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| JUNE 11, 2002 |
Shipping News
- US Coast Guard puts ports on security alert
FEARING a possible maritime attack against the country's ports and harbours, the US Coast Guard issued a nationwide alert this past weekend, warning of an unspecified attack by scuba divers.
- NY's Gambino family members indicted for waterfront crimes
- Royal Caribbean faces 3 lawsuits: report
Air and Land Transport
- Security for passenger plane cargo 'easily circumvented'
SECURITY for cargo carried on passenger planes is 'easily circumvented', the Transportation Department's inspector general has warned in a draft report that has yet to be made public.
- Cargo revenues of Asian airlines higher in May
- Asiana expects to sew up accord on unit sale soon
- Narita Airport names new man to lead talks with Iata
- SriLankan Air to resume Germany services
Features
- Keeping Aussie reef pristine and pollution-free
THE great Barrier Reef is the largest collection of living organisms on the planet, forming a 2,900 km-long coral reef off the north-eastern coast of Australia.
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| JUNE 11, 2002 |
- Hong Kong courts European shipowners at Greek exhibition
- Customs approves Ningbo's LCL business
- Italian ports to merge under single authority
- FedEx Ground opens local terminal in Cleveland
- USXP gets N American rights to container-toting buses
- China Southern chief offers glimpse of the future
- HK economy slows again in Q1, but exports grow in March
- Menzies names O'Brien operations director
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| JUNE 10, 2002 |
- German Postal brief strikes
Workers of Deutsche Post staged brief strikes Monday.
- UAE Airline places $1.5 billion order
The airline based of the United Arab Emirates signed a $1.5 billion agreement to buy engines from the General Electric Co.-Pratt & Whitney alliance to power Airbus jets.
- Swiss says BA derails Oneworld goal
Swiss could miss out on the Oneworld alliance due to problems with alliance member British Airways, Swiss chairman Pieter Bouw told Swiss Radio on Thursday.
- TPG and Unions reach agreement on new CAO
TPG (TNT Post) and negotiators from the unions reached an agreement on a new collective labor agreement (CAO) for TPG employees in the Netherlands.
- P&O to withdraw from the Felixstowe/Zeebrugge route
Following P&O's announcement on 23 April about ferry services consolidation, and after consultations with employee representatives, P&O North Sea Ferries has decided to withdraw from the Felixstowe/Zeebrugge route during July 2002.
- Lufthansa and Shanghai sign Memorandum
Lufthansa and Shanghai Airlines today announced the signing of a Memorandum of Understanding (MoU) that lays the foundation for closer cooperation between the two airlines and further enhances service quality and customer satisfaction.
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| JUNE 11, 2002 |
- Inspection certificates to be expedited for exporters to Bangladesh via LCSs
- UN body looking for business potential in India
- Dumping duty slapped on zinc oxide imports from Nepal
- Boon for sugar exporters as Bangla lifts import curbs
- Price trend, US tariff order cheer steel trade
- Ports must sail along BOT route: Goyal
- Pendency of import loaded containers bound for ICDs at JNPCT/NSICT baffles shipping lines & trade
- India keen to resume direct air link with Turkey
- Forex reserves: Uptrend resumed after last week’s fall
- 3 options mooted to make good seamen’s PF loss
- Cashew units implementing export quality norms
- Traders happy with rice export policy
- Handloom Export Promotion Council to launch brand promotion drive overseas soon
- ESC draws up action plan on IT exports to Africa
- Exim Policy amended to give DEPB benefit to DTA suppliers
- Govt set to treble certain farm goods transport subsidy
- CII assails unofficial economic sanctions against India - ‘India is safe & its business as usual’
- British Gas may invest another $ 500 m in India
- Interactive meet with Customs Chief at IMC today
- Infosys wins Excellence award
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| JUNE 10, 2002 |
- Maersk VLCC gets Glencore fuel oil run
- New OPEC secretary general from Venezuela?
- Houston opens a little softer as more suppliers have product
- Oil falls for a 4th day on shift in supply/demand outlook
- Venezuela, Iraq behind OPEC output increase in May
- Bunker prices for Brazilian ports
- Investment bank raises 2002 oil price forecast, OPEC basket still in range
- Singapore bunker prices continue last week's slide
- Rotterdam market report from Marine Bunkering
- Survey says OPEC busted quotas in May, Venezuela may test limits
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| JUNE 10, 2002 |
- OTAL restructures schedules
- Panama Canal submits new price structure
- CaroTrans International sets up Pacific Northwest load centre
- Strike by European dockworkers
- Long Beach receives third batch of post-panamax cranes
- Wilson Logistics on the acquisition trail
- Danzas in the Indian sub-continent
- TNT Logistics North America wins BMW contract
- M&M resumes service in Afghanistan
- Air France with record quarter
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| JUNE 10, 2002 |
- Bollinger completes repower conversion
Bollinger Shipyards, Inc., has completed the conversion of the single engine Crescent Towing tug Florida to a 4,000 hp twin-engine boat.
