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| MARCH 23, 2001 |
Shipping News
- China to limit foreign stakes in new port projects
[HONGKONG] China has decided to bar foreign investors from taking controlling stakes in future port and infrastructure projects, a Shenzhen port official said, raising questions about Hutchison Whampoa's mainland expansion plans.
- Ships warned to stay clear of Mir splashdown
- P&O Nedlloyd likely to be spun off
- LT to phase out W Africa service
Air and Land Transport
- Korean minister may be sacked over airport problems
[INCHON, South Korea] President Kim Dae-Jung vowed yesterday that South Korea's new international airport would be the most competitive in Asia, amid reports that the construction minister will be sacked because of troubles at the US$5.4 billion (S$9.5 billion) project.
- THAI shares rise as board offers to quit
- Bombardier signs US$1.2b 40-plane deal with Mesa Air
- FedEx's 3rd-qtr profit up 1.8% after rate increase
- Indian Air to start daily S'pore flights
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| MARCH 23, 2001 |
- China Shipping Group, Samsung agree on 9,800-TEU vessels
The companies have signed a letter of intent to build the world's largest containerships.
- OSRA not influencing rates: WSC
Shippers and carriers are negotiating more terms under confidential contracts, but supply and demand are still dictating rate levels, a World Shipping Council. report says.
- Cho Yang cuts US staff
The struggling carrier consolidated operations and closed two offices.
- UPS warns that earnings will fall
The carrier expects profits will be at least five cents a share below last year's first-quarter results.
- Holt: Business as usual after bankruptcy filing
- DOT, Mexico talk trucks
- Mercosul Line orders two box ships
- Kent Line upgrades North America-Caribbean service
- Canada mulling Great Lakes-Seaway boost
- TMM Lines unveils trans-Pacific service
- West Coast port volume declines
- Barbours Cut starts $52M renovation
- New VSA in N. America-Australia trade
- Banking Committee passes export bill
- ING Barings Conference: Carriers will Web-lease chassis
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| MARCH 23, 2001 |
- Florida's Port Everglades moving with the times
- Mid-stream fee claim prompts surprise among shippers
- Long Beach container trade slows
- Maersk Logistics bags two AFIA trophies
- EU fines Deutsche Post
- Varig, Icelandair and Thai Airways join Aeroxchange
- EVA Air orders Airbus A330s
- DHL fights operating suits
- BAX names new man
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| MARCH 22, 2001 |
- Fedex net down in third quarter
- US West coast port volume declines
- US parliament discussion about airline mergers
- Brussels to force liberalisation of air traffic control
- Flotation of Amsterdam Airport postponed
- TMM Lines To Launch Asia-Americas Service
- Uniglory to launch a new Far East / Red Sea service
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| MARCH 23, 2001 |
- ‘MobileDart’, a boon for shippers, launched
- Black pepper imports rising
- Philippines may buy Indian rice
- Edible oil imports up 27 pc in 4 months
- Coffee exports decline
- Granite exporters unfazed by EU dumping probe
- Sugar exporters sight target
- Ficci study fears EC policy for LDCs will have adverse impact on sugar exports
- Symbols for approved veg, non-veg food items
- Higher global cotton output projected
- MSP for milling copra announced
- Export of 50,000 t onions okayed
- States told to waive sales, trade tax for processing firms
- Markfed allowed to export wheat
- DSP may export Railway wheels
- Maran urges Sinha to provide export sops to cut transaction costs
- Sinha against across-the-board waiver of import duty for SEZs
- IMC chief feels insurance market needs to be customer-friendly
- NADIAD to create awareness about dumping
- Gujarat waives stamp duty for quake-hit industry
- Chennai to host ‘Shrimp 2001’
- Nagpur CHAs Association office-bearers
- Pallavi Jha new Chairperson of CII State Council
- 15 IT firms participating in Hanover fair
