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| MARCH 9, 2001 |
Shipping News
- PSA makes biggest container terminal foray
[SINGAPORE] PSA Corporation is to purchase a majority stake in a Belgian joint venture that will make it the leading terminal operator in the country.
- ITF exposes ease of fraud, with purchase of first officer cert
[SINGAPORE] The endemic problem of seafarer certificate fraud was highlighted recently when the general secretary of the International Transport Workers' Federation (ITF), bought a first officer's certificate and sea book issued by the Republic of Panama.
- NOL to add 16 boxships over next 2 years
- India's SCI won't be revamped ahead of sale
- Conferences give details of rate hikes for this year
- Port shots
Air and Land Transport
- TWA picks American Air's bid as highest and best
[ST LOUIS] The board of Trans World Airlines Inc selected a sweetened US$742 million (S$1.29 million) offer from AMR Corp's American Airlines as its preferred bid and will recommend it to a federal bankruptcy court.
- US Senate Bill seeks more rights for passengers
- KLM sets conditions for buying Go from BA
- Dassault Aviation's profit up 39%
- Virgin complains to EU about Sabena
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| MARCH 9, 2001 |
- US air cargo edges up in January
Carriers posted a narrow increase in domestic volume despite signs of an economic slowdown.
- Delta, Air France to start export joint venture this fall
The Justice Department's approval of the deal on Tuesday will enable the two carriers to effectively merge their U.S. sales forces.
- CP Ships sees mixed outlook
Economic growth in Europe and elsewhere in the world will be tempered by a slowdown in the U.S. and added capacity from new ships in 2001.
- Winwood pushing Customs automation
Acting Customs Commissioner Charles W. Winwood isn't letting his interim status delay the agency's development of a new automated processing system.
- NOL posts record results, plans fleet expansion
Chief executive Flemming Jacobs said the company benefited from better rates and volumes in its liner and tanker businesses.
- Head of German rail board quits
- Nafta trucking deadline passes over US inspection concerns
- Yang Ming upgrades Pacific eastbound service
- SAS to spin off cargo unit
- i2 denies lawsuit allegations
- China Shipping, OOCL, Zim plan Asia-Australia service
- Portland manager wins engineering award
- TMM sees new ports as key to EU trade
- New World Alliance adds Le Havre to trans-Atlantic service
- PSA acquires majority stake in Belgian port operator
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| MARCH 9, 2001 |
- French line shifts Singapore operations to Port Klang
- K&N sees high turnover in 2000
- Pegasus project to boost NYK
- GoReefers goes online
- New instructions at Colombo
- Chiao Feng represents Contship
- CSA and Yunnan Airlines ink codeshare agreement
- Lufthansa upgrades Cool/td
- Good start for TradeLink
- Shanghai Airline takes on 737-700
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| MARCH 8, 2001 |
- 'TNT Post may sell TNT International'
- BA to buy regional British airlines
- American TWA's favorite stepmother
- New ceo Swissair Group to quit already
- Problems for US Postal
- OOCL to sell internet technology
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| MARCH 9, 2001 |
- Transworld Group sets sights on bigger presence in Singapore
- India, Poland identify hi-tech areas for collaboration
- ‘Port of Registration’ being misinterpreted, say exporters
- Indiasoft 2001 nets Rs 300-cr. export orders
- Dumping probe on IPA terminated
- Bar-coding for exporters kept in abeyance
- 39 SSI-made items may get tariff protection from April 1
- Exim Bank signs credit pact with Columbia bank
- Chennai Port sets new record in container handling
- United Airlines to resume services to India from April
- Rana may seek excise rollback on branded garments
- Hardware sector deserved better deal in Budget, says IMC’s IT head
- Welcome features in Budget proposals highlighted
- Move to hike FDI limits in telecom, aviation shelved
- Customs duty structure may be rationalised - Budget anomalies to be studied
- Aluminium units top January output target
- Chemical park: Plan panel against private consultant
- India Soya Forum 2001 at Indore on March 17-18
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| MARCH 8, 2001 |
- Pacific Northwest: Prices seen rebounding in competitive Seattle market
- Improved avails reported in LA, San Francisco at similar levels
- Slightly softer prices in the US Gulf as congestion eases
- Improved conditions and softer levels the ARA bunker market
- North European market snapshots
- Italy and Malta markets this week
- Short term congestion in Gibraltar
- MGO levels down in Piraeus
- Quiet market in Istanbul due to holiday
- Bunker prices for Irish ports
- Singapore prices settle down after sharp hikes
- Mexican bunker price update
- Indicative Bunker Prices In Indian Ports
- Prices on the rise in volatile Korean market
- Firmer market in Hong Kong, Taiwan posted prices
- Avails OK in Japan
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| MARCH 9, 2001 |
- Evergreen and Lloyd Triestino file new alliance agreement
- OCF introduces Shanghai service
- Lykes Lines joins Taca
- Mitsui OSK Lines becomes MOL
- Senator Lines GmbH makes a profit
- «Container Contacts Europe 2001» and the «Industry News» on the web
- New Southwest Asia-Europe group
- New Australia-East Asia joint service
- Cathay Pacific Cargo chooses Leicester
- Continental Airlines to Hong Kong
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| MARCH 8, 2001 |
- Star to deploy Meyer newbuild on NCL Hawaii itinerary
Star Cruises has revised its plans for ship deployment in the Hawaii cruise market by its Norwegian Cruise Line (NCL) unit. A $400 million, 91,000-ton newbuilding currently under construction at Meyer Werft will now no longer join Star Cruises as SuperStar Libra. Instead, it will now join NCL's fleet in December 2001 for year- round deployment in Hawaii.
