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| SEPTEMBER 28, 2005 |
Shipping News
- Rewarding career awaits in maritime industry: Cheow Tong
THERE are vast opportunities available in Singapore now for a rewarding career in the maritime industry, said Transport Minister Yeo Cheow Tong yesterday.
- Asian freight rates down on thin trade
THIN demand prior to a week-long holiday in China is weighing on benchmark Asian shipping rates after they spiked in the middle of last week, regional brokers said yesterday.
- Striking French shipping workers block oil ports
STRIKING French shipping workers, angry about the planned privatisation of state maritime company SNCM, yesterday blocked access to the Lavera petrochemicals complex and the oil port of Fos-sur-Mer, a local union official said.
- Forum to discuss wages, shortage of skilled seamen
- Horizon Lines raises US$125m in IPO
Strait Talk
- Making money in the good, and not so good, times
TOMORROW is World Maritime Day, an event which will be celebrated by the International Maritime Organization at its London headquarters.
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| SEPTEMBER 28, 2005 |
- China updates textile export quota transfer rules
- TSA relieved about lack of congestion at US west coast ports
- Beijing-Fujian expressway to open this year
- Guangdong accounts for 39pc of China's ASEAN imports in August
- K + N invests in greater Leipzig region
- New cranes go into action in time for peak season at Port of Savannah
- Second Xuancheng-Hangzhou railway to open next year
- Boeing, IAM reach tentative agreement on three-year contract
- Dragonair sees cargo volumes, passenger numbers climb in August
- China Airlines revises 2005 financial forecast
- Japan Airlines and Cathay Pacific expand code share agreement
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| SEPTEMBER 28, 2005 |
- TSA to approach Asia-US freight shippers to discuss options
- John Fredriksen, the wealthiest Norwegian shipping tycoon
- Shreyas World Navigation of Transworld Group launches 1st newbuild
- Asia freight rates up on strong grain, ore demand
- Switzerland emerges largest source for imports this fiscal!
- CII takes a constructive mission to Qatar
- DCI chief allays ecological fears: Sethu project
- 3 Kerala ports in various stages of implementation
- FFFAI elects new team for 2005-07
- S-E Rly hauls record freight, earns 35.5 pc more
- Uncertainty over DEPB scheme will impact exports, warns SRTEPC chief
- Indore SEZ: Focus now on strategic partnerships
- 1 lakh jobs from SEZs seen
- Move to amend labour laws for state SEZs
- Move afoot to streamline & simplify foreign direct investment policies
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| SEPTEMBER 27, 2005 |
- Vancouver Port Authority and TSI Terminal Systems ink agreement
- New JAL Cargo services
- Kombiverkehr's Mozart-Express III offers more departures
- Norbert Dentressangle: sales up, profits down in first half of 2005
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| SEPTEMBER 27, 2005 |
- Post-Katrina cruise ship deals face probes
- QBE buys British Marine
- Garex on expansion trail
- US to pay to scrap more ships
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| SEPTEMBER 27, 2005 |
- Noble reports rig breakaways, damage
- No damage to Tidewater vessels
- Horizon Lines lowers its IPO sights
- Rita damages rigs, platforms
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| SEPTEMBER 28, 2005 |
- Striking seafarers seize SNCM ship at Marseilles
STRIKING SNCM seafarers seized one of the company’s ships in the port of Marseilles yesterday and sailed for Corsica after running a gauntlet of tugs sent to prevent it leaving its berth.
- QBE’s surprise $204m bid for British Marine shakes up P&I market
IN one of the biggest surprises in maritime insurance of recent years, major insurer QBE has swooped to buy the highly successful protection and indemnity and hull cover provider British Marine, writes James Brewer.
- Enterprise scheme sees firms jump on Singapore bandwagon
ANOTHER 20 shipping companies from across the globe have committed to operating from Singapore through the Approved International Shipping Enterprise Scheme.
- Jones Act waived again to free up fuel delivery
THE Jones Act has been waived for the second time in a month in the aftermath of Hurricane Rita, so as "to remove obstacles to fuel distribution".
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| SEPTEMBER 27, 2005 |
- EMSA preparing refuge 'visits'
THE European Maritime Safety Agency is preparing to inspect EU port plans for places of refuge and waste reception facilities
- Horizon closes whittled IPO
HORIZON Lines begins trading on the New York Stock Exchange today after completing a severely discounted initial public offering
- Mærsk settles oil log case
AP MØLLER-Mærsk confirmed today that it has entered into a plea bargain 'under principles of corporate liability' with the US Attorney
- Waste handling now a major issue
SHIP owners and managers are blindly entering into a game of ‘Russian roulette’ with authorities because of ineffective or illegal oil-water processing systems
- Garware to expand offshore fleet
MUMBAI-based Garware Shipping has drawn up expansion plans and is in an advanced stage of negotiations with shipyards to buy offshore supply vessels
- Redeployments set after storm
ROYAL Caribbean and Carnival Cruise Lines have finalised their post-hurricane deployments, underlining the stark reality of long-term damage in New Orleans
- No liability for Festival owner
- Le Joola replacement arrives
- Fuel surcharge splits operators
- Kiperousa logs now a nav hazard
- Greeks press Athens for action
- Pacific lines demand rate increases
- 'Silk Road' convoy set to roll
- Spanish dockers call 4-day strike
- SNCM anger over Butler backing
- TTS Marine ties up with Dalian New
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| SEPTEMBER 27, 2005 |
- Charleston gets $63.7 million in spending
State Ports Authority approves $63.7 million for new container-handling equipment, other terminal improvements.
