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| JUNE 5, 2002 |
Shipping News
- Antwerp eyes bigger slice of Asian trade
THE Port of Antwerp is determined to capture its fair share of larger vessels and boost its Asian trade and transhipment volumes by deepening its river access, offering feeders incentives and leveraging its new relationship with PSA Corporation.
- PSA box throughput hits 21-month high in May
- Amsterdam eyes share of Europe box market
- FBI investigates US coast guard official over 'leak'
Air and Land Transport
- Sydney Airport bidder hit by partner's pullout
A leading bidder in the A$4.5 billion privatisation of Australia's biggest airport is scrambling to patch up its bid after a heavyweight partner pulled its equity contribution, sources said yesterday.
- Aer Lingus flights to resume; pilots row settled
- Latest US air fare increase fails to take off
- Poor World Cup attendances hit Korean airlines
- American Airlines to offer more Japan flights
- KLM, Continental extend codeshare
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| JUNE 5, 2002 |
- Unisco Xiamen named NYK, Hyundai agent
- K Line launches Europe division in London
- Long Beach names port marketing manager
- Box ships most frequent users in Malacca strait
- ASI wireless solution helps track containers
- Airbus receives certification, on track to deliver A340-600
- FedEx declares first dividend
- Continental launches Houston-Montreal service
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| JUNE 4, 2002 |
- Flender Werft files for insolvency
German shipbuilder Flender Werft is filed for insolvency at the local court. The insolvency has been caused by losses suffered while executing orders for building of ro-pax ferries Superfast XI and Superfast XII.
- Cooling Off Period Begins at Atlas Air
Atlas Air and its pilots represented by the Air Line Pilots Association were released from binding arbitration May 29, starting the 30-day cooling off period.
- Qantas to buy 15 Boeing 737-800s
Qantas Airways Limited said today it had selected the Next Generation Boeing 737-800 aircraft to add immediate capacity to its Australian operations.
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| JUNE 5, 2002 |
- ILSA launches weekly FCL services to Arabian ports ex-JNP, Mumbai Ports
- Contship’s north-south strings win Lloyd’s awards
- Hatsu Marine launches fourth container vessel
- Lykes adds service to two Italian ports
- Major revamp in next 2 years
- Containerships largest users of Malacca Straits
- Grand Alliance makes new US East Coast-Asia calls
- Tariffs rise for Asia-Europe westbound
- Hamburg Sud launches Australia/NZ-Asia service
- NYK Line signs e-procurement contract with SeaSupplier
- Jurong Port to up capacity to 660,000 TEUs
- OOCL sees signs of recovery
- IADA members raise box rates
- Singapore to tighten port security steps
- World’s first automated straddle carrier terminal opened
- Evergreen appoints agents in Haiti, starts new direct twice-weekly US-Haiti service
- Evergreen, Maersk Sealand to merge PTP feeder services
- Hanjin upgrades Far East-Australia service
- Norasia joins IRA, EMERA and FEFC pacts
- P&O Ports’ throughput rising steadily
- "K" Line releases fiscal 2001 results, unravels long-term goals
- Organiser confirms dates for TOC2002 Americas
- MOL expands in China, opens new branch
- Zhuhai becomes port of call for PIL
- QE2 to end transatlantic crossings
- WTO panel to probe steel dumping by US
- Sudan eyes cotton market
- Seafood exports to US, EU & S-E Asia rise
- Garment export quota premiums keep soaring
- MbPT invites bids for 61 plots
- DVS Raju, Adani Exports in fray for Gangavaram port
- A-I to lease 5 jets
- World’s largest retailer honours Maersk Logistics - ‘Origin Cargo Manager of the Year’
- Accenture scripts tea MTES, moots focus on orthodox varieties
- Exporters seek special ecnomic zone in Mangalore
- Sidbi to give aid directly to SSI units
- OECD puts off meet on corporate governance
- Railways, Finance Ministry in talks on Golden Quadrilateral fund options
- Leather trade happy with drawback rate revision
- Plethora of small-scale industry laws to be unified, simplified
- Diesel, petrol costlier now
- Handlooms hail decision on DBK rates
- Sugar stock totals 15m tonnes
- Govt identifies 5 key tea markets
- Business prospects horizon seen rosy: CII survey
- More disclosures in balance sheets: Act amended
- 3 pc rise in sale of petroleum products in April
- Sinha meeting bank chiefs on June 19
- IMC, Jetro to hold meeting on June 6
- Power supply to eight districts normalised
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| JUNE 4, 2002 |
- New Australia/New Zealand-Asia link
- A.P.Moeller keeps profits up
- Operating loss for P&ONL
- Matson orders two new containerships
- PSA box throughput up
- Alitalia to issue more shares
- Giovanni Bisignani new IATA director general & CEO
- Schenker maintains operating profit
- Launch of Eunique Logistix
- APL buys FSG in Germany
- BLG takes over PaulGünther
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| JUNE 5, 2002 |
- Big three tanker drive steals march on rivals
DET norske Veritas has revealed that it is accelerating plans to take a decisive step to improve tanker safety in collaboration with two of its biggest rivals.
- Pacific & Atlantic sets up independent company
Nicolas Pateras’ Pacific & Atlantic Corp has established a new shipmanagement company to take on 19 vessels which are not part of the group’s high-yield bond vehicle.
- France loses golden share in TotalFinaElf
THE European Union’s highest court struck a blow against government efforts to keep control of privatised firms yesterday when it outlawed the golden share that allowed France to veto foreign bids for TotalFinaElf.
