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| JANUARY 11, 2001 |
Shipping News
- Pelepas in drive to promote itself as multi-user port
[SINGAPORE] The new Malaysian port of Tanjung Pelepas (PTP) has launched an advertising blitz to help change an industry perception that it is more a dedicated Maersk-Sealand port than a multi-user one.
- ST Marine wins $98m deal for offshore vessels from Tidewater
- Aker Maritime wants to merge shipyards with Kvaerner: report
- Chu Kong Shipping to expand into logistics
Air and Land Transport
- UPS orders US$6b worth of aircraft from Airbus
[LOUISVILLE, Kentucky] United Parcel Service said it has ordered 60 Airbus Industrie freighters, in a US$6 billion (S$10.38 billion) deal that is the largest aircraft buy ever by the package delivery giant.
- Indian airlines suffer losses due to Delhi fog
- Northwest to pay US$7.1m settlement
- Unruly passenger interrupts flight to Hongkong
- TWA board okays bankruptcy protection plan, sale to American
- China delays meeting with airlines on industry overhaul
- Continental wins case against United over luggage limits
- Dubai air passenger traffic up 14.6%
Features
- On the global track
[SINGAPORE] THE purchase of US-based GATX Logistics by the APL container shipping arm of Neptune Orient Lines Ltd is just the latest in the latter's increasingly aggressive strategy to be a full-service provider of supply chain management from door to door.
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| JANUARY 11, 2001 |
- UPS to acquire Fritz Cos. for $450 million
The package carrier, seeking a broader role on the global logistics stage, has agreed to acquire Fritz Cos., the large U.S. freight forwarder.
- FedEx, Postal Service announce alliance
The deal is expected to generate $7 billion in revenue for FedEx and $1 billion in savings for the Postal Service over the next seven years.
- TWA agrees to buyout offer from American
American Airlines will acquire most of Trans World Airlines Inc.'s assets for about $500 million in a deal announced today.
- Airborne sees 4Q loss; plans rate hike
- CF plans to expand in Mexico City, Laredo
- Report: UPS eyeing Manila hub
- China OKs construction of massive container port
- China Shipping Group to launch Atlantic service in April
- Giuliani slams Port Authority's management of N.Y. airports
- Iberia pilots threaten to block Air Europa takeover
- Peter Finnerty joins Wallenius Lines Holdings
- PNV, truckers' telecom and Web provider, shuts down
- Grand Alliance to boost capacity in Asia-Europe and trans-Pacific trades
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| JANUARY 11, 2001 |
- TMM, Lykes, Contship upgrade
- Record throughput for PSA
- Heavy stuff
- Archipelago adds to portfolio
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| JANUARY 10, 2001 |
- Resignation Alitalia chairman may open possibility merger talks
- Singapore sees rise in container volume
- Siemens obtains order from Chinese ZPMC
- Rotterdam Municipal Port Management launches business plan
- OBA shares for sale
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| JANUARY 11, 2001 |
- Ecu-Line Australia to open more offices
- Polluting units’ closure will affect exports: DEA
- India may buy more Iraqi oil
- WTO chief skirts discussion on non-trade barriers with India
- UK Minister sees burgeoning trade with India
- Mundra Port container terminal to be ready by November
- Paradip Port achieves fresh single-day handling record
- Rlys freight info system set to spread
- More ECB proposals being cleared
- Centre clears Indore SEZ
- India, Vietnam sign 5 MoUs to forge closer economic relations
- CMIE projects growth rate lower at 5.8 pc for 2000-01
- Tea output up 5 per cent
- Minister urges CMs to ensure grid discipline by SEBs
- Fieo urges Sinha to restore I-T benefits for exporters
- Focus on farm sector as major engine for growth
- Norms for basic telephony this month-end
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| JANUARY 10, 2001 |
- Nominate bunker supplier of the year!
