The Business Times, 29 December 2003

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Total Pages: 26
1 26 The Business Times
  • 16 1 THE BUSINESS TIMES MfTA (P) 024/03/2003 I int-srnst: '"!ap://business-times.asial .com.sg SINGAPORE MONDAY, DECEMBER 29, 2003 85c
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  • 729 1  -  BT exclusive Expiry of West's quota scheme will open gates to US$500b market By Chuang Peck Ming [SINGAPORE] Singapore's revitalised textile and garment manufacturers are looking forward to the lifting of one of the longest-run-ning import quota systems enforced by the developed
    729 words
  • 64 1 Week Change STI *****3 +19.42 KLSECOMP 780.02 10.27 NIKKEI 225 *****41 +132.87 HANG SENG __*****.70 +84.95 SET INDEX 734.89 +25.74 JAKARTA (X)MP ..679,31 +702 MANILA COMP .*****0 +5.16 TAIPEI WP1 *****1 +9798 SEOCLCOMP 788.85 22.35 SHENZHEN B 274 93 +7.10 AI'ST ALLORD .*****0 +32.50 DOW JONES ***** 67 +46.45
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  • 77 1 FOREX RATES ||8$ S$ IS$ (S$ per l'S$) 1.705 X(l'S$/SS per S) 1.773 3.1124 ElJRO(l.'S$/S$/E). 1.244* 2.124 YEN 107.1 62.80 KM 3800 2.229 HKS 7.766 4.555 BAHT 39.58 23.21 RI.'PIAH 8.495 4.982 RENMINBI 8.299 4.867 INDIAN RUPEE._ 45.58 26 73 AS 1.345 0789 NZS 1544 0906 PRIME RATES SINGAPORE*
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  • 662 1 If confirmed, latest case will be the first not linked to a lab accident AP. Bloomberg Reuters AFP, [BEIJING] China yesterday stepped up its nationwide alert for a possible outbreak of the deadly Severe Acute Respiratory Syndrome, a day after announcing that
    AP.; Bloomberg; Reuters; AFP,; AP  -  662 words
  • 640 1  -  Chuan Court owners selling site for $23.5m By Kalpana Rashiwala [SINGAPORE] The tally for collective sales this year continues to rise even as the year draws to a close. The latest transaction is the Kheng Leong group's deal
    FILE PHOTO  -  640 words
  • 1267 1  -  Business leader says S'pore should rethink its role in working with India By Vikram Khanna [SINGPORE] Come and ride on the back of India's economic boom. Use it, and use India's resources, to scale up your companies to global levels. Don't extrapolate from your
    ARTHUR LEE  -  1,267 words
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  • NEXT page
    • 604 2  -  One-third of them plan to use outsourcing as a tactical tool By Raju Chellam [SINGAPORE] An overwhelming 80 per cent of chief financial officers feel that large enterprises are not fully leveraging their investments in technology, an international survey has found.
      Source: ISM Consulting Servicies  -  604 words
    • 676 2 But he warns that corporate spending is Still lagging Reuters [WASHINGTON] Most of the signs of a solid US economic revival seem to be falling into place entering 2004, but Federal Reserve governor Mark Olson warns it is too soon yet to pop any
      Reuters; BLOOMBERG  -  676 words
    • 566 2 Growing economy and earnings have brought good times Reuters NYT, (ATLANTA) It was a long time coining, but US stock market investors will enter the final trading week of the year knowing they will see the first winning market
      Reuters; NYT,  -  566 words
  • Page 2 Advertisements
    • 81 2 Incorporation services in all major jurisdictions Global network of offices Ready-made companies available Management and administration services China business registration Accounting and trade support services Virtual office solutions Personal and corporate bank introductions TO ARRANGE A FREE CONSULTATION CONTACT: Simon ne Toh T:+6s 6535 3382 F:+6s 6535 3991 E: singapore@ocra.com.sg
      81 words

  • SINGAPORE companies
    • 850 3  -  More companies are expected to list as the economy picks up, but fatigue may set in by Q2 By Joyce Koh THE rush of capital raising exercises that took off in the latter half of this year looks set to gain further momentum in the
      FILE PHOTO  -  850 words
    • 625 3  -  HOCK lock siew kenneth lim RECENT media reports have highlighted the generous remuneration that electronic components distributor Excelpoint Technology has been paying its founder and chief executive Albert Phuay, particularly in a year when the company's performance seemed to have dipped.
