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| JUNE 6, 2002 |
Shipping News
- S'pore container terminals may have US Customs inspectors
US Customs inspectors are 'very likely' to be stationed at Singapore's container terminals under the US security initiative that the Republic has agreed to join.
- US approves port security legislation
- DNV Petroleum Services plans to open 7 more labs
- Yang Ming expects to return to profit this year
Air and Land Transport
- Taipei to privatise state aircraft maker
TAIWAN's cabinet yesterday passed a bill to privatise the island's state-run aircraft maker Aerospace Industrial Development Corp .
- China's aviation prospects good: airline chiefs
- China woos foreign investors for airports
- Questions raised about new air traffic system
- CAL's jet purchase plan unchanged
- Thai govt to sell shares in airports authority in Oct
- Oneworld sees US$1b cost-savings this year
- An airport just like home
- Log Book
Features
- Modern pirates plunder Spanish-era shipwrecks
SOME 400 years ago, English admiral Francis Drake swashbuckled his way through the seas of the Spanish Americas, seizing riches from its treasure-laden ports.
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| JUNE 6, 2002 |
- Tianjin agency joins the CIFA
- Seattle terminal shift for West Coast Americas-Asia service
- New chief Bisignani brings rich multimodal experience to
- Exel Direct highlights partnership with Wickes
- SembCorp gets Savi
- MSC to route containers through Manzanillo port
- Atlas Air and pilots begin labour talks
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| JUNE 5, 2002 |
- KLM traffic up
In May 2002 overall capacity of KLM was 7 per cent lower than last year, which is consistent with KLM's previously announced gradual capacity increase for the summer season.
- LG Electronics Selects GT Nexus
Korea's largest electronics and communications company LG Electronics selects GT Nexus to integrate international carriers, deliver timely, and supply chain visibility.
- Continental load factor up, but losses continue
Continental Airlines reported a May 2002 system wide jet load factor of 73.5 percent, 1.3 points above last year's load factor, but warned for further losses.
- US Customs to Asia
After Europe had to accept US Customs imperialism now Asia is to deal with the American paranoia for terrorists and drugs.
- E-mail kills the postmen
TPG Post is to scrap 5.000 jobs, mainly because of the growth of e-mail and electronic services (internet banking).
- European workers oppose EU port package
Trade unions around Europe are more and more concerned about the possible social and economic consequences about the European Commission's proposal for a Directive on Market Access to Port Services.
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| JUNE 6, 2002 |
- Vedprakash Goyal to switch on shiploader at Haldia dock on June 8
- Govt can recall SCI fleet even after sell-off
- UK may emerge top buyer of Indian software: Study
- Steel exporters undaunted by Chinese safeguard duty
- China wants better trade relations with India
- HC clears way for imposition of dumping duty on PSF
- All India Warehousing opens branch at Dronagiri
- Globelink WW starts Hub operations in Bhadohi, Kanpur
- End truckers’ stir to resume exports via Petrapole - Fieo S. O. S. to Bengal govt
- Share Mumbai-Pune Expressway cost, MSRDC asks NHAI
- Debiting of SAD to DEPB will affect exports, cautions CII
- Duty drawback cuts untimely; will adversely affect exports, warns Fieo
- President okays six bills
- Consortium to be formed for naphtha import
- Garment exporters happy at drawback rates hike
- ISGEC to set up Rs 26.5 cr. sugar plant in Zambia
- Power sector plans roadshows to attract global market
- Exporters keen to set up apparel park in W. Bengal
- Naphtha prices cut by 1.5 pc
- Oilmeal exports up by 21 pc in April-May
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| JUNE 5, 2002 |
- Halifax fuel oil falls, Montreal little changed
- New posted prices in Ecuador
