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22 August 2019 The on-line newspaper devoted to the world of transports 18:40 GMT+2




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Shipping Timesweb site
OCTOBER 10, 2003
Shipping News
  • Dubai-based feeder starts S'pore-India-M East service
    COMPETITION on the Singapore to India/Middle East trade lane increased a notch this week with the entry of Dubai-based common feeder carrier Simatech Shipping.
  • Ruling next week on where seamen's case is to be heard
    A Miami federal judge is expected to rule next week whether the damages complaints of 10 Filipino seamen injured or killed in Norwegian Cruise Line's SS Norway boiler blast last May will be tried in the US or the Philippines.
  • Indonesia to get buoy tender vessel
    CONTINUING its ongoing commitment to the safety of navigation in the vital straits of Malacca and Singapore, the Japan-based Malacca Strait Council will hand over a new buoy tender vessel to Indonesia in a ceremony on Batam later today.
  • Award for pure economic loss won't result in rash of negligence claims
    A recent damages award of almost US$3 million to a shipowner against the manufacturer of an engine should not be seen as an opening of the floodgates for negligence claims for pure economic loss, the High Court has said.
Air and Land Transport
  • US, Vietnam ink bilateral air accord
    THE United States and Vietnam reached an agreement yesterday to allow direct passenger and cargo flights between the two former military foes but they failed to conclude an 'open skies' accord.
  • Boeing planning lighter version of 7E7
  • 'Critical defects' found in training of US airport baggage screeners
  • Basra airport's reopening postponed
  • Delta execs to meet pilots' union leaders on Oct 17
  • Austrian Air pilots, cabin crew plan strike
Admiralty Casebook
  • Shipowner wins damages for pure economic loss
    THE successful claim by Indonesian shipowner PT Bumi International Tankers for damages in tort for pure economic loss might raise some eyebrows in England but it sends a strong signal to engine manufacturers to take reasonable care or risk damages for negligence, even if their defective engine does not cause any physical damage or injury.
Port Shots
  • portshots
    KUEHNE & Nagel International, the world's biggest sea-freight company, said it plans to buy Hapag-Lloyd AG's Pracht Spedition + Logistik GmbH unit to boost its contract logistics business in Germany.

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Sched Netweb site
OCTOBER 10, 2003
  • Exel expands in Japan
  • Zhangzhou sees 60 per cent growth through August
  • Port directors unvieled across US
  • 'Maritime Week' to highlight industry in Hong Kong
  • Evergreen veteran Kleist dies
  • New India service launched
  • UPS makes fast US moves
  • NACA Logistics gets C-TPAT certification
  • Goodrich's global cargo systems presence increases
  • United cargo takes a dip as passenger numbers nudge up
  • SIA to operate more flights in coming months
  • Polar Air begins weekly Halifax service
  • Emirates to start Brisbane, Auckland services

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Exim Indiaweb site
OCTOBER 10, 2003
  • Market forces to determine type of cargo for coastal shipping: D. T. Joseph
  • Govt to release more textiles quota for US, EU
  • Auto majors eyeing exports market
  • Second-hand textile imports cause concern
  • Sugar exports record 75 pc growth
  • GCC entry opens new doors for India
  • Kolkata Port to get more jetties to boost IWT traffic volume
  • Rlys roping in pvt. players to expand infrastructure
  • CONCOR's maiden ISO cargo special from Vizag to ICD-TKD flagged off
  • AILBIEA plea to simplify state tax structure
  • Ahoy! Asean FTA ahead!!
  • ...and sky is no limit either!
  • Capexil rubber products team to visit US
  • Fresh embargo on grains exports
  • GDP growth projected to touch 8 pc
  • Fiscal experts question VAT regime's utility
  • IMC, BCC&I organise seminar on economic ties between India, Romania on Oct. 13
  • High-level Saudi trade team to visit India soon

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The Bunker Bulletinweb site
OCTOBER 9, 2003
  • Gulf Coast: Higher prices spark heavy demand
  • Crude makes U-turn and races higher
    A closer inspection of the DOE distillate data sparked renewed support across the energy complex today.
  • Late recovery seen in bearish ARA markets
    ARA markets today continued the bearish tack which began early this week. However, a late rally in crude prices brought on higher numbers in the ARA barge market too.
  • Singapore slips reluctantly lower after stock build
    Singapore on-shore stocks of residual fuels are considered high whenever they top 10 million barrels, but so far the high inventory level has not led to any "dumping sale" into the local bunker market.
  • Rotterdam market softer
  • Crude extends losses as Nigerian strike is called off
    We might see the market consolidate around current levels before more news headlines or signals about market fundamentals give the market a new incentive to trade higher or lower.

