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| APRIL 1, 2003 |
Shipping News
- Cruise centre steps up checks on passengers
THE Singapore Cruise Centre has initiated a 'second line of defence' alert to screen arriving international passengers to prevent Singapore's spread of the sometimes deadly Severe Acute Respiratory Syndrome.
- Vessels warned to keep clear of warships in Gulf
FOLLOWING attacks by Iraqi combatants disguised as civilians and the recent suicide bombing, coalition forces have again warned all vessels and aircraft operating in the Arabian Gulf area to stay clear of their warships.
- MOL launches green ship
IN a high-tech push towards greener shipping, Japan's Mitsui OSK Lines has launched a new generation container ship with a different fuel storage system designed to 'greatly reduce the risk of oil spills'.
- MISC carriers on long-term charters
MALAYSIA International Shipping Corporation has secured long term charter agreements for its five newbuild liquefied natural gas
Air and Land Transport
- US orders major security changes at several airports
US Federal authorities will order major security improvements at several of the nation's largest airports after inspections showed that passenger planes taking off or landing at those airports would be vulnerable to attack by terrorists using shoulder-fired missiles, senior Bush administration officials said.
- Profit forecasts for Qantas cut on war, Sars fears
- 10,000 passengers cancel flights: JAL
- Air Canada running low on cash
- Log Book
Features
- Bankruptcy may not solve carriers' woes
EVEN as US Airways gets ready to roll off the operating table, American Airlines is steeling itself to go under the scalpel of bankruptcy court restructuring.
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| APRIL 1, 2003 |
- Bloom in gloom: Liner expands into container freight station
- Informal Rate Agreement carriers raise TARS, FAF rates
- Kuehne & Nagel operating profit up CHF41m in 2002
- Port of NY/NJ reports 13pc growth in cargo in 2002
- PSA begins transforming into a multinational corporation
- China National Aviation 2002 net profit up 47 per cent
- Airports, air traffic control must reduce costs: IATA head
- Kuehne & Nagel transports heavy transformer to Phoenix
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| APRIL 1, 2003 |
- Minister to attend shipping seminar on April 3
- Taiwan official’s call for joint IT ventures with India
- India may sign anti-dumping pacts with EU, China & S. Korea
- Wheat exporters hopeful of Iraq honouring deal
- New power plant may bring NMPT addl 7 m tonnes cargo: KCCI
- Dynamic Logistics’ ICD-Dighi starts LCL imports on regular basis
- DGL accorded MTO status
- Forex reserves inflow trickled down to $ 178 million last week
- ECGC wants Centre to act as re-insurer of high-value project exports
- Customs duty to come down to 15 pc by 2005: CBEC member
- Jaitley makes it easier for exporters
- Highlights of Exim Policy
- RBI to continue with Dec. 21, 2002 forex relaxations
- Govt may fortify Exim Bank’s authorised capital, activate export fund
- Spinning mills want free import of waste cotton
- Vizag, Kakinada Customs to go online soon
- CII Agriculture Summit on Thursday
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| MARCH 31, 2003 |
- Anderson Hughes & C0. Ltd staff announcement
- Canary numbers see large rises on the back of inflated crude
- Weather bothers Baltic bunker suppliers
- Swedish trader closing due to company restructuring
- Oil price jitters on questions over Iraqi, Nigerian exports
- Oran Bunker personnel announcement
- Rotterdam largely unchanged since Friday
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| MARCH 31, 2003 |
- Management team appointments complete at Toll Collect
- Two new cranes for French terminal
- Menzies World Cargo issues preliminary results for 2002
- Intercontainer Austria posts a positive result for 2002
- TNT Express Russia doubled sales in 2002
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| MARCH 31, 2003 |
- Anti-war action against shipowners
- Majority supports Fosen against Gabrielsen
- Action against liner conferences
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| MARCH 31, 2003 |
- Situation in Umm Qasr
Not yet clear for commercial operations
- Float out in Philadelphia
Milestone for Kvaerner Philadelphia
- Cunard to have a third Queen
Fincantieri newbuilding to be named Queen Victoria
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| MARCH 31, 2003 |
- Department of Transporation branch issues new hazmat shipment rules
- Steel imports for February down over one third from January
- Annual Seattle Steamship Dinner set for Saturday at Odyssey Center
- Over 80 percent of Teamsters ratify new master freight package
- Newman Burrows buys Pacific Fishing Magazine
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| APRIL 1, 2003 |
- Wallem gets close to V.Ships
CLOSE Brothers Private Equity has bought a 45% stake in V.Ships, the world’s largest shipmanagement concern.
- Chamber of Shipping extension of war risk area leaves unions wanting more
THE Chamber of Shipping has extended the area covered by the war risk agreement for seafarers in the northern Arabian Gulf, although UK maritime unions are not particularly happy with the deal, writes David Osler.
- Tough economy spurs Meyer Werft to axe staff
GERMAN cruiseship specialist Meyer Werft, is to lay off 800 of its 2,600 workforce.
- Yantian expansion plans give rise to massive container crane order
MASSIVE expansion plans at Yantian International Container Terminals in Shenzhen, China, have yielded contracts to fulfil one of the largest ever orders for container cranes in the space of nine months, writes Hugh O’Mahony.
