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| JANUARY 16, 2002 |
Shipping News
- SembShip strikes major deal with Norwegian fleet
SEMBAWANG Shipyard yesterday announced that it has clinched a major long-term dry-docking and repair contract from Norway's oldest shipowning company, Tschudi & Eitzen Holding.
- Evergreen to move from S'pore to PTP
- Israel seeks to fully privatise Zim
- Hyundai Merchant to issue 500b won of securities
- ExxonMobil returns to Gibraltar bunker trade
Air and Land Transport
- Delays expected as US airports screen checked baggage
US air travellers can expect some delays starting Friday as carriers begin screening or matching with passengers all checked luggage, the head of the Federal Aviation Administration said.
- Tesna workers to get 5% equity stake in Ansett
- Qantas maintenance staff in Melbourne reject wage plan
- PAL forecasts net loss in Oct/Nov 2001
- Crossair declines to talk about key board meeting
- Log Book
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| JANUARY 16, 2002 |
- Exel acquires China logistics connection in USCL
- Tokyo licence for K&N
- Machinery and electronics top mainland exports to HK
- Rickmers ships Swedish steel to spice islands
- Maersk adds to Australasian service coverage
- Machinery and electronics top China imports from Malaysia
- Republic of Moldova joins IMO
- Surge in December cargo handling at HKIA
- Airbus takes to the sea
- Singapore Airlines reinstates services to Pakistan
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| JANUARY 15, 2002 |
- New European carrier Evergreen
- Final decisive day for Belgian airline
- Exel-contracts from Compaq and Ikon
- Exel acquires Austrian airfreight forwarder
- Integres announces USD 27 million in new funding
- Brussels aims for boost with landing slots
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| JANUARY 16, 2002 |
- Future cargo ships to halve ocean transit times; sleek jet-powered ‘Pentamaran’ designed
- Arab transport officials to discuss establishing shipping line
- Transpacific lines to implement terminal handling charges for cargo from PRC to US
- MOL gains first European booking through GT Nexus
- Maersk Sealand orders up to 10,000-TEU ships
- New York Port celebrates 10 years of all-water route
- Stolt-Nielsen, Jo Tankers in service pact for US-Asia bulk liquid transport
- Lloyd’s sees record business in 2002
- CP Ships & Dannebrog agree to end Nordana acquisition talks
- QE2, Concorde Combo back for 2002
- Ports of Amsterdam witness year of records; transhipments up by 10 pc - Cargo volume up by 5 pc to 67 m tons
- Qingdao Port box handling tops 100 m tons
- Holland America Line details delivery of new ships
- Port of Tanjung Pelepas surpasses 2001 throughput target of 2 m TEUs
- NYK invests in water transportation business
- Rickmers appoints BBA as general agent for UK, Ireland
- Intermodal Transport & Logistics 2002 to be staged in Rotterdam
- OTAL announces 3 appointments
- New rules for ballast water reporting
- "K" Line in pact with Statoil ASA for chartering 2 LNG carriers
- Vietnam to levy terminal handling charge
- GAC Hong Kong launches website
- LINE launches new service to save HK shippers 15 pc trucking cost
- Indian aluminium firms resume exports
- Govt move to staunch swelling soyabean oil import flood
- Gujarat CM sees need for more port facilities
- KPT sets new single-day record in cargo handling
- JN Port poised to cross 1.5-million TEU mark in fiscal 2001-02 - Steaming ahead to become mega hub port
- DIPP may dispense with 7-yr limit on overseas royalty payment for JVs
- Exim Bank sketches out plan to build agri-products export hub in Pune
- Powerlooms seek restoration of 15 pc PEE
- Ficci joins hands with Bahrain EDB
- State govt may announce policy on infrastructure growth by April
- AP to give sops to exporters, plans Vizag SEZ
- Exports register feeble 0.5 pc growth in April-November 2001-02 at $ 29 bn
- ‘Incentive-on-wheel’ for sugar exporters on way
- USDA revises global cotton estimate
- M. Rafeeque Ahmed appointed new FDDI Chairman
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| JANUARY 15, 2002 |
- Congestion clears in Canary Islands
- Poland today
- ULCCs idle in Arab Gulf on reduced oil exports
- European energy prices fall on news of end to Russian fuel oil export limits
- Uruguay: ESTIMAR SA expects more efficient bunkering when new tanker comes into service next week
