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Shipping News

Marine industry fights manpower woes with 2-pronged strategy
SINGAPORE's resilient marine industry yesterday unveiled a two-pronged strategy to solve its manpower woes, enlisting government help to assess and boost workforce skills, and forking out its own cash for a much-needed image overhaul to attract labour.
Hutchison ex-exec to head PSA China arm: reports
THE ranks of ex-Hutchison employees now working here is about to be bolstered once again with PSA Corporation reportedly embracing another Hong Kong executive into its fold.
SuperStar Gemini to be based in S'pore
STAR Cruises will relocate its SuperStar Gemini liner from its home port of Hong Kong to Singapore tomorrow for the rest of the year.
China Shipping Dev's 9-month profit up 83%
CHINA Shipping Development Co Ltd, China's second-largest shipping company, said that its nine-month net profit surged by 83 per cent from the previous year and it expects full-year earnings to grow by more than 50 per cent partly due to strong domestic transport growth.
Samsung Heavy wins US$1b order
SAMSUNG Heavy Industries, the world's third-largest shipbuilder, said it won orders from BG Group and Ras Laffan Liquefied Natural Gas Co of Qatar for liquefied natural gas ships worth US$1.38 billion.
Korean president visits PSA terminal
KOREAN President Roh Moo-hyun paid a visit to PSA Corporation's Brani Container Terminal yesterday while in Singapore for a three-day state visit aimed at bolstering growing economic and political links.

Air and Land Transport

NZ antitrust regulator blocks Qantas-Air NZ tie-up
QANTAS Airways' proposal to spend NZ$550 million for a stake in Air New Zealand was blocked by New Zealand's antitrust regulator, which said an alliance would reduce competition.
Cost cuts help KLM beat profit expectations
AMR barely makes a profit in peak season
Emirates set to take delivery of first longhaul Airbus
India opening up int'l routes to private domestic airlines
Green light for planes to fly closer together over US

Admiralty Casebook

Shipbroker's action in rem struck out
A BROKER that acted as a shipbuilder's marketing agent could not later arrest the vessel it had sold as security in a claim against the builder for the non-payment of its commission, a Canadian court has ruled.

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Shipping News

Marine industry fights manpower woes with 2-pronged strategy
SINGAPORE's resilient marine industry yesterday unveiled a two-pronged strategy to solve its manpower woes, enlisting government help to assess and boost workforce skills, and forking out its own cash for a much-needed image overhaul to attract labour.
Hutchison ex-exec to head PSA China arm: reports
THE ranks of ex-Hutchison employees now working here is about to be bolstered once again with PSA Corporation reportedly embracing another Hong Kong executive into its fold.
SuperStar Gemini to be based in S'pore
STAR Cruises will relocate its SuperStar Gemini liner from its home port of Hong Kong to Singapore tomorrow for the rest of the year.
China Shipping Dev's 9-month profit up 83%
CHINA Shipping Development Co Ltd, China's second-largest shipping company, said that its nine-month net profit surged by 83 per cent from the previous year and it expects full-year earnings to grow by more than 50 per cent partly due to strong domestic transport growth.
Samsung Heavy wins US$1b order
SAMSUNG Heavy Industries, the world's third-largest shipbuilder, said it won orders from BG Group and Ras Laffan Liquefied Natural Gas Co of Qatar for liquefied natural gas ships worth US$1.38 billion.
Korean president visits PSA terminal
KOREAN President Roh Moo-hyun paid a visit to PSA Corporation's Brani Container Terminal yesterday while in Singapore for a three-day state visit aimed at bolstering growing economic and political links.

