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Shipping News

Klang port installs RM7m machine to scan containers
PORT Klang's North Port has begun scanning shipping containers with a new RM7 million scanner as ports across Asia begin to address the gaping security hole in global seaborne cargo.
PSA mulls foray into offshore sector
PSA hopes to buy 80% of Belgium's terminal operations
Panel formed to map out maritime R&D

Air and Land Transport

Govt advised to sell Sydney Airports Corp soon: report
AUSTRALIA should sell Sydney Airports Corp soon because as much as A$2 billion is needed to upgrade runways for bigger jets ordered by Qantas Airways Ltd, the government's adviser Salomon Smith Barney has recommended, the Australian Financial Review reported.
UK aviation body supports BAA fee hikes
Boeing delivered 36 aircraft in Feb
Air NZ in the red with H1 loss of NZ$376.5m
Ansett break-up may take up to 2 years
US airlines' 'bumping' rate at new low
Japan carriers offering cheap N America, Asia trips

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Shipping News

Klang port installs RM7m machine to scan containers
PORT Klang's North Port has begun scanning shipping containers with a new RM7 million scanner as ports across Asia begin to address the gaping security hole in global seaborne cargo.
PSA mulls foray into offshore sector
PSA hopes to buy 80% of Belgium's terminal operations
Panel formed to map out maritime R&D

Air and Land Transport

Govt advised to sell Sydney Airports Corp soon: report
AUSTRALIA should sell Sydney Airports Corp soon because as much as A$2 billion is needed to upgrade runways for bigger jets ordered by Qantas Airways Ltd, the government's adviser Salomon Smith Barney has recommended, the Australian Financial Review reported.
UK aviation body supports BAA fee hikes
Boeing delivered 36 aircraft in Feb
Air NZ in the red with H1 loss of NZ$376.5m
Ansett break-up may take up to 2 years
US airlines' 'bumping' rate at new low
Japan carriers offering cheap N America, Asia trips

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Ecu-Line adds service to China Port of Savannah moving at record pace PSA reports continued growth in February Matson claims general rate increase lowest in three years Merger of Hesse-Noord Natie accomplished GAC finds Joy in South Korea Cathay Pacific optimistic despite difficult year Airline traffic decline in recovery mode in January Delta reports decrease in February traffic

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MARCH 7, 2002
P&O Nedlloyd result and expectations disappointing P&O expects further slowdown Result Nedlloyd down Stonepath to acquire Global Transportation Services US Airways names David Siegel ceo FedEx Custom new online shipping toolkit

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Keppel keen on tie-up with CSL Century Textiles to close shipping division Shahi Shipping proposes JV with IWAI - Barges, terminals development Safmarine absorbs Himalaya Express' Indian subcontinent services Cashew exports set to take quantum leap in 2001-02 China investigating alleged dumping of phthalic anhydride by India Tariff-related quota for sensitive items in revised Indo-Nepal trade treaty Bush imposes 8 to 30 pc duty on steel imports for 3 years Pipavav Port approaches Revenue Dept for introduction of EDI New record in dun peas handling set at TPT Alang shipbreaking industry at breaking point Kandla Port Trust ties up with CWC to develop CFS Rudy outlines strategy for larger share of gem & jewellery markets Union Cabinet okays automobile policy, but suggests changes Addl input-output norms for 36 new export items Project completion cost calculation made mandatory Tug-of-war at JNPT on Buffer Yard - Foreign Trade Analysis: Current Policy & Procedures Export-driven Asia may pick up with gradual US recovery Marine Engineers to host national convention in Goa

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MARCH 7, 2002
Market scan of the Baltics Product avils in Antwerp still causing some problems Slow demand reported in Italy Healthy product avails in Gibraltar Healthy demand observed in both Piraeus and Istanbul Crude oil climbs higher on US-Iraq, oil demand South Korea and Japan market snapshots EIA warns of higher prices if OPEC maintains production cuts Quiet and firm market reported in Singapore, some tight avails Crude oil rises on US-Iraq tension Rotterdam morning market report

