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Shipping News

Fears revive with rash of pirate attacks in region
A recent kidnapping piracy attack in the Malacca Straits by heavily armed pirates along with the killing of a fisherman has revived fears that regional waters are becoming even more dangerous for mariners despite stepped up efforts to counter the problem. 22/04/03
Inbound cargo piles up in Indian ports
PORTS across India remain virtually paralysed with basic commodity prices beginning to soar as the nationwide truckers strike drags into its second week.
APL companies appoint senior executives
NOL Group companies announced two more senior appointments yesterday as part of a major reorganisation exercise started last year.
Taiwan warns of typhoon
TAIWAN's Central Weather Bureau issued a warning to ships early yesterday as medium-strength typhoon Kujira was heading towards the island's south-east coast.

Air and Land Transport

Thai Airways expects 20% revenue drop due to Sars
THAILAND's flag carrier Thai Airways is expecting revenue to drop 15 to 20 per cent for April and May due to the Severe Acute Respiratory Syndrome outbreak, which has led to 300,000 booking cancellations, a report said yesterday.
BA to resume Baghdad service after 13-year gap
Swiss to slash fares in bid for market share
Dalian airport clamps down on illegal money
CAL's 2002 profit jumps 84%
Angry unions may send American to bankruptcy

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Shipping News

Fears revive with rash of pirate attacks in region
A recent kidnapping piracy attack in the Malacca Straits by heavily armed pirates along with the killing of a fisherman has revived fears that regional waters are becoming even more dangerous for mariners despite stepped up efforts to counter the problem. 22/04/03
Inbound cargo piles up in Indian ports
PORTS across India remain virtually paralysed with basic commodity prices beginning to soar as the nationwide truckers strike drags into its second week.
APL companies appoint senior executives
NOL Group companies announced two more senior appointments yesterday as part of a major reorganisation exercise started last year.
Taiwan warns of typhoon
TAIWAN's Central Weather Bureau issued a warning to ships early yesterday as medium-strength typhoon Kujira was heading towards the island's south-east coast.

Air and Land Transport

Thai Airways expects 20% revenue drop due to Sars
THAILAND's flag carrier Thai Airways is expecting revenue to drop 15 to 20 per cent for April and May due to the Severe Acute Respiratory Syndrome outbreak, which has led to 300,000 booking cancellations, a report said yesterday.
BA to resume Baghdad service after 13-year gap
Swiss to slash fares in bid for market share
Dalian airport clamps down on illegal money
CAL's 2002 profit jumps 84%
Angry unions may send American to bankruptcy

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SITC Group places inland branches under construction New communications director at Port of Long Beach APL awarded Philip's global ocean carrier for the fifth Cathay Pacific maintains full freighter schedule Swiss temporarily reduces capacity due to SARS, Iraq war Cargolux axes war risk surcharge

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Forex reserves up by $ 235 million to $75,040 million India to present its views on services sector at WTO next month MoF move for specific duty rate on edible oil - Dividend tax to stay RBI eases foreign investment rule ESCAP predicts 7 pc GDP growth Forex reserves swell by $ 711 million NCAER projects 5-5.6 pc GDP growth in 2003-04 Popularise 'Made in India' brand abroad, says CBEC chief GCL wins USAID contract to ship 28,000 tonnes of grains to Iraq - Shipping firms gear up for feeder & break bulk services IAPECC keen on yellow onion exports to Europe British Gas banking on NTPC project at Pipavav Garment exports surge by 30 pc in value terms during Jan-March Port workers' bonus issue shifted to MoS - Sinha may confer with federation leaders on May 8 Truckers strike: Import cargo piles up at Mumbai Port Call off strike immediately, AIAI chief urges truckers Dynamic Logistics' ICD-Dighi exports perishable goods too ICD-Sabarmati logs impressive growth in 2002-03 Truckers' stir unjustified, says CII Jaitley to address IIFT annual meet

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IBM to build internet-based supply chain network for Electric Boat IBM has been awarded a contract by General Dynamics Electric Boat to build what it claims is the shipbuilding industry's first Internet-based supply chain network. Seabulk orders UT-755L in Brazil Seabulk Offshore do Brasil, Ltda. has finalized an agreement with Promar to build a UT- 755L platform supply vessel (PSV) for delivery in the fall of 2004, Feds probe New York Waterway, reports Times The New York Times says Federal authorities are investigating allegations that New York Waterway submitted inflated bills to the Port Authority of New York and New Jersey Liberia grants ABS status as RSO ABS has been granted Recognized Security Organization (RSO) ) authorization by the Liberian Ship Registry

