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| SEPTEMBER 1, 2003 |
Shipping News
- Cosco-PSA terminal a first for both partners
THE Cosco-PSA terminal project in Singapore marks the first foray by the Chinese conglomerate into the container terminal operations business outside China and Hong Kong.
- Guangzhou to get south China's biggest shipyard
THE China State Shipbuilding Corporation plans to build a new shipyard in southern Guangzhou city which will be the largest one in south China.
- Tasman Spirit spills more crude
PAKISTANI authorities warned yesterday that the stern section of the wrecked and grounded Greek oil tanker, lying outside Karachi's main port with about 5,500 tonnes of crude oil aboard, could split open in high tides.
- Miami closes after possible ammonia leak
MIAMI The Port of Miami, one of the busiest cruise ship hubs in the world, was shut down because of a possible ammonia leak, fire officials said.
Air and Land Transport
- Airbus seeing rising demand for new planes
AIRBUS SAS, the world's second-largest aircraft maker, said demand for new planes is rising, especially from Asian carriers as passenger traffic increases following the containment of deadly Severe Acute Respiratory Syndrome .
- Sydney airport passenger load won't recover soon
- Malaysia Airports' Q2 profit hurt by war, Sars
- Sars pushes China airlines into red more than expected
- China Airlines sees full-year profit
- Jordan airline eyes future Iraq traffic
Liner Scene
- League tables give insight to mergers in ports industry
IF Hutchison Port Holdings's group managing director had wanted to stir up controversy he certainly managed that when he hit out at container port league tables last week.
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| SEPTEMBER 1, 2003 |
- Free trade zone to open at Gwangyang Port
- Famous Pacific positioned with global coverage
- Port of Los Angeles moves to environmental management
- Mediterranean lures CMA-CGM for new loop
- Hong Kong, Shenzhen western corridor gets underway
- K Line and MISC/PIL to launch CSI service
- Zim to make Tampa and Mobile calls
- Russians are coming and going with AirRep freighter
- Air travel confidence boosted by baggage screening
- Northwest launches redesigned nwa.com
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| SEPTEMBER 1, 2003 |
- AP Moller’s container shipping activities recover in H1
- NOL Group reports $ 88.7 m profit at half year
- MISC’s Q1 profits rise by 63 pc
- NYK trying anti-corrosive steel
- USSEC announce rate/BAF hikes
- China Shipping’s H1 profit jumps by 75 pc
- Italia Line adds four ports to Med/S. America run
- Zim adds Tampa and Mobile calls
- MNSL starts direct service ex-Tuticorin to Male
- US to roll-back import duty on galvanised, CR steel
- Dumping duty on Chinese fused magnesia withdrawn retrospectively from Oct. 1, 1999
- US imposes strict norms for testing presence of antibiotic residue in Indian seafood
- Rice exporters’ body wants to add Pak 385 to basmati aroma
- Gopalpur port: Orissa Dy Speaker confers with Dilip Gandhi
- KSPL signs MoU with exporters to handle 5 m tonnes of iron ore in 2003-04
- OSL sets record by loading single parcel of 52,800 tonnes ilmenite
- CONCOR’s exim train ex-TKD reaches Mundra Port with MSC boxes
- Capt. J. Sarbh speaks his mind on NSICT congestion, transport chain
- Rs 400-cr. export target set for coir sector
- Govt revises wheat, rice export prices
- More textile gear come under TUF scheme
- Govt sets 3-m tonne sugar export target
- GDP growth may exceed projected 6 pc in 2003-04: RBI report
- Govt may relax steel import norms: Minister
- Expressway to link Ahmedabad & Vadodara in 6 months
- Envoy calls for signing of India-Singapore economic co-operation agreement
- Fieo to hold open house with Customs, Excise chief on Sept. 3
- 1-page Saral form for excise duty payers soon
- Confusion on service tax to be cleared soon, assures CBEC official
- CII move to form CEOs forum with Pak
- Fieo heads meet Saudi Consul General
- CII conclave in Bangalore on Sept. 12 & 13
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| AUGUST 29, 2003 |
- Microlog Logistics AG expands board
- "K" Lines tanker fleet now nearly completely double-hulled
- Royal Jordanian - course set for Basra
- Port expansion in Magdeburg
- Roehlig lifts gross sales and annual earnings
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| AUGUST 29, 2003 |
- Hard verdicts in Finnish bribery case
- Russia continues to challenge PSSA application
- German road tolls from 2 November
- Efforts to pull off "Sea-Land Express" tomorrow
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| AUGUST 29, 2003 |
- Bollinger redelivers supply boat
While it looks like a new vessel, ELSA LEIGH is the former SEACOR CLIPPER after an extensive renovation at Bollinger's Morgan City shipyard.
- Cruising pumps more into U.S. economy
The North American cruise industry generated $20.4 billion in economic activity within the United States in 2002
- DMS/Austal preferred tenderer for RAN patrol boats
Contract expected in November
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| AUGUST 29, 2003 |
- Tacoma overpass project nets $4 million in federal funding
- Carload count pushes down weekly rail freight totals
- Portland Airport marks anniversary of Volunteer Information Program
- A. Paul Anderson joins Federal Maritime Commission
- North American cruise business makes positive move during 2002
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| SEPTEMBER 1, 2003 |
- Tasman Spirit oil spill ‘bigger than first feared’
SALVORS handling the Tasman Spirit outside the port of Karachi switched their attention on Friday to pumping cargo from the aft section of the broken tanker.
