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| MARCH 2, 2001 |
Shipping News
- India's Transworld eyes bigger presence in S'pore
[SINGAPORE] Indian shipowners, the Transworld Group, is looking at stepping up its presence here barely a year after it set up a unit, Shreyas World Navigation in Singapore.
- Tanker breaks up off Spain
- Frontline back in the black with US$181m Q4 profit
Air and Land Transport
- Sale decides not to buy four Airbus superjumbos
[SINGAPORE] Singapore Aircraft Leasing Enterprise (Sale), part owned by Singapore Airlines, said it decided not to buy four Airbus Industrie A380 superjumbos estimated at US$900 million (S$1.56 billion).
- Jet Acquisitions Group's offer tops American's bid
- Rolls Royce 2000 profit forecast to rise 14%
- Work slowdown disrupts American Airlines' NY flights
Features
- Battle between S'pore, HK heats up
SHIPPING registries bring many benefits to the entities running them -- from fees to ancillary business to prestige in the world maritime community. The last has become increasingly important as rules are progressively tightened to ensure the quality of port-state control.
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| MARCH 2, 2001 |
- EU investigates Hutchison control over Rotterdam
The inquiry will enable the European Commission to examine the impact on the European container terminal market.
- Port operations back to normal in Seattle, Tacoma
The earthquake temporarily disrupted cargo-handling activities Wednesday afternoon but caused no major damage.
- Port blockade ends in Rotterdam
Fishermen blocked more than 50 ships from entering and leaving the port, but the situation was expected to return to normal by afternoon.
- Houston succeeds Stark as Vancouver port chief.
Gordon Houston will follow Norman Stark, who stepped down after a 10-year reign overseeing the port's modernization and rapid growth.
- CN, union enter mediation to avoid strike
- American operations returning to normal at JFK
- Mitsui O.S.K. assigns Panamax orders
- Elite Intl., CheMatch.com link up
- Columbia Coastal Transport moves HQ
- Cathay to add Airbus jets
- Germany to extend Deutsche Post monopoly until 2008
- British Airways to increase freight rates
- ANZDL enhances email service
- Barges increase share of Rotterdam, Antwerp container volume
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| MARCH 2, 2001 |
- Evergreen and Lloyd Triestino forge US alliance
- $12b deep water port for Shanghai by 2010
- African trade surplus with China
- New web site for logistics executives
- Inchon Ferry deploys new ship
- Earthquake shakes India's economy
- New structure at Qantas
- Descartes takes part in recent Team Canada mission to China
- Tokyo governor says Japan's front door too small
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| MARCH 1, 2001 |
- Americana and CTE launch East-West service
- Earthquake closes Seattle and Tacoma ports and airport
- Fine Air saved from bankrupcy
- US wants multimodal cargo theft databank
- Taca reduces bunker adjustment charge
- ACL profit triples
- Schenker Olympic Games forwarder of Germany
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| MARCH 2, 2001 |
- 5 per cent depreciation rate hike for shipping industry
- Inauguration of a new container service between South West Asia and Europe - Evergreen, K Line, MISC, Coscon join hands
- Contship Containerlines strengthens Far East network
- K Line, Hanjin enter into space-sharing agreements
- CP Ships’ investments yield rich dividends
- Lloyd Triestino launches 5,652-TEU containership
- A. P. Moller going big on boxships
- Cosco Pacific to buy 90,000 containers
- Evergreen, Lloyd Triestino file new US alliance pact
- Wilhelmsen AS reports 38 pc spurt in profit
- Cosco signs for three reefer container ships
- NYK, partners expand Asia runs
- UAE’s Oasis makes push into shipping
- MISC posts RM1bn net profit
- MMM, Able Shipping to enter into working alliance
- PSA’s Dalian box terminal achieves record performance under harsh weather on Evergreen vessel
- Higher container volume to result in better services
- Taiwan begins work on global port logistics centre
- Bintulu Port posts higher cargo handling
- Panama remains top in ship registrations
- Japanese yards’ orders soar 66 per cent
- Pollution control training at Port of Salalah
- New option on Durban-Port Louis route
- IMO mulling treaty to control ballast water
