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| JANUARY 3, 2006 |
Shipping News
- Antwerp container traffic up 5% last year
ANTWERP, Europe's second-largest port, handled almost 5 per cent more cargo last year compared with 2004 as container traffic and steel shipments increased.
- Shanghai port hits 443m tons in cargo throughput
THE cargo throughput of east China's Shanghai port reached 443 million tons in 2005, sources with Shanghai Port Administration said on Saturday.
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| JANUARY 3, 2006 |
- Value of HK exports up 11.5pc in November
- Antwerp handles 7pc more boxes in 2005
- QQCT takes delivery of 2 state-of-the-art quay cranes
- Deepening of Tianjin channel to be completed by Q3 2006
- CP Ships reshuffles top line-up following take over
- Logistics park to be built in Xian
- Delta pilots ratify interim agreement
- NYNJ port authority to spend US$5b on security, transport upgrades
- US joins revised WCO convention
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| JANUARY 3, 2006 |
- MoS gives nod for legislation on shipping trade practices
- GIC to manage govt’s war-risk insurance scheme for shipowners
- India remains on ‘grey’ list of key maritime pacts
- Private shipping lines netting big catch of govt officials
- MICT achieves record 899 moves in 11 hours on MSC ship
- CP Ships unveils 3 new services
- Norasia adds Xiamen to AMP service
- CSCL orders new mega vessel
- MSC, PSA to operate terminal in Singapore
- Shipbuilders set new record by taking orders worth $ 23.3 bn
- Qingdao port enjoys world’s highest shipping efficiency
- With TUI taking over, CP Ships’ Miles & Webber bow out
- NY/NJ Port Authority wins award
- UK approves Hull box terminal
- Albatross Shipping handles 1st LCL box for Pakistan
- Yarn imports from China come under anti-dumping probe
- US to scrap anti-dumping law
- New screening system to expedite air cargo clearance
- Automobile exports up by 30 pc in 2005
- Nafed not to export mustard seed
- Jharkhand studying port proposal
- Kandla Port Trust invites RFQs to develop 4 berths
- Major reforms in goods transport structure on cards
- NMDC may join SPV to develop road link to Krishnapatnam
- Overseas acquisitions set to top $ 4.5 billion in 2005
- CBEC to compound certain offences to free assessees from undue litigation
- Lankan President invites Indian investors
- Scrap FBT, withdrawal tax & simplify TDS procedure, urges AIAI
- PHDCCI to support SMEs
- Business upbeat, finds CII’s survey
- Error in citing law no ground to deny benefit-SC
- Sec. 80HHC valid for profit-making units: SC
- Ms Kherawala appointed CBDT Chairperson
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| JANUARY 2, 2006 |
- CP Ships names new CEO and CFO
- Rochester's new mayor faces ferry decision
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| JANUARY 3, 2006 |
- Horrocks leads New Year roll of honour
AWARDS for services to both international and British shipping featured in the New Year’s Honours. Long serving secretary general of the International Chamber of Shipping and International Shipping Federation Chris Horrocks was made a CBE for services to the shipping industry.
- PSA share offer delayed again as profits slide
Terminal operator PSA Corp’s long awaited initial public offering has been delayed further after its profits took a hit following restructuring.
- Russian government names February auction date for Fesco stake
RUSSIA’S federal property fund has confirmed that the auction of the government’s 19.8% stake in Far East Shipping Co will go ahead on February 16.
- Ukraine row could boost Europe’s energy imports
IMPORTS of oil and liquefied natural gas could rise as Europe faces an energy crisis engineered by Russia, writes Martyn Wingrove.
- Electra ‘accepts’ Istithmar bid of $285m for Inchcape
ISTITHMAR PJSC, a Dubai government-owned investment firm, has agreed to buy London-based Inchcape Shipping Services, sources close to the deal have said, Dow Jones reports.
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| JANUARY 2, 2006 |
- MISC said to be eyeing Teekay
MALAYSIAN national carrier MISC is said to be eyeing a substantial stake in New York listed tanker operator Teekay Shipping Corp. It is believed that talks are being held since the past couple of months
- Efforts on to dislodge APL Panama
THE fully laden APL Panama, which was grounded off Ensenada in Mexico on Christmas Day, is expected to be dislodged late this week
- PSA listing will be delayed
THE oft discussed Initial Public Offering of Singapore container terminal operator PSA International could be delayed, the government has indicated
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| JANUARY 2, 2006 |
- Third time unlucky
Grounding of BP tanker might have been averted if two previous incidents had been reported.
- Germans take charge
Capt Adolf Adrion takes the helm for CP Ships final voyage.
- TEN loses director
Greek banker Angelo Plakopitas quits board of quoted Tsakos tanker company.
- Dubai swoops for ISS
Top agency firm Inchcape Shipping Services set to follow P&O into Middle East ownership.
- Unitor to be delisted
Wilh Wilhelmsen consolidates takeover of ship supplier with compulsory purchase of shares of minority investors.
- Pareto S&P begins
New Soren Greve led broking venture gets underway with five man team.
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| JANUARY 2, 2006 |
- Strike notice on Swedish vessels
The Swedish Merchant Marine Officer’s Association (Sjöbefälsförbundet) has filed a notice of strike on 10 Swedish flagged vessels from 13 ...
- No charts on grounded tanker
The Liberian-flagged tanker "Red Wing" grounded last week on Västerflacket off Landskrona in the Sound, on a voyage from ...
- "We need Norwegian seamen"
Norwegian shipowners need Norwegian seamen, according to Lars Peder Solstad, head of Solstad Offshore, the company with 700 Norwegian samen ...
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| JANUARY 2, 2006 |
- California ports to cooperate on emissions monitoring
Ports of Los Angeles and Long Beach sharing air quality data in 'milestone accord'.
- Stena Oil on MARPOL, sulphur and double trouble
Sweden's leading bunker supplier talks to Bunkerworld about the upcoming SECA and fears that the market is poorly equipped to deal with the challenges it will present, about environmental policies, and the real trouble with MARPOL bunker samples.
- Quiet 2006 start in ARA market
- Pakistan oil firm seeks 180 cst bunker fuel
Pakistan State Oil inviting bids for 165,000 mt of bunkers for January and February delivery.
- Aramco reveals larger oil output
Saudi Aramco has revealed plans to raise oil output above its current output of 10.5 million bpd.
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