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| JUNE 5, 2003 |
Shipping News
- G8 acts to improve marine environment, safety, security
THE G8 group of industrialised nations meeting in Evian, France, earlier this week turned their attention to the shipping world with action plans for the marine environment and tanker safety, as well as transport security.
- Dalian port to double capacity
CAPACITY will be doubled at the Chinese container port of Dalian, where PSA Corporation embarked on its first overseas foray.
- Port Klang's Northport eyes more transhipment volumes
PORT Klang's Northport is aggressively pushing for a bigger share of regional transhipment cargo volumes, according to the head of the Malaysian container terminal.
- Oil slick from Chinese ship hits Sweden
A large oil slick gushing from a sunken Chinese cargo ship hit Sweden's popular southeastern coast on Tuesday, but marine biologists said they expected only limited damage to the environment.
- Indonesia closes Aceh waters to some foreign ships
INDONESIA has closed waters surrounding war-torn Aceh to foreign ships without permits to stop separatist rebels smuggling weapons into the province, officials said yesterday.
Air and Land Transport
- Travel demand starting to recover: Asian carriers
SINGAPORE Airlines , Asiana Airlines and other Asian carriers said demand for travel is picking up as fears of Sars subside and they will start reinstating flights cut at the height of the outbreak.
- Airports respond to Iata's call to cut charges
- US security agency fired 1,208 airport screeners
- US airports seeking to use passenger fees to pay debt
- BAA meets forecast with 3.8% rise in profit
- Striking Alitalia staff's use of sick-notes comes under fire
Features
- Hard-hit airline plans return to the skies
IRAQ'S national carrier, hard-hit by two wars and 13 years of UN sanctions, is preparing to resume services after a three-month hiatus caused by the latest conflict, its management said.
Port Shots
- Port Shots
KEPPEL Offshore & Marine's specialised shipbuilding division Keppel Singmarine has delivered two tugs to Keppel Smit Towage destined for charter to Brunei Shell Petroleum.
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- Emery Japan first unit to change name to Menlo Worldwide
- IRA to impose rate restoration on Far East/ Middle East trade
- Shanghai launches new 5,668-TEU containership
- Hershey to build a new Midwest distribution centre
- NOL rings the changes as Widdows takes top APL post
- AMI claims new products save forwarders 50 per cent
- Northwest looks to exchange pass through certificates
- Kitty Hawk re-enters Hawaiian market with Honolulu service
- Delta ends sale on convertible senior notes
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- Evergreen sets up Mumbai liaison office to service Indian Subcontinent
- APL product allows customers globally to e-mail B/L instructions
- Loophole in cargo support policy plugged - To avert misuse post-SCI sell-off
- Software exports post 26.3 pc rise in 2002-03
- US can save $ 11 bn by outsourcing from India, feels Nasscom chief
- FTA with Egypt likely this fiscal
- US watching India’s galvanised steel export figures
- India questions US data on textile exports, seeks WTO’s view
- Bidding process for first stage of Azhikkal port development slated to begin soon
- Bangladesh govt to amend protectionist port law
- NSCOA to stop work at NSICT from today - JNPCT to be unaffected
- Chamber data shows dip in exports from Cochin Port
- 3 Canadian companies vying for mandate to conduct feasibility study - Move to introduce double-decker container trains
- IIFT chief confident of India achieving 12 pc annual export growth
- State-of-origin rule to boost share of Gujarat in total exports - State may get more Central funds under ASIDE scheme
- Automotive industry can capture global markets: ICRA
- DGFT to open more offices in N-E states this year
- Proposed India Club in Shanghai arouses corporates’ interest
- Credit guarantee fund scheme to cover SSI loans below Rs 5 lakh
- Bengal CM seeks investments at CII session
- Over 21 countries join hands to form Trade Commissioners’ Forum
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- East Coast markets soften amid good inventories
- US crude runs hit all-time high
- Weekly African market report from GAC
- US refinery utilisation at 2-year high
- Bears return as US oil data show healthy stock builds
- Montreal flat, supplier set to return next week
- Iraq ready to sell stored oil, but exports still uncertain
- US: Personnel move
- Piraeus at a premium as cheaper stocks runs low
