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| MARCH 22, 2001 |
Shipping News
- Class cannot refuse work from substandard flag states
CHAIRMAN of the classification society American Bureau of Shipping (ABS), Frank Iarossi, has rejected a call for classification societies to stop carrying out survey work for flag states known to have poor records.
- Bangladeshi ports step up anti-piracy patrols
- Port shots
Air and Land Transport
- US Senate Bill proposes airline acquisition ban
[WASHINGTON] Major US airline acquisitions would be banned for two years under a bill introduced by Senator Byron Dorgan as lawmakers question the effect of combinations on consumers and airports. Mr Dorgan's bill would ban the transactions while the federal government studies the outcome of air industry consolidation on US travellers. The rule would apply if the combined company would have 10 per cent or more of US passenger traffic.
- South Korea's new airport to break even in eight years: CEO
- Northwest to unveil cost-cutting plan this week
- More air links between Thailand, neighbours
- Space radiation seen as no big threat to flyers
- Delta to resume code-sharing with Korean Air
- Lufthansa profit higher than expected
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| MARCH 22, 2001 |
- West Coast port volume declines
Containerized imports through West Coast ports slid in February, indicating that retailers are concerned about the domestic economy and consumer confidence.
- Holt companies file Chapter 11
Debt from the 1997 acquisition of Navieras takes its toll.
- DiFrancesco opposes marine pilot changes
New Jersey's acting governor said the marine pilot system in New York harbor works well and should not be changed - at least not for the moment.
- Shipowners booked 1M TEUs in '00
The world's container shipping fleet capacity will jump by 25% by the end of 2002, after a $13 billion spending spree by shipowners.
- FedEx net off in 3Q
Earnings slide as the express provider warns of a slower-than-expected market.
- HUAL and Hyundai in space charter
- MSC in 10-year deal with Port of Baltimore
- NJ Governor: Landside access top issue at ports
- Importers challenge juice import tax
- Cargo off at Singapore Airlines: CEO
- Deadlines nears for new SED form
- Group urges Puerto Rico to consolidate trade data
- Customs, industry nearer agreement on ERP
- Report: Bush to tap Gurule for enforcement
- Bellville Rodair opens five offices
- EU mulls new shipyard subsidies
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| MARCH 22, 2001 |
- Empty box traffic on the rise
- K Line looks to TMA
- Newbuildings for Cosco
- Uniglory to launch new service
- SAGT takes delivery of 9 RTG's
- Lykes Lines extends Southeast Asia coverage
- Mercosul Line orders two container vessels from Brazil
- Delta Air, Air France JV gets nod from Department of Justice
- Athens moves airport
- Polar Air Cargo looks beyond Tokyo, Chicago
- Corporate Exchange takes off
- Sumec sets up Shanghai branch
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| MARCH 21, 2001 |
- Aeroxchange e-place for three airlines
- Internatio-Müller hesitates to sell chemical distribution
- X-ray scanner put for show
- Hygiene code for inland shipping
- KLM against privatisation Schiphol Airport
- Improved Asia-East Coast South America service
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| MARCH 22, 2001 |
- m. v. August Oldendorff makes maiden call at JN Port - Oldendorff Carriers (Indotrans) vessel
- Seafood exports nearing $ 1.25-bn mark: MPEDA
- Lanka to buy 100,000 t wheat
- US shipment delay benefits Indian soyameal exporters
- Dumping probe initiated against Nepal for first time
- Vast scope seen to boost Indo-Canadian trade
- KPT sets brisk pace in debris clearance
- MoPT sets yet another record in iron ore handling
- Rly Ministry launches Millennium Parcel Express scheme
- Chamber chief exhorts Indian businessmen to take a leaf from China
- KASEZ units spring back to feet after quake
- Govt urged to launch action plan for raising cotton output
- Tatas’ plan for Gopalpur SEZ cleared
- LS passes vote on account
- Mega trade fair in Doon Valley from April 28
- Textile processors end stir
- Investor Education & Protection Fund to be launched by May-end
- Nitish Kumar holds additional charge of Rlys
- SOPA clinics in 3 states soon
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| MARCH 21, 2001 |
- Panama avails good, St Eustatius getting tight
- Active market in Chile, Ecuador sluggish
- Electronic trading of IPE oil contracts reach new record levels
- East African markets this week
- West African market review
- Brazil bunker prices down by $5-10
- Mexican bunker price update
- Short term congestion in the Fujairah market
- New posted prices for Saudi Arabia
- Sluggish demand in Suez
- Clarksons and OceanConnect.com in joint marketing and services agreement
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| MARCH 21, 2001 |
- Mumbai Port Trust Cargo Terminal (India) to be operated by consortium
- GlobeWireless
- Auckland
- US helps Indonesia close gaps in the cool chain
- Japan's ports are feeling the deregulation pressure
- Freeway for Uzbekistan
- Uzbekistan privatizes its railroads
- Aqaba's Free Trade Zone taken into operation
- Airport Aden becomes Cargo Village in 2004
- Record year at Bahrain International Airport
- Kuwait: more aircraft bring less cargo
- PANYNJ: investments after news records in handling volumes
- US air freight: Westward Ho or no go?
