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| MARCH 21, 2001 |
Shipping News
- IACS chief dismisses talk of split
[SINGAPORE] The International Association of Classification Societies (IACS) has slammed speculation that an agreement between three of its leading members to pursue higher safety standards is unusual or the beginning of a split within the organisation.
- Pirates hijack Indon ship with $2m cargo
- UK shipbuilder H&W's property sold to lift debt
Air and Land Transport
- American drops TWA's US$1.8b order to Airbus
[FORT WORTH, Texas] AMR Corp's American Airlines will drop an order for Airbus Industrie jetliners valued at US$1.8 billion (S$3.2 billion), opting instead for planes made by Boeing Co, after its purchase of Trans World Airlines Inc.
- Cathay Pacific cautious as usage slips this year
- Iberia plans to cut costs as it launches IPO
- Garuda to take delivery of 7th leased Boeing jet
- New airport being built to cater to Bakun dam project
- Air Canada to sublease three 767s to Ansett
Features
- Wall Street worries about cruise fleets' pricing
[MIAMI] THE big cruise lines have been steadily filling their rapidly expanding fleets with passengers looking to escape an especially harsh North American winter, but as they get ready to release quarterly results, Wall Street is worried that ticket prices may not be high enough.
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| MARCH 21, 2001 |
- Long Beach terminals blacked out
California's rolling blackouts interrupted operations at three container terminals Monday.
- EU fines Deutsche Post
The European Commission said the postal giant subsidized its business parcel losses, and ordered it to create a separate division.
- Shenzhen sets $1.9B expansion
The southern China port plans more than a dozen projects to cope with near-capacity demand.
- Arzoon acquires From2
The supply-chain software maker jumps into international trade logistics.
- Negotiate U.S.-China sea accord now: Think tank
- Polar sets non-stop Tokyo to Chicago service
- Customs Automation advisory group forming
- CN chief: Government should pay shippers to switch to rail
- Cho Yang vessel leaves NY after storm repairs
- Mexico City to crack down on cargo security firms
- Cargolux expands U.S.-Mexico City service
- Pasha Group names Kaliher, Kopshever
- Correction - P&O Ports
- Kelleher quits as Southwest names new president, CEO
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| MARCH 21, 2001 |
- SUMEC Freight Forwarding sets up Shanghai branch
- Ecu-Line, NACA sign transatlantic trade agreement
- Lykes Lines improves South American route
- London to host inaugural Indian Maritime Conference
- OT Africa Line moves terminal operations in Nigeria
- February figures good for CX
- BA commits itself to New York
- Air Canada extends its network to include Austria
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| MARCH 20, 2001 |
- Iberia price too high, analysts say
- New CEO Southwest Airlines
- IMO wants action against Asian piracy
- Bad result Airbus-mother because of exchange rate mistakes
- U.S. firm signs China web logistics deal
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| MARCH 21, 2001 |
- OPEC ‘no’ to crude at concessional pricing
- Indonesia wants long-term wheat supply commitment from India
- Chinese team coming in April to scout for JVs
- Cardamom exports may exceed 1,200 tonnes
- New wheat loading record set at Kandla Port
- MbPT imposes additional levy-Step to resolve wage arrears issue-Lines/Agents term it ‘unfair’; may move TAMP
- Vizag emerging as premier Port
- Daily IA services to Singapore, Bangkok from March 25
- CWC to diversify activities
- ICICI signs MoU with Sharjah Free Zone Authorities
- Robust growth of factoring business in India projected
- India presents WTO 4 issue papers on farm pact review
- Fieo urges RBI to lower interest rate on export credit
- Maran may provide ‘market access’ sops in Exim Policy
- Steel companies set to jack up prices of cold rolled products
- Mandatory quality standards waived for SEZs, EPZs & EOUs
- 3-day ‘Logistics MP’ begins
- Spices Board to participate in 10 global fairs
- ‘Visa on arrival’ augurs well for tourism
- ‘Doing Business with Vietnam’ - IVCCI seminar
- Ratan Tata to be honoured on March 27
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| MARCH 20, 2001 |
- Bureau Veritas confirms class status of sunken vessel
- Brazil bunker price update
- Brazil oil rig sinks due to rough weather
- Brazil oil rig rescue hit by bad weather, workers threaten to strike
- Bureau Veritas buys LCIE
- Crude oil falls to its lowest level this year despite OPEC cut
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| MARCH 20, 2001 |
- SAS Cargo
- Lufthansa Cargo rate hike
- Air France Cargo and Delta Air Logistics
- Channel Express wet-leases AN-72
- AA takes to take over TWA
- ANA and HVN introduce codeshare flights
- Sabena
- Europe/South America Conference
- E. Erhardt y Cia SA: subsidiary in Cadiz
- Multimodal Logistics takes over agency for Nord Container Service
- Switzerland extends special regulations
- Davies Turner in Central Asia
- Mixed development at ICF
- Contingate: positive results
- Ship brokers «cautiously optimistic»
- New services for China Shipping
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| MARCH 20, 2001 |
- LNG imports for U.S. West Coast?
