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| JULY 13, 2001 |
Shipping News
- Asia-Pacific container volume forecast to more than double
ASIA-Pacific ports can expect container throughput volumes to more than double over the next decade, according to a study by the United Nations Economic and Social Commission for Asia and the Pacific .
- ICTSI mulling joint venture with Hutchison
- South Korea's ship orders down in first half
- Troubled Cammell Lairdcuts further 187 jobs in UK
Air and Land Transport
- Will passengers pay more for faster Sonic Cruiser?
WHAT price air passengers will pay for speed is the key issue that Boeing Co needs to answer as it develops plans for the Sonic Cruiser fast airliner, a senior project executive said.
- KL airport in drive to attract carriers' return
- Swissair Group selling more assets, cutting costs
- KLM may cut flights in Europe, seeks S American partner
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| JULY 12, 2001 |
- McCain: Kill Title XI
The Arizona Senator has urged the Bush administration to eliminate funding for the Marad program, which guarantees loans for vessel construction in U.S. shipyards.
- Atlas, Polar to be separate after deal
Atlas will operate Polar Air Cargo as a separate company once its acquisition is completed.
- ACL profit slips
Atlantic Container Line said net profit in the second quarter totaled $5.16 million, down 9.7% from the same period in 2000.
- Labor costs sting US port efficiency
Near-capacity utilization and 24-hour gates aren't the answer to improving U.S. port efficiency, one executive says.
- Sorgenfrei succeeds Beth at Hamburg
- Panasonic selects NextLinx for inbound trade
- Coast Guard steps up MARPOL inspections
- EU: Subsidy deal up to S. Korea
- Port Of Wilmington to build grain facility
- FedEx aids Taiwan customs upgrade
- Swissair plans $1.7 billion sell-off; cargo stays
- Tiaca, UNC form Center for Air Commerce Studies
- TPG buys rest of Barlatier
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| JULY 13, 2001 |
- Singapore to invest in China port and logistics facilities
- Shanghai targets new trading zone for Pudong
- CP Ships reshuffle
- Lykes Lines' quality rewarded
- Singapore invests in Guangzhou's port and logistics
- Australian acquisition for Maersk Logistics
- ValuShip takes on Grays Harbor
- Caterpillar picks Danzas
- China's reaps industrial growth
- Iberworld opts for A330-200
- TAM pioneer killed in air crash
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| JULY 12, 2001 |
- Iraqi oil export to boost tanker business
- Airlines refuse whale meat cargo
- Dura webcasts results
- Maersk Air appoints new agency
- Estonian rail company transit down
- P&O Nedlloyd Internet Website Boosts E-Commerce
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| JULY 13, 2001 |
- CII sees vast scope to increase trade with Pak
- CII wants Pak to grant MFN status to India
- 21 Indian companies invest in UK
- Wheat product export ceiling lifted
- Cotton imports continue despite good crop
- US to announce dumping duties on steel imports by mid-Sept.
- Cheap imports from Indonesia flatten glass units
- Ports must be efficient & commercially viable - Arun Jaitley-National Conference deliberates future of port and martime sectors
- WTO switches to new sugar testing system: India to benefit
- CCEA asks Commerce Dept to issue rubber MSP notifications
- MNC’s role in rapid economic growth highlighted
- Economy will recover by December, feels Sinha
- Lentil MSP fixed at Rs 1,200
- IT industry crosses $ 10-billion mark: Survey
- CCEA extends cotton procurement scheme - Ginning, pressing eligible for TUF now
- Nasscom to host E-biz India 2001 on Aug. 2-3
- State govt honours NRK Overseas (I) with top export award
- Rising exports, peaking inflation augur economic recovery: EU
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| JULY 12, 2001 |
- Bunker prices for Brazilian ports
- Great Belt and Baltic market snapshots
- Istanbul: Quiet demand on bearish market
- ARA prices fall after dull week
- Piraeus fuel oil remains tight, prices softer
- Deliveries mostly clear in Gibraltar
- Potential disruptions in Genoa next week
- Bunkers quite steady after another active cargo trading day in Singapore
- Demand improving as prices fall in Hong Kong
- Mixed avails in Japan
- Slight price fall expected in Korea today
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| JULY 13, 2001 |
- «The new silk road»: the Uzbek connection
- IRISL relies on a physical presence
- A profit for Kuwait Public Transportation
- «Balzac» visits KCT
- Fuel shortage in South Africa
- THA finds partner for privatization
- Maputo: Investing in freshness
- Ro/ro hub Dakar
- British Airways
- Seatrade
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| JULY 12, 2001 |
- Senate votes for Lease Sale 181 to go ahead
The U.S. Senate today took a bipartisan vote today against blocking offshore Lease Sale 181 in the Eastern Gulf of Mexico.
