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| JULY 23, 2002 |
Shipping News
- NOL hopes to finish talks on PSA terminal deal soon
NEPTUNE Orient Lines is yet to extend its terminal contract with PSA Corporation but hopes to wrap up negotiations soon, according to president and chief executive Flemming Jacobs.
- NOL launches masters course
- S'pore vows to maintain quality merchant fleet
- No Al-Qaeda-linked piracy attacks in Malacca Straits: IMB
Air and Land Transport
- Order concerns loom over Boeing and Airbus
BOEING and Airbus have used past air shows to trumpet new plane sales.
- Boeing may not rehire many workers after orders rebound
- Virgin Blue voices concerns to NZ watchdog
- JAL, ANA say summer bookings hit by recession
- Qantas to boost flights to Japan
- Delta loses US$186m in Q2, expects more bleeding in Q3
Features
- Booming China port sees more growth
ONCE the smallest of Shenzhen's three container ports, fast-growing Chiwan terminal is buying new cranes and upgrading its facilities in order to grab a bigger share of the booming southern China port business.
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| JULY 23, 2002 |
- China Shipping expands customer service
- Port of Chittagong workers to see rise in handling charges
- OTAL, Delmas go to town with vessel names
- Unilever consolidates Exel deal
- Northwest Airlines reports $93m loss in second quarter
- FedEx and Airbus complete long-range deal
- UPS on BestJobsUSA.com Top Employers list
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| JULY 22, 2002 |
- KLM to buy 6 Airbus
KLM Royal Dutch Airlines and Airbus today announced they have signed a letter of intent for the purchase of six Airbus A330-200 aircraft, for delivery from early 2005.
- Kuehne & Nagel wins American contract
Kuehne & Nagel's wholly owned subsidiary, USCO Logistics, has been selected by JCPenney Company, Inc., one of America's largest department store chains, to operate four new, highly automated, regional "store support centers."
- USFreightways to sell forwarder
USFreightways said it will exit the forwarding business after profits plunged in the second quarter. USF said net income for the second quarter was $5.9 million, or 22 cents per share, down from the $11.4 million, or 43 cents per share, for the second quarter in 2001.
- Grattan business via Bolero.net
Bolero.net today announced the completion of the first live air freight shipment through the Bolero System, in conjunction with Grattan plc, part of Otto Versand in Germany, the world's largest mail order group and second largest on-line retailer after amazon.com.
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| JULY 23, 2002 |
- India may become top wheat exporter in S-E, W. Asia, ousting US
- Garment exports to US rise by 25.84 pc during January-June
- Plunging prices, cheap imports crushing silk growers
- 14 pc rise in export of marine products in April-May
- Sugantha Raj to head operations of Visakha Terminal to be developed by ULA-DPA - Operations to start in 2nd half of this fiscal
- CCEA to decide on re-bidding by P&O Ports - Vallarpadam transhipment terminal
- CWC’s CFS-Adalaj sets box throughput record in June
- Forex reserves crossed the $ 58-billion mark
- Planners reviewing agri-processing, export schemes
- Upasi plans to set up tea futures exchange by March 2003
- FTZ linking India, Bangla, Myanmar mooted
- Exporters to invest Rs 800 cr. on machinery
- Transport subsidy still makes Indian sugar dearer than Brazil’s
- Govt to review hank yarn issue soon
- Rana urges Jaswant to effect 9 pc hike in raw silk import duty
- Revenue Department may lower rates of depreciation only by 10-20 pc
- Forex reserves rise by $ 784 million
- Three new silkworm hybrids developed
- Set up business in N-E states, Shourie tells businessmen
- N-E states to get Rs 290 cr. for promotion of tourism
- FDI implementation rate touches 153 pc in Jan-May
- Inflation rate falls to 1.99 pc
- Canada allows Nepal, Bangla garments free entry
- 12th batch of Export Import Workshop from July 27
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| JULY 22, 2002 |
- Daily Bunker market report from Praxis Energy Agents
- Escravos fire
- Prices ease and barge delays cease in Rotterdam today
- Nigeria to leave OPEC?
- Bunker broker leaves London to set up own business
- Singapore remains tight, prices steady to soft
- First tanker opts for voluntary higher green standards
- Crude drifts lower on profit taking, stock market woes
- Polish product avails finally back to normal
- Brazilian bunker market still flat
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| JULY 23, 2002 |
- "K" Line partners with EnerSea Transport to complete EnerSea's maritime triumvirate for compressed natural gas marine transport
- RoSPA Gold Award to Lloyd's Register
- Panalpina appoints new Chief Financial Officer
- Exel chooses INTTRA
- NYK Line goes live with GT Nexus
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| JULY 22, 2002 |
- Hornbeck files IPO statement
Hornbeck Offshore Services, Inc.says it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
- "K" Line joins CNG effort
Japan's Kawasaki Kisen Kaisha, Ltd. ("K"Line) is to contribute its operational and marine resources to further the development and eventual deployment of EnerSea's VOTRANS (Volume Optimized Transport and Storage) Compressed Natural Gas system.
- Bush goal: 375 ship Navy?
