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Shipping News

San Francisco's waterfront project gets green light
A key element of San Francisco's US$270 million waterfront project has been given the go-ahead, clearing the way for the two-phase project to begin, which ultimately will see an international cruise terminal open by 2008.
Jurong, PSA to link on-line transaction systems next month
FLEDGLING container facility Jurong Port and dominant terminal operator PSA Corporation will finally integrate their online transaction systems next month, paving the way for hassle-free cargo flows between Singapore's two competing ports.
Regional cruising back to normal: M'sian minister
MALAYSIA laid out the red carpet for the 'homecoming' of Star Cruises' SuperStar Virgo yesterday as the cruise ship called at two Malaysian ports after a three-month break.

Air and Land Transport

BA struggles to clear passenger backlog
BRITISH Airways was battling to clear a backlog of frustrated passengers stranded overnight at London's Heathrow Airport in the wake of a wildcat strike by check-in staff over the weekend.
Manila sees little impact from US open skies pact
Vietnam Airlines inks deal to buy B777
Air Canada gets better lease terms for 12 planes
Southwest Airlines orders 15 Boeing 737s
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Strait Talk

Treat IMO tanker compromise with caution
SO it looks as though just enough common ground might have been found at last week's International Maritime Organisation meeting in London to avoid a damaging split between Europe and the rest of the shipping world.

web site

Shipping News

San Francisco's waterfront project gets green light
A key element of San Francisco's US$270 million waterfront project has been given the go-ahead, clearing the way for the two-phase project to begin, which ultimately will see an international cruise terminal open by 2008.
Jurong, PSA to link on-line transaction systems next month
FLEDGLING container facility Jurong Port and dominant terminal operator PSA Corporation will finally integrate their online transaction systems next month, paving the way for hassle-free cargo flows between Singapore's two competing ports.
Regional cruising back to normal: M'sian minister
MALAYSIA laid out the red carpet for the 'homecoming' of Star Cruises' SuperStar Virgo yesterday as the cruise ship called at two Malaysian ports after a three-month break.

Air and Land Transport

BA struggles to clear passenger backlog
BRITISH Airways was battling to clear a backlog of frustrated passengers stranded overnight at London's Heathrow Airport in the wake of a wildcat strike by check-in staff over the weekend.
Manila sees little impact from US open skies pact
Vietnam Airlines inks deal to buy B777
Air Canada gets better lease terms for 12 planes
Southwest Airlines orders 15 Boeing 737s
Log Book

Strait Talk

Treat IMO tanker compromise with caution
SO it looks as though just enough common ground might have been found at last week's International Maritime Organisation meeting in London to avoid a damaging split between Europe and the rest of the shipping world.

web site

Shipping News

San Francisco's waterfront project gets green light
A key element of San Francisco's US$270 million waterfront project has been given the go-ahead, clearing the way for the two-phase project to begin, which ultimately will see an international cruise terminal open by 2008.
Jurong, PSA to link on-line transaction systems next month
FLEDGLING container facility Jurong Port and dominant terminal operator PSA Corporation will finally integrate their online transaction systems next month, paving the way for hassle-free cargo flows between Singapore's two competing ports.
Regional cruising back to normal: M'sian minister
MALAYSIA laid out the red carpet for the 'homecoming' of Star Cruises' SuperStar Virgo yesterday as the cruise ship called at two Malaysian ports after a three-month break.

Air and Land Transport

BA struggles to clear passenger backlog
BRITISH Airways was battling to clear a backlog of frustrated passengers stranded overnight at London's Heathrow Airport in the wake of a wildcat strike by check-in staff over the weekend.
Manila sees little impact from US open skies pact
Vietnam Airlines inks deal to buy B777
Air Canada gets better lease terms for 12 planes
Southwest Airlines orders 15 Boeing 737s
Log Book

Strait Talk

Treat IMO tanker compromise with caution
SO it looks as though just enough common ground might have been found at last week's International Maritime Organisation meeting in London to avoid a damaging split between Europe and the rest of the shipping world.