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MARCH 7, 2002
No tunnel to Sakhalin Grimaldi: Renault cars to Koper Maersk Sealand serves Istanbul New ferry departures from Constantza Ports and shipowners for tonnage tax Improved security in Italy's ports New ferry for Tirrenia eModal opens East Coast office and expands staffing Port targets facilities for future development in outlook 2002 Challenge for government in towage price increase Cooperation between Panalpina and Lufthansa Systems

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MARCH 7, 2002
Northrop gets $150 million carrier contract Northrop Grumman's Newport News unit has been awarded a multi-year, multiship contract by the U.S. Navy for nonpropulsion work on Nimitz-class aircraft carriers in San Diego through 2007. OECD focuses on maritime security The focus of international efforts to enhance maritime security has currently switched to the OECD. Fast ferry giant finalizes fleet deployment Sea Containers, which operates a fleet of 16 fast ferries in eleven countries, has finalized deployment of its craft for 2002 Farstad joint venture set for Brazil AHTS contract Brazilian Offshore Services (BOS), a 50/50 joint venture between Norway's Farstad Shipping ASA and Petroserv SA, is set to win three contracts of 8 years duration in the present Petrobras tender for anchorhandling vessels.

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MARCH 7, 2002
President Bush imposes tariffs on imported steel Corps wants to hear from public on Columbia Mouth dredge plan PDX noise committee will meet next Thursday New Security checkpoints due for Sea-Tac Airport concourses American Airlines expanding service from Sea-Tac Airport

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Cagliari, il porto fantasma Poche navi, polemiche sulle nomine mentre gli obiettivi del piano industriale non sono centrati

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P&O Nedlloyd cuts a 1,000 more jobs P&O Nedlloyd is axeing a further 1,000 jobs, almost 14% of its shore-based staff, as the containership operator confronts mounting losses in the current year. Carnival turns up heat on P&O Princess shareholders CARNIVAL, the world's largest cruise group, is maintaining the pressure on reluctant bid target P&O Princess by warning that the UK company is shortchanging shareholders through its preferred merger with Royal Caribbean Cruise Lines. US steel tariffs threaten serious fall in bulkers' prospects EMPLOYMENT prospects for capesize and handysize bulkers globally would be hit the hardest by President Bush's decision to impose tariffs on steel imports into the US, say leading shipbrokers.

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MARCH 7, 2002
Holt edges towards reorganisation Marshalls signs Marpol VI Have your say P&O Nedlloyd profits tumble Prices double as African crops fail Buenos Aires boxes to fall further Yard workers to pressure Brussels Singapore's Keppel eyes Cochin yard Gatun Lake deepening begins Pak One reaches permanent grave Minister slams Adsteam hikes S Africa welcomes steel exemption Steel carrier awaits developments Further lay-offs at Incat Thailand seeks spill compensation Dar in the dark over buoy theft P&O results prompt keener focus Egypt ratifies sensitive terminal Jordan, Syria to develop links Cosco to consolidate on Italy Bosporus crew changes updated Korean yards hit back at EC HMM car carrier sale to net $1.5Bn Spill trial seeks damages

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MARCH 7, 2002
P&O Nedlloyd will ax 1,000 jobs As profits plunge, the carrier looks to cut $50 million in costs by the end of the year. Singapore: Sweet offer for Evergreen? AA Cargo business rebounding The carrier said that Wednesday was its highest-volume day since last fall's terrorist attacks. AAPA rips Corps budget cuts Elvis cuts Bangladesh export forgery Labor battles brew at Brazilian ports Miami International Forwarders opens Jax office NCF will hold supply chain security conference Ports, carriers hit steel tariffs Consolidated Freightways seals Mail-Well deal JoC Trans-Pacific Conference: No West Coast work stoppages, Miniace says, but issues remain JoC Trans-Pacific Conference: Lines must avoid price war ILWU joins Intl. Dockworkers Council

