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Shipping News

Seafarers play key role in new global economy
IN his annual World Maritime Day message, the head of the International Maritime Organisation said seafarers are a vital component of globalisation, something which must be made a positive force for all the world's people.
Star Cruises sets sail for China market under new brand name
Hyundai opens more offices in China

Air and Land Transport

Philippine carriers seek fare rise to cover insurance
PHILIPPINE air carriers have asked the government for permission to charge passengers US$6 more on each leg of international flights to make up for higher insurance premiums, regulators said.
Cathay may be forced to slash staff, salaries: CEO
Boeing considers installing surveillance system on aircraft
Boeing looking for growth in new areas
Amtrak steps up security, needs photo ID for ticket purchases

web site

Shipping News

Seafarers play key role in new global economy
IN his annual World Maritime Day message, the head of the International Maritime Organisation said seafarers are a vital component of globalisation, something which must be made a positive force for all the world's people.
Star Cruises sets sail for China market under new brand name
Hyundai opens more offices in China

Air and Land Transport

Philippine carriers seek fare rise to cover insurance
PHILIPPINE air carriers have asked the government for permission to charge passengers US$6 more on each leg of international flights to make up for higher insurance premiums, regulators said.
Cathay may be forced to slash staff, salaries: CEO
Boeing considers installing surveillance system on aircraft
Boeing looking for growth in new areas
Amtrak steps up security, needs photo ID for ticket purchases

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More war risk surcharges Graduate institute in honour of Neil Levin Call for a restructuring of China's shipping industry Two in bid for Montevideo dredging project Dubai plans port expansion Columbus Far East-Americas service grows slowly but surely Lufthansa, SAS and SIA form cargo alliance Aircraft grounded as Air Canada cuts jobs, schedules Cathay Pacific shuts down Karachi service

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SEPTEMBER 27, 2001
Lufthansa-SAS-SIA alliance alive FBI checking truckers SAS cuts capacity by 12 percent, about 1,000 people out. 13.000 out at Delta Airports also need subsidies 9,000 out at Air Canada PSA steps up technology presence in China Nissan taps FedEx

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Dumping duty imposed on Chinese shoes Canadian firm picks up 70 pc stake in Design Expo IOPEA to focus on solving problems on quality to stimulate exports US slaps stiff dumping duties on Indian steel items R. T. Revenkar takes over as KPT Traffic Manager 2 cargo handling records established - at Porbandar port on Sept. 4 & 16 Proud moments for GMB CSL chalks out major plans to expand, diversify Jet Airways reduces some fares Port from Oct. 1 XPS Cargo launches global freight forwarding unit Despite QRs dismantling, 'sensitive' items imports fall Genetically-modified farm imports to be regulated Minister indicates govt plan to subsidise sugar exports Govt forms panel to hasten investment approvals IMF lowers growth projections Better deal for exporters on cards: Sengupta GSPL, GEC in gas transport arrangement

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SEPTEMBER 27, 2001
Houston market confused on increased resupply costs, oil spill cleanup Rotterdam seen steady, then down in late trade Gibraltar market keeps dropping Busy Great Belt seen stabilising after recent drops Piraeus avails OK, price gap widens in Istanbul Busy market in many Baltic ports this week Buyers stay away as Fujairah cargo prices rise again Slightly firmer trend in Italy this afternoon Singapore fuel and gas oil stocks up this week Singapore rebounds, buyers wait Japan prices holding firm despite global trend Korean bunker market steadies ahead of holiday Mixed pre-holiday demand in Hong Kong Petroleum consumption down in South Korea No change in OPEC production

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Dart Line United Arab Agencies France MOL publishes second environmental report Sloman Neptun: first half «on target» Terror attacks: effects on international shipping trade Scandinavian Airlines System SAS Airport Council International ACI Austrian Airlines Orion Marine Corp. Georgia Ports Authority

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SEPTEMBER 27, 2001
LNG Matthew banned from Boston The Coast Guard Captain of the Port for Boston has denied entry to a Liquefied Natural Gas (LNG) tanker HK shipowners want monopoly probe of underwriters The Hong Kong Ship Owners Association (HKSOA) has suggested underwriters be investigated by monopoly (antitrust) authorities for unilaterally setting a deadline to cancel war-risk insurance New appointment at Davie Davie Industries Inc., Levis, Quebec, has appointed Jack Berglund as VP of marketing and sales.

