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| MARCH 6, 2001 |
Shipping News
- Strong container volumes boost PSA profit 11.7%
PSA Corporation reported a rise in full year net profit for 2000 of $838.4 million, up 11.7 per cent over the previous year on the back of strong container terminal operations.
- Purchase of Norway's NCL behind US$29.6m loss
- EU team to probe alleged aid to South Korean shipyards
Air and Land Transport
- Air NZ hit by competition in Aussie domestic market
LATE last month, Air New Zealand reported a 97 per cent fall in profit for the six months to December.
- Qantas given huge discounts for Airbus superjumbo: report
- Discount carrier Impulse seeks A$50m injection
- Four passengers died of DVT at Vienna last year
- KLM denies making bid for BA's Go
- BAA, partners buy Aussie airports
Features
- Shedding light on jet engine business
[LONDON] BRITAIN's Rolls-Royce plc has finally shed a little light on how it makes money selling aircraft engines.
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| MARCH 6, 2001 |
- Storm threat wreaks havoc on Northeast traffic
Despite scant snowfall, dire predictions prompted airlines to cancel hundreds of flights, and forecasts that up to a foot of snow might still fall Monday night led to more cancellations.
- FedEx rolls out Post Office drop boxes
The first of a planned 10,000 drop boxes nationwide was installed in Charlotte, N.C.
- Court upholds harbor tax for foreign trade zone imports
A Federal appeals court Monday ruled that the Harbor Maintenance Tax applies to imports that enter a foreign trade zone, denying an appeal by BMW, who said that the HMT was a "customs duty" to which FTZ items are exempt until they are entered in U.S. customs territory.
- North American airports post third straight monthly cargo decline
- Port of South La. Globalplex gets first cargo vessel
- TNT launches U.S. service, one-rate letter
- United gives small package shippers miles
- DHL launches Sri Lanka apparel export service
- BNSF realigns industrial products unit
- Bi-partisan support for Title XI
- British airport operator expands in Australia
- Exel profit declined in 2000
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| MARCH 6, 2001 |
- Asia-Europe service in the pipeline
- Maersk and PSA sign memorandum of agreement
- Feeder services expanded at Bintulu container terminal
- New agency for Evergreen
- FedEx invests in Ho Chi Minh
- Cheap fuel, Johor's lure
- Mineta puts 'mega-mergers' under government spotlight
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| MARCH 5, 2001 |
- KLM bid for BA-daughter Go
- Maersk Sealand to resume Singapore service
- American ports criticize Bush budget
- BAA plc and partners acquire Australian interests
- Evergreen's new Kaohsiung terminal fully operational
- UK Post Office with Marc Andreessen company
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| MARCH 5, 2001 |
- Sluggish demand in firm Rotterdam market
- Weather cleared in Houston
- Crude oil rises on short-term supply concerns in the US
- Firmer market in Singapore
- Bunker prices for Brazilian ports
- Chevron/Texaco merger approved by EU, waiting for US
- MEES says OPEC almost certainly will cut production
- Bunkerworld comes up trumps in Digital Ship buyer survey
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| MARCH 5, 2001 |
- CN builds in Milton
- US rail sector fighting
- North Brazil service with Zeppenfeld instead of Rickmers?
- Safari changes schedule
- Delmas ro/ro service Mediterranean-West Africa
- Contship: new Mediterranean-South America
- Commission: new strategy for customs union
- New customs regulations for trade with the EFTA and Visegrad states
- Port of Sète: almost 4 million t handled
- «Grand Crû 2000» at the ports
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| MARCH 5, 2001 |
- Washington ports group updates effects of Ash Wednesday earthquake
- Puget Sound Maritime Award committee seeks nominations
- Railroads report carload volume off slightly in week ending Feb 24th
- Most Port Seattle's airport and marine terminals operating day after earthquake
- Port of Vancouver, BC names Houston new president and CEO effective March 1
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| MARCH 5, 2001 |
- Santos spill quickly contained
- Mississippi locks re-think urged
- US refiners denied strategic oil
- Noreaster pounds US East Coast
- Sumatra in clear over collision
- Indonesia lifts corn imports
- Friede shuts down Pascagoula yard
- Hong Kong hauliers lift blockade
- Explosives sink Kristal bow
- AMSA sets up space station alert
- Combi explosion kills yard worker
- Santos Brasil seeks foreign partner
- Brussels to probe SNCM's accounts
- Dieppe/Newhaven service delayed
- Janra back home for repair
- Gamborg steps down at Skuld
- PSA profits rise to the challenge
- Pledge to revive Thai canal project
- Shippers 'raw deal' on dollar rate
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| MARCH 6, 2001 |
- DFDS Transport Group signe un accord de partenariat avec SGF
Selon l’agence de presse Reuters, le groupe de transport danois DFDS Transport a conclu un accord avec le groupe italien Societa Genovese Finanziaria (SGF). Les deux partenaires commercialiseront leurs activités internationales de transport et d’expédition en étroite collaboration à l’avenir. L’accord prévoit le développement commun d’activités opérationnelles sur terre, en mer et dans les airs. Dans ce contexte, SGF se chargera plus particulièrement des activités ferroviaires et intermodales.