      625 words
  • Page 3 Advertisements
    • 37 3 j cooking classes? I Reach out to more readers by advertising in The Straits Times Classified. Call our C.A.T.S. at 1800-289-9988 and our friendly sales VfefrtS serve Mr 9 pi V Buy It. Sell It. Find It.
      37 words
    • 56 3 HDBCorpP A subsidiary of HDB We have moved. From 29 Dec 2003, HDB Corporation Re Ltd together with its subsidiaries under the Surbana and CESMA names will be operating from: 168 Jalan Bukit Merah #01-01, Surbana One* Singapore *****8 Our new contact numbers: Main Line: *****288. Fax:*****090 Our email addresses
      56 words
    • 197 3 Ist your wines siav cool and classy K this festive season! kadeka IHI Lifestyle gets better Kadeka wine coolers: J". Spacious, sleek and cool. Perfect for your festive parties. Kadeka's classy range of wine coolers stores your wines at the ideal temperature with a digital thermostat. Don't waste your wines
      197 words

  • SINGAPORE markets
    • 174 4  -  BT comment STOCKS r. sivanithy its so kim like is What of the US' "jobless recovery"? Again, there is near universal agreement that notwithstanding the poor November job figures, an upturn in employment is just around the corner. One dissenting voice, though, is that of
      Source: Bloomberg  -  174 words
    • 378 4 Payment Ex Baofcs Pay (cts) data dote data Abeenken 10p f UK2.0 10-Dec 15-0k 2*f«b APSrewenes f 14N 03-Feb 06-feb 17-Nb Asa Mux K15c I RMBQ94TA16~0ec 1»K Q2-Jan etOJI 11-OK IMK 290k Aussno Grp 25c f 1J75TH 15-Oec 1ftOK 05-ton AvapMsSc *r 0.10 17-0ec 22-Ok 06-ton Beyonrcs tOc
      378 words
    • 586 4 AFP [HONG KONG] The US dollar was mixed against Asian currencies at the end of the week, with the greenback remaining under pressure because of high deficits and worries over the mad cow disease. Japanese yen: The yen gained ground during the week as the
      AFP  -  586 words
    • 107 4 Events investors can watch out for C M psal changing nam* to CtH Ltd ax-data, Dec 29 Ban Joo's Rights Issua, ax-data, Dec 31 Naw listing of ExcalpointTach, Jan 7 Aslatraval's divldand paymant, Dec 29 Buktt SaMb'a dMdand paymant, Dec 30 Coart's divldand ptyawit, Dec 30 f». I,
      107 words
    • 881 5  -  BT portfolio STOCKS teh hooi ling THE pretty strong climb by blue chips was unmatched by our portfolios. The closest match was the analysts' upgrades portfolio, which gained 0.9 per cent. It traled the Straits Times Index by 02 percentage point. ComfortDelgro and Stamford
      881 words
    • 1200 5  -  INSIDE MARKETS Despite the lack of activity, there were significant moves in four companies and investors must look out particularly for Amtek and Haw Par, says ROBERT HALILI ROBERT HALILI TRADING was light during the holiday-shortened week of Dec 22 to 26, with only
      1,200 words
    • 315 5  -  HOT STOCK WARRANT By R Sivanithy DBS Bank's Treasury and Markets section and Kim Eng Securities have recently put their heads together and come up with some pretty decent covered warrant issues. The first was one on United Overseas Bank, which
      Source: Bloomberg  -  315 words
  • 413 4 Compiled by Thomson Financial I/B/E/S OTHER SINGAPORE INDICES Dec 26 VALUE CLOSE BT08/0S +73.00 BT CADI -*****.00 +159.00 BT 10-day MA -*****.00 AR-SG Equities 465.93 +1.59 Ehct 173.56 -0.34 SGEqaMM Fin 1450.79 +5.38 SG Equities Prop 426.38 +2.66 MSCI Sbigapore 211.82 +0.47 S18C1 Frtu 212.00 unch Stocks Volume
    413 words


  • TOP 5 STORIES
    • Article, Illustration
      997 6  -  in Sinagapore when writes ANNA TEO ANNA TEO ECONOMIC STORY OF THE YEAR IT struck like a bolt from the blue and hit hard swiftly, creating mass fear, keeping thousands at home, emptying hotels and malls, and claimed lives. In just over three months, an entire economy was
      AP PHOTO  -  997 words
