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| SEPTEMBER 19, 2003 |
Shipping News
- PSA plans to expand ro-ro facilities at Pasir Panjang
EAGER to tap the growing automotive export business in the region, PSA Corporation said yesterday it plans to expand its Pasir Panjang Wharf's ro-ro capabilities to position itself as the regional ro-ro hub.
- Coastal Bunkering MD testifies at brother's trial
HIGH profile Singapore bunkering boss Lim Li-Lian testified in the Subordinate Court yesterday over corruption charges leveled against her brother, Lim Teck Chye.
- Party that arrests ship must disclose all material facts
THE Court of Appeal has put beyond doubt the position under Singapore law that a party that arrests a vessel has a duty to disclose all material facts or risk having the arrest set aside.
- Evergreen won't pull out of Busan despite typhoon loss
EVERGREEN Marine Corp, the world's third-largest shipping firm, will not pull out of South Korea's Busan port despite serious damage caused by last week's typhoon, a company spokesman in Taiwan said yesterday.
Air and Land Transport
- Swiss to stop flying on Zurich-Washington route
SWITZERLAND's struggling national airline said on Wednesday that it will axe its service from Zurich to Washington at the end of next month.
- KLM-Air France tie-up may help Swiss
- Strike over India's plans to privatise airports
- Airbus wins preliminary US$850m Aer Lingus order
- Shandong Air to buy 15 Boeing 737s
- UPS to up China flights
Admiralty Casebook
- Sub-time charterer cannot invoke High Court's admiralty jurisdiction
THE Singapore Court of Appeal has upheld the decision of the High Court that a sub-time charterer of the vessel Rainbow Spring could not invoke the High Court's admiralty jurisdiction.
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| SEPTEMBER 19, 2003 |
- Exel picks up Legend delivery contract in China
- MOL to upgrade Europe/West Africa service
- China must develop river transit service, transit hubs: experts
- Large vessel terminal being built at Ningbo Daxie Port
- QingDao Ocean Shipping, Coscoship (QingDao) deal operational
- Colombo Port sees greater August throughput
- Delmas introduces Israel/WAF BAF
- BNSF Logistics acquires MRS
- Exel launches leadership programme in Singapore
- Frontier Airlines to go IPO with common stock
- United to launch new low cost operation
- Dragonair helps China's flood victims
- Board changes at Continental
- Fetters named LAX security supremo
- BAA August tonnage drops
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| SEPTEMBER 19, 2003 |
- Schenker India’s Mumbai branch awarded ISO 9001:2000 certificate
- Shipping Ministry’s port proposals under ‘Sagar Mala’ to be ready in 2 months
- DGS warns of heavy penalties for poor upkeep of ships
- Samudera initiates export of ICD boxes ex-MICT to Gulf
- 3rd India International Maritime Expo INMEX 2003 from October 8 to 11 - Shipping Minister, Shatrughan Sinha to preside
- Chinese silk exporters stunned by dumping duty
- India, Turkey trade bodies sign MoU
- Four tea exporters get confirmed orders from Iraq
- GPPL to build Krishnapatnam railway line
- Study favours 2 ports in each coastal state
- 3 foreign companies submit EoIs for Azhikkal port project, one for Alappuzha
- Maharashtra to set up five textile parks
- FinMin mulling adoption of 10-digit commodity classification for Customs duty
- Seminar on tax issues on September 20
- Cancun outcome a moral victory for India: AIAI chief
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| SEPTEMBER 18, 2003 |
- Freeport BA: PDVSA ends marketing agreement with BP Marine
BP Marine Americas told Bunkerworld today that the marketing agreement between BP and PDVSA/BORCO in Freeport, Bahamas, is over with immediate effect. PDVSA Deltaven will take over the marketing of bunkers there.
- US East Coast: Prices dive, Philly closes for Hurricane Isabel
The port of Philadelphia closed due to the hurricane as of Thursday morning, with tentative re-opening on the Saturday the 20th. Prices in New York and Philadelphia have dived this week amid very good avails.
- Port Kembla supplier confirms supply start next week
Port Kembla Marine Fuels told Bunkerworld today that it will be offering supply of 380 cst fuel oil as from the 22nd September 2003.
