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Shipping News

US anti-terror rules causing concern, fear
NEW US federal rules intended to thwart terrorism by better identifying seaborne cargo have sown confusion and frustration among the world's shippers, traders, retailers and port officials.
Bringing out the best in each worker to stay ahead
WHILE PSA Corporation has turned in some encouraging results, there are signs that challenging times lie ahead for its local operations.
Carnival cruise prices to remain unchanged in Q1
CARNIVAL Corp, the world's largest cruise line company, said its average trip price would be unchanged in the first quarter and may fall in the second quarter as it has trouble attracting travellers.

Air and Land Transport

Qantas cutting costs to meet forecast amid war threat
QANTAS Airways, Australia's largest airline, will cut flights, force workers to take leave and freeze some spending because the risk of war in Iraq reduced bookings, threatening its full-year profit forecast.
US airlines may need govt help if war breaks
Armed US airliner pilots may be on duty by spring
Cologne scare at US airport
Mixed reactions to US govt order for random car checks at airports
Log Book

Admiralty Casebook

Post-arrest wages of arrested ship's crew are part of sheriff's expenses
EIGHT members of the crew of a vessel, who remained onboard an arrested vessel to fulfil minimum manning requirements, were entitled to have their post-arrest wages to be treated as part of the sheriff's expenses, according to the High Court.

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Shipping News

US anti-terror rules causing concern, fear
NEW US federal rules intended to thwart terrorism by better identifying seaborne cargo have sown confusion and frustration among the world's shippers, traders, retailers and port officials.
Bringing out the best in each worker to stay ahead
WHILE PSA Corporation has turned in some encouraging results, there are signs that challenging times lie ahead for its local operations.
Carnival cruise prices to remain unchanged in Q1
CARNIVAL Corp, the world's largest cruise line company, said its average trip price would be unchanged in the first quarter and may fall in the second quarter as it has trouble attracting travellers.

Air and Land Transport

Qantas cutting costs to meet forecast amid war threat
QANTAS Airways, Australia's largest airline, will cut flights, force workers to take leave and freeze some spending because the risk of war in Iraq reduced bookings, threatening its full-year profit forecast.
US airlines may need govt help if war breaks
Armed US airliner pilots may be on duty by spring
Cologne scare at US airport
Mixed reactions to US govt order for random car checks at airports
Log Book

Admiralty Casebook

Post-arrest wages of arrested ship's crew are part of sheriff's expenses
EIGHT members of the crew of a vessel, who remained onboard an arrested vessel to fulfil minimum manning requirements, were entitled to have their post-arrest wages to be treated as part of the sheriff's expenses, according to the High Court.

web site

Shipping News

US anti-terror rules causing concern, fear
NEW US federal rules intended to thwart terrorism by better identifying seaborne cargo have sown confusion and frustration among the world's shippers, traders, retailers and port officials.
Bringing out the best in each worker to stay ahead
WHILE PSA Corporation has turned in some encouraging results, there are signs that challenging times lie ahead for its local operations.
Carnival cruise prices to remain unchanged in Q1
CARNIVAL Corp, the world's largest cruise line company, said its average trip price would be unchanged in the first quarter and may fall in the second quarter as it has trouble attracting travellers.

Air and Land Transport

Qantas cutting costs to meet forecast amid war threat
QANTAS Airways, Australia's largest airline, will cut flights, force workers to take leave and freeze some spending because the risk of war in Iraq reduced bookings, threatening its full-year profit forecast.
US airlines may need govt help if war breaks
Armed US airliner pilots may be on duty by spring
Cologne scare at US airport
Mixed reactions to US govt order for random car checks at airports
Log Book

Admiralty Casebook

Post-arrest wages of arrested ship's crew are part of sheriff's expenses
EIGHT members of the crew of a vessel, who remained onboard an arrested vessel to fulfil minimum manning requirements, were entitled to have their post-arrest wages to be treated as part of the sheriff's expenses, according to the High Court.

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HK trade office to provide Guangdong data on website Long Beach cargo handling drops 3pc in January China Shipping's new vessel used on Far East/Europe service IAS to strengthen global interchange capabilities Vancouver discloses terminal expansion plans MFSL to use Jardine Shipping services as HK agent Neiman Marcus to use Newgistics' SmartLabel returns service China Airlines begins cargo services to Ho Chi Minh City Menzies completes US$1.78m Sydney cargo facility upgrade RTW introduces airfreight-labelling system

