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| SEPTEMBER 15, 2003 |
Shipping News
- Asian exports, rising rates spark demand for box ships
AN expanding container trade and rising freight rates driven by robust Asian export volumes have sent the world's container shipping lines shopping for new box ships.
- S'pore ports throughput up 6.3% Jan-July
THE ports of Singapore handled 6.3 per cent higher throughput in the seven months through July than in the same period in 2002, according to the latest figures released by the Maritime and Port Authority of Singapore .
- Gold Star, Delmas to run joint W Africa service
GOLD Star Line will dissolve its Asia-West Africa alliance with French line CMA CGM and China Shipping Container Line at the end of this month in favour of a new joint service with another French carrier, Delmas.
- Teekay to buy stake in IM Skaugen oil tanker unit
TEEKAY Shipping Corp, the world's biggest owner of mid-sized oil tankers, will buy half of Norway's IM Skaugen ASA's Petrotrans unit, which handles about 15 per cent of all crude oil shipped into US ports.
- Maersk sells tanker to Tsakos Group
AP Moeller-Maersk, the world's biggest container shipper, has sold one of its 2 million-barrel oil tankers to Athens-based Tsakos Group, a spokeswoman said late last week.
15/09/03
- Nature's fury
DOWNED cranes litter the dockside in the aftermath of Typhoon Maemi at the sea port at Busan.
Air and Land Transport
- Australia seeking alternate routes to avoid Sars threat
AUSTRALIA is talking with major airlines and the Singapore government about changing routes this northern winter to avoid an industry crisis in the event of another Severe Acute Respiratory Syndrome outbreak, the tourism minister said yesterday.
- Call for Aussie airport security review
- US scrutinising airline promo practices
- Indonesia's DI in talks to get more orders
- UPS spreading its wings in Malaysia, Thailand
- Shanghai Airlines orders five Boeing 757-200s
Liner Scene
- Back to the future in box trades
A GOOD few column centimetres have filled with discussion about the future of transshipment in the past couple of weeks.
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| SEPTEMBER 15, 2003 |
- MOL joins Korea, Haiphong service
- Asia boosts P&O interim performance
- K Line looks to environment
- Delmas and Gold Star strike Asia, West Africa partnership
- P&O to centralise S Africa operations
- NACA celebrates 25th anniversary in Las Vegas
- Lufthansa gets the right temperature
- Eagle flying with supply chain control
- SAS Group acquires 49pc of Estonian Air
- Pilot's take on freight man case
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| SEPTEMBER 15, 2003 |
- Shipping Secretary visits Kandla Port
- Trade-wings strengthens haz-mat operations - Accepts shipments to UK, Europe now
- Petronet LNG set to receive maiden cargo from Qatar by Dec.
- Mumbai CHAs felicitate Minister Shripad Naik.
- Wheat exports at a standstill
- Washington to set up trade office in India
- ECGC to open 10 more branches
- Government to allow ‘paid-for’ rice exports - Fresh bookings stopped from August
- Palm oil imports resume.
- GMB scouts for investors to develop ports
- Kandla Port Steamship Agents Association elects new office-bearers
- Vishrutha Logistics plans Rs 16.61-cr. CFS near Ennore Port
- Visakha box terminal set to improve performance
- Kandla Port registers growth in April-Aug. despite months of deluge
- Bidders set terms for developing Vallarpadam box terminal
- Transporters’ stir hits iron ore movement to Paradip Port
- Rlys exceeds freight target for April-Aug.
- Centre clears Adani group’s Mundra SEZ project
- Economy poised for growth: Expert
- HR coil prices spurt by Rs 500 a tonne
- Excise return forms made easy.
- Telecom fair in Mumbai in January 2004
- Governor praises role of IMC in state’s development
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| SEPTEMBER 12, 2003 |
- Crude falls to 4-month low
Unless crude stages a big recovery later in the day or rebounds in ACCESS trading over the weekend, the scene is set for softening bunker prices as trade resumes in Asia and Europe on Monday morning.
- Singapore: July bunker sales hit year-low, August better?
With suppliers reporting an upswing in bunker demand towards the end of August as well as Singapore becoming more competitively priced, we may expect a bigger turnover figure when the next MPA statistics come out.
- Bulgaria: Concern for supply as refinery will close for Q4
The 160,000 barrels per day Bourgas refinery in Bulgaria, the largest refinery in the Balkans, is set to close from the beginning of October until the end of the year for upgrading and maintenance work.
- African markets review
- California: Hearings go well for urgency Bunker Tax Bill
The hearing of Senate Bill 808 (SB 808), which seeks to reinstate Bunker Sales tax exemption in California, achieved unanimous support during the two required hearings that took place on September 10th. If SB 808 gets the required majority on the Assembly and Senate floors, it could be on the Californian Governor's desk already on Monday. Due to its urgency status, it will come into force immediately if the Governor signs it.
- Rotterdam market still mostly steady
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| SEPTEMBER 12, 2003 |
- Wincanton - New managing director in the Czech Republic
- CMA CGM with P&O NL and Hapag-Lloyd
- Egyptair appoints ATC Aviation Services as its Swiss GSA
- Kombiverkehr grows in first half of 2003
- Rhenus/Panalpina JV moves into bonded warehousing in Prague
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| SEPTEMBER 12, 2003 |
- Statoil raided by police
- Langeland-Kiel stops payments
- Bribery charged director confesses
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| SEPTEMBER 12, 2003 |
- Austal cruise yachts in service
At work in French Polynesia
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| SEPTEMBER 12, 2003 |
- Port of Olympia eyeing uses for downtown property
- Corps of Engineers plans Columbia sediment project
- Port of Port Angeles recognizes longtime empoyees
- New baggage screening system in works for Portland Airport
- Rail carload numbers decline during August
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| SEPTEMBER 15, 2003 |
- Statoil charged in corruption probe over Iranian deal
POLICE in Norway have raided the Stavanger offices of partially privatised state oil firm Statoil in a corruption probe into its dealings with an Iranian consultant.
