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Shipping News

First Ship Lease moving ops from New York to S'pore
CITING the shifting balance of power to Asia, German-controlled shipping finance company First Ship Lease Ltd has announced it will shift its operations from New York to Singapore from this August with the transition to be completed by end of the year.
ABN Amro, JPMorgan plan shipping contracts
ABN Amro Holding NV, the biggest Dutch lender, and JPMorgan Chase & Co, the No 3 US bank, plan to enter the US$36 billion market for trading shipping futures amid widening swings in the costs of transporting commodities such as oil and coal.
Cruise ships must obey fed law: US court
THE US Supreme Court has ruled that cruise ships must follow federal law that bars discrimination against disabled people, but left it for lower courts to decide what changes foreign-flagged ships will have to adopt.
Mersey Docks agrees to £771m takeover

Admiralty Casebook

Radio call could have awakened skipper: ATSB
A SIMPLE call on VHF channel 16 by a container ship might have awakened the skipper of a fishing vessel and prevented his vessel from ramming into the container ship outside Sydney harbour last year, the Australian Transport Safety Bureau has found.

Port Shots

Port Shots
THE first quarter saw total port cargo throughput in Hong Kong fall 3 per cent over a year earlier to 53.6 million tons, the Census & Statistics Department said yesterday.

web site

Shipping News

First Ship Lease moving ops from New York to S'pore
CITING the shifting balance of power to Asia, German-controlled shipping finance company First Ship Lease Ltd has announced it will shift its operations from New York to Singapore from this August with the transition to be completed by end of the year.
ABN Amro, JPMorgan plan shipping contracts
ABN Amro Holding NV, the biggest Dutch lender, and JPMorgan Chase & Co, the No 3 US bank, plan to enter the US$36 billion market for trading shipping futures amid widening swings in the costs of transporting commodities such as oil and coal.
Cruise ships must obey fed law: US court
THE US Supreme Court has ruled that cruise ships must follow federal law that bars discrimination against disabled people, but left it for lower courts to decide what changes foreign-flagged ships will have to adopt.
Mersey Docks agrees to £771m takeover

Admiralty Casebook

Radio call could have awakened skipper: ATSB
A SIMPLE call on VHF channel 16 by a container ship might have awakened the skipper of a fishing vessel and prevented his vessel from ramming into the container ship outside Sydney harbour last year, the Australian Transport Safety Bureau has found.

Port Shots

Port Shots
THE first quarter saw total port cargo throughput in Hong Kong fall 3 per cent over a year earlier to 53.6 million tons, the Census & Statistics Department said yesterday.

web site

Shipping News

First Ship Lease moving ops from New York to S'pore
CITING the shifting balance of power to Asia, German-controlled shipping finance company First Ship Lease Ltd has announced it will shift its operations from New York to Singapore from this August with the transition to be completed by end of the year.
ABN Amro, JPMorgan plan shipping contracts
ABN Amro Holding NV, the biggest Dutch lender, and JPMorgan Chase & Co, the No 3 US bank, plan to enter the US$36 billion market for trading shipping futures amid widening swings in the costs of transporting commodities such as oil and coal.
Cruise ships must obey fed law: US court
THE US Supreme Court has ruled that cruise ships must follow federal law that bars discrimination against disabled people, but left it for lower courts to decide what changes foreign-flagged ships will have to adopt.
Mersey Docks agrees to £771m takeover

Admiralty Casebook

Radio call could have awakened skipper: ATSB
A SIMPLE call on VHF channel 16 by a container ship might have awakened the skipper of a fishing vessel and prevented his vessel from ramming into the container ship outside Sydney harbour last year, the Australian Transport Safety Bureau has found.

Port Shots

Port Shots
THE first quarter saw total port cargo throughput in Hong Kong fall 3 per cent over a year earlier to 53.6 million tons, the Census & Statistics Department said yesterday.

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TNWA unveils peak season services INTTRA expands presence in China Panalpina launches office in Weihai Academic cooks up cheap track-and-trace gadget for vehicles DPI receives cranes in India Extended hours at LA, LB begin next month Hactl's transshipments surge in May Australian Airlines to operate more flights to Japan Continental starts flying direct to Hamburg, Germany HK's Dora Kay to head Tiaca's education committee

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US move to rule the high seas meets stiff resistance SCI may set course for uncharted waters Indo-US trade crosses $ 19 bn in 2004-05 Anti-dumping duty on PHPG Base imports from EU may be withdrawn Dumping probe against Chinese silk may impact exports 15.70 pc rise in tea exports in April Comprehensive economic pact with singapore to be inked on June 27 Bulk imports of second-hand garments at Kandla SEZ worries small textile firms Kolkata Port handles record 27,263 TEUs in May MbPT to relocate Pir Pau jetty at Mahul Dynamic Logistics' ICD-Dighi starts getting imports directly from Sahar ACC Oil cos to introduce vehicle tracking systems for better fleet management Plan panel proposes non-countervailable export incentive schemes to thwart US, EU obstacles Core sector companies seek tie-ups for investments abroad EEPC crafting 5-year export strategy WTC Mumbai to take out trade mission to China from September 18 BCC&I meet on VAT today

