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Shipping News

Iranian line bullish, eyes 1m TEUs by end '04
IT's a newcomer in the container business, but the Islamic Republic of Iran Shipping Line is doing so well in its container trades that it is confident of hitting one million TEUs in boxes transported by this year.
Transponder system trial on smaller vessels successful
A six-month trial of Singapore's proposed harbour craft transponder system has been successfully completed using three test vessels, paving the way for final fine-tuning and eventual implementation.
Bunkering scam: DNV suspends 3 surveyors
DNV Petroleum Services in Singapore has suspended three subcontracted bunker quantity surveyors involved in a corruption probe.
NY ferry pilot pleads guilty to manslaughter
THE pilot of a Staten Island ferry that slammed into a concrete pier last year, killing 11 passengers, pleaded guilty to manslaughter on Wednesday, saying that medication he had taken caused him to lose consciousness while at the wheel.
Sunken ship spills oil waste off Riau
A Singapore-flagged vessel carrying 200 tonnes of oil waste which sank last week off Indonesia's Riau islands has begun to spill its cargo, threatening fishing grounds, according to Indonesian officials.
Into the shipping world with scholarships
CHENG Mei Feng and Yip Pei Wen , both 19, may well prove to school leavers here that a maritime career need not be unglamorous.

Air and Land Transport

Apply subsidy rules to Boeing suppliers: Airbus
EUROPEAN aircraft manufacturer Airbus SAS wants Japan to join talks between the United States and Europe about setting new limits on government subsidies for the industry.
US threatens to cap flights at O'Hare
Lifting of fare controls seen hurting MAS
Virgin orders 13 Airbus planes
US$808m terminal for JetBlue at JFK
LOG Book

Admiralty Casebook

Make electronic navigational charts must for high-speed craft: UK
THE UK's Marine Accident Investigation Branch wants the International Maritime Organisation to consider changing its High Speed Craft Code to require all high-speed craft to be fitted with electronic navigational instruments.

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Shipping News

Iranian line bullish, eyes 1m TEUs by end '04
IT's a newcomer in the container business, but the Islamic Republic of Iran Shipping Line is doing so well in its container trades that it is confident of hitting one million TEUs in boxes transported by this year.
Transponder system trial on smaller vessels successful
A six-month trial of Singapore's proposed harbour craft transponder system has been successfully completed using three test vessels, paving the way for final fine-tuning and eventual implementation.
Bunkering scam: DNV suspends 3 surveyors
DNV Petroleum Services in Singapore has suspended three subcontracted bunker quantity surveyors involved in a corruption probe.
NY ferry pilot pleads guilty to manslaughter
THE pilot of a Staten Island ferry that slammed into a concrete pier last year, killing 11 passengers, pleaded guilty to manslaughter on Wednesday, saying that medication he had taken caused him to lose consciousness while at the wheel.
Sunken ship spills oil waste off Riau
A Singapore-flagged vessel carrying 200 tonnes of oil waste which sank last week off Indonesia's Riau islands has begun to spill its cargo, threatening fishing grounds, according to Indonesian officials.
Into the shipping world with scholarships
CHENG Mei Feng and Yip Pei Wen , both 19, may well prove to school leavers here that a maritime career need not be unglamorous.

Air and Land Transport

Apply subsidy rules to Boeing suppliers: Airbus
EUROPEAN aircraft manufacturer Airbus SAS wants Japan to join talks between the United States and Europe about setting new limits on government subsidies for the industry.
US threatens to cap flights at O'Hare
Lifting of fare controls seen hurting MAS
Virgin orders 13 Airbus planes
US$808m terminal for JetBlue at JFK
LOG Book

Admiralty Casebook

Make electronic navigational charts must for high-speed craft: UK
THE UK's Marine Accident Investigation Branch wants the International Maritime Organisation to consider changing its High Speed Craft Code to require all high-speed craft to be fitted with electronic navigational instruments.

