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07 August 2020 The on-line newspaper devoted to the world of transports 23:54 GMT+2

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The Business Timesweb site
MARCH 17, 2005
Shipping News
  • Int'l piracy watchdog calls for action to nab kidnappers
    THE International Maritime Bureau yesterday warned that violence is on the rise in the Malacca Strait and urged law enforcement agencies of Indonesia, Malaysia and Singapore to act to nab the pirates involved in three blatant attacks on shipping in the past two weeks.
  • Shipbroker Clarkson's H2 profit up 58%
    CLARKSON, the world's largest shipbroker, reported a 58 per cent increase in second-half profit, as growth in Asian trade and oil production drove up demand for vessels.
  • Australia's Freemantle Ports supports training ship
    SINGAPORE can learn from the experience of Fremantle Ports in supporting a training ship, the Leeuwin, which has spurred many young people in Australia to a maritime career.
  • EU ports meet security rules 8 months after 2004 deadline

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Sched Netweb site
MARCH 17, 2005
  • HK Q4 container throughput rises 4 per cent
  • Canadian government spends on east coast port security
  • HK govt introduces new multi-crossing permit
  • Coastal Maritime to move to larger Jaxport site
  • P&O Nedlloyd christens its largest vessel
  • Carrier establishes regional distribution centre in Singapore
  • FPS invests US$5 million in Mauritius operation
  • BAF to go up in April for Australia trade
  • Qantas to boost Sydney-Hong Kong-London service
  • DHL-Lufthansa Cargo to set up life sciences logistics centre
  • FedEx legal eagle Masterson to step down in June

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Exim Indiaweb site
MARCH 17, 2005
  • Proposal to buy 18 new ships forwarded to govt, says Srivastava
  • Nhava-Sewri sea link gets 'green' signal
  • Chennai Feeder operators announce rate restoration
  • Phenomenal surge in soyabean oil imports
  • Over 200 countries prescribe to Indian drugs: Minister
  • NEERI report allays environment fears over Sethusamudram project-Baalu
  • Mumbai Port reiterates stand on IPBCC's Congestion Surcharge
  • Direct clearance for green channel boxes at ports permitted
  • Rly Ministry yet to formulate policy for pvt. sector to run CONCOR-type operations
  • Plea to amend Competition Law
  • New drawback system blunts competitive edge, aver garment exporters
  • Assocham seeks full export proceeds convertibility for EEFC account holdersx
  • Better deal for exporters coming, assures Commerce Secy
  • Duty drawback panel to submit report by April 15
  • CII official optimistic of India's GDP growth overtaking China's
  • Granaries estimated to get 4 m tonnes more

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The Bunker Bulletinweb site
MARCH 16, 2005
  • UK IBIA members call for clarity on MARPOL Annex VI
    In an open letter published through IBIA, UK members raise 'practicality and safety' concerns over the alignment of MARPOL Annex VI with regional regulations for merchant shipping.
  • Reports: Off-spec Jebel Ali fuels originated in Iraq
  • Fujairah demand muted despite massive differentials
    As prices across major markets have hit record highs, differentials have widened significantly in favour of Fujairah although demand remains at half-pace.
  • Traders report acute shortages in Japan amid record prices
    Japanese traders struggling to meet requirements in tight market, while prices hit new highs.
  • Saudi Arabia pushing for higher output ceiling
    Saudi Arabia has proposed to increase oil output levels by 500,000 bpd while OPEC will meet today to decide the final outcome.
  • Salvage Union: 700,000 mt of polutants recovered in 2004
    More than 700,000 metric tonnes (mt) of pollutants were recovered during salvage operations in 2004, 13% of which (almost 100,000 mt) was bunker fuel, says the International Salvage Union (ISU).
  • Titan reiterates oil storage plans for Singapore
    Titan reiterates storage plans for Singapore and elaborates on storage options on Malaysia.
  • Refiners: Europe headed for a glut of heavy fuel oil
    Refiners to be saddled with large surplus of heavy fuel oil as utilities and ships are forced to pursue alternative fuel options

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International Transport Journalweb site
MARCH 17, 2005
  • Terion adds solar option to trailer-tracking technology
  • Ambitious projects mark Morocco-Senegal partnership
  • Merchants Logistics invests in China
  • RSC launches new Seine container service
  • UPS closing ex-Menlo US airfreight hub
  • Finnlines named for Stora Enso's Kotka-Gothenburg-freight service
  • Jansen confirmed on Lufthansa Technik board

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Maritime Global Netweb site
MARCH 16, 2005
  • Record results for Clarksons
  • Bulker dispute "over"
  • Seatruck Ferries to double Irish Sea capacity
  • Multiport expands

