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| OCTOBER 17, 2005 |
Shipping News
- Hyundai is ready to build world's largest box ship
THE world's largest container ship capable of carrying over 13,000 TEUs has been unveiled and is ready for orders, according to Germanischer Lloyd and Hyundai Heavy Industries .
- Sea security now tighter, says ISPS architect
GLOBAL maritime anti-terror laws introduced last year have broadly enhanced sea security, but many challenges lie ahead, a principal architect of the measures said in an interview.
- Daewoo to bid for Romanian shipyard
DAEWOO Shipbuilding & Marine Engineering Co, the world's second largest shipbuilder, said it will bid for Santierul Naval 2 Mai Mangalia, a Romanian government-owned shipyard, to expand capacity in the country.
- Work resumes at Bangla port as coasters end strike
- French ferry workers vote to end strike
- Southampton port sees slow growth
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| OCTOBER 17, 2005 |
- China, US textile talks collapse
- New Brisbane berth to be built
- Hebei river port activity on the rise
- MSC to offer Falcon service from Far East
- Container traffic up at LA and Long Beach
- Supply chains becoming increasing fragile: report
- HK government to spend HK$6.5 billion on airport
- US financier to invest US$25m in Hainan Airlines
- Air New Zealand plans to introduce Shanghai service
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| OCTOBER 17, 2005 |
- EU gives conditional clearance to TUI’s acquisition of CP Ships
- Seaways Shipping to extend North Bay of Bengal shuttle service to Chennai
- Move to open up cruise shipping to foreign investors
- Kakinada Steamer Agents’ Assn office-bearers for 2005-07
- Bengal Tiger Line awarded NMPT ‘certificate of excellence’
- WCA Family of Logistic Networks to hold 2 major conferences for freight forwarders in February 2006
- Edible oil imports increase by 19 pc
- Clinical trial kit shipments to Singapore triple in 8 months
- JNP transporters meeting today to chalk out strategy against toll on National Highway 4B
- GAC appointed logistics services provider for 15th Asian Games Doha 2006
- GDL net profit soars to Rs 37.60 cr. in H1
- TVS Logistics to provide services to European auto cos
- NMPT seeks ‘in-principle’ approval for development projects
- Court ruling may further delay Ennore Port coal terminal project
- SEZ rules may be effective from Nov. 1
- Fiji PM sees good scope for trade with India
- Export schemes come under the scanner
- Sunset clause set to discourage new EOUs
- Govt upbeat on service tax collections
- NCHAA formed to facilitate Customs clearance at Nashik
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| OCTOBER 14, 2005 |
- Norfolk Southern names new top executive
- Nippon Yusen Kaisha celebrates 120th anniversary
- Air France-KLM Cargo’s boosts cargo services in winter
- TFG launches PortSprinter between Bremen and Hamburg
- Geodis appointed by Carrefour Korea
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| OCTOBER 14, 2005 |
- Owners urge states not to revise oil pollution compensation conventions
- "K" Line to launch Egypt-Black Sea service
- Rotterdam port to shed jobs
- EC sends "reasoned opinions" to seven over lack of waste reception faculties
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| OCTOBER 14, 2005 |
- Navy awards $223.26 million LCS contract
- Grain voyage for Maritrans tanker
- Aker Yards to build well intervention vessel
- $7.9 million repair contract for Guam yard
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| OCTOBER 14, 2005 |
- K Line adding service calling Black Sea ports
- New Coast Guard cutters working in Puget Sound
- US opens door with EU for new air services deal
- Schnitzer, Hugo Neu close deal terminating joint ventures
- Rail freight weathers storms has positive month of September
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| OCTOBER 17, 2005 |
- End to deadlock sought on pollution compensation fund
BATTLE will once more be joined at the International Pollution Compensation Fund Assembly this week as country delegations try to break the deadlock on whether or not to revise the Civil Liability and Fund conventions covering oil spill compensation, writes Sandra Speares.
- IMO member nations bury differences to pass updated anti-terror treaties
INTERNATIONAL Maritime Organization delegations have reached agreement on updating treaties dealing with the suppression of unlawful acts against ships and offshore installations.
- PNTL places order for £30m nuclear carrier with Mitsui
PACIFIC Nuclear Transport, a subsidiary of privatisation candidate British Nuclear Group, has ordered a new nuclear carrier from Mitsui Engineering of Japan.
- Panama starts $1bn race for megaport
THE Panamanian government has opened the race to build a 6m teu megaport on the Pacific coast of Panama by inviting letters of interest for the $1bn project.
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| OCTOBER 14, 2005 |
- Treyukhin gets the nod at Novoship
RUSSIAN government officials voted the state shareholding majority in Novorossiysk Shipping Company (Novoship) today to select a new chief executive, replacing Tagir Izmailov
- Demand fears hit tanker stocks
TANKER stocks fell yesterday on concerns over declining post-hurricane demand and a shift in stance by JP Morgan from ‘bullish’ to ‘neutral’
- Van de Merwe quits CMA CGM
JOHN Van de Merwe resigned as senior vice-president at CMA CGM on Wednesday, it was revealed yesterday
- Marco launches Kochi-Dubai link
DUBAI-based Marco Shipping is about to launch a cruise-cum-ferry service running once a week between Kochi, India, and Dubai in November
- Maritrans says no to double-hulling
MARITRANS will not proceed with the double-hull conversion of its tanker Allegiance, marking the departure of yet more tonnage from the shrinking Jones Act products fleet
- K Line starts Turkey service
JAPANESE operator K Line is to launch a weekly container service in December linking the transhipment hub of Port Said with Turkish and Black Sea ports
- US imports ramping up
- Montego Bay to boost cruise
- Chennai looks for Bandladesh trade
- Teryukhin gets the nod at Novoship
- Lula backs Brazilian bidders
- Australia boots up ICS system
- BP, Hindustan in strategic venture
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| OCTOBER 14, 2005 |
- LA-Long Beach volume picks up
September gains indicate that diversions from Southern California gateways have run their course.
