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| NOVEMBER 6, 2000 |
Shipping News
- Chemical tanker was in bad shape: inspector
[BREST, France] The Italian chemical tanker that sank off France's north-west coast earlier last week was badly maintained, an official who inspected the vessel said.
- Malaysian ship damages part of coral reef
- Slick spotted near French coast
- Ship sales
Air and Land Transport
- BA expected to report 37% rise in 2nd qtr profit
[LONDON] British Airways will report a 37 per cent rise in operating profit and a tripling of net income for the second quarter, according to the average forecast of five analysts polled by Bloomberg News.
- China is 2nd biggest aviation market: Boeing
- Thai airline cuts into Cambodia's domestic market
- Lawyers meet on Concorde crash compensation, no deal seen
- Rolls-Royce to close Derby aircraft engine parts plant
- Virgin Airways plane returns after snag
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| NOVEMBER 6, 2000 |
- China WTO entry boom for US companies despite problems
A panel of experts said Friday that China's entry into the global trade community will offer tremendous opportunities for U.S. firms, but there will be some bumps in the road.
- Wisconsin Central on the block
The rail company, facing an attempt by dissident shareholders to replace its board of directors, said Friday it has retained Goldman, Sachs & Co., an investment banking firm, to explore a sale.
- Money steaming to 'new' terminal operators
Ports have become a glamour business, offering high growth, handsome margins and worldwide potential.
- Del Monte threatens Galveston departure in move to win port concessions
- UPS executives predict solid growth
- House overwhelmingly passes WRDA
- TNT named preferred provider for Motorola in Europe
- India-Russia intermodal route faces hurdles, officials say
- UPS selects MD-11 as next long-range freighter
- UPS enters joint venture with Indian company
- Environmentalist call for ban on shipping over Great Barrier Reef
- Frankfurt, Amsterdam airports expand cooperation
- Construction to begin on new container terminal in New Orleans
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| NOVEMBER 6, 2000 |
- Hanjin takes delivery of post-panamax vessel
- APL expands India operations
- Maersk Sealand starts weekly China-US west coast run
- Airport dangles hub carrot
- UPS and Jetair in Indian venture
- Ansett Australia launches HK/Melbourne direct service
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| NOVEMBER 3, 2000 |
- Northwest wants to get rid of Continental shares
- Geest and Norfolk join forces
- Cosco want to become conference member; E-business initiative
- Airport companies Amsterdam and Frankfurt join forces
- Swisscargo launches express service for hardfreight
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| NOVEMBER 6, 2000 |
- Essar Shipping joins hand with MISC
- Draft Cargoways opens office at Tirupur
- CoS disfavours limit to LNG imports
- Dumping duty on low carbon ferro chrome to be lifted
- Leather export prospects brighten
- Engg exports up 24 per cent
- Govt may allow used shuttleless looms import, discloses Rana
- CII bid to help cos in Eastern Region
- IMC organises meeting with Ram Naik on Nov. 14
- Longest LPG pipeline to be ready by Dec.
- Apex chambers welcome new Textile Policy
- Cos Act may be amended to protect small investors
- Concor net Rs 56 cr in Q2
- Global investment meet in Dhaka
- Knitting sector too may be deregulated
- Cabinet gives nod to grains export
- Venture funds inflow placed at $ 700m
- Sidbi plans to invest $ 20m in venture fund
- Seminar on ‘L/C & International Trade Finance’ today
- Indev geared for total logistics
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| NOVEMBER 3, 2000 |
- Turkey wants improved safety in Bosphorus straits
- Crude oil falls after Middle East leaders call to end violence
- Company updates
- Montevideo and Alpha Zone bunker prices
- Los Angeles and San Francisco market snapshot
- Seattle, Portland and Vancouver markets this week
- Montreal at lower levels, Halifax subject to enquiry
- Prices down in New York and Philadelphia
- Prompt barge congestion in New Orleans
- Houston: softer this week
- Avails good in Chile
- Panama and St Eustatius market review
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| NOVEMBER 3, 2000 |
- New reefer service Mexico
- Rhinecontainer takes over C.E.M
- Prologis leases Districenter to NCR
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| NOVEMBER 3, 2000 |
- Eagle Soars, BAX Sinks
- Transpacific Gets More Expensive
- Real-time Cargo Data from NY/NJ
- P&O Chooses Newark
- PACER Buys RFI
- Ocean Carriers to Launch Portal
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| NOVEMBER 6, 2000 |
- Society Charged Over 'Erika'
- Now Ugandan Warehouses are Denied Licences
- Zanzibar Spends $0.79 million on Free Port
- EU to Complain Against Korea
- Indian Ocean States Propose Union for Seafarers
- KPA Acquires New Terminal Tractors
- Dubai Signs Deal to Manage Djibouti Port for 20 Years
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| NOVEMBER 6, 2000 |
- Nikko buys Powell Duffryn for £507m
PRESTIGE Acquisitions, a buyout vehicle backed by Japan's Nikko Securities, has agreed a £507m ($735m) purchase of UK ports and marine engineering group Powell Duffryn.
