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06 December 2019 The on-line newspaper devoted to the world of transports 22:19 GMT+1




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The Business Timesweb site
MAY 4, 2006
Shipping News
  • Malacca Strait piracy-free in Q1 despite 9% rise in global attacks
    THE Malacca Strait remained piracy-free in the first quarter this year despite an 8.9 per cent rise in global attacks, with Indonesian waters outside the Strait retaining the dubious distinction as the world's most piracy prone.
  • LA ports to grow amid challenges in 2006: study
    THE California ports of Los Angeles and Long Beach will continue to boom in 2006, with the number of containers passing through the busiest combined US seaport expected to increase 10 per cent, according to a report.
  • Hyundai Heavy says not making hostile takeover of Merchant
    HYUNDAI Heavy Industries Co, the world's biggest shipbuilder, said its purchase of a US$527 million stake in Hyundai Merchant Marine Co is not a hostile takeover.
  • Shipowners need to spend US$7.5b on tankers before UN ban
  • QE2 probed over alleged garbage dumping
  • Alleged Somali pirates freed after US declines to prosecute

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Sched Netweb site
MAY 4, 2006
  • Coscon to serve Miami with new CUE liner service
  • New ship deployed in Taiwan Straits service
  • UASC reports 2005 profit
  • Guangxi starts work on Pingguo port project
  • APL volumes rise 6pc YTD, revenue down 1pc
  • Chinese see potential in Malaysian hub
  • Frontier orders 10 A320s
  • Lufthansa Cargo raises fuel surcharge to US$0.75/kg
  • Northwest Airlines reshuffles exec line up after top staff resign

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Exim Indiaweb site
MAY 4, 2006
  • Larsen & Toubro makes foray into shipbuilding
  • FEFC to raise levy on Asia-Europe cargo in June
  • Petronet LNG to raise $ 100 m to finance kochi LNG terminal
  • NSCSA & Orient Ship Agency set new cargo handling record at Mumbai Port
  • Defective emergency equipment on ships will invite disciplinary action, warns DGS
  • STPI exports cross Rs 1,00,000 cr. in 2005-06
  • Polish trade mission seeks tie-ups
  • DP World's acquisition of P&O Ports
  • Cathay to start twice-a-week Mumbai-Chennai cargo freighter service
  • UK-based firm to construct air cargo complex at Hyderabad's new airport
  • Delhi, Mumbai airport operations handed over to private sector
  • Now, Finance, Commerce Ministries differ on SEZ airports handling domestic cargo
  • Forex reserves rise by $ 2 bn
  • GEAC approval made mandatory for soya oil imports
  • India, Pak basmati may get common trademark
  • Maharashtra Economic Development Council meet

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Maritime Global Netweb site
MAY 3, 2006
  • Piracy attacks increase in Q1
  • Wilh. Wilhelmsen's Q1 profit up
  • FBI boss quizzed on co-operation with the Coast Guard
  • Nordic American's strong start to year

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Marine Logweb site
MAY 3, 2006
  • Maritrans set to order tugboats
  • SHI to build world's largest drillship
  • Keppel yards share $140 million Transocean contract
  • Rig readied for next hurricane season

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World Wide Shipperweb site
MAY 3, 2006
  • Saga vessel makes maiden call at Port of Vancouver USA
  • Celebration set to open new year of boating in Bellingham
  • Columbia River Propeller Club making event date changes
  • Port of Olympia receives windmill parts shipment
  • Coast Guard's North Bend station conducting tsunami exercise today

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Lloyd's Listweb site
MAY 4, 2006
  • Polembros sails into 'green' fury over Alfaship scrapping deal
    GREEK shipowner Polembros was yesterday forced to defend its decision to send a single-hull tanker to a Bangladeshi breakers' yard after finding itself the next target in the campaign by environmentalists to put an end to what they claim is an illegal trade.
  • Carriers hope for compromise in US box screening debate
    SHIPPING industry efforts to prevent US laws mandating screening of all inbound containers at overseas ports before being allowed to sail appear to be alive as two parallel Bills wend their way through Congress.
  • Arbitration ruling brings breathing space for struggling Sea Containers
    UNCERTAINTY over the future of container leasing giant GE SeaCo has lifted by an arbitration decision that will disentangle the company from one of its shareholders, writes Janet Porter.
  • Names look forward to bumper 2006
    NAMES at Lloyd's are looking to 2006 as another bumper year.