- Ingalls resumes cruise ship work
According to the local Sun Herald newspaper, about 350 employees at Northrop Grumman's Ingalls Shipbuilding unit, Pacagoula, Miss., have resumed work on the first 840 ft "Project America" cruise ship.
- Collins assumes CEO role at FGH
The board of Friede Goldman Halter has given the chief executive officer role to T. Jay Collins who recently became company chairman.
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| JUNE 10, 2002 |
- Panama Canal Authority revamping pricing structure
- Lockheed Martin wins next phase of TSA airport security project
- Vanguard Airlines adding daily flight from Sea-Tac to Kansas City hub
- PMA negotiations with ILWU continue as talks will resume on Wednesday
- Mitsui building three new tankers which will employ regasification system
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| JUNE 10, 2002 |
- Be Transparent, US Tells Shipowners
- Global freight forwarders conference due in Nairobi
- Hijacked Tanker Recovered
- Marine Experts Want Pollution in Lake Stopped
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| JUNE 11, 2002 |
- US puts shipping on terror alert
THE US Coast Guard put all units on high alert over the weekend in response to renewed threats to the country’s maritime infrastructure.
- Canada port users face levy to fund crackdown on security
USERS of Canada’s marine infrastructure could find themselves at risk from fees charged to fund greater port security, writes Neville Smith.
- Lines poised to join customs and trade pact
SEA and air carriers worldwide will be invited to join importers in the US government’s Customs-Trade Partnership Against Terrorism (C-TPAT).
- Hong Kong in box checks front line
Hong Kong port could launch the pilot operation of the US government’s container security initiative, including detailed checks on containers carrying suspect cargoes.
- Europe is wary of ‘competition’
Europe and the US are at odds on whether maritime security should be a competitive issue, writes Janet Porter.
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| JUNE 10, 2002 |
- BPL drops out of SCI race
- WRP hits tanker sector
- Asia-Australia rates hiked
- Delaware dredging may be scrapped
- Canadian steel hearings this week
- Tighter box inspections favoured
- Akron denies US smuggling claim
- Openness prone to terrorism
- Whisky captain deported
- West Coast talks worry shippers
- P&O confirms route closures
- Mumbai raises detentions again
- Classica section to be scrapped
- USCG issues Puget warning
- Higher productivity vital to Malta
- Oman proceeds with cruise facility
- Japanese anxious about Canal hike
- Durban issues congestion warning
- Jawaharlal Nehru unions climb down
- US Navy names Iraq oil smugglers
- Ports brace for African aid cargoes
- Newcomer doubles ro-ro service
- Korea to invest $1.5Bn in ports
- Korea warns price hike unlikely
- Belgian pilots ponder action
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| JUNE 10, 2002 |
- Passenger jet cargo a security threat
Security measures designed to prevent terrorists from placing bombs in the cargo holds of passenger planes have huge loopholes, according to a draft report by the Transportation Department's inspector general.
- Shippers pessimistic as deadline for West Coast labor contract looms
Importers and exporters who ship through West Coast ports do not expect that a new labor contract will be signed by the July 1 deadline.
- U.S. logistics costs down in '01
Logistics costs as a percentage of the U.S. gross domestic product declined to 9.5% in 2001 versus 10.2% in 2000, an annual survey finds.
- CP Rail chief to shortlines: We need you
- Maritime security expo to be held in NY
- Intermodal leads May rail freight
- Strike threat passes at Indian port, for now
- S. Korea sets $1.46B for harbor plans in '03
- Exel gets Interbrew U.K. distribution network
- 87 vessels attacked in 1Q
- HHI to build four boxships
- Menzies names O’ Brien
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| JUNE 11, 2002 |
- La sécurité dans les ports constitue un défi majeur
Ces derniers mois, la sécurité dans les ports et à bord des navires a fait lobjet de plusieurs initiatives - surtout de la part des Etats-Unis - qui ont été étudiées sur base bilatérale ou multilatérale par des spécialistes de lindustrie maritime. Cest pourquoi les organisateurs de la Terminal Operations Conference Europe avaient décidé de convoquer une réunion spéciale sur la sécurité dans lindustrie maritime. Il est ressorti des différentes présentations et des réactions à ce sujet quil reste encore beaucoup de travail à faire et que dans la pratique, les mesures de sécurité poseront encore beaucoup de problèmes, surtout dans les petits ports et dans certaines régions géographiques,
sans même parler de leur coût de revient.
