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| SEPTEMBER 23, 2005 |
Shipping News
- India's Transworld to launch first newbuild
THE Transworld shipping group of India is seeing a dream fulfilled today at a Singapore shipyard.
- Yang Ming, Wan Hai in cargo space sharing deal
TAIWAN's Yang Ming Marine and Wan Hai Lines have sealed a deal to share cargo space aboard vessels on routes between China and the Middle East to cut costs and expand services, the companies said on Wednesday.
- Master charged for being drunk
THE master of the UK emergency towing vessel Anglian Sovereign, which ran aground off the Shetlands on Sept 3, has been charged in court with five offences, including one of being drunk.
Admiralty Casebook
- UK port owner negligent in damaged cargo ship case
THE English Commercial Court ruled last week that the owners and operators of a UK port negligently caused damage to a cargo vessel because they failed to ensure a 'daily system of careful inspection and regular dredging' of their berths.
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| SEPTEMBER 23, 2005 |
- Cosco Guangzhou pulls out of Coscol share transaction
- Korean, Chinese forwarders form business
- GAC strengthens Russian network with St Petersburg office
- Schenker opens new logistics centre in Poland
- Call for immediate additional Indian port facilities made
- Savi launches SaviTrak with first RFID-tagged boxes
- Boeing expects China's air fleet to quadruple by 2025
- Australia to upgrade airport security
- Continental to fly non-stop from NY-Barcelona
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| SEPTEMBER 23, 2005 |
- MOL to launch India, Pak, S & E Africa service
- US Customs to phase-in new packaging material rules
- Nord Scan Line & Sai Freight to launch heavy lift service on Indian coast
- Instt. of Chartered Shipbrokers’ course in Hyderabad on Oct. 22
- GE Shipping signs deal to sell Jag Radha
- Authorised trade between India, Pak swells
- L&T bags major export orders
- PLL’s Dahej terminal now normal
- CONCOR’s KDS to ICD-Birgunj cargo transport service elicits excellent trade response
- Railways to conduct need-based assessment of old projects
- Road transporters demand immediate rollback of state tax hikes
- BA World Cargo halts fuel surcharge hike
- Cargo airlines flying into record profits
- Freight futures market matures with entry of clearing houses
- India is a potential iron ore powerhouse, avers BHP Billiton
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| SEPTEMBER 22, 2005 |
- Van Slobbe to quit PONL/Maersk Line
- CaroTrans begins Houston-Buenos Aires-Santos service
- LAN Cargo increases capacities to Brazil
- Fiege Logistik (Switzerland) expanding services
- Kuehne + Nagel opens new Finland logistics centre
- New road toll proposals in Oregon
- Beständig Logistic selects Euro Telematik
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| SEPTEMBER 22, 2005 |
- Texan ports brace as Rita increases to Category 5
- Frontline bid for Bergshaven fails
- Skaugen orders LPG/ethylene/chemical vessels
- MAIB calls for national standards for UK pilots
- Newhaven Port slammed in groundings probe
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| SEPTEMBER 22, 2005 |
- Sembcorp Marine unit to purchase Texas yard
- ENSCO orders ultra deepwater semi
- Coast Guard Admiral to head Rita response in Texas
- Manitowoc's Toledo files layoff notification
- Rita races towards Texas
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| SEPTEMBER 22, 2005 |
- Portland Airport employees heading to New Orleans
- US/Mexico come to terms on new aviation agreement
- Willamette Falls Locks closing for winter season
- Carnival sending new liner to British cruise sector
- Customs drops ACE need for estimated duties bond
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| SEPTEMBER 23, 2005 |
- Brussels admits single-hull phase out will damage environment
SHIPS scrapped as the result of the European Union’s single-hull phasing out programme will cause environmental damage and health problems for workers in the third world, the European Commission has admitted.
- Danes retain majority hold on Maersk Line senior management team
P&O NEDLLOYD staff have landed some top jobs in the new Maersk Line but the senior line-up is still overwhelmingly Danish.
- Newhaven port operator censured over safety lapses
NEWHAVEN Ports and Properties has been heavily censured for serious safety failings after a spate of ferry groundings at the English south coast port.
- Pappadakis takes Intercargo helm
GREEK shipowner Nicholas Pappadakis has pledged to keep up pressure for improvement of maritime training as a priority, shortly after being elected as new chairman of the International Association of Dry Cargo Shipowners.
