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| OCTOBER 8, 2002 |
Shipping News
- Oil-laden tankers may be used in suicide attacks
GOVERNMENTS are failing to act on fears that oil tankers and other ships laden with explosive cargo could be used in suicide attacks, according to the author of a new book about modern piracy.
- ITF expands its scrutiny of Asian ports
- West Coast ports stay shut amid 4th day of talks
- P&O Princess ready for merger talks with Carnival
Air and Land Transport
- Manila urges US to defer open skies pact for 10 years
THE Philippines has urged the United States to defer for another 10 years the implementation of their 'open skies' agreement for passenger traffic, citing a possible US attack on Iraq as a reason, documents show.
- Thailand to speed up construction of new airport
- S African Airways finalises acquisition of Air Tanzania
- China Airlines to order 10 Boeing, 12 Airbus aircraft
- Swiss files complaint against no-fly times
- Virgin Blue's growing pains may scupper profit targets
- Log Book
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| OCTOBER 8, 2002 |
- Major players to launch improved services
- Trieste changing direction
- ARA lines announce BAF
- AGS picks Tradevision's LogiMan
- Macau Airport cargo handling grows 29 per cent
- Continental Airlines turns in September performance
- American Airlines sees traffic up 28 per cent
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| OCTOBER 7, 2002 |
- Zumwinkel remains head of Deutsche Post
Deutsche Post's ceo Klaus Zumwinkel put an end to the speculation circulating over the weekend in a letter to his employees.
- Panalpina in US C-TPAT security programme
Panalpina filed a formal application to participate in the Customs-Trade Partnership Against Terrorism (C-TPAT).
- Green light Dutch terminal
The Westerschelde Container Terminal (WCT) in Flushing East can be built.
- Millionth container on ECT Delta Dedicated
Today the one millionth container was handled at the ECT Delta Dedicated West Terminal (DDW); the container was taken on board of the MOL Solution.
- PSA's volume up 6 per cent
PSA Corporation had a 6 per cent container throughput volume increase in Singapore and 10 per cent worldwide last month compared with last year.
- Air cargo rates up in 2nd week of closure US ports
Air cargo rates have risen sharply in the past five days, as the lockout of West Coast ports coincides with the seasonal increase in shipments, Dow Jones said.
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| OCTOBER 8, 2002 |
- Sinking national tonnage perturbs Shipping Ministry
- India signs pact with Ukraine on MFN status for merchant ships
- Safmarine adds innovative features to its website
- Issues of concern to shipping industry highlighted - Kanoo Shipping Agencies organises presentation
- Seafood exporters to buy only certified goods
- Automobile exports zoom 63.1 pc during April-August 2002-03
- ... imports up by 218 pc in April-July 2002
- Tea exports up by 6 per cent in August
- Paradip Port handles 14 pc more traffic in H1
- Divestment panel names 4 more in logistics sector for sell-off
- KoPT to buy shore-to-ship equipment to boost container traffic
- Fedex ties up with PAFEX Manvin's - agent in Goa
- Forex reserves up by $ 500 million to $ 62,521 million
- Poland can play pivotal role for Indian exporters-Envoy
- India opposes Swiss formula for reduction of bound rate duty on oils
- CII to sign 3 MoUs with EU counterparts
- ICMF opposes excise waiver for hand-processors
- Inflation dips to 3.58 pc
- DGAD asks apex chambers to evolve transparency code for corporates
- Govt asks port officials to test sugar consignments
- Kenyan envoy invites Indian investorses
- Catalogue show of Indian products in Milan from Nov. 30 to Dec. 8
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| OCTOBER 7, 2002 |
- Rotterdam opens high then falls in late trade
- Daily Bunker market report from Praxis Energy Agents
- Limburg blaze under control, terrorist enquiry opened
- Petronas chief calls for Asian oil emergency reserves
- Recovering refining margins
- Brazilian market report from Petrobras
- Crude strengthens after suspected terrorist hit on oil tanker
- EMMF to supply 180 cSt fuel at Cyprus ports
- Tanker still on fire after suspected terrorist attack
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| OCTOBER 7, 2002 |
- Strikes at U.S. west coast ports
- CP Ships restructures Australasian trade lanes
- EIB loan for the construction of a new runway at Amsterdam Schiphol Airport
- Panalpina initiates participation in US C-TPAT security programme
