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Shipping News

PSA turns in best mthly volume in 17 months
PSA Corporation had some good news to break last night.
Maersk Sealand sees global freight rates rising this year
Opening up of crude oil market won't hurt Indian shipping
Honolulu port reopens after bomb scare shuts traffic for 3 hours

Air and Land Transport

Taiwan, HK set to renew air pact by June
TAIWAN and Hong Kong will break a deadlock in aviation talks and reach a new agreement for flights on the so-called 'golden route' before the end of June, a report said yesterday.
Korean Air returns to profit
Four Japanese firms to supply parts for A380
Polish airline LOT to join Lufthansa's Star Alliance
KLM March passenger traffic drops 2%; fall slows
Sri Lanka to resume domestic flights to Jaffna
UPS opens US$300m Asia-Pac hub in Philippines
Log Book

web site

Shipping News

PSA turns in best mthly volume in 17 months
PSA Corporation had some good news to break last night.
Maersk Sealand sees global freight rates rising this year
Opening up of crude oil market won't hurt Indian shipping
Honolulu port reopens after bomb scare shuts traffic for 3 hours

Air and Land Transport

Taiwan, HK set to renew air pact by June
TAIWAN and Hong Kong will break a deadlock in aviation talks and reach a new agreement for flights on the so-called 'golden route' before the end of June, a report said yesterday.
Korean Air returns to profit
Four Japanese firms to supply parts for A380
Polish airline LOT to join Lufthansa's Star Alliance
KLM March passenger traffic drops 2%; fall slows
Sri Lanka to resume domestic flights to Jaffna
UPS opens US$300m Asia-Pac hub in Philippines
Log Book

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Evergreen confirms PTP switch PSA acquisition largest to date in northern Europe FS Mackenzie to deliver direct from Vietnam

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APRIL 4, 2002
Evergreen to Malaysia After leaving Singapore, Evergreen is turning its transshipment to Tanjung Pelepas 2, the very fast growing Malaysian port. Cargo 2000 elects new chairman Roger Gibson, Vice President Cargo of United Airlines, has been elected as the new Chairman of Cargo 2000. UPS opens Asia hub in Philippines UPS opened its intra-Asia air hub in the Philippines, a central sorting point within four hours from major Asian cities. New President for American Airlines American Airlines' operations manager Gerard J. Arpey was named president and chief operating officer of the carrier, making him a front-runner to eventually succeed Donald J. Carty as chief executive of the world's largest airline. Rescue UK Air Traffic Services delayed The Civil Aviation Authority, the economic regulator for the part-privatized UK air traffic control system, said on Wednesday that it would not announce a decision on National Air Traffic Services application for an easing of the air traffic control price regime before the second half of July. Cargo traffic KLM in March up In March 2002, cargo traffic of KLM was up 1 per cent over last year. AA Cargo fuel surcharge American Airlines Cargo announced a fuel surcharge for air cargo shipments to offset the trend of increased fuel prices effective April 17, 2002.

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APRIL 4, 2002
Reasonable demand in Boston and Portland ARA markets firm in the afternoon Not a lot of demand in Poland Firmer prices in Montreal US East Coast prices stabilise after recent gains Oil little changed at high level as war fears rule over fundamentals Avails improve in Ecuador, posted prices rise Healthy market in Tallinn this week Good activity in Great Belt and Gothenburg markets Moderate IFO price increases in Istanbul Singapore firmer again on crude despite weak fundamentals Demand slows down in Italy as market firms Piraeus: Elda refinery on strike Good avails in Gibraltar Japan quiet in firming market Clarification of current availability problems in the Montevideo and Alpha Zone bunker market Rotterdam morning market report Prices steady in Korea today after recent gains Hong Kong market stable at firm levels

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New Belgian Airline appoints European Cargo Services APL wins Baxter Healthcare's Supplier Award for the 10th Consecutive Year EMTA Lines: (North Europe/East Med Service) announce adjustments to the CAF PSA Singapore achieves highest throughput in 17 months Port of Oslo orders four rubber tyred gantry cranes from Kalmar Newship moves on Qantas to launch new airline KLM long-haul fleet revamp goes with Airbus

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APRIL 4, 2002
Army Corps gets go ahead to relocate terns from Columbia mouth UPS opens new intra-Asia hub at former Clark Air Base in Philippines Portland Airport noise committee schedules meeting for next week Olympia Port Commission meetings ready to hit the airwaves Federal Maritime Commissioner stepping down this month

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Scontro sui servizi in porto Braccio di ferro sull'inserimento di tutte le operazioni portuali nella lista delle liberalizzazioni Giro di vite sulla sicurezza dei traghetti

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Brussels gets tough with southern Europe ferries tighter safety rules for ferries in southern Europe and a minimum E 250,000 ($220,000) insurance payout per passenger form part of a new maritime package from the European Commission. TransPetrol move hits shipmanagers Harry Rutten's TransPetrol is transferring the technical management of its fleet of 26 tankers to a new in-house company, a move which may have dark implications for the UK operations of ceding shipmanagers Anglo-Eastern and Wallem. Recovery fails to lift AP Møller's gloomy forecast AP Møller is standing by its forecast of a loss for container shipping subsidiary Maersk Sealand this year despite a recovery in freight rates on several key trade routes. UK stands apart on Carnival bid Carnival's bid for P&O Princess Cruises is set for EU clearance in all markets except the UK, where the deal will be referred to the national competition authority, said sources close to the case and Brussels-based legal experts, writes Tony Gray.

