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Ship orders set to hit record US$60b mark
SHIP orders in 2004 will reach a record US$60 billion for a second straight year, Nordea Bank AB said, after increased trade with China boosted demand for vessels and pushed freight rates to record highs.
NY port's volumes rise 10% in H1
LED by imports of furniture, the key East Coast US Port of New York and New Jersey has enjoyed a 10 per cent rise in volumes for the first half of this year over last, as Asian cargo volumes continue to surge.
P&O may cut up to 1,000 jobs in ferries revamp
UP to 1,000 jobs could be lost this week when ports and shipping group P&O announces an overhaul of its loss-making ferries business, according to a report in The Guardian.
Cruise ship collides with tanker off Spain

Dockyard

Ship repair show to go around the world
COLOR is greater than 100% or less than 0% FOR the past dozen years, ship repairers and their customers, ship owners, have converged on London's Olympia each November for the annual ShipRepair & Conversion conference and exhibition.

web site

Shipping News

Ship orders set to hit record US$60b mark
SHIP orders in 2004 will reach a record US$60 billion for a second straight year, Nordea Bank AB said, after increased trade with China boosted demand for vessels and pushed freight rates to record highs.
NY port's volumes rise 10% in H1
LED by imports of furniture, the key East Coast US Port of New York and New Jersey has enjoyed a 10 per cent rise in volumes for the first half of this year over last, as Asian cargo volumes continue to surge.
P&O may cut up to 1,000 jobs in ferries revamp
UP to 1,000 jobs could be lost this week when ports and shipping group P&O announces an overhaul of its loss-making ferries business, according to a report in The Guardian.
Cruise ship collides with tanker off Spain

Dockyard

Ship repair show to go around the world
COLOR is greater than 100% or less than 0% FOR the past dozen years, ship repairers and their customers, ship owners, have converged on London's Olympia each November for the annual ShipRepair & Conversion conference and exhibition.

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Container volumes at Auckland up 2pc for 12 months to end Aug ICTSI Brazilian unit buys box handling equipment from China DHL C-TPAT programme validated by CBP Coalition launched to promote US port security POLB container throughput up 33.3pc in August CSX promotes Chinnici to vice president - purchasing UA to launch San Francisco-Nagoya service Delta to sell aircraft, seeks nod for China-Atlanta service Changi Airport named `Best in the World' by magazines

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SICL records highest loading of thermal coal at vizag port MANSA's Executive Committee elects new office-bearers for 2004-06 Coastal shippers express concern over TP processing thru' EDI Fieo multi-product team in South-East Asia Dumping duty slapped on methylene chloride imports from Korea France invites Indian investors CSL pays 7 per cent dividend for first time Allcargo Movers bags coveted iso 9001:2000 certification Forex reserves up by $ 679 million to $ 1,18,256 million National Manufacturing Competitiveness Council set up Coir Board draws up ambitious investment plan to double exports to Rs 1,000 cr. Forex reserves swell by $ 104 m Chidambaram to start budgeting for 2005-06 in November Railway projects funded by foreign finances Steady increase in fruits, vegetable processing capacities.

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SEPTEMBER 27, 2004
New crude record close to $50 per barrel The market will be looking for evidence on Wednesday that a wave of delayed crude oil supplies are reaching US shores. Speculation of another draw may drive crude up to $50 per barrel. Major 500 cst supplier set to boost sales next year Singapore's major supplier of 500 centistoke (cst) fuel oil to ships looks set to more than triple sales of the grade to one of its customers next year, continuing a trend for growing uptake of the high viscosity bunker fuel. Reminder: Petrobras to suspend supply Brazilian supplier to suspend bunker deliveries between September 30 and October 4. Gibraltar distillate stocks running thin ahead of resupply MPA on the sidelines in supplier-surveyor dispute Singapore's Maritime and Port Authority (MPA) has said it will not intervene in an on-going dispute between some bunker suppliers in the port and DNV Petroleum Services (DNVPS). Asia may not be ready for low-sulphur fuel oil demand Sources say Singapore refiners are not keen to change refining patterns to produce more low-sulphur fuel oil when emission control areas come into force next year. Rotterdam prices surge with crude Singapore: 2004 volumes could push 23 million tonnes Singapore bunker sales see another record month, with industry experts forecasting annual sales to jump two million metric tonnes this year.

