BRIEFS

web site

Shipping News

Hutchison: no plans to sell more port assets
HUTCHISON Whampoa Ltd, the world's biggest container-terminal operator, has more than 10 ports in development and has no plans to sell more port assets, billionaire chairman Li Ka-shing said yesterday.
SATS' April passenger traffic up 9.8%
SINGAPORE Airport Terminal Services Ltd , the ground-handling unit of Singapore Airlines Ltd , said it handled 9.8 per cent more passengers last month, as more people flew to and from the country.
Hyundai, Samsung improve Q1 operating profit
HYUNDAI Heavy Industries Co, Daewoo Shipbuilding & Marine Engineering Co and Samsung Heavy Industries Co, the world's three largest shipyards, improved operating results in the first three months of the year, as record crude oil prices and expanding trade allowed them to charge more for ships.
Bangkok's new airport could open in July: official
Tianjin Port IPO 1,700 times oversubscribed
Vietnam yard gets US$1b Israeli order
Qantas to cut 1,000 jobs to counter fuel prices: CEO

Admiralty Casebook

US liability act leaves no room for other doctrines
AUS court has made what appears to be the strongest statement so far that the per package limitation under the US Carriage of Goods by Sea Act applies regardless of whether the carrier actually notifies the shipper of the US$500 and gives the shipper a 'fair opportunity' to declare a higher value for its goods.

web site

Shipping News

Hutchison: no plans to sell more port assets
HUTCHISON Whampoa Ltd, the world's biggest container-terminal operator, has more than 10 ports in development and has no plans to sell more port assets, billionaire chairman Li Ka-shing said yesterday.
SATS' April passenger traffic up 9.8%
SINGAPORE Airport Terminal Services Ltd , the ground-handling unit of Singapore Airlines Ltd , said it handled 9.8 per cent more passengers last month, as more people flew to and from the country.
Hyundai, Samsung improve Q1 operating profit
HYUNDAI Heavy Industries Co, Daewoo Shipbuilding & Marine Engineering Co and Samsung Heavy Industries Co, the world's three largest shipyards, improved operating results in the first three months of the year, as record crude oil prices and expanding trade allowed them to charge more for ships.
Bangkok's new airport could open in July: official
Tianjin Port IPO 1,700 times oversubscribed
Vietnam yard gets US$1b Israeli order
Qantas to cut 1,000 jobs to counter fuel prices: CEO

Admiralty Casebook

US liability act leaves no room for other doctrines
AUS court has made what appears to be the strongest statement so far that the per package limitation under the US Carriage of Goods by Sea Act applies regardless of whether the carrier actually notifies the shipper of the US$500 and gives the shipper a 'fair opportunity' to declare a higher value for its goods.

	web site

Evergreen uses old name for newbuild China forecast to be ranked sixth in global express market by 2010: report Hefei Customs joins YRD pilot reform programme Chittagong congestion needs to be remedied: GM Westport implements e-loading system Singapore Airport Terminals wins Bangalore deal China Southern to strengthen Dutch connection Singapore to spend S$60m on new aviation park at Seletar Changi cargo traffic grows 4.8pc in April

	web site

Wan Hai plans to launch services to Europe & US East Coast L&T ventures deeper into maritime waters Petronet plans to float separate SPV to acquire stakes in LNG ships Ore export deals with China, Japan on cards India enjoys price edge over China in clothing Europe 2-wheeler exports in top gear Pak links MFN status on trade with Kashmir issue World Bank study team confers with Cochin Port officials PM to hold meeting at VPT tomorrow Exporters want standard spice testing methods in EU STC modifies fumigation norms for wheat imports 6 ha area proposed for setting up biotech SEZs Reliance strikes deal with Cidco to develop Navi Mumbai SEZ Forex reserves swell to $ 162.413 bn Foreign Trade Policy Analysis: Current Trends - By M. Sreedharan

	web site
MAY 18, 2006
Brenntag names Stephen R. Clark as new chief executive APL/Team Lines launch new Baltic feeder service Etihad to double daily flights to Bangkok Pannoncont to become Intercontainer Hungary Deutsche Post World Net starts well in 2006 New Italian minister of transport repeals Messina bridge

	web site
MAY 18, 2006
UK detains ship let go by Italians Concordia VLCC out of action US transport infrastructure "can't keep up" K Line launches New South East Asia feeder service Lash ship revival?

