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Samsung-built vessel christened at Tg Pagar
THE tenth of 19 newbuilds ordered from South Korea's Samsung shipyard by a single Hamburg container shipowning company was christened at Singapore's Tanjong Pagar Terminal yesterday.
Taiwan shipmaker to make last-ditch revamp
PSA to tap container network to expand logistics

Air and Land Transport

Alitalia Cargo enters SkyTeam network
ALITALIA Cargo, the freight unit of Italy's national carrier, said it has joined SkyTeam Cargo while settling into its alliance with Air France SA and Delta Air Lines Inc.
Auckland Airport sees more growth
Thaksin mediates end to Thai Airways dispute
Tata lowering valuation of Air India, says report
EU set to probe UK govt loans to Rolls-Royce
Qantas' new budget airline to fly next year
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Shipping News

Samsung-built vessel christened at Tg Pagar
THE tenth of 19 newbuilds ordered from South Korea's Samsung shipyard by a single Hamburg container shipowning company was christened at Singapore's Tanjong Pagar Terminal yesterday.
Taiwan shipmaker to make last-ditch revamp
PSA to tap container network to expand logistics

Air and Land Transport

Alitalia Cargo enters SkyTeam network
ALITALIA Cargo, the freight unit of Italy's national carrier, said it has joined SkyTeam Cargo while settling into its alliance with Air France SA and Delta Air Lines Inc.
Auckland Airport sees more growth
Thaksin mediates end to Thai Airways dispute
Tata lowering valuation of Air India, says report
EU set to probe UK govt loans to Rolls-Royce
Qantas' new budget airline to fly next year
Log Book

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Han Sung interested in Cho Yang services IPBCC lowers war surcharge Economic slowdown no obstacle to Panalpina profits Asiana contests lost profits from Korean FAA downgrade Boullioun, SALE in Sabena deal Austrian catches SAS fall guy

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AUGUST 30, 2001
Taiwan's China Airlines stake in China Cargo Swissair negative about cargo Swissair sold Swissport and The Nuance Group Panalpina earnings rise Vastera logistics for Lucent Technologies KLM stops talking with UTC

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IWAI Bill tabled in Rajya Sabha ANSA remains MANSA - Change in name Acrylic fibre imports under DGAD scrutiny Vietnam buys 15,000 t Indian wheat Wheat exporters seek early policy announcement Crude palmolein tariff value fixed at $ 357 a tonne WTO's DSB forms panel to study Byrd Amendment NMP getting set to handle more cargo traffic Modernisation of NM Port under study Kakinada port geared to handle crude transhipment CWC's CFS-Verna proves to be a boon for trade - With aim of providing single window system Rly Minister hints at freight rate rationalisation in Feb. 2002 PM convenes meetings to thrash out economic revival steps IOC seeks govt's permission to export petro-goods CSB confident of self-sufficiency in silk by the end of 10th Plan Glimmer of industrial recovery as credit offtake rises ICAC forms global cotton consortium to enhance demand, retail sales

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AUGUST 30, 2001
New York and Philadelphia markets steady to firm US Gulf prices continue up on stronger demand, resupply cost Montreal stable, Halifax fuel oil remains tight North European markets this week ARA markets steady to firm, product outlook OK Gas oil gains in Italy and Malta OceanConnect, boosted by alliances, achieves million-ton milestone Singapore bunkers largely steady despite recent cargo gains IFO380 still tight in firm Piraeus Firmer market in Gibraltar IFO380 avails remain tight in Hong Kong Steady fuel oil in Japan, MDO firmer Korean market steady but seen rising

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AUGUST 30, 2001
Farinato: from Srl to SpA Autamarocchi at Genoa Distripark TransFargo AB Assiterminal is set up Assologistica: facing new challenges Lykes Lines and TMM Lines to San Juan P&O Ports to manage Chennai Container Terminal FastShip: yes or no? «MOL Solution» Flender Werft launches «Superfast XI»

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AUGUST 30, 2001
Ssangyong tipped to acquire Daedong Though some reports have indicated Daewoo as the likely purchaser of Korea's bankrupt Daedong Shipbuilding Co, engine builder STX, formerly known as Ssangyong Heavy Industries may well be the eventual buyer. Dutch company orders giant floating crane Bonn & Mees Drijvende Bokken of Rotterdam recently started the newbuilding of a massive floating crane.The "sheerlegs"-type crane, with a maximum lifting capacity of over 1,400 tons in the main frame and 600 tons in the fly-jib, will be named "Matador 3". BC Government launches fast ferry probe "It's essential we learn from this fiasco to ensure nothing like it ever happens again," British Columbia's Minister of Transportation, Judith Reid said in announcing the launch of a government inquiry into both the province's ill-fated fast ferry project. Online bunkering site passes million ton mark OceanConnect.com, the online marine fuels marketplace says it has reached the million-ton milestone for bunkers.

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Bufera sul porto di Cagliari Si profila anche la revoca della concessione per il nuovo scalo industriale costato 800 miliardi

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Bid to end Tampa impasse DIPLOMATIC horse-trading and posturing were afoot in equal measure yesterday to defuse the Tampa crisis as the ship remained marooned off Christmas Island with at least 438 refugees on board, write... Fight over Barwil name set for court showdown BARWIL Agencies of Oslo says it is taking legal action against a company in Pakistan that is operating under exactly the same name and, it claims, is cashing in on the agency network's reputa... Swan Reefer surgery proves tonic for profits Major financial surgery at Swan Reefer has paid off with substantial profit progress in the second quarter and first half, writes Tony Gray. Swan's second quarter net profit increased... Enron vows to stay with Baltic despite online row US ENERGY giant Enron has denied rumours that it is preparing to leave the Baltic Exchange over allegations that its EnronOnline freight trading system is cutting brokers out of their commissions....

