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Shipping News

MSC to stay at PSA's existing Belgian terminal
MEDITERRANEAN Shipping Company has abandoned its joint venture plan with PSA Corp's Belgium port subsidiary Hesse Noord Natie to take over part of Antwerp's controversial Left Bank development.
PSA's Dalian terminal sets vessel productivity record
Limburg attack proves costly for Yemen
West Coast talks to resume on pension issue
Blast aboard Hanjin ship kills crewman

Air and Land Transport

US rejects regulation of Internet airfares
THE US government said on Tuesday it had no plans to regulate the advertisement and sale of airline tickets on the Internet, and also proposed easing restrictions on how carriers do business with the huge computer reservation systems used by travel agents.
Boeing offers engineers wage hikes of 4%
China Southern Air's passenger traffic up 19%
Virgin's Branson pushing for access to US airspace
United flight attendants, pilots agree on cost-cutting
PAL's Q2 loss narrows
KLM's Buzz to fly 7 routes from new base
Exel to use $23m hub for supply chain mgt business
SAS reports less than expected Q3 profit
Alitalia-Volare pact in antitrust probe
Air Zimbabwe contracts out plane servicing
Fast Track

web site

Shipping News

MSC to stay at PSA's existing Belgian terminal
MEDITERRANEAN Shipping Company has abandoned its joint venture plan with PSA Corp's Belgium port subsidiary Hesse Noord Natie to take over part of Antwerp's controversial Left Bank development.
PSA's Dalian terminal sets vessel productivity record
Limburg attack proves costly for Yemen
West Coast talks to resume on pension issue
Blast aboard Hanjin ship kills crewman

Air and Land Transport

US rejects regulation of Internet airfares
THE US government said on Tuesday it had no plans to regulate the advertisement and sale of airline tickets on the Internet, and also proposed easing restrictions on how carriers do business with the huge computer reservation systems used by travel agents.
Boeing offers engineers wage hikes of 4%
China Southern Air's passenger traffic up 19%
Virgin's Branson pushing for access to US airspace
United flight attendants, pilots agree on cost-cutting
PAL's Q2 loss narrows
KLM's Buzz to fly 7 routes from new base
Exel to use $23m hub for supply chain mgt business
SAS reports less than expected Q3 profit
Alitalia-Volare pact in antitrust probe
Air Zimbabwe contracts out plane servicing
Fast Track

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Vinpac granted China NVOCC licence Evergreen chooses new representative agent in Venezuela Asian Shipowners forum held in Hong Kong Econocaribe starts LCL service from India to Americas Draft Ports Policy fails on vital issues: SA Competition Commission Pactl: New secure palletising facility will save users time Polar Air Cargo names Hendrik Falk to head sales in Europe Hactl sets variety of througput records in October

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NOVEMBER 13, 2002
Taiwan against direct China charters Taiwan's cabinet decided against allowing direct charter flights between Taipei and Shanghai, saying the security and social costs would outweigh any economic benefits. American pilots will 'not hurt' The pilots' union at American Airlines said t is looking at "a range of compensation issues" in contract talks with the world's largest carrier that may help speed an agreement, but will not hurt the financially strapped airline. UPS, pilots start negotiating Negotiators for United Parcel Service Inc. and the Independent Pilots Association began contract talks that will include assistance from a mediator. Philippine cargo volume drops 4.7% Cargo volume handled by Philippine ports recorded a 4.70 per cent drop for the first seven months of the year, owing to the reduction in the volume of both domestic and foreign trading, the Philippine Ports Authority said. EC: shipbuilding faces downturn and market distortion The serious difficulties in world shipbuilding are increasing, as evidenced by a slump in orders for new vessels in the major shipbuilding regions in the first six months of 2002, says the European Commission in its sixth report on the situation of the world shipbuilding market. Shenzhen prices artificially high A recent research report from the Hong Kong think tank CLSA Emerging Markets suggests that artificial pricing at Shenzhen's container terminals is aimed at supporting high Hong Kong terminal handling charges, currently the highest in the world.

