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| AUGUST 2, 2001 |
Shipping News
- PSA's Guangzhou venture faces threat from nearby port
PLANS to develop a new deep water container port at the mouth of the Pearl River Delta in Nansha could pose a threat to PSA Corporation's just announced joint venture development of the nearby Guangzhou Container Terminal.
- RCL starts new service between S'pore, Guangzhou
- UK P&I Club in good shape due to drop in claims
- Sri Lanka detains fishing boat with 54 illegal immigrants
Air and Land Transport
- Boeing flies with tail wind in China after Sino-US thaw
BOEING Co, the world's biggest aircraft maker, may be among the first American companies to benefit from thawing US-China relations as Beijing prepares to ease its block on big-ticket purchases.
- SIA starts thrice-weekly service to Chicago
- Delta Air adds four more jets to its business charter fleet
- Qantas to sell 15 Boeings to make way for new planes
- Korean Air adds more flights to China
- Foreign carriers seek more cargo traffic at KLIA
Logistics
- Emery sees Asia-Pacific as engine of growth
AIR and ocean freight Emery Worldwide will continue to invest in Asia-Pacific despite the current economic downturn as the region is expected to be a key driver for future growth.
- More global chemical firms outsourcing logistics ops
- Hong Kong's Dragonair joins e-logistics system
Features
- Danger of Ships of Shame still lurks in Australasia
AUSTRALIA'S Maritime Union claims the Australasian region is as vulnerable as ever to the potential environmental and human tragedy posed by substandard ships as the gap between responsible and irresponsible shipowners becomes wider.
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| AUGUST 1, 2001 |
- Maersk Logistics to take control of DSL
The A.P. Moller subsidiary has signed a letter of intent to buy "certain activities and certain assets" of Distribution Services Ltd., including all transload operations. Other operations, including warehouse services, ocean transport intermediary activities and DSL's consolidation business are still being discussed.
- Grimaldi acquires more ACL stock
Several senior executives at Atlantic Container Line or family members have agreed to sell their stock in the company to Grimaldi Group.
- US Chamber to study ports, other infrastructure
The study will examine the projected growth in international trade and its impact on port capacity and related transportation infrastructure.
- Marad accepting applications for VISA program
- Warren Buffett-led company buys XTRA
- All Nippon Airways orders its first freighter
- US ports must heed Asia's manufacturing shifts
- US air freight drops in June
- FMC seeks comments on electronic signatures
- CP Ships sets dividend, announces board members
- Evergreen to begin Port Everglades service
- Lakes-Seaway traffic growing - but not enough
- Restructuring charges push Atlas into the red
- TACA sets repositioning charge
- Maersk Air chairman resigns
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| AUGUST 2, 2001 |
- New Cosco vessel kicks off first voyage in Shanghai
- Charleston opens Wando
- Kuehne & Nagel achieves strong first half-year result
- Lykes Lines cuts US Gulf-North Europe transit times
- New Cosco vessel kicks off first voyage in Shanghai
- U-Freight opens in Jakarta
- ANA to introduce its first Boeing 767 freighter
- Alitalia to join SkyTeam
- Pearl River Delta airports pledge co-operation
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| AUGUST 1, 2001 |
- Rotterdam claims depot for nuclear goods
- More container ships for Yang Ming
- UK government wants workplace transport software
- ForwarderLogic becomes AESDirect WebLink
- Mixed feelings about FMC Corporation results
- Internatio-Müller gains million order
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| AUGUST 2, 2001 |
- NSCSA makes $ 31 m net profit in first half
- Russian ports’ turnover up in January-June 2001
- Port of Tanjung Pelepas takes delivery of six more rubber-tyred gantry cranes
- Cosco boosts cargo volumes
- ECT Delta Terminal joins ‘Millionaire Club’
- Uniglory call sets Bintulu port on way to becoming transhipment hub
- Singapore to slash port dues by 20 per cent
- London P&I Club reveals assets
- Ship exchange goes online
- Liner symposium to be held in Hamburg
- P&O proceeds with Port Newark project
- Japan ship exports up 69 pc
- Hanjin defies transpacific downturn - Crosses 1-m TEUs in H1
- CSX World Terminals to operate new Pusan terminal
- Top honours for APL’s ‘Boomerang Box’ Educational Programme
- APL expands to new Ho Chi Minh City office
- Grimaldi Naples launches Grande Italia
