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JoC Online Daily E-mail Newsletter Thursday Edition December 27, 2001 www.joc.com =================================================== Take the Daily Quiz, sponsored by APL. The highest point in Africa is located in which of the following countries? Click on http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0PuU0AZ =================================================== TODAY'S TOP HEADLINES: * Evergreen, Cosco to end slot-sharing accord * India to sell 51% stake in ocean carrier * Asia-U.S. liner outlook gloomy * Chemoil takes stake in OceanConnect * Heavy snow slows NS operations around Buffalo * Crowley taps Grune to head Ship Assist and Escort Services * South Korea to expand Inchon airport * JoC Week: Shaky start for air cargo =================================================== The Journal of Commerce Group is proud to announce the 2nd annual Trans-Pacific Maritime Conference on March 3-5, 2002 in Long Beach, California. This is the time of year when shippers are entering contract negotiations and sizing up requirements for the summer-fall peak shipping season. We are pleased to announce that C.C. Tung, chairman and chief executive of Orient Overseas (International) Ltd., will be the keynote speaker. For additional information or to register online, please go to http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0RqK0AN If you have any questions, please contact Ren?e Stambach at (973) 848-7154 or rstambach@joc.com. For sponsorship opportunities, please contact Yvonne Berry at (541) 485-0053 or yberry@joc.com. =================================================== EVERGREEN, COSCO TO END SLOT-SHARING ACCORD Evergreen in February is expected to begin to use its slot allocation on Lloyd Triestino's services between China and Singapore and between Australia and Singapore. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1q0Aw INDIA TO SELL 51% STAKE IN OCEAN CARRIER The government expects a strategic partner to provide technical and management expertise, in addition to investing in fleet expansion at Shipping Corp. of India. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1r0Ax ASIA-US LINER OUTLOOK GLOOMY Container lines are forecasting flat cargo business for the first half of 2002. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1e0Ak CHEMOIL TAKES STAKE IN OCEANCONNECT Thomas Reilly, OceanConnect's president, announced that Chemoil Corp. has acquired an equity stake and is using OceanConnect as its exclusive online system for buying and selling fuels. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1s0Ay =================================================== FREE ACCESS TO JoC ONLINE! As a holiday gift to you, from December 24, 2001 - January 1, 2002, JoC Online will be unwrapping its best offer yet - FREE access to the entire site! For one week only you get FREE access to our daily updated content, Handbook of International Trade, unlimited archive searches and more. Tear into this opportunity by visiting us today at http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0PuU0AZ =================================================== HEAVY SNOW SLOWS NS OPERATIONS AROUND BUFFALO Norfolk Southern Railway customers with shipments moving through the Buffalo, N.Y., area should expect delays of about 48 hours because two feet of new snow has slowed operations drastically. Another two feet is expected in the area by early next week. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1t0Az CROWLEY TAPS GRUNE TO HEAD SHIP ASSIST AND ESCORT SERVICES The Seattle-based division was one of three operating groups created when Crowley announced in October the reorganization of its Crowley Marine Services subsidiary. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1u0A1 SOUTH KOREA TO EXPAND INCHON AIRPORT The expansion will increase capacity to 410,000 flights a year from 240,000. When complete, the airport will be able to handle 4.5 million tons of cargo a year, compared with 2.7 million now. http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0S1u0A1 ...and only in JoC WEEK Shaky start for air cargo Air-cargo executives undoubtedly wish they could forget the disastrous year that's about to conclude. Unfortunately, they won't be able to because few expect rates or volume to rebound until next spring, at the earliest. To subscribe, visit http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0RHs0AM =================================================== SUBSCRIBE to JoC WEEK and get access to JoC ONLINE Go to http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0PuU0AZ for complete coverage of international trade and logistics. =================================================== TO SPONSOR THE E-NEWSLETTER OR ADVERTISE IN JoC ONLINE Call Tammarra Askew at 973-848-7077 or e-mail: taskew@joc.com ~~~~~~~~~~~~~~~~~~~~~ FEEDBACK E-mail: editor@joc.com ~~~~~~~~~~~~~~~~~~~~~ TO UNSUBSCRIBE You are subscribed as jsteffe@enron.com To unsubscribe, click the link below: http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0Si50As ~~~~~~~~~~~~~~~~~~~~~ Forward To An Associate If you haven't already done so, please forward this newsletter to one or two of your business associates. Reading A Forwarded Copy of This E-Mail? Now you can receive you own daily e-mail newsletter with a summary of the day's top stories delivered right to your own e-mail in-box. To subscribe, simply click on http://news.joc.com/cgi-bin7/flo?y=eEft0BejkZ0BbA0QEo0AE ~~~~~~~~~~~~~~~~~~~~~ CUSTOMER SERVICE Phone: (800) 331-1341 E-mail: customersvs@joc.com JoC ONLINE Phone: 973-848-7000 Fax: 973-848-7016 Mail: JoC Online 33 Washington Street 13th Flr. Newark, NJ 07102-3107 Copyright 2001 Commonwealth Business Media
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