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| JANUARY 10, 2005 |
Shipping News
- Oil majors help transport aid to tsunami victims
AN alliance of international oil majors has joined global tsunami relief efforts in Indonesia by tapping emergency oil spill response resources it keeps on standby in Singapore.
- Hapag-Lloyd orders 3 mega box ships
GERMAN liner company Hapag-Lloyd has joined the race for very large containerships with a new order for three 8,600 super post-panamax container ships from Hyundai Heavy Industries.
- China ports jammed as iron ore vessels arrive
PORTS in north and east China are jammed by ships carrying iron ore, with vessels waiting as long as two weeks before being allowed to berth, industry and port officials said.
- Industry united against Panama Canal fee hike
- Search for cruise ship passenger off Australian coast
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| JANUARY 10, 2005 |
- Carriers add capacity on Asian trades in 2004
- ProLogis to develop industrial park at Shanghai's newest port
- NYK establishes China car transportion business
- Exel acquires Power Packaging
- Horizon man named to National Maritime Security Advisory Committee
- Hactl sets annual tonnage record in 2004
- Dragonair extends handling contract with Menzies in UK
- Barnes to succeed Lacy in directing UPS Technology
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| JANUARY 10, 2005 |
- Shipping industry spared worst effects
- India signs pact with Iran to import 7.5 m tonnes of LNG
- Penanshin Shipping opens its branches in India
- IICL elects Tony Kwok as new Chairman
- US to slap dumping duty on 6 shrimp exporting nations
- No impact on seafood exports—SEAI
- Tsunami takes wind out of prawn, shrimp exporters’ sails
- M. Srinivas Rao is VPT’s new Dy Chairman
- Cabotage law provision relaxed to reduce JNP congestion
- NSCOWA helps in a ‘visionary’ cause
- Exports to Bangladesh via land route stalled
- PM tells industry to expect lower tariffs
- SRTEPC to organise Surat Expo 2005 today
- DEPB rate cut most cruel to cotton textile exporters: AIEC
- ... to auction 12 oil, gas exploration sites
- India may seek details of US anti-dumping norms
- Fieo underscores need for continuing tax incentives to boost exports
- Development of 112 textile market yards sanctioned
- India-Japan policy dialogue begun
- More liberal policy on SEZs coming, says PHDCCI
- Summit backs tsunami early warning system in Indian Ocean
- Japan offers to transfer knowhow to India
- Seminar on ‘Business Opportunities with Singapore’ today
- Interactive meeting with Pak team tomorrow
- PDEXCIL’s new office-bearers
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| JANUARY 7, 2005 |
- Vancouver exploring ways to reduce ship emissions
The Vancouver Port Authority (VPA), along with other local authorities in the western Canadian port, is researching means to reduce ship emissions.
- DNVPS reports more high sodium samples in Singapore
Testing agency reports on additional fuel samples with unusually high sodium content, while separate sources say around 1.5m mt low-sodium fuels will be required to blend down recent high-sodium cargoes.
- Japan bunker sales up in November
- Crude prices retreating after speculator-driven rally
Crude oil prices were retreating in after hours trading today after yesterday saw huge gains driven largely by fund buying.
- Export patterns and over-commitment leave South Korea tight
South Korea reported very tight until at least end of next week on cargo exports and over-commitments in the bunker market.
- FOBAS issues second Singapore sodium warning
Testing agency reports unusual levels of sodium ranging from about 100 mg/kg to 274 mg/kg.
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| JANUARY 7, 2005 |
- ICS opposes "68.75%" Panama Canal box charging hike
- Hapag-Lloyd orders 8,600 TEU boxships
- IMO and UNEP heads in talks
- Turkish legal case could clarify newbuilding status
- Nigerian admirals convicted in African Pride case
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| JANUARY 8, 2005 |
- Schubert steps down
- Security committee members named
- HHI delivers first "On-ground Build" ship
- Hapag Lloyd orders three mega containerships
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| JANUARY 7, 2005 |
- Schnitzer Steel setting records for first fiscal quarter income
- Rail freight traffic count delivers positive holiday week
- Seattle marine insurance group plans 94th annual banquet
- Transportation Services Index sees second montly increase
- Sea-Tac Airport trying web based plane identification scheme
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| JANUARY 10, 2005 |
- Container lines in campaign to scale back Panama Canal transit fee increase
CONTAINER lines are preparing to confront the Panama Canal Authority over new transit fees that could soar by almost 70% unless the proposals are amended.
- NYK beefs up its VLCC portfolio with $320m orders
NYK is further expanding its fleet of very large crude carriers with an order at IHI Marine United for three 300,000 dwt ships in a deal which brokers indicated was worth about $320m.
- Stelios pulls plug on easyCruise Asian debut
EASYGROUP chairman Stelios Haji-Ioannou’s new cruise firm easyCruise has cancelled its East Asian debut in March in the wake of the Tsunami disaster.
- Clyde tug aids listing Sea Fox
COASTGUARD emergency towing vessel Anglian Prince was called to the assistance of Latvian general cargo vessel Sea Fox yesterday after it developed a 50° list in severe gale conditions off the Hebridean island of Tiree, writes Sandra Speares.
- Mulheim owner fined for ISM offences
GERMAN owners of the general cargoship RMS Mulheim, which ran aground on the Cornish coast in March, 2003, have been fined £20,000 ($38,000) plus costs for two incidents in two days on different ships, writes Sandra Speares.
