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Shipping News

Spain incident raises chorus against substandard ships
THE heated rhetoric for more decisive regulatory action against substandard ships is gathering steam as the estimated 42 million euro clean-up of the oil-slicked Spanish coastline is now underway following the sinking the oil tanker Prestige.
Need to enforce curbs on single-hulled vessels
Hong Kong shippers want US cargo manifest rule delayed

Air and Land Transport

Boeing to axe 5,000 more jobs next year
STRUGGLING US aircraft maker Boeing Co said on Wednesday that it will slash another 5,000 jobs in its commercial aircraft division next year as the global airline industry takes a nosedive.
Renounce air travel pacts with US, EC tells members
Delta to launch no-frills discount subsidiary next year
Linate crash: hearing on plea for trial begins
Fraport to invest 3.3b euros on expansion of Frankfurt airport

web site

Shipping News

Spain incident raises chorus against substandard ships
THE heated rhetoric for more decisive regulatory action against substandard ships is gathering steam as the estimated 42 million euro clean-up of the oil-slicked Spanish coastline is now underway following the sinking the oil tanker Prestige.
Need to enforce curbs on single-hulled vessels
Hong Kong shippers want US cargo manifest rule delayed

Air and Land Transport

Boeing to axe 5,000 more jobs next year
STRUGGLING US aircraft maker Boeing Co said on Wednesday that it will slash another 5,000 jobs in its commercial aircraft division next year as the global airline industry takes a nosedive.
Renounce air travel pacts with US, EC tells members
Delta to launch no-frills discount subsidiary next year
Linate crash: hearing on plea for trial begins
Fraport to invest 3.3b euros on expansion of Frankfurt airport

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CMA CGM increases North China Express (NCX) service KMTC orders two 1,800 TEU containers from Hanjin Heavy Cosco chief elected to government post Elliot Spitz joins Noble Group Tacoma Port new appointment a Givens Exel awarded three-year contract extension with Nestle Thailand Singapore and US on verge of completing free trade deal Longest lease ever for Montreal's Cast and Racine terminals Hactl hosts Premier Zhu Rongji's visit to SuperTerminal 1 UPS finishes US$44m expansion of its California air hub China Southern takes delivery of fourth in a series of 737-800s

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NOVEMBER 21, 2002
Schenker profit down Schenker said in the first three quarters of 2002 external sales were 4,612 million euro, a 'modest increase' on the same period in 2001. Nippon Express interim earnings surge 30 % Nippon Express Co Ltd, Japan's largest general transport company, said yesterday that its first-half group net profit rose 30 per cent, helped by a reduction in fixed costs and a pick-up in air cargo. Russia, China to upgrade rail checkpoint An expert team of Russia's Far Eastern Rail, led by Victor Popov, company manager, arrived on the Russo-Chinese frontier today to blueprint updating efforts in the Grodekovo checkpoint in Russia's Littoral Territory on the east coast of the Sea of Japan. FedEx to raise rates FedEx will raise delivery rates as much as 3.9 per cent, starting Jan. 6. Recently UPS announced its rate hike. US Senate passes air cargo security bill The Senate in Washington passed a bill to upgrade security for cargo flown on passenger jets, in order to require the Transportation Security Administration to conduct regular inspections of cargo handling facilities, and create a more reliable database of shipping firms that contract with the airlines. FEFC wants Asia-Europe rate hikes Maersk Sealand and 14 other rivals in the conference FEFC plan three freight rate rises for Asia-Europe routes in 2003.

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AMTOI to hold Trade Meet on "New US Customs Security Regulations" on Nov. 28 Bill on maritime claims liability passed Jawahar Customs' ambitious hi-tech plans take off Hans Ole Madsen appointed MD of Maersk India Pvt. Ltd Rising Suezmax freight rates cheer Indian shipping companies 3-day Inmarco 2002 opens with theme of 'Advances in the Maritime World' Sweden sees scope to expand trade with India Garment exports show 15.58 pc rise during April-Sept. Indian industry urged to invest in Afghanistan Jewellery exports may rise by 13 pc New policy may abolish customs duty on LNG Exports from Rajasthan total Rs 4,558 cr. in 2001-02 IDBI Caps may manage VPT funds MbPT Railway speeds up MbPT floats tender for construction of offshore container terminal Rlys load 7 pc more freight Fieo President presses RBI Governor to make export credit still cheaper, issue clear guidelines HC decision may lead to duty-free import of rubber Hank yarn packing obligation order amended Govt to continue fiscal corrections for textile industry in 2003-04 Pvt. placement yields Exim Bank Rs 150 cr. Another 30 p cess on petrol, diesel proposed to fund highway projects Tea Board decides to prepare rating system for exporters Banks become selective in granting export credit

