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| AUGUST 6, 2001 |
Shipping News
- Shanghai sets up firm to raise logistics capability
IN a bid to improve often poor supply chain management, China's main port and commercial capital established a joint-venture logistics firm backed by the Shanghai municipal government and nine local companies.
- Great Barrier Reef gets safety, pollution boost
- Three big players form handysize pool
- Shipowners slam ITF campaign against Liberian register
- Isma backs IACS chief's comments
- Call to implement STCW convention
- Changes in the air for cement shipping trade, says OSC
Air and Land Transport
- EU wants higher payments for bumped air passengers
EUROPEAN Commission transport policy chief Francois Lamoureux would have discussed air passenger rights with Swedish ministers last July - if his flight to Stockholm had not been delayed.
- Continental says AA-BA alliance anti-competitive
- SAS deputy CEO quits over Maersk pact fine
- Anti-trust suit against airlines dismissed
- Log Book
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| AUGUST 3, 2001 |
- US-S. America conference seeks to expand
The seven members of the East Coast United States/East Coast of South America Vessel Sharing Agreement announced that they have filed a proposal with the Federal Maritime Commission to revise and extend their existing agreement.
- Genoa gets nod on $435 million expansion
Italy's leading port has won approval for a 10-year, $435 million investment program to build new facilities, including a giant container terminal.
- Ports urged to guard their money
Ports, especially those that earn a net income each year on their leases, must be vigilant that cities and states do not take more revenue than they are entitled to under the law, the executive secretary of the Steamship Association of California warned.
- MTMC awards $325 million in contracts
- Senate panel passes Port and Maritime Security Act
- BA, American to file for antitrust immunity
- British Columbia slashes taxes on bunker, jet fuel
- Former shipping executive gets jail for defrauding Army
- Union Pacific wins GM contract
- Colombo hires new dockers to replace strikers
- House panel passes export administration bill
- CP Rail to unveil new pricing system
- Major West Coast ports freeze out reefer carriers
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| AUGUST 6, 2001 |
- Cap San Marco sets sail
- India invests in marine infrastructure
- Perez elected at Long Beach
- Monday, August 6, 2001
- Maersk Logistics to acquire DSL
- Stinnes expands into China
- Kuala Lumpur attracts carriers, offers rebates
- IATA cargo rankings
- Ownership negotiations ongoing in Air New Zealand deal
- BAX names new MD for Mexico
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| AUGUST 3, 2001 |
- European airlines growth in June
- Airlines satisfied by Brussels security measures
- Autralia happy with New Zealand stake
- New groupage serve Rotterdam- Middle East
- 70 people out at Descartes
- TNT Post will be 'TPG'
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| AUGUST 6, 2001 |
- Maersk Logistics bolsters market position - ... to acquire certain assets & activities in DSL
- Year of accomplishments for ATCL Container Line
- Major Indian shipping cos post excellent results in Q1
- Govt planning to allow raw sugar production & export
- Flour millers seek export sops
- Tariff Commission confirms threat from Chinese goods imports
- Deadline for maize exports extended to September 30
- Falling trend in textile exports traced to fiscal policy errors
- CII team lodges protest against US stand on steel
- Govt team in Nepal to review treaty
- Rice exporters indifferent to FCI offer
- MbPT felicitates 19 more Port users under volume discount scheme
- Concor posts 54 pc increase in net profit in Q1
- Concor’s ICD-Pithampur scales new heights of excellence SCR launches millennium parcel express trains
- Govt asks ECGC to register with IRDA as non-life insurance co.
- FIPB clears Gaz plan for Petronet stake
- Indo-Malaysian JV awarded AP highway contract
- Excise duty waiver for units in Kutch notified
- Assocham urges govt to pass bio-diversity Bill
- Centre to impose minimum tariff values
- Tobacco Board reconstituted
- ICAC sees global cotton output at 20.33 mt
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| AUGUST 6, 2001 |
- MAS hits turbulence
- Swissair is disentangling itself
- Alitalia joins SkyTeam
- Ogden Ground Services Americas
- Plane Handling
- European Cargo Services
- ACP Worldwide
- Virgin Atlantic Cargo
- Extra Express Transport Logistik AG takes Richard Kempers NV
- New web site on US marine transportation system
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| AUGUST 3, 2001 |
- Big order in pipeline for Jeffboat?
Title XI application data released by MarAd shows that Vessel Leasing LLC has applied for Title XI financing in connection with 225 covered hopper barges from Jeffboat.
- Last ditch effort to save U.K.repair yard
Senior managers have reportedly put in a last minute bid to the receiver for the Cammell Laird Birkenhead yard.
