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| JANUARY 17, 2005 |
Shipping News
- US jams may push lines to Canada, Mexico
SHIPPING companies faced with delayed cargo because of bottlenecks in southern California ports are searching from Alaska to Mexico for alternative ports to handle goods from Asia.
- C$195m plan to lure lines to Canada's Prince Rupert port
THE Canadian port of Prince Rupert is aiming to handle 400,000 TEUs by next year and is investing C$195 million in a plan to attract shipping companies.
- Stolt-Nielsen wins anti-trust amnesty
A judge has ordered the US government to honour an amnesty deal with a Norwegian shipping company in connection with a possible price collusion, anti-trust case in the tanker industry.
- Blueprint to develop S'pore as global maritime centre
- 32 Chinese stowaways found in boxes at Port of Los Angeles
Admiralty Casebook
- Claim over crew negligence rejected
IT is not often that a vessel owner would argue that its chief engineer's negligence caused an engine failure on its ship, but this is exactly what happened in a recent case in the Singapore High Court involving a RM5 million marine insurance claim.
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| JANUARY 17, 2005 |
- Storm damage extends delays on west coast rail lines
- "K" Line sets up agency in Austria
- Merchants Logistics to build US$6m distribution hub in Chongqing
- Multi-billion yuan plan to develop port in Jiangsu
- DHL wins awards in Philippines for throughput volume
- GAC Shipping marketing team shuffled
- AA Chairman welcomes HK Chief Executive's policy address
- China Southern maintains tsunami relief
- FRA sees growth in throughput for 2004
- NWA to fly between Detroit and Bermuda
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| JANUARY 17, 2005 |
- S. S. Rangnekar given addl charge as Director, Finance, in SCI
- EU may extend GSP benefits to Indian textiles even in post-quota era
- CoPT hopes to ink ICTT pact with DPI this week
- SER hauls more freight
- Ministries differ on allowing pvt sector to transport box traffic
- Logistics experts stress need to develop quality transportation services
- India, US agree on liberalising aviation pact
- DGFT clarifies norms for eligibility of deemed export benefits
- Economists make strong pitch for speedy tax reforms, focus on FDI
- Exporters upset at I-T Dept’s DEPB claims with retrospective effect
- Baddi pharma units to enjoy 10-yr tax holiday
- Vibrant Gujarat 2005 Summit attracts firm offers of Rs 15,500 crore for investment in port projects in Gujarat
- 212 MoUs initialled involving investment of Rs 1,06,161 crore!
- Liberal labour policy, shift in SEZ mechanism stressed in NCAER study
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| JANUARY 14, 2005 |
- World Fuel Services appoints new chief financial officer
Robert Tocci, formerly President and CEO of the company's marine division, set to replace Frank Shea in WFS board reshuffle.
- Istanbul: Fog affecting bunkers, pushing freight rates higher
Bunker suppliers in the Istanbul bunker market today said that fog was badly affecting logistics due to Straits closures.
- Focus switches to Yanbu refinery in Singapore sodium case
Traders in the Singapore market are said to be filing claims against the operators of the SAMREF refinery in Yanbu after a series of off-spec cargoes entered the market.
- Rotterdam continues firm with crude
- Iraqi-Malaysian bunker venture awaiting government approval
The 50-50 joint bunker venture between Iraqi and Malaysian partners is ready to go ahead as soon as the oil ministry grants approval. The venture is just the first phase a larger expansion plan.
- Fujairah container operations, bunkering boosted by new deal
World's third largest bunkering centre looking to expand on previous successes with Dubai Ports International container deal.
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| JANUARY 14, 2005 |
- APS selects AeroScout's active RFID solution for yard management
- Czech Republic to introduce truck toll
- Amag commissions Swisslog with warehouse extension
- Toll Collect enhances service
- Airbus centre prepares for Airbus A380 rollout
- Port of Dunkirk with a new record
- Exel strengthens German management team
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| JANUARY 16, 2005 |
- Hijacked tug and tow found, but crew missing
- Bahamas pays its IMO contribution
- Panama Canal introduces new oil spill plan
- US court restores Stolt-Nielsen prosecution immunity
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| JANUARY 15, 2005 |
- U.S. to have enhanced tsunami warning system
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| JANUARY 14, 2005 |
- Coast Guard inspection finds stuffed endangered sea turtles
- Container group offers free online box course
- Trust sells Greenbrier stock to distribute to local charities
- Port of Portland schedules additional airport noise meetings
- UPS places order for 10 new Airbus planes
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| JANUARY 17, 2005 |
- IMO pleads for help with tsunami recovery work
INTERNATIONAL Maritime Organisation secretary-general Efthimios Mitropoulos has appealed to representative bodies to urge their members to make ships available to help rebuild south Asia’s network of navigational aids ravaged by the tsunami.
- Offen back for another six vessels
GERMAN owner Claus-Peter Offen has ordered six 1,800 teu ships worth € 38m ($50m) each and placed an option for 14 more at Hyundai Mipo yard in South Korea, write Herbert Fromme in Cologne and Sam Chambers in Hong Kong.
- Economou aims to raise $110m from DryShips’ Nasdaq IPO
GEORGE Economou’s dry bulk shipping company, DryShips, has revealed plans to raise an estimated $110m through an initial public offering on the Nasdaq exchange.
- Nedlloyd shares back on track
P&O Nedlloyd shares moved briskly ahead late last week following a series of presentations by top management that lifted confidence about company prospects.
- PT Arpeni plans Jakarta exchange flotation
INDONESIAN shipowner PT Arpeni Pratama Ocean Line is planning an initial public offering on the Jakarta Stock Exchange to fund its fleet expansion.