- Americas’ East Coast services to be restructured
- Hyundai Heavy wins LNG orders
- Northport’s traffic volume soars in first half
- Singapore maritime event to be biggest
- COSCO Pacific, MISC to pick up stake in OOCL CargoSmart portal
- PSA, Samsung launch construction of Incheon Container Terminal
- Kuehne & Nagel selects Inttra portal
- CII seminar on exports to China today
- SEZs’ growth in China comes in for praise
- Customs’ ICENET computer network may be in operation next month
- Apeda plans pineapple export zone in W. Bengal
- Dumping duty slapped on caffeine, theophylline imports from EU
- TPT chief makes out case for port development fund
- Tuticorin Port sets record in coal handling
- AP govt to speed up work on Gangavaram port
- Kandla Port plans to buy 5 cranes
- Concor’s special rate for moving empty containers - NGSM to ICD-Nagpur
- TN small units seek low-cost, effective credit delivery system
- Govt gives in-principle clearance for on-line multi-commodity bourse
- Jute packaging order extended
- Government announces sanitary norms for import of perishables
- Punjab scraps grains, fruit procurement taxes on processors
- Dairy strategies to be formulated
- Norms for availing of Market Access Initiative announced
- Trade Queries Answered
- Agri Intex 2001 begins
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| AUGUST 2, 2001 |
- Hoyer Railserv GmbH adds Lübeck service
- CNC between Le Havre and Lille
- «Weight-in-motion» systems in the Netherlands
- New rail route in Kazakhstan planned
- More reefer trucks for ACR
- Namibia subsidizes Air Namibia
- Mainly rain, with short periods of sunshine
- Promotional discounts on the Mosel
- Johnstown: New slab car for steel
- UP opens auto distribution facility
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| AUGUST 1, 2001 |
- Vancouver Port Authority sees tonnage drop during first six months of this year
- APL expanding Ho Chi Minh City office in anticipation of US trade deal with Vietnam
- Matson adds update booking function to Internet virtual support center
- Semi-finished, rod and rolled steel import gains push June 2001 figures up slightly over May
- Washington governor leading trade team to promote state in Japan and Korea
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| AUGUST 2, 2001 |
- NOL’s Jacobs sees end to rate slump
NEPTUNE Orient Lines, chief executive Flemming Jacobs, believes that container freight rates have stabilised after falling for nine months. "Rates have come under considerable pressure...
- High Court gives go-ahead for sale of Ocean Glory 1
THE High Court in London has granted an order of sale for the cruiseship Ocean Glory I following her arrest on July 11 by British tour operator Festive Holidays for wrongful termination of a charte...
- Charter rates
CONTAINERSHIP charter rates are falling fast, with two key indicators published yesterday, see left, showing a marked decline. Clarkson Research Studies, which tracks the performance of 1,70...
- Clean-up bill adds to Nomadic’s woes
LOSS-MAKING Norwegian reefer major Nomadic Shipping is facing further woes, with the prospect of a multi-million dollar bill for a pollution clean-up and wreck removal operation. Nomadic ves...
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| AUGUST 1, 2001 |
- Lifeboat tows ro-ro to safety
- US considers Liberia fund sanctions
- Fairplay’s Washington watch
- Santos dredging to restart
- Oil fraud halts barge deliveries
- Hearse breaches security measures
- Manila has port contingency plans
- Malaysia Mining still keen on PTP
- China rules on ferry companies
- Colombo crippled by dockers' strike
- Salvage operations hits Davao
- Korean shipbuilding evolves
- Kværner in no rush to sell yards
- CMR wins six months’ grace
- Glory ‘was only unauthorised ISM’
- Auckland wins Maersk Sealand bid
- TACA to impose repositioning charge
- Singapore plans safer passages
- US steps up Dominican surveillance
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| AUGUST 2, 2001 |
- AP Møller autorisé à reprendre Wijsmuller
Dans le cadre d’un de nos récents éditoriaux, nous avions fait allusion à la tendance aux concentrations qui se manifeste dans le secteur du remorquage, notamment à l’initiative de grands opérateurs logistiques, comme par exemple des exploitants de chaînes de terminaux à containers (PSA) ou de mega-carriers comme Mærsk Sealand. Ladite tendance s’accentue. En effet, la commission néerlandaise chargée de la concurrence vient de donner le feu vert au groupe AP Møller, dont dépend Mærsk Sealand, pour la reprise via sa filiale Em Z Svitzer de l’entreprise de remorquage néerlandaise Wijsmuller. Aucune objection donc.
