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| MARCH 5, 2007 |
- Maersk prepares to raise rates on Asia to ECSA
- Wan Hai to offer shuttle service from HK to Japan
- XICT adds eight cranes to container operation
- Hamburg Sud makes its Trident Service weekly
- NOL urges Vietnam to build deepwater ports to boost growth
- Israel may invest US$6 billion in developing maritime sector over 50 years
- Okay Airways to launch first freight service to Beijing
- Silverjet branches out into air cargo market on London-NY business route
- Utilicraft Aerospace unveils its FF-1080-300 ER freighter
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| MARCH 5, 2007 |
- Maersk Line starting direct weekly US service ex-Chennai Port
- Invitational Golf Tournament 2007 hosted by Maersk
- Mormugao Port Trust obtains income-tax exempt status under sec. 12A as charitable institution
- Emirates SkyCargo rocks to Roger Waters’ band
- Explosive growth seen in 3PL market
- Gear up to handle surging volumes of farm goods, official tells warehousing sector
- LG Electronics inaugurates export warehouse near JNP
- Notification on 4 pc extra duty on IT products withdrawn
- RBI gives exporters more time to repatriate proceeds
- Romanian team meeting at WTC today
- Interactive meet on EU-India trade tomorrow
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| MARCH 2, 2007 |
- Former Matson president Mulholland dies
- U.S. Lines adds Oakland to trans-Pacific service
- Airbus puts temporary halt to A380F programme
- Transport on French waterways continues to grow
- Geodis remains successful
- Betuwe Route conference postponed
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| MARCH 2, 2007 |
- Lifeboat rules to be debated
- Hamburg Sud boosts Oz/NZ service
- Aker’s NKr4bn deal
- Seattle bunker spill contained
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| MARCH 2, 2007 |
- Horizon Lines reports record earnings
- Aker Oilfield orders well intervention vessels
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| MARCH 2, 2007 |
- Coast Guard presents findings on Bradwood Landing LNG terminal
- Past Matson President, Bradley Mulholland dies
- Corps closing Chittenden Locks for annual maintenance program
- Monthly steel figures show imports down 10 percent
- US rail freight totals roll to negative week
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| MARCH 2, 2007 |
- Tug owners back in the fold
TEN Italian towage companies that seceded from private ship owners’ association Confitarma a year ago came back into the organisation this week
- Ship sales offset fare, freight losses
PHILIPPINE domestic shipping operator Aboitiz Transport System’s sale of its prime assets more than offset a fall in cargo and passenger volumes in 2006
- Venezuela is now main drugs corridor
- Bullets found on Celebration
- Cold ironing excitement needs to cool down
- Search on for 44 missing Haitians
- Senate rejects 100% box scanning
- Stena in row over Dun Laoghaire charges
- Russian govt shipyard plan 'insane'
- Salvage plan for grounded bulker
- BC Ferries fits VDRs
- Full-scale SAR drill in Channel
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| MARCH 2, 2007 |
- EPA proposes tougher anti-pollution standards for locomotives, tugboats
Strict new rules seek to cut some emissions by 90 percent for particulate matter and 80 percent for nitrogen oxides
- Democrats cross party line to defeat scan-all
- Bill proposes California harbor safety panels
- Profit for Horizon Lines
- New York’s Red Hook terminal gets reprieve
- UPS cancels Airbus order
- U.S., EU make progress on ‘open-skies’ accord
- Evergreen launches latest Greenship box vessel
- LA port helps fund development of hybrid tug
- Chennai volume improves
- New California container fee bill in works
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| MARCH 2, 2007 |
- HHLA employees plan overtime ban in protest over stake sale
HHLA’s group work’s council has called for an indefinite overtime ban from March 12, unless the city shelves plans to sell a 49.9% stake.
- Rotterdam labour "interrupt" Smit strike
Unionised staff at Rotterdam Smit Harbour Towage have "interrupted" their strike, to give Smit "time to contemplate the dispute and to allow the port to recover from the 48-hour strike."
- Chinese shipyard prepares for US$600-800m IPO
- CSCL expects inland railway expansion to increase shipping volume
- Eurogate: more terminal-capacity still needed, despite "fluctuating" volumes
- HMM: Fleet expansion continues
- Hanjin to place US$170m crane order with Zhenhua
- Miscommunication hinders Indonesian exports to Australia
- Canadian freight forwarders attack carriers' Vancouver congestion surcharge
- New warehouses for port of Savannah
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| MARCH 2, 2007 |
- Dunya deal?
Brokers say Suay Umut's Dunya Denezcilik has sold a second double-hull, medium-range products tanker.
- Two sides to the story
One Greek owner has paid top dollar for a double-sided tanker as another looks at scrapping such ships.
- Scandlines boss walks
Peter Gronlund finally ran out of patience with the Danish-German tug-of-war over ferry owner Scandlines.
- Fat year for Horizon
Chuck Raymond-led Horizon Lines will continue putting its profits to paying down senior debt.
- Birka Line back in profit
Ship sales helped turn around 2005 loss last year for Finnish ferry owner.
- Arison takes a cut
Carnival chief has to scrape by on $8.67m after 2006 bonus shaved.
