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| OCTOBER 1, 2002 |
Shipping News
- Asian owners' input in crew wage talks welcome: ITF
THE International Transport Workers' Federation has welcomed moves by Asian shipowners to increase their input in crew wage negotiations by forming an Asian Seafarers Employers Group .
- Pirates attack oil tanker near S'pore Straits
- US West Coast ports shut down for second time
- Lua Cheng Eng inducted into Asian Shipping Hall of Fame
- Decision soon on who to audit Liberian register's revenue
- US port officials reject privatisation
- Growth of Hutchison ports depends on world economy
Air and Land Transport
- China Airlines set to opt for Boeing 747s over Airbus
TAIWAN's China Airlines yesterday looked like throwing a life-line to Boeing Co's flagging 747 production line, saying it was inclined to buy the Seattle company's big jets to replace its long-haul fleet.
- Climbing oil prices could raise JAL's costs by 24b yen
- New China company to build regional aircraft
- Thai airport firm to market 30% of share sale overseas
- Japan's Skymark set to turn in first-ever profit next year
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| SEPTEMBER 30, 2002 |
- Delta loss and 1,500 job cuts
Delta Air Lines warned that its third-quarter losses would be worse than expected, and said it could cut up to 1,500 flight attendant jobs.
- FFE to improve aviation security
Freight Forward Europe (FFE) has been engaged for several months to develop and implement unilateral security standards on airfreight traffic.
- Lufthansa with 'positive employment record'
Presenting Lufthansa's record on employment in Frankfurt today, Stefan Lauer, Chief Executive Human Resources, said the report showed that Lufthansa had proved a reliable and steadfast employer, especially in the aftermath of 11 September 2001.
- China Airlines expects record cargo revenue
Taiwan's China Airlines (CAL) expects record high cargo revenues this year as it took delivery of a new Boeing 747-400 freighter.
- US West Coast dispute worse
All 29 ports on the West Coast of the United States shut down indefinitely after a fragile peace between shippers and a trade union broke down, paralyzing maritime trade.
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| OCTOBER 1, 2002 |
- MoS prepares for conversion of TAMP into appellate tribunal - State-governed ports come under its purview
- GAC, Adsteam join hands to boost global port agency services
- P. K. Srivastava re-elected INSA President
- Goyal re-dedicates Samiyani lighthouse to the nation
- USDA report sees Indian carabeef export surging
- SMEs yet to tap funds available for exports: Minister
- Govt efforts have led to export growth: Patodia
- Synthetic textile exports register 26 pc growth
- KDWP signs 3-year deal for ship-to-ship lighterage operations with IOC
- Pipavav Port Users’ Association formed
- GMR group may take stake in Dhamra port project
- Truckers oppose move to impose fresh levy
- Forex reserves down by $ 45 million to $ 62,021 million
- Scrap Textile Committee Cess on export production-FAITMA
- Woollens EPC to be bifurcated
- DGFT clarification on DEPB
- ESC sets up 3 panels to boost IT exports
- Jaswant Singh dispels apprehensions of slowdown in disinvestment process
- Indo-Asean Business Summit on Oct. 17-18
- Hamriyah Free Zone seminar today
- IMC urges govt to take proactive view of industry
- Inflation rate moves up to 4.03 pc
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| SEPTEMBER 30, 2002 |
- USWC ports "shut down indefinitely" in labour dispute
- Daily Bunker market report from Praxis Energy Agents
- Crude firmer as new hurricane heads for US Gulf Coast
- Singapore: More bunker corruption charges expected
- Crude loses early gains after report of increased OPEC quota cheating
- Singapore opens week with minor gains
- Rotterdam opens firm then eases at midday
- Bizarre Lukoil chief kidnap case still shrouded in mystery
- Daily Bunker market report from Praxis Energy Agents (Friday)
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| SEPTEMBER 30, 2002 |
- P&O Nedlloyd to acquire stake in Korean container terminal
- Atlas Line holds its third worldwide conference
- DHL invests in North America
- Unique Logistics International extends its Asian network
- Rail Freight Group: New piggyback intermodal equipment for Lafarge cement service launched
- KLM Cargo wins award for quality of electronic customer messaging
- IRU Academy accredits five new organisations, but drops one
- Safmarine serves São Tomé
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| SEPTEMBER 30, 2002 |
- Pacific Maritime Asscociation shuts down West Coast ports
- Washington governor calls for end to West Coast lockouts
- Companies come together to develop locomotive fuel saver
- US Department of Transportation updates commercial vehicle performance rules
- UPS completes expansion of Louisville hub facility
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| SEPTEMBER 30, 2002 |
- Kigali's Export Route Could Be 'Shortened'
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| OCTOBER 1, 2002 |
- MCA unveils new emergency towing vessel
Britain’s Maritime and Coastguard yesterday welcomed into service its new emergency towing vessel, Anglian Princess, right, writes David Osler.
