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26 September 2021 The on-line newspaper devoted to the world of transports 06:10 GMT+2

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The Business Timesweb site
APRIL 7, 2006
Shipping News
  • Competition body invites feedback on shipping plan
    THE newly formed Competition Commission of Singapore released details of its contentious anti-trust immunity for the liner shipping industry yesterday, kicking off three weeks of public consultation on its proposed exemption.
  • NTU launches scholarship for Masters programme
    THE Nanyang Technological University is launching a scholarship for its Masters in Science programme, bequeathed by Neptune Orient Lines in memory of its founding managing director, MJ Sayeed.
  • 29 Indonesians missing after boat capsizes
    TWENTY-nine Indonesians are missing and feared dead after a freight boat laden with cows capsized in heavy seas off Indonesia's West Timor last weekend, a survivor and official said yesterday.
Admiralty Casebook
  • Carrier faulted for not stowing cargo safely
    THE dangers of carrying calcium hypochlorite by sea was highlighted last month.
Port Shots
  • Port Shots
    NORWEGIAN shipping group Stolt-Nielsen posted yesterday a bigger-than-expected drop in first-quarter net earnings but said the fundamentals of its main business remained positive.

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Sched Netweb site
APRIL 7, 2006
  • MOL to launch Asia-East Africa service
  • Lines raise freight rates by US$200 per TEU this month
  • MOL Initiative towed to Japanese port following fire
  • AP Moller Maersk vows to honour existing PONL port contracts
  • Panama Canal to be widened at a cost of US$7.5b
  • HPH signs co-operation contract with Huizhou port
  • NYK sets up new logistics unit
  • Evergreen offers special web site services for China, HK markets
  • Air India, Indian Airlines to merge
  • World Air Holdings to launch share repurchase scheme
  • Delta begins welcoming Song's 757 fleet into mainline system

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Exim Indiaweb site
APRIL 7, 2006
  • CSCL vessel makes inaugural call at Nhava Sheva under AMA service
  • Evergreen honoured for corporate social responsibility
  • TSA members hike fuel surcharge; switch to monthly levy adjustments
  • A.P. Moller-Maersk newbuilding named Georg Maersk
  • Forex reserves swell by $ 2.5 bn
  • SEZ units can sell used garments in DTA sans licence
  • 2005-06 figures may reveal textile exports touching $ 15 bn
  • S. Africa orders wool products worth Rs 15 cr.
  • Vegetable oil base import tariff cut
  • Extremadura of Spain invites investors, signs MoU with IMC
  • Bhagwati stays President of IVCCI, Rangaraj elected Vice-President
  • First IAPH mid-term board meeting in India
  • JNP continues to set new benchmarks & operational standards
  • Baalu to inaugurate IAPH board meeting
  • Kandla Port achieves record 10.5 pc growth in throughput during 2005-06
  • Major Ports post 10.3 pc growth in cargo handling in 2005-06
  • Mormugao Port's MOHP establishes 8 new records in 2005-06
  • Markfed launches warehousing facilities for wheat
  • WIS to build multi-utility vessel for Adani Group

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International Transport Journalweb site
APRIL 6, 2006
  • Portek and Messina forge alliance on port services
  • Seur increased revenues in 2005

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Maritime Global Netweb site
APRIL 6, 2006
  • IMO head speaks out on Bahrain tragedy
  • IRI president calls for multilateral approach
  • ITIC warns on territorial exclusions
  • New bid to "kill Cape Cod wind project"
  • Canada gives IMO US$431,000 for security work

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Marine Logweb site
APRIL 6, 2006
  • Washington State Ferries plans major expansion
  • Aker Kvaerner to supply SSP drilling package
  • Donjon-SMIT opens office in Alexandria

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World Wide Shipperweb site
APRIL 6, 2006
  • Twenty-two Chinese nationals smuggled into Seattle in container
  • Port of Seattle nets EPA honor for clean air excellence
  • Coast Guard honors men for life jacket giveaway
  • Shipping lines working together brings increase in ship calls to Everett
  • Canada sends grant funds to IMO security program

