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| NOVEMBER 14, 2005 |
Shipping News
- Asian shippers welcome drop in THC in Indonesia
ASIAN shippers have applauded a decision by the Indonesian government to mandate a reduction in terminal handling surcharges applied by container shipping lines, which they maintain is nothing more than price fixing.
- Sea Containers is S'pore-bound
BERMUDA-registered international transport group Sea Containers is set to move a significant part of its management operation to Singapore.
- China Shipping favours Crete for box terminal
THE state-owned China Shipping Group may launch a project to develop a transhipment container terminal on the Greek island of Crete, according to the Greek Merchant Marine Ministry.
- Torm posts rise in 9-month profit
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| NOVEMBER 14, 2005 |
- No quick fix for Panama Canal gridlock: study
- MOL revenues grow in first half
- 12 berths planned for Dandong
- European port development hampered by several factors
- Port of Seattle bonds upgraded to top rating
- China Shipping looks to provide airfreight service
- Korean Air's Q3 net profit surges 59pc
- Changi Airport tests modifications for super jumbo
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| NOVEMBER 14, 2005 |
- Big 12 global container lines project 7 pc rise in costs in 2006
- KoPT plans to invite bids for pilot vessel
- Major Ports clock impressive 13 pc growth in H1
- CONCOR honours top users of ICD-TKD, Dadri on Customer Day
- CONCOR commences regular bi-weekly services between ICD-Sabarmati & Mundra Port
- PM okays restructuring of Chennai, Kolkata airports
- 70 more rakes to evacuate coal imported by 3 eastern ports in Nov.
- US to bring in more infrastructure investment
- Now, TUF scheme for pharmaceutical sector in offing
- Exim Bank goes ahead with financing banks & corporates for overseas acquisition
- Leather cos of India, China look for joint ventures
- Industrial production clocks 8.8 pc growth in H1
- Fieo meet on ‘Export Potential in Jeddah, Dubai’
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| NOVEMBER 11, 2005 |
- New Fiata secretariat staff
- CP doing well before takeover
- ANA to launch Boeing converted freighter programme
- BLS publishes access to Lötschberg base tunnel route conditions
- Eagle Global Logistics to manage Dell US logistics centre
- Train derailments lead to more railroad track inspections
- J. Rayl Transport chooses SkyBitz
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| NOVEMBER 11, 2005 |
- ASF calls for tougher government stance at ILO
- Knightsbridge Tankers Q3 result continues downward trend
- US barge rates falling
- Sea Container’s "perfect storm"
- Farstad’s good Q3
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| NOVEMBER 11, 2005 |
- K-Sea reports breech of barge double hull
- Fincantieri offers systems integration service
- Wilhelmsen extends PCTC series
- Wartsila power for Yantai-Raffles semi
- Mitsubishi diesel
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| NOVEMBER 11, 2005 |
- Deadline approaching for Globe Award nominations
- Monthly rail freight numbers paint up and down picture
- Port of Everett staff makes bundle for charity
- Three maritime VIPs win 2005 AOTOS awards
- Port of Seattle marina earns environmental honor
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| NOVEMBER 14, 2005 |
- Intertanko flag action as Frontline returns
INTERTANKO has accompanied confirmation that Frontline, one of the world’s largest tanker operators, has returned to the fold with plans to impose a new flag requirement for membership.
- China Shipping tips Cretan site as ‘ideal’ Mediterranean hub
CHINA Shipping Group has expressed interest in developing a container terminal in southern Crete as an answer to its hunt for transhipment hub facilities in the Mediterranean.
- Norfolkline could access Marco Polo cash for new European routes
FERRY operator Norfolkline is set to take a decision on two new ferry routes by the end of the year.
- P&O to buy ferry as charter ends
FERRY operator P&O Ferries has announced it will continue to operate the Pride of Rotterdam after the present charter expires in November next year, writes Sandra Speares.
- Lloyd’s List online gets ABCE approval
WOULD YOU drive a car without an MOT? Fix a ship without an ISM certificate? Enter the US without ISPS compliance?
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| NOVEMBER 11, 2005 |
- MC makes management changes
PROFITS rose for LPG/boxship operator MC Shipping while the company has announced management changes following the purchase of V.Ships’ stake by Navalmar
- TOP aims high for tanker fleet
TOP Tankers says it has set the foundations for further expansion and aims to become one of the largest operators of double-hull Suezmax and Handymax vessels
- Norfolkline assesses new routes
NORFOLKLINE, AP Møller’s ferry operating subsidiary, is soon to decide on whether to go ahead with two new routes
- No quick fix to Panama crisis
DESPITE investment to upgrade the Panama Canal, cargo demands will soon push capacity to the limit, according to a report released this month
- Dockers tighten ethics compliance
- Hanjin to build boxships at Subic
- Canada to block grain merger
- Watchdog raises Toll/Patrick issues
- IMTC in Tangiers-Vendres ro-ro run
- KG house posts 78% profit growth
- Algoma Central posts strong 3Q
- Diving rates hit Knightsbridge
- Hyundai bounces back as ship prices rise
- US LNG imports limited by supply
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| NOVEMBER 11, 2005 |
- ACCC's Patrick takeover doubts won't divert bullish Toll
Toll Holdings claims there is nothing unexpected in the Australian Competition and Consumer Commission’s preliminary assessment of its proposed Patrick Corporation takeover and remains confident, despite Patrick’s continuing resistance.
