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Shipping News

Iraq war expected to have little impact on tanker shipping
TANKER executives expect little impact on their operations if war breaks out in Iraq, with most relying on tested shuttle measures used in the past.
Box volumes at S Korean ports pass 10m TEU mark
CONTAINER cargo handled at South Korea's ports nationwide grew last year by 17 per cent over 2001 volumes, according to the country's maritime ministry.
Germany's largest shipyard to slash workforce
GERMANY's biggest shipbuilder, HDW, said it will axe almost a quarter of its German work force because of intense competition for orders to make both merchant and military vessels.

Air and Land Transport

US airlines fight $25 fee to fly stranded passengers
AT least three airlines - American Airlines, Delta Air Lines and Northwest Airlines - are fighting a US requirement that they fly passengers from defunct rivals for a US$25 fee.
Virgin Atlantic's Aussie plan may fall through
Singapore, Canada sign aviation maintenance accord
Detailed study needed on DVT: expert
BAA's Jan passenger traffic up 10.7% on holiday travel
Airlines in east China to boost capacity

web site

Shipping News

Iraq war expected to have little impact on tanker shipping
TANKER executives expect little impact on their operations if war breaks out in Iraq, with most relying on tested shuttle measures used in the past.
Box volumes at S Korean ports pass 10m TEU mark
CONTAINER cargo handled at South Korea's ports nationwide grew last year by 17 per cent over 2001 volumes, according to the country's maritime ministry.
Germany's largest shipyard to slash workforce
GERMANY's biggest shipbuilder, HDW, said it will axe almost a quarter of its German work force because of intense competition for orders to make both merchant and military vessels.

Air and Land Transport

US airlines fight $25 fee to fly stranded passengers
AT least three airlines - American Airlines, Delta Air Lines and Northwest Airlines - are fighting a US requirement that they fly passengers from defunct rivals for a US$25 fee.
Virgin Atlantic's Aussie plan may fall through
Singapore, Canada sign aviation maintenance accord
Detailed study needed on DVT: expert
BAA's Jan passenger traffic up 10.7% on holiday travel
Airlines in east China to boost capacity

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CSCL puts 5,700 TEU vessels between Far East, Med/Europe Wangfoong Transportation appoints Walther Nahr as GM Exel Japan receives TAPA certifications for warehouses Coscol makes pearl of a move Schneider to make speedier deliveries with ILOG Technology K Line's Singapore unit takes over parent's tanker business Northport port operators consolidate operations Columbus Line transports mobile cranes to American Samoa SAS Group, Scandinavian Airlines unit reduce losses in 2002 Fresh Schiphol deal signed between Eimskip and Menzies Sharon Thompsett made sales manager for AirRep Cargo Europe

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FEBRUARY 13, 2003
FPS under one brand in China Asian-based NVOCC and freight services provider, Famous Pacific Shipping Group, has started to unite its expanding operations in China under one brand as it targets the country for growth in the coming year. Jinzhou port inflated figures Jinzhou Port Co Ltd mistakenly inflated annual sales for six years, the latest listed firm in China's murky corporate sector to own up to poor disclosure. Deutsche Post invests in Sinotrans Deutsche Post World Net acquired a 5 percent share to a value of 52.5 million euro in Sinotrans Ltd., China's leading transport and logistics firm, at the Initial Public Offering. Privatisation of Air France in 2003 The privatisation of flagship carrier Air France will take place towards the middle or end of 2003 if stock market conditions permit, Transport Minister Gilles de Robien told the French Senate. Air France strike hits result Share price of Air France was down 1 per cent to 8,46 euro today after Air France warned yesterday that a strike by some of its pilots earlier this month triggered a loss of earnings of about 12 million euro in the current quarter.

