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05 April 2020 The on-line newspaper devoted to the world of transports 17:54 GMT+2

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The Business Timesweb site
MARCH 14, 2006
Shipping News
  • Not just Arabs but mob worries at US ports
    JUSTICE Department lawyers warned eight months ago that a nefarious element had infiltrated important US East Coast ports, but they weren't talking about terrorists or Arab shipping companies; they were talking about the mafia.
  • Excessive controls 'may destroy US'
    THE United States risks damaging its economy if it overreacts to potential security threats, US Homeland Security Secretary Michael Chertoff said in comments published yesterday.
  • Patrick shares jump as Toll prepares to raise bid
    INVESTORS in Australia's logistics and port businesses are keenly watching the moves of Toll Holdings chief executive Paul Little as he signalled he will increase his A$4.3 billion bid for Patrick Corp, Australia's biggest port cargo handler, after overcoming regulatory opposition to the takeover.
  • Rising global trade lifts PSA's S'pore box volume
  • M'sian shipowners upbeat about growth this year

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Sched Netweb site
MARCH 14, 2006
  • OOCL liftings up 7.8 per cent in 2005
  • New EU-China trade dispute brewing over mainland furniture
  • Wan Hai Lines adds Lianyungang to Middle East service
  • MOL to upgrade Latin America network services
  • Vietnam's largest shipyard, containerships being built
  • US Customs discovers long-horned beetle in China shipment
  • CMA CGM unloads Ellen MacArthur's Trimaran in HK
  • Hong Kong airport February throughput rises
  • BA aims to save US$777m through cost reduction programme
  • Cargolux orders two Boeing freighters

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Exim Indiaweb site
MARCH 14, 2006
  • Hyundai Merchant Marine set to commence direct, weekly service from Nhava Sheva to China
  • New frontiers of cooperation in commerce, industry envisaged
  • ICS to hold two-day seminar in city on March 25-26
  • Coscon named Asia's 'Best Ocean Carrier' for 5th consecutive year
  • Tolani Maritime Institute signs MoU with NYK Line to offer specialised maritime training
  • Five leading logistics firms forge European alliance
  • Safmarine upgrades Safari service
  • Matson offers China-US box service
  • Hanjin to launch Asia-Med service
  • NOL earns profit in 2005
  • APL beefs up Atlantic services
  • MOL launches 3rd transatlantic string
  • MSC-PSA JV terminal opens at Pasir Panjang
  • Iron ore exporters expect 8 pc higher price in China
  • Shrimp industry meeting calls for value-addition on exports
  • Govt may revise iron content limit for ore exports
  • Pact likely with Russia on nuclear energy use
  • Case made out for more effective anti-dumping duty norms
  • Diesel exports to Bangladesh set to begin
  • DP World appoints Ganesh Raj as Reg. Director, Indian Subcontinent
  • Record discharge rate of HR steel coils set at Kandla Port
  • GAIL (I) may hire Shell's LNG terminal
  • Major Ports corporatisation issue comes to the fore again
  • No freight forwarder will be allowed to transport 2 loaded boxes at a time-NSCOWA
  • Wagons purchase/lease policy to be relaxed
  • Lok Sabha passes Railway Budget
  • CCT sets handling record of 54 moves/hr with single QC
  • Infrastructure cos seek restoration of I-T sops
  • Foreign exchange reserves up by $ 350 million to $ 1,41,590 million
  • Central Sales Tax may be phased out by 2009
  • Industrial output up by 8 pc in January

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International Transport Journalweb site
MARCH 13, 2006
  • Evergreen Group Chairman Dr Y.F. Chang receives Lifetime Achievement Award
  • DP World to sell US operations
  • Emirates Airline launches double daily Zurich-Dubai service
  • SBB Cargo on track to Venice
  • Five leading logistics firms forge global alliance

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Maritime Global Netweb site
MARCH 13, 2006
  • UK cuts light dues but charges ships in ballast
  • V.Ships buys consultancy firm
  • Safmarine boosts Safari service
  • LR opens new Greek training centre

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Marine Logweb site
MARCH 13, 2006
  • Labroy to build two jackups
  • Management changes at Sembcorp Marine

