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| JUNE 10, 2003 |
Shipping News
- PSA's S'pore terminals set to handle record volumes
PSA Corporation's Singapore terminals are on track to handle record volumes this year, after 4.4 per cent growth in the year to May pushed its handled volumes up to 7.1 million TEUs.
- Chen Tze Penn to step down as MPA head
A change in leadership is in store for Singapore's maritime regulator, with the announcement by the Ministry of Transport yesterday that Chen Tze Penn will be stepping down after seven years at the helm.
- Satellite set for mid-Pacific launch
A countdown was underway aboard a converted oil rig in the mid-Pacific ahead of the launching of a rocket carrying a United Arab Emirates communications satellite, Sea Launch said in a statement yesterday.
- N Korean ferry calls off visit to Japan amid rising protests
A North Korean ferry serving as the only direct link with Japan called off a scheduled voyage last Sunday amid growing protests at a Japanese port against Pyongyang's nuclear and other threats to security.
- DHL first express firm to enter Iraq
EXPRESS and logistics company DHL has commenced operations in Iraq, immediately following the United Nations Security Council vote to lift economic sanctions against the country, making it the first express and logistics company to enter Iraq.
Air and Land Transport
- China airlines' bookings improve as Sars recedes
CHINA Southern Airlines, China Eastern Airlines, and the country's other carriers said passengers are starting to return to the skies as the number of newly reported Sars cases declines.
- THAI plans to resume flights, fill more seats
- Boeing may seek govt aid to fund new jet
- Pension plan could cost Delta US$65m
- Iberia to chalk up profit in first 5 months
Features
- Desert home for idle jets
NO better barometer of the fortunes of the airline industry exists than 484 hectares of parched brown earth in the Mojave desert, baking at 102 degrees.
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| JUNE 10, 2003 |
- HK rail line remains safe despite government cutback
- HUD buys 55 per cent stake in AMS after signing deal
- Korman granted China NVOCC licence
- US, Chile sign free trade agreement
- Lui to run Singapore Maritime and Port Authority
- CSX, NS, Conrail ask STB to transfer NYC, PRR
- Exel's Tankfreight unit to take on company name
- Monahan chosen as Hawaiian Airlines Chapter 11 trustee
- United begins service to Seoul
- UIA expands with new sales partners
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| JUNE 10, 2003 |
- Canalising agency MMTC has no wheat to meet Singapore order!
- Arvind Mills in JV with Mauritius-based company to boost apparel exports
- Common standards for jute goods on anvil
- PTA/FTA with Mercosur soon to boost exports to LatAm
- All lines of credit to be routed through Exim Bank
- India may sign preferential trade pact with Egypt
- Delegation from Port of Le Havre throws light on its competitive strengths
- CoPT submits strategic mega hub plan to MoS
- S-E Rly to complete doubling of Haldia-Panskura rail line in 10th plan
- Night clearance facility for factory-stuffed exports started at ICD-Tughlakabad - Customs & CONCOR’s joint effort in speeding up exports
- Forex reserves surge by over $ 1.5 billion to cross the $ 80-billion mark
- Delhi Customs initiates proactive measures to expedite cargo clearance at ICD-Tughlakabad
- CII offers to prepare economic agenda for development of state
- Last date for claiming textile duty credit extended
- ESC & J-SIG to lead IT delegation to Japan
- PM slated to visit China this month
- Chinese firms bag top infrastructure contracts in India
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| JUNE 9, 2003 |
- Parsons gets master agreement for NGSS $400 million shipyard plan
Parsons has been awarded a master services agreement for a five-year, $400 million, facilities modernization and expansion program at three Northrop Grumman Ship Systems sites
- Austal wins Yemen patrol boat contract
Australia's Austal Ships has won a contract to supply a fleet of patrol boats to the Republic of Yemen, Ministry of Defense.
- $96 million Caspian contract for Keppel FELS
Platform and living quarters for TPG500 platform
- Stolt Offshore wins $112 million Angola contract
Installation of 100 km of pipeline
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| JUNE 9, 2003 |
- Vancouver, BC Port Authority pleased with Marine Act review
- Port of Portland holding series of airport noise open houses
- Anacortes Port Commission Oks Ship Harbor land sale
- APL adds El Salvador call to Mexico/Central America run
- Governor Locke praises lawmakers for $2.57 billion construction budget
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| JUNE 10, 2003 |
- China’s giant CSK Fortune up to speed
THE biggest dry bulk carrier ever built in China has passed its sea trials with flying colours.
- Sterckx calls for steeper owner pollution liability
BRUSSELS should push ahead with increased financial liability on shipowners for pollution spills, if European Union member states fail to sign up to an IMO amendment.
