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| FEBRUARY 7, 2002 |
Shipping News
- K Line's S'pore ops a focal point in global network
UNDER a major reorganisation of its shipping operations, Japanese shipping line Kawasaki Kisen Kaisha Ltd has made its new Singapore operations a focal point in the group's global operations.
- Industry tipped to pick up as early as June
- Ships warned of wreck afloat in Gulf of Thailand
- P&O Princess back in the black
Air and Land Transport
- US to try out 100% bag-matching programme
THE US government may close a loophole in its aviation security plan by requiring airlines to match all checked luggage with passengers on every domestic flight, a senior Transportation Department official said on Tuesday.
- Delta Air to lay off fewer pilots as demand rises
- Malaysia Airports seeks tax hike
- Bombardier starts building new business jet
- BA's Jan traffic decline less than Dec's
- Qantas adds new routes with partners
- Maintenance dispute costs A$1m
Features
- MPA can lead the way in cleaning up industry
A LEADING US-based fuel tester has suggested ways that Singapore could prevent future bunker fuel contamination - through comprehensive research, stricter regulations and effective monitoring.
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| FEBRUARY 7, 2002 |
- WTSA member lines tackle shrinking reefer base
- Asia plays host to top 5 container ports
- Hatsu excels with third UK vessel
- Organised crime takes to the high seas: ICC piracy report
- Mixed fortunes for Oregon port
- IATA reports 10-year low
- Chinese authorities approve major aviation shakeup
- Delta posts record losses for Q4
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| FEBRUARY 6, 2002 |
- American Eagle Airlines reports January Traffic
- Airbus parent likely to beat 2001 profit forecast
- Cara Announces Third Quarter Results
- Schneider Logistics & Cat Logistics team up with transportation agreement
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| FEBRUARY 7, 2002 |
- Export curbs on select farm items off, sugar decontrol after April - Free onion exports up to 7 lakh tonnes a year
- Malaysian cos scouting for more Indian IT firms
- SCOPE-Air to consider express cos’ plea after verification
- Development work on NH 214 inaugurated
- CII submits 15-pt agenda for ITeS to govt
- APM dismantling modalities decision left to PM
- World class infrastructure vital to achieve competitiveness, says Fedai chief - Exim Club, GCCI organise Open House of bankers, exporters
- Sugar decontrol after futures trading begins
- Imports of sensitive items log 6.7 pc growth in April-Dec. 2001
- WTO panel to create 7 committees for negotiations
- Govt likely to ease transfer pricing rules for MNCs
- Tripura AEZ to concentrate on organic products
- CSO estimates 5.4 pc GDP growth in 2001-02
- 12 items to be taken out of essential goods Act
- Price control on 30 drugs to go
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| FEBRUARY 6, 2002 |
- Petrobras contacts during carnival holiday
- Tight avails on the Canadian East Coast
- Suez market review
- US East Coast market report
- Tight avails and firmer market in Fujairah
- Crude oil rises on API stats
- Report from Southern African bunker markets
- Steady volume of Iraqi crude oil exports
- Russia revises port dues
- India to create strategic crude oil reserve
- New posted prices for Saudi Arabia
- Kuwait will resume exports from northern fields today
- API shows an unexpected fall in gasoline stocks
- Rotterdam morning market report
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| FEBRUARY 7, 2002 |
- "K" Line Pte Ltd's Startup Party held on February 4, 2002
- Crescent focuses on tankers and ferries
- Tonnage growth in Savannah
- Graig opens Chinese center of excellence
- P&O and BP sign fuel procurement agreement
- Website works wonders for AMI
- Liscr welcomes Russian boost for tanker owners
- UCI wins three year deal
- BAA profits slip
- Consignia rated a top brand
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| FEBRUARY 6, 2002 |
- Carriers in Transpacific agreement adopting program for refrigerated cargo
- Port of Olympia looking for parties interested in golf center
- IICL container inspector test scheduled for September 28
- Port of Tacoma sees gains in auto imports for 2001
- Both sides or rail freight post declines during week
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| FEBRUARY 7, 2002 |
- Seamen Get More Time to Join the 'White List'
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| FEBRUARY 7, 2002 |
- IACS answers Colman blast on bulker safety progress
HIGH court judge Mr Justice Colman’s call for the International Association of Classification Societies to "get its act together" on hatch cover safety has provoked a detailed defence from the international body, writes Sandra Speares.
- Tsakos to list in New York
Tsakos Energy Navigation is persevering with plans to raise up to $150m through a New York listing despite bombed out freight and stock markets.
- Carnival expected to up the stakes in P&O Princess bid
CARNIVAL Corp is today expected to increase its hostile bid for P&O Princess in another attempt to snatch its UK rival from the embrace of Royal Caribbean Cruises, writes Tony Gray.
- More surveyors guilty in bunker scandal
A FURTHER 11 bunker surveyors in Singapore pleaded guilty and have been fined for corruption.
