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02 April 2020 The on-line newspaper devoted to the world of transports 14:00 GMT+2

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Shipping Timesweb site
APRIL 18, 2003
Shipping News
  • Cruise sector worried about impact of scare
    THE cruise and ferry industry here welcomed a 50 per cent cut in port dues as part of a Government Sars-aid package, but cautioned that if the outbreak continues, this will not help.
  • APL to gain from extra US spending on Iraq
    COMMERCIAL shipping lines with US-flagged vessels - such as Neptune Orient Lines - have been given assurances that US cargo preference laws will be enforced for the recently approved US$76.7 billion in additional spending for Iraq.
  • South Korean shipbuilders may raise prices
    HYUNDAI Heavy Industries Co and other South Korean shipbuilders may raise prices for new vessels after winning a record number of orders in the first quarter, a shipbroker said.
  • Sinotrans' 2002 profit up more than 25%
    SINOTRANS Ltd, which runs businesses in the south for China's largest air shipper, said 2002 profit rose by more than a quarter on higher demand for courier services, freight-forwarding and other goods delivery.
Air and Land Transport
  • Asian airlines may resort to forced leave and staff cuts
    CATHAY Pacific Airways may force its 14,000 workers to take unpaid leave and Japan Airlines System Corp wants about 50 flight attendants to do the same as Asian carriers try to cut costs, following a slump in travel demand caused by the war in Iraq and a deadly virus.
  • US airlines to get US$2.3b cash assistance by mid-May
  • AMR set up trust to cushion executive pensions: report
  • LOG Book
Admiralty Casebook
  • Shipowner cannot sue ministry for negligence based on survey cert
    JUST because a certificate of survey was issued to a shipowner by the New Zealand Ministry of Transport, it did not mean that the shipowner could later rely on that certificate to sue the ministry or its agents for negligence.
Bulletin Board
  • Bulletin Board
    Dora Kay has been elected president of The International Air Cargo Association .

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The Bunker Bulletinweb site
APRIL 17, 2003
  • Japanese bunker market eases as demand drops off
  • Pre-holiday rush boosts Singapore bunker prices
  • Italian numbers cancel out previous day's sharp gains
  • MOBCO winds down as brokers join OceanConnect
  • Congestion getting worse in slow Rotterdam market
  • Daily Bunker market report from Praxis Energy Agents (Wednesday)
  • Move and management changes at Triton Marine Fuels (UK)
  • OceanConnect Hires Four Top Brokers

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Marine Logweb site
APRIL 17, 2003
  • USCG replacing KAA buoys
    Coast Guard Cutter Walnut,, is preparing to replace channel buoys in the Khor Abd Allah Waterway , but Umm Qasr is still not open for commercial business

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World Wide Shipperweb site
APRIL 17, 2003
  • Port of Everett taps Buike as new marina director
  • Port of Astoria working on improvement plan for marina
  • Port of Seattle offers moorage options as boating season approaches
  • Port of Longview unveils newly updated website
  • Weekly rail traffic totals top last year's figures

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The Journal of Commerceweb site
APRIL 17, 2003
  • Big March for U.S. West Coast imports
    US importers are rushing to bring shipments in from Asia before a May 1 rate hike takes effect.
  • Exel grabs KLM's top US cargo exec
    Michael Steen, KLM Cargo's vice president for the Americas, will be leaving the company to join Exel, the British-based forwarder.
  • SARS taking toll on Asia high-tech
    A new report says manufacturers have banned non-essential travel to Asia, and shifted some purchasing to the US and Europe to avoid supply-chain disruptions.
  • Union gives American bankruptcy reprieve
  • Boeing projects big growth in China freighters
  • Delta reports net loss of $466 million
  • Hanjin resumes Kuwait service
  • Panama Canal begins two-way transit tests
  • Lines set U.S.-Australia rate hikes
  • P&O Nedlloyd orders 5,000 reefers
  • Inttra offers reporting tool
  • Sutherland to lead CMA CGM's U.K. unit
  • Forwarder network claims membership growth

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Containerisation Internationalweb site
APRIL 17, 2003
  • CMA CGM: new S.E.Asia/Europe string, plus triple-digit operating income growth
    CMA CGM, which today announced triple-digit operating income growth for 2002, is launching a new Asia/Europe service in H2, ci-online can reveal.
  • Overseas shippers win extra damages in US
  • Congestion jams South African ports once more
  • Indefinite strike action slows New Orleans operations
  • 'Extraordinarily sensitive' negotiations shape new Australia/China order
  • Hutchison seeks permission for UK's second largest box port
  • Not all carriers share in S.Korea/N.America trade growth
  • Beijing 'thirsty' for foreign 3rd party logistics expertise
  • Hanjin restores Kuwait links

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TradeWindsweb site
APRIL 17, 2003
  • NASSCO plagued by Tote ships
    Loss on Tote vessels rises to $96m, as first of ships is delivered.
  • Canada seeks offers for Ridley
    Government invites proposals for the future of Prince Rupert dry-bulk facility.
  • CMA bond issue rated
    France's private logistics and shipping company gets BB- for forthcoming bond.
  • Panama goes both ways
    Canal begins trials for two-way transits at the Gaillard Cut.
  • CP extends share deadline
    Small shareholders now have three extra months to offload stock free.
  • CMA CGM finds cash amid the gloom
    French boxship owner forecasts continued improvement in 2003.
  • John Latsis dies
    'Golden Greek' philanthropist dead at 93.
  • Algerian bulker held in UK
    Port state control held total of 19 foreign-flag ships last month.
  • MPA slashes cruise dues
    Singapore's port authority fires first salvo in shipping industry's battle to beat SARS.
  • Kuwait Shipbuilding lands war compensation
    Damages incurred during first Gulf War leads to UN payout for Shuwaikh yard.
  • K Line and Yang Ming launch Med service
    New six-ship Asia to Mediterranean link to complement existing cooperation with Cosco.
  • GulfMark steps up delivery programme
    Anchor handlers will arrive early to boost US owner's summer season.
  • Auditors question SK's figures
    Questions asked over shipping company's low cash flow and business viability.
  • Singapore's Jurong hit by SARS scare
    Eight sent home after two yard workers are suspected of having killer virus.
  • Conrad adds Kitchen to board
    Ex-Avondale president joins mid-range shipbuilder less than 18 months after going into "retirement".
  • Teekay maintains dividend policy
    Aframax tanker giant sticks with payout policy despite improved fourth quarter in 2002.

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American Shipperweb site
APRIL 17, 2003
  • FMC to hold regulations seminar in Seattle-Tacoma
  • Hanjin Shipping resumes service to Kuwait
  • U.S./Australasia discussion agreement plans rate increase
  • Alliance amends Asia/Europe services
  • Singapore to cut airport fees, IATA urges Narita to follow
  • War funding bill blocks DHL from U.S. government business
  • Confreight starts French consolidation service to New York
  • Gatx technology names Digrazia senior VP
  • Sandler & Travis Advisory Services, Intertek form alliance
  • GTS names Butler VP sales and marketing
  • Exel appoints Steen senior VP
  • DHS asks for comments on handling infrastructure intelligence
  • Los Angeles, Long Beach post teu gains for March
  • Panama canal tests two-way transits in narrow cut

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