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Shipping News

Singapore set to gain from cruise downturn
THE downturn in the cruise industry - which in Asia has seen Star Cruises pull out of Japan and Taiwan - may actually be a boon for Singapore according to the manager of the Singapore Cruise Centre .
Grand Alliance to cut Europe-Asia capacity
HK to tighten rules on local vessels' crews
Japan ship orders swell 28% since Jan on Korea overflow

Air and Land Transport

Alliance of American Airlines, BA opposed
THE US Justice Department urged transportation officials on Monday to reject a proposed alliance between American Airlines and British Airways unless the two carriers sell some landing and takeoff rights to increase competition between the United States and London.
Airbus to slash 500 jobs in UK, cut hours
Changi sells its 7% holding in Auckland Int'l Airport
HK committed to opening air sector
Thai Airways presidential hopefuls narrowed to 3
Cathay, BA expand cooperation on Asia, Europe routes
Delta Air, pilots reach tentative deal

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Shipping News

Singapore set to gain from cruise downturn
THE downturn in the cruise industry - which in Asia has seen Star Cruises pull out of Japan and Taiwan - may actually be a boon for Singapore according to the manager of the Singapore Cruise Centre .
Grand Alliance to cut Europe-Asia capacity
HK to tighten rules on local vessels' crews
Japan ship orders swell 28% since Jan on Korea overflow

Air and Land Transport

Alliance of American Airlines, BA opposed
THE US Justice Department urged transportation officials on Monday to reject a proposed alliance between American Airlines and British Airways unless the two carriers sell some landing and takeoff rights to increase competition between the United States and London.
Airbus to slash 500 jobs in UK, cut hours
Changi sells its 7% holding in Auckland Int'l Airport
HK committed to opening air sector
Thai Airways presidential hopefuls narrowed to 3
Cathay, BA expand cooperation on Asia, Europe routes
Delta Air, pilots reach tentative deal

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Chamber calls for rapid implementation of RTA Logistics council to target inland transportation network CP Ships and Danneborg agree to end Nordana discussions Haba-Sped holds inaugural annual meeting MOL gains first European booking through GT Nexus Shanghai Port sees two-digit growth in US, Europe imports WTSA introduces minimum wages BTS releases US airline traffic and financial statistics Air Canada reacts to negative media speculation Air NZ Cargo terminals to introduce handling fee Air France receives first A330-200

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DECEMBER 18, 2001
Advice to block BA/AMR deal FT: Aviation year 2001 in review 2,500 Qantas workers reject wage freeze Schenker consolidation in Finland New customers Logistics.com

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Maersk Logistics wins main award for export marketing SAMBA to become weekly service from next month MOL unifies three Hong Kong logistics affiliates P&O Nedlloyd expanding China service Dubai Drydocks completes repairs of largest ship Celarix signs on P&O Nedlloyd, CGA-CGM Lykes Lines launches two services linking EC of S. America and Europe UASC makes it even dozen for Inttra TNWA puts Xiamen on CEX route map Indonesia Port Corp, Hutchison to jointly develop box port Russian port orders 26 Kalmar machines Three new services from Senator Lines Zim relocates Asia-Mediterranean-Pacific service from PSA to Jurong Port Melbourne port's volume hits record CargoSmart gets smarter MSC joins Montreal-N. Europe service of Maersk Sealand & P&O Nedlloyd Conterm appoints new MD Korean shipbuilding sector booming with spate of new orders PTP, Johor Port heading for merger MOL to improve southern Africa service Chen Tze Penn elected Chairman of IMO OTAL group co. to invest $ 5 m in new IT system Charleston offers container updates on Internet Make use of NAFTA to invest in Canada: envoy Bengal aiming to net 20 pc export earnings from IT sector SEZ may come up at Cochin Port soon FedEx to cut ground shipment rates Tulsidas Khimji Pvt. Ltd wins 3 IA awards Export strategy taking shape Ficci presents 10-point formula for direct tax reforms Forex reserves pierce $ 47-bn mark SIDBI extends national equity fund to include powerlooms Ministry seeks lower Customs duty on aluminium Synthetic fibre industry seeks tariff values on raw materials Leather products exports on recovery path - November figures indicate end of slump period Q 3 indicates revival in some sectors: Ascon survey Inflation sinks to 20-yr low! IEG projects upsurge in industrial growth ...but dismal export show may continue Foreign Trade Analysis: Current Policy & Procedures Maran inaugurates India's first trade portal 109 Vietnamese firms display products catalogues at IMC's 2-day exhibition Solvent extractors leads 24-m team to Malaysia New office-bearers of ASTA India Chapter CII organising 'Rasayan 2002' in February India waiting to happen: Wadhwa

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DECEMBER 18, 2001
Strong demand in Italy, Malta congested after bad weather Piraeus bunker market steadyish, avails OK for next week Gibraltar closed again on bad weather, bunker deliveries badly affected World oil trade up by 35% in last decade Brazil market update, price change in Santos and Paranagua Singapore opens firm after holiday, tight prompt avails Rotterdam morning market report

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DECEMBER 18, 2001
GeoLogistics SpA grows in Italy ABX Logistics España SA Astramur Port expansion in Barcelona Gruber introduces new service Reinforcement for Civitavecchia Altadis acquires Burgal Ikea builds center in Tarragona Tougher STB rules A solution for Burlington

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DECEMBER 18, 2001
Carnival fires another shot Carnival says "poison pill" flouts takeover rules OMI in MARPOL probe Company cooperates with U.S. Attorney's investigation OSV orders for Rolls-Royce Equipment packages for nine vessels

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New World Alliance in fresh wave of cuts THE New World Alliance is considering additional service reductions from both the Asia-Europe and transpacific trades. OMI in criminal probe over tanker discharge in New York US TANKER owner OMI Corp has admitted being involved in a criminal investigation into illegal discharges from one of its vessels at the the Port of New York and New Jersey. CSAV and Montemar plan to tap into depressed boxship charter market H ard-pressed containership owners may soon be sending empty ships to South America if plans under consideration by two South American lines come to fruition. Stelmar 'on track for Q4 predictions' Stelmar Shipping, the tanker company that undertook a successful initial public offering in New York earlier this year, is confident that earnings in the final quarter of the year will be in line with stock market expectations.

