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| OCTOBER 7, 2003 |
Shipping News
- Busan port consolidation plans shelved for now
ADDING to the Port of Busan's woes, container terminal operators at its Gamman terminal - including Hutchison Port Holdings, Hanjin Shipping and two others - have at least temporarily escaped a forced merger following the sacking last week of South Korea's maritime affairs minister.
- Sydney Harbour to ban box ships
CONTAINER ships will be banned from Sydney Harbour under a government plan to free up valuable land along the foreshore of Australia's oldest port and one of its biggest tourist attractions.
- M'sian fleet, ports' security to be shipshape
MALAYSIA's 700-strong fleet and 50 terminals will meet the International Maritime Organisation's International Ship and Port Facility Security Code deadline in July 2004, according to Deputy Prime Minister Abdullah Ahmad Badawi.
- Singapore, UK hold navigation conference
THE Maritime and Port Authority of Singapore and the United Kingdom Hydrographic Office are jointly organising another conference here to promote the use of electronic navigational charts and data globally.
Air and Land Transport
- SIA to add flights in anticipation of demand surge
SINGAPORE Airlines will boost its flights between late October and the end of January to cater for the upcoming holiday season demand surge, the carrier announced yesterday.
- Closer ties with Iberia possible: BA chief
- Cathay Pacific to enhance winter flight schedule
- Cathay offering ferry links to Chinese cities near HK
- Air NZ may give CEO 1.1m share options
- Continental to raise ticket prices
Features
- A taxicab at 30,000 feet
AVIATION mavericks are trying to mint a new class of airplane - and air travel.
Bulletin Board
- Bulletin Board
Jean-Louis Pinson has been appointed Air France's senior vice-president for Asia and the Pacific.
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| OCTOBER 7, 2003 |
- China digging longest canal in the world
- Zim calling at Xiamen
- Zhuhai sets new throughput record in August
- Lykes launches South Pacific sprint services
- CPR to increase freight tariffs by 4pc
- New Zealand Customs nail down export timeframe
- Hactl, AA to open air cargo consolidation centre in Shenzhen
- FedEx Express shortens transit times to Tokyo
- SAS Cargo increases services to Italy
- New president for Hassett Air
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| OCTOBER 7, 2003 |
- SCI to pay 170 pc special interim dividend
- IWAI gets going on integrating waterways
- INSA puts out a clarification of its views on IRS
- Dumping duty on caustic soda imports
- DCI bags Rs 15-cr. dredging deal from ChPT
- 33,000 t iron ore fines exported to China from New Mangalore Port
- TAMP holds lively interactive consultative meets with port officials, users
- Govt plans to amend MPT Act to make privatised ports autonomous bodies
- ICD-Dadri will have most modern equipment, says CONCOR chief - ... pays 110 pc dividend
- CONCOR’s VCT-TKD ISO service to commence from Oct. 8 - 45 APL import boxes on maiden run
- Forex reserves up by $ 700 million to $ 88,556 million
- Exports clock 9 pc growth during April-Aug.
- Centre okays more special economic zones
- AILBIEA to hold press meet today
- DCI technical seminar today
- INMEX 2003 to focus on emerging business opportunities in maritime sector
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| OCTOBER 6, 2003 |
- OPEC crude basket set to breach $28 ceiling again
The strength of the oil market could see OPEC's crude basket rise above its $22 to $28 target range today. If it remains above $28 for the rest of the month, OPEC's so-called price band mechanism would call for a rise in output just as its announced November cut is due to come into force. Could OPEC be planning a revision of its target range to reflect actual policy decisions over the past year?
- The Baltic in brief
- Unitor and BP Marine Agree to Dissolve The Marine Alliance
Unitor ASA and BP Marine, who co-founded The Marine Alliance B.V. joint venture three years ago, have now decided to dissolve this partnership and focus individually on their respective customers' requirements.
- Tallinn ticks lower despite regional bullishness
- Fujairah takes bulls by the horns
- Great Belt firm and quiet
- No holiday for Hong Kong bunker price increases
OPEC's supply cut spur continues to saddle Hong Kong's numbers with galloping inflation.