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SEPTEMBER 27, 2001
Port of Seattle wants public to know which items won't fly through security BNSF welcomes CSX Intermodal as Mexi-Modal service partner Port of Everett slough project wins AAPA environmental improvement award Delta Air Lines plans cutbacks in staff and service levels Port of Port Angeles placing surplus items up for bids

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NCC Planners to Learn 'Info-Systems' in Dar Landlords in Uganda May Lower Rents to Escape URA Tax Bracket We're Still Reviewing Mombasa Tariffs - KPA Middle East Ship Insurance Likely to Shoot Up

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Contship, tenaglia sull'Europa In vista lo sbarco al porto di Ravenna dopo l'acquisizione del terminal Darsena Toscana di Livorno Renaissance cruises sull'orlo del crack

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CP Ships float plan is on track CP SHIPS should have its own stock market listing by next week after parent company Canadian Pacific received strong backing from shareholders to break up the conglomerate. The plan to spli... Bin Laden group shipping interests probed A CONCERTED worldwide effort was underway yesterday to track down merchant shipping controlled by Osama bin Laden's Islamic terrorist network. The al Qaeda group is thought to control... Alstom shares plunge over Renaissance link SHARES of French conglomerate Alstom plummeted by more than 27% on the Paris stock exchange yesterday after the group admitted that it was involved in the bankruptcy of Renaissance Cruises. ...

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SEPTEMBER 27, 2001
China oil reserve 'now a priority' Clarksons signs up with LevelSeas Double Dutch yard take-over agreed Dutch box boat refloated Argentine merger "unfeasible" War risk applied but rates on hold CP split endorsed Deputy premier to head MDD team PTP, Noell sign crane deal Korea, Malaysia unite on piracy Security alerts hits Dutch canal Harris to head James Fisher US imposes steel anti-dumping duties Oz productivity rises MOL reveals on-line plan for tramps Auckland hit by strike FMC acclaims OSRA success Renaissance debts exceed $100M

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SEPTEMBER 27, 2001
Shippers, carriers reach cargo-liability deal The NIT League and World Shipping Council said they will support their position on key reform elements with the Comit' Maritime International, which is drafting a new cargo-liability regime, and with the U.N. Commission on International Trade Law, which will begin negotiating a new convention next year. Europe-Asia lines to cut capacity The 15-member Far Eastern Freight Conference said it is planning a temporary "vessel scheduling and cooperation program" that will reduce capacity by about 10% to 11% this fall and winter. Bush announces air security measures While the announcement did not address cargo, specific issues related to freight may be announced after two task forces appointed by Transportation Secretary Norman Mineta submit their recommendations. The task forces, focusing on airport and aircraft security, are due to report by Monday. CP Ships to open British subsidiary The new company, which will consist of ANZDL, Canmar, Cast and Contship, aims to take advantage of Britain's Tonnage Tax Reduction program. GF-X schedules upgrade of air-cargo booking system Santos gets OK to boost port fees Container Corp. of India plans New Delhi-Haldia rail service NTE membership tops 1,500 TranSystems to develop master plan for Texas port TPG enters auto venture in China BA slashes flights; Swissair stock dives Great Lakes water levels sink Hyundai Merchant Marine expands in China Emery signs new agreement with FAA Cooper Industries awards airfreight pact to Emery "K" Line parent opens logistics subsidiary in Japan Group president departs Descartes Mercury Air Group agrees to $71.5 million in financing FMC releases OSRA report

