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06 April 2020 The on-line newspaper devoted to the world of transports 10:16 GMT+2

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The Business Timesweb site
DECEMBER 29, 2005
Shipping News
  • Freight rates for Capesize ships may rise: Lorentzen
    FREIGHT rates for the biggest type of ships carrying iron ore and coal may rise in the first quarter as Chinese steel mills increase imports before a gain in ore prices, said Nicolai Hansteen, chief economist at Oslo-based shipbroker Lorentzen & Stemoco.
  • S'pore Nov bunker fuel sales up 3.8% on year
    SALES of marine fuels in Singapore, the world's largest bunkering port, rose 3.8 per cent in November versus a year ago, government data showed yesterday.
  • Hyundai Mipo to build 4 tankers for Saudi firm
    SOUTH Korea's Hyundai Mipo Dockyard Co Ltd is building four chemical tankers for Saudi Arabia's National Shipping Company , the Saudi firm said yesterday.

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Sched Netweb site
DECEMBER 29, 2005
  • CP Ships unveils new Australasian services
  • Norasia adds Xiamen to its AMP service
  • Zim captain let off, second officer to face charges in Japanese vessel collision case
  • Global express mail giants to enter Sichuan market
  • Qingdao container throughput breaches 6m TEU level
  • Shanghai, LA ports ink environmental agreements
  • Volume rises 12 per cent at Qinhuangdao Port
  • New cargo train service links Georgia with Kazakhstan
  • China Southern to spend US$134m on Beijing airport expansion
  • FedEx plane makes emergency landing
  • Aeroflot looking to buy up to 22 Dreamliners
  • Lufthansa gets green light from EU to buy Eurowings

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Exim Indiaweb site
DECEMBER 29, 2005
  • Shipping Ministry clears NMDP final draft
  • Petronet to decide in January on deal with Australian co.
  • Punjab potato for S. Asian nations in 2006
  • Prospects bright for export of pineapple by sea
  • Apparel exporters want favourable labour laws
  • 50,000 t sugar to be exported to Pakistan
  • Exporters in DTAs demand tax treatment on par with SEZs
  • Asean demands separate negative lists
  • Rising imports from India, China swell LA, Long Beach box handling figures to record levels
  • Nagpur farmers to export oranges
  • Posco to go ahead with developing captive port near Paradip
  • SPV formed for rail, road connectivity to Paradip Port
  • 2 berths for iron, coal to be built
  • Rising cases of vehicle, fuel theft in JNP area alarm NSCOWA
  • Fiscal handling target well within reach for Vizag Port
  • L&T to execute deepwater port project at Gangavaram
  • Kanara Chamber wants Customs facility at Mangalore airport
  • ECGC to set course for uncharted waters
  • Oil tanker rates from Persian Gulf to Asia drop
  • Chidambaram to hold pre-Budget meets with top EPCs & industrial bodies in mid-January
  • MIDC proposes power generator units in SEZs
  • Saroj Poddar elected president of Ficci

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Marine Logweb site
DECEMBER 28, 2005
  • Ambassadors International to buy American West Steamboats
  • EQT to acquire MTU Friedrichshafen
  • CBO analyzes Navy shipbuilding plan
  • Chinese shipyard production hits 12 million tons

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World Wide Shipperweb site
DECEMBER 28, 2005
  • United States signs on to amended global Customs rules
  • CP Ships plans to enter into number of new service deals
  • Port of Tacoma online with newest Pacific Gateway
  • Ambassadors International buying American Steamboat Company
  • Astoria-based Coast Guard cutter returns from extensive narcotics duty

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Lloyd's Listweb site
DECEMBER 29, 2005
  • Galileo blasts off to end Europe's reliance on American GPS
    EUROPE broadcast its first answer to the US Global Positioning System yesterday, following the successful launch of the first Galileo satellite.
  • BP and Sonatrach fail to fill Isle of Grain gas slot
    A SPARE slot for the delivery of liquefied natural gas to the Isle of Grain terminal has not been taken up, despite the prospect of high UK prices, writes Tony Gray.
  • MISC signs first 'foreign' long-term LNG ship chartering deal
    Another milestone has been reached by MISC, Malaysia's largest shipping group, with its first long-term liquefied natural gas carrier chartering deal outside of the parent Petronas group, writes Tony Gray .
  • Sierra Leone registry hits back in row over stolen ship Natris
    SIERRA Leone's fledgling registry yesterday dismissed suggestions that it had been slow to provide another flag with information on a stolen ship using forged Sierra Leone certificates.

