BRIEFS

web site

Shipping News

S Korea's Busan port loses 2 key customers
CONGESTION and infrastructure deficiencies have lost South Korea's Busan port two key transhipment customers in moves that will cost 40 billion won in revenues this year alone.
Incheon sees more services to China
THE launch of container shipping service to China by the South Korean port of Incheon will help facilitate trade between the two countries, the Ministry of Maritime Affairs and Fisheries said.
Shippers face rising charges at Kandla port
EXPORTERS and shippers face mounting charges for up to another five days after India's busiest west-coast port, Kandla, reopened after heavy monsoon rains disrupted cargo handling for five days.
Globalisation will 'give further impetus to container traffic'
THE future for the shipping industry is relatively uncertain at the moment, but progressive globalisation would provide further impulses to container traffic, according to the head of container giant Hapag-Lloyd.
Panama Canal improves safety record
THE Panama Canal Authority has achieved record safety improvements despite an increase in tonnage and speedier transit times through the waterway.
US military chartering vessel to ship ammunition
THE US military has placed an order for a merchant ship to carry ammunition and material from Spain to West Africa, tender documents show, but US officials denied the shipment was meant for any operation in Liberia.

Air and Land Transport

Security the top concern as airlines seek Iraq flights
THIRTY airlines have expressed interest in flying into Iraq but security concerns around the country's airports make a smooth landing unlikely anytime soon, a coalition official said on Tuesday.
BA, unions hopeful of resolving crisis issues
Ryanair may halt Strasbourg flights pending court appeal
US, UK firms vie for China Airlines engine contract
MAS to resume China flights
China Eastern's July revenue doubles

Features

Hapag-Lloyd's cutting edge
HAPAG-LLOYD'S businesses today cover every possible aspect of transportation, counting Asia, America and Europe as its important markets.

web site

Shipping News

S Korea's Busan port loses 2 key customers
CONGESTION and infrastructure deficiencies have lost South Korea's Busan port two key transhipment customers in moves that will cost 40 billion won in revenues this year alone.
Incheon sees more services to China
THE launch of container shipping service to China by the South Korean port of Incheon will help facilitate trade between the two countries, the Ministry of Maritime Affairs and Fisheries said.
Shippers face rising charges at Kandla port
EXPORTERS and shippers face mounting charges for up to another five days after India's busiest west-coast port, Kandla, reopened after heavy monsoon rains disrupted cargo handling for five days.
Globalisation will 'give further impetus to container traffic'
THE future for the shipping industry is relatively uncertain at the moment, but progressive globalisation would provide further impulses to container traffic, according to the head of container giant Hapag-Lloyd.
Panama Canal improves safety record
THE Panama Canal Authority has achieved record safety improvements despite an increase in tonnage and speedier transit times through the waterway.
US military chartering vessel to ship ammunition
THE US military has placed an order for a merchant ship to carry ammunition and material from Spain to West Africa, tender documents show, but US officials denied the shipment was meant for any operation in Liberia.

Air and Land Transport

Security the top concern as airlines seek Iraq flights
THIRTY airlines have expressed interest in flying into Iraq but security concerns around the country's airports make a smooth landing unlikely anytime soon, a coalition official said on Tuesday.
BA, unions hopeful of resolving crisis issues
Ryanair may halt Strasbourg flights pending court appeal
US, UK firms vie for China Airlines engine contract
MAS to resume China flights
China Eastern's July revenue doubles

Features

Hapag-Lloyd's cutting edge
HAPAG-LLOYD'S businesses today cover every possible aspect of transportation, counting Asia, America and Europe as its important markets.

