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| JUNE 6, 2006 |
Shipping News
- LNG fleet passes 200 mark
THE global LNG carrier fleet, which passed the 200-vessel mark in April, is set to expand to 300 ships by late 2008.
- Mitsui OSK to invest US$5b in 43 new dry bulk carriers
MITSUI OSK Lines, Japan's second largest shipping firm, is to invest more than US$5 billion on 43 new dry bulk carriers to add to its existing fleet over the next four years.
- Star Cruises to sell and lease back old vessel in revamp move
MAINBOARD listed Star Cruises Ltd said it will sell one its older cruise ships from its fleet of 22 vessels for US$110 million which it will then lease back as part of its strategy of upgrading and expanding its fleet.
- Tanker rates set to rise on vessel demand
- Parent to take Shanghai Port Container private
- Indian court allows ship to anchor; experts to check toxic material
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| JUNE 6, 2006 |
- Service to Canada launched from XICT
- Rotterdam sends large delegation to China
- Rickmers opens office in Japan
- Collyer Logistics expands Asian network with 4 new India offices
- POAL considers ships emissions reduction system
- Cathay looking to acquire rival Dragonair
- Atlas Air Worldwide Holdings gets Nasdaq nod
- Korean Air offers new Incheon-Hakodate service
- JAL to join oneworld alliance
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| JUNE 6, 2006 |
- Tulsidas Khimji’s sea division wins coveted ISO 9001:2000 certification
- Essar Shipping effects sea change in terminals, logistics businesses
- ONGC to give conditional approval for GE Shipping’s de-merger
- IWAI acquires two new cargo vessels
- OOCL, TSK to operate new Asia-Middle East service
- APL’s volumes rise by 5 pc
- CMA CGM signs 10-yr pact with VIT
- AADA to raise rates from July 1
- Dongnama launches China-Korea service
- Kalmar develops new measuring technology for CTB automation
- HPC in IT project pact with CTB
- Hungary gives clarion call for better economic relations with India
- Pak may remove import duty on Indian tea
- 41 pc rise in trade with Singapore
- CLE chalking out 6-point footwear export strategy to make deeper imprints in US
- ‘India Pavilion’ likely at Iraq fair in Turkey
- Dumping duty imposed on Chinese silk
- Mundra Port wholly owned by Adanis now
- APM Terminals set to steer Port Pipavav’s fortunes
- APM Terminals sizing up India’s East coast for potential port, terminal sites
- Wheat imports at concessional rates of duty likely
- Export-import training programme on June 7, 8
- Business meet on Maharashtra
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| JUNE 5, 2006 |
- Barbados approves non-IACS duo
- LNG carrier fleet hits 200 mark
- ABS’s new low temperature environments guide
- Authorities ask for more over Exxon Valdez
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| JUNE 5, 2006 |
- Lott introduces repair duty bill
- Fincantieri eyes Philadelphia site
- Davie saved--again
- ABS issues new guide
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| JUNE 5, 2006 |
- Port of Everett reopens trail giving look at facilities
- Raise in IRB rate ceiling means more cash for Bellingham bonds
- Past Coast Guardsman revisits vessel used in D -Day support
- Washington State Ferries set for summer schedule
- Conway announces plans to close air freight forwarding arm
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| JUNE 6, 2006 |
- Greeks warn new class rules ‘unsafe’
GREEK shipowners have repeated a stark warning that radical new shipbuilding rules will fail to produce the safer ships promised by classification societies.
- Stena offers Scandlines a lifeline
STENA AB has come forward as the first firm bidder for struggling Baltic ferry operator Scandlines, with a package worth up to €1bn (US$1.3bn).
- Owner of Al Salam Boccaccio 98 among six charged with manslaughter by Egypt
EGYPT yesterday began court proceedings against six people charged with the manslaughter of more than 1,000 passengers who died when the ferry Al Salam Boccaccio 98sank in February, court sources told Reuters.
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| JUNE 5, 2006 |
- Al Salam trial begins without accused
MAMDOUH Ismail, a member of the Egyptian senate and owner of ferry operator El Salam Maritime Transport, was not in court today as the trial opened into the sinking of the Al Salam Boccaccio 98
- Great Eastern demerger hits block
THE demerger plan by Great Eastern Shipping Co, India's largest private shipping company, has hit a major block
- Petrobras buys into Uruguayan gas
PETROBRAS, the Brazilian state owned oil and gas giant, has bought 51% – and thereby control – of Uruguayan gas distributor Gaseba
- Norway/Blue Lady to go to Alang
INDIA'S supreme court today allowed SS Norway - now the 'Blue Lady' - to enter Indian territorial waters
- Appledore hit by tender termination
UK-based Appledore Shipbuilders will be hit hard by problems with a tender for a fisheries protection vessel
- West Coast India on spill alert
INDIA is on oil spill alert today as a slick continues to move northwards from the wreck of the bulk carrier Ocean Seraya towards the west coast tourist destination of Goa
- Messina sues Genoa over remarks
- Box owners sued after Katrina
- Safety failings at Plipdeco port
- Tasmania axes Sydney ferry link
- Jindal wins Bolivia ore mine rights
- Russian oil production accelerates
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| JUNE 5, 2006 |
- SSA: No comment on sale talk
Largest U.S. terminal operator keeping mum on reports it is object of $2 billion bids by Carlyle Group, Aussie banks.