Chevron says it is reviewing options for importing liquefied natural gas (LNG) to serve the fast growing demands for clean energy in North America's west coast area
- New player in Gulf FPSO market?
IHC Caland of the Netherlands announced yesterday that it has reached an agreement in principle to acquire the business of Atlantia Offshore
- Marshall Islands owners can verify seafarers' docs on web
The Marshall Islands registry, administered by International Registries, Inc. (IRI) says that vessel owners and operators can verify potential employees' Marshall Islands seafarer documents on the IRI web site.
- FGH doesn't make interest payment
Friede Goldman Halter, Inc.has announced that it has not made the semi-annual interest payment on its outstanding 4 1/2% convertible subordinated notes due 2004.
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| MARCH 21, 2001 |
- All systems go-a!
- Get your FTW hand-delivered
- Renfreight and Safcor will continue to compete - Joffe
- Duty Calls
- Unishipping to open SA office
- Details delay multi-line portal
- SAECS revamps port rotation
- Lloyd Triestino cuts West Africa
- Nacala port inefficiency limits rail line success
- SAMSA meets inspection targets
- SARS scraps stamp duty
- P&ON records best results
- Swaziland seeks foreign funds for road, rail upgrades
- Delta Air hints at own US service
- Fishing deaths prompt mandatory safety course Ray Smuts
- Safmarine appoints first black master
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| MARCH 21, 2001 |
- Bay of Biscay claims yet another ageing tanker
YET another ageing tanker was consigned to Europe’s tanker graveyard yesterday when the Maltese-registered Balu laden with 8,000 tonnes of sulphuric acid sank in the Bay of Biscay,...
- UN pressgangs masters into frontline of Iraq oil policy
THE United Nations has put tanker masters in the frontline of its oil-for-food policy towards Iraq after a shipment was diverted from the US to Singapore. Masters will now be obliged to sig...
- P-36 plunge puts Petrobras in dock
SALVORS lost the five-day battle to save the Petrobras offshore platform P-36 yesterday morning. The rig, thought to be the largest in the world, capsized shortly after 1000 hrs local time...
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| MARCH 20, 2001 |
- Saverys advocates alliances at CMA
- Thais try anew for privatisation
- No protection for bunker salvors
- Cammell launches strategic review
- Mir: Pacific 'No-go' area for ships
- Hyundai may cut N. Korea tour fleet
- Work starts on Everglades terminal
- New agency approval for CSG
- e-broking cuts comms costs claim
- Fairplay "destablising Panama"
- South Korea tightens FMD curbs
- Chemical tanker sinks off Spain
- BP tanker 'no pollution threat'
- NZ slams CNN on FMD claim
- Grain rust fear for steel cargo
- Chevron to step on the gas
- Rocket shipper to re-launch
- Papoutsis firm on ferry age ban
- Australia targets soiled containers
- Lloyd Werft bids for Costa job
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| MARCH 21, 2001 |
- Conti-Lines accentue sa desserte de l’Afrique avec Zénith Line
L’armement belge Conti-Lines poursuit sur sa lancée, ce qui va de pair avec de nouveaux services. L’accent est mis aujourd’hui sur la desserte du continent africain. Vers la mi-avril démarrera un nouveau service entre l’Europe et la COA assuré sous le nom de Zénith Line, et en partenariat avec les compagnies françaises SECAM, MARFRET ainsi que GMT Shipping, le partenaire de Conti-Lines dans les services VIP. Il s’agira d’un service indépendant mixte combinant conventionnel/breakbulk avec containers et fret manutentionné en transroulage.
