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Experts see threat of oil spills over rising Asia piracy
SURGING Asian piracy and militants searching for soft targets pose an increasing threat to the world oil tanker trade, and oil spills are seen as an inevitable consequence, piracy experts warned.
IMO nears deal on phasing-out of single-hull tankers
Royal Carribean Q1 gain falls by half
Marine classification facing greater heat: ABS
BV puts forward own design for mega boxship
Frontline makes move for Mosvold

Air and Land Transport

American Airlines antitrust case dismissed
A FEDERAL judge dismissed a major antitrust case on Friday in which the Justice Department accused American Airlines of driving three competitors out of one of the country's largest airports by undercutting their fares.
Virgin Atlantic signs firm contract for six A380s
Concorde may be back in the skies this summer, says BA
BA loses Lagos-London monopoly
Japan Air System to cut 300 more jobs by 2004

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Shipping News

Experts see threat of oil spills over rising Asia piracy
SURGING Asian piracy and militants searching for soft targets pose an increasing threat to the world oil tanker trade, and oil spills are seen as an inevitable consequence, piracy experts warned.
IMO nears deal on phasing-out of single-hull tankers
Royal Carribean Q1 gain falls by half
Marine classification facing greater heat: ABS
BV puts forward own design for mega boxship
Frontline makes move for Mosvold

Air and Land Transport

American Airlines antitrust case dismissed
A FEDERAL judge dismissed a major antitrust case on Friday in which the Justice Department accused American Airlines of driving three competitors out of one of the country's largest airports by undercutting their fares.
Virgin Atlantic signs firm contract for six A380s
Concorde may be back in the skies this summer, says BA
BA loses Lagos-London monopoly
Japan Air System to cut 300 more jobs by 2004

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APRIL 27, 2001
Cho Yang retrenches in US Downsizing continues at South Korean carrier as several offices endure layoffs. IBM-led group wins ACE contract The partnership will begin to lay the groundwork immediately on the five- to seven-year program to build Customs' automated system. Marad revises cargo-preference policy The new rules list four categories under which shippers may request a waiver for the U.S.-flag provision of the law. FMC revokes licenses of 52 intermediaries NVOs and forwarders failed to meet the bonding requirements under the Ocean Shipping Reform Act. House leader calls for reauthorization of MSP Hong Kong ship lines rebut charges Stevedore Logistec Corp. climbs back into black CMA CMA profit surges Floods expected to spare New Orleans Vastera's loss narrows in quarter Lufthansa stock plunges as earnings dive Port of Calcutta hikes tariffs Cho Yang withdraws from United Alliance CLM seeks to shore up Pentagon's supply chain

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Dilapidated vessels to go BV up in 2000 Exxonmobil heads to US Gulf Normandie refloated successfully

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APRIL 27, 2001
Poor results for Lufthansa Cho Yang acknowledges alliance changes UPS with mail service Ban on blockades in The Netherlands Anger in Port of Antwerp Restructuring of Swisscargo; CEO to leave

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APRIL 27, 2001
Full Conference Program - Indian Shipping Industry MISC vessel LT Giant maiden call at JNP marks launch of IEX service-Promise fulfilled; commitment reaffirmed Nortrans awarded prestigious ISO 9002 certification Indian pipeline producers bag major overseas orders India too dumped HR steel: US Mansa President K. P. Desai elected on JNPT Board Golden Gulf Lines appoints agent in Ahmedabad CWC's CFS-Verna opening today Singapore Airlines Cargo awarded Air Operator Certificate EVA Airways inks sourcing agreement with FreeMarkets China Airlines on profit trail EasyShip v4 launched in Asia Austrian Air earnings soar BA World Cargo Signs New Freighter Deal New airport for Cape Verde Universal Air Cargo appoints COO SAirGroup gives time to French units Bangalore registers handsome 73 pc gain in software exports Panel to look into streamlining dumping probes Small textile processors given chamber-based duty option Service tax on exports will escalate transaction costs: Fieo SRTEPC chief welcomes sops for export sector India may be largest beneficiary of IFC aid this year No export obligation for producing SSI dereserved items Gujarat extends 10 pc sales tax surcharge Coir Board launches MDA scheme Tirupur exporters welcome fine-tuning of Budget CII, BconnectB launch portal for SMEs 5-day food expo in Bangalore HEPC to take part in Dubai fair from May 1 Arvind Jolly takes over as IMC President