- Davies Turner opens GBP 5.5 million extension of Dartford freight hub
- Schenker expands in Austria
- Zen Express launches sea-air service from Hong Kong to Europe
- Gulf Conro Line appoints new agent
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| OCTOBER 7, 2002 |
- Bush intervenes in Pacific ports dispute
President George W. Bush has taken the first step in the Taft-Hartley process
- France starts tanker explosion probe
French counterterrorism agency DST is investigating the causes of the Limburg explosion
- Tidewater dampens earnings expectations
The world's largest OSV operator says earnings will fall short of analysts' expectations
- Harland & Wolff to stop shipbuilding
After current jobs are completed, focus will be on repair and project management
- Terrorist attack on French tanker
The owners of a French tanker ablaze off Yemen believe the ship was rammed by a small boat laden with explosives
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| OCTOBER 7, 2002 |
- West Coast governors want labor dispute settled
- Deal cut in Tacoma to allow Alaska cargo to move
- Coast Guard rescues man at sea for over two months
- Port of Seattle will end warehouse operations this year
- Matson exemption paves way for Hawaii service to resume
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| OCTOBER 7, 2002 |
- UK Port Authorities Crack Down on Defective Foreign Ships
- Cruise Jobs: ITF Wants Al Najat Boss Arrested
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| OCTOBER 8, 2002 |
- Crude price rises after mystery Limburg explosion
TENSION was rising on world oil markets yesterday as uncertainty persisted over the cause of the explosion which blew a gaping hole in the double hull of the 299,364 dwt crude oil carrier, Limburg, off the southern coast of Yemen on Sunday.
- Yemen insurance cover soars
UNDERWRITERS have ramped up seven-day voyage premiums for Yemen to $250,000 or more for modern ships following the explosion on the French-flagged tanker Limburg which, it is suspected, was the subject of a terrorist attack at the weekend, writes James Brewer.
- Lines pull plug on West Coast cargo bookings
MANY major shipping lines including Maersk Sealand are no longer taking bookings for cargo from Asia to the US west coast.
- Bush prepares to call national emergency
PRESIDENT George W Bush took the first step towards a federal intervention in the waterfront labour dispute on US west coast yesterday, by appointing a board of inquiry as mandated by the 1947 Taft-Hartley Act, writes Rajesh Joshi.
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| OCTOBER 7, 2002 |
- Bush steps in to USWC dispute
- Princess opens talks with Carnival
- UK owners push light dues debate
- Genmar stocks tank
- Maua shut out of Petrobras tender
- Further consolidation at H&W
- Lockout lifts repositioning cost
- Italian ferry lines go under
- Gutted newbuilding to be rebuilt
- Indian port pay deal extended
- HUAL salvage 'will be tough'
- Bulker caught smuggling
- Klang fears losing CMA CGM
- HMM director denies allegations
- Royal Caribbean slides on FTC news
- Cyprus receives cruise boost
- Tanker injuries investigated
- Le Joola toll might be even higher
- Merger talks lift P&O Princess shares
- Crew saved as Japanese ship sinks
- Al-Qaeda suspected in VLCC blast
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| OCTOBER 7, 2002 |
- Ports could re-open this week
The West Coast appear to be headed for an injunction that would re-open ports and force a resumption of contract talks between shipping lines and union longshoremen.
- Oil prices surge after tanker fire
Fears of terrorist attacks on shipping in the Middle East were renewed after an explosion on a Euronav supertanker in Yemen. A crewman reportedly saw a small craft heading for the vessel just prior to the blast.
- Labor Sec'y. says port shutdown security threat
- Airfreight demand rockets
- Asia shippers brace for steep losses
- Indian shippers will divert to East Coast
- UPS joins security program
- Deutsche Post boss denies telecom move
- Shutdown won't hurt income: Pacer
- Seaborne traffic jam for Los Angeles
- Crisis for some shippers
- Capacity crunch for Asian airports
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| OCTOBER 8, 2002 |
- GLS veut devenir la principale entreprise express d’Europe
General Logistics Systems, le service pour colis et messagerie de l’entreprise postale britannique Consignia, va progressivement introduire un nouveau nom pour son réseau européen. Le nom actuel General Parcel et celui des 18 entreprises relevant de la marque disparaîtra complètement d’ici 2005 et sera remplacé par GLS.
