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| JANUARY 24, 2006 |
Shipping News
- Clemenceau controversy may doom shipbreaking in India
INDIA's struggling shipbreakers fear doom for their industry if tighter environmental laws are introduced in the wake of the controversy over an asbestos-laden French aircraft carrier.
- Shenzhen stays fourth busiest port in 2005
SHENZHEN handled a record number of containers in 2005, keeping its ranking as the world's fourth-busiest port, after rising trade increased cargo shipments through the southern Chinese city.
- Patrick seeks to end Pacific National JV
AUSTRALIA's biggest port operator, Patrick Corp Ltd, said it would seek to break up its Pacific National rail business with Toll Holdings Ltd, saying the 50:50 joint venture had become 'dysfunctional'.
- QM2 passengers threatening sit-in
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| JANUARY 24, 2006 |
- P&O postpones stockholder meetings until February 15
- Efficiency the name of the game in 2005, says YICT
- Ecu-Line granted Cepa License for China
- Chittagong's 2005 cargo volume rise 18.33pc
- Singapore, Pakistan wrap up 2nd round of FTA talks
- Changchun to greatly expand transport network
- CN, BNSF embark on track and rail infrastructure sharing agreement
- Chengdu-Seoul-Brussels air freight service to start once talks end
- Tiger opts for Swissport as ground handler in Lion City
- Indonesia says no to overseas low-cost carriers
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| JANUARY 24, 2006 |
- Pollution boards, IMO to check asbestos level in Clemenceau
- Dubai-based ETA-Ascon plans to enter shipbuilding business
- Malacca Strait remains on Lloyd’s risk list
- Maritime complex to come up near Chennai
- Yang Ming Line launches new China-SE Asia service
- NYK Line establishes S. Africa, C/S America service hq.
- Hanjin adds Oakland to China-US service
- Singapore overtakes HK to become world’s busiest container port
- Massive N.J. port project proposed
- CMA CGM aims for 1-m TEU throughput in Westport this year
- BW Shipping obtains ISO 14000 certification
- Maurice Storey appointed Hon. Chairman of Hatsu Marine
- ‘Target Plus’ scheme faces the axe
- Apparel exports to EU up by 1 pc in 2005
- Salt exporters eye saarc countries
- Govt may impose cap on pepper imports
- Ireland plans to open trade office in Mumbai soon
- Import containers, bunkering for coastal vessels & ship spares may figure in duty relief list
- Proposed DEPB scheme replacement not WTO-compatible, avers Fieo
- TVCT crosses the magic lakh-TEU figure
- EU rejects law to throw open port services to competition
- P&O gives PSA more time to make formal offer
- NDR Group’s CWC (NS) L joins the JNPT family
- New captain takes charge at Cardinal Logistics’ helm
- Railway Ministry’s move catches Customs Department short-staffed
- 100 pc FDI may be allowed in greenfield airport projects
- Govt proposes to review pre-qualification guidelines of PPP projects in highway development
- Forex reserves up by $ 158 million to $ 1,39,510 million
- Double tax avoidance treaty with Saudi Arabia gets Cabinet clearance
- Forex reserves rise marginally
- Pan-Asia project development fund launched
- Exim Bank signs agreement with Russian bank on exports financing
- Higher credit and exemption limits for SSIs mooted
- Textile stamping rules may be modified
- Textile expo attracts buyers from 30 countries
- Modvat, Cenvat not different, rules SC
- World spices conference on Jan. 27
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| JANUARY 24, 2006 |
- Hapag-Lloyd Container Line expands management and organisation
- Ecu-LIne obtains CEPA license for China
- Change in ownership at Volga Dnepr
- Gebrüder Weiss to partner Omega in Greece
- Brenntag increases market presence in North Africa
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| JANUARY 23, 2006 |
- ShipServ sees transactions soar
- MCA launches ‘Coastal Futures’
- ‘Athos I’ spill blamed on anchor
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| JANUARY 23, 2006 |
- Navy detains suspected pirates
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| JANUARY 23, 2006 |
- Port of Seattle taking steps to end Sea-Tac environmental woes
- Port of Bellingham sets new slate of commission officers
- Seattle Coast Guard cutter making tracks to Antarctica
- Emergency teams respond to tug sinking in Duwamish Waterway
- Manzanillo terminal installing new Super Post-Panamax cranes
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| JANUARY 24, 2006 |
- QM2 deadlock continues as passengers threaten missed ports mutiny
PASSENGERS aboard Cunard flagship Queen Mary 2 are continuing to threaten to refuse to leave the ship when it reaches Rio de Janeiro, in a row over compensation for three lost port calls, writes Sandra Speares.
