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| MARCH 14, 2003 |
Shipping News
- HK chalks up record 19.14m TEU throughput
IT's official - the world's busiest port has become the first to surpass 19 million TEUs throughput in one year, as Hong Kong notched up 7 per cent growth in 2002.
- Over 3,000 workers laid off at Aden's free trade zone
MORE than 3,000 people, including 247 from PSA Corp's Aden Container Terminal , have lost their jobs at the port's free trade zone as ships and industries stay away from Yemen in the wake of the Limburg tanker attack.
- S'porean to head APL's ops division
NEPTUNE Orient Lines has appointed local senior executive and 21-year company veteran Goh Teik Poh to head its liner arm APL's operations and network division.
- Two vessels collide in icy Baltic Sea
AN empty tanker collided with a container ship on Wednesday in icy conditions in the Baltic Sea but the accident caused no injuries or threat to the environment, Finnish officials said.
- Xiamen implements maritime traffic safety law
A locally-enacted maritime traffic safety regulation has been put into effect to handle the complex conditions in the Port of Xiamen of south-east China's Fujian province.
Air and Land Transport
- Boeing resumes work on 777-200LR long-haul jet
BOEING said on Wednesday it would resume development of a long-haul jetliner it mothballed when air travel slumped after the Sept 11 attacks.
- Virgin keen on activities of bankrupt Air Lib
- United willing to extend contract talks with unions
- Austrian Air expects 10% fall in traffic
- Kuwait Airways to cut some flights
- LOG Book
Admiralty Casebook
- Stand-on ship takes 20% of blame in crossing collision
THE English Admiralty Court last week held that a stand-on vessel that was hit by a give-way vessel in a crossing situation should take 20 per cent of the blame for not doing enough to prevent the accident although the give-way vessel did not even see the stand-on vessel.
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| MARCH 14, 2003 |
- CSX World Terminals, Yantai Port Authority sign contract
- Panalpina to charge for processing 24-hour rule manifests
- Hong Kong Q4 throughput up 13 per cent over year
- New business helps Exel operating profit rise GBP8m
- Descartes reports full year loss of US$138.2m, Q4 $108m
- Straits Red Sea Express Service launched
- Hactl sees throughput rise 4.7 per cent in February over 2002
- China Southern reaches codeshare pact with Shandong Airlines
- Lufthansa Cargo to increase fuel surcharge by EUR0.05
- Polar Air Cargo moves headquarters to New York
- AMS appoints Ome McDonald as new director
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| MARCH 13, 2003 |
- ARA region: Prices firm, market quiet
- Spare crude production capacity
- Japanese IFOs drop as more product is made available
- Italian crude influenced IFOs rise, as gasoil backs down
- Ventspils closed due to high winds
- New barge rates for Houston and other USG ports
- Daily bunker market report from Praxis Energy Agents (Wednesday)
- Rotterdam firms with crude this morning
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| MARCH 13, 2003 |
- Polar Air Cargo moves its headquarters east
- TruckScout24 breaks through in first year of operation
- Canton International Airport equipped with Steria technology
- Geodis returns to profitability
- MOL acquires ISO 14001 certification
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| MARCH 13, 2003 |
- Huge certification challenge ahead
- First of Norwegian tugs flags out
- "Midnatsol" ready this week
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| MARCH 13, 2003 |
- Everett Port Commissioners vote to proceed with marina development
- CSX World Terminals becomes partner in Chinese port
- Columbia River Propeller Club slates next meeting for March 21
- Michels named risk manager for the Port of Tacoma
- Transportation Security Administration nabs nearly five million banned items
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| MARCH 14, 2003 |
- Bloccati i fondi per i porti sicuri
- Il basso costo arriva in mare
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| MARCH 14, 2003 |
- Pacific Carriers to cull direct shipbrokers
PACIFIC Carriers of Singapore is slashing the number of shipbrokers with whom it has a direct relationship to a panel of five or 10 as it emphasises "quality rather than quantity".
- UK rules third parties out of security drive
GOVERNMENT officials in the UK are set to keep a tight grip on key security initiatives contained in the new International Code for the Security of Ships and Port Facilities, with a policy of no delegation to third party recognised security organisations.
- MSC-linked firm fined £100,000 for oil pollution
THE owner of a vessel associated with Mediterranean Shipping Co has been fined £100,000 ($164,000) plus costs after the ship was photographed trailing a slick.