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Marine Logweb site
MARCH 16, 2005
  • Bollinger to build products tankers?
  • MSC contract for Maersk Line Limited
  • B+H takes delivery of combi carriers
  • Canada funds port security projects
  • EC approves shipbuilding innovation aid schemes

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World Wide Shipperweb site
MARCH 16, 2005
  • Sides reach tentative deal for WSF onboard food service
  • Canadian Pacific Railway buys Green Goat locomotives
  • Seattle Coast Guard Auxiliary unit celebrates 65 years of service
  • Customs nabs fujitive riding rails into US
  • Electric Boat wins contract for US Navy submarine work

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Lloyd's Listweb site
MARCH 17, 2005
  • Attica denies HS stake increase
    GREEK ferry company dismisses reports it may be poised to increase a recently acquired stake in coastal ferry giant Hellenic Seaways.
  • Brown budget buoys British shipping
    BRITISH shipping yesterday received another boost from its government. In his annual budget Chancellor Gordon Brown put a '5m ($9.56m) a year price tag on earlier pledges to extend the tonnage tax system.
  • Tax times tweaked to up North Sea spoils
    THE British Treasury is expecting to milk another '1.1bn ($2bn) from the North Sea oil industry by changing the timing of corporate taxes as announced in yesterday's Budget, writes Martyn Wingrove.
  • Imabari snaps up Watanabe
    JAPAN'S Imabari Shipbuilding has snapped up a mid-sized neighbour, Watanabe Shipbuilding Co, which will become a fully owned subsidiary as of April 1.
  • Brussels witch-hunt may deter salvors offering aid, says ISU
    THE European Parliament's decision in favour of criminalising marine accidents may deter salvors from offering assistance to vessels threatening pollution, the International Salvage Union has warned.
  • Excel Maritime raises $123m to fund fleet growth
    EXCEL Maritime Carriers, the American Stock Exchange-listed dry bulk company, has raised $123.8m through an equity issue to fund its fleet expansion, in accordance with the prospectus issued last week.
  • Opec pumps up output to curb prices
    TANKER owners will receive a boost from the Organisation of Petroleum Exporting Countries' decision yesterday to increase production and exports by 2% in April.

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Fairplayweb site
MARCH 16, 2005
  • Norwegian Cruise Line to go public
    NORWEGIAN Cruise Line (NCL) is planning to raise equity on US public markets either this year or next, chief executive Colin Veitch has confirmed
  • Fujian plans massive port expansion
    CHINA'S south-eastern province of Fujian, which faces Taiwan, is boosting both container and bulk handling facilities
  • STX Pan Ocean profit surges
    STX Pan Ocean increased its turnover by 31% to W2.6Tr ($2.6Bn) in 2004, which helped its net profit increase to W211Bn
  • Titan tows bulker away from reefs
    FLORIDA-based salvor Titan Maritime has been appointed to rescue the drifting bulk carrier Gabrielle from the reefs off Cat Island in the Bahamas
  • Berths for new Estonian port
    SILLAMÄE in Estonia has signed agreements with four companies to build and operate terminals at the port, which is currently under development
  • NYK caught in Leonhardt-ITF dispute
    LEONHARDT & Blumberg, the company controlled by German owner Frank Leonhardt, is refusing to back down in a row with the ITF over one of its container vessels
  • Criminalisation may deter salvors
  • Lunde to move DVB into new sectors
  • Transnet denies ports chief probe
  • Clarksons reports pre-tax of £20M
  • DVB predicts shipping fall in 2007
  • Cardiff Marine forced into ITF deal
  • Gulf of Naples route interruption
  • Celebrity poised for series order
  • Cruising's untapped upside

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The Journal of Commerceweb site
MARCH 16, 2005
  • Shippers seek service guarantees
    Importers fear repeat of 2004 delays, but carriers unlikely to negotiate assurances.
  • Horizon hikes fuel, intermodal surcharges
  • NY-NJ port boosts warehouses
  • Pasha enters Hawaii trade
  • Report: Free-traders few in Congress
  • Progress for Senate highway bill
  • Cathay: No Air China merger
  • Record Clarksons profit
  • Box jam at Colombo

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Containerisation Internationalweb site
MARCH 16, 2005
  • Deurganckdok may alter Antwerp's modal split in multimodal Duisport's favour
    Duisburg has its hopes set on Antwerp's Deurganckdok for finally getting Antwerp rail-container traffic off the ground, improving the ratio of Duisburg's Rotterdam/Antwerp rail-containers from 5:1 to 5:4.
  • Shortsea's reach lengthens in US Gulf
    Volume-growth from Asia is driving the development of shortsea shipping, as port congestion on the US West Coast spills over to other gateways, according to Osprey Lines' president Rick Couch.
  • Point-to-point demand to support charter-class vessels
  • China volumes sustain growth
  • Malaysian railways push Trans-Asian link
  • Labour disruption threat subsides at Canadian National Railway
  • Inland Duisburg becomes third-biggest German port
  • Roadfreight players welcome freeze
  • Kwai Chung growth sucking up excess capacity
  • Patrick to buy FCL in freight expansion
  • Delhi revives SCI share sale
  • Asia-New Zealand rates rise in two trades
  • Busan New Port will add 30 new berths by 2011

