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| NOVEMBER 7, 2002 |
Shipping News
- West Coast contract talks to resume next week
A federal mediator called for a one-week break in contract negotiations covering West Coast dockworkers, after the shipping industry and longshore union failed to reach agreement on a pension package.
- Iran shipping line sets up regional office in S'pore
- Row over HK's ability to handle very big ships
Air and Land Transport
- Profits of European airlines beat forecasts despite slump
HAVING cut costs, pared back schedules and laid off many employees, some of Europe's largest airlines are starting to post fatter-than-expected profits, even as air travel remains weak.
- United gets US$500m debt reprieve from bank
- AMR raises cost-cutting target to US$4b
- More direct daily Manila-S'pore flights
- Iberia plans low fares on some routes: report
- Boeing rolls out new AWACS jet for Australia
- LOG Book
- Blood clot victims move London court against airlines
- Danzas to come under DHL
- GE to supply engines for China's regional jet
- Exel ranked as top logistics provider
- German business airline opens Geneva-Cologne link
- Fast Track
Features
- Shock tactic to keep high-seas robbers at bay
IIT is enough to make even hardened sea dogs think twice: a 9,000-volt electric fence to zap pirates and other intruders as they try to board ships.
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| NOVEMBER 7, 2002 |
- WTSA lines begin implementation of 2003 dry cargo rate programme
- ASEAN becoming increasingly insignificant
- Logistics seminar held in Xiamen
- Woods appointed president of Rickmers-Linie America
- UPS applies for HK to Asia and Europe hub connection rights
- Macau Airport cargo handling rises 34pc last month
- Boeing delivers first 747-400ER freighter to Air France
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| NOVEMBER 6, 2002 |
- Lufthansa considers helping support UAL
Lufthansa may consider payments to help United Airlines, the financially-troubled US carrier and key transatlantic partner in its Star Alliance grouping.
- Northwest discusses pension issues
Northwest Airlines filed its third quarter 2002 Form10-Q with the U.S. Securities and Exchange Commission (SEC), in which it discussed pension issues and actions regarding funding of some of its employee pension plans.
- TNT direct air route Belgium-China
TNT Express the world's leading business to business express carrier has unveiled a new direct service between the TNT Express European Air Hub in Liège, Belgium and China.
- Maersk gets Chinese NVOCC license
Maersk Logistics China has received an operating licence by the Chinese Ministry of Communication covering full NVOCC activities.
- Evergreen drops joint PTP-Thailand service
Evergreen Marine Corp has pulled out of a joint feeder service with Maersk Sealand connecting their regional transhipment hub, the Port of Tanjung Pelepas (PTP), to Thailand.
- Lufthansa profits better than expected
Lufthansa, announcing profits in excess of expectations, has attacked banks and the government for threatening Germany's economic health.
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| NOVEMBER 7, 2002 |
- Mitsui, Oman govt offer to buy out SCI’s 20 pc stake in Greenfield
- Indian Register of Shipping launches Ship_Mate, the onboard ship safety software
- EEPC lists measures vital for better export performance
- Several countries seek India’s biotech expertise
- Tea exports post modest rise in Jan-Sept.
- Vehicle exports record 60 pc increase during first half of fiscal 2002-03
- MbPT takes over stevedoring activity
- Kerala plans to develop 3 ports with private investment
- KoPT traffic up by 12.61 pc during April-Oct.
