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Shipping News

Nippon Yusen to raise stake in Nippon Cargo to 55%
NIPPON Yusen KK, Japan's largest shipping line, said it will buy out All Nippon Airways Co's stake in Nippon Cargo Airlines Co to strengthen its airfreight business.
S'pore bunker sales to cool off from 2004 boom
SINGAPORE's 2005 marine fuel market is unlikely to match the surprise double-digit year-on-year sales surge rise of the previous year, a government official said yesterday.
Daewoo Shipbuilding gets orders worth 260b won
DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said it has received orders to build four container vessels valued at 259.5 billion won .
Indon navy launches anti-piracy operation
Moving experience

Strait Talk

A step closer to paperless checks
WITH the ever greater emphasis on measures to improve safety and security at sea the associated bureaucratic demands on ships have, inevitably, grown greatly in recent years.

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Shipping News

Nippon Yusen to raise stake in Nippon Cargo to 55%
NIPPON Yusen KK, Japan's largest shipping line, said it will buy out All Nippon Airways Co's stake in Nippon Cargo Airlines Co to strengthen its airfreight business.
S'pore bunker sales to cool off from 2004 boom
SINGAPORE's 2005 marine fuel market is unlikely to match the surprise double-digit year-on-year sales surge rise of the previous year, a government official said yesterday.
Daewoo Shipbuilding gets orders worth 260b won
DAEWOO Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder, said it has received orders to build four container vessels valued at 259.5 billion won .
Indon navy launches anti-piracy operation
Moving experience

Strait Talk

A step closer to paperless checks
WITH the ever greater emphasis on measures to improve safety and security at sea the associated bureaucratic demands on ships have, inevitably, grown greatly in recent years.

	web site

2nd phase of Dalian's Dayaowan terminal opens Yantian Port implements measures to simplify procedures MacAndrews deploys new vessel on Indian service SYMS commences new North Asia service from Singapore Summer congestion at major European ports to relent Portugal to take part in CSI Qantas to offer seasonal services to Korea TNT Express extends 'Express Import' service

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GAC India expands network & portfolio MacAndrews brings Cape Bonavista to Swahili Express Service DGS' exam for seafarers sees 82 pc coming out with flying colours 3 DLW-made locomotives to be exported to Sudan Korean steel giant, Posco to develop captive port facility at Paradip Environment Ministry clears decks for Alang to break Danish ship, Ricky Tender process to be over by Oct.-end, depth plumbing to begin in November Railways exceeds Q1 freight target Easier flying for exporters! BCHAA president R. Radhakrishnan on JNPT Board Textiles Ministry hopeful of 25 pc rise in exports during 2005-06 Russia for new mechanism to bridge trade gap Govt to ease norms for release of funds for textile parks Anti-dumping duty imposed on MBTS from China Assocham study estimates IT services exports to exceed $ 50 bn by 2008-09 GSPC locates more gas wells in K-G basin in Andhra

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JULY 12, 2005
Port of Le Havre appoints new director MacAndres to add vessel to Swahili Express service Qatar Airways to Singpore USA to better safeguard train black box data WCA Family forms new forwarder network in India

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JULY 12, 2005
Australian security zone plans dropped Estonia not implementing ro-ro safety rules EC slams Belgium and Hungary over waste reception facilities OSG appoints Mats Berglund to head crude tanker business MacGregor buys All Set London seeks to lure cruise ships to Olympics

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JULY 12, 2005
Celebrity Cruises signs for newbuild at Meyer Werft

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Restis' $230m Golden opportunity RESTIS shipping group of Greece has set in train its long-awaited initial public offering with a registration statement for Golden Energy Marine Corp, a newly established company combining the group's tanker arm with some of the bulkers it recently acquired from Malaysian International Shipping Corp. London Club raps Brussels' crackdown on seafarers LEGISLATION that could criminalise seafarers was drafted by Brussels without consulting legal experts who have been involved in prosecution cases, a liability insurer claimed yesterday, writes Janet Porter. Malaysian backlash at Malacca risk call MALAYSIAN Transport Minister Chan Kong Choy has lashed out at the declaration of the Malacca Strait as a war risk zone, claiming that the shipping lane is one of the safest in the world. Battle to save BP's Thunder Horse BP FACES a potential disaster after its Thunder Horse floating production platform (right) was damaged by Hurricane Dennis when it crashed through the Gulf of Mexico, writes Martyn Wingrove. P&O Nedlloyd to quit conferences and consortia LINER services around the world will be hit by the pending P&O Nedlloyd takeover as the line withdraws from more than a dozen conferences and consortia.

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JULY 12, 2005
Celebrity goes Post-Panamax CELEBRITY Cruises will begin construction of a new series of vessels at Meyer Werft and for the first time will enter the post-Panamax arena Pakistan detains Indian vessel PAKISTAN has detained Indian registered general cargo ship Orient Prosperity for violation of port state control Fleet expansion boosts Q Ship QATAR Shipping has posted impressive half year profits on the back of a buoyant market and new investments in the fleet expansion Dredging monopoly threatened THE Brazilian government's moves to allow foreign dredging companies to tender for contracts has been attacked by the president of Brazilian company Dragaport Santos delays prompt strike action Grounded Kiperousa update Spain's $300Bn transport plan Spain yard sale: minister clarifies Paranagua port in political battle Gulf platforms reopen after Dennis OSG in tanker spin-off EU targets reckless pollution Theft: Jamaica Melbourne trial dredge welcomed

