BRIEFS

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Shipping News

P&O spins off cruise business, focuses on logistics
UK group aims to list new cruise company in London, New York

Air and Land Transport

CAL flight restores Manila-Taipei links
Direct China Airlines flight the first by a Taiwan commercial carrier to Manila since air links were suspended four months ago
HK signs air services accord with China
Airbus to spend US$1b on superjumbo by mid-2001
Boeing engineers union delays strike

Features

Cockpit voice recorder found
Black box contains tape of cockpit sounds such as conversations between crew members and air-traffic controllers

Columns

S'pore court rules against Greek shipbroker in breach of contract suit

web site

Shipping News

P&O spins off cruise business, focuses on logistics
UK group aims to list new cruise company in London, New York

Air and Land Transport

CAL flight restores Manila-Taipei links
Direct China Airlines flight the first by a Taiwan commercial carrier to Manila since air links were suspended four months ago
HK signs air services accord with China
Airbus to spend US$1b on superjumbo by mid-2001
Boeing engineers union delays strike

Features

Cockpit voice recorder found
Black box contains tape of cockpit sounds such as conversations between crew members and air-traffic controllers

Columns

S'pore court rules against Greek shipbroker in breach of contract suit

web site

Shipping News

P&O spins off cruise business, focuses on logistics
UK group aims to list new cruise company in London, New York

Air and Land Transport

CAL flight restores Manila-Taipei links
Direct China Airlines flight the first by a Taiwan commercial carrier to Manila since air links were suspended four months ago
HK signs air services accord with China
Airbus to spend US$1b on superjumbo by mid-2001
Boeing engineers union delays strike

Features

Cockpit voice recorder found
Black box contains tape of cockpit sounds such as conversations between crew members and air-traffic controllers

Columns

S'pore court rules against Greek shipbroker in breach of contract suit

web site

Shipping News

P&O spins off cruise business, focuses on logistics
UK group aims to list new cruise company in London, New York

Air and Land Transport

CAL flight restores Manila-Taipei links
Direct China Airlines flight the first by a Taiwan commercial carrier to Manila since air links were suspended four months ago
HK signs air services accord with China
Airbus to spend US$1b on superjumbo by mid-2001
Boeing engineers union delays strike

Features

Cockpit voice recorder found
Black box contains tape of cockpit sounds such as conversations between crew members and air-traffic controllers

Columns

S'pore court rules against Greek shipbroker in breach of contract suit

	web site

PTP freight facility nucleus Vietnamese ports see rise in cargo throughput Thai KWE achieves ISO9002 certificate of quality Port Klang in the world top 15

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FEBRUARY 3, 2000
Price fight road transport in Europe and US 'Booming logistics outsourcing e-commerce' American Airlines expands service to Europe KLM scraps maximum of 3,000 jobs KLM threatens Italian government P&O Nedlloyd orders new containers Vopak's terminal-swap with GATX

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Carriers Eye Rate Increase for Cargo from China to Japan Panama Canal Traffic Drops in First Trimester Japan's Consolidated Air Cargo Traffic Ups in 1999 KLM Reports NLG39 Million Net Loss for 3rd Quarter Cargo Traffic Soars in 1999 at Narita and Kansai Airports Ford, UPS Logistics to Slash Vehicle Delivery Times

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Special purpose solutions for ChPT box terminal expansion cleared New divestment policy on PSUs soon Maersk Sealand to expand Singapore-NZ service Used car imports ruled out for now IT softwares projected as highest forex earner by 2003 US relaxes computer export restrictions to India Free trade pact with Lanka in force Foreign holding in coal processing permitted Standardisation of shipbuilding stressed Industry showers bouquets on government's FDI policy State may top Kerala in cashew output Spice Congress spotlights rising prospects for pepper Producers raise aluminium prices Paper units' body calls for measures to plug import loopholes Forex reserves up Interest rate cut vital to revive core sectors, says Ficci Export-led growth policy vital: Maran Maharashtra opens India's largest IT park Plea to rationalise ball bearings import duty FIPB will wither away: Maran

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FEBRUARY 3, 2000
Middle East bunker prices down since last week African markets: Restricted fuel oil in Cape Town South European market reports NWE market reports: Baltic stays competitive, ARA quite steady Asian market reviews Singapore market report: Mixed pre-holiday trade, overall weaker New weekly global averages

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FEBRUARY 3, 2000
NCL board recommends acceptance of Star/Carnival bid With Star/Carnival 's stake in NCL reaching 53.8%, the Board of NCL Holdings is now recommending acceptance of the Star/Carnival offer. Stolt-Nielsen sees end to parcel tanker glut "With the demand for transportation services now starting to improve, we expect to see a reduction in the oversupply of parcel tankers," says Jacob Stolt-Nielsen, chairman and CEO of Stolt-Nielsen S.A. NNS reports increased earnings Newport News Shipbuilding ( today reported net earnings of $24 million, or $0.69 per diluted share, for the fourth quarter of 1999. Earnings before interest and taxes (EBIT) for the quarter were $55 million, up ten percent over last year's fourth quarter.

