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| APRIL 4, 2005 |
Shipping News
- Sea marshals, non-lethal arms mooted for ships
SEA marshals and non-lethal weapons are among the anti-piracy measures being advocated by a Dutch defence and security consultancy for ships transiting the piracy-prone Malacca Straits.
- New NYK cruise liner for japan
NIPPON Yusen Kaisha is introducing a bigger-capacity luxury cruise ship to meet the summer demand for cruises.
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| APRIL 4, 2005 |
- P&O Nedlloyd orders 5 mega vessels
- Logistics becomes Xiamen's 4th biggest industry
- Ecu Line looks to China for expansion
- Evergreen doubles its presence in India
- Penske Logistics opens office in Shanghai
- Second container terminal for Chennai port cleared
- Schenker expands logistics capacity in Paris
- Hanjin extends contract with Descartes
- CR Airways launches Hong Kong-Nanning Service
- NW increases labour cost-savings target
- Lufthansa introduces direct Guangzhou-Frankfurt flight
- Sri Lankan Airlines to boost India services
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| APRIL 4, 2005 |
- Evergreen doubles its presence in India
- CoPT hands over RGCT operations & staff to DPI
- Simplex to build wharf, approach bridge of 3rd box terminal at JNP
- MoS favours govt acquiring 33 pc stake in non-Major Ports
- Mumbai Port scales new pinnacles
- JNP sets enviable milestones in 2004-05
- Vizag Port remains numero uno for 5th consecutive year
- New Mangalore Port posts highest growth rate of 27.06 pc
- PDP Group to set up inland container depot in Durgapur
- Gateway Distriparks to develop CFSs at Visakhapatnam & Cochin Ports
- Railways plans to increase wagon axle load limit
- WCA Family of Logistic Networks appoints Ajit V. Patil as Director, Membership Development
- BCHAA, trade bodies protest, to hold meet with I-G of Stamps today
- TUF scheme incentives for textile sector to continue
- Canadian team here on business
- WTCA 2005 Spring Meet Trade Mission from April 3 to 6
- BIMCO centenary meeting from May 23 to 25
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| APRIL 1, 2005 |
- Bunkers up 50% on year as markets digest 'superspike' report
Singapore IFO380 bunker prices up 50% in 2005 as Goldman Sachs reports that global oil markets have entered a phase that could lead up to a $105 per barrel spike.
- Singapore: February bunker sales down almost 10%
Latest statistics released by the Maritime and Port Authority of Singapore show bunker sales down in February, although 500 centistoke sales are up.
- Singapore: Trans-tec and Tramp Oil consolidate
- Crude price stays high as US gasoline demand increases
US light crude surges over $55 per barrel amid concern over gasoline supplies ahead of the US driving season.
- Japan: Bunker production and sales up in February
Bunker sales and bunker production up both month-on-month and year-on-year in February.
- CPC adopts new specifications on marine fuel
- High sodium fuels surface in Hong Kong
More than two months after the last sample of high sodium bunker fuels was reported in Singapore, several recent samples from Hong Kong were found to have excessive sodium content.
- Singapore sellers wary of tightening avails
Despite recent weak demand from China and high bunker premiums, Singapore bunker suppliers are growing wary of tightening avails of HSFO in coming months, claim reports.
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| APRIL 1, 2005 |
- 2nd Baltic Maritime Trade Summit in June
- TEN-T project underway in Hungary
- US Senate panel approves USD 284 billion highway bill
- Hub Group renames logistics unit
- Germany: A14 motorway to be widened
- Air France: summer schedule details
- EuroBridge: Gothenburg-Ghent service registers all-time high
- Etihad Crystal Cargo reinforces staff
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| APRIL 4, 2005 |
- ISMA signs associate deal with Intertanko, Intercargo
- American Club’s medical programme just what the doctor ordered
- Stolt-Nielsen orders parcel tankers
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| APRIL 3, 2005 |
- Korea's HMD exits ship repair at Ulsan
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| APRIL 1, 2005 |
- VPA taps George Adams as new chairman
- US rail freight traffic has up week on all fronts
- Portland maritime clubs holding Industry Reunion Night
- Most of nation will change to Daylight Saving Time on Sunday
- Wallenius Wilhelmsen unveils renewable energy cargo ship
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| APRIL 4, 2005 |
- UK search and rescue inquiry unearths evidence discrepancies
A PARLIAMENTARY inquiry into search and rescue arrangements in the UK has exposed differences between the Maritime & Coastguard Agency and the union representing Coastguard staff, the Public and Commercial Services Union.
- Georgia’s tankers sold in $93m cash deal
PRIVATE interests have paid $93m in cash and assumed $50m-$60m in mortgage debt to take control of Georgia’s state-owned tanker fleet, hitherto operating as Ocean Shipping Co.
- Pacific Basin welcomes Hext with £300,000 ‘golden hello’
RICHARD Hext, former V.Ships marine services chief executive, will receive a £316,781 ($598,240) "golden hello" when he joins Hong Kong handysize specialist Pacific Basin Shipping, as deputy chairman and executive director tomorrow.
- Moody’s sees bumper Lloyd’s profits
LLOYD’S is likely to have piled up profits of £6bn ($11.3bn) for the 2002 to 2005 years of account, Moody’s Investors Service has forecast.
- Malaysia to deploy armed police on tugs and barges
MALAYSIA will deploy police with assault weapons on tugs and barges plying the busy shipping lanes of the Malacca Strait, in an effort to thwart pirate attacks, a news report said Friday.
