BRIEFS

web site

Shipping News

China cargo volumes surge despite bid to cool economy
CHINA's container shipments are still rising after the government introduced measures to cool economic growth, shipping lines such as China Ocean Shipping Group and Japan's Kawasaki Kisen Kaisha said.
Cosco to order two more oil tankers
CHINA Ocean Shipping Group's chief executive Wei Jiafu said the country's largest shipping company will order two crude oil tankers to be delivered by 2007 as the nation's fleet expands to cope with soaring oil imports.
Hyundai, Daewoo may win big Kuwaiti orders
HYUNDAI Heavy Industries Co and Daewoo Shipbuilding & Marine Engineering Co, the world's largest shipbuilders, may win as many as seven tanker orders from Kuwait, which plans to spend more than US$525 million to renew its fleet.
S Korea posts record ship orders in H1
SOUTH Korea's shipbuilders booked record orders in the first half of 2004, up 16 per cent on a year earlier because of strong demand to replace worn-out ships, the commerce ministry said yesterday.
Malaysia's H1 throughput up 16%
MALAYSIA's cargo handling grew by 16 per cent in the first six months of this year to 4.88 million twenty-foot equivalent units from 5.69 million TEUs in the previous corresponding period.
Tanker fire victims stable
FOUR workers injured on Wednesday evening in an oil tanker fire in Shanghai are in a stable condition, hospital sources said.

Air and Land Transport

Airbus, Boeing expect a better 2005
AIRBUS and Boeing, the world's two biggest planemakers, predict an increase in sales in 2005 as air traffic recovers after three years of declines following the Sept 11 terrorist attacks in the US and the Iraq war.
A plane designed with the traveller in mind
Oil price surge may be a boon to aircraft makers
Russia's Sukhoi to plug civilian jets at show

Liner Scene

Liner trades sending out contradictory signals
THESE are interesting times in the liner shipping business. Contradictory signals about the nature of the market seem to be coming in from every direction.

web site

Shipping News

China cargo volumes surge despite bid to cool economy
CHINA's container shipments are still rising after the government introduced measures to cool economic growth, shipping lines such as China Ocean Shipping Group and Japan's Kawasaki Kisen Kaisha said.
Cosco to order two more oil tankers
CHINA Ocean Shipping Group's chief executive Wei Jiafu said the country's largest shipping company will order two crude oil tankers to be delivered by 2007 as the nation's fleet expands to cope with soaring oil imports.
Hyundai, Daewoo may win big Kuwaiti orders
HYUNDAI Heavy Industries Co and Daewoo Shipbuilding & Marine Engineering Co, the world's largest shipbuilders, may win as many as seven tanker orders from Kuwait, which plans to spend more than US$525 million to renew its fleet.
S Korea posts record ship orders in H1
SOUTH Korea's shipbuilders booked record orders in the first half of 2004, up 16 per cent on a year earlier because of strong demand to replace worn-out ships, the commerce ministry said yesterday.
Malaysia's H1 throughput up 16%
MALAYSIA's cargo handling grew by 16 per cent in the first six months of this year to 4.88 million twenty-foot equivalent units from 5.69 million TEUs in the previous corresponding period.
Tanker fire victims stable
FOUR workers injured on Wednesday evening in an oil tanker fire in Shanghai are in a stable condition, hospital sources said.

Air and Land Transport

Airbus, Boeing expect a better 2005
AIRBUS and Boeing, the world's two biggest planemakers, predict an increase in sales in 2005 as air traffic recovers after three years of declines following the Sept 11 terrorist attacks in the US and the Iraq war.
A plane designed with the traveller in mind
Oil price surge may be a boon to aircraft makers
Russia's Sukhoi to plug civilian jets at show

Liner Scene

Liner trades sending out contradictory signals
THESE are interesting times in the liner shipping business. Contradictory signals about the nature of the market seem to be coming in from every direction.

web site

Shipping News

China cargo volumes surge despite bid to cool economy
CHINA's container shipments are still rising after the government introduced measures to cool economic growth, shipping lines such as China Ocean Shipping Group and Japan's Kawasaki Kisen Kaisha said.
Cosco to order two more oil tankers
CHINA Ocean Shipping Group's chief executive Wei Jiafu said the country's largest shipping company will order two crude oil tankers to be delivered by 2007 as the nation's fleet expands to cope with soaring oil imports.
Hyundai, Daewoo may win big Kuwaiti orders
HYUNDAI Heavy Industries Co and Daewoo Shipbuilding & Marine Engineering Co, the world's largest shipbuilders, may win as many as seven tanker orders from Kuwait, which plans to spend more than US$525 million to renew its fleet.
S Korea posts record ship orders in H1
SOUTH Korea's shipbuilders booked record orders in the first half of 2004, up 16 per cent on a year earlier because of strong demand to replace worn-out ships, the commerce ministry said yesterday.
Malaysia's H1 throughput up 16%
MALAYSIA's cargo handling grew by 16 per cent in the first six months of this year to 4.88 million twenty-foot equivalent units from 5.69 million TEUs in the previous corresponding period.
Tanker fire victims stable
FOUR workers injured on Wednesday evening in an oil tanker fire in Shanghai are in a stable condition, hospital sources said.

