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| APRIL 14, 2005 |
Shipping News
- First-ever straits users' forum to discuss security
LACK of resources and sovereignty issues are the two biggest hurdles in the fight against piracy in Malacca Strait, but an upcoming, first ever straits users' forum could be a turning point, according to the head of a non-profit Japanese maritime body.
- PSA posts 11.6% rise in Q1 volumes
CARGO volumes handled at PSA International's terminals continued to grow on a month-to-month and a year-to-date basis.
- Eight killed, six missing in shipping tragedies
EIGHT people were killed and six were missing in two separate accidents involving a North Korean-registered cargo carrier and a Chinese freight ship.
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| APRIL 14, 2005 |
- Taiwan shipping company gains beachhead in China
- Tianjin, Dalian ports see increases in Q1 througput
- US consumer spending power looks unlikely to run out of steam soon
- Liaoning will spend US$10.8 billion on highways until 2020
- Jurong Port container handling rises
- AADA to increase bunker surcharge
- Le Havre handles 2.15m boxes in 2004
- FedEx appoints new VP in Asia Pacific
- Cathay Pacific cargo load factor dips in March
- Air China achieves record performance in 2004
- Hacis launches SuperLink service extension to Humen, Dongguan
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| APRIL 13, 2005 |
- Europe signals new dawn for marine fueling
Stricter 0.5% limits to be discussed in 2008 as European Parliament ends two years of political wrangling over emissions legislation with confirmation of 1.5% sulphur cap.
- No clear cut-off for single-hulls in Fujairah
Fujairah aims for a gradual phase-out of single hull tankers as the UAE moves towards entry to the Marpol convention, but officials will not be drawn on an exact date for banning fuel oil transport on single-hull bunkering vessels.
- Martek Marine announces successful emissions monitoring trials
Martek Marine has said that its MariNOx Engine Emissions Monitoring System has been successfully trialed by oil major BP.
- Vopak plans to expand Middle East storage capacity
Vopak has plans to expand its storage capacity in the Middle East through securing larger stakes in regional joint-venture projects. New projects mentioned in three countries.
- Iraq: Tender issued for bunker tanker purchase
Iraqi Oil Tanker Company (IOTC) has issued a tender to buy its first oil product tanker in nearly two decades. The vessel will be used for bunkering purposes.
- US: Foss Maritime fined for bunker spill
Foss Maritime Company is fined $577,000 for bunker spill that occurred in December 2003 in Washington state.
- Aframax rates affected by single-hull ban
Far East routes hit hardest by freight rises in the wake of ban on single-hulled tankers.
- Transneft calls for end to Bosphorus 'chaos'
Russian pipeline company calls for inter-governmental system to regulate tanker traffic from the Black Sea.
- Fujairah to increase tank storage by 400,000 mt
Reporters told negotiations underway with several regional suppliers looking to enter into the Fujairah bunker market.
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| APRIL 13, 2005 |
- Busy week for SE Asian pirates
- "K" Line orders VLCC
- PWC – Transoceanic merger
- Tsunami fund cash handed over
- Assessment of liner industry proposal made public
- ABB celebrates orders surge
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| APRIL 13, 2005 |
- Promotions at Tidewater
- Foss to pay $577,000 state spill penalty
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| APRIL 13, 2005 |
- Seattle Port Commissioners Ok upgrades for Pier 91
- Bellingham Maritime Museum holding open house, reunion
- Southwest Airlines Cargo wins excellence award
- Carriers adding second string to New Good Hope Express run
- Steel imports into US down 11 percent for January
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| APRIL 14, 2005 |
- Cargoship sinking off Algeria leaves eight crew missing
A NORTH Korean-flagged general cargoship, which sank this week with the loss of up to 10 lives, had several safety detentions and accidents on board, it emerged yesterday.
- Hassing quits Maersk Co for ‘new life’
JESPER Kjaedegaard is to succeed Michael Hassing as head of the Maersk Company, one of the UK’s largest shipowners.
- Spate of explosions sparks early report by Intertanko
Anxiety about recent chemical tanker explosions was underlined yesterday when the International Association of Independent Tanker Owners (Intertanko) said an industry working group probing the spate of accidents was expected to report as early as the autumn.
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| APRIL 13, 2005 |
- Safety under pressure: MAIB chief
SAFETY is losing out to commercial pressures, warned Stephen Meyer, chief inspector of marine accidents at the UK’s Marine Accident Investigation Branch yesterday
- Broker launches new box index
HARPER Petersen, the London- and Hamburg-based shipbroker, has just released details of its new boxship indices
- Foss fined for Puget pollution
FOSS Maritime, a Washington state tug and barge operator, has been fined $577,000 by state authorities for an oil spill in December 2003 in Puget Sound
- Marina ferry standards criticised
SUPERCAT Fast Ferry Corp has criticised Philippine maritime authorities for compromising the safety of fast ferries in the domestic trade
- CN steps up grain service
CANADIAN National Railway will increase capacity to Vancouver and Prince Rupert in the wake of criticism from British Columbia’s bulk grain and intermodal shippers
- LA hooks-up cruise ships
COLD ironing will now be expanded to include cruise ships at Los Angeles, US, after yesterday’s vote by harbour commissioners
- Hamburg restructures its port
- Contship facing double loss
- Fortum split set for 15 April
- Inuit cruising begins in July
- Six missing off Pearl River
- Operators attack port directive
- Russians bid for more oil business
- Indonesia tackles port inefficiency
- Seafarers die after inhaling gas
- Two dead, eight missing off Algeria
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| APRIL 13, 2005 |
- U.S. network congestion looming
Executive warns shippers not enough trailers, containers in domestic network to handle surge of imports during peak season.
