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| APRIL 18, 2005 |
Shipping News
- Singapore keeps title as HK posts no major volume rise
HONG Kong's port operators handled fewer containers than Singapore in the first quarter, keeping the Republic the world's busiest port since February when it first overtook the Chinese city.
- TSA warns of jump in storage fees as terminals cut free time
TAKE delivery of cargo and release the container boxes fast or face 'sharply higher' storage charges.
- Shipowners making beeline to Nasdaq
NASDAQ Stock Market Inc said as many as 12 shipowners plan to sell shares to the public this year on the New York-based market, seeking to finance purchases of vessels to take advantage of near-record freight rates.
- Cosco Pacific forms 4b yuan venture for Nansha Port Terminal
- Oil tanker rates to fall 43% in two years: analyst
- Berlian Laju to spend US$350m to bolster fleet
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| APRIL 18, 2005 |
- TSA Lines warn of inland storage charges in US
- Aussie Customs Service opens office in Beijing
- NYK ship rescues two men in Atlantic Ocean
- Manzhouli cargo volume reaches record high in Q1
- Second round of Singapore-Kuwait FTA talks end
- China Eastern posts profit for 2004
- US urges Japan to open up aviation market
- Xiamen begins port-airport FTZ construction
- HKIA receives best airport award for 5th consecutive year
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| APRIL 15, 2005 |
- Malacca Straits: Bunker supplier turns to armed escorts
Bunker supplier operating in the Malacca Straits happy to pay a hefty sum for armed escorts through the pirate infested waters.
- Crude retreating again after short-lived rally
Yesterday's rally in crude prices appears to have been short-lived, with prices retreating again on both sides of the Atlantic.
- IBIA chairman aims to lift bunker industry image
IBIA chaiman seeks transparent, paperless delivery and invoicing system for the bunker industry as he seeks to clean up its image.
- Key USGC supplier acquired in takeover deal
Acquisition of key Gulf Coast supplier for undisclosed fee will company to take advantage of 'advanced technologies and business procedures'.
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| APRIL 15, 2005 |
- Euronav secures new US$1.6bn financing deal
- Finnlines warns on 2005 performance
- CSAV joins Eurosal service
- Master fined for illegal crossing of traffic lane
- WWL buys into Nissan’s UL logistics firm
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| APRIL 17, 2005 |
- Giant wave hits cruise liner
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| APRIL 15, 2005 |
- Portland Port Commission Oks Rivergate land lease
- Rail freight traffic totals have good month during March
- Newport schedules 49th annual Loyalty Day and Sea Fair Festival
- Ports of Seattle/Tacoma receive additional DHS funding
- Kvaerner Philadelphia Shipyard nets billion dollar tanker deal
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| APRIL 18, 2005 |
- IMO joins criticism of Canadian anti-pollution Bill
THE International Maritime Organization has joined the mounting chorus of industry criticism against proposed new Canadian anti-pollution legislation.
- Global Oceanic chooses London for shares listing
London’s stock market is finally joining the action in shipping share offers with a new dry bulk venture, Global Oceanic Carriers, seeking to raise more than £40m ($78m) through a listing on the Alternative Investment Market.
- ITF faces £1m bill over collision
SEAFARERS union the International Transport Workers Federation could be facing a £1m legal bill following a court judgment finding its training ship Global Mariner (above) 100% responsible for a collision in 2000, writes Sandra Speares.
- East Asian shipyards in push for escalation clauses
THE clamour for escalation clauses in all shipbuilding contracts is growing across east Asia, with certain Chinese yards already instituting currency fluctuation agreements.
- Sanko takes stake in South African crewing and freight businesses
Bulk shipping giant Sanko Steamship has taken a significant stake in a young South African crewing and freight business with the twin aims of gaining a slice of the nation’s vast exports of raw materials and a new source of quality seafarers, writes Tony Gray.
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| APRIL 15, 2005 |
- Buenos Aires strike suspended
- US may fund Caribbean security
- Marine premiums decline: IUA
- Indian seafarer rules attacked
- P&O Ned buys into Voltri terminal
- Massive boost for Kvaerner Philly
- Grounding report secrecy criticised
- Philippines scrap fraud uncovered
- Pertamina to buy more ships
- Cruising to appeal passport rule
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| APRIL 15, 2005 |
- Trans-Pacific contract talks heat up
Service contract negotiations in the eastbound Pacific are taking on a sense of urgency after a quiet spring.
- Prince Rupert box terminal advances
- Will restrictions return to Vancouver?
