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20 September 2020 The on-line newspaper devoted to the world of transports 06:36 GMT+2

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The Business Timesweb site
MAY 11, 2006
Shipping News
  • DPW: 23-terminal network integration to complete soon
    DUBAI Ports World will complete the integration of the 23-terminal network formerly belonging to the Peninsular & Oriental Steam Navigation Co within four months, according to the Dubai terminal operator's chief executive.
  • Shanghai Port's April container volume a record
    SHANGHAI International Port Co, the operator of China's busiest port, handled a record number of containers in April, helped by the nation's rapidly expanding trade.
  • Yangtze ports' container volumes to triple by 2010
    SHANGHAI, the world's largest port, and other container terminals on the Yangtze River may handle three times more volume over the next five years, as manufacturing in the region grows, a report by Alain Charles Publishing Ltd said.
  • Lines to raise meat shipping rates from US
  • Asia freight rates edge up but outlook uncertain
  • Citigroup sees excess oil tankers

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Sched Netweb site
MAY 11, 2006
  • APL to inaugurate Pacific China Express (PCX) service to US
  • ITS, Coscon, Evergreen to start new China-USEC service
  • Hutchison to take 3 per cent stake in Tianjin Port IPO: report
  • China's economy growing faster than expected
  • Kuala Lumpur to host Asean ports and shipping conference
  • LA, Long Beach to install floating security barriers
  • FWL appoints sales director for Asia Pacific
  • Hactl April throughput up 2.6pc
  • SIA profit expected to fall due to rising fuel prices
  • Northwest looking to fly between Xiamen and Tokyo
  • CCN targets Asia Pacific region with new internet cargo portal

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Exim Indiaweb site
MAY 11, 2006
  • Cardinal Logistics becomes the driving force behind Kolkata Port's box traffic growth
  • Sical Logistics plans to raise $ 125 m overseas
  • Zim Line launches independent operations from Kolkata & Haldia
  • Tobacco exports inch up by 2 pc in 2005-06
  • Natural rubber exports total 69,446 t in 2005-06
  • Indo-Pak grey market far more than official trade
  • GAIL buys LNG from Algeria
  • Pak may import tea, sugar through Wagah
  • Software exports from Pune log 48 pc growth
  • JNPT goes for that extra mile!
  • L&T scouting for location to set up shipyard; to invest $ 110 m
  • Overloading ban helps Railways earn more
  • Railways may involve private sector in more areas entailing heavy investments
  • Major Egyptian order for BHEL
  • STC floats tender to import 3 million t wheat
  • Cluster approach, sops to be thrust of state's industrial policy
  • SEZs clearance will also hinge on jobs potential, asserts PM

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International Transport Journalweb site
MAY 11, 2006
  • Steve Bull appointed head of AirRep charter
  • Newbuilding for Cosco
  • Southwest Airlines takes 79 B737s
  • Geodis accepted as a new IDS shareholder
  • EGL reports solid first-quarter growth

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World Wide Shipperweb site
MAY 10, 2006
  • Port of Olympia earns award for airport improvement project
  • Transportation index posts gain following three months of losses
  • Vancouver, Washington yacht builder announces settlement with Tiger Woods
  • WTSA member carriers plan meat/poultry rate hike
  • APL wins award as best Transpacific line

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Lloyd's Listweb site
MAY 11, 2006
  • Inspections of Calypso spotted fire danger signs
    Two separate inspections of the cruiseship that caught fire in the Channel last weekend revealed multiple fire, safety and structural problems in the 10 days before the incident.
  • Lowri Evans gets new post at EC
    LOWRI Evans, the European Commission official in charge of the review of liner shipping regulation, is moving to a new job, writes Janet Porter.
  • Polemis in ICS chair
    GREEK shipowner Spyros Polemis has been elected as the new chairman of the International Chamber of Shipping and president of the International Shipping Federation, as the two organisations held their annual general meetings in Washington this week, writes Michael Grey.
  • Vinashin clinches biggest ever order with $1bn Ray Car deal
    VIETNAM Shipbuilding Industry has scored its largest order ever worth US$1bn for eight vehicle carriers from Israeli owner Ray Car Carriers.
  • NYK and Yamato to form strategic alliance
    NYK and Yamato Holdings signed an agreement yesterday that will see the firms enter a strategic alliance, including both business and capital partnerships.
  • Fredriksen gains Cyprus citizenship
    Welcome to Cyprus, an island of legends, coos the official website of the Cyprus tourism organisation. The Mediterranean island may just have acquired one more, writes Tony Gray .
  • Nautical Institute elects Maersk master Cooper as president
    Serving Maersk shipmaster Captain Nicholas Cooper (above) has been elected to the presidency of the Nautical Institute at the organisation's annual general meeting.

