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| DECEMBER 22, 2003 |
Shipping News
- Pirates should be regarded as terrorists: Kan Seng
PIRATES roaming the waters of South-east Asia should be regarded as terrorists, Singapore's Home Affairs Minister Wong Kan Seng said amid a rising number of attacks on ships and tankers.
- Philip Green is P&O Nedlloyd's new CEO
ANGLO-Dutch shipping group P&O Nedlloyd Container Line has appointed former Reuters Group chief operating officer Philip Green to replace Robert Woods as chief executive.
- Algeria to build new container terminal
OIL-rich Algeria will soon build a second container terminal at the Mediterranean capital's port to trim handling time and prepare for a sharp rise in traffic in coming years, the port authority said.
- The new queen of the seas
CAPTAIN Ronald W Warwick is seen with the Queen Mary 2 at the Alstom Chantiers de l'Atlantique shipyard in this December 2003 photo released on Saturday.
Air and Land Transport
- Air Canada buys 90 planes from Bombardier, Embraer
AIR Canada is splitting a 90-plane order for new regional jet airliners between Montreal-based Bombardier and its Brazilian arch-rival, Embraer.
- MAS adds 280 flights to meet festive demand
- EC asks airlines to explain pricing anomaly
- Cathay Pacific buying Boeing freighter
- Boeing told to improve ethical behaviour
- Skymark Airlines names new president
Liner Scene
- Demand for feeder tonnage set for dramatic increase
WHILE the big carriers have been bullish about their prospects and have pushed through multiple rate restorations in the past few months - with the promise of more in 2004 - there have been indications that the feeder operators may not yet be fully enjoying the fruits of the liner sector's dramatic turnaround.
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| DECEMBER 22, 2003 |
- Jiangsu Province hits foreign trade record
- China to speed up logistics development
- Hual increases PCTC order to seven ships
- IMO makes moves on audit scheme
- Norasia to launch RTW service
- Shanghai Port trade to reach US$200b by end of year
- Lufthansa to fly to Guangzhou from February
- Qantas and Australia Post to buy express trucking business
- Bush pushes new US aviation bill into law
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| DECEMBER 22, 2003 |
- Petroleum Ministry agrees with MoS on age norms for chartering crude tankers
- First LNG tanker to arrive at Dahej next month-end
- India signs deals to export over 4 lakh bales of cotton
- Vietnam buys 15,000 t. soyameal from India
- Indian tea faces EU trade barriers
- Oilmeal exports expected to touch 3.3 m. tonnes by end of 2003-04
- CKB achieves another milestone - Contributes 44 teus to Conraj train from ICD-Sabarmati to MICT
- Kandla Port to play key role in development of Rajasthan - KPT, Rajasthan Chamber hold trade meet
- ...handles record 31,050 tonnes of coal in 23 hours
- Vizag Customs zone registers robust growth in revenue
- Work on Dhamra port likely to begin soon
- Rlys, CWC to sign MoU to set up rail-side warehouses
- Steel Ministry suggests import duty restructure
- Finance Ministry may tax Mode 2 service exports
- Sugar sector gets boost due to China’s shortfall
- CBEC clarifies on service tax issue
- Service tax payers likely to get refunds
- Parliament clears IMO protocols
- EOUs Confederation sees need to continue with tax holiday even after 2010
- Dairy sector demands zero duty on concentrated milk
- Short supply may trigger garlic price rise
- Hussain presents SRTEPC awards
- India, Iran Chamber to host buyer-seller meet on Dec. 24
- Fieo to organise buyer-seller meet in S. Africa from Feb. 5 - Awareness workshop on Jan. 13
- State to clear subsidies to Vidarbha units in 15 days
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| DECEMBER 19, 2003 |
- West African update
- Calpam's Antwerp office takes a back seat in tough market
The difficulties cited as the reasons for the closure of Calpam's Rotterdam office back in October about securing timely supply to customers, both with regards to securing product and barge capacity, are even more acute in Antwerp, causing the company to take a back seat in the bunker market.
- The Baltic starts to feel winter - but no great Christmas rush
That weekly Baltic round up.
