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| JUNE 12, 2003 |
Shipping News
- High-tech ID for seafarers moves closer to reality
HIGH-tech identity cards for the world's 1.2 million seafarers incorporating bio-metric data like DNA information moved one step closer to reality with the opening of the International Labour Organisation's diplomatic conference last week.
- Kwai Chung's volumes up 9.6%
HONG Kong's main container terminals at Kwai Chung handled 9.6 per cent more containers in the first five months of 2003.
- Evergreen's US East Coast ops seen back to normal soon
EVERGREEN Marine Corp expects its US east coast operations to quickly return to normal after withdrawing illegal strike charges against the International Longshoremen's Association .
- Hanjin expects profit to rise 14%
HANJIN Heavy Industries & Construction Co, South Korea's fifth-largest shipbuilder, said it expects this year's operating profit to rise 14 per cent as the company reduces debt and wins more orders for ships and construction contracts.
- Ship sinking in Bay of Bengal, crew rescued
A cargo ship carrying timber from the Malaysian port city of Penang was sinking off India's eastern coast, officials said yesterday.
- Life returns to normal at Shenzhen port
LIFE has returned to normal at Shenzhen, China's busiest port, since World Health Organization lifted on May 23 an advisory against travel to Guangdong province and Hong Kong to curb the spread of severe acute respiratory syndrome .
Air and Land Transport
- jetBlue places US$3b order for 100 Embraer planes
JETBLUE Airways Corp said on Tuesday that it was ordering 100 regional jets for US$3 billion from Embraer, the Brazilian aircraft maker, in order to give its fleet more flexibility in adding routes.
- Qatar Airways to spend US$4.6b on 30 planes
- Aussie watchdog extends Qantas-BA deal temporarily
- BAA's passenger count in May up
- Firm claiming to be airline ordered to stop selling tickets to Hawaii
- Canadian air controllers reach tentative contract
Newbuilds
- Boxship building boom continues but tanker market unclear
THE big container lines appear to be in no doubt about the need for substantial extra tonnage and several seem to think German finance is the best means to acquire new vessels.
Bulletin Board
- Bulletin Board
K-Line Singapore has announced that managing director Juro Shiga will be returning to Tokyo to assume a new position after being based in Singapore for the last six years.
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| JUNE 12, 2003 |
- Evergreen America drops suit to get cargo moving
- Dogs enlisted to sniff out trouble at US ports
- Canmar to deploy largest vessels ever on St Lawrence River
- Iranian line thinks local in Singapore
- Norasia to launch `Eurogalex' service
- Menlo expands North American service to Mexico
- Barge service at Germersheim terminal expanded
- Hactl sees cargo throughput increase in May
- DHL Danzas Air and Ocean Taiwan co-sponsor pesticide delivery
- atar Airways adds first freighter to fleet
- Arrow Air appoints new chairman and president
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| JUNE 12, 2003 |
- Grain export policy stays despite delayed rains
- Capexil expects 14 pc increase in exports this fiscal
- STC and CWC to canalise vanaspati imports from Nepal from now on
- MoF to reorient bilateral aid policies
- Haldia Dock sets handling target of over 1,25,000 TEUs for 2003-04
- P&O acquires major container terminal at Mundra for $ 195 m
- ‘Solution lies with the Customs and JNP officials’ -Capt. Jimmy Sarbh, CMD, NSICT, clarifies NSICT’s position on the congestion
- Mundra Container Terminal - Open for business A TRUE HUB CT
- Capt. Jimmy Sarbh clarifies NSICT’s position on congestion
- Delhi Customs shows the way to ease congestion
- Higher 10th Plan cotton target set by Technology Mission
- AEZ for gherkins to be established in Andhra Pradesh
- Gujarat govt gives tacit nod to establish jewellery park at Surat
- Kerala EOU for pineapple
- MCCI’s services to exporters
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| JUNE 11, 2003 |
- East Coast markets firm with crude
- Panama: Product problems persist, prices power up
- US crude stocks shrink as imports fall, products gain
US crude stocks are down after imports eased last week, widening the year-on-year deficit. Total US stocks of crude and petroleum products are about 10% down on this time last year despite a rise in gasoline and distillate inventories.
