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Shipping News

Indonesia still top hotspot for piracy
INDONESIA once again has the dubious honour of topping the ranks in global piracy with 27 per cent of world-wide attacks - including the most violent - occurring within its waters, according to the ICC International Maritime Bureau.
PSA's Belgian unit wins legal tussle in expansion project
PSA's Belgian port operations subsidiary Hesse Noord Natie faces one less challenge to its expansion ambitions after a Flemish court threw out an anti-development appeal by neighbouring Belgian villagers.
Greenpeace USA indicted by federal grand jury
GREENPEACE USA has been indicted by a federal grand jury in Miami following an incident in April 2002 in which two of its activists boarded a container ship belonging to Neptune Orient Lines .
HK's new terminal faces mainland competition
HONG Kong's Container Terminal 9, which opened on Tuesday, may struggle to attract ships as lower rates at rival terminals in southern China threaten the city's status as the world's busiest seaport, analysts and investors said.

Air and Land Transport

UPS Q2 profit up 13% on boost from int'l business
UNITED Parcel Service Inc , the world's largest package-delivery company, said profit in the second quarter rose 13 per cent as currency gains boosted earnings from outside the US.
BA faces strikes after union talks fail to resolve dispute
Star hopes Air China will join alliance soon
KLM gets employees' nod to start job cuts
Asiana Air fined for violating disclosure rules
LOG Book

Newbuilds

Stena revolution continues, although rather slowly
WHEN, a few years ago, the president of Concordia Maritime, a tanker company within Sweden's Stena Group, announced the V-Max VLCC he did so with the fervour of a revolutionary.

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Shipping News

Indonesia still top hotspot for piracy
INDONESIA once again has the dubious honour of topping the ranks in global piracy with 27 per cent of world-wide attacks - including the most violent - occurring within its waters, according to the ICC International Maritime Bureau.
PSA's Belgian unit wins legal tussle in expansion project
PSA's Belgian port operations subsidiary Hesse Noord Natie faces one less challenge to its expansion ambitions after a Flemish court threw out an anti-development appeal by neighbouring Belgian villagers.
Greenpeace USA indicted by federal grand jury
GREENPEACE USA has been indicted by a federal grand jury in Miami following an incident in April 2002 in which two of its activists boarded a container ship belonging to Neptune Orient Lines .
HK's new terminal faces mainland competition
HONG Kong's Container Terminal 9, which opened on Tuesday, may struggle to attract ships as lower rates at rival terminals in southern China threaten the city's status as the world's busiest seaport, analysts and investors said.

Air and Land Transport

UPS Q2 profit up 13% on boost from int'l business
UNITED Parcel Service Inc , the world's largest package-delivery company, said profit in the second quarter rose 13 per cent as currency gains boosted earnings from outside the US.
BA faces strikes after union talks fail to resolve dispute
Star hopes Air China will join alliance soon
KLM gets employees' nod to start job cuts
Asiana Air fined for violating disclosure rules
LOG Book

Newbuilds

Stena revolution continues, although rather slowly
WHEN, a few years ago, the president of Concordia Maritime, a tanker company within Sweden's Stena Group, announced the V-Max VLCC he did so with the fervour of a revolutionary.

web site

Shipping News

Indonesia still top hotspot for piracy
INDONESIA once again has the dubious honour of topping the ranks in global piracy with 27 per cent of world-wide attacks - including the most violent - occurring within its waters, according to the ICC International Maritime Bureau.
PSA's Belgian unit wins legal tussle in expansion project
PSA's Belgian port operations subsidiary Hesse Noord Natie faces one less challenge to its expansion ambitions after a Flemish court threw out an anti-development appeal by neighbouring Belgian villagers.
Greenpeace USA indicted by federal grand jury
GREENPEACE USA has been indicted by a federal grand jury in Miami following an incident in April 2002 in which two of its activists boarded a container ship belonging to Neptune Orient Lines .
HK's new terminal faces mainland competition
HONG Kong's Container Terminal 9, which opened on Tuesday, may struggle to attract ships as lower rates at rival terminals in southern China threaten the city's status as the world's busiest seaport, analysts and investors said.

