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Shipping News

Shape up or drop S'pore flag, MPA warns tanker owner
[SINGAPORE] The owner of the Singapore-flagged tanker, Neptune Dorado, detained in San Francisco Bay, has been given three weeks to make good the defects or risk being de-registered.
ICTSI turns down all offers for port unit
DNV, Lloyd's Register reply

Air and Land Transport

Asia-Pac airlines forecast to lead demand for new large aircraft
[HONGKONG] Asia-Pacific airlines look set to lead world demand for new jumbo sized aircraft in the next 20 years amid growing passenger traffic in the region, Europe Airbus Industrie said yesterday.
Boeing to take over Hawker de Havilland
Haneda airport expansion urged
Continental Air's Q3 profit rises 32%
ANA to extend New Year fare discounts
Cathay to spend HK$2b in e-commerce

Features

Waking up to pilot fatigue
US aviation authorities are in hot soup for being slack in tackling the problem.

web site

Shipping News

Shape up or drop S'pore flag, MPA warns tanker owner
[SINGAPORE] The owner of the Singapore-flagged tanker, Neptune Dorado, detained in San Francisco Bay, has been given three weeks to make good the defects or risk being de-registered.
ICTSI turns down all offers for port unit
DNV, Lloyd's Register reply

Air and Land Transport

Asia-Pac airlines forecast to lead demand for new large aircraft
[HONGKONG] Asia-Pacific airlines look set to lead world demand for new jumbo sized aircraft in the next 20 years amid growing passenger traffic in the region, Europe Airbus Industrie said yesterday.
Boeing to take over Hawker de Havilland
Haneda airport expansion urged
Continental Air's Q3 profit rises 32%
ANA to extend New Year fare discounts
Cathay to spend HK$2b in e-commerce

Features

Waking up to pilot fatigue
US aviation authorities are in hot soup for being slack in tackling the problem.

web site

Shipping News

Shape up or drop S'pore flag, MPA warns tanker owner
[SINGAPORE] The owner of the Singapore-flagged tanker, Neptune Dorado, detained in San Francisco Bay, has been given three weeks to make good the defects or risk being de-registered.
ICTSI turns down all offers for port unit
DNV, Lloyd's Register reply

Air and Land Transport

Asia-Pac airlines forecast to lead demand for new large aircraft
[HONGKONG] Asia-Pacific airlines look set to lead world demand for new jumbo sized aircraft in the next 20 years amid growing passenger traffic in the region, Europe Airbus Industrie said yesterday.
Boeing to take over Hawker de Havilland
Haneda airport expansion urged
Continental Air's Q3 profit rises 32%
ANA to extend New Year fare discounts
Cathay to spend HK$2b in e-commerce

Features

Waking up to pilot fatigue
US aviation authorities are in hot soup for being slack in tackling the problem.

	web site

Varig logistics unit open to foreign investment Brazil's largest airline is looking for a partner for its new logistics subsidiary, said Ozires Silva, Varig's president and chief executive. Brazilian law, however, would limit foreign partners to a 20% stake. Cargo volume hits record high at NY-NJ port The port's share of the North Atlantic market increased to 58% in first half of this year from 57% in the similar period of 1999, while handling more than 1 million containers, a gain of 7%. Kitty Hawk receives court approval of disclosure statement GM acquires small stake in TMM division Ports to seek ballast-water legislation Massport, ILA reach agreement AAPA honors ILA's Bowers Crowley promotes Bill Pennella to vice chairman, executive VP Uneasiness over stock market won't delay Easyjet IPO Ontario to order shippers, truckers to pay fuel surcharges to independent operators TNT cranks the pace of technology Transportation.com names vice president of finance

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PTP on record streak Trans Pacific Lines comes calling at Hong Kong Lloyds leader lands for lunch Rickmers orders Chinese for bigger deliveries China relaxes forex rules Yangming adds tonnage to Europe/Far East service PTP on record streak Kenwood distribution centre Cathay aims for e-commerce supremacy Shanghai pleasure cruise Successors assume position of retiring executives at UPS