web site

Shipping News

S Korea's Busan port loses 2 key customers
CONGESTION and infrastructure deficiencies have lost South Korea's Busan port two key transhipment customers in moves that will cost 40 billion won in revenues this year alone.
Incheon sees more services to China
THE launch of container shipping service to China by the South Korean port of Incheon will help facilitate trade between the two countries, the Ministry of Maritime Affairs and Fisheries said.
Shippers face rising charges at Kandla port
EXPORTERS and shippers face mounting charges for up to another five days after India's busiest west-coast port, Kandla, reopened after heavy monsoon rains disrupted cargo handling for five days.
Globalisation will 'give further impetus to container traffic'
THE future for the shipping industry is relatively uncertain at the moment, but progressive globalisation would provide further impulses to container traffic, according to the head of container giant Hapag-Lloyd.
Panama Canal improves safety record
THE Panama Canal Authority has achieved record safety improvements despite an increase in tonnage and speedier transit times through the waterway.
US military chartering vessel to ship ammunition
THE US military has placed an order for a merchant ship to carry ammunition and material from Spain to West Africa, tender documents show, but US officials denied the shipment was meant for any operation in Liberia.

Air and Land Transport

Security the top concern as airlines seek Iraq flights
THIRTY airlines have expressed interest in flying into Iraq but security concerns around the country's airports make a smooth landing unlikely anytime soon, a coalition official said on Tuesday.
BA, unions hopeful of resolving crisis issues
Ryanair may halt Strasbourg flights pending court appeal
US, UK firms vie for China Airlines engine contract
MAS to resume China flights
China Eastern's July revenue doubles

Features

Hapag-Lloyd's cutting edge
HAPAG-LLOYD'S businesses today cover every possible aspect of transportation, counting Asia, America and Europe as its important markets.

	web site

Finer points of CEPA being worked out: official China joins CSI Peak season surcharge to be levied Menlo silent on Bourns deal Browning honoured by French Brazilian logistics provider embraces Inttra Houston agrees on paper sale for Bayport project TSA payout gives US Airways breathing space DHL strikes logistics partnership with Zwilling Bax Global opens Prague office Dragonair appoints new cargo managers for Europe, UK

	web site

Beta-Lines Shipping diversifies into exports & consolidation business SCI posts Rs 150.25 cr. net profit in Q1 Hamriyah Free Zone mission coming next month-end India, Thailand getting down to business - High-level Thai mission coming in August Diplomat sees vast market for Indian garments in Bangladesh Kolkata Port Trust earmarks Rs 155 cr. for Haldia Dock upgradation, more facilities Round-the-clock Port railway operations restored at KDS Paradip Port exceeds handling target in April 2003 45.44 pc of Rs 1,162-cr. annual plan outlay earmarked for port sector utilised Kakinada rice shippers seek more railway wagons Handling/storage of empty containers to attract service tax PSB goes online with DGFT for BRCs Forex reserves surge by $ 844 million Steel prices hiked by Rs 1,500 per tonne Karnataka to unveil textile policy soon Union Bank OBU in Seepz to operate from July 31 Privatisation of airports gets Elders' nod 1,500-km Mumbai-Kochi coastal road proposed Tata Steel to form SPV with Orissa govt to promote Gopalpur SEZ Interactive meet with Canadian High Commissioner at IMC Girls top in GIFT's foreign trade management course! Exim Bank Annual Lecture on Aug. 5 Exim IERA award winners named

	web site
JULY 30, 2003
Gulf Coast rebounds, IFO180 supply tight East Coast markets soft to steady World Fuel Services reports record results US crude build as imports surge, sharp gasoline draw Analyst forecasts were largely met bar a bigger-than-anticipated draw in US stocks of gasoline. Imports of crude surged, helping to boost stocks despite a rise in refinery runs and another 700,000 barrels going into the Strategic Petroleum Reserve. Oman: Expansion project set to boost bunkering capacity Port Sultan Qaboos in Oman (also known as Muscat or Mina Qaboos) is reportedly undergoing developments which should benefit bunker buyers who lift their product there. Softening South Korean market surprisingly slow Hong Kong ready, willing, able - and quiet New Saudi posted prices, market soft Crude balanced ahead of US inventory data, OPEC 'non-event' OPEC meeting outcome almost certain Iraqi export recovery remains in doubt US crude stock build expected - and needed Rotterdam firms with stronger paper and crude*