- Changes between L.A. and Oakland
- Inland shipping freight market, week 11/01, 12th/16th March, 2001
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| MARCH 21, 2001 |
- Port Portland January tonnage at marine terminals up 7.1 percent over last year
- It's official! Evergreen will suspend operations in Portland, Oregon effective early to mid-June 2001
- Port of Portland uses local company to design structures for Toyota auto facility at Terminal 4
- Tank barge's automotive gasoline spill causes 1000 ft. long sheen on Fidalgo Bay
- Tacoma begins construction on light rail maintenance facility for link to Lakewood
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| MARCH 22, 2001 |
- 'Kristal' Sinks in Northern Spain
- Dar Sets Levy for Transit Cargo
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| MARCH 22, 2001 |
- Cover to soar on P-36 loss
Energy insurance rates are set to soar after the loss of the Petrobras’ P-36 oil platform in Brazil on Tuesday wiped out almost 60% of the global energy premium in one hit. The calamity has l...
- Mystery Swiss owner of Balu
AN unnamed Swiss investor with a penchant for doomed aged chemical tankers, has emerged as the owner of the 9,981 dwt chemical carrier Balu , which sank yesterday. The casualty ca...
- Double whammy for Italian insurer Siat
WITH two total losses in less than a month, Italian insurer Siat could probably qualify in the record books as the unluckiest insurer in the marine industry, writes Giovanni Paci. ...
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| MARCH 21, 2001 |
- Put ratings on the watch, says ISF
- Fred Olsen retires as H&W chairman
- Skippers fined in kit/cat hit
- Owners 'erode' seafarers' rights
- Tonnage law means firms face ruin
- Owners want longer yard guarantees
- Hutchison gets Ningbo nod
- FMD action worries UK brokers
- Two ships hit in Malacca Straits
- Mumbai adds reservation charge
- Frontline gets $104M for two VLCCs
- NZ focuses on FMD risk boxes
- The hunt for fraudulent certificates
- QE2 attends Port Rashid opening
- UN clamps down on stray Iraqi oil
- Australia broadcasts Mir warnings
- PSC detains Minoan’s newbuilding
- SA, Nigeria tie up for trade
- Bomb threat at Malta yard
- Tanzania imposes weighbridge levy
- Malta acts on Balu sinking
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| MARCH 22, 2001 |
- Anvers et sa darse à marée: de nouveaux permis pour septembre?
Si tout va bien, les travaux de construction de la darse à marée sur la rive gauche de l’Escaut pourraient reprendre un rythme accéléré en septembre/octobre prochain. Selon le ministre flamand de l’Economie et de l’Aménagement du territoire D. Van Mechelen, il s’agit cette fois de faire un sans fautes administratif et juridique.
