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05 April 2020 The on-line newspaper devoted to the world of transports 03:42 GMT+2

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Shipping Timesweb site
OCTOBER 28, 2003
Shipping News
  • Kuok's M'sian carrier plans US$100m IPO
    MALAYSIAN Bulk Carriers Bhd, a shipping firm controlled by tycoon Robert Kuok, plans an initial public offering to raise about US$100 million to buy ships as freight rates surge, sources close to the deal said yesterday.
  • Kuehne & Nagel's Q3 profit surges 50% on Asia growth
    KUEHNE & Nagel International AG, the world's biggest sea-freight operator, said third-quarter profit rose by almost half as the company handled more goods from Asia.
  • Russian oil port reopens
    RUSSIA's main Black Sea oil export port of Novorossiisk has reopened following a closure of several days, but delays on big crude cargoes remained at nearly one week, shipping sources said.
  • Protest against nuclear waste
    MEMBERS of the environmental group Greenpeace demonstrating from a boat as police guard radioactive waste which was loaded onto the Fret Moselle nuclear transport freighter, early yesterday.
Air and Land Transport
  • DHL unveils US$200m China expansion plan
    COURIER giant DHL, owned by Germany's Deutsche Post, said yesterday that the company and Chinese partner Sinotrans would spend US$200 million over five years to boost their dominance of China's booming freight market.
  • Fires spark off US air traffic chaos
  • Australian Air adds plane, plans expansion
  • Virgin Atlantic considering buying B777s, A340s
  • TSA begins review to ensure daily inspections by airlines
  • Canada pondering future of El Al's Toronto flights
  • Port hopes to be focus of central African trade
    THE port of Pointe-Noire, coastal economic hub of the west African Republic of Congo, has ambitions to become the focus of all central African trade, but local inland transport difficulties are getting in the way.
Bulletin Board
  • Bulletin Board
    Qantas Airways chief executive officer and managing director GEOFF DIXON will deliver the 2nd Aviation Lecture of the Bangkok-based Asia Pacific Aviation Media Association on Thursday Oct 30 at the Raffles Hotel ballroom, Singapore.

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Sched Netweb site
OCTOBER 28, 2003
  • SITC joint ventures come into operation
  • Bridge project gets thumbs up
  • Taicang throughput record eclipsed
  • Indian railways showing long haul success
  • Weitou Port to become a regional transshipment centre
  • Safmarine opens offices in Democratic Republic of Congo
  • New US$40m facility opens at Tacoma
  • Air Hong Kong begins Singapore service
  • KLM sees Q2 profit as cargo strengthens
  • TIACA conference to be held in Johannesburg next year

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Exim Indiaweb site
OCTOBER 28, 2003
  • Fortunes rising as Asia trade smiles on CMA-CGM
  • MOL expands EC & WCSA services
  • Kalmar's innovative reach stackers breaking new records
  • ECU-Line's Casablanca service
  • NYK scores a first
  • APLL expands into Brunei
  • A. P. Moller upbeat on freight rates, volumes
  • U-Freight's employee of the year
  • Singapore port bans entry of ships without security certificates
  • Simatech Shipping commences new direct service to link Tuticorin to Colombo & Gulf
  • Workshop on coastal shipping from November 2
  • India holds 3-day talks with Bangladesh in move towards FTA
  • MoS seeks details of Major Ports' marketing initiatives
  • Commerce Ministry pitches for steps to expedite cargo clearance at JNP
  • PPT to invite expressions of interest for building 2 berths
  • Stage set for early completion of Mangalore-Hassan railway line
  • Noorul Hassan elected Chairman of transporters' body
  • CWC likely to lower warehousing tariff at ICD-Singanallur
  • Forex kitty up by an all-time high $ 2,615 million to cross $ 90-billion
  • 39 pc surge in import of sensitive items in April-July
  • Scope to expand export basket to US, says Pant
  • Exporters assured of steps to tackle rupee appreciation
  • Direct tax collections record 20 pc rise to touch Rs 36,733 cr.
  • Forex reserves rise to $ 91.315 bn
  • ONGC wants to enter shipping operations as JV partner
  • Next Exim Policy to address trade irritants, says DGFT
  • National dredging policy may be announced next month
  • Inflation moves down
  • Seminar on 'Emerging Challenges in Shipping' in December

