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| DECEMBER 20, 2000 |
Shipping News
- World seaborne trade forecast to rise 2%
[SINGAPORE] World seaborne trade, driven by the recovery of Asia's economies and sustained import demand in the US, is expected to grow by 2 per cent in 2000 to 5.34 billion tons, according to the United Nations Conference on Trade and Development (Unctad).
- P&O to sell bulk shipping unit to Israel's Zodiac
- Empty cruise ship sinks off US
Air and Land Transport
- Airbus to give green light for superjumbo launch
[MUNICH] Airbus Industrie was to give the go-ahead yesterday for the US$10.7 billion (S$18.5 billion) development of its new A3XX giant airliner, industry sources said.
- Heathrow to invest £150m to handle A3XX
- Rolls-Royce wins US$600m engine deal from Virgin Atlantic
- US transport safety board chief Jim Hall to quit
- CAL to increase Asian flights
Features
- Playing safe with B747X
A fleet of airborne cruise ships, Boeing Co, the world's biggest planemaker, is betting its own money on a less risky, if less inspiring proposition.
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| DECEMBER 20, 2000 |
- Air cargo volumes remain steady
Despite the slowdown of the U.S. economy, carriers report healthy traffic with the peak period for express providers yet to conclude.
- Airbus launches A3XX amid US concerns
The project may lead to friction between Washington and the EU over subsidies for the $11 billion superjumbo.
- Millions more due in HMT refunds
A recent Supreme Court action means the government owes exporters up to $500 million more in Harbor Maintenance Tax refunds.
- Houston box traffic ahead by 11%
- Boeing to modify 19 FedEx freighters
- Fatal accident closes Houston Ship Channel
- China's Port of Xiamen pushes for Taiwan sailings
- Inquiry: Maintenance, corrosion caused "Erika" sinking
- P&O agrees to sell bulk unit
- Tariff hikes approved for Houston ports
- DHL targets U.S. market, puts Lupo in charge
- Hamburg container terminal breaks record
- Four carriers seek to form vessel-sharing pact between West Coast, Australia-New Zealand trade
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| DECEMBER 20, 2000 |
- Transpacific VSA filed with FMC
- CMA CGM & ANL strong in Klang
- UniFeeder adds second sailing
- BCTA holds trucking talks with Vancouver Port Authority
- MOL and TNWA call at Aden
- FedEx eyes China pie
- Groundwork laid for CCA
- Upgrade for Qantas Freight
- Frankfurt in the bag for Maersk
- Pilot service gets thumbs up
- Christmas comes early for China Eastern
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| DECEMBER 19, 2000 |
- Hapag-Lloyd and Asian carriers to become shareholder of Inttra
- DHL puts ceo in charge of US market
- Danish rail cargo in German hands
- The turnover of DSB Gods amounts to EUR 110 million.
- 13 per cent increase Hamburg terminal
- KLM Cargo costs '8 per cent down'
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| DECEMBER 20, 2000 |
- SCI signs loan deal to buy Aframax tankers
- Jordan invites industrialists to set up joint ventures
- Railways in for overhaul
- First LCL hub in South dedicated to trade
- Convert NCRs into free trade zones, urges Fieo
- Polish mission visits IMC
- Tea industry going in for value-addition, new flavours to tap niche markets
- Spinning King offers German flax-linen fibre
- Global silk demand, output on the rise, says ISA chief
- India, Austria see scope to step up trade
- NM Port breaks own record of traffic handling
- L&T consortium bags MSRDC order - Nagpur cargo hub airport feasibility study
- Ficci lists steps to propel growth
- Videocon allies with Cathay for Indian Airlines bid
- AIAI head moots more anti-dumping bodies
- Forex reserves near record $ 40-bn mark
- Chirayu Amin is new Ficci chief
- RBI staff to join bank strike tomorrow
- Pune to have biotech park soon
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| DECEMBER 19, 2000 |
- Crude oil corrects lower as US heating oil concerns ease - OPEC getting nervous
- Mexican bunker prices
- Italian bunker prices
- Brazil bunkers steady
- Norway: Environmental concerns after stricken vessel leaks fuel oil
- Montevideo/Alpha Zone market update
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| DECEMBER 20, 2000 |
- Luxus cash boost for Cammell ships
Cruise industry newcomer Luxus Holdings has cleared the first of two hurdles in its £350m ($501m) bid to build two new luxury cruiseships at the Cammell Laird yard in Birkenhead.
- Owner ordered to move tragic Lagik from blocked river Nene
THE UK secretary of state's representative for marine salvage and intervention, Robin Middleton, has served a directive on the owner of the coaster Lagik which now blocks the River Nene in East Anglia.
- P&O Nedlloyd 'clears the decks' for a listing
PREPARATIONS for a listing of P&O Nedlloyd have cleared an important hurdle.
