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Shipping News

China box volumes soaring, HK port still growing
THE continuing surge in container traffic through China's mainland ports has put Hutchison Port Holdings' chief on the defensive, prompting him to deny that Hong Kong's port industry is a 'sunset industry'.
Maersk eyes stakes in China, India ports
HNN loses K Line service to Rotterdam
Kuantan Port set to open first dedicated container berth
Norwegian Cruise fined US$1m for dumping bilge

Air and Land Transport

Cathay Pacific seeks to resume flights to China
CATHAY Pacific Airways Ltd asked Chinese aviation regulators for permission to resume flights to mainland China after a 12-year hiatus, stepping up competition with Hong Kong Dragon Airlines Ltd and other local rivals.
Qantas staff gear up for 12-hour strike
MAS to slash domestic air fares
Russian jumbo crash due to technical flaw or human error
Politics plays a part in China Airlines' jet order

web site

Shipping News

China box volumes soaring, HK port still growing
THE continuing surge in container traffic through China's mainland ports has put Hutchison Port Holdings' chief on the defensive, prompting him to deny that Hong Kong's port industry is a 'sunset industry'.
Maersk eyes stakes in China, India ports
HNN loses K Line service to Rotterdam
Kuantan Port set to open first dedicated container berth
Norwegian Cruise fined US$1m for dumping bilge

Air and Land Transport

Cathay Pacific seeks to resume flights to China
CATHAY Pacific Airways Ltd asked Chinese aviation regulators for permission to resume flights to mainland China after a 12-year hiatus, stepping up competition with Hong Kong Dragon Airlines Ltd and other local rivals.
Qantas staff gear up for 12-hour strike
MAS to slash domestic air fares
Russian jumbo crash due to technical flaw or human error
Politics plays a part in China Airlines' jet order

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IRA carriers to raise rates on Far East/Middle East trades MOL signs up for US anti-terrorist programme NYK Line opens in-house agency in Vancouver Transnet posts improved results, warns of Rand's impact Union up the stakes, Qantas braces for strike Phoenix's new shareholder is named MD Atlas Air cuts losses, looks to Asia for growth

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AUGUST 1, 2002
UPS guarantees home deliveries UPS is rolling out money-back guarantees for U.S. residential shipments in the lower 48 states today, partly aimed at erasing a service gap with FedEx which started such a service 2 years ago. MOL crew manning operations in the Philippines MOL today announced the integration of the crew manning operations which were conducted in the company's two crew manning companies in the Philippines, a follow-up to the merger between MOL and Navix Line on April 1, 1999. New Spanish agent Otal OT Africa Line (OTAL), the specialist West African shipping line, has appointed a new Spanish agent, Isamar, in a bid to strengthen its presence and enhance its operations in the Iberian Peninsular. Isamar, like Otal, is part of the Bolloré Group. Cathay wants China routes back More than a decade after it transferred rights to Hong Kong Dragon Airways to operate between Hong Kong and mainland China, Cathay Pacific Airways Ltd. wants those routes back, because of rising competition from Dragonair. Privatisation of airport monopoly stupid The privatisation of Sydney Airport is turning into a public policy disaster run by a 'monopolistic price gouger' according to Virgin Blue which may take legal action to enforce an agreement over access to the former Ansett terminal at the airport. UPS volume Asia up UPS said its volume increased 20% from countries directly linked to its new intra-Asia hub in the Philippines. The announcement follows other healthy second-quarter financial news from the region, including a 17 per cent gain in Asia export volume, and a 32 per cent rise in export volume from China.