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World Wide Shipperweb site
MARCH 13, 2006
  • Matson plans to increase fuel surcharge on April 2
  • Cargolux named as customer for Boeing 747-400 freighters
  • Last chance to sign up for Women's Shipping Club event
  • SSA Marine sees jump in 2005 container volumes
  • Princess adding to fleet with ROYAL luxury liner

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Lloyd's Listweb site
MARCH 14, 2006
  • TOP clinches $550m sale and lease deals
    TOP Tankers has clinched the sale and lease back of half of its fleet in a $550m deal that promises to put extra cash in shareholders' pockets.
  • BIMCO probe finds eight cases of seafarers punished without due process
    A study into the extent of criminalisation and detention of seafarers involved in accidents has been undertaken by the shipping organisation BIMCO, which has presented its findings to the International Maritime Organization this week, writes Michael Grey.
  • BP and Qatar warn on need for more LNG terminals
    Shipping capacity will not be a constraint on the growth of the global liquefied natural gas market, which will play an increasingly important role in the energy mix of Britain and Europe, say two leading industry participants.
  • V.Ships to manage Seabourn vessels
    V.Ships Leisure is to handle marine and technical management for Seabourn Cruise Line's three luxury cruiseships under a new contract that will begin phasing in later this month.

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Fairplayweb site
MARCH 13, 2006
  • Al-Salam compensation 'inadequate'
    HUMAN rights activists in Egypt are claiming that compensation being offered to the families of victims and survivors of last month's ferry tragedy is inadequate
  • Trade talks scuttled after DPW fiasco
    REPERCUSSIONS are already being felt from the US Congress forcing Dubai Ports World to dispose of its newly acquitted American terminal holdings
  • Mexico energy: too hard to get
    MEXICO may have newly discovered deep-water oil reserves, but the country may not have the resources to tap into them
  • Coastal vessel sinks after collision
    A Philippines domestic cargo ship sank at the weekend after it was in collision with another coastal vessel at the north entrance to the Mactan Channel in Cebu
  • Nine injured in UK ferry accident
  • Hobart cruisers visit the hospital
  • APL Panama finally freed
  • Toll cleared for Patrick takeover

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The Journal of Commerceweb site
MARCH 13, 2006
  • Rates won't fall steeply in '06: TSA
    Lines say high utilization, a growing U.S. economy, infrastructure constraints and rising costs could help push up rates.
  • So. Cal. rail IM capacity could come up short
  • GOP lawmakers visit Dubai after failed ports deal
  • Patriot Act focus on cargo theft
  • MOL restructures Latin American services
  • North America growth for Kuehne & Nagel
  • Matson hiking fuel charge
  • MSC opens Singapore terminal
  • Strike hits Durban port

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Containerisation Internationalweb site
MARCH 13, 2006
  • Jakarta warns that re-export of Chinese goods must end
    Indonesia's Industry Minister Fahmi Idris has urged Chinese and Indonesian exporters to stop the 'malpractice' of re-exporting Chinese products, which had led the US government to impose sanctions on Indonesia.
  • ACCC clears way for Toll
    The Australian Competition and Consumer Commission announced it had accepted Toll Holdings' latest takeover offer for Patrick Corporation on Saturday.
  • Familiar issues return in de facto security review
  • APMT Rotterdam dispute seems to be over
  • POP India seek time to reply to notice over Mundra license
  • MEPs to debate footwear imports
  • HSH Nord Bank to set up ship financing division in Hong Kong
  • APL Panama heads for anchorage and inspection after fleet effort
  • K Line to boost boxship revenue to US$4.8bn in 2008

