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| JANUARY 10, 2003 |
Shipping News
- Results of MPA's findings to be made public
IN a rare move, the results of the investigation into the collision between the container vessel ANL Indonesia and the RSS Courageous Singapore Navy patrol boat will be made public, according to the Maritime and Port Authority of Singapore.
- P&O Princess formally backs merger with Carnival
- Taiwan to sue shipowner, insurer over 2001 oil spill
- UK charters 20 merchant ships
Air and Land Transport
- Passengers pay far more than airlines for security
AIRLINE passengers paid the federal government nearly US$1 billion for security last year, more than six times the amount the airline industry paid, according to the new agency in charge of airport security.
- United a possible A380 buyer: Airbus designer
- 75 dead in crashlanding, Turkey begins probe
- Dubai to expand airport terminal
- Dutch group to take stake in Air Lib
- Log Book
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| JANUARY 10, 2003 |
- NY/NJ ready to barge away cargo problem
- Kwangyang becomes 1 million TEU port on Boxing day
- Applied Materials outsources to Ryder System in Austin, Texas
- Ro/ro giant hangs up on Mobile and buzzes off to New Orleans
- Emery lands contract to move world's biggest drill to Jakarta
- Air Hong Kong to buy six Airbus freighters
- China Southern Airlines enters into electronic ticket JV
- AirRep steps up service to Moscow after signing deal with DHL
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| JANUARY 9, 2003 |
- MISC wants American Eagle Tankers
Malaysia International Shipping confirmed Thursday its interest in investing in American Eagle Tankers, a unit of Singapore's Neptune Orient Lines.
- China launches first sea rail service
China's first-ever maritime rail service was launched on Tuesday with the loading of a locomotive, four freight cars, and a number of trucks onto a railway ferry.
- United wins another round of pay cuts
United Airlines' flight attendants approved a new agreement that temporarily reduces their salaries by an average of 9 percent as part of the airline's cost reductions under its bankruptcy reorganization.
- Pay deal BA with pilots
British Airways reached a two year pay deal with its 3,200 pilots, which includes a radical restructuring of pilot remuneration.
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| JANUARY 10, 2003 |
- Safmarine, Maersk Sealand in pact on upgraded Europe-Mid. East-Subcontinent service
- Garments exports post robust 9.5 pc growth in value terms
- Trade with Canada set to double in 2-3 years
- US market alive to Indian shrimp
- Rubber industry sees scope for 5-fold rise in exports to West
- WTO restraint on China may boost Indian textile exports till 2008
- Oman Minister calls for India-GCC economic co-operation
- Govt cuts Customs duty on metcoke to 5 pc Dumping duty on Chinese imports goes
- JNPT and P&O Ports at loggerheads - Conversion of BT into CT
- NSICT proves privatisation works! - New records set
- Concor’s throughput crosses 1-million TEU mark in 9 months - ...poised to close fiscal with 1.4 m. TEUs
- Concor, Central Region, commemorates 6 years of its glorious existence - To celebrate ‘Customer Day’ today
- Nabard asks banks to fund floriculture units
- Minister seeks tax exemption for agri-marketing bodies
- Leather export sector allotted Rs 2,500 cr. in 10th Plan
- PDEXCIL weaves pattern for the future
- AIAI hails govt decision to defer airport privatisation
- Govt may raise cess on diesel, petrol
- Gist of public notices/circulars/notifications - Compiled By M. Sreedharan
- Classroom lessons for new exporters - 6
- Seminar on immigration & business opportunities in US on Jan. 14 at IMC
- CII nominee to be present in Geneva for WTO talks
- Meet on ‘Economic Policy Reform Issues’ today
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| JANUARY 9, 2003 |
- EIA forecasts higher oil prices compared to 2002
- Fundamentals tight in the ARA region
- Buyers jump in as Fujairah prices rebound
- Asian markets show signs of rebounding
- IPE begins 2003 by setting a new daily record in Gas Oil futures
- Rotterdam: Nerefco refinery down for a fortnight
- Venezuela's oil exports one seventh of normal
- Latest US oil stocks
- Canaries await heavy fuel replenishment
- Significant losses in Gibraltar and the straits
- OPEC president wants $25 oil price
- US oil data deliver food for bears
- Rotterdam stable this morning
- Daily Bunker market report from Praxis Energy Agents
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| JANUARY 9, 2003 |
- PacifiCats go on block as B.C. Ferries gets a shake up
A venture into fast ferry construction that cost British Columbia taxpayers Canadian $454 million (U.S. $290.6 million) is approaching its final chapter
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| JANUARY 9, 2003 |
- Port of Portland marine director announces he will retire March 1
- MarAd says web report jumps the gun on FastShip deal
- Return of persistent back pain sidelines Secretary of Transporation
- First quarter brings good news for The Greenbrier Companies
- Spain coming onboard as member of Customs' CSI plan
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| JANUARY 10, 2003 |
- Anomeritis blames Spain for Prestige catastrophe
GREECE yesterday lashed out at Spain’s handling of the Prestige incident and defended the master’s behaviour during the drama.
