BRIEFS

web site

Shipping News

China Merchants takes stake in Fujian port
A Chinese government-backed firm with a Singapore venture is expanding its mainland port operations by taking a 49 per cent stake in berth 3 at the Zhangzhou Economic Development Zone in south-eastern Fujian province.
Portnet.com, iPlanet sign accord
No link between crash and cracks: Air France

Air and Land Transport

Engine failure may be cause of crash
[NEW YORK] The streams of flames trailing Air France Flight 4590 that crashed outside Paris likely point to a serious engine problem, aviation experts said Tuesday.
Insurers face US$350m claims
Air travel to grow 4.8% yearly: Boeing
Sale buys 11 Airbus jets worth US$500m
Bedtime comfort for Virgin passengers

Features

Concorde reinvented jet set
FROM within the body of this grand, graceful bird -- slender and delicate, with a nose like a fine silver needle -- you gaze down at the curvature of the Earth. The ride is a magic carpet, one great leap and then sleek smoothness. A little Beluga caviar, perhaps? Some Cristal with your Mach 2? Next time you drag your suitcase down the crowded aisle of a standard jetliner and marvel as a badly dressed fellow traveller tries to shove a stuffed horse into the overhead compartment, consider the Concorde: airborne proof that the rich really are different.

web site

Shipping News

China Merchants takes stake in Fujian port
A Chinese government-backed firm with a Singapore venture is expanding its mainland port operations by taking a 49 per cent stake in berth 3 at the Zhangzhou Economic Development Zone in south-eastern Fujian province.
Portnet.com, iPlanet sign accord
No link between crash and cracks: Air France

Air and Land Transport

Engine failure may be cause of crash
[NEW YORK] The streams of flames trailing Air France Flight 4590 that crashed outside Paris likely point to a serious engine problem, aviation experts said Tuesday.
Insurers face US$350m claims
Air travel to grow 4.8% yearly: Boeing
Sale buys 11 Airbus jets worth US$500m
Bedtime comfort for Virgin passengers

Features

Concorde reinvented jet set
FROM within the body of this grand, graceful bird -- slender and delicate, with a nose like a fine silver needle -- you gaze down at the curvature of the Earth. The ride is a magic carpet, one great leap and then sleek smoothness. A little Beluga caviar, perhaps? Some Cristal with your Mach 2? Next time you drag your suitcase down the crowded aisle of a standard jetliner and marvel as a badly dressed fellow traveller tries to shove a stuffed horse into the overhead compartment, consider the Concorde: airborne proof that the rich really are different.

web site

Shipping News

China Merchants takes stake in Fujian port
A Chinese government-backed firm with a Singapore venture is expanding its mainland port operations by taking a 49 per cent stake in berth 3 at the Zhangzhou Economic Development Zone in south-eastern Fujian province.
Portnet.com, iPlanet sign accord
No link between crash and cracks: Air France

Air and Land Transport

Engine failure may be cause of crash
[NEW YORK] The streams of flames trailing Air France Flight 4590 that crashed outside Paris likely point to a serious engine problem, aviation experts said Tuesday.
Insurers face US$350m claims
Air travel to grow 4.8% yearly: Boeing
Sale buys 11 Airbus jets worth US$500m
Bedtime comfort for Virgin passengers

Features

Concorde reinvented jet set
FROM within the body of this grand, graceful bird -- slender and delicate, with a nose like a fine silver needle -- you gaze down at the curvature of the Earth. The ride is a magic carpet, one great leap and then sleek smoothness. A little Beluga caviar, perhaps? Some Cristal with your Mach 2? Next time you drag your suitcase down the crowded aisle of a standard jetliner and marvel as a badly dressed fellow traveller tries to shove a stuffed horse into the overhead compartment, consider the Concorde: airborne proof that the rich really are different.

	web site

LA, Long Beach act to keep containers moving Demurrage fees would kick in sooner under revised tariff schedule. Galveston-Houston port merger vote slated for Feb. The combination was unanimously recommended by Galveston's City Council. Fed Ex Ground plans to add fuel surcharge The 1.25% charge begins Aug. 1. Fuel, currency spurring Asian freight rate hikes The first of what should be a series of rate increases is taking shape in the air and on the seas in Asia. Employers move to fill NY-NJ longshore jobs The new hires are the most since 1979, with more to come. Hanjin to boost capacity on China-US service The carrier is also shuffling its port rotation to handle cargo gains. A new game card that rocks Finally there's the Hercules 3D Prophet GeForce 256 from Guillemot Corp., a video card that stands out for sheer speed and ability to process 3D like no other. Container trade association picks name RightFreight targets integrated logistics management Britain recognizes electronic signatures as legally binding Heavylift Aviation acquires A300 freighters Domestic business sparks EGL Boyd Bros. earnings slide in 2Q Emery names two directors to customs brokerage unit Norfolk Southern posts operating, eaernings improvement Atlas Air reports record second-quarter profit Overnite driver contends company paid him to damage property Airbus edges out Boeing at air show Trailer Bridge posts profit in second-quarter turnaround Air France to boost Hong Kong cargo runs FAA security manager joins IAC Training South African logistics provider expands European network Minister admits Indian airports are in poor shape NTSB discusses 1997 FedEx crash at Newark

