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| JANUARY 10, 2001 |
Shipping News
- PSA's throughput jumps 7.2% to record 17.04m TEUs
[SINGAPORE] PSA Corporation chalked up a record throughput of over 17.04 million TEUs (twenty-foot equivalent units) last year, a jump of 7.2 per cent or 1.1 million containers over 1999.
- Gunmen attack Tanzanian ferry
- P&O Nedlloyd in new US-Med service
Air and Land Transport
- FedEx close to delivery pact with US Postal Service
[NEW YORK] FedEx Corp is close to agreement on a record delivery contract with the US Postal Service that could bring the Memphis-based cargo carrier more than US$5 billion (S$8.65 billion) in revenue in the coming years, the Wall Street Journal reported in its online edition yesterday.
- Airbus to become a company by next month
- SIA adds capacity on M'sia flights
- Korean Air aims for 6t won in sales
- New Delhi airport reopens after fog lifts
- Nigeria Air resumes direct flights to London
Features
- Anti-trust fears flare again
[WASHINGTON] APROPOSAL by AMR Corp's American Airlines to widen its reach re-ignited anti-trust concern on Monday over the prospect of "megacarriers" with colossal power over the industry.
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| JANUARY 10, 2001 |
- APL Logistics launching technology subsidiary after GATX purchase
The company, which announced on Monday that it would buy Jacksonville, Fla.-based GATX Logistics, will establish a separate company to handle logistics information management, said Dick Metzler, the company's top executive.
- Grand Alliance to add boost capacity in Asia-Europe and trans-Pacific trades
Hapag-Lloyd, Malaysia International Shipping Corp., NYK Line, OOCL and P&O Nedlloyd will deploy five additional ships capable of carrying 200,000 TEUs a year to the Pacific trades, and another eight of similar size to the Asia-Europe trades.
- Maersk Sealand set to sign new contract at Charleston
The four-year agreement with the South Carolina State Port Authority solidifies Charleston as the line's key port in the South Atlantic.
- Celarix partners with NextLinx
- DOT intermodal connector study to spur discussion
- Work on ferries completed; CG Railway’s US-Mexico service set to start Jan. 26
- Container volume tops 17 million TEUs at Singapore
- Tech Talk by Mike Berman: Wireless e-mail product leaves you waiting for more
- UPS places order for 60 Airbus freighters
- Postal Service, FedEx continue to discuss alliance
- Dole Ocean Cargo withdraws from Central America Discussion Agreement
- China pushes for direct air links to Taiwan
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| JANUARY 10, 2001 |
- APL Logistics takes over GATX
- Pelling joins HSBC Marine team
- Ecu-Line Australia opens shop
- Port Corp III to expand Tembaga
- P&ON to float Gamex service
- Huge FedEx order in the works
- Finnair takes on Nordic, Baltic
- Navy replaces C-9 Lifter with C-40A Clipper
- Garuda ups flight frequency
- Auspicious year for Baiyun
- Macquarie Bank and Cintra acquire Bristol airport
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| JANUARY 9, 2001 |
- APL Logistics to buy GATX Logistics
- Nobody wants Hungarian airline Malev
- Iberia pilots angry about takeover of rival
- Kühne & Nagel sells Rotterdam terminal
- P&O Nedlloyd manager 'Port Man of the Year'
- Strikes at Antwerp customs
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| JANUARY 10, 2001 |
- Uniglory adds Bandar Abbas to its network of direct calls in the Middle East
- MOL to add 8 panamax vessels to transpacific fleet
- 'K' Line Director appointed MD
- UAE's ports set to post healthy figures
- HSBC decorates Cosco
- Three wise men to advise COSCON on growth strategy
- Dramatic growth in Port of Salalah operations
- Swift upgrades warehousing facilities at Jebel Ali
- PSA-led consortium picked for major Japanese port privatisation
- OT Africa Line switches its southern UK port call from Thamesport to Felixstowe
- Record 2000 for Hanjin Shipping
- Port of Antwerp is Champion of Year
- Black boxes for vessels by 2002
- P&O to sell shares in bulk shipping subsidiary ABC
- Korea's container giants savour surge in net profits, sales
- Shanghai Port sees shipping volume at record high
- Korea earmarks 1.02 tr. won for ports upgradation
- Evergreen establishes its own agency operations in Netherlands, Belgium
- Korean company tailors Web software for tramp sector
- Primorye to build 3 tankers to carry Sakhalin oil
- Grimaldi Group of Naples to build 5 ro-ro car carriers
- MOL to change ship names
- SS Steamship operating under 'Columbus Line'
- Dumping duty on potassium compound mooted
- Coffee industry for duty-free import of brewing kit
- Sodium ferrocyanide from EU attracts anti-dumping charge
- Indian basmati exports to EU in jeopardy
