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| MAY 16, 2002 |
Shipping News
- S'pore's box volumes, bulk cargoes show strong growth
SINGAPORE's port has enjoyed good first quarter growth in bulk cargoes, bunkering and its ship registry, in addition to an impressive 9.1 per cent overall jump in its mainstay container throughput.
- Shipping groups seek to raise rates, bunker surcharges
- Int'l fund to pay 26.1b yen for '97 oil spill off Japan
- Missing oil tanker found
Air and Land Transport
- Air traffic back to normal by Aug, says Boeing exec
AIRLINE passenger traffic is expected to be back to normal levels by August, but airplane sales won't fully recover from the aftermath of the Sept 11 terror attacks until around 2004, Boeing Co executive Nicole Piasecki said on Tuesday.
- Lufthansa Q1 profit doubles to 12m euros
- More punctual flights with fewer people flying
- US Airways to outline restructure to unions
- UPS workers to vote on strike authorisation power for union
- HK air cargo handler's tonnage up 20% in April
- Air China, Asiana may join Star
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| MAY 16, 2002 |
- K Line upgrades Asia/PNW service, adds Yantian call
- Conferences lower surcharges
- Port of LA sees throughput rise
- KN buys 51pc of Mauritius agent Nakufreight
- Singapore launches US$44m fund for maritime business
- Conferences increase BAF
- WTSA expands seasonal recovery action on reefer rates
- Swift invades China
- Hactl throughput up 20pc year-on-year in April
- Star Alliance to bolster membership
- SAS reorganises, suffers Q1 loss, COO quits
- Delta adds codeshare with Alitalia
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| MAY 15, 2002 |
- Bigger loss Lufthansa, but optimism
Lufthansa said first-quarter 2002 losses more than doubled but issued a cautiously optimistic assessment for the full year and said it expected to resume dividend payments. Operating profit rose by 7 million euro in the first quarter of 2001 to 12 million.
- GT Nexus wins big customer
GT Nexus, e-logistics company, announced a contract with The Home Depot in the US, to provide GT Nexus Planning applications for global ocean transportation procurement, rate and contract management, freight optimization and carrier collaboration.
- P&O Nedlloyd and MOL to improve joint service
P&O Nedlloyd and Mitsui O.S.K. Lines announced direct Port Louis calls on their joint Asia/South-Africa/West-Africa service.
- MOL Europe to office to Rotterdam
Mitsui OSK Lines, Ltd. (MOL) has decided to relocate its European liner headquarters from London to Rotterdam, Netherlands effective from 1st August 2002.
- Vopak steps out of Brostroem
In line with earlier announcements to reduce its current 50 per cent shareholding in Brostroem A.B. (Brostroem) Vopak and Brostroem jointly announced that Vopak has successfully divested all of its "B" shareholding in Brostroem.
- Lufthansa resumes NY flight
Starting June 17, Lufthansa is resuming nonstop flights between Düsseldorf and New York's Newark airport.
- Schenker-mother happy with 2002-start
The German Stinnes Group, mother of Schenker, said in the first quarter of 2002 it continued to operate well in its two expanding Transportation and Chemicals Divisions despite economic headwinds.
- SAS sweeps clean after losses
SAS announced the surprise departure of one of its most senior executives as it announced a big first-quarter loss and a sweeping reorganization.
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| MAY 15, 2002 |
- API shows US oil imports unchanged
- African market report from GAC
- Fujairah avails mostly OK, mixed demand
- New posted prices in Ecuador
- Crude oil falls on the back of increased US gas stocks
- Chile market report from PMC
- Fuel oil avails very tight in Suez
- Crude oil rises again, API shows expected fall in stocks
- Saudi posted prices rise
- Rotterdam market report from Marine Bunkering
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| MAY 15, 2002 |
- Ensco to acquire Chiles Offshore
ENSCO International Incorporated and Chiles Offshore Inc. have signed a definitive merger that will see ENSCO will acquire Chiles.
