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| JANUARY 27, 2004 |
Shipping News
- Health of detained tanker crew at serious risk
THE health of the 'Karachi Eight' who have been held in Pakistan for six months following the Tasman Spirit oil spill may be 'permanently affected' by their detention, the vessel's insurer said last week as hopes rise for an end to the impasse.
- OOCL hits 1m TEUs through Singapore
CONTAINER shipping giant Orient Overseas Container Line recorded impressive growth in its cargo volume through Singapore last year, exceeding its global average and reaching a total of one million TEUs.
- Dubai ports chalk up record 23% growth
THE Dubai Ports Authority handled a record 5.15 million 20-foot equivalent units as container traffic surged 23 per cent in 2003 over the previous year, according to a statement yesterday.
Air and Land Transport
- ANA to boost China flights by 30% in 2004
ALL Nippon Airways , Asia's second-biggest airline, said yesterday it would boost the number of flights it operates between Japan and China by 30 per cent in 2004, to capture growing business and leisure traffic.
- Skymark Air's new chief shoots for profit
- EADS group likely winner of 13b UK deal
- Qatar Airways to get new planes to widen network
- Cathay to hire more than 520 cabin crew as it adds services
- NY's downtown hub
Features
- US airlines gear up for holiday surge to Europe
DESPITE the unfavourable exchange rate and continuing fears of terrorist attacks, US airlines expect a rebound in European tourism by Americans this spring and summer.
Port Shots
- Port Shots
THE Port of Long Beach, the second-busiest US seaport after Los Angeles, said container shipments in 2003 rose 2.9 per cent to a record high, helped by a rebound in exports and US consumers' demand for goods from Asia.
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| JANUARY 27, 2004 |
- No PSS in February: AADA
- MOL adds Shanghai call to WA1 service
- TUI to list Hapag-Lloyd shares, Gunther Casjens to leave
- Felixstowe breaks rail freight record
- Rotterdam terminal to expand container capacity
- Kuehne and Nagel win HK services award
- Dragonair to launch Tokyo services
- UPS buys out Japanese partner
- Cathay Pacific to boost number of flights to Colombo
- Continental Airlines records positive net income in Q4
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| JANUARY 27, 2004 |
- Plea against rubber imports dismissed
- Triple honour for NSICT!
- Kandla Port Trust to acquire 2 RMQCs, more high-capacity wharf cranes
- Kolkata Port to strengthen box terminal’s infrastructure
- CONCOR starts 2nd dedicated rake on Vadodara-JNP-Mulund route
- Efficient supply management key to cost-effectiveness, stresses ACLM President
- Forex reserves swelled by $ 1,721 million to $ 1,03,824 million
- ECGC may enter marine insurance business too
- 25 pc subsidy likely for setting up farm infrastructure
- 26 firms eyeing Iraqi contracts - To attend expo in Kuwait
- Excise duty cut on edible oils ruled out
- Major Ports badminton tournament from Feb. 4
- Dedicated pharmaceutical EPC may be operational by April
- Talks with shortlisted bidders today - Box terminal project at Cochin Port
- IMTC programme for shipping professionals from Feb. 8
- Hamriyah Free Zone offers more sops to Indian investors
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| JANUARY 26, 2004 |
- New team member for O.W. Bunker
- New team member for Ocean Energy
- African market snapshots
- Brazilian market update
- Very low demand helps Gibraltar clear deliveries
- Istanbul's fine but previous storms still affecting some avails
- SMP boosts supply capacity through new Rotterdam bunker terminal
Shell Marine Products (SMP) will be able to boost its fuel oil supply capacity in Rotterdam by up to 1 million metric tonnes per year by operating a significant part of Rotterdam's new bunkering terminal developed by Argos. Other suppliers will benefit too.
- Little movement in Rotterdam, IFO180 premiums high
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| JANUARY 26, 2004 |
- Lay-offs at Kockums
- E.R. Shiffahrt re-flags to Germany
- Demolition-prices goes record-high in Far East
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| JANUARY 26, 2004 |
- Mitropoulos warns Euro Parliament against criminalisation
- Bulkers dominate Japan’s newbuilding boom
- AP Moller in Iraq port deal
- Rickmers and Sea Bridge end link
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| JANUARY 26, 2004 |
- MAN B&W diesels for NCL newbuilds
New technology lowers pollution, cuts fuel consumption
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| JANUARY 26, 2004 |
- Senators Wyden and Smith bring transport cash to Oregon
- Baggage carousel numbers change at Sea-Tac International Airport
- Ready Reserve Fleet vessels set to resupply troops in Iraq
- Seattle seafarer's club honors top volunteers
- New officers elected to Longview port boar
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| JANUARY 27, 2004 |
- P&O Nedlloyd to refinance 14 ships in Germany
P&O NEDLLOYD is to refinance 14 ships built in the early 1990s in the German KG market, in a move that will provide additional liquidity and lengthen borrowing commitments, the company said, write Hugh O’Mahony and Katrin Berkenkopf in Cologne.
- Booming KG market risks overheating, warns bank
ONE of the world’s largest shipping banks has warned that the KG financing market shows signs of overheating.
- Scantlings progress is blueprint for success
COMMON scantlings for oil tankers that apply to roughly 60% of the world fleet are a prototype of how the industry can beat back regulators’ efforts to "tell us what to do", according to a senior Det norske Veritas executive.
- Darling, it’s just not working: Woods
CHAMBER of Shipping president Robert Woods was last night expected to attack the government and the European Union for creating "problems" for the industry, in front of an audience set to include UK transport secretary Alistair Darling.