- Incat offers 112 m wave-piercer
The latest addition to the Incat Australia line of wave-piercing catamarans is the Evolution One 12.
- Big order for compact pods
Santa Fe International Corporation has awarded a $42 million contract to ABB in Norway for the supply of electric propulsion systems and power plants for two semi-submersible drilling rigs.
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| JULY 13, 2001 |
- Via alle nuove Capitanerie
Parte da Messina il sistema di controllo radar Vessel traffic system che costerà 550 mld
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| JULY 13, 2001 |
- Gloom Time
"THE best thing that could happen now is the closure of the Suez Canal," one liner shipping executive was honest enough to admit, only half jokingly, as he surveyed the state of the Eur...
- Bulker rates in freefall
The dry bulk carrier’s fingernail hold on firm freight rates has snapped as the market moves into summer. While the latter part of 2001 has consistently been forecast as a difficult p...
- End of 20 years of cruise growth
After 20 years of uninterrupted growth the global cruise industry has run into problems in the past 18 months. These centre on fears that, with too many new ships and fierce price discounting, yiel...
- Insurance fighting a rearguard action
IT never rains but it pours... Just when insurance premiums were hardening and shipowners’ protection and indemnity clubs had wiped out the competition for large tonnage. . . ...
- Tanker boom turns sour for owners
JUST six months after the long-awaited tanker boom sent freight rates sky-high and owners on newbuilding spending sprees, market sentiment has officially soured. Figures from Clarkson Resea...
- Present share weakness seen as opportunity to buy
The deeper-than-expected summer doldrums in the freight market have badly damaged tanker share prices. But their decline has been less severe thanks to the continuing confidence of many experts tha...
- Fruit firm picked off as the rot.com sets in
THE MEDIA is again picking over the bones of a high-profile dot.com corpse with the demise of Webvan.com which failed to deliver plans to offer an online grocery service in 26 US cities within thre...
- Economists lay the blame at dollar’s door
IF SHIPPING is the lifeblood of world trade, the news from the world’s biggest economies is that the pulse is weakening by the month, writes Rob McKay. Japan, long the troubled valve...
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| JULY 12, 2001 |
- Panama's second court date set
- Grounded bulker freed at Sepetiba
- Puerto Rican ferry service halted
- Former Gripsholm sinks off Africa
- Canada importers "fabricate" claims
- New ro-ro terminal for Troon
- Busan to build 45 new berths
- Singapore braces for shrinkage
- Shippers sue to roll back rates
- Puerto Rico opposed on Jones Act
- Panama reveals Glory details on ISM
- Bremerhaven scheme under attack
- Shipping interests lobby on MSP
- US downturn hits Korean box volumes
- DC ready for port security reform
- Indonesia to relax cruise regime
- US LNG terminals face opposition
- 'China is main threat to Korea'
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| JULY 13, 2001 |
- “Le Livre Blanc vise à découpler - progressivement - le transport de la croissance économique”
“Le Livre Blanc soulignera surtout la nécessité d’un virage vers un rééquilibrage entre modes, et donc un découplage entre la croissance économique et la croissance de la demande en transport. Mais cela ne pourra se faire de manière décrétée. Cela se fera progressivemennt et sur le long terme. Si nous arrivons à ramener d’ici 2010 les part des marché modales à ce qu’elles étaient en 1998, le chemin parcouru aura été énorme”. C’est ce qu’a déclaré la Commissaire européenne aux Transports Loyola de Palacio jeudi à Bruxelles à l’occasion d’un séminaire organisé par la présidence belge de l’UE sur le rôle du transport
durable dans l’économie européenne.