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| MARCH 31, 2003 |
- More changes for automated filing
U.S. Customs officials are optimistic that recent changes in the Automated Manifest System will improve release of cargo for NVOCCs.
- Dems want more port security money
Raise political ante over port security funding as debate over budget appropriations heats up.
- Call for integrated intermodal strategy
A new study is calling for a national intermodal freight transportation policy and new ways to pay for intermodal infrastructure.
- Air cargo volume up 4.4% in February
- PSA Corp. restructures senior team
- TACA raises reefer rates
- Atlas suspends aircraft payments
- Lines add India feeder surcharge
- USCO writedown sinks KNI profits
- New boxship joins Lykes fleet
- Fresh capital for V.Ships
- KLM gets new 747 freighter
- Saudi Arabian Airlines adds war surcharge
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| MARCH 31, 2003 |
- Israeli shippers celebrate key THC triumph
Israeli shippers are celebrating a significant victory in the terminal handling charge (THC) debate following Israel’s competition commission’s ruling that the charges are illegal.
- ANL: Talk of Australia/E.Asia COZ rival is 'premature'
Zim’s suggestion that a new Australia/East Asia grouping may emerge from disagreements within the COZ consortium has been described as ‘very premature’ by one of the touted members, ANL.
- Bush to visit port of Philadelphia
- Extra risk surcharges reflect differing calculations
- PSA announces sweeping management re-structuring
- Brazil cargo boom drives CVRD land/sea logistics growth
- New rule will cut cost of tariff filing errors to FMC
- Yang Ming launches Taiwan/Philippines shuttle
- North/South Europe rail axis: beating the Basel bottleneck
- New Duisburg boxtrain as ICA volumes climb
- Korean Customs comes to small forwarders’ AMS aid
- Busan City finalises port authority deal with ministry
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| MARCH 31, 2003 |
- Nomadic writes down debt
Erik Thulin confident as he casts off financial albatross of overvalued reefers.
- Peace protesters target Frontline chiefs
Lorentzon, Troim and Wilhelmsen’s Bangsmoen accused of being war profiteers by "stupid idiots."
- Lloyd’s Register told to check QE2
UK accident report into leak aboard Cunard ship recommends examination of water inlet pipes.
- Tokyo MOU opts to home in on flag states
Committee agrees to introduce a black-grey-white list to assess performance.
- V.Ships targets growth
Tullio Biggi and Neil Murphy set course for acquisitions and stock listing.
- Seafarer killed in tanker blast
Explosion rocks Byzantio during transshipment with ULCC off Hong Kong.
- Equity firm takes chunk of V Ships
UK-based Close Brothers acquires 45% of shipmanager as Vlasov family's control dilutes.
- More war risk surcharges in Middle East
Feeder operators linking UAE to India, Pakistan and Sri Lanka add at least $15 per teu.
- Greek handymax loads for Iraq
American Club gives George Gourdomichalis vessel green light for aid cargo.
- Humpuss earnings down by a third
Indonesian tanker and gas carrier owner hit by sales of subsidiaries in 2002.
- Gdynia president ousted
Polish shipyard boss Janusz Szlanta kicked out as yard's credit comes up for review.
- NYK goes Dutch
Logistics arm of Japanese owner buys warehouse and distribution outfit TTG-Edam.
- BLT eyes up fresh tanker growth
Berlian Laju Tanker has been considering projects involving VLCC tonnage.
- Up to 14 bidders in race for Varna
Bulgarian shipyard extends deadline after strong interest in controlling stake.
- Portek posts heavy fall in interim figures
Container crane builder and lessor sees close to 35% year-on-year decrease in half-year results.
- MISC inks LNG finance
Syndicate of eighteen banks stumps up $820m in loans for six-vessel newbuilding programme.
- Dockendale fined over oil spill
US authorities penalise Bahamian owner almost $100,000 over pollution of Colombia River.
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| MARCH 31, 2003 |
- CTAC to review issues for bulk hazardous materials transport
- V.Ships obtains funding from Close Brothers
- Coast Guard finalizes tanker security zone rule for Puget Sound
- St. Lawrence Seaway opening marks start of mandatory AIS
- Atlantic lines raise Eastbound reefer rates
- U.S.-flag vessel industry wants cargo preference upheld in Iraqi war
- Coast Guard rules for 96-hour advance notice take effect
- TACA carriers to await final ruling on $300-million EC fines
- European Commission investigates Asia/Europe car carrier operators
- NYK introduces Far East/Middle East risk surcharge
- Evergreen takes Asia/Panama slots on Lloyd Triestino/Zim ships
- CKYHS alliance alters Asia/Europe rotation
- Cargolux signs one-year contract with GF-X
- EGL Global Logistics opens facility in Aberdeen
- Schneider National names VPs
- Ryder CFO resigns
- European Union endorses open rail freight competition
- Teamsters ratify long-term motor carrier contract
- Phoenix International acquires British forwarder
- Coca-Cola picks Exel to manage supply chain in Mexico
- Operation Andes increases seizures of drug precursors
- USTR, USDA hold out hope for agricultural subsidy, tariff reductions
- PSA revamps organization
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