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Shipping News

PSA among key players in new Dalian project
PSA Group confirmed yesterday it is one of four major industry partners who will jointly develop the US$600 million second phase of the Dalian Container Terminal.
NOL makes team changes
THE NOL Group announced a series of key appointments and other changes in its continuing efforts to streamline its operations and enhance manpower utilisation.
Black consortium starts S Africa line
A black-owned consortium has launched South Africa's second shipping line, hoping to win business from firms that, under a government empowerment scheme, must work more with black-owned companies.
FREIGHT RATES
OIL tanker rates for shipping crude from the Middle East rose to more than a 15-week high as the Organisation of Petroleum Exporting Countries increased production, boosting demand for vessels in the Persian Gulf.

Air and Land Transport

India seeks lower price for aircraft purchases
INDIA's new left-leaning government said it wanted to complete this year multibillion-dollar deals to buy around 60 new aircraft for state carriers, but will try to negotiate a lower price.
Fuel-efficient 7E7 stands to benefit from oil price surge
A cool $1m for a flying ad
Computer failure hits UK airports
China Eastern in talks to expand fleet

Admiralty Casebook

M'sian carrier wins C$6m in damages from Canada govt
THE owners of a Malaysian-registered bulk carrier that was detained for over four months in Canada after a safety inspection have successfully sued the Canadian government for negligence, winning almost C$6 million in damages and interests.

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Shipping News

PSA among key players in new Dalian project
PSA Group confirmed yesterday it is one of four major industry partners who will jointly develop the US$600 million second phase of the Dalian Container Terminal.
NOL makes team changes
THE NOL Group announced a series of key appointments and other changes in its continuing efforts to streamline its operations and enhance manpower utilisation.
Black consortium starts S Africa line
A black-owned consortium has launched South Africa's second shipping line, hoping to win business from firms that, under a government empowerment scheme, must work more with black-owned companies.
FREIGHT RATES
OIL tanker rates for shipping crude from the Middle East rose to more than a 15-week high as the Organisation of Petroleum Exporting Countries increased production, boosting demand for vessels in the Persian Gulf.

Air and Land Transport

India seeks lower price for aircraft purchases
INDIA's new left-leaning government said it wanted to complete this year multibillion-dollar deals to buy around 60 new aircraft for state carriers, but will try to negotiate a lower price.
Fuel-efficient 7E7 stands to benefit from oil price surge
A cool $1m for a flying ad
Computer failure hits UK airports
China Eastern in talks to expand fleet

Admiralty Casebook

M'sian carrier wins C$6m in damages from Canada govt
THE owners of a Malaysian-registered bulk carrier that was detained for over four months in Canada after a safety inspection have successfully sued the Canadian government for negligence, winning almost C$6 million in damages and interests.

web site

Shipping News

PSA among key players in new Dalian project
PSA Group confirmed yesterday it is one of four major industry partners who will jointly develop the US$600 million second phase of the Dalian Container Terminal.
NOL makes team changes
THE NOL Group announced a series of key appointments and other changes in its continuing efforts to streamline its operations and enhance manpower utilisation.
Black consortium starts S Africa line
A black-owned consortium has launched South Africa's second shipping line, hoping to win business from firms that, under a government empowerment scheme, must work more with black-owned companies.
FREIGHT RATES
OIL tanker rates for shipping crude from the Middle East rose to more than a 15-week high as the Organisation of Petroleum Exporting Countries increased production, boosting demand for vessels in the Persian Gulf.

Air and Land Transport

India seeks lower price for aircraft purchases
INDIA's new left-leaning government said it wanted to complete this year multibillion-dollar deals to buy around 60 new aircraft for state carriers, but will try to negotiate a lower price.
Fuel-efficient 7E7 stands to benefit from oil price surge
A cool $1m for a flying ad
Computer failure hits UK airports
China Eastern in talks to expand fleet

Admiralty Casebook

M'sian carrier wins C$6m in damages from Canada govt
THE owners of a Malaysian-registered bulk carrier that was detained for over four months in Canada after a safety inspection have successfully sued the Canadian government for negligence, winning almost C$6 million in damages and interests.

