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| DECEMBER 21, 2005 |
- Investors chosen for Yangshan's second phase
- HPH opens new container terminal at Waigaoqiao
- TNT HK boss on mission `possible'
- P&O sells cold logistics unit to Versacold for US$322m
- CP Ships completes note offer for US$200m
- Shanghai airport to double cargo handling
- Air France may use A380 on India routes
- Qantas adds Christchurch to trans-Tasman freight services
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| DECEMBER 21, 2005 |
- More Asian cargo begins to move through Halifax
- A.P. Moller-Maersk to shift operations to Northport
- A.P. Moller-Maersk, 5 other container lines to maintain fuel levy to US
- AADA lowers bunker surcharge for China-HK-Australia trade
- Sethu project draws foreign currency loans
- Workshop on concept of General Average on Dec. 23
- SCI may take care of ONGC’s offshore vessel needs
- Indo-Pak maritime agreement on horizon
- Gateway Distriparks’ GDR issue oversubscribed
- Registration procedures for export units simplified
- IT exports swell by 32 pc
- Work poised to begin at Gangavaram port
- Mundra Port establishes new single-day record in steel coils handling
- CoS sub-panel still studying road toll issues
- Reliance too keen on stake in rail container cargo operations
- CONCOR’s ICD-Chinchwad clears 1st reefer container to JNP
- AP govt to introduce SEZ Bill
- Bombay Chamber calls for changes in tax structure
- Conference on ‘Towards Transparent & Accountable Governance’ today
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| DECEMBER 20, 2005 |
- TNT nominates new CFO
- DVB Bank expanding marine expertise
- Strong growth for Volga-Dnepr Airlines and AirBridge Cargo
- DFDS Transport acquires Transitas
- Deutsche Bahn wants to tie knot with Chinese logistics firm
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| DECEMBER 20, 2005 |
- P&O confirms approval of DP World bid
- Norsk Hydro to charter Farstad newbuilding
- Brazilian contract for Aker
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| DECEMBER 20, 2005 |
- Gulf Island Fabrication to acquire Gulf Marine Fabricators assets
- Management changes at Horizon Lines
- NY ferries gear for Transit strike
- "Magic pipe" costs MSC $10 million
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| DECEMBER 21, 2005 |
- MSC hit by $10m pollution fine as US gets tough
US PROSECUTORS have stepped up pressure on the shipping industry on the wilful discharge of oil sludge and falsification of related records by slapping a $10m fine — the highest ever on a single ship and the largest environmental fine in Massachusetts history — on MSC Ship Management (Hong Kong).
- Saadé to take over liner lobby group
CMA CGM chairman Jacques Saadé is taking over as head of a leading container shipping lobby group, writes Janet Porter.
- Japan challenges Brussels over plans to scrap conferences
JAPAN has come to the aid of container lines by questioning European Commission plans to abolish liner conferences and end collective pricing, writes Janet Porter.
- Bathside and Felixstowe ‘to get government go-ahead’
THE long wait for a UK government decision on two major port schemes may soon be over, with the go-ahead expected imminently.
- UK ports on alert for stolen £3m sculpture
BRITAIN’S ports are keeping an eye out for a stolen Henry Moore sculpture worth around £3m ($5.2m), writes David Osler.
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| DECEMBER 20, 2005 |
- Exmar consortium challenges Petronet
THE consortium led by Exmar Marine, which put in the lowest bid for the Petronet LNG contract, has challenged the importer’s call for a re-bidding in New Delhi High Court
- Radiance to link Florida with Yucatan
NEWLY-organised Radiance Shipping will launch the first-ever service between Florida’s Port Manatee and Mexico’s Progreso using the Madeira-flagged ro-lo, Luz B
- P&O calms shareholders' nerves
P&O directors sought to calm shareholder uncertainty today by issuing a statement saying they see no reason to alter the recommendation of DP World’s offer
- Petrobras forms ethanol joint venture
PETROBRAS has signed an agreement with Japanese firm Nippon Alcohol Hanbai to create a new company to be called Brazil-Japan Ethanol
- HHLA workers prepared for walkout
WORKERS at Hamburg’s container terminals have threatened to go on strike over plans by the city state's government to sell a majority stake in terminal operator HHLA
- Honduras to join CSI, Megaports
HONDURAS has become the first Central American country to to agree to join the US Container Security Initiative and Megaports initiative
- Propeller manufacturer ramps up capacity
- Tallink to open Stockholm-Riga run
- Viking anticipates tough 2005-06
- MSC fined $10M for deliberate pollution
- Flight disaster closes Miami port
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| DECEMBER 20, 2005 |
- P&O backs Dubai ports bid
British ports and ferries company reiterates its endorsement of $5.9 billion offer by DP World after Temasek fails to make counterbid.
