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Lines press ahead with Mexican port plan
CONTAINER cargo bottlenecks that kept loaded transpacific container ships waiting for over a week at key US west coast ports during last year's peak season have spurred plans to build a US$1 billion port complex in neighbouring Mexico.
China ports riding high on resilient shipping boom
ROBUST China trade is prolonging an upcycle in the global shipping sector, benefiting mainland ports and related firms queueing up for IPOs to raise billions of dollars for new berths and towering loading cranes.
CSCL's Q1 revenue surges 39%
CHINA Shipping Container Lines Co Ltd said yesterday its first-quarter revenue rose 38.7 per cent as trade increased and it charged more to ship containers around the world.

Air and Land Transport

Dangers that unchecked piracy poses in South-east Asia
IT is very depressing. We are back in a situation where merchant ships carrying on their legitimate business in the waters of South-east Asia run a very real risk of attacks by pirates.

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Shipping News

Lines press ahead with Mexican port plan
CONTAINER cargo bottlenecks that kept loaded transpacific container ships waiting for over a week at key US west coast ports during last year's peak season have spurred plans to build a US$1 billion port complex in neighbouring Mexico.
China ports riding high on resilient shipping boom
ROBUST China trade is prolonging an upcycle in the global shipping sector, benefiting mainland ports and related firms queueing up for IPOs to raise billions of dollars for new berths and towering loading cranes.
CSCL's Q1 revenue surges 39%
CHINA Shipping Container Lines Co Ltd said yesterday its first-quarter revenue rose 38.7 per cent as trade increased and it charged more to ship containers around the world.

Air and Land Transport

Dangers that unchecked piracy poses in South-east Asia
IT is very depressing. We are back in a situation where merchant ships carrying on their legitimate business in the waters of South-east Asia run a very real risk of attacks by pirates.

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OOCL, Canada Maritime sell slots on Montreal-N Europe service US suspends wooden craft imports from China TPG changes name to TNT China railways to add 11,000km of track by 2010 MOL to offer new service between Thailand, Vietnam and China CPG service drops Chiwan, returns to Yantian port Hapag-Lloyd welcomes 8,750-TEU newbuilding Mauritius to host international ports, logistics conference UPS expands logistics operations in Singapore by 50pc Continental seeks permission to operate NY-Shanghai flights Boeing Dreamliners prove a hit with Korean Air ABX Air applies for Nasdaq listing

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SCOPE post for DCI Chairman Maritime policy soon, says Baalu DCI among top 10 PSUs-Crisil survey GE Shipping takes delivery of AHTSV Baalu to inaugurate int'l maritime expo (INMEX 2005) in Oct. FEFC raises westbound rates India, China target $ 30 bn in trade by 2010 Over a billion dollar in deals Corporate India making rapid forays into non-traditional markets Shipbuilding yards now ship-shape CONCOR launches customer-friendly initiative De-bonding procedure for EOUs simplified Sudhir Trehan elected new chief of CII-WR One-to-one meeting with Korean team today Seminar on 'Investment Opportunities in Vietnam' today

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APRIL 12, 2005
FUJCON: Europe will 'lead the world into new era' James Hill of Avin tells FUJCON delegates about the significance of the European bunker market and how impending sulphur legislation may affect Europe and subesquently other markets. 'Jewel of Arabia' sees more room for growth During his opening address at the fourth International Fujairah Bunkering and Fuel Oil Conference (FUJCON) today, Dr. Mohammed Saeed Al-Kindi, Ruler's Office, Fujairah, painted a bright picture of the port's future. Global tanker fleet grew at fastest rate since 1970s The world's fleet of oil tankers grew at its fastest rate since the 1970s due to owners taking advantage of rising freight rates. ADNOC makes spot exports, continues to sideline in bunker market ADNOC sells spot fuel oil cargo for export, remaining temporarily on the sidelines in Fujairah's bunker market. Former Shell VP to join Vopak board Firm performance at the Port of Tanjung Pelepas Container volumes up at Port of Tanjung Pelepas, more capacity to come online soon. Onboard blending...A low-sulphur alternative? Onboard blending put forward as a viable alternative to burning 1.5% sulphur fuel oil in Sulphur Oxide Emissions Control Areas (SECAs). Single-hull involved in oil spill at Mombasa harbour 150 tonne oil spill reported in Mombasa after single-hulled tanker crashed into dock. Singapore: MPA warns against corruption Tough action will be taken by the Singapore authorities against bribery and corrupt bunkering practices.

