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Yantian presses ahead with 10b yuan expansion plan
IN a race to keep up with explosive cargo growth out of Shenzhen, Yantian container port is pushing ahead with a 10 billion yuan plan to build six more container berths as it inaugurates the first of four new berths under its current expansion phase.
Japan-owned ship blamed for Chittagong crash
THE Japanese-owned container vessel Eagle Strength has been blamed for a Chittagong port collision authorities now say damaged 18 Bangladesh Navy vessels.
PSA's Belgian unit orders 9 straddle carriers
PSA Corporation's wholly-owned Belgium subsidiary Hesse Noord Natie has ordered nine new Kalmar straddle carriers for its River Shelde terminals.
Star sells US$150m of convertible bonds
STAR Cruises, the world's fourth-largest cruise line operator, sold US$150 million of convertible bonds to buy ships.
NY ferry drydocked during probe
THE damaged Staten Island ferry, Andrew J Barberi, with Brooklyn in the background, is pulled by tugboats from the Saint George Ferry Terminal on Staten Island to the Brooklyn Navy Yard where it will be drydocked during the ongoing accident investigation.

Air and Land Transport

Boeing targets new orders, takes latest jet on roadshow
AMERICAN aircraft maker Boeing flew into Changi what it billed as the technologically most advanced plane, the B777-300ER, on a demonstration and test flight.
Concorde set for supersonic exit as BA retires fleet
Sahara Airlines seeking govt nod to fly overseas
Continental bounces back into the black in 3rd qtr
Northwest posts US$47m profit
Lufthansa to rebrand 5 regional carriers

Ship Sales

SHIP SALES
THE explosion in the dry bulk market, especially for the Capesize tonnage, shows no signs of slowing and chartering rates for spot and period fixtures have climbed to new highs, establishing record levels along the way.

web site

Shipping News

Yantian presses ahead with 10b yuan expansion plan
IN a race to keep up with explosive cargo growth out of Shenzhen, Yantian container port is pushing ahead with a 10 billion yuan plan to build six more container berths as it inaugurates the first of four new berths under its current expansion phase.
Japan-owned ship blamed for Chittagong crash
THE Japanese-owned container vessel Eagle Strength has been blamed for a Chittagong port collision authorities now say damaged 18 Bangladesh Navy vessels.
PSA's Belgian unit orders 9 straddle carriers
PSA Corporation's wholly-owned Belgium subsidiary Hesse Noord Natie has ordered nine new Kalmar straddle carriers for its River Shelde terminals.
Star sells US$150m of convertible bonds
STAR Cruises, the world's fourth-largest cruise line operator, sold US$150 million of convertible bonds to buy ships.
NY ferry drydocked during probe
THE damaged Staten Island ferry, Andrew J Barberi, with Brooklyn in the background, is pulled by tugboats from the Saint George Ferry Terminal on Staten Island to the Brooklyn Navy Yard where it will be drydocked during the ongoing accident investigation.

Air and Land Transport

Boeing targets new orders, takes latest jet on roadshow
AMERICAN aircraft maker Boeing flew into Changi what it billed as the technologically most advanced plane, the B777-300ER, on a demonstration and test flight.
Concorde set for supersonic exit as BA retires fleet
Sahara Airlines seeking govt nod to fly overseas
Continental bounces back into the black in 3rd qtr
Northwest posts US$47m profit
Lufthansa to rebrand 5 regional carriers

Ship Sales

SHIP SALES
THE explosion in the dry bulk market, especially for the Capesize tonnage, shows no signs of slowing and chartering rates for spot and period fixtures have climbed to new highs, establishing record levels along the way.

web site

Shipping News

Yantian presses ahead with 10b yuan expansion plan
IN a race to keep up with explosive cargo growth out of Shenzhen, Yantian container port is pushing ahead with a 10 billion yuan plan to build six more container berths as it inaugurates the first of four new berths under its current expansion phase.
Japan-owned ship blamed for Chittagong crash
THE Japanese-owned container vessel Eagle Strength has been blamed for a Chittagong port collision authorities now say damaged 18 Bangladesh Navy vessels.
PSA's Belgian unit orders 9 straddle carriers
PSA Corporation's wholly-owned Belgium subsidiary Hesse Noord Natie has ordered nine new Kalmar straddle carriers for its River Shelde terminals.
Star sells US$150m of convertible bonds
STAR Cruises, the world's fourth-largest cruise line operator, sold US$150 million of convertible bonds to buy ships.
NY ferry drydocked during probe
THE damaged Staten Island ferry, Andrew J Barberi, with Brooklyn in the background, is pulled by tugboats from the Saint George Ferry Terminal on Staten Island to the Brooklyn Navy Yard where it will be drydocked during the ongoing accident investigation.