Air and Land Transport

NZ antitrust regulator blocks Qantas-Air NZ tie-up
QANTAS Airways' proposal to spend NZ$550 million for a stake in Air New Zealand was blocked by New Zealand's antitrust regulator, which said an alliance would reduce competition.
Cost cuts help KLM beat profit expectations
AMR barely makes a profit in peak season
Emirates set to take delivery of first longhaul Airbus
India opening up int'l routes to private domestic airlines
Green light for planes to fly closer together over US

Admiralty Casebook

Shipbroker's action in rem struck out
A BROKER that acted as a shipbuilder's marketing agent could not later arrest the vessel it had sold as security in a claim against the builder for the non-payment of its commission, a Canadian court has ruled.

web site

Shipping News

Marine industry fights manpower woes with 2-pronged strategy
SINGAPORE's resilient marine industry yesterday unveiled a two-pronged strategy to solve its manpower woes, enlisting government help to assess and boost workforce skills, and forking out its own cash for a much-needed image overhaul to attract labour.
Hutchison ex-exec to head PSA China arm: reports
THE ranks of ex-Hutchison employees now working here is about to be bolstered once again with PSA Corporation reportedly embracing another Hong Kong executive into its fold.
SuperStar Gemini to be based in S'pore
STAR Cruises will relocate its SuperStar Gemini liner from its home port of Hong Kong to Singapore tomorrow for the rest of the year.
China Shipping Dev's 9-month profit up 83%
CHINA Shipping Development Co Ltd, China's second-largest shipping company, said that its nine-month net profit surged by 83 per cent from the previous year and it expects full-year earnings to grow by more than 50 per cent partly due to strong domestic transport growth.
Samsung Heavy wins US$1b order
SAMSUNG Heavy Industries, the world's third-largest shipbuilder, said it won orders from BG Group and Ras Laffan Liquefied Natural Gas Co of Qatar for liquefied natural gas ships worth US$1.38 billion.
Korean president visits PSA terminal
KOREAN President Roh Moo-hyun paid a visit to PSA Corporation's Brani Container Terminal yesterday while in Singapore for a three-day state visit aimed at bolstering growing economic and political links.

Air and Land Transport

NZ antitrust regulator blocks Qantas-Air NZ tie-up
QANTAS Airways' proposal to spend NZ$550 million for a stake in Air New Zealand was blocked by New Zealand's antitrust regulator, which said an alliance would reduce competition.
Cost cuts help KLM beat profit expectations
AMR barely makes a profit in peak season
Emirates set to take delivery of first longhaul Airbus
India opening up int'l routes to private domestic airlines
Green light for planes to fly closer together over US

Admiralty Casebook

Shipbroker's action in rem struck out
A BROKER that acted as a shipbuilder's marketing agent could not later arrest the vessel it had sold as security in a claim against the builder for the non-payment of its commission, a Canadian court has ruled.

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China Merchants sights land for SCT III Telstra gets digital certification approval Chinatrans opens four mainland branches Seven day link between Vietnam and Australia on the cards Aeroflot gets first Airbus A320 Qantas seeking alliance talks with Air NZ Logan first to test US air cargo screening

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Evergreen joins hands with Simatech in service linking Asia, India & Gulf J. M. Baxi & Co. handles massive reactors at Kandla Port Govt committed to developing cruise industry, affirms Shatrughan Sinha China imports huge volume of indian soyameal Iron ore for exports loaded at Haldia Sugar exports remain dull on eve of Diwali Coir sector likely to import fibre from South-East Asia ChPT team to study car terminal features at Ulsan Rlys records significant growth in freight loading Falling dollar, strong stock market helped economic growth, says PM's aide Tata study projects spectacular increase in technical textiles market size Chinese steel makers keen to import Indian iron ore Koreans seek IMC advice on investment avenues in city Assam likely to host first-ever international tea meet