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Fairplayweb site
MAY 3, 2006
  • Vessel sales boost GenMar
    VESSEL sales boosted first quarter profit at US-based General Maritime Corp, despite the lower revenue generated by its newly-trimmed fleet
  • Odense yard management changes
    CHANGES to senior positions have been announced at AP Moller's troubled shipbuilder Odense Steel Shipyard
  • Migrant Watch: US/Caribbean
    THIS week's staple report on sea routes used by seaborne migrants, where possible incorporating news or statistics on apparent trends
  • Migrant Watch: Bahamian smuggler indicted
    A BAHAMIAN national was indicted yesterday in the death of a migrant he was shuttling from the Bahamas to Florida
  • Leaking box forces ship back to port
    US COAST Guard and hazardous materials teams are working in Puerto Rico to remove a leaking container that forced the US-flagged boxship Horizon Producer back into port
  • Hurricane recovery officials named
    THE US federal government has appointed 27 officials to co-ordinate recovery efforts as the hurricane season approaches
  • Costa dresses Allegra for China
  • Wilh Wilhelmsen posts healthy quarter
  • Berlian plans share buy-back
  • Senate panel endorses port security bill
  • Reefer damaged in quay strike
  • Lost migrants suffer terrible fate

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The Journal of Commerceweb site
MAY 3, 2006
  • PD Ports proposes UK mega-port
    PD Ports has submitted plans to build a 1.5 million-TEU container terminal at Teesport, a center for bulk shipping in northeast England.
  • W. Wilhelmsen's first-quarter profit up 8.7%
  • Canada budget hikes funding for security, port development
  • Horizon Lines ship turns back after hazmat leak
  • Intra-Asia trade to boom, according to UPS survey
  • Mail helps TNT profit
  • Gain for global air cargo
  • Railroads sign off on U.S.-Mex intermodal pact

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Containerisation Internationalweb site
MAY 3, 2006
  • HMM to raise fund and take over Hyundai Construction
    Hyundai Merchant Marine will issue 30m new shares on May 15, at a price of W12,000(US$12.85)/share, to raise W360bn(US$385.4m) to take over Hyundai Construction, which owns 8.69% of HMM.
  • SBB Cargo flexes its muscles on the Germany-Italy axis
    SBB Cargo is planning a massive expansion of its international intermodal services in door-to-door and single-wagon traffic between Germany, Switzerland and Italy from the end of this month.
  • Mid-to upper-market gains, but niche deals available
  • Maersk's troubles get public airing in New Zealand
  • Virginia increases revenues 11.5%, with any cost-rises fuel-related
  • Chery starts auto-assembly in Kaliningrad
  • Toll to de-list SembLog
  • PAN secures ship for Boomerang II and reveals ambition on Patrick