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AUGUST 30, 2001
ICS deems Tampa unseaworthy Andrew Weir takes over St Helena Seven injured in MDD flash fire Felixstowe wields the axe Gdansk workers vote for strike EU puts Aker MTW on short time EAGA to resume co-operation South African ports hit by strike PTP to install VTS Tampa 'could signal tidal wave' Sydney wharfies seal deal China cool on Taiwan moves Daewoo upbeat on prospects Tampa deadlock unresolved Korea holds firm on subsidies row Pakistan liberalises tanker trade ITF makes triple intervention Tampa 'precedent' condemned Klyne wins UK ETV contract Sri Lankan surcharges attacked Bulker crewman busted for coke

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AUGUST 30, 2001
Maersk Ports poised for rapid growth The A.P. Moller subsidiary is on its way to becoming the world's second-largest container terminal operator as it expands its customer base beyond Maersk Sealand, according to a study of the global container handling market. Carriers cut war-risk surcharge Members of the India-Pakistan-Bangladesh- Ceylon conference, which serve the Asia-Europe trade lane, said they are reducing the surcharge at the Port of Colombo after international underwriters lowered insurance premiums. Swissair cuts more jobs, sells assets The moves come after the company posted a loss of $140 million compared with a $1.8 million profit a year earlier after setting aside $150 million to cover losses at LTU Group, its 49.9%-owned German unit. Online ordering shaves $900,000 in costs for Navy IMB backs serial numbers for ships TACA maintains status quo on bunker charge

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Railion Benelux et IFB en navettes conjointes entre Rotterdam et Anvers Le Main Hub ferroviaire qu’IFB (Inter Ferry Boats) a implanté au nord de la zone portuaire anversoise et qui est exploité dans le style d’un terminal à containers maritime, marche très bien ainsi qu’ont pu le constater les ministres Magda Aelvoet (Protection de la consommation/Environnement) et Isabelle Durant, vice-première ministre et ministre de la Mobilité et des Transports, lors de leur visite du site mercredi dernier. L’installation, qui travaillait lors de son inauguration officielle il y a trois mois au rythme de 7.000 unités par mois (containers et caisses mobiles), a atteint en août un rendement de 12.000 unités, alors qu’on en attendait 10.000 pour la fin de l’année. C’est dire que pour la première année d’exploitation, le cap des 100.000 unités initialement prévu sera largement dépassé. Frans Maas va augmenter sa capacité à Gand et Moerdijk Le groupe logistique Frans Maas annonce pour le premier semestre un résultat net de 10,4 mio. d’EUR, soit une hausse de 6% par rapport au premier semestre de l’an dernier. Le chiffre d’affaires a enregistré une progression encore plus forte, mais les coûts d’exploitation ont également augmenté à cause de “mesures visant à renforcer l’organisation”, indique un communiqué de presse. La politique de croissance - tant interne (en Suisse, en Hongrie et en Turquie) que via des acquisitions (en Bulgarie, en Allemagne et en Finlande) - a été poursuivie, alors que des plans pour une expansion au Benelux ont également été annoncés. Swissair à nouveau confrontée à de lourdes pertes Chez la compagnie aérienne Swissair, le malaise se poursuit. Si le nouveau management a consenti d’importants efforts, le groupe a néanmoins subi une perte de plusieurs millions au premier semestre de l’année: un déficit de 234 mio. de CHF est venu se greffer sur la perte de 2,6 mia. de CHF subie en 2000. Swissair affichait encore un bénéfice modeste de 3 mio. de CHF à l’issue du premier semestre de l’année dernière. Calais envisage le développement d’un nouveau port ferry Les compagnies ferry dans la zone de navigation entre le continent européen et le Royaume-Uni semblent avoir digéré la concurrence du tunnel sous la Manche et la suppression des ventes hors taxes. Les compagnies ferry actives dans cette zone de navigation investissent à nouveau dans des unités modernes d’une capacité plus grande que le tonnage existant ou lancent de nouvelles liaisons. Apparemment, le port de Calais pense à nouveau à une forte expansion.

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AUGUST 30, 2001
Job cut epidemic to skip shipping sector Many US shipping companies are fat-free in both operations and management. OceanConnect.com hits milestone The thriving online auction company plans to double its existing pool of 13 equity partners. Cost of new ships hammers Attica The financial burden of six recent ferry deliveries has slashed profits at Greek ferry group. Taiwan shipping firms post mixed results Evergreen's first half income rises marginally from the previous year. Jinhui warns of depressed outlook Return to profit threatened by sharp downturn in freight market. Swan Reefer makes most of high season Former ugly duckling, soon to be renamed Star Reefers, has boosted profitability and emerged a major player. Borgestad profits halve The Norwegian bulker owner saw its bottom line weaken in the first half, despite a revenue rise. Bergesen sees weaker market Finance chief Garup Meidell warns gas and crude oil carriers facing downturn. Minos Kyriakou casts eye over Varna Athenian Sea Carriers chief may invest in ailing Bulgarian shipyard. Australia digs in over Tampa crisis PM John Howard remains determined to move the refugee ship out of his country's territorial waters. Safmarine tangos into Americas South African container line is starting new services called Tango and Rumba between US and South America.