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Shipping News

Asean leaders urged to take joint action against piracy
WARNING of dire economic consequences for the entire Asean region should a pirate attack on a VLCC or chemical tanker end in catastrophe, the Federation of Asean Shipowners' Associations has appealed directly to the 10 Asean heads of state for action.
Asian shipowners hit out at EU
ASIAN shipowners have slammed the European Union decision to push ahead with a ban on single-hull tankers, and backed an alternative submission by four countries, including Singapore, that proposes a more practical phase-out.
EU asks Latvia to ban single-hull tanker
THE European Commission said it will ask Latvia to ban single-hull oil tankers from its ports, in response to news that such a vessel will load a cargo of heavy fuel oil there and sail around the EU coast.
Precious Shipping's profit set to soar
PRECIOUS Shipping, the second-best performer on the Thai stock exchange this year, may report its highest quarterly profit since 1999 for the three months ending Dec 31, after freight rates surged to a record.
Freighter spills oil in NY port
A freighter spilled some 228,000 litres of heavy fuel oil in New York Harbour on Tuesday and some oil had reached the beach off Coney Island, the US Coast Guard said.
No Republican staying aboard
STAR Cruises' US subsidiary Norwegian Cruise Line has advised the Republican political party against chartering its 2,240-passenger Norwegian Dawn liner as a floating hotel and entertainment centre for its upcoming national convention in New York.

Air and Land Transport

Air China expects return to profit in 2003
AIR China, the country's biggest international carrier, said it will make a profit in 2003, recovering from its 2 billion yuan first-half loss as air travel resumed after Sars abated.
MAS faces rivalry on Dubai to New York route
Vietnam to repeal two-tier pricing
Indian airlines expect windfalls from renewed Pakistan air links
FAA proposes plan for quieter planes
Air Canada creditors group asks court to consider rival bid

Features

Boeing weighs risks of building Dreamliner
THE future of the Boeing Co, no matter its tumultuous present, rests in large part on the wings of its next-generation jet.

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Shipping News

Asean leaders urged to take joint action against piracy
WARNING of dire economic consequences for the entire Asean region should a pirate attack on a VLCC or chemical tanker end in catastrophe, the Federation of Asean Shipowners' Associations has appealed directly to the 10 Asean heads of state for action.
Asian shipowners hit out at EU
ASIAN shipowners have slammed the European Union decision to push ahead with a ban on single-hull tankers, and backed an alternative submission by four countries, including Singapore, that proposes a more practical phase-out.
EU asks Latvia to ban single-hull tanker
THE European Commission said it will ask Latvia to ban single-hull oil tankers from its ports, in response to news that such a vessel will load a cargo of heavy fuel oil there and sail around the EU coast.
Precious Shipping's profit set to soar
PRECIOUS Shipping, the second-best performer on the Thai stock exchange this year, may report its highest quarterly profit since 1999 for the three months ending Dec 31, after freight rates surged to a record.
Freighter spills oil in NY port
A freighter spilled some 228,000 litres of heavy fuel oil in New York Harbour on Tuesday and some oil had reached the beach off Coney Island, the US Coast Guard said.
No Republican staying aboard
STAR Cruises' US subsidiary Norwegian Cruise Line has advised the Republican political party against chartering its 2,240-passenger Norwegian Dawn liner as a floating hotel and entertainment centre for its upcoming national convention in New York.

