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08 August 2020 The on-line newspaper devoted to the world of transports 23:17 GMT+2

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Shipping Timesweb site
MARCH 17, 2003
Shipping News
  • More funds for Indon navy to fight sea crimes
    INDONESIA will increase Budget spending on its navy to help improve sea security this year, leaders of the military have announced.
  • Kenya beefs up port security after US warning
    KENYAN police have beefed up security at the port of Mombasa after the United States warned US citizens about possible new terrorist threats in east Africa.
  • Owners see slower demand for single-hull tankers
    BERGESEN dy ASA, the owner of 12 oil tankers, and rivals are finding it harder to win cargoes for their single-hull ships as nations ban them and importers focus on safety following the sinking of the Prestige in November.
Air and Land Transport
  • UK carriers' pollution costs seen quadrupling in 30 yrs
    BRITISH Airways Plc, EasyJet Plc and other British airlines' pollution-damage costs may quadruple in 30 years as air travel surges, the UK Treasury said in a report.
  • Skymark narrows Q1 loss, sees full-year profit
  • Obstacles to merger mounting for Brazilian airline Varig
  • Lockheed secures US$4b Pentagon order for 60 planes
  • Log Book
Port shots
  • Port Shots
    HAPAG-Lloyd, OOCL and P&O Nedlloyd have launched a new Japan-Thailand-Vietnam intra-Asia service, JTV.
Liner scene
  • Liner business - boxed in or rolling along?
    WITH hindsight, it is clear that a few companies made a shrewd move - way back at the dawn of containerisation.

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Sched Netweb site
MARCH 17, 2003
  • Hamburg Sud to acquire Taiwanese shipping line Kien Hung
  • Marks & Spencer Hong Kong renews agreement with Exel
  • OIA Global to use ArcSend customs solution
  • RCL, Samudera to launch Singapore/Chennai service
  • Contship speeds up North America/Mediterranean service
  • UAL seeks Chapter 11 extension
  • IATA: global cargo traffic figures back to January 2001 levels
  • Danzas promotes four executives in US

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Exim Indiaweb site
MARCH 17, 2003
  • Evergreen shopping for 30 mega boxships
  • Hapag-Lloyd, OOCL, P&O Nedlloyd unveil fast intra-Asia service-JTV
  • ...lifts first Log-Net e-commerce award
  • Hutchison completes berth at Jakarta port
  • MOL acquires ISO 14001 certification
  • Hanjin & Sinokor set sail for Vietnam with 3 vessels
  • CP Ships upgrades Gulf-Med service, ends direct US-Andes calls
  • APL boosts Mexico-Asia service adding ports & faster ships
  • PSA's February throughput up
  • APL pact with Colombo terminal
  • ECU-Line's service to Darwin (Australia)
  • Exporters violating vessel manifest rule will face penalties: US attache
  • New office-bearers of NISAA assume charge
  • Sinokor Merchant Marine extends service to India - Parekh Marine appointed General Agents
  • New record in lump ore handling set at VPT
  • Centre approves Sethusamudram canal project
  • CII study urges non-Major Ports to target captive cargo
  • Kandla Port set to achieve record throughput of 40 m tonnes in 2002-03
  • Paradip Port exceeds cargo handling target in Feb.
  • CII throws up concept of 'virtual SEZs'
  • Experts read out the Union Budget's fine-prints at IMC meet

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The Bunker Bulletinweb site
MARCH 14, 2003
  • Novorossiysk closed
  • Bearish paper fails to dent avail strengthened Singapore numbers
  • Chemoil Opens in Panama
  • Rotterdam softens with crude and barges

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The Scandinavian Shipping Gazetteweb site
MARCH 14, 2003
  • "Bow Eagle" mate got five years
  • New Gotland ferry failed inspection
  • Doubts about Norwegian net wage

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Marine Logweb site
MARCH 14, 2003
  • Austal wants changes in MES rules
    Cutting the accident risk of unnecessary deployments
  • Kvichak delivers pilot boat
    New vessel for sabine Pilots Service

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Lloyd's Listweb site
MARCH 17, 2003
  • LR warns registers to seek IACS role
    LEADING classification society Lloyd's Register has told the Cambodian and Mongolian ship registries it has no intention of acting as a Recognised Organisation for either body and that the register's name should be deleted from their files.
  • Coastguard role suffers in push for security
    THE US Coast Guard is already finding it tough to carry out its traditional role while taking on new responsibilities for homeland security, and there is little in the latest Bush budget proposal to suggest the pressure will ease any time soon.
  • US warns diplomacy is near end
    US vice president Dick Cheney yesterday warned that Washington was "close to the end" of the diplomatic efforts to disarm Iraq.
  • Carnival plans unaffected by war fears
    Carnival Corp chairman and chief executive Micky Arison said that the imminent conflict in Iraq would not influence business decisions already made by the company, writes Hugh O'Mahony in Nantes.

