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26 September 2021 The on-line newspaper devoted to the world of transports 04:45 GMT+2

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The Business Timesweb site
APRIL 20, 2006
Shipping News
  • TSA carriers running at over 90% capacity
    TRANSPACIFIC container shipping lines operating between Asia and the United States, including Neptune Orient Lines' APL liner division, say they are running at more than 90 per cent capacity, as they strive to fend off any slide in rates while tying up annual contract negotiations.
  • TUI to cut 2,000 jobs at recently acquired CP ships
    TUI, Europe's leading travel and tourism group, is to cut around 2,000 jobs at its recently acquired Canadian shipping firm, CP Ships, the head of TUI's Hapag-Lloyd shipping division, Michael Behrendt, said yesterday.
  • Varun Shipping plans US$250m fleet expansion
    VARUN Shipping Co, India's biggest carrier of liquefied petroleum gas, may spend as much as US$250 million this fiscal year to buy ships and upgrade vessels.
Port Shots
  • Port Shots
    TIANJIN Port Holdings, which owns and operates China's fifth-largest port, plans to begin preliminary marketing next week of a Hong Kong share sale worth US$130-US$150 million, a source familiar with the deal said on Tuesday.

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Sched Netweb site
APRIL 20, 2006
  • TSA: China-US shipments up 24pc in Jan, Feb
  • April GRI `encouraging', says report
  • Schindler extends logistics contract with K+N
  • Customs authority to implement integrated supervision in Yangshan
  • INTTRA's China-Korea business up 165pc
  • Lanzhou to build eight logistics parks and one logistics hub
  • HK air cargo volume up 10pc in March
  • Cargo carriers obtain fifth freedom rights at Pudong
  • Upgraded Kuching airport ready for business

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Exim Indiaweb site
APRIL 20, 2006
  • SCI raises $ 206.56 m to acquire 2 VLCCs
  • DCI plumbs the depths with floating pipeline
  • Jafza offers incentives to Indian investors, traders
  • Anti-dumping duty on Chinese saccharin recommended
  • China seeks free access to Indian market
  • Textile exports to US grow by 25 pc in Feb.
  • Mormugao Port Trust chief underlines need to augment cargo-handling capacity
  • Cruise-cum-box terminal stalled due to lack of road connectivity-Agarwal
  • Paradip Port aims at 13.3 pc growth in cargo traffic during 2006-07
  • SATS, Air India jointly awarded Bangalore cargo terminal contract
  • More warehousing, boxships & logistics parks in Gati's agenda
  • MoU for technology transfer with German Railways in offing
  • Costlier export credit will swell transaction costs, blunt competitiveness'Fieo
  • MoF holds back 165 BPO applications
  • SC order restricts scope of state levies on goods from outside
  • Benefits of SEZ Act highlighted at seminar
  • First phase of tariff reduction among Saarc members planned for July-Aug.
  • Kamal Nath envisages Asian Economic Community
  • Fieo (WR) to hold meeting with Cuban team

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International Transport Journalweb site
APRIL 20, 2006
  • Albertini appointed Parisi airfreight manager Italy
  • Rotterdam: transhipment drives growth in container throughput
  • Scottish success for Emirates SkyCargo
  • Netherlands: Betuwe line to be operated by ports and ProRail

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Maritime Global Netweb site
APRIL 19, 2006
  • Hapag-Lloyd plans job cuts
  • MOL and Hoegh in gas carrier JV
  • Emirates liner company launched
  • Hatsu launches Mexico service
  • Euronav's record Q1

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Marine Logweb site
APRIL 19, 2006
  • Fincantieri christens fast ferry
  • MAN B&W diesels for world's largest LNG ships

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World Wide Shipperweb site
APRIL 19, 2006
  • TSA member carriers see no end to Asia/US cargo growth
  • Kinder Morgan Energy Partners buys Texas/California terminal assets
  • Coast Guard Auxiliary honors two longtime members
  • Washington State Ferries schedules Colman Dock meetings
  • Port of Portland opens wetlands to rare limited Earth Day tour

