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Shipping News

UN gives Liberia registry 3 months to shape up
THE United Nations Security Council has given Liberia three months to establish transparent and verifiable audits for its ship registry revenue as it extended sanctions on the West African country for another year.
Taiwan fears oil spill from Liberian registered tanker
Nedlloyd posts 50m euro loss in first quarter

Air and Land Transport

China orders tests for pilots and planes
CHINA has ordered the thorough testing of all airplanes and pilots following two crashes in the past month that have claimed 241 lives, state media reported yesterday.
Plan for third Paris airport to be reconsidered
US Airways faces possible bankruptcy
US plans to reduce vertical air space between planes
ANA to tighten grip on units
Faulty points to blame for British rail accident: experts

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Shipping News

UN gives Liberia registry 3 months to shape up
THE United Nations Security Council has given Liberia three months to establish transparent and verifiable audits for its ship registry revenue as it extended sanctions on the West African country for another year.
Taiwan fears oil spill from Liberian registered tanker
Nedlloyd posts 50m euro loss in first quarter

Air and Land Transport

China orders tests for pilots and planes
CHINA has ordered the thorough testing of all airplanes and pilots following two crashes in the past month that have claimed 241 lives, state media reported yesterday.
Plan for third Paris airport to be reconsidered
US Airways faces possible bankruptcy
US plans to reduce vertical air space between planes
ANA to tighten grip on units
Faulty points to blame for British rail accident: experts

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Guangzhou container terminal sets vessel record With China in mind, NYK re-routes Japan-Bangkok string P&ON Q1 shows steep decline Bangpakong predicts 25pc rise in box shipments Performance at Emirates flies in the face of adversity Singapore offers Arab states aviation training Elite rolls out new features in online site

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MAY 10, 2002
Singapore port operator PSA delayed Singapore port operator PSA delayed its initial public offering, because the image of its competitiveness has come down after lost struggles with terminals in Maylasia. ZIM chose IBM as contractor Zim Israel Navigation Company announced IBM has been contracted to handle a new international computerization project. The project, titled "Tevel 2000", includes more than 110 sites in 30 countries, with an overall investment of 25 million NIS. MOL to launch subsidiary in India Mitsui O.S.K. Lines announced that it would open a subsidiary in India to provide nationwide ocean shipping agency service. New Asia East-Africa service P&O Nedlloyd, Mitsui O.S.K. Lines and Delmas announced a new joint service between Asia and East-Africa. Profit forecast JAL Japan Airlines forecasted a return to profits on Friday after posting for the full fiscal year ended in March a group net loss of Y36.7bn ($286 million) as group revenues shrank 5.6 per cent.

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Metcoke units for retaining dumping duty Move to export buffalo meat to Russia Cegat order ends decade-long controversy on liquid bulk import cargoes Texprocil eyes vast Chinese market Export horizon turns rosier for Nasscom 54 pc rise in oilmeal exports in April EU softens stand on Indian bed-linen imports KoPT to welcome private sector participation in 8 projects Several new faces get berth on Paradip Port Trust Board New KCHAA office-bearers elected for 2002-04 - A young & dynamic team at helm of affairs NPCT operations affected by damaged quay cranes - Trade looking forward to early normalcy FCI wakes up to exporters' needs GVK to build 90-km stretch of expressway AEZ status sought for rose onion growing areas of Kolar Export units need not pay cess on tobacco CII-IIM report of Gujarat's impact on industry soon L&T may build apparel park in Tirupur 'Thank you, NSICT!' MbPT's stand on long-standing containers

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MAY 10, 2002
OPEC's basket price within target range for one month Chile market report from PMC Crude firm again as Israeli forces prepare for another mission Rotterdam market report from Marine Bunkering Strike ends at Panama refinery LA and San Francisco market report Demand slows down in steady to firm Vancouver market Portland and Seattle bunkers reported at unusually low prices

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MAY 11, 2002
Holloway out at FGH J.L. Holloway has resigned from the board of Friede Goldman Halter Bath files GAO protest on DD(X) award Bath Iron Works, a unit of General Dynamics has filed a protest with the General Accounting Office challenging the fairness of the Navy's DD(X) evaluation process. Tidewater announces an order...and a resignation Tidewater Inc. has entered into a $45 million construction contract with Bollinger Shipyards Lockport LLC ... and Boysie Bollinger has left the Tidewater board

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MAY 10, 2002
Stephen Sewell will head Parsons Brinkerhoff subsidiary Hamburg Sud orders 2,300 new reefer boxes Series of community workshops will discuss Whatcom County economy Rail intermodal count continues growth streak Federal Transit Administration names new director for Northwest