- New York and Phildelphia little changed on average demand
- Survey puts 2002 Brent crude down to $23 average
- St. Eustatius now fully replenished
- Demand in Panama slows down as market firms
- Baytur announces outgoing trader's replacement
- Argentina market update
- African market snapshots
- Finance in place for Caspian pipeline to Ceyhan
- API/DOE: Big US crude build takes market by surprise
- Arab Gulf fuel oil price sharply down today after earlier gains
- Bunker prices for Brazilian ports
- African market report from GAC
- Posted prices for Saudi Arabia a little softer
- Suez avails almost back to normal
- Rotterdam market report from Marine Bunkering
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| JUNE 5, 2002 |
- Maersk adds "Cornelia Maersk" to fleet
- Unisco Xiamen appointed as agent for NYK & Hyundai
- MSC to use Manzanillo as hub
- Atlas Line with 100th member
- UBS acquires 2 million shares in NOL
- Iberia wins maintenance contract from LTE
- BAX extends low-cost service to Mexico
- FedEx to pay its first dividend
- SBB to invest CHF 2.9 billion
- New appointment at Schenker
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| JUNE 5, 2002 |
- Department of Transportation calls cargo security scheme a success
- Port of Port Angeles net Corps Ok for work at The Landing Terminal
- FedEx Freight changes image as it adds new service options
- Corps taps NATCO for Columbia dredging work
- Port of Seattle opening Sea-Tac lot to vehicles that measure-up
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| JUNE 6, 2002 |
- Italian owners vote with feet on budget
ITALY’S commercial fleet declined for the first time since 1998 in the last four months of last year as owners reacted with their feet following a lack of support in the legislature, writes Justin Stares in Rome .
- Golar and Saipem target Italian LNG market
LIQUIFIED natural gas specialist Golar LNG and Milan-listed oil and gas equipment manufacturer Saipem will target the booming Italian gas market with a new joint venture company.
- Star has Meyer in eyes for $450m pair
STAR Cruises is in talks with German shipbuilder Meyer Werft for two ships worth $450m.
- Entente cordiale to Big Three on tanker classification
BERNARD Anne of French classification society Bureau Veritas has given a Gallic "bravo" to the ‘Big Three’ classification societies’ plans to stop competing over tanker safety standards, writes Julian Bray.
- German insurer to quit hull business
Co-operative insurance group R+V, Germany’s fourth largest in property and casualty with a market share of 4.7%, is to shed fringe marine business such as hull.
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| JUNE 5, 2002 |
- Portland plans liquid terminal
- Singapore agreement a "milestone"
- Transpetro denies sale rumours
- Port calls for ban on June 7 strike
- Bulkheads 'still not strong enough'
- House passes US security bill
- Wallack unveils cruise plans
- IACS denies class rumour
- How to sell non-existent jobs
- China opens oil spill responder
- Mepas form Intermepa
- S Africa launches congestion plan
- EU leaders agree on short-sea need
- Insurers sound war warning
- German states back Wilhelmshaven
- US security measures 'unacceptable'
- US seeks emission comments
- Monica Silvera
- Saudi approves $2Bn rail link
- Sovcomflot signs with Chevron
- Singapore endorses US initiative
- UAE laws to boost box rates
- Restructuring costs hit SNCM
- Oman LNG secures Spanish contract
- Brazil to tackle phantom menace
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| JUNE 5, 2002 |
- Familiar tune at anti-trust hearing
The line that was drawn between opponents and supporters of ocean carriers' exemption from antitrust laws in 2000 did not move when they met again Wednesday.
- Cosco eyes Singapore terminal stake
The unit of China Ocean Shipping says it may buy a stake in Singapore's main port operator, PSA Corp. Ltd.
- House port security bill passes
The bill now heads to committee to resolve differences in House and Senate legislation.
- Toy story: Hasbro shifts import hub to So. Calif.
