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07 April 2020 The on-line newspaper devoted to the world of transports 06:27 GMT+2

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The Business Timesweb site
MARCH 21, 2006
Shipping News
  • CLSA to start shipping fund to tap Asian trade
    CLSA Ltd, the Asia investment banking arm of France's Credit Agricole, plans to invest as much as US$250 million in ships that ply Asian routes and related service companies, betting on trade in a region expected to grow 60 per cent faster than the world average this year.
  • PSA to lead expansion of Tianjin port
    THE international investment arm of Singapore's PSA Corp will spearhead a 12-berth expansion of the port of Tianjin as part of a massive project that is also expected to see Cosco Pacific and Denmark's APM Terminals play significant roles, the South China Morning Post reported sources close to the deal as saying.
  • APM 2006 to open in S'pore with record participation
    THE Asia Pacific Maritime exhibition, one of the top maritime events in this part of the world, opens tomorrow at the Singapore Expo, at a time when global shipping is riding the crest of a wave.
  • International Container's 2005 profit up 18%
  • Bid in motion to bring Queen Mary home

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Sched Netweb site
MARCH 21, 2006
  • ACL to offer HK/Chiwan-Vietnam feeder vessel services
  • Qingdao attracts several new services
  • Global trade remains resilient despite traumas, report says
  • Hanjin to offer Singapore-Thailand feeder service
  • Westport sets cargo-handling record
  • MOL recruits Vietnamese seamen
  • Manzhouli freight volume surges 36.8pc in January
  • Dragonair February cargo volume rises 14 per cent
  • Cargolux adds third HK-Spain frequency
  • Beijing to build FT zone at airport

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Exim Indiaweb site
MARCH 21, 2006
  • SKS (Ship) sails with 1st loaded export containers from Mumbai Port to JNP
  • Hamburg Sud makes deal for Fesco Ocean Management Ltd
  • MOL to upgrade Latin America network services
  • ZIM to reroute AMP service, begin Portland call
  • APL Limited Brands' top award goes to APL
  • Wan Hai Lines adds Lianyungang to Mid East service
  • Maersk Line to raise BAF in April
  • IFLN members to gather in Amsterdam
  • Indo-Pak trade talks on March 27
  • Govt to focus on export competitiveness of handicrafts
  • Engg units flush with export orders
  • India-Russia trade focus to be on non-traditional sectors
  • I-T dept scrutinising validity of software exporters' tax exemptions
  • FTA with Asean to be effective from January next year
  • Indo-Pak illegal trade down by 50 pc, observes Assocham study
  • Mormugao Port's eves observe International Women's Day
  • Port of Halifax offers excellent option to N. America's congestion-bound ports
  • In India, it is the Custom(s) to delay new CFS operations!
  • SE Railway clocks 17 pc growth in freight haulage during 11 months of 2005-06
  • Railways to announce new wagon leasing policy in April
  • Cardinal Logistics inducts new trailers to improve operational efficiency at Kolkata Port
  • Forex reserves up by $ 1,558 million to $ 1,43,148 million
  • PM asks FM, RBI to chart course for full rupee convertibility
  • Goods & services tax regime in 4 years, assures Chidambaram
  • Budget withdraws tax relief for companies filing returns late
  • PM hints at comprehensive, new company law soon

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International Transport Journalweb site
MARCH 20, 2006
  • Hamburg Süd acquires FOML assets in Australia and New Zealand trades
  • Wabash National to exit US container market
  • Interpool to sell containers to Swiss group

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Maritime Global Netweb site
MARCH 20, 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 20, 2006
  • PGS orders new generation Ramform seismic vessel
  • Keppel Offshore and Qatar Gas plan new shipyard

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World Wide Shipperweb site
MARCH 20, 2006
  • Horizon Lines to charter five new US-flag vessels
  • UN Security Council calls for fight against piracy
  • Port of Bellingham upgrading Squalicum Promenade
  • Port of Portland schedules cargo airplane noise meetings
  • Mitsui looking to Vietnam as new source for seafarers

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Lloyd's Listweb site
MARCH 21, 2006
  • Drop your prices to get new orders, Hapag tells yards
    HAPAG-Lloyd has told Korean shipyards it will not place any more orders for super post-panamax containerships until newbuilding prices have dropped.
  • One dead in US Navy clash with 'pirates'
    AN ALLEGED pirate has been killed and five wounded in an exchange of gunfire between the US Navy and presumed militia men in international waters off the coast of Somalia.
  • Keppel wins Qatar shiprepair project
    QATAR Gas Transport (Nakilat) has chosen Singapore's Keppel as its partner in a $430m shiprepair yard project which will play a key role in servicing the company's fast-expanding fleet of liquefied natural gas carriers.
  • Blame laid with Norwegian tax regime as Borgestad pulls out of shipowning
    NORWAY'S adverse shipping tax climate has claimed a new victim, with industrial conglomerate Borgestad signalling a withdrawal from shipowning with the NKr400m ($59m) sale of five forestry products bulkers to Bergen partner Gearbulk.
  • SSA adds to cloud over future of US ports
    THE decision by the largest US container terminal operator, SSA Marine, to "explore strategic alternatives", including a possible sale, has added a new wrinkle to the case of DP World, which has put its own P&O-vintage US terminal interests up for sale.

