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| JUNE 20, 2005 |
Shipping News
- China's shipbuilding output set to rise 14% this year
CHINA is on its way to becoming the world's biggest shipbuilder as its shipyards increase production by 14 per cent this year and eye a larger global market share.
- IACS resolves rift over common tanker rules
A MEETING of senior classification society figures in Paris averted a serious rift in the International Association of Classification Societies.
- HK container traffic increases 1.8% in May
HUTCHISON Whampoa Ltd, Cosco Pacific Ltd and other operators of Hong Kong's port handled 1.8 per cent more containers than a year earlier in May, after China's rising exports to the US and Europe boosted shipments.
- China Shipping may sell shares in dry-bulk firm
- Bollore in talks to sell shipping arm to CMA
- Hanjin Shipping's May freight rate index rises
- Good times at the carnival
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| JUNE 20, 2005 |
- Evergreen mulls shipping business in Yangtze River
- APL launches new vessel in Shanghai
- Luo Kaifu re-elected CIFA president
- Yellow Roadway, Jin Jiang Investment announce China JV
- AP Moller-Maersk tops up stake in Royal P&O Nedlloyd
- CMA, Bollore to discuss deal
- Three NYK Ships awarded for Marine Weather Watch contribution
- Pacific Freight awards sales manager
- ICTSI signs 20-year Madagascar container handling concession
- China Airlines takes delivery of Airbus
- Malaysia Airlines upgrades flight operations of entire fleet
- Swiss WorldCargo appoints new VPs and GMs
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| JUNE 20, 2005 |
- Need for increased pvt. investment to augment capacity in ports, shipping sectors stressed
- Clarion Solutions announces freight forwarding/logistics service to Africa
- A.P. Møller-Maersk A/S to acquire 2 m more shares of Royal P&ON
- Chinese woven fabrics face dumping duty
- RasGas team coming to assess Petronet offer of 10 pc stake in LNG project
- Private domestic, foreign players to be allowed to deepen port channels
- Global dredging giants participate in Sethu project pre-bid meeting
- Rlys’ revenue earning freight up in may
- Railways initiates steps to improve availability of wagons
- Board of Trade forms 5 groups; reports by Aug.-end
- PM fixes 5-yr $ 500-bn export target
- Cabinet clears way for DTA pacts with Serbia & Montenegro and Portugal
- Exporters now fancy long-term letters of credit to optimise earnings
- Move to hike export credit rate upsets EEPC
- Come, set up shop in Illinois, invites official
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| JUNE 17, 2005 |
- Management re-shuffle at Swiss World Cargo
- Maersk buying P&ONL shares from Fidelity
- Slovak airport privatisation proceeding apace
- Netherlands to make small transporters safer
- Deutsche Post World Net now in public ownership
- IRU: Fréjus fire underlines need for twin tube tunnels
- Xata introduces Xatanet 3.0
- Fiata World Congress 2005 in Moscow
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| JUNE 17, 2005 |
- ICS urges owners to lobby against EC power grab at IMO, UNLCOS
- Intertanko welcomes IACS rules decision
- Videotel teams up with IMO in port security initiative
- Liberian flag CEO says open registers are a "necessity"
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| JUNE 17, 2005 |
- Austal wins patrol boat order
- DD(X) has a weight problem
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| JUNE 17, 2005 |
- Port of Tacoma speeds up Endowment Chair payment
- Rail freight sees gains for week ending June 4
- Wings of Freedom planes heading to Port Angeles airport
- Seattle-Tacoma Airport adds more hourly parking
- Washington State Ferries expects big Fourth of July turnout
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| JUNE 20, 2005 |
- Oslo re-listing could value Bergesen in excess of $1.5bn
Investors will soon be offered the opportunity to invest in the world’s leading gas shipping company following the Sohmen family’s plans to re-list Bergesen on the Oslo Stock Exchange.