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Tuticorin-Colombo ferry service in offing SCI sell-off process stalled again CIMIA to press for tonnage levy in place of corporate tax Schedule revealed as pace quickens for Seatrade Middle East Maritime meet - 25 guest speakers confirmed Silk exports to US spurt in April-July Chinese co seeks sanction to invest in smelter unit 30,000 t. wheat to be sold to Indonesia Indian businessmen invited to invest in Finland ISEC sells 24,000 tonnes of sugar to Bangladesh TRF div. to supply large slewing unloader crane to Birla Coppper's Dahej jetty Bidding process for port projects to be transparent Air cargo agents meet in Colombo this weekend Rlys to undertake survey for new line Govt committed to implementing Nagpur cargo hub, NMSEZ, assures CM Infrastructure sector registers 6 pc growth in H1 Ficci signs MoU with Canada on energy efficiency Bills to reform labour laws on anvil Industrial sector records 5.2 per cent growth in April-Sept. 2002 Microsoft to pump $ 400 m into India over 3 years Advantages of Vallarpadam SEZ explained Enormous investment potential seen in Mumbai-Pune-Nashik triangle CMIE predicts 4 pc industrial growth Tuna harvesting project yet to show good results ECIL Chairman bags 'Lifetime achievement award' Narayana Murthy to head Sebi panel Bangalore Bio to be held in April 2003

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NOVEMBER 13, 2002
Hanjin Pennsylvania on fire off Colombo: one crew member dead, one missing Inland shipping freight market, week 45, 4th/8th November, 2002 BAWC flies to Luanda Emirates: two daily return flights to Johannesburg FRANCE: EIB lends EUR 50 million towards construction of Millau Viaduct Ethiopian Airlines increases number of flights to South Africa OOCL receives SQE certification Helium tanks for Hoyer Basel-Weil intermodal terminal to be extended Stena Line is the "Irish Sea Shipping Line of the Year" TNT Express France signs partnership agreement with Sodexi

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Collapse of CSN deal halts global ambition of Corus Corus blamed the deal's failure, which leaves the status quo in dry bulk shipping intact, on the faltering global economy and nervous financial markets. Oil fund payouts end tanker sagas LONG-running legal disputes arising from the Nakhodkaand Aegean Sea oil spills have now been globally settled, the International Oil Pollution Compensation Funds has announced, writes Sandra Speares. Inmarsat set to secure '1bn price tag INMARSAT is expected to be valued at £1bn ($1.5bn) when its proposed sale to private equity interests is finalised, writes Neville Smith. European ports stay vigilant after scare EUROPEAN ports remained on heightened security alert after last weekend's truck bomb scare, particularly in the Baltic region, writes David Osler.

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NOVEMBER 13, 2002
Crew evacuated from listing tanker Al-Najat candidates face charges TEN expansion continues Caribbean hit hard, says Fairplay Caribbean cruise ferry proposal Koreans furious over flawed report US security legislation goes ahead Fred Olsen's US plans thwarted Neptunia Med ready to leave Florida Hanjin fire brought under control Malawi agrees to use Nacala again Shipyard prices 'lowest for decade' Pretoria demands Spoornet answers Durban back to normal 'by weekend' EU 'needs new intermodal solutions' Russia to upgrade ageing navaids Iran cuts charges to build up trade Mini Marco Polo awaits subsidies Germans plead for state yard aid Seattle to convert box terminal Ceres/NYK beats off Halifax rivals Saudi unveils port services sale Investigation into ammonia fatality Halim Mazmin funds expansion Philippines to clean up ports Austal to cut US ship prices

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NOVEMBER 13, 2002
West Coast dock talks resume The ILWU and PMA are focused on two key issues: establishing a neutral system of arbitration for waterfront disputes and achieving a large increase in pension benefits for dockworkers. Both parties appear anxious to reach a settlement. Security bill awaits action in Congress The Maritime Transportation Security Act of 2002 requires the Department of Transportation to tell Congress how much it will need to secure critical port infrastructure, and make a proposal for how the money will be raised. FedEx chief outlines economic-stimulus plan US sets deadlines in Hong Kong air rights case China imposes steel tariffs Industry urges Britain to boost container port capacity Van Ommeren sells US-flag vessel Upturn in air cargo traffic encourages Indian forwarders Protesters delay nuclear-waste shipment in Germany

