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| JANUARY 23, 2004 |
- Prudential Shipping deftly unloads two 94-tonne cranes at Mumbai Port
- MoS move to extend concession/lease period of BOT projects at Major Ports to 99 years
- Walnut export to cross target
- Modest rise in coffee exports
- Markfed to export 20,000 tonnes of sweet onions to Germany
- Flexible slabstock polyol imports attract anti-dumping duty
- Kandla Port Trust initiates process of bidding to develop box terminal
- KoPT to prune dry docking charges
- Trade-wings launches new product services Offers end-to-end logistics solutions
- Software & services export revenue may touch $ 15.5 bn in 2004
- Certain processed textile yarns, unprocessed fabrics get excise duty exemption
- Core sectors record impressive 5.9 pc growth in Dec. 2003
- RBI pegs GDP growth rate at 8-9 pc
- NCAER raises GDP growth rate projection to 8 pc for 2003-04
- Minister Gandhi briefed on cause of poor response to Mumbai-Goa ferry service
- Shifting of hazardous waste from ICD-TKD to ICD-Rewari allowed
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| JANUARY 22, 2004 |
- US Gulf buyers hold back despite softer market
- Oil prices fall as latest US data ease supply fears
High-flying oil prices took a step down from the stratosphere they have been flying in lately as the latest US government data eased fears of a supply shortage. While distillates fell more or less in line with expectations, a sharp boost in crude imports helped inventories recover from a 28-year low.
- Latest DOE & API data at a glance
- ARA region: Demand remains low as prices power lower
- O.W. Bunker & Seka to cooperate at Crete bunker station
Following an agreement with Seka S.A., O.W. Bunker Malta Ltd. will be using Seka's Kali Limenes installation to store cargoes and supply all grades of marine fuels and marine gas oil from the bunker station located south west on the island of Crete. The two companies hope the cooperation will increase competitiveness and attract a wider customer base.
- Italian bunkers continue trouble free run
- Rotterdam market in solid contango as January prices ease
- New Saudi posted prices, market tight
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| JANUARY 22, 2004 |
- Stinnes Freightlogistics adopts DIUM
- Messina Straits Bridge chooses partners
- GeoPost and Lagermax: Joint Venture in Croatia
- New Duisburg-Novara intermodal shuttle for corner heights up to 4 m
- China Airlines resumes service to India
- More delays at the Panama Canal
- Casjens leaves Hapag-Lloyd AG
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| JANUARY 22, 2004 |
- New details of the "Rocknes" grounding
- Mistropoulos at vital Brussel meet today
- "Finnclipper" sails to repair yard
- Record VLCC rates from West Africa
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| JANUARY 22, 2004 |
- EC and IMO report satisfaction at meeting
- EU shipbuilding subsidy set to continue
- Total charters Stena’s P-MAX tanker newbuildings
- Weather kind to St Petersburg bunker suppliers
- EU nod for German yard capacity switch
- Canada looks for firm to check ISPS plans
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| JANUARY 22, 2004 |
- First Wave settles dispute
Gets $8.5 million from Crest
- $4.2 million fine for OMI
Pleads guilty to Illegal dumping
- Appointment at Bollinger
Danny R. Irby named vice-president, new construction
- EU inches towards penal sanctions on ship source solution
Intertanko says a decision is still a while off, but issue won't go away
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| JANUARY 22, 2004 |
- Fuel barge runs aground on Columbia River at Kelly Point
- Locke taps CTED director as head of 7E7 project team
- Portland Airport slates next Noise Compatibility Study meeting
- Cerb funds head for projects in two Washington counties
- Port of Portland celebrating opening of new Toyota facility auto dock
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| JANUARY 23, 2004 |
- Stelios confirms his cruise ambitions
STELIOS Haji-Ioannou has re-affirmed his commitment to entering the cruise business through his easyGroup of companies, writes Tony Gray.
- Entente cordiale for IMO and Brussels
AS THE International Maritime Organization and the European Union announced new heights in their mutual understanding, the European Commission served notice that it will push for rapid adoption of new rules on places of refuge.
- Festival hopeful of 11th-hour bank deal to sort out debts
FESTIVAL Cruises was refusing to throw in the towel yesterday, despite the arrest in the Caribbean on Wednesday of the third of its three Alstom-built ships, the European Vision.
- Tanker rates soar as oil trio dominate chartering
EXXONMOBIL, Indian Oil Corp and Stasco dominated chartering of very large crude carriers on Wednesday, further tightening the market, pushing rates higher and leaving few available large oil tankers for February loadings, writes Martyn Wingrove.