	web site
MAY 18, 2006
Chief Engineer indicted in pollution case LR gives SECA entry advice

	web site
MAY 18, 2006
EPA gives Port of Portland go ahead on T-4 cleanup plan Evergreen takes delivery of new S-type container ship Rail industry sets new low mark for employee casualties in 2005 Port of Tacoma taps Mitchell as new human resources director NCL sees net loss for first fiscal quarter

	web site

Denmark unveils blueprint to join shipping's global elite DENMARK is bidding for a place alongside the world's shipping elite as a global maritime hub and is drawing up plans to attract more industry professionals from abroad to strengthen its skills base. 'Alarming' decline sees Norway tumble to sixth place in world rankings NORWAY'S decline as a shipping power has continued at an "alarming" pace, with its controlled fleet falling to sixth place in a leading international league table. Skagen raises stake in Korea Line Norwegian fund manager Skagen Funds has lifted its stake in Korea Line Corp, the company being stalked by John Fredriksen, to more than 5%. Acciona cancels first UK crossing after MCA detains ship over safety problems ACCIONA Trasmediterranea was yesterday forced to cancel its inaugural crossing from Portsmouth to Bilbao, after the vessel was detained by the Maritime and Coastguard Agency.

	web site
MAY 18, 2006
MCA spoils Acciona Trasmed party MCA surveyors have prevented the Acciona Trasmed ferry Fortuny from operating after finding safety deficiencies during an inspection this morning Think before you drink before you drive SWEDEN'S Volvo Group, a major truck manufacturer, is helping truck drivers to assess whether they are sober enough to drive after a ferry crossing US tonnage tax extended, expanded US-flagged ship owners found good news in President Bush's signing of the Tax Increase Prevention and Reconciliation Act yesterday Grounded Orion is pulled free A high tide and several tugs have succeeded in refloating a Norwegian-flagged bulker that grounded yesterday off Fort Lauderdale; no pollution is reported Celtic Link to add Dublin-Liverpool Excel Maritime 1Q profits dip State to link St Petersburg yards Messina Straits bridge project killed New World ports consult Old First NW Shelf gas heads for China CNAN directors sentenced to 15 years Typhoon Chanchu spares Hong Kong Tianjin IPO sets record Indonesians combine to hike rates

	web site
MAY 18, 2006
Rail jams could threaten peak season shipments, says Hanjin executive Poor service and congestion at intermodal rail centers pose the biggest threat of to the smooth flow of international shipments. TSA orders criminal checks on 100,000 air-cargo workers Basham bid advances U.S. delays passport rule U.S. program aids Africa trade Pensacola seeks port chief Maersk signs for Le Havre box terminal venture Cargo lifts Air France-KLM Typhoon kills 50 in SE Asia "K" Line adds SE Asia feeder

	web site
MAY 18, 2006
ECT system-swap disruptions continuing, with some imports being diverted Serious disruption is continuing in Rotterdam, with the automated terminal system at ECT's Maasvlakte complex still not functioning properly, and some deepsea clients having begun to avoid the terminals. Eurogate rules out SSA Marine bid Eurogate CEO Thomas Eckelmann has ruled out a bid for the US terminal operator Stevedoring Services of America because he said Eurogate had 'other priorities'. Pre-peak season report says US ports are congestion free Updated: APL confirm first Baltic service K Line and NEL launch Southeast Asia feeder Commission to adopt '8bn Trans-European Networks budget ICF to start direct Hamburg-Budapest service East-west Fos containers boost Marseilles throughput Basel's trimodal platform moves a step closer Yellow Sea lines raise rates