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TradeWindsweb site
MARCH 13, 2006
  • Readers champion Dubai
    Participants in TradeWinds' poll are unanimous in their criticism of politicians who cite security concerns for blocking the takeover of P&O's US terminals.
  • Crowley bonus bucks
    Tom Crowley is paying a total of $1m in extra compensation to four top execs of Crowley Maritime and twice that to himself.
  • Excel ready to buy more
    Everything but fourth-quarter earnings per share is up after an expansive year at Chris Georgakis-led Excel Maritime.
  • France sets date for Erika trial
    Oil major Total, class society Rina, shipowner Giuseppe Savarese and others will go on trial over seven years after the sinking of the tanker Erika.
  • Puerto Rico push
    John McCown-led Trailer Bridge is fattening its balance sheet and says it is best positioned to add capacity to the Puerto Rico trade.
  • Lucky 13 for Top
    Greek tanker owner sells teenage suezmaxes and handymaxes but takes them back on bareboat charter.
  • Durban back on track
    Further strikes could be avoided as South African unions meet with government to discuss sell-off of Transnet transport and logistics sectors.
  • NSCSA confirms Hyundai VLCCs
    Saudi owner to spend $480m on four big tankers at Korean yard ' and promises more deals this year.
  • OOIL slides
    Shares in containership line's parent company take a battering after increased fuel costs eat into profits.
  • Inchcape next in line?
    Attention turns to Dubai-owned ship's agent handling US Navy and American port business.
  • Reef starts Tongan run
    New Zealand shipowner to link Auckland with Pacific island by end of month.
  • Disruption at Durban port
    Striking workers cause disruption at South Africa's busiest port over fears that company sell-off could put jobs at risk.
  • MOL hands round hat
    Japanese giant asks investors to buy up to $379m of five-year bonds ' at zero interest.
  • Drifting vessel towed to safety
    Cargo vessel and Russian crew towed to safety in Northern Ireland after engine failure in the Irish Sea.
  • Crew rescued as ship sinks
    Twenty-two men saved after their cargoship sank following collision with another vessel off Cebu in the Philippines.
  • Jadrolinija inks ro-ros
    Croatian owner orders two new vessels from domestic Kraljevica yard.
  • Matson ups fuel surcharge
    Rising fuel prices prompt US-to-Hawaii container line to raise fuel surcharges by another 3.5%.
  • Repairs hurt Oceanex
    Canadian owner sees profits slide on unexpected ship maintenance and lower investment income.
  • Panama pulled free
    Hansa Mare-controlled containership aground off Mexico since Christmas Day is finally refloated.

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American Shipperweb site
MARCH 13, 2006
  • Trailer Bridge's 4th quarter net income up 42.5%
  • Matson to raise fuel surcharge
  • TACA fuel surcharge to hold at current rates
  • China Shipping receives 4,250-TEU ship
  • APL Panama floated
  • Japan Airlines, Korean Air to extend code-share agreement
  • Cargolux orders two more 747-400 Freighters
  • TNT to own all of TNT Arvil
  • Cathay's cargo up 18% in February
  • BNSF to invest over $100 million expanding California rail capacity
  • TIA names Brashares to board
  • Kuehne + Nagel's earnings up 32% in 2005
  • Questions remain about DP World stake in U.S. ports
  • Oman port joins CSI roster
  • Temasek buys 9.95% stake in i-Logistics
  • Sorensen resigns from A.P. Moller shipyard
  • Jurong Port's February throughput up 6.5%

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The Scandinavian Shipping Gazetteweb site
MARCH 13, 2006
  • Danish icebreaker to Swedish waters
    The Danish icebreaker "Danbjørn" left its base at Frederikshavn Sunday this week to join the Swedish team of icebreakers in ...
  • Investation on "Estonia" and military transports concluded
    The commission appointed by the Estonian prosecutor authority, the security police and the ministry of defence to investigate alleged military ...
  • Russian icebreaker delivered from Havyard
    The first of two icebreaker for the Russian company Gazprom, the "Vladislav Strizhov", is officially delivered from Havyard Leirvik tomorrow ...

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The Bunker Bulletinweb site
MARCH 13, 2006
  • Estonia: Oil slick reported after vessel sinks
    Underwater video footage shows crack in a ship which sunk last week is the likely cause of a fuel spill off the Estonian coast.
  • Montreal: Seaway to re-open, barge to return next week
    Next week will see both the re-opening of the ST Lawrence Seaway, and the return of Shell's barge to the Montreal bunker market. Demand is expected to increase.
  • World Fuel Services declares quarterly dividend
  • US bunker prices stable, new Houston player imminent
    Little movement in the market with relatively stable crude while Houston expecting further market news shortly.
  • New barge for Puerto Rico
    Independent supplier has bunker barge on the way and tank barge on order.
  • Early firming reported in Rotterdam
  • Singapore suppliers defend barge measurement figures
    Barge measurement figures should stand in the event of a bunker quantity dispute in Singapore.
  • Matson raises bunker fuel surcharge from April
    Bunker fuel surcharge will be increased by 3.5% effective April 2 this year.

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