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| MARCH 13, 2006 |
Shipping News
- Lapses by private firms could allow terrorist attacks in US
LAPSES by private port operators, shipping lines or truck drivers could allow terrorists to smuggle weapons of mass destruction into the United States, according to a government review of security at American seaports.
- Toll gets nod for A$4.3b hostile bid for Patrick
TOLL Holdings Ltd, Australia's biggest freight company, has gained regulatory approval for its A$4.3 billion hostile takeover bid for Patrick Corp after agreeing to new conditions.
- M'sian police cripple pirate gangs in Malacca Strait: report
MALAYSIAN police have crippled four gangs of pirates preying on ships in the Malacca Strait in ongoing operations to maintain security in the waterway, local media said yesterday.
- HK port cargo throughput up 4%
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| MARCH 13, 2006 |
- Safmarine upgrades Safari service
- HMM to serve China-India trade
- 2005 `by far the best year' for RCL
- Maersk Line to raise BAF in April
- Macau's Ka-Ho box terminal to be upgraded
- Yangzhou to invest US$112m in port development
- CSI: Oman
- Coscon named Asia's `Best Ocean Carrier' again by forwarders
- UPS to install electronic flight bags in planes to help reduce fuel costs
- Menzies to acquire Aeroground
- DHL increases involvement with Formula One
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| MARCH 13, 2006 |
- It’s now CSAV NORASIA
- Let’s develop new ways to protect environment, exhorts Evergreen Group official
- Mercator Lines Board to meet on March 16 for pref share dividends
- Oughtred & Harrison signs pact with Consolidated Shipping Line
- Mango exports to US set to resume
- Trade seeks separate export body
- Saumitra Chaudhuri head panel to review drawback rates, expand coverage
- Russian steel giant sizes up Paradip Port for export, import needs
- Handloom export sector yet to benefit from quota abolition
- Spices exports cross target in January
- Experts see huge export potential for technical textiles
- Baalu explains policy on awarding dredging contracts
- KoPT officials apprise Plan panel advisor of Port’s development needs
- GMB roping in private investors for slew of port projects
- Seminar highlights Vizag Port’s competitive edge as key gateway to/from East Asia
- Cargo handling at Haldia Dock Complex leaps to new record in 11 months of 2005-06
- CONCOR presents dividend cheque to Rly Minister
- TCI expects Rs 1,000 cr. turnover in 2005-06
- ONGC’s CMD Subir Raha heads Mangalore SEZ Co.
- Products to be taken off reserved list being identified
- Maharashtra to introduce SEZ Bill in Budget session
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| MARCH 10, 2006 |
- Japan Airlines Group appoints new CEO designate
- German fleet exceeds 50 million GRT mark for the first time
- Emirates inaugurated service to Hamburg
- Trimodal terminal in Nuremburg under starter's orders
- Geodis posts healthy figures for 2005
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| MARCH 13, 2006 |
- UK cuts light dues but charges ships in ballast
- V.Ships buys consultancy firm
- Safmarine boosts Safari service
- LR opens new Greek training centre
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| MARCH 10, 2006 |
- Another Dubai deal draws media attention
- New CEO at Golar Management
- V.Ships buys UMC International
- Act demands all containers be scanned
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| MARCH 10, 2006 |
- UTI Worldwide buys Portland-based Market Industries
- US rail freight traffic up and down in February
- Port of Portland taps Schwartz as noise management manager
- Northwind Marine builds boats for fire fighting duty in Iraq
- Corps sets pair of contracts for work on Columbia mouth jettys
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| MARCH 13, 2006 |
- Free at last! APL Panama leaves the beach
FREEDOM must have never tasted so wet to the German owners of the containership APL Panama, as the vessel floated free on Friday, 76 days after being stranded atop a sandy mess off Ensenada.
- DP World concedes defeat in battle for US ports
DUBAI’S DP World has buckled under the weight of political pressure for control of P&O’s US terminals, with details awaited on its pledge to put them under a US company.
- Cyprus issues alert after finding ‘bogus’ Georgian seafarer papers
INSPECTORS in Cyprus have urged port state authorities to beware Georgian seafarer’s papers after catching a ship with an entire team of officers armed with allegedly bogus qualifications.
