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| JULY 17, 2002 |
Shipping News
- Southern China ports see 20% growth this year
DRIVEN by China's soaring export growth, container traffic at southern China's booming Shenzhen ports is expected to rise by 20 per cent this year to six million units, exceeding previous forecasts.
- Vietnam to go ahead with cruise terminal
- PIL adds calls to Asia-South/West Africa service
- Yantian port's H1 profit soars
Air and Land Transport
- Gulf Air 2000 crash due to human, systemic errors
HUMAN error on the flight deck, combined with flaws in Gulf Air's organisational, management and training systems, were to blame for the crash of the airline's flight 072 in August 2000 that killed all 143 people on board, Bahrain's Civil Aviation Authority said yesterday.
- Virgin Atlantic to halt India service in Aug
- Indian Airlines to lease 6 Airbus planes
- Macquarie Airports rules out Auckland purchase
- China Southern blames World Cup for June slack
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| JULY 17, 2002 |
- Hapag-Lloyd puts on new north-south service
- Norton Line opens China services to US, Australia
- Panalpina registers as NVOCC in the mainland
- PSA chairman to step down
- IATA figures in 2001 worst yet for air transport
- Logistics new tool on block: Emirates
- Mackenzie moves on up again
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| JULY 16, 2002 |
- Serious delays Antwerp's PSA-daughter
Mainlines and barge operators have been critical of at-times serious delays at the Hesse Noord Natie's (HNN) Antwerp terminal, the newly merged and PSA Corporation-acquired terminal.
- OOCL agents in Mexico and Russia
Orient Overseas Container Line (OOCL) announced the appointment of Agencia Naviera De Mexico, S.A. De C.V. (Agnamex) as its new Agent in Mexico.
- Descartes Introduces MobileLink: Commerce
The Descartes Systems Group introduced MobileLink: Commerce, a wireless routing and scheduling application for real-time event management and financial settlement in delivery operations.
- Schenker partner in timber tide online
Schenker and IHB, leader for timber trade online, announce their strategic alliance as partners to offer their customers solutions via the Internet.
- Australian bank buys Rome airport
Macquarie, the Australian investment bank, completed its fourth airport acquisition in 18 months when it bought a 44.7 per cent stake in Aeroporti di Roma for 480 million euro, from Leonardo Holdings, a consortium of Italian companies, which retains a 51 per cent stake.
- Evergreen upgrades agency network
To enhance its services in the East Mediterranean and Adriatic, Evergreen Marine (Taiwan) announced the appointment of three new agents.
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| JULY 17, 2002 |
- Gems, jewellery exports shoot up by 30 pc
- Oilmeal exports rise by 14 pc in April-June
- GJEPC looking for tie-ups with LatAm countries
- India dumping steel products, says US Commerce Dept
- Cotton yarn exports shoot up by 69 pc in April
- Cotton yarn exporters scan Far East markets
- Surge in US, EU demand for Indian garments
- Goyal, Baalu launch tree plantation drive in Mumbai Port premises
- M. J. Subbaiah named part-time member of TAMP
- NCAER survey confirms rising business confidence
- Growth pattern in foreign direct investment being sustained this year: Maran
- Govt may increase spending on core sector projects: Jaswant
- Oil firms lower furnace oil, LSHS prices
- Jaswant seeks details of CST reforms for switch-over to VAT regime
- Garment fair from July 19; may net business of $ 20 m
- Govt to speed up procedure for awarding contracts to build grain bins
- 6.5 pc economic growth possible this year: Jalan
- Safeguard duty on imports of ECH proposed
- 3 apex chambers to showcase the land of opportunities - Business Summit on
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| JULY 16, 2002 |
- Tight MGO continue in Panama Canal
- Chile market update
- Argentina market update
- St. Eustatius s/i after busy week
- Coastal's appeal against MPA licence suspension rejected
- Bominflot has acquired Emstank
- S&P survey says oil prices carry significant war premium
- Oil rally falters on inventory forecasts, stock market turmoil
- Montevideo and Alpha Zone market update
- Russian supplier moves Cyprus head office
- Piraeus market report from Aegean Petroleum (UK) Ltd
- A slow start to Koreas week
- Congestion eases in Durban, Richards Bay back with MGO
- Rotterdam morning market report from Marine Bunkering
- Brazilian bunker market update
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| JULY 16, 2002 |
- Nichols starts second sternwheeler
American West Steamboat Company has begun construction of a second sternwheeler cruise ship at Nichols Brothers Boat Builders in Freeland, WA,
- Transocean plans a spin off
Transocean Inc. plans to pursue a divestiture of its Gulf of Mexico Shallow and Inland Water business segment.
