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| JULY 24, 2001 |
Shipping News
- Wales awash in oil of a different kind
AN oil spill of a different sort has closed a 12-mile stretch of coastline in northern Wales after a cargo ship was suspected of spilling several tons of cooking oil.
- Intertanko concerned by large number of tanker inspections
- PSA still sees potential in investing in China ports
Air and Land Transport
- MAS probing past contracts for shady dealings
MALAYSIAN Airline System Bhd is investigating contracts signed by former management and plans to expose any improper activity in a bid to help the national carrier cut costs.
- Air Canada to start discount carrier
- Shandong Airlines to invest in Jinan Airport
- United ground workers ready to strike if talks collapse
- Swissair to give 1.8b francsto rescue AOM-Air Liberte
- China's 3-way airline merger progressing well
Features
- Bumpy ride ahead in Latin American market
THE radar screen for commercial airplane manufacturers shows some short-term turbulence in Latin America followed by steady growth, industry players say, as long as the local economies manage to reach a cruising speed that can be maintained over the long haul.
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| JULY 23, 2001 |
- HK rejects open skies
Talks between the U.S. and Hong Kong failed to resolve differences over opening services to the world's busiest air freight hub.
- Baltimore train fire under control
The rail tunnel derailment has choked traffic up and down the eastern seaboard.
- Germany to sell remainder of Deutsche Post
The government plans to sell its majority stake in the recently-privatized global mail, express and logistics company.
- Reactions: United flying right in India dispute
- UPS mulling Chile alliance
- Hellmann promotes Lewinsky to head sales
- China Airlines launching Nashville freighter service
- Americas east coast services to restructure
- Oakland clerks, stevedore in contract talks
- Brazil port launches Med service
- Freightgate acquires CargoPolicy
- Brokers seek bankruptcy legislation
- Winter, economy hit CP Rail bottom line
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| JULY 24, 2001 |
- APL Direct Logistics signs deal with SmartBargains
- Vantico hands distribution logistics to Panalpina
- Africa-China network sees expansion
- Kuehne & Nagel adds INTTRA ocean freight services
- Air Canada reaches agreement with ACPA
- Air New Zealand Ansett group appoints new VP
- FAA introduces new air traffic control system
- Polish LOT expands Europe network
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| JULY 23, 2001 |
- Lower profit Eurotunnel
- 'EU to rule against Deutsche Post'
- DaimlerChrysler's net better than expected
- Concerns about AMR-BA venture
- Brokers want bankruptcy legislation
- Drop in cargo transport Amsterdam
- Vopak joint-venture in barge brokering
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| JULY 24, 2001 |
- Clearship Group & Planet India Technologies launch Intranet/Extranet e-solution
- Europe accounted for 25.4 pc of India’s exports in 2000-01
- Exports to China soar by 51 pc in 5 months
- J&K exports handicraft worth Rs 440 cr
- $ trading in pepper from September likely
- P. M. Mahapatra joins JNPT as Chief Manager (Finance)
- AI offers introductory rates on Chennai-HK cargo
- AAI plans cold storage unit at Sahar by Aug. 2002
- Now, MEZs on cards
- Inflation moves up to 5.17 pc
- Hardware services market growing at 15-20 pc, says survey
- Need to consolidate fiscal status between Centre and States stressed
- Infrastructure sector holds key to economic revival: CII poll finding
- Good monsoon augurs well for cotton crop
- French Minister’s visit to activate Indo-EU farm group
- Ficci: Free managerial remuneration from company law purview
- 9 states likely to impose luxury tax
- Industry to be consulted before VAT Bill enactment - Draft to be ready by month-end
- Forex reserves up by $ 141 million to $ 43,596 million
- Govindarajan new Industrial Policy Secy
- SGS launching new on-line service
- Gopal Mohata heads roller flour mills’ body
- Digvijay Singh given Commerce & Ind. portfolio
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| JULY 23, 2001 |
- Keen bunker numbers in Rotterdam amid firming market
- South Europe: Operations restarted in Genoa
- Fujairah prices rise less than anticipated
- West African crude attractive again for Asian refiners
- Korean prices only marginally higher
- Prices rise in Singapore on firming fundamentals
- Oil still found on the beaches 12 years after Exxon Valdez
- Crude oil rises as OPEC talks of 1 to 1.5 million barrel cut from September
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| JULY 24, 2001 |
- New combined traffic association in Spain
- Hauliers fear rationing program
- Locomotives for MRS
- NS offers direct services to Savannah
- ICF and ICA share Pannoncont
- New intermodal terminal at Lomme
- German Government undecided on Deutsche Bahn
- New intermodal terminal at Leipzig-Wahren
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| JULY 23, 2001 |
- Stelmar buys newbuilding product tanker
Athens-based Stelmar Shipping Ltd. has reached agreement to purchase D'Amico's newbuilding Hull 1071, currently under construction at Daedong Shipyard, South Korea.
