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Shipping News

PSA places $78m order for 42 cranes
AS part of its accelerated development of Pasir Panjang Terminal , PSA Corporation has placed a $78 million order for 42 Korean-made gantry cranes with delivery from March 2005.
It's status quo-plus
WITH the impressive display of military hardware and naval personnel parading down the Straits of Malacca yesterday, one might be lulled into thinking we've turned the corner on the piracy menace.
ITF threatens action against anti-labour ports
THE International Transport Workers Federation has threatened to take action against ports that fail to meet minimum labour standards, in a 'ports of convenience' campaign.
14 missing as ship sinks
FOURTEEN people were missing after a cargo ship sank in waters off eastern Indonesia, an official said on Monday.

Air and Land Transport

Boeing, Airbus see demand rising
DEMAND for new passenger and freight aircraft is rebounding after an unprecedented global downturn and in spite of chronically high fuel costs, US manufacturer Boeing Co and its European rival Airbus said on Monday at Britain's Farnborough International Air Show.
UAE's Etihad in US$7b deal with Airbus
Qatar Airways eyes IPO by 2008
easyJet opposes Air France-Alitalia deal
SIA to fly non-stop to Cape Town
LOGBook

Strait Talk

Denial of shore leave defeats security objectives
THIRTY-five years or so ago, one of the main reasons I decided to leave school at the age of 16 and go to sea was the prospect of 'seeing the world'.

web site

Shipping News

PSA places $78m order for 42 cranes
AS part of its accelerated development of Pasir Panjang Terminal , PSA Corporation has placed a $78 million order for 42 Korean-made gantry cranes with delivery from March 2005.
It's status quo-plus
WITH the impressive display of military hardware and naval personnel parading down the Straits of Malacca yesterday, one might be lulled into thinking we've turned the corner on the piracy menace.
ITF threatens action against anti-labour ports
THE International Transport Workers Federation has threatened to take action against ports that fail to meet minimum labour standards, in a 'ports of convenience' campaign.
14 missing as ship sinks
FOURTEEN people were missing after a cargo ship sank in waters off eastern Indonesia, an official said on Monday.

Air and Land Transport

Boeing, Airbus see demand rising
DEMAND for new passenger and freight aircraft is rebounding after an unprecedented global downturn and in spite of chronically high fuel costs, US manufacturer Boeing Co and its European rival Airbus said on Monday at Britain's Farnborough International Air Show.
UAE's Etihad in US$7b deal with Airbus
Qatar Airways eyes IPO by 2008
easyJet opposes Air France-Alitalia deal
SIA to fly non-stop to Cape Town
LOGBook

Strait Talk

Denial of shore leave defeats security objectives
THIRTY-five years or so ago, one of the main reasons I decided to leave school at the age of 16 and go to sea was the prospect of 'seeing the world'.

web site

Shipping News

PSA places $78m order for 42 cranes
AS part of its accelerated development of Pasir Panjang Terminal , PSA Corporation has placed a $78 million order for 42 Korean-made gantry cranes with delivery from March 2005.
It's status quo-plus
WITH the impressive display of military hardware and naval personnel parading down the Straits of Malacca yesterday, one might be lulled into thinking we've turned the corner on the piracy menace.
ITF threatens action against anti-labour ports
THE International Transport Workers Federation has threatened to take action against ports that fail to meet minimum labour standards, in a 'ports of convenience' campaign.
14 missing as ship sinks
FOURTEEN people were missing after a cargo ship sank in waters off eastern Indonesia, an official said on Monday.

Air and Land Transport

Boeing, Airbus see demand rising
DEMAND for new passenger and freight aircraft is rebounding after an unprecedented global downturn and in spite of chronically high fuel costs, US manufacturer Boeing Co and its European rival Airbus said on Monday at Britain's Farnborough International Air Show.
UAE's Etihad in US$7b deal with Airbus
Qatar Airways eyes IPO by 2008
easyJet opposes Air France-Alitalia deal
SIA to fly non-stop to Cape Town
LOGBook

Strait Talk

Denial of shore leave defeats security objectives
THIRTY-five years or so ago, one of the main reasons I decided to leave school at the age of 16 and go to sea was the prospect of 'seeing the world'.

