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| DECEMBER 4, 2002 |
Shipping News
- Dredger ban may mean no more sand for reclamation
ONGOING dredger detentions and sand export bans by the Indonesian authorities are taking their toll on reclamation projects in Singapore with SembCorp Industries announcing its intention to call it quits on its $198.3 million Tuas View Extension contract.
- Hutchison gets go-ahead for big China project
- Spain expected to impose ban on single-hulled tankers
- APL launches Asia-C America feeder service via US West Coast
- Pertamina may award tender
Air and Land Transport
- United to delay repayment of US$920m of debt
United Airlines will delay repayment of US$920 million of debt as it waits for a federal loan guarantee that hinges in part on its mechanics accepting a new agreement on concessions reached with union leaders.
- Continental Air sells US$200m in debt
- EVA Air promotes vice-president to top post
- Macquarie Airports warns it may scrap Rome purchase
- Qantas rules out US alliance for now
- THAI to take earlier delivery of Boeing planes
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| DECEMBER 4, 2002 |
- HPH launches container security pilot programme
- HK's Q3 GDP grows at fastest rate in over two years
- ZPMC receives its biggest crane order yet from YICT
- APL begins new Central America/US feeder service
- PTP takes delivery of last two cranes for Phase 1
- CSX to open terminal in Dominican Republic
- HK Airport Authority extends airline discounts another year
- LanEcuador to join oneworld as affiliate member
- United, mechanics reach agreement on contract changes
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| DECEMBER 3, 2002 |
- Trans-Pacific surcharge extended
Shipping lines that carry U.S. imports from Asia (eastbound Pacific) have taken the unprecedented step of extending this year's $300 per 40-foot container peak season surcharge through Jan. 31, 2003.
- White paper 'European transport policy for 2010'
The European Parliament has adopted the white paper 'European transport policy for 2010'.
- British airports fees probably up
BAA Plc, the world's biggest airport operator, should be allowed to raise airline fees to help fund an 11-year, 8.1 billion pound, without changing the way the charges are calculated, said the UK Civil Aviation Authority (CAA).
- Motorola, FedEx team for PowerPad
Motorola and FedEx are working on a device for couriers that give them wireless access to the FedEx network for package tracking.
- Salvesen profit down
Christian Salvesen, the UK logistics group, saw pre-tax profit for the first half fall 22.8 per cent to £13.2m ($20m) before exceptional items on turnover that was up 4.8 per cent at £431m. Salvesen still expects to achieve analysts' underlying profit expectations for the full year to end-March 2003 of around 27 mln versus 29.2 mln last year.
- United Airlines delays debt repayment
United Airlines said it would use grace periods to delay several debt payments due today, including one for $375 million on aircraft-backed securities as the air carrier struggles to maintain cash and avoid filing for bankruptcy.
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| DECEMBER 4, 2002 |
- NMIS to hold convocation today
- Assocham, French body sign MoU
- Good scope seen for export of marine products
- SEZ declaration to make port-related projects more investor-friendly - Building Vallarpadam terminal to cost less
- KoPT slashes container charges
- Surge in seafood exports from Cochin Port
- Kolkata Dock System logs 20 pc growth
- Divestment, FDI boost remain high on Finance Minister’s agenda - Mid-year economic review projects 5.5 pc GDP growth
- SION tightened for sugar imports
- I-T exemption on borrowed capital will continue, assures Kelkar
- Rudy projects 13.5 pc growth in exports
- Assocham seeks export incentives for sugar
- EEPC draws up 3-pronged strategy to hit $ 10 bn export target
- Pharma cos, CII join hands to make India a clinical research destination
- 4 more AEZs in Punjab get clearance
- Govt to offer sops to Shell, Petronet LNG projects
- Centre gives Sea King the nod to set up Maha Mumbai SEZ
- Forex reserves put at $ 66.588 bn
- Auto trade seeks 16 pc duty on cars, MUVs
- Govt sets up special counters in metros to clear backlog of duty drawback claims
- IMC meet on capital goods sector on Dec. 6
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| DECEMBER 3, 2002 |
- UN's Annan praises Iraqi cooperation
- Panama: Good avails return, canal congested
- Jostling begins ahead of OPEC quota meeting
- API forecasts: More draws expected
- Prices soft to steady in most Baltic ports
- Oil firms on Venezuela, Iraq and a touch of frost
- Platts forces steep daytime rise in Fujairah
- Iraq oil-for-food renewal still problematic
- Venezuelan strike: PDVSA says oil flow little affected
- Demand trails off in the Great Belt
- MDO avails still a problem for some St Petersburg suppliers
- Daily Bunker market report from Praxis Energy Agents (Monday)
- Hong Kong numbers continue steady descent
- Spain: New rules for acceptance of vessels
- Venezuela: National labour strike extended
- Brazil bunker prices start December on soft note
- Rotterdam market moving up
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| DECEMBER 3, 2002 |
- Keel laying at Sturgeon Bay
Bay Shipbuilding Company, in Sturgeon Bay, Wisconsin, recently laid the keel the all-seasons ferry ARNI J. RICHTER.