- Rotterdam continues firm in line with crude
- Multiple factors push crude higher
- Brazilian market update
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| OCTOBER 6, 2003 |
- M&M Militzer & Münch: High level changes
- HNN and P&O Ports get concessions for new Antwerp terminal
- Al Rais Cargo and Iran Aseman Airlines launch freighter service
- DHL: New vehicle logistics centre for BMW in South Korea
- More trains for the Brenner "piggyback" truck service
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| OCTOBER 6, 2003 |
- German suppliers involved in the Gotland bribery case
- Waterfront sells product fleet
- YukosSibneft stake likely for ExxonMobil
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| OCTOBER 6, 2003 |
- HSV WestPac Express hoists U.S. flag
The 101 m Austal catamaran WestPac Express has achieved another distinction. It has become the first large high speed vessel to be registered and flagged as a commercial ship in the United States.
- First Evergreen ship gets ISPS certification
ABS has certified the first Evergreen Marine Corporation (Taiwan) Ltd. containership to IMO's International Ship and Port Facility Security Code (ISPS Code).
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| OCTOBER 6, 2003 |
- US/Australasia Discussion Agreement plans general rate increase for November
- Lewis and Clark sculpture making stop in Longview
- World Trade Center Tacoma moving to new office in downtown area
- International Trade Commission finds Canadian wheat harms US
- Portland Airport noise team holding meeting in Vancouver, WA
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| OCTOBER 7, 2003 |
- Seaspan breaks the 9,500 teu barrier with eight-ship order
THE world’s first 9,500 teu containerships are to be built in South Korea, with Seaspan Container Lines placing an eight-ship order on Friday.
- Single-hull crackdown ‘will send timebombs into Asian waters’
THE Malaysian government has slammed the European Union over unilateral action on single-hulled tankers, saying it will send "ecological time bombs" into Asian waters.
- Association hears warning on rules
TOO much regulation of the shipping industry could drive out quality players who would seek to invest elsewhere, Bureau Veritas chairman Frank Piedelievre has warned, writes Marcus Hand.
- ‘Just another order filling a few more slots’
SEASPAN may break the containership mould, but analysts say it may not necessarily break the market, writes Hugh O’Mahony.
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| OCTOBER 6, 2003 |
- US unions support Maersk
THE presidents of the three largest US seagoing unions have asked their members to support the operational transfer of 15 militarily-useful cargo ships to Maersk Line (ML), rejecting nationalist arguments from the current operator, US Ship Management (USSM).
- Skaugen ponders three options
IM Skaugen might try to consolidate the small LPG tanker sector following the sale of 50% of Skaugen Petro Trans lighterage division to Teekay, observers say
- Have your say!
What should the salvage industry expect from government? Why hasn’t the IMO spoken out against injustice? Who now will bid to remove the Tasman Spirit? Have your say!
- Greece calls for support on Pappas
CONCERN in Greece over the arrested seafarers from the Tasman Spirit and the Tsavliris salvage master Nikos Pappas has become a national issue
- Bid for Star Reefers rejected
A bid to acquire almost three-quarters of the shares of Anglo-Norwegian group Star Reefers from Siem Industries has been rejected, Fairplay has been told
- Van Oord buys dredging rival
DUTCH dredging group Van Oord has taken over rival Ballast Ham Dredging from building contractor Royal BAM for €457M ($529M)
- Bullish STX goes for listing
- Ghost twins to depart tomorrow
- Sydney port's future under debate
- HHI fined for insider trading
- Tasman Spirit crew get bail
- Carnival stumbles in Mexico
- Appledore advert sparks interest
- Ghost ships can leave the US
- Prison for Gotland bribery men
- Emeraude wins three month reprieve
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| OCTOBER 6, 2003 |
- Bulk rates aiming for record highs
Demand by steel mills in China and Japan spur charterers to snap up scarce tonnage.
