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| JUNE 27, 2003 |
Shipping News
- Peak season looks good for box trade
SURGING container volumes on the Asia-Europe and transpacific trade lanes are positioning the industry for a much needed recovery, as lines race to add capacity.
- Seized ship illegally registered: Greece
A ship laden with explosives that was seized by Greece at the weekend was illegally registered, Greek officials said on Wednesday, as the vessel's seven-man crew was remanded in custody.
- Carnival profit takes hit from war
CARNIVAL Corp, the world's biggest cruise group, on Wednesday reported a smaller quarterly profit and said earnings for the rest of the year would be lower than analysts expected due to weak bookings during the war in Iraq.
- H1 business on expected lines: P&O
PENINSULAR & Oriental Steam Navigation Co, the UK's No 1 shipper, said business in the first half was in line with the company's forecasts.
- Vessel in distress
FREIGHTER Able 1 from Panama seen listing by 40 degrees 150 nautical miles southeast of the Horn of Africa on Wednesday.
Air and Land Transport
- Asian airlines see recovery in passenger numbers
ASIAN airlines have started to see post-Sars signs of recovery as they reported significant jumps in the number of passengers carried daily and increased flight capacities.
- European airlines suffer 5.2% fall in May traffic
- New Saudi airline planned
- US pilots get award for landing unflyable plane
- High-fliers go for low-key decor
- Star in the sky
Admiralty Casebook
- Aussie safety body needs powers to measure ship crews' alcohol levels
THE Australian Maritime Safety Authority should seek new laws from the federal government to give itself the power to measure blood alcohol levels of ships' crews using breath analysis equipment, according to a recent report.
Port Shots
- Port shots
A new shipping line between south China's Xiamen port and the Mediterranean opened last weekend.
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| JUNE 27, 2003 |
- FedEx sees earnings, package volume jump
- Exel-Sinotrans moves
- Menlo opens sixth US border facility
- IMO cracks whip on NGOs
- TSC backs Rate Explorer to support business growth
- Singapore, Jordan seek free trade agreement
- Lion City port panel praise Nigerian ports
- Famous Pacific launches new groupage service
- Hapag-Lloyd to launch new intra-European service
- DHL, Sydney Airport to develop new airfreight hub
- Swiss to cut 3,000 jobs, ground 34 aircraft
- Alitalia begins flying to Calcutta
- Garuda and Malaysian agree to single ticket deal
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| JUNE 27, 2003 |
- SCI earns net profit of Rs 274.78 cr.
- MSC to call at Mundra box terminal with dedicated weekly service - MSC Camille’s call in mid-July to mark beginning of new era
- New structure for epic service announced
- Hello! Chinese to source telecom software from India!
- 40,000 t. wheat to be exported to Kenya
- Indian mangoes to tickle Chinese palates
- Methanol makers cut prices by 15-20 pc as imports flood market
- Cochin Port users demand removal of curbs on ICD shipments
- Emirates SkyCargo launches 4 freighter routes
- Abrupt hike in air baggage rates wallops courier industry
- Directorate Rail Movement may be overhauled to streamline bulk freight transportation
- Rail Coach Factory makes first refrigerated van
- Kalmar secures truck maintenance division of Condane at Arhus Harbour
- Customs to bring out unified rules for units in SEZs next month
- Policy on payment of royalties under foreign tech tie-up eased
- Excise duty on STBs waived, BCD on 3 components cut
- SAD on hearing aid components removed
- Govt may fancy leasing route for Mumbai, Delhi airports
- Foreign Trade Analysis: Current Policy & Procedures
- CII team to visit UK from June 30
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| JUNE 26, 2003 |
- West Coast no exception to firming trend
- East Coast firm due to tight near-term
- Gulf Coast replenishment unlikely to ease prices near-term
- Montreal suppliers hesitant in following firmer markets
- ARA region: Rocketing prices & operational problems mute demand
- Regional fuel oil tightness may ease after heavy Chinese imports
Strong Chinese demand for fuel oil in June has contributed to a regional tightness for high sulphur fuel oil. Whether or not Chinese imports are set to continue soaking up much of the region's available barrels is therefore a point of interest for the bunker market.
