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Shipping News

Seafarers resent being treated like potential security threats
A major survey of the world's seafarers has revealed 'widespread resentment' by seafarers at being treated as potential security threats and not allies in the fight against terrorism.
Stronger piracy warnings for ships off Somalia
THE United States and international maritime authorities have boosted already dire piracy warnings for vessels off the coast of lawless Somalia following a surge in attempted hijackings.
Asia freight rates fall to 2-month low
FREIGHT rates from the US Gulf to Asia fell to a two-month low yesterday on concerns over falling demand for ships amid a slowdown in iron ore and coal cargoes.
MISC posts 5.4% rise in Q2 profit
Mitsui OSK to sell 13% stake in Nippon Cargo

Strait Talk

Gulf glut hardly cheers S'pore yards
THE long-term prospects for the shiprepair business in Singapore do look rosy in the light of an assessment made recently by the boss of Bahrain-based shipyard ASRY.

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Shipping News

Seafarers resent being treated like potential security threats
A major survey of the world's seafarers has revealed 'widespread resentment' by seafarers at being treated as potential security threats and not allies in the fight against terrorism.
Stronger piracy warnings for ships off Somalia
THE United States and international maritime authorities have boosted already dire piracy warnings for vessels off the coast of lawless Somalia following a surge in attempted hijackings.
Asia freight rates fall to 2-month low
FREIGHT rates from the US Gulf to Asia fell to a two-month low yesterday on concerns over falling demand for ships amid a slowdown in iron ore and coal cargoes.
MISC posts 5.4% rise in Q2 profit
Mitsui OSK to sell 13% stake in Nippon Cargo

Strait Talk

Gulf glut hardly cheers S'pore yards
THE long-term prospects for the shiprepair business in Singapore do look rosy in the light of an assessment made recently by the boss of Bahrain-based shipyard ASRY.

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Delmas, MOL to start new Asia-E Africa service Hapag-Lloyd christens new mega vessel Safmarine to bolster Asia-Africa offerings Projects to help raise Hamburg's capacity to 17.7m TEU by 2015 Hamburg Sud to upgrade Asia-Americas services ILFC orders twenty 787s Schenker comes up with new standard for services Frankfurt handles 10 per cent more freight in October Lufthansa Cargo lowers fuel surcharge

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m. v. MOL Ambition makes maiden call at Tuticorin on NTX service Another LPG vessel to join Varun Shipping fleet this week Shipping cos move court against strike by seamen: PF issued Tariff cuts have no impact on imports-study JNPT honoured with 'Best Port Authority' award Nil pendency of ICD boxes at VCT MoS confirms Janardhana Rao as Chairman of Kandla Port Trust TAMP may soon clear tariff hike at Chennai Port Dredging at New Mangalore Port proceeding at fast clip Cathay to fly daily to Delhi, Mumbai NHAI may be allowed 'freeway' Chidambaram upbeat on achieving RBI's projected economic growth rate Congo Minister beckons Indian investors BOOK REVIEW - A handy guide to accessible logistics

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NOVEMBER 22, 2005
Navin appointed OAG director of cargo services Safmarine enhances Asia-Africa service network Business as usual at Domodedovo despite adverse ruling ECT gains majority stake in Duisburg Inland Terminal TNT and Cosco to partner joint Asia/Pacific development Michigan parliament raises truck speed limits Sisa and Inet-Logistics to cooperate closer

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NOVEMBER 22, 2005
Viking Line signs LOI for passenger ferry ITF supports port protest MOL and Delmas in East Africa Asia joint service Safmarine upgrades Asia-Africa network North of England sets 7.5% increase

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NOVEMBER 22, 2005
Third tank of capsized barge breached Noble to complete Bingo 9000 hull

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Saga of ports directive descends into farce INDUSTRY withdrew support for the European Union's port services directive yesterday following almost farcical scenes in the European parliament. Brussels tones down Erika 3 proposals FRANCOIS Lamoureux's attempts to remove limited liability for shipowners has been scuppered at the 11th hour, sources said yesterday, writes Justin Stares in Brussels . Rotterdam hit by industrial action The Port of Rotterdam was hit by limited delays as Smit harbour towage employees called a 12-hour strike on Tuesday, writes Helen Hill in Amsterdam. Indian lines seek writ against seafarers' strike INDIAN shipping lines have gone to court to try to head off a strike called for Friday by seafarers demanding a recoup of a Rs1bn ($22m) loss suffered by the Seamen's Provident Fund in securities trading on the stock exchanges, writes Shirish Nadkarni in Mumbai. New link for Europe and Australasia CMA CGM is teaming up with Hapag-Lloyd and CP Ships in two new services linking Europe with Australia and New Zealand, writes Janet Porter. Hamworthy targets £17m for growth HAMWORTHY is set to raise £17.5m ($30m) with another share placing at a price of 285p per share to fund organic growth and strategic acquisitions, the company said yesterday. Lloyd's List online gets ABCE approval WOULD YOU drive a car without an MOT? Fix a ship without an ISM certificate? Enter the US without ISPS compliance?

