BRIEFS

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Shipping News

Sun Cruises settles for lower insurance payout
Majority owner Metro has provided for $35 million extraordinary loss
Japan, Korean shipyards see orders drop 30% in Jan-Aug
Philippines' ICTSI in talks to buy out Argentine partner

Air and Land Transport

Airports worldwide investing heavily for big traffic growth
Nearly 45% of airports' annual gross revenue being used for capital expenditure: ACI
HK airport fee cuts expected to save Cathay at least HK$50m
MAS, Northwest sign commercial services deal
Cooled fuel may help prevent plane explosions
Airbus plan to go private hits snag
Freight forwarders welcome move

Features

Poles hit politics in Finnish bid
Gdynia faces a doughty opponent in bid to take over two Kvaerner yards in Finland -- the Finnish government

Columns

Parties' contract must take precedence over Arbitration Act

web site

Shipping News

Sun Cruises settles for lower insurance payout
Majority owner Metro has provided for $35 million extraordinary loss
Japan, Korean shipyards see orders drop 30% in Jan-Aug
Philippines' ICTSI in talks to buy out Argentine partner

Air and Land Transport

Airports worldwide investing heavily for big traffic growth
Nearly 45% of airports' annual gross revenue being used for capital expenditure: ACI
HK airport fee cuts expected to save Cathay at least HK$50m
MAS, Northwest sign commercial services deal
Cooled fuel may help prevent plane explosions
Airbus plan to go private hits snag
Freight forwarders welcome move

Features

Poles hit politics in Finnish bid
Gdynia faces a doughty opponent in bid to take over two Kvaerner yards in Finland -- the Finnish government

Columns

Parties' contract must take precedence over Arbitration Act

web site

Shipping News

Sun Cruises settles for lower insurance payout
Majority owner Metro has provided for $35 million extraordinary loss
Japan, Korean shipyards see orders drop 30% in Jan-Aug
Philippines' ICTSI in talks to buy out Argentine partner

Air and Land Transport

Airports worldwide investing heavily for big traffic growth
Nearly 45% of airports' annual gross revenue being used for capital expenditure: ACI
HK airport fee cuts expected to save Cathay at least HK$50m
MAS, Northwest sign commercial services deal
Cooled fuel may help prevent plane explosions
Airbus plan to go private hits snag
Freight forwarders welcome move

Features

Poles hit politics in Finnish bid
Gdynia faces a doughty opponent in bid to take over two Kvaerner yards in Finland -- the Finnish government

Columns

Parties' contract must take precedence over Arbitration Act

web site

Shipping News

Sun Cruises settles for lower insurance payout
Majority owner Metro has provided for $35 million extraordinary loss
Japan, Korean shipyards see orders drop 30% in Jan-Aug
Philippines' ICTSI in talks to buy out Argentine partner

Air and Land Transport

Airports worldwide investing heavily for big traffic growth
Nearly 45% of airports' annual gross revenue being used for capital expenditure: ACI
HK airport fee cuts expected to save Cathay at least HK$50m
MAS, Northwest sign commercial services deal
Cooled fuel may help prevent plane explosions
Airbus plan to go private hits snag
Freight forwarders welcome move

Features

Poles hit politics in Finnish bid
Gdynia faces a doughty opponent in bid to take over two Kvaerner yards in Finland -- the Finnish government

Columns

Parties' contract must take precedence over Arbitration Act

	web site

Strong support for customs revisions Russia-China co-operation NOL predicts full-year profits Sino-Japanese trade approaches record figures NIT to discuss census rules on reporting freight cost data AA charge reduction a shot in the arm for Chek Lap Kok Industry reaction favourable Airline welcomes proposal

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SEPTEMBER 23, 1999
European top Penske dismissed NMBS boss possibly to be sacked DFDS ferry in dock for six months CEO Jim Kelly named chairman of the US-Asean Business Council Ingram Micro to Tilburg

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SEPTEMBER 23, 1999
Shipyard begins cutting steel for Delta Queen cruise vessels Coast Guard gives green light to Russian freighter ALEXANDERE TRISM Inc. declares Chapter 11 Sea Containers and partner buys two lines of Peruvian rail system Boeing gives suppliers preview of 21st century expectations Damaged freighter moves to shipyard

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SEPTEMBER 23, 1999
Correos y Telégrafos reduce déficit de explotación en 1998 NEFAB distinguida por su política medioambiental DHL renueva su flota aérea de Europa y Africa El puerto de Cartagena incrementa el trafico en 12,5 por ciento Finanzauto Manutención suministra 12 grúas al puerto de Valencia Récord de ventas para Peugeot