- BIMCO warns of looming officer shortage
The world's largest association of shipping companies, says that a present worldwide shortage of around 6,000 ships' officers may grow to 45,000
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| JULY 15, 2002 |
- Shippers Accused of Not Reporting Accidents
- LifeJackets a Must in Uganda
- STCW-95 Deadline Nears for Sailors, Shipowners
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| JULY 17, 2002 |
- Selby pit closures will have little effect on coal imports
CLOSURE of Britain’s largest coalmining complex - with the loss of over 2,000 jobs - is unlikely to mark a major boost for the bulk trades, shipbrokers said.
- Shekou deal starts P&O Ports on road to expansion
P&O PORTS has clinched its first major expansion project since the group’s new executive chairman Robert Woods declared his intention to turn the company into the world’s largest port operator, writes Rainbow Nelson.
- Cyprus takes on class to aid EU entry
Cyprus’ maritime administration has issued new, stricter instructions to classification societies in a further bid to boost its control over fleet safety and remove potential obstacles to the country becoming a member of the European Union.
- SSY’s Cridland joins Seascope
COLIN Cridland has resigned as senior director of research and consultancy at shipbroker Simpson Spence and Young, writes Neville Smith.
- Lloyd's List Focus- Maritime security under the spotlight
LLOYD'S List has made the whole maritime security issue one of its highest priorities, and you will find below a number of the articles that tackle this crucial issue.
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| JULY 16, 2002 |
- Hyundai HI will accept euros
- Row over Kandla charges resolved
- Petrobulk reassesses crewing policy
- BIMCO warns of recruitment crisis
- SCI tempts 180 more retirees
- Tuticorin again in talks with PSA
- Operator allowed to drop pilotage
- Cattle death solution sought
- Fos 2XL winning bidder chosen
- Court confirms Dystos verdict
- Norden bid 'too low'
- Koreans hit out at Pan Canal hike
- Customs strikes hit car makers
- Halifax docker linked to drug ring
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| JULY 16, 2002 |
- New pact will cost UPS 4% yearly
The six-year pact gives UPS's 230,000 union employees pay raises, and creates 10,000 new union jobs.
- CP Rail plans Detroit tunnel
Canadian Pacific Railway revealed plans to convert its Detroit River Tunnel to truck traffic, and construct a new rail tunnel between the United States and Canada. Weblog: CN freight train derails, burns in Wisc.
- Creditors object to Holt Ch. 7 changes
Unsecured creditors want to stop liquidation of the Holt Group of companies.
- Felixstowe will join CSI
- ILA expanding efforts to organize office staffs
- Con-Way Transport Services hikes rates
- China Shipping N.A. opens Houston center
- American expands ExpediteFS service
- EVA gets third 747 freighter
- RailAmerica to repurchase shares
- Stonier revenue jump
- Japanese yards working on 10,000-TEU ship
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| JULY 17, 2002 |
- Le trafic containérisé d’Anvers a augmenté de 13,7% en TEU au premier semestre
Le port d’Anvers a traité un volume maritime de 64,07 mio. de tonnes au cours des six premiers mois de l’année, une baisse de 2,3% par rapport au premier semestre de l’année dernière, lorsqu’un volume de 65,59 mio. de tonnes avait été noté. Cette légère baisse est exclusivement le fait de la diminution des vracs. Les diverses ont augmenté de 5,1% à 36,32 mio. de tonnes.