- Rotterdam: January prices firm, December supplies carry premium
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| DECEMBER 19, 2003 |
- Wincanton: Board changes
- PONL loses lawsuit against former terminals director
- Demava Airlines appoints GSA for USA
- Rhenus Alpina and Natural van Dam found Basel MultiTerminal AG
- Sweden’s Posten AB dumps subsidiary
- No EU intervention in German Sunday truck driving ban for time being
- PackageTrack launches civilian version of Ship, Track and Trace network
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| DECEMBER 19, 2003 |
- Storage vessel planned at Murmansk
- Norwegian officers charged will pollution crimes in USA
- "Midnatsol" back-up system not activated
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| DECEMBER 19, 2003 |
- MOL lands big project cargo contract
- Exmar get contracts for specialist LNG carriers
- Panama picks additional RSOs
- UK-Continent ferry traffic down
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| DECEMBER 19, 2003 |
- Bollinger picks Louisiana for expansion
$30 million line of credit--plus a 10,000 ton lift drydock for $1 a year
- USCG issues slew of security NVIC's
Tons of guidance as ISPS and MTSA deadlines near
- Engineers indicted in Norway pollution case
Company paid $1 million in plea bargain, but "individuals must be held accountable"
- $222 million contract for EB
SSBN to SSGN
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| DECEMBER 19, 2003 |
- Tacoma longshore local
plays Santa for needy families
- Rail intermodal traffic already tops yearly mark
- Portland Shipping Club looking for new 'Old Salt'
- Portland Customs office moves to new temporary quarters
- WPPA presents Washington senator with first economic development award
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| DECEMBER 22, 2003 |
- Outsider Green moves in to take charge at P&O Nedlloyd
ONE of the top jobs in liner shipping is to be filled by an industry outsider, with former Reuters executive Philip Green to take charge of P&O Nedlloyd.
- New chief arrives at critical moment
PHILIP Green takes over as chief executive of P&O Ned- lloyd at a critical time for one of the world’s biggest liner shipping companies that faces an uncertain few months, writes Janet Porter.
- Bermuda captive to save owners millions
A BERMUDIAN captive insurance company is being developed to help shipowners save millions of dollars in liability premiums in the years to come.
- Stolt Offshore in bid to raise $130m equity
STOLT Offshore has announced plans to raise almost $130m of fresh equity in an important step towards solving its financial problems, writes Tony Gray.
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| DECEMBER 19, 2003 |
- Exxon plan 'absurdly ambitious'
EXXONMOBIL is reported to have invited bids for up to 28 LNG vessels, eight of which could be of 200,000m³ capacity. But market sources have described this as "absurdly ambitious", although some deals are said to be "on the verge of being signed"
- Reuters' Green becomes P&O Ned CEO
P&O Nedlloyd, the containership operator, has appointed former Reuters chief operating officer Philip Green as its new CEO.... Full story
- Lisnave investigates fatal fire
PORTUGUESE ship repair specialist Lisnave has launched an investigation into a fire that broke out on Soponata tanker Geres yesterday, killing one seafarer.... Full story
- Mombasa cruise plans at risk
PLANS for the UK’s Symonds Group to develop a $7M cruise ship terminal at Mombasa, Kenya are at risk following recent security concerns.... Full story
- Evergreen 'behind Trieste sale'
SOURCES in Italy have suggested to Fairplay that Taiwanese giant Evergreen Marine has been forced to step into the operations at troubled Trieste container terminal.... Full story
- Alcan delays Pechiney smelter plan
ALCAN, the Canadian aluminium manufacturer, has put back a decision on a new smelter at Coega, South Africa planned by French producer Pechiney.... Full story
- Reliance on navaid led to collision
- Abandoned bulker towed for repairs
- Norway shuns seafarers’ wage forum
- Norse Merchant rescue concluded
- Trieste terminal stake acquired
- Paris will fund marine motorways
- India anticipates LNG deliveries
- D'Amato split before handing down
- Algeria's CNAN links with Iscomar
- Brisbane agrees pilot compromise
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| DECEMBER 19, 2003 |
- Judge OKs Astar citizenship
A Transportation Department law judge ruled that the former DHL Airways is an independent U.S. company.
- U.S. manufacturers call for halt to FTAs
Coalition demands 'balanced trade,' asks Washington to impose moratorium on agreements.
