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Shipping News

PSA goes into next round of Puerto Rico bid
PSA Corporation has advanced to the next stage in the competition for the concession to design, build and operate Puerto Rico's US$700 million Port of the Americas container terminal.
March deadline now for bids from Iraqi port investors
IRAQ has extended until March a deadline for foreign investors to tender bids for 10-year concessions in its once-booming southern ports as the war-weary country seeks to refloat its maritime fortunes and create a major international shipping hub.
More bodies recovered off S Korea
RESCUERS recovered yesterday the bodies of eight more Vietnamese sailors whose cargo ship sank off southwestern South Korea, and were searching for the remaining eight who are feared dead, police said.

Air and Land Transport

Belgian town caught in EU-Ryanair crossfire
THE town of Charleroi in Belgium is an example of how low-cost carriers can contribute to building the economy of a small town away from the big cities with the hub airports.
Key execs to speak at budget carrier forum
Korean Air's loss more than doubles
JAL Group surprises with Q3 profit
Air NZ has cash to survive stiffer competition: CEO
Log Book

Dockyard

Busy year for ASRY despite Iraq war
FOR a time, early last year, the Iraq war and its build-up deterred owners from allowing their ships to be in the Middle East Gulf region for any longer than absolutely necessary.

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Shipping News

PSA goes into next round of Puerto Rico bid
PSA Corporation has advanced to the next stage in the competition for the concession to design, build and operate Puerto Rico's US$700 million Port of the Americas container terminal.
March deadline now for bids from Iraqi port investors
IRAQ has extended until March a deadline for foreign investors to tender bids for 10-year concessions in its once-booming southern ports as the war-weary country seeks to refloat its maritime fortunes and create a major international shipping hub.
More bodies recovered off S Korea
RESCUERS recovered yesterday the bodies of eight more Vietnamese sailors whose cargo ship sank off southwestern South Korea, and were searching for the remaining eight who are feared dead, police said.

Air and Land Transport

Belgian town caught in EU-Ryanair crossfire
THE town of Charleroi in Belgium is an example of how low-cost carriers can contribute to building the economy of a small town away from the big cities with the hub airports.
Key execs to speak at budget carrier forum
Korean Air's loss more than doubles
JAL Group surprises with Q3 profit
Air NZ has cash to survive stiffer competition: CEO
Log Book

Dockyard

Busy year for ASRY despite Iraq war
FOR a time, early last year, the Iraq war and its build-up deterred owners from allowing their ships to be in the Middle East Gulf region for any longer than absolutely necessary.

web site

Shipping News

PSA goes into next round of Puerto Rico bid
PSA Corporation has advanced to the next stage in the competition for the concession to design, build and operate Puerto Rico's US$700 million Port of the Americas container terminal.
March deadline now for bids from Iraqi port investors
IRAQ has extended until March a deadline for foreign investors to tender bids for 10-year concessions in its once-booming southern ports as the war-weary country seeks to refloat its maritime fortunes and create a major international shipping hub.
More bodies recovered off S Korea
RESCUERS recovered yesterday the bodies of eight more Vietnamese sailors whose cargo ship sank off southwestern South Korea, and were searching for the remaining eight who are feared dead, police said.

Air and Land Transport

Belgian town caught in EU-Ryanair crossfire
THE town of Charleroi in Belgium is an example of how low-cost carriers can contribute to building the economy of a small town away from the big cities with the hub airports.
Key execs to speak at budget carrier forum
Korean Air's loss more than doubles
JAL Group surprises with Q3 profit
Air NZ has cash to survive stiffer competition: CEO
Log Book

Dockyard

Busy year for ASRY despite Iraq war
FOR a time, early last year, the Iraq war and its build-up deterred owners from allowing their ships to be in the Middle East Gulf region for any longer than absolutely necessary.

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CP Ships posts record US$49 million Q4 profit in 2003 Tacoma reports double-digit rise in cargo volume Taiwan exports to be transported direct to Xiamen Guangxi trade with Asean hits record high Singapore Transport Minister visits Hong Kong GAC Samudera expands distribution centre in Indonesia Atlas to complete restructuring under bankruptcy proceedings Transport minister to open Thai air freight expo IATA welcomes EC ruling on airport subsidies

