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| JANUARY 13, 2004 |
Shipping News
- Plan for box terminal at Kochi port revived again
THE on and off plans for the building of a container transhipment terminal at India's Kochi port is on again, but this time with more reasonable terms and concessions for global investors.
- IRI opens branch in S'pore
INTERNATIONAL Registries Ltd, the Asian unit of the administrator of the Marshall Islands ship registry, has opened a branch office in Singapore, adding to the growing number of branch offices of the world's ship registries.
- NYK plans China port expansion
NIPPON Yusen KK , Japan's largest shipping line, plans to expand its port loading operations in China as automakers including Toyota Motor Corp and Honda Motor Co start to export vehicles from there around Asia.
- Myanmar and Thailand to build deep seaport
MYANMAR and Thailand will start building a deep seaport at Dawei, southern Myanmar's Tanintharyi division, later this month under an economic cooperation strategy of Cambodia, Laos, Myanmar and Thailand, the local Business Tank reported in its latest issue.
- Installing defences against human errors
THE scale and frequency of major maritime incidents has long been a concern to ship operators and their P&I Clubs.
Air and Land Transport
- US may use Europe's data to test plane security system
STYMIED by the domestic airlines in trying to test a massive new computer system meant to identify people who are risks to civil aviation, the government is thinking of using data collected by European airlines instead, an official said on Sunday night.
- THAI cuts domestic fares by up to 40%
- Global air traffic likely to rise 4% this year: ICAO
- China considers setting up budget airlines: report
- SIA to fly to Shenzhen
- Log Book
Port Shots
- Port Shots
HYUNDAI Heavy Industries Co, the world's biggest shipbuilder, and its affiliate won an order to build five container ships from South Korea's Hanjin Shipping Co for US$348 million.
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| JANUARY 13, 2004 |
- Hamburg Sud revises US/Asia services
- New CEO for CSX World Terminals
- First zero-tariff goods cross the border
- SeaSecure chosen for anti-terrorism training
- Singapore and ICAO sign aviation training pact
- New Airbus president in China
- Martinair founder elected to Tiaca's Hall of Fame
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| JANUARY 13, 2004 |
- 1st LNG tanker for India, SS Disha delivered
- Cosco now in complete charge of agency operations in India - Takes over Eastern region functions from Jan. 1
- Gross registered tonnage up by 7.68 pc in 2003, reveals DGs data
- Mittals sell 4 pc stake in Mercator Lines
- MoS presents blueprint on Sagar Mala project to Prime Minister
- S. India auto parts makers foresee Rs 3,400-cr. orders
- Export of auto parts may total $ 1 bn by March 2004
- US shrimp importers on buying spree to avoid payment of dumping duty
- Sesame seed exports surge with Chinese demand
- India, Gulf nations identify areas for closer business ties
- Seafood exporters get ready to fight anti-dumping case
- India, UK set to enhance bilateral trade
- Customs chief lauds CONCOR’s role in development of ICD-Nagpur - ...suggests panel of ICD-users to resolve Customs-related woes
- Forex reserves up by $ 541 million to $ 1,00,590 million
- Duty rebate claims can be filed at any Central Excise commissionerate
- Surge in commercial credit in third quarter indicates healthy growth of economy
- All 121 plots in AP apparel export park sold out
- Apeda to train producers of organic honey to boost exports
- Forex reserves swell by $ 1.513 bn
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| JANUARY 12, 2004 |
- Gulf Coast firm, RME in short supply
- Stena Oil takes new bunker tanker on T/C to support growth
Gothenburg-based bunker supplier Stena Oil AB announced today that it has signed a two-year charter agreement with a local tanker operator. The company said the new charter will support further growth and meet client demand in a growing market.
- GAC signs global network agreement with Wilford & McKay
- Istanbul MGO feels the cold
- Operational issues dominate Egyptian market
Operational issues are rife in Egypt at the moment. In Port Suez, good avails were reported, however extreme weather conditions are hampering deliveries...