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Fairplayweb site
MAY 10, 2006
  • Philly breaker sends work to Texas
    TANKER builder-turned-ship breaker Metro Machine revealed yesterday that it is closing its Philadelphia operation and sending shipbreaking work to Texas
  • Qatar Gas closes in on ten LNG giants
    QATAR Gas Transport Co (known as Nakilat) and Qatargas-III are close to concluding a deal for ten LNG vessels
  • Quintana mum on Metrostar deal
    QUINTANA Maritime made no mention in its quarterly report of its rumoured acquisition bid for 17 bulkers, but has delayed today's conference call until Monday
  • Migrant Watch: US/Caribbean
    THE US Coast Guard is frustrated by the flow of Cuban migrants through the Dominican Republic and thence to US territory on Mona Island, where they ask for asylum
  • Fire measures 'sufficient', says GL
  • De Boer the new Rotterdam port head
  • Port assassination probe launched
  • Alexandros T: survivor hope fades
  • Algoma loss attributed to repairs
  • Merchant ships could be migrant base
  • Algeria's CNAN to sell ferries

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The Journal of Commerceweb site
MAY 10, 2006
  • DP World vows return to U.S.
    The chief executive of the Dubai terminal operator said his company continues to make plans to enter the lucrative U.S. market.
  • Transportation index shakes off slump in March
  • Lines in TACA increase Panama Canal fee
  • Deutsche Post may buy back shares to boost price
  • TSA bars airfreight carrier
  • Consumer demand growing in Eastern Europe: PIERS
  • Ningbo sees 20% gain
  • BNSF opens logistics hub

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Containerisation Internationalweb site
MAY 10, 2006
  • Minister signals more delays to Cape Town expansion
    The R3.2bn (US$m528.06m) expansion of Cape Town container terminal has been delayed yet again by the government's decision to reverse its approval of the project until it receives further information.
  • Tianjin to build four more berths with IPO proceeds
    Tianjin Port Development Holdings will use HK$577m (US$74m) of its IPO proceeds to set up a joint venture with two international terminal operators to build four berths in the Beigangchi area.
  • Macquarie's Patrick attempt pushed over before it began
    Macquarie Bank's last-ditch effort to over-bid Toll Holding's takeover of Patrick Corporation has failed to get off the ground after the furious Toll sought court orders to block the plan.
  • Rising charter market remains an enigma to nervous owners
  • US bill clears way for future facility-development at Tacoma
  • Fall in transit cargo hits Trans-Siberian gateway terminal figures
  • 'ECT Maasvlakte delays cleared by the weekend'
  • Virginia to give US$22.3m to make 'Heartland Corridor' double-stack
  • Direct Indonesian calls won't lower export costs
  • Railway service links Busan's Yangsan and Seoul
  • Freightliner to invest in traction dedicated to container business