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Fairplayweb site
MARCH 14, 2003
  • More Panama licence fraud
  • 'Carrier' is name on front of bill
  • Tuticorin concessions for regulars
  • OECD lifts corporate veil
  • FMC working closely with US Customs
  • US, Russians agree oil programme
  • GPS jamming could hit shipping
  • Gladstone expansion commissioned
  • Managers address critical issues
  • Red Sea three confer on premiums
  • Bow Eagle officer finally sentenced
  • Korea Line strengthens management
  • Search for TMN partner still on
  • Korean shipping braces for war
  • US Customs assures Indonesia

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The Journal of Commerceweb site
MARCH 14, 2003
  • OOCL parent's profit down in 2002
    Orient Overseas (International) Ltd. posted after-tax profit of $51.7 million, off 16 percent from $61.3 million in 2001.
  • Swiss loses $725M in first year
    Swiss International Air Lines fell to a larger-than-expected 2002 loss of $725 million in its first year of operations.
  • Resolution may be near in U.S.-China shipping dispute, says FMC's Blust
    The United States is making more progress with China than with Japan in resolving U.S. charges of unfair ocean shipping practices, the chairman of the Federal Maritime Commission told Congress.
  • Saudis fix up to 14 tankers for U.S. Gulf: Report
  • Northwest Cargo exec optimistic on CPS growth
  • American hikes fuel surcharge
  • Fuel charge hike by Caribbean carriers
  • DOT releases State Freight Profiles
  • War? Be prepared, says 3PL
  • Pollution fine for owner of MSC ship
  • IFLN, Emirates in air-cargo agreement
  • Datatrac launches Agent Exchange
  • Ryder adopts 'poison pill' review policy

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Containerisation Internationalweb site
MARCH 14, 2003
  • OOCL's 2002 results 'much better than expected'
    OOCL has exceeded profit expectations for 2002, leading to even stronger optimism for 2003, although it cautioned that global uncertainty does threaten profitability in the first half.
  • Conference lines turn to GRI as VCCI blocks THC
    Carriers, unhappy at the Vietnam Chamber of Commerce and Industry's (VCCI) decision to cancel proposed terminal handling charges (THCs), are contemplating a rate increase instead.
  • Analysts sceptical of eastbound Atlantic GRI
  • Carriers deny stretching supply chains
  • New China offices follow NYK's mainland volume surge
  • US Custom's has ACE up its sleeve
  • RCL, Samudera launch weekly Singapore/Chennai string

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TradeWindsweb site
MARCH 14, 2003
  • S&P withdraws ratings on MC Shipping request
    Company now has less than $25m in outstanding bonds.
  • Swap deal mops shares
    Over $1m of Frontline stock bought through bank contract.
  • Upbeat Mexican outlook won't help Pemex
    Oil company's large outlays to national government holding it back, Moody's says.
  • Peter Cooney goes west
    Recently retired V.Ships chief joins the Graig board.
  • Murmansk Shipping could lose icebreakers
    Russia considers new management company to oversee operations along arctic route.
  • Vela cranks up the action again
    VLCC market surges as US bolsters crude stocks pre any Iraq conflict.
  • Austal calls for escape drill cutback
    Repeated ferry evacuations criticised for creating unnecessary risk.
  • Fire extinguished on BSC ship
    Investigation begins into incident aboard Bangladesh Shipping Corp vessel at Mongla.
  • Equasis scores owners and managers
    Ship database move to rate deficiency record stirs controversy.
  • Srab launches cash drive
    Share issue signals fleet expansion at small Swedish tanker owner.
  • Yang Ming plans bond sale
    Taiwanese liner player lines up cash to pay for tonnage acquisition spree.
  • Hanjin Shipping turns it around
    Korean owner slams financial investigation rumours that sunk its stock this week.
  • Truce called in Hong Kong ferry war
    Rivals Shun Tak and New World agree vessel-sharing deal - but it will cost the latter HKD 30m per year.
  • Multiport moves on to the web
    Ship agency network launches online ShipTrak information system for owners.
  • Fisher directors get share incentive
    Top bods at UK shipping group seal lucrative performance related executive share options.
  • Profits slip at OOIL
    Positive turnover growth fails to halt double-digit fall in profits for OOCL's Hong Kong parent.
  • Mols-Linien back in the money
    Danish ro-ro ferry owner turned around big losses in 2002.
  • EU clears Maersk-Eurogate tie-up
    Port terminal IT solutions provider joint venture gets all clear from competition authorities.
  • NOL appoint new APL ops boss
    Singapore firm picks local man to head liner arms' operations and network division.

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American Shipperweb site
MARCH 14, 2003
  • Portlink adds Hull call to Le Havre, Iberian Service
  • Korean regulator disciplines Hyundai Merchant Marine for hiding debt
  • OOCL parent reports $52 million profit despite rate decline
  • Coast Guard's "Deepwater System" budget is shallow

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