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| JULY 11, 2001 |
Shipping News
- Soaring tanker orders fan fears of over-supply
AFRAMAXES are leading the pack in a big increase in tanker orders during the first half of 2001, prompting concerns of over-supply.
- Pan-United bags US$15m deal to design, build offshore vessel
- Oil tankers may face safety inspection overhaul
Air and Land Transport
- New pay package to cost HK$200m a year
CATHAY Pacific Airways said yesterday that the new pay package it offered its pilots will cost the company more than HK$200 million a year, even as analysts estimate that the industrial action currently taken by its pilots will cost the airline more than HK$220 million a month.
- Revamped, profitable Air China seen as attractive to investors
- Thai Air to name new president by end-Sept
- Bombardier wins US$1.68b Northwest plane contract
- Alitalia holding talks with Air France, Delta on alliance
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| JULY 10, 2001 |
- WSC supports USCG charterer move
The World Shipping Council has given conditional support to a Coast Guard proposal to add charterer information to Notices of Arrival.
- Korea yards brace for EU action
The European Union is expected to file a formal complaint with the World Trade Organization over alleged subsidy abuses by South Korea.
- Cathay fires more pilots; cargo intact
Freighter services are operating normally even as a dispute with pilots forced the cancellation of passenger flights.
- India security dispute entangles US airlines
U.S. airlines are bearing the brunt of a spat between Indian air forwarders and the country's aviation security regulator.
- USF Worldwide managing parts for Boeing, RAF
- FMC wants high court review of S.C. discrimination case
- Yang Ming's U.S. agent names Ho president
- Airborne Express, printers in alliance
- Maersk Air taps Pace Air Management
- Dedicated Logistics names business development execs
- Andrew Gibson, former maritime administrator, dies
- BDP International, G-Log in 10-year deal
- APL opens trans-Atlantic link with Caribbean, Central America
- Alitalia signs with SkyTeam carriers
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| JULY 11, 2001 |
- Southern China plans largest logistics base
- Law firm advice to shipping industry
- CSX launches interactive web site
- CP Ships takes on Canna
- Conterm carries direct from Atlanta to Israel
- Airlines see less competition in US, UK market
- Airborne launches Small Business Center
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| JULY 10, 2001 |
- Alitalia to joint Skyteam
- 'Heaven sends Russian cargo ship miracle to survivors of aircraft crash'
- Dutch directors to leave Deutsche Post
- Cathay sacks 49 pilots
- APL opens Trans-Atlantic link with central American connection
- Maersk Air awards global cargo GSA contract
- Schenker automotive contract in Asia
- Railtrack chief ashamed with salary
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| JULY 11, 2001 |
- APL opens transatlantic link with Caribbean, C. America
- Maersk India, Soaltee Group sign JV pact in Nepal
- CSAV takes stake in CCNI; strengthens S. America W. Coast trades
- United Arab Shipping Co. doubles net profit to $ 41 million in 2000
- Ecu-Line reveals SA growth plans
- Lloyd’s Register in joint launching of ship safety management system
- Thailand plans to privatise main ports
- Third of six Hamburg Sud vessels christened
- P&O Nedlloyd to upgrade Brazil feeder
- OOCL augmenting fleet with ships of 7,400-TEU capacities
- NYK Line opens new warehouse, trailer yard in US
- PTP aims to be international hub with up to 50 berths
- Moller signs for 3 post-Panamax gantry cranes
- Maersk Sealand takes delivery of Jeppesen Maersk
- Cp Ships appoints Corporate Communications Director
- CMA-CGM re-enters SA scene through agreement with Chile’s CSAV
- P&O Ports opts for Kalmar RTGs
- Sydney to develop land at Port Botany
- PTP’s container volume up 40 per cent in Q2
- Singapore yards to merge in 12 months
- Ignazio Messina adds Maputo call
- Kalmar’s new Shuttle Carrier for post-Panamax ships
- Ajman port to be privately managed
- Maritime awards function to be held in Hong Kong
- DNV developing box loss tracking system
- ANZ and ABB in ship finance link-up
- Indonesian firm to stop buying Indian wheat
- Ficci urges opening of Wagah border for trade
- Sugar exporters indifferent to Iraqi tender for 60,000 tonnes
- Minimum purchase quantity of rice lowered to 2,000 t.
- Ministry asks NHAI to take up Vizag Port-road project
- TAMP rules out any concession in charges for coastal cargo traffic
- Service tax of 5 pc on ports w.e.f. July 16
- Prakash Shendge receives Trade Leaders Club’s ‘Top Transporter Award’
- Fin. Ministry sets up working group on Customs duties
- Opportunities for Indian industry in WTO regime seen
- DGFT notification on norms for 87 export items
- Fin. Min. pins hope on service sector to boost GDP
- India, Iraq agree to co-operate in shipping and ports sectors
- CII show in Johannesburg from July 18 to 21
- Instt for Logistic Studies’ workshop on July 13, 14
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| JULY 10, 2001 |
- Iraqi loadings resume
- Estimar barge back in service at Montevideo/Alpha Zone
- Singapore fuel oil prices seen little changed in active market
- Bunker market report from Russian ports
- Bakri's bunker barge set to load at Ras Tanura this week
- Iraqi oil exports set to resume this week
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| JULY 10, 2001 |
- Roadway: profit drops during 2nd quarter
- Descartes Systems Group
- Hudd Distribution Services: new facility
- UPS renews contract with Tractor Supply
- FedEx profits plummet
- Air India aims to be in the black
- Target Logistics Services
- Green light for mail joint venture
- NACA
- Award for BAX
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| JULY 10, 2001 |
- Candies places OSV orders
Otto Candies, LLC, Des Allemands, La. has signed a contract with Bender Shipbuilding of Mobile, Ala. to construct three 240-ft., 3,000 dwt maximum capability offshore supply vessels.
