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PSA's local volumes surge 12% in July
SURGING container volumes that brought unprecedented congestion to Singapore's terminals nearly two months ago showed little sign of abating in July as throughput volumes were again at near-record levels.
Leaders call for steps to lure S'poreans into marine jobs
GOVERNMENT leaders have urged employers in the marine and shipping sectors to look at attracting and retaining more Singaporeans in the industry.
India acts to ease port congestion as exports are hit
SCRAP metal has been identified as the culprit behind congestion at India's key Mumbai ports, leading the government to slap a 60-day restriction on the acceptance of heavy metal scrap containers.
Tanker crew foils pirate attack in Malacca Strait
THE crew of an oil tanker foiled a pirate attack on Saturday after robbers tried to board their vessel in the Strait of Malacca, one of the world's busiest shipping lanes, the International Maritime Bureau said in its weekly report.
18th century ship log may fetch £150,000
THE log of a captain who suppressed a mutiny on an 18th century ship during a voyage from Cork, Ireland, to Australia may fetch as much as £150,000 at a London auction on on Sept 23, Christie's International said.
Korea's STX may move one yard to China
STX Shipbuilding Co, South Korea's seventh-largest shipbuilder, said it may relocate one of its dockyards to China to expand its production capacity and improve on its productivity.
US Navy rescues 12 from sinking Indon ship
A US warship rescued 12 people from a sinking Indonesian-flagged cargo vessel in the north of the Gulf over the weekend, the navy's Fifth Fleet said on Monday.

Air and Land Transport

Branson eyes India, China airline investments
RICHARD Branson's Virgin Group said on Monday the British billionaire was investigating the possibility of investing in low-cost airlines in India and China.
Virgin Atlantic raises fuel levies on tickets sold in UK
Travel bookings in Asia up 46% in June
Delta may have to turn to Chapter 11 to keep flying
BA protests to EU over Italy's pricing demand
Boeing to see up to US$6.4b in extra US Army funds

Strait Talk

Maritime services: Can S'pore wax as London wanes?
AREPORT released in London last week painted a gloomy picture for those who hope the UK capital will maintain its position as a global leader in maritime services indefinitely.

web site

Shipping News

PSA's local volumes surge 12% in July
SURGING container volumes that brought unprecedented congestion to Singapore's terminals nearly two months ago showed little sign of abating in July as throughput volumes were again at near-record levels.
Leaders call for steps to lure S'poreans into marine jobs
GOVERNMENT leaders have urged employers in the marine and shipping sectors to look at attracting and retaining more Singaporeans in the industry.
India acts to ease port congestion as exports are hit
SCRAP metal has been identified as the culprit behind congestion at India's key Mumbai ports, leading the government to slap a 60-day restriction on the acceptance of heavy metal scrap containers.
Tanker crew foils pirate attack in Malacca Strait
THE crew of an oil tanker foiled a pirate attack on Saturday after robbers tried to board their vessel in the Strait of Malacca, one of the world's busiest shipping lanes, the International Maritime Bureau said in its weekly report.
18th century ship log may fetch £150,000
THE log of a captain who suppressed a mutiny on an 18th century ship during a voyage from Cork, Ireland, to Australia may fetch as much as £150,000 at a London auction on on Sept 23, Christie's International said.
Korea's STX may move one yard to China
STX Shipbuilding Co, South Korea's seventh-largest shipbuilder, said it may relocate one of its dockyards to China to expand its production capacity and improve on its productivity.
US Navy rescues 12 from sinking Indon ship
A US warship rescued 12 people from a sinking Indonesian-flagged cargo vessel in the north of the Gulf over the weekend, the navy's Fifth Fleet said on Monday.

Air and Land Transport

Branson eyes India, China airline investments
RICHARD Branson's Virgin Group said on Monday the British billionaire was investigating the possibility of investing in low-cost airlines in India and China.
Virgin Atlantic raises fuel levies on tickets sold in UK
Travel bookings in Asia up 46% in June
Delta may have to turn to Chapter 11 to keep flying
BA protests to EU over Italy's pricing demand
Boeing to see up to US$6.4b in extra US Army funds

Strait Talk

Maritime services: Can S'pore wax as London wanes?
AREPORT released in London last week painted a gloomy picture for those who hope the UK capital will maintain its position as a global leader in maritime services indefinitely.

web site

Shipping News

PSA's local volumes surge 12% in July
SURGING container volumes that brought unprecedented congestion to Singapore's terminals nearly two months ago showed little sign of abating in July as throughput volumes were again at near-record levels.
Leaders call for steps to lure S'poreans into marine jobs
GOVERNMENT leaders have urged employers in the marine and shipping sectors to look at attracting and retaining more Singaporeans in the industry.
India acts to ease port congestion as exports are hit
SCRAP metal has been identified as the culprit behind congestion at India's key Mumbai ports, leading the government to slap a 60-day restriction on the acceptance of heavy metal scrap containers.
Tanker crew foils pirate attack in Malacca Strait
THE crew of an oil tanker foiled a pirate attack on Saturday after robbers tried to board their vessel in the Strait of Malacca, one of the world's busiest shipping lanes, the International Maritime Bureau said in its weekly report.
18th century ship log may fetch £150,000
THE log of a captain who suppressed a mutiny on an 18th century ship during a voyage from Cork, Ireland, to Australia may fetch as much as £150,000 at a London auction on on Sept 23, Christie's International said.
Korea's STX may move one yard to China
STX Shipbuilding Co, South Korea's seventh-largest shipbuilder, said it may relocate one of its dockyards to China to expand its production capacity and improve on its productivity.
US Navy rescues 12 from sinking Indon ship
A US warship rescued 12 people from a sinking Indonesian-flagged cargo vessel in the north of the Gulf over the weekend, the navy's Fifth Fleet said on Monday.