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Lloyd's Listweb site
APRIL 20, 2006
  • Cash-rich OSG gears up for growth
    OVERSEAS Shipholding Group is seeking to double its authorised share capital to 120m shares as it marshals every resource at its disposal to nourish its ability to grow.
  • BHP Billiton plays green card as California LNG race hots up
    BHP Billiton has pledged to burn 'clean' natural gas to power vessels serving its proposed liquefied natural gas import project offshore California in a bid to cut harmful emissions.
  • CP Ships staff 'spurn' Hapag-Lloyd relocation offers
    HAPAG-Lloyd will begin advertising new head office jobs next week after apparently failing to persuade enough CP Ships staff to move to Germany, write Janet Porter and Katrin Berkenkopf in Hamburg.
  • US owners attack Sail Only if Scanned Bill
    SHIPOWNERS are stepping up pressure in Washington to stop a Bill calling for every US-bound container to be scanned from becoming law, writes Janet Porter.
  • Harland and Wolff in Olsen rig coup
    WITH Singaporean yards booked solid to 2009, Harland and Wolff Heavy Industries has landed contracts to participate in major upgrading work for two rigs owned by Fred Olsen Energy.

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Fairplayweb site
APRIL 19, 2006
  • Asia-Europe restoration 'a success'
    FREIGHT rates in the westbound Asia-Europe trade have now moved into positive territory again after massive price undercutting by carriers earlier this year, according to Adolf Adrion, chief executive of Hapag-Lloyd Container Line
  • Inadequate dredging hits Lakes trade
    GREAT Lakes vessels could carry more cargo on every trip if ports and channels were kept properly dredged, says the United States Lake Carriers Association
  • easyCruise goes by river to Amsterdam
    STELIOS Haji-Ioannou's easyCruise is to move into river cruising with a weekly itinerary between Brussels and Amsterdam this summer
  • SCI agrees $206M loans for VLCCs
    SHIPPING Corp of India told stock exchanges today that it had agreed loans worth $206M to cover two 319,000-dwt VLCCs under construction at Daewoo Shipbuilding
  • Pacific eastbound cargo growing
  • Expanding Varun posts record profit
  • Migrant Watch: US/Caribbean
  • Arpeni plans $130M fleet expansion
  • DPW may counter heavyweight Toll
  • Dalian IPO oversubscribed
  • Seven Mountain eyes shipbuilding
  • New rules drove order spree

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The Journal of Commerceweb site
APRIL 19, 2006
  • Union ends NY-NJ port protest
    Members of ILA maintenance local end walk-out over intermodal chassis inspections that snarled container handling at Maher, PNCT terminals.
  • WSC urges defeat of scan-all amendment
  • Hapag-Lloyd to cut 2,000 jobs
  • Truckers in So. California call for general strike
  • Seattle container volume falls
  • CN plans Memphis upgrade
  • Fuel prices will push Canada trucking costs higher
  • Seaspan revenues rise
  • CSX profit falls in Q1
  • New bulker for DryShips

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Containerisation Internationalweb site
APRIL 19, 2006
  • Beijing imposes port security charges on all Chinese ports
    China's Ministry of Communications has announced that new 'Port Facility Security Charges' will be added to the existing Rules on Port Levies (Applicable to International Trade) starting in June.
  • Audit to root out 'illegal port fees' says Jakarta
    Indonesia's Department of Transportation will audit its four oceangoing ports in a bid to find the 'illegal fees' that make Indonesian ports high cost, according to Transport Minister Hatta Radjasa.
  • Larger charter-market sectors power up
  • CSCL to launch a new service with eight 9,000TEU ships
  • Ultramar throws its hat into the ring for Pacific port concessions
  • Ukraine hints at possible change to ownership laws
  • Demand sends Oekombi Q1 volumes soaring
  • Launch of Emirates Shipping Line announced today

