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30 March 2020 The on-line newspaper devoted to the world of transports 12:14 GMT+2

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Shipping Timesweb site
OCTOBER 21, 2003
Shipping News
  • Rates expected to continue rising
    THERE is more good news for container shipping lines as more industry research points to a sustained recovery of freight rates through at least 2004, aided in a large part by the 'China effect'.
  • Shanghai Port volumes booming
    SHANGHAI Port has already surpassed its 2002 throughput total of 8.61 million TEUs, assuring the booming facility of third place in this year's container league tables.
  • Shanghai yard to boost annual capacity to 2.6m dwt
    CHINA's largest shipyard will boost its annual building capacity to 2.6 million deadweight tonnes by 2010, China's Commerce Ministry said yesterday, after the first phase of construction was completed on Sunday.
  • Yang Ming raises full year forecast by over 60%
    YANG Ming Marine Transport has upped its full year pre-tax profit forecast by two thirds, citing 'robust' growth in both containerised cargo volumes and freight rates.
Air and Land Transport
  • Narita airport expects to cut landing fees in 2005
    NEW Tokyo International Airport Authority will probably cut its landing fees, the world's most expensive, in the year starting April 1, 2005, as it increases revenue from non-aviation businesses such as duty-free shops.
  • Taiwan seeking strategic investor for China Air stake
  • Thai Airways cargo biz to surge with US pact
  • FedEx predicts strong growth in Asian air cargo industry
  • Earnings up for Macquarie's Sydney airport
  • Log Book
  • A history of supersonic setbacks
    BEHIND Concorde's sleek curves and technical prowess lurks a history strewn with technical, environmental and commercial obstacles that have beset the world's first and only supersonic passenger plane to enter service.

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Sched Netweb site
OCTOBER 21, 2003
  • China's exports to Russia through Manzhouli quadruple
  • NZ Customs steps up regional operations
  • Long Beach sees container numbers falling
  • WCA heads for conference in Bangkok
  • Deutsche Post to issue second Euro bond
  • Tibbett and Britten bag ballet rag trade deal
  • Continental sees Q3 operating income up $128 million
  • Frankfurt handles less freight in September
  • Boeing to stop making 757s
  • Air NZ to shed 15pc of workforce as part of growth strategy

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Exim Indiaweb site
OCTOBER 21, 2003
  • WISA's circular-A case study- throws more light on all risks cargo insurance
  • Supreme Court issues safety norms for ship-breakers
  • Higher market share for US farm goods sought
  • India likely to sign FTA with SA Customs Union
  • American almonds likely to get into Indian diet
  • Container traffic at Major Ports clocks 16 pc growth in H1
  • VCT sets new berth productivity record
  • CWC signs MoU with 3 firms for grain silos project
  • Forex reserves dipped by $ 1,589 million to $ 87,738 million
  • Exporters to meet Commerce Secy on Oct. 22 over alarming slowdown due to rupee appreciation
  • Lowering of tariff vital for success of Indo-Asean FTA, says World Bank
  • RBI allows SEZ units to tap ECBs
  • India-GCC FTA likely
  • Import tariffs on edible oils raised
  • Create nodal agency for promotion of farm products: Exim Bank
  • Economy rising! Commercial credit up again
  • Forex reserves touch $ 90.35 bn
  • Inflation goes up
  • Better prospects seen for natural rubber
  • Debt recast package implementation panel formed by Textiles Ministry
  • Foreign Trade Analysis: Current Policy & Procedures
  • Talk on 'Strategic Innovation' at IMC today
  • Meeting with Korean team at IMC today
  • European food safety monitoring team comes to India

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The Bunker Bulletinweb site
OCTOBER 20, 2003
  • Gibraltar: Fate of single hull storage vessel not yet clear
    On the eve of the EU-wide ban on single hulled tankers from carrying heavy grades of oil coming into effect, the fate of the large single-hull tanker Wilmington in Gibraltar remains unclear. The tanker is used exclusively as a floating storage unit for bunkers in the port of Gibraltar, which has limited capacity for land-based storage.
  • The Baltic in brief
  • Japanese market holds steady, price fall expected
  • Korea: Export cargo takes care of excess fuel oil avails
    It looks like it is neither feast nor famine in the Korean bunker market at the moment after refiner finds export outlet for excess fuel oil.
  • Tallinn quiet, market soft
  • Soft Great Belt quiet, buyers anticipate further price drops
  • Rotterdam softens with crude

