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- Info
Weekly Edition 18th February 2010
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Al Khaliq freed after US$3.1m ransom is paid
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SOMALI pirates have released Indianowned bulk carrier Al Khaliq after receipt of a US$3.1m ransom earlier this week, according to a statement from the European Union naval taskforce in the Gulf of Aden.
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Houston channel due to reopen
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A BODY believed to be that of the missing crew member from the tugboat JR Nichols has been recovered, the US Coast Guard said.
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On the job Soteria wins £5bn UK search and rescue deal
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BRITAIN has announced the winner of a £5bn (US$7.9bn) private-finance contract to run the UK search and rescue service.
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Crew joins list of Mariano Lauro claimants with wages lawsuit
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SIX Croatian seafarers from the arrested bulker Mariano Lauro, who find themselves abandoned in Tampa, Florida, have intervened in legal proceedings involving the ship and are claiming US$31,500 in wages unpaid since December.
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Three crew dead after 10-month piracy ordeal
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THREE crew members were reported to have died in a piracy incident involving the Taiwanese tuna boat Win Far 161, according to statements from Ecoterra’s Kenyan arm.
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Casualty Briefs - 18th February 2010
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Grain pain revealed
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WITH the Productivity Commission’s draft report on wheat exports due in a matter of weeks, submissions reveal rivalry and pointed criticism of the structure and administration of the grain supply chain since deregulation.
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Floating dock to give WA service advantage
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AN ADVANCED floating dock and transfer system was officially opened at the Australian Marine Complex (AMC) at Henderson in Western Australia last week.
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Unions seek damages over QR sell-off deals
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QUEENSLAND rail unions are taking legal action against the state government-owned QR for failing to consult workers over its privatisation plan.
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QR names Spall to head CRT Group
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QUEENSLAND Rail has appointed Richard Spall as the new general manager of its national transport and logistics subsidiary, CRT Group.
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Business calls for transfer of stimulus into infrastructure
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AUSTRALIA’S success in avoiding a recession has meant a recalibration of the government’s response was needed, according to the country’s peak business body.
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Europe-Australia box trade December jump
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CONTAINER volumes heading into Australia from Europe have rocketed 23.8% in the first positive sign for the troubled trade since 2007.
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Logistics of property means tight market now in sight
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AFTER more than 12 months deep in the doldrums, the logistics property market appears to be gearing up to take off again.
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SCT, Heinz happy with rail trial
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SCT LOGISTICS and Heinz are claiming early success on rail van trials between Melbourne and Brisbane.
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Airfreight gets $54m for security
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THE FEDERAL Government will commit more than a quarter of its $200m aviation security package to the aircargo supply chain.
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Coal pushes Gladstone to record export tonnage
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INCREASED coal exports have helped Gladstone port push to a record export mark in 2009.
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Asia Pacific agrees to focus on truck safety
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AUSTRALIA, Malaysia, Singapore, Thailand and New Zealand will work to fast-track truck technology initiatives and surmount logistics difficulties in Asia Pacific Economic Cooperation forum member states.
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‘Congestion’ brings extra ship for US West Coast run
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THE OCEANIA Vessel Sharing Agreement (OVSA) has cited worries about congestion in Australian ports as a reason for introducing an additional vessel to the Pacific South West string later this month.
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Prime not buyer of extra DBCT stake
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PRIME Infrastructure said it was not the new owner of the 2% stake in Dalrymple Bay Coal Terminal (DBCT) which Brookfield Asset Management recently sold.
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LAN ups the ante in Australian market
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SOUTH American airfreight might currently hold a modest profile in the Australian market but that could be about to change, with LAN Airlines building up for a local push.
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Galaxy secures Pacific Basin, Esperance deal
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THE PORT of Esperance will see more Pacific Basin bulkers call following the signing of a long-term deal with miner Galaxy.
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Boxship turned back after timber pest discovery
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MAERSK-chartered containership Tatiana Schulte has been refused permission to enter Australia after the discovery onboard of an exotic timber pest from New Zealand.
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Choking on after-burn of offshore campaign
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WHEN I read a quote by Australian Minerals and Metals Association’s chief executive, Steve Knott, in last week’s Lloyd’s List DCN on the offshore negotiations I nearly choked.