Air and Land Transport

Boeing targets new orders, takes latest jet on roadshow
AMERICAN aircraft maker Boeing flew into Changi what it billed as the technologically most advanced plane, the B777-300ER, on a demonstration and test flight.
Concorde set for supersonic exit as BA retires fleet
Sahara Airlines seeking govt nod to fly overseas
Continental bounces back into the black in 3rd qtr
Northwest posts US$47m profit
Lufthansa to rebrand 5 regional carriers

Ship Sales

SHIP SALES
THE explosion in the dry bulk market, especially for the Capesize tonnage, shows no signs of slowing and chartering rates for spot and period fixtures have climbed to new highs, establishing record levels along the way.

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Tianjin throughput up 26pc over first 3 quarters Fortunes rising as Asia trade smiles on CMA-CGM Marx named head of Panalpina operations for Asia-Pacific Swift Transportation sees third quarter results improve Matson renames logistics unit, to add services Qantas to reorganise with new business units Cargo capture sees Amerijet annexe Antillas Northwest hits profit in Q3 Air France, KLM move on merger

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P&O Nedlloyd, Laurel Navigation & PIL join hands to start new Indian Ocean service Centre suspends SCI disinvestment process Govt aims to export coir products worth Rs 400 cr. this fiscal India, Sudan sign accord to avoid double taxation STPI exports touch Rs 5,229 cr. in Sept. India, NZ to step up trade cooperation in food processing India not likely to hike import duty on farm products Equipment producers spot business opportunities at Mormugao Port Sagar mala project report to go for cabinet sanction soon: Minister Minister Dilipkumar Gandhi visits JNP, is apprised of situation, issues Rlys freight traffic exceeds target by 7.24 m tonnes in H1 SER records 3.97 m tonnes freight growth in H1 Recurring labour trouble at CWC's JNP CFS blocks clearance of import boxes No incentive, only duty neutralisation schemes in exim policy-DGFT Scrap import duty on wheat, urge south flour mill owners Let rupee appreciate, Assocham tells RBI Chinese business team signs MoU with IMC Last date for corporate I-T returns Nov. 30 Meeting with Chinese team put off National handloom fair under way in New Delhi

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OCTOBER 17, 2003
African market snapshots Quiet end to the week for St. Petersburg Rotterdam market steady Demo Project findings promising for ship emission trading As the European Union prepares to introduce strict limits on sulphur contents in marine fuels, the shipping and marine fuels industries are grappling with alternative ways to achieve emission reductions. However, in order to allow abatement technologies and emissions trading, the industry needs to demonstrate that monitoring and verification of emission reductions at sea are feasible. This is where the Demo Project comes in. Massive demand leaves Egypt congested until next week Brazilian market update

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OCTOBER 17, 2003
Jürgen Rudolph awarded Federal Cross of Merit New tanker for Vopak Essberger Chem Pool Air France and KLM Royal Dutch Airlines sign transaction agreement EWS endorsed by PD Teesport Tibbett & Britten: Contract with Ben Sherman

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OCTOBER 17, 2003
UN interpretation welcomed by both sides in PSSA battle Stena and Austal reached settlement in patent dispute Inmarsat remains in European hands

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OCTOBER 17, 2003
Certification for new Senesco Marine dry dock Senesco Marine's recently built dry dock has received a key certification that has already significantly increased the company's repair business. Fire on HAL newbuilding Holland America says a shipyard fire on itsWesterdam newbuilding has been extinguished Patent dispute ends Sterna Rederi and Austal Ships issue statement Ferry investigation will take at least a year NTSB chairman says probe will "thorough, detailed and based on fact"

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OCTOBER 17, 2003
Port of Vancouver, USA wins honor for inventing new fender system Shipper renaming subsidiary to Matson Integrated Logistics Port of Tacoma offers new Pacific Gateway on line In-water work begins on Olympia marina project UPS partners with DaimlerCrysler in new fuel cell vehicle test

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Duke of York opens new '12m container terminal at Teesport A SECOND container terminal for PD Teesport will mark the start of a new marketing drive to attract more direct calls to the facility in the northeast of England. Mass reshuffle sees Skjelbred ousted as chief of Kvaerner Philadelphia A SWEEPING management reshuffle at Kvaerner Philadelphia Shipyard has seen the chief executive replaced by a newcomer to shipbuilding. Fincantieri plays down ship blaze ITALIAN shipbuilder Fincantieri is trying to play down the impact of a fire at the group's yard in Marghera which ripped through three decks of the Holland America Line vessel Westerdam, writes Justin Stares in Rome. Vemaoil to challenge EU's single hull ban in court A LEADING operator in Gibraltar's bunkering sector has launched the first legal challenge arising from the European Union's controversial single hull regulation which comes into force tomorrow.

