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| JULY 27, 2001 |
Shipping News
- We are still keen on investing in China ports: Hutchison
HONG Kong giant Hutchison Port Holdings now says it will consider future opportunities for port investment in China, downplaying earlier reported comments by its managing director that he believed the market had dried up.
- Daewoo chief given suspended sentence
- Seven Abu Dhabi ships impounded in Gibraltar
- American P&I Club members may have to cough up more
- ITF set to fight EU's aim to open up port services
Air and Land Transport
- Crippled SriLankan Air shifts operations to Dubai, S'pore
SRI Lanka's national carrier, SriLankan Airlines, yesterday announced it was shifting operations to Singapore and Dubai after a Tamil rebel attack knocked out half its fleet.
- Thai Airways to set up four new units
- Alitalia board approves pact with Air France, Delta
- No retreat from discount fare war, says Virgin Blue
- Boeing plans to move more work to Wichita, says union
- New chairman for China Airlines' biggest shareholder
- Airbus picks Thales for A380 avionics
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| JULY 26, 2001 |
- CSX doubles earnings
Strong railroad earnings helped double second quarter net income over 2000.
- Inttra adds air cargo
The ocean carrier Web portal has linked up with Tradevision, a provider of electronic data interchange and communications services for the air cargo industry.
- ISC separating Waterman, Forest Lines
International Shipholding is mulling the future of the money-losing units.
- Shippers, carriers told: Slowdown all in consumers' heads
Imports should pick up for the peak shipping season, if consumers can overcome their psychological malaise, an economist told a meeting of shippers.
- Marad guarantees loans for two ships
- Tonnage off at Houston
- Customs sets mandatory AES for some items
- EU proposes subsidies for shipbuilders
- Deutsche Post get slap on wrist
- Fight heats up over Mexican trucks
- Hollings blasts port security spending
- KLM warns on full year
- Shippers urged to adopt theft prevention programs
- Atlas Air opens regional offices
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| JULY 27, 2001 |
- CSX World Terminals to operate new Pusan terminal
- Hanjin tops million TEU mark in first half 2001
- BNSF guarantees capacity to perishables shippers
- Viking Freight takes trucking safety awards
- Exel secures Land Rover contract
- Maersk takes 49 pc stake in Venezuelan yard
- SIA division becomes all-cargo
- Siemens, BAX Global sign two-year shipments contract
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| JULY 26, 2001 |
- Commission condemns Deutsche Post
- Negative messages KLM
- Shippers must take anti-theft measures
- CSX gets Korean terminal contract
- Ryder net above projections Wall Street
- U.S. Postal online with LaGarde
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| JULY 27, 2001 |
- HCB Tank Guide 2001 & European Intermodal Yearbook released
- Wheat export prospects brighten
- GTFPL may extend export factoring to services in India
- Shower of blessings on oilseeds outlook - Imports may decline this year
- ‘Swift’ facility to help exporters at VEPZ
- Revised dumping duty on NBR imports from S. Korea, Germany mooted
- Bangladesh EPZ Authority holds out investment opportunities
- PwC to advise on anti-dumping cases
- WTO panel takes up complaints filed by India, EU & others - US loses steel dumping case against Japan
- Concor begins transport of export sugar in containers by rail
- Steps to lighten duty burden on carpet industry soon: Rana
- Grains production expected to exceed last year’s 209 mt
- Assocham allays smallv retailers’ fears
- Fertiliser demand rises in kharif season
- NHAI signs contract with Limak-Soma
- Implement cleared projects: CII
- I-T Dept to consider 100 pc scrutiny of all large returns
- Infrastructure status for LNG likely
- VSNL launches three Internet-based value-added services for corporates
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| JULY 26, 2001 |
- ARA prices retreat slightly, barge congestion expected
- Demand picked up in New York and Philadelphia
- Bunkering as usual in Italy
- Istanbul: Slow demand in firm market
- Average to slow demand Great Belt and Baltic markets, mixed price movements
- Very tight avails in Piraeus, strike at refinery
- Mostly clear deliveries in Gibraltar
- Singapore fuel oil corrects slightly lower after $10-12 gains
- Japan avails tight, demand picked up
- Operations back to normal in Hong Kong after typhoon closure
- Korean IFO380 price narrows premium over Singapore
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| JULY 26, 2001 |
- Court rejects FGH Petrodrill contract
Friede Goldman Halter, Inc., today announced that the bankruptcy court has officially rejected its Petrodrill contracts. FGH stopped work on the two Petrodrill semisubmersibles in May and asked the bankruptcy court to void the contracts.