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ITF tackles Tonga ship over pay
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THE INTERNATIONAL Transport Workers Federation (ITF) has branded Tonga-flagged general cargoship Hakula as “little more than a flag-of-convenience vessel” over the pay rates for the Tongan component of her crew.
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Securing supply chain is key to coal’s missing link
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THE IMMINENT implementation of a new rail access system for the New South Wales Hunter Valley coal chain is a vital step forward to aligning the commercial arrangements with the growing demand for coal haulage capacity.
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Why an MBA has become a Ship master’s degree
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The global recession has boosted the number of seagoing professionals bolstering their career prospects with a distance learning course, reports ROGER HAILEY
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Inventory uncertainty keeps experts guessing
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SUPPLY chain experts are keeping a close eye on inventory levels to make sure that the push last year to cut stock does not lead to over-ordering in the coming months.
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Hapag-Lloyd faces year of challenges
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GERMAN container line Hapag-Lloyd is facing another year in the red despite benefiting from much stronger freight rates in recent weeks.
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Singapore sees box pick up
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SINGAPORE registered a resurgence in box volumes in January compared with a year earlier, but throughput was still down 14.5% compared with the peak month of July 2008, before the global financial crisis hit international trade.
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K Line turns to market for newbuilding funds
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JAPANESE shipping line Kawasaki Kisen Kaisha (K Line) saw its share price climb 2.3% to close at ¥305 on Monday after it announced plans to raise nearly ¥34.6bn (US$384.5m) in a new share offer mainly to finance its newbuilding program.
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Sector looks to gas for lift
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BREAKBULK proved to be tough for Skelton Sherborne last year with the specialist freight forwarder experiencing a considerable decline in heavy machinery.
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Heavy machinery weighs down outlook
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NUMBERS of heavy machinery imported in December slumped for a second consecutive month, the Skelton Sherborne Shipping Index showed.
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Cargo upturn gives hope for Wilh. Wilhelmsen
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AN INCREASE in cargo volumes in the last quarter of 2009 failed to offset poor market conditions during the rest of the year for Oslo-listed Wilh. Wilhelmsen Group.
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Iran set for maritime leadership
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Former minor league player is now dedicated to 10-year growth plan, reports RICHARD MEADE
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VLGC fleet is forecast to see 2011 recovery
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A MID-2011 recovery is forecast for the global fleet of very large gas carriers, after a catastrophic 15 months saw vessels idled and earnings well below operating costs over protracted periods.
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Floating storage hits new low as profits fall
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DWINDLING profitability has seen oil traders use fewer tankers for floating storage of crude and diesel with 119 deployed in January, down from November’s record of 149.
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Agency targets grain, dry cargo
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A NEW ship agency firm dedicated to the grain and dry cargo sector has been formed by US agricultural processor giant Archer Daniels Midland and Norton Lilly International.
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Brussels rewrites rules to boost Marco Polo take-up
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BRUSSELS has redefined modal shift so as to make its Marco Polo subsidy program more attractive to industry.
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Cancellations put brakes on containership growth
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CONTAINERSHIP delivery delays and cancellations, plus demolition, are having a huge impact on fleet projections, with annual capacity growth of little more than 5% now forecast for this year and next.
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Call for tougher stance on box misdeclarations
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CONTAINER lines and terminal operators should make an example of shippers who provide incorrect information about the weight of a container.
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Tankers facing heavy losses
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TANKER owners face annual losses of up to US$2m per vessel over the next five years as an oversupply of tonnage and low rates produce poorer cash flows.
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Hong Kong shippers warn lines over cost of soaring rates
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SHIPPERS in the Asia scrambling for outbound container space on boxships will “regain the upper hand” and remember the actions of “unscrupulous shipping lines” when the capacity shortage is over.
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EU takes next steps in logistics probe
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EUROPEAN logistics operators Panalpina, Kuehne+Nagel and a French subsidiary of DSV have received statements of objections from the European Commission over allegations of uncompetitive behaviour in the freight forwarding industry stretching back two years.
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Smooth Sailing
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Send your contributions to editorial@lldcn.com.au
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Security debate is on two fronts
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THE FEDERAL Government copped a lot of heat in 2009 for slowness to act on concerns about maritime security.
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