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Shipping News

Analysts see NOL sailing deeper into the red
SINGAPORE-listed Neptune Orient Lines appears headed into even rougher waters with analysts revising their 2001 full-year earnings forecasts downwards.
Chittagong cracks down on crime in port

Air and Land Transport

Carriers oppose Narita plan to raise charges
JAPAN Airlines and other carriers operating from Tokyo's international airport at Narita are resisting the state corporation's plan to raise landing fees, already the world's highest.
KLM, BA may wrap up code-share deal this week
Thai Airways bans FEER
EasyJet seeking to buy up to 75 aircraft
Canada 3000 ex-president wants to revive the airline
China Southern resumes Middle East route
Satellite landing system planned at US airport

web site

Shipping News

Analysts see NOL sailing deeper into the red
SINGAPORE-listed Neptune Orient Lines appears headed into even rougher waters with analysts revising their 2001 full-year earnings forecasts downwards.
Chittagong cracks down on crime in port

Air and Land Transport

Carriers oppose Narita plan to raise charges
JAPAN Airlines and other carriers operating from Tokyo's international airport at Narita are resisting the state corporation's plan to raise landing fees, already the world's highest.
KLM, BA may wrap up code-share deal this week
Thai Airways bans FEER
EasyJet seeking to buy up to 75 aircraft
Canada 3000 ex-president wants to revive the airline
China Southern resumes Middle East route
Satellite landing system planned at US airport

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IRA lowers surcharge Shanghai sees record throughput New affiliate boosts U-Freight's Chinese network EMTA charges to be reduced in face of lowered bunker costs Hainan link to carry cargo United suspends fuel surcharge, adjusts rates British Airways traffic figures reflect slow recovery Swissair off to good start

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JANUARY 7, 2002
'BA-KLM code-sharing in Middle East' Marginal gains from liners' capacity cuts Maersk Sealand orders up to 10,000 Teu ships Eva order for Menzies Dragonair takes Dutch sales in-house PSA-chief to become Singapore's Trade Advisor for China

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British say cheers to spice-laced chai Surat diamond merchants set up shop in China Indian steel producers may settle for quotas on exports to US Capt. Balendu Tewari takes over as KPT Secretary JNPT levies penal interest on Port users New express cargo service in Kerala Air Sahara offers online facility for tickets Forex reserves up by $ 175 million to $ 48,012 million Finance Ministry may lower corporate tax rate for foreign companies Study sees Japan as vast spices market New STC rubber purchase, supply scheme approved Finance Ministry sees 6 pc GDP growth in 2001-02 Modern textile processors seek financial aid package Working group sees little scope for lowering depreciation rates Forex reserves up by $ 33 m CEOs vote for corporate tax reduction, MAT removal Inflation dips to 2.21 pc Sinha may continue with DEPB scheme in new Exim Policy Blair vows to help dismantle trade barriers Saarc agrees to deadline on free trade plan draft EMI's advanced course in forex & finance from January 19 'India Calling' conference begins today

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JANUARY 7, 2002
New year, new legislation for Singapore's troubled bunker market ExxonMobil returns to Gibraltar market Iraqi crude exports slow down on surcharge dispute Arab Gulf prices moderately higher backed by cargo market and good early demand The MPA views reports of alleged contaminated bunkers supplied in Singapore seriously Korea opens week flat on good availability outlook Singapore bunker market fails to follow firmer crude/cargo trend on weak demand ARA market firm this morning

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Roadway Express launches Roadway Air Arbitration ECT-CSX RMPM indirect in VT Maersk gains full control Locomotives acts Five sailings Hengelo-Rotterdam Shell and Vopak build truck loading station Bilk without European partners Construction of multicore pipeline system to start ExxonMobil returns to Gibraltar market

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JANUARY 7, 2002
Israel seizes terror weapons ship Israeli forces have seized control over a ship sailing in international waters whose cargo contained long range rockets that could have been used to launch attacks against Israeli cities. Northrop Grumman unit takes Sperry Marine name Northrop Grumman Corporation's marine systems business unit, headquartered in Charlottesville, Va., has been renamed Sperry Marine ExxonMobil returns to Gibraltar ExxonMobil Marine Fuels has re-entered the Gibraltar bunker supply market.

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JANUARY 7, 2002
Mike Thorne named head of Washington State Ferries Washington port association supports Corps' Columbia Channel findings New Propeller Club president will speak to Seattle members Cooperative Vessel Traffic Service monitors tug with steering problems Mount Vernon 'dry' marina now offering on-shore boat storage

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Kenyan Seamen Want Labour Laws Changed Safety Lessons for Lake Passengers

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Jo Tankers joins forces with rival Stolt-Neilsen for US Gulf/Asia service DUTCH chemical tanker independent Jo Tankers and Stolt-Nielsen Transportation Group, a subsidiary of Stolt-Nielsen SA, have announced a combined service agreement for the US Gulf to Asia trade, in a move which brings two of the world's largest chemical tanker competitors together. Argentina crisis set to trigger freight bonanza THE devaluation of the Argentine peso will provide grain shipping specialists with a freight rate bonanza for shipments from the crisis-torn South American country. Karine A arms cargo destined for Palestinians says captured master Weight was added yesterday to Israeli claims that the Palestinian Authority was behind a weapons haul found aboard the Tonga-registered Karine A as both the Lebanese government and the ship's master claimed it was the intended recipient of the arms.

