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| JUNE 13, 2001 |
Shipping News
- Noble Group to set up fleet management firm in S'pore
COMMODITIES trade giant Noble Group will set up a Singapore-based fleet management company this year, duplicating its growing Hongkong-based 51 plus ship service.
- Hutchison eyes more Philippine ports to develop
- Pan-United yard wins US$38m order
- Stolt-Nielsen unit PrimeSupplier takes over OneSea
- Lloyd's Register in joint launching of ship safety management system
- MOL to pay 480m yen in back taxes, fines
- Salvage operation of Ievoli Sun over
Air and Land Transport
- Tight foreign ownership limits on Aussie airports to stay
REGULATIONS covering Australian airport charges may soften but tight foreign ownership limits will not change, a senior Australian Government adviser said yesterday.
- Weaker airlines forecast to fold up
- World airlines hampered by rising fuel prices
- Korean Air, Asiana strikes disrupt flights
- National Airlines still talking to Icahn about bailout
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| JUNE 12, 2001 |
- Terminals seize Cho Yang boxes
As the peak shipping season approaches, Cho Yang's leased containers are piling up at West Coast terminals.
- SupplyLinks folds
The dot-com, which specialized in finding the best routes for a shipment at the lowest landed cost, closed after it was unable to secure adequate financing.
- Chinese WTO torture
After China and the U.S. reached agreement on China's admission to the World Trade Organization, China's accession this year is possible, but by no means assured.
- Rail traffic flat in May
Heavy coal shipments boosted lackluster carload freight for U.S. and Canadian railroads in May.
- Fuel torched airline profits: Report
- Intermarine, ATL join on breakbulk
- Exel names Takavitz president of worldwide technology
- Strikes batter KAL, Asiana
- Lufthansa pilots to vote on deal
- BAA airport cargo slides
- CP Rail forms investor relations unit
- Gulf Coast recovering from storm
- MOL adds Japan-Hong Kong/Straits loop
- STB unveils rail merger rules
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| JUNE 13, 2001 |
- Mid-stream coupon proposal unnacceptable, say shippers
- New surveillance system to reduce loss of containers
- Commodity import ban for Yemen
- Air-City expanding service network
- DOT slaps fine on Air New Zealand
- Footstar and Maersk Logistics sign 5 year contract
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| JUNE 12, 2001 |
- BA and KLM renew cooperation talks
- Frankfurt airport shares rose 1 per cent
- Terminals seize Cho Yang containers
- Boeing to offer e-mail with United, Delta and American
- Roger Gibson Cargo VP of United
- Profit warning Hays Logistics
- Airline industry profits fell in 2000
- Swissair shares dive again
- Heathrow cargo down by 5 per cent
- New US rail merger rules
- Vantico Transfers logistics to Panalpina
- Transroll no longer in Brazilian coastal lines
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| JUNE 13, 2001 |
- Registration and use of MTD made mandatory - DGS notification on Multimodal Transportation Goods Act
- Contship Containerlines enters trade between Asia & the Med
- Panama canal tonnage up
- Thierry Le Roux appointed OTAL MD
- Hanjin celebrates 24th anniversary
- Unicorn provides Maputo service
- Evergreen shifts Med hub to Taranto
- Hutchison International project to double capacity at Korean port
- APL to pioneer safe cargo system
- AP Moller’s Svitzer buys Wijsmuller
- Now, Cargoarena.com
- HMM lines up boxship orders
- Pro Line aims for increased frequency
- Korea aims to be fifth-largest maritime power
- NYK Logistics Technology Institute opens website
- Korea plans online shipping portal
- Restoration of Asia-South Africa freight rates to be introduced
- Dammam port breaks records
- Lloyd Triestino launches Japan PSW service
- Hong Kong Shipping Register stands at 11.72 million grt
- MISC lines up giant boxships
- Stena Line adds two to Baltic Sea fleet
- China launches e-port system
- CII taking out mission to CommunicAsia 2001
- Mandatory certification for export of organic farm products
- Exports to France up by 26 pc: Envoy
- UP major transit route for meat export
- Drawback rates: Exporters optimistic after meeting Textile Minister
- Tyre makers plea to lift rubber import ban
- 30 lakh t rice to be exported this fiscal
- Grain cleaning facilities to be installed at Kandla, Vizag ports: Minister
- Iran mandates BHP to study onshore gas pipeline to India
- ChPT Board approves handing over of box terminal to P&O Ports
- Finalise SEZ norms in 3 months, Centre tells States
- Optimism on double digit export growth
- Coffee Board finds retention plan unviable
- Response from ex-im trade encouraging: CESC chief
- Drawback cut a ‘bodyblow’, say leather exporters
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| JUNE 12, 2001 |
- ARA bunker market unaffected by Antwerp refinery fire
- Rodriguez: OPEC to secure oil supply in July
- Bakri to start operations in Dammam
- Singapore prices slip back after Monday's cargo increases
- O.W. fully operational in Estonia again
- IEA report calls for more oil despite stock build
- Indonesia to leave OPEC in 2005/6?
