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| JULY 2, 2004 |
Shipping News
- Smooth sailing for new security rules in Asia
IT was smooth sailing in Singapore and other major Asian ports yesterday when new security regulations mandated by the new International Maritime Organisation came into effect.
- All our terminals are compliant, says PSA Int'l
PSA International announced yesterday that it is still awaiting certification for nearly half of its terminal facilities around the world although all fully comply with the ISPS Code requirements.
- Indian firm plans US$450m order for 10 vessels
SHIPPING Corporation of India Ltd , the nation's biggest shipping company, said it plans to order 10 vessels worth about US$450 million by March, as expanding trade by Asia's fourth-largest economy lifts demand.
- IPO hopeful Pacific Basin sees higher bulk shipping rates
PACIFIC Basin Shipping, a Hong Kong-based dry bulk shipper that is raising up to HK$1.27 billion in an IPO, said it expects rates to return to an upward trend following recent weakness.
- Acid tanker refloating delayed in Hamburg
SALVAGE experts have delayed refloating a chemical tanker that sank in Hamburg port with 960 tonnes of sulphuric acid while divers check how its dangerous cargo can best be discharged, emergency services said.
Air and Land Transport
- Korean jet ordered to return to Sydney
A Korean Airlines flight was ordered to return to Sydney four hours into its flight to Seoul early yesterday after a passenger failed a random security screening.
- Boeing to sell its commercial electronics unit to UK's BAE
- Air Canada creditors to get pennies on the dollar
- HK airport's 2003 profits down 23% due to Sars
- UAL raises int'l fares by 5% to cover fuel costs
Admiralty Casebook
- Liability remains separate even when shipowner is also master
SHIPOWNERS facing claims for damage to property or injury to persons are often able to limit their liability on the basis that the damage or loss was not due to their 'actual fault or privity.' Even if a master had been negligent, a shipowner could limit his liability if he can demonstrate that he had taken all reasonable efforts to ensure that a properly qualified master was appointed.
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| JULY 2, 2004 |
- Wal-Mart to invest CNY1b in Shenzhen logistics project
- Hong Kong terminal operators compliant with ISPS code
- Zhejiang to use waterways to ease land transport woes
- Malaysian ports to receive ISPS Compliance Certificate
- FEFC implements rate restoration plan
- Independent US truckers strike against wages, fuel costs
- Hacis extends SuperLink China Direct chartered truck service
- Volga-Dnepr receives US$14m loan from HSBC for AirBridge Cargo
- CAAS grants Swissport ground-handling licence at Changi
- China Southern takes delivery of regional jets
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| JULY 2, 2004 |
- Sizzling 128 pc jump in SCI net
- More time to import vanaspati at zero duty
- Business forum with Kuwait would help Indian industry, envoy tells CII meet
- Chennai Port declared ISPS code-compliant
- Mecon completes multi-purpose berth project at Mormugao Port
- AMTOI clarifies its statements
- CONCOR opens full-fledged office at Port Pipavav
- Cabinet clears introduction of excise tariff Bill
- Pawar for free export of onions
- 2003-04 economic growth was highest in 15 years, observes CSO
- Major trading houses submit pre-Budget, Exim Policy wish-list
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| JULY 1, 2004 |
- High prices help preserve limited avails in Uruguay
Regional energy crisis shows no sign of ending, leaving Uruguay's bunker market in a pickle.
- Supplier gains ISPS certification
- Abatement proponent falls victim of P&O reshuffle
Group Procurement Executive laid off following devolution of shipping group's procurement department, but will continue working on emissions.
- O.W. Bunker strengthens risk management team
- Healthy demand kick-start to new month in Fujairah
- Good supply situation as new month begins in Tokyo
Bunker prices were little changed today but the outlook was mixed.
- Nuclear return provides partial relief to Japanese market
Nuclear power generation returning but marine fuel market avails remain carefully controlled by refiners.
- O.W. Bunker Far East reveals further changes
Second departure announcement in a week continues busy period for personnel at global supplier and trader.
