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04 April 2020 The on-line newspaper devoted to the world of transports 21:03 GMT+2

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Shipping Timesweb site
OCTOBER 24, 2003
Shipping News
  • Marine industry fights manpower woes with 2-pronged strategy
    SINGAPORE's resilient marine industry yesterday unveiled a two-pronged strategy to solve its manpower woes, enlisting government help to assess and boost workforce skills, and forking out its own cash for a much-needed image overhaul to attract labour.
  • Hutchison ex-exec to head PSA China arm: reports
    THE ranks of ex-Hutchison employees now working here is about to be bolstered once again with PSA Corporation reportedly embracing another Hong Kong executive into its fold.
  • SuperStar Gemini to be based in S'pore
    STAR Cruises will relocate its SuperStar Gemini liner from its home port of Hong Kong to Singapore tomorrow for the rest of the year.
  • China Shipping Dev's 9-month profit up 83%
    CHINA Shipping Development Co Ltd, China's second-largest shipping company, said that its nine-month net profit surged by 83 per cent from the previous year and it expects full-year earnings to grow by more than 50 per cent partly due to strong domestic transport growth.
  • Samsung Heavy wins US$1b order
    SAMSUNG Heavy Industries, the world's third-largest shipbuilder, said it won orders from BG Group and Ras Laffan Liquefied Natural Gas Co of Qatar for liquefied natural gas ships worth US$1.38 billion.
  • Korean president visits PSA terminal
    KOREAN President Roh Moo-hyun paid a visit to PSA Corporation's Brani Container Terminal yesterday while in Singapore for a three-day state visit aimed at bolstering growing economic and political links.
Air and Land Transport
  • NZ antitrust regulator blocks Qantas-Air NZ tie-up
    QANTAS Airways' proposal to spend NZ$550 million for a stake in Air New Zealand was blocked by New Zealand's antitrust regulator, which said an alliance would reduce competition.
  • Cost cuts help KLM beat profit expectations
  • AMR barely makes a profit in peak season
  • Emirates set to take delivery of first longhaul Airbus
  • India opening up int'l routes to private domestic airlines
  • Green light for planes to fly closer together over US
Admiralty Casebook
  • Shipbroker's action in rem struck out
    A BROKER that acted as a shipbuilder's marketing agent could not later arrest the vessel it had sold as security in a claim against the builder for the non-payment of its commission, a Canadian court has ruled.

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Sched Netweb site
OCTOBER 24, 2003
  • China Merchants sights land for SCT III
  • Telstra gets digital certification approval
  • Chinatrans opens four mainland branches
  • Seven day link between Vietnam and Australia on the cards
  • Aeroflot gets first Airbus A320
  • Qantas seeking alliance talks with Air NZ
  • Logan first to test US air cargo screening

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Exim Indiaweb site
OCTOBER 24, 2003
  • Evergreen joins hands with Simatech in service linking Asia, India & Gulf
  • J. M. Baxi & Co. handles massive reactors at Kandla Port
  • Govt committed to developing cruise industry, affirms Shatrughan Sinha
  • China imports huge volume of indian soyameal
  • Iron ore for exports loaded at Haldia
  • Sugar exports remain dull on eve of Diwali
  • Coir sector likely to import fibre from South-East Asia
  • ChPT team to study car terminal features at Ulsan
  • Rlys records significant growth in freight loading
  • Falling dollar, strong stock market helped economic growth, says PM's aide
  • Tata study projects spectacular increase in technical textiles market size
  • Chinese steel makers keen to import Indian iron ore
  • Koreans seek IMC advice on investment avenues in city
  • Assam likely to host first-ever international tea meet

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The Bunker Bulletinweb site
OCTOBER 23, 2003
  • Gulf Coast pricing stirs demand
  • Durban: Bunkering by barge terminated at Bluff terminals
    Safety concerns are behind a decision to terminate bunkering by barge at Durban's Bluff Coaling Appliances (BCAs) 3 and 4. Bunkering is possible both by barge and by pipeline in the port of Durban, but not all berths are equipped with pipelines for bunkers, including Bluff, where all bunkering has been done by barge.
  • Istanbul bunkering hit by storm again
  • Soft ARA region sees good demand today
  • Bearish outlook for ballooning Singapore fuel oil stocks
    There seems to be no immediate outlet for ballooning stocks of fuel oil in Singapore, with weekly data once again showing a rise in on-shore stocks of residual fuels. Chinese cargo buyers appear to be fulfilling most of their imports from sources other than Singapore.
  • Barge premiums still supporting Japanese bunkers
    Runs between refineries and power stations are still depriving the Japanese bunker market of barge avails.
  • Uncertainty and imminent strike see Italian demand drop off
  • Singapore ends week on a bearish note
    Today saw cargo prices fall on a mix of softer crude and bearish inventory data, which also caused bunker prices to fall.
  • Rotterdam barge congestion builds

