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Shipping News

US searching commercial ships for terrorists, illegal weapons
THE US has taken its fight against Osama bin Laden and the Al-Qaeda terrorist organisation to the high seas, warning shippers to cooperate with maritime searches or risk being sunk.
Passengers evacuated from Penguin ferry

Air and Land Transport

US airports lack space to meet bomb-detector deadline
US regulators may not be able to meet a requirement to install bomb-detection machines at airports to screen all checked baggage by the end of 2002 because there is not enough space, a manufacturer told Congress.
BA denies reports of 10,000 job cuts
Swissair faces damages claims from ex-partners
India may raise limit on direct foreign investment in airlines
Delta plans to sell tickets for Korean Air next year
Virgin Blue in talks on alliances
American may return 717s as decision on line nears

web site

Shipping News

US searching commercial ships for terrorists, illegal weapons
THE US has taken its fight against Osama bin Laden and the Al-Qaeda terrorist organisation to the high seas, warning shippers to cooperate with maritime searches or risk being sunk.
Passengers evacuated from Penguin ferry

Air and Land Transport

US airports lack space to meet bomb-detector deadline
US regulators may not be able to meet a requirement to install bomb-detection machines at airports to screen all checked baggage by the end of 2002 because there is not enough space, a manufacturer told Congress.
BA denies reports of 10,000 job cuts
Swissair faces damages claims from ex-partners
India may raise limit on direct foreign investment in airlines
Delta plans to sell tickets for Korean Air next year
Virgin Blue in talks on alliances
American may return 717s as decision on line nears

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DHL opens new hub facility at Changi Airport South Korean airlines get FAA thumbs up Rules stiffen Air Canada competition Tokyo Senpaku boxes up for Singapore Geis promotes Roehl to MD

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DECEMBER 7, 2001
Backing for Crossair Board Lufthansa reaches agreement with unions Slow recovery Northwest Airlines Surcharge change UPS China agreement Maersk Logistics

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Sci's 3-day Annual Agents Meet 2001 begins today Korean co. buys 26,000 t. Indian feed wheat China wants close silk trade ties with India Bangla court suspends gas export to India Indian diamonds glitter in US market Exporters offer Apeda bouquets for opening Holland floriculture centre Optimism on handicrafts export target Freightliner Ltd names new class diesel locomotive OOCL Express IA to expand fleet CII moots cut in peak tariff, SED TNCs prefer greenfield investments in growing nations: Survey Govt hikes tariff values on palm group of oils Govt gives in-principle clearance to tea futures trading Australian report on Indian economy all praise for 4 states Foreign Trade Analysis: Current Policy & Procedures SGS organises seminars on export promotion via E-com services Textile seminar in Erode on Dec. 14 Business advisory panel launch in Jan. 2002 Exhibition of Catalogues of Vietnamese firms on Dec. 14, 15

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DECEMBER 7, 2001
Montreal bunker prices start sliding as avails seen improving Lithuanian oil terminal about to reopen after November oil spill Newly developed LNG tanker promises fuel savings and more cargo space Oil price roller coaster goes downhill again Novorossiysk reopened, vessels waiting to load Rotterdam morning market report Mixed avails and demand in US Gulf market

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More freight capacity on Kiel-Klaipeda route New vessel for TransRussiaExpress Cosco: new service to Xiamen ValuShip appoints Astra Maritima in Paris

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DECEMBER 7, 2001
Kvaerner Philadelphia "not for sale" Kjell Inge Røkke has been telling the Philadelphia press that the Philadelphia yard "is not for sale" and that "there are tremendous opportunities" for it to make money. Port security under scrutiny in Washington Port security issues were the focus of both House and Senate hearings in Washington, D.C yesterday. Search on for Bin Laden's fleet ABC News and other sources are reporting that the U.S. Navy is searching for some 23 merchant vessels identified by U.S. and Norwegian intelligence agencies as owned or controlled by al Qaeda Wärtsilä EnviroEngines for P&O Princess Cruises Wärtsilä Corporation is supplying twelve EnviroEngines for four cruise ships contracted by P&O Princess Cruises. IMO adds to STCW "White List" The International Maritime Organization has updated its list of countries assessed as properly implementing the revised STCW Convention

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DECEMBER 7, 2001
Department of Transportation welcomes new Maritime Administrator Mediterranean Shipping joining Maersk Sealand/P&O team Anacortes Port Commission changing marina slip configuration Corps planning strategy for removing contaminated debris from Columbia DOT wants high schoolers to design transportation web sites

