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| NOVEMBER 10, 2003 |
Shipping News
- Consult us first, Asian shipowners urge govts
ASIAN shipowners have expressed their 'deep concern' over the slew of security rules and regulations that continue to confront the industry and 'strongly urged' governments to consult shipowner's groups before introducing additional requirements. 10/11/03
- Terrorists may target M-E ports, ships
SHIPS and ports in the Middle East and North Africa have been highlighted as potential terrorist targets by the US State Department, based on the latest 'credible information'.
- Shanghai's Yangshan may become free port
SHANGHAI's massive deep-water port under construction at Yangshan may be granted free port status, if lobbying by local authorities succeeds.
- Nightmare finally ends for Aurora passengers
THE British luxury cruise ship Aurora returned to its home port last week after a nightmare cruise during which hundreds of passengers became ill from a severe stomach virus and were caught in a diplomatic spat between Madrid and London.
- Sumitomo's H1 profit soars
SUMITOMO Heavy Industries, a Japanese shipbuilding and heavy machinery maker, said first-half profit surged to 4.59 billion yen.
Air and Land Transport
- Virgin Blue can turn NZ profit in 2-3 years: Branson
BRITISH entrepreneur Richard Branson says he expects his discount Australian airline Virgin Blue to turn a profit within two to three years from its proposed New Zealand operations.
- Hainan Airlines to buy 8 Boeing 737 planes
- Aeroflot eyes bold expansion as rivals crowd the skies
- easyJet's passenger count up 18%
- UPS on guard after US warns of al-Qaeda plot
Ship Sales
- SHIP SALES
THERE is no sign of any let up in the very firm dry bulk market and whilst there are various sales reported at strong price levels, there has been a large undercurrent of rumours and counter rumours regarding possible transactions, which have later been denied, with the owners almost invariably saying that the prices being mentioned were 'too low' to persuade them to sell.
Liner Scene
- Stand by for the 18,000 TEU boxboat
JUST how big could container ships become? The answer could be 18,000 TEU or Malacca-max.
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| NOVEMBER 10, 2003 |
- Big orders lift bottom line of Daewoo Shipbuilding
- Qianwan Port handles 100m tonnes
- Hanjin ranked fifth largest in global container shipping
- Port of Oakland invites ideas for distribution centre project
- KLM loads up more Asia Pacific goods
- Gulf Air pares losses to US$5.4 million
- Customs paper work online for DHL customers
- Deutsche Post World Net profits double to US$1b
- Norfolk Southern engineers tie annual bonus to results
- Silk packages herald birth of air cargo
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| NOVEMBER 10, 2003 |
- Shipping Ministry proposes Rs 50 per tonne maritime cess to finance Sagar Mala projects
- GE Shipping to acquire Aframax crude carrier
- Curbs likely on pepper imports under advance licence plan
- VCTPL commences container handling operations from its own terminal
- Mundra Port deftly handles 66,000 tonnes of liquid cargo from Panamax-class vessel
- As JNP races towards 2-m TEU mark, run-up to the final is an uphill task
- Exports via Cochin Port pick up in Sept.
- Centre may not restart grains' exports soon
- Rs 675 cr. sanctioned for infrastructure development in industrial areas
- Term of textile TUF scheme extended till March 31, 2007
- Govt to amend CHA licensing rules to streamline operations, says Shripad Naik
- India bags gold medal for protection of marine environment
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| NOVEMBER 7, 2003 |
- FAMM may exit major UK bunkering port by month-end
Fuel and Marine Marketing Ltd. is currently re-negotiating the contract with local oil terminal operator Falmouth Oil Services. If FAMM withdraws, an opportunity is there for another player to enter what is possibly the UK's most famous bunkering destination.
- Japanese barge premiums could take a year to disappear
Respite from barge premiums could take up to 12 months for the beleaguered Japanese bunker market.
- Shipping company fined again for Port Angeles bunker spill
A Greek shipping company has been fined $75,500 for an oil spill that occurred during a bunkering operation in Port Angeles harbour back in May 2002. The ship spilled 1,188 gallons of fuel oil when its tanks overfilled while refueling.
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| NOVEMBER 7, 2003 |
- Atlant Soyuz gets into heavylift
- Giancarlo Cimoli, CEO Of Ferrovie dello Stato, re-elected chairman of CER
- U.S. Postal Service wants to save money with Siemens' help
- Fercam and Dachser launch "Entargo"
- Intertanko: Need to "walk the talk"
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| NOVEMBER 7, 2003 |
- Zero agreement for Norwegian seafarers
- MPs in favour of punishment of oil sinners
- Modern hull policy launched
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| NOVEMBER 7, 2003 |
- BMI buyer will reopen yard
plans to start with barge construction
- LISCR seeks UN audit
gets endorsement of new Liberian Government
- Cat completes sea trials
Schooner Creek delivers Hawaii cruise boat
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| NOVEMBER 7, 2003 |
- Washington Ecology Department fines shipowner for fuel spill
- Rail freight traffic posts gains across the board for week
- Portland Shipping Club prepares for annual children's shopping spree
- Anniversary of Big Sky flights celebrated at Olympia Airport
- Port of Olympia slates second East Bay property planning session
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| NOVEMBER 10, 2003 |
- Knee-jerk rules no answer to pollution says Moorhouse
QUICK-fix shipping regulations such as mandatory double-hulls for tankers may be politically expedient but will do little to further reduce marine pollution, David Moorhouse has warned.
- I don't know why I am being held, says 'hostage' Pappas
DETAINED salvage master Nikos Pappas remains baffled as to why he is being held in Karachi facing possible charges stemming from the Tasman Spirit pollution affair.
