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Compromise reached at IMO on tanker phase out
[SINGAPORE] The highly contentious phasing out of single-hull tankers has been eased by a possible compromise deal reached late last week by government and industry delegates to the United Nations' International Maritime Organisation (IMO).
Feeder operator expands regional network, fleet
PSA sets vessel productivity record

Air and Land Transport

Continental steps in with offer for some US Air assets
[NEW YORK] Continental Airlines Inc has offered to buy the assets that US Airways Group Inc plans to sell to an entrepreneur in order to pre-empt regulatory concerns about US Air's pending sale to United Airlines, letters from Continental show.
Air China, Lufthansa sign code-sharing agreement
Japan Air System planning to renew ageing Airbus fleet
Thai airline to begin domestic service within Cambodia
European airlines' transatlantic traffic up 4.9%

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Shipping News

Compromise reached at IMO on tanker phase out
[SINGAPORE] The highly contentious phasing out of single-hull tankers has been eased by a possible compromise deal reached late last week by government and industry delegates to the United Nations' International Maritime Organisation (IMO).
Feeder operator expands regional network, fleet
PSA sets vessel productivity record

Air and Land Transport

Continental steps in with offer for some US Air assets
[NEW YORK] Continental Airlines Inc has offered to buy the assets that US Airways Group Inc plans to sell to an entrepreneur in order to pre-empt regulatory concerns about US Air's pending sale to United Airlines, letters from Continental show.
Air China, Lufthansa sign code-sharing agreement
Japan Air System planning to renew ageing Airbus fleet
Thai airline to begin domestic service within Cambodia
European airlines' transatlantic traffic up 4.9%

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Maersk Sealand to restructure Pacific services The net results of the Nivenber shuffle will be faster, direct service from Hong Kong and South China to the East Coast. Several strings of vessels are involved. House ethics committee censures transport chairman Shuster The ethics committee has reprimanded Transportation Committee Chairman E.G. "Bud" Shuster for "serious official misconduct" over his ties to former chief-of-staff-turned-lobbyist Ann M. Eppard and other, campaign-related improprieties. British Airways' restructuring would cut routes, slash jobs Pegasus leases two freighters to Varig Clinton veto over Mississippi River environmental issue stalls water bill Grace period ends for 'Exporter of Record' rule Correction Italian, Swiss railroads delay merger of freight divisions The Readers Speak: Let merit decide China air choice Singapore Airlines confirms interest in Air India France repairs fire-damaged tunnel Australian Freight Services appoints Naigai Trans Line as Japanese agent

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Taiwan-China to begin limited direct contact Norasia makes Israel calls Reshuffle in Australia trade MCL Colombo service MASKargo truck flights KLM flies fuel surcharge Lufthansa wings it Macau continues to rise Qantas Freight appointment

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OCTOBER 10, 2000
Struggle for US Airways Code-sharing Lufthansa and Air China; Frankfurt-China Lifting of aviation embargo on Serbia Korean Air with JFK cargo center

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Fairmacs Shipping first to close consol box at ICD-Madurai Fieo asked to submit data on goods for protection under 'geographical' Act Exim Bank pact with EBRD Customs allows sealing of boxes at RCT-Vadodara Coffee exports maintain steady trend CLE to prepare five-year leather export strategy by Nov. 3 Export Import Workshop completes 8 batches New textile policy to take shape Direct air cargo flight from Coimbatore to Gulf launched India Knit Fair at Tirupur Leather glove exporters seek duty-free entry into US market Concor to hold 'Trade Meet' at CFS-Mulund (E) tomorrow User investment in Ennore Port Phase II under study New tug commissioned in Mumbai Port Hike dumping margin to protect SSIs, suggests Ficci Minister asks apex chambers to submit blueprint for recovery SCI Board discusses restructuring plan

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OCTOBER 10, 2000
OPEC may cut production in second quarter 2001 St. Petersburg and Faroes Shelf price indications Holding back oil supplies is not an option IEA report: Oil market on a tightrope Singapore today A cold US and heated Mideast bolster crude

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OCTOBER 10, 2000
ABP to develop Dibden box terminal Delmas drops Douala Maersk Sealand increases transpacific capacity ACL charters space on new Grand Alliance trans-Atlantic loops P&O Nedlloyd absorbs Harrison Line New Jacksonville/Freeport feeder service Maersk Sealand container terminal orders ten new Kalmar straddle carriers