	web site
MAY 18, 2006
New OSG spill charge Chief engineer indicted in Texas for trying to trick company's own 'anti-tricking' devices to allow overboard discharge of waste oil. Tainted master walks Ex-captain of OMI's Guadalupe accepts probation, small fine in oil-water separator case dating to 2001. Philly unions cry foul Metal trades say tankers going to OSG are being bolted together right of the box from South Korea in violation of US Jones Act. Unions are wrong OSG's new US-flag boss Eric Smith says Philly shipyard has written Coast Guard approval for the way it's building tankers to be chartered to his company. Galbraith's hits Shanghai London brokerage also announces restructure in dry cargo. Green fades Weaker spot market, bunker costs hit Norwegian reefer player. UK stops Spanish ferry New Acciona Trasmediterranea service is suspended after inspection reveals safety related deficiencies. IT sale helps Hermansen Norwegian shipowner Folke Hermansen sells computer company to part-fund NOK 5bn newbuilding programme. K Line adds second string New South-east Asia feedership service for Japanese giant and Singaporean partner NEL. Second anchor-handler for Rem Norwegian owner doubles up with new order at Kleven Verft in Ulsteinvik. Lucky thirteen? Japan's public shipowners record a collective 16% hike in earnings though earlier impairment charges help. US keeps nose out Malaysian deputy PM says US navy has pledged not to interfere in Malacca Strait security operations. APL goes low NOL-owned container line launches Lower Baltic Service to feed growing demand in northern Europe. Volgograd hooks Catfish MNP group's Russian shipyard reels in order for up to four chemical tankers from Swedish owner. Money pours in at MSCO Murmansk tanker and icebreaker operator boosts 2005 profit as Arctic cargo volumes grow. Causeway tops 5% LA fund manager accidently omits to report holdings in FRO and SNI, as the latter buys up more stock. Excel's profits slide Larger fleet fails to offset effects of declining rates at Greek panamax and handymax owner. Stena VLCC out of action Engine problems to keep Stena Vision alongside for 'several months', but charter still to be paid. Tamai boosts profitability Japanese bulker player sees 50% rise in full-year net income despite a modest slip in revenue.

	web site
MAY 18, 2006
"K" Line, New Econ Line to start second South East Asia feeder Kannaltec to promote INTTRA in Malaysia Mason given top role at ICS TSA set to issue air cargo security regulations Massive expansion slated for main UPS air hub Cargolux starts second weekly Luxembourg/Saudi Arabia service Unisys Web portal offers 30-day advance booking for CPS members Continental starts Newark/Barcelona flights Russian firms to do Airbus conversions House appropriators boost funding for inland locks and dams upgrades Mineta names director for transport policy panel Intercontainer-Interfrigo to rename Pannoncont BNSF adds three to Washington D.C. office Hill draws endorsements for top FMCSA post Taiwanese man pleads guilty to illegal U.S. export attempts U.S.-Panama caucus launched on Capitol Hill Pacer, Efill America set up warehousing alliance Burgess joins BDP as Americas sales director John S. Connor hires two for Shanghai office Allen Lund opens international office in Tennessee Report: Far East ports to handle 487 millions TEUs by 2020 N.C. port authority selects CH2M Hill to develop international port

	web site
MAY 18, 2006
California updates ship emission law Public comment period opening on revised auxiliary engine distillate fuel rule, safety clause included. O.W. Bunker expands African physical bunker operations New dedicated bunker barge service to fill a supply gap in this market. No easy cruise for Carnival Fuel costs a factor in sharp reduction of earnings forecast, outlook mixed in cruise sector. UK: High fuel prices spark fuel efficiency projects Programme aims to improve fuel efficiency across the whole UK fishing fleet while also providing environmental benefits. Rotterdam backs off as crude stays under $70 Singapore: Stocks of distillate recover from record-low Onshore stocks of middle distillates up, residual fuels down. High bunker costs translate to net loss The third largest cruise operator in the world posted net loss in Q1 on higher ship operating expenses.