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| JUNE 1, 2001 |
Shipping News
- Shippers' councils call for better transparency
LACK of consultation and transparency is hampering relations between ocean carriers and shippers, according to a tripartite meeting of East Asian shippers' councils.
- PSA unit to benefit from closure for G8 summit
- Hutchison in Korea deal
- NCL cancels cruise after safety check
Air and Land Transport
- Airlines told to alter A300 thrust reversers
AIRLINES must alter thrust reversers on Airbus A300 airliners to ensure they do not deploy in flight, an occurrence that could easily destroy the plane, the European aircraft manufacturer said.
- No to binding arbitration: American Air cabin crew
- China jet forced to abort take-off at HK airport
- Air China set to pick M&A advisers
- Log Book
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| MAY 31, 2001 |
- Ports chief nixes hub-and-spoke plan
The head of the U.S. delegation to the American Association of Port Authorities is opposed to the strategy to ease port congestion.
- Cho Yang files for reorganization
The carrier could be put in receivership following its filing on May 29.
- Atlas signs with Antonov operator
The deal with a Russian airline aids Atlas's bid for contract with the Pentagon, which wants to use the massive Antonov 124-100 freighter to haul the damaged U.S. spy plane back from China.
- Bonner tabbed as Customs chief
The former district judge served as the DEA chief during the first Bush administration.
- Asian shippers push for talks with carriers
- Earl Odom, Airbus VP, dies
- UPS to implement "smart tags"
- Alabama tax credit to boost ports
- Air France Cargo shows profit
- Shippers back antitrust bill
- FMC probes Fla. tug monopoly
- Holt gets $10 million loan
- China welcomes U.S. trade relations
- BNSF, CSXI offer new intermodal services
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| JUNE 1, 2001 |
- Ports of Long Beach, Los Angeles cruising in April
- Hewlett-Packard launches logistics network with Nexus
- Joint Danish-Swedish Oresund Port inaugurated
- All Nippon Airways leases three Airbus A320s
- Emery Worldwide opens new Milwaukee Logistics Centre
- Farris rises at AirNet Systems
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| MAY 31, 2001 |
- United, American, Roadway and UTi in venture
- Hyundai to restructure finance
- AMR rejects mandatory arbitration
- Lufthansa sells ground handling
- Money problems for United
- Strike at ABX
- Rotterdam still investigating Dominican Republic
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| JUNE 1, 2001 |
- Iraq rejects Indian wheat consignment yet again
- Wheat exports to Iraq suspended
- India may take Argentina to WTO over drug import ban
- Chile seeks ‘fruitful’ ventures with Indian partners
- CII, ITPO hosting trade show in Brazil
- Chennai Customs website sports new domain names
- Govt allays garment exporters’ fear of price hike
- DGFT urges CBEC to strengthen import data collection machinery
- Foodgrains target fixed at 212 mt
- Piped gas from Iran: Issue under study
- Transfer pricing rules may be relaxed
- 8-digit classification code for commodities in making
- DCA imposes 14 pc interest rate ceiling on public deposits mobilised by cos
- ADB to provide $ 5 bn in project loans
- Delay in issuing notification puts maize exporters in a fix
- NCAER projects 6.3-6.8 per cent GDP growth
- Rs 4-cr Central aid for state food parks
- Textile export quota under MEE notified
- GMR-MAHB combine to build Shamshabad airport
- Export Import Workshop certificate function on June 9
- ICO clears plan to lift coffee prices
- State appoints Bharat Shah as ‘SEO’
- FAPCCI keen on broadbasing awards
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| MAY 31, 2001 |
- US Gulf market update
- ARA region sees more demand and softer prices
- North European markets this week
- Keen selling in weak Singapore market
- Korean prices marginally softer
- More MGO expected shortly in Augusta
- UN-Iraqi sanctions dispute delayed
- Fuel oil steady in Gibraltar, distillates softer
- Crude prices softer after API shows build of reformulated gasoline
- Sluggish demand in Istanbul expected to pick up soon
- Steady market in Piraeus
- Softer levels in Hong Kong, market firm in Japan
- Prices firm in New Orleans on very tight avails
- New York and Philadelphia remain steady
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| MAY 31, 2001 |
- Port of Seattle buys buses for $1.2 million to shuttle employees at Sea-Tac airport
- Port of Bellingham signs contract to remodel north and west promenade of Blaine Harbor
- Newport News Shipbuilding wins contract to perform repairs to sealift ship USNS Gilliland
- Norwegian Ambassador will speak at Tacoma Club luncheon on June 21
- Washington and Coast Guard sign agreement for greater state-federal oil spill cooperation
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| JUNE 1, 2001 |
- Mystery propulsion fault halts ADX boxships
THE ADCL Samantha and ADCL Selina, plus two sister- ships, were lying idle in Trieste yesterday, crippled by mystery technical faults. A fifth was limping to Italy at half-speed. The 1,388...
