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Shipping News

Shanghai chalks up 31% rise in H1 container volumes
SHANGHAI port has continued its steep volume growth, handling 30.9 per cent more containers in the first half of 2002 than in the first six months of 2001.
S'pore, Hague, sign MoU on maritime cooperation
APL launches online credit card payment
MISC withdraws bid for India shipping line
No Yantian port share sale: Hutchison

Air and Land Transport

Air India to spend US$1.5b on new jets
WITH 22 flights cancelled in a month and 10 planes out of a fleet of 28 grounded for repairs over the past 45 days, Air India has plans to expand its fleet at a cost of more than US$1.5 billion.
US Airways, pilots yet to resolve key issues
United Air mechanics, bag handlers reject pay cut
China Southern, 2 others invest in Sichuan Airlines
France faces legal action over Channel Tunnel security
Log Book

web site

Shipping News

Shanghai chalks up 31% rise in H1 container volumes
SHANGHAI port has continued its steep volume growth, handling 30.9 per cent more containers in the first half of 2002 than in the first six months of 2001.
S'pore, Hague, sign MoU on maritime cooperation
APL launches online credit card payment
MISC withdraws bid for India shipping line
No Yantian port share sale: Hutchison

Air and Land Transport

Air India to spend US$1.5b on new jets
WITH 22 flights cancelled in a month and 10 planes out of a fleet of 28 grounded for repairs over the past 45 days, Air India has plans to expand its fleet at a cost of more than US$1.5 billion.
US Airways, pilots yet to resolve key issues
United Air mechanics, bag handlers reject pay cut
China Southern, 2 others invest in Sichuan Airlines
France faces legal action over Channel Tunnel security
Log Book

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IRA members to apply fuel adjustment factor P&O Nedlloyd makes strategic acquisitions in US VPA to mix it on Sterling site RTW Air increases network Swift Group 2002 AGM to be held in Nairobi Delta plans non-stop Atlanta-Palm Springs service US airlines broadcast Q2 results

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JULY 10, 2002
Income Deutsche Post to be cut Deutsche Post is the first European postal operator to be called upon to lower its postage rates. The German regulator is forcing DP to lower its rates. Keegel want UPS 'to get serious' Teamsters General Secretary-Treasurer Tom Keegel told UPS negotiators that now is the time to get serious, making his UPS opponents laughing out loudly. New products and strategy BA Cargo British Airways World Cargo announced the launch of a new global product range, signaling the carrier's re-entry into the 'loose segment' of the market. EU agreement on maritime safety The EU in Brussels has reached final agreement on a warning and information system for ships at sea. In principle, all ships of more than 300 tonnes wanting to call at a European port must be equipped with an automatic identification system. P&O Nedlloyd bus Gilbert companies in US P&O Nedlloyd Logistics has acquired from "The Gilbert Companies" the combined entities of "Gilbert East", "Gilbert West", and "Gilbert Air Cargo". Lufthansa traffic down in June 2002 Although passenger numbers and cargo volume remained below the prior-year level in the second quarter of 2002, the shortfall was not as pronounced as in the first quarter of 2002, according to Lufthansa.

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Float glass comes under dumping probe Dumping duty slapped on imports of PHPG base from EU Coir exports at all-time high Auto parts makers may scale The Great Wall India's tobacco exports to buck global trend Flower exports earn $ 26.67 m in 2001-02 MEDC seminar on 'Ports & Shipping' on July 20 Cochin Port registers 42 pc growth in Q1 of 2002-03 TAMP hq. may be shifted to Mumbai - 2 new part-time members to be appointed soon KCHAA ends strike for better railway facilities CII launches time-bound action plan to restore state's industrial supremacy CIAe urges AEPC to withdraw show-cause notices issued on apparel exporters International airport to come up in Goa in 3 years HEPC concern over anomalies in new duty drawback rates Business confidence recovering: Ficci surveys Exim Bank extends $ 25-m line of credit to Russian bank Asean adopts new formula to expedite markets opening