- Net worth rider for airport bidders likely
- Air cargo shipments to be higher by 10-15 pc in last quarter of 2002: IATA
- New guidelines for fishing in EEZs
- Panel : PAN can be citizen Id. number too
- IMF director lauds RBI forex policy
- Tenth Plan document envisages 20 pc annual rise in Ports’ capacity over 5 years
- Kelkar panel for end to I-T exemptions, lower taxes
- FDI rises by 31 pc during Jan-July 2002
- Resident Indians can open foreign currency a/c now
- Diesel, petrol price hikes fuel inflation to 2.89 pc
- Divestment panel nod for sale of CSL, HSL
- CII report puts GDP growth rate at 5.4 pc
- CII, state govt hold out opportunities for investment in IT, biotech sectors
- IMC to hold meeting with Chinese envoy today
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| NOVEMBER 6, 2002 |
- US Gulf: Huge demand as prices hit six-month low
- Price slide continues on US East Coast
- New posted prices in Ecuador
- Daily Bunker market report from Praxis Energy Agents
- OPEC not worried about overproduction, no word on quota changes
- Cruise season brings high demand to Canaries
- Gibraltar: High demand and heavy congestion
- Suez: Decline in prices hindered by tight avails
- Indications continue to fall in a healthy Piraeus
- More reports suggest rise in OPEC oil output
- API report more bearish than expected
- New Saudi posted prices: Avails return in Dammam
- Further Busan drop still not enough bait for buyers
- Avails back to normal in Argentine ports
- Quiet and soft in Rotterdam
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| NOVEMBER 6, 2002 |
- Transpacific carriers stick with plan to boost rates across the board
- Puget Sound first in line for new Coast Guard program
- Department of Transportation inks maritime trade & transporation report
- Sea-Tac Airport wins award for environmental efforts
- Cruise passenger numbers continue up in Vancouver, BC
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| NOVEMBER 7, 2002 |
- New chairman Levene to market Lloyd’s worldwide
LORD Levene has been confirmed as the new chairman of Lloyd’s, with a pledge to "sell the Lloyd’s message around the world", writes James Brewer.
- Brussels has US box deals in its sights warns Ridge
THE European Commission is said to be considering launching infringement procedures against countries that have signed up to the US Container Security Initiative, a group that includes the Netherlands, Germany, Belgium and France.
- PSA Corp poaches Teh from rival Hutchison
PSA Corp has snatched Eddie Teh, a top executive from rival Hutchison, to take up the newly created post of executive deputy chairman.
- Montanari threatens Italian mass exodus to Red Ensign
ITALIAN shipowner supremo Giovanni Montanari repeated his call for a mass exodus from the Italian flag yesterday and said that an alternative European register had been identified — that of the UK.
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| NOVEMBER 6, 2002 |
- Serving the Celtic battleground
- Tax recommendations worry lines
- Lula backs Brazilian shipbuilders
- Lott to push through security bill
- Jordan agrees second Egypt link
- Exel acquires South African agency
- Newbuilding prices tumble
- Romanians bid for Caspian cargo
- PSA strengthens top team
- Dutch Customs head backs CSI
- Holyman's WA contract renewed
- Indian Oil drops FSO plan at Haldia
- S African port opposition hardens
- Le Joola report targets instability
- Aker Kværner warns of profit slide
- Niigata to sell engine unit to IHI
- HHI expects order rebound in 2Q03
- Univan nets six more box ships
- MISC takes over haulage firm
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| NOVEMBER 6, 2002 |
- Employers mulling costs, arbitration
Waterfront employers began the week-long task of calculating exactly how much a new contract with union dockworkers will cost them.
- 1.2 billion tons of cargo for U.S. ports
Almost 1.2 billion tons of waterborne foreign trade moved through seaports in the United States in 2000, according to a new report from the U.S. Department of Transportation.
- Experts: China keeping WTO promises
But the world's most populous country will have to show even more concrete change in 2003.
- Kitty Hawk names Zoller president
- PSA appoints Teh executive deputy chairman
- Exel acquires S. African logistics company
- CN will see most revenue from U.S.
- China Southern adds L.A. cargo flight
- Air France gets new 747 freighter
- East Indian port wooing Southeast Asia traffic
- Florida East Coast quitting telecom
- Europe derails Greenbrier despite railcar rebound
- Court rules in 'quasi-contract' case
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| NOVEMBER 7, 2002 |
- France: Hays Logistics va reprendre Groupeco
Hays Logistics va reprendre 100% du capital de l’opérateur français de transport et logistique Groupeco. L’opération ne sera définitive qu’après l’accord de la Commission de la Concurrence. Pour Hays Logistics, cet achat vient compléter la mise en œuvre d’un nouveau schéma transport s’appuyant sur un outil de pilotage des flux à l’échelle européenne. L’opération renforce également l’acheteur sur le marché de la distribution des lots tant complets que de groupage et express.