- La flotte fluviale belge s’enrichit du nouveau “Comus 2”
Le “Comus 2” de l’armement Data-Shipping SA (Schoten), un nouveau transporteur de cargaisons sèches naviguant sous pavillon belge, sera lancé d’ici quelques jours. Le haut niveau des eaux a ralenti la mise en service de quelques jours. “Les chargeurs attendent que le niveau des eaux baisse avant d’affréter à nouveau du tonnage”, déclare le capitaine de la plus récente acquisition de la flotte fluviale belge, D. Olislagers. Le batelier est ensemble avec son épouse l’actionnaire majoritaire de Data-Shipping SA.
- Eurovos s’attend à une forte expansion des activités en 2001
La société néerlandaise de transport de vracs liquides par containers-citernes Eurovos XL s’attend à une croissance très nette de son chiffre d’affaires et de son parc de matériel au cours de cette année. Une forte progression avait déjà été notée en 2000. Selon le responsable de la communication, M. Dinges la croissance pour cette année sera autonome et se fera tant dans les liquides alimentaires que chimiques. “Notre activité connaît actuellement un réel boom”, nous a-t-il dit.
- Oxeno construit une nouvelle unité de production à Anvers
Oxeno Anvers, une filiale de l’entreprise chimique Degussa créée début février, va ériger sur les terrains de cette dernière dans la zone portuaire d’Anvers une usine de traitement de mélanges d’hydrocarbures contenant du C4 (oligomères) et de production de dérivés. Ce projet constitue un investissement d’environ 50 mio. d’EUR. La nouvelle unité aura une capacité de plus de 200.000 t.
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| MARCH 20, 2001 |
Maritime Contract News
- Worlds Largest Rig Still Afloat
Breaking News
- Pinkard Joins Chiles Offshore
- Online Design, Drafting Offered
- LMS Completes First VDR Installation With Memory Capsule
- BV Confirms Balu Class Status
- NOAA Seeks Comments On USN Sonar Deployment
- Acid Ship Sinks Of Bay of Biscay
- Frontline Shares Surge
- Cammell Laird Conducts Strategic Review
- Excel Upgraded
- Worlds Largest Rig Still Afloat
- Candies Announces Promotions
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| MARCH 20, 2001 |
- Tanker sinks in Bay of Biscay
The Maltese-flagged chemical carrier Balu has gone down with a cargo of sulphuric acid.
- Malta to quiz Balu crew
A Maltese flag casualty investigator will Wednesday begin the inquest into the chemical tanker's loss.
- Bureau Veritas baffled over Balu
The French society said the chemical tanker which sank off Spain was fully in class.
- BP VLCC adrift with cargo
A fully-laden VLCC remains without power awaiting the arrival of a tug and specialist repair staff.
- Cammell Laird starts strategic review
UK shipbuilder Cammell Laird has hired advisers to help set its business on a more positive footing.
- Croatia's Kraljevica up for sale
The repair yard is to be privatised, heralding further cooperation between Croatian shipbuilders.
- Slovakia to sell shipping venture
Investors have a month to tender for an 87% stake in state shipping and ports company Slovenska Plavba.
- More porridge for Gokal
Criminal shipowner faces another three years jail for failure to pay $4m.
- Izar to finish axed Navion tanker
Spanish shipbuilder keeps working despite cancellation of costly vessel.
- OMI buys Kulukundis product tanker
US tanker owner OMI Corp continues on its tanker acquisition program.
- NYK goes it alone in Finland
Transocean liner agency loses key Japanese client.
- Canada hauls in structurally unsound bulkers
Port state control officials in Canada found structural defects in at least four bulk carriers.
- Panama Canal revenue rises
More containerships and tankers used the Panama Canal in the first quarter of this financial year.
- China Merchants buys more Ming Wah stock
Parent of Singapore-listed tanker vehicle buys more shares in advance of delisting.
- World City hit by Bush subsidy cut plan
Plans for the world's largest cruise ship could collapse if US president abolishes the Title XI program.
- Profits slip at Chu Kong Shipping
Net profits fell marginally from a year earlier due to higher oil prices and business start-up costs.
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