 | web site |
| MAY 24, 2005 |
Shipping News
- Mitsui OSK, Kintetsu set up alliance to expand services
MITSUI OSK Lines Ltd, Japan's second-largest shipping line, said it will form an alliance with freight forwarder Kintetsu World Express Inc to expand their air, sea and land transportation services.
- Expansion of ports won't create glut: China
A top Chinese infrastructure official expressed confidence that mammoth port expansion plans to meet demand for handling containers, bulk goods and oil would not lead to overcapacity.
- Sea box traffic may rise 17% in 2005: Shanghai
SEA container traffic in Shanghai, the world's third-busiest container port, is expected to rise by 17 per cent this year as China's robust export growth continues, Shanghai Mayor Han Zheng said yesterday.
- Cosco orders four more giant ships
- Lanka to build bunkering port near major shipping lane
- Cruise liner Norway sets sail for M'sia
|
 | web site |
| MAY 24, 2005 |
- Cosco starts Guigang-Huangpu container service
- LA, Long Beach to implement anti-congestion measures in July
- Shantou to boost port operations
- Shanghai to host international ports conference
- Southern California ports post higher throughputs in April
- NYK launches first liquid sulphur tanker
- China Eastern to acquire parent firm's assets
- Air Macau introduces second daily service to Beijing
- Emirates Skycargo spreads its wings to Seoul
- UPS to build 5 regional airport facilities in US
|
 | web site |
| MAY 24, 2005 |
- Shipping industry likely to be exempted from service tax
- New norms to control harmful emissions from ships come into effect
- Edible oil imports up by 21 pc-SEAI data
- ... exports total 8.5 lakh tonnes a year
- Foundation stone for Sethu project may be laid next month, says Baalu
- 17 cos evince interest in Vizhinjam ICTT; pact likely by September
- Sethu project will be completed in 42 months-D. T. Joseph
- US Customs’ CSI may be implemented at JNP
- CONCOR considering wider role in multimodal logistics sector
- Forex reserves dipped by $ 423 million to $ 1,41,475 million
- Basmati export cess to be scrapped
- DGST to be service tax registration authority
- RBI unfolds scheme to co-finance SSI term loans
- AEZs for bananas in Maharashtra soon
- Go online, FM tells Central excise, service tax assessees
- Monsoon to drop in a week late
- China to hike textile export tariffs by steep 400 pc from June 1
|
 | web site |
| MAY 23, 2005 |
- 2010 single-hull phase-out warning for suppliers
Potential cost of new barges could result in higher bunker prices in some US ports and decimated barging fleets.
- Scotland: STS transfer plans meet resistance
Ambitious plans for a ship-to-ship transfer operation on the Scottish coast, envisaging transfers of almost eight million tonnes of Russian crude and fuel oil annually, have come under fire for fears that it would endanger three legally protected wildlife areas.
- Russia raises export duties again, May exports slowed
Export duties for Russian oil and oil products are set to rise again following the latest review by the government, meanwhile May exports seen slowed by logistical problems.
- Bearish oil price trend intact, for now
Oil prices slipped for a fourth consecutive day Monday as a French refinery strike ended and OPEC's president said there was no need for the producer group to cut output even if prices slipped further, but some OPEC officials are already calling for a June cut to prevent excessive stock builds.
- Pollution whistleblowers bag $250,000
Four whistleblowers share $250,000 reward for alerting US authorities to pollution offences.
- Yukos in talks to sell Baltic refinery stake
Troubled Russian oil company Yukos is reportedly in talks to sell its majority stake in Lithuanian refiner Mazeikiu Nafta, one of the sources for fuel oil sold in Rotterdam.
- Canada: Anti-pollution bill prompts tanker threat
A major tanker operator has threatened to stop trading in Canadian waters after the approval of a controversial anti-pollution bill in Canada last week.
- Rotterdam market opens week softer
|
 | web site |
| MAY 23, 2005 |
- Soerensen new UASC president and CEO
- Canberra to play greater role in port development
- Ökombi ro-mo to avoid Brenner blockade on 27 May
- GLS constructing four new parcel depots in Germany
|
 | web site |
| MAY 23, 2005 |
- ESPO calls for untied front on EC ports directive
- UK owners’ and union clash on tonnage tax
- Fairmount takes delivery of 200-tonne bollard pull tug
- SvitzerWijsmuller links up with US response team 1Call
- MOL and KWE form alliance
|
 | web site |
| MAY 23, 2005 |
- Fredriksen's SeaDrill completes private placement
|
 | web site |
| MAY 23, 2005 |
- Port of Portland handles shipment of windmill parts
- Newest APL containership
marks maiden voyage in New York
- MarAd honors four firms for shipping under U.S. flag
- Boeing converting Air France planes as part of Special Freighter program
- FMC hears from transport group on maritime industry issues
|
 | web site |
| MAY 24, 2005 |
- ‘Knee-jerk’ protests damage shipping, declares Sohmen
HELMUT Sohmen, one of the world’s most influential shipowners, has attacked “emotional knee-jerk protests” from the shipping industry against the threat of tighter regulation as damaging to the industry’s long-term interests.
- Improve public image, says Mitropoulous
EVERYONE in shipping needs to work hard to ensure that the delicate historic balance of mutual respect between politics and the industry is not further eroded, the secretary general of International Maritime Organization has urged, writes Julian Bray in Copenhagen.
- Numast and Dutch seek ‘super union’ by 2008
BRITISH officers’ union Numast is to merge with its Dutch counterpart, the Federatie van Werknemers in de Zeevaart, in 2008.
