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| APRIL 26, 2005 |
Shipping News
- Strong Asia box traffic boosts K&N profit 46%
GLOBAL logistics company Kuehne & Nagel International, the world's largest sea-freight shipper, said first quarter profit rose 46 per cent on strong growth in container traffic out of Asia.
- RCL takes 2nd boxship on charter from Rickmers
THAI-listed container feeder carrier Regional Container Lines has taken delivery of a newbuild on long-term charter from Rickmers Reederei as it continues to add capacity in line with a major two-year expansion plan that will add a total of eight vessels.
- ICTSI looking at opportunities in China, Africa
BUOYED by the 'solid' growth of its subsidiaries in Poland and Brazil, the Philippines' largest port operator is eyeing opportunities in China and Africa as part of its offshore expansion this year.
- Trouble-hit Aurora due to resume sailing after 10-week retrofit
- Reefer trade generating cold hard cash
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| APRIL 26, 2005 |
- Samudera, Evergreen to extend CSS service, offer CSI service
- MOL Logistics subsidiary to open Guangzhou branch
- LB, LA ports see mixed performance in March
- TNT to introduce RFID tags throughout its divisions
- K+N upbeat about prospects for 2005 following strong Q1 results
- ICTSI sets sights on expanding terminal business
- RCL receives 2nd chartered vessel from Rickmers
- IATA head urges HK govt to put brakes on plan to privatise airport
- China Eastern launches 8 international routes via Shanghai
- Atlas Air appoints VP and controller
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| APRIL 26, 2005 |
- Samudera Shipping launching new, dedicated containerised service (CSI) from May 11
- Global tanker fleet operator Stolt-Nielsen synergises with GAC Singapore for better ship spares logistics
- Shreyas Shipping posts impressive 389 pc rise in net profit
- Dumping duty on hexamine from Iran recommended
- Shell-Total combine announces opening of LNG terminal, port at Hazira
- Single-day coal handling record set at Port Pipavav
- Baalu unfolds plan for port development
- CONCOR MD assures ex-im trade of improved services
- CONCOR’s ICD-Pithampur registers record revenue collection of Rs 27.34 cr. in 2004-05
- Davies Turner excels with marathon performance...again!
- Forex reserves up by $ 253 million to $ 1,41,457 million
- Fieo hopeful of easy credit under RBI policy
- Finance Ministry against threshold limit for fringe benefit tax
- CII calls for better India-Japan cooperation
- ...to hold interactive session on VAT on April 27
- Plea to exempt exports from VAT
- Importers upset at stamp duty levied on DOs
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| APRIL 25, 2005 |
- Full house for IBC, Rotterdam bunker volumes grow
This years International Bunker Conference is held in Rotterdam, where bunker volumes continued to rise in the first quarter of 2005.
- US-funded study to quantify marine vessel pollutants
A US university professor has received funding to develop tools to accurately calculate pollutants from marine vessels in a bid to understand their contribution to greenhouse gas emissions.
- World's largest containership boasts low-emission engines
The world's largest containership, which was named at a ceremony in Singapore on April 11, will have lower emissions than traditional containerships thanks to the deployment of state-of-the-art, environment-friendly technology, according to its owners.
- Shipping emissions to increase despite new legislation
Increased tonnage and global economic growth are likely to see increased ship emissions despite increasingly stringent legislation from the International Maritime Organisation (IMO) and European Union (EU).
- Westport confident of continued growth after solid Q1
Malaysia's Westport (Port Klang) is confident of handling three million TEUs this year following an impressive first quarter performance, its executive chairman said.
- Malaysian police arrest bunker tanker pirates
Malaysian marine police have arrested seven Indonesians suspected of committing acts of Piracy.
- Selendang Ayu clean-up operations resumed
Clean-up operations for the Selendang Ayu spill at Unalaska Island have resumed after being suspended in January due to bad weather conditions.
- Saudi Arabia to boost crude export
Saudi Arabia seeks to cool the high oil prices through boosting its crude exports to meet demand from both Western and Asian market.
- Kuwait announces refinery capacity boost
Kuwait, the oil-rich gulf state, has plans to build a 600,000 barrels per day (bpd) refinery which will raise the country's fuel oil output significantly in the near-term.
