BRIEFS

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Shipping News

I'm in the dark about graft: bunker firm MD
HIGH-profile Singapore Shipping Association councillor Lim Li-Lian says she had 'absolutely no knowledge' of bribery payments allegedly made by four of her employees last year which have led to her company Coastal Bunkering Services Pte Ltd having its licences suspended.
Terrorists may have entered US posing as stevedores
3 nabbed after recovery of hijacked tanker

Air and Land Transport

Cathay, Eva Air set to gain in HK-Taiwan air pact
HONG Kong carriers and Taiwan's Eva Airways are expected to be the big winners from an expansion of air services on Asia's most travelled route, a further blow to Taiwan's dominant China Airlines after a crash at the weekend.
Qantas adds more flights on S'pore, Europe routes
Q1 loss widens, but Virgin Express sees full-year profit
Sale to lease plane to Air Asia, takes another freighter
UK extends war-risk insurance cover

web site

Shipping News

I'm in the dark about graft: bunker firm MD
HIGH-profile Singapore Shipping Association councillor Lim Li-Lian says she had 'absolutely no knowledge' of bribery payments allegedly made by four of her employees last year which have led to her company Coastal Bunkering Services Pte Ltd having its licences suspended.
Terrorists may have entered US posing as stevedores
3 nabbed after recovery of hijacked tanker

Air and Land Transport

Cathay, Eva Air set to gain in HK-Taiwan air pact
HONG Kong carriers and Taiwan's Eva Airways are expected to be the big winners from an expansion of air services on Asia's most travelled route, a further blow to Taiwan's dominant China Airlines after a crash at the weekend.
Qantas adds more flights on S'pore, Europe routes
Q1 loss widens, but Virgin Express sees full-year profit
Sale to lease plane to Air Asia, takes another freighter
UK extends war-risk insurance cover

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Hanjin upgrades Far East-Australia service Hong Kong exports rise 2.5pc by value in April Hapag-Lloyd offer lifts subsidiary share price Norasia joins IRA, EMERA and FEFC agreements IADA members raise box rates Evergreen Marine names R Sassine as Haiti agent Columbus warns of delays Hapag-Lloyd offer boosts subsidiary share price Dragonair cargo volumes up 60pc in April Air Foyle names two agents, expands Asian network Exel takes up warehouse space near Japan's Narita airport

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MAY 29, 2002
Good profit Air France Air France reported a net profit of 153 million euro for the first quarter of 2002, a good figure although 64 per cent lower than the first 3 months of 2001. Evergreen starts Haiti service Evergreen Marine Corporation (Taiwan) announced the appointment of R Sassine Company, SA as agents for the Republic of Haiti. Clean sweeping ceo for Consolidated Consolidated Freightways named John P. Brincko as its CEO, to further restructure the company. CEO Patrick Blake has to leave. TMM upgrades Gulf-Mexico-Mediterranean Service TMM Lines is upgrading its service between the US Gulf/Mexico and the Mediterranean with the addition of calls at Genoa and Livorno. Lufthansa in Polish kartel On June 1 Lufthansa and Polish airline LOT will then begin to jointly operate all flights between Germany and Poland, which have previously been serviced by both airlines. Geodis chosen by IBM Geodis, the French logistics group, signed a major logistics agreement with IBM in Ireland.

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UN gives go-ahead for string of maritime safety measures Markfed to export 70,000 tonnes of wheat Vitamin C industry gets 'excessive dose' of imports Tea exports up 6 pc in Jan.-March Dumping duty on Chinese float glass sought Pvt. exporters canalise 2.3 lakh t. rice through STEs Chinese silk makes smoother entry Global demand for onions may pick up in July Colombo port drawing up volume discount scheme to lure more box traffic Concor plans to provide air cargo bonded trucking service at Pondicherry-ICD Truck operators oppose hike in insurance premium Capexil envisages vast prospects for business in Iraq Entry of corporates, foreign investors can boost silk output, says Exim Bank study CII Ascon study finds white goods, auto sectors' performance better Pharmaceutical firms post robust 14 pc growth in April Textile Secretary tells apparel industry to improve upon export performance Govt prepares strategy to hive off 4 businesses of Balmer Lawrie ECGC plans to come under IRDA umbrella Govt yet to de-reserve knitwear sector as listed in Budget ONGC flushes out oil in Mehsana Lanka offers oil tank farm to IOC Rational duty structure for soft oil imports sought Gist of public notices/circulars/notifications Sharjah Sheikh in Geojit board

