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10 August 2020 The on-line newspaper devoted to the world of transports 00:37 GMT+2

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Shipping Timesweb site
MARCH 21, 2003
Shipping News
  • Yang Ming, shipping lines face higher war insurance
    YANG Ming Marine Transport Corp, Nippon Yusen KK and other shipping companies face higher insurance costs and may suspend services to ports in the Middle East because of the United States-led attack on Iraq.
  • Asia freight rates seen easing from 7-year highs
    WITH crude oil prices tumbling after the United States launched an attack on Iraq, Asian brokers yesterday were cautiously optimistic of a turnaround in runaway panamax dry bulk rates on expectations of more tonnage supplies.
  • Gulf oil moves smoothly amid war: shippers
    LEADING shippers of the Gulf's vast oil supplies said their tankers were operating normally yesterday as the United States began an air bombardment of Iraq.
  • Shipping lanes in the Gulf remain open: report
    INITIAL reports from US naval forces indicated no signs of disruption to shipping lanes in the Gulf or in the Strait of Hormuz following the start of the US-led war against Iraq, The Wall Street Journal reported yesterday.
  • S'pore airport, sea port win awards
    SINGAPORE's airport and sea port have again been voted the best in Asia, at the inaugural Asian Freight & Supply Chain Awards 2003 held here on Wednesday.
  • Freighter aground on Greek beach
    GEORGIAN-flagged freighter Moro II stranded on a beach near Kiato, Peloponeese due to the extreme strong winds in the area, on Monday.
Air and Land Transport
  • Logistics FTZ boosts Changi as cargo hub
    IN a bid to remain the region's leading logistics and air cargo hub Singapore officially opened its logistics free trade zone adjacent to Changi Airport yesterday.
  • Two new suspected cases of killer flu in Vietnam
  • Asian airlines to raise fares, cut flights as bookings fall
  • Cuban plane hijacked to Florida
  • FedEx Q3 net profit up 23% on greater ground shipments
  • Air traffic control body gets 130m
Admiralty Casebook
  • HK court practical in payouts from judicial sale proceeds
    TWO recent unreported admiralty judgments in Hong Kong have been cited by an international law firm as examples of the willingness of the Hong Kong Admiralty Court to adopt a commercial approach in paying out from proceeds of a judicial sale of a vessel.

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Sched Netweb site
MARCH 21, 2003
  • New Caribbean service launched by PONL, CMA CGM
  • NYK Star Reefers to add five sailings to NZ/US service
  • Maersk Logistics expands Chesapeake facility
  • Proposed HK insurance laws for cargo handlers clarified
  • Long Beach container volume down 11 per cent in February
  • New software from Emery Forwarding eases order entry
  • PSA wins Asia's best container terminal operator award
  • Iraq war to put more pressure on ailing airline industry, says IATA
  • Swiss suspends Cairo services
  • Changi remains forwarders favourite in Asia
  • British Airways suspends flights to Kuwait, Tel Aviv

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Exim Indiaweb site
MARCH 21, 2003
  • TCS to conduct study of integrated coastal shipping, inland waterways network
  • International reinsurance industry - ...expands 'sensitive zone' to include Mumbai, Kandla Ports
  • US seeks review of Indian textile subsidies
  • $ 10-m credit extended to Suriname
  • 5 pc rise in imports of edible oil in 2002-03
  • Mormugao Port sets new record in coal discharge
  • VPT surpasses MoS handling target 13 days earlier
  • Major Ports to use Rs 7,500 cr Budget allocation for dredging, equipment acquisition
  • Dredging cos may soon have hands full
  • ULA CFS-Dronagiri slated to be inaugurated this month-end
  • Airlines slash services as traffic falls ahead of war
  • CHA staff on agitation - Jawahar Customs
  • MMTC-Vizag turnover may cross Rs 900 cr. this fiscal

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The Bunker Bulletinweb site
MARCH 20, 2003
  • Pacific Northwest: Good demand as MDO prices plummet
  • US West Coast: Good demand, LA congested
  • Waning demand as ARA markets continue to tumble
  • Daily Bunker market report from Praxis Energy Agents (Thursday)
  • OPEC and IEA: Oil market is, and will be, adequately supplied
  • Gibraltar & Straits: Good demand, bad weather
  • Oil price slide halts amid rumours of oil fires
  • Japanese prices fail to react to bearish crude
  • One-day customs strike in Greece may affect bunkering
  • Singapore still straddling wide range on avails issues
  • Italian indications sucked downwards by falling crude
  • High winds prompt port closure in Ventspils
  • Suez: Suppliers cautious despite good avails
  • Chile takes steps towards a Bunkering Code of Practice
  • Rotterdam continues bearish trend
  • Daily Bunker market report from Praxis Energy Agents (Wednesday)