    • 1104 6  -  CORPORATE STORY OF THE YEAR SERENA NG recounts the saga of one of the most controversial takeovers ever, but as the new year dawns more developments may yet be in store SERENA NG NEARLY a year after Ong Beng Seng's 98 Holdings won control
      Source: Bloomberg  -  1,104 words
    • 891 7  -  INDUSTRY STORY OF THE YEAR If what's seen in the US and Europe is any indication, the region is set to witness an aviation revolution, says VEN SREENIVASAN VEN SREENIVASAN THE emergence of low-cost carriers (or budget airlines, as some would call them) is
      FILE PHOTOS  -  891 words
    • 906 7  -  RETAIL STORY OF THE YEAR Singapore's oldest retail icon is to be sold, but not before a rousing petition by loyal customers and animated debate at the AGM. KALPANA RASHIWALA reports KALPANA RASHIWALA ON a sleepy Friday afternoon in September, as most of corporate Singapore was winding
      FILE PHOTO  -  906 words
    • 871 7  -  R SIVANITHY takes stock of the penny sector's stunning performance R SIVANITHY AFTER three dismal years stretching back to 2000, this year Finally proved rewarding to stock market investors who kept the faith. Thirteen US interest rate cuts, a swift end to the invasion of
      Source: Bloomberg  -  871 words


  • SINGAPORE news
    • 449 8  -  The party has not neglected the non-tangible aspects of S'pore life: PM Goh By Joyce Koh WITH a difficult year coming to an end, the consensus is that the new year will usher in better fortunes and prospects for Singapore, according to
      HOW HWEE YOUNG/ST  -  449 words
    • 155 8 MAIL bag I REFER to the report, "Managing the CEO needs more priority: study" (BT, Dec 9). The Association of Chartered Certified Accountants (ACCA) recognises that the performance of the board is an important aspect of corporate governance, which is often underrecognised in the current debate.
      155 words
  • Page 8 Advertisements
    • 81 8 SONY. bh i 1 fin lb** I Afi I T j—^ 81 IMMPIMP, ill I v>" l|HHjK| I V Sermr attollrom Tomt ThtAngtl ot Dmrtinttt lmi CroftTOmb l^mOtr Otttgr LJmtfd Ltn Cnrt Ibmb M*r: Th» Angat of OMm« vm tor* MtfNr toflo vn* tf» ln t,, nu,n# Warranty ClnnannrA Only
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  • Page 8 Miscellaneous
    • 313 8 CRYPTIC CROSSWORD ACROSS Seven of them are ail oceans 1 Elevate one among many 5 Falsely disloyal (6) (5) 6 Rift created by a broken prom--4 Out of town and out of the ise? (6) country (8) 7 it may be held in revulsion 8 Review troops in Central (4)
      313 words

  • REGIONAL news
    • 567 9  -  BT comment MALAYSIA Decision on motor tax will show whether they were wise In putting off car purchases diana oon abdullah THIS week will see the announcement by the Malaysian government of tax measures for the motor industry in a precursor to the full implementation
      567 words
    • 401 9 Its total trade this year likely to top US$840b: minister AFP [BEIJING] China's foreign trade is expected to top US$B4O billion this year, up 35 per cent from 2002 and making the nation the world's fourth biggest trader, a leading trade official
      AFP; REUTERS  -  401 words
    • NOTE Book
      • 98 9 Bloomberg [BEIJING] China's brokerages must rotate managers every three years, according to the government, which is seeking to curb fraud and strengthen management in the securities industry. Brokerages with centralised trading operations can extend the rotation for as long as five years, the Beijing-based China Securities
        Bloomberg  -  98 words
      • 126 9 Bloomberg [BANGKOK] Thai Prime Minister Thaksin Shinawatra asked local investors to look at a company's sales and profit before buying shares, after the benchmark SET index doubled this year, led by companies under debt rehabilitation. "Some companies have no future, but their share prices are
