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| JUNE 19, 2002 |
Shipping News
- Local developer of electronic seal hit as market heats up
A homegrown developer of electronic container seals and web-based track and trace technology - eLogicity - may be an early casualty of the burgeoning maritime security environment as developers and investors rush to cash in.
- Manila Harbour Centre to expand facilities
- Washington awards US$92m to ports to beef up cargo security
- Shipowners warned of higher P&I liabilities
Air and Land Transport
- Air traffic chaos seen as European controllers strike
EUROPEAN airlines are bracing themselves for major disruption today as European air traffic controllers prepared for a one-day strike against controversial European Union plans to set up a so-called 'open skies' plan.
- Airports urged to use high technology
- Budget airline pilots ignoring instructions: UK traffic controller
- AMR chief pinpoints key problems affecting profits
- Possible shortage of US air traffic controllers seen
- Log Book
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| JUNE 19, 2002 |
- Ecu-Line launches transit via Dalian, Qingdao
- HK expands industrial safety laws to container handling
- APL voted Shipping Line of the Year
- Ecu-Line Antwerp offers weekly service to Istanbul
- HSAC Logistics changes Mexico agent
- Panalpina puts IPO on hold
- DF Young ships Chevys to Tibet for General Motors
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| JUNE 18, 2002 |
- Atlas Air down 45 per cent after warning
The share price of cargo carrier Atlas Air lost 45 per cent of its value, after the warning of its CFO. This fuels the fear for a growth of overcapacity, down going prices and lower share prices in the air cargo industry.
- DFDS wins 7,000 tonnes cement project
DFDS Transport has won a contract to manage the movement of a complete 86 million British pound cement production line, involving more than 7,000 tonnes of machinery and equipment from across Europe and Scandinavia.
- Vopak votes in favor of split-off proposal
Vopak N.V. said that the Extraordinary General Meeting of Shareholders (EGM) voted in favor of the company's split-off proposal.
- China Southern buys air postal stake
China's largest airline, China Southern Airlines today signed an agreement to buy 49 percent of a small postal carrier for 150 million Yuan ($18 million).
- Deutsche Post contra Financial Times
The Financial Times reported today that Deutsche Post had allegedly broken subsidy regulations, which was denied by Deutsche Post.
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| JUNE 19, 2002 |
- Shipping lines may review fleet compositions - Largest boxships found to be ‘inflexible’ in tough times
- Thailand seeks JVs with India
- Biotech Park joins hands with German firm
- Cost cutting in all Major Ports initiated: Goyal
- CoPT takes steps to improve productivity at RGCT
- Dynamic Air Exports takes wings from ICD-Dighi, Pune
- Emirates Airlines to increase services
- Qatar pulls out from Gulf Air ownership
- Zonal rly GMs allowed to quote 25 pc discount in freight rates
- Wheat products exporters to get back transport costs
- Ficci survey notes pick-up in fresh investments
- 2-pronged approach to core sector growth in state envisaged in draft policy
- Steps to improve functioning of Finance Ministry initiated
- Finance Ministry revokes anti-dumping duty on synthetic rubber
- 78 pc rise in export of agricultural products
- Standard practice manual for grain feed traders
- New tea export sops package taking shape
- Jute exporters in for better deal:Rana
- Kolkata gems park accorded SEZ status
- CMIE puts trade gap at $ 15.4 bn
- No move to cut customs duty on edible oil
- Foreign Trade Analysis: Current Policy & Procedures
- S.C. Chowdhry new Commissioner of Vizag Customs
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| JUNE 18, 2002 |
- Good avails amidst healthy demand in Panama
- Rotterdam falls in the afternoon
- Spain Faces First General Strike in 8 Years, bunkering operations may be affected also
- Singapore softer in line with bearish crude, cargo markets
- API stats expected to show US demand has not yet recovered
- Crude oil falls as Iraq exports may not affect supplies, decline in US demand
- Bunker prices in Poland remain stable this Tuesday
- Rotterdam market report from Marine Bunkering
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| JUNE 18, 2002 |
- Navy and Big Two do a shipbuilding shuffle
The U.S. Navy has reached an agreement that will transferring the construction of four LPD 17-Class amphibious transport dock ships from General Dynamics' Bath Iron WorksNorthrop Grumman's owned-Ingalls and Avondale shipyards in exchange for construction of four additional DDG 51-Class destroyers at Bath Iron Works.
- Offshore SCORE is up
GlobalSantaFe's SCORE has risen by one percent.
- Note of caution from Kirby
Tank barge specialist Kirby Corporation announced today that it is lowering its earnings guidance for the 2002 second quarter
- Alfa Laval and Unitor back marine e-commerce venture
Leading marine suppliers Alfa Laval and Unitor have joined with Cap Gemini Ernst & Young and e4marine to launch Marine Transaction Services (MTS).
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| JUNE 19, 2002 |
- US channels underwhelming $92.3m into port measures
THE Army Corps of Engineers has given final environmental approval to a harbour dredging project in the Port of New York and New Jersey, clearing the way for larger ships and a greater volume of commerce in the future, New Jersey governor James McGreevey has announced.
- Dockers in global call to arms against owner power
SENIOR international docker representatives are calling for unions worldwide to prepare for co-ordinated industrial action in response to recent developments in Europe and the US west coast, which they fear will give too much power to shipowners.
- War of words as US west coast ports labour clash looms
A WAR of words has erupted between employers and labour over whether US west coast ports face a shutdown two weeks from now.
