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Shipping News

US Navy defends 'precautionary force' in storming of ship
THE US Navy has defended its storming of a Singapore-chartered ship in early December injuring two crew members, saying intelligence indicated a 'potentially hostile encounter'.
S'pore set to remain world's busiest port in tonnage terms
Norway blacklists two Philippine training centres
S'pore-chartered tanker nearly causes collision off France
MPA has yet to receive US Customs proposals

Air and Land Transport

BA and American Air abandon alliance plan
BRITISH Airways and American Airlines effectively abandoned alliance plans on Friday, accusing the US authorities of imposing unnecessary and unrealistic conditions.
Sept 11 attacks cost 400,000 jobs worldwide
CAL pilots grounded after runway mix-up
Cathay offers 10,000 tickets in promotion drive
Europe's planes fly closer to ease congestion
Log Book

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Shipping News

US Navy defends 'precautionary force' in storming of ship
THE US Navy has defended its storming of a Singapore-chartered ship in early December injuring two crew members, saying intelligence indicated a 'potentially hostile encounter'.
S'pore set to remain world's busiest port in tonnage terms
Norway blacklists two Philippine training centres
S'pore-chartered tanker nearly causes collision off France
MPA has yet to receive US Customs proposals

Air and Land Transport

BA and American Air abandon alliance plan
BRITISH Airways and American Airlines effectively abandoned alliance plans on Friday, accusing the US authorities of imposing unnecessary and unrealistic conditions.
Sept 11 attacks cost 400,000 jobs worldwide
CAL pilots grounded after runway mix-up
Cathay offers 10,000 tickets in promotion drive
Europe's planes fly closer to ease congestion
Log Book

	web site

CSX Lines deploys electric service for speedy operations CSA, NSA chiefs meet in Beijing PTP picks up biggest cranes in Southeast Asia IPBCC ups rates Zim purchases Daphna Weissman & Lavy Ltd Lilly to gild Qantas expansion opportunities in New Zealand Macau link boosted for Lunar New Year Danzas strengthens operations with mergers Ryanair places record order for 100 new Boeing 737-800s

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JANUARY 25, 2002
Air France subsidy to be approved CSX profit rose Ryanair aims for huge victory NTE: more revenue, higher loss Ambitious goals BA boss Royal PTT Post will be Royal TPG Post Less knife shipping

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HRC Shipping commences services on Colombo-Haldia-Chittagong sector Fieo, Ukraine sign MoU, discuss steps to boost trade Concor organises "CONquest-2002" to facilitate seamless transportation chain - Day-long symposium to be held on Feb. 15 in New Delhi Panalpina teams up with Safexpress, Miebach Devanahalli int'l airport comes into sight Steps to achieve competitiveness in farm sector mooted Govt clears five more AEZs CM unravels Cidco's Navi Mumbai SEZ Empowered panel clearing MAI projects Canadian Dy PM for strong Pan-S. Asian economic ties Imports halt after Sinha's words on peak Customs duty Food-processing sector interests Japanese investors CBEC relaxes norms for scrutiny of export goods Australia keen to hike investment in India Farm sector revival to push up growth Singapore keen to explore fresh investment opportunities in India Assocham: Slash Customs duty on CPO imports FCTM 2002 proves to be platform to identify business opportunities

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JANUARY 25, 2002
Filling the SPR to boost oil demand Cracking down bunker fraud in Singapore: MPA suspends another bunkering licence Brazil bunker market update Rotterdam largely steady in quiet market Demand picks up in jittery Vancouver market Active US West Coast market Prices creep higher in the US Gulf

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JANUARY 25, 2002
IMO buckles on STCW deadline IMO has issued advice to Port State Control officers that, for a period of six months after the February 1, 2002 implementation deadline for the revised Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW 95), ships whose officers do not hold STCW 95 certificates or flag state endorsements need not be detained. Northrop shakes up NNS engineering Northrop Grumman Corporation's Newport News sector today announced the appointment of Matthew J. Mulherin as sector vice president of the CVNX programand a "restructuring" of the yard's engineering organization South Carolina House moves to ban gaming cruises Ships that set sail from South Carolina ports into international waters for the specific purpose of offering gambling would be banned under a measure passed by a House panel New president for OMI Tanker owner OMI Corporation announces that Robert Bugbee has been elected president and chief operating officer. Seabourn Cruise Line reports reservations boom Ultra luxury cruise operator Seabourn Cruise Line reports that it has experienced a three-month wave in which it booked net revenues exceeding those in the same period last year by 307 percent. ITF alleges 'inhuman' treatment of crew of ship in Port Canaveral Two International Transport Workers' Federation inspectors report "inhuman" conditions on a "Miami River" boat