- Italy ready, willing, and able as numbers fall lower
- Singapore prices fall with crude and improved avails
Singapore bunker prices fell to the lowest level in 3 and a half months today. Supporting the case for a bearish market was an unexpected big rise in stocks of residual fuels over the past week.
- Japanese bunker fortune runs out
Hard selling on the spot market and chasing low regional bunker prices has finally taken its toll on Japanese avails.
- Rotterdam moves further down with crude
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| SEPTEMBER 18, 2003 |
- Death of long-serving VDR press officer, Dr. Ralf Schneider
- MOL to upgrade Europe/West Africa service
- FedEx contemplating changes in Asia?
- ICF "repositions" itself in market
- TUI: Logistics division gains importance
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| SEPTEMBER 18, 2003 |
- No RCCL decision yet
- Preem buys Norsk Hydro’s stake in Scanraff
- "Silja Opera" in channel collision
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| SEPTEMBER 18, 2003 |
- American Salvage Association announces officers
Titan Maritime's Richard Fairbanks is incoming President
- Stricter times for shipowners
Clay Maitland warns of loss of anonymity and unlimited liability
- Stolt Offshore losses mount
Warns on earnings
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| SEPTEMBER 18, 2003 |
- Corps closing John Day lock for underwater repair work
- Intermodal continues gains for weekly rail freight traffic
- Corps of Engineers looks for low water levels in Lake Washington
- New Coast Guard buoy tender heading to homeport in Astoria
- Washington firm joins team marketing series of watercraft
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| SEPTEMBER 19, 2003 |
- Troppe falle nella sicurezza
- Fermo il restyling del porto di Spezia
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| SEPTEMBER 19, 2003 |
- Prettejohn broadside at Lloyd’s market for ‘failing its customers’
LONDON’S insurance market yesterday came under unprecedented rebuke from its own boss, Nick Prettejohn, for failing its customers with an inefficient service with the highest costs across the world insurance industry.
- Four more rate rises on Asia-Europe trades next year
BULLISH container lines on the Asia-Europe trade are planning four rounds of rate increases next year totalling more than $550 per teu.
- Taylor ‘stole up to $30m’ from Liberian register
FORMER Liberian president Charles Taylor diverted or stole $20m-$30m of ship registry funds from his now destitute country in the past two years alone, according to press reports in the US.
- Newbuildings activity fails to tempt Carnival
CARNIVAL will sit out the cruiseship newbuilding derby for now, the company said yesterday, even as a buzz of activity appeared to be afoot at Meyer Werft in Germany on major cruiseship orders for Carnival’s rivals, writes Rajesh Joshi.
- Minister is Baltic’s Darling
BALTIC Exchange chairman Peter Kerr-Dineen, pictured right, has paid tribute to the UK government’s commitment to the country’s shipping industry, writes Julian Bray.
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| SEPTEMBER 19, 2003 |
- Dutch budget disappoints
AMSTERDAM port managers have expressed disappointment at the Dutch national budget, announced yesterday, which favours the air over the seaport....
- KPT claims $11.4M from Tsavliris
KARACHI Port Trust has claimed Rs650M ($11.4M) from Tsavliris for services and assistance rendered during the salvage of Tasman Spirit’s crude oil cargo....
- China joins EU in Galileo project
CHINA and the EU have today reached an agreement that will allow China to take part in the Galileo satellite navigation system....
- Port of Baltimore closed for storm
MARYLAND Port Authority closed the port of Baltimore today ahead of the arrival of Hurricane Isabel....
- Phoenix reduces security charges
PHOENIX Management Services Group has significantly reduced its charges for assessing Panama-flagged ships’ ISPS compliance by up to 25%....
- S Africa retreats on privatisation
- What should ABs be paid?
- Clarkson offshoot agrees ro-ro run
- Baltic unveils new products
- Pelican boxes still detained
- MPC will not confirm HDW order
- King Fahd port to expand
- Coalition warns against cheap bunker buys
- WWL pins faith in Singapore
- Unions uneasy about CSL deal
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| SEPTEMBER 18, 2003 |
- Hurricane batters ports, airlines
Ports closed along the U.S. Mid-Atlantic coast as Hurricane Isabel made landfall early Thursday.
