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| APRIL 9, 2002 |
Shipping News
- Marine industry urged to promote technology
SINGAPORE must accelerate efforts to make its booming marine industry less 'dirty, dangerous and demanding' and focus training on technology and management in order to keep it alive with local talent, one educator says.
- Laborious work likely to move overseas
- Belfast celebrates its Titanic accomplishment
Air and Land Transport
- Study finds US airline service improving
CONSUMER complaints against US airlines dropped 29 per cent last year, from the previous year, as major carriers improved punctuality and lost fewer bags, a new study yesterday showed.
- United workers want to prepare for strike
- Boeing, unions meeting ahead of contract talks
- Qantas offers 3% pay rise for 5,500 workers
- Pilot body complains about Cathay to ILO
- Log Book
Features
- Legal tussles threaten Antwerp's expansion
WHILE the green light has been given for Antwerp Port's controversial Deurganck Dock expansion project to continue, a cloud of litigation continues to threaten its future.
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| APRIL 9, 2002 |
- K Line expands in north Africa
- MOL revises business forecast
- RailAmerica sells Georgia Railroad
- GeoLogistics adds to sales team
- UPS opens intra-Asia hub at old Clark base in Philippines
- Robust export trade boosts Macau air cargo traffic
- IATA appoints O'Connor as new corporate secretary
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| APRIL 8, 2002 |
- Mont Blanc tunnel reopened for trucks
Trucks, but only small-sized, were allowed in the Mont Blanc tunnel Monday, after a three years closing period of this most important connection between France and Italy.
- AMR and Finnair apply for antitrust immunity
American Airlines and Finnair have filed with the U.S. Department of Transportation (DOT) for antitrust immunity.
- Kuwait to stay DaimlerChrysler stakeholder
The country of Kuwait, the second largest stakeholder in DaimlerChrysler AG, plans to keep its 7 per cent share in the company.
- UK rail costs enourmous amount
Keeping Railtrack in administration is costing the UK taxpayer $1.1 million a week.
- Maersk hopes for better rates
Maersk Sealand said in its annual report it's expecting the rise of global Teu rates in 2002.
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| APRIL 9, 2002 |
- Electronics exports soar by 37 pc in 11 months of 2001-02
- Kandla Port Trust emerges No. 2 in traffic handling - Handles 37.72 million tonnes in 2001-02
- Chennai box terminal sets new record in March
- P. D. Rathi felicitates Bongirwar - ...assures all help to boost ports’ productivity
- Forex reserves surge by a whopping $ 1,128 million the biggest-ever accretion in a week
- Ascon study finds revival signs in some sectors
- Higher investment in food processing sector mooted
- Italy offers to share its successful experiences of disinvestment with India
- States told to gear up for 220 million t. foodgrains production in 2002-03
- Overseas demand for cotton yarn, fabrics recovering
- Accenture study cites manufacturing as key to achieving 11 pc growth rate
- India, Thailand, Myanmar to build trilateral "highway of opportunity"
- Rudy: Exports may pick up from October
- IMC engagements
- DGFT website proves a boon for exporters
- Nation celebrates Maritime Day with fervour - Lifetime, bravery and academic awards presented
- Level playing field, clear-cut policy measures sought
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| APRIL 8, 2002 |
- Quiet start to the week in US Gulf, markets firm
- Busy morning in New York and Philadelphia
- Panama opens quiet
- Arab Gulf price indications heading higher with crude after flat cargo market
- Surprising bunker prices fall in Singapore today, solid rise expected tomorrow
- Korea opens steady, price increase expected tomorrow
- Iraq halts oil exports
- Norway and Russia may increase output if oil prices rise further
- Oil firms again on precarious Middle East situation, Venezuela oil worker strike
- Rotterdam morning market report
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| APRIL 8, 2002 |
- Excellent results for the Panalpina Group
- D&L Cargo container train
- Road traffic in Italy rising
- Rinnen trucks with DATAfleet
- FSM between Middle East and GB
- New intermodal terminal for Valladolid
- U-Freight: new Hong Kong subsidiary
- Fruit juice in Flexi tanks
- Zim in Shanghai
- APL wins Cargonews Asia award
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| APRIL 8, 2002 |
- USCG and Hawaii use web solution to boost maritime security
The Coast Guard and the State of Hawaii are to use a centralized, "one-stop shopping" Internet-based system to simultaneously improve port safety and security, maritime commerce efficiencies, and maritime domain awareness.