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| FEBRUARY 6, 2002 |
- Corruption rules at Chittagong
- Owners reject second Mexican flag
- Builders battle Bush budget blow
- Rio Grande seeks new cargoes
- Romanians find no Karine-A
- Germans close in on Viana
- Tsao to delist IMC
- Fertiliser focus on Vostochny
- Dragados bids for Dutch HBG
- New tax kills Gadani revival
- Floating fuel ships 'legalised'
- Patrick Corp to seek new activities
- US, Panama agree drug patrols
- Banks to take over Pan Ocean
- Fire dampens Brilliance
- Oil leak from refloated ship
- Korea softens on cattle imports
- More Singapore surveyors fined
- Hellenic sale to be debated
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| FEBRUARY 6, 2002 |
- NIT League protests reefer pool
Shippers are criticizing a proposed refrigerated-cargo pool that would allow westbound Pacific carriers to allocate the market.
- Customs will meet ACE deadline
New funding has the agency confident it will complete development of its new computer system on time.
- FedEx expands Home Delivery network
- APM Terminals to manage Jamaica facility
- Transoceanic Shipping gets China project contract
- Bangladesh adding links to India, Pakistan
- Evergreen’s Europe move draws concern
- Pacer unit in fleet alliance
- C.H. Robinson profits rise
- Port of Baltimore gets Ford export deal
- Organized crime steps up piracy
- DOT gets $59.3B in budget
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| FEBRUARY 7, 2002 |
- Liège bientôt desservi par un service containérisé sur Anvers?
Les ports publics de Liège ne sont pas non plus parvenus en 2001 à franchir le cap des 20 millions de tonnes de marchandises transbordées. L’année s’est clôturée sur 19,54 millions de tonnes, soit un rien de moins que les 19,63 mio. de t de l’année précédente. Si l’on inclut les ports privés, le total du port de Liège devrait probablement encore augmenter de quelque sept millions de tonnes. Le transport par eau s’est très bien comporté. Il a été le seul vecteur de transport traditionnel à progresser à Liège.
- Marseille a trouvé preneur pour 35 ha de Distriport
La météo des activités portuaires est décidément très changeante à Marseille. La fin de l’année 2001 avait été marquée par un long conflit social et 2002 avait mal commencé avec l’annonce d’un retour des finances dans le rouge. Mais les dirigeants du Port autonome de Marseille (PAM) gardaient un succès appréciable dans leur manche. Ils viennent d’annoncer que les 35 hectares déjà viabilisés qui constituent la première tranche de la zone logistique Fos-Distriport, sont totalement commercialisés, c’est-à-dire loués ou vendus.
- Vers une hausse des prix des camions neufs en 2001?
Le salon du véhicule utilitaire d’Amsterdam ouvre ses portes ce jeudi au complexe RAI. Hier, lors de la journée de presse, il y a bien eu quelques conférences de presse de la part de certains constructeurs, mais force est de constater qu’il n’y a pas eu de déclarations fracassantes. Même sur l’ampleur de la baisse prévue du marché du camion, c’était la prudence et la discrétion. Manifestement, les différentes marques ne savent pas sur quel pied danser. Elles ne se prononcent pas davantage sur l’éventualité d’une guerre des prix. Au contraire, certains constructeurs prévoient que cette année, il y aura une hausse des prix.
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| FEBRUARY 6, 2002 |
- US Congress seeks higher shipbuilding budget
The Bush Administration allocated only $4m for shipbuilding loan guarantee in 2003.
- Stelmar raises time charter bookings to 67%
One of the three new time charter bookings is a renewal of an existing contract.
- Cresent to focus on short tanker routes
The UK shipping firm has moved out of the short sea dry bulk sector after selling nine vessels last year.
- Another cableship owner in financial trouble
Tyco International shares fell by as much as 56% from early January.
- ACLN's new acquisitions boost share price
ACLN bought controlling stakes in five car carrier companies.
- Demolition buyer named in Indian rumpus
Global Marketing Systems' Komal Sharma reported to have been involved in Indian arrest drama.
- Russia cuts port costs for tankers
Port charges for a 80,000-dwt vessel under a foreign flag are down by as much as two-thirds.
- TEN gears up for $150m US listing
Greece's Tsakos Energy Navigation has revived its plan to raise cash in the States.
- Shenzhen moves into ports top ten
Chinese city ranked eighth in world in terms of containers handled last year.
- Pan Ocean agrees debt for equity swap
Troubled Korean owner limbers up to renew its fleet, with its creditors at the helm.
- Solstad clinches time charters
Norwegian owner wins NOK 190m worth of contracts for supply ships.
- Old gas wreck resurfaces
LPG carrier Pak One, which sank in 1996, has popped up unexpectedly in a Thai shipping lane.
- Royal Caribbean downplays UK regulatory concerns
US cruise operator said its stake in a UK travel agency should not hold up P&O Princess merger.
- Fred Tsao bids to take IMC private
Bidder offers sizeable premium for outstanding 32.8% stake.
- GulfMark extends charter cover
US supply ship owner has tied up another newbuilding for three years.
- Tokyo MOU nations increase detentions
Members of port state control agreement held 13.7% more ships last year than in 2000.
- PSA S'pore terminals see double-digit growth
January sees 11.4% growth in box numbers, but future growth will fluctuate.
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