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MAY 29, 2002
New York and Philadelphia little changed Canada East Coast market update Crude sheds a month's gain in 7 days on "reality check" Increasing capacity of Baku/Supsa oil pipeline API forecast Chile market report from PMC and Coastal Petroleum NV Suez prices steady, Port Said still out African market snapshots New posted prices in Ecuador Prices heading lower in Arab Gulf bunker market Bunker prices for Brazilian ports Winner of the Thor Heyerdahl International Maritime Environmental Award to receive USD 100.000 South African Bunker market Argentina weekly market update Posted prices for Saudi Arabia a little softer

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MAY 29, 2002
TMM Lines upgrades Gulf-Mexico-Mediterranean service U.S./Med carriers increase bunker charge Port of Manzanillo expands New freight exchange Freightmart is launched Quatar Airways adds Frankfurt to its flight schedule Air Canada contracts SFS to manage its airfreight traffic in France and Spain MSC has launched new pendulum service calling at the Port of Savannah eModal Day at the Port in Charleston GloMap presents new «closed tender» system VTG-Lehnkering will expand capacity at its Mannheim hazardous goods store

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MAY 29, 2002
Matson inks deal with Kvaerner Philadelphia Matson Navigation Company, Inc., the ocean transportation subsidiary of Alexander & Baldwin, Inc., today signed a contract with Kvaerner Philadelphia Shipyard Inc. for the purchase of two 2,600 TEU containerships. Jail possible for chief engineer in dumping case Je Yong Lee, Chief Engineer of the M/V Sohoh, yesterday pleaded guilty in United States District Court to three federal felony crimes.Under the terms of his plea agreement, he could face up to 33 months in jail.

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MAY 29, 2002
ILWU/PMA contract negotiations -- Update Columbus Line enters partnership providing Australia/New Zealand to Asia service SEA-LAND INNOVATOR rescues crew from sailboat adrift at sea for three days UPS reaches halfway mark in negotiations with Teamsters Consolidated Freightways brings in restructuring ace as new CEO

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Lloyd's sparked by '448m Wellington start-up LLOYD'S insurer Wellington has given the market a major boost for the second time within weeks by raising '448m ($654m) for one of the biggest non-US linked reinsurance start-ups for years, writes James Brewer. Greece snubs US plea to inspect ships in its waters GREECE yesterday made an unprecedented public rebuff over the way the US is prosecuting its 'war against terrorism'. Wood's oversubscribed IPO signals a shares bonanza INVESTORS bucked the dismal trend in initial public offerings launches yesterday by eagerly snapping up stock in international oilfield services outfit Wood Group.

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MAY 29, 2002
Fairplay marks Helmepa anniversary Cargill warns on Seaway costs Canadian marine forum plea US states "immune" from FMC UK coastguard holds spill exercise Ashcroft buys into Belize Port Call to end Canadian ship duty DnB and Storebrand agree to merge Uproar over port contract revision Strike threat to Spanish ports 'Ferry leadership beckons EU yards' Chittagong faces indefinite strike Bangladesh box project back on track Pakistan to sue for war risk losses Plate dredgers press govts on debt JNPT workers to strike next week Singapore and Turkey sign MoU Berlin committed to ro-ro expansion DANE flagship seized for debt ASP reshuffles its deck Russian oil export plans unclear

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MAY 29, 2002
High court sides with Charleston port In a decision with wide implications for the maritime industry, the United States Supreme Court has ruled 5-to-4 that the Federal Maritime Commission cannot act on a private party's complaint against the South Carolina State Ports Authority. Hamburg cargo, boxes gained in 2001 Container traffic jumped 11.8% and cargo was up 5.8% over the previous year. CF latest motor carrier to hike rates The third-largest U.S. trucking company said it is raising general freight rates and minimum shipping charges to offset the rising costs of insurance, wages and fuel. Trans-Pacific lines deny OTI bias US air cargo posts first monthly gain since '01 Int'l. air cargo down at US airports Union official named So. Cal. arbitrator Matson buys two box ships New transport concepts for Great Lakes urged Hapag Lloyd sees 1Q loss New Bangladesh port strike CF latest to hike rates Maritime insurer sees loss balloon Norwegian bank, insurance merger Cargolifter future in doubt after bank talks fail

