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| JUNE 6, 2003 |
Shipping News
- PIL boss takes over as SSA head from Lua Cheng Eng
A changing of the guard at the Singapore Shipping Association has seen Pacific International Lines boss Teo Siong Seng replace founding president and former Neptune Orient Lines boss Lua Cheng Eng after 18 years at the helm.
- S'pore extends maritime tax incentives
SINGAPORE has enhanced its maritime tax incentives to attract more ship operators under a government-backed push to develop an international maritime centre, Transport Minister Yeo Cheow Tong announced yesterday.
- SuperStar Virgo to return to S'pore next month
STAR Cruises' luxury vessel the SuperStar Virgo will return to Singapore in July after being re-deployed to Australia due to a Sars-related collapse in passenger numbers here, according to Transport Minister Yeo Cheow Tong.
- Liberian president indicted for war crimes
A United Nations-backed war crimes court has indicted Liberian President Charles Taylor for crimes against humanity for his support of rebels fighting a bloody civil war in neighbouring Sierra Leone.
- Four maritime professorships set up
FOUR new maritime professorships have been established at Singapore universities with a $16 million endowment fund by the Maritime and Port Authority of Singapore .
- Japanese nuclear waste heads home
A ship transporting Japanese nuclear waste treated in France left on Wednesday for Japan, French nuclear energy firm Cogema said.
Air and Land Transport
- Changi Airport to be evaluated under ICAO's measures
CHANGI Airport will be the first international airport evaluated under new anti-Sars measures formalised by the International Civil Aviation Organisation at a meeting in Singapore earlier this week.
- China's jet fuel demand likely to be unchanged
- KLM's May passenger traffic down 10%
- French transport returning to normal
- Ryanair's profit growth may slow to 10%
- TUI in talks to order up to 60 jets
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| JUNE 6, 2003 |
- AADA to raise Asia/ Australia rates in July
- Columbus Line tightens knot with Fresco
- Vic increases channel usage charges
- TGAX Logistics granted China NVOCC licence
- Lines drop ports of call on `Eastabout' service
- New Panama address for Ecu Line
- GAC launches global logistics service for ship spares
- Descartes revenue down 15pc in first quarter
- New service to W Mediterranean from N Atlantic announced
- FedEx offers voluntary retirement and severance deals
- Panalpina to create US and Canada `region'
- Airline bosses gripe over BAA fee increase
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- APL opens wholly-owned operation in Spain - Enhances customer services in Med.
- Two new directors join NOL Group - Ron Widdows’ appointment as Apl ceo confirmed
- Jared Henry made VP of supply chain security for CP Ships
- Yang Ming to open US office, orders 4 new vessels for Asia trade
- New services in eastbound transpacific
- "K" Line joins forces with Indonesian car-carrier operator
- ECU-Line to resume services to Guatemala & El Salvador
- RCL promotes 5 in management changes
- OOCL takes delivery of new Montreal vessel
- P&O Nedlloyd Logistics adds executives
- TOC2003 Europe fair at Genoa from June 10-12
- Made in India show in Lanka generates business worth $110 m
- Booming auto parts industry rakes in $ 800 m from exports in 2002-03
- Sugar exports poised to cross 1.5 m tonnes
- Oil firms offer ports funds to buy gear - Cleaning up oil spills
- MoS sets ambitious cargo handling target for Vizag Port Trust
- Transport & Logistics Russia 2004 in Moscow next year
- Rising garment export earnings nullified by strengthening rupee-CIAe
- MEA’s panacea for export success
- State unravels sops for IT sector boost
- Naik wants removal of customs duty on capital goods to produce LNG
- Chamber asks Karnataka govt to scrap turnover tax decree
- Infosys chief inducted into Asia Business Council board
- Hong Kong back in business after SARS scare
- IMC meet with Iran Consul General postponed
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| JUNE 5, 2003 |
- Quiet West Coast markets soften
- Strong demand makes for strong market in Vancouver
- US oil stocks still at deficit despite healthy inventory build
- Crude rebounds as Iraqi export trouble persists
- Soft ARA region still suffering tight avails and congestion
- Singapore short on suitable bunkers despite rising inventories
- Prices keep falling in the land of the rising sun
- Business as usual is soft Gibraltar
- Daily Bunker market report from Praxis Energy Agents (Wednesday)
- Brazilian market update, all grades firm
- Istanbul quiet as market drops
- Rotterdam market softens, prompt stems more expensive
- Italy firms up as avails problems go on tour
- MEPs adopt single-hull rules, urge global implementation
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| JUNE 5, 2003 |
- Aeschlimann Hagist & Partner AG celebrates 10th anniversary
- Rate increases
- Baghdad International Airport closed to traffic
- Ryder nets multimillion contract from Vecta
- BLG Logistics Group: Going public is an option
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| JUNE 5, 2003 |
- Spain in breach of UNCLOS
- Human error behind accident
- The EU accelerated phase-out will go ahead
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| JUNE 5, 2003 |
- Senate hearings on Title XI
The Senate Science Commerce and Transportation Committee today held hearings into management problems concerning the Title XI maritime loan guarantee program, dentified by the Department of Transportation Inspector General (DOT IG) and the General Accounting Office (GAO)
- OPA response plan requirements to cover non-tank vessels?
