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| JANUARY 18, 2001 |
Shipping News
- Port Klang offers rebates to dedicated feeders
[SINGAPORE] Malaysia's Port Klang has begun offering rebates to dedicated feeder operators in an attempt to boost its position as a regional container cargo transhipment hub as the country's ports gun for a combined 7 million TEUs next year.
- APL Arabia makes first port call at Nhava Sheva
- Korean ferry catches fire, all rescued
- Romanian firm starts new ro-ro service
Air and Land Transport
- Cathay holds back orders on fears of US slowdown
[HONGKONG] Cathay Pacific Airways is holding back a decision to order new planes for delivery from next year on concern that a slowing US economy may affect demand for air travel and freight, a senior executive said.
- Airbus stretches lead over Boeing in megajet race
- Northwest Air to spend US$4b on Airbus, Boeing planes
- SAirGroup seen keeping investments on hold
Features
- Roads will get busier with rise in e-commerce
ELECTRONIC trade produces increased transport volumes. A study by the largest Dutch road transport organisation Transport en Logistiek Nederland (TLN) provides the relevant figures. The area of business-to-consumer, (B2C) or electronic shopping, is expected to lead to an 8 per cent increase in the transport volume on Dutch roads by the year 2005.
Logistics
- Vertical portal for Aussie transport sector launched
A NEW Internet vertical portal for Australia's trade and transport community has been formally opened by Connect.com.au, one of the country's leading providers of Internet services and electronic business solutions, which it describes as a first for the country.
- Hongkong to hold multi-event Asian logistics summit
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| JANUARY 18, 2001 |
- EPA plans emission standards for cargo vessels
The limits come as part of a settlement of a lawsuit filed last year which challenged the agency's failure to set standards for emissions from ships' engines.
- Holt Group defers interest payment on bonds
The parent company of Puerto Rico-based carrier Navieras/NPR Inc. said it has deferred a $7 million interest payment on a note and was holding discussions with bondholders in an effort to "significantly reduce the company's debt position."
- Chiquita, Great White Fleet facing bankruptcy
The banana importer, which owns 16 vessels and operates six under charter, wants to restructure $862 million in public debt.
- New shipyard applies for FTZ status
- Emery promotes Trimarco to dual positions
- NeoModal nets contract with Target Corp.
- Earnings down for parent of American Airlines
- Beijing, Tianjin airports to merge
- P&O Nedlloyd takes minority stake in OceanConnect.com
- Danzas lands European logistics contract
- South Korean shipyard begins production of ‘smart engine’
- FedEx Express to buy Airbus A380-800F freighters
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| JANUARY 18, 2001 |
- Van Moer Rail boosts capacity
- Port of Los Angeles deepens channels, launches web site
- Liberian registry goes Greek
- Berth extension at Gorontalo
- Evergreen, Hanyang joint venture
- Extra services from LanChile
- Airborne selects NextBill
- DHL reports sharp growth
- US Airways cargo contact centre up and running
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| JANUARY 17, 2001 |
- Maersk considers dedicated terminal in Antwerp
- Lufthansa reduces fuel surcharge
- New Alderman for Rotterdam port
- Railtrack gets financial support
- Airbus freighters for FedEx Express
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| JANUARY 18, 2001 |
- Neptune Container appointed General Agents-North Africa Shipping announces India-Libya service with faster transit
- P&ON to float Gamex service with Zim, Hapag-Lloyd
- GWS in slot sharing pact with Maersk Sealand
- FESCO announces partnership with 3 carriers
- Hanjin christens two vessels
- Ormesby Cross extends Wijsmuller’s Teeside service
- CT Navigation adds HK call
- PSA Corporation marks millennium year with record throughput
- PTP campaigns abroad
- Vietnamese ports’ goods handling up
- Port of Seattle budgets $ 1.5 m for terminal 91
- Northport throughput hits 2.12 m TEUs
- Port of Seattle bid to launch eBusiness
- Filipino operator offers top bid for Mexican port
- Hong Kong remains world’s busiest container port
- $ 9-bn investment plan unveiled
- New, wider containers reach Port of Miami
- Korean yards eye New Year prospects
- GAC to enter US market
- MOL plans boxship ordering spree
- Contship, Lykes & TMM Lines announce major upgrade to joint US Gulf/Mexico-Med service
- Dalian sets record in cargo throughput
- Evergreen establishes JV company in S. Korea
- New Mediterranean service by Unishipping set to sail
- Kalmar takes lead in terminal automation
- China Shipping to add Med route
- Garment exports register 8.3 per cent growth in calendar year 2000
- Indonesia keen on buying Indian wheat
- World pepper trade projected to rise by 6 pc
- South Korea develops taste for Indian wheat
- Dumping probe launched into lead battery imports
- Russia to fix India’s diamond quota in Feb.
