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26 October 2020 The on-line newspaper devoted to the world of transports 23:19 GMT+1

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Shipping Timesweb site
FEBRUARY 14, 2003
Shipping News
  • Iraq war expected to have little impact on tanker shipping
    TANKER executives expect little impact on their operations if war breaks out in Iraq, with most relying on tested shuttle measures used in the past.
  • Box volumes at S Korean ports pass 10m TEU mark
    CONTAINER cargo handled at South Korea's ports nationwide grew last year by 17 per cent over 2001 volumes, according to the country's maritime ministry.
  • Germany's largest shipyard to slash workforce
    GERMANY's biggest shipbuilder, HDW, said it will axe almost a quarter of its German work force because of intense competition for orders to make both merchant and military vessels.
Air and Land Transport
  • US airlines fight $25 fee to fly stranded passengers
    AT least three airlines - American Airlines, Delta Air Lines and Northwest Airlines - are fighting a US requirement that they fly passengers from defunct rivals for a US$25 fee.
  • Virgin Atlantic's Aussie plan may fall through
  • Singapore, Canada sign aviation maintenance accord
  • Detailed study needed on DVT: expert
  • BAA's Jan passenger traffic up 10.7% on holiday travel
  • Airlines in east China to boost capacity

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Sched Netweb site
FEBRUARY 14, 2003
  • CSCL puts 5,700 TEU vessels between Far East, Med/Europe
  • Wangfoong Transportation appoints Walther Nahr as GM
  • Exel Japan receives TAPA certifications for warehouses
  • Coscol makes pearl of a move
  • Schneider to make speedier deliveries with ILOG Technology
  • K Line's Singapore unit takes over parent's tanker business
  • Northport port operators consolidate operations
  • Columbus Line transports mobile cranes to American Samoa
  • SAS Group, Scandinavian Airlines unit reduce losses in 2002
  • Fresh Schiphol deal signed between Eimskip and Menzies
  • Sharon Thompsett made sales manager for AirRep Cargo Europe

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Cargowebweb site
FEBRUARY 13, 2003
  • FPS under one brand in China
    Asian-based NVOCC and freight services provider, Famous Pacific Shipping Group, has started to unite its expanding operations in China under one brand as it targets the country for growth in the coming year.
  • Jinzhou port inflated figures
    Jinzhou Port Co Ltd mistakenly inflated annual sales for six years, the latest listed firm in China's murky corporate sector to own up to poor disclosure.
  • Deutsche Post invests in Sinotrans
    Deutsche Post World Net acquired a 5 percent share to a value of 52.5 million euro in Sinotrans Ltd., China's leading transport and logistics firm, at the Initial Public Offering.
  • Privatisation of Air France in 2003
    The privatisation of flagship carrier Air France will take place towards the middle or end of 2003 if stock market conditions permit, Transport Minister Gilles de Robien told the French Senate.
  • Air France strike hits result
    Share price of Air France was down 1 per cent to 8,46 euro today after Air France warned yesterday that a strike by some of its pilots earlier this month triggered a loss of earnings of about 12 million euro in the current quarter.

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Exim Indiaweb site
FEBRUARY 14, 2003
  • Hamburg Süd arms, P&O Nedlloyd upgrade UCLA service
  • Lykes Lines enters into Med-Gulf space charter deals with 2 Chilean carriers
  • MOL receives Limited Brands' logistics services award
  • Portlink launches new service linking Med & N-E England
  • Lloyd's Register to class new fleet of containerships
  • Safmarine launches new MPV service between US Gulf ports and W. Africa
  • "K" Line to launch Japan-Vietnam service with GMT
  • $ 1-bn expansion project for Jebel Ali
  • Maersk Logistics meets US Customs' new need
  • NYK to order 3 tankers from 3 shipyards
  • Patrick, Kalmar report successful start to automated straddle carrier terminal
  • OOCL companies become members of C-TPAT programme SCI stake: GE Shipping opts out of race
  • Cosco, Evergreen, Hapag-Lloyd & Wan Hai join hands for new Straits-Red Sea Express service - Direct call at Tuticorin on Eastbound leg
  • India-Bangla-Myanmar coastal shipping service takes off - Transworld, Concor in JV
  • Dumping duty on PTA extended by 3 months
  • Govt planning to export older stocks of wheat
  • US now targets subsidies given to Indian textile trade for export boost
  • Hong Kong invites Indian investors
  • Rubber exports shoot up to 41,900 tonnes
  • IT exports register 28 pc rise in April-Dec. 2002: Nasscom
  • MbPT Officers' Association felicitates Shatrughan Sinha
  • More feats registered by Mundra Port
  • Pvt. operators' entry into ports sector made easier
  • Move to prune vessel-related charges - MoS sets up study group
  • Davies Turner Air Cargo offers electronic export filing ahead of schedule
  • Fiata pushes for advance-filing options
  • Scrap multiple rules to boost industrial output: AIAI chief
  • Indian economy is resilient to face any problem: RBI chief
  • Industrial output grows by 5 pc in December
  • FDI restrictions on several sectors may go in 2003-04 Budget
  • 30 countries to take part in Indiasoft 2003
  • CII to hold meet with Mozambique team on Feb. 21
  • UAE to hold trade fair in Mumbai
  • UK makes entry easier for Indian investors

