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Shipping News

Mitsui OSK to set up container facility in Florida port
TOKYO-based shipping company Mitsui OSK Lines Ltd will soon put the Florida port of Jacksonville on the global container terminal map when it announced the establishment of a new US$200 million container facility there.
Swire Shipping signs new TSAs with PSA
SWIRE Shipping, a subsidiary of the UK-based Swire Group, has signed new Terminal Service Agreements with PSA Corporation.
Ezra commissions 2nd AHTS vessel
SESDAQ listed offshore support and marine services provider Ezra Holdings has taken delivery of a second anchor handling towing and supply vessel, the Lewek Swan.
Daewoo Shipbuilding may win Qatar order
Long Beach's container shipments up 17%

Strait Talk

Feeling queasy about systems
THIS column is a day late but I can plead a good excuse.

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Shipping News

Mitsui OSK to set up container facility in Florida port
TOKYO-based shipping company Mitsui OSK Lines Ltd will soon put the Florida port of Jacksonville on the global container terminal map when it announced the establishment of a new US$200 million container facility there.
Swire Shipping signs new TSAs with PSA
SWIRE Shipping, a subsidiary of the UK-based Swire Group, has signed new Terminal Service Agreements with PSA Corporation.
Ezra commissions 2nd AHTS vessel
SESDAQ listed offshore support and marine services provider Ezra Holdings has taken delivery of a second anchor handling towing and supply vessel, the Lewek Swan.
Daewoo Shipbuilding may win Qatar order
Long Beach's container shipments up 17%

Strait Talk

Feeling queasy about systems
THIS column is a day late but I can plead a good excuse.

	web site

Cosco to boost capacity at Le Havre China rail cargo volume rises through June Shipyard order books full, but analysts caution good times won't last Westport sets MYR100m net profit target for 2005 MSC to put mega containerships onto Silk Express service Qingdao to invest CNY26.2b on infrastructure Xinjiang subcontracted exports surge 330pc in first half Asiana Airlines braces for more disruption from pilots Korean Air to perform heavy maintenance on UA's B747-400s Lufthansa Cargo, Swiss WorldCargo to speed up co-operation

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MoS to offer management contract to swing around CIWTC's fortunes Institute of Chartered Shipbrokers to conduct 2-day course in New Delhi next month CMA CGM set to acquire Bollore Group's shipping operations Dhamra port project poised to achieve financial closure by year-end Rs 60,339-cr., 10-year maritime infrastructure plan at Major Ports drawn up Consultant sees immense potential for container throughput at JNP CM to open JNP's highway link with Mumbai-Pune Expressway today Air Sahara slashes fares by over 25 pc Haldia-Birgunj ICD rail link next on CONCOR's agenda Lufthansa to add 6 flights Corporate India chants merger mantra now Centre may grant subsidy for export of pepper, cardamom soon Cashew kernel exports yielding far more this year Service tax collections surge by 91 pc in June One-to-one meetings with Taiwanese trade team today CBDT allows online filing of annual information return

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JULY 20, 2005
DHL welcomes Christensen on board the Ocean Freight team General port of Hamburg on course for record Swiss WorldCargo: volumes up CFI offers higher wages to truck drivers Panalpina acquires Singapore oil logistician Janco Oilfield

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JULY 20, 2005
Fewer piracy attacks but Somali waters very dangerous ICS warns EC over UNCLOS and IMO Lower fees "push up St Lawrence cargoes" London boxport proposal gets qualified go-ahead

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JULY 20, 2005
EC approves Dutch shipbuilding loan guarantee scheme More testimony on DDX Piracy incidents fall

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JULY 20, 2005
Vancouver, BC truck strike making waves across nation Port of Portland gives land for salmon restoration project Volunteers rescue last parts of Battleship OREGON Port of Seattle eyes possibility of Des Moines business park CP Ships boosting frequency of Asia to Australia run

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Britain poised for box port boost in Thames estuary BRITAIN'S chronic container capacity problems look set to ease with the government giving tentative support yesterday for P&O's 'pound;1.5bn ($2.5bn) plans for a new terminal near London. Cooke eager to see derivative tools used in container shipping industry NEWLY-elected Baltic Exchange chairman Anthony Cooke is throwing his professional weight behind efforts to establish paper-based hedging tools for the container shipping industry. Clarksons mulls creation of slot costs hedging CLARKSONS is exploring the feasibility of a derivatives market suitable for shippers of containerised goods, writes Janet Porter. De Palacio begins work as EU transport 'czar' LOYOLA de Palacio returned to Brussels yesterday to begin her new job as commission transport 'czar', writes Justin Stares in Brussels . Majestic turnout for Royal Maritime Day MEMBERS of the British royal family fanned out across the UK yesterday to participate in the first ever Royal Maritime Day, a themed event which took place as part of the Sea Britain 2005 celebrations, writes Michael Grey.