- CMA CGM in exclusive talks to buy Bolloré shipping unit
FRENCH shipping giant CMA CGM ended weeks of speculation late Friday by confirming it was in exclusive negotiations with compatriot Bolloré Group to buy its shipping activities. The two groups will finalise negotiations by the end of July, CMA CGM said.
- Pertamina aims to double fleet size
INDONESIA’S state oil and gas company Pertamina wants to double the size of its owned fleet to cover 40% of its shipping requirements, writes Marcus Hand in Singapore.
- Markets coverage looks to the future
LLOYD’S List is taking a punt on the futures market with the inclusion of Forward Freight Agreement data on its markets page, writes Neville Smith.
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| JUNE 17, 2005 |
- US fine for oily water separator
BOTTIGLIERI di Navigazione, the Italian shipping company, has joined the growing list of firms to run foul of a US Coast Guard oily water separator charge
- Shell's new Admin Officer welcomed
SHELL has formally announced the rank of ‘administration officer’ to serve on board its tanker and gas carrier fleet
- Seacor investigated
THE share price of US offshore owner Seacor Holdings slipped in after-hours trading last night after the company revealed it had received justice department subpoenas
- Good times here to stay
THE shipping bonanza is here for the long term, despite the likelihood of a moderate correction, according to the near-unanimous forecast at the Marine Money conference
- Brazil strike turns into go slow
- Debate over dividends
- Piraeus action escalates
- Call to block EU membership at IMO
- S Korea-China accident agreement
- Bergesen to list as gas specialist
- Viking Line can re-flag
- Seawheel clarifies sale rumours
- APM now holds 9.4% of RPONL
- CMA CGM closes in on Delmas
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| JUNE 17, 2005 |
- APL expands U.S. all-water capacity
Carrier launches APL Virginia, the sister ship to APL New York (left) as part of new NSX trans-Pacific all-water service to U.S. East Coast.
- CMA CGM in Delmas
- Ports cheer Senate Corps funding
- JoC offers PierPass teleconference
- Eurogate eyes Chinese market
- Coal, ore rates tumble
- Yellow Roadway in China venture
- Woes for Calif. bulk port
- Bergesen plans IPO
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| JUNE 17, 2005 |
- Port users flock to register for PierPass
More than 1,000 port users have already registered for PierPass, the new off-peak night and weekend programme designed to reduce congestion at the ports of Los Angeles and Long Beach.
- CMA CGM and Bolloré begin exclusive negotiations
Delmas and OT Africa Line (OTAL) parent Bolloré Group and CMA CGM have confirmed they have begun exclusive negotiations over selling Bolloré’s shipping operations to the international carrier.
- Shanghai finds another Toy Story
- Northern European ports growing faster, says ESPO
- Maersk restructures transpacific services
- Yang Ming makes changes to PSW-2 service
- APL deploys newbuild on all-water transpacific service
- Deurganckdok first-call bets are on the Cosco Dalian
- ‘2-K’ date set for July 22
- Hanjin freight index on the rise, along with intra-Asia rates
- Korea to establish ‘USN’ ports with US technology for container clearance
- X-ray scans Ulsan port
- PwC studies Tuticorin’s hub potential
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| JUNE 17, 2005 |
- Bergesen could float 'up to 50%'
Gas listing to take place within twelve months, as Sohmen-Pao talks of growing LNG fleet to 20 vessels.
- Gearbulk gets stickier
A 10-year charter to carry liquid pitch for Dubai Aluminium is behind Norwegian- Japanese Gearbulk's newest tanker.
- Alex ascends at Wilhelmsen
Son of Arne takes over from Arvid Grundekjon at the top of Norway's Anders Wilhelmsen.
- D-Day for Gdynia
Crucial shareholders’ vote on Monday could force Polish yard into bankruptcy.
- Bergesen confirms gas listing
Norwegian owner will float LNG and LPG interests in Oslo within next 12 months.
- Concordia clinches Hess charter
Five of six P-Maxes on order in Croatia now tied up with period cover.
- More Wilh Wilh out of Norway
Unstable and uncompetitive conditions in Norway are driving 15 car carriers to the UK.
