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Shipping News

Suspected recklessness blamed for ferry collision
THE captain of a Polish freighter is suspected of recklessness at sea in a collision with a passenger ferry off southwestern Sweden, a prosecutor said on Tuesday.
Keppel Fels to build another rig for Ensco
KEPPEL Fels has entered into a 'cash and kind' contract, said to be worth about US$105 million, to build a high performance rig for a unit of US-based Ensco International Inc.
Tanker trailing oil slick banned from Sydney port
AN oil tanker with a crack in its hull was floating off Australia's east coast since Tuesday after being banned from entering Sydney Harbour because the vessel was spotted trailing an oil slick, the government said.
EC proposes tighter new security rules for ports
THE European Union needs new measures to make sure its ports are protected from attacks by guerrilla groups, the European Commission said on Tuesday as it proposed tighter new security rules.
Australia resumes Middle East sheep export amid tight security
THOUSANDS of sheep have been loaded onto a ship bound for the Middle East amid tight security, officials said on Tuesday, marking the first live sheep export since animal rights saboteurs disrupted the trade last year.
China box maker gets US$1.5b bank aid
SHIPPING container maker China International Marine Containers has won US$1.5 billion in financing that will help it expand an already dominant global footprint, the Financial News said.

Air and Land Transport

New Cambodian airline to fly to S'pore next week
CAMBODIA's new carrier, First Cambodia Airlines, will take to the skies next week and Singapore will be one of its first three new destinations.
US moves to boost aircraft fuel tank safety
Japan Airlines names new president
Air France to cut costs by 1b euros a year
EU draft rules on flight crew's hours
SriLankan Air to fly to Hyderabad

Newbuilds

China's shipbuilding continues to grow while Brazil's stages revival
THERE is no doubt that the tight newbuilding market means that not only are prices edging up but early slots for large vessels are difficult to come by.

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Shipping News

Suspected recklessness blamed for ferry collision
THE captain of a Polish freighter is suspected of recklessness at sea in a collision with a passenger ferry off southwestern Sweden, a prosecutor said on Tuesday.
Keppel Fels to build another rig for Ensco
KEPPEL Fels has entered into a 'cash and kind' contract, said to be worth about US$105 million, to build a high performance rig for a unit of US-based Ensco International Inc.
Tanker trailing oil slick banned from Sydney port
AN oil tanker with a crack in its hull was floating off Australia's east coast since Tuesday after being banned from entering Sydney Harbour because the vessel was spotted trailing an oil slick, the government said.
EC proposes tighter new security rules for ports
THE European Union needs new measures to make sure its ports are protected from attacks by guerrilla groups, the European Commission said on Tuesday as it proposed tighter new security rules.
Australia resumes Middle East sheep export amid tight security
THOUSANDS of sheep have been loaded onto a ship bound for the Middle East amid tight security, officials said on Tuesday, marking the first live sheep export since animal rights saboteurs disrupted the trade last year.
China box maker gets US$1.5b bank aid
SHIPPING container maker China International Marine Containers has won US$1.5 billion in financing that will help it expand an already dominant global footprint, the Financial News said.

Air and Land Transport

New Cambodian airline to fly to S'pore next week
CAMBODIA's new carrier, First Cambodia Airlines, will take to the skies next week and Singapore will be one of its first three new destinations.
US moves to boost aircraft fuel tank safety
Japan Airlines names new president
Air France to cut costs by 1b euros a year
EU draft rules on flight crew's hours
SriLankan Air to fly to Hyderabad

Newbuilds

China's shipbuilding continues to grow while Brazil's stages revival
THERE is no doubt that the tight newbuilding market means that not only are prices edging up but early slots for large vessels are difficult to come by.

