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| NOVEMBER 24, 2003 |
Shipping News
- Busan back in full swing by April
SOUTH Korea's Busan Port will be fully operational before April 2004, as quay cranes damaged by a typhoon are repaired or replaced by new equipment built for other ports and temporarily diverted, a city official has pledged.
- Crew training bodies could gain from closer ties
RESOURCE-stretched seafarer training institutions in the world's key crew supply countries would benefit from closer collaboration with established schools including those in Singapore and the United Kingdom, a leading researcher has suggested.
- EU turns down plans to boost port services competition
EUROPEAN Union lawmakers rejected plans to increase port-services competition, bowing to labour-union concerns about job losses.
- China starts work on shipbuilding centre
CONSTRUCTION of what is planned to be the world's largest shipbuilding centre has begun on Changxing Island, Shanghai.
Air and Land Transport
- US cargo security measures go into effect in 2 weeks
ADVANCE shipment details must be sent electronically to authorities before the goods arrive in or leave the US, according to new cargo security rules announced by the US government.
- Boeing may continue layoffs into 2004
- Vietnam Airlines begins direct flights to Busan
- Polish low-cost airline takes off next month
- Log Book
Liner Scene
- P&O Nedlloyd continues focus on high-value cargo, cost savings
THE confident mood of the big lines continues, as much better results come in for the third quarter of this year.
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| NOVEMBER 24, 2003 |
- NYK to open branches in Guangzhou, Dalian
- XICT throughput surpasses two million TEU
- US Customs and Border protection announces cargo security rules
- NYNJ to receive cash infusion for dredging projects
- ABF lauded for sales environment by magazine
- Exel to distribute hair care products for Schwarzkopf in Australia
- Con-Way Logistics lands Peterson Pacific contract
- Lufthansa trims board functions
- Continental ups direct Hong Kong-NY service
- Fitch downgrades Delta's debt rating
- Emirates to fly to new destinations
- Campbell to leave American
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| NOVEMBER 24, 2003 |
- Eurasia Int’l awarded IRQS’ ISO 9001:2000 certification
- "K" Line’s m.v. Katsina makes maiden call at Tuticorin Port
- Schenker India to invest $ 400,000 on IT upgradation
- Shipping Ministry trying to expedite projects under Sagar Mala
- CMA-CGM, Lloyd Triestino form JV to launch new service linking China & Black Sea - Colombo call to benefit Indian trade
- Bengal Tiger Line drops anchor in the West - All set to commence scheduled weekly service
- JNP awarded prestigious ISO 9001:2000 certification
- Sea King-led consortium submits plan for Navi Mumbai SEZ
- Govt clears futures trading in wheat, rice
- States told to offer incentives to make EOUs, SEZs vibrant
- Indian laws are TRIPS-compliant, insists govt official
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| NOVEMBER 21, 2003 |
- Bunker alerts: Present solutions, not problems
In an interview with Bunkerworld, John Dixon, managing director of Lintec Testing Services, explains in more detail why his company has levelled such sharp criticism against its competitor's use of so-called 'bunker alerts', which he thinks are being used as a promotional tool and often cause needless alarm for bunker buyers.
- African round-trip
- Russia moves toward EU-stance on single-hulls
- Bominflot staff changes
- Lanka Marine Services issues gas oil tender
- St. Petersburg offers mixed avails and delivery dates.
- Chemoil set to enter Sri Lanka market through alliance
The joint venture, called Lanka Bunker Services (Pvt) Ltd., aims to provide ships visiting the Colombo Port with a type of oil previously unavailable in Sri Lanka.
- Singapore aims to boost oil trading sector and remain top hub
- Rotterdam steady-ish, prompt product & barges tight
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| NOVEMBER 21, 2003 |
- UPS names top executives and announces two retirements
- "K" Line opens branches in Italy and Belgium
- Lufthansa Cargo to lower rates
- Tchibo extends logistics capacity
- Port Services Directive failed
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| NOVEMBER 21, 2003 |
- Boeing names working teams for 7E7 Dreamliner construction
- CERB funds paving way for Spokane Airport upgrades
- UAL Corp. reports gains in monthly bankruptcy filing
- New timeline rules set for submission of manifest info
- Radix files 10Q report with Securities and Exchange Commission
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| NOVEMBER 24, 2003 |
- Experts disagree over Bosporus terror threat
LLOYD’S does not expect to suffer a significant financial loss from last Thursday’s twin bomb attacks in Istanbul, writes Rob McKay.
- Glencore wins payout over Metro collapse
A HIGH Court judge in London has rejected an attempt by insurers to avoid paying a claim of about $200m by commodities trading firm Glencore International for oil that went missing following the collapse of oil storage giant Metro Group in 1998.
- Royal Navy nabs Noora 1 in fight against oil smuggling
BRITAIN’S Royal Navy has arrested another vessel on suspicion of smuggling oil out of Iraq.
- SSA Marine turns 130 ships at Umm Qasr in six months
DURING its first six months in charge of Umm Qasr, SSA Marine has handled 130 ships carrying more than 500,000 tonnes, writes David Osler.