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Bright future for Pearl River Delta region predicted Dalian to improve port services Cosco unit sets up new office Awards Shipping opens Shenzhen branch Rivers widened and linked for access to HK and Macau Sines container terminal in Portugal receives first vessel ANL expands services to US Air New Zealand to buy new planes Code share between China Southern Airlines, Korean Air New AAPA director general named

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LOTS Shipping embarks on major diversification plan Optimism on tea exports CII International draws up plan to boost trade with Bangladesh To Russia, with products Natural rubber exports up during April-Jan. 2003-04 Sherif & Sons handles first shipment of tobacco at VCT - ...to patronise VCT for future shipments too CONCOR's Noida office becomes operational Air New Zealand homing in on India Disinvestment Ministry divested - MoD metamorphoses into DoD CBEC instructs field officers on recovery proceedings Union Budget slated for July 5 Baalu to seek merger of Shipping, Roads & Highways Ministries Disinvestment wings clipped - FDI in airport projects restricted to 49 pc SMEM event in Dec. 2004 to open up new vistas for Indian maritime fraternity Online filing of excise returns from June 30

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JUNE 3, 2004
Singapore residual stocks near tank-top situation Crude prices ease after US stock build It remains to be seen if rising OPEC production will help boost US oil inventories in the coming weeks. US oil inventory figures show stock gains across the board OPEC compromise leads to 2m bpd quota increase OPEC hopes today's decision will help ease oil prices, but much depends on decline in huge 'terror premium'. Japanese demand good despite high numbers Booming Chinese economy boosts bunkering in Japan. Italy slips down on the back of retreating cargo Annex VI welcomed but IBIA warns of disruptive regional moves Long-awaited global ratification greeted warmly by bunker industry association but European timetable still an option for sulphur capping. Still no breakthrough in dispute over EU taxes Polish suppliers locked in discussions with Customs officials as EU excise tax dispute rumbles on. Rotterdam mid-morning snapshot Malaysian shipping alliance hikes bunker surcharge Surcharge rise mirrors climb in benchmark fuel oil prices. Volatile crude markets seek direction Despite closing down over $2 yesterday, crude futures have been making solid gains in after-hours trading.

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JUNE 3, 2004
Second Basel International Hazardous Goods Conference Wal-Mart extends RFID use EU plans to talk trade in Syria Dachser with a new partner in the Czech Republic Antwerp orbital motorway: traffic jam ahead Massive air disruption across UK MOL loads Japan's first exports of Shinkansen railcars for Taiwan Hangartner Terminal Srl names the board of directors and management

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JUNE 3, 2004
Bad week for piracy as two hostages taken AIS can be switched off if danger looms says IMO Central American ISPS problems Brostrom takes vessel stakes Anglo Eastern to use ShipServ TradeNet

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JUNE 3, 2004
Australia to convert commercial tanker to oiler Buys Korean-built newbuild from Tsakos

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JUNE 3, 2004
DOD holding competition for Corps' information services DHS taps Accenture for US-VISIT contract Port of Everett foreman retires following 30-year career CBP adding food shipments to prior notification list Tsakos sells new tanker to Australian Navy

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Car carrier calamity at Antwerp after blaze Salvors were negotiating last night with the Lebanese owners of Sea Trust , a car carrier that underwent a heavy list at Antwerp after a vehicle fire. Owners blast flag states for ISPS Code delays SHIPOWNERS have come out fighting ahead of the industry's July 1 security deadline, squarely blaming flag states for the worrying failure to certify the world fleet on time. Opec output rise boosts tankers TANKER markets look set fair for the rest of the year after the Organisation of Petroleum Exporting Countries agreed to raise production quotas by 2m barrels a day yesterday. OMI accuses Stelmar of hindering talks OMI has stepped up the pressure on bid target Stelmar Shipping, imposing a deadline of next Wednesday for the Greek tanker operator to enter talks with its US rival.

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JUNE 3, 2004
Norovirus hits Island Princess ABOUT 350 passengers and crew on board Princess Cruises' Island Princess were stricken with a Norovirus this week as the vessel cruised off south-east Alaska, the Carnival Corp subsidiary has confirmed. Jo Tankers restructures JO Tankers, the privately owned Norwegian chemical carrier group, will close two offices in the Far East and consolidate key operations in its headquarters in Bergen Upgrades for La Plata THE Port Authority of La Plata, Argentina has completed dredging the access channels and basins to 8.5m, and has announced new port enhancements Beef and Poultry ban extends rates ASIAN bans on US beef and poultry have compelled one group of carriers to extend its current contracts and defer planned rate hikes until after 30 November New cold storage at Rosario A NEW refrigerated warehouse - the port's first - was completed and opened last month at the Argentine River Plate port of Rosario PNSC's redundancy move falters REDUNDANCY efforts launched by Pakistan's national flag carrier PNSC have hit snags after a court ruling reinstated 300 out of 401 employees laid off three years ago It's a Vision thing for RCCL Russian crude exports increase Alang crisis as scrap price plunges High bails requested for pollution Gladstone coal capacity to rise Fishermen block traffic at Sète Emission standards to be tightened Posco move unsettles Korean owners Izar denies redundancy decision Tanker stocks rise on Saudi hopes

