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| MAY 11, 2001 |
Shipping News
- Tanker Pacific denies two oil spill incidents
SINGAPORE's Tanker Pacific Management has denied allegations that two of its tankers caused oil pollution in separate incidents last week.
- S Korea denies EU charges of shipyard aid
- Northrop makes counter offer for Newport News
- ICTSI to operate Brazilian terminal
Air and Land Transport
- Lufthansa pilots strike; over 1,000 flights affected
PILOTS at the flagship German airline Lufthansa began an unprecedented 24-hour strike yesterday in support of salary demands, grounding some 1,000 flights stranding over 40,000 passengers.
- Airlines need to revise A300 manuals: NTSB
- Boeing in high-speed Internet access deal
- EasyJet keeps upbeat outlook despite 1st half loss
- Subang airport to close to passengers next year
- Log Book
Features
- Surge in order inquiries
WESTERN Australia's shipbuilders have reported a resurgence in inquiries for ferries from both Europe and Asia, thereby signalling that global downturn in demand may be less painful than originally feared.
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| MAY 11, 2001 |
- FMC takes no action on SED fees inquiry
The Federal Maritime Commission Thursday voted to take no action on an inquiry about the legality of fees that carriers are charging shippers for filing paper Shippers' Export Declarations.
- Port of Houston opens vessel simulator
About 700 mariners a year are expected to be trained at a $5.5 million vessel simulator operated by the Seamen's Church Institute of New York and New Jersey.
- FedEx: More alliances, less spending
FedEx CEO Fred Smith said lower revenue has led the company to cut purchases of new jets from a planned 22 to 14.
- BNSF to offer coal transport futures
The program will allow the railroad to share the economic benefits of tight transportation capacity while shifting some market risk to customers.
- TNWA adds two calls to Atlantic Pacific Express
- Norfolk Southern outlines service, investor initiatives
- Upper section of Mississippi opened
- NYK Line offers condensation protection
- FMC proposes alternative dispute resolution rules
- For sale: GoCargo.com assets
- Post Office looking for partners
- Lufthansa pilots walk out again
- STB gives CN-WC deal a boost
- Intermarine increases ship order to seven
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| MAY 11, 2001 |
- Port of Le Havre outlines development programme
- Hinode reveals new ship design
- High Goal aims for ISO accreditation programme
- PTP hits 1 million TEU mark
- World Shipping Council launches web site
- Cathay to launch double daily New York service
- Macau airport reports vigorous traffic results
- CF AirFreight ahead of schedule
- USDA fruit & veg manual available online
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| MAY 10, 2001 |
- Maersk-Sealand enters the battle for a Second Meuse Plateau
- Danzas buys logistics company in Colombia
- Threats of actions at ECT
- ITF against European port directive
- Night flight agreement DHL and Belgium
- GoCargo.com ceases its activities
- Containerization International in porno
- NedCargo opens e-market place in Antwerp
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| MAY 11, 2001 |
- Shipping industry seeks tax incentives
- NOL Group wins prestigious award for e-commerce innovation
- Container operations at ChPT halt
- PLL may raise Rs 1,700 cr for Dahej terminal project
- Dinesh K. Lal reappointed Trustee on recast JNPT Board
- Sima urges cotton imports through Tuticorin Port
- Assocham recommends dedicated fund, tax holiday for highways development
- 28 FDI proposals cleared
- PM hints at further hike in customs duty on farm products
- Oil trade hails new import norms
- Change in RBI’s data collection format of exim services mooted
- Planning Commission lowers 10th Plan economic growth target to 8 pc
- 100 pc FDI allowed in shipping sector - Govt opens up airports, pharma sectors
- RBI tells banks to reschedule coffee loan repayments
- Sinha to address slowdown
- CII to set up 25-member ‘think tank’
- 6 new faces on Exim Bank board
- CII organising mission to Tunisia & Morocco in June
- Senior DGFT port officers to help DGAD fight dumping cases
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| MAY 10, 2001 |
- Italy and Malta with good avails and demand
- Slower week in Istanbul
- Fuel shortage in Las Palmas
- Gibraltar congestion eased this week
- Availability improving after tight week in Piraeus
- Iraq renews oil-theft accusations against Kuwait
- Singapore spot prices ease as some think avails are improving
- Taiwan very tight, Hong Kong avails improved
- Balanced Korean market this week
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| MAY 11, 2001 |
- Contship Containerlines joins Med Pac Conference
- Grimsby & Immingham
- BV develops «revolutionary» model of 12,500-TEU containership
- Cosco
- Hanjin Shipping
- Stena more involved in the Irish Sea
- Scandlines AG «satisfied» with 2000
- United Alliance without Cho Yang vessels
- EU sea ports to be integrated in TEN
- Danzas: High turnover, not enough profit
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| MAY 10, 2001 |
- Kurz continues cutting Seabulk losses
"While we have not yet achieved bottom-line profitability, which remains our number one priority, we did post solid quarter-over-quarter gains," said President and CEO Gerhard E.Kurz, reporting first quarter results for Seabulk International, Inc.
