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Shipping News

Pelepas port will not end up only a Maersk hub: Ipsen
[SINGAPORE] Maersk Sealand is confident that its 30 per cent stake in the new Malaysian Port of Tanjung Pelepas (PTP) - estimated to be worth US$165 million - will not deter other shipping lines from calling the Johor port.
Rates to go up on Far East-West Asia trade
PSA's Voltri terminal's volume up

Air and Land Transport

US unveils plans to lessen air traffic choke points
[WASHINGTON] US Transportation Secretary Rodney Slater announced plans to relieve some of the country's air traffic choke points and to give passengers better information about flight delays and cancellations.
Major Japanese airlines match Skymark's fare cuts
Talks between Air Canada, pilots break down
United orders 12 Airbus jets
Alitalia cuts some Asia, Africa routes
Auckland airport to raise charges

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Shipping News

Pelepas port will not end up only a Maersk hub: Ipsen
[SINGAPORE] Maersk Sealand is confident that its 30 per cent stake in the new Malaysian Port of Tanjung Pelepas (PTP) - estimated to be worth US$165 million - will not deter other shipping lines from calling the Johor port.
Rates to go up on Far East-West Asia trade
PSA's Voltri terminal's volume up

Air and Land Transport

US unveils plans to lessen air traffic choke points
[WASHINGTON] US Transportation Secretary Rodney Slater announced plans to relieve some of the country's air traffic choke points and to give passengers better information about flight delays and cancellations.
Major Japanese airlines match Skymark's fare cuts
Talks between Air Canada, pilots break down
United orders 12 Airbus jets
Alitalia cuts some Asia, Africa routes
Auckland airport to raise charges

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Maersk, CMA-CGM enter Carib vessel-sharing pact The service covers four strings that will offer weekly sailings and, the companies say, the fastest times in the trade. Marad seeks comment on cargo preference reform Agency is considering changing the way it grants waivers to laws requiring that government-generated exports be carried on U.S.-flag ships. CN implements initial phase of e-buy program The railroad's eProcurement initiative will link it with key suppliers. Israel to sell stake in Zim The divestiture is part of a trend to privatize companies. BNSF Web site source of estimated transit times Shippers can find all of the estimated times between any points on the system. Visio still the standard for charts and diagrams The program remains easy to use and is offered in different packages for different user groups. San Juan shuts down as hurricane approaches Descartes loss narrowed in second quarter MOL appoints trans-Pacific marketing manager Italy breaks monopoly, allows private rail freight services Shanghai terminal upgrades online services Sri Lankan airport gets new cargo terminal Chinese court affirms death, prison sentences on 14 pirates Brazil railway opens link between Campinas, Santos Japan Airlines seeking more Cuba charters

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Nabeta expansion Chief changes BAF Phoenix opens Dallas office Yunnan improves connectivity Rotterdam trade to pick up Cosco leans towards logistics MPA accedes to Annex VI SAGT continuing to grow Final Puerto Progresso bidders drawn up Hainan Airlines takes lion's share of Meilan Airport CAS partners web agent Eva boosts capacity with third freighter service AeroMexico-Air France codeshare UPS-National Semiconductor deal

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AUGUST 22, 2000
Maersk Sealand leaves PSA Profit growth OOCL-mother Illegal Eastern European drivers Greenpeace watch in Port of Rotterdam

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SCI may be awarded IOC's Sandheads project Maersk Sealand to shift transhipment hub to Port of Tanjung Pelepas Lloyd Triestino gives Pacific plan details Industry subsidises sugar exports Ground spices net lucrative returns India lifting trade barriers for Saarc nations Iraq places order for 4m. kg tea EC imposes dumping duty on Indian PSF Cotton textiles exports increase by 10 pc in April-July Concor bid to Penetrate Nepal, Bangladesh Tea export rises by 5 million kg Uptrend in cotton yarn exports by EOUs 20 pc growth in engg goods exports Anti-dumping duty imposed on Vitamin C from EU, Russia Powerloom textiles export up 24 per cent German investments on the rise Scrap handling record set at Kandla Port India's fiscal health shows marked improvement India, S. Korea emerging top PC markets: IDC Sinha rules out interest rate hike for now Inflation rate dips Presidential assent for 4 Bills Cathay Pacific to launch new cargo service linking HK-Delhi