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TradeWindsweb site
MAY 3, 2006
  • Teekay beats 'Street'
    Vancouver shipping giant rides surprisingly strong aframax rates to top analysts' projections.
  • Solvang strengthens
    Good activity in gas carrier markets boosts first quarter result for Norwegian owner.
  • SeaCon, SeaCo: Sort it out!
    Troubled ferry and container company Sea Containers told to pay up to GE SeaCo or pencil in another date with the arbitrator.
  • Veder ties up Gasnor charter
    Duth owner Anthony Veder takes LNG carrier on 15-year time charter from Norwegian gas distribution company Gasnor.
  • Victory for Blasco
    Bankrupt Ukrainian line's president is appointed liquidator of the company.
  • Tidewater buoyant
    US supply ship giant enjoys better day rates in 2005 to send profit rocketing.
  • No regrets
    Peter Georgiopoulos reminds investment analysts that a 2005 cash splash on products tankers would not have looked very smart today.
  • Brostrom makes cool buck
    Cold weather warms Brostrom's heart in first quarter but Swedish owner sees rates thawing through the year.
  • Uglands posts pretty profit
    December vessel sale helps private Norwegian bulker and tanker owner Uglands Rederi to a massive 102% profit increase in 2005.
  • Limarko enters UK
    Lithuanian owner sets up British base to win new reefer business.
  • The whole nine yards for SembCorp
    A ninth consecutive quarter of profit gain for SembCorp Marine of Singapore on the back of rig orders and repair contracts.
  • Cargoship comes to trawler's aid
    Taiwanese crew rescued from ship in bad weather off Papua New Guinea.
  • Tourists stay away
    Irish Ferries' car volumes still falling, while parent group lines up new container terminal in Belfast.
  • Oil greases Keppel's wheels
    High oil prices and a healthy world economy keep Keppel Corp of Singapore on the right track in the first quarter.
  • Malacca piracy free?
    Asian waterway sees no incidents of piracy in first quarter, says International Maritime Bureau.
  • WW profits surge 40%
    Ingar Skau is smiling after expanding volumes help Wilh Wilhelmsen increase its profitability.
  • Hyundai Mipo builds profit
    Hyundai Mipo of Korea builds a big profit in the first quarter as orders continue to roll in.
  • Shih Wei on way down
    Taiwanese bulker operator struggling with weaker markets in first quarter.
  • L&T wants another yard
    Indian company planning to invest more cash in shipbuilding after winning first order this week.
  • Disposals lift Genmar
    Profits from sale of nine aframax OBOs helps offset loss of revenue from reduced fleet size.
  • NOL bucks downturn
    Singapore liner operator sees a 5% increase in container volumes compared to twelve months ago.
  • Reefer hits Miami quay
    Investigation launched into how Panama-flagged ship struck sea wall in Biscayne Bay in US.

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American Shipperweb site
MAY 3, 2006
  • Wilh. Wilhelmsen's 1st-quarter income rises 40%
  • Europe/Caribbean/South America carriers to raise bunker surcharges
  • Piracy attacks up 9%
  • Harley adds double-hull tank barge
  • U.S. international air cargo up 9.7% in March
  • Lufthansa Cargo hikes fuel surcharge again
  • Kansas City Southern's profits up 40% in 1st quarter
  • Pacer's 1st-quarter profits up 22%
  • TNT's first quarter net income up 6%
  • New Jersey site granted foreign trade zone status
  • Reinke chairman and CEO retires
  • FMC reviews 15 OTI license applications
  • Senate committee passes GreenLane bill
  • Port of Long Beach, Matson-SSA terminal agree to cold-ironing amendment
  • Saga Adventure makes maiden call at Vancouver

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The Scandinavian Shipping Gazetteweb site
MAY 3, 2006
  • 29 million passengers to, from or in Sweden
    The members of the Ferry Operators' Association in Sweden carried last year close to 29 million passengers to or from ...
  • Broström doubles profit
    The Swedish tanker operator Broström reports a SEK 310 million (EUR 33.3 million)pre-tax profit on a net turnover ...
  • Aker Floating Production buys suezmax tankers
    Aker Floating Production (AFP) is reported to have bought another two 188,000 DWT suezmax tankers for conversion to Floating Productions ...

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The Bunker Bulletinweb site
MAY 3, 2006
  • Amerada Hess shortens company name
  • K-Sea releases quarterly results
    Barge operator seeing net income and operating revenues up from 2005.
  • Port signs 'landmark' green lease with shipowner
    Port of Long Beach and Matson agreeing to emissions reducing measures as part of new lease agreement.
  • DOE & API at a glance: This week's key US inventory figures
  • Russian official confirms export duty hike
    Russian official confirms hike amid news of synchronisation of crude and product duty implementation.
  • Lack of enforcement clouds cleaner air efforts
    Doubts raised about just how efficient policing of sulphur limits in marine fuels is going to be.
  • Rotterdam firm on crude rise
  • Titan upbeat on 2006 performance despite negative rating
    Standard & Poor's Ratings Services has revised its 2006 outlook on Titan to negative, but Titan paints a positive picture.
  • Evergreen posts sharp drop in Q1 profit
    Higher bunker fuel costs and lower freight rates causes slump in Evergreen Marine's Q1 profit.




Vincenzo Miele


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