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JoC Online Daily E-mail Newsletter
Thursday Edition
December 27, 2001
www.joc.com

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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

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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

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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.

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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

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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

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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

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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.

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TO SPONSOR THE E-NEWSLETTER OR ADVERTISE IN JoC ONLINE
Call Tammarra Askew at 973-848-7077 or e-mail: taskew@joc.com

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