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| DECEMBER 22, 2004 |
Shipping News
- Attack on LNG tankers could be catastrophic
A terror attack on a tanker delivering liquefied natural gas at a US port could set off a fire so hot it would burn skin and damage buildings nearly a mile away, government scientists say in a report expected to influence where new multibillion-dollar terminals will be built.
- Keppel yard in Philippines wins navy job
KEPPEL Batangas Shipyard has clinched a drydocking and upgrading contract for three Philippine Navy offshore patrol vessels from UK-based defence and security technology company QinetiQ.
- K Line ups 2009 sales forecast by 9%
KAWASAKI Kisen Kaisha Ltd , Japan's third-largest shipping line, said it is aiming to increase annual sales to a record 950 billion yen by March 2009, 16 per cent more than this year, as it taps rising global trade.
- Moody's raises MISC's ratings outlook
Strait Talk
- To jingle or not to jingle bells
NOW here's a seasonal topic, except that I have ships' bells rather than the sleigh variety in mind.
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| DECEMBER 22, 2004 |
- New SE Asia-Australia service to set sail next year
- Port of Hamburg expects new box high for 2004
- Hapag-Lloyd, NYK to launch US east coast/South America service
- CCNI switches to euros for rates, surcharges
- Dubai joins CSI
- MOL opens Changsha representative office
- Cargo surges in Tianjin's bonded zone
- Emirates SkyCargo buys three A310-300 freighters
- Weihai Airport to open to foreign carriers
- Lufthansa Cargo lowers fuel surcharge
- Germany plans to reduce air traffic control charges
- Mineta to continue to lead US DOT
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| DECEMBER 22, 2004 |
- Safmarine’s Mumbai Port-Salalah shuttle feeder sailing smoothly
- Move to provide sops for cotton exports stalled
- US imposes dumping duty on Indian shrimp
- Exports from AEZs total Rs 2,107 crore
- Dumping duty on imports of oxo alcohol being reviewed
- NSICT pendency eases further even as Task Force reviews situation
- Tuticorin Port Trust taking IDBI loan to settle debt to Japan Bank
- CONCOR’s CFS-Chhani inaugurated
- Emirates SkyCargo to buy 3 more freighters
- Concor to set up 25 ICDs, double wagon fleet
- Plan panel’s roadmap for core sector growth in a month
- MCX may dilute equity holding soon
- IOC to bid for 3 Nigerian refineries
- Agriculture to be a major focus area of NFTP, announces Kamal Nath
- Govt supporting food processing units’ upgradation
- No ambiguity in Press Note 18: Kamal Nath
- RITES bags export award
- PHDCCI calls for better debt restructuring plan for SSIs
- Maritime commission is need of the hour
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| DECEMBER 21, 2004 |
- Chinese fuel oil demand confounds IEA predictions
Over 1 million mt in fuel oil imports in November make light of IEA predictions of slowdown in imports as new coal-fired generating capacity in China starts-up.
- Uruguay market update for the holiday period
- Personnel changes at Curoil
- Supply imbalance widens Singapore/Fujairah 380 cst spread
Supply imbalance has reversed the normal price differential between bunker market prices for 380 centistoke (cst) fuel oil in Singapore and Fujairah.
- Singapore celebrates billionth tonnage mark with port due cuts
Maritime and Port Authority of Singapore announces port fee reductions across the board, including incentive for bunker-only calls, as landmark shipping tonnage is reached.
- Rotterdam barge tightness stretching till end of year
- Year-on-year decline in Russian fuel oil exports
- Canada invests in oil spill surveillance
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| DECEMBER 21, 2004 |
- MASkargo launches online airfreight solution
- EU: Barrot wants to limit use of truck toll levies
- ProLogis plans new logistics parks in Italy
- Montan Spedition constructs intermodal terminal in Kapfenberg
- Emirates SkyCargo launches four more services
- Hamburg Süd launches new southeast Asia-Australia liner service
- Eurotunnel confirms Jean-Louis Raymond as group chief executive
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| DECEMBER 21, 2004 |
- Malacca Strait piracy kidnappings "very serious"
- KOTC orders at Jurong
- New SE Asia-Australia service
- Japanese CG patrol ship in China Sea piracy drill
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| DECEMBER 21, 2004 |
- Torch Offshore appoints Chief restructuring Advisor
- Bisso Towboat orders tug
- MAN B&W Diesel power for Daewoo LNG ships
- Rogue wave damages Alaska fast ferry
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| DECEMBER 22, 2004 |
- Grindrod ends golden year with dual-listing news
IN AN action-packed few days, South African shipping and logistics group Grindrod has announced a hefty increase in its 2004 profit forecast, disclosed plans for a listing on the London stock exchange, appointed two new directors, and won a prestigious award.
- Removal of Selendang Ayu lies with owner say Alaska officials
THE removal of the Selendang Ayuwreck is the shipowner’s responsibility under state statutes, senior Alaska officials have claimed, setting up a potential flashpoint even as the parties tackling the disaster bask in the present atmosphere of trust and co-operation.
- Russia sets up global insurance
AN UNPRECEDENTED Russian incursion has been launched into the international marine insurance market.
- US warned on LNG terror threat
A HIGH-LEVEL US study has warned of the potentially catastrophic consequences of a terrorist attack on a liquefied natural gas tanker.
