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| NOVEMBER 22, 2000 |
Shipping News
- IMO to require ships to be fitted with black boxes
[SINGAPORE] Ships will soon be required to carry airline-style "black boxes" as the first phase of mandatory regulations are set to be adopted by the International Maritime Organisation (IMO) next week in London.
- Mitsui OSK posts interim net gain of 7.6b yen
- Steep peso fall hits KepPhil Marine's profits
- FSRUs viable, says Rina
Air and Land Transport
- Lockheed, Boeing may split US$300b jet order
[EDWARDS AIR FORCE BASE, California] Defence giants Lockheed Martin Corp and Boeing Co may split a US$300 billion (S$527 billion) jet fighter contract now slated for a winner-take-all Pentagon award, officials said yesterday.
- Boeing says it beat Airbus in passenger poll
- American Airlines' worker dies after emergency landing
- Two US airlines brace for delays and union action
- Air fares for US business travellers rise US$200
- Transrapid submits Shanghai feasibility study
Features
- Economy class syndrome in buses, cars and trains
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| NOVEMBER 22, 2000 |
- UPS wins rights to six China flights
The U.S. Department of Transportation announced Tuesday afternoon that it has selected United Parcel Service as the fourth U.S. carrier entitled to serve the lucrative U.S.-China market.
- Striking truckers return to work at Montreal port
The monthlong action by container-hauling truckers at the Port of Montreal faded Monday after 250 owner-operators out of 900 original protesters voted to return.
- From flight simulators to football, these games make the grade
It's time to play and JoC's Mike Berman reviews several popular ones for holiday giving (and getting).
- FedEx Trade Networks takes a stake in NextLinx
- Ships to slow down near LA-Long Beach in bid to curb pollutions
- FedEx to ship giant Pandas to US
- IMPSA Int'l awarded Port of New Orleans gantry crane contract
- Heavy turnout expected for Dec. Customs reform meeting
- BA subsidiary attracts heavy interest
- Survey: China world's second biggest shipping nation
- Canadian Pacific boosts rates
- Shippers slam STB’s proposed rail merger rules
- Airlines may boost Indonesian cargo services as demand surges
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| NOVEMBER 22, 2000 |
- MRA's intentions clear
- All eyes on China's logistics sector
- Tide turning in Russia's favour
- HK, Korea Customs co-operation
- UK P&I Club adds second channel
- CX October traffic figures
- Vietnam Airlines' Boeing deal done and dusted
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| NOVEMBER 21, 2000 |
- Europe might ban driving trucks during weekends
- Frans Maas acquires German company
- Deutsche Post share gains on the first day
- Shippers oppose US rail merger rules
- GE with rail exchange
- Clinton with APL in Vietnam
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| NOVEMBER 22, 2000 |
- Exports to Germany move up by 10 per cent
- Cashew kernel exports soar by 50 per cent
- Sack traders seek import curbs
- More coffee exports permitted
- Dumping duty on sodium hydroxide from 5 nations mooted
- Superior farm items for global markets stressed
- MbPT Officers’ Assn welcomes Jaitley
- 200 Indo-UK ventures set to take off by March 2002
- Textile Ministry sounds MoF on excise duty cuts
- Wheat-for-oil swap deal struck with Iraq
- Foreign investors highlight India’s positive points
- Steel production in H1 increases
- Forex reserves up by $ 676 m
- Crude oil output touches 2.8 mt
- Exporters may get benefit of Libor rates for EEFC accounts
- Threshold limit for TUFS lowered to Rs 25 lakh
- Commerce Secretary spells out benefits of Indo-Lanka FTA
- Fiscal gap may exceed estimate: IEG study
- Study cites need for R&D investments in textile industry
- ITME 2000 to display latest textile tech
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| NOVEMBER 21, 2000 |
- Bunker market report from the Americas
- Singapore and Fujairah bunkers softer, avails improving
- European bunkers today: IFOs steady and MGO firm
- Brazil bunker price update
- Crude oil ticks higher as traders await API's
- Singapore company updates
- Vopak ENOC continues expansion of Fujairah storage facilities
- New company listing in Turkey
- VDR's to become mandatory on containers
- Russian price indications
- New company listing in India
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| NOVEMBER 21, 2000 |
- Geest Ireland and Norfolkline report excellent reaction to their new Irish service
- First three months set pace for another record by GPA
- London insurance market unites to back reform package
- Watch out for losses --- in Chinese
- Sabine asks MarAd for new ruling
- Maersk Sealand and P&O Nedlloyd increase Med/US rates
- CSX LINES raises rates to Alaska
- Cosco orders two bulkers
- Slow start for Deutsche Post
- Ryder forms joint venture with Tsusho
- BACM continue push for customs modernization in 2001
- Tower group opens service center in Denver
- CN: STB's new merger rules not to violate Nafta
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| NOVEMBER 21, 2000 |
- Marinette wins $84.5 million buoy tender contract
The Manitowoc Company, Inc. said yesterday that it had finalized its agreement to purchase Marinette Marine Corporation. At the same time, Manitowoc announced that Marinette had secured a contract worth $84.5 million from the U.S. Coast Guard
- J. Ray McDermott picked for BP topsides fabrication
J. Ray McDermott, S.A., a subsidiary of McDermott International, Inc. , has signed a letter of intent to fabricate the topsides for four major BP deepwater projects in the Gulf of Mexico.
