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| JANUARY 14, 2005 |
Shipping News
- Dubai Ports may well be a force to be reckoned with
DOUBTS have emerged in South Korea on the ability of Dubai Ports International to operate nine berths at the Busan New Port, which are among the assets of CSX World Terminal that the Dubai port operator is acquiring.
- Brooklyn to get US$30 million cruise terminal
NEW York City and the Port Authority of New York and New Jersey have agreed to build a US$30 million cruise terminal in Brooklyn as part of a US$200 million programme to modernise and expand the city's passenger ship facilities, Mayor Michael Bloomberg and Governor George Pataki announced on Wednesday.
- China wants undersea tunnel to Taiwan
CHINA is proposing to build the world's longest undersea tunnel, a 200km highway that would link its south-east coast to Taiwan's capital, Taipei.
- Foreign trade via Fuzhou port up 31% in 2004
- Shanghai yard is China's No 1 shipbuilder
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- Shanghai container throughput rises 29 per cent
- Deluge disrupts rail services in California
- SICT welcomes vessel on Shantou-Korea service
- Baltrans appoints new executive director
- TT Club calls for reassessment of insurance cover
- Rickmers-Linie Belgium appoints new MD
- Yinchuan-Sanya air service launched
- EU-US look to settle air dispute
- Qantaslink invests US$153 million in fleet
- UPS lowers Q4 earnings estimate
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| JANUARY 14, 2005 |
- Solutions to container port delays unclear
- Exports may post 24 pc growth rate this fiscal
- 60,000 t raw sugar to be imported from Brazil
- Imports surge by 33.5 pc in April-Dec. 2004
- Reliance plans all-weather port, SEZ
- CCEA clears decks for ICTT near Cochin Port
- Railways hauls record 438.26 m tonnes freight during April-Dec.
- Plea to stay disputed I-T recovery till appeal disposal
- FDI, technology import in textile sector likely to be liberalised
- IIP figures indicate healthy industrial growth
- Natural rubber exports stop
- Press Note 1 replaces 18 with immediate effect
- Vibrant Gujarat to pulsate with investments of over Rs 87,000 crore
- Focus to be on exports, infrastructure & hi-tech
- SION for 12 new export items notified
- SEZ Bill to be tabled in Budget session—Kamal Nath
- Prices of scrap steel rise to record levels
- Press meet today
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- Suppliers: More action from MPA on sodium required
Reports claimed today that some suppliers were urging the MPA to take a more pro-active stance to assist the market deal with 'off-spec' bunker fuel influx.
- Singapore: Fuel oil inventories fall 1.5 million barrels
Data released by International Enterprise shows significant fall in fuel oil inventories.
- Tighter regulations prompt ADNOC withdrawal from Fujairah
Abu Dhabi National Oil Co (ADNOC) confirmed today that the company has pulled out of the Fujairah bunker market.
- Rotterdam steady to firm at midday
- DOE and API at a glance: This week's US inventory figures
- Four partners named as ENOC reveals terminal plans
ENOC reveals more details of its planned terminal project in Singapore, including naming four investors in the terminalling joint venture.
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- 5th Annual trans-Pacific maritime conference
- TransAm Trucking selects MobileMax
- Railfreight has priority in France
- Gefco strengthens automotive division with new branch office
- EBRD loan to Russian private rail operator BaltTransServis
- Air Europa places first order for new Airbus
- Suez Canal increases charges
- ICTSI names new managers
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| JANUARY 13, 2005 |
- EC "has no evidence for scrapping liner conferences"
- IMO, IHO and IALA link in tsunami response
- Horizon awards US$200m Singapore terminal contracts
- Nordic American Tanker quits Olso SE
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- Rail association offers Ten-Year Trends publication
- Horizon Lines executive takes spot on security committee
- Portland Women's Shipping Club announces monthly meeting speaker
- Portland Airport food program wants passengers to buy and fly
- Firm accepts felony charge from hazmat loading incident
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- Lloyd’s pact beats FSA broker rules deadline
UNDERWRITERS and brokers at Lloyd’s have narrowly beaten a regulatory deadline to negotiate new working agreements - but the tough talking will go on. An interim solution has been drawn up by Lloyd’s Market Association and London Market Insurance Brokers’ Committee, although this is reported to leave outstanding some key areas.
- Early warning systems are crucial for global risk management stresses Levene
LLOYD’S chairman Lord Levene, who witnessed the tsunami disaster first hand, has said it was clearer to him than ever that “early warning systems” were vital to prepare for global risks of all kinds, writes James Brewer.
- Trials shine light on Aurora failure
P&O Cruises’ Aurora was back in Southampton yesterday after sea trials to identify the cause of an electrical failure to the propulsion system, which has delayed the start of a 103-night world cruise, writes Sandra Speares.
- Greeks question legality of EU’s planned criminal sanctions
GREEK shipping interests have renewed their offensive against the proposed European Union criminal sanctions directive, saying it has “defi- nitively unsound legal foundations”.
- Shiprokers raise $500,000 in tsunami aid
UP TO an astonishing $500,000 was raised for victims of the Indian Ocean tsunami during the charity day organised by London shipbrokers ACM Shipping and its derivatives affiliate ACM-GFI, writes Julian Bray.
