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26 October 2020 The on-line newspaper devoted to the world of transports 22:19 GMT+1

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Shipping Timesweb site
FEBRUARY 7, 2003
Shipping News
  • Maersk to divide Asia into 4 business units
    INTERNAL restructuring at Maersk Seal - the world's largest container shipping line - will see its Asian region business carved into four separate areas from July 1, coinciding with the retirement of its Singapore-based chief executive.
  • Quick end to Iraq war may boost business: Precious
    THAILAND's Precious Shipping said a dwindling global fleet meant the ship-leasing industry was brisk even in a slow economy and reconstruction after a possible Iraq war could spur its business.
  • Arab shipyard covers cost of customers' war insurance
    ARAB Shipbuilding and Repair Yard Co , the largest in the Middle East, is covering the extra insurance cost of shipowners wanting to enter the Persian Gulf, which is considered a war zone, to use its facilities.
  • Contship adds 3 loops to Australasia-Asia services
    CONTSHIP Containerlines has boosted its Australasia-Asia services in line with trade growth, offering three new loops.
  • Rotterdam port's throughput up 2.4%
    EUROPE's busiest port, Rotterdam, enjoyed a 2.4 per cent increase in total throughput last year, and handled 5.9 per cent more containers by weight, the authority has confirmed.
Air and Land Transport
  • China plans to reform its lagging civil aviation sector
    CHINA's entire civil aviation industry needs to 'reform and open up' to meet international standards and the phenomenal demand growth of the coming 20 years, the head of its civil aviation administration said in Singapore yesterday.
  • Airbus wins US$2b deal to supply jets to Indian Airlines
  • US issues new check order for jumbos
  • Boeing, Lockheed free from Columbia liability
  • Korean Air posts Q4 loss of 170b won

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Sched Netweb site
FEBRUARY 7, 2003
  • HK like European ports may attract more shippers thanks to CSI factor
  • US Customs focusing on shippers' cargo descriptions
  • MOL receives Limited Brands' logistics services award
  • Cahaya Samudera Shipping awarded ISO 9001:2000 status
  • US' Port of Vancouver completes terminal two redevelopment
  • Swiss WorldCargo to use DSG-Tradevision logistics network
  • FAA awards initial contracts for communication system
  • Continental reports jet load factor drops slightly in January

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Cargowebweb site
FEBRUARY 6, 2003
  • Sinotrans IPO 1-5 times covered
    Sinotrans Ltd., one of China's leading freight forwarders, has seen its initial public offering from overseas institutions subscribed by between one and five times so far.
  • APL Logistics with Carmichael
    APL Logistics has appointed Carmichael International Service to provide its clients with fully integrated Customs brokerage service.
  • United Airlines plans new low-cost line
    United Airlines plans to return to profitability through a combination of reducing costs, launching a low-cost carrier and using more regional jets.
  • Delta chiefs take pay cuts
    Delta Air Lines' chief executive and president will take only 10 percent pay cuts to help trim costs, while other executives will give up 8 percent of their wages, according to a memo to Delta employees.
  • Contship enhances presence in Australasia-Asia trades
    Contship Containerlines has finalised three new slot charter agreements to supplement its presence in the trades from Australia and New Zealand to various markets across Asia.
  • EC strikes 8 from its list of 66 banned vessels
    Retracting eight vessels from its 66 vessel blacklist and moderating its fiery post-Prestige rhetoric, the European Commission (EC) now appears to be softening its stance on the issue of black-listing vessels.
  • 'Airlines losses $ 5-10 billion in 2003'
    Members of the International Air Transport Association may have a combined loss between $5 billion and $10 billion in 2003, Sydney-based Centre for Asia-Pacific Aviation said.

