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| JULY 15, 2003 |
Shipping News
- Shenzhen terminals' overall throughput soars 42%
SHENZHEN's three container terminals have reported stunning growth for the first half of the year with growth rates as high as 83 per cent, but the booming box count is putting mounting pressure on dwindling capacity at the terminals.
- Kwai Chung's box traffic down 4.3% in June
SEA container traffic at Hong Kong's main port facilities in Kwai Chung fell 4.3 per cent on the year in June as the belated impact of the Sars outbreak started to kick in, the Port Development Council said.
- Sunday port fees in peninsular Malaysia waived
THE Ministry of Transport has waived the Sunday charges at all principal ports in peninsular Malaysia.
- Leaks from old sunken tanker threaten Russia
RUSSIAN divers are exploring a sunken Japanese tanker that has begun releasing large quantities of oil and threatens to spark an ecological disaster off the west coast of the Pacific island of Sakhalin.
- Glorious arrival
THE new Carnival Glory being escorted by water-squirting tugs as it arrives in Cape Canaveral, Florida.
Air and Land Transport
- Hurdles still in the way of any Swiss, Lufthansa deal
A merger between Swiss International Air Lines and Lufthansa is unlikely to be imminent as the Swiss carrier must overcome several hurdles before any takeover can happen, analysts said.
- KLM denies it has picked SkyTeam alliance
- New Bangkok airport facing further delays
- Qantas urged to trim management team too
- Joint venture to set up Myanmar's second int'l airline
- S&P affirms ratings on 2 Japanese airlines
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| JULY 15, 2003 |
- OOCL orders two Samsung SX ships
- China Merchants' logistics arm to be listed
- Menlo hands Yam more Asia responsibility
- U-Freight opens new Illinois office
- Malaysia to strengthen anti-smuggling force
- K Line to give dangerous cargo handling advice online
- Dow Chemical, BNSF complete Texas rail link
- Air France cargo volume dips in June
- New haulage record set by Emirates SkyCargo
- Air Canada to offer Toronto/ New Delhi service
- Swiss rolls out slimline winter schedule
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| JULY 15, 2003 |
- Indian cos shipping out LPG cylinders to Iraq
- GE Shipping raises $ 59.6 m through ECBs
- Gesco move to acquire 61 pc more stake in P&O Travel India
- Parliament to decide SCI fate - ... And then there were two
- US slaps dumping duty on Indian PC steel wire strands
- Diamonds, jewellery exports boom despite strong rupee
- HEPC to hold buyer-seller meets in Australia, New Zealand this month
- Land policy for Major Ports being formulated-Sinha - Haldia Dock Complex awarded ISO 9001:2000 certification
- CII urges MoS to prevent congestion surcharge at NSICT
- MbPT introduces e-auction of uncleared goods
- Forex reserves dipped by $ 215 million
- Textile exporters urge review of mandatory requirement of registering with CBEC
- Gujarat to invite investment in 7 core sectors, including ports
- SEZ status for Sitapura jewellery units
- IIP puts industrial growth at 5.7 pc in May
- Rising exports boost bank credit
- Sewa, Textile Ministry sign joint initiative to train Gujarat artisans, weavers
- PEC included in import entities list
- DEA workshop diagnoses reasons for high transaction costs in ex-im trade
- WTC, ITPO to hold meet on July 16 to promote trade fair
- Asean bid to boost regional trade
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| JULY 14, 2003 |
- Oil prices ease as storm changes path
- OPEC crude basket peaks above ceiling
The OPEC crude basket rose above the $28 ceiling of the group's official $22 to $28 target range on Friday, but is not likely to stay there.
- Bominflot says manager's departure due to restructuring
Bominflot today announced that the manager of Bominflot Hellas Ltd has been released from his duties with immediate effect.
- UK: Address change for broker
- Baltic market backs down, but avails tightening up
- Rotterdam a little softer since Friday
- Singapore: MPA announces financial incentive for suppliers
In a press release today, the Maritime and Port Authority of Singapore (MPA) announced that it will be providing financial assistance to bunker suppliers who meet the qualifications for the Accreditation Scheme for Bunker Suppliers within the 2-year time frame.
- Brazil: Prices rise, some supply disruptions
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| JULY 14, 2003 |
- Management team buys Seawheel
- Van Uden Maritime takes over Baltic Express Line
- Continental Airlines & TAP Air Portugal sign marketing agreement
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| JULY 14, 2003 |
- Concordia orders four P-max tankers
- Mann aquired ESCO company
- Sharp increase in passenger numbers in Trelleborg
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| JULY 14, 2003 |
- Concordia orders P-Max products tankers
Stena Group's Concordia Maritime has confirmed orders for four P-MAX medium range (MR) products carriers to be built at the Brodosplit Shipyard in Croatia.
- SENESCO gives NOAA ship major overhaul
After a recent overhaul at SENESCO, NOAA's 1962-built Albatross IV is , preparing to head back out to sea for another 5-7 years of ocean exploration.
- KPSI's first christening
New Matson containership Manukai christened in Philadelphia ceremony
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| JULY 14, 2003 |
- Investor service increases Port of Tacoma bond rating
- Panama Canal working with Port of Houston Authority
- Princess Cruises christens first ship in Vancouver, BC
- Wife of Hawaiian senator christens new Matson vessel
- Vessel consortium links Portland with northern European ports
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| JULY 15, 2003 |
- Scrap protest as IMO talks open
THE issue of shipbreaking made a hard landing at IMO headquarters yesterday, as Greenpeace delivered a two and a half tonne sculpture built out of the remains of five ships to its front door to coincide with the opening of this week’s Marine Environment Protection Committee meeting.