- Malaysia port to join box security program
Port Kelang's Northport terminals will implement the U.S. Container Security Initiative by the end of this year, an official said. • Weblog: Australia to close Sydney to containers
- UPS, FedEx urge U.S. to drop Astar deadline
Express giants ask DOT to lift Dec. 1 deadline for judge's recommendations on the ownership of former DHL Airways, while Deutsche Post asks EU probe of UPS alliance.
- Chile bright spot for LatAm trade: Analyst
- India region gets new services
- Scioscia, Rakkenes to receive 2003 Connie Awards
- Evergreen unit now shipowner
- K&N acquires Hapag-Lloyd logistics unit
- Polar begins weekly Halifax service
- Yellow expects Dec. close for Roadway merger
- End of war risk charges for sub-continent
- Evergreen adviser Kleist dies
- Union Pacific to limit some executive severance
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| OCTOBER 6, 2003 |
- German government explores financial liability of truck toll consortium in delays
Germany’s controversial truck toll has been delayed again, prompting the transport ministry to explore how far Toll Collect is liable for €156million a month in lost revenues to the government.
- EIA warns EU may choke on ‘bottlenecks’
- Shipping lines wait for decision over Thursday strike in Nigeria
- Services disrupted by go-slow at JNPT
- Hapag-Lloyd sells off Pracht Spedition, expects 12% growth this year
- Gwangyang City supports its port in China
- Canadian Pacific Railway raises rates
- Ulsan keeps popularity gains from Busan
- SBB Cargo teams up with ERS Railways
- Concor chairman reports good results to AGM
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| OCTOBER 6, 2003 |
- Algoma and Upper Lakes come closer
Great Lakes owners merge fleet operations under SMT joint venture.
- Unitor and BP to divorce
Top ship suppliers pull the plug on ambitious Marine Alliance project.
- Star Reefers bid rejected
"Bottom feeder’s" $70m bid rebuffed but Kristian Siem interested in a merger.
- Parley Augustsson dreams again
Norwegian shipowning legend wants to make a comeback at the age of 66.
- Gdynia details workforce reforms
Polish yard plans to axe 200 staff and shift others to affiliates.
- Nigeria and Benin congestion surcharges fall
Box cargoes to get more expensive into Equatorial Guinea, however, as EWATA thinks again.
- Durres bites the dust
Albanian shipyard has gone bankrupt after seven months of inactivity.
- Skaugen looks for further growth
Norwegian owner books exceptional gain as it awaits Teekay and Maersk alliance benefits.
- Hapag-Lloyd hoping for bumper profit
Market rebound should make 2003 a big year for container line, as it prepares to sell off storage unit.
- Tasman Spirit crew arrested
Tanker’s master and crew charged with negligence by Pakistan.
- Tough times for Dutch shipbuilder
IHC Caland says profits will be well short of forecast as buyers circle two remaining yards.
- Livanos buys more Odfjell stock
Chemical tanker partner slides up stake while stock remains at a low ebb.
- Deadline set for 'ship of shame'
Aussie government set to decide fate of 50,000 sheep tomorrow, as Cormo Express docks in Kuwait.
- NYK invests in airship firm
Shipowner sticking by concept despite earlier pitfalls, but will its plans get off the ground?
- Choi Lark-jung sacked
Ex-Korean maritime minister potential contender for shortest ever political tenure
- USCG detains two
Stowaways from Haiti detained by vessel master as vehicle carrier calls at Fort Lauderdale.
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| OCTOBER 6, 2003 |
- "K" Line, SITC in joint Japan/North China service
- Evergreen transfers ship ownership to Hong Kong company
- Memorial services held for former Matson chairman Pfeiffer
- Kuehne & Nagel acquires Pracht logistics arm of Hapag-Lloyd
- Dumping duties approved for Canadian spring wheat imports
- United Nations promotes legitimate trade in aquarium fish
- Ryder System names Leinbach CFO
- Coast Guard asks input for ship ballast water discharge standards
- Port of Corpus Christi starts loading grain for Cuba
- Seaway leaders head for trade mission to Belgium, the Netherlands
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