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Lloyd's Listweb site
APRIL 7, 2006
  • Lloyd's weathers worst of hurricanes
    LLOYD'S has won praise from industry experts for keeping its overall loss to a relatively small £103m ($180m) last year despite a record net £3.3bn of hurricane claims. With another severe Atlantic storm season predicted.
  • Weber and Compass forge Greek link
    TWO leading US shipbroking houses, Charles R Weber Co and Compass Maritime Services, have joined forces to launch a new shipbrokerage in Greece.
  • Omega IPO targets dual listing
    LATEST Greek public flotation candidate Omega Navigation Enterprises has filed a prospectus in Singapore as well as in the US for its proposed $220m initial offering to fund the purchase of several tankers, writes Nigel Lowry in Athens.
  • Takeover talk helps lift Global Oceanic Carriers' share price by 18%
    Global Oceanic Carriers, the dry bulk shipping company which has taken a beating on London's Alternative Investment Market, could become the target of a takeover bid, writes Tony Gray.
  • Newcomer S5 scoops Qatar LNG agency deal
    GLOBAL ship agency newcomer S5 Agency World has beaten off stiff competition from established rivals to land a prestigious contract supporting Qatar's fast-growing liquefied natural gas trade.

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Fairplayweb site
APRIL 6, 2006
  • Stolt counts legal costs
    STOLT-Nielsen was hit by $9M in legal expenses during its first quarter after revealing an additional $13.8M charge to Q405 results earlier this week, primarily stemming from anti-trust provisions
  • Asry to benefit from slipways
    BAHRAIN-based Arab Shipbuilding and Repair Yard (Asry) is to add two more slipways to boost the efficiency of region's leading ship repairing facility
  • IRI head urges 'concerted action'
    INCREASING pressure on shipowners "can only be solved by a concerted multilateral effort by the whole industry,' said Bill Gallagher, president of IRI
  • MARAD pushes short sea
    A WEBSITE to promote short sea shipping has been launched by the US Maritime Administration
  • PNSC to add three more vessels
    PAKISTAN national flag carrier PNSC is to acquire three second-hand vessels, including two more tankers, as part of its fleet expansion plan
  • NITC thrives on oil products trade
    THE National Iranian Tanker Co (NITC) has earned $1Bn in the country's old products trade during the last financial year, which closed on 20 March
  • Shipbuilding grows in Qidong
  • India sets up new US service
  • Phils shipping pioneer dies
  • Ocean Carriers cleared for Oslo trading
  • Anti-trust cloud over Color Line
  • Caribbean drill concludes with high marks
  • Seattle stowaways raise security fears
  • Record fine ordered against record polluter

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The Journal of Commerceweb site
APRIL 6, 2006
  • Delays for some Panama Canal vessels
    Unusually high number of arriving vessels delays waterway transit by five days for ships without reservations.
  • Ports cheer legislation to increase security funding
  • Va. terminal plan moves ahead
  • Matson weathers Hawaii rains
  • CMA CGM revenue to rise 25%
  • Maersk to honor P&O Nedlloyd's deal with PSA
  • UPS China revenue grew 50%
  • China airline to open Boston freighter service
  • NYK Logistics Americas completes brand consolidation
  • Harrington to regional manager of Columbia Group

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Containerisation Internationalweb site
APRIL 6, 2006
  • Saadé warns on consolidation, calling for diversity
    Consolidation is a danger for both small and large-scale shipping lines, and some balance must also be maintained between European and Asian ownership, CMA CGM's Jacques Saadé suggested yesterday.
  • NOL mulls vessel sale and leaseback deal
    APL's parent, Neptune Orient Lines, is looking at the possibility of selling then leasing back its fleet through a listed shipping investment trust.
  • Duisport sees containers Staake up to new record
  • Pakistan opens up Indian Ocean access to China
  • Riga's BCT to lose second intra-European service in four months
  • Geest reorganise Baltic services on new hubs
  • Halifax terminal orders super-post panamax cranes
  • South China's Nansha aims to double throughput
  • Indonesia's importers boycott Australian products
  • Delmas president to head Armateurs de France

