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| SEPTEMBER 4, 2003 |
Shipping News
- S'pore logistics firm wins $72m Bintan estate deal
HAMPERED for a number of years by poor logistics infrastructure, the Bintan Industrial Estate has now turned to Sembawang Kimtrans Ltd to manage its logistics and port operations in a bid to attract more manufacturers to the low-cost production site.
- Aceh rebels behind piracy attacks in Malacca Straits: IMB
ISSUING fresh warnings to commercial shipping following the recent wave of violent pirate attacks in the Malacca Straits, the International Maritime Bureau says evidence points to separatist rebels from the war-torn Indonesian province of Aceh.
- Seoul takes EU shipbuilding row to WTO
SOUTH Korea yesterday took its shipbuilding dispute with the European Union to the World Trade Organization in a tit-for-tat action against its European rivals.
Air and Land Transport
- 5,000 extra sky marshals to be ready during high alert
THE Department of Homeland Security will reorganise to make 5,000 additional armed federal agents available for commercial flights at times of heightened danger, Secretary Tom Ridge announced on Tuesday.
- Major aviation meet here to discuss 'hot issues'
- Virgin Express' net profit plunges 96% in Q2
- Emergency landing for American Airlines jet
- Singapore Air Cargo leases freighter plane to Air China
- Seoul vows tough action to end truck drivers' strike
Newbuilds
- LNG carrier orders pending
THERE are no confirmed LNG carrier orders to report this week but there is certainly a lot of activity in this sector and the prospect of significant numbers of orders for this sophisticated and expensive class of ship.
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| SEPTEMBER 4, 2003 |
- Hamburg Sud shortens sailing time to HK on Asian Pacific service
- P&O Nedlloyd and Log-Net in Shanghai joint venture
- DHL and McGregor expand logistics partnership
- Arnold takes to the water
- Celestica rewards Panalpina's first-year efforts
- Cosco, PSA agree terminal venture in Singapore
- WTSA sets cotton rate guidelines for Asia trade
- PDZ to open new trade line
- Piracy off Bintan a concern: IMB
- SIA to review business processes
- FedEx launches first direct flight from S China to N America
- Atlas extends agreement with EETC holders
- Astar Cargo promotes Gary Hammes to top finance position
- BDP Singapore takes first award
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| SEPTEMBER 4, 2003 |
- China threatens to impose dumping duty on Indian steel
- Dumping duty on Vitamin E from China recommended
- Hamriyah Free Zone offers I-T exemption, other sops for Indian cos
- Basmati lures retail chains to India
- No sops given for textile exports, India tells WTO
- Centre to offer additional sop for sugar exports
- Deals worth Rs 250-300 cr. struck at garment fair
- Visakha Container Terminal fully geared to receive ICD traffic by rail
- DGS initiates move to usher in e-governance regime
- Shipping Ministry moots Kolkata-Patna waterway to transport Nepal cargo
- Seacon to resume Vizag service - 1st vessel to call at Vizag Port on Sept. 6
- PIL to anchor at MICT
- IPBCC lines to implement rate increases in October
- Essar Oil offers cheaper diesel!
- Fieo signs MoU with Chinese body
- Formula for SEZ success spelt out
- Govt may make it easier for car importers
- Volkswagen to set up unit in Vizag SEZ
- Ficci survey finds Indian, Singaporean firms favouring early action towards FTA
- An idea that became a spicy business!
- Indo-Gulf wins Asia Pacific Quality Award 2003
- P. Rameshkumar at helm of VSEZ
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| SEPTEMBER 3, 2003 |
- USWC supplier getting ready for East Coast market
ConocoPhillips is about to start physical supply in New York.
- Tight avails keep US East Coast prices supported
- OPEC off the hook at half-way point once again
Bang on cue after the basket price fell back into the range yesterday, OPEC officals have been keen to tell the world that the oil market is "in balance".
- New bunkering terminal inaugurated in Riga
A brand new bunkering terminal was officially opened in the territory of Free Riga Port ("Rinuzhi") on Friday August 29.
