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Shipping News
- Lines see potential in Asia-South America trade
[SINGAPORE] The lure of growing trade with South America has prompted a handful of shipping lines to operate services connecting Asia with the southern Americas.
- Free cruise offer for Virgoans
- Manila port's box volume up in first half
Air and Land Transport
- Asian airlines urged to unite to face challenges
[KUALA LUMPUR] Regional aviation leaders declared yesterday that while many airlines have soared out of Asia's financial crisis, closer solidarity was now needed to weather new hurdles which challenge the industry.
- Continental to fly NY-HK non-stop
- BA and KLM to extend talks on possible merger
- Concorde crash unlikely to affect BA
- KL may act to end long queues for taxis at international airport
- Aussie air fare war: watchdog monitoring situation closely
- ANA, Asiana discuss code-sharing
Features
- EModal harnesses Net power
OUR years ago, John Cushing was marketing manager at the port of Los Angeles when independent truck drivers, fed up with the long lines at marine terminals, crippled Southern California ports for two weeks with protest actions. To solve the problem, the ports of Los Angeles and Long Beach joined local trucking, carrier and customs brokers associations in suggesting a single point of contact for trucking companies. Though private companies were enlisted to develop such a system, it never took off. "It was too tech for the time," Mr Cushing said.
Logistics
- Asia transport sector backs landmark Sino-US trade pact
TRANSPORT firms in Asia are weighing in behind the definitive US Senate vote on bestowing permanent normal trade relations (PNTR) on China. The US Senate voted last week to proceed to debating the landmark Sino-US trade pact, putting the accord on track for expected approval in September.
- Paying cargo bills the faster, e-commerce way
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- Rhode Island plans to develop Quonset Point
A container facility is envisioned at the site of a former naval base.
- KLM raises freight rates
The hikes will range from 5-10% in Europe and Asia-Pacific markets.
- Niche carrier poised to enter the trans-Pacific
North Pacific Steamship Corp. plans a twice-weekly route between Nagoya, Japan and Everett, Wash.
- Former Circle chief Beatson leading dot-com
SupplyLinks will offer procurement and transportation for producers, retailers and distributors.
- Some what-ifs on rail merger policy
There are really only two questions to consider as policy and rules are reshaped.
- TNT opens JFK hub for U.S. customers
- KLM trims demands to keep BA merger talks alive: report
- Shanghai expanding deepwater facilities
- Investment bank boosts Norfolk Southern stake
- ShipChem.com and WorldWideTesting in alliance
- Portuguese train operators vote for strikes
- Environmentalists protest Sardinia tanker traffic
- Delta Air Logistics names Charaf
- BA reports $75 million loss, but business improving
- GoFreight.com plans online service
- British airport group is target of takeover
- China shifts its rail focus to the west
- Pakistan tax delay averts customs strike
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| AUGUST 8, 2000 |
- New computer link up at Evergreen Star Hong Kong
- Yangtze safety
- WTSA cottons on
- Mawan project
- Zhongyuan may merge with CSA
- Emirates expansion
- No cargo on Continental's new service
- Rolls-Royce wins $200m in orders
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- BA meets expectations with quarter result
- Concession KLM in talks with BA
- Bombardier acquired DaimlerChrysler Rail Systems
- Growth for Cosco Qingdao
- KLM Cargo to raise rates 5 to 10 per cent
- TMM Lines sets up Spanish sales
- Tension around Antwerp harbor companies' merger
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| AUGUST 7, 2000 |
- North Europe market outlook
- Today's bunker indications and at Augusta
- Singapore market outlook: Asian distillates values surge
- Bad timing for US refinery problems
- Indonesian refinery hit by fire amid strong Asian distillate prices
- Crude rises on fears of winter distillate shortages
- Chemoil ready to receive bunker inquiries in Singapore
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- Uganda's mv 'Kaawa' Back in Service
- Egypt to Clean Up Lakes Victoria, Kyoga
- Mombasa Records Low Imports as Business at Dar Grows
- Vandalism, Theft Worry Vehicle Importers
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- Halter reports more losses
In second quarter 2000 results announced today, Friede Goldman Halter, Inc. reported continuing losses. It also announced that John Alford, previously president and chief operating officer, is replacing J.L. Holloway as CEO.
- Kvaerner makes offer for Aker Maritime
Kvaerner ASA today announced a proposed all-share offer for Aker Maritime ASA.
