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Shipping News

Call to end price fixing in liner shipping
LINER shipping companies should no longer be granted anti-trust immunity for price-fixing and rate discussions, according to an in-depth and hard-hitting report by the Organisation for Economic Co-operation and Development .
Suspected slaying probe leaves tanker in limbo
Carnival agrees to US$18m dumping fine
MISC wins LNG contract from Gaz de France
Port Klang to forge closer ties with Abu Dhabi's Mina Zayed
ICTSI close to ending dispute at Brazilian port

Air and Land Transport

Top US airlines post first quarter loss of US$2.4b
THE top eight US airlines reported another US$2.4 billion in losses last week on top of 2001's record US$9 billion shortfall as air travel, although rebounding, is still a shadow of its former self following the Sept 11 attacks.
BAA to spend 8.1b in next 11 years
Airbus in talks with JAL over possible A380 sale
FedEx to double China-Japan flights on trade growth
KLM turns away passengers from flights
S Korea sends damaged Air China flight recorder to US

web site

Shipping News

Call to end price fixing in liner shipping
LINER shipping companies should no longer be granted anti-trust immunity for price-fixing and rate discussions, according to an in-depth and hard-hitting report by the Organisation for Economic Co-operation and Development .
Suspected slaying probe leaves tanker in limbo
Carnival agrees to US$18m dumping fine
MISC wins LNG contract from Gaz de France
Port Klang to forge closer ties with Abu Dhabi's Mina Zayed
ICTSI close to ending dispute at Brazilian port

Air and Land Transport

Top US airlines post first quarter loss of US$2.4b
THE top eight US airlines reported another US$2.4 billion in losses last week on top of 2001's record US$9 billion shortfall as air travel, although rebounding, is still a shadow of its former self following the Sept 11 attacks.
BAA to spend 8.1b in next 11 years
Airbus in talks with JAL over possible A380 sale
FedEx to double China-Japan flights on trade growth
KLM turns away passengers from flights
S Korea sends damaged Air China flight recorder to US

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Shenzhen to host seminar for foreign businesses Shanghai ports export more Hamburg Sud picks Carrier for container refrigeration Schenker turns to Santo Domingo Shanghai ports export more Recovery in sight for air transport market British Airways to make board changes at AGM Leif Hoegh to purchase vessels

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APRIL 19, 2002
Strong UPS growth in Europe UPS's net result was down 3.3 per cent to $563 million, or 50 cents UPS's a share. Analysts were expecting earnings of 47 cents a share. Europe's volume was up by 13 per cent. Schenker opens in Santo Domingo Schenker's Spanish subsidiary, Schenker, S.A., has opened a new branch office in Santo Domingo, the capital of the Dominican Republic. China Southern launches daily China-Japan service China Southern Airlines, the largest airline in The People's Republic of China, launched its new daily Boeing 777 service between Guangzhou, China and Tokyo, Japan. BAA confirms $11.7 billion investment plan BAA, the UK airports group, confirmed London's three major airports would receive an '8.1bn ($11.7bn) in investment over the next 11 years that would see the opening of Heathrow Terminal 5 and extension facilities at Gatwick and Stansted. US Airways needs loan guarantees US Airways looks set to become the first of the big seven US airline to succumb to the aviation crisis after it signaled on Thursday that it was close to applying for loan guarantees under the US government's $ 15 billion subsidy plan. CNF result slightly better because of subsidy CNF reported first quarter net income for common shareholders of $18.3 million, or 35 cents per diluted share.

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Cruise liners back at Indian ports Orient Ship 'A' team wins Shipping Shield Panalpina aims for major market share in India SCI to carry HPCL, BPCL crude this year too India wants WTO panel to settle textile export row with EU India agrees to supply 1.45 lakh tonnes additional rice to Philippines Garment exporters to scout for new fabrics, tap Chinese market UK auto parts team scouts for business in India KoPT chief wants Chinese firm included in dredging bid A-I in code sharing with Kuwait Airways Govt scraps duty on rough diamond imports - Gold jewellery imports put under OGL at 35 pc duty MEDC to submit policy draft for infrastructure sector growth this month Consul General invites investors to tap opportunities in Tanzania CII finds fault with depreciation proposal in Budget Govt aims at export of 15 m tonnes of foodgrains Treat China as partner, not as competitor, advises IT delegation Ahluwalia panel to recover power dues from States Schemes on Central assistance to States and Market Access Initiative Kapil Rawat given fond, memorable farewell

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APRIL 19, 2002
Current fuel contamination issues in the US, more information Ship-service takes on more barges as expansion gets underway US Senate stalls Arctic oil drilling Oil a little softer on partial Israeli withdrawal Market report from Marine Bunkering Seattle and Portland softer despite bullish crude Vancouver prices drop mid-week US West Coast market still below week-ago price level

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Eco overhaul ordered after pollution costs Carnival $18m CRUISE giant Carnival Corp is to overhaul environmental safety practices throughout its fleet and ports of call, and pay a total of $18m after pleading guilty in a Miami court to a series of pollution-related offences, writes James Brewer. State backs ABP in pilotage controversy THE UK government has backed Associated British Ports' controversial moves to shake up pilotage practices in the Humber Estuary in a report that rejects claims by pilotage groups that safety in the region has been adversely affected. Shipping nations under fire in tax haven probe LIBERIA has suffered a new setback in its effort to restore its shaky financial reputation. Filipino pair accused of murdering officer Two Filipino crew have been detained in Japan accused of murdering a Japanese deck officer aboard an NYK-owned VLCC.

