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Shipping News

Cambodian govt may take back privately run registry
AFTER mounting international criticism and a series of embarrassing incidents, the Singapore-based Cambodia Shipping Registry is to be taken back by the Cambodian government.
US West Coast dockworkers, carriers resume contract talks
APL in slot deal with Hanjin
Hanjin ship grounded off western Aussie coast

Air and Land Transport

Strike on Friday to close Aussie air space
AUSTRALIAN air traffic controllers plan a five-hour strike on Friday, bringing to a stop all flights in an area straddling more than a tenth of the globe, officials said yesterday.
Lufthansa cuts fares on German flights
Bangkok to keep Don Muang for cargo, charter flights
Iraq plans four new provincial airports
Citic Pacific plans to take 25% stake in enlarged Air China
Virgin Blue's suit against Sydney airport may drag more than a year

web site

Shipping News

Cambodian govt may take back privately run registry
AFTER mounting international criticism and a series of embarrassing incidents, the Singapore-based Cambodia Shipping Registry is to be taken back by the Cambodian government.
US West Coast dockworkers, carriers resume contract talks
APL in slot deal with Hanjin
Hanjin ship grounded off western Aussie coast

Air and Land Transport

Strike on Friday to close Aussie air space
AUSTRALIAN air traffic controllers plan a five-hour strike on Friday, bringing to a stop all flights in an area straddling more than a tenth of the globe, officials said yesterday.
Lufthansa cuts fares on German flights
Bangkok to keep Don Muang for cargo, charter flights
Iraq plans four new provincial airports
Citic Pacific plans to take 25% stake in enlarged Air China
Virgin Blue's suit against Sydney airport may drag more than a year

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Evergreen's Chang visits PTP as vessels begin calling Quincy port picks operator of inland inter-modal facility Panama Canal alters pricing system, raise general tolls IPBCC raise box rates, cuts extra risk surcharge for India ZH-Scanwell gets NVOCC licence Exports down, imports up, Long Beach hits record volume Delta, Continental, Northwest create germ of a global alliance Qatar Airways opts for in-house maintenance, upgrades shop

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AUGUST 27, 2002
Evergreen embarking for Malaysia Evergreen Marine as begun shifting its regional hub from Singapore to Malaysia's Port of Tanjung Pelepas, including the long haul east and west bound China-Europe-Mediterranean, the far east Mediterranean and the west coast-Asia-Europe pendulum service. Deutsche Post World Net with new Internet presence 'The objectives of the new www.dpwn.com were more clarity, more information and with it greater benefit value for the yellow web-site's customers and other interested visitors. IMO has tough security task The International Maritime Organisation (IMO) faces its most difficult task ever, in controlling how the proposed international maritime security regulations are implemented at the national level, said a senior IMO official yesterday. Pakistan to buy up to 8 Boeing-747's Pakistan's state-owned airline, Pakistan International Airlines (PIA), on Monday announced plans to replace its wide-bodied Boeing-747 aircraft with up to 8 newer wide-bodied planes in a major overhaul over the next decade. Airbus lost the order. HAL Holding sees profits fall Dutch investment company HAL Holding, large shareholder of vopak and Univar, has seen its net profits tumble in the first half of the year. Australian air traffic strike Civil Air, the union representing more than 1,100 air traffic controllers in Australia, voted to stop work from 5 pm to 10 pm (0700-1200 GMT) on Friday.

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Varun Shipping to acquire vessel Hanjin's m.v. Mare Thracium calls at NSICT on eastbound leg - New Super GALEX service GAC Shipping (I) clears 'copter at JNPT; helps serve a noble cause IPBCC member lines to hike freight rates, BAF surcharge from September 1 Dumping probe into imports of methylene chloride 40 pc increase in imports of 300 sensitive items Good prospects for machine tool exports to US, China Kenya keen on joint ventures with India US keen to cement trade ties with India Sethusamudram canal project: SCI studying feasibility draft for smaller ships N. Jamnadas & Co. enters air cargo chartering field - Lands biggest cargo aircraft at NSCB Airport in Kolkata 56 pc spurt in sales of 3-wheeler cargo carriers Air cargo traffic jumps 17.2 pc in April-June 2002 Addl allowance for brokens in rice export withdrawn Exim Bank signs MoU with IDC Spices Board sets deadline for certificate renewal Finance Ministry decides to review MAT impact Assocham faults govt's export policies for broken rice & wheat Pharma trade registers 9.3 pc growth in July New Karnataka textile policy to be ready in 3 months $ 10 m LoC to PTA operationalised India retains third position in textile exports IOC stalls Paradip refinery project