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| MARCH 13, 2003 |
- Irish warn of service threat
- TACA raises eastbound rates
- Wellington owner eyes coastal fleet
- Panama owner fined for pollution
- Alstom to seek partner
- MarAd discusses scrapping in China
- HK maritime cluster seeks help
- Directive decision disappoints
- Spanish builder in major cutback
- Dubai unveils war risk coverage
- Relief agencies inspect ports
- Japan aids Indonesia's coast guard
- Philippine operators suffering
- Hyundai MM reassures investors
- Indonesian port aims for hub status
- Box rates slowly improving: Hanjin
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| MARCH 13, 2003 |
- Air-cargo security bill goes to Senate
The bill calls for screening of air cargo on passenger aircraft, and requires carriers to develop detailed security plans.
- Danzas promotes four in N. America
The arm of Deutsche Post announced a series of executive changes in its North America business unit.
- APL appoints Goh chief of operations
The carrier named 20-year veteran Goh Teik Poh to oversee ships and terminals.
- Insurers to maintain airline coverage during Iraqi war
- Iraq crisis top issue for air cargo
- Piracy could have terror links: Experts
- China post cranks up logistics ops
- India sub-continent ready for larger box ships
- EU approves Maersk-Eurogate IT joint venture
- Logistec net slumps on falling volumes
- Portland, Corps in dredging agreement
- Stonepath Group to acquire stake in G-Link
- USCO to manage Home Depot overflow program
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| MARCH 13, 2003 |
- Senators vent frustration at president’s failure to release security funds
Under funding by the Bush Administration is blocking the implementation of key maritime security programmes, US senators say.
- Dutch favour 250% increase in Betuwe Line levy
- Grand Alliance returns to full Asia/Europe capacity
- German stakeholders endorse amended Ports Directive
- Cheaper, 24-hour terminal wins Gefco Brazil volumes
- Tai Young expands Korea/Japan service capacity
- Korean committees resolve to operate joint services
- Yang Ming and Evergreen update East Asian route
- Trading resumes in HMM shares, line dismisses allegations
- MSL boosts presence in Russian Far East
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| MARCH 13, 2003 |
- Moody's assigns Ba1 rating to OSG notes
Agency gives bonds the same evaluation as corporate rating on strength of finances.
- Bow Eagle mate gets jail time
Filipino officer on Odfjell tanker is sentenced to five years in prison for fatal collision.
- Intl Shipholding almost out of the red
US operator slims down loss on 2001, but underlying results still down.
- Big pollution fine for MSC ship
UK prosecutes owner of MSC Ariane over "inadvertent" oil slick off Plymouth.
- Supersize LNG carriers to offer big cost savings?
Consultant Wayne Perry says "size really does matter."
- Independence day named at BC Ferries
Canadian owner plans $1.35bn investment in ferries and terminals to celebrate separation from the state.
- Union Fenosa looks to charter out LNG newbuildings
Vessels will be delivered in mid 2004 before product is ready for shipping.
- Vroon in sale and charter-back deal
Two 2000-built containerships sold to German interests but retained in Dutch owner’s fleet.
- Bahrain to India ferry service planned
Riyadh-based group wants to restart ferry service two years after previous venture failed.
- Bow door ripped off ro-ro in cyclone
Australian owner Perkins Shipping’s Balangut damaged on its way to East Timor.
- LNG newbuilding demand set to continue
But consultant Keith Bainbridge says current prices will hold.
- Philippine owners plot price hike
WG&A and others seek government permission to raise rates to cover higher fuel costs.
- RCL strengthens north-south links
Intra-Asian containership operator starts new Hong Kong, Cambodia, Thailand service.
- Hamworthy sells "peripheral" units
UK marine equipment firm sells rudder and compressor business to Germany's Hatlapa.
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| MARCH 13, 2003 |
- Marad, Exim Bank improve waiver process
- Proposed FMC fiscal 2004 budget covers operations costs ... barely
- TACA raises Eastbound rates, U.S. inland fuel surcharge
- APL enters ship on Cma Cgm Asia/Europe link
- China Shipping expands transpacific service
- APL appoints Goh head of operations and network
- Yang Ming, Evergreen add China/Hong Kong/Taiwan link
- DOT releases State freight data
- COAC meeting set for April 4
- Aphis evaluates hog cholera status for East Anglia meat imports
- Danzas makes regional executive appointments
- Ryder names Fatovic senior VP, logistics
- Carpenter to head itc office of investigation
- NYK opens logistics office in Dubai
- Stonepath takes controlling interest in G-Link Group
- Home depot picks usco to manage overflow program
- Recycled components considered for nafta treatment
- FMC to renegotiate data-sharing mou with customs
- ESC fears amended port directive will hinder competition
- EC clears port it venture of Maersk Data and Eurogate
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