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23 September 2020 The on-line newspaper devoted to the world of transports 01:32 GMT+2

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The Business Timesweb site
MAY 2, 2006
Shipping News
  • New maritime labour convention a model for fair globalisation
    WHEN the International Labour Organisation adopted 'Bill of rights' for the world's maritime workers this February, all concerned - governments, seafarers and shipowners - hailed this new labour standard as a landmark development for the world's most globalised sector.
  • S Korean shipyards seen raising prices to tackle rising won
    HYUNDAI Heavy Industries Co, the world's largest shipbuilder, and South Korean shipyards may raise prices as the increasing value of the Korean won cuts profit on vessels built for export, shipbroker Clarkson plc said.
  • Asia oil-product tanker rates rise for third week
    THE cost of shipping petrol, jet fuel and other so-called clean petroleum products rose in Asia for a third week because of demand from Japan.

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Sched Netweb site
MAY 2, 2006
  • Cosco gets preferential tax deal
  • CSCL implements cost control measures
  • Sinotrans Shunde launches barge service
  • ELAA demands access to volume data, to base investment decisions
  • Chengdu customs achieves 36.7pc export growth in Q1
  • Dragonair Q1 cargo volume up 8.1pc
  • Japanese regulation changes to benefit TNT's life science business
  • Vranckx named Swiss World Cargo VP

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Exim Indiaweb site
MAY 2, 2006
  • Changing alliances trigger 'seismic waves' on shipping routes
  • West Asia Maritime keen to acquire a Scandinavian shipping co.
  • GE Shipping earns higher net profit in 2005-06
  • WTC, AIAI sign MoU with Indo Turkish Assn
  • Sugar bounty leads to export move
  • Port of Virginia key gatewayto ex-im trade on US E. Coast
  • 21 vessels awaiting berth at Chittagong port outer anchorage
  • GDL posts significant growth in gross income, profits during 2005-06
  • CIFA, CGLN to co-host major freight forwarders' conference in Guangzhou next month
  • TICC Container Line seals 1st 40' HC box ex-ICD-Sabarmati for Far East
  • Infrastructure industries clock growth of 8.8 pc in March
  • SSI sector schemes to be restructured
  • Ministry clarifies GM products imports rule
  • Move to boost horticulture exports via AEZs
  • SEZs will not affect revenues, asserts Commerce Ministry
  • Wheat import may be allowed under OGL-Pawar
  • New tender for imports soon

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International Transport Journalweb site
MAY 1, 2006
  • New management for TNT in-night division
  • Rickmers-Linie establishes Japanese subsidiary
  • Bids for BAA
  • Foreign companies rule Italian railfreight roost
  • Geodis with revenue growth in Q1
  • Tougher Canadian supply chain security programme
  • Descartes acquires ViaSafe
  • Fresh Opportunities Congress 2006 in Munich

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Marine Logweb site
MAY 1, 2006
  • $30 million order for Jeffboat
  • U.S. repatriates piracy suspects
  • DHS releases maritime recovery plan

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World Wide Shipperweb site
MAY 1, 2006
  • New container crane squeezes way to Portland
  • IMO committee announces guidelines for seafarer treatment in wake of accidents
  • Invasive species workshop set for Bonneville Lock and Dam
  • NAFTA trading partners see gains during month
  • Homeland Security Department ready with maritime recovery plan

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Lloyd's Listweb site
MAY 2, 2006
  • Sea Containers teeters on total collapse
    DEBT-laden ferries and container leasing group Sea Containers may not survive its current financial crisis, an independent audit is expected to tell shareholders. Sea Containers issued the grim warning yesterday as it delayed filing its 2005 accounts for the second time.
  • GO carriers rejects Globus approach
    GLOBAL Oceanic Carriers is urging shareholders to repel a boarding party from George Fidakis' Globus Shipping, which is attempting to oust the dry bulk shipping company's board of directors.
  • PIL sets out prospectus for shipping trust
    PACIFIC International Lines' groundbreaking Singapore Exchange-listed shipping trust will own eight containerships and have rights for 13 more newbuildings.
  • Pacific Basin in minibulker move
    Handy specialist Pacific Basin Shipping is moving into the mini-bulk sector after signing a contract to acquire six 6,600 dwt minibulkers from a shipyard in northern China.

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The Journal of Commerceweb site
MAY 1, 2006
  • LA-Long Beach hit by trucker strike
    Hundreds of harbor truck drivers refused to report to work Monday, bringing gate activities at the Port of LA-Long Beach almost to a halt.
  • Shippers to be held responsible for box security, says FMC chief
  • U.S. details plan for port terror recovery
  • WTO sets Doha deadline
  • Sea Containers delays results
  • Miami port chief Towsley resigns
  • Truck index falls again
  • COAC meets May 16
  • FedEx simplifies freight options
  • Export ABCs: Fall from grace

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Containerisation Internationalweb site
MAY 1, 2006
  • JICT's workers call for higher income, stake ownership
    After a 10-minute May Day stoppage, Jakarta International Container Terminal's labour have asked management to increase salary standards by 30% and offer a stake in the terminal's ownership.
  • Korail boosts container capacity

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TradeWindsweb site
MAY 1, 2006
  • Knightsbridge tumbles
    VLCC owner's stock dives 6% after downgrade by Jefferies analyst today.
  • IPO A-OK for TBS CFO
    $2m bonus makes finance chief Ferdinand Lepere top earner for public tweendecker company in 2005.
  • SeaCon fights for its life
    Auditors expected to raise doubts about ferry company's ability to remain solvent.
  • New spill mystery
    JR Ship Management has shouldered cleanup costs for small spill in Delaware Bay as its Bermuda Islander undergoes oil-matching tests.
  • Tanker refloated
    Ernst Jacob panamax successfully pulled free without spilling cargo.
  • Jefferies downgrades
    New research chief drops 'buy' recommendations on half its tanker portfolio as spot-heavy operators set to suffer.
  • Double-whammy for Wan Hai
    Taiwanese boxship operator sees profits fall again, just days after S&P downgrade.
  • Somalian hijackers strike again
    A break in the number of attacks off the East African coast fails to hold, as Kenyan authorities report a fresh raid.

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American Shipperweb site
MAY 1, 2006
  • Vessel operator manages oil clean up in Delaware Bay
  • Pilot Air's 1st quarter revenue up 11%
  • Unisys: Shanghai catching up to Tokyo in e-bookings
  • Scott to depart YRC, open trade consultancy
  • U.S., Canada step closer to resolving softwood lumber trade dispute
  • Eller Web site seeks action to force DP World sale
  • Immigration protests to potentially hamper port operations
  • DHS completes maritime recovery contingency plan
  • Army Corps finishes VPA dredging to 50 feet

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The Bunker Bulletinweb site
MAY 1, 2006
  • Seattle the exception to quiet US markets
    May Day closures in key markets keeping buyers away today, and frustration on the West Coast over price levels.
  • Trucking strikes leaves port operations unaffected
    Long Beach and Los Angeles could be clearing cargo backlog as early as tonight, bunker suppliers reporting business as usual.
  • Japan: March bunker sales up 25.7% on year
    Bunker fuel sales to ocean-going vessels up both on year and on month.
  • Shipping lines raise bunker fuel surcharge
    The 15-member Far Eastern Freight Conference will raise bunker fuel surcharge come June this year.

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