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Shipping News

Flag states will have to face external auditors in future
SHIPPING flag states will one day face independent auditors with the power to strip them of registration rights, according to International Commission on Shipping chairman Peter Morris.
IMF asked to audit Liberian flag registry
Lloyd's sees record business in 2002
Ships passing Suez Canal hit record

Air and Land Transport

Delta complains to EU about American-BA deal
THIRD-ranked US carrier Delta Air Lines Inc added a European Union complaint on Wednesday to a campaign against a proposed alliance of AMR Corp's American Airlines and British Airways plc.
Qantas resumes NY flights
United Technologies sees 2002 profit beating forecasts
Airbus to finance A380 with cost cuts, no layoffs
UAL unit may buy Bombardier jets
Cathay sees 2001 being worse than 1998 crisis

Features

Feeling the squeeze
POST Offices are being squeezed by a potential decline in letter mail and strong competition for parcels from the private sector.

web site

Shipping News

Flag states will have to face external auditors in future
SHIPPING flag states will one day face independent auditors with the power to strip them of registration rights, according to International Commission on Shipping chairman Peter Morris.
IMF asked to audit Liberian flag registry
Lloyd's sees record business in 2002
Ships passing Suez Canal hit record

Air and Land Transport

Delta complains to EU about American-BA deal
THIRD-ranked US carrier Delta Air Lines Inc added a European Union complaint on Wednesday to a campaign against a proposed alliance of AMR Corp's American Airlines and British Airways plc.
Qantas resumes NY flights
United Technologies sees 2002 profit beating forecasts
Airbus to finance A380 with cost cuts, no layoffs
UAL unit may buy Bombardier jets
Cathay sees 2001 being worse than 1998 crisis

Features

Feeling the squeeze
POST Offices are being squeezed by a potential decline in letter mail and strong competition for parcels from the private sector.

web site

Shipping News

Flag states will have to face external auditors in future
SHIPPING flag states will one day face independent auditors with the power to strip them of registration rights, according to International Commission on Shipping chairman Peter Morris.
IMF asked to audit Liberian flag registry
Lloyd's sees record business in 2002
Ships passing Suez Canal hit record

Air and Land Transport

Delta complains to EU about American-BA deal
THIRD-ranked US carrier Delta Air Lines Inc added a European Union complaint on Wednesday to a campaign against a proposed alliance of AMR Corp's American Airlines and British Airways plc.
Qantas resumes NY flights
United Technologies sees 2002 profit beating forecasts
Airbus to finance A380 with cost cuts, no layoffs
UAL unit may buy Bombardier jets
Cathay sees 2001 being worse than 1998 crisis

Features

Feeling the squeeze
POST Offices are being squeezed by a potential decline in letter mail and strong competition for parcels from the private sector.

	web site

Shepherds to spearhead logistics drive Visitors calm Japanese over Hong Kong shipping register Kuehne & Nagel lifts gold Haba-Sped strengthens Asia presence with Vietnam office Picture of Asia shipping in expert's hands CMA CGM makes customer service and pricing choice Vietnam Airlines orders four Boeing 777-200ERs Northwest adds new Tokyo, Pusan, Kaohsiung service

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DECEMBER 13, 2001
Good 3/4 year Hapag-Lloyd Delta urges EU to ban AMR/BA alliance Qantas returns to New York Big Customer for K&N Fine for Railtrack Otal spending in IT Norwegian LNG-contract for MOL

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Oldendorff Indotrans appoints C. V. S. Iyer as Ops Rep. in India Russia may buy Indian tobacco Tajikistan interested in stepping up trade with India India to gain as top 3 rubber producers endorse output, export cuts Cabinet Secy Prasad goes down memory lane to VPT ONGC contract workers on indefinite strike CCTL, Concor swing into action to ease congestion at Chennai VisualSoft keen to develop Gangavaram port MbPT takes bold decisions Qantas to launch low-cost carrier for S-E Asia in 2002 Emirates may land in more Indian cities Plan panel evolving new schemes for export, farm sectors Civil aviation policy draft awaits Cabinet nod ADB clears $ 411.5 m loan for India's infrastructure growth Euro notes, coins from January 1 Limit soya oil extracted from GM seeds: COOIT Exim Bank signs $ 10-m LoC pact with Honduras bank Separate cell may handle FDI from Japan Centre allows export of 7 lakh t. onions from Maharashtra Govt waives cess on rubber used for export Assocham presents wish-list on dividend tax ...moots steps to boost industrial growth Goa hires PwC to conduct pre-feasibility study on SEZ Deutsche Intl's Rs 112-cr. proposal cleared ICMF seeks excise relief

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DECEMBER 13, 2001
Rotterdam prices slightly softer midday, big drop since last week Some congested spots throughout the Mediterranean after bad weather Small changes in Singapore market this week, congestion building Japanese prices at unusually low levels Korean prices steady after week-long fall Average demand, OK avails in Hong Kong, Taiwan steady African bunker market report Rotterdam morning market report New York and Philadelphia steady to soft Avails tighten in Halifax, Montreal expecting more replenishment

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DECEMBER 13, 2001
MOL signs contract to handle LNG from SN'HVIT project in Norway's Barents Sea SPA sets aside Wando River side of Daniel Island AEP buys Enron contracts and hires international coal team Port of Portland leases land for new warehouse complex Compliance deadline looms House to mark up aviation assistance legislation The US and Canada heighten security along common border US Customs amends list for textile transshipment GPA Reports increase In rolling stock Two leading European GSA groups merge their activities

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DECEMBER 13, 2001
Alaska state ferry MATANUSKA changing schedule for Friday Matson delivering campaign to build Hawaiian economy Historic Steamer PORTLAND holding Christmas Fundraiser Washington Governor delivers plans for transportation improvements International Trade Commission releases import steel recommendations

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La flotta italiana pronta a espatriare

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Capacity cuts to last whole of next year THE world's biggest shipping lines have revealed plans to withhold containership capacity for the whole of 2002 in an effort to reverse the depressing decline in freight rates. ABP talking rubbish says owner of vessel in Humber collision THE German owner of a ship involved in a collision on the Humber estuary on Wednesday has dismissed as "rubbish" claims by Associated British Ports that the vessel's master was at fault. Business as usual claim treated with caution by nervous owners ASSOCIATED British Ports last night insisted it is "business as usual" on the Humber estuary, despite indefinite strike action by Humber Pilots, writes Brian Reyes.