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P&O Nedlloyd accélère les rationalisations pour contrer la baisse des frets Un millier d’emplois, sur un total de 7.200, disparaîtront cette année chez P&O Nedlloyd. La réduction des effectifs annoncée hier concerne uniquement les activités à terre. Un nombre non détérminé de licenciements aura également lieu du côté du personnel navigant. La réduction des effectifs sera en outre poursuivie en 2003 et certaines activités seront transférées vers des pays à bas salaires, ont annoncé jeudi matin Haddo Meijer, le président du groupe Nedlloyd et du comité exécutif de P&O Nedlloyd, et Robert Woods, le group managing director de P&O Nedlloyd, lors d’une conférence de presse à Rotterdam. L’opération de rationalisation était déjà prévue mais sera désormais accélérée, a déclaré Woods. FM Logistic n’est plus à vendre Le groupe de transport routier, d’entreposage et de logistique à valeur ajoutée FM Logistic (connu jusqu’il y a quelques années sous le nom de Faure & Machet) n’est plus à la recherche d’un repreneur. Il y a deux ans environ, il avait annoncé vouloir “s’adosser à un partenaire international” afin d’assurer sa pérennité. Cette recherche a été infructueuse. Les responsables de l’entreprise se sont au contraire rendus compte que l’indépendance offrait les meilleures perspectives d’avenir. Le groupe estime en effet que son patrimoine immobilier, constitué au cours des vingt dernières années, lui donne les bases capitalistiques suffisantes pour poursuivre sa croissance, qui devrait continuer à être principalement interne. Après une forte expansion dans les pays de l’Est au cours des sept dernières années - qui l’a mené jusqu’à Vladivostok! - le regard se porte à nouveau sur le marché logistique ouest-européen. La Belgique figure en bonne place dans les axes de développement. Gefco a racheté la participation de KN dans le réseau de messagerie en Allemagne Le groupe français de transport et de logistique Gefco, qui avait pris le contrôle du réseau de messagerie de Kühne & Nagel en Allemagne à la fin de 1999, détient désormais la totalité des actions, nous a déclaré Christian Zbylut, directeur général “Réseau” de Gefco. La transaction date du 1er janvier dernier, mais n’avait pas encore été rendue publique. Le terminal TRW de Bierset sera opérationnel le 15 juin prochain La décision est enfin tombée: le terminal intermodal de la zone logistique de Bierset, près de Liège, sera opérationnel le 15 juin prochain. Il sera géré par une société mixte TRW-IFB et sera relié au Cortax à Schaerbeek, de sorte que toutes les liaisons de TRW avec l’Italie, la France et l’Espagne seront proposées. Cest ce que nous a déclaré Jean-Luc Mélard, directeur général de TRW, en marge de la SITL. Il nous a également annoncé que plusieurs autres projets sont à l’étude, dont un deuxième train sur l’Espagne par la façade méditerranéenne, et un hub à Lyon. TRW, manifestement, a le vent en poupe, stimulé non seulement par un retour aux bénéfices, mais également par une croissance - atypique pour le secteur - à deux chiffres.

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MARCH 7, 2002
Japanese LNG buyers 'take control' Malaysian owner left with spare shipping capacity as it strives to secure contract extensions. Intertanko sets up new panel The tanker owners' body establishes Latin American Panel to represent regional owners and operators. Strong bookings pushing up Carnival stock The cruise booking wave season is churning out better-than-expected results. Stock price to determine Georgiopoulos's portfolio The Genmar boss will receive more shares if stock prices exceed IPO levels on the first anniversary. Delaware shipping channel reopens A sunken barge was finally raised Thursday after several days of salvage work. Penultimate Croatia Line boxship for sale One of the bankrupt owner's last two ships will go under the hammer next month. Proposed tax to hurt Alaskan cruise industry A $30-per-passenger tax was included in the state budget proposal. Disaster boosts SeaStreak Disruption of New York subway system gives lift to Sea Containers fast ferry venture. KSS Line to list in Korea Gas carrier and chemical tanker owner expected to apply to go public this month. Luship workers fight to keep jobs Row brewing over merger of shipping companies in Papua New Guinea. P&O Nedlloyd sinks into loss Container line axes 1,000 jobs and seeks to cut costs by an extra $150m a year. P&O profits up despite hard year for ferries UK shipping and ports group increased net earnings, but ferry services were hit by foot and mouth disease. Royal Nedlloyd results slump Both liner shipping and aviation joint venture interests are suffering. Nenaco baffled by share price surge Restructured Philippines ferry owner's stock rises 50% in a day. For IMarE, now read IMarEST Venerable institute broadens its scope to reflect importance of science and technology in industry.