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JUNE 3, 2004
U.S. could bar non-ISPS ships New guidelines aimed at protecting U.S. from ships that called at ports not in compliance with UN security rules. Import bans stall meat rate hikes Lines that carry refrigerated meat to Asia hold rates pending lifting of foreign bans on imports of U.S. beef, poultry. Senate panel approves postal overhaul bill Record seen for U.S. agricultural exports Ports oppose proposed whale safety measures Hong Kong, Singapore near ISPS compliance Bridges to lead Port of Oakland OSHA to hold hearings on tandem box lifts China Shipping sees container rates rising 11-13% Customs announces Byrd Amendment payments U.S. to enforce food import security CSX World Terminals names Asia sales chief

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JUNE 3, 2004
Pacific lines extend reefer service contracts as Asian meat bans are maintained Uncertainty caused by meat and poultry bans has caused carriers operating on the westbound Pacific trades to extend reefer service contracts to the end of November. Malaysian shippers ask for government intervention on THCs Following a breakdown in negotiations between the Transpacific Stabilization Agreement (TSA) and Malaysian shippers, the latter are going to pressurise the government to enact legislation to solve the issue. Unions threaten action as Suape 'flouts' law Vessel charges too high TAMP tells JNPT Shenzhen throughput grows a significant 32% in first five months CP Rail announces fuel surcharge Inland cost savings prompts Maersk Mexican terminal switch Black empowerment firm takes share in MSC subsidiary NYK to substitute Rio port for Sepetiba US Customs set to enforce Bioterrorism Act China-Australia capacity flood gets underway South Africa's black empowerment groups set to enter shipping NZ could replace cabotage with coastal tax APL appoints new head of Sri Lanka operation

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JUNE 3, 2004
Stelios weighs in Founder urges Stelmar to respond to OMI offer, and warns bye-law change will erase stock gains. Stolt sells pipeline arm Division raises $40m as part of disposal of non-core assets. Royal Olympic misses deadline Cruise line asks for 15 more days to file 2003 results with SEC. Greek tanker held in Georgia Vassilios Shipping vessel, with two crew still onboard, accused of illegal cargo discharge in breakaway Abkhazia region in 2002. Svithoid raises newbuilding cash Swedish newcomer will issue shares to back tanker order in Russia. Bank buys into MMM HSBC builds a 10% stake in Malaysian tanker and bulker owner. Hanjin Heavy on the up Korean yard raises operating profit forecast by a fifth for this year as overseas orders pour in. ShipServ wins Anglo-Eastern deal Internet supply company bags contract for Hong Kong company's 140 managed vessels. New berth for top broker Stephen Hirst to be managing director of RFIB marine insurance business. Russia wants end to dire straits Conference urged to settle question of congested transit through Bosporus and Dardenelles. Malta Shipyards under threat Lack of first quarter profit puts jobs at risk at restructured shipbuilding and repair group. Ringbakken joins DNK Intertanko executive recruited to develop war risks mutual. Suez Canal revenue up in April Receipts from ships plying the strategic Middle Eastern waterway increased by 12% year-on-year. TEN seals tidy profit on resale Greek owner set to clear $9m on sale of Hyundai Mipo MR tanker newbuilding to Australian Navy. Thoresen seals Sanko bulker buy Thai bulker player expands to 45 ships with acquisition of Japanese owned handysize ship. Island Princess hit by bug Norovirus lays nearly 350 passengers and crew low on weeklong Princess Cruises trip to Alaska. IRISL slams agent Iranian line protests against Maltese company's claims it was treated unfairly. Wartsila gets technical Finnish ship engine group buys two Dutch electrical shiprepair outfits.

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JUNE 3, 2004
WTSA offer concession to beef, poultry exporters to Asia CP Ships gets Pacific slots on Maersk vessels Safmarine withdraws from U.S./Brazil trade Horizon starts online tool for hazardous good declarations Intercontainer-Interfrigo appoints new senior management Hundreds of companies eligible for antidumping compensation Enforcement of food security rules to tighten CSX World Terminals promotes Hoad

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JUNE 3, 2004
Swedish tonnage tax investigation delayed The Swedish ministry of finance has not yet initiated the promised investigation into a tonnage based tax system for Swedish ... Jo Tanker slims operation Jo Tanker - the chemical tanker owner/operator - is cutting around 30 staff and closing offices in Japan and Singapore and ... Fosen close to new contract Fosen Mekaniske Verksteder (FMV) is close to securing a ro-ro nwbuilding, according to FMV spokesman Reidar Gullesen. Talks with ...