BRIEFS

web site

Shipping News

Call for coordinated patrols to fight piracy
SHIPOWNERS have called upon South-east Asian governments to carry out coordinated patrols regardless of a nation's territorial waters to counter the growing problem of piracy.
Asian coast guard meeting to focus on terrorism threat
ASIAN coast guard officials from 16 countries, including Singapore, begin a two-day meeting in Tokyo today in an effort to forge greater cooperation in fighting piracy and the threat of maritime terrorism in the region.
Indon tanker sales spark controversy
THE US$184 million purchase by Frontline of two Pertamina VLCCs under construction has caused a political row in Indonesia with some legislators threatening to veto the sale.

Air and Land Transport

AirAsia may seek US and European funds
AIRASIA, South-east Asia's biggest budget carrier, said it may get loans from US and European government lenders to buy or lease new Airbus and Boeing aircraft.
Transmile to buy 3 Boeing aircraft to expand to US
9/11 panel critical of US air defence: report
New carrier Virgin America unveils jet purchases, lease plans
LOG Book

Newbuilds

Home, sweet sea home
THE idea of floating real estate is not entirely new and we have already had the Residensea project.

web site

Shipping News

Call for coordinated patrols to fight piracy
SHIPOWNERS have called upon South-east Asian governments to carry out coordinated patrols regardless of a nation's territorial waters to counter the growing problem of piracy.
Asian coast guard meeting to focus on terrorism threat
ASIAN coast guard officials from 16 countries, including Singapore, begin a two-day meeting in Tokyo today in an effort to forge greater cooperation in fighting piracy and the threat of maritime terrorism in the region.
Indon tanker sales spark controversy
THE US$184 million purchase by Frontline of two Pertamina VLCCs under construction has caused a political row in Indonesia with some legislators threatening to veto the sale.

Air and Land Transport

AirAsia may seek US and European funds
AIRASIA, South-east Asia's biggest budget carrier, said it may get loans from US and European government lenders to buy or lease new Airbus and Boeing aircraft.
Transmile to buy 3 Boeing aircraft to expand to US
9/11 panel critical of US air defence: report
New carrier Virgin America unveils jet purchases, lease plans
LOG Book

Newbuilds

Home, sweet sea home
THE idea of floating real estate is not entirely new and we have already had the Residensea project.

web site

Shipping News

Call for coordinated patrols to fight piracy
SHIPOWNERS have called upon South-east Asian governments to carry out coordinated patrols regardless of a nation's territorial waters to counter the growing problem of piracy.
Asian coast guard meeting to focus on terrorism threat
ASIAN coast guard officials from 16 countries, including Singapore, begin a two-day meeting in Tokyo today in an effort to forge greater cooperation in fighting piracy and the threat of maritime terrorism in the region.
Indon tanker sales spark controversy
THE US$184 million purchase by Frontline of two Pertamina VLCCs under construction has caused a political row in Indonesia with some legislators threatening to veto the sale.

Air and Land Transport

AirAsia may seek US and European funds
AIRASIA, South-east Asia's biggest budget carrier, said it may get loans from US and European government lenders to buy or lease new Airbus and Boeing aircraft.
Transmile to buy 3 Boeing aircraft to expand to US
9/11 panel critical of US air defence: report
New carrier Virgin America unveils jet purchases, lease plans
LOG Book

Newbuilds

Home, sweet sea home
THE idea of floating real estate is not entirely new and we have already had the Residensea project.