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MAY 29, 2002
L’OTM a rédigé un nouveau contrat-type pour le transport L’association de chargeurs multimodaux belge OTM a rédigé un nouveau contrat de transport dont elle espère qu’il deviendra le contrat-type pour le secteur en Belgique. “Ce n’est toutefois pas un document qui est à prendre ou à laisser. Nous espérons que nous pourrons le peaufiner en collaboration avec la Febetra, la SAV et l’UPTR”, a déclaré Willem Buitenkamp, responsable logistique chez Sun Chemical, qui a présenté le nouveau contrat à l’occasion du forum de l’OTM à Zwijnaarde (Gand). Trois ports flamands présents en ordre dispersé à Lübeck Au fil des années, les expositions qui animent la grande manifestation bi-annuelle RoRo perdent de l’ampleur, mais il n’en reste pas moins vrai que le rassemblement de Lübeck, qui réunit quelque 150 exposants, répartis sur trois sites, se distingue par la qualité. Tous les secteurs impliqués directement ou indirectement dans cette discipline du transroulage sont présents, dont une quarantaine de ports. Parmi ces derniers figurent trois ports belges, mais de manière dispersée, à savoir Gand, Zeebrugge et Ostende. TNT Express ouvre un nouveau centre de tri à Milmort Pour faire face à l’augmentation de ses activités, TNT Express a récemment mis en service au zoning des Hauts-Sarts à Milmort un nouveau bâtiment - un investissement de 3,7 mio. d’EUR - pour le tri des envois des régions du Limbourg, de Liège et du Luxembourg. Bonyad Shipping Line étend sa gamme de services L’entreprise Bonyad Shipping Line Europe établie à Malte qui, depuis le début des annés 90, propose des services semi-containérisés réguliers depuis l’Europe vers le golfe Persique, va sensiblement étendre son offre. Dans une première phase, la fréquence au départ de la Méditerranée sera augmentée et de plus grands navires seront alignés sur ce service. Ensuite, l’entreprise s’attaquera au service depuis l’Europe du Nord.

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MAY 29, 2002
Danielson buys American Commercial Lines Danielson paid $25m in cash to reduce borrowings under ACL's outstanding senior notes. Kvaerner finds buyer for containerships Matson Navigation will buy two of four containerships under construction at Philly shipyard. EC may oppose Carnival-Princess deal The merger plan may pose competition problems in Germany and Britain. HDW stock sale hits snag A German regional court issues an injunction against the sale. Bureau Veritas increases turnover Difficult operating condition in 2001 failed to lower the classification society's turnover. VLCC business falls away Time-charter vultures move in for the kill as owners' newfound confidence evaporates. Stelmar secures higher rates Time charter rates for Rosemar and Goldmar are about 28% higher than previous panamax newbuildings. P&O Nedlloyd eyes up boxship berths Korean yard tipped to build new 3,800-teu series for Anglo-Dutch player. Greece snubs US over ship inspections Foreign Minister George Papandreou will not allow US checks in Greek waters. Fondshaus Hamburg reveals Maersk charter rate Handysize tanker purchase and lease deal could herald more for Ahrenkiel-owned investor. ICG upbeat as markets grow Irish ferry group's passenger and freight services blossoming again after last year's foot and mouth troubles. Ventspils Nafta mulls shipowning move Latvian crude terminal operator eyeing stake in state tanker owner Lasco. Babcock Borsig suffers after yard share sale Charges relating to restructuring hit German group after it sold 25% of Kiel shipbuilder HDW. PetroVietnam rethinks on aframax buys Vietnamese oil company may opt to ditch its secondhand candidates as yard prices appeal. Daewoo plans share buyback Shipbuilder plans to snap up some of its own stock in a bid to boost stock price.