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Shipping News

Antwerp port faces lawsuit over expansion plan
THE expansion of Belgium's biggest port, in which PSA is soon to take a majority operating stake, is embroiled in a legal tussle as local residents challenge the impending destruction of their village.
Ikan Tanda scuttled off S African coast
Northrop stops work on US$400m cruise ship order
US Coast Guard on alert after arrest of suspected terrorist

Air and Land Transport

SIA, United and 3 others to increase flights to Melbourne
SINGAPORE Airlines Ltd, UAL Corp's United Airlines and three other international carriers will increase services to Melbourne after the collapse of Ansett Holdings Ltd, formerly Australia's No 2 airline.
Delta Air tests video system, tracking devices
Swiss airline rescue deal hit by new emergency
SriLankan Air posts US$71m full-year loss
Ho Chi Minh City airport to build new terminal
Log Book

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Shipping News

Antwerp port faces lawsuit over expansion plan
THE expansion of Belgium's biggest port, in which PSA is soon to take a majority operating stake, is embroiled in a legal tussle as local residents challenge the impending destruction of their village.
Ikan Tanda scuttled off S African coast
Northrop stops work on US$400m cruise ship order
US Coast Guard on alert after arrest of suspected terrorist

Air and Land Transport

SIA, United and 3 others to increase flights to Melbourne
SINGAPORE Airlines Ltd, UAL Corp's United Airlines and three other international carriers will increase services to Melbourne after the collapse of Ansett Holdings Ltd, formerly Australia's No 2 airline.
Delta Air tests video system, tracking devices
Swiss airline rescue deal hit by new emergency
SriLankan Air posts US$71m full-year loss
Ho Chi Minh City airport to build new terminal
Log Book

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ACL reports optimistic third quarter results USFreightways reorganisation ValuShip chooses Norton Lilly as North American agent Panalpina expands in Hungary and Czech Republic Three new directors appointed at UK P&I Club Additional services at Changi Cathay Pacific restores service to troubled Sri Lankan Panalpina expands in Hungary and Czech Republic SAS wins another environmental award

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OCTOBER 30, 2001
Swiss cash troubles again Maersk in car transport Vopak sells French terminal interest Wartime: Europe accepts American noise UPS in knowledge trade FedEx earnings warning CMA CGM profit warning, ACL stake sold

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Boon for garment exporters: Drawback Electronic components exports surge by 52 pc in 2000-01 Leather export body moderates export targets Chinese HF ring magnets face dumping duty Jet Airways may hike surcharge soon Austrian Airlines plans more flights Apparel park to be set up near Surat Core group recommends dredging requirements of NW-1 & NW-2 Germany sanctions Rs 670-cr. loan for four developmental projects in India Taxing times for even loss-making exporters Spinners implement hank yarn obligation in toto Govt plans Rs 100-cr. biotech fund Petronet may double Dahej LNG terminal capacity 'Freight surcharge' on petrol, diesel from April '02 under study Deadline for filing tax returns extended Ministry working out 'freight subsidy' for sugar exports New foodgrains policy to dilute state's role Foreign Trade Analysis: Current Policy & Procedures

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OCTOBER 30, 2001
Medstone announces new port of supply in Tunisia New supplier listing in Latvia Arab Gulf prices up in quiet market Bush expected to order extra oil for US reserve Saudi minister: OPEC expected to cut production at November meeting Bunker price update from Russian ports Why oil prices, weak today, could rise soon Traders still bearish about OPEC's ability to boost crude prices Montevideo/Alpha Zone price update

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OCTOBER 30, 2001
ICF: Italy-Romania Rotterdam-Duisburg Hupac shuttle Automatic weigh bridges European Rail Shuttle Rhône-Saône Conteneurs The «Basel bottleneck» T&B lands warehouse management contract Vopak sells minority interest in French tank terminal China Eastern chooses SFS in Madrid Canada Maritime gains trio of quality awards

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OCTOBER 30, 2001
Kvaerner comes up with rescue proposal Kvaerner has proposed what it calls "a complete solution" for solving its financial problems.

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Mass immigration bead hope Channel freight traffic Freight traffic between France and the UK was disrupted early yesterday morning when up to 300 would-be illegal immigrants broke into a railway yard near the Channel Tunnel in the hope of reaching ... Shock as Wrede quits Hapag-Lloyd BERND Wrede, the 58-year-old chief executive of German liner company Hapag-Lloyd and a well-known figure in the shipping industry, is to leave the company at the end of the year, when his present c... Swiss bank throws $300m lifeline to Silversea Cruises CENTRE Solutions bank of Switzerland has agreed to extend a $300m financing deal to Silversea Cruises, ensuring the survival of the ultra-luxury cruise operator. At the same time, the four-... Oil tanker set ablaze in Tamil Tiger suicide attack A TAMIL Tiger suicide boat struck an oil tanker off the northern tip of Sri Lanka yesterday, reports Reuters. "One suicide boat hit the tanker and it is on fire," said military... Gard raises premiums ManagerS of Gard, which with 94.8m gt entered is the second largest P&I club, have decided on a 25% general increase in premiums for the 2002 policy year. They have also opted for an un...

