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Shipping News

Keppel Fels in takeover talks with Dutch shipyard
[SINGAPORE] Keppel Corporation's offshore rig building division, Keppel Fels, is in takeover talks with Dutch offshore repair and conversion shipyard, Verolme Botlek, it was revealed recently.
Undersea probe finds holes in hull
Malaysia gives RM5.4b ship project to Thyssen
Ship's senior officer pleads guilty to charges
Cargill sheds shipping portfolio
IMO-ILO group pushesfor abandonment security
Frontline posts record Q3 profits of US$97m
Ship sales
Rosario bidding re-opens

Air and Land Transport

Airbus sees pent-up demand for 250-seat plane
[ZHUHAI, China] The global airliner market has pent-up demand for a small wide-body airliner seating about 250 passengers, according to European civil aircraft maker Airbus Industrie.
Boeing wins US$750m Atlas order for 4 freighters
UK-based steel magnate Mittal bids for Air India
Alitalia to buy six Boeing 777s, not five 747s
Bad weather hits UK airports' Oct passenger traffic figure
Air France's Q2 revenues up 19%

web site

Shipping News

Keppel Fels in takeover talks with Dutch shipyard
[SINGAPORE] Keppel Corporation's offshore rig building division, Keppel Fels, is in takeover talks with Dutch offshore repair and conversion shipyard, Verolme Botlek, it was revealed recently.
Undersea probe finds holes in hull
Malaysia gives RM5.4b ship project to Thyssen
Ship's senior officer pleads guilty to charges
Cargill sheds shipping portfolio
IMO-ILO group pushesfor abandonment security
Frontline posts record Q3 profits of US$97m
Ship sales
Rosario bidding re-opens

Air and Land Transport

Airbus sees pent-up demand for 250-seat plane
[ZHUHAI, China] The global airliner market has pent-up demand for a small wide-body airliner seating about 250 passengers, according to European civil aircraft maker Airbus Industrie.
Boeing wins US$750m Atlas order for 4 freighters
UK-based steel magnate Mittal bids for Air India
Alitalia to buy six Boeing 777s, not five 747s
Bad weather hits UK airports' Oct passenger traffic figure
Air France's Q2 revenues up 19%

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Hong Kong terminal surrender on fee scheme Possible Hong Kong/New Zealand free trade agreement examined ACL drops carrier business Pyongtaek gets into containers Need for speed as PSA and APL break the 200 barrier New Indian Shipping Secretary Garuda making a comeback BA extends code-sharing with Finnair Decline in Americas trade Air merger pushed back Logistics swells UPS coffers China branches out

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NOVEMBER 10, 2000
Kenya Airways with KLM and Martinair in cargo Royal Vopak to acquire Ellis & Everard Scania intends to acquire its Dutch distributor New port behind Rotterdam Next B2B transport site: EU-Transport.com Fedex with online customer satisfaction survey

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Free export of leather items allowed Italy sets up special task force to foster trade, technology transfer Drug import norms to be tightened First LCL export box moves ex-CFS Pune to CFS D'Node Bangladesh buys 25,000 tonnes wheat Reserve Bank simplifies credit norms for exporters Anti-dumping duty on sodium nitrite from China mooted India seeks wider access to Swiss market Govt to specify ports for used steel import India signs trade pact with Singapore Finance, Petroleum Ministries oppose petro-product prices roll-back FCI to float global bid for large silos NHDP contracts to be expedited Chinese delegation studying Indian competition laws Common economic zone for northern Himachal Pradesh planning SEZs No more duty concessions, asserts Sinha VCFs may get full freedom to exit any firm Handloom Act review soon Yadav advises perspective view of road development Goa scraps extra levy on vehicles, cement & drugs Frankfurt, Amsterdam airport expand co-operation UPS Logistics strikes deal from Hewlett-Packard Swisscargo launches express service for hardfreight KLM's passenger, cargo traffic up in October Number of direct international flights poised to scale newer heights Airbus: China needs 1,600 planes Swissair, Alitalia may join hands Management changes at BA World Cargo Lufthansa Cargo names sales director for North-East US Emery appoints Eric Kirchner Vice-President for N. US Dragonair to acquire two 747-300 freighters UPS selects MD-11 as next long-range freighter Austrian Airlines set to buy stake in Lauda Air