Air and Land Transport

Airbus, Boeing expect a better 2005
AIRBUS and Boeing, the world's two biggest planemakers, predict an increase in sales in 2005 as air traffic recovers after three years of declines following the Sept 11 terrorist attacks in the US and the Iraq war.
A plane designed with the traveller in mind
Oil price surge may be a boon to aircraft makers
Russia's Sukhoi to plug civilian jets at show

Liner Scene

Liner trades sending out contradictory signals
THESE are interesting times in the liner shipping business. Contradictory signals about the nature of the market seem to be coming in from every direction.

	web site

AADA to introduce PSS in August Senator Lines turns to e-logistics for container bookings Tacoma completes US$10.3m Foss Waterway deal Leif Hoegh balance sheet shows first half improvements VistaScape to help protect Port of San Diego Ocean Airlines launches Brescia-Hong Kong cargo flight Thai Airways introduces new ground support equipment Korean Air offers Seoul-Urumchi flight IRS seeks US$129 million from Hawaiian Airlines FedEx opens gateway hub in Miami to bolster global trade

	web site

Farmers too on export list now! Government may revoke ban on garment quota transfers APM Terminals-CONCOR to form SPV for 3rd box terminal development at JNP Chidambaram, Baalu assure all assistance for upgradation of Tuticorin Port facilities Ports must create infrastructure for industries to flourish-Baalu Ahmedabad-Mumbai bullet train planned CONCOR, APL sign JV pact on CFS at Dadri Parked trucks in CCT bring operations to a halt Decision on ICTT near Cochin Port likely to be taken this week Minister draws roadmap for India to become integral part of global manufacturing chain CMIE predicts 6.3 pc economy growth rate in 2004-05 'Virtual SEZs' may soon be a reality! Understanding Education Cess - By M. Sreedharan First-ever high-power Indo-US maritime conference in Aug. WTI starts distance education, offers 1-yr PGDIEM IMC, Korean chamber sign MoU for better trade ties

	web site
JULY 16, 2004
27 cargoes booked for west-east arbitrage Total of 5.83 million mt currently booked for loading from Europe and Americas. Cape Africa salvage deemed success Holed bulk carrier enters Cape Town harbour minus 1,900 mt of bunker fuel after salvage operation. Maintenance work to deplete Durban supply sources Rotterdam remains firm amid tight barging Fuel oil operations halted in Guandong Typhoon Kompasu takes toll on key fuel oil import port of Huangpu. Bunkering suspended as Kompasu hits Hong Kong Tropical storm warning sees all businesses closed and staff sent home, bunkering expected to restart tomorrow. Singapore suppliers unperturbed by OPL ban Singapore's bunkering community were mostly unperturbed it seems by yesterday's announcement that the Maritime and Port Authority (MPA) intends to impose new conditions on Off Port Limits (OPL) bunkering.

	web site
JULY 16, 2004
London Club says Spain is not learning Prestige lessons Rotterdam sees volumes soar ITF calls for boycott of Israeli bound cargoes

	web site
JULY 16, 2004
Carnival restructures Cunard's North American operations Line will be relocated to Santa Clarita, California, home to sister company Princess Cruises, Meyer starts construction of U.S.-flag cruise ship NCL's Pride of Hawaii will incorporate some Project America materials and equipment Teekay sells its stake in TORM Realizes $90 million gain on sale Greenpeace ship breaches Alaska environmental regs Arctic Sunrise held in Ketchikan

	web site
JULY 16, 2004
Seattle Port Commission eyes Terminal 5 pier expansion U.S. rail freight totals have good month in June Oil spill task force announces Legacy winners Governor's trade trip to Mexico reopens door for Washington potatoes Port of Port Angeles taps McChesney as director

	web site

Coastguard agency censured as deaths on UK coastline rise 28% MARITIME and Coastguard Agency bosses in Britain are "entirely complacent" about understaffing at rescue centres, even where this contributes to deaths, a committee of MPs has charged. Teekay amasses $90m windfall on sale of Torm stake to institutions TEEKAY Shipping is reaping a $90m windfall gain on the sale of its 16% interest in Danish bulk shipping group Torm, surely one of the better investments of the past 12 months, write Nigel Lowry and Tony Gray. Barclay's newbuild tally at Mipo hits $568m WITH six new orders, Greece's Barclay Shipping group has brought its newbuilding programme value at Hyundai Mipo to an impressive $568m as the Korean yard announced it has snared a flurry of fresh product carrier contracts. Carnival shifts Cunard chiefs to Miami in bid to slice $20m off operating costs CARNIVAL Corp has announced a wholesale makeover of Cunard Line's North American organisation, designed to strip out costs and improve efficiency.

