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Shipping News

Cosco to sail weekly to Boston port from March
CHINA's largest shipping company, the China Ocean Shipping Group , will begin weekly trips between Asia and Boston in March, even as other Asian lines cut routes amid falling rates.
Pelepas port management shake-up talk quashed
Moore Stephens launches recruiting service

Air and Land Transport

Airbus beats Boeing with more orders last year
AIRBUS won contracts for more new aircraft than US rival Boeing Co last year as airlines placed orders for the European planemaker's new 550-seat A380, which will be the largest commercial jet.
Qantas, maintenance staff agree on wage freeze
ANA to market flights with two small domestic airlines
Ryanair files new complaint with EU against Lufthansa
Cathay pilots complying with their contract

web site

Shipping News

Cosco to sail weekly to Boston port from March
CHINA's largest shipping company, the China Ocean Shipping Group , will begin weekly trips between Asia and Boston in March, even as other Asian lines cut routes amid falling rates.
Pelepas port management shake-up talk quashed
Moore Stephens launches recruiting service

Air and Land Transport

Airbus beats Boeing with more orders last year
AIRBUS won contracts for more new aircraft than US rival Boeing Co last year as airlines placed orders for the European planemaker's new 550-seat A380, which will be the largest commercial jet.
Qantas, maintenance staff agree on wage freeze
ANA to market flights with two small domestic airlines
Ryanair files new complaint with EU against Lufthansa
Cathay pilots complying with their contract

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Cosco Logistics officially up and running Customs reports record tariff revenues at Xiamen port Savannah's new Mason facility reports growing business Hong Kong and mainland speakers at TOC 2002 Asia GAC upgrades Turkey web site Emirates removes fuel surcharge Air freight conference in Seoul Shanghai cargo procedures streamlined Asiana divests

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JANUARY 10, 2002
U.S. Postal with British Post in Europe Big take-over in German logistics Negative message about air traffic ChemConnect acquiring CheMatch Kuehne & Nagel joins Bolero.net US Rail ton-miles record in 2001 Celarix gets USD 17 million funding

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MoS pursuing case for tonnage tax, depreciation rate hike in Budget Definitive dumping duties on PoY mooted NM Port attracts cruise liners too! Kandla Port sets new record in cargo handling Concor's Nagpur Container Terminal completes 5 years 15 goods face excise duty hike before Budget Apeda envisages larger export market for potatoes ICMF: Raw cotton import duty hike will cripple textile industry Mait presents Budget wish-list to Fin. Ministry Funds tied up for 77 km of National Highway-4 Committee suggests exclusive NRI-promoted projects in SEZs Ports, shipping sectors ripe for overseas investments: Vedprakash - 'Berths awaiting ships now'

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JANUARY 10, 2002
US Gulf suppliers push prices down on the back of sluggish demand Steady to slightly softer market in Antwerp today, Rotterdam slightly firmer Bunker prices for North European markets Steady market in Piraeus Singapore softens some more, but may have bottomed out Italian markets softening Gibraltar deliveries back to normal, congestion easing Prices softer in Japan as congestion eases Hong Kong quiet, Taiwan posted prices down on all grades Korea soft on low demand, regional weakness Rotterdam steady despite soft crude on tight avails New York and Philadelphia prices slide on good avails, slow market Steady markets in Montreal and Halifax, some chance of price fall

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Hellmann: new branch in Denver Spinnaker launches executive search service BV continues commitment to marine gas transportation research Concept approval for GGT containment system Marad will play role in transportation security agency Maersk Sealand raises Japanese port charges Product tanker for OMI Corp Cosco/"K" Line/Yang Ming add Boston to Pacific Pendulum First-quarter loss for Greenbrier Railamerica acquires US West Coast short lines

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JANUARY 10, 2002
Three port commissioners make it official in Seattle Portland port board updates transportation improvement plan Transportation marketing group looking for award program entries Boeing leading the way in 2001 airline deliveries Olympia Port Commission meetings to be taped for community television

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Trieste, scontro sui container Attesa tra una settimana la svolta per la permanenza o meno della compagnia di navigazione Lloyd La «tonnage tax» rinviata al 2003

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We're being picked on says Tonga ONE of the latest additions to the world of open registries has made it clear it is not enjoying a sudden burst of publicity in the past few days, writes Nigel Lowry in Athens. Russia-China axis in class push into Asia THE Russian Maritime Register of Shipping and China Classification Society have entered into a formal agreement for "enhanced co-operation", with the Asian market in particular in their sights . Investors unlikely to stomach 'poison pill' LEADING institutional investors are expected to raise concerns about the "poison pill" arrangements embedded in the P&O Princess-Royal Caribbean Cruise joint venture when they meet next week at the Association of British Insurers. P&O Princess faces Valentine's Day massacre THE two rivals vying for the hand of P&O Princess have begun to pitch their respective hard sells to the UK operator's shareholders, ahead of a crucial extraordinary meeting on February 14.

