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02 April 2020 The on-line newspaper devoted to the world of transports 13:32 GMT+2

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Shipping Timesweb site
APRIL 24, 2003
Shipping News
  • Port Klang misses spot on top 10 list by a notch
    MALAYSIA's Port Klang missed out on a place in the world's top 10 container ports by a whisker last year, climbing one spot to be ranked 11th with its throughput of 4.5 million TEUs.
  • Myanmar delivers vessel to S'pore firm
    MYANMAR has delivered to a Singaporean company an offshore oil exploration utility vessel built by the Myanma Shipyards , a state-run enterprise under the Ministry of Transport, official newspaper The New Light of Myanmar reported on Tuesday.
  • Kandla port's operations close to normal
    CARGO at one major Indian port has started to move as a crippling nationwide truckers' strike continued into its second day.
  • Taiwanese fishing boat sinks in storm
    THE 17 crew members of a Taiwanese fishing boat were believed drowned after their vessel sank in a severe South Pacific storm, search and rescue authorities said yesterday.
Air and Land Transport
  • SAS seeks new business closer to home
    SCANDINAVIAN flag carrier SAS and other European carriers being squeezed by bigger players and low-fare rivals face mounting pressure to shore up home markets and find new business closer to home.
  • HK cargo terminal operator to halve rates
  • American Airlines scrambles to avoid bankruptcy filing
  • Jet Airways delays taking delivery of 10 new planes
  • LOG Book
  • Lines profit from war aftermath
    SSEVERAL shipping companies, including Singapore's Neptune Orient Lines , continue to benefit from the US defence forces' need to move supplies to support the military and rebuilding operations of the Iraq war.

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Sched Netweb site
APRIL 24, 2003
  • AADA carriers to adjust bunker surcharge in May
  • MOL launches enhanced global liner web site
  • UPS Q1 profits grow on back of international business
  • CMB consolidated first quarter result rises by EUR29 million
  • GTS pulls out TOPS to aid marine operators productivity
  • Singapore offers airport relief package to carriers, tenants
  • Vietnam Airlines takes delivery of first Boeing 777-200ER
  • CNF net income down in first quarter of 2003

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Exim Indiaweb site
APRIL 24, 2003
  • Finance Bill 2003 amendments to contain incentives for SEZ units
  • Textile inputs stock declaration deadline extended
  • AP to speed up setting up of SEZ at Parawada
  • Diesel price may be lowered by another rupee
  • Shipping sector's performance in 2002-03: A bird's eye-view of MoS' Annual Report
  • IMTC to be "International" Maritime Training Centre from May 1
  • CSL India makes a splash in Indian Ocean - Riding the crest of the wave...
  • Zambian President rolls out red carpet for Indian investment
  • WFP allows Indian wheat, sugar cargoes to be unloaded at Dubai & Sharjah
  • Free export of DAP sans subsidy allowed
  • 2 RMQCs arrive at Visakha Container Terminal
  • NSCOA not in favour of 'one container per trailer' rule
  • Dayalu Dall & Oil Mill, Nagpur, bags export award
  • Industrial team to visit Iraq
  • Rakesh Mehra, Prem Malik at SRTEPC helm

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The Bunker Bulletinweb site
APRIL 23, 2003
  • EIA warns US stocks remain low despite record crude imports
  • African market report from GAC
  • Daily Bunker market report from Praxis Energy Agents
  • Crude dives as US crude inventories soar
  • Piraeus gears up for Sunday's port closure
  • Slight barge problems hinder an otherwise healthy Korea
  • Oil rally flounders as market awaits OPEC cut decision
  • Saudi posted prices on the rise
  • Rotterdam morning market report

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International Transport Journalweb site
APRIL 23, 2003
  • Roland Bösker is the new PR manager at Senator Lines
  • Le Havre posts new record container movements in March
  • Cargolux registered close to 220% higher net profit in 2002
  • FS to spin-off RFI
  • Maersk Logistics opens new airfreight office in Dubai