- UAE: Local supplier clarifies bunkering situation at Kalba
Local bunker supplier at the Kalba Anchorage, Oil Marketing And Trading, today sent its costumers a circular to clarify any confusion that may have arisen about the legality of lifting bunkers at this United Arab Emirates anchorage. You can read it in full here.
- Two sides to every Japanese bunker story
Old ghosts return to haunt Japan - but is an exorcism at hand? | In Full |
- Singapore price rise on its last legs?
After a month of rising fuel oil prices and tighter fundamentals due to bumper Chinese imports, the Singapore bunker market may now be at its short-term peak. Although avails are tight now and going into July, the situation could ease later this month if, as some believe, Chinese imports slow down.
- Rotterdam sharply higher
- Fuel shortages strike another Italian port
- Maritime organisations express concern about EU tanker proposals
The Round Table of international maritime associations comments on EU proposals to amend Annex I of MARPOL 73/78, regarding the accelerated phasing out of single-hull tankers, the Condition Assessment Scheme and the ban on transporting heavy grades of oil in single- hulled tankers.
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| JUNE 26, 2003 |
- Senator Lines Regional-Office Asia under new leadership
- Privatisation at the Port of Beirut
- ISPS to cost 10 euros per teu
- Emirates SkyCargo launches four freighter routes
- Spoornet asked to work around the clock
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| JUNE 26, 2003 |
- Panic when "Moscow" came adrift
- Mäntyluoto Works notice about lay off
- Rasmussen loses Torm share claim in court
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| JUNE 26, 2003 |
- Austal USA wins vehicle/passenger ferry contract
Austal USA has secured its largest order to date for the construction of a 58 metre vehicle-passenger ferry
- Round Table calls for action on Places of Refuge
July 1, 2003 EU deadline is approaching
- Stolt Nielsen executive faces antitrust charges
Price fixing and bid rigging alleged
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| JUNE 26, 2003 |
- Third Runway for Sea-Tac Airport now pencils in at over $1 billion
- Rail freight traffic holds steady during week ending June 14
- Portland Airport invites public to sample 'Pack-A-Picnic' promotion
- Crowley Maritime wins NAVSEA pact for engineering and salvage services
- Oregon DOT awards grant to upgrade Portland's Union Station
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| JUNE 27, 2003 |
- Blair and Putin sign up to gas pipeline co-operation
RUSSIAN and British oil ministers have signed a memorandum of co-operation on a new subsea gas pipeline which will bring more opportunities for offshore pipe installation contractors hungry for work.
- Special status for Baltic is blocked by Russia
RUSSIA’S veto has blocked a decision to award the Baltic Sea the status of a Particularly Sensitive Sea Area, effectively quashing a bid to ban single-hull tankers in the region immediately.
- Growing container volumes help P&O offset $8.3m pension charge
P&O will take a £5m ($8.3m) charge to cover pension-fund deficit, but still expects its first half to be in line with its forecasts, the company said yesterday.
- Naval exercises to lift Panama security
THE US will hold naval exercises with Panama and Chile in July and August to improve security in and around the Panama Canal, the first such attempt to combat possible terrorist threats to the Atlantic-Pacific link that is one of the world’s busiest shipping routes, Bloomberg reports.
- Utkilens in system deal with Telenor
CHEMICAL tanker operator Anders Utkilens has contracted to install a Very Small Aperture Terminal communications solution provided by Norway’s Telenor.