- More orders in pipeline for Kvaerner Philadelphia and Austal USA
Recent Title XI applications filed with the U.S. Maritime Administration indicate that two U.S. yards could soon add to their orderbooks,
- Seabulk posts profit
Seabulk International, Inc. (the former Hvide Marine) has reported its first profitable quarter in two years.
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| JULY 26, 2001 |
- Columbus Lines chooses Norton Lilly as Hawaiian agent effective August 1
- Foss makes contribution towards refurbishing Vashon Island's Point Robinson Lighthouse
- Consolidated Freightways implements general freight rate increases approximately 5.1%
- Port of Olympia signs two new tenants for Swantown Boatworks' marine services building
- Boeing reports second quarter results with net of $804 million, or $.95 per share
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| JULY 27, 2001 |
- Fishermen to be Moved Out of Dar Port Area
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| JULY 27, 2001 |
- UK tax proves fit for the Princess
P&O Princess Cruises chief executive Peter Ratcliffe (right) and finance director Nick Luff, pictured yesterday as the group announced its second quarter results. Read the full story in...
- Panama takes action over Ocean Glory I papers row
THE Panama Maritime Authority is re-evaluating the status of all the companies authorised to issue ISM certificates in its name in the wake of the Ocean Glory I cruiseship scandal . The auth...
- Hyundai Heavy in line for $1bn LNG vessel orders
HYUNDAI Heavy Industries has won two new orders for liquefied natural gas ships and is attempting to confirm four others - all for a grand total of $1.02bn. The 137,000 cu m pair, wort...
- Forgeries ‘originated from within Panama’
FAKE seafarer certificates purporting to bear the stamp of approval of the Panama Maritime Authority originated in Panama itself, according to anti-corruption prosecutor Cecilia Lopez. The d...
- NOL denies plan to buy P&O Nedlloyd
NEPTUNE Orient Lines is denying rumours that it is looking to buy Anglo-Dutch giant P&O Nedlloyd. “It’s an old rumour that’s been around for a long time and there’...
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| JULY 26, 2001 |
- P&O warns on cruise over-capacity
- EU split on subsidies, says Korea
- Cammell mothballs as talks go on
- Romanians stowaways target Halifax
- Royal Caribbean 2Q earnings slide
- Ferrostaal sceptical on Santierul
- Hong Kong gets back to work
- Thai shipping shares fare well
- Big guns in Montevideo bid battle
- Essar wins tanker backing
- Brazil agents fear in-house switch
- ENZA upsets NZ's apple cart
- Shipyard saviour denies speculating
- Alang prospects brighten
- Malta strikers go back to work
- POL wins MSC court battle
- Singapore rebate fails to impress
- Repairer CMR files for bankruptcy
- Ruling puts Copamar in jeopardy
- Mexico policy 'held back shipping'
- US warns Russian shipping
- CSAV to raise $47M
- Perez murder suspect released
- Sun sinks in the South
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| JULY 27, 2001 |
- La Commission décide de ne pas réduire le nombre des écopoints pour 2001
La Commission a décidé mercredi de ne pas réduire le nombre d’écopoints pour l’année 2001. L’Autriche avait pourtant demandé cette réduction en vertu du principe de la « clause de 108 % ». Alors que les premières statistiques remises par l’Autriche semblaient indiquer un dépassement du seuil de 108 % en 2000, un examen plus approfondi des chiffres a remis en cause ces données: elles n’apportaient aucune preuve de la réalité effective du transit. La Commission a conclu que l’Autriche doit fournir des statistiques claires et sans ambiguïté, prouvant que les transits ont bien eu lieu. En conséquence, la Commission distribuera les écopoints restants pour l’année 2001.