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OCTOBER 17, 2000
TNT Post in dotcom investment company Open Air negotiations US/UK delayed Backlogs in pacific air cargo transport P&O Nedlloyd and TCII sign South Africa agreement Amsterdam Airport investing in New York Net profit Continental up 32 percent ShipVertical with CertCo system

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Carrier Transicold conducts reefer box training course 'Indian shipping needs $ 5 bn to modernise, expand' Scope to boost herbal drugs exports Namibia seeks tie-ups in pharma sector Prabhu to review commodity boards' roles Scope to boost aquaculture exports seen Onion exporters want quota system to go 1st factory-stuffed container sealed at RCD, Vadodara Tea unit price down 15 pc Major Ports' performance improving: Vasudevan Textile gear units see emerging market in SSI spinning sector Govt may reduce Cenvat rate in 2001-02 Budget Rlys not to hike freight rates for now Excise duty cut for composite textile mills, hints Rana Fin. Ministry announces fresh concessions for SEZ units Steps to revive industrial growth soon: Sinha Gujarat launches Fund for financing world-class infrastructure projects

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OCTOBER 17, 2000
Win for Venezuelan oil unions after strike Mexican price indications Crude dips as an uneasy peace is reached Russian Government to raise oil export taxes Oman: Oil prices below $25 in 2001 New Company listings and Company updates Asian crude firms as peace talks continue

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OCTOBER 17, 2000
P&O Nedlloyd / TCII sign terminal agreement in South Africa UPS and Boeing pact imminent DCL Australia announces expanded export services DCL opens in Saudi Arabia

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Coast Guard oversees tug assistance of stalled Evergreen container ship Port Tacoma execs attended Alaska chamber of commerce meet Expeditors International reports third quarter net income ahead of estimates Lumber consumption drives 1999 production to seven year highs Northwest ports sponsoring Columbia dredging pleased with $5 million approval

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Aune and NCL in court war STAR Cruises of Malaysia, already embroiled in an Oslo lawsuit with a Saudi billionaire prince, could now have a defamation suit on its hands in America, flowing out of an acrimonious legal battle with former NCL Holding chief executive, Geir Aune. Brussels hints US may join Europe protest over Korean yards THE European Commission sees Japan and "maybe" the US joining any EU complaint to the World Trade Organisation over unfair practices by South Korean shipyards, commission sources said. Ace in move to set up arm on the Rock ACE, one of the world's leading insurance groups, is to establish a significant presence in Gibraltar. Man B&W in early surge ENGINE manufacturer MAN B&W Diesel has started its business year with strong growth figures, writes Marion Schlotmann, Cologne. Its Munich-based parent, MAN, has reported that orders at its diesel engine subsidiary increased by a staggering 77% from E237m ($204.6m) to E419m in the first three months. MAN's business year began on July 1. Gantries set to lift throughput at Le Havre THE port of Le Havre has taken delivery of two new container gantries, the first pair in a FFr160m ($21m) four-crane order placed with Nelcon of the Netherlands by the port authority and stevedoring companies. Grimaldi and ACL mull routes GRIMALDI Group Naples and Atlantic Container Line may start their co-operation by setting up a new joint direct service linking the east coast of North America and the Mediterranean. V.Ships pulls off Asian shipmanagement coup SHIPMANAGEMENT giant V.Ships yesterday pulled off a considerable coup when it announced the merger of its Singapore technical and crew management operations with Andhika ShipManagement, a significant player in the Far East. China's Dalian shipyard China's Dalian shipyard has seen the launch of the first of three Stena 4-Runner Mk II-class ships for Stena Line. This is an enhanced version of the mv Sea Centurion, now on charter to the British Ministry of Defence.

