BRIEFS

web site

Shipping News

OECD slams anti-trust immunity for liner groups
THE practice of anti-trust exemption for price-fixing in the liner shipping sector has been blasted by a long awaited report by the Organisation for Economic Development and Cooperation .
ISM supports study to improve manpower use on board ships
Daewoo to build world's largest oil rig
No customs checks on transhipments at Tg Pelepas

Air and Land Transport

Transatlantic fares up despite demand drop: Amex
AIRLINES have increased fares for transatlantic flights after the Sept 11 attacks on the US, even as demand for travel falls by as much as 30 per cent, an American Express Co survey said.
Concorde takes off to a flying start
Swissair welcomes debt restructuring plan
Branson does not rule out stake in Sabena unit
Ansett accepts offer from Fox, Lex
UK expects 'open skies' deal with US within weeks
LOG Book

web site

Shipping News

OECD slams anti-trust immunity for liner groups
THE practice of anti-trust exemption for price-fixing in the liner shipping sector has been blasted by a long awaited report by the Organisation for Economic Development and Cooperation .
ISM supports study to improve manpower use on board ships
Daewoo to build world's largest oil rig
No customs checks on transhipments at Tg Pelepas

Air and Land Transport

Transatlantic fares up despite demand drop: Amex
AIRLINES have increased fares for transatlantic flights after the Sept 11 attacks on the US, even as demand for travel falls by as much as 30 per cent, an American Express Co survey said.
Concorde takes off to a flying start
Swissair welcomes debt restructuring plan
Branson does not rule out stake in Sabena unit
Ansett accepts offer from Fox, Lex
UK expects 'open skies' deal with US within weeks
LOG Book

	web site

Cosco moves into ship repairs Port of Savannah reports Far East growth in container cargo Maersk container vessel named Beijing as China's logistics hub Exel expands in contract with Swedish car maker SAAB Max draught restored in port Singapore carrier announces further global schedule cuts Earnings in sheer plunge at BA Atlas acquires Polar Air Cargo, reports third quarter losses

	web site
NOVEMBER 8, 2001
Deutsche Post profit up Restart Sabena in Delta Danzas to enhance internet services Former KLM-ceo leads Crossair board South African venture Panalpina

	web site

North India's Consolidators Assn.- NICA formed IWAI identifies docking, slipway sites Auto firms allowed to import CBUs Software exports up 34 pc in H1 with Nasscom clicking on optimism Entrepreneurial support agency for Bengal SMIs mooted Concor to consider e-commerce initiative with HDFC Bank Customs duty anomalies may be addressed in Budget Andersen consortium submits Dronagiri SEZ business plan - Total investments projected at $ 1.9 bn by 2007-08 Forex reserves swell by $ 24 m MIGA may team up with ECGC on overseas risks Govt may scrap corporate tax surcharge Gujarat govt urged to destroy Bt cotton seeds Move to help Tirupur knitwear industry Plant Varieties and Farmers' Rights Bill now an Act DoT favours import duty cut on mobile handsets IT sector projected to touch 50-bn by '08 Fabricline Resource Centre launched

	web site
NOVEMBER 8, 2001
Prices moving up in the US Gulf Rotterdam well supplied, limited avails in Antwerp, Flushing refinery downtime ahead Great Belt bunker prices firmer this p.m. Avails very tight in Genoa, resupply soonish Steady Baltic markets expected to rise Friday One supplier out of fuel oil in Istanbul, demand average Demand picking up in Gibraltar Maxcom and Delta Energy merge Singapore fuel oil price surge surprises traders Buyers waking up in firming Piraeus Moderate price increase today in well-supplied Korean market Crude oil rallies as Saudi oil minister talks of big production cut Market firming in Japan Hong Kong market expected to firm, Taiwan fuel oil softer

	web site

FEFC: business plan for 2002 Hong Kong shelves CT10 plans New Word Alliance cuts a string General chemical appoints BDP International AMX restructured Malta Menzies to invest USD 2.7 million

