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| SEPTEMBER 29, 2005 |
Shipping News
- Line consolidation seen as challenge and opportunity
WHILE the recent bout of liner shipping consolidation is good for the industry, at the same time it is both a challenge and an opportunity for Singapore, according to the head of the Singapore Shipping Association .
- Anti-piracy drive needs more arsenal
IN the azure skies above the Malacca Strait, pairs of human and electronic eyes scan the myriad ships scattered like so much flotsam and jetsam across the shimmering surface.
- Maersk pleads guilty to false oil disposal records
DANISH shipper Moller-Maersk was fined US$500,000 after pleading guilty on Monday to doctoring waste oil disposal records, federal prosecutors said.
- Kogas delays picking LNG carrier partners
- US concerned about Malacca Strait security
- Teekay, Mitsui, Indian owners in LNG bid
Logistics
- Cargo handling conference coming to S'pore next March
THE biennial cargo handling conference will be held in Singapore - for the first time - in March next year, focusing on the growth in containerised trade in Asia.
- Foreign investors shun China's railway industry
CHINA is struggling to attract private capital and foreign firms to invest in the expansion of its railway industry amid fears over profit guarantees, state media reported.
- NWS in China terminals venture
NWS Holdings Ltd said on Tuesday it had agreed to form a joint venture to develop and operate rail container terminals in China, with investment amounting to 20 billion yuan .
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| SEPTEMBER 29, 2005 |
- Wan Hai Lines christens new vessels
- Panalpina earns US$867.16m from IPO
- Shekou introduces life detector to help find stowaways
- Port of Houston Authority reopens
- Singapore honours 27 firms at the MPA Intl Maritime Awards
- US truckers call for single fuel standard to combat price spikes
- Memorex renews contract with K + N in the Netherlands
- Cargo 2000 members agree to publish more data
- Lufthansa Cargo woos Japanese market with ad campaign
- Weather aviation seminar to be held in HK
- Virgin Atlantic to boost Cape Town service
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- Agil Freight Logistics opens first overseas office in Bahrain
- MANSA President summarises initiatives & successes at 27th AGM
- IPBCC suspends Navi Mumbai congestion charge for November too
- SCI, GE Shipping looking for partners to capture contract to bring LNG
- Export demand raises crumb rubber prices
- Soyameal exports set to surge with increased Japanese demand
- KPT begins widening & deepening channel at reduced estimated cost
- No congestion at US West Coast ports now, but glitches remain, says TSA
- Transporters operating at JNP reiterate intention to go on strike from Oct. 5
- India may give tariff concessions to textiles from Saarc countries
- DEPB scheme’s alternative may come with annual revenue outgo limit of Rs 10,000 cr.
- Defence Minister hints at new deal for micro, small units
- SEZs will boost industrial growth, attract FDI, feels PwC
- Work on Phase V of NH projects to be done under new concession pact
- CII team seeks tax incentives for food processing sector
- BCC&I to hold seminar on service tax tomorrow
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- UPS Iberia appoints new director general
- TT-Line GmbH & Co. Hamburg modernises ferries in Finland
- Toronto, Delhi, Doha and Ljubljana join the Swiss network
- Denmark: new fines system
- Agil Freight Logistics opens office in Bahrain
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| SEPTEMBER 28, 2005 |
- Katrina’s "massive" insurance losses
- Horizon IPO raises US$125m
- New laws threaten safety says Intertanko
- NUMAST in row with Irish Ferries
- Nordic American in shares sale
- KR improves regulations database
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- Maersk to pay $500,000 fine in pollution case
- Bonner steps down as CBP Commissioner
- Maritrans expects Jones Act waiver impact on earnings to be minimal
- Wartsila and MHI in strategic alliance
- Blohm + Voss wins QM2 drydocking
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| SEPTEMBER 28, 2005 |
- Coast Guard now issuing revised merchant mariner ID
- Longtime Port of Longview manager Robert McNannay dies of cancer
- Port of Tacoma publishes new brochure for truckers
- Horizon Lines plans first public stock offering
- Port of Portland calls for study of ways to improve PDX deicing
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- Commandos storm SNCM ferry to end ‘hijacking’
THE hijacked SNCM ro-pax ferry Pascal Paoli was on its way to the French naval port of Toulon last night after 40 helicopter-borne commandos stormed the ship as it was about to enter the Corsican port of Bastia with its rebel crew.