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The Bunker Bulletinweb site
FEBRUARY 13, 2003
  • Pacific Northwest: Suppliers drop prices to attract demand
  • USWC: Cargos coming in, prices dropping
  • US East Coast: Tight avails, market softens
  • Market report for Ecuadorian ports
  • Daily Bunker market report from Praxis Energy Agents
  • EMMF Singapore on the move
  • OPEC production totals
  • US economy slow 2003, faster 2004
  • Slowdown today after active week in ARA region
  • No supply and large demand pushes Japanese IFOs ever higher
  • Low US crude stocks and Iraqi missile find boost oil prices
  • Italian numbers show little activity
  • Rotterdam little changed on opening

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International Transport Journalweb site
FEBRUARY 13, 2003
  • Eva Air records strong cargo growth
  • Danzas appoints new Heads of Intercontinental Business Units in Asia
  • Samskip acquires stake in T&E Esco
  • UTi Worldwide is newest member of Freight Forward Europe (FFE)
  • TNT Express acquiring two Boeing 737-300Fs

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The Scandinavian Shipping Gazetteweb site
FEBRUARY 13, 2003
  • Kvaerner Rosenberg may close
  • No damage found on "Acushnet"
  • Seven Chinese ports reached 100 million tons

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Marine Logweb site
FEBRUARY 13, 2003
  • U.S. naval market breakthrough for Rolls-Royce
    30 MW aero-derived gas turbine picked for DD(X) Engineering Development Model.
  • Big barge order for Gunderson
    100,000 barrel unit for Sause Bros.

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World Wide Shipperweb site
FEBRUARY 13, 2003
  • Washington governor announces plans for improving Puget Sound
  • Rail intermodal traffic posts gains in January
  • Nanaimo HarborLinks takes possession of new catamaran passenger ferry
  • Department of Transportation extends war risk insurance scheme
  • Union Pacific claims title of first railroad to join C-TPAT program

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Lloyd's Listweb site
FEBRUARY 14, 2003
  • Venezuela exports lag as PDVSA ramps up production
    VENEZUELA'S state oil company Petroleos de Venezuela has ramped up oilfield production to 1.4m barrels per day, but is struggling to push up exports, writes Martyn Wingrove.
  • BP sells North Sea gas fields to Perenco in $162m deal
    UK OIL major BP has sold a clutch of southern North Sea gas fields to London-listed independent Perenco in a $162m deal, writes Martyn Wingrove.
  • Shipowners urged to face up to new world of security
    TIME is short for shipowners to make the psychological leap needed to commit resources to the new world of maritime security, according to Global Marine Security Systems Co, the consultants called in to advise three leading classification societies on security compliance.
  • Tanker markets tight on US stock draw
    TANKER markets are tightening as US oil demand strengthens and global oil prices surge to 28-month highs.
  • Warsash and MRCI in training link
    MARINE Risk Consulting and Investigations and Warsash Maritime Centre have joined forces to provide a new training partnership to offer consultancy and training services to shipping and port firms, as required by the new international maritime security rules.

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Fairplayweb site
FEBRUARY 13, 2003
  • Prestige probe window opens
  • Abidjan to Camden with Safmarine
  • Swedish agree, Finns do not
  • China dominates US Pacific trade
  • Madrid accused over Prestige spill
  • Single-hull ships still calling
  • Maritime excellence rewarded
  • Gas rate slump hits Bergesen
  • Gladstone handles cyclone fallout
  • Nine-day ordeal for injured sparky
  • Tricolor pumping almost complete
  • Baltic yard ahead in Russian battle
  • St Malo shipyard on the brink
  • Politicians wade into HDW cutback
  • Agents reject damage liability bid
  • Panama to meet security demand
  • Shore time in the spotlight
  • Concern over lack of identification
  • Korean ship fund set for launch
  • Waste cargo floods Bangkok