- USCG clears Tsakos over Athos I spill
THE US Coast Guard has absolved Tsakos Shipping & Trading of direct responsibility for the oil spill caused by the single-hull tanker Athos I in the Delaware River in November 2004, blaming the casualty on a submerged anchor of unknown origin.
- König & Cie to repay investors
König & Cie, the Hamburg financier caught up in the collapse of Great Western Steamship Co, has promised to repay investors.
- London pays £2m football injury claim
LLOYD’S and London company insurers are to pay a record £2m ($3.5m) to meet a personal injury claim by a UK footballer, writes James Brewer.
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| JANUARY 23, 2006 |
- QM2 passengers threaten revolt
DISGRUNTLED passengers aboard Cunard Line’s Queen Mary 2 are reportedly threatening a ‘sit in’ to protest against the reduced port calls
- India, Bahamas co-operate on cruise
INDIA and the Bahamas are to explore possibilities for co-operation in cruise shipping and the employment of Indian seafarers on Bahamas flag-ships
- Caribbean terminal back in business
HEAVY swell conditions at the oil terminal on the Netherlands Antilles island of St Eustatius have relented, allowing shipping operations to resume
- MOU campaign reveals safety failings
LIFE saving appliances, fire protection systems and unsatisfactory passage plans were the three concerns highlighted by an inspection campaign undertaken by Tokyo MOU
- Woodside to reveal California site
- Patrick to end rail venture with Toll
- MISC, Samsung yards target LNGs
- Seafarers' home is cultural bridge
- PSA given more time for P&O bid
- Gunmen holding crew for ransom
- 'Pirates' captured after chase
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| JANUARY 23, 2006 |
- P&O takeover battle looms
Singapore's PSA International could open multi-billion dollar bidding battle with DP World for P&O as early as this week.
- NOL volumes fall
- EU not blocking trade deal: Mandelson
- Strong year for Montreal boxes
- Panel proposes highway-use tax
- Report: Errors caused APL grounding
- Impressive intermodal gains for U.S.railroads
- United bankruptcy exit approved
- Eller forms Fla. services unit
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| JANUARY 23, 2006 |
- Updated: PSA talk Turkey as global port competition intensifies
PSA International’s position in Turkey could be decided within the next 10 days to a month as the situation regarding Mersin and Iskenderun ports becomes clearer.
- Toll hasn’t given up on Patrick
Toll Holdings is back in ‘intensive discussions’ with the Australian Competition and Consumer Commission over its bid for rival Patrick, and has extended its takeover offer again, until February 13.
- Japan leads Asian nations in accusing Brussels of being ‘one-sided’
- Rumours fly over China Merchants’ possible takeover of Sinotrans
- With Brussels set to veto Maut-tax refund, Berlin backs out of court clash
- Kerala government seeks political clearance for Vizhinjam project
- Future of Toll/Patrick JV looking shaky
- Canadian Pacific Railway maps 24-hour intermodal terminal
- Vladivostok strengthens position as ‘Lord of the East’
- Malacca Strait remains on underwriters’ risk list
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| JANUARY 23, 2006 |
- Davie ‘to be liquidated’
Quebec shipyard Industries Davie is said to be set for liquidation and dismantling.
- ‘It all happened so fast...’
Deposed testimony on the Christmas Day grounding of the still-beached APL Panama has come to light.
- Adventurer foreclosed
Washington Mutual Bank has foreclosed its mortgage on Glacier Bay’s expedition cruiseship Wilderness Adventurer.
- BHP takes Clio
Simeon Palios-controlled Diana Shipping has locked in another time charter at a premium to Baltic Exchange routes.
- Is the loan bonanza over?
Moore Stephens warns it is now or never to take advantage of "cheapest shipfinance in history".
- Mutiny on the QM2?
Passengers threaten to stage sit-in on Cunard liner that missed Caribbean calls after prang in Florida.