- La Febiac prépare un salon “low cost” du poids lourd pour 2004
Il est fort possible que la Febiac organisera en 2004 un salon spécifiquement axé sur les poids lourds. Il s’agira de créer un forum professionnel pour le secteur belge du transport routier, afin de compenser l’absence des véhicules de plus de 7,5 tonnes au prochain salon du véhicule utilitaire de Bruxelles. C’est ce qu’a annoncé Jacky Mouligneau, président de la section “Véhicules utilitaires” de la Febiac, au cours d’une conférence de presse.
- Tower Automotive jouera un rôle important dans la logistique de Volvo Cars Gand
Un an après le premier coup de pioche, Tower Automotive a procédé à l’inauguration officielle de sa nouvelle usine dans la zone portuaire de Gand mardi dernier. L’investissement du groupe américain s’inscrit dans le cadre des projets de développement de Volvo Cars Europe. Tower approvisionnera l’usine automobile de la filiale de Ford de composants de carrosserie sur base just-in-time. Le fournisseur produira non seulement les composants mais jouera également un rôle important dans la réception et la livraison de composants d’autres sous-traitants. Le pré-acheminement vers Tower se fera essentiellement par le rail. Le transport entre les usines de Tower et de Volvo Cars au Sifferdok s’effectuera par poids lourds, via un chemin portuaire qu’emprunteront des véhicules dépassant largement les normes habituelles.
- Le “self handling” reste d’une brûlante actualité
“Nous sommes très favorables aux actions de promotion du Short Sea Shipping, comme le programme Marco Polo qui peut aider au démarrage de services particuliers pour autant que ces actions ne provoquent pas une distorsion de la concurrence. Marco Polo devrait être centré sur des projets qui peuvent être poursuivis à moyen et long termes, si non il y aurait une attribution erronée des resources financières. Tant nos projets espagnols qu’irlandais inscrits dans le PACT ont fait preuve de durabilité et de succès. Nous croyons qu’il y a de la place pour d’autres développements du SSS par l’entremise des instruments déjà développés par la CE, comme les States Aid Guidelines et la future directive portuaire. Mais nous lançons également un appel au gouvernement italien pour qu’il suive ces guidelines européennes et introduise le système de taxe au tonnage afin de rendre la flotte italienne compétitive”. Emanuele Grimaldi lors de la 6e convention Euro-Med, qui s’est déroulée la semaine dernière en Italie a plus particulièrement insisté sur la nécessité pour toutes les parties concernées de considérer le SSS dans un autre contexte afin de rendre cette alternative économiquement viable.
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| NOVEMBER 6, 2002 |
- Fearnleys warns on bulker ordering
Broker sees "stability" and "modest" rate increases for 2003.
- Vopak still on course
Dutch owner's shipping performance down on last year, but group still expects net profit to match first half of 2002.
- Aker Kvaerner turns around losses
Restructured Norwegian group on sounder financial footing, but outlook bleak for shipyards in fourth quarter.
- Two flags added to UAE ports blacklist
Only certificates from IACS class societies will get ships from Tonga and Sao Tome into Gulf state's waters.
- Groupe Bourbon builds stake in Havila
French offshore shipowner now has 29% of Norwegian rival.
- WTSA lines adopt dry cargo rate rise
Boxship owners operating from the US to Asia aim to stem revenue losses in 2003.
- Belships sinks further into the red
But Norwegian owner sees glimmer of hope in dry bulk market upswing.
- Iraq oil smuggling by ship cut says US
Americans talk up improved success rate in tanker interceptions game.
- Univan inks MSC boxship deal
Hong Kong manager now among top three third party container ship managers in the world.
- Weak tanker results hit Algoma
Canadian owner's ships record fewer operating days in first nine months.
- Hitachi Zosen ups loss forecast
Merger moves for Japanese shipbuilder expected to pile on yet more red ink.
- Hyundai Heavy Industries signs ESSO FPSO
South Korean shipbuilding giant inks second big offshore deal in little over twelve months.
- Hong Kong holds seven
The number of PSC detainees may have fallen, but the list of deficiencies per ship did not.
- Aussie union resorts to fear in FOC campaign
Maritime Union of Australia using spectre of Bali bombings in battle against flags of convenience.
- Chung inaugurates political party
Son of Hyundai group founder launches "National Unity 21", but his popularity has slumped.
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