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Shipping News

Major shipping lines raise fuel levies for US cargo
SOME of the world's major container shipping lines have decided to raise fuel levies in the US on land transportation of container boxes from next month, to recover part of their costs from surging fuel prices.
PSA, customers team up in Antwerp venture
PSA has tied up with three East Asian shipping lines in a venture to operate berths at PSA's HNN Deurganck Terminal in Antwerp from January next year.
3 Taiwanese boats hijacked off Somalia
THREE Taiwanese fishing boats have been hijacked off the coast of Somalia and pirates are threatening to kill dozens of crewmen unless the shipowners pay a total ransom of US$1.5 million, officials said yesterday.
Indonesian oil tanker catches fire following explosion

Admiralty Casebook

A crossing, not overtaking situation
TWO container vessels collided in the East China Sea on a bright and clear morning in June last year because the officers on watch were too busy arguing on VHF Channel 16 on who had the right of way.

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Shipping News

Major shipping lines raise fuel levies for US cargo
SOME of the world's major container shipping lines have decided to raise fuel levies in the US on land transportation of container boxes from next month, to recover part of their costs from surging fuel prices.
PSA, customers team up in Antwerp venture
PSA has tied up with three East Asian shipping lines in a venture to operate berths at PSA's HNN Deurganck Terminal in Antwerp from January next year.
3 Taiwanese boats hijacked off Somalia
THREE Taiwanese fishing boats have been hijacked off the coast of Somalia and pirates are threatening to kill dozens of crewmen unless the shipowners pay a total ransom of US$1.5 million, officials said yesterday.
Indonesian oil tanker catches fire following explosion

Admiralty Casebook

A crossing, not overtaking situation
TWO container vessels collided in the East China Sea on a bright and clear morning in June last year because the officers on watch were too busy arguing on VHF Channel 16 on who had the right of way.

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WTSA raises fuel surcharges on US highways, railways Shippers frustrated by EU lawmakers SITC, local college launch maritime training centre Delays force congestion surcharge at Nigerian terminal U-Freight to hold meeting in Thailand NYNJ sees steady H1 growth fueled by demand for Asian goods Famous Pacific Shipping bolsters NZ management team China Southern to buy 10 Boeing 787s Korean Air to invest in China's Okay Airlines TNT receives international health & safety certification HKIA named most friendly airport for cargo

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Yudhishthir D. Khatau elected President of reconstituted INSA Board S. Hajara at SCI helm GE Shipping Board gives in-principle nod to restructuring businesses Denims now the rage of textile firms EU urged to omit ayurvedic drugs from trade curbs list Port workers to get bonus by September 7 Work on rail freight corridor apace-Minister Ficci-Singapore Business Fed. logistics seminar to open vistas for investors CONCOR's EOL system at ICD-Sanathnagar hastens turnaround Baalu asks ADB chief to review financing procedures for road projects DEPB scheme stays for 2005-06 Adityapur SEZ in Jharkhand taking roots Exim Bank extends LoC to 3 African nations A tripolar world'US, China & India by middle of century, sees Dr Virmani FM asks Customs & excise officers to assist traders, manufacturers & service providers P. K. Raman granted ITF scholarship Ras Al Khaimah FTZ opens liaison office in city

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SEPTEMBER 1, 2005
Katrina rescue operation still in full swing MISC in Indian LNG JV talks GL passes 50m gt mark Daewoo newbuilding with non-biocide anti-foul coating Cruise ship orders for Schat Harding

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SEPTEMBER 1, 2005
USCG says reopening ports and waterways is a high priority First Intersleek newbuild in Korea

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SEPTEMBER 1, 2005
WTSA member carriers announce fuel surchage levels Steel imports into US down during month of July Union Pacific still looking for thousands of new employees Greenbrier division selected to process FEC car hire payables Boeing gives IAM final contract offer

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Hurricane drives product trade spike THE transatlantic clean products market has shot through the roof in Hurricane Katrina's aftermath and is expected to stay there, while suezmax crude rates are expected to follow after a suitable pause, writes Rajesh Joshi in New York. Lloyd's to weather Katrina despite possible £1bn bill LLOYD'S is likely to face a hit of around £1bn ($1.8bn), net of reinsurance, from claims resulting from the devastating Hurricane Katrina, say market sources. Donaldson, great shipping judge, mourned by industry TRIBUTES poured in from around the maritime world yesterday following the death of Lord Donaldson of Lymington, who played a crucial role in improving safety at sea, writes Sandra Speares. Deutsche Post delivers takeover proposal to British rival Exel GERMAN mail and logistics giant Deutsche Post has approached Exel, its British global supply chain rival, about a possible takeover that analysts say could cost more than €5bn ($6.5bn).