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| AUGUST 3, 2001 |
- Spill teams responding to pipeline break in recreation area near Kenai, Alaska
- Port of Kalama gives go-ahead to inbound shipments of hydrochloric acid
- Captain's Nautical Supplies moving to larger quarters in Portland's Pearl District
- Portland Wheat Marketing Center staffers demonstrate benefits of U.S. wheat to Asian markets
- Safety zone for SeaFair's Blue Angels air show puts restrictions on local boating traffic
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| AUGUST 6, 2001 |
- Barry blows oil and gas production off-course in the Gulf of Mexico
Tropical storm Barry has caused significant disruption to offshore oil and natural gas production in the Gulf of Mexico over the weekend, and was set to hit the New Orleans oil refineries early tod...
- Storm looms over P&O Nedlloyd HQ
A SPLIT between P&O Nedloyd’s two shareholders about where the shipping line should be headquartered is thought to be a key reason for the delay in obtaining a stock market quotation for...
- Golar LNG whets appetite for its first taste of the Big Apple
GOLAR LNG is planning an ambitious debut on the New York Stock Exchange this winter, including a fresh infusion of equity and potential "tax leases" on its fleet of liquefied natural ga...
- Metro wins the latest court battle against Glencore
METRO Trading International has won the latest round of litigation with Glencore offering hope to the company’s many creditors, including the shipping tycoon John Fredriksen, that they will r...
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| AUGUST 3, 2001 |
- Welgelegen clears way for take-over
- Dutch slam Brussels' tug decision
- Colombo struggles back to work
- Port approvals to get tougher
- OMI stock price fails to move
- Encouraging quarter for Algoma
- Durban delays expected to continue
- Gaz de France buys into Petronet
- HK port rail link plans under study
- Capesize diverted after drugs find
- More union strife in Malta
- Hanjin posts surge in profits
- Singapore eyes China
- Cammell managers put in new bid
- Malacca piracy attacks remain high
- Gas carrier in Med collision
- Seaway supports 43,000 US jobs
- US recommends whale measures
- Nhava Sheva appoints new chairman
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| AUGUST 3, 2001 |
- Bullish earnings fail to boost OMI stock
Cautious investors have their eyes on the crucial fourth quarter performance.
- Coastal Petroleum seeks suezmax time-charter
Bidders are watching patiently from the sidelines amid falling prices.
- Pertamina closing in on VLCC fixture
Dynacom's Navarin offers the best overall package in Pertamina's 2-year time charter tender.
- Shipping traffic slows across Korean border
The volume of goods transported between the two neighbours however rose significantly in January-June.
- Northrop remains optimistic on Newport offer
Northrop is way behind General Dynamics in the race for Newport News Shipbuilding shares.
- Northwest-bound Barry to intensify
Marine vessel traffic condition in the US gulf remains normal so far.
- Havila signs charter deals
Norwegian supply boat operator Havila Supply has fixed four of its vessels on contract business.
- Paris says thank you to Erika volunteers
Giant sandcastle built to commemorate slick clean-up.
- Bleak interim figures for Eimskip
Rising costs plunged the Icelandic shipowner into the red in the first half of 2001.
- Koreans poised to scoop SCI suezmaxes
Yards in Korea have seen off Chinese and UK competitors in a bid for two suezmax newbuildings.
- Angelicoussis cape caught in coke seizure
Cocaine worth $40m has been found aboard the Greek-owned bulk carrier during a stopover in South Africa.
- Tanker and car carrier collide off Japan
One ship is taking on water but the crew is reported safe.
- Hanjin Shipping turns profit to loss
Korea's Hanjin Shipping logged a net loss despite, record interim operating profits.
- Canada continues bulker crackdown
Port state inspectors detained another seven bulk carriers during June.
- Bockstiegel Jiangdong boxships get go ahead
Chinese shipbuilder has just concluded financial guarantees from the China People's Insurance Company.
- Tax cuts boost Algoma interims
Corporate tax rate reductions help lift Canadian tanker owner's net profits to CAD11.62m.
- Maritrans jacks up earnings
High vessel demand and few weather delays resulted in strong utilisation in April-June.
- Alaskan LNG proposal targets 15 vessels
Construction of LNG terminal may begin as early as 2003 if everything goes well.
- Metro judgement offers owners hope
A court ruling could make $60m available to creditors of collapsed oil trader Metro.
- Greek owners' bank buy-out gathers pace
Heavyweight shipowners, including Vassilis Constantakopoulos, will take over Bank of Nova Scotia's Greek operations next month.
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