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| MARCH 10, 2003 |
Shipping News
- Mainlines dragged into Bangladesh shipping dispute
THE mud-slinging from an ongoing shipping dispute in Bangladesh has hit mainline operators with the accusation that they receive 'kickbacks' from a Singapore-based feeder trade grouping dubbed the 'gang of five'.
- US$60m deal clears way for LA port project
A state judge has approved a US$60 million settlement, clearing the way to open a major development at the city's port while securing cleaner air and better surroundings for neighbouring communities.
- P&O posts 180m full-year loss
PENINSULAR & Oriental Steam Navigation Co , the No 1 UK sea-freight company, had a full-year loss compared with a year-earlier profit after an economic slowdown hurt earnings at its cargo joint venture.
Air and Land Transport
- US airlines to ease ticketing rules in the event of war
SEVERAL US airlines say they will loosen travel restrictions and waive some fees in the event of war on Iraq or a 'Code Red' alert.
- Iata says new Heathrow charges unacceptable
- US, Vietnam to start second round of direct-flight talks
- Incidents on passenger planes rising: NZ report
- Boeing to outsource parts production
- Lufthansa to offer business only flights to US
Dockyard
- Prestige report: need to act on place of refuge, lightering issues
AS the political storm caused by the loss of the tanker Prestige last November continues unabated, the inquiries into the reasons for the casualty appear to be in their final stages.
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| MARCH 10, 2003 |
- Evergreen lifts first Log-Net e-commerce award
- Best Transportation supports extended hours at Maher terminal
- Geodis Logistics opens largest distribution warehouse in Ireland
- Fifth IFLN conference to be held in Singapore in three weeks
- Pacer launches two new US-Mexico intermodal freight options
- Seaboard Marine appoints Robert Reford in Canada
- Deutsche Post 2002 profits climb higher than expected
- Cargo load factor for KLM drops in February
- Luxair orders brace of Boeing 737-700s
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| MARCH 10, 2003 |
- New joint venture between Lloyd Triestino & Zim (AUX) to commence next month
- MISC posts mixed results in 9 months of FY 2002-03
- Wilh Wilhelmsen offers US-Mexico service
- Ecsa forum to introduce GRI Asia/east coast S. America from April 1
- General Maritime buying 19 tankers
- Evergreen, LT moves into Shortsea
- Evergreen, Wan Hai launch Taiwan service
- Evergreen unit bids for Thai shipping stake
- Cosco Pacific to bid for Shanghai port project
- F.S. Mackenzie boosts sales team, revamps seafreight activities
- Asia helps Kuehne & Nagel reach 1-m TEU mark
- Lykes Lines upgrades US Gulf/Mexico & Med service
- Shanghai Port Authority splits
- Navy seeks Gulf shipping schedules
- Maersk Sealand celebrates launch of new direct India-Far East-US West Coast service in style
- Maersk Sealand flags off direct India-Far East-US West Coast service - Dirch Maersk makes maiden call at JNPCT
- PL Shipping & Logistics focuses on niche market solutions
- Dumping duty slapped on citric acid imports
- Leather industry sets $ 5-bn export target by 2007
- CWC allowed to acquire 26 pc stake in NMCE subject to Cabinet nod
- Naidu for direct Hyderabad-Frankfurt air service
- Reputed companies begin patronising Concor’s ICD-Aurangabad - Commodities like sugar also moving through the ICD
- Exim Policy to have separate chapters for EOUs, SEZs
- Simplification of duty drawback norms will boost exports: EEPC chief
- FIPB sanction made compulsory for imports by foreign firms
- Govt may continue with duty exemption schemes to boost exports
- 15 AP grape-growers get export quality certificate
- New Disinvestment Sec. assumes charge
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| MARCH 7, 2003 |
- ARA region: Markets soften, strike in Antwerp
- Sleepy Singapore sees subtle market movement
- "Force majeure" lifted in Venzuela
- First Wollybutt crude cargo
- China joins Caspian project
- Lithuanian refinery halt
- African market update
- Daily Bunker market report from Praxis Energy Agents (Thursday)
- Brazilian market update from Petrobras
- Rotterdam slightly softer this morning
- Return of fueloil supply in Uruguay delayed
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| MARCH 7, 2003 |
- Transwide launches new carrier on-boarding suite
- Hays Logistics will be sold
- Deutsche Post World Net with higher revenues in 2002
- Ilyushin Design Bureau turns 70 in April 2003
- Inkotek Group is one of top ten St. Petersburg shipping agents
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| MARCH 7, 2003 |
- Keppel FELS and ENSCO in jackup deal
Joint venture to build enhanced KFELS MOD V (B)
- Honor for Kurz
To receive prestigious Golden Compass from Seafarers' House
- Monterey dumps cruise ship
Legal discharge in marine sanctuary broke agreement with City of Monterey
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| MARCH 10, 2003 |
- Madrid demands hole truth over ‘Gruyere cheese’ Prestige
A SENIOR lawyer at the private firm handling the international aspects of the Prestige case for the Spanish government has left no doubt that Madrid is intent on pinning responsibility for the disaster on the companies and authorities behind the vessel.