- Call to halt new French pollution law
FRENCH shipowners have appealed to members of parliament to block government plans to allow ships to be seized and companies shut down under proposed tougher penalties for causing pollution at sea.
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| NOVEMBER 21, 2003 |
- Captain arrested in drug bust
THE captain of a small bulker is now in a jail in Vilagarcia, in the Spanish province of Galicia, in connection with an investigation into a major drug-smuggling operation
- Unions question Tirrenia appointment
ITALIAN unions have expressed concern that favourable press reports influenced the appointment of Roberto Tana as Tirrenia di Navigazione's president
- Filipino carriers defend costs
DOMESTIC owners and operators in the Philippines have insisted that relaxing the cabotage rules may not guarantee lower shipping costs in the country
- Emeraude goes to Sogestran
BANKRUPT French ferry operator Emeraude Lines, which runs between France and the Channel Islands, has been acquired by CFT-Sogestran
- Court says Briese contract is legal
HAMBURG'S High Court decided today that the awarding of a management contract for three research vessels and a newbuilding to Briese Schiffahrts is legal
- Hylton Clarke
HYLTON Clarke, managing director of Jamaican ship agent Maritime & Transport Services, passed away last week. He is to be replaced by his son
- Damen restructures repairers
- Crane dispute goes to arbitration
- Med minors take on three majors
- China to diversify oil imports
- Neptune Orient sells non-core stake
- Russo-Ukraine cruise line formed
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| NOVEMBER 21, 2003 |
- Agreement on free trade framework
Compromise deal sets guidelines for creating the largest trading bloc in the world.
- Industry opposes port-security fees
But American ports tell House hearing that they favor allocation of Customs duties for security improvements.
- Air cargo industry faces tough rules
Executives say new security directives put a heavy burden on carriers.
- Evergreen settles with state over oil spill
- UPS announces rate increases
- Cargo soars through Chinese ports
- Inspection yields $6 million bounty in truck
- TORM maintains 2003 profit outlook
- Pacer completes senior credit repricing
- Canadian National names Creel to head eastern region
- Final security rules issued for cargo reporting
- U.S. launches 'smart box' testing
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| NOVEMBER 21, 2003 |
- Brussels: no clear evidence yet that conferences are good or bad for shippers
The European Commission’s review of Regulation 4056/86, the thorny piece of legislation that allows conferences to fix prices, appears to be floundering through lack of hard evidence.
- Maintenance dispute hits Australian terminals
A dispute between union members and a new maintenance contractor at Patrick’s Port Botany and Brisbane terminals has led carriers to consider rescheduling services.
- US Customs releases advanced manifest timings
- FMC proposes changes to NVOCC agreement regulations
- Indian soya exporters to shift from bulk to containers
- Indian shippers demand lines do not operate new terminal
- Ports directive vote breakdown
- JAHOSAS and S.Korean rail freight rates to rise
- Textainer opens Indian office for US manifest filing
- Marseille container traffic increases
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| NOVEMBER 21, 2003 |
- OMI wins 7.625% coupon
Owner increases offering to $200m after initial issue significantly oversubscribed.
- Stena announces $150m offering
Moody’s assigns issue Ba3 rating.
- Iraq oil exports on the rise
Seventeen tankers sail from Mina al-Bakr in first three weeks of November.
- Torm prepares for bulker boom
Danish owner extricates itself from rate hedging agreements that limited profits in first three quarters.
- Poland to form holding company for yard interests
Polish Shipyard Corporation will aim to consolidate embattled industry and produce cost savings.
- Sale and purchase holds key at UK broker
Braemar Seascope posts lower interim profit, but has deals in the bag to boost second-half figures.
- Smaller Japanese owners on the up
Profits up or losses reduced at Inui, Meiji and Tamai.
- Sogestran takes control at Emeraude Lines
French river-ship operator buys bankrupt Channel ferry owner.
- Losses widen at Sasebo
First-half revenues soar at Japanese shipbuilder, but profit proves elusive.
- Mixed start to SSA Iraq stint
Ports improving, but security deteriorating as US port operator details first six months in Umm Qasr.
- Anek builds earnings
Greek ferry operator’s nine-month numbers all up on last year.
- Mexico signs up for short sea initiative
Country teams up with Canada and US to investigate opportunities to move cargo from roads to sea.
- Profits jump at Jaya
Singapore shipping and shipyard group makes stellar start to financial year thanks to offshore.
- Farstad inks ship disposal
Norwegian offshore shipowner to book profit on the sale of veteran platform supply vessel.
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| NOVEMBER 23, 2003 |
- U.S. unveils security requirements for pre-filing shipping data
- Senator switches partners on Europe/South America route
- Carriers switch to new port in Dominican Republic
- FMC to propose rules for filing ocean carrier, terminal pacts
- Himber named MISNA president
- Inland waterways group praises Congress for Energy bill's passage
- GSA revises standard government bill of lading
- Kuehne & Nagel acquires logistics business in Germany
- FDA to process 25,000 food import prior notices daily
- Schenker names Murmann president and CEO
- Coca-Cola picks Exel for promotional project in Mexico
- Xiamen terminal handles 2 millionth container
- Carriers, shippers say no to Congress on proposed port user fee
- SSA Marine outlines progress at Umm Qasr
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