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| SEPTEMBER 23, 2004 |
Shipping News
- Vessel sales proceeds to be exempted from tax
THE Government yesterday announced that shipping companies under an approved scheme and those that have vessels flagged under the Singapore Registry of Ships will not have to pay taxes on the proceeds from vessel sales.
- WTO stresses role of ports, calls for coherent policies
GOVERNMENTS can undermine good trade policy by pursuing deficient approaches to other areas of economic activity, including sea transport and ports, according to the 2004 World Trade Report just published by the World Trade Organization secretariat.
- Clashes erupt as anti-privatisation strike hits Spanish shipyards
THE first day of a strike at Spain's shipyards sparked violent incidents on Tuesday as workers protesting restructuring plans clashed with police in the southern city of Cadix.
- Haji-Ioannou may seek legal action against Stelmar sale to Fortress
- Japan yards post slower order growth
- OOIL to buy two vessels
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| SEPTEMBER 23, 2004 |
- Hong Kong GNP up 8.9 per cent in Q2
- Hanjin Shipping appoints new CEO
- OOCL Japan wins superior vessel award
- RCL launches new vessel
- PHA Commission approves Bayport, security issues
- Extension of Lower and Outer Elbe in Hamburg given go ahead
- China Southern takes delivery of new plane
- Abakan-Harbin service to be introduced by Russian carrier
- SAS Cargo signs global contract with Post Danmark
- Hawaiian Airlines, Boeing reach agreement on leases
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| SEPTEMBER 23, 2004 |
- APL to launch new China-Middle East Express (CMX) service from October 17
- Kit to detect drink & drug abuse by sailors to be on display
- Rani Jadhav inaugurates ‘Engineers’ Day’ function
- Exporters urge IPBCC to scrap CAF
- CONCOR’s net profit rises to Rs 368 cr. in 2003-04, overall growth 15 pc
- ...to initiate innovative measures, ambitious plans, consultancy services
- Aircraft operators exempted from paying service tax on export cargo
- Inflation drops to 7.81 pc
- Liberal raw sugar import comes with rider
- ONGC to hire a dozen survey vessels
- Foreign Trade Analysis: Current Policy & Procedures
- New state-level bank body to redress exporters’ grievances soon
- Hologram for silk products introduced
- Top govt officials assure trade facilitation steps, proactive approach
- Garment makers to use common brand name
- Seatrade Med 2004 show on cruise, ferry sectors from Nov. 3-5 in Genoa
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| SEPTEMBER 22, 2004 |
- Panama: Cargo arrival dates prompt confusion
No dates or fixtures reported for replenishment cargoes as avails in Balboa hit tank bottom.
- DOE/API: US oil stocks plummet
- Singapore gearing up for successful SIBCON 2004
Bunkerworld team out in force to meet delegates as the world's major bunkering conference gears up for successful week.
- Pre-holiday demand soaks up South Korean supply
Prices in South Korea have jumped ahead of regional markets as product stocks for September become very tight.
- Hong Kong fuel oil dries up ahead of holiday
Resupply not expected until early next month, leaving scarce prompt supply.
- KIC Oil emerges to challenge Singapore with $400m project
Malaysian-based storage and blending operator, KIC Oil & Gas Sdn Bhd is revealed as the company behind Malaysian government-backed oil storage facility.
- Thailand proposes raising pipeline spending to $900 million
Thai government plans 29% spending increase for proposed oil pipeline from the Andaman Sea to the Gulf of Thailand.
- New joint venture on US east coast from October
East coast suppliers team up to form joint venture and achieve common goal of expansion into new ports.
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| SEPTEMBER 22, 2004 |
- "E-Port" to speed up Genoa operations
- California to fight "dirty" trucks
- ProLogis signs build-to-suit with LoraFret in France
- Hellmann: daily to Slovakia, Slovenia and Hungary
- CSA doubles Zurich frequencies
- Hual expands fleet by 2 further newbuilds for 2008
- DHL appoints Steve Huang as VP marketing & sales
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| SEPTEMBER 22, 2004 |
- Livorno LNG terminal delay
- Piracy situation returns to normal – pitched battle off Chittagong
- Belgian unions continue to target Polembros vessels
- ISF’s new working times checker
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| SEPTEMBER 22, 2004 |
- Wallenius orders world's largest car carriers
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| SEPTEMBER 22, 2004 |
- CBP gives thumbs up to monthly duty collections
- APL making changes to Asia/Middle East services
- WSF schedules meeting of Keystone advisory group
- Port of Portland honored for small business development
- Corps' Portland District sends help to hurricane victims
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| SEPTEMBER 23, 2004 |
- Storey warns of fleet exodus from UK flag
MAURICE Storey, the man credited with reviving the Red Ensign, has warned that Britain is in danger of losing all the tonnage it has gained over the past few years.
- Shell pledges $45bn to rebuild reserves and reputation
Shell is lifting its capital spending to $45bn over the next three years in a bid to expand the group’s oil and gas reserves and extend its "leadership position" in liquefied natural gas, writes Tony Gray.
- US ambassador cites air traffic control as model for protection against terror
The US ambassador to Singapore has suggested the maritime industry adopt sea control systems similar to those in commercial aviation, to guard against terrorist attacks.
