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| JUNE 7, 2001 |
Shipping News
- Intertanko pushing for cheap and simple 'black boxes'
REPRESENTATIVES of the International Association of Independent Tanker Owners have spent weeks exploring existing, simple data recorder technology to uncover a cheaper 'black box' alternative for older tankers.
- Japan armed ships to help region fight piracy
- New tonnage seen hitting dry bulk freight rates
- Evergreen to lead shippers in bid to build Taipei port
- Hyundai Merchant orders container ship
- Lowlands Beilun finally refloated
Air and Land Transport
- Asian airlines hit by slowdown, fly with more empty seats
CATHAY Pacific Airways, Singapore Airlines Ltd and other Asian airlines are flying with more empty seats as the effect of slowing economic growth compounds slumping demand for airfreight.
- Agencies to suggest changes to ease delays at La Guardia
- Qantas to increase the number of NZ domestic flights
- Thai Air's plane makes emergency landing
- Taiwan, HK air pact extended to end-Dec
- FAA, Boeing unveil plans to unclog US skies
Logistics
- APL Direct Logistics names 3 new V-Ps
APL Direct Logistics named three new vice-presidents for its US operations earlier this week.
- UAL, Unisys, others form freight shipping venture
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| JUNE 6, 2001 |
- Steel curbs would hurt US ports: Exec
Port and maritime transport services will suffer as a result of President Bush's decision to initiate a trade case that could impose severe restrictions on imported steel, a leading port official warned Wednesday.
- Mineta: Justice will kill UAL-USAirways deal
Transportation Secretary Norman Mineta predicted that the Justice Department will reject the proposed merger of United Airlines and US Airways.
- China Shipping shuffles U.S.-Med service
The carrier will increase frequency and add calls in Savannah and Piraeus, Greece.
- Forwarders get "conflicting messages" in Integres talks
Officials at American Airlines and United Airlines met with air forwarders regarding the their relationship with Integres, a newly-formed air forwarding joint venture.
- Intermarine names Wilson VP
- BA-American talks boost open-skies hopes
- Bush asks more funds for animal diseases
- Antonov makes first cargo flight from former Italian military base
- Footstar, Maersk Logistics ink deal
- Evergreen shifts Med hub to Taranto
- Quaker Oats: E-procurement saving millions
- UPS resumes Israel service
- CP Rail to expand intermodal terminals
- Pacer in $10M Qiva deal
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| JUNE 7, 2001 |
- Chinatrans to boost logistics in southern China
- London Club urges caution on Charter Party laytime provision
- Lloyd Triestino launches Japan PSW service
- BA World Cargo revenues rise to $900 million
- Integres to transform heavy- weight air freight transport
- USDA relaxes import blockade for some EU countries
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| JUNE 6, 2001 |
- China coal exports rises
- Con-Way Transportation extends e-business offerings
- New shareholder for United Container Terminals
- TPG sells XP France
- Environmental inspection of transportation
- OIA Global Logistics acquires forwarders
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| JUNE 7, 2001 |
- APL unveils new Africa service - New options provide customers with efficient linehaul access into E. Africa
- Shell orders 2 LNG carriers
- Canada imposes anti-dumping duty on Indian steel sheets
- Many Indian firms setting up shop in UK, Bremen, says study
- Brazil drought to prove boon for sugar exporters
- Global player 3M setting up trading unit in Cochin SEZ
- Anti-dumping duties on steel: Govt-industry delegation to leave for US soon
- Wheat exports at virtual standstill
- Nagpur cargo hub project makes headway
- AI observing ‘People First’ week
- Spadework for Vizag air cargo service under way
- Duty drawback reduction upsets garment exporters
- 2-pronged strategy to help SSIs fight anti-dumping cases soon
- IMC urges PM to speed up internal reforms, remove hurdles to FDI inflows
- Govt likely to ease guidelines for BIS certification
- Rana exhorts textile industry to broaden focus
- No justification: CIAe
- States views on sugar decontrol sought
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| JUNE 6, 2001 |
- Little change in Montreal and Halifax
- Houston IFO down to $100 on aggressive selling
- Avails resumed in Ecuador, healthy market in Chile
- Good demand in Panama, St. Eustatius still s/e
- West African bunker market reports
- African East and North coast market snapshots
- Quiet market in Fujairah
- South African markets continue steady trend
- Saudi oil minister says there'll be more oil in Q3
- Sluggish demand in Suez
- Bunker prices from Russian markets
- New posted prices for Saudi Arabia, avails still tight in Jeddah
- Oil prices fall after bigger than expected rise in US oil stocks
- Resupply expected in Buenos Aires soon, strike looming
- Mexican bunker price update: MGO prices rise dramatically
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| JUNE 7, 2001 |
- Import catch-up
- Lines slap on Far East surcharge
- Portnet postpones new THC system
- Banana shipment makes history at Maputo
- R12m deal aims to improve automotive industry skills
- DUTY CALLS
- Golf invite
- SA commits to standardised border procedures
- BAX re-engineers to set new logistics standard
- Blooming good effort all round!