- BP wants out of Singapore refining as woe continues for Asian refinery margins
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| JUNE 13, 2001 |
- Roadway Corporation
- CP Rail expands intermodal terminal facilities
- Bloom off the E-commerce rose ...
- Qantas and Air New Zealand
- Samudera Shipping Line
- Hutchison Whampoa
- Exel transports jeans
- HPH expands its empire
- Tema: small port, big ambitions
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| JUNE 12, 2001 |
- Cheniere plans Texas LNG terminals
Cheniere Energy Inc.is acquiring three land lease options to developing Liquefied Natural Gas terminals along the Texas Gulf Coast.
- Northern Offshore plans drill ship acquisition
Norway's Northern Offshore Ltd. announced a private placement for the purpose of acquiring the drilling vessel Energy Searcher
- Panama approves MITAGS STCW training
The Director General of Training for the Panama Maritime Authority has approved accreditation of MITAGS’ STCW95 training courses.
- New CEO, new ship for Silversea
As Silversea Cruises, Ltd.prepares for delivery of Silver Whisper, its owners, Italy's Lefebvre family, have completed a restructuring of its family holdings.
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| JUNE 13, 2001 |
- EGL has landed!
- Grincor buys Ellerman & Bucknall
- Container overloads happen the world over
- Spoornet and unions reach agreement
- Transport good for GDP
- Duty Calls!
- Oosthuizen looks forward to good fruit season
- Exel South Africa makes a bold entry
- Ageing supply vessels to be sold
- CAA sanctions 'illegal' fee structure
- Turkish adds capacity
- New scheme guarantees pristine reefer exports
- CAA rejects Cape's 'free skies' plea
- Insurers question practical value of newly unveiled crime stats
- Embattled Zimbabwe hikes import tariffs
- US threatens to ban steel imports
- Long-term boarders extend their stay
- Workshops will spell out roadfreight training standards
- Road finance will speed up border post operations
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| JUNE 13, 2001 |
- Explosion tears huge hole in VLCC Heng San
A 1977-built Ocean Tankers VLCC was rocked by an explosion yesterday in the Arabian Sea northwest of India’s Laccadive Islands. Although no casualties were suffered, the master of a No...
- Who will grasp the nettle now that a good friend to shipping is moving on?
The UK’s new shipping minister is likely to come from the ranks of three new junior transport ministers — David Jamieson, Alan Whitehead and Sally Keeble. Shipping ministers norm...
- Japanese in China LNG talks
Three leading Japanese shipping companies have China’s first liquefied natural gas import project in their sights and are discussing a joint venture with China Ocean Shipping, the nation...
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| JUNE 13, 2001 |
- ICF table sur une reprise de la croissance en 2001 grâce à ses nouveaux produits
Nous avons pu constater que la stratégie de la croissance, axée sur la rentabilité, commence à porter des fruits dans le transport combiné rail-route. Les nouveaux produits que nous avons placés sur le marché ont été un succès. Dautre part, nous avons dû constituer une provision à hauteur de neuf millions dEUR pour les activités Frigo, opération qui a entraîné une perte nette de 1,1 mio. dEUR pour Intercontainer-Interfrigo. Tel est le résumé de lexercice 2000 de lopérateur paneuropéen de transport combiné, dressé par son PDG René Hellinghausen, en gare de Metz, lors de la conférence de presse annuelle.
- Nigeria: lengorgement des ports menace les industries dinertie
Au Nigeria, les milieux daffaires et de lindustrie lancent un cri dalarme: si les ports ne sont pas rapidement désengorgés, certaines activités économiques vont cesser par manque de matières premières et de pièces de rechange. La situation est des plus critiques. Certaines entreprises ne disposent plus que de deux semaines de stocks. Jamais au cours des vingt dernières années, les ports du pays navaient connu de tels engorgements.