- Demand strong in Suez despite firm market
- Brazilian market update
- Lubmarine to launch new marine lubricant range
- Korean enquiries fizzle out on the back of regional slump
- New Saudi posted prices
- Australia: Refinery closures set to impact bunkering trends
- Rotterdam steady this morning
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- FedEx opens new logistics centre in Bahrain
- Fercam ends intermodal service
- CSA Czech Airlines builds new cargo terminal
- Menzies and ACI Airlink sign agreement
- Seawheel expands ro/ro capacity
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- Sweden asks Denmark why towage was delayed
- Norway and Spain in diplomatic row over tanker exclusion
- Russian monopoly chief wants safer tankers
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- Questions on effort to switch port security funds to aviation
Issue raised at Congressional hearing
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- Coast Guard working with Washington on oil pollution prevention measures
- Washington Governor unveils latest plan to land Boeing 7E7
- Washington State Ferries warns to be wary of low cost tickets
- Air cargo group extends deadline for $25,000 scholarship award
- Panama Canal works with nature group to preserve Chagres River watershed
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- Foreign ships in Aceh waters face shoot-on-sight policy
FOREIGN ships entering the territorial waters of war torn Aceh risk being shot on sight by the Indonesian navy.
- Natural gas heads for global bonanza
THREE of the most powerful men in the world - the heads of BP, Shell and ExxonMobil - have mapped out a shining future for the natural gas market.
- Inquiries to Italian lines signal it’s pay-back time
LARGE industrial firms in Italy are canvassing shipping lines with a view to transporting project cargo to Iraq as part of the international reconstruction effort.
- Total of 81 vessels are booted out by France and Spain
THE diplomatic row between Norway and Spain over the latter’s expulsion of two Norwegian vessels took centre stage at Nor-Shipping this week, but the overall number of vessels targeted under the ban is far greater than many experts believe and could open the door to more official complaints in the same vein.
- HHI shows size matters with Goliath
HYUNDAI Heavy Industries has literally cranked upward its credentials for building big offshore projects by installing the world’s largest Goliath crane at its offshore fabrication yard, writes Sam Chambers in Tokyo.
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- Vehicle terminal operator rebuilds
- Have your say!
- Norway future uncertain after blast
- Nor-Shipping: phase-out warning
- CSAV to rejuvenate fleet
- Nor-Shipping: de Ruiter under fire
- US ports blast funding priorities
- Bulker oil heads for Swedish coast
- Nor-Shipping: IACS 'at risk'
- Fast cat going too fast: report
- BP signs 6-year gas deal with Oman
- Bangladesh feeders resume loading
- Seafrance order relief for Alstom
- Izar discusses worker fears
- Passengers' champion set up
- Melbourne scraps hourly charges
- Fremantle surprised by loss
- Broker anticipates Indian growth
- Indian ports tackle over-manning
- Steel giant buys into box terminal
- Central Asia port links move ahead
- LUKoil changes sale strategy
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| JUNE 4, 2003 |
- 11 Evergreen ships stalled, diverted
A three-week-long strike by the International Longshoremen's Association against Evergreen America has idled or diverted ships and halted the carrier's operations at Port Elizabeth, N.J.; Norfolk, Baltimore and Savannah.
- KLM cargo surges in May
Europe's fourth-largest airline said the gap between cargo and passenger traffic widened significantly in May, driven by increase on Asia/Pacific routes.
- Port security plans facing numerous obstacles
- Entry-exit controls won't clog borders: Hutchinson
- Thailand dawdles on U.S. box security program
- MSC launches U.S.-West Med service
- P&O Nedlloyd-Contship partners drop RTW calls
- Lufthansa handles K&N cargo in Atlanta
- Panalpina restructures in U.S., Canada
- U.S. rejects 'reverse inspections' for Canada border
- CN to build Memphis intermodal terminal
- Indian switch tariff time charges
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- Haggling owners and charterers miss the big picture
Owners seeking to lock in current charter rates with long fixtures and ocean carriers haggling for short fixtures may end up kicking themselves as rates forge upwards throughout next year.
