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S'pore, M'sia making great efforts to combat piracy: IMO
[SINGAPORE] Sea piracy and armed robbery in the Malacca Straits is on the rise despite what a top International Maritime Organisation (IMO) official says has been "effective, great efforts" by Singapore and Malaysia in combating the problem.
IACS to help in tanker sinking probe
Royal Olympic Cruise back in the black
Rina, Fincantieri back new cruise designs
Port shots

Air and Land Transport

US Air Force to help Boeing sell transport jet
[NEW YORK] The United States Air Force has devised an ambitious plan to help Boeing Co, the world's biggest commercial jet producer, sell a version of its jumbo military transport plane to private cargo companies, the New York Times reported in its online edition yesterday.
Qantas-led group starts talks on Aussie govt contract
UK set to award air traffic control stake to Airline Group
Germany urges MAS not to cut cargo flights to Hahn
Shares of 2 major China airlines climb sharply on restructure talk

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Shipping News

S'pore, M'sia making great efforts to combat piracy: IMO
[SINGAPORE] Sea piracy and armed robbery in the Malacca Straits is on the rise despite what a top International Maritime Organisation (IMO) official says has been "effective, great efforts" by Singapore and Malaysia in combating the problem.
IACS to help in tanker sinking probe
Royal Olympic Cruise back in the black
Rina, Fincantieri back new cruise designs
Port shots

Air and Land Transport

US Air Force to help Boeing sell transport jet
[NEW YORK] The United States Air Force has devised an ambitious plan to help Boeing Co, the world's biggest commercial jet producer, sell a version of its jumbo military transport plane to private cargo companies, the New York Times reported in its online edition yesterday.
Qantas-led group starts talks on Aussie govt contract
UK set to award air traffic control stake to Airline Group
Germany urges MAS not to cut cargo flights to Hahn
Shares of 2 major China airlines climb sharply on restructure talk

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Canada mulls transport policy Canadian Transport Minister David Collenette said he plans to draft a national transportation policy that will encompass all transportation modes. Strong dollar hits Airbus parent profits Jet sales took off in 2000, but profits were weakened by hedging losses. Labor stalls Indian port sell-off Union leaders continue to block the privatization of the Port of Chennai container terminal. IMO pressed on Asia piracy The International Maritime Organization will seek government aid to stem piracy in Asian waters. Delta awards U.K. cargo contracts East Mediterranean agreement set BAX Global names Evans VP of global sales Ecu-line, NACA in trans-Atlantic agreement G-Log, Digital Freight in online bid venture Spain plans Iberia Air IPO U.S. firm inks China Web logistics deal

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New team for Contship Asia CSX chairman receives Marco Polo award Singapore voted Asia's best seaport for thirteenth time European air cargo volume set to grow 22 per cent Private airlines overtake state-run carrier in India Operative result up 44 per cent for Lufthansa

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MARCH 19, 2001
Frans Maas to end Volkswagen logistics Lufthansa sets round-the-world cargo service China Shipping with US-Med service Swissair wants rid of Sabena KLM wants to repurchase Martinair TPG sale yields 900 million Euro 67 per cent profit increase OOCL Hapag-Lloyd Container Line joins Inttra

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Shipping societies prescribe steps to further improve safety APL Logistics brand name launched - 'Committed to Total Supply Chain Management' SCI-Mitsui OSK consortium bags $ 400-m Petronet LNG contract Fieo focusing on W. Asian markets Capexcil launches LAC-Focus programme Pinto rules out hasty decision on Vallarpadam project Gujarat Pipavav Port Ltd gets new President Rlys offers CWC 150 sites for steel yards CII launches partnership initiative with SAIFZ; arranges meet in city Concessional excise duty applicable to steel melting scrap users Cotton output likely to rise by 14 per cent Forex reserves swell further Finance Minister relents on garments duty Inflation rate moves down Assam offers potential to handloom exports Strident rise in soyabean output projected Reforms must go forward, says CII chief Exporters look forward to friendlier Exim Policy South Gujarat texturising units preferring Daman Edible oil imports exceed needs: Minister Forex reserves: Uptrend continued Int'l soya meet on in Indore

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MARCH 19, 2001
Montevideo - Alpha Zone price update ARA market falls rapidly after steady start South European markets mostly steady or soft Fujairah seen steady short term Firm start to the week in Asian markets, softer trend ahead? Brazil bunker prices steady Oil seen trading sideways then down after 1 million barrel OPEC cut

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MARCH 19, 2001
Panama Canal traffic and revenues up in first quarter of Fiscal Year 2001 Study shows diesel powers American economy including nearly all the commercial maritime fleet Boeing engineers near completion of comfortable longer-range flight with LR 747-400 airliner IICL president names winners of 2001 Container Inspectors Awards Mitsui O.S.K. conducts company inspection to ensure safe vessel operation for seventh year

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BHP-Billiton sell $28bn link A PLANNED merger between BHP and Billiton creating a giant group capitalised at $28bn is set to have a key impact on the world's energy map. It could mean the breakthrough for key dec... PSA in marine services swoop PSA Marine has snapped up the marine arm of SembCorp Logistics for S$207.5m (US$118.5m) taking it into both regional markets and the salvage industry. Under the sale and purchase agreement,... Baltic warns on data abuse PETER Kerr-Dineen, chairman of the Baltic Exchange's Freight Indices and Futures Committee, has issued a warning to shipowners and charterers who are using the Baltic International Tanker Rou... Carnival raps GE and Chantiers GE Marine and shipbuilder Chantiers de l'Atlantique have been rapped across the knuckles by Carnival Corp for presumption in publicising the award of the Queen Mary 2 gas turbine e...

