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PSA's Semco making waves in world long tow market
PSA Corp's marine services unit Semco is making a name for Singapore in the world markets for long tows and positioning of offshore installations.
Malaysia open to joint patrols in Malacca Strait
MALAYSIA may consider joint patrols with Indonesia and Singapore in the Malacca Strait, its navy chief said yesterday as experts warned the busy waterway was vulnerable to a terrorist attack.
US$3.6b Vietnam project to make world class transhipment port
AIMING to create a world class container transhipment port about the current size of Singapore's, the Vietnamese government has given the green light for the US$3.6 billion Van Phong port project midway up the country's eastern seaboard.

Strait Talk

Seafarer health key to cutting accidents
SOMEWHERE in the subconscious of most ship masters and mates lurks the dread of somebody on board developing acute appendicitis while the vessel is far from shore.

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Shipping News

PSA's Semco making waves in world long tow market
PSA Corp's marine services unit Semco is making a name for Singapore in the world markets for long tows and positioning of offshore installations.
Malaysia open to joint patrols in Malacca Strait
MALAYSIA may consider joint patrols with Indonesia and Singapore in the Malacca Strait, its navy chief said yesterday as experts warned the busy waterway was vulnerable to a terrorist attack.
US$3.6b Vietnam project to make world class transhipment port
AIMING to create a world class container transhipment port about the current size of Singapore's, the Vietnamese government has given the green light for the US$3.6 billion Van Phong port project midway up the country's eastern seaboard.

Strait Talk

Seafarer health key to cutting accidents
SOMEWHERE in the subconscious of most ship masters and mates lurks the dread of somebody on board developing acute appendicitis while the vessel is far from shore.

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UPS launches new operations centre in HK K+N profits surge, terminates deal with SembLog IHG awarded Class A licence New China express service launched by Wallenius Wilhelmsen Logistics parks in China ill-conceived, says mainland consultant Continental increases HK-Big Apple service China to lead global air cargo growth, says Boeing Lufthansa Cargo hikes fuel surcharge Airbus looks to China for co-operation Qantas disappointed by NZ court ruling

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OCTOBER 12, 2004
Supplier's law suit sinks fast ferry service Action of bunker supply company which filed a suit for $370,000 in unpaid fuel prompts suspension of fast ferry link. No let-up from unwelcome fundamentals in Panama Shipowners redirecting bunker calls to alternative ports as bleak supply situation looks likely to continue into November. European straight run fuel oil weak against crude Excess cracking from refiners running at full capacity to meet crude demand leaves oversupply of straight run fuel oil in Europe amid weak demand. South Korea little changed as Singapore rallies Bunker prices in South Korea were moderately higher Tuesday, leaving room for sharp gains on Wednesday to catch up with surging regional values. Singapore prices surge to record highs After lagging crude gains in recent days, fuel oil cargo values surged to hit all-time highs in Singapore today, with gas oil also showing hefty gains. Rotterdam fuel oil firm, distillates surge Lanka IOC to offer bunkers in Sri Lanka Lanka IOC has said it plans to offer bunkers in Colombo and Trincomalee within a year, with plans to transform Trincomalee into a bunkering hub shortly afterwards. November fuel oil arrivals in Asia seen at 1 million tonnes West to East fuel oil arrivals are seen at around one third of expected October arrivals as limited Chinese uptake leaves Singapore based traders reluctant to import more cargoes and the arbitrage window remains closed.

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Order management via the internet for Dekra EU Commission approves aid to restructure Italian freight market Gorthon Lines and B&N to merge RFG: Channel Tunnel rail freight volumes low Noise pollution fee at Budapest airport Record at Tanjung Pelepas EGSAC appoints new vice-president

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OCTOBER 12, 2004
Container barge feeder service to link NY/Nj and Bridgeport Washington State Ferries probed for terror attack? Stolt-Nielsen equips fleet with Iridium

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China Shipping and Cosco line up mammoth Chinese boxship orders CHINA'S two biggest shipping lines are gearing up for a massive round of super post-panamax containership ordering, giving Chinese shipbuilders the opportunity to prove they can compete with South Korean yards for these landmark contracts. Greek Shipping Awards to promote industry's finest NOMINATIONS are still being accepted for the inaugural Lloyd's List Greek Shipping Awards ahead of the final deadline this Friday, October 15. Shipyards steel themselves as Posco pumps up price SHIPBUILDERS have reacted with predictable indignation that the latest steel price hike by Posco, South Korea's leading steel mill, coincides with the metal giant announcing record quarterly results. SCI pays $40,000 a day for medium boxship SHIPPING Corporation of India is paying a staggering $40,000 a day to charter a medium-sized containership for half a year, writes Janet Porter.