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OCTOBER 10, 2000
Tidewater buys platform supply vessels Tidewater Inc. has entered into agreements to purchase two 236-foot UT755L platform supply vessels. Star to challenge AMCV in Hawaii market Star Cruises is to switch its 76,800 dwt SuperStar Leo to its Norwegian Cruise Line brand, renaming it and deploying it year- round in Hawaii on seven-day itineraries from November 2001. Glomar appeals Harland & Wolff decision The High Court in London has granted Global Marine Inc. leave to appeal an arbitration tribunal decision that it pay Belfast shipbuilder Harland & Wolff approximately $31 million Teekay Shipping selects DNV for services contract Following an internal review of classification society services, Teekay Shipping has chosen Det Norske Veritas (DNV) for a wide range of services.

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Customs strike averted Express Air adds handling arm Nepotism claimed in Spoornet appointments... SA company probes Africa's air safety Speak out now on CASS issues World's largest cargo operation takes off Back on board! US slams poultry anti-dumping duties What's your view on liner waybills? New Europe service hits the right note Local company pumps into Africa Moz to reopen war-ravaged rail line Transparency of the highest order! Driver productivity has improved 100% Lines' free storage excuse is 'absolute nonsense' Special unit will beef up porous Swazi customs Bunkers in focus Mercedes shipment spearheads drive into Japanese market Boat builders win gold on US export market Export wine gets a new image Airworld joint venture pumps up tonnages Better yields on the cards More airports will extend trade access - Buthelezi Emirates adds capacity Fuel hikes batter local airlines New Windhoek airport keeps it cool Boeing looks at longer range New cooler refreshes flower exports Emirates creates on-line chat room KLM seeks suitor for CSC Bremner will focus on profitability and cost-efficiency August stats confirm market sentiment Business upturn defies reason Flagged down by JTR! Growing trade is Turkish delight Importers and exporters mix in Japan trade body offers exporters a helping hand Local company pumps into Africa Transparency of the highest order! Driver productivity has improved 100% A-maize-ing volumes move into Africa NIDS streamlines three more border posts

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OCTOBER 10, 2000
Arzoon, A.T. Kearney Partner ALK Rolls Out Web-based Routing Body Shop Teams with Danzas AEI EU Expands Deutsche Post Probe TPG Wins E-Commerce Contract Fine Air Files for Bankruptcy

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Frontline in chase for VLCCs JOHN Fredriksen's Frontline is competing with Japanese owners to take up to three early-delivery VLCCs from Hitachi's Ariake shipyard. From France to Norway, from Caribbean to Far East The 39-year-old cruiseship Norway, once the transatlantic liner France, is being switched from the Caribbean to the Far East next autumn, writes David Mott. Lloyd's Register hit as Teekay quits LLOYD'S Register of Shipping has suffered a major classification setback, as rival Det Norske Veritas snapped up 15 ships operated by Teekay Shipping that were formerly classed by the London society. Accountant claims race discrimination A 57-year-old Guyanese-born accountant has claimed racial discrimination against classification society, Lloyd's Register of Shipping, at an industrial tribunal held in London, writes David Mott. ITF plea for striking crew of St George in wage dispute TRANSPORT union representatives were urgently trying to secure assurance yesterday over the future of unpaid mariners on the Greek-owned handymax bulker St George, which has been banned from European ports and stranded in the Lithuanian port of Klaipeda since early August with few provisions on board. State aid go-ahead on Rotterdam rail projects THE European Commission has cleared Dutch state aid for construction and expansion of two intermodal rail terminals in Rotterdam, at RSC Rotterdam and European Container Terminal, writes Nigel Tutt, Brussels. Canal tolls rise again to pay for new locks PANAMA Canal tolls are to go up again to fund the waterway's expansion plans and the construction of a new set of locks. The MSC Sandra, one of the largest ships in Mediterranean Shipping Company's box fleet, The MSC Sandra, one of the largest ships in Mediterranean Shipping Company's box fleet, is pictured in port at Le Havre on her maiden voyage. The vessel, which is the fourth of a series of five, was delivered this year by Hanjin Heavy Industries of Ulsan. The vessel, which has a capacity of 4,056 teu and is deployed in MSC's Europe-Asia service, is 244 m long, 32.2 m wide and has a draught of 13 m.

