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| MARCH 15, 2002 |
Shipping News
- Underwriters blamed for war surcharge row
SOME marine underwriters are being 'difficult' by resisting calls by the Joint War Risks Committee of international underwriters to withdraw additional war risk premiums for vessel calls at Colombo, said a senior Sri Lanka Ports Authority official.
- S'pore port, PSA bag best in Asia awards
- Chuan Hup unit wins boat deal
Air and Land Transport
- KAL, Delta Air set to expand marketing pact
KOREAN Air and Delta Air Lines plan to expand their alliance after jointly applying to US authorities for anti-trust immunity, KAL said yesterday.
- Sydney Airports' profit tripled to A$44m in H1
- Hooligans beware 'Sky Guards' during World Cup
- Express rail to link Vienna's city to airport on the way
- S Korea unveils own bullet train model
- Log Book
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| MARCH 15, 2002 |
- Chamber signs on with NSG
- Schriwer new director at Columbus Line
- Yingkou upgrades port facilities
- Future looking bright for Port of Los Angeles
- Patrick invests in Virgin Blue
- Alitalia to begin code share with Delta Air Lines
- ACI promotes Aaronson
- Mexico traffic declines
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| MARCH 14, 2002 |
- Big order KLM expected
- P&O Nedlloyd's revises North-South service
- French highways valued at 5.1 to 5.75 billion
- Operators struggle with Eurotunnel cargo
- KLM Cargo resumes shipments of valuables at Johannesburg
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| MARCH 15, 2002 |
- 3 lines combine two USEC services into one pendulum
- Kazakh sea port cargo shipment up by over 30 pc
- LauritzenCool, two others in reefer venture
- Ecu-Line adds service to China
- LT adds track and trace
- Penang Port to get new cranes
- Trans-Atlantic rates to go up
- "K" Line acquires ISO 14001 for EMS
- 2 new ports to be built in Philippines
- Oman plans $ 200-m Salalah port expansion
- New Director for TT Club’s e-com initiatives
- MISC eyes Bintulu Port’s stake
- Malaysia projects box traffic to rise by 30 pc
- Port Klang installs machine to scan containers - Sequel to September 11 attacks on US...
- Safmarine adds stack dates for online customers
- PSA Group continues with strong growth for February
- Muara port gets Philippine boost
- Bangladesh box traffic moves up by 9 pc in 2001
- African maritime expo postponed
- EMA, MRA & Ewata to introduce new rate restorations
- MPA chief to head IMO Council
- Multiport accepts 6 new members
- New container vessel delivered to Zim
- PSA tempts Evergreen to stay on with lower charges
- Hanjin Shipping introduces 4,500-TEU vessel to CEX service lineup
- Maersk Sealand to start Kingston calls
- MoS may take up case for lower import duty on mobile harbour cranes
- M&S Logistics in strategic alliance with Container Carriers
- Spice oil, oleoresins emerge top export earners
- MoS studying CSL expansion plan
- New container handling record set at Kandla Port on m.v. Astor
- Vizag Port sets record in iron ore handling
- APSWC to set up base in Vizag Porte
- Rs 400-cr mango export target fixed
- QRs on more tariff lines set to be dismantled
- DGFT exhorts states to frame export policies
- RBI rules out interest on EEFC balances
- Subsidised rice exports now yielding results
- World Bank report sees Indian exports recovery after mid-2002
- Clearing Corp. to offer cheaper on-line forex trading platform
- APSTC pharma exports set to exceed Rs 300 cr.
