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Shipping News

PPL delivers first rig in US$750m project
LOCAL offshore oil rig building specialist PPL Shipyard delivered the first of two advanced jackup rigs to GlobalSantaFe , part of a four-rig order by the global drilling giant estimated to be worth over US$750 million.
Pasir Gudang terminal eyes int'l business
JOHOR's tiny Pasir Gudang Passenger Terminal is set to triple its size to capture a bigger slice of international business by 2005, its general manager claims.
Federal grants flow into busiest US port complex
THE ports of Los Angeles and Long Beach will receive more than US$27 million in federal grants to beef up security at the busiest harbour complex in the United States, federal officials announced last week.
Royal Caribbean orders two ships
ROYAL Caribbean Cruises Ltd, the world's second biggest cruise line, said it signed a preliminary order with a Finnish shipbuilder for two of what would be the largest passenger ships afloat.
Iraqi port reopens to commercial shipping
IRAQ's only deep water port reopened to commercial shipping on Monday, clearing the way for large-scale imports of consumer goods and the materials needed to repair its war-battered infrastructure.
P&O's ABC venture sells two vessels
PENINSULAR & Oriental Steam Navigation Co, the UK's No 1 shipper, said its Associated Bulk Carriers Ltd joint venture sold two ships for US$59.8 million to P&O's partner in the unit, Eurotower Holdings SA, as P&O focuses on ports.
The sands of time
A lifeguard is dwarfed by anchored freighters as he pushes his rescue boat out to the edge of the receding tide, on Vancouver's Spanish Banks on Monday.

Air and Land Transport

Boeing to look into developing 'advanced' 747
BOEING Co said on Monday technologies that could be developed for its planned 7E7 plane may also be used to build an advanced version of its classic 747 jumbo, allowing it to fly further with more passengers.
EADS may buy BAE's Airbus stake
THAI to add flights to 5 Indian cities by 2004
European airline traffic falls 5.9% in week to June 8
AMR decides not to give ex-CEO severance pay
Sats handled 56.3% fewer passengers in May

Strait Talk

What's in a name these days?
THERE was a time when the designation of the top person told you a lot about the organisation he or she ran.

web site

Shipping News

PPL delivers first rig in US$750m project
LOCAL offshore oil rig building specialist PPL Shipyard delivered the first of two advanced jackup rigs to GlobalSantaFe , part of a four-rig order by the global drilling giant estimated to be worth over US$750 million.
Pasir Gudang terminal eyes int'l business
JOHOR's tiny Pasir Gudang Passenger Terminal is set to triple its size to capture a bigger slice of international business by 2005, its general manager claims.
Federal grants flow into busiest US port complex
THE ports of Los Angeles and Long Beach will receive more than US$27 million in federal grants to beef up security at the busiest harbour complex in the United States, federal officials announced last week.
Royal Caribbean orders two ships
ROYAL Caribbean Cruises Ltd, the world's second biggest cruise line, said it signed a preliminary order with a Finnish shipbuilder for two of what would be the largest passenger ships afloat.
Iraqi port reopens to commercial shipping
IRAQ's only deep water port reopened to commercial shipping on Monday, clearing the way for large-scale imports of consumer goods and the materials needed to repair its war-battered infrastructure.
P&O's ABC venture sells two vessels
PENINSULAR & Oriental Steam Navigation Co, the UK's No 1 shipper, said its Associated Bulk Carriers Ltd joint venture sold two ships for US$59.8 million to P&O's partner in the unit, Eurotower Holdings SA, as P&O focuses on ports.
The sands of time
A lifeguard is dwarfed by anchored freighters as he pushes his rescue boat out to the edge of the receding tide, on Vancouver's Spanish Banks on Monday.

Air and Land Transport

Boeing to look into developing 'advanced' 747
BOEING Co said on Monday technologies that could be developed for its planned 7E7 plane may also be used to build an advanced version of its classic 747 jumbo, allowing it to fly further with more passengers.
EADS may buy BAE's Airbus stake
THAI to add flights to 5 Indian cities by 2004
European airline traffic falls 5.9% in week to June 8
AMR decides not to give ex-CEO severance pay
Sats handled 56.3% fewer passengers in May

Strait Talk

What's in a name these days?
THERE was a time when the designation of the top person told you a lot about the organisation he or she ran.