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The Journal of Commerceweb site
FEBRUARY 13, 2003
  • Customs' industry security program not so 'voluntary', says NCBFAA chief
    The Customs-Trade Partnership Against Terrorism is rapidly becoming de rigueur for companies in international trade, according to the trade group president.
  • Supertanker market surges
    The flagging market rebounded after Saudi Arabia, the world's biggest oil exporter, chartered 10 very large crude carriers to haul crude to the United States.
  • Deutsche Post buys stake in Sinotrans
    The German mail monopoly acquires a 5 percent stake in the Chinese logistics provider.
  • Successful test of intermodal system
  • Cargo drives Air France return to profits
  • Marad calls up RRF ships
  • USF Logistics offers ocean services
  • Korean Air's Cho to lead Hanjin
  • Hyundai Heavy spanked for accounting woes
  • TOTE volunteers ship for Mid-East duty
  • Carloadings boost GWI
  • New barge orders for Greenbrier

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Containerisation Internationalweb site
FEBRUARY 13, 2003
  • Forwarding giant breaks ranks over 24-hour rule
    Forwarding giant Exel has distanced itself from other NVOCCs battling ocean carriers for the right to keep the identity of their customers confidential when filing manifest information with US Customs.
  • Surging HNN volumes prop up waning PSA growth
    Continuing its recent trend, PSA Corp's January throughput surged 28% year-on-year, as recent Belgian acquisition Hesse Noord Natie (HNN) drove growth across the group.
  • 'Fragile' Atlantic trades can't support more tonnage
  • TS Lines extends its Intra-Asia coverage
  • Risk of Iraq war hangs over liner trades
  • Australia launches random inspection of empty boxes
  • HK set to legislate for electronic manifests
  • Four-year recovery for drought-hit Australian meat exports

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TradeWindsweb site
FEBRUARY 13, 2003
  • Anders Wilhelmsen makes late bid
    Brothers Gjert and Arne Wilhelmsen wait for profit dive to launch Awilco offer.
  • Bergesen aims high on LNG
    Director Jan Haakon Pettersen says company wants up to 20 ships by 2010.
  • Gorthon sails into profit
    Improved vessel utilisation and forex futures boosts forest products line.
  • War fears hit P&O Princess
    Grand Princess flees Mediterranean for calmer water of the Caribbean.
  • Bergesen VLGCs bleed red ink
    Norwegian owner's profits crash but improvements expected.
  • Soponata mulls suezmax renewals
    Portuguese owner weighs up next step as takes in aframax newbuilding.
  • Ensco loses Gaut
    US offshore shipowner's financial chief Cris Gaut is off to Halliburton.
  • Limarko wins auction for KTF reefers
    Lithuanian shipowner starts talks on takeover of state-owned fleet.
  • North Korean captain fined for grounding
    Master of Dae Song San pays up after incident in Japan.
  • Jody owners sue Port Gisborne over grounding
    Japan's Soki Kisen wants damages for incident in New Zealand last year.
  • Choi confirmed for Hanjin hot seat
    Korean shipowner names replacement for Chan-Gil Kim as group confirms new chairman.
  • Tschudi & Eitzen brings in new man at Esco
    Soren Andersen moves from T&E subsidiary KiL to become new boss of Estonian shipowner.
  • Nacks books Geden foursome
    Turkish owner inks orders for Sino-Japanese joint yard's popular handymax bulker design.
  • WG&A relocation back on
    Philippine ferry owner wants to shift its head office to Manila, two months after calling off the move.
  • Yang Ming confirms Eddie bulker buy
    Taiwan's Eddie Steamship makes return to panamax market with acquisition from compatriot owner.

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American Shipperweb site
FEBRUARY 13, 2003
  • Lyras: tanker operators will decrease drastically
  • CCNI plans U.S./Central America/Caribbean service
  • Maersk Sealand splits regional organizations
  • China Shipping adds capacity and ports to Asia/Europe service
  • U.S. DOT extends insurance cover for ships in the Middle East
  • Ocean carriers concerned over ending of crew list visas in U.S.
  • Canada/North Europe conferences raise Westbound rates
  • NYK starts south China/Japan link
  • Sinotrans shares oversubscribed 20 times
  • IAS picks Fletcher as VP operations
  • NAL appoints Spiker to head global supply services
  • Iogistics names Asher VP, fleet services
  • USFreightways picks Descartes tracking software
  • U.S. Customs says 24-hour rule implementation going smoothly
  • WCO makes strides in developing supply-chain security guidelines
  • ICC submits recommendations on customs to WCO

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