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26 September 2021 The on-line newspaper devoted to the world of transports 05:12 GMT+2

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The Business Timesweb site
APRIL 10, 2006
Shipping News
  • UK to keep free trade policy on takeovers
    BRITAIN does not share US concerns about the threat to national security of foreign port ownership.
  • Overseas Shipholding has US$1.7b available for acquisitions: CEO
    CRUDE oil and petroleum shipping product company Overseas Shipholding Group Inc has US$1.7 billion available for acquisitions to become market leader in all its key business groups, the company's top executive said.
  • Oil tanker rates to Asia may hold at 9-mth low
    DECLINES in the cost of shipping crude oil from the Middle East to Asia on two million-barrel tankers may end this week as oil companies and traders finish bookings for April and wait for loading-dates for May cargoes.
  • Toll in Djibouti boat tragedy reaches 109

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Sched Netweb site
APRIL 10, 2006
  • Maersk inaugurates intra-Asia loop
  • CMA CGM chairman suggests setting up terminal fund
  • Suzhou-Shenzhen freight rail link starts rolling down the track
  • Kuehne + Nagel to manage warehousing for Hella in China
  • Mergers & acquisitions to continue among big players: report
  • UPS to provide express services for HK Disneyland
  • Dirk Wittkowski named Rickmers senior rep for China
  • Malaysian transport minister to propose open sky policy with China
  • Qantas enlists HAECO for aircraft maintenance work
  • Air Proxy appointed GSSA for Lufthansa Cargo in Latvia
  • UPS names North Asia boss

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Exim Indiaweb site
APRIL 10, 2006
  • CMA CGM to launch independent CIMEX service from July
  • Inland Vessels Act may be reviewed
  • Allcargo brings 'a moment of pride' to Indian logistics industry
  • DGS allows Indian-flagged ships to employ foreign officers
  • Shortage has serious safety implications, says expert
  • Customs levy on capital goods imports to continue
  • Oilmeals exports zoom by 223 pc in March
  • Customs clearance to become snappier with new risk management division at CBEC
  • 3-fold rise in export of man-made textiles possible-SRTEPC study
  • 'Focus' schemes right way to hit new target, feels Fieo
  • AIAI: It's progressive & pragmatic
  • Global overview of Indian port sector to be revealed at IAPH forum discussion on April 12
  • Paradip Port posts 10 pc rise in cargo throughput in 2005-06
  • ChPT bid to retain Hyundai's exports
  • Tuticorin Port logs 8.4 pc growth in cargo traffic in 2005-06
  • Chennai Port reaches new milestones
  • 2 pacts signed for Delhi, Mumbai airports modernisation
  • CONCOR (NWR) bids adieu to Mukul Jain, 2 others
  • Seminar on 'Doing Business with S. Africa' on April 12

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International Transport Journalweb site
APRIL 7, 2006
  • Bidding period for privatization of port of Izmir postponed
  • Finnair transports DGR cargo to China
  • World Bank supports road development in Sierra Leone
  • Ryder System increases earnings

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Maritime Global Netweb site
APRIL 7, 2006
  • Recent casualties "wake-up call for insurers"
  • Singapore proposes anti-trust immunity for liner shipping
  • New Ulstein bow design for large construction vessel
  • Camillo Eitzen closes Top Tankers suezmax deal

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Marine Logweb site
APRIL 7, 2006
  • Charters for two more Aker Philly tankers
  • UNB takes over Marseilles dry docks
  • Ulstein to build X-bow construction vessel
  • Aker Yards bags more OSV orders
  • Big wheel deal

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World Wide Shipperweb site
APRIL 7, 2006
  • Transportation Services Index down for third month in a row
  • Rail freight numbers all positive for week
  • Coast Guard Auxiliarist earns paddle craft Ok
  • WTSA members carriers moving to new surcharge scheme
  • Restraining order granted in computer hacking case

