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| AUGUST 7, 2000 |
Shipping News
- Global Mariner sinks after collision
THE former International Transport Workers Federation (ITF) campaign ship Global Mariner has sunk following a collision in the port of Matanzas, Venezuela.
- Hyundai to expand Korea-Australia service
- Bullet-proof lifejackets for seamen
- Frontline, Bentley reach deal on Golden Ocean
- Canada seizes disputed cargo ship
- Russia's Novoship sails into better times
- Ship sales
- Port shots
Air and Land Transport
- Aussie airlines slash fares as price war begins
[SYDNEY] Australia's major carriers, Qantas and Ansett, have begun slashing prices to match cuts announced yesterday by newcomer, Impulse, as the country's airfare war heats up.
- Metal part found on runway not part of jetliner
- Pressure mounts on Japan to slash airport fees
- Emirates tops poll
- Washington's Dulles airport to undergo US$3.4b upgrading
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| AUGUST 7, 2000 |
- N.Y. rail freight tunnel would cost $2.3B: Study
The project would provide a direct link to the nation's rail network.
- E-filing of SEDs should be mandatory: Report
The Commerce Dept. wants shippers and forwarders to file via the Automated Export System by 2005.
- Zim extends slot accords with China's Cosco line
It's part of the Israeli carrier's $300 million plan to upgrade services.
- Hanjin's profit soars to record high
- US should take lesson from Canadian cargo incident: Marad chief
- India's battle-weary ports secure 10 years of labor peace
- Hvide, Tesoro roll out Alaskan tanker service
- Emery pilots ask for arbitration
- ProNetLink's Zagoren named e-commerce advisor to Commerce Dept.
- EVA raises profit forecast
- Kintetsu World Express forms perishables group
- HIT establishes EDI link with Evergreen
- Russia losing $1.5 billion a year on poor port services: Putin
- Air Canada sticks to pilot offer despite profit bounce
- India customs introduces phone-based tracking
- British Post Office acquires stake in German delivery company
- China pledges to modernize maritime industry
- Circle International net income up 35%
- MC Shipping posts $22.3 million second-quarter loss
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| AUGUST 7, 2000 |
- Coscon and Zim conclude slot purchase agreement
- Overseas investors in Jiangsu
- Contship ups Tasman crossings
- Mawan project
- GAC opens in Indonesia
- UPS buoyed by record Q2
- TNT keeps its technology development in the loop
- American Airlines drops charge
- Australian terminal opens
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| AUGUST 4, 2000 |
- EU warns about Austrian trucking policy
- TDG to expand in France and Holland
- American Airlines defer fuel surcharge
- QuoteShip Exchange goes national
- Raid on military equipment shipping
- DaimlerChrysler chooses Augeo's Intelligent Planner
- 35 percent increase net income Circle
- Content and community with LogisticCases.com
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| AUGUST 7, 2000 |
- Hamburg Sud first global liner to have EM system
- Seminar on 'Multimodal Transport in the New Millennium' held at WTC
- Gateway Distriparks Ltd, AceFusion in e-logistics tie-up
- Coscon, zim ink new pact
- India takes up dumping duty move by S. Africa, EU
- Input-output norms for 22 items
- Global pepper exports up
- Leather goods exports show positive trend
- Reinstate Sec. 80 HHC benefits, pleads Fieo chief
- More coffee exports permitted
- 22 pc rise in handling at Chennai Port
- Direct tax collections show 76 pc growth
- Govt to chalk out 5-year perspective export strategy
- Semi-automatic looms qualify for TUF loans
- Govt clears 26 FDI proposals
- Sugar industry set for crucial meet with Centre on Aug. 9
- West Bengal to set up maritime board soon
- Harrods to promote 3 Indian coffee brands
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- Shell to raise Singapore refinery runs in response to Asian demand
- Crude gains supported by fears of winter distillate shortages
- Petrobras restrict bunker deliveries to daylight-only hours
- Credit reporting company launches new weekly service
- Brazil: 4 sacked, 3 suspended over Repar leak
- Singapore market update
- US West coast prices firm with tight avails
- Pacific Northwest market report
- Good bunker demand seen in New York and Philadelphia
- Montreal and Halifax market review
- Good avails foreseen in Argentina
- Prices from all Brazilian ports
- Snaps from the Panama Canal and St. Eustatius
- Ecuador bunker market report
- Strong demand in Chile
- US Gulf market report
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| AUGUST 4, 2000 |
- ESC welcomes commission paper
- Lloyd Triestino continues to upgrade its fleet
- HMS introduces new containers
- CTL boosts service to Spain
- ACI launches Luxembourg service
- Freight Europe (UK) on the move
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| AUGUST 7, 2000 |
- Brokers fight for syndicate scraps
A major battle has begun among insurance brokers after the decision of the Markel International insurance group to place the massive ships' hull business of Lloyd's syndicate 329 into run-off.