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OCTOBER 23, 2003
Gulf Coast pricing stirs demand Durban: Bunkering by barge terminated at Bluff terminals Safety concerns are behind a decision to terminate bunkering by barge at Durban's Bluff Coaling Appliances (BCAs) 3 and 4. Bunkering is possible both by barge and by pipeline in the port of Durban, but not all berths are equipped with pipelines for bunkers, including Bluff, where all bunkering has been done by barge. Istanbul bunkering hit by storm again Soft ARA region sees good demand today Bearish outlook for ballooning Singapore fuel oil stocks There seems to be no immediate outlet for ballooning stocks of fuel oil in Singapore, with weekly data once again showing a rise in on-shore stocks of residual fuels. Chinese cargo buyers appear to be fulfilling most of their imports from sources other than Singapore. Barge premiums still supporting Japanese bunkers Runs between refineries and power stations are still depriving the Japanese bunker market of barge avails. Uncertainty and imminent strike see Italian demand drop off Singapore ends week on a bearish note Today saw cargo prices fall on a mix of softer crude and bearish inventory data, which also caused bunker prices to fall. Rotterdam barge congestion builds

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OCTOBER 23, 2003
UPS posts profit surge in Q3, 2003 The Port of Basel: Low water reduces throughput British Airways and Swiss formally seal collaboration First quarter financial year 2004 results for Brunswick GA Pacer International names Mike Uremovich as Vice Chairman

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OCTOBER 23, 2003
Utkilen acquires ChemTrans majority Low freight rates for older tonnage puts pressure on Concordia Tax demand on Odfjell fines

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OCTOBER 23, 2003
Maritime Security Rules: What are the major changes? The DHS has summarized some of the major changes in Coast Guard's just-published final rules implementing MTSA and ISPS Ports to Ridge: "Where's the money?" AAPA seeks $400 million for FY '05 TSA port security grant program IMO Secretary General irked by EU tanker regs Unilateral action causes O'Neil "serious concern" and "disappointment" Todd Pacific makes ship repair appointment Dale E. Baugh named Director of Ship Repair Processes and Resource Development $23 million FMS award for Electric Boat Supports U.K. nuclear subs Another RFA order for Wartsila New gensets for Fort Austin

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OCTOBER 23, 2003
Port of Vancouver, BC sees decline in cruise numbers Port group calls for $400 million to meet new maritime security levels Commerce Department predicts rise in international visitors Corps' Reservior Control Center fights western Washington flooding Navy modifies sub pact with Electric Boat

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Russia rules out bilateral tanker talks with Brussels RUSSIA has curtly dismissed overtures from Brussels for "urgent" bilateral talks to ban single-hull tankers, while stressing its commitment to multilateral agreement through the International Maritime Organisation, writes Julian Bray. O'Neil goes to war on EU's single-hull ban WILLIAM O'Neil has come out fighting over Europe's controversial new single-hull tanker ban, with a stinging attack on the European Union's actions. European MEPs probe ship safety A POWERFUL committee to probe European maritime safety, with a sweeping remit from oil tankers to car carriers and enforcement, has been agreed by the European Parliament. Police investigate Odra master riddle DETECTIVES from the Metropolitan Police Specialist Crime Directorate in London are investigating the circumstances surrounding the disappearance of the master of the Polish-owned, Bahamas-flagged bulk carrier Odra. IOPC delegates resist Spain SPAIN met strong resistance from a number of delegations this week when it sought a payment on account from the International Oil Pollution Compensation Fund for Prestigeclaims.

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OCTOBER 23, 2003
Port delays prompt UN aid crisis SUBSTANTIAL delays to aid shipments have forced the United Nations World Food Programme to halve the amount of essential food rations to over two million Angolans Bengal Tiger pushes west BENGAL Tiger Lines, the Bay of Bengal-South India feeder operator, is to extend its operations to the country's west coast from mid-November Have your say! THIS week's Fairplay Cover Story looks at the shift towards ship crews being held hostage for pollution. What's to be done? Have your say! Teekay leaps in third quarter TEEKAY Shipping saw third quarter net income leap to $20.3M after charges related to the sale of five vessels, compared to $643,000 in the same period last year Cruise Seattle takes on Vancouver THE end of this year's cruise season in the Pacific North-West has seen the US port of Seattle emerge from the shadow cast by its Canadian neighbour Vancouver Political wrangle endangers project PLANS to build a container terminal at Subic freeport in the Philippines have been shaken by a dispute over where construction should take place India calls for Karachi ferry Nigerian smuggling: 15th detention Singapore goes for early compliance ChevronTexaco may rescue oil plan Caribbean pax tax talks go on Russia unfazed by EC tanker ban

