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| MAY 24, 2001 |
Shipping News
- Losses from Chennai strike hit US$23m
THE ongoing work stoppage by stevedores at India's second busiest container port at Chennai - now in its 17th day - has resulted in mounting losses to industry, port and shipping lines now estimated at US$23 million.
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| MAY 23, 2001 |
- MTMC to privatize containers
The Military Traffic Management Command has decided to contract with a single private company to manage its fleet of 10,000 containers.
- Slow growth for global trade: WTO
The World Trade Organization predicted a 7% rise in global trade this year, but later admitted it might have been too optimistic.
- B2B exchanges: turmoil and transformation
The once-promising field of business-to-business exchanges is undergoing painful change.
- Descartes narrows loss
The supply chain management software provider also reported an operating profit of $4.5 million for the first quarter.
- APL acquires American Automar
The $50 million deal will allow Automar to continue to offer military services as an independent company.
- The Readers Speak: China under fire
- Kuehne & Nagel to acquire USCO Logistics
- US readies Asia-based trade portal
- Lufthansa pilots cancel strike
- OOCL names new Greek agent
- Optum bags JC Penney, Navy
- Japan pushes rail, sea shipments to cut truck use
- Houston PA approves Galveston merger
- AAEI to move to Washington
- Hapag-Lloyd expects steady growth
- LogiGo.com closes shop
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| MAY 24, 2001 |
- TNWA carries millionth container
- P&ON brings Houtman to Hong Kong
- P&O Nedlloyd Shackleton breaks records in Shanghai
- ICTSI launches internet portal for MICT
- Cornerstone laid for new China Southern/MTU jv
- Leased Fokkers help fight aircraft shortage
- Japan Airlines revenue up 6.6pc
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| MAY 23, 2001 |
- Dutch road haulage face road pricing
- U.S. economy worry for container lines
- Cargo Service Center shows independency
- U.S. - Mexico can get 'fast' ferry
- Dutch road haulier expands German logistic centre
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| MAY 24, 2001 |
- Widest box vessel Laura Maersk makes maiden call at NSICT - With biggest reefer capacity - 800 plugs
- Compulsory EDI transactions at Petrapole by Customs upsets exporters
- Higher cardamom output, exports likely
- Philippines, Vietnam buy Indian wheat
- Major edible oil producers hike prices by 10 pc
- Mandatory pre-shipment test upsets garment exporters
- IT study groups to submit reports on meeting $ 50-bn export target
- Capexcil chief sees scope to boost exports to Iraq
- Assocham for advance ruling on import valuation
- Garment exports stalled: CIAe
- ONGC, PLL in parleys for O&M contract at Dahej
- Chennai Port Container Terminal workers call off strike
- ‘Why is work at Jawahar Customs alone not smooth,’ ask CHA staff, ex-im trade
- United Airlines fancies developing ground handling services
- Govt to set up permanent product display centres overseas
- Sudan seeks Indian telecom expertise
- German tycoon discerns tremendous entrepreneurial talent of India
- Study identifies 18 states for attracting investments in food processing
- Cabinet eases norms for granting navaratna status
- Land acquisition for SEZ: AP govt appoints team
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| MAY 23, 2001 |
- Montreal and Halifax market review
- Good demand in New York and Philadelphia
- Steady market in Panama
- Gasoline rises on US stocks, crude oil little changed
- Prices edge down again in Rotterdam this afternoon
- Great Belt and Tallinn markets seen at firmer levels
- This week's bunker prices for Argentina
- Weekly report from Russian markets
- Good product avails and softer prices in Fujairah
- New price indications in Montevideo/Alpha Zone
- Firmer prices in Suez this week
- South African market review
- New posted prices for Saudi Arabia, avails seen improving in Jeddah
- West African markets this week
- Mexican bunker price update
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| MAY 23, 2001 |
- Annual Harbor Splash scheduled for tomorrow at Port of Vancouver's newly renovated Terminal 2
- Christos Lidorkiotis, retired general manager of International Shipping died May 4th
- U.S. railroads freight traffic shows gains over last year during week ended May 12
- President Bush delivers proclamation to declare National Maritime Day
- Thurston Boat Repair is newest tenant at Port of Olympia's Swantown Boatworks
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| MAY 24, 2001 |
- Company Hires Gurkhas to Guard Containers at Dar
- Efficiency at the Port of Mombasa High, Says Uganda Minister
- UK to Get Tough on Sea Safety
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| MAY 24, 2001 |
- American Eagle to fly solo in double listing
FOLLOWING months of speculation, Singapore’s Neptune Orient Lines is to list its US-based tanker subsidiary American Eagle Tankers, to fund expansion of its fleet. NOL said it plans t...
- Welch breaks ranks with bid for Cammell Teesside yard
THE sale of the insolvent shiprepair and shipbuilding specialist Cammel Laird started to pick up pace yesterday after the first concrete bid for one of the group’s UK yards landed on receiver...
- New snags hit talks on sale of Costa Classica section
TALKS between Lloyd Werft, the German shipyard specialising in cruise vessels, and Cammell Laird to buy the mid-ship section for the 53,000 gt cruiseship Costa Classica have hit further stumbling b...
- Todd goes as British Marine alters course
BRITISH Marine, described as the leading insurer for shipowners’ fixed price protection and indemnity insurance, is dismissing seven staff including top underwriter Stuart Todd. It is...