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Lloyd's Listweb site
APRIL 10, 2006
  • Brussels ring of steel for terror target ports
    BRUSSELS plans to identify ports across the European Union which are "critical" to the functioning of the European economy in order to provide them with extra protection from potential terrorist attacks.
  • Globus offers cash injection for GO Carriers
    GLOBUS Shipping, managed by Stelios Haji-Ioannou's former top aide George Karageorgiou, has emerged as one of the parties stalking undervalued London-listed dry bulk company Global Ocean Carriers.
  • CMA CGM's MacAndrews in talks with shortsea rival Kursiu Linija
    MACANDREWS, the shortsea subsidiary of French container shipping giant CMA CGM, is in talks with Lithuania's Kursiu Linija, the two sides confirmed late Friday, writes Janet Porter.
  • Recent casualties 'a wake-up call to marine underwriters'
    MARITIME risks across the spectrum have been highlighted by three of the most serious recent casualties, leaders of the International Union of Marine Insurance have warned.

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Fairplayweb site
APRIL 7, 2006
  • US river sector consolidates
    AMBASSADORS International will acquire the assets of hurricane-embattled Delta Queen Steamboat, creating a single dominant owner controlling the US riverboat sector
  • Omega prices below target
    MIXED-fleet operator Omega Navigation Enterprises has priced its IPO at $17/share, according to a prospectus filed with the Securities & Exchange Commission on 7 April
  • Part reprieve for Argentine beef exports
    BEHIND-the-scenes negotiations in Argentina have managed to secure an agreement between government and industry enabling a conditional resumption of beef exports
  • Bunker blaze at Kaliningrad
    THE self-propelled bunker barge Giovanna caught fire in Kaliningrad port on Wednesday evening, seriously injuring two crewmen and spilling an uncounted volume of fuel oil
  • Brazil smashes trade record
  • Hapag reinforces brand in India
  • North Star owners lose appeal
  • AAPA praise for extra port funding
  • ACCC clears conference
  • Lanka seeks Colombo-Karachi ferry link
  • Migrant Watch: Suspected smuggler killed
  • Liner exemption orders issued

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The Journal of Commerceweb site
APRIL 7, 2006
  • AFL-CIO: Wal-Mart blocking port security
    Labor federation accuses retail giant of putting profits before supply chain protection by lobbying against increased port security legislation.
  • Bill would block S.C. Ports from building box hub
  • U.S.-Korea trade deal could hasten Japan pact
  • Freight index falls again
  • Public listing for Dalian port
  • Sanborn to head DP World Americas division
  • UPS expands China air service to U.S., Europe
  • Transfer fee for Tropical Shipping
  • Hostile $15B bid for BAA
  • CSXI again moving So. Calif. trains via New Orleans
  • Seaspan adds 4,250-TEU ship

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Containerisation Internationalweb site
APRIL 7, 2006
  • False papers secure release of Maersk's Colombo boxes
    The fraudulent release of six 40ft containers in Colombo - without master documentation from carrier Maersk Line - has raised questions of documentation processes in the port.
  • Intra-European operators confirm Baltic co-operation discussion
    Intra-European operators Kursiu Linija and MacAndrews have confirmed discussing some kind of co-operation in the Baltic, where shortsea traffic has met fierce ro-ro and road competition, particularly since EU enlargement.
  • ACCC clears AELA over THCs
  • Singapore consults on retrospective ant-trust immunity
  • Post PAN, overseas carriers want cabotage clarification
  • Busan port throughput recovers in spring
  • San Antonio boss offers Mexican port as southern US gateway
  • Technical reasons hold back boxes on Estonian rail, but March volumes hit record
  • MOL Initiative reported under tow