- TDG acquiert IWT et devient le N°3 en Irlande
Le groupe britannique de transport routier et de logistique TDG a acquis la société IWT Worldwide en Irlande. Il devient ainsi un des trois premiers du secteur en Irlande. Cette acquisition cadre dans la stratégie de croissance hors-UK du groupe. Sur le Continent, les acquisitions de La Flèche du Nord en France et de Transportcentrale Gelderland (TCG) en début d’année ont donné les résultats escomptés. Les deux sociétés ont contribué aux très bons résultats enregistrés au premier semestre. Pour l’ensemble de l’année, les perspectives du groupe sont qualifiées de bonnes, malgré le défi que représente le ralentissement de l’économie européenne.
- Jacobs met en œuvre une stratégie de consolidation
Le groupe britannique Jacobs Holdings, qui a entre autres des intérêts dans le transport automobile et la navigation maritime (Dart Line et Thames Europort), a vu régresser son chiffre d’affaires de 1%, soit de 66,2 à 65,7 millions de GBP (à périmètre égal) au premier semestre. Mais le groupe a pu présenter pour la période en question un faible bénéfice avant impôts de 0,25 mio. de GBP, contre une perte de 3,09 mio. de GBP l’an dernier. “Le premier semestre a été une période de consolidation pour le groupe, suite au retrait du secteur logistique l’an dernier. Nous croyons dans une nouvelle croissance maintenant que nous pouvons nous concentrer sur les activités de base du groupe”, a déclaré le président Wilfrid Newton.
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| AUGUST 1, 2001 |
- OMI's net income skyrockets by 325%
The bullish financial results reflect continued strong rates for product carriers.
- New Incheon container terminal ready in 2003
Construction of the third container-only pier at the terminal would be completed in 2009.
- Disney Cruise gets off the hook
The cruise operator defended successfully against a lawsuit filed by an advocacy group for the disabled.
- NTSB issues safety warning to cruise operators
The safety recommendation was a result of the investigation on the fire onboard Nieuw Amsterdam.
- Fitch affirms Kirby's debt ratings
Financial status and cash flow of the Houston tank barge operator show stability.
- Evergreen goes to Port Everglades
The Taiwanese cargo shipper has leased space at the Florida port's new common-user cargo terminal.
- Vancouver port sees slower cargo traffic
Container traffic dropped by 6% to 557,923-teus in January-June.
- Todd Shipyards buys back shares
A total of 4,136,334 shares has been tendered under a dutch auction mechanism at $8.25 per share.
- Scrap sales down on last year
The predicted rush of large tanker tonnage to the breakers' beaches has not happened - yet.
- GMV set to list tanker company
Malaysian shipping fund Global Maritime Ventures is preparing to take some of its tanker interests public.
- Lines team up for African push
Three containership owners are launching a new weekly service from South-east Asia to South and West Africa.
- China Shipbuilding workers to learn their fate
The Taiwanese cabinet is expected to announce massive job cuts at the state-owned yard.
- Fredriksen man put in at Osprey
Peter Costalas' exit from Osprey has prompted John Fredriksen to put in his own man.
- Jacobs pulls out of the mire
The UK shipping and property group has survived last year's losses to post a small interim profit.
- Fredriksen in holiday hell
Something more than fishy was in Norway's Nausta River this summer, as John Fredriksen found out.
- Daewoo looks to quit debt workout early
Korean yard believes it has done enough to normalise operations and terminate debt-rescheduling process.
- Boulis estate wins control of SunCruz empire
US bankruptcy judge ends recriminations with award to estate control of gunned down floating casino bosses' empire.
- MPA launches bunkering dot.com service
Singapore's Maritime and Port Authority is adding a new bunkering service to its online portal.
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