Air and Land Transport

UPS Q2 profit up 13% on boost from int'l business
UNITED Parcel Service Inc , the world's largest package-delivery company, said profit in the second quarter rose 13 per cent as currency gains boosted earnings from outside the US.
BA faces strikes after union talks fail to resolve dispute
Star hopes Air China will join alliance soon
KLM gets employees' nod to start job cuts
Asiana Air fined for violating disclosure rules
LOG Book

Newbuilds

Stena revolution continues, although rather slowly
WHEN, a few years ago, the president of Concordia Maritime, a tanker company within Sweden's Stena Group, announced the V-Max VLCC he did so with the fervour of a revolutionary.

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Evergreen orders 10 post-Panamax vessels from MHI Canada looks to revise cargo reporting times Maersk takes C-TPAT on logistics arm Ningbo Fareast Shipping Agency begins operations MISC finally swoops on American Eagle Elite launches new expanded management system White House post for Pacer man US trucking fatalities take 2002 tumble DHL signs deal with Tradeport and gains additional capacity Bangkok to host Air Freight Asia 2004 US government aid helps Alaska in second quarter

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Mercator Lines bags MRPL's deal to transport LNG from Iran STC exports 50,000 tonnes of white sugar to Indonesia Wheat exports to Iraq may resume India & Angola to cooperate in pharma, healthcare & manufacturing sectors Exports of iron ore up by modest 1.2 pc Iran invites Gail, IOC for LNG sourcing parleys Andhra govt all set to sign pact for Gangavaram port MICT offers competitive rates to lure shipping lines Now, a yardstick to gauge trade/export confidence from DHL Concor plays stellar role by clearing backlog - Pendency of ICD import boxes at NSICT CONCOR links CCT to northern hinterland Rains brighten grains output, export prospects Comprehensive sugar policy for all states soon Some drugs exempted from price control Powerloom parks to come up in four states Core sector growth gains momentum A tide in the affairs of the shipping sector

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JULY 23, 2003
Tight avails keep East Coast high Gulf Coast softens with yesterday's crude and cargo losses US oil stock decline seen as neutral in consolidating market Weekly statistics on US stocks of crude and oil products out today look quite bullish at first glance, but were evidently not bullish enough to shake the corrective mood in the oil market straight away. New Saudi posted prices, markets soft Its official: EU adopts single-hull legislation ahead of IMO The Council of the European Union yesterday formally adopted new European-wide regulation regarding the phase-out of single-hull tankers, the Condition Assessment Scheme and a ban on the transport of heavy grades of oil in single-hull tankers. IMO's MEPC is due to meet in December to discuss similar proposals. GAC: Weekly African market report Istanbul: Buyers sit on fence as market drops Healthy Greece slips lower Egyptian prices ease along with tight gasoil avails Korea stays quiet - for the time being Crude moves sideways after big sell-off, eyeing US data Crude prices fell sharply yesterday as the sell-off got a further boost on reports that both Saddam Hussein's sons were killed in Iraq yesterday. Rotterdam barges tight following big demand

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JULY 23, 2003
Fewer illegal discharges in German waters "Norway" out of business for a year New fairway dues proposed in Sweden

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JULY 23, 2003
Austal demonstrates its diversity Vessel portfolio covers a broad spectrum

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JULY 23, 2003
Giant container cranes unloaded at Port of Seattle Evergreen Group orders ten 6,724TEU container vessels Washington governor announces he will not run for third term Kalama set to receive $20,000 Forest Service grant Matson Navigation Company names Andrasick president and CEO

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Penn to succeed Buckley as Baltic chief THE Baltic Exchange has appointed Jeremy Penn, formerly with Reuters, as its next chief executive, to succeed Jim Buckley in the spring of 2004. European single hull ban in force within weeks CONTROVERSIAL steps to accelerate the phasing out of single hull tankers and ban them from entering European ports will be in force by the end of next month after the European Union's Council of Ministers this week gave its definitive approval to the new regulation. Poten behind new $250m LNG import plant in US Poten & Partners, the New York-based shipbroking and consultancy group, is behind a new $250m LNG import terminal project in the US. Bahamas and Greece agree to collaborate with class on safety standards for new ships A NEW accord between the Bahamas and Greece and the International Association of Classification Societies appears to have defused the row which broke out last year at the International Maritime Organisation. Pellicari quits Costa and may go to MSC COSTA Crociere senior vice-president Franco Pellicari has resigned after 48 years with the Italian cruise company.

