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| MARCH 12, 2004 |
Shipping News
- Booming maritime industry to leave 5,000 jobs unfilled by '13
ROBUST growth forecast for Singapore's maritime industry could widen the current shortfall in skilled manpower that has left 3,500 positions unfilled, a situation the government aims to address following the release yesterday of a detailed manpower study.
- New shipping degree courses to boost workforce
TWO new maritime degree programmes will form part of the three-prong plan to attract more people to a career in the maritime industry, in a bid to meet rising manpower needs, the Maritime and Port Authority of Singapore said yesterday.
- New Indon-Philippine route to cut transit time to US
A NEW transshipment route between the Philippines and Indonesia has been established which will reduce by half the transit time between Indonesia and the US.
Air and Land Transport
- AirAsia to raise RM760m in IPO
AIR Asia, the Malaysia-based budget airline, will launch an initial public share offering to fund its ambitious expansion plan, the company said yesterday.
- Cathay may expand fleet to meet rising demand
- Viet Air mulling flights to Mumbai
- Swiss chief quits amid lawsuit talk
- Ryanair opposes higher passenger charges
- LOG Book
Admiralty Casebook
- Lack of scuttling evidence need not warrant an accident ruling
JUST because a judge was not prepared to reach a positive conclusion that a vessel had been deliberately scuttled, that did not mean that he was obliged to conclude that the vessel sank by accident, the Queensland Court of Appeal ruled last month.
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| MARCH 12, 2004 |
- HK to table ship and port security bill for legislation
- Worldwide Logistics, ThreeSixty Sourcing form partnership
- 35 firms bid to build Batam Island container port
- Exporters now lodging electronic entries with NZ Customs
- Sea Containers posts higher earnings in 2003
- Cargo upswing for Cathay in February
- China Airlines' sale on hold until after Taiwan presidential elections
- Menzies wins cargo handling contract from Aerolineas Argentinas
- Kitty Hawk begins airport to door deliveries
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| MARCH 12, 2004 |
- MSC commences direct service to Europe ex-MICT
- Freight rates set to soar as Asian shippers ride China boom
- Handicraft exports surge by 20 pc
- APM Terminals-CONCOR combine emerges highest bidder - Bidding for JNP’s 3rd container terminal
- Capt. Rustom Dastoor to be new NSICT GM
- VCT sets all-time high berth rate of 48.9 moves per hour
- Sharjah Ports & Customs Authority team coming on March 16
- Indo-UAE JBC meet gets down to business
- Nanik Rupani elected IMC President, Rajesh Kapadia Vice-President for 2004-05
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| MARCH 11, 2004 |
- ARA: Suppliers opposed on demand in volatile market
- Brazilian market update
- Slower demand moves earliest Italian delivery to within 24-hours
- China and 'unpredictable' bunker demand trigger IEA revision
Inter-governmental think-tank hikes 2004 demand predictions, blaming unpredictable demand from China and international bunker market.
- Suppliers rush to comply with MPA scheme
A number of Singapore bunker suppliers have already met stringent MPA Accreditation Scheme requirements, suppliers said today.
- Singapore sentiment turns as market awaits cargo influx
Buyers reported to be 'trickling' back as market gears up for arbitrage cargo arrivals next week
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| MARCH 12, 2004 |
- Ghana - electronic customs procedures for exporters
- Nigerian Customs - Clean Report of Findings
- Deutsche Post reports records sales in 2003
- Conliner to use VLS terminal for new Milan shuttle
- Continental Airlines offers more flights to Mexico
- Two new container gantries for Eurogate Hamburg terminal
- New Chairman for Hong Kong Container Terminal Operators’ Association
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| MARCH 11, 2004 |
- IMO "should use Equasis" for fleet data
- Bad weather hits Bow Mariner search
- Sound results from DNV
- Equasis reports strong month
- LR signs Greek deal
- UK to cut light dues, by a penny
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| MARCH 11, 2004 |
- Asian naval spending set to soar
Predicted to double by 2009
- Singapore maritime industry to keep growing
Manpower study finding
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| MARCH 11, 2004 |
- Port of Vancouver, USA Oks TriStar Transload expansion
- Royal Olympic vessels going up for auction
- Portland transportation clubs schedule Industry Reunion event
- Parking rates going up at Portland Airport
- Transportation Services Index finds more freight on the move
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| MARCH 12, 2004 |
- NOL in last ditch bid to buy P&O Nedlloyd
NEPTUNE Orient Lines made a last ditch attempt to acquire P&O Nedlloyd before the rival containership operator receives a stock market listing by reversing into Nedlloyd, Lloyd’s List was told yesterday.
- Outrage as terror bombs hit Madrid
WORLD leaders joined in a chorus of condemnation after the Madrid bombings yesterday, which had claimed 182 lives and injured 900 as Lloyd’s List went to press, writes Rob McKay.
- Green strikes it rich with remuneration
JUST two months into the job, Philip Green, chief executive of the P&O Nedlloyd, has landed a basic salary of more than half a million pounds, the Nedlloyd Information Memorandum has revealed.
- European ministers agree further subsidies for shipbuilders
EUROPE’S council of ministers has approved further subsidies to the continent’s struggling shipbuilding sector.
- ‘Bush war’ on maritime unions
MARITIME unions in the US are gearing up for a bitter fight against a proposed new labour relations system for Department of Defense workers that they say is a calculated threat to their very existence.
