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| NOVEMBER 27, 2002 |
Shipping News
- Rising trend for Asian carriers to call at New York
THE Port of New York/New Jersey is benefiting from 'long term' shifts of strings from Asia, on top of temporary volumes gained during the US West Coast port shutdown and subsequent backlog, according to the port authority.
- Jakarta threatens to raise fines of detained dregers
- Stranded car carrier catches fire, leaks fuel off Japan
Air and Land Transport
- Proposed Air NZ-Qantas tie-up flies into turbulence
AIR New Zealand's planned marriage to Qantas that will create a virtual domestic airline monopoly is flying into a gathering headwind of opposition.
- Major US airlines must explain flight delays
- Air China pilot warned to pull up before S Korea crash
- Australian airport security inadequate: union
- Hainan Airlines shares gain after addition of stock
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| NOVEMBER 27, 2002 |
- Modern Terminals first to ink security deal with Port of LA
- Con-way and DFDS Transport form global partnership
- Super Corporation introduces new extendable height rack
- Hapag-Lloyd predicts above average Asian market growth
- Lufthansa's operating result for first nine months up 172pc
- Qantas and Air New Zealand alliance takes off
- Singapore's hub status boosted by S$210 million in discounts
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| NOVEMBER 26, 2002 |
- Walkout cancels French flights
Air traffic controllers throughout France walked off the job Tuesday as part of a national protest by civil servants, forcing airlines to cancel hundreds of flights.
- Grounded cargo ship blazes out of control
A freighter carrying nearly 4,000 vehicles is blazing out of control near an island south of Tokyo.
- Taiwan, China to gain from direct transport links
Taiwan and its rival China would benefit financially from the proposed lifting of a half-century ban on direct transport links, but Hong Kong would be a big loser, according to a study by the Mainland Affairs Council, Taiwan's China policy decision-making body.
- Six MAS employees arrested for cargo theft
Five were working at the cargo area for MAS while the sixth is a clerk, Kuching City police chief Assistant Commissioner Rozin Yusuf told.
- FedEx Freight launches European service
FedEx Freight, in cooperation with FedEx Trade Networks, will now offer less-than-container-load (LCL) service to and from Europe, via FedEx Trade Networks Ocean Transport Service and in cooperation with Frans Maas in Europe.
- KLM labor agreement with unions
Negotiation delegations from KLM Royal Dutch Airlines and 8 different Dutch union organizations have reached an agreement concerning the content of distinct collective labor agreements between April 1, 2002 and March 31, 2004. The accord is subject to approval by the unions’ members.
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| NOVEMBER 27, 2002 |
- Cruise ships to house New York homeless
- Hamburg Sud takes over Andrew Weir Shipping liner services
- North-South Corridor project: Lt Cdr. R. Srinivasan to represent WISA on 2 expert groups
- Agri products exports rise to Rs 10,169 cr. in 2001-02
- India, South Africa to sign free trade pact
- Project exports total Rs 1,434 cr.