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P&O Nedlloyd to become independent - Royal Nedlloyd to buy controlling stake from P&O for 215 m euros Exports of rubber cross 51,000 tonnes Steps to boost trade ties in S. Asian sub-region Union Cabinet approves BIMST-EC FTA framework Pak traders to buy 6,000 t of soyameal from India India, Croatia discuss trade, economic ties Pharmaceutical exports may cross $ 5 bn in 2003-04 GMB move to set up maritime authority Konkan Rly starts rail-road synergy mode to augment freight revenue Forex remittance norms liberalised Import bills remittances limits hiked to $ 1,00,000 SMEs poised to become growth engines, according to Crisil advisor Inflation falls to 6.12 pc EEPC formulates plan to penetrate CIS countries New office-bearers take charge at Bombay Overseas Freight Brokers Association Ficci draws up agenda for 10 pc GDP growth 12-member Vidarbha Dall Millers' Association delegation leaves for Myanmar IICL announces course schedule for 2004 IMC welcomes Interim Budget IL&FS appointed advisor for Rewas port project Stress on overcoming cultural barriers for better trade relations ECGC opens branch at Vadodara DCI IPO schedule drawn up New body will weaken bargaining power: Chemexcil

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FEBRUARY 6, 2004
Refinery hiccup drains Houston barge capacity Is 'seaworthiness' not an issue of Class? Delegates at the Tanker Operator Conference held in London this week were baffled when a speaker from the classification society Bureau Veritas claimed that a Class certificate was not a document stating anything at all with regards to a vessel's seaworthiness. Brazilian market update Hin Leong's bunkering arm exits Fujairah market Singapore-based cargo trader and supplier Hin Leong has pulled its Middle East bunkering subsidiary out of the Fujairah bunker market, blaming proposed regulatory changes to single hulled vessels for its exit. Demand muted in bearish Baltic markets Tide turns as Bunkerworld adds familiar face to team Bunkerworld is delighted to announce that Alisdair Pettigrew, formerly Associate Publisher and Editor for BunkerNews, has today officially joined its team. Rotterdam slightly firmer, prompt barges tight

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Lloyd Triestino's new website Belgium to launch tax-reduced diesel fuel for trucks TDG gets Bonar floors moving China plans Dalian-Russia rail link Delta Air Lines plummets into red CP Ships announces record USD 49 million profit for 4Q 2003 BARC appoints Martin Ratcliffe as General Manager, Regional Operations

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FEBRUARY 6, 2004
ITF wins US$5m for Olympic crews CP's good Q4 IMO set to adopt ballast water convention Juneau six could face jail NUMAST slams Brussels, again Booming January for GL

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FEBRUARY 6, 2004
Bollinger delivers OSV named for fallen soldier Tidewater vessel honors 1st Lt. Jonathan Rozier MAN B&W power for diesel electric patrol craft 3,000 dwt vessel for China State Oceanic Administration Growth at Germanischer Lloyd Now fourth-largest classification society

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FEBRUARY 6, 2004
IMO convention looking into harmful organisms in ship's ballast CP Ships sets income record during fourth quarter of 2003 Portland Airport takes home several concessions program honors Rail freight traffic has positive week Royal Olympia cruise ship sold at auction in South Africa

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IMO to lay down ballast water rules THE International Maritime Organization gets to grips with harmful aquatic organisms in ships' ballast water this week as a diplomatic conference starting today prepares a new international convention to stamp out what has become a serious threat to the marine environment. Container lines tipped to collect Brazil bird flu bonus BRAZIL-linked container ship-ping lines are gearing up to cash in on the reefer bonanza they expect to result from the east Asian bird flu crisis, but much will depend on slot availability. China lifts scrap stakes yet again THE demolition market was on fire at the weekend amid reports that Chinese breakers had snapped up the first very large crude car- rier of the year for $358 per ldt. Sterckx gives backing to Mangouras A SEVEN-man delegation of European parliamentarians watched dramatic video footage of the Prestige salvage operation last week during the course of a two-and-a-half hour meeting in a Barcelona hotel with Apostolos Mangouras, the tanker's master, writes Brian Reyes in Gibraltar . Turkey comes bottom of the UK port state control table TURKISH vessels had the worst port state control record of any flag state calling at UK ports last year, according to 2003 figures from the Maritime and Coastguard Agency.