	web site

Construction of Rt 9 proposed Guangdong hits the roads Antwerp gets second rail link Contship eyes Thailand Cathay first for SuperLink CSA codeshare with Vietnam Qantas eyes stake in MAS Aeroxchange takes off

	web site
JULY 26, 2000
FedEx ground implements fuel surcharge Hurricane delays in Panama Canal KLM takeover by BA delayed PortofRotterdam.com in 'the air' Roadblock Frejus tunnel

	web site

United Shipping set to make a mark in Ocean trade India, Syria set $ 200 m trade target Bright prospects seen for polymer Engg exports up 16 per cent in April-May Germany to tap country's software potential Concor moves first rakes to ICD-Sachin, Surat Russia moots 'north-south' corridor for goods transport Concor focuses on Kerala Cabinet allows uplinking by Indian cos Govt may allow 49 pc FDI in hi-tech SSI sector CoS submits LNG policy draft for Cabinet consideration Ministry's nod for coffee retention scheme awaited UP finalising Rs 7,000 crore investment proposals in core sectors SSI credit guarantee fund to be operational from Aug. 1 New Executive Committee elected Men at helm Major economic bills await Parliament's nod Export credit refinance rate up FDI cap on ISPs may be hiked NRIs seek norms for online trading Investment treaty proposed

	web site
JULY 26, 2000
API stats push crude down Another oil spill in Brazil Study suggests big fuel savings with "WindShips" Proposal to fit black boxes on ships Price indications for Poland and Lithuania New posted prices for Jeddah/Dammam Busan towards record cargo throughput Time to hedge? Argentinian price indications

	web site
JULY 26, 2000
Senter and Railplan open two warehouses Maersk eyes Malaysian port

	web site

KPA 'Won't' Set Up Inland Port in Uganda UK Urged to Lead Anti-Piracy War Uganda Clearing Firms Say No To URA Monopoly Piracy Worries Fishermen on Lake Victoria Local Freight Agents Want Law Against 'Unfair Competition'

	web site

Concorde tragedy to raise aviation rates AVIATION underwriting rates look set to be pushed dramatically higher in the wake of the Concorde tragedy. Morris cautions class on profits CLASSIFICATION society activity on a for-profit basis creates a fundamental conflict of interest, often with disastrous consequences, the chairman of an international inquiry into shipping safety has charged. GE takes 26% of Rodriquez in float move GE Capital Equity, the finance arm of General Electric group of US, has taken a 26% stake in Messina-based specialist fast ferry shipbuilder Rodriquez Cantieri Navali as part of a move to float the Italian company in 2002. Spanish owner orders Aquastrada monohull with option RODRIQUEZ shipyard has won a E47m ($45m) order from an undisclosed Spanish owner to build a 120 m long Acquastrada monohull fast ferry to be delivered in June next year, writes Giovanni Paci. The order includes an option for a second fast ferry which will be declared shortly. Deutschland cruise to continue "WORDS fail me. We are still in shock," shipowner Peter Deilmann said yesterday, a day after 100 of his cruise passengers and 13 other people lost their lives in the Paris crash of an Air France Concorde. Schleswig-Holstein ports body says no duty-frees killed tourism and shipping THE federation of Schleswig-Holstein's ports, Arbeitsgemeinschaft Schleswig-Holsteiner H'fen, has claimed that the abolition of duty-free sales has had a significant impact on northern Germany's shipping industry, writes Birgit Strietzel, Cologne. Korean bank to act as prices watchdog SOUTH Korea has initiated a pair of self-monitoring mechanisms for ship prices in response to European pressure for price rises and greater transparency from the South Korean shipbuilding industry. Samsung lands first LNG ships export order SAMSUNG Heavy Industries has secured its first ever export order for liquefied natural gas carriers after BP Amoco finalised orders for up to five ships at the South Korean shipbuilder.

	web site
JULY 26, 2000
Colombo Dockyard re-opens US to beef up steel dumping curbs Hatch breaking waves 'sunk Derbyshire' China predicts fall in rice crop Clarksons signs cruise ship deal Draught increase at Walvis Bay Spain agrees mega gas deal Daewoo HI split plan fails Mexico spells out recovery plan Spoornet plans $2Bn upgrade Military hardware held hostage Deutschland cruise will go ahead

	web site
JULY 26, 2000
Colombo Dockyard Is Back In Business 25% Of Shipbuilder To Be Sold European Commission Seeks Legal Action In Subsidy Row