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TradeWindsweb site
APRIL 6, 2006
  • Stolt share sags
    Investors punished chemical tanker major Stolt-Nielsen today for weaker than expected earnings and a still-clouded legal horizon.
  • A new strategy for a new company
    Growth is the name of the game after today's dividend halt, says Top Tankers chief.
  • Wilson buys again
    Wilson of Norway shows appetite for tonnage with purchase of Icelandic outfit Nesskip.
  • US out of North Korea now!
    The US Treasury Department is giving US shipowners 30 days to shed the North Korean flag.
  • Vinnen signs with ITF
    German owner agrees to union deal after 24-hour Bremerhaven boycott of containership.
  • Norden sale ups profit forecast
    Quick profit on bulker sale sees Norden push earnings forecast up for 2006.
  • Maersk Line launches IA2
    Danish boxship giant links Thailand and Japan with new intra-Asia service.
  • Top shares wobble
    After initial firmness, stock slides on tanker owner's decision to cease regular dividends.
  • Tanker explodes at Kaliningrad
    Blaze extinguished after seven hours on products carrier at Yantar shipyard, but one man critical and fuel has leaked.
  • Lawsuit No. 8 for SeaCon
    Raft of 'ambulance chasers' emerges to hunt troubled UK ferry and rail outfit.
  • Change of control for GO?
    Greek bulker owner considering takeover offers as it secures another charter deal.
  • Dalian to list in Hong Kong?
    Hong Kong proves a popular port of call for Chinese companies looking to list.
  • Japan concerned by piracy
    Indonesia appears on the piracy radar again with an attack on a Japanese bulker.
  • Tallink begins new Baltic route
    Estonian ferry operator launches Fantaasia between Riga and Stockholm.
  • Wilson nets another
    Norwegian owner Wilson has forked out EUR 3.25m for a bulker from Hanseatic of Germany.
  • Norbye on the move
    Bergshav CFO makes new career move with appointment at Fredriksen baby, Deep Sea Supply.
  • NOL mulls sale-leaseback
    World's sixth-largest boxship line may sell all to free up cash flow through Singaporean investment trust.
  • Trio for Anders Utkilens
    Norwegian owner starts fleet renewal with three chemical tanker newbuildings in Italy.
  • Volstad back at Aker
    Norwegian owner orders third supply ship at Aker Brattvaag for 2008 delivery.
  • Mowinckels nets Esso charter
    Mowinckels Rederi of Norway secures employment for a tanker newbuilding with oil major Esso.
  • Singh gets two months
    Chief engineer of 2,394-teu MSC Elena (built 1994) sentenced over illegal dumping of oily sludge.

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American Shipperweb site
APRIL 6, 2006
  • CMA CGM's 2005 profits up 13%
  • CMA CGM to start own Asia to India, Middle East loop
  • OFAC prohibits U.S. ties to North Korean-flagged vessels
  • Air India-Indian Airlines merger gets go-ahead
  • Volga-Dnepr Group's revenue up 54%
  • BA's cargo up 3.5% in March
  • United's March cargo volumes up 1.7%
  • Triton Container up for sale
  • China logistics market blossoming, say trade experts
  • USTR promotes U.S.-Oman free trade on Capitol Hill
  • NYK establishes Logistics Integrator Group
  • Retailer Children's Place to use Management Dynamics
  • USDA on the trail of the snail
  • Aires modifies brand name
  • Manufacturers group wants more LNG terminals built
  • Grindrod buys into Port of Maputo

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The Scandinavian Shipping Gazetteweb site
APRIL 6, 2006
  • Sharp increase in container volumes when Samskip chooses Helsingborg
    Icelandic Samskip has decided to make Helsingborg the hub for its Scandinavia services. This could lead to a 60 per ...
  • Utkilen orders three chemical tankers
    Bergen-based Anders Utkilens Rederi has ordered three 9,500 DWT chemical tankers at the Cantiere Navale De Poli yard in ...
  • Review of Norway's maritime fee system
    The Norwegian Coastal Administration (Kystverket) has begun a survey of all of Norway's maritime dues and fees with the view ...

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The Bunker Bulletinweb site
APRIL 6, 2006
  • EPA rewards Port of Los Angeles
    Port recipient of award for cold ironing project, planning new terminal.
  • Quality and availability main concerns for Asian shipping
    BP Marine event highlights quality and availability of low sulphur products as major concerns, while lubricant issues are also high on agenda.
  • Chemoil unveils plans for public offering
    IPO plans announced at ARACON2006 as the next logical step for international marine fuel supplier as it celebrates 25 years
  • Scrubber development beats regulations in environmental stakes
    MES President Peter Toombs tells Bunkerworld its scrubber provides SOx emission reductions exceeding SECA demands, and looks promising in meeting future regulations.
  • Rotterdam market firm at midday
  • Singapore: Middle distillate stocks at 19-week high
    Both onshore stocks of residual fuels and middle distillates rose in the week ended April 5.
  • Singapore: Oil trading hub faces competition
    Refinery developments in the Asian region poised to undercut activities in Singapore's oil trading market.
  • Hong Kong: MGO prices nearing $600 pmt
    MGO prices expected to firm further while supplies of 380 cst under slight squeeze.
  • Crude prices rise, US stockpiles fall
    Drop in US stockpiles of gasoline and distillates; OPEC March output lowest this year.

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