A maritime update from Blank Rome says that the Administration's recently proposed Coast Guard Authorization Act of 2003 would among other things extend the reach of OPA 90 vessel response plan requirements to non-tank vessels
- Verreault to convert Coast Guard ship to research vessel
Verreault Navigation Inc. has been awarded a Canadian $5,973,810 competitive contract to refit and drydock the former CCGS Sir John Franklin.
- EU presses ahead with post-Prestige measures
INTERTANKO says that it now seems clear that the European Commission, the EU Member States, and the European Parliamentan have reached an agreement on the Post-Prestige accelerated phase-out of single hull tankers, the ban on single hull tankers carrying heavy fuel oil and the wider introduction of CAS.
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- Washington State Maritime Cooperative holding oil spill response drill today
- APL opening offices in Barcelona, Spain
- Port of Bellingham welcomes variety of aircraft to AIRFEST
- UK port of Felixtowe joins Customs' CSI program
- Tsakos Energy Navigation charters new Panamax tanker
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| JUNE 6, 2003 |
- Ex-minister Lim tipped to take over top job at NOL
THE Singapore shipping market is rife with talk that former PSA chief and ex-government minister David Lim is to become the new chief executive of Neptune Orient Lines.
- European MPs vote for faster phase-out
EUROPEAN members of parliament have voted overwhelmingly to clear the way for accelerated phasing out of single hull tankers in EU waters and an immediate ban on them carrying heavy oil.
- P&O raises cash for new India port buy
P&O has raised £120m ($195m) through an issue of new shares to pay for the acquisition of a port facility in India.
- High freight prices prompt Royal Mail to quit the railways
ROYAL Mail is to axe the railways - 49 trains a night - from its letter post distribution network, a move that snubs UK government policy for an 80% rise in domestic rail freight over 10 years.
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| JUNE 5, 2003 |
- Boxes at a standstill over new rule
- New Eurotunnel challenge to ferries
- Nor-Shipping: phase-out dispute
- Samudera spreads the Mid East net
- Nor-Shipping: LNG cutback expected
- 'Sour grapes' in pesticide scare
- Scandlines upgrades six ferries
- Salvors attend sunken bulker
- Singapore sets up professorships
- EU votes in single-hull rules
- Aceh curbs will not hit shipping
- Arroyo pushes for ferry safety
- Singapore backs refuge calls
- Mundra terminal talks new services
- UAE discusses judicial reforms
- CMA CGM fleet renewal commences
- Services et Transports surprise
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| JUNE 5, 2003 |
- ILA works Evergreen ship
In day of mixed news, dockworkers cross picket line to unload vessel, but NLRB ruling on strike not expected soon.
- So. Cal. terminals meeting idling rules
Terminal operators in Los Angeles-Long Beach are scrambling to reduce truck lines at container facilities to avoid costly anti-pollution fines that kick in July 1.
