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14 November 2019 The on-line newspaper devoted to the world of transports 06:40 GMT+1

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The Business Timesweb site
OCTOBER 28, 2005
Shipping News
  • Poor infrastructure stifling India's growth
    POOR transportation infrastructure is choking India's ability to tap further into the global supply chain, with the country risking losing out on an additional 1-2 per cent of annual GDP growth unless it moves quickly, according to a new study.
Admiralty Casebook
  • Days of perpetual certs of competency numbered
    THE practice of issuing 'perpetual' certificates of competency to the masters of small commercial vessels by the Australian state and territory governments may end sooner than expected following a damning report into yet another collision between an ocean-going vessel and a fishing vessel earlier this year.

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Sched Netweb site
OCTOBER 28, 2005
  • Aussi Customs turns to old system to help clear ports out of ICS jam
  • UPS HK sees 20pc growth in Q3 export volumes
  • Jiangsu's Dafeng Port starts trial operations
  • Hunan e-port to come online soon
  • MICT hits 1m container mark
  • CP Rail profits up 15pc
  • HK carriers prepare for possible avian flu outbreak
  • Boeing posts Q3 profit

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Exim Indiaweb site
OCTOBER 28, 2005
  • Schenker India's Jodhpur office begins full-fledged operations
  • Mazagon Dock to build dredger for DCI
  • GAPL acquires state-of-the-art tug
  • Maersk Line commences services from MICT
  • Sale-deficit of abandoned goods & the MPT Act 1963
  • Streamlined transport links can increase GDP by 1-2 pc
  • Stiff licence fees may have to be paid by private container train operators
  • RBI's credit policy will propel textile exports, says Fieo
  • Infrastructure funding via ECB route made easier
  • EEPC fair nets orders worth $ 1.7 m in Singapore
  • Jute exports near fiscal target
  • Govt committed to infrastructure development-Budhiraja

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International Transport Journalweb site
OCTOBER 27, 2005
  • New president for port of Dunkirk
  • All brands unified under the Unifeeder roof
  • Lufthansa selling Thomas Cook stake?
  • EWS obtains French rail safety certificate
  • Green light for NYK Reefers and LauritzenCool merger
  • Increases in Australian trucking charges likely
  • Geis Group installs pick-by-voice order picking for Siemens

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Maritime Global Netweb site
OCTOBER 27, 2005
  • Uncertainty over Singapore bunker quality
  • Braemar Seascope sales and profits soar
  • Wilh Wilhelmsen claims "good results"
  • Strong Q3 figures from Aker Yards
  • Kursiu Linija buys specialist boxes

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Marine Logweb site
OCTOBER 27, 2005
  • Jurong books $422.7 million rig order

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World Wide Shipperweb site
OCTOBER 27, 2005
  • Portland Airport sets record for most travelers for month
  • Steel imports into US down for month of September
  • Survey finds Panama Canal will see extended growth
  • Task force completes study of Canadian trucking strike
  • Port managers receive AAPA certification today

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Lloyd's Listweb site
OCTOBER 28, 2005
  • Genmar looks to secure future with $800m credit facility
    A NEW $800m revolving credit facility is to underpin General Maritime's future efforts to provide 'long term shareholder value'.
  • Standard P&I Club says one premium size does not fit all
    STANDARD P&I Club is to adopt a novel two-tier approach to shipowner renewals.
  • Sembcorp's Lua critical after fall
    SEMBCORP Marine chairman and Singapore shipping industry veteran Lua Cheng Eng is in intensive care in a Beijing hospital following a fall.
  • Russian Navy wins Tsavliris tug-of-war
    One of the world's most powerful salvage tugs, Nikolay Chiker, appears to be headed out of the commercial salvage market, it has emerged.

