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| AUGUST 20, 2002 |
Shipping News
- Transpacific trade lines in drive to raise freight rates
CONTAINER shipping lines operating on the transpacific trades are set to begin an intensive campaign aimed at successive freight rate hikes, based on what they say are surging cargo volumes across the Pacific.
- Joint venture wins dredging deal for PTP's second phase
- Strong won blamed for fall in profits at two Korean yards
Air and Land Transport
- Qantas flights delayed as workers strike over wages
QANTAS Airways flights were delayed as a 24-hour strike by as many as 6,000 workers forced the airline to change yesterday's schedule.
- Taipei- Moscow charter flights from Sat
- Boeing aiming to meet deadline for security cockpit doors
- Spilt drink forces emergency plane landing
- New Varig president expected to be named
- Beijing Airport's H1 profit up 19%
Features
- United plans to arm pilots with 'tasers'
WHILE lawmakers, pilots and the National Rifle Association continue their campaign to arm pilots with guns, United Airlines has placed its faith in a different weapon - the Advanced Taser M26.
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| AUGUST 20, 2002 |
- Vancouver seeks support for new box terminals
- Tianjin Consol secures NVOCC licence
- NACA Logistics names Latin America MD
- Thailand invites bids for new Laem Chabang box terminal
- US court clears path for Oakland on port projects
- DCL names Sutton as regional VP
- Air Line System completes European GSA coverage
- Stinnes, under takeover bid, reports mid-year profit rise
- Sept 11 one year later: no full recovery yet, says OAG
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| AUGUST 19, 2002 |
- Qantas hit by second strike
Ground staff with Qantas Airways staged their second one-day strike of the month on Monday with mixed results that left both sides of the dispute claiming victory.
- BAA against BA in investment row
BAA, the British airports operator, defended itself against claims that it had overstated investment plans by 1 billion pound to boost its claim for higher landing fees.
- KLM with Eastern European freight service
KLM Royal Dutch Airlines is seeking to strengthen the carrier's current position in the British market by increasing frequencies and capacity on various routes in the coming winter season, Sunday, October 27, 2002, through Saturday, March 29, 2003. New cargo services are added.
- Singapore plans 20 more berths
The government of Singapore has set aside land for 20 more berths at Pasir Panjang for 'whoever can best run the berths, be it PSA Corporation, Jurong Port, other port operators or shipping lines', Prime Minister Goh Chok Tong said in his annual National Day Rally speech yesterday.
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| AUGUST 20, 2002 |
- Finance Ministry imposes anti-dumping duty on phenol imports from SA, EU & Singapore
- India emerges top exporter of grains in Asia
- 20 pc rise in garment exports during July
- China emerges as top importer of steel products from India
- BHEL now producing gear for port sector
- Goyal urges port trustees to help cut costs - 1st-ever orientation programme for port trustees held
- Mundra Port creates maritime history, directly docks 1st coal Capesize vessel
- Essar, GE Shipping scout for funds to acquire SCI
- Forex reserves crossed the $ 60-billion mark
- Govt okays Cidco’s SPV plan for Dronagiri SEZ project
- Handloom industry to get Rs 225-cr. incentives
- Textile Commissioner to prepare strategy on market access
- Handicraft exports log 8 pc growth in July
- MTRF to be revived to raise export of poly-cotton textiles
- Move afoot for dematerialised warehouse receipts to benefit commodity trade
- Forex reserves dip to $ 60 bn
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| AUGUST 19, 2002 |
- Daily Bunker market report from Praxis Energy Agents
- Fire shuts down Houston Fuel Oil Terminal
- Silver lining to Bunkerworld's first International Regatta
- Mixed signals from OPEC on Q4 supply increase
- Oil little changed Monday morning after new rally highs
- Rotterdam stabilises with Brent
- US changes tack on Iraqi smuggled oil
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| AUGUST 19, 2002 |
- DFDS to increase capacity between Immingham and Cuxhaven
- Kent Line expands its services in South America
- A drop in profit for DPWN
- U-Freight forms partnership in Sri Lanka
- Van Gend & Loos Euro Express wins contract with Samsung
- Calderón establishes a new office in Alicante
- NYK containership calls at Genoa's SECH terminal
- Orient Overseas International (OOIL) announces interim results for 2002
- Improvements for Pier II in Luka Koper
- Awards for Italy's best airlines
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| AUGUST 19, 2002 |
- GAO turns down GD protest of DD(X) award
The General Accounting Office has rejected a protest by General Dynamics Corp.'s Bath Iron Works against the U.S. Navy's award of a $2.9 billion contract to the Gold Team
- Shipowners make proposals on security
The International Chamber of Shipping (ICS) and other shipower organizations have put forwartd a number of proposals for consideration at the next IMO meeting on maritime security
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| AUGUST 19, 2002 |
- Labor talks on hold until Monday, August 26
- Port of Portland director will talk trade in Boise
- Mitsui building new tankers with corrosion resistant upper decks
- Port of Vancouver, USA honors ship's maiden voyage call
- COSCO sees record box moves through Hong Kong terminal
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| AUGUST 19, 2002 |
- Tanzania to Buy Three Catamarans from Scorpios of Greece
- mv 'Victoria' Goes into Dock This Week
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| AUGUST 20, 2002 |
- Rising Star to spend $1bn on new orders
B uoyed by a successful cost-cutting exercise and with a firm eye on the "untapped" Chinese cruise market, Star Cruises has announced plans to order a further two vessels, taking its ambitious newbuilding expansion to US$1bn.