- Conversion of CSO Constructor starts
Britain's Cammell Laird Tyneside has started conversion of Coflexip Stena Offshore's vessel the CSO Constructor.
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| NOVEMBER 22, 2000 |
- Cape's fruit exports change hands
- New intra-Africa network planned
- Coega: white elephant, diaphanous scam or investment in job creation?
- Motor industry stands to gain from US trade pact
- Portnet speaks out on outsourcing of diving operations
- Hawkins heads up DAL's new NVOCC agency
- US trade deal likely to be implemented this year
- Cape to benefit from California agreement
- COSATU to shut down Swazi border posts
- Local artist lands floating export contract
- Port safety tops agenda as Cape Town hosts global talk shop
- BOLERO provides electronic bill of lading option
- Port of PE enters the electronic age
- Progress on electronic signatures brings paperless BoLs closer
- Trans Kalahari stakeholders agree to simpler customs procedures
- Zimbabwe exports test repaired Maputo line
- Eikos finds new answers to perishable risk paradox
- Selling Rshlig-Grindrod
- Customs accused of sending out erroneous signals
- Airside operators win 'levy' battle
- Bureaucratic bungle cancels Zimbabwe's open skies deal
- For the record
- Hydro Air freighter service fulfils its launch promise
- Swaziland clamps down on illegal drivers licences
- Motor industry stands to gain from US trade pact
- US sources point to convergence in opposing parties' Africa policy
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| NOVEMBER 21, 2000 |
- UPS set to win China rights
- EU To Probe Postal Deal
- Samsung Signs UPS
- British Fuel Protest Fizzles
- FMCSA Goes Internet
- FedEx Adds AF to LTL Group
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| NOVEMBER 22, 2000 |
- Brattvaag hits Gulf goldmine
AKER Brattvaag, a division of Norwegian billionaire Kjell Inge Røkke's private Aker Yards group, has struck a goldmine worth NKr1.5bn ($161m), representing seven newbuildings for Aberdeen-based Gulf Offshore.
- IMO and Brussels heading on black box collision course
The International Maritime Organisation and the European Union appear headed for another confrontation, this time over ships' 'black box' voyage data recorders.
- Tanker prospects outstanding bank
Conditions in the tanker market will be "outstanding" for at least the next three years, according to a major investment bank.
- E-Loss Book finds its niche
ANOTHER time-honoured service from Lloyd's is to go electronic - but the market is keeping its hallowed quill pen sharpened and at the ready.
- Maritrans quits shuttle project
JUST three months after announcing that it was developing new shuttle tanker technology with oil major Conoco, Maritrans Inc says it is withdrawing from the project.
- Horrocks predicts reform for IACS
THE International Association of Classification Societies is facing fundamental reform and a supervisory agency according to the International Chamber of Shipping.