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TradeWindsweb site
APRIL 7, 2006
  • Two for Tesoro
    Leading US refiner takes two of the 10 Jones Act newbuildings under construction at Aker Philadelphia for 2009 delivery, bringing charter total to six.
  • Downer
    Shipping's newest IPO company loses a buck in its first day on Nasdaq while turning over 33% of issued shares.
  • Greepeace cans bean cargo
    Greenpeace's McDonald's protest spills over as Cargill-chartered vessel is held up in the Port of Amsterdam.
  • Omega prices at $17
    Kassiotis-led products and bulker company floats 12m shares on Nasdaq exchange, yielding $204m gross but cutting four products newbuildings from original plans.
  • Greeks in GO Carriers raid
    Eolos owner George Fidakis bids to oust board of struggling bulk owner and force takeover plan.
  • WSF needs ships ' and cash
    US state ferry owner has to buy more vessels to meet growing demand, but funds are uncertain.
  • Sherwood named in lawsuits
    Sea Containers founder targeted in latest class action filings against stricken ferry operator.
  • Offshore supplies Labroy profit
    Offshore sector keeps Labroy Marine's yard busy but shipping division performs poorly in 2005.
  • Holland Maas boosts capacity
    Dutch boxship owner upgrades Med loop with bigger chartered ship.
  • Aker bags four more
    German KG (limited partnership) Nordcapital orders four supply vessels at Norway's Aker Yards.
  • More X-factor for Ulstein
    Island Offshore orders big construction vessel with Norwegian yard's new inverted bow design.
  • Tallink pockets $13m
    Estonian operator's fleet renewal programme continues apace with formal sale of Tallink AutoExpress.
  • Sanko Robust under tow
    Japanese owned open hatch bulk carrier under tow to Cyprus after grounding in Suez Canal.
  • ABG raising more funds
    Busy Indian shipyard to consider ways of bringing in more cash for expansion projects.
  • Omega price talk at $18
    Kasskotis-led products/bulker company nears pricing on Nasdaq exchange just below target range, stunning critics and offering hope for others.

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American Shipperweb site
APRIL 7, 2006
  • Geest to restructure Scandinavian, Baltic services
  • CargoSmart offers $2 shipment fee for its portal
  • Seaspan receives 4,250-TEU ship for charter to CP Ships
  • Rickmers-Linie names Wittkowski as its China representative
  • UPS expands China network to Europe, U.S
  • Boeing receives freighter conversion order
  • AFL-CIO faults Wal-Mart for undermining supply chain security
  • USDA upholds cargo preference in proposed "one-step" bid for food aid
  • Bush administration gives $1 million to WTO trade assistance
  • Longs building distribution facility in central California
  • Arpin appoints U.S. Navy's Dolan as VP of military services
  • Troy Container says staff has doubled
  • Panama Canal expansion to cost $7.5 billion
  • VPA's Craney Island development passes regulatory hurdle
  • South Carolina court backs port's eminent domain
  • Honolulu receives radiation detection machine
  • Sanborn to speak at New York maritime luncheon

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The Scandinavian Shipping Gazetteweb site
APRIL 7, 2006
  • Report on groundings and collisions in Øresund
    The maritime safety level in the Sound (Øresund) between Denmark and Sweden seems to be rather high. That is a ...
  • Politicians turn down Stigsnæs terminal
    The project with a huge container terminal on Stigsnæs in Great Belt does not have a chance in the political ...

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The Bunker Bulletinweb site
APRIL 7, 2006
  • Houston prices set to fall
    Suppliers expecting market to soften later in April, despite recent firming.
  • EU could take unilateral action on fuel quality
    Dutch NGO says EU legislators may take unilateral action on bunker fuel quality if the IMO does not agree to improve quality requirements.
  • Supplier welcomes new staff member as team expands
  • Voyage slowdown as high prices take toll
    One of the world's leading tanker owners has warned that high bunker prices are impinging upon vessel transit times as tankers slow down.
  • Shell to produce low sulphur bunkers in Rotterdam
    Shell Marine Products reveals plans to produce low sulphur marine fuel oil at the Pernis refinery.
  • South Korea: Bunker prices on upward trend
    380 cst prices are expected to hit $350 pmt while offers for small quantities of MGO were seen at $620 pmt.
  • Russian tanker up in flames
    Three explosions left a hole in the tanker, spilling fuel into the water.

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