- Halter gets ATB order
Friede Goldman Halter's Halter Marine Inc.unit has signed a contract with Bouchard Coastwise Management, Inc., of Hicksville, New York, for construction of a 110,000-barrel, oceangoing, double-hulled articulating tug-barge (ATB).
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| JULY 24, 2001 |
- Sukarno’s daughter leads Indonesia as Wahid goes
Indonesian lawmakers elected Megawati Sukarnoputri (above), daughter of the country’s founding leader, as the fourth president in as many turbulent years yesterday, sacking her predecessor, A...
- Toisa calls off $200m high yield bond issue
Nervousness in the high yield bond market has led marine transportation services company Toisa to pull the pricing of its latest financing initiative, due tomorrow - but the move may prove il...
- Maersk Sealand freezes Medcenter stake
INTERNATIONAL liner operator Maersk Sealand has given up an option to buy a further 20% of the Medcenter Container Terminal in Gioia Tauro, Italy, German shipping sources said. Two years ag...
- Six ADX boxships arrested in Gibraltar
SIX containerships operated by ADX Services and apparently suffering propulsion faults have been arrested in Gibraltar. A seventh now heading for Gibraltar will be arrested on arrival, acco...
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| JULY 23, 2001 |
- EU/Korea clash now 'unavoidable'
- Senator starts port security drive
- Carnival passengers arrested
- Ports untouched by Indonesia crisis
- Ferry pool blocks newcomer
- Global competition move by Marina
- Festival secures Cuba slot
- Uniglory heads for Borneo
- Ennore set for growth
- Moroccan 'flood' stretches ferries
- Freight group backs port directive
- Hutchison halts China port push
- Haldia pilots block jobs scheme
- Foreign lines reject TAMP ruling
- Petronas takes control of refinery
- Falklands service changes hands
- Owners dismiss ITF Liberia campaign
- Leading Panama lawyer murdered
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| JULY 24, 2001 |
- L’importance de la France diminue pour le groupe Heppner
En 2000, le groupe français Heppner a réalisé 1,986 mia de FRF (302,76 mio d’EUR) de CA. La messagerie routière (France + Europe) a encore généré 46% du CA global. Mais l’importance relative de la France tend à diminuer. Cette diversification géographique s’accompagne d’une tendance similaire en ce qui concerne les différentes spécialités développées. A la messagerie, viennent en effet s’ajouter de plus en plus les apports de l’aérien, du maritime et bien sûr de la logistique. On note même un positionnement affirmé sur le marché du e-commerce.
