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Shipping News

Iran expanding shipyard scope and capacity
LIKE many of its Middle East regional neighbours, Iran is expanding its shipyard capacity and scope to higher-end newbuilding projects.
Strait nations launch 'Eye in the Sky'
FOUR South-east Asian countries launched a landmark joint air patrol programme yesterday to prevent pirate attacks in the Strait of Malacca, through which half of the world's oil is shipped.
AP Moeller, 6 other cargo lines to raise ship fuel levy to US
AP Moeller-Maersk A/S, the world's largest container shipper, and six other cargo lines said they will raise fuel levies for shipments to and from the US to recover part of their costs from record fuel prices.
Tianjin Dev applies to sell container-port unit shares
4 workers suffer burns in ship fire
Harbouring goodwill

Strait Talk

The consortium strategy
LINER conferences are bad but consortia are good. At least that appears to be the view of the European Commission bureaucrats who are looking at the liner shipping's exemption from anti-cartel laws.

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Shipping News

Iran expanding shipyard scope and capacity
LIKE many of its Middle East regional neighbours, Iran is expanding its shipyard capacity and scope to higher-end newbuilding projects.
Strait nations launch 'Eye in the Sky'
FOUR South-east Asian countries launched a landmark joint air patrol programme yesterday to prevent pirate attacks in the Strait of Malacca, through which half of the world's oil is shipped.
AP Moeller, 6 other cargo lines to raise ship fuel levy to US
AP Moeller-Maersk A/S, the world's largest container shipper, and six other cargo lines said they will raise fuel levies for shipments to and from the US to recover part of their costs from record fuel prices.
Tianjin Dev applies to sell container-port unit shares
4 workers suffer burns in ship fire
Harbouring goodwill

Strait Talk

The consortium strategy
LINER conferences are bad but consortia are good. At least that appears to be the view of the European Commission bureaucrats who are looking at the liner shipping's exemption from anti-cartel laws.

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HK container throughput up 3pc in Q2 Cosco unit in HK starts operations Shipping industry going through `unprecedented' times: OOIL chairman Port of New Orleans reopens to limited commercial cargo Shippers want Malaysian Customs to modernise further Hainan Airlines sells stocks to 4 Taiwanese firms CX suffers weakening airfreight demand TNT depots gain TAPA accreditation

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TNWA extends Alliance Agreement by 5 years PWC Logistics acquires GeoLogistics Corp New Orleans port opening gradually PSA forms JV with "K" Line, Yang Ming, Hanjin at Antwerp terminal UK Club's man in Singapore NYK Logistics gains African foothold GE Shipping inks deal to sell Jag Prakash Shipping industry presses for LNG transport on FOB basis Mercator opts out of port activities 31-member IMC business mission in Pakistan Gulf-based NRIs eye handloom sector for outsourcing, investment 4 new berths to be constructed at Haldia entailing Rs 150 cr.'Baalu MMB plans to rope in private sector to develop smaller ports Centre clears decks for Kandla Port Trust's mega expansion plan Railways haul 262.95 m tonnes during April-August CONCOR plans to set up 4 more ICDs this fiscal XPS Global ties up with freight forwarders in 4 countries Exports ride floods to post robust 25 pc growth in August Assocham study sees sea change in global trade scenario Exim Bank to issue bonds for Rs 2,000 cr. soon FCNR accounts in SEZ OBUs may be allowed Pluck the fruits of globalisation, exhorts RBI Dy Governor EU gives nod for common DNA protocol for basmati Industrial production posts 6.7 pc growth in July BOT pact on meerut-muzaffarnagar section of nh-58 signed Forex reserves up by $ 623 million to $ 1,43,841 million

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SEPTEMBER 13, 2005
Keck new head of Traxon Europe MOL (China) opens Shijiazhuang office Increased cargo screening activities by Swissport USA European Bulls enlarging European railfreight network Share buy-back by EGL Gulf industry urges customs authorities to follow AGCC rules