A senior Bush Administration official last week said the Navy fleet may be boosted by as many as 58 ships "over the next several years," bringing the total to 375.
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| JULY 22, 2002 |
- KPA to Open Container Depot in Rwanda Soon
- Avoid Somalia Coast, ICCI Warns Shippers
- Uganda to Buy Patrol Boats to Check Illegal Fishing
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| JULY 23, 2002 |
- Greenpeace faces safety outrage after activists try to block plutonium ship
GREENPEACE yesterday faced tough criticism over its tactics after two protesters threw themselves into the path of a vessel carrying a cargo of plutonium MOX fuel and forced it to take evasive action.
- NYK Line signs on for US anti-terror initiative
NYK Line has emerged as the first carrier to publicly confirm its application to join the US Customs security initiative called Customs-Trade Partnership Against Terrorism, writes Matthew Flynn.
- Royal Caribbean fury at Brussels over Carnival’s P&O bid
Brussels is tomorrow expected to bestow its blessing on Carnival’s hostile bid for P&O Princess in the face of a threatened legal challenge by preferred suitor Royal Caribbean Cruises.
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| JULY 22, 2002 |
- Huge swells close Durban port
- Parent problems hit Tropical shares
- Three left in SCI bidding
- Union complains of line's tactics
- Sagitarius salvors await calm
- Salvors prepare Nino for refloating
- US makes 'significant' concession
- Leif Hoegh donates relief capacity
- Blue Star move heralds battle ahead
- Icebreaker leads Magdalena home
- Bankrupt Italian builder acquired
- Abidjan seeks terminal finance
- Uno removal by end of the week
- PSA strengthens India hand
- Trade deal threatened by fruit rule
- Excellence in general average move
- FBI probing Ellicott scandal
- Judge suspends Jurong contract
- Korean newbuild orders steady
- Cruise lines may boycott Canal
- Canal users may seek alternatives
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| JULY 22, 2002 |
- ILWU expected to reject contract offer
Negotiators turn down West Coast employers' offer of a 17 percent raise in wages and benefits in exchange for a longer contract and more hiring flexibility.
- Judge OKs Holt Group liquidation
An apparent end for the conglomerate, and its former U.S.-Puerto Rico carrier NPR-Navieras.
- Canadian National net surges
The rail operator said second-quarter net income jumped 17 percent jump over the year-ago period.
- Downgrade for UPS shares
- ABF profits dive
- Maine intermodal hub a success story
- India-Bangladesh links to improve
- KLM orders Airbus jets
- NYK links to GT Nexus
- Meridian IQ to buy MegaSys
- Central Transport rate hike bucks trend
- New Latin American delivery company
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| JULY 23, 2002 |
- Anvers: le transfert de 50.000 containers de MSC vers Hambourg n’est que temporaire
La nouvelle n’a en fait rien de surprenant. MSC, le plus grand client du port scaldien, dont le trafic containérisé se situe au niveau de 1,8 mio. de TEU/an, a pris il y a quelque temps déjà la décision de transférer momentanément d’Anvers vers Hambourg un service feeder axé sur les dessertes de la Norvège et du Danemark, ce qui implique également le retour d’une escale à Felixstowe. Ce service représente à Anvers un volume annuel de 50.000 containers (et non 100.000 comme le souligne une certaine presse). La raison de ce transfert réside dans le fait que la Hesse Noord Natie ne disposait plus de capacité suffisante, tant la croissance des trafics est élevée, qui se situe au niveau de 14%. Et n’oublions pas que MSC, insatisfait des prestations de Felixstowe,
a transféré sur Anvers un paquet de 200.000 containers/an, ce qui est difficile à assimiler.
- Wim Bosman se renforce sur le marché français
Le groupe Wim Bosman, siège aux Pays-Bas, vient de renforcer les moyens de sa filiale française. La SA Transports Wim Bosman Paris dispose désormais d’une nouvelle plate-forme logistique à Mitry-Compans (77 Seine-et-Marne). “Notre politique de satisfaction clientèle franchit ainsi un pas de plus”, se félicite Brigitte Herbomez, directrice générale de la filiale française. Comme pour l’ensemble du groupe Wim Bosman, les prestations proposées en France concernent tant le transport que la distribution et la logistique.
- La Belgique bientôt ajoutée aux services GF-X de Swiss WorldCargo
Les clients belges de Swiss WorldCargo, la division de fret aérien de la nouvelle compagnie aérienne suisse Swiss International Air Lines, pourront bientôt réserver de la capacité via le portail internet Global Freight Exchange (GF-X). La division fret a également conclu des accords avec le réseau de communication électronique Traxon et l’entreprise de handling Cargologic.
- Le PACO (La Louvière) prévoit la construction de 15 nouveaux centres de transbordement
Le Port autonome du Centre et de l’Ouest (PACO) annonce dans son tout récent plan stratégique la construction de nouveaux centres de transbordement sur quinze sites dans la vaste région où il gère le réseau de voies navigables. Au total, cette région compte 176 kilomètres de voies navigables, 5 bassins portuaires et 20 quais de transbordement d’une longueur totale de 45 kilomètres. Le PACