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| DECEMBER 17, 2002 |
Shipping News
- Remove Indonesia's war risk zone label: FASA
FRUSTRATED South-east Asian shipowners have collectively called upon the Joint War Risk Committee to remove Indonesia's post-Bali bombing war risk zone label, arguing the arbitrary rating 'imposed unnecessary additional costs' on shipping and trade.
- Bigger EU will boost maritime safety
- Fuel to be pumped from sunken ship in Channel
- Collision sinks ship off China; tragedy in Liberia
Air and Land Transport
- Hanoi to end dual airfares for citizens, foreigners
VIETNAM plans to charge foreigners and locals the same airfares for domestic flights by the end of 2003, as part of several measures designed to encourage foreign investment, the Finance Ministry said.
- United presses unions for more concessions
- Computer glitch cause of supersonic model jet crash
- Dubai airport set to receive 20m passengers by 2005
- Northwest expands self-service check-in
- Suspect package sent to Iberia defused
- Log Book
Features
- Uncertain outlook for 2003 deepens
TTHE cruise industry had hoped 2003 would bring an end to the uncertainty that shadowed the business since the terrorist attacks.
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| DECEMBER 17, 2002 |
- Paper is not going away, says US Customs official
- HK Logistics Development Council welcomes new blood
- Kasy Logistics receives Chinese NVOCC licence
- Shipping industry rails against registered flouters of maritime law
- IMO conference adopts new security measures
- US express industry happy with US-Chile Free Trade Agreement
- American Airlines reduces overweight baggage fees
- Paul Tellier to head Bombardier starting January
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| DECEMBER 16, 2002 |
- CEO Schenker exit
Dr. Thomas Held (45), currently CFO of the company, has been appointed CEO of Schenker AG with effect from January 1, 2003. Håkan Larsson (55), the current CEO, is leaving immediately.
- KLM code sharing in South Africa
KLM Royal Dutch Airlines will shortly expand its South African route network through cooperation with regional carrier Comair.
- Port of Hamburg: 5 millionth container 2002
The five-millionth container arrived in the Port of Hamburg this year on board the "P&O Nedlloyd Sydney" on Friday, the first time the Port of Hamburg exceeded the 5-million mark for standard containers (Teu).
- Cargo ship runs into Tricolor
A cargo ship has run into the sunken Tricolor, the vessel that sank in the English Channel, taking with it luxury cars worth 46.6 million euro.
- Race for India's huge jet order
The race between Boeing and Airbus to clinch a deal with state-run Indian Airlines and Air India for a total of 60 planes has heated up with the cabinet set to make a final decision soon.
- US Airways pilots back cuts
The Air Line Pilots Association, which represents 4,000 pilots at US Airways, approved an agreement that will cut $100 million a year in pilot costs for six years, part of a plan to help the company try to emerge from bankruptcy-court protection next year.
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| DECEMBER 17, 2002 |
- BIMCO-DSAA course on ‘Agency Matters’ on Jan. 8
- Panel formed to study seamen’s PF investments
- Norms suggested for 51 pc stake sell-off in DCI
- IMO approves maritime security procedures signed by 108 countries
- Olympic games in China a boon for granite trade
- Gems & jewellery exporters seek advance remittance for rough diamonds import from Russia
- Air consignment tracking now easy in India too
- 5 S-E Asian nations may soon form new trade bloc for gems, jewellery
- Optimism on Kulpi port’s future
- Trade urges govt to notify Petrapole land customs station as land port
- IA to connect Bangkok to Gaya in Bihar
- Forex reserves close to $ 67 billion
- IOC to get 100 petrol stations in Lanka
- High transport cost has no effect on FCI: Minister
- Ascon survey confirms rise in industrial production
- India seeks openness in MNCs’ accounting disclosures
- Textile mills given more time to fulfil hank yarn-packing obligation
- NRNR receipts can be credited to NRE account: RBI
- SSI sector posts steady growth despite liberalisation
- SEZ units allowed to sell goods in DTA after paying applicable duty
- Textile Ministry proposes 5 pc customs duty on capital goods, may phase out EPCG scheme
- Karnataka plans pvt. industrial parks
- Muthiah takes over as new Ficci President
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| DECEMBER 16, 2002 |
- Arkhangelsk: New bunker company plans barge for 2003
- English Channel: Salvors hopes to remove bunkers from wreck
- Crude soars to 2-month high as Venezuelan strike continues
- Venezuela imports gasoline
- Rotterdam charges up as crude stays firm
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| DECEMBER 16, 2002 |
- New cranes for Trinity Terminal in Felixstowe
- SR Technics sells its Shannon Aerospace shareholding
- Volvo Trucks markets Renault Mascott in Sweden
- Danzas strengthens its position in France
- United Airlines: no flights to Caracas
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| DECEMBER 16, 2002 |
- Masa-Yards inks Color Line order
Kvaerner Masa Yards has signed a contract with Color Line AS, the largest ferry operator in Norway, for the construction of a 74,600 gross tonne cruise ferry.