- Egyptian prices resist world trends
- Korea busy despite bear market as holiday looms
- Piraeus unable to resist the regional trend
- Rotterdam market largely steady
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| SEPTEMBER 3, 2003 |
- Müller-Gysin AG: Change of management
- Rotterdam braces for protests over EU’s Port Liberalisation Package
- Qatar Airways launches first services to Europe
- Austrian toll collector urges truck operators to order OBUs in time
- tts Global Logistics and the Ullrich Group establish new JV
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| SEPTEMBER 3, 2003 |
- Tordenskjold declared bankrupt
- Torm holding changes hands
- 155 million tons of cargo in Swedish ports 2002
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| SEPTEMBER 3, 2003 |
- Euro investigators probe ferry operators
European Commission officials have carried out simultaneous unannounced inspections at the premises of a number of operators of cross-Channel and Nordic ferries
- Teekay to provide Brazil shuttle tankers
Will acquire then convert two newbuildings
- Casino boat contract for LEEVAC
Will be part of Pinnacle Entertainment's Lake Charles development
- Navy contract for Cascade General
Military Sealift Command award
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| SEPTEMBER 3, 2003 |
- Port of Everett eyes project to bring gantry cranes to wharf
- Hamburg Sud changing Asia-Pacific service rotation
- Hanjin plans to reach industry through rose-scented brochure
- Crowley wins safety award from Alyeska Pipeline Service
- Corps of Engineers announces winter schedule for Columbia/Snake locks
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| SEPTEMBER 4, 2003 |
- Brussels launches north European ferry cartel probe
BRUSSELS raided the offices of a string of north European ferry operators yesterday as the European Commission opened a far-reaching probe into the Nordic ferry business and cross-Channel transport.
- ...As Erck hires Flemming Jacobs as liner consultant
FLEMMING Jacobs is teaming up with Erck Rickmers. head of one of Germany’s biggest and fastest growing shipping fleets.
- Rickmers brothers get back together in Harper Petersen...
Erck and Bertram Rickmers, the brothers who separately control two of Germany’s leading shipping groups, are joining forces in Harper Petersen, the London and Hamburg containership broker.
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| SEPTEMBER 3, 2003 |
- Teekay not behind latest Torm buy
- Rio to cut Brasilia's purse strings
- Rickmers brothers in broker move
- Coming clean in Karachi?
- Teekay in Brazil charter deal
- UK makes demands on ghost ships
- IMO captive of "mire of corruption"
- Indian Oil ignores cabotage laws
- Balearia shut out on Gib Straits
- Costa in Barcelona cruise deal
- China angered by pipeline delay
- Greek dockers protest over rival
- South Korea strikes back at WTO
- Thales' HDW bid probably rejected
- Courts get tough on cruise giants
- Israel repairer goes to sea
- Carnival consolidates in Germany
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| SEPTEMBER 3, 2003 |
- DHL to cut nearly 3,000 U.S. jobs
The U.S. unit of Deutsche Post World Net will trim 2,870 workers following its acquisition of the ground-express delivery operations of Seattle-based Airborne Inc.
- KLM cargo soars
Europe's fourth-largest carrier carried 9 percent more cargo in August than in the same month last year as the boom in Asian traffic gathered pace.
- NYK, LauritzenCool in reefer deal
Lines ink long-term tonnage sharing agreement, while NYK acquires 50 percent of LauritzenCool Logistics.
- Union joins campaign against Chinese textile imports
- Hamburg cuts Asia transit time
- Georgia ports off to strong start
- Pacer Stacktrain expands Mexico-U.S. Northeast service
- "K" Line service will link China, India region
- EU trustbusters raid ferry operators
- American Airlines adds Web cargo booking
- Tax ruling to boost FedEx 1Q
- World Trade Institute re-opens in NY
- UPS launches global volunteer challenge
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| SEPTEMBER 3, 2003 |
- New Klang feeder services put pressure on rates
Port Klang Terminal is pushing ahead plans to add Indonesian corridor feeder services to ‘up to 10 destinations’, despite industry claims of overcapacity.