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CP Ships announces $ 21 m profit for Q2 - Volume, at 4,98,000 TEUs, up by 6 pc P&O Nedlloyd appoints new MD for southern Africa Hanjin begins new service linking Chinese ports to Portland Inchcape Shipping opens 2 offices in E. Africa OOCL introduces SHX service, upgrades STX service to cover more ports in Japan Japan yards report record orders for Q1 CMA-CGM to use Le Havre as transhipment hub ECU-Line opens office in Fremantle Panalpina names Roland Wider as new CFO PTP continues efforts to attract more lines Antwerp port's box volumes up by 13.7 pc Big Port of St Petersburg's container throughput Hanjin, PSA renew terminal pact Le Havre joins container security initiative CP Ships to buy 4 ice-strengthened ships Indonesian ports to raise handling charges from Oct. 1 MOL kicks off new China-US service Evergreen, Hatsu & Lloyd Triestino join US security pact to thwart terrorism Maersk Logistics opens new distribution facility Hamburg's Eurogate orders new Nelcon ship-to-shore crane from Kalmar OTAL appoints new Spanish agent Australia to tighten Great Barrier int'l shipping curbs "Digital ship" to dock in Hamburg in Sept. Panama Canal toll set to jump Sluggish freight market erodes Indian shipping firms' profit margins MEDC's Business Seminar on 'Ports & Shipping' tomorrow - Vedprakash Goyal, M. P. Pinto to address Envoy hopes India-China trade will cross $ 4 billion Undue protection leading to high dumping duties: Korean envoy Jaswant eases tax burden on small investors Karnataka coastal SEZ proposal on drawing-board stage I-T returns deadline now Aug. 9 Rana exudes optimism on textile exports MEDC is applied research-a facilitator & catalyst to economic development Commerce Minister clears 46 FDI proposals worth Rs 214 cr Oracle to expand operations in Hyderabad Govt eases vaccines, LVPs manufacturing rules Safeguard duties on edible oils may be imposed

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AUGUST 1, 2002
US Gulf markets firm on resupply costs, demand falls Little activity reported in the ARA market today Daily Bunker market report from Praxis Energy Agents Gibraltar market firmer, some congestion Still some tight IFO380 in Piraeus Istanbul: Fair avails despite continued seal on storage tanker Little sign of relief from tight avails in Singapore Genoa avails: still no fuel oil Enquiries diminish in the Great Belt Sunshine in St. Petersburg Rotterdam steady at noon today Nigeria still rocking OPEC boat Higher fueloil prices in Tokyo Bay depresses demand Fuel oil softer in slow Korean market Singapore: People and company news Demand picks up in Vancouver Not much demand in Los Angeles and San Francisco

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AUGUST 1, 2002
VPA's box and cruise numbers set records during first half of 2002 General Dynamics subsidiary wins contract to operate Navy drydock Boeing's new 747-400ER making first test flights Corps of Engineers awards contract for fish passage system at Bonneville Dam Endeavor Capital buys control of Portland-based Market Transport

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Upgrade for 'revolutionary' jumbo dredger BEARING witness to the changing face of dredging, the once revolutionary Pearl River was withdrawn from duty as part of the Jurong reclamation scheme yesterday for upgrade, writes Hugh O'Mahony . Names lash out at 'burden' of loss-making corporates IN A clash of old versus new, traditional Lloyd's names have accused more recently arrived corporate investors of running up disproportionately large underwriting losses that burden the whole market. Clarksons pours $1.25m into OBO arm LEADING shipbroker Clarksons has invested $1.25m of 'surplus resources' into a OBO shipowning venture as the first project for its new subsidiary Clarkson Logistics. Russia pulls plug on London Lukoil sale RUSSIA'S last minute decision yesterday to pull the plug on the London Stock Exchange sale of 6% of oil giant Lukoil has sparked a wave of bewilderment among international investors. Lloyd's List Focus- Maritime security under the spotlight LLOYD'S List has made the whole maritime security issue one of its highest priorities, and you will find below a number of the articles that tackle this crucial issue.

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AUGUST 1, 2002
Westbound trans-Atlantic rate hike The Trans-Atlantic Conference Agreement has announced a hefty increase in general tariff rates amid surprising container volume. Cathay wants China routes back More than a decade after it ceded rights to operate between Hong Kong and mainland China to feeder Dragonair, Cathay Pacific Airways wants those routes back. NVOCCs get AMS filing Non-vessel-operating common carriers will be able to file cargo manifest information with the Customs Service's Automated Manifest System (AMS), Customs officials said. 23 carriers join C-TPAT U.S. rail freight up again UPS continues Chi. talks Delta launches new cargo pricing Virgin jet makes first flight NY exploring trash boxes Ford deal coup for SAP India port opens reefer facility MOL integrates Philippines crew ops Con-Way names Fyfe Adidas rolls out i2 SCM Med equip. maker turns to air cargo screening