- Companies hit by customs systems crash clamour for compensation
CONTAINER lines, freight forwarders, and importers that lost money because of last week’s computer crash that badly disrupted customs clearance at Southampton and Tilbury will be pressing for compensation.
- Cape Asia proves mettle with first newbuild order
NEW capesize pool operator Cape Asia has swung into action with a 175,000 dwt newbuilding contract at Shanghai Waigaoqiao Shipbuilding.
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| JUNE 9, 2003 |
- Seafarers oppose biometric progress
- Tanker groups split on new EU rules
- Kuwait acts on port delays
- Russian bucks building trend
- Norway explosion lawsuits mount
- Certificate forger prosecuted in UK
- Singapore names new MPA chief
- Bahrain lures Iran maritime sector
- Japan's new single-hull proposal
- UK port box backlog broken
- Paris devolves pollution powers
- QM2 receives first pods
- Power generators head for Umm Qasr
- Malta's got it covered
- Tourist concerns halt coal loading
- Italy promises €1.5Bn for ports
- Tranz Rail receives new offer
- Lines reject Mombasa charge call
- Controversial ferry call cancelled
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| JUNE 9, 2003 |
- Shippers have to change their ways to help ports cope with box flood: Execs
U.S. ports will be buried by growing container volumes unless shippers change the way they do business, a major terminal exec said.
- Meat shippers ask FMC rate probe
U.S. meat exporters charge shipping lines in westbound Pacific using anti-trust immunity to push up rates, pinch supply of refrigerated boxes.
- Oracle bid for PeopleSoft signals ERP shift
- Decision expected today in Evergreen dispute
- Lines welcome increased box inspections
- Customs has finished security rule draft: Hutchison
- No bunker change for TACA
- Coscon Europe service adds Nehru call
- Polar Air Cargo chooses France agent
- Tropical Shipping, Kestrel form alliance
- Log-Net, toy importers form alliance
- Elite changes name
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| JUNE 9, 2003 |
- CSAV confirms fleet replacement programme
Chilean container giant CSAV has lifted the lid on the details of a $698.5m containership order with German partner Peter Döhle.
- P&OP pumps cash into further Indian port project
- Compensation looms, as UK ports' clearance delays end
- Baltic link aims for maximum capacity by 2006
- Toll pursues Tranz Rail takeover bid
- Hamburg Sud, FESCo deepen NZ/Asia relationship
- Confident YICT says it can handle volume growth
- Agreement promises Chile-US trade boom
- MSC launches new China/Long Beach service
- New boss for Singapore port authority
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| JUNE 9, 2003 |
- 'Controlled' carriers lose their grip
Number of foreign state-owned lines calling to the US plummets.
- July kick-off for Cove Point LNG imports
Reactivated US terminal gears up to receive first shipment in over 20 years.
- B+V cuts workers' hours
Yard facing switch to part-time contracts unless new work emerges.
- Christodoulou joins Dialog board
Former Genmar CFO picks up directorship gig.
- Unqualified first officer jailed
Seafarer used photocopied forgeries to sail as senior officer and master.
- ILO to tighten seafarer ID
Majority of countries see eye-to-eye on biometric identity card.
- Oman LNG bumps up condensate shipments
Japanese buyer charters tanker as it inks supply deal with Oman LNG.
- Korean yards pile on the orders
Shipbuilders have booked over $10bn worth of newbuilding business in the first five months of 2003.
- Confusion over China ship delays
Officials deny soya import hold-up is preventing many ships discharging.
- Korean chaebol probe launched
Shipbuilders Samsung and Hyundai, and owner SK Shipping to come under scrutiny.
- Hanjin predicts profit rise
Korean shipbuilder already set fair for the year on current order haul.
- OMI joins Teekay in backing EU tanker ban
Tanker player with a youthful fleet is happy at the ban. The Greeks, understandably, are less so.
- Singapore to start yard temperature checks
Shipbuilders will be "required" to start daily worker temperature checks to prevent SARS flare up.
- Austal inks Yemen newbuilding deal
Aussie firm to build patrol boats for Middle East trouble spot to help combat terrorism problems.
- Lauer severs ties with Oglebay
Chairman calls it a day at minerals and shipping group six months after stepping down as CEO.
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| JUNE 9, 2003 |
- Radio operators union spurs Matson
- WTSA carriers ponder outbound 24-hour rule surcharge
- Hanjin adds new 5,750-TEU ship into China/Europe service
- U.S. backs off on tougher explosive regulations for rail
- Hungarian Customs to host global security equipment event
- KPMG enhances Web-based customs compliance library
- Security and compliance seminar offered to Houston-area shippers
- Toy Shippers pick Log-Net execution software
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