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| NOVEMBER 25, 2002 |
Shipping News
- ITF postpones seafarer wage hike till May 31
THE International Transport Workers' Federation has temporarily backed down on a benchmark seafarer minimum wage increase, after ship owners and managers collectively declared the hike 'unviable'.
- Calls to bring order to shipping snowball
- Disney ship disinfected for stomach bug before departure
- Burning gas tanker risks explosion
- Hitachi Zosen's H1 loss widens six-fold on cost rise
- GE Ship not pursuing SCI purchase plan
Air and Land Transport
- New Aussie carrier flies in
THE arrival of the new Australian Airlines here has opened up two of Australia's key attractions - the Great Barrier Reef and the Gold Coast - to its fifth largest tourist market.
- Pilot error may have caused Luxair crash, says report
- Oneworld not to admit new airlines into alliance
- FedEx rates for US services to go up
- Japan refuses to lower landing fees
- Log Book
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| NOVEMBER 25, 2002 |
- FEFC operators set tariff increases for next year
- Jardine Logistics launches revamped company web site
- WTS handles US Customs with ease
- Hamburg Sud takes over Andrew Weir Shipping liner service
- AirRep's Moscow service growth prompts appointment of GSAs
- Delta enters into agreement with Colombian carrier group
- FedEx Freight begins European service with Frans Maas
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| NOVEMBER 22, 2002 |
- UAL shares up on union agreement and finance plan
A group of global banks is working on a refinancing plan for about $7 billion in leases on United Airlines' fleet of planes.
- EU strategy to reduce air pollution from ships
The European Commission has just adopted a new strategy to reduce the impact of ship's atmospheric emissions on the environment and human health.
- DHL expands In North America
DHL, a subsidiary of Deutsche Post, opened seven new Strategic Parts Centers (SPC) in the U.S. and Canada.
- MISC reports lower profit
Malaysia International Shipping Corp (MISC) has registered a pre-tax profit of RM305.7 million (S$143 million) for its second financial quarter ended Sept 30, 16 per cent lower than the year-ago period.
- 'Terror on shipping foreseen'
U.S. counter terrorism authorities hope their interrogation of the newly captured chief of al-Qaida's Persian Gulf operations, Abd al-Rahim al-Nashiri, will shed light on terror plots, also in the area of shipping.
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| NOVEMBER 25, 2002 |
- MOL plans to order 8 large car carriers to be completed by 2006
- Evergreen to change agent in Venezuela
- Contship’s new services to call at Hamburg
- London Club confirms general increase
- P&O Ports in JV with CMA-CGM to acquire Egis Ports SA
- 70 millionth container handled at Hong Kong International Terminal
- Hamburg Sud takes delivery of new Volumax reefer boxes
- RCL, KMTC launch Thailand to S. Korea service
- Hyundai Logistics to invest $ 1 m in China
- Schenker to open logistics hub near Athens
- IMO raises Council membership to 40
- Vietnam to cut port fees
- No dumping of SCI at any price: Vedprakash
- Balaji Shipping (UK) reaffirms its commitment to Indian trade
- IMO drawing up ship, port security code
- Dutch team finds immense scope for tie-ups in marine sector - Good jetties, terminals urgent, says Vedprakash
- Cabinet panel gives nod for tonnage tax regime
- 54 Indian-owned companies in Poland, more waiting to get in
- Australian trade delegation invites JVs in auto sector
- Adani Port eyeing rail link projects
- TPT earmarks land to set up SEZ
- CoPT roadshow in Mumbai for Vallarpadam Container - Transhipment Terminal draws excellent response
- Qatar Airways begins Hyderabad service
- John Anderson is new GM, India, for Gulf Air
- Ariana starts service to Frankfurt
- Emirates Airline to boost capacity over next year
- Air France’s Q2 operating profit jumps by 86 pc as cargo traffic rises
- Oman Air plans expansion
- Lufthansa Cargo raises fuel surcharge
- FedEx Freight names new east and west presidents
- Concor’s busy ICD-Nagpur setting an enviable pace
- Kelkar panel to review tax proposals
- Withdrawal of sops, additional state levies baulk prospective EOUs
- Bengal gets Central clearance to set up AEZs
- Sea King eyeing Maha Mumbai SEZ stake
- Infrastructure sector registers 5.6 pc growth during April-October
- Disinvestment an integral part of reform process: Jaswant
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| NOVEMBER 22, 2002 |
- Focus on overproduction at next OPEC meeting
- Daily bunker market report from Praxis Energy Agents
- Africa: Demand picks up on East and West Coasts
- OECD oil stocks shrink as potential supply disruptions loom
- Headline-driven oil rally takes a breather
- Rotterdam stable after recent gains
- Pacific Northwest lags behind price gains
- Key USWC markets follow Singapore higher
- US Gulf markets firm ahead of long weekend
- Brazil prices stay put in rising global markets
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| NOVEMBER 22, 2002 |
- Frankfurt unveils $3.3 billion expansion plan
- CMA CGM increases North China Express (NCX) service
- Elliot Spitz joins Noble Group
- Longest lease ever for Montreal's Cast and Racine terminals
- Air France Cargo begins "live" transactions through Global Freight Exchange (GF-X)
- The Philippine President's Award of Honour presented to the Norwegian Shipowners' Association
- AirRep appoints GSAs for Moscow service
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| NOVEMBER 22, 2002 |
- Panama Canal transits taking less time today
- Port of Longview wins award for Fibre Way project construction
- Department of Transportation opens writing contest to students
- Weekly rail figures show intermodal count stays positive
- World Trade Center Tacoma hosting China networking luncheon
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| NOVEMBER 25, 2002 |
- Disaster followed ‘rogue log’ warning
THE Prestige could have been holed by one of 200 logs lost by another vessel in the vicinity of the ill-fated tanker just hours before its Greek captain issued a distress call.