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Zeebrugge-Anvers: URS développe un nouveau concept de navette fluviale Le port de Zeebrugge est-il à la veille de connaître un important désenclavement fluvial? Il y a de bonnes raisons de croire qu’on s’oriente effectivement dans cette voie et si le projet en question est réellement mené à son terme, le port côtier belge sera mieux à même de faire valoir ses atouts en tant qu’outil complémentaire aux terminaux à containers anversois. Les nouveaux propriétaires de Trasmediterranea ambitionnent une expansion internationale Le holding public espagnol SEPI veut vendre sa participation de 95,24% dans l’armement Trasmediterranea à un consortium emmené par le groupe espagnol de construction et de services Acciona. Les autorités de concurrence doivent encore donner leur feu vert, mais les nouveaux propriétaires ont déjà annoncé que leur stratégie pour l’entreprise ferry espagnole, désormais privatisée, sera axée sur un développement des services internationaux. Cette expansion devrait permette de transformer la compagnie en un acteur de premier plan sur le marché européen des liaisons par ferry. Le consortium est prêt à débourser 259 mio. d’EUR pour Trasmediterranea, mais les actionnaires disposent de suffisamment de réserves pour continuer à investir. En effet, Acciona investira cette année à elle seule 650 mio. d’EUR, dont au moins la moitié ira à l’achat d’entreprises de transport et de logistique. Ainsi,il a acheté le réputé transporteur espagnol Olloquiegui il y a quelques jours. Le pôle italien d’ABX a accru son CA de 5,7% au premier semestre 2002 Au premier semestre 2002, et ainsi que publié dans une récente édition, le chiffre d’affaires d’ABX Logistics a augmenté de 1,4% à 1,47 mia. d’EUR. L’Italie est assurément un des fleurons du groupe: au premier semestre, la croissance du CA est de 5,7%. Signalons également que le service courrier d’ABX Logistics Deutschland s’est récemment allié au service ferroviaire express Eurodoc, de sorte que 140 grandes gares allemandes, entre lesquelles fonctionne le système “Same Day Service”, sont ainsi connectées au réseau européen Eurodoc via Cologne. Le port de Matadi redresse la barre Les dernières données - encore provisoires - recueillies de source portuaire à Matadi indiquent que le port maritime congolais a enregistré au premier semestre 2002 des résultats en hausse par rapport à l’année dernière. En terminant l’année 2001 sur un transbordement global de 1,039 million de tonnes, Matadi n’avait guère fait mieux qu’en 2000. Mais ces faibles performances n’avaient rien d’étonnant compte tenu de la guerre qui touchent des régions parmi les plus productrices du pays depuis plus de quatre ans. En revanche, pour les six premiers mois de 2002, Matadi affiche un trafic global d’environ 579.000 tonnes à l’import, contre seulement environ 61.000 tonnes à l’export. Cette faiblesse des trafics à la sortie est devenue structurelle pour le plus grand port congolais.

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AUGUST 1, 2002
Dohle's Polish deal in jeopardy German owner in crisis talks to save 14-containership order. Frontline partnered VLCCs to stay in pool Tankers International will hang on to operation of shared vessels. Eight ship blow for Szczecin yard Odfjell and Ceres cancel $440m chemical carrier newbuilding deal. Croatia approves ferry subsidy Maritime ministry to help Rapska Plovidba fund newbuilding at Viktor Lenac yard. Demolition buyers jack up prices But brokers say few owners likely to be lured from summer slumbers as demand has little depth. USCG wants LNG carrier security zones The US Coast Guard plans tough penalties for breaking a gas ship exclusion zone in Boston harbour. Clarkson sets up new projects arm Shipbroking giant slides into vessel ownership with new logistics venture. Volga Shipping keeps order close to home Russian owner spends $2m on 10 ships at nearby Krasnoye Sormovo yard. Gulfmark pushes up day rates Positive first half for US offshore shipping company, as charter deals pay off. P&O Princess wavers on options Decision on $750m double cruiseship order deferred until September. Wartsila profit axed Finnish manufacturer's marine engine orderbook hit by shipyard newbuilding slump. Smit refloats Nino off South Africa Salvage team shift Columbia Shipmanagement tanker from sandbank after two weeks. Sohmen ups Bergesen stake World-Wide Shipping's Helmut Sohmen inches up holding in Norwegian owner to 15.5%. Vancouver sees record box numbers Boxship volumes jump 17% at interim stage despite decline in tonnage using the Canadian port. Aboitiz family seizes control at WG&A Board dispute resolved by $71m buyout of founding Chiongbian and Gothong families. Samsung inks CMA CGM boxships South Korean yard confirms massive deal with French liner operator. Aussie PSC detentions show decline Port state control figures point to an improvement in the standard of shipping. NCL comes clean over pollution Cruise line joins a growing list of operators admitting they flouted US anti-pollution laws.