web site

Shipping News

PPL delivers first rig in US$750m project
LOCAL offshore oil rig building specialist PPL Shipyard delivered the first of two advanced jackup rigs to GlobalSantaFe , part of a four-rig order by the global drilling giant estimated to be worth over US$750 million.
Pasir Gudang terminal eyes int'l business
JOHOR's tiny Pasir Gudang Passenger Terminal is set to triple its size to capture a bigger slice of international business by 2005, its general manager claims.
Federal grants flow into busiest US port complex
THE ports of Los Angeles and Long Beach will receive more than US$27 million in federal grants to beef up security at the busiest harbour complex in the United States, federal officials announced last week.
Royal Caribbean orders two ships
ROYAL Caribbean Cruises Ltd, the world's second biggest cruise line, said it signed a preliminary order with a Finnish shipbuilder for two of what would be the largest passenger ships afloat.
Iraqi port reopens to commercial shipping
IRAQ's only deep water port reopened to commercial shipping on Monday, clearing the way for large-scale imports of consumer goods and the materials needed to repair its war-battered infrastructure.
P&O's ABC venture sells two vessels
PENINSULAR & Oriental Steam Navigation Co, the UK's No 1 shipper, said its Associated Bulk Carriers Ltd joint venture sold two ships for US$59.8 million to P&O's partner in the unit, Eurotower Holdings SA, as P&O focuses on ports.
The sands of time
A lifeguard is dwarfed by anchored freighters as he pushes his rescue boat out to the edge of the receding tide, on Vancouver's Spanish Banks on Monday.

Air and Land Transport

Boeing to look into developing 'advanced' 747
BOEING Co said on Monday technologies that could be developed for its planned 7E7 plane may also be used to build an advanced version of its classic 747 jumbo, allowing it to fly further with more passengers.
EADS may buy BAE's Airbus stake
THAI to add flights to 5 Indian cities by 2004
European airline traffic falls 5.9% in week to June 8
AMR decides not to give ex-CEO severance pay
Sats handled 56.3% fewer passengers in May

Strait Talk

What's in a name these days?
THERE was a time when the designation of the top person told you a lot about the organisation he or she ran.

	web site

Awards Shipping boosts Singapore to Hong Kong services Ambitious Tianjin to spend US$3.3b on port upgrade Something to talk about as Kuehne & Nagel seal Siemens deal Global Maritime to expand fleet by 11 vessels in 2003 Menlo eyes Mexico trade with California upgrade ABC sells two vessels to shareholder IT boss blames customs delays on lack of detail Emirates places US$19b aircraft order at airshow Boeing delivers Korean Air's first 747-400ER freighter Afghan authorities unaware of proposed US/ Kabul flights

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Plastics industry aims at $ 1-bn exports in 2003-04 China initiates dumping probe against Indian chloroform Govt to introduce incentive scheme for tea exporters - Move to float bonds to aid tea, coffee industries Flower, fruit, vegetable exporters reap rich harvest ICD-Coimbatore users seek more elbow room to hasten exports CII survey sees good scope for Indian IT, pharma cos in China Edible oil imports may exceed 5 m tonnes this year Chilli exports yield Rs 301.55 cr. in 2002-03 Umm Qasr port set to reopen CCTPL, CONCOR join hands to slash costs for ex-im trade, shipping lines - ICD-TKD-Chennai box run to cost far less TAMP clears Vizag Port volume discount scheme to lure more cargo - Other ports expected to follow suit JN Port rolls out red carpet for new MoS Secy, D. T. Joseph Coimbatore-Bangalore 'Air Deccan' flight from August likely Economy in sound health asserts RBI chief RIL chief announces new major gas find - Transmission infrastructure to be installed Ambitious 90-pt reforms agenda gets PM's nod Normal price of goods should be basis of excise duty: SC

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JUNE 17, 2003
Tight Balboa supply pushes prices higher than Cristobal Fujairah demand increases - and so does the spread St Petersburg: Strong demand leaves some struggling for prompt Demand still yet to pick up in Hong Kong

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JUNE 17, 2003
Arrow Air appoints new president and CEO New venture for Canada Maritime Australian Airlines adding to its schedule Change of flight code for Chinese airlines Goodyear elects Exel to enhances its supply chain

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JUNE 17, 2003
Masa Yards close to new order Still no Spanish reply for Norway's demarche Thin oil from chinese wreck

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Mangouras breaks silence A SPANISH court has turned down the latest appeal by lawyers acting for Apostolos Mangouras, master of the Prestige, to have his bail conditions eased. Universe faces claims on state of Prestige UNIVERSE Maritime, the Greek operator of the Prestige, knew that the tanker was in a 'poor state' and alerted its master to this fact before the accident, leading regional Spanish newspaper La Voz de Galicia has alleged, writes Brian Reyes. Mitropoulos is front runner for top IMO job EFTHIMIOS Mitropoulos is being tipped as the strong favourite to be elected today as the new secretary general of the International Maritime Organisation. Leon lands Royal Caribbean chief finance role ROYAL Caribbean Cruises has appointed a new chief financial officer, Luis Leon, nearly one year after the departure of Richard Glasier, writes Sandra Speares.