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NOVEMBER 10, 2000
Brazilian oil workers planning to strike Halifax price update New company listing in Congo OPEC meet to discuss production cuts Chile and Ecuador market review Short term congestion in Panama, St Eustatius still s/e Sluggish demand in Vancouver Seattle and Portland: Downwards trend for fuel oil Competitive prices in Los Angeles Canada East Coast: No gas avails in Halifax New York and Philadelphia: Fuel oil down by $20 US Gulf prices firmer after soft start

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NOVEMBER 10, 2000
First cars of 186-unit flatcar order delivered to TTX by Johnstown America Corporation Scania intends to acquire Beers n.v.

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NOVEMBER 10, 2000
Major orders for Daewoo Daewoo Shipbuilding, which was spun off from Daewoo Heavy Industries last month, has reportedly booked orders worth $500 million for seven vessels. New president for Masa-Yards Kvaerner has appointed Jorma Eloranta, as President & CEO of its Masa-Yards in Finland. Sleipner commission reports A commission appointed by Norway's Justice Department has issued its report on last November's disaster involving the high speed ferry Sleipner in which 16 lives were lost. Ingalls to repair Cole The U.S. Navy has announced that Litton Ingalls Shipbuilding in Pascagoula, Miss., will repair USS Cole, damaged in an October 12 terrorist attack in Aden.

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NOVEMBER 12, 2000
C.R. England Adds Reefer Surcharge Big IT Spenders Eagle Soars, BAX Sinks Transpacific Gets More Expensive Real-time Cargo Data from NY/NJ P&O Chooses Newark

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First pictures of the sunken chemical tanker Ievoli Sun First pictures of the sunken chemical tanker Ievoli Sun, taken by a remote operated vehicle from the dive ship Northern Prince, were made public yesterday. Officials charged on Samina safety GREECE'S embattled Ministry of Merchant Marine has been stung again in the snowballing inquiry sparked by September's fatal Express Samina sinking with an investigating prosecutor's revelation that the same ship was allowed to sail without seaworthiness papers last summer. Profits drop at Powell Duffryn UK-based ports and engineering group Powell Duffryn last week reported a "disappointing" 9% drop in pre-tax profit for the six months ended September 30, following a poor performance in its engineering division. Rolls-Royce changes to impact on marine arm ENGINE maker Rolls-Royce has announced plans to reorganise in the UK that will have a bearing on its marine propulsion business. Vopak targets growth in Ellis & Everard bid Chemicals distribution giant Royal Vopak, the $2.8bn annual turnover company rising from the merger of Van Ommeren and Pakhoed, has offered top dollars to take over Ellis & Everard, in the first tangible step towards its five-year plan to double in size. Greenpeace activists unfurl a banner after boarding the 150,000 tonne bulk carrier La Paloma Greenpeace activists unfurl a banner after boarding the 150,000 tonne bulk carrier La Paloma in Rotterdam harbour on Saturday when they tried to prevent her cargo of coal being unloaded. Eighteen protesters chained themselves to hatch covers demanding effective action against global warming at today's United Nations climate change conference in The Hague. Voyager bolsters ROC The positive impact of the $150.8m newbuild Olympic Voyager on the accounts of Royal Olympic Cruise Lines has been immediate. Daedong plans acceleration after shipyard strike DAEDONG shipyard is now playing catch up to put its production schedule back on track after a month-long strike at the end of the summer, writes Matthew Flynn, Tokyo.