- The 37,842 dwt boxship P&O Nedlloyd Genoa
The 37,842 dwt boxship P&O Nedlloyd Genoa pictured yesterday in the port of Le Havre during her first call. The 3,000 teu vessel is deployed in the new Grand Alliance - Atlantic Express butterfly services. She was built in 1998 by Kvaerner-Warnow Shipyard in Warnemunde.
- Aker hazy over Kvaerner rejig
OSLO-listed offshore supplier Aker Maritime, a Kjell Inge R'kke company, wants to "contribute to ongoing restructuring" in Anglo-Norwegian group Kvaerner, but offered no concrete timetable or game plan for this purpose.
- US lawyers
US lawyers Terrence Ford and Michael Danko join Austrian lawyer Claudio Bauer for a press conference in Berlin on Saturday, held to inform the dependants of victims of the Concorde crash about claims for damages.
- Scale not subtlety keeps Fredriksen in the Frontline
Frontline's latest annual report has a brashness and confidence that befits a tanker market that is - pardon the non-maritime metaphor - going like a train.
- New weather services from Met Eireann
A NEW range of two to five- day weather and sea forecasts for specific regional and local areas has been announced by Met Eireann, the Irish Meteorological Service, writes Tom MacSweeney.
- Katie owner accuses Canadian forces
CANADIAN forces who seized control of the GTS Katie late last week have been accused by the ship's owner of endangering the lives of all onboard as well as residents living nearby.
- Rotterdam's web feat
LAUNCHING a new maritime website hardly qualifies as news these days. For the first seven months of this year the sheer number of new internet ventures has made sure of that. But, although e-commerce has lost some of its freshness, it is far too early to be looking for the next big thing.
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| AUGUST 4, 2000 |
- Alaska fines cruise lines
- Koreans to build Angola refinery
- Global Mars handed back
- Baltic may seek virtual partner
- Ugland Nordic raises $10M
- Chinese plan oil reserve
- SSY on the move
- Smuggling suspects freed
- Yemen plans oil terminal
- Vietnam targets export surge
- Bidding war starts over North
- Fremantle wins expansion battle
- Trans Asia risks license loss
- Phenol spill after Singapore collision
- Canadian navy seizes arms ship
- Millennium faces early docking
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| AUGUST 4, 2000 |
- Matières dangereuses: harmonisation de la réglementation fluviale au plan européen
L'Europe va, lentement mais sûrement, vers l'unification du droit fluvial. Après la signature, le 26 mai à Genève et sous l'égide de la CEE-ONU, de l'Accord européen relatif au transport international de marchandises dangereuses par voies de navigation intérieures (ADN), une conférence diplomatique se tiendra à Budapest, du 25 septembre au 4 octobre prochain, en vue de l'adoption par les Etats européens de la Convention relative au contrat de transports de marchandises en navigation intérieure (CMNI).
- Le Havre entend rester à la pointe de la containérisation
Ça bouge dans les ports à containers d'Europe continentale. Anvers poursuit la réalisation de sa première darse à marée sur la rive gauche de l'Escaut, où les premiers postes doivent être opérationnels à la fin de 2001. Rotterdam prépare les plans de sa deuxième Maasvlakte. Le Havre va entamer prochainement la réalisation de la première phase de son projet "Port 2000", qui porte sur quatre postes à marée construits dans un nouvel avant-port gagné sur l'estuaire de la Seine.
- Le nouveau citernier "Maracaibo" entame son maiden trip
La plus récente acquisition de la flotte fluviale citernière belge, le "Maracaibo" à double coque, entamera lundi prochain son maiden trip. Le bateau a été livré il y a quelques semaines par le chantier naval Gerlien de Druten à la société Orinoco de la famille Straatman. La mise en service est intervenue en fonction de l'adaptation de la législation européenne en ce qui concerne la réglementation vieuf pour neuf. Ainsi, le propriétaire a pu éviter une "amende" de plusieurs millions de BEF.
