BRIEFS

web site

Shipping News

EU tanker proposals put IMO's reputation on the line
THE reputation and influence of the International Maritime Organisation is at stake despite success in pressing the European Union to submit its single-hulled tanker proposals for multilateral debate, according to a global shipping association.
PSA's HNN posts 13% rise in Q1 box traffic
PSA Corporation's key European interests in the Port of Antwerp enjoyed a 13 per cent rise in container traffic in the first quarter of 2003, boosted markedly by Mediterranean Shipping Corp's shift from the UK port of Felixstowe.
Dubai bans shore leave for crew from Sars-hit ports
DUBAI has become the latest port to block shore leave for seafarers arriving from Singapore and other ports affected by the potentially deadly Severe Acute Respiratory Syndrome.
Petronas seeks lower port charges for its LNG tankers
THE Bintulu Port administration said it was prepared to consider reviewing its port charges provided it creates a win-win situation for concerned parties.
Number of Taiwanese visiting Xiamen by sea soars
A record number of Taiwanese travelled by sea between a Taiwan-controlled island and the Chinese mainland during the first quarter of this year, local officials said yesterday.

Air and Land Transport

American Air chairman apologises to angry staff
THE head of American Airlines made a big mistake by not properly informing the carrier's workers of executive compensation plans, he told a hastily called news conference on Monday as unions threatened to vote again on already-ratified concession pacts aimed at staving off imminent bankruptcy.
No danger of Sars from cabin air: airline body
Sydney Airport's passenger traffic in April down 14%
Swiss Air seen cutting more capacity and costs to survive
Southwest's profit up 14% in Q1
LOG Book

Strait Talk

Can Stelios take on big boys with low-cost easyCruise?
THESE are hardly happy times for the cruise industry right now.

web site

Shipping News

EU tanker proposals put IMO's reputation on the line
THE reputation and influence of the International Maritime Organisation is at stake despite success in pressing the European Union to submit its single-hulled tanker proposals for multilateral debate, according to a global shipping association.
PSA's HNN posts 13% rise in Q1 box traffic
PSA Corporation's key European interests in the Port of Antwerp enjoyed a 13 per cent rise in container traffic in the first quarter of 2003, boosted markedly by Mediterranean Shipping Corp's shift from the UK port of Felixstowe.
Dubai bans shore leave for crew from Sars-hit ports
DUBAI has become the latest port to block shore leave for seafarers arriving from Singapore and other ports affected by the potentially deadly Severe Acute Respiratory Syndrome.
Petronas seeks lower port charges for its LNG tankers
THE Bintulu Port administration said it was prepared to consider reviewing its port charges provided it creates a win-win situation for concerned parties.
Number of Taiwanese visiting Xiamen by sea soars
A record number of Taiwanese travelled by sea between a Taiwan-controlled island and the Chinese mainland during the first quarter of this year, local officials said yesterday.

Air and Land Transport

American Air chairman apologises to angry staff
THE head of American Airlines made a big mistake by not properly informing the carrier's workers of executive compensation plans, he told a hastily called news conference on Monday as unions threatened to vote again on already-ratified concession pacts aimed at staving off imminent bankruptcy.
No danger of Sars from cabin air: airline body
Sydney Airport's passenger traffic in April down 14%
Swiss Air seen cutting more capacity and costs to survive
Southwest's profit up 14% in Q1
LOG Book

Strait Talk

Can Stelios take on big boys with low-cost easyCruise?
THESE are hardly happy times for the cruise industry right now.

web site

Shipping News

EU tanker proposals put IMO's reputation on the line
THE reputation and influence of the International Maritime Organisation is at stake despite success in pressing the European Union to submit its single-hulled tanker proposals for multilateral debate, according to a global shipping association.
PSA's HNN posts 13% rise in Q1 box traffic
PSA Corporation's key European interests in the Port of Antwerp enjoyed a 13 per cent rise in container traffic in the first quarter of 2003, boosted markedly by Mediterranean Shipping Corp's shift from the UK port of Felixstowe.
Dubai bans shore leave for crew from Sars-hit ports
DUBAI has become the latest port to block shore leave for seafarers arriving from Singapore and other ports affected by the potentially deadly Severe Acute Respiratory Syndrome.
Petronas seeks lower port charges for its LNG tankers
THE Bintulu Port administration said it was prepared to consider reviewing its port charges provided it creates a win-win situation for concerned parties.
Number of Taiwanese visiting Xiamen by sea soars
A record number of Taiwanese travelled by sea between a Taiwan-controlled island and the Chinese mainland during the first quarter of this year, local officials said yesterday.