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International Transport Journalweb site
OCTOBER 20, 2003
  • European GSA Cargo reappoints Martinelli and Champion
  • Lykes Lines expands presence in Africa
  • Gerry's Dnata has double cause for celebration
  • Transfracht International opens new depot
  • Schneider opens new offices in Baltimore and Memphis

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The Scandinavian Shipping Gazetteweb site
OCTOBER 20, 2003
  • "Tricolor" salvage completed soon
  • Philadelphia CEO replaced after losses
  • Norden counts on significant result hike

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Marine Logweb site
OCTOBER 20, 2003
  • VT Halter gets contract for second NOAA vessel
    National Oceanic and Atmospheric Administration (NOAA) has exercised its option to construct a second Fisheries Survey Vessel (FSV) at VT Halter Marine Inc.
  • CN to acquire Great Lakes Fleet, Inc.
    Canadian railroad CN is to acquire Great Lakes Fleet, Inc., which operates a fleet of eight U.S.-flag Great Lakes bulkers
  • BG Group orders LNG ships
    Three plus option four from Samsung.

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World Wide Shipperweb site
OCTOBER 20, 2003
  • Corps slates additional closures for John Day navigation lock
  • Port of Portland website adds Asian air service section
  • Portland Coast Guard office holding security act meeting
  • Port of Seattle earmarks funds for North Bay Uplands project
  • Chinese trading company wins Washington apple import contest

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Lloyd's Listweb site
OCTOBER 21, 2003
  • Legal break for Vemaoil as single-hull rule comes into force
    THE Supreme Court in Gibraltar has ruled that Greek bunker supplier Vemaoil can temporarily continue operating a single-hull tanker to store fuel oil, despite new European rules banning the carriage of heavy grades of oil on such vessels.
  • Niotis unleashes stinging attack on Bimco priorities
    STELIOS Niotis has signed off as chairman of B imco's core documentary committee, aiming a broadside at what he depicts as the drifting direction of the world's largest shipping industry association.
  • Associations in race against time to block Solas access requirement
    LEADING flag states will be urged this week to overturn amendments to the Safety of Life at Sea Convention (Solas) which would require new tankers and bulkers to be designed with so-called 'permanent means of access' to facilitate tank inspection, writes Nigel Lowry in Athens.

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Fairplayweb site
OCTOBER 20, 2003
  • Tasman master speaks to Fairplay
    THE master of the Tasman Spirit is adamant that rough monsoon conditions were primarily to blame for the 27 July grounding of the Polembros tanker at Karachi
  • Cargo vessel hits Istanbul landmark
    A Russian flagged cargo ship with no pilot on board struck the dock at the historic Sait Halim Pasha Mansion in Istanbul yesterday causing damage to the structure
  • Canadian National takes on shipping
    CANADIAN National is getting into the shipping business with the acquisition of Great Lakes Transportation for $380M.
  • Second ghost pair heading for UK
    THE second pair of ships from US MarAd's James River Reserve Fleet departed from Newport News on 16 October, heading for North-eastern England.
  • All change at Nigerian Ports Auth
    THE entire executive management and board of Nigerian Ports Authority is reported to have been dismissed on 16 October by the Nigerian government.
  • Stronger yen hits Namura
    JAPAN'S Namura Shipbuilding has warned that it will suffer a loss in the second half of the year ending in March 2004 because of the strength of the yen.
  • Karachi hits back at American Club
  • China's largest yard plans to grow
  • MSC bids for Valencia terminal
  • Finns probe ice class concern
  • Spain to respect EU crew ruling
  • Royal Caribbean buys Cassens' Bay
  • UAE tanker caught smuggling oil
  • Australians welcome Thai trade deal
  • Norden carried on dry market wave
  • S Koreans push for younger workers

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The Journal of Commerceweb site
OCTOBER 20, 2003
  • Witching hour for EU single-hulls
    Tankers transporting heavy fuel oil like the Prestige (left) will be barred from all European Union ports as of Tuesday.
  • Revival eyed for Va. terminal project
    Plans to construct a fourth marine terminal at Hampton Roads may have new life.
  • Court overturns dredging contract
    In closely watched case, a federal court throws out Corps' contract with dredger half-owned by foreign company.
  • Spending won't protect maritime terror targets: Bentley
  • Canadian National to buy U.S. rail, bulker company
  • Baltimore's WTC to re-open
  • India's Tuticorin gets new weekly service
  • ANZDL expands U.S. service
  • Pacer names Uremovich vice chairman
  • MOL acquires Shanghai forwarder
  • MTMC gets new name, adds Philadelphia as strategic port
  • Vexure appoints intermodal GM
  • India puts off bids for SCI