- UK dims light dues payments for vessels
LIGHT dues for merchant vessels in UK waters will be reduced from 39p to 35p per tonne, Minister of State for Transport Stephen Ladyman announced on Friday, writes David Osler.
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| MARCH 10, 2006 |
- APL Panama finally freed
AFTER 75 days, the APL Panama was freed from the shallows off Ensenada, Mexico on Friday with the cargo consisting mainly of electronic components reported to be intact
- Port/rail interface needs overhaul
RAIL movements in and out of container ports could be increased exponentially through a reconfiguration of terminal layouts, according to a leading German transport consultancy
- Smuggling ship to be scuttled
AUSTRALIA'S federal police chief has revealed that the North Korean ship used to smuggle a massive heroin shipment into Australia will be destroyed
- Odense Shipyard MD resigns
ODENSE Shipyard, the AP Møller subsidiary, has been hit by the resignation of managing director Torben Anker Sørensen
- CalMac preferred bidder for N Isles
CALMAC has been chosen as the preferred bidder for the Northern Isles route by the Scottish executive
- Washington deluged by security bills
- Doubts grow over maritime co-ordinator
- Russian yards seek government help
- Gdansk Shipyard sale gathers pace
- AWB scandal drags in BHP Billiton
- V.Ships adds underwater specialist
- DPW to give up US assets
- PSA rules out Indian tie-up
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| MARCH 10, 2006 |
- Lawmakers want details of DP World plan
Dubai's decision to transfer U.S. terminals quells some criticism, but lawmakers say they want to know more before approving DP World's plan.
- Delay for U.S.-UAE talks
- PierPass to raise peak fees
- CG nominee Allen wants closer ties with DHS
- "K" Line eyes $900M profit by 2010
- Export ABCs: Confidential export data
- No change for TACA fees
- New cranes for N.J. terminal
- Profit dip for OOCL parent
- Rates fuel Trailer Bridge net
- Norasia now CSAV Norasia
- New Maersk shipyard chief
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| MARCH 10, 2006 |
- OOIL reports growth in 2005 though expects excess tonnage growth in 2006
OOCL's parent, Oriental Overseas International recorded volume and profit growth for both container transport and terminal business for 2005, but expects a demand-supply imbalance in the seafreight market this year.
- Bush Administration fights politics away from Dubai deal
President George’s Bush’s administration has been battling to satisfy all critics in a situation which includes Congress-representatives behaving hawkishly on national security, and potentially disturbed investors.
- US Customs add 43rd CSI port, as ‘scan everything’ legislation comes up
- DP World to divest itself of US operations, to defuse US controversy
- Tecon Rio Grande to invest US$30m
- One-quarter stake in TransContainer could be sold off from H2 2007
- JM Baxi diversifies with rail demonopolisation
- Two newcomers at Gwangyang: Maersk and Koyo
- More Maersk Line services to call at Shekou
- Clarification: China Shipping to deploy mega-ships on Asia/Europe trade
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| MARCH 10, 2006 |
- Dubai hysteria prevails?
Was opposition to Dubai’s ownership of a company that operates US container terminals rational concern about port security or political piffle? Have your say in TradeWinds latest poll.
- Panama pulled free
Hansa Mare-controlled containership aground off Mexico since Christmas Day is finally refloated.
- Matson ups fuel surcharge
Rising fuel prices prompt US-to-Hawaii container line to raise fuel surcharges by another 3.5%.
- Per-fect timing?
Banker says large field likely to explore Heidmar buy including shipowners attracted by cash-churning pools.
- Heidenreich explores sale
Founder Per Heidenreich tells Heidmar staff he has asked investment bank Lazard to help evaluate sale of group, a world leader in pools and landmark Connecticut company.
- Ferry crashes in Southampton
Dock damaged in ro-ro collision causing a pile-up of cars and angry passengers.
- Odense chief departs
Former airline boss Torben Anker Sorensen lasts less than two years running AP Moller – Maersk shipyard.