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JUNE 9, 2005
IBF finds basis for "meaningful" talks Ebin shipyard to build Ulstein P106 vessels Peel Ports buys Mersey Docks TNWA makes Peak Season enhancements UNHCR thanks Maersk ship Zenon Sdougos dies

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JUNE 9, 2005
Stolt Nielsen Transportation orders 44,000 dwt products tankers Ulstein makes Brazilian breakthrough

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JUNE 9, 2005
Port of Vancouver, USA slates Columbia Gateway work sessions Panama Canal working on locomotive tow track upgrades Crowley board taps Warner as new vice president/treasurer Eelgrass project a success at Port of Bellingham harbor Ports of Los Angeles/Long Beach online to complete monitoring scheme

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NYK fails in Ceres Paragon bid THE Japanese liner giant has lost its bid to buy the outstanding shares of the Ceres Paragon Terminal in Amsterdam. Mersey Docks falls to £771m Peel cash offer MERSEY Docks and Harbour Co is to be sold to Peel Ports for £771m ($1.4bn), the two companies agreed yesterday. PSA eyes link with Hutchison SINGAPORE company PSA International will buy a 20% stake in Hutchison Port Holding's flagship facility, Hongkong International Terminals, for $800m, according to a local news report, writes Sam Chambers in Hong Kong. Dubai Ports on cusp of Aden coup DUBAI PORTS looks set to take over management of Aden Container Terminal and other activities at the port of Aden, after Yemen named the company as its preferred bidder late Wednesday. NYK loses Ceres port court case A COURT case brought against CNK Trust, the joint shareholder of Ceres Con- tainer Terminals Europe, has been dismissed on all counts, writes Helen Hill in Amsterdam. Maersk master praised by UN for refugee rescue THE rescue of 27 men and boys adrift in a small boat off the coast of Sicily by a Maersk Sealand containership has been praised by the UN High Commission for Refugees after several British tabloids had attacked the master of the Clementine Maersk for sailing on to the UK instead of going to a nearer port.

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JUNE 9, 2005
EC calls for end to bickering THE European Commission has hit back at industry criticism over its regulatory policies and called for an end to the political bickering witnessed over recent months Casino cruise gamble fails ST TROPEZ Casino Cruises has been declared bankrupt and repatriation of the 170 crew from its vessel is the top priority for bankruptcy trustee Ken Welt Norway 'has neglected shipping' THE Norwegian government has been neglecting its shipping industry, Viggo Bondi, head of the Law Division at the Norwegian Shipowners' Association, told Fairplay Ecodock finally gets funding THE world's first environmentally friendly demolition yard has finally received the go-ahead after funding for the Eemshaven, Netherlands, yard was approved Baltic Sea direct calls soon DEEP sea container services into the Baltic Sea will happen within a year or two, Friedrich Messerschmidt, managing director of K Line Germany, predicted today Tanker giants on the way Oil business conducted in euros? Chemical stand-off ends Keep port security plans up to date Engine fire off New York Rogue wave survivor in court Mersey Docks take-over agreed Minister assures Norwegian shipping Class rules clash 'not safe' US denies extending influence

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JUNE 9, 2005
PSA buys second HK stake: Report Hutchison Whampoa will sell stake in Hongkong International Terminals (left) to Singapore's PSA, according to newspaper report. New South Jersey port planned World Trade Institute closing its doors New short sea for Halifax RILA: Don't quit WTO Liverpool agrees to takeover India-bound rate hike Euro air freight off Höegh orders new ships

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JUNE 9, 2005
First blood to Kritikos in Ceres Paragon court battle Amsterdam's District Court ruled today that CNK Trust did not have to sell its 50% share in Ceres Container Terminal Europe (CCTE), the parent of Ceres Paragon Terminal (CPT). DPI wins Aden Terminal contract Executive sources in the Middle East are awaiting confirmation that MSC will commit to cargo to Dubai Ports International (DPI)'s latest acquisition in Aden. Bolloré puts US$600m price tag on Delmas and OTAL Hutchison sells Kwai Chung share to arch rival Jacques Barrot calls for road-rail 're-equilibrium', following Frejus fire 'Very busy' season predicted for USWC, as TNWA reinstate peak-season services Southampton booking system goes live, with slots to spare Melbourne seeks permit for trial dredging Russian Railways: freight freedom from cross-subsidy in 2007? NSW Government targets freight congestion cures Electronic products fuel Korea's export growth Kitakyushu agrees rate cut with Inchon SITC deploys news ships on two services PSA orders 40 RTGCs