Air and Land Transport

Air China expects return to profit in 2003
AIR China, the country's biggest international carrier, said it will make a profit in 2003, recovering from its 2 billion yuan first-half loss as air travel resumed after Sars abated.
MAS faces rivalry on Dubai to New York route
Vietnam to repeal two-tier pricing
Indian airlines expect windfalls from renewed Pakistan air links
FAA proposes plan for quieter planes
Air Canada creditors group asks court to consider rival bid

Features

Boeing weighs risks of building Dreamliner
THE future of the Boeing Co, no matter its tumultuous present, rests in large part on the wings of its next-generation jet.

web site

Shipping News

Asean leaders urged to take joint action against piracy
WARNING of dire economic consequences for the entire Asean region should a pirate attack on a VLCC or chemical tanker end in catastrophe, the Federation of Asean Shipowners' Associations has appealed directly to the 10 Asean heads of state for action.
Asian shipowners hit out at EU
ASIAN shipowners have slammed the European Union decision to push ahead with a ban on single-hull tankers, and backed an alternative submission by four countries, including Singapore, that proposes a more practical phase-out.
EU asks Latvia to ban single-hull tanker
THE European Commission said it will ask Latvia to ban single-hull oil tankers from its ports, in response to news that such a vessel will load a cargo of heavy fuel oil there and sail around the EU coast.
Precious Shipping's profit set to soar
PRECIOUS Shipping, the second-best performer on the Thai stock exchange this year, may report its highest quarterly profit since 1999 for the three months ending Dec 31, after freight rates surged to a record.
Freighter spills oil in NY port
A freighter spilled some 228,000 litres of heavy fuel oil in New York Harbour on Tuesday and some oil had reached the beach off Coney Island, the US Coast Guard said.
No Republican staying aboard
STAR Cruises' US subsidiary Norwegian Cruise Line has advised the Republican political party against chartering its 2,240-passenger Norwegian Dawn liner as a floating hotel and entertainment centre for its upcoming national convention in New York.

Air and Land Transport

Air China expects return to profit in 2003
AIR China, the country's biggest international carrier, said it will make a profit in 2003, recovering from its 2 billion yuan first-half loss as air travel resumed after Sars abated.
MAS faces rivalry on Dubai to New York route
Vietnam to repeal two-tier pricing
Indian airlines expect windfalls from renewed Pakistan air links
FAA proposes plan for quieter planes
Air Canada creditors group asks court to consider rival bid

Features

Boeing weighs risks of building Dreamliner
THE future of the Boeing Co, no matter its tumultuous present, rests in large part on the wings of its next-generation jet.

	web site

Shanghai throughput exceeds 10m TEU over first 11 months Baltrans reports higher turnover, reduced profits Cosco, PSA launch joint-venture terminal in Singapore GAC obtains NVOCC licence in China Rickmers-Linie takes delivery of eighth new vessel Canadian Pacific, IBM announce IT infrastructure agreement TNT to handle SEA Games drug test samples Boeing chief Phil Condit resigns NYNJ air cargo traffic up 3.2pc Alaska Airlines names Yerbic managing director of cargo

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Maersk Sealand inducting Magnum reefer boxes from next month Making EDI work in India-III Ports spend just 50 pc of annual outlay TAMP allows CCTPL to raise tariff by 17 pc Port Pipavav scales new height in cargo handling "Consolidators Association of India" formed BCHAA commences 5-day training programme on Customs, import-export regulations CONCOR, VCTPL sign MoU to maximise containerised traffic flow between ICDs & VCT Govt wants to speed up financial closure of SEZ projects 12 agri export zones may be denotified soon Export growth sustained at 8.44 pc in April-Oct. 2003 Fieo welcomes service tax exemption move

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DECEMBER 3, 2003
EU official protests use of old tanker for fuel oil cargo US: Barge involved in collision, diesel leak reported Big US crude draw counterbalanced by product build Today's data from the US Department of Energy are bearish on account of surprisingly big builds in stocks of gasoline and distillates, while crude stocks fell sharply. Crude and cold weather depressing Piraeus enquiries Italian indications on the rise Big price drops as Saudi posted prices resume after holiday Fuel testing agency links up with technical and claims expert Viswa Lab Corporation has announced that the company is to call upon the expert services of Chris Fisher. He will help Viswa Lab by giving technical presentations to its customers and provide valuable support if they become involved with disputes and claims. Rotterdam firm after strong crude close

