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Shipping News

Laden box ships sit idle at US West Coast ports
ALL eyes are fixed on the US West Coast today as hundreds of millions of dollars worth of goods - mostly from Asia - lie stranded on container ships unable to enter ports paralysed by the ongoing labour dispute.
APL sees little economic impact so far
EU set to take shipbuilding row with S Korea to WTO
Petrochem testing lab to be set up on Jurong Island
Vopak's jetty south of S'pore hit by vessel

Air and Land Transport

Outlook cloudy for merged carrier
JAPAN's airline industry grows cosier this week when the holding company linking Japan Airlines Co Ltd and Japan Air System opens for business, but fewer carriers will not necessarily mean more profits.
Bill proposes more aid for US airlines
Continental plans code-share tie-up
UAL suspends stock dividend
Virgin Blue eyes 30% share of Aussie air market
Korean Air's Aug net income up 46%

web site

Shipping News

Laden box ships sit idle at US West Coast ports
ALL eyes are fixed on the US West Coast today as hundreds of millions of dollars worth of goods - mostly from Asia - lie stranded on container ships unable to enter ports paralysed by the ongoing labour dispute.
APL sees little economic impact so far
EU set to take shipbuilding row with S Korea to WTO
Petrochem testing lab to be set up on Jurong Island
Vopak's jetty south of S'pore hit by vessel

Air and Land Transport

Outlook cloudy for merged carrier
JAPAN's airline industry grows cosier this week when the holding company linking Japan Airlines Co Ltd and Japan Air System opens for business, but fewer carriers will not necessarily mean more profits.
Bill proposes more aid for US airlines
Continental plans code-share tie-up
UAL suspends stock dividend
Virgin Blue eyes 30% share of Aussie air market
Korean Air's Aug net income up 46%

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RCL to launch Hong Kong to Haiphong service SE-Ningbo forecasts further growth this year MSC adds XICT to Mediterranean service Lua inducted into Lloyd's Asian hall of fame Cathay Pacific has 'no objection' to Dragonair application UPS finishes Louisville hub Pacer International gets two new directors, retires one

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OCTOBER 1, 2002
Dockers to meet bosses over lockout West Coast shipping lines said they would keep the ports closed until the longshoremen agree to extend their expired contract. China Airlines set to opt for Boeing 747 'Taiwan's China Airlines yesterday looked like throwing a life-line to Boeing Co's flagging 747 production line, saying it was inclined to buy the Seattle company's big jets to replace its long-haul fleet.' DHL appoints martin larson as vice president of sales in the US DHL announced Martin Larson as its new Vice President of Sales for the U.S. In this position, Larson will oversee all aspects of sales including managing field sales and special services, business development, sales planning and administration. SAS receives first Airbus A330-300 Today Scandinavian Airline's first Airbus A330-300 was delivered to Kastrup Airport, Denmark. China Southern new website China Southern Airlines launched its "Third Generation" English website at www.cs-air.com/en. UPS investment in Louisville Worldport UPS announced completion of a more-than-$1 billion expansion of its global all-points air facility in Louisville. Huge investment FedEx Ground FedEx Corp. will spend $1.8 billion to expand its small package carrier FedEx Ground by adding 10 new hubs and enlarging 23 others.

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OCTOBER 1, 2002
Tropical storms take their toll on Mexico Prices firm in Panama Daily Bunker market report from Praxis Energy Agents Crude gathers strength with Lili and bullish API forecast Italy: New refining company founded Powerboat disruptions in Gibraltar Fujairah's fueloil drops outweighed by MGO gains Personnel announcement from Norwegian Bunkers New telecom details for SABS USWC ports remain shut Tight avails remain despite re-supply in Suez Busan suffers a slugghish Tuesday Brazil market update

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OCTOBER 1, 2002
European Investment Bank provides funds for finalising Athens peripheral motorway HTFN celebrates its tenth birthday UPS wins contract from Nikon Inc. Exel sets up new temperature-controlled distribution centre in USA WTSA container lines announce plans for rate increases GT Nexus presents new SCM software Schenker adds West African location to its network Containers help Montreal Port wins big ship business for Auckland FedEx Ground builds parcel distribution centre in Tennessee

