BRIEFS

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TT Club announces container theft preventative measures Call to veto new rate probe Lykes fastest in the business Port Klang officials confident Manila to crack down on bogus claims United cut back to go forward Japanese manufacturers reach for the skies CAAC to conduct HK flight inspections

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APRIL 9, 1999
Netscape with FedEx in e-commerce United Airlines wants new non-stop service to Shanghai Van Ommeren expects 20 percent decrease in profit in 1999 HES Beheer in black Amsterdam difficult to reach by freight transport Amsterdam wants end to battle of words with Rotterdam

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Transpacific Lines Set to Give up Documentation Fee China Shipping to Launch New China/Europe Service Shipper Group Sets up Service Contract Committee

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Ex-Im expert, Mr. T.N.C. Rajagopalan answers your queries New milestone in the history of Tuticorin Port Mediterranean Shipping Co. joins TSA LT, SCL to end Med-Africa jv Integrated jute policy recommended Cochin Port exceeds MoST target of cargo handling for 1998-99 by 3.5 per cent US fixes dumping margins on Indian steel wire import Conference on infrastructure CII advocates 'strong push' for TN ports EU may impose ban on 300 textile dyes Assocham study sees diversion of exports Massive World Trade Centre complex to come up in Gurgaon Premiums on garment quotas to US shoot up India's first road freight exchange coming up near Pune Taiwan offers tradeopportunities High export credit rate regime may continue Trade fairs in Muscat Hub Line extends service to Chennai Across-the-board lowering of EPCG limit likely Heartening trend in rice exports Cabinet clears floriculture auction centre

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APRIL 9, 1999
OW Bunker starts fuel oil deliveries in Estonia New company listing Crude trend might come back on track today Have S. Korea prices hit the ceiling? Fuel drought in Cape Town ARA bunkers reacting modestly to crude movements

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APRIL 9, 1999
NNS decision a "few weeks" away Reuters is reporting Under Secretary of DefenseJacques Gansler as saying that the Pentagon will decide within "the next few weeks" whether to recommend General Dynamics proposed acquisition of Newport News Shipbuilding Inc. Deepwater contract for ABB unit Demonstrating that deepwater E&P activity is still generating major orders, A U.S.-based unit of ABB has won a $15 million contract to construct the complete riser system for a new build drillship Fewer Norwegian owners pay corporate tax Total tax levied on Norwegian shipowners last year was NOK 173.5 million, compared with NOK 131.5 million the previous year. Despite this, the number of shipowners who fulfil the criteria for zero corporate tax nearly trebled, from 213 to 670 World shipbuilding orderbook "stabilizes" The world ship orderbook has stabilized, according to Lloyd's Register. Its latest quarterlyWorld Shipbuilding Statistics shows that, to the quarter ended December 1998, the total world orderbook stands at 57.4 million gross tons, a drop of less than one per cent over the previous quarter and an increase of 0.8 million gt on the same quarter of the previous year. Hull insurers hit by premium shortfall Marine hull premiums are generating only 50% of the income the London market needs to meet commitments when there are casualties, a leading underwriter claims

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Yeltsin raises the stakes with world war warning RUSSIA dramatically upped the stakes over the escalating Yugoslav war yesterday when president Boris Yeltsin warned Nato that use of ground forces could spark a wider European, or even a world war. Yugoslav sailors held in Florida after US invokes new national security policy THREE Yugoslav sailors were being held under guard aboard a docked ship in Florida last night under a new national security policy aimed at preventing spying and sabotage. Finnish shipyards hope for more state subsidies Finland's shipyards are hoping that the change in government will mean better news on state subsidies, which were eliminated in last year's budget. ICTSI seeks funds to pay off maturing debts Listed International Container Terminal Services, Inc. (ICTSI) wants to raise Peso1.0bn ($26m) worth of commercial papers to pay its maturing financial obligations and to fund its capital expenditures. Jacobs relishes the challenge of reviving Neptune Orient Lines FLEMMING JACOBS' decision to resign from one of the most respected teams in shipping to take over one of the most challenging has left industry colleagues stunned. Brazil plans new legal framework to end confusion in multimodal industry BRAZIL'S congress will approve a new multimodal law in the latest attempt to sort out an industry which is still struggling to take off in South America. Oil sector to be offered stake in Indian shipping company INDIA is looking to dilute its government held majority stake in Shipping Corporation of India by offering up to 40% of company shares to the country's oil sector. World oil stocks set for hefty cut World oil stocks will be shaved by 330m barrels by the end of this year as a result of the latest Opec agreement, says the International Energy Agency, the oil industry watchdog, in its latest monthly report.