- New technology in oil spill response/recovery vessels
Dolfab, Inc. to serve as the exclusive manufacturer for a line of marine vessels that will be specifically designed to incorporate a new proprietary and "revolutionary" oil spill response and recovery system.
- IMO legal panel ducks "transparency" issue
People who own ships but don't want that fact publicly known can breathe a sigh of relief. IMO's Legal Committee has concluded that, for maritime security purposes, the central or fundamental questions who has effective operational control of the ship.
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| MAY 15, 2002 |
- President Bush signs proclamation designating National Transportation Week
- Teamsters taking vote to authorize UPS strike
- IMO committee lays down rules for determining ship's security provider
- Evergreen Oks agreement to operate Oakland terminal
- GATX Rail crosses border to purchase nearly 3,000 railcars
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| MAY 16, 2002 |
- IMO debates security behind veil of secrecy
IMO apparatchiks have blocked public scrutiny of the debate over the new security regime set to redefine the international maritime industry, throwing out a formal request from Lloyd’s List to attend this week’s 75th session of the Maritime Safety Committee.
- Brussels urged to resist US port terror ‘black list’
EUROPEAN Union governments must resist US attempts to create a ‘black list’ and a ‘white list’ of unsafe and safe export ports, the vice-chairman of the European Sea Ports Organisation has warned.
- Singapore maritime package fails to satisfy lines
THE S$80m (US$44m) maritime cluster fund announced by Singapore on Monday has met with a mixed reaction from shipping lines, which would like to see more.
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| MAY 15, 2002 |
- Controversial port project revived
- USCG pushes for ballast regulations
- A new direction for Cogsa
- Rotterdam to double steel volume
- MAN sees engine orders slump
- Victoria shelves Melbourne plans
- ISM Code needs 'legal teeth'
- MOL moves to cheaper Rotterdam
- Hull sale 'critical' for Incat
- Hyundai MM bounces back
- Carmela inquiry backs charges
- Moscow buys back company stakes
- Yarra dispute 'close to resolution'
- Pilotage independence 'imperative'
- Kvaerner returns to profit
- Box surge cramps Cape Town
- Dubai to seek probe into jobs scam
- Hijacked tanker found in Thailand
- OMI crew admits to dumping cover-up
- Brazil to get tough on cargo thefts
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| MAY 15, 2002 |
- Maersk Sealand, Evergreen in slot agreement for Asia-North America
Two of the world's largest container lines will exchange space on services serving Asia, Canada and the U.S. West and East Coasts.
- Hong Kong urged to open skies or lose competitive edge as Asia hub
The chief executive of a large logistics operator in Hong Kong says the territory must rapidly switch to an open-skies aviation policy or lose ground to Singapore and, over time, to China. Weblog: Germany deflates CargoLifter hopes
- Pacer names former NYK exec Fiori
Dodd W. Fiori, retired chief operating officer and executive vice president of NYK Line North America, has joined Pacer Global Logistics.
- China Post express flap resolved: Report
- Senate deals fast-track bill new blow
- Turnaround for HMM
- Stinnes net down 22.4%
- P&O mulls sale of part of Trans European
- P&O Nedlloyd, MOL add Port Louis call
- Kvaerner turns around in 4Q
- Lufthansa operating profits climb
- MOL moves Europe HQ to Rotterdam
- Another war risk cut for Pakistan
- USPS, Barthco in overseas parcel deal
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| MAY 16, 2002 |
- La valeur ajoutée du port dAnvers a augmenté de 9,2% en 2000
A loccasion de la clôture de lexercice du Forum financier de la région dAnvers, Jan Smets, directeur de la Banque Nationale de Belgique (BNB), a présenté hier à la maison provinciale les résultats actualisés relatifs à limportance économique des ports maritimes flamands, et dAnvers en particulier. Il en ressort que la valeur ajoutée du port scaldien a augmenté en 2000 de 9,2% à près de 6,6 mia. dEUR. Léchevin du port, Delwaide, qui a tenu un discours sur la vision stratégique pour lavenir du port, a déclaré espérer que ces chiffres feront davantage prendre conscience à Bruxelles de limportance des activités portuaires pour léconomie belge. Les quatre ports maritimes flamands ont établi ensemble
un record absolu en termes de valeur ajoutée, atteignant près de 10 mia. dEUR, soit une hausse de 8,1% par rapport à 1999.
