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Shipping News

MPA stresses importance of safety in shipping
[SINGAPORE] Following the most recent development in the saga of the disgraced Singapore-flagged tanker Neptune Dorado, the Maritime and Port Authority (MPA) of Singapore has emphasised that a safety culture must permeate the shipping industry.
Ship sinks off Turkey, 6 dead

Air and Land Transport

Ansett raises stake in Hazelton to 35.4%
[SYDNEY] Ansett Holdings Ltd said it now owns 35.4 per cent of Hazelton Airways Ltd, giving it an upper hand as it battles rival Qantas Airways Ltd for control of the regional carrier's landing rights at Australia's busiest airport.
HK to launch direct flights to China's westernmost region
Air India plans to double fleet over 5-7 years
Cambodian airline launches flights to Bangkok
Seoul wants to resolve air links issue with Taipei this year
UK's Wiggins may consider tying up with low-cost airline
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Features

Unhappiness about new bunker surcharges
TRANS-Pacific carriers say a new formula for calculating bunker fuel surcharges will be more palatable to shippers, but shippers aren't convinced.

web site

Shipping News

MPA stresses importance of safety in shipping
[SINGAPORE] Following the most recent development in the saga of the disgraced Singapore-flagged tanker Neptune Dorado, the Maritime and Port Authority (MPA) of Singapore has emphasised that a safety culture must permeate the shipping industry.
Ship sinks off Turkey, 6 dead

Air and Land Transport

Ansett raises stake in Hazelton to 35.4%
[SYDNEY] Ansett Holdings Ltd said it now owns 35.4 per cent of Hazelton Airways Ltd, giving it an upper hand as it battles rival Qantas Airways Ltd for control of the regional carrier's landing rights at Australia's busiest airport.
HK to launch direct flights to China's westernmost region
Air India plans to double fleet over 5-7 years
Cambodian airline launches flights to Bangkok
Seoul wants to resolve air links issue with Taipei this year
UK's Wiggins may consider tying up with low-cost airline
Log Book

Features

Unhappiness about new bunker surcharges
TRANS-Pacific carriers say a new formula for calculating bunker fuel surcharges will be more palatable to shippers, but shippers aren't convinced.

web site

Shipping News

MPA stresses importance of safety in shipping
[SINGAPORE] Following the most recent development in the saga of the disgraced Singapore-flagged tanker Neptune Dorado, the Maritime and Port Authority (MPA) of Singapore has emphasised that a safety culture must permeate the shipping industry.
Ship sinks off Turkey, 6 dead

Air and Land Transport

Ansett raises stake in Hazelton to 35.4%
[SYDNEY] Ansett Holdings Ltd said it now owns 35.4 per cent of Hazelton Airways Ltd, giving it an upper hand as it battles rival Qantas Airways Ltd for control of the regional carrier's landing rights at Australia's busiest airport.
HK to launch direct flights to China's westernmost region
Air India plans to double fleet over 5-7 years
Cambodian airline launches flights to Bangkok
Seoul wants to resolve air links issue with Taipei this year
UK's Wiggins may consider tying up with low-cost airline
Log Book

Features

Unhappiness about new bunker surcharges
TRANS-Pacific carriers say a new formula for calculating bunker fuel surcharges will be more palatable to shippers, but shippers aren't convinced.

	web site

Mineta tabbed as transportation secretary The California Democrat and current Commerce Secretary has also served as chairman of the House Public Works and Transportation Committee. UPS, FedEx will face rate hike fight Analysts expect major shippers to resist the full increases the carriers plan to impose next month. Ocean capacity increases set for 2001 CMA-CGM's spring plan for trans-Pacific New World Alliance boosts trans-Pacific, Asia-Europe No place like home with remote control A new wireless system makes homeowners masters of their domains. Ocean carriers rethink westbound veggie rates Rotterdam sets cargo record, but containers falter Crowley Logistics launches new center for 3PL customers Korean company tailors Web software for tramp sector Switzerland opens its highways to bigger trucks UPS raises rates 3.7% following lead of rival FedEx Air cargo hub planned in central Indian city AMR Research sees future in trans-Atlantic cooperation for exchanges

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JANUARY 2, 2001
Disappointing container throughput Rotterdam Strike threatens Air France Big Antwerp growth, also in containers Boeing beat Airbus in 2000 Air Canada halts Schiphol flights Evergreen with agency in the Netherlands and Belgium

