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| AUGUST 7, 2002 |
Shipping News
- Bush ready to take tough action to prevent port strike
THE Bush administration has intervened aggressively in labour talks at West Coast ports, with high-level officials signalling that they are prepared to take strong action to prevent an economically crippling strike or slowdown.
- Evergreen-Zim slot swap may boost Jurong Port's volumes
- Growth seen for new Lumut terminal
Air and Land Transport
- Qantas bid to ease foreign ownership rules may fail
QANTAS Airways' bid for an easing of foreign investment restrictions will be rejected by Prime Minister John Howard's government, the Australian newspaper said.
- Auckland airport may face price controls
- MAS pledges to stay put in crisis-torn Sri Lanka
- PIA picks Boeing, Airbus for US$2b fleet expansion plan
- Ryanair's new routes boost passenger volumes
- Cathay pilots union re-elects president
- BA's passenger traffic down in July
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| AUGUST 7, 2002 |
- Evergreen's Marcel Chang, Arnold Wang in reshuffle
- P&ON expands in Africa, opens Malawi office
- PSA posts record box monthly volume in 2 years
- Shenzhen box throughput jumps 50 pc at half-way
- Fifth China-Taiwan sea route is launched
- Maersk services Liverpool to Mediterranean ports
- Northwest picks Woythaler for Atlantic VP replacement
- U-Freight appoints East-West as Sri Lankan partner
- KLM to launch Aberdeen- Stavanger service
- KLM's cargo tonnage, load factor rise in July
- Boeing names Kravchenko as chief in Russia/CIS
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| AUGUST 6, 2002 |
- Kuehne & Nagel expands in Central Asia
Kuehne & Nagel, expanded its presence in Central Asiaby acquiring the majority stake in Ibrakom.
- Inttra Selected by Oceanwide.com
Inttra, provider of business-to-business ocean freight services, announced today that Oceanwide.com, a provider of Web-based applications to the freight transportation industry, has completed its integration with Inttra.
- Wang & Chang bosses of Evergreen
Marcel Chang (Chang Ming-bo) has been named Chairman of Evergreen America Corporation effective 5 August, 2002.
- U-Freight to Sri Lanka
Logistics group U-Freight has further strengthened its South-Asian network with the appointment of East-West Cargo Services Limited as its exclusive partner in Sri Lanka.
- P&O Nedlloyd plans to order ships
P&O Nedlloyd is about to order four 7,500 teu container ships. This has been confirmed by sources within the South Korean shipbuilding industry, according to the British trade newspaper Lloyd's List.
- Ongoing Amsterdam port growth
In the first six months of 2002, goods transhipments in the ports of Amsterdam (Amsterdam, Zaanstad, Beverwijk and IJmuiden/Velsen) increased by 3 per cent to reach 35.9 million tons compared to the same period last year.
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| AUGUST 7, 2002 |
- HRC Shipping to pioneer Chennai-Haldia coastal shipping service from Aug. 13
- Dumping duty on bed-linen: Trade seeks govt help to check EC move
- Spices Board initiates brand building to increase exports to US, Japan
- JNP trekkers to accept Himalayan challenge
- Kanara Industry Chamber wants more powers for TAMP
- Cargo traffic at Mundra Port’s rail link crosses 1 MMT
- Impressive rise in Vizag Port’s box traffic at 2,325 TEUs in July
- Trailer movement to/from Chennai Port to stop from Aug. 8 to 11
- HSL delivers tug to NMPT
- Vizag Port gets prestigious ‘ISO 14001’ - 1st Major Port in SE Asia to win coveted certificate
- Mumbai Port sets new record in dry bulk cargo discharge
- Logistics conclave in Bangalore on August 8-9
- BAWC expects 15 pc rise in cargo handling in India
- Tax exemptions will be increased as and when possible -Jaswant
- DGFT: Vegetable, fruit exports to EU may be certified
- ECGC to cover losses arising from discrepancies in LC papers
- Govt to rope in pvt. players for developing 10 airports
- No tax on perquisites incurred for official purposes: CBDT
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| AUGUST 6, 2002 |
- Argentina bunker market update
- Panama bunkers steady, possible delays ahead
- Chile market update
- Daily Bunker market report from Praxis Energy Agents (Tuesday)
- OPEC and Russia agree on oil market stability
- New team member at Bominflot Hamburg
- Oil market in holding pattern ahead of weekly US statistics
- Demand dropping off in Singapore
- Daily Bunker market report from Praxis Energy Agents (Monday)
- Escravos back on
- Uruguay: Bunkering not affected by financial crisis
- Brazil: Prices remain steady
- Piraeus market slightly subdued
- Rotterdam barge market quiet this morning
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| AUGUST 6, 2002 |
- CMA-CGM orders eight container ships
- Hanbury Davies purchases DFDS Transport's UK port haulage division
- DPD takes over parcel post shipments for Intersport
- Post Danmark: turnover and operating profit both down from last year
- AEA publishes traffic results for June 2002
- Thamesport develops purpose-built facility for Winpac
- Kuehne & Nagel expands its global network in Central Asia
- Swisslog: Milk distribution centre for Israel
- NYK Line is awarded the ISO 140001 certificate
- Subsidiary of CP Ships Group named «Carrier of the Year»
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| AUGUST 6, 2002 |
- Floating LNG plant for Nigeria?