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| SEPTEMBER 22, 2005 |
- SNCM strike action intensifies
UNIONS representing employees at French ferry operator SNCM have called for an indefinite strike beginning on 28 September to protest against the privatisation of the company
- Silja Line unveils action plan
SILJA Line, the troubled cruise ferry subsidiary of Sea Containers, has unveiled an action plan that calls for newbuildings, refits and job losses
- TTS Marine confirms Kocks takeover
NORWEGIAN marine equipment supplier TTS Marine has confirmed its takeover of German supplier Kocks
- Indians may go for Chinese officers
INDIAN-flagged operators are finding it harder to attract domestic officers and are looking to China to man Indian ships
- Fox backs Pemex investment plea
PEMEX, Mexico’s oil giant, could finally get much needed foreign investment under a proposal to Congress yesterday from President Vicente Fox
- Gujarat to revive dying demolition
GUJARAT Maritime Board is to try to revive the state's dying shipbreaking industry, especially in Alang, Asia's largest ship demolition site
- Frontline's Bergshaven bid fails
- Poor checks encourage cargo fraud
- Houston closes to await Rita
- Rita energy fears worsen
- Mitsui in Siberia mine partnership
- National Marine swoops on Lorenzo
- STX may appeal against LNG shut-out
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| SEPTEMBER 22, 2005 |
- Hurricane Rita shuts Texas ports
Traffic (left) streams out of Houston near the Barbours Cut terminal as Category 5 storm Rita moves toward expected landfall early Saturday.
- Opposition to Jones Act ag waiver
- Barone testifies in ILA trial
- Customs lifts ACE bond rider
- Rooney to lead Hanjin Americas
- Trailer Bridge appoints inland VP
- U.S., Mexico in air pact
- Continental trims Houston cargo services for hurricane
- Hurricane halts Texas coast rail moves
- Exec says Katrina a supply chain wake-up call
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| SEPTEMBER 22, 2005 |
- Toronto trucker conflict hitting container flows
Containers are starting to pile up at Toronto’s intermodal terminals as a violence-marred trucker conflict escalates, despite a settlement offer from trucking firms earlier this week.
- 'Rising quality to blame for textile trade disputes'
The head of China’s Textile Industry Federation has attacked domestic critics who believe unhealthy, high-speed development has caused China’s US/EU disputes, claiming instead that textile-quality improvements were causing the trade-battles.
- Texas ports closed for Category 5 Hurricane Rita
- Senior Maersk Line posts for two PONL directors
- Investment plan avoids ECT congestion
- Nansha share sale a threat to HK's river trade
- Four-vessel newbuild order for Alianca approved by Brazilian fund
- North Korea to open first container terminal
- TX Logistik planning French, Belgian and Netherlands expansion
- ProLogis expands into China's top port
- More liquid FESCO offers Russian economic upside, says Citibank
- High-Level transport group examines EU links to neighbours
- China Shipping takes delivery of new tonnage
- Oi Container Terminal takes delivery of transfer crane
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| SEPTEMBER 22, 2005 |
- Pilots fleeing river
Pilots at Lake Charles have shut down and are evacuating and a closure at the Mississippi mouth is now also certain.
- Jones owners roar
Protected US shipowners are blasting farmers’ proposals to let foreign ships work the Jones Act trades in the wake of hurricane Katrina.
- Silja starts lay-off talks
Finnish ferry firm starts selling ships and looks for up to 150 redundancies.
- Dim Horizon
Jones Act boxship player Horizon Lines fails to price IPO at target, will slash range and try again with no proceeds to backer Castle Harlan.
- Demolition dying slow death
Indian shipbreaking industry cleans up its act but regulators need to follow suit.
- Floating crane for UASC ship
Initial survey of damaged containership indicates need for some boxes to be taken off at sea before berthing.
- Tewari diagnoses yard ills
Hindustan yard boss prescribes government medicine needed to boost Indian shipbuilding.
- MAIB slams Newhaven groundings
UK accident investigators list catalogue of errors in series of groundings at French-owned port.
- Saverys sell 4m Euronav shares
Free float increased by 20% after block sale by Marc Saverys and sister as Livanos ups stake.
- Great Eastern sells handysize
Indian owner cuts bulker fleet to 11 with deal for 1977-built ship.
- HCI prepares to list
German owner to become only second KG house to float its shares.
- Crowley makes new start
Gulfport liner service back in business from 1 October as US owner recovers from Katrina.
- BC Ferries stays at home
Canadian owner orders replacement for 1960-built ferry in Vancouver.
- China "to build Iran yard"
Multi-billion dollar deal could see shipbuilding complex on Gulf island of Qeshm.
