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Shipping News

Mexican ports eye LA business, says study
CHRONIC congestion could soon allow upstart Mexican ports - with the help of Hutchison Port Holdings - to usurp some of the US$200 billion in annual container cargo away from Los Angeles and Long Beach, according to a recent confidential study.
Shanghai Container's Q2 earnings jump 28%
SHANGHAI Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.
Indian truckers' strike hits supply network
HUNDREDS of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices.

Air and Land Transport

United gets more time to file revamp plan
A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plans from creditors.
India tests civilian aircraft prototype
Airlines turn to hedging for help
High prices could bring down some US airlines: analysts
US forces EgyptAir to change NY-bound crew

Port Shots

Port Shots
PENANG Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister of Transport Azlan Sultan Abu Bakar said.

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Shipping News

Mexican ports eye LA business, says study
CHRONIC congestion could soon allow upstart Mexican ports - with the help of Hutchison Port Holdings - to usurp some of the US$200 billion in annual container cargo away from Los Angeles and Long Beach, according to a recent confidential study.
Shanghai Container's Q2 earnings jump 28%
SHANGHAI Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.
Indian truckers' strike hits supply network
HUNDREDS of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices.

Air and Land Transport

United gets more time to file revamp plan
A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plans from creditors.
India tests civilian aircraft prototype
Airlines turn to hedging for help
High prices could bring down some US airlines: analysts
US forces EgyptAir to change NY-bound crew

Port Shots

Port Shots
PENANG Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister of Transport Azlan Sultan Abu Bakar said.

web site

Shipping News

Mexican ports eye LA business, says study
CHRONIC congestion could soon allow upstart Mexican ports - with the help of Hutchison Port Holdings - to usurp some of the US$200 billion in annual container cargo away from Los Angeles and Long Beach, according to a recent confidential study.
Shanghai Container's Q2 earnings jump 28%
SHANGHAI Container Co Ltd, a port operator backed by Shanghai Port Authority, has turned in a 28 per cent jump in second quarter net profit, on a rise in traffic driven by China's export-oriented economy.
Indian truckers' strike hits supply network
HUNDREDS of thousands of truckers stayed off the roads across India yesterday, the second day of a nationwide strike to protest against a new service tax, disrupting movement of everything from food to cement and pushing up prices.

Air and Land Transport

United gets more time to file revamp plan
A US bankruptcy court judge has granted United Airlines another 30 days of exclusivity, giving it until the end of September to file its own reorganisation plan without competing plans from creditors.
India tests civilian aircraft prototype
Airlines turn to hedging for help
High prices could bring down some US airlines: analysts
US forces EgyptAir to change NY-bound crew

Port Shots

Port Shots
PENANG Security levels at Malaysia's sea ports are at their best now and the facilities are also free from external threats, especially in terms of terrorist activities, Deputy Minister of Transport Azlan Sultan Abu Bakar said.

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Hong Kong firm secures Class A Licence Trucking costs increase in China Alianca strengthens cabotage services Maersk Sealand to resign from TSA Negative reaction to job lottery at US ports Foreign multinationals in China fear impending antitrust legislation Menzies wins Malaysia Airlines handling contract in Chengdu Baiyun adopts SITA integrated airport systems China Southern Airlines to launch road service United Airlines to replace pension plan

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Mercator Lines may acquire bulk carrier WTO framework adequately protects India's interest: Official India, China may rule textile trade from 2005 Need for Indo-US partnership in maritime sector underscored VCT eyes cargo traffic from ICD-Raipur VCT handles record parcel of 1,078 TEUs in a single day Left parties seek PM's intervention for early clearance of Vallarpadam project GAC India extends direct consolidation service to Middle East CONCOR moves 300 import containers from Kolkata Port to ICD-Birgunj in Nepal Rlys press 10 refrigerated vans into service Blue Dart to launch air cargo charter services NSCOWA set to join nationwide road transporters' strike on Mon. Move CBDT for staying tax recovery, advises I-T chief at IMC meet Wheat, rice exporters may get Rs 900/tonne assistance WTC seminar takes note of changing trends in global auto/components industry Uniworld Logistics opens office at Shanghai

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AUGUST 20, 2004
Sources reveal expected changes to ISO 8217 Water content and viscosity measurement temperature among likely changes to ISO 8217 expected to be announced at next month's SIBCON conference in Singapore. Chemoil: New Sales Director in Singapore Leading ARA suppliers suffer loss in earnings Strong euro against US dollar and soaring crude prices result in depressed net margins for ARA bunker suppliers. Singapore: Third surveyor receives biggest fine Third surveyor in latest probe receives biggest fine in latest crackdown on corruption in the bunker industry. Supply and security continue to weigh heavily on surging crude Crude markets surged over a dollar again yesterday to reach fresh highs, with the momentum still visible in after-hours trading today. Huguenot Energy withdraws from fuel oil market US east coast supplier withdraws from fuel oil market, but continues to offer marine gas oil.