Norway's Statoil is the project manager for a conceptual study for a floating gas liquefaction plant for use in deep water off Nigeria
- Hornbeck revenues soar
Hornbeck Offshore Services, Inc. today reported revenues for the quarter ended June 30, 2002 of $21.3 million, up 39.2 percent compared to $15.3 million for the same quarter in 2001.
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| AUGUST 7, 2002 |
- Nottingham finally on the move
The stranded British destroyer HMS Nottingham was under tow yesterday from Lord Howe Island to Newcastle, Australia, reports Lloyd’s List DCN in Sydney. Swire Pacific’s Pacific Chieftain is towing the vessel, with Hongkong Salvage and Towage tug Yam O acting as a steering unit in the operation.
- Adsteam tugs refloat Doric Chariot
CHIOS Navigation bulk carrier Doric Chariot was yesterday freed from the sandbank near the Great Barrier Reef where it grounded last week.
- NOL set ‘to lose $200m’
THE world’s leading investment banks have slashed profit forecasts for Neptune Orient Lines, with two predicting end-of-year losses of more than $200m.
- US stockpiles crude as Iraq attack looms
WASHINGTON yesterday opened its bidding process for energy companies to boost the US emergency crude stockpile as tensions continue to mount in the Middle East, writes Jerry Frank.
- Maersk lands $400m Navy deal
MAERSK Line has won a five-year contract to maintain and operate eight US Navy ro-ro vessels that could be worth as much as $400m to the Virginia-based company.
- Banks and insurers scrap plans for superbody
A PLAN to create a super-organisation representing Britain’s banking and insurance industries has fallen through, writes James Brewer.
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| AUGUST 6, 2002 |
- Statendam cruise cancelled
- Lattice move on UK LNG terminal
- Italia acquisition completed
- Rokke in blackmail set-up
- Bush to head off dockers strike
- Al Najat team in London for talks
- MidEast boost for alumina shipments
- Chittagong beefs up security
- Negros back in the black
- WG&A trading to be investigated
- Grounded Chariot refloated
- Congo regains maritime presence
- Martinique to discuss labour reform
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| AUGUST 6, 2002 |
- White House will move on port strike
Labor Department officials have said the Bush administration is prepared to block a work slowdown or strike by West Coast port workers if contract negotiations fail.
- Shenzhen sets sights on L.A.
The China port is aiming to surpass the Southern California gateway this year as the world's seventh-busiest container hub.
- Expeditors 2Q meets estimates
Expeditors International of Washington said it earned $23.7 million, or 22 cents a share, in the second quarter, up from $21.6 million, or 20 cents a share, in the year-ago period quarter.
- FMC investigates NVOs
- Crowley gets C-TPAT approval
- Bangladesh tightens Chittagong security
- Kuehne & Nagel expands to Central Asia
- Emirates starts China cargo service
- EVA adds 747 freighter
- Virgin Atlantic Cargo adds two execs
- Oceanwide.com completes Inttra link-up
- Danzas North America inks Praxair
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| AUGUST 7, 2002 |
- Hoyer investit dans des containers- citernes pour le transport de CO2
Le transporteur et logisticien allemand Hoyer a commandé chez Van Hool six nouveaux containers-citernes pour le transport de dioxyde de carbone liquide. Hoyer porte ainsi le total de sa flotte de containers-citernes pour le transport de CO2 à onze unités. La nouvelle commande représente un investissement de quelque 100.000 EUR.