- Tight IFO avails in Montreal
- Well supplied US East Coast could see prices drop further
- North and East African market reports
- Ecuador and Chile market review
- Avails getting tight in Panama, St Eustatius s/e
- OK avails reported throughout West African markets
- Good avails in major South African ports this week
- Bunker prices for Irish ports
- Mixed demand in Suez
- Short term congestion in Fujairah
- IPE looking at merger with US internet-based Interncontinental Exchange
- OPIS expects huge oil price swings in the first quarter
- Brazil bunker prices
- Statement from the IPE
- Jeddah/Dammam posted prices effective from January 11
- Bunker prices for Mexican ports
- Argentina weekly bunker prices
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| JANUARY 10, 2001 |
- Status quo in Gent
- Ostend: Renaissance thanks to Great Britain
- WWL without Cobelfret
- Southampton catching up
- Modern supply chain in British fruit trade
- DoT takes action
- US rail mergers
- 2001 again losses for SNCF and RFF
- Heppner Europe-wide
- France: trucks pay VAT on highway fee
- Playing with fire
- GP: 10% of DPD
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| JANUARY 10, 2001 |
- Tidewater on $305 million newbuilding spree
Tidewater Inc. announced today that it has signed contracts with two Far East shipyards for the construction of eight vessels as part of Tidewater's new build program announced in January 2000. It has also announced that its subsidiary, Quality Shipyard L.L.C., will build a total of four vessels.
- Patent for Maritrans double hull technique
Maritrans Operating Partners L.P., a subsidiary of Maritrans Inc. has obtained a patent on its proprietary process for rebuilding single hull tank vessels with internal double hulls.
- Dominica enters registry market
Latest arrival on the international ship registry scene: the Commonwealth of Dominica.
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| JANUARY 11, 2001 |
- Construction work begins at Coega
- New Med service to set sail
- Spoornet sharpens global plans
- Portnet's chopper finds a permanent home
- Spoornet gets R200m for coal line upgrade
- Fuhai adds fourth vessel
- RB loads record cargo volume
- Turkish continues SA flights
- Aeroflot closes SA office
- Gift seeks host company
- TNT gets recognition for investment in people
- China cuts import tariffs
- Portnet's largesse helps disabled youngster to walk
- Safmarine rebrands SafBank
- Singapore extends port concession
- Capespan shortlists candidates for top post
- Extended cold store caters for growing grape exports
- Grape suppliers win top UK stamp of approval
- Novotrans moves to new premises
- Consolidation is not over - Boyd
- Ecu-Line sets up Aussie office
- Mercedes breaks export record at EL
- Swaziland looks for R300m to build new highway
- Koos Bouwer heads up Fresh Produce Terminals
- Maersk promotes
- SATI appoints new managers
- Gama heads Africa port co-ordination
- Heroic sea rescue drama ends in tragedy
- World's largest reefer operation is born
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| JANUARY 10, 2001 |
- Memorial services today at Port of Stockton for 50 year employee of SSA
- Port of Tacoma takes steps with FTZ to bring more trade to Tacoma
- APL Logistics purchases GATX Logistics for $210 million
- Port Anacortes rezones airport from residential to light manufacturing
- P&O Nedlloyd announces new service to cover Mediterranean to U.S.
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| JANUARY 11, 2001 |
- Spain casts doubt on Castor quality
THE American Bureau of Shipping said it was reviewing the case file of the stricken tanker Castor after Spanish maritime authorities described the ship as "sub-standard", casting doubt on her condition prior to the main deck cracking in severe weather on New Year's Eve.
- Focus on ship safety not ports of refuge says Spain
WE have started the year in Spain with a maritime emergency as a result of the incident involving the vessel Castor, a situation followed closely by this newspaper over the past few days.
- Anek's Zabetakis to lead ferry owners
STELIOS Zabetakis, chief executive of Crete's Anek Lines, has taken over at the helm of the troubled Greek Coastal Ferry Owners' Union, filling the spot left vacant after the suicide last year of Pantelis Sfinias.
- World Shipholding extends offer for remaining Osprey Maritime shares
JOHN Fredriksen's World Shipholding has extended its general offer for Osprey Maritime until January 26.
- Call to push potential of UK marine exports
A call to arms has been issued to UK Marine Industries plc.
- All pollutants removed from river wrecked Lagik
WORK to remove the wreck of the coaster Lagik from the river Nene at Port Sutton Bridge is proceeding well. The ship remains in position, blocking the entire waterway, but all 23 tonnes of diesel fuel and other potential pollutants have now been removed.