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AUGUST 27, 2002
Canal works over in Panama Iraq thorny issue in US-Saudi talks to mend relations Mixed reports on avails following floods in Novorossiysk Fujairah numbers get jumpy with Platts Firming market in Korea gives buyers pre-deal jitters Demand slackens in Suez Brent crude rallies after holiday Rotterdam firms with crude this morning

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AUGUST 27, 2002
Air Canada outsources IT applications and systems developments Atlas Air posts a loss in second quarter of 2002 Montreal Port Authority to build a new dry-bulk handling centre Schiphol's freight throughput exceeds expectations P&O Nedlloyd adds new vessel to its Lambada service Hamburg terminal operator will close Cellpap Terminal New high-speed rail line in Portugal Japanese port tests non-stop gate system Shenzhen posts record container throughput Government of Macau to invest in local airline

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AUGUST 27, 2002
Maritrans lowers earnings expectations Factors such as higher maintenance costs and flat spot market rates have prompted Maritrans it to lowering its likely range of estimated 2002 earnings $12.2 million Navy job for NORSHIPCO NORSHIPCO, Norfolk, Va. has been awarded a Navy contract for the topside phased-maintenance, fixed-price availability work on the dock landing amphibious-class ship USS WHIDBEY ISLAND EC seeks maritime safety czar The European Commission is looking to recruit an Executive Director for the new European Maritime Safety Agency. Cell spar selected for Red Hawk deepwater field Kerr-McGee Corp.and its partner Ocean Energy, Inc. have selected Technip Offshore, Inc. to construct the world's first cell spar for the development of the Red Hawk deepwater field

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Cheney war talk drives crude to new high A POSSIBLE military attack on Iraq by the US received a clear and resounding endorsement from the US vice-president Dick Cheney yesterday, firming up world crude prices close to an 11-month high just two weeks before the first anniversary of the September 11 atrocity. US to probe lines on transpacific prices TRANSPACIFIC lines are to be formally investigated by the US over allegations of discrimination between different classes of customer. FTA warns on fuel price rises UK truckers will have to pass on an extra '120m ($180m) in annual fuel costs for every 1p per litre increase in diesel pump prices, writes Roger Hailey. French accident team boards Odfjell ship FRENCH navy investigators boarded a Norwegian chemical tanker in the English Channel yesterday as the hunt continued for a mystery ship which collided with a French trawler on Sunday night, leaving one of the seven-man crew dead and three missing.

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AUGUST 27, 2002
Andean trade restrictions are valid Brazil hit by truckers strike Love Boat identity clarified Lines may cut calls to Korean ports French probe Biscay collision Majors apply for Mexico gas complex Two-stage hike 'helps canal users' Frontline axes dividend after loss Port rivals seek conciliation War of words over stop and search Szczecin hit by 'strike readiness' US Customs moves in on Rotterdam Vancouver grain handlers locked out No headway in EU, Korea talks Director faces landmark lawsuit Capesize likely to remain stranded Few support Senate fund proposal Morocco revives $1Bn port project Iran goes on port shopping spree Carlyle in talks to buy CSX Lines Holland America faces prosecution US guidelines frustrate owners Northern Caspian workers may strike Singapore backs IMO security moves Evergreen begins PTP shift

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AUGUST 27, 2002
Carriers extend eastbound surcharge Strong cargo volumes have led shipping lines in the eastbound Pacific to extend the $300 peak season surcharge. UPS offers ocean services United Parcel Service said it has launched a new ocean service for shippers that manufacture goods in China and Brazil and import them into the United States. Bonner hits Senate homeland bill As U.S. Customs agents are deployed at foreign ports, Customs Commissioner Robert C. Bonner criticized legislation that would hamper security efforts at home. Evergreen begins move to Malaysia Lockout stops Vancouver grain shipments No change for USSEC bunker charge China plans Shanghai links Descartes loss widens Universal Express investors convert shares MSC calls at Kandla