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FEBRUARY 6, 2004
LR-Fairplay buys two magazines LLOYD'S Register - Fairplay has acquired two specialist maritime magazines, Safety at Sea and Dredging and Port Construction, from dmg World Media (UK) Madrid approves new Galician port THE Spanish government has approved a '630M ($800M) plan to build a port outside La Coru'a in Galicia ahead of the 14 March general election FEFC suffers rate slippage SOME member lines of the Far Eastern Freight Conference have reported that westbound rates from Asia have slipped as utilisation levels dip to 70% in some cases FastShip finance coming together THIS week's announcement of $40M in new funding for FastShip's Philadelphia terminal is just one part of a larger financing package African stowaways found in Hull THE bodies of two suspected stowaways were discovered yesterday afternoon in the hold of a dry cargo vessel docked at the UK port of Hull Ferry collision probe launched AN investigation has been ordered into yesterday's collision between two river ferries in southern Bangladesh, in which 13 have been confirmed dead Rocknes search continues German union threatens strike SARS hits ship repair earnings Strike descends into violence

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FEBRUARY 6, 2004
DHS gets key security programs Agency takes over development of container seal standards, secure systems initiative from TSA. Deal to open Long Beach box terminal could start 'greening' of U.S. facilities Port's settlement over environmental legal challenge could be harbinger for other terminal development plans. Higher profits for Deutsche Post: CEO Waterways to lobby lawmakers China's Xiamen moves toward free port status IMO to act on invasive species Hamburg Süd appoints West Coast director Judge won't stop N.C. FedEx hub project India port cuts charges Minnesota wants global air-cargo hub World Airways revises fleet plan OmniTRAX president shifts duties

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FEBRUARY 6, 2004
The Hague's demands frustrate Maasvlakte-2 negotiations The Dutch government's participation in the newly-corporatised Rotterdam Port Authority (RPA) is proving a harder-than-expected nut to crack in the negotiations over the second Maasvlakte. Aussie steak-holders gain from Japanese beef demand surge High demand for Australian beef, in the wake of the discovery of mad cow disease in North America, has caught carriers short of reefers. Kolkata Port slashes charges to boost box traffic Local opposition scuppers Basel rail bypass Cosco to slot-charter on Japan/China service Kalmar RTGs to handle growing Red Sea container volumes Oakland records 12% increase in container traffic Tacoma investments come of age in 2003 box-throughput record

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FEBRUARY 6, 2004
Eidsiva finds new charter Three year deal for 3,300 unit car carrier boosts Norwegian owner's earnings. Tavoulareas and Tsavliris still fighting London court allows shipowner's appeal in long running salvage dispute. Japan Club reviews audit policy Loss of rating stings P&I mutual into study of use of external accountants. New service feeds Sri Lanka and India China's Far Shipping Lines running two boxships between Colombia and four Indian terminals. Four more bodies recovered from Rocknes Divers searching the capsized Jebsen bulker off Norway have now found seven dead crew since Monday. Passenger figures boost Trasmediterranea Spanish ferry owner also increases freight business in 2003. DFDS admits defeat in ro-ro search Lack of replacement tonnage brings down axe on Danish owner's Poland service. Turkey is worst failing flag But Marshall Islands and Denmark move into UK's most detained ships list. Mitsubishi builds yard capacity Japanese group will be able to turn out another LNG carrier and VLCC per year in Nagasaki. Revenues dip at Bollore French owner of Delmas and Otal container lines posts sales slump for 2003. Profits edge up at Malaysian Merchant Kuala Lumpur owner sees modest year-on-year increase in first quarter profits despite fallin revenue. Kiwi port guilty of Tai Ping failings New Zealand's Maritime Safety Authority successful in prosecution as it unveils port safety review. Monthly newbuilding record for GL Class society Germanischer Lloyd says January's intake of 45 ships is best ever total. Bunkers hit Aussie-Asia routes Rising oil prices force member lines of Australia to north and East Asia agreement to lift rates.

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FEBRUARY 6, 2004
Atlantic trade lifts CP Ships' 4th quarter profit Hanjin's operating profit soars to $370 million Norasia, CSCL, Zim start Asia/Europe link U.S./Caribbean carriers raise drayage, security charges China Shipping adds Xiamen to transpacific service Med Shipping switches ports on Asia/Mediterranean service FMC denies Peavey Co.'s request for issuing section 15 orders Coast Guard cites 90 percent return for security plans Divers remove two bodies from capsized "Rocknes" Bush administration says WTO trade reforms lag in China U.S. trade sanctions sought for Malaysia's illegal timber trade Record volumes, capital spending for Tacoma in 2003 Ceres handles first ship at New Orleans terminal

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FEBRUARY 2, 2004
Maritime EU this week: Greece warned, the role of EMSA and standards for loading units The EU Commission has sent a letter of formal notice to Greece for failing to follow the cabotage rules. Greece ... Turbulent AGM for Viking Line A EUR 2 per share dividend (in total EUR 21.6 million) proposed by the Viking Line board was voted through ... Violent strikers met by tear gas and rubber bullets Shipyard strikes in Spain are no pain-free exercises. Yesterday (Thursday) the riots from Tuesday were re-runned. Shipyard workers ...