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Shipping News

Malacca Straits users offer to help M'sia fight piracy
AUSTRALIA and other users of the Malacca Straits are prepared to look at assisting Malaysia combat piracy in the busy straits.
NYK sets up 3 environmental protection coordination centres
JAPAN's Nippon Yusen Kaisha Line has set up satellite environmental protection coordination centres in Singapore, New York and London following its recent widespread implementation of ISO 14001 environmental management system certifications.
Denmark orders new probe into 1990 ferry tragedy
THE Danish government has ordered an investigation into the true owners of a ferry in which 158 people died after fire broke out on board while it was sailing between Norway and Denmark in 1990, media reports said.
Royal Caribbean's Q2 profit falls less than expected
ROYAL Caribbean Cruises, the No 2 cruise-line operator, said second-quarter profit fell 16 per cent, less than expected, because it cut prices to sell trips.

Air and Land Transport

British Air CEO gets involved in strike talks
BRITISH Airways chief executive Rod Eddington, who got himself personally involved in negotiations with trade unions in an attempt to end a costly labour dispute, said yesterday he has met with some 'constructive' response so far.
Heathrow dispute likely to hurt BAA
Air China completes merger with 2 carriers
CAL may buy Rolls-Royce engines: report
Air India to post loss this year
LOG Book

Strait Talk

Indonesia needs to act against piracy attacks
THE latest piracy figures issued by the ICC International Maritime Bureau make grim, if unsurprising, reading.

web site

Shipping News

Malacca Straits users offer to help M'sia fight piracy
AUSTRALIA and other users of the Malacca Straits are prepared to look at assisting Malaysia combat piracy in the busy straits.
NYK sets up 3 environmental protection coordination centres
JAPAN's Nippon Yusen Kaisha Line has set up satellite environmental protection coordination centres in Singapore, New York and London following its recent widespread implementation of ISO 14001 environmental management system certifications.
Denmark orders new probe into 1990 ferry tragedy
THE Danish government has ordered an investigation into the true owners of a ferry in which 158 people died after fire broke out on board while it was sailing between Norway and Denmark in 1990, media reports said.
Royal Caribbean's Q2 profit falls less than expected
ROYAL Caribbean Cruises, the No 2 cruise-line operator, said second-quarter profit fell 16 per cent, less than expected, because it cut prices to sell trips.

Air and Land Transport

British Air CEO gets involved in strike talks
BRITISH Airways chief executive Rod Eddington, who got himself personally involved in negotiations with trade unions in an attempt to end a costly labour dispute, said yesterday he has met with some 'constructive' response so far.
Heathrow dispute likely to hurt BAA
Air China completes merger with 2 carriers
CAL may buy Rolls-Royce engines: report
Air India to post loss this year
LOG Book

Strait Talk

Indonesia needs to act against piracy attacks
THE latest piracy figures issued by the ICC International Maritime Bureau make grim, if unsurprising, reading.

web site

Shipping News

Malacca Straits users offer to help M'sia fight piracy
AUSTRALIA and other users of the Malacca Straits are prepared to look at assisting Malaysia combat piracy in the busy straits.
NYK sets up 3 environmental protection coordination centres
JAPAN's Nippon Yusen Kaisha Line has set up satellite environmental protection coordination centres in Singapore, New York and London following its recent widespread implementation of ISO 14001 environmental management system certifications.
Denmark orders new probe into 1990 ferry tragedy
THE Danish government has ordered an investigation into the true owners of a ferry in which 158 people died after fire broke out on board while it was sailing between Norway and Denmark in 1990, media reports said.
Royal Caribbean's Q2 profit falls less than expected
ROYAL Caribbean Cruises, the No 2 cruise-line operator, said second-quarter profit fell 16 per cent, less than expected, because it cut prices to sell trips.

Air and Land Transport

British Air CEO gets involved in strike talks
BRITISH Airways chief executive Rod Eddington, who got himself personally involved in negotiations with trade unions in an attempt to end a costly labour dispute, said yesterday he has met with some 'constructive' response so far.
Heathrow dispute likely to hurt BAA
Air China completes merger with 2 carriers
CAL may buy Rolls-Royce engines: report
Air India to post loss this year
LOG Book

Strait Talk

Indonesia needs to act against piracy attacks
THE latest piracy figures issued by the ICC International Maritime Bureau make grim, if unsurprising, reading.

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Feeder Association appoints new committee 'New Good Hope Express Service' breathes life again Rotterdam sees best half year ever Singapore backed by U-Freight as logistics hub Asia Pacific the jewel in Exel's crown Cathay adds flights to reach 90pc of schedule BAA sees hope despite lower Q1 profit Martinair to open new Bangkok office China Southern begins flying to roof of world

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JULY 29, 2003
Panama steady to firm, demand flat Montreal: Demand picks up, trucks busy Unity broken after resignations from Turkish Bunker Association Employees of two Turkish bunker companies have resigned from Turkish Bunker Association, thus putting a serious strain on the unity and cohesion of the Turkish association, which was formed in June 2001 to promote the country's bunker industry with one combined voice. Bearish Fujairah feelings curtail buyers' activity Gasoil cargo to arrive in soft Suez soon Over and out for IFO supply at Adelaide ExxonMobil Marine Fuels has confirmed that the company has ceased the storage and supply of fuel oil for bunker supply in Adelaide with effect from July 21, 2003. The company will however continue to offer supply of marine distillates by truck to vessels in the port. Istanbul quiet as buyers watch market Stable numbers and no problems in a confident and happy Piraeus Rotterdam steady to soft in line with crude

