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Pakistan allows crew of Greek ship to go home
THE crew of a Greek tanker that broke up near Karachi last July is to be allowed to return home until a verdict in their trial over Pakistan's worst ever oil spill, a minister said yesterday.
Prudent capacity deployment to boost rates urged
WITH supply and demand beginning to equalise on the intra-Asia trade, the Asian Shipowners' Forum has strongly urged container shipping lines on the trade to be realistic in deploying capacity in a bid to get freight rates moving.
M'sia offers navy escorts for high-risk ships
MALAYSIAN Navy personnel will escort commercial ships travelling through its waters if the risk of a pirate or terrorist attack on them is deemed high.
Slowing economy beginning to dent imports: Auckland Ports
NEW Zealand's largest port company Ports of Auckland Ltd said there were signs a slowing economy was denting imports as it unveiled a deal to sell two marinas to the government for NZ$54 million .
Temasek keen on Lumut ports operator
TEMASEK Holdings Ltd, Singapore's investment company, may be eyeing more than a slice of the banking sector in Malaysia.

Air and Land Transport

KLM raises forecast due to fuller planes, cost cuts
DUTCH carrier KLM, set to be taken over by Air France, expects to be easily profitable in the financial year 2003/2004, thanks to fuller planes and cost cuts.
New Vietnam flights to boost load by 25%: Air France
American Air to pay millions to pilots' union
Rail screening must be nimble: Amtrak chief
Qatar plane makes forced landing in Cairo
Log Book

Dockyard

Getting the contract right as important as winning the work
THE small cruise ship Neptune 2, formerly the Renaissance 2, should soon be on its way to Singapore where it is expected to lay up for three months.

web site

Shipping News

Pakistan allows crew of Greek ship to go home
THE crew of a Greek tanker that broke up near Karachi last July is to be allowed to return home until a verdict in their trial over Pakistan's worst ever oil spill, a minister said yesterday.
Prudent capacity deployment to boost rates urged
WITH supply and demand beginning to equalise on the intra-Asia trade, the Asian Shipowners' Forum has strongly urged container shipping lines on the trade to be realistic in deploying capacity in a bid to get freight rates moving.
M'sia offers navy escorts for high-risk ships
MALAYSIAN Navy personnel will escort commercial ships travelling through its waters if the risk of a pirate or terrorist attack on them is deemed high.
Slowing economy beginning to dent imports: Auckland Ports
NEW Zealand's largest port company Ports of Auckland Ltd said there were signs a slowing economy was denting imports as it unveiled a deal to sell two marinas to the government for NZ$54 million .
Temasek keen on Lumut ports operator
TEMASEK Holdings Ltd, Singapore's investment company, may be eyeing more than a slice of the banking sector in Malaysia.

Air and Land Transport

KLM raises forecast due to fuller planes, cost cuts
DUTCH carrier KLM, set to be taken over by Air France, expects to be easily profitable in the financial year 2003/2004, thanks to fuller planes and cost cuts.
New Vietnam flights to boost load by 25%: Air France
American Air to pay millions to pilots' union
Rail screening must be nimble: Amtrak chief
Qatar plane makes forced landing in Cairo
Log Book

Dockyard

Getting the contract right as important as winning the work
THE small cruise ship Neptune 2, formerly the Renaissance 2, should soon be on its way to Singapore where it is expected to lay up for three months.

web site

Shipping News

Pakistan allows crew of Greek ship to go home
THE crew of a Greek tanker that broke up near Karachi last July is to be allowed to return home until a verdict in their trial over Pakistan's worst ever oil spill, a minister said yesterday.
Prudent capacity deployment to boost rates urged
WITH supply and demand beginning to equalise on the intra-Asia trade, the Asian Shipowners' Forum has strongly urged container shipping lines on the trade to be realistic in deploying capacity in a bid to get freight rates moving.
M'sia offers navy escorts for high-risk ships
MALAYSIAN Navy personnel will escort commercial ships travelling through its waters if the risk of a pirate or terrorist attack on them is deemed high.
Slowing economy beginning to dent imports: Auckland Ports
NEW Zealand's largest port company Ports of Auckland Ltd said there were signs a slowing economy was denting imports as it unveiled a deal to sell two marinas to the government for NZ$54 million .
Temasek keen on Lumut ports operator
TEMASEK Holdings Ltd, Singapore's investment company, may be eyeing more than a slice of the banking sector in Malaysia.

Air and Land Transport

KLM raises forecast due to fuller planes, cost cuts
DUTCH carrier KLM, set to be taken over by Air France, expects to be easily profitable in the financial year 2003/2004, thanks to fuller planes and cost cuts.
New Vietnam flights to boost load by 25%: Air France
American Air to pay millions to pilots' union
Rail screening must be nimble: Amtrak chief
Qatar plane makes forced landing in Cairo
Log Book

Dockyard

Getting the contract right as important as winning the work
THE small cruise ship Neptune 2, formerly the Renaissance 2, should soon be on its way to Singapore where it is expected to lay up for three months.