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| APRIL 26, 2005 |
- Iata: 61st AGM and air transport summit
- GLS Ireland enhances website
- EU parliament delays introduction of digital tachograph
- Hellmann relocates northern UK Hub
- Romanian "green lanes" for TIR trucks cut border delays
- BMI confirms start-up date of India service
- Extensive DFDS expansion in Immingham
- Exel: new management team in Spain
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| APRIL 25, 2005 |
- Malaysian police arrest piracy suspects
- More boxship orders for Aker Ostsee
- Seacor/Seabulk merger closer
- Golden Ocean charters out capesize bulker
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| APRIL 25, 2005 |
- HHI to build LPG trio for Latsis
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| APRIL 25, 2005 |
- Port of Portland tenants set monthly record for bulks
- Greenbrier making moves to settle with James Estate
- Tall Ships tours added to Columbia River 'Harbor Splash' menu
- Port of Tacoma adding 170 workers to longshore ranks
- Hamburg Sud moving operations from New Jersey to New York
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| APRIL 26, 2005 |
- States oppose Brussels’ plan to grab IMO power
FIVE member states have spoken out against the European Commission’s plan to grab power in the International Maritime Organization, Lloyd’s List has learned.
- Palacio’s EC group boosts port state control co-operation
GREATER co-operation between Europe’s three separate port state control regimes has been kick-started by the European Commission’s High Level Group, chaired by former transport commissioner Loyola de Palacio, writes Nigel Lowry in Athens.
- CMM orders three LPG carriers from Hyundai Heavy
GREEK based Consolidated Marine Management has placed a $280m order in South Korea for a trio of liquefied petroleum gas carriers, fuelling speculation that the market sector will have too many vessels due for delivery over the next three years.
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| APRIL 25, 2005 |
- Shipbreakers attack Greenpeace
INDIAN shipbreakers have asked the government to investigate the 'malicious’ campaigns against them by Greenpeace
- Brokers oppose Maersk in India
THE Freight Interest Forum in India today threatened to boycott shipping services operated by Maersk if it scouts for cargo directly and not through brokers
- EU extends consortium agreements
THE EU has renewed the exception granted to liner companies allowing them to enter into consortium agreements until 25 April 2010
- EU granted illegal subsidises, rules WTO
THE World Trade Organisation has concluded that EU shipyards have benefited from illegal state aid, reports Bloomberg
- Kaliningrad bids for new oil port
KALININGRAD, Russia's enclave on the Baltic Sea, intends to open a new, large-capacity oil terminal for tankers to load Russian crude, regional sources told Fairplay
- Norden maps out future strategy
DS NORDEN, the Danish shipping group, is consider further increases to its fleet on the back of continued strong freight markets
- Japan may pull Russian oil funds
- Boxship market reaches plateau
- Toll ferry Arahura loses power
- Foo to lead NOL transformation
- Slick spreads after tanker damaged
- ABG-Voltri win Kandla concession
- Moby Rider freed after three days
- Barberi: NY's Ryan pleads guilty
- China urged to build tanker fleet
- China plans more LNG terminals
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| APRIL 25, 2005 |
- Portland TEUs crater in first quarter
Pacific Northwest port sees TEUs plummet by 50 percent following departure of "K" Line, Hyundai late last year.
- NOL's Foo to develop new businesses
- TACA cool to LA-LB charge
- FMC ends China probe
- EU extends carrier anti-trust waiver
- Canada ups Seaway security
- Savi, Hutchison form RFID unit
- Sea, air lift Kuehne & Nagel
- Cochin containers up 9%
- Japan supports Russia WTO bid
- New logistics marketing firm formed
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| APRIL 25, 2005 |
- Dachan Bay Phase I gets official green light
Modern Terminals (MTL), which holds 65% stake in the first phase of Shenzhen’s Dachan Bay, confirmed today that the project has got the green light from the central government.
- Yangtze River navigation course to be improved
China will spend RMB10 (US$1.21) billion in improving the navigable capacity on the Yangtze River over a 17-year period, said an official from the Chinese Ministry of Communications (MoC).
