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| MARCH 26, 2001 |
Shipping News
- Carriers upbeat despite falling volumes at US west coast ports
[SINGAPORE] While early indications from key ports on the US West Coast appear to be confirming an economic slowdown, major transpacific carriers remain upbeat.
- Japanese shipyards getting a boost from weaker yen
- South Korea plans new port authorities for Pusan, Inchon
- PSA sets new vessel productivity rate record
- Ship sales
Air and Land Transport
- Airlines share blame for rising air rage cases: ICAO
[NEW DELHI] Airline chief executives should fly economy class to better understand air rage, according to International Civil Aviation Organisation (ICAO) secretary general R C Costa Pereira.
- THAI gears up to restore image after blast
- Europe wide air traffic space gets go-ahead
- US urged not to block flight transfers at National Airport
- Log Book
Features
- Oil rig loss threatens to sink Petrobras' reputation
The sinking of the world's largest offshore rig is the latest in a series of accidents and embarrassing oil spills that have dogged Br zil's giant oil producer over the last three years.
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| MARCH 26, 2001 |
- Ports: Dump HMT
The American Association of Port Authorities wants Congress to fund harbor maintenance from general revenues.
- Down year seen for Seaway
Total tonnage is expected to be below 2000 levels - the lowest in five years.
- Foot-and-mouth slows Rotterdam
Customs checks are delaying shipping movements at the world's largest port.
- New units lift Deutsche Post
The German multinational said it is on track to become the globe's top logistics provider.
- Former Customs auditor Polidoro joins Barthco
- German, Dutch transport see results surge
- GoCargo shifts focus, lays off 20
- Tradiant adds three carriers to GTN project
- Colombo expecting boost from new Europe service
- Shanghai launches new logistics hub
- GATX acquires Polish tank car operator
- Malaysia to expand box hauler sector
- ING Barings: Celadon eyes Mexico, B2B
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| MARCH 26, 2001 |
- Strongest quarterly results ever for P&ON
- New railway lines for southern China and Vietnam
- Anti piracy measures for the Asian region
- Emirates Airline annexes Dusseldorf, Tripoli
- KLM shuffles the pack
- Bangkok frequency increased
- BAX Global fills top jobs
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| MARCH 23, 2001 |
- UPS calls on Bush to revoke DHL License
- Samsung to build 9,800 Teu ships for China
- UPS adjusts earnings expectation down 10 per cent
- DOT reviews DHL and FedEx compliance fight
- US court agrees with FedEx/USPS
- Port makes money from meat crisis
- China limits foreign port stakes
- Cho Yang to cut US staff
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| MARCH 23, 2001 |
- Petrobras will replace sunken oil rig
- Small fire at Inchon refinery, CDUs operating as normal
- Brazil bunker price update
- Crude oil steady after a volatile week
- New weekly global averages
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| MARCH 23, 2001 |
- Probation, fine for Neptune Dorado master
The United States Attorney's Office for the Northern District of California announced that Kiriakos Daioglou was sentenced yesterday to three years of probation for willfully and knowingly failing to report to the United States Coast Guard the hazardous condition of the T/V Neptune Dorado, in violation of the Ports and Waterways Safety Act
- Big Red boat sold to Spanish operators
One of the ill-fated Premier Cruises' "Big Red Boats"--The Oceanic-- has been sold to Pullmantur, Spain
- Carnival profit drops
Carnival Corporation (NYSE: CCL) reported net income of $128.0 million ($0.22 diluted EPS) on revenues of $1.0 billion for its first quarter ended February 28, 2001, compared to net income of $171.5 million ($0.28 diluted EPS) on revenues of $824.9 million for the same quarter in 2000.
- Frontline sells two VLCCs
Frontline Ltd. (NASDAQ ticker FRONY) has sold the two VLCCs, Front Tartar and Front Tarim, both built 1993 to undisclosed buyers for an en-bloc price of $104 million.
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| MARCH 23, 2001 |
- Boeing plans to move company's corporate office out of Seattle to new headquarters in another state
- Fear of Hoof and Mouth Disease causes Australian Quarantine Inspection to check inbound containers
- Western sawmills report lower activity in first half 2001 but expect improvement in second
- Port Bellingham enters agreement for $90,000 to engineer the Bellwether building's final phase
- Port of Seattle budgets $6.8 million for work on Berth Six at Terminal 18
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| MARCH 24, 2001 |
- Running on empty in the Western Sahara
WHEN choosing a gift, it’s the thought that counts — but who can fathom the thoughts of the anonymous benefactor who sent second-hand ice skates to War on Want’s Toys Make Children Happy appeal for...
