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Shipping News

Hong Kong should cut port charges to attract more ships
HONG Kong port charges should be lowered to attract more vessels, according to a study commissioned by the Hong Kong Port and Maritime Board .
Regional maritime show expects to draw 6,000
Half of all foreign vessels fail Canadian checks
Star Cruises profit up in first half despite poor 2nd qtr
Royal Olympic cancels new ship's cruises
Swedish line sees return to profit

Air and Land Transport

Major US airlines match Northwest's fare discounts
MOST major US carriers followed Northwest Airlines Corp in reducing some leisure fares, the latest airline discounts designed to spur demand.
Concorde flight checks systems at supersonic speed
Virgin Blue in talks to sell shares to Southwest, Ryanair, EasyJet
US travel agents plan closure to protest airline fee cuts
Cathay pilots tired and worried about safety: union survey
Korean Air to launch Busan-Qingdao service

web site

Shipping News

Hong Kong should cut port charges to attract more ships
HONG Kong port charges should be lowered to attract more vessels, according to a study commissioned by the Hong Kong Port and Maritime Board .
Regional maritime show expects to draw 6,000
Half of all foreign vessels fail Canadian checks
Star Cruises profit up in first half despite poor 2nd qtr
Royal Olympic cancels new ship's cruises
Swedish line sees return to profit

Air and Land Transport

Major US airlines match Northwest's fare discounts
MOST major US carriers followed Northwest Airlines Corp in reducing some leisure fares, the latest airline discounts designed to spur demand.
Concorde flight checks systems at supersonic speed
Virgin Blue in talks to sell shares to Southwest, Ryanair, EasyJet
US travel agents plan closure to protest airline fee cuts
Cathay pilots tired and worried about safety: union survey
Korean Air to launch Busan-Qingdao service

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Strong support for Hong Kong Maritime and Logistics Week Five Year Plan to improve China's infrastructure CSXOT deploys new shore cranes for Tianjin facility Roche names Danzas logistics provider in Latin America General Electric opts for SOS Global Express Lufthansa inks deal with CSC USPS teams up with LanChile

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AUGUST 28, 2001
Half year result Maersk up 46 per cent SAS exile welcome in Vienna Court orders Cho Yang to liquidate Profit Schiphol group up Roche outsourcing to Danzas in Latin America Air New Zealand on shopping tour

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MISC, OOCL announce new co-ordinated service between European ports OOIL's first half profit doubles P&O Nedlloyd's results improve in second quarter Concordia's first half profit surges Lykes Lines completes upgradation of N. America-Africa service OOCL, Freightliner sign train contract MISC net profit up by 9.25 pc in Q1 MOL Solution begins maiden voyage to Europe OTAL appoints new agent in Scandinavia MSC launches new Europe-Caribbean-Central America services P&O Ports not pulling out of Colombo Malaysian port Kuantan adds box capacity INTTRA takes on 3 more major players Quality recognition for Thomas Miller Taiwan expands China shipping links Sri Lanka to hold shipping conference Excellence awards given to Port Klang TOC Americas 2001 to be held in Oct. at Miami APL Cairo christened at Aker shipyard in Germany Hapag-Lloyd awarded for environmentally-friendly policy Indo-US JV to set up cyber technology parks Fresh overseas inquiries spark optimism over wheat exports Pakistan to allow import of textile machinery US restores duty-free import benefits to 42 Indian tariff lines Acrylic yarn sector seeks curbs on Nepalese imports Union Cabinet clears the decks for corporatisation of Major Ports Insurance underwriters slash Colombo war risk premium - Situation gradually returning to normal R. Jayachandran joins KPT as FA & CAO More Gulf airlines homing in on Kerala Gurgaon-ICD collects Rs 208 cr. customs revenue in 5 months AI to fly non-stop to Singapore Limited-period penalty waiver allowed in transfer pricing rules TUFS programme being given better shape Customs, Excise Commissioners assure industry a better deal Cabinet clears Convergence Bill Auto industry revs up again CII projects 10 per cent growth IARI develops promising new hybrid basmati variety - RH 10 Govt may soon clamp curbs on export of semi-finished leather goods Foreign Trade Analysis: Current Policy & Procedures WTC-IIFT seminar on 'WTO Ministerial Round' on Fri.

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AUGUST 28, 2001
New bunker company active in Turkey Telemarine launches version 7 of Bunkerworld.com Company updates on Bunkerworld.com Rotterdam remains steady throughout the day Singapore/Fujairah steady after Monday's surge Price indications from Russian markets IBIA strengthens management team

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«Caspian question»: Turkey weighs in TAP Air Portugal reports a loss Naer signs contracts Setubal and TVT

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AUGUST 28, 2001
New Sabine Pass shipyard Sabine Offshore Service, Inc. in Sabine Pass, Texas has been acquired by a 50/50 consortium of PPL Shipyard, Pte. Ltd. of Singapore and the P&A Group of Houston.

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Stalemate over Afghan refugee ship Tampa THE Norwegian ship carrying 438 mainly Afghan refugees remained anchored off Christmas Island yesterday, as Australia, Indonesia and Norway continued to reject them and international aid organisati... Brussels gets dragged into Cammell Laird 'disgrace' A UK member of the European Parliament has asked the European Commission to investigate the sale of Cammell Laird. In a letter addressed to commissioner Mario Monti, director of competition... Second Enterprises boxship arrested BONDHOLDERS of Victor Restis-backed Enterprises Shipholding have piled on the pressure to secure almost $185m due to them by arresting a second containership in France, writes Rajesh Joshi. ...