- Lloyd's joins the BRAT pack as 'cornerstone' of market reforms makes its debut
MODERNISERS at Lloyd's of London have put in place the "cornerstone" of coming reforms with the introduction from the beginning of the new year of a standardised and compulsory slip for writing risks across the whole market, writes Jerry Frank.
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| NOVEMBER 7, 2003 |
- Augustea to act over carrier losses
ITALIAN towage operator Augustea has told the Spanish company Gijonesa de Desguaces that it would be forced to take action by this evening if the impasse over the French aircraft carrier Cl'menceau was not resolved
- Kvaerner Philly under scrutiny
A state senator in Pennsylvania has asked Governor Ed Rendell to tighten supervision of Aker Kvaerner shipyard after a report urged a review of a 2000 audit.... Full story
- Furious hauliers block Genoa port
HAULIERS have today blocked access to Genoa's VTE terminal after queuing for three days because high winds had halted operations at the port.... Full story
- Spain pushes through port law
THE Spanish government pushed the new ports law through parliament yesterday despite widespread criticism from opposition politicians.... Full story
- LISCR angry over UN errors
LISCR, the US-based operator of the Liberian Registry, has renewed its call for a full United Nations audit of the funds received by the Liberian government.... Full story
- Cook Strait rival turns up the heat
THE battle for passengers crossing New Zealand's Cook Strait has entered another phase with Cook Strait Shipping's refurbished ferry Santa Regina.... Full story
- SSA clarifies Umm Qasr position
- Russia's Tatneft turns to White Sea
- Les Landes to sue Prestige minister
- SSW bullish about its future
- Panama port to break records
- Evergreen boss slams government
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| NOVEMBER 7, 2003 |
- Jacksonville reopens after accident
The Coast Guard closed the port to commercial vessel traffic for about 12 hours Friday after a 55-foot-dredge capsized and spilled about 600 feet of dredge pipe into the St. Johns River.
- Astar seeks sanctions on FedEx, UPS
Astar Air Cargo is seeking sanctions againstits rivals for making what it described as "unsupported and deceptive claims" in a recent motion they filed with the U.S. Department of Transportation.
- Deutsche Post profit soars
Express, delivery divisions lead the way as earnings more than double in the first nine months of 2003.
- Norfolk Southern, engineers union reach pact
- Vastera names Davenport president, CEO
- Evergreen chief slams Taiwan government
- Rotterdam to raise port dues
- Martinair Cargo to add flights
- UPS, FedEx turn to U.S. post office
- Hanjin posts profit, volume gains
- BAA cargo off in first half
- Malaysia expects 10M boxes this year
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| NOVEMBER 7, 2003 |
- Canadians shippers call for US 24-hour rule exemption
Responding to recent complaints by freight forwarders, Canada's federal government has made formal representations in Washington for Canadian commercial information to be exempt from disclosure.
- Felixstowe plans 1.5m TEU deepwater terminal
Redevelopments at the Port of Felixstowe, including the Trinity III extension and a new 1.5m TEU deepwater container terminal could boost the port's capacity to 5.2m TEU.
- Fremantle blockade costing A$10mn a day
- Dutch rail union issues ultimatum over pay claim
- Algeciras terminal thinks deep and thinks big
- No conclusion to HK THC spat as 'constructive' talks end
- Baltic feeder floats direct-call threat
- Evergreen denies Hatsu and Lloyd Triestino are 'bargaining chips'
- Delhi considers regulating private agencies that 'fleece' shippers
- Hamburg Sud places Asian services under regional office
- Norfolk Southern takes US$107million charge for voluntary redundancy programme
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| NOVEMBER 7, 2003 |
- Court excludes legal costs from limitation fund
Australian judge says claimants' expenses should be treated as a separate matter.
- Naftomar fined $75,000 for spill
But ship's clean-up contractor fingered for much of the blame.
- No lien for surety providers
Fifth Circuit issues significant ruling in Commodore Cruises case.
- TEN sees higher numbers
Fleet growth in strong tanker market gives Nikolas Tsakos a boost.
- "Dead ships" scandal
Unions claim ships without flags are used for people smuggling.
- Croatia chips in for 3 Maj order
Transport Ministry will pay 10% of the costs of building Uljanik Plovidba tanker.
- LISCR calls for UN audit
Register's managers want "full transparency" as UN keeps sanctions.
- Daewoo on course for record profit
South Korean yard group reaps reward for spate of LNG carrier and boxship orders.
- PNSC picks up Tankerska Plovidba pair
Pakistan's national flag carrier has acquired two aframax tankers from the Croatian owner.
- Teekay cuts debt
Cash-rich tanker operator pays off $58m.
- Costs hold key for Nenaco
Philippine ferry owner comes through lean third quarter with bigger nine-month profit.
- Srab remains in the black
Small Swedish tanker owner boosts profits and revenues in first three quarters.
- Mongolian-flagged cargoship held outside Dublin
Customs officials trying to establish reason for vessel calling at port.
- Mystery investor stalks Hyundai
Private equity fund becomes third-largest shareholder prompting speculation of a takeover bid.
- Manitowoc completes bond sale
US marine engineering group to use fresh funds of $150m to refinance its existing debt.
- Ferry firm looks to eBay to sell ship
Washington State Ferries is using online marketplace to dispose of catamaran.
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| NOVEMBER 7, 2003 |
- COSCO adds South Pacific connections
- Eimskip Holding to split into transportation and investment companies
- Greybox sees widening container imbalances
- Report: "Prestige" spill will impact Spain for 10 years
- Kiribati joins IMO
- UP successful in Overnite spinoff
- Vexure names Martinez sales director for TRT Carriers
- SEKO Worldwide opens London office
- U.S. House approves $7.1 billion Coast Guard authorization
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