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| FEBRUARY 10, 2005 |
- Maersk to launch Asia to Central America service
- Underwater system to protect ships, ports developed by US Coast Guard
- Shanghai to host 24th World Ports Conference
- Port of Tacoma wins green award
- Three Gorges' biggest transit port under construction
- TSA begins background checks on Hazmat drivers
- Hebei province starts work on international logistics centre
- Exel appoints CEO for Europe, Middle East, Africa
- JAL reports third quarter loss
- Airlines against introduction of aviation fuel tax in Europe
- British Airways announces third quarter profit
- United appoints new marketing vice president
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| FEBRUARY 10, 2005 |
- SCI, BPCL renew crude transportation deal
- Reefer rates seen peaking this year, sliding in next 3
- Mercator Lines’ move to play bigger role in global market
- India, Philippines amend double tax avoidance agreement
- Ficci signs MoU with Norwegian Chamber
- TPT all set to cross 0.3-m TEU mark this fiscal
- Record monthly handling of iron ore set by Paradip Port in January
- Kolkata Port-ICD Birgunj container movement by rail continues
- Railways sets in motion freight policy reforms
- Govt favours privatisation of non-metro airports
- Govt projects GDP growth at 6.91 pc in 2004-05
- MiSEZ may attract IFC, ADB finances
- DEPB replacement may refund all taxes, except Customs duty
- Export units looking forward to tax sops
- Revised foreign trade policy to lay special focus on auto parts, pharma sectors
- Budget may correct inverted duty structures
- Minister calls special meet to discuss finance issues of textile sector
- Kamal Nath invites FDI in infrastructure
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| FEBRUARY 9, 2005 |
- Crude up as inventories reveal unpredicted fall
Buying predicted after crude oil stocks fall and refinery utilization decreases at the same time.
- DOE & API at a glance: This week's US inventory figures
- Gibraltar bunker sales fall for first time since 1990
Sales volumes for 2004 in the key Mediterranean bunkering hub of Gibraltar failed to register a year-on-year increase for the first time since 1990.
- Waste oil dumping whistleblower receives $360,000 reward
Latest in series of high-profile 'dumping' cases in US ends with $2m fine and $360,000 payment for whistleblower.
- Aegean expands into Caribbean
Acquistion of almost 10,000 mt in barge capacity will see Pireaus-based supplier enter the Caribbean bunker market in March out of Kingston and off-shore, Jamaica.
- ICS: Unilateralism threatens globally accepted maritime law
The International Chamber of Shipping has said that regional and unilateral actions could threaten the globally accepted system of maritime law and endanger shipping's safety and environmental record.
- Alaska: Cruise lines encouraged to switch to diesel
Cruise lines operating in Alaskan waters to receive benefits for switching to diesel fuel.
- Rotterdam stable late morning
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| FEBRUARY 9, 2005 |
- Cameroon introduces electronic cargo tracking note
- Senegal: Dakar revises hazardous cargo procedures
- ProLogis starts Japanese developments
- Loxx expands service portfolio
- Dangerous goods into mainland China
- Good year for Wilh Wilhelmsen
- European Freight Leaders & Logistics Forum elects chairman
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| FEBRUARY 9, 2005 |
- Chemical tanker attacked off Singapore
- ITF supports dock campaigns in Europe, NZ and US
- Bad weather stops bulker salvage
- Grindrod buys regional ports
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| FEBRUARY 9, 2005 |
- Budget slashes Navy shipbuilding
- MAN B&W Diesel breaks 100,000 bhp barrier
- ABS relocates regional HQ
- Turkish interest in Rochester ferry
- Title XI targeted again
- Port security, dredging take budget hits
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| FEBRUARY 9, 2005 |
- Port Jobs nets AED grant to send Sea-Tac workers to college
- Vessel working on salmon project will partially block Columbia channel
- FRA levels fines against CSX for rail grade crossing violations
- Portland Port Commissioners to eye transportation plan today
- Maersk Sealand adding new CAM-MEX service
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| FEBRUARY 10, 2005 |
- Containership order onslaught is unabated
CONTAINERSHIP ordering is continuing at such a frantic pace that 2007 is on course to overtake 2006 as the busiest year on record for new deliveries.
- B+H to expand with $110m purchases
B+H OCEAN Carriers, Michael Hudner’s listed operator of product tankers with an expanding dry bulk presence, has announced the $110.2m purchase of three double-hulled combination carriers.
- Writ me Baby, one more time
DO SOMETHING, as the title of her latest video exhorts. She did. Pop singer Britney Spears is suing eight insurance companies that she claims covered her — via Lloyd’s — for $9.8m.
- Fujitrans fined $2m in US pollution exposé
JAPANESE operator Fujitrans Corp has been ordered to pay nearly $2m in fines and compensation after pleading guilty to pollution violations in the US.