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NOVEMBER 21, 2002
INTERTANKO on EU resolution for Prestige investigation Post-Prestige: Shipping organisations call for port of refuge Buyers get busy as Fujairah market jumps ARA: Buyers annoyed as prices rise again Fujairah: ENOC continues expansion as it hits turnover target Japanese IFOs still priced out by Korean imports Singapore prices skyrocket as fundamentals change Istanbul comes closer to competition Rotterdam firms further with crude Continuing Italian indication inflation

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NOVEMBER 21, 2002
Lloyd's Register to continue safety certification on Taiwan high speed rail project Attention Ocean Shippers to the USA! EC asks members to renounce US air service agreements China Southern Airlines Takes Delivery of Boeing 737-800 CSX World Terminals completes Germany terminal expansion Schenker continues on road to success Airbus announces two new appointments O'Conner & Associates announces partnership with Convention Freight services Inc., T/A World Express BNSF and NS launch new carload service assurance programme Air France Cargo begins live transactions through Global Freight Exchange (GF-X)

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NOVEMBER 21, 2002
Spain at fault for extent of Prestige spill? Authorities refused vessel a place of refuge EC plans sulfur limit on marine fuels The European Commission is moving to limit sulfur and other emissisions from ships.

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NOVEMBER 21, 2002
Customs joins DOT in program to fund new container security schemes Grand Coulee Dam project means millions for New Mexico firm Portland International Airport bracing for Thanksgiving flyers CSX vessel rescues crew of sailboat hit by Atlantic storm Emergency radio signal leads Coast Guard to parking lot

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Smit slams Spanish politicians THE managing director of Smit Salvage, Hans van Rooij, has hit back at the Spanish government over allegations by the Deputy Prime Minister Mariano Rajoy that the company was only keen to take the Prestige into a safe port in a bid to make money out of the disaster. Shipowners demand global action on places of refuge TWO of the world's largest shipowner representative bodies yesterday demanded the issue of places of refuge be dealt with as the European Commission proposed a total ban on single-hull tankers carrying "heavy fuel" oil in European Union waters.

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NOVEMBER 21, 2002
Prestige fuel expected to solidify BV's Anne stops short of criticism Stena's new route performing well Hanjin P loss on the agenda Lawyer slams Prestige ignorance Chileans go for Ecuador's bananas ITF defers benchmark wage level Odfjell tanker hits unknown object Smit responds to Madrid allegations Mid-East shippers remain nervous Pilot says Prestige navaids broken Ferry operator files for bankruptcy Russians deny Prestige link Tanker owner rejects rivals' claims Great Eastern pulls bid for SCI Clubs discuss boxship loss crisis Refuge issue now in the spotlight Seyang to break into VLCC market Ship prices rising, says Hyundai IMO may reassess safety rules

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NOVEMBER 21, 2002
U.S. will expand box security program U.S. Customs Service Commissioner Robert C. Bonner said the Container Security Initiative is ready to expand beyond the world's largest container ports. Trans-Pac rate hike due: carrier exec Lines that carry U.S. imports from Asia will have to increase their freight rates next year if they have any hopes of earning a profit on their round-trip voyages, a carrier executive said. Prestige sinking vindicates EU demands: Commissioner Non-union workers seek injunction in West Coast contract talks DHL expands service parts network Schenker profits slip Panama Canal transit times drop Malaysia airport operator eyes Singapore cargo Mail: Give Homeland Dept. a chance Sleep disorder cited in fatal Mich. train wreck FedEx matches UPS ground hikes