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DECEMBER 18, 2001
BA lets some money through Analyst supports Carnival POC bid Louis to add charter agreements BC Ferries told to "commercialise" Bilbao builds new dock ABP's Humber pilots 'suffering' Ferry satisfies safety agencies HK to table new crew rules Sea Navigator refloated Falling yen worries Korean yards Melbourne dredging wins support Bill threatens PPA monopoly CP companies continue kinship Kerala plans Gulf passenger link Gangsters 'major threat in ports' Panama seeks expansion manager Probe launched into OMI waste claims

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DECEMBER 18, 2001
A.P. Moller increases stake in ECT Rotterdam terminal The Port of Rotterdam said A.P. Moller has reached an agreement to acquire European Combined Terminals' one-third interest in Maersk Delta Terminal. Seymour to lead NY/NJ port authority The chairman and chief executive of the New York Power Authority succeeds Neil Levin, who died in the attacks on the World Trade Center Sept. 11. Web sites could pose legal risk Outdated information could become a target for litigation, according to a London-based maritime liability group. Continental to drop fuel surcharge Consolidators International signs China deal Hornbeck-Leevac redeploys Enron-chartered vessels Maritrans appoints Doherty, Bromfeld Robert Potter, of Expeditors Intl., dies at 40 CN upgrades tracking for paper industry Port Newark terminal gets imaging technology

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Accord européen sur le temps de travail dans le transport routier Huit ans après que la Commission européenne a formulé sa proposition, les ministres européens des Transports et le Parlement européen ont trouvé un accord lundi soir à Bruxelles sur la directive relative au temps de travail des chauffeurs dans le transport routier de marchandises. L’accord conclu par les deux parties à l’issue d’une longue procédure de conciliation est un compromis concocté par la présidence belge de l’UE. SNCF Fret fait naître l’espoir d’une reprise rapide des services fret via le Chunnel Dans un courrier adressé à la Strategic Rail Authority (SRA) britannique, le patron de SNCF Fret, Françis Rol-Tanguy, a fait savoir que de nouvelles clôtures de sécurité seront installées autour du terminal de fret à Frethun “avant la fin de l’année”, annonce Lloyd’s List. Reste à voir si cela signifie que les services fret sous la Manche retrouveront rapidement leur vitesse de croisière. Ainsi, la SNCF et la RFF, le gestionnaire du réseau ferroviaire français, doivent encore déterminer qui prendra en charge les coûts des clôtures, alors que l’installation des systèmes de surveillance et de détection prendra encore un certain temps. Confern Containerpool Benelux déménage vers le port d’Anvers La filiale belge de l’entreprise de location de caisses mobiles et semi-remorques Confern Containerpool, a récemment déménagé d’Opglabbeek au Limbourg au Zomerweg dans le port d’Anvers. “L’objectif était de rapprocher davantage notre siège à l’activité de transport”, a déclaré le directeur général Hugo Bertels. APL logistics tisse sa toile sur le continent européen Ainsi que brièvement évoqué dans une édition précédente APL Logistics, filiale de Neptune Orient Line (NOL) entend développer sa présence sur le continent européen, du nord au sud et d’est en ouest. Après avoir acquis au prix de 210 mio. de dollars US l’organisation GATX qui couvre l’Amérique du Nord et du Sud, après avoir abordé l’Asie et le Moyen-Orient, APL s’intéresse de plus en plus à l’Europe, où elle est déjà présente au Benelux, au UK, en France et depuis peu en Allemagne après la reprise de l’entreprise hambourgeoise Mare Logistik.

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DECEMBER 18, 2001
NYSE monitoring volatile ACLN stock Trading was halted on Monday due to a combination of large trading volume and sharp price decline. Kirby outlook revised to positive The positive outlook reflects the company's strong operating performance and debt reduction. Carnival ratings on negative watch The P&O Princess takeover bid may increase Carnival's balance-sheet debt leverage. Carnival complaint rejected Takeover Panel to rebuff argument over P&O Princess - RCCL poison pill. Dutch recommend release of ULCC The Essex is set to celebrate New Year in Curacao unless UN committee reaches a speedy decision. Royal Olympic adjusts fiscal year The move aligns the company's financial reports with its cruise sector peers. Strike hits Finnish-crewed vessels Ships are being delayed at ports in Finland after a seamen's union extended its action. ACP continues canal expansion studies Panama Canal Authority will open its tender for canal expansion studies proposals on Wednesday. OMI to pocket $5m on suezmax sale German joint venture in 10 year charterback deal for Daewoo newbuilding. Carnival calls in Takeover Panel UK regulator asked to veto P&O Princess - Royal Caribbean poison pill. New ferry operator planned Latvian and Swedish partners are in talks to buy a vessel to restart traffic on a Baltic route. Kvaerner rejigs bond conditions Troubled Norwegian industrial group survives close shave on rescue package as bondholders object. Japan export orders slump to three year low Only nine export orders were reported last month, as the order intake fell 77% year-on-year. Barry Rogliano set for Dubai debut French broker is looking to be one of the first major houses to setup shop in the Middle East.