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Projet-pilote pour réduire le flux de documentation entre Anvers et Rotterdam Les autorités et le secteur privé ont uni leurs efforts dans le cadre du projet “Papierarm Varen” (naviguer avec moins de papiers) dans le transport fluvial de containers sur l’axe entre Anvers et Rotterdam, les deux grands ports du Benelux. Le volume annuel de ce trafic feeder s’élève à pratiquement 700.000 containers et chaque container doit être accompagné d’un document de transport. L’objectif du projet-pilote est d’employer la voie électronique pour le trafic de données, ce qui doit se traduire par un gain de rapidité et d’efficacité, une réduction des risques d’erreurs, une sécurité accrue sur la voie navigable et une plus grande transparence. SolVin et GRP s’allient pour la distribution de PVC en Italie SolVin, le producteur de PVC basé en Belgique, et le groupe suisse de transport intermodal GRP Group, basé à Chiasso, ont annoncé que le projet Sirio a effectivement démarré et que tout se passe comme prévu. Sirio est l’acronyme pour “Solvin Italy Railway Intermodal Operation”. Il porte sur l’acheminement de PVC par rail vers l’Italie depuis trois usines en Europe, ainsi que sur la distribution par route et rail dans la péninsule. Sodexi et TNT Express France visent à terme l’Europe Les clients respectifs de TNT Express France et du service “Equation Course” de Sodexi, vont bénéficier de la mise en commun des moyens développés par ces deux sociétés sur le marché des envois urgents. Dans un premier temps, cette alliance se limitera à couvrir la France en express domestique. Mais les deux partenaires envisagent d’étendre progressivement leur coopération à l’Europe. G.I.L.S. opte pour une approche progressive du marché anversois La nouvelle entreprise de groupage G.I.L.S. a vu le jour en septembre à Anvers, sans faire grand bruit, mais elle ne manque pas pour autant d’ambition. L’entreprise d’origine néerlandaise entend se faire petit à petit une place de taille sur la scène anversoise du NVOCC et se concentre dans un premier temps sur l’Extrême-Orient.

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NOVEMBER 13, 2002
Frontline investors braced for 3Q losses But analysts say strong November bookings provide glimmer of hope. MC Shipping steers steady course US-listed owner books fifth quarter in the black. EU and Korean shipbuilders square up again European Commission report says some Korean yards heading for bankruptcy. Finnish ferries boost Sea Containers Subsidiary Silja Line posts strong profit for Bermuda-registered shipping and rail group. Ugland behind Warnow boxship quartet Kjell Inge Rokke's (left) old friend Andreas Ove Ugland helps bolster flagging orderbook. HHI to pump cash into Samho Korean shipyard parent to help affiliate yard raise its share capital. EC postpones car carrier decision European Commission delays antitrust verdict on Wallenius Wilhelmsen's $1.5bn takeover of HMM unit. Shipping spurs on Borgestad Norwegian owner's open-hatch ships performing as expected, but manufacturing weaker than last year. Peak season perks up GNV Strong summer performance puts Italian cruise ferry owner back on track. MHI returns to profit Japanese yard is confident of improved end-year returns, despite sliding sales. K Line primes new European operations Senior managing director Takefumi Araki says LNG and capesize newbuildings could follow. UK business tugs Adsteam into reverse Australian firm's acquisition of Red Funnel Towage will lower profits in first half of fiscal year. Hyundai Merchant Marine stock surges Shares in Korean shipowner rise close to 10% on talk of car carrier cash and positive fiscal results. Japanese hold Wan Hai boxship Faulty stern light sees Taiwan owner's containership held along with 42 other offending vessels. IMO Council grows to 40 UN maritime agency welcomes eight new countries to "better represent interests of member states". Aden's loss is Salalah's gain Oman port sees boost in container volumes in aftermath of Limburg terrorist attack.