- ABS issues latest update on Prestige
Preliminary comments on initiating damage
- EU moves towards rust bucket ban
The European Commission today named 66 ships that would already have been banned from European waters had new European marine safety rules been in place.
- Rigdon gives more details on those PSV's
Former Tidewater executive VP Larry Rigdon is releasing more details about his Rigdon Marine LLC and the boats he's building at Bender with financing from Groupe Bourbon.
- Horizon completes SBM service vessel
Largest and most sophisticated vessel built in Bayou La Batre
- Quick break for fast cat
HSV-X1 Joint Venture (Incat hull 050), the first of three vessels currently under lease to branches of the U.S. military, has enjoyed a well-earned, but brief, break at Bollinger's Morgan City yard, Louisiana.
- ChevronTexaco plans Gulf offshore LNG port
Files application to develop "Port Pelican."
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| DECEMBER 2, 2002 |
- KPA to Instal Cargo Tracking System
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| DECEMBER 4, 2002 |
- Brussels bid to strip away legal spill immunity
OIL tanker charterers, operators and other ‘key players’ could lose their legal immunity from spillage claims in new proposals from the European Commission.
- Leif Höegh to sue US Navy over submarine collision
INTERNATIONAL law firm Holland & Knight is pursuing the US Sixth Fleet for compensation on behalf of Norwegian shipping group Leif Höegh after a nuclear attack submarine collided with one of its gas tankers off Gibraltar last month.
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| DECEMBER 3, 2002 |
- Seetours interest in repair venture
- EC black list details
- Kolkata cuts rates for inland boxes
- Wind Song probably total loss
- Crew arrested after cocaine found
- Hurtigrute ship considered for sale
- EC proposes single hull tanker ban
- Rotterdam slams toxic gas report
- Lloyd Werft moves into Barcelona
- Euro safety agency meets tomorrow
- LUKoil ship sale needs sweetener
- 'No leaks' from Prestige wreck
- Kakinada boosts lighterage activity
- Textiles shift from Haifa to Aqaba
- Norsul invests in dedicated barges
- Pelepas adds largest box gantries
- US dollars for Philippines ports
- Korean ship exports might fall
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| DECEMBER 3, 2002 |
- Trans-Pacific surcharge extended
Shipping lines that carry U.S. imports from Asia have taken the unprecedented step of extending this year's $300 peak season surcharge through Jan. 31, 2003.
- Airborne sets rate increase
The express carrier follows rivals FedEx Corp. and United Parcel Service with rate hikes for 2003.
- Vancouver feeling West Coast pinch
U.S. congestion is delaying container traffic through the Canadian port.
- Court asked to stay Mexican truck access
- Deutsche Post buys DHL stake
- UPS Int'l. chief Wallace retires
- Nober confirmed as STB chairman
- FedEx gets CSA approval
- UTi Worldwide net rockets
- Bangladesh suspends cargo preference rule
- Exel wins Halliburton contract
- NY/NJ Forwarders & Brokers honor Kelly
- BNSF outsources locomotive maintenance
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| DECEMBER 4, 2002 |
- De Palacio veut bannir 66 “navires à risque” des eaux européennes
La Commission européenne a publié les noms de 49 vraquiers, 8 pétroliers, 8 transporteurs de produits chimiques et 1 navire à passagers, qui représentent un risque “très élevé, élevé ou moyen” d’accident en mer. Cette liste noire comprend 66 navires représentant 13 pavillons. Pas moins de 26 navires sous standards sur cette liste noire battent pavillon turque.