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Fairplayweb site
OCTOBER 27, 2005
  • New storm to strike Central America
    TROPICAL Storm Beta formed today in the western Caribbean Sea and is likely to hit Central America as a hurricane by the weekend
  • Good tax prospects for German owners
    DESPITE growing controversy over the German tonnage tax regime in the run-up the country's elections, German owners have faith in the future of the beneficial tax scheme
  • Phils ferry safety improving
    PHILIPPINES domestic shipping operators have made record improvements in safety standards for their passenger/cargo fleet, according to the Maritime Industry Authority
  • Tight VL supply/demand ratio forecast
    INCREASING long-haul trade in crude oil is on the way, but for shipping the effects may be muted by the emergence of short-haul services, a broker's analyst said today
  • Drewry: India must improve infrastructure
  • Unitor and CAT depress WWI
  • Port problems hit Med cruise
  • Brazilian beef ban bashes reefer biz
  • Good times due for product tankers
  • Double fine for fleeing bulker
  • Manises workers down-tools
  • Aker Yards posts earnings rise
  • GenMar profits plummet
  • Hurricanes pose jack-up risks

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The Journal of Commerceweb site
OCTOBER 27, 2005
  • Revenue powers Union Pacific profit
    The largest U.S. rail operator said earnings rose 83 percent in the third quarter on higher revenues and reduced tax liability.
  • Earnings: Canadian Pacific | BNSF | CSX | Norfolk Southern
  • Canada says NAFTA at risk in lumber dispute
  • Some landside limits for Port Everglades
  • WTO: Slower trade growth in '06
  • House panel votes to repeal Byrd amendment
  • TACA drops LA surcharge
  • N.C. ports win security funding
  • U.S. completes maritime security plans
  • Busiest day: 8.5M packages for FedEx

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Containerisation Internationalweb site
OCTOBER 27, 2005
  • Australian backlog recedes, only to be refreshed
    Australia's major container ports are seeing an incremental reduction in the import container backlog caused by Customs' new computer system ' but peak-season pre-Christmas shipments are replenishing box numbers daily.
  • Truckers' survey contradicts PierPass review of OffPeak scheme
    Truckers in southern California have a lower opinion of the OffPeak scheme, supposed to encourage containers to move at nights and weekends, than first reported.
  • Rumoured Russian terminal sale would be sea-change, say observers
    Reports have linked two northwest Russian terminals to foreign investment, but official sources have gone quiet about a deal which could mark a change of direction in more ways than one.
  • PN farce continues as Toll resumes Patrick attack
  • Rotterdam unions set to enter merger talks with Maersk
  • CSCL inks volume agreement with VPA
  • EWS strike out on their own across Europe
  • Korean hauliers expected to accept government proposals
  • Ulsan and Masan suffer from volume drop
  • Szczecin-Swinoujscie throughput booms 30%
  • Strong intermodal propels CPR's Q3 profit growth
  • CIMC shuts down a Shanghai box manufacturing plant
  • Russian Rail: Trans-Korean Railway's time has come
  • Qingdao to boost handling-productivity up to 50%

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TradeWindsweb site
OCTOBER 27, 2005
  • Ice class tourism
    Are Greek shipowners piling into the Arctic tanker trade just ice class tourists or serious players intent on setting up quality long term operations?
  • CMB escapes rate decline
    Charter coverage helps Marc Saverys' Bocimar maintain profitable third quarter.
  • Extra expenses hurt MMM
    High price of bunkers and extra drydocking costs push Malaysian Merchant Marine to fourth quarter loss.
  • Bocimar sells bulkers
    Two panamax newbuildings fetch a stingy $82m in falling market.
  • Steady as she goes
    Results at Belgian gas player Exmar tempered by high bunker costs and dry-docking expenses.
  • U-Ming loses momentum
    Taiwanese owners' earnings fall in latest quarter to drag nine-month result below 2004.
  • Hamworthy nets LNG deals
    UK-listed firm to supply reliquefaction plants for Qatar gas carriers building at Hyundai Heavy Industries.
  • No retreat on dividend
    Georgiopoulos says use of cash for share buybacks and debt paydown does not reflect 'abandoning' of high-dividend strategy.
  • Handy deal for Pacific Basin
    Hong Kong owner frees funds by selling five handysizes and chartering them back into the fleet.
  • Kirby comes out stronger
    US oil barge giant increases earnings despite hurricane season disrupting US Gulf business.
  • Petridis and Bolin sell into Aries
    US-listed operator buys tanker from sponsors' private operation.
  • Mercator profit depreciates
    Indian tanker and bulker owner's second quarter earnings held back by asset devaluation.
  • Wan Hai takes a dip
    Taiwanese boxship owner sees profit slip in first nine months, despite revenue growth.
  • Wilh Wilhelmsen on track
    Profits dip in latest quarter from Unitor purchase but company bullish about full-year result.
  • Doubling up
    Sincere Navigation turns in another good set of figures.
  • Active Aker Yards hikes earnings
    Norwegian shipbuilding group boosts nine-month profit as orderbook swells to NOK 35bn.
  • Lua hospitalised
    Ex-NOL veteran seriously ill in Beijing hospital after a fall during a business trip to the Chinese capital.
  • SCI seals VLCC deal
    Daewoo confirms long-rumoured order for two big tankers for Indian state shipping company.
  • Great Eastern rises by 6%
    Though gain on bulker ship sale accounts for profit increase.
  • Arlington profits slide
    Reduced operating expenses at Stena tanker spin-off fail to compensate for weak third quarter rates.
  • Katrina and Rita clobber ISC
    Hurricanes take their toll on New Orleans bulker and liner operator pushing it to a third quarter loss.
  • Chong lifts Vita stake
    Former Links Island founder edges closer to 10% stake in Singapore owner and property group.
  • Eagle gets Nordsund
    US-listed handymax player takes delivery of first of two supramax bulkers acquired from Norden.