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SEPTEMBER 27, 2004
Briggs Equipment selects GlobalTRACS French motorway operators to go public ABX Logistics new Lufthansa Cargo global partner Hourly departures for Brunsb'ttel-Cuxhaven Elbe ferry? EasternAirCargo doubles frequencies to Yuzhno Sakhalinsk APL to commence service to Sharjah Santander appoints new director

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SEPTEMBER 27, 2004
ILO Super Convention still not a done deal ABS plumps for diesels for LNG ships Farstad wins long-term contracts UK ferry passengers stuck on board

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SEPTEMBER 27, 2004
Funds for Washington ports included in Senate bill WTSA member lines eye boost to cotton rates Historical group will revamp lighthouse in Westport, Washington New Northwest photo exhibit opening at Sea-Tac Airport Port of Grays Harbor leases site to seafood firm

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Cruiseship Van Gogh collides with tanker THE cruiseship Van Goghhas collided with the laden double-hull tanker Spetses in the Bay of Gibraltar, in a potentially disastrous incident that luckily resulted in no injuries or pollution. ILO 'superconvention' wrangles unresolved NEGOTIATORS at the 'superconvention' seafarer labour standards talks in Geneva have failed to reach agreement on several key points, forcing participants to fudge the long-awaited draft instrument. 10 years on, Estonia questions remain FIVE Swedish parliamentarians are calling for a fresh inquiry into the sinking of the ro-ro ferry Estonia, which capsized with the loss of 852 lives ten years ago today. New clearing house for freight derivatives A NEW clearing house for freight derivatives is in the offing in the wake of the protracted bulk boom.

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SEPTEMBER 27, 2004
P&O employees wait anxiously EMPLOYEES of P&O's ferry division were waiting anxiously today for news of changes to the company's operating strategy that might see 1,000 redundancies of sea and shore staff and altered terms and conditions of employment Nigerian smuggler ships relocated TWO oil bunkering tankers, African Pride and Jimoh, both of which had gone missing after being placed under arrest for smuggling oil in Nigeria, have now been found Italian agent, broker join forces GENOA-based ship agency and broker groups Cambiaso Risso and Genoa Sea Brokers have completed a strategic alliance Capt Mangouras appeals again PRESTIGE captain Apostolos Mangouras is again appealing to be allowed home after lawyers lodged a new legal request to let him return to Greece for a three-month period Trans-Siberian Troika wins approval RUSSIAN Troika, the new joint venture for Trans-Siberian rail movement of containers, was approved last week by directors of the state-owned Russian Railways Corp Dredging Corp to expand fleet DREDGING Corp of India has approved a ten-year plan, which includes expansion of the company's dredging fleet, at its annual general meeting Jammed door traps passengers Radisson sells Tahiti cruiser Lula tackles Brazil port paralysis Boxship rates maintain high level Irish must invest further in ports Maanav Star refloated Fog blamed for Gibraltar collision Ports reopen after Jeanne Toll acquires Western Stevedores Boxship strikes Durban caisson

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SEPTEMBER 27, 2004
Break in the backlog at Los Angeles Traffic jam of vessels begins to dissipate after reaching near-record high. Florida ports assess Jeanne damage Ports re-open as Coast Guard, Army Corps check safety of harbors and waterways after hurricane passes. New JoC Breakbulk Conference dates FedEx plans Shanghai hub North American brokers form alliance Tolls to fund Panama Canal expansion: Minister Evergreen's Kuo to head N. American unit U.S.-Canada bridge kicks off improvements P&O cuts to benefit boxes Panama Canal nearing capacity "K" Line opens China office MOL enhances security through key waterway "K" Line adds Asia-U.S. all-water service

