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28 September 2020 The on-line newspaper devoted to the world of transports 03:52 GMT+2

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The Business Timesweb site
MARCH 21, 2005
Shipping News
  • Asian shippers slam lines for rate hikes
    A newly formed Asian group of shippers has slammed shipping lines for taking advantage of the high demand for their services to keep on increasing freight rates.
  • Boat traces ancient China voyage
    GRAND ceremonies were held here on Saturday to welcome a sailboat that has accomplished a 23,150-km voyage tracing the journey of a prestigious Chinese ancient voyager.
  • Tsunami wrecks Sri Lanka's hope of maritime museum
    MARINE archeologists spent nine years trawling the seabed of Sri Lanka's Galle port to collect thousands of centuries-old treasures buried underwater in shipwrecks.
  • M'sian inland port near KLIA planned
  • Royal Caribbean president to leave

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Sched Netweb site
MARCH 21, 2005
  • Coscon to amend Asia/Europe services
  • U-Freight builds facility in Portugal with partner
  • "K" Line management changes on the way
  • Multi-modal facility in Dubai to open in 2007
  • DHL captures US$80m logistics contract
  • Dragonair Cargo to embark on first transpacific service
  • Tianjin airport to be expanded to meet 2008 Olympic demand

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Exim Indiaweb site
MARCH 21, 2005
  • IRISL plans having greater presence in India
  • Rate hikes on the horizon for Straits/NZ trade
  • Kandla, Mundra Ports geared to play major role in raw sugar imports
  • Belgian Mission keen on JNP's development projects
  • Kerala govt to float reworked tender for Vizhinjam port project by April 20
  • Schenker India GM emphasises need for strong operations base
  • Liladhar Pasoo Forwarders clears 1st import consignment at CFS-Chhani
  • CONCOR effectively connects ICD-Tirupur with Tuticorin Port
  • India, China agree on increasing air connectivity
  • Rlys to step up wagon acquisition
  • Steel companies set to jack up prices
  • Fieo urges Kamal Nath to keep exporters out of VAT, service tax net
  • Coffee export cess goes
  • Coir exports racing to exceed fiscal target
  • MoF debates allowing core sector SPV to borrow overseas funds
  • PM sees GDP growth of 8 pc in 2005-06
  • G-20 to seek elimination of all agricultural export subsidies at WTO
  • CII meet with Robert Blackwill today

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The Bunker Bulletinweb site
MARCH 18, 2005
  • Prices soar as SMP ceases sale bonanza in Houston
    Oil major reverses its controversial marketing strategy of selling product far below competitors' levels, contributing to Houston prices jumping over $30 pmt in three days.
  • Hong Kong traders riding on higher demand from containerships
    Containerships in Hong Kong clock a higher enquiry in view of the rising oil prices, but some traders are still reporting weak demand.
  • Rolls-Royce eyes bunker tanker market
    Rolls-Royce aiming to take advantage of single-hull phase out legislation with tankers aimed at the bunker market.
  • Another tanker owner under investigation for pollution offences
  • Transport commissioner defends EU directive on pollution
    EU transport commissioner defends EU directive, denying criticisms of seafarer criminalisation.
  • Mexico warming to new marine fuel pricing system
    New pricing system could have inadvertent consequences for Mexican market with introduction of MARPOL Annex VI.
  • Analyst predicts Asian fuel oil imports to halve this year
    Conference delegates told that Asian fuel oil imports are set to drop from 700,000 bpd last year to 350,000 bpd this year.
  • Refiners urge use of abatement alternative
    Despite more interest in desulphurisation delayed coking units, European refiners say costs of $100-200 million per unit are prohibitive as marine demand for LSFO promises to surge.

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Maritime Global Netweb site
MARCH 18, 2005
  • Mitropoulos reminds EU green commissioner of unilateralism risk
  • Slow start for Marseilles port
  • Aker signs deal with Island Offshore

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Marine Logweb site
MARCH 20, 2005
  • Danish tug order for Canadian yard

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World Wide Shipperweb site
MARCH 18, 2005
  • Giant COSCO container ship visiting Port of Seattle today
  • Marcon sells tug for Western Towboat
  • Rail freight traffic has positive week
  • Port of Everett releases DEIS for North Marina Redevelopment
  • Continental gets DOT nod for flights to Beijing, China

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Lloyd's Listweb site
MARCH 21, 2005
  • Second Keppel FELs rig for Odfjell
    ODFJELL Invest has exercised an option for a second jack-up rig from Singapore's Keppel FELs as it expands its fleet, writes Marcus Hand in Singapore .
  • NCL close to Norway blast settlement
    NORWEGIAN Cruise Line is close to a $1m settlement, plus attorneys' fees, with the final five litigating Filipino casualties from the Norway boiler explosion, at the rate of $200,000 per seafarer, writes Rajesh Joshi in Miami Beach.
  • Diana Shipping's debut New York share offering five times oversubscribed
    DIANA Shipping, the Greek dry bulk group, has made its debut on the New York Stock Exchange with an oversubscribed $210.4m initial public offering priced at $17 a share.
  • Japanese energy firms in $385m deal to create LPG colossus
    A PROPOSED merger of the liquefied petroleum gas businesses of Japanese trading houses Idemitsu Kosan and Mitsubishi is set to create one of the world's largest very large LPG carrier fleets.
  • Cesma chief warns Barrot of crew crisis
    EUROPE'S shipmasters have warned Brussels of a global seafarer recruitment crisis if the European Union continues with proposals to criminalise maritime pollution infringements.