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JULY 23, 2003
Dutch postpone Pelican rescue Costa prepares for boom-time Congestion hits food aid port Van der Giessen MD hits back CSL joins Pakistan trade US reveals port inspection details USCG defends plan acceptance Iranian LNG for India Baltic fixes new chief exec New name for Baltic operator Coalition plans Iraq Exim bank Protest alert at Malta Drydocks Mumbai launches insurance salvo Indian tanker ban will stay Chinese imports to outpace exports EC investigates German road tolls Mundra gets feeder service Conversion furore erupts in Brazil

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JULY 23, 2003
Customs issues cargo-reporting rules Long-awaited rules require advance electronic reporting of cargo data for all transportation modes. Maher: Increased cargo not a 'given' The next contract between the International Longshoremen's Association and waterfront management in Atlantic and Gulf ports will influence the port industry's health for decades to come, terminal executive says. Hong Kong forecasts 20M TEUs in '03 Hong Kong expects the opening of a new terminal to cement its position as the world's busiest container port. Raymond supports SEA-21 program Hollings wants extra $300M for port security Norfolk Southern earnings gain Canadian Pacific Railway profits plunge TSA issues new transport ID card Hanjin adds new trans-Pac ship Pakistani airline offers express Growth for Marshall Islands register Exel acquires Brazil healthcare logistics business Freightquote.com adds ocean services

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JULY 23, 2003
Maersk, Concor launch India's largest ICD this month Maersk India and Container Corporation of India (Concor) are to open a 1m TEU inland container depot (ICD), one of Asia's largest, at Dadri near New Delhi by the end of July. Second typhoon halts Hong Kong container opeations Hong Kong's Kwai Chung port came to a standstill at 17:00hrs today as workers battened down hatches and lashed containers and loose equipment ahead of the arrival of Typhoon Imbudo. New Teamsters leader to push organisation of port drivers Charter rate gains accelerate again US, Canada launch harmonised manifest rules for all modes May deadline for first box berths at S.Korea's Kunsan port Strict security surrounds re-opening of Iraqi port Hanjin deploys China/America newbuild, awaits five more Star Evviva fuel spill to cost US$2m Wan Hai orders newbuilds for 2005 Zim collision vessel to be refloated tomorrow Senator Murray seeks broader brush for OSC funding

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JULY 23, 2003
Turks & Caicos issues first safety certificate Caribbean island on its way to meeting standards of Hamilton Report. Salvors set to refloat Pelican 1 Ofer containership destined for transfer to Flushing by Friday. OMI profits soar Revenues leap as company predicts "excellent" year. Stelmar profits dip Net result falls after loss on sale of Handymax. Ex-Reuters manager takes Baltic helm Jeremy Penn named as chief executive of London shipping exchange. Scandlines takes over Ventspils run Danish-German ferry owner charters ship to resume severed link between Latvia and Sweden. Delays expected at Panama Canal Advanced booking advised as lock overhauls reduce capacity in August. "Extreme negligence" in Express Samina sinking Greek accident investigators blame four officers for ferry tragedy that killed 80 people. New feeder service for Shreyas Shipping Indian container line looks to capitalise on potential growth from Mundra terminal. Boom time for Teekay Vancouver-based tanker giant rides first-half rate surge to post huge profit. Dutch yard faces more job cuts IHC Caland's Van der Giessen-de Noord could lose workers if domestic orders do not pick up. Mitsubishi confirms boxship bonanza Japanese yard to deliver ten giant containerships to Taiwan's Evergreen by 2007. Woe continues at FOE Norwegian shipowner and shipyard group Fred. Olsen Energy remained in red in first six months. Americans hold Kliomar Stelmar tanker held for a second time in a month as USCG holds nine over PSC deficiencies. NOL completes AET sale to MISC Singapore flagship carrier formalises transfer of American Eagle Tankers to Malaysian shipowner. HUBLine signs up at Jurong Malaysian intra-Asian operator becomes the latest to call at Singapore's other container terminal. STX secures IHI Marine engine haul Engine builder wins a clutch of gen-set plant orders from Japanese builder for boxships and bulkers. SembLog and Heung-A ink joint venture Logistics firm and shipowner team up to offer supply chain management in Korea.

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JULY 23, 2003
CMA CGM joins CSAV in new Asia/Africa/South America loop Evergreen joins New World Alliance on Asia/U.S. East Coast APL reports continued rise in rates OECD: Global maritime security to cost $730 million a year Teekay reaps profits from tanker shipping recovery EC probes state financial help to ABX Logistics