- Dumping duty on fluorescent lamps from China, HK
- Holland ready to invest in dredging, infrastructure
- Vegetable oil imports register 9 pc decline in November-October 2001-02
- Indian furniture market poised for growth
- Garment exports surge by 15.2 pc in April-October
- Services sector exports to be popularised abroad with logo of ‘Served from India’
- Vanaspati trade seeks duty cut on crude palm oil
- Vizag Port seeks more space
- Jet’s daily service to Kolkata-Bagdogra
- Govt to ease FDI rules: Jaswant
- Speedy reforms vital for 8 pc growth, emphasise industry leaders
- Committee recommends restrictions on imports of services
- Karnataka drawing up coastal SEZ blueprint
- Agri task force report presented to PM
- Gist of public notices/circulars/notifications-Compiled By M. Sreedharan
- Truck terminal near Kolkata to be completed by March ’03
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| NOVEMBER 26, 2002 |
- US East Coast: Demand picks up ahead of holidays
- Panama: Canal congestion, Balboa still dry
- A Russian review: Rising demand in the north
- Daily Bunker market report from Praxis Energy Agents
- EU proposal coming to impose 23-year age limit for tankers
- OPEC quota discipline seen improving ahead of December meeting
- Argentina market update
- The Baltic in Brief
- Platts forces Fujairah indications down from a higher start
- No complaints in the Great Belt
- Venezuela: National labour strike scheduled for Dec. 2
- Uruguay market update
- Rotterdam November/December spread opens wide
- Singapore market takes a breather and corrects lower
- Cargo falls nudge Hong Kong into reverse
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| NOVEMBER 26, 2002 |
- Norbert Dentressangle reports increase in turnover
- GT Logistics wins new contract
- Exel acquires Eagle Freight
- DHL builds its network in North America
- Deutsche Post reduces staff and streamlines its branch network
- Germanischer Lloyd in upbeat mood
- Taca: EU Commission grants anti-trust immunity
- Messina to Dar-es-Salaam
- Schenker maintains position
- Hamburg Süd
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| NOVEMBER 26, 2002 |
- St Pé involved in FGO acquisition
Though he says it's premature to talk about it, former Ingalls president Jerry St Pé confirms he's associated with ACON Offshore's planned acquisition of the assets of Friede Goldman Offshore
- Spain asks IMO Council for action
The 89th session of IMO's Council began in London yesterday--and there was an extra item on the agenda for the inaugural session.
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| NOVEMBER 27, 2002 |
- Crown cashes in with older tankers
SHIPS chartered by Crown Resources, the charterer of the tanker Prestige, have almost doubled in age since the Erika sank in December 1999, in stark contrast to the gradual reduction in the age of tankers used by the rest of the industry.
- Focus is on steel repairs
THE flag state probe into the Prestige accident will focus on steel repairs, the Bahamas said yesterday as it identified the master as ordering the tanker’s righting after it began listing off Spain, writes Michael Grey.
- Europe 'not a dumping ground for old tankers'
Europe is not a dumping ground for old tankers, despite the impression that has been conveyed by publicity surrounding the sinking of the 26-year-old Prestige, a leading shipping consultant said yesterday, writes Tony Gray.
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| NOVEMBER 26, 2002 |
- Prestige master ‘treated shabbily’
- Peru exporters to build gas port
- HAL faces first Amsterdam lawsuit
- Colombian coal exports cut
- Canada issues heavy pollution fine
- IMO bulker credibility on the line
- Essar Shipping ends seizure threat
- Hanjin P arrives off Sri Lanka
- Gaz Poem fire danger recedes
- Fast ferry close to collision
- Food aid train derailed
- Chirac tightens risk restrictions
- Volgotanker signs safety agreement
- Seven-year dispute halts ro-ro
- Greece to target maritime safety
- Grounded car carrier ablaze
- Singapore tightens trading rules
- Mangouras appeal response latest
- London Club warns of Somali risks
- VLCC loadings may be suspended
- Shenzhen to build 32 berths
- Deadline set for Thai privatisation
- HMM seals 'no-strike' pact
- Bush signs port security bill
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| NOVEMBER 26, 2002 |
- Containers choking West Coast ports
The jam of vessels has been cleared out, but congestion at marine terminals and gates is still a significant problem, shippers and truckers say.
- Canadian National cuts jobs, outlook
Canada's largest railroad is cutting 1,146 jobs in a cost-cutting effort and taking charges totalling $252-million against fourth-quarter earnings for severance costs and a new accounting method for U.S. personal injury claims.
