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05 April 2020 The on-line newspaper devoted to the world of transports 17:19 GMT+2

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The Business Timesweb site
MARCH 20, 2006
Shipping News
  • Ever larger cruise ships raise concerns in tourism industry
    A trend towards building ever bigger cruise ships, such as a 3,600-passenger vessel to be launched in June, has some industry experts wondering whether it might be too much of a good thing.
  • Patrick's proposed A$142m bid for FCL faces antitrust probe
    PATRICK Corp's proposed A$142 million acquisition of FCL Interstate Services Pty will be investigated by Australia's antitrust regulator.
  • Fredriksen sells ships, buys Deep Sea stake
    JOHN Fredriksen, who controls the world's largest oil tanker fleet, has sold 22 rig-supply ships to Norway's Deep Sea Supply ASA for US$394 million and will buy a stake in the company to profit from offshore exploration by energy companies.
  • US Navy warship fires on suspected pirates off Somalia
Port Shots
  • Port Shots
    EIGHT crew were missing yesterday after a South Korean fishing boat sank off the country's south-eastern coast, police said.

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Sched Netweb site
MARCH 20, 2006
  • Panalpina net profit surges 20pc
  • US urged to spend more on infrastructure to ease port congestion, report says
  • Spencer Logistics to form Shanghai JV with 2 Chinese partners
  • `Way different' LA terminal hailed as model of efficiency
  • Yunnan to set up regional transport system with Asean
  • Jade Cargo to take off in July
  • Oriental Air Transport Service opens CEPA subsidiary
  • Aer Lingus buys two A330s
  • Atlanta Hartsfield gets US$26m to build new taxiway

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Exim Indiaweb site
MARCH 20, 2006
  • Heung-A to launch direct, weekly service ex-Nhava Sheva to China & Far East
  • TSA carriers report 90-95 pc vessel utilisation on Asia-US WC route
  • Excess capacities won't jeopardise market, believes Evergreen chief
  • GATI Coast to Coast launches weekly Chennai-Colombo service
  • Schenker India bags GF-X Champions' Advisory Council Award
  • Commerce Ministry sets $ 104-bn target for exporters in 2006-07
  • Cabinet panel clears import of 5 lakh t. wheat
  • Cotton exports to China soar by 3,000 pc in January
  • Forex reserves swell by $ 773 m
  • MICT handles its largest vessel till date
  • DP World gears up for bigger challenges
  • Kakinada ports climbing new peaks of performance
  • CONCOR runs 1st scheduled-day, dedicated service for Maersk Line
  • Bidding deadline for Mumbai offshore box terminal extended to April 15
  • Formula for success of telecom revolution in India spelled out
  • Rs 100,000 cr. investment in SEZs cleared
  • WTC to conduct programme on LoCs

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International Transport Journalweb site
MARCH 17, 2006
  • Rail4chem launches new container train services to Netherlands
  • US Customs releases revised C-TPAT criteria

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Maritime Global Netweb site
MARCH 17, 2006
  • Fredriksen in Horizon newbuilding deal
  • IMO - EC meeting
  • MOL looks to Vietnam for seafarers
  • US Navy kills Somali pirate suspect in shoot-out

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Marine Logweb site
MARCH 18, 2006
  • Navy opens fire on pirates

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World Wide Shipperweb site
MARCH 17, 2006
  • CKYH Alliance members shaking up service routes
  • All three rail freight sectors roll to positive weekly total
  • First public meeting planned for Hillsboro Airport issues group
  • Port Angeles Port Commission Oks Oak Street property sale
  • Seaman with hand injury medevaced from merchant ship

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Lloyd's Listweb site
MARCH 20, 2006
  • UN approves IMO Somalia piracy plan
    THE United Nations security council has issued a call for the deployment of military vessels and aircraft to protect merchant shipping of the Somali coast.
  • Malaysian clampdown cuts attacks
    MALAYSIA'S new coast guard says it has dramatically cut piracy in the Malacca Strait.
  • Furore as DP World executive Sanborn joins MarAd
    POLITICAL bile surrounding DP World has resurfaced in the appointment of an executive of the Dubai company as the next US maritime administrator, with one Democratic senator suggesting he would block the nomination.
  • Box lines pledge to help US on security
    SHIPOWNERS from across the world hope to salvage some good from the nationalistic mood that has swept through Washington over the past fortnight.

