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Shipping News

S'pore eases port security measures for vessels
THE port of Singapore has eased security-related commercial vessel movement restrictions implemented around the start of the US-led war in Iraq, but has maintained tight scrutiny of pleasure craft activities.
Hutchison Whampoa owns 6.06% stake in Orient Overseas Int'l
HUTCHISON Whampoa has revealed it owns a small stake in Hong Kong-listed Orient Overseas International , the parent of shipping line Orient Overseas Container Lines.
Cruise ship in Hawaii searched after threat
HAWAII officials searched the cruise ship Legends of the Sea, with 1,668 passengers aboard, from stem to stern after discovering two handwritten threatening letters left in a restroom, the FBI said.

Air and Land Transport

Bankruptcy judge suspends Air Canada job cuts
AIR Canada, which won protection from creditors on April 1, has been ordered to suspend 200 planned job cuts and will have until June 30 to complete its restructuring, an Ontario judge ruled.
Northwest seeks US$1b cost cuts
New CEO of American acts to salvage talks
Sabena sale starts, setting stage for Magritte auction
Log Book

Liner Scene

Sars: nasty surprise for shipping
REMEMBER the old saying about the light at the end of the tunnel turning out to be a train coming the other way? Well, liner shipping executives could be excused for feeling that applies to their industry right now.

web site

Shipping News

S'pore eases port security measures for vessels
THE port of Singapore has eased security-related commercial vessel movement restrictions implemented around the start of the US-led war in Iraq, but has maintained tight scrutiny of pleasure craft activities.
Hutchison Whampoa owns 6.06% stake in Orient Overseas Int'l
HUTCHISON Whampoa has revealed it owns a small stake in Hong Kong-listed Orient Overseas International , the parent of shipping line Orient Overseas Container Lines.
Cruise ship in Hawaii searched after threat
HAWAII officials searched the cruise ship Legends of the Sea, with 1,668 passengers aboard, from stem to stern after discovering two handwritten threatening letters left in a restroom, the FBI said.

Air and Land Transport

Bankruptcy judge suspends Air Canada job cuts
AIR Canada, which won protection from creditors on April 1, has been ordered to suspend 200 planned job cuts and will have until June 30 to complete its restructuring, an Ontario judge ruled.
Northwest seeks US$1b cost cuts
New CEO of American acts to salvage talks
Sabena sale starts, setting stage for Magritte auction
Log Book

Liner Scene

Sars: nasty surprise for shipping
REMEMBER the old saying about the light at the end of the tunnel turning out to be a train coming the other way? Well, liner shipping executives could be excused for feeling that applies to their industry right now.

web site

Shipping News

S'pore eases port security measures for vessels
THE port of Singapore has eased security-related commercial vessel movement restrictions implemented around the start of the US-led war in Iraq, but has maintained tight scrutiny of pleasure craft activities.
Hutchison Whampoa owns 6.06% stake in Orient Overseas Int'l
HUTCHISON Whampoa has revealed it owns a small stake in Hong Kong-listed Orient Overseas International , the parent of shipping line Orient Overseas Container Lines.
Cruise ship in Hawaii searched after threat
HAWAII officials searched the cruise ship Legends of the Sea, with 1,668 passengers aboard, from stem to stern after discovering two handwritten threatening letters left in a restroom, the FBI said.

Air and Land Transport

Bankruptcy judge suspends Air Canada job cuts
AIR Canada, which won protection from creditors on April 1, has been ordered to suspend 200 planned job cuts and will have until June 30 to complete its restructuring, an Ontario judge ruled.
Northwest seeks US$1b cost cuts
New CEO of American acts to salvage talks
Sabena sale starts, setting stage for Magritte auction
Log Book

Liner Scene

Sars: nasty surprise for shipping
REMEMBER the old saying about the light at the end of the tunnel turning out to be a train coming the other way? Well, liner shipping executives could be excused for feeling that applies to their industry right now.