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JULY 10, 2002
Singapore: No links between new supplier and defunct companies Canadian bunker market still steady Demand in Houston picks up on the back of increased bunker values Crude rallies as DOE confirms bullish API report Ecuador price update from Vepamil Ecuador price update from Navipac OPEC increase? Singapore oil spill Houston Ship Canal hiccup Fujairah market bullish following firm crude values African market report from GAC Sri Lanka: Bunker fuels exempted from VAT Oil prices rise as APIs surprise the market again African market scan IPE Statement on the Brent Market Suez avails still a little tight Modest changes to Saudi posted prices Rotterdam morning market report from Marine Bunkering Fuels technical expert Dr. Vis answers questions on Bunkerworld.com

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JULY 10, 2002
Fellestransport starts groupage services Interporto Sud Europa SBB to buy more diesel locomotives SBB Cargo to invest another CHF 32 million «Cargo Domino» Eurokombi's new terminal in Hamburg Bertschi expands BASF facility Inland shipping freight market, week 27, 1st/5th July, 2002 WTSA: Container lines prepare to pass through rail security costs Maersk Logistics expands its presence in China SWISS records 5.2 million passengers in the first half year of 2002

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JULY 10, 2002
Germany launches mine hunter project The German Parliament has approved an ambitious SWATH-based R&D program for future Mine Counter Warfare at sea- Cruising on track to meet 7.4 million passenger goal Nearly 1.7 million North American passengers cruised during the first quarter of 2002 Cruise line buys X-ray screening equipment Rapiscan Security Products, Inc has made a $1 million sale to a leading international cruise line

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JULY 10, 2002
Port of Olympia honors outgoing advisory committee members Customs opens second round of membership into C-TPAT International Trade Commission inks import restraints paper Vancouver, BC port authority looks at adding concrete plant APL allowing Internet customers to pay demurrage fees with plastic

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Baltic to gamble its future on e-broking Leaping into a sector where so many have failed, the Baltic's chairman, Peter Kitching, said yesterday he expected the initiative to pay for itself within a minimum of five years. Electronic freight futures 'flop' defended PETER Kerr-Dineen has defended the Baltic's electronic freight futures trading platform from charges that it has been an expensive flop, writes Neville Smith. Dick Cheney faces fraud lawsuit ACCOUNTING scandals engulfing corporate America yesterday raged deeper into the heart of the Bush administration, with vice-president Dick Cheney facing fraud allegations over his time at the head of oil services firm Halliburton. Basle II bank capital rules in place by end of 2006 BANKING supervisors now aim to have new capital adequacy rules for banks implemented by the end of 2006, two years later than originally planned. P&O Nedlloyd Logistics buys US operation P&O Nedlloyd Logistics has moved swiftly into the US distribution arena with the purchase of three companies serving the domestic supply chains of major retail corporations and wholesalers. Lloyd's List Focus- Maritime security under the spotlight LLOYD'S List has made the whole maritime security issue one of its highest priorities, and you will find below a number of the articles that tackle this crucial issue.

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JULY 10, 2002
Ship fire put out, none hurt Shipping hit at Puerto Bolivar Politics blamed for crew's plight Operators warn of Antwerp delays P&O Ned strengthens logistics US institute warns against mergers No re-negotiations on Nhava Sheva Crowds greet Agulhas return Pain ahead of gain for Baltic USCG 'must be transferred intact' Carriers add security surcharge Operators cool on selling Caribbean Brisbane assesses own towage option Viking ferry arsonist sentenced Somalis linked to Murtada mystery One Equity in yard merger rumours Flying Dolphins office hit by blast Holland America also drops St Croix OMI tankers on BP charter Maersk to exit Westbound agreement Brazilian yard set for revival Dutch sign Singapore co-operation Ecuador steps up war against piracy

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JULY 10, 2002
Legislation preserves Customs' roles The House Ways and Means Committee has approved changes to legislation that will secure the Customs Service's traditional trade and revenue functions in a new Department of Homeland Security. 'Brown'-out for UPS Teamsters as carrier cuts jobs amid customer fears United Parcel Service said it has laid off thousands of union employees as shippers divert business to competitors ahead of a possible strike. Deutsche Post ax won't fall in US Its DHL Worldwide and Danzas AEI units won't be affected by the mail and logistics giant's threat to cut 10,000 jobs following the German government's decision to lower postage rates. Maersk Logistics opens China offices Brazil braces for more Customs strikes CSX Corp. names Ward president Schenker USA opens Indy hub Norfolk Southern acquires Pa. trackage rights GeoLogistics names new president, CEO Railroad safety improving: AAR chief Vintage Electras take over Swedish mail route Phoenix lands Fokker services