- EU to launch probe into Chinese textile exports
- European Trade Commissioner to visit ASEAN trading-partners
- EC extends consortia exemption, but widens the exits
- Busan's March volumes exceed 1m TEU
- Groundbreaking ceremony launches works at Gamcheon logistics park
- LA/Long Beach congestion surcharge-suspension continues
- Columbia Shipmanagment orders seven boxships
- Savannah to open expanded facility on time
- Cedric Foo apopinted NOL group deputy president
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| APRIL 25, 2005 |
- TOP makes $19.1m
Greek owner rides continued market strength to 69 cents per share in quarter, not including $6.8m in Essar late penalties.
- Saetta spills off Colombia
Economou panamax surrounded by booms off Cartagena after 'striking underwater object' while fully laden last week.
- Norden share split fails
Rival shipowners collide over proposal to make costly $605 stock more affordable.
- Panama Canal bond offer
Bizarre plan aims to deliver cheaper marine insurance by going green.
- Strong start for Norden
Mogens Hugo Jorgensen gets excited about best freight markets since Viking era.
- Shipping cases rise
Survey by London maritime law firm shows big jump in 2005 litigation.
- Shift in power at Varna
Bulgarian investment group takes control of shipbuilder’s parent consortium Bulyard.
- Owners eye Baltic link
Latvia invites Tallink and Silja Line to run ships to Stockholm.
- Big bucks for Fain
Royal Caribbean chief picks up $3m despite hurricanes and high bunker costs causing choppy waters.
- TEN sells oldies
New York-listed Tsakos company offloads two mid-1980s tankers to Greek owner.
- Dutch eye LNG terminal
Gas company Gasunie and terminal operator Vopak announce tie up as they continue their investigations.
- Winter inks box quartet order
Aker Yards boosted by German owner's contract as it announces drop in first quarter profit.
- Bulgarian owner builds profit
State-owned Navibulgar produces better first quarter showing as revenue grows.
- Crew injured in riot
Police board P&O ferry in Northern Ireland after fighting between Rangers and Celtic football fans.
- Coscol profit soars
Chinese ro-ro and heavy lift operator sees first quarter earnings and revenue grow massively.
- Johor pirates arrested
Malaysians take seven men into custody suspected of ship attacks including that on the Kyosei Maru.
- Latsis seals VLGC trio
Hyundai Heavy Industries confirms orders from Greece’s Consolidated Marine Management.
- Profitability improves at GSI
Improved cost management helps Chinese shipbuilder achieve better returns in first quarter.
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| APRIL 25, 2005 |
- EC renews consortium antitrust exemption
- WTO report criticizes EC shipbuilding subsidies
- Coast Guard seeks improvements for coastal security
- Canada sets budget priorities for maritime security
- Foo returns to NOL after spell in government
- aUnited reaches agreement to cancel pension plans
- Canada to get aviation security checkup
- Aqaba seeks ground handling, logistics companies for cargo operations
- Delta appoints Leinbach chief information officer
- Norfolk Southern notifies customers of track repairs
- Marine Terminals Corp. appoints Eyler
- DHS needs bigger budget, senators suggest
- China jails Americans in DVD piracy case
- Clinton urges point man for northern border security
- Bonner visits C-TPAT training seminar
- U.K. Freight Transport Association promotes Hookham, Agg
- Carrier Transicold promotes Amyuni to president
- Los Angeles port expands green shore-side power initiative
- Port of Göteborg orders three super post-Panamax container cranes
- Port of Portland exports record mineral bulks in March
- Last Baltimore grain conveyor demolished
- Port of Felixstowe orders 12 more rubber-tired gantry cranes
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| APRIL 25, 2005 |
- Knutsen and NYK Line compete for Heyerdahl award
Knutsen OAS Shipping and NYK Line are candidates for The Thor Heyerdahl International Maritime Environmental Award this year. An expert ...
- Aker Ostsee secures another four boxships
Reederei Gebr. Winger GmbH & Co. KG in Hamburg has ordered four Aker CS 1700 container vessels at Aker Ostsee for ...
- Railway ferry arrived at the Alang beach
The old Danish railway ferry "Kong Frederik IX" has now arrived at the beach of Alang in the Gujarat province ...
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