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JUNE 17, 2003
Dubai sceptical at Umm Qasr opening Legal twist in Norway blast Customs decision 'discriminatory' Leaking line contaminated water McCain introduces Title XI reforms Builders' head rallies the troops Plymouth invests for Pont Aven Tirrenia move questioned Marina blasts Sulpicio Lines Sohmen buys up rest of Bergesen Second death at ST Marine yard Cassens yard in administration Umm Qasr re-opens for business Korea to develop port hinterland CK keeps it in the family Malaysians eye Indian investment

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JUNE 17, 2003
Taiwan moves toward CSI compliance Taiwan has worked closely with the U.S. on security since the Sept. 11 terrorist attacks, but is the only country with a top-20 port that hasn't formally signed the Container Security Initiative. Kelly: Importers, exporters on front line in war on terror The former Customs chief and current New York Police commissioner urges the trade community to be vigilant, despite additional costs. Lester Rosenblatt, naval architecht and marine engineer, dead at 83 Raymond, MTMC win AOTOS awards NY-NJ Port Authority, Panama Canal sign cooperation agreement South Korea faces semiconductor tariffs DaimlerChrysler official defends Japanese market Daniel Herron out as executive VP of D.F. Young DHL Danzas lays off 50 salespeople EPIC carriers restructure US files WTO case against Mexico Plan aims to ease Chicago rail congestion

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JUNE 17, 2003
Maritime security user fees to return to US agenda With seaport security funds lagging far behind requirements, the leading US proponent of maritime security user fees is apparently planning to re-launch the controversial idea. Hamburg to implement first security surcharge in Europe Government threat to Indian container business Chamber of Shipping demands balanced security regime Chile's embattled Arica banks on Bolivian gateway role CN to finalise intermodal terminal deal for Port of Memphis Joint venture to link Brazil's port of Natal to Europe Melbourne container study reveals landside inefficiencies Itajai opens logistics terminal as chicken exports surge

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JUNE 17, 2003
The year of the big deal Now is the time to tap capital markets, bankers tell owners. Worst avoided in Florida casualty Coast Guard tows Honduran freighter to sea before it sinks. Hoegh revs up car carrier order Norwegian owner adds two ships to existing newbuilding programme for HUAL unit at Korean yard. Cassens in cash trouble Emden-based shipyard files for insolvency in German administrative court. India slaps age limits on tankers New restrictions to kick in on 1 September. Sakhalin shipping deals confirmed Sovcomflot and Primorsk Shipping named for ExxonMobil tanker charters. RCCL taps new CFO Cruise company goes outside sector for Luis Leon. Precious refinances Thai bulk shipowner earmarks $35m for buying ships. State to unload last Latvian Shipping shares Scandinavian investors eye 6% holding in expansion-minded tanker and reefer owner. Epic start-up planned for July Rehashed boxship consortium goes it without Safmarine. Ito takes up shipyard baton Japanese shipbuilders' new champion Mototsugu Ito puts accent on technical expertise in race for global orders. Bye-bye Bergesen Sohmen cleans up. Delisting "expected shortly". Fred Olsen sells Titanic assets Norwegian owner bails out of Belfast waterfront development next to its Harland & Wolff shipyard. US hauls in Stelmar tanker Ten-year-old panamax tanker among eleven ships detained by US authorities in May. Toll steps up battle for New Zealand ferries Australian group increases offer for Tranz Rail, which said it expects lower operating profits this year. Hanjin jumps in Pacific trade South Korean liner operator leapfrogs Evergreen and APL to claim second place in Asia-US trade. Port of Tauranga eyes expansion New Zealand facility is looking to increase container handling capacity at one of its two terminals.

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JUNE 17, 2003
Raymond, MTMC to receive AOTOS honors Schubert urges shippers to think "short sea" Tripartite shipper group to meet on Sept. 11-13 Leif Hoegh orders another two car carriers Revised Europe/India VSA retains weekly frequency Crowley appoints Caporelli manager of tug dispatch Share trading volume surges at China Shipping ESC, carriers finalize replies to EC antitrust reform "K" Line gets new Cape-size bulk ship Carriers line up air cargo service to Iraq U.S. Customs splits inbound, outbound cargo screening duties U.S. Customs broker licenses canceled Vonchek named CEO of bolero.net Treasury seeks comments on how terrorism affects insurance Customs hails success of 24-hour rule, cargo flow New advance manifest rules could come by end of June Taiwan NVO contracts with INTTRA Panasonic chooses NextLinx to automate imports Panama Canal Authority, U.S. East Coast ports form alliances Port of Genoa implements Container Security Initiative