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| SEPTEMBER 1, 2004 |
Shipping News
- Unsecured ship supplies could pose terror threat
SHIPS' supplies and provisions are a weak link in the security chain which could be exploited by terrorists, despite tough new internationally-mandated security rules, according to a leading Singapore-based ship chandler.
- Manila port opens control facility for dangerous cargo
THE Philippines' largest container port operator has opened a control facility for dangerous cargo to comply with the new stringent international security and safety rules, company officials said.
- Oil tanker hits US ferry terminal
THE Greek-flagged, 98,880-dwt crude oil tanker Astro Altair hit a ferry terminal in New Orleans on Sunday, reportedly putting it out of operation for two weeks.
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| SEPTEMBER 1, 2004 |
- Hong Kong revises GDP forecast upwards
- OOCL orders four new vessels
- Indian truck strike over
- Malaysian port throughputs on the rise
- Exel chooses new Singapore director
- Oman port predicts shipping boom
- Lufthansa, Air-India sign strategic alliance
- Thai Airways to add eight aircraft to fleet
- HK, Jordan sign air services agreement
- Northwest expands Detroit-Lincoln service
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| SEPTEMBER 1, 2004 |
- Kamal Nath spells out 10-point strategy to double India’s share in global trade by 2009
- Highlights of National Foreign Trade Policy—2004-09
- UK rediscovering inland water transport to take pressure off roads
- Rayon & Synthetics EPC makes out case for restoring Rule 12-B of Central Excise Rules 2002
- Members on infrastructure projects monitoring committee named
- Global transport fair from today
- Export Import Workshop to present certificates to 15th batch
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| AUGUST 31, 2004 |
- PMSA urges veto of emissions control bill
The Pacific Merchant Shipping Association urges California's Governor to veto Assembly Bill 2042 on concerns that local limits on air emissions from shipping and other sources would undermine growth at the ports of Los Angeles and Long Beach.
- Japanese bunker sales climb 22% year-on-year
Sales hike likely to be shortlived as Tokyo suppliers talk of slow August business.
- No ill effects after refinery strike in Piraeus
- Hong Kong and Taiwan undaunted by storm season
- Latest surveyor in corruption probe due in court Friday
Bunker surveyor faces three charges for accepting bribes from the same individual with a local supplier for short-supply incidents.
- MPA issues Annex VI pollution reminder
MPA has sent circular to shipping community to encourage early response to forthcoming IMO legislation on pollution.
- Rotterdam softens further with good prompt supply
- Bominflot acquires ExxonMobil's Esso Bunker
Bominflot strengthens its position in the German gas oil market for inland waterways with latest acquisition.
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| AUGUST 31, 2004 |
- European ferry reservations for trucks on the internet
- FMCSA delays rules for transportation of hazardous cargo
- Rhenus increases Eastern European and Russian activities
- CCS levies congestion surcharge per container
- Rome Fiumicino opens cavernous cargo city
- NYK to move into Nigerian LNG transportation
- Geest North Sea Line appoints Paul Swaak operations director
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| AUGUST 31, 2004 |
- Giant ferry nears completion
- Enclosed space death toll mounts
- Wartsila sells high speed engine line product rights
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| SEPTEMBER 1, 2004 |
- Rotterdam boss Scholten quits in loan scandal
WILLEM Scholten, chief executive of the Port of Rotterdam for the last 12 years, has been forced to resign and an investigation has been launched into €100m ($121m) worth of bank guarantees the port boss personally gave to RDM, a defence company specialising in the manufacture of armoured vehicles.
- Sovcomflot considers New York listing to fund entry to LNG
RUSSIA’S largest shipping company, Sovcomflot, is considering a New York listing to raise up to $300m to help support the its expansion into liquefied natural gas shipping, writes Tony Gray.
- Salvors jostle for Hyundai No105 job
THE world’s top salvors are lining up for up the massive wreck removal of the car carrier Hyundai No105 from the Singapore Strait.
- Converium review sparks reserves cash call
SWISS reinsurer Converium will have to increase its US reserves by a further $50m to $100m following a review conducted by independent actuaries and consultants Tillinghast.