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| JANUARY 22, 2004 |
- De Palacio warns EU laggards
EUROPEAN member states risk being hauled in front of the European Court of Justice next month if they do not fully implement provisions for places of refuge
- Marad urges tariff reductions
MARAD and the US State Department have asked the Federal Maritime Commission to consider favourably petitions from three Chinese-flag carriers over tariff reductions
- Scots demand better protection
A SCOTTISH delegation will next week urge the UK shipping minister to tighten safety rules after the sinking of the Jambo and its cargo of zinc sulphide last year
- ISPS not an option, delegates told
"COMPLIANCE with the ISPS code is not an option for any shipping company trading in international waters," delegates at a course on the ISPS code were told
- DML delays on Appledore deal
DML is on the brink of buying Appledore Shipbuilders, the UK shipyard that went into receivership last September, but it could take weeks for a deal to be signed
- Eurocrats signal reshuffle ahead
RUMOURS in Brussels suggest top level appointments, including the commissioner responsible for transport policy, may be coming up for grabs in the near future
- Portugal needs short-sea inclusion
- Canada energy switch will hurt SMT
- Gadani hit by tonnage shortage
- EC-IMO meeting "frank and positive&wquot;
- Rocknes inquiry opens on Monday
- Steelmaker tightens Nakhodka grip
- Deep concern over Tasman S crew
- Russian oil via rail soars
- CalMac focuses on upgrades
- Record year for Japan's builders
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| JANUARY 22, 2004 |
- EU wants to extend shipyard aid
European Commission proposes March 2005 extension for handouts as it pursues WTO complaint against South Korea shipbuilders.
- Lower yields hit KLM cargo profits
Operating earnings fell to $30.2 million in the third quarter from $40.3 million a year ago on lower yield, revenues.
- WMD expert Nacht to speak at TPM conference
- DHL could quit Belgium over noise regs
- CN strike threatens intermodal hub
- British Airways chooses Americas VP
- Salvors group offers to aid port security planning
- Horizon Lines, Microsoft team up on Hawai’i services
- Break-up for Sea Bridge, Rickmers-Linie
- Tampa Airlines selects Econocaribe
- TT Club offers Venezuela ISPS training
- Record year for Los Angeles-Long Beach
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| JANUARY 22, 2004 |
- More strike misery for CN on the cards
Some 6,000 Canadian National Railway (CN) workers across the country are threatening to strike at midnight tonight if last-ditch negotiations fail to produce a collective agreement.
- FMC takes on China issues
The Federal Maritime Commission (FMC) has just opened Chinese-related issues including easing tariff restrictions on Chinese carriers, providing alternatives to China’s bonding requirements and evaluating Chinese policies and procedures.
- Tree beetles leave CP Ships vessel high and dry as Aussie authorities banish the Auckland
- Star Shipping moves 60,000TEU from ECT Home to Interforest
- Kandla Port invites fresh bids for container terminal
- Malmström offers blueprint for European railways
- Box salvaged from North Sea as insurer warns ‘too many lost overboard’
- ICF announces Almhult-Herne link
- New Delhi considers extending BOT concession periods
- Shenzhen development will see PRD ports surpass HK
- European ports urged to look out for ship which sank French trawler
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| JANUARY 22, 2004 |
- TEN orders handysize tanker duo
Greek owner takes an ice-class punt with an eye to Russian and Baltic trades.
- Rocknes bound for oil base
Efforts to stabilise tragic wreck for upside down tow proving troublesome.
- Adrian Swire named in subsidy row report
Billionaire Swire chief could be getting £200,000 per year in farm subsidies from UK taxpayers.
- Festival crisis drags on
Passengers repatriated as negotiations to free seized ships prove difficult.
- Halter Marine considers new kind of ferry
US yard teams up with military to study possibility of dual-use cargoship.
- Prestige battle moves to New York
American Bureau of Shipping averts double jeopardy risk from Spanish spill litigation.
- De Palacio and Mitropoulos in love fest
IMO and EC transport chiefs agree to talk more.
- Algeria to get bigger, better LNG trains
Explosion leaves would-be US LNG terminal developers on the defensive.
- EU proposes yard aid extension
Commission considers extending "temporary" subsidies to shipbuilders until March 2005.
- Trico Marine rejigs debt
US offshore owner is trying to refinance existing borrowings with $50m credit line.
- Kerala Shipping links India and Sri Lanka
Indian owner to launch cruiseship on route to Colombo next month.
- Polish yard files for bankruptcy
Struggling Pomerania Shipyard hoping for leniency from big creditors.
- Cheniere pairs with Sonatrach
US energy trader and Algerian state oil firm team up to operate chartered LNG carrier.
- No takers for Varna trademark
Bulgarian shipyard to offer its name for a knockdown price at next auction.
- Higher costs hit Tidewater
US offshore giant sees profit eroded by bigger vessel operating expenses and depreciation.
- French hunt rogue boxship
Transport minister vows to identify containership involved in trawler "hit and run" incident.
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| JANUARY 22, 2004 |
- Hapag-Lloyd plans stock market listing
- Carriers end U.S./West African discussion agreement
- U.S. agency sponsors briefing on Iraq railroad reconstruction
- Chinese railway project gets $500-million loan from ADB
- FMC proposes rule to help U.S. NVOs meet China's financial proof
- Kuehne & Nagle acquires automotive logistics firm in Europe
- Panitchpakdi: Saudi Arabia near accession to the WTO
- Pacific CMA listed on Frankfurt, Berlin stock exchanges
- Scarbrough selects Management Dynamics software
- RFID workshop to be held in Ohio
- Los Angeles' container traffic soared 18% in 2003
- EC proposes extension of subsidies to EU shipyards
- Trinidad and Tobago appoints SeaSecure for port security work
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