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International Transport Journalweb site
OCTOBER 23, 2003
  • UPS posts profit surge in Q3, 2003
  • The Port of Basel: Low water reduces throughput
  • British Airways and Swiss formally seal collaboration
  • First quarter financial year 2004 results for Brunswick GA
  • Pacer International names Mike Uremovich as Vice Chairman

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The Scandinavian Shipping Gazetteweb site
OCTOBER 23, 2003
  • Utkilen acquires ChemTrans majority
  • Low freight rates for older tonnage puts pressure on Concordia
  • Tax demand on Odfjell fines

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Marine Logweb site
OCTOBER 23, 2003
  • Maritime Security Rules: What are the major changes?
    The DHS has summarized some of the major changes in Coast Guard's just-published final rules implementing MTSA and ISPS
  • Ports to Ridge: "Where's the money?"
    AAPA seeks $400 million for FY '05 TSA port security grant program
  • IMO Secretary General irked by EU tanker regs
    Unilateral action causes O'Neil "serious concern" and "disappointment"
  • Todd Pacific makes ship repair appointment
    Dale E. Baugh named Director of Ship Repair Processes and Resource Development
  • $23 million FMS award for Electric Boat
    Supports U.K. nuclear subs
  • Another RFA order for Wartsila
    New gensets for Fort Austin

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World Wide Shipperweb site
OCTOBER 23, 2003
  • Port of Vancouver, BC sees decline in cruise numbers
  • Port group calls for $400 million to meet new maritime security levels
  • Commerce Department predicts rise in international visitors
  • Corps' Reservior Control Center fights western Washington flooding
  • Navy modifies sub pact with Electric Boat

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Lloyd's Listweb site
OCTOBER 24, 2003
  • Russia rules out bilateral tanker talks with Brussels
    RUSSIA has curtly dismissed overtures from Brussels for "urgent" bilateral talks to ban single-hull tankers, while stressing its commitment to multilateral agreement through the International Maritime Organisation, writes Julian Bray.
  • O'Neil goes to war on EU's single-hull ban
    WILLIAM O'Neil has come out fighting over Europe's controversial new single-hull tanker ban, with a stinging attack on the European Union's actions.
  • European MEPs probe ship safety
    A POWERFUL committee to probe European maritime safety, with a sweeping remit from oil tankers to car carriers and enforcement, has been agreed by the European Parliament.
  • Police investigate Odra master riddle
    DETECTIVES from the Metropolitan Police Specialist Crime Directorate in London are investigating the circumstances surrounding the disappearance of the master of the Polish-owned, Bahamas-flagged bulk carrier Odra.
  • IOPC delegates resist Spain
    SPAIN met strong resistance from a number of delegations this week when it sought a payment on account from the International Oil Pollution Compensation Fund for Prestigeclaims.

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Fairplayweb site
OCTOBER 23, 2003
  • Port delays prompt UN aid crisis
    SUBSTANTIAL delays to aid shipments have forced the United Nations World Food Programme to halve the amount of essential food rations to over two million Angolans
  • Bengal Tiger pushes west
    BENGAL Tiger Lines, the Bay of Bengal-South India feeder operator, is to extend its operations to the country's west coast from mid-November
  • Have your say!
    THIS week's Fairplay Cover Story looks at the shift towards ship crews being held hostage for pollution. What's to be done? Have your say!
  • Teekay leaps in third quarter
    TEEKAY Shipping saw third quarter net income leap to $20.3M after charges related to the sale of five vessels, compared to $643,000 in the same period last year
  • Cruise Seattle takes on Vancouver
    THE end of this year's cruise season in the Pacific North-West has seen the US port of Seattle emerge from the shadow cast by its Canadian neighbour Vancouver
  • Political wrangle endangers project
    PLANS to build a container terminal at Subic freeport in the Philippines have been shaken by a dispute over where construction should take place
  • India calls for Karachi ferry
  • Nigerian smuggling: 15th detention
  • Singapore goes for early compliance
  • ChevronTexaco may rescue oil plan
  • Caribbean pax tax talks go on
  • Russia unfazed by EC tanker ban