- Former EU trade chief ahead in race to lead WTO
- Beatson explains reasons for Panalpina departure
- Lloyd Triestino enters Canada-Europe slot-sharing agreements
- J.B. Hunt posts record earnings
- U.S., India delay second part of air pact
- Moller agrees to sell machinery subsidiary
- NYK vessel helps rescue fishermen
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| APRIL 15, 2005 |
- Customs ecstatic over giant Australian drug haul
Customs and the Australian Federal Police (AFP) have made what is believed to be one of the world’s largest Ecstasy (or MDMA) seizures from a shipping container in Melbourne.
- Weekend wildcat strikes hit Finnish ports
- CBP hands down $68,000 in fines for Immigration violations after stowaways found
- Negotiations avert Lok Ma Chau truckers strike
- Kerry Logistics to operate two new facilities in northern China
- Lyttelton settles with unions, at last
- Coscon's Evergreen slotcharter deal links SA to Asia
- LT jumps aboard to Canada with transatlantic slots
- Germans owners order in Romania
- NYK containership saves two fishermen in the Atlantic
- Paradip resumes containerised aluminium exports
- Seattle/Tacoma and NY/NJ share in Domestic Preparedness funding
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| APRIL 15, 2005 |
- V.Ships just got bigger
Shipmanagement behemoth heads for 800-ship mark, while 82 nationalities man ships and offices.
- Cypriot battle comes to an end
Minister intervenes to rule island's two associations will jointly represent shipping in Europe.
- DFDS launches Tilbury run
Paper deal with StoraEnso spurs new ro-ro service from Gothenburg, incorporating Harwich traffic.
- MMM chases Indian contract
Malaysian tanker owner in talks over products deal with Indian refinery.
- Garage conversion for Eidsiva
Cosco yard to give Norwegian owner’s ro-ros extra space for cars on weather deck.
- Play it again Sam
Carnival hikes dividend for second time in six months.
- Vinashin builds for Nippon
Vietnamese group’s Ben Kien Yard wins deal for two Japanese bulkers.
- Mission warns on Dubai
Croatian officer jailed for more than 70 days over prescription drug.
- ITF faces £1m collision bill
Legal costs awarded against federation after ex-campaign ship Global Mariner blamed for Orinoco crash.
- Captain sacked after hitting rock
But Australia’s Toll Shipping denies master brought ro-ro close to shore to wave to family.
- MOL a smooth operator
Japanese giant says operating profit for next two years will rise as freight rates increase.
- Wartsila wins Petromarine deal
Finnish engine giant to provide twin-screw propulsion plants for French owner’s Turkish newbuilds.
- Pertamina VLCC appeals delayed
Calls for cases to be heard in one court after parties file appeals separately in different courts.
- Euronav re-jigs finances
Tanker owner arranges $1.6bn senior secured credit facility backed by fleet and newbuildings.
- PSA sees throughput rise
Number of containers handled by terminals controlled by Singapore port operator rose 11.6% in first quarter.
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| APRIL 15, 2005 |
- CP Ships warns shareholders of antitrust reform risks
- NYK penalized in Chinese stowaway incident
- Carriers merge Europe/West Coast South America loops
- A.P. Moller-Maersk continues sale of non-core businesses
- Wallenius Wilhelmsen Lines buys DAS from Nissan
- Lloyd Triestino to join two Montreal/North Europe loops
- Joseph F. Daly dies
- Mineta signs U.S.-India open skies agreement
- IATA urges regulation after privatization of Hong Kong airport
- US Airways postpones plan of reorganization
- Importers throw support behind new C-TPAT criteria
- WTO expects slowdown in world trade
- U.S. Commerce officials wants harsh response to China's IPR violators
- Iranian pleads guilty to illegal arms export scheme
- CWB goes into bat for Canadian farmers at WTO symposium
- Marine Terminals plans Mexico terminal, "remains committed" to U.S.
- FMC, port officials discuss capacity constraints
- Long Beach traffic growth slowed in March
- Deltaport congestion cleared, but more port investment is required
- Box volume down 5% at Marseilles-Fos
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| APRIL 15, 2005 |
- Illegal work stoppage in Finnish ports
On Thursday, the stevedores walked out at several large Finnish ports in order to influence the ongoing negotiations on a ...
- OSG takes ten tankers from Kvaerner Philadephia
American owner/operator Overseas Shipholding Group (OSG), headed up by Norwegian Morten Arntzen, is to bareboat charter ten 46,000 DWT ...
- British Petroleum returns to ship owning
Oil major British Petroleum will return to ship owning, according to head of BP Shipping, Simon Lisiecki, talking at the ...
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