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| MAY 21, 2004 |
Shipping News
- Terror-piracy nexus: IMO seeks global action
THE head of the International Maritime Organisation said international action may be necessary to counter the threat from a nexus of terrorism and piracy in the Malacca and Singapore Straits.
- Lines risk port ban as ISPS deadline looms
MOST of the world's ships risk a ban from ports and the loss of insurance unless they put anti-terrorist measures in place and get them certified within 40 days.
- Greenpeace wins ship boarding case
A US judge on Wednesday acquitted environmental protection group Greenpeace on charges it conspired to break the law by sending activists aboard a freighter carrying illegally felled mahogany.
- Singamas expects H1 box output to rise 17%
SINGAMAS Container Holdings Ltd, the world's second-largest shipping container maker, said it will make 260,000 20-foot containers in the first half of this year, 17 per cent more than a year earlier.
- Ice-breaking ships polluting Antarctica: report
TOXIC chemicals from the hulls of ice-breaking ships are polluting the seas of Antarctica, according to a report in the latest issue of the British weekly New Scientist.
Air and Land Transport
- Oil price hike: more trouble for airlines
THE ailing US airline industry, still trying pull out of the slump following the Sept 11 attacks, faces more turbulence as surging oil prices threaten to prevent a return to profitability.
- A380 delivery on schedule: Qantas
- New report adds to Boeing's tanker woes
- 6-month suspended term for making hoax calls to pilots
- Royal Tongan Airlines collapses: report
Admiralty Casebook
- UK Chamber of Shipping told to toughen alcohol guidelines
THE UK's Department of Transport has called on the country's Chamber of Shipping to revise its guidelines on alcohol misuse to include strict new laws on alcohol and drugs that will shortly come into effect.
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| MAY 21, 2004 |
- US, Australia sign free-trade agreement
- Wan Hai expects Asian freight rates to rise 31pc
- OOCL Logistics moves headquarters to HK
- CCNI HK to be general agent for CCNI SA
- KMTC vessel makes maiden voyage to namesake port
- NOL appoints new director
- IMO recommends fund to set up SAR services in Africa
- Malaysia airlines to fly to second Cambodian destination
- Hainan Airlines launches first charter cargo service
- Stansted Airport to become UK's second biggest cargo hub
- Fraport first quarter net profit slumps
- easyJet challenges Air France, KLM merger
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| MAY 21, 2004 |
- Container overcapacity may be back to haunt liner industry in end-2006, say analysts
- Asean will emerge as prime destination for exporters: Capexil
- Major Iraqi orders to cheer tea industry soon
- Salalah port grows to second-busiest in Gulf - Success attributed to aggressive marketing & high standards
- It’s official! Delhi-VCT railway service on stream
- Fresh Customs rules may boost dry flower exports
- Need for fiscal empowerment stressed
- Tea industry seeing better times
- Global economic recovery makes RBI more optimistic of GDP growth
- Industry’s pulse races as Doctor of India’s Economic Health becomes PM
- Prescription: Reforms with a human face
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| MAY 20, 2004 |
- ISPS code: Worrying figures as deadline looms
With just 40 days remaining for the certification of ships' security measures under the ISPS code, it has emerged that the vast majority of the worlds ships still do not comply, leaving them exposed to loss of insurance and a ban from ports.
- Singapore bunker market lagging cargo gains
Many shipowners are adopting a hand-to-mouth approach when buying bunkers these days in the hope that prices will come down from the stratosphere soon.
- Business as usual despite Japanese storm warning
- Low Singapore distillate stocks drained further
- Italian market yet to catch up with bullish crude
- Singapore residual stocks still high after weekly draw
Higher purchases from Hong Kong and South Pacific make up for drop in Chinese fuel oil imports.
- Rising Asian demand prompts merger
An anticipated rise in bunker fuel demand in Asia has prompted two Japanese trading houses to merge their petroleum product operations.
