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| APRIL 11, 2005 |
Shipping News
- Singapore-flagged tanker in latest pirate attack
ARMED pirates have struck yet again in the Malacca Strait, the fifth attack in just over one month, this time storming a Singapore-flagged tanker in the southern reaches of the Strait.
- Crew kidnap incident cost Idaten's owner 50m yen
THE owner of the Japanese tugboat Idaten, whose Japanese captain, chief engineer and Philippine crewmember were abducted for ransom in March, said the incident cost his company about 50 million yen . Kanji Kondo, president of Kitakyushu-based shipping company Kondo Kaiji, said the total cost of freeing his captive crew, travel costs and compensation for the job Idaten had been contracted for, amounted to at least 50 million yen.
- China Shipping orders vessels to double fleet
CHINA Shipping Group Co, China's second-largest shipowner, will more than double its container fleet capacity by 2008 after ordering more vessels, Oslo-based broker Fearnleys AS said in a report.
- P&O's biggest cruise liner
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| APRIL 11, 2005 |
- Hapag-Lloyd throughput up in 2004
- Port of Long Beach predicts strong growth this year
- NOL looking to expand: report
- New appointments proposed at Royal P&O NedLloyd
- BCT adds Panamax container gantries
- Singapore, Bahrain sign open skies agreement
- Continental to fly direct to New York-New Delhi
- UPS opens Tianjin office
- Shenzhen Airport opens customs administration warehouse
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| APRIL 11, 2005 |
- Mercator raises $ 60 m from FCCBs
- IOC, Aramco plan oil storage facility in India
- Seafood exports increase by 7 pc in April-Dec. 2004-05
- 75,000-tonne new wheat export deals struck
- Ircon bags Rs 63-cr. Nepal road project
- Greenpeace faults move for shipbreaking yard at Kakinada
- Paradip Port to handle Nalco’s export cargo again
- PRCL gets 2-year moratorium on repayment of debt
- WR hauls up new freight record
- Kamal Nath fine-tunes NFTP to propel exports
- DEPB benefits restored for SEZ units
- Exporters to raise voice over I-T Dept stand on DEPB receipts
- Exports created 1 m jobs in 2004-05—Kamal Nath
- Assocham sees transaction costs markedly down
- Dy CM R.R. Patil attends S.R. Kulkarni’s birthday rally
- CII roadshow begins in US
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| APRIL 8, 2005 |
- Lukoil President unveils new bunker terminal
Yesterday's opening completes another stage in enlarging Rotterdam's fuel oil storage capacity - eventually doubling the port's fuel oil storage to over 2 million m³.
- Fujairah joins world's top-three bunkering centres
With annuals sales in 2004 approaching 12 million mt, Fujairah ranks alongside Rotterdam in terms of turnover.
- SAMSA confirms Marpol single hull regulations
The South African Maritime Safety Authority (SAMSA) has confirmed that it is enforcing Marpol Annex 1 regulations 13G and 13H at the country's ports.
- Chemoil announces exit from Philadelphia
Chemoil Corporation has announced that it will withdraw from the Philadelphia bunker market as of April 15, 2005.
- Moller-Maersk shields bunker costs with 'in-house' merger
Shipping giant takes the unprecedented step of merging its bunker purchasing department with its oil trading operations to minimise the impact of surging oil and bunker fuel prices.
- Matson up fuel surcharge in view of rising bunker prices
Matson Navigation decided to increase fuel surcharge by a maximum of 10.5% after a sustained rise in bunker fuel prices.
- Bunkering spills small compared to other oil spills causes
Oil spills from tankers have declined from last year, and spills from bunkering were meagre compared with other causes of spills.
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| APRIL 8, 2005 |
- Swift Transportation selects Qualcomm tracking system
- USA: Michigan cracks down on overweight trucks
- TNT Austria posts good results for 2004
- Norwegian road map for HGVs
- IAM welcomes additional Austrian Airlines direct flights
- More freight at the port of Rostock
- Management changes at Inercontainer-Interfrigo
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| APRIL 8, 2005 |
- IM Skaugen kicks off the year in style
- London Club sees strong renewals
- BCT goes panamax
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| APRIL 8, 2005 |
- Cal Dive makes "stalking horse" bid for Torch assets
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| APRIL 8, 2005 |
- Portland Port Commission schedules public budget hearing
- ITC opening investigation into three trade agreements
- BoatSwap & Chowder Challenge scheduled for next month in Olympia
- Good Friday holiday takes bite out of rail freight
- Two new members named to VPA Board of Directors
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| APRIL 11, 2005 |
- Shipowners disappointed with Norway’s tax tweaks
NORWAY’S shipowners, awash with record profits, have branded the Conservative government’s latest round of tax changes as a “setback” despite a pledge from Trade and Industry Minister BØrge Brende to phase out the wealth tax.
- Lubricants crisis could keep ships idle
SHIPOWNERS are facing a crisis in marine lubricant supplies that may keep some vessels in port, unable to complete their voyages.
- Port inspectors plan starts row with EU member states
EUROPEAN Union governments are fighting plans by the European Commission to send inspectors into ports around the continent to ensure compliance with the new port security directive.
