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| JANUARY 20, 2006 |
Shipping News
- Malacca Strait stays on Lloyd's Joint War Committee risk list
REFUSING to budge on the war and terrorism classification for the Malacca Strait, London underwriters have rejected months of intensive lobbying by Singapore officials and industry groups, saying it is too early to assess the security efforts.
- India orders pollution watchdogs to check asbestos ship
INDIA has ordered pollution watchdogs to check if an asbestos-laden French warship set to enter its waters contains more than permissible limits of the hazardous material, officials said on Wednesday.
- Bill to open up European port services fails
THE European Parliament voted on Wednesday to reject an EU bill to open port services to greater competition, after the bill sparked violent protests by dock workers this week.
Admiralty Casebook
- Shipowner liable for pilot's negligence
A Sydney court has dismissed with costs the appeal of a shipowner held vicariously liable for the negligence of a local harbour pilot who was onboard a bulk carrier that hit a wharf while berthing in Port Kembla in New South Wales .
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| JANUARY 20, 2006 |
- USL shocked by liquidation of Great Western Steamship
- ACCC gives thumbs up for DP World's bid for P&O
- Jardine sets up JV shipping agency in Shanghai
- MOL appoints Aseco as Emerald Isle agent
- LA to replace older yard tractors with cleaner ones
- Shihu port sees foreign trade cargo growth of 50pc
- Lufthansa and Shenzhen Airlines JV applies for mainland transport license
- FedEx breaks new ground for Asia Pacific hub in Guangzhou
- 2005 a record year for Dragonair
- United gets okay to train pilots from China
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| JANUARY 20, 2006 |
- Velocity Shipping steaming ahead with renewed vigour
- Tighter sea security for containerised supply chain sought
- Mercator Lines to raise Rs 337 cr. overseas
- 17 new items in SION list, revisions to 16 existing items
- Soyameal exports may surge by 25 pc in 2005-06
- Fieo to hold meeting with Irish delegation on Sat.
- Cochin Port Trust plans to expand BTP jetty to receive more cargo, longer vessels
- Chinese consortium to develop Vizhinjam int’l box terminal
- P&O takeover bid: DP World clears Aussie hurdle
- EU Parliament set to reject plan to open up port services
- CONCOR clinches deal with NYK Line to provide auto transport solutions
- Posco eyes stake in Haridaspur-Paradip rail link
- ...posts 35 pc growth in Q3 net profit
- Govt to recover I-T dues on profits earned on DEPB credit sales only over 5-year period
- Shell, GSPC hold talks on supply of LNG
- Auto Expo 2006 attracts business deals worth over $ 150 million
- Economic partnership pact with Korea mooted
- Sharp increase in Customs duty on vanaspati likely
- Sector-specific SEZ rules in offing
- Ireland woos Indian cos with tax sops
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| JANUARY 20, 2006 |
- Aviapartner appoints Burnett business development manager
- Hanjin looking to increase sales
- Coyne Airways lowers fuel surcharge
- ILS-East sets new record in 2005
- Further expansion for Davies Turner in Scotland
- French state has to repay road hauliers
- Qantas Freight joins CGI Forum
- Farnborough International Airshow 2006
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| JANUARY 19, 2006 |
- More big ships use Panama Canal
- DP World exec to head up Marad
- MOL switches Irish agent
- New maritime IT company
- Euro Parliament throws out ports plan
- Brittany Ferries confirms Aker order
- APL Panama "not too close to shore"
- One dead, one missing in tug sinking
- QM2 to carry on after pod incident
- Great Western Steamship’s surprise demise
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| JANUARY 19, 2006 |
- Thad Allen to be nominated USCG Commandant
- Ferry commuters told to don lifejackets
- Bender plans $10 million expansion
- Queen Mary 2 back at sea
- Bush picks Kings Pointer for Marad slot
- Navy buys three MPS ships from Philip Morris unit
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| JANUARY 19, 2006 |
- Longview Port Commission elects new slate of officers
- Port of Tacoma names Urquhart Industrial Real Estate manager
- Portland International Airport sets new passenger record for 2005
- Panama Canal Authority releases first quarter numbers
- Crowley celebrates 150,000 Toyotas shiped to Puerto Rico
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| JANUARY 20, 2006 |
- Malta launches judicial probe into the sinking of Klein Familie
MALTA is to carry out a full-scale judicial inquiry into the suspected involvement of the Eitzen Group products tanker Sichem Pandora in the sinking of the French fishing vessel Klein Familie , with the loss of five members of its six-man crew two weeks ago, writes Andrew Spurrier in Paris.