- Le Livre Blanc récolte - déjà - les critiques de l’IRU
Le noveau Livre Blanc de la Commission européenne sur la politique des transports de l’UE pour les dix années à venir n’est toujours pas sorti, et pourtant il suscite déjà dans les milieux routiers une véritable levée de boucliers. “Il a pour but de séparer la croissance du transport et la croissance économique, et de promouvoir le rail comme alternative efficace au transport routier, posant des bases irréalistes pour accéder au développement durable. Celui-ci nécessite plutôt des actions au niveau de l’innovation, des incitations et de l’infrastructure”, dit l’IRU dans un communiqué. La FNTR française, quant à elle, dit qu’il faudra “gérer l’expansion dans un esprit de dialogue et une volonté de modernité”.
- La CE veut harmoniser les divers principes de tarification pour l’usage de l’infrastructure
La Commission européenne vient d’approuver (voir LL du 19/7) plusieurs ‘orientations politiques’ pour son Livre Blanc concernant la future politique de transport de l’Union européenne. Ces ‘orientations’ constitueront la base d’une soixantaine de propositions qui seront énumérées en détail dans le Livre Blanc que la Commission acceptera formellement en septembre. L’objectif de ce document est de pourvoir l’Union européenne d’un programme d’action qui devrait progressivement séparer la croissance du transport de la croissance économique.
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| JULY 23, 2001 |
Maritime Contract News
- ITF Targets Liberian Flag
- Over-capacity builds up in transpacific container trade
Breaking News
- Panamax Rates Under Pressure
- Memco Barge Line Sold
- NAVSEA Divers Help Raise History
- TMN To List Shares
- Power Barges Bring New Light To Lagos
- NSCSA Reports $31M Profit
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| JULY 23, 2001 |
- Stelmar gobbles up $30.75m newbuilding
Delivery of 35,700mt sister ship to the Petromar is set for February 2002.
- Four busted for drugs on Carnival ship
The seizure of cocaine and heroin is said to have a street value of $3m.
- Carnival to tap Bermuda cruise market
The cruise operator will make the first voyage to the island in nearly three years in May 2002.
- World-Wide VLCC heads for breakers
Pakistan buyers have snapped up their first scrap sale of a VLCC in 2001.
- LISCR-IRI litigation proceeds to next stage
The lawsuit is expected to take more than one year to complete.
- Saipem snaps up Moss Maritime
ENI subsidiary pays $55m for pioneering gas carrier and offshore designer.
- Toisa pulls $200m junk bond issue
Gregory Callimanopulos drops plan to raise funds secured against 20 offshore vessels.
- Louisiana waterway reopens
Vessel traffic in the Intracoastal waterway near New Orleans has returned to normal.
- General Dynamics again extends Newport offer
Both suitors of Newport News Shipbuilding have to extend their offers while US DOJ reviews anti-trust concerns.
- Coastguard searches for QE2 crew member
UK coast guards are scouring a section of the Atlantic for a missing Cunard chef.
- Vopak and VST to combine barge fleets
Dutch owners Vopak and VST will put management of their barges in the hands of a new joint venture.
- Thessaloniki shares up for grabs
The government is selling a stake in the port authority of Greece's second city.
- Shun Tak inks new Macau deal
The Hong Kong ferry firm has extended the charter of two ships to Stanley Ho's Macau gambling franchise.
- Australia enforces new reef protection laws
Tankers and large vessels transiting Australia's Great Barrier Reef area face new rulings and penalties.
- Oshima develops larger Panamax bulker
Japanese bulker specialist has squeezed more freight carrying capacity into a new panamax design.
- Bids invited for Constanza yard
Romania is selling off Saniterul Naval on the Black Sea.
- Hanjin defies transpacific downturn
Korean liner operator claims positive increases in Asia to North America cargo volumes despite economic woes.
- NSCSA earnings mount
Fresh from spending $330m on four VLCC resales, the Saudi owner announced a profit for the first six months.
- Sovcomflot swings into profit
Russian shipowner Sovcomflot is splashing out on new vessels as it starts to pull in the cash again.
- HK Parkview hit by Philippines downturn
Ferry to property group runs into the red as its Philippines operation is hit by political instability and recession.
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