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| JULY 26, 2006 |
Shipping News
- IMB warns of new piracy hotspots
GLOBAL pirate attacks on ships in the first half of 2006 were unchanged from the same period last year at 127 incidents as the International Maritime Bureau warned that while attacks in some areas declined, new high risk areas have emerged.
- All crewmen rescued from listing S'pore-flagged ship
THE US Coast Guard late on Monday rescued 23 crew members from a Singapore-flagged ship with a cargo of 5,000 cars, listing in choppy waters south of the Aleutian Islands.
- Oil tanker sinks off Iraq's coast after hitting wreck
A 20,000 metric-tonne oil tanker sank off Iraq's Persian Gulf Coast after hitting a wreck, two port agents said.
- Tanker rates may hit 5-month high on vessel shortage
Strait Talk
- Leave Law of the Sea alone
BACK in the mid-70s, as an undergraduate, I did a dissertation on the problems encountered in putting together a global regime controlling the use of the seas.
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| JULY 26, 2006 |
- OOIL mulls disposal of its Terminals Division
- TS Lines bolsters China-Japan services
- Shippers to pay port security charge in HK from mid-August
- Suitors line up for Panama Canal terminal project
- Emirates joins Hercules service
- Kuehne + Nagel's net earnings up 62pc in first half
- APL Logistics obtains Kaohsiung Free Trade Zone licence
- Cathay Pacific plans Hong Kong-Beijing freighter flights
- Continental generates Q2 net income of US$198m
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| JULY 26, 2006 |
- CMA CGM launches CIMEX to replace SuperGalex
- Major Asia maritime & logistics event slated for Sept. 11-12 at Kuala Lumpur
- Mercator Lines to buy 4-5 ships
- ESL to participate in Hercules service from Aug. 1
- Anti-dumping duty on rubber imposed
- SurSEZ inks deals with European zones
- Nafed gets 3 offers to import vanaspati
- 74.13 m tonnes iron ore exported to China in 2005-06
- Single-day bauxite ore unloading record set at Vizag Port
- Railway officials lend sympathetic ear to private containerised freight operators’ demands
- Bill on road transport proposes to raise liability cover for goods lost in transit
- Target Plus scheme eligibility criteria diluted to benefit smaller exporters
- Stage being set for multi-product SEZ at Gopalpur
- Centre may allow Japanese SMEs to set up city clusters
- IMC's centenary celebrations
- Kamal Nath meeting with EPC heads tomorrow
- President Kalam extol's IMC's pivotal role in economic growth
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| JULY 25, 2006 |
- Pirates kill six seafarers in first half of year
- Emirates joins Hercules
- Frontline orders suezmaxes
- Evergreen in Hanjin slot-charter deals
- K Line’s new ME-Asia service
- DOF orders at Aker
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| JULY 25, 2006 |
- Massachusetts spill law unconstitutional
- VT Halter gets tank barge order
- Foss completes Sakhalin sealift
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| JULY 26, 2006 |
- Race to save MOL’s Cougar Ace as hope fades for salvage efforts
US COAST Guard helicopters have safely airlifted all 23 crew from the stricken car carrier Cougar Ace, listing heavily south of Alaska.
- $75m bill looms for car carrier
ANOTHER huge bill is looming for insurers if the 4,813 vehicles on board the Cougar Ace are lost or badly damaged, writes James Brewer.
- Shipowners ‘denied’ say over EU box security plans
THE European Commission ordered industry representatives out of a meeting yesterday before they had a chance to debate controversial changes to the European Community Customs Code, designed to increase container security.
- Industry declares victory over Massachusetts oil spill laws
THE US government and the shipping industry have won an unqualified victory over the Commonwealth of Massachusetts after a federal judge struck down a state-level oil spill law ruled to be unconstitutional as it transgressed upon federal legal turf.
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| JULY 25, 2006 |
- Cougar crew rescued
JUNEAU 25 July - All 23 crew members of the MOL-operated car-carrier Cougar Ace were safely evacuated by the US Coast Guard this morning
- Shipping's WTO hopes sink
WTO formally suspended Doha Round negotiations yesterday, dealing a serious blow to hoped-for hikes in bulk agricultural shipping from freer global commerce
- Rail gains from Volgotanker's cargo loss
AT least 5M tonnes of Russian petrol exports, carried in 2005 by Volgotanker, are being shipped to port this year by railcars and smaller rivals of Volgotanker
- OOIL likely to sell terminals
ORIENT Overseas (International) Ltd has indicated that it may dispose of its terminal assets in North America and Taiwan
- Jamaica installs new CCTV
JAMAICA is updating its port security with the installation of a "state of the art" closed-circuit television system to replace the system already in place
- Shore-side industry depends on seafarers
THE UK will not have a shore-side maritime industry within a generation unless the decline in British seafarer numbers is reversed, the UK transport minister has warned
- MISC signs LNG vessel charters
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| JULY 25, 2006 |
- No back-up from ILA box scanner order
No congestion at Port of New York-New Jersey, but terminals expect scanning to take longer, cost more after union order.