- Floating LNG plants are feasible
Bouygues Offshore has announced the successful completion of the AZURE R&D project for the development of floating Liquefied Natural Gas (LNG) facility concepts
- J. Ray MCDermott gets spar contract
J. Ray McDermott, Inc., a subsidiary of McDermott International, Inc. has been awarded a turnkey engineer-procure-construct-install contract to provide a spar platform for the Medusa Field Development Project, a deepwater development for Murphy Oil Corp., in the Gulf of Mexico.
- HAL picks names for first ships in new series
The first two ships of Holland America Line's next series of five new 85,000-ton cruise ships will be named the ms Zuiderdam and ms Oosterdam, respectively.
- Seacor to acquire Stirling Shipping
Seacor Smit Inc. has signed a letter of intent to acquire Stirling Shipping Company Ltd., a private U.K. company based in Glasgow, Scotland,
- Teekay moves into shuttle market
Teekay Shipping Corporation has announced the acquisition through a wholly-owned subsidiary of 56% of Ugland Nordic Shipping (UNS) for approximately $123 million.
- CLIA members carried 6.9 million passengers last year
Nearly 6.9 million North Americans enjoyed cruising in 2000, an increase of 992,000 cruisers -- or 16.8 percent -- over the previous year, according to Cruise Lines International Association (CLIA).
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| MARCH 8, 2001 |
- Port Seattle signs with GCSI for $849,000 computer and service
- Hungarian ambassador speaks about "Future of the Eastern Half of Europe"
- January 2001 steel imports decrease five percent from December 2000 levels
- Port of Tacoma extends contract for monitoring Clear Creek Habitat
- Greenbrier expects quarter earnings to be lower than analysts' expectations
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| MARCH 9, 2001 |
- Faulty Pumps Nearly Sank 'Zahara'
- Indonesia Worst Hit by Pirate Menace in 2000
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| MARCH 8, 2001 |
- New safety checks for UK ferries
- Abidjan again hit by strike action
- Petrobras' head on the block
- Barcelona strikes accord
- Fuel oil discharge stink probed
- Nippon Steel sees hard year ahead
- Vale looks at Ferteco
- Cruise lines deny ICONS allegations
- Germany to centralise investigations
- ASF hits out on shipping policy
- Elbe Ferry closed
- Indian shipping ministry awakes
- PSA Corp sweeps into Belgium
- Owners escape pre-paid pilotage
- NOL to expand fleet
- Pakistan breakers broken
- Oz ports seek IMO moorings action
- NOL posts best-ever results
- IACS offers expertise on Kristal
- Auckland acquires rail link
- Australia in EU meat access bid
- WG&A gets slipway contract
- New SAR measures in China
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| MARCH 9, 2001 |
- PSA s’assure le contrôle de HesseNoord Natie à plus de 60%
Le dernier round de négociations mené ces dernières semaines a finalement permis de conclure: le groupe PSA Corporation de Singapour s’est assuré d’une forte majorité de contrôle, qu’on peut évaluer à plus de 60%, dans la future entité HesseNoord Natie, qui doit naître de la fusion des deux grands manutentionnaires anversois. Un accord préliminaire en ce sens a été signé hier jeudi à Anvers. Il est entendu que le groupe CMB et des actionnaires de la Noord Natie restent impliqués dans la nouvelle société, mais d’une manière très minoritaire, leur participation se situant entre 20 et 25%. De même, la SNCB reste actionnaire dans cette nouvelle entité, même si les modalités de cette participation doivent encore être discutées.