- ECT increases DeCeTe stake
- MacAndrews’ competes for Iberian reefer traffic
- MOL expects container market to remain 'strong'
- Reefer inspectors’ strikes bite at Brazilian ports
- Key appointments in Australia and New Zealand
- MOL Logistics shifts focus to Vietnam
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| NOVEMBER 11, 2005 |
- P&O takes Pride
UK ferry owner arranges fresh charter deal with new owner of its Hull to Rotterdam ship.
- Wilh Wilh back to MHI
Norwegian shipowner takes car carrier order at Japan's Mitsubishi Heavy Industries to eight.
- Intertanko sets low goal
Stephen Van Dyck-led Intertanko is hoping its efforts to improve quality will end up in a big fat zero.
- Bakken to take Farstad helm
Chief operating officer tapped to take over from retiring Andersen.
- Ferryways clinches car contract
MSC ro-ro company signs up to shift Volvos across North Sea.
- Pensions boost for Hyundai
Onetime gain leads to $160m profit for Korean yard though underlying business also improving.
- Seacor strengthens
US owner’s nine-month result is strong, no thanks to loss-making recent purchase Seabulk.
- Daewoo climbs out of red
Shipbuilder returns to profit in latest quarter but numbers still well down on 2004.
- Jutha up 25%
Thai owner on course to beat last year though exchange rate losses take bite out of profits.
- Contrasting fortunes
Kawasaki Kinkai sees hefty rise in interims, but fellow coastal shipper Shinwa Naiko not so lucky.
- Kyoei crashes
Japanese tanker owner’s profit collapses in first half year, as revenue growth remains modest.
- Taiheiyo downbeat
Japanese owner expecting second-half loss as earnings dip in first six months.
- Knightsbridge remains upbeat
Frontline-managed VLCC operator says rates trend in third quarter was more positive than before.
- Labroy profits inch up
Increased shipbuilding income helps lift third quarter profits at Singapore builder and shipowner.
- MC’s numbers grow
New York-listed LPG player continues to build profits, despite increase in operating costs.
- Sovcomflot signs at Samsung
Russian tanker giant orders ice-class shuttle tankers on back of Lukoil ConocoPhillips charter.
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| NOVEMBER 11, 2005 |
- ESC pleased with conference exemption report
- Matson raises westbound Hawaii rates by $125 per container
- New U.S.-flag ro/ro vessel enters MSP fleet
- Maersk to add German port, capacity to Europe/Morocco link
- BM Shipping Group USA names Mottola president
- Delta posts net loss of $1.1 billion in 3rd quarter
- RailAmerica's carloads up 2.3% in October
- Globe Express Services expands LCL service
- Pilot Air selects Fabiano as director of international sales
- Embarcadero opens office in Rotterdam
- Bonner: Aid for WCO security program on its way
- Report calls for CBP, ICE to merge
- MOL Logistics launches subsidiary in Vietnam
- Study says Panama Canal expansion no fix for congestion
- New Orleans puts out call for drivers
- Port of Seattle bonds upgraded to AAA
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| NOVEMBER 11, 2005 |
- Russian vessel caught in Estonian zone
The Russian research vessel "Pyotr Kottsov" was on November 10, caught by the Estonian border guard service in the Estonian ...
- Another bulk carrier grounded on Hatter Reef
The Panama-flagged bulk carrier "Ever Mighty" ran aground on Hatter Reef on Route Tango during a transit voyage from ...
- Going slow but no strike on St Petersburg tugs
The tug company Portovy Flot in St Petersburg reports that work is carried out as usual on the company’s tugs ...
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| NOVEMBER 11, 2005 |
- Jamaica ends week on a roll
A run of enquiries keeping Jamaican suppliers busy in softening market.
- Brazil prices soften, avails tighten
Prices in major Brazilian ports heading lower with avails from major supplier tightening.
- LUKoil to form new specialised lubricants subsidiary
New lubricants subsidiary to assume functions for production and marketing of lubricant oils.
- Base oil plant to remain offline into December
Reports indicate that Group I plant is now not expected to restart until early to mid-December.
- Rotterdam bids/offers $4-8 apart at noon
- New style ARACON invites bunker industry's views
ARACON offers a fresh new bunker conference that welcomes your direct input.
- Showa Shell turns to exporting distillates
Showa Shell Sekiyu has become an exporter of middle and light distillates following a business alliance with AOC Holdings.
- Shipping lines to raise cost on high bunker prices
Surging bunker fuel prices will soon see Neptune Orient Lines and 11 of the largest shipping lines increase their costs of shipping cargo to the US in 2006 by 7%.
- Vitol: Singapore is 'balancing factor' for China's oil demand
As a fuel oil export market, Singapore maintains a couple of advantages over South Korea and Russia, trading manager of The Vitol Group says.
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