- Seafood exporters strike for a bigger catch
- Petronet LNG ties up Rs 1,400 cr. funds for Dahej terminal
- Logistics management show in Bhopal from Jan. 12
- ICD-Nagpur completes 4 fruitful years-Comes a long way in a short span of time
- CII submits Rs 25,000-cr. privatisation target
- State to formulate new labour laws to lure NRIs
- Unocal plans India-Bangla LNG pipeline
- India calls for farm tariff cuts
- President's nod for Road Fund Bill
- Sinha hints at Budget that spurs growth, but rules out tax cuts
- Advisory group for wide ranging tax reforms
- Industry one on scrapping dividend tax & direct tax surcharge
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| JANUARY 9, 2001 |
- EIA forecasts oil prices will stay within high end of OPEC price band
- Tanker fixtures spell hope of more Iraqi oil exports
- Asia's top fuel oil importer set for record February purchases
- New supplier listing in India
- Singapore, Fujairah bunker prices fall further
- Erratic crude oil prices on the rise again after unexpected dip
- Brazil bunker prices steady
- Iran voice opinions on OPEC output cut
- New broker listing in Turkey
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| JANUARY 9, 2001 |
- Proposed American-TWA deal a "defensive merger"
- Coleman: new COO of Mercury Air Cargo
- APL Logistics takes over GATX Logistics
- US Freightways appoints Niemzyk senior vice president and CIO
- FMI International and Kesco go for Log-Net
- Emery Worldwide appoints Vandenplas
- Marc Global and Hitachi share operations
- New name for International Transit
- Deeper Channel for Thamesport
- Charleston: Container yard improvements
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| JANUARY 9, 2001 |
- Syncolift for Nile cruise boats
Syncrolift Inc., a Rolls-Royce company, has been selected by the Suez Canal Authority to supply a shiplift and transfer system valued at more than $7 million for the drydocking of Nile River cruise ferries.
- Maersk orders more OSV's
Maersk Supply Service has ordered two multipurpose anchor handling tug supply vessels from Volkswerft Stralsund and two 17,500 BHP UT722L type anchor handling tug supply vessels from Langsten AS, Norway.
- Korean yards target higher value ships
Korean shipbuilders will this year focus on boosting profitability rather than grabbing market share.
- Coast Guard probes licenses
The U. S. Coast Guard has announced a recall and verification program for merchant mariners’ licenses and documents issued over the past several years from a branch licensing office.
- Rolls-Royce designs for 53 OSV's
UT-Designs and packages of equipment from Rolls-Royce have been selected for 53 offshore service vessels over the past year.
- $6 million MacGregor equipment package
Aker Finnyards has placed contracts totalling more than $6 million with MacGregor for RoRo equipment and an outfit of six elevators to serve Irish Ferries' RoPax newbuilding Ulysses, which features over 4 km of car/truck lanes.
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| JANUARY 10, 2001 |
- Marlborough ditches marine
ONE of the marine market's top insurers at Lloyd's, Marlborough Underwriting Agency syndicate 62, has ceased to take fresh business, just days into the new season.
- Capacity at record level after syndicate shake-up
A BIG structural shake-up among syndicates lies behind the newly-announced rise in capacity provided by insurers at Lloyd's, writes James Brewer.
- Imabari in $40m coup for Valles aframax
Valles Steamship signed a contract last night, worth just under $40m, with Japan's Imabari Shipbuilding for a 107,000 dwt aframax tanker.
- ShipServ lines up eCredible and Infospectrum to boost credit business
ONLINE procurement site ShipServ has signed agreements with two other companies, designed to boost its customer payment and credit rating services.
- Rolls-Royce sees order leap
Rolls-Royce has reported a year-end surge in orders for its UT designs and packages for offshore service vessels, capping the best year for the product range since the mid-1970s.
- Go-ahead to pump-out sunken Ievoli Sun
MARNAVI, owner of the Ievoli Sun and its insurer, the Standard P&I Club, have agreed to try to recover the styrene and bunker oil aboard the sunken chemicals carrier by pumping from the second half of March.
- LauritzenCool initiative starts reefer fightback
FOR years the container carriers have been encroaching on to the territory of the shipping lines that operate dedicated reefer tonnage.
- Medway dredge lift for Thamesport
MEDWAY Ports has appointed a joint venture operation between Dutch-owned Westminster Dredging and HAM Dredging to dredge the approach channel of the River Medway and container berths at Hutchison Ports (UK)'s Thamesport in a programme worth £3.5m ($5.2m).