- La Flandre lance un programme de dragage des voies d’eau
“La Flandre a libéré les moyens financiers nécessaires pour procéder au dragage de ses voies d’eau.” C’est ce qu’a déclaré le ministre flamand de la Mobilité Steve Stevaert à l’occasion de la présentation du rapport annuel de Promotie Binnenvaart Vlaanderen (PBV) à Bruxelles. A cette occasion, le président Filip Martens de PBV a une fois de plus insisté sur une réalisation rapide de ce programme de dragage. “La limitation du tirant d’eau a une influence néfaste sur la croissance du trafic car elle se traduit indirectement par une hausse des frets, ce qui rend le transport par la voie d’eau moins attayant.”
- La Belgique a une infrastructure de transport dense mais inefficace
Pour se faire une idée du positionnement socio-économique de la Flandre dans un contexte international, le conseil socio-économique de la Flandre (SERV) a rédigé un rapport éclairant douze domaines socio-économiques, dont l’infrastructure de transport. Il en ressort que la Belgique dispose d’une infrastructure de transport dense mais inefficace en comparaison avec les pays test repris dans l’étude.
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| JULY 12, 2001 |
Maritime Contract News
- House Committee Approves $30 Million For Title XI Guarantees
Breaking News
- North Sea Tanker Market Leads Boom
- ADSB Signs Strategic Agreement With Halmatic
- Alfa-Laval Establishes Presence Onboard World's Largest Liner
- Hutchison To Hold 45 Percent Stake in Container Port Project
- Turkish Boat In Distress Off Greek Islands
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| JULY 12, 2001 |
- Golar poised for growth
Newly listed Golar LNG is set for fleet expansion but tie-up talks with Exmar now appear to be firmly off the agenda.
- Tor Olav Troim quits Norway
Top shipping dealmaker heads for sun drenched island of Cyprus.
- ACL profit on a roll
Transatlantic ro-ro operator facing Grimaldi takeover benefits from rising freight rates.
- MOL hoping Chinese Dragon takes flight
MOL Europe chief Chris Bourne outlines thinking behind Dragon Express service.
- Chowgule offers three panamax
Indian shipowner Chowgule Steamships is moving tonnage out to cut debts.
- Big rise in substandard ships
Port inspectors find more deficiencies and warn of alarming deterioration.
- Gorthon pulls in profits
Sweden's Gorthon Lines is extending its ties with new shareholder B&N as it follows the consolidation trend.
- Golar goes public
Slow trading kicks off on the Oslo Bors for John Fredriksen's $376m LNG baby.
- Capesize sales boost Norden
S&P deal with Oceanbulk lead to Danish owner hiking profit forecast.
- New bid to stop arctic panamax fails
It is a bright clear day in Spitsbergen with Atle Jebsen reporting still no sign of Bellona.
- Asian car exports boost Leif Hoegh
Profit soars as car carrying, LNG and cargo shipping all do well.
- ICTSI thinks global again
Philippines port firm targets foreign acquisitions less than two months after selling overseas assets.
- Hanjin and HMM hit by forex losses
Interim figures for Korea's two largest liner firms hit by won's depreciation.
- Board shake up at Grieg Shipping
Cato Holmsen Sr (right) is the new chairman of the Norwegian bulk ship operator.
- Port chiefs fear oil spill from Luc Nam
Indian port authorities are prepared for a spill from sunken freighter, but fuel tanks look to be intact.
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