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DECEMBER 3, 2003
New board member for Schenker Scandlines ups activities in its Finland trades FedEx chooses Kazakhstan for refueling Polski System Dystrybucji (PSD) serves the whole of Poland Gefco invests heavily in Germany Port of Oakland to build Import Cargo Distribution Center GLS IT Services go "on-line"

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DECEMBER 3, 2003
Russian tanker in EU controversy Tallink aquires Italian ro-pax Metrostar continues to buy tankers

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DECEMBER 3, 2003
NSRP advanced materials handling monitoring project goes ahead WEMACS contract finalized Sea & Land Security selected Euro MP's seek testimony from Prestige master Demand by new parliamentary committee Lockheed Martin and FBM Babcock ink accord To cooperate in marketing and pursuit of international maritime business Dual fuel engines for second LNG ship Another contract for Wartsila from Chantiers de l'Atlantique Lloyd's Register to class world's largest boxship 9,200 TEU series on order at Samsung

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DECEMBER 3, 2003
WTSA member carriers plan freight rate increases New Bellingham restaurant closes doors unexpectedly Port of Olympia reschedules East Bay planning meeting International Maritime Organization votes in new Secretary General "K" Line teaming up for new China venture

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Deadline day for industry on single hulls DECISION day has arrived at the International Maritime Organisation over new strictures on the world's tanker fleet, and it is understood that private meetings held this week have achieved minimal progress in developing post- Prestige proposals. UK shipping policy chief Wall is honoured THE UK's head of shipping policy, Frank Wall, has won the 2003 International Maritime Prize, the prestigious annual International Maritime Organisation award recognising the most significant contribution made to the UN agency's work and objectives by an individual or organisation, writes Hugh O'Mahony. Master of Prestige must stay in Spain APOSTOLOS Mangouras, master of the Prestige,will have to spend a second Christmas in Spain after the judge investigating the case rejected his latest appeal yesterday. Japanese owners revolt against ISPS role for Phoenix A TOP delegation from the Panama Maritime Authority is flying out to Japan next week in a bid to fend off a revolt by Japanese shipowners who have criticised the appointment of Phoenix Management Group Services to oversee the implementation of the International Ship and Port Facility Security Code. Janet wins award for 'outstanding journalism' LLOYD'S List chief correspondent Janet Porter has been named Journalist of the Year by the Seahorse Club. Nominate the best for a Lloyd's List Award NOMINATIONS are now open to all our readers for your choice to honour outstanding achievement in shipping over the past year in the prestigious Lloyd's List Awards 2004.

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DECEMBER 3, 2003
B&W sees future in prop invention A co-operation agreement signed today between MAN B&W and propeller designer Jens Kappel could lead to MAN B&W offering the novel Kappel design as its standard propeller option Have your say! HOW should the issue of piracy in the Malacca straits be tackled? Have your say! LA votes for box probe facility LOS Angeles' commissioners have voted to pay Washington Group International to conduct further studies of a 'Joint Agency Container Inspection Facility' Brazilian service chases exports THE first ship departed from Fortaleza this week in a new service connecting the north east Brazil and the Cape Verde Islands, off West Africa Tasman Spirit hostages in despair A judge in Pakistan has ordered Karachi Port Trust to bring charges against the despairing Tasman Spirit crew by Friday Second Canadian register proposed A group based in Vancouver has proposed setting up a second register in Canada that would be open to shipowners who do not trade within Canada or with the US France drops pollution bill MOL predicts box growth to 2006 Vietnam trade expanding rapidly French to compete on S Africa route Senegal pays out on Le Joola Greeks launch policy review Asian owners admit terrorist fears Malacca pirates kill tug crewman