- United Shipping forms bunker risk management company
Global Risk Management established to specialise in customized strategies and services for the global shipping market.
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| JULY 1, 2004 |
- "Majority of ships meet ISPS", says IMO
- V Ships and Marine Service Group in JV
- Gas tanker crew shortage claim
- Norden sells and charters back products tanker
- Panama Canal congestion eases further
- Sjaastad leaves Odfjell with NKr9.5m
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| JULY 1, 2004 |
- Kvichak keeps busy
Delivers two cats and has fireboat under construction
- Ulstein Verft gets PSV order
Island offshore orders P105 with option for second vessel
- IMO Secretary General praises ISPS efforts
Mitropoulos says 86 percent of ships and 69 percent of port facilities had plans approved by July 1
- $250 million Maritime Security Cutter contract awarded
Northrop Grumman gets production, long lead material awards
- Odfjell CEO to step down
Has been on leave of absence since accepting U.S. jail term
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| JULY 1, 2004 |
- Governor Locke pleased with trade mission to Mexico
- Panama Canal vessel traffic catches up following closure
- Portland Airport noise board sets next meeting for September
- Senators view security at Port of Seattle terminal
- Cruise group reports members ready for new ISPS measures
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| JULY 2, 2004 |
- OOCL faces police probe into fatal accident
HONG KONG carrier faces fullscale inquiry into the death of Courtenay Allan.
- Maritime threats ‘could be overplayed’
POLITICIANS who talk up maritime terror scenarios could lead to a "feedback loop" where intelligence agencies believe the threats are real, warns a leading terrorism expert, writes Marcus Hand in Singapore.
- Panama warned of canal terror plot
TERRORISTS are plotting to blow up the Panama Canal, according to statements from the security ministry in Honduras, writes Rainbow Nelson.
- Police start probe into OOCL man’s death
ORIENT Overseas Container Line faces a full-scale police probe into the death of one of its senior executives last summer after two internal reports proved inconclusive.
- SCI in $440m buying spree
NATIONAL carrier Shipping Corporation of India, which declared the best results in its history on Wednesday, expects to invest around $440m in newbuilding orders for two very large crude carriers, two capesize vessels and six bulk carriers.
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| JULY 1, 2004 |
- USCG turns ships from Miami
MIAMI-based Coast Guard cutters and boarding teams have been busy on the first day of ISPS compliance, welcoming some and turning others around
- US cow not mad
A US animal suspected of mad-cow disease has officially tested negative, the US Department of Agriculture said yesterday
- Iran invests in oil terminals
IRAN, the world’s fifth largest oil exporter, is to invest $36M to refurbish its major oil loading terminals in a bid to boost their efficiency
- Scottish ferry tender 'misguided'
THE Scottish Executive is to put ferry services operating around the Clyde and the Hebrides out to tender, a move described by seafarers union RMT as 'misguided'
- New port flooded
THE new port of Ngqura being built at Coega about 20km from Port Elizabeth, South Africa, was partially flooded yesterday, a few weeks ahead of the final flooding
- New US-Brazil liner service
A new US Gulf-Caribbean-Brazil liner service, operated by CP Ships subsidiary TMM Lines, was launched yesterday with its first southbound sailing from Houston
- Spain can’t rule on stowaway murder
- Short-sea focus for EU presidency
- Truckers strike finishes early
- Tirrenia to sue Civitavecchia
- ISPS limits: gross not net tonnage
- India collects service tax
- Spanish port enlargements
- SCI to bid for box terminal
- CMA CGM into cruising
- Peel to go private for £830M
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| JULY 1, 2004 |
- ISPS crackdown begins in Miami
With 13 cargo ships due to arrive from foreign ports and several terminal facilities uncertified, the U.S. Coast Guard's 7th District swept into action.
- Hong Kong terminals test enhanced screening
- Ports, carriers tout ISPS-compliance
- W. Coast labor shortage eases
The ILWU and PMA are discussing proposals that would add hundreds of part-time workers.
