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Shipping News

Resolve urgent issue of port of refuge: ABS
THE port of refuge issue needs to be urgently resolved to prevent the escalation of casualties like Prestige and Castor, according to the head of classification society American Bureau of Shipping.
Shipping's problem is an image, not a safety one
AMERICAN Bureau of Shipping chief Frank Iarossi has attacked the widespread perception that shipping has a poor safety record, insisting in reality the industry has steadily and remarkably improved its safety and environmental performance.
New security measures seek to counter terrorist threat
WITH unprecedented speed the global maritime regulator, the International Maritime Organisation , has reacted to the new terrorist threat by creating and passing a raft of security measures in little under a year.
Flouting US' 24-hr rule will be costly: HK body
THE Hong Kong Shippers' Council has warned exporters that they must comply with the controversial 24-hour advance manifest requirement of the US Customs within a week.
LT to enter N Atlantic trades next month
ITALIAN container line Lloyd Triestino will enter the North Atlantic trades in February with a new service linked to its participation on the NUE pendulum weekly service which links Asia, North America and North Europe.

Air and Land Transport

Cathay, Dragonair scrap talks on China row: report
HONG Kong's dominant carrier Cathay Pacific Airways and smaller rival Dragonair have abandoned talks on a private settlement of a dispute over Cathay's bid to fly to mainland China, the South China Morning Post reported yesterday.
6 workers injured in NY airport incident
SAS Cargo positions itself for consolidation
Sydney airport operator's H1 earnings up
Air Lib's fate hinges on government bailout decision

web site

Shipping News

Resolve urgent issue of port of refuge: ABS
THE port of refuge issue needs to be urgently resolved to prevent the escalation of casualties like Prestige and Castor, according to the head of classification society American Bureau of Shipping.
Shipping's problem is an image, not a safety one
AMERICAN Bureau of Shipping chief Frank Iarossi has attacked the widespread perception that shipping has a poor safety record, insisting in reality the industry has steadily and remarkably improved its safety and environmental performance.
New security measures seek to counter terrorist threat
WITH unprecedented speed the global maritime regulator, the International Maritime Organisation , has reacted to the new terrorist threat by creating and passing a raft of security measures in little under a year.
Flouting US' 24-hr rule will be costly: HK body
THE Hong Kong Shippers' Council has warned exporters that they must comply with the controversial 24-hour advance manifest requirement of the US Customs within a week.
LT to enter N Atlantic trades next month
ITALIAN container line Lloyd Triestino will enter the North Atlantic trades in February with a new service linked to its participation on the NUE pendulum weekly service which links Asia, North America and North Europe.

Air and Land Transport

Cathay, Dragonair scrap talks on China row: report
HONG Kong's dominant carrier Cathay Pacific Airways and smaller rival Dragonair have abandoned talks on a private settlement of a dispute over Cathay's bid to fly to mainland China, the South China Morning Post reported yesterday.
6 workers injured in NY airport incident
SAS Cargo positions itself for consolidation
Sydney airport operator's H1 earnings up
Air Lib's fate hinges on government bailout decision

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HK Shippers' Council warns of 24-hour rule deadline Safmarine orders three vessels for Europe-West Africa routes Singapore, US finalise FTA after overcoming last obstacle December cargo movements change little at POLB Port of Antwerp expects record 2002 for total traffic Delta posts 2002 fourth quarter loss of US$363m AA seeks talks with employees to help it out of financial jam Chew Choon Seng to head SIA starting this summer

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JANUARY 20, 2003
'Over 15,000 port workers in strike' In seaports from Northern Germany to the furthest reaches of Spain, more than 15,000 port workers went on strike. Port Klang's throughput to rise 12 per cent Port Klang's throughput volume this year is forecast to increase by about 12 per cent in 2003 to five million Teu, Port Klang Authority (PKA) chairman Ting Chew Peh said. Ningbo registers increased container transport The port of Ningbo, in east China's Zhejiang Province, handled 1.8 million standard containers in 2002, up 52 percent over the previous year. Congressional call for tighter air cargo security Two senators in Washington, Kay Bailey Hutchison and Dianne Feinstein, said air cargo security still has problems that could make it vulnerable to a terrorist attack, despite some improvements, after the US General Accounting Office released a report that found air cargo undergoes little inspection. FedEx purchases ATR 42-320 FedEx Express, a FedEx Corp. operating company, expects to receive the first of eight ATR 42-320 aircraft acquired under a definitive purchase agreement with Continental Airlines. Little disruption in Rotterdam Rotterdam will be spared the full effect of Friday's strike against the European Ports Directive at almost every port in Europe. Many of ECT's employees would be working normally, in accordance with a recommendation from the local branch leadership of the FNV Bondgenoten union.

