BRIEFS

web site

Shipping News

Big plan to lift Singapore maritime industry profile
IN a bid to elevate the profile of Singapore's maritime industry and attract people to maritime careers, the Singapore Maritime Foundation is set to embark on half-a-million dollar awareness campaign.
Wanted: Creative financing sector to attract more shipowners
SINGAPORE needs to develop a more 'creative' ship financing sector if it is to succeed in attracting more shipowners and realise its International Maritime Centre ambition, Singapore Maritime Foundation chairman Teo Siong Seng said yesterday.
2 fuel oil tankers stranded due to oversupply
AT least two tankers, loaded with fuel oil, are sitting in Singapore waters, unable to discharge their cargoes due to the current oversupply, according to industry sources.
Norway shipowners, union end dispute
Too early for alliance with French shipyards: Germany

Strait Talk

Green lobby misses the point on liner shipping
MANY in the shipping would say that the industry has had its fair share of attention from environmentalists in recent years.

web site

Shipping News

Big plan to lift Singapore maritime industry profile
IN a bid to elevate the profile of Singapore's maritime industry and attract people to maritime careers, the Singapore Maritime Foundation is set to embark on half-a-million dollar awareness campaign.
Wanted: Creative financing sector to attract more shipowners
SINGAPORE needs to develop a more 'creative' ship financing sector if it is to succeed in attracting more shipowners and realise its International Maritime Centre ambition, Singapore Maritime Foundation chairman Teo Siong Seng said yesterday.
2 fuel oil tankers stranded due to oversupply
AT least two tankers, loaded with fuel oil, are sitting in Singapore waters, unable to discharge their cargoes due to the current oversupply, according to industry sources.
Norway shipowners, union end dispute
Too early for alliance with French shipyards: Germany

Strait Talk

Green lobby misses the point on liner shipping
MANY in the shipping would say that the industry has had its fair share of attention from environmentalists in recent years.

	web site

Shanghai sets new container record in September Congestion at US WC ports sees Hanjin amend services TPG records double-digit 3Q profit New director for NY/NJ Port Authority named Singapore govt. backs development of logistics industry FEFC announce freight rate hike WTSA implements US equipment charges Four UK ports join CSI programme SIA expands codeshare with Virgin Lufthansa improves traffic performance KLM, Air Exel revise co-operation FedEx expands low emission vehicle programme to NY

	web site

IPBCC to slap $ 55/TEU 'Mumbai Congestion Charge' from Nov. 25 India-Myanmar trade can be doubled in two years, says report India-Uganda taxation convention operationalised $ 7-m Exim Bank credit for Myanmar bank Container traffic through VCT well on track Port surcharge levied on export cargo bound for US, Canada CONCOR's ICD-Chinchwad attracting overwhelming response from ex-im trade CONCOR to set up 2 more JV CFSs at ICD-Dadri CSS India (Pvt.) Ltd launched, operations begun in Tirupur RBI gives more time for EOUs to realise export proceeds

	web site
OCTOBER 26, 2004
Lintec takes routine fuel testing to 'forensic' level Fuel testing company claims to be first to offer routine analysis enabling detection of contaminants such as waste chemicals and unusually high levels of naturally occurring chemicals. Fujairah numbers stay firm with good demand Suez players still undecided about avails Some players disagree with general reports of tight supply. Rotterdam easing off from morning levels Supplier office move Singapore: Oversupply sees laden tankers sitting idle Fuel oil traders have reported two laden tankers sitting in Singapore's waters unable to discharge their cargoes. Weak bunker demand is said to be a contributing factor. Tanker owners slam 'perverse' loophole in EU sulphur directive A loophole in the EU sulphur directive has led to ships switching from distillates to residual fuels in EU waters. IBIA to launch low cost, rapid resolution schemes for disputes The International Bunker Industry Association (IBIA) has said that it will launch two dispute resolution services aimed at low cost, fast resolution of bunkering disputes.

	web site
OCTOBER 26, 2004
IBIA to launch rapid resolution schemes Exchange rate and hurricanes hit Gorthon Carnival buying back US$1bn of shares "Russia is a good place to do business" Don't drop the pilot!

	web site
OCTOBER 26, 2004
EU Justice Ministers take hard line on ship-source pollution USCG, TSA study ferry security $80 million in Azipod orders

	web site

Multraship Salvage raises Thor R DUTCH-based Multraship Salvage has completed the delicate wreck removal of capsized dredger Thor R, which sank in the mouth of Danish port Esbjerg. UK Club and Gard flag premium increase amid claims volitility TWO of the top protection and indemnity clubs have spelled out the general increases in premium they will seek from shipowners at the February 2005 renewal: the UK Club will ask for 12.5%, and Gard 5%. First Round Table forum calls for strong performance hike MEMBERS of the Round Table of international shipping associations are to ask P&I clubs to 'incentivise' higher safety standards and good performance from shipowners. Reksten's VLCC record is the target HILMAR Reksten's record VLCC spot market rate, established more than 30 years ago, is in the industry's sights this winter. MSC beats Maersk for super post-panamax slots MEDITERRANEAN Shipping Co has added to its vast order book with another four super post-panamaxes after beating off competition from Maersk Sealand, which was eyeing the same newbuilding slots.

