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| SEPTEMBER 5, 2002 |
Shipping News
- Capacity control helps APL ride the storm
AGGRESSIVE capacity management over the past year has kept Neptune Orient Lines' APL container fleet growth under control despite an earlier newbuild buying spree.
- PSA Corp makes bid for Puerto Rico port
- HK terminals under fire over handling charges
- No sign of slowdown at US West Coast ports
Air and Land Transport
- Airport security little better since Sept 11: journalist
A year on from the Sept 11 attacks on the United States, airport security around the world is little better than it was then, a leading aviation expert said on Tuesday.
- Crash may have been sabotage: China Northern
- Asian airlines hike freight rates as demand rises
- Continental's unit revenue down 4%
- European carriers' traffic falls 7% in a week
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| SEPTEMBER 5, 2002 |
- Evergreen rethinks replicating Uniglory in new Asian network
- HK govt begins to woo mainland freight forwarders
- ECU-Line Italy opens new Tuscan port branch
- CMA CGM relocates
- Evergreen's American unit wins first LA green award
- ANA launches first all-cargo flight, targets China
- Hactl adds 14 China destinations in air-road network
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| SEPTEMBER 4, 2002 |
- Consolidated Freightways exit
Consolidated Freightways, the third-largest less-than-truckload carrier in the US, is discontinuing operations today and filing for Chapter 11 bankruptcy protection.
- New web site Lykes
Lykes Lines has launched a redesigned website which makes it even easier for customers to do business with the shipping line.
- KLM cargo traffic up
In August 2002, cargo traffic of KLM was 6 percent higher than in August 2001.
- Atlantic flights cut for September 11
US airlines are planning to cut more than 3,200 flights from their domestic schedules on September 11, a stark indication of the public's reluctance to fly on the first anniversary of the terrorist attacks.
- Exel acquires Power Logistics
Exel is acquiring Power Logistics and Power Europe, two divisions of Power Packaging Inc., a privately held provider of logistics and packaging services.
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| SEPTEMBER 5, 2002 |
- 1,000-km AP-TN waterway planned
- Three South Korean shipyards show interest in SCI’s VLCC order
- Maiden Haldia-Chittagong voyage begins on Friday - Concor-Transworld partnership set for take-off
- CoPT Board to discuss Vallarpadam lone bid issue tomorrow
- Thirunavukkarasar to visit Vizag Port
- Clean cargo exports from Vizag Port rise
- Kolkata Port logs record rise in box handling in Aug.
- ...takes steps to lure more box traffic
- Wehr Altona sets import TEUs move record at MbPT
- Dedicated weekly parcel express trains rolling out today - Bangalore-Delhi in 52 hours
- Food Ministry fixes Rs 450/qtl floor price for paddy bids
- India emerging as electronic manufacturing hub
- Export scenario for small & medium enterprises bright, says CII survey
- State Cabinet clears expert panel formation for Navi Mumbai SEZ
- No need to stop grain exports due to drought: Minister
- TNAU to undertake genome rice project
- 9 Indian companies shortlisted for execution of LPG cavern project
- Govt approves 6 more apparel parks
- Diploma in coir technology soon
- A. C. Patankar to assist Romanian Chamber
- Shourie to speak on privatisation at IMC premises today
- World free trade zone expo to be held in Mumbai
- Reading of Inner Light by K. Kumar today
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| SEPTEMBER 4, 2002 |
- Tanker and oil market view as war talk rumbles
- African market report from GAC
- Daily Bunker market report from Praxis Energy Agents (Wednesday)
- PDVSA-Petrobras merger possibility
- US war preparations sends oil up again
- No great demand in the Great Belt
- Aggressive market in busy Tallinn
- Steady St. Petersburg sees solid sales
- High prices and low stocks blamed for shrinking Singapore summer sales
- Surveys reveal poor OPEC quota compliance
- Demand slackens as prices firm in Suez
- Bearish Hong Kong market fails to arouse consumer interest
- Saudi posted prices rise again
- Daily Bunker market report from Praxis Energy Agents (Tuesday)
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| SEPTEMBER 4, 2002 |
- DFDS Transport obtains NVOCC licence in China
- Lykes lines redesigns its website
- China's first train ferry
- MOLTHAI wins contract to handle Japan-Thailand logistics for Suntory Thailand
- Tibbett & Britten grows revenues again in first half
- Rhodia consolidates number of distribution suppliers and awards contract to DFDS transport
- Turkish port orders RTG cranes from Kalmar
- Evergreen to launch new Asian regional services and links between Asia and the Middle East
- Emery Forwarding opens customs brokerage office in Norfolk, VA
- Rail link between South and North Korea
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| SEPTEMBER 4, 2002 |
- No labor disruptions reported following collapse of contract talks
- Bellingham celebration will mark National Scenic Byway designation
- Consolidated Freightways Corp. files Chapter 11 bankruptcy
- Hanjin opens first phase of Long Beach Pier T terminal
- Vancouver, BC Port Authority spending millions to tighten security
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| SEPTEMBER 5, 2002 |
- West Coast keeps going but strike threat stays
LONGSHOREMEN on the US West Coast kept cargoes flowing through terminals yesterday but their union kept tension alive by refusing to rule out industrial action, writes Rajesh Joshi.
- Japan green tax punches black hole in coal trades
THE dry bulk market faces a potentially devastating blow following Japan’s disclosure that it is planning to tax coal imports to encourage the use of cleaner fuels, such as natural gas.
