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Shipping News

Star to re-deploy 2 ships to Australia next week
STAR Cruises said yesterday it is moving two of its biggest cruise ships - taken out from its Asian hub ports at Singapore and Hong Kong - to Australia after fears of the deadly respiratory virus devastated bookings.
US bans Iraqi ships from its shores
THE US Coast Guard on Monday barred all Iraqi-owned ships from its waters, also banning any merchant vessel employing senior Iraqi crew regardless of whether the craft was Iraqi-controlled.
Port Botany seeks nod for expansion project
SYDNEY Ports Corporation's Port Botany expansion project is seeking the green light, after releasing a plan for public viewing that involves protecting wetland and beach areas.
World-Wide sets up Shanghai office
WORLD-Wide Shipping Group Ltd has established its first mainland office in Shanghai as part of its strategy to expand its business in China.

Air and Land Transport

Hong Kong's Sars-hit airport cloaked by deafening silence
HONG Kong's airport, a gleaming architectural wonder that stands as a towering symbol to the good times, has the deathly hush of a hospital during the graveyard shift.
China airlines to have more say on ticket prices
China Aviation forecasts big fall in first-half earnings
Star Alliance keen on US Airways as a partner
India ponders state airline privatisation
LOG Book

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Shipping News

Star to re-deploy 2 ships to Australia next week
STAR Cruises said yesterday it is moving two of its biggest cruise ships - taken out from its Asian hub ports at Singapore and Hong Kong - to Australia after fears of the deadly respiratory virus devastated bookings.
US bans Iraqi ships from its shores
THE US Coast Guard on Monday barred all Iraqi-owned ships from its waters, also banning any merchant vessel employing senior Iraqi crew regardless of whether the craft was Iraqi-controlled.
Port Botany seeks nod for expansion project
SYDNEY Ports Corporation's Port Botany expansion project is seeking the green light, after releasing a plan for public viewing that involves protecting wetland and beach areas.
World-Wide sets up Shanghai office
WORLD-Wide Shipping Group Ltd has established its first mainland office in Shanghai as part of its strategy to expand its business in China.

Air and Land Transport

Hong Kong's Sars-hit airport cloaked by deafening silence
HONG Kong's airport, a gleaming architectural wonder that stands as a towering symbol to the good times, has the deathly hush of a hospital during the graveyard shift.
China airlines to have more say on ticket prices
China Aviation forecasts big fall in first-half earnings
Star Alliance keen on US Airways as a partner
India ponders state airline privatisation
LOG Book

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TACA to increase BAF in May Simon Group to focus on ports and logistics, says new chairman Sinotrans posts net profit of US$69m for 2002 Colombo port announces measures to guard against Sars Charter Shipping Agencies moves office in Singapore Panalpina to use Freightgate program for contract management Cathay Pacific throughput rises 1.8pc in March year-on-year Lufthansa Cargo to lift war risk surcharge China Southern makes schedule changes Cargolux chooses Descartes to manage global communications

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Cruise ship hits rock near Port Blair: All safe CCD allows foreign companies to acquire 51 pc stake in SCI GE Shipping acquires Panamax tanker World's 3rd largest ship to visit Indian E. Coast this month MSC named 'Shipping Line of the Year' for 2002 by Lloyd's of London DEPB scheme products list expanded to include gherkins, fruits & vegetables 20 pc rise in handicraft exports in 2002-03 Govt may widen activities of ECGC, Exim Bank Number of IT exporters rises 'One 20 ft container per trailer' controversy at NSICT rages on How Mumbai harbour meets its water needs Port Pipavav sets new single day cargo handling record CCTPL poised to overtake 2006 target of 5 lakh TEUs in 2004 itself! Govt proposes to spend Rs 800 crore for modernisation of small & medium airports India, Iran may soon be linked by rail Truckers' strike enters 4th day CCEA removes quantitative restriction on onion exports; canalisation to continue Diesel, petrol cheaper Dumping duty on ammonium nitrate from Russia, Iran Need for technology base to achieve higher growth stressed Foreign Trade Analysis: Current Policy & Procedures IMC Ladies' Wing AGM on April 19 Ajay P. Singha appointed Dy DG of IGCC Mukhtarul Amin elected CLE, Chennai, vice-chaiman

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APRIL 16, 2003
California bunker market snapshot Steady Vancouver market enjoys strong demand IEA warns OPEC on cuts as consumer inventories stay low African market report from GAC Novorossiysk: Operations resume as weather improves Refinery strife still overshadows Piraeus' IFOs Korean numbers still floating down as holidays loom Saudi posted prices and market update Brazil market update Prices creep higher in quiet Rotterdam market

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PolyVision and Ryder System Inc. renew multi-year contract BA restores Middle East flights Lufthansa Cargo annuls war risk sucharge Increased security measures in Port of Vancouver Hans Winther to quit Railion Denmark

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APRIL 16, 2003
Rasmussen issues ultimatum over Torm shares Fatigue failure blamed for loss of "Prestige" Swedish flag for "Nordanhav"

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APRIL 16, 2003
FBM Babcock delivers to USMC--in a hurry When the U.S. Marine Corps urgently needed five Bridge Erection Boats shipped to the Mid East, FBM Babcock responded Incat names buyer of hull 058 It'sTrasmediterr'nea S.A., one of Spain's leading ferry operators. RT-flex engines break into post-Panamax sector The first Sulzer RT-flex common-rail engines to power large container liners have been ordered. Torch gives update on Midnight Express conversion Contract only awaits finalizing of financing P&O Princess and Carnival Combination set to close P&O Princess shareholders approve DLC deal

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APRIL 16, 2003
Greenbrier taking new orders at record-setting pace MCoast Guard slates MERPAC meeting for April 30/May 1 in Seattle Port of Seattle's Bell Harbor Marina schedules yacht rendezvous for June IMO receives MARPOL proposal from European Union members Norwegian Cruise Line will return famous luxury liner to US waters

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Huge P&O 'yes' vote seals historic Carnival merger CARNIVAL will today complete an historic merger with P&O Princess following an overwhelming vote in favour of the deal by the UK cruise company's shareholders. IEA chief warns Opec against output cuts INTERNATIONAL Energy Agency executives have warned oil producers not to radically cut output levels this quarter as oil prices remain too high for companies to rebuild inventories. Mastermind of Achille Lauro hijack seized in Baghdad PALESTINE Liberation Front chief Abu Abbas - the mastermind behind the 1985 hijack of cruiseship Achille Lauro - has been captured by US special forces in Baghdad, writes David Osler.