	web site
OCTOBER 26, 2004
Norwegian oil strike cancelled THE trade union involved in a four-month long dispute over conditions of work and pay in the Norwegian continental shelf, Oljearbejdernes Fellessammenslutning (OFS), has called off the strike with effect from midnight tomorrow Pilot vessel crew member missing A crewman of a pilot launch in Australia is feared dead after falling between the launch and a ship Registers' future at risk THERE will be a shakeout among open registers over the next few years, IRI president Bill Gallagher predicted today UK Club raises premiums 12.5% VOLATILITY in recent P&I claims has convinced the UK P&I Club board of the need to increase its premiums by 12.5% for the 2004/05 policy year Carnival-P&O merger's hidden bonus CARNIVAL'S $1Bn share repurchase plan announced yesterday offers yet another example of the P&O merger reaping dividends MariTEL demands AIS frequencies MARITEL, the US-based maritime communications provider, is asking the Federal Communications Commission (FFC) to reconsider its decision regarding AIS frequencies Caribbean shipping missing the boat Malaysia to fund Nigerian cabotage Spoornet to increase ore shipments Brokers' share prices rocket WTO: 2004 strong but 2005 may drop EU to drop sanctions on US exports One death per month at Chennai Chile port strike threat wanes Nenaco looks for investor Bush signs Jobs Act

	web site
OCTOBER 26, 2004
Ex-Im Bank to back transport loans Freight forwarders, U.S.-flag carriers now eligible for short-term loans to cover shipping. Breakbulk recovering from slump Shippers, carriers face planning dilemma Imports reflect economic changes Exel to meet full-year projections Third quarter puts logistics giant on track to meet full-year expectations. BNSF profit falls on charge Pacer wholesale segment improves Higher volume drives CP Rail New Arctic trade lane? Cool! Barge grain rates explode Another Northwest fuel charge increase Maersk Sealand revamps Web site Hapag-Lloyd sets UK-Greece service SAS increases capacity from N. America

	web site
OCTOBER 26, 2004
Auditors critical of city officials in Rottergate affair Rotterdam City's independent auditor accused mayor and aldermen today of underestimating the importance of the first danger signals regarding bank guarantees issued by former port director Willem Scholten. China approves new Guangzhou-Shenzhen expressway Plans for a new expressway connecting Guangzhou and Shenzhen to relieve pressure caused by increasing cargo flow have been approved by the Chinese Government. Importers call for more EC vessel space as USWC cargo delays continue Dutch ports to be hit by third pension protest Container rail shuttle for Auckland Gwangyang to operate four additional berths

	web site
OCTOBER 26, 2004
EU pollution move blocked Greece, Cyprus and Malta have blocked post-Prestige criminal penalties for marine polluters. Finnlines ups profit But Baltic operator suffers from offering no services to key Finnish export markets. B&N sees general upturn Freight rates rise as Swedish shipowner's fleet fire on all cylinders. Dear Gazprom... Port of Rotterdam may invite Russian producer to build new LNG facility. Builders eye Transpetro order Three Brazilian construction firms to form shipyard company to bid for massive newbuilding tender. Deutsche urges 'sell' Moller Liner company's 'phenomenal run' is over, says analyst. East German yards set free Kjell Inge Rokke's Aker Ostsee and its neighbours may now build all the ships they like, says the EU. Politicians push Vinashin order Vietnam only just beat the deadline for an elusive 15-ship series for Graig Shipping. Bigger SCI stake on offer? Indian government may now sell off 20% of giant state shipowner. UK Club seeks 12.5% increase Breakeven year in prospect as Hyundai 105 and other casualties raise claims bill. Berlian raises $27m Indonesian owner sells 10% stake to foreign investors. Total loss on Wild Coast The bottom of the grounded BBC China is breaking up on a South African beach. PIL adds Mindanao call Singapore owner's feedership pleases mayor of General Santos City. Swire and Primorsk formalise link New company Prisco Swire Offshore will own three supply ships on order from Aker. Tankerska buys bulkers Croatian owner builds dry fleet after striking deal with Switzerland's Massoel group. Spill after 'no risk' grounding Ships at Murmansk report sailing for hours in spilled bunkers. Gorthon shows weakness Lower volumes and feeble dollar hurting Swedish ro-ro operator ahead of merger with partner B&N. Gard goes for 5% Second biggest P&I club sets general increase as Stephen Pan takes over the chair. Messina heads to Iran Italian container line launches new Bandar Abbas run with trio of vessels. PSC covets Karachi Malaysian shipbuilder declares interest in buying struggling Pakistan yard.

	web site
OCTOBER 26, 2004
Carriers boost capacity on Asia/U.S. Gulf all-water link Messina adds Iran port to Med/Middle East/India link NWA Cargo to expand service to China Importers upset over C-TPAT standards, CBP prepares new proposal Menlo Forwarding sale impacts CNF 3rd-quarter results Kuehne + Nagel sells stake in SembCorp Logistics U.S., Mexico to hold supply-chain improvement meetings U.S., Uruguay conclude bilateral investment treaty U.S. advances dumping against resin imports from four countries ChainLink predicts 'radical' changes for enterprise software Eimskip expands seafood shipping business to China Exel names Damman president of transportation services Gulf seaports terminal conference proposes security fee to FMC Port of Savannah sees peak season container boost

	web site
OCTOBER 26, 2004
Aker order for specialised offshore vessel Rem'y Shipping has ordered a specialised offshore vessel of the Aker-O3R design at Aker Brattvaag ' S'viknes Verft ' for NOK ... Scandlines record on Trelleborg sailing Scandlines reports a new record in week 42 on the routes from Germany to Sweden. One of the record breaking ... Fjord1 to run new gas ferries Fjord1 Nordvestlandske has received the concession from the Norwegian Road Authority to run the five new gas ferries on specific ...