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Traffico passeggeri - Prevista l'entrata in servizio di 15 nuove navi con investimenti per oltre 8mila mld Crociere, il 2000 sarà record Parte l'offensiva di Carnival delle acquisizioni con espansione in Asia L'italo-svizzera Msc difende il Rina: «Troppo clamore sul caso Erika» Il porto divide Capitaneria e Autorit' Napoli, guerra sul bilancio Comandanti Ue presto al timone delle navi italiane

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Evergreen bullish as new ships arrive Far East link to Pakistan Miami Lykes Maputo harbours hub ambitions Ghana seeks cargo role Pacific US box surge UAE terminals see throughput jump NOL mulls move to PTP Rotterdam traffic down Container focus for Gulf of Mexico

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P&O to spin off cruise business BRITISH shipping giant P&O yesterday took the most radical step yet in its efforts to reorganise with the announcement of plans to spin off its fast-growing cruise business to shareholders. Russian tanker in sanctions row A DIPLOMATIC row could be brewing after the boarding of a Russian-flagged tanker suspected of smuggling Iraqi oil in violation of UN resolutions. Stolt-Nielsen recovery stalls THE recovery at leading chemical tanker group Stolt-Nielsen stalled in the final quarter of the last financial year. Elf bows out with bumper profit FRENCH oil group Elf Aquitaine went out in a blaze of glory yesterday, announcing that its 1999 net income had rocketed 280% to s2.05bn ($2bn), writes Andrew Spurrier, Paris. Demerger leaves P&O well equipped for battle ahead Although P&O has been shedding non-shipping businesses for some time now, it has still been apparent that cruising was the odd man out in the remaining marine portfolio. P&O Ports to bid for third Schelde container terminal P&O Ports Belgium director Roger Roels said the company will bid for the concession from the Antwerp Port Authority to operate a third container terminal on the left bank of the Schelde river. Mosvold abandons expansion plans NORWAY'S vintage tanker specialist Mosvold Shipping has abandoned plans to expand its fleet of two 1970s-built ships and will distribute NKr77.5m ($9.43m) to shareholders. French marathon French marathon rower Jo Le Guen set off from Wellington yesterday hoping to row to Cape Horn in a 100-day solo attempt across the South Pacific in his 1.1 tonne enclosed craft, Keep it Blue.

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FEBRUARY 3, 2000
P&O casts off cruise businesses P&O Group shares rise rapidly on demerger news NCLH shareholders recommended to accept bid Star Cruises eyes Japanese market P&O expands N. Europe port and logistics network India and Sri Lanka sign landmark trade pact Viking threatens to go overseas Oil damage aggravated by lack of communication Balmer Lawrie closes box-making division Thailand to set up maritime information database Two Japanese marine firms fail Mosvold outlines strategy as MD leaves Brazil continues to dominate Mercosur fleet Subic Bay port development awarded Grimaldi opens Italy-Spain link No reprieve in US deficit Willis acquires Naples broker

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Home

Asia-East Coast all-water route attracting more liner services
GAO: Redo cargo preference laws
Canadian National, BNSF file merger petition
Navy seizes Russian tanker
U.S. lawmakers call for action in UK air dispute
Senate confirms Greenspan as Fed chairman
FTC rejects merger of BP Amoco and Arco
Virgin to invest $200 million in Australian airline

Transportation

Italian-Swiss rail cargo merger may lead to more deals
China Southern Airlines to launch cargo service
Half-year profit drops 28.7% for Singapore-based forwarder

Maritime

Zim, China Shipping Group to share vessels in Pacific
Container volume at Boston increases by 7.8%

web site

Home

Asia-East Coast all-water route attracting more liner services
GAO: Redo cargo preference laws
Canadian National, BNSF file merger petition
Navy seizes Russian tanker
U.S. lawmakers call for action in UK air dispute
Senate confirms Greenspan as Fed chairman
FTC rejects merger of BP Amoco and Arco
Virgin to invest $200 million in Australian airline

Transportation

Italian-Swiss rail cargo merger may lead to more deals
China Southern Airlines to launch cargo service
Half-year profit drops 28.7% for Singapore-based forwarder

