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| DECEMBER 24, 2003 |
Shipping News
- S'pore closely monitoring port in light of higher terror alert
SINGAPORE's security agencies are closely monitoring local port operations in the wake of heightened terrorism warnings from the United States, but shipping traffic remains unaffected so far.
- London's Swire buys Indotrans liner business
CHINA Navigation Co Ltd, the deep-sea ship owning and liner trades operating arm of John Swire & Sons, is acquiring from German ship owner and builder Oldendorff its liner business, Indotrans Services.
- Grand Alliance to drop seasonal service
THE Grand Alliance will withdraw its seasonal transpacific Far East Express service by end January as the slack winter season continues, following the suspension of its Asia-US East Coast service last month.
- Austal inks A$300m contracts
AUSTRALIAN shipbuilder Austal said it had signed contracts for a A$300 million deal to build 12 navy boats for the Australian government.
Air and Land Transport
- Airbus meets goal of 300 plane deliveries
AIRBUS SAS delivered its 300th aircraft for 2003 and plans 'a few more' deliveries before Dec 31, meaning the company will beat its target for the year and overtake Boeing Co as the world's biggest planemaker, chief executive Noel Forgeard said.
- Thai Airways sees buoyant 2004 after Sars
- Korean Air, Boeing finalise US$1.5b deal
- NY officials want more air security cover against terror
- Air Canada reconfirms selection of Trinity
- Vietnam to build int'l airport at ex-US base
Strait Talk
- Let's bring back 'passengers' for the sake of safety
I SPENT several months in the late seventies sailing as a 'passenger' on mini-bulkers, of about 3,000 deadweight tonnes around the North European coast.
Port Shots
- Port Shots
COMPETITION regulators at the European Commission approved a German government scheme to support loans for shipyards that pegs cost to risk, the Commission announced.
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| DECEMBER 24, 2003 |
- P&O picks Philip Green as CEO
- Logistics-net in Dalian now working
- Jiaxin Railway starts operations
- Fuzhou to develop more berths
- Auckland loses out in bid for new Asia express service
- Grand Alliance to suspend FEX service for six weeks
- ABX Air to issue shares
- Air Canada splits 90 aircraft order between Bombardier and Embraer
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| DECEMBER 24, 2003 |
- Exports from SEZs grow by 29 pc in H1
- Auto parts’ export may cross $ 1 bn in 2003-04
- EEPC participates in manufacturing expo
- India 19th largest supplier to US market
- Uptrend in oilmeal exports
- Kandla Port announces higher draught in channel
- 1st export shipment in reefer container effected at MICT
- Kerala invites EoIs for developing container transhipment hub at Vizhinjam
- XPS Express chooses Chennai as Colombo business hub
- Blue Dart, Lankan airlines sign deal
- Bangalore air cargo complex comes under accelerated clearance plan
- Flyjac Convention focuses on challenges facing logistics sector
- CONCOR’s Dronagiri (DRT) CFS commences operations - Prominent consolidators move in
- Indian CEOs upbeat about growth exceeding 10 pc in 2003-04: CII study
- MSRDC invites bids from pvt. players to develop Mumbai-Pune expressway & NH4
- India, Lanka plan to enter economic partnership deal
- J&K handicrafts expo under way in city
- WISA issues circular on web guide for Customs rules
- IMC to hold its OGM today
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| DECEMBER 23, 2003 |
- Crude and cargo push Fujairah numbers down
- Tramp Oil to take over in Falmouth
Tramp Oil & Marine Ltd. has announced that it will commence a physical bunker supply operation in Falmouth, UK starting early in the New Year. The company plans to offer fuel oil, gas oil and MDO as well as marine lubricants.
- Taiwan and Hong Kong feel the European cold
- Uruguay market update & holiday notice
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| DECEMBER 23, 2003 |
- Norfolk Southern launches new tracking solution
- Historic Australian national rail agreement
- Trondheim University Hospital relies on Swisslog automation technology
- Channel Tunnel railfreight rates to rise by up to 30%
- Manchester Airports Group: Green light for growth
- Grand Alliance: Winter Withdrawal of Pacific SW Service
- Hellmann: Karl Engelhard turns 60
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| DECEMBER 23, 2003 |
- US wheat exports up 34%
- FEFC April rate rise at least US$150 per TEU
- Insurance disclosure worries
- UK detains 10 ships in November
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| DECEMBER 24, 2003 |
- Container ports to be a global shield in anti-terror initiative
Major container ports will be the front line in a global shield to protect the US from a nuclear "dirty bomb".
- Hutchison Whampoa tightens grip on Rotterdam container handling
HONG Kong’s Hutchison Whampoa has boosted its significant container handling presence at Rotterdam by acquiring Hanno, one of the last remaining independent terminals at the European box hub, writes Helen Hill.