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NOVEMBER 10, 2000
Fuel hikes hit Americas barge line Petrobras passes the pollution buck Pressure piles on Panamax rates Tanker goes aground at Cleveland Seamen seek inflation busting rise Greece and Italy tackle 'illegals' India's law chief gets shipping post German ports demand deepening Austal targets niche cruising Low draught threatens Calcutta We're not guilty, says Greenpeace GL feared DNV takeover Bunga officer pleads guilty MMC takes control of PTP Samina survivor wins $256,000 ESC backs short sea improvements Panama rules on tort claim appeal

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NOVEMBER 10, 2000
La navigation intérieure est plus avancée que le rail sur le plan de la libéralisation La libéralisation a considérablement agrandi les distances entre la navigation intérieure et les autorités, qui visent de plus en plus une approche globale en termes de mobilité. Leurs interventions se font moins directes. Le jeu de l’offre et de la demande a donc plus libre cours. Ce processus est beaucoup moins avancé dans le secteur ferroviaire, a constaté Han Van der Werf, secrétaire général-adjoint de la Commission centrale pour la navigation du Rhin lors du congrès économique international organisé à Liège. Marcel Verslype, administrateur-directeur général de la SNCB, a tenté de rectifier cette image. La réunion ferroviaire de Paris doit démontrer l’urgence des investissements L’initiative revient à RFF (Réseau Ferré de France) et elle est soutenue par Loyola de Palacio, vice-présidente de la Commission européenne. Il s’agit de la première réunion sur les infrastructures ferroviaires. Se tenant à Paris le lundi 13 novembre, elle doit réunir 260 personnes, dont 50% au moins de participants non français. La présence d’une bonne quinzaine de présidents ou directeurs généraux de réseaux ferroviaires est annoncée. Enjeux: fixer un calendrier le plus précis possible et impulser un mouvement qui permette d’aller de l’avant. Gand réceptionne du sel marin biologique du Brésil Le port de Gand réceptionnera ce week-end un premier navire transportant du sel marin du Brésil. Ce nouveau trafic, principalement pour des applications industrielles, est destiné à la firme Zoutman Industries de Roulers et sera acheminé à destination finale par la voie fluviale. Agro-Maas intervient dans ce trafic pour la gestion logistique, alors que CBM se charge de la manutention dans le port de Gand. Petit détail ne manquant pas de piquant, ce sel marin est obtenu de manière naturelle et biologique mais, vu qu’il ne provient pas de la Communauté douanière européenne (UE+ALEA+Visegrad), il est taxé à hauteur de 2,6 EUR par tonne.

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NOVEMBER 10, 2000
Litton Vision 2100 ECDIS Type Approved By DNV Erika Aftermath: Amendments to the MARPOL Reg 13G

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Brave bulker blaze claims two lives Two Filipinos have been killed in a fire aboard a capesize bulker belonging to the Greek owner. Third quarter profits boost for RCL The Thai feeder ship operator has shrugged off July's defection of top executives to post a strong growth in third quarter figures. MISC boxship salvage delayed 24 hours The latest attempt to salvage MISC's grounded boxship Bunga Teratai Satu has been hit by delays in setting up essential salvage equipment. Minoan Lines shares tumble P&I club puts up bank guarantee as Express Samina disaster hits Greek ferry group. Bergesen fleet gets $222m boost A soaring fleet value and positive fundamentals make the Norwegian owner bullish about prospects. Hyundai Heavy shares rated a good buy Analysts at Samsung Securities reckon shipbuilder Hyundai Heavy Industries is in good shape, raising its share rating to "buy". Share question undecided at Borgestad The Norwegian shipowner's majority stakeholder Christen Knudsen has let a share option on a rival stake lapse. Team scores on higher tanker rates The Norwegian owner is looking for a sale and charterback deal as it presses ahead with a fleet renewal plan. Samsung Heavy profits drained by equity losses Profits at Korean shipbuilder Samsung Heavy Industries have halved as equity exposure to weaker group companies weighs heavy.