- RTW service axes ports to protect schedules
The lines operating the Eastabout round-the-world service are cutting the ports of Fremantle and New York, in a bid to end ‘teething delays’ that followed the service’s introduction.
- Strike set to increase Nhava Sheva congestion woe
- Foreign carrier boycott sees Dhaka pledge to review shipping law
- Lines pare down Australian personnel
- Cargo delayed as Brazilian revenue officials strike
- Tauranga renews South Auckland inland port contract
- Visakha to handle its first ship by the middle of the month
- A thousand lorries await entry to chaotic NSICT
- Lines see costs rise as Customs detain illegal Asian cargo
- Israel THC battle re-ignited as EMTA issues charge notice
- Toll’s Tranz Rail takeover offer sparks NZ flurry
- Kien Hung boosts Hamburg Sud’s ECSA market share
- Korean ministry bids for port funds to combat looming congestion
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| JUNE 5, 2003 |
- Chantiers wins SeaFrance ferry job
First ro-ro vessel order for French yard in three years.
- Lloyd's Register chief defends IACS
Director Alan Gavin says Greece and Bahamas views "technically unsound."
- Greek owner joins fight for Australian cows
Eletson chief Gregory Hadjieleftheriadis throws Stetson in ring for half a million cattle.
- Second Bergesen ship kicked out by Spanish named
Norway tells Spain "no legal right" to exclude vessels from its EEZ.
- Salvors to remove oil from bulker wreck
Underwater survey of Cosco's Fu Shan Hai to be undertaken today.
- EU to move into spill response
De Ruiter’s new agency to have hands-on role in pollution incidents.
- Ukraine woos Japanese for Black Sea yard bid
Ukranian Property Fund talks up sale of Chernomorsky at business forum in Kiev.
- Oil from sunken bulker hits Swedish coast
Coast guard officials say oil flow from wreck is decreasing but wind is hampering clean-up.
- Lorenzo Shipping wants to trim debts
Philippine boxship and bulker player is not buying ships this year as it restructures debt.
- Indonesia bars ships from Aceh waters
Foreign ships to stay off coast of troubled province to prevent arms smuggling.
- New York dropped from round-the-world itinerary
New P&O Nedlloyd-led boxship service gets some "fine tuning."
- Daewoo stake sale raises $225.7m
Korean shipbuilder makes it a world first with global depositary receipt issue.
- Posco to hike prices
More cost woes for Korean shipbuilders as major steel producer lifts plate costs.
- Bangladesh port protest ends in victory
Foreign feeder operators force government to amend restrictive trade law.
- OSG ups dividend
Morton P Hyman, boss of US listed VLCC and aframax operator, gets generous.
- A&P inks BP repair double
One down and one to go for Aberdeen yard as it overhauls two of oil major's coastal tankers.
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| JUNE 4, 2003 |
- MarAd adjusts civil penalties for inflation
- European Parliament O.K.s single-hull tanker phase-out
- Oceania/U.S./Europe VSA tightens schedule, skips calls
- Maersk Sealand adds U.S. Gulf/Oceania feeder link
- Off-line B/L software for APL's customers
- Seaboard adds second weekly Miami/Haiti service
- Lufthansa rolls out new service for Kuehne & Nagel
- Mineta: Airline industry needs cross-border investment
- United Cargo adds South Korea service
- Air transport "gets hit harder after every knockdown"
- RailAmerica buys BNSF track
- FMC revokes OTI licenses, reviews new applications
- New Zealand Customs tightens container security
- Descartes sees $9-million first-quarter loss
- Panalpina restructures management in Americas
- Customs saw "terrible" compliance with 24-hour rule
- P&O Nedlloyd Logistics names Vaccaro development director
- Seaports ask Congress for more security funds
- Panama Canal, Nature Conservancy act on watershed
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