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OCTOBER 10, 2000
Teekay class choice 'made on price' EU builders call EGM over Korea Hutchison loses SBMA petition Chartering 'is best' for Pertamina Gulf states warn EU on tariffs Oz ports hit box-moves high Chinese export growth set to fall MFD compensation claims start Erika judge accuses RINA Asiaship.com hits funding crunch Strike disrupts Greek ports Alang breakers put to the torch SCI delays re-structuring decision India revives shipping subsidies Customs clean-up has double meaning

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Yangming évolue progressivement vers une dimension supérieure Escale remarquée lundi dernier au terminal à marée de l’Europe de la Hessenatie du “Ming Plum”, le premier d’une série de 7 PC de 5.550 TEU commandés par l’armement Yangming et qui faisait son maiden trip en Europe. C’est d’autre part le plus grand PC que la Hessenatie a réceptionné jusqu’ici à son terminal. En janvier prochain, la deuxième unité du même type, le “Ming Orchaid” sera également alignée dans le service AEE (Asia Europe Express”, que Yangming assure avec ses propres navires, mais qui s’inscrit également dans le cadre d’une coopération sous forme d’échange de slots avec Cosco et K Line. Les illégaux risquent de causer des pertes de trafic à Zeebrugge et Ostende L’attitude intransigeante des douanes britanniques et l’incapacité des ports autres que Calais à contrôler efficacement les camions risquent d’avoir des conséquences pour les ports de la mer du Nord. Du fait des contrôles sévères à Calais, en effet, le problème des illégaux se déplace de plus en plus vers les ports de Zeebrugge, Ostende, Flessingue et Rotterdam. Entre-temps, un transporteur allemand a reçu ce qui est probablement l’amende la plus lourde à ce jour: 30.000 GBP, soit 2 mio. de BEF. Le tunnel du Mont-Blanc ne sera rouvert que vers la mi-2001 La préparation des travaux de reconstruction et de modernisation du tunnel du Mont-Blanc a été entamée cette semaine du côté français de l’ouvrage. Le tunnel est fermé à la circulation depuis le mois de mars 1999, après le tragique accident qui a coûté la vie à une quarantaine de personnes. Les travaux, qui coûteront l’équivalent de 8 mia. de BEF, devraient être terminés fin mars 2001. La direction, totefois, n’exclut pas dès à présent que cette date ne pourra être respectée. Certaines sources parlent de “la mi-2001”, et d’autres même d’”une bonne année”. Anmar Line relance un service régulier sur la Turquie et la mer Noire Le 23 octobre prochain aura lieu à Anvers le premier départ de la compagnie Anmar Line, avec le m/v “Soodla”, un multipurpose boxshape singledecker de 5.850 t.dw, à destination de la Turquie et de la mer Noire, les ports concernés étant Gemlik, Ambarli et Istanbul. Dans le cadre de ce service régulier, la fréquence sera d’un départ tous les 21 jours. D’autres ports pourront être desservis en mer de Marmara et en mer Noire, et Izmir. Anmar Line est en fait le nouveau nom adopté pour la relance de ce type de service, dont les exploitants ont une expérience de ce trafic de plus de trente ans. Cet armement dépend en fait du groupe United Logistics & Shipping Operators Ltd. (Unilog). Ce dernier est composé d’intérêts européens impliqués dans le shipping et le négoce.

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OCTOBER 10, 2000
SSY Indicies Rise Erika Oil Washing Ashore Again Big Oil Profits Expected To Fly High

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Tanker Pacific revises salvage plan Ofer Group company to unload entire cargo before refloating Natuna Sea. Polembros tanker in trouble again The Neptune Dorado has fallen foul of the US Coastguard because of hydrocarbon vapour in ballast tanks, less than three weeks after it was detained on safety grounds. Cruise contracts put RINA in the money A deal to class the Costa Atlantica as well as several other Carnival newbuildings has boosted the finances of Genoa based RINA. Newbuilding resale market hots up Shipowners with newbuilding contracts are looking at healthy profits if they sell to rivals, as a reported suezmax deal shows. Norden ups profit forecast The hot tanker market is prompting Norden to talk up its end year profits. Hong Kong nets 12 offenders A total of 62 vessels have been detained in Hong Kong by port state control so far this year. Costamare inks in boxship orders Details are beginning to emerge about Costamare Shipping's containership newbuilding orders in Korea. Record profit for Nordic American Suezmax earnings are the best Herbjorn Hansson has known during a thirty-year career. NEL planning Med-Link expansion Greek ferry operator NEL is planning to renovate or add to the fleet of subsidiary Med-Link with some of the cash from a $56m share issue. Teekay dumps Lloyd's Register The Aframax operator is to reclass a large chunk of its tanker fleet with DNV.