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Hamburg Süd arms, P&O Nedlloyd upgrade UCLA service Lykes Lines enters into Med-Gulf space charter deals with 2 Chilean carriers MOL receives Limited Brands' logistics services award Portlink launches new service linking Med & N-E England Lloyd's Register to class new fleet of containerships Safmarine launches new MPV service between US Gulf ports and W. Africa "K" Line to launch Japan-Vietnam service with GMT $ 1-bn expansion project for Jebel Ali Maersk Logistics meets US Customs' new need NYK to order 3 tankers from 3 shipyards Patrick, Kalmar report successful start to automated straddle carrier terminal OOCL companies become members of C-TPAT programme SCI stake: GE Shipping opts out of race Cosco, Evergreen, Hapag-Lloyd & Wan Hai join hands for new Straits-Red Sea Express service - Direct call at Tuticorin on Eastbound leg India-Bangla-Myanmar coastal shipping service takes off - Transworld, Concor in JV Dumping duty on PTA extended by 3 months Govt planning to export older stocks of wheat US now targets subsidies given to Indian textile trade for export boost Hong Kong invites Indian investors Rubber exports shoot up to 41,900 tonnes IT exports register 28 pc rise in April-Dec. 2002: Nasscom MbPT Officers' Association felicitates Shatrughan Sinha More feats registered by Mundra Port Pvt. operators' entry into ports sector made easier Move to prune vessel-related charges - MoS sets up study group Davies Turner Air Cargo offers electronic export filing ahead of schedule Fiata pushes for advance-filing options Scrap multiple rules to boost industrial output: AIAI chief Indian economy is resilient to face any problem: RBI chief Industrial output grows by 5 pc in December FDI restrictions on several sectors may go in 2003-04 Budget 30 countries to take part in Indiasoft 2003 CII to hold meet with Mozambique team on Feb. 21 UAE to hold trade fair in Mumbai UK makes entry easier for Indian investors

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FEBRUARY 13, 2003
Pacific Northwest: Suppliers drop prices to attract demand USWC: Cargos coming in, prices dropping US East Coast: Tight avails, market softens Market report for Ecuadorian ports Daily Bunker market report from Praxis Energy Agents EMMF Singapore on the move OPEC production totals US economy slow 2003, faster 2004 Slowdown today after active week in ARA region No supply and large demand pushes Japanese IFOs ever higher Low US crude stocks and Iraqi missile find boost oil prices Italian numbers show little activity Rotterdam little changed on opening

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FEBRUARY 13, 2003
Eva Air records strong cargo growth Danzas appoints new Heads of Intercontinental Business Units in Asia Samskip acquires stake in T&E Esco UTi Worldwide is newest member of Freight Forward Europe (FFE) TNT Express acquiring two Boeing 737-300Fs

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FEBRUARY 13, 2003
Kvaerner Rosenberg may close No damage found on "Acushnet" Seven Chinese ports reached 100 million tons

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FEBRUARY 13, 2003
U.S. naval market breakthrough for Rolls-Royce 30 MW aero-derived gas turbine picked for DD(X) Engineering Development Model. Big barge order for Gunderson 100,000 barrel unit for Sause Bros.

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FEBRUARY 13, 2003
Washington governor announces plans for improving Puget Sound Rail intermodal traffic posts gains in January Nanaimo HarborLinks takes possession of new catamaran passenger ferry Department of Transportation extends war risk insurance scheme Union Pacific claims title of first railroad to join C-TPAT program

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Venezuela exports lag as PDVSA ramps up production VENEZUELA'S state oil company Petroleos de Venezuela has ramped up oilfield production to 1.4m barrels per day, but is struggling to push up exports, writes Martyn Wingrove. BP sells North Sea gas fields to Perenco in $162m deal UK OIL major BP has sold a clutch of southern North Sea gas fields to London-listed independent Perenco in a $162m deal, writes Martyn Wingrove. Shipowners urged to face up to new world of security TIME is short for shipowners to make the psychological leap needed to commit resources to the new world of maritime security, according to Global Marine Security Systems Co, the consultants called in to advise three leading classification societies on security compliance. Tanker markets tight on US stock draw TANKER markets are tightening as US oil demand strengthens and global oil prices surge to 28-month highs. Warsash and MRCI in training link MARINE Risk Consulting and Investigations and Warsash Maritime Centre have joined forces to provide a new training partnership to offer consultancy and training services to shipping and port firms, as required by the new international maritime security rules.