- Pollution threat played down
THE Italian tanker which sank off the northern French coast last week is unlikely to provoke an environmental disaster, French prime minister Lionel Jospin said after flying over the wreck site.
- e-bro ready to take on partners for expansion
INTERNET shipbroking tool e-bro has said it might look for industry investors as an alternative to seeking venture capital for expansion.
- Insurer reforms Lloyd's presence
COTESWORTH has become the latest marine insurer to rationalise its Lloyd's presence, writes James Brewer.
- Cammell Laird hit by row with shiprepairers
BRITISH shiprepairer Cammell Laird has run into conflict with a group of 40 Marseille shiprepair service and equipment suppliers over the operation of the recently signed contract which gives it exclusive use of the port's three main drydocks.
- MSC Cruise newbuilding talks collapse
NEWBUILDING negotiations for two cruiseships between MSC Cruise, the Mediterranean Shipping Company's cruise arm, and Cantiere Navale Fratelli Orlando shipyard have collapsed at a very late stage, Lloyd's List can reveal.
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| NOVEMBER 3, 2000 |
- Stentex makes first on-line fix
- Bunga reef-bound for a week
- Blast kills box ship crew
- Smouldering issue catches on
- Japan, China mull fast ship service
- HK stowaways get 18 months
- Dutch rebuke EC transport chief
- Lloyd’s beats off fraud allegations
- Derbyshire report due next week
- US seaborne trade on the up
- Baltimore cuts forest products deal
- Second bidder for Molo VII
- Six drowned in Chinese sinking
- Chittagong hit by another strike
- HHLA-BLG merger still in doubt
- Piraeus agents angry over IT system
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| NOVEMBER 3, 2000 |
- Mayne Nickless vend Parceline et Interlink Express à La Poste
Le nouveau CEO du groupe australien Mayne-Nickless, Peter Smedley, n’a pas perdu son temps: il a vendu les sociétés de transport express Parceline et Interlink Express (ainsi que la petite société Mayne Nickless Logistics) au R.-U. et en Irlande, ce qui signifie que le groupe n’a désormais plus d’activité dans le transport en Europe. La nouvelle n’a guère étonné, car on sentait venir un recentrage des activités sur le secteur hospitalier et des soins de santé. Le nom de l’acheteur n’est pas davantage une surprise: c’est GeoPoste, la société de La Poste française pour l’express et la logistique. En effet, les sociétés reprises sont les franchisés de DPD outre-Manche, et plus de la moitié de DPD appartient déjà à La Poste.
- L’Europe de la sécurité maritime piétine toujours
Une fois de plus, le littoral français de la Manche est concerné par un naufrage. Après la catastrophe du pétrolier “Erika” survenue le 12 décembre 99, dont on a vidé les citernes, mais dont des résidus polluent encore certaines plages de la Bretagne, c’est maintenant la cargaison particulièrement dangereuse du chimiquier italien “Ievoli Sun” (7.300 t.dw - 1989 - double coque- enregistré à Malte) coulé à 19 km de l’île normande d’Aurigny, qui fait peser une lourde menace sur cette partie du littoral.
- Dart Line change de terminal au R.-U.
L’opérateur de ferries britannique Dart Line, filiale du groupe Jacobs, qui exploite les services roro entre Zeebrugge et Flessingue d’une part et Dartford d’autre part, va quitter sa base britannique. Dart Line disposera d’un nouveau terminal roro juste à côté du futur terminal à containers de P&O Ports à Shell Haven.
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| NOVEMBER 3, 2000 |
Maritime Contract News
- Hyundai Gets LNG Contract
Breaking News
- North American Rig Count Drops 8
- Gas Carrier To Get Repairs At Sea
- Transocean Sedco Forex Reports Rig Damage
- CosPas-Sarsat To Cease Use Of 121.5 and 243 MHz In 2009
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| NOVEMBER 6, 2000 |
- Petrobras hit by tanker spill
The state-owned Brazilian oil concern has suffered its third major oil pollution incident in eleven months.
- Salvors submit MISC boxship refloat plan
A second attempt to refloat the Bunga Teratai Satu from the Great Barrier Reef is set for Wednesday.
- Nikko Securities to buy Powell Duffryn
Japanese securities house acquiring firm for UK ports business. Plans to sell engineering arm.
- Navigator and Marlink close in on resolution
A deal appears to have been sketched out between warring parties Navigator Gas Transport and Marlink.
- Soponata confirms Sumitomo order
Portuguese tanker owner Soponata has ordered two aframaxes from the Japanese yard for a combined fee of $74m.
- Acomarit ship awaits lightering after internal leaks
The gasoline aboard the combination carrier Bear G, which suffered internal leaks en route to New York, will be lightered and the ship repaired before it heads into port, according to managers Acomarit.
- Express Samina inquiry blocked
The Greek parliament has voted against an investigation into the sinking of the Express Samina ferry, which killed 80 people.
- EU launches post Ievoli Sun task force
The European Commission is having second thoughts as to whether planned tanker safety legislation will be enough.
- Cunard poised for decision on Queen Mary 2
Cunard chief Larry Pimentel is due in London on Monday for an announcement on the planned $700m transatlantic liner.
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