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| JANUARY 11, 2005 |
Shipping News
- MISC seems to want to focus only on energy transportation now
TALK of Orient Overseas International Ltd's interest in the container shipping arm of Malaysian International Shipping Corp has revived speculation that the state-owned group is seeking to exit all but its energy transportation business.
- Maersk, Royal P&O eyeing takeover route
MOELLER-Maersk, the world's biggest container-shipping company, and Royal P&O Nedlloyd, the fourth-largest, are considering takeovers to increase market share and prepare for an expected drop in freight rates in 2006.
- Teh Kong Leong joins SMF as exec director
TEH Kong Leong, a former director of Singapore's Marine Department and a senior executive at Neptune Orient Lines, has joined the Singapore Maritime Foundation as its executive director.
- Deutsche seeks lenders for Dubai deal
- Tsunami disaster ends Malacca Strait piracy for now: official
- Modern Terminals to splash out HK$1.2b for upgrades
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| JANUARY 11, 2005 |
- HSBC tasked with finding purchaser for MISC's container shipping division
- BAX Global spearheads expansion plans in China
- Port of Montreal has best year for 20 years
- TNT offers disaster relief support across Asia
- TMM to sell its share in transport company
- North Carolina ports to charge customs facilitation fee
- ANA, Asiana to start Centrair code-share operations
- Cathay delivers HK government aid to Indonesia
- EVA Airways promotes two senior executives
- Northwest to relink Detroit with Charlottesville, Va
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| JANUARY 11, 2005 |
- Global shipping lines reveal their humane side
- Zim, CSCL launch ABX service
- Ships warned of changed depths in Malacca Straits
- Hapag-Lloyd orders 3 mega boxships
- IMO coordinates infrastructure restoration
- SCI Board calls for fresh proposal
- DCI donates Rs 6 cr. to PM’s Relief Fund
- Global shipping lines add 17 pc capacity on Asian trades in 2004
- Cabotage law provision eased w.e.f. Jan. 5
- WISA lists problems in payment of stamp duty against delivery orders
- Kerala govt to review Vizhinjam project structure with eye on bidders’ suggestions
- Industry-specific training need of the hour - P.K. Srivastava
- Forex reserves crossed the $ 131-billion mark
- Service tax contributes 56 pc of GDP, asserts DG
- Vibrant Gujarat means business
- NMCC decides on priority to textiles, leather, gems & jewellery
- DEPB rate revision leaves AEPC unhappy
- Fieo welcomes revision
- Forex reserves swell by $ 163 m
- Foreign Trade Analysis: Current Policy & Procedures
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| JANUARY 10, 2005 |
- Indian oil companies eyeing lucrative bunker market
Lower taxation and improved infrastructure the key to encouraging foreign investment and challenging well-established bunker ports Fujairah and Singapore.
- Bunkering halted as Baltic region takes a battering
As storms worsen, bunkering in some ports has been restricted by high winds.
- Rotterdam firm early afternoon
- Bunker player coughs up $2 million for CAO debt
Hong Kong based supplier and trader pays $2 million to bank for debt owed to China Aviation Oil.
- Owners fined after refueling incident leads to spill
Owners fined for a refueling incident which lead to a spill of fuel oil on the Columbia River.
- Sovereign Marine strikes alliance with Hong Kong partner
Sovereign Marine to act as European agent for Hong-Kong based trader.
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| JANUARY 10, 2005 |
- System Alliance extending tracking and tracing services
- Legal proceedings due to delays in refunding value added tax
- German cartel commission sanctions DPWN offer for Karstadt logistics
- New record at Daventry Railport
- SAS seeking Air Baltic takeover
- Boxship saves wave survivor
- Maca interim COO at Amsterdam-Schiphol airport
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| JANUARY 10, 2005 |
- Oil spill response resources aid disaster victims
- Panama Canal price hike defended
- Australian exports back liner conferences
- Skaugen confident for 2005
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| JANUARY 10, 2005 |
- Captain William Schubert stepping down as MarAD boss
- Coast Guard responds to vessel which lost power near Edmonds
- Tacoma Port Commission names Bottinger president
- Transportation Services Index sees second montly increase
- DOT survey finds trucks carry brunt of US freight
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| JANUARY 11, 2005 |
- Majestic gesture for disaster relief
MAJESTIC International Cruises, donor of a cruiseship to help aid work in tsunami-hit Sri Lanka, has issued an urgent appeal to organisations involved in the relief effort to make best use of the ship, which will be available for two months.
- Lauritzen and NYK Reefers break the ice on new deal
DENMARK’s J Lauritzen and Japan’s NYK Reefers, two of the biggest names in the refrigerated cargo trades, are cementing their year-old collaboration by forming a new ship operating and marketing company.
- Boxship party forecast to end mid-year
THE container shipping party is coming to an end, with excess tonnage supply likely to put charter rates under pressure from the middle of the year, Citigroup Smith Barney forecasts in a report on container shipping, writes Janet Porter .
- MISC container shipping arm set for $460m sell off
AFTER exiting dry bulk shipping, Malaysia International Shipping Corp is looking to sell a stake in its container shipping arm, with Hong Kong’s Orient Overseas Container Line the front runner.
- UASC ship rescues survivor
A containership operated by United Arab Shipping Co has rescued an Indonesian adrift in the Indian Ocean after the tsunami washed him out to sea, Reuters reports .