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The Journal of Commerceweb site
OCTOBER 23, 2003
  • Loy named to Homeland Security
    The White House nominated James Loy, head of the embattled Transportation Security Administration, as the top deputy to Homeland Security Secretary Tom Ridge.
  • Canada port foremen talks hit snag
    Union accuses employers of reneging on terms of tentative pact.
  • Fuel costs burn Union Pacific net
    Third-quarter profit fell to $317 million from $437 million a year earlier as increased expenses ate into record freight revenues.
  • Carriers reaffirm opposition to Europe anti-trust repeal
  • British Airways in Euro air link with DHL
  • Profit tumbles at International Shipholding
  • Swiss, Polar reach freighter deal
  • KLM cargo earnings fall
  • Evergreen launches new Middle East service
  • Israel union sets Nov. 3 strike date
  • Feeder operators tap booming India region
  • Karachi boxes up 3 percent
  • Arbitrator to decide Kansas City Southern-TMM dispute
  • Lufthansa launches customer-direct services

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Containerisation Internationalweb site
OCTOBER 23, 2003
  • No evidence for rate instability says ELAA
    Opponents of the conference system have not produced a single piece of factual evidence to show that it does not induce rate stability liner shipping's representatives said today.
  • CP drops Contship brand and farms out husbandry
    Despite a market-leading position, the Contship Containerlines brand will be dropped from the ECNA/Australia-NZ route by parent CP Ships.
  • Indian East Coast feeder leader heads west
  • Halifax port stages container comeback
  • Launch of Rostock landbridge to give Baltic cargo a boost
  • EMC and Simatech launch Asia/Middle East service
  • Straddle accidents hamper Patrick's terminal operations
  • Terrorist attack on container industry an 'accident waiting to happen' says Rand report
  • Conference reduces discounts in S.Korea-Japan trade
  • Safmarine's office-opening strategy reaches the DR of Congo

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TradeWindsweb site
OCTOBER 23, 2003
  • New York threatens job of ferry captain
    Officials outraged by his silence after crash.
  • IMO slams EU tanker ban
    Outgoing chief Bill O'Neil "particularly disturbed" about unilateral action.
  • Tidewater confirms disappointing quarter
    Profits down on weakness in US Gulf and abroad.
  • Kirby profits trail revenues
    Barge rates didn't match higher costs of bigger fleet in third quarter.
  • ISC stumbles for quarter
    One-time loss dampens stronger nine-month showing.
  • LNG trouble hits Hoegh
    Results blown off course by gearbox and residue problems with the Galleon and Gandria.
  • TransCanada and WaveSpec jump into CNG
    Braemar Seascope consultants develop compressed natural gas system.
  • Christmas at home for Odfjell chief
    Bjorn Sjaastad's jail time deferred to New Year after court told wife seriously ill.
  • Teekay income rockets
    Massive fleet injection and hot rates boosts returns.
  • STX to stocklist
    Shipbuilder to be quoted on Korean Stock Exchange from Monday.
  • East Med tanker spills oil at Greek port
    Pipes become detached during unloading operations but lost oil contained.
  • Busan box port set for early return
    South Korea's largest container port could be restored to full operational status as early as March.
  • General Maritime goes from red to black
    More ships and stronger spot charter rates help to turn things around at major tanker player.
  • Stealth adds to single-skin fleet
    Harry Vafias has been linked with the acquisition of MOL's Kasagisan Maru.
  • SSA calls in Gurkhas to Umm Qasr
    US port operator beefs up security at Iraq's major deepwater port by bringing in private army.

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American Shipperweb site
OCTOBER 23, 2003
  • Raymond: Horizon Lines free to go international next year
  • Carriers allege European shippers' lack of evidence in EC conference review
  • U.S. court accepts Odfjell's plea bargaining in market-fixing case
  • CSX faces $108 million pre-tax cost to settle Sea-Land sale dispute
  • Safmarine opens offices in Congo
  • Evergreen, Simatech start joint Southeast Asia/Indian Subcontinent and Gulf service
  • Exceptional charges, rail problems trigger $103-million 3Q loss at CSX
  • CN's net income up 10%
  • C.H. Robinson posts double-digit earnings growth
  • Abidjan rail link to Burkina Faso resumed after civil war
  • Canadian National to acquire bulk carrier
  • Census issues advance notice for mandatory AES filing
  • Weber opens D.C., new transportation head office in California
  • Top Ridge aide resigns
  • NIT League names Gilanshah VP of finance and administration

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