- MOL strengthens 'moral fibre'
- Neuron demystifies new training laws
- DTI's Ruiters slams port inefficiency
- Ecu-Line reveals SA growth plans
- Ports handle less cargo in first four months
- California 'twinning' could open new markets
- Freak accident delays CT forum with Raseroka
- India shows its wares locally
- JIA cameras film botched robbery
- 'Overdue' sea transport bill awaits Mbeki's signature
- Zimbabwe shippers abandon official forex rate
- Shipping personality dies
- Stats reveal that rail is making inroads
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| JUNE 6, 2001 |
- Port of Tacoma displays Korean artists at special exhibit through this Friday
- Seattle City Club presents Warren Christopher this Thursday, June 7th at Bell Harbor center
- Port Portland supports Senate Bill 895-B stopping ocean-going ships from releasing balast
- Funeral services will be held this Friday, June 8th for George T Jesten, founder of marine courier service
- West Coast Ship Supply opens new office in Portland on June 1, 2001
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| JUNE 7, 2001 |
- ITF threatens Gulf safety showdown
A MAJOR union membership drive on the US Gulf Coast is set to embroil the coast guard, the International Maritime Organisation and offshore workers in a fierce dispute over safety. The escal...
- China challenges for Japan coal market
The rapid growth in China’s coal exports is threatening to loosen Australia’s dominant grip on Japan, the world’s largest import market. A growing Japanese preference for i...
- Eletson raises Hyundai newbuildings to six
This time, the company has opted for a pair of 70,000 dwt vessels, contrasting with the four aframaxes already contracted from the shipyard. No price was given for the two ships, which are d...
- Teekay’s $200m bonds lead return to new issues
Teekay has unveiled plans to raise $200m in the US bond market, the first time a cargo shipping company has braved the new issue market for three years. The announcement by the aframax tanke...
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| JUNE 6, 2001 |
- Maersk ploughs $154M into Delta
- Terrorist attack on rail line foiled
- Should surveyors turn pro?
- Bush orders steel investigation
- Fujairah bans non-IACS tankers
- Mega hub port set for Zhoushan
- Dumping approved claims Celebrity
- Stricken ferry towed to safety
- ISM not working say class top trio
- Strait talking in Korea
- Private WA port wins approval
- Indonesia orders 15 in China
- North America binds closer on PSC
- Evergreen leads for Taipei box port
- One held over Wärtsilä espionage
- IACS bids to enhance bulker safety
- TMN to buy 'mother' vessel
- Ecuador disputes insurance claims
- Volkswerft MD packs up
- Tanker float expects top dollar
- Ten killed in Romanian yard blast
- Salvors refloat grounded bulker
- Canada consults on transport
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| JUNE 7, 2001 |
- L’Europe et ses ports: une libéralisation réaliste ou bureaucratique?
On reparle beaucoup ces jours-ci du projet de directive de la Commission européenne relative à la libéralisation des services portuaires. La raison en est que ce dossier, qui concerne une matière particulièrement complexe, évolue progressivement à divers niveaux et que les secteurs professionnels impliqués entendent éviter que ladite future directive, lors de la traduction dans les faits, ne se traduise par des impacts négatifs. Le libre accès aux services portuaires est une chose, la pratique en est une autre. De plus, le rapporteur allemand met la dernière main à son document qu’il devrait transmettre au Parlement européen vers la fin de ce mois.
- ProLogis vend Frigoscandia en Allemagne à Nordfrost
Le groupe américain ProLogis a décidé de vendre les activités de transport et d’entreposage frigorifique de Frigoscandia en Allemagne à la société Nordfrost GmbH. Il va également vendre l’entrepôt frigorifique de Liverpool, à une société non précisée. Frigoscandia, racheté en 1997 par ProLogis (alors encore appelé SCI) à ASG est sa branche de services logistiques frigorifiques. Dans son communiqué, ProLogis ne mentionne pas quel avenir il réserve aux autres branches de Frigoscandia.