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APRIL 4, 2002
Have your say! 'Lost sleep equals lost lives' Exxon Mobil disputes Valdez ban RCCL profit plummets Bilbao wins major rail boost Spanish call for Euro-builder ANL finds new service partners Australia warns on security Paris MoU to discuss PSC revision Pakistani breakers to strike Saudi erects steel barricades PTP rates lured Evergreen Mumbai detention spree ends India responds to Erika 'injustice' Shipbuilders face warning strikes Brostrom to raise contract coverage Second-hand market changes urged Seyang secures $15M fresh capital Shanghai box throughput surges Korean yards face order crunch

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APRIL 4, 2002
British Airways, KLM see cargo rise to highest levels since 9/11 March traffic rose to the highest monthly level since the Sept. 11 terrorist attacks on the U.S. devastated the industry. Georgia loses bid to block South Carolina plan for terminal land A plan to build a container terminal near Savannah took a step forward Wednesday when a court ruled that a South Carolina county can condemn 1,800 acres for the project. Exxon Valdez owner wants to return tanker to Alaska Philippines orders cut in port handling fee Liberty to build U.S.-flag ship D.Logistics sees 2001 loss CSX Lines offer online account management Yellow forms Meridian IQ Hawaii port shut down Wednesday Nu Skin chooses Elogex TSM software Optimum Logistics wins P&G chem contract Bulgarian Sea Fleet to buy Varna shipyard Transwide in French chemicals networking

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L’Allemagne adopte la taxe kilométrique Après des mois de tergiversations et d’objections de la part de diverses organisations professionnelles, le parlement allemand a finalement adopté la taxe kilométrique pour poids lourds sur les autoroutes allemandes. Le “LKW Maut” entrera en vigueur le 1er janvier 2003 et touchera tous les poids lourds de 12 tonnes et plus. Ils devront payer une taxe de 0,15 EUR par kilomètre pour pouvoir emprunter les autoroutes allemandes. Singapour: PSA va devoir repenser son approche La décision de l’armement Evergreen Marine de transférer en août prochain ses trafics de Singapour au port malaysien de Tanjung Pelepas (PTP) n’a guère surpris. PSA a longuement négocié et formulé plusieurs contre-propositions allant dans le sens d’une réduction très sensible des taux, mais il lui était manifestement impossible de présenter des conditions aussi favorables que celles de PTP. Selon certaines informations, les taux de manutention seraient de 50% moins élevés chez le jeune et nouveau concurrent voisin. Compte tenu des circonstances très défavorables dans lesquelles évoluent les mega-carriers opérant sur l’axe Est-Ouest, le choix d’Evergreen peut se comprendre. L’armement taiwanais a ainsi suivi l’exemple de Mærsk Sealand, qui s’est engagé pour 30% dans le PTP. La direction d’Evergreen n’a d’ailleurs pas caché que ce transfert d’un trafic de 1,2 million de TEU allait générer une économie qui se situerait entre 6 et 10 millions d’USD par an. SNCF: 300 mio. d’EUR de CA grâce à la diversification Bien que très peu connu, le groupe Sealogis, dont le siège est implanté à Levallois, près de Paris, apparaît de plus en plus comme le fer de lance de la diversification du groupe ferroviaire français SNCF. Via diverses filiales et participations, il est déjà présent dans huit ports, dont sept français et un belge. Avec un capital de 10 millions d’EUR, il est spécialisé dans les métiers de la logistique portuaire et maritime. L’ensemble de ses activités représente un volume d’affaires annuel de 300 millions d’EUR et un effectif global de 760 personnes. ILS a réalisé en 2001 un CA record de 6 mio. d’EUR 2001 a été une année exceptionnelle pour International Lashing Systems (ILS), qui a la ferme intention de rééditer voire de surpasser cette performance cette année malgré le contexte économique difficile. L’entreprise anversoise livre ses équipements d’arrimage partout dans le monde et compte un certain nombre de grands chantiers et d’armements roro et containérisés parmi ses clients.

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APRIL 4, 2002
PDVSA workers on strike Operations at several refineries and distribution centers are partially or totally paralysed. FGH names new chief Jack Stone will take over from outgoing John Alford on Friday. OMI projects bearish short-term outlook Weak demand and high newbuilding deliveries are to weigh down first half earnings. Insurance coverage protects OMI A substantial portion of costs related to an ongoing pollution probe is covered by insurance. Philipine Ports Authority mulls lower rates President Gloria Macapagal Arroyo orders a rate cut for domestic shipping. Unpaid Szczecin workers protest Staff at troubled Polish yard stage lock in after a month-long lay off on no pay. Cal Dive cuts earning estimates Bad weather in the US Gulf postpones project work to second quarter. VLCC rates take fresh tumbles Large tanker rates crash the psychological WS 30 barrier with little sign of improvement ahead. RCCL "looking radiant" Richard Fain is upbeat about prospects despite disappointing financial results. Call for Exxon Valdez return to Alaska ExxonMobil asks US Court to allow tanker to be able to return to scene of 1989 spill. Crystal Harmony in Honolulu bomb scare Suspect packages bound for cruise ship cause security alerts and for port to be temporarily closed. Mitsui revises profits upwards Japanese yard bullish on results after stacking up on orders and cutting costs. Diesel electric breaks steam's LNG monopoly Switch will create increased capacity and efficiency for Gaz de France's gas carrier newbuilding.