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Exim Indiaweb site
FEBRUARY 7, 2003
  • MoS, SCI in talks on interim dividend
  • Safmarine Computer Services wins top IBM Lotus "Beacon" Award
  • Shipping freight levels on upward move
  • LOTS Shipping acquires 3 barges
  • MoU signed for wheat exports
  • India eyeing Lankan potato market
  • Tariff sops granted to 111 items imported from Bangladesh
  • 17 items added to SION list
  • Wheat exporters upbeat on larger Iraqi demand, seek deadline extension
  • All ports to use EDI for documenting box cargo for exports
  • Ennore Port RFQ elicits excellent response - Coal, marine liquid cargo handling projects
  • Ernakulam railway line may link Vallarpadam soon
  • Two port projects for Skanska
  • New SIA flight to Bangalore from May 1
  • Nabard signs MoU with Apeda, Exim Bank to promote AEZs
  • Kinfra to set up 6 industry parks with private sector aid
  • RBI looking into ECGC fees rationale
  • Govt clears Assam AEZ
  • Textile quotas regime phase-out still tardy
  • Indian banks ready for global competition - K. V. Kamath
  • Cenvat credit for textile sector may be abolished
  • CII meet discusses core sector issues
  • Taiwanese team to visit Mumbai on Feb. 10

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The Bunker Bulletinweb site
FEBRUARY 6, 2003
  • Daily bunker market report from Praxis Energy Agents
  • Still hope for European Bunker Industry
  • Religious holidays in Istanbul next week
  • Californian bunker tax could see Japanese avails get even worse
  • Italy: Pre-arrival info required 72 hours in advance
  • London Club agrees to put up bail for Prestige master
  • Market drives up Italian numbers

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International Transport Journalweb site
FEBRUARY 6, 2003
  • Jet Aviation will not be sold
  • Second KN hub opens in Duisburg
  • DHL's acquisition of the Mayne Group approved by Canadian regulators
  • 800,000 TEU in Marseille in 2002
  • Mike Clasper appointed chief executive of BAA

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The Scandinavian Shipping Gazetteweb site
FEBRUARY 6, 2003
  • No more Primorsk calls for greek tankers
  • No unilateral single hull ban in Sweden
  • Mols Linien start Channel service this summer

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World Wide Shipperweb site
FEBRUARY 6, 2003
  • Corps calls in team of experts to study damage to John Day lock
  • DOT rule allows explosives to cross from Canada to US
  • Customs inspectors nab drugs crossing border in bear trailer
  • Zachary joins Port of Tacoma as planning and logistics director
  • Delivery delays force Princess to call off ISLAND PRINCESS sailings

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Il Sole 24 Ore On Lineweb site
FEBRUARY 7, 2003
  • Disfida europea sulle crociere
  • Marnavi sceglie i cantieri coreani
  • Il settore chiede aiuti: si rischia la paralisi

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Lloyd's Listweb site
FEBRUARY 7, 2003
  • London P&I Club posts bail to buy liberty for Mangouras
    The family of Apostolos Mangouras, Greek master of the Prestige , are preparing to fly to Spain to welcome him back to liberty, after London P&I Club agreed to provide his E 3m ($3.24m) bail.
  • Lyras slams Europe over places of refuge
    EUROPEAN countries have been criticised by Greek shipowners' leader John Lyras for allegedly passing the buck for pollution incidents solely on to shipowners.
  • Cracks found on single-hull Arendal at Shetland
    THE debate on single hull tankers in European waters looked set to reopen yesterday, when a ship on charter to BP was detained at Sullom Voe after two foot-long cracks were discovered on deck, writes David Osler.
  • Maersk Sealand opts for more flexibility
    MAERSK Sealand is restructuring its global business into 15 different areas with an aim of securing "continued profitable growth" for its container shipping business.

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Fairplayweb site
FEBRUARY 6, 2003
  • Lloyd Werft not responsible for SSW
  • Fast ferries 'not reliable enough'
  • Residensea to retain Norwegians
  • Chance would be a fine thing
  • Forex restrictions threaten revival
  • Surveyors assess Aframax cracking
  • London Club bails out Mangouras
  • Afghan cargo now a major concern
  • MES for P&O ferry conversions
  • Spanish assess Prestige options
  • Wärtsilä loses engine market share
  • HK exporters meet US requirements
  • Lüken in Miami for NCL signing
  • War fears increase unemployment
  • Finn to lead Arctic oil project
  • Tricolor slick hits Belgium
  • K Line shifts base to Singapore
  • Ferry shortcomings on the agenda
  • Fred Cheng scotches order reports
  • Korean ships may lose out on LNG

