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Shipping News

UK erred in letting yard scrap US toxic ships: court
ENVIRONMENTAL campaigners Friends of the Earth won a High Court ruling that the Environment Agency was wrong to grant Able UK Ltd permission to dismantle toxin-laden US naval ships.
NOL welcomes new US-China maritime pact
NEPTUNE Orient Lines has hailed the new landmark agreement liberalising maritime trade between the United States and China, saying it will enhance growth in the already-surging transpacific trade.
PTP faces competition from new regional ports
MALAYSIA's Port of Tanjung Pelepas faces future competition from other new ports in Southeast Asia, and direct shipping through China, according to its chief.
Busan's Hutchison terminals install 3 new cranes
HUTCHISON Port Holdings Busan container terminals have resumed full capacity operations after three new quay cranes were installed to replace those damaged by Typhoon Maemi in September.
Portugal joins Spain in keeping Russian tanker from its waters
SPAIN said that Portugal had joined it in pledging to prevent an ageing, single-hull Russian tanker from entering territorial waters to avert any risk of an oil-spill disaster.
Aussie firm to shut Asia offices
DEBT-strapped metals group Pasminco Ltd said Dutch-based trader Trafigura Beheer BV will undertake international marketing of its lead and zinc metal commodity grades produced from its smelters in Hobart and Port Pirie, Australia, effective Jan 1, 2004.

Air and Land Transport

Travellers want non-stop, hub-to-hub flights: Airbus
AIR travellers of the future will demand more non-stop flights and connections through major hubs, according to the president and chief executive of Airbus, Noel Forgeard.
Cathay, other carriers hike fuel surcharges on cargo
Studies shed light on economy class syndrome
Court approves Trinity Time offer for Air Canada
British Airways set to return to FTSE 100 index
Finnair halts layoffs

Strait Talk

Learning the real lessons from casualties
THE general consensus seems to be that last week's compromise deal at the International Maritime Organization , on the accelerated phasing-out of single hull tankers and on increased restrictions on their operation, has made the best of a bad situation.

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Shipping News

UK erred in letting yard scrap US toxic ships: court
ENVIRONMENTAL campaigners Friends of the Earth won a High Court ruling that the Environment Agency was wrong to grant Able UK Ltd permission to dismantle toxin-laden US naval ships.
NOL welcomes new US-China maritime pact
NEPTUNE Orient Lines has hailed the new landmark agreement liberalising maritime trade between the United States and China, saying it will enhance growth in the already-surging transpacific trade.
PTP faces competition from new regional ports
MALAYSIA's Port of Tanjung Pelepas faces future competition from other new ports in Southeast Asia, and direct shipping through China, according to its chief.
Busan's Hutchison terminals install 3 new cranes
HUTCHISON Port Holdings Busan container terminals have resumed full capacity operations after three new quay cranes were installed to replace those damaged by Typhoon Maemi in September.
Portugal joins Spain in keeping Russian tanker from its waters
SPAIN said that Portugal had joined it in pledging to prevent an ageing, single-hull Russian tanker from entering territorial waters to avert any risk of an oil-spill disaster.
Aussie firm to shut Asia offices
DEBT-strapped metals group Pasminco Ltd said Dutch-based trader Trafigura Beheer BV will undertake international marketing of its lead and zinc metal commodity grades produced from its smelters in Hobart and Port Pirie, Australia, effective Jan 1, 2004.

Air and Land Transport

Travellers want non-stop, hub-to-hub flights: Airbus
AIR travellers of the future will demand more non-stop flights and connections through major hubs, according to the president and chief executive of Airbus, Noel Forgeard.
Cathay, other carriers hike fuel surcharges on cargo
Studies shed light on economy class syndrome
Court approves Trinity Time offer for Air Canada
British Airways set to return to FTSE 100 index
Finnair halts layoffs

Strait Talk

Learning the real lessons from casualties
THE general consensus seems to be that last week's compromise deal at the International Maritime Organization , on the accelerated phasing-out of single hull tankers and on increased restrictions on their operation, has made the best of a bad situation.

web site

Shipping News

UK erred in letting yard scrap US toxic ships: court
ENVIRONMENTAL campaigners Friends of the Earth won a High Court ruling that the Environment Agency was wrong to grant Able UK Ltd permission to dismantle toxin-laden US naval ships.
NOL welcomes new US-China maritime pact
NEPTUNE Orient Lines has hailed the new landmark agreement liberalising maritime trade between the United States and China, saying it will enhance growth in the already-surging transpacific trade.
PTP faces competition from new regional ports
MALAYSIA's Port of Tanjung Pelepas faces future competition from other new ports in Southeast Asia, and direct shipping through China, according to its chief.
Busan's Hutchison terminals install 3 new cranes
HUTCHISON Port Holdings Busan container terminals have resumed full capacity operations after three new quay cranes were installed to replace those damaged by Typhoon Maemi in September.
Portugal joins Spain in keeping Russian tanker from its waters
SPAIN said that Portugal had joined it in pledging to prevent an ageing, single-hull Russian tanker from entering territorial waters to avert any risk of an oil-spill disaster.
Aussie firm to shut Asia offices
DEBT-strapped metals group Pasminco Ltd said Dutch-based trader Trafigura Beheer BV will undertake international marketing of its lead and zinc metal commodity grades produced from its smelters in Hobart and Port Pirie, Australia, effective Jan 1, 2004.