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NYK to charge a correction fee on US, Canada bound shipments K Line group to merge logistics units in October FedEx opens new centre in El Paso, US Hapag-Lloyd orders three new vessels from Hyundai Heavy Ron Forest promoted to senior VP of Matson Navigation US$26.7m HKIA relief package not enough: airline group AMR reports Q1 loss of US$1.04 billion, Don Carty resigns RTW appointed cargo GSA for Dutch Caribbean

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No tax on export services Hike in turnover limit to exempt most traders from VAT VAT delay puts question mark over CST cut Incentives for some textile items being worked out Jaswant promises relief to weavers Sea King Int'l partners with Videocon, Hiranandani & Avinash Bhosale group for MMSEZ Steering panel widens TUF scheme scope to include more items Drugs, footwear VAT rates reduction to 4 pc favoured Exporters lift 104 lakh tonnes of wheat in April-Dec 2002 Exports of synthetic & rayon textiles grow by 31 pc in April-Jan. 2002-03 SARS alert at Mumbai Port Kohli lays out the tasks ahead - 'Role of CONCOR in Multimodalism'-theme of 5th AMTOI Lecture Series Reefer containers introduced Move to set up 6 land customs stations in border areas Foreign Trade Analysis - By Mr. M Sreedharan IMC & EICI organise workshop on issuance of certificates of origin on April 30 Nationwide strike planned on May 21

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APRIL 25, 2003
Oil little changed, OPEC basket at 5-month low Rotterdam market stays flat in line with barge offers Istanbul settles lower amid sluggish demand Baltic market snapshots

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APRIL 25, 2003
Salvesen disposes of German division Norfolk Southern Reports First-Quarter 2003 Results Kitty Hawk launches San Francisco service China Southern move express mail from Belgium to Shanghai CP Ships' first quarter loss

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APRIL 25, 2003
Formal takeover at Bergesen d.y. B&N still in the red Vessel built for drug smuggling

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APRIL 25, 2003
More ferry services for NYC New York City is set to get more ferry services as part of a bold new plan for the revitalization of Lower Manhattan. Increased security on the rivers A new Inland Rivers Vessel Movement Center (IRVMC) in St. Louis, is playing an important part in increasing security on the river system. Bergesen orders gas carriers Two from Daewoo at $41.4 million each Legend cleared to sail Security sweep after threatening letters found

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Greenpeace awaits waste ruling A CHEMICAL tanker abandoned in the Danish port of 'arhus for the past two years could be about to set another precedent in the debate on whether to view ships as hazardous waste prior to scrapping, writes Brian Reyes in Gibraltar. Owner forecasts lift the profit gloom TWO of the world's top shipowner groups have adjusted their profits forecasts on the back of stronger container and tanker markets in the early weeks of this year. Statoil set to sell off UK fields NORWEGIAN oil company Statoil is seeking to optimise its international portfolio with asset sales, which could include producing fields in the UK North Sea. Exmar pool in $200m LPG splash FIVE gas carriers costing more than $200m are being ordered from South Korea by three owners in the Exmar-managed pool for medium-sized vessels.

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APRIL 25, 2003
Møller 'confident' for 2003 profit Iranian non-oil exports 'stagnant' SARS: Sri Lanka stops shore leave Pirates hammer Haina Odfjell tanker in Mississippi bump Shipping celebs join Gorthon board Exxon aids shrinking PDVSA Inspection today on 'anthrax' ship US trade policy 'politicised' Ta-Tong fined $750,000 for dumping Regal debts reach $1M Grimaldi smarts over Spanish unions Pakistan eases Afghan transit trade Coal fires Ennore upgrade plan Volgotanker counts cost of winter Finnlines predicts better times Don't tamper with TAMP MOL revises forecasts up Antwerp to re-launch break-bulk traffic Sovcomflot reassesses Baltic ferries Bridge team blamed for Bluff SARS: North Korea stops cruise Taxmen target Indian breakers Aqaba slashes rates for Iraq cargo

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APRIL 25, 2003
Trans-Pacific carriers will share voluntary rate guidelines with shippers In an unusual move, trans-Pacific carriers have agreed to share with the nation's largest shipper organization documentation calling for rate increases of as much as 50 percent for imports from Asia this year. Express powers TPG earnings The Dutch company overcame difficult economic conditions in all its businesses with first quarter net income rising 2.8 percent to $161.7 million. AMR chief Carty resigns DHS announces El Paso fast lane International Shipholding profit rises Northwest cargo cuts fuel surcharge Customs corrects start date for e-drawback Italian forwarder expands in U.S. Bangladesh urged to scrap cargo preference rule Hapag-LLoyd gets trio of boxships Wantanabe joins Matson board Chinese airlines order 30 airbus jets