- Stagnant charter market as owners wait for autumn rush
- Asia/Australia rates up again
- Former NOL president takes temporary job with Erck Rickmers
- Vancouver waterfront labour negotiations resume
- K Line takes slots on Evergreen’s North Europe-East Med service
- Latvijas Dzelcels puts Moscow freight to Riga on scheduled footing
- Truckers’ strike hits Gwangyang’s August volumes
- Maersk Sealand introduces Mediterranean relay
- Nordana Line routes cargo to West Africa
- Maldives National Shipping extends its Colombo shuttle
- ANZDL maintains Tasman ro-ro option despite smaller ship
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| SEPTEMBER 3, 2003 |
- EC raids European ferry operators
P&O, Stena and others under investigation for price-fixing.
- Kogas confident on winter LNG shipping
Korean gas buyer says there will be spare ships available at year-end.
- Rickmers brothers pool fleets
Siblings kiss and make up in chartering tie-up.
- Frontline not committing yet on re-leverage plan
Company has potential to reap over $300m, but current cash reserve is around $200m.
- Eckero Line boss to step down
Jarl Danielsson relinquishing top job at Finnish ferry operator after 18 years.
- Clarksons' profit soars
Shipbroking giant riding high on strong shipping markets.
- Lorenzo dogged by higher costs
Philippine feeder operator endured higher expenses in first half, as well as more foreign competition.
- Korea counters EU in WTO shipbuilding row
Next volley fired in saga over yard newbuilding pricing.
- Losses lengthen at Lenac
Troubled Croatian shipbuilder Viktor Lenac still losing money in 2003.
- Political pirates threaten Malacca Straits
Indonesia's Aceh crisis could be fueling further attacks in the strategic Southeast Asia waterway.
- Volumes grow at ABP
UK ports giant boosts first-half net profit on back of increased trade.
- Silja starts talks over Finnjet
Re-flagging and route change for Finnish owner’s ship prompts talk with crew.
- Carnival cleans out virus-hit Regal Princess
Passengers on Holland America cruise also warned about Norwalk-like bug.
- Transpacific lines to boost cotton rates
Containership group plans hike for boxes moving to Asia from the US in December.
- Carnival to quit German river cruises
Cruise giant to dispose of Arosa river cruise brand plus fleet to local travel operator Arkona.
- Teekay confirms Petrobras deal
Tanker titan ties up suezmax acquisitions on long-term charters to South American oil major.
- Jaya director to cash in
Top executive at Singapore builder and vessel operator makes tidy profit on share options.
- Tidewater details newbuilding plans
After re-jigging its finances world's largest offshore vessel operator announces $100m spending spree.
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| SEPTEMBER 3, 2003 |
- ICC sees increase in "political" piracy attacks against ships
- Hamburg Sud amends Asia/North America/South America link
- "K" Line adds North Europe/East Med service
- NYK sets up bulk energy unit in London
- WTSA lines adopt rate increases for cotton
- Delmas rejoins Europe/West Africa conference
- U.S. air freight traffic fell by 3% in July
- Astar realigns executive team
- China Post cuts domestic express rate 10%
- Mexican railroad owners nix KCS acquisition
- FedEx picks Texas site for distribution hubSimpson retains role at AAEI
- DHL unit to import liquor to Canadian province
- Inchcape provides logistics to British military
- World Bank: Cutting import tariffs a two-way street
- WTO upholds key aspects of U.S. actions against Canadian lumber
- P&O Nedlloyd, Log-Net form Shanghai joint venture
- Atlantic Forwarding picks INTTRA-LINK for data submission
- European dockworkers plan multiple strikes next week
- Port of Singapore increases inspections of bulk carriers
- Port of Miami reopens after ammonia leak
- Stockton becomes powdered milk depot for U.S. food-aid programs
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