Air and Land Transport

American Air chairman apologises to angry staff
THE head of American Airlines made a big mistake by not properly informing the carrier's workers of executive compensation plans, he told a hastily called news conference on Monday as unions threatened to vote again on already-ratified concession pacts aimed at staving off imminent bankruptcy.
No danger of Sars from cabin air: airline body
Sydney Airport's passenger traffic in April down 14%
Swiss Air seen cutting more capacity and costs to survive
Southwest's profit up 14% in Q1
LOG Book

Strait Talk

Can Stelios take on big boys with low-cost easyCruise?
THESE are hardly happy times for the cruise industry right now.

	web site

CMA CGM net income grows 68 per cent in 2002 Hutchison Port Holdings to introduce SST to China ports P&O Nedlloyd awaits delivery of 5,000 reefer machines Singapore total trade rises 12.2 per cent in March y-o-y ICCDA lines increase rates on US/Australia, NZ trade APLL saves Daniel Ryan appointment for last China Southern expands cargo service between China, Europe LanChile Cargo announces reduction in fuel surcharge Continental Airlines reports first quarter loss of US$221m

	web site

Commerce Ministry wants SEZs to cover larger area MoF rules out deemed credit facility for powerlooms No major impact of Iraq war on exports: Jaitley Deadline for knitwear export quota under FCFS category extended till April 25 AEPC chief wants enhanced drawback rates, easy norms for export units Commerce Ministry likely to fix export target for 2003-04 next month Andhra records 17 pc rise in exports Exim Bank seeks to augment equity base Maruba s.c.a. offers enhanced services to LatAm ex-Mumbai/JN Port - W. W. Shipping to provide strong Indian base Uganda offers vast market for agricultural machinery WTO includes tariff reduction formula proposed by India 75 pc of Paradip Port cargo handled by OSL KPT takes steps to avert SARS entry New Mangalore Port ready with plan too MbPT box terminal plan draws global majors Truckers' strike forces ships to leave with little export cargo - Inbound cargo piles up at ports Strike fizzling out? USFDA bid to make food import norms more effective Cairo to host mini-Ministerial meeting in June - Run-up to WTO Ministerial meet in Sept. Ashok Shah to take over as SGCCI President

	web site
APRIL 22, 2003
Panama market expected to rise after beating US Gulf on price FSU oil exports sharply higher last month Bulls return with a vengeance as OPEC meeting looms Gulf restrictions and bullish crude spell trouble in Fujairah Hong Kong's avails kept healthy as demand stays low Montevideo and Alpha Zone market update Norway leads the way on places of refuge Daily Bunker market report from Praxis Energy Agents (Monday) New addition to Glander International Rotterdam opens firm after Easter weekend

	web site
APRIL 22, 2003
Rhenus creates a new healthcare logistics operation Bombardier Transportation provides wagons for Hupac Intermodal Traffic resumes at Pulkovo Airport in Russia Port expansion in Vancouver New structure for Alitalia's Cargo & Logistics Division

	web site
APRIL 22, 2003
Turbulent tanker phase-out good news for Scandinavian shipowners Transport ministers goes to sea New shortsea box

	web site
APRIL 22, 2003
"Awesome" performance by Amy Incat Sustained 48.7 knots off Qatar coast

	web site

Russian supermajor born as Yukos and Sibneft merge IN A transaction estimated to be worth just over $11bn, two Russian oil majors, Yukos and Sibneft, announced yesterday that they have agreed to merge their interests, with Yukos acquiring management control of the combined company, and Sibneft holding a blocking stake of 25%. Star Cruises pushes ahead with $326m NCL loan despite effect on business of Sars virus STAR Cruises is proceeding with a E 298m ($326m) loan to buy a ship for NCL despite the impact the severe acute respiratory syndrome virus has had on its Asian business. International auction set for Chile port operations CHILE will in the second half of 2003 hold an international auction for operations of its northern port of Arica, President Ricardo Lagos said during a visit to the port, Reuters reports. US Customs data brake baffles German ports US Customs has slowed down its efforts to receive data on export containers from German ports in a move that has puzzled database operators. Carnival shares ahead after London trading debut SHARES in Carnival, the world's largest cruise group, closed ahead on their first trading day on the London Stock Exchange.