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SEPTEMBER 23, 1999
P&O's first-half profits up 30 pc to ' 185.4 m Pipavav Port progress listed at GPPL-Rajkot Chamber meet Earnings from certified silk goods exports up Panel to monitor corporatisation of metro airports Video conferences on EOUs woes in other states too Bid to boost sports goods exports ICICI scouting for funds to set up Dhamra port project AIEC AGM on Friday IGEP plans big promotion drive for other Indian leather products 21 Indian companies to take part in medical fair Myanmar offers long-term deal on pulses supply Crude steel output up 1.2 pc PII may open offices in Abu Dhabi, Dubai States must join hands in export push, exhorts ICCI chief Move to double coffee export cess PBX market growth projected at 20 pc Essar Shipping bags award New millennium holds promise for sportswear, Merino wool sectors CPT poised to handle more wheat imports FEII delegation in Africa Falta EPZ achieves 50 pc of turnover target

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SEPTEMBER 23, 1999
Firm sentiment dominates post-OPEC ARA markets Augusta IFOs offered cheap, Genoa fairly steady Piraeus IFOs seen stable, MGO jittery Aggressive selling continues in the East Mediterranean Singapore bunkers pushed higher by bullish cargo sector IFO380/180 at similar level in rising Hong Kong market South Korean prices soar ahead of holiday Chinese fuel oil imports for October expected to increase

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SEPTEMBER 22-28, 1999
New Bunkering Services Start at Dar Port Zanzibar to Acquire $1.5-million Tugboat

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SEPTEMBER 23, 1999
MHI problems mount The attempt to reopen the Fore River Shipyard in Quincy, Mass. as Massachusetts Heavy Industries now looks likely to finally collapse

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Affidato all'agenzia pubblica il compito di coordinare il progetto per l'utilizzo delle «autostrade del mare» Il cabotaggio va a Sviluppo Italia Entro fine novembre è previsto un primo schema di intervento per le opere «immediatamente cantierabili» Boom di traffico nel Mediterraneo Terminal intermodale tra sei mesi Al porto di Napoli lavori per 72 miliardi sulle nuove banchine

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Frontline wins ICB after two-year fight JOHN Fredriksen's Frontline yesterday emerged victorious from its bitter two-year battle for control of Swedish tanker specialist ICB. Burbank in S&P contract warning SHIPBROKERS have been warned they may have to conduct their own due diligence on ship sales if a recent verdict in a US court is not overturned, writes Sandra Speares. Louis Cruise hit by share sale row A FURORE swirling around civil servants who bought shares in Louis Cruise Lines' stock flotation in Cyprus earlier this year is unlikely to result in charges being brought. Singamas signs up for Dalian box terminal venture SINGAMAS Terminals (China), a subsidiary of box manufacturer Singamas Holdings, has signed a letter of intent with three companies to invest in and operate a container terminal company at Dalian Port in northern China. Frontline pays the price SO JOHN Fredriksen's inimitable brand of consolidation has finally paid off. Two years of ego clashes and boardroom wrangles have now rewarded shipping's larger-than-life entrepeneur with a 1990s-built fleet totalling 25 suezmax vessels and 11 VLCCs. Clubs to meet over fleet transfer deal THE boards of the North of England P&I Association and the Liverpool & London Steamship Protection and Indemnity Association are due to meet early next week to discuss the possible renewal of Liverpool & London tonnage by the North of England club. Cammell Laird wins Costa conversion BRITISH shiprepairer Cammell Laird has won the world's largest cruiseship "jumboisation" contract. Liberian flag chief executive praises essential role of ITF SURPRISE support for the positive work of the International Transport Workers' Federation was this week voiced by an outspoken advocate of flags of convenience.

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SEPTEMBER 23, 1999
Fredriksen wins full control over ICB Emergency simulation off Dover Engine room fire in car carrier Shippers call for liner deregulation Tensions rise again in Vancouver Registers 'should operate to agreed standards' Hong Kong starts flag-state quality control NOL appoints ex-Maersk manager to top team Hapag-Lloyd loses Europa court proceedings Essar raises Rs1Bn from Boeing & GE Capital Don't blame us for TBT, say shipyards Dhamra port construction to begin soon Ireland could apply tonnage tax

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Home

Shippers critical of cargo pooling
National drayage company: idea whose time has come?
CSX, NS restoring service to Southeast; Amtrak is back
Kawasaki, Mitsui to cooperate on commercial liner
Consolidated Freightways and 3M renew domestic long-haul contract
N. Carolina floods slow US auto production
First launch of commercial satellite from floating platform set for Oct. 10