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TradeWindsweb site
MARCH 16, 2005
  • SSY goes online with wet FFAs
    UK broker to offer screen trading in tanker freight derivatives, to add to dry cargo service.
  • Feds probe Genmar
    Department of Justice conducting grand jury inquiry of possible waste oil discharge from Genmar Ajax.
  • Seatruck goes to Spain
    Clipper's Irish Sea freight operator orders two ro-ros at Astilleros de Huelva to replace older vessels.
  • Deadline time in Brazil
    Transpetro presses ahead with today's application cutoff amid lingering lawsuits over 'virtual' shipyards in $1.9bn project.
  • Clarksons profits from boom
    UK shipbroker's 2004 earnings grew as shipping markets soared.
  • Excel whips up $120m
    Wall Street gives Gabriel Panayiotides more money for ship purchases.
  • Consultant blasts LNG charterers
    Keith Bainbridge hits out at energy majors for shaving rates to bone and putting industry safety at risk.
  • Banks want a piece of Excel too
    US-listed company also inks $95m loan to meet 60% cost of four ships.
  • Star takes more newbuilds
    Oslo-listed reefer operator contracts for another pair from Nissen Kaiun.
  • Keppel seeks foreign conquests
    Singapore yard group eyes new acquisitions, particularly in Qatar and other Gulf states.
  • CMB confirms Dryships deal
    Belgian group sells panamax newbuilding to George Economou-led company for massive $51m.
  • Maas goes bankrupt
    Dutch shipbuilder in trouble as ING bank calls time on mortgage.
  • Chong stalks Vita
    Dredging veteran continues to lift share holding in fledgling Singapore shipowner and property group.
  • Investors leery of K Line plan
    Pricing of convertible bonds leads to slide in share price for Japanese owner.
  • Trico Marine reborn
    US offshore vessel operator announces new managerial set up as it emerges from bankruptcy.
  • Union resolves Flecha dispute
    Strike aboard Cardiff Marine panamax comes to an end after promise of back pay and repatriation.
  • Malacca attackers return
    After an absence of two months pirates resume kidnapping crew with three incidents in two weeks.
  • B+H takes combo trio
    US-based owner confirms delivery of three mid-1990's double-hull combination carriers.
  • Seven suitors in Brazil
    Some big foreign yards tipped for 42-ship Transpetro tender, as Korea's Daewoo, Hyundai, STX vie with Lisnav, Jurong, Gdynia.

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American Shipperweb site
MARCH 16, 2005
  • Horizon Lines increases vessel bunker, intermodal surcharges
  • Pasha joins U.S./Hawaii trade
  • U.S./Australasia discussion agreement ceases fumigation
  • U.S. State Department issues maritime warning
  • Continental Airlines files 10-K
  • Ukraine International Airlines signs agency deal with Globe
  • Air carrier safety, security results improve in 2004
  • Truck manifest achieves milestone
  • Canadian labor board green-lights 72-hour strike notice
  • Standard & Poor's places SIRVA's ratings on 'watch negative'
  • CBP finds fugitive on railcar
  • Aviamar joins United Shipping
  • ABX Logistics appoints Eshel
  • GAO: DHS relaxes quality standards to meet ACE milestones
  • CBP to stress C-TPAT evaluations for importers
  • ITC probes changes to U.S.-Singapore FTA rules for textiles
  • Exel picks ocean contract software from Descartes
  • U.S. wins geographical food names case in WTO
  • Parrett, Robinson named to top posts at USCIB
  • APM Terminals named preferred bidder for Apapa terminal
  • Canadian ports receive first-round security funding
  • Port of Tampa to buy 39-acres for $15 million
  • Fullen Dock starts stone shipping division
  • Port of Los Angeles promotes DiBernardo
  • Portland gets new port director

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The Scandinavian Shipping Gazetteweb site
MARCH 16, 2005
  • Mega-profit for J Lauritzen in 2004
    J. Lauritzen was much better off in 2004 and the company is also expecting this year, 2005, to be on ...
  • Gas tanker captain suffered nausea
    The captain of a Bergesen gas tanker suffered from nausea and collapsed as the vessel was about to enter Vlissingen ...
  • Evacuation lifeboats malfuntioned
    Oil workers were in potential mortal danger when evacuation after the blow-out from the Snorre A gas platform off ...

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