- EMA, AWRA to restore rates
- Kalmar Industries experiences record earnings for year 2000
- Jumbo orders Super Heavylift ships from Damen
- GeoLogistics bags Hong Kong Trade Development Council Award
- Kinfra set to launch park for exporters
- Cotton imports may hit new record of 24 lakh bales
- Cost estimate of Ennore Port increased
- TRF unit awarded ELL wharf cranes order by Tuticorin Port
- Plan outlay for transport sector hiked
- CIAe chief upset over 16 per cent excise duty on branded apparel goods
- Exporters get raw deal, feels Fieo
- Positive measures seen in Budget proposals
- EEPC Chairman welcomes Budget proposals
- IMC public meet on Budget today
- Taiwan trade mission to visit IMC on March 13, 14
- IMC signs MoU with Jetro
- Bouquets & brickbats from Exporters’ Chamber
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| MARCH 1, 2001 |
- Fog problems persist in the US Gulf
- St. Petersburg and Murmansk markets this week
- Good avails in Great Belt and Tallinn
- Congestion seen easing in Rotterdam as avails improve in Antwerp
- Softer MGO levels in Italy and Malta
- One major tight IFO in Istanbul
- Steady market in Piraeus
- Gibraltar closed due to bad weather
- Mexican bunker price update
- Spread between 180cst and 380cst narrows in Singapore
- Good avails in Hong Kong this week
- Tight avails in Japan, prices firmer
- New York and Philadelphia markets this week
- Canada East Coast: Avails resumed in Halifax
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| MARCH 2, 2001 |
- Hamburg: Containers pay «half the rent»
- Danzas: higher prices unavoidable
- The Neokemps have passed
- New Rhine-Antwerp container service
- CFNR: 2000 with new records
- VPI: no retiring from the area!
- Interoperability is approaching
- SNCF Benelux
- RailMarketplace.com
- RoMo and yield
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| MARCH 1, 2001 |
- No maritime cheer in Bush budget blueprint
A preliminary budget "blueprint" released by President George W. Bush proposes $5.1 billion for the Coast Guard, $545 million above 2001 enacted, to support operational requirements and begin rebuilding the Coast Guard’s aging fleet of ships and aircraft. Other than that, there's little for maritime interests to cheer.
- FGH and Ocean Rig continue sparring
Friede Goldman Halter, Inc. said today that it has stopped work on the Ocean Rig ASA project.
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| MARCH 1, 2001 |
- Washington port group co-sponsors 2001 Puget Sound Research Conference
- Port of Walla Walla chosen by Realtors to receive "2001 Citizen of the Year" award
- U.S. railroad freight traffic down 3.1% during week ended February 17
- Hungarian Ambassador honored by World Trade Center Tacoma
- Portland Shipping Club celebrates 22nd annual pizza party on March 8th
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| MARCH 1, 2001 |
- Rotterdam blockade ends
- SeaFrance hit by Corsica protest
- ACL cuts dividend despite boost
- Terminal operators covet Melbourne
- Improved Hvide changes name
- Rosario re-packaged
- MSC vessel blocked at Rotterdam
- Indian owners left shell-shocked
- Malta, Italy home in on illegals
- PPA chief vows to sell shares
- SembCorp on acquisition trail
- Maritime E-commerce Assoc formed
- Harms extends Elbe service
- Kristal body search continues
- Thailand to amend maritime laws
- Quake disrupts Seattle-Tacoma
- Seaway opening dates announced
- Court ruling cuts Alaska calls
- Maputo rail link deal struck
- Dutch ports blocked
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| MARCH 2, 2001 |
- Pilotage: la proposition de directive n’est guère appréciée par le secteur
La proposition de directive de la Commission européenne relative à la libéralisation des services portuaires ne semble guère au goût des professionnels du pilotage. Ainsi, les pilotes de mer français seraient décidés à mener combat en vue d’obtenir une exemption, car ils refusent toute perspective de privatisation et de commercialisation impliquant une concurrence. En mai prochain doit se tenir à Paris une réunion de l’association européenne des pilotes maritimes, qui devrait être l’occasion de rallier d’autres groupements de pilotes européens pour faire pression sur la Commission. Il ne fait pas de doute que les pilotes français trouveront un appui de premier ordre auprès de leurs collègues belges...