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| JANUARY 10, 2005 |
- Brazilian ports hope for IMF funds
THE southern Brazilian state of Santa Catarina is hopeful that money from the International Monetary Fund will boost the ailing transport infrastructure in the state
- Enchantment struck by virus
MORE than 100 passengers and crew members suffered from a Norwalk-like virus on the latest voyage of Royal Caribbean’s Enchantment of the Seas
- Dubai signs for two UAE ports
DUBAI Ports International has signed preliminary agreements for operational control of neighbouring UAE ports Abu Dhabi and Fujairah
- Iranian banks reject ship financing
- MarAd boss Schubert resigns
- NW Shelf LNG expansion
- Reefer venture aims for 80 ships
- Ecuador leads Panama tariff protest
- Proposed Panama Canal rates slammed
- Boxship feeder rates push ahead
- Uganda-port rail link moves closer
- Lloyd to be dropped from Triestino
- Indian cabotage rules relaxed
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| JANUARY 10, 2005 |
- Malacca Strait may need major work
The waterway, one of the world's busiest and most congested, may need extensive dredging — as well as re-charting — as a result of the massive earthquake off Indonesia.
- Teamsters ready harbor-trucking bill
The union will sponsor a bill that will seek to exempt California harbor truckers from antitrust laws so they can collectively negotiate freight rates and withhold services at marine terminals.
- TACA maintains bunker, currency factors
- UPS orders 10 freighters
- Maritime-security bill resurrected in House
- ITC clears way for tariffs on shrimp
- BAX Global expands in China
- FedEx Custom Critical expands in Mexico
- Port of Seattle hires 2 China experts
- India relaxes cabotage law to ease Nehru congestion
- Report: OOIL in talks to acquire stake in MISC
- CN to start export-reservation system
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| JANUARY 10, 2005 |
- Taiwan's export growth slows in 2004
Taiwan’s exports rose in December at the slowest pace in 17 months as the weaker US dollar has made the island’s exports more expensive for American customers.
- DPI expands Middle Eastern footprint with two MoUs in the UAE
- Abidjan fears for the future
- Bass Strait feeder restored as Hobart loses last direct service
- Record Aus beef exports to Japan in 2004
- Seawheel diverts some Duisburg traffic to North of England
- Fret SNCF expects 20% drop in intermodal volumes this year
- Three labour demands on table for ‘intensive’ Israeli ports negotiations
- MTL invests further to cope with HK's sustained growth
- Marseilles containers record 7.4% rise
- Riga’s BCT hits 150,000TEU, shaking off last of 1998 crisis
- Tunisia seeks bidders for new private container terminal
- Automatic cranes to lift Shinsundae’s handling capacity
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| JANUARY 10, 2005 |
- Jamaica rebels over surcharge
Importers threaten to boycott lines including P&O Nedlloyd and CMA CGM in congestion row.
- Norfolkline plots new base
AP Moller’s cross-Channel ro-ro operator is moving Dutch calls to Vlaardingen.
- 'Philly to build 10 tankers'
Norway's Kvaerner is denying its own CEO's recent remarks on Kvaerner Philadelphia Shipyard strategy.
- IM Skaugen logs improvement
Norwegian tanker and gas carrier owner's 2004 profit rises, if one-off gains in 2003 excluded.
- Dynacom near-miss
Canada is telling tankers to keep their distance after a near-grounding off Newfoundland.
- Lauritzen, NYK venture forth
Danish and Japanese owners go beyond pool partnership to set up new joint venture operating company for reefers.
- Bharati wins supply ships
Indian yard builds orderbook with offshore double from France’s Groupe Bourbon.
- Tomasos Brothers fined over spill
Greek owner has 30 days to appeal decision over leak from tanker into Columbia River in Washington state.
- Clouds over Hyundai US sale
Korean shipbuilding's biggest technology export ever may be in jeopardy.
- Kvaerner plots massive offering
Group could seek $500m or more from Norwegian investors to improve Philadelphia yard, finance US-flag tankers.
- Schubert setting sail
The long-rumoured resignation of US maritime administrator William Schubert is set for February.
- Ship picks up tsunami survivor
L&B boxship finds Indonesian man off Malaysia two weeks after deadly wave.
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| JANUARY 10, 2005 |
- Outgoing MarAd chief praised by U.S.-flag shipping industry
- Stolt-Nielsen to sell offshore arm
- Lauritzen, NYK Reefers to start joint venture
- Coast Guard responds to towboat sinking on Ohio River
- Rickmers-Linie Belgium appoints Huybrechts
- Eimskip make Thorlaksdottir senior marketing manager
- Seawheel starts Duisburg/Goole link
- 50-hour waits on Upper Mississippi River irritates shippers
- Bush picks Jamison acting head of rail agency
- CBP extends reconciliation deadline for six months
- FDA issues warning about regulated products from South Asia
- U.S. quota pre-processing extended through 2006
- GT Nexus offers software to support service contract tasks
- CSI goes live in Marseilles
- Gov. Sanford allocates $2.4 million for Charleston deepening project
- Dubai Ports gets close to Abu Dhabi and Fujairah
- Port of Seattle appoint two to boost China trade
- Houston holds security grants briefing
- Port of Tacoma elects Bottiger president
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| JANUARY 10, 2005 |
- Difficult rescue of ro-ro on fire in stormy North Sea
A combination of bad weather and a serious fire made the crew abandon the Dutch-owned ro/ro vessel "Schieborg ...
- New ferry route planned Norway to Scotland
Plans are afoot to establish a ferry connection between Kristiansund on the north west coast of Norway and Rosyth by ...
- Norwegian yards took NOK 12 billion in new orders
Norwegian yards secured orders worth NOK 12.0 billion (EUR 1.46 billion) last year and 2004 is thus the best year ...
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