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Shipping News

PSA faces tough fight in overseas drive
PSA Corporation faces stiff competition for prime ports around the world as it continues its overseas expansion drive by focusing on Europe, North America and China, according to new chairman Stephen Lee.
Rates more important, say shippers using M'sian ports
Daewoo yard wins US$348m order

Air and Land Transport

United to lay off 2,700 more flight attendants
UAL Corp's United Airlines said it plans to lay off an additional 2,700 flight attendants because of reductions in its 2003 flight schedule as the airline tries to lower costs to avoid bankruptcy.
FedEx seeks 12 weekly cargo flights to HK
Virgin Blue float planned in first half of next year
People-smuggling ring smashed
EasyJet hopes for Deutsche BA pilot work practice pact
Log Book

web site

Shipping News

PSA faces tough fight in overseas drive
PSA Corporation faces stiff competition for prime ports around the world as it continues its overseas expansion drive by focusing on Europe, North America and China, according to new chairman Stephen Lee.
Rates more important, say shippers using M'sian ports
Daewoo yard wins US$348m order

Air and Land Transport

United to lay off 2,700 more flight attendants
UAL Corp's United Airlines said it plans to lay off an additional 2,700 flight attendants because of reductions in its 2003 flight schedule as the airline tries to lower costs to avoid bankruptcy.
FedEx seeks 12 weekly cargo flights to HK
Virgin Blue float planned in first half of next year
People-smuggling ring smashed
EasyJet hopes for Deutsche BA pilot work practice pact
Log Book

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RCL, KMTC launch Thailand to South Korea service MSC adds three Mediterranean port calls to North Atlantic service Davies Turner relocates London office Crowley Logistics promotes Dan Warner to finance director FedEx applies for 12 new frequencies through HK Southwest Airlines' October RPMs up over last year's BA unveils new service to Angola, expands ties with

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Dame Fortune smiles on Alang shipyard Varun Shipping acquires new LPG carrier Protection of IPR vital for India's growth: Larson US casting anti-dumping net over shrimps from India, 6 other countries Indian steel faces dumping probes in 3 Asian countries Asean FTA move to bring down tariffs too ISEC to export 1 lakh tonnes sugar to S.E. Asia Tea exports up 2 per cent US move to slap safeguard duty on Indian flat steels Addl textile quota release tomorrow NMPT observes 'Vigilance Awareness Week' Domestic airlines' fares go up by 10 per cent Tushar Jani elected Chairman of Express Industry Council Concor officials list measures taken to benefit ex-im trade Govt may raise DEPB rates; speed up disbursal Exporters seek govt nod to sell rice in domestic market FIEO pleads for continuation of DEPB scheme Balaji Leasing, others file EoIs for Navi Mumbai SEZ Expatriates' pay to be taxed as salaries not fees: ITAT IMC, Assocham & BCC&I seminar on 'Indian Economy-The Way Forward' tomorrow

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NOVEMBER 8, 2002
El Paso winds down bunkering as it exits Energy Trading Daily Bunker market report from Praxis Energy Agents Crude in holding pattern ahead of UN vote on Iraq Crude rally reversed as war premium deflates USWC: Markets tumble despite yesterday's volatile crude market

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NOVEMBER 8, 2002
Air France OOCL marks its long-term commitment to Singapore Eddie Teh to become PSA's next chairman The port of Balboa oders new cranes China Southern adds flight KLM Royal Dutch Airlines sees October load factor up USA rail tTraffic down in October Geodis publishes third-quarter net sales TPG acquires majority stake in direct marketing company

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NOVEMBER 8, 2002
Bollinger/Incat busy on mine warfare cat More details of versatile ship World Customs Organization continues work against terror Task force meets in Brussells

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NOVEMBER 8, 2002
Maersk Line Limited looks to expand vessels operating under MSP US rail counts drop during month of October MarAd turns to online system for Export-Import Bank's Form F GATX places railcar order with Trinity Industries Customs adds Italy to list of CSI participants

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Fujian lifts Taiwan barriers Fujian's leaders said yesterday the southeastern Chinese province was ready to re-open direct air and shipping links with nearby Taiwan. "Fujian is ready for 'three links'," Fujian's Communist Party boss Song Defu told reporters on the sidelines of the party's 16th congress in Beijing, referring to direct trade, transport and communication links. Anne whips the 'spoilt children' of IACS LLOYD'S Register, American Bureau of Shipping and Det Norske Veritas are behaving like "spoilt children" by seeking commercial advantage in joint tanker safety standards, a leading rival has charged. Growth marks change for IMO Council AN ENLARGEMENT of the IMO's Council has come into force in the run up to next month's crucial Diplomatic Conference on Maritime Security that fundamentally shifts the balance in the UN agency's ruling body. Nigeria's Mbanefo enters race for top job A SURPRISE entrant in the race to succeed William O'Neil as secretary-general of the International Maritime Organisation has emerged in the form of Monica Mbanefo, writes Andrew Guest. El Paso pulls out of energy trading EL PASO, North America's leading provider of natural gas services, is pulling out of the energy trading business, writes Tony Gray.

