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Shipping News

Jaya expanding Batam yard to handle more offshore vessels
LOCAL shipyard and charterer, Jaya Holdings Ltd is to expand its Batam shipyard within two years to cope with the rising demand for offshore vessels which has filled the company's $120 million order book for the next 18-24 months.
Hutchison set to close US$1b Xiamen deal
Asian Terminals secures 1b peso loan deal with 9 banks
Precious Shipping sees painful year ahead
Beware of robberies in Antwerp: P&I Club
Indon stevedores threaten strike

Air and Land Transport

Airbus in joint airborne Internet, e-mail venture
AIRBUS Industrie and Astrium have entered a joint venture with two smaller US companies to compete with Boeing Co in bringing e-mail, Internet access and real-time television to airline passengers and crews, the Wall Street Journal online reported.
S'pore venture loses bid to run Omani airports
JAL cargo hit by slowdown
China's domestic car industry challenging foreign producers
Log Book

web site

Shipping News

Jaya expanding Batam yard to handle more offshore vessels
LOCAL shipyard and charterer, Jaya Holdings Ltd is to expand its Batam shipyard within two years to cope with the rising demand for offshore vessels which has filled the company's $120 million order book for the next 18-24 months.
Hutchison set to close US$1b Xiamen deal
Asian Terminals secures 1b peso loan deal with 9 banks
Precious Shipping sees painful year ahead
Beware of robberies in Antwerp: P&I Club
Indon stevedores threaten strike

Air and Land Transport

Airbus in joint airborne Internet, e-mail venture
AIRBUS Industrie and Astrium have entered a joint venture with two smaller US companies to compete with Boeing Co in bringing e-mail, Internet access and real-time television to airline passengers and crews, the Wall Street Journal online reported.
S'pore venture loses bid to run Omani airports
JAL cargo hit by slowdown
China's domestic car industry challenging foreign producers
Log Book

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Hutchison subsidiary forms alliance with Yue Yuen Yangshan project begins New heads at Danzas Kalimantan toll Sino-Japan trade on the rise Yangtze to be spanned in Jiangsu infrastructure projects HACTL launches electronic check list Matthews resigns from BA Exel descends on Maastricht Aachen Airport TNT Express expands in Eastern Europe

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SEPTEMBER 10, 2001
Air NZ offers Ansett To Qantas Consultation at Sabena after the prohibition to strike Shares in NOL down Plan for EU-China maritime agreement Third quarter loss American Airlines Samsung Electro-Mechanics UPS-customer United Airlines provider for i2 FreightMatrix customers

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Anti-dumping duty on sodium ferrocyanide to continue Bangladesh yarn exporters set to give India stiff competition Scope to boost exports to China seen Kandla Port attains second position in April-Aug 2001 - Ministry's target exceeded by 3.29 pc PPT's mechanised coal handling plant inauguration today IA flies A-320 between Mumbai-Nagpur DSP Forwarders ties up with RJG Int'l Transport to provide services to US Concor pays higher dividend of 67 pc Forex reserves rise continued for sixth week in succession WTO-compatible subsidies for agri exports on cards Forex reserves soar by $ 406 m West Bengal to set up 3 agri-export zones India may insist on 30 pc value-addition clause in treaty with Nepal Karnataka to set up 5 new AEZs Tata Steel shows fresh interest in Orissa SEZ Inflation dips Centre may formally sanction Dronagiri SEZ this month USITC report sees scope for overseas investors in Indian textile sectors Flicker of slowdown reversal seen Steel demand projected to grow by 20 mt in 5 yrs J.J.Irani may head Steel Alliance Tea panel to apply mind on problems, prospects 16 Indian firms attend Saarc fair

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SEPTEMBER 10, 2001
Rotterdam steady after $2 price increase, Antwerp refinery problem resolved Singapore and Korea firm after Friday's price gains Battle for Brent has begun Snug US gasoline stocks bring on surge in European export cargoes Crude at 2 and a half month high Friday