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DECEMBER 13, 2001
LR is still in merger talks Bad smell to Taiwan-bound cargo 40-ship German deal queried Saudi-Syria rail link revival afoot P&O lobbies for Afghan traffic LR returns to profit Cyprus talks unity for ports 'Special company' to run Santos Hapag heads towards record year Coalition bucks PPA rate-setting Anderson bids to reassure Oz owners US West Coast ports in security purge Concor acts to clear choked Chennai PMS signs Long Beach lease HMM to sell HHI holding USCG calls meeting on security New gantries relieve Umm Qasr Lanka names new shipping minister Jessica minister in fraud probe CP Ships in refinancing move Silversea's Smith steps down

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DECEMBER 13, 2001
FedEx, UPS cut holiday peak estimates The recession has led to lower expectations for the year's busiest shipping day. GT Nexus snags Exel The multi-carrier Web portal has signed up the British-based 3PL giant. Cargo slump eases at UK airports Seven British airports posted a modest recovery from the post-Sept. 11 slowdown. WTSA sets westbound hay rates Corps ask comment on Houston project OOCL chief named to HK logistics panel Small insurance cut for Pakistan Broker sees "bearish" outlook for containerships Hanjin Logistics using InterBox Rely buys transport software firm MOL, Höegh in LNG joint venture Scania restructures Latin American operations NC ports expect tax credit extension Schenker-reorganizes Dutch unit

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Hapag-Lloyd et Grand Alliance réduisent la capacité de 15% pour l’exercice 2002 “Le groupe Grand Alliance a déjà commencé à réduire sa capacité et les mesures prises porteront sur 15% de sa capacité actuelle pour toute l’année 2002. Hapag-Lloyd sera donc concerné, tout comme ses partenaires. Mais cette réduction de la capacité est devenue inévitable. Elle est dictée par les circonstances. Les taux chutent à des niveaux beaucoup trop bas et les volumes ne progressent guère. Ils ont même tendance à diminuer dans certains trafics”, a déclaré Günther Casjens, le patron des lignes régulières de Hapag-Lloyd, au cours de la traditionnelle conférence de presse internationale de fin d’année, qui s’est tenue mercredi dernier à Londres. La “LKW-Maut” décidée en Allemagne suscite de vives critiques Le gouvernement allemand a pris la décision d’imposer à partir de 2003 une redevance kilométrique (“LKW-maut”) de 15 eurocents par kilomètre aux poids lourds de plus de 12 tonnes. L’association Transport en Logistiek Nederland a été prompte à critiquer la hauteur de la taxe, ainsi que le mode de répartition de son produit. Centrum Transport va créer un centre logistique à Overpelt Le groupe néerlandais Centrum Transport (Valkenswaard) va construire un centre logistique en Belgique. Il sera situé à Overpelt, à une dizaine de kilomètres de son siège central. La société, qui est spécialisée dans les transports de et vers l’Europe de l’Est et le Proche-Orient, va investir 5 mio. d’EUR dans cette nouvelle infrastructure. C’est ce qu’annonce la presse locale aux Pays-Bas. Toujours pas de percée dans le dossier DAT Le tribunal de commerce de Bruxelles ne s’est toujours pas prononcé sur l’affaire New DAT et le centre de services financiers SIC. Le centre de coordination de Sabena a laissé tomber hier matin son plan de relance, qui en est déjà à sa troisième version, et veut maintenant présenter un nouveau plan d’exploitation. Le tribunal dispose de 15 jours pour prendre sa décision.

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DECEMBER 13, 2001
CP Ships joins Philly bourse The stock exchange trades put and call options on CP Ships. Ermis VLCC commission claim fails Judge grapples with untruthful evidence in Ioannis Alafouzos row with consultant. Enron looking to rebound Enron chief Kenneth Lay told creditors plans of emerging from bankruptcy within a year. No increase at Japan Club Tokyo based P&I club keeps top general increase record despite tough market. OMI chiefs incur huge paper losses Weak share prices cut the chief officers' company stock portfolio values by 10-37%. Omani government eyes LNG fleet Rumours are circulating that buyers in Oman are considering ordering an LNG carrier in Japan. FGH gets filing extension The company will have up to 11 February to file a reorganisation plan to the bankruptcy court. US food shipment heading for Cuba Singapore-flagged Ikan Mazatlan will attempt what no ship has done before in the past 40 years. Lloyd's Register makes $35m profit David Moorhouse's tough medicine puts class society back on course. Cosco and CNOOC team up China's shipping and oil producing giants have teamed up to take on the world. Thoresen Thai buys its largest bulker Bangkok owner sees a niche to increase its fleet carrying capacity. Kvaerner to hang on to WarnowWerft Norwegian giant will not sell off its German shipyard operations. Uljanik ship in drugs sting Cocaine found aboard one of the Croatian shipmanager's multi-purpose ships in Liverpool. Waveney inks Aker Brattvaag PSV British shipowner returns to Norwegian yard for a second platform supply vessel. FSL appoints first foreign agents Expanding UK repair firm links up with agents covering four major European shipping countries.