web site

Shipping News

Suspected recklessness blamed for ferry collision
THE captain of a Polish freighter is suspected of recklessness at sea in a collision with a passenger ferry off southwestern Sweden, a prosecutor said on Tuesday.
Keppel Fels to build another rig for Ensco
KEPPEL Fels has entered into a 'cash and kind' contract, said to be worth about US$105 million, to build a high performance rig for a unit of US-based Ensco International Inc.
Tanker trailing oil slick banned from Sydney port
AN oil tanker with a crack in its hull was floating off Australia's east coast since Tuesday after being banned from entering Sydney Harbour because the vessel was spotted trailing an oil slick, the government said.
EC proposes tighter new security rules for ports
THE European Union needs new measures to make sure its ports are protected from attacks by guerrilla groups, the European Commission said on Tuesday as it proposed tighter new security rules.
Australia resumes Middle East sheep export amid tight security
THOUSANDS of sheep have been loaded onto a ship bound for the Middle East amid tight security, officials said on Tuesday, marking the first live sheep export since animal rights saboteurs disrupted the trade last year.
China box maker gets US$1.5b bank aid
SHIPPING container maker China International Marine Containers has won US$1.5 billion in financing that will help it expand an already dominant global footprint, the Financial News said.

Air and Land Transport

New Cambodian airline to fly to S'pore next week
CAMBODIA's new carrier, First Cambodia Airlines, will take to the skies next week and Singapore will be one of its first three new destinations.
US moves to boost aircraft fuel tank safety
Japan Airlines names new president
Air France to cut costs by 1b euros a year
EU draft rules on flight crew's hours
SriLankan Air to fly to Hyderabad

Newbuilds

China's shipbuilding continues to grow while Brazil's stages revival
THERE is no doubt that the tight newbuilding market means that not only are prices edging up but early slots for large vessels are difficult to come by.

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Hong Kong throughput in January falls CMA CGM to buy Chinese vessels Bimco to visit Hong Kong, Shanghai, Taipei China focus in 2004 on road construction USCO Logistics to be renamed Kuehne and Nagel Logistics Norasia to launch RTW service Europe puts export help online IMO tackles alien invaders China Southern Airlines to increase flights to Australia Roland Schutze named Lufthansa Cargo sales chief Qantas to start direct services to Bombay, Shanghai South Africa Transport Minister to open TIACA's AGM

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Sinha wants to offer Sagar Mala as parting gift GJEPC seeks dollar credit from banks & FIs EU sets up help desk for exporters from third world New Mangalore Port to get additional facilities Tamp lets MbPT hike vessel-related charges Reliance begins to frequent MICT - Despatches 1st lot of 9 FEUs for shipment to Far East IIP to start Sanathnagar centre CONCOR chief opens domestic box terminal at ICD-Sanathnagar I-T clearance certificate not needed for commercial contracts: CBDT Base laid for leather complex at Krishnapatnam IMC, Arab Chamber to hold interactive session with GCC Port workers to felicitate Sinha on Feb. 20 Vizag Customs House introduces on-line filing procedure EU to grant euro 5 m for Safta creation

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FEBRUARY 18, 2004
Californian ports see increased demand Reduced demand brings improved supply to Saudi ports Brazilian market update Better weather sees an increase in Greek demand ENOC at 'max' as Japanese demand steps up ENOC had struck a number of deals with Japanese shipowners, which could be explained by the withdrawal of cargo trader Hin Leong's bunkering arm Ocean Bunkering Services last week. South Korean market roundup Bunker Alert questions Korean product quality A fuel oil quality alert in South Korea - traditionally seen to produce high quality straight run bunkers - has come as quite a surprise to the market. Rotterdam contemplates STS to accomodate cargo demand The Port of Rotterdam (PoR) announced yesterday that it aims to construct a ship-to-ship facility (STS) for the transfer of oil products to rival locations off the coast of England and Denmark. Rotterdam firmer, no congestion Bunker supplier set to acquire NOL product tankers Oil services provider Titan (Holdings) Ltd announced today that it had signed an acquisition agreement to buy a number of product tankers from Neptune Orient Lines' subsidiary Neptune Associated Shipping Ltd (NAS) for $55.1 million.