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DHL ouvre un nouveau centre de distribution à Anvers Le transporteur express DHL a procédé hier à l’ouverture officielle de son nouveau centre de distribution à Anvers, en la présence de la bourgmestre Leona Detiège. Ce GDC (Ground Distribution Center) est le second dans la région, avec celui d’Aartselaar. La principale raison de l’ouverture d’une deuxième base au nord d’Anvers réside dans la problématique de plus en plus préoccupante des files en région anversoise, qui ne cesse de rendre plus difficile la vie du transporteur express alors que sa clientèle dans le centre-ville et la zone portuaire est en pleine croissance. Pierre De Bock: “Wim Bosman Belgique sera à nouveau bénéficaire en 2002 Wim Bosman Belgique coopère depuis le début de ce mois, avec l’entreprise autrichienne Gebr. Weiss. pour les transports de groupage de et vers la Suisse. “Cette entreprise a une excellente réputation en matière de qualité et régularité des transports et cette coopération cadre dès lors parfaitement dans notre nouvelle politique”, déclare Wouter Breukeleirs, le directeur commercial de Wim Bosman Belgique. Après une très mauvaise année 2000 , l’implantation belge du groupe néerlandais Bosman a subi au début de cette année une restructuration profonde. “La taille de l’entreprise a été réduite de près de 25% et nous nous concentrons sur un plus petit nombre de territoires-clés./ Cela a porté ses fruits: cette année, la division belge enregistrera encore des chiffres rouges, mais même avec le ralentissement de l’économie, nous prévoyons de réaliser un bénéfice appréciable en 2002”, a ajouté le directeur général de Wim Bosman Belgium Pierre De Bock. Les attentats terroristes résonnent dans le secteur des croisières “Thank you for contacting Renaissance Cruises. As of today (26 september) Renaissance Cruises has ceased all cruise operations. Passengers currently onboard our vessels are being disembarked and travel arrangements are being made to get them safely home”. Canadian Pacific: feu vert à l’éclatement... Par 98% des voix sur un total de 206.432 votants, les actionnaires (détenteurs d’actions ordinaires et préférentielles) du groupe Canadian Pacific réunis à Calgary ont donné le feu vert à l’opération qui doit mener à l’éclatement du groupe en cinq entités indépendantes, dont l’armement CP Ships. Une majorité des détenteurs d’actions préférentielles ont voté en faveur de la transaction et accepté l’offre de CP de reprendre ces actions à 26 dollars pièce. Cet accord doit encore obtenir l’aval du tribunal d’Alberta. S’il est accepté, le plan de scission entrera en application dès le 1er octobre prochain.

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SEPTEMBER 27, 2001
Renaissance may set sail again The financially troubled company is in negotiations with its lenders over a restructuring plan. Tampa cost may reach $1m Wilhelmsen to claim refugee crisis cost from Gard instead of suing Australia. Bermuda Container Line posts higher earnings Earnings were boosted by a higher cargo volume and lower expenses. OPEC decision crucial to tanker owners OPEC is not expected to adjust its output, but has postponed announcing its decision. Renaissance R7 under arrest at Dover Cruise ship arrested at UK port for outstanding debt to shipping agency. USCG Boston not banning all LNG vessels Every ship entering Boston harbour will be looked at on case-by-case basis. Alstom shares fall after Renaissance collapse The French shipbuilder still has "interests" in vessels it built for failed US cruise line. Search called off for missing Stena Line passenger A man is believed to have died after jumping from a Stena Line ferry in the Irish Sea. ITF urges owners to shun Liberian flag The registry is refuting all allegations made in a new report. Great Eastern ups cost-cutting target The Indian owner reduced costs by nearly $3m last year, but plans to beat the figure this time round. Rokke speaks out on Kvaerner Norwegian tycoon Kjell Inge Rokke warns Kvaerner could still collapse, as he counts losses from his investment. Bin Laden link to S&P deal Hamburg company on US terror list involved in move to purchase ship. Drive to honour Hyundai founder Shipbuilding legend Chung Ju-yung has joined 23 other famous Koreans. Aurora master says keep on cruising Master of P&O Cruises' flagship urges passengers not to be put off cruising and rejects fears of terror hijacks. Collision causes spill A tanker and a cargoship have collided off the Russian coastline spilling oil. Royal Caribbean plans job cuts World No.2 plans redundancies as the impact of the terrorist attacks continues to send shock waves through the industry. Hijackers spotted on cruises before attack Suspects in the terrorist atrocities in the US may have gone on gambling cruises a week earlier. CP shareholders approve breakup Investors in the Canadian conglomerate have given the thumbs up to the planned five company spin-off program.