- Bearish sentiment sees demand slow down on the rock
- New owners for UK bunkering venture, launch due this summer
The Greek owners of Portland Bunkers International Limited (PBI), a venture that is in the process of setting up a bunkering facility at Portland on the south coast of England, have entered an agreement to sell 100% of its shares in PBI to a UK registered downstream energy company. PBI plans to offer a convenient and competitively priced bunkering stop for vessels trading in Europe.
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| JANUARY 12, 2004 |
- Odfjell executive start jail sentence
- Norwegian orderbook lowest ever
- All time high in Trelleborg
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| JANUARY 12, 2004 |
- ISPS Code "could lead to charter party disputes"
- Singapore box capacity to get 20% boost
- UAE ports volumes soar
- Anglo Eastern gets Dockwise management contract
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| JANUARY 12, 2004 |
- P&I claims set to soar
Increased freight rates, tougher conventions and softer dollar don't help
- MAN B&W offers new LNG ship engine
ME-GI engine design builds on experience from the earlier MC-GI combined with developments in the latest electronically controlled ME engines
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| JANUARY 12, 2004 |
- Corps issues decision on Columbia channel project
- CAir Force taps Boeing for GPS III study contract
- Air cargo association names Schröder to hall of fame
- Port of Portland terminals back on line following ice storm
- Ampac service partners boost vessel count to 11
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| JANUARY 13, 2004 |
- Political pressure piles on shipping chiefs to hit ISPS deadline
BRITAIN’S shipping authorities are under political pressure to secure 100% compliance with the International Ship and Port Facility code by the July 1 deadline, according to sources in the Maritime and Coastguard Agency.
- Only two tankers for sale, says Prisco
PRIMORSK Shipping Corp has confirmed that it plans to sell two product tankers, but has denied that the offering represents the fag end of a bid to offload up to 12 ships, writes Hugh O’Mahony.
- Willis warns of stress caused by QM2-type super-risks
A WARNING that new risks on the scale of the Queen Mary 2 could place extra strains on the marine insurance market has come from experts at broking group Willis, writes James Brewer.
- Owners fear greater losses arising from new cargo regime
THE world’s shipowners risk being dangerously exposed to financial loss under an emerging new cargo liability regime currently being debated at the United Nations Commission on International Trade Law.
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| JANUARY 12, 2004 |
- Erika warrants turn diplomatic
MALTA has insisted that as state officials, Malta Maritime Authority’s Dr. Marc Bonello and Lino Vasselo, enjoy state immunity after a French judge threatened warrants for their arrest
- New EU demands for VDRs
DEADLINES for fitting voyage data recorders (VDRs) to ships should be brought forward to help bring "criminal sanctions" against maritime polluters, says a Finnish MEP
- V.Ships Agency opens Fujairah facility
V.SHIPS Agency today opened its 2,800 m² purpose-built storage, warehousing and office facility in Fujairah port, underlining its increased presence in the UAE
- New contract benefits Glasgow
ANGLO-Eastern Group today announced the signing of a contract for the technical and crew management of Dockwise’ heavy lift fleet of 19 ships
- Jamnagar prepares for ISPS
THE Reliance Terminal at Jamnagar, India is urging ships to send pre-arrival information in the new standard format at least 24 hours in advance of arrival, says GAC India
- Baltic port seeks more cash
UST-Luga, Russia's newest Baltic port, is seeking to raise fresh capital to expand its burgeoning coal shipments
- MCA issues security plan reminder
- Shrimpers battle anti-dumping claim
- Fallen containers clog Port Kelang
- Baltimore in record tonnage
- Norwegian yards still suffering
- Nigeria moves on port security
- Coalition changes Iraq trade regs
- Hutchison imposes security charge
- Transport security forum in Cairo
- Crew need better ‘crisis’ training
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| JANUARY 12, 2004 |
- Trade outlines 'principles' for FMC
Groups hope checklist will guide agency as it considers OSRA relief for non-vessel-operating common carriers.
- West Coast truck waits reduced
Truck lines vanish since Calif. idling law took effect last year; employers, labor spar over reasons.
- Short-sea shipping faces obstacles
Coastwise transport has array of commercial, regulatory obstacles to overcome before it's a viable alternative to trucking, experts say.