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SEPTEMBER 10, 2001
OOCL, Hong Kong, appoints Hanza Forwarding as its new agent in Latvia Lykes Lines and TMM Lines launch new liner service «Twin Track» modernisation programme for British road haulage industry Austrian road pricing to be introduced by July 1, 2003 Extra Express Transport Logistik AG Norwegian transport company Blomquist Bulk Cargo (BBC) sets up German subsidiary New joint venture in Hungary A.P. Møller increases revenues

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SEPTEMBER 10, 2001
Portland International Airport due for emergency response exercise Study finds Stampede Pass Ok for daylight passenger rail service DOT fines Northwest Airlines $3 million for treatment of passengers with disabilities Port of Tacoma executive director named head of China relations council Dutch Harbor continues string as top volume fishing port in US

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Baltic ferry practice Navy helicopters and vessels are seen here responding to a simulated accident between a ferry and a container vessel off the Baltic coast yesterday. In all 20 vessels, six helicopters and na... FMC targets Chinese lines in probe on unfair prices THE rapid growth of state-owned Chinese shipping lines in the US trades has come under threat by an investigation by the Federal Maritime Commission into unfair pricing practices, writes Janet Port... ISM code 'can slash' hull and P&I claims says Swedish Club COMPLIANCE with the International Safety Management code results in a dramatic reduction in hull and P&I claims, according to research by the Swedish Club exclusively published in Lloyd's... Forth Ports eyes Scapa Flow box terminal FORTH Ports said yesterday that it was "looking with interest" at plans to turn a former deepwater navy base in Scapa Flow into a container transhipment hub. The group's ch... Colonel Gaddafi goes bananas LIBYAN leader Colonel Muammar Gaddafi has stepped into the crisis facing Caribbean banana production with an offer to buy up all the bananas in the region at prices above market value. The b...

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SEPTEMBER 10, 2001
Norway launches marine insurer Kolkata charges halved November start for Havre expansion Builders fear capacity increase Keppel yard investment under threat Grounded coaster to be salvaged India reviews tonnage tax issue Australia re-defines territory Forth Ports posts record interims Korea resumes Indonesia gas imports Labour dispute hits Andamans link Viking spurns Finnish tonnage tax Corsica Ferries traffic surges Maltese re-open talks with Libyans Pirates attack US research ship Evergreen in Benelux terminal search

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SEPTEMBER 10, 2001
Creel: OSRA "working well" The chairman of the Federal Maritime Commission said most complaints are coming from intermediaries who want all of the Act's benefits but none of its responsibilities. TPG chief quits to run Dutch telecom Ad Scheepbouwer, who led the transformation of TPG into a global logistics powerhouse, has resigned to become chief executive of KPN, the financially-ailing Dutch telecom provider. Maersk launches U.S.-Oz service The line sets a new service linking the United States' East Coast, Gulf Coast and West Coast directly with Australia and New Zealand. Hutchison expanding in China Danzas Corp. consolidates U.S. customs brokerage RailPower Technologies launches hybrid locomotive Hutchison e-unit inks footwear deal Delays at Brazil port Security check for Colombo

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SEPTEMBER 10, 2001
Smedvig signs West Navion deal Deal worth up to $40m fails to spark Navion buyout. IHC Caland raises cash for fleet expansion A new share issue could see the Dutch company build up its range of FPSOs. More changes mooted at Stolt As founder Jacob Stolt-Nielsen leaves one of his roles, the tanker group proposes three new board members. Frontline denies VLCC floor rate plan Call for $40,000 a day tanker rate just brainstorming says Tor Olav Troim. Wuhu inks $40m in offshore newbuildings Ambitious Chinese yard returns to offshore sector with four ship deal. Hong Kong slips from peak Container volumes in the second quarter fell by 1% at the key port. Lasco aims for $25m profit Latvian shipping chief Andris Klavins has said there will be no costly reassessment of fleet value this year. Scottish ports boost Forth Profits rise at the UK ports company, with Grangemouth container volumes leading the way. Formosa ship collides with VITACO tanker Diesel oil spill off southern Vietnam after chemical carrier collides with handysize product tanker. Australia detains eleven Livestock carriers and handysizes fall foul of Australian port state control. Aussie navy intercepts asylum seekers Troopship carrying Tampa refugees has intercepted a further boatload en route to Papua New Guinea.