- Sohmen eyes Bergesen as shares fall
BERGESEN shares took another buffeting yesterday, falling by almost 5% to their lowest level on the Oslo Stock Exchange in six months, making the shares increasingly attractive for acquisitive Hong Kong-based investor, Dr Helmut Sohmen.
- Taipower set to reopen tender for LNG deal
TAIWAN Power Co will hold a public tender to select a supplier for liquefied natural gas in a 25-year deal worth T$400bn (US$11.8bn), the state utility firm said yesterday, Reuters reports.
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| AUGUST 19, 2002 |
- High praise for returning Irizar
- Eritrea studies Assab potential
- RCCL negotiating $20M crew claim
- HHLA cuts inland exposure
- Nuclear ships driven from Good Hope
- Cosco vessel resists refloat effort
- Slick traced to coal vessels
- USCG requires charterer details
- Hyundai HI anticipates gas demand
- Terminal operators upbeat
- Australians resolve Iraqi dispute
- Keppel takes over Verolme Botlek
- Healthy first half for Mercosul
- Further fears for Flemish facility
- Hoverspeed assesses next move
- Genoa repairer on hunger strike
- Star Cruises profits surge
- Korea sets up cyber crew forum
- Malaysian terminals in merger talks
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| AUGUST 19, 2002 |
- Hamburg expects to elude flood damage
Germany's largest port says it does not anticipate any disruptions to operations from flooding on the Elbe River that has caused damage to large areas of Germany in recent days.
- KLM boosts cargo services
Europe's fourth-largest airline will launch a full freighter service to and from Budapest to connect the fast-expanding Eastern European markets with its global cargo network.
- U.S. railroads report improved safety
- Houston Ship Channel reopens after blast
- Shanghai speeds container port expansion
- Mundra is first Indian port to berth cape-size ships
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| AUGUST 20, 2002 |
- Superfast compte sur un accroissement du trafic de fret sur Rosyth/Zeebrugge
“Nous espérons que le marché accordera le soutien nécessaire pour maintenir le service. We’re here to stay.” C’est ce qu’a répondu le directeur de Superfast Ferries, Yannis Criticos, aux questions relatives à l’avenir du service que l’armement grec assure depuis quelques mois entre le port écossais de Rosyth et Zeebrugge, et au lent développement du trafic de fret sur cette route. Criticos a toutefois refusé de révéler des chiffres. Du côté écossais, un appel a été lancé aux transporteurs routiers la semaine dernière pour les inciter à soutenir le service et à en garantir le maintien.
- Nouvelle approche stratégique de Singapour dans la manutention de containers
Le premier ministre de Singapour, Goh Chok Tong, a clairement affirmé dans un discours que l’Etat “voulait maintenir à tout prix son statut de principal hub pour la navigation de ligne en Asie du Sud-Est”. Il a confirmé que l’Etat avait prévu des terrains pour 20 emplacements supplémentaires pour porte-containers et que ces emplacements seront exploités par “celui qui en sera le mieux à même”, même si cela signifie que Singapour devra pour la première fois de son histoire passer par un autre groupe que PSA Corp, qui domine actuellement la manutention de containers dans cet Etat.
- La crise aérienne américaine pourrait profiter aux compagnies européennes
Il semble que la crise dans la navigation aérienne américaine pourrait devenir l’énième illustration de l’expression “le malheur des uns fait le bonheur des autres”. Du côté européen, les compagnies aériennes sont prêtes à attirer la clientèle vers elles. C’est ce qui ressort d’une enquête de Reuters. En raison de différents facteurs - dont une plus forte accentuation sur le transport de fret - les compagnies européennes ont mieux survécu à la crise que les américaines.
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| AUGUST 19, 2002 |
- Aframax rates sink to lowest point
Aframax tanker rates fall by 45% from a month ago to $13,142 per day.
- US West Coast labour talks again delayed
A new meeting between PMA and ILWU is set for 26 August.
- Houston Ship Channel reopens
Strategic southern US waterway closed after nearby fuel oil storage tank suffers explosion.
- Latco profit slumps
Fleet renewal planned as newly privatised Latvian Shipping Co battles to boost result.
- More ships detained for Iraqi oil smuggling
A total of 298 ships were caught smuggling Iraqi oil in Persian Gulf as of 11 August.
- Pan-United revenue storms ahead
Repair and newbuilding work brings in cash for Singapore yard group, but shipping is not as buoyant.
- Dohle downgrades deal
Revived Szczecin yard keeps firm contracts for just three of 11 containerships on order.
- Gorthon profit soars
Forestry product shipper is anticipating a better year-end result than 2001.
- Drug bust on NCL cruiseship
Bermuda customs officers recover $4.5m worth of cocaine onboard the cruiseship.
- CSDC bumps up profit
Tanker hungry China Shipping Development Co is seeing improved fortunes.
- Star Cruises plans $1bn spree
Asian giant wants to sign up for four ships as it revives its fleet expansion plans.
- US holds wasted MSC boxship
July detentions reveal high tally of wasting and fracturing onboard containership.
- Interim profits almost double at Keppel Philippines
Manila-listed shipbuilder and repairer also sees healthy rise in revenue and operating profits.
- Ro-pax newbuildings take their toll at GSI
Chinese yard remains in the red due to further cost overruns on first ever car and passenger ferries.
- AWB resolves grain export issues with Iraq
Bulkers in Umm Qasr to resume unloading after solution is found to Australian wheat shipments dispute.
- Boxship firms facing historically bad times
OOCL's CC Tung laments the woes of the containership market and urges against renewed ordering.
- Mercury in salmonella scare
Celebrity Cruises ship hit by two suspected cases of food poisoning on Alaskan voyages.
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