- American Commercial Lines reports second-quarter results
"Our second-quarter results are disappointing, and reflect a spike in fuel prices as well as soft demand in grain export markets during the quarter," Michael Hagan, president and CEO of American Commercial Lines commented
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| AUGUST 8, 2000 |
- Rustbucket Brigo is named and shamed
THE crudely repainted name on the starboard bow instantly tells all one needs to know about the Brigo, named and shamed as the August 'rustbucket of the month' on the Paris memorandum website, writes David Osler.
- Athens drops ship age bar to bourse
PLANS to limit access to the Greek stock market to shipping companies with relatively young fleets appear to have been dumped by the government after protests by local shipowners.
- Kvaerner hits back with bid for Aker Maritime
KVAERNER yesterday counter-attacked in its battle against Kjell Inge Røkke by launching a hostile, all-paper NKr4.5bn ($505m) bid for Aker Maritime.
- Cal Dive oil price strategy propels profits up 39%
HOUSTON-based offshore support company Cal Dive posted net income of $3.7m for the second quarter of the year, up 39% on the $2.6m recorded in the same period last year, writes John McLaughlin, New York.
- Numast wins £1m for injuries at work
NUMAST'S legal department has secured compensation worth almost £1m ($1.5m) for members injured at work over the last 18 months.
- Acquisitive Jacobs faces interim loss
UK logistics group Jacobs Holdings yesterday said it expects to make an operating loss for the first six months of 2000 and that this loss may not be fully reversed in the second half of the year.
- South Africa gets tough with ships of shame
THE South African Maritime Safety Authority has toughened its stance against defective vessels through port state control inspections, although it claims the shift is not directly linked to the recent Treasure disaster.
- Northstar oil protestors in Alaska barge sit-in
SIX Greenpeace activists yesterday occupied a British Petroleum transport barge off the coast of Alaska, preventing it from being towed to the Northstar project construction site.
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- Bonded store rules tightened
- Katie awaits tugs
- GE takes stake in Rodriquez
- Greece detains 300 stowaways
- YICT buys box X-ray machine
- Aker scorns Kværner bid
- Jacobs forecasts loss
- Hellenic workers want say in sale
- Kværner offers $520M for Aker
- German pilots plan protest
- Malta seeks more time for yards
- Capespan faces port probe
- Illegal immigrant crew not guilty
- Wheat Board authority challenged
- Eight die in collision
- Rio wins North battle
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| AUGUST 8, 2000 |
- Hessenatie-Noord Natie: la détermination de fusionner subsiste
Fusionneront, fusionneront pas? Au fur et à mesure que les jours passent, le projet de mariage des deux grandes entreprises de manutention portuaire anversoises que sont Hessenatie et Noord Natie prend l'allure d'une affaire de plus en plus complexe, dont le cheminement est parsemé d'embûches. Dès l'annonce de ce projet, on savait que les actionnaires minoritaires de Noord Natie n'étaient guère enthousiastes. Puis on a laissé entendre que la fusion ne suffirait pas, que cette dernière s'accompagnerait de la recherche d'un partenaire international de grand format et spécialisé dans le secteur. Assez curieusement, on a confié à un organise bancaire qui est loin d'être familiarisé avec les activités de manutention portuaire, ING Barings, le soin de procéder à
des contacts avec des candidats étrangers potentiels en vue d'un tel partenariat, mais surtout en vue de procéder à une évaluation du nouvel ensemble. Aujourd'hui, ce sont de petits actionnaires de la Noord Natie (qui représenteraient 43% du capital) qui se sont regroupés et qui posent leurs conditions via le bureau conseil Déminor.
- Les résultats de Jacobs Holdings mis sous pression par la croissance
Jacobs Holdings, le groupe comprenant notamment Dart Line, prévoit de clôturer l'exercice en cours en perte. La direction du groupe estime que les pertes du premier semestre ne pourront être compensées durant la seconde moitié de l'année.
- Mise en service du terminal de la Noord Natie à Ventspils
Le nouveau terminal polyvalent de Ventspils, dans lequel la Noord Natie participe pour 40% ensemble avec des partenaires lettons, a été mis en service au début de ce mois. Les premiers navires à y être traités étaient l'"Aura" de 3.600 t.dw de la Latvian Shipping Company et un ferry. L'"Aura" a déchargé une trentaine de containers qui seront chargés de produits forestiers en Lettonie.
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- Shanghai To Invest $217M For Port Expansion
- Ships Collide
- Nigerian Dockworkers Strike
- Lockheed Martin, Comsat Combination Completed
- Celebrity Cruises Garners Environmental Protection Award
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