- Tax incentives at greenfield airports under govt’s consideration
- Exporter-friendly Exim Policy coming, assures Maran
- KASEZ celebrates 37th anniversary
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| MARCH 14, 2002 |
- OPEC supports no change in quotas, oil drifts lower, then higher
- US Gulf markets open quiet
- Avails tighten amid good demand in St. Eustatius
- Mixed market in Panama
- Conflicting bunker market outlooks from Japan
- ARA prices firmer this afternoon
- Genoa avails better despite one supplier out of fuel oil, normal Malta market
- Firmer market in Gibraltar
- Piraeus market active, sluggish demand in unusually competitive Istanbul
- Baltic market reports
- Increased buying interest in the Great Belt
- Singapore spot prices not fully in line with volatile cargo market
- Korean market softens a little, supply halted at Inchon
- Aggressive selling in Hong Kong today, Taiwan steady after price jump
- Rotterdam opens steady
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| MARCH 15, 2002 |
- UIA extends contract with Pace
- Aero Cargo International in Zurich and Basel
- Gruber now also in Munich
- Port of Trieste: positive 2001
- ALL acquires DeLara Brasil
- ÖBB builds terminal in San Stino
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| MARCH 14, 2002 |
- Alstom rethinks ship financing role
As part of a "restore value" plan , Alstom says it will progressively eliminate all vendor-financing of shipbuilding contracts.
- FGH to reorganize offshore and Halter components
Friede Goldman Halter, Inc. yesterday announced its decision to file a joint plan to reorganize Friede Goldman Offshore (FGO) and Halter Marine, Inc. (HMI) under Chapter 11 of the Bankruptcy code.
- New floating dock at work in Thailand
Unithai Shipyard and Engineering Ltd., a member of the Thailand's Unithai Group has commissioned its second floating dry dock
- Forest products carriers join forces
Leif Höegh & Co Shipping AS (LHS) and Saga Forest Carriers will join forces as from May 1, 2002 within the worldwide open hatch shipping segment.
- BV sorts out box ship shafting problem
Classification society Bureau Veritas has provided specialist expertise to help Korea's Hyundai Heavy Industries resolve propeller shaft problems on a series of 7,200 TEU mega containerships
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| MARCH 14, 2002 |
- Pacific Maritime Association hoping for new productivity programs with ILWU
- Corps releases water over spillway to help salmon through Bonneville Dam
- Portland Airport concessions win four honors in 2002 poll
- Port of Seattle buying gear to boost Sea-Tac Airport security
- Crew of Coast Guard cutter ALERT helps spruce up Mexican orphanage
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| MARCH 15, 2002 |
- La resurrezione delle crociere
Il Mediterraneo occidentale compensa il calo del Medio Oriente
- Venezia vuole lanciare il polo dei mega-yacht
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| MARCH 15, 2002 |
- Spanish minister sees clear skies ahead for Galileo
SPAIN’s minister for internal development, Francisco Alvarez-Cascos, has given a clear indication of a likely breakthrough in the diplomatic wrangling that has blocked development of the Galileo satellite program.
- Gard licks London for Evergreen hull cover
NORWAY has trumped the London marine insurance market by grabbing much of the hull and machinery cover for around 100 ships in one of the world’s biggest and most prestigious fleets, Evergreen.
- Japanese owners find ESP wanting
JAPANESE owners have called for further research on maintenance and corrosion prevention on bulk carriers and suggested that the present Enhanced Survey Programme is a flawed method of judging the condition of a ship.
- Alstom ups cruise debt provisions
TRANSPORT and energy equipment group, Alstom, announced yesterday that it was lifting to E 200m ($175m) its provisions for risks associated with supplier credits provided for vessels built by its shipbuilding subsidiary, Chantiers de l’Atlantique, writes Andrew Spurrier in Paris.
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| MARCH 14, 2002 |
- Brazilian law could end cruising
- FMC probes Chinese shipping law
- Dealing continues at Suape
- FGH units to operate separately
- Argentina wants cruise boost
- Political grudge hits Cuban tanker
- New Norwegian owner orders nine
- Hellenic safe with HDW
- Cruise chief gives war warning
- HDW to sack contractors
- Korea set to hike cargo fee
- BASS and IMTC clinch IT deal
- Korea-China rates go up
- Inchon may go duty-free
- Dredger crew search called off
- New Thai terminal for HPH?
- India mulls CSL growth plan
- Dutch to further develop Vlissingen
- SeaFrance bounces back
- Hana Energy enters LPG scene
- Room at the top after Piraeus spat
- HMM to recall former chief Chung
- Australia-Japan chip trade starts
- Search continues for missing crew
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| MARCH 14, 2002 |
- Modest container ship rate recovery
But there are questions as to whether the upturn is sustainable in a depressed market, a U.S. charter broker said. • Evergreen: New service to South America
- Industry, Coast Guard offer mixed messages at House security hearing
The key to preventing box tampering by terrorists continues to be elusive, a House transportation subcommittee found.