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APRIL 21, 2003
Olympia Port Commission awards Swantown Marina contracts Hanjin Shipping back in Middle East with service to and from Kuwait Union Pacific upgrading refrigerated boxcar fleet Port of Portland set to celebrate dedication of Rivergate road improvements DOT follows up on request to determine if DHL is a US citizen

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P&O Ferries suspends Pride of Provence master after accident THE master of the P&O Ferries vessel Pride of Provencehas been suspended from duty as an investigation continues into how the cross-channel ferry hit a breakwater at Dover last Friday in 'fine conditions.' Baltic dumps e-platform in overhaul to plug losses THE Baltic Exchange will today reveal the outcome of a sweeping strategic review intended to draw a line under its ill-fated and expensive e-commerce adventure and head off a feared haemorrhage of small shipbrokers from its membership. Pongsu crew held after heroin swoop A SYDNEY court yesterday refused bail to the crew of a North Korean ship charged with bringing over A$80m ($48m) worth of heroin into Australia, writes Mark Warner. Spain's merchant chief Lopez Sors quits amid storm over son's cruiseship job JOSE Luis Lopez Sors, director general of Spain's merchant marine directorate, has tendered his resignation following allegations that his son was employed as a third officer on a Spanish-operated cruiseship despite lacking the proper qualifications for the job, writes Brian Reyes in Gibraltar.

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APRIL 21, 2003
Hanjin Heavy spin-off gathers pace Korean yards on recruiting spree SARS: Singapore slashes port dues Malaysia to finance ship purchase K Line shells out tax penalties Dutch law clears foreign masters

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APRIL 21, 2003
DOT sets Sept. 2 for DHL decision An administrative law judge will determine whether DHL Airways meets U.S. citizenship requirements for air carriers. FMC to discuss TSA complaint The Federal Maritime Commission has scheduled a closed-door meeting on May 6 to discuss a complaint against the Transpacific Stabilization Agreement of discrimination during the 2002 -2003 service contract season. Beijing seeks foreign logistics help Pacific Shipper integrated into The Journal of Commerce Shipper Group Railroads form Nafta merger Eastern barge service begins Profit for U.S. Express EGL confirms earnings guidance FedEx Custom Critical opens El Paso center Emirates has new strategic partner Atlas Air Worldwide Holdings names chief marketing officer MacKinnon to lead Canada truck group

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APRIL 21, 2003
Tranz Rail charters ro-ro New Zealand transportation group to cut leasing costs by hiring vintage ferry for Cook Strait service. Carnival slips Smith Barney downgrades cruise company. Seabulk orders in Brazil US operator turns to Latin America for new platform supply vessel. Canada's ports battle Hell's Angels Organised crime is just one problem facing ports, as criticism mounts over security. Oglebay wins covenant relief Banks reset terms during rough period. ChevronTexaco aframax damaged Loaded tanker limps into New Zealand port sparking concerns. P&O bans SARS region cruise passengers While Singapore offers SARS discounts to vessels calling at its port. New-look Szczecin shipyard logs profit First quarter figures look positive but red ink recorded for 2002. Finland fights Baltic oil spill Authorities to check ice-trapped oil suspected dumped from passing ships. North Korean ship arrested in drug bust Australian special forces track and seize cargoship off New South Wales coast. Hanjin restores Kuwait calls Liner operator marks return to normality for Gulf shipping post Iraq war. P&O ferry hits Dover breakwater Twenty-eight people injured as vessel enters UK channel port. Jurong in false SARS alarm Killer virus not to blame for worker's death, but yard sends workers home.

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APRIL 21, 2003
Taiwanese carrier enters plea in Tacoma waste oil dumping CMA CGM targets U.S. trades, adds capacity Cost cuts boost CMA CGM's profit Teco Energy to sell off marine transport operations FMC to review tsa service contracting investigation findings Atlas Air taps lane to lead marketing Delta loses $466 million in first quarter, cargo revenue flat Western Railroads beef up on perishables Carotrans provides weekly South African service from Charleston Correction: GTS names Barter product manager Spending bill funds CSI, radiation detectors for Customs Hutchison to extend cargo security to Yantian port