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| JANUARY 9, 2003 |
Shipping News
- Ship's log, key data handed to S'pore investigators
THE managers of the container ship involved in the collision with RSS Courageous have handed over to Singapore investigators the ship's log and key data that will clearly show its movements just before and leading up to the accident.
- PSA's box volumes worldwide up 28%
- New oil patches wash up on France's Atlantic coast
Air and Land Transport
- Three United unions agree to interim pay cuts
THREE of United Airlines' five unions approved temporary wage cuts on Tuesday to help the bankrupt carrier meet the terms of its financing agreements.
- China launches first sea rail service
- Cathay buys 6 Airbus freighters
- HK's flight movements to hit record on Jan 31
- Heavy snow causes travel chaos in Central Europe
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| JANUARY 9, 2003 |
- Shanghai port ranked fourth after overtaking Kaohsiung
- HK official warns local trade about CSI implementation
- K Line's logistics units sport new earthy image
- Chinatrans to build logistics trading platform
- Famous Pacific expands US operations with NY office
- GAC Logistics expands into Latin America
- Northwest systemwide load factor rises 4pc at end of `02
- FAA and flight controllers agree to extend contract
- Delta Air Lines system traffic up 14pc in December
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| JANUARY 8, 2003 |
- PSA didn't reach target
Singapore port operator PSA Corp posted an 8.0 per cent rise in container volumes at its domestic terminals in 2002, figures released today showed.
- 'Huge gains of EU-market'
About 2.5 million jobs have been created in the EU thanks to the Internal Market, since the opening up of frontiers on 1 January 1993.
- 'Flemming Jacobs a victim of circumstances'
A mix of trading conditions and official displeasure is the likely reason behind the surprise ouster on Monday of Neptune Orient Lines (NOL) boss Flemming Jacobs, according to a startled shipping community.
- Schneider awarded European contract with Kimberly-Clark
The European division of logistics services provider Schneider Logistics Inc., Green Bay, has been awarded a multiyear contract to provide supply chain management technology to the European operations of Dallas-based Kimberly-Clark Corp., Schneider said Tuesday.
- Hong Kong cargo carrier picks Airbus over Boeing
A Hong Kong-based cargo carrier is buying six new Airbus freighter jets in a deal worth around $600 million that gives Airbus a victory over U.S. rival Boeing, executives said Wednesday.
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| JANUARY 9, 2003 |
- China imposes dumping duty on anhydride acid from India
- Czech Minister sees scope for trade expansion
- Food Processing Ministry initiates measures to boost exports
- Indian soyameal for Thailand
- Handloom body draws up plan to capture LatAm markets
- Visakhapatnam Port Trust to go fully ‘on-line’ from April
- Kandla Port handles 30.18 m. tonnes in April-December 2002 - ...exceeds target by 6.13 pc
- Port scales new heights in cargo handling
- Fieo seeks transport subsidy for N. Bengal exporters
- Revised data reveals export growth in April-Sept higher at 18.65 pc
- CII submits formula for economic growth to Finance Ministry
- Industry, trade reps meet Fin. Ministry officials
- NCAER report puts GDP growth at little over 4.9 pc in 2002-03
- PHDCCI urges abolition of MAT
- Soft interest rate regime this fiscal: Jalan
- Ficci to hold 2-day meet from Jan 15
- Addl SIONs for 37 export items
- Major infrastructure show next month
- Silver cutlery for missions overseas
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| JANUARY 8, 2003 |
- Gulf Coast: Markets quiet, avails increasingly tight
- Pacific Northwest: Tight avails prevail
- USWC: Markets soften for third consecutive day
- US East Coast: Markets soft, buyers wait
- Steady prices render Montreal supplier competitive
- Novorossiysk closed again
- Suez: Good avails, market slow
- Piraeus: Market quiet, prices down
- Prices fall in Japan on respite from tight avails
- Istanbul market follows soft trend
- GAC report: Cape Town refinery due for downtime
- Italian market on downward slant
- OPEC to meet Sunday to thrash out agreement
- Plans take shape to supply IFOs in Bulgaria
- Korea: Prices drop in quiet market
- IFOs little changed in quiet ARA market this morning
- Saudi Arabia: Avails mostly fine, new posted price
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| JANUARY 8, 2003 |
- Gerald Pirpich named ABF Freight vice president
- UK's maritime industries threatened
- Double digit growth for Hellmann Air Charter
- EuroAirport first to apply tax
- American Tool Companies chooses Exel in Europe
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| JANUARY 8, 2003 |
- MITAGS pioneers Ship's Security Officer courses
So, you want to be an SSO?
- IMO to Europe: "Talk to us about tanker problems!"
Secretary General heads for talks in Greece
- Senate panel schedules hearings on single hull tanker phase out
U.S. echo of European initiatives?