- Connie Awards honor Capo, Gatti and Mack
- Cargolux, Northwest hike surcharges
- Emergency meetings in WTO talks
- China gain fuels U.S. trade deficit
- Annual gain for U.S. surface trade
- Rail price-service gap growing: Survey
- STB’s Nober to retire
- MOL to start new India-Singapore service
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| OCTOBER 14, 2005 |
- Depth charge lights up Gioia Tauro’s 10-year anniversary celebrations
Draught restrictions mean that Maersk Sealand will not call at Gioia Tauro with its larger vessels, believed to be around 10,000TEU due to be delivered from this month.
- Conflicting reports on ICS switch
There are conflicting reports over Australia’s new Integrated Cargo System for imports, with some major users calling it a ‘debacle’ while customs claims it is managing the associated congestion.
- German Minister promises end to Maut evasion
- NSW Government picks bigger Botany terminal
- New service links India with Singapore Straits
- Trio of Asian carriers launch ME/Asia loop
- DP World introduces Navis at Cochin
- Straddle deal gives POP Antwerp maintenance support
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| OCTOBER 14, 2005 |
- Warrants for Volgotanker men
Samara court seeks arrest of two executives linked to massive Russian back-tax demand.
- Novoship head ousted
Shareholders ditch chief executive in favour of merger-friendly Sovcomflot man.
- L&B’s road to Damaskus
German owner has Pauline conversion and signs ITF crew agreement for third ship.
- New box series
ThyssenKrupp confirms a two-ship order for Nordseewerke and says it means a new generation of compact boxships.
- Kogas unveils LNG winners
Dramatic tender result sees Hanjin return to LNG construction and success for STX Pan Ocean.
- Italy's owners squabbling again
Confitarma threatens to take Tirrenia to EC after ferry operator asks for $36m handout.
- Eitzen buys again
Norwegian owner adds another 13,000-dwt chemical carrier to fleet with purchase of bareboat chartered newbuilding.
- Nuclear order for MES
Tamano yard beats European rivals to win deal to build $53m irradiated fuel carrier.
- Singapore box numbers rise
Lion Republic’s two major container terminals see healthy increase in throughput in first nine months.
- Investors take up ACL overspill
Unnamed stockholder sells another 1.23m shares and company brings home $146.5m.
- India opens its arms
Government planning to allow direct foreign investment by cruiseship owners to boost tourism.
- Samudera outlines growth
Diversifying feedership operator will issue shares to fund purchase of six second-hand ships.
- Genmar sells 10 singles
New York owner fetches $290m-$300m from Tanker Pacific in disposal of its single-hull and double-sided suezmaxes, market sources say.
- Fesco buyers face wait
Sale of 20% state stake in Russian owner could still happen, but probably not this year.
- Maritrans betters credit terms
Expansive US tank-barge specialist Maritrans has won cheaper and less restrictive credit to allow unspecified acquisitions.
- MOL bolsters India links
India’s economic growth prompts Japanese owner to introduce fourth Singapore India service.
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| OCTOBER 14, 2005 |
- Mitsubishi to market GE container security device
- Van de Merwe leaves CMA CGM
- Carriers to start Southeast Asia/Indian subcontinent loop
- Carriers to start Asia/India/Middle East service
- Northwest asks court to cancel labor agreements
- Lufthansa Cargo, BA World Cargo raise fuel surcharges again
- Air New Zealand names Fyfe CEO, plans China flights
- Lufthansa's cargo flat after nine months
- Qantas to add fifth Brisbane/Los Angeles weekly flight
- RailAmerica's carloads up 3% in September
- Explore Airtrans to use Trans-Soft software
- U.S.-China textile talks collapse
- N.D. wheat farmers challenge ITC ruling on Canadian wheat
- CBP readies new C-TPAT criteria for carriers
- Port of LA commission approves environmental spending
- P&O Ports enters contract with Kalmar in Antwerp
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| OCTOBER 14, 2005 |
- New Norwegian government to support seamen
Norway’s new left-of-centre government has pledged support for the seamen and will retain the net wage arrangement for ...
- Financial support to Scandlines
Scandlines will receive financial support for its service on the Spodsbjerg–Taars run in the southern part of the Great ...
- Italian owner takes half of Dannebrog
The owner of Dannebrog Rederi A/S, Johan Wedell-Wedellsborg, has sold 50 per cent of his shares in the ...
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| OCTOBER 14, 2005 |
- US Gulf suppliers hold on to barrels
Avails remaining tight as Houston suppliers move carefully in a softening market but lead US prices lower.
- China: Fuel oil supply pact dissolved on high import costs
High fuel oil import prices and low domestic sale prices have prompted BP and Guangzhou Development Industrial Holdings to dissolve their fuel oil supply cooperation pact.
- Reports: BP Marine in lubricant court case
BP Marine to appear in a London court after shipowner alleges lubricants supplied to 3 ships caused "catastrophic failure" - BP denies the claim.
- Further test results confirm Port Said quality issues
Another agency reports fresh instances of highly abrasive fuels from Port Said, and joint analysis of barge and ship's sample confirm an August case.
- Rotterdam/Antwerp softer Friday morning
- Countering piracy on the high seas
Singapore-based high seas bunker supplier, SM Lito Marine, shares some thoughts on preventive measures to protect vessels from pirate attacks.
- Hong Kong: Bunker avails squeezed by tanker delay
Hong Kong's bunker market is tight on bunker fuels following the delay of an ExxonMobil tanker and increased demand.
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