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AUGUST 20, 2004
Old Dominion launches new cube calculator Australian shipping industry ruling on anti-competitive agreements Major contract for Quehenberger's Austrian subsidiary Logochem Railion takes delivery of 200 new Graaf bulk railcars DHL opens Central Asia hub in Hong Kong Strike warning in India for 21 August Airbridge Cargo announces senior appointments

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Norwegian tanker in bunkering incident EC inland barge probes wound up Argentine unions celebrate open register ban Panamanian job scam link

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AUGUST 20, 2004
EC ends barge collusion probe MSP agreements transferred to Maersk Offen orders 8,400 TEU boxships

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AUGUST 20, 2004
Airport Communities Coalition backs off SeaTac litigation plans Weekly rail freight rolls to positive totals Portland Shipping Club taking Family Day reservations Federal Maritime Commission changing organizational structure NOAA team preserving ship's logbooks from past

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Oil prices near $50 a barrel as Iraq fears grow OIL prices are expected to storm past the $50-a-barrel barrier this week on surging global demand and ever tightening security of supply. Vopak and Stolt cleared after antitrust probe into barge activities THE European Commission antitrust authority has announced that an investigation into Koninklijke (Royal) Vopak and Stolt-Nielsen barging activities is over and the file has been closed. CP Ships staff may lose some of 2003 bonus SENIOR staff at CP Ships have been told they might have to repay some of their 2003 bonuses after the downward adjustment of the company's profits. Valve patent row goes on despite Koreans' court win A SOUTH Korean valve manufacturer has beaten off charges of patent infringement made in a Norwegian court, but no end is in sight to its bitter feud with Danish counterpart Pres-vac.

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AUGUST 20, 2004
Cruise job suspect denies links EX-Channel Island resident Philip Mark Croshaw, a man apparently linked to suspect websites offering job opportunities to seafarers and offshore workers, says he is not involved in any fraudulent ship crewing activity Restructure for US FMC THE US Maritime Commission is to be restructured with effect from Monday in a bid to improve its service to the shipping sector India throws life-line to breakers INDIA today cut customs duty on old ships imported for demolition to 5% from 15% to boost domestic supply of cheaper steel Bosporus transit time to worsen WAITING times for Suezmax tankers aiming to transit the Bosporus Straits are likely to double from five days in September to 10 in either direction towards the end of the year Santos strike fears over gang sizes SANTOS port in Brazil could be hit by an all-out strike next week if talks between stevedore unions break down over gang sizes and pay rises Maersk takes over MSP contracts THREE Maersk Lines Ltd vessels are now part of the US Maritime Security Program (MSP) fleet under an order signed yesterday by the Maritime Administration India prepares for port strike Elbe deepening must wait Nenaco fears St Joseph cost Univan expands Indian presence Thousands seek work at LA port Car carrier fire under control S African port businesses merge Fredriksen keeps market guessing Hong Kong collision damage revealed Strong quarter for Ship Finance

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AUGUST 20, 2004
Union, port begin dockworker lottery Longshore union and port officials began sifting through 300,000 applications for 3,000 temporary dockworker jobs at largest U.S. port complex. Frontline sees strong market to 2010 While reporting sharply higher profits, Norwegian operator says world tanker markets may stay strong for the rest of the decade. UPS asks for more China flights CSX derailment closes chemical route MOL selected for 'good governnance' fund PACMAN offers ex-im compliance certification training Rivals hit new China Post express service India in Gulf trade accord U.S. pushing for access to Japan insurance market McGrath named to i2 board Tunnel fire means more delays for West Coast trains Restructuring for FMC

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AUGUST 20, 2004
Additional Yantian berths boosts Hutchison returns Growing Yantian capacity is expected to further lift Hutchison Whampoa's returns following the 15% year-on-year growth in H1 turnover in its ports and related services division. California longshore lottery winners announced today Cosco Pacific's CIMC investment expected to lift earnings Northport hauliers and agents end data-entry dispute Smog causes Hong Kong ship collisions Yang Ming sees 76% growth in H1 profits Offen orders two super-post-panamaxes from Daewoo Dongnama transfers service from Hanjin to Inchon terminal GCT welcomes Sinokor's maiden caller

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AUGUST 20, 2004
One less worry for Stolt EU gives clean bill on inland barge business, but keeps open probe of anti trust practices with parcel tankers. Lyng-Olsen takes over at DnB NY Norwegian financier promotes former JP Morgan banker to replace Jeff Pribor, as he heads to Genmar. Oaktree sells Genmar stock Small deal still leaves California investors with more than 16% stake. Monsters for CP Offen Daewoo is building up to six 8,400-teu boxships for charter to Maersk. Belships bulks up Norwegian owner rides dry market to strong second quarter. USSM surrenders first ship Maersk has boarded and taken over the Sealand Pride at Houston. Vopak wins competition reprieve EC drops probe into company's inland operations, but is Stolt still under the microscope? Centrofin buys again Greek operator spends $80m on two new double-hull tankers. STX gets downgraded Investment house slashes Korean shipyard's target price over 'cheap' orders and steel price hikes. Mary Nour beats the rap Jordan's CTI group wins permission to use Tampico port in competition with Cemex. Pirates target livestock carrier Robbers in wooden boats strike in early hours as ship prepares to moor off Jakarta anchorage. Hellas confirms ro-pax buy Operator snaps up unfinished hulls from Skaramanga for a reported $15m. Syria bans Peter Dohle bulker German owner's mini-bulker falls foul of Middle Eastern politics with alleged visit to port in Israel.

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AUGUST 20, 2004
Federal Maritime Commission reorganizes Maersk Line Ltd. starts transfer of USSM's MSP ships TPG completes acquisition of forwarder Wilson John S. Connor relocates headquarters USDA sets fee for 2005 dairy import quota license Commerce adjusts duty exemptions for watchmakers in U.S. possessions Hutchison's port earnings up 12% GSA permits TDX to continue work for U.S. government

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AUGUST 20, 2004
Strike threat in Denmark The Danish Shipowners Association and its union counterpart Danish Navigators did not come to an agreement at their meeting at ... North Sea lockout from 2 September Norwegian Shipowners' Association (NSA) warns of lockout on three mobile drilling rigs, eight drilling units on fixed platforms and on ... Norwegian GSM base stations on ships in Swedish waters The Swedish Post & Telecom Agency proposes that Norwegian Maritime Communication Partners, MCP, will be permitted to install base stations for ...