Air and Land Transport

Travellers want non-stop, hub-to-hub flights: Airbus
AIR travellers of the future will demand more non-stop flights and connections through major hubs, according to the president and chief executive of Airbus, Noel Forgeard.
Cathay, other carriers hike fuel surcharges on cargo
Studies shed light on economy class syndrome
Court approves Trinity Time offer for Air Canada
British Airways set to return to FTSE 100 index
Finnair halts layoffs

Strait Talk

Learning the real lessons from casualties
THE general consensus seems to be that last week's compromise deal at the International Maritime Organization , on the accelerated phasing-out of single hull tankers and on increased restrictions on their operation, has made the best of a bad situation.

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YICT adds new KMTC Asian service Hong Kong-ZICT service inaugurated Antwerp completes first stage of harbour expansion South Africa, US Customs implement CSI agreement Hutchison Korea Terminals to return to full operations China's biggest logistics park starts operations Hactl sets tonnage records in November Indian Airlines, Air India set to purchase new aircraft: minister KLM to increase number of Asian flights next year BBJ names first authorised service centre in Middle East

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Imports of Chinese silk fabrics go up to 3,290 m. tonnes Exports of deoiled cakes increase in November Seafood exporters against JVs with Thai firms Court removes floor price on HR coil import Mumbai Port Trust crosses 20-m. tonne mark in cargo handling... posts 8.36 pc growth rate New Mangalore Port sets record by handling 22,102 t. iron ore in a day KPT organises trade meet with soya processors, exporters Container handling at MbPT's Ballard Pier Station affected Record 42,000 t. iron ore loaded in single shift at Vizag Port CONCOR to reach out for sky cargo Dhulagarh truck terminal to be ready next month Jet Airways all set to launch Colombo services CONCOR to provide rail bridge from KDS to HDC Tulsidas Khimji clears 1st FCL cargo ex-RCT-Vadodara to Bangkok SEZ Bill to be tabled in Parliament Kerala move to boost fruit exports through AEZ CSL begins work on building firefighting tugs for Jeddah Port All 6 SCT candidates excel at IICL exam Talk on financial issues at WTC Talk on 'Business Opportunities in SEZs' at IMC today New chief for Petronet India Dynamic Logistics Informative programme organised for ex-im trade

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DECEMBER 9, 2003
India: Barge deliveries halted by new licence requirement A peculiar problem has arisen in India which has resulted in bunker delivery by barge to all but grind to a halt in the country. Local traders and barge operators told Bunkerworld today that authorities have decided that companies need a solvent trading and transport licence to trade and transport marine fuel oil and marine diesel oil (MDO). Heavy demand, heavy congestion and heavy cargo rise in Fujairah Some very brisk demand is having an effect on prompt delivery in Fujairah this afternoon. Hong Kong demand surges as prices take lead from Singapore Taiwan IFOs up, distillates stay put Rotterdam fuel firm, distillates firmer still

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DECEMBER 9, 2003
CSX World Terminals announces promotion of Matt Hoag Rate increase in Europe - Far East trade Freight is looking up in Leipzig/Halle Danzas outsources vehicle fleet UTi to acquire South African pharma logistics company Unisys Corporation awarded multi-million dollar contract

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DECEMBER 9, 2003
Univan on target for ISPS compliance ABS completes verification audit of SSA-equipped VLCC Jail term for former JO exec Another guilty plea in parcel tankers case Orders for Keppel Offshore and Marine AMFELS among units winning contracts U.S. and China ink maritime pact Washington ceremony

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Singapore and Japan in joint bid to stop robbery at sea WITH piracy in southeast Asian waters under the spotlight, the Singapore Police Coast Guard and the Japan Coast Guard conducted a joint exercise in combating sea robbery, writes Marcus Hand . Emsa inspector throws doubt on tanker safety THE Spanish inspector who formed part of the European Maritime Safety Agency team that reviewed the Geroi Sevastopolya before its weekend departure from Ventspils believes the ageing single-hull tanker should not have sailed. Jo Tankers in antitrust talks as ex-head faces jail DUTCH-Norwegian chemical tanker owner Jo Tankers yesterday said talks with US antitrust authorities will continue as a former chief faces jail after pleading guilty to his part in an international conspiracy to rip off shipping customers.

