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Shipping News

Inside BT with better coverage
DEAR Reader, This is the last issue of Shipping Times in this format.
UK rediscovering canals to take pressure off roads
BRITAIN's network of navigable canals, the liquid highway of England's industrial revolution, is being revived after decades of disuse to help relieve commercial congestion on British roads.
PSA Int'l keen on more China investments
PSA International will continue to seek out new investment opportunities in China's port projects, despite being a little late in moving into China.
Indian truckers call off strike over tax
INDIAN truckers have called off their week-long strike to protest against service tax after reaching an agreement with the government, the Finance Ministry said.

Air and Land Transport

Airbus plans new version of A330 to take on Boeing's 7E7
AIRBUS, the world's biggest planemaker, plans to challenge Boeing Co's 7E7 airliner, the US company's first new plane in 15 years, with a longer-range version of the A330 model, said people familiar with the project.
Heads to roll at BA after Heathrow delays chaos
New terminal for Ho Chi Minh airport
Thai Air fills more seats in July
Jet Airways plans Dhaka service
Will this idea fly?

web site

Shipping News

Inside BT with better coverage
DEAR Reader, This is the last issue of Shipping Times in this format.
UK rediscovering canals to take pressure off roads
BRITAIN's network of navigable canals, the liquid highway of England's industrial revolution, is being revived after decades of disuse to help relieve commercial congestion on British roads.
PSA Int'l keen on more China investments
PSA International will continue to seek out new investment opportunities in China's port projects, despite being a little late in moving into China.
Indian truckers call off strike over tax
INDIAN truckers have called off their week-long strike to protest against service tax after reaching an agreement with the government, the Finance Ministry said.

Air and Land Transport

Airbus plans new version of A330 to take on Boeing's 7E7
AIRBUS, the world's biggest planemaker, plans to challenge Boeing Co's 7E7 airliner, the US company's first new plane in 15 years, with a longer-range version of the A330 model, said people familiar with the project.
Heads to roll at BA after Heathrow delays chaos
New terminal for Ho Chi Minh airport
Thai Air fills more seats in July
Jet Airways plans Dhaka service
Will this idea fly?

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HK, PRC liberalise trade futher through Cepa II agreement Guizhou to build five water transportation passages PSA loses USAC in Singapore Maersk profit rises Air Cargo drives economic development, says TIACA Dnata improves perishables handling Air Canada restructuring plan approved PAL appoints new president

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Maersk Sealand upgrades transpacific eastbound service offerings Lloyd Triestino to launch new BSS intra-Med service linking Taranto with Black Sea ECU-Line to/from Harare CSCL's first half net profit soars to 1.5 bn yuan Zim changes name MOL introduces Haiphong-Hong Kong service "K" Line to expand fleet OOCL obtains 'Ship Agent' status in China Vessel carrying rice cargo to Somalia sinks near Jakhau coast G8 to impose 5-stage rate increases starting October EU dumps dumping duty on stainless steel wires Edible oil import bill shoots up to Rs 11,209 cr. Plastic council plans warehouse centres in US Cotton importers seek Indian arbitration Now, Directorate-General (Ports) in offing MbPT invites bids for maintenance dredging, to appoint engg consultant Raging fuel prices fail to burn up cargo traffic growth'IATA chief CONCOR commences weekly service from ICD-TKD to Mumbai Port Forex reserves declined by $ 14 million to $ 1,19,322 million Lift bar on house-stuffing, plead tea exporters NFTP may set export targets still higher to net 1.5-2 pc share of global trade Small exporters, farm sector may get maximum incentives Norms for import of rough marble blocks amended Rajasthan plans second SEZ for jewellery exports Garment exporters' plea for SEZ in Haryana DCI gets 7 EoIs for JV proposal Menlo to expand India coverage with more offices & service offerings NFTP to be available on 3 websites today

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AUGUST 30, 2004
Former FAMM trader joins Bominflot UK Korean operations resume as Chaba heads for Japan Operations resume in South Korea's main bunkering pots as typhoon heads towards western Japan. Shanghai traded volumes slip 70% in four days Power companies and traders express concern over fuel oil exchange's liquidity sustainability over long-term, reports claim. Tanker shortfall exacerbates tightening Singapore avails High 'cross harbour' freight rates, tanker shortages and shipowners' preference for long-haul voyages adding to key Asian port's availability problems. Bunker operations suspended in Busan, Ulsan The anticipated arrival of Typhoon Chaba, the third tropical storm to hit the region in recent weeks, forces bunkering suspension.