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| MARCH 22, 2001 |
- Very good avails reported in LA and San Francisco
- Pacific North West markets mostly flat
- Canada East Coast: Seaway scheduled to reopen next week
- Tight avails in New York and Philadelphia
- US Gulf week-on-week prices down by another $10
- Great Belt and Baltic markets this week
- Istanbul market quiet, Piraeus more competitive
- Gibraltar: Softer prices and short term congestion
- Some tight fuel oil avails in Augusta and Genoa
- Bunker prices for Irish ports
- Prices rise in Antwerp as congestion returns to Rotterdam
- European expansion for maritime law specialist Ignacio de Ros
- Brazil bunker prices steady
- Moderate price movements in Singapore, big spread in cargo bid/offer
- Hong Kong prices expected to firm
- Avails getting tight in Japan, demand sluggish
- Korea prices seen steady with mixed avails
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| MARCH 23, 2001 |
- MSC to Baltimore
- New Asia-Europe service
- Zim/CSAV jointly in the Pacific
- Lykes Lines weekly to Puerto Cabello
- Senator Lines
- «K« Line
- Evergreen's mew terminal fully operational
- New INTTRA member
- Wallhamn appoints Bange
- Med Pac Conference members
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| MARCH 22, 2001 |
- Port Anacortes to level smokestack at Seafarers' Memorial Park after Ash Wednesday earthquake
- Surplus cranes and miscellaneous items for sale at the Port of Seattle
- American railroads report carload freight up week ending March 10 due to a surge in coal traffic
- Port of Tacoma leases warehouse/office space to American Fast Freight for $20,812 month
- Port of Portland finishes maintenance dredging for selected berths at Terminals Five and Six
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| MARCH 23, 2001 |
- Firms queue up for Britain’s tonnage tax
ALMOST 40 companies representing more than 600 vessels have approached the Inland Revenue about the possibility of joining the British tonnage tax. The impressive level of inquiries was dis...
- UK Coastguard gets clean bill of health
BRITAIN’S port state control authority represents good value for the taxpayer, according to detailed scrutiny from the UK’s public spending watchdog. Nevertheless, the National...
- Zurich troubles wipe billions off insurers
SHIVERS swept through the insurance sector yesterday after billions of dollars were wiped off company values. The catalyst for the investor exodus was a dire set of results from Europe?...
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| MARCH 22, 2001 |
- FMD knock-on hits Rotterdam
- Holt Group files for bankruptcy
- Southampton council backs Dibden
- New CoS chief to promote quality
- Chinese steel giants in tie-up
- Wilhelmshaven tipped to win
- Brazil puts out 'unwelcome' mat
- Dubai OK for private participation
- Thai rail link investment sought
- Thai shipping chiefs resign
- Bad weather delays tanker repair
- Carnival first quarter yield stable
- Washington to target port capacity
- Cause of pod failure identified
- Bids invited for Slovak operator
- Blackouts hit Long Beach
- Jose terminal operator signs up
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| MARCH 23, 2001 |
- Hausse du bénéfice et du CA du groupe Stinnes
Le groupe allemand Stinnes a réalisé un CA de 12 mia. d’EUR l’année dernière, une hausse de 2,3% par rapport à 1999. Le bénéfice net a augmenté de 11,9% à 201,8 mio. d’EUR. C’est avec une fierté non dissimulée que Wulf Bernotat, le CEO du groupe, a déclaré que le groupe est “plus fort que jamais” lors de la conférence de presse à Mülheim. “Notre bénéfice a augmenté de manière substantielle, nous avons renforcé notre éventail d’activités et jeté les bases de la croissance future.” Le groupe a principalement investi dans la division chimique l’année dernière et se concentrera sur les activités logistiques et de transport de Schenker cette année. Dans ce contexte, Bernotat a déclaré
que le groupe a mis plus d’un demi milliard d’EUR de côté pour les acquisitions et les partenariats de cette division.
- Vers une reconnaissance de la profession d’agent maritime?