	web site
JULY 30, 2003
Polar Air Cargo names Ron Tang manager of Charter Sales, Asia-Pacific «Good Hope Service» restructured No progress on BA talks Gefco collaborates with Airkargo Latvia Sinotrans to buy 50% stake in a joint venture with UPS

	web site
JULY 30, 2003
BP to reduce spot chartering for safety reasons Profit slumped for Concordia Maritime "Scandinavian Star" investigation launched

	web site
JULY 30, 2003
LR reports on MEPC meeting The 49th session of the IMO's Marine Environment Committee (MEPC 49) was held from July 14 to 18, 2003. Lloyd's Register has just issued a "Classification News" summary of what went on at this important meeting. USCG proposes mandatory ballast water management Federal Register notice of proposed rulemaking outlines a mandatory national ballast water management program for all vessels equipped with ballast water tank Strike impacts Manitowoc Marine results The Manitowoc Company, reports second quarter marine sales were down 23 percent

	web site
JULY 30, 2003
Research group from Thailand studies Port of Portland environmental systems Corps eyes dredging request from Schnitzer Steel Industries MarAd boss heads to San Francisco to meet with Chinese trade team Boeing report predicts doubling of air freighter fleet Hanjin and TTI ink deal for China Shipping to use terminal

	web site

Maersk snaps up boxships from German financiers MAERSK SEALAND has snapped up as many as nine large panamax containerships in recent weeks, all for delivery in 2005. Yards holding out for more cash for 2007 newbuilds SHIPBUILDERS are holding back from taking 2007 contracts in a bid to finally increase prices, suggesting a lull in the new order frenzy, writes Sam Chambers in Hong Kong. Fraud in India may further hit Sembcorp profits SEMBCORP Logistics cannot rule out further earnings restatements after uncovering a S$18.5m ($10.9m) accounting fraud in its Indian subsidiary. US 'grotesque' terror contract is scrapped SHOCK and awe barely begins to describe the political and public reaction to the Bush administration's proposed futures contract for terrorist events, an idea that was abruptly scrapped on Tuesday barely 24 hours after it first saw the light of day. Smedvig ordered to pay Esso $70m after six-year legal fight NORWAY'S longest running court case ended yesterday with drilling contractor Smedvig being ordered to pay $70m to the local subsidiary of ExxonMobil, the world's largest oil company, writes Jerry Frank.

	web site
JULY 30, 2003
Panama, Russia sign maritime accord Nicaragua dry canal report 'soon' Chemical brothers study short-sea Troubled TMM sounds cautious note Tasman Spirit: refloat attempt Concordia issues profit warning Madrid blocks Trasmed share sale Tasman Spirit: new controversy Ferryways posts freight growth Baltic to reassess Handymax index Crew rescued as bulker sinks HDW disagreement kills lifeline Zim seeks Pelican replacement Syria bids for larger Iraq transit Q-Ship posts record earnings Prestige admission re-opens debate Canmar upgrades Atlantic services Hanjin Shipping sheds yard equity SembLog profits overstated

	web site
JULY 30, 2003
DOT limits scope of DHL inquiry The U.S. Department of Transportation ordered the administrative law judge conducting the inquiry into the former DHL Airways to focus solely on the current ownership of the carrier. U.S. air cargo off in June June volume dips 4.6 percent year-over-year, the second straight monthly decline following first-quarter gains. Deutsche Post raises earnings target The German mail and express group raised its 2003 earnings forecast by at least $115 million after returning to profit in the second quarter. Ficker new president of NITL Boeing: Freighter fleet to double Daewoo Shipbuilding profits up Pledge to privatize Japan postal services Stolt-Nielsen reassigns top transport execs Monsoon rains jam Indian port U.S. bans Burmese imports Dragonair appoints Europe, U.K. cargo managers TGAX Logistics gets China NVOCC licenses China Shipping will shift So. Cal. service