- India faces up to age problem
Top shipowners lament cost of replacing old ships, which will limit expansion ambitions.
- Fincantieri profit halves
Italian shipbuilder sees first-half result fall due to fewer deliveries and higher costs for steel, fuel and insurance.
- Skaugen adds three more
Norwegian owner orders trio of versatile LPG/ethylene ships in China.
- V.Ships probes OWS fault
Shipmanager says oily-water separator problem could mean Maersk-chartered ship DID cause pollution.
- Indian crews "too pricy"
V.Ships boss warns subcontinent seafarers highly-skilled but in danger of pricing themselves out of market.
- MOL bonds with Gazprom
Japanese owner says up to 20 LNG carriers could be required to ship Shtockman gas.
- John adds to offshore spree
SeaDrill, the Fredriksen offshore vehicle, orders semi-sub at Daewoo with promise of more to come.
- Frontline in $6.4m Bergshav buy-off
Fredriksen in nice little earner after Atle Bergshaven moves to increase shareholding.
- Time for quality
BP Shipping’s South Asia chief Angus Davis says penny pinching on ship running costs is unacceptable in 21st century.
- New Horizon?
US Jones Act liner company Horizon Lines appears to have priced its IPO, but details uncertain.
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| SEPTEMBER 22, 2005 |
- COSCO, Wallem Group establish ship management joint venture
- MarAd publishes final rule for new MSP program
- Ship operated by Maersk Sealand suspected of oil leak
- Marad plans more ship disposals
- INTTRA reports 10% growth in South America
- Hanjin names Rooney managing director for North and South America
- CORRECTION: Mitsui & Co. subsidiary works with Savi Networks
- U.S., Mexico agree to expanded aviation services
- FedEx’s first quarter profits marginally rise
- UAL Corp. posts $30 million net loss in August
- Yellow Transportation offering new express air service
- Continental to reduce cargo operations at Houston
- Navis updates NIT League on truck appointment system
- Forwarder network rebrands
- DHS: Private sector could capture advance data for security screening
- Houston shipper pleads guilty to attempted illegal export to Iran
- U.S. has no plans to budge on food aid programs in Doha
- USDA lends hand to stranded grain shippers in New Orleans
- Target building import warehouse in Savannah
- Soybean shippers urge Senate to act on water resources legislation
- Visionary Vehicles awards contract to DAS
- Schenker opens logistics center in Pyskowice, Poland
- Former TRANSCOM commander joins ARC, AAL boards
- Port of Oakland statistics adding up to huge year
- Port of Houston closes in advance of Hurricane Rita
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| SEPTEMBER 22, 2005 |
- Hefty profit when Stena Bulk sells tanker pair
Stena Bulk has sold two Panamax tankers currently under construction in Dalian, China to Greek Aries Maritime for USD 112 ...
- Gazprom borrows to buy Sibneft
The world’s biggest gas producer, Russian Gazprom, has secured a loan of USD 12.0 billion from a consortium of western ...
- Container vessel forced to Brest for inspection
The French authorities yesterday forced the container carrier "Maersk Barcelona" to the port of Brest for investigation of a possible ...
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| SEPTEMBER 22, 2005 |
- Houston: no enquiries today as port closes
Suppliers still trading in Houston today report no business as others complete their evacuations and the market braces for uncertainty.
- New threat to oil supply from Nigerian 'bunkering' protagonist
Threat to oil supply as supporters of jailed Nigerian warlord and 'bunkering' protagonist demand his release.
- Chimbusco identifies biggest growth areas for Chinese market
Chimbusco identifies growth areas in the Chinese bunker market, and says it will open to foreign entrants eventually.
- Newbuild order changed due to surging fuel cost
Grimaldi gambles on larger vessels to combat effect of more than $60m rise in annual fuel costs for the Group.
- Hong Kong: Act on shipping emissions or face regulations
Shipping industry urged to reduce emissions or face possible regulatory measures in Hong Kong and nearby areas.
- KIC seeking partners, 99 year lease at PTP
KIC seeking 99 year lease from government and partners to take a 40% stake in its ambitious storage and blending facility at Malaysia's PTP.
- Rotterdam firm amid tightness, congestion
- Singapore: Fall in stocks of residual fuel and distillates
- Saudi Aramco: Lack of refineries to blame for high oil prices
Saudi Aramco blames high crude oil prices a lack of refining capacity, and reveals plans to build new refineries.
- Hurricanes foil more than 70% of oil output in US Gulf of Mexico
Hurricane Rita and the aftermath of Katrina have shut down more than 70% of US oil production in the Gulf of Mexico.
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