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Armed pirates attack cargo ship at Yemen
PIRATES armed with shotguns tried to board a general cargo ship at a Yemeni oil terminal in the Gulf of Aden, where terrorists attacked the tanker Limburg in 2002, the International Maritime Bureau's Piracy Reporting Centre said.
Little surprise as P&O exits liner shipping
ONE thing that can be said with some confidence about the P&O Nedlloyd flotation is that it will come as little surprise to the shipping industry.
Record rates set to go higher
RECORD high dry freight rates could rise further, supported by an ongoing shortage of large ships, firm mineral demand and expected fresh orders for new South American crops, brokers said.
Pirate attack foiled in S'pore Strait
THE eastbound lane of the Singapore Strait near Karimun Island was the scene of another pirate attack on Tuesday, the third such attack in that location in less than a week.

Air and Land Transport

Experts see emergence of no-frills airports
TO meet the demands of low-cost airlines without drawing fire from antitrust authorities, airports too could adopt a no-frills strategy, experts have said as the EU had Ryanair, Europe's leading budget carrier, in the dock in a state-aid case.
Ryanair to appeal against EC fine
EC decision does not faze Ryanair's combative chief
American applies for codeshare deal with Vietnam Air
Aviation talks likely to lead to more US flights to China
LOG Book

Newbuilds

Bulkers boost global orderbook
SOME interesting things are happening in the world shipbuilding scene.

web site

Shipping News

Armed pirates attack cargo ship at Yemen
PIRATES armed with shotguns tried to board a general cargo ship at a Yemeni oil terminal in the Gulf of Aden, where terrorists attacked the tanker Limburg in 2002, the International Maritime Bureau's Piracy Reporting Centre said.
Little surprise as P&O exits liner shipping
ONE thing that can be said with some confidence about the P&O Nedlloyd flotation is that it will come as little surprise to the shipping industry.
Record rates set to go higher
RECORD high dry freight rates could rise further, supported by an ongoing shortage of large ships, firm mineral demand and expected fresh orders for new South American crops, brokers said.
Pirate attack foiled in S'pore Strait
THE eastbound lane of the Singapore Strait near Karimun Island was the scene of another pirate attack on Tuesday, the third such attack in that location in less than a week.

Air and Land Transport

Experts see emergence of no-frills airports
TO meet the demands of low-cost airlines without drawing fire from antitrust authorities, airports too could adopt a no-frills strategy, experts have said as the EU had Ryanair, Europe's leading budget carrier, in the dock in a state-aid case.
Ryanair to appeal against EC fine
EC decision does not faze Ryanair's combative chief
American applies for codeshare deal with Vietnam Air
Aviation talks likely to lead to more US flights to China
LOG Book

Newbuilds

Bulkers boost global orderbook
SOME interesting things are happening in the world shipbuilding scene.

web site

Shipping News

Armed pirates attack cargo ship at Yemen
PIRATES armed with shotguns tried to board a general cargo ship at a Yemeni oil terminal in the Gulf of Aden, where terrorists attacked the tanker Limburg in 2002, the International Maritime Bureau's Piracy Reporting Centre said.
Little surprise as P&O exits liner shipping
ONE thing that can be said with some confidence about the P&O Nedlloyd flotation is that it will come as little surprise to the shipping industry.
Record rates set to go higher
RECORD high dry freight rates could rise further, supported by an ongoing shortage of large ships, firm mineral demand and expected fresh orders for new South American crops, brokers said.
Pirate attack foiled in S'pore Strait
THE eastbound lane of the Singapore Strait near Karimun Island was the scene of another pirate attack on Tuesday, the third such attack in that location in less than a week.

Air and Land Transport

Experts see emergence of no-frills airports
TO meet the demands of low-cost airlines without drawing fire from antitrust authorities, airports too could adopt a no-frills strategy, experts have said as the EU had Ryanair, Europe's leading budget carrier, in the dock in a state-aid case.
Ryanair to appeal against EC fine
EC decision does not faze Ryanair's combative chief
American applies for codeshare deal with Vietnam Air
Aviation talks likely to lead to more US flights to China
LOG Book

Newbuilds

Bulkers boost global orderbook
SOME interesting things are happening in the world shipbuilding scene.

	web site

P&O Nedlloyd to emerge independent and listed Logistics firm awarded first Macau Service Supplier Certificate Hamburg mulls port expansion to meet expected demand Container volume reaches all-time high at port of Antwerp Lloyd Triestino revamps web site for easier access GTS to provide Suez Canal with terminal management solutions Hong Kong to host air and port security expo Lufthansa expects rapid recovery of global airfreight market ASTAR Air Cargo promotes Dan Brannan to senior vice president