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AUGUST 28, 2001
Second Restis ship arrested China charts scrapping programme Virgo freed after owner posts bond War risk surcharges slashed FEFC calls cutback meeting Defence fillip for Indian yards Online bid to end certificate fraud Chinese yard causes rift in Japan NZ rejects UK lamb export curb plea Taiwanese back China trade boost AusSAR runs into flak Singapore to check Filipino docs Strike hits navaid maintenance New Santos proposal sparks anger Oil reserves U-turn by Colombia HMM makes foray into Internet Cruise ship strikes Mykonos pier Plea for greater Panama security STX preferred bidder for Daedong Hansung to operate ChoYang routes Tampa stalemate continues

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AUGUST 28, 2001
A.P. Moller sees weak second-half The parent of Maersk Sealand said container services results for the first half of the year were flat with the prior year. CMA CGM exec to lead Howland Hook James J. Devine will head the New York terminal, which is owned by Orient Overseas International Ltd. Koch slams maritime trust proposal The president of the World Shipping Council also called on the U.S. to ratify an international agreement on vessel emissions. Droughts hits Canada wheat exports Still no port for 438 refugees on Wallenius Wilhelmsen ship Macau airport seeks logistics role

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DFDS Tor Line voit baisser ses volumes sur plusieurs routes Le trafic de DFDS Tor Line a régressé sur quatre de ses sept services “Bridges” au premier semestre. Le recul a été le plus prononcé sur le service EuroBridge entre Gand et Göteborg, où les volumes ont baissé de 14% et les tarifs se sont trouvés sous pression. C’est ce qui ressort des chiffres du groupe DFDS. Tant au niveau du groupe que pour la filiale active dans le transport de marchandises, les responsables tablent sur un bénéfice en 2001. Le gouvernement recherche un meilleur équilibre entre l’environnement et le transport Les ministres du Transport et de l’Environnement des quinze Etats-membres européens se pencheront de manière informelle sur un transport durable via une politique intégrée à la mi-septembre. L’initiative émane d’Isabelle Durant et Magda Aelvoet, les deux ministres écologistes du gouvernement belge, et vise une meilleure harmonisation de la politique de transport et environnementale. Durant et Aelvoet visitent le Main Hub anversois de la SNCB aujourd’hui en vue de préparer cette rencontre européenne. Fluvial: le “Plan Rhône” va être réactualisé En 1996, Voies navigables de France (VNF) approuvait le “Plan Rhône”. Cinq ans plus tard, les résultats sont plus que probants: le trafic fluvial de marchandises s’est élevé l’an dernier à 910 millions de tonnes-kilomètres (t.km), ce qui représente une progression de 78% par rapport au niveau enregistré en 1995. Face à cette progression spectaculaire, le “Plan Rhône” va être réactualisé avec comme objectif de doubler le trafic d’ici à l’horizon 2010. L’ITF part en guerre contre les propositions de directive sur les services portuaires L’ITF (International Transport Workers’ Federation) n’apprécie pas du tout les propositions de directives de la CE relatives aux services portuaires et elle le fait savoir dans une lettre transmise aux parlementaires européens dans laquelle elle souligne que la commissaire Loyola de Palacio et ses adjoints font preuve d’un manque de connaissance tant en matière spécialisée qu’en ce qui concerne la perspective historique de l’industrie maritime, pour pouvoir apprécier l’impact total que ces propositions pourraient avoir. C’est donc une condamnation en règle accompagnée d’un avertissement: si les mesures sont effectivement adoptées il y aura des ports sous-standard et de sérieux conflits portuaires.

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AUGUST 28, 2001
Argentina expects the worst The country's container import volume is expected to drop as the local economy turns from bad to worse. Canadian strike causes minor ship delays Coast Guards and ship crew are to go on strike for three Wednesdays in succession. Lives at risk on Wilhelmsen ship Master threatens to take ship into port as sick refugees fall unconscious. Grimaldi ACL bid stalls Few shareholders accept "seriously undervalued" bid for transatlantic ro-ro line. Ex-Cammell Lairds join North Western The new Merseyside shipyard has secured its first ship repair contract with Seatruck Ferries. Korea to step up maritime safety The country hopes to avoid a similar downgrading of its air safety standard. Moller warns outlook negative Danish shipping giant cautions containers and VLCCs face tougher second half. Tolanis to strengthen grip on listed bulk company The Mumbai shipowning family will offer to buy a chunk of Tolani Bulk Carriers from shareholders. Shipbroker to fix websites Nomikos finds there is more to JE Hyde than fixing its bulk carriers. Sincere pushes ahead The Taiwanese bulk player is continuing to rack up the profits. Namsos remains at a loss Narrow second quarter profit fails to lift Norwegian passengership owner out of the red. Wilhelmsen refugee crisis eases Indonesia may take ro-ro refugees with Australia footing the bill. Orion in the red The Danish owner made a loss in the first six months, despite new time charters for ro-ros.