- Mediterranean trades growth plan at OOCL
ORIENT Overseas Container Line wants to raise its presence in the Mediterranean but has shelved plans for any substantial expansion in the north-south trades.
- FEFC opts for fewer, select summits
FAR Eastern Freight Conference members are hoping to inject greater authority into their regular meetings by restricting attendance to top personnel, writes Janet Porter.
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| JANUARY 10, 2001 |
- Charleston clinches Maersk Sealand
- PRS buys into Slovak register
- New cruise terminal seeks callers
- Envoy implicated in licence scam
- Legend denies bribery says Fairplay
- Fredriksen extends Osprey deadline
- UK black box wins type approval
- DFDS in ferry acquisition rumours
- Bintulu port delays share sale
- Corsica wins cross-Channel contract
- US unions to fight criminal charges
- Algeciras bidders get more time
- Wilhelmshaven hits more snags
- Crew walk as murder charge dropped
- MaritimeDirect sacks half its staff
- Search on for missing Novocherkassk
- Lost Bibby stowaways found on board
- Delayed Ennore to be inaugurated
- Ditched stowaways master charged
- Greece targets Patras illegals
- Bibby stowaways escape
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| JANUARY 11, 2001 |
- Les actions de la douane belge prennent de l’ampleur
Comme on le prévoyait dans notre édition d’hier, la grève du zèle et les actions perlées des fonctionnaires douaniers s’étendent de plus en plus. Dans un appel lancé au ministre compétent Didier Reynders (Finances), le front syndical commun exige en plus des 195 fonctionnaires promis l’engagement immédiat de 200 personnes provenant de la réserve de recrutement. A partir de la semaine prochaine, des actions sont aussi attendues aux autres services des finances.
- OOCL met ses concepts logistiques au service d’investisseurs européens en Chine
L’armement OOCL va bien. L’année 2000 aura été l’occasion outre le fait de renforcer sa situation financière, de procéder à d’importants développements sur le plan des produits. “Nous restons fidèles à notre politique qui est axée sur une croissance organique, en mettant l’accent sur les trois segments de trafics Est-Ouest, en maîtrisant les coûts, en maintenant les alliances, mais surtout en nous différençiant de la concurrence, notamment dans les domaines IT et de la logistique, en la devançant par les innovations. En matière de technologie d’information, nous avons 5 ans d’avance sur les autres et veillerons à ce que cela reste ainsi”... Ted Wang, nouveau président managing director de OOCL (Europe) Ltd, a présenté
mardi dernier à Londres, lors d’un face à la presse, une image particulèrement positive de son armement. Il était assisté pour ce faire des principaux cadres européens impliqués dans les diverses activités.
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| JANUARY 10, 2001 |
Maritime Contract News
- Tidewater To Build 12 New Vessels For $305M
Breaking News
- U.S. Oil Prices Surge Nearly $2
- Asian Panamax Rates Heading Up?
- ABS Steps Up Castor Response
- Mariners Learn Get LNG Handling Experience At MSI
- Atlantic Panamax Rates Firm Up in Far East
- Turkish Shipping Panel Mulls Safe Sailing Through Bosphorus
- Coflexip Stena Offshore Closes On Aker Maritime Acquisition
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| JANUARY 10, 2001 |
- Cottew accepts improved Fredriksen offer
Major remaining shareholders sell up after World Shipholding lifts offer price.
- Oshima scoops Masterbulk order
Singapore-based owner looks to Japan for open hatch bulker quartet.
- Corsica set for Channel run
Mediterranean ferry firm set to restart Newhaven to Dieppe run.
- Stena AB takes Stena Line challenge
Shareholders have given consent for the complete takeover of troubled Swedish ferry operator Stena Line by parent Stena AB.
- Maritime Direct axes staff in restructure
Another e-commerce venture is rethinking its strategy in the harsh light of 2001.
- Tidewater confirms 12 newbuildings
The US offshore giant has ordered eight ships in Asia and four in the US.
- Nordic American logs record results
Suezmax highs are netting Nordic American shareholders almost double last year's dividend.
- Fredriksen extends Osprey share offer
Shareholders get another two weeks to mull World Shipholding's unconditional offer.
- Solstad buys into newbuildings
Norway's Solstad Offshore has taken stakes in two companies set up to own newbuildings at Ulstein Verft.
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