- Hapag’s Adrion adds Box Club chairman to list of container credits
HAPAG-LLOYD’S Adolf Adrion has been elected chairman of the Box Club, the exclusive association of liner shipping bosses.
- Mitropoulos stresses shipping’s ‘indispensable’ worldwide role
Awareness of the importance of sea transport is the message of today’s World Maritime Day, the annual International Maritime event designed to honour shipping.
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- Soldiers regain control over ferry
FRENCH police special intervention force GIGN launched an assault early this morning against the hijacked SNCM ro-pax vessel Pascal Paoli off the Corsican port of Bastia
- Koenig warns on 'unrealistic' IPOs
CONCERN is growing over the unrealistic strategies being employed for the launch of IPOs in the US market
- Time up for Cyprus ban
CYPRUS is confident that the Turkish ban on Cypriot ships entering its ports will be lifted within six months
- CBP's Bonner to step down
ROBERT Bonner, commissioner of US Customs and Border Protection, has announced his retirement, which takes effect at the end of November
- Irish Ferries positions harden
WITH a strike by Irish Ferries' officers set to begin on 2 October, there appears no mood on either side for concessions that could resolve the dispute
- MHI, Wärtsilä in two-stroke deal
MITSUBISHI Heavy Industries has reached agreement with Wärtsilä to pool their resources and experience in the field of two-stroke marine diesel engines
- Canada rail concern grows
- Kogas LNG venture postponed
- Migrant Watch: US/Caribbean
- Islamic finance 'more attractive'
- Smaller owners 'starved of finance'
- P&I reeling over liability increase
- Rita upside for crude carriers
- Caspian oil 'won't cut oil prices'
- Japan single-hull phase-out by 2015
- Singapore tax breaks bear fruit
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| SEPTEMBER 28, 2005 |
- Customs chief Bonner to retire
The Customs commissioner led agency during turbulent post-9-11 era when it became border guardian as part of Department of Homeland Security.
- Maersk quitting joint Africa services
- U.S. steel imports decline
- DHL planning U.S. retail stores
- Sugar dispute threatens WTO talks
- Dell shifts deliveries to USPS
- 3PL building land bridge for Chicago rail imports
- Malaysia agrees to Malacca security co-op
- Strike could disrupt India air shipments
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| SEPTEMBER 28, 2005 |
- Robert Bonner resigns from US Customs head role
Robert Bonner has announced his retirement, after four years as Commissioner of US Customs and Border Protection, during which time USCBP gained an ‘integral role’ in the new Department of Homeland Security.
- Dubai Ports group spins out regulation to concentrate on commerce
Regulatory functions have been spun away from the Dubai-based ports and free zone group DP, while ports management and FZ businesses have also been restructured on a commercial basis.
- Average boxship earning fall of nearly 20% tells only part of the story
- S. African strategy document points to severe rail capacity shortfalls
- Dalian Port Container Terminal extends Dayaowan joint venture
- Tasmania faces rail network closure
- Adolf Adrion to succeed Ray Miles at Box Club and WSC
- Australian Customs sticks to October 12 deadline
- RZhD working on double-stack trains
- EC signals failures in adopting Road Transport legislation
- Electronic network to integrate PRD terminals
- UASC and Hanjin to call at Busan New Port
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| SEPTEMBER 28, 2005 |
- TBS spends IPO money
US dry cargo operator buys bulker from Pacific Carriers fleet.
- Maersk fined for falsifying records
Danish giant takes rap after engineer admits doctoring waste oil book entries on LPG ship in San Francisco in 2004.