- Teekay to acquire Navion
$800 million deal
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| DECEMBER 16, 2002 |
- ILWU Longshore Division Caucus votes to approve new contract
- Holidays mean big numbers for United Parcel Service
- Washington ferry riders happy with service
- Corps of Engineers issues permit for third runway at Sea-Tac Airport
- Kerr Contractors wins job to repair Coos Bay jetty
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| DECEMBER 17, 2002 |
- Tricolor triggers Channel mayhem
A FOURTH vessel came within 100 metres of joining the multiple pile-up in the Channel, with a UK aircraft forced to take unorthodox action to warn of the need to change course, Lloyd’s List has learned.
- Møller to merge twin parent firms next year
A MOMENTOUS development in the history of AP Møller, the Danish shipping and energy giant, looks set to take place next year following the decision of its twin parent companies, A/S D/S Svendborg and D/S 1912, to pursue a merger which could create a quoted company worth almost $12bn.
- London likely to foot $40m cargo claim
LONDON could face a cargo claim of around $40m on the cars that went down with the car carrier Tricolor , write Janet Porter, James Brewer, Andrew Spurrier and Denzil Stuart.
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| DECEMBER 16, 2002 |
- Venezuela maritime is paralysed
- No breakthrough in Venezuela
- Virus delays Carnival cruise ship
- Weather hinders Tricolor assessment
- Piracy remains a major issue: ICS
- Dubai concerned by Indian cabotage
- Genoa seeks peace within the port
- Mangouras remains behind bars
- Turkey dismisses Black Sea concerns
- Jordan, Syria seek maritime partner
- US wants individual crew visas
- Hanjin P heads for Singapore
- Mid East feeders to hike box rates
- HK accepted for cross-strait trade
- Grain gains for San Miguel
- India prepares for state sell-off
- Paradip port to diversify
- Teekay buys Statoil's Navion
- Brief respite for SSW workers
- Trapped Magdalena leaving ice
- France raises Prestige spill stakes
- Feeder ship hits capsized Tricolor
- Weather hinders Tricolor salvage
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| DECEMBER 16, 2002 |
- Sale of CSX Lines imminent?
Letter details sale of U.S. vessel operations to high-powered turnaround specialist.
- Peak week for express carriers
United Parcel Service, FedEx brace for crush of holiday traffic.
- Held named Schenker CEO
Larsson out in executive shake-up at forwarder.
- Port of NY/NJ announces inland barge service
- Triple collision in English Channel
- Teekay buys Navion for $800M
- BNSF expands carload guarantee
- JoC Online Pulse: Sell off the Post Office? Not so fast!
- Strategy director leaving Port of Portland
- A.P. Moller mulls corporate merger
- DHL in Pakistan mail deal
- Airborne retires senior notes
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| DECEMBER 17, 2002 |
- Europe-Far East: Lykes Lines et Contship CL arrêtent les frais...
