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| JUNE 12, 2001 |
Shipping News
- Hongkong throughput climbs while Singapore's slides
SINGAPORE ports have suffered their fourth monthly drop in container volume throughput, in contrast to Hongkong, which achieved 4 per cent first quarter-on-quarter growth, firming its position as the world's busiest.
- Sydney to develop land at Port Botany
- N America sets up port state control
- S'pore tanker owner fined
- DNV developing box loss tracking system
Air and Land Transport
- Need for Asia-Pacific airports to diversify, privatise
AIRPORTS in the Asia-Pacific region must privatise and diversify in order to meet the growing demands of carriers and travellers, but face major regulatory hurdles, industry experts said yesterday.
- Cathay Pacific to resume flights to China
- Ansett expected to chalk up annual loss of A$400m
- EgyptAir to respond to report on 1999 crash
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| JUNE 11, 2001 |
- Gulf Coast recovering from storm
The Houston Ship Channel was reopened Monday after being partially closed over the weekend due to heavy flooding in the region caused by Tropical Storm Allison.
- STB unveils rail merger rules
The new rules follow the abortive 2000 link-up between Burlington Northern Santa Fe and Canadian National.
- Korean airlines brace for strike
The carrier will cut six of 18 cargo services, and most of its 240 domestic flights.
- NWA adds call to Port Kelang
The New World Alliance on Tuesday will add the Malaysian port to its Asia-Europe westbound service.
- Danzas opens Sweden warehouse
- Hellmann relocates in Los Angeles, Chicago
- UPS adds expedited services to Latin American markets
- Hyundai Merchant Marine upgrades fleet
- Thousands rally for 'Charleston 5'
- GE SeaCo., insurer form CIS alliance
- United names Gibson cargo VP
- Customs to launch ITDS
- Unions plan S.C. protest
- Lufthansa, pilots settle
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| JUNE 12, 2001 |
- No agreement on midstream fee, shippers stress
- Electronic port for China
- DCL adds Marseilles service
- IATA looks to restructure industry safety
- Buyers and sellers get online discussion forum
- Loi is UPS' new top man in Hong Kong
- TAM, TNT ink Brazil agreement
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| JUNE 12, 2001 |
- New ship sails Lakshadweep-Cochin sector
- India, NZ to join hands in food processing sector
- Textile exports weave 5-yr best performance of 8.6 pc growth in 2000-01
- Delhi will prefer US imposing QRs on Indian steel to high duty
- US slowdown may lead to lowering of silk goods export target
- SOPA moots cess on imported oil to create ODF
- Assocham moots steps for port sector reforms
- Hike in Calcutta Port THCs will hit exports: Fieo chief
- Workers at Chennai Port container terminal on go-slow again
- Rlys volume discount scheme norms in for change
- Transfer pricing: CBDT may come out with clear norms
- Credit-rating may be made mandatory even for state-promoted SPVs
- Value cap, DBK cuts will hit exports: Texprocil
- Inflation moves up
- Deemed export benefit to 2 power projects
- Forex reserves up by $ 88 m
- Goa GoM to speed up core sector projects
- Expert panel suggests Rs 2,000-cr infrastructure development fund for SSIs sector
- Ministry of Finance may effect some changes in DBK rates
- Forex reserves declined by $ 5 million to $ 42,824 million
- Iraq seeking 2 lakh t. sugar
- Precooling of reefer containers
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| JUNE 11, 2001 |
- Slow week-start in Fujairah as fuel oil jumps by $3
- MDO prices on the rise in storm-ravaged Houston
- Korean bunker market seen only marginally firmer
- Louisiana Offshore Oil Port expected to clear by mid-week
- Italy to extend single-hull ban?
- Bunker prices for Brazilian ports
- Singapore bunker market struggles to keep up as cargo values rise
- Venezuela planning to increase refining capacity
- Crude oil rises almost 2% following floods in the US Gulf
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| JUNE 12, 2001 |
- Plans for industrial centers near airports
- Campinas: New name, new impetus
- Transbrasil: loss in fifth year
- Varig/Variglog: opening performance and move
- SC&RA's first appearance in Europe
- Rodair rolls out record weight
- CargoSmart outsources to Hewlett-Packard
- Outsourcing of different services
- Boehringer chooses Exel
- NS opens modern new terminal
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| JUNE 11, 2001 |
- Seattle Trade Development Alliance plans trade mission to Germany and Eastern Europe
- Bellinghamairport now offers non-stop flights to Reno and Las Vegas on weekdays
- U.S. railroad freight traffic slightly off in May 2001 compared to May 2000
- Washington State group attempting to fund train service from Auburn over Stampede Pass
- Port Vancouver, USA generates 5,500 jobs and $1 billion in personal /business income each year
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| JUNE 12, 2001 |
- OSG shares for sale as Recanatis let go
ABOUT 15% of the shares in Overseas Shipholding Group, the US’ largest tanker operator, are for sale as the Recanati family loosens its long-time hold on the company. Up to 5.75m share...