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| JANUARY 14, 2005 |
- Bonus for C-TPAT-plus players
FAST-TRACK Customs treatment is the prize that awaits importers who employ the highest security policies, according to the head of US Customs and Border protection
- Clarksons to purchase Italian broker
UK broker Clarksons has signed a preliminary agreement to purchase Italian broker Ferrobulk of Genoa
- PSA looks to Sines again
PORT of Singapore Authority (PSA) is holding fresh negotiations for a joint venture or takeover bid at its container terminal XXI at Sines in southwest Portugal
- Head of Kenya Ports arrested
- Gail floats global tender for LNG
- DryShips goes public to expand
- Tschudi & Eitzen complete separation
- Volgotanker appeals to Putin
- SCI finance director fired
- French continue to catch polluters
- Korea braces for port rivalry
- Reclamation row to be resolved
- China plans sea tunnel to Taipei
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| JANUARY 14, 2005 |
- U.S. mulls supply chain contingency
Washington wants to avoid total shutdown if terrorists attack the supply chain, a senior Customs official said.
- LA-Long Beach targets 'free time'
With the reputation of the Southern California port complex tarnished by months of congestion, the two ports are taking aim at abuse of container dwell time.
- Charter rates soar again; deals dry up
- Cold delays Vancouver rail shipments
- WTO creates panel to rule on US-Canada lumber dispute
- LA to get inland container depot
- No stopping rail carloads
- Charleston waives fees on tsunami aid shipments
- Panama Canal imposes fee for oil-spill fund
- MARAD awards new MSP contracts
- Marshall, former MOL U.S. executive, dies
- U.S. a $25.7B warehouse market: Study
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| JANUARY 14, 2005 |
- US embargo hits Indian textile exports
A US government embargo on certain categories of Indian textiles and garments has resulted in shipments ‘bunching’ in US ports, leading to an estimated Rs300-350million (US$6.88-8.02million) losses for Indian exporters.
- New HK-Shenzhen goods traffic bridges open next week
The Hong Kong Government announced today the opening of two cross-border infrastructure projects designated for goods vehicles on January 19.
- China plans on highway linkage to Taiwan
- Easternmost EU port to open in mid-2005
- Hatsu offers more port calls in anticipation of port congestion
- C-TPAT importers invited to the green lane
- Gwangyang lowers annual throughput target
- MCCI seeks Chittagong sale
- Taichung to operate as Taiwan's third free trade port
- More ships join the world's fleet
- New services boost Dunkirk volumes
- Gothenburg growth will be feeder-led until late 2005 at earliest
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| JANUARY 14, 2005 |
- MPC takes series to six
Kiel's HDW shipyard has won a post-merger civilian order.
- Shell snubbed again
India refuses new request from oil major for a shipping contract to go with its Hazira LNG terminal.
- Coscol bullish on profits
Chinese heavy lift and ro-ro specialist expects earnings to have trebled during 2004.
- NITC to build 'four to six' LNG ships
Iran will cooperate with India over tankers to run new LNG train between the countries.
- Economou files IPO
US initial public offering to go ahead this month as Greek owner looks to raise over $100m.
- General Lee sobers up
A Panama-flag freighter has passed a fire drill on second try and the master is said to be sober.
- Storm stops Color ship
Hurricane strength North Sea winds stopped the Kiel-Oslo ferry for the first time in 45 years.
- Aker firms up gas-ferry deal
Innovative ships will be delivered to Fjord1 in 2006.
- Russia to offload St Petersburg stake
Steel entrepreneur Vladimir Lisin could take full control after government mulls disposal of 49% holding.
- Newbuild debut for Eukor
Wallenius and Wilhelmsen-owned car carrier giant orders first ships in its own name, at Hyundai Heavy.
- Boxship six-pack for Mipo
Claus-Peter Offen is packing smaller vessels into a monster orderbook.
- Fesco price named
Bidders welcomed for 20% state stake in Russian owner, starting at RUR 1.33bn.
- Very cordial entente
Singapore and Malaysia best of pals after agreeing to share and look after Straits of Johor.
- Aker takes arctic partners
Wartsila, ABB and Aker Kvaerner join Finnish yard group to develop ice-class ship designs.
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| JANUARY 15, 2005 |
- CSAV stockholder sets sale price for 18% stake
- MISC confirms commitment to liner trade
- Lloyd Triestino may change name
- "K" Line sets up agency in Austria
- Fraser joins CMA CGM (UK) Ltd.
- U.S., India start "open skies" talks
- United Airlines to add Chicago/Hong Kong nonstop flights
- RSPA to hold meeting on air transport of lithium batteries
- Union Pacific service disruptions may last two weeks
- TSA issues final rule for commercial driver hazmat fees
- U.S. intermodal starts year with more traffic growth
- Stein to lead BACM
- CBP unveils CSI expansion plan
- Bonner says he'll stay on -- for now
- Bush administration presses China for increased IPR protections
- U.S. requests WTO panel to resolve EU Customs differences
- DHS envoy to help manage EU relations
- Schmitz to be U.S. candidate for WCO post
- ITC releases fifth sub-Saharan Africa trade and investment report
- Port of Longview opens industrial rail corridor
- Kalmar offers low-emission yard cranes
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| JANUARY 14, 2005 |
- Wärsilä takes over Deutz’ marine business
Deutz has decided to leave the marine engine sector. Wärtsilä will buy the German company’s medium and large marine engine ...
- Record pax numbers on "Stena Saga"
Passenger numbers on the Stena Line route from Oslo to Fredrikshavn were up seven per cent last year to 592,000 ...
- Norfolkline moves to Vlaardingen
Norfolkline is to move its main terminal in Holland to another location much closer to the industrial centre of Rotterdam ...
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