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FEBRUARY 20, 2003
TPG slightly down after 2002 results The share price of TPG was slightly down today on the Euronext Exchange in Amsterdam, with 0.6 per cent to 14.32 euro, after the Dutch postal, express and logistics group reported 2002 figures. Former Dutch prime minister TPG director The Supervisory Board of mail, express and logistics company TPG intends to appoint former Dutch Prime Minister Wim Kok (64) and former Exxon Mobil Corporation Executive Rene Dahan (61) as new members of the Supervisory Board (SB). Qantas fear for war Qantas Airways more than doubled its interim net profit to a record A$352.5 million but warned that a war in the Middle East could cut traffic by a fifth and may put the airline's full-year targets in jeopardy. Greenpeace anti-war protest in European ports The environmental group Greenpeace launched anti-war operations in the Belgian port of Antwerp and the Dutch port of Rotterdam in a bid to block ships loaded with war materials from heading to the Gulf. Lufthansa measures 'to secure its result' Lufthansa said economic crisis requires group-wide hiring freeze and capacity reduction by another ten aircraft

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Evergreen & Wan Hai Lines to launch new intra-Asia service Safmarine appoints new liner director AP Moller takes delivery of new post-Panamax container vessel New service from Safmarine MOL, P&O Nedlloyd to launch new Asia-Africa service "K" Line expects better-than-hoped-for results in fiscal 2002 Port of Tacoma makes 2002 year of smashing records Stelmar Shipping acquires newbuildings S. Korean yards' tanker orders soar Wallenius improves North Atlantic & RTW services Le Havre granted ISO 9001 certification PSA to transfer non-core businesses to Temasek Holdings Govt to insert takeover clause in SCI divestment pact P&O Nedlloyd sets up major business support & quality testing centre in Pune Shipping Minister assures full support to shipowners ...hazardous cargo back-end facility at Powai 12 parties keen to conduct study on coastal shipping Evergreen wins Lloyd's List Maritime Excellence Award for commitment to training and education Know your Incoterms, Prof. Ramberg tells exim trade India must have a strong patent regime: Experts Australia offers India unlimited LNG Diamond exports may total $ 9 bn in 2003: IGI Ficci to rope in Indian diaspora for $ 5-bn FDI Traders expect cut in palm oil import tariff JN Port to be developed into a Hub: Dilip Gandhi Punjab govt invites EoIs for Conware sell-off Railway Budget on Feb 26 GDL CFS handles first LCL hub cargo Railway freight traffic exceeds fiscal target in 10 months Classroom lessons for new exporters - 10

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FEBRUARY 20, 2003
Daily Bunker market report from Praxis Energy Agents Philippines: Petron refinery cuts runs Kuwait's Shuaiba refinery down ARA region: Modest gains after soft week Mixed bag for US oil data meets mixed expectations Las Palmas stocks replenished, healthy demand Suez softer, Port Said tight avails Italian numbers settle lower on the back of enquiry fall India: New supplier sets up in major ports Brazilan fueloil prices drop further Rotterdam slightly firmer this morning

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FEBRUARY 20, 2003
Success for TimoCom Protest against EU port policy Davies Turner offers new distribution service Singamas takes over Shunde Leliu Wharf & container SAS group increased operating revenue in 2002

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FEBRUARY 20, 2003
Norwegian chemical operators investigated 43 per cent of detained vessels in Sweden classed by BV Danish coaster abandoned

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FEBRUARY 20, 2003
Tidewater buys ENSCO fleet Tidewater Inc. announced today that it has entered into an agreement with ENSCO International Incorporated to acquire ENSCO's 27-vessel Gulf of Mexico based marine fleet. USCG starts issuing new Merchant Mariner Documents Process includes fingerprinting, background checks. Record backlog at Conrad Industries Amelia, La., repair facility completed. EC and U.S. trust busters target tanker owners Inspectors have made surprise visits to offices in "several" countries.

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FEBRUARY 20, 2003
Arrival of Hanjin vessel marks new service to Portland University students researching Bellingham Foreign Trade Zone First flight of Boeing 777-300ER will be broadcast on Internet Vancouver, BC Port Authority looking to expand container capacity Navy grants $16.3 million deal to General Dynamics Electric Boat

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«Per la flotta Ue è l'ora di contare» Nuova sfida per i cantieri Montanari

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Tricolor wreck to be cut up in $20m salvage PLANS to refloat the capsized car carrier Tricolor have been abandoned as the ship has sustained so much damage in the two months since it sank. Odfjell and Stolt shock as US joins cartel probe THE global chemical tanker industry has been rocked for the second time in two days as US antitrust authorities joined their counterparts in Brussels on a cartel hunt. Star Reefers switches cover to Gard A SUBSTANTIAL fleet of refrigerated cargoships has changed insurer in the protection and indemnity renewals. Graig bulks up on doubles UPTAKE of a new breed of double hull handymax bulkers is exceeding expectations and the designers behind the concept have revealed plans to break into the market for larger ships, writes Hugh O'Mahony.

