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| JULY 1, 2003 |
Shipping News
- Australia won't recognise Philippine crew certificates
EFFORTS by the Philippines to maintain the reputation of its seafarer licensing system suffered a blow when Australia recently suspended recognition of Philippine seafarer's certificates of competency.
- Sarawak mulls lower shipping costs as incentive
THE Sarawak government proposes to lower shipping transportation costs, which has affected export-oriented industries, as an incentive to manufacturers in Sarawak.
- Global Carriers likely to buy more tankers: chairman
GLOBAL Carriers Bhd, which has completed its restructuring exercise in May, is considering the possibility of buying more tankers in the future.
- World's biggest
A Malaysian fishing boat passes the back of the world's largest container ship, Orient Overseas Container Line Shenzen, at Northport in Port Klang, 70 km west of Kuala Lumpur.
Air and Land Transport
- ANA orders 45 B737-700s in move to cut costs
ALL Nippon Airways , Asia's second- biggest airline, said it placed a firm order for 45 Boeing Co 737-700 jetliners, in a move to cut costs by reducing its fleet of single-aisle planes to one aircraft type.
- THAI, Vladivostok Airline in bilateral pact
- 'Qantas- Air NZ deal will deter newcomers'
- Swiss people want a national airline
- DHL plans to expand Aussie-NZ freight service
- Reason to celebrate
Features
- Northeast states oppose Amtrak shakeup
NORTHEASTERN states of the US and freight railroads are resisting a Bush administration proposal to dismantle Amtrak, worried the change would strain finances and make city-to-city passenger rail less efficient.
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| JULY 1, 2003 |
- Outdated laws hampering India from getting larger share of shipping business-Rangnekar
- India sees major fruit, vegetable market in China
- 2-wheeler industry unfazed at entry of Chinese mobike engines
- Dumping duty imposed on dane salt imports from China, Singapore
- India offers fresh tariff concessions on 700 items to China
- S. R. Rao asked to continue as Vizag Port Trust Chairman
- Hundreds of trucks stalled at Petrapole LCS for Customs clearance - Exporters hit as perishables rot
- Customs commissionerates keen to emulate ICD-Tughlakabad’s success story - Self-assessment risk management system
- Major multimodal transport system set for take-off in AP
- Foreign exchange reserves cross $ 82-billion mark
- Inflation drops to 4.97 pc
- CCEA approves road upgradation in Gujarat’s E-W corridor
- Adani Exports profits rise by 809 pc in Q4
- India becomes creditor to International Monetary Fund
- Fieo submits 9-pt list of demands to RBI
- SSIs being encouraged to grow in clusters
- Calcutta HC sets aside govt order on use of jute bags
- Ashok Shah is new SGCCI President
- IMC seminars
- Export Import Workshop certificate distribution on July 5
- WTC programme on ‘Brand Management’
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| JUNE 30, 2003 |
- Singapore: Much work ahead as bunker market regulations tighten
Bunker suppliers and traders who attended the seminar on Quality Management for Bunker Supply Chain (QMBS) held in Singapore on Friday, June 20, say there are several details about the so-called Accreditation Scheme for Bunker Suppliers (ASBS) still to be worked out. What is already clear, however, is that suppliers will face an increased workload in order to comply with the new regulations.
- The Baltic in brief
- Avails push Singapore numbers up despite lack-lustre market
- Tallinn tight until weekend
- Crude underpinned by Nigerian strike, US Gulf hurricane watch
A general strike in Nigeria may lead to production or loading disruptions later on, while production and tanker traffic in the US Gulf area may be disrupted by Tropical Storm Bill, which is forecast to reach Louisiana later this Monday.
- Baltic tightness boosts demand in Great Belt
- Rotterdam quiet and little changed this morning
- Sharp rises in Brazil
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| JUNE 30, 2003 |
- Haffa gives Victor Mok second term as chairman
- Finnlines opens new head office Germany
- Famous Shipping with new groupage service
- Co-operation Agreement between AirCargoLink and Swissport
- Stonepath buys Regroup Express
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| JUNE 30, 2003 |
- ACL reflags three vessels to Sweden
- Leif Höegh sells four reefers
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| JUNE 30, 2003 |
- ABS sues Spain
ABS has instituted legal action against the Government of Spain. The classification society is seeking recovery for any claims made against it for damages arising from the Prestige casualty.
- S/S Norway towed from Miami
Repair yard not yet named
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| JUNE 30, 2003 |
- Ceremony marks command change for Coast Guard's 13th District
- FAA warns flying public to leave fireworks at home
- International Trade Commission releases quarterly publication
- TSA awards contract for transport workers I.D. test
- Sri Lankan port joins Customs' CSI program
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| JULY 1, 2003 |
- ABS backlash puts Spain in the dock for Prestige
ABS, which was hit with a $700m negligence suit by the Spanish government last month over its role in the Prestige disaster, has come out punching, rebutting Spain’s claims against it and laying the blame for the disaster squarely at the door of the Spanish authorities.
- Panama Canal raises tolls and ships’ notice period
THE Panama Canal Authority is set to increase its tolls as well as the notice time required by all ships wishing to transit the canal from today, writes Rainbow Nelson.
- Italy set to revive Mediterranean free trade area as it takes up EU presidency
ITALY will look to exploit its pivotal position within the Mediterranean basin from today at the start of what promises to be a tricky six-month European Union presidency.