- Underwriting losses hit insurers
THE first year of the new millennium is not working out quite as hoped for the US property/casualty insurance industry, with new figures from the Insurance Information Institute revealing a 5% drop in net income in the first nine months of the year, to $16.5bn from $17.4bn in the same 1999 period.
- Bulker safety pact hope
An agreement on maritime safety, expected to be concluded between EU transport ministers when they meet today and tomorrow, include measures for the prevention of accidents to bulk carrying vessels, diplomats said yesterday.
- Princess postpones cruiseship
P&O Princess Cruises has negotiated with France's Chantiers de l'Atlantique an extension of an option for construction of the third of a series of 1,000 cabin cruiseships, the first two of which are already under construction at the yard.
- Trasmed targets Spain with new cruise venture
SPANISH Cruise Lines, a new Spain-based cruise operator, will start its cruising season on April 23 next year with a first weekly trip on the western Mediterranean.
- P&O Irish Sea ferry on way from Japan
P&O Irish Sea's latest conventional fast ferry the 24,800 tonne European Ambassador, has started her 10,800 mile delivery voyage from Japan to Liverpool under the command of P&O Irish Sea master Neil Spencer.
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| DECEMBER 19, 2000 |
- Copenhagen-Malmö merger launched
- Worried workers disrupt Rosario
- Boskalis dodging Brazil tax claim
- 'Illegal' ferry service starts
- Big Red Boat stand-off continues
- Piracy police win praise
- Malta cruise terminal delayed
- Iron in the fire for Port Hedland
- Wallaroo 'failed to assess risk'
- New South Korea-China ferry link
- Sovereign's problem eludes RCI
- Long Beach OKs Carnival terminal
- Danish owners in US court 'no show'
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| DECEMBER 19, 2000 |
- Mise en service du transporteur de produits chimiques “Thysstad”
Le batelier Amedée Somers, le fils du propiétaire de navires, s’attend à pouvoir assurer un premier trajet commercial avec le pétrolier à double coque “Thysstad” en fin de semaine. La dernière acquisition de l’entrepreneur fluvial anversois Hubert Somers doit au préalable mener le programme d’essai à bon terme.
- Finnlines et Transfennica poursuivront leurs activités séparément
On croyait l’affaire pratiquement réglée, or l’autorité finlandaise chargée de la concurrence en a décidé autrement. En effet, les conditions que cette dernière a imposées à Finnlines pour la reprise de l’armement Transfennica sont telles qu’elles ne pouvaient être acceptées. Les deux entreprises poursuivront donc leur route séparément, ce qui peut laisser supposer que d’un côté comme de l’autre certaines adaptations pourraient intervenir sur le plan opérationnel.
- La France veut conclure sa présidence de l’UE avec un accord sur le paquet “Erika I”
Les ministres du Transport des quinze Etats membres de l’Union européenne tâcheront lors de la réunion des 20 et 21 décembre prochains d’arriver à un accord sur la première partie dudit paquet “Erika I”, qui contient des mesures pour améliorer la sécurité maritime. La directive sur les bureaux de classification (chargés de l’inspection des navires), ainsi que celle concernant les contrôles par l’Etat du port (port state control) devront être revues. L’ordonnance en ce qui concerne les pétroliers à double coque fera également à nouveau l’objet des discussions.
- Une entreprise suisse acquiert 65% du bulgare Despred
Les autorités bulgares ont vendu leur participation de 65% dans la plus grande entreprise d’expédition du pays, Despred, à l’entreprise suisse Spedicom, a déclaré le ministre des Transports, Slavinski, à un journal bulgare. Cette société serait implantée à Zurich, mais personne n’a jamais entendu parler d’elle. Despred se retranche dans le silence.
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| DECEMBER 19, 2000 |
- Spain Creates Joint European Company
- Kvaerner, Saipem Sign $28M Deal
- SCA Keeps Transit Fees Fixed
- Houston Ship Channel Reopens Vessel Traffic
- Sovereign Of The Seas Docks In Fort Lauderdale After Partial Power Loss
- Hvide to Trade on Nasdaq Beginning January 2
- Coast Guard Issues Mississippi River Safety Advisory
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| DECEMBER 19, 2000 |
- IPC boss quits
Sales speculation over Osprey Maritime's product carriers is causing a shake-up at International Product Carriers.
- Hvide set for Nasdaq listing
The Florida based tanker operator is to begin trading on the Nasdaq market early in the new year.
- Motortramp to go private
The company that controls a key stake in Danish bulk carrier and tanker owner Norden is leaving the Copenhagen stock exchange.
- UK detains 12 ships in November
Two Panamanian vessels have clocked up 101 deficiencies between them in UK port state inspections.
- Crewman dies in Houston Ship Channel collision
One man died and four were injured in an incident which closed the Houston Ship Channel for two hours.
- Aframax rates hit WS 300
A pre-holiday rush has bumped up Aframax tanker rates to another milestone figure.
- ITF hangs fire on Big Red Boat II arrest
Big Red Boat II is holding off port while talks continue over $400,000 in wages claims.
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