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| SEPTEMBER 16, 2002 |
Shipping News
- NYK to take full control of troubled Ceres Terminals
NIPPON Yusen Kaisha has come to the rescue of troubled Ceres Terminals in a takeover deal which transforms Japan's third biggest container line into a serious player in terminal operations.
- Detained ship being probed by US military units
- Distressed ships in Malacca St, off S Africa
- Ailing Taiwanese shipbuilder tries for sub deal
Air and Land Transport
- Qantas' Australian Airlines launched for Asian market
AUSTRALIAN Airlines, a no-frills international carrier owned by Qantas, was officially launched yesterday to service Japanese and other Asian routes once determined as too unprofitable for its parent.
- HK airport's cargo up 24%, passengers 1.8%
- Air Canada, union reach deal on Zip subsidiary
- Air Nauru keen to boost image and relaunch service
- Log Book
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| SEPTEMBER 16, 2002 |
- New feeder service for Port Klang and Penang
- TSA to keep Asia US import tariffs beyond peak season
- CMA CGM puts new vessel to work on NCX service
- Petersen resigns amid Bimco restructuring
- Danzas secures NVOCC qualification in China
- UPS and aircraft mechanics reach tentative agreement
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| SEPTEMBER 13, 2002 |
- NYK to purchase Ceres Terminals
Nippon Yusen Kaisha announced that on September 12, 2002, it executed a binding Agreement to purchase Ceres Terminals, Incorporated.
- Katoen Natie acquires Canadian logistical group
Belgian logistics group KTN acquired the Canadian logistical group Guilbault, a family owned company, which operates under the brand name Servi-logistix.
- Boeing delaying 500 jet deliveries
Boeing is to reschedule deliveries of 500 jetliners - more than a year's worth of production - since the Sept 11 attacks sent many of its airline customers into a tailspin.
- Box volume record at Melbourne
Australia's busiest container port in Melbourne enjoyed record throughput volumes in FY2001/02 of more than 1.42 million Teu.
- Better result Panalpina
Thanks mainly to a global cost management drive, Ebit of Swiss forwarding group Panalpina rose by 15.3 per cent year-on-year to CHF 77.9 million.
- Airborne to increase fuel surcharge
Airborne Express will increase its existing fuel surcharge from 2.9 per cent to 3.5 per cent for all air express shipments moving through its transportation network, effective October 7, 2002.
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| SEPTEMBER 16, 2002 |
- ONGC may let domestic shipping co. handle & maintain vessel fleet
- HRC Shipping commences Chennai-Haldia-Chittagong feeder service - Chennai as Hub Port becomes reality with
- TP boxes of SCI moved ex-CCTPL
- Dumping duty on trimethoprim from China imposed
- Rising euro enthuses exporters to penetrate deeper into European market
- CIDEX to hold 14 trade fairs in India in 2003
- Leading automobile firms find India a haven for cheap components
- WTO panel ruling on November 1 - EU dumping duty on Indian bedlinen
- Indian peanuts to face strict quality tests in US
- Cochin committee wants Vallarpadam project expedited
- RITES to run Jamaican train network
- India-LatAm health summit to study scope for JVs
- Edible oil imports down by 31 pc in August
- Petronet LNG’s project in Kochi unlikely now
- IBP plans to make containers to carry LNG by road
- TN leather garment exporters to set up design studio
- RBI liberalises forex remittance norms
- Foreign Trade Analysis: Current Policy & Procedures
- Ficci office opened in Kazakhstan
- Singapore, Taiwan, Thailand to attend Tech Summit
- Assocham to open office in Sharjah
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| SEPTEMBER 13, 2002 |
- Oil back up as Iraq continues its "decade of defiance"
- African bunker market scan - very mixed avails
- Transoil staff announcement
- Organic Chlorides Revisited
- Lukoil vice-president kidnapped in Moscow
- Denmark: Grounded products tanker to refloat
- Rotterdam opens low, then back to yesterday's levels
- US Gulf: prices firm-steady amid erratic demand
- Tight avails reign on US West Coast
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| SEPTEMBER 16, 2002 |
- NYK acquires Ceres Terminal
- CMA-CGM: New vessel for NCX service
- Panalpina surpasses its good prior-year result in the first half of 2002
- Rotterdam Municipal Port Management appoints a second representative for the United States
- Air Canada direct services give Ireland 16% cargo boost
- Emery Forwarding's European Automotive Customer Service Group obtains new ISO 9001:2000 certification
- APL Logistics starts joint venture in Venezuela
- New Skychain module keeps customers updated
- DHL and Dnata Cargo sign ground-breaking contract
- Schenker Ireland ISO-certified
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| SEPTEMBER 13, 2002 |
- Radiation in suspect box ship "from tiles"
Wire services are reporting that radiation detected in the detained containership Palermo Senator is naturally occurring and comes from clay tiles in the cargo
- World's most powerful diesel cat
Austal Ships has now released more details about the 86 m vehicle/passenger ferry it is to build for Canadian American Transportation Systems (CATS).