web site

Shipping News

Iranian line bullish, eyes 1m TEUs by end '04
IT's a newcomer in the container business, but the Islamic Republic of Iran Shipping Line is doing so well in its container trades that it is confident of hitting one million TEUs in boxes transported by this year.
Transponder system trial on smaller vessels successful
A six-month trial of Singapore's proposed harbour craft transponder system has been successfully completed using three test vessels, paving the way for final fine-tuning and eventual implementation.
Bunkering scam: DNV suspends 3 surveyors
DNV Petroleum Services in Singapore has suspended three subcontracted bunker quantity surveyors involved in a corruption probe.
NY ferry pilot pleads guilty to manslaughter
THE pilot of a Staten Island ferry that slammed into a concrete pier last year, killing 11 passengers, pleaded guilty to manslaughter on Wednesday, saying that medication he had taken caused him to lose consciousness while at the wheel.
Sunken ship spills oil waste off Riau
A Singapore-flagged vessel carrying 200 tonnes of oil waste which sank last week off Indonesia's Riau islands has begun to spill its cargo, threatening fishing grounds, according to Indonesian officials.
Into the shipping world with scholarships
CHENG Mei Feng and Yip Pei Wen , both 19, may well prove to school leavers here that a maritime career need not be unglamorous.

Air and Land Transport

Apply subsidy rules to Boeing suppliers: Airbus
EUROPEAN aircraft manufacturer Airbus SAS wants Japan to join talks between the United States and Europe about setting new limits on government subsidies for the industry.
US threatens to cap flights at O'Hare
Lifting of fare controls seen hurting MAS
Virgin orders 13 Airbus planes
US$808m terminal for JetBlue at JFK
LOG Book

Admiralty Casebook

Make electronic navigational charts must for high-speed craft: UK
THE UK's Marine Accident Investigation Branch wants the International Maritime Organisation to consider changing its High Speed Craft Code to require all high-speed craft to be fitted with electronic navigational instruments.

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HK ports should reduce charges to remain competitive: Cosco exec Tianjian first half throughput rises Rail freight grows in southwest china MSC hires and promotes personnel CMA CGM, MSC launch US west coast service Senior Senator Lines executive dies Norfolk Southern posts record earnings New airport, DHL hub provide logistics boost for PRD Athar Khan named AA's Asia MD China's airfreight industry identified for further development

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Shipping Ministry drafts new policy for Major Ports Dredging firms too want tonnage tax option MoS to seek Rs 500-cr. equity support for Sethusamudram project Freight sops likely for diesel, petrol in supply of remote areas Incessant deluge drives export despatches off roads APM Terminals-CONCOR plan to develop box terminal at JNP, among 46 proposals cleared Tractor manufacturers call for easier bank lending norms CBEC applies brake to unilateral action in EPCG cases BCHAA felicitates Lt Cmdr. R. Srinivasan on his appointment as Trustee on MbPT Board CBEC member shifted to settlement panel

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AUGUST 5, 2004
Trader leaves Peninsula Oil rebounds with Russian U-turn on Yukos Oil prices fell back sharply yesterday as a flurry of slightly bearish influences took crude oil prices momentarily off the boil, but rebounded today as the market outlook was fundamentally unchanged. World Fuels Services quarterly profits up by 26% Miami-based marine fuel broker and trader group results include Tramp Group for first time as year-on-year quarterly results show healthy profits. Three-week Israeli port strike ends Key ports Haifa, Ashdod and Eilat prepare to meet backlog of 72 ships, clearing the way for bunker activity to return to normal. Japanese numbers stable as demand dips Italian avails back on line - with exception of Genoa Hong Kong office move Latest data shows draw in Singapore fuel oil stocks PTP to gain from floating storage relocation Bunker sales in Malaysia's Port of Tanjung Pelepas (PTP) could surge with the relocation of floating storage vessel from off Johor. Singapore: More changes at Fratelli Cosulich Rotterdam little changed as crude rebounds Chemoil accuses Sri Lankan authorities of protectionism Just two weeks into their Sri Lankan operations, Chemoil and local partner run into problems in Colombo. New barging rates in Suriname