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JULY 12, 2005
Truckers eye PierPass payout Harbor trucking firms and their drivers are leveraging the new PierPass extended gates program to help boost their pricing power. Export ABCs: Schedule B numbers Parent of NYK Line acquires Nippon Cargo Airlines NJ chassis bill advances Injunction clears Vancouver gates Canaveral gets space shuttle limits FMC closes Guam rate case Columbia River dredging begins Maersk eyes Ghana box terminal Menlo promotes Warner, Bassett

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JULY 12, 2005
Melbourne dredging facing renewed opposition The Victorian Government has formally approved a trial dredging programme (TDP) in Port Phillip Bay, but project opponents have begun a new campaign opposing all deepening work. Rotterdam re-introduces scanning charges China Shipping schedules Halifax call SIPG buys into strategic Wuhan Deadline finalised for Australian Customs changes Luanda struggles to cope with demand CMA CGM confirm 'another dossier' in its acquisition intentions Grand Alliance rides the US Pacific NorthWest wave Dunkirk fresh-food logistics facility to open its doors in early 2006 Hamburg Sud orders four more boxships CCNI confirm their Asian bets, with new Chinese offices

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JULY 12, 2005
Restis' new enterprise Golden Energy is latest shipping IPO asking investors to ignore previous failure, but 2002 Enterprises Shipholding workout still rubs some raw. Debut profit for Tschudi Diversified Norwegian shipping company rings up a result for Felix Tschudi. EU moves against polluters Prison or fines of up to $1.8m face masters, owners, managers, charterers and class societies under new criminal regime. State backs SCI order Indian owner wins government clearance for VLCC duo lined up at Daewoo. Post panamax for RCCL Cruise line to splash out $640m on first wide hull ship for Celebrity subsidiary. Riga line on the up New chartered ferry boosts volumes for Latvian owner on Stockholm route. Baltic ferry numbers up Tallink, Viking and Eckero improve passenger figures in the first half. Hamburg Sud in $250m deal German owner returns to Daewoo Shipbuilding for four costly 3,200-teu containerships. Alstom yards quiet First quarter revenues drop as French shipbuilder awaits confirmation of MSC cruiseship order. Vopak links with Kogas Partners to work together on plans for new LNG terminals in Asia. Samho seals LNG and VLCC deals Hyundai group yard confirms orders for a gas carrier and tanker tonnage from Teekay and NITC. Java Sea heads to Singapore Fire-damaged bulker to spend 50 days in repair yard after blaze off Cairns. Tug Malta inks newbuildings Mediterranean island tug company orders two new craft at Damen Shipyards for delivery in 2006. NYK takes flight Japanese shipping giant takes control of air freight company Nippon Cargo Airlines. EIB funds Senegal ro-ro European Investment Bank's EUR10m loan to cover one-third of the cost of new sea link and port.

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JULY 12, 2005
Maersk Sealand to pull P&O Nedlloyd from European conferences Overseas Shipholding names Berglund as senior vice president NYK gains control of Nippon Cargo Airlines U.S. international air cargo declined 2% in May Cathay shrugs off air freight traffic slowdown UPS to offer express package services in China UPS adds new ZIP codes to early-morning delivery service IWLA asks BNSF to drop new demurrage rules Authorities probe fatal crash of 2 CN trains in Mississippi U.S. textile makers petition for protection from Chinese imports Truckers urged to stop work in L.A., Long Beach ports for one day

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JULY 12, 2005
Greenpeace calls to boycott ship dismantling in India and Bangladesh In a joint press statement several green and labour groups, including Greenpeace and BAN (Basel Action Network), call to boycott ...

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JULY 12, 2005
LA cargo volumes up, but demand remains dependent on price Container ship traffic is increasing but suppliers will need to be competitive to capitalise, say bunker suppliers. Suppliers: Panama prices ignoring resupply costs Bunker prices soften further in Panama despite noises suggesting price levels are unsustainable when factoring in resupply costs. EU sets penalties for pollution as legislation is adopted The European Union (EU) today adopted new measures against ships that pollute EU waters, setting penalties to be imposed on anyone who has been found to have caused or contributed to illegal pollution intentionally or by means of serious negligence. Crude rebounds strongly as new tropical storm brews After three straight days of significant losses in crude oil prices, a sharp rebound occurred today amid anticipation that Hurricane Dennis may have dented US oil inventories, and the season's fifth tropical storm was brewing in the Atlantic. Volgotanker may face huge tax claims after losing appeal After losing an appeal against a bill for 715 million rubles (around $26 million) in back taxes and penalties for 2001, total tax claims against Russia's biggest oil shipping company might eventually top 1 billion rubles. Novorossiysk to expand oil export capacity The Russian Black Sea port of Novorossiysk is planning major investments to boost its loading capacity for crude oil and oil products in a bid to maintain its position as Russia's largest oil port. Green initiatives save NYK group millions in fuel costs NYK estimates that during the fiscal year 2003, environmental efforts saved the company '1.6 billion, or $14.5 million, mainly in reduced fuel costs. Singapore: Market growth continues but at slower pace Government officials in Singapore have said that growth in the republic's bunker market this year is unlikely to match that seen in 2004, but will still be significant. Oman: BP Marine opens "showcase" Salalah terminal BP Marine announced today that the conmpany's new "showcase" land-based terminal will open at Salalah this week. Rotterdam barge bids/offers wide apart this morning Indian project set to dampen Colombo's bunker market India's deep-sea dredging project, or the Sethusamudram project, looks set to have a negative impact on Colombo's bunkering activities. Indian refinery ships diesel through Bangladeshi river Indian-based barge operator has started to ship consignments of diesel from Numaligarh refinery in Assam through a Bangladeshi river route. Attractive offers from FAL Oil for Pakistan tender UAE-based FAL Oil has made the most attractive offer on a July-August fuel oil buy tender from Pakistan State Oil.