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The Scandinavian Shipping Gazetteweb site
APRIL 23, 2003
  • Four new Max tankers to Stena Bulk
  • Ship refuge through single agency
  • SARS stops Chinese attendance at launch of East Indiaman

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Marine Logweb site
APRIL 23, 2003
  • Regal Empress still detained
    Dispute with engine repairer
  • Carnival to raise $500 million
    Convertible securities guaranteed by Carnival plc

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World Wide Shipperweb site
APRIL 23, 2003
  • Norwegian Cruise Line bringing NORWEGIAN SKY to Seattle
  • Port of Portland developing food recycling program at PDX
  • BNSF first quarter earnings come in at $.40 per share
  • Port of Tacoma places Annual Report into 'Top Stories' section of web site
  • Carnival Corporation set to offer $500 million in convertible securities

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Lloyd's Listweb site
APRIL 24, 2003
  • Carnival cashes in on P&O Princess deal
    Carnival Corp has wasted no time in using its acquisition of P&O Princess, now renamed Carnival plc, to support the raising of fresh funds for the group's investment programme, writes Tony Gray.
  • Royal Caribbean holds back on orders in face of gloomy outlook
    CRUISE shipbuilders' increasing despair at the prospects of securing new orders was thrown into sharp relief yesterday, after Royal Caribbean held up not ordering new ships as a viable tactic to bolster cruise companies' financial condition, writes Rajesh Joshi.
  • EU move for double-hull bunker tanks in new ships
    THE European Union could introduce mandatory double-walled bunker tanks for all new vessels, including containerships, if it is to follow a plan made by members of the European Parliament.
  • Boxships will be longer - Probst
    Containership specialist and Germanischer Lloyd head of approval services East Asia, Jan-Olaf Probst, said he had been warned by colleagues dealing with tanker design "to be careful because something is coming", on hearing of the Piecyk proposal for double skins around bunkers.
  • Opec lines up oil production curbs to avoid price collapse
    OPEC ministers are set to curb oil production to underpin crude prices in response to falling demand.
  • WTO warns on global trade
    GLOBAL trade in volume terms is forecast to increase by less than 3% in 2003, the World Trade Organisation predicted yesterday, but it warned the estimates were marked by downside risks due to the continued sluggishness of the world economy and the effects of the outbreak of severe acute respiratory syndrome, writes John Zaracostas.

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Fairplayweb site
APRIL 23, 2003
  • CP reports loss but with silver lining
  • Royal Caribbean rides out war
  • Guayaquil privatisation u-turn
  • Bonanza for Chinese builder
  • Botnica thruster is an Azipod
  • Guangzhou Shipyard profit up 77pc
  • Venezuela lifts force majeure
  • Awilco leaves Oslo market
  • Karachi clears vessel threat
  • Box trade grows in fits and starts
  • Stena Bulk eyes Russian market
  • Russian oil majors merge
  • MSA probes NZ tanker incident
  • SCI bids 'on again'
  • EU phase-out given thumbs up
  • India offers flag inducement
  • Trieste community ":destructive":
  • Lyttelton 'snowed up'
  • Carnival to raise $500M
  • Korea strengthens Med links
  • Korea plans safety info network
  • Maersk boycott ends in Shanghai
  • Decks to be cleared for PAT listing

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The Journal of Commerceweb site
APRIL 23, 2003
  • HMT interest case back to high court?
    Companies that are pursuing interest payments on Harbor Maintenance Tax refunds make "full-court press."
  • CP Ships loss widens
    The carrier reported a loss of $21 million for the first quarter of 2003, up from a loss of $11 million from the same period a year ago, despite increases in cargo volume and revenue.
  • $1B loss for American Airlines parent
    Cargo revenue was flat at $134 million despite a 5.8 percent increase in cargo volume.
  • Cold quarter for CN
  • Liberia to test mariner's biometric I.D. card
  • New York, Conn. battle over Sound pilots
  • Kelang operator upgrades equipment handling
  • Norfolk Southern earnings off
  • Fuel charge trimmed by Cargolux
  • MOL (America) names APL's Craig to head yield management
  • Spanish dockworkers slate walk-out
  • Pilot Air Freight tabs two
  • AGS implements eTrac Settlement