- EU will seek U.S. air deal
- GF-X lands BMI, BAX Global
- Deutsche Post affirms earnings goal
- Lines add surcharges for Pakistan-U.S., Canada shipments
- Visconti new president, CEO of Arrow Air
- Government eases fireworks restrictions for railroads
- OOCL Sydney, Shenzhen make maiden calls
- Polar Air Cargo expands Asia service
- CSX, NS file joint Conrail request
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| JUNE 5, 2003 |
- New empties permit requirement stuns carriers
International carriers repositioning equipment between Australian ports have been shocked to discover a federal department has now included empty containers in its coastal permit system.
- China Shipping denies responsibility for Indian rate pressure
A collapse in the rates on the India to Europe trades is being blamed on the entry of China Shipping Container Lines (CSCL) into the trades.
- Losses mount as silted canal blocks Brazil’s second port
- P&O Ports raises cash to pay for Mundra terminal
- Fremantle rues Eastabout decision
- Hanjin benefits from booming Pacific trades
- Operation Safe Commerce funding overstretched
- Teamsters warn USWC terminal operators
- Maersk Sealand merges Americas services
- APL offers e-commerce to customers without Internet
- New Israel THC ends competition law uncertainty
- Coscon launches e-commerce platform
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| JUNE 5, 2003 |
- Frontline surge continues
Fredriksen company closes above $15 on NYSE for first time in past year.
- 'OPA 90 all over again.'
Foreign owners face security headache as Congress muscles Coast Guard on vessel standards.
- New blow for Steamship Mutual
Free reserves tumble 40% as Otto Fritzner led club rings up $57m loss.
- State liner companies down in US trade
FMC list of foreign government-controlled carriers less than half of 2000 total.
- Iraq tenders first post-war crude sales
Equivalent of five VLCC loads to be lifted in June.
- UK highlights grain stowage breach
Bulker detained after cargo found to be improperly distributed in hold.
- Shell warns on bunker attitudes
Price focus is "staggeringly short-sighted" and fuels dodgy image.
- Barwil takes on Umm Qasr role
Norwegian agency will run information centre for US operator of key Iraqi port - from Kuwait
- Collision holed Cosco bulker
Danish salvors DBB to start work immediately on removing oil from the wreck.
- Yang Ming scores record hit
Taiwanese liner giant logs highest ever monthly revenue with more to come.
- Swedish Orient bidders boost shareholding
Consortium led by Swedish company’s chairman now owns 79% of its capital ahead of delisting.
- Toll makes it official on Tranz Rail
Discussions on takeover begin between Australian owner and New Zealand ferry operator.
- P&O expands Indian ports empire
UK operator pays $195m for Mundra terminal, the closest deep-water facility to Delhi.
- Star Cruises to repatriate Virgo
SARS-hit Asian cruise giant will brave its local Singapore market again in July.
- EMTA goes ahead with Israel port fee
But boxship group reduces planned handling charge after investigation by anti-trust authorities.
- PMI ties up TEN's Aztec
Mexico's state-owned oil firm is taking Tsakos Energy Navigation's latest delivery on charter.
- Genmar completes tanker acquisitions
Georgiopoulos climbs to world number two as he takes on the last of the Metrostar vessels.
- Todd names new president
US west coast repair yard recruits ex -Foss Maritime CEO to take group to the "next level".
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| JUNE 5, 2003 |
- Marshall Islands improves seafarers’ authentication
- Med Shipping adds transpacific service, capacity
- FMC trims list of government-controlled carriers
- New 8,063-TEU OOCL ship calls at Southampton
- Hyundai gives up slots on Evergreen's Asia/U.S. East Coast ships
- Carriers amend Asia/Americas services
- GF-X hosts bookings with Kuehne & Nagel
- MTMC proposes compulsary use of PowerTrack electronic tool
- Exel rebrands Tankfreight business
- Global Exchange Services buys Celarix
- Kansas company fined for oil exports to Canada
- Commerce fines Iran exporter
- Customs says port of Felixstowe is CSI operational
- P&O Ports acquires Indian terminal
- FBI arrests bomb hoax suspect at port of Houston
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