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Shipping News

APL shake-up to revitalise regional operations
APL's management shake-up places greater emphasis on regional operations and taps into the company's in-house talent, says boss Flemming Jacobs.
PSA's Tuticorin venture posts 35% growth in '01
Rough seas delay NZ bid to free stricken cargo ship
P&O Princess shareholders defer vote on Caribbean bid
Canadian warship seizes drugs

Air and Land Transport

Ansett deal clears airport lease hurdle
THE consortium trying to revive Australian airline Ansett removed a major stumbling block when it reached an agreement to re-occupy the insolvent carrier's airport terminal in Sydney.
World Cup to boost Korean Air revenues by 270b won this year
SAA to spend up to US$1.5b on new aircraft
Italy rejects criticism, insists airports are safe
Qatar Airways to go ahead with Airbus A380 purchase
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Shipping News

APL shake-up to revitalise regional operations
APL's management shake-up places greater emphasis on regional operations and taps into the company's in-house talent, says boss Flemming Jacobs.
PSA's Tuticorin venture posts 35% growth in '01
Rough seas delay NZ bid to free stricken cargo ship
P&O Princess shareholders defer vote on Caribbean bid
Canadian warship seizes drugs

Air and Land Transport

Ansett deal clears airport lease hurdle
THE consortium trying to revive Australian airline Ansett removed a major stumbling block when it reached an agreement to re-occupy the insolvent carrier's airport terminal in Sydney.
World Cup to boost Korean Air revenues by 270b won this year
SAA to spend up to US$1.5b on new aircraft
Italy rejects criticism, insists airports are safe
Qatar Airways to go ahead with Airbus A380 purchase
Log Book

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Georgia sees roro growth Eurotunnel takes legal action against railways 'Disaster Network' launched to save lives Nason named as US Customs congressional affairs rep APM to manage Kingston container terminal complex BAA sees fifth Heathrow terminal as catalyst FedEx simplifies shipping for American importers UA loss biggest in aviation history

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FEBRUARY 15, 2002
Maersk shareholder in Hutchison terminals Price-fixing suspected on cross-Channel routes Menzies acquires Dutch cargo handler Higher rates Lufthansa Cargo Higher airline cost August-October American Airlines has enough of authorities Norway might sell SAS-stake Bill Gates prefers Canadian railway above Alaska Air Bombardier claim at Daimler Chrysler Fear for strike at United Airlines gone?

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Indonesia to seek easier India access to palm oil EC starts reviewing Indian bed-linen dumping duty CoPT seeks SEZ status for Vallarpadam area DCI appointing liaison agents overseas Express Transport hauling ODC kit from Kandla Port to Kevadia Indonesian airline to start direct services to India Fly Jac Forwarders organises spiritual meet at Chennai Envoy keen on Turkey-India trade boost STC divestment: EoIs to be invited in March Removal of 12 items from ECA purview leaves textile industry in confused state India, Italy sign MoU for leather sector growth Rabi prospects in North India turn rosy Australia wants talks on trade policy with India Now, floriculturists line up for TUF New drug policy eases price control, encourages R&D RBI simplifies NPA norms for direct farm loans Mexican envoy to speak at IMC today MCCIA to organise Pune Expo 2002 from March 7 to 10

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FEBRUARY 15, 2002
Market report for Chile Russian oil executives to discuss Q2 oil exports with government next week Bourgas-Vlora pipeline gets backing from oil majors Singapore firms, then flattens out in post-holiday market Korean bunker prices depressed by excessive fuel oil stocks Some barge congestion seen in Hong Kong Firm market seen in Japan Rotterdam morning market report Sluggish demand on the US West Coast

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Turkish railroads' 2002 investment plans P&O Nedlloyd expands rail transport High expectations for rail transport of ore AAR: Rail intermodal traffic, carloads decline D.F. Young announces iNavigator for instant global document access Conterm UK makes smooth transfer to new quality standard Kalmar straddle carrier family wins orders RESlink - for flight notification & rebooking T&B continues to rely on Encrypta's electronic seals Menzies acquires Fr8

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FEBRUARY 15, 2002
Cracks found in aluminum hulls The Seattle Times reports that the Coast Guard is investigating faulty aluminum used by two Puget Sound shipbuilders Security emphasis brings IMO Secretariat changes The IMO Secretariat has been restructured to "ensure a systematic and consistent approach to maritime security issue" Wartsila buys Singapore reconditioner Wärtsilä is acquiring the engine reconditioning business of Metalock (Singapore) Ltd. P&O shareholders veer towards Carnival P&O shareholders voted to give themselves more time to consider a takeover offer from Carnival.