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Comdata teams up with Rair on driver logs USA: Homeland Security increases Arizona border patrols 2004 successful for Pacific CMA Germany: toll reduction for diesel particle filters? Emirates to construct record-breaking maintenance facility MOL launches new intra-Asian service NedCargo International: new operational manager

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APRIL 12, 2005
CMA-CGM charters space from CP, OOCL DOF orders at Promar Seatruck Ferries MOL in intra-Asia space charter

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APRIL 12, 2005
DHS awards $5 million in ferry security grants Coast protection vessel Abeille Bourbon enters service Cal-Dive buys $125 million of Stolt Offshore assets ABB wins $80 million in marine orders Major LNG ship engine order for Wartsila

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Greek owners fire broadside at Brussels Greek shipowners have again turned their fire on the European Commission, alleging that Brussels' policy towards the industry contradicts the policy objectives of the EC's own president. Haji-Ioannou's right-hand man quits ahead of easyCruise launch Entrepreneur Stelios Haji-Ioannou faces a heavier personal involvement in the upcoming launch of his easyCruise venture after the resignation of longstanding right-hand man George Karageorgiou, Lloyd's List has learned. New kids on the block eat into margins of German ship finance banks LEADING German ship financing banks are complaining about pressure on their margins, following fierce competition from foreign banks on their home market, writes Katrin Berkenkopf in Hamburg. Wärtsilä secures Samsung deal as ABB clinches $80m contracts SHIP propulsion giant Wärtsilä has secured a contract to supply Samsung Heavy Industries of Korea with 24 dual-fuel engines, at a price tag the Finnish concern refuses to disclose. Tanker owner fined $1m for Mombasa spill THE Kenyan government has fined the owners of an Indian tanker Shilling78m ($1m) after a crude oil spill at Mombasa.

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APRIL 12, 2005
BHP Billiton pushes for ore premium BHP Billiton is demanding a premium of $7.50-$10 a tonne on top of the 71.5% increase in the price of iron ore already won by rivals Rio Tinto and Brazil's CVRD, according to a report in today's Australian Financial Review Two crew dead after inhaling gas TWO Japanese seafarers died after being overcome by hydrogen sulfide gas in the tank of a coastal chemical tanker at Okayama Port Indonesia pledges to improve ports INDONESIA has pledged to improve port inefficiency and corruption and reduce terminal handling charges to make exports more competitive Truck strike hits Buenos Aires OPERATIONS are once again being hampered in Buenos Aires ' this time by striking truckers ' despite the resolution of an earlier labour conflict with tug crews Drifting LNG carrier taken in tow A drifting LNG carrier was taken in tow by a French tug this morning and is heading for Barcelona, Spain Bodies found in bulker hold TWO bodies were discovered in the cargo hold of the bulker Ocean Belle when it docked yesterday morning in Tampa, US, after returning from the Dominican Republic Chantiers LNG to be 18 months late Star breaks into India Sardinians refuse ISPS investment Singapore responds to bunker fraud French repairer Soreni goes under Gorgon LNG set for 2010 Twelve interested in SNCM

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APRIL 12, 2005
No policy hurting U.S. shipbuilding American shipyards hurt by lack of national maritime policy that has caused deadlock between builders and carriers serving United States domestic trades. Record revenues help NOL profits double Evergreen sets China unit VOs hit hit EU 'green' rules Record U.S. trade deficit Rate rise for CSCL Unions plan French shipping strike Portland import lease for Hyundai Industry should take security lead: Quartel AA- rating for NY/NJ PA bonds "K" Line targets Atlantic bulk market