- Shipping records smashed in 2003
A RECORD amount of cash has poured into the pockets of tanker and dry bulk owners this year, providing them with extensive investment options in 2004.
- Key Indicators
HONG Kong’s Hutchison Whampoa has boosted its significant container handling presence at Rotterdam by acquiring Hanno, one of the last remaining independent terminals at the European box hub, writes Helen Hill.
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| DECEMBER 23, 2003 |
- Philippines ferry survivors rescued
TWENTY-five passengers and crew of the ferry Piary, which sank in stormy seas off the western Philippines island of Palawan on Sunday, were rescued today
- Irish eager for EU presidency
IRELAND is planning to focus on developments in the European short-sea shipping network during its six-month presidency of the European Union
- Confusion over Greek ferry move
GREECE’S 10-year grace period from applying the EU cabotage law on ferry services expires next week
- Bonyad to add 14 further vessels
IRAN’S private sector operator Bonyad Shipping Co, which currently manages a fleet of 18 bulk and general cargo vessels, is to acquire 14 new and second-hand vessels
- Year of decisions for UK box sector
2004 will be a year of crucial decisions for the UK's deep-sea and short-sea feeder terminals as congestion becomes more apparent at the main box hubs
- Bulker detained for tank cleaning
A bulk carrier has been ordered to the French port of Brest for further investigation on suspicions that it was illegally cleaning its tanks off the French Atlantic coast
- IRISL, Eurogate bid for concession
- Japanese builders look for profits
- Clydeport boosts Peel's first half
- Athens backs Royal Olympia efforts
- Answer in the wind for Barrow
- Santa Fe expansion wins funding
- Royal Olympia sailing cancelled
- US prepares for major Iraq sealift
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| DECEMBER 23, 2003 |
- Asia driving U.S. port box gains
Despite slow start to year in Southern California, strengthening volumes in eastbound trades helping some West and East Coast ports eye record container traffic in 2003.
- Indonesia breaks ground on new hub
Western port could eventually overtake Tanjung Priok as country's largest and busiest.
- Tacoma moves 1 millionth Mazda
Shipment marks milestone for Pacific Northwest port, automaker.
- FedEx Freight East promotes Miller
- Lufthansa Cargo taps Gemkow for board
- Postal Service offers more early retirements
- Northwest Airlines offers online manifesting
- Lowe’s names new supply chain director
- New York PA donates piers for Brooklyn park
- Concert Group Logistics to open Dallas office
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| DECEMBER 23, 2003 |
- Adelaide to lose North American direct export link
Adelaide looks likely to lose its North American direct export link, with the ANZ/WCNA vessel-sharing agreement (VSA) begun earlier this year believed about to be withdrawn.
- Marine SWAT team commissioned in San Francisco
- TSK Line to add Shanghai
- FEFC sets ‘minimum’ April 1 rate rise, to keep 2004 plan on track
- Vizhinjam box-transhipment hub pushed after Vallarpadam fizzles
- More locomotives for Swiss Rail Cargo Italy
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| DECEMBER 23, 2003 |
- Scandlines chief commits suicide
Head of probe-hit ferry operator leaps to his death from Oresund bridge.
- IMC sells Tampa terminal
Kinder Morgan takes over, but IMC retains long-term use.
- CSFB optimistic about Carnival
Investment bank raises 12-month target.
- Novoship in talks to sell Sevastopolya
Company denies controversial aframax headed for scrap.
- D/S Orion to sell ships
Danish owner plans to dispose of specialist wind turbine erection vessels.
- Star Reefers adds to fleet
Deal to buy two ship company will bring $10m charter saving.
- US LNG terminal boom gathers pace
Sempra and Shell team up, while Poten files with FERC.
- Female lawyers in sex bias victory
Maritime solicitors Sian Fellows (left) and Sian Heard may get record $12m payout.
- TEN confirms VLCC buy
President and CEO Nikolas Tsakos says vessel will trade spot for starters.
- Daewoo income falls
Strong Korean won and high materials prices hit yard's returns despite boom in orders.
- Cosco Corp directors set to cash in
Exercised share options give Singapore executives tidy paper profits in time for Christmas.
- Man lost overboard from MOL PCC
A crewman is missing feared dead after falling from Cougar Ace off US eastern seaboard.
- Thoresen confirms second Dauelsberg buy
Expanding Thai dry cargo player acquires second multi-purpose ship from German owner.
- ConocoPhillips inks US LNG terminal tie-up
US energy group to acquire 1bn cubic feet capacity and 50% stake in Texas terminal's management.
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