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| DECEMBER 1, 2003 |
Shipping News
- IMO must adapt to changing conditions
GREECE's Efthimios Mitropoulos has called for change at the International Maritime Organisation after being elected to head the organisation.
- India plans US$25b port building project
INDIA is planning a US$25 billion project to build and upgrade ports and wants European companies to invest in them, Prime Minister Atal Bihari Vajpayee said.
- Families of dead sailors sue for donations
THE families of Filipino sailors killed in a boiler explosion on the cruise ship Norway are suing the ship's owner for charitable donations collected for the victims but not given to them.
- Daewoo wins order
SOUTH Korea's Daewoo Shipbuilding and Marine Engineering Co said it had secured a US$190 million order from Exxon Mobil Canada Properties for an offshore gas production plant.
Air and Land Transport
- Taiwan, S Korea to resume talks on direct flights
TAIWAN and South Korea are scheduled to resume talks on the reopening of direct flights between the two countries, it was reported yesterday.
- KL airport moves to boost plane security
- Star Alliance close to US$4.5b deal for 100 jets
- Asiana to increase services to Hanoi
- No plans to buy Swiss Int'l: BA
- Heathrow refused new runway over pollution fears: FT
Dockyard
- Time for a rethink on shiprepair show
WALKING into the ShipRepair and Conversion exhibition at Olympia last week I was greeted by an old friend who was just leaving saying: 'If it gets any smaller they'll be able to hold the show in a telephone booth next year.' In truth that is rather unfair.
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| DECEMBER 1, 2003 |
- Hatsu Marine to call at Rotterdam
- Guangdong exports exceed 2002 total in first 10 months
- US Customs launches secure data portal
- Zhongshan logistics centre to target foreign companies
- Sixth round of Singapore-India trade talks completed
- Hong Kong, UK agree on air traffic rights expansion
- Thai soars into profit despite setbacks
- China Southern begins new Haikou-Fukuoka route
- Qantas get Cross on board
- American to offer non-stop services to two Mexican cities
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| DECEMBER 1, 2003 |
- State govt move to impose ST on charter hire payments jolts shipping firms
- Trade expresses preference for neutral terminal operator - As bid finalisation of JNP’s 3rd box terminal comes to an end...
- Garment exports surge by 20 pc to $ 1,249 m
- Groundnut oil exported to China, Europe
- Crude oil imports go up during April-Oct. 2003
- Tea exports to Pak increase by 11 pc during Jan.-Sept. 2003
- Kerosene imports by private firms banned
- MICT attracts more lines and trade support - Epic service too puts Mundra on its route map
- Apex fares of IA, Jet Airways to go up from today
- Claims paid by ECGC exceed premium by 200 pc: Official
- TAMP approves Chennai Port Trust’s proposal for reduction in cargo handling costs
- US Bioterrorism Act sets December 12 last date for registration
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| NOVEMBER 28, 2003 |
- Viswa Lab bows out of 'bunker alert' debate, poll closed
- UK port presents detailed study of shipping sulphur emissions
A detailed study of local air quality and its sources for Dover District Council leaves no doubt that the port of Dover's busy ferry activity is the main contributor to local concentration of SO2. The study outlines findings from more than a year of high-quality monitoring sites near Dover harbour and how often SO2 concentrations exceeded government objectives for air quality. The study also used model scenarios to asses how the introduction of lower sulphur fuel used by all the ferries, or abatement technology used on a portion of the ferries, would affect SO2 concentrations.
- Upturn in Baltic demand puts IFO avails under a little pressure
Unexpectedly high demand is making some players quite happy and others pretty tight in the Baltic this afternoon.
- Bosphorous straits fog halts Novorossiysk crude pumping
- France and Spain consider pursuing Prestige case together
- Rotterdam fairly flat again
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| NOVEMBER 28, 2003 |
- Interporto di Novara: New face on Board of Governors
- Liberia to keep its ships’ register
- Emirates SkyCargo launches all-cargo Mumbai/Shanghai service
- Navis Germany partners Milsped Belgrade
- Hays Logistics acquired by Platinum Equity
- New Polish/German/Czech road link
- New IDS web presence
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| NOVEMBER 28, 2003 |
- EU increases state aid to yards
- Repsol charter single-hull tanker
- Swedish court critisises the Coast Guard for issuing oil spill fine
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| NOVEMBER 28, 2003 |
- Concorde's last trip
Barged to Intrepid
- U.S. audit problems for PGS
Headaches with GAAS and GAAP
- Deep red ink for Stolt Offshore
2003 losses could reach $450 million
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| NOVEMBER 28, 2003 |
- Port of Vancouver, USA Oks 2004 final budget
- Coast Guard cutter sweeps training session
- Columbia River Propeller Club slates meeting with port directors
- Intermodal continues to drive weekly rail freight gains
- UPS raising ratesbeginning January 5
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| DECEMBER 1, 2003 |
- Watchdog casts doubt on P&O’s Irish Sea deal with Stena
THE £50m ($83.5m) deal between P&O and Stena on the Irish Sea has fallen foul of Britain’s Competition Commission, which believes one part of the deal is anti-competitive.