- New service and fresh look for Lloyd’s List
LLOYD’S List today passes another milestone in its 269-year history, with the launch of our shipping movements information on the paper’s website, writes editor Julian Bray.
- World Shipping Council urges container security mandates
THE World Shipping Council, the Washington-based lobbying group for the international liner industry, has launched a push for new mandates on in-transit container security that it believes could improve the safety of the maritime container trade swiftly and economically.
- Maersk red faced after ABC exposé
AS WIDELY billed, there were red faces all round after the ABC news special on maritime security aired on US TV last Thursday night, writes John McLaughlin in New York.
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| SEPTEMBER 12, 2003 |
- Great Lakes on the market
- Trans-Pacific dispute is settled
- Petersburg price hike fall ends
- PDV tanker fire reveals breaches
- Dry index hits new heights
- Maersk to review procedures
- Maersk and CSX bid for Cochin
- Euro yards demand Korean increase
- UK ship security plans submitted
- Lukoil to sell its river fleet
- Tasman Spirit: lawyers get to work
- Irish Continental remains confident
- Indian box service suspended
- Compromise at IBF meeting
- Big Sealand Express pull today
- Decision day for Alstom
- Bangla ports to beef up security
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| SEPTEMBER 12, 2003 |
- Shippers, carriers boost box seals
Trade groups propose container seals as short-term alternative to expensive security technology.
- Canadian National could bar import boxes from key intermodal terminal
The railway is threatening to close its busiest Canadian terminal in an attempt to force shippers and steamship companies to accept their shipments on weekends.
- Rail funding a security issue: Study
A terrorist attack that shuts down rail lines serving the Los Angeles-Long Beach port complex would cost the U.S. economy $414 million a day.
- Slowdown ends at Port of L.A.-Long Beach
- DOT selects U.S.-Hong Kong all-cargo carriers
- Taiwan readies China air-cargo service
- Improved box security saves money, says researcher
- U.S., Thailand agree on open-skies for cargo
- China sweetens export incentives
- Port of Portland in lease deal
- CN opens Winnipeg IM terminal
- Lawsuit deal will hurt Landstar 3Q
- Unions oppose railroad remote control
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| SEPTEMBER 12, 2003 |
- Sealand Express going nowhere as latest flotation attempt fails
Attempts this morning to dislodge the Sealand Express, which beached outside Cape Town harbour two weeks ago, have failed yet again, prompting the evacuation of other ships from the area.
- Lines pay FMC $1.3m in settlement for NVOCC complaint
- CN opens Winnipeg intermodal terminal
- Cosco-HIT Hong Kong traffic down for the fourth month
- CSCL bows out of Indian-subcontinent
- Low bids see Vallarpadam tender process fail
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| SEPTEMBER 12, 2003 |
- 'Buccaneer' slashes with his tongue
Georgiopoulos holds back little in Forbes interview.
- Nosedive in the Atlantic
Caribs rates dip in start of clean-trade slowdown.
- Petrobras comes to bargaining table
Oil workers' strike prompts management offer.
- Lines pay $1.35m FMC penalty
Top transpacific operators accept three year ban on capacity cuts.
- Agents attack Aqaba box surcharge
Container lines’ congestion fee at Jordanian port comes under fire.
- Italian ferry hits submerged object
Moby Magic passengers and crew abandon ship in night rescue drama.
- Wallenius Wilhelmsen US chief to head UECC
Nils-Henrik Jaeger (left) to step down as CEO at United European Car Carriers.
- Fortum quits North Sea
Finnish oil major sells aframax and assigns shuttle tanker contracts to Navion.
- Thoresen Thai buys Colonial ship
Expanding bulker owner adds another vessel to fleet, this time from the US.
- Irish Continental drifts
First-half profits dip at Irish Ferries’ parent group as it seeks to tackle labour costs.
- Bourbon builds on offshore success
French owner’s supply ships showed importance to profit in first half as bulkers’ turnover dropped.
- Pelni pleads for state aid
Indonesian state ferry company threatens to lay off workers as cash crisis worsens.
- First pull on Sea-Land Express fails
Fresh refloating effort to be made later today if conditions improve.
- Slide in Singapore bunker sales
Marine fuel sales fell to their lowest level of 2003 in July despite high level of vessel arrivals.
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| SEPTEMBER 12, 2003 |
- Clipper Timber Carriers starts Brazil/Europe link
- HUAL and Puerto Rico port authority settle dispute over charges
- Asia/Canada carriers keep 4th-quarter bunker charges unchanged
- FMC enters settlement agreement with transpacific carriers
- ABX Air adds maintenance business
- NCBFAA welcomes FMC/TSA settlement
- NIT League promotes Gatti to executive vice president
- Customs: ABC's spent uranium was flagged, released as harmless
- Office of Foreign Assets Control amends trading rules
- U.S. touts benefits of GSP for poor countries
- GAO urges USDA, industry to collaborate on origin labeling
- U.S. plans to complete trade talks with Morocco by year end
- Commerce denies export privileges to imprisoned arms shipper
- Marseilles-Fos box traffic up 3% in first eight months
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