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| JUNE 26, 2003 |
- Roadmap to maritime prosperity
- ACLN fraud case moving ahead
- EU refuge date slipping away
- Japan seeks shipbuilding third
- Knightsbridge faces tough decisions
- OOCL denies 9,600-TEU talks
- Carnival expects turbulence
- Dutch yard buys another
- USWC marine terminals to collude
- Hopes fade for missing Abel I crew
- Visag strike over private terminal
- Class needs an overhaul, says ABS
- Panama Canal seeks earlier warning
- Volgotanker tightens control
- PSA in wage restructure talks
- Ferry operators now fully liable
- Unlit navaid blamed for sinking
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| JUNE 26, 2003 |
- Calif. ports brace for truck-idling law
Industry watches, waits as container terminals implement trucker appointments, extended gate hours in bid to avoid fines.
- Box boom for P&O ports, shipping
The British transport and logistics group said container traffic at its global port network is up by more than 20 percent over the previous year and its container shipping operations are performing ahead of expectations.
- EU extends shipyard aid as South Korea blocks WTO probe
- Swiss WorldCargo speeds plans for partners
- FMC wants more info on Indamex change
- Fedex expands Hong Kong logistics
- Deringer opens 3PL unit
- Stonepath spree nets Miami broker
- Virgin Cargo fires cargo VP Ryan
- DHL Danzas strengthens network in Turkey
- BDP certified for C-TPAT
- Commerce committee to consider Marad bill
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| JUNE 26, 2003 |
- Alliance switch boosts Rotterdam at Hamburg’s expense
The New World Alliance (NWA) has started to move its westbound Asian export traffic destined for Scandinavia and the Baltic from Hamburg to Rotterdam.
- CMA CGM and CSCL seal US/Mediterranean service deal
French operator CMA CGM and its partner China Shipping Container Lines (CSCL) will deploy their own vessels in a new West Mediterranean to US East Coast service in the autumn.
- Asian cargo exceeds European freight for the first time in NY&NJ
- Itajai dockers accept 20% pay deal
- Korea/China cargo volumes to grow 20% a year
- Indian Government office to levy port service tax
- Bourne to lead: MOL promotes European to top job
- La Spezia and Colombo join CSI
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| JUNE 26, 2003 |
- Stolt dealt another blow
Chemical giant, three competitors lose bid to arbitrate price-fixing charges.
- Petrobras faces tax nuisance
Brazilian state officials close to applying 18% levy on crude exports.
- Moody's smiles on Teekay
Credit agency withdraws concerns about Navion deal, confirms all ratings.
- Shipping on Myanmar-links blacklist
Carnival and Sea Containers among those singled out.
- EU called to act on Places of Refuge
Maritime organisations point to 1 July deadline for member states.
- WTO passes up EU panel request
European Union to press case again next month on Korean pricing.
- ShipServ fast forwards
Online supplies dotcom links with agency group in logistics service.
- Novoship clarifies on Moscow stoppage
Russian owner says media reports were "exaggerated" and "groundless."
- P&O holds fast to forecast
UK ports and ferries group says ports container volumes growing.
- Bruce is back
Doyen of collapsed cruise lines Bruce Nierenberg is back. This time at Delta Queen Steamboat Co.
- Japan builders keep piling on the orders
Yards have started new fiscal year as they ended the last one, with a continued strong order intake.
- Nine rescued from ship off Somalia
Six still missing as US Navy participates in second Indian Ocean rescue effort in as many days.
- Hapag-Lloyd boosts European routes
German firm links up with Lloyd Triestino to launch new north Europe to Mediterranean service.
- Austal inks US ro-pax first
Australian builder secures first newbuilding contract in US for a vehicle-passenger fast ferry.
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| JUNE 26, 2003 |
- House committee probes foreign charterers’ impact on U.S. dredging
- Senate Commerce recommends $3.1 million per ship in MSP
- Air cargo security measures move through House
- Railroads, truckers come together on truck sizes
- CaroTrans returns to Caribbean, Central American markets
- USDA allows irradiation treatment for Hawaiian sweet potatoes
- USDA changes meat and poultry export/import inspection fees
- U.S. produce, meat shippers worry about mandatory origin labeling
- Sri Lanka Joins CSI
- House committee approves $7.1 billion Coast Guard authorization
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