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| JUNE 4, 2003 |
Shipping News
- Bangladeshi govt to amend protectionist port law
A five-day boycott of Bangladesh's main container port by foreign-flagged feeder operators protesting a protectionist port law appears to have succeeded with the government saying it will amend the law.
- Evergreen faces picketing at US East Coast ports
TAIWAN's Evergreen Marine Corp is facing picketing at an extended list of US East Coast ports, as a costly dispute over unionisation drags on.
- Arroyo acts to improve maritime safety
PHILIPPINE President Gloria Macapagal-Arroyo has announced guidelines to ensure public safety in sea travel and ordered the transportation department to speed up investigation of the recent ship collision accident.
- Free passage of ship lock at Three Gorges
PASSAGE of the permanent ship lock at Three Gorges Project being built at the mid-reaches of the Yangtze will be free of charge, said Cao Guangjing, deputy general manager of the China Yangtze River Three Gorges Project Development Corporation, on Monday.
- Kayaks, canoes exempted from licensing
SINGAPORE's kayakers and canoeists are finally free of annual port charges, after being 'exempted' from licensing regulations.
Air and Land Transport
- Sub-regional airlines expect 16% annual growth
AIRLINE officials of Vietnam, Laos, Cambodia and Myanmar meeting yesterday in central Danang city expect that growth of air transportation could reach 14-16 per cent annually within the sub-region until 2010.
- Asiana planning to resume some flights
- Chinese air passenger traffic slumps 80% on Sars outbreak
- April traffic in Europe down 4.7%
- Revising ownership limits on US airlines
- CAL crash: plane had fatigue cracks, corrosion
Features
- Hard-hit airline plans return to the skies
IRAQ'S national carrier, hard-hit by two wars and 13 years of UN sanctions, is preparing to resume services after a three-month hiatus caused by the latest conflict, its management said.
Bulletin Board
- Bulletin Board
NEPTUNE Orient Lines has announced the appointment of two prominent businessmen to its board: NatSteel president Ang Kong Hua and the country managing director of Accenture Singapore, Willie Cheng.
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- Cotton handloom exports up by 26 pc in April-Jan.
- Exporters anticipating spate of orders in July - Optimism on 10 pc export growth rate
- BCHAA holds 5-day training programme on Customs, ex-im regulations
- Kazakhstan a good bet for trade, emphasises Chamber chief
- Impressed Italians seek EU assistance for Tirupur technical project
- Pharma cos banking on exports to fill their coffers
- Truck freight rates climb even as diesel becomes cheaper
- Customs launches SMS-based inquiry system for ICD-Sabarmati users
- High-speed Conraj trains introduced on Vadodara-JNP route
- Steel companies increase prices of long products by Rs 200 to 500 a tonne
- Export Promotion Council for telecom sought
- Panel to re-examine toll charges on highways
- Fall in foodgrain exports likely in 2003-04
- Commerce Ministry sets export target of spices at 2.51 lakh tonnes in 2003-04
- DGFT notification casts cloud over sugar exports
- Punjab offers freight aid for potato exporters
- More reforms on agenda this year; draft prepared
- India may capture 1 pc of world export market before 2007-DGFT chief
- Coir Board gives priority to exports, expansion
- Gujarat to promote onion exports
- India has left its mark at G-8 meeting: AIAI chief
- More time for electronic filing of I-T returns
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| JUNE 3, 2003 |
- Panama steady as re-supply draws close
- Germany: New address for Tramp Oil
- Daily bunker market report from Praxis Energy Agents
- Turkish Bunker Association celebrates 2nd Anniversary
- TotalFinaElf undergoes Total re-branding
- The Baltic in brief: Markets firm
- Firm market does little to dissuade the Fujairah buyer
- Demand remains strong as prices climb in St Petersburg
- Great price jumps in the Great Belt
- No escape for Hong Kong from firm crude
- Forward planning needed to avoid dire Straits delays
- Congestion seen easing at Rotterdam loading terminal
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| JUNE 3, 2003 |
- Eleven vessels fight oil pollution in the Baltic Sea
- Marshall Islands wants all to be black-listed
- Greeks control one fifth of world fleet
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| JUNE 3, 2003 |
- DNV flying squads battle substandard ships
Dedicated "Flying Squads" with experienced surveyors are one element in a Five Point Plan established by classification society DNV to step up the efforts to remove substandard shipping.
- Red ink at Stolt Offshore
Big losses from EPIC projects
- USCG and Washington State ink pollution accord
Reducing duplication of efforts
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| JUNE 4, 2003 |
- Oslo blasts Madrid in new tanker spat
A diplomatic row has erupted following the exclusion of two Norwegian tankers from Spain’s 200-mile exclusive economic zone.
- Legal rows rage on four years after Sea-Land sale
THREE giants of the maritime and transport industries are still locked in legal disputes that erupted following the sale of US container line Sea-Land nearly four years ago.
- Maersk Sealand seeks to buy Sech terminal
CONTAINER giant Maersk Sealand is negotiating the acquisition of the Sech box terminal in Genoa.
- France stops US proposal on suspected WMD ships
FRANCE has blocked US proposals that would have allowed the boarding of merchant vessels suspected of carrying weapons of mass destruction.