- UPS names new Europe chief
- Record China shipbuilding in 2003
- No change for TACA surcharges
- APL moves to private Sri Lanka terminal
- New terminal opens in New Orleans
- New U.S. CEO for GeoLogistics
- Larson named FMC General Counsel
- More restructuring help for Mexico's TMM
- Schneider National hiring 400 drivers
- Management Dynamics tabs Cooke for sales
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| JANUARY 12, 2004 |
- Sale of Uniport drastically changes face of Rotterdam box-handling scene
Uniport is to be sold to Steinweg Handelsveem, a move which implies Hans Vervat will completely quit Rotterdam maritime container transhipment, having recently sold Uniport’s sister-terminal Hanno.
- Carriers refused to pay Hutchison UK’s security charge
Shipping lines have refused to pay Hutchison Ports UK’s security charge, to be levied on February 1, and so the operator decided to direct the charge at forwarders and agents.
- Cochin Port goes ahead with re-bidding Vallarpadam transhipment terminal
- AADA prolongs peak season surcharge
- EWS 2003 freight figures up, on end to ‘clandestine entrants’ disruption
- Port of Portland clears three-day ice-storm backlog
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| JANUARY 12, 2004 |
- Seaway goes after new business
Great Lakes manager creates new marketing position in bid for more traffic.
- Queen Mary 2 sets sail
World’s largest cruise ship begins maiden voyage from Southampton.
- Rates soar in Bosporus traffic jam
Oil supplies through Turkish straits hit by triple-whammy of problems.
- TMM a step closer to restructuring
Company wins two-thirds support for bond swap plan.
- Master slated over grounding
Senior officers of Sealand Express held responsible for avoidable casualty.
- Kristian Gerhard Jebsen "wins Tordenskjold battle"
Norwegian owner reportedly signs up to buy 20 cement carriers from bankrupt compatriot.
- Large tanker rates surge
First of World-Wide VLCC newbuilding duo commands three-figure Worldscale level.
- Motia orders at STX
Italian owner could add up to six tankers to fleet from Korean yard.
- Second body found from newbuilding blast
Italian authorities recover missing crewman from Clipper tanker explosion.
- Nigeria LNG pencils in shipping contracts
But deals cannot be confirmed until train investment finalised.
- India imposes tanker age restrictions
But brokers say country is simply following lead of load ports and industry trends.
- Gdynia trusts in revenue jump
Polish yard aiming to rake in cash this year after building orderbook.
- Bergesen scraps LPG ship
Owner nets top dollar in sale to Chinese breakers.
- Hanjin gets a bargain
Price for five Hyundai ships comes in lower than expectations.
- Anglo-Eastern to run Dockwise ships
Industry competition prompts heavy lift specialist to concentrate fleet management with single firm.
- SK Group chief jailed
Son Kil-Sung behind bars in embezzlement case, accused of siphoning funds from shipping unit.
- Montenegro aims to relaunch shipping industry
State-owned company to start buying ships this year, government says.
- James Fisher names new recruit
Former project director of AWSR consortium joins UK shipowner as it targets more military work.
- Israel Corp aims for 100% of Zim
Holding company to buy out government stake and minority shareholders in container line.
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| JANUARY 12, 2004 |
- CKYH alliance to add 14th transpacific West Coast link
- Hanjin orders five 6,500-TEU ships for Asia-Europe
- Americas West Coast carriers expand AmPac service
- Cathay Pacific may double freighter fleet by 2007
- Bush administration sets goals for Iraqi transportation system
- DFDS gets "A license" in China
- U.S. manufacturing inventories down as orders remain slow
- U.S. Treasury Department warns against cooperating with Arab boycott
- Iraqis plan first trade fair since overthrow of regime
- U.S. International Trade Commission tackles Chinese wooden bedroom furniture
- Millers' association to step-up lobbying for food-aid programs
- Jones named chairman of cargo security group
- Alameda Corridor board expands role to other freight projects
- Napoleon box terminal opens in New Orleans
- Sharjah ports' box traffic up 15% in 2003
- Alabama port loses intermodal director
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