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NOVEMBER 8, 2002
Maersk sparks MSP dispute BalticExchange ends Strategic talks ILWU power under threat Jamaica to order x-ray scanners Ship agent indicted for fraud Drought cuts Churchill down New steel resists fatigue cracks Third cruise facility at UK port Change of tack on TACA Indian Coast Guard's recognition Trans-Pacific trade remains brisk Italy defies Brussels to sign CSI Subsidy saves shipyard subsidiary Antwerp complex wins approval Report reveals skills crisis Civitavecchia agreement opposed Bourbon offloads minor towage Australian inconsistency attacked Jordan seeks maritime investment Thailand captures pirate gang Hamburg Sud sticks with Daewoo PSA, OOCL extend agreement

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NOVEMBER 8, 2002
Congestion eases at LA-Long Beach The severe backlog of vessels resulting from the 10-day employer lockout of West Coast longshoremen is diminishing quickly, and the ports could be back to normal in about one week. UPS to raise rates in January International air rates will rise 2.9 percent, while those for domestic next-day air service will increase 3.2 percent, the company said. DOT shrugs off open-skies ruling A ruling by the European Court of Justice does not preclude the U.S. from negotiating further open-skies agreements with members of the European Union, the DOT's Jeffrey Shane says. MSC expands US-Med service Chiquita renews lease at Wilmington, Del. Seaboard acquires remaining Tecmarine services Port employers mulling cost, arbitration issues Two Indian companies offer truck-tracking services New air-cargo terminal to open in Malaysia Airlines vie for Hong Kong rights NYK Line trims outlook Hapag-Lloyd predicts "satisfactory" profits

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NOVEMBER 9, 2002
Hapag-Lloyd clôturera 2002 dans le noir malgré les circonstances “Nous parvenons quand même à réaliser une croissance à deux chiffres et transporterons 1,9 mio. de TEU cette année. Toutefois, la baisse drastiques des taux aura un impact sur notre bénéfice, ce qui ne nous empêchera pas de réaliser un bénéfice opérationnel satisfaisant. Dans l’ensemble, cela constitue une très belle performance dans le secteur, que l’on peut attribuer avant tout à notre organisation et à l’usage de systèmes IT orientés vers l’avenir”. Günther Casjens, CEO de l’armement Hapag-Lloyd Container Line, faisait ainsi part de son optimisme lors du baptême à Hong-Kong du dernier né de la flotte, le PC “Hong Kong Express” de 7.500 TEU. Fercam nouveau partenaire de transport routier italien de Dachser Le groupe de transport allemand Dachser va abandonner en fin d’année son partenaire de transport routier italien Züst Ambrosetti pour le spécialiste Fercam. Le nouveau partenariat débutera le 1er janvier 2003. A partir de cette date, Fercam assurera les transports européens de Dachser de et vers l’Italie. Züst Ambrosetti reste toutefois partenaire pour le fret aérien et maritime. EGL développe ses propres installations à Brucargo EGL Eagle Logistics, un expéditeur américain de fret lourd, va aménager ses propres installations à Brucargo. C’est ce qu’a annoncé Peter Singleton, le président d’EGL pour la zone EUMA (Europe, Moyen-Orient, Afrique), lors d’un entretien exclusif accordé au Lloyd à Londres. Anvers se prépare activement au régime du “manifeste 24h avant chargement” Vendredi dernier, les agents maritimes traitant des services containérisés intéressant la desserte des Etats-Unis participaient à une première réunion de travail relative aux dispositions à prendre pour être en conformité avec le nouveau régime imposé par les douanes américaines, dans le cadre du programme Container Security Initiative, et qui exige la présentation des manifestes 24 h avant le chargement à bord des navires.

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NOVEMBER 8, 2002
Baltic dumps Strategic bid Exchange decision against buying broker software firm leaves Strategic in the cold. El Paso bleeds red ink US gas company and ship charterer details its moves to exit its energy trading business. Daewoo ordered to up boxship price South Korean government steps in over pricing spat between shipbuilding rivals. Lloyd Werft wins P&O ferry conversion German yard to turn European Pathway and European Highway from freight ships into luxury ferries. Strait Shipping lines up CMN ferry deal New Zealand owner hoping to buy French line's vessel to beef up Cook Strait operations. Maersk aims to simplify US shipping interests Danish owner to consolidate management of 15 ships it operates for the Maritime Administration. Kvaerner Masa-Yards to cut capacity Outlook bleak as value of Finnish yard's orderbook halves. Cooke moves up at Institute of Shipbrokers Vice president Anthony Cooke named new president, with veteran lawyer Richard Sayer as his deputy. Thoresen Thai buys again Thai bulker owner splashes out for fourth ship of 2002, this time in Greece. Lasco details year-end losses Lower tanker rates and yard payouts will lower Latvian Shipping Co's returns. OOCL commits to Singapore Hong Kong container line has extended virtual terminal agreement with PSA Corp. Torch delays conversion project US offshore firm delays contract by 3 to 6 months on concerns over yard selection.