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SEPTEMBER 13, 2005
New Orleans reopens Katrina insurance loss estimates "to take months" IUMI Conference Maersk ship praised for refugee rescue

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Katrina destruction pushes energy insurance premiums to new peak HURRICANE Katrina has already begun to have a sweeping effect on the whole gamut of marine and energy insurance, it has now become clear. Littoral states launch airborne pirate patrol over Malacca Strait JOINT air patrols of the Malacca Strait between Thailand, Malaysia, Singapore and Indonesia started yesterday as hot pursuit across borders in co-ordinated sea patrols moves closer to reality. LCH.Clearnet latest entrant in FFA fray ANOTHER salvo in the war for liquidity in the Freight Forward Agreement market opened yesterday with the launch of clearing services by London-based LCH.Clearnet. Hurricane cruiseship cancelled as Greece gets 'cheaper offer' GREECE appears to have cancelled plans to hire the elderly cruiseship Ocean Monarch as part of a package of aid Athens is lining up for the victims of Hurricane Katrina after receiving a cheaper deal from a local ferry company.

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SEPTEMBER 13, 2005
New Orleans handles first vessels NEW Orleans' port handled its first commercial cargo yesterday since Hurricane Katrina's rampage and sources there hope to begin container operations tomorrow Manning levels 'must change' THE way manning levels are determined needs to be changed if crew fatigue is to be reduced, believes Arthur Bowring, MD of the Hong Kong Shipowners Association Mexico's Fox welcomes foreigners PRIVATE investment in Mexican energy exploration and production would be allowed under a proposal from President Vicente Fox Katrina may scupper green policy LOW Sulphur diesel fuel will now be used by Evergreen at its Tacoma terminal ' if they can find it India tackles 'unfair' detentions INDIA'S directorate general of shipping has raised 'concerns' about ship detentions abroad on flimsy reasons Carnival charters finally pay off CARNIVAL Cruise Lines' charter to the Federal Emergency Management Agency (FEMA) is finally paying off for the Katrina relief effort Piracy: Jamaica Irish minister looks ahead Union move for Vancouver truckers Labour supply figures delayed Dieppe stevedore fears bankruptcy All change in Oslo TMN may go to Thai tanker majors Japan owners probe asbestos illness China to cut oil imports Cabotage boosts Indonesian fleet

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SEPTEMBER 13, 2005
North Carolina ports shut ahead of storm The Coast Guard closes the ports of Morehead City and Wilmington to all traffic at 5 p.m. today ahead of the uncertain arrival of Tropical Storm Ophelia. New Orleans: Rail, air cargo service back Project carrier Transoceanic returning to Crescent City ILA's Cernadas pleads guilty, will resign Lumber groups sue over NAFTA legality U.S. could cut tariffs to aid storm rebuilding New Orleans to start repairs to key I-10 truck route ILA relief begins flowing Houston gets largest port security grant TACA hikes bunker charge again IATA: Airlines to lose $7.4B

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SEPTEMBER 13, 2005
Supply-chain body welcomes fast-track green terminal A proposed green intermodal terminal could move 500,000TEU-1m TEU of Port of Los Angeles (POLA) cargo onto rail, creating real time-efficiencies, according to transport-industry and shipper body the Waterfront Coalition. Nansha to get its first Mediterranean service this year Nansha Port in southern China may see its first Mediterranean service by the year-end, while more international and intra-Asia routes are expected. Stranded Chinese garments will enter EU tomorrow Toll issue comes back to haunt JN Port Hanjin and Global Enterprise join hands in Busan Kombiverkehr and ICA launch new Germany/Hungary shuttle Shanghai Pan-Asia Shipping extends Japan/China service China foreign trade reaches new high in August Mucho gusto at Busto, Hupac's largest Alpine terminal UK protests represent no 'oil-shock' for road haulage Delhi pushes on with Kolkata development Climbing Kaliningrad volumes drive capacity expansion

