Cleaning up of oil near S'pore shores continues [SINGAPORE] Clean-up operations continued yesterday to remove patches of treated oil from the stricken tanker Natuna Sea, sighted in Singapore's port waters and washed up on the beaches of some of the southern islands. The Maritime and Port Authority of Singapore (MPA) said in a statement that the clean-up continued around the Western, Eastern and Raffles Reserved Anchorages, and the West Keppel Fairway.
Subic Bay port project gets loan from Japan
Athens to ask EC to ban ferries older than 30 years
Ship sales
Air and Land Transport
Airbus to decide on super jumbo early next year [HAMBURG, Germany] A final decision on whether to build the A3XX super jumbo jetliner being developed by Airbus Industrie will be taken early next year at the latest, according to the group's chief Noel Forgeard.
Dragonair to expand Europe, Middle East freighter service by middle of next year
THAI passengers stranded for 11 hours
China Airlines resumes flights to Philippines
American Air pilots to appeal ruling on passenger lawsuits
Delta, Continental win US approval for new flights to Brazil
Features
Muddy waters hard to clear [HONGKONG] POLICIES, procedures and legislation exist to protect Hongkong's marine environment, but critics claim the Special Administrative Region's government lacks the resolve to make them effective when economic issues conflict. The public outcry over excessive reclamation probably forced Chief Executive Tung Chee-hwa to promise to cut back in his policy speech last year. This is not enough for Friends of the Earth (FoE). "Reclamation should be stopped," said the assistant director of FoE, Plato Yip.
Cleaning up of oil near S'pore shores continues [SINGAPORE] Clean-up operations continued yesterday to remove patches of treated oil from the stricken tanker Natuna Sea, sighted in Singapore's port waters and washed up on the beaches of some of the southern islands. The Maritime and Port Authority of Singapore (MPA) said in a statement that the clean-up continued around the Western, Eastern and Raffles Reserved Anchorages, and the West Keppel Fairway.
Subic Bay port project gets loan from Japan
Athens to ask EC to ban ferries older than 30 years
Ship sales
Air and Land Transport
Airbus to decide on super jumbo early next year [HAMBURG, Germany] A final decision on whether to build the A3XX super jumbo jetliner being developed by Airbus Industrie will be taken early next year at the latest, according to the group's chief Noel Forgeard.
Dragonair to expand Europe, Middle East freighter service by middle of next year
THAI passengers stranded for 11 hours
China Airlines resumes flights to Philippines
American Air pilots to appeal ruling on passenger lawsuits
Delta, Continental win US approval for new flights to Brazil
Features
Muddy waters hard to clear [HONGKONG] POLICIES, procedures and legislation exist to protect Hongkong's marine environment, but critics claim the Special Administrative Region's government lacks the resolve to make them effective when economic issues conflict. The public outcry over excessive reclamation probably forced Chief Executive Tung Chee-hwa to promise to cut back in his policy speech last year. This is not enough for Friends of the Earth (FoE). "Reclamation should be stopped," said the assistant director of FoE, Plato Yip.
Cleaning up of oil near S'pore shores continues [SINGAPORE] Clean-up operations continued yesterday to remove patches of treated oil from the stricken tanker Natuna Sea, sighted in Singapore's port waters and washed up on the beaches of some of the southern islands. The Maritime and Port Authority of Singapore (MPA) said in a statement that the clean-up continued around the Western, Eastern and Raffles Reserved Anchorages, and the West Keppel Fairway.
Subic Bay port project gets loan from Japan
Athens to ask EC to ban ferries older than 30 years
Ship sales
Air and Land Transport
Airbus to decide on super jumbo early next year [HAMBURG, Germany] A final decision on whether to build the A3XX super jumbo jetliner being developed by Airbus Industrie will be taken early next year at the latest, according to the group's chief Noel Forgeard.
Dragonair to expand Europe, Middle East freighter service by middle of next year
THAI passengers stranded for 11 hours
China Airlines resumes flights to Philippines
American Air pilots to appeal ruling on passenger lawsuits
Delta, Continental win US approval for new flights to Brazil
Features
Muddy waters hard to clear [HONGKONG] POLICIES, procedures and legislation exist to protect Hongkong's marine environment, but critics claim the Special Administrative Region's government lacks the resolve to make them effective when economic issues conflict. The public outcry over excessive reclamation probably forced Chief Executive Tung Chee-hwa to promise to cut back in his policy speech last year. This is not enough for Friends of the Earth (FoE). "Reclamation should be stopped," said the assistant director of FoE, Plato Yip.