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| MAY 23, 2001 |
- Airtours stake oversubscribed
- Montevideo ramps up box berth plans
- ECT strike issue goes to court
- IMO tries again on piracy
- Disney crew nabbed in cocaine bust
- Canadian unions demand answers
- Paranagua hit by violent protests
- Operators battle for BA box trade
- Kandla closed to stowaways
- Indonesian companies 'must merge'
- No end in sight for Chennai impasse
- Confusion reigns over UAE flag ban
- Owners lukewarm over Finnish aid
- Austal Ships confirms 200 laid off
- Korea, EU talks to open on May 28
- More lines to use Vancouver for US
- Helicopters disperse oil spill
- House to vote on Coast Guard budget
- UAE bans FOCs
- US port congestion hearing opens
- Ciampi gets behind southern hubs
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| MAY 23, 2001 |
- DFDS Tor Line opte résolument pour des navires plus grands
DFDS Tor Line a passé une commande au constructeur naval allemand Flensburger Schiffbau-Gesellschaft pour trois nouveaux navires rouliers pur fret. L’armement a en outre pris une option sur cinq unités du même type. Il s’agit de navires dont la capacité est supérieure de près de la moitié à celle des plus grands navires de la flotte actuelle de l’opérateur ro/ro et qui pourront atteindre une vitesse de 22 noeuds. Les nouvelles unités seront en premier lieu affectées aux services entre Esbjerg au Danemark et Immingham au Royaume-Uni (le service “BrittanniaBridge”) et entre Gand et Göteborg en Suède (“EuroBridge”). Le premier navire de la nouvelle série sera mis en service en septembre 2003.
- Nissan Diesel dégage des bénéfices pour la première fois en quatre ans
Nissan Diesel a annoncé que ses efforts de restructuration et d’assainissement commencent enfin à porter leurs fruits. Pour la première fois depuis quatre ans en effet, le constructeur nippon de camions a réalisé des bénéfices au cours de l’année comptable écoulée (clôturée au 31 mars). Structurellement, l’entreprise va mieux, mais la dette demeure encore très élevée, trop en tout cas pour que Nissan et Renault SA, qui détiennent chacun 22,5% des actions, ne puissent envisager un rapprochement avec Volvo Truck. Nissan Diesel a d’ailleurs annoncé un rapprochement dans les moteurs de moyenne cylindrée avec son concurrent Hino (voir l’encadré).
- Palfinger introduit un nouveau système de manutention latérale
Le groupe Palfinger a présenté à la foire-exposition Transport & Logistic à Munich le “Mobiler” un nouveau système de transfert de caisses mobiles en rail-route. Le châssis du camion est équipé aux extrémités d’un système hydraulique permettant de transférer latéralement un container ou une caisse mobile d’un wagon sur sa plate-forme (ou l’inverse).
- Mainport Delta lance une base de données des terrains industriels sur internet
Mainport Delta est le nom sous lequel sera promu l’accord de collaboration transfrontalière entre les administrations provinciales d’Anvers, du Brabant néerlandais, de Flandre orientale, de Flandre occidentale, de Zélande, de Hollande-méridionale et quelques villes et ports. Le premier projet concret de la région du delta Rhin-Escaut (RSD) a été présenté hier à Anvers lors d’une journée Mainport Delta: le site internet Mainport Delta, un système d’information en ligne sur les terrains industriels, accessible tant aux entrepreneurs potentiels qu’aux promoteurs, chercheurs ou décideurs politiques.
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| MAY 23, 2001 |
Maritime Contract News
- The Rich Get Richer
- BP Chief: Bush Plan Will Not Spur More E&P
Breaking News
- Bergesen Reports Strong Profits
- Cammell Laird Receives An Offer For Teesside
- Lukoil Subsidiary Gets Stake In North Sea Shipping
- The Rich Get Richer
- Damaged Tanker Impounded
- UAE To Ban Bad Vessels
- Container Vessel Sold For $11.8M
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| MAY 23, 2001 |
- NOL unveils tanker arm listing plan
Neptune Orient Lines has given the green light to list its tanker-owning subsidiary.
- Carnival to receive $497m from Airtour sale
The sale of Carnival's 123.3m Airtour shares is expected to close on 1 June.
- Cosco Investment details handymax buys
Singapore's Cosco arm has bought two handymax bulker resales from Japan.
- Jiangnan wins train ferry order
Shanghai yard inks first ferry newbuilding deal.
- Container traffic set to jump at Vancouver
OOCL, NYK and Lykes Lines will deliver their US-bound container shipments via Vancouver port for the first time.
- Finnish flag exodus threat returns
Ferry firms in Finland are baffled by "disappointing" state subsidies and may look elsewhere to register ships.
- Babcock seeks to maintain control of HDW
German group plans to increase stake in Kiel yard after share swap with ThyssenKrupp.
- Christer Olsson steps down
Wallenius Lines veteran chief executive to be replaced by 35 year old.
- Norsk Hydro quits ship management
Cost cuts lead to technical operation of five LPG carriers going to Barber.
- Hitachi Zosen profits rise
Japanese shipbuilder Hitachi is forecasting increased earnings for the coming year.
- Namura doubles profits
Japan's Namura Shipbuilding Corp continues to raise its game.
- UAE bans 10 nations
The United Arab Emirates is blacklisting certain flags after a recent oil spill involving a Georgian tanker.
- Kawasaki boss to head Japan Ship Exporters
Toshio Kamei has a new role to play among Japan's shipbuilders.
- Romania impounds tanker Mesta
Coast guard officials have pulled in a damaged aframax tanker for non-payment of rescue fees.
- Corinth Canal strike looks set to drag on
Greek workers are standing firm in opposition to Sea Containers' concession to run the waterway.
- Spotlight falls on Norwegian Sky autopilot
Coast Guard investigations into last weekend's listing incident will look at the ship's autopilot system.
- EU and Korean negotiators to meet Monday
The two teams will meet in Seoul next week to try to resolve the dispute over alleged subsidies.
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