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| JUNE 4, 2002 |
- Oman LNG secures Spanish contract
- Brazil to crack down on ghost cos.
- Flender Werft files for insolvency
- Dumped Martin not to return to CSL
- Turkish greens want LPG ships ban
- Korea, China target deficient ships
- Indian crew fund official suspended
- Turkey agrees to US interceptions
- SCI partners sounded on Act proviso
- Arms in boxes heading for Kandla
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| JUNE 4, 2002 |
- Mob indictments in NY waterfront case
Seventeen alleged members and associates of the Gambino crime family were indicted on federal and New York state charges that focus on the organization's alleged efforts to control shipping and unions on the New York waterfront.
- Northwest Cargo hikes trans-Pac rates
Rates will increase from 5% to more than 15% on eastbound trans-Pacific routes.
- U.S., Singapore will screen boxes
U.S. inspectors will work with Singaporean authorities to screen U.S.-bound containers before they're shipped.
- House delays security vote
- China delays plan to register express carriers
- NITL backs OTI discrimination complaint
- Airlines demand insurance fix
- GETA offers solution to Customs quandary
- Users get first demo of ACE
- Slowdown at Bangladesh port
- Miami air-cargo carriers in alliance
- BAX Global expands Mexico service
- S&P rates KCSR's debt offering
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| JUNE 5, 2002 |
- CP Ships va émettre pour 350 mio. de dollars de titres
Ce mega-carrier qu’est devenu CP Ships propose l’émission de titres “senior” sur 10 ans pour une valeur de 250 mio. de dollars. Cette offre s’ajoute à l’émission de titres ordinaires qui vient d’être annoncée ces jours-ci et porte sur 100 mio. de dollars. Les titres seniors ne seront pas enregistrés aux USA dans le cadre du US Securities Act of 1993 et ne peuvent être offerts et vendus aux Etats-Unis. Ces moyens financiers serviront au financement de l’acquisition de l’armement Italia di Navigazione (40 mio. de dollars), de 4 PC renforcés pour la navigation dans les glaces actuellement affrétés coque nue, et à réduire les emprunts dans le contexte des facilités de crédits tournants portant sur 175 mio. de dollars.
- La Hesse Noord Natie entend améliorer les performances à ses terminaux
L’entreprise de manutention portuaire anversoise Hesse Noord Natie est décidée à prendre toutes les mesures nécessaires pour faire face à la croissance des trafics containérisés et améliorer ses performances à ses divers terminaux tant du côté maritime que du côté terrestre. Avec une croissance de trafic de 14%, il y a effectivement des défis à relever afin de maintenir les mêmes normes de qualité de ses services, qui ont fait la réputation du port scaldien.
- Les compagnies de l’IATA définissent leurs priorités
Le secteur aérien a besoin de mesures concertées. C’est ce qu’a déclaré Pierre J. Jeanniot, le directeur et ceo sortant de l’IATA, lors de la 58e assemblée annuelle de l’organisation qui s’est tenue à Shanghai. Giovanni Bisignani y a été officiellement installé en tant que successeur de Jeanniot.
- Les pilotes réfléchissent encore à d’éventuelles actions
Comme nous l’avions déjà annoncé hier, tous les ouvriers portuaires des ports d’Anvers, Zeebrugge, Gand et Ostende feront vendredi prochain la grève. La grève commencera vendredi matin à 06.00h avec l’équipe du matin et prendra fin le samedi à 06.00h selon un communiqué du front syndical. Contrairement aux annonces dans la presse générale, les pilotes réfléchissent toujours à d’éventuelles actions. Demain, ils rencontreront des représentants du cabinet du ministre Stevaert pour discuter du point de vue du gouvernement sur le projet de ‘directive portuaire’.
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| JUNE 4, 2002 |
- Odfjell seeks to end Chilean port dispute
Both sides are looking to avoid long and expensive court battle over port concession.
- Valdez port losing popularity
Carnival Spirit will sail to Sitka instead of Valdez in 2003.
- Lakers nearly up to full strength
Only four US-flagged Great Lakes vessels have no sailing dates for 2002.
- Sinotrans to merge Hong Kong ship operations
Chinese shipowner plans to concentrate on bulk shipowning.
- ACLN shuts down US office
The US SEC continues its investigation on the Belgian car carrier company.
- Polish yard plans debt deal
Crisis hit Stocznia Szczecinska asks creditors to accept 60% paid over six years.
- Golar presses ahead with US listing
John Fredriksen says he is in the LNG business for the long-term.
- Cosco Investment eyes port stake
Chinese bulker owner interested in buying into Port of Singapore.
- DNV's 'Mr Clean' sets out his stall
New CEO Miklos Konkoly-Thege looks for transparency and no misunderstandings.
- Gloom descends on Kuribayashi
Japanese ro-ro operator suffers big reversal in fortunes in year to 31 March.
- Administrator in at Flender Werft
Struggling German shipyard files for protection from creditors.
- Lloyd's Register goes live with detention data
UK class society puts its fleet's port state control records on the web.
- Northrop looks for HDW stake
Days after taking over Hellenic Shipyards German builder becomes the prey.
- Golar ties up with Saipem
Joint venture to promote floating LNG regasification terminals.
- Du Moulin makes Intrepid move
Ex Intertanko boss re-emerges with new shipping venture.
- Daewoo in, HMM out in KOPSI shake up
Korean maritime companies swap places on the Korea Composite Stock Price Index.
- Star in further round of fund raising
Malaysian cruise line looks to equity markets for further $80m in financing.
- TMM to lift container volume at Manzanillo
The port operators in Panama Canal and Caribbean are raising their stakes.
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