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US warns again of terrorist attacks in M-E waters
THE US Navy's Fifth Fleet has again warned of the possibility of terrorist attacks in Middle Eastern waters only weeks after an apparent terrorist attack blew a gaping hole in the side of supertanker off the Yemen coast.
Plenty of opportunities to expand, logistics sector told
APL christens latest newbuild
Ferry damages UK's newest warship

Air and Land Transport

Sats' profit up 4.8% mainly on one-off tax write-back
COSTS, cargo and overseas profits were up, but flights handled, catering and operating profits were down for Singapore Airport Terminal Services in the first half ending Sept 30.
SIA Engg sees uncertain outlook
Australian Airlines takes off for Asia
Airbus expects to supply 50% of M-E airlines' jets by 2018
easyJet order profitable
Qantas' passenger traffic up
American Airlines crash probe

Features

Crew, rudder focus of American crash probe
CREW action and turbulence will be scrutinised this week by investigators trying to find out why the tail fin snapped off an American Airlines jet before it crashed in New York last year, killing 265 people in the second-worst air disaster in US history.

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Shipping News

US warns again of terrorist attacks in M-E waters
THE US Navy's Fifth Fleet has again warned of the possibility of terrorist attacks in Middle Eastern waters only weeks after an apparent terrorist attack blew a gaping hole in the side of supertanker off the Yemen coast.
Plenty of opportunities to expand, logistics sector told
APL christens latest newbuild
Ferry damages UK's newest warship

Air and Land Transport

Sats' profit up 4.8% mainly on one-off tax write-back
COSTS, cargo and overseas profits were up, but flights handled, catering and operating profits were down for Singapore Airport Terminal Services in the first half ending Sept 30.
SIA Engg sees uncertain outlook
Australian Airlines takes off for Asia
Airbus expects to supply 50% of M-E airlines' jets by 2018
easyJet order profitable
Qantas' passenger traffic up
American Airlines crash probe

Features

Crew, rudder focus of American crash probe
CREW action and turbulence will be scrutinised this week by investigators trying to find out why the tail fin snapped off an American Airlines jet before it crashed in New York last year, killing 265 people in the second-worst air disaster in US history.

web site

Shipping News

US warns again of terrorist attacks in M-E waters
THE US Navy's Fifth Fleet has again warned of the possibility of terrorist attacks in Middle Eastern waters only weeks after an apparent terrorist attack blew a gaping hole in the side of supertanker off the Yemen coast.
Plenty of opportunities to expand, logistics sector told
APL christens latest newbuild
Ferry damages UK's newest warship

Air and Land Transport

Sats' profit up 4.8% mainly on one-off tax write-back
COSTS, cargo and overseas profits were up, but flights handled, catering and operating profits were down for Singapore Airport Terminal Services in the first half ending Sept 30.
SIA Engg sees uncertain outlook
Australian Airlines takes off for Asia
Airbus expects to supply 50% of M-E airlines' jets by 2018
easyJet order profitable
Qantas' passenger traffic up
American Airlines crash probe

Features

Crew, rudder focus of American crash probe
CREW action and turbulence will be scrutinised this week by investigators trying to find out why the tail fin snapped off an American Airlines jet before it crashed in New York last year, killing 265 people in the second-worst air disaster in US history.

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New direct link from Shantou to Japan Initial phase of China's largest dockyard finished APL floats 2,500 TEU Dalian TMM Lines introduces South America to Europe reefer service Savannah sets new containerised cargo record ICTSI makes a couple of management appointments Singapore Airlines interim net profit jumps 473.8pc Qantas to open maintenance facility in Melbourne Taipei to Moscow flights to start next year

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OCTOBER 28, 2002
Positive result, put pension problems TPG TNT Post Group (TPG) was up 0.6 per cent in morning hours trade at the Amsterdam stock exchange (Euronext), at 17.80 euro, after it releases good results for the third quarter of 2002, but warned for pension fund shortages. Shanghai ship visits up 10 per cent Shanghai Port, China's fastest growing foreign trade port, reported a 10 per cent increase in the average daily number of coming and leaving ships in the first 9 months of 2002, compared to the same period of 2001. DHL launches tracking toolbar for IE DHL Worldwide launched DHL Toolbar, the industry's first Internet Explorer based tracking device, enabling customers to access real-time tracking information with just two clicks from their Internet Explorer toolbar. US Airways lay off nearly 500 pilots US Airways has to lay off another 471 more pilots. K&H reorganizing in the US Kuehne & Nagel has begun to introduce restructuring measures at the US subsidiary, USCO Logistics. Unions preparing European and US port action The International Transport Workers' Federation (ITF) has begun preparing for industrial action in January 2003 against what it calls "union busting": the sidelining of unions at ports in both Europe and the United States.