- Lines extend trans-Pacific surcharge
- Plea deal for Maersk in oil log case
- Waterways re-open after Rita
- Horizon Lines reprices at $10 per share
- Maersk’s Houston base unscathed by Rita
- Port of Beaumont re-opens after storm
- Rita snarls Texas, La. rail lines
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| SEPTEMBER 27, 2005 |
- Switzerland rail cancels big rail projects, for lack of money
Notwithstanding a long list of new projects, and plans to improve access to the new Lötschberg and Gotthard base-tunnels, Switzerland has announced it is limiting rail-investment, for lack of money.
- Toronto trucking firms consider settlement proposals
Nearly two dozen Toronto trucking firms are considering new contract proposals from disgruntled trucker owner-operators to end a violence-marred dispute that has reduced container flows at local intermodal terminals.
- Brazilian shipbuilding sources tot up possible 15 orders
- Rail JV sees NWS invest in China following HK withdrawal
- UPDATED: US agencies clear up after Rita
- Inchon invalidates contract with PH on Songdo New Port Development
- Demonstration transit takes containers by Silk road
- Beijing and Washington seek trade dispute settlement
- Horizon Lines opens $125m IPO
- Discrepancies in Indian textile export data continue
- Trans-Asian Railway meeting being held in Moscow
- BPA to open Tokyo office
- CI launches classified ad site
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| SEPTEMBER 27, 2005 |
- Rita clears crude cloud
Second Gulf hurricane is short-term boost for suezmaxes and other crude cargoes while products side remains hot, OMI braintrust tell investors.
- Ticking off the Joneses
US cabotage community appears to be losing patience with Bush administration's hurricane-related Jones Act petroleum waivers.
- Minoan mired in the red
Greek ferry operator still losing money in 2005, as compatriot owner Attica ups stake.
- Greeks blast EC
Shipping unions claim European policymakers have been undermining good work of IMO.
- Filipinos warned on UK pay
Officers’ union tells crews working under the Red Ensign to check on minimum wage.
- Hornbeck targets newbuilds
US offshore owner wants domestic yards to bid for $265m series of supply ships and tank barges.
- Saaremaa hails Ventspils route
Estonian ferry owner says Latvian run has enjoyed promising start.
- Horizon settles for $10
US container line raises $125m in heavily pared down initial public offering.
- French seek more war
Insurance business that is, as Garex celebrates its 25th anniversary.
- Dolphin eyes fleet expansion
Indian offshore vessel operator planning to raise $34m with private share placement or bond issue.
- QBE buys British Marine
Australian insurance group makes 91st acquisition since 1982 with deal to swallow up marine insurer.
- Frontline to re-join Intertanko
The world’s largest tanker operator has opted to rejoin the organisation of independent tanker owners.
- ICG out of pocket?
Irish government may refuse redundancy rebate cash as ferry owner seeks to replace costly crew.
- Trico unscathed too
US offshore owner says no vessels seriously damaged by Hurricane Rita.
- Whoa!
Carnival Ecstasy rides out Hurricane Rita in the Gulf of Mexico as it waits to enter Mobile.
- Kirby escapes Rita rampage
US barge operator says only “minor damage” to several of its inland tanker barges from latest hurricane.
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| SEPTEMBER 27, 2005 |
- TSA carriers push for higher rates to cover costs
- New Caribbean Service Rate Agreement raises bunker surcharge
- WITASS increases fuel surcharges
- OMI to disclose tanker rates
- Dragonair's cargo up 4.1% in August
- FMC signs off on NVO service arrangements
- GAO: CBP struggles with CDSOA claims
- Florida honey industry tries to combat imports
- Memorex renews contract with Kuehne + Nagel
- Coast Guard reopens Gulf Coast waterways after Hurricane Rita
- Maryland Port Authority names security director
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| SEPTEMBER 27, 2005 |
- Another Jones Act waiver
Foreign flag have another chance to trade between US ports, a trade normally reserved for US flag vessels under the ...
- Eidsiva sells another ro/ro
Eidsiva has sold yet another ro/ro, the 3,800 lanemetres "Scan Carrier" to the charterer SSI on terms specified in ...
- Eidesvik buys more in Green Reefers
Kristian Eidesvik now controls 37.52 per cent of Bergen-based Green Reefers after another share acquisition by one of his ...
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| SEPTEMBER 27, 2005 |
- Japan seeks to mitigate high bunker prices
A ministerial panel will consider measures to ease burden of high fuel prices on domestic industries.
- New Orleans bunkering shrugs off Rita, Gulf prices rise
Suppliers in New Orleans resuming operations with strong demand but wary over product supply as Gulf prices reflect refinery concerns.
- Captain of vessel involved in bunker dispute charged
Trader has put claim on fuel in Australian court after vessel was seized due to suspected illegal catch.
- BP Marine event to address low sulphur, lubricant challenges
Conference to focus on the implications for operators in the new low sulphur era, and examine marine lubricant challenges.
- Evergreen goes ever greener
Shipping giant has been praised for demonstrating 'great leadership' in its commitment to the environment.
- MPA: Quality management standard to be published next year
Conversion of the MPA's quality management for bunker supply chain to a Standard should be completed and published next year.
- Rotterdam firm amid congestion
- Japanese technology helps reduce fuel consumption
NYK claims its water-emulsion equipment is able to reduce fuel consumption by 8.5% and cut down harmful emissions.
- Oil transfer tankers detained in Malaysia
Malaysian marine police detained two Indonesian tankers for illegally entering its territorial waters and carrying out a transfer of oil.
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