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P&O Nedlloyd Logistics revoit sa stratégie logistique Le groupe portuaire, maritime et logistique britannique P&O Nedlloyd a acheté trois entités de l’entreprise de transport et de logistique américaine The Gilbert Companies. Il s’agit des divisions Gilbert East, Gilbert West et Gilbert Air Cargo. Cette acquisition est donc synonyme de développement des activités logistiques et de gestion de chaîne d’approvisionnement mondiales de P&O Nedlloyd. Antwerp Airport: le VEV et la CCI d’Anvers réclament la mise en tunnel de la Krijgsbaan Mieux vaut tard que jamais: on attend pour lundi prochain une communication du gouvernement flamand concernant la gestion des aéroports flamands d’Anvers et Ostende, et pour le premier, la manière de l’optimaliser, aussi dans la perspective des nouveaux règlements de l’OACI concernant les pistes. Au cours d’une conférence de presse commune, la CCI d’Anvers et le Vlaams Economisch Verbond ont plaidé - in extremis - pour la mise en tunnel de la Krijgsbaan afin de garantir la pérennité de l’aéroport, outil indispensable pour la métropole anversoise. Le Modalohr homologué avant la fin de l’année? Le nouveau système français de transport combiné Modalohr pourrait être homologué cette année encore. C’est ce qu’a déclaré Sébastien Lange, directeur du développement de la société Modalohr, à nos confrères de La Vie du Rail. La mise en service de ce système, entre la France et l’Italie, est désormais prévue pour février 2003, et non plus décembre 2002, comme annoncé avant les élections en France. Transfert d’un trafic d’huile de poisson de Rotterdam vers Gand Le port de Gand a réussi à attirer un nouveau trafic. La firme Locachim, qui est implantée le long du Grootdok, a en effet signé un contrat avec l’entreprise rotterdamoise Smit Trading pour le transbordement, l’entreposage et la distribution d’huile de poisson. L’entreprise néerlandaise est le numéro un mondial du commerce d’huile de poisson. Ce trafic transitait jusqu’à présent par Rotterdam.

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JULY 10, 2002
Panama Canal toll hike plan under fire International Chamber of Shipping is seeking postponement of toll increase introduction. HDW stock sale may be reversed Babcock administrator says $348m stock sale to US bank could be reversed in principle. RCCL's CFO jumps ships Richard Glasier will leave Royal Caribbean Cruises to join riverboat casino company. USCG detains illegal migrant One Ukrainian crew member jumps off Panamanian-flagged refrigerated containership in Florida. Cruise firms to decide on newbuilding options Royal Caribbean Cruises and P&O Princess have options for one vessel in 2005 and 2006. Polish seafarers stuck in Greek red tape Crew aboard two V.Ships container vessels cannot leave Astakos because of Schengen rule changes. Baltic to plough cash into e-trading venture London shipping exchange refuses to give up on online trading venture despite broker criticism. Cattle carrier death toll mounts More animals have died onboard a new ship after Saudi authorities refused permission to unload. Leif Hoegh profit slips Norwegian owner is predicting a year-end result in line with operating totals for 2001. P&O Nedlloyd expands US logistics operations Container line's logistics unit buys Gilbert warehousing and trucking businesses. Baltic bleeds cash While members of London's shipping exchange log strong returns. Houston ship channel reopens A tugboat sank near Texas City late Monday, halting vessel traffic temporarily. Second bomb blast rocks Piraeus Hellas Flying Dolphin offices in Greece hit by second explosion in 10 days. New Philippines to Indonesia ferry route mooted Owners from both countries meet in Davao City to discuss service between Mindanao and Sulawesi. Great Eastern bonds with investors Indian owner raises $18m from issue of five-year notes. MISC details SCI bid pullout Malaysia International Shipping Corp has reassessed its buying and bond sale plans. Maersk stands alone Giant containership owner is leaving the major US to Asia rate discussion group WTSA. Hanjin completes CEX change South Korean liner firm introduces last of new ships for its China-Europe service. Keppel inks $90m in FPSO conversions Ship conversion sector showing signs of recovery as Singapore yard clinches three contracts.