- Gand voit son trafic maritime baisser de 2,4% au premier semestre
Durant le premier semestre de l’année, le trafic maritime du port de Gand a baissé de 2,4% par rapport aux six premiers mois de 2000. Le trafic a baissé de 0,8% à l’entrée et de 9,8% à la sortie. Quasi toutes les catégories de marchandises se sont inscrites en baisse à l’exception des vracs secs, qui ont augmenté de 2,8%.
- Rotterdam veut un ‘level playing field’ pour les contrôles douaniers
Le secteur privé du port de Rotterdam a à diverses reprises déjà souligné l’importance des contrôles douaniers tout en précisant que leur efficacité reste limitée à défaut d’un ‘level playing field’, c’est-à-dire d’un équilibre en ce qui concerne la fréquence et l’intensité des contrôles. Deltalinqs, l’alliance rotterdamoise des entreprises portuaires et de l’industrie (pétrochimique), vient de réitérer ce point de vue et souligne en outre qu’elle accroîtra ses propres efforts en vue de solutionner le problème. Elle estime que l’absence de contrôles dans d’autres ports européens nuit directemetn à la compétitivité du port de Rotterdam.
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| JULY 26, 2001 |
- FGH Rejects Petrodrill Contract
- FGH Completes Rig Repair
- Viking Gets Approval For Evac Chute
- Mexico Seeks To Lure LNG Projects
- Hyundai Heavy Wins LNG Orders
- French Tanker Owner To Fold
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| JULY 26, 2001 |
- US owner plans crisis cutback
International Shipholding Corp axes jobs and orders fleet disposals following big loss.
- Seabulk breaks into the black
US tanker owner finally made money in the second quarter, but not enough to pull interim figure out of the red.
- Tidewater profits soar
Offshore vessel owning giant Tidewater continues to see its earnings grow.
- Korea hits back in shipbuilding subsidy battle
South Korea will systematically oppose the EU's pending complaint to the World Trade Organization.
- Tsakos replies on drug-bust tanker
Greek shipowner Tsakos has spoken out after cocaine was found on one of the company's tankers.
- IACS moves on class transfer
Revisions to the Transfer of Class Agreement could make it easier to get information on a ship moving societies.
- P&O Princess stays positive
Interim profits are down at the UK cruise company, but boss Peter Ratcliffe is still talking a good fight.
- Passengerships show up on port state detentions
Paris MOU statistics on port state control reveal a rash of passengerships were held during June.
- Irving plans move into LNG
Canadian oil and shipping group seeks go ahead for $325m terminal at VLCC port.
- Hyundai comes clean on NLNG options
Korean shipbuilder Hyundai has finally admitted it is holding berth space for Nigeria LNG.
- Dart Line sails for Dunkirk
Ferry line expands as VLCC stake remains up for sale.
- MSC faces new battle with POL
Appeal judges order rematch over $6m charter hire dispute.
- Great Eastern profits rise
Shipping and offshore player Great Eastern is off to a flying start.
- Profits slip at Todd Shipyards
Volumes and margins fell in the first quarter at the US shipbuilder and repairer.
- LNG shipping bolsters BG earnings
BG Group highlighted the importance of its LNG shipping activities in its interim results briefing.
- Sun sinks off South Africa
Second ex-Antonis Lelakis cruiseship going for scrap founders in stormy weather in a fortnight.
- Returns reduced at Riga
The Latvian shipyard saw profits fall in the first half of 2001.
- EU Commission proposes subsidy restoration
Yards could get subsidy of up to 14% on certain ship types under new proposal.
- Minoan Lines finalises newbuilding loan
The Greek ferry operator will receive more than $200m to finance four ships.
- ITF declares Sao Tome and Principe an FOC
Union says high number of foreign-owned ships makes register incompatible as a true national flag.
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