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SEPTEMBER 1, 2005
6:41 2 Sep Katrina: cruise ships for refugees? CRUISE lines are today mulling US government requests for help in housing refugees from the Gulf Coast devastated by Hurricane Katrina Ferry operator closed by fuel hike AQUA Express, one of two private ferries serving Seattle in Washington state, is to close because of rocketing fuel prices and poor demand UK repair yard future in doubt Lord Donaldson dies Iraqi feeder operator unveils plans SCI chairman Srivastava steps down Catarina deal ends year of talks Refinery repairs crucial to economy WTSA sets inland fuel surcharge Mississippi expected to re-open today MOL opens Vladivostok centre GL-classed fleet climbs to 50Mgt

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SEPTEMBER 1, 2005
KATRINA'S DEVASTATION Ports, roads, rails remain closed U.S. to waive Jones Act for petroleum shipments 'Minimal' damage at Port of Mobile S&P: Insurers face huge uncertainties Ships diverted to Houston Osprey revises schedule Intermarine moves to Houston Katrina disrupts poultry exports ISC shifts operations Rubber volume surges at Morehead City Trucks can't haul Gulf freight CSX not liable for freight damage NS recovers NY-NJ port authority offers help Japan lifts curbs on U.S. apples U.S., China fail to resolve textile rift Japanese tariffs on U.S. steel take effect Deutsche Post in takeover talks with Exel Freight rates rise for hay exports to Asia FMC inquires about NVO-carrier contracts Truckers warm to PierPass Jaxport to impose security fees

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SEPTEMBER 1, 2005
Hamburg cements HHLA shares plan to confirm port future Hamburg's Senate has formally adopted its plan to sell a 49% stake in HHLA, in a deal the city-state hopes will net it €500m (US$617.05m) within one or two years. PSA HNN forms Antwerp terminal JV with K Line, Yang Ming and Hanjin PSA Hesse Noord-Natie (HNN) has formed a joint-venture with K- Line, Yang Ming, Hanjin (KYH) to operate multiple berths at PSA-HNN's Deurganckdok terminal in Antwerp, from January 2006. Mobile proclaims countdown to mobility, hopefully in a day Panalpina not ruling out acquisitions for growth strategy, as IPO nears Australian coastal box service mooted Kerala Cabinet clears Vizhinjam project New Orleans CEO sees transport and housing issues for resumption of operations Sino-US textile talks fail again Jacksonville to implement security fees 'Discreet' EU textile talks continue, as Europarl calls for broader EU-China relations Inchon Port to offer incentives Korea/China/Japan joint logistics centre to be constructed New WTO head: 'Members have the decision-making power' MSC handling reefer-cargo at St Petersburg

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SEPTEMBER 1, 2005
Bush waives Jones Act President invites foreign owners to move petroleum cargoes between US ports for lack of sufficient US-flag tonnage. Stelios talks newbuilds Serial entrepreneur considering custom-built cruiseships as he prepares for TV debut of Cruise With Stelios documentary. PacBasin wheeler deals Hong Kong bulker owner confirms four new transactions to grow fleet cheaply. PSA gets help at Antwerp Joint venture with K Line, Yang Ming and Hanjin will operate berths at Singapore operator's expanded Belgian terminal. Capesize towed to safety Orient Steamship-managed bulker avoids possible sinking after hitting rock. SSS to sue over Can Gio Vietnamese owner wants compensation for cargoship's year-long seizure in Tanzania. Nepline swings into loss Malaysan owner in the red for second quarter after busy year of buying and selling. Volgograd adds four more IRISL unit Irinvestship orders quartet of dry cargoships at Russian yard. Cash rolls in at RTF Latvian reefer owner doubles its money in first half of 2005, as freight rates hold up. Attica ups fuel charge Greek owner passes on cost of oil price rises on Superfast routes.

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SEPTEMBER 1, 2005
TUI mails offer to CP Ships' shareholders WTSA sets inland fuel surcharge Europe/South America carriers to introduce peak season surcharge Germanischer Lloyd passes 50 million gross tonnage Hoegh Autoliners names new pure car truck carrier Coast Guard investigates near-collision in San Francisco Bay IATA reports slowdown in July air freight growth China Southern confirms 787 deal Fashion shippers group holds to legal attack on NSAs FMC seeks feedback to NSA questions BAX Global promotes Bergman Hurricane damage has ripple effect on transportation system Importers, domestic producers say U.S.-China textile talks have failed Economist Hale predicts soft landing for U.S. economy USDA sets dairy import license fee at $150 PSA, "K" Line, Yang Ming, Hanjin start Antwerp terminal joint venture Port of Oakland to test extended hours for truck gates APM Terminals picks Navis to automate future Portsmouth, Va. Terminal

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SEPTEMBER 1, 2005
Super postpanamax cranes to Århus Port of Århus has ordered two new container cranes for the Containerterminal Øst, which is the Maersk Terminal. The new ... A surge in MR freight UKCont-TA Freight cost for medium range (MR) tonnage booked UK/Continent for Trans-Atlantic destinations has shot up from around WS ...

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SEPTEMBER 1, 2005
New Orleans bunkering could be weeks away As suppliers assess damage in New Orleans, a resumption of bunkering could be weeks away as the port struggles to re-start operations. US: Base oil prices could rise again Katrina's effects could lead to further base oil price rises, while the lubricants market awaits news of the hurricane's impact on additives plant. Ferry operator more than doubles fuel surcharge Euopean ferry company calls move "regrettable" but says it was forced to pass on escalating fuel prices. Hong Kong: Chimbusco joint venture starts operations Chimbusco Pan Nation Holding (HK) Ltd Co is the first major move in the Chinese supplier's ambitions to become an international player. Navy to change contracts on concern of price manipulation The US Defense Energy Support Center and its broker are seeking a new basis for its contracts for fuel purchased in Kuwait. Rotterdam firm this morning Singapore: Stocks of residual fuel and middle distillates down New contact details for Fratelli Cosulich Bunkers (HK) Limited Singapore bunker sales reach record in July MPA statistics show July bunker sales broke another record with increases noted across the board. US opens strategic oil reserves The US president announced yesterday the release of oil from its Strategic Petroleum Reserve to offset oil production losses caused by the powerful hurricane.