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The Journal of Commerceweb site
FEBRUARY 6, 2003
  • New contract for Teamsters, truckers
    Agreement with less-than-truckload carriers calls for 3.4 percent wage hike over five years.
  • Ports need radical changes: Lanier
    Congestion solution requires industry-wide rethinking, according to the executive director of the West Coast Waterfront Coalition.
  • Hong Kong coping with 24-hour rule
    Boxes continue to flow despite confusion, lack of preparedness among shippers.
  • Canada promotes increased trade with US
  • Carriers pleased with new cargo portal
  • FMC schedules open meeting
  • Lykes inks Med-Gulf space charter deals
  • American Airlines launches S. American express service
  • Salazar named Panama Canal chairman
  • Larsen joins Airline Capital
  • New company markets 'container sled'
  • Port, water operators oppose trust fund raid
  • Ports, terminals assess security plans

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Containerisation Internationalweb site
FEBRUARY 6, 2003
  • Port supplier hits out at HPH in terminal row as MSL confirms move
    Hutchison Port Holdings (HPH), faced with the impending departure of Maersk Sealand (MSL) from its Jakarta International Container Terminal (JICT), is using its muscle to pressure an Indonesian rival.
  • NZ insurers call for obligatory reporting of boxes lost at sea
  • Maersk prepares to exploit TransSiberian cargo volumes
  • Banks flex muscles over SCI lock-in clause
  • Boston's Asia exports lift 2002 volumes
  • Contship stitches slot deals for Australasia/Asia
  • Mumbai Port Trust looks to regulate charges

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TradeWindsweb site
FEBRUARY 6, 2003
  • Aframax detained with deck cracking
    Polys Haji-Ioannou's Arendal held in Shetland Islands after crew notifies manager of problem near ballast tank.
  • Toll of abandoned ships rising in Gulf
    Missions to Seafarers says it fears problem could intensify if Iraq hostilities take off.
  • Norden loses freight futures battle
    Danish owner gets reduced compensation for deal to ease panamax bulker market entry.
  • VLCC rates head downwards
    But tanker players say the market is merely in "pause mode" awaiting fresh business.
  • London Club says Prestige master is "special" case
    Court hearing today to set bail conditions for Apostolos Mangouras.
  • Divorce costs clobber P&O Princess
    Scrapped merger with Royal Caribbean and expenses related to Carnival tie-up hit cruise operator in 2002.
  • New faces at Fisher
    UK tanker owner James Fisher strengthens management with P&O and BAE Systems executives.
  • Wartsila profits crumble
    But engine maker saw sharp order rise for marine units in late 2002.
  • Yang Ming inks boxship and bulkers
    Taiwanese owner extends boxship orders at CSBC and adds two panamax bulkers.
  • Officers plead guilt to collision charge
    Western Iris master and second officer pay $5,000 in fines after colliding with Aussie fishing boat.
  • K Line confirms TCC charter
    Japan owner's Singapore arm is taking an aframax for two years from Tai Chong Cheang.
  • P&O Cruises set for Trinidad return
    Island's tourism officials say British firm is set to return after pulling out over terror fears.
  • Welsch named ASC boss
    Great Lakes operator American Steamship Company confirms new president and CEO.

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American Shipperweb site
FEBRUARY 6, 2003
  • Coast Guard says centralized data systems a year away
  • China Shipping drops ships on Pacific link
  • Hamburg Sud re-sells Ellerman's East Africa/Europe service
  • Intermarine resumes service to Venezuela
  • "K" Line transfers Aframax tanker operation to Singapore
  • Rickmers-Linie appoints general agent for Japan
  • Dragonair contracts with Menzies World Cargo for U.K. operations
  • FMC reviews 11 OTI applicants, revokes 14 licenses
  • Salazar named Panama Canal Authority chairman
  • Waterways users say Bush budget would misuse trust funds

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