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APRIL 27, 2001
Markets end week on a high after crude rally Crude firm on gasoline rally and OPEC reluctance to boost output Brazil bunker price update New weekly global averages Company updates in Asia US Gulf markets this week

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APRIL 27, 2001
General Dynamics announces agreement to purchase Newport News Shipbuilding WTSA member lines plan to impose surcharge on hazardous goods shipments Port of Seattle will spend $1.6 million for Sea-Tac ground transportation improvements Dept. of Commerce begins investigating Softwood Lumber dumping from Canada Royal Caribbean's luxury liner sets toll record for Panama Canal maiden transit for $202,177

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Royal Olympic hit by costly yard delays ROYAL Olympic Cruises has axed the Olympic Voyager 's first eight cruises in what is forecast to be a two-month delivery delay for its second $177m newbuilding, ... Three giant steps take Lloyd's closer towards streamlining and modernisation LLOYD'S has completed three major steps in its drive for modernisation. In a measure that will have the greatest impact, a joint venture to unify and improve the crucial back office s... Morse's code of honour helps Cho Yang Shipping BELEAGUERED Cho Yang Shipping has received an important vote of confidence from its US agent. Inchcape Shipping Services has agreed to take on more work for Cho Yang in North America despit... Cyprus wields stick over crew payment THE International Transport Workers' Federation has hailed an unprecedented move by Cyprus to punish shipping companies that fail to pay crew wages by withdrawing their safety management docu...

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APRIL 27, 2001
OneSea, PrimeSupplier to merge? Ellicott again denies corruption Ousted Cho Yang looks to Hanjin EU to study ship emissions Clearwater agrees seven-week rota Royal Vopak sells bitumen fleet Holt confident for future Navies step up piracy patrols PT Pelni to add 14 ships each year China welcomes Hutchison HPH leads Kwangyang port bid Lüken confident of Costa conversion Pelepas surprised by APL rumours Malta highlighted in inspections Germans criticise EC yard aid plan Master taken hostage in job protest TMM refinances debt Lloyd Werft pulls out of Bahamas

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APRIL 27, 2001
IMO makes tanker ban decision Older single-hull oil tankers carrying loads of more than 20,000 tonnes will be banned from 2005. Vopak set to sell bitumen fleet Bitumen shipping is no longer a part of the Dutch chemical and products tanker player's strategy. Olympic Explorer delivery delayed indefinitely The cruise operator does not want to make any presumptions of any loss of unrealised profits. Frontline-Mosvold tussle continues Frontline will seek clarification from the board of Mosvold Shipping on its takeover issues next week. Unitor rebounds from slump Unitor Ships Equipment order backlog is seen at a record high due to overwhelming demand. Cosco sets up outpost in Moscow The new office will lay a foundation for the Chinese company to develop other businesses in Russia. Lasco bidders fail to meet deadline Failure to shell out pre-auction security deposit casts doubts on Lasco's privatisation plans again. Trico Marine back in black Higher average day rates for Gulf of Mexico supply boats lift the company's revenues. Fredriksen close to confirming Uljanik tankers Norway's John Fredriksen is getting a cut-price deal in Croatia. NYK profit booms Strong trade growth leads to world's biggest shipowner raising earnings forecast by 25%. Contship joins Med Pac conference Liner operator links up with d'Amico and Zim. Sincere Navigation back in profit Taiwan bulk carrier owner sails out of the red. Hydralift expands in France Bankrupt Friede Goldman Halter sells French subsidiaries for $33.5m. Cargoship hijacking ends Indian police intervene to release vessel seized for its cargo. HMM extends North Korea cruise cuts Korean shipping company will continue with a reduced frequency on its cruise venture. MOL looks to establish green credentials Japanese shipping giant has adopted a new environmental management system. Delist date set for Daewoo Heavy Korea Stock Exchange says the company will delist in May, five months ahead of schedule.