        Bloomberg  -  126 words
      • 142 9 AFP [MANILA] State prosecutors yesterday vowed to block deposed Philippine president Joseph Estrada from leaving for a medical trip to the United States next month, fearing he may not return to face corruption charges. The prosecutors said they would appeal today to the Sandiganoayan
        AFP  -  142 words
    • 521 11 BEIJING Amendments made to central bank law, commercial bank law Bloomberg CHINA is setting up a new government agency to supervise and coordinate the nation's bank, insurance and stock market regulators, as it tries to improve risk controls before allowing lenders
      Bloomberg  -  521 words
    • Catholic church in Kerala starts travel business
    • 638 11 ASK for your complimentary copy of The Business Times on weekdays at any F&B outlet at Far East Square, courtesy of DBS (while stocks last). Far East Square has more than 35 food and entertainment outlets, including those featured here. Privileges for DBS Black card-holders: ♦Parking
      638 words
    • 508 11 NEW DELHI It has to figure oat how to manage over US$100b in assets AFP INDIA, which 12 years ago launched economic reforms in a desperate move to shore up foreign exchange reserves that had slumped to an all-time low, is now confronted
      AFP  -  508 words
    • 233 11 MUMBAI AFP INDIA'S largest private group Reliance will hire around 2,000 call centre workers in anticipation of winning new outsourcing contracts, a company official said recently. Reliance already has 4,500 employees at its Mumbai call centre. They mainly handle domestic work servicing six million
      AFP  -  233 words
    • 906 12 COMMODITY YearendRoundup AFP [LONDON] From oil to gold, base metals to rubber, world commodity markets generally put on a strong performance this year as a global economic recovery and a plunging dollar fuelled demand. Supply worries were another theme of 2003, which saw many commodities price
      AFP  -  906 words
  • Page 9 Advertisements
    • 336 9 Exquisite wE A ill iii T"- f|[ fit j m H^H B ■g; Memory Stick iH -4jl siH Sony LCD WEGA TVs bring clear and f vivid colours to life, right in the comfort of your very own personal corner. I It's no ordinary TV, it's the Sony LCD WEGA.
      336 words

  • FOKUS korea
    • 481 10  -  It'll form state investment agency in bid to lift asset management sector By Loh Hui Yin SOUTH Korea whose financial industry trails Tokyo, Hong Kong and Singapore for now aspires to take the third spot among Asia's financial hubs by pushing
      481 words
    • 1078 10  -  A booming China and other hurdles stand in the way of Seoul's regional aspirations, says Loh Hui Yin Loh Hui Yin INSULARITY, lack of English language proficiency and difficult labour relations are among key hurdles South Korea must overcome to fulfill its ambition
      Source: Incheg International Airport  -  1,078 words
  • Page 10 Advertisements
    • 2076 10 t 1 i i 1 1 IN THE MATTER OF THE COMPANIES AO. CAP. 50 A-PAC DELIGHT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting ol the members ol A-PAC DELIGHT PTE LTD duly convened ond held at 6001 Beach Road 1401 Golden Mile Tower, Singapore *****9
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    • 420 10 IN THE MATTER OF THE COMPANIES ACT (CAP. 50,1994 Ed) AND IN THE MATTER OF GROSVENOR INVESTMENTS (FORUM) PTE LTD (In Members' Voluntary Liquidation) NOTICE OF RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed Company duly convened and held at 70 Grosvenor Street London WIK 3|P,
      420 words
    • 29 10 We've MADE a HAUL! Share the good news with your shareholders. Releasing a financial statement? Call 1800-*****22 or email: notices@sph.com.sg to book your Notices advertisement in our newspapers now.