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The Bunker Bulletinweb site
OCTOBER 27, 2003
  • Iraq: New name for major oil terminal
  • Argentina: Bominflot announces barge certification
  • New e-mail for JB Marine
  • The Baltic in brief
  • Istanbul suppliers announce new barge rates
  • No lasting delivery delays after Istanbul winds subside
  • Crude little changed, direction unclear
    Crude prices opened higher in London today, but following gains of around 20 cents this morning, later trading saw the price fall back to post moderate losses. Little has really changed in the crude market since Friday, and with no fundamental news, direction is unclear.
  • Great Belt: Distillate drops drum-up demand
  • Rotterdam little changed this morning

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International Transport Journalweb site
OCTOBER 27, 2003
  • Arkansas Best reports lower earnings
  • Port of Felixstowe on track with rail enhancements
  • Royal Jordanian launches freight flights to Germany
  • Incotec builds a refrigerated terminal
  • New Director Business Development for Transamerica in Central Europe

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The Scandinavian Shipping Gazetteweb site
OCTOBER 27, 2003
  • Spliethoff orders ro-ro vessels in Poland
  • DFDS closes Poland service after ship sale
  • YukosSibneft says business as usual after boss being jailed

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Marine Logweb site
OCTOBER 27, 2003
  • Van Dyck nominated as next INTERTANKO Chairman
    Will succeed Lars Carlsson
  • Canada announces new maritime security requirements
    Closer alignment with USCG rules
  • DNV signs ACP agreement with USCG
    First for non-U.S.-based classification society
  • Bush nominates Loy for DHS Deputy Secretary
    White House announcement

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World Wide Shipperweb site
OCTOBER 27, 2003
  • Port of Tacoma opens Marshal Avenue Auto Facility
  • National rail association opposes new railroad act
  • Portland Airport noise board sets meeting for tomorrow
  • Port of Portland taps firm to begin Terminal 4 cleanup process
  • CBP taps Keith Thomson as trade relations director

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Lloyd's Listweb site
OCTOBER 28, 2003
  • Gijonesa to battle France over Clemenceau
    SPANISH company Gijonesa de Desguaces yesterday prepared to resist attempts by the French government to confiscate the de-commissioned French Navy aircraft carrier, Clemenceau, which is at present off Sicily, under French control.
  • Polembros declares war on Pakistan
    Pakistan is facing the arrest of transportation assets as the aftermath of the Tasman Spirit spill in Karachi provides an increasing amount of food for the courts.
  • Wei says Australia's Gorgon gas deal with China faces hurdles
    AUSTRALIA still has a long way to go before it lands a firm deal to sell liquefied natural gas from western Australia's Gorgon field to China, the president and chief executive of Cosco, Captain Wei Jiafu, said in Sydney yesterday.
  • Van Dyck named as Intertanko chairman
    INTERTANKO has named Stephen Van Dyck as next chairman of the tanker owners' organisation, writes David Osler.

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Fairplayweb site
OCTOBER 27, 2003
  • Spain wins €58M Prestige advance
    THE Spanish government is set to receive an advanced payment of approximately €58M ($68M) from the International Oil Pollution Compensation Funds (IOPC) in order to 'fast-track' claims from the Prestige sinking
  • US docker slams Iraqi labour law
    West Coast docker union official, Clarence Thomas slams the US-controlled Coalition Provisional Authority for retaining the former regime's law banning unions
  • UK told to improve transport links
    The UK government has been given a stern warning by the Confederation of British Industry, that its failure to improve the transport system is "tarnishing" the UK
  • Car builders switch ports
    JAPANESE car manufacturer Mazda has returned to Rotterdam Car Terminal (RCT) after a decade-long absence and will export 40,000 cars annually to the UK
  • Transmanche orders newbuilding
    FRENCH ferry operator Transmanche Ferries has revealed plans to order a newbuilding ferry for its Dieppe-Newhaven service as a major client goes into receivership
  • More congestion charges for Aqaba
    FROM today a $450 and $950 surcharge will be placed on each 20-ft and 40-ft container going through Aqaba to the dismay of the Jordanian government
  • Vopak sells chemical tanker arm
  • Transneft ups Promorsk oil capacity
  • Singapore yards seek local talent
  • UK imports first LNG in 20 years
  • PSA keeps silent on Aden pull out
  • Gamblers on casino ship sentenced
  • France scraps demolition deal