- Brussels warning on Erika package deadline
Brussels has warned that just three out of 15 member states are on target to meet the July deadline for implementing Erika I and II maritime safety legislation at national level.
- Finns call for ice class limits
FINLAND is to push Brussels to allow European Union members to turn away oil tankers from ports that do not meet domestic ice class requirements.
- Call for France and EU to supervise quality control
France’s marine accident investigation bureau has recommended France and the European Union to carry out quality checks on all pre-Marpol tankers which could be called upon to transport heavy fuel oil in European waters.
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| MARCH 7, 2003 |
- Venezuela lifts force majeure
- SCI sale process should be ditched
- Canaveral fined for tug monopoly
- Agreement paves way for greener LA
- Erika packages 'not implemented'
- Conflict over Caspian agreements
- Carlsson: no one pays for quality
- New coal mine boosts Gladstone
- Cadet training now more technical
- Mongolia joins open register list
- Galicia studies places of refuge
- Anomeritis promotes owners' view
- Chantiers hears fat lady singing
- China clears $1.9Bn dredging plan
- Hanjin terminal opens in May
- Asian ferry venture to be launched
- Limburg suspects in Yemeni custody
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| MARCH 7, 2003 |
- Business as usual for 'new' Customs
Traders should have noticed no changes as agency transitioned to Department of Homeland Security, a director of field operations said.
- Atlas Air replaces CEO Shuyler
Executive shake-up at the all-cargo carrier amid probe by SEC.
- Cathay unit opens DHL expansion
Joint venture opens 15 new routes as part of Asia express strategy.
- Maher to extend NJ gate hours
- Ice delays Seaway opening
- New bill to improve border crossings
- FMC ruling clears way for Miss. tug case settlement
- Port Canaveral fined in tug case
- New group promotes perishables transport
- New Canada-Alaska air-freight service
- Ryder tabs Tegnelia for supply-chain unit
- Bouchard idles gas barges for inspections: US Coast Guard
- TGAX Logistics appoints Shum to head corporate sales
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| MARCH 7, 2003 |
- Belgian ports at standstill as striking dockers march on Brussels
Transhipment work in all Belgian ports is at a virtual standstill today as the 24-hour strike called by transport workers unions took hold.
- Poor PONL results ‘disappoint’ analysts
- French line plans feeder network extension
- CSX World Terminals to sign Yantai deal
- Draconian US security legislation unlikely to become law
- Biggest containership in the world planned by Germans
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| MARCH 7, 2003 |
- DnB wins banana battle
Norwegian bank wins fight over decision to throw reefer's cargo over the side.
- Gdynia and Cegielski to restructure
Polish government moves to consolidate shipbuilding sector by end 2004.
- India planning escorts for ships in Gulf
Threat of war in Iraq prompts navy to act to protect Indian fleet.
- PCL bullish on panamax tankers
Go-it-alone tanker players expects to expand fleet further with newbuildings.
- Kazmortransflot to expand Aktau port
Kazakhstan state shipping company to upgrade two oil terminals at Caspian Sea facility.
- Ness Marine Brokers not sued
Oslo insurance intermediary is not involved in Henschien court battle.
- Volgaflot buys Okskaya
Russian state offloads 100% stake in Nizhny Novgorod shipyard at auction.
- Fire at Vietnamese yard kills one
Fatality at Vietnam's showcase shipyard Hyundai Vinashin, but details remain unclear.
- AP Moller linked to P&O Nedlloyd bid
Liner shipping chief Knud Stubkjaer cited in deal speculation in Danish press.
- ASRY insists region is safe
Top Middle East repairer says war in Iraq won't affect day-to-day operations at its Bahrain yard.
- Kirby raises $250m
Ten-year notes help reduce bank debt at expansion-minded US barge giant.
- Spainish state plans port of refuge
Politician promises safe haven will be built to cope with risks posed by heavy marine traffic.
- Grupo TMM still struggling to clinch debt swap
Mexican owner’s attempt to avoid May bond repayment has a long way to go yet.
- Crystal ship banned from US beauty spot
Pollution incident results in cruise firm being prevented from sailing in California marine sanctuary.
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| MARCH 7, 2003 |
- Evergreen receives bids from Mitsubishi, Kvaerner
- Hanjin and Sinokor start Korea/Vietnam service
- Maersk Sealand, NYK raise Asia/East Coast of South America rates
- APL reviews Atlantic slot-exchange agreement with Maersk
- Bush makes FAA appointments
- Atlas Air replaces Shuyler as CEO
- Sinotrans picks BNSF, Norfolk Southern for U.S. service
- Settlement plan sought for lower Mississippi River tug franchises
- Congress reviews freight rail spending
- Customs official transfers to DOT
- FMC reviews 13 OTI license applications, 18 licenses revoked
- FMC: monitoring OTI applications reduces "haystack" in terror war
- Ryder names Tegnelia Executive VP
- Unctad appoints Hoffmann Economic Affairs Officer
- USDA’s meat origin rulemaking to cover farm bill requirements
- U.S. requests WTO panel in Canadian wheat dispute
- Geodis moves back into the black
- Maher Terminals to extend gate hours
- Senators say Bush undermining port security efforts
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