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Fairplayweb site
MARCH 17, 2006
  • MOL looks to Vietnam for seafarers
    JAPAN'S government has responded to a Vietnamese request to lift the suspension of seafarer training under the Development Assistance scheme; MOL stands to benefit
  • MarAd nominee hostage to DPW sale
    US SENATOR Bill Nelson has decided to hold President Bush's nominee to head the Maritime Administration hostage to the sale of DP World's US holdings
  • Kingston hosts PFSO training
  • Second Aboitiz ferry in for repairs
  • No way to treat a friend: UAE about US
  • India, China commit to trade agreement
  • Australia to boost LNG exports
  • Fuel shifts itinerary strategy
  • Cruise cascade steps up a gear
  • MOL warns of tonnage surplus
  • Indonesia's $280Bn maritime legacy
  • Hurricanes set to spoil cruise party

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The Journal of Commerceweb site
MARCH 17, 2006
  • Hanjin Shipping expects lower income
    The South Korean liner expects lower operating income year-on-year as a result of falling freight rates and higher costs.
  • NCBFAA backs confidential data
  • Canada wins round in softwood dispute with U.S.
  • Seattle volume drops 12%
  • Intermodal leads rail gains
  • Horizon to charter new ships
  • Nober to join law firm
  • Panalpina profits up
  • Starbucks plans anti-tamper detectors in containers
  • Long Beach's Teofilo leaving

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Containerisation Internationalweb site
MARCH 17, 2006
  • Truckers to strike over Indonesia's port service tax
    Indonesia's Land Transport Association (Organda) said that its members will stop operating container trucks at five ports on Monday in protest at Jakarta's failure to abolish VAT on port services.
  • All water and intermodal bottlenecks to sustain Pacific rates
    Carriers are expecting eastbound Pacific rates to come under some pressure as the service contract season gets into full swing with predictions of 88% load factors and some excess capacity.
  • Industrial action avoided as unions strike deal with Transnet
  • OnePort's customers give rate freeze the cold shoulder
  • DB drops SBB Cargo transalpine collaboration
  • Global growth drives Panalpina's returns
  • Kalmar acquires US crane construction firm
  • Australia doubles promotion budget in Japanese beef market

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TradeWindsweb site
MARCH 17, 2006
  • Dubai no threat to US
    Participants in TradeWinds' poll do not buy the argument that an Arab owner of a terminal operating company poses a port security risk.
  • Fredriksen behind US boxships
    Jones Act liner player Horizon Lines is chartering five US-flag newbuilding boxships from Ship Finance International.
  • Hot times at Sungdong
    New tanker builder Sungdong of South Korea has been entertaining Greeks.
  • Omega flogging mixed fleet
    US broker Bob Flynn will serve as chairman of $240m IPO project Omega Navigation with a fleet of two bulkers and 10 tankers.
  • Slick response
    Threat to Finnish and Estonian coastlines from heavy fuel oil leaking from sunken Russian cargo vessel.
  • Offen makes KG bet
    Claus-Peter Offen is willing to do without his share of earnings on a 14-ship fleet if fellow KG investors don't see returns.
  • MC growth strategy
    Further expansion planned as LPG carrier owner reports record profit.
  • Like father, like son
    Seaspan founder transfers entire share holding to trust set up for eldest son.
  • More money for SSN
    Polish yard lines up second commercial loan to help complete full orderbook.
  • Count us in
    Brostrom of Sweden expands fleet with Dunya chemical and product tankers currently on order in Turkey.
  • Schoeller buys a bank
    But Cyprus based shipowner stays mum about his latest diversification into the financial sector.
  • SFI cancels accommodation
    Rig deal with Consafe pulled as US-listed owner's latest attempt to diversify falters.
  • Mitsui raises cash with share sales
    Shipbuilder will divest entire stake in oil exploration firm after a difficult year.
  • HKF on the slide
    Higher fuel prices pushed down earnings for Hong Kong shipowner's ferries in 2005.
  • Fire at Long Beach
    Firefighters attempt to fill hold with water as unidentified cargo vessel ablaze at busy US west-coast port.
  • Color Line falls back
    Norwegian ferry operator could not translate more passengers into bigger profit during 2005.
  • Bulyard keeps it in-house
    Owner of Bulgaria's Varna Shipyard to build two multipurpose ships for its parent company.
  • Energa agrees deal for Gdansk
    Polish energy company will buy historic shipyard and birthplace of Solidarity movement - if shareholders agree.
  • Cheng backs NOL stock
    Neptune Orient Lines chairman buys 1m shares in Singapore liner operator as stock sinks to year low.
  • Taiheiyo orders tankers
    Listed Japanese owner orders chemical and MR products tankers at domestic shipbuilders.
  • DOF builds at Aker
    Two construction ships with two options to cost Norwegian owner more than NOK 1.5bn.