- MISC ready to swoop for American Eagle
MALAYSIA International Shipping Corp has publicly confirmed it is keen to buy into Neptune Orient Lines tanker unit American Eagle Tankers.
- NOL sacks head of human resouces
Neptune Orient Line’s head of human resources, Anne Benbow, was sacked on Wednesday, sparking more talk of a major management shake-up following the ousting of chief executive Flemming Jacobs, writes Marcus Hand in Singapore.
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| JANUARY 9, 2003 |
- Hidrovia hike angers Argentina
- Seaway must learn from Windoc
- Greece on alert over Syrian vessel
- US Customs welcomes Algeciras
- Aker-Kværner eye idle Caneco yard
- Qatar to take stake in LNG project
- Venezuela strike kills box movement
- Bonded warehouses may be closed
- Frontline record lifts share price
- UN warns of Iraq nightmare scenario
- EC maritime policy under scrutiny
- Prestige wreck still leaking oil
- Malta to be hit by pilots' strike
- O'Neil urges IMO solution
- Cosmos to run Cambodia registry
- Stricken Inville completes repairs
- Owners approve new appointment
- UK needs tighter pollution laws
- Fastship confident of funding
- Agent confirms Brazilian bribery
- Anti-THC campaign hots up in China
- Singapore opens maritime fire base
- Arroyo scraps Manila box expansion
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| JANUARY 9, 2003 |
- TSA lifts passenger flight mail ban
The Transportation Security Administration is phasing out a post-Sept. 11 ban on domestic passenger flights carrying small parcels.
- Malaysia wants 5% of world box traffic
But official says ports will need $1 billion worth of investment to increase its current 1 percent share.
- Customs offers confidentiality rule
The proposed rule would allow carriers or NVOCCs to keep shippers' identities confidential on electronic manifest filings.
- MISC eyeing NOL tanker unit
- Atlas Air avoids default
- Shipping gets boost from U.K. for Iraq build-up
- Windoc probe faults Seaway safety, response
- Launch of new forwarder network
- FreightDesk software backs AMS
- Cargolux renews with HTFN
- Portland port director resigns
- Jacksonville snags car contract
- Airborne Express gets Xerox ground deliveries
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| JANUARY 9, 2003 |
- OPA 90 fine as is, shipping chamber says
Lobbyist Cox says impact of new EU retirement dates minimal, but chides European hypocrisy.
- 24 missing aboard Tunisian cargo ship
Rescuers combing Black Sea find radio, but no vessel.
- Flag state's Prestige report delayed
Bahamian registry resorts to diplomatic protests as Spain refuses to co-operate.
- Capitol deal
Washington's Dyer Ellis merges into bigger US law firm
- US presses oil nations to pump more
Bush lieutenants cite alarm over Venezuelan crisis, deny Iraq is a factor.
- Gard faces Amorgos lawsuit
Taiwan to sue P&I club for $10m over Ermis Maritime oil spill.
- Norwegian yards endure order slump in 2002
Startling figures from manufacturers’ association illustrate tough conditions faced by European yards.
- Kron pledges big asset sale
Patrick Kron, new boss of French shipbuilder Alstom, wants to raise EUR 1.6bn from disposals.
- Prestige leaking 80-tonnes per day
More holes plugged in sunken tanker but bulk of cargo remains onboard.
- Zhuhai Zhenrong charters Tsakos VLCC
Chinese charterer resurrects bareboat deal and purchase plan on 1992-built tanker.
- SCI bidders still awaiting security clearance
Indian government yet to vet potential buyers of national shipowner.
- Spain joins US box security drive
Algeciras signs with US Customs, despite legal threat from EU against other member states already taking part.
- Izar developing larger LNG carrier
Yards gearing up to offer designs of up to 250,000-cbm.
- Tanker rates continue upward surge
Two Vs - Vela and Venezuela - are putting pressure on tonnage availability with a subsequent effect on rates.
- MISC confirms interest in AET
Malaysian owner nails colours to the mast in quest for Neptune Orient Line's tanker arm.
- PSA posts 8% rise in domestic throughput
Foreign terminals shine as Singapore container terminal operator sees modest domestic growth.
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