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American Shipperweb site
OCTOBER 27, 2005
  • TSA: Cost burden of structural changes must be spread
  • California air regulators propose rules for ocean vessel fuel
  • Hurricanes force Int'l Shipholding's 3rd-quarter results into red
  • Sea Star Line to add third vessel in U.S./Puerto Rico trade
  • Former MarAd chief enters alliance with Jones Walker
  • Boeing Co. profits up 122% in third quarter
  • Jet Airways orders 10 A330-200's, options 10 more
  • Air New Zealand orders two more 787-8 "Dreamliner" planes from Boeing
  • CP Railway's 3rd quarter net income up 15%
  • Norfolk Southern's 3rd-quarter profit rises 4%
  • CSX's 3rd-quarter profit up 33%
  • NOL/Drewry report: India's transport connections limiting GDP growth
  • Industry group to raise support for Doha Round
  • Vancouver Port Authority to continue with truck-licensing program
  • ILA picks Hughes as executive vice president

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The Scandinavian Shipping Gazetteweb site
OCTOBER 27, 2005
  • Record order backlog at Aker Kvaerner
    The order backlog at Aker Kvaerner was a record NOK 46.4 billion (EUR 5.94 billion) at the end of September ...
  • Labour disputes cut Finnlines-result
    Finnlines' revenues during the first nine months of the year totalled EUR 538.4 million, which is four per cent higher ...
  • Big investment to move fast ferry project
    In order to get the planned fast ferry project between the Norwegian Port of Drammen and the French Port of ...

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The Bunker Bulletinweb site
OCTOBER 27, 2005
  • Cruise ship season ends for Vancouver suppliers
    The boost to bunkering from cruise ships is ending this week but suppliers look to stay busy as winter approaches.
  • Bahamas bunkering resumption uncertain
    Terminal damage keeping bunkering in Freeport shut down again today but with no impact on bunker markets elsewhere.
  • Oronite: Force Majeure intact despite Oak Point restart
    Lubricant additives supplier says plant is back to full-scale operations, but logistics and raw material supply remain a problem.
  • Singapore bunker quality dispute fuels speculation of foul play
    Variable fuel test outcomes has led a Singapore paper to ask some uncomfortable questions.
  • Tanker fined around $1,000 per litre for oil spill
    Canadian court orders tanker to pay in the order of $1,000 per litre for estimated 64 litre illegal oil discharge.
  • Fuel subsidy agreement sees Spanish fishermen end blockade
    Spanish fishermen have reached an agreement with the government that will see an end to their blockade of major Spanish ports.
  • Rotterdam softer with crude
  • Singapore: Gains in stocks of residual fuels and distillates
  • Strong growth in New York, but investment needed
    Senior Chemoil official says growth in New York has been strong, but remains cautious due to restricted infrastructure.
  • Survey: High bunker cost may trim Evergreen's Q3 profits
    Evergreen Marine Corp may report a fall in its quarterly profit as reduced shipments and higher bunker fuel prices slowed Taiwan's export growth.

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