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Containerisation Internationalweb site
OCTOBER 20, 2003
  • Felixstowe needs Nuneaton rail container link
    Deferral of the intra-UK Felixstowe to Nuneaton (F2N) route upgrade could jeopardise Felixstowe's ability to handle 9'6" 'high-cube' containers, and jeopardise shipping lines' competitiveness, warn industry sources.
  • Israel cargo again restricted - this time by Customs
  • Demand pushes charter rates to record levels
  • ANZDL starts southbound from US East Coast
  • India postpones SCI sale in face of staff opposition
  • Shenzen seeks YICT expansion, to compete with rival Shanghai
  • Teesport's deep sea-ted ambition
  • Terminal seeks Port Klang Authority seat
  • Design work starts on Khor Fakkan terminal expansion
  • Distribution centre for European shippers' expansion in Baltics

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TradeWindsweb site
OCTOBER 21, 2003
  • US auditors warn of possible Alstom collapse
    Ernst, Deloitte say French engineering firm not out of the woods yet.
  • CN acquires Great Lakes fleet
    Canadian National Railway picks up 8 ships after buying Great Lakes Transportation.
  • Ghost Fleet case put on hold
    Ships grounded as court defers ruling on scrap contract until April.
  • Sea Containers issues dividend
    Ferry group delivers second payout since resuming dividend plan.
  • Secondhand bulker values power on up
    Baltic's S&P index shows big gains for panamax and capesize ships.
  • Carnival time for P&O cruise chief
    Peter Ratcliffe pockets a $2m share option earner.
  • Port security problems affect Europe and US
    Former FMC chairwoman warns of chronic underfunding on both sides of the Atlantic.
  • Greek owners both scoop Fredriksen tankers
    Latest rumours suggest both Chandris and Lykiardopolou have got their VLCCs.
  • Crew of Danish ship missing
    Seafarers feared dead after Nordane offshore support vessel capsizes.
  • Lykiardopolou wins Fredriksen VLCC
    Legal threats fly after tanker originally committed to two parties.
  • Varna privatisation on again
    Minister sets two week target for selection of bidders.
  • China bags scrap VLCC
    And continues to offer the highest prices, but demolition market remains hungry for tonnage.
  • Bulker boost for Norden
    Share price soars as Danish owner ups 2003 profit forecast by 60%.
  • Waigaoqiao to start expanding capacity
    China's showcase yard embarks on second phase of its development plan.
  • Bulker boom sends Japan yards soaring
    Order intake reaches fourth highest total in 30 years and there is still six months of the year to go.
  • Singapore sees bunker sales restored
    Lion Republic sees ship fuel sales restored to pre-SARS levels, but register is still shrinking.
  • Samsung confirm LNG orders
    Korean shipbuilder inks in five vessels with more expected.
  • Banga banks on Noble success
    Number two at Hong Kong-based owner and commodities trader swallows up company stock.
  • ST Eng inks NOAA vessel option
    Singapore firm's US yard to build second $39m fisheries survey vessel for US government.

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American Shipperweb site
OCTOBER 20, 2003
  • CP Ships adds ANZDL to U.S. East Coast/Oceania service
  • Pacific carriers raise westbound metal scrap rates
  • CMB lost 5 million euros in 3rd quarter
  • MarAd disposes more ships from aging James River fleet
  • Cargo boosts Northwest revenue results
  • TSA to test access control technology at airports
  • Maersk, port lobby group call for Felixstowe rail link funding
  • Yellow shareholders to vote on Roadway
  • FedEx asks FMC to take rulemaking route for NVO contract proposal
  • FMC reviews eight OTI applications, revokes 11 licenses
  • 48 congressmen ask Bush to complete U.S./Australia FTA
  • FDA launches online registration for food processing facilities
  • Army promotes MTMC's Scheid to general
  • ITC report: Andean trade pact has little impact on U.S.economy
  • ITC report: Caribbean trade pact benefits could be significant
  • Agri-bulk traffic soars at port of Brunswick
  • Bean: judge's interpretation in N.C. dredge dispute "clear error"
  • MTMC puts Philadelphia port to test with large shipment

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