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| MAY 3, 2001 |
Shipping News
- S'pore, Indon navies step up patrols of piracy hot spots
THE Singapore and Indonesia Navies have intensified patrols in territorial and international waters in response to piracy movement fears.
- IMO settles issue of earlier phase out of single hull tankers
- Concordia to use V-Max design for other tanker types
- Bureau Veritas 2000 profit soars 47.5%
Air and Land Transport
- Ansett set to fight with Qantas over Impulse
AIR New Zealand Ltd's Ansett unit said it may compete with Qantas Airways Ltd to buy unprofitable Impulse Airlines, one of two discount carriers that sparked a price war last year in Australia.
- Boeing chief hits out at Seattle business climate
- Japanese domestic air travel down
- Boeing wins US$1b order for freighter jets
- THAI board appointments stir protest
Features
- Expansion plans stir up controversy
FOR some, it is about getting a good night's sleep, for others it is about expanding a business that fuels local prosperity.
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| MAY 3, 2001 |
- Lines fail to get eastbound rate hikes
Potential overcapacity and the U.S. economic slowdown prevented container lines in the trans-Pacific trade from realizing rate increase goals they announced last fall.
- U.S. air cargo volume falls in March
The slowdown in the economy continued to take its toll as volume dropped 4% in March, according to the Air Transport Association.
- i2 founder steps aside
Sanjiv Sidhu will cede the post of chief executive officer to i2 president Greg Brady.
- Buying spree boosts Deutsche Post
The Germany company said profits jumped nearly 50% in 2000, fueled by global acquisitons.
- Houston cargo off in 1Q
- Logistics services firm gets Fritz investment
- EU blasts Korean shipyards
- UPS Capital moves into Europe
- Ports in a storm
- TMM revenue edges up
- WTO rejects US appeal in lamb dispute
- Grain piles up as barges wait out Mississippi floods
- Killer bees destroyed at Jacksonville port
- Former U.S. ambassador joins CN board
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| MAY 3, 2001 |
- CMA CGM upgrades FAL with 8 new boxships
- China Shipping to develop terminal wharves
- Senari no go
- CMST Huayu building Sino-European express channel
- Atlas Air invests in new UK cargo airline
- MTMC launches new pilot programme
- Private Indonesian airline starts internal flights
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| MAY 2, 2001 |
- Logistic infrastructure for Indonesia
- PSA Corp takes majority in Hesse Noord Natie
- Piracy increases
- Ethiopian Cargo to Amsterdam Schiphol
- Evergreen profits up
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| MAY 3, 2001 |
- Full Conference Program - Indian Shipping Industry
- SCI profit soars by 186 pc to Rs 578.59 cr in 2000-01 - Buoyant shipping market aids splendid performance
- Contship Containerlines enters new trades with upgrade of Ocean Star Service
- Contship joins Med Pac Conference as Med-USWC service improves
- Maersk, three others in tanker pool
- HK forecast: 30m TEU by 2010
- Inttra, GT Nexus eye co-operation
- MOL looks to establish green credentials
- P&O optimistic about traffic
- Lykes Lines appoints Mike Renard GM for Africa
- Freight rate increase for Far East-Chittagong cargo
- China Shipping opens Houston agency
- Seamen’s Church Instt. opens vessel simulator
- OOCL doubles up at Samsung
- Evergreen weighs Xiamen stake
- Many eager to operate $ 270-m port terminal
- Hyundai Heavy launches V-Max VLCC
- Hamburg - Le Havre range ports grow
- Shipbuilding alliance likely
- CMA-CGM profit surges by 98 pc
- Cosco sets up outpost in Moscow
- OTAL chief heads Ghana shipowners body
- NYK to place order for 3 capesize vessels
- ...profit set to boom
- Good show by CMB in first quarter
- Dumping duty on NBR import extended
- Basmati exports top 4 lakh t.
- Cochin Shipyard to set up marine workshops at Major Ports
- Parliamentary panel sees no need for TAMP
- TAMP clears CPT’s plan for higher tariffs
- CWC’s inland container depot at Rajkot opened
- Exports surpass target; log 20 pc growth
- Transfer pricing provisions in for review
- Inflation rate up
- CII seeks level field for suppliers to ONGC, OIL
- Forex reserves rise by $ 43 m
- 16 per cent excise duty on unbranded garments notified
- Hanoi international fair chief invites Indian participation
- G-7 upbeat on growth prospects
- G-24 seeks easier access to developed nations’ markets
- Entrepreneur programme
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| MAY 2, 2001 |
- Praxis announces opening of US branch
- Active market in St Eustatius
- Improved avails in many West African markets
- Business as usual in Chile and Ecuador
- OK avails in East African ports
- Market firming in Panama
- Brazil bunker price update
- Durban avails good despite refinery shut-down, mixed reports from Maputo
- Mixed demand in Fujairah, avails OK
- Suez market active, operations back to normal
- New posted prices for Saudi Arabia
- Crude softens on solid build in US crude and gasoline stocks
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| MAY 3, 2001 |
- Container weights?!