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APRIL 9, 1999
Malta Drydocks wins US repair orders Mærsk/Sea-Land pulls out of Hamburg German dockers agree pay increase MUA claims dockers' jobs threatened at Newcastle Leaked NZ study highlights port of Timaru Finnish unions boycott Russian lorries Billionaire sued for using insider information Gioia Tauro profit boosts Contship Italia Owners blockade Cebu port China move to cut port construction Ukraine appoints new shipping chief India considers bareboat licensing Philippines set to import sugar buffer Coffee tumbles on devaluation rumours Ghanaian stowaways arrested in Genoa Husbands Shipyard closes Focsani to be auctioned

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Home

Carriers stand fast on Pacific rate hike
Detention Notice rattles importers
Probe of nuclear exports expanded
Logistics firms skirt Brazil's red tape
MetaTrade offers internet link to AES filing services
Yugoslav ship crewmen under guard in Florida
Sudan Airways to resume flights to Libya Monday
Hoping to attract drivers, TRISM announces bonus for new referrals
Bulk trucker Trimac Corp. buys a consulting & logistics business
NATO air attacks taking a heavy toll as Balkans' logistics slows and trade dips
Panasonic UK gives logistics software pact to Sapiens
Atlas Air finds new customer for 747-200 operated by SAS

Transportation

DHL advances plans for expansion in Asia
Intermodal reformers lower sights in Europe
Truckers: Don't open border

Maritime

MSC, Evergreen scrap Latin proposal
Partner leaves Moller for NOL
Greek buying spree spurs hopes for bulk market
Some Indian ports post gains but overall traffic flat for year
Malaysian shippers staying closer to home
Greek tanker order boosts Korean yards

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Home

Carriers stand fast on Pacific rate hike
Detention Notice rattles importers
Probe of nuclear exports expanded
Logistics firms skirt Brazil's red tape
MetaTrade offers internet link to AES filing services
Yugoslav ship crewmen under guard in Florida
Sudan Airways to resume flights to Libya Monday
Hoping to attract drivers, TRISM announces bonus for new referrals
Bulk trucker Trimac Corp. buys a consulting & logistics business
NATO air attacks taking a heavy toll as Balkans' logistics slows and trade dips
Panasonic UK gives logistics software pact to Sapiens
Atlas Air finds new customer for 747-200 operated by SAS

Transportation

DHL advances plans for expansion in Asia
Intermodal reformers lower sights in Europe
Truckers: Don't open border

Maritime

MSC, Evergreen scrap Latin proposal
Partner leaves Moller for NOL
Greek buying spree spurs hopes for bulk market
Some Indian ports post gains but overall traffic flat for year
Malaysian shippers staying closer to home
Greek tanker order boosts Korean yards

web site

Home

Carriers stand fast on Pacific rate hike
Detention Notice rattles importers
Probe of nuclear exports expanded
Logistics firms skirt Brazil's red tape
MetaTrade offers internet link to AES filing services
Yugoslav ship crewmen under guard in Florida
Sudan Airways to resume flights to Libya Monday
Hoping to attract drivers, TRISM announces bonus for new referrals
Bulk trucker Trimac Corp. buys a consulting & logistics business
NATO air attacks taking a heavy toll as Balkans' logistics slows and trade dips
Panasonic UK gives logistics software pact to Sapiens
Atlas Air finds new customer for 747-200 operated by SAS

Transportation

DHL advances plans for expansion in Asia
Intermodal reformers lower sights in Europe
Truckers: Don't open border

Maritime

MSC, Evergreen scrap Latin proposal
Partner leaves Moller for NOL
Greek buying spree spurs hopes for bulk market
Some Indian ports post gains but overall traffic flat for year
Malaysian shippers staying closer to home
Greek tanker order boosts Korean yards