- MAN Nfz terminera l’année 2002 sur un “break-even noir”
Le constructeur bavarois de camions et des bus MAN Nutzfahrzeuge a présenté dans les environs de Munich toute une série de nouveautés techniques qui seront présentées lors du salon IAA à Hanovre en septembre. A cette occasion, le président de l’entreprise, Hakan Samuelson, a annoncé qu’il prévoit que le marché ouest-européen du camion baissera cette année de 12%. “Bien que des surprises soient encore possibles, on peut voir que le marché reprend confiance”, a-t-il dit. Bien que MAN ait inscrit des chiffres rouges au début de l’année, il prévoit que 2002 pourra se terminer en break-even positif.
- CMA CGM, Egis Port et CNC-IFB retenus pour l’exploitation du terminal Fos 2XL
A l’instar de ce qui se passe dans les ports du Nord, à savoir Dunkerque, Anvers, Flessingue, Rotterdam, Marseille entend jouer un rôle croissant dans la grande containérisation et dans cette optique a lancé le projet Fos 2XL, qui consiste à réaliser à Fos un terminal ultramoderne pour lequel un futur exploitant vient d’être désigné suite à un appel d’offres lancé en juillet 2001. Le futur exploitant retenu consiste en un groupe composé de l’armement CMA CGM, Egis Port, le premier groupe de manutention portuaire français... entreprise d’Etat... déjà présent à Fos et les opérateurs ferroviaires CNC et IFB (Inter Ferry Boats). Au total il y avait trois candidatures.
- Lancement du projet européen EcoPorts
Le secteur portuaire européen présente un nouveau projet qui sera réalisé avec le soutien de la Commission européenne et qui est axé sur une meilleure gestion technico-environnementale via le développement et l’échange de connaissances et expériences en la matière. Le projet d’étude, qui implique un investissement de 4,1 mio. d’EUR, vient d’être lancé à Bruxelles sous le nom d’EcoPorts.
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| JULY 16, 2002 |
- US government to boost containership security
The Bush administration will seek more funds for container security in fiscal 2004 budget.
- TMM completing stock conversion
The stock reclassification plan passes all necessary reviews by the US and Mexican governments.
- UDI corrects USMR price tag
The lower acquisition cost pushed up NYSE-listed UDI stock price by more than $2 in Tuesday trade.
- Torm rivals in the ring
Norden share price rises as takeover fight leads to talks with alternative buyers.
- Colin Cridland leaves SSY
Research chief rumoured to be going over to Braemar Seascope.
- Carnival facing discrimination lawsuit
Six Iranian-American passengers were expelled from Caribbean cruise ships in January.
- Uljanik poised for four-ship order
Croatian yard bumps up tanker orderbook with Spanish business.
- Stelmar renews handymax time charter
The Rimar's new time charter rate is in line with market expectations.
- China's Shekou to get new boxship port
Swire, China Merchants, P&O, and Modern Terminals set to boost Chinese port development plan.
- Stranded crew fly home
Seven Filipinos have left a Vanuatu-flagged cargoship arrested in Auckland over debts.
- Japan stocks escape worst of global turmoil
Maritime shares come off lightly, but differences appear between shipbuilders and shipowners.
- Alstom senses renewed cruiseship interest
But business remains muted at French shipbuilding group, as it awaits decision on P&O Princess options.
- Holed New Zealand ferry patched up
Strait Shipping's Kent repaired in Wellington after berthing accident.
- Szczecin rescue bid enters new phase
Polish government, bank and yard bosses focus in on what ships can be completed.
- Court lessens Dystos verdict
Three get five year suspended sentences over loss of elderly cement carrier but six walk free.
- New terminal planned for Port Qasim
Pakistan looks to private sector to build $11m facility.
- US dollar takes a pounding
Greenback sees big falls on concerns over poor US stocks and bad earning prospects.
- Pakistani crew members jump ship
Four seafarers from Petrobulk Maritime's bulker Lady P have gone missing in a US port.
- A&P to dock first ship at Birkenhead
UK repair group set to reopen ex-Cammell Laird yard at the end of the month.
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