- DFDS expects more
Strong profit growth thanks to freight last year, but 2007 should be even better for Danish ferry group.
- Canada fines its own
A tanker in the Canadian Far North has been fined for an oil spill during unloading in 2004.
- Drummed out
Employers hail "common-sense" ruling in Filipino cruiseship band member’s compensation case.
- Jinhui buys again
Bulker owner Jinhui Shipping splashes out $40.5m on 2003-built supramax to take fleet to 13 units.
- Aker USA taps Mandel
Appointment of new head at American Shipping Corp underlines goal to become 'a premier Jones Act player'.
- Diana reveals grounding
Coronis incident will cost company $1.1m though insurers will pick up most of the bill.
- Stena in Ireland showdown
Ferry company in dispute with Irish harbour company about fees with threat to switch to Dublin port.
- Crew abandon Greek bulker
All 23 crew rescued and on way to Durban after vessel loses power in cyclone and drifts off Madagascar.
- Cheng Lie says yes
Taiwanese boxship owner is recommending takeover offer by France’s CMA CGM.
- MNP shifts shares
Russian yard group transfers big slice of shipbuilder NTS to affiliate Delta-Volga.
- Green light for Lenac
Creditors approve debt deal that will see Uljanik and Tankerska Plovidba take control of bankrupt Croatian yard.
- Navibulgar buys bulker
Bulgarian state shipowner adds 1996-built handysize to fleet ahead of privatisation.
- Bangladesh route back on
Domestic operator BIWTC resumes Chittagong run 14 months after a grounding halted the service.
- Aker builds for Aker
Aker Oilfield Services splashes $650m on four well-intervention ships at Norwegian yard group.
- Extra tonnage helps Algoma
Additions to the fleet boost annual revenues and profit at Canadian owner Algoma Central Corp.
- IHB on the slide
Owner of Bulgaria's Varna Shipyard struggled with higher costs in 2006.
- ZNC goes exclusive
Zhuhai New Century to become main supplier of coastal coal transportation for China’s Shenhua Group.
- World Fuel ends on a high
Marine and aviation bunker supplier reports massive jump in fourth quarter and full year profits.
- Navios fixes pair
Angeliki Frangou run bulker player finds better paying charters for two of its panamax ships.
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| MARCH 2, 2007 |
- Horizon Lines posts record 4th quarter, full year profits
- Seaspan reports $10.1 million 4th quarter profit
- IPBCC raising eastbound rates
- CTSA line's fuel recovery surcharges rise
- OOCL changes U.K. export demurrage terms
- GAL adds ships to multipurpose North America/Africa loop
- Evergreen names latest 7,024-TEU ship
- Intermarine moves into new Asian digs
- Coal ship aground in Chesapeake
- Mandel becomes CEO of Aker subsidiary
- UPS cancels order as Airbus suspends A380 freighter development
- Continental’s February cargo drops 3.3%
- Union Pacific sheds light on Mexican port involvement
- Dust-up over Soo Lock expansion
- Norfolk Southern lifts force majeure
- CSXT creates public sector liaison position
- Senate drops 100-percent inspection proposal
- Matson-J.B. Hunt move into guaranteed service
- U.S. House passes CFIUS reform bill
- USDA forecasts record $78 billion in ag exports for 2007
- Kuehne + Nagel’s European groupage network operational
- French Logistics Firm SDV acquires J.E. Bernard in U.K.
- W.P. Carey reaches deal with Fraikin Group
- Jacksonville port readies major land purchase
- Macquarie, Hochtief last standing in HHLA stake bid
- India identifies $285 million in port projects
- Eurogate sees 4% volumes rise in 2006
- Karnette legislation calls for public port committees
- Veritainer receives QATT approval for OPP II from DHS
- Southern California ports approve funds for hybrid Foss tug
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| MARCH 4, 2007 |
- Scandlines CEO quit his job in protest
Scandlines’ CEO Peter Grønlund has given notice for his resignation from the company as soon as possible. The official explanation ...
- Christer Ericsson into the Grenland Group
Companies controlled by Swedish investor Christer Ericsson now has 12 per cent in the Norwegian full-service engineering, procurement and ...
- Denmark might offer more on bridge deal
The Danish Government will not be afraid to take a larger economical responsibility for a bridge over the Fehmarn Belt ...
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| MARCH 2, 2007 |
- Little change for US bunkers at week's end, oil easing
- Fuel alert irks suppliers
Concerns that off-spec fuel by smaller players giving whole market a bad reputation.
- World Fuel Services sees massive profit jump
A healthy 60% increase in yearly numbers giving boost to company's fortunes.
- 'Alpha' marks first double-hull for ARA player
Another two double-hulled barges will be added to the company's fleet in 2008.
- Rotterdam market remains firm, congestion persist
- March fuel oil arbitrage shipments to Asia at 7-month high
Market expected to stay balanced despite high level of Western imports.
- Singapore falls short on supplies
Shortage of 380 cst fuel as traders await re-supply.
- Bunker bill dents profits
Two Asian shipping firms post lower 2006 net profits on higher bunker costs and lower freight rates.
- Distillate debate continues in Singapore
Bunkerworld speaks to three players from the shipping and bunkering industry on the impact of a 1% global sulphur cap.
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