- Sembcorp Marine unit invests in Brazil yard and bags FPSO conversion order
SembCorp Marine Ltd subsidiary, Jurong Shipyard Pte Ltd. (JSPL), will be investing about US $8.8 million in newly formed joint-venture company, Mauà Jurong S.A. in Rio de Janeiro
- South Korea plans strong WTO defense
Today's South China Morning Post reports officials in Seoul as saying that the European Commission will face a strong defense from South Korea if the commission takes World Trade Organization action against that country's shipbuilding practices.
- New deepwater drilling record
Transocean Sedco Forex Inc.says it set a new world record for ultra-deepwater drilling when the company's Discoverer Spirit drillship spudded an exploration well in 9,687 feet of water in the Gulf of Mexico
- Strong quarter for Conrad
First quarter results for Conrad Industries, Morgan City, La.were the "best from operations since the third quarter ended September 30, 1998," said president and CEO William H. Hidalgo
- Mosvold board takes Frontline offer
Members of the board of Mosvold Shipping have sold all their shares to Frontline.
- PGS in gas-to-liquids venture
Petroleum Geo-Services has signed a letter of intent to pursue a joint venture to develop, market, and operate mobile marine production facilities, based on Syntroleum’s proprietary gas-to-liquids (GTL) technology.
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| MAY 11, 2001 |
- French line to re-enter SA trade
- Portnet hits undervalued cargoes
- Duty Calls!
- Vehicle exports rise by 50%
- Illegally parked trucks create toll plaza hazard
- Mercedes exports through EL rise 3000%
- MACS marks 21 years with a promise of further investment
- SARS clamps down on 'late' bills of entry
- Youth epitomises MSC fleet
- Zimbabwe now demands a carbon paper tax
- ACR gets into trucking
- Airline withdrawals threaten GSAs
- Red tape keeps African Star grounded
- Withdrawing airlines throw charters a lifeline
- Hyenas and wild dogs pack S America flights
- Das brings on DC10
- Airline/forwarder venture doubles turnover
- BA boosts cargo capacity
- Das strengthens SA cargo hub
- Corruption allegations beset new Swazi highway
- SA hauliers plan to give Zambia its own medicine
- Empowerment company gets aggressive
- Maersk makes SAECS identity statement
- CGIC will look after short-term credit insurance
- 'Owning' the customer's delivery chain is the focus
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| MAY 10, 2001 |
- Port of Olympia readies for 5th Annual Swantown BoatSwap & Chowder Challenge on Saturday, May 19
- Port of Tacoma reduces electrical usage 18% following 14-point strategy plan
- Port Seattle approves design for $92 million renovation of Central Terminal at Sea-Tac
- Vessel leaks bunker oil at Port of Portland's Terminal 4 while discharging bulk fertilizer
- Union Pacific to spend $3.65 million on six projects for Tacoma-Seattle freight system
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| MAY 11, 2001 |
- Mosvold board rolls over for Frontline
MOSVOLD Shipping’s board capitulated to John Fredriksen yesterday as he pushed Frontline’s share price to an all-time high after capturing a controlling stake in the small Norwegian tan...