“J’ai l’impression que la profession d’agent maritime est quelque peu méconnue”, a constaté le président Robert Vermeersch lors de la présentation du rapport annuel de la Fédération Maritime d’Anvers (FMA), qui fête son centenaire. Le représentant des armements dans un port maritime doit accomplir tout un éventail de tâches, qui toutes demandent un haut degré de spécialisation. Depuis près de 20 ans - depuis 1982 - la FMA tente d’obtenir une certaine forme de reconnaissance pour la profession, jusqu’ici sans succès.
- Marchandage politiquedans le dossier de la darse à marée?
La réunion d’urgence - organisée à la demande de l’échevin Leo Delwaide - du Conseil de concertation du port d’Anvers n’a guère apporté d’éléments nouveaux. Le Conseil a pris connaissance d’un rapport d’un groupe de travail placé sous la présidence du ministre flamand de l’Economie et de l’Aménagement du Territoire Dirk Van Mechelen. Il y a eu accord sur l’approche proposée, qui implique une relance des procédures en vue d’obtenir de nouveaux permis, ce qui implique notamment une nouvelle étude d’incidence sur l’environnement (MER), qui prendra quatre mois. L’administration portuaire a aussitôt donné instruction de commander cette étude, qui devrait être prête pour la fin juillet. Si elle est déclarée
conforme, interviendra alors une demande pour de nouveaux permis, sur base de tous les éléments requis. A ce moment démarrera une période de trente jours pour enquêtes publiques. Si tout va bien, les travaux pourraient redémarrer en octobre. Au cours de cette réunion, tant le patronat que les syndicats ont mis en évidence l’importance capitale de cette darse à marée.
- Anvers reste le principal atout du réseau d’Azimut
L’entreprise de groupage anversoise Azimut Services fête aujourd’hui son cinquième anniversaire. Nous avons parlé avec l’administrateur délégué Patrick Wouters au sujet de la poursuite conséquente de la philosophie de base de l’entreprise qui repose essentiellement sur un service personnalisé, une tarification équitable, la neutralité et Anvers comme point de départ et de destination.
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| MARCH 22, 2001 |
Maritime Contract News
Breaking News
- Tug To Reach Tanker By Friday
- Kursk Rescue Plans Coming
- Teekay Rating Raised
- U.S. Carrier Docks In New Singapore Pier
- Holt Group Files For Bankruptcy
- Hyundai Founder Dies
- Frontline Ltd. Sells Two VLCCs
- OceanConnect.com And Clarksons Agree On Bunker Business
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| MARCH 22, 2001 |
- Alafouzos hives off ExxonMobil tankers
ExxonMobil-chartered tankers are being used to bolster Alafouzos' newspaper interests.
- Club manager in the money
Running the Standard P&I club and other mutuals proves profitable for Charles Taylor.
- Gard seeks new chief
Four wise men to find a replacement for John Bernander.
- Izar bids to save order
Spanish shipbuilding chief Enrique Llorens asks Navion to revive cancelled tanker deal.
- Court quashes Novoship loan-for-shares deal
Battle for control of Russian owner after ruling which could return company-held shares to the state.
- Haven haunts Stelmar chief
Decade old tanker tragedy brings Stelios Haji-Ioannou back to Italian appeal court.
- UK port state control holds 19
Port state control detainees in the UK during February included a vessel with no main engine power.
- Profits slump at Samho Heavy Industries
Low production levels and bulker contract prices hit 2000 profits for Korean yard.
- CMN buys slice of Abu Dhabi yard
The French shipbuilder is buying a stake in Abu Dhabi Ship Building from Newport News.
- Ships warned off Mir crash site
A few small merchant vessels are still braving seas where 137 tons of Russian space centre is due to land.
- VinaLines buys feeder containership
State-run Vietnamese liner operator adds to growing fleet and has eye on further acquisitions.
- Zodiac Maritime buys HMM car carriers
Korean ship owner boosts links with Ofer group firm with second sale and charter back deal.
- PIL orders feeder quartet at Daesun
Singapore liner operator grabs early delivery slots for containership newbuildings.
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