- Crisis looms for hard-pressed marine hull underwriters
MARINE hull underwriting is again teetering on the brink of financial loss.
- Brussels lawmakers ‘admit problem with unlimited liability’
Brussels lawmakers have conceded that there may be a problem with the proposed unlimited liability for classifications societies acting as recognised organisations, according to a top class executive.
- DP World’s Sanborn named as MarAd chief
DAVID Sanborn, director of operations for Europe and Latin America at ambitious ports giant DP World, has been appointed as the new US Maritime Administrator.
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| JANUARY 19, 2006 |
- Windfall for German owners
GERMAN shipowners pocketed €51M ($61.8M) in wage and training subsidies from the federal government in 2005
- Northern Isles bid decision delayed
THE process of assessing bids from Caledonian MacBrayne and V.Ships in respect the UK’s Northern Isles ferry contract is taking longer than expected
- Concor, NYK cash in on cars
INDIAN multi-modal operator Concor and Japanese shipping major NYK have embarked on a 50:50 joint venture to cash in on a boom in the Indian car industry
- QM2 resumes voyage
- Jamaica seeks US trade assistance
- Panama Canal transit time falls
- New MarAd boss named
- Class mergers coming
- Fincantieri previews 2005 results
- Clyde to tap China potential
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| JANUARY 19, 2006 |
- Oakland gains outpace LA-Long Beach
Northern California hub (left) saw greater growth in container volume in 2005 than rival So. California import gateway.
- Customs agenda eyes ag, textile imports
- Allen pick to lead Coast Guard
- Gov't. security should consider private costs: Bonner
- Fluid network helps Union Pacific to record revenue
- Fire injures Zim crewman
- Shenzhen spurs Hong Kong port strategy
- Grand Alliance lines sign with Virginia terminals
- APM, CMA CGM seal Alabama terminal deal
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| JANUARY 19, 2006 |
- Plunging Far East/Europe rates raises fear of a ‘bloodbath’
Shippers and Shipping lines have finally managed to agree on Asia/Europe rates as both sides of the freight equation say that rates are rapidly sliding as a result of overcapacity.
- President opens Busan’s state-of-the-art terminal
Busan New Port was opened today by President Roh Moo-hyun, the Minister of Maritime Affairs and Fisheries Keo Don-oh, and other dignitaries from around the world.
- DP World executive nominated US maritime administrator
- Patrick sues Toll over Queensland PN deal
- Jakarta to close 116 of 141 Indonesian ports to oceangoing services
- ACCC gives nod to DP World’s possible P&O Ports takeover
- Petersburg terminals prepare more room for boom, as port exceeds 1m TEU
- Kerala Cabinet approves Chinese bid for Vizhinjam container port
- California megaports grow over 8%, with proportion of exports gaining slightly
- Maersk firms Aust-SEA service in takeover wake
- Libra man to lobby container interests in Brazil’s Sao Paulo state
- Concor and NYK tie up to box up cars
- COSCO teams up with JR Freight to offer multimodal service
- Andy Tung quits Dragonair to rejoin OOCL
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| JANUARY 19, 2006 |
- Discovery Sun to be sold
Bahamas-based Global United Ltd has signed a letter of intent to buy out a Florida-to-Bahamas one-ship cruise line.
- Search ends for tug crewman
A missing seafarer is presumed lost, bringing fatalities to three in the loss of the Maritrans ATB tug Valour.
- Washington ferry blamed
Multitasking on a Washington State Ferries bridge led to a near-miss with a Maersk boxship, says an internal investigation.
- Caltex not liable for Dona Paz
Court rules charterer of tanker that collided with Philippine ferry in 1987 cannot be held responsible for huge loss of life.