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| MARCH 11, 2004 |
- Stocks fall after Madrid bombing
SHARES in transport and leisure stocks fell on a broad scale across Europe today after terrorist attacks in Madrid claimed more than 170 lives
- US cruise response to Madrid
US cruise companies told Fairplay this afternoon that their response to the bomb blasts in Madrid today would depend on advice given by security authorities
- Bow Mariner sisterships inspected
ODFJELL Seachem, owner of the Bow Mariner, the chemical tanker that exploded and sank off Virginia on 28 February, is inspecting sister ships for potential risks
- USCG promises aggressive inspections
THE US Coast Guard will board every foreign vessel arriving at a US port with a security certificate issued under the ISPS code and will make "aggressive" inquiries
- Spain on cruise alert
FURTHER security measures could be applied at the port of Barcelona’s cruise terminals if terrorist attacks in Spain escalate
- Port au Prince re-opened
PORT-AU-PRINCE, Haiti’s largest port, is again open to container traffic and should be open by next week to bulk carriers
- No resolution yet to Irish dispute
- EU to extend shipyard subsidies
- SSW crisis talks resume next week
- Australian exports up, earnings dip
- Torm tankers boost earnings
- HK harbour reclamation goes ahead
- Caspian oil trade prepares to grow
- New funds for Brazilian shipbuilding
- Festival rumours dismissed
- Karachi offers new work to Smit
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| MARCH 11, 2004 |
- Industry has to share in port security expense, says Hutchinson
Homeland Security official defends government spending, says private sector has to foot some of the bill for increased security.
- Transportation index shows U.S. economy strengthening
- CN Rail union rejects arbitration
- FedEx, UPS want fair package delivery market
- Cargo up at Lufthansa, BAA
- Bulker TORM boosts 2004 forecast
- NTSB: Half of railroad tank cars subpar
- USDA: High ocean rates hit corn exports
- GE, SAIC to collaborate on 'smart' container
- Yellow Roadway raises Q1 earnings estimate
- Unions call for ban on RR remote control
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| MARCH 11, 2004 |
- NOL denies fresh PONL acquisition rumours
Neptune Orient Lines, the parent of APL and APL Logistics, has denied that it is planning to proceed with a ‘substantial acquisition in the near future’.
- Dutch ministers evasive on question of RPA majority stake
The Dutch cabinet has reopened the question of a majority stake in the Rotterdam Port Authority (RPA), as part of a larger agreement to finance the second Maasvlakte.
- CN to table final offer to striking staff
- Australian tax authorities examine container leases
- Maersk-Concor wins JNPT Terminal three tender
- Strikes will hurt Brazilian credibility and exports ‘in the medium term’
- Serious C-TPAT understaffing critical says trade lawyer
- Carriers vent opposition to South Carolina security fee
- Trans-European Network projects Green-screened in vote
- Czech barge company appoints Rhenus as agent
- Norasia Integra delivered into new transpac service
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| MARCH 11, 2004 |
- Bow sistership was "at risk"
Bow Power held a year ago over "dangerous" oxygen levels.
- Danish ferry line back in red
Mols slumps to big loss in 2003.
- Alstom warns on losses
French industrial and shipbuilding group says may have to renegotiate debt with banks.
- Norden stake boosts Torm profits
$111m gain from 33% holding for Danish product tanker operator.
- Comanav launches French Med route
Moroccan shipowner to link Tangier to Port-Vendres in October.
- EU rubberstamps move to extend yard aid
European yards to benefit from handouts until 31 March 2005 or dispute resolution date.
- Kazmortransflot orders tanker trio
Kazakh owner will take delivery of three ships from Vyborg Shipyard in Russia.
- Japan holds 52 ships
Port state detention list for February includes MISC, NYK and Wan Hai ships.
- ExxonMobil’s UK LNG terminal slides ahead
Energy major steps up another rung on the approvals ladder.
- Samsung and Tsuneishi break new ground
Report claims first cooperation between Korean and Japanese yards on shipbuilding.
- CNOOC to build China LNG terminal
Chinese energy giant steps on the gas for imports.
- Swire slips on shipping
Hong Kong group’s marine services turned in lower profits in 2003.
- UK cuts light dues
Fees paid by ships for lighthouse upkeep in UK and Irish waters are being trimmed from April.
- U-Ming bulkers held in Australia
Seventeen ships detained during February port state contol inspections.
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| MARCH 11, 2004 |
- Koch: Shippers could be caught in security issues of non-U.S. ports
- House subcommittee increases fiscal year 2005 funds for Deepwater
- UNCTAD says ports, ships delay compliance with ISPS code
- Seaboard Marine ship first into Haiti
- Sweeney to head Crowley's energy and marine services
- Israel Airport Authority picks L-3 detection system
- CN proposes "cooling-off" period for CAW strike
- Apparel Logistics rebuffs Crowley Logistics' petition to FMC
- Trade ministers meet for informal FTAA talks
- U.S. chamber cites benefits of U.S.-Morocco free trade agreement
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| MARCH 11, 2004 |
- Double up for a bulk carrier in 12 months
Double up in one year! That is the current bulk market with record high prices on all kind of tonnage ...
- Fewer accidents in Swedish waters 2002
165 accidents and near-accidents were reported in Swedish waters in 2002, down by 17 compared to 2001, according to ...
- FESCO breaks ice in the Baltic
The Far Eastern Shipping Company, FESCO, diesel-electric ice-breaker "Admiral Makarov" built 1975 in Finland, has operated in the ...
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