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Shipping News

China an opportunity, not a threat: Minister Yeo
CHINA should be viewed as an opportunity and not a competitive threat to Singapore's dominance as a container transhipment hub.
Bigger ships not always better: expert
Liberian Registry swelling despite ITF's boycott calls
Carnival to cut commissions for agents on air fares
Klang port operators get union nod for merger by year-end

Air and Land Transport

EU lawmakers call for more air passenger rights
EUROPEAN Union lawmakers were expected to call for quicker steps to enhance the rights of airline passengers, including increased compensation for travellers denied seats because planes are overbooked.
Thai Airways seeks foreign partner in 8-9 months
Air France starts new round of training flights for Concorde
Taiwan airline in deal to invest in China Eastern
SIA, Virgin Atlantic to code share
British Airways to axe 1,800 staff by Dec
Taiwan to grow travel links with China

web site

Shipping News

China an opportunity, not a threat: Minister Yeo
CHINA should be viewed as an opportunity and not a competitive threat to Singapore's dominance as a container transhipment hub.
Bigger ships not always better: expert
Liberian Registry swelling despite ITF's boycott calls
Carnival to cut commissions for agents on air fares
Klang port operators get union nod for merger by year-end

Air and Land Transport

EU lawmakers call for more air passenger rights
EUROPEAN Union lawmakers were expected to call for quicker steps to enhance the rights of airline passengers, including increased compensation for travellers denied seats because planes are overbooked.
Thai Airways seeks foreign partner in 8-9 months
Air France starts new round of training flights for Concorde
Taiwan airline in deal to invest in China Eastern
SIA, Virgin Atlantic to code share
British Airways to axe 1,800 staff by Dec
Taiwan to grow travel links with China

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Reederei christens tenth Samsung vessel China invests in northern airport projects Emery Worldwide in US-Mexico border expansion Braathens on brink of bankruptcy: SAS China Airlines cargo goes online Dragonair back to Ningbo

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SEPTEMBER 5, 2001
BA to cut 1,800 jobs Loss Air France air cargo APL and Evergreen lose market share KLM Cargo load factor sharply down

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Goyal assures time-bound programmes for ports, shipping Experts at seminar outline steps to boost tobacco exports Fresh flower exports up 13.6 pc Business with Iraq poised for growth after CII team's visit to Baghdad Dumping probe into Chinese drug begun Bike makers set for roaring business with Chinese co. Cochin Port offers to be Colombo alternative Concor-JNPT seminar on 'Intermodal Aurangabad' today Parliament passes 4 major economic bills in monsoon session Auto industry to press Sinha for sops at Sept. 7 meeting SEA for hike in edible oil import duty CBU imports by auto makers under FIPB core group scrutiny Import tariffs slated for mid-year correction - Products for potential duty hikes being listed CBDT notifies final transfer pricing rules clarifying prospective application of documentation needs Cotton textile exports projected to triple to $ 11 bn by end of decade Textile industry all for Cenvat chain Sugar production increases to 183 lakh tonnes Rs 100-crore biotech venture fund soon Govt postpones solvents order till October-end Trade Queries Answered PM convenes meet on core projects

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SEPTEMBER 5, 2001
Montreal prices consolidate lower, Halifax steady Bunker avails improving in South Africa Suez Canal prices only slightly firmer Arab Gulf prices consolidate after August rise Brazil prices up by $3 Singapore still largely steady Crude oil a little soft ahead of APIs Petroplus' acquisition of Frisol completed New Posted prices from Saudi Arabia Argentinean bunker indications this week Montevideo/Alpha Zone bunker market update

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SEPTEMBER 5, 2001
P&O Group reports 3% fall in half-year profit Court ends Cho Yang's rescue proceedings CMA CGM and China shipping to cut back Pacific services Inchcape and RioMar launch joint U.S Gulf ship agency China Southern launches direct China/Japan service AISA names Giovanetti president Stolt-Nielsen transportation group chairman resigns Dollar Tree Stores select LOG-NET for supply chain services Hellmann introduces services to help shippers comply with customs rules MTMC experiences drop in one-time-only shipment processing DCL Announces Faster Transit Times from Montreal and Toronto Inland shipping freight market, week 35

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SEPTEMBER 5, 2001
Port of Portland Commissioners offer executive director post to Bill Wyatt NYK scales-back leased boxes in favor of owning own containers US commercial officer stationed in Beijing will give free talk at Tacoma lunch meeting Panama Canal Authority raising rates on tugboat and line-handling services US Commerce secretary leading trade team to Russia

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Panamaxes 'on bungee jump' THE panamax dry cargo markets may be in the doldrums right now, but London's Clarkson Research Studies has offered owners a light-hearted glimmer of hope for the future, writes Brian Reyes. ... Arrest of Abu Dhabi boxships decimates staff at ADX ADX, one of the shareholders in Abu Dhabi Container Lines, has been reduced to a skeleton staff after the departure of most of its employees last week. The redundancies followed the suspensi... Round Table in ship glut warning IN AN unprecedented display of solidarity, international shipowners' organisations have come together to warn about an excess of shipbuilding capacity which they are worried will flood the wo... BHP-Billiton to dump breakbulk By Sandy Galbraith in Melbourne BHP Billiton has completed a strategic review of its transport and logistics requirements. As a result, it plans to sell its breakbulk stevedoring operations...