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The Scandinavian Shipping Gazetteweb site
OCTOBER 9, 2003
  • DFDS invests in Lys-Line vessels and port terminal
  • Budget leaves Norwegian shipping worse off
  • HHLA into St. Petersburg

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World Wide Shipperweb site
OCTOBER 9, 2003
  • Port of Portland agrees to begin Terminal 4 cleanup process
  • Daniel Pearson takes post on International Trade Commission
  • Corps of Engineers slates meeting to discuss Columbia River sediment
  • Matson's new container ship makes arrival in Honolulu
  • New restaurant set to open at Bellingham's Squalicum Harbor

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Il Sole 24 Ore On Lineweb site
OCTOBER 10, 2003
  • La sicurezza entra in porto
  • Arrivano sulle navi i marinai in «rosa»

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Lloyd's Listweb site
OCTOBER 10, 2003
  • Rocketingpanamax rates hit $48,000 and are set to last
    PANAMAXES in the Pacific have gone through the roof this week, hitting $48,000 a day for a voyage from Western Australia to China, and there seems to be no stopping them.
  • Wan Hai and PIL eye Asia-Europe route
    PACIFIC International Lines is planning to join the premier division of container shipping, launching a joint Asia-Europe service with Wan Hai Lines next year, write Marcus Hand and Janet Porter.
  • High freight rates are padding container carriers' pockets
    HIGHER freight rates are having a dramatic impact on container lines' cash flow, with collective income forecast to be up by almost a fifth this year.
  • Borgschulte takes over as ThyssenKrupp chief
    THERE is new chief executive at ThyssenKrupp shipyards, writes Herbert Fromme in Hamburg.

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Fairplayweb site
OCTOBER 9, 2003
  • Israel prepares for 'mega-strike'
    ALTHOUGH the first convoy of trucks carrying Israeli exports crossed the Egyptian border heading to Port Said yesterday afternoon, shippers agree the operation was little more than symbolic
  • New Orleans bids for larger vessels
    THE Port of New Orleans' new Napoleon Container Terminal will begin operations on 11 November and will accommodate vessels of 6,300-TEU capacity.... Full story
  • India ponders extending tonnage tax
    INDIA'S shipping ministry has urged the finance ministry to include dredging companies in the proposed tonnage tax regime..... Full story
  • Compromise on US food import rules
    THE Bush administration has agreed to a compromise on proposed rules designed to prevent terrorists from tampering with food exported to the US market.... Full story
  • Iraq plans to buy Indian wheat
    IRAQ is planning to buy 1M tonnes of wheat from India over the coming months, the chairman of the country's trade ministry has confirmed.... Full story
  • Russia develops Caspian sector
    RUSSIA has begun merging two state-owned enterprises, the Northern Caspian Shipping Company and the Caspian port of Olya.... Full story
  • Cabinet to discuss Cormo sheep
  • Lys-Line prepares for log deal
  • New ferry link for Algerians
  • Singapore reclamation to go ahead
  • Siberian rail hikes security levy
  • Hanjin Heavy plant re-opened
  • End of the lines for Hamburg Sud
  • Jordan shifts cargo to regional ports