Cette décision était attendue: les filiales de CP Ships, à savoir Lykes Lines et Contship Containerlines ont décidé de mettre un terme à leur service entre l’Europe, tant du nord que du sud et l’Asie, ce qui sera effectif dès le 1er avril prochain. Pour le groupe CP Ships, ce trafic était source de pertes importantes.
- Un cargo allemand percute le “Tricolor”
Il ne fait aucun doute que le car carrier norvégien “Tricolor”, qui a sombré samedi dernier, constitue un danger pour la navigation en mer du Nord. Les autorités françaises ont stationné le patrouilleur “Geranium” à l’endroit de l’épave dans la nuit de samedi à dimanche afin de prévenir les navires du danger. Le “Nicola”, un petit cargo allemand faisant route de l’Espagne vers Rotterdam, a toutefois percuté le “Tricolor” hier lundi. Le navire a depuis été remorqué, mais les conditions météréologiques empêchent toute inspection des dommages.
- La CNC reconnecte Gennevilliers à son réseau
Avec l’entrée en vigueur des nouveaux horaires ferroviaires dimanche dernier, la CNC signale la reconnexion, après trois ans de travaux, du terminal de Gennevillers-Paris, et l’ouverture du nouveau terminal de Gevrey.
- Le sommet européen charge les ministres des transports de prolonger le système d’écopoints
Les chefs de gouvernement et d’Etat européens se sont prononcés vendredi dernier dans leur communiqué de clôture du sommet de Copenhague en faveur d’une prolongation du système d’écopoints, qui reste toutefois limitée à trois ans. Ils ont donc répondu positivement à la proposition de compromis de la présidence danoise, fortement soutenue par l’Autriche.
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| DECEMBER 16, 2002 |
- Venezuela squeezes out first foreign cargo
First PDVSA oil cargo destined for overseas leaves, but industry warns of possible insurance risks.
- Moller to merge quoted companies
Danish shipowner prepares to modernise by bidding farewell to 1912.
- Kirby hands over $23m for barges
Finance division of Union Carbide converts lease arrangement to sale.
- Chavez sends in the troops
Soldiers board PDVSA tanker, this time bringing a foreign crew to end strike.
- Capesize bulkers enjoy boom-time
But punters unclear how long bumper earnings will last into 2003.
- Conquest defeated by new virus outbreak
Norwalk-like virus claims a second Carnival Line cruiseship.
- Stelmar locks up more charter cover
Company confirms new contracts for Primar, Petromar and Allenmar.
- VLCC rates go through the roof
Shortage of modern ships for early January dates sends levels rocketing to year-end highs.
- DFDS acquires Latvian line
Danish ferry giant now sets its sights on Russian enclave of Kaliningrad.
- Color Line signs up for big cruise ferry
Oslo-based ferry owner helps shore-up Finnish yard's flagging orderbook.
- SCI strike called off
Workers defer action over privatisation of Indian owner.
- Star in sale and charterback deal
Ferry king Olav Nils Sunde makes a $52m investment in reefer ships.
- Princess Pia crisis over
Grounded fuel oil tanker freed after pollution free lightering exercise.
- James Fisher snaps up smaller fry
UK group extends marine services reach and offloads loss-making support ship.
- Odfjell confirms two more Szczecin tankers
Norwegian owner brings chemical carrier order to six at cash-strapped Polish yard.
- Teekay expects Navion to boost earnings
First option on Statoil business to prove valuable to tanker fleet’s new owner.
- Tug pulls Nicola free from wreck
Cargoship's manager says crew are checking damage to ship.
- Teekay triumphs in race for Navion
Statoil sells tanker unit to aframax giant for $800m.
- MMM share deal off
Buyer pulls out of purchase of Malaysian owner's boss Shahrazi Sha'ari's stake.
- Cargoship hits sunken Tricolor
Dutch freighter now stranded on top of capsized car carrier.
- Strike hits eastbound box volumes
US west coast 11-day lockout took its toll on trans-Pacific trade, but figures were still over 700,000 teu.
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