- Phenol safeguard duty under review
- Machine tools exporters exhorted to adopt consortium approach
- Govt decides against fixing basmati export quality norms
- Jaitley to inaugurate FFFAI convention today
- MoST seeks import duty cuts on heavy equipment
- Kappec may rope in pvt. sector to set up food parks
- Goa slashes entry tax on mining machinery
- India, Iran, Russia trade route gets Cabinet approval
- Bank of Indonesia, Exim Bank to sign MoU in Feb.
- Indirect exporters not entitled to tax benefits, rules SC
- Another bridge across Hooghly cleared
- Ganesh Kumar Gupta nominated Chairman of Fieo, WR
- Karnataka trade promotion body registered
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| JANUARY 17, 2001 |
- It's official: OPEC agree on 1.5 million barrels
- Ecuador and Chile bunker markets this week
- Some suppliers with OK avails in Panama
- Bunker prices for Irish ports
- Prices generally soft in range-bound Fujairah market
- Mixed demand and softer price levels in Suez
- Prices down by around $10 in East Africa
- South African markets this week
- Lower levels in the West African markets
- Kuwait back with reasonable avails for local bunker market
- OPEC output plan to be known later today
- Jeddah/Dammam posted prices effective from January 18 + commentary
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| JANUARY 18, 2001 |
- AAPA support for the DoT
- Boom with VICS
- More CT capacity for Rotterdam
- Russia's roads
- Kombiverkehr: satisfied with 2000
- Uniglory now to Bandar Abbas
- OT Africa Line to Felixstowe
- America Ships: Faster ships
- CSCL: Mediterranean- US east coast service
- Senator Lines to Yantian
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| JANUARY 17, 2001 |
- Matson Navigation will pay millions for illegal dumping in Pacific Ocean
- Port of Seattle budgets $15.8 million for Fishermen's Terminal redevelopment
- U.S. railroads see freight traffic drop dramatically during first week of 2001
- Port Seattle will spend $59 million for administration of Sea-Tac upgrade
- Port Portland recognizes employees for Evergreen Electronic Invoicing
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| JANUARY 18, 2001 |
- Cyprus scuttles hope of salvage
CYPRUS, as country of registry for the Castor, has begun making contingency plans for a possible scuttling of the damaged product tanker with her cargo on board, writes Nigel Lowry, Athens.
- Spain refuses to consider inshore gasoline transfer
SPAIN yesterday ruled out any type of salvage operation to transfer gasoline from the product tanker Castor anywhere near its own waters, refusing even to look at a new proposal for saving the vessel and her cargo.
- Underwriters close ranks for voice on Lloyd's reforms
UNDERWRITERS have united to secure a more powerful voice at Lloyd's. The big four market associations have formally agreed to merge, under the banner of Lloyd's Market Association.
- Samsung in the red as Seoul credit crunch bites
SAMSUNG Heavy has emerged as the latest victim of the South Korean credit crunch, with a Won225.7bn ($177m) net loss for 2000 as it struggles with lingering construction machinery problems.
- Bunker site buy for P&O Nedlloyd
P&O NEDLLOYD has thrown its weight behind online bunker exchange OceanConnect.com and in doing so has strengthened the trend towards industry participation in shipping dot.coms.
- HDW cures Superfast VI troubles
KIEL shipyard Howaldtswerke Deutsche Werft breathed a huge sigh of relief yesterday , as the trouble-plagued Superfast VI seemed successfully cured of her gear-related problems, writes Sabina Casagrande, Cologne.
- Chiquita blames EU for financial woes
BLAMING what it called "an illegal EU banana import regime"a, Chiquita Brands International announced a major financial restructuring that it would probably be forced to manage under Chapter 11 bankruptcy court protection.
- Sir Brian bows out of post at London helm
After 14 years on the board of the Port of London Authority, the final eight as its chairman, Sir Brian Shaw yesterday pointed to the huge changes that had taken place in the port during the years he had been associated with the authority.
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| JANUARY 17, 2001 |
- Top banana Chiquita slips up
- Canada gains on US wheat gloom
- Mineral giants fight for Ferteco
- Venezuela bunkers go dot.com
- Houston port probe sharpens up
- Greenpeace fears 'nuclear highway'
- Royal Caribbean defends rape suit
- Treasure wreck cleared
- P&O Ned backs OceanConnect
- Izar to break even in 2003
- Tresco rapped over type approval
- Colombo project gathers pace
- HMM to cut debt and expand fleet
- China regulates to improve safety
- Las Palmas lets port concessions
- Call for Philippine smuggling report
- India re-thinks P&O port decision
- Bremerhaven firm in banana slip-up
- Norske Skog sells Tasman stake
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| JANUARY 18, 2001 |
- Anvers: le contrôle par PSA de cinq des six terminaux à marée va-t-il impliquer le départ de Mærsk Sealand/Safmarine?