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OCTOBER 17, 2003
Westerdam fire extinguished FIRE-fighters from five crews have extinguished a fire that broke out on the Holland America Line cruiseship newbuilding Westerdam at Fincantieri early this morning Passengers get Carnival Holiday bug ONE hundred and fifty passengers and crew on Carnival Cruise Line's Holiday reported sick with symptoms of a gastrointestinal illness during a five-day cruise KPT blames Tasman captain alone KARACHI Port Trust's newly appointed legal advisor has told Fairplay the captain of the Tasman Spirit is solely to blame for the grounding of the tanker on 27 July NY ferry captain may have blacked out THE investigation into the fatal crash of a New York ferry on Wednesday afternoon is focusing on whether Assistant Captain Richard J Smith blacked out Caribbean can benefit from US laws US security-related restrictions on global cargo movement will benefit the Caribbean, says a director of one of the region's most influential conglomerates Teesport challenges southern ports THE first phase of a new '20M ($33M) container terminal, called TCT2, has been opened by PD Teesport in the UK Cash call from Star Cruises ITF collect thousands in unpaid wages Valencia suffers from strike Tug order angers French yards Barcelona eyes short sea traffic No Greek sanctions on Pakistanis Prestige test partially successful S Korea meets China box challenge Hanjin union chief commits suicide

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OCTOBER 17, 2003
So. Cal. terminals mulling plan to coordinate longer gate hours Terminal operators in Los Angeles-Long Beach are studying a plan to coordinate extended gate hours in an effort to reduce truck congestion at the nation's busiest harbor. Marine insurance costs to climb Protection and indemnity premiums are set to increase by 15 to 20 percent due to a recent surge in dry cargo claims, an executive says. Canada rail freight up, costs down Ten-year report finds rail lines carrying more cargo, at less expense and with greater productivity. KLM Cargo joins Web booking portal KAL to sell Hanjin shares Maersk Sealand launches New Orleans-C. America service British teen cleared of hacking Port of Houston systems Swift profits hit high gear Another delay for Port of New Orleans terminal Panalpina chooses Bay Area for N. America HQ Qantas sets restructuring Net improves for USA Truck TPG gets new credit facility

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OCTOBER 17, 2003
Canada's west coast employers ratify pact The employers of waterfront foremen on Canada's west coast have ratified the changes to a collective agreement that were negotiated at the end of September. Hong Kong's position threatened by Shenzhen 'Double-payment' of costs in THC attacked by Philippine bureau ITF inspectors catch agreement breakers EC to go to court over failure to comply with rail liberalisation Indian ports hit by Diwali dispute S.Korea to target northeast Asia hub status Latvian party claims state control will help port investment Tecon seeks bigger share of Santos box traffic BC Rail's partner to be chosen by the year end MOL Logistics buys stake in Shanghai forwarder

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OCTOBER 17, 2003
CMB plummets into red... Belgian group posts another loss on Bocimar despite soaring dry bulk markets. ...while Exmar doubles nine-month profit Ex-CMB gas outfit posts sizeable leap in income. Glencore brokers walk Four product tanker chartering staff make their move. Tricolor team in the money Wreck removal consortium set for profit as final cut is completed. MarAd gets two more Ghost ships out But officials must wait for Washington court decision before proceeding further. Fire damages cruise newbuilding Fincantieri still hopes to deliver $400m Holland America Line vessel on schedule. Rolls Royce opens shipping branch in Brazil Engineering group responds to growth in oil industry. Inmarsat boosted to new orbit Sale puts ship safety in spotlight as others queue up for slice of market. Stena to get patent cash Out of court deal with Austal resolves lengthy high speed ferry design row. Brazilian yard buys Jurong's Eisa stake Maritima Petroleo e Engenharia pays $20m for control of local shipbuilder. Troim extends Frontline share punt And finds time to drop by the US for a NASDAQ opening. Bug hits Carnival cruise Voyage proves no 'Holiday' as 150 passengers and crew suffer vomiting and diarrhoea.

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OCTOBER 17, 2003
Matson Intermodal renamed Matson Integrated Logistics Delmas, OTAL upgrade new Angolan service House panel skirts air cargo security Astar hearing wraps up EC takes legal action over rail freight liberalization DHL Danzas adds direct India/Europe ocean service Justice supports NVO service contract, tariff publishing to FMC CaroTrans picks Tariff-Trek! for service contract management WTO aim to start new negotiations APEC adopts anti-terrorism action plan on customs and transport MOL secures majority share of Chinese forwarder Glossary of supply chain terminology is published Ex-Im Bank to hold renewable energy exports meeting APHIS removes restrictions to hog imports from East Anglia Romania buys mobile container screening systems Port of Houston to discuss security contracts Judge overturns Corps of Engineers' North Carolina dredge contract