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APRIL 25, 2003
Costs drive Hamburg Sud service out of Buenos Aires Hamburg Sud is pulling its Alianca Navegacao e Logistica East Coast South America coastal service out of Buenos Aires because of 'exorbitant port and transit costs', ci-online can reveal. Chinese, Korean carriers carve up Inchon/China routes The Yellow Sea Liners Committee has announced that a framework for deploying boxships between Inchon and China, formerly the preserve of ferries, was finally agreed at a meeting today. Conflicting pressures reshape MOL results forecast Chittagong mayor reasserts opposition to SSA concession Korean province convinces line to operate loss-making Japan link Hapag's 8,000TEU newbuild binge ensures seat at top table Santos rail link sees volumes surge ahead Key port operators join SST security technology consortium

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APRIL 25, 2003
Tanker tedium Public companies share prices fail to keep pace with earnings in strong reporting week. Cruise fever? Not a good thing for passengers with Toronto ties as SARS scare spreads. Clean-up not needed in Odfjell's US spill Coast Guard says chemical has mostly dissipated from Mississippi's waters. Hapag-Lloyd orders giant trio in Korea German container line chooses Hyundai Heavy Industries to build three 8,000-teu boxships. Odfjell tanker in chemical spill Xylene cargo pollutes Mississippi after collision with grain barge. Volgotanker mulls Palmali takeover Russian owner's cooperation with Turkey-based group in Caspian could herald further ties. Peraticos demands jail for killers Elderly shipowner warns that son's murderers remain dangerous. Navibulgar sell-off awaits royal blessing Bulgarian PM and former king Simeon Saxe-Coburg-Gotha to devise strategy to offload stake in national owner. Rosneft to boost Russian products exports Newly expanded state-owned giant buying unfinished Far East Pacific port. Bergesen confirms LPG newbuildings Norwegian owner books in two ammonia carriers at Daewoo for $82.8m. North-Western plunges to loss Russian owner blames falling cargo volumes for dive into the red last year. Actinor redeems bond But last minute snag delays payout by extra two days. AP Moller says profit to hold for 2003 Danish giant finally nails a number to this year's forecast. Three crew missing after collision off China Tanker sinks off Zhejiang province, but 15 people rescued. Ocean Tankers inks MR options Singapore-based owner increases Korean handysize product tanker order to four ships. Profit boost for Unitor Norwegian ship supplier wins new cruise and tanker contracts. Marine E&O rates steady ITIC seeks no increase in negligence premium for shipbrokers and managers. K Line to merge logistics units Shipowner targets bigger share of western Japanese harbour transport and ship agency business. MOL revises results forecast Japanese economic woes hit company investments where it hurts.

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APRIL 25, 2003
A.P. Moller expresses more optimism about 2003 profits MOL promotes Hojo, Sato and Ashida to deputy presidents Stock market hits MOL's net profit for 2002/2003 Tote's "Midnight Sun" starts maiden voyage Bimco launches database for dry bulk cargo AGOTC to hold annual meeting june 6 International Shipholding sees first-quarter rebound Schubert praises Europeans for use of short-sea freight transport FMC allows OTI groups' briefs on Sea-Land case Rakkenes, Larsson join board of Gorthon Lines Bergesen's board of directors recommend takeover Safmarine re-enters Africa/Europe timber shipping market NYK adds cargo manifest amendment fee Matson lowers its fuel surcharge Pilot air freight promotes two Exel joins air cargo portal cooperative Northwest reduces fuel surcharge Fedex Freight starts Asia-to-U.S. ocean freight service Dana Corp. picks Kuehne & Nagel as primary air cargo forwarder Emirates partners with U.S. freight forwarder DOT seeks security advice DOT agency revises 60-year-old rule on truck driver hours Truck-size radiation detectors installed on Canada border WCO asks members to look out for looted Iraqi antiquities Log-Net promotes Painter, Evanchik to sales roles Geologistics names Williams to direct global bids U.S., Hong Kong governments discuss export controls U.S. Customs postpones Hong Kong CSI team Hong Kong logistics group takes stock of SARS outbreak Spanish dockers' unions to go on strike Baltimore ILA prepares for annual "ro/ro rodeo" Georgia Ports Authority continues on record teu pace Chinese container traffic boom continues unabated