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| SEPTEMBER 4, 2002 |
Shipping News
- Indonesia ready to free dredgers on bail
INDONESIAN authorities said they would release nine vessels accused of illegally dredging sand off Riau province for Singapore reclamation projects if their owners agree to post bail.
- Bunker fuel prices soar in S'pore
- P&O ferry docks, launches probe
- Evergreen Marine posts NT$377m H1 loss
- Aussies tighten rules for shipping livestock
Air and Land Transport
- Japan to probe price cut plan by three big airlines
JAPAN's anti-monopoly watchdog said yesterday it was investigating airfare cuts by the country's three largest carriers to see if they amounted to unfair price-fixing.
- Philippine airport terminal consortium rejects govt charges
- Sydney traffic to pick up soon: Macquarie Airports
- Recent acquisitions help CNAC post 6.5% increase in H1 profits
- LOG Book
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| SEPTEMBER 4, 2002 |
- YICT, Chinese Customs reform transhipment procedures
- Shanghai box traffic jumps 33pc, set to rival Kaohsiung
- P&ON revamps South Africa / Asia service, cuts transit
- Caria makes maiden Jurong call in new UniGear service
- Le Harve port woos Malaysian agents and forwarders
- ABP names asst port manager, inks deal with Peacock
- OOCL raises intra-Asia rates
- Cathay, Dragonair face off in a network, capacity expansion
- Danzas launches peak season HK / US charter service
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| SEPTEMBER 3, 2002 |
- Shanghai terminals overcharging
A Shanghai Container Terminals (SCT) senior executive has said Shanghai's terminals are 'charging first-world charges with its fourth-world facilities', despite cutting its handling rates earlier in the year.
- Frans Maas sold air cargo forwarder
ASN GmbH, being a Frans Maas subsidiary, and Mr. Ger Daniels, managing director of ASN GmbH has reached an agreement to transfer the activities of ASN GmbH to ASN B.V.
- Danzas with expanded charter service Hong Kong
Danzas said it is meeting increased cargo demand during peak season period from July to December 2002 with a new charter service programme in Hong Kong.
- United in severe problems
The prospect that United Airlines may be forced to file for bankruptcy protection increased on Friday after its leading pilots union called its wage cut proposal 'unrealistic'.
- Hapag-Lloyd expecting recovery after dive
Hapag-Lloyd reported saw its first-half profit sliced to just 12 million euro from 122 million in 2001, while its turnover slid 9 per cent to 1.1 billion euros as a result of lower freight rates.
- July air cargo up 5.9 per cent
In July 2002 domestic air cargo volumes in the US were up 9.7 per cent, while international Revenue Ton Miles were up 2.4 per cent.
- Cuts Air Canada, Qantas to Taiwan
Air Canada and Qantas Airways are cutting flights to Taiwan owing to dwindling profits on the routes. Air Canada will suspend its daily services between Vancouver and Taipei.
- 3.5 percent more turnover ChemOil
During the 2001 financial year, ChemOil Logistics AG, Basel, achieved a turnover of 106 million Swiss Franc (CHF), shipping more than 6 million tonnes of dangerous goods by rail. In the first half of 2002 turnover rose by 3.5 per cent.
- Mitsui logistics for Suntory Thailand
Mitsui O.S.K. Lines, Ltd. announced that its subsidiary Mitsui O.S.K. Lines (Thailand) Co., Ltd.(Molthai) and Thailand Intermodal Systems Co., Ltd. (Timco) were contracted to provide logistics services for Suntory products in Thailand, serving distributors and some retail shops.
- Transfracht sells CIS business
Transfracht (TFG) announced the sale of its CIS business unit to InterRail Services GmbH (IRS), Berlin, the Intercontainer-Interfrigo (ICF), Basel, and Transasia Holding AG, St. Gallen, joint venture.
- Labour action West Coast dangerous
A slowdown at the vital West Coast ports - which currently handle 42 per cent of the US's waterborne trade - would have a serious impact on the US economy with a 10-day shutdown estimated to cost up to $19 billion.
- Evergreen with new Asian services
Evergreen Marine Corporation (Taiwan) Ltd (EMC) has launched a network of new services covering East Asia and between East Asia and the Middle East.
- Texaco executive to head United Airlines
The board of United Airlines on Monday appointed Glenn Tilton as its chief executive. Mr. Tilton, 54, is an oil executive from Texaco who has taken a back seat since the company merged with Chevron.