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TradeWindsweb site
APRIL 19, 2006
  • Fyhr-less
    The dean of shipping equity analysts is leaving US investment bank Jefferies.
  • Supersize me!
    Cargo-hungry Tallink of Estonia devours compatriot port operator HTG Invest in $1.38m tie-up.
  • Sovcomflot strong in 2005
    Russian shipowner closes books on year that featured improved revenue and profit from vessel operations.
  • DryShips takes 28th
    Economou promises 'largest' US-listed bulker owner will keep looking for further growth options.
  • NCL gets Pride back
    Norwegian Cruise Line (NCL) finally gets its hands on the Pride of Hawai'i after repairs were made to its propulsion system in Germany.
  • Nippon in, Fidelity out
    Investors react differently to recent softness in Sasebo Heavy Industries' share price.
  • Sohmen-Paos to float offshore unit
    BW Offshore the next to list on Oslo exchange, raising $300m for expansion.
  • Hapag-Lloyd in lay-off shock
    Two thousand jobs to go as burden of CP Ships' merger with Hapag-Lloyd takes its toll.
  • Varun muscles in
    India's Varun Shipping flexes its muscles in advance of Singapore listing with massive annual profit.
  • SCI wins VLCC funding
    Germany's KfW writes first ever loan to India as owner raises $205m.
  • Design deficiency
    Seaspan boss Gerry Wang explains reason for rudder cracks and says Samsung is footing the bill.
  • Euronav breaks out the bubbly
    Euronav of Belgium toasts "highest first-quarter result in history" as time charter equivalent (TCE) rates remain firm.
  • Hyundai Fortune unloads
    Fire ravaged Hyundai Merchant Marine containership arrives alongside in port of Salalah in Oman.

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American Shipperweb site
APRIL 19, 2006
  • Emirates Shipping Line open for business
  • Sudan asks U.S. Navy to help fight piracy
  • Wan Hai names 2,646-TEU vessel
  • CNF to become Con-way Inc.
  • CSX's posts record operating income, revenue
  • Bush nominates Portman to head OMB
  • Schindler continues agreement with Kuehne + Nagel
  • WestStart-CALSTART adds three to board of directors
  • Priel joins United Shipping network of forwarders/brokers
  • FMC reviews 11 OTI license applications
  • COSCO to buy extra 10% of Shanghai terminal joint venture
  • New China service for Port of Miami

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The Scandinavian Shipping Gazetteweb site
APRIL 19, 2006
  • Gotlandsbolaget warns for stagnation
    Rederi AB Gotland's new fast ferry has been named by Marieann Nilsson to "HSC Gotland II" at the Fincantieri Shipyard ...
  • "Galaxy" delivered to Tallink
    Aker Yards in Raumo has delivered the 48,300-GT passenger ferry "Galaxy" to Tallink. The vessel will replace "Romantika" on ...
  • Mols-Linien goes for more service on board
    Mols-Linien A/S has launched a new strategy in order to beat competition, mainly from the Great Belt Bridge ...

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The Bunker Bulletinweb site
APRIL 19, 2006
  • Vessels to run on natural gas as part of California LNG project
    BHP Billiton announcing emissions reduction plans and alternative fuels as part of its offshore gas platform project.
  • Shipowners, port oppose Texas ship engine fuel law
    Houston port authority and local shipowners bemoaning absence of cost-benefit analysis, fuel availability.
  • DOE & API: Weekly US oil inventory snapshot
    US oil inventory reports show sharp drops in stocks of gasoline, while crude inventories remain above average for the time of year despite draw.
  • Worlds biggest containership makes Rotterdam fuel stop
    The Cosco Ningbo making first fuel stop in Rotterdam during maiden voyage, same supplier to provide bunkers in Antwerp shortly.
  • Hoegh latest to install MariNOx' system
    System will monitor NOx and CO2 emissions on its 16,006 deadweight tonne (dwt) vehicle carrier Hual Tokyo.
  • Rotterdam: BP launches second double-hull lube barge
    The Vanora and Victoria are reputed to be the largest lube oil barges in the world, and are well-placed to cater to larger ships.
  • Hong Kong: Shortage of 180 cst persists
    Tight supplies expected to last until late April as most terminals are out of stock.
  • Malaysian firm seeks alternative site for fuel storage facility
    Company seeking a new site in Johor to build its fuel storage facility.

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