BRIEFS

web site

Shipping News

US-based Silversea confident of riding out tough times
WHILE the global cruise industry struggles to stay above water in the wake of the Sept 11 terrorist attacks, niche players like luxury line Silversea are finding it an easier go because of their well-heeled and varied client base.
'Mercenary' stevedores sue Lang Corp
Sydney port to rely more on rail to move imports
EU plans law to ban substandard ships
Shanghai speeds up plan to create new port

Air and Land Transport

Alliances must stand apart from rivals: Star
AIRLINE alliances must find better incentives to attract new members and differentiate themselves from competitors, according to the world's biggest grouping of carriers.
Airports to suffer 20-25% drop in traffic: Minister
BA Concorde completes round trip
Anthrax scare aboard CAL jet
KLM confirms closer cooperation, not merger, with BA
Gulf Air to reduce fleet as part of cost-cutting

web site

Shipping News

US-based Silversea confident of riding out tough times
WHILE the global cruise industry struggles to stay above water in the wake of the Sept 11 terrorist attacks, niche players like luxury line Silversea are finding it an easier go because of their well-heeled and varied client base.
'Mercenary' stevedores sue Lang Corp
Sydney port to rely more on rail to move imports
EU plans law to ban substandard ships
Shanghai speeds up plan to create new port

Air and Land Transport

Alliances must stand apart from rivals: Star
AIRLINE alliances must find better incentives to attract new members and differentiate themselves from competitors, according to the world's biggest grouping of carriers.
Airports to suffer 20-25% drop in traffic: Minister
BA Concorde completes round trip
Anthrax scare aboard CAL jet
KLM confirms closer cooperation, not merger, with BA
Gulf Air to reduce fleet as part of cost-cutting

	web site

Geodis reports loss despite improved operating profit DCL moves project cargo shipments to Chile and Peru Slowing economy affects Hong Kong's aviation sector Cathay reduces flight frequencies Top IATA official calls on all to rise to the security challenge

	web site
OCTOBER 23, 2001
Old containers make new Rotterdam land IBM Asia with Panalpina on Europe-Asia routes Swissair saved by national rich man action Air Canada saved for the moment Codeshare KLM and Continental Evergreen might change Singapore for Malaysia Schenker centre at narita airport USFreightways reorganizes operations

	web site

Tariff revision opens gates to more veg oil imports EEPC identifies vast export potential for steel kitchenware and utensils Need for strenuous efforts to boost cashew kernels exports seen 3 Gulf nations lift ban on Indian buffalo meat Cotton lint export limits imposed MoS seeks powers for eco-clearance of Major Port projects Port workers' bonus issue resolved BA twice-a-week direct flights to Kolkata Texprocil seeks level playing field Link export credit to BR/PLR, urges Fieo Value cap removal: Engg, chemical products form bulk of DEPB entries Core sector growth gives room for cheer Seeds Act to be amended CII unhappy with draft for WTO meet RBI's initiatives must be backed by other govt steps: IMC Silk EPC makes out case for Customs duty cuts Embroidery/metallised yarn included in DEPB value cap - DGFT amends Handbook of Procedures Foreign Trade Analysis: Current Policy & Procedures AIMO excellence awards for AP achievers

	web site
OCTOBER 23, 2001
Analysts forecast another build in US crude stocks OPEC still wants $25 per barrel oil US still considering to boost SPR capacity Montevideo/Alpha Zone price update Petrojam gains from Net exposure Petrotrin and BP Marine in Trinidad bunkering alliance Singapore cargo prices down, mixed bunker market Bunkers steady to soft in Korea Price indications for Polish ports Unicom introduces IFO180 supply in Romania Bunker update from Russian ports

	web site
OCTOBER 23, 2001
Harvey Gulf plans expansion Harvey Gulf International Marine, Inc., Harvey, La., has entered into an agreement with Eastern Shipbuilding, Panama City, Fla., for construction of six OSV's. and will soon go out for bids on four PSV's New VP at Seabulk towing Seabulk Towing, Inc., the Tampa-based subsidiary of Seabulk International, has announced the appointment of Kenneth M. Rogers to the new position of senior vice president of marketing North to advise General Maritime General Maritime Corporation has announced the appointment of Rear Admiral Robert C. North, U.S. Coast Guard (Retired) as an advisor to the company.

	web site

Survivors treated after 'tragedy of monumental proportions' Traumatised survivors of an Indonesian vessel that sank with the loss of more than 350 mostly Iraqi asylum seekers are being treated in hospital, many with broken limbs and coral cuts, officials sa... Yukos in driving seat as Kvaerner exits London THE Kvaerner rollercoaster rolled on yesterday, with yet another unexpected profits warning , a delisting from the London bourse and the revelation that Russian shareholder Yukos had become the lar... Slowdown sees Møller rethink profit forecasts Danish maritime and energy giant AP Møller has cut its full-year pre-tax profit forecast as its liner and bulk shipping operations come under pressure from the the world economic slowdown, whi... Bonanza over as ExxonMobil profits nosedive BOOMTIME for the US oil giants and the oilfield services industry yesterday looked officially over as falling oil and natural gas prices and the deepening global economic crisis took a heavy toll o...