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| SEPTEMBER 4, 2002 |
- Evergreen launches new Asian regional services - Links between Asia & Middle East
- China seen as major hub for plastic processing sector
- Vegetable exports from Kerala shoot up
- India to press for greater protection against ‘sensitive’ items imports
- WTO to hear India’s plea against bedlinen duty in EU
- Another loading record set at Mumbai Port
- Panamax vessel docks at Chennai Port
- Record handling of copper concentrate at Tuticorin Port
- Air-India makes Rs 17-cr. profit in first quarter
- Simplified used loom import procedures soon - DGFT to issue notification
- Strategy to raise tea exports to 270 million kg
- SRTEPC submits injury petition to EC against duties on PTY
- Synthetic fibre industry urges govt to reduce excise duty to 16 pc
- Planning Commission suggests duty reduction to increase exports
- WTO pact will benefit India: Apeda chief
- Dedicated movement of lustre-loss wheat to commence soon - Rs 3,960 per tonne price for exporters
- Base import of crude soya oil fixed
- IPMA favours fixing of paper export limit for this fiscal
- Flower project in Uttaranchal
- Gist of public notices/circulars/notifications - Compiled By M. Sreedharan
- Officials shuffled in Commerce Ministry
- World meet on IPR on Sept. 12
- Comp-Air 2002 on Sept. 4, 5
- CII to hold trade fair in Kabul from Sept. 26
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| SEPTEMBER 3, 2002 |
- Panama sees good demand and softer prices
- Labour disruptions loom again at US West Coast
- Uruguay demand may outstrip supply short term
- New venture for bunkers in Brownswille, Texas
- Fujairah maintains static composure
- Brazil market update - further price increase
- Mexico to increase crude output
- OPEC production to increase?
- Daily Bunker market report from Praxis Energy Agents (Monday)
- Contact details for Lanka Marine Services after JKH purchase
- Demand in Busan picks up after fall in bunker market
- Rotterdam: More selling interest
- Oil softer on Iraqi diplomacy effort
- Brazil market update
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| SEPTEMBER 3, 2002 |
- Skynet Asia Airways: new Japanese airline
- Thai Airways to add new service to Geneva
- Continental Airlines plans to offer daily services to Geneva next year
- Grimaldi receives Monfalcone concession
- CN opens terminal in Taschereau/Montreal
- GWI takes over Utah Railway
- Brenntag expands in Bulgaria
- Thiel Logistik's profits plummet
- Swisslog remains in the red
- Exel increases turnover in the first half of 2002
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| SEPTEMBER 3, 2002 |
- Liberia ratifies air pollution convention
Prospects look better for implementation of international controls on NOX and SOX
- ABS busy with Brazil FPSO's
ABS is involved with five major conversions
- Austal ship wins Marine Corps praise
The Marine Corps has been impressed with the performance of its first Theater Logistics Vessel
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| SEPTEMBER 4, 2002 |
- Fishing boats branded a ‘menace’ after Bow Eagle
THE fishing industry’s navigational safety record has come under fire following the collision between the Norwegian tanker Bow Eagle and a French fishing boat.
- Norway seeks extradition of Filipino mate
NORWAY has demanded to take into custody Ronnie Zape, the Filipino second mate of the Bow Eagle, the Odfjell chemtanker that allegedly failed to stop after a fatal collision with a French fishing boat, writes David Osler.
- Baltic Exchange warns on tax
A DOOMSDAY scenario has been drawn for London’s pre-eminence in maritime services if the government attacks the tax-friendly position of UK-based foreign shipowners, writes Tony Gray.
- Stolt-Nielsen dumps auditor Arthur Andersen
Stolt-Nielsen and subsidiary Stolt Offshore announced an extraordinary general meeting next month to sever the group ties with the firm.
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| SEPTEMBER 3, 2002 |
- China merges Suzhou ports
- PTP holds talks with US Customs
- Africans found dead on bulk carrier
- Contact lost with abandoned crew
- London threatened by tax changes
- Stranded crew 'can go home'
- Claro to bid for banana concessions
- Kandla clears box terminal plan
- Liberia’s Marpol move welcomed
- B+V to strengthen HDW co-operation
- Sheep deaths prompt investigation
- Vallarpadam divides ministries
- Riovia partners might walk away
- US in crude political manoeuvre
- Owner to sell cruiser for survival
- Work begins on Kwangyang berths
- Typhoon hits export cargo in Korea
- Agents oppose Uruguay bill
- Bow Eagle officer faces extradition
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| SEPTEMBER 3, 2002 |
- Business as usual on West Coast
But terminal operators are bracing for possible slowdowns after dockworkers walk out of contract negotiations.
- Consolidated Freightways shuts down
The nation's third-largest long-haul motor carrier planned to file for Chapter 11 bankruptcy protection Tuesday.