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La menace de blocages routiers en France se précise Les négociations entre associations patronales et syndicats du transport routier français ont échoué mercredi après-midi. La pierre d’achoppement principale était la révision des conditions sociales. Du côté du patronat on affiche une prudente confiance, mais du côté syndical, on est - officiellement en tout cas - très pessimiste. A la demande du patronat, de nouvelles négociations se tiendront ce vendredi matin. La CFDT et la CGT ont toutefois annoncé le maitien de leur préavis de grève à partir du ce dimanche 24 novembre à 22h. Les transporteurs néerlandais ont d’ores et déjà réagi et écrit à leur ministre des Trasports afin qu’il intervienne auprès de Paris et de Bruxelles pour que la libre circulation demeure garantie en France. Exel passe un contrat avec Plextor pour la gestion du stock européen Le logisticien Exel a conclu un accord avec Plextor et devient ainsi le partenaire de ce groupe japonais pour ses opérations logistiques en Europe. L’accord porte sur le trafic à l’entrée depuis l’Asie et englobe le stockage, le kitting, la distribution régionale et les services techniques. L’opération sera coordonnée depuis le centre logistique d’Exel à Wommelgem. MAN va concentrer la production de ses cabines à Munich Le constructeur allemand de camions et de bus va concentrer la production des cabines de camions dans son usine de Munich. Cela se fera d’ici une bonne année, à l’occasion de la préparation du lancement des nouvelles gammes L et M. C’est ce que nous avons appris en marge d’une visite d’usine chez le constructeur bavarois. Aujourd’hui, les cabines des véhicules de distribution L et M sont assemblées chez Steyr, en Autriche. TPG veut doubler son chiffre d’affaires en Allemagne d’ici trois ans Après la libéralisation à part entière du marché postal européen en 2007, l’entreprise postale, express et logistique néerlandaise TPG veut proposer une alternative valable aux services de Deutsche Post en Allemagne. A cet effet, l’entreprise développe actuellement des stratégies. D’une part, TPG veut reprendre une entreprise logistique allemande l’année prochaine, d’autre part, le chiffre d’affaires allemand devrait être doublé d’ici trois ans.

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NOVEMBER 21, 2002
P&I clubs to exclude US terror Act cover Britannia takes lead with warning of prohibitively expensive premiums. EU mulls PSC blacklist European Union alludes to possible new blacklist as way of removing substandard ships. Argentine devaluation hits Ultrapetrol Tanker operator suffers triple-whammy of peso collapse, dry dockings and low utilization. Express check-out at the Panama Canal Canal authority shaves five hours off trip through waterway, though long waits still common. Crew pay rise postponed Seafarer wage hike of $50 a month shelved until new pay forum is established. Class societies in tanker link-up Spanish oil spill leads to collaboration being kept under wraps. BV seeks class war truce Bernard Anne calls for class competition end as he breaks open the Beaujolais Nouveau. ABS says salvage move overstressed tanker Class and salvors aware from Friday that stricken tanker would break up. Esco rebrands with T&E Estonian Shipping has split ro-ro and boxship operations and added new owner's name. Union says substandard shipping pays Maritime bodies finally find their voices in wake of Prestige sinking. Earnings chopped at Lorenzo Shipping Bulker and boxship owner hit by decline in feeder demand in Philippines. Drydockings hit Tordenskjold Profits for Norwegian owner's cement carrier fleet reduced through off-hire days. UK Club backs its native lingo Top P&I club calls for weekly English language only day on members' ships. Asian yards leap on Prestige sinking Share values of shipbuilders in Japan and Korea surge on prospect of Erika style newbuilding rush. Frontline sells VLCC Charterback deal with Dr Peters provides $25m cash boost. KMTC inks feeder ships Hanjin Heavy Industries has picked up orders for two boxships from domestic operator. Interim boost for Toei Reefer Revenues and profits increase at Japanese frozen fish importer in first six months of financial year. Odfjell tanker holed Chemical carrier Bow Fagus is taking on water in machinery space, but ship is not in danger. Namura in the red at halfway stage Medium-sized Japanese shipbuilder predicts full-year profit despite interim loss. Never say never at Great Eastern Indian owner appears to scrap plans to bid for Shipping Corp of India, but keeps options open. Hitachi Zosen hit by merger costs Japanese yard expects big losses this year as it struggles to improve its competitiveness. Turkey starts Crude Dio protestors' trial Istanbul court begins hearing evidence about Greenpeace boarding of Metrostar tanker.