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AUGUST 30, 2004
Weak dollar and offshore markets temper AP Møller ' Mærsk's results Marnavi in KG deal Greek-flag crude oil tanker hits New Orleans ferry terminal IHC Caland yard sale in Q4

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AUGUST 30, 2004
Austal to bid on amphibious ships $197 million contract for Newport News

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AUGUST 30, 2004
Asian building products VIPs in Seattle for gateway program Terry Glucoft retiring from Schnitzer Steel Radix Marine awards manufacturing contracts International Trade Commission wants input on logistic services "K" Line orders first solely owned LNG carrier

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Evergreen in line to order 9,000 teu ships from CSBC TAIWAN'S Evergreen Marine, one of the world's largest container shipping companies, is in talks with compatriot shipbuilder China Shipbuilding Corporation over an impending order for a set of 9,000 teu class ships. Transpetro's $1.2bn tanker bonanza ignites Brazil's yards TRANSPETRO president Sergio Machado has lifted the lid on a tantalising $1.2bn tanker order designed to reactivate the shipbuilding industry in Brazil. Yemen sentences Limburg bombers FIVE al-Qa'eda supporters responsible for bombing the tanker Limburg in October 2002 have been sentenced to 10 years in jail by a Yemeni judge.

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AUGUST 30, 2004
Rotterdam port chief resigns CEO Willem Scholten stepped down after it was learned that he engaged in financial deals that could cost the port authority $120 million. China awards railway contracts APM Terminals awards crane pact ITC to probe foreign logistics markets WTO upholds ruling on Canadian Wheat Board Israel, Vietnam sign trade pact Iraq's first post-Saddam trade fair set for December Rail union poised to merge with Teamsters Taiwan-China trade soars Indian truckers end strike India may cut some export subsidies China edges toward e-trade

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AUGUST 30, 2004
Financial blunders see Rotterdam's Scholten resign Rotterdam Port Authority CEO Willem Scholten (60) has this afternoon resigned following financial blunders that could cost Rotterdam '100 (US$120.58) million. Panama Canal reviews box charging system The Panama Canal Authority (ACP) has raised the prospect of further increases in the cost of transiting the waterway for containerlines. Pearl River partnership aims to feed hungry MLOs Barge operator Sun Cypress (SC) has entered into a partnership with CMA CGM and Macau Port in a bid to capture growing Pearl River Delta (PRD) cargo volumes. Third 2004 rise for SE Asia/Australia trade Congestion still the key to South Africa's port growth Sugar and Soya season clogs Santos' arteries Canadian intermodal shipments surge OOCL orders four more ships

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AUGUST 30, 2004
Fesco numbers surge Russian owner grows first-half profits despite increased docking and crew costs in second quarter. IHC Caland on the up Dutch group posts higher profit figures as sale of shipyards progresses. Dutch owners eye ferry deal Wagenborg and Doeksen close to winning 15-year state contract for island transport. SCI denies cable damage Indian owner says Sri Lankan web connection not severed by one of its vessels. Bourgas bursts at seams Bulgarian yard uses construction firms to help with workload after reaching full capacity. India Steamship plots expansion Calcutta tanker owner earmarks more than $200m to increase fleet size to seven or eight vessels. Sado cutting losses Japanese ferry owner has better first half, but doesn't expect to pull out of red this year. Yang Ming grows again Taiwanese boxship owner continues to make money from strong markets. Sincere navigates to profit Profits and revenues double in first half for Taiwanese bulker owner. Daewoo raises energy levels Korean shipbuilder plans to expand into the energy business to boost income by 2015. HUBLine piles on the profits Malaysian intra-Asian boxship operator sees third quarter profits almost double on a year ago. Astro Altair hits ferry terminal Kristen Navigation aframax ploughs into New Orleans ferry landing after loss of steering control. Rates lift PDZ Holdings Higher freight rates and lower operating costs help Malaysian boxship player return to the black. Limburg five found guilty Yemen court sentences men to ten years in jail for terror attack on former Euronav VLCC.

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AUGUST 30, 2004
DFDS with a better first half than last year DFDS Group got a better first half of 2004 that the similar period in 2003. Revenue was up 14 per ... Thin margins for Color Line Norway's biggest ferry operator Color Line produced very small margins in the first half of 2004, despite higher turnover and ... Damen prepares for personnel cuts and shiprepair yard closures Dutch Damen Shipyard Group is negotiating layoffs of over 220 employees at the shiprepair facilities in Rotterdam. The action could ...