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APRIL 12, 2005
Letter of intent puts PONL on course for VTE investment P&O Nedlloyd (PONL) and PSA Corporation subsidiary Voltri Terminal Europa (VTE) have signed a letter of intent that could see the Grand Alliance leave La Spezia for Genoa. APMT Rotterdam contemplates penalty for ID card refuseniks A.P. Moller Terminal Rotterdam (APMT-R) is considering penalties for container-hauliers for not adopting Rotterdam's port-wide 'CargoCard', said terminal director Nick Fisher. Safmarine and DAL accede to pressure for Durban surcharge drop US trade deficit widens but volumes still increasing CN signs accord with US locomotive engineers Russian Railways signs another JV, with Railion Offen confirms options on eight vessels Mercosul to resume Montevideo calls Maersk/Hutchison alumnus to spearhead ICTSI entry to China Feeder service to link Subcontinent to Iran CN Rail introduces instant carload prices USCG issues final rules on crew manifests Outsourcing sees Gunsan volumes nose-dive ELAA assessment published by Competition Commission

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APRIL 12, 2005
Six fixed OMI takes on three new time charters, extends three more for products fleet. Teekay 'buys' $70m suezmax Newbuilding may not be the bargain it first appears, but at least Teekay can trust the seller. Deutsche Bank lifts profits 40% KG funds and good old-fashioned mortgages propel Tjark and Torsten to record result. Owners must spend to save US policeman says operators cannot stint on environmental compliance if they want to avoid fines. Dozen line up for SNCM Bidders including seven shipowners express interest in buying a slice of state-owned French ferry operator. Wall warns on fatigue IMO safety chief cautions on bureaucratic overload facing agents Farstad takes up option Norwegian owner adds third anchor-handler newbuilding at Aker Yards. Stuve admits burning papers The former principal of Norway's bankrupt Tordenskjold admits he burned company papers. Boxships held Hong Kong detained 10 ships in March that failed port state control inspections. Bulker repulses pirates Russian crew of Murmansk Shipping chartered vessel fight RPG attack off Somalia. Dispute hit VLCCs trade spot Frontline tankers bring in the dollars as Pertamina controversy heads to the courts. Kenya levies spill fine Indian aframax owner faces $1m claim for polluting Mombasa harbour. Mipo prices latest order Claus-Peter Offen will shell out $40.75m per containership, as yard finds its hands full for next three years. Transneft wants solution Russian pipeline company calls for regulated tanker transits through Bosporus. CSCL makes stellar start China Shipping's boxship arm sees massive surge in first quarter revenues and container volumes. Maersk under fire in Apapa Danish giant's bid to run Nigerian port is being undermined by rivals. Grabowski joins DVB Onetime Delmas greenhorn joins German transport bank - but in its aviation division. Baltic and Northern seal pact St Petersburg shipyards will divide civil and military business between them. Wartsila in LNG engine bonanza Finnish group to supply 24 engines for six gas carriers on order at Samsung Heavy Industries. DOF returns to Aker Promar Brazil yard secures more work from Norwegian offshore specialist in the shape of an anchor handler. K Line fixes out VLCC Newbuilding due for delivery in December 2006 fixed to shipping arm of Idemitsu oil company.

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APRIL 12, 2005
New Hapag-Lloyd vessel "world's largest containership" North Europe/Montreal ship capacity cut again China Shipping's first-quarter revenue jumps 39% CCNI expands fleet Evergreen adds Yantian, drops Hong Kong from Pacific loop MCC Transport joins INTTRA "K" Line to charter out VLCC McCoy retires from Continental CN launches carload pricing tool Bush administration takes anticounterfeit initiative to Asia TSA chief Stone steps down U.S. soybean shippers support CAFTA ratification PierPass launch date slides to late July WTO adopts ruling on Korean shipbuilding measures ICTSI hires former Maersk (China) executive to head China expansion Port of Redwood City posts 28% cargo increase DAL, Safmarine suspend Durban surcharge

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APRIL 12, 2005
Strike in Finnish ports postponed The strike warning given by the Transport Workers' union in Finland (AKT) has been postponed with two weeks. Now, unless ... Aker Yards sign two more supply vessels Aker Yards has signed contracts for another two supply vessels worth around NOK 550 million. The first is between Aker ... Seatrans book contract for another chemcarrier Chemical tanker and forest product carrier operator Seatrans has booked in another 8,800 DWT chemical tanker to be delivered from ...