- Gand: baisse du trafic malgré une forte hausse à la sortie
Au cours des six premiers mois de l’année, le transbordement maritime dans le port de Gand a reculé de 2,74% comparé au premier semestre 2001. Le volume total des entrées et sorties a atteint 11,46 millions de tonnes, soit une baisse de 322.000 tonnes par rapport à l’an dernier. Le trafic à la sortie s’est pourtant fortement redressé et affiche une hausse de 16,1%. Mais cela n’a pas suffi pour compenser la baisse de 6,5% des volumes à l’entrée. Les résultats ont été particulièrement décevants dans le secteur des diverses conventionnelles. Le mauvais résultat final est presqu’entièrement imputable à l’arrêt des importations - par la voie maritime - de slabs pour le compte de Sidmar.
- Qui reprendra les 43% de l’Etat dans Yang Ming?
Le gouvernement de Taipei est fermement décidé à mener à bien un programme de privatisation d’entreprises publiques ou semi-publiques. Le désengagement de l’Etat de plusieurs secteurs, comme les banques et la sidérurgie (China Steel), porterait selon notre confrère “Lloyd’s List” sur un montant 17 milliards d’USD. Dans la liste des participations publiques à privatiser figurent les 43% que l’Etat détient encore dans l’armement Yang Ming.
- Kühne & Nagel prend une participation de 60% dans Ibrakom
Via l’acquisition de 60% des actions de la société Ibrakom, le groupe logistique suisse Kühne & Nagel vient de renforcer sa position sur le marché de l’Asie centrale. Ibrakom est un des plus importants expéditeurs et opérateurs en logistique de contrat en Asie centrale, dans les Emirats arabes unis et en Iran. La nouvelle joint-venture opère sous le nom de KN Ibrakom.
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| AUGUST 6, 2002 |
- Amerada Hess exits shipping
United States Shipping Acquisition takes over six Jones Act product tankers from Hess.
- Royal Olympic cuts losses
Newbuilding compensation payout helps shrink interim losses for Greek cruiseship owner.
- US government to prevent port strike
A national economic emergency may be declared to halt potential strike at West Coast ports.
- CP Ships seals Italia di Navigazione deal
CP Ships' chief operating officer is to chair Italia's new board of directors.
- Lakers shrug off slow start
The number of active US Great Lakes vessels is the same as a year earlier.
- Eletson income falls
But Greek owner is "pleased" with second quarter rates despite lower levels.
- Lower vessel utilisation rate hits Hornbeck
Higher expenses and lower vessel utilisation rates trimmed the firm's second quarter income.
- Bosses to sell Sacor Maritima shares
Portuguese owner's management council is backing Petrogal's offer to buy up remaining stock.
- Kazmortransflot's Caspian volume at 2.6m tonnes
Russia and Azerbaijan take majority of Kazakh owner's crude exports in first half.
- McMahon to head Stelmar
Ex BP chartering man to take over the helm from Bruce Ogilvy.
- Doric Chariot refloated
Bulker grounded in Great Barrier Reef Park freed by three tugs.
- Insider trading probe hangs over WG&A
Heavy share dealing before buyout announcement prompts investigation of ferry owner.
- Cosco Investment reveals Nantong contract details
Part-owner of Chinese yard confirms two contracts with Maersk and Wallenius Wilhelmsen.
- Koreans talk up HMM car carrier sale conclusion
Speculation continues apace on when the final signatures will be put to much-talked of mega deal.
- PetroVietnam inspects Japanese resales
Tanker hungry Vietnamese oil giant is taking a fresh look at its purchase options.
- Dart Line owner Bidcorp makes profitable start
First interim results of former Jacobs Holdings show small profit, after big loss in 2001.
- Vroon inks China offshore newbuilds
Dutch owner looks east for platform supply vessels as it expands offshore arm.
- Weather hampers Idemitsu VLCC STS
Efforts to transfer cargo from crippled Orpheus Asia look to be delayed by tropical storm.
- Evergreen in presidential shake-up
Wang new boss at boxship operating arm, as line agrees slot sharing deal with Zim.
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