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| JANUARY 9, 2001 |
- Thamesport dredges for mega-ships
- Rosario tender postponed
- Trinidad port seeks partner
- Dutch mull Castor cargo transfer
- All rescued from Novocherkassk
- Taiwan yard plans massive cuts
- PSA non-committal on Hessenatie bid
- Cuba urges US to normalise now
- Filipino licensing scam alleged
- Mosvold 'open to merger'
- Aker, Kværner yard merger mooted
- DFDS to unveil strategy plan
- Ievoli Sun will be pumped out
- Six rescued from Ukrainian ship
- Indian dockers warned over mercury
- Northrop launches Litton tender
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| JANUARY 10, 2001 |
- Management buy-out chez Transalliance
Après de très longues négociations, c’est finalement le directeur général de Transalliance, Philippe Michel, qui a racheté, en coopération avec la société de capital à risque britannique 3i (via sa filiale française 3i Gestion) et la banque d’investissement française SNVB (groupe CIC), la société de transport routier qu’il dirigeait. Le CDR, c’est-à-dire le consortium de réalisation des actifs du Crédit Lyonnais, avait tenté à l’origine de vendre le groupe Transalliance Participation dans son ensemble, mais il a dû finalement céder et vendre séparément les deux sociétés Transalliance et Stockalliance. A notre connaissance, il n’y a pas encore d’acquéreur pour cette dernière, qui constitue la branche logistique du groupe.
- Douane: l’action spontanée pourrait déboucher sur une opposition structurée
La douane a connu hier le premier jour de ce qui doit déboucher sur une vaste action dont l’objectif est d’obtenir que le cadre du personnel statutairement prévu soit effectivement complété. Le port d’Anvers a été touché par une grève du zèle, Zeebrugge par une grève perlée et le Limbourg et la Flandre orientale par d’autres actions des brigades mobiles. Etant donné que les entreprises portuaires avaient été prévenues, les actions n’ont pas entraîné d’importants retards. La question est de savoir ce qui se passera si les actions font tâche d’huile et se développent dans le temps et en intensité...
- La Sabena a vecu une année difficile malgré une hausse de près de 10% du nombre de passagers
En 2000, la Sabena a transporté 10.933.788 passagers, ce qui représente une hausse de 9,7% par rapport à 1999. Cela ne se reflète malheureusement pas dans les recettes unitaires, a déclaré le président et CEO Christoph Müller. Le taux d’occupation pour 2000 s’est élevé à 67,58%, en hausse de 1,0 point par rapport à 1999.
- Le plan de transport d’Isabelle Durant néglige le tunnel ferroviaire du Liefkenshoek
A la veille de la discussion en conseil des ministres restreint (hier mardi) de ses projets concernant l’avenir de la SNCB, la ministre de la Mobilité et des Transports Isabelle Durant a voulu attirer l’attention du grand public, mais bien entendu aussi des autres responsables politiques, sur ses propositions concrètes visant à faire jouer par le rail un rôle plus important dans la résolution des problèmes de mobilité que connaît la Belgique. Force est de reconnaître que le transport de marchandises est traité en parent pauvre. Pour preuve, étant donné la limitation des moyens budgétaires, l’indispensable tunnel ferroviaire du Liefkenshoek entre les deux rives de l’Escaut à Anvers n’est pas prévu dans le plan décennal de la SNCB.
Alors que, un peu tard il est vrai, les responsables anversois commmencent à tirer la sonnette d’alarme. Car on se rend compte que les différents modes de transport, route, batellerie, rail, ne seront pas en mesure d’absorber les trafics attendus à la Rive gauche sans provoquer d’immenses problèmes.
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| JANUARY 9, 2001 |
- MC extends buyback deadline again
The US-listed shipowner has extended an offer to bondholders and raised its purchase offer.
- Sfinias condition revealed by report
MFD director allegedly consumed alcohol and anti-depressants in lead up to suicide.
- Amer Reefer set for further default
Chilly outlook for troubled shipowner's bondholders.
- French order styrene removal from Ievoli Sun
Ievoli Sun's owner and insurers will have to foot the clean-up bill on the wrecked tanker.
- Ten-ship order switches yards
China's Weihai Shipyard looks set to gain as a domestic trading house switches yards.
- Korean owners line up boxship newbuildings
The big liner names in Korea are preparing to venture out and order new tonnage in 2001.
- TMM extends merger approval deadline
The Mexican shipowner is taking more time to woo bondholders over a merger with sister companies.
- Bank helps out HMM
Hyundai Merchant Marine sells $32m of bonds.
- Hyundai cruise venture in doubt
Debt burden threatens North Korean operation.
- Order rush boosts Alstom
The French engineering and shipbuilding group is sitting pretty after a strong third quarter.
- Fredriksen keeps buying
Biggest block of Osprey shares acquired since November while Frontline also buys back more stock.
- Maersk orders four support vessels
Danish shipowner contracts with German and Norwegian yards.
- PSA container throughput tops 17m-TEU
New record for Singapore port operator but pressure now on following Maersk Sealand departure.
- More charges over Pati tragedy
Shipping agents linked to the Georgian cargo ship have been accused of human smuggling.
- Shares down at KPM after profits fall
Wafer-thin earnings at shipbuilder and repairer Keppel Philippines Marine hits investor confidence.
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