- Keppel newbuilding seized
Anchor handler undergoing sea trials detained after allegedly straying into Indonesian waters.
- Tonnevold numbers up
Grimstad owner posts healthier profit for 2004.
- Inside job
Two crewmen from the hijacked Nepline Delima have been arrested on suspicion of complicity.
- Seacor in chopper bother
US supply ship owner subpoenaed by US Justice Department in antitrust probe into helicopter services.
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| JUNE 17, 2005 |
- CMA CGM in talks to acquire Delmas
- Maersk buys P&O Nedlloyd shares ahead of bid
- International Chamber of Shipping fear proposed EC membership of IMO
- APL launches another 5,040-TEU ship into Asia/U.S. East Coast trade
- MCC Transport to start Southeast Asia/Haldia, India loop
- DHL receives approval for German mail-order load operations
- Boeing sells Kansas, Oklahoma airplane operations for $900 million
- Cathay Pacific adds third daily Hong Kong/Los Angeles flight
- STB asks railroads for plans to address peak season surge
- CBP expands availability of truck manifest
- Senate Appropriations OKs $5.3 billion for Corps Civil Works Program
- Intercontainer-Interfrigo reports declining traffic, losses
- Ag industry, relief groups defend American food-aid programs
- U.S. signs meat trade agreement with Russia
- NASSTRAC names leaders
- Forecasters predict less congestion at U.S. West Coast ports
- Corpus Christi port seeks proposals for container facility
- AAPA will hold security seminar July 27-29
- Hong Kong container traffic creeps up 1.8% in May
- Thamesport handles 8,100-TEU ship
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| JUNE 17, 2005 |
- Restrictions for Peugeot cars on board Danish ferries
Danish ferry operators Samsø-Linien and DFDS Seaways have notified private car owners that there will be restrictions for Peugeot ...
- Eukor and Grimaldi in unique port deal
Eukor Car Carriers Inc, Grimaldi Compagnia di Navigazione Spa, Grimaldi Maritime Agencies Sweden AB and STL – Sweden Transport & Logistics Shipping ...
- Concordia secures long-term charter for fifth P-MAX
Concordia Maritime has secured a five-year time charter for a P-MAX tanker to be delivered from the shipyard ...
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| JUNE 17, 2005 |
- North American market braced for price rises
Suppliers expecting prices to firm on the back of rising crude, but market stays steady in key ports today.
- Report: Marine fuel smuggling rife in Turkey
Government report claims up to 800,000mt of marine fuel smuggled into country every year from neighbouring countries.
- Rotterdam barging "next to impossible" as congestion chokes port
Despite new terminal launches this year, deliveries schedule described as a "total mess" amid buyer calls for more storage access.
- Malta state-owned shipping company and bunker broker for sale
Sea Malta sale to Grimaldi Group being finalised, according to reports.
- List of chemical components in bunkers 'virtually endless'
DNVPS boasts an unparalleled pool of fuel testing data and firmly believes the company has the know-how to make full use of modern technologies, yet the world's biggest fuel testing agency maintains a cautious approach to routine screening of fuels for unusual contaminants.
- Polish marine distillates turn green
New rule, requiring green dye to be added to marine distillates, is believed to be an effort by Polish tax authorities to prevent black market sales of these products.
- Chemoil launch 'new generation' bunker barge in New York
Chemoil says New York's growing bunker market will see the imminent arrival of what it claims is the first 'new generation' bunker barge to be announced in any major US port.
- ARA market firms further Friday morning
- Indonesia: Police seize ship on suspicion of illegal supply
A ship was seized by Indonesian police for allegedly trying to supply diesel fuel to foreign industry.
- 20 newbuilds to boost UAE owner's bunkering fleet
UAE-based company is adding 20 new bunkering tankers to its fleet with deliveries starting from next year, reports said.
- Increased output unlikely to cushion oil prices
OPEC officials reiterate that higher quotas are unlikely to push down oil prices due to refinery bottlenecks and lack of spare production capacity.
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