Maritime

Zim, China Shipping Group to share vessels in Pacific
Container volume at Boston increases by 7.8%

web site

Home

Asia-East Coast all-water route attracting more liner services
GAO: Redo cargo preference laws
Canadian National, BNSF file merger petition
Navy seizes Russian tanker
U.S. lawmakers call for action in UK air dispute
Senate confirms Greenspan as Fed chairman
FTC rejects merger of BP Amoco and Arco
Virgin to invest $200 million in Australian airline

Transportation

Italian-Swiss rail cargo merger may lead to more deals
China Southern Airlines to launch cargo service
Half-year profit drops 28.7% for Singapore-based forwarder

Maritime

Zim, China Shipping Group to share vessels in Pacific
Container volume at Boston increases by 7.8%

web site

FEBRUARY 3, 2000

Maritime Contract News

MARCO Signs Contract With S.F. Bar Pilots

Breaking News

UAE: $25 Barrel Is Reasonable
NCL Recommends Joint Bid To Shareholders
P&O To Split Off Profitable Cruise Unit
Vehicle Carrier Aground Off Ireland
AlliedSignal Changes To Honeywell
BV Withdraws Lifejacket Type Approval
SNAME Releases Ferry Report
NOL Appoints New Chief Information Officer

web site

FEBRUARY 3, 2000

Maritime Contract News

MARCO Signs Contract With S.F. Bar Pilots

Breaking News

UAE: $25 Barrel Is Reasonable
NCL Recommends Joint Bid To Shareholders
P&O To Split Off Profitable Cruise Unit
Vehicle Carrier Aground Off Ireland
AlliedSignal Changes To Honeywell
BV Withdraws Lifejacket Type Approval
SNAME Releases Ferry Report
NOL Appoints New Chief Information Officer

web site

Feature

Wanted: Perfect Logistics. This year's seafreight seminar of the Swiss Shippers Council dealt again with future cargo management.

Maritime

"K" Line takes the offensive. "K" Line banks both on rationalisation measures and on expansion to survive a future environment.
CMA CGM offers direct service between Algiers and Marseilles.
"K" Line and CMA CGM sign a slotcharter agreement.
Cosco restructures its Asia-Australia services.
Lykes Lines plans to launch a new service the South America.
Ferryways introduces a new ro/ro service between Ipswich and Ostend.
Leif Höegh takes over Hual completely from the Ugland group.
After going to press: Hamburg shipowner Bertram Rickmers is acquiring Rickmers Linie. An official confirmation is expected very soon.

Ports and Terminals

The ports on the Baltic Sea experienced a very varying development last year. Tough economic conditions and the Asia crisis were the reasons named for negative developments at the ports mentioned.

Intermodal

At the 8th Annual Rail Industry Conference in Brussels, EU transport commissioner Loyola de Palacio expresses what the EU wants: "Railroads not only can, but also must play a much larger role."

Aviation

New transparent prices. Panalpina is fighting against the current airline policy on fuel surcharges. It proposes a more transparent, clearly defined rate structure instead.
Lufthansa is growing its time-definite products.
Atlas Air had a record year in 1999.
Hahn was successfully converted from a facility used by the military into a civil airport.

web site

Feature

Wanted: Perfect Logistics. This year's seafreight seminar of the Swiss Shippers Council dealt again with future cargo management.

Maritime

"K" Line takes the offensive. "K" Line banks both on rationalisation measures and on expansion to survive a future environment.
CMA CGM offers direct service between Algiers and Marseilles.
"K" Line and CMA CGM sign a slotcharter agreement.
Cosco restructures its Asia-Australia services.
Lykes Lines plans to launch a new service the South America.
Ferryways introduces a new ro/ro service between Ipswich and Ostend.
Leif Höegh takes over Hual completely from the Ugland group.
After going to press: Hamburg shipowner Bertram Rickmers is acquiring Rickmers Linie. An official confirmation is expected very soon.

Ports and Terminals

The ports on the Baltic Sea experienced a very varying development last year. Tough economic conditions and the Asia crisis were the reasons named for negative developments at the ports mentioned.

Intermodal

At the 8th Annual Rail Industry Conference in Brussels, EU transport commissioner Loyola de Palacio expresses what the EU wants: "Railroads not only can, but also must play a much larger role."

Aviation

New transparent prices. Panalpina is fighting against the current airline policy on fuel surcharges. It proposes a more transparent, clearly defined rate structure instead.
Lufthansa is growing its time-definite products.
Atlas Air had a record year in 1999.
Hahn was successfully converted from a facility used by the military into a civil airport.

web site

Feature

Wanted: Perfect Logistics. This year's seafreight seminar of the Swiss Shippers Council dealt again with future cargo management.