- PSA a affiché une hausse des bénéfices l’an dernier
La légère baisse du CA n’a pas empêché PSA Corporation Limited de réaliser l’an dernier un bénéfice d’exploitation nettement supérieur. Le CA a diminué de 3,3% à 2,46 mia. de SGD, mais le bénéfice d’exploitation a grimpé de 10,4% à 1,15 mia. de SGD. Le bénéfice net a progressé de 11,7% à 838,4 mio. de SGD. Le groupe portuaire singapourien est toujours considéré comme le candidat privilégié pour une participation majoritaire dans la future société fusionnée HesseNoord Natie. De cette façon, PSA pourrait sous peu devenir le principal manutentionnaire dans le port d’Anvers.
- Ostende accueille le premier des deux Superseacats
Le “Superseacat One”, le premier des deux nouvelles constructions qui seront alignées par Hoverspeed sur la liaison entre Ostende et Douvres, est arrivé samedi après-midi dans la cité d’Ensor. Son unité-soeur, le “Superseacat Two”, est attendue le 14 mars prochain.
- Van Gend & Loos Euro Express élargit sa gamme aux I-Services
Depuis le premier mars dernier, les clients de Van Gend & Loos Euro Express peuvent faire appel à un ensemble complet de diverses solutions high-tech articulées autour de la logistique. VG&L Euro Express veut de la sorte proposer un “outil” convivial qui accélère et facilite l’accès à une information fiable. Par ailleurs, le sytème garantit une information optimale relative à l’expédition, susceptible d’être échangée sans problèmes avec Van Gend & Loos Euro Express et aisément intégrable dans les processus d’exploitation internes.
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| MARCH 5, 2001 |
- "Slave ships" come under fire
International Commission on Shipping releases damning report on horror endured by thousands of seafarers.
- Mercenary pushes ahead with anti-piracy plan
Ex-soldier at centre of "arms to Africa" scandal plans to take on pirates.
- Norsul plans $30m coastal order
Eucalyptus will grow a new fleet for Brazilian owner.
- Brovig moves into fast ferries
Norway's CG Brovig & Partners is going up a gear, hooking up with Incat of Australia on a fast ferry deal.
- Still in business claims MaritimeDirect
Shipping website says reports of its death are exaggerated.
- Equasis use doubles
Internet database designed to attack sub-standard shipping makes an impact.
- LISCO searches for new ferry
Lithuanian Shipping Company needs a bigger ship for its Klaipeda-Stockholm route.
- China Merchants ups Ming Wah stake
Ming Wah Universal's parent is paying out to claw back its stock on the open market ahead of delisting.
- Eimskip hit by profit plunge
Icelandic shipowner reports unsatisfactory result despite fleet renewal programme.
- Thumbs up for Namura bonds
Japan Credit Rating Agency has maintained its positive assessment of the Japanese shipbuilder's bonds.
- Kra Isthmus Canal to be resurrected ?
Thailand's long held ambition to provide an alternative sea route to the Strait of Malacca has resurfaced.
- Grincor returns to profit
South African company goes from loss to profit on the back of improving shipping market.
- Lasco set to pay off loans
Latvian Shipping Co is cutting some of its debts early to raise cash for fleet renewal.
- Korea Marine profits fall
Seoul-based Korea Marine is hanging on to a 16-year unbeaten profit record.
- Nenaco still firmly in the red
The Philippines ferry operator cut its losses in 2000, but remained a long way short of profit.
- PSA Corp profits up 11.7%
Increased container volumes fuel PSA profits growth.
- Honduras gives thumbs up to floating city
The small Latin American nation is about to make a dramatic entrance into the cruise ship building industry.
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