- IMO urged to think global on environmental issues
WITH a special session of its Marine Environment Protection Committee due to debate accelerating the phasing out of single hull tankers, IMO secretary general William O’Neil has appealed for members to adopt a global approach to the problem.
- US and Bahrain on brink of trade pact
SHIPREPAIR is firmly on the agenda of negotiations between the US and Bahrain governments, as the two sides edge towards agreeing a new free trade agreement by January 2004.
- Toulon chosen for warship asbestos task
The decommissioned French aircraft carrier Clemenceau looks set to return home to Toulon for the removal of toxic asbestos prior to demolition, writes Andrew Spurrier.
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| NOVEMBER 28, 2003 |
- P&O ferry transfer blocked
THE transfer of P&O’s Liverpool-Dublin service to Stena, as proposed in May, will lead to a "substantial lessening of competition" on the Irish Sea central corridor, the UK Competition Commission says in a statement issued today
- Maasvlakte dyke funding imminent
A Dutch government decision on funding for the €600M ($719M) dyke necessary for the second stage of Rotterdam’s Maasvlakte development is expected next month
- Vintage year for Volga Shipping
RUSSIAN inland waterways operator Volga Shipping saw the amount of cargo handled rise by 9% this year in one of the longest navigational seasons on record
- Clémenceau fate decided
THE asbestos on board the French aircraft carrier Clémenceau is to be removed by a French company at the port of Toulon before the ship is sent for demolition in India
- Inflexibility frustrates Scandlines
AN executive at Scandlines, the Danish-German ferry company, says expansion of its business into Finland is being hampered by inflexibility at the country’s ports
- HHI yard engine blast injures 13
AN explosion that occurred during trials on a new ship’s engine at Hyundai Heavy Industries is reported to have left 13 yard workers injured
- Pacifica move reveals NZ crisis
- 340 charged over fake certificates
- Chennai raises Asian box share
- Cambodian tycoon makes his mark
- Japanese call for tonnage tax
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| NOVEMBER 28, 2003 |
- ECT on the brink of snatching Rotterdam’s Hanno terminal
ECT is in the ‘final stages of negotiations’ to take over Rotterdam’s Hanno terminal, and negotiations could be concluded next week, Hans Vervat, Hanno and Uniport proprietor, confirmed.
- Los Angeles and Long Beach to extend gate hours
In a bid to ease heavy congestion around container terminal gates, the ports of Los Angeles (POLA) and Long Beach (POLB) are examining extending gate hours in a co-ordinated manner.
- New Maritime Security Programme signed
- Marseille's Fos 2XL attracts three Top Five suitors
- ‘Transition Report 2003’ points the way to trade
- Three more Rhine barge convoys to increase flexibility and capacity
- NZ coastal fleet dwindles further
- Efthimios Mitropoulos confirmed as IMO Secretary-General
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| NOVEMBER 28, 2003 |
- Finland fights flag flight
More state aid could be given to ferry owners to stop ships defecting from register.
- Stolt Offshore unveils debt mountain
Losses pile up and restructuring officer called in but no light at end of tunnel yet.
- Huge LNG ship demand forecast
Consultants Drewry say 80 ships will be needed before 2010.
- Malaysian Bulk Carriers profit climbs
Bulker heaven improves end-year profit forecast for Kuok group baby.
- Research pays for Rieber
Norwegian owner buys Thales seismic vessel on back of lucrative US contract.
- Cosco Corporation is born into profit
Bulker owner formerly called Cosco Investment unveils new name and earnings figures.
- Regulators put block on P&O ferry plans
Competition body says transfer of Liverpool-Dublin route to Stena will hit customers.
- Pacifica to lay off 32 workers
New Zealand boxship operator planning redundancies as it withdraws ships.
- Profits lower at Lorenzo
But Philippine boxship and bulker player is expecting strong finish to the year.
- Stolt gets fortnight reprieve on debts
Chemical tanker owner throws $20m bone to hungry creditors.
- Lenac stares into the abyss
Struggling Croatian yard facing bankruptcy as government refuses to bail it out further.
- Global Carriers bleeds red ink
Boxship sell-offs send Malaysian shipowner spiraling back into debt.
- Star Sea Bridge charges quashed
Helmsman of Panamanian bulker that sank trawler off Australia in 2000 escapes conviction.
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| DECEMBER 1, 2003 |
- Asia/Canada carriers to raise rates in 2004/2005 season
- Norasia to start round-the-world service
- Hapag-Lloyd's shipping profits rise 259% in first nine months
- Senator Lines relocates Hamburg office
- MOL forms agency company in Vietnam
- Intercontainer cuts services, jobs
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