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FEBRUARY 20, 2003
Former Stolt counsel opens fire Tanker operators in cartel raids Cuba ferry delayed to April Does IMO have a future post-O'Neil? Karachi demurrage waiver extended Wreck safety measures 'adequate' Tricolor salvage to cost over $20M Stopford sees downturn ahead Cruise recruitment scam update Dalian to build new engine plant Japan sticks to pilotage rules Secondary economic loss not covered Vessel goes down off Nagasaki Stena loses window patent appeal Jordan denies weapons allegations Volgotanker stresses ice standards India tackles coastal malaise QM2 pods go back after trials MUA raises stowaway concerns

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FEBRUARY 20, 2003
Strong start for LA-Long Beach Containerized shipments surged in January through the U.S.'s largest port complex. Security lengthening shipping cycles Shippers are extending supply-chain times to compensate for U.S. Customs' 24-hour rule, a new survey finds. ' Readers hit Customs for 'unecessary' rules TPG expects continued profit growth The Dutch mail and express provider said profits rose 5.4 percent in 2002 despite a depressed global economic climate, and forecast further gains for the remainder of 2003. Ag exporters ask Customs to rethink rules MOL says 100 percent of shippers comply with 24-hour rule Vancouver slates container expansion EU opens Stolt collusion probe UPS begins direct HK-Philippines flights CP Ships makes executive changes Maher Terminals moving headquarters Lufthansa grounds more planes, freezes spending Loss for World Airways Letters: On 'voluntary' gov't. security programs

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FEBRUARY 20, 2003
Thumbs down for Sydney's Enfield terminal An independent review of Sydney Port Corporation (SPC)'s proposed A$90 (US$53) million Enfield Intermodal Terminal concluded the facility would be 'too big' for its suburban location. Panama Government and HPH settle Balboa dispute Panama Ports Company (PPC) has been handed 29 buildings previously occupied by the Panama Canal Authority ending a long-running dispute with the government. Fire damaged Hanjin Pennsylvania beyond repair SA Government to invite Durban bids in April Co-operation key to Hanjin returns LA/Long Beach figures reveal strong transpacific trade MISC and partners set up regional service ABP reveals UK container gains for 2002 Masan/Shimonoseki Korea Strait service resumes

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FEBRUARY 20, 2003
Stolt hits bottom Chemical carrier's shares thud to 52-week low in New York on word of price-fix probe. CP Ships shuffles managers Container line says goodbye to two 20-year vets. The big get bigger Tidewater swallows 27-vessel fleet in US Gulf for $79m B&N plunges into loss Full year result justifies warning of troubled times. Tricolor set for the chop Capsized car carrier to be broken in situ in hugely costly wreck removal. Bassoe steps up Imarex role Shipbroker signs partner agreement with freight futures exchange. Japan charges seven over Diamond Princess fire Five yard officials and two welders accused of professional negligence. SOL sails into the red Israel-Palestine conflict continues to dog Swedish Orient Lines prospects. Concordia in FPSO dispute But clash over Stena Continent not expected to damage VLCC sale prospects. Spar Shipping opts for double hull bulkers Graig Group plans to launch panamax and capesize double hull designs. Sado steams into the red Japanese ferry owner sees losses widen in 2002, but predicts small profit this year. Odfjell probe widens to US Price-fixing investigation into chemical tanker market to run parallel with European inquiry. Astromaritima orders three at Eisa Brazilian owner's domestic offshore newbuildings lined up for Petrobras charters. Saint-Malo bites the dust French shipbuilder Alstom closing yard due to lack of orders and no potential buyer. Hanjin Shipping flags up improved returns Cost cutting and route focus helps boost profit for Korean owner. Lanka Marine wants to shed 400 staff Sri Lankan bunker supplier offering voluntary redundancy to cut costs. Teekay sees fourth quarter recovery Improving tanker market lifts aframax owner towards end of 2002, but rest of the year was lousy. STX inks d'Amico and Efnav orders Italian owner doubles tanker order at Korean yard as Greek principal exercises bulker option. Celebrity hires ex-luxury line executives RCL's up market cruise line has hired former senior personnel from ResidenSea and Radisson.

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FEBRUARY 20, 2003
CP Ships names Masters VP of Far East unit Titan Maritime completes salvage of "Camilla" California proposes non-tank vessel fee and a higher barrel fee Marad chief presses for more diverse U.S.-flag vessel fleet EC, EFTA competition investigators raid offices of tanker companies Teekay ends 2002 with steady $33-million 4q net income Cosco, Evergreen cut one ship in China/Middle East link UPS's Eskew backs "focused" U.S. postal service UPS begins Hong Kong/Philippines flights Vitran posts profit for 2002 FMC revokes two OTI licenses U.S. Customs extends post entry amendment processing test BDP survey shows shippers allowing time for manifest compliance U.S. Census releases 2001-2002 exporting companies profile GAO assesses TSA's first year of operation TSA port grants total $13.5 million for two States Port of Vancouver adds container capacity