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| MARCH 25, 2005 |
Shipping News
- UN body plans sea freight for Aceh-bound building materials
THE United Nations body overseeing international tsunami aid efforts in Indonesia's Aceh province is proposing a sea freight strategy as cargo for the reconstruction phase continues to pour into the devastated province.
- Korean firms to merge port operations
HANJIN Shipping Co, South Korea's largest shipping line, and Global Enterprises Ltd, plan to merge their container terminal operations at the country's two biggest ports to cut costs and increase revenue.
- India to join elite club of aircraft carrier makers
INDIA will soon join an elite three-member club of countries that are now building aircraft carriers, a top Indian navy official said.
- French sailor's protest
Admiralty Casebook
- Trial judge can pierce corporate veil
A CANADIAN Federal Court has ruled that a trial judge in a charterparty dispute may pierce the corporate veil of a group of related shipping companies, including one registered in Singapore.
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| MARCH 25, 2005 |
- IPBCC withdraws congestion surcharge at Chennai Port
- GE Shipping to acquire 3 dry bulk carriers soon
- S-E Asia, S. Asia/Australia Trade Agreement to raise rates
- US decision on shrimp dumping duty tomorrow
- Marine products exports register comfortable increase during April-Dec.
- Kerala govt’s advisor (ports) sees Vizhinjam to be ideal & viable container transhipment hub
- MbPT to hold interactive meet with Port users in Delhi today
- TCT records 25 pc growth in box traffic
- Textainer adjudges Jay Container’s Delhi depot the best for 2004
- Rlys may offer pvt. cos 3 freight corridors for development
- PM forecasts 7-8 pc economic growth in 2005-06
- Stringent rules push up transaction costs for exporters: Minister
- All future road projects to be on BOT basis-PM
- Daily load-shedding in Maharashtra hinted at
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| MARCH 24, 2005 |
- Island Oil announces manager's departure
- Singapore fuel oil stocks down, distillates rise
- Malpractice charges expected against Singapore supplier
Almost a year after the offices of Singapore bunker supplier Lungshan Petroleum were raided by the Corrupt Practices Investigations Bureau (CPIB), reports say several individuals in the company are expected to be charged for malpractice.
- US refinery blast sends crude prices higher
Crude roller coaster continues as an explosion at the third largest US refinery sends prices higher after yesterday's massive plunge.
- Titan reveals Yangshan oil terminal project budget
The Yangshan oil depot will be Titan's latest grand project to boost its revenue from oil transportation and storage.
- Evergreen goes greener with extra bunker tank protection
Latest Evergreen newbuild incorporates extra bunker tank protection and a host of other environmentally friendly measures.
- India: Singapore-flagged vessel spills fuel oil
Singapore-flagged bulker spills bunker fuel off Indian coast after barge collision.
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| MARCH 24, 2005 |
- Spedition Lebert chooses Dilok/400 from Active Logistics/Prologia
- Sanef France to be partly privatised
- Dachser scoops up Haugsted
- Duisport – impressive results for 2004
- Airlines react to further increases in fuel prices
- Safmarine vessels make maiden call at Le Havre
- Port of Rotterdam names new commercial director
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| MARCH 24, 2005 |
- Sonangol leaves Frontline pool to work with Stena
- ITF chides "rejected" Brussels bureaucrat
- No increase in UK light dues this year
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| MARCH 24, 2005 |
- Seaway cuts fees for cargo new to waterway
- Austal launches Highspeed 5
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| MARCH 24, 2005 |
- Port of Seattle rescues Waterfront Trolley
- Hanjin boosting service in cooperation with COSCO
- Portland seawall will host pair of historic vessels
- Two records fall in February for Panama Canal Authority
- DOT taps Washington Closure for Hanford cleanup project
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| MARCH 25, 2005 |
- Inquiry begins into Texas blast
INVESTIGATORS are trying to find out what caused a huge explosion at a BP oil refinery in Texas that killed at least 14 people and injured more than 100 on Wednesday.
- Cautious Evergreen to drip-feed yards with post-panamax orders
NEW one-at-a-time “piecemeal” orders for 7,000 teu containerships may be placed with Mitsubishi Heavy Industries by Taiwanese liner shipping and transport group Evergreen from 2007 if economic conditions are favourable, says Evergreen chairman Chang Yung-fa.
- Japan calls for anti-piracy network
JAPANESE Prime Minister Junichiro Koizumi has called for Asian countries to set up a co-operative framework to combat piracy.
- Grimaldi cements Fincantieri ties with $470m four-plus-two ferry contract
Grimaldi Group Naples has strengthened its long ties with Fincantieri by ordering another four ships from the state-owned Italian shipbuilder and putting options on a further two.
- Cruise cancelled as pod woes come back to haunt Celebrity
PROBLEMS with podded propulsion aboard the cruiseship Infinity have returned for a sixth time to haunt Celebrity Cruises, writes Hugh O’Mahony.