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The Journal of Commerceweb site
OCTOBER 27, 2003
  • Wildfires choke So. Cal. intermodal
    Union Pacific, BNSF advising shippers of delays as wildfires rage from Los Angeles to San Diego.
  • DHL sets $200M China expansion
    Deutsche Post unit partners with Sinotrans to stake claim in growing market.
  • Chassis safety bill filed in Senate
    New legislation puts responsibility on owners for intermodal equipment maintenance.
  • French official urges cooperation on cargo security
  • USSEC holds on bunker charge
  • CSX exec tabbed as Treasury counsel
  • London Heathrow faces cargo strike
  • British transport system at "breaking point": Report
  • TPG loss in Q3
  • Cargo 2000 appoints Moehle as program director
  • Malaysia air hub targets regional role
  • DHL Danzas offers India-Europe LCL
  • G-Log to power Volvo logistics
  • Arzoon allies for grocery supply chain

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Containerisation Internationalweb site
OCTOBER 27, 2003
  • UBS Warburg: 'two-tier market' and spectre of consolidation emerging from ordering spree
    A failure to order megaships will bring some major lines under pressure to consolidate as their market share diminishes in the coming years according to investment bank UBS Warburg.
  • Reefer advance lures fruit giant Seabrex to Maasvlakte
    Fruit-shipping giant Seabrex is considering moving from its Rotterdam terminal Merwehaven to the Maasvlakte, citing a rising reefer trade and the need to use space more efficiently.
  • Hong Kong and Shanghai ports agree to co-operate
  • More S.Korean Free Economic Zones further boost hub dream
  • DHL Danzas Lemuir launches India-Europe LCL service
  • CMHI investing in south China region
  • CN investing C$24.2million in Halifax-Montreal track
  • Multimodal strike force assembles to scrutinise containers entering LA
  • Conflicts lurk in new US Coast Guard rules
  • Electronic Export declarations to become mandatory
  • ESA restoration an 'adjustment'
  • Bosch Trading Shanghai outsources logistics

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TradeWindsweb site
OCTOBER 27, 2003
  • RCCL anticipates soft fourth quarter
    Royal Caribbean Cruises holds to 2003 forecast, despite income falls.
  • Torm in $60m Norden paper gain
    Failed takeover to net Danish operator tidy sum while a new bid is not ruled out.
  • Tankers stay positive for Fortum
    Finnish energy giant's ships still making profit, although rates dropped off in third quarter.
  • GSI moves forward
    Chinese shipbuilder puts costly 2002 behind it with profitable nine-month figures.
  • Trogir wins Libyan repair work
    Croatian yard to work on two GNMT ships, with hint of newbuilding orders to come.
  • Tsuneishi details expansion plans
    Japanese shipbuilder to pump $37m into Philippines subsidiary by September.
  • Vopak seals deal on tanker sales
    New owner John T Essberger to continue the business in present form.
  • NSCSA income soars
    Fleet growth and buoyant market boosts returns for Saudi tanker giant.
  • Star's $1bn Shanghai cruise city
    Cruise line in talks with Chinese city officials on developing new terminal.
  • STX shares climb on opening
    Bullish sales talk makes for gains on first day of trading for Korean yard.
  • Hyundai Heavy almost triples orders
    First nine months sees slew of ships clinched by Korean giant.
  • Ex-Gdynia bosses arrested
    Janusz Szlanta plus two former directors of Poland's biggest shipyard face fraud charges.
  • Malaysian Merchant set for fleet growth
    Malaysian tanker, tramp and ro-ro operator sets up companies with view to acquiring tonnage.

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American Shipperweb site
OCTOBER 27, 2003
  • Maersk Contractors takes delivery of drilling rig
  • Europe/East Coast South America lines to extend southbound rates
  • Contship pulls out of U.S. East Coast/Oceania trade
  • Maersk Sealand adds U.S. Gulf/Progreso service
  • Polar Air takes advantage of Hong Kong operating freedom
  • FedEx builds headquarters in Shanghai
  • LanChile ammunition incident still under investigation
  • McCaffrey named closing keynote speaker at Intermodal Expo
  • U.S. Customs appoints Thomson trade relations director
  • Quality Distribution picks Horizon Services for software

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