- Antwerp Shiprepair et Shipdock Amsterdam vont fusionner
Les entreprises de réparation navale Antwerp Shiprepair et Shipdock Amsterdam mènent actuellement des discussions sur une fusion de leurs activités. “Il s’agit d’une véritable fusion. Antwerp Shiprepair ne sera pas repris”, dit Frans van der Zalm, directeur-général d’Antwerp Shiprepair, réfutant ce qu’annonce “Lloyd’s List”. Selon Ruud de Vlieger, du groupe néerlandais IMCA, dont fait partie Shipdock Amsterdam, il y aura échange d’actions et l’opération doit être clôturée pour le début de l’an prochain.
- La Chine livre le premier transporteur de produits chimiques en acier duplex inoxydable
Le “Valerie”, le premier transporteur de produits chimiques disposant de citernes en acier duplex inoxydable, sera remis à son propriétaire à la mi-décembre à Shanghai. Le navire de 19.950 t.b., a été commandé par Wega Shipping Co. Ltd, une compagnie maritime contrôlée par l’armateur anversois Guido Somers, auprès du chantier naval Qinshan à Wuhan.
- WW étudie un nouveau concept pour relier Zeebrugge et les ports rhénans
L’opérateur ro/ro Wallenius Wilhelmsen veut améliorer l’accessibilité de son hub au Canadakaai à Zeebrugge pour l’hinterland. Ce hub traite sur base annuelle près de 200.000 véhicules, 20.000 tracteurs, 4.000 grandes ou lourdes pièces ro/ro, ainsi qu’un certain volume de cargaisons conventionnelles, transportés moyennant la technique ro/ro. Afin de rendre le trafic de marchandises de et vers l’hinterland plus fluide, la compagnie compte sur un désenclavement à part entière du hub par bateau. Un projet pour un service entre les ports rhénans et Zeebrugge est encore à l’étude, mais pourrait donner une importante impulsion au port côtier belge.
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| DECEMBER 3, 2002 |
- Genmar generals get new incentives
Georgiopoulos and company trade in $18 options on $7 stock.
- Familiar names on EC list of shame
Turkey is the worst flag state on blacklist, as detention report regulars crop up again.
- MarAd tables Israeli tanker plea
US agency will take no action for now on bid to use foreign-built tankers for jet-fuel cargoes.
- Skuld cracks down on late payers
Norwegian P&I club sets 25% general increase and warns premiums must be paid on time.
- Chavez squabble spikes oil prices
Venezuelan sources say PDVSA production not yet affected by strikes.
- EU proposes single hull tanker ban
Transport commissioner Loyola de Palacio wants to oust single hull ships carrying fuel oil.
- EC publishes vessel blacklist
Sixteen tankers and a passenger ship highlighted on 66-vessel ban wish-list.
- IACS opts out on hatch cover strengthening
Class society group unveils details of final five measures in eight-point plan.
- OOCL makes it eight at Samsung
Hong Kong owner books two more giant boxships despite earlier overcapacity concerns.
- Australians up in arms over shipping tax bombshell
Exporters fear paying 30% tax on time charters could price them out of international markets.
- OVDS to sell coastal ferry
Norwegian owner looking to offload then lease back 1993-built vessel Richard With.
- Lukoil mulls tanker sell off
Russian oil giant considers business options for 13-vessel owned fleet.
- Smit takes on Scheldt river clean-up
Salvage giant to lift 38 sunken ships from riverbed to improve access to Antwerp.
- Losses widening at Kuribayashi
Tokyo ro-ro specialist has not managed to turn revenue growth into profit in the first half.
- Box trades set for modest but steady growth
Three major East-West liner trades expected to see single digit growth over next three years.
- Zhenhua inks Yantian boxship crane deal
Chinese engineering company to supply units to Hutchison Whampoa venture in Shenzen.
- Simitis talks tough on tankers
Greek PM to "study" enhanced shipping safety when country takes up EU presidency.
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