- Seadrill within a whisker
John Fredriksen’s offshore company extends offer for Smedvig as it closes in on 50% acceptance.
- Aker makes it official
Cost rises as Brittany Ferries signs firm contract for passenger ro-ro at Norwegian shipbuilder.
- QM2 damages propulsion pod
Huge Cunard liner’s schedule unaffected after incident at Port Everglades in the US.
- APL Panama still stuck
Boxship remains on sand off Mexico, but bow has been shifted towards deeper water.
- Panama Canal gets faster
Ships spending less time passing through waterway in first quarter, but transits drop.
- Dardanelles reopens
Turkish waterway back in business after second grounding in a week.
- Oglebay to sell by March
Two parties are looking exclusively at Oglebay Norton’s Great Lakes self-unloader fleet with a view to a prompt buy.
- Aseco wins MOL business
Ship agent to handle Japanese giant’s liner business in booming Ireland.
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| JANUARY 19, 2006 |
- Sanborn nominated for MarAd's top post
- U.S. Lines on solid footing in wake of Great Western liquidation
- Military Sealift Command acquires 3 vessels
- Tropical Shipping hikes Canada/Puerto Rico bunker surcharges
- A.P. Moller-Maersk makes Lindegaard VP
- Grand View Development buys shares of UES
- Crowley, Toyota ship 150,000th vehicle to Puerto Rico
- American Airlines' financial woes continue
- Southwest's net profit soars 75.1% in 2005
- Dragonair's cargo up 12.5% in 2005
- Lufthansa Group raises profit expectations
- Pilot Air tops $300 million mark
- Inland waterways lobby outlines goals for 2006
- CSXT to resume Gulf Coast service to New Orleans
- A. Duie Pyle names O'Kane president
- GE, Siemens partner on container security device
- CFO Maner steps down at DHS
- TNT completes TG+ takeover
- CSCMP hosts supply chain conference in Belgium
- Davies Turner expands in Scotland
- European Parliament rejects port directive
- Korean President opens 5.5 million-TEU Pusan Newport terminal
- Port of Tacoma opens refurbished terminal to serve domestic market
- Panama Canal improves transit times
- Australia's competition commission OK's DP World's acquisition of P&O
- Eller & Co. names Danisovszky CFO
- P&O Ports Texas creates role for Hoffman
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| JANUARY 19, 2006 |
- "Sichem Pandora" still held
Malta-flag chemical tanker "Sichem Pandora" is still being held in Dunkerque on suspicion of being involved in a collision ...
- Seven per cent container increase in Göteborg
The Port of Göteborg handled 788,000 TEU last year, up seven per cent compared to 2004. Ro-ro traffic increased ...
- Belarus starts the build-up of a national fleet
Belarus has initiated the build-up of a national merchant fleet to reduce the country’s dependence on foreign-operated maritime ...
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| JANUARY 19, 2006 |
- Colombian supplier has new product source
C.I. Petrocomercial announcing a new source of straight-run fuel and better bunker spec for its services.
- New scrubber 'may even comply' with future 0.1% in-port limit
Scrubber developer says technology may even comply with the more stringent in-port requirements of the European Union, which will come into force in January 2010 - stipulating 0.1% sulphur limit.
- Asia: February fuel oil arrivals high on open arb
Western fuel oil arrivals into East Asia in February expected to be high on open arbitrage, amid seasonally low demand.
- Russian bunker supplier planning London IPO
Russian bunker supplier planning London listing within the next two years.
- Valero to close plant citing reasons of profitability
Valero Energy Corp to close Group I plant at Paulsboro refinery, citing reasons of profitability.
- Rotterdam market stable late morning
- Singapore: Residual fuel stocks surge to four month high
- Piracy attacks prompt alerts
A recent spate of piracy cases in Indonesia has prompted alerts to be made on the International Maritime Bureau's latest weekly piracy report.
- Maria Cosulich inauguration draws huge turnout
The inauguration last night of Fratelli Cosulich's latest 6,500 dwt bunker tanker witnessed an impressive turnout of almost all of Singapore's bunker players.
- Salvage operations transfer bunkers to barges
Salvage operations managed to refloat a sunken vessel and transfer its bunkers to tank barges.
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