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FEBRUARY 18, 2004
Malta's signature heralds higher liability limits New terminal boosts ECO Phoenix in N Europe cargo trades Upbeat report from Strike Club "K" Line claims first Japanese-flag ISPS audit NOL sells bunker business S American box services merge

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FEBRUARY 18, 2004
K-Sea repowers yield cost savings, cut emissions Replaces two-strokes with new Wartsila 6L26 and 9L20 four strokes VP appointments at Northrop Grumman Northrop Grumman Corporation's Ship Systems sector has announced the appointment of two vice presidents within its supply chain management area

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FEBRUARY 18, 2004
Tacoma emergency crews holding 'dirty bomb' test Stolt-Nielsen vessel wins honor for daring rescue at sea Hanjin wins e-business award as best Korean shipping firm APL plans new service covering Indian Subcontinent "K" Line Europe orders new Capesize vessel

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Warwick wins Lloyd's List award COMMODORE Ronald Warwick, Master of the recently launched Queen Mary 2, was named as the winner of the Lloyd's List and Nautical Institute's 'Shipmaster of the Year' award on Wednesday night. Nautical Institute and Lloyd's List highlight Mangouras plight SYMPATHY for Apostolos Mangouras, master of the tanker Prestige was expressed by Lloyd's List readers as a number of fellow professionals nominated him for the 'Shipmaster of the Year' Award. New British demolition industry on the drawing board INVESTIGATIONS are under way to determine whether ship demolition facilities should be set up in the UK. Stolt Offshore and Technip clinch $730m BP Angolan deal STOLT Offshore and Technip have clubbed together to clinch a $730m contract from UK oil major BP for its Greater Plutonio project in deep waters off Angola, writes Martyn Wingrove. Scepticism rife as industry awaits ISPS Code introduction SHIPPING professionals are sceptical about how effective new security measures to be introduced this year will prove, according to speakers at a major shipping security conference. ABP strikes Humber DFDS deal Associated British Ports has kicked off what could amount to a £165m ($314m) investment programme on the Humber river with a new ro-ro project for Denmark's DFDS Tor Line. UK Sosrep urges co-operation on finding best place of refuge THE UK Secretary of State's Representative on Maritime Salvage and Intervention has said that neighbouring coastal states should co-operate closely when assessing places of refuge because the best shelter for a crippled ship could lie in a separate jurisdiction to where the accident is actually taking place.

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FEBRUARY 18, 2004
Warning: Port pedigree could affect charters SHIPS calling at ports that do not appear on white lists, expected to be compiled shortly by the USCG and the IMO, are likely to face serious problems after 1 July, according to Dimitris Lyras, director of Lyras Shipping Have your say SHOULD ports be controlled by local government, national government or none at all? Stolt suffers deep losses STOLT Offshore, the listed Norwegian offshore vessel operator, has unveiled a 2003 net loss almost three times as deep as that booked in the previous year Maritime sector vulnerable to terror attack AL-QAEDA and its associates could be planning a "maritime spectacular" to involve tankers or cruise ships, a research and intelligence company believes Security clock ticks on Lloyd's Register warned today that a lack of standard ISPS requirements among flag states could be contributing to the slow rate of ship ISPS compliance Immingham gets a new $65M terminal ABP and DFDS have entered into a 25 year agreement linked to the development of a new £35M ($66M) riverside Ro-Ro and container terminal at Immingham's outer harbour Joanna made an unexpected turn Festival restarts cruising mid-March Haitian ports "shut down" Red-faced P&O to check port rules Stena denies Irish Sea rumour Rejection of Gas Natural causes stink OMI net income up five-fold S America lines join forces ABP sees profits rise Atlantic motorway for 2006

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FEBRUARY 18, 2004
WSC offers advice on smart boxes As Customs develops standards for smart containers, it should do so with the objective of building a more secure operating system that will work more efficiently, the World Shipping Council said in comments filed this week. ILA, management remain optimistic The International Longshoremen's Association and United States Maritime Alliance concluded two days of meetings Wednesday and said they remain optimistic they can agree on a new contract six months before the current pact expires. Germany scraps truck toll The controversial plan for the 16-cent-per-mile toll had been struggling with technology issues tied to its satellite-based system. Six carriers form vessel-sharing alliance in Europe-S. America trade USTR seeks comments on proposed Andean free-trade pact Six countries dumping shrimp, prawns in US, commission says Menlo opens unit to handle ocean services Atlas Air Worldwide names Erickson CEO Coface Group opens insurance company Lufthansa Cargo names Schutze head of worldwide sales MSC expands India-Europe service Eurotunnel signs Italy-Britain rail freight deal Associated British Ports boosts profit, traffic CN strike looms EU takes 'zeroing' case to WTO