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AUGUST 5, 2004
Dnata launches new "Chameleon" cargo system Wooden packaging regulations implemented in Canada and Turkey Exel to scoop up Tibbett & Britten Systemplus gets new partners in Norway and Ireland Northwest Airlines announces new Detroit-Guangzhou service NOL receives surprising offer from Temasek Senator Lines announces death of Walter Mentzel

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AUGUST 5, 2004
Top level warnings on terror threat London "in danger of losing top position" Staten Island ferry skipper pleads guilty Pacific basin buys bulkers Liberia on Paris MoU White List MacAndrews in sub-continent move

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AUGUST 5, 2004
Alabama to build hopper dredge for Manson BC Ferries denies ferry order already placed in Poland American Salvage Association partners with C-PORT

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AUGUST 5, 2004
Greenbrier nets TTX order for 1,100 new double-stack wells New Mitsui car carrier comes with design improvements Port of Everett marina manager elected president of port association Panama Canal sees gains in third fiscal quarter metrics Port of Bellingham schedules GP land purchase open house

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Worldwide accord on 24-hour box rule SIXTY governments have agreed in principle to a new worldwide maritime security system designed to reduce the liner shipping industry's exposure to terrorist attack. QE2 terror threat was discounted by security forces BRITAIN'S transport security service was warned of a potential terror attack on Queen Elizabeth 2 in South African waters late last year, well before the current scare surrounding the vessel, a senior security source has claimed. Chan calls for Unclos changes to tighten safety net ANTI-piracy campaigner Alan Chan has called for the United Nations Convention on the Law of the Sea to be changed to include security as part of the battle to secure the world's sealanes, writes Marcus Hand. Carnival hit by 'abandon ship' hoax CRUISE giant Carnival has taken "strong measures" to ensure there is no repetition of last Saturday's incident on the Carnival Miracle in which a passenger managed to use the public address system to order the crew to abandon ship, writes Sandra Speares. Three surveyors under investigation for 'falsifying' bunker delivery records DESPITE a crackdown two years' ago, three bunker surveyors in Singapore are under investigation in a corruption probe, with one expected to appear in court today, writes Marcus Hand in Singapore.

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AUGUST 5, 2004
London cluster under threat LONDON'S position as the leading maritime services centre is under threat from overseas competition and cost pressures, according to a report published today Port of Spain nears crisis point BUSINESS associations in Trinidad warn that the situation in Port of Spain has now grown to a near-crisis level Curing the Trinidad bottleneck PORT of Spain's congestion woes could ease after the opening of a new pier in four to six weeks Fowl throughput for Rio TECON Rio Grande, Brazil's first privatised container terminal, more than doubled its reefer container throughput during the first half, with frozen chicken leading the trade Polish yard linked with BC Ferries AN un-named Polish shipyard is in the running to win an order for new ferries due to be placed shortly by BC Ferries Tsakos tanker rates robust TSAKOS Energy Navigation (TEN) forecasts a "rosy outlook for charter rates" that is "partially offset by higher costs" South Africa refutes terror reports CCT offers to refund storage charges Noumea chaos ends Jebel Ali cuts cement duties DNVPS suspends three surveyors Pacific Basin continues expansion Japanese majors shine in 1Q Drugs to blame for ferry tragedy Xiamen plans $1.5Bn expansion Chinese used-ship demand high

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AUGUST 5, 2004
Great Britain says no specific al Qaeda threat against shipping Britain contradicts Navy chief who earlier said intelligence uncovered plan by terrorists to attack merchant shipping targets. Port of LA conducts 'dirty bomb' terror drills WTO won't discuss textile quotas West Coast begins longshore hiring process GAO report urges AIS agreement Earnings jump for MOL, NYK, "K" Line WTO rules against EU sugar subsidies DHL opens Hong Kong hub Israeli port workers agree to end strike Singapore presses for tighter sea security DHL plans Guangzhou cargo center WTO pact could boost high-tech