- Hearing for Marad nominee
- LA port gets EPA air grant
- OOIL to sell terminals unit
- UPS warns of weaker Q3
- Eller loses DP World challenge
- Evergreen charters slots on Asia-East Coast service
- DP World to double Vancouver terminal capacity
- Car-carrier crew rescued
- Customs extends ACE truck manifest to NY ports
- Record quarter for BNSF
- Intermodal gains for CP
- ProLogis in $250M Mexico plan
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| JULY 25, 2006 |
- OOIL seeks buyers for four N. American terminals
Hong Kong-listed Orient Overseas International Limited, the parent company of OOCL, announced today it intended to dispose its terminal division, consisting of four terminals in Canada and the US.
- South Africa cancels its scanning tender at the eleventh hour
The South African tax and customs authority has decided at the eleventh hour to cancel a R1.5bn (US$213.12m) container scanning tender and to restart the process in a different form.
- JICT workers back HPH
- DKSH intends to use all means to grow its volumes
- Brazil development bank backs northeast rail
- WTO talks to be suspended
- Mundra seeks free port status
- Evergreen agrees slot-charters with Hanjin on two trade lanes
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| JULY 25, 2006 |
- OMI shines
Stamford owner beats analyst estimates by a dime while improving year-over-year revenue by 23% in 'best' second quarter ever.
- One broken ankle
That may be the extent of damage report as Coast Guard snatches 23 crew from toppled Cougar Ace amid little sign of pollution.
- Supremely rejected
Stolt-Nielsen has lost an emergency appeal to US Supreme Court Justice David Souter and faces imminent indictment by US grand jury.
- ONGC presses ahead
Despite losing partner PSA Marine, Indian oil explorer will still team with SCI to form offshore shipping joint venture.
- US Slipping
Moody's downgrades Jones Act tanker owner US Shipping for getting too frisky with huge newbuilding project at Nassco.
- Shots fired at Turkish ferry
Israeli forces reportedly fire warning shots at ferry arriving in Beirut to evacuate Australian citizens.
- Samudera takes newbuilding
Three-year charter between China and India already underway for 11,420-dwt chemical tanker from STX Shipbuilding.
- Tata talks to NYK
Indian steel producer negotiating over joint venture transport and logistics company with Japanese giant.
- SSC loses wind from sales
First-quarter profit plunges at Singapore Shipping Corp as gains on vessel disposals blow cold.
- STX seals Aktif order
Turkish owner signs for three aframaxes at Korean yard in its first tanker newbuilding deal.
- Five found on boxship off US
Five would-be illegal immigrants face a swift return to Colombia after discovery off Hollywood.
- Goltens grabs Hanjin Shipping
Korean boxship owner signs exclusive engine repair and service deal with Norwegian group.
- Drunks cut lifeboat free
UK coastguard recovers 39-man craft chucked off Stena Adventurer ferry into Irish Sea.
- BSC tanker fate in balance
Bangladesh minister must decide whether to repair or scrap ship that caught fire last month.
- Tanker sinks off Iraq
One third of ship’s oil cargo said to have leaked as tanker hits submerged vessel in channel of Khor al Zubair.
- OOIL eyes terminal sale
Hong Kong liner firm considering disposal of North American terminals after strategic review.
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| JULY 25, 2006 |
- Crew of MOL auto carrier rescued in Alaskan waters
- Containership stolen in Namibia
- NYK gets charter contract with Taiwan Power Co.
- UPS’ profit up 8% in second quarter
- UAE’s Etihad Airways to start daily New York service
- GE promotes Schitter
- Express delivery industry frustrated by failed trade talks
- FMI International opens Charleston facility
- Ryder to expand services for Imperial Tobacco Canada
- Bolte Jr. takes on CEO role at BDP
- Isaacs resigns as NCBFAA counsel
- Simon Group preparing offer for DP World's U.S. assets
- Judge dismisses DP World portions of Eller lawsuit
- OOCL parent considers sale of terminals division
- Port of Long Beach budget includes 15% spending increase
- PierPass celebrates anniversary
- Houston increases port security fees
- EPA gives L.A. pollution monitoring grant
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| JULY 25, 2006 |
- New barge launched in Colombia
Expanded Buenaventura service now up and running.
- US ports extend public comment period for emissions plan
Deadline for comment on ambitious plan to cut emissions from ships and other port activities extended by a month.
- Port of LA receives EPA grant to monitor air quality
The busiest container port in the US receives federal grant to support ongoing air quality monitoring programme.
- Israel-Lebanon conflict hits Cyprus bunker supply
Extra demand from navy vessels and closure of Israeli resupply port drains availability.
- Pipeline terminus and refinery for Fujairah
Tanker calls at Fujairah likely to increase with pipeline and refinery deals signed last week.
- Rotterdam market firms Tuesday morning
- SK Corp posts lower Q2 profit, weaker bunker sales
SK's Q2 profit down 22% despite solid refining performance, bunker segment reporting decline in sales.
- Slight slip predicted in OPEC's July output
Supply from Saudi Arabia has yet to rebound after April production cut.
- Singapore prices rebound after week-long retreat
Bunker market strong in supplies, crude gains trigger bunker price rebound.
- Halifax harbour bunker spill caused by tank corrosion
New facts emerge regarding spill, ship's crew praised for swift action.
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