- LR warns: Coast Guard cracking down on MARPOL compliance
ILloyd's Register warns shipowners trading in U.S waters that, addition to routine port state control inspections, the U.S. Coast Guard is focusing heavily on the proper usage of the oily water separator.
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| APRIL 8, 2002 |
- Wind turbine manufacturer looks at move to Portland
- Stelmar Shipping selling stock to fund purchase of four tankers
- Washington State Ferries wants to settle class action suit
- Port and City of Astoria considering Urban Renewal District
- Transport Secretary honors rail employees for acts of heroism in saving child
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| APRIL 9, 2002 |
- What on earth is the World doing in London?
THE world’s first residential cruiseship, ResidenSea’s $350m The World, paid a brief visit to London yesterday as part of its preliminary itinerary.
- Iraq turns the screws on suffering tanker owners
H ard-pressed tanker owners were facing further downward pressure on freight rates following Iraq’s decision to suspend oil exports and supply disruptions in Venezuela as a result of industrial action.
- Syndicate 282 to top Lloyd’s league table
UPSETTING all the trends, a marine venture is set to capture the honour of being most profitable syndicate at Lloyd’s when results for the latest full year available are published in the next few days.
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| APRIL 8, 2002 |
- Korea not hit by Iraq oil embargo
- MOL steps up presence in Chile
- Venezuela oil shipments affected
- Delhi opposes SCI's VL purchase
- Jiangsu shipyards to be upgraded
- NZ ferry plan gains momentum
- Joint focus on sub-standard ships
- Tanker association disbanded
- Cruise ships return to India
- Scandlines 'to be pulled apart'
- Venezuela oil shipments in doubt
- Grecia Express sails back to court
- Thailand seeks China agreement
- Canberra tightens imports probe
- ABP and 3i bid for Simon
- Hanjin eyes car shipments
- GdF signs up for Omani LNG
- BLG takes half of Harms
- India to build port in Indonesia
- Shippers appoints new head
- HDW workers walk out
- Ferrostaal buys into HDW
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| APRIL 8, 2002 |
- Will Iraq embargo spur tanker rally?
Supertanker owners are counting on panic buying in the U.S. to pull freight rates out of a seven-year low.
- Deutsche Post earnings rise
Net profit at Deutsche Post World Net gained 4.3% to around $1.4 billion.
- OOCL, Wan Hai enhance China-Mideast service
- Fuel charge for KLM Cargo
- Malaysia port upgrades for growth
- Indian dockworkers set strike date
- AAEI begins focused assessment seminars
- Hapag-Lloyd christens ship
- Mitsubishi selects GT Nexus network package
- Corpus Christi wants $3.5M TSA grant
- Winn appointed to board of Schenker Deutschland
- Gibson named chairman of Cargo 2000
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| APRIL 9, 2002 |
- Le marché belge du camion a fortement reculé au premier trimestre
Comme prévu la vente de camions ne se porte pas très bien en Belgique. Cela est dû à la baisse de la conjoncture, mais également aux chiffres de vente de l’année dernière, qui jusqu’à la fin de l’année étaient restés particulièrement élevés. Dans le secteur des porteurs, la baisse des immatriculations au cours des trois premiers mois de 2002 n’est pas tellement grave (-12,48%), mais dans celui des tracteurs la diminution est particulièrement prononcée (-28,06%). Remarquable dans ce contexte est que surtout Volvo et Iveco ont essuyé pas mal de revers... et que DAF a réussi à vendre plus et à devenir le n°1 dans le segment des tracteurs.
- Liner Est-Ouest: un vent de reprise?