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Round one to Carnival CARNIVAL has emerged victorious from the first crucial round of its battle to gain control of P&O Princess at the expense of arch rival Royal Caribbean's own merger plans. Salvors have delivered the Syrian-flagged Salvors have delivered the Syrian-flagged container carrier Rima S back to her owners in Malta. The vessel was put aground by her captain off the Tunisian coast after a collision. Wijsmuller Salvage had to pump heavy oil from a damaged tank before the vessel could be refloated. Urgent solutions sought at IMO meeting on security Last week's intersessional meeting on maritime security demonstrated "that everyone has taken marine security seriously and is willing to work on urgent solutions" said Rear Admiral Paul Pluta, who led the US delegation to the International Maritime Organisation meeting. Liberia official arrested in Brussels AN arms dealer who uses a passport identifying him as Liberia's deputy maritime commissioner has been arrested in Brussels on charges including money laundering and use of a false British passport.

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FEBRUARY 15, 2002
Shares sway on cruise merger delay Asian societies' class act Lines put Durban surcharge on hold Thai customs detain Singapore ship EU shipping summit convened Keppel names new company NOL beefs up box team Freight blow for Bunbury No sell-off, says STX Odfjell signs MOU with Korea Petro RCCL share falls post Princess vote Arica privatisation put on hold Ratings hint at two-speed P&I group P&O Princess EGM adjourns

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FEBRUARY 15, 2002
NCA to suspend Portland, Ore., service The move is part of a broader cost-cutting program by Nippon Cargo Airlines in response to the economic downturn and large financial losses. United, mechanics resume talks Sweden interested in SAS stake Shippers beware: Threat of cyber-terrorism remains high Seaway tolls to rise 0.5% in Canada STB extends comment period on BNSF line in Houston India to seek bids on three container port projects APL promotes executives Two Lufthansa cargo executives retire House maritime panel hears pros, cons of ID system

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FEBRUARY 16, 2002
SN Brussels Airlines prend la relève de DAT Le nouveau nom SN Brussels Airlines que portera DAT désormais, doit refléter une nouvelle identité d’entreprise tout en gardant un lien symbolique avec le passé. Tel était le message que le président Rob Kuijpers et son équipe voulaient transmettre lors du lancement officiel du nom et du logo. En ce qui concerne les vols prévus vers l’Afrique, le président a laissé entendre qu’il ne s’oppose pas mordicus à un partenaire de wet-lease belge. Sur ces liaisons, la compagnie aérienne belge espère par ailleurs également pouvoir vendre du fret. Schenker renouvelle son offre de services de transport en Europe Schenker, filiale de Stinnes Logistics, a développé trois nouveaux produits logistiques pour son transport terrestre européen, devant accroître la fiabilité du planning logistique et de la gestion de la chaîne d’approvisionnement. A l’instar des produits à délais définis dans le secteur du fret aérien, le groupe logistique introduit le même concept pour les livraisons terrestres. Schenker n’envoie pas de facture au client lorsqu’elle ne délivre pas la marchandise dans les délais garantis. USA/Europe et sécurité: des précisions qui s’imposent... Depuis quelques jours, les communautés maritimes et portuaires européennes, plus particulièrement en Belgique, sont en émoi suite aux dispositions que les Américains souhaitent obtenir des pays dont ils importent des marchandises par voie maritime, et qui consistent à contrôler les containers avant embarquement. C’est la ministre fédérale belge Annemie Neyts qui a attiré l’attention sur ce problème en déclarant que “l’avenir des ports de mer belges était menacé par les proposition américaines en matière de sécurité et qu’une dizaine de ports seulement de par le monde auraient l’exclusivité du trafic à destination des Etats-Unis”... Nous sommes en possession du discours prononcé le 4 février dernier par le Commissaire américain aux douanes Robert C. Bonner, lors de la conférence annuelle de l’Association américaine des exportateurs et importateurs, et sommes arrivés à la conclusion que la ministre a manifestement mal interprété certains passages de l’allocution.

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FEBRUARY 15, 2002
Arison stuns cruise rivals P&O Princess still backing Royal Caribbean merger despite Carnival's Micky Arison throwing spanner in the works at EGM. Funds view merger as more likely to win approval AXA and Jupiter back POC/RCCL merger, while Henderson reserves judgement. Maritrans shares skyrocket The US-flagged oil transport company shares hit a 52-week high of $13.90 on Thursday. Gorthon returns to profit Swedish forest products specialist prepares fleet renewal programme. Murmansk Shipping appoints acting director Sergei Kiselev is to hold the temporary post until the company's annual meeting in April. NOL empowers APL management Company chief Flemming Jacobs begins promised handover of reins to liner arm. Vote knocks cruise companies' share price Carnival, P&O Princess and Royal Caribbean all down after merger delay. SBM on the prowl for suezmax resale OMI tipped as on subjects with a resale as market languishes at a low ebb. Brighter outlook for Brovig Debt deal and letter of intent boost for struggling FPSO owner. Navigator Gas Management fights back A court injunction prohibiting NGML from speaking against Montanari charter deal had been thrown out. Svein Steimler finds a new cargo NYK executive to head ambitious Nordic water transport venture. Aker Maritime moves to delist Creation of Aker Kvaerner forces company out of Oslo exchange. Brambles quits harbour towage sector Aussie logistics group completes exit with sale of North Western Shipping and Towage. Arise Sir Arne Captain of refugee crisis ship gets a gong.