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| MAY 14, 2002 |
Shipping News
- Dedicated terminals an option, House told
PSA reviewing strategy, but price is not everything when competing, says Minister
Dedicated berths at PSA Corporation terminals in Singapore are being considered as a serious option it was revealed yesterday in Parliament by Transport Minister Yeo Cheow Tong, who also said PSA is now reviewing its competitive strategy.
- MPA sets up $80m fund to boost shipping
- Industry group accuses NZ ports of captive pricing
- Much done, much to do
Air and Land Transport
- S'pore will push to maintain air hub status: Cheow Tong
COMPETITION for airport traffic will intensify, but Singapore will improve air links, services and local business and tourism demand to maintain its regional air hub status, Transport Minister Yeo Cheow Tong told Parliament yesterday.
- Korean Air back in the black in first quarter
- JAL to get 30b yen rebate from Boeing
- Alitalia slashes losses by half
- Search teams close in on missing flight recorders
- Log Book
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| MAY 14, 2002 |
- Mainline operators restructure transatlantic services
- Coscol acquires international shipment licence
- Port of Tanjung Pelepas set to clinch world ranking status
- Deadline looming for seamen
- HK airport sees April cargo volume rise
- BAs' April figures still low
- World Airways promotes three members of senior staff
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| MAY 13, 2002 |
- P&O to sell logistics
British transport group P&O is to sell its Trans European logistics business, after a strategic review concluded it is not able to compete with global rivals. P&O Trans European could fetch about $200 million.
- US Airways seeks talks with unions
US Airways is set to call for big concessions from labour unions this week as it rushes to forge a comprehensive restructuring that would keep it out of bankruptcy.
- Taiwan hopes for China routes
Taiwan's president Chen Shui-bian said he might allow private groups like airlines and shipping companies to negotiate with Beijing about opening trade and transport links.
- MOL office in Oman
Mitsui O.S.K. Lines (MOL) opened its new office in Muscat, the capital of the Sultanate of Oman.
- Loss for Atlas, Polar 'solid'
Atlas Air reported a first quarter 2002 loss of $6.7 million, or $0.17 per share, for the period ended March 31, 2002, compared to a $1.6 million loss, or $.04 a share, in the same period of 2001.
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| MAY 13, 2002 |
- Crude oil falls as Israel delays retaliation
- Brazil bunker prices steady
- Panama Canal security charges
- OPEC and non-OPEC producers to meet in Vienna in June
- Chile market report from PMC
- Rotterdam market report from Marine Bunkering
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| MAY 13, 2002 |
- MOL opens new office in Muscat, Oman
- Evergreen and Uniglory report a rise in profits and a decline in revenues
- AMI appoints new general manager commercial
- CargoLifter and Aviaexport/Aviaholding Sign Letter of Intent at ILA 2002
- Sea Star takes over Navieras
- Tibbett & Britten wins '4pl' European transport contract with Levi Strauss & Co
- Coscon, "K" LINE and Yang Ming restructure Trans-Atlantic services
- Inland shipping freight market, week 16, 15th/19th April, 2002
- Inland shipping freight market, week 17, 22nd/26th May, 2002
- Inland shipping freight market, week 18, 29th April/3rd May, 2002
- Davies Turner pushes on with Phase II Distribution Centre at Dartford
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| MAY 13, 2002 |
- Strong security focus at IMO MSC meeting
IMO's Maritime Safety Committee (MSC) meets in London 15 to 24 May.
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| MAY 14, 2002 |
- Maersk Delta to deal ECT box blow
AP MøLLER’S Rotterdam terminal is poised to snatch a prize contract from rival Hutchison Port Holdings-owned stevedore Europe Combined Terminals.
- Carnival stands by Cunard with big UK cruise drive
MICKY Arison has effectively scotched speculation that Carnival Corp would be prepared to sell Cunard Line as part of the regulatory price for taking over P&O Princess.
- P&O logistics arm up for grabs at £150m
P&O is testing the market for an estimated £150m ($217m) sell-off of its European contract logistics and unit load division.
- Australia presses China for $13bn LNG contract
AUSTRALIAN prime minister John Howard will urge China to award his country a US$13bn contract to supply liquefied natural gas when he visits Beijing this month, writes Sam Chambers.
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| MAY 13, 2002 |
- SA urged to let in 'distress' ships
- USCG mum on stowaway report
- ISM principles 'tested and failed'
- Vajpayee assures Indian unions
- Battle over Petersburg stevedore
- US ports 'need tighter security'
- Dubai finally launches docks probe
- Stricken VL under tow for Singapore
- Builders line up for Lanka refinery
- Lukoil to build Baltic oil terminal
- China to punish surveyors' mistakes
- Hutchison in Qingdao talks
- Singapore in $44M boost to maritime
- Tille shipyard sold to managers
- Laem Chabang to float box bids
- Belgian port co-operation sluggish
- Bourbon bulk upbeat for future
- Malaysia backs Kra canal project
- Crew licences spark diplomatic row
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| MAY 13, 2002 |
- Feds: Islamic extremists entered U.S. at Miami, Long Beach and Savannah
Since March, more than two dozen Islamic extremists have illegally entered the U.S as stowaways on cargo ships, according to a published report.
