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| JANUARY 23, 2003 |
Shipping News
- Malacca, S'pore straits at risk of terrorist attack
THE Malacca and Singapore Straits are prime targets for a major terrorist attack on commercial shipping because of their economic importance, high traffic volume, limited manoeuvrability and the existing piracy problem, say maritime security and intelligence experts.
- Expect more security laws: US Customs
THE maritime transport industry can expect even more security related legislation, after a sobering US Customs warning that the controversial 24-hour advance manifest rule is 'just the first' stage of enhancement.
- December a record for Korean yards
FOR the world's three biggest shipbuilders, December was a banner month in a sluggish year: the South Korean companies won US$2.15 billion of orders - a quarter of what they won all year.
- More discussions urged on EU tanker ban
GREECE, which controls nearly 40 per cent of European Union shipping, has asked for key questions to be answered before an EU ban on single-hull tankers from carrying heavy fuel goes into effect.
Air and Land Transport
- Defiant Delta, partners proceed with alliance
DELTA, Northwest and Continental airlines are going ahead with their planned alliance, defying limits that federal regulators had planned to impose on the deal.
- Lufthansa to ground another 9 planes on weak demand
- Airbus pushing hard to win Japan orders for new A380
- United opens new terminal in Japan
- S Korea, India to increase flights
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| JANUARY 23, 2003 |
- OT Africa Line granted China NVOCC licence
- AST&L inks deal with China Communications and transportation
- US Customs official to address TOC2003 Asia on terrorism
- MOL trio become executive officers of various divisions
- NOL says FY2002 loss will not go over US$355m
- CMB's 2002 result slips 41 per cent year-on-year
- Our best results ever, says Port of Rotterdam CEO
- Northwest announces fourth quarter net loss of US$488m
- Indonesian Airlines signs software deals to aid growth
- Pilot's chairman acquires remaining stake in company
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| JANUARY 22, 2003 |
- US West Coast markets update
- Improved avails on US Gulf as demand dwindles
- Daily bunker market report from Praxis Energy Agents
- Price update for Montevideo and Alpha Zone
- Weekly African market report from GAC
- Venezuela pilots back to work
- Japan single-hull ban?
- Daily bunker market report from Praxis Energy Agents (Tuesday)
- Piraeus weather not dampening a rise in enquiries
- Rotterdam numbers start to fall amid rise in enquiry levels
- Relentless crude continues to push Hong Kong numbers upward
- IBIA warns on EU tanker proposals
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| JANUARY 22, 2003 |
- Ordering spree from the world’s largest tug owner
- Mols-Linien looking for work
- Stena gets new shipping MD
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| JANUARY 22, 2003 |
- Lighthouse files for Chapter 11
Ferry firm says commuter service will keep operating as talks with New York Waterway continue
- What McCain doesn't like about Inouye's NCL initiative
Senator John McCain may have lost a vote on an effort to overturn a special deal for NCL, but it's instructive to read what he had to say on the matter
- Oops! EC to ban bunker barges?
In its post-Prestige fervor to clean up the tanker industry, the European Commission may have inadvertently drafted proposals that would outlaw most of the European Union's bunker barge fleet.
- USCG broadens GL agreement
Germanischer Lloyd can now do more for U.S.-flag shipowners.
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| JANUARY 22, 2003 |
- Waterfront Futures Group formed for Bellingham area
- Maersk Sealand and partners add new Pacific Northwest service
- Port of Vancouver, BC sees record jump in box moves
- P&O Ports expanding to West Coast with new operations in Canada
- Stelmar shipping inks deal to charter pair of new tankers
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| JANUARY 23, 2003 |
- Hong Kong lags in race to meet US box deadline
HONG Kong is in danger of suffering a huge loss of face as the date for its compliance with the US Customs’ 24-hour rule looms.
- Containers left on quayside as lines get tough
EUROPEAN exports bound for the US are being left on the quayside by some lines because of incomplete paperwork, writes Janet Porter.
- PSA mulls US Customs special veto
TERMINAL operator PSA Corp has raised the prospect of US Customs officers in Singapore given on-the-spot decision powers under the Container Security Initiative to overcome a time lag with the US.
