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| JUNE 18, 2001 |
Shipping News
- Piracy soon to be on UN General Assembly agenda
THE International Maritime Organsiation is preparing to bring up maritime piracy at the UN General Assembly, indicating the higher profile the issue is now taking.
- Subic Bay port to build 3 cargo terminals
Air and Land Transport
- Boeing, Airbus to see new orders fall to US$15b
BOEING Co and Airbus Industrie may unveil about US$15 billion in new aircraft sales at the industry's trade show in Paris, half the amount announced at last year's event, analysts said.
- Virgin Blue to post trading profit for first 7 months
- Qantas NZ directors charged over accounts
- US official raises concern over A380 subsidies
- France's AOM, Air Liberte file for bankruptcy
Features
- Will sky-high e-mail catch on with passengers?
NEW YORK International air travellers on a few more select airlines will be able to surf the Web at 35,000 feet from next year, but questions remain over how eager passengers and carriers will be to pay for sky-high e-mail.
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| JUNE 15, 2001 |
- WTO pushed on maritime, air talks
The International Chamber of Commerce said an early agreement to launch a new round of global trade talks at the World Trade Organization would boost business, investor and consumer confidence.
- RightFreight changes its name
The new name, Rely Software, more accurately reflects the company's mission, executives say.
- Asiana cancels 90% of flights
- Crews begin cleanup of spill off Malaysia
- APL launches new India-Singapore service
- Eurogate boxes surge
- CP assigns book, debt levels ahead of spinoff
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| JUNE 18, 2001 |
- Hong Kong throughput figures show trade imbalance
- APL strengthens Russia/Baltic States team
- Port of New York & New Jersey feeding off China trade
- Aphis amends regulations
- Cost Plus takes on GeoLogistics
- Weak market sees cargo down
- New Airbuses for Dragonair
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| JUNE 15, 2001 |
- Eurovos XL in bankruptcy
- Eurogate record volume; 5 percent result growth
- CNF cuts 900 jobs at Emery
- Tentative agreement Comair and Alpa
- APL launches new intra-Asia service
- CSX names vice president e-business
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| JUNE 18, 2001 |
- SCI declares 25 pc interim
- Indian spices in demand at Singapore fair
- Govt may allow pulses exports in bulk
- FIFO condition for grain exports waived
- Cotton imports may touch 2.5m bales
- TCS, Infosys top software exporters
- Domestic producers have competitive edge in exports now: Zonal Jt DGFT
- DGFT relaxes curbs on textile imports
- Customs Dept plans ‘Icegate’ project
- Advantage India in trade balance with France
- Export target likely by month-end, says Commerce Secretary
- Rationalisation of manning levels is priority: Mago
- Alappuzha port to be revived
- M. Raman is Ennore Port Chairman & MD
- GIDB to implement 380 core sector projects
- Thai Air to spend $ 100 m to upgrade service
- KLM income trebles
- Plans afoot to firm up Iberia-British Airways alliance
- Panalpina Group may go in for alliances, acquisitions
- Northwest Airlines Cargo adds Asia/Cincinnati freighter service
- Air France Reports Record Profits
- D. Logistics AG appoints Jahncke
- Airbus opens unit in Japan
- DHL, Belgium sign agreement
- CII’s defence mission to UK bears fruit
- India eyeing N. American mushroom market Noida
- Draft Convergence Bill to be finalised on July 11: Mahajan
- Railway wagon orders not to be curtailed
- CWC of AP region earns a surplus of Rs 5.5 crore
- Transfer pricing norms soon
- McKinsey research paper sees tremendous B2B e-commerce potential in India
- Trademark rules to be notified soon
- Forex reserves rise by $ 85m to touch $ 43 bn
- ZIM, GSL gesture to quake-hit
- Apeda likely to provide soft loans to floriculture units
- Monitoring import of goods & services - the Fema style
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| JUNE 15, 2001 |