- Malaysia: Ship arrested for non-payment of bunkers
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| MAY 21, 2004 |
- World Mail & Express in Berlin (May 25-27, 2004)
- Gefco banks on TimoCom-GBG
- Congestion tax to be introduced in Stockholm
- Positive outlook for Switzerland’s forwarding industry
- ICA launches new Koper-Graz blocktrain
- Romania’s Tarom is in financial difficulties
- Pil Pacific International Lines opens new Far East liner service
- Exel appoints Thomas Heydorn as Seafreight Directo Emea
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| MAY 20, 2004 |
- Vessel prices soar as S&P value group forms
- Odfjell boosts fleet with second-hand deal
- Norden stake benefits Torm
- Pacific Basin plans IPO
- Drakos heads CMA
- Lasco exercises newbuilds option
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| MAY 20, 2004 |
- Using IT to enhance port security
Ingersoll-Rand executive to speak at ASCE event
- Judge tosses out ship boarding charge against Greenpeace
Government presents insufficient evidence
- Tenth Incat on cross-Channel service
One-time HMAS Jervis Bay returms ferry link to Boulogne
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| MAY 20, 2004 |
- Port of Vancouver, BC contributes to local tax rolls
- Stelmar Shipping creates crew management arm in Philippines
- Crowley scholarships go to California Maritime Academy students
- Horizon Offshore barge buring off Georgia coast
- Oil sheen spotted at The Dalles Dam
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| MAY 21, 2004 |
- Li Ka-Shing rescues CSCL share offer
HONG Kong tycoon Li Ka-shing yesterday flew to the rescue of the stuttering initial public offering of China Shipping Container Lines.
- Greenpeace handed victory in ‘sailor mongering’ case
GREENPEACE scored a loud victory in Miami as a US federal judge granted the group’s motion to dismiss a federal case brought against it for "sailor mongering".
- Poulides’ parting shot serves up Festival conspiracy theory
FESTIVAL’S struggle for survival descended into farce yesterday when founder and chairman George Poulides broke cover to say goodbye to his staff before a directors’ meeting in Italy.
- Straw’s short shrift on cruise call row
BRITISH foreign secretary Jack Straw yesterday demanded that Spain immediately stop the "disruption" caused by the ban on cruiseships that have called in Gibraltar entering Spanish ports, writes David Osler.
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| MAY 20, 2004 |
- Ministers discuss cruise crisis
GIBRALTAR’S trade and industry minister, Joe Holliday, has called on the UK and Spain to resolve the cruise ship crisis, which he described as a "no-win situation".
- Falklands link to Portsmouth, UK
FALKLAND Islands Holdings, the UK company that operates Port Stanley port, has acquired a 21.6% stake in Portsmouth Harbour Ferry Co.
- APL Jade charges dropped
A Miami federal court judge dropped charges against Greenpeace yesterday, ruling there was insufficient evidence in the APL Jade case
- Double skin decision welcomed
THE IMO’s Maritime Safety Committee has rejected plans that would have made double skins on bulk carriers mandatory by 2007
- Task force blocks shrimp scam
AN anti-smuggling task force has discovered that Philippines has been used as a transhipment point for Chinese shrimp exports illegally shipped into Europe
- Torm quarter beats full 2003
D/S Torm, the Copenhagen-based listed product tanker and dry bulk shipping group, expects a good year after bullish first quarter interims
- SpeedFerries emulates airlines
- Poulides vents anger at French
- Court tells UACL to change its name
- Service not price, urge shippers
- Trade growth will strain US ports
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| MAY 20, 2004 |
- NCBFAA wants food rules harmonized
Trade group asks FDA to align Bioterror prior-notice deadlines with Customs rules for advance cargo reporting.
- Trade: Feds should regulate security
Customs & Border Protection measures making companies more efficient by forcing them to take a closer look at their operations, executives say.
- Currency volatility may not hurt trade: IMF
- Report: Russia, EU close to WTO deal
- Record lifts for Tacoma yard
- Foes to appeal Houston port decision
- CMA CGM adds trans-Pacific service
- More trade seen for Washington ports
- Brazil export boom short on containers
- China Shipping cuts IPO size again
- Kalmar gets big Antwerp order
- Northwest deploys A330-200s
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| MAY 20, 2004 |
- EPIC’s Med move may be catalyst for more Cagliari cargo
P&O Nedlloyd (PONL) has confirmed that the Europe Pakistan India Consortium (EPIC) has swapped its central Mediterranean call to Cagliari from Malta’s Marsaxlokk.