Un vent de reprise semble se manifester dans le secteur du liner containérisé Est-Ouest. Il y a effectivement un certain regain de volumes, les navires opérant à pleine charge dans les deux sens, qu’il s’agisse du trafic Europe-Asie ou du transpacifique. Vu la forte réduction de la capacité, soit 20%, un rééquilibrage s’est effectué entre offre et demande, le balancier penchant légèrement vers la demande Toutefois, il est intéressant de souligner que la progression du trafic se situe surtout au départ de la Chine et ce tant vers l’Europe que vers les Etats-Unis. Et cette situation est également vraie pour les transporteurs aériens, des compagnies aériennes étant dans l’obligation d’aligner des avions supplémentaires.
- Deutsche Post établit un nouveau record
Alors que les entreprises postales européennes telles que Consignia, la Poste et la poste danoise ont enregistré des pertes en 2001, Deutsche Post World Net a amélioré ses chiffres de rentabilité par rapport à l’année précédente. Le chiffre d’affaires du groupe postal allemand a progressé de 2,1% à 33,4 mia. d’EUR, alors que le bénéfice d’exploitation a augmenté de 7,3% à 2,6 mia. d’EUR. Le bénéfice net a progressé l’an dernier de 4% à 1,6 mia. d’EUR. S’agissant des segments, surtout les divisions Express et Logistics ont été très performantes. Pour 2002, Deutsche Post World Net compte sur une poursuite de la croissance du chiffre d’affaires jusqu’à 41 mia. d’EUR, de sorte que l’entreprise s’approche
cette année encore plus de son objectif ultime, à savoir devenir le principal prestataire de services logistiques intégrés de par le monde.
- Le port de refuge doit continuer à supporter le risque du navire en difficulté
Le Parlement européen abordera ajourd’hui l’avis de sa commission de transport sur une série de propositions de directives de la Commission européenne visant à accroître la sécurité en mer. Ces propositions - mieux connues sous le nom de “paquet Erika II” - ont fait l’objet de longues négociations entre la commission de transport du Parlement et la CE et le Conseil, le parlementaire belge Dirk Sterckx ayant joué un rôle important dans ces discussions. Il a formulé un rapport sur le compromis conclu avec le conseil. Si le Parlement approuve demain après-midi l’avis de sa commission de transport, il y a de fortes chances que la directive deviendra effective. Le Conseil a naturellement le dernier mot, mais la présidence espagnole est disposée
à défendre devant le Conseil le compromis conclu.
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| APRIL 8, 2002 |
- Unigas pool grows
Netherlands-based outfit to buy 11 Tarquin gas carriers plus contract business.
- Stelmar doubles income
Expanding tanker fleet delivers improved result despite fall in charter rates.
- Market unimpressed by Iraqi crude halt
Depressed tanker market unmoved by political sabre rattlings on shipment stoppages.
- Stelios making quick bucks
Stelmar and easyJet chief has one of the fastest growing UK fortunes.
- Tankers halted by Venezuelan strike
Fresh chaos looms for aframax Caribbean trades as shipments stopped and vessels sit idle.
- Good times roll for Skaugen
Key US lightering business continues to deliver through tanker downturn.
- SPT targets growth
Skaugen believes it can beat off challenge from merged American Eagle - MTL Petrolink operation.
- Sakhalin Shipping shares delisted
Sparsely traded stock of Russian owner has bitten the dust.
- Containership order cull could continue
Boxship broker says 10 newbuilding orders cancelled more may follow but market may have bottomed.
- Viken doubles profit
Bergen based owner reaps benefit of fleet expansion programme.
- MBC sees profit slide
Kwok Group company Malaysian Bulk Carriers fails to meet forecasts.
- Stampede for Cosco shares
Guangzhou owner Cosco Shipping Co hits fundraising target with Shanghai listing.
- Sulser takes over at Massoel
Yves Gouzer quits Swiss bulker owner, as former Acomarit chairman Giorgio Sulser steps in.
- Hanjin eyes up car carrier potential
But Korean owner says it is not ready to make any moves yet.
- Jacob owns up to suezmax buy
German owner snaps up tanker from OMI for $50m with time-charter back.
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