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Fairplayweb site
DECEMBER 28, 2005
  • Three bidders for CalMac routes
    JUST three bidders remain in the running for the network of the 25-plus routes serving Scotland's Clyde and Western Isles, currently operated by state-owned CalMac
  • Scandlines could raise $950M
    DEUTSCHE Bahn and the Danish transport ministry have officially put the Scandlines ferry operation up for sale, with an anticipated sale price of about €800M ($946,000)
  • MTU sold to Swedish buyout group
    MARINE engine builder MTU Friedrichschafen has been sold to the Swedish buyout specialist EQT

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The Journal of Commerceweb site
DECEMBER 28, 2005
  • Major expansion for Port of Hamburg
    The German port will spend close to $1 billion to dramatically expand container handling capacity by 2010.
  • Recess for UPS pilots talks
  • Tipsy strad ignites Norfolk fire
  • No change for CSXI surcharge
  • Truck volume gains
  • STB elects Buttrey acting chairman
  • New cement plant for Port of Mobile
  • Korean port receives first vessel

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Containerisation Internationalweb site
DECEMBER 28, 2005
  • Maut success could see extension to secondary roads
    Drawing-up the first full-year balance of the Maut, Germany's new transport secretary Wolfgang Tiefensee says that by December 31 the income will be 'about €2.85bn (US$3.4bn).
  • CP Ships removes hazmat boxes but Valour remains grounded
    Hazardous cargo has been removed from the CP Valour as all efforts to re-float the beached vessel failed as heavy winds and 4m swells have hampered salvage operations.
  • Ulsan extends port fee cut
  • APL vessel grounded on Christmas Day
  • New World Alliance in Rotterdam terminal switch
  • JBIC backs proposals for Bangladesh river ports
  • China Shipping adds two berths in North China
  • Inchon earmarks budget for port development
  • Busan suffers container throughput drop
  • Hanjin establishes Spanish corporation
  • Hanjin adds Oakland to its transpacific service

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TradeWindsweb site
DECEMBER 28, 2005
  • Ambassadors gets American West
    A two-ship US-flag cruise company goes for one dollar, assumption of debt and shares that are forfeited unless targets are met.
  • Gavel goes down on Kristina
    Riga Freeport Authority gets its ship in one-bid auction.
  • Bulk rate bump?
    Lorentzen & Stemoco's top economist expects a 20% rise in capesize rates ahead of annual ore price negotiations.
  • Dobson's Irish Sea double
    Cyprus shipmanager set to add Irish Ferries' crew contract to one for rival ferry operator Norsemerchant.
  • Genmar sets buy-back price
    General Maritime will pay $1,151.12 on the thousand to get rid of unwanted bonds.
  • Boom saves MHI jobs
    Nagasaki shipyard to offer re-employment to workers heading for retirement in 2006.
  • Germany could block MTU sale
    German authorities have a month to say no to DaimlerChrysler's sale of diesel enginemaker MTU Friedrichshafen.
  • Close call for Anna
    Elderly NYK ship almost joined the fleet of lost car carriers after engine trouble.
  • Crew to sue shipowner
    Russian seafarers held for over two years over alleged oil crime are looking for the man behind the African Pride.
  • Hoegh expands out of Brazil
    Car carrier arm to start direct shipping to South Africa, the Middle East and the Far East from 2006.
  • Hydro signs up trio
    Norwegian oil company fixes supply ships on five to ten year charters from domestic shipowners.
  • Steadfast recovered
    Pirates abandon hijacked chemical tanker after international search operation pays dividends.
  • Gulf seals tanker finance
    Middle Eastern tanker player arranges finance for chemical tanker quartet building at Hyundai Mipo.

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American Shipperweb site
DECEMBER 28, 2005
  • CP Ships, CMA CGM in vessel sharing pact
  • CDC wants to expand quarantine rules for vessel personnel
  • Carriers to add Oakland to Round the World service
  • U.S.-Morocco trade agreement forthcoming
  • Corps of Engineers revises call for Long Beach dredging permits
  • Port Everglades sees record container volumes
  • Office of Fair Trading reviewing DP World's planned P&O buyout

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The Scandinavian Shipping Gazetteweb site
DECEMBER 28, 2005
  • Norwegian tanker aground in Danish waters
    One of the ballast tanks was damaged when the Norwegian chemical tanker "Sydstraum" grounded in Danish waters yesterday. The tanker ...
  • Fosen to build ROV vessel
    Fosen Mek Verksteder is to build a 95 metres ROV (Remote Operated Vehicle) vessel for Volstad Maritime in Ålesund for ...
  • Norwegian yard order book of 75 vessels
    Norwegian yards, spearheaded by Aker Yards, had a collective order book of 75 vessels worth around NOK 16.5 billion (EUR ...

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The Bunker Bulletinweb site
DECEMBER 28, 2005
  • Crude rise leaves US bunker markets nervous
    Oil prices touching $60 per barrel and US suppliers bracing for price rises.
  • Vancouver demand spikes, avails under pressure
    Suppliers reporting a flurry of enquiries as buyers look for bunker alternatives but avails in the region tightening.
  • Asia fuel oil arrivals to hit 2.8 million mt in January
    Fuel oil arrivals from the West into Asia will hit 2.8 million mt in January, the highest monthly figure in 15 months.
  • Japan: New nominations? Not until next year
    Tight supplies in Japan continue as bunker players could only look forward to early next year for new nominations and deliveries.
  • High cost of bunkers untimely for tax break removal
    An Italian shipowners' association is lobbying against the removal of a tax provision for vessels at this time of high bunker costs.

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