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DECEMBER 9, 2003
Mangouras' employment questioned THE Basque government has launched an investigation into whether the Bahamas Maritime Authority complied with international crewing rules when employing the captain of the Prestige Paranagua rival plans played down PLANS to build a new deep water port close to Paranagua, Brazil have been played down by a stevedoring company at the existing port of Paranagua Seafarer wage changes hammered out PHILIPPINES union Amosup has negotiated with employers several changes to next year's wage contracts Twin wage scales to be introduced TWO sets of wage scales are to be implemented after agreement was reached between employers and unions in the International Bargaining Forum ABS chairman to appear in court ROBERT Somerville, chairman and CEO of class society American Bureau of Shipping, is to appear in a Houston court next year for questioning over the Prestige Busan eyes 10M TEU SOUTH Korea's largest container port, Busan, is set to hit the 10M TEU mark this year for the first time since operations began in 1982 NOL sees rates forge ahead China, US sign shipping pact Yukos shipments to US fade away

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DECEMBER 9, 2003
TACA announces 2004 rate hikes Trans-Atlantic carriers to hoist westbound rates by $200 and $250 in April, July. Cosco's Wei to keynote 2004 TPM Group president and CEO of China Ocean Shipping (Group) Co. to speak at Trans-Pacific Maritime Conference. Teamsters, ILA promote chassis safety bill Boxes continue surge at China's Shenzhen Armbruster named editor of Shipping Digest NOL sees monthly gains HMM to boost capacity Panama Canal gains in revenue, tonnage Vancouver, Wash. port sets development plan Corps clears Houston terminal project United Arab to call India port GE reorganizes transport units TPG, Korea Post in strategic pact

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DECEMBER 9, 2003
FEFC notes shipper 'resistance' in negotiations Shippers are more resistant to increases in rate negotiations than last year, say members of the Far Eastern Freight Conference (FEFC), although a major shipper has denied shippers can do this. Canadian terminal operator levies 'security' surcharge Canada's largest container terminal operator has initiated a C$2 (US$1.53) surcharge on loaded containers, to help fund security costs. Vertical tandem lifting a loaded issue Private terminal operators furious at India's stance US/China trade deal could see more price stability Reliability not cost the reason for French intermodal failure Pearl River Delta container barge links Hutchison terminals Concorde introduces weekly feedings Second P&O man makes move to Ceres

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DECEMBER 9, 2003
Revenue up 15% at Panama Canal Surge in containership traffic lifts panamax tonnage figures. Rolls Royce responds to $300m lawsuit Company argues for arbitration in Celebrity propulsion case. Congress approves more Ghost ship funds MarAd gets more money, but questionmark remains over where to scrap ships. Odfjell plans special dividend Shareholder meeting to vote on $13m payout to beat new taxes. US and China sign shipping pact Domestic-flagged container lines should benefit from liberalisation of trade rules. Viking ship eyes new Estonian home Finnish owner ready to change flag of ferry to save on crew wages. Tallink snaps up bigger ferry Estonian operator buys Italian ro-pax to beef up capacity on route to Sweden. Ukraine stirs troubled waters with channel plan Shallow-draught scheme in strait linking Black and Azov seas counters Russian dam. Crew safe after Candano ship sinks Philippines coast guard swings into action after cement carrier founders off Boracay. Curzon hires P&O team Evangelos Marinakis linked broker expands dry cargo chartering operation. China syndrome boosts Garware Indian supply vessel and cargoship owner reaps higher rates as knock-on effect of Chinese trade surge. Suez Canal revenues rise again Vessel traffic also increased through Egyptian waterway during October. EMTA ups Israel costs Europe-Med container conference adds to costs of moving cargos in and out of Israeli ports. Athena still under al Qaeda spotlight US authorities keeping watchful eye on Petrobulk ship despite two previous inspections. Numbers up and down at NOL Start of traditional off-peak season softens volumes and freight rates at Singapore national flag carrier. Hong Kong holds Good Faith bulker Greek shipowner back in the headlines after elderly capesize is detained in Far East. Ward cashes in on Clarksons Shipbroker's finance director sells 80% of his stock in the company as share price rockets. China grants GAC NVOCC licence Dubai-based ship agency makes further inroads into China and gains faster turnover times.

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DECEMBER 9, 2003
Carriers raise Mediterranean/U.S. rates TACA in new attempt to raise westbound rates U.S., China sign new maritime agreement IMO adopts fast-track single-hull tanker phase-out Coast Guard cites loss of containers from ship near Cuba U.S. salvage group sets industry safety standards U.S. Customs Orders Truck Transponders for FAST Border Program Ex-Im Bank approves $500 million to support Iraqi Trade Bank USDA denies trade help to California garlic producers Labor, human rights groups to protest CAFTA Exel names Moebel CEO for the Americas Exel signs two U.K. logistics contracts Management Dynamics opens Atlanta office Tibbett & Britten names van der Maarel to direct European sales Hutchison's Busan terminal fully recovered from typhoon Eurogate handles 10.5 million TEUs in 2003 Port of Savannah container berth project moves forward Cashon joins Ceres Terminals as sales and marketing VP