	web site
JULY 30, 2003
Melbourne dredging delays prompt PONL compensation claim P&O Nedlloyd is reportedly seeking up to US$300,000 in compensation from the Victorian Government over delays to Melbourne's channel deepening. Owners grab bull charter market by the horns A bull charter market has developed from the ashes of the 2001 nadir and the shipbroker Howe Robinson expects its strength to be maintained well into 2005 and possibly beyond. New S.Brazil box terminals to compete for swelling volumes NITL names new president for US shipper lobby Toll confident in face of 'anti-competitive' takeover probe Brazil: Fortaleza seeks dredge cash to grow market share SembCorp Logistics fraud: Threat of more writedowns, but president sees return to profitability for Indian operations China formally joins US Container Security Initiative Nhava Sheva bidders close to victory on profit protection K Line's ITS strikes new terminal deal in Oakland

	web site
JULY 30, 2003
Waterfront sells off products tankers Two other Norwegian owners rumoured as buyers but both deny reports. Tasman Spirit still leaking oil? Spill from laden Polembros tanker said to be worse but owner says damaged tanks now empty. Old ships cost Concordia Difficulty in finding charters for elderly tankers hits Swedish owner's profit. Baltic to produce new handymax index Move to bigger ships instigates plan to revise three-year old index. Spain blocks Trasmediterranea stake sale Red tape stops former minister from selling 12% holding in leading ferry company. DSME interim profit climbs But Korean yard's second quarter unchanged as higher costs take their toll. Sumitomo goes quarterly New Japanese shipyard grouping issues first three monthly sales figures. China joins United States' CSI US Customs to start pre-screening containers shipped from Shanghai and Shenzen. AbleUK wins MarAd scrap deal US Maritime Administration overcomes political opposition to scrap Ghost Fleet ships in UK. STX inks Hansa Treuhand order South Korean shipyard seals second deal for feeder containerships from German principals. China urged to back Kra canal Controversial article suggests support for $25bn project to cut dependence on Malacca Straits.

	web site
JULY 30, 2003
U.S., China maritime bilateral talks continue Canmar, OOCL boost capacity of Europe/Montreal services Hamburg Sud, NYK form new Asia/Africa/South America service MarAd seeks industry comment on draft strategic plan 15 more obsolete ships to leave James River fleet Golar LNG raises $57 million in equity Polar expands Asia network Dragonair adds cargo managers for Europe, U.K. U.S. Airways turns profit Falvo named VP at Global Consolidators C.H. Robinson sees double-digit profit growth Landstar System names VP Northeast FRA proposes alcohol and drug testing for non-U.S. rail employees CN offers shippers online shipment status reports Harbor Freight, NCB to demonstrate flat-rack loading Florida outsources truck permitting to ACS Bourns Inc. picks Menlo to handle global freight World Cargo Alliance's 500th member office serves Iraq U.S. steps up fight against illegal timber trade Bush blocks business with Burma GT Nexus reports 40% second-quarter growth Brasreefer signs with INTTRA for cargo visibility OOCL Logistics names Europe GM PBB Global Logistics appoints 4 VPs GAO questions Customs' long-term container security strategy NIT League expected to name new president Wednesday Kuehne & Nagel first-half profit up 11.8% Exel's net profit dips despite contract logistics growth U.S. to push agriculture at pre-WTO ministerial meeting in Canada Appeals court limits due process rights under OFAC rules ITC to publish annual review of tomatoes and pepper imports ICC asks European Parliament to reject Rome II online rules Vastera reports second quarter net loss U.S. soybean shippers decry Europe's biotech food labeling GAO: Mexico's maquiladoras in trouble USTR, shippers applaud House passage of Chile, Singapore FTAs CSI expands to two Chinese ports China Shipping to use Hanjin's Long Beach mega-terminal Georgia ports tops 1.5 million TEUs Port of Rotterdam sees record first half Dubai Ports Authority container volume up 24% Port of Houston to raise more funds for Bayport expansion Port of Miami posts 12% increase in June containers Port of Algeciras Bay handles record volume in June Panama Canal reports small increase in traffic "Spoonful" of mercaptan caused vapors at Tacoma port First LNG vessel in 23 years arrives at Cove Point, Md. Terminal Stockton gets transfer for 500 acres on Rough and Ready Island Hazmat teams detect no leaks from Maersk ship in Tacoma