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Glimmer of tonnage tax cheers shipping sector Leather exports faring well Duty sops on copper imports worry small units IT exports likely to record 28 pc growth in 2003-04, says Nasscom Foundation stone laid for iron ore handling facility at Ennore Port Dahej LNG terminal to be commissioned on Feb. 9 With 40.16 m tonnes handled, Vizag Port well on way to achieve its target - Ore Handling Complex performance at new peak Forbes Logistics Services handles mega-sized cargo at Chennai Port Centre gives green signal for Coimbatore industrial cluster project Successful route for PSUs sell-off outlined Industry cool to stamp duty cut DFCEC route norms eased Make use of expanded MAI scheme, govt tells engineering goods exporters AIAI welcomes steps to increase credit to SMEs Apparel exporters expected more from Interim Budget: CIAe SSI sector welcomes move for increased credit A significant development: M. P. Pinto

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FEBRUARY 4, 2004
US West Coast: Markets quiet amid improved supply DOE confirms big US crude build, large product draws The fall in oil prices deepened today after the US Department of Energy (DOE) released its weekly oil inventory data, confirming a huge crude build reported by the American Petroleum Institute (API) earlier. The bearish effect on the market could be counterbalanced by the fact that the DOE report was a lot more bullish on products. Crude begins descent on bearish API report, DOE delayed Weekly US inventory data from the US Department of Energy (DOE) have been delayed until 1 p.m. EST (6 p.m. GMT) today, leaving the market to respond to the weekly American Petroleum Institute data (API) first. The two sets of data are normally published simultaneously. Korean demand suppressed by expensive product South East Asian markets have, so far, enjoyed a unpredictable pattern this week, with crude's leap on Monday not being tracked by any change in cargo values in the region until Singapore reopened after the Hari Raya Raji holiday on Tuesday. Piraeus numbers track crude bulls New Saudi posted prices, Red Sea ports still tight New import rules baffle fuel oil cargo traders China's new oil product import rules have been labelled vague and overly stringent, preventing smooth trading and causing delays in in fuel oil cargo supplies, sources in the industry alleged today. Rotterdam firms despite crude losses

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FEBRUARY 4, 2004
Quintiq for English Welsh & Scottish Railway Protests against new Serbian customs law Canadian Freightways sale is completed ERS drops Railion/Trenitalia in favour of SBB and FNC Atlas Air files for bankruptcy New rubber-tyred gantries for Rouen Georg Janssen to head Chemion's new customer management division

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FEBRUARY 4, 2004
Major Stena Bulk advance in Russia Stena Bulk and the Russian logistics company Progetra S.A has signed a 10 year employment contract worth SEK 3 billion ... Shipping executives lobby Norwegian government Reduced wealth tax and a more predictable shipping policy are key areas in the intense lobbying ahead of the White ... Hanseatic Shipping eyes Scandinavia One of the pioneers in shipmanagement, Hanseatic Shipping Company increases its presence in the Nordic market. The company will be ...

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FEBRUARY 4, 2004
USCG reports 90% compliance with MTSA security plan filing Notices of violation going out to others

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FEBRUARY 4, 2004
President calls for 2005 funding for Columbia Channel project Boeing nets freighter purchase from Nippon Cargo Airlines Seattle Coast Guard Auxiliary offers series of boating classes DOT will use transport numbers as monthly economic indicator TSA expanding gun program to cargo aircraft flight crews

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Revolution in ship safety is on the way says Salerno A PROCESS regarded as "a revolution in making ships safer and more robust" is now well advanced, according to Ugo Salerno, chairman of the International Association of Classification Societies. J Lauritzen makes product tanker comeback COPENHAGEN-based shipowner J Lauritzen announced its return after a decade's absence to the product tanker market yesterday, with the takeover of Danish sector specialist Quantum Tankers and a charter deal on two newbuilds. Environmental groups join forces in bid to scupper UK terminal overload ENVIRONMENTALISTS have joined forces in a last ditch effort to prevent the UK being swamped with excess container terminal capacity. P&O Nedlloyd reshuffle gets Green light P&O Nedlloyd's new chief executive has given a vote of confidence to the company's senior staff in a management reshuffle designed to streamline decision-making, writes Janet Porter. Festival has fingers crossed over talks to end crisis FESTIVAL Cruises hoped yesterday to announce a resumption of its activities at the end of the afternoon today, writes Andrew Spurrier in Paris.