- Istanbul: High competition and low pricing fail to stir demand
- Ray of hope for more competitively priced product in Piraeus
- High Korean numbers continue to deflect business
- New Saudi posted prices
- OPEC decides to keep quotas, meet again at end of July
OPEC officials have hinted at a possible OPEC cut in September, which might correspond with an increase in Iraqi oil production.
- London broker welcomes new team member
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| JUNE 11, 2003 |
- Menzies Group appoints Group Financial Controller
- Grimaldi transports trams for Athens
- Qatar Airways flies aid into Basra
- Throughput at Duisport rises
- TNT and Sinotrans abandon Chinese joint venture
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| JUNE 11, 2003 |
- Removal of "Tricolor" starts in weeks
- No ISPS certification for class societies in Sweden
- CSI ports soon to pass 40
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| JUNE 11, 2003 |
- World Bank unit backs Brazil PSV venture
The International Finance Corporation (IFC), the private sector financing arm of the World Bank Group, is to provide up to $70 million to UP Offshore, a start-up shipping group with subsidiaries incorporated in Brazil and Panama.
- Asbestos slows NTSB Norway probe
The NTSB has released more details of its investigation into the S.S. Norway boiler room accident
- EC takes another step in shipbuilding row
Formally requests WTO panel on Korean shipbuilding practices
- Orders for Aker German yards
Three 2,478 TEU containerships for $115 million
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| JUNE 11, 2003 |
- Schnitzer Steel Industries chairman, Dr. Leonard Schnitzer dies
- Port of Seattle joins team working to land Boeing 7E7
- Big Sky Airlines planes to be part of Olympia 'Warbirds' event
- Portland Port Commissioners consider selling Terminal 1 property
- Evergreen America calls off charges against Longshoremen's group
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| JUNE 9, 2003 |
- Truckers Reject State Monopoly in Depot
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| JUNE 12, 2003 |
- MSC agrees best practice on shipbreaking
MEDITERRANEAN Shipping Co has agreed voluntarily to follow best practice in shipbreaking after a meeting with Greenpeace activists and Bangladeshi breaking yard workers in Geneva earlier this week.
- Brussels opens new front against Korean yard cash
BRUSSELS has ramped up its three-year battle to outlaw South Korean shipyard subsidies that are crippling European rivals.
- Oil quotas remain static as Opec watches Iraq
THE Organisation of Petroleum Exporting Countries left output quotas unchanged at its meeting in Doha, but hinted at the possibility of crude cuts after its next meeting in July.
- Evergreen moves to end port captain strike
EVERGREEN has sought to end the disruption to its US operations caused by a port captain strike with a conciliatory move.
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| JUNE 11, 2003 |
- Costly tanker spill for Transpetro
- Genoa port railway goes slow
- Norway lawsuits keep piling up
- Chantiers faces Renaissance probe
- Evergreen breaks US stalemate
- Matson labour problems not over
- Med deal for hazardous cargo
- Japanese detain suspect cargo
- Chennai to dredge for hub status
- Pension protest disrupts shipping
- Bulker abandoned off Kolkata
- MSC agrees to shipbreaking list
- Møller to merge holding companies
- Jordan offers to rebuild Iraq fleet
- Sterckx urges safety improvements
- STX sells yard shares to bank
- Ferries to receive guiding lights
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| JUNE 11, 2003 |
- Evergreen, ILA to hold contract talks
International Longshoremen's Association returns to work one day after carrier withdraws complaint with federal labor board and agrees to bargain with port captains who voted for union representation.
- EU escalates Korea shipyard fight
The European Union calls for the World Trade Organization to set up a panel to investigate its charges of unfair trading practices by South Korea.