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Fairplayweb site
MARCH 18, 2005
  • Royal Caribbean boss resigns
    ROYAL Caribbean Cruises president and chief operating officer Jack Williams announced his resignation today after eight years with the company
  • Nymex to clear tanker futures
    NYMEX (New York Mercantile Exchange) will clear futures contracts in the tanker markets, a move that is likely to increase competition among clearing houses
  • Smyril-Fjord merger abandoned
    FAROESE ferry operator Smyril Line will not merge with Fjord Line to form North Atlantic Lines after shareholders voted against the move
  • Cardiff Marine 'in breach of ISPS'
    CARDIFF Marine is "fundamentally in breach of ISPS" for raising the ship's security level to deny the ITF access to the vessel, an ITF co-ordinator said today
  • Puerto Rico strikes cruise deal
    THE government of Puerto Rico has resolved a dispute with the cruise industry that had threatened the sector throughout the Southern Caribbean
  • James Fisher expands services
  • Smit looks at Rotterdam tow venture
  • Japan to boost Straits security
  • Gibraltar flags watchkeeping issues
  • Eurogate Hamburg growth soars
  • French catch polluting reefer
  • Hyundai MM wipes out losses

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The Journal of Commerceweb site
MARCH 18, 2005
  • California ports to raise charges
    Increases at Oakland (left), other gateways would be first general rate increase since October 2003.
  • Security, transport get $2.6B boost
  • Hanjin, Cosco Container expand Asia-Europe service
  • Portland near auto deal
  • Canada RRs want U.S. import traffic
  • Union Pacific to avoid Texas cities
  • Boardman to head FRA
  • B+H adds combo vessels
  • Three VPs for Pacer unit
  • Progress for Mich. hub plan

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Containerisation Internationalweb site
MARCH 18, 2005
  • NYK to keep hold of a Ceres Paragon revitalised by GA calls
    The Grand Alliance and other services will call at Amsterdam's Ceres Paragon Terminal, which is no longer up for sale, NYK executive VP Tadamasa Ishida revealed today.
  • Barge rates on the way up following RTT's appeal failure
    Hong Kong mid-stream operators are concerned that high barge chartering rates will impose pressure on operational costs, following the dismissal of the River Trade Terminal (RTT)'s appeal by the court today.
  • Rotterdam commercial director to keep strict control of environment
  • Samskip takes the train to Moscow on new sea-rail service
  • Competition too hot admits Tanzanian port authority
  • Transnet targets efficiencies with City Deep's SAPO link
  • Streamlining gives CHKY alliance slicker services
  • 'Dogmatic' UK implementation of insurance directive tips playing-field
  • Swire Shipping launches Indotrans Asia
  • Corrupt Korean union officers arrested
  • HMM appoints HIT president as director
  • Inchon to establish China offices
  • Geodis boosts operating profit 23.5%, but aims for healthier margins

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TradeWindsweb site
MARCH 18, 2005
  • Seacor in big tanker order?
    Newest Jones Act tanker player may be wasting no time expanding fleet with apparent order at Louisiana's Bollinger shipyard
  • Essar eyeing growth
    Indian owner rumoured to be negotiating Klaus Oldendorff's three VLCCs and two aframax tankers.
  • All about the tankers
    Seacor is paying a sharp premium for Florida's Seabulk International, but has overnight become the leading player in the US Jones Act.
  • MC Shipping to restart dividends
    LPG operator posts reduced profits after restructuring, but bullish for the current year.
  • Williams quits RCCL
    Cruise chief says charity causes spur him to end eight-year reign.
  • Diana hits high IPO note
    Greek bulker owner nails top price for US equity issue.
  • Good for Seabulk...
    ....not so good for Seacor.
  • Transpetro mulls 11 bids
    Brazilian groups pick their partners in race to win $1.9bn tanker orders.
  • MC green-lights buyback
    Company will repurchase up to 400,000 shares if price slides below 'acceptable' levels.
  • Petrolimex in the market
    State-owned Vietnamese importer looking to add two products tankers to fleet.
  • Fisher's fender bender
    UK shipping group buys two pneumatic fender businesses, broadening its marine services outlook.
  • Orey buys again
    Portuguese broker and agency snaps up forestry products logistics operation.
  • China Merchants' plans mature
    Chinese group reveals more details of new shiprepair yard in Shenzhen.

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American Shipperweb site
MARCH 18, 2005
  • COSCO, Hanjin to rationalize Asia/North Europe loops in June
  • MarAd's chief counsel resigns
  • Nicor names Strobel CEO
  • BA boss urges industry to unite to reduce emissions
  • Dragonair Cargo to start first transpacific flights
  • UPS board names BT's Verwaayen an independent director
  • BA appoints Marston
  • Bush names Boardman rail administrator
  • Saint Lawrence Seaway authorities amend vessel rules
  • CBP sticks to "green lane" timetable
  • Schenker sets up own Korean logistics center
  • Bush names Portman U.S. Trade Representative
  • Rodriguez named Chiquita's corporate responsibility officer
  • Senate budgets $150 million for port security grants
  • Long Beach port starts work on interchange to ease congestion
  • COSCO vessel largest to ever enter Puget Sound
  • Port of Tacoma promotes Emerson to senior director

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The Scandinavian Shipping Gazetteweb site
MARCH 18, 2005
  • No Fjord Line-Smyril Line merger
    The planned merger of Fjord Line in Bergen and Smyril Line in Torshavn on the Faeroe Islands is off and ...
  • New direct service to Finland and Russia
    K-Line European Sea Highway Services (KESS) is opening a direct ro-ro line from Bremerhaven/Cuxhaven to Finnish ports ...
  • Røkke in shipowning mode
    Norwegian industrialist Kjell Inge Røkke, who controls in Aker Yards, Aker Kvaerner and Kvaerner, plans to establish American Shipping Corporation ...

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