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Shipping News

Huge backlog along West Coast remains
THE backlog of containers and vessels along the US West Coast has barely improved while allegations and denials continue to fly between dockworkers and shipping lines, sending both sides in the labour dispute back to court.
APL skipping calls to get back on schedule
Tg Pelepas to break even by year-end

Air and Land Transport

Rudder risks cited years before crash
SEVERAL years before the tail fell off an Airbus jet over Queens last November, killing 265 people, an American Airlines manager and Airbus warned separately that excessive rudder use could make an airplane break up in flight, documents released on Tuesday by the US National Transportation Safety Board show.
Boeing flying towards new mid-sized jet
Garuda cuts flights to Bali after bomb attack
Swiss freezes hiring, reviews costs
China Eastern's 9-month net profit up 5-fold
THAI plane cracks wing while landing

web site

Shipping News

Huge backlog along West Coast remains
THE backlog of containers and vessels along the US West Coast has barely improved while allegations and denials continue to fly between dockworkers and shipping lines, sending both sides in the labour dispute back to court.
APL skipping calls to get back on schedule
Tg Pelepas to break even by year-end

Air and Land Transport

Rudder risks cited years before crash
SEVERAL years before the tail fell off an Airbus jet over Queens last November, killing 265 people, an American Airlines manager and Airbus warned separately that excessive rudder use could make an airplane break up in flight, documents released on Tuesday by the US National Transportation Safety Board show.
Boeing flying towards new mid-sized jet
Garuda cuts flights to Bali after bomb attack
Swiss freezes hiring, reviews costs
China Eastern's 9-month net profit up 5-fold
THAI plane cracks wing while landing

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PMA is misleading government, say US west coast dockers Evergreen expands FEM service to include China Damco gets China NVOCC licence Pacer International net revenues up in third quarter PBB Global Logistics gets with the C-TPAT programme Emery Forwarding gets heavy with gold service Swiss to fly to Canadian cities after passage of agreement Emirates opens career centre for potential staff

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OCTOBER 30, 2002
US officials to UK ports The UK government will in November 2002 announce a deal to post US customs officials in UK ports. Menlo first in airport logistics park Singapore Global logistics provider and freight forwarder Menlo Worldwide officially became the first tenant of the Airport Logistics Park of Singapore (Alps) today when it opened its $22 million regional logistics hub. DHL and Danzas together in Iceland DHL Worldwide Express and Danzas AEI Intercontinental today announced a cooperation agreement. The companies will combine their air express, airfreight and ocean freight to provide improved services to clients in Iceland. China Southern with China/Belgium cargo service China Southern Airlines reached an agreement to wet-lease a Boeing 747-400 freighter from Atlas Air and today has launched an all new cargo route between Shenzhen - Shanghai and Liege, Belgium. P&O Ports acquires Gujarat terminal PSA is a partner in the Gujarat Pipavav Port, which is managed by majority owner, Danish shipping giant Maersk Sealand. CP Ships announces $33 million operating profit CP Ships Ltd today announced unedited operating income before exceptional charges for third quarter 2002 of $33 million, $1 million lower than operating income before exceptional charges for same period last year.

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GE Shipping net profit rises to Rs 56.73 cr in Q2 Sai Shipping Co. receives ISO 9001-2000 certification - Crowned with coveted quality award in Silver Jubilee Year Everett (India) in JV with The Keihin Co., Japan - Everett Keihin Cargo Logistics formed Handicrafts exports target raised to Rs 8,000 cr. Capexil submits pre-Budget wish-list to Finance Ministry ... to set up warehouse facilities in US Germany offers help to fortify Karnataka's SME base RBI credit policy will boost exports, according to CIAe President More liquidity for export sector Fieo finds policy disappointing Crisil predicts 28 pc growth in IT exports by 2006-07 Rate cut too small to revive economy: AIAI Jaswant proposes widening of tax base NCAER lowers GDP growth rate to 4.8 pc for 2002-03 AEPC plea to lower sewing machine imports duty Kelkar Committee favours retaining just 4 export promotion schemes - Moots package to prune transaction costs ...to cover service tax issues before final report RBI's credit policy will spur growth: IMC Publishing industry expects 10 pc rise in exports Rana hints at opening up textile sector for increased access to markets Food Minister advises grain exporters to take their problems to committee