- British ports back up to speed after computer crash
- U.S.-Canada group pushes new border crossing
- Frankfurt extends air-freight rally
- Norasia, MOL to launch India-Europe service
- Malaysia's Penang readies tracking upgrade
- Maine ports get $2M for security
- Gillen new sales VP for Pilot Air Freight
- Antonov begins flights into Basra
- Tideworks technology offers global tracking tool
- Waste not, want not: Portland buys closed port terminal for sewer project
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| JUNE 11, 2003 |
- Evergreen: USEC dispute settled, as Rotterdam visit sparks speculation on European hub
Evergreen America has reached a deal with the International Logshoremen’s Association (ILA) in their long running dispute over union recognition for port captains.
- Busan intensifies regional battle for transhipment cargo
Busan Regional Maritime Affairs and Fisheries Office announced today that it will cut port entrance fees for transhipment cargo by 50% from July 1 to December 31, 2004.
- Overhaul of Pacific services leaves CSCL with surplus tonnage
- US Coast Guard to assess foreign port security and block vessels from failing ports
- Brisbane on expansion trail again
- Warehousing deal moves Eurogate further into Russia
- Sleepy charter market slips prematurely into summer torpor
- CSXWT introduces largest container barges to ply Rhine
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| JUNE 11, 2003 |
- Leonard Schnitzer dies
Executive responsible for starting Oregon's Lasco Shipping passes away.
- ILA ends Evergreen strike
Loading operations re-start for the Taiwanese line.
- TT Club gets clean bill of health
Ratings agency affirms B+ rating after improvements in 2002.
- Evergreen drops union suit
Container line forced to withdraw strike charges to get cargo moving.
- HSBC picks up STX Shipbuilding stake
Korean yard sells 15% stake to foreign fund managers in listing preamble.
- Aker MTW wins German trio
Wismar-based yard clinches order for three 2,500-teu containerships.
- Finland and Russia spar over tanker traffic
Russian foreign minister Igor Ivanov fails to provide right answers.
- Farstad signs on for $225m charters
Two supply ships will earn Norwegian owner big money in Mexico over the next three years.
- EC presses WTO on Korean shipbuilding row
Europe says Korea has made "no effort" since October.
- Navibulgar needs cash
Bulgarian owner estimates cost of upgrading fleet to EU standards at up to EUR 200m.
- SCI eyes up next newbuildings
Indian giant finally signs contract on VLCCs at Hyundai.
- US urged to build more LNG terminals
Federal reserve chief Alan Greenspan urges country to boost supply with imports.
- Appledore sweats on contract decision
No word yet on state backing for key newbuilding contract for UK shipyard.
- Greenpeace targets MSC over "toxic" scrapping
Protest in Geneva, but container line says it will examine vessels before sending them to breakers.
- Thenamaris linked to Ceyhan liftings
Greek owner is latest tanker operator to be linked with first post-war crude exports from Iraq.
- Tranz Rail moves to own Aratere
New Zealand group to buy out lease on ferry and book currency gain as it seeks to restructure.
- Todd sees profits slump 40%
Seattle yard books 24% revenue increase but cost overruns take the wind out of its sails.
- OSG backs EU phase-out action
CEO Hyman calls on IMO to make new EU regulations applicable to the rest of the world.
- Joint Hull reviews new policy
London marine underwriters to keep promise to revise hull clauses.
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| JUNE 11, 2003 |
- Gaughan to head MTSNAC
- Evergreen takes space on SCM ships
- Qatar Airways adds freighter
- Menlo expands Mexican service options
- French transport strikes hit shippers
- FMC: OTI license applications, revocations
- FMC denies penalty reconsideration
- Hungarian Customs to host global security equipment event
- KPMG enhances Web-based trade and customs library
- USDA to offer $110 million for export promotion
- ABX appoints McDonald VP of transpacific development
- GAC Logistics opens offices in South Africa
- Subcommittee to mark up Coast Guard reauthorization bill
- Monarch Shipping seeks reparations
- ILA, Evergreen settle dispute
- EC requests WTO action against Korean ship subsidies
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