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Shipping News

Newly privatised Chennai struggling with congestion
CHAOS is reigning at the newly privatised Indian port of Chennai as P&O Ports struggles with sabotaged equipment and staggering congestion, saying it will have things back on track within a week.
Work on Subic Bay Freeport grains handling terminal starts
Kuching port's debts rated AA+(s)
HK customs seize heroin worth US$2m

Air and Land Transport

American Air chief warns of big 2001 losses
AMERICAN Airlines chairman Donald Carty is warning employees that the world's largest carrier is still losing millions every day and struggling to make travellers feel comfortable about flying.
European air traffic down by smaller 16%
Malaysian airports handle less cargo
Govt should pick up bulk of security costs: Air Canada
HK's air traffic down in Nov
SriLankan to offer voluntary retirement to 20% of staff
Atlanta airport won't meet deadline on baggage screening

web site

Shipping News

Newly privatised Chennai struggling with congestion
CHAOS is reigning at the newly privatised Indian port of Chennai as P&O Ports struggles with sabotaged equipment and staggering congestion, saying it will have things back on track within a week.
Work on Subic Bay Freeport grains handling terminal starts
Kuching port's debts rated AA+(s)
HK customs seize heroin worth US$2m

Air and Land Transport

American Air chief warns of big 2001 losses
AMERICAN Airlines chairman Donald Carty is warning employees that the world's largest carrier is still losing millions every day and struggling to make travellers feel comfortable about flying.
European air traffic down by smaller 16%
Malaysian airports handle less cargo
Govt should pick up bulk of security costs: Air Canada
HK's air traffic down in Nov
SriLankan to offer voluntary retirement to 20% of staff
Atlanta airport won't meet deadline on baggage screening

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George Mulligan takes drop on Port of Brisbane CargoSmart gets smarter Conterm appoints new managing director Prominent figures named to new logistics council

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DECEMBER 12, 2001
Financial support for barging Airline DAT supported Korea plans port investments Port security upgrade in the USA Strategic alliance in warehousing and distribution

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Evergreen to re-shape its global services - New schedules from mid-February 2002r Famous Pacific starts dedicated Pacific Islands services Hutchison Port gets EC nod to buy control of ECT Maersk elected Best MLO B&Q International, Maersk Logistics sign strategic alliance agreement Tasman Orient to revamp Asia service International Handybulk Carriers; new shipping consortium launched MOL to improve Asia-S. Africa service Adsteam to meet profit target "K" Line goes in for additional 5,500-TEU post-Panamax containership - To launch new Asia-Europe service with Yang Ming New weekly Asian service to begin in April 2002 Lykes Lines to launch on-line Bills of Lading for Africa soon APL starts paperless BLs process Samudera plans expansion into logistics, forwarding - Indon feeder line sets up new subsidiary in Middle East Mammoth containership in Hapag-Lloyd fleet Global focus on Puerto Rico's port PSA wins 'Best Container Terminal' Award "K" Line unit to merge with IT firm Zulash Clearing bid to enhance MbPT productivity Oilmeal exports rise by 22.2 pc in November Dumping duty on acrylic fibre recommended Car exports race up in April-October Dumping duty imposed on CR flat steel imports 15 pc rise in gems, jewellery exports in November NHAI given job of linking 12 Major Ports to highways Rites in $ 500,000-deal with Malawi Rlys Rites to invite EoIs for building 21 lakh silos soon Mining sector logs 3 pc growth New scheme to lure pvt. players to core sector may find favour with govt RBI allows IOC to re-export crude More investments urged in leather footwear sector to boost exports Finance Ministry may prune peak customs duty by 5 pc Bengal govt planning 3 fruit EPZs ACMA wants import duty to continue Japanese mission coming on business Foodpro 2001 gets positive response

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DECEMBER 12, 2001
Investigation ends in indictments for Salt Lake City airport security workers New U.S.-flag vessel will benefit from speedy Coast Guard certification Oregon Governor Kitzhaber will speak with Port of Portland commission today New rules for ballast water reporting taking effect as of December 21st Department of Commerce looking for US representation on Japan commission

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Lloyd's expects record business next year Lloyd's of London expects to do a record '12.3bn ($17.7bn) of insurance business next year as it takes advantage of surging premiums since the World Trade Center disaster. Shock asbestos ruling lets insurers off hook INSURERS faced with massive claims from workers affected by asbestos-linked diseases were yesterday reassessing their potential losses after a "devastating" ruling with implications for maritime industries. Humber strike begins with a bump as ABP pilot trainer is involved in collision The first ship to be handled under Associated British Ports' controversial new pilotage arrangements along the Humber Estuary has been involved in a collision.