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Cosco to offer FAX, PSW4 services Freight rates from HK, Macau to US, Europe likely to increase Tianjin looks to technology for efficiency Sembawang Kimtrans opens new facility Rotterdam pursues US$2.9 billion funding for expansion Vietnam Airlines seeks loan to finance new aircraft Lufthansa Cargo adds bi-weekly flights to Melbourne Houston-Saudi Arabia cargo service begins Forward Air appoints three independent directors

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Varun Shipping posts staggering 214 pc growth in net profit for 2003-04 Indian flag's fleet tonnage up by 11.3 pc Abhay Ocean, De Donge accord on capital dredging Iran to increase petrochem exports to India Gems & jewellery exports twinkle with 31 pc growth Indonesia buys Indian soyameal ChPT handles 36.71 m tonnes cargo during 2003-04 Neptune Container Logistics: Moving ahead CONCOR makes it easier for ICD-Aurangabad trade - ...shifts road operations to Mumbai gateway ports Performance par excellence by ICD-Sabarmati in 2003-04 - Moves 11,223 ex-im containers in March alone! Duty drawback, DEPB schemes to be merged: DGFT Ministry relaxes norms for steel supplies to SSIs Assocham moots long-term fiscal policy C. Parthasarathy is Ficci (AP) Chief

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APRIL 16, 2004
Uruguay: Bunkering resumes but suppliers still cautious Bunker supply has resumed in Uruguay after the country suffered a drought in the marine fuels market for over a month. Bunker barge risk factor overlooked in ISPS Many shipping companies and ports not geared towards ISPS, industry voice adds. OPEC raises demand forecast, continues quota busting Major supplier mulling staff cuts Global bunker fuel supplier and marketer admits reduction in staff being mooted as part of reorganisation. New push for alternative bunker separation standard Swedish product development company Alfa Laval claims new '5 micron standard' offers a more cost effective method to test extraction of catalytic fines from bunker fuel. Hong Kong moderately firmer, surprise Taiwan distillate move Avails looking lean before the next resupply in Hong Kong. Rotterdam continues very firm, prompt tight

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APRIL 16, 2004
One day workshop on VAT in Switzerland HHP Handhelds for Railion Deutschland Germany: demands for light truck speed limit persist Thiel: Optimism for the current financial year CIM consignment note applies on the Mukran-Klaipeda ferry line Airblue: a new private airline for Pakistan Associated British Ports to invest in Goole Jaap Kuiper quits EBS

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APRIL 16, 2004
Cockroft warns over Tasman Spirit master MOL in VLCC venture Hapag-Lloyd's record profit PSA profits boost

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APRIL 16, 2004
Canada announces details of joint support ships Three 200 m ships with multimission capabilities to be built in Canada Kirby buys into container-on-barge operation Pays $4,220,000 for one-third interest in Osprey Line LLC Another Washington State pollution guilty plea Marmaras Navigation of Greece is latest in a string of foreign owners caught by crackdown CSSC production soars Chinese shipbuilding giant set to enter world top five at end of year

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APRIL 16, 2004
Sea-Tac sets June opening for new airport terminal Rail traffic counts have good month of March Seattle Coast Guard center location of book giveaway CBP officers nab fugitive at Blaine port of entry Carriers come together for Australia to Asia service

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Green pledges new dawn for P&O Nedlloyd ROYAL P&O Nedlloyd chief executive Philip Green promised shareholders an improvement in the shipping line's financial performance as the company began trading independently on Friday. Tracking firm sights box squeeze CONTAINER tracking company IAS says analysis of container 'event data' during the first quarter 2004 confirms fears of a looming box shortage. LNG carriers in demand as Hyundai Heavy trumps rivals to scoop NYK trio TWO significant liquefied natural gas carrier deals indicate that, despite soaring steel prices, South Korean yards retain an insatiable appetite for the high-value ship type. MyTravel sells cruiseships to Louis Group MyTravel Group, the former Airtours, has announced it is quitting all cruiseship operations, with the Louis Group of Cyprus poised to take over at least three of its four cruiseships.