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| JANUARY 7, 2005 |
- India, Iran sign LNG deal
INDIA and Iran have finally agreed a price for LNG, and today India signed an agreement to import 7.5M tonnes from Iran from 2009 under an oilfield-for-LNG deal.... Full story
- Pollution suspect pays bond
- ITF warns of Nigerian crewing scam
- California considers pollution cuts
- Pantelli moves closer to SSW
- Miami box backlogs now cleared
- Derailments hit Richards Bay export
- Exhibition organisers need to talk
- CCU, Klaveness in contract venture
- Gijon expansion contract awarded
- Grounded Elbe boxship refloated
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| JANUARY 7, 2005 |
- Incentives to cut Calif. port smog
Carriers, terminal operators propose program of financial incentives to cut diesel emissions ahead of legislation.
- Global economic growth slowing
Organization for Economic Cooperation and Development says indicators show member economies will be expanding at a slower pace.
- Marad's Schubert resigns
- Hearing on new Panama Canal toll system
- Mexico to end tariff on some U.S. apple exports
- Seaway sees tonnage growth
- Hapag-Lloyd orders 8,600-TEU ships
- JPMorgan Chase to acquire Vastera
- Customs symposium to emphasize strategy
- New Halifax-U.S. feeder
- Safmarine names new container vessel
- Econocaribe expands LCL to India, Italy
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| JANUARY 7, 2005 |
- Carriers rail against massive Panama Canal rate increases
Two leading container-industry bodies will today make a last ditch effort to prevent the Panama Canal Authority (ACP) from increasing its boxship tariffs by 68.75% over the next three years.
- HK drivers' anger as they bear costs of electronic manifests
Cross-border drivers in Hong Kong are concerned about the extra costs involved in the unified road cargo manifest system which was formally adopted on January 1.
- Qingdao Port Group maintains grip on local tally market
- Tsunami hits Indian seafood exports
- India relaxes cabotage to ease congestion at JNP and Mumbai
- New Evergreen terminal opens in Tacoma
- ANZDL halves trans-Tasman con-ro service
- China shipyards aim high as building boom continues
- Delphis Shipping expands intra-Europe network
- Hapag-Lloyd add three more newbuild contracts to expansion plan
- Updated: Norfolk Southern chlorine crash under investigation
- Double track for Melbourne rail access
- Five bidders for JN Port expansion study
- Down to zero: HK reduces marine accidents
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| JANUARY 7, 2005 |
- Kvaerner plots massive offering
Group could seek $500m or more from Norwegian investors to improve Philadelphia yard, finance US-flag tankers.
- Stolt on the move
Transportation group sells longtime Greenwich HQ and is heading upcoast in Connecticut.
- Offloading
Stolt-Nielsen cuts loose Stolt Offshore subsidiary
- Angelini to reap $360m from CSAV sale
Chilean billionaire set to offload 18% stake this month, claims local press.
- Keppel safety officer in court
No bail needed for man charged in connection with deadly fire on Almudaina tanker.
- Gard wins Amorgos ruling
Home town court finds for Norwegian P&I club in $10m coral damage battle.
- Clipper Sea sold
Elderly LPG carrier is sold for further trading.
- Rem orders at Kleven
Norwegian offshore owner spends NOK 200m on multipurpose supply ship at domestic yard.
- Koch man tapped for FMIUG
Guy Campbell gets the nod to head Baltic's derivatives lobby group.
- QBE wins Hub battle
Insurer's refusal to pay controversial containership machinery damage claim is upheld by Singapore court.
- Chuan Hup talks JVs
Singapore shipbuilder denies takeover approach from Malaysian group, but admits tie-up possibility.
- Newcomer eyes cruise trio
Norway's Vision Quest Lines wants Aker Finnyards to build three conference cruiseships.
- MISC not budging from boxes
Malaysian owner denies reports it is about to sell containerships to focus on energy transport.
- ISH completes $40m stock offering
New class of stock will begin trading on NYSE in February.
- Gigantic order for Hapag-Lloyd
German line signs for three 8,600-teu boxships at Hyundai Heavy Industries to beef up Asian services.
- Cantor canters on
Newbie shipping investment bank adds another maritime expert to its team.
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| JANUARY 7, 2005 |
- Shipping industry condemns "opportunistic" Panama Canal toll increases
- Angelini to sell 18% stake in CSAV
- Hapag-Lloyd orders three 8,600 TEU ships
- International Shipholding raises $40 million through offering
- Koch, Raymond named to DHS maritime panel
- Safmarine names second vessel for Europe/South Africa trade
- Carriers feed Boston cargoes via Halifax
- Clarification: Marine Log sponsors security conference
- Mexican Government brings lawsuit against TMM and TFM
- U.S. intermodal grew 10% in 2004
- Chlorine gas from Norfolk Southern train kills 8 textile workers
- CSX give winter weather alert
- CSXI picks P&O for Baltimore contract
- DHS produces national incident response plan
- JPMorgan to acquire Vastera
- ITC rules certain shrimp from six countries injures U.S. industry
- U.S. industry group seeks end to "zeroing" for antidumping cases
- Calif. congresswoman proposes voluntary seal program for empties
- Mich. lawmaker introduces bill to strengthen anticounterfeit law
- House Transport Committee sets leadership
- U.S. top trade negotiator may head to State Department
- Peterson starts trade consulting service
- North Carolina ports to charge container inspection fee
- Georgia ports give Schaller new role
- SDDC unit to manage tsunami relief distribution at Laem Chabang port
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