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MARCH 19, 2001
People-smugglers get four years BV acquires French IT specialist EU denies Israel sanctions bid Newhaven deal 'clinched' MAN to be restructured Baltic warns on information abuse Bangladesh port strikes on and off PSA buys SembLog marine business Appeal court backs Copamar IACS dismisses top trio's move ITF challenges EC over crew pay Mining giants to merge CyberShipping chiefs quit

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Le marché du transport routier se déteriore rapidement aux Etats-Unis Plusieurs grandes entreprises de transport routier US ont annoncé que leurs résultats pour le premier trimestre seront moins bons que les prévisions des analystes. Alors que jusqu’ici, c’étaient surtout les transporteurs TL (de charges complètes) qui avaient été touchés par le ralentissement de l’économie américaine, les transporteurs LTL (groupage/messagerie) sont désormais eux aussi frappés. Ceci pourrait confirmer que la baisse de l’économie américaine s’accélère. On peut dès lors craindre que les entreprises devront postposer des investissements et vendre leurs poids lourds excédentaires. La chute du marché du camion, déjà en retrait de 40% environ par rapport à il y a un an, risque donc de s’aggraver. Le plan stratégique Louvain-Dyle intègre économie et écologie Le trafic fluvial a à nouveau le vent en poupe en Flandre. Après une progression de 7,4% des prestations de transport en 1999, le trafic fluvial exprimé en tonne/kilomètre a augmenté de 16% l’an dernier. Le ministre flamand de la Mobilité Steve Stevaert a pu annoncer ce développement favorable lors de la présentation du Plan Stratégique pour le canal Louvain-Dyle à Louvain. Frans Maas se retire partiellement de la logistique pour VW au Portugal Le groupe néerlandais a décidé de se retirer des activités d’entreposage et de livraison aux chaînes d’assemblage qui en découlent pour le compte de Volkswagen dans l’usine de Palmela au Portugal, où est produite la Sharan. Les autres activités pour ce constructeur, néanmoins, seront poursuivies et développées. C’est ce qu’annonce le transporteur et logisticien néerlandais dans un communiqué qui intervient trois jours seulement après la conférence de presse sur les résultats annuels de Frans Maas. L’approfondissement de l’Escaut est dans la droite ligne des traités Les traités bilatéraux et internationaux régissant depuis 1830 les relations entre les Pays-Bas et la Belgique et plus particulièrement les modalités relatives à la navigation sur l’Escaut et le désenclavement du port d’Anvers du côté terrestre obligent d’adapter l’accessibilité maritime d’Anvers (et Gand) à l’évolution dans le secteur maritime. L’obligation d’entretien stipulée dans ces traités ne se limite aucunement au maintien de la situation actuelle, mais doit être lue comme une exigence de garder un équilibre entre l’agrandissement d’échelle dans le transport maritime et l’approfondissement de l’Escaut. Ce point a été un des leitmotive lors de la seconde édition de la Journée du droit maritime anversoise organisée par l’Institut européen du droit maritime et des transports et consacrée à la problématique des liaisons de transport belgo-néerlandaises.

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MARCH 19, 2001
Oil Tanker Stranded Off Bermuda Search Continues For Survivors Of Double Caribbean Tragedy After Four-Day Closure, Russian Port Re-Opens SembCorp To Sell Marine Segment Cruise Powerhouse Carnival Corp. Commences Intermediate Ratings Despite Salvage Efforts, Offshore Rig Continues To Plummet

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MARCH 19, 2001
BP VLCC loses power off Bermuda A fully-laden VLCC is drifting at sea after an engine-room explosion. Elka in Split spending spree Greek owner orders up to four large product tankers from Croatia. Gard hunts for new chief Shipowner directors start search as John Bernander reveals he is taking a pay cut. Sterling to hand over helm P&O starts search for new chairman and chief executive. Victims plan N17 pressure group Shipowning Peraticos family and other victims of November 17 call for action against Greek terrorist group. USCG pulls in 12 Several vessels detained by US Coast Guard showed up with hull and structural cracking. Maersk Broker heads for Greece Greek community in line for extra attention as another broking shop heads its way. Actinor disposals continue The Norwegian owner is selling two car carriers as it trims its fleet. PSA Marine buys SembLog's shipping interests The Singapore company is getting into salvage and emergency response. HKF edges up earnings Hong Kong Ferry (Holdings) Co boosted profits in 2000, even though revenue fell. Charman out of ACE Top Lloyd's underwriter John Charman becomes a casualty of differences with boss. ITF highlights plight of aid-cargo crew A European Commission-chartered vessel delivering aid was employing an underpaid crew. Bernander quits Gard High profile insurance chief John Bernander is to run Norway's state television company. Japanese tipped to swipe Petronet tender The Petronet spotlight has swung round to a final bidder, but competitors are crying foul. Korea Line stumbles The Korean bulker owner posted a loss in 2000. Moller signs with Dalian for tankers Danish owner A P Moller is switching Chinese yards for its latest product tanker order. Hanjin Shipping plunges into loss The Korean owner was in the red in 2000, despite a revenue increase. Profits slump at Hyundai Mipo Korean yard Hyundai Mipo saw it profits slashed last year.