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Fairplayweb site
MARCH 20, 2006
  • Tallink confirms Superfast talks
    TALLINK, the rapidly-expanding Estonian ferry group, has confirmed it is in talks with Attica Group, the Greek company trading as Superfast Ferries, to acquire its operation in the Baltic
  • Arcalia plays down influenza outbreak
    PORTUGAL-based cruise operator Arcalia Shipping has played down a report of an outbreak of influenza on its 467-passenger Funchal
  • US Navy under fire off Somalia
    Two US Navy ships exchanged shots with a boatload of suspected pirates 25 n-miles off the coast of Somalia on 18 March, killing one and wounding five others
  • Gambling ship guilty of cover-up
    THE operator and chief engineer of a gambling ship deployed off the Texas coast have pleaded guilty to a cover-up involving an oil dumping investigation
  • Trimaran ro-ros on the drawing board
    NORWAY-based NorFerries has plans for three high-speed trimarans capable of carrying freight units as ro-ro cargo
  • Horizon, SFI seal US-flag deal
    JONES Act carrier Horizon Lines is to charter five Korea-built 2,800-teu container ships from Ship Finance International
  • Koreans search for dead, missing
  • Great Eastern demerger delayed
  • Corsica Ferries 'to sail from Marseilles'
  • Indonesian ports hit by strike
  • SSA devising terminal strategy

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The Journal of Commerceweb site
MARCH 20, 2006
  • Dubai ports controversy puts Sanborn's Marad nomination on hold
    A Democratic senator said he plans to delay DP World executive's nomination until he's sure U.S. ports are being sold to an American buyer.
  • PierPass hikes peak fees
  • Russia, U.S. in WTO entry talks
  • Hanjin adds Singapore-Thai feeder
  • NYK Line names Yamagata as North America chairman
  • BAA rejects $15.3B offer
  • Cerescorp adds cranes at Halifax terminal
  • Railroads plan $8B infrastructure upgrades

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Containerisation Internationalweb site
MARCH 20, 2006
  • CSCL adds presence to West Coast SA/Asia trade
    China Shipping Container Line has joined forces with CMA CGM and Maruba on the ACSA service from the West Coast South America to Asia.
  • Truckers paralyse Indonesian terminals
    Container movements at four of Indonesia's ports came to a complete standstill today as truckers, protesting against value added tax on port services, refused to work.
  • Record US rail investment in bid to meet anticipated demand
  • ACCC pours uncertainty to Toll/Patrick deal again
  • Intense competition to negate higher demand say box builders
  • Heinrich Schoeller buys New Pacific Shipping
  • Four-ship Liberty Bridge service sails this week
  • Hanjin and ACL to launch Singapore-Thailand feeder service