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  • Page 11 Advertisements
    • 183 11 IMERITUS MANDARIN SINGAPOREf Hr i ■f' TB^® 8 Wfclr <i!f «1I /aMfV,w aS *^B jB y »y* Usher in the New Year of 2004 right here at Meritus Mandarin Singapore! Join us as we party through the night at our New Year Countdown Party. Be immersed in lively entertainment amid
      183 words

  • 733 12 FINANCE COMMODITIES Week ended: Dec 26 snrQAPoii oovERintEirr securities dtoicattve prices amp to— Ci—>■ Mrtwtty Utwt YltM tot Ci—» MitwHy Litwt YltM N*****0H 3.5 01 FEB 2004 B 100.25/A 100.28 0.781/0.461 NX*****H 5.625 01 JUL 2008 B113.53/A 113.63 2.438/2.416 N*****1T 3.375 15 MAY 2004 BU 101.03/A 101.08 0.649/0.519 NX*****S 4.375
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  • 1564 12 S1C0M FUTURES Dec 26 RUB8ER Futures (Closing prices) RSS 1 (Scents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jan 04 218.50 Feb 04 219.75 Mar 04 221.00 Apr/Jan 04 224.00 RSS 3 (US cefltsAg) Vote me Open Month High Low Sett (tonnes) Interest Jen 04 126.25 1
    1,564 words

  • WORLD news
    • 685 13 BRUSSELS Dow Jones Stoxx 50 index rose only 9.4% for the year as economies struggled Bloomberg EUROPEAN stocks, rebounding after three years of declines, trailed a global market rally this year as the region's economy stalled and a falling dollar weighed on corporate earnings. Europe
      Bloomberg  -  685 words
    • 549 13 MAD COW DISEASE Reuters [CHICAGO] An effective halt in cattle trading at the Chicago Mercantile Exchange (CME) since the discovery of the first US case of mad cow disease spells trouble for those who make a living buying and selling steers there. But
      Reuters  -  549 words
    • 488 13 Officials also say a major outbreak of disease is unlikely AP, LAT-WP. Reuters [WASHINGTON] In an announcement that brought measured relief from researchers and industry experts, federal authorities said on Saturday that they believed that a dairy cow infected with mad cow disease came
      AP,; LAT-WP.; Reuters; EPA  -  488 words
    • 385 13 Reuters [NEW YORK] Scared of mad cow disease? Try bison, or elk, or ostrich, or even kangaroo. That's what US sellers of exotic meats are hoping consumers will do in the wake of the discovery of the first domestic case
      Reuters  -  385 words
    • 451 13 BAM, Iran AP THE final death toll from the earthquake here will definitely exceed 20,000 people, Iranian Interior Minister Abdolvahed Mousavi Lari told reporters yesterday. It was the first time Mr Lari had ventured a definite figure for the dead in
      AP  -  451 words
    • 637 14 HOLIDAY SALES No hoped-for double-digit gains, but stores fared better than 2002 NYT AS sales results began to trickle in on Friday, it became clear that this year's holiday season was only hohum for most retailers, far from the one bursting with consumer cheer
      NYT; AFP  -  637 words
    • 143 14 AFP [ROME] Shares owned by Italian Prime Minister Silvio Berlusconi leapt in value in 2003 by over US$2 billion, an Italian media report said on Saturday. The jump for the Italian tycoon brought the total value of his shares to about US$9.5 billion,
      AFP  -  143 words
    • 445 14 NEW YORK US$20m deal also includes sale of Las Vegas sister store NYT THE flagship FAO Schwarz toy store in Manhattan and a sister store in Las Vegas are being sold as part of a US$2O million deal announced on Friday that will
      NYT; REUTERS  -  445 words
    • 344 14 LONDON But Riyadh denies UK paper's report of suicide mission aimed at BA jet AFP SAUDI Arabia has arrested two Islamic suicide pilots who were preparing to fly two light aircraft into a packed British Airways jet, a British Sunday newspaper said,
      AFP  -  344 words
    • 320 14 SEOUL Reuters NYT South Korea's KEB Credit Service Co, mired in a crisis sweeping the country's debt-laden credit card sector, plans to slash up to 50 per cent of its workforce, a source close to the credit card firm said on
      Reuters; NYT  -  320 words