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| JANUARY 23, 2003 |
- Fairplay unveils Venezuela hijack
- Chile halts port concession plans
- Icing hinders Petersburg bunkering
- Two hurt in Jacksonville fire
- Officers refute PDVSA claims
- Delivery diverted by 'war threat'
- Lines hook up US transhipment cargo
- More management changes at Stena
- Gdansk wins ro-ro services
- EU ban could cripple bunkering
- Qatar inaugurates petchem complex
- Titan in Spabunker salvage rumour
- PSA warns of security challenge
- Ship manager in Cuban debt row
- Busan terminal to be privatised
- Greens urge Wind Song investigation
- Japan ponders single hull measures
- Korean ship exports surge
- Malaysia seeks THC clarification
- Ferry passenger kills crew member
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| JANUARY 22, 2003 |
- West Coast longshore contract ratified
Employers, longshoremen approve landmark six-year contract agreement.
- Cars, grain propel Union Pacific
North America's largest rail operator reported higher quarterly earnings on improvements in auto, grain and industrial shipments.
- Union, truckers break off talks
Contract talks between the Teamsters union representing 90,000 drivers and cargo handlers and U.S. trucking companies recessed amid differences over wages and healthcare costs.
- Senate confirms Ridge as Homeland secretary
- South Korea, Malaysia join CSI
- Heartland Express sees strong 4Q
- Roadway net doubles
- DOT to challenge airline alliance
- Taiwan airline sets direct China flights
- Lighterer hits Delaware dredge plan
- Panama Canal chairman resigns
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| JANUARY 22, 2003 |
- Conservative recovery plan could slow NOL revival
Neptune Orient Lines’ (NOL) new conservative stance could put it at a competitive disadvantage during an upturn, said an analyst.
- Demand for Panamaxes props charter index
Panamax vessels are hard to come by at the moment, according to broker Howe Robinson, and that has been nudging the index upwards.
- PSA tries to streamline US 24-hour manifest rules
- Strong USWC figures hint at US export recovery
- Lower Saxony and Bremen press on with Wilhelmshaven project
- Slump in US dollar to hit Australian/New Zealand exports
- Vancouver reports 27% box growth, pleads for cash
- NZ PM stems Tranz Rail buy-back rumours
- Kingston romps up box league table, Buenos Aires dives
- Swiss test double sized train in Alpine efficiency drive
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| JANUARY 22, 2003 |
- Canadians tighten up
Government readies $172.5m security package boasting new technology.
- Cruise buffs?
Naked cruising more popular than ever, according to experts.
- Panama chair vacated
Head of Canal Affairs in Panama steps down, amid rumours he will join list of presidential candidates.
- Venezuela pilots stay on the job
Dissident PDVSA staff fail to persuade pilots to go back on strike, says port captain.
- SCI privatisation back on?
See-saw sell-off saga latest may signal revival of VLCC buys.
- US warns Hong Kong over container security
Shippers slow to respond to US requests for advance cargo notification.
- RCCL says cruise market resilient to terror
Chief Richard Fain holds to improved fourth quarter earnings forecast.
- IHC Caland fails to hit the target
Dutch shipbuilder and FPSO owner hit by restructuring costs at van der Giessen-de Noord yard.
- Fault halts Novoship OBO
Danish authorities stop Kapitan Stankov from transiting its waters until steering gear is fixed.
- Profits down at TUI
Parent of Hapag-Lloyd container line offloads remaining oil and gas business.
- Kra Canal study to go ahead
Hong Kong firm prepares to examine feasibility of Thai waterway that could save owners five days sailing time.
- Tanker demand boosts Korean orders
Newbuilding contracts quadruple in fourth quarter.
- Bunker body warns on planned EU ban
Proposed legislation would outlaw large part of European barge fleet.
- Shipping still turning a profit for Keppel T&T
Reluctant Singapore owner in the black, but boxship fleet remains for sale.
- Skaugen sets up Caribbean lightering base
Aruba facility - the firm's first outside US - promises "significant" cost savings for customers.
- Boxship caught in Jacksonville fire
Welding work blamed for explosion on Jungerhans' 1,122-teu Ara J (built 1998) in US port.
- Vancouver sees container surge in 2002
Port sees 27% jump in box throughput, but says much needs to be done to maintain growth.
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- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
