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Shipping News

China shippers vow to boycott THCs
SHIPPERS in China have vowed to 'firmly boycott' the introduction of controversial terminal handling charges by international shipping line conferences, a move which is widely expected to gain their government's backing.
Mumbai seeking foreign investment for new terminals
MISC seeks to move into very large tanker market
Daewoo yard wins US$154m order

Air and Land Transport

Emirates may buy more planes than earlier planned
EMIRATES, the Middle East's largest airline, may quadruple its fleet and buy at least 50 more planes from Boeing Co and Airbus SAS than previously planned, said managing director Maurice Flanagan.
European airlines' int'l traffic drops 13%
United starts search for successor to CEO
Air France ups seats on flights to Africa by 70%
SIA cancels flights to Katmandu
Libya ready to compensate Lockerbie victims: report
MAS plane lands safely despite gear problem
Gulf Air seeks aid from owners

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Shipping News

China shippers vow to boycott THCs
SHIPPERS in China have vowed to 'firmly boycott' the introduction of controversial terminal handling charges by international shipping line conferences, a move which is widely expected to gain their government's backing.
Mumbai seeking foreign investment for new terminals
MISC seeks to move into very large tanker market
Daewoo yard wins US$154m order

Air and Land Transport

Emirates may buy more planes than earlier planned
EMIRATES, the Middle East's largest airline, may quadruple its fleet and buy at least 50 more planes from Boeing Co and Airbus SAS than previously planned, said managing director Maurice Flanagan.
European airlines' int'l traffic drops 13%
United starts search for successor to CEO
Air France ups seats on flights to Africa by 70%
SIA cancels flights to Katmandu
Libya ready to compensate Lockerbie victims: report
MAS plane lands safely despite gear problem
Gulf Air seeks aid from owners

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IRA adds US$100 per TEU on Far East-Mideast Trades No new broom at Port of New York/New Jersey Thai target for GAC Cargo's new development manager Japanese regulators sign off on JAL-JAS merger HK, Korea Customs sign co-operative arrangement Airborne swings to loss in 2001, sees late-2002 recovery Korean Air imposes fuel surcharge

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SCI may sign contract with IOC for crude movement along coast India to participate in Thai farm expo Fresh EU move against bed-linen makes India sound WTO again Uneconomic port operations must be reviewed: Goyal A-I adds Rome to flight map Cost of funds for exporters at global rates now: Jalan Fieo finds RBI approach to interest rate structure cautious CIAe head happy with credit policy CII projects 5-6 pc growth in gross domestic product this year Europe sourcing cheap Indian finished leather to make value-added items Parliament passes Budget Establishment of free port to be govt's next move: Prasad Rising cotton prices tempting mills to go in for imports Former Chairman of EEPC identifies shortcomings in credit policy Seed spices tickle foreigners' palate Indo-Italian Chamber courses for fashion garment exporters OECD paints rosy picture of growth prospects The scandal of long-standing containers

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MAY 1, 2002
Yantai-Raffles set to deliver tugs, MSV Brian Chang's Yantai-Raffles Shipyard is about to add to its array of successful deliveries. House panel would boost Title XI, Navy shipbuilding The House Armed Services Committee today seemed set to approve two shipbuilder-friendly additions to President Bush's defense budget proposals.

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MAY 1, 2002
Port of Seattle taps architect for Shilshore Bay Marina upgrade U.S. Army Corps of Engineers puts projects on hold across nation Container association reports global box count highest ever Hyundai and space-sharing partners complete change to larger ships for Portland VPA's Canada Place terminal open for cruises in BC

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Red Ensign revival sparks seafarer fears THE UK's tonnage tax has rocketed the Red Ensign into the world's top 10 ship registers amid mounting concerns that UK seafarers are missing out. Figures to be released in the Maritime and Coastguard Agency's forthcoming annual report will show further growth in both the number of ships flying the British flag and the volume of tonnage, which has increased by more than 1m tonnes in each of the past three years. £2bn earnings highlight shipping's vital UK role Gordon Brown has been given a forceful reminder of the importance of maritime services to the UK economy as the Chancellor of the Exchequer contemplates imposing taxes which many fear will drive foreign shipowners from London.

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APRIL 30, 2002
Balboa port row set to end Bangkok port to shut in five years Seaman killed in ferry fire Carriers end bitter dispute Pollution compensation bid secured Marad reverses preference decision Nanyang Shipping to be de-listed Gesco tops its profit record K&N aims for 1M TEU PLA returns to profit Smuggled cigs seized at Freeport Keppel launches new yard entity The cruise industry's dirty secret China slams rich nations in WTO Newbuilding prices set to rise High insurance costs investigated Pakistanis launch buying spree Omani venture focuses on gas Nile Dutch opens Angola run Controversial bulker awaits fate No money to repatriate deceased OECD agrees on shipbuilding action APL pulls Karachi terminal stake Hauliers threaten Israeli chaos SCI signs management contract IUM takes on Navieras ships Criminal acts ruling sought Wreck rice unfit to be eaten Cattle terminal decision on May 7 MISC moves into VLCC sector India to underpin failing yards CSL Yarra showdown anticipated Sri Lanka Ports seeks partner Oil berth fault caused Saldanha spill Korean marine police arrest master US laws could help foreign lines Politics holds up privatisation