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Shipping industry to acquire used ships under foreign flags Hanjin to enter South Atlantic trade Kalmar Industries may acquire Nelcon BV HK terminal opens logistics-enhancing Website ABX Logistics forms alliance with Capstan Systems "K" Line forms logistics company Financial Times names 9 'Most Respected Transport Companies' San Miguel plans to set up 84 ports in Luzon by 2002 Port of LA takes steps for better efficiency International box port opens on Yangtze Port Klang earmarks more investment to upgrade equipment Belgium may lend a hand in developing Korean ports PTP purchases 2 more mobile cranes Port of Hamburg expanding its box terminal Global ship orders projected to rise by 40 per cent CMA-CGM & ANL strong in Port Klang UniFeeder adds second sailing Alibaba's portal and the four B2Bs Russia to invest $ 105 m in port infrastructure MOL, TNWA add call at Aden Hapag-Lloyd to become shareholder of Inttra COSCON expects to handle 28 pc more cargo this year NYK confirms Crystal cruise ship Wah Kwong lines up VLCC order River Rhine box transport rises strongly ANZDL, P&O among 4 carriers to submit vessel sharing pact document Ayurveda is US-bound! Bengal exports Rs 200 cr. worth handicrafts to UK Oleoresins, mint oil, curry powder may hold key to future spices exports Govt allows limited fodder exports Bangla-India Chamber task force to spot infrastructure snags Coffee Board formulates strategy to maintain 10 pc export growth Dumping probe on analgin import from China, Taiwan Jaitley: Govt will soon clear Vallarpadam box terminal Navlakhi Port sets record in unloading SRTEPC to release additional quotas on Jan. 10 Budget to indicate direction to economic growth IIFT paper allays fears on QRs removal Exports register 21 pc growth to $ 29 bn during April-Nov. DCA extends deregistration scheme till Jan. 31 NTBs on used car imports likely to be imposed MoF may scrap 10 pc I-T surcharge Scabal bags top Capexil export award again Solvent units get more time to obtain licences

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JANUARY 2, 2001
Rotterdam bunker market opens firmer Singapore starts week quiet and firm Bunker prices for Irish ports Novorossiysk opened after closure OPEC expected to cut output, crude oil rises over 2% Brazil bunker prices

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ShipDesk crash sparks shakeout SHIPDESK, the London based online chartering site, has gone into liquidation, in what could mark the start of a huge shakedown in the shipping dot.com world. Australian bank boosts bolero.net client base ONE of the dot world's sturdier projects, bolero.net, has strengthened its client base with the recruitment of its first big Australian bank, Westpac. Western Bulk suspends shares ahead of split Share trading in Oslo-listed Western Bulk Shipping has been suspended until Friday, when an extraordinary meeting is scheduled to ratify last November's two-way split of the company. Osprey seeks higher offer by Fredriksen LIQUID bulk operator Osprey Maritime, involved in one of four bidding consortia for a major Indian LNG contract, has moved to raise the price offered for a minority of its shares by entrepreneur John Fredriksen's World Shipholdings. ResidenSea orders second ship ResidenSea, the brainchild of Norwegian cruise scion Knut Kloster Jr, has ordered a second oceangoing resort ship at Norway's Fosen Shipyard, at a cost of NKr2.6bn ($280m). Sheerness projects to create over 300 UK jobs WORK is set to start on two developments at the Port of Sheerness, jointly worth £3.5m ($5.5m), which could create more than 300 jobs once completed. Calmer seas in wake of Commodore crisis While the financial failure of any company is a catastrophe for those closely involved, there will be those in the harsh commercial world of cruising who will have an ambivalent view of Commodore's filing for Chapter XI bankruptcy. Residents of Ross Island in Antarctica Residents of Ross Island in Antarctica greet the US Coast Guard vessel Polar Sea by McMurdo Station at Hut Point during the new year celebrations, which also mark the arrival of icebreakers that create a channel for cargoships bearing much-needed supplies.

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JANUARY 2, 2001
Osprey unveils impressive profits ShipDesk goes under Cruise newbuildings in doubt New Panama tax strikes wrong chord Singapore extends port rebate Sheerness plans major expansion IPC president steps down Panama rejects nuclear curb claims Petrobras name change blocked Customs seize government shipment USCG recalls 'suspect' licences Commodore Holdings collapses Canada boosts LR connection Toyota quits Cherbourg Migrant ship sinks off Turkey ShipDesk shuts shop Canada faces grain shutdown Australian conference cleared SembCorp restructures Osprey shares 'undervalued' Illegals put back on Med ferry Salvor appointed for Janra 'Road to sea' route suspended

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JANUARY 2, 2001
Osprey profit soars Takeover target reports massive turnaround as profit of $106m replaces huge losses. Exmar declares third LNG carrier Belgian's Exmar is backing its LNG punt but may be getting Japanese support on its newbuildings. Petronet pulls in bidders Companies hoping to win LNG carrier contracts from India's Petronet must make a further price bid. ShipDesk sinks without a single fixture Internet chartering project goes into liquidation as bid to find further funding fails. Korean giants predict record revenues Hyundai Merchant Marine and Hanjin Shipping are talking up sales, but offered no new earnings clues. Taiwanese ships make history China-Taiwan shipping links are inching forward. ResidenSea orders resort sistership The floating cruise resort firm has returned to Norway for a second ship. 300 new jobs for UK port New developments at the Port of Sheerness will create more than 300 jobs. TFDS ups cruiseship order Norwegian shipowner TFDS hopes to attract more foreign passengers to its new ships. Bulker holed in collision off Belgium A COSCO ship has been damaged in a collision with a freighter off Ostende. At least eight die as cargoship sinks A Georgian cargoship carrying large numbers of illegal migrants has run aground and and broken in two off Turkey.