- Wetrex reprend la filiale d'Omni-Trans à Zeebrugge
L'entreprise de douane et d'expéditionWetrex, qui est implantée à Zeebrugge, à repris la filiale locale de la société anversoise Omni-Trans, qui a fait faillite. Les rumeurs selon lesquelles cette filiale aurait été reprise par A.D. Logistics, qui fait partie du groupe Adelantex, ne sont donc pas fondées. On serait toujours à la recherche d'un repreneur pour la maison-mère d'Omni-Trans à Anvers.
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| AUGUST 7, 2000 |
- Not many outside Russia have heard of Akademgorodok, the "city of science" established by the Soviet Union in the 1950s just outside Siberia's largest city, Novosibersk. But it's a place well known to Faith Fischer, founder of Project Aid/Siberia, a U.S.-based organization that provides relief services to Siberians. Fischer has lived in Akademgorodok for most of the past decade and founded the humanitarian group in 1992. Since 1992, Project Aid/Siberia has expanded its scope to cover nine regions in Siberia, and it relies on Daniel F. Young Inc. for logistics support.
- "The Surface Transportation Board has virtually limitless authority to set rail merger conditions and should use it to begin reining in widespread railroad market-power abuse," said shipper lobbyist Diane Duff, executive director of the Alliance for Rail Competition. Her comments to Traffic World came as the STB began drafting its promised new rules governing railroad mergers. "Merger policy is a good place to begin comprehensive rail reform," she said. "It's time for the STB to validate the public trust and cease acting as a wholly owned subsidiary of the railroad industry."
- Supply-chain services giant Exel, created out of the merger between Exel plc and Ocean Group plc, is performing as anticipated but expects to make some acquisitions to build strength in key market areas, explained CEO John Allan. The British logistics company has published its half-yearly figures, although the financial picture is clouded by the fact that the merger is only a few months old. The merger went into effect in May, Exel was delisted as an independent enterprise the following month and Ocean completed its name change in July. The new entity has revenue of more than $5.6 billion and in excess of 55,000 employees in 1,300 locations worldwide.
- Overnite Transportation Co., Richmond, Va., the nation's sixth-largest stand-alone LTL carrier and biggest nonunion LTL carrier, reported its best 90-day financial performance in the last six years by posting $12.6 million net income on $283.4 million revenue in the second quarter. But that wasn't good enough for the Teamsters union, which called Overnite's first-half financial performance "sub-par," compared with competing LTL operations. The Teamsters are in the ninth month of their bitter unfair labor practice strike against Overnite, which has vowed to continue operations at its highest level despite the union's distraction.
- BAX Global's second quarter was so bad it sent its parent company into the red. The Pittston Co. lost $1.3 million in net income for the quarter after BAX reported a $13.5 million operating loss. BAX is struggling to rebuild its domestic network to make it less reliant on its fleet of aging aircraft and more dependent on ground transportation. While the company still offers overnight service for heavyweight freight, it's pushing its new ground-based BAXSaver service as its silver bullet. Pittston Co. and its shareholders aren't going to wait around forever for BAX's investments to pay off. Pittston has said BAX has until the end of next year to produce an acceptable rate of return, or else.
- Like the automotive, airline and other industries, the railroads are looking to create a vertical electronic marketplace that will streamline the process whereby goods and services are purchased from their suppliers. But the railroads don't plan to stop there: they envision eventually allowing their own customers - shippers - to purchase everything from pens and pencils to bottled water through their website. One-stop "cyber shopping" in the rail industry is a ways off, however; the railroads have announced only that they are past the initial stage of gauging interest in such a marketplace.
- The city of Philadelphia welcomed the 37th annual Republican National Convention with a parade of illuminated boats on the Delaware River. For port officials a parade of working dredgers might have been more inspiring. The port's ambitions to deepen the Delaware River Navigation Channel from 40 feet to 45 feet received a boost recently when the House of Representatives sanctioned initial funding for the work. But the Senate has still to give its approval and there is some way to go before the dredging project is fully funded. The Corps of Engineers estimates that the work will cost $298 million, with the federal government picking up 65 percent of the cost and local sponsors the rest.
- What is the best way to cash in on the technology gold rush? Many companies would like the answer. For Union Pacific Corp., one answer was to move some of its technology assets into a separate umbrella company, Fenix. Several companies fall under the Fenix umbrella: Omaha, Neb.-based Nexterna, which recently changed its name from AMCI, a wireless software provider; Boulder, Colo.-based PS Technologies, a work force-management software provider; and St. Louis-based Transcentric, formerly Union Pacific Technologies, a transportation and supply-chain software provider. A fourth company in the wireless and broadband network arena is in the process of being created.
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