- EIA energy outlook shows growing demand for 2001/2002
- Buyers sense bottom may be reached in Singapore and Fujairah
- Busan rebounding slightly today
- Avails getting tight in Durban for end of June, Cape Town sold out short term
- New physical supplier in St. Petersburg
- Oiltrade Marine Ltd. to deliver MGO in Istanbul
- New weekly global averages
- US Gulf bunker prices firmer after Allison
- Steady market in Vancouver after a price drop
- Some short term congestion in Seattle and Portland
- Firmer levels in New York and Philadelphia
- Los Angeles and San Francisco market review
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| JUNE 15, 2001 |
- Bender protests LSV award to Halter
Bender Shipbuilding & Repair Co., Inc. has filed a protest with the GAO challenging a recent award to Halter Marine, Inc. by the U.S. Army's Tank-Automotive and Armaments Command
- Recent Navy Contracts
- Keppel Smit orders tugs
Keppel Smit Towage Private Limited (KST), has recently signed a contract with Keppel Singmarine Dockyard Pte Ltd (Keppel Singmarine) to build two 3,600 bhp harbor tugs
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| JUNE 15, 2001 |
- Port of Bellingham plans to build a business incubator-type office building just off I-5
- Totem Ocean Trailer Exoress orders 2 RO/RO ships from National Steel and Shipbuilding Company
- DOT unveils modifications to moratorium on new authorizations for Mexican owned carriers in U.S.
- Port of Seattle will increase aircraft parking at Sea-Tac to handle increased cargo operations
- Panama Canal's 2002 budget expects 14,868 transits with 237.2 million tons cargo
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| JUNE 18, 2001 |
- IMO budget policy ‘is not viable’
THE International Maritime Organisation’s zero nominal growth budget policy is no longer tenable, an independent review has found. The report, "Challenges, opportunities and evol...
- Declining interest cuts Liffe-line to Biffex
THE shipping industry will lose a window on trends in the dry freight market when the London International Financial Futures Exchange closes the Biffex futures contract in 2002 due to limited inter...
- Blohm + Voss fix Galaxy as Nordic Empress burns
Blohm + Voss Repair has completed work on the propellers of Celebrity Cruises’ 76,522 gt Galaxy . The 1996-built Liberian flag vessel damaged four blades of her port propeller on an un...
- Opportunity for O’Neil
consideration of the review comes at a highly sensitive time for secretary-general William O’Neil for several reasons. Firstly, his proposal for an extension of his contract beyond thi...
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| JUNE 15, 2001 |
- 15-year ash shipment wanders on
- China, Sembcorp in repair venture
- Ecuador seeks Jessica pay-out
- Korean yards win new 'aid'
- Halifax hooks stowaways
- Italian minister backs tonnage tax
- Workers' coup at Cammell France
- MPA starts Heng San investigation
- Boluda to buy into box terminal
- Surveyors support charter goal
- 'No job losses at Peene-Werft'
- WTO finds Canada protectionist
- Thai refiners move closer
- China denies arms shipments
- Portsmouth quay talks 'positive'
- PRC to probe training complaints
- Foreign capital sought for Kra
- Tariff squabble flares in Santos
- New Korea-EU talks on June 25
- Malaysia fights phenol spill
- Minoan leaves Dolphins in distress
- Fairplay wins the Fairplay Cup
- Novoship surges into profit
- PRS looks for remedy on new class
- Court upholds Hyundai, Daewoo fines
- New Brazil agency under fire
- LNG heats up the US
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| JUNE 16, 2001 |
- Eval Europe double la capacité de production à Anvers
Eval Europe, une filiale de l’entreprise chimique Kuraray, a décidé de doubler sa capacité de production à Anvers à 24.000 tonnes par an d’ici la fin 2003. New Wave Logistics, le prestataire de services logistiques de Kuraray, et/ou Riga Natie, qui assure une grande partie de l’entreposage physique de la production actuelle, devront en conséquence procéder à une augmentation de la capacité.