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American Shipperweb site
MARCH 17, 2006
  • CKYH alliance to boost capacity to Pacific Northwest
  • ANL joins CMA CGM's Australasia/U.S. East Coast/Europe pendulum
  • OOCL receives ninth 8,063-TEU ship
  • UPS: suspicious behavior in Fritz unit stopped after merger
  • Lufthansa, SWISS to harmonize summer schedules
  • Swiss WorldCargo adds Zurich/New York flight, adds Santiago to network
  • AAR: Class I railroads to invest $8 billion for infrastructure in 2006
  • Indiana legislature wants Congress to pass stringent ballast controls
  • Con-Way Supply Chain promotes Boyer
  • Davis joins board of Air Expedited Motor Carriers Association
  • Massive California bond measure stalls in legislature
  • DHL's Sartor named vice chairman of RosettaNet standards council
  • Atlas Freight picks IES supply-chain software
  • Panalpina's earnings up 20% in 2005
  • GAO slaps Corps of Engineers for faulty planning study actions
  • Congressional delegation to tour Los Angeles, Long Beach

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The Scandinavian Shipping Gazetteweb site
MARCH 17, 2006
  • Polish state company buys Stocznia Gdansk
    The Polish state-owned energy company Energa buys the problem-stricken Gdansk Shipyard, according to Polish newspaper sources. Energa pays ...
  • Consafe and SFI terminates deal
    The sale of the Consafe Offshore rig "Safe Concordia" to Ship Finance International is off. In January, the parties agreed ...
  • Half a dozen newbuildings to Broström
    Six 17,000-DWT product/chemical carriers will be added to the Broström fleet during 2006'2008. The vessels will be ...

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The Bunker Bulletinweb site
MARCH 17, 2006
  • New bulk lube barge service for Argentine ports
    Newbuild barge exclusively for bulk lube oil deliveries in Argentine ports, can deliver products from all suppliers.
  • Freeport: PDVSA barge out for maintenance
    Barge scheduled to be temporarily withdrawn from service for maintenance, restrictions apply to pipeline deliveries.
  • Panama: Suppliers capitalise on canal transit delays
    Heavy demand reported in Panama as canal transit delays boost enquiry levels.
  • Colombian trader moves to 'dynamic' opportunity
    Former trader with Areda taking new position with CI International and looking to increase business for Colombian bunkering.
  • Latest report from Rotterdam
  • World Fuels boosts earnings, profit
    Broker and trader reports 39% net income increase with total revenues also up.
  • Singapore: 380 cst premiums up on tight supplies
    Premiums rose further while terminal congestion and tight supplies continue to persist.
  • Tokyo Bay: Zero enquiries seen on weak demand
    Ample fuel oil supplies but low demand as some bunker traders reported zero enquiries in Tokyo Bay.
  • 4% fuel savings prompt full fleet installation of software
    After achieving fuel savings of 4.3% in pilot program cruise line decides to install software throughout fleet.

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