Le fait que cette perspective de fusion et de reprise dans le cadre d’un projet dit “industriel” a mis si longtemps à prendre forme concrète, peut se comprendre, compte tenu de la diversité des intérêts en jeu, de la complexité des problèmes posés et, surtout, de l’importance de l’enjeu, la valeur de ladite entité étant évaluée entre 23,4 milliards de BEF (580 millions d’EUR) et 26,20 mia. de BEF (650 mio. d’EUR). L’accord en question ne deviendra définitif que lorsque les autorités compétentes belges auront donné leur feu vert. Peut-être faudra-t-il attendre aussi celui de la Commission européenne.
- Le groupe Alloin reprend les quatre sociétés de Grimal
Le groupe français Alloin (Villefranche-sur-Saône, département du Rhône) vient de racheter l’ensemble des opérations du groupe Grimal. Cette acquisition cadre dans la stratégie de créer un réseau de messagerie en national en France. Elle lui permet en effet de se renforcer dans le Sud. Cette acquisition n’est pas la première: Alloin a entre autres déjà procédé au rachat en août dernier de son correspondant dans le Sud-Ouest. De plus, il s’est implanté en Belgique via la société bruxelloise Widem, acquise en juin.
- Delwaide: “S’il le faut, nous irons au Conseil d’Etat”
Conformément au décret portuaire flamand devenu récemment d’application, un commissaire portuaire régional flamand doit entrer en scène pour veiller à ce que les critères de la politique portuaire définis dans ce document soient respectés et qu’il n’y a plus de distorsion de concurrence entre ports. La fonction fait l’objet d’un recrutement sur base d’un profil bien défini. Là où le bât blesse, c’est au niveau des compétences du commissaire en question qui, à notre avis, prennent un caractère dictarorial, ce qui n’a rien de surprenant, car elles ont manifestement été concoctées dans une optique dirigiste. Il s’avère que les directions des ports d’Anvers, Gand et Zeebrugge ont adressé aux ministres responsables une
lettre de protestation en bonne et due forme.
- L’OTM proteste contre la clause de révision automatique des prix pour le transport routier
L’Organisation belge des Transporteurs Multimodaux (O.T.M.), ainsi que divers représentants de l’industrie ont manifesté leur opposition à la requête introduite par les transports routiers auprès du ministère des Affaires économiques. Le protocole d’accord de septembre 2000 relatif au prix élevé du diesel prévoit notamment l’introduction d’une clause de révision des prix. Les chargeurs n’acceptent pas de ne pas avoir été impliqués dans les discussions. Ils veulent être entendus et il est déjà établi que l’affaire sera portée devant le Conseil à la Concurrence.
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| MARCH 8, 2001 |
Maritime Contract News
- Navy Investigator: Civilians Did Not Cause Sub Crash
Breaking News
- Panamax Rates Softer
- Vopak To Sell Tankers
- Mississippi Traffic Picks Up
- Navy Investigator: Civilians Did Not Cause Sub Crash
- Dive Boat Company Found Negligent
- Swedish Police Confiscate Cannon From Barge
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| MARCH 8, 2001 |
- Teekay talks to Navion
Top aframax owner chats to Navion in wake of UNS deal but talk of wider deal speculative says Bjorn Moller.
- P&O Stena plans to replace up to half its fleet
Ferry operator may launch newbuilding spree, but only if it wins further exemption from EC competition rules.
- Jacobs details NOL tanker talk
NOL boss Flemming Jacobs says the company may expand its aframax interests through further newbuildings.
- Bulk operator launched
New shipping company that plans to focus on the Atlantic handysize market sets sail.
- PSA snaps up CMB port operation unit
Singapore's port authority is growing its overseas empire once again.
- NOL poised for tanker newbuildings
Boxship giant Neptune Orient Lines is riding high on last year's freight rate boom and its own cost-cutting exercises.
- Austal buoyed by ferry sale
Lower interims offset by Euroferrys deal for Australian shipbuilder.
- CyberShipping raises $170
It could be a long wait before "greatest shipowning venture on earth" starts buying ships.
- Frank Chao debts haunt family
Creditors pursue relatives for $6m following Frank Chao's death.
- Tankers buy internet war cover
A $33m vessel set to load at Iraqi port of Um Qasser is first customer of warsure website.
- War cover goes online
If you are sending a ship to a dangerous port you can buy war cover over the internet.
- Man rescued after jumping from cruiseship
A Royal Caribbean passenger spent seven hours in the Atlantic after leaping from Sovereign of the Seas.
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