- Freight Traders se lance sur le marché du Benelux
Le marché virtuel pour les transports Freight Traders, lancé au UK par le groupe alimentaire britannique Mars, a étendu son champ d’activité au continent. Il s’agit d’un système internet mettant en rapport les chargeurs et les transporteurs afin qu’ils puissent conclure des contrats de transport. A l’opposé d’une bourse de transport (telle que Teleroute, par exemple) Freight Traders ne met pas l’accent sur les commandes “spot” (trouver du fret de retour dans le cadre d’un transport spécifique), mais dans 90% des cas sur des contrats de transport à moyen terme (en général de quelques mois à deux ans). “Et, contrairement aux nombreuses bourses de transport internet qui se sont créées pendant la vague des “dotcoms”, notre système est opérationnel, avec un
portefeuille d’utilisateurs conséquent”, nous a expliqué Joe Critchley, directeur pour le marché européen.
- Leif Johansson: “Volvo est favorable aux échanges de quotas d’émissions”
Le Premier ministre belge Guy Verhofstadt et le président de Volvo Leif Johansson ont inauguré mardi soir le nouveau siège central du groupe suédois à Bruxelles. A cette occasion, Johansson a émis le souhait que l’industrie soit davantage impliquée dans la solution aux problèmes de pollution. Et il s’est déclaré favorable aux échanges de quotas d’émissions.
- Le rail canadien pourrait transporter 100 millions de tonnes en plus
Paul Tellier, président et CEO de Canadian National, a récemment émis la suggestion que le gouvernement canadien devrait utiliser les 160 mio. de CAD perçus annuellement sur le carburant utilisé par les sociétés ferroviaires pour encourager les chargeurs à passer de la route au rail.
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| MARCH 21, 2001 |
Maritime Contract News
- Mir Causes Anxiety In South Pacific
- Moody's Downgrades Cammell Laird
Breaking News
- ADSB Lobbies For $500M Patrol Boat Contract
- Tanker Rates Fall
- NNS Awards $446M Contracts
- Panamax Rates Weaken
- Moody's Downgrades Cammell Laird
- Bollinger To Construct Pair of Vessels For Seacor Marine
- Carnival Corp. Reports First Quarter Earnings
- Radiance Of The Seas Arrives In Miami
- CXIPY Revenue Hits $999M
- W&D Signs Contract with Wilmington Tug
- Big Four Maintaining Their Share
- Low Sales Activity of Significant Ferries in 2000
- ICS Speaks Out On Foot And Mouth
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| MARCH 21, 2001 |
- Hyundai founder dies
Legendary Hyundai empire builder Chung Ju-yung died in Seoul Wednesday.
- Carnival earnings slip
First quarter income fell at the US cruise giant, but the 2001 profit forecast has been revised up.
- Fred. Olsen steps down at Harland & Wolff
Belfast shipbuilder Harland & Wolff has a new chairman.
- Holt Group takes cover under Chapter 11
The US owner, which controls container line Navieras, has filed for bankruptcy protection from creditors.
- Weather delays tug rendezous with BP VLCC
Repair staff will be unable to reach a stranded and fully laden VLCC until the weekend.
- Frontline sells ships, buys own shares
The Fredriksen-controlled tanker giant has sold two VLCCS and continued to buy back shares.
- DNV deletes 85 vessels from class
Norwegian classification society Det Norske Veritas saw its profits crash back for 2000.
- Clarksons hooks up with OceanConnect
Online bunker trader OceanConnect and Clarksons are joining forces on bunker trading.
- Employees take stake in Leif Hoegh
Staff at the Norwegian shipping company have taken advantage of a discounted share offer.
- ICS slams UK over export vehicle spraying
The Institute of Chartered Shipbrokers says the shipping industry is picking up the tab for foot and mouth prevention.
- China Merchants ups Ming Wah shareholding
Parent of Singapore-listed tanker vehicle buys another sliver of shares.
- MISC confirms fifth LNG newbuilding
Malaysia International Shipping Corp is upping it gas ship order but holding back on plans to raise cash.
- Ocean Tankers ship robbed off Malaysia
Armed pirates have boarded and robbed a ship managed by the Singapore-based tanker operator.
- MOL set for $270m car carrier bonanza
Japanese giant set to build largest ever PCTCs as fleet investment programme continues.
- Former Halla head new boss at Hyundai
Kil-Sun Choi is taking up the reins as head of the world's largest shipbuilder.
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