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JANUARY 25, 2002
Port of Seattle changing grain system at Terminal 86 Vancouver Port Authority commissions container screening gear Port of Astoria looking for Budget Committee candidates Washington Public Lands Commissioner signs Port Management Agreement in Kalama Union Pacific Corporation posts big jump in earnings

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Fincantieri is 'ready for privatisation' Italian state shipbuilder Fincantieri is ready for privatisation, according to the chairman of the committee of liquidators of IRI, the industrial holding company. Emergency talks to halt Atlantic rates slide LINER shipping bosses have been summoned to urgent talks next week on the worsening transatlantic trades. Container lawsuits eagerly awaited DECISIONS on a clutch of lawsuits that have overshadowed the container shipping industry for many years will be handed down next month, writes Janet Porter. Lloyd's reform could lead to change on tax LLOYD'S proposed reform package could signal an end to some of the tax complexities that plague the market, and attract more big-hitters to Lime Street, accountancy experts believe. IACS chairman joins class war THE row over claims that many leading classes are second rate rumbles on, with the chairman of the International Association of Classification Societies entering the fray, writes David Osler.

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JANUARY 25, 2002
Tanker disregards Ushant separation New start for MSC's Ferryways Buenos Aires expansion 'uncertain' Lawyer slams STCW extension Haitian owner claims conspiracy Arison 'concedes' P&O bid Kværner awaits KWW ruling Damaged Stolt tanker awaits repairs Bush emphasises homeland defence Indonesian port merger rejected Singapore bunkering hits record SAECS returns to Durban ITOPF calls for compensation reform Investors return to Hanjin Shipping China to build new crane plant Costa opens first non-Med link Marina to tackle rampant smuggling Collapsible box project wobbles Maltese yard stages crane protest JN Port loses haz cargoes permit Constanza fights oil pollution

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JANUARY 25, 2002
American, BA reject DOT terms The airlines called Washington's price "too high" for approval of their trans-Atlantic alliance. Vastera reports 4Q loss; names new CEO President Mark J. Ferrer adds the title of chief executive officer, succeeding Arjun Rishi, who remains as chairman. CP Ships cuts fleet as profits sink The carrier has trimmed its vessel roster as stagnant rates hurt the bottom line in '01. Group seeks to change Miss. pilots' pay system Report: Deutsche Post facing huge penalty A.P. Moller renames terminal unit NVOCCs form lobby group Creditors file Holt plan Wallenius Wilhelmsen unit names Heintzelman MISC, OOCL change Euro coastal services UPS wins Taiwan customs concession John J. Farrell, maritime leader, dead at 71 COAC approves security white paper

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JANUARY 25, 2002
CP Ships to revitalise transatlantic business About half of the company's operations is on transatlantic routes. EU bids to join IMO Loyola de Palacio plans move against substandard ships through UN body. Ingram Industries acquires Midland The US barge operator will have a new owner in the second quarter of 2002. OMI appoints new president Robert Bugbee now holds the appointments of president and chief operating officer. China, Taiwan may open direct links Surging Yang Ming shares hit the 7% maximum trading limit on the bullish news. CP Ships to reduce costs Profit downturn sparks vigorous search for economies. EC prioritises entry into IMO The European Commission hopes to have more influence over non-EU flag states. Hyundai Heavy to get reimbursement The compensation is for a debt guarantee to Hynix Semiconductor and Hyundai Securities. IMO delays STCW 95 Six months grace before ships will be detained over new convention. Warnow awaits court cash judgement Kvaerner's German yard will soon learn whether its appeal against a hefty over-production fine has succeeded. Borgestad signs with MarineProvider Expanding Norwegian bulk carrier operator backs e-commerce venture. Bergesen tipped for NLNG newbuildings Norwegian owner poised to be named as victor in $600m-plus gas carrier newbuilding deal. HDW teams up with Izar Yards in co-operation deal to promote European shipbuilding integration. Sinotrans poised for 2002 stocklisting Chinese trading giant wants to go ahead with bid to raise $500m. Matson income down as cargo levels fall US-Hawaii container line hit by trade slump in 2001 as tourist numbers dwindled. ITF says treatment of crew "inhuman" Transport union inspectors are flagging up the plight of crew onboard a cargoship in the US. Fincantieri cruises to big earnings Italian yard announces huge profit rise for 2001 as it delivers P&O Princess ship. Daewoo profits triple Korean shipyard sees healthy returns in its first full year of independent operation from its parent. Arison pessimistic on P&O Princess Carnival chief Micky Arison says there is only 5% to 10% chance of success in takeover bid for UK cruise company. Asia Lion roars up Channel the wrong way Product tanker faces possible charges after failing to heed navigational rules off French coast.