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DECEMBER 12, 2001
Silversea's Smith steps down Miami pot bust JN Port attracts bidders Lines win war risk reduction Kuwait seeks bids for oil terminal Durban back to normal by 2002 Nigeria Customs spars with agents N of E Club sets 25 per cent Erika payout to end in 2002 Gesco plans $21M share issue Savannah sets new box record Princess joins elite in FTSE100 Ships collide in strike-hit Humber Court blocks ABP appeal Confitarma threatens flag-out More market pain: Oldendorff 60 more berths for Inchon Grimaldi ups ACL holding Arison: no ship cancellations Humber pilots' strike is on Indian yards' future under review Swedish Club goes for 25 per cent P&O acts to ease Chennai congestion Liberia calls in IMF

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DECEMBER 12, 2001
U.S., Canada in "smart border" accord The plan will utilize electronic pre-clearance to minimize security risks while expediting the flow of trade. Rail carloadings edged up in Nov. Traffic increased by 1.7 % in November compared to the year-ago, but still lags for the year. "Best ever" year for Hapag Lloyd Germany's largest shipping and logistics group will show a profit in the fourth quarter. CP Ships closing on $350M credit facility Customs updates textile transshipment list Millard, Zim executive, dies at 58 Airborne Express, OfficeMax in partnership Norfolk Southern to shut down country's steepest rail route Former AA exec Brannon consulting with IATA Enberg to head Pacific Coast forwarders group P&O Nedlloyd expanding China service Feeders hike Indian surcharge

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Les activités de SBT/Danzas désormais intégrées dans Speedpack Deutsche Post World Net (DPWN) regroupera à partir du 1er janvier les activités de distribution nationales de Danzas Solutions en Belgique (connu comme SBT) dans une nouvelle entité juridique distincte: Speedpack. Cette nouvelle entreprise fera partie de Van Gend & Loos Euro Express en tant que business unit distincte et relèvera, tout comme les autres partenaires express de DWPN, de la division Deutsche Post Euro Express. Deux nouveaux services ferry en perspective à partir de Zeebrugge et Ostende Deux nouveaux services ferry vers la côte Est du Royaume-Uni devraient être lancés dans les semaines ou mois à venir, l’un à partir de Zeebrugge et l’autre à partir d’Ostende. Selon les informations dont nous disposons, les contours des deux services sont déjà bien définis. Les parties concernées ne souhaitent pas encore mettre cartes sur table suite à des considérations concurrentielles. Elite Paloumé Forwarders fête son dixième anniversaire Il y a aujourd’hui près de dix ans que l’entreprise d’expédition Elite Paloumé a été créée. L’administrateur délégué et fondateur Hubert Van Houwaert et l’administrateur Patrick Frederickx passent en revue une période qui a certes passé en coup de vent, mais qui a été fertile en évènements. Les Régions se sont mises d’accord sur le financement de New DAT Hier matin, les trois Régions sont arrivées à un accord sur le financement de New DAT. Le sort de la nouvelle compagnie aérienne dépend désormais des créanciers de SIC et le tribunal de commerce. Leur décision sera déterminante.

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DECEMBER 12, 2001
Silversea's president to step down The company has no plans to replace Bill Smith after he leaves on 15 December. Crystal Cruises upgrades insurance coverage The cruise company offers 90% cruise credit for last minute cancellations. Carnival Pride ready to sail Sister ship Carnival Legend was floated out of her building dock Wednesday. Floating dock arrives at Freeport shipyard The largest floating dock in the US eastern seaboard is to be operational by end of March 2002. Demurrage unpaid on marooned ULCC European Navigation is getting frustrated as its tanker Essex enters its eighth week sitting idle in Curacao. US Navy probes oil-smuggling ship sinking The crew may have disabled the overloaded vessel in hopes of regaining their freedom. CP Ships to get more bank credit The new $350m revolving credit facility will fund the company's $800m ship investment programme. Lasco sell-off plans detailed Privatisation agency's latest ruse in five-year sell-off battle. IMF may audit LISCR revenues The Liberian ship registry gives full support to the move made by the goverment. Snohvit partners sign up on LNG ships Norwegian gas project partner TotalFinaElf poised to make debut as an LNG shipowner. Government talks tankers with Pertamina Indonesian government ministers hope tanker newbuilding plan might further its LNG bid. P&I clubs seek a $350m rate rise Three more clubs set 25% general increases as they wait for an ice-free Baltic Sea. P&O Princess to star on FTSE 100 Cruise liner company set to make debut on stock market index following reshuffle. Arison doesn't rule out Carnival acquisitions Boss of still the world's largest cruise line says he is open to discuss mergers with 'virtually anyone'. Hong Kong holds eight offenders MISC chemical tanker among ships held for falling foul of November port state control inspections. Surf rolls in for third Orskov PSV French owner returns to Danish yard to order a third offshore newbuilding. Stowaways found dead in container More dead illegal immigrants are found in a container, this time in Leghorn in Italy.