	web site

K+N Asia sea freight forecast to hit 1M TEU in 2005 Mainland shippers shy away from trucks Gujarat port gears up for future with new equipment TSA Deputy Administrator McHale steps down after 23 years Malaysian port completes berths OOCL boosts its organisation in Scandinavia Qantas hits back at critics of ground handling unit 'Plump porkers' given VIP treatment by Chinese carrier Boeing's longest-range jetliner design almost completed

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Gujarat ship-breaking industry sinking MoS agrees to implement HSL revival package Garment exports to quota nations up Tamp allows VSL to levy interim tariff at VPT berths Record handling of iron & steel cargo at Mumbai Port Momentous occasion for Wan Hai & JNPCT Clearing agents' stir at Delhi airport halts cargo movement SIA flying into Ahmedabad from July 28 Forex reserves swell by $ 700 m No rigidity about Budget proposals, says Bhardwaj at Ficci meet 12 bidders in fray for Punjab govt's Conware at D'Node

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JULY 20, 2004
Lloyds List praises MPA, rebukes bunker market Under heading 'Confine and Control', Lloyd's List's editorial comments yesterday applauded the effective banning of bunker barges from OPL waters near Singapore. B@S puts focus on new offshore location South Falls Head in the English Channel is the latest commercial bunkering position offered by B@S after disappointing results at Cherbourg. Hong Kong resupply delayed further Enquiry size restricted by limited avails in Hong Kong, while high prices limits activity in Taiwan. Book Review: Bunkers by Fisher & Lux Ten years since their last book, Fisher and Lux return with the third edition of Bunkers: An Analysis of the Practical, Technical & Legal Issues... Bunkerworld reviews. South Korean refinery output hit hard by strike Striking union workers at LG Caltex have caused the complete shutdown of the company's refinery, wiping out a close to a quarter of South Korea's refining capacity and threatening exports of fuel and gas oil. Risk management gets personal Maritime law firm tells Bunkerworld that bunker suppliers and barge operators require the same risk management processes as other shipping companies amid spate of custodial sentences. Rotterdam bunker market firms with congestion Hin Leong changes bunker management Jane Lim takes over from Andrew Cheah as bunker sales manager for prominant bunker and cargo trader. Japanese suppliers rue tight avails amid Korean problems Sources in the Japanese market report tight avails ahead of expected surge in demand.

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JULY 20, 2004
Stelmar announces record earnings as merger buzz persists Australia boosts maritime security spending U.K. defers carrier investment decision

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MOL plans Korea boxships order MITSUI OSK Lines is breaking with tradition and putting together a large containership order in Korea that is likely to include 8,000 teu tonnage. Lines may boycott Lagos over arrests CONTAINER lines serving Nigeria are threatening to boycott Lagos in protest against new customs procedures that have landed a number of shipping personnel in jail. Three nations launch joint patrols to boost security in Malacca Strait MALAYSIA, Singapore and Indonesia have kicked off co-ordinated patrols of the Malacca Strait in an effort to combat piracy and the threat of maritime terror. 'International conspiracy to talk up terror threat' ON THE eve of the start of the co-ordinated patrols in the Malacca Strait, Indonesian naval chief Admiral Bernard Kent Sondakh claimed the piracy and terror threat was overblown as part of international conspiracy, writes Marcus Hand. Hamworthy dazzles at share debut SHARES in marine equipment major Hamworthy yesterday made an impressive debut on the London Stock Exchange's Alternative Investment Market.

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JULY 20, 2004
Stelios comments 'not helpful' NICK Hartley, chairman of Stelmar Shipping, says the public exchanges with founder Stelios Haji-Ioannou are not serving the board's goal of "enhancing shareholder value". UAE awards Mina Saqr contract THE United Arab Emirates has awarded a $45M contract to a Kuwaiti company to build and run a container terminal at Mina Saqr port in Ras al-Khaima Emirate Two LNG terminals for Canada AN LNG receiving terminal will built at Prince Rupert by 2009 following an agreement between Calgary-based Westpac Terminals and government-owned Ridley Terminals Visakha private operator's tariff PRIVATE operator Vizag Seaports, which started operations this month at the Indian port of Visakhapatnam, will levy an interim tariff 75% of that of the Port Trust Portuguese target MSC vessels PORTUGUESE port workers are boycotting Mediterranean Shipping Co vessels at ports throughout the country Portuguese strike against stevedore PORTUGAL'S national stevedore union launched strike action at major Portuguese ports this week to protest against the setting up of a separate stevedore union at Sines Brunei develops Pulau Muara Besar MCA responds to Commons report Congestion threatens US security Chennai box terminal strike ends New route for Reef pilots HMM drops Portland to stay on time Lula blow for Brazil's builders IMB: We don't hike piracy figures Russian gas to go by sea not pipe Sri Lanka appoint shipping director