    • 566 15 39% of chiefs left in 2002, up from 2001, with many sacked due to poor performance NYT WE used to worship CEOs as symbols of success. Now we deride them as icons of fraud and failure. "The CEO mystique has all but evaporated," says Chuck
      NYT  -  566 words
    • 356 15 MILAN Reuters CALISTO Tanzi, detained on Saturday in the Parmalat fraud scandal, dropped out of university to build a global food group that was once a jewel of Italian industry but now is insolvent. Tanzi, founder and former head of Parmalat, was
      Reuters  -  356 words
  • Page 13 Advertisements
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      57 words
    • 27 13 pjjjjjgg SUCKLING PIG OR ABALONE usual price $88 wMi minimum order of $298++ set menu Spring Court 488 Upper East Coast Road Singapore *****0 Tel: 6449 5030/6
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      88 words

  • 857 14 Week ended: Dec 26 art— 1 Oaat Okiii Madia— m Otm Oumgt Aigreen 50c 0.40 1.100 -0i)10 NatSteet 50c 037 2060 +0.020 C*C 0.73 5.750 +0.050 OC8C 8 56 11.100 CapitaLand 1.13 1470 +0.010 OUE 0.47 6J50 Chart SemiCond 26c 1.42 1620 +0.050 Parkway H 25c 0.49 0.980 +0.010
    857 words
  • 631 14 BONDS WARRANTS Prw bail) Tal LKI Vot COM EM OIK GW Mtta Cm4u Sale *m- (Htl katio Price Mf left 3696 AST1W*****1 23 -1 30 I 16 -6 180 6 3697 Acma Ltd W*****6 1 1 SO 437 9 50 11 3602 Amtek W*****0 120 1 33 5 1-22 18
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  • 6396 15 Week ended: Dec 26 52-Wk Td LKt Vol Wook LMQwM GrOkr Wv GrVW MM MCac U* T4 Lact Vol Wort UMQaott OrtX» Dkr GrVtd Mot MCap Low Codo CowpMy Solo W- (HOP) Wfk low Hiyor So»of C*r S W W NH» low Codo Compaq Sate W- C668) H»
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  • 71 15 S24M T«l Lat Vd MM IMQwu GrtMv Dtv GTYM MM MCw Wig» Low CM» Cowpxy S* W- f*W> L—i lny» iatm Cm HI l«i 8780 «X» 6065 Diamonds US2060 2200 ***** 6095 IS DJ US Tech US3740 6097 IS MSO Spore USSR 6101 ISS4PSOO USS270 9650 9650 6170
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  • 1993 15 524* Tel LMt Vol WMk LMtOnot* GrOfy On GrVVJ MM MCaa W#i lw» Code Ciwpn Sato W- tW HI# Lo» —yr Sotor Cm Ptt 5iwB 26 7.5 S000 ABR HldgsSc 17.5 -15 128 18 17 18 19 33* 42 129 2101 APCWSc 30 +1 420 30 28 5
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  • 350 15 52-Wk T« Lasl Vol WMt Latt Quote GrOI* W» CrYW MM MCae U» <M» Comrmy Sat* w- COMI W#i Low »ny Htm Cw Wt 193 91 S 6000 AVJenrwn®A25c A190 *7 270 190 183 189 191 40 8 8 S3 72 4089 6001 Cathay Pac20c HK720 265 2.1
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  • SHIPPING TIMES
    • 282 17 Contributed by Simpson, Spence Young THERE has continued to be a real lack of tonnage available to the demolition buyers due to the extremely firm freight market, but anything that is available has been sold into China. BULKCARRIEK& Gladiator: 150,661 tdw bit 83 Daewoo reported sold region U5518,500,000
      Contributed by Simpson, Spence & Young  -  282 words
    • 299 17 SGX '000 Pot 26 S$ W- Vol CH Offshore 0.35 unch 108 Chuen Hup 0.47 0.01 622 Cosco Investment 0.60 0.02 952 CWT Distribution 0 55 unch 0 EzraHldgt 0M 0.05 345 Freight Units -..A12 0.01 4609 GB Holdings .0.71 0.01 7 Jaya Holdings 0.77 unch 297 K
      299 words
    • 381 17 HK giant buys terminal operator Hanno Rotterdam: report [SINGAPORE] The world's biggest port group, Hong Kong's Hutchison Whampoa, has reportedly expanded its dominance of Rotterdam port, by acquiring another terminal at Europe's biggest container port. Hutchison's Dutch subsidiary bought one of the port's last independent
      AP  -  381 words
    • 746 17 Not enough being done to counter threat, some say AP [MAASVLAKTE, Netherlands] Dock workers are strangely absent behind the steel fence girdling Europe's largest container port. In their place, hundreds of robot-run trucks and cranes shuttle among neat stacks of containers, making
      AP  -  746 words
