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08 December 2019 The on-line newspaper devoted to the world of transports 16:32 GMT+1




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Shipping Timesweb site
MARCH 19, 2003
Shipping News
  • Shipping lines wary of possible huge cruise claims
    SINGAPORE's shipping community has warned against ratifying the 2002 changes to the Athens Convention, due to the 'disproportionate exposure' of cargo vessel owners to potentially enormous claims by the cruise ship industry.
  • Shipping rules near Iraq waters tightened up
    STRICT requirements on shipping entering the northern Persian Gulf continue to be rigidly enforced by coalition warships as the threat of a US-led war on Iraq draws closer.
  • RCL's new Chennai foray upsets BTL
    THAI-listed feeder Regional Container Lines' latest foray into the Singapore-Chennai trade is 'stepping on the toes' and territories of specialist operators, according to Bengal Tiger Line .
  • P&O and merger partner Carnival see weak bookings amid war clouds
    US cruise giant Carnival Corp and its willing takeover target, Britain's P&O Princess Cruises plc, said on Monday that bookings had weakened as the world braced for war in the Middle East.
  • NZ seizes P&O ship with rusty hull
    NEW Zealand's maritime authorities said on Monday they impounded a cruise ship because safety inspectors found serious rust in its hull, following reports that flooding in parts of the vessel forced an abrupt end to a voyage.
Air and Land Transport
  • War coming at 'worst time' for international airlines
    AIRLINES warned that their gradual recovery from the Sept 11 attacks could be one of the first casualties of a conflict in Iraq, as the war drums beat louder on Monday.
  • Qantas forces more workers to take leave
  • Korean Air to cut 29 flights to US and Europe
  • US Airways wins creditor approval for its bankruptcy plan
  • 2002 saw fewer air crashes but more deaths
  • Austrian Airlines Feb passenger traffic up 15%
Strait Talk
  • A time for shipping vigilance
    UNLESS events take an unexpected turn, the chances are likely that a war will be raging in Iraq by the end of this week.

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Sched Netweb site
MARCH 19, 2003
  • Germany's Schenker forges China joint venture
  • GAC Logistics compliant with US Customs' AMS requirements
  • Russian traffic at Hamburg rises 35pc in 2002
  • K Line to open logistics division in Indonesia in April
  • Port of Batangas operator begins vehicle importation
  • Management Dynamics releases number 9.0 software
  • China Southern 2002 net profit up 69per cent to US$70m
  • Northwest Airlines Cargo raises fuel surcharge
  • EU gives BA, SN Brussels arrangement green light

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Exim Indiaweb site
MARCH 19, 2003
  • RCL & Samudera join hands to offer weekly connection - New shuttle service between Chennai & Port Klang, West Port, S'pore
  • Govt to help boost pickles exports
  • Probe initiated into imports of Bisphenol A
  • Turkey invites Indian business, sees great scope for JVs
  • NECC plans to import 20,000 t. maize
  • Vizag Port sets another national ore loading record
  • JNPCT/NSICT exceed MoS target for container handling.
  • A-I proposes 5 pc increase in fares
  • Air-India to enhance services to Gulf, Newark in summer schedule
  • Forex reserves declined by a record $ 2,477 million
  • Forex reserves up by $ 863 m
  • Fieo wants all top exporters given sops on par with EoUs
  • No 8 pc duty on edible oil sold in barrels, tankers, says Central Excise chief
  • CII tells govt to declare exports a national priority
  • 3 SEZs to come up in Rajasthan
  • Handicraft export promotion drive launched in N-E
  • IIP doubles to 6.4 pc on back of mfg sector growth
  • Inflation rate falls to 4.69 per cent
  • Study to promote Indian spice brands in Japan soon
  • NCAER puts GDP growth rate at 6.2 pc in no-war scenario
  • Diesel, petrol prices up
  • F.O.B. value to be general rule for granting DEPB credit
  • A-I's 'flight of fancy' for children from Jammu & Kashmir
  • Bajaj Awards function at IMC on Friday
  • 4-day jewellery show in Delhi from March 21