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JULY 20, 2005
Bush endorses port security programmes PRESIDENT George Bush sat at the controls of a new container X-ray device at the port of Baltimore today before taking the stage to promise increased port security funding Panama arbitration moves closer BACKLOGS in Panama's maritime courts may grow shorter after an agreement this month to set up a formal arbitration board Canada looks north CANADA is widening its efforts to detect illegal oil discharges from ships in the Arctic Ocean in response to growing marine traffic in the region Hurricane Emily back in Mexico Fabricius buys BR Marine Sabic unveils massive ethylene project Subsidies for green barges HK's Apollo Cruises to be sold Exorcism on the cards for US ghosts London Gateway approval likely Migrant Watch: US/Caribbean Zim takes over Arebee in India Bunker surcharge dispute heats up

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JULY 20, 2005
Tax break sought for short-sea shipping Proposed legislation backed by Port Canaveral, Fla. (left) would exempt coastwise traffic from having to pay Harbor Maintenance Tax. Coal, ore rates at two-year low Highway bill extension Intermodal helps CN profit London OKs P&O hub project Sharp drop in piracy Cargolux eyeing new 747Fs U.S. tops HK air exports Maersk buys Abidjan terminal

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JULY 20, 2005
UK government 'minded to approve' P&O Ports' London Gateway P&O Ports (POP) has received 'minded to approve' notification for its London Gateway project, from the UK Department for Transport (DfT) and the deputy PM, who has regional'development responsibilities. Analyst warns of negative impact of capacity over-supply Industry observers have warned that over-supply of containerships will start to take its toll on freight rates on the Asia/Europe and transpacific trade routes in the following years. Storm clouds gather on box charter market horizon Loaded container throughput declines at Californian megaports India's port and dock-workers to strike against privatisation CIFFA urges letter campaign, while considering class-action against Vancouver strike Brazil Customs strike over administrative merger Sri Lanka to license forwarders and agents Positive outlook for ANZ dairy exports Australia wine exports maintain growth Need for Voyage Data Recorder highlighted by Kattegat collision

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JULY 20, 2005
Here comes Seaspan Vancouver liner company could make public filing on $600m IPO as soon as Thursday, will launch roadshow next week. Can Genco stop the bleeding? Optimism high as Peter G drybulk company winds up roadhow, but aggressive $24-to-$26 price range will be tough to hold after five straight stumbles by others. Japanese orders slump Volume of new contracts plummets 30% in June as country's builders face light orderbook. Bullish, but.... An analyst with investment bank Maxim comes out snorting over the tanker sector, but taking a few bear swipes at General Maritime. P&O gets Gateway green light UK government likely to approve plan to build big new container terminal for London. Two vie with CalMac Irish Ferries and V.Ships competing with current provider for Scottish ferry business. New Sea Malta row erupts Dispute over valuation of Maltese Falcon dogs Grimaldi's purchase of shipping line. Eagle snatches Sparrow US bulk owner takes delivery of another ship from Greece's Elmira. FOE cutting losses But Fred Olsen's drilling and shipyard group still hampered by depreciation costs in second quarter. Brand new boxship battered Hapag-Lloyd's chartered 8,400-teu giant Savannah Express in collision with ferry at Southampton. Piracy attacks fall by 30% Despite decline in number of incidents anti-piracy body highlights growing threat in Somalia and Iraq. Wallem plugs Indonesian gap New agency will augment recent developments in Malaysia and China. Icap expands in US Interdealer broker is extending its entrance in the freight derivatives game to the US market. Swire signs up again Containership group, plus Tasman Orient Line subsidiary, strikes new deal to stay in Singapore. Aries gets Makassar Nasdaq containership and tanker newcomer exercises purchase option on second 2,917-teu boxship. Euronav collects Ceres trio Brussels-listed owner completes third phase of staggered takeover of Ceres Hellenic's Tanklog fleet. MBC offloads handymax Kuok family-owned company to reap big profit after agreeing sale and charter back for Alam Selamat.

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JULY 20, 2005
American Commercial Lines plans IPO Russian Federation supports IMO initiatives Fire aboard Norasia ship Lufthansa Cargo gets green light to buy Swiss WorldCargo TAAG Angola Airlines orders six Boeing aircraft Congress extends Highway Bill two days Del Monte Foods signs logistics pact with Pacer unit Radiological controls included in energy bill U.K. government to approve P&O's London Gateway terminal Inbound box traffic up 5% in June at Los Angeles-Long Beach Bush to visit Port of Baltimore

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JULY 20, 2005
Canada takes to air with pollution patrols New aerial surveillance programme will target ship pollution in the Arctic. Crude slumps after earlier gains on US inventory update Crude futures slumped today, shedding earlier sharp gains supported by an increase in China's domestic fuel sales, after weekly US data showed that stocks of crude fell less than expected. US: Tight supply prompts another round of base oil price hikes Base oil producers in the United States (US) initiated a fresh round of price increases this week, kicked off, not surprisingly, by ExxonMobil. Emily closes Mexican ports, some delays in US Gulf Two Mexican ports closed until further notice, and precautionary measures taken in Corpus Christi. DOE & API at a glance: Latest US inventory figures Crude stocks seen down again while distillate inventories receive another boost. South Korea: HSFO exports expected to halve in August Maintenance programs and a switch to low sulphur crudes will see South Korean refiners slash their fuel oil exports by almost half. INTERTANKO calls for industry to embrace Poseidon Challenge INTERTANKO has called on all links in the global tanker industry chain to join the organisation in a mutual drive towards improved practices, and tells Bunkerworld about some of the issues it has with the bunker industry. Rotterdam steady late morning South Korea bunker prices remain soft South Korea's bunker fuel prices continue to fall. The bearish trend seen since last Thursday has been tracking recent movements in Singapore. Global drop in pirate attacks, IMB reports Pirate attacks globally have dropped 30% in the first six months of 2005 compared to the same period last year, but key hotspots like Indonesian and Somalian waters are still a major concern, IMB reports. Vopak confirms three more jetties at Singapore terminal Dutch oil storage company Royal Vopak said yesterday it will build three more jetties at Singapore's Sebarok terminal to cater to demands for faster cargo turnaround and increased volumes handled.