- “Démanteler les consortiums réduirait de 25% le coût du transport maritime”
Un démantèlement des consortiums et conférences d’armements (et des exemptions des règles de concurrence dont ils bénéficient en Europe et aux Etats-Unis) et une libéralisation du commerce (notamment par l’abrogation des monopoles en matière de services portuaires) se traduiraient par une réduction moyenne d’un tiers dans les prix du transport maritime dans les exportations vers les Etats-Unis. Les économies que réaliseraient ainsi les chargeurs, se monteraient à près de trois milliards de dollars. Telles sont les conclusions auxquelles sont parvenus les auteurs d’un rapport de la Banque mondiale intitulé “Trade in international maritime services: how much does policy matter?”.
- La liaison Nord-Sud offre des perspectives pour le transbordement dans le nord du Limbourg
Le ministre-président flamand, Patrick Dewael, a annoncé qu’il voulait provisionner 2 mia. de BEF dans le budget de 2003 pour achever la liaison Nord-Sud devant relier Eindhoven à Huy via Lommel, Hasselt et Saint-Trond. Selon Guido Vrolinckx, de la plate-forme régionale du nord du Limbourg, cette liaison accroît les possibilités de développement des activités de transbordement dans la région.
- Des pêcheurs mécontents verrouillent les ports néerlandais
Des pêcheurs néerlandais en colère ont paralysé hier les ports de Rotterdam, IJmuiden et Amsterdam en bloquant l’accès aux ports. Ils protestaient contre la lenteur des compensations financières pour l’interdiction, décrétée par l’UE, de pêcher le cabillaud dans d’importantes parties de la mer du Nord. Cette interdiction est en application pendant six semaines. Les pêcheurs affirment que le manque à gagner se chiffre certainement à 2 à 300.000 NLG par semaine. Ils veulent donc une intervention du secrétaire d’Etat à l’Agriculture et à la Pêche, Geke Faber, ce que ce dernier a toujours refusé jusqu’à présent.
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| MARCH 1, 2001 |
- Ming Wah shares leap 25%
Share price approaches level of China Merchants Holdings' (International) delisting offer.
- Corsica Ferries sails into Channel dispute
French seafarers' union says arrival of new ferry will hit local jobs.
- Fratelli Orlando wins cable ship order
Italian yard clinches Elettra order to build one of the world's largest cable ships.
- Taiwan fines Amorgos owners
Ship's owner faces penalties for delay in providing wreck removal plan.
- Eletson enjoys earnings turnaround
Greek owners Eletson Holdings Inc swings back into profit on the back of its tanker earnings.
- Ugland Nordic prepares ground for share issue
The Norwegian tanker owner's board wants the capacity to use equity to fund further acquisitions.
- Caspian Shipping Co plans newbuildings
The Azerbaijan owner wants to build a ship a year from 2002.
- LMIS to be axed
Maritime information service sinks as Lloyd's Register and Informa go separate ways.
- WBS sets demerger date
Bulk carrier operator reports loss as half its fleet prepares to sail away.
- Parent bids $117m in Ming Wah takeover
China Merchants wants to take Ming Wah Universal private as a prelude to asset-stripping.
- More ResidenSea ships mooted
Idea so good there could be nine sister vessels predicts shipowner Bryn Skaugen.
- Buyers circle Ming Wah aframaxes
China Merchants could claw in over $170m from the sale of Ming Wah Universal's tankers.
- Kristal towed out to sea
The managers and owners of the molasses tanker Kristal have expressed their regrets.
- Bergesen in Unitor deal
Top owner signs three year agreement with ship supplier.
- EC probes Rotterdam deal
In depth investigation into Hutchison move on ECT container terminal.
- Noble trebles earnings
Shares rise in the Hong Kong shipping group as profits soar.
- HK Ming Wah assets under review
China Merchants is casting eyes over its Hong Kong shipping interests as it rejigs its business.
- Quake damage to port limited
A number of terminals have been hit but cargo operations should be little affected.
- Small comfort for owners in Indian budget
The Indian National Shipowners Association is disappointed that tonnage tax plans must wait another year.
- Eidsiva records a loss
Norwegian owner hit by fleet write down and Easy Line problems.
- Rasmussen edges up Ugland Nordic holding
Norway's Rasmussen group now has negative control of the shuttle tanker owner.
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