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| NOVEMBER 21, 2000 |
- Rosario embarks on second round
- Matson closes Pacific coast service
- Crewman dies in fall
- Insurance majors support Pipavav
- Manila order stirs new protest
- Del Monte squeezes Galveston
- White List delay worries owners
- Naples ferries to stop tomorrow
- Greek yard restructuring under way
- MSC urges action on port security
- Jack Clerici dies
- Oman starts LNG exports to Japan
- LA/LB to approve speed cuts
- China to boost river transport
- More strife for Minoan
- Indonesia to expand Bitung
- Caribbean LNG terminals in prospect
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| NOVEMBER 21, 2000 |
- OOCL: un 6e service Europe-Far East touchera vraisemblablement le port scaldien en 2001
“Un sixième loop sera lancé entre l’Europe et le Far East en 2001 et il y a une chance réelle que ce service fasse une escale directe à Anvers”. C’est ce qu’a déclaré lors d’une réception donnée vendredi dernier à la clientèle belge Eddy Rombouts, managing director de OOCL (Benelux) NV, l’agence dédiée de l’armement à Anvers, qui intervient également pour Rotterdam et dont c’est le dixième anniversaire. Au stade actuel de ce projet les discussions sont toujours en cours entre membres de Grand Alliance pour déterminer le secteur géographique que couvrira ce sixième service en Asie, soit l’Asie du sud-est/sous-continent indien, soit la Chine. De même la capacité des PC qui y seront alignés n’a pas encore
été déterminée. Pour l’instant il y a différents points de vue. Mais les chances d’Anvers sont très réelles, nous a-t-on dit.
- L’aéroport de Charleroi signerait un accord de coopération avec le Groupe GTM
A l’image de ce qu’a fait l’aéroport de Liège en mars 1999 avec Aéroports de Paris, l’aéroport de Charleroi-Bruxelles-Sud est sur le point de signer un accord de coopération avec “un grand groupe étranger”. C’est ce qu’a annoncé incidemment Serge Kubla, ministre de l’Economie de la Région wallonne, lors d’une conférence de presse à l’aéroport carolorégien. Le nom de ce groupe n’est pas sorti de sa bouche, mais il s’agirait du groupe français GTM.
- Frans Maas acquiert Kombitrans Spedition en Allemagne
Le grope néerlandais de transport routier, d’expédition et de logistique Koninklijke Frans Maas Groep va acquérir la société allemande Kombitrans Spedition GmbH à Hambourg. Cette entreprise, qui réalise un chiffre d’affaires de 8 mio. d’EUR par an avec 35 collaborateurs, sera reprise au 1er janvier 2001.
- L’UIC et la CCFE rappellent le rôle du rail dans la réduction des émissions de CO2
Alors que les “choses sérieuses” commençaient à la conférence mondiale de La Haye pour chercher des remèdes à la croissance des émissions de gaz à effet de serre, dans le prolongement de la Convention de l’ONU de 1992 et du Protocole de Kyoto de 1997 concernant une réduction de 8% de ces fameuses émissions, l’Union internationale des chemins de fer UIC et la Communauté des Chemins de fer européens CCFE rappellent qu’une des solutions réside dans le transfert de transports de la route vers le rail.
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| NOVEMBER 22, 2000 |
- Osprey Maritime shares suspended
Shares in the Singapore listed energy transportation company have been suspended pending an announcement.
- Sohmen to be next ITOPF chairman
World-Wide Shipping chairman has received the backing of his peers to head up the marine pollution advisory body.
- Klaus Olendorff orders in Germany
Shipowner Klaus Oldendorff is returning to a German shipyard after a 10-year absence to take advantage of the weak Euro.
- Ugland and Mowinckel team up on tankers
Norwegian owners Ugland Nordic Shipping and J Ludwig Mowinckel are stepping into Navion's shoes at Samsung.
- Fredriksen in buying mood again
But not tankers this time. The Norwegian shipowner is buying footballers.
- MISC and master charged over reef grounding
Malaysian International Shipping Corporation stands accused of causing environmental harm over the Bunga Teratai Satu grounding.
- Tough times for Easy Line
Crisis for Danish ferry operator as its only service is axed.
- Buoyant interims fail to lift Mitsui OSK
Japan's second largest ship operator is downbeat on prospects for the rest of the year despite healthy interim profits.
- Hot market boosts Solstad's profits
Norwegian shipowner Solstad Offshore has seen an action packed third quarter.
- Namura Shipbuilding creeps into the black
The medium-sized shipbuilder appears to have turned a corner and looks to build on early profits.
- Naikai Zosen in the money
Japanese shipbuilder Naikai Zosen Corporation has already beaten last year's full-year earnings.
- Earnings down at Kuribayashi Steamship
Japanese coastal carrier Kuribayashi Steamship Co has seen its profits fall in the first half.
- Awilco wins time-charter
Norwegian shipowner Awilco has hooked up one of its Suezmax tankers on period charter.
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