Korean Air Cargo to open JFK terminal on Tuesday The world's largest trans-Pacific cargo carrier will double its capacity at JFKwith the opening of a new $102 million terminal. The 20-acre complex will also house cargo operations for Air France and Aeromexpress, two of its partners in the new SkyTeam Alliance.
Railroads register 2.6% rise in intermodal shipments Strong 9.3% growth in container volume spurred rail intermodal traffic to a year-on-year gain in September, recording increases in all major commodity groups except grain and coal, over which carriers have little control.
An abundance of resources A repository of must-have information.
Marine clerks stage slowdown at Boston
Global air cargo soars 9.2% in June
Preussag puts off Hapag-Lloyd stock sale
US, other WTO members support proposal to restart maritime services talks
Greek Government promises ferry shake-up With continuing public outrage over the loss of the Express Samina last week, the Greek Government has announced plans to scrap as many as 100 aging ferries by phasing in a 30 year age limit by 2006.
Biggest ferry in the world is launched in Italy The world's largest ferry has been launched at Fincantieri's Marghera shipyard, writes Giovanni Paci.
IMO compromise on tanker phase out A HIGHLY sensitive compromise deal - all the more remarkable for the spirit of co-operation which underlies it - has been struck at the International Maritime Organisation to accelerate the phase-out of single hull tankers globally from January 1, 2003.
US firms hail Cuba trade sanction move US food groups hailed the Congressional pact to ease the trade embargo on Cuba, saying it was a crucial step in resuming potentially-lucrative food exports to the Communist-run island after four decades.
Cammell Laird bond issue gets 'junk' rating Cammell Laird Holding's proposed e125m ($107.9m) bond issue has been assigned high yield - or junk - status by Moody's Investors Service, a leading credit rating agency.
Yachtsman fined for putting lives at risk A CHAMPION yachtsman who sailed the wrong way up the world's busiest shipping lane, forcing cross-Channel ferries to dodge out the way, has been fined £12,000.
Brighter future for Euro shipowners EUROPEAN shipowners are in a quietly upbeat mood about market prospects as the industry's competitive position gradually improves, their confidence evident from investment in both tonnage and training.
Newbuilding to grow - but prices will stay low First, the good news: world shipbuilding will experience a continued high level of activity over the next 15 years. Next, the bad news: newbuilding prices will remain low.
Cometh the great hardening? I HAVE heard it twice in a week. First in Singapore, where I went to speak on the use of the internet in shipping , and then over lunch in London with a thoughtful 57-year-old marine broker. In my relatively short and interrupted' career I have only seen the marine insurance market harden on two occasions. The first was the great liability insurance shortage in the United States during the early to mid 1980s when people like stevedores swallowed their historic misgivings and signed up for mutual insurance. The second followed in the early 1990s on the heels of the "calls crisis" in P&I and the Lloyd's debacle. If you happen to be one of the players to take advantage of such a change in the market, the thing to remember how large a role cylicality plays in the story of insurance growth.' Not to mention diligence and ability.
EU and Korea reach impasse over subsidies A second meeting in as many weeks has failed to break the deadlock between the EU and Korea over the latter's alleged subsidies to its shipbuilders.
Keppel clinches SGD30m conversion deal Yard to convert boxship into livestock carrier.
Silja Line set to reject Finnish flag Ferry operator Silja Line has warned it could transfer its ships from the Finnish register, as costs mount and the company heads for a loss in 2000.
MFD plans buying spree The Greek owner of the Express Samina is pressing ahead with big investments despite the ferry tragedy.
Tanker Pacific fix Dynacom veteran Singapore owner is chartering a tanker nearly 25 years old to recover the Natuna Sea's cargo.
Anniversary supplement in the post The supplement to mark TradeWinds 10th anniversary was not distributed with the weekly paper because of technical problems at our printers. Click on the headline if you can't wait for a look.
CalMac may order three ferries Scottish ferry operator to spend $116m on ro-ro tonnage if it ousts P&O from the Northern Isles.
Bulkers hit by Australian coal strike Industrial action by BHP workers is set to hit 17 bulk carriers delaying coal shipments.
Mystery surrounds Maersk's music business debut Oddball pop group Icebreaker International claim to have recorded their new CD aboard Maersk containership Trein Maersk, but the shipowner says it has never heard of them.
Global Carriers halves interim losses Malaysian shipowner Global Carriers, led by executive chairman Mohamad bin Hashim, has posted improved six month results and looks in better financial shape after a troubled few years.
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