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| JUNE 3, 2003 |
- Next US LNG terminal ready
- Brazil-China trade grows rapidly
- LMG liquidation
- Transpacific probe widened
- Venezuelan trade still affected
- Box row build-up at Nhava Sheva
- Bridge system integration
- Fourth Kien Hung ship arrested
- French interested in HDW take-over
- Norway protests over Spanish action
- Chittagong feeders await news
- Star Cruises clarifies cancellation
- New maritime minister for Pakistan
- Latvian to axe non-core activity
- Nor-Shipping: tonnage tax hope
- Nor-Shipping: facing the future
- Toll announces Tranz Rail bid
- Russian oil ouput growing strongly
- Nor-Shipping: ITOPF honoured
- Nor-Shipping: Bergesen warning
- Fewer but larger ships for Greeks
- St Lawrence dredging fee increased
- China considers LNG expansion
- NZ gets tough on terrorism
- Reef re-zoning concerns owners
- NOL brings in fresh expertise
- Chittagong breakthrough
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| JUNE 3, 2003 |
- West Coast terminals want to skirt truck idling, chassis laws: Teamsters
Marine terminal operators will attempt to use a planned discussion agreement to circumvent state laws that protect harbor truckers, the union charged in comments filed with the Federal Maritime Commission.
- FedEx to trim up to 14,000 jobs
FedEx Express, the largest operating unit of FedEx Corp., will cut up to 14,000 jobs through voluntary early retirement and severance in an effort to cut long-term costs.
- Unions warn DHL on employee's dismissal
- Tianjin to boost port investment
- Evergreen-ILA impasse continues
- Bangladesh service resumes
- Palmer named Waterways Work! president & CEO
- United resumes San Francisco-Seoul flights
- Seaboard Marine upgrades Haiti service
- Evergreen International plans Brazil flights
- Port of Long Beach approves AAPA funding
- Cargo boosts profits for U.K. airports
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| JUNE 3, 2003 |
- A thousand lorries await entry to chaotic NSICT
At least 1,000 trucks have waited more than a day to enter Nhava Sheva as a lack of terminal space and inadequate handling equipment delays cargo.
- Lines see costs rise as Customs detain illegal Asian cargo
A number of major carriers face an equipment shortage in Asia because more than 50 containers suspected of containing smuggled rubber wood have been detained by Customs in Selangor, Malaysia.
- Israel THC battle re-ignited as EMTA issues charge notice
- Toll’s Tranz Rail takeover offer sparks NZ flurry
- Kien Hung boosts Hamburg Sud’s ECSA market share
- Korean ministry bids for port funds to combat looming congestion
- Melbourne dredge delayed two years
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| JUNE 3, 2003 |
- Chemical tanker owners face fresh lawsuit
Russia's Nizhnekamskneftekhim goes after Stolt-Nielsen, Odfjell, Tokyo Marine and Jo Tankers.
- Braemar Seascope sets up India JV
Broker zeros in on state oil shipments as it expands horizons.
- FIS launches iron ore derivatives contracts
Brokerage Freight Investor Services sees gap in market on expanding trades.
- Norway blasts Spain on tanker oustings
Ore oiler Berge Vik one of two ships kicked out of Span's EEZ in May.
- Northern Shipping remains in the red
Russian dry cargoship owner cut losses in 2002, but volumes slipped.
- DNV targets substandard ships
Classification flying squads crack down on more than 70 vesssels.
- Cracked suezmax tanker held in UK
Spanish manager says vessel since repaired and vetted by Repsol.
- Pertamina to issue $100m in bonds
Indonesian company continues fund-raising for tanker buying spree.
- Thailand to sign up for US container initiative
Report claims US Customs officers to be stationed at Laem Chabang to screen boxes.
- EMTA levers up Levant rates
Containership group increases tariff from Europe into eastern Mediterranean.
- UK Club confirms loss
Deficit sparks first claim on innovative 10-year reinsurance deal.
- MISC launches AET loan
Citigroup and HSBC win mandate for American Eagle facility.
- Toll to move for New Zealand ferries
Australian logistics and shipping giant plans takeover of Tranz Rail.
- Star treatment for Sars
Sars of a different kind gets top billing as Nor-Shipping gets underway.
- ITOPF wins Heyerdahl prize
Tanker spill organisation cleans up $100,000 Nor-Shipping award.
- Oman LNG to ship product for BP
Petronet LNG newbuilding rumoured as likely vessel to lift cargoes.
- Iraq exports set to resume
Bergesen VLCC to lift first crude cargo since end of US-led invasion.
- New route for Caspian Shipping
Passengerships to link Azeri capital Baku with southern town of Lenkaran on Caspian Sea.
- Stolt Offshore forecasts loss
Parent steps in with $50m loan as group company moves to amend credit facilities.
- Profit boost for Murmansk Shipping
Russian tanker and icebreaker operator increased earnings by a quarter in 2002.
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| JUNE 3, 2003 |
- G8 decides further work on transport security
- G8 action plan for marine environment and tanker safety
- Hamburg Sud not affected by Kien Hung seller's collapse
- FESCO, Columbus in joint Asia/New Zealand link
- Maersk Sealand merges Americas services
- Air transport "gets hit harder after every knockdown"
- GAC starts delivery service for ship spares
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