    • 183 17 [SINGAPORE] China shipbuilders have signed a record 17 million tonnes worth of newbuild contracts this year, government statistics reveal. The orderbook includes ships slated for delivery beyond 2006, and was boosted by an order for six oil tankers amounting to 0.4 million tonnes China Ocean
      183 words
    • 664 18  -  DOCKYARD By David Hughes SHOULD repair yards worry about the ISPS Code? The chances are that few shipyard managers have the International Ship and Port Security Code foremost in their minds. Some of the big yards, such as the major
      AFP  -  664 words
    • 3 18
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    • 3 23 thebusinesstimes
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    • SHIPS IN PORT
      • 576 25 Vessel Voy No Berth Arrival Departure JURONG PORT/MULTI-PURPOSE TERMINAL CSAV SANTOS *****S J24/25 A/SIDE 29/12 0600 DAFA 008 J18/19 A/SIDE 29/12 0300 PHILIPP OLDE *****6 J15/16 A/SIDE 29/12 0900 SINAR BORNEO 02/03 J7 A/SIDE 29/12 1000 WESTERMOOR 006E J17/18 A/SIDE 29/12 1200 ASIA QUEEN 2176 J13 29/12 0900
        576 words
      • 2 25
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      • 79 25 U/F unfilterable This report is based on samples as analysed by DNV Petroleum Services and is on abstract from their more detailed fuel quality statistics which is malied to participating shipowners. Key bunker ports have been grouped in geographical regions for brevity.Comperison has been made with
        79 words
      • 178 25 Dec 30 Philippines: Rizal Day. Deo 31 Philippines: New Year's Eve. Thailand: New Year's Eve. Jan 1 Australia: New Year Day. Brunei: New Year Day. Canada: New Year Day. China: New Year Day. Hong Kong: New Year Day. India: New Year Day. Indonesia: New Year Day. Japan: New
        178 words
      • 814 25 THIS report, compiled by Cockett Ma rine Oil Ltd. shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average sized stem Market movements are Indicated. The Cockett Bunker Price Index change and
        814 words
    • AIR & LAND transport
      • 439 26 Inadequate framework for working practices, operations checks, pilot training AFP [PARIS] The crash at Cotonou in west Africa of a Boeing 727 passenger plane belonging to a Guinea airline, piloted by a Libyan crew and without a proper flying licence, highlights problems of
        AFP; REUTERS  -  439 words
      • 872 26 Mergers seen as way to cat rising losses among Europe's carriers EUROPEAN AVIATION Bloomberg [FRANKFURT] Europe's airline industry, which saw its biggest takeover when Air France agreed to buy KLM Royal Dutch Airlines this year, may be set for more consolidation, said Jan-Ernst
        Bloomberg; AFP  -  872 words
      • 148 26 Bloomberg [WASHINGTON] America West Airlines said it plans to hire more than 1,000 and lease four additional planes as part of a plan to boost the number of passengers it carries by 10 per cent next year. The new employees would boost the company's
        Bloomberg  -  148 words
      • LOG Book
        • 93 26 AP [INDIANAPOLIS] An American Airlines flight was evacuated after a flight attendant found a suspicious-looking device in the airliner. Police determined the object posed no danger. Indianapolis International Airport officials offered no details on what the device was. The plane touched down at 2 pm EST
          AP  -  93 words
        • 123 26 Bloomberg [SEOUL] Asiana Airlines, South Korea's second-largest carrier, said it filled fewer seats with paying passengers and less cargo space last month than a year earlier. The Seoul-based airline filled 70 per cent of its seats in November, down from 71.6 per cent a year ago,
          Bloomberg  -  123 words
        • 76 26 Xinhua [ROME] Italian Health Minister Girolamo Slrchia ordered anti-Sars checks to be resumed for flights from China to Italy. The measure was taken in Italian international airports after fresh-reports of a hew suspected Sars case in Guangdong Province, Southern China. The Italian health minister's decision
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      127 words