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APRIL 19, 2002
Grain loading halted in Argentina CSAV head slams state port policy Ministries split over dredging Israelis seek delay compensation Senate vetoes Alaska oil drilling Liner cartels must end, says OECD French call for short-sea incentive Melbourne to host tug of war Shippers unrepresented in Cochin Rail tariffs stifle Caspian growth Russian port fees to rise US food aid now 'less predictable' Debt trap immobilises fleet Keppel yards going strong Korea expects record completions

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APRIL 19, 2002
Slowdown at West Coast ports? Waterfront employers say dockworkers staged slowdowns ahead of the start of contract talks. Argentina snarled by truckers strike Carriers are working on contingency plans to limit the impact of the work stoppage. UAL has $487M loss Qantas, Polar in cargo agreement NY Port Authority sells first bonds since 9-11 India ports see so-so increases Columbus Line drops New Orleans calls 1.8M boxes in cross-Strait traffic Cathay Pacific sees surge in cargo BXA changes name BAA to spend $11.7B on London airports Modest net for USA Truck Porsche calls at Baltimore

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APRIL 20, 2002
Rotterdam plaide pour un rôle de l’UE dans la planification de la capacité portuaire Lors de la seconde journée du “Symposium maritime et portuaire” de l’ITMMA (Institute of Transport and Maritime Management Antwerp), tant le président de l’Entreprise portuaire de Rotterdam Willen Scholten que le président Steven Lak du grand manutentionnaire ECT ont plaidé pour un rôle plus (pro)actif des autorités - plus précisément de l’Union Européenne - dans la planification des nouvelles expansions portuaires, plus particulièrement au niveau de la manutention de containers. “Une énorme expansion de la capacité en terminaux s’annonce d’ici 2010 et il existe un réel danger de surcapacité, car ces investissements ne sont pas toujours réalisés pour les bonnes raisons. La demande est en outre surestimée, tout le monde voulant attirer les mêmes flux de marchandises”, a déclaré Scholten. “Une approche plus adéquate consisterait à planifier les expansions portuaires à un niveau supérieur et à les placer dans un contexte plus large. Il n’est pas nécessaire que tous les ports deviennent des acteurs importants sur le marché.” Vopak va se rescinder en entreposage citernier et distribution chimique Le conseil d’administration de Vopak se refusait hier à tout commentaire jusqu’à lundi prochain, mais il est pratiquement certain que le groupe confirmera l’information livrée par le quotidien économique néerlandais “Financieele Dagblad” concernant l’annulation de la fusion des groupes Van Ommeren et Pakhoed au sein de Vopak. L’entreprise devrait à nouveau être scindée en deux entités séparées toutes deux cotées en bourse. La direction de Vopak s’est contentée pour l’heure de publier un communiqué affirmant que “le groupe se trouve en plein milieu du processus de révision stratégique annoncé”. Ces quelques mots et l’information parue dans le quotidien d’affaires néerlandais selon laquelle Vopak scindera ses activités en entreposage citernier et distribution de produits chimiques, ont suffi vendredi matin pour suspendre l’échange des titres Vopak à la bourse d’Amsterdam. Agro-Maas développe ses activités en Hongrie L’entreprise gantoise Agro-Maas s’est clairement profilée ces dernières années en tant que prestataire de services logistiques pour le secteur des produits agricoles. Pour l’instant, il semble que l’entreprise poursuivra sa croissance tant à l’intérieur qu’à l’extérieur, car le fondateur Ronny Maas vise à nouveau l’Europe de l’Est et est en négociations avec le port intérieur de Gyor-Gönyu pour la construction d’un silo horizontal. De nouveaux investissements interviendraient également en Ukraine. Le groupe assurera cette année le chargement de 800 à 1.000 navires et contrôlera un trafic de 2,5 millions de tonnes de vracs agricoles comme les aliments pour bétail, les graines oléagineuses, le riz et les huiles minérales. SN Brussels Airlines veut se faire une place dans le transport de fret de et vers l’Afrique Les vols vers l’Afrique que SN Brussels Airlines veut lancer à la fin de la semaine prochaine peuvent compter sur un engouement certain des passagers. La nouvelle compagnie aérienne belge veut toutefois également rentabiliser sa capacité de soute. Les clients potentiels ont été informés des plans de la compagnie lors d’une réception organisée conjointement avec le general sales agent Globe Air Cargo Belgium, la filiale belge du groupe français European Cargo Services (ECS).

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APRIL 19, 2002
Carnival slapped with $18m fines The cruise operator pleaded guilty to six counts of falsifying records on oil pollution. EPA clears ships of Detroit oil pollution Oil from the spill is likely to be of industrial waste grade. NM Paterson assigns blame for impending exit The Great Lakes shipowner incurred $20m loss from Windoc accident last summer. China-Taiwan container trade down The number of shipping companies operating the direct service is down to 10. Leif Hoegh confirm Jinling order But owner rules out Airbus charter deal going beyond two costly ships. Royal Olympic's Kosovo appeal rejected Cruise firm's $70m damages claim against EU kicked out. Stelios and Ogilvy stepping aside Two famous names at expanding owner Stelmar are moving off. Poor demand slashes Matson's profit San Francisco-based container line posted 86% fall in first quarter operating profit. Vopak silent on split reports Dutch chemical tanker owner expected to separate shipping and storage interests. Navion mulls "green" gas carrier Norwegian owner sounds out shipyards about innovative LPG tanker for CO2. DNV chief in pay storm Helge Midttun's remuneration moves centre stage as class society staff negotiate. China Shipping ties up with Jumbo Chinese giant acquires heavy lift capability through link with Dutch player. Greeks boost influence at Intertanko Greece will have more votes on tanker body's council after tonnage rethink. Szczecin bankers sign deal Cash strapped Polish shipyard inches nearer to getting production restarted. AXSMarine and LevelSeas talk Merger in the air if charterers will back broker led system.