- Møller offshoot buys Wijsmuller for $240m
AN IMPORTANT consolidation in the towage and salvage industry was sealed yesterday when Em Z Svitzer, a subsidiary of Denmark’s AP Møller group, bought Wijsmuller Groep Holding of Ijmui...
- Dragados tipped to win Livorno terminal
ONLY days before the winner is named, at least three groups believe they will take a 50%-plus stake in loss-making Terminal Darsena Toscana, the main container terminal at Italy’s Livorno. ...
- Salvage purchase catapults giant into pole position
THE AP Møller purchase of Wijsmuller, the rapidly growing Dutch towage and salvage group, catapults the Danish shipping giant into pole position in the global towage and salvage market. ...
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| MAY 31, 2001 |
- Contship to assist Rijeka box port
- TFM banned from Nuevo Leon
- Dutch eye Dominican opportunities
- Møller swallows Wijsmuller
- Grounded Capesize resists salvors
- HHI tests 'largest' engine
- Pakistan moves to adopt conventions
- Spanish port safety condemned
- Minister hints at policy review
- Marsaxlokk protests called off
- Andrew Weir wins St Helena link
- US investigates tug monopolies
- Lawyers want India mortgage reforms
- Cho Yang optimistic
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| JUNE 1, 2001 |
- L’UIRR attend beaucoup de l’apparition des nouvelles entreprises ferroviaires
La mauvaise qualité des prestations des entreprises ferroviaires, qui s’est encore dégradée en 2000 par rapport à 1999, n’a pas empêché les sociétés de transport combiné rail-route membres de l’UIRR de noter une progression de 6,9% du nombre d’envois. C’est dire combien la pression du marché est forte pour utiliser le combiné... et surtout combien la circulation sur les routes et autoroutes d’Europe devient problématique. Sans cette dégradation des prestations ferroviaire, les membres de l’UIRR auraient sans doute noté 30% de trafic en plus...
- Le port d’Anvers lance un site internet sur les produits dangereux
Comment remplir une déclaration pour les produits dangereux? Quelles cases du formulaire faut-il remplir obligatoirement? Quelle est la dénomination technique de tel produit? Sous quelles conditions un produit dangereux peut-il être entreposé dans le port d’Anvers? Vous pourrez désormais trouver la réponse à ces questions rapidement et efficacement sur le site internet entièrement dédié à ce sujet que lance aujourd’hui l’Entreprise portuaire d’Anvers.
- Panalpina ouvre son propre Cargo Center
C’est cette après-midi que Panalpina procédera à l’inauguration officielle de son Cargo Center, un magasin multifonctionnel situé au Straatsburgdok. “Nous avons opté pour une construction nouvelle entièrement conçue en fonction de nos desiderata de manière à mieux répondre aux besoins de nos clients. Soyons clair: ceci n’est pas un énième entrepôt, il s’agit d’un espace développé dans le but d’assurer des activités à haute valeur ajoutée”, nous a confié Christian Seinle, le managing director de Panalpina Anvers. Les activités de magasin du groupe étaient jusqu’à présent assurées sur un site de 12.000 m2 de Katoen Natie quai 742.