Pour les entreprises de manutention anversoises Hessenatie et Noord Natie, appelées on le sait à fusionner, les jours qui suivent sont assez cruciaux en ce sens que le moment de prendre une décision se précise, à savoir soit signer un accord avec le groupe PSA de Singapour, qui deviendrait ainsi le fameux partenaire stratégique majoritaire de la HesseNoord Natie... où suivre une autre voie, celle qu’à reproposée en dernière minute le candidat financier Candover.
- La SNCF supporte moins d’un tiers du coût réel des infrastructures
Même sans inclure les frais financiers (emprunts et dette) désormais supportés par RFF, la contribution de la SNCF représente moins de la moitié du coût réel des infrastructures qu’elle utilise. Si l’on prend les frais financiers en compte, la SNCF supporte moins d’un tiers du coût réel des infrastructures. Cela tient au fait que le système français repose sur le coût marginal social et non sur le coût réel comme c’est le cas par exemple en Allemagne. Néanmoins, Louis Gallois, président de la SNCF n’est pas satisfait.
- Norbert Dentressangle acquiert United Savam
Ainsi que nos l’avons annoncé brièvement hier, le groupe français Norbert Dentressangle a procédé au rachat du transporteur de marchandises volumineuses Savam, une filiale du groupe de services britannique Rentokil Initial. Ce dernier procède actuellement à un recentrage des activités, qui a mené à la vente de la plupart de ses filiales de transport. Savam (également connu sous le nom de United Savam) est l’une des dernières à être cédées. Avant cela, Rentokil avait déjà vendu - entre autres - Rouch, ITC et IFF.
- Le Parlement européen gagné par le principe d’utilisateur payeur
Au cours du débat de mercredi au Parlement européen à Strasbourg sur la tarification de l’infrastructure, Paolo Costa (fraction libérale) a plaidé au nom de la commission des transports du Parlement pour que les coûts de l’infrastructure de transport soient pris en charge par tous les utilisateurs. L’objectif de cette initiative est de poser les fondements d’un système de taxes et tarifs basé sur le principe d’équitabilité, à savoir que l’utilisateur paie, un principe approuvé par une large majorité du Parlement. Costa estime toutefois qu’un tel système général doit être basé aussi précisément que possible sur les estimations des coûts.
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| JANUARY 18, 2001 |
Maritime Contract News
- Japan Shipbuilding Contracts Soar
- Alabama Shipyard Signs Another Tug/Barge Contract
Breaking News
- Fog Closes Traffic On Houston Ship Channel
- OPEC Set To Cut Output
- PDVSA To Sell Bunker Fuels On Internet
- Panamax Trades Firm
- Barges Start Moving South of Peoria
- PTC Reports 1Q Results
- Transas, Primar Sign Agreement
- ABS: Castor pollution fears may have been exaggerated
- Mammoth Bunker Vessel Planned
- ShipVertical, DHL Reinforce Maritime Logistics Coverage
- AHI Opens 30,000 dwt Drydock In UAE
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| JANUARY 17, 2001 |
- Metal tests point to Estonia explosion
Parts of the ship recovered last sumnmer are said to show evidence of a blast.
- Car carrier still aground off Yemen
Three salvage attempts fail to refloat Cido Shipping vessel.
- Royal Olympic takes on Seawing
Greek cruiseship operator Royal Olympic Cruise Lines is growing its fleet in a deal with Airtours.
- P&O Nedlloyd joins dot.com marine supplier
Internet bunker and marine supplier OceanConnect.com has lured in another owner.
- Tresco collides with DNV
Electronic navigation company runs into trouble with bogus claim of classification society approval.
- Oil majors mull Australia VLCC shipments
The ex-Exxon Valdez is heading to environmentally sensitive Australia but can duck lightering operations this time.
- Tidewater plots steady course
The US offshore vessel giant is continuing to make a tidy profit.
- Jurong lines up boxship orders
Singapore's Jurong Shipyard is refilling its newbuilding orderbook again.
- Chiquita moves to rejig debt
Fruit producer and shipowner Chiquita is looking for a way out of its financial headaches.
- Latvian ports busier in 2000
The Baltic state's ports handled 6% more cargo than in 1999.
- Samsung Heavy aims for profit
The Korean shipbuilder is optimistic it can turn around 2000's expected loss.
- Ship and share sales to fund HMM debt
Korea's largest shipowner plans to raise over $450m to pay off maturing bonds.
- Car exports to drive up income at HMM
Increased car exports on the back of a weakening won are set to benefit the Korean ship owner.
- Japanese yards' export orders soar in December
Export contracts concluded last month show a sharp rise from a year earlier.
- Norske Skog offloads Tasman Orient stake
Business as usual at the New Zealand line as managers take majority holding.
- Cargo volume hits record high at Los Angeles
Container traffic at the US port last year easily surpassed 1999's figures.
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