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| JANUARY 13, 2005 |
- Bimco lands EU heavyweight
BIMCO signed an agreement this morning with former European transport commissioner Neil Kinnock to be its EU liaison officer
- LNG application updates
UPDATES on pending applications for deep water Liquefied Natural Gas facilities in the US can now be found on a website housed on the Maritime Administration website
- Court rejects Bremerhaven objection
THE Bremen superior administrative court has today rejected the claims of about 50 villagers against the extension of the Bremerhaven container terminal 4
- Aurora's sea trials fail
WOES continue for P&O Cruises’ 1,900-passenger cruise ship Aurora, which failed to depart on the opening leg of a round-the-world cruise on 9 January
- Pulling together on training
- Brooklyn cruise deal finalised
- Post-tsunami cruise report
- Terminal operator in talks
- Koreans warn Japan on steel price
- Stolt-Nielsen sells Offshore shares
- DPI’s Vallarpadam changes agreed
- LR denies UN overcharge claim
- Norden chief exec Krabbe dies
- BHP Billiton opens new oil field
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| JANUARY 13, 2005 |
- Stricter C-TPAT, prompt clearance
U.S. Customs to offer immediate clearance by year's end for importers employing best secuirity practices.
- Union Pacific reopens LA routes
Railroad expected to have three of its five weather-damaged lines back in operation by Thursday afternoon.
- Retailers eye Halifax route
- Bonner endorses Chertoff, won't leave DHS yet
- NYK seeking Canada port alternative?
- Frankfurt cargo closes strongly
- FedEx boosts Indianapolis cargo
- More cranes for Jamaica port
- China rail upgrade hits snags
- GM selling EMD locomotive business
- Kalmar offers low-emission cranes
- Pressed intermodal has to work smarter, says exec
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| JANUARY 13, 2005 |
- HK cross-border drivers: four-up-four-down rule not fully relaxed
A cross-border driver in Hong Kong told ci-online today that the so-called four-up-four-down rule has not been fully relaxed, saying the driver still needs to tie up with the tractor.
- Indian government approves DPI’s revised Vallarpadam bid
India’s cabinet committee for economic affairs today approved Dubai Port International’s (DPI) revised package for the development of an international container transhipment terminal (ICTT) at Vallarpadam, near Cochin.
- Shenzhen Port to levy security charge
The three container terminals in Shenzhen will levy a security charge of RMB50 (US$6)/laden TEU from March 1 to cover security equipment upgrade investments.
- Managers train to replace staff as CN labour negotiations stall
- California rail backlog will take two weeks to clear
- Multinational private rail-alliance plans to horn in on state competitors
- Grand Alliance adds Le Havre to transatlantic service
- Rail-alliance looks to UK and France for pan-European expansion
- Parliamentary committee slates Mongla
- Hupac on track to meet 2007 target
- Paranagua records nearly 20% growth in 2004
- Tianjin eyes ambitious 2010 targets
- Kaohsiung to expand free trade zone
- Busan New Port invites berth construction bids
- Japan: more safety measures needed in the Malacca Strait
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| JANUARY 13, 2005 |
- Stolt books $360m profit on sale
Divestment of Stolt Offshore brings tasty windfall, as group moves to concentrate on shipping.
- Wartsila buys bit of Deutz
Finnish group takes over servicing of German company's marine engines.
- THI opens new slipway
Expansion doubles production rates at the ambitious Filipino-Japanese yard.
- Volgotanker wants tax break
Russian owner pleads with Putin to save it from “threat of destruction.”
- Japan detains 20
Ecoship and Gurita Lintas ships included in December port state list.
- Mercator quarterlies rise 400%
Rapidly-expanding Indian owner posts another glowing set of results.
- Not enough punters
Nordic American waves goodby to Oslo stock exchange this week, after trade dwindles.
- Aurora faces delay
Round-the-world cruise only makes it to the Isle of Wight as propulsion problems hit liner.
- Samsung profit chopped
Korean shipbuilder hit by 67% fall in net earnings during 2004 – and it lost money on an operating level.
- Throughput up at PSA
New services plus the China factor drive increase in containers passing through port of Singapore.
- Clarksons pushes into Italy
Expanding UK shipbroker to take over Italian dry bulk house Ferrobulk.
- Aussies hold a dozen
Australian maritime authorities end 2004 with another 12 detainees as annual total reaches 178.
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| JANUARY 13, 2005 |
- EC to renew consortium antitrust exemption with minor adjustments
- IMO, other organizations adopt post-tsunami action plan
- Hatsu joins Evergreen/Zim Asia/U.S. East Coast service
- Crowley Maritime promotes Calvin, Rodgers
- Shell Marine Products adds bunker service at Mobile
- Baldanza quits U.S. Airways to join Spirit Airlines
- Outgoing Commerce secretary challenges China to further reforms
- USDA proposes to adjust import cotton fee
- Panalpina promotes Bellin
- Singapore throughput rises 14% to 20.6 million TEUs
- Marseilles-Fos' reports 10% growth, seeks dockers' referendum
- Bahamas cooperates with U.S. on nuclear materials detection
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| JANUARY 13, 2005 |
- More millions to Tsunami victims from marine companies
Danish J.c Hempel’s Fond, owner of the marine paint manufacturer Hempel, has decided to give DKK two million (EUR 268,000 ...
- Shell remains biggest tank charterer
Shell retains the position has the world’s biggest crude oil tanker charterer with no less than 794 fixtures in the ...
- Camillo Eitzen takes control of TESMA
Camillio Eitzen has taken full control of technical management company TESMA in Estonia by acquiring the remaining 50 per cent ...
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