- Crosslinks devient general agent pour la capacité en pontée des transporteurs de fruits de Dole
“Nous pouvons être satisfaits des développements de notre première année d’activité”, nous a dit Axel van Baren, actionnaire et une des forces motrices de Crosslinks, lors d’une visite à Anvers. L’entreprise marseillaise, qui louait jusqu’à présent des slots pour la capacité en pontée non utilisée sur les navires reefer de Dole-La Fruitière de et vers l’Afrique occidentale, va devenir à partir de ce mois le general agent de Dole pour cette capacité, à l’exception des fruits. L’agent de Crosslinks à Anvers est Belgo-Ruys.
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| MAY 31, 2001 |
- Northrop Grumman Completes Merger with Litton Industries Inc.
- A.P. Moeller's Salvage Unit Acquires Dutch Wijsmuller Group
- Dockers Union Orders Strike After Violence Erupts at Nigerian Port
- Rolls-Royce Order Book Logs in at $21.3 Billion
- Exmar, Golar Mull Possible LNG Merger
- A.P. Moller Looks To Resume North Sea Oil Production
- Strategic Challenges LevelSeas for Top Spot In E-Brokering Arena
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| MAY 31, 2001 |
- Petrobras plans to expand fleet by 12-20
The fleet expansion plan is line with the expected growth in the Brazilian oil production.
- Eidsiva Rederi's pretax profit up 92%
Sale of two car carriers and shutdown of its ferry operations supported the profit hike.
- Russian shipping firm gets loan
Primorye Shipping is considering building a third tanker after securing a $209.8m loan for two.
- Cash-strapped Holt Group gets new working capital
The Delaware River port operator plans to come out of US Chapter 11 bankruptcy protection in summer.
- NOL tanker listing set to raise $125m plus
Details are beginning to leak out about Neptune Orient Lines's planned US listing for its tanker arm.
- Mate's conduct led to MISC ship grounding
Australia has issued a report into grounding of MISC's Bunga Teratai Satu on the Great Barrier Reef.
- DNV in overdue survey push
Scandinavian class society to name and shame vessels that delay compliance.
- Incat lays off 100 more
The latest sacking brings total number of jobs lost to 190 in two weeks, with more expected soon.
- Top brokers plan alliance
Firms meet to discuss research issues but deny move a snub to Baltic Exchange.
- Western Bulk operating arm buoyant
Norway's Western Bulk Carriers Holding is in bullish mood.
- Stranded Norway's sailing date in doubts
USCG is sceptical of NCL's 3 June target sailing date despite satisfactory progress in the repair works.
- Berg back in business
Former Nordstrom & Thulin chief Anders Berg swops shipowning for consultancy.
- Todd Shipyards doubles net income
Reimbursable expenses and insurance settlement help boost income before taxes.
- Arrow joins valuation panel
Shipbroker teams up with Chis Buckley led London panel.
- Actinor profits soar
Norway's Actinor Shipping saw its profit jump on the back of cash from ship sales.
- Frontline totals Mosvold shares
John Fredriksen's Frontline is mopping up the last Mosvold shares ahead of an 11 June meeting.
- Cho Yang files for receivership
Troubled Korean liner operator Cho Yang Shipping Co has given up the fight
- H&W loses $543m Seamasters ro-pax deal
Belfast yard proved "more expensive than other European yards" to clinch deal.
- EU and Korea fail to settle subsidies dispute
The two have failed to narrow their differences during two days of discussions in Seoul.
- Evergreen sales fall 21% in April
Taiwanese liner operator suffered unexplained drop last month.
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