	web site
NOVEMBER 8, 2001
Northrop Grumman and NNS ink acquisition agreement Northrop Grumman Corporation and Newport News Shipbuilding Inc. have signed a definitive agreement under which Northrop Grumman will acquire Newport News Shipbuilding

	web site
NOVEMBER 8, 2001
Greenbrier earnings top expectations for fiscal year ended August 31, 2001 Astoria-based Coast Guard Cutter called to action to support security mission Cascade General boss guest speaker at Portland Propeller Club meeting Federal judge gives go-ahead to Cherry Point dock expansion Union Pacific railroad adding new region based in Kansas City, Missouri

	web site

I Tir «marciano» sul mare Al via l'Ufficio italiano per la promozione della navigazione fra i Paesi dell'Europa Contributi agli armatori, sì del Governo

	web site

Blair aide quits to join BP One of British prime minister Tony Blair's closest aides is to leave the government and join oil giant BP. Anji Hunter (above), a friend of Mr Blair since their school days, will take... Oil giant stymied by ban on old tankers The group confirmed that it was appealing against the ban and the FFr50m ($6.8m) bail decided by the magistrate but said that it would seek to comply with the ban in the meantime. It acknowl... US appeal court rules $5bn Valdez spill fine was excessive A US federal appeal court has ruled that the $5bn fine for punitive damages awarded against ExxonMobil for the 1989 Exxon Valdez oil spill was excessive. The award, the largest punitive dama... Jang fills Kim's chair at HMM HYUNDAI Merchant Marine has named Cheol Soon Jang as president of the heavily-indebted company. He fills a vacuum created by the shock resignation of Kim Choong Shik, who went a month ago. M...

	web site
NOVEMBER 8, 2001
Seafarers call for ferry rethink Exxon Valdez damages 'excessive' Senator urges LNG port re-think Court rules port rules discriminate Reliance targets Haldia storage Ottawa goes with the grain Thai dredger solution on horizon China Shipping defies downturn Chennai to bid for Lanka boxes P&O 'disappointed' by ferry award Subic to push cruise attractions HMM names new president No Renaissance for Hebridean ECT announces board changes Lloyd's cuts Lanka war risk TotalFinaElf to appeal Lines hike rates to survive PSA Corp cuts staff pay Fujairah bunkering gets upgrade

	web site
NOVEMBER 8, 2001
GeoLogistics in turnaround deal The forwarder has received a $67.5 million investment from turnaround specialist, Questor Partners Fund II. Deutsche Post sees record profits The German logistics giant reported record revenues and profits for the third quarter. Congress approves $208 million for dredging The Army Corps of Engineers' budget includes $88.5 million for the Port of New York and New Jersey, and for projects in eight other states. DOT will audit Title XI program Seay joins Lynden Air Freight NOL to raise rates, adjust Asia-Europe services Forwarder: Airlines should just raise rates Colombo premiums cut again Carnet software speeds applications