- Class societies to defy critics over link-up
LLOYD’S Register, American Bureau of Shipping and Det Norske Veritas look determined to link their role in issuing safety management certificates to the classification of vessels despite...
- Award chance to bury the hatchet
It was a perfect opportunity to clarify a few misunderstandings, writes Rainbow Nelson. The award to Royal Olympic Cruises and Blohm+Voss for the Olympic Voyager ...
- Intertanko chief issues salvo on ship safety
OUTGOING Intertanko chairman Westye Hoegh has aimed a parting shot across the bows of the existing regime determining the standards of ship safety, asserting that there remain key obstacles to Inte...
- Token resistance a change for shipping tycoon
By John Fredriksen’s standards, Mosvold Shipping proved a soft touch. His 44%-owned Frontline has pretty much tied up the Mosvold takeover in just over two weeks following token resis...
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| MAY 10, 2001 |
- ICS applauds IMO but not class
- Deductibles system 'needs reform'
- Mosvold joins Frontline fold
- Korea warns EC over WTO move
- Oil leaking from sunken ship
- S’pore yard merger rumours heighten
- Move to block Wilhelmshaven bidders
- SembCorp takes control at Maua
- Manzanillo, Colon box share slips
- Iran plans Bandar Abbas expansion
- What price quality? asks Fairplay
- Stranded crew begs Cambodian help
- Bremerhaven 'muddying waters'
- Philippines releases pirated ship
- Indian unions call ports strike
- Trinidad steps on the gas
- India eases foreign ownership curbs
- Hanjin terminal lights up
- San Diego lures Dole from LA
- Call for South Africa tonnage tax
- Panama bans importer over FMD
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| MAY 11, 2001 |
- TNWA annonce un quatrième loop Asie-Europe en direct sur Anvers
Il en était question depuis quelque temps déjà. Maintenant, c’est officiel: The New World Alliance (APL, MOL, Hyundai) annonce un quatrième loop entre l’Asie et l’Europe. Ce service hebdomadaire à jour fixe sera exploité sous le nom de NEX (New Europe Express). Il sera animé par une flotte de 8 PC, dont trois alignés par APL, d’une capacité unitaire de 3.800 TEU et 5 de 4.150 TEU alignés par Hyundai.
- La présidence belge “Transports” sera axée sur la mobilité durable
Il ne faudra pas attendre d’initiatives percutantes de la part d’Isabelle Durant, la ministre belge des Transports, lors de la présidence belge du Conseil de l’Union européenne. Elle tentera de faire aboutir les dossiers que la présidence suédoise ne sera pas arrivée à conclure et poursuivra les chantiers en cours. C’est ce qu’elle a annoncé lors d’une conférence de presse jeudi à Bruxelles. L’attitude de la ministre peut être qualifiée de prudente. De ses propres mots, elle a dit qu’elle veut “concilier ambition et réalisme”, tout en faisant preuve d’”enthousiasme et d’ambition”. Les accents seront placés sur la mobilité durable, et plus particulièrement la protection de l’environnement
(avec l’intermodalisme comme un des points principaux), la sécurité des transports et de meilleures conditions de travail pour les professionnels du secteur.
- Le désenclavement fluvial des ports côtiers sera un travail de longue haleine
L’étude sur l’impact sociétal (MaIS - Maatschappelijke Impactstudie) qu’a fait réaliser l’Administration flamande des Voies navigables (AWZ) sur le désenclavement des ports côtiers flamands du côté fluvial est terminée. Elle propose six alternatives au gouvernement flamand. Toutes ont été évaluées en termes d’accessibilité, d’impact sur l’environnement, de gestion des eaux et d’impact sociétal. Trois d’entre elles supposent des investissements considérables dans l’aménagement ou l’adaptation de voies navigables. L’AWZ ne fait pas de choix entre les différentes options. Cette tâche revient au gouvernement, qui ne devrait en principe recevoir le dossier que dans le courant de 2003. Cette étude
ne constitue donc qu’un tout premier pas dans un processus de décision qui durera encore quelques années.