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NOVEMBER 22, 2005
Ports directive decision deferred THE future of the European Commission's contentious Port Services Directive rests on a knife edge following a series of inconclusive votes today in the European Parliament The Black Sea is dying THE Black Sea is dying, the chairman of Turkey's marine environment watchdog told delegates at the LSE Turkish Shipping conference heard today Handysize demand outstrips supply THE Handysize sector is increasingly imbalanced, delegates to the LSE Turkish Shipping conference in Istanbul heard today New York ship shares remain active SvitzerWijsmuller opens in S Africa Piracy: Colombia India concerned by PSC detentions Asians awarded Prime scholarships Tankers proposed for Baltic refinery Terekhin launches Novoship purge Officer shortage causing ISM misery Tesma, Stromme in merger talks Singapore stays ahead of rivals

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NOVEMBER 22, 2005
Key WTO nations meet to save summit As farm issues remain, hopes to salvage a framework deal to avoid collapse of December's Hong Kong summit. Wednesday is last day for Customs' Bonner Wilmington adds Zim Med service New CFO for Port Canaveral Third cut for Lufthansa fuel charge Port capacity a top issue, says Asian official Record for Brazil farm exports Kitty Hawk adds to ground network

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NOVEMBER 22, 2005
Terminals vent anger at Jakarta's demands for back taxes Indonesian ports have been hit by back taxes from 2003 that could mean the facilities are forced to pay up to US$75bn in duty dating from 2003. UPDATED: Port-players decry passage of un-amended ports package A series of contradictory votes by the European Parliament's Transport Committee has sent the Ports Package to the next stage un-amended, giving port-players the impression that debate has had no effect. Largest importer has 4,000 boxes on Australian docks CMA CGM spins two round-the-world services into two pendulums Australian stevedores too profitable, ACCC finds SYMS launches China/Japan/Vietnam service Russian trades lift FESCO Americas coverage split in Hamburg Sud January shakeup Bremen-Boston service to inaugurate new Bremen shortsea terminal Kutch rail link to reduce cargo miles Ranong Port targets Bengal cargo New German transport state secretary named

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NOVEMBER 22, 2005
Exmar signs for fifth LNGRV Belgian owner to split ownership 50-50 of this regasification vessel and fourth ship 50-50 with Excelerate Energy. Disdainful of dividends? Then Estonian ferry operator Tallink could be just the initial public offering for you. Fesco builds volumes Russian boxship owner records more business on routes to China in first nine months of 2005. Eitzen gets into supply Reverse takeover set to make Stromme part of the ship management business of Norwegian shipowing group. MOL sells to NYK Japanese giant to bow out of Nippon Cargo Airlines after rival NYK ups stake. Sanoyas struggling Better second quarter, but Japanese yard can't translate operating profit into net earnings. MISC marches on Malaysian shipping giant lowers its costs and raises profits in first half to 30 September. Suez confirms MOL LNG ship Final long-term charter deal for trader's Yemen LNG volumes inked in. Tallink confirms Silja interest Estonian ferry group will consider bid for Sea Containers' struggling Finnish line.

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NOVEMBER 22, 2005
MISC second quarter profits up 14.7% Salvage operations resume for capsized oil barge in Gulf DOT commits $337 million to upgrade O'Hare Schenker standardizes global air freight services Towne Air Freight becomes Cargo 2000 associate member Canada adds lane at Niagara Falls bridge to speed trucks Forwarder owing for misdelivered cargo can collect from 3rd-party New York NVO pays fine for alleged U.S. antiboycott violations Tan named chairman of Famous Pacific Shipping Bonner: Industry partnership key to cargo security RILA urges DHS to follow C-TPAT model Three shippers pay fines for U.S. export violations ICC survey predicts 'moderate' global economic upturn Simon Group, Norfolkline sign terminal agreement DP World orders more Kalmar container handlers

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NOVEMBER 22, 2005
ISPS hurts seafarers says ITF The ISPS Code is improving security on the expense of seafarers who are increasingly overworked and treated with suspicion. The ... Seven vessels detained in Sweden During the period January to October, the Swedish Maritime Administration carried out 566 port state inspections. Deficiences were found in ... Camillo Eitzen to control Strømme Strømme ASA and Camillo Eitzen (CECO) has signed a Letter of Intent (LoI) which implies that Strømme will mak a ...

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NOVEMBER 22, 2005
Buyers pay premium in Jacksonville, Savannah Delays in resupply leaves supplier low on product and buyers stemming low-sulphur fuel at a higher price. Jamaica looks to bunker and port expansion New bunker barge may be required with increasing demand for bunkers in Jamaican ports. Vancouver fog leaves vessels without bunkers Fog hampering barge deliveries this week and some ships departing without stems. UAE oil minister confirms Fujairah refinery plans Minister reiterates Fujairah refinery plans and says the UEA will boost crude production too help ease global supply fears. Rotterdam port growth boosted by oil trade The port of Rotterdam beats throughput growth prognosis with oil products rising sharply. ICS secretary general calls for cleaner bunker fuels Shipping industry urged to use its power to put pressure on oil companies to develop cleaner bunker fuels. Spanish court ruling favours supplier A bunker payment dispute originating in 1992 has been settled in supplier's favour despite charterer going bust. US-based supplier wins $18.5 million DoD marine fuel contract Five-year supply contract attracted 43 bids. Rotterdam bunker market firm and heavily committed Supplier moves closer to double-hulled fleet Newbuild barge to enter service this month moves Argentine company one step closer to fully double-hulled fleet. Third fuel tank leaking on capsized barge A damage assessment of the K-Sea Transportation-owned barge that leaked oil into the Gulf of Mexico has revealed that three, not two, cargo tanks were breached.