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APRIL 16, 2003
Make your influential vote count! Debt mountain threatens TMM US targets environmental crime Zim responds to US fine New preference for Brazil shipyards New cruise line hit by travel fears IRISL chief slams domestic ports Consumer group raises ferry fears Simatech invests to expand Iran pre-qualifies B Abbas bidders P&O Princess take-over approved Jordan's truckers await green light French plead for shipyard support Car carrier major urges tonnage tax China plans mega shipyard Achille Lauro hijacker held Japan's oil imports to soar Star confirms redeployment

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APRIL 16, 2003
Record quarter for S. Korea yards The world's leading shipbuilder posted record first-quarter orders of just over 4 million compensated gross tons. UAL's Gibson: No freighters right now But top cargo exec says airline will eventually deploy all-cargo aircraft. New Orleans hit by trucker protest A protest by independent truckers over pay has slowed port cargo movement by nearly 40 percent. Terror alert lowered to yellow Northwest posts $396 million loss Cargolux profits jump in 2002 At 100, D.F. Young changing with the times Adelaide added to U.S.-Oceania service UPS drivers get new DIAD Lufthansa Cargo names U.S. sales chief Approval for Texas City box hub Mach 1 opens Chicago terminal Kitty Hawk names Stone to engineering

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APRIL 16, 2003
Design complications push EuroMax start date back two more years P&O Nedlloyd's (PONL) joint venture EuroMax terminal in Rotterdam is facing further delays due to debates around its design, according to PONL today. Hapag to order more ships, as bullish lines are set to reap rich rewards Shipping lines are expecting to see substantial increases in their returns this year and next, with one liner executive suggesting that 2004 will be 'the best year ever'. HK exports in doubt, trade fair nightmare becomes a reality Zim abandoned by Australia/China allies India chooses to begin afresh on SCI divestment German engineer proposes Paris Shanghai rail link 'Spectacular' charter market gains set to continue Boxes pile up as Indian truck strike begins to bite Case of SARS confirmed in US port New pier for Tecon Rio Grande, as regional rivalry intensifies

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APRIL 16, 2003
Sanctions officials nab Stolt-Nielsen US owner is latest to be fined, after business dealings with Sudan. Todd pays out Yard announces first dividend in a decade plus $13m upgrade program. Stelmar enjoys the good times Tanker owner resists temptation to play buoyant spot market. Ensco exits shipping with a whimper US company posts loss from supply ships in last quarter before their sale to Tidewater. KOTC lines up $400m fleet renewal Kuwait owner lines up LPG and product carriers for sell off. Princess chooses Carnival in landslide New cruiseship giant created by 99.7% vote in favour of dual-listing structure. Mulheim salvors change tack Stranded shredded plastics cargo to be shifted using conveyor belt system. V Ships sign for Hext Ship manager takes failed e-commerce boss to head services division. SCI poised to order Cochin aframax Indian owner also starting talks on capesize duo. K Line pays tax penalty Investigation into Japanese owner's accounts leads to JPY 1bn payment to authorities. TACA lines cut bunker surcharge Group of seven transatlantic container giants has good news for shippers. Achille Lauro mastermind nabbed Abu Abbas, the man behind the hijacking of the Italian liner, has been seized in Baghdad. Incat names mystery cat buyer Spain's Trasmediterranea is behind the purchase of catamaran fast ferry newbuilding hull 058. Foreign owners back in hunt for SCI India invites fresh bids for Shipping Corp of India, as limit on overseas ownership scrapped. Ukrrichflot to pocket EBRD cash Ukrainian owner to use European funds to finance dry cargo newbuildings. Knightsbridge on the up again Dividend doubles on improved tanker market performance. SARS-hit Star ships Australia bound Malaysian cruise line shifts SuperStar Leo and the SuperStar Virgo out of Asia. Iran's Siri terminal resumes operations NITC's VLCC Iran Nabi loads first cargo of crude from terminal closed since 1988 by Iran-Iraq war. SembCorp completes MODEC FPSO Singapore marine group prepares to handover latest tanker conversion project to Japanese firm. ICTSI battles against SARS Philippine terminal manager initiates procedures it hopes will stop spread of killer virus.

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APRIL 16, 2003
U.S./Australia VSA to add direct calls at Adelaide OOCL, China Shipping in joint China/East Asia/Australia link Marad advisory council meeting set for May 12-13 European carriers add capacity to Rotterdam/British Isles trade Continental, Northwest report first-quarter losses FMC recieves applications from ocean transportation intermediaries Sinotrans reports 27% higher profit as cargo soars Hong Kong official said cargo handling doesn't spread SARS Menlo appoints Goldberg senior manager, trade relations Security agencies stand down from code orange U.S., Bahrain conduct trade talks Foreign assets control office cites violators of sanctions Emergency spending bill aids customs, Coast Guard operations Hutchison requests approval for development of terminal in Harwich