- August dog days for U.S. ports
Lackluster performance in what should be one of the busiest months of the year.
- Asia spurs New York box gains
Container volume at the Port of New York-New Jersey jumped by 14.6 percent during the first half of the year.
- Maersk re-ups with Kaohsiung
- Lufthansa Cargo will replace 747 freighter fleet
- Horizon issues hurricane status report
- TNT Express combines U.S., Canada units
- Dockworker vandalizes L.A. terminal systems
- Imports lead Georgia port growth
- Funding for Bangladesh port improvements
- Roadway Corp. raises Q3 forecast
- RosettaNet opens China affiliate
- Panama Canal buys new locomotives
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| SEPTEMBER 18, 2003 |
- Durban privatisation delays add to costs
The privatisation of Durban Container Terminal has stalled, meaning revenue losses to South Africa’s budget, despite a budget speech commitment, Parliament learned today.
- Ships shuffle at typhoon-hit Busan
Eight out of ten large container ships have diverted to Shinsundae Terminal after Typhoon Maemi destroyed six container cranes at Sin Gamman Terminal.
- Fifth terminal gate should ease congestion at NSICT
- CMA CGM heeds Ningbo’s call for bigger ships
- US safety organisation proposes tandem box lift rule
- Yet another rate rise for East Asia/Australia trade
- USEC feels the effects of Hurricane Isabel
- P&O Ports restores New York facility
- MOL cancels Australia/South America direct service
- Korean ministry seeks private investors for Gwangyang development
- Santos Customs intercept fake watch box
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| SEPTEMBER 18, 2003 |
- Cane in Carolina
Ports shuttered as giant storm reaches US coast.
- Montanari doubles its money
Italian owner cites robust first half.
- Alafouzos steams in for suezmaxes
Kyklades Maritime snaps up 2007 delivery slots at Universal Shipbuilding.
- Carnival earnings jump
Company credits P&O Princess merger.
- Star Cruises orders at Meyer Werft
Asian cruise giant's order comes too late to save yard jobs.
- Kleven Floro lays off remaining staff
Norwegian shipyard has only one ship left on its orderbook.
- Great Eastern confirms tanker trio buy
Indian owner says acquisitions will increase tanker fleet tonnage by 36%.
- Clarkson breaks into ferry operations
Shipbroker makes its next move in the logistics business.
- Sovcomflot profit soars
Russian shipowner cashes in on strong market as it grows fleet.
- Uljanik Plovidba lists
Croatian dry cargo and cruiseship owner's stock opens for trade in Zagreb Thursday.
- End in sight for Tricolor salvage
But local reports say wreck oil leak has pushed up operation costs.
- Austal inks repeat Hong Kong business
New World First Ferry returns to Aussie fast ferry specialist for more high-speed catamarans.
- FESAMEC cuts Kuwait surcharge
Improving situation in Shuwaikh and Shuaiba ports leads to removal of additional tariffs.
- Trico completes asset sales
Financially troubled US offshore vessel operator offloads North Sea ship and Brazilian newbuilding.
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| SEPTEMBER 18, 2003 |
- Hurricane Isabel causes ship delays at Horizon Lines
- NOL containership complies with new IMO security code
- MOL ends Oceania/South America service
- OT Africa Line first to resume calls at Monrovia
- USTDA awards $257,000 grant for Egypt river transport study
- Atlas Air headed for bankruptcy
- Alleged device on UPS cargo jet a hoax
- Pacer transfers Los Angeles cartage unit to Pacer Stacktrain
- Pony Express contracts with True-Way for long haul liaison
- U.S. warns FTAA targets may be missed
- USDA to create national ID system for livestock, poultry
- Agriculture shippers want food aid exempt from HUBZone program
- BIS proposes penalty guidance for export violations
- Mexico hot for U.S. beef
- SOCP to meet Oct. 7-8
- Wallenius Wilhelmsen signs contract with port of Singapore
- Port of Ningbo targets 8-million-TEU cargo volume by 2010
- Bean Stuyvesant wins $36.4-million Key West dredge contract
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