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OCTOBER 12, 2004
Frontline shares stumble SHARES in Frontline, the world's largest listed tanker company, lost almost 7% in Oslo today as profit taking, together with concern over the future of the crude carrier business, affected trading Sri Lanka/Norway seamen agreement SRI Lanka is preparing to sign an agreement with Norway that would help its seafarers get jobs on Norwegian ships Vafias acquires five LPG vessels GREECE'S Vafias ship owning group has broken into the LPG sector with the acquisition of five LPG vessels with capacities ranging from 1,600 to 4,100m³ MacAndrews' adds Liverpool link A NEW weekly sailing between Liverpool and Bilbao has been introduced by MacAndrews, the UK short-sea operator subsidiary of CMA CGM New cast of FAME unveiled THE Philippines' leading group of ship managers and crewing agents has undergone a leadership change during its recent elections UK begins military yard discussions THE bid by the UK's Defence Procurement Agency to plan naval shipbuilding requirements over the next decade with British shipyards is said to have gone well Singapore cautions shipyard operators Falkland bids for Portsmouth ferries Skaugen expands in China Van Phong Bay on track Agents seek to recoup security cost Indian metal scrap rules Lianyungang is key to silk route Myanmar seafarers are cheapest Foreign ships look to Indian flag HMM renews Kaohsiung terminal lease

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OCTOBER 12, 2004
November peak seen for LA boxes Record vessel backlog, terminal congestion expected to get worse as peak season reaches its height. Federal indictment for longshore VP ILA's Cernadas latest and highest-ranking union official be indicted on federal racketeering charges. LA Port's Keller returning as consultant? New move to curb China textiles Canada border crossing, ports hit by strike Record forecast for U.S. ag exports Sea Containers splits ferries, rail Kuehne & Nagel, Sembcorp dissolve coop Tanjung Pelepas volume up 20% Rise for Cargolux fuel charge Vastera to manage Lucent's China trade Exel acquires Chilean warehousing service

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OCTOBER 12, 2004
EC to debate white paper on revision of 4056/86 European commissioners are expected to adopt a white paper that could see the beginning of the end for regulation 4056/86 and of liner conferences in Europe tomorrow. Disorganisation delays Shenzhen construction fees Shenzhen Port has postponed the implementation of its port construction fee until November 1 at the latest, two sources confirmed to ci-online. Tax windfall rolls out for US railroads Taiwan extends Kaoshiung Hyundai lease deal Public service workers strike threatens Canadian cargo Australian terminals meet box boom challenge Rail4chem establishes Benelux arm US and New Zealand align container security

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OCTOBER 12, 2004
Philippines hunts Superferry bombers President Arroyo says two Abu Sayyaf terrorists in custody, with another four on most-wanted list. MBC bids to boost shares Malaysian bulker chief, Kuok Khoon Kuan, eyes New York or Oslo listing and share buy backs. Nos owners must kick in cash Securities regulators have forced backers of Norway's Nos to cover a bad trade. Genmar and SFL downgraded Analysts forced to rip up recommendations after shares soar by 30% in last month. Relations worsen at Malta Shipyards Leaked memo dubs managers 'arrogant' and says competition "eating them alive". Nenaco to go private Philippine ferry owner to de-list as it enters 10-year period of rehabilitation. MacAndrews doubles up CMA CGM box line adds another weekly sailing from Liverpool to Spain. Frontline shares tumble Worldscale excitement dampened by Drewry and IEA comments. Yantar eyes Briese series German multipurpose vessel owner in talks for possible 10-ship deal at Russian yard. Middle East driving tanker boom Doubts about supplies from Nigeria and Gulf of Mexico continue to put cash into owners' pockets. Heung-A on a roll Korean boxship and tanker owner's shares surge as it asks for end to receivership. Norden shares sink Market wipes $81m off value of Danish bulk carrier owner as speculative fever wanes. CSBC powers ahead Drastic restructuring at Taiwan shipbuilder bearing fruit as yard reports profits in excess of targets. Blue Star offloads veteran Greek ferry owner sells Cesme 1 to the UAE as part of ongoing fleet renewal. Rhein cashes in NOL director times it perfectly to make the most of liner operator's soaring share price. Hurricanes hit Aussie cruises P&O Cruises forced to cancel more Pacific Sun sailings after adverse weather delays refit. Wan Hai takes CSBC options Taiwanese liner operator confirms that it has puts pen to paper on options at compatriot shipbuilder.

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OCTOBER 12, 2004
APL's rates, volumes still increasing Evergreen Marine's revenue up 22% in first nine months TACA raises bunker adjustment factor, citing high fuel prices Hamburg Sud raises South Sea fuel charge MacAndrews adds second weekly Liverpool/Spain link Lufthansa Cargo ratchets up fuel surcharge Home Depot selects Kuehne + Nagel to manage Florida facility Senate repeals U.S. export tax subsidy CBP says it reviews data on all incoming containers Vessels continue to stack up in Los Angeles-Long Beach Box terminal opens at northern end of Suez Canal Strike paralyzes Nigerian ports, shipping Yang Ming to build another warehouse in port of Kaohsiung

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OCTOBER 12, 2004
Rasmussen gets a 20 per cent share in "Norden" The Norwegian Rasmussen Group in Kristiansand has become owner of the American Attransco's share in listed Dampskibsselskabet "Norden" in Copenhagen ... Terror organisation behind ferry tragedy A report issued by Philippine authorities concludes that a bomb placed by the terror organisation Abu Sayyaf was the possible ... Mandatory rules on ship recycling on its way The IMO's Marine Environment Protection Committee is currently considering which parts of the guidelines on ship recycling could be made ...