- Le port de Gand a connu en 1999 une année record en termes d’investissements
Le port de Gand a affiché en 1999 2,25 milliards d’EUR de valeur ajoutée directe, 26.232 emplois directs, 527 millions d’EUR d’investissements et a contribué à hauteur de 1,15 milliard d’EUR au trésor et à la sécurité sociale. C’est ce qu’annonce la Banque nationale de Belgique dans son rapport sur l’importance économique du port de Gand. La valeur ajoutée et l’apport au trésor ont été légèrement inférieurs à l’année record qu’a été 1998 (où ces deux paramètres s’étaient respectivement élevés à 2,41 mia. d’EUR et 1,19 mia. d’EUR). Mais les investissements ont grimpé sous l’impulsion des importantes dépenses du secteur privé
à un niveau record, et l’emploi a légèrement augmenté.
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| JUNE 6, 2001 |
Maritime Contract News
- Newport News Backs $2.1 Billion Takeover From General Dynamics
- Industrial Espionage Suspected At Wärtsilä
Breaking News
- AIOC Awaits Go-Ahead on Caspian Oil Project
- Cammell Laird Slashes 93 More Jobs
- American Eagle Tankers Files for IPO
- Eimskip Braces for Negative First-Half Returns
- Newport News Backs $2.1 Billion Takeover From General Dynamics
- Chilean Navy Reassesses Damage From Oil Tanker Spill
- Celebrity's Mechanical Problems Continue
- Industrial Espionage Suspected At Wärtsilä
- Frontline To Partake In VLCC Consortium
- Bulker Under Tow Off Brazil
- Fire On Greek Ferry
- NNS Board Approves General Dynamics Plan
- Offshore Project To Get Green Light
- Northrop Grumman Gets $154.9M Navy Deal
- New Class Initiatives Ready For Implementation
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| JUNE 6, 2001 |
- AET unveils $131m plus IPO
Prospective US-listing candidate American Eagle Tankers has its eyes on bigger things than aframax tankers.
- Eletson orders panamax pair
Greek owner Eletson is backing the product tanker newbuilding craze.
- NNS board recommends General Dynamics' offer
General Dynamics' offer presents more value to NNS shareholders than the offer from Northrop Grumman.
- Golar LNG share price climbs
'Grey market' trading in Golar LNG has boosted the value of John Fredriksen's stake in the company.
- Bearish outlook depresses ICTS share price
Philippine container terminal operator's recent sale of its overseas subsidiary was seen as bearish.
- More jobs axed at Cammell Laird
Receivers are laying off another 93 workers at the UK shipyard.
- Noble eyes Hong Kong return
Chairman Richard Elman says Noble Group may return to the Hong Kong exchange five years after quitting.
- 'Class act' pushes ahead with safety initiative
Key classification societies are muscling up and say they are on target for a 1 July implementation date.
- Osprey ploughs $140m into Golar LNG
John Fredriksen continues to shuffle his LNG interests in preparation for going public.
- Celebrity Cruises ship in Alaskan pollution row
Mercury is accused of discharging treated waste water in Alaskan ports without the US Coast Guard's permission.
- Fire extinguished on Minoan Lines ferry
The Aretousa lost control off Italy when a small fire broke out in the engine room.
- Owners mull Taipei port move
Container lines Evergreen, Yang Ming, Wan Hai and Maersk are in talks over building a new terminal in Taiwan.
- Teekay offers $200m worth of bonds
Proceeds from the bond issue will be used to pay the company's outstanding secured bank debts.
- Viktor Lenac targets passengership newbuilding
The Croatian yard is looking to win a slice of the ferry construction market.
- IACS details bulker safety costings
Small bulkers may be just as much at risk as larger vessels from fore-end flooding according to a study completed by IACS.
- Cruise cancellations to hurt Royal Caribbean
The Miami-based cruise operator's profit is expected to dip by 3-4 cents a share.
- P&O Nedlloyd sells shipping agency
The container line has offloaded its non-core South African agency to Grincor.
- COONSC set for six ship offshore order
China yards in line to win contracts worth $60m from China Offshore Oil Northern Shipping Company.
- Robbie Williams rocks Wightlink ferry
Isle of Wight ferry setting for Brit pop idol's latest rock video.
- Grounded TCC bulker refloated off Singapore
Salvage teams succeed in removing Tai Chong Cheang's Lowlands Beilun from shoal at fourth attempt.
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