- Contract expired, clerks continue working
- WCO appoints strategic group to guide security
- IMF downplays inflation fears in Brazil
- Air Canada plans to spin off cargo unit as part of restructuring
- TSA sets test for transport ID card
- Most East Coast terminals back to normal
- So. Calif. ports could face strike by office workers
- Truckers strike shuts Port of Miami box handling
- Truckers want day-use fee delayed
- Coast Guard says eight U.S.-bound ships a security risk
- Freeport re-opens under police guard
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| JULY 1, 2004 |
- SPS share sale focuses National Container Company resources
A shareholding-change at St Petersburg Seaport (SPS) has given National Container Company (NCC) a financial windfall, despite losing control at the port company.
- Novorossiisk terminal gets volumes boost
- Rotterdam radiation detectors trigger false alerts
- Concor and JN Port users agree NSICT decongestion plan
- Mediation is available to settle truckers dispute in South Carolina
- ‘Bullish’ Drewry’s maintains short-term growth forecasts
- APMT confirms Douala concession
- CSXWT’s Bill McHugh retires
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| JULY 1, 2004 |
- Death ferry back on water
Staten Island vessel returns to service eight months after tragedy.
- Slater ridicules auction call
Industry veteran says Stelmar shareholders should quit whining and sell out.
- Bjorn Sjaastad had to go
Bernt Daniel Odfjell says "constitutional" need for departure of price fixing MD.
- Teekay confirms Qatar gas deal
Owner to build three vessels at Daewoo for $510m
- Fake ISPS papers for sale
Security firm claims "black market" exists for forged certificates as new anti-terrorist law takes effect.
- P&O sells property
Port and ferry company uses proceeds from sales in US and Germany to cut debt.
- Aboitiz not there yet
No final plans to integrate shipping with other businesses have been made, Philippine group says.
- Interim scrap totals sink
Deathly hush hangs over demolition markets despite high prices as owners opt to trade on.
- Cocaine on PM's ship
Canadian police find 83 kilos of the wrong sort of coke on CSL bulker.
- SCI plots order spree
Indian giant wants 10 newbuildings after being freed from shackles of protracted privatisation.
- Essar linked to OSG VLCC
On back of charter deal to Indian Oil Corp as it grows its tanker operations.
- Northlink in the red
Subsidised Scottish islands ferry operator in trouble as it seeks to retain government contract.
- Spill contained at Everglades
Firefighters tackle major storage tank leak at Florida terminal.
- Al-Qaeda "plotted canal bomb"
Terrorists targeted vital Panama waterway, Honduran minister claims.
- Spy in the sky
UK, Germany and Netherlands are using latest satellite technology to catch oil spill offenders.
- PNSC goes fourth
Pakistan state owner eyes another tanker for domestic imports.
- SSA ends Iraq tenure
US port operator completes Umm Qasr management contract as coalition hands over control.
- Sjaastad leaves Odfjell
Tanker owner's boss "mutually agrees" to part with company after completing jail time.
- Aussies in double Thai detention
Precious Shipping makes the headlines for all the wrong reasons as two ships are held in May.
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| JULY 1, 2004 |
- Carriers add Pacific capacity, but space remains scarce
- Coast Guard says it will board every foreign-flag ship in a U.S. port
- Maersk Sealand meets ISPS deadline
- CMA CGM acquires stake in French cruise company
- FedEx to expand air service to Japan
- WCO forms security and facilitation strategic group
- USDA concludes second BSE meeting with Japan
- Bush administration considers adding Iraq to GSP program
- Survey: Compliance with ISPS code varies among European ports
- SSA hands over Umm Qasr management to Iraqis
- McHugh retires from CSX World Terminals
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| JULY 1, 2004 |
- NIS no longer competitive
A high-powered committee, headed by the shipping lawyer Berit Stokke of law firm Thommessen Krefting Greve Lund, is currently ...
- Ministers meeting in Moscow: no more singlehull tankers in the Baltic
The Russian Government has promised only to use double-hull tankers for their oil export from the Baltic area. That ...
- USCG promises to be sensible on ISPS code
US Coast Guard will police the ISPS code as sensitively and sensibly as possible in order not to disrupt trade ...
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