- KLM cargo surges in May
- EU OKs Greek, Dutch shipyard aid
- FMC nominee Blust testifies
- TPG to cut 5,000 jobs
- Strike threat for Nehru port
- Mega-ULCCs enter service
- Unisys settles false Y2K claims with Postal Service
- Feed deal puts N.C. port high on the hog
- DOT grants for U.S.-Mexico traffic
- New Zealand dairy giant chooses Inttra
- Chile carrier joins AMPAC
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| JUNE 6, 2002 |
- Le Livre blanc sur le Transport vivement critiqué à la conférence de Valence
Lors de la conférence consacrée au Surface Transport Technologies for Sustainable Development à Valence, la Commission européenne a posé les fondements d’un comité consultatif pour les études sur le transport routier. Il assistera la Commission dans les études relatives au transport routier dans le cadre du sixième programme cadre de l’UE. Le Livre blanc du Transport a fait l’objet de critiques virulentes lors de la conférence, qui était soit dit en passant une organisation de la Commission.
- Fortes inquiétudes pour le transport routier en France en 2002
Bien que toutes les données ne soient pas encore disponibles, on estime en France que 2001 devrait avoir été une année assez favorable pour le secteur du transport routier, avec des résultats relativement semblables à 1998, qui avait été une année plutôt bonne. En revanche, les milieux du transport routier de marchandises (TRM) sont inquiets pour 2002: la marge nette dégagée en moyenne est trop faible, de sorte que le secteur est à la merci de la moindre augmentation des coûts...
- PSA Corp : + 24,1% à la fin mai
Le manutentionnaire PSA Corp, de Singapour, est bien décidé à combattre les impressions qu’ont laissées sur la scène maritime internationale les défections de Mærsk Sealand et Evergreen. C’est ainsi qu’il publie régulièrememnt ses performances mensuelles. Le mois de mai a donné lieu à une progression des volumes manutentionnés de 39,1% par rapport au mois de mai de l’année précédente. Pour les cinq premiers mois de l’exercice en cours la progression du trafic était de 24,1%.
- Rouen commande deux portiques panamax pour son terminal de Grand-Couronne
Le port autonome de Rouen vient de passer commande à Kalmar/Nelcon de deux portiques à containers de type panamax, livrables dans 16 mois. Ces engins, qui représentent un investissement d’environ 10 mio. d’euros sont destinés à équiper le terminal à containers de Grand-Couronne qui va faire l’objet d’une extension.
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| JUNE 5, 2002 |
- Carnival cancels EC hearing
Carnival could make its P&O Princess takeover case before the Commission in a special hearing.
- US refutes lax container security rumours
US Customs aims to screen all shipments before they depart for the US.
- Singapore joins Container Security Initiative
The US Customs is hoping to place inspectors in another six ports in Europe and Asia.
- MISC hunts for LNG carrier newbuildings
Malaysia International Shipping Corp wants to play spot market with extra ships.
- Royal Schelde Group to hand back EUR 4m
EU orders return of some restructuring aid for Dutch shipbuilder because it is boosting capacity.
- Deltamarin wins Airbus ship deal
Finnish designer wins Jinling contract for Hoegh-Dreyfus joint venture.
- Farstad confirms $184m of Brazilian business
Petrobras takes three anchor-handlers on charter from Norwegian owner's joint venture.
- Greek owners eye bulker 'bargains'
Low yard prices create "enthusiastic mood" among Greek owners says leading broker George Banos.
- Taiwanese owners eye direct link to China
Yang Ming, Evergreen shares rise as shipping talks between two antagonistic states move closer.
- Star looking to Meyer Werft again
Malaysian cruiseship owner could revive dormant order for two ships at German yard.
- Lorenzo stumbles in first quarter
Philippine bulker and boxship owner blames economic slowdown for shrinking profits.
- Newbuilding costs drain Attica
Fleet expansion and low season hits Greek ferry operator in first quarter.
- EU could review HDW share sale plan
Bank One Corp's purchase of German yard's stock has taken new twist after US naval yards entered frame.
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