- A veteran remembered
THE era of the battleship is brought to life in a new book about HMS Warspite, which survived two world wars to become one of the most famous fighting ships of her time. The book...
- Lutine
Luck of the Irish faces Czechmate A FULL World Cup qualifying card for Saturday and Wednesday provides ample opportunity to bash the bookies. The bet of the day must be the Czech R...
- Net proceeds of seven centuries
AS FISHERMEN protest against the ban imposed by Europe to replenish fish stocks, a look back at the commercial fisheries of England and Wales since 1300 seems timely, writes Sandra Speares. ...
- Nearly 30 years fostering Carnival spirit
AN interview with Bob Dickinson is undoubtedly the high spot of any trip to Miami. Sharp, acerbic and perceptive, the man is a journalist’s dream. A few well-placed questions and you can sit back a...
- Prophet of doom in the world of safety at sea
"I HAVE to be careful what I say," began Frank Coles, managing director of GlobeWireless LLC. He then proceeded to ignore his own advice comprehensively " but it was the best decision in th...
- Not even the stars can give us total answers
NOW that the international space station has become a feature of my local environment, I feel a new dimension has entered my life. As I gaze westwards from my doorstep on clear nights, I fe...
- The cunning of an ostrich
Like many investors, Leroy Henry has seen his share of losses as the stock market continues to tumble. But, despite the turmoil, he is not agonising over the damage to his portfolio. Mr Hen...
- this was the week ...
Festival bond plan paves way for float FESTIVAL Cruises is to step in to the high yield bond market by issuing a e 150m ($141.5m) to e 200m ($188.6m) bond to fund two further new...
- Business Travel
Stuart MacKenzie Opened last November: the Radisson Hotel Waterfront The best of both worlds WHEN the Radisson Hotel Waterfront in Cape Town opened its doors for business la...
- New kids on the block can be rated - @t last
MILLIONS of small to medium- size companies are to get the chance they dreamed of to be recognised in a respectable ratings system, just like the high-powered conglomerates. It will cost th...
- The week’sWinners
Paladin The emerging international oil and gas developer rides the surge in the price of crude with profits of £17.4m ($11.8m) in 2000, five times those achieved last year. MOL...
- The week’sLosers
Insurers One of the worst weeks for a very long time. Lloyd’s is hit by a negative report from Moody’s that says next year will not be a good one. The Petrobras casualty wipes...
- QuoteUnquote
"We don’t care what flag you fly or where you travel. When you are in Alaska you will obey Alaska’s laws and respect our values." "Charterers want to play foot...
- Lloyd’s List Chess column
THE placement of pawns on the key central squares d4, d5, e4 and e5 are one of the key factors in determining middlegame plans. Last week we looked at so-called ‘open centres’ &...
- Movers&Shakers
Cameron heads CNA Angus K Cameron has been appointed to the newly created position of chief financial officer for CNA Europe Holdings, the parent of both Maritime and CIE. Angus jo...
- What’sHappeningWhere
Lloyd’s List Events, Exhibitions and Conferences 2001 March Lloyd’s Maritime Training Programme Obtaining Finance for Shipping Seminar...
- Floating one for the future
WHEN man first landed on the moon in the 1960s there were those who thought it meant that by the turn of the millennium space travel for the masses would be as common as flying to the Costa Bra...
- Ferry consolidation wins some Sterling support
THE first results from P&O since it floated off its cruise business seemed to leave the press in some confusion, with little agreement about what was the key point. Indeed, the Pink Pa...
- Taking an industry out of the shadows
ONE of the more noteworthy aspects of British maritime life in the past couple of years has been the open way the new Maritime and Coastguard Agency has gone about its business under the stewardshi...
- Hoverspeed suffers a Dover delay
THE best-laid plans of Hoverspeed to introduce three of its four fast monohulls to Dover last Monday came to nothing when a berth being converted by the harbour board was not ready and the whole th...
- Ceremony has shades of Shakespeare
THE winners of the 2001 Citis 2001 LSM Awards received their gongs in the restrained splendour of the Globe Theatre on London’s south bank on Monday evening. An admirably brief ceremo...
- Festival’s niche is as happy medium
THE key point to come out of George Poulides’ hospitality in St Nazaire was that Festival Cruises will definitely be ordering two more ships, its seventh and eighth, some time later this year...
- A must for the aspiring yachting enthusiast
IF YOU are thinking of taking the Royal Yachting Association’s coastal skipper or yachtmaster course, an updated reference manual for the course is now available, writes Sandra Speares. ...