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AUGUST 22, 2000
John T. Essberger and VOPAK form alliance for chemical tankers Crowley will run bigger ships to Central America Lloyd Triestino, Evergreen transfer big ships to Asia/Europe trade Cosco rationalizes Asia/Mediterranean AMX service Port of LA approves 25-year Maersk lease Sète and Palma de Mallorca Marseilles-Tangier ferry line New namesake Walloon helps little ones Kintetsu World lands at Liège Müller Liner Agencies Antwerp Rapid Transit Team Cenargo marries Virgin England's sought-after railroad lines Frans Maas in Belfast Cargo boom from Eurotunnel Dragonair Cargo British Airways Lufthansa TT-Line launches first RoRo newbuilding

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AUGUST 22, 2000
Costa places $350 million order with Masa Yards Kvaerner has signed a contract with Costa Crociere SpA, the Italian 50:50 affiliate of Carnival Corporation and Airtours, for the construction of a further 86,000 grt cruise ship to be built by Kvaerner Masa-Yards at its Helsinki Shipyard in Finland, for delivery in the spring of 2003.

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Controversial Estonia dive is on A US-led team of divers was to begin investigating the wreck of the ferry Estonia yesterday, which sank in the Baltic Sea in 1994 with the loss of 852 lives. Tanker rates hit $100,000 THE first $100,000-a-day VLCC charter for over quarter of a century has reportedly been agreed, as soaring tanker market confidence prompted a leading owner to claim rates could touch the $200,000 mark. Kvaerner stands firm on Aker offer price KVAERNER said yesterday it would not raise an all-paper takeover bid it launched on Oslo-listed offshore supplier Aker Maritime earlier this month, despite Aker Maritime owner Kjell Inge Røkke's having called the offer "too low". Osprey stock soars on Fredriksen stake swoop OSPREY Maritime's shares soared a massive 28.28% yesterday following news that Norwegian shipping magnate John Fredriksen had bought a 22.46% stake from Indonesian investors. Mystery surrounds fabulous yacht Mystery and intrigue have surrounded the luxurious super-yacht Le Grand Bleu as she visits south coast ports after completing a four month long shakedown cruise of the Mediterranean. Offshore sector cool on decommissioning rules The UK Offshore Operators Association has offered a qualified welcome to new guidance notes on the decommissioning of offshore oil and gas installations, issued yesterday by the UK's Department of Trade and Industry. Tsavliris in final phase of 'lost' Anemone mission GREEK salvor Tsavliris has embarked on the last phase of an operation to salve a 17,180-tonne multipurpose cargoship which was feared sunk off the South American coast earlier this month. Stolt Offshore studies Kursk lifting operation STOLT Offshore, the Norwegian firm whose divers opened the sunken Russian submarine Kursk, agreed yesterday to study how to salvage it or recover the bodies of the 118 crew.

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AUGUST 22, 2000
Forth explores Oz ports bid ABP wins Troon ro-ro approval Skyros master still in gaol Stevedores plan Montevideo bid Passengers abandon blazing Dolphin Tanker strength boosts Frontline Sleipner wreck raised Profits rise at Auckland HIT follows Mærsk lead Flender starts on floating dock Fourteen bid for Haldia berths Fredriksen swoops on Osprey

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Sabena s'enfonce encore plus dans le rouge Sur les 6 premiers mois de l'année 2000, Sabena a noté une perte nette de 3,37 mia. de BEF (83,6 mio. d'EUR), malgré une hausse de 12,8% de son chiffre d'affaires. Des mesures urgentes s'imposent dès lors, déclare le président et CEO de la compagnie, Christoph Müller. Le port d'Amsterdam se dirige vers un nouveau record de transbordement Zeehavens Amsterdam a noté une hausse de 10% du transbordement de marchandises à 31,5 mio. de t au cours du premier semestre de l'année. La croissance a été observée dans tous les secteurs. Amsterdam fait donc partie des ports à connaître les plus rapides croissances dans la rangée Le Havre/Hambourg et pourra, à ce rythme là, largement dépasser les 56 mio. de t de 1999. K Line va réaliser un ambitieux programme de développement Le groupe K Line s'emploie actuellement à réaliser d'ici le début 2003 un important programme de développement, qui intéresse ses divers secteurs d'activité, qu'il s'agisse du liner containérisé, du transport de voitures ou du transport énergétique.

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AUGUST 22, 2000
Friede Goldman Halter Withdraws Junk Bond Sale Divers Begin Investigation of Estonia Wreck Norwegian Firm To Study Sub Salvage Transocean Buys R&B Falcon In $5.3B Stock Deal Cruise Companies Cited For Excessive Smoke