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OCTOBER 17, 2000
P&O Nedlloyd goes 'value-added' Coega signs up P&O Ned Gibraltar appoints terminal adviser Gib to appoint surveyors 'soon' P&O freight ferry holed Freak wave drowns seafarers Petronet extends LNG bid deadline Bank clears road to Subic Waalhaven deepening completed Iraqi sanctions-buster ship seized Hyundai HI to buy back shares V.Ships/Andhika in Singapore merger IHI seeks to cut repair staff Greek ferrymen warned not to strike Chaebols locked out of KHI Australia steps on the gas MPA gets tough on Neptune Dorado BLG looks to the skies Neptune Dorado discharge completed Spain may start deportation ferry

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OCTOBER 17, 2000
La déclaration de politique fédérale comporte un volet 'mobilité' axé sur le rail et la voie d’eau Le problème de la mobilité est un des dossiers prioritaires pour le gouvernement Verhofstadt. Avec son plan de mobilité, la ministre de la Mobilité et du Transport Isabelle Durant avait esquissé une ébauche de la politique de mobilité dans les années à venir. Cette politique accorde une attention particulière au transport ferroviaire et à la voie d’eau en tant qu’alternative au transport routier. Ces modes bénéficieront en conséquence de moyens supplémentaires. La déclaration de politique fédérale a dans les grandes lignes suivi les propositions de la ministre. Fluvial: vers un record historique La navigation intérieure en Flandre se dirige tout droit sur un record historique. Fin septembre, le trafic sur les voies d’eau flamandes avait augmenté de 16,7%. Sur le Canal Albert, la croissance a même atteint 30% exprimée en tonnes/kilomètres. Le nombre d’entreprises optant pour le transport par la voie d’eau et participant au financement des murs de quai augmente. “Il n’y a pas d’alternative”. C’est en ces termes que Filip Martens de Promotie Binnenvaart Vlaanderen (PBV) a résumé la situation lundi soir, dans un exposé à l’Association des Intérêts Portuaires de Gand. Cela ne signifie pas pour autant que tous les problèmes sont résolus. Les transports vers l’Italie sont fortement perturbés par les pluies La situation s’est aggravée dans les Alpes, la pluie continuant à tomber. Dans le nord et l’ouest de l’Italie, et notamment au Piémont et dans le Val d’Aoste où il pleut sans cesse depuis quatre jours, de nombreuses zones sont inondées et coupées du monde. “Les déplacements dans et à destination de ces régions sont forment déconseillés car beaucoup de routes sont coupées à la suite d’éboulements ou d’inondations”, signale la FNTR. La circulation dans certaines parties de la Suisse est également difficile. Le transport combiné vers la péninsule est lui aussi très difficile, voire impossible. Lancement de SkyTeam Cargo le 1er janvier 2001 SkyTeam Cargo, la division fret de l’alliance d’Air France, Delta Airlines, AeroMexico et Korean Air, prendra officiellement son envol le 1er janvier prochain. C’est ce qu’annonce Transports Actualités. La collaboration étroite se manifestera sur le terrain entre autres via le déménagement des bureaux fret d’Air France, AeroMexico et Delta sur JFK vers le nouveau terminal fret de Korean Air Lines au cours du printemps de l’an prochain.

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Ex-Hyundai chairman set to lift HMM stake Chung Mong-hun looks to be raising his stake in Hyundai Merchant Marine. Keppel to jumboise Dutch dredger The Singapore repair yard has picked up its second conversion project in a fortnight. Leif Hoegh loses LNG berth Norwegian owner Leif Hoegh has missed out on an opportunity for a low price, early delivery LNG newbuilding. Soaring earnings prompt Knightsbridge cash bonanza Frontline-managed Knightsbridge Tankers is distributing cash to shareholders after making a killing on its "hell or high water" VLCC charter to Shell. NCL beefs up Star earnings Star Cruises says its third quarter earnings figures are not comparable to last year's because of the acquisition of NCL. V.Ships links with Andhika A Singapore ship management joint venture is being formed by Andhika of Indonesia and V.Ships of Monaco. Superfast to enter domestic ferry market The Express Samina tragedy has given a boost to Attica Enterprises' plans to enter the domestic Greek ferry market.