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FEBRUARY 18, 2004
CSXWT faces defection of its other HK customer CSX World Terminals Hong Kong (CSXWTHK) is facing a fresh crisis with the impending departure of Hanjin, as its other client, Maersk Sealand, is also now likely to leave. Owners seek long-term charters as fears of over-tonnaging grow CMA CGM chairman Jaques Saade has reportedly warned that today's charter market is 'excessively high' and that owners are now either trying to sell vessels or fix long-term charters. Pollution bills aim charges at peak hour trucking CN and union resume talks to avert strike PONL Lambada service joins dance with Europe-SA service alliance US Coast Guard may bar security plan-free vessels from July 1 Key Australian lines hit the rate-rise accelerator ISPS is a 'paper exercise', says Chamber of Shipping of America Guayaquil Port Authority finally to grant concession BASF expanding box facility at Ludwigshafen Conservative ABP says its committed to organic growth Yellow Sea collision leaves NY/NJ shipping unscathed

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FEBRUARY 18, 2004
P&I pickle for Royal Olympic Two clubs withdraw cover in another blow for embattled cruise operator. Stolt Offshore afloat in red ink Bloody quarter sees $300m loss, pushes yearly tab to $416m. Boom year for Attica Greek operator of Superfast Ferries sees profits and revenues soar in 2003. USCG bags big names Evergreen, Hyundai and Louis Dreyfus join error-riddled charterer blacklist. Leak stemmed from Shell-chartered tanker Divers waiting for weather break to patch vessel's hull so it can enter Sydney Harbour. Latvian confirms Mipo and Andromeda ships Riga-based owner signs for four tankers in Korea and will buy another three 2003-built vessels. Row rumbles on over Stena Nautica collision Horses winched off listing ferry as details of last minute radio transmission emerges. Torm's magnificent seventh Danish owner adds another tanker newbuilding in China and buys back MR ship from Gotland. Farstad fined over ship fire death Norwegian owner pleads guilty to breaching health and safety rules on Far Service supply ship in Scotland. Partners join P&O Nedlloyd's dance at last Five container lines onboard for merger with the two-year-old South America-Europe Lambada service. Tianjin Marine escapes with small fine Regulator raps Chinese boxship owner over late filing of 2002 annual results. Belships red ink spreads But fourth quarter profit and dry bulk income holds some promise for Norwegian owner. OMI reports record year Costs of oil pollution fine are minor blip on stellar earnings. Further progress at ABP Strong performance in UK and US lifts ports group's profit for 2003. Profits double at Noble Hong Kong owner and commodities trader shakes off effects of SARS and Iraq to report record year. Daewoo dips on fourth quarter loss One-off severance payments mask otherwise good year for world's second largest shipbuilder. Keppel T&T MD calls it a day Robert Bong (left) is quitting post less than 18 months after appointment at Singapore firm.

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FEBRUARY 18, 2004
Liability limits rise under IMO claims protocol P&O Nedlloyd joins major VSA on Europe/Brazil route OMI quintuples net profit UASC starts Asia/Middle East service U.S. shipping coordinating panel sets IMO preparatory meetings FMC to hold regulations seminar in Puerto Rico NYK raises intra-Asian rates to Hong Kong Lufthansa Cargo names Schutze as global sales chief Kuehne & Nagel buys stake in air cargo portal CN unions threaten strike SCS Transportation buys LTL carrier for Saia division FMC asked to close NVO petition requests, proceed to proposed rulemaking FMC investigates possible violations by Nick International Shipping U.S. Commerce Department pursues shrimp import case Waterborne security pilot in Key West

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FEBRUARY 18, 2004
Leak in "Eurydice" stopped The oil leak in aframax tanker "Eurydice", which was refused entry in Sydney Harbour over the weekend, has now been ... Owners to pay for port of refuge Spain has announced its new rules to provide port of refuge for vessels in distress. The basic principle of the ... Move of "Stena Nautica" delayed Sealing of the holes in the hull and pumping out of the water in "Stena Nautica" has been more complicated ...