel
- Insa happy
- India, China, Russia to cement trade ties
- India, Pak to give top priority to cooperation in transnational gas pipeline projects
- The dragon is devouring Indian leather, much to exporters’ delight
- FTA favours Thailand, finds Ficci study
- JNPT not handling goods disallowed by pollution control authorities
- Japanese extend soft loan to meet 30 pc of dedicated rail freight corridor costs
- Well done! Assocham tells Lalu
- CII projects 7.2 pc GDP growth in 2005-06
- Availing of benefits from services exports made tougher
- Govt urged to fix tariff rate quota of 10 lakh tonnes for soyabean oil import
- 3rd edition of Maritime Practice in India released
- Meeting with Chinese team at IMC today
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| JUNE 9, 2005 |
- New head for Network Private Railways
- Land to be reclaimed for St Petersburg ferry and cruise port
- Swiss and SAA join Star Alliance
- Compagnie Européenne de Wagons taking over VTG
- Australian industry and governments to drive logistics reform
- US Government steps up border protection
- Citrix buying network enterprise NetScaler
- Russia and CIS Airfinance Conference opens this month
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| JUNE 8, 2005 |
- OSC paper undermines Brussels’ port plans
- DNV and RS in dual class deal
- BV chief defends role of class
- EU "can’t protect agents"
- Bill O’Neil warns on recruitment
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| JUNE 8, 2005 |
- New ABS Ice Class Guidance Notes
- Unitor inks record agreement with Hyundai
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| JUNE 9, 2005 |
- Putin backs merger of Sovcomflot with Novoship
SOVCOMFLOT and Novoship appear set to merge within the year, with Russian President Vladimir Putin now in support of such a move, shipping sources in the country believe.
- Bolloré puts $600m price tag on company’s liner business
Bolloré group chairman, Vincent Bolloré has confirmed he is ready to consider offers for the group’s liner shipping business but fixed the asking price at $600m, writes Andrew Spurrier in Paris .
- Maersk sea rescue ‘mad’ says paper
MAERSK Sealand has found itself under attack from a UK tabloid newspaper after rescuing 27 refugees adrift at sea south of Sicily, writes Janet Porter .
- Investors’ claims deal fresh blow to Volgotanker managers
RUSSIA’S largest river shipping company, Volgotanker, already fighting off a $26m tax bill with its top managers on the federal wanted list facing charges of fraud and money laundering, may now be hit by further claims from its shareholders.
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| JUNE 8, 2005 |
- Delmas 'could be for sale'
VINCENT Bolloré, the owner of French shipping line Delmas, yesterday confirmed that he could be interested in selling its shipping activities
- JNPT chemical cargo stand-off
JAWAHARLAL Nehru Port Trust in India is defying the authorities and has given permission for some chemicals to be handled at its liquid cargo jetty
- Long Beach keeps LNG talks alive
THE city council in Long Beach, California, voted 5-4 to continue talks with Mitsubishi Corp over a proposed $450M LNG terminal at the port
- Bottlenecks 'not Brasilia's fault'
BRAZIL'S transport minister says port and inland bottlenecks are not the fault of the administration of President Lula
- Think short-sea, urges agent
- India ends foreign service tax
- Queensland coal export boost
- Boxship delays hurting ports
- Houston bans single-hulls early
- Australia fines polluter
- Hamburg demands faster approval
- 2,000 n-mile zone opposed
- Migrant Watch: US/Caribbean
- Disputed shipment returned
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| JUNE 8, 2005 |
- PierPass plans single roll-out
In yet another change of plans, marine terminals at LA-Long Beach will roll out peak box fee program all at once beginning July 23.
- California bill seeks $30 box fee
- Freighter market to double: Boeing
- Charter rates off, orders stop
- Mexico lifts apple tariff
- Panama Canal upgrades tow tracks
- "K" Line opens Tacoma hub
- Hanjin to start C. Amer. feeder
- Trailer Bridge goes racing
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| JUNE 8, 2005 |
- Berlin and Beijing unite to develop China's railways
China’s railway has seen a breakthrough, with the Ministry of Railway (MoR) declaring its intention to draw foreign funds, while a co-operation agreement was signed with the German transport bureau.
- Massive ship deliveries will herald decline in charter rates say brokers
- Melbourne to implement empties charge
- French snatch VTG from under DB’s nose
- TT Club introduces a flexible, modular package for logistics
- Pyeongtaek to add three berths
- SAECS reduces capacity on intermediate service
- Vessel shortage leaves trans-Tasman service adrift
- Hutchison Korea Terminals upgrades yard cranes
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| JUNE 8, 2005 |
- Ecodock wins funding
Revolutionary green scrapyard raises money for Eemshaven facility, confirms ceo Doebren Mulder.