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Al-Qa'eda terror fleet 'flies FoC flags', claims ITF SHIPS controlled by Osama bin Laden and currently being sought by Nato will probably be found to fly flags of convenience, the International Transport Workers' Federation has claimed, writes David Osler . UK ports on nuclear threat alert AS A RESULT of the increasing paranoia over the loopholes open to terrorist manipulation in the shipping trade, British ports are to fit special devices to prevent the smuggling of nuclear material, writes Carly Fields. Angelicoussis reverses strategy with buy-back JOHN Angelicoussis has given up his 12-year struggle to develop Anangel-American into an attractive stock market vehicle and is launching a bid to return the dry cargo and tanker company to his private empire. OECD set to get way over scrapping liner antitrust exemption A RECOMMENDATION to end antitrust exemptions for joint pricing by container lines looks set to stay in an OECD report that will be finalised in the coming weeks.

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DECEMBER 7, 2001
Marseilles targets 600,000 cruisers Poll result brings hope for Colombo Miguet in last-chance bid for CMR Korea yards urged to go for quality Shakeout for India-US liner market Siem raises Star Reefer stake Date set to approve cruise merger UK pilots take hard line on strike Galapagos cruise policy sparks row SNCM, CMN win ferry concession US port security bill moves ahead Gamma rays aimed at Vancouver EU pilots back Humber colleagues Danes buy Norwegian oil tiddler Visak introduces flat box rate Ship-owning minister tackled on tax Bolloré takes over Setramar Korea targets value-added market Dampier to undergo safety audit Korea keeps LNG technology close Women dockers win abuse payout Philadelphia yard speculation soars Share surge follows Anangel offer Mumbai revival plan gets under way Mineta seeks 12-mile ship searches

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DECEMBER 7, 2001
DOT endorses Hollings bill The port security measure gets a big boost in Washington. Virgin's US cargo chief Pusateri to retire Angelo Pusateri has served as president of the unit since its inception in 1984. Schubert sworn in aboard ship The new Marad chief took the oath in New Orleans aboard a roll-on/roll-off ship that is part of the agency's Ready Reserve Fleet. New technology speeds supply chain, Compaq says Canada extends air insurance indemnity Letters: Airlines make false fuel claims Danzas forms new joint venture in Japan Seafarers' House honors Kehrer, Thorsen Meetings slated for New York City rail tunnels Celarix signs P&O Nedlloyd, CGA CGM First flight for mega-freighter Lan Chile cargo unit buys stake in Brazil airline Deutsche Post taps Swisscargo chief

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DECEMBER 7, 2001
Twenty three vessels linked to al Qaeda US Navy is hunting down the bin Laden secret fleet with help from Norwegian intelligence. TMM seeks more funds The $25m securitisation programme is to give the company improved financial flexibility. Marad exposed to Enron bankruptcy Marad provides federal loans for three Enron affilliated power barge projects. Asia-US cargo routes to see zero growth Container lines aim to boost revenues in their 2002-2003 contract negotiations. Gorthon cuts fleet value The Swedish ro-ro operator is writing down two ships it will sell next year. Korean port projects seek cash The government is encouraging private-sector investments for eight port development projects. CESA calls EU subsidy decision "embarrassing" European shipbuilding body slates rejection of state aid for hard-pressed yards. USCG reviews Cove Point LNG project The Captain of the port at Chesapeake Bay will evaluate the risks posed by LNG tankers. Dalian to hold shipbuilding fair Shiport China 2002 is a followup to the ongoing Marintec China held in Shanghai. Tanker market puts brake on Prisco profits Russian tanker owner enjoyed a profitable first nine months, but third quarter earnings were slim. Siem ups Star Reefers stake Holding in reviving venture raised to 73% as Vestey sells more shares. Navibulgar turns a profit The Bulgarian giant's ageing fleet kept it out of the red in the first half of this year. NWS rakes in reduced rubles Russia's North-Western Shipping has seen its profits slashed in the first nine months. British Marine get a BBB+ Rating agency says former insurance club will shrink but become profitable. Kolkata prepares to detain Vosco ships Indian port considers drastic action in bid to force Vietnamese owner to remove sunken freighter Luc Nam. Skuld tackles release call row Club says it will not insist on departing shipowners making cash deposits. Chinese yards to see mini order boom Government plans to boost ferry and salvage services could provide an order windfall for domestic yards. Imarex to push on with dry bulk exchange Plans to launch new service for the dry bulk sector are still on course despite Enron's collapse.