- Le terminal Ceres à Amsterdam mise sur une technologie et une informatique avancées
“Ce terminal que nous allons mettre en service à Amsterdam, de par sa conception révolutionnaire, sera le meilleur du monde jusqu’à ce que quelqu’un d’autre l’imite. Grâce à cet outil, les PC de 7.000 TEU ne resteront pas long temps au port, leur objectif étant de gagner de l’argent en mer”. C. Kritikos, patron du groupe américain Ceres, exploitant de 14 terminaux à containers aux USA, au Canada, qui occupait mardi dernier la tribune du Propeller Club d’Anvers, s’est montré résolument optimiste en ce qui concerne ce nouveau terminal qui entrera en service en juillet prochain et qu’il a baptisé “Ceres Paragon”, ce dernier signifiant unique en son genre.
- Mærsk Sealand intéressé par la deuxième Maasvlakte
Mærsk Sealand a manifesté son intérêt pour une présence sur la deuxième Maasvlakte. John Verschelden, le directeur-général de Mærsk Sealand, a confirmé au quotidien néerlandais Financieele Dagblad que des négociations sont en cours. L’armement pourrait devenir le premier client de la deuxième Maasvlakte, mais Verschelden précise qu’il y a encore trop d’incertitudes concernant l’aménagement de l’infrastructure et la gestion du port à l’heure actuelle.
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| MAY 10, 2001 |
Maritime Contract News
- NNS Squabble Seen Settled In Washington
Breaking News
- Conoco Forms GOM Shuttle Tanker Alliance
- Jurong Wins $80M FPSO Conversion From Kellog Brown & Root
- NNS Squabble Seen Settled In Washington
- Saudi Arabia To Raise Output
- Frontline Surges 5% On Solid Results
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| MAY 10, 2001 |
- Northrop's ratings on negative watch
The shipbuilder's financial flexibility was already constrained before the Newport News initiative.
- Intermarine orders two more
New vessels are to cater to the bullish long-term prospects in the project cargo market.
- Seabulk Tankers goes east
The tanker operator will complete move to Port Everglades Friday after closing shop at Port Arthur.
- Conoco revives US tanker construction plan
The oil major found new partners for its US shuttle tanker building plan after Maritrans pulled out last year.
- Seabulk trims net loss by 44%
The Florida-based company made strong quarter-on-quarter gains despite posting a loss.
- SRAB continues in the red
The Swedish tanker owner couldn't translate higher revenue into profit in the first quarter.
- BG's LNG ships turn in big profits
Gas giant BG Group has been creaming $2m a month from Osprey Maritime's four LNG carriers.
- Frontline shares soar on Mosvold victory
Battle for independence over as tanker king John Fredriksen wins again.
- Alleghany quits marine treaty reinsurance
Syndicate 376 restructures at Lloyd's but Rupert Atkin keeps hull and war focus.
- India throws open doors to foreign investors
Foreign investors are going to be given a free rein in the Indian shipping sector.
- New World Alliance adds two port calls
The MOL, HMM and APL container line is beefing up its Atlantic Pacific Express service.
- Jurong details stake in Brazilian yard
Singapore shipyard has secured a conversion project for its new baby.
- ICTSI wins Brazil port
The Philippines port operator has won the right to run Suape and may list its overseas operations.
- Friede Goldman Halter lays off 1,000 workers
First major redundancies announced at troubled US shipbuilder.
- Isle of Man ferries break freight record
Sea Container's Steam Packet Company continues to push up Irish Sea volumes.
- MOL boosts car carrier orderbook
The Japanese owner has ordered a further car carrier at a domestic shipyard.
- Cal Dive acquires Bergen Viking
Houston shipowner picks up marine construction vessel.
- Shell tanker in fishing boat collision
Fishing boat sinks after collision off Malaysia.
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