- Bidding war for British airports nears end
- Customs to study truck e-filing
- Con-way Forwarding closed
- Motorola to base supply chain operations in Singapore
- RILA names new VP of supply chain policy
- Iran threatens to disrupt oil tanker traffic
- UP to upgrade Mexico crossing
- Samskip drops Geest brand
- Kuehne & Nagel to manage Bosch site in Poland
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| JUNE 5, 2006 |
- Jakarta may buy back JICT and TPS
Indonesia is considering buying back shares in Jakarta International Container Terminal and Terminal Petikemas Surabaya from the current foreign investors as they have failed to expand the ports as promised.
- Last-minute effort to avert Chittagong surcharge
With feeder operators warning of a congestion surcharge at Chittagong Port from today, efforts by local representatives to avert the levy are continuing.
- TSA announces phased PSS
- Rail upgrade to boost Victorian exporters
- Li Shaode takes the reins at China Shipping Group
- Shanghai Port plans for Shanghai and Hong Kong IPO
- Tianjin Port raises further US$20.5m
- Petersburg terminals continue growth, despite category setbacks
- TWIC and mariners' credential to be debated in teleconference
- Indian authorities find cocaine in Maersk ship container
- NCC terminals continue double-digit growth for Russia
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| JUNE 5, 2006 |
- Off with a bang
Royal Bank of Scotland’s Yacht Club opener lunch plays host to star-studded line up of shipowners.
- Restis strikes again
The Restis Group and MISC are building 10 aframax products tankers, Victor Restis has just announced at his Posidonia party.
- Acergy takes on newbuilding
Former Stolt Offshore seals long-term charter for new heavy construction ship from Dofcon.
- Nenaco courts new owners
Shipowners are among those in talks to take an equity stake in Philippine ferry operator Nenaco or buy it outright.
- Costs hurt DryShips
George Economou’s bulker outfit sees first quarter revenues nearly double, but profits fall.
- BC Ferries workers face sack
Canadian owner’s staff risk chop if they don’t cooperate with probe into Queen of the North sinking.
- Deal of the Year result
Tsakos Energy Navigation’s $530m purchase of Western Petroleum’s products carriers narrowly pushes Quintana bulk carrier acquisition from Metrostar into second place.
- Tasmanian ferry axed
Australian state scraps struggling Spirit of Tasmania service to Sydney and puts ship up for sale.
- Minimal cleanup at Goa
A seaman is still missing from the broken-up Ocean Seraya, but managers say pollution is less than previously believed.
- BLT eyes Europe
Indonesian owner’s shareholders back plan to acquire tanker company for up to EUR 200m.
- Tallink caves in
Boycott hit Estonian ferry operator reaches deal with Finnish union to raise crew pay.
- Essar sells oil terminal
Indian shipowner rakes in $215m from sale of VLCC terminal and logistics company.
- Three in for SSA Marine
Carlyle, Macquarie and Babcock & Brown linked to bidding for largest US-owned ports operator.
- Trafalgar lifts GOC stake
Nearly 45% of Global Oceanic Carriers' stock is now controlled by hedge funds after latest share buy.
- Iran threatens Gulf tankers
Supreme leader Ayatollah Ali Khamenei says Iran will disrupt oil shipments if US attacks over nuclear programme.
- GE hits de-merger snag
Awkward customer holds up Great Eastern’s plan to spin off offshore operations.
- Incat cracks Japan
Australian fast ferry builder to supply pair of high-speed ro-pax vessels in breakthrough deal.
- Maersk to convert VLCC
Six-year-old Ellen Maersk to become FPSO as Danish behemoth signs SGD93m deal with Keppel.
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| JUNE 5, 2006 |
- CTSA to raise fuel surcharges, proceed with rate recovery program
- PIL, "K" Line to revamp Asia/Middle East loops
- Kelin retires as China Shipping president
- LNG fleet set to grow 50% by 2008
- Intermarine back in New Orleans headquarters
- Nyborg quits TORM
- IATA: 5.7% air freight growth after four months
- Continental Airlines' May cargo up 14.3%
- American's freight volumes up 1.8% in May
- SAS picks London ground handler
- Derailed CN train leaks fuel into river
- Virginia gets new rail chief
- Bridgestone Firestone to set up DC in Jacksonville
- Kuehne + Nagel to manage distribution center for Robert Bosch in Poland
- Pacific Sunwear to build DC near Kansas City
- RILA picks Hill aide as supply chain VP
- INTTRA links up with Russian forwarder
- Three corporations in hunt for SSA takeover
- Vancouver operator TSI switches to biodiesel
- Bentley name added to Port of Baltimore
- MPA extends port dues through 2008
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| JUNE 5, 2006 |
- Corpus Christi reopens after spill
Port operational after refineries' oil waste flows into harbour.
- Alfa Laval expands Chinese facility to begin separator assembly
Expansion of facility in China, clearly signals company's intention to serve the shipbuilding industry in Asia.
- Piraeus: Port expansion bodes well for bunkering
Piraeus recovering from decline in bunker sales, while future port growth should hold even more promise.
- Singapore: Ignition Point resumes operations
After re-establishing its lines of credit, Singapore supplier is in the market for cargo supply after starting up its barging operations.
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