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The Bunker Bulletinweb site
MARCH 18, 2003
  • Panama: Puny demand despite aggressive competition
  • Post-Prestige political process en route to crucial votes
  • Van Ommeren St Petersburg moves offices
  • Cargo and crude conspire to cut Fujairah numbers
  • Brisbane: Major oil spill
  • Iraq's oil-for-food exports suspended
  • Confusion reigns in the Great Belt
  • Russia: Buyers hesitant, weak demand
  • OPEC's crude basket to slip back into range today?
  • Hong Kong avails keep numbers from going soft
  • New venture formed in Latin America
  • Crude plummets on expectations for short war
  • Rotterdam prices plummet

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The Scandinavian Shipping Gazetteweb site
MARCH 18, 2003
  • Stolt and Odfjell sued by US company
  • "Prestige" hearing without owners
  • Swedish Coast Guard boarded oil leaking tanker

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Marine Logweb site
MARCH 18, 2003
  • U.S. ups maritime security measures
    Strong maritime element in Operation Liberty Shield
  • IMO at risk of marginalization
    IMO needs more powers, says Clay Maitland
  • Barge giant cuts earnings guidance
    Kirby hit by fuel costs, waether and navigational delays

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Lloyd's Listweb site
MARCH 19, 2003
  • Tanker rates are facing collapse after Iraq war
    TANKER owners were given a stark warning from international analysts yesterday: prepare for a collapse in tanker freight rates on the back of a US-led invasion of Iraq.
  • Asian ship stocks bounce back
    ASIAN shipping stocks rebounded yesterday as oil prices slid after Saddam Hussein was given 48 hours to leave Iraq.
  • Traders back quick end to hostilities as oil falls
    OIL prices have slumped to three-month lows as traders speculated on a quick ending to the imminent Iraqi war, writes Martyn Wingrove.
  • US Navy warns on collaboration with enemy
    IRAQ may force neutral merchant ships to lay mines on its behalf, the US Navy has claimed.

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Fairplayweb site
MARCH 18, 2003
  • US continues push for transparency
  • Santos unions threaten US boycott
  • Bad news ahead for cruise lines
  • Hunt Oil close to Peru LNG deal
  • BMT to buy two and close one
  • No light after dues consultation
  • Philippines to inspect island ships
  • Broker disputes Chavez claims
  • VLCC spot rates to peak at $100,000
  • Gulf services continue as normal
  • Moscow urges IMO to debate straits
  • European salvage needs coordination
  • Pilot errors led to Kembla damage
  • Insurers predict mild WRP hike
  • New head for Korean builders
  • More corrosion found on Pacific Sky
  • Arab Bridge to ferry refugees
  • Singapore targets US boxes
  • US troops begin port patrols
  • Hanjin shelves car carrier plans
  • Iraq wheat shipments held up

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The Journal of Commerceweb site
MARCH 18, 2003
  • Claim: Unilateral action weakening IMO
    The fallout from the sinking of the tanker Prestige threatens consensus support for the International Maritime Organization as the spearhead for global vessel safety, a registry executive said. ' Weblog: U.S. mulling 'strategic' port closures
  • Plan to license AES users
    The Census Bureau will begin a licensing program for traders who file export documentation through the Automated Export System, a top official said.
  • Charleston box traffic up 30%
    Container volume through the Port of Charleston totaled 132,000 TEUs in January.
  • CP Rail warns on lower profits
  • Kirby Corp. cuts 1Q forecast
  • Chemical consortium acquires Stolt logistics
  • USF standardizes LTL services
  • Logistics center opens at Hong Kong airport
  • Schneider Logistics opens Denver office
  • Genmar prices senior notes
  • CN, Livingston Intl. debut new rail EDI
  • COAC makes cargo security recommendations
  • War fears push tanker rates to all-time high