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| MARCH 24, 2005 |
- Moscow reels in Novoship
THE largest of the minority shareholders in Novorossiysk Shipping Company (Novoship) has sold out, returning the stake to a wholly owned offshore subsidiary of Novoship
- Spill prompts barge safety question
THE oil spillage in Goa, India, yesterday has raised concerns over the increasing barge operations in Indian ports without adequate safety measures
- Alabama box port on track
ALABAMA’S planned container port at Mobile seems solidly on track today following Tuesday’s vote by the state ports authority to adhere to state funding agreements
- LNG regasification begins
THE first LNG tanker with onboard regasification capability started a new means of delivering natural gas to the US by means of a deep water port facility on 19 March
- Santos posts cruise record
A record number of cruise passengers used the dedicated terminal at Santos, Brazil last season
- Crude prices rise after Texas blast
- Chamber pleased with pension ruling
- Everard becomes Chamber president
- Beira-Zimbabwe trade disrupted
- Dispute hits Finland-Germany trade
- India charge funds port development
- NYK to invest $13.8Bn in shipping
- Unions threaten as RIF bill adopted
- Settle separator violations
- Yet more trouble for Infinity
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| MARCH 24, 2005 |
- Canada bridge bill eyes Asia, U.S. trade
Ottawa proposes stricter oversight of U.S. bridge, tunnel crossings, moves on upgrades for rail service to jammed ports, such as Vancouver (left).
- CN awaits strike deadline
- DHL sets U.S. automation
- Pause for TACA LA charge
- Yellow Roadway sees profits
- Judge wants Bush rail terror plan
- FMC settles violations
- Duluth opens shipping season
- Carriers drop Chennai, Mumbai charges
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| MARCH 24, 2005 |
- Union threatens rail strike Saturday
Canadian National (CN) Railway said yesterday it will maintain normal operations across Canada if labour disruption by the 644 members of the International Brotherhood of Electrical Workers (IBEW) occurs.
- Shallow water equals backwater, Melbourne industry warns
Prompt action on Port Philip Bay channel deepening has been urged by 17 Victorian and national organisations, which warn that Melbourne will be increasingly left off the international trade map.
- Lyttelton stand-off troubles carriers
- Southern China port developments erode HK competitiveness
- Underinvestment in Maputo rail link curbs port growth
- Carriers lift Mumbai and Chennai congestion charges
- Virginia profits from Pacific cargo boom and WC congestion
- Box boom prompts Tacoma employment drive
- Terminal operation of Gamman and Gwangyang to be incorporated
- TACA maintains suspension of WC congestion charge
- Auckland slide continues
- NYK Group sets ambitious goals
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| MARCH 24, 2005 |
- Fine for Frontier
Colombian liner company reaches settlement with FMC over claims it offered below-tariff rates.
- Azov shipping chief slain
Ship master and politician Anatoly Bandura who presided over the bankruptcy of Ukraine’s biggest shipping company is gunned down.
- Sea Containers loses stability
Expensive rail franchise and spectre of high fuel costs hits ratings outlook for ferry operator.
- Texas blast toll rises
Explosion at BP refinery that kills at least 14 and injures more than 100 set to affect tanker market.
- CMHI lifts Shekou stake
China Merchants to acquire Cosco’s 17.5% stake in Chinese container terminal for $78m.
- Irish Ferries facing new strike?
Officers vote again for industrial action in wake of Labour Court decision.
- Maritime Wisdom in Goa spill
Laden barge collides with Singapore-flagged IMC Shipping panamax off Indian beauty spot.
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| MARCH 24, 2005 |
- TACA holds off Los Angeles congestion charge
- China Shipping, Evergreen swap Asia/Europe slots
- CP Ships carriers switch Japanese ports on Asia/Canada loop
- New Felixstowe/Teesport feeder link
- Judge asks Bush administration for freight rail security plan
- CN says planned strike will not effect operations
- Hub Group drops Hub from logistics unit's name
- FMC remains 'open' to reviewing NVO rule
- FIATA to renew efforts against U.S. tariff filing
- FMC collects $514,500 from civil penalty compromise agreements
- U.S. imposes antidumping duties on Chinese, Russian magnesium
- Continental Holdings buys Dixie Box & Crating
- Kuehne + Nagel expands in Austria
- Schneider Logistics opens office in Czech Republic
- Carriers report lessening of port congestion in Mumbai
- Mitsubishi Motors returns to Jacksonville
- Maryland Port Administration leaves port security group
- Tuticorin's container volume up 25%
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| MARCH 24, 2005 |
- Stena Bulk new partner to Sonangol after Frontline
Stena Bulk and Angola’s state-owned oil company Sonangol has formed a Suezmax-pool. Sonangol has terminated its co-operation ...
- Finnish flag to end strike?
In a customer message, Finnlines says that the strike on the NIS flagged railway ferries "Rider" and "Runner" continues. The ...
- Royal Arctic Line takes over newbuilding
Royal Arctic Line has taken delivery of the newbuilding "Mary Arctica" from Remontowa in Gdansk. The newbuilding arrived at Aalborg ...
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