- At NCBFAA meeting
Bonner: Customs, brokers in agreement to target box shipments The agency and the trade group will work together to pre-screen shipments before they leave foreign ports.
- Friede Goldman Halter to reorganize
- Höegh, Saga in forest products consolidation
- U.S. Marine Repair files for IPO
- USDA launches online export directory
- Cargo volume slides at NY area airports
- KLM resumes shipments of valuable cargo at Johannesburg
- ICTSI hits Brazil labor snag
- French police will try to restart Chunnel box traffic
- Air cargo alliance rebrands, expands shared products
- Sri Lanka accuses carriers of ignoring insurers' decision
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| MARCH 15, 2002 |
- Le bénéfice net d’Exel enregistre une forte hausse
Le groupe d’expédition et de logistique Exel a vu progresser l’an dernier son bénéfice à 98,7 millions d’USD, contre 28,2 mio. d’USD un an plus tôt. Exel explique cette forte croissance du bénéfice par le grand nombre de nouveaux contrats qu’il a réussi à conclure. L’entreprise britannique a l’intention d’agrandir cette année encore son marché en matière de logistique de contrat.
- New Global Cargo lance un produit unifié pour le ‘general cargo’
New Global Cargo, l’alliance des divisions fret de Lufthansa, SAS et Singapore Airlines, va lancer un produit ‘general cargo’ commun sous le dénominateur Seamless General Cargo le 1er avril prochain. Le nouveau nom de marque de NGC, à savoir “WOW”, sera par la même occasion introduit.
- Veut-on la mort du trafic fret via le tunnel sous la Manche?
“La France, la Grande-Bretagne et l’Union européenne dans son ensemble se sont prononcées en faveur des modes de transport durables alternatifs au transport tout route, parmi lesquels le transport combiné rail/route. Or, si rien n’est fait au plus vite, c’est tout le trafic ferroviaire (fret) à travers le tunnel sous la Manche qui est menacé et le transport combiné rail/route n’existera plus sur cet axe.” La SNCF a fait savoir hier jeudi à EWS que tous les services sont suspendus jusqu’à nouvel ordre...
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| MARCH 14, 2002 |
- Belfast shipyard may face closure
Financially troubled Harland and Wolff sent a restructuring proposal to the British government Thursday.
- AAPA appeals for funds
The US port security grants allocated by the government are grossly insufficient.
- Hoegh signs with Saga
Forest products consolidation takes a step forward as fleets merge.
- Charles Taylor tunes into ports
Wavelength offers $100m insurance deal to ports and terminals.
- FGH to lift Halter Marine from bankruptcy
Friede Goldman Halter will file an internal reorganisation plan for its marine and offshore segments.
- Alstom plans rights issue
End to yard financing targeted after Renaissance cruise debt disaster.
- Draxl rapped over near miss
German boxship manager criticised by UK for not having proper lookout off Cornwall.
- Stena gets rating boost
The stable credit rating is supported by Stena Line's robust performance.
- Varna interest lines up
Receivers for Bulgarian yard detail parties but say only two are serious bidders.
- Boluda moves for former Cammell yard
Unions claim Spanish shipping group has launched an official takeover bid for French shiprepairer CMR.
- Wyser-Pratte fights HDW share sale
Investor Guy Wyser-Pratte wants Babcock Borsig to allow shareholders to vote on sale of 25% of German yard.
- DFDS sells passengership
Danish owner presses ahead with fleet renewal efforts but delays on new Polish route start up.
- Szczecin extends talks with bankers
Crisis deepens at Polish yard teetering on the edge of bankruptcy as workers laid off for third week.
- Winter of discontent for Irish Continental
Ferry group realigns tax year with 14-month results, but weak November-December cuts profit to below 12-month level.
- EMAS Offshore hints at fresh growth
Expanding Singapore operator eyes further tonnage.
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