- Ships pile up as west coast closure bites
HUNDREDS of cargo-laden ships remained stranded at major ports along the US west coast yesterday (Monday) after the Pacific Maritime Association locked workers out of terminals indefinitely.
- P&O Princess lets two vessel options slip
P&O P rincess Cruises yesterday let fall options it had on two Coral Princess-type cruise vessels with France’s Chantiers de l’Atlantique, but insisted that it was still interested in ordering vessels of the same type for the North American market in the future.
- Only 64 found alive as search for Joola survivors continues
ONLY 64 survivors had been rescued yesterday from the 1,034 believed aboard the Joola when the ferry capsized off Gambia, writes Katrin Berkenkopf in Cologne.
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| SEPTEMBER 30, 2002 |
- Panagis Zissimatos
- Kolkata bids for more boxes
- Durban in business during strike
- Sara cargo 'not weapons material'
- Rubino salvage extends to November
- MCA receives ISO certification
- USWC ports closed indefinitely
- Majors line up for Qasim contract
- TACA members pass on Canal hike
- Canada needs regional port network
- Japan opposed to cabotage review
- SSW quiet on vessel contracts
- War 'disaster' for VLCC owners
- Indian ports could set own tariffs
- France to adopt tonnage tax
- IMO 'needs to reinvent itself'
- Senegal mourns thousand dead
- Australian crew to be brought back
- No progress in Dubai tragedy probe
- Korea prepares to take on EU
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| SEPTEMBER 30, 2002 |
- All packed up and no place to go
The shutdown of West Coast ports that began Sunday is creating a ripple effect throughout the nation's supply chain that threatens the delivery of merchandise to retailers in time for the holiday shopping season.
- Eskew: 'Supply chain' obsolete
- Port of NY/NJ joins security program
- Amendment dedicates ACE fees
- UPS completes $1B Louisville expansion
- DHL tabs Larson as U.S. sales VP
- Integres offers quotes, booking online
- New group for NY harbor truckers
- Kitty Hawk out of Chapter 11
- Land to head NTE sales
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| OCTOBER 1, 2002 |
- USA: les ports de la côte ouest fermés par un lock-out
Les ports américains de la côte ouest étaient placés ce lundi matin sous le régime du “lock-out”, c’est-à-dire que les opérateurs des terminaux avaient fermé leurs installations, que les dockers en étaient exclus et partant, c’était l’inactivité totale avec des navires à quai partiellement traités, tandis que d’autres étaient en attente. L’organisation patronale parlait d’une fermeture à durée indéterminée. Ce conflit s’est considérablement durci ces derniers jours et pourrait bien avoir des répercussions catastrophiques pour l’économie américaine. L’administration Bush suit la situation de très près, mais n’a pas encore manifesté l’intention d’intervenir.
- Les bateliers ne projettent pas d’actions musclées contre la navigation dominicale
Lors de la réunion organisée vendredi dernier par l’Union des Armateurs belges de Navigation fluviale et rhénane (VBR) à Anvers (voir LL 28/9), les bateliers présents ont fait savoir qu’ils ne sont pas partisans d’actions “musclées” - comme le blocage d’écluses et de voies d’eau - dans leur lutte contre la réintroduction de la navigation dominicale. Des actions “douces” sont par contre envisagées. C’est ce qu’annonce un communiqué de la VBR. De telles actions auront toutefois un impact très limité.