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International Transport Journalweb site
MARCH 20, 2003
  • K Line to launch logistics division in Indonesia
  • Opening of the Tradeport logistics hub in Hong Kong
  • ICF enhances shuttle service from the UK to Italy
  • Oman Air granted AHS 1000 certification for its handling practices
  • Largest ever containership in Genoa
  • Terminal Service Co., a leader in refrigerated cargo handling

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The Scandinavian Shipping Gazetteweb site
MARCH 20, 2003
  • Liner traffic as usual
  • Primorsk to handle up to 1 mill. b/d
  • Fosen may build gas ferries

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Marine Logweb site
MARCH 20, 2003
  • Navy caution to Arab Gulf shipping
    Carrying contraband to Iraq or laying mines will make vessels subject to detention, seizure and destruction.
  • IMO urges early implementation of security measures
    No delays in July 1, 2004 implementation date
  • Spain under fire at Prestige hearing
    Strong criticism of decision to deny refuge to stricken tanker.
  • Latest Gulf lease sale results are "impressive"
    The quest for "deep gas" dominated bidding at the latest MMS offshore lease sale.

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World Wide Shipperweb site
MARCH 20, 2003
  • Port of Seattle ups security at Seattle-Tacoma Airport
  • Port of Portland hires Nike exec to take charge of marine division
  • Spokane International Airport brings security to new levels
  • Coast Guard making changes under Operation Liberty Shield
  • FAA predicts airline industry will move more slowly toward recovery

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Il Sole 24 Ore On Lineweb site
MARCH 21, 2003
  • Msc, piano da 1,5 miliardi $
  • A Napoli e Salerno record di traffico

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Lloyd's Listweb site
MARCH 21, 2003
  • US warning: Navy will attack any 'hostile' ship
    ON DAY one of the new war against Saddam Hussein's Iraqi regime, the US yesterday said its naval forces will destroy any ship in the Middle East suspected of "hostile intent", irrespective of flag.
  • Business as usual but the warning signs start to show
    DAY one of war in the Gulf saw little disruption of merchant shipping activities, although there were a number of pointers to possible problems further down the line, writes David Osler.
  • Underwriters avoid knee-jerk response with war risk rates
    UNDERWRITERS at Lloyd's and in the London and European companies market pushed up hull war rates and tightened cargo terms, but were said to have given a generally measured response to the crisis.
  • Spain hires US firm to sue ABS over Prestige
    THE Spanish government has engaged leading US maritime law firm Haight Gardner Holland & Knight to sue ABS over the Prestigedisaster, according to reliable shipping industry sources. They added that suit was likely to be filed in federal court in the Southern District of New York.

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Fairplayweb site
MARCH 20, 2003
  • Klaus Oldendorff
  • Dredging deadlock deepens
  • Relay cargo focus for Caribbean run
  • Fruit export major in rigging probe
  • Investigation after ice incident
  • Russia raises oil export capacity
  • Smit/Multraship to win Tricolor job
  • Ports boost Hutchison figures
  • Gulf: strikes end Iraq-Jordan trade
  • Extradition fear for Prestige owner
  • UK salvor reveals Prestige link
  • Wood-chip closure blamed on port
  • Gulf: Salalah not to cover war risk
  • Users slam Algiers inefficiency
  • Sky corrosion 'very, very serious'
  • Queensland calls for passports
  • Gulf: feeder operators work on
  • ABS reveals tank survey obstacle
  • US senators reject Alaska oil plan
  • Prestige report blames Mangouras
  • Spain under pressure over Prestige
  • Gulf: Japanese links tightened
  • Gulf: Korea acts on shipping safety
  • Gulf: exporters count losses
  • Philippines targets port investment
  • Gulf: Aqaba set for box screening
  • Gulf: shipping waits as war starts