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| APRIL 8, 2005 |
- Asian owners, shippers come closer
ASIAN ship owners and shippers have set the ball rolling for establishing harmonious relations
- Tax cut to boost Polynesia cruises
FRENCH Polynesia is to suppress a cruise tax payable by cruise operators, which has prevented the development of cruises in the area in the past decade
- Transchart grip loosened
INDIA’S government has cleared Indian Oil Corp's demand to charter ships for oil imports directly instead of going through Transchart, the chartering arm of ministry of shipping
- Ocean Village doubles up
PRINCESS Cruises will transfer its oldest ship, the 1991-built Regal Princess, to UK sister Ocean Village in October 2006, doubling the British line’s capacity
- Senator interrupts Canada service
SENATOR Lines is to end slot chartering on ships run by Lloyd Triestino and CMA-CGM on the North Europe-Canada service but hopes to commence a similar service soon
- Qatar delivers first LNG to Spain
- IM Skaugen posts strong 1Q
- Drivers leave Calais in droves
- QM2 gangway tragedy charges
- Carnival warns on fuel costs
- Orion launches Australian cruising
- Ore curbs will drag down Cape rates
- Singapore urges Malacca action
- Greek owners slam 'hostile' EU
- Carnival crew dispute goes to court
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| APRIL 8, 2005 |
- Maersk Sealand passing on box charges
World's largest container line says it will pass on demurrage and detention fees it is assessed for late box pick-ups.
- Analysts: No slowing China growth
- Trans-Atlantic conference carriers raise fuel charge
- TSA chief steps down
- Postal Service seeks rate hikes
- Bridgeport taps barge hub operator
- Indian ports traffic up 11%
- Gain for HK air cargo
- EU plans transport corridors
- Improved income for UTi
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| APRIL 8, 2005 |
- APM Terminals’ Apapa award mystifies the market
The basis of APM Terminals’ (APMT) recent selection as preferred bidder to operate Lagos’ Apapa terminal has prompted questions from players in the Nigerian shipping-industry and the global terminal-operating industry.
- HKTDC urges textile exporters to prepare for US safeguards
The Hong Kong Trade Development Council (HKTDC) has warned textile exporters in town to make early preparations for the US safeguards which may come into force between May and June.
- Trucker ID aimed at easing German terminal turnaround times
- CIMC expects profits to surge fivefold
- CSCL buys vessel for domestic trade
- Shortsea trio shuttling between Poland and Germany
- TECO’s Finbest to add call in Aarhus
- Visakhapatnam terminal records 120% throughput growth
- Canadian National Railway beefs up locomotive fleet
- Port of Portland to tighten budget to expand port
- Gdynia’s BCT to go over-panamax
- Lithuanian line to celebrate 10 years by bringing business in-house
- Gwangyang aims to become a hub port
- Korea exports for digital products grow in March
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| APRIL 8, 2005 |
- Action over Blasco land grab
Odessa prosecutor takes company accused of cheating Ukrainian owner out of land and property to court.
- Teekay payout unchanged
Dividend flat despite record earnings from booming tanker market.
- EC bans Italian yard scheme
Neelie Kroes' two-year investigation finds loan guarantee plan contravenes state aid rules.
- APL seeks new deals
Discharge of Exmar LNG carrier boosts Norwegian company’s hope for more offshore terminals.
- Arpeni on the prowl
Indonesian owner planning share issue to raise cash for 14 new vessels for cabotage trade.
- LPG boost for Skaugen
Profit more than doubles as Norwegian owner sees gas carrier earnings at ten year high.
- Nauta notches profit
Polish shiprepairer turned around previous year's loss in 2004 as it worked on Lys-Line ro-ros.
- Idaten boss paid negotiator
Deal with pirates freed Japanese tug crew in Malacca Strait.
- Ocean Village expands
Princess Cruises’ UK brand to get another vessel aimed at younger customers next year as newbuildings arrive.
- CSCL acquires boxship
China Shipping Container Lines is buying a boxship, which was once a tanker, from a subsidiary.
- Make my day
Genmar ensures Peter Georgiopoulos will profit handsomely from any Frontline takeover.
- Petrobras extends Ultrapetrol unit
Brazilian energy giant picks up two-year option on Ultrapetrol's Alianza G3.
- Transpetro clears 8 yards
Petrobras transport arm provisionally eliminates three local shipbuilders from mammoth 42-tanker tender.
- Matson inches up surcharge
Rising fuel costs prompt US-to-Hawaii container line to increase its fuel surcharge by 1.3% to 10.5%.
- Senator withdrawing from ECS
German boxship operator is to stop taking slots on ships operated by Lloyd Triestino and CMA-CGM.
- Moby sees another profitable year
Increase in passenger numbers to the island of Sardinia helps lift profits at Italian ferry owner
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| APRIL 8, 2005 |
- Pacific ship capacity up 18% before peak season
- China Shipping plans 8 new services this year
- PIL joins CP Ships' Asia/Canada link
- Indotrans joins U.S./Middle East discussion agreement
- Deutsche Post, UPS battle for express market shares in Europe
- UPS to open Singapore distribution and logistics hub
- CN, grain shippers in argument over rail service
- CN orders 75 locomotives, options another 75
- GAO: U.S. arms export control system static since 9/11
- Taiwan reopens borders to U.S. beef imports
- Iraq buys 60,000 metric tons of U.S. rice
- ITC investigates impact of 3 U.S. trade agreements signed in 2002
- USDA considers uniform pork import policy for 15 EU members
- Airbus selects Stute for Laupheim logistics center
- Gdynia port gets new Panamax cranes, post-Panamax to follow
- CORRECTION: NY/NJ terminals reduce container free time
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| APRIL 8, 2005 |
- Norwegian supply vessel hull assembled in Sweden
Marieholms Mekaniska Verkstad, MMV, in Surte near Göteborg has received an order for a supply vessel hull from Norwegian Kleven ...
- Svithoid orders two more
Svithoid Tankers exercises its first options and orders two 4,450 DWT product carriers from the Russian shipyard MNP Onshore & Offshore ...
- Strong growth on Tallinn-Stockholm route
108,000 passengers travelled on Tallink ferries on the Tallinn–Stockholm run during the year’s first three months, up by 43.6 ...
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