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Harland and Wolff handed land lifeline Work-hungry Harland and Wolff's chances of survival took a crucial step forward with the Northern Ireland Executive's approval of the yard's plan to switch almost half of its land to purposes other than shipbuilding. Caterpillar's $100m lift for Kvaerner Philadelphia ENGINE maker Caterpillar has delivered a $100m vote of confidence to Kvaerner Philadelphia Shipyard, which is building two 2,600 teu Jones Act containerships without identified buyers, writes Rajesh Joshi. Warsaw bars Stocznia cash rescue THE Polish treasury in Warsaw is still blocking the rescue of financially-troubled shipbuilder Stocznia Szczecinska which halted production on March 5. Ionia admits falsifying ship's log to cover up the dumping of waste oil PIRAEUS-based Ionia Management pleaded guilty in a New York federal court last week to falsifying a ship's log in order to cover up the dumping of waste oil into the ocean. A sentencing hearing in the case is scheduled for May 24.

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MAY 10, 2002
Malaysia backs Kra canal project Crew licenses spark diplomatic row Tanker joins dumping offenders Snakehead imprisoned in the US Superfast ahead in Yarmouth bid Asian Prosperity loses fleet US to ratify emissions treaty S African port agreements launched Silence over tanker divorce Bulker backers' bulkhead benefit Genoa to boost Egyptian links Harland & Wolff moves forward Greenfield venture under threat Sohar hosts largest methanol plant Hanjin HI to be split from group Yarra crew's eviction considered UK insurer's plea rejected Action urged against port police Korea, Thailand in maritime pact Panama port dispute resolved

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MAY 10, 2002
Carriers, importers brace for start of West Coast contract negotiations Port employers and longshoremen will try to hammer out a new deal before a July 1 work stoppage that could strangle U.S.- Asia trade. Senate, White House reach deal on trade promotion authority A compromise clears the way for approval of a bill that will enable President Bush to negotiate trade pacts without Congress changing them later on. BAA freight volume improves The British airport operator said the post-Sept. 11 decline narrowed in April U.S. will ask Senate to ratify ship pollution treaty Atlas Air loss in 1Q Fine Air plan approved Corps to assess Naragansett port plan Japan Airlines sees $285M loss Beijing links export zone to main airport Pakistan hit with air surcharges Customs' Durant to retire New terminal for Gdansk Stonepath buys United American

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MAY 10, 2002
Joachim Coens (MBZ) plaide pour une collaboration plus étroite entre les ports “La collaboration entre les ports belges évolue trop lentement”, estime Joachim Coens, président du port de Zeebrugge. Il se réfère à la situation aux Pays-Bas, dans la région de l’Escaut, où les ports de Terneuzen et Flessingue ont été intégrés au sein d’une seule communauté portuaire. Cette communauté a conclu au milieu des années nonante un accord avec Rotterdam pour le développement de nouvelles zones portuaires et attirer de nouveaux trafics. KLM très intéressée par le segment du bas coût Le développement des activités à bas coût fait partie des priorités de la compagnie aérienne néerlandaise KLM. Le programme de renouvellement de la flotte va également entraîner une hausse des recettes. Telles sont les initiatives devant permettre à KLM de consolider et renforcer sa position durant les prochaines années, a dit le président et CEO, Leo van Wijk, durant la présentation des résultats annuels (négatifs) du dernier exercice fiscal, clôturé ce 31 mars. APL Logistics a repris les activités de FSG APL Logistics, la division logistique de l’armement Neptune Orient Lines (NOL), a acheté les activités opérationnelles du spécialiste en distribution allemand FSG. L’acquisition porte uniquement sur les actifs, les contrats de maintenance et l’effectif de 120 personnes de FSG. Les dettes n’ont pas été reprises.

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MAY 10, 2002
Neptune protests shipyard delay Greek owner tells Astilleros Barreras to hand over $30m car carrier. Nakhodka spill row resolved Global settlement ends long running legal battle over "unseaworthy" tanker. Stelmar confirms Jamar charter Tanker owner's 12-month deal beats shorter charters for similar ships in March. Uniglory to sink Evergreen offshoot to be axed in cost cutting moves in Taiwan liner empire. James Fisher charters in its biggest tanker UK owner's boss Angus Buchanan strikes ten-year bareboat deal for former Marittima Fluviale ship. Tranz Rail speeds to bigger profit Passenger revenue up slightly at New Zealand group, thanks to Lynx fast ferry. Titanic Quarter deal secures yard future Green light for restructuring to give Harland & Wolff a $22m boost. Hanjin Group agrees divorce South Korean chaebol to split shipping, shipbuilding, aviation and finance businesses. Attica talks up East Port chances Greek owner believes it is front-runner for new service between UK and Netherlands. Team and MISC ships detained in Australia Blystad-controlled tanker and Malaysian bulker among 13 detentions in April.