- US military takes another ship as war prospects rise
THE US Military Sealift Command has chartered another general cargoship capable of carrying tanks to the Middle East.
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| SEPTEMBER 4, 2002 |
- Liberia misses UN audit deadline
- Shipping's dark secret revealed
- Russia, China deal in the pipeline
- Fesco shareholders sack chief exec
- Operators refuse to aid state rival
- Dredgers held for smuggling sand
- Bunbury seeks liner interest
- Search fails to find missing woman
- Koreans confirm Brussels talks
- West Coast slow-down denied
- Aker might raise Kværner stake
- Clarksons hit by market uncertainty
- Philippine port charges opposed
- HMM appoints new president
- China merges Suzhou ports
- PTP holds talks with US Customs
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| SEPTEMBER 4, 2002 |
- Europe to press U.S. on box security
Stakeholders in Europe's port traffic will launch a lobbying blitz Thursday during a visit by U.S. officials to ensure Washington's maritime security plans don't slow the transport of goods across the Atlantic.
- KLM cargo improves
Strong growth on Asia/Pacific and African routes underscored the global air freight industry's rebound from the slump in traffic following the Sept. 11 terrorist attacks.
- Union rips CF 'mismanagement'
The failure of the 73-year old long-haul motor carrier will put 15,000 Teamsters out of work.
- British ports operator sees profits gain
- Hamburg-Süd joins round-the-world services
- Shanghai aims at No. 2 port ranking
- Tibbett & Britten profits weaken
- China eases express restrictions
- Cargolux gets 747 aircraft financing
- Velocity Express posts first profit
- NTE hosts Target network
- No change at West Coast ports
- Exel buys Power U.S., UK units
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| SEPTEMBER 5, 2002 |
- Europe-côte est de l’Amérique du Sud: un fort déséquilibre qui va perdurer
Le trafic entre l’Europe et la côte est de l’Amérique du Sud aura connu ces dernières années des évolutions assez diverses. Après une période de redistribution des cartes entre acteurs opérant sur cette route, c’est-à-dire une recomposition des groupes, ces derniers ont, dans l’ensemble, des bons exercices 2000 et 2001. En ce qui concerne l’exercice en cours, c’est une tout autre affaire et les perspectives pour les mois qui viennent et même l’exercice 2003 ne sont guère brillantes.
- Le PE veut une approche plus sévère des nuisances sonores que la CE
Le Parlement européen veut aller plus loin dans la lutte contre les nuisances sonores causées par les avions que la proposition de la Commission européenne relative à un règlement européen de classification du bruit des appareils civils subsoniques en vue de calculer les taxes sur le bruit. Ainsi, le Parlement a adopté, lors du vote du rapport de son rapporteur Hans Blokland en la matière, un certain nombre d’amendements de la proposition de la Commission sur l’application de ce type de taxes pour les appareils trop bruyants.
- Karel Vinck sélectionne ses futurs directeurs
Le nouveau patron de la SNCB Karel Vinck a établi une liste provisoire des diverses fonctions de direction. Un joli scoop pour nos collègues du Soir.
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| SEPTEMBER 4, 2002 |
- US West Coast dock workers mull strike
Port operations remain normal despite talks of work slowdown and strike.
- US Navy not hiking boxship requirements
The recent tender requirements for commercial ships are in line with normal trading pattern.
- New York to boost port security
US Coast Guard will enforce more stringent, temporary vessel restrictions on 11-13 September.
- MISC to cut workforce
Malaysian shipping group is offering early retirement packages to 35% of total workforce.
- Hamburg Sud goes round-the-world
German container line joins CMA CGM, P&O Nedlloyd and Contship for weekly global service.
- Stolt Nielsen to drop Arthur Andersen
Chemical tanker giant will hold shareholder meeting to vote on proposal to change auditor.
- HMM names new president
Former Hyundai Capital Services deputy Noh Jeong Ik to take over at the top.
- Clarkson "tempers" ship management moves
UK shipbroker expects year-end profitability despite market uncertainty.
- Global Carriers losses climb
Kuala Lumpur-based owner's results detail vessel arrest and damages claims.
- Chu Kong's income chopped further
Hong Kong ship agency and ports operator hit by higher costs.
- Safmarine wins approval for Unicorn tie-up
South African container lines free to create Unifeeder joint venture after Competition Commission ruling.
- Clipper and Thor buy Elite four
Owners' deal for multipurpose vessels means the end of Denmark's Elite Rederi.
- Collision blocks Kaliningrad
Crewman feared dead after bulker and cutter clash in sea canal linking Russian port to Baltic.
- Profits stable at ABP
UK ports giant posts another strong set of figures for the first half.
- Japanese maritime stocks continue meltdown
Disappointing US output data and an apparent lack of domestic action send investors scurrying.
- Clarkson interim profit halved
Shipbroking giant jittery on economic recovery as markets take their toll.
- Tsuneishi inks Portline handymax pair
Lisbon-based owner puts pen to paper on deal for two bulkers from Cebu facility.
- PTP signs up for US war on terror
Malaysian port has applied to join the Customs-Trade Partnership Against Terrorism (C-TPAT).
- A&P's Hebburn inks De Beers conversion
Fresh from re-opening, the former Cammell Laird facility picks up diamond mining vessel project.
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