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DECEMBER 3, 2003
Malaysia readies EDI, backs CSI Ports set up paperless customs transactions, move closer to adopting U.S. container safeguards. U.S. free-trade plan paying off: USTR Zoellick defends administration's trade policies, urges smaller countries to upgrade international logistics capabilities. KLM cargo flat in November Europe's fourth-largest airline said a rally in Far East shipments balanced a plunge in North Atlantic volumes. The Journal of Commerce names Beadle as Washington reporter Koch hits WCO's box security efforts TPG CEO: No 4Q express gains Northwest: More Web air-cargo bookings CSX World Terminals names Venezuela GM IBM to manage CP Rail's systems UTi acquires S. Africa pharma logistics Norasia to call at Mundra Carriers, shippers square off at EU hearings EU, U.S. to sign box security pact: Official

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DECEMBER 3, 2003
Five consortia bid for JNPT's Terminal 3 Five of the original eight consortia have tabled bids to build and operate Jawaharlal Nehru Port's US$200 million third container terminal. Chennai box terminal hikes tariff by 17% Seawheel rolls two ro/ro services into lo/lo Fixed timetable for SBB Cargo transit trains Coming capacity on Asia trades worries analysts 2003 charter market continues to break traditions All-mode coalition seeks overhaul of Canadian transport policies POLB claims comeback from Maersk defection Escalating piracy giving ASEAN waters 'unfavourable reputation'

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DECEMBER 3, 2003
Veitch sinks GOP boat plan NCL says proposal to house Republican Party convention not "viable". Boost for Alaska LNG bid Senators push to make $18bn loan guarantee available for tanker-backed gas project. Court orders NCL to cough up Cruise line must pay cost of plaintiff's inspection of blast ship in Germany. Row over Staten Island ferry liability Lawyers claim city relying on "outdated" maritime laws to reduce exposure. Tsakos linked to more AP Moller VLCCs Two of Danish owner's mid-1990s tankers reportedly interesting Greek buyers. Euronav talks VLCCs to Chinese yards Bocimar's Benoit Timmermans says China newbuildings are better quality. Indian Oil targets Sri Lanka bunker market State-run refiner plans to turn Trincomalee port into refuelling hub. PSA Corp eyes Yangshan investment Singapore port operator wants a slice of big Chinese terminal project. Stolt Offshore raises cash with ROV sale Debt-saddled owner offloads its remotely operated vehicle drill support arm. Cargoship spills oil in New York Harbor Line breaks between barge and SMT-controlled Cypriot-flagged bulker. Sumitomo accelerates cost-saving drive Japanese yard takes advice from car giant Toyota on efficient production methods. VLGC supply gap looms New report by Braemar Seacope tracks future demand for large gas carriers. Killer mosquitoes intercepted in Darwin Cargoship to be fumigated after Asian tiger larvae found in tyre shipment. MOL orders VLCC trio Japanese owner moves to accelerate single hull phase-out. Coscon to launch new European service Chinese container line will use eight ships for new route from China via Singapore. China's yards power on up Marintec speakers give Chinese builders tips for improvement.

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DECEMBER 3, 2003
Eighth new multipurpose ship for Rickmers MOL ups its supertanker orders to nine MarAd appoints firm for work on RRF security code compliance Proposed FMC carrier and terminal agreement filing changes released NCB issues reminder about IMDG Code compliance Appeals court says U.S. Coast Guard can order evacuations Decline in U.S. international air freight traffic accelerates Dispatchers union ratifies Astar deal Alaska Airlines names cargo director Two U.S. inland waterway groups unite Canadian Pacific outsources IT to IBM GAC obtains NVOCC licence in China EC's Bolkestein endorses 24-hour rule, U.S. Customs agreement ChemLogix, Industrial Evolution cooperate on inventory management system UTi acquires South African pharmaceutical logistics firm WTO upholds ruling that Japan restricts U.S. apple imports Aviarc obtains funding from Sealaska CORRECTION: APM Terminals bid for Fos terminal Stevens Shipping to operate under MTC brand GAC expands to South Korea through alliance