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Shipping News

Zim relocates Med service from PSA to Jurong Port
PSA Corporation has lost another container shipping line, this time to its home-grown Singapore rival, Jurong Port.
Shipping lines warn of rate rise next year
Offshore unit poised to win more orders: Daewoo yard
Enron failure to hit Asia freight rates hard

Air and Land Transport

Lufthansa Cargo hopes to forward sell 40% of capacity
LUFTHANSA Cargo is pushing ahead with moves to forward sell capacity for between 12 and 18 months in an effort to 'share the risk' of its aircraft assets and stabilise cargo prices after a dismal year, executive board member Andreas Otto said in Singapore yesterday.
Flat growth forecast for Asia's air cargo
Air France training cabin crew to serve Asians better
Delta offers discount fares for East Coast travel
FAA upgrades Seoul's aviation safety ratings
LOG Book

web site

Shipping News

Zim relocates Med service from PSA to Jurong Port
PSA Corporation has lost another container shipping line, this time to its home-grown Singapore rival, Jurong Port.
Shipping lines warn of rate rise next year
Offshore unit poised to win more orders: Daewoo yard
Enron failure to hit Asia freight rates hard

Air and Land Transport

Lufthansa Cargo hopes to forward sell 40% of capacity
LUFTHANSA Cargo is pushing ahead with moves to forward sell capacity for between 12 and 18 months in an effort to 'share the risk' of its aircraft assets and stabilise cargo prices after a dismal year, executive board member Andreas Otto said in Singapore yesterday.
Flat growth forecast for Asia's air cargo
Air France training cabin crew to serve Asians better
Delta offers discount fares for East Coast travel
FAA upgrades Seoul's aviation safety ratings
LOG Book

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Shenzhen ports launch PRD shuttle barge services K Line to strengthen IT support Rickmers appoints UK agent PTP orders quayside cranes APL bags Aussie award Shipbroker institute appoints new director as Fletcher UPS to cut fuel surcharge Continental Airlines reports performance for November Maersk Logistics expands in South Asia IATA to host air cargo week

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DECEMBER 6, 2001
15 Airbusses Lufthansa CNF Combines Emery and Menlo US government wants BA/AMR alliance French flight controllers strike BA traffic down SAS to sell airport properties KLM traffic down

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Ship-to-ship coal discharge at Sandheads likely Pak raises sugar import duty Silk exporters scouting for new markets in Asia-Pacific Netherlands sets up business support office (NBSO) in Gujarat Mahadipur LCS thrown open for exports to Bangla Shrimp export front turns bright as prices firm up Bangladesh forms 2 panels to study gas export issue Govt releases additional quota for garment exports TAMP fixes rates for coal handling at Paradip Port Biggest loan deal for highway in AP being finalised VMA irked by treaty extension with Nepal Biotech industry in for better deal CR flat product imports face dumping duties CBEC gets into third stage of strategy for C-BIN LNG sector may be denied fiscal incentives CIAe hosts 3rd International Fashion Show and Awards Nite - Crisis Management Cell in Ministry to resolve garment exporters' problems in time-bound manner: Rana

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DECEMBER 6, 2001
Antwerp with competitive edge over Rotterdam on better avails, prices Italy market review, Maxcom Energy starts bunker supply in Trieste New IPE Board Directors announced Mostly quiet week in Great Belt and Baltic markets Some suppliers congested in Gibraltar short term Demand sluggish in Piraeus, Istanbul picks up Crude oil gains reversed as market is kept waiting for confirmation of OPEC cuts Update on South African strike Singapore tight near-term, prices stabilise Japan market firm this week in line with Far Eastern trend Modest price increases in well-supplied Korean market Slight price changes in Hong Kong and Taiwan Rotterdam morning market report

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DECEMBER 6, 2001
IMO to act on maritime security Maritime security was a major concern at the recent 22nd Assembly of the International Maritime Organization (IMO). Schubert confirmed as Maritime Administrator Captain William G. Schubert has been unanimously confirmed by the Senate as Maritime Administrator. Former Renaissance ships reflagged Six of the former Renaissance cruiseships now owned by Cruiseinvest LLC, a Marshall Islands-incorporated company, have been reflagged to the Marshall Islands EU governments fail to back subsidies European Commission proposals for a "temporary defensive mechanism" of shipyard subsidies, yesterday failed to win sufficient backing from European Union governments to take effect. New board at Masa-Yards Following the Røkke revolution at Kvaerner ASA, a new Board of Directors has been elected at Finland's Kvaerner Masa-Yards Inc..