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| JANUARY 26, 2004 |
- Minister warns MSL workers
MALTA’S deputy prime minister Lawrence Gonzi has ruled out any re-negotiation of last November’s collective agreement signed between the government and Malta Shipyards Ltd
- Everglades pushes security boat out
HIGH-profile security measures have been put in place today for the arrival of the Queen Mary 2 at Florida’s Port Everglades
- RCCL shares up on upbeat comments
ROYAL Caribbean Cruises' shares ended the day higher in Oslo after upbeat comments from chief executive Richard Fain
- 'Undue delay' on UK border force
UK government ministers have been accused of undue delay in setting up a united border force bringing together Customs, immigration and police
- ER Schiffahrt re-flags ships
ER Schiffahrt will bring 10 of its 66 container vessels under the German flag by the end of the year, following an easing of German tax laws
- Baltic oil exports expected to soar
LUKOIL says it will start switching to larger tankers this year after predicting that shipments of Baltic Sea oil will increase to 4.5M tonnes, or 88,000 bpd
- OOCL's Tung cautious on investment
- Grimaldi links Rome to Barcelona
- Festival in financial stalemate
- Master of blacklist ship arrested
- Hopes fade for Kephi crew
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| JANUARY 26, 2004 |
- Pacific lines reaffirm rate hikes
Transpacific Stabilization Agreement expects tight capacity, particularly for peak season.
- DOT plans chassis inspections
Washington will launch a safety inspection program for the nation's 750,000 intermodal container chassis.
- Savannah begins box berth project
New berth will be largest dock and terminal container facility on East and Gulf coasts when completed in 2006.
- Arbitration for Byrd Amendment dispute
- FedEx expands tests of U.S. mail deliveries
- Exel CEO eyes 10% profit growth
- Clinton urges Bush to drop Seaway plan
- Canada job cuts could hurt port security
- Jacksonville port updates strategic plan
- IANA elects chairman, board members
- Retailers change association name
- AAR, NITL want review of Wyoming coal decision
- National Cargo Bureau warns of resin risk
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| JANUARY 26, 2004 |
- OOCL target dedicated Singapore terminal
Hong Kong registered Orient Overseas Container Lines (OOCL) is exploring the possibility of running a terminal in Singapore and other ports.
- PONL to refinance 14 vessels with German subsidiary
- Chennai Container Terminal’s CEO quits
- CMA CGM starts service to Vostochny from Busan
- Malaysia’s Sabah ports to get upgrade from new operator
- Jade Express extends north China coverage
- Savannah breaks ground on Berth 8, on 2003's firm foundations
- Lille spreads its inland influence
- MISC joins 8,000TEU class boxship race
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| JANUARY 26, 2004 |
- Rocknes cargo shifted
Pilot Vermund Halhjem testifies of desperate effort to avert capsize of tragic bulker.
- Wijsmuller save grounded capesize
Yiosonas at anchor after major salvage operation on laden iron ore carrier.
- First lady attacks Seaway plan
Hillary Clinton asks president to deny funding for St Lawrence expansion.
- Bangladesh breakers join big payers
But first VLCC scrap hope of 2004 looks like its got a better offer.
- Two seafarers die in ship hold
Third man escapes asphyxiation as wood chip carrier discharges in Finnish port.
- More P&O Nedlloyd ships go KG
Another 14 vessels transfer to German management under refinancing scheme.
- Niestern Sander gives guarantee boost
Dutch yard will safeguard jobs this year in return for flexible working patterns.
- Qatar to fly new LNG shipping company
Local shareholders move to get a finger in gas export pie.
- Clipper orders at Cochin
Owner turns to India for bulker newbuilding quartet.
- New Chinese call for CMA CGM
French container line boosts Jade Express service to US west coast.
- Split Shipyard clinches third suezmax
Croatian yard to build another ship for domestic owner Tankerska Plovidba.
- NSCSA income jumps
Saudi Arabian owner enjoys benefits of larger fleet and hot market.
- ER Schiffahrt flies flag for Germany
Erck Rickmer’s boxship company to support domestic register with transfer of ten ships.
- Bulyard remains committed to Varna
Bulgarian consortium says it will still take control of shipyard, despite government doubts over payment.
- Orders tail-off at overstuffed Korean yards
But overall 2003 produced biggest haul of contracts in thirty years.
- Iraq to open second Gulf oil port
State-owned oil company says terminal could load equivalent of a suezmax per day.
- Japan yards see bulker surge
Dry bulk tonnage makes up close to 90% of newbuilding contracts reported in December 2003.
- Seatrade reefer faces spill fine
Nova Hollandia ordered to Brest after leaking ballast line leaves pollution trail off French coast.
- Hapag Lloyd teams with Taiwanese
Three containership operators to launch Taiwan-Middle East service from next month.
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| JANUARY 26, 2004 |
- Top 25 containerlines control 80% of worldwide ship capacity
- P&O Nedlloyd sells, charters back 14 boxships
- Stockholm, Doane take new roles at Matson
- Quakes recorded moments before "Rocknes" capsized
- P&O Nedlloyd vessel saves 4 fishermen off South Carolina
- United Airlines routes more international freight through hubs
- USDA: 100-percent testing for mad cow disease unnecessary
- Flu outbreak prompts EU to ban Thai poultry
- Lawmakers: U.S.-Australia FTA needs sugar
- Exel opens new office in Poland
- Revised glossary of supply chain terminology
- Puerto Rico government requests bids for Ponce project
- New crane delivered to Marseilles-Fos
- SeaSecure completes security program for ports in Florida
- Metropolitan Stevedore adds two accounts
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