- Montevideo and Alpha Zone market update
- ABC Atlantic Bunker moves to Canary Islands Special Economic Zone
- GAC Head Office Moves to Jebel Ali
- Bunker prices from Russian ports
- Rotterdam bunker prices fall at last
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| JANUARY 16, 2002 |
- Con-Way starts FTL brokerage
- STB investigates eleven rail projects
- Frans Maas and Tower Group cooperate
- Craiss: new center in Berlin
- Volumes on German inland waterways down
- Pihl & Sohn to modernize Swinoujscie - Szczecin canal
- Delays in construction of Berlin - Hanover link
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| JANUARY 15, 2002 |
- Northrop shakes up shipbuilding
Northrop Grumman has started "more closely aligning" its Ingalls and Avondale operations
- USCG issues new licenses, warns on STCW
The Coast Guard is issuing more secure merchant mariner licenses, but says it faces a backlog of STCW certification applications
- Tonga suspends register
Stunned by the detention of three of its ships, including the weapons ship Karine A, Tonga has suspended operations by its ship registry.
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| JANUARY 16, 2002 |
- Doux is dragged into Restis bond row
Angry bondholders in Victor Restis’ Enterprises Shipholding are undertaking an unprecedented escalation in their battle with the defaulting company by spreading their legal action to one of its trading partners, France’s Doux group.
- Leading P&O shareholder backs merger with Royal Caribbean
A leading shareholder in P&O Princess Cruises said yesterday it would back an agreed merger with Royal Caribbean Cruise Lines unless hostile bidder Carnival Corp made a much better offer.
- Ruttley warns on EU pools rules
VESSEL operators outside the liner trades which are planning to set up pools should not assume that European Union competition rules do not apply to them, warns law firm Clyde & Co.
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| JANUARY 15, 2002 |
- Avoid cash buyers, warn breakers
- Petersburg still tops Russian ports
- Idle boxships characterise 2002
- Stolt sackings hit US offices
- Schubert focuses on security
- HSD ties up with Daihatsu
- Canadian builders' champion resigns
- PNSC on verge of tanker deal
- Belgians break port records
- Evergreen launches Hatsu in UK
- Shareholders push for Simon sale
- Kwangyang to get two general berths
- HHI reviews Asan stake options
- Sabah imposes new navigation rules
- Institutions return to Kværner
- V Ships wins 17 Lasco bulkers
- STX chairman quits
- USN confirms study of AMCV ships
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| JANUARY 15, 2002 |
- No container shipping recovery seen until 2003
A leading industry consultant said in a report that it "does not expect any significant recovery to take place in 2002."
- NYK integrates Americas logistics
The logistics provider has consolidated its logistics operations and divisions in North America and Mexico under a new company, NYK Logistics (Americas), Inc.
- Inttra adds 13th carrier member
A South African line has joined the ocean transportation portal.
- US, Hong Kong to resume air talks
Negotiations slated for later this month in Washington are likely to focus on cargo and, unlike previous sessions, are expected to include carrier representatives.
- Alan Schoedel, former JoC maritime editor, dead at 86
- US, Hong Kong to resume air talks
- Southwest adopts NextJet technology
- Florida ports chief: We need federal help
- DHL names Couttolenc Latin America chief
- Banks OK Sabena successor
- Bulk ship merger collapses
- Indian port projects attract overseas interest
- Marad’s Schubert in Japan for talks
- Stolt-Nielsen Transportation Group cuts 90 jobs
- ACBL expects earnings to soar
- Rail safety training available on the Web
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| JANUARY 16, 2002 |
- Géodis se retire d’United Distribution
L’entreprise de transport française Géodis a l’intention de se défaire de sa filiale britannique United Distribution. La nouvelle ne vient pas entièrement comme une surprise, car United Distribution est depuis sa reprise il y a près de trois ans, lorsqu’elle s’appelait encore United Carriers, déficitaire. Les nombreux problèmes étaient une source de soucis pour Géodis, ce qui a finalement mené à la liquidation de la division britannique.