- Les manutentionnaires français attendent l’approbation du dernier volet de la réforme portuaire
D’ici la fin du mois, le gouvernement français devrait en principe annoncer les mesures visant à permettre que les grutiers conduisant les engins portuaires, notamment les portiques à containers, puissent être intégrés au sein des entreprises de manutention. Si tout se passe comme prévu - mais les pouvoirs publics français sont coutumiers du non-respect des calendriers annoncés -, les grutiers deviendront donc des employés du secteur privé, alors qu’ils dépendent encore actuellement du secteur public. Ce dernier volet de la réforme portuaire est considéré par les entreprises de manutention comme une nécessité pour mettre les ports français en position favorable face à leurs concurrents européens.
- Conflit portuaire aux USA: quatre jours de discussions sans résultat
Après quatre jours de négociations, les représentants du syndicat ILWU et de l’organisation patronale PMA se sont quittés sans avoir trouvé un accord dimanche soir. Un délai pour la reprise des négociations n’a pas non plus été fixé, de sorte que la crainte d’un lock-out prolongé des 29 grands ports maritimes de la côte ouest américaine reste réelle. Entre-temps, les appels en faveur d’une intervention de l’administration Bush sonnent de plus en plus fort.
- Prologis investit à nouveau en France et en Belgique
Le groupe américain d’immobilier logistique Prologis a annoncé avoir conclu la vente de ses activités dans la logistique sous température dirigée (CS Integrated) à Atlas Cold Storage et P&O Cold Logistics. Après la vente de Frigoscandia en Europe il y a quelques mois, cela signifie la poursuite du désengagement de Prologis de ce secteur. Dans l’immobilier logistique proprement dit, par contre, les investissements se poursuivent. Ainsi, le groupe vient d’inaugurer à Clésud, près de Marseille, une plate-forme logistique pour le compte de TNT Logistics France, tandis qu’il vient de conclure un contrat pour l’acquisition de nouveaux terrains sur le site de l’aéroport de Vatry. Et il y a quelques jours, Prologis annonçait un premier investissement près de Liège.
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| OCTOBER 7, 2002 |
- War rates for Yemen treble
Underwriters double Middle East rates in response to terrorist attack on Euronav VLCC.
- Tsakos issues first cash dividend
Cash dividends will represent between one-quarter and one-half of ordinary net income.
- Possible rating cut depresses Carnival stock price
Moody's is considering downgrading Carnival's debt ratings.
- Bush intervenes in West Coast port dispute
A government-appointed board of inquiry will complete fact-finding process in one week.
- Bearish Genmar stock sinks further
Lehman Brothers cuts rating of overweight General Maritime stock to Equal-weight.
- More jobs go at Harland & Wolff
Skeleton staffing as only 121 workers survive new redundancy round.
- Limburg "largely intact" after attack
Salvors examine damage onboard blast-torn VLCC as fire is extinguished.
- Empty barrels airlifted from Jolly Rubino
Salvage team progresses with cargo removal from grounded Italian ro-ro off South Africa.
- Management shake-up at Stolt Offshore as losses grow
Offshore shipowner replaces chief operating officer as nine-month figure moves further into red.
- Skaugen beating downturn
But pessimism on short term outlook as delivery of new gas carriers begins.
- First fruits of expansion for Fisher
Ambitious UK shipping group agrees purchase of marine services company Rumic.
- Delight and regret for cruise bosses
Top men at Princess, Carnival and Royal Caribbean react to US clearance.
- P&O Princess to meet with Carnival
UK cruise company will finally talk to rival after US clears both Carnival's and Royal Caribbean's plans for Princess.
- Investigations start into VLCC blast
Tanker burns on after explosion but France and Yemen remain at odds on account of incident.
- DFDS Tor Line sells ro-ro
Danish ferry line shifts out another vessel as it continues fleet renewal strategy.
- Terror attack on VLCC
Explosive packed boat rams CMB group tanker off Yemen in incident reminiscent of USS Cole attack.
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