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| JUNE 30, 2003 |
- ABS hits back over Prestige
- Mixed response to quality schemes
- USCG tracking St Vincent vessels
- K Line move hits Hutchison
- Torm welcomes end of share wrangle
- Panama Canal hikes tolls again
- Fuel pipe failure caused ferry fire
- Lloyd's agent appointed for Iraq
- Abu Dhabi plans $200M fleet renewal
- PTP clarifies dredging impact
- Docenave sale finally goes through
- Kien Hung boxships go to PIL
- NCL denies seafarer allegations
- Poor watchkeeping risks lives: MAIB
- First box ship heads for Iraq
- Dubai discontent over Qasr tariffs
- French propose casualty solution
- Car imports to Iraq soar
- Arab ports focus on security
- Crew safe as vessel hits rocks
- PPA denies corruption charge
- Yards strike steel price deal
- Korean rail strike hits box flow
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| JUNE 30, 2003 |
- Containership charter rally soars
Charter rates are testing all-time highs as the major liner shipping companies scramble to cope with unprecedented demand for cargo space on routes linking Asia, Europe and North America.
- Closing of DHL Airways sale on hold
Deadline comes and goes for controversial sale to investor group led by carrier's chief executive.
- Panalpina names Beatson CEO for U.S., Canada
The forwarders taps the former president of Emery Worldwide and Circle International to lead its North American business.
- Korea slashes port fees
- Chow new COO of OOCL
- Yang Ming expects profits to boom
- Record containers for Savannah
- Exel maintains positive '03 outlook
- Crowley opens Jax distribution center
- ISS is Lloyd's Iraq rep
- Correction
- Mass. pols want R.I. port to pay harbor tax
- Truckers, railroads agree on truck-size limits
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| JUNE 30, 2003 |
- Panama Canal increases both tolls and vessel notice period
The Panama Canal Authority is to increase its tolls and the notice time required from ships wishing to transit the canal, with effect from tomorrow.
- New strike halves S.Korean import/export rail volumes
- TFG launches intermodal link for Hamburg and Munich this week
- Colombia: Boxships diverted from blocked Barranquilla
- K Line pulls the rug from under SCI divestment
- OOCL cascades executives into new management positions
- First ocean carrier commits to South Auckland's inland port
- New Panalpina N.America CEO to lead market share push
- Thailand sets review date for new truck load restrictions
- No role for old CEO in new Melbourne port management
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| JUNE 30, 2003 |
- Carnival prez cashes in
Conover's shares sale yields $260,000 payday.
- Nigerian nightmare?
African nation's strike, Iraqi export trickle combine to rattle traders.
- ABS counter sues Spanish government
Prestige’s classification society goes on the offensive.
- LOOP won't mess with Bill
Terminal shut down as Gulf storm builds toward hurricane force.
- Standard Club loses AA rating
Red ink costs highest ranked P&I mutual peak position.
- Petrobras escapes export tax
But Brazilian politicians may keep up pressure for Rio refinery.
- KTF wants rid of trio
Newly privatised Lithuanian reefer owner will trim its fleet ahead of renewal.
- Libaek tanker brokers flee to Bassoe
Consolidation starts to bite on Norwegian broker scene.
- Minister opposes Caspian Shipping merger
Azeri transport chief Ziya Mamedov lines up against proposed union with Baku port.
- Share chaos hits Wilh Wilhelmsen
Errant broker offers stock for sale at 1% of market value.
- Sea Containers shuffles paper
Ferry owner swaps $22.5m of expiring debt for new issue due in 2006.
- Brostrom and Rigel return to China
Jinling yard gets a $60m boost from chemical carrier partnership.
- Mols-Linien warns on charter delay
Deal with SpeedFerries crucial to Danish owner's profitability.
- Japanese ferry owner seeks protection
Higashinihon-Ferry files for bankruptcy, but will continue serving its seven routes.
- China pays top dollar for scrap tankers
VLCC and ULCCs prices soar to satisfy steel demand.
- ExxonMobil scouts for more aframax
Oil major issues new time-charter requirement.
- African lines push up rates
EWATA containership group follows up April hike from Europe with further rise in October.
- Norway heads for Land’s End
Owner optimistic crippled cruiseship will be repaired and in service by October.
- Curtain finally comes down on Saint John
Irving family formally closes Canadian shipyard after three years of inactivity.
- Sri Lanka joins CSI
Pre-screening of US cargo will start in Colombo.
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| JUNE 30, 2003 |
- Lloyd's names Inchcape as agent in Umm Qasr
- MarAd approves sales to scrap two U.S.-flag ships overseas
- Maersk closes underfunded U.K. employees' pension scheme
- Grand Alliance kicks off extra Asia/Europe link July 14
- OOCL appoints senior management
- MOL sees "slow growth" in eastbound Pacific trade in April
- CMA CGM, China Shipping to start Med/U.S. service
- European shippers to press EC for antitrust shipping reform
- FMC investigates FSL's alleged illegal NVO activities
- OFAC updates listing of prohibited persons
- NRC issues states' contact list for nuclear waste shipments
- Arcos to head Homeland Security’s international efforts
- Homeland Security Advisory Council begins work
- Exel opens logistics hub for Goodyear in Ohio
- Crowley opens distribution center in Jacksonville
- P&O Nedlloyd's Gilbert Cos. contracts with Wal-Mart
- Panalpina names Beatson CEO for North America
- Danet re-elected WCO secretary general
- Marine Terminals appoints Nixon site manager
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