- Mise en service dun nouveau quai sur le canal Courtrai-Bossuit
Entreprendre aujourdhui, cest faire partie intégrante de la société, a souligné Boudewijn Vancoillie, le président du conseil dadministration des entreprises Devamix et BSV, mardi à loccasion de linauguration officielle dun nouveau quai de transbordement sur le canal Courtrai-Bossuit à Stasegem. Le nouveau mur de quai fait 120 m de long et dispose dune profondeur deau de 3,5 m.
- La Phase II de la nouvelle Convention TIR est en vigueur
Les amendements adoptés par le Comité de Gestion TIR concernant la Phase II de la Convention TIR sont entrés en vigueur le 12 mai dernier. Cest ce quannonce lAssociation Française du Transport Routier International (AFTRI) dans un communiqué de presse. Lassociation se félicite des améliorations apportées, les opérations TIR étant désormais mieux définies. Une troisième phase de la révision portera notamment sur linformatisation du système TIR.
- La Basse-Saxe persiste dans son projet de super-port à Wilhelmshaven
LEtat de Hambourg la clairement signifié, par lentremise de son ministre des Affaires économiques Gunnar Uldall, et ce sera officialisé dans les prochains jours: pas question de participer au projet de super-port à containers à Wilhelmshaven. Une participation de 20% lui était réservée. Ce refus de participer au financement et aux études de ce grand projet, qui porte sur un investissement de 800 mio. deuros, ne semble cependant pas décourager le Land de Basse-Saxe, qui de concert avec Brême, entend poursuivre.
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| MAY 15, 2002 |
- Petrobras slapped with $8m fine
Petrobras tanker spilled 16,000 liters of crude oil into the ocean on Tuesday.
- Trinity Industries facing lawsuit
Florida Marine Transporters is suing the largest US barge builder over defective vessels.
- CSL Yarra dispute may end Thursday
Canadian Steamship Lines and disgruntled Yarra crew agree to a resolution in principle.
- Dry bulk market seen rebounding
Fearnresearch attributed stronger rates to stable global steel output.
- Weak demand slows down Lakers
US-flagged Great Lakes fleet sees the lowest demand in more than 10 years.
- Malaysian LNG carrier suffers fire
A gas carrier belonging to Malaysia International Shipping Corp could be out of service for a while.
- Settlement eludes Szczecin
Polish prime minister dragged into the fray in hope of solving yard cash crisis.
- Ensco buys over Chiles Offshore
The $578m acquisition will increase Ensco's fleet size by six to 84.
- Durres-Gdansk yard to file for bankruptcy
Loss-making Albanian and Polish joint venture has debts of $3m.
- Sea Containers sinks into the red
Leisure slump hits profits for ferry operator in weakest three months of the year.
- Vopak ditches Brostrom stake
Dutch logistics company follows through with plan to axe shipping interests.
- P&O comes clean on logistics sell-off
UK owner admits part of network may go, despite dismissing earlier reports as "speculative."
- Cost-cutting delivers profit to HMM
Korean giant returns to the black in first quarter after disastrous 2001.
- Missing tanker found abandoned off Thailand
Belize-flagged ship believed to have been taken by pirates boarded by Thai marine police.
- Samsung profit climbs
Korean yard pulls in more orders and slashes costs in first quarter.
- IOS takes over Aker Brattvaag newbuilding
P&O and Farstad joint venture has bought a supply vessel for delivery in December.
- Kvaerner pulls back from the abyss
Revived shipyard and oil services group returns to profit in first quarter.
- MOL ditches London for Rotterdam
Japanese liner giant cites costs, customers and cargo for decision to switch HQ to the European mainland.
- Mitsui yard losses roll on
Japanese yard Mitsui Engineering and Shipbuilding Co hit by falling orderbook.
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