- SeaRiver ends River Fleet operations
ExxonMobil unit sells River Fleet assets to Kirby Corporation
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| JANUARY 8, 2003 |
- Schnitzer Steel sees gains in net income for first quarter 2003
- Corps looks for public comment on plan to dredge Columbia mouth
- Coast Guard wants public input on Willapa Bay management study
- Agreement reached on contract for Hawaiian longshore labor
- Kirby buying fleet of tankers from SeaRiver Maritime
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| JANUARY 9, 2003 |
- MPs demand crackdown on polluters of UK waters
THE UK should crack down on marine pollution within 200 miles of the coast and equalise penalties wherever offences occur, an influential cross-party committee of MPs will argue today.
- O’Neil to urge Greece to champion IMO in Europe
A stark message to the effect that the International Maritime Organisation is more than capable of rapid action on pressing matters of marine safety and deserves to be treated with rather more respect is due to be delivered to the Greek government and the president of the European Union later this week, writes Michael Grey.
- Jacobs breaks silence after ousting from NOL
FLEMMING Jacobs, who was ousted as chief executive of Neptune Orient Lines on Monday, has spoken out for the first time since his sudden departure.
- Carnival’s dual-listing with P&O Princess will make it an ‘invincible machine’
Carnival is on the way to becoming an "invincible machine" in the cruise market following P&O Princess’ recommendation of a merger with the market leader.
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| JANUARY 8, 2003 |
- UK closes tonnage tax loophole
- Panama's dilemma over canal future
- Container stacking taken to extreme
- Box theft probe in Santos
- UK charters 40 for Iraq conflict
- Spanish single-hull ban hits Cepsa
- P&O Princess recommends take-over
- Lanka to review maritime policy
- Belgian ports shrug off problems
- PSA Corp 'still talking' on Hibiki
- Floating bomb resolution reached
- Work begins on Helsinki shift
- Falmouth fire destoys wharf
- Security issues delay Lanka ferry
- Gulf feeders anticipate tough year
- Chief officer awaits jail decision
- Dominica LNG shipments next month
- Panama moves towards Annex VI
- PTP in relocation talks with BMW
- Busan to expand box scanner use
- ANL Indonesia allowed to leave
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| JANUARY 8, 2003 |
- Customs offers confidentiality rule
The proposed rule would allow carriers or NVOCCs to keep shippers' identities confidential on electronic manifest filings.
- USPS may seek rate hike in 2004
The Post Office may have to request authority for another rate increase if Congress does not pass legislation reforming its pension payments.
- Kirby buys ExxonMobil barges
The purchase-management deal further consolidates the U.S. inland transportation sector.
- Wallenius Wilhelmsen ends Mobile calls
- General Maritime completes restructuring
- Hong Kong cuts air insurance surcharge
- Weakley to lead Lakes carriers
- West Indian port expanding on traffic growth
- New deal for Schneider, Kimberly-Clark Europe
- NYK Line opens Europe logistics office
- BDP opens Singapore distribution center
- Emmett steps down at NITL
- Congress back at work; economy, security top agenda
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| JANUARY 8, 2003 |
- IMO makes its case
O'Neil tells EU members to deal with post-Prestige reforms through UN agency.
- Blown cover
Large chunk of PDV Marina fleet said to lose insurance coverage after fielding uncertified crews.
- Stelios wins easy
From ships to cinemas, go-getting Haji-Ioannou captures imagination of Connecticut Maritime Association.
- General Maritime completes house cleaning
Company streamlines structure to save taxes while Peter Georgiopoulos adds President to his list of titles.
- Klaus Oldendorff VLCCs to swell TI pool
Samho newbuildings emerge into strong market as VLCC delivery surge kicks in.
- London Club to discuss Prestige master bail
Attention switches to how to raise $3m as legal appeal options are exhausted.
- Fesco stuck in the red
Russian owner reveals further losses in third quarter of 2002.
- DFDS charters Fjord Line ferry
Danish owner’s Cuxhaven to Harwich passenger route to be relaunched with Norwegian ferry.
- Vicky owners asked to pay $9m guarantee
Damaged tanker cargo lightering due to complete today.
- Shun Tak renews Macau charters
Stanley Ho’s Hong Kong ferry operator extends deal with his casino business.
- Foschi steps up at Carnival
Costa boss Pier Luigi Foschi will be the only new name on combined Carnival/P&O Princess board.
- Princess board backs Carnival tie-up
UK cruiseship owner to become Carnival (UK), although it will remain separate legal entity.
- Vela charters fuel war talk
Saudi charterer fixes at least seven large tankers as tanker rates climb.
- Cost savings expected from new cruise giant
Carnival and P&O Princess also expect to have greater access to capital markets after tie-up.
- Erck Rickmers to buy Ofer boxships
ER Schiffahrt poised to acquire three panamax containerships under construction at Samsung.
- Freighter sails free after grounding
Dutch ship thrown off course by sea ice near Estonian capital Tallinn.
- ANL Indonesia sails from Singapore
Authorities allow collision containership to leave after gaining undertaking from P&O Nedlloyd.
- Kirby inks ExxonMobil barge buy
More consolidation in US inland barge industry as Houston owner picks up SeaRiver fleet.
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