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| APRIL 1, 2005 |
- Box surge boosts Hutchison
HUTCHISON Port Holdings, the world’s leading operator of container terminals, has increased gross profit and turnover by 17% to HK$8.8Bn ($1.1Bn) and HK$26.9Bn respectively for the financial year 2004
- Ocean Shipping sold, again
GEORGIA’S state-owned Ocean Shipping Co has finally been sold to US-based owner the Eastwind Group and the London shipping investment outfit Marine Capital
- DPI takes over Cochin box terminal
INDIA Gateway Terminal Private (IGTPL), a subsidiary of Dubai Ports International, today formally took over the Rajiv Gandhi Container Terminal from Cochin Port Trust
- Katerina sentencing begins
THE chief engineer of the Maltese-flagged bulker Katerina has been sentenced to eight months in a US federal prison for falsifying oil discharge logs
- US scrutinises ballast water
BALLAST water in US waters will come under scrutiny after a federal judge ruled that the Environmental Protection Agency cannot exempt vessels from the Clean Water Act
- French clear captain of charges
CHARGES have been dropped against a ship’s captain accused of voluntary pollution off the French coast in September last year
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Car carrier fire contained
- Russia ports gain oil, lose coal
- Odjell and Ahrenkiel stay close
- Steel Queen refloated
- Congestion at Nhava Sheva again
- Clipper to acquire Wonsild tankers
- Crystal begins newbuild trail
- French seamen’s strikes to continue
- Melbourne dredging delay criticised
- China clamps down on steel
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| APRIL 1, 2005 |
- Lines raise Panama Canal charges
Revision comes after the Panama Canal Authority restructured the way it assesses waterway tolls for containerships.
- Line forms for Charleston project
- CMA CGM expands Asia-S. America
- MOL estimates
- Customs Update: What was Congress thinking?
- UPS gets China routes
- CITAC: Repeal Byrd now
- NY leads air-cargo trade
- PSA adds Singapore berths
- DHL taps U.S. sales chief
- KCS closes Mex rail buy
- MOL joins Japan sales
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| APRIL 1, 2005 |
- Rio Cubatao managers seek new site to resurrect business
Managers from the soon-to-close Rio Cubatao container terminal are seeking another site in the Santos Bay area to continue their activities.
- HK sees drop in clothing exports
Hong Kong’s total clothing export figures for the first two months may have disappointed the maritime community, who had pinned hopes on the textile quota relaxation on January 1.
- Protesters blockade Tahiti’s main port
- Chinese wooden handicrafts to be refused US entry
- Businesses call for direct Bangladesh-Pakistan shipping
- Maersk-Safmarine circumnavigate Africa in new Samba spin
- Experts meet to finalise details of HK/Zhuhai/Macao bridge
- Buyers warned against low-value commodity fraud
- Gwangyang to start dredging this year
- Global ship orders continue
- Rhenus Alpina’s 2004 results above expectation
- Adams new chairman of Vancouver Port Authority
- MOL unifies Japan agents
- Evergreen expands India presence
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| APRIL 1, 2005 |
- Stolt in $160m deal
Parcel tanker specialist orders two sophisticated stainless steel vessels at Kleven Floro.
- Stricken car carrier stable
Fire damaged Wallenius vessel in no danger of sinking but future uncertain.
- Jinhui buys again
Handysize bulk carrier specialist adds another Allied Maritime vessel to its fleet.
- Jail for chief engineer
Bypassing bulk carrier’s oily water separator earns seafarer eight months behind bars.
- Georgian Tankers aims high
Tony Foster reveals ambitious plans to develop the newly privatised Ocean Shipping Company.
- Pirates target NYK bulker
Second Japanese ship attacked in Malacca Straits in less than a month as pirates hit ship’s safe.
- NOL eyes Lorenzo exit
Singapore national flag carrier said to have agreed to sell stake in listed Philippine shipping firm.
- RCCL makes it a hat trick
Royal Caribbean Cruises orders third giant Freedom class vessel at Finland’s Aker Finnyards.
- Aniara suffers fire
Crew forced to evacuate from Wallenius Lines PCTC after engine room fire off Piraeus.
- GSI sees profits decline
Rising steel prices and appreciation of the Euro dent year-end figures at Chinese shipbuilder.
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| APRIL 1, 2005 |
- MOL expects third consecutive year of record results
- Trailer Bridge continues turnaround
- Asia/Canada carriers revise price increases
- Yang Ming, COSCO confirm new Asia/PNW service
- Evergreen, Yang Ming open Indian offices
- RCL opens Vietnam agency
- Samskip opens two Baltic offices
- Horizon Lines changes Tacoma reefer procedure
- U.S. international air cargo sluggish in February
- Russia, Ukraine agree to modernize AN124-100 fleet
- UPS sued by family of accident victim
- UP announces maintenance, capacity improvements
- Canada slaps 15% penalty on select U.S. imports
- USDA proposes number of changes to fruit and vegetable imports
- i2 Technologies to cull 15% of staff
- U.S., Paraguayan soybean groups enter trade MOU
- Schenker builds logistics terminal outside Paris
- CBP sets tuna quota for 2005
- USDA amends travel allowances for certain inspection services
- Hutchison tops $1 billion in port profits
- Lawmakers support risk-based grants for ports
- Melbourne deepening project delayed by government
- Joint venture company to develop Tianjin terminal
- Ports of Auckland target of buyout
- Nagashima retires from NYK
- Two new cranes for Fraser Surrey Docks
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| APRIL 1, 2005 |
- Crew abandon burning car carrier
An extensive engine room fire yesterday forced the crew on Wallenius Line’s car carrier "Aniara" to abandon the vessel off ...
- Strike and huge deficit at Odense yard
The 2,000 employees of the Odense Staalskibsværft at Lindø went on strike this morning and remain on strike until Monday ...
- All-time-high week on EuroBridge
The DFDS Tor Line service between Göteborg and Ghent, the EuroBridge, had an all-time-high week between 7-13 ...
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