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OCTOBER 1, 2002
Wartsila acquires Canadian engine reconditioner Wartsila has acquired Canadian engine reconditioning company CGL Industries Ltd., located in Richmond, B.C., in the Vancouver area. Princess lets options lapse Options fortwo cruise newbuildings at Chantiers de l'Atlantique have expired Azipod simulation at MITAGS MITAGS has completed an upgrade of its Full Mission Ship Simulator EU goes to WTO The European Union is taking its complaint against South Korean shipbuilding practices to the World trade Organization

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Bush weighs in to docks row US PRESIDENT George W Bush weighed into the the West Coast labour dispute yesterday, expressing fears over its economic impact and urging a speedy resolution. ILWU seeks solidarity from European ports UNIONS affiliated to the International Transport Workers' Federation would target individual lines as part of a global solidarity campaign in support of US west coast longshoremen, senior labour officials have warned, writes Brian Reyes in Gibraltar. Bergesen bosses in share spree BERGESEN'S two largest shareholders, Morten Sig Bergesen and Petter Sundt, have spent more than $36m tightening their grip on the Norwegian bulk shipping giant, which has attracted the attentions of worldwide shipping's Helmut Sohmen. Wallenius eyes six-ship deal Wallenius Wilhelmsen, a leading car carrier operator, is poised to place an order for at least six vessels during the next six months, writes Tony Gray.

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OCTOBER 1, 2002
Intercargo calls for co-operation Unions kick off solidarity campaign SA strike impact limited Federal mediators bid to end strike P&O cruise newbuild in major fire MCA favours swift retribution Back to the Med for ANL NZ winners and losers with PONL EU given green light for WTO panel Coal keeps Colombia in the black Q'land maritime agency launched Underwater loading starts in Russia Anger over California bunker tax Pakistan begins to draft spill plan Incat Australia eases woes Deloitte takes on Liberia audit Pirates strike again in Malacca Vancouver rejects cargo diversion US West Coast ports to stay shut

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OCTOBER 1, 2002
Shippers don't rush to air freight - yet Airlines are fielding inquiries about available space on flights to and from Asia, executives said, but bookings have yet to materialize. EU will take shipyard dispute to WTO European Union governments have approved plans to take their acrimonious dispute with South Korea over shipyard subsidies to the World Trade Organization. IATA delays new rate formula Calif. frees up LA port funds Calif. enacts harbor truck emission law Expansion, rail link for Howland Hook AA Cargo adds cities to ExpediteFS Guangzhou plans port upgrade Teekay orders Aframax vessels India carriers hike bunker surcharge Port shutdown backing up supply chain Employers extend West Coast lock-out