Transportation

Airlines welcome fee cuts, but want more
Interpool makes offer for Cronos Group
Swiss criticize German intermodal pricing
Maze of restrictions hampering trucking companies
CSX, CP bargain over NY access
Drug smugglers use new routes
DOT unveils ITS evaluation guidelines

Maritime

Growth in container volume slows as US cargo market matures
Carrier reports fiscal rebound
Chinese company chosen for third port

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Home

Shippers critical of cargo pooling
National drayage company: idea whose time has come?
CSX, NS restoring service to Southeast; Amtrak is back
Kawasaki, Mitsui to cooperate on commercial liner
Consolidated Freightways and 3M renew domestic long-haul contract
N. Carolina floods slow US auto production
First launch of commercial satellite from floating platform set for Oct. 10

Transportation

Airlines welcome fee cuts, but want more
Interpool makes offer for Cronos Group
Swiss criticize German intermodal pricing
Maze of restrictions hampering trucking companies
CSX, CP bargain over NY access
Drug smugglers use new routes
DOT unveils ITS evaluation guidelines

Maritime

Growth in container volume slows as US cargo market matures
Carrier reports fiscal rebound
Chinese company chosen for third port

web site

Home

Shippers critical of cargo pooling
National drayage company: idea whose time has come?
CSX, NS restoring service to Southeast; Amtrak is back
Kawasaki, Mitsui to cooperate on commercial liner
Consolidated Freightways and 3M renew domestic long-haul contract
N. Carolina floods slow US auto production
First launch of commercial satellite from floating platform set for Oct. 10

Transportation

Airlines welcome fee cuts, but want more
Interpool makes offer for Cronos Group
Swiss criticize German intermodal pricing
Maze of restrictions hampering trucking companies
CSX, CP bargain over NY access
Drug smugglers use new routes
DOT unveils ITS evaluation guidelines

Maritime

Growth in container volume slows as US cargo market matures
Carrier reports fiscal rebound
Chinese company chosen for third port

	web site

Essers Transport remplace Saima Avandero par Serra Merzario Le groupe Essers Transport vient de mettre un terme à sa collaboration avec Saima Avandero, au profit du groupe italien Serra Merzario. Tout cela s'explique par la reprise de 20% des parts de Saima Avandero par ABX Logistics. Le groupe Essers était l'agent exclusif de Saima Avandero en Belgique pour tous les transports terrestres depuis 1994. Avec Merzario comme nouveau partenaire, Essers est assuré d'une part importante du marché du transport combiné vers Italie. Le premier terminal à containers trimodal intérieur bientôt opérationnel "Notre objectif est d'entamer les activités à la mi-octobre", déclare Geert Verbeke, le promoteur et patron du terminal à containers trimodal (TCT), le nouveau terminal à containers terrestre situé le long du canal maritime Bruxelles-Escaut à Willebroek. Une première partie de 7 ha est actuellement en voie d'achèvement et la grue mobile devrait être livrée dans les jours à venir. A. Toubol (Fret SNCF): la rentabilité du combiné implique un concours financier de l'Etat Directeur Fret à la SNCF (chemins de fer français), Armand Toubol appuie sa stratégie sur un credo que l'on peut résumer en retenant l'une de ses phrases: "Si nous ne parvenons pas à proposer un mode de transport fiable, efficace et compétitif, nous ne réussirons pas à convaincre les chargeurs". Or, pour remplir la condition présentée comme nécessaire, les chemins de fer français doivent surmonter plusieurs obstacles. NOL renoue timidement avec les chiffres noirs La presse internationale semble faire grand cas de l'annonce faite par la direction de NOL (Neptune Orient Line) selon laquelle l'entreprise a clôturé les six premiers mois de son exercice dans les chiffres noirs, avec un bénéfice net de 10 mio. de dollars Singapour, contre une perte de 241 mio. à l'issue de la période correspondante de l'année précédente. Fleming Jacobs, le CEO de NOL, a déclaré à cette occasion que la compagnie était sur la bonne voie, mais qu'il nétait pas encore satisfait.

web site

SEPTEMBER 23, 1999

Maritime Contract News

Groupe Desgagnes Expands Fleet
Baltimore Marine Industries Awarded Various Contracts

Breaking News

First K98MC Engine Is Successfully Tested
Defense Authorization Conferees Support Navy/Shipbuilding Industry

web site

SEPTEMBER 23, 1999

Maritime Contract News

Groupe Desgagnes Expands Fleet
Baltimore Marine Industries Awarded Various Contracts

Breaking News

First K98MC Engine Is Successfully Tested
Defense Authorization Conferees Support Navy/Shipbuilding Industry

web site

Feature

Clarity. The example of Switzerland shows that the diversity in international air carriage legislation is screaming for unification.