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JANUARY 7, 2002
Tugz launches Everglades rival Senate sets port security hearings High speed ferries for New York Damaged Traveller towed to Bremen SCI sale moves closer Superfast gear problems continue Chemical carriers team up Gothenburg's Nygren steps down Hamburg to join Wilhelmshaven team Kobe slashes berth rent charges RCCL shares bullish in Oslo FEFC removes Suez surcharge Philippines reconsiders German loan Bangladesh yard blast kills three Shanghai volumes surge Stinnes now under Prescher Israel seizes freighter in Red Sea raid Crew safe after ship capsize

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JANUARY 7, 2002
Port of Amsterdam sees record year The Amsterdam Port Authority said cargo volume increased 5% to 67 million tons in 2001, another record. Consider customer service, 3PLs: Report A new report urges senior level logistics executives to concentrate on automating processes which will directly improve their customer service, and consider third party logistics firms as viable technology providers. British Airways, KLM in co-op plan The airlines will coordinate their passenger and cargo services on key parts of their global networks. Boxes off at Port of Montreal in '01 Exel signs 10-year contract with Saab Stolt-Nielsen allies with Jo Tankers Danzas sees Brazil growth China airport gets customs upgrade Exel buys U.S. Consol Updated schedule of port security hearings Menzies adds war-risk surcharge Censa is merged into ICS committee

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Exel reprend l’entreprise de groupage USCL Le prestataire de services logistiques Exel commence l’année en force. Il vient de reprendre les activités et biens de l’entreprise de groupage américaine United States Consolidation Limited (USCL) et décrocher un important contrat avec le constructeur automobile Saab. Exel a également renouvelé son accord avec le géant de la pharmacie Roche. Amorce de redressement dans le secteur aérien? Le secteur aérien ne s’est toujours pas remis des attentats du 11 septembre. Les chiffres de trafic de décembre 2001 semblent toutefois indiquer un début de reprise, selon la presse économique internationale. L’optimisme plus que mitigé provient principalement de la constatation que la baisse du trafic a été moins importante en décembre qu’au cours des mois précédents. Ostende: Ferryways et Searoad Stevedores ont le vent en poupe Le port d’Ostende a très bien marché l’année dernière. On peut même dire qu’il a présenté dans certains secteurs les taux de croissance les plus élevés des ports belges, à savoir + 12,6% pour l’ensemble du trafic marchandises et + 37% dans le domaine plus particulier des trafics ro/ro. Ces performances résultent de la conjugaison de plusieurs facteurs, à savoir la mise en service de nouvelles infrastructures et par conséquent, la venue de nouvelles entreprises génératrices de trafics. L’armement Ferryways et sa société soeur Searoad Stevedores, qui exploite le nouveau terminal du Zeewezendok, devenu polyvalent ro/ro-lo/lo, figurent en tant qu’animateurs principaux de ce renouveau que connaît ce port côtier belge. L’Inspection de la Navigation intérieure emprunte des voiesnouvelles La loi du 3 mai 1999 a sensiblement modifié la vie du batelier opérant sur les voies d’eau belges. Les autorités belges ont dès cet instant inspecté les unités fluviales belges et étrangères empruntant les voies d’eau nationales. Après près de deux ans d’activité, une certaine routine s’est installée. “En général, nous constatons que les bateliers souhaitent respecter la législation concernée”, précise l’inspecteur en chef Guido Lannoy. “De nombreux bateliers nous demandent comment satisfaire à toutes les prescriptions de la nouvelle législation et coopèrent volontairement aux contrôles. Ils exigent toutefois que le concurrent soit traité sur un même pied à la jetée suivante”. Il s’est toutefois avéré l’année dernière que nombre de bateliers ne disposent pas des documents requis.

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JANUARY 7, 2002
Carnival turns guns on RCCL P&O Princess shareholders urged to defer EGM as biggest cruise line attacks deal with "weak" partner. Cosco to list Guangzhou unit Chinese shipping giant in search of domestic funds to expand mainland company. Moller to reveal more? Danish shipping giant poised to open up books, but only slightly, and not yet. Jo Tankers links with Stolt-Nielsen Top chemical carriers seek big savings from co-operation in US Gulf to Asia trade. SEC probes ACLN Embattled car carrier to co-operate with investigation but fight class actions. Port state control nets Klaveness bulker Port state control inspectors in the Paris MOU states pulled in 144 ships during November. Gas-free restrictions eased for India Indian breakers set to compete on tanker tonnage in 2002 in anticipated demolition flood. Kvaerner pushes back share issue Cash strapped Norwegian group delays by days as creditors take time to ensure watertight arrangement. HHI sees income rising in 2002 Korean yard Hyundai expects higher margin vessels to bring in cash this year, after dismal 2001 performance. Asian shipping equities fall 25% in 2001 The past year will be one investors will wish to forget after $13bn was wiped off the value of stocks. OECD warns of 'proliferation of disputes' Poor industry prospects may tempt governments to increase subsidies, sparking further shipbuilding clashes. Israeli commandos seize weapons ship Military forces from the Jewish state seize 50 tonnes of weapons after boarding a ship in the Red Sea. Teekay dividend remains unchanged Aframax tanker giant maintains same quarterly dividend despite market uncertainty.