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| MAY 23, 2005 |
Shipping News
- 'Sister Ping' on trial for financing snakeheads
EVER since the rusted freighter Golden Venture grounded off Queens in 1993, US Federal prosecutors have had their sights on the Chinatown businesswoman known as Sister Ping.
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| MAY 23, 2005 |
- PRD faces tight labour market: survey
- Big Apple welcomes APL New York
- OTS chairman eyes billion dollar turnover goal
- Cathay, Air China to code share
- Dragonair cargo, passenger figures up in April
- DHL Express names marketing director
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| MAY 20, 2005 |
- American Bureau of Shipping issues Marpol advisory
The American Bureau of Shipping (ABS) has issued an advisory detailing a list of countries that have clarified their policies regarding single hull tanker phase outs.
- Indian Oil to expand Mauritius bunkering operations
Company increases investment, plans to expand storage and build fuel testing laboratory.
- Major Fujairah players confirm Marpol VI compliance
Two of the leading players in the Fujairah bunker market have told Bunkerworld that they are complying with the requirements of Annex VI of Marpol 73/78.
- Maltese flag escapes black list
The Paris Memorandum of Understanding (Paris MOU) on port state control has removed the Maltese flag from its blacklist, a move which is expected to attract more shipowners to the Maltese flag.
- Italy: Industrial action hits bunker market
Industrial action by barge crew has hit operations in the key Italian port of Genoa, and rendered supply in nearby ports serviced by barges loaded in Genoa impossible, local players told Bunkerworld today.
- Change of contact details at Hallmark Fuels
- Hong Kong: Cargo arrivals ease supply concerns
- Rotterdam firming ahead of Midday
- Sri Lankan government eyes bunker hub project
The Sri Lankan government and a Chinese partner are the latest parties to express intentions of establishing a bunkering hub on the island, this time in the southern port of Hambantota on the busy shipping lane between the Middle East and the Far East.
- Oil prices close below $47 in New York trade
Oil prices on NYMEX have closed below $47 per barrel in view of plentiful US supplies.
- New 'bunker clauses' launched for time charters
Intertanko launches the Bunker Emission Clause for time charters and the Intertanko MARPOL Annex VI clause for bunker supply contracts
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| MAY 20, 2005 |
- Ship Finance International and Frontline in S&P deals
- GL set to break 50m gt mark
- IBIA tells industry to comply with "spirit of Annex VI"
- UK officer numbers "set to halve by 2020"
- LR approve LNG ship gas turbine
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| MAY 21, 2005 |
- Rudder cracks found in Alaska Class tankers
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| MAY 20, 2005 |
- National Maritime Day set for this Sunday
- US rail freight numbers up during first week of May
- Washington State Ferries gives free ride to veterans
- MOL announces plan to quit pair of shipping agreements
- Corps schedules meeting to discuss Columbia dredging
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| MAY 23, 2005 |
- BP’s ‘green’ Alaska tankers halted due to rudder cracks
TWO Jones Act tanker new- buildings owned by BP, described as “the most environmentally friendly tankers ever built”, have been laid up near Seattle after large cracks were discovered in their rudders.
- Malaysian premier rejects private armed escorts in Malacca Strait
MALAYSIA’S Prime Minister, Abdullah Ahmad Badawi, has weighed in to the controversy over some shipowners employing private armed escorts to guard against piracy attacks in the Malacca Strait.
- P&O shares hold gains amid talk of takeover
SHARES of P&O held their ground on Friday as the market took stock of reports that the ports and ferries group could become a takeover target for Temasek, the investment group that owns Singapore rival PSA International.
- Britain to boost oil spill compensation
TONY BLAIR’S government is to kick off its third term with a new Merchant Shipping Bill that promises to boost the British oil spill compensation fund with an extra £440m ($830m).