- Anomeritis turns Prestige fury on flags of convenience
Greece’s shipping minister George Anomeritis has said that Europe’s own shipping industry should not be penalised in the wake of the Prestige accident by any unilateral measures that are not applicable to shipping globally as well.
- Spill takes aframax shares to new highs
WHILE fisherman on the coast of Galicia struggle to grasp the full impact of the sinking of the 26-year-old Prestige tanker, the leading operators of aframax vessels have seen their shares rebound from historical third quarter lows to annual highs in the space of a month, writes Mark Warner .
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| NOVEMBER 22, 2002 |
- Silversea graces Manaus terminal
- EC adopts sulphur dioxide strategy
- Indians finally accept tonnage tax
- Cruise ships for New York homeless
- Prestige: EU should follow US lead
- Sickness spoils Disney's Magic
- French tanker towed into La Coruña
- Dutch berate government on TBTs
- Prestige: De Palacio speaks out
- Hanjin P moving towards Colombo
- Shanghai plans sweeping reforms
- Laem Chabang bidders short-listed
- Prestige manager: navaids working
- Study reveals tanker over-supply
- MISC net profit slumps
- Prestige: no escape for shippers
- Korea plans Asian hub investment
- FBI flashes maritime alert
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| NOVEMBER 22, 2002 |
- Northwest will expand freighter fleet
The airline could add as many as two 747-200s a year over the next four to five years, a top cargo executive said.
- FBI warns of possible ship terror strikes
- Prestige didn't have to happen: Commissioner
- War fears could tighten air freighter supply
- AIMU chief: U.S. marine insurance needs one provider
- Exel expects to meet 2002 estimates
- NY cargo exec Larsen to retire
- Bangladesh carrier to buy four box ships
- ICTSI names Gutierrez
- Autocar sites new HQ
- Consortium opens Las Palmas cold storage
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| NOVEMBER 23, 2002 |
- Les syndicats du transport routier tiennent la France en haleine
La séance de négociations entre les représentants des transporteurs et des chauffeurs routiers français a été suspendue après une heure et demie de discussions seulement, hier vendredi matin. A lissue de la réunion, les syndicats - et plus particulièrement la CGT - ont déclaré quils jugeaient les propositions des employeurs insuffisantes. Ils veulent que le patronat sengage davantage. Au moment de mettre sous presse, nous ne savions pas encore si les négociations reprendraient, ou si la grève sera déclenchée dimanche soir. Le gouvernement, en tous cas, semble être décidé à ne pas laisser les syndicats bloquer les routes.
- Le Benelux Express dOpel roule désormais non-stop entre Anvers et Bochum
Une étape importante pour le transport ferroviaire européen, surtout en vue de la libéralisation, a déclaré Karl Michael Mohnsen, président du conseil dadministration de DB Cargo Wagonload Transport, au sujet de lOpel Benelux Express, qui a effectué hier son premier transport officiel entre les usines Opel de Bochum et de la zone portuaire anversoise. Grâce à ce projet dinteropérabilité entre DB Cargo, Railion Benelux et B-Cargo, nous pouvons offrir un meilleur service à nos clients à un meilleur prix, déclare Albert Counet, general manager de B-Cargo. Paul Goris, de Railion, a profité de loccasion pour plaider pour un véritable level playing field pour le rail vis-à-vis du transport routier. Eddy Geysen, président dOpel Belgium, a surtout souligné le gain de temps de plus de 1,5 h grâce à cette nouvelle route, un aspect important pour un processus de production aussi sensible aux délais que le secteur automobile.
- FedEx lance un nouveau système pour le LCL entre les USA et lEurope
Le groupe américain FedEx a associé les forces de deux de ses filiales pour intensifier le transport de charges partielles entre les Etats-Unis et lEurope. Pour ce faire, la division de LTL du groupe, FedEx Freight, va commercialiser le service LCL lancé au début de cette année par la division dexpédition et dagence en douane FedEx Trade Networks en collaboration avec le groupe néerlandais Frans Maas. Selon Jacques Stek, business development manager du service chez Frans Maas, ceci devrait entraîner au minimum un doublement du trafic de containers LCL entre les lAmérique du Nord et lEurope.
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| NOVEMBER 22, 2002 |
- Stena prices $200m bond issue
Swedish group draws attractive 9.625% rate amid "plenty of interest."
- Tanker stocks weather week of Prestige
Genmar leads pack of companies that may be seeing "bump" from focus on younger tonnage.
- Shipyards savage Prestige
Poor maintenance cited as gales hit spill clean up battle.
- Stolt shares sink
Chemical carrier hits 52-week low on word of US probe.
- ABS opens Prestige records for review
US class society invites outside audit by IACS and other authorities.
- Green Reefers out of the red
Nomadic Shipping trades at a loss but makes big gain on dollar loan.
- Stolt-Nielsen in US Treasury probe
Tanker unit under investigation to decide whether it traded with "enemy" states.
- Gloom descends on smaller Japanese owners
Profits fall or losses widen at companies like Inui, Meiji and Tamai.
- Profits boost for reborn Navrom
Formerly bankrupt Romanian shipowner almost quadrupled earnings in first nine months.
- Sanoyas on the rise
Medium-sized Japanese bulker specialist almost trebled yard profits in first half of financial year.
- Nel Lines back in the black
Summer season boosts Greek ferry owner's nine-month financial figures.
- Canada calls for ban on FOC ships
Environment minister says its time to get tough with substandard flags.
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