- 1999 a été une année charnière pour le port dOstende
Une légère hausse de lemploi, de la valeur ajoutée et du volume dinvestissement et une contribution quelque peu inférieure au Trésor. Ainsi, nous pouvons résumer lévolution économique du port dOstende en 1999 à laide des chiffres que la Banque nationale de Belgique a publiés dans son rapport sur limportance du quatrième port maritime flamand. Le rapport met toutefois principalement laccent sur le fait que les premiers signes du rétablissement se sont manifestés au cours de cette année.
- Le Havre part à la conquête de lEst français
Le Havre fait le forcing dans lEst de la France. Il sagit, pour les Havrais, de récupérer une partie du potentiel de trafic containérisable de cette région. LAlsace, à elle seule, représente sur base annuelle quelque 100.000 TEU. Lors dun récent passage à Strasbourg, une forte délégation havraise a clairement affiché les intentions du port normand. Grâce à la navette Le Havre Shuttle (LHS), qui désormais gagne Strasbourg en direct sans passer par le point nodal de Villeneuve, les Havrais espèrent gagner des parts de marché. Et cela en prenant une partie de leurs trafics à la voie deau.
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| JUNE 12, 2001 |
Maritime Contract News
- Boat Sinks Off Madagascar; Soccer Team Feared Dead
Breaking News
- Environmental Activists Protest President Bush's Kyoto Pact Veto
- Coast Guard Lifts Restrictions on Houston Ship Channel
- General Maritime Goes Public, Raises $144 Million
- Atlantic Panamax Rates Soften, Fixtures Lay Low
- Silversea Cruises Appoints Albert Peter As CEO
- Asia-Pacific Countries Bond To Protect Vital Sea Lanes
- Explosion Rocks Singaporean Tanker
- Boat Sinks Off Madagascar; Soccer Team Feared Dead
- Shell: Short Term LNG Contracts Will Be the Norm
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| JUNE 12, 2001 |
- China prepares for LNG ship search
The tender process for China's first LNG carriers is due to start in the next few months.
- Atlantic Mermaid master fined
A Greek captain has been forced to pay up after pleading guilty to causing a collision in the English Channel.
- Lorentzen & Stemoco swallows Sea Partners
Consolidation continues apace in the shipbroking world, as brokers move to beef up their Far Eastern operations.
- Alaska to get $700,000 from cruise industry
The $1 passenger fee will fund a newly approved environmental monitoring programme.
- Steckmest lands Slater six
Norway's Tom Steckmest has ended a dispute with bondholders over products tankers formerly controlled by Paul Slater's FISC.
- OSG share price dives 13%
The sell-off came after the founding families of the company filed to liquidate 5m shares.
- Red turns to black at Kuribayashi Steamship
The Japanese ro-ro operator started to make money in the year to 31 March.
- Greenpeace activists board Greek oil tanker
Cosmic loaded with 150,000 tonnes of crude oil was prevented from leaving Mongstad port in Norway.
- Kvaerner clinches $29m subsea contracts
The Anglo-Norwegian group will supply first phase equipment to Woodside's Laminaria development.
- Houston channel reopens to shipping
Barges blocking some parts of the shipping channel were cleared at noon Monday.
- Intermarine, ATL offer joint shipping service
West Coast Industrial Express will offer shipping from the US Gulf to the west coast of Latin America.
- Oil output cut deflates firm tanker rates
Lazard Freres & Co expects at least one more rally in freight rates later this year.
- Pan United clinches $38m newbuilding deal
Singapore yard to build offshore diving, construction and support vessel for existing client.
- Cosco could invest in Thai line
A Chinese minister has revealed the shipowner's interest in a prospective Thai national shipping line.
- HMM seeking charters for cruiseships
Hyundai Merchant Marine wants to minimise losses with re-charter deals.
- Fredriksen buys an oldie
Norwegian tanker king has young fleet but now buys 42-year-old drillship.
- Panama Canal expects higher traffic flow
The Panama Canal Authority based its fiscal 2002 budget on an expected 1.1% rise in traffic flow.
- Teekay unveils ballast water exchange idea
Aframax tanker giant claims new technique saves on fuel costs and is safer.
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