Maritime

Hapag-Lloyd: no merger or takeover in sight. Even though Hapag-Lloyd has no shortage of merger and takeover offers, the German carrier is very pleased with its current position as member of a large alliance.
Cho Yang now offers calls at the Japanese port of Iyomishima within Pusan-Japan service.
Bolt Canada Line streamlines its Canada service.
P&O Nedlloyd can now operate its own Shenzhen/China subsidiary.
There is no change in sight yet for ocean shipping - but liner shipping is doing well under the circumstances.

Ports and Terminals

Shenzhen is gaining ground against Hong Kong.
Marseilles handled more breakbulk for the first seven years of 1999.
PSA and Reed Exhibitions will jointly organize SingaPort.
Charleston has shown strong growth in TEU.
Ceres Amsterdam will begin construction in October.
ICTSI obtains funds for more port concessions.

Forwarding

During the first half of 1999 Tibbet & Britten grew organically.
Hartrodt buys a 50% stake in Cargo Alliance/Mississauga.
Hays reports higher income for financial year 1998/99.

Aviation

Weaker half-year results for SAir Group. The varying success of the group's subsidiaries confirms the growth strategy in flight-related fields.
LH Cargo launches a cargo service between Frankfurt and Manila.
Delta Airlines and American Airlines add flights to France.
Delta Airlines and Air France will form a new alliance with Aero Mexico as the third partner.
Worldwide Flights Services is on a determined expansion course.
Jan De Rijk uses more rail for KLM Cargo.
ATS Linz represents Virgin in Austria.
DHL plans to triple the number of its Japanese branches.

web site

Feature

Clarity. The example of Switzerland shows that the diversity in international air carriage legislation is screaming for unification.

Maritime

Hapag-Lloyd: no merger or takeover in sight. Even though Hapag-Lloyd has no shortage of merger and takeover offers, the German carrier is very pleased with its current position as member of a large alliance.
Cho Yang now offers calls at the Japanese port of Iyomishima within Pusan-Japan service.
Bolt Canada Line streamlines its Canada service.
P&O Nedlloyd can now operate its own Shenzhen/China subsidiary.
There is no change in sight yet for ocean shipping - but liner shipping is doing well under the circumstances.

Ports and Terminals

Shenzhen is gaining ground against Hong Kong.
Marseilles handled more breakbulk for the first seven years of 1999.
PSA and Reed Exhibitions will jointly organize SingaPort.
Charleston has shown strong growth in TEU.
Ceres Amsterdam will begin construction in October.
ICTSI obtains funds for more port concessions.

Forwarding

During the first half of 1999 Tibbet & Britten grew organically.
Hartrodt buys a 50% stake in Cargo Alliance/Mississauga.
Hays reports higher income for financial year 1998/99.

Aviation

Weaker half-year results for SAir Group. The varying success of the group's subsidiaries confirms the growth strategy in flight-related fields.
LH Cargo launches a cargo service between Frankfurt and Manila.
Delta Airlines and American Airlines add flights to France.
Delta Airlines and Air France will form a new alliance with Aero Mexico as the third partner.
Worldwide Flights Services is on a determined expansion course.
Jan De Rijk uses more rail for KLM Cargo.
ATS Linz represents Virgin in Austria.
DHL plans to triple the number of its Japanese branches.

web site

Feature

Clarity. The example of Switzerland shows that the diversity in international air carriage legislation is screaming for unification.

Maritime

Hapag-Lloyd: no merger or takeover in sight. Even though Hapag-Lloyd has no shortage of merger and takeover offers, the German carrier is very pleased with its current position as member of a large alliance.
Cho Yang now offers calls at the Japanese port of Iyomishima within Pusan-Japan service.
Bolt Canada Line streamlines its Canada service.
P&O Nedlloyd can now operate its own Shenzhen/China subsidiary.
There is no change in sight yet for ocean shipping - but liner shipping is doing well under the circumstances.

Ports and Terminals

Shenzhen is gaining ground against Hong Kong.
Marseilles handled more breakbulk for the first seven years of 1999.
PSA and Reed Exhibitions will jointly organize SingaPort.
Charleston has shown strong growth in TEU.
Ceres Amsterdam will begin construction in October.
ICTSI obtains funds for more port concessions.