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Containerisation Internationalweb site
MARCH 18, 2003
  • Geest bails out, as Italian hurdles trip Rotterdam/Milan container shuttle
    Geest has abandoned the Rotterdam/Milan rail container shuttle that it shared with P&O Ferrymasters and Norfolkline Containers, ci-online can reveal, leaving its former partners to battle for an acceptable service.
  • 'First reluctant step' towards cheaper UK ports?
  • Feeder Pacifica 'withdrawn from sale' as offers disappoint
  • Indonesian logistics venture for K Line
  • SBB purchases intermodal 'gateway to Switzerland'
  • Intermodal service targets New South Wales's North Coast

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TradeWindsweb site
MARCH 18, 2003
  • 'Failure is not an option.'
    Top Coast Guard official rallies CMA audience as terror threat looms.
  • Public image preoccupies CMA
    Insurers and owners come under fire for role in safety, but conference avoids talk of war.
  • The shorter the better
    US economist tells CMA oil prices will vary massively according to duration of likely war.
  • Vela ties in storage options on VLCCs
    Tanker owners watching and waiting before deciding on Persian Gulf risks.
  • Lawyer Simon Poland dies
    Clyde and Co says skilled partner will be impossible to replace.
  • Write-down muddies DFDS profit figures
    Danish owner says both passenger and freight carrying arms improved returns.
  • Seven consider bids for Varna
    Potential investors inspect Bulgarian shipyard being sold off by national owner Navibulgar.
  • Rapska Plovidba returns to Lenac
    Croatian owner will go back to Viktor Lenac Shipyard for second car ferry.
  • Eimskip goes direct to Greenland
    Icelandic container line to speed up transit to North America in summer months.
  • Polish Steamships confirms bulker quartet
    China's Xingang gets green light but other orders could go to Poland.
  • K Line gets green light for Indonesian venture
    Japanese giant sets up shipping and logistics agency in Jakarta.
  • Sincere inks triple capesize order
    Orders are coming thick and fast for domestic shipbuilder China Shipbuilding Corp (CSBC).
  • General Maritime offers 10% coupon
    Peter Georgiopoulos gets Metrostar bond away at $3.8m discount to face value.
  • Shipping industry waits for war
    Crude and wheat shipments in and out of Iraq slow as Bush gives Saddam final ultimatum.
  • Prestige fallout threatens IMO support
    International Registries' Clay Maitland says IMO risks being marginalised.
  • Keppel inks SGD100m in new deals
    Singapore yard wins FPSO conversion project and dredger upgrading from European principals.
  • Essar has a crack at Hindustan Petroleum
    As SCI sell-off drags on, Indian group bids for slice of country's second-biggest oil refiner.
  • Transnet plans massive ports upgrade
    South African terminals operator aims to boost volumes and cut delays.
  • Mixed signals from Singapore statistics
    While January's bunker sales and container volumes rose, cargo volumes and ship registrations fell.
  • Iraqi war allies face Brazilian boycott
    US and UK flagged merchant ships face disruptions at Santos in "strike for peace" protest.

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American Shipperweb site
MARCH 18, 2003
  • MARAD to ask for extension of information collection
  • FMC to keep watch on impact of new Chinese maritime regulations
  • Carrier CEOs' box club meets in Barcelona
  • COSCO to enter LNG shipping market
  • DHL names Dall'Orso VP business planning
  • United raises cargo fuel surcharge
  • CN, Livingston develop electronic customs clearance link
  • Correction: MSC to keep transatlantic U.S. inland fuel surcharges unchanged
  • U.S. Census Bureau to license shipper's export declaration process
  • TT Club produces self-analysis tool for security compliance
  • U.S. ramps up security in airports, seaports
  • "K" Line's Indonesian subsidiary gets forwarding license
  • Los Angeles container imports up 16% in February
  • Algeciras invites bids for port expansion




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