- Sign-ups slated for PierPass
- Hanjin Shipping, Cosco launch Arabian feeder
- Maersk Sealand shifts Italy feeder to Port Said
- Kuwait firm buys Transoceanic
- Beatson out at Panalpina
- Trade focus for Ga. ports
- Maersk’s UK chief resigns
- Cargill moving Asia ocean unit
- CSX expediting NJ-Chicago trailers
- Hellmann appoints U.S. VP
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| APRIL 13, 2005 |
- Channel decision already costing Melbourne
Australia’s Victoria Government’s decision to delay Melbourne channel-deepening indefinitely while further environmental, technical studies are undertaken has cost the port additional capacity in the hard-pressed North and East Asia-Australia trade.
- Charterers ‘have done their shopping,’ leaving market quiet
- Kotka suffers local strike in Finland-wide negotiation deadlock
- Maersk commits to another Med hub
- BNSF chief warns surcharges here to stay, to enforce shipper efficiency
- DB acquisition of VTG not likely, says rail4chem CEO
- Hanjin and Coscon to launch joint feeder service
- Shanghai Jin Jiang to launch Shanghai/Osaka service
- LA/Long Beach given US$6.9m for Operation Safe Commerce project
- Gioia Tauro to handle 8,468TEU CSCL America
- DFDS Tor Line to route over 27,000TEU a year through Tilbury
- Record volumes pressure Australian waterfront performance
- Increase in volumes lift CSCL Q1 revenues
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| APRIL 13, 2005 |
- Stronger Stolt banks big profit
Oslo-listed tanker owner posts huge first quarter profit, most of which came from sale of Stolt Offshore stake.
- Excel fixes new charter
Latest panamax purchase will take home $28,000 per day over two years.
- BP owns up
Oil major says it will increase ownership stake in ships, and forge more alliances with existing operators.
- Foss fined
Seattle barge company hit with large penalty after Puget Sound pollution.
- Greeks seek derivatives help
Traditional methods of doing business are preventing use of modern risk management technique.
- Pirates target Chinese ship
Handysize bulker becomes latest merchant ship to be targeted by pirates in Singapore Strait.
- Owners told to watch...Detroit?
Tanker operators warned to keep abreast of changes in fuel consumption, particularly in car industry.
- Karageorgiou quits
Stelios Haji-Ioannou's right-hand man to leave easyGroup to look for other "interesting" projects.
- Hindustan bags biggest order
Indian shipyard wins repeat business from Goodearth of Chennai to build its largest-ever bulkers.
- Mitsubishi Singapore bound
Japanese trading house is shifting its crude tanker business from Tokyo to the Lion Republic.
- Ukrrichflot to lean on loan
Ukrainian owner planning to tap EBRD again to help build another series of river-sea cargoships.
- Coscol counts mounting profit
Cosco’s heavy-lift and ro-ro arm expecting big things from first quarter.
- Simon back into profit
UK ports operator finally makes some money after expanding Humber Sea Terminal.
- NYK adds second string
Japanese owner adding extra capacity to Asia/South Africa and east coast South America service.
- Fumes claim two
Captain and chief engineer of chemical tanker die in Japanese port after breathing in toxic gas.
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| APRIL 13, 2005 |
- Grand Alliance considers extra transpacific loop
- Mineta urges Japan to further liberalize maritime and aviation sectors
- COSCO, Hanjin to start India/Iran feeder
- Production begins on A380 freighter
- Air China, China Eastern report higher profits, growth
- CN signs tentative labor agreement with BLET
- Sudden departure from Panalpina for Beatson
- Logistics executive Buffam dies
- PWC acquires Transoceanic Shipping
- TNT Logistics buys labor management tool
- Hellmann Worldwide Logistics implements software, appoints McConaghy
- Maersk Sealand transfers Med services to group-controlled hub
- Port of Seattle commission moves ahead with project, improvements
- Clinton to give keynote at Kvaerner Philadephia Shipyard April 14
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| APRIL 13, 2005 |
- ABB breakthrough in marine propulsion
ABB Norway is to deliver diesel electric propulsion systems and electric power plants to 10 new vessels on order at ...
- Prospect of heavier tankers from 2006
The steel weight of tankers contracted after 1 January 2006 might increase by as much as 3-4 per cent ...
- Ocean Rig sues lawyers for NOK 130 million
Norwegian drilling rig owner/operator Ocean Rig sues he law firm Wikborg Rein and partner Bernhard Haukali for NOK 130 ...
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