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MAY 1, 2002
Korea OKs shipbuilding aid South Korea's National Assembly approved legislation to create funding for the country's shipbuilding industry, as the world's two largest shipyards reported lower first-quarter profits. Ag shippers won't challenge lines on Alameda Corridor rail surcharge Exporters said they are satisfied that the $15-per-TEU surcharge imposed by ocean carriers isn't an attempt at gouging. New security measures for So. Cal. The Coast Guard is implementing security guidelines covering marine terminals and truckers at the ports of Los Angeles, Long Beach and Port Hueneme. U.S. will retaliate if China restricts carriers: Creel MSC restructures trans-Pacific service Strong results for Kuehne & Nagel Deutsche Post denies it will be fined Rally against halt to Delaware River dredging Hike for India-Europe bunker surcharge Galveston names Cernak port director Emirates expects sharp cargo growth BDP International buys Belgian firm Progistix signs with G-Log

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G. Casjens (Hapag-Lloyd): “En cas de nouvelles consolidations, nous serons acquéreurs et non vendeurs...” L’armement Hapag-Lloyd, filiale du groupe Preussag a réalisé une fois de plus une performance record l’année dernière avec un CA de 3,9 mia. d’euros, dont 2,2 mia. générés par la division liner/containers (contre 2 mia d’euros l’année précédente). En, incluant les autres activité maritimes, dont les croisières, ce CA a atteint 2,4 mia. d’euros. En ce qui concerne cette dernière activité, elle a enregistré une perte de 1,7 mio. d’euros, toutefois Michael Behrendt nouveau président, a déclaré au cours d’une conférence de presse qu’il considère qu’un retour à la profitabilité va se manifester cette année. Quant au résultat global après intérêts il a atteint 299 mio. d’euros, en hausse de 20%, le bénéfice net étant de 230 mio. Le cash flow avec 422 mio. d’euros était en hausse de 5%. PwC Consulting: “Les entreprises logistiques investissant dans des applications internet ont un avantage concurrentiel ” Le bureau d’études PwC Consulting affirme dans l’annuaire 2002 Pan-European Logistics Services (PELS) que les prestataires de services logistiques doivent investir dans des applications internet pour tirer des avantages concurrentiels et se différencier de la concurrence. Les applications internet permettent aux entreprises logistiques d’accroître vitesse, efficacité et qualité de leurs processus logistiques, d’augmenter la transparence de la chaîne d’approvisionnement, et d’offrir davantage de services, plus complexes, dit PwC Consulting. Les résultats trimestriels rendent Kühne & Nagel optimiste Les résultats du premier trimestre s’avèrent meilleurs que prévus pour Kühne & Nagel. L’entreprise logistique suisse a il est vrai vu son bénéfice net régresser de 9,3%, de 42 mio. de CHF à 38,1 mio. de CHF, mais son bénéfice brut a progressé de 29%. Kühne & Nagel prévoit pour cette année un bénéfice net de plus de 150 mio. de CHF. Deutsche Post note une hausse du CA de 13% au premier trimestre Deutsche Post World Net a clôturé le premier trimestre de cette année avec une hausse du chiffre d’affaires de 13,1% à 9,7 mia. d’EUR comparé à la même période de l’an dernier. La croissance du chiffre d’affaires est principalement attribuée à l’acquisition d’une participation majoritaire dans le transporteur express DHL International. De ce fait, la part des activités étrangères dans le chiffre d’affaires a progressé de 31 à 39%, ce qui cadre parfaitement dans la stratégie du groupe.

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MAY 1, 2002
Genmar chief's bonus doubles The company's CEO Peter Georgiopoulos was paid a bonus of $600,000 in 2001. Abandoned refueling tanker up for sale US Coast Guard will sink the Indonesian tanker if it fails draw buying interest. JP Morgan covering Genmar stock The NYSE-listed tanker stock is rated long-term buy. Greece hunts Olympic cruiseships Athens committee ready to tender for up to eight vessels. More cruiseships sailing for Alaska The number of ships visiting the Northwestern US state will increase by three to 25. Kuzyk hopeful of $100m Czech order Tycoon Boris Kuzyk says Russia's Severnaya Verf to build 15 ships for Czech Republic. Tianjin Marine stumbles Northern Chinese boxship player's dwindling profits mirror performance of bigger rivals. Bangladesh breakers scoop up VLCCs Huge trawl of large tankers netted in pre-budget tonnage drive with more to come. Evergeen forecasts big profit drop Taiwanese containership giant pessimistic for 2002. GulfMark orders in Brazil US offshore owner signs for ship at Promar after posting best-ever profit in first quarter of 2002. Mumbai seeks bidders for two new box terminals Indian port is looking to Hutchison Whampoa and Port Klang to take on $196m development. CSL crewing row bulker switches ports Unions track Canada Steamship Lines bulker at the centre of Australian manning dispute. Orey income edges up Portuguese shipbroker and agent posts higher profits and revenues in first quarter. USCG makes arrests in fake papers crackdown At least two seafarers held in Miami over fraudulent certificates and licences.