- Fulford-Smith takes over Clarksons LNG role
CLARKSONS’ Richard Fulford-Smith is taking over the company’s responsibilities in joint venture LNG Shipping Solutions following the departure of Charles Peile to client Golar LNG.
- BP brings Slavneft into Russian joint venture
OIL giant BP has agreed to pay $1.35bn to add Russian oil producer Slavneft to its $6.3bn TNK deal.
- Kiln syndicate 557 tops Lloyd’s profit table
A SYNDICATE managed by R J Kiln has scooped top position in the Lloyd’s profitability league, after latest returns for 2002 were filed.
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| AUGUST 29, 2003 |
- Miami port hit by ammonia leak
- Advance notice cost underestimated
- Breakers deny Greenpeace claims
- Malta defends Tasman condition
- Greeks fear ferry chaos
- Tasman Spirit stern poses danger
- Court orders sacking in bribe case
- China's yards become aggressive
- Star shuns LauritzenCool offer
- Timber must be better secured
- Golar LNG seeks consolidation
- Tokyo MoU cracks down on bulkers
- Critical window for Sealand Express
- Saudi sheep shipments suspended
- NZ lifts tanker restrictions
- China Petroleum plans for imports
- NZ set for box bio-security regime
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| AUGUST 29, 2003 |
- CMA CGM, Hapag-Lloyd shake up Med
The carriers are instituting separate moves that will boost capacity in the U.S. East Coast-to-Mediterrranean trade -- and could lead to rate-cutting.
- Spill cleared, Port of Miami reopens
The port shut down for a little over an hour Friday morning after ammonia spilled in a cold storage area.
- United won't add freighters this year
The company now plans to return to the all-cargo market next year.
- Plan approved for transshipment hub in northern Britain
- Professor: AStar owners scored a 'sweetheart deal'
- North, South Korea pledge rail link this year
- Korea reports steady return of container flow
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| AUGUST 29, 2003 |
- Zeeland parliament to re-apply for Westerschelde permits
The Dutch province of Zeeland - in which the port of Flushing lies - wants to launch attempts to revitalise the Westerschelde Container Terminal (WCT).
- Set fair. Soaring rates sees Hapag Lloyd boost interim returns
German carrier Hapag Lloyd (HL) continued the current trend within liner shipping posting massively improved returns following a significant correction in freight rates on its major trades.
- Russian rail privatisation pushes prices up
- NeCoSS doubles capacity on Bremen and Schweinfurt routes
- Asian carriers launch intra-Asia service
- Ammonia leak shuts Port of Miami for Two hours
- Containerised reefer capacity overtakes bulk space says consultant
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| AUGUST 29, 2003 |
- OMI grows on two fronts
US owner orders ice-classed handysize, manages Konig suezmaxes.
- Anderson joins FMC
Former Hvide man replaces Delmond Won as commissioner.
- Star Reefers opts to buy duo
Norwegian owner’s main shareholder Kristian Siem offers chartered-in ships for sale.
- Sonatrach to ship LNG for Statoil
Existing ships or chartered vessels expected to carry Algerian gas to US.
- Box rates rise into Persian Gulf
Containership conferences to push up tariffs from Europe in October.
- CSIC opens Beijing trading office
China's northern shipbuilding grouping looks to international market for growth.
- MMM boss lines up share sell-off
Shahrazi Sha’ari reportedly close to sealing deal to reduce his holding in Malaysian owner.
- Evergreen back in the black
Taiwanese container line posts net profit in first half, but performance dipped in second quarter.
- Salvors to try again with Sea-Land Express
Another refloat effort planned for high tides at the weekend.
- First Steamship income soars
Another Taiwanese shipowner cashes in on booming Asia business, but sales slump.
- Shih Wei bulks up earnings
Taiwanese dry cargo player is having a good 2003.
- NOL finance chief ups stake
Lim How Teck, chief financial officer at Singapore flag carrier, exercises share options.
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| AUGUST 30, 2003 |
- Customs changes AES filing rules for vessel operators
- NYK Reefers to take 50% share in LauritzenCool
- Second TOTE vessel prepares for first Alaska run
- U.K. marine accident branch issues timber deck study
- USSEC posts 5% currency adjustment factor
- Crowley to launch Haiti service
- Anderson begins work at FMC
- Pilots press for handguns in cargo planes
- Corporate governance expert: Astar under de facto control of DHL
- Delta Air Logistics offers 3rd-party online booking domestically
- Icelandic cargo carrier leases aircraft
- Astar executive Rossum becomes CFO
- South Korea truck strike over
- MOL's logistics affiliate in China obtains agency license
- Shipco strengthens business to India
- UNCITRAL study group to meet Sept. 4 in Washington
- Bush authorizes Ex-Im Bank to support Iraq exports
- North American millers to fight higher tariffs for Canadian wheat
- USDA raises fee for new export health certificate
- Tibbett & Britten France picks Croatto as managing director
- CNF unit selects Freightgate's software for service contracts
- ITC's Simpson retires
- ProLogis names De Jong-Douglas European manager
- U.S. industry pegs Canadian softwood lumber subsidy to 30%
- GAO slams Air Force for sloppy parts distribution management
- USDA proposes standards for privately owned quarantine facilities
- Hong Kong's Tsang to speak Sept. 17 in New York
- Defendants plead guilty in Port Everglades security case
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