- P&O North Sea Ferries
- TMI
- AssetXS introduces Innofleet
- Nato pipelines once again
- Rotterdam port congress
- Mixed trends for Eurotunnel
- It has been put in words!
- Fercam
- New Schengen members
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| MAY 2, 2001 |
- Bender seeks control of Tampa Bay Shipbuilding
If the Tampa Port Authority blesses the deal, Mobile, Ala.-based Bender Shipbuilding & Repair Co. Inc. will take control of Tampa Bay Shipbuilding & Repair Co. later this month.
- Tim Colton opens new maritime consultancy
Tim Colton, formerly president of international shipbuilding consultants Colton & Company, has returned to the consultancy biz after three years with Halter Marine.
- Ocean Rig private placement oversubscribed
Ocean Rig SA, whose Bingo rig contract with Friede Goldman Halter has been a large part of that company's problems, seems to have little trouble in raising money.
- Big FPSO contract for ABS
ABS has been selected as the preferred classification society for one of the world’s largest FPSO (floating production storage and offloading) projects
- EC says Korean shipbuilders still pricing below cost
Korean shipyards are still distorting the international market by pricing ships below cost, according the European Commission's fourth report on the situation in world shipbuilding
- Litton Ingalls gets $196.5 million LHD 8 contract
The U.S. Navy has awarded an additional $196.5 million to Litton Ingalls Shipbuilding, a subsidiary of Northrop Grumman Corporation, for the continuation of work towards the construction of an eighth WASP (LHD 1) Class large-deck, multipurpose, amphibious assault ship.
- NTSB releases Ecstasy fire findings
The National Transportation Safety Board yesterday issued a preliminary report on the July 1998 fire on the Carnival cruise ship Ecstasy
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| MAY 2, 2001 |
- Bob Walsh resigns as president of the Port of Portland Commission
- Port of Seattle plans to spend $1.6 million to improve Sea-Tac ground transportation
- Washington Governor Locke breaks ground for project to relieve congestion on State Route 519
- Former governor, Bill Sheffield, candidate for Port of Anchorage executive director position
- Port of Bellingham partners with yacht club on May 5 to celebrate grand opening of Marina Square
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| MAY 3, 2001 |
- Mozambique Current Never Existed, After All!
- Kenya Navy Returns Triumphant from India
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| MAY 3, 2001 |
- Fraud squad swoops on Curnow Ship Management
West Country shipmanager Curnow Ship Management, which operates the St Helena passenger and cargoship service to South Africa and the South Atlantic islands, is being investigated by the...
- WTO complaint looms for Korea after Brussels finds ‘cause for concern’
THE European Commission’s latest study of South Korean shipyard prices has done little to stave off a complaint to the World Trade Organisation against South Korea because of alleged unfair s...
- Glencore Iraq oil row ensnares Frontline
FRONTLINE appears to have been caught up in a row involving the United Nations, the US, the UK and France over the diversion of Iraqi crude by Swiss-based commodities trader Glencore International....
- ShippingBabes feels heat from Howard Houlder
SHIPPINGBABES.COM, the satirical website run from New York by Johnny Kulukundis, has been forced to shut down its gossip page after the threat of legal action from a London shipbroker. The...
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| MAY 2, 2001 |
- Panama Canal raises port launch fee
- Cuba adds passenger terminals
- Perception drives Gulf cruising
- Call for bulker casualty transparency
- Transhipments jump at Korean ports
- Fraud squad raids Curnow Shipping
- Indonesian waters top piracy league
- Bad start for diesel delivery
- Sinotrans set to name lead banks
- Melbourne to study dredging plans
- Philippines may hand over hijackers
- Cho Yang focuses on Pacific
- Greater barrier reef
- Peter Deilmann breaks into Italy
- P&O NSF inaugurates Hull terminal
- Call for improved safety on cruisers
- NZ wins US lamb appeal
- New Normandy-Jersey links planned
- Hit-and-run in Piraeus roads
- ISF fears for ILO reform
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| MAY 3, 2001 |
- Deutsche Post prévoit une hausse sensible des résultats en 2001
Deutsche Post a confirmé hier mercredi avoir réalisé en 2000 une hausse de 49% de son bénéfice net, qui a atteint 1,53 mio. dEUR, sur un chiffre daffaires en hausse de 46% à 32,7 mia. dEUR. pour le premier trimestre, DP dit avoir poursuivi sur sa lancée au premier semestre, tant le chiffre daffaires que les bénéfices étant en hausse. Par ailleurs, il semble se confirmer que le gouvernement allemand vendra un nouveau paquet dactions en 2002, devenant ainsi actionnaire minoritaire.