Air and Land Transport

Branson eyes India, China airline investments
RICHARD Branson's Virgin Group said on Monday the British billionaire was investigating the possibility of investing in low-cost airlines in India and China.
Virgin Atlantic raises fuel levies on tickets sold in UK
Travel bookings in Asia up 46% in June
Delta may have to turn to Chapter 11 to keep flying
BA protests to EU over Italy's pricing demand
Boeing to see up to US$6.4b in extra US Army funds

Strait Talk

Maritime services: Can S'pore wax as London wanes?
AREPORT released in London last week painted a gloomy picture for those who hope the UK capital will maintain its position as a global leader in maritime services indefinitely.

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"K" Line president calls for measures to secure cargo space, rates HK forwarders urged to move fast on Cepa applications MOL profits to exceed expectations New shipping line set up in Malaysia YICT hosts Cosco's largest containership Part of Zhuhai-Beijing highway opens Cathay monthly throughput up, eight extra Boeings ordered Korean Air Cargo rated second largest freight carrier Continental Airlines to provide Honolulu to Nagoya service Emirates secures financing for longhaul airbus

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HPCL to go for extra tankage facility at Vizag Port Gateway Terminals India signs Licence Agreement with JNPT Malaysia Airlines to start 6 new flights to India, China over next 5 years CONCOR to provide regular weekly services between Mumbai Port & ICD-TKD from Aug. 23 CBDT revises BPO taxation norms Rs 500-cr. corpus for development of inland water transport mooted Finance Ministry toying with idea of issuing DEPB scrips in demat form to exporters Jurong Int'l to have 10 pc stake in MiSEZ project Online Customs clearance for 12 more centres Brazil's Ambassador to speak at IMC tomorrow IMC-ITPO to hold 5-day 'A Slice of India' in Mongolia from Aug. 30

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AUGUST 10, 2004
Chinese fuel oil futures launch approaching Trading of fuel oil futures due to commence in Shanghai later this month, possibly paving the way for other oil derivatives and undermining Singapore's dominant role in setting fuel oil prices. Titan announces further growth in oil transportation capacity Titan says it needs to continuously expand capacity to keep up with customers' growing oil transportation requirements. Dead Fujairah sees prompt supply restored Some of the bigger suppliers were looking good for prompt deliveries amid good avails for both barges and product. Hong Kong bunker market pulled in opposite directions DNVPS to review subcontracting policy DNV Petroleum Services (DNVPS) confirmed today that the company intends to review its policy on subcontracting surveyors for bunker deliveries in an effort to hold up its standards. Norway: New company takes over off-shore bunkering A new company has taken over the off-shore bunkering activities of Arktisk Marin AS. Rotterdam firm following strong crude close

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AUGUST 10, 2004
Qnamic to market products throughout Europe US court rejects FMCSA's new "hours of service" rules EGL Inc sees 22% gross revenue increase in Q2/2004 Bavarian ports posts mixed bag in first half China Southern Airlines appoints Global Air Cargo as GSA Amsterdam ports post interim figures Port of Rotterdam appoints new Austrian representative

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AUGUST 10, 2004
Eurocrat insists EC must grab key IMO role Nearly 9% of Belize fleet banned from sailing CP in accounting goof Intertanko and AWO oppose new Massachusetts law OMI fined US$4.2m, whistleblower gets half

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AUGUST 10, 2004
ABS certification for Tarzan Seabulk sees offshore uptick Breakthrough order for Ulstein Design AS

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CP Ships 'a takeover target' as investors bail out CP SHIPS has become an overnight takeover target after its shares plunged in value this week. Bergesen makes pledge to end Oslo redundancy programme BERGESEN, the Sohmen family-controlled Norwegian shipping group, has pledged there will be no more job losses at its Oslo headquarters as it now turns its attention to cutting its contingent of western European officers following last year's takeover by World-Wide Shipping, writes Jerry Frank. Shipowners escape as oil prices hit a new high WORLD oil prices were softening yesterday afternoon, after having hit all-time record highs during the day, writes David Osler. Cargill shrugs off market flux to deliver record profits AGRIBUSINESS conglomerate Cargill, one of the world's most influential charterers, saw fourth quarter net earnings soar 38% to $195m.