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SEPTEMBER 27, 2004
China Merchants Holdings International to enlarge China port businesses China Merchants Holdings International (CMHI) will get China Merchants Holdings Pacific's (CMHP) shares in China port investment by injecting into the latter its interest in five mainland toll roads. Arkas newbuilds see Turks cash in on charter boom Shippers and carriers clash over Subcontinent CAF Kerry Properties to buy China logistics company New Dutch pilot vessels could benefit boxships

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SEPTEMBER 27, 2004
ILO talks deadlocked Geneva meeting on seafarers' Bill of Rights ends with key issues unresolved. Streamline makes slim profit UK feedership operator and ship agency sees earnings fall in year to 31 March. Cruise disaster avoided No injuries or pollution despite collision of passenger ship and laden tanker in thick fog. Regulation for India? Indian exporters press for regulator to keep an eye on fluctuating freight rates. Dag Schjerven joins Wilh Wilhelmsen shipping group makes explosive merger appointment. Ship sales boost Denholm UK owner and manager logs rise in pre-tax profit for 2003 after selling six vessels. MOL beefs up security Japanese owner hires experts to check safety of vessels passing through Malacca Strait. Crash blamed on poor vigilance A failure to keep a proper lookout on both Brave bulker and fishing vessel led to their collision. Four burnt on tanker Singapore ship repair workers hospitalised after pump room blaze. Simon still struggling UK ports group posts first half loss after shedding shipping and storage units. Ferry passengers cut free Passengers and crew spend a day on NorseMerchant ship after door fails. SembCorp raises fresh capital Singapore yard group sets up SGD500m debt issuance programme to meet immediate funding needs. Lys-Line signs paper deal DFDS subsidiary to carry 50,000 tonnes per year from Sweden to UK from 2005. Paris MOU nets big names Exxon and Maersk named as charterers of two lpg carriers detained by inspectors last month. Virtu inks cat contract Maltese operator orders ro-pax catamaran newbuilding from fast ferry specialist Austal. Maanav Star set for refloat A further attempt to refloat grounded Indian-registered cargo ship to be made on Monday.

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SEPTEMBER 27, 2004
APL's controlled carrier status WTSA adopts new cotton rates CSCL pays premium for early delivery of 5,688-TEU ship "K" Line opens office in Chengdu 314 vessel operations projected for Operation Iraqi Freedom III Patriot Contract Services files protest to GAO over LMSR contracts IATA deplores slow pace of air transport liberalization FedEx buys eight planes from Delta LAX develops security plan Report: Worldwide air cargo volumes up 10% in first half Canada seeks technology to improve highway efficiency at borders ATA reels in carrier, money for highway security program DOT secretary promotes economic benefits of freight transport U.S. Customs chief continues push for border strategy U.S. millers want European oats off the table for tariff action Siemens and Kuehne connect RFID Bentzel leaves Senate Commerce Committee Amazon picks NextLinx software Nevada shipper settles charges for illegal exports to Iran Most Florida ports remain closed due to Hurricane Jeanne NY-NJ reports half-year growth Tideworks, Camco team up on OCR for gates

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SEPTEMBER 27, 2004
Lys-Line secures another paper contract Lys-Line ' 66 per cent owned by DFDS ' has secured a contract to transport 50,000 tonnes of paper annually from ... Further Camillio Eitzen/Lauritzen cooperation Once Camillo Eitzen's purchase of Gibson Gas Tankers ' with five vessel from 3,200 to 6,800 cu.m. capacity ' is completed next ... Røkke looking for tax concessions for Ostsee German Chancellor Gerhard Schröder will meet Kjell Inge Røkke in Molde, Western Norway, tomorrow to discuss possible tax concessions to ...