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Qindao to break into world's top ten with US$1b expansion FMC wary of Sinotrans exemption call Hit breaks productivity record New era as `tufted duck' takes flight HubLine now calling at Jurong Suez container terminal sets timeframe for operations Andrasick to head up Matson Navigation China Southern sees domestic boom in wake of Sars Lufthansa Cargo moves to new JFK base Kitty Hawk expands service to Alaska Emirates' sky-cargo.com goes Russian

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Shipping sector must drive home its needs & demands, stresses D. T. Joseph Maruti Shipping clears first export container at MICT Shreyas Shipping announces weekly feeder service between NSICT & Mundra Port Containership charter rates soar to 7-year highs Global steel offtake set to reach record 800 m tonnes Apparel exports post heartening 23 pc spurt in January-June Surge in imports from Africa, CIS, E. Europe & Israel Tyre exports roll up by 42 pc Kandla Port handles 10.07 m tonnes in fiscal Q1; posts 7.3 pc growth New single-day national record in cargo handling National Tribunal to look into PLR issue for Major Ports CONCOR's ICD-Guntur plans exports to Bangla by rail-road - Substantial savings on time & freight assured Fieo moots 5-pt formula to help exporters remain in global market Foreign trade procedures being streamlined MoF lowers compounding fee for tax defaulters Rice exporters upbeat despite FCI price hike New steel policy in offing DCI & S office closed

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JULY 22, 2003
ARA market falls with crude, improved avails foreseen Bunker prices plummeted in Rotterdam today in line with sharply lower prices in the barge market. The drop in the fuel oil barge market seems to have been inspired not only by weaker crude futures, but also signs that cargo availability is improving in the region after a bit of a squeeze so far this month. Further cargo fall suppresses demand in Fujairah CGES calls on OPEC for more oil The Centre for Global Energy Studies suggests that OPEC needs to increase production by around 1 million barrels per day (bpd) sometime this year to help rebuild low global inventories and stop Brent crude prices from rising above $30 per barrel. Hong Kong awaits typhoon, Taiwan prices come down Singapore sharply down at close Rotterdam sharply lower on crude/barge market Oil gives up gains as funds bow out

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Container-Terminal Altenwerder: New management Eurogate with new feeder service New air cargo buildings open at JFK Airport Sydney to upgrade intermodal links SGS generates more profit

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JULY 22, 2003
New Scandline service between Sweden and Latvia Greenpeace indicted in USA Significant growth in Marshall Islands register

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JULY 22, 2003
MO moves towards accelerated single hull phase out But will EU accommodate to any IMO changes to its proposals? S/S Norway out of service until 2004 Long lead time for replacement boiler manufacture Price of maritime security Maritime security measures will require an initial investment by ship operators of at least $1.3 billion says an OECD report. NASSCO awarded fourth T-AKE $287,607,091 fixed-price-incentive modification under previously awarded contract.

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Arroyo leads effort to repair maritime image after exam scandal PHILIPPINES President Gloria Macapagal-Arroyo has taken the lead in attempting to rehabilitate her country's maritime image following last year's marine deck officers' examination scandal. France stays defiant over stance on single hulls France has warned that it will continue to push single hull tankers carrying heavy fuel oil outside its 200-mile economic exclusion zone in line with the decision it took jointly with Spain last December in Malaga. Germany accuses insurers of illegal pricing GERMANY'S federal cartel office has confirmed that it has sent "accused letters" to seven large insurers over illegal pricing practices in industrial insurance. Bentley says security funding gap will cause US trade crisis WASHINGTON'S penchant for showering the aviation industry with billions of dollars for homeland security, while expecting the maritime sector to pay for the same measures itself, could have disastrous economic consequences for US trade, a senior industry figure has warned.

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JULY 22, 2003
CSAV has yen to grow Norway out of operation for year Sydney smashes box record Inglorious ending to scrap voyage Med operators face ferry fines N Americans catch short-sea bug Adelaide bunker supplies dry up Broker confirms Cory sale talks Hong Kong's new CT9 opens Umm Qasr operations picking up Ill-fated Aratere holed up US owners boost Marshall Is growth

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JULY 22, 2003
Astar asks DOT to drop DHL case The cargo airline formerly known as DHL Airways asked the Department of Transportation to dismiss its investigation into the carrier's ownership. UPS profit up 13 percent Export business drives improvement amid weak U.S., Europe economies. Early ILA contract sought The International Longshoremen's Association and Atlantic and Gulf ports employers say they are committed to seeking an early settlement of a coastwide master contract to replace the one that expires in late 2004. Fuel hits BNSF quarter TSA readies third round of port security grants Key Congressman opposes total air-cargo screening CNF roiled by domestic weakness British Airways cargo threatened by dispute DHL's Airborne buy clears antitrust hurdle Stronger dollar tips Canadian National income Evergreen orders 10 post-Panamax ships NOL completes sale of tanker unit to MISC Elite Group rolls out upgraded export system