- Security fees for Pacific Northwest ports
- Vessels await Miami entry
- Maersk, CP Ships in vessel swap
- U.S. set to act on CAFTA
- U.S. fines ship manager in pollution case
- Storms toss Great Lakes cargo
- Five share Yangshan stakes
- NYK takes over Italy agency
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| DECEMBER 20, 2005 |
- P&O confirms go-ahead in face of Temasek/PSA silence
Silence from Temasek/PSA and the publication of DP World’s Scheme Circular could have the P&O deal wrapped up by February 9, or else finally prompt a counter-bid.
- Hamburg labour mobilises against possible DB majority in HHLA
Hamburg is facing labour-disruption, as workers march on Thursday against a possible Deutsche Bahn majority in HHLA, while the ver.di union warns of serious industrial action if Hamburg continues negotiations.
- Port of Miami traffic still closed after plane crash
- PAN returns with ‘boomerang’ concept
- K+N seafreights up nearly 19%, with freight forwarder boom on horizon
- BBI gains 53.10% position in PD ports as Endeavour retires
- China Merchants and Xiamen Port form stevedoring company in Zhangzhou Port
- Nansha reaches its whole-year target
- Inchon eyes South China container cargo
- Busan Port Authority signs MOU with SIPG
- Saadé to take on chairmanship of ELAA
- Correction: DT Joseph is shipping secretary, not minister
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| DECEMBER 20, 2005 |
- Back in port
Ex-Regal Cruises boss tries a new business from a port that is also a creditor.
- StelCape was catchy...
But OSG renames its inherited joint venture with Sonap as Panamax International for consistency's sake.
- TUI goes downmarket
Michael Frenzel says German tour group will enter mass market cruise sector with mooted 'TUI Cruises'.
- Mercator opens its doors
Board approves plan to let in more foreign investment ahead of $75m fundraiser.
- Investors hand in CP bonds
Mandatory buyback sees 99% of bondholders tender convertible notes due 2024.
- Smit upgrades forecasts
Shares in company surge after it promises 20%-30% increase in profits for 2005.
- P&O sticks with DP
Board of UK ports operator will not hang around for Temasek to make an offer.
- Lucky escape
AET aframax in ballast runs aground off Turkey in "gale-force" winds, but manages to free itself.
- American Club expects surplus
Optimism about profitable 2005 but worries about 2003 year lurk in the shadows.
- Lackluster start for Xiamen
Port in weak debut in Hong Kong as China shipping stocks believed to be at peak of business cycle.
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| DECEMBER 20, 2005 |
- MSC Ship Management to pay $10.5 million in U.S. oil pollution case
- Maersk, CP Ships to start eastbound pendulum service
- NYK to establish own Italy offices
- Crackdown targets air cargo violations in Miami
- Cathay Pacific receives first converted Boeing 747-400 freighter
- Dragonair posts record cargo volume in November
- CSXI planning chassis pools for Tampa, Columbus
- Chuck Lounsbury retires from Ryder
- IJS Global acquires MAP Global Logistics
- U.S. Trade Rep expects CAFTA decisions soon
- Northwest ports to implement security surcharge
- Miami plane crash delays vessel movements at port
- P&O board keeps faith with DP World offer
- MSC, PSA establish Singapore container terminal joint venture
- CBP officers seize fake Tamiflu
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| DECEMBER 20, 2005 |
- Coastal Express merger scrutinised
The merger of Troms Fylkes Dampskibsselskap (TFDS) and Ofoten of Vesteraalens Dampskibsselskap (OVDS) is being scrutinised by the Norwegian Competition ...
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| DECEMBER 20, 2005 |
- TransMontaige switches Mobile terminals ownership
Terminal and pipeline company acquiring Mobile facilities, formerly owned by Radcliff.
- Montreal avails rollercoaster continues
Another supplier back in the IFO380 market today, with IFO180 remaining scarce due to limited blending stocks.
- DNVPS advocates stricter but simpler ISO 8217 specifications
DNVPS' recipe for the next ISO 8217 revision suggests simplifying grade structure even more, adding salt limits and reducing limits for some of the existing ingredients.
- 'Magic Pipe' costs MSC $10.5 million
MSC Ship Management Ltd has agreed to pay fines and charges of $10.5 million after pleading guilty to pollution charges.
- Malaysian-Iraqi bunker JV talks 'still in progress'
Malaysian Merchant Marine is hoping for improved results with larger fleet after losses in the past year.
- New bunkering subsidiary formed, barge acquired
Supplier expanding barge fleet while growth spurs formation of new bunkering subsidiary.
- No sellers in Rotterdam barge market this morning
- Singapore: Oil terminal operators can play bigger role
The review of Singapore's TR 8:2003, currently underway, presents an opportunity for terminal operators to take more responsibility in the supply chain process.
- Gladstone supplier meets new standard
Gladstone bunkering facility now meeting new ISO standard, and open during the holiday period.
- Sri Lanka supplier sues port authority
A Sri Lanka-based bunker supplier has filed a law suit against the port authority for alleged losses as a result of easing restrictions on bunkering inside Colombo port.
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- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