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| MARCH 23, 2001 |
- ANZDL links WCSA-Australasia trade
- Steel industry comes to Subic
- Hyundai Corp to move into building
- FESCO in service shake-up
- Indian meat exports hit by FMD
- FMD restrictions hit Euro trade
- Szczecin wage proposal blow
- Ken Sho cargo given all-clear
- Indian owners seek workforce cuts
- China oil imports set to soar
- River operators join forces
- Court halts newbuild bidding
- Six make Hellenic short-list
- Weir trading in Bilbao assets
- Fremantle access under review
- Balearics rule out shipping gas
- NYK box ship on fire off Halifax
- Monterey forced to cancel cruises
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| MARCH 24, 2001 |
- Deutsche Post augmente son CA de moitié et double son bénéfice
L’an 2000 a été un grand cru pour Deutsche Post World Net (DPWN), à telle enseigne que le CEO Klaus Zumwinkel considère tout bonnement l’exercice 2000 comme la meilleure année de l’histoire du groupe. Le chiffre d’affaires a augmenté de 46% à 32,7 milliards d’EUR, le bénéfice brut de 158% à 2,38 mia. d’EUR. Fait marquant: le courrier traditionnel ne livre plus l’essentiel du chiffre d’affaires, dont la plus grande partie est générée hors d’Allemagne.
- Dachser (Allemagne) et Nexia (France) s’allient dans les transports frigorifiques
Le groupe Dachser et la société française Nexia viennent de signer à Paris un accord présenté comme la première étape d’un réseau européen de transport routier sous température dirigée (froid). Il s’agit de l’héritage d’initiatives lancées dès 1999 par Dachser et Exel Froid France. Dans la corbeille de mariage, le groupe allemand apporte notamment ses 28 plates-formes de transport-logistique, tandis que le partenaire français en apporte 26. Le mode d’exploitation devrait être innovant: sur certaines liaisons les mêmes moyens de traction seront utilisés pour les marchandises sous température dirigée et pour celles relevant de la messagerie routière “sèche”.
- Dentressangle affiche des résultats 2000 meilleurs que prévu
Avec des résultats en croissance significative, une bonne rentabilité dans les transports malgré la hausse du diesel et les 35 heures, et des perspectives favorables pour 2001, le groupe français Norbert Dentressangle a tout lieu de se montrer satisfait. Il vient de publier ses résultats financiers annuels, qui lui donnent les moyens de poursuivre son expansion. Pour cette année, le groupe affiche un même optimisme, entre autres grâce à l’obtention de nouveaux contrats.
- Géodis dans le rouge en 2000
Le groupe français Géodis doit encore présenter ses résultats financiers pour 2000 à l’assemblée générale qui aura lieu en mai, mais il vient de les publier en résumé. “Les résultats sont en net retrait par rapport à 1999”, dit le groupe dans un communiqué. Un euphémisme pour dire que l’exercice s’est soldé par des chiffres rouges. En effet, alors que le chiffre d’affaires progressait de 8,5% à 3,41 milliards d’EUR, le résultat net passait d’un bénéfice de 18,6 millions d’EUR en 1999 à une perte de 26,9 mio. d’EUR l’année passée. Le résultat d’exploitation, par contre, a été positif. Avec 20,3 mio. d’EUR, il s’inscrit cependant en retrait de près de 65% par rapport aux 57 mio. d’EUR en 1999.
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| MARCH 23, 2001 |
- Ferry Grant Applications Due By July 15
- AlaskaLNG.com Available Soon
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| MARCH 23, 2001 |
- Shell eyes up LNG options
Oil major Shell is eyeing Daewoo for an LNG newbuilding, but is still mulling options in Japan.
- Babcock Borsig's Lederer gets another five years
Boss Klaus Lederer has been rewarded for building up the German shipbuilder with a contract extension.
- Tug due to rendezous with BP VLCC
Repair staff are expected to reach a stranded and fully laden VLCC on Saturday.
- Shenzhen steps up ports expansion
The southern Chinese city is spending $1.9bn on upgrading its container facilities.
- Venezuela yard blocks PDVSA newbuildings
Domestic shipyards are fighting for a piece of the action in Venezuela.
- Byzantine Maritime ship detained
Catalogue of deficiencies leads to 127,000-dwt combination carrier, Fannie, being held 22 days.
- SCI may struggle in boxship charter quest
Shipping Corporation of India wants to expand its European service, but tonnage is scarce.
- Owners yard bids axed
Shipowners out of running to take over soon to be privatised Hellenic Shipyards.
- NYK boxship on fire off Nova Scotia
Bad weather conditions are hampering fire-fighting operations.
- Profits slip at Singapore's Labroy Group
Falling profit margins knock engineering and transportation group Labroy.
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