- Exel buys Power U.S., UK units
The U.K.-based third-party logistics provider said it intends to buy two divisions of The Power Group, a privately-held provider of logistics and packaging services based in Illinois.
- Moller, PSA eye Puerto Rico port project
- Evergreen to take over cross-strait run from Uniglory
- HK panel blasts terminal fees
- EVA cargo revenue up
- Polar Air to resume India service
- Sea Star names traffic director
- Danzas makes Canada changes
- Southwest reaches pact with mechanics
- Peugeot Citroen tests Bolero
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| SEPTEMBER 4, 2002 |
- Consolidated Freightways demande le Chapter 11
Une des plus anciennes et plus grandes entreprises de groupage (LTL) des Etats-Unis, Consolidated Freightways, a annoncé lundi qu’elle mettait fin à ses activités avec effet immédiat et a demandé la protection du “Chapter 11” uniquement pour permettre un processus de liquidation ordonné. Le 14 août dernier, elle avait déjà donné une indication que cela allait très mal, ayant demandé un délai pour la publication de ses résultats trimestriels. Plus de 15.500 employés (sur 18.000) ont immédiatement perdu leur emploi. Les filiales CF Airfreight et Canadian Freightways sont néanmoins sauves. Précisons d’emblée que cette faillite n’implique pas le groupe CNF (dont font partie Con-Way et Menlo Logistics), celui ayant effectué un spin-off de Consolidated Freightways en 1996.
- ChemOil Logistics augmente son CA de 3,5% au premier semestre
ChemOil Logistics AG fête son troisième anniversaire. En 2001, la société a réalisé un chiffre d’affaires de 106 mio. de CHF et a acheminé plus de six millions de tonnes de marchandises dangereuses. Au premier semestre 2002, le CA a augmenté de 3,5%.
- Laurus Belgium va vendre deux centres de distribution
Dans le cadre d’un vaste plan de restructuration, Laurus Belgique va vendre les centres de distribution à Ans et Marloie. C’est ce qui ressort du nouveau plan d’affaires qui devrait remettre l’entreprise sur la bonne voie. L’objectif est de réduire les coûts logistiques. Au cas où aucun acquéreur ne se présente, les deux implantations seront fermées.
- USA côte Ouest: la grève des dockers semble inévitable
L’International Longshore and Warehouse Union (ILWU) ayant quitté la table des négociations qui venaientt à peine de reprendre, la perspective d’une grève générale se précise de plus en plus. L’organisation syndicale a également mis un terme à la prolongation par tranche de 24 heures de la convention salariale qui est venue à expiration le 1er juillet dernier, ce qui ouvre la voie à des actions impliquant un ralentissement du travail dans les ports de la côte ouest.
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| SEPTEMBER 3, 2002 |
- Bow Eagle watch officer to be extradited
But rating who also witnessed collision escapes extradition to be on call as witness.
- Marathon mops up Enron LNG assets
US oil company buys terminal access in the US but still needs cargoes and ships.
- Former Silja chief back in business
Jukka Suominen lands chairmanship of Finland's Eckero Line two years after leaving rival owner.
- SSY snaffles Clarkson's top futures broker
Forward Freight Agreement Brokers' Association head Mark Richardson jumps ship to join opposition.
- Tax changes could scare off UK's foreign owners
Baltic Exchange commissioned report warns of fallout for London's marine sector.
- K Line buys back a million shares
Japanese owner aiming to spend up to $22m on retiring own stock.
- Damen to build six cargoships for Ukrainians
Dutch group's Ukraine yard wins $40m contract from Ukrrichflot.
- MOL gets the drinks in
Japanese giant signs deal to ship Suntory products to Thailand.
- Japan maritime stocks see red
Yards and owners fail to escape stock market decline as Nikkei 225 hits 19-year low.
- Suez Canal builds revenues
Egyptian waterway experienced increased vessel traffic in July.
- Faros cosies up with V.Ships
Greek owner sends representative to work in London ship manager's office.
- Wuhu inks Callimanopulos newbuilds
Chinese shipyard secures potential four-ship deal from offshore arm of New York-based Greek owner.
- Murmansk adds two tankers as oil terminal opens
Russian owner is building fleet to win arctic business from Lukoil.
- Australia to investigate sheep-at-sea deaths
Some 14,500 dead animals dumped overboard from four ships as protestors call for live-export ban.
- Hunterston drags down Clydeport
Coal volumes dip at Scottish ports and shipping company's flagship facility.
- Orpheus Asia set for lengthy absence
Idemitsu VLCC is likely to be out of action for months while awaiting repairs to damaged crankshaft.
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