- Ex-Lloyd’s names apply political pressure
A GROUP of former names at Lloyd’s has put forward a settlement plan to the UK government aimed at averting what it sees as a bankruptcy threat to thousands of individual investors.
|
 | web site |
| MAY 23, 2005 |
- Adm Hereth looks beyond ISPS
ADMIRAL Larry Hereth, the US Director of Port Security, has praised the ISPS Code but warned that a major maritime terrorist incident could lead to further security measures beyond the Code
- California democrats table maritime bills
CALIFORNIA’S two senators have weighed in on maritime issues with one proposing greater port security funding and the other trying to limit the spread of LNG terminals
- Tallink plans Riga-Stockholm run
TALLINK, the Estonian ferry group, is planning to open a service between Riga in Latvia and the Swedish port of Stockholm
- Koreas agree on fertiliser shipment
FOR only the third time, South Korea has allowed North Korean vessels to call at ports in the south, on this occasion to lift fertiliser cargoes
- Primorsk chief executive walks out
SERGEI Popravko, chief executive of Primorsk Shipping Corp, has left the company to take a lower-level job at another leading Russian company
- Drunk tug captain sentenced
TUG captain Daniel Ferrell was sentenced to probation in federal court on 19 May after being found guilty of being drunk when his vessel hit a railway bridge
- Detained ship suddenly released
- MSC crew detained for polluting
- Gulf Energy unveils 20-tanker plans
- Liner chief tells ports to expand
- Officers slam UK government
- Romanian ro-ro in pollution call
- Bimco focuses on security
- Ship security officer shot dead
- Strong boxship demand 'to continue'
- BP ships found with rudder cracks
|
 | web site |
| MAY 23, 2005 |
- No labor pains seen for So. Cal peak
ILWU sees no LA-Long Beach (left) shortage for peak season, but isn't sure about Pacific Northwest ports.
- Intermodal volume up 6.7%
- In Philadelphia, Matson christens new container ship
- EU opposes return of China quotas
- CMA CGM opens new U.S. headquarters
- Hamburg Süd tabs Crelier, Parker
- Alabama gets box hub funding
- AAPA, PIANC partner
- MOL, Kintetsu in link-up
- Trade pact for Japan, Malaysia
|
 | web site |
| MAY 23, 2005 |
- Retail expert urges slower ‘pendulum’ swing in textile trade
The end of the Multi-Fibre Agreement (MFA) and acts of trade-diplomacy - such as export-tariffs and countervailing duties - have left textile sourcers unsure of how their world will develop.
- PierPASS starts registration, through retailer trial already running
- Cosco shrugs off Canal increases and launches new all water service
- Korea quantifies effects of potential renminbi appreciation
- Foreign cross-traders capture more NZ coastal cargo
- Gargaon ICD will relieve congestion at Tughlakabad
- Kombiverkehr to start Munich–Cervignano shuttle
- JN Port to sign up to Container Security Initiative
- MOL signs up with Japanese logistics company
- CIMC to purchase reefer patents
|
 | web site |
| MAY 23, 2005 |
- TOP eyes Europe
Greek company hopes $300m shares deal supporting Nomikos bulker buy will find a friendlier audience than it did in New York.
- Ship sails without crew
Master and eight seafarers from the MSC Elena are detained over alleged pollution offences.
- Transbulk goes Greek
Rederi Transatlantic rings up $24m profit from sale of panamax bulk carrier operation to George Economou.
- Russian owners secure cash
Sister companies Volgaflot and North-Western Shipping pocket World Bank loans for newbuildings.
- Varna adds three bulkers
Bulgarian shipyard to build more vessels for minority shareholder Navibulgar.
- MOL goes mega
Mitsui OSK teams up with Kintetsu World Express in trains, boats and planes alliance.
- Daewoo bags VLCC trio
Korean yard confirms long-expected $383m deal with Iranian National Tanker Co.
- BP sells Imarex stake
Oil major that was early backer of Oslo freight futures exchange cashes in shareholding.
- Whistleblowers collect reward
Filipino seamen collect $250,000 from US authorities for blowing whistle on polluting bulker Katerina.
- Sanoyas sees improvement
Profits rise despite Japanese yard's revenue drop in year to 31 March.
- Braila boosts earnings
Romanian outpost of Aker Yards enjoys big profit rise in first quarter as turnover doubles.
- Derivatives brokers bond
ACM-GFI teams with McQuilling in US in a pointer towards consolidation.
- Inmarsat looks set for IPO
Privatised UK-based satellite operator reportedly looking to list on London Stock Exchange.
|
 | web site |
| MAY 23, 2005 |
- European port states, Canada downgrade Brazilian, Taiwanese flags
- Safmarine adds South America, Middle East to South Africa links
- Costa Container Lines, Maruba add Fos to Med/South America loop
- Air France to switch 747-400s to freighter configuration
- MOL, Kintetsu World Express make carrier-forwarder alliance
- Bush administration cites "measurable success" with AGOA
- U.S. pork shippers target South Korean market
- NYK acquires Belgian logistics firm Mondia
|
 | web site |
| MAY 23, 2005 |
- Healthy profit when Transatlantic sells dry cargo division
Swedish shipowner Transatlantic has sold its dry bulk division, operated through the subsidiary Transbulk, to Greek Drybulk. The deal generates ...
- Healthy profit for the Swedish Maritime Administration
The Swedish Maritime Administration, SMA, reports a SEK 102.4 million (EUR 11.2 million) pre-tax profit for 2004, up by ...
- Bornholm HSC changes to DIS registration
The HSC ferry "Villum Clausen" running for BornholmsTrafikken between Rønne and Ystad has changed to the Danish International Shipsregister. This ...
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