	web site
OCTOBER 23, 2001
Beirut struck from cruise routes Chennai denies congestion Lanka courts dockers' vote Energy shipping venture set up Bank policy benefits small players Angry yard workers block ferry Bahrain contract award next month Manning wage freeze urged Further bid to stall privatisation Libs pledge cash for border control Delays hit 'illegal' recruiting Thailand bids for Kra canal support ITC ruling backs US steel firms Kværner warns of $60M write-down Slash surcharges - Korean shippers Kingston joins AP Møller stable Panamax outlook flat Spaniards close in on Rosario Saether wants tax-free seafarers

	web site
OCTOBER 23, 2001
A.P. Moller warns on profits The parent of Maersk Sealand said that "unforseen negative changes" were intensified by the Sept. 11 attacks. Zim, China Shipping deal scuttled A proposed slot-sharing agreement that would see Zim Israel enter the North Europe/Asia trade and allow China Shipping increased Mediterranean coverage has been postponed. Hanjin boosts China services The line has replaced Hong Kong as the hub for its China-Europe Express service. Ex-Marine to head Customs anti-terrorism FAA eases rules on interline transfers Coast Guard station sprayed by plane Continental cargo unit names McKeon Cost-cutting spurs Canadian Pacific 3Q net Lan Chile to return freighter to Atlas Indian port adds surcharge GF-X expands advisory council

	web site

Panalpina va assurer la logistique d’IBM entre l’Asie et l’Europe Le producteur d’ordinateurs IBM Asie a confié la logistique intégrée de ses composants d’ordinateurs entre l’Asie et l’Europe au groupe logistique et de transport suisse Panalpina. Dans le cadre de ce contrat, Panalpina a augmenté sa capacité de fret aérien entre Luxembourg et Tokyo. Evergreen envisagerait des navettes à 3.500 TEU entre 2 à 3 ports “Ceux qui commandent des PC de 8.000 à 10.000 TEU sont dans l’erreur” c’est ce qu’a déclaré le président d’Evergreen Chang Yung-Fa à la presse lors du lancement du PC “Ever Envoy” de 6.332 TEU, le deuxième d’une série de cinq de la classe E (1). L’armateur reste à la recherche d’unités de l’ordre de 3.500 TEU (26 noeuds), d’un nouveau concept, qui ne toucheront qu’un nombre très limité de ports. Zeebrugge: Tropicana implante une unité de production/distribution La nouvelle était attendue depuis quelques semaines. Elle est finalement tombée; Tropicana Europe, filiale du groupe américain PepsiCo Beverages International, qui dépend de PepsiCo Inc, grand spécialiste des jus de fruits, va réaliser un nouvel investissement dans le port de Zeebrugge, plus précisément dans le secteur de la darse commerciale nord de l’arrière-port, où se trouve le complexe European Food Center (groupe Sea-Invest). Il s’agit d’une nouvelle unité de production qui sera implantée à côté de l’actuel “ Flanders cool store” qu’exploite l’entreprise depuis le début 1999. Swissair sauvée par les autorités et le privé Les autorités suisses et le secteur privé sont parvenus à rassembler plus que les 4 mia. de CHF nécessaires pour sauver Swissair du naufrage. Grâce aux efforts financiers de ces deux secteurs, une nouvelle compagnie aérienne sera créée la semaine prochaine. Celle-ci va progressivement intégrer les activités de Swissair.

	web site
OCTOBER 23, 2001
EU protests US steel import restriction plan Shipowners are worried of a potential knock-on effect on US steel companies' charter commitments. Stranded AMCV passengers offered lifeline Discounts to AMCV travellers are not as generous as those given to Renaissance cruisers. Aframax resales herald price slide Tangible evidence of a fall off in tanker levels is starting to emerge. Marad exposed to AMCV bankruptcy The US agency is liable to pay $185m for AMCV's ship order at Northrop Grumman shipyard. Setfair throwing in the towel The online procurement giant fails to find a new financial backer. Moller revises down result forecasts Danish giant flags up rate decline for bulkers and boxships, but is upbeat on oil and gas. Fry aiming to prove ISMA's quality New International Ship Managers Association chairman Dirk Fry is continuing with an audit of members. CSX Lines flexes muscles The domestic container carrier has turned the corner, leaving behind its transition issues. Write-downs to hit Kvaerner's third quarter Cash-strapped group counts cost of weaker investments and prepares to delist in London. Yukos gets 22% of Kvaerner Russian oil giant becomes biggest shareholder, as Siem Industries sells. Varun Shipping tankers fuel profits Indian shipowner opts to sit on cash allocated for planned ship purchases. Evergreen considering move to PTP World No.3 liner firm says it is considering shifting its transshipment hub from Singapore to Malaysia. NSCSA sees profits rocket Saudi Arabian shipowner is in the money as its first VLCC resale is delivered from Hellespont. UK yard wins first cruise refit deal Work on the V Ships managed Explorer marks FSLs first tentative steps into the cruise repair market. Export orders up 5% at Japanese yards Non-domestic orders at JSEA yards reach 6.98mgt in the first six months of the financial year. Teekay third quarter profits down 20% Asset disposal bolsters bottom line but aframax tanker giant still sees sizeable drop in profits. Keppel FELS inks $22m rig deal Singapore yard boosts order backlog with contract from Atlantia Offshore for a TLP hull structure. Genmar appoints safety advisor Georgiopoulos' tanker firm hires ex-USCG top brass to beef up its safety and environmental expertise. Cargo boost at Port of Los Angeles West coast US port shakes off effects of terrorist attacks to post 15% increase in cargo handled last month.