- US Coast Guard keeps Russian registry at bottom of the class
RUSSIAN Maritime Registry of Shipping has been placed on the US Coast Guard list of the world’s worst classification societies for the second year running. So-called ‘priority on...
- Transroll to abandon Brazilian coastal trade
in Sao Paulo CONTAINER line Transroll Navegação is pulling out of Brazil’s coastal trades and chartering its two coastal carriers to competitor Alianca. Locally owned Trans...
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| JUNE 12, 2001 |
- L’ESPO plaide pour une directive portuaire européenne réaliste
La future directive européenne sur la libéralisation des services portuaires fera sûrement encore couler beaucoup d’encre, au fur et à mesure que les discussions se poursuivront sur ce texte, que devra approuver le Parlement européen. A la fin de la semaine dernière, Oslo a été le théâtre d’une importante réunion des membres de l’ESPO (European Sea Ports Organisation), qui ont tenté de prendre position vis-à-vis de la proposition de la Commission. La principale conclusion qui se dégage de cette réunion, est que de sérieuses divergences d’optique existent entre ports du Nord et du Sud de l’Europe sur ce dossier, mais que tous sont d’accord pour considérer que le document en question doit faire l’objet d’adaptations.
- TLF exige une politique cohérente
L’assemblée générale extraordinaire de TLF, la Fédération des entreprises de transport et logistique de France, s’est déroulée à Paris le 7 juin, et a été l’occasion d’un vaste tour d’horizon des enjeux de la profession: déséquilibre rail/route, difficile équation des impératifs économiques et sociaux, handicaps au développement des différents modes de transport.
- La SNCB entame la séparation des trafics marchandises/voyageurs
Les huit kilomètres de la ligne 147 entre Fleurus et Auvelais peuvent paraître insignifiants par rapport aux centaines de kilomètres de lignes nouvelles pour les TGV en France, en Belgique ou aux Pays-Bas. Mais pour la SNCB, la réouverture de cette ligne (une première depuis plus de vingt ans) est très importante, car elle est le prélude à une séparation du trafic marchandises et voyageurs sur un des plus importants axes de trafic de la SNCB.
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| JUNE 11, 2001 |
- Houston Ship Channel Reopened
- Iorizzo Named President of Northrop Grumman Group
- Hornbeck-Leevac Expands Tug and Barge Fleet in Northeast U.S.
- Suez Canal Receipts Down $159M
- Hyundai Merchant Stock Rises
- Hong Kong Cargo Flow Up 8%
- Kelvin Hughes Offers Nucleus 3 Radar Series
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| JUNE 11, 2001 |
- OMI may have snapped up two panamaxes
The price tag of $41m for each tanker is sharply higher than Eletson's newbuilding order.
- ICCL issues new environmental standards
The is a followup to a similar set of standards on marine safety issued in February.
- OSG to make public offering of 5m shares
OSG share price has come off the high of $37.50 recently to about $32.50.
- Genmar set for IPO Monday
The issue price for the shares is pegged at $17-19 per share, with the aim to raise $135m.
- Houston shipping channel reopens partially
Only towing and barging are allowed to move outbound, while shipping traffic is limited to inbound.
- Frontline team moves in on Mosvold
Norwegian tanker king John Fredriksen consolidates control of Mosvold at annual meeting.
- Swedish investors eye Varna Shipyard
Bulgaria's troubled Varna Shipyard may be about to get a new angle on survival.
- GulfMark slashes UK tax bill
Offshore operator set for big savings as it adopts tonnage tax system.
- Double trouble for bulker
The US has finally revealed its April detention list, with the same ship cropping up twice at two different ports.
- Alaska passes cruise bill
The state authority will have access to water testing and discharge records of cruise ships.
- IMO expands "white list"
The approved pool of seafarer-supplying nations has grown, but the Middle East remains largely ignored.
- Chinese breakers snap up Falcon
ExxonMobil has opted for a less lucrative VLCC scrap sale to appease environmentalists.
- Troubled service seeks larger ferry
Second detention may lead to Greek ro-ro being replaced.
- HMM brings in troubleshooter
Hyundai Merchant Marine has hired Credit Suisse to advise on debt management.
- Court rejects tanker rescue bill claim
Romanian authorities say they have no authority to act on non-payment of rescue costs for the tanker Mesta.
- US slowdown to hit Matson
The US-Hawaii container line has warned that second quarter profits are looking weaker.
- Man dies at Keppel Hitachi Zosen
Worker killed in industrial accident at Singapore repair yard.
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