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The Journal of Commerceweb site
OCTOBER 9, 2003
  • FDA sets food import security rules
    The Food and Drug Administration has issued long-awaited rules for reporting data on imported foods under the Bioterrorism Preparedness Act of 2002.
  • Schwarzenegger good for California trucking, says CTA vice president
    Expectations that Republican will boost worker compensation reform, other business-friendly initiatives.
  • Astar COO: No DHL influence here
    Airline chief tells DOT hearing that DHL Worldwide Express has no control despite strong business ties.
  • FDA issues food facility registration rules
  • Cargo slumps at U.K. airports
  • EU approves plan to penalize subsidized foreign airlines
  • Railroads, locomotive engineers reach agreement
  • US, Vietnam reach air services agreement
  • Union threatens to expand Israel port strike
  • Envirotainer expects to benefit from DHL Danzas-Lufthansa deal
  • Trinity, ACF reach barge settlement
  • Commercial, military goals focus of Marad strategic plan

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Containerisation Internationalweb site
OCTOBER 9, 2003
  • Vessels delayed as Rotterdam pilot's helicopter is grounded
    Up to ten post-panamax vessels suffered major delays entering Rotterdam Port on Monday after heavy winds and technical problems to a helicopter prevented pilots from boarding ships.
  • Point of principle could be EC spur for TACA appeal
    An appeal of last week's court ruling on the Trans-Atlantic Conference Agreement (TACA) case became more likely when an EC source suggested a point of principle could be applied to other industries.
  • Freight rates unlikely to cease growing strains soon, says report
  • Projected US growth will lead to cargo logjams warns MARAD
  • Feport joins 'Ports of Convenience' battle late, says ITF
  • Nigeria strike postponed, but compromise must be kept, warns union
  • Russian rail rises may cost S. Korean exporters US$40million extra

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TradeWindsweb site
OCTOBER 9, 2003
  • CSAV confirms $204m boxship splash
    Chileans team with Peter Dohle on Hyundai newbuildings.
  • Tidewater warns on earnings
    Giant offshore operator cites weakness in US, foreign markets.
  • Stuve flouts travel ban
    Tor Johan Stuve, chairman of bankrupt Tordenskjold, has left Norway without telling court.
  • Revenues continue to climb at Evergreen
    September saw Taiwanese box giant pulling further away from 2002's more modest total.
  • DFDS in double charterback deal
    Two more sales lift disposals to a dozen with four more ships due to go.
  • ITF blasts UN over arrest
    Federation hits out over "trumped-up" charges against unionist in East Timor.
  • Navstar Shipping protests seizure
    Company at centre of Iraqi tanker smuggling trial professes innocence.
  • Estonians go head-to-head for ferry contract
    Saaremaa Shipping and Tallink could bid for lucrative state deal to serve Baltic islands.
  • Toll falling short on Tranz Rail bid
    Australian group's takeover of New Zealand rail and ferry operator on knife-edge ahead of deadline.
  • Posco weighs up need for LNG ship
    Korean steel giant negotiates terms with Indonesian gas supplier.
  • CSBC inks Yang Ming monsters
    Taiwanese liner giant confirms orders for quartet of 8,200-teu boxships at domestic yard.
  • Tallink raises cash for newbuilding
    Estonian ferry owner welcomes Citigroup onboad after share issue.
  • Shipping does its bit for Rugby World Cup
    Industry could be unlikely hero as suppliers ship in aviation fuel to overcome aircraft fuel shortages.
  • Remote island option for stranded sheep
    Australian government considering shipping unwanted sheep to remote island for mass slaughter.

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American Shipperweb site
OCTOBER 9, 2003
  • FMC formally closes case on TSA contract practices
  • Yang Ming confirms order for four 8,200-TEU ships
  • Kleist, Evergreen advisor, dies at 86
  • GeoLogistics forms alliance with C. Hartwig, Polish forwarder
  • FMC reviews 14 OTI applications, revokes 16 licenses
  • UNCTAD Latin American conference to discuss trade facilitation
  • Sen. Grassley urges China to meet WTO commitments
  • Pearson sworn in as U.S. international trade commissioner
  • Panalpina names Arba as senior VP for Canada
  • U.S. Customs cites Hong Kong textile manufacturers for violations
  • USDA spends $1.5 million on grants to combat invasive pests
  • U.S. catfish farmers petition USDA for trade relief
  • USDA, FDA prepare for international food safety meeting
  • Bremen ports report 11% jump in first-half box traffic




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