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| DECEMBER 21, 2004 |
- Selendang Ayu bunker salvage
SMIT has won the contract to remove the remaining oil from the stricken bulker Selendang Ayu, aground in two pieces off Unalaska Island, US
- Rochester moves to take ferry
THE city of Rochester in the US appears poised to enter the fast-ferry sector through a take-over of the 774-passenger Spirit of Ontario
- Tanzanian ferry captain cleared
THE captain of Tanzanian general cargo/passenger vessel Mapinduzi, who was to be prosecuted for allegedly violating maritime laws, has been cleared of wrongdoing
- Samidoon oil clean-up almost over
SUEZ Canal Authority estimated today that four-fifths of the oil spilled by the Kuwaiti tanker Al Samidoon a week ago has been removed
- Ferries lose competition case
A move by six ferry companies to bring in a common passenger ticketing and cargo handling system between Algeciras and Tangiers has been blocked
- Mild winter helps St Petersburg
RELATIVELY mild winters have contributed to the growth in cargo throughput at the Russian port of St Petersburg
- New La Coruña port go-ahead
- French fishermen threaten EU
- Norwegian tax review 'too late'
- Kolkata demolition attempt fails
- Japan, Korea buy Canadian coal
- India to aid cruise sector
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| DECEMBER 21, 2004 |
- U.S. ports see record peak season
Big November made peak-shipping season busiest ever in the trans-Pacific trades.
- Union Pacific raises 4Q outlook
Despite big asbestos charge, railroad expects earnings to beat previous forecasts.
- Loy to leave DHS
- U.S. won't waive Mexico rail inspection
- P&O sells Boston port properties
- CPR, Canada to fund border inspections
- San Diego new homeport for Pasha ro-ro
- New name for cargo security council
- Singapore cutting port fees
- China firm shakes up Shenzhen operations
- Cargolux trims fuel surcharge
- "K" Line to set up Finland agency
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| DECEMBER 21, 2004 |
- Scheldt capacity limitations hinders Antwerp’s growth
Antwerp announced an 11% growth in volumes, topping 6m TEU for the year, even though capacity constraints stemmed the flow of cargo later in the year.
- PSA remains silent on listing issue
The PSA group and its parent are keeping quiet over renewed speculation that its long-awaited listing on the Singapore Exchange will take place next year.
- China Shipping upgrades Xiamen services
- Foreign trade boosts Tianjin revenues
- APMT Rotterdam cranks up equipment expansion
- Shenzhen Port continues volume growth
- Busan achieves highest monthly throughput
- K Line receives 4,700TEU containership
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| DECEMBER 21, 2004 |
- Oglebay Norton working it out
Great Lakes shipowner's reorganisation plan goes on sale to security holders on Wednesday.
- Athos I berths at garbage dump
The Tsakos group has found an alternative to Kvaerner Philadelphia Shipyard.
- Fortum refinances
Finnish energy company will pay just 25 bps over LIBOR for new revolving facility.
- Maritrans mum on sacking
Jones Act tanker operator Maritrans has fired its operations boss and is not saying why.
- Sabine Eagle flies
Embattled Rick Dean Stickle's only ship has paid out of arrest for alleged non-payment of routine expenses.
- Osterstroms expands
Swedish small-bulker owner beefs up fleet after signing Finnish coa.
- Jurong bags KOTC pair
Singapore yard to build two 4,950-dwt tankers for shipping arm of Kuwait Petroleum Corp.
- Court blow for Odfjell and Jo
Judge rules Stolt whistleblower can be called to give evidence in case against other chemical carriers.
- Vladivostok calling
A Fesco icebreaker is underway to an iced-in US Antarctic research station.
- Smit wins Ayu contract
Dutch company will pump out oil but job to remove wreck still up for grabs.
- Sunny Jewel sinks
Three seafarers missing feared dead, as explosion rocks Asahi Tanker’s chemical and oil carrier.
- NYK teams with Hapag Lloyd
Japanese and German owners to begin joint service between US East Coast and South America.
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| DECEMBER 21, 2004 |
- Maersk Sealand moves to global commercial system
- Med/U.S. carriers plan westbound rate increases
- MOL, coast guards practice VLCC attack drill
- "K" Line open agency in Finland
- Anthony McAllister Jr., of tug-owning family, dies at 75
- UPS completes takeover of Menlo, plans to drop brand
- Hong Kong cargo carrier commits to aircraft
- DHS leadership turnover continues with Loy resignation
- Trade court judge sharply questions CITA lawyer
- FDA amends food additive rules for neutron-based container scanning
- Bonner suggests cap on CSI ports
- Los Angeles port sets aside $60 million for clean air
- Panama Canal maintains cooperation with U.S. East Coast ports
- Port of Auckland box volumes down
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| DECEMBER 21, 2004 |
- Scandlines in scandal about ordering new ropaxes
It has been revealed that it was Scandlines after all which was the buyer of the two large Ro/Pax ...
- Österströms signs logistics deal with Ruukki
Österströms Rederi in Norrköping, Sweden has signed a contract covering transports of one millon ton of steel products for the ...
- Damaged container vessel a worry in Greenland
Royal Arctic Line is trying to work things out after an incident last Friday at Nuuk, Greenland. The 9,500-ton ...
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