- Ryanair fait un pied de nez
La compagnie à bas tarifs irlandaise Ryanair a clôturé son dernier exercice, le 31 mars 2002, sur un bénéfice après impôts de 150,4 mio. dEUR. Cela représente une augmentation de 44%. Le nombre de passagers et le taux doccupation ont également fortement progressé. Le fait que le conflit relatif à lutilisation du nom de Frankfurt Hahn a aussi tourné en faveur de la compagnie ne pourra que renforcer ces prestations.
- La libéralisation du rail en Belgique est enfin engagée
La nouvelle nous est hélàs arrivée juste après la clôture de notre édition: le Conseil des Ministres a approuvé vendredi dernier le modèle de transposition des directives européennes 2001/12, 13 et 14, relatives à la libéralisation du fret ferroviaire sur lensemble du réseau international. La ministre des Transports, Isabelle Durant, avait présenté ce texte qui doit permettre dadapter les structures en Belgique à loverture de ce marché, le 1er mars 2003. Elle propose de créer deux nouveaux organes indépendants (un régulateur et un répartiteur) qui devront permettre de respecter la politique européenne sans devoir scinder lexploitation de la SNCB de la gestion de linfrastructure ferroviaire.
- Les ports français doivent mieux cibler leur action
Chargée du portefeuille de la Mer au sein du gouvernement Raffarin, Nicole Ameline se déclare prête à agir pour faire évoluer le statut des ports français. Ils doivent se recentrer sur leur cur de mission publique, estime la toute nouvelle secrétaire dEtat à la Mer. A première vue, cette notion de cur de mission publique nest pas des plus claires. Lintéressée explique: Il ne sagit pas de privatiser les ports, mais il faut considérer que lexploitation commerciale des infrastructures peut être confiée à des entreprises de services, dans le cadre de contrats dexploitation dune durée suffisamment longue pour leur garantir de pouvoir amortir les investissements. Cette évolution doit se faire dune
façon très concertée.
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| JUNE 10, 2002 |
- Tanker rates showing weakness
VLCC rates fell by about 14% from a week ago to $15,985 per day.
- Ingalls shipyard selling two cruiseships
The two partially completed 1,900 passenger cruiseships may be snapped up by NCL.
- Polish yard crisis threat
Laid off workers threaten sit-in at Stocznia Szczecinska.
- ACP downplays toll hike impact
An expected US economic rebound is to cushion the 13% average toll hike.
- Yukos lines up VLCC for US bound cargo
Russia is gearing up its act to start exporting crude oil to the States.
- Lasco buyers offered extra incentive
Some of Latvian Shipping's stock to be sold as global depositary receipts to lure foreign investors.
- Petronas boasts large LNG tanker fleet
The Malaysian state gas company sees advantage in owning largest LNG tanker fleet in the world.
- Axe falls on P&O and Stena ferry routes
Zeebrugge jobs to go as Belgian port loses UK ferry links.
- Evergreen not deserting Singapore entirely
Taiwan boxship owner leaving 20% of business in Singapore, while rest goes to Port of Tanjung Pelepas.
- Ferry overdue at Linda Line
Trips cancelled as problems with new ship delays start on Estonia-Finland service.
- MSC boxship netted in Australia
Port state control inspectors detained 10 ships during May.
- MOL joins Exmar on LNG regas
Japanese owner takes the technology plunge on its shared newbuildings.
- Iraq and Qatar shipping ties
Joint shipping company could be formed following 12-year trade hiatus.
- Hanjin inks MSC box quartet
Order starved South Korean shipbuilder secures first order in nearly ten months.
- Hong Kong holds six
Port state control inspectors detained a Vinalines boxship during May.
- CargoLifter declares bankruptcy
NYK-backed German airship builder files for protection from its creditors.
- Broker sets out future Greek playing field
Post Posidonia EA Gibson provides a few pointers on what the 'Greeks' are up to in the tanker market.
- Tidewater to pay $0.15 quarterly dividend
World’s largest offshore operator maintains payment level of past years despite fourth quarter dip.
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