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JUNE 9, 2005
Todd's earnings jump More navy work plus better margins on commercial contracts lift full-year results at US west coast yard. TOP wants more pop US-listed Greek company wants shareholders to OK doubling of its authorised common stock to fuel growth plans. Elbow room Knightsbridge asks shareholders for "flexibility" in business plan, including permission to do mergers. Tug reaches ro-ro Crew of 20 did not need evacuation after vessel's CO2 system stifled engine-room fire. 'Calle Steen is easy' Nordea will finance ships too old for other banks to touch, disclose K/S arrangers. Nordea's Carl E Steen admits to the charge. Mossberg preaches maintenance Intertanko's vetting chief says it is vital to keep vessels in peak condition. Stolt returns to newbuild market Chemical tanker operator will pay out $230m for new order at Shin-A. DFDS enters enclave Danish ro-ro owner lines up call in Russian Baltic territory of Kaliningrad. Quadrant returns to Peters Global Hanseatic subsidiary on the verge of placing orders for three feederships. Limarko tightens grip on reefers Lithuanian company builds stake to more than 90% in former Klaipeda Transport Fleet. Hoegh adds four more Norwegian owner's car carrier newbuilding series reaches 20 with Tsuneishi order. St Tropez teeters on brink US casino cruise company looks destined to go into liquidation. SCI on the prowl Indian owner considering move for an overseas company to expand operations. Mersey Docks agrees takeover UK ports and feedership operator recommends offer from rival Peel Holdings. Kiperousa refloat attempted South African officials give the nod to salvors despite oil on board. Fredriksen orders anchor handlers Norwegian shipowner adds to tally in Singapore with two 75-metre vessels at Jaya Shipbuilding. Swift backs hazardous waste lists Intertanko chief pledges to help safe delivery of ships to breakers. Hong Kong holds eight Boxships and bulkers dominate detention list of ships falling foul of port state control during May. People are key to success Knowledge is more important than steel, Wilhelm Wilhelmsen tells Nor-Shipping. Intertanko calls for wider focus Chairman Stephen Van Dyck says tanker industry is only as good as last accident. Nico swallows Bue Deal will place buyer among top ten offshore support companies in the world. Fire disables ro-ro ship Camilla Desgagnes adrift off New York's Long Island after fire disables ship's engine room.

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JUNE 9, 2005
New World Alliance fine tunes Pacific services for peak season Maersk Sealand quits West Coast of South America discussion agreement Michigan implements ballast water legislation for ocean cargo ships Yang Ming christens 1,500-TEU ship Casa China joins INTTRA Boeing projects $2.1 trillion commercial plane market through 2024 IATA disappointed that Africa-aid tax proposal remains Amended rules proposed for truck cargoes California shipper pays $700,000 fine for export violations UTi's revenues, profits jump Port of Los Angeles hands out more cash to replace old trucks Panama Canal improves tow tracks

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JUNE 9, 2005
DNV and RS to cooperate Classification societies Det Norske Veritas (DNV) and the Russian Register of Shipping (RS) has signed a dual-class agreement to ... Wallenius to lengthen a further six car carriers Wallenius Lines is considering lengthening a further six car carriers by 28.8 metres each to increase their capacty by 1,200 ... Deal to attract Russian officers to Norwegian vessels The Norwegian Shipowners' Association (NSA) and the Makarov University in St. Petersburg are close to a deal to secure more ...

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JUNE 9, 2005
Limited demand prompts softening in Pacific Northwest With good avails, limited demand, and uncertainty over crude prices, suppliers were competing to move product. Bunker supplies replenished as strike is averted Proposed 10-day strike at key feeder refineries to the Greek bunker market averted. Shipowners face extra costs in the US from MARPOL ripple effect Bunker suppliers in the United States are meeting shipowners' MARPOL Annex VI requirements for documentation and sampling, but advise of extra cost for onboard inspectors and are concerned about safety. Crude oil rebounds on fresh supply worries Crude oil prices rebounded today after three straight days of losses as attention once again switched to the ability of producers to meet the demands of refiners. Salvage crew to attempt refloat with bunkers still onboard The South African Maritime Safety Authority (SAMSA) has said that an attempt will be made to refloat the grounded bulk carrier Kiperousa without removing the fuel on board the ship. Rotterdam market stable ahead of Midday Aegean expands further with new US office Rapidly expanding Aegean Marine Petroleum SA boosts global presence with new office in the US. Singapore: Fuel oil stocks dip, middle distillates plunge