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OCTOBER 23, 2003
Loy named to Homeland Security The White House nominated James Loy, head of the embattled Transportation Security Administration, as the top deputy to Homeland Security Secretary Tom Ridge. Canada port foremen talks hit snag Union accuses employers of reneging on terms of tentative pact. Fuel costs burn Union Pacific net Third-quarter profit fell to $317 million from $437 million a year earlier as increased expenses ate into record freight revenues. Carriers reaffirm opposition to Europe anti-trust repeal British Airways in Euro air link with DHL Profit tumbles at International Shipholding Swiss, Polar reach freighter deal KLM cargo earnings fall Evergreen launches new Middle East service Israel union sets Nov. 3 strike date Feeder operators tap booming India region Karachi boxes up 3 percent Arbitrator to decide Kansas City Southern-TMM dispute Lufthansa launches customer-direct services

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OCTOBER 23, 2003
No evidence for rate instability says ELAA Opponents of the conference system have not produced a single piece of factual evidence to show that it does not induce rate stability liner shipping's representatives said today. CP drops Contship brand and farms out husbandry Despite a market-leading position, the Contship Containerlines brand will be dropped from the ECNA/Australia-NZ route by parent CP Ships. Indian East Coast feeder leader heads west Halifax port stages container comeback Launch of Rostock landbridge to give Baltic cargo a boost EMC and Simatech launch Asia/Middle East service Straddle accidents hamper Patrick's terminal operations Terrorist attack on container industry an 'accident waiting to happen' says Rand report Conference reduces discounts in S.Korea-Japan trade Safmarine's office-opening strategy reaches the DR of Congo

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OCTOBER 23, 2003
New York threatens job of ferry captain Officials outraged by his silence after crash. IMO slams EU tanker ban Outgoing chief Bill O'Neil "particularly disturbed" about unilateral action. Tidewater confirms disappointing quarter Profits down on weakness in US Gulf and abroad. Kirby profits trail revenues Barge rates didn't match higher costs of bigger fleet in third quarter. ISC stumbles for quarter One-time loss dampens stronger nine-month showing. LNG trouble hits Hoegh Results blown off course by gearbox and residue problems with the Galleon and Gandria. TransCanada and WaveSpec jump into CNG Braemar Seascope consultants develop compressed natural gas system. Christmas at home for Odfjell chief Bjorn Sjaastad's jail time deferred to New Year after court told wife seriously ill. Teekay income rockets Massive fleet injection and hot rates boosts returns. STX to stocklist Shipbuilder to be quoted on Korean Stock Exchange from Monday. East Med tanker spills oil at Greek port Pipes become detached during unloading operations but lost oil contained. Busan box port set for early return South Korea's largest container port could be restored to full operational status as early as March. General Maritime goes from red to black More ships and stronger spot charter rates help to turn things around at major tanker player. Stealth adds to single-skin fleet Harry Vafias has been linked with the acquisition of MOL's Kasagisan Maru. SSA calls in Gurkhas to Umm Qasr US port operator beefs up security at Iraq's major deepwater port by bringing in private army.

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OCTOBER 23, 2003
Raymond: Horizon Lines free to go international next year Carriers allege European shippers' lack of evidence in EC conference review U.S. court accepts Odfjell's plea bargaining in market-fixing case CSX faces $108 million pre-tax cost to settle Sea-Land sale dispute Safmarine opens offices in Congo Evergreen, Simatech start joint Southeast Asia/Indian Subcontinent and Gulf service Exceptional charges, rail problems trigger $103-million 3Q loss at CSX CN's net income up 10% C.H. Robinson posts double-digit earnings growth Abidjan rail link to Burkina Faso resumed after civil war Canadian National to acquire bulk carrier Census issues advance notice for mandatory AES filing Weber opens D.C., new transportation head office in California Top Ridge aide resigns NIT League names Gilanshah VP of finance and administration