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| FEBRUARY 9, 2005 |
- French line up to take over SNCM
'SEVERAL' French shipping companies and one from outside France have expressed an interest in ferry operator SNCM, according to French Secretary of State for the Sea, François Goulard
- Fujitrans fined $2M for oil dumping
A TIP-OFF from a former crewmember led to a search of the car carrier Cygnus on suspicion of oil dumping in 2002 which, this week, resulted in $2M in fines
- US proposes farm subsidies cut
AGRICULTURAL subsidies will be cut if the proposed US budget passes, despite falling exports over recent years
- Réunion expansion in progress
PORT Est in Reunion Island, in the south-west Indian Ocean, is seeing an extensive expansion of its container-handling facilities, according to a press release today
- Jasper to raise funds for Savannah port
JASPER County officials voted last night to allow SSA Marine to loan the county up to $15M to purchase land for a planned major new container port on the Savannah River
- Penalties keep Alaska air cleaner
CRUISE ship penalties put in place in 2000 by the US state of Alaska appear to have proved effective in reducing air pollution
- Brazil expands alcool capacity
- Two seafarers missing in Black Sea
- Volgotanker defaults on $120M
- PierPass launch delayed again
- Roma in hot water over pollution
- Calais linkspan fails
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| FEBRUARY 9, 2005 |
- BNSF eyeing LA box transfer yard
Los Angeles-Long Beach to negotiate exclusively with railroad for near-dock intermodal rail transfer facility that will streamline container moves.
- FMC denies shippers' petitions against NVO rule
- Trucking facing capacity crunch again
- Port delays expected to worsen
- UPS charts China logistics growth
- NYK profit rides China demand
- Piracy more violent in 2004
- Intermodal gain for C.H. Robinson
- Hub profit up on higher prices
- $1M for Ga. port rail link
- Rostami to head Fesco North America
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| FEBRUARY 9, 2005 |
- Hopes for a Scheldt dredge deal rise
Dutch and Belgian negotiators are close to a deal over the dredging of the River Scheldt, with ministers from both federal governments expected to meet to finalise a deal tomorrow.
- Atlantic operators look for charter scraps as Far East celebrates
- Patrick commits to Melbourne expansion as Brisbane stalls
- Volumes slow as Nepal political crisis deepens
- Bush administration plans to re-instate St Lawrence tolls
- US Dept of Transport hurries Congress on new funding bill
- Major US trades continue their trends
- Piggyback is only burden on climbing Kombi figures
- APS to open more space at Port of Virginia
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| FEBRUARY 9, 2005 |
- CSC agrees tanker deal
Azeri state owner returns to Russia's Krasnoye Sormovo for two 13,000-dwt newbuildings.
- US fund dumps Golar
Fidelity Investments has cut its holdings in Tor Olav Troim-led LNG play Golar.
- Fujitrans fined $2m
Whistleblower who alerted authorities to dumping walks away with $360,000.
- B+H in $112m OBO buy
Norway's Christen Sveaas has cashed in on three OBOs that look set to leave the Poseidon pool.
- Gdynia cuts losses
But Polish shipbuilder still being hurt by weaker euro and higher steel prices.
- NYK takes it up a notch
Japan’s biggest shipping company boosted net profit by 53% in the first three quarters, fuelled by Chinese demand.
- Moody's negative on OSG
Agency confirms existing ratings but outlook cut from stable to negative after Stelmar buy.
- Medov wins over WWL
Italian agent adds Wallenius Wilhelmsen Lines to client list.
- Shinwa soars
Tanker markets propel Japanese VLCC owner to big profit in first nine months.
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| FEBRUARY 9, 2005 |
- Strong shipping market boosts NYK's profits
- EC moves closer to ISPS inspection regulation
- Carriers make Australia/New Zealand/U.S. transshipment pact
- NYK raises southbound New Zealand emergency bunker charge
- Four crewmembers found dead from capsized vessel
- PACC Line buys feeder software
- MEBA unveils new bridge simulator for deck officer training
- BAX Global reports improved profits, revenues
- Flugleidir Icelandair buys Bluebird Cargo
- UPS releases new trade management software
- Bush budget proposal for inland waterways better than expected
- CSX asks STB to block D.C. hazmat ban
- North American intermodal traffic surged in 2004
- FMC reviews 7 OTI license applications
- SEKO opens Houston office
- Bortmes to lead CBP intel office
- AAPA’s Nagle: Federal budget cuts port security grant program
- International pressure sought against EC's port liberalization
- Port of Boston volume up 11%
- Kalmar to assist Port Réunion development
- Corps releases draft 20-year dredge management plan for Baltimore
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| FEBRUARY 9, 2005 |
- Stena Line carried 1.6 million units
Stena Line’s ferries and ro-ro vessels carried 1,621,300 freight units last year, up by 15 per cent compared to ...
- High VLCC earnings to continue
Although TCE earnings for VLCCs in excess of USD 200,000 per day will not recur in 2005, the respected research ...
- Several record’s for CMP in 2004
Copenhagen Malmö Port (CMP) logged a profit of SEK 35 million (EUR 3,85 million) in 2004 against a profit of ...
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