- Evergreen crée un armement britannique aux ambitions intercontinentales
Après avoir repris l’armement Lloyd Triestino, y avoir transféré de nombreux navires pour lui donner le caractère d’un grand armement désormais engagé dans les trafics Est-Ouest, le groupe Evergreen poursuit sa conquête de l’Europe et vient de créer une filiale européenne à Londres qui sera progressivement appelée à jouer un rôle plus important.
- Stinnes et Seino créentune nouvelle joint-venture
Stinnes AG vient de mettre sur pied une nouvelle joint-venture avec Seino Transportation. En janvier 2000, la filiale Schenker avait déjà conclu un accord de collaboration avec le prestataire de services logistiques japonais, ce qui avait résulté en la création de la joint-venture Schenker-Seino Logistics qui propose des services logistiques intégrés sur le marché japonais. La nouvelle joint-venture entre Stinnes et Seino est axée sur des activités de fret maritime et aérien mondiales.
- Le Salon de l’Auto 2002 de Bruxelles: “QI, QE et Eco”
Le salon international de l’Auto de Bruxelles s’ouvre ce mercredi au Heysel à Bruxelles. Un salon exceptionnel, car c’est celui du centième anniversaire de cette manifestation à Bruxelles. En effet, c’est en 1902 que se tenait la première exposition automobile, au Parc du Centenaire, avec 82 exposants. Le hall était à l’époque trop grand pour cette manifestation. Aujourd’hui, le salon s’étend sur 80.000 m2 et attire plus de 750.000 visiteurs. Cette année, plus encore que par le passé, l’auto semble échapper aux tracas économiques. Le salon 2002 est en effet celui des autos et des moteurs intelligents, des voitures passions et des technologies de réduction de la pollution. QI, QE et Eco.
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| JANUARY 15, 2002 |
- November Suez Canal revenue slips
Revenues at the strategic waterway sink 5% year-on-year as traffic numbers decline as well.
- ACLN share price sinks to new low
The stock fell by more than $1 from the opening trade to $5.43.
- USCG introduces new mariner licenses
The new certificates are printed with anti-counterfeiting technology.
- Tanker Pacific dumps LNG newbuilding
Ofer Group has ended its brief flirtation with the LNG sector before it even started.
- Weak cash flow hits Millenium Seacarriers
Falling fleet value and continued losses exacerbated the company's financial problems.
- Navy unlikely to take over Project America
Cost of converting the partially finished cruise ships may not make economic sense.
- Bondholders turn screw on Restis
Court action launched in France alleging undervalued ship sales by Victor Restis' Enterprises Shipholding.
- Wal-Mart goes cruising
Pick up a cheap Carnival cruise along with some cut-price jeans and a discount toaster.
- Northrop shipbuilding in consolidation mode
The Ship Systems sector will bid for all future shipbuilding contracts.
- Lucky number 13 for INTTRA
DAL Deutsche Afrika-Linien is the thirteenth carrier to sign up with web-based container portal.
- Stolt-Nielsen to decimate staff
Bid to save $10m and improve shareholder returns will cost 90 jobs.
- Ilias bulker was "unseaworthy"
A report has condemned the condition of a vessel belonging to a Greek owner that sank 16 months ago.
- Noble Denton chief dies
Motor cycling managing director Tony Stafford killed in Singapore road accident.
- UECC wins military contract
Norwegian forces may go to war in a car carrier but it won't make the owners rich.
- Heung-A lines up Chinese move
Korean liner player wants to open new car ferry route to China.
- RasGas LNG bid field narrows
Two favourites emerge in the stakes for LNG newbuilding tender, while others are opting out.
- Carnival told to put up or shut up
P&O Princess bankers warn that only three days left for rival bid.
- T&E and Sembawang ink repair agreement
Norwegian ship manager in long-term contract to put repair work Singapore yards way.
- Orderbook static at Chantiers
French industrial group Alstom saw orders fall in first nine months due to yard unit working at full capacity.
- Rocca speaks out against allegations
Ousted boss of Kingston Marine issues his side of the story and offers help to affected parties.
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