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Anvers: le terminal MSC/HNN doit faire l’objet d’un réaménagement A chaque problème correspond une solution. Ainsi, celui que vient de poser le Conseil d’Etat en annulant la xième correction du plan de secteur de la zone de Doel rive gauche, rendant ainsi à l’agriculture 8% de la superficie de la concession du terminal à containers à marée conjoint MSC/Hesse Noord Natie, va rapidement trouver sa solution. Certes, il s’agit pour les intéressés d’un retard supplémentaire évalué à 5 mois et des coûts supplémentaires... que quelqu’un devra bien couvrir. Il va sans dire que chez MSC c’est une fois de plus la déception, l’incompréhension face à la manière dont des dossiers vitaux pour l’économie de la Flandre sont traités, mais cela ne veut pas dire pour autant que l’armement va quitter le port scaldien. D’une part, on ne tranfère pas 1,6 à 1,8 mio. de TEU en l’espace de quelques mois, d’autre part, Anvers reste le principal marché de MSC, dont il apprécie les rendements opérationnels. En dehors des réactions intempestives et de l’élément sensationnel cher à une certaine presse, cet armement n’est pas prêt de quitter son hub bénéluxien. Hausse de 6 à 10% des tarifs de LCAG Lufthansa Cargo AG va procéder au début de la prochaine saison d’hiver le 1er octobre prochain à des hausses de prix différenciées. A partir du 1er novembre, en Allemagne du moins, les réservations électroniques seront encouragées via la non-facturation du supplément AWB. BLS Lötschbergbahn augmente son CA de 16% au premier semestre 2002 Au premier semestre 2002, la société privée régionale suisse BLS Lötschbergbahn AG a noté un chiffre d’affaires de 67,8 mio. d’EUR, soit 16% de plus qu’au terme du premier semestre 2001. Le bénéfice brut s’élève à 4,1 mio. d’EUR. Il y a quelques semaines, commande a été passée chez Bombardier Transport de dix locomotives pour la traction de trains de fret. Les livraisons commenceront fin de cette année. Trouillet Semi-Remorques en cessation de paiements Le constructeur français de semi-remorques, remorques et superstructures Trouillet Semi-Remorques (TSR) a obtenu un sursis de paiement de ses dettes. Le tribunal de commerce de Roanne devrait se prononcer aujourd’hui sur le plan de redressement de l’entreprise. Ce plan devrait garantir la continuité des activités jusqu’en 2005.

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AUGUST 27, 2002
War against Iraq may boost tanker rates Higher tanker demand and trade route changes would cause short-term rate hike. Maritrans trims estimated earnings The company will report higher expenses and weaker-than-expected vessel rates in 2002. Golar closing on business for newbuildings John Fredriksen's LNG venture's US listing delayed until September-October. USCG searching for missing crewmembers Two Egyptian crewmembers onboard Alexandria were missing in New Orleans port. US sends customs officers to Rotterdam The Container Security Initiative will be fully operational in Rotterdam by 2 September. French investigate Odfjell tanker Owner says no indication that tanker or crew will be detained after collision. New York to deepen port further The ambitious $1.8bn port dredging project will deepen a section of Kill Van Kull to 50 feet. Navibulgar hits the jackpot Big increase in first half profits at cash-strapped Bulgarian state owner. Eidsiva buys into car carriers Norwegian owner is restocking its fleet with five ships and is not stopping there. Srab still in the black Small Swedish tanker owner posts interim profit despite weaker second quarter. No deal over shipbuilding subsidies Two-day meeting in Seoul ends without agreement, but EU and Korean officials to talk again. Tordenskjold growth on hold Norwegian cement carrier specialist turns in smaller net profit in first half. Profit slashed at U-Ming Taiwanese owner sees bulk of last year's earnings disappear in first six months. Grounded Hanjin capesize marooned for two weeks Ore carrier to be lightened while awaiting next high tide on 7 September. Conferences detail further rate restorations Three container conferences raise eastbound rates from Europe to Middle East and Indian sub-continent. Odfjell tanker underway after spill Owner says damaged tanker "fully operational" and "no imminent threat of further pollution." Samsung bags double offshore order South Korean shipbuilder clinches work on Vietnamese and Norwegian floater projects. BP signs up for BMT simulator Oil major to use Rembrandt system to familiarise ship's crews with LNG carrier newbuildings. Upgrades and AHTS deal boost Keppel Singapore marine engineering group has chalked up a series of offshore contracts worth SGD72m.