- NOL hunts for financial chief as Lim takes back seat
NEPTUNE Orient Lines is searching for a new chief financial officer with longtime senior executive and director Lim How Teck set to take a lower profile position, writes Marcus Hand in Singapore.
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| SEPTEMBER 22, 2004 |
- LA daytime box fee delayed
Los Angeles-Long Beach will implement the nation's first-ever daytime charge for moving containers later than expected.
- FedEx earnings more than double in Q1
- New JoC Breakbulk Conference dates
The Journal of Commerce has rescheduled its 15th Annual Breakbulk Transportation Conference and Exhibition for Oct. 27-29 in New Orleans.
- Hearing opens in ILA case
- South Carolina exploring new box hub strategy
- U.S. textile industry wants China curbs now
- No-go for new highway bill
- OOCL orders two new box ships
- Loss of lines to cost Portland jobs
- Tighter security benefits Hong Kong registry
- German toll will hit inland containers prices
- New increase for Northwest fuel surcharge
- Seabury eyes logistics investment
- Jaguar expands at Baltimore gateway
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| SEPTEMBER 22, 2004 |
- Hong Kong cargo surge could spur Dachan Bay approval
Shenzhen Port’s Dachan Bay project could receive approval from Chinese Central Government as early as the end of this year, a source close to the deal told ci-online today.
- Ship-supply runs almost dry for long, hot charter-season
- Hurricane Jeanne flirts with idea of becoming a US hit
- Longshore union blames employers for Montreal box delays
- Parting bow to Tango and Samba, but Maersk not to leave the dancefloor
- Eleven-day engine repair stop for brand-new CMA CGM Puccini
- Eight-month heat-wave for Korean port fortunes
- €200m for tunnel to Turkey
- Hanjin Shipping to establish two JVs in China
- New Adriatic link to Austria
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| SEPTEMBER 22, 2004 |
- Johnsens stare down NYSE
New York-listed International Shipholding is whistling Dixie after its share made a happy bounce.
- Camillo Eitzen snaps up Gibson
UK-based Gibson Gas Tankers reported on verge of being bought by Oslo-listed owner.
- Izar snaps back at Spanish owners
Spain's troubled yard group says it is not willing to fill berths at money-losing prices.
- Rostock outfit looks to expand
Cypriot-German joint venture Interhansa says it is looking at niches outside the dry trades.
- Owners avoid Yukos?
Teekay rumoured to be one of several operators refusing to do business with cash-strapped Russian giant.
- Jambo all-clear
No risk from eating local shellfish after last year’s grounding off Scotland.
- Norway set to bin Gdansk bid
Gdansk's Remontowa could lose a $190m shipbuilding contract to Norwegian protectionists.
- Costs hurt Ocean Wilsons
Brazilian shipyard, agency and towage group's profits slashed in first half.
- Unithai wins boxship order
Thai shipyard has signed a deal with NP Marine for a feedership.
- Bank tightens Northern grip
Mezhprombank takes majority holding in Russian shipbuilder and eyes alliance with Baltic Shipyard.
- Italians delay Livorno LNG decision
Golar LNG plays down postponement of meeting, but opts to do away with future deadlines.
- Perfect 10 for Hanjin
Korean shipbuilder confirms massive Maersk boxship order, plus vessels for Schoeller and Konig.
- USCG holds 18
Pacific Carriers, Jaczon, Blystad and Bottiglieri feature on detention list for August.
- Singapore scraps ship-sales tax
Government unveils latest initiative aimed at pulling in maritime business.
- BP to 'cold iron' in Long Beach
Oil major agrees tie-up that will see ships switch off engines and plug into dockside electricity.
- Frontline crashes new barrier
Norwegian tanker owner’s stock keeps on rising, hitting NOK 300, as another investor increases stake.
- Aussies hold eleven
Ships from Chartworld, Emirates Trading, Clipper and Korea Line make monthly detention list.
- A game of two halves
Match-fit Wilh. Wilhelmsen ramps up the score after half-time.
- OOCL orders at Hudong
Container line contracts a slightly smaller pair of boxships to add to earlier order for 4,500-teu units.
- Italy to spend big
Giovanni Montanari says at least EUR 15bn could be invested in new ships by 2010.
- TOP gets Spotless
Recently US-listed Greek tanker owner takes delivery of penultimate ship in Sovcomflot series.
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| SEPTEMBER 22, 2004 |
- CP Ships promotes itself to U.K. investors
- OOCL orders ships for delivery up to 2008
- Boeing venture to manage parts for African airline
- U.S. complains about EU customs to WTO
- International shippers run out of time for ITDS input
- Exel opens Malaysian distribution center for Motorola
- WTS Agencies, Old Dominion University team up for shipping courses
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| SEPTEMBER 22, 2004 |
- New Livorno delay for Golar LNG
Golar LNG has suffered yet another delay to the LNG project in the Italian port of Livorno. A scheduled hearing ...
- Wallenius Lines orders world’s biggest car carriers
Wallenius Lines has ordered three new Pure Car and Truck Carriers (PCTCs) at Daewoo Shipyard in Korea for delivery in ...
- Probe into "Marte’s" close call
An electrical fault in the propeller system is the likely explanation why the 2,700 DWT LPG-carrier "Marte" lost power ...
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