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SEPTEMBER 13, 2005
Hudner strikes three-year deal Rhode Island owner has fixed 68,000-dwt products tanker on three-year charter with oil company. US Shipping completes tanker deal Former Gus W Darnell will trade as M/V Houston after 35-day drydocking in Singapore. Great Eastern sells Indian owner cashes in on high ship values with opportunistic disposal of modern MR vessel. Turkey told to open ports EU enlargement chief Olli Rehn says Cypriot ships must be allowed to call in Turkey. BC Ferries upgrades veteran Canadian owner saves cash by snapping up Utah lakes ferry for conversion work. Clearing service makes debut LCH.Clearnet launches in London and Paris after initially planning July start. Lindo beefs up staff AP Moller-Maersk shipyard has added 235 workers this year as it looks to boost productivity. Clarkson sins again Shipbroker solves the mystery of who was the undisclosed buyer of the YM Mercury. OMI buying back again Sale of Pecos suezmax to boost funds for US owner's continued acquisition of own stock. Silja axes Finnjet Unprofitable Finnish ferry heading for lay-up when it finishes on Baltic route this month.

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SEPTEMBER 13, 2005
TACA raises bunker rates OMI to repurchase more shares Horizon Lines receives 900 refrigerated containers GAC Shipping restructures alliance agreement Cementhai Chemicals signs with GT Nexus portal IATA deepens forecast for airline losses to $7.4 billion U.S. signs open skies aviation agreement with Thailand FedEx orders six A300-600 freighters Cargolux to open Zurich office Baltimore city council drops hazmat shipping ban hearing from schedule Road repair begins in Louisiana, Mississippi Mississippi needs trucks Waterfront Coalition praises BNSF Southern California gateway project CN, IAMAW sign five-year collective agreement Inchcape receives U.S. Navy logistics contract in Middle East CBP gets first conviction after intercepting illegal citrus cuttings FDA posts guidance for bioterrorism record keeping EC clears blocked Chinese textile imports Philippines to receive $20 million in U.S. rice Mississippi River ports restarting operations GAO: Invasive species in ballast still a threat to U.S. waters EC makes state aid exception for Portuguese shipyard MacGregor receives largest crane order U.S., Canada conduct joint maritime patrols

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SEPTEMBER 13, 2005
Scandlines trouble worsen Scandlines, the German-Danish joint venture company, is again rocked by internal turbulence. The long-running disagreements between Danish board ... "Polo M" bill set to 10 million crowns The costs for the salvage and clean-up operations after the Bahamian-flagged "Polo M" grounding off Slite on the ... Maersk tanker picks up 39 Somalians, 60 died of hunger A. P. Møller-Mærsk's tanker "Eli Mærsk" has saved 39 Somalian refugees from a sinking boat in the waters off ...

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SEPTEMBER 13, 2005
Houston prices plummet Prices fell heavily in Houston today despite steady demand as suppliers looked to cheaper resupply numbers. Deltaven launches new barge in Puerto Cabello Venezuelan supplier ramps up supply operations with a new barge and revised delivery fees. Fuel oil: Jordan to issue sell tender in October Following Jordan's switch to natural gas the country is set to issue a tender to export 200,000-300,000 mt of straight-run fuel oil. Faisal in drive to put Pakistan on bunkering map Faisal explores long term price fix to help owners combat volatile markets, and says it will go for own cargo imports once it has secured storage. Malaysia: Government greenlights KIC bunker island project A formal statement is expected shortly regarding the proposed 1.2 million m' storage and bunkering facility off Malaysia's Port of Tanjung Pelepas Mawashi Al-Gasseem bunker claim to be settled after sale Trader will have to await court's settlement of several claims against the vessel, which has been advertised for sale. Rotterdam barge bids move up Japan: Demand pales ahead of public holidays Japanese bunker traders are bracing themselves for poor bunker demand ahead of the country's public holidays next week. Oil prices continue to head downward World oil prices continue to fall in New York on market expectations that supply shortages will be alleviated with shipments from Europe.