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AUGUST 5, 2004
Carriers break ranks as WCSA rates soften Efforts to increase rates on the northbound leg of the West Coast South America-US trade by US$500/TEU are being undermined by renewed price-cutting by at least two lines. K Line triples its net income Pacific supplies face continued disruption Security charge adds to Santos shippers' costs Hanjin adds a Pacific and an Asia/Europe loop Long Beach breaks volume record again Stinnes trains end border formalities and up the tempo CP Ships delays Q2 results

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AUGUST 5, 2004
Aviva in $3m Mariner payout UK insurer covered cargo on ill-fated Odfjell-Seachem chemical tanker. Shinwa off to flying start Japanese tanker and bulker owner sees big jump in profits in first quarter. Mercator shells out again Indian owner set to spend $14m on 18-year-old Shell aframax. CP Ships postpone earnings release New accounting system reported to be behind group's decision to delay. Sale looms for Merwede IHC Caland draws up shortlist for disposal of shipbuilding subsidiary, as yard wins $100m-worth of new orders. Severnav wants more Romanian shipyard aims to double share capital to fund work on orderbook. Bharati Shipyard pulls in order Great Eastern signs for another two anchor-handlers at domestic yard. Alarm over ISM failures Paris MOU rings bells over safety management as major non-conformities jump 186%. Excel profit jumps Panayotides vehicle posts 338% rise in first-half profits on back of booming bulk markets. Israel port strike ends But talks continue as authority faces backlog of more than 70 ships. Grand jury keeps OSG lawyers busy A criminal investigation has cost OSG over $1m before charges have even been filed. MOL doubles its money Japanese giant plans to raise dividend after exceeding profit forecasts. BC dangles ferry carrot Canadian owner says domestic yards in running for new order after missing out on super C-class bonanza. Iino's earnings jump Japanese VLCC owner makes JPY 1bn in first quarter and expects to treble that over the full year. Daiichi makes great strides Japanese bulker and tanker owner on the way to its profit forecast after strong first quarter. Pacific Basin splashes IPO cash Newly listed Hong Kong bulker owner confirms it has bought a trio of young handysize bulkers. Hapag-Lloyd steams ahead German boxship and cruiseship line grows profit and revenue again as parent says there is no deadline for IPO. K Line makes strong start Japanese giant sees first quarter profits virtually triple on 12 months ago as shipping booms. Bumper quarter at Navigators US marine insurer sees 47% jump in results on profitable underwriting results and premium growth levels. Conrad's losses lessen Southern US shipbuilding group remains in the red in second quarter, but to a lesser degree. Algoma keeps busy Canadian tanker and bulker owner benefits from greater fleet utilisation in first half.

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AUGUST 5, 2004
Hanjin Shipping's operating income up 208% in second quarter COSCO upgrades capacity of Asia/West Coast service Panama Canal confirms growth of Asia/U.S. East Coast box traffic COSCO adds Asia/Europe loop Wallenius Wilhelmsen adds Panama/South America link CORRECTION: Mediterranean Shipping promotes Morgera DOT pushes for flight reductions at O'Hare Grode to head U.S. Customs agriculture inspections Portland loses New World Alliance service Corps concludes environmental study for Long Beach's Pier J Long Beach to test LNG-powered tractors

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AUGUST 5, 2004
Al-Qeada threat to merchant shipping Admiral Sir Alan West, First Sea Lord and Chief of the Naval Staff in the UK warns of terrorist threats ... Gearbulk posts record results Kristian Gerhard Jebsen Skipsrederi ' essentially Gearbulk based in the UK ' posts record profits before tax of USD 61.3 million (EUR ... "Tor Suecia" flies the Danish flag DFDS Tor Line has now changed flag on the first of the Italian-built ro-ro vessels. The first to ...