- La division “overseas” d’ABX Logistics va être centralisée à Singapour
Une nouvelle division “overseas” a été créée au sein d’ABX Logistics, qui regroupe les activités en Asie-Pacifique d’une part et en Amérique du Nord et latine de l’autre. Elle sera dirigée à partir du QG d’ABX à Singapour par Albert Zeitler. Cette information intervient au moment où la division logistique de la SNCB s’apprête à connaître une forte croissance des activités dans la région, et en Chine plus particulièrement, le gouvernement chinois lui ayant accordé une licence de NVOCC.
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| OCTOBER 1, 2002 |
- Ship sale boosts Incat's fortunes
Troubled Tassie yard step closer to concluding receivership after US Army charters ship.
- Weak Genmar stock continues falling
The bearish tanker shares dropped to new low of $6.15 on Monday.
- Containership firms incurring demurrage costs
West Coast port closure costs US economy about $1bn per day.
- Port authorities unaffected by operational shutdown
Stranded containerships at US West Coast ports will not go to alternative ports to unload and load cargoes.
- Ofers split the spoils
Billionaire brothers restructure business as they prepare to transfer fortune to heirs.
- Liberia picks independent auditor
Deloitte & Touche is to monitor expenditure of Liberian shipping revenues.
- Appeal court blow for P&O Princess
Death claim ruling highlights US passenger liability limitation problems.
- Fredriksen fortune fades
Shipping magnate sinks below Arne Wilhelmsen (right) in Norway's rich league.
- Port shutdown hurting A&B stock price
Alexander & Baldwin' share price falls on indefinite disruption in West Coast shipping operations.
- Korea to fight EU's allegation
Korean government and shipbuilders will carry out countermeasures during WTO arbitration.
- French yard dreams of fantasy island
Work worries spur bizarre proposal for 10,000 passenger floating city.
- Smit plans removal of boxes from Jolly Rubino
Helicopter will begin to lift containers from deck of Italian ro-ro later this week.
- Jolly Rubino salvage costs mount
Italian owner Ignazio Messina has put $1.75m of its own money into salvage and pollution prevention.
- Fredriksen buys Frontline again
Norwegian tanker king ploughs another $1m into quoted company.
- Korea shipping fund set for October kick off
New enterprise to attract private and corporate cash for shipping gets green light.
- Smyril Line boosts cargo service
Faroe Islands owner includes UK mainland port on North Atlantic route.
- SCI to be sold off by January
Long-running Indian privatisation should be wrapped up in "three to four months."
- Toll eyes Brambles' ships
Australian ports group reportedly interested in Bass Strait operations.
- Teh-Hu orders at Waigaoqiao
Hong Kong owner expands capesize fleet with newbuilding at China's new showcase shipyard.
- HMM loans come under scrutiny
Korea Development Bank's lending to Hyundai Merchant Marine is being questioned.
- Namura slumps on profits revision
Forecast of a dire financial performance for the remainder of the year sends share price southbound.
- Death toll mounts in Senegal ferry tragedy
Government says almost 1,000 people dead or missing after ro-ro Le Joola capsized off Africa.
- P&O Princess lets Chantiers options lapse
Merger target cruise line looks at other "attractive alternatives" for fleet expansion.
- Maersk moves more ships to US flag
US might be preparing for war against Iraq, but so too, by the look of it, is the Danish giant.
- US Pacific ports shut indefinitely
Longshoreman locked out until they agree to sign and extend lapsed contracts.
- Hyundai Mipo inks $280m tanker deals
Chemical tanker demand still strong as UK and Iranian shipowners order up to 11 ships.
- QM2 will go to the Olympics
Cunard and Athens organising committee finally agree charter for $800m flagship.
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