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TradeWindsweb site
MARCH 20, 2006
  • Per's truck with Jones Act
    Per Heidenreich tells CMA conference that shipping can show social responsibility by killing US-build section of Jones Act, moving cargoes from roads to water.
  • 'Not in default'
    Analysts change view on George Economou's DryShips' compliance with loan covenants after dry bulk owner places year-end fleet value on website.
  • Bad gamble
    Casino cruiseship's chief engineer admits trying to destroy computer records showing oily water discharge off Texas.
  • Birka pulls back
    Finnish owner cuts number of redundancies following sale of cruiseship Birka Princess.
  • Zim hints it will settle
    Israeli container line indicates it will offer money to familes of deceased Japanese fishermen despite court proceedings.
  • Stolt takes terminal stake
    Specialist shipping and transportation group Stolt-Nielsen buys into terminal in Belgium.
  • Infamous five for Hong Kong
    Port state control inspectors detained quintet of deficient vessels in February.
  • New Ulstein Verft chief
    Norwegian offshore vessel yard recruits Odfjell newbuilding boss Karsten Saevik as it seeks international growth.
  • NATS predicts solid first quarter
    Neither feast nor famine for Herbjorn Hansson's volatility-prone suezmax operator.
  • Borgestad quits owning
    Norwegian industrial group sells open hatch bulker business to Gearbulk but plans to remain in shipmanagement.
  • Green in Greece again
    Norwegian reefer owner Green Reefers buys another vessel from Laskaridis Shipping of Greece for $10.4m.
  • Saaremaa wins again
    Estonian owner's subsidiary Vainameri Lines secures 10-year state-subsidised Baltic islands ferry business.
  • Ready and waiting
    Credit Agricole arm poised to snap up shipping tonnage as it predicts market downturn.
  • Three dead off Korean coast
    Three Chinese crew members dead and nine others missing after their ship strikes an anchored LPG vessel in the Yellow Sea.
  • Lula likes ports
    Brazilian president unveils plan to rebuild 11 major terminals.
  • QGTC chooses Keppel
    Qatar Gas Transport Co ties up with Singapore yard to build new $430m shipyard at Ras Laffan.
  • New Ramform for PGS
    Aker Yards to build seventh seismic-work specialist for Norwegian owner.
  • Forth trusts to ports
    UK operator's seven terminals performing better, but 2005 profit dips as property revenue falls.
  • SSA Marine on the block
    Citigroup to seek potential buyers, but foreign government-backed firms need not apply.
  • Tallink tails Superfast
    Ambitious Estonian owner looking to relieve Greek ferry operator of Baltic route and ships.
  • Hanjin adds Sing-Thai route
    South Korean liner operator teams with Advanced Container Line to launch dedicated feeder service.
  • Short term fix for GOC pair
    Global Oceanic Carriers has arranged 35-40 day employment for its Go Faith and GO Pride.
  • US Navy nabs Somali pirates
    Twelve suspected pirates detained off the east coast of Africa after brief exchange of gunfire.

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American Shipperweb site
MARCH 20, 2006
  • Horizon Lines charters five new ships
  • Advance Container Lines, Hanjin to start Singapore/Thailand feeder
  • Tropical Shipping plans rate increase for Family Islands
  • U.S. Navy ships destroy Somalian pirate vessel
  • Titan Maritime redelivers "APL Panama" to owners
  • Zim renames Kenya agency
  • TNT to add 100 pilots in 2006
  • House approves $350 million for food aid in fiscal 2007
  • U.S. requests WTO consultations with Canada over corn import duties
  • PWC Logistics, Al-Ghaith Holding start automotive logistics venture
  • NCBFAA asks Commerce to "stay the course" on mandatory AES
  • Kuehne + Nagel buys E.M. Trans to expand Baltic overland activities
  • Eller beats the drum for DP World divestment
  • PierPass increases traffic mitigation fee to $50 per TEU
  • ICTSI's 2005 net income up 17%
  • L.A., Seattle ports report double-digit box declines in February
  • Columbia River dredging project one-quarter complete
  • Two new cranes for Port of Halifax

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The Scandinavian Shipping Gazetteweb site
MARCH 20, 2006
  • Tallink eyes Superfast Ferries Baltic service
    Tallink is interested in the Superfast Ferries service between Finland and Germany. Tallink has confirmed, but says that at this ...
  • Investors circling around Scandlines
    Several large foreign equity funds are circling around Scandlines waiting to buy the company, that are about to be put ...
  • Another Swedish bunker vessel ordered in Norway
    BRP in Västra Frölunda near G'teborg has ordered a larger sister vessel to its 3,364-DWT bunker vessel "Fox Sunrise ...

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The Bunker Bulletinweb site
MARCH 20, 2006
  • Two-tier market in Los Angeles leads to accusations
    Deflated market leading to big spread in prices as suppliers pointing fingers over price reporting.
  • London High Court: Judge rules in favour of owner
    Judge rules in favour of owner after explosion results from stowage of cargo next to bunker tanks.
  • Traders fear price slump in 'Jekyll-and-Hyde' market
    Traders are concerned that a supply glut in April could lead to a rapid price slump from current record high levels.
  • €2 million refit for oil response bunker tanker
    Following a €2 million refit, bunker tanker will be used as the East Mediterranean's oil spill response and recovery vessel.
  • Rotterdam sees little change at midday
  • Debt-ridden Singapore supplier to meet creditors this week
    Hopes of returning to bunker operations were dashed in February, but Singapore-based company remains hopeful.
  • Hong Kong Ferry slips on bunker costs
    Ferry operator posts reduced net profit in 2005 on higher bunker costs.
  • Bunker tanker capacity in the port of Singapore
    A study by MPA reveals current and upcoming tonnage figures of barges in Singapore ahead of the 2008 phasing out of single-hulled bunker tankers.

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