- Indian garment producers set up Antwerp distribution warehouse
Tuticorin-based logistics company St John Freight System has tied up with Tirupur Exporters Association (TEA) to operate an off-shore warehouse in Antwerp on behalf of knitwear exporters.
- Rocketing charter costs sees ANL drop PNG ship ahead of possible 'new initiatives'
- Höchst Trimodal port links Frankfurt with Rotterdam and Antwerp
- Volume swings underline uncertainty around Baltic States’ EU accession
- Lykes Lines launches US Gulf- Brazil service
- Hong Kong container throughput sees growth
- SE Asia trade carriers are to lift Australasia rates
- SITC and CMA CGM to co-operate
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| MAY 21, 2004 |
- PDVSA not set on tanker deal
Executive tells New York audience newbuildings in 'planning' stage only.
- S&P 'negative' on Teekay
Ratings agency affirms ratings following Tapias buy, but breaks from Moody's in questioning tanker giant's course.
- Tale of two stocks
Investors have sent Stelmar stock soaring since Monday, but would-be buyer OMI is getting the opposite treatment.
- Shreyas soars
Indian boxship player eyes more local business and international markets in push to expand.
- Essar’s profit soars
Indian owners Shashi and Ravi Ruia reap the benefit of buoyant tanker and dry cargo market.
- Marine paint polluting Antarctica
Icebreakers identified as possible cause of high tributyltin concentrations on seabed.
- Sickness haunts Pacific Sky
Third reported norovirus outbreak onboard the P&O Australia cruiseship in six months.
- Grimsby still top dog
UK ports figures show Grimsby/Immingham was biggest importer and exporter in 2003.
- The remains of the Tricolor
Only mangled steel is recovered in final phase of car carrier wreck removal.
- Lyman removes directors
Ukrainian yard dismisses five members of its board in management shake-up.
- Halim Mazmin slides back
Drydocking requirements cut returns for Malaysian shipowner.
- Attica's on the up
But numbers are down for Greek ferry player on Baltic and North Sea sailings.
- Ice-breaker on track
Long-delayed nuclear-powered 50 Let Pobedy to be finished in St Petersburg by end of 2005.
- Namura in the red
But Japanese yard looks ahead to profitable year after falling to a loss in 2003/4.
- Pacific Basin linked to IPO
Handysize bulker operator said to be eyeing listing in Hong Kong despite local market turmoil.
- Profits ease at Toei Reefer
Disappointing fourth quarter drags down full-year results at Japanese tuna shipping company.
- Steel hat trick for Cosco
Chinese giant signs another deal for domestic metals transport.
- Vanished ferry resurfaces
Panic over as ferry makes for Singapore after bad weather disables communications equipment.
- Formosa in double US detention
Taiwanese-based shipowner sees bulker and tanker held as Americans detain thirteen ships.
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| MAY 20, 2004 |
- China Shipping adds sixth Asia/U.S. West Coast link
- MarAd seeks comments on "fair and reasonable" rate policy
- Seventh Croatian-built car-truck carrier delivered to Grimaldi
- Horizon Offshore cites barge fire in Atlantic
- SAS cargo triples all-cargo flights from U.S. to Scandinavia
- NCBFAA weighs in on bioterror rules
- UPS Trade Direct Ocean service expands
- WCO, Interpol organize conference against counterfeit goods
- Large logistics park planned in Shenzhen
- KTM Motorcycles selects Con-Way as U.S. logistics provider
- U.S. provides $1 million for WTO technical assistance programs
- Exel Direct names Flowers president
- Avalon's Houston office has new address
- Court dismisses felony case against Howland Hook, Ragucci
- Los Angeles inbound containers up 6% in April
- Coast Guard, MarAd receive LNG port application
- New York-New Jersey Port Authority's Maynard dies
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| MAY 20, 2004 |
- Easy ship transfer in EU through new directive
The new transfer of ships regulations will enter into force on 20 May. They regulations cover the transfer of ships ...
- Danish multi-supply vessel in "Prestige" recover work
Esvagt, subsidiary of Em. Z. Svitzer A/S, has signed their multi-purpose supply ship "Esvagt Connector" for a period ...
- No mandatory rules for dubble hull on dry bulkers
Greece won a fierce row with the U.K. in the IMO Maritime Safety Committee, and as a result there will ...
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