	web site

Beaucoup de questions restent sans réponse sur l'ère post-Sabénienne Bien que le gouvernement a présenté mercredi, pratiquement immédiatement après la déclaration de la faillite, les garanties financières obtenues pour la nouvelle compagnie aérienne qui sera mise sur pied autour de DAT, les doutes relatifs à la viabilité de celle-ci persistent. Entre-temps, le gouvernement et les syndicats sont arrivés jeudi aux petites heures à un accord de principe sur le volet social de la faillite. Darse à marée: le port d’Anvers ne modifierait pas ses décisions antérieures "Nous avons participé avec les autres parties concernées, à savoir Hesse Noord Natie et l’autorité portuaire, à des négociations axées sur une coopération mais cela n'a pas donné les résultats escomptés, c’est-à-dire que nous n’arrivons pas à la solution la plus pratique pour tous. D’où notre démarche actuelle. Le fait d’avoir promis et réservé une concession à Hesse Noord Natie, n'est pas nécessairement définitif et peut être combattu légalement." C’est ce qu’ont déclaré Roger Roels, directeur de P&O Ports pour l’Europe et l’Afrique, et Paul Valkeniers, managing director Anvers, lors d’une conférence de presse donnée mercredi dernier et qui était axée sur une proposition visant à procéder à un nouveau partage de la nouvelle darse à marée sur la Rive gauche d'Anvers, ainsi qu’évoqué dans une édition précédente. Pas de cabotage pendant quatre ans pour les transporteurs polonais? La Commission européenne va proposer que les transporteurs des pays de l'Est candidats à l'adhésion à l'Union européenne ne soient pas autorisés à effectuer du cabotage dans les autres Etats membres pendant une période de transition de quatre ans, à dater de l'ouverture des frontières à la libre circulation des trafics de marchandises entre l'UE et ces pays. C'est ce qu'écrit l'agence de presse polonaise PNB en se basant sur une information de la "Gazeta Wyborcza". C'est dans la négociations avec la Pologne que le sujet sera le plus âprement discuté, dans la mesure où ce pays devrait être le premier à adhérer à l'UE et que l'issue des négociations avec l'Union feront en quelque sorte jurisprudence. "Le secteur maritime a besoin de mesures comparables à celles de l'aérien" Le Comité central des Armateurs de France (CCAF), qui est présidé par Alain Wils, vient de faire le point sur la conjoncture internationale. La dégradation du marché mondial des transports maritimes était perceptible avant les événements du 11 septembre 2001. Mais elle s'est aggravée depuis lors, avec la baisse des volumes transportés, une chute des tauxde fret et un renchérissement des coûts (assurance, sécurité).

	web site
NOVEMBER 8, 2001
California mulls container tax The proposed $50-per-teu tax on import containers may spread to the rest of the West Coast states. Canmar widens European network Aseco Container Services will represent Canmar in Poland, the Czech Republic and Slovakia. Shanghai shipyard begins work Waigaoqiao Shipyard is constructing the largest bulk carrier ever built in China. Ron Langley leaves MC Shipping The ex-board member will continue his involvement with the company from the sidelines. Lloyd's cuts Sri Lanka war rates London underwriters to slash premiums for Colombo by a third. Belships back in the red Owner returns to loss-making position in third quarter as weakness extends across all market sectors. Nineteen missing after Taiwanese ship sinks The Panamanian-flagged Ho Feng 8 carrying logs to Hong Kong was caught in the Tropical Storm Nanang. Swedish Orient rejigs share structure Shareholders have approved an increase in nominal value of Swedish liner company's stock. Northrop lays out NNS takeover plans Northrop Grumman signs a definitive $2.6bn agreement to take over Newport News Shipbuilding. Silja beats the downturn High passenger confidence boosts Finnish ferry line outlook. Irish police search ships after smuggling tip-off Smuggled cigarettes found aboard Cambodian-flagged ship in Ireland, but German vessel in the clear. Rasgas delays on LNG newbuildings Large projects back-pedal on plans, where a wait might be rewarded by yard price cuts. Canmar expands Eastern European agency network Canadian line seeks to capitalise on expected trade increase. HMM appoints new chief Hyundai Merchant Marine names new CEO to steer line out of debt. IMC holds fast on privatisation plans Majority shareholder in bulk and chemical tanker operator says market instability has delayed delisting decision. Auction date set on four Renaissance ships Bulk of the collapsed cruise operator's fleet to go under the hammer this month. Court orders Bergshav to up dividends Family force tanker owner Atle Bergshaven to raise pay outs after pulling in record profits. Green light for Dutch dredging merger HBG and Ballast Nedam are free to link their dredger operations after court injunction is lifted. Matson to reduce services to Hawaii US domestic shipping company blames economic downturn for decision to cut ship numbers. Court overturns $5bn Exxon Valdez award Big cut in punitive damages in prospect after appeal judges rule award was "excessive."