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Govt sets tough terms for funding purchase of SCI stake Seamen hold protest demonstration, threaten to intensify agitation over PF issue India, Lanka to resume ferry services Triple Lloyd Shipping intensifies drive for excellence EU bans 2 more dyes in textile, leather products 1.5 lakh t. wheat for S-E Asia, Far East Vast scope in agri, mineral trade with China seen IDFC appointed Vallarpadam project consultant Vedprakash signs LoI with Flanders for development of ports, waterways Global meet on multimodal logistics held in Egypt Forex reserves nearing $ 64-billion mark Inflation rate falls to 2.83 pc Envoy sees scope for boosting trade with Hungary Forex reserves touch $ 64.068 bn SEZ rules being given finishing touches FCI's RO time limit upsets exporters Jaswant hints at Budget 'corrections' after Nov. 18 India asks WTO to consider certain non-agri products as unbound Unctad envisages more FDI flowing into India, China Expertise on SMEs: Egyptian team to hold talks with CII today Agenda for WTO talks mooted IMC to hold meet with Finnish trade team on Nov. 9

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OCTOBER 28, 2002
Crude little changed as UN discussions on Iraq continue Rotterdam fuel oil at 3-4 month low on shifting fundamentals Turkish holidays bring low demand to Istanbul Novorossiysk: Bunkering conditions not so swell OPEC quota cheating and Iraqi exports on the rise Rotterdam opens soft then ticks higher with crude

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OCTOBER 28, 2002
BNSF: OmniTrax for Chicago hub Inland shipping freight market, week 39, 23rd/27th September, 2002 Inland shipping freight market, week 41, 7th/11th October, 2002 Inland shipping freight market, week 42, 14th/18th October, 2002 Fuzhou Qingzhoui Container Terminal continues to expand "K" Line to deploy three LR II type double-hulled product tankers Brunswick's automobile and machinery units up Forty-Five Percent in July/August 2002 DHL International opens new express mail service centre in Tokyo Kuehne & Nagel International AG reports a 3.1% increase in turnover in the first three quarters of 2002 BAX Global opens branch office in eastern China

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OCTOBER 28, 2002
Listing container vessel righted at Port of Seattle Federal Maritime Commission nets $820,000 in civil penalties New APL vessel goes to work covering for West Coast slowdowns China coming onboard Customs' Container Sercurity Initiative Port of Everett director named chair of AAPA delegation

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OCTOBER 28, 2002
IMO to Make Passenger Insurance Compulsory

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Bush cracks whip over Pacific ship security plan MARITIME security measures in Asia-Pacific countries will be significantly toughened to reach a common high standard, leaders decided at a major gathering in Mexico. US Customs officers set for postings in China US customs officers could soon be sent to China after the two powers pledged at the weekend to work together in the fight against terrorism, writes Janet Porter. Giorgi and Bishop to share Cooney's role at V.Ships V.SHIPS has awarded the biggest job in ship management to Roberto Giorgi, who will take over as chief executive officer of V.Ships Inc following the retirement of Peter Cooney in January 2003, writes David Osler. Crisis hit Gerling axes non-life reinsurance GERMAN insurance group Gerling will shut its non-life reinsurance activities and could sell its life reinsurance business in a bid to keep its core operations afloat.

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OCTOBER 28, 2002
Limburg moves away from Yemen Belgians to tackle Indian waterways Bengal bay feeders push further Asians sign security agreement Repair yard re-opens in Scotland Japan behind in port info systems Joint seafarer training agreed Diamond construction begins again Warship damaged in ferry collision HUAL Europe declared total loss URS fleet upgrade despite Smit move CMB furious over Limburg demand Greece challenges NATO campaign Israel searches for terror shipping Batangas to get box equipment Rates slashed to boost Aqaba Singapore 'can cope with shocks' GCC pledges secure oil supplies