- Port of Los Angeles, Hong Kong operator in box security pact
- FedEx jumps on Hong Kong rights
- Protests snarl French air, rail traffic
- Port of Houston boosts tariffs
- Singapore moves to fend off air challenges
- Evergreen wins US-Brazil air-cargo rights
- Varig on verge of bankruptcy
- Canada ocean line draws big pollution fine
- Grounded car carrier burns off Japan
- Norfolk Southern terminates poison pill
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| NOVEMBER 27, 2002 |
- Kühne & Nagel conclut un contrat logistique avec Airbus
Airbus Deutschland a confié toutes les activités logistiques liées à la production du nouvel Airbus A380 à Kühne & Nagel. Le groupe logistique suisse va pour ce faire construire un centre logistique dédié flambant neuf à Hambourg. Le site sera réalisé et géré par Stute, une filiale de Kühne & Nagel.
- David Whitehead (ESPO): “Les directives européennes constituent une menace pour le développement portuaire”
L’European Sea Ports Organisation (ESPO) a tenu la semaine dernière à Gênes un séminaire sur les zones de tension entre les tentatives de développement portuaire en Europe et les obstacles d’ordre technico-environnementaux à ce développement. David Whitehead, le président de l’organisation portuaire, estime que la directive Habitat fait trop pencher la balance du côté environnemental et qu’il faut modifier la législation actuelle.
- La France risque d’entrer dans une zone de fortes turbulences sociales
Le conflit des conducteurs routiers vient de tourner court en France (voir article en page 3). Mais il ne faudrait pas en déduire que la grogne est apaisée, et encore moins qu’elle se limitait aux conducteurs routiers. La France risque de connaître une période de conflits à répétition. A chaque fois, le secteur des transports est pris comme cible privilégiée, comme vient encore de l’illustrer la journée de mardi.
- Seagha facilite aussi la facturation électronique
Seagha est le 4e fournisseur d’accès en Belgique à obtenir l’autorisation d’intervenir en tant que plate-forme centrale pour l’envoi de factures électroniques. Les entreprises désirant éviter la corvée du traitement des factures papier sont ainsi épargnées d’une procédure fastidieuse.
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| NOVEMBER 26, 2002 |
- Bahamas to probe Prestige steel renewal
Flag state blasts Spain for preventing access to sunken tanker's master.
- Carnival vessels on CDC sicklist
Amsterdam passed muster but two others needed second try for passing grade
- Bugged passengers bite back
Holland America hit with class-action suit over Amsterdam outbreaks.
- Negative energy at El Paso
Moody's downgrades $25bn in securities for Texas giant
- Union Fenosa to buy gas from Oman LNG
Spanish energy company has yet to decide how to ship its product.
- Adriatic superiority bolsters Attica
Greek ferry operator holds on to top ranking on routes to Italy in first nine months.
- UK castigates frugal owner
Crew of Greek managed tanker found living in "spartan and extremely shabby" conditions.
- American Club seeks hefty increase
Revised call system also pushes up cost of advance premium.
- De Palacio ready to ban 23-year-old tankers
European Transport Commissioner is proposing tough new measures in wake of Prestige fiasco.
- Readers write about Prestige
TradeWinds today readers share their views on the aframax tanker sinking.
- Fosen Mek axes 100 jobs
Losses on The World cast shadow over Norwegian yard.
- Stranded Hual Europe catches fire
Island residents evacuated as oil leaks from car carrier and smoke from blaze blows on land.
- KTF's reefers left on the shelf
Cheaper sell-off likely after initial privatisation of Lithuanian owner attracted no interest whatsoever.
- Korean fund investors agree terms
German ship manager and US broker join new shipping investment venture.
- Haji-Ioannou tanker in Welsh spill
Pinhole leak cited as probable cause of Milford Haven incident.
- Cosco Pacific takes port stake from parent
Hong Kong arm of Cosco group buys 17.5% of Shekou Container Terminal in China.
- SembCorp inks Karimun acquisition
Singapore engineering group buys remaining minority stake in Indonesian repair and newbuilding yard.
- Navibulgar clinches Varna loan
Cash from banks will allow Bulgarian owner to complete two bulkers at its own shipyard.
- Navigators plays down Prestige impact
US maritime insurer says tanker incident will have negligible effect on full-year results.
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