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JANUARY 10, 2002
Argentine upheavals spare maritime Ill-timed hike slammed in Argentina Hainan Haisheng Shipping acquired China's port management transferred Danube still blocked by ice Court rules on working conditions Karachi to float $25M dredge tender Zim to be privatised 'by March' P&O confirms Hyundai port talks Cochin security on red alert EBRD to help with Latvian sale Doctored fuel is 'tip of iceberg' Mumbai hit by dockers strike Thailand to enlarge cruise berths ANL back on Bass Strait USCG admits port security weakness Korea to implement Chinese charge Portland approves $747M investment Terrorism costs bite US port guards

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JANUARY 10, 2002
Key test for Swiss airline plan Switzerland will see if a plan to forge a new airline from bankrupt Swissair will fly with voters. Lines slate Asia-US East Coast service The new all-water service will include a direct call at Boston. Cosco unit expanding Thai terminal The Port of Laem Chabang is being expanded as part of a terminal sale to Cosco's local agent. Hellmann opens Denver office US&T renamed Velocity Express Varig to resume Miami-Manaus flights Americas Systems offers project management software Mitsui adds more Vastera software Kuehne & Nagel joins bolero.net

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Hesse Noord Natie: 45,11 mio. de t de diverses en 2001 Hesse Noord Natie, le nouveau géant de la manutention portuaire à Anvers, qui est issu de la fusion des entreprises Noord Natie et Hessenatie et dont le groupe PSA est appelé à prendre le contrôle prochainement, a traité l’année dernière un trafic de 3,51 millions de TEU, ce qui correspond à 83,61% du trafic containérisé global du port d’Anvers, à supposer que le score final de ce dernier soit de 4,2 mio. de TEU (ce dernier chiffre est encore provisoire pour l’instant). Haniel Container Line complète son offre en transports intermodaux L’opérateur fluvial containérisé Haniel Container Line (HCL) est chargé depuis début janvier de la représentation commerciale à Anvers des terminaux intérieurs de CTS à Cologne, DCH à Düsseldorf et UCT à Dormagen. Les trois terminaux font partie du groupe sud-africain Imperial Holding, tout comme Haniel (depuis 1999). “En unissant nos activités, nous pouvons proposer à notre clientèle une palette complète en matière de transports intermodaux”, nous a dit Hans Sijthoff, managing director de HCL à Anvers. SNCB: les prévisions pessimistes des syndicats sont encore inférieures à la réalité Evolution de la dette de la SNCB, budget d’investissements 2001-2012, budget d’exploitation 2002, ABX: tels ont été les principaux points développés par le Front commun syndical de la SNCB au cours d’une conférence de presse à Bruxelles. Les syndicats estiment avoir eu raison trop tôt, mais surtout, ils s’inquiètent de l’évolution financière de la société, des développements vers la perte d’unicité de la société et du manque de personnel. Les bas tarifs donnent une image déformée de la reprise du secteur aérien européen Si les cotations des compagnies aériennes européennes ont légèrement augmenté suite aux meilleurs chiffres de décembre, les analystes estiment toutefois qu’il est trop tôt pour crier victoire. L’amélioration du taux d’occupation est entre autres dû aux remises tarifaires importantes accordées par les compagnies.

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JANUARY 10, 2002
Argentinian ship pilots, owners at odds Ship pilots are seeking payments according to the new currency exchange rate. ICCL seeks effective waterside patrol Cruise ships have to lower lifeboats to assist in security patrol at some ports. Tsakos snaps up Diamond Echo It's official. Tanker prices are on the slide as single hull, 1990s-built unit finally gets sold. Horst Rahe set for huge windfall Row flares over German owner's $178m each way bet on the future of P&O Princess. Iino does tanker switch Japanese owner markets modern sales candidate while rumours link company with newbuilding order. Argentinian bunker prices remain steady The local currency devaluation is not likely to inflate bunker prices. Nordic American cuts dividend Time charter rates for BP suezmaxes fall to near floor levels. Brostrom revises stock index Swedish tanker owner invites comparison with OMI and Stelmar. Jo Tankers builds fleet Chemical tanker player exercises purchase option and locks in two more ships. ULCC newbuilding emerges onto bleak market The look of Hellespont's 442,00-dwt tanker earned it the nickname "white elephant". Will it become one? TTS moves up a gear Bergen supplier becomes second largest in world with $18m takeover of Hamworthy KSE. MSC boxship proves repeat offender Australian port state control detained eight ships during December, including an 'old friend'. Dull times for Color Line Fewer passengers take a trip on Norwegian ferry owner's ships. HMM talks ports to P&O More bailout cash could be coming the way of Korean owners as it moves to sell-off assets.