Forwarding

During the first half of 1999 Tibbet & Britten grew organically.
Hartrodt buys a 50% stake in Cargo Alliance/Mississauga.
Hays reports higher income for financial year 1998/99.

Aviation

Weaker half-year results for SAir Group. The varying success of the group's subsidiaries confirms the growth strategy in flight-related fields.
LH Cargo launches a cargo service between Frankfurt and Manila.
Delta Airlines and American Airlines add flights to France.
Delta Airlines and Air France will form a new alliance with Aero Mexico as the third partner.
Worldwide Flights Services is on a determined expansion course.
Jan De Rijk uses more rail for KLM Cargo.
ATS Linz represents Virgin in Austria.
DHL plans to triple the number of its Japanese branches.

web site

Feature

Clarity. The example of Switzerland shows that the diversity in international air carriage legislation is screaming for unification.

Maritime

Hapag-Lloyd: no merger or takeover in sight. Even though Hapag-Lloyd has no shortage of merger and takeover offers, the German carrier is very pleased with its current position as member of a large alliance.
Cho Yang now offers calls at the Japanese port of Iyomishima within Pusan-Japan service.
Bolt Canada Line streamlines its Canada service.
P&O Nedlloyd can now operate its own Shenzhen/China subsidiary.
There is no change in sight yet for ocean shipping - but liner shipping is doing well under the circumstances.

Ports and Terminals

Shenzhen is gaining ground against Hong Kong.
Marseilles handled more breakbulk for the first seven years of 1999.
PSA and Reed Exhibitions will jointly organize SingaPort.
Charleston has shown strong growth in TEU.
Ceres Amsterdam will begin construction in October.
ICTSI obtains funds for more port concessions.

Forwarding

During the first half of 1999 Tibbet & Britten grew organically.
Hartrodt buys a 50% stake in Cargo Alliance/Mississauga.
Hays reports higher income for financial year 1998/99.

Aviation

Weaker half-year results for SAir Group. The varying success of the group's subsidiaries confirms the growth strategy in flight-related fields.
LH Cargo launches a cargo service between Frankfurt and Manila.
Delta Airlines and American Airlines add flights to France.
Delta Airlines and Air France will form a new alliance with Aero Mexico as the third partner.
Worldwide Flights Services is on a determined expansion course.
Jan De Rijk uses more rail for KLM Cargo.
ATS Linz represents Virgin in Austria.
DHL plans to triple the number of its Japanese branches.

web site

Feature

Clarity. The example of Switzerland shows that the diversity in international air carriage legislation is screaming for unification.

Maritime

Hapag-Lloyd: no merger or takeover in sight. Even though Hapag-Lloyd has no shortage of merger and takeover offers, the German carrier is very pleased with its current position as member of a large alliance.
Cho Yang now offers calls at the Japanese port of Iyomishima within Pusan-Japan service.
Bolt Canada Line streamlines its Canada service.
P&O Nedlloyd can now operate its own Shenzhen/China subsidiary.
There is no change in sight yet for ocean shipping - but liner shipping is doing well under the circumstances.

Ports and Terminals

Shenzhen is gaining ground against Hong Kong.
Marseilles handled more breakbulk for the first seven years of 1999.
PSA and Reed Exhibitions will jointly organize SingaPort.
Charleston has shown strong growth in TEU.
Ceres Amsterdam will begin construction in October.
ICTSI obtains funds for more port concessions.

Forwarding

During the first half of 1999 Tibbet & Britten grew organically.
Hartrodt buys a 50% stake in Cargo Alliance/Mississauga.
Hays reports higher income for financial year 1998/99.

Aviation

Weaker half-year results for SAir Group. The varying success of the group's subsidiaries confirms the growth strategy in flight-related fields.
LH Cargo launches a cargo service between Frankfurt and Manila.
Delta Airlines and American Airlines add flights to France.
Delta Airlines and Air France will form a new alliance with Aero Mexico as the third partner.
Worldwide Flights Services is on a determined expansion course.
Jan De Rijk uses more rail for KLM Cargo.
ATS Linz represents Virgin in Austria.
DHL plans to triple the number of its Japanese branches.

	web site

Halla bulker orders axed LETTERS HAVE BEEN SENT to shipowners cancelling the first in a series of 30 potentially loss-making orders for bulkers at the bankrupt Halla yard Running the ship Okpo to get its freedom Greek set for Suezmaxes Hyde invades the Big Apple Tanker fixes Detentions Casualties