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AUGUST 10, 2004
Intertanko attacks age ban THE tanker owners' organisation Intertanko has demanded withdrawal of a possible tonnage age restriction ban to be imposed by Muhammad bin Qasim port, Pakistan, from 1 January 2005 Maintenance, not strike-breaking A COURT in Norway has ruled in favour of the Norwegian Shipowners' Association in a dispute over maintenance work being carried out on a rig involved in a strike Bigger ships for Bandar Abbas JAPANESE major NYK has launched a monthly south east Asia-Iran service with a first 3,618TEU vessel calling at Iran's main container port, Bandar Abbas, last week. Hueneme expansion proposal A PROPOSAL has been made to expand the Californian port of Hueneme by using US Navy land and wharves NSICT closes export gates P&O Ports-run Nhava Sheva International Container Terminal (NSICT) in India has closed its export gates, and JNPT is reported to be likely to follow suitl Wan Hai Lines - profits up TAIWAN'S Wan Hai Lines has reported a 13.5% increase in first-half revenue, largely due to high shipping rates on the Asia-Europe and trans-Pacific routes Cruise passenger sues over alleged assault Bush signs CG, MarAd budgets Dreyfus reorganises ro-ro business Hurricane warnings - US Gulf Pakistan wheat imports Ghost fleet vanishing Asia minor beats majors SNCM issues warning on results Gujarat minor port development

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AUGUST 10, 2004
LA-Long Beach fights cargo jam Traffic moving but delays expected to get worse for nation's busiest import gateway. ILA, employers want lawsuit dismissed Ask federal judge to throw out lawsuit by union dissidents challenging contract ratification vote. Inttra expands global services network Alabama plans Mobile box facility Mercosur, EU hold trade talks TACA shifts currency fee Rail group slates peak-season forum U.S. approves Libya cargo charters China closing high-tech trade gap CSX bails on London exchange Cathay traffic jumps Mercury tabs former UPS exec Waterways conference planned

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AUGUST 10, 2004
Xiamen port authority plans to float its shares in Hong Kong The state-owned Xiamen Port Affairs Company aims at raising funds through the Hong Kong Stock Exchange (HKEX) to help expand the scale of facilities at China's seventh largest port. Shares nosedive as CP Ships re-states profits Felixstowe rail ready for rail-gauge boon Rhine cargo faces low water surcharge RCL achieves significant improvement in Q2 net profit Four consortiums participate in Gamcheon logistic complex Med and Atlantic conferences announce October surcharges

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AUGUST 10, 2004
Seabulk solid US Jones Act tanker operator and potential takeover target increases profits in first half. Ex-OSG boss buys low Michael Recanati looks to be cashing in options for further sale. Noble nails profit HK shipowner and trader posts massive rise in earnings and turnover. A quiet Kurz Seabulk chief won't talk about acquisition rumours circling his company. Close thing for Naikai Japanese shipbuilder scrapes into profit in first quarter of 2004 financial year. Veteran broker Brandt passes at 65 Stockholm native founded and ran Brandtship in US for nearly 40 years. Panamaxes collide off Cristobal Nomikos bulker remains at anchor after damage to No 2 cargo hold after being struck by Jacaranda. Sobering ruling for NYC Judge throws out breath test for assistant captain of Staten Island Ferry. Indo ro-ro sinks in Gulf Entire crew of twelve rescued by US Navy supply ship as Kalla Lines' Edha II goes to the bottom. Great Eastern plots bulker cull Indian owner's boss Bharat Sheth earmarks two dry cargoships for demolition within a year. Stelmar takes handymax pair Delivery of Ariadmar and Atalmar marks completion of Greek owner's 2004 newbuilding programme. Bourbon revenues soar French bulker and offshore owner continued to grow its business in the first half. Cargo lawsuit over Odfjell blast Chemical comany sues over damages resulting from a fatal blast in June. Stowaway cases fall 30% Hazardous voyage to new life as an unwelcome passenger is losing popularity. Belize grounds 24 Nine percent of fleet going nowhere after failing to meet ISPS requirements. Greek tanker rescues fishermen Treasure Finance ship saves two crew from capsized boat in Spanish Med. RCL profits quadruple Strong increases in container liftings and a recovery in rates helps boost Thai boxship player.

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AUGUST 10, 2004
CP Ships' stock price collapses after disclosing accounting errors Tropical raises second-quarter operating profits Zim transfers Australian operations to Gold Star FedEx acquires Parcel Direct to boost residential delivery services UPS adds air mode to U.S. inbound distribution service USAID donates 31,700 metric tons of food aid to Darfur, Sudan Ryder names Cross VP of maintenance EGL doubles net income in second quarter OFAC wants feedback on licensing procedures to Sudan, Libya, and Iran

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AUGUST 10, 2004
GL, DNV and BV best in class In its annual report for 2003, Paris MOU ranks Germanischer Lloyd, Det Norske Veritas and Bureau Veritas in top of ... Government support for Knutsen gas scheme Knutsen OAS in Haugesund has received implicit government support for it's new system for coastal and shortsea gas transportation system ... Engineer in Mærsk tanker falsified oil logbook A 35 year old 1. engineer on board the gas tanker "Jane Mærsk", owned by A.P. Møller-M'rsk, has been ...