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JANUARY 20, 2003
High quality gasoil available in Poland soon? Pilots resume operations in Maracaibo, Venezuela Cold weather delays opening of Latvia's new bunkering terminal Bunker suppliers keep going in Russian deep freeze Study shows detrimental effect of EU single hull proposal Rotterdam numbers fall as market stabilises

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JANUARY 20, 2003
Exel announces deal with Oxford University Press Iberia announces 2002 results Rickmers-Linie takes delivery of third new vessel Manhattan Associates acquires Logistics.com Vatry International Airport was a winner in the Paris Dakar rally

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JANUARY 20, 2003
Aker buys Rumanian yard Teekay may buy again Harland & Wolff closes down

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JANUARY 20, 2003
Successful tets for LNG ship dual fuel engine Wartsila Corporation reports that it has successfully completed the factory acceptance test of the first Wartsila 50DF engine in a series of four dual-fuel engines for a 74,000 m3 LNG carrier.

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JANUARY 20, 2003
Rebecca Dye take post on Federal Maritime Commission Republic of Korea joins Customs' CSI program Port of Kalama nets water rights from Washington Department of Ecology Port of Portland hosts meeting to discuss new strategic plan Shippers sign agreement for second LNG carrier

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Prestige master in plea to Spain for freedom APOSTOLOS Mangouras, the 68-year old master of the Prestige , has written an emotive plea for freedom after two months locked up in a high-security Spanish jail. Pressure builds on charterers to choose quality oil tankers Giuseppe Bottiglieri, managing director of Bottiglieri di Navigazione, said he would be pressing for this in forthcoming European Union legislation. P&O Ports buys Vancouver container terminal RAPIDLY expanding P&O Ports has plugged a hole in its global network by purchasing a container terminal in Vancouver, its first acquisition on the North American west coast.

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JANUARY 20, 2003
Search on for missing seafarers Europe lays out pollution reforms Mangouras asks for release Stinnes picks out new targets Carlsson calls on oil majors Smugglers' stores closed Hanjin P boxes to reach Europe USCG to remain independent Protesters delay cruise scuttling Malaysia signs up to CSI Russian congestion eases P&O Ports wins Mundra approval Insurers question Drydocks cover Prestige probe blocked in Brussels Landlocked Uzbekistan agrees outlet Wärtsilä unveils dual-fuel design Tough year for engine builders Yemen tightens tanker security Arrest 'vindicates' ITF campaign CMA CGM to boost Zeebrugge volume French plan new UK ferry link Drifting logs pose danger Iarossi blames shipping press USCG, Singapore strengthen ties

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JANUARY 20, 2003
UPS signs intra-China package deal United Parcel Service has signed an agreement with a new Chinese all-cargo carrier to handle packages for UPS within China. U.S. Great Lakes cargo flat in '02 U.S.-flag Great Lakes vessels hauled 101.3 million tons of cargo in 2002, a drop of less than 1 percent drop compared to the previous year. FedEx unit buys regional freighters The carrier acquires eight French-built aircraft from Continental Airlines for use on domestic routes. P&O Ports enters West Coast market Alliance OK'd for U.S. airlines Kansas City Southern serves Port of Mobile LeHavre in P2K deal with Maersk, stevedore Santos tops box mark Hyundai Merchant Marine selling bonds BAX Global awarded AGCO contract Phillips consolidates Pilot Air Freight ownership Raymond: SEA-21 tabled for 2003

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JANUARY 20, 2003
Owner wins marathon battle More than 20 years after bulk carrier arrest Nicholas Moundreas set for full redress. Twenty arrested in tanker protest Gibraltar may charge Greenpeace activists with dangerous navigation. Prestige master pleas for release Seafarers union is unwilling to pay precedent-setting $3.1m bail. P&O heads west UK shipping group buys two Canadian port ventures. Concordia cautious on new orders Charters must come before shipbuilding contracts says Lars Carlsson. Mahart privatisation moves closer Long-mooted sell-off of Hungarian owner cleared by privatisation agency. Safmarine hits the order trail AP Moller keeps $80m plus contract for three new containerships in house. High scrap price not luring tanker owners Roaring freight market keeps vessels from the breakers' beaches. Greenpeace boards tanker in Gibraltar Greek-owned aframax chosen for single hull protest in Algeciras Bay. Wan Hai sells convertible bonds Five-year issue aims to raise $125m for Taiwanese boxship player. Essar grows earnings Stronger freight rates start to kick in across all sectors for Indian owner. Torm offloads handymax Danish owner to book gain on sale, reportedly to Evangelos Pistiolis' Primal Tankers. Canada detains six in December Port state checks lead to Greek bulker being held twice with defective fire pump and emergency generator. P&O pulls Trinidad cruises over terror fears UK government warning over terrorism prompts itinerary rethink. UBS Warburg cuts Star earnings Threat of war and weakening US confidence blamed for downward revision of net profits. EC to push ahead with polluter legislation Commission head Romano Prodi says plans to be considered in next few days. Teekay eyes fresh round of fundraising Aframax giant looks to raise up to $500m from the sale of shares and stock to finance acquisitions. Seabulk bolsters offshore fleet Florida owner purchases a PSV newbuilding and charters two ships from the Labroy Group.