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TradeWindsweb site
MAY 10, 2006
  • Volgotanker misses summer start
    Russian owner's ships idle in back-taxes row as vital summer navigation season begins.
  • Stolt catches Wind and Wave
    Chemical tanker operator confirms $37m purchase of former Odfjell ships.
  • DryShips confirms Atacama buy
    DryShips dips into credit facility and confirms the $35.4m purchase of the panamax bulker Atacama from Marine Capital.
  • MISC slips
    Weaker rates for tankers and liner shipping cut annual net earnings for Malaysian shipping giant.
  • New heights for Havila
    Another profit leap logged by Norwegian offshore owner as spot rates improve.
  • Dubai the easy option
    Stelios Haji-Ioannou mulls possible destinations for any easyCruise newbuildings with Dubai an early front-runner.
  • New Cypriot shipping king?
    Norway looks to have a new richest man as tanker king John Fredriksen is reported to have taken up Cypriot citizenship.
  • Stelios peels Greek orange
    Stelios Haji-Ioannou looks to Greek government for support as letter of intent signed with Neorion for newbuildings.
  • Uljanik takes on Lenac debt
    Croatian shipbuilder steps in to prop up bankrupt repair yard by buying out World Bank.
  • HSBC talks up Goldenport
    IPO manager sets price target of 300 pence on recently-listed bulk and boxship operator.
  • From bad to good
    TUI hikes shipping forecasts despite yesterday's CP Ships-related losses.
  • EMS makes positive start
    Axel Eitzen's merged shipmanagement and ship supply group opens with pre-tax profit.
  • Mitsui builds profit
    Mitsui Engineering & Shipbuilding of Japan sets its sights higher for next year as annual profit and revenues edge up.
  • APL boosts China links
    Neptune Orient Lines' (NOL) liner subsidiary is to launch a new China-US service later this month.
  • Greece mulls Egypt link
    Government wants ferry service to Alexandria, with Anek Lines reportedly in frame.
  • Consistency for Kawasaki Kinkai
    K Line affiliate's bulkers and ro-ros turn in another healthy profit in year ending 31 March.
  • Vinashin inks car carriers
    Ray Car Carriers is ordering up to eight ships from Vietnam Shipbuilding Industry Corp.
  • Changes cost Algoma
    Canadian tanker and bulker owner slips to first quarter lost after adopting new accounting policy.
  • Japan reports record orders
    The deadline for IACS' Common Structural Rules lifts March's newbuilding haul to record 5.7mgt.

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American Shipperweb site
MAY 10, 2006
  • CP Ships integration drags Hapag-Lloyd into red
  • TACA to raise fuel surcharges
  • Torm's 1st quarter profits slide 25%
  • RCL's 1st quarter profits drop 47%
  • Colography Group: Postal Service gains market share in domestic cargo
  • Post-Chapter 11 UAL posts $23 billion 1st-quarter profit
  • Continental's Smisek: DOT living in "Alice in Wonderland world"
  • Continental Airlines to start Newark/Cologne flights today
  • Delta starts Budapest, Nice flights
  • Arkansas Best to sell intermodal unit
  • NYK, Yamato form strategic alliance
  • Sittisoontornwong joins Famous Pacific Shipping's executive committee

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The Scandinavian Shipping Gazetteweb site
MAY 10, 2006
  • Transocean risks NOK 3.5 bn back-tax
    The Norwegian tax authorities are likely to present US rig owner/operator Transocean with a bill for more than NOK ...
  • Svithoid sole owner of "Baltic Claire"
    The Stockholm based tanker owner Svithoid Tankers har aquired the outstanding 60 per cent share in the 8,950-DWT product ...
  • John Fredriksen will become a Cypriot citizen
    Thanks to significant changes in the way Norway tax non-resident nationals is forcing shipping/offshore investor and operator John ...

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The Bunker Bulletinweb site
MAY 10, 2006
  • Emissions conference in Vancouver announced
    Conference covering government and port initiatives, North America SECA proposal.
  • Colonial barge fleet keeps expanding
    US supplier ordering two more new-builds for Savannah and Jacksonville.
  • DOE & API at a glance: Latest key US inventory figures
    DOE reports gains in product inventories as refining rates recover.
  • Bunker gloom and rate doom weighs on shipping
    Persistent high bunker prices could undermine economies of scale for container ships, tankers resort to slowing down to save fuel, and a cross-section of shipping suffers floundering freight rates.
  • New bunker supply service offered near Kerch
    Supplies of MGO offered to vessels sailing in and out of the Sea of Azov.
  • Yet another slow start for Rotterdam
  • Slow demand drags Hong Kong bunker prices down
    Demand slowing with prices down from the high levels of early-May.

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