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FEBRUARY 13, 2003
Prestige probe window opens Abidjan to Camden with Safmarine Swedish agree, Finns do not China dominates US Pacific trade Madrid accused over Prestige spill Single-hull ships still calling Maritime excellence rewarded Gas rate slump hits Bergesen Gladstone handles cyclone fallout Nine-day ordeal for injured sparky Tricolor pumping almost complete Baltic yard ahead in Russian battle St Malo shipyard on the brink Politicians wade into HDW cutback Agents reject damage liability bid Panama to meet security demand Shore time in the spotlight Concern over lack of identification Korean ship fund set for launch Waste cargo floods Bangkok

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FEBRUARY 13, 2003
Customs' industry security program not so 'voluntary', says NCBFAA chief The Customs-Trade Partnership Against Terrorism is rapidly becoming de rigueur for companies in international trade, according to the trade group president. Supertanker market surges The flagging market rebounded after Saudi Arabia, the world's biggest oil exporter, chartered 10 very large crude carriers to haul crude to the United States. Deutsche Post buys stake in Sinotrans The German mail monopoly acquires a 5 percent stake in the Chinese logistics provider. Successful test of intermodal system Cargo drives Air France return to profits Marad calls up RRF ships USF Logistics offers ocean services Korean Air's Cho to lead Hanjin Hyundai Heavy spanked for accounting woes TOTE volunteers ship for Mid-East duty Carloadings boost GWI New barge orders for Greenbrier

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FEBRUARY 13, 2003
Forwarding giant breaks ranks over 24-hour rule Forwarding giant Exel has distanced itself from other NVOCCs battling ocean carriers for the right to keep the identity of their customers confidential when filing manifest information with US Customs. Surging HNN volumes prop up waning PSA growth Continuing its recent trend, PSA Corp's January throughput surged 28% year-on-year, as recent Belgian acquisition Hesse Noord Natie (HNN) drove growth across the group. 'Fragile' Atlantic trades can't support more tonnage TS Lines extends its Intra-Asia coverage Risk of Iraq war hangs over liner trades Australia launches random inspection of empty boxes HK set to legislate for electronic manifests Four-year recovery for drought-hit Australian meat exports

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FEBRUARY 13, 2003
Anders Wilhelmsen makes late bid Brothers Gjert and Arne Wilhelmsen wait for profit dive to launch Awilco offer. Bergesen aims high on LNG Director Jan Haakon Pettersen says company wants up to 20 ships by 2010. Gorthon sails into profit Improved vessel utilisation and forex futures boosts forest products line. War fears hit P&O Princess Grand Princess flees Mediterranean for calmer water of the Caribbean. Bergesen VLGCs bleed red ink Norwegian owner's profits crash but improvements expected. Soponata mulls suezmax renewals Portuguese owner weighs up next step as takes in aframax newbuilding. Ensco loses Gaut US offshore shipowner's financial chief Cris Gaut is off to Halliburton. Limarko wins auction for KTF reefers Lithuanian shipowner starts talks on takeover of state-owned fleet. North Korean captain fined for grounding Master of Dae Song San pays up after incident in Japan. Jody owners sue Port Gisborne over grounding Japan's Soki Kisen wants damages for incident in New Zealand last year. Choi confirmed for Hanjin hot seat Korean shipowner names replacement for Chan-Gil Kim as group confirms new chairman. Tschudi & Eitzen brings in new man at Esco Soren Andersen moves from T&E subsidiary KiL to become new boss of Estonian shipowner. Nacks books Geden foursome Turkish owner inks orders for Sino-Japanese joint yard's popular handymax bulker design. WG&A relocation back on Philippine ferry owner wants to shift its head office to Manila, two months after calling off the move. Yang Ming confirms Eddie bulker buy Taiwan's Eddie Steamship makes return to panamax market with acquisition from compatriot owner.

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FEBRUARY 13, 2003
Lyras: tanker operators will decrease drastically CCNI plans U.S./Central America/Caribbean service Maersk Sealand splits regional organizations China Shipping adds capacity and ports to Asia/Europe service U.S. DOT extends insurance cover for ships in the Middle East Ocean carriers concerned over ending of crew list visas in U.S. Canada/North Europe conferences raise Westbound rates NYK starts south China/Japan link Sinotrans shares oversubscribed 20 times IAS picks Fletcher as VP operations NAL appoints Spiker to head global supply services Iogistics names Asher VP, fleet services USFreightways picks Descartes tracking software U.S. Customs says 24-hour rule implementation going smoothly WCO makes strides in developing supply-chain security guidelines ICC submits recommendations on customs to WCO