- Konig has a pop at IPOs
German KG boss tells Cyprus conference that Greek share offerings have inflated ship prices by up to 100%.
- Commandos storm SNCM ferry
French troops reclaim ro-ro hijacked by strikers protesting against shipping company’s privatisation.
- Semlow still under militia control
Somali gunmen fail to release food aid ship, using it instead to hijack second vessel.
- Jutha acquires MPP
Thai owner kicks off fleet expansion plan with acquisition of 10 year old multi-purpose vessel.
- K Line signs up agents
Japanese giant entrusts Baltic box and car carrier business to Limarko, KL Shipping and Scanrapid.
- HUBLine plans new China route
Intra-Asian boxship player opts to add another feeder service between China and east Malaysia.
- Maersk in tanker drama
Engineering cadet medivaced to Malta hospital after fall on brand-new vessel.
- Garware to grab three
Mumbai owner ready to order supply ship newbuildings and buy second-hand vessel from Norway’s Solstad.
- Green light for Glovis IPO
Wilh Wilhelmsen logistics interest to float up to 20% on Korean Stock Exchange.
- Numast challenges Irish Ferries
UK union says introduction of cheaper crews could lead to “mutually assured destruction” for industry.
- B+V secures QM2 work
German yard to undertake debut maintenance and repair contract for Cunard’s Queen Mary 2.
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| SEPTEMBER 28, 2005 |
- Horizon Lines announces IPO Horizon Lines announces IPO
- President Bush authorizes second Jones Act waiver after ‘Rita’
- Europe/South America carriers to raise bunker surcharge
- French commandos recapture seized vessel
- "K" Line appoints Baltic agents
- US Airways, America West complete merger
- EC plans to open aviation negotiations with Ukraine
- Mondiale Freight Systems, Corrigan’s Express sign reciprocal deal
- FMC reviews 11 OTI applications, revokes 15 licenses
- Bonner steps down as CBP chief
- Shippers pay fines for U.S. export violations
- U.S.-Andean trade talks gain traction
- USDA considers extension to 2005 sugar quota period
- Provia survey lays out biggest challenges for 3PLs
- Duran named CEO of U.S. Soybean Export Council
- Bush awards $77 million contract for AIDS drugs distribution
- BDP opens Ningbo office
- OHL names integrated solutions and operations directors
- Jacksonville roundtable to focus on growing Asia trade
- PSA, COSCO Pacific, APM Terminals to buy Dalian terminals
- Savannah sets volume record, ready for peak season
- Massie resigns from Virginia Port Authority board
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| SEPTEMBER 28, 2005 |
- Greeks blast criminalisation of seafarers
Current EU maritime legislation is against the interest of the shipping sector, according to the Union of Greek Shipowners and ...
- Mærsk in bargain with US Court
A.P. Møller-Mærsk has been fined by a court in San Francisco, California, in the case where a 2. Engineer ...
- Vetco Aibel expands facility to take jack-up
Vetco Aibel on Risøy near Haugesund will expand its facility in order to accommodate the rebuilding of the jack-up ...
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| SEPTEMBER 28, 2005 |
- Demand surges for Mexican bunkers
High demand in Mexican ports as buyers seek Gulf alternatives, but refinery outages will bite.
- DOE & API: US oil inventory reports
- Leading manufacturers strike two-stroke alliance
Two leading ship engine manufacturers to explore benefits of cooperation.
- Minoan's H1 results suffer fuel blow
Greek operator blames H1 losses on up to 60% fuel price hike, but is upbeat about H2 despite further bunker price gains.
- ARA: Prompt prices firm on worsening congestion
- Oil prices inch down as Saudi minister assures market
Saudi oil minister says there is no demand for extra oil now, while reassuring the market about future supply.
- Singapore sits firm as Asia's leader in oil trade
Singapore will likely remain Asia's leading oil trade and transshipment centre for another decade says senior Vopak official.
- Singapore: New details for Bunkers International (S) Pte Ltd
Office-move and new trader for Singapore branch.
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