	web site

Teekay nets huge Torm windfall TEEKAY Shipping has sold its 16% stake in Torm for a massive profit, collecting approximately $130.2M for a stake it bought last July for $37.3M LB to spend $26M on security PORT of Long Beach harbour commissioners have approved a $450.8M budget for the fiscal year starting 1 October Iran covets Syrian outlet TEHRAN and Damascus are on the verge of signing a deal that would enable Iranian private-sector interests to take over a terminal at Latakia port in Syria Kakinada port expansion KAKINADA Chamber of Commerce has submitted a proposal to strengthen infrastructure facilities at both Kakinada deepwater and the old anchorage port Damaged Capesize under tow Good response to new IACS rules New container yard for Chennai ITF targets 'ports of convenience' Virginia retailers' threat averted Shanghai preparing to catch boom Mumbai strike ends ITF warns of ISPS Code misuse Qasim to ban old tonnage Bush signs AGOA into law

	web site
JULY 16, 2004
Court throws out hours-of-service rule Revised regulations for the nation's 3 million long-haul truck drivers termed "arbitrary and capricious." Aussie FTA heads to White House Trade agreement will virtually eliminate duties on all manufactured goods. Judge extends Miami boycott ban Seattle plan eyes box growth Wan Hai adds India call to China service FedEx, Commerce boost small-business exports Maersk Sealand shifts Qasim schedule to speed U.S. shipments Name change for Council of Logistics Management Alaska Airlines to upgrade 737s Seko Worldwide opens Alabama office New officers for Marine Exchange Canadian National completes BC Rail buy

	web site
JULY 16, 2004
Canadian truckers slam renewed delays at CN's Brampton terminal Canadian truckers have slammed Canadian National Railway (CN) for the renewal of excessive turnaround times at Brampton Intermodal Terminal (BIT) since early July, and increased storage fees, effective July 19. Arab transport-workers' action not solidarity with Israeli strikers, says ITF An Israel boycott under discussion in Jordan and Egypt is not intended to help Israeli workers' privatisation protest, but is aimed instead at the Israeli government. EC allows '1.79m aid for Antwerp congestion, but industry looks longer-term Full ships embolden Australia trades carriers Cosco declares for Shanghai Yangshan deepwater project California megaports continue growth Korean consortium signs to construct Songdo New Port Steelbro president Rodney Steel dies

	web site
JULY 16, 2004
Banks vie to top up Hoegh Car-carrier demand gave Leif Hoegh a strong first half and good terms on a $600m loan. Fuehrer out at JP Morgan Chase Bank may be making long-expected break from shipping, sources suggest. Orion waits for ship cash Deal to sell offshore duo on hold as buyer A2Sea searches for financial partner. Cunard goes west Subsidiary's North American operation joins Princess Cruises in the golden state, while Seabourn goes it alone. Fiji wants more ships Shipping ministry's bid for acquisition cash angers private shipowners. Teekay sells Torm stake Aframax giant makes massive $89m killing but disposal sparks new speculation over Danish tanker owner. Precious picks up bulker Thai owner pays $13.9m for handysize from Kleiner Berg. Barclay loads on six more Orders take Greek owner into pole position in ice-class, double-hull MR tanker segment. Europe 1 US 0 Major container lines rate European and Asian ports over American gateways for both service and cost. Aboitiz pursues three ships Philippine ferry owner wants ro-ros from Japan, and a ferry newbuilding from Korea or China. Thoresen takes Oldendorff ladies Thai shipowner follows up Cosco acquisition with two general cargo ships from German principal. Toll revamps Arahura New Zealand ferry's owner to spend NZD 4m on modernisation to add 10 years to working life. NYK heads for record Japanese giant expects to lift profits to more than $1bn this year, a new high. IMC hot for floaters Singapore owner is moving into the offshore industry in a big way with orders for two large FPSOs. Precious seals big share buy Thai shipowner makes largest single acquisition of shares since announcing its buyback plan. Welding caused tanker fire Blaze that killed worker at Shanghai Lixin yard blamed on electric welder. Security not the issue, says SK South Korean owner denies vessel refused to dock at Iraq, though fears persist. MSC in double Aussie detention Swiss owner's two ships among thirteen stopped by authorities over port state control infringements. US tightens up on Title XI Troubled guaranteed shipbuilding finance program to come under scrutiny of new credit council.

	web site
JULY 16, 2004
MOL (America) names international sales team leader Taiwanese carrier goes freighter route with 757 Menlo becomes primary Boeing forwarder FMC reviews 14 OTI applications, revokes 17 licenses CLM name change highlights importance of supply chain ITC approves antidumping duties for Chinese ironing tables, plastic bags Lee to lead USCIB Customs Committee

	web site
JULY 16, 2004
New contender on Moss-Skagen Jet Link AS, a company formed by Lars Petter Helminsen of Fredrikstad, has signed a preliminary contract to charter an ... Russians declares second icebreaker from Havyard Servmorneftegaz of Archangelsk has now declared the option for a second icebreaker from Havyard Leirvik in Western Norway. The 100 ... Big-cruise-shift in Copenhagen this weekend Copenhagen Malm' Port (CMP) will get extremely busy this coming weekend along with Copenhagen Airport, when they are accommodating some ...