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JULY 20, 2004
Record growth for S. Korea yards First-half orders for world's biggest shipbuilder rose 16 percent from a year ago. Canadian National profits rise Canada's largest railroad said earnings in the second quarter rose 34 percent, boosted by higher grain shipments. World trade talks going in `right direction' Marad asks for MSP ships U.S. wants review of Japan apple import curbs United close to financing deal Morocco FTA goes to Congress Protest over at Chennai Sixth day for Israel port strike Grant for Pacific Northwest port security NYK opens Japan logistics unit Australia boosts port security

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JULY 20, 2004
Dutch shippers urge Amsterdam alliance, while barge operators prepare surcharges The Dutch Shippers' Council (EVO) has urged Rotterdam to seek Amsterdam's help in tackling barge-congestion, saying huge investment lies idle at Amsterdam, while deepsea vessels monopolise Rotterdam's quays. Australian regulator in about-face on AADA de-registration Australia's Competition and Consumer Commission (ACCC) will not sanction the Asia-Australia Discussion Agreement (AADA), in an about-face of its earlier draft report. US West Coast gate-hours fee threatened with delays Chennai industrial action called off Evergreen to issue bonds to pay off US$4.1bn fleet expansion plan Gold Star reloops intra-Asian connections Wan Hai orders three 6,019TEU boxships from Chinese shipyard Shanghai Port Container and parent to invest US$605m in Yangshan Port Pyeongtaek to open first dedicated container terminal Black Sea to boost NYK Kees Marges to retire from ITF dockers' representative role

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JULY 20, 2004
Izar has to repay $465m Spanish government agreement to recover illegal state aid sparks fears of yard sell-offs. Kvaerner delivers new Matson ship Philadelphia yard hands over second vessel, famed for cost overruns. Jinhui's big dipper Chinese bulk carrier owner treats investors to a terrifying and costly freight futures ride. Stelmar profits triple Pursued tanker company posts record earnings, and beats analysts' expectations. Shake up at Rio Santiago State governor Felipe Sola orders audit of Argentine yard after sacking bosses. Jinhui rings alarm bell Bulk carrier owner issues shock profit warning as it becomes the latest victim of losses on freight futures. Hamworthy shares up 18% Marine equipment manufacturer makes strong debut on London's AIM stock market. Alstom wins ro-ro order Leroux Naval yard to build at least one passenger ferry for Brittany council. BC Ferries accused over order Canadian yard union claims state ferry owner plotting "secret" additional newbuilding deal overseas. Greek ferry in bomb scare Aegean Sea bound Vitsentzos Kornaros forced to evacuate all 583 passengers after terror alert. Malacca joint patrols begin Indonesian, Singaporean and Malaysian vessels start new security regime in troubled strait. TMM inches closer Mexican owner's bid to exchange old bonds moves a step further ahead of Thursday's deadline. Chandra moves up at ADM Former Latin American specialist to take responsibility for continent, and beyond. KOTC to sign Korea deal Hyundai carries off four and Daewoo three ships of $525m newbuilding package. June volume surge at NOL Singapore liner operator sees year-on-year growth of 20% on the back of additional capacity. Morocco chases Indian link Government to approach Indian owners about setting up permanent liner service.

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JULY 20, 2004
Peak season surcharges spread MarAd issues interim final rule for reauthorized MSP NYK appoints agents in Black Sea area OOCL sets up offices in Scandinavia U.S., Mongolia sign bilateral trade, investment framework agreement Visteon dumps Vastera Ford reappoints Exel as lead logistics provider in Europe Weston/Bean receive Corps contract for Miami River dredging No let-up in growth for Hong Kong Antwerp box traffic up 15% in first six months USTDA awards $374,250 grant to Madagascar for barge lightering study