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JULY 22, 2003
Former FMC Chairwoman hammers port security 'tax' burden on terminals and port authorities Helen Bentley, former Chairwoman of the Federal Maritime Commission, today attacked legislation that requires terminal owners and seaports to pay for the US's maritime security overhaul. Grandees discuss HK's future as first CT9 berth opens Government and industry decision makers attending the opening of Hong Kong's Container Terminal 9 (CT9) today painted a rosy picture of the port's future, in spite of strong competition. HK shippers prepare for latest raft of US security demands Rio de Janeiro hinterland link 'will boost port volumes 50%' State backs crucial Melbourne dredge, as cost doubles Santos port workers accept 20% pay rise - strike averted Nhava Sheva bidders don't want to share the spoils OECD seeks silver lining as it quantifies multi-billion dollar vessel security costs US, Canada to beat border delays with short sea shipping Toll resists pressure to boost Tranz Rail valuation

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JULY 22, 2003
DVB sees profits up Ship finance continues to rule portfolio. Seabulk notes issue draws 'B2' grade from Moody's Ratings agency cites 'strong management,' but high debt and fleet needs. Tricolor carve-up is underway Improved weather allows $40m plan to slice car carrier into nine sections to begin. Univan tanker detained UK holds Hong Kong managed vessel with 28 deficiencies. Tidewater stays in black Offshore operator sees little change from first-quarter performance. Varna deal "done within two weeks" Navibulgar chairman Slaveyko Staykov expects to complete sale of company's shipyard soon. Scrap prices surge Shortage of tonnage pushes tanker levels up, as European Navigation sells VLCC. Major setback for Norway Asbestos contaminated cruiseship faces further threat to survival. North-Western slims down Russian tanker owner sells three port and shipping units to construction group LSR. NSCSA doubles its money Saudi tanker owner's VLCCs push profits up in first half. French ministers back HDW bid Defence and finance chiefs want French interests to buy German yard to boost consolidation across Europe. Teekay recruits oil chief Tore Sandvold swaps the North Sea for tanker shipping industry. Marmaras bulker held with structural defects Cypriot-flagged ship spends four days in Vancouver after failing port state control inspection. Royal Caribbean dubbed "the floating toilet" Environmental group to target cruise line over issue of sewage disposal. CSDC bullish on 2003 interims China Shipping Group's Hong Kong-based arm forecast a 50% improvement on 2002 figures. US and Canada ink short sea plan With forecasts of a dramatic increase in freight traffic neighbours look to shift more cargo onto ships.

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JULY 22, 2003
Collins: Coast Guard vows rigorous targeting of high-risk ships Evergreen orders 10 mega-ships for fleet APL, MOL rejoin Evergreen in Asia/U.S. East coast CP Ships expects higher profit U.S., Canada to cooperate on short-sea shipping Hanjin adds larger ship on transpacific link China Shipping Development benefits from selling CSCL shares IMO environmental panel backs earlier tanker phase-out Grand jury indicts Greenpeace for boarding cargo ship Judge sentences Taiwanese shipowner for dumping waste Geest Ireland, Norfolkline plan Dublin/Rotterdam service Andrasick confirmed as Matson CEO U.S./Caribbean shipping lines raise rates Airborne: Waiting period under Hart-Scott-Rodino act ends SEC clears Pacer's registration statement for stock offering U.S. Customs issues advance manifest rules Vastera appoints Boyce VP finance BAX Global names Novak to run new Prague office CNA, Fountainhead offer integrated cargo insurance Exel acquires Brazil health care logistics business Savi, Matrics collaborate on RFID system USTR starts 2003 review of China's WTO compliance U.S. cautious about reopening of Canadian beef imports Raymond, Bentley speak at ILA convention First berth of Hong Kong's CT9 terminal opens Coast Guard sets security zones for LNG tankers in Chesapeake HIT breaks productivity record Work starts on Suez Canal box terminal Hutchison acquires control at Mexico's Lazaro Cardenas Port of Long Beach's traffic volume still falling TSA accepting port security grant applications Seattle, Tacoma ports receive Operation Safe Commerce grants P&O, COSCO, Moller in joint Qingdao box terminal venture