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Un médiateur pour débloquer les ports US de la côte ouest? Les ports américains de la côte ouest sont restés fermés pendant toute la journée de lundi dernier et il en était de même ce mardi matin. On pouvait s’attendre que cette situation perdure, la Pacific Maritime Association restant sur ses positions, à savoir que le syndicat doit s’en tenir à l’accord précédent tant qu’il n’y a pas de nouvelle convention et qu’assurance doit être donnée qu’il n’y aura pas de travail au ralenti. L’ILWU a rejeté cette demande mais laissait entendre qu’une rencontre avec un médiateur était possible avant que n’intervienne une nouvelle rencontre avec le patronat prévue pour ce mercredi. De même le syndicat n’avait pas rejeté l’idée d’une réunion jeudi à Washington avec le Federal Mediation and Conciliation Service. Le patronat pour sa part s’est toujours montré partisan de l’intervention d’un médiateur. Sur le terrain, la situation prend des allures inquiétantes en ce sens que des navires sont inactifs dans les ports, d’autres en attente, tandis que la grogne s’installe du côté des transporteurs routiers. Enfin, tant aux Etats-Unis qu’en Asie, d’aucuns commencent à évaluer les conséquences de cette situation. Dart Line aligne un troisième navire entre Zeebrugge et Dartford L’opérateur de ferry fret Dart Line, une filiale de l’entreprise sud-africaine Bidcorp (qui a repris le groupe Jacobs l’an dernier), a cette semaine lancé un troisième départ par jour sur la route entre Zeebrugge et Dartford. Hier, le “Bazias 1” a été aligné pour la première fois. Le navire quittera désormais chaque jour le port côtier belge à 16.00h, alors que le départ depuis le port britannique est prévu à 03.00h du matin. L’augmentation de la fréquence est une réponse aux besoins du marché, car Dart Line a vu ses volumes augmenter continuellement au cours des quatorze derniers mois arrivant à 135.000 unités fret sur base annuelle à Zeebrugge. C’est ce que nous a affirmé Helmut Walgraeve de Dart Line. FedEx va investir massivement dans les colis terrestres Le groupe américain FedEx Corp a dévoilé un ambitieux plan d’investissement de 1,8 mia. d’USD, réparti sur six ans, pour sa division de colis “terrestres” FedEx Ground. L’objectif est de doubler la capacité de traitement des envois et de la faire passer de 2,5 millions de colis par jour actuellement à 4,8 millions d’unités d’ici la fin de l’année fiscale 2009. FedEx Ground est actuellement la division du groupe qui connaît la croissance plus rapide. Cette décision intervient alors que le groupe estime que son réseau global air/terre (la division FedEx Express) est désormais quasi achevé, de sorte que les besoins en capitaux de celui-ci vont diminuer. Le Danemark propose une réduction du budget “Marco Polo” Il semble que l’agenda des ministres européens des Transports qui tiendront jeudi prochain leur première réunion sous la présidence du Danemark au Luxembourg, sera peu étoffé. Des décisions importantes ne doivent dès lors pas être attendues. Pour la première fois depuis longtemps aucun sujet maritime ne sera abordé. Les Danois attribuent cela au fait que l’Espagne, qui a présidé l’UE avant eux, a réussi à faire avaliser la directive portuaire. “En concertation avec la Commission européenne et les Etats membres nous avons décidé d’à nouveau prêter attention à des questions maritimes en décembre”, déclare un porte-parole danois de l’UE.

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OCTOBER 1, 2002
Allied Maritime cancels Japanese newbuilding Greek owner has withdrawn from a handysize dry bulk ship contracted at Namura Shipbuilding. Union walkout to extend US port closure Presence of armed PMA security guards causes union negotiators to walk out of meeting. Kawasaki Heavy to widen net loss Strengthening yen contributes to higher-than-expected first half net loss. Fruit producers mull shipping contingency plans Chiquita, Dole and Del Monte may divert some small containerships to Gulf Coast. Bergesen chiefs on big spree Shares soar 10% as chairmen boost stock holdings by $36m. US port lockout affects only containerships US West Coast dockworkers are working on passenger and military vessels. Hual ship grounds in Tokyo typhoon Leif Hoegh-controlled car carrier leaking oil off Japan. Ceres sheds last of 1970s-built ULCCs Bangladesh breakers pay strong price for their nineteenth large tanker this year. Malaysian tanker raided by pirates Diesel stolen from the Nautica Kluang in the Strait of Malacca. Eidsiva seeks liquid future Jorgen Heje looks to ships for shares deal to boost one of Oslo's least active stocks. Fernadero calls it quits Subsidiary of failed bidder for Latvian Shipping gives up on legal action to overturn privatisation auction. FCJ and Skaarup join forces German broking giant Frachtcontor Junge expands interests with bulker shop. Prosecutor presses ferry felony charges Company chiefs and officers in new jeopardy over Express Samina tragedy. Tallink brings in bigger ship Estonian ferry owner replacing Esco's chartered-in Baltic Kristina on Sweden run. Wartsila buys again Finnish ship-engine maker adds Canadian repair operation to its expanding global empire. Viktor Lenac slumps into the red Ferry order delay hits Croatian shipyard in first half. Outlook brighter for Iino after VLCC sale Greek purchase of Taiho I lifts Japanese owner's profit forecast. EU okays Korean shipbuilding WTO referral Pascal Lamy tells Council Korea-Europe talks to find solution have failed. Strong oil price lifting dry bulk freight rates Utilities' fuel-switch creating tonnage shortage and boosting rates suggests Lorentzen & Stemoco. NYK joins foreign LNG charge Japanese shipping giant joins MOL and K Line in setting up gas marketing arms abroad.