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OCTOBER 28, 2002
West Coast cargo-handling picks up Dockwork improved after employers complained to the Justice Department that union longshoremen were engaging in work slowdowns. NVOCCs say lines discriminated For the first time, freight intermediaries are giving government investigators what they say is proof that shipping lines in the eastbound trans-Pacific trade lanes discriminated against them in service contract negotiations. APEC leaders approve security plan TSA launches pilot test for air-cargo shippers TSA names chief of air law enforcement Sailors' union opposes Jones Act waiver Nov. 5 deadline for HK air applications TPG won't meet 2003 forecast Celarix sells tariff publisher back to founders Deutsche Post gets OK for Dutch mail venture Menlo Worldwide opens Asia complex Emery Forwarding launches express heavyweight service Railcar maker Greenbrier doubles backlog

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Le Rhein-Westfalen-Shuttle trouve son rythme de croisière Le service fluvial créé par l’armement CCS Combined Container Service (Ludwigshafen) et l’exploitant de terminal DeCeTe (Duisburger Container-Terminalgesellschaft) dans le but de relier la région industrielle de Dortmund aux ports maritimes de Rotterdam et Anvers via le canal Rhin-Herne et transbordement à Duisbourg ou Krefeld, a trouvé le bon rythme et table sur un trafic de 5.000 TEU cette année. La région desservie par cette voie d’eau a un potentiel de marché de quelque 43.000 TEU par an et offre une répartition assez équilibrée des flux de marchandises dans les deux sens. Le service, qui a été baptisé Rhein-Westfalen-Shuttle (RWS), a une fréquence de trois départs par semaine. United Cargo veut donner la réplique aux intégrateurs United Cargo, la division fret d’United Airlines, entend s’adapter aux exigences posées à une entreprise de fret aérien moderne en améliorant sa prestation de services, en conluant des partenariats et en proposant de nouveaux produits. C’est ce qu’a annoncé Roger Gibson, le vice-président d’United Cargo, à une délégation de journalistes spécialisés européens qui rendaient visite au complexe fret inauguré par la compangie à Los Angeles il y a un peu moins d’un an. Le groupe SNCF cherche un nouveau partenaire pour Ermewa Via sa société holding SNCF Participations, le groupe ferroviaire français SNCF détient la quasi-totalité du capital d’Ermewa. Mais cette situation pourrait évoluer dans les prochains mois. La Financière Edmond de Rothschild a en effet reçu mandat pour nouer des contacts afin de trouver un ou plusieurs partenaires dont l’arrivée permettrait de reclasser une part - pouvant aller jusqu’à 60% - du capital d’Ermewa. Parallèlement, les liens opérationnels entre la SNCF et Ermewa vont néanmoins se resserrer dans le cadre d’une nouvelle entité visant à présenter une offre logistique globale pour le secteur de la chimie.

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OCTOBER 28, 2002
US West Coast port dispute continues PMA and ILWU are pointing fingers at each other in regards to port congestion problem. Gard goes for 15% Improving finances result in lower than expected general increase. Limburg sails for repair Terrorist damaged VLCC begins long voyage back to trade. Todd Shipyards posts lower income Higher revenues and operating income in July-September fail to lift net income. B&N slides into the red Swedish shipowner plans to shed unprofitable bulk and ro-ro business. Strong numbers at KOM Singapore shipyard group Keppel Offshore & Marine trebled operating profits in the first nine months. China joins container inspection initiative China has joined Container Security Initiative in principle. Lasco sinks into the red Disappointing third quarter wipes out first-half profits at Latvian Shipping Co. Korea warns off Japanese shipbuilders EU's referral of Korea to WTO sparks war of words as Japan enters the fray. Pakistan looks to buy two veterans Ageing aframaxes are on the shopping list of Pakistan National Shipping Corp. Scrap prices firm as owners opt to trade Breakers are willing to pay top rates for vessels as hunger for steel heats up. RTF feels the chill Latvia's reefer owner Riga Transport Fleet plunged to a loss in first nine months of 2002. Maersk goes weekly at Greenock Danish giant signs with Scottish ports operator Clydeport for weekly call at Greenock Ocean Terminal. GSI losses widen But third quarter profit figures are back in the black as shipbuilding pace hots up. Salvor rights listing bulker A Westwood open-hatch bulker, only delivered this year, has run into trouble at the port of Seattle. Lingwood exits BC Ferries Boss of Canadian ferry firm leaves after three-year stint. Incat in US military hat-trick Tassie fast ferry builder inks catamaran charter deal with US Military Sealift Command.