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APRIL 16, 2004
Festival threatens to sue REPORTS conflict, but the auction of Festival Cruises' European Vision in Barbados may have gone forward and a new owner of the ship may be announced this afternoon BC tug strike hits Vancouver A STRIKE by tug and barge operatives across British Columbia starting today will seriously affect West Coast Canada traffic and business at Vancouver Court to decide 'Karachi Eight' fate THE lawyer representing the 'Karachi Eight' has dismissed reports that charges against seven members have been dropped, saying the court wil decide tomorrow US raps union's empty-box fears ITF assertions that empty containers coming into the US are exempt from search are unfounded, US customs officials say Nenaco receiver remains confident NEGROS Navigation Co has been assured by its receiver that it has enough assets to cover its liabilities P&O Nedlloyd deal completed FROM today P&O Nedlloyd becomes 'Royal' with its listing as Royal P&O Nedlloyd NV being quoted on the Amsterdam Stock Exchange Russia, Ukraine talk maritime limits European cruise body chooses leaders Port, govt changes in Sri Lanka China eyes Brazilian ports Sun Cruises fleet to Louis Daewoo Mangalia gets even Brazil: more strikes announced Huge drugs seizure on Merseyside Iraqi war risk insurance withdrawn Bomb threat was drunken hoax

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APRIL 16, 2004
Vancouver whipsaw Strike by tug boat operators could hinder efforts to clear backlog of more than 200,000 containers sitting at terminals. Royal P&O Nedlloyd trading opens to muted response U.S. forms China trade office RFID ruling doesn't address global needs, says exec Ryder raises earnings estimate KLM revises profit estimate Manugistics, IBM partner on supply-chain products TNT Logistics expands U.S. BMW service Kirby buys into Osprey Line U.S. Xpress profit rises on higher rates

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APRIL 16, 2004
Empty containers a security loophole, warn unions US unions are pushing the government to have empty as well as loaded containers inspected as part of port security measures, saying that this is a dangerous security loophole. June launch for new consortium's Asia-Australia service The first public move has been made in the latest shake-up of partnerships in the North & East Asia/Australia trades with Evergreen announcing its new service. Maersk mulling details of new Asia-Europe service, as capacity mounts Port of Vancouver sees 15% fall in intermodal backlog from high of over 9,000TEU Hanjin to hold overseas investor roadshows Rate rises and tight cost control benefit Fesco Three California port pollution bills pass first hurdle Russian Railways courts 'customer-king' RPONL launches on Euronext, setting course for 'independent status' Shanghai gets China's first logistics park

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APRIL 16, 2004
Transpetro tries a new path Petrobras unit hopes revamped newbuilding approach will yield 22 domestic-built ships by 2010. Strike threatens Canadian port Tug and barge workers pass legal deadline for walkout in Vancouver. Sun shines for Louis Cyprus shipowner to take over Sun Cruises fleet from troubled MyTravel. Liner deal boxed up Reverse takeover is completed ahead of Royal P&O Nedlloyd's listing on Euronext. Clarksons cats set to purr Top shipbroker draws up new incentive scheme to keep its team in the milk. Crew held over master's murder Three seafarers from Univan-managed Crimson Galaxy arrested in Spain. Tokyo LNG Tankers plays trader "We want to be Fedex," says business development manager. DFDS ups Flensburg order And adds on an option for a seventh ro-ro newbuilding. Reef fine for master Chinese national fined AUD10,000 after allegedly sailing bulker through Great Barrier Reef. Troim extends Frontline punt John Fredriksen's right-hand man renews his forward contract but price has fallen. CSSC yards log record quarter On paper results look good but steel crisis could dampen high hopes. China eyes Brazil ports funds Reports say China could invest billions in Latin American maritime facilities to secure ore supplies. PSA profits jump 22% Singapore container terminal operator boosted by better volumes and revenues and full year at Belgian arm.

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APRIL 16, 2004
P&O Nedlloyd completes IPO Med Shipping enters Mediterranean/Canada trade Med Shipping enters Mediterranean/Canada trade Maersk Sealand to add Asia/North Europe capacity Wan Hai studies launch of second Pacific loop Trailer Bridge again delays publication of 2003 results MTSNAC meeting scheduled for May 3-4 in Chicago Two China/Australia container services to start MarAd extends deadline for MSP product tanker proposals Wheat shippers chastise BNSF for rate shifts FMC reviews 21 OTI license applications Manugistics names Strata VP U.S. exports outpace imports in February FCC rules strengthen RFID in freight environment U.S. countervailing, antidumping probes for Canadian live swine SSA starts construction of Texas City marine terminal

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APRIL 16, 2004
Marinvest takes four product tankers from Croatia Göteborg-based Marinvest has on behalf of an international consortia ordered four ice-strenghtened LR1 product tankers from Brodosplit in ... Bribery charged aquitted Two former Rolls-Royce employees charged for bribery of a Rederi AB Gotland employee has been aquitted by the Svea ... A.P. Møller-Mærsk turns 100 years today Today one of the world's largest shipping groups turns 100 years old. April 16 1904 is the official date for ...