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SEPTEMBER 5, 2001
Australia will try Indonesian seamen What's behind the Orkney box bid? Clarkson first half profits leap Charterers in the spotlight Algeciras mulls spill barrier Singapore to back shipping Korea and China plan maritime talks Pakistan guns for ex-PNSC chief IRISL deal likely for Bandar Abbas Global merges with Santa Fe Greek shipping wins tax breaks Raising Erika wreck is "premature" Stolt-Nielsen hands over reins Oz seeks compulsory Torres pilotage Fatal tug capsize probe launched P&O Ports dumps Kandla Central American ferry bids delayed Evergreen slams Panama corruption Another Greek port collision Clarkson vows return to management

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SEPTEMBER 5, 2001
Lufthansa Cargo offers rate deal The airline wants its customers to share the risk of the ups and downs in the air freight market, so it's willing to trade rate increases in exchange for long-term contracts. China Shipping, CMA CGM combine trans-Pacific services The carriers plan to combine two services, and eliminate Oakland as a port of call for exports. Houston cargo falls Volume through July lagged 2000 levels, the port said. FedEx offers online discount Senate turns back export bill amendment Seoul to resume service on rail line to North John named to lead Danzas Intercontinental Emery Worldwide launches intra-India service Zim relocates U.S. HQ Brazil terminal gets $50 million loan Slowdown? NY-NJ cargo surges Inchcape, RioMar in venture Lines hike India-Europe rates

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La réglementation sur la co-responsabilité du donneur d’ordre va être renforcée La ministre belge des Transports Isabelle Durant a annoncé hier que des mesures vont être prises afin de renforcer la co-responsabilité du donneur d’ordre. En l’occurence, la loi de 1999 sera modifiée, avec la suppression de l’amendement qui avait été adopté in extremis à l’époque et qui ajoutait le fameux terme “sciemment” au texte. Par ailleurs, elle a annoncé qu’une concertation va être entamée visant une réforme du contrôle technique pour les camions. CMA CGM s’apprête à réduire la capacité sur le Pacifique Actuellement se poursuivent à Shanghai des pourparlers entre CMA CGM et China Shipping en vue de réduire la capacité sur le secteur du transpacifique où la situation s’est considérablement déterriorée aux niveaux des taux et des volumes. Ainsi, le projet d’un sixième loop qui avait été élaboré entre ces deux partenaires en mars dernier est reporté à une date ultérieure. Ce service devait être axé sur les desserte Chine, Japon, côte ouest des USA. D’autre part, ainsi que nous l’a confirmé le président de CMA CGM, Tristan Vieljeux, les discussions en cours portent sur la manière de ramener de 5 à 4 le nombre des loops, tout en maintenant les mêmes dessertes. “Plusieurs hypothèses sont possibles et les discussions sont dans un stade avancé”, nous a-t-il dit en précisant qu’il était devenu nécessaire de réduire la capacité. La SNCB veut détenir 20% dans Hesse Noord Natie Lors du dernier conseil d’administration de la SNCB, l’administrateur délégué E. Schouppe a développé un aspect de sa stratégie, qui implique le renforcement des liens avec les ports que sont Zeebrugge et Anvers. Dans le premier port cité, il est question, on le sait, d’implanter un “port sec” pour trafic containérisé. Dans le cas d’Anvers où la filliale IFB développe rapidement son nouvel outil, le “Main Hub”, l’objectif annoncé consiste à porter la participation détenue dans la société fusionnée Hesse Noord Natie, actuellement de 6% via la participation de 33% dans le Noordzeeterminal/Noord Natie, à 20%. L’UE obtient 14.000 licences par an pour le transit routier via la Roumanie Le Parlement européen a approuvé l’accord conclu entre l’Union européenne et la Roumanie concernant le transport routier de marchandises et l’activation du transport combiné. Cet accord doit stimuler le trafic de transit via ce pays par l’échange mutuel de licences de transit pour le transport de marchandises par la route, ce qui résultera en une augmentation du nombre de transports. L’UE obtiendra 14.000 licences par an de la Roumanie. Chaque licence vaut pour un trajet de transit aller/retour. Le Conseil des ministres européens du Transport décidera bientôt de la répartition de ces 14.000 licences sur les Etats-membres. Les licences en question complètent les licences déjà délivrées dans le cadre des accords bilatéraux entre les divers Etats-membres et la Roumanie. Les dispositions de ces accords bilatéraux restent en vigueur.

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SEPTEMBER 5, 2001
IZAR awarded $117m ferry building deal The Spanish shipbuilder beats out six other bidders in the tender to build two car carriers. Enterprises offers palm leaf The cash strapped shipowner makes a public offer to negotiate fairly and amicably with its noteholders. Blystad steps in with Team counter-bid The US owner has made a last-ditch attempt to snatch Norway's Team Shipping from rival Vroon's hands. New Jersey port benefits from booming Asian trade Total value of general cargo transited at the port in January-June jumps by 11%. Inchcape, RioMar form US port agency ISS-RioMar will have the largest port agency network in the US Gulf. Cosco and K-Line ships tipped for Yang Ming Taiwan's containership owner is cosying up to its alliance partners for post panamax newbuildings. PCL ship aground off Cape Cargoship crew airlifted to safety as storms lash South Africa's coastline. Vroon says Team share deal done Dutch rival is close to winning the battle for control of the Norwegian tanker owner. Cook Islands line sells off ship The failed Cook Islands Shipping Corp's main asset has been sold to a New Zealand owner. Shareholders give green light to Lasco tanker deal Latvian Shipping Co investors have approved the Tsakos ship purchase. Clarkson profits soar Shipbroking giant plans to continue on the acquisition trail, as the cash flows in. Barrier reef sailing ban ruled out Australia reviews its investigation into shipping in the Great Barrier Reef area.