- Mineta grants underwhelming $92.3m for port security measures
US transportation secretary Norman Mineta has announced the award of $92.3m in grants for port security.
- Lloyd's List Focus- Maritime security under the spotlight
SINCE the terrible events of September 11, security has become THE most important global issue.
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| JUNE 18, 2002 |
- VLCCs 'must have hit the bottom'
- Boyang denies Alaska link
- Study warns of over-capacity
- Liner restructuring gets underway
- India to widen inspection regime
- Italy invests in security measures
- Brazilian builders step up pressure
- Durban crane collapses
- Greeks seek Turkish seafarer
- Chinese develop closest link
- Mineta awards port security grants
- MCA ordered to 'name and shame'
- Compromise saves EC ports directive
- Pakistan bows to breakers' protests
- Brilliance hits submerged object
- Ferry merger talks break down
- Piracy 'must not be ignored'
- Chile joins Tokyo MoU
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| JUNE 18, 2002 |
- NY/NJ port deepening gets Corps OK
Federal and state officials said that harbor deepening projects in the Port of New York and New Jersey have cleared a major hurdle.
- Integres names Fritz
Integres Global Logistics named Lynn C. Fritz, former chairman and chief executive of Fritz Cos., to its board of directors. Weblog: South African air cargo exports booming
- $92.3M in port security grants
The Transportation Security Administration on Monday handed out security grants to 51 ports, terminal operators and carriers.
- Honda signs for Mexico rail moves
- DHL names Clark VP of sales
- New India-China service
- Upgrade for Malaysia port
- Manugistics plans one-week shutdown
- Pasha plans So. Cal. distribution hub
- GM unveils dealer buying site
- CF waxes proud over new deal
- Big rice contract for RailAmerica's Aussie unit
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| JUNE 19, 2002 |
- Le projet de directive portuaire de l’UE confirme le droit au “self handling”
L’accord réalisé à Luxembourg -sans la Suède qui a voté contre - sur un texte concrétisant le projet de directive portuaire européenne, qui devra encore faire l’objet d’une adoption définitive par le Conseil et le parlement, suscitait mardi matin bien des commentaires, toutefois assez prudents. Rappelons que le Conseil et le parlement doivent être unanimes vis-à-vis d’un texte conjoint pour que ladite directive prenne force de loi. Cette dernière étape n’est pas nécessairement gagnée d’avance. Tant dans les milieux maritimes et portuaires belges que dans les milieux syndicaux, on attendait d’être en possession du texte complet avant d’émettre des considérations. Du côté de la CE, on insistait sur le fait que tant la CE
que le parlement européen étaient partisans d’une plus grande transparence et d’une plus grande flexibilité dans les ports, mais qu’ils avaient tenu compte du caractère spécifique d’un port et du travail qui y est effectué.
- Vos Logistics ouvre une plate-forme logistique à Feluy
Le groupe de transport et de logistique néerlandais Vos Logistics vient d’ouvrir une plate-forme logistique sur le site de production de polypropylène d’AtoFina à Feluy, au sud de Bruxelles. La plate-forme a été conçue et construite par le groupe de transport même et est un des plus grands centres en Europe pour la distribution de polypropylène. Grâce à cette installation, la capacité d’AtoFina à Feluy a pu être augmentée de 380.000 tonnes par an.
- UPS renforce son ancrage à Cologne
UPS a l’intention de porter sa capacité de manutention sur l’aéroport de Cologne-Bonn de 145.000 pièces par nuit à l’heure actuelle à 280.000 pièces en 2005. La construction d’un nouveau complexe fret doit permettre de réaliser cette ambition. Cet investissement de 100 mio. de USD illustre la volonté d’UPS de confirmer Cologne/Bonn comme tête de pont européenne. C’est ce qu’a déclaré le porte-parole de l’entreprise lors de la visite d’une délégation de presse belgo-néerlandaise au hub.
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| JUNE 18, 2002 |
- Korea aims to boost shipbuilding market share
Korean shipbuilders are seeking to widen global shipbuilding market share to 40% by 2010.
- St. Lawrence Seaway to begin feasibility study
The Seaway management is planning to widen and deepen shipping channels to cater to panamaxes.
- Skuld back in profit
Fortunes of Oslo based club revive as major P&I rivals slip into the red.
- Weak demand cuts Kirby's earning estimates
The excess barge capacity may take several quarters to be absorbed in the market.
- Strintzis and Anek merger called off
Alliance of Greek ferry owners scrapped after discussions proved fruitless.
- Indonesian seamen seized in Philippines
Speedboat gunmen kidnap seafarers on tug owned by Labroy Marine of Singapore.
- APL plays management musical chairs
Peter Hall takes container giant's top UK job, replacing Singapore-bound Ted Fordney.
- Indonesian yards eye Pertamina business
Work-starved yards claim government support for a share of the local newbuilding action.
- Oak VLCC heads for TI pool
Tankers International to net at least one more ship as Frontline vessels head out.
- Murmansk Shipping Co firmly in the black
Russian owner made money out of tankers and cargoships in 2001.
- Chile joins Tokyo MOU
Members inspectors to target ISM Code compliance and bulker safety.
- Tsuda named as SembCorp director
IHI shipbuilding boss appointed director at the Singapore ship repair and marine group.
- GMS battles to clear problem scrap sale
Cash buyer plagued by fresh police moves on Indian associate Komal Sharma.
- Precious scraps again
Thai owner slims fleet further with disposal of elderly bulker.
- Q-Ship inks loan for Shina tankers
Doha-based owner signs loan with Arab banks to help finance MR tanker newbuildings.
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