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The Journal of Commerceweb site
MARCH 20, 2003
  • Solid Feb. for West Coast cargo
    Double-digit growth for imports at Pacific Northwest ports despite Chinese holiday.
  • MSC's Arena calls for long-term deals
    The head of Mediterranean Shipping Co.'s U.S. operations offered a proposal to soothe the bitterness of annual contract talks between shippers and carriers.
  • Customs will keep 24-rule at 24 hours
    The Trade Act of 2002 will enable Customs to refine the way it collects data on ocean cargo, but it won't change the timeframe for carriers to file that data, a top official says.
  • Hollings seeks $2B for port security
  • No war worries for U.S. air cargo
  • Bay Area security personnel authorize strike
  • Lufthansa swings into black in 2002
  • SSA opens Washington lobby office
  • Fesco Ocean Mgt. selects WTS Agencies' software
  • Emirates: business as usual
  • British Airways increases cargo fuel surcharge
  • ICAO charts alternate Gulf air routes
  • Indonesia says Hutchison breached terminal deal

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Containerisation Internationalweb site
MARCH 20, 2003
  • Europe's dockers plan further targeting of lines
    European dockers will take focused action against companies that use seafarers to carry out 'dockers' work' if the liberalising EU Ports Package is implemented, a union official warned today.
  • Spurned POP moves on two new targets in Mumbai Port
    P&O Ports (POP), barred from bidding for the second container terminal at Nhava Sheva, is pushing ahead with two other potential projects in nearby Mumbai Port.
  • US Customs to review 24-hour requirement
  • Rotterdam port community gets US regulation clarification
  • CSAV boosts Europe, Asia, Africa, S.America coverage
  • Nike executive to drive Port of Portland's logistics focus
  • Korean lines turn two services into one
  • Brisbane offers electronic community
  • Transitional reunification board for Melbourne
  • Busan aims to break 10m TEU barrier this year

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TradeWindsweb site
MARCH 20, 2003
  • Oil sinks again on signs of allied victory
    Prices hit three-month lows, while shipping shares trade indifferently.
  • Dishonest insurance brokers banned
    Six disqualified as directors for 33 years over P&I club fraud.
  • Container attack now more than 'likely'
    US security official brands shipping "uniquely vulnerable" as war plays out.
  • TEN goes for cover
    Tsakos vehicle fixes two products carriers on medium-term charters.
  • Ahead by Miles
    CP boss takes over at top of 'Box Club' council.
  • Pacific Basin hooks up with Bibby Line
    Handysize owner takes on UK player's technical management arm.
  • Silversea loses 9/11 battle
    Cruise Line's claim for $47m terror compensation rejected by judge.
  • Klaus Oldendorff dead at 69
    Managers of privately owned shipping empire pledge business will live on.
  • Essar piles into AET bid war
    Indian owner moves to expand with ready-made tanker fleet.
  • Greenpeace slams Spain's single hull hypocrisy
    An elderly aframax chartered by Repsol is let into La Coruna despite post-Prestige clampdown.
  • Shipping faces its own 48-hour deadline
    Start of hostilities against Iraq leaves cargo owners facing cancellation of war cover.
  • No disruption to Gulf shipping lanes
    But Japanese owners said to be concerned at entering northern Gulf region.
  • Navol under the weather
    Romanian president Ion Iliescu says Oltenita shipyard "not quite well" after privatisation.
  • Tanker operators play it cool
    "Business as usual" say Gulf loaders as Iraq strikes start.
  • Indian owners keep fingers crossed over tonnage tax
    Shipping Minister Shatrughan Sinha is to push for new tax regime at crucial finance meeting.
  • EMTA delays terminal handling charge in Israel
    Anti-trust authorities need extra week to examine container lines' extra cargo costs.
  • Acquisitions pay off at Hutchison Whampoa
    World's biggest ports operator increases profits in 2002 after expanding its empire.
  • Austal inks Tahiti ro-pax deal
    Aremiti Cruise catamaran contract marks Aussie builder's second order in as many weeks.
  • Stelmar drydocks damaged Keymar
    Owner's ten-year-old aframax makes second unscheduled drydocking in less than 18 months.

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American Shipperweb site
MARCH 20, 2003
  • Marad reviews Sargeant Marine's Jones Act vessel request
  • Box Club elects Miles Chairman
  • P&O Nedlloyd launches suite of online services
  • Canadian conferences to raise rates July 1
  • Yang Ming bucks trend with improved 2002 operating income
  • IMO urges governments to prepare application of new security rules
  • Airlines bypass Gulf war zone
  • Bond conditions regarding other U.S. agencies withdrawn
  • U-Freight names Keller European General Manager
  • Universal Postal Union picks Descartes solution
  • Lawmakers: container security programs far from developed
  • Browning: "code red" won't close all U.S. ports
  • Johnson to head SSA's Washington activities
  • Long Beach's February volume off 11.1%

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