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| SEPTEMBER 13, 2002 |
- Transpacific carriers will up rates to cover higher Panama Canal charges
- US Rail freight traffic makes gains during week
- Port of Portland employees building torches for river event
- Corps of engineers selects plan for Snake River dam improvements
- NYK Line agrees to purchase Ceres Terminals Incorporated
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| SEPTEMBER 16, 2002 |
- Bid to drag leaking Jolly Rubino off sandbank
SALVORS will attempt to pull the multipurpose carrier Jolly Rubinooff its sandbank today, the owner reported, as part of a continuing battle to reduce environmental damage to the South African coast from the vessel’s leaking cargo.
- Equitas strategy under fire on new asbestos front
EQUITAS faces new battles in its attempts to keep the lid on asbestos-related claims.
- Names may still get revenge over lost vote
NAMES appear to have blocked the road to a new Lloyd’s Act - seen by some as a cornerstone of market reform proposals - while being overwhelmed in the critical vote on allowing the council to bring in chairman Sax Riley’s strategy group proposals, writes James Brewer.
- Opposition to US crew list visa grows as ICSW fights for shore leave rights
AN INTERNATIONAL volunteer organisation devoted to seafarer rights has added a strident new voice opposing the US proposal to abolish the crew list visa, the blanket visa that enables merchant mariners to go ashore in the US for pleasure and for personal business.
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| SEPTEMBER 13, 2002 |
- Eye in the sky spots bilge oil spill
- Palermo Senator 'no risk to health'
- Alaska fears cruise manoeuvres
- Unctad warns on multimodal regime
- Dockers convicted of coke smuggling
- Oil begins to leak from Rubino
- Fincantieri speaks out on bidding
- Carnival clears decks for P&O deal
- Repair yard hit by heavy losses
- ICTSI to go back overseas
- Flender Werft discusses wind power
- Mersey picks up Visag stake
- Russia moves on icebreaker shortage
- LME eyes Kwangyang
- Two missing as tanker sinks
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| SEPTEMBER 13, 2002 |
- UPS raising fuel surcharge
United Parcel Service will raise its fuel surcharge from the current rate of 0.75 percent to 1 percent.
- BAA cargo gains in August
The world's largest airports operator said cargo traffic at its seven United Kingdom hubs extended recent gains.
- Lines pass on Canal toll hikes
Fourteen shipping lines operating from Asia to the United States have set increases for Panama Canal transit.
- Airborne Express to increase fuel surcharge
- NTSB, Coast Guard agree on probe rules
- Tiles source of radiation on ship
- JoC Breakbulk 2002: Partnership boosts Houston business
- Longshoremen convicted in Miami drug-smuggling case
- Korea rail link work back on track
- DHL signs leading Indian express company
- Freightgate opens Midwest office
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| SEPTEMBER 13, 2002 |
- Seabulk completes new share issue
Proceeds will be used to pay off previous bank debt and redeem senior notes.
- Georgiopoulos gives up shares
Weak General Maritime stock failed to hit required price level in May-June.
- Palermo Senator carrying "radioactive" tiles
Containers pose no health risk to public, crew and inspectors.
- NTSB, USCG define investigative roles
National Transportation Safety Board may elect to lead major marine accident investigations.
- CSBC returning to black
China Shipbuilding Corp is responding positively to government's ultimatum to shape up or shut down.
- Indian U-turn on foreign bidders for SCI
Foreign partners of Indian bidders for state owner will now be able to raise stake to 49%.
- Oil leaking from grounded Jolly Rubino
Mile-long slick reported from burning Italian ro-ro off South Africa.
- Seamec's shares drop after parent's "low" offer
Investors disappointed by Technip-Coflexip's price for Indian offshore shipowner's stock.
- Wartsila staff face temporary lay-off
Lower order levels at Finnish ship-engine maker prompt workforce rethink.
- MISC backs call for higher Pacific rates
Malaysia International Shipping Corp says costs for containerships have risen in recent months.
- Hyundai Heavy lines up $150m bond sale
Korean shipbuilder wants money for working capital and debt repayment.
- Pacific lines pass on Panama Canal hike
Fourteen containership owners to raise prices by $15 per box by 2003.
- Sea Mariner refloated off Denmark
No pollution reported from Interorient tanker which grounded in Oresund Strait.
- Eastbound box traffic keeps growing
Container movements from Asia to the US maintain strong growth but westbound box levels start to ebb.
- Elmira crew face spill charges
Canadian authorities have charged bulker officers and owner over Newfoundland spill.
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