- New head at Uljanik
Croatian tanker and vehicle-carrier specialist announces new president.
- DryShips in rate slide
Release of new employment details does little to improve slump in share price.
- Jinhui buys capesize
Hong Kong owner moves up the bulker size range as it strikes a $60m deal to buy the Mineral Shanghai from Bocimar.
- Danes move on India
Nordana joint venture becomes first to directly invest in domestic shipping company.
- Pirates captured off Somalia
Another incident of suspected piracy thwarted by US Navy in some of the most dangerous waters in the world.
- PSA holds firm
Singapore ports group keeps pressure on DP World in race to acquire UK ports and ferries company by maintaining previous share price offer.
- Havila returns to Leirvik
Norwegian offshore owner orders supply ship at domestic yard where it has two anchor-handlers under construction.
- Kawasaki and IHI to hike capacity
Ban on bridge construction sees Japanese yards convert facilities into maritime plants.
- Babcock goes unconditional
Australian group waives 90% acceptance level for takeover of UK company and presses on regardless.
- Short fix for GO Carriers
Global Oceanic Carriers panamax bulker GO Faith chartered out for 40 days for Pacific Ocean transit.
- Samsung targets shiprepair
Korean yard group teams up with MISC yard in Malaysia to service LNG carriers.
- SeaDrill back at Daewoo
John Fredriksen offshore drilling firm exercises option for second semi-sub at Korean yard.
- Hornbeck springs a leak
Discharge of petrol from US owner’s tank barge contained at New Haven.
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| JANUARY 23, 2006 |
- MSC starts Mexico/U.S. Gulf/East Coast to Med loop
- Tropical Shipping to start Canada/Port of Caucedo service
- U.S. Navy captures pirate vessel off East African coast
- Barge from tug "Valour" recovered; two crewmen still missing
- MISC subsidiary to establish LNG joint venture with Samsung Heavy Industries
- Pelser new executive director at South African Shippers' Council
- Bankruptcy court confirms UAL Corp.'s reorganization plan
- Asiana Cargo joins Cargo 2000
- FPS New Zealand awarded IATA accreditation
- YRC names Gast head of New Penn Motor Express
- USDA ramps up inspections after Japan finds improper beef shipment
- U.S., Mexico reach trade deal on cement
- GeoLogistics opens Chile office
- F.S. Mackenzie opens office in Germany
- Grand Alliance commits to 10 years at Virginia ports
- Port of Montreal cargo volumes rise in 2005
- Cocoa ship stranded in Red Hook, Brooklyn
- Eller establishes new Florida subsidiary
- Fraser River officials applaud decision on dredged sand
- HHLA selects Kalmar to help increase Burchardkai capacity
- Goodson named Port Canaveral chairman
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| JANUARY 23, 2006 |
- Bunker costs send Florida shipowner under
Great Western Steamship ceasing trans-Pacific operations citing bunker costs as a factor.
- Anchor caused Athos I spill: Coast Guard
Report blaming submerged anchor rather than operator error for 2004 Delaware River oil spill.
- GAC Group marks 50th anniversary with expansion forecast
Group president talks of huge potential for marine industries in four emerging economies.
- Emissions lobby group welcomes new Secretary-General
SEAaT (Shipping Emissions Abatement and Trading) says farewell to Lisa Dwyer and welcomes new Secretary-General Cor Nobel.
- Jiskoot announces new sulphur control software for blenders
Jiskoot says its new sulphur control software for fuel oil blenders will ensure bunker suppliers can blend MARPOL compliant fuels.
- Hong Kong: Suppliers to impose Lunar New Year surcharge
- Density irregularities spotted in low sulphur Singapore fuels
Alert goes out to DNVPS customers based on CP60-compliant bunker samples, highlighting various quality issues.
- Rotterdam: Bids/offers far apart at midday
- Bominflot Fujairah appoints Senior Trading Manager
- Busan New Port aims to be 'logistics hub'
South Korea has opened its Busan New Port which aims to become "a logistics hub for northeast Asia".
- Hong Kong clamps down on illicit marine diesel sales
The Hong Kong Customs and Excise Department has announced the effectiveness of its crackdown on sales of illicit marine diesel.
- Emissions initiative invites participation from Asian ports
Four east Asian ports have been invited to join a Pacific rim working group to look at ways of reducing ship emissions.
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