- Containers-citernes: Eurovos XL a fait faillite
La société néerlandaise de transport de produits chimiques et d’aliments par containers-citernes Eurovos XL, dont le siège est à Oss et qui est un des plus grands opérateurs du secteur en Europe, a été mise en faillite jeudi par les tribunaux de commerce de ‘s Hertogenbosch et Rotterdam. Trois curateurs (L. Deterink, J. Dingemans et J. Stadig) ont été nommés. Ils tenteront d’établir dans quelle mesure il est possible de poursuivre les activités. La nouvelle a fait l’effet d’une bombe aux Pays-Bas, mais dans le secteur, on se doutait que cela tournerait mal, entre autres en raison des prix pratiqués.
- La SNCB se prépare à augmenter sa capacité fret
A l’occasion de l’inauguration du “Main Hub” qu’exploite IFB dans la zone nord du port d’Anvers, l’échevin du port Leo Delwaide a lancé un plaidoyer pour un pré-financement par la Flandre du futur deuxième tunnel ferroviaire sous l’Escaut à hauteur de Liefkenshoek (voir LL du 14/6). On ne peut qu’applaudir à cette idée. Reste à savoir si elle est réalisable. Ce qui est certain, c’est qu’Anvers est confronté sur le plan ferroviaire à des problèmes qui demandent des solutions urgentes.
- Pays-Bas: l’exploitation de la LGV Amsterdam-frontière belge va à NS/KLM
Selon toute vraisemblance et selon des sources très fiables au sein des chemins de fer belges, la ministre néerlandaise des Transports Tineke Netelenbos devait proposer hier vendredi au conseil des ministres de retenir la candidature du consortium dont les principaux participants sont les chemins de fer néerlandais NS et la compagnie aérienne néerlandaise KLM, pour entamer les négociations finales concernant l’exploitation de la ligne à grande vitesse entre Amsterdam et la frontière belgo-néerlandaise.
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| JUNE 15, 2001 |
Maritime Contract News
- USN Awards $52M Contract To DD21 Gold Team
Breaking News
- IUM's President and CEO Retires After 12 Years
- ASRY Elects New Technical/Marketing Manager
- PVA Asks DOT To Suspend Drug Rule
- COMSAT Mobile Honored For Maritime Safety
- USN Awards $52M Contract To DD21 Gold Team
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| JUNE 15, 2001 |
- Biffex futures contract axed
London futures exchange to delist sparsely traded panamax freight futures contract.
- Greeks up tanker market share
It's official. New statistics show Greek owners are getting into the tanker sector.
- Indonesian tanker sinks off Malaysia
The chemical tanker is lying on its side in an estuary between Malaysia and the Singapore island of Pulau Ubin.
- UK Coastguard to conduct passenger traffic study
MCA will use hypothetical scenarios with real passengers onboard Class V passenger vessels.
- Investors back Flying Dolphins' name change
"Hellas" will replace "Minoan" in a move to distance the ferry company from parent Minoan Lines.
- Northrop re-evaulating financial outlook
The company plans to confirm its financial guidance given with its first quarter earnings release.
- Cyprus bulker under tow after fire
The Felix was hit by a blaze in its engine room off the Canary Islands.
- Stamatis Restis distances from Enterprises
Any link to the cash-strapped shipping company may jeopardise his bid for Olympic Airways.
- North Korean ships continue to enter Southern waters
Further incursions of Northern merchant vessels are testing South Korea's patience.
- Six drowned, five missing in Greek ship accident
The sunken ship was suspected of ferrying illegal Kurdish immigrants into Greece.
- Teekay chief makes $1.7m
Axel Karlshoej cashes in on sale of tanker company shares.
- Bulker incident highlights dangers to crew
Australian bulker's safety and loading questioned in report over dangerous three days onboard Warden Point.
- NYK eyes LPG expansion
Japan's Nippon Yusen Kaisha is carving out a place for itself among the big league of large LPG carrier operators.
- Singapore owner to sue Kings Cross
Tai Kuang Hang Co is suing charterer Kings Cross over alleged outstanding charter hire and bunker costs.
- Wooden tanker sinks off Singapore
Fire sinks small Belize-registered tanker.
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