- TSA discriminating against OTIs?
Two trade groups accuse carriers in the Transpacific Stabilization Agreement of service contract practices that discriminate against ocean transportation intermediaries.
- Teamsters, UPS resume negotiations
- Evergreen Transport to acquire Uniglory
- Home Depot signs with GT Nexus
- P&O denies plan to sell trucking/logistics business
- Philly yard gets boxship orders
- Tougher safety regs for new motor carriers
- Team Worldwide opens Canada unit
- Pakistan port to cut tariffs
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| MAY 14, 2002 |
- La branche “transport” de Bils Deroo en redressement judiciaire
Le groupe français Bils Deroo (dont le siège est à Waziers dans le Nord) traversse une période très difficile. Son pôle de transport, qui compte quatre sociétés, vient d’être mis en redressement judiciaire sur décision du Tribunal de Commerce de Douai (Nord). Néanmoins, cette mesure ne remet pas en cause la continuité des services apportés aux clients. Toujours contrôlé financièrement par les descendants des fondateurs (les familles Bils et Deroo), ce groupe est un bon exemple d’entreprise régionale ayant connu - en particulier ces dix dernières années - un très fort développement accompagné d’une diversification tant technique que géographique. Les problèmes sont essentiellement liés à un manque de liquidités.
- “Notre préoccupation immédiate et de développer les trafics à Anvers”
Le groupe PSA Corp fait désormais partie intégrante du paysage portuaire belge. Anvers n’est évidemment qu’une étape dans cette conquête du marché européen de la manutention dans laquelle il s’est engagé. Il dispose d’un terminal à Voltri, d’un autre à Venise, et mettra en service un terminal à Sines (Portugal) dans le courant du deuxième trimestre de 2003. Au cours des 5 dernières années un milliard de dollars de Singapour ont été investis localement et à l’étranger. Il va sans dire qu’avec la Hesse Noord Natie, le groupe se taille une position de force dans cette rangée des ports du Nord, plus particulièrement au Benelux. Quelles seront les prochaines étapes en Europe?
- P&O voudrait se défaire de sa division logistique
Le groupe portuaire, maritime et logistique britannique P&O espère trouver un repreneur pour P&O Trans European, sa division logistique européenne. C’est ce qu’écrit le Financial Times. Selon le quotidien britannique, le groupe a décidé de se défaire de cette branche suite à une évaluation stratégique des diverses activités. Cette étude aurait démontré que la branche logistique n’est pas assez grande pour faire face à la venue de rivaux opérant à une échalle globale.
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| MAY 13, 2002 |
- NYK bolsters China ports coverage
Japanese liner giant adds three ports to Japan Bangkok service.
- CSL Yarra crew facing eviction
The Australian Supreme Court will consider Canada Steamship Lines' eviction notice application.
- Canada Marine Officers' Union ends strike
The 150-member union accepted a new five-year contract from Great Lakes fleet operators on Monday.
- California likely to exempt bunker tax
The Assembly Appropriation Committee may approve the bill by June.
- KOTC extends order plans
Two VLCCs added to shopping list for five products tankers.
- Hornbeck-Leevac lifts net income
The New Orleans-based offshore supply shipowner saw higher day rates in the first quarter.
- Alarm caused engine shutdown on ro-ro ship
UK-flagged Finnreel grounded leaving port after lifting of Finnish union blockade.
- US West Coast port labour talks to begin Tuesday
Failure to reach new agreement may lead to work slow or strike at the ports.
- D'Amico keeps eye on Lasco sell-off
But Italian owner's advisor not revealing whether it will buy shares in Latvian company at auction.
- Preussag to mop up rest of Hapag-Lloyd
Travel group paying well over the odds to own 100% of container line and cruise business.
- Nine dead many missing as ferry capsizes
Thirty three plucked from water by navy vessel but 47 are unaccounted for.
- CMB hoping to break even in 2002
Belgian shipowner has seen signs of improvement at bulker unit Bocimar.
- P&O plays down sell off report
Talk of disposal of European logistics business portrayed as "speculative."
- Ceres clears out another ULCC
China pays high price for large and aframax tanker tonnage.
- Singapore pumps cash into boxship concessions
Island state splashes out in bid to tackle increased port and marine industry competition.
- Riga Transport Fleet creeps into profit
Greek-controlled Latvian reefer owner returned to the black in 2001.
- STX Shipbuilding launches IPO
New Daedong owners look to take company public and raise $70m from partial share issue.
- Tidewater orders at Bollinger
World's largest offshore vessel operator has inked contracts for a further four ships.
- Holloway quits as FGH chairman
More top brass at bankrupt US shipbuilder and offshore engineer exit stage left.
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