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DECEMBER 6, 2001
Evergreen ending Round-the-World service in favor of two new pendulum routes Three Columbia River ports hold joint commission meeting Portland International Airport home to Holidays take Flight celebration Shipping lines looking for flat cargo growth rates to continue Coast Guard nabs bags of drugs headed from Canada to Anacortes

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Standards Act Angers Mombasa Cargo Dealers L.V. Passenger Ships Resume

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Più Mediterraneo per Festival Genova «cabina di regia» della rete commerciale Per Royal-Princess una joint europea

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South Korea incensed at French LNG plans SOUTH Korean shipyards have hit out at French efforts to extend European Union subsidies to incorporate lucrative contracts to build LNG carriers. Lines prepare for fight over OECD assault LEADING container lines have condemned the OECD's report into liner shipping competition as 'replete with speculative and unsubstantiated assertions'. Mare Maritime splits with Anglo-Eastern ANGLO-EASTERN Ship Management has ended its shipmanagement joint venture with Mare Maritime of Athens, inherited when it absorbed Glasgow's Denholm Ship Management earlier this year. More '

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DECEMBER 6, 2001
Vera fails second safety test Bidders again sought for Varna South Africa goes back to work Thai flag rules 'archaic' WA steel project moves forward Poor roads benefit Brazil shipping P&O NSF concedes port work dispute Kværner yards fear lean times N Harbour now set for privatisation Gearbulk buys BHP Billiton shipping Korea lures foreign port investors HUAL scoops up Kiwis Peru ports inaction hits exports Row as EU drops subsidy threat Big boys back Bolivia LNG plan Oz handling revenue hits new low Chennai cranes "sabotaged" MarAd 'threatened by defaults' Washington gets sweets from Senate New Galapagos spill feared

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DECEMBER 6, 2001
House passes Trade Promotion Authority bill The legislation, which gives President Bush authority to negotiate global trade agreements, now goes to the Senate. No changes from Paris liner talks: Koch The head of a carrier trade group says he does not expect major legislative initiatives to come out of today's forum on ocean shipping regulation. Canada launches low-risk border clearance Two American light trucks crossed from Detroit into Windsor, Ontario, almost without stopping, inaugurating an electronic pre-clearance program designed to tighten security and keep goods flowing. Deutsche Post taps Swisscargo chief Hearing points up port security concerns UPS layoffs in Brazil Crowley Liner Services will haul Cuba relief supplies Air France to abolish fuel surcharge NY port official calls for container 'chain of custody' S&P: Container shipping outlook 'weak' Ireland implements tonnage tax EU govt's. reject shipyard subsidies Maersk Sealand plans new India-US service CN opens Memphis distribution center Lufthansa drops fuel surcharge