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JULY 29, 2003
New managing director of Schiphol International EU customs clearance should be simplified Lufthansa Cargo flies 140 Harley Davidsons to birthday party New rail link Harare-Beira Incotec modernises the largest storage complex in St. Petersburg

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JULY 29, 2003
Klaveness buys cement carriers, re-flags to Sweden Riga Sea Line in the market for another ferry Cruise passengers evacuated after grounding in Arctic

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JULY 29, 2003
PGS files for Chapter 11 Seismic vessel and FPSO operator Petroleum Geo-Services ASA says it has voluntarily filed a petition for protection under Chapter 11 of the United States Bankruptcy Code Jones Act under legislative attack Maritime Cabotage Task Force opposes measure introduced by Hawaii congressman

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BP tightens control of tanker fleet BP, the world's third largest oil major, yesterday said half of its shipping activity will be under "close control" within two years as it loosens reliance on the daily spot market in a bid to tighten up oil transportation safety. Accounting scandal at Sembcorp Indian arm SINGAPORE'S SembCorp Logistics has been rocked by a S$18.5m (US$10.7m) accounting scandal at its India subsidiary resulting in profits for 2002 being slashed by 25%, writes Marcus Hand in Singapore. Golar LNG nets $60m from oversubscribed share issue Golar LNG has raised almost $60m through a heavily over-subscribed share issue which could help finance two fresh newbuilding orders worth more than $300m, writes Tony Gray . World-Wide pays upfront for Napa oil cargo transfer WORLD-wide Shipping is paying upfront for the transfer of cargo from the very large crude carrier Napa off Mozambique with a crack in its hull. Heard the one about the Iraqi master fined for bomb joke? THE search for weapons of mass destruction took a new twist yesterday, when an Iraqi master admitted telling airport officials he was carrying bombs in his briefcase.

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JULY 29, 2003
More US ghosts laid to rest Wagons circled to save Jones Act Tasman Spirit: Polembros responds Stolt-Nielsen execs sidelined Tasman Spirit: help declined Tasman Spirit: Karachi threatened Chilean port workers protest Boxship damaged at Lagos Time right for Manila merger Mumbai drops insurance requirement Italian yards are 'drowning' Umm Qasr gantries back in service Tricolor salvage work begins again Denmark to re-open Scan Star probe Smiles fade on Mona Lisa Long Beach lands China Shipping Double blow for ambitious Busan Restrictions may follow grounding

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JULY 29, 2003
China Shipping shifts So. Cal. calls Mega-ships to call Hanjin hub after local opposition shrinks Los Angeles terminal project. Report: CSI, C-TPAT need work General Accounting Office praises Customs for getting both anti-terror programs operational quickly but said agency needs to do more to ensure their long-term success. Hawaii rep challenges Jones Act Korea shipyard orders soar NCBFAA: Don't give away drawback German toll will raise Euro box costs Kuehne & Nagel net up Canmar vessels aimed at Montreal gateway Carriers drop Pakistan surcharge Georgia ports break box record NYK Line adds West Coast-C. Amer. service Brasreefer logs on to Inttra

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JULY 29, 2003
Shippers implicated, as dockers intensify global campaign against cargo 'self-handling' Dockers' representatives today pledged to 'revitalise and expand' their global campaign against cargo 'self-handling', regardless of the outcome of the EU ports directive - in particular targeting the attention of shippers. US ports redirect capital funds to meet security requirements US seaports say they are coming up with the cash to cover costly security mandates - but that the expenditures are forcing them to redirect funds from other areas. China Shipping secures Long Beach terminal deal Customs strikes threaten Brazil's economic recovery Accounting fraud forces SembCorp Logistics profit adjustment Sindamar: Port tariff driving ships away from Brazilian ports Lines face unlimited liability as US debates maritime law Nord Capital believed to be owner of latest mega-ship order OOCL Logistics appoints director for Europe Tonnage swells on transatlantic Montreal Gateway loops

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JULY 29, 2003
Cooperman switch another piece to Stolt puzzle Former CEO was tainted with Iran allegations in civil lawsuit. Cartel row claims Stolt scalp Shipping chief Reginald Lee replaced by elderly lawyer in management shake-up. TMM shows continued weakness Mexican group withdraws from car routes, sees revenues down broadly. Panama hat trick Canal claims higher volume, better safety, quicker transits. FOE flips assets to holding companies Fred Olsen Energy presses ahead with disposals to stem losses. Ports drift apart Distances set to grow by up to 130 miles as BP revises key charter data. Golar upbeat on newbuilding business Company CEO Tor Olav Troim pleased with uptake from directed equity offering. Tricolor propeller shaft is cut Weather hampers wreck slicing but giant cheesewire is working well. Korean yard orders soar World's largest shipbuilder Hyundai says contracts have doubled in first seven months 2003. Golar LNG pencils in more LNG newbuildings John Fredriksen's gas venture raises $57m for "new projects." Containership spill costs $4m Clean-up after Evergreen ship sustains hull gash declared a success. Tanker touches bottom in Whangarei Renewed calls to tighten maritime safety in New Zealand after second such incident in four months. Unithai scraps ship Thai owner ups share offer price as it pushes ahead with delisting. Polembros tanker aground off Pakistan Shipping activities at Karachi largely unaffected by stranded panamax tanker Tasman Spirit. Zodiac boxship in stowaway sting Seventeen illegal immigrants are detained in Hong Kong aboard Ofer-managed Hyundai Kingdom.

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JULY 29, 2003
Europe East Coast South America lines to raise rates Oct. 1 CaroTrans expands service to Japan