	web site
APRIL 22, 2003
Indian truck strike peters out Chile responds to Andean port tussle Brazil proposes emergency dredging Al Najat victims sit it out Oil shipments threaten gulf Teco sells out Philippines seeks extradition Ice hampers Finnish icebreakers Power lines halt Seaway traffic Duchess re-opens UK-Germany link Outstanding figures from CMA CGM Abidjan feels the pinch US ship scrapping decision nears UN raps US over scrapping fraud Panama Canal tests two-way transits Gulf: Iraq ferry service resumes Rate hike on India-US sector HMM denies fresh pay-off charges Cruise deaths not due to SARS Cruises cancelled after ship arrest Australia seizes 'drug' ship Crew held after stowaways drown

	web site
APRIL 22, 2003
Foreign business boosts UPS profits Strong revenue growth and record-setting operating profits in its international and non-package businesses helped United Parcel Service offset domestic weakness in the first quarter. CNF net falls in first quarter Logistics services take bigger-than-expected hit from weak economy. Lufthansa cuts fuel surcharge again Three European ports join SST Burlington Northern Santa Fe benefits from accounting change Volga-Dnepr to acquire 10 freighters Yellow Corp. profits get lift Paccar earnings double Dana Corp. selects Kuehne & Nagel for air forwarding Arkansas Best narrows loss

	web site
APRIL 22, 2003
Fresh allegations in multi-million dollar HMM scandal Hyundai Merchant Marine (HMM) has told ci-online that fresh allegations of yet another illegal multi-million dollar transaction are groundless. Importers dismayed as AADA pump up rates further The fourteen-member Asia/Australia Discussion Agreement (AADA) is forging ahead with major rate rises in the southbound trade from East Asia, and adding peak season surcharges. MSC's Felixstowe cargo boosts Antwerp's Q1 volumes Austrian JV opens way for Atlantic-Black Sea river link Southern California ports rally after Chinese New Year Concor deploys reefer boxes on some routes Tranz Rail troubles deepen Houston gains first of two new terminal permits Manaus revamp forces costs down by 86% Safmarine opens branch office in Sofia Phone downtime for ECT Delta and Maasvlakte

	web site
APRIL 22, 2003
Ta Tong nabbed for dumping Taiwanese operator faces large fine after Washington State cracks down on polluters. Panama AIS deadline looms Lloyd's Register warns of early start date at Canal. Bangladesh loses 130 in ferry accidents Shipping ministry bans night-time voyages in storm season. TMM in new cash dash Mexican group sells off more assets to avert financial crisis. Euronav boosts CMB Tanker heaven replenishes first quarter profits for flagging Belgian owner. Appeal court upholds collision ruling American Eagle aframax confirmed as 67% responsible for damage to drydock. SSY Shanghai squad shift to Arrow Two capesize brokers shift to opposing camp as Shanghai gears up as broking hub. DFDS sells second ro-ro to Goliat Danish owner seals another sale and charter-back deal with Norwegian company. Arica up for grabs Chilean port to be auctioned off by state in second half of 2003. GSI's profits saved by relocation deal Chinese yard pockets big compensation cheque after early return of land to the government. Baltic formally ditches e-platform Exchange in retreat as it moves to recoup cash. Nepline shareholding questioned Malaysian owner's chairman and CEO Nik Mohd Zain put under the spotlight. Ward cashes in on Clarkson rally Finance director pockets $860,000 on share sale as stock hovers at 52 week high. "Heroin ship" Pongsu could be sold off Customs may auction North Korean cargoship at centre of Australian drugs-smuggling trial. P&O Princess sails into sunset Share price recovers after Carnival plc gets off to shaky London launch. Japan surges to record-breaking year Dry bulk ordering frenzy fuels biggest annual newbuilding order intake in more than a decade. Phil-Nippon wins ferry loan Development Bank of the Philippines finds cash for ro-ro to be used in state infrastructure project. Kiwi port faces charges over Tai Ping Maritime Safety Authority to prosecute South Port over grounding incident at Bluff Harbour. Yang Ming cruises into the black Taiwanese liner company sees further profit improvement ahead this year. Tranz Rail charters ro-ro New Zealand transportation group to cut leasing costs by hiring vintage ferry for Cook Strait service.

	web site
APRIL 22, 2003
Grand Alliance drops Kobe, adds Ningbo to Asia/Med service Maersk Sealand switches U.K. call on Europe/South America link Dana Corp. picks Kuehne & Nagel as primary air cargo forwarder Emirates partners with U.S. freight forwarder Lufthansa lowers fuel surcharge again International, non-package drives UPS first-quarter income jump ABF Freight System doubles operating income CNF reports first-quarter profit Chan is appointed Deputy President of Sembcorp Logistics European terminal operators join secure port initiative