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OCTOBER 30, 2002
Daily Bunker market report from Praxis Energy Agents Istanbul lags behind in price dive Argentina: Resupply due at Rosario/San Lorenzo OPEC 'happy with current prices' Sentiment turns firmer with US oil inventory data Local sources tip Gibraltar market will rise tomorrow Early November congestion in softer Canary market Indication gap increases as demand drops off in Busan Brazilian prices continue to fall Good supply conditions return to Uruguay Saudi posted prices fall, resupply soon at Ras Tanura Lanka Marine issues fuel and gas oil tenders African market report from GAC No complaints in falling Piraeus market More active trading reported in Rotterdam Panama: Bunkers steady, lane outage works this week

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OCTOBER 30, 2002
Inland shipping freight market, week 43, 21st/25th October, 2002 Elite International gears up for expanded support to the Global Food Industry China Airlines (Taipeh) to buy a stake in cargo carrier on Chinese mainland Euro Tunnel: train traffic closes down after storm

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OCTOBER 30, 2002
Greenbrier sees big jump in orders for new railcars VIPs gathering at Port of Portland to celebrate auto terminal redevelopment "K" Line expands tanker fleet with three LR II vessels Washington-built Fast Patrol Craft will be evaluated by Coast Guard Coast Guard rescue team airlifts merchant seaman stabbed onboard vessel

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Experts warn of passenger liability chaos CHAOS looms on a worldwide scale over the future of seagoing passenger liability, after a compromise between diplomats over the revision of the Athens Convention was slammed by insurers and shipping lines yesterday. FMC cautions lines on Pacific rates AS THE west coast labour dispute drags on - and with it shipper fears of further congestion, delays and rising costs in the Pacific trades - the Federal Maritime Commission has stepped in to warn container lines against violating existing rules on rate increases. Jones Act ships to help strike-hit cargoes PLENTY of US flag ships are available to reposition cargo stranded in the wrong port because of US west coast labour disruptions, the Maritime Administration has advised shippers, writes Janet Porter. Cosco and NYK in car carrier link to reap rewards of China's auto boom COSCO and Nippon Yusen Kaisha have agreed a joint venture, Nykcos Car Carrier, in a bid to cash in on China's emerging auto export market, writes Matthew Flynn.

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OCTOBER 30, 2002
Haitians raise US security concern Yard workers demand to know plan Marad responds to allegations Kiodo has answer for Neptunia EU commissioner raises CSI concern Adventurer takes on Ulysses Scandlines talks are confirmed Crew member jailed for rape Dispute alive despite tobacco twist Seafarer airlifted after stabbing Zambia confirms GM maize ban Transmanche remains optimistic Trade route to rival Suez Canal New World cuts Pacific capacity Chinese coal exports to grow again African oil supplies suspended Durban is pride of Pretoria No breakthrough on Macau collision Canberra policy 'will lose jobs' Filipinos seek visa hike deferment Yemen posts strict new measures Cosco, NYK to float PCC venture Iraq conflict would hit Korea yards

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OCTOBER 30, 2002
Customs finalizes controversial rule on 24-hour advance manifest filing The U.S. Customs Service has announced publication of the final rule that will require carriers and NVOCCs to file cargo manifests 24 hours before containers are loaded on U.S.-bound vessels at foreign ports. Union denies slowdown charges, calls for "fair and equitable" resolution West Coast dockworkers on Tuesday blamed waterfront employers for the slowdown in cargo-handling and said it would ask Attorney General John Ashcroft to support a settlement in the port labor dispute. Box shortage, snail's pace riles Asia U.S. air cargo volume plummets Trans-Atlantic lifts CP Ships $560,000 raised for 9-11 NY port victims New Jersey to get new ship-to-rail hub Howland Hook breaks ground on expansion USFreightways completes forwarding sale Dragonair shifts Shanghai service Indian ports seek private investment Crowley Logistics names director of finance