- Stef-TFE a dégagé un résultat 2000 préservé
Le groupe Stef-TFE a connu en 2000 une progression de 7,9 % de son chiffre daffaires consolidé, dans un environnement perturbé. Cest ce qua annoncé le président de limportant transporteur frigorifique français, Francis Lemor, à lissue du conseil dadministration de la semaine passée. Les résultats seront présentés aux actionnaires le 13 juin.
- HesseNoord Natie: deux étapes sur trois franchies dans le processus de reprise par PSA
Le 8 mars dernier, les actionnaires de la Noord Natie, de la Hessenatie (groupe CMB) et PSA Corp signaient une lettre dintention portant sur une prise de participation majoritaire de lentité à fusionner HesseNoord Natie, participation se situant entre 75 et 80%. On sait que PSA sengageait à détenir au moins 51%.Lundi dernier, comme initialement prévu, les trois parties se sont retrouvées pour signer lacte de vente, mais limportance exacte de la part de PSA nest toujours pas définie. En fait, il sagit de la deuxième étape du processus de reprise, une troisième devant la rendre effective dans les faits, ce qui ninterviendrait quaprès le 1er juin prochain.
- Brême intègre la gestion portuaire dans une nouvelle entité
Brême a décidé de confier la gestion de ses ports à une nouvelle entité. Cette Bremen Ports Management + Services GmbH reprendra les activités de lactuelle administration portuaire de Brême et de Bremerhaven, à lexception des services du capitaine du port et un certain nombre dautres opérations, qui restent de la compétence du sénateur pour lEconomie et le Port.
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| MAY 2, 2001 |
Maritime Contract News
- Safety Investigatiors Cite Cause of 1998 Carnival Ecstasy Fire
Breaking News
- Kvaerner Masa-Yards Elects New Executives
- Hyundai Heavy Industries Awards Contract To Wynn
- French Port Authorities Ponder Mysterious Vessel
- Safety Investigatiors Cite Cause of 1998 Carnival Ecstasy Fire
- Petrobras CEO Defends Company's Honor
- Litton Ingalls Lands $196.5 Million Naval Contract
- Supertanker Freight Rates Back on Track
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| MAY 2, 2001 |
- Maritrans posts income turnaround
Cost control and strong rates rescue the Florida tanker owner from the red.
- US Coast Guard tightens ship reporting
Charterters may be identified in new Notice of Arrival forms for vessels entering the US.
- Anangel-American sells four vessels
Net book value for the deal is $91.9m versus $97.5m valued by the brokers.
- Babes bashed for gossip
ShippingBabes Johnny K has been hit with a legal threat for something he did not write.
- Serious Fraud Office raids Curnow Shipping
Police are investigating the UK company running shipping to the remote island of St Helena.
- EU launches fresh blast on Korean yard pricing
European Commissioners have issued their fourth report on the situation in world shipbuilding.
- Intercargo urges accident probe focus
The dry cargo shipowners' association has called for greater transparency on casualties.
- Valles eyes products trades
Tanker owner Valles Steamship has beefed up its aframax newbuilding book again, but is looking at other sectors.
- Sanko takes aframax newbuilding plunge
Japanese owner Sanko Kisen has hit the tanker newbuilding trail on the back of time-charter business.
- Norwegian owner goes for OBOs
Kristian Gerhard Jebsen Skipsrederi is converting orders for two suezmaxes to combination carriers.
- WG&A profits turn to loss
Philippines shipowner reverses fortunes in 2000.
- NTSB issue Ecstasy fire findings
US federal safety agency has highlighted safety improvements in response to the 1998 cruise ship fire.
- Seacor Smit doubles first quarter profits
Growing day rates boost figures at Houston-based offshore vessel operator.
- MMM sees modest growth in turnover
Malaysian Merchant Marine sees interim turnover up 4% as figures show little change from 12 months ago.
- Ship fire brought under control in India
Port authorities at Vizag have extinguished an engine room blaze aboard a chemical tanker.
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