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| AUGUST 31, 2004 |
- Rotterdam CEO Scholten sacked
PORT of Rotterdam chief executive Willem Scholten has been sacked for granting guarantees on bank loans up to €100M ($121M) to a shiprepair and defence equipment manufacturer without informing his board of directors
- Seven bids for Cochin bunkering
COCHIN Port Trust request for bids for the first international bunkering terminal in India has drawn a response from seven refineries and shipping companies
- 20 crew rescued from sinking vessel
AN INDIAN cargo vessel which was on its way to Somalia from the port of Mundra in Gujarat sank about 20 n-miles from Jakhan coast in the Indian state of Kutch
- PMA, Miniace sue each other
PACIFIC Maritime Association and its former president Joseph Miniace are locked in a legal battle in US Federal Court in San Francisco
- Wärtsilä sells and consolidates
WARTSILA, the Finnish marine engine and propulsion system supplier, has sold its Wartsila 20 and 200 product ranges to the US-based Dresser’s Waukesha Engine unit
- DANE Sea lines on verge of collapse
GREEK ferry operator DANE Sea Lines is on the verge of collapse after the Seamen's Pension Fund acquired the right to auction the company's three vessels
- Builder dreams of Evergreen deal
- Erie sewage discharge proposal
- Lifeline for Scottish isles
- Commissioner Kroes leaves PONL
- Southern Moana finally refloated
- Offshore LNG prompts IGC update
- Norwegian oil strike escalates
- French catch another polluter
- Indian truckers suspend strike
- Simonis calls for safe Baltic route
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| AUGUST 31, 2004 |
- WTO approves sanctions against US
The EU, Japan and Brazil received clearance to impose tariffs on U.S. imports over the handling of corporate subsidies under the so-called Byrd Amendment.
- India offers tax breaks to exporters
The tax concessions, along with proposed free-trade zones, is part of a plan aimed at doubling the country's share of global trade in five years.
- Ceres to open auto terminal at Jacksonville
- N. Dakota panel says Canadian wheat battle not over
- Mexico faces mass protest as president prepares to address nation
- Alitalia could cut up to 7,000 jobs
- Furniture importers join forces to combat import barriers
- Russian ship line presses for IPO on NYSE
- Thailand urged to coordinate logistics
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| AUGUST 31, 2004 |
- Temasek bid: APL ‘controlled carrier’ reclassification would have ‘immaterial’ financial impact, says NOL
Neptune Orient Lines (NOL) independent directors expect ‘immaterial’ financial impact on APL from US reclassification as a ‘controlled carrier’ if Temasek Holdings controls over 50% of NOL’s issued capital.
- Auckland faces four-day strike
The Maritime Union of New Zealand (MUNZ) has selected Auckland as the first port to be hit in a nationwide campaign to reverse increasing use of part-time and casual dockers.
- South Korea to hold investment promotion meeting in the US
- CSCL deploys super-postpanamax on Asia/Europe trade
- Rate-rise season reopens, with an alarm-call against charter-costs
- Northport berth upgrading to super-postpanamax
- Kunsan to install four cranes
- Fake Russian goods join market of brand-name fakes for sale, discovers Customs
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| AUGUST 31, 2004 |
- Top tops last year’s profit
Rising spot and charter rates push newly listed Greek tanker owner to healthy earnings in first half.
- Oily wake? What oily wake?
Seafarers seem to have blinked when French coastguards caught them red handed.
- Jinhui takes the money
Hong Kong bulker player to pocket $20m from capesize charter cancelled four years early.
- Tankerska returns to Split
Croatian owner signs for two aframaxes at domestic yard that has been building suezmaxes for the company.
- Skarga appeals for share sale
Sovcomflot boss wants government to sell up to 40% of owner to fund expansion into LNG.
- First Steamship plunges
First half losses three times greater than revenues at Taiwanese bulker owner.
- OOCL reveals newbuilding hand
Hong Kong owner confirms order of four panamax boxships at Samsung in Korea.
- Bad to worse at Anek
Greek ferry operator sees losses mount in 2004.
- Evergreen soars
Taiwanese box giant sees profit rise twenty-fold in first half on boom in demand.
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| AUGUST 31, 2004 |
- Maersk's container shipping business boosts earnings
- FMC proposes revisions to filing and service fees
- OOCL orders four 4,500-TEU vessels from Samsung
- Pate Stevedore brings freezer cargo service back to Pensacola
- European/South Pacific conference sets rate increase Oct. 1
- "K" Line orders new LNG carrier from Kawasaki Shipbuilding
- British Airways reduces flight delays
- DF Young opens office in Port Adelaide, Australia
- Coote ousted at Manugistics
- IES releases four new logistics management applications
- Growth of U.S. exports, inventory levels slows
- U.S. Commerce Department to examine trade barriers
- Black & Decker seeks own duty-free warehouse zone
- India cuts steel tariffs
- BSY Associates moves office
- Corps to conduct Long Beach terminal redevelopment study
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| AUGUST 31, 2004 |
- Danish ferry strike postponed
The Danish Car Ferry Association has in motion to the Danish Labour Court argued that the notice of strike filed ...
- Kvaerner Philadelphia at break-even
Kvaerner Philadelphia achieved a break-even result in the second quarter of 2004 after a loss of NOK 109.0 million ...
- Norwegian Navy will sail again
Reports last week that the Royal Norwegian Navy had to deactivate 20 vessels for the rest of the year due ...
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