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Les transporteurs et chargeurs néerlandais demandent la suppression de l’Eurovignette Les organisations néerlandaises de transporteurs et de chargeurs TLN, EVO et KNV ont plaidé dans un courrier adressé au ministre néerlandais des Finances, Hoogervorst, pour une baisse du tarif de l’Eurovignette. A terme, cela devrait même déboucher sur une suppression de cette taxe sur les poids lourds. China Southern débarque à Liège Airport Serge Kubla, ministre régional wallon ayant les aéroports dans ses attributions, en fera l’annonce officielle au cours d’une conférence de presse lundi prochain, mais le site Internet de China Southern Airlines a été plus rapide: la compagnie assure, dans un premier temps deux fois par semaine, une nouvelle ligne fret entre Shenzhen-Shanghai et Liège, avec un Boeing 747-400 pris en wet-lease d’Atlas Air. L’INE veut optimaliser le potentiel de la navigation intérieure dans l’UE élargie Inland Navigation Europe (INE), l’organe coupole des services de promotion nationaux de la navigation intérieure qui a un bureau à Bruxelles depuis septembre 2001, vient de publier un rapport sur sa première année d’activité. L’organisation énumère en outre un certain nombre de priorités qui doivent permettre à la navigation intérieure de valoriser ses atouts dans le cadre d’un réseau de transport durable dans une Union européenne élargie. Le slogan “Water is the way to go”, doit souligner les ambitions de l’INE. Senator Lines reste impliqué dans le trafic Europe-Asie Les restructurations intervenues récemment au sein du groupe Hanjin Shipping Co et qui concernaient plus précisément sa filiale Senator Lines, qui de ce fait se retire des secteurs transpacifique et Atlantique, faisaient craindre qu’il en irait de même pour la relation Europe-Asie. Aux dernières nouvelles, il n’en est rien. Les rumeurs persistantes à ce sujet sont non fondées. “Nous restons dans ce trafic avec Hanjin et dans le cadre de cette nouvelle configuration CKYHS”, nous a dit un représentant de la direction au QG de l’armement à Brême.

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OCTOBER 30, 2002
P& Nedlloyd moves on big boxship order Japanese yard snatches giant containership newbuildings from Korean rivals. Carnival's ratings outlook unchanged Higher operating cash flow and capital spending keep credit ratings in Rating Watch Negative. Lasco staff snub share offer Latvian Shipping's employees and pensioners take up only 30% of shares set aside for them. Meyer Werft to build Indonesian ferry Long-standing ties with German shipbuilders aid passengership fleet renewal efforts. Tanjung Pelepas to break even this year Singapore's Malaysian port rival is on course to erase losses, according to boss Mohd Sidik Shaik Osman. BP rumoured to be firming tanker options Oil major moving to secure huge position in tanker trades by confirming Korean berths. Profits take a battering at Wartsila Lower than expected ship engine orders drag Finnish group down in first nine months. Third quarter boost for CP Ships Boxship giant's net profits and cargo volumes have improved compared to previous three months. Galbraith's S&P brokers walk to SSY Three shipbrokers are joining rival London broking shop. Irving VLCCs rumoured sold to OSG Fresh talk of long-running large tanker sale candidates in charter back deal. Huge Saudi storage move on VLCCs denied Informed sources say no sign yet of 32-tanker storage bid by oil giant Vela. Lithuanian Shipping continues on right track Owner slated for privatisation posted a profit to 30 September, despite third quarter loss. NYK and Cosco in China PCC venture Japanese car carrier giant looks to tap Chinese import and export market. Lower returns for GulfMark Higher day rates cancelled out by increased operating costs at Houston offshore shipping company. Dry winning over wet in 2002 Bulker owners have seen better financial rewards than tanker owners to date, but by how much ? Floods hit Houston Ship Channel USCG implements "safety zone" on strategic waterway after heavy rain swells water levels.