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FEBRUARY 4, 2004
New York unveils $250M cruise plans NEW York City has unveiled an ambitious $250M expansion plan to create a new three-berth mega-cruise terminal on the West Side of Manhattan, plus a two-berth facility to homeport Cunard Line's Queen Mary 2 in Brooklyn Tacoma plans massive expansion THE Port of Tacoma, Washington, plans to spend more than $200M to build what would be the largest terminal north of Los Angeles, to serve Evergreen America Giant 2 heading for Pride salvage SMIT Salvage pontoon Giant 2 is scheduled to arrive at Lloyd Werft in Bremerhaven tonight to help in the salving of NCL's partially submerged Pride of America Mad cow threat hits Cuba livestock LIVESTOCK shipments to Cuba have had to be postponed because of the threat of 'mad cow' disease in the US Kingston cuts labour fees on boxes LABOUR fees charged on cargo passing through the port of Kingston, Jamaica have been reduced for the second time in recent months Bird flu boosts Brazilian exports EXPORTS of Brazilian chicken to Asia are set to grow by 17% this year because of the 'bird flu' virus that has hit Asia WWF urges IMO ballast agreement Hit and run claimed six lives Owners drawn to Jordan's flag Delphin continues German cruising India welcomes tonnage tax news Greek ferries: EU gives notice Euro cruise shrugs off 9/11 Maximus wins fresh Countess bid Meat shipments slashed Buoyant market boosts derivatives

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FEBRUARY 4, 2004
CG fines security plan non-filers Coast Guard to levy $10,000 fines against port facilities, vessels that had not filed security plans. Global airfreight up in '04: Lufthansa Carrier expects worldwide market to grow in 2004, ending three years of dips and stagnation. TSA to arm cargo pilots Earnings rise for Pacer International KLM cargo outpaces passenger traffic FedEx launches temperature-sensitive validation Crowley names Puerto Rico/Caribbean VPs Indonesia eyes new customs charges CNF chairman Moffitt retires Hamburg Sud names Australia sales exec LanChile new U.S. agent for Brazil carrier

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FEBRUARY 4, 2004
Battle brewing over US transportation funding A battle is brewing over the most important piece of transportation legislation to face the US Congress in years, with the president's administration threatening to veto any budget over US$256billion. Green lobby attack UK Government's market-led approach to port policy Eight environmental groups were supported by key industry figures in a stinging attack today on the UK Government for its lack of strategic port planning. Spanish traffic threatened with stoppage over dispute at Port of Gijón The whole of Spain is facing a week's port-strike over labour issues in the Port of Gijón called by the majority port union Coordinadora, starting February 16. Charterers face 'hammer-time' (Can't Fix This) S.Korea's imports of beef and chicken sharply reduced Automated notice reporting glitches as well as cargo to US authorities Santos Port consolidates as main container port in Latin America New rail container line between Graz and Duisburg India soon to introduce tonnage tax

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FEBRUARY 4, 2004
Bulkers move into uncharted waters But broker Howe Robinson says history dictates a fall this year. MISC time-charters Knightsbridge VLCC Frontline stiches up deal for one of five former Shell bareboated tankers. Owners lines up for Nigerian ports Port authority offering concessions to international and domestic shipping companies. J Lauritzen makes product tanker play Danish owner snaps up newbuildings, Quantum Tankers, and Anders Mortensen. Numbers up at TFDS Norwegian ferry owner increased passenger figures and revenues in 2003. Shipbrokers warned over competition law Changes to EU legislation puts emphasis on brokers to avoid playing middleman in owners' cartels. FastShip takes small step forward Long-delayed super-fast transatlantic boxship project secures funding for Philadelphia terminal. Hyundai sails into profit Korean yard finally sheds burden of its loss-making holdings in group companies. Irish register adds Norwegian chemical tanker Ambitious flag follows up Italian coup with another foreign transfer. Izar offering in for more LNG ships Spanish yard delivers third LNG newbuilding ahead of schedule. SKL ties up with coal barge player Singapore's Sembawang Kimtrans increases Indonesian coal shipment ties with joint venture. Taiheiyo hitting target Japanese VLCC and bulker owner on course to match profit forecast after steady nine months. Mitsubishi output up in 2003 Japanese shipbuilder's three shipyards completed 30% more newbuildings last year than in 2002. Gas shipping to benefit from Iraq woes With Iraq's LPG system in disarray shipping is set to benefit says Poten & Partners. Singapore Straits sees double pirate attack Violent incidents occur within hours of each other as pirates hit boxship and bulker. Thoresen Thai makes it 40 Another week, another ship as expanding Thai dry cargo player takes its fleet to forty ships. Mitropoulos Aussie bound New IMO chief is heading down under to headline top ship security conference.

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FEBRUARY 4, 2004
Maersk Sealand leaves U.S./Caribbean agreement Rickmers adds U.K. calls to round-the-world service GAC, Ultramar ship agencies cooperate "K" Line opens an office in Beijing Management reshuffle at Crowley Liner Services division Crowley names Sweeney VP of Far East operations Lufthansa, DHL tighten joint network Lufthansa: 2004 shapes up as good year for air freight U.S. cargo pilots can request firearm privileges Bush administration remains firm on transportation spending plan $2.5 billion requested for Millennium Challenge Account in FY 2005 Bush wants tougher agriculture, food security measures Conference to rebuild Liberia held at UN headquarters Phillips-Van Heusen selects GT Nexus' hosted software U.S. ports seek $400 million annually in federal port grants APM Terminals joins U.S. security group Suez Canal terminal picks GTS support software