- Oslo listing for Golar
Golar LNG Limited, a company associated with Frontline Ltd.'s main shareholder, John Fredriksen, will be listed on the Oslo Stock Exchange on Thursday, July 12
- Australia seeks new patrol boats
Australian defense minister Peter Reith has announced a Request For Tender for replacements for Australia's 15 aging Fremantle class Patrol Boats
- Training for LNG terminal "Persons-In-Charge"
Maritime Institute of Technology and Graduate Studies (MITAGS) and Pacific Northwest Maritime Institute (PMI) Seattle, Washington, have developed a five-day "Shoreside Persons-In-Charge (PIC) Course" for the operators of the Elba Island LNG Terminal
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| JULY 11, 2001 |
- Trieste court to rule on ADCL vessel
A TRIESTE court is expected to rule on the future of the ADCL Salwa over the next few days after a hearing yesterday to confirm the arrest of the 1,388 teu ship, writes Giovanni Paci and Janet Port...
- Iraq turns on the oil taps
IRAQ’S decision to reopen the taps on its oil exports through its Persian Gulf and Mediterranean terminals has given the big crude tanker market a much needed lift, but brokers have warned ow...
- Panama ‘issued Ocean Glory I papers’
UNAUTHORISED safety certificates for detained cruiseship Ocean Glory I - withdrawn by flag state Panama last week - were issued by the New York office of the Panamanian registry itself,...
- Cho Yang goes back to roots in Asia
CHO Yang has returned to its roots in the South Korea-Japan trade as it starts from scratch to restart its first service after filing for court protection at the end of May, writes Matthew Flynn, T...
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| JULY 10, 2001 |
- Speculation over new reefer star
- Lakes cruise company folds
- US ports losing battle, says WSJ
- San Jose oil pact to be renewed
- Corn blockade threatened in Mexico
- Tirrenia boss backs privatisation
- Human rights body probes Coega
- Spanish tonnage tax 'likely'
- Typhoon damages hijacked ship
- Kandla sparks anti-P&O lobby
- India and Iraq sign maritime deal
- Lang mum on PSA take-over rumours
- Korea to curb coal mining
- Chile takes EU to WTO over fishmeal
- Belize dredging gets green light
- Plan to explore Med-Mex link
- Investors unmoved by Genmar
- Chittagong strike called off
- Asia-Pacific training pact formed
- Miners set up ship vetting scheme
- Dubai, Beirut head for arbitration
- New class societies accredited
- Drugs bust at Evergreen Colon
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| JULY 10, 2001 |
Maritime Contract News
- BAE and Vosper Thornycroft To Divvy Up 45-Ship Order
Breaking News
- Grand Bahama Shipyard Floating Dock Departs Cascade General
- NKK, Kawasaki Tap Top Investment Banks To Negotiate Merger
- Economic Slowdown Contributes To NOL's Downgrade
- MAAG to Supply Gearboxes for IZAR-Built Norwegian Naval Vessels
- India's Coastguard Saves Abandoned Cargo Ship Crew
- $35.4 Million Dredging Contract Will Provide Post Panamax Access at Dubai Port
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| JULY 10, 2001 |
- Golar LNG comes out fighting
John Fredriksen's "floating pipeline" warns its may sue Poten as it issues prospectus.
- Nordic American doubles profits
Tanker owner Nordic American is flagging up strong profits and dividend payments despite slower tanker returns.
- Hoegh, MOL & K-Line scoop Snøhvit LNG ships
Front-runner Bergesen has missed out in the final round for Statoil's four LNG newbuildings.
- Punters eye up Dabhol LNG vessel
Problems with India's Dabhol power plant project will leave an LNG newbuilding with no work ... or will it?
- Volgotanker opens Danish broking unit
Russian owner Volgotanker is branching out with an overseas office.
- Fred. Olsen bumps up day rate
The Norwegian firm's shuttle tanker Knock Dee will stay on in South Africa for at least another year.
- Hong Kong lands big fish
Uniglory and Wan Hai vessels failed port state control inspections in Hong Kong in June.
- Tankers set to resume Iraqi loadings
Oil exports from Iraq are expected to start again today, boosting a flagging tanker market.
- Malaysian owners press for company law reform
Shipping chiefs want an end to restrictions governing how many companies they can set up to own vessels.
- Banks split on Genmar prospects
The joint underwriters of General Maritime's New York IPO are split over prospects for the company.
- ValuShip in deal with Grays Harbor
New Klaus Glusing venture aims to use Washington port.
- Unithai scraps another tweendecker
The Thai shipowner continues to sell its older vessels.
- ITF wins funds for Ocean Glory 1 crew
Transport workers federation recovers wages and 'fees' paid to a manning agent.
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