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Containerisation Internationalweb site
APRIL 23, 2003
  • CP Ships: Q1 losses pave road to plenty
    CP Ships today reported a US$2 million operating loss for Q1, but insisted that strong volumes 'augur well for the rest of the year', and that supply/demand imbalance is at an end.
  • PM orders investor-friendly strategy for Thai ports
    Thailand's Prime Minister, Thaksin Shinawatra, has instructed the Port Authority of Thailand (PAT) to become more investor-friendly, in part by revising privatisation plans and lowering its debt-to-equity ratio.
  • Strong charter market will cost us, warns liner executive
  • US ports intensify anti-SARS restrictions on vessel calls
  • Heated ANZ/WCNA debate leads to direct Adelaide call
  • Shippers to pay for X-ray vision
  • GA Asia Med string cuts Kobe for further China call
  • Brenner rail link to carry two thirds of transalpine freight

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TradeWindsweb site
APRIL 23, 2003
  • Genmar generates cash
    Heavy spot play pays off for New York owner with $34m earnings splash.
  • Carnival grosses $500m in notes offer
    Cruise company says uses to include newbuilding programme.
  • Lower tide
    Offshore goliath Tidewater sees weaker earnings for quarter, year.
  • War in Iraq clouds RCCL future
    Cruise company projects weaker second quarter after steady start to 2003.
  • Brokers bullish on boxship bonanza
    But tough chartering strategy choices await players.
  • OMI rides tanker rate boom
    Chairman Craig Stevenson expects strong second quarter.
  • Canada holds five in March
    Spar Shipping and Marachart bulkers featured on detention list last month.
  • Vopak losing velocity
    Harsh Baltic winter puts the freeze on Dutch chemical tanker owner's profit in first quarter.
  • CSDC splits Chinese bulker order
    Chinese owner signs for four ultra-handymaxes at Bohai and Shanghai, and scraps two tankers.
  • Losses grow at CP Ships
    Boxship giant hit by fuel prices and weak dollar in first quarter, but expects better in rest of 2003.
  • Cosco Investment secures Dalian yard stake
    Singapore bulker owner presses ahead with China yard buys.
  • CSIC logs fivefold order increase
    China's northern shipyard group trawls in giant first quarter order haul.
  • Matson on the rise
    US to Hawaii container line boosts profits and volumes in the first quarter.
  • Li Ka-shing among top OOIL shareholders
    New disclosure rules reveal Asia's richest man as major shareholder in boxship operator.
  • Sincere Navigation edges up earnings
    Taiwanese bulker owner survives revenue drop to boost net profit in 2002.
  • Wan Hai Lines income soars
    Red hot returns continue into 2003 for expanding Taiwanese liner operator.
  • Newport News sells ADSB stake
    US shipbuilder sells 30% stake in Abu Dhabi Ship Building to government as big deal looms.
  • A&P signs ship-blasting deal
    UK shiprepair group contracts out surface preparation work to German firm in five-year deal.
  • Sperry inks Jinling IBS deal
    US marine electronics giant to provide navaids and communications equipment for Airbus ro-ro.

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American Shipperweb site
APRIL 23, 2003
  • Miles adds his voice to industry concerns over SARS
  • CP Ships reports wider loss for 1st quarter
  • MOL (America) names Craig VP of yield management
  • Supreme Court asks solicitor general's opnion in COGSA case
  • Matson sees profit recovery in first quarter
  • Coast Guard regulates hazmat cargoes on inland waters
  • C.H. Robinson sees double-digit earnings growth
  • CN's first-quarter net income benefits from charge
  • BNSF reports improved first-quarter net profit
  • North Carolina shippers get import regulations seminar
  • USDA proposes assistance to farmers hurt by imports
  • WTO predicts sluggish growth in world trade in 2003
  • APL Logistics' european head steps down
  • Stevedoring Services of America joins SST security initiative
  • Port of Long Beach to deploy surveillance cameras
  • Import documentation problems, congestion hit Los Angeles

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