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OCTOBER 30, 2001
Korea plans new ports Tamils attack tanker Israel hit by congestion surcharge RCCL predicts yield slide New Kværner plan floated MarAd rethinks war-risk insurance Tax refunds to boost exports Eleven dead in ferry explosion Esmeraldas bid cleared to proceed Boston to pursue LNG protest Business before bureaucracy ITF slams UN Liberia report Cohen embraces UN "endorsement" UN wants Liberia escrow account Brazil bemoans ECSA surcharge HMM ship arrested in Suez Free trade challenge for Manaus Spain, Italy shift more to short sea SOL on road to recovery V.Ships nets Primorsk tankers Kværner solution promised soon Cosco arm to acquire yard equity Canadian export slump will last City bids to save cruise contract Seattle scales back its plans

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OCTOBER 30, 2001
Wrede to exit Hapag-Lloyd Bernd Wrede will step down as chief of the Hamburg-based logistics and shipping conglomerate at the end of the year. Bailout boosts Airborne earnings While third-quarter revenue slipped at the air freight carrier, net income was spurred by government compensation to cover the after-effects of the Sept. 11 hijackings. HK sets airport cargo, logistics plans Chek Lap Kok airport will be developed to meet its design capacity of 9 million tons of cargo annually by 2020. Norfolk Southern logistics unit opens Web site Defense claims faster deliveries First Euro client for G-Log War charge for Pakistan reduced Korea outlines port plans Cosco Singapore acquires shipbuilder Deadline for latest Swissair crisis EU drops jet noise plan Valuship sets Europe-US forest products service Coast Guard alerts ports after suspected terrorist nabbed in Italy

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Hong-Kong reporte ses prochaines expansions en terminaux à containers à 2010 La chute des trafics containérisés qui se poursuit à Hong-Kong, plus précisément aux terminaux à containers de Kwai Chung depuis le mois de mai dernier, qui a d’ailleurs pris une plus grande ampleur en septembre, incite les autorités responsables à revoir les projets de futures expansions. Elles seraient d’avis qu’il ne faudrait pas de capacité supplémentaire avant 2010. En d’autres termes, le projet de terminal 10, dont on annonçait en 1998 la réalisation en 2005 est reporté de 5 ans. Mærsk Sealand s’intéresse à nouveau aux voitures Lorsque Mærsk Line mit en service les premiers PC de la nouvelle génération de 8.000 TEU, unités qui présentent une énorme capacité reefer, ses responsables firent allusion à l’extraordinaire flexibilité de ces PC qui pouvaient également s’intéresser au transport de voitures neuves placées dans des containers. Bref, on annonçait le PC “multi-marchés”. Chevallier reprend certains actifs du groupe Synchrony Prestataire français de transport-logistique, le Groupe Chevallier, siège à Grigny (69 Rhône), vient de reprendre une partie des actifs de Synchrony, siège à Gleize (69 Rhône). L’opération de reprise porte sur quatre implantations : Bordeaux (33 Gironde), Roubaix (59 Nord), Taverny (95 Val-d’Oise) et Villefranche-sur-Saône (69 Rhône). En chiffre d’affaires, l’ensemble représente pour Chevallier un apport d’environ 15,24 millions d’EUR (100 millions de FRF). Afro Liner donne une nouvelle dimension à sa desserte de la COA Afro Liner, entreprise maritime qui a déjà une longue expérience de la desserte de l’Afrique de l’Ouest au départ d’Europe du Nord, donne une nouvelle impulsion à ses activités en adaptant ses services en fonction d’une formule mixte et partant, opte pour du tonnage multipurpose affrété, ce qui lui permet d’aborder les containers dans de plus larges proportions.

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OCTOBER 30, 2001
Heidmar goes to Venezuela Heidenreich Marine Caracas will take care of business in Central and South America. Grimaldi group raises ACL stake French shipping group CMA-CGM sold its 10% share to the Italian group. Silversea Cruises remains optimistic The luxury cruise line backed by strong banks is in no danger of sinking. Royal Olympic chiefs take a pay cut Difficult trading conditions lead to directors slashing remuneration by 25%. Canadian authorities assisting "container boy" Canadian citizen Rizk Amid Farid found in a Hansa Mare container is held in Italy under a new terrorism law. ABS launches new data system The E-CIS programme allows easy access to ship inspection reports at any time. FBI issues second terrorist attack warning Vice President Dick Cheney is taken to a secret location in the event of an attack on President Bush. Arcadia breaks time charter deal Skaugen wins compensation for early termination of five year aframax deal. ITF voices concerns over Liberia Establishment of an escrow account for shipping revenues may not be enough to solve the problems. Kvaerner confirms rescue package Debt freeze and massive new share issue point the way forward for Norwegian giant. RCL lays out contingency plan The company shares have jumped 17% in response to the better-than-expected earnings per share. Ex-Hyundai employee forces new ship arrest A former manager for the Korean giant is trying to bring fresh pressure to recoup monies. Essar plays it safe Indian owner protects earnings from uncertainty of war in Afghanistan with $25m worth of time charters. Tamil Tigers hit tanker An oil tanker has been set on fire in a suicide attack by terrorists off the northern tip of Sri Lanka. NSCSA replaces CEO The National Shipping Co of Saudi Arabia has a new man at the helm. V.Ships wins Primorsk deal Russian owner hires shipmanager to benchmark fleet performance. Great Eastern boosts profit Leading Indian owner reports favourable first half result. Nesheim wins Wilson EuroCarriers Future of Bergen bulk carrier owner resolved ahead of planned auction. Dannebrog looks for ro-ro growth Further new services using Tarraco Line brand in prospect. Daewoo unveils third quarter forecasts Korean shipbuilder provides glimpse of sales figures due out next month. Tanker and bulker collide off Spain A Russian bulker is undergoing repairs after a clash with a National Iranian Tanker Co VLCC. Pacific Basin grows management interests Handysize bulker operator is snapping up additional expertise.