- Ex-DHL exec to head P&O Nedlloyd
Philip Green, one-time senior executive at DHL, will lead container carrier as rumors of exit from shipping swirl.
- China urges direct Taiwan sea links
- Endangered species threaten Missouri barge traffic
- Charbonnet chairs Port of New Orleans board
- TPG appoints new express chief
- ACL upgrades West Africa service
- JFK plans new cargo center
- Alameda Corridor finishing last grade separation
- Mexico's TMM to restructure $377M in debt
- Vintage Parts selects Vanguard logistics
- Korea tax revamp to aid carriers
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| DECEMBER 19, 2003 |
- Chinese box manufacturers raise prices
Mainland Chinese container manufacturers are to cut the refund ratio on value-added tax (VAT) applied to locally-sourced materials on January 1, from 17% to 13%, raising their box prices.
- US scrap steel exports carried by containers
- PONL CEO announced
- Santos terminals: flight to price could be ‘false economy’ warns Santos Brasil
- Sisam Group’s T.O. Delta to buy stake in Trieste terminal
- Port of LA to go green at old Matson terminal
- New container terminal operating company in Basel
- Rickmers-Linie ups its CAF
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| DECEMBER 19, 2003 |
- Stolt Offshore plans to raise $100m
Stolt-Nielsen agrees to take 11.4m shares in exchange for debt.
- RCCL to develop port in New Jersey
Line signs deal with Bayonne, as Willams is appointed to Homeland committee.
- Troim bides his time
Chief exec extends forward contract on Golar share purchase again.
- Royal Olympic moves to protect ships
Cruise line to negotiate letter of credit to prevent arrests outside US waters.
- Green takes helm at P&O Nedlloyd
Ex-Reuters and DHL executive steps in Haddo Meijer’s shoes.
- ExxonMobil unveils huge LNG tender
Around 20 owners line up for up to 24 newbuildings in ambitious game play.
- Aker Kvaerner sells Rosenberg yard stake
Industrial grouping buys controlling shareholding in offshore-focused Norwegian yard.
- Vietnam ponders direct India link
Growing trade inspires talk of shipping service between two Asian countries.
- Christmas comes early for shipyards
ExxonMobil's giant tender could hike LNG ship prices by over 20%.
- New names make LNG play
Guess who's back? LNG novices get ExxonMobil newbuilding party invites.
- SCI invests in offshore production
Indian owner joins domestic refiner ONGC in joint venture for oil and gas industry.
- DFDS builds AngloBridge
Danish owner adds another weekly call to Sweden-UK ro-ro link.
- NCL engineers charged with waste dumping
Three of Norwegian cruiseship owner's senior officers face federal action in US over false logbooks.
- Viken moves into VLCC sector
Norwegian owner buys sisterships from oil major with charter back deal.
- One dead after fire on Portuguese suezmax
Eight more crew and yard workers injured at Lisnave’s Mitrena repair yard.
- Dry bulk dominates Japan order intake
Bulkers made up 60% of orders in November as yards book close to 40 newbuilding contracts.
- Cargoship hits trawler
One man dead and six injured after incident off Chinese coast.
- P&O Nedlloyd upgrades Kiwi-Asia links
Anglo Dutch container line to introduce direct service between New Zealand and South East Asia.
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| DECEMBER 19, 2003 |
- CMA CGM, China Shipping to add 3rd Asia/U.S. all-water Panama service
- Former DHL executive Green to run P&O Nedlloyd
- China Navigation acquires Indotrans service from Oldendorff
- Grimaldi, ACL revise West African services
- European Commission wants to extend ISM Code to all ships
- NYK to build double-hull VLCC
- Panama-flag register picks two security assessors
- CSX network hampered by derailment, bad weather
- Central Freight Lines goes public
- EC allows subsidies for rail container moves in Britain
- Mexican truck case reaches U.S. Supreme Court
- Container inspection process needs more improvement, Agencies say
- N.D. wheat farmers blast Canadian government's help to CWB
- Panalpina names Geraldi VP North America
- Global food aid volumes expected to reach 9 million tons in 2003-04
- Port of Los Angeles adds environmental requirements to future terminal lease
- P&O Ports North America appoints Fogarty VP of sales and marketing
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