- Smith confirmed as Golar chief
Shell's shipping man signs 2005 charter deal with Fredriksen's gas firm - then joins the company.
- One feared drowned off Egypt
Maltese-flagged cargo ship sinks near Port Said with reports of one dead and four injured.
- Fidelity stays above 5
Major US institutional investor has been trimming Stolt holding but retains 3.4m shares.
- V.Ships grabs UMC
Ship management group builds marine services activities with consultancy buy.
- Odfjell undervalued?
Chemical carrier owner quietly starts stock repurchases after new price dip.
- Fosen warns on ferries
Norwegian owner predicts doom for coastal operators in climate of aggressive price competition.
- OOCL droops
Costly bunkers force profits down for first time in three years at Hong Kong containership operator.
- Bunker fees fuel fears
K-Line sees soaring fuel costs and stronger home currency biting its bottom line next year.
- Croatian yards need $1bn
Government has its eyes on EU cash to modernise five shipbuilders in bid to compete globally.
- Mols-Linien slips back
Danish ferry owner grows revenues in 2005, but profits fall across the board.
- Will that be cash or charge?
22-year-old twin sisters Kathrine and Cecilie Fredriksen have ordered four option four 12,800-dwt products-chemical tankers for their dad.
- Courage adds handymax
Taiwanese controlled operator picks up ex-Franser Shipping bulker to lift fleet to eleven ships.
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| MARCH 10, 2006 |
- OOCL's parent company profits down 2.9% in 2005
- "K" Line sets higher profit targets
- Norasia changes name to CSAV NORASIA
- OMI announces vessel charter and sales
- Tropical Shipping starting new demurrage schedule in Caribbean
- A.P. Moller subsidiary to stop production of reefers in Denmark
- Reilly takes helm of U.S. Military Sealift Command
- BIMCO examines criminalization of seafarers
- Lufthansa will assist air cargo antitrust probe
- Canadian government maintains safety requirements on CN
- Con-Way names Boles director-linehaul for CSE
- U.S. free trade agreements hurting Canadian farmers, says coalition
- Argentina hopes six-month beef export suspension helps fight inflation
- EGL's net income up 14% in 2005
- GAO finds U.S. military wastes reusable RFID tags
- Renewed Patriot Act includes cargo theft category
- Terpstra, Yost fill USDA trade posts
- Penske Logistics names Franz to head South American operations
- SSA Global acquires Provia Software
- Questions remain about DP World stake in U.S. ports
- DP World gives up on U.S. terminals
- SSA Marine reports record revenue
- California air regulators seek input on cold-ironing
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| MARCH 10, 2006 |
- Aker interest in Gdansk Shipyard
Kjell Inge Røkke’s Norwegian holding company Aker wants to take over the Gdansk Shipyard, the birthplace of the Solidarity when ...
- Maersk closes Danish container production
Maersk Container Industry (MCI) has decided so close the production of reefer containers at its factory at Tinglev in Southern ...
- DP World sale offer not enough
Dubai-based DP World has offered to sell the P&O operated terminals in US ports to an American company ...
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| MARCH 10, 2006 |
- Shipping lines fear fuel factor as forecasts retreat
Asian shipping lines are forecasting a tough year ahead, with many lowering their forecasts for the coming year amid fears of high fuel prices and lower freight rates.
- Sino Union representative returns to China
- Rotterdam: New Vitol terminal ready for mid-March
Vitol's brand new Europoort fuel oil terminal means extra capacity for Europe's leading bunker port.
- Vopak announces 2005 profits, outlines more growth
Global terminal giant reaps higher profits and forecasts continued earnings improvements in coming years.
- Vopak to host major biodiesel plant
Vopak Rotterdam site earmarked for biodiesel plant, a fuel which is slowly making inroads into the marine market.
- Rotterdam rebounds from a week of softness
- Bunker fuel pollutants down, survey shows
Bunker fuel pollution accounted for less of the spills recovered at sea in 2005, but total recovered pollutants were up by 19%.
- Singapore: Prices show signs of firming after extended soft run
Enquiry volumes reported healthy over the past two days on softer bunker prices up to and including Thursday.
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