- Dozen LNG giants for Qatargas 3 project
A Liquefied natural gas project worth $5bn and requiring up to 12 giant newbuildings has been unveiled by Qatar Petroleum and ConocoPhillips, the US energy group.
- London P&I Club slams Spain’s handling of Prestige disaster
LONDON P&I Club chairman John M Lyras has strongly criticised Spain for the way it handled the Prestige emergency and for its treatment of the ship’s master.
- Sniffer cat snuffed out by Mafia
Rusik, the sniffer cat used by Russian authorities to scent smuggled caviar, has been run over in a suspected Mafia contract killing.
- Foreign crews ‘entitled to UK minimum wage’
FOREIGN seafarers employed on Red Ensign ships trading in British waters are entitled to the minimum wage, Shipping Minister David Jamieson reaffirmed at the weekend.
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| JULY 14, 2003 |
- Management team buys out Seawheel
- Inchcape wins oil port business
- St Lawrence looks for business
- Submit security plans by year-end
- US to appeal WTO steel ruling
- Keep subsidy ball in Council court
- British Waterways targets freight
- Fesco expands for box trade boom
- SNAV says Tirrenia not playing fair
- Unwanted gift for IMO
- 1990s ships now going for scrap
- Bangladesh overhauls ferry ops
- Qatar, Conoco sign $5Bn LNG deal
- US approves Chile, Singapore FTAs
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| JULY 15, 2003 |
- Deutsche Post, DHL chiefs ordered to testify in DHL ownership case
A federal judge ordered the chief executives of Deutsche Post World Net and DHL Worldwide Express to testify in the ownership dispute over DHL Airways.
- FedEx Freight still regional LTL: CEO
Executive says time-sensitive services give international unit local identity.
- MOL realigns N. Amer. management
The Japanese carrier puts an emphasis on yield management, cost control and profit and loss responsibility.
- Airborne slates takeover vote
- No change for TACA bunker charge
- New Matson vessel first since '92
- Malaysia ends Sunday port charges
- Customs seizes weapons cache in Portland
- Menlo Worldwide’s Yam adds South Asia
- Amerijet expands in Mexico
- Xerox chooses GT Nexus
- Senate gets port security funding bill
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| JULY 14, 2003 |
- German road toll chaos looms through lack of on-board units
The introduction of the controversial German road tolls due on September 1, is leading to widespread fears of chaos that could reach far beyond its own borders.
- Maputo renovation begins - a new southern Africa gateway?
International tenders have been issued for the rehabilitation of the port of Maputo, which was concessioned to the private sector this year.
- Seawheel troubleshooter leads management buyout
- Ballot to finalise scope of Nhava Sheva congestion charge
- Unrefrigerated chemicals cause Eastabout vessel scare
- HK's Kwai Chung volumes dip in June
- Korea’s Pacific volumes falter
- Box surge boosts Itajai as reefer containers boom
- Schenker finds Trieste alternative to northern Europe
- Tranz Rail denies new financial crisis amid share price spat
- TAMP approves Visakha tariff discounts
- Port volumes begin to reflect Argentina's recovery
- Lyttelton holds up despite losses
- Paranagua dredge resumes
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| JULY 14, 2003 |
- Millenium crew lose penalty-wage battle
New owner Wayland will not have to pay punitive damages.
- Holograms come to shipping
Register uses credit card technology to combat document fraud.
- Moody's upgrades Tacoma rating
Cost of funding container 'mega-terminal' will drop as a result.
- California seeks cruise fuel ban
Experts express concern over safety implications of new proposals.
- Greenpeace in new IMO row
Memorial to Chandris death tanker proves unwelcome gift.
- Fred Olsen to sell storage tankers
Norwegian owner set for $58m boost from disposal of floating production venture.
- Concordia confirms Croatia orders
Max concept extended with $140m deal for high capacity MR products carriers.
- Nordic American loses sparkle
Profit shrinks but tanker owner is still raking in the cash.
- OOCL orders boxship pair
Hong Kong operator takes recent order tally for 8,000-teu ships at Samsung to ten.
- Bumper tax payout on cards for TMM
Mexican shipowner looks to have won long battle for VAT rebate.
- Ro-ros restore Leif Hoegh
Better second quarter at Norwegian car carrier owner, excluding book losses on reefer sales.
- Mipo inks Saudi tanker deal
National Chemical Carriers' long mooted newbuilding plans finally come to fruition.
- Simon sells Seawheel
Four of the short-sea ro-ro company's managers snap up business for £1.
- A&P re-opens Tees facility
Last of the yards acquired in late 2001 following Cammell Laird collapse is back in business.
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| JULY 14, 2003 |
- Report: Corpus Christi signs first agreement with Cuba
- Additional service to Europe at port of Yantian
- Matson names new U.S.-built containership
- IMO panel to debate quicker phase-out of single-hull tankers
- Deutsche Post names Weber to supervisory board
- BNSF completes spur for Union Carbide
- Advance manifest review leads to weapons seizure in Portland, Ore.
- Former Contship executives form U.K NVOCC
- U-Freight America moves Illinois office
- Swire Beverages picks Descartes solution for China
- Passage of Chile and Singapore FTAs could come before August
- Senate panel votes $28.5 billion for DHS budget
- Inchcape to handle 10,000 port calls for ExxonMobil
- Alameda Corridor appoints new CEO and board chairman
- Dubai port prepare for large containerships
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