Maritime

"K" Line takes the offensive. "K" Line banks both on rationalisation measures and on expansion to survive a future environment.
CMA CGM offers direct service between Algiers and Marseilles.
"K" Line and CMA CGM sign a slotcharter agreement.
Cosco restructures its Asia-Australia services.
Lykes Lines plans to launch a new service the South America.
Ferryways introduces a new ro/ro service between Ipswich and Ostend.
Leif Höegh takes over Hual completely from the Ugland group.
After going to press: Hamburg shipowner Bertram Rickmers is acquiring Rickmers Linie. An official confirmation is expected very soon.

Ports and Terminals

The ports on the Baltic Sea experienced a very varying development last year. Tough economic conditions and the Asia crisis were the reasons named for negative developments at the ports mentioned.

Intermodal

At the 8th Annual Rail Industry Conference in Brussels, EU transport commissioner Loyola de Palacio expresses what the EU wants: "Railroads not only can, but also must play a much larger role."

Aviation

New transparent prices. Panalpina is fighting against the current airline policy on fuel surcharges. It proposes a more transparent, clearly defined rate structure instead.
Lufthansa is growing its time-definite products.
Atlas Air had a record year in 1999.
Hahn was successfully converted from a facility used by the military into a civil airport.

web site

Feature

Wanted: Perfect Logistics. This year's seafreight seminar of the Swiss Shippers Council dealt again with future cargo management.

Maritime

"K" Line takes the offensive. "K" Line banks both on rationalisation measures and on expansion to survive a future environment.
CMA CGM offers direct service between Algiers and Marseilles.
"K" Line and CMA CGM sign a slotcharter agreement.
Cosco restructures its Asia-Australia services.
Lykes Lines plans to launch a new service the South America.
Ferryways introduces a new ro/ro service between Ipswich and Ostend.
Leif Höegh takes over Hual completely from the Ugland group.
After going to press: Hamburg shipowner Bertram Rickmers is acquiring Rickmers Linie. An official confirmation is expected very soon.

Ports and Terminals

The ports on the Baltic Sea experienced a very varying development last year. Tough economic conditions and the Asia crisis were the reasons named for negative developments at the ports mentioned.

Intermodal

At the 8th Annual Rail Industry Conference in Brussels, EU transport commissioner Loyola de Palacio expresses what the EU wants: "Railroads not only can, but also must play a much larger role."

Aviation

New transparent prices. Panalpina is fighting against the current airline policy on fuel surcharges. It proposes a more transparent, clearly defined rate structure instead.
Lufthansa is growing its time-definite products.
Atlas Air had a record year in 1999.
Hahn was successfully converted from a facility used by the military into a civil airport.

web site

Feature

Wanted: Perfect Logistics. This year's seafreight seminar of the Swiss Shippers Council dealt again with future cargo management.

Maritime

"K" Line takes the offensive. "K" Line banks both on rationalisation measures and on expansion to survive a future environment.
CMA CGM offers direct service between Algiers and Marseilles.
"K" Line and CMA CGM sign a slotcharter agreement.
Cosco restructures its Asia-Australia services.
Lykes Lines plans to launch a new service the South America.
Ferryways introduces a new ro/ro service between Ipswich and Ostend.
Leif Höegh takes over Hual completely from the Ugland group.
After going to press: Hamburg shipowner Bertram Rickmers is acquiring Rickmers Linie. An official confirmation is expected very soon.

Ports and Terminals

The ports on the Baltic Sea experienced a very varying development last year. Tough economic conditions and the Asia crisis were the reasons named for negative developments at the ports mentioned.

Intermodal

At the 8th Annual Rail Industry Conference in Brussels, EU transport commissioner Loyola de Palacio expresses what the EU wants: "Railroads not only can, but also must play a much larger role."

Aviation

New transparent prices. Panalpina is fighting against the current airline policy on fuel surcharges. It proposes a more transparent, clearly defined rate structure instead.
Lufthansa is growing its time-definite products.
Atlas Air had a record year in 1999.
Hahn was successfully converted from a facility used by the military into a civil airport.

	web site

Intertanko gets radical on class TANKER OWNERS' organisation Intertanko is demanding a big shake-up of the way classification societies go about their business. It wants societies to break with tradition by investigating each other's accidents. Knock out Operating on the rot Vela out for big tankers Wah Kwong move pays Gossip over club merger P&I movers at renewal Royal talks Casualties Detentions