- Tordenskjold gang arrested
Tor Johan Stuve is still at large after Norwegian police charged him and arrested his banker and three others.
- BP says 'Raise the Bar!'
Oil major claims owners need to improve tonnage, as its own ships outperform industry.
- Lorenzo prepares to spend
Philippine boxship player predicts bigger profit as it earmarks cash for new equipment.
- Evergreen in IBF
Taiwanese giant joins pay talks but new Asian group has to drop Koreans.
- Minoan Lines narrows loss
Greek ferry owner boosted by higher passenger numbers in first quarter, but remained in the red.
- Hanjin goes south
Korean line will deploy two ships on new feeder service to Central America.
- Wan Hai scores well
Moody's awards higher than average rating on company's bond issue in recognition of great track record.
- Doeksen debuts Envoy
Dutch owner charters Finnlines ro-ro for new daily link to UK.
- Unitor signs biggest deal
Norwegian company to supply cargo tank insulation for 21 LPG ships at Hyundai Heavy.
- Cefor calls for end to class war
Tore Forsmo says spat over money could force disastrous schism in new tanker rules.
- Bulker in trouble off SA
Crew evacuate from Greek-owned Kiperousa after ship begins taking on water off East London.
- Kherson dips into red
Ukrainian shipbuilder and repairer grows revenues in 2004, but cannot avoid small loss.
- Samama hit with record fine
Australian authorities fine Monaco-based Ofer company AUD180,000 over Pacific Quest oil spill.
- Norway, Russia break the ice
DNV and Russian Maritime Register to offer dual class for Russian cold-climate ships.
- Profits jump at MOT
Mitsubishi Ore Transport has reported a 25% jump in full-year results, helped by ship disposals.
- Chong grabs more Vita stock
Links Island Holdings founder takes stake in Singapore shipowner and property group to over 8%.
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| JUNE 8, 2005 |
- European feeder operators face growing obstacles
- ISO moves towards adoption of 45-foot-long container standard
- Hanjin Shipping to start U.S. West Coast/Mexico/Guatemala feeder
- Canada, India liberalize bilateral air transport agreement
- Delta CEO urges Senate to pass pensions legislation
- Air Canada adds more freighter capacity to China
- Lufthansa Cargo shipments detained by Venezuelan officials
- Globe Air Cargo appoints Hawkett
- CNF promotes from within after management turnover
- FMC reviews 11 OTI applications, revokes 4 licenses
- WTO sides with U.S. in dispute with Mexico over rice imports
- CWB applauds NAFTA panel decision
- CBP withdraws proposed FTZ weekly entry procedure rulemaking
- British shippers, ports seek ways around port congestion
- "K" Line starts operations at larger Tacoma terminal
- Allen named interim Port Everglades director
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| JUNE 8, 2005 |
- EU support to Maritime Safety project in southern Baltic Sea
EU will provide half of the EUR four million budget for the maritime safety project Baltic MaSTER. Some 40 organisations ...
- Camillo Eitzen may order Norwegian chemcarriers
Camillo Eitzen may build a series of chemical tankers at a Norwegian yard, most likely Kleven Florø. Managing Director of ...
- Mærsk vessel saved 27 in the Mediterranean
The Danish container carrier "Clementine Mærsk" saved 27 persons from a small boat in the Mediterranean and took them to ...
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| JUNE 8, 2005 |
- DOE & API at a glance: This week's US inventory figures
- STS transfer operations suspended at Port Salalah anchorage
Ship-to-ship (STS) transfer operations have been suspended at Port Salalah anchorage for the duration of the monsoon season.
- IMO: Bunker sampling guidelines not mandatory
IMO representative confirms to Bunkerworld that the bunker sampling guidelines, set out for MARPOL Annex VI, are not mandatory.
- Asia: July fuel oil arrivals reach 2.6 million mt, more expected
July fuel oil arrivals into Asia reach 2.6 million metric tonnes, with traders expecting yet more fixtures as the arbitrage window remains open.
- Rotterdam stable after soft start
- Russian supplier targets increased volumes with expansion
Russian supplier targets significant sales growth with the acquisition of a new barge and further expansion into new port areas.
- Guilty plea secures corrupt manager more lenient sentence
Former general manager of Lungshan Petroleum, Michael Han was let off lightly compared to sentences handed out to managers of other firms found guilty of corruption.
- OPEC may increase output, oil prices fall
Crude oil prices slipped on Tuesday following comments made by the president of OPEC on suggesting an increase in oil output levels.
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