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Un juge britannique qualifie d’illégales les amendes sur les clandestins La politique britannique d’immigration vient d’enregistrer un sérieux revers suite à la décision de la haute cour de justice britannique qui a jugé que cette politique allait à l’encontre de la législation européenne relative aux droits de l’homme. La libre-circulation des personnes et des marchandises dans les Etats-membres de l’Europe serait également mise à mal par la loi d’immigration britannique. Un porte-parole de l’Home Office (Affaires intérieures) a déjà signalé qu’il comptait aller en appel contre cette décision. CNF regroupe trois divisions au sein de Menlo Worldwide Le groupe de transport américain CNF va mettre un terme aux activités de la compagnie aérienne Emery Worldwide Airlines. L’entreprise a par ailleurs décidé de créer la nouvelle entité Menlo Worldwide, qui intégrera les divisions Menlo Logistics, Emery Worldwide et Vector SCM. CNF, en effet, a décidé de se réorganiser assez fondamentalement. DFDS Tor Line va aligner ses premiers nouveaux rouliers sur AngloBridge DFDS Tor Line vient de transformer en commande fixe la première de ses cinq options sur des navires roro d’une capacité de 4.000 m linéaires et d’une vitesse de croisières de 22 noeuds auprès du constructeur naval allemand Flensburger Schiffbau-Gesellschaft. L’armement avait déjà passé commande de trois navires de ce type. Les quatre unités déjà commandées seront mises en service entre septembre 2003 et août 2004. Les trois premiers navires seront alignés sur le service AngloBridge entre Göteborg et Immingham et augmenteront la capacité sur cette route de 40%. Cela signifie concrètement que l’opérateur roro renonce à son projet d’aligner déjà dans cette première phase un des trois grands navires sur le service EuroBridge entre Gand et Göteborg. Mais en échange, Gand recevrait les trois derniers navires de l’armement, construits en Italie et pouvant embarquer 2.800 m linéaires de cargaisons roulantes. Selon le presiding director de DFDS Tor Line, Ole Frie, le quatrième navire de 4.000 ml pourrait également venir s’ajouter à ceux-ci. Europe du Nord-Amérique du Sud: quelle place pour P&ONL? Vers la mi-mai 2002, l’armement P&ONL aura quitté le groupe “VSA 3”, qui regroupe plusieurs armements dans le cadre d’un accord de partage de navires (vessel sharing agreement) et qui opère sur la route entre l’Europe du Nord et la côte est de l’Amérique du Sud. Le fait d’avoir signifié son retrait aux partenaires concernés implique pour cet armement la nécessité de se trouver un autre contexte opérationnel, étant donné qu’il a la ferme intention de rester présent dans ce trafic. Ce départ est également l’occasion pour les membres restants du “VSA3” de repenser leur opérations.

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DECEMBER 6, 2001
US embargo on Cuba remains in place The first US shipment to Cuba for the first time in 40 years does not signify a softening US policy. Petrobras appoints new head Francisco Gros will have to deal with criticism over a series of spills and fatal accidents. Schubert sworn into office The new US Maritime Administrator is officially sworn into office onboard SS Cape Kennedy in New Orleans. Virgo extradition hearing postponed Completion of the Virgo crew extradition process is expected to take months. Caribbean cruise pricing shows firmness Most cruise companies halted the Caribbean cruise price slide and increased yields in November. Anangel-American set to go private John Angelicoussis to buy out shareholders in deal that puts $59m price tag on company. Equasis gets cash backing Ship safety database stays free as five countries pledge funds. Mare Maritime and Anglo-Eastern split Manager's merger ends a second partnership for Greek shipmanagement company. Hanjin floats notes Korea's Hanjin Shipping is issuing KRW 200bn in notes and says further debt offerings may follow. Varna sell-off back on the agenda Ailing Bulgarian yard could fetch $15m through a sale tender in January. Steamship Mutual in $110m cash call Otto Fritzner springs costly shock on members of no supplementary call club. Captain Wei takes the helm Cosco's charismatic CEO Wei Jiafu will be charting the course for chinese owners. MISC makes VLCC move Malaysia International Shipping Corp has finally gone public on its hunt for large tanker tonnage. Korea defends LNG shipbuilding dominance As France holds out for LNG yard subsidies, Korea denies any illegal state aid in the sector. Daewoo talks up 2002 earnings Korean shipyard planning new look for next year as it draws away from its parent group. Ship finance capacity on the rise The amount of money in ship finance is increasing, but the number of banks involved is dwindling. Norwegian Shipowners appoints new boss Marianne Lie takes the helm in break with tradition of male chiefs. Waigaoqiao dubs TCC bulker 'Green Cape' Capesize newbuilding has been designed for better structural integrity and to be greener.