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| MAY 20, 2005 |
- Corrupt Indonesian companies named
THREE major Indonesian maritime companies are among 16 state-owned enterprises allegedly riddled with graft and corruption, a minister has told parliament
- US LNG terminal reservation
THE energy-hungry New England region may finally be getting an onshore LNG terminal after native Americans voted to approve the plan
- TFDS expected to offload Fjord Line
TFDS, the Norwegian ferry company that owns Fjord Line and half of the Norwegian Coastal Express, has warned that its 2Q05 results will be weak
- SECA implications still not certain
OWNERS of existing deep-sea tonnage trading into the newly set up SOx Emission Control Areas in 12 months’ time face some difficult questions
- Hostage seafarers reported killed
REPORTS from the Philippines suggest that two of three kidnapped Indonesian seafarers have died in a clash between their captors and the military hunting them
- Palmali may buy LUKoil's fleet
LUKoil Arctic Tanker, the shipping division of Russia's largest oil producer, may sell its fleet to Palmali Shipping, which has close links with LUKoil
- Baltic yard losing control to rival
- Viking warns of weaker summer
- Canadian criminalisation looming
- Owners asked to pay for checks
- Louisiana opposes new LNG terminals
- US wage law rewrite stumbles
- New fund targets small companies
- Temasek quiet on P&O rumours
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| MAY 20, 2005 |
- PierPass registration set to start
Companies on Monday can begin signing up for the off-peak gate program at container terminals in Los Angeles-Long Beach (left).
- Hanjin expands Asia-U.S. service
- China Shipping promotes four executives in U.S.
- APL New York makes namesake call
- Canada revives U.S. lumber fight
- Intermodal rail still strong
- Sorensen to lead UASC
- GT Nexus, Flagship plan customs service
- Pakistan starts box terminal project
- Safmarine adds S.A., Mid-East links
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| MAY 20, 2005 |
- China's textile community makes 'sacrifice' in trade dispute
China announced today that it would raise the export tariffs on 74 categories of textile products, with a 400% hike for most of the products, beginning June 1.
- P&O Ports could be a tough nut to crack, say analysts
City sources, responding to speculation that P&O has become a target for Singapore company Temasek, say that the change of ownership clauses make it a difficult target.
- Taiwan/China rapprochement will hit HK volumes
- Hupac chairman lashes out at lack of priority for freight trains
- Safmarine supplements Samba with Indian Ocean
- APM’s Portlink to quit Joint Benelux Portugal Service
- Port organisations maintain criticism of Ports Directive text
- Concor to set up own berths in ports
- China/Japan Q1 container volumes up
- Maersk reduces Baltic frequency
- BPA appoints former PSA boss as adviser
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| MAY 20, 2005 |
- Did Jacob know?
Appeal filed by US Department of Justice drags Stolt chairman into antitrust spotlight for the first time.
- BP tankers crack up
Rudder fractures lead to acclaimed suezmax newbuildings being withdrawn from trade.
- Double your money
Japan's main shipowners collectively post 100% increase in earnings in 2004.
- Early and on budget
Kvaerner Philadelphia is pointing to progress on production as it delivers its third ship.
- Upgrade cash for Krasnoye
Russian yard ready to invest again to improve facilities this year.
- ISH boss sells shares
Chief exec Erik F Johnsen calls his sale of 30,000 shares in International Shipholding 'insignificant'.
- Sasebo completes comeback
Big turnaround for newly profitable Japanese yard in year to 31 March.
- Namura scrapes a profit
Japanese yard just about turns around previous year’s loss, but is forecasting another reverse this year.
- Profits slip at Asimar
Stock-listed Thai shipbuilder and repairer hit by increases in administrative and service costs.
- TFDS still in the doldrums
More losses in latest quarter for Norwegian ferry operator.
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| MAY 20, 2005 |
- UASC reports profits, appoints Soerensen CEO
- Hanjin takes slots on two PNW services
- "K" Line, Yang Ming split pendulum service
- DHL opts for higher price over growth in U.S. market
- UTi readies launch of Wal-Mart's Houston import hub
- Bush administration continues push for free trade with U.A.E.
- MarAd awards 4 shippers for their use of U.S.-flag vessels
- NNR Global Logistics picks Management Dynamics software
- PierPass registration set to begin
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| MAY 20, 2005 |
- Germany no 1 on the White List
The German-flagged fleet has moved up to the top position on the Paris MOU White List, followed by Isle ...
- Danish orderbook exceeds existing fleet
Danish owners are surely confident of the future. The present order book is rather unique as it exceeds the existing ...
- Frontline sells more suezmax’es
Frontline is reported to have sold another three suezmax tankers for USD 92 million en bloc, the same price secured ...
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