	web site

Ningbo Port Group and MSC to operate berths together TNT Express extends `Express Import' service Charges on Asia-Japan route to rise in July Pacific CMA appoints new CFO Singapore keen for more Chinese enterprises to set up shop New technology to improve ocean freight management P&O Nedlloyd to open office in St Petersburg Singapore-China air links boosted Air freight volume at Frankfurt Airport rises 18.2pc last month EGSAC appoints new Belgian member Lufthansa Cargo changes sales management team

	web site

Tonnage tax regime may come with certain conditions Sensitive items import surges by 23 pc EU sets terms for basmati sops India, China may be invited to join industrialised club Good response to garments show in US Pak shares a cuppa joy! - ...slashes duties on tea India, Pakistan may soon resume maritime trade Pendency of ICD boxes at JNP comes to the fore once again JNPT files caveats to check PILs - 3rd box terminal privatisation Crown Transport hauls 100-tonne package from Kolkata to Nepal Diesel costs a rupee more from now Govt likely to continue tax holidays enjoyed by export-oriented units Growth in services sector to continue: CII Branded food products in a jam; may now attract duty Union Cabinet clears Bangalore airport project Plea to exclude tobacco from OGL list Auto parts units seek deemed export industry status EPCs optimistic of achieving even 15 pc export growth rate Cargo piles up at Chinese ports, yards due to shortage of railway wagons for transport Seatrade announces new maritime awards scheme

	web site
JUNE 16, 2004
Qualcomm opens branch in Poland Romania to subsidise inland shipping Wincanton releases first full-year post-acquisition results Union Pacific starts work on new Dallas Intermodal Terminal Airlines react to terrorist attacks in Saudi Arabia Port of Montreal compliant with ISPS code and Canadian regulations Timotrans' executive team expanded

	web site
JUNE 16, 2004
Baltic cuts operating loss IndoChina UK to manage Norse Merchant Ferries Stolt-Nielsen noteholders dispute over ICS and Intertanko warn on EU emissions plan

	web site
JUNE 16, 2004
ISPS compliance inches upwards IMO releases new data--and ports are still lagging Trico Marine won't make interest payment Says it "continues to analyze its financial restructuring alternatives"

	web site
JUNE 16, 2004
Boeing team wins contract for U.S. Navy maritime aircraft Washington governor plans trade trip to Mexico Portland Airport offering series of new promotions TSA earmarks $2.2 million for Sea-Tac Airport security devices Horizon Lines wins contract for operation of MSC's T-AGS fleet

	web site

Cost cutting helps Baltic Exchange trim losses THE Baltic Exchange has reported another operating deficit for the year to March 2004 but aggressive cost cutting saw losses trimmed by more than a third, from '1.9m in 2003 to '476,000. Investor caution spoils China Shipping's stock market party THERE was no tailwind to drive up China Shipping Container Lines stock market debut yesterday, with shares dropping 12% from their HK$3.175 (US$1.848) offer price. Is this coalition survey worthwhile, pointless, daft or all of the above? THIS just has to be the most unusual customer satisfaction survey ever produced, writes David Osler. Exel in £328m bid for UK rival T&B EXEL, the UK-based global freight and logistics operator, has made a £328m ($598) bid for home-grown rival Tibbett & Britain. EC tells Izar: no lifeline until illegal aid is repaid ILLEGAL state aid paid to Izar must be repaid in full before any Spanish government rescue plan of the shipbuilder is considered, the European Commission warned yesterday.

	web site
JUNE 16, 2004
Baltic information pays dividends THE Baltic Exchange announced a sharp fall in operating losses today, down from £1.9M to £0.48M in the year to 31 March 2004 Iran-Oman to establish shipping company THE Islamic Republic of Iran and the Sultanate of Oman have agreed to establish a joint shipping company in a bid to boost trade between the two neighbours Tilbury first for FEU by standard rail TILBURY, one of UK's main container terminals, has become the first east coast box-port to be able to move 9ft 6in high containers on standard rail wagons Senior appointments at Stolt, WWL OTTO Fritzner takes over as CEO of Stolt-Nielsen Transportation Group, as Ramond Fitzgerald moves across to head up Wallenius Wilhelmsen's Ocean Services Division Pakistani car imports to boom NEW and second-hand cars of different brands and engine size will start flooding the Pakistani market soon, following Islamabad's drastic cut in import duty S Africa port concessions unclear UNCERTAINTY over concessions for South African port terminals received little clarity from the new public enterprises minister, Alex Erwin, this week Unions raise privatisation debate Korea contracts 'threaten security' Steelmaker sells Tuapse stake New Singapore hot work guidelines Kalmar wins major Antwerp order Pertamina VLCC sale to be shelved Malta's Erika charges dropped Korea to increase oil reserves

	web site
JUNE 16, 2004
Teamsters dispute roadability costs Union says study show costs of inspecting and maintaining intermodal chassis not as onerous as predicted by carriers. Exel to buy Tibbett & Britten Britain's leading logistics provider confirmed it has agreed to buy its smaller domestic rival for $601 million. Both have substantial U.S. operations. ISPS compliance up in latest IMO survey Tax changes would be boon to U.S. flag investors, says panel Chinese Shipping shares fall 12% Lykes Lines expands Pacific services Coast Guard sets ballast water reporting fines Singapore calls for wider Malacca security High-tech plan for Singapore logistics Long Beach ramping up cold-ironing plan New study examines FTA impact

	web site
JUNE 16, 2004
Singapore extends port dues concession The recovering economy has led to the Maritime and Port Authority of Singapore (MPA) to extend its 20% containership port dues concessions a further two years, until June 30, 2006. Summer slumber settles on stagnant charter market CSCL shares fall 11.8% on their Hang Seng debut Carriers could find lure of Asian volumes hard to resist ICF upbeat despite last year's loss Shipowners and port operators slow off ISPS mark Drewry's sets out limits to boxships' size

	web site
JUNE 16, 2004
SFI off to quick start New Frontline vehicle sees gains ahead of formal listing on New York Stock Exchange. Stolt gets it done Company closes waiver deal with noteholders in nick of time by granting them unspecified security. On a roll Shipping tops off 'great' year poised to take advantage of eager US capital markets, New York conference hears. Iraq-bound tankers will wait Traders are expecting at least a two-week delay to loadings after pipeline attack this week. Bremer Vulkan chief on trial Ex-boss of failed German shipyard awaits a verdict Friday in a tax evasion trial. Georgia holds cargoship Russian-flagged ship detained and fined in Batumi for rule-breaking. ExxonMobil ties up VLCC Oil giant takes tanker on charter for up to seven years at seemingly low rate. Owners appeal jail sentence Spitzers bid to avert three years inside over tragic sinking that claimed 11 lives. CSCL sinks on debut Shares crash back 12% on concerns that China's freight demands have peaked. MPA extends boxship rebates Containerships calling at Singapore set to enjoy 20% port dues concession for two more years. Baltic helped back to profit London-based Exchange looking to keep up membership by opting for twice-yearly dividend handouts.

	web site
JUNE 16, 2004
China Shipping stock falls on first day of trading CKYH alliance switches capacity from Atlantic to Pacific Rep. Jefferson's 'tonnage tax' makes final cut of tax bill CMA CGM confirms Pacific deployment of 8,200-TEU ships Lykes confirms slot-charters on two Maersk transpacific loops Senator takes Montreal/north Europe slots Wallenius Wilhelmsen appoints Fitzgerald head of ocean services NYK adds Asia/Brazil peak season surcharge GAO: Some agencies ignored contract limits in Iraqi reconstruction Globe Express picks GT Nexus to manage ocean freight Exel prepares first RFID testing center GENCO's supply chain division relocates in Green Bay

	web site
JUNE 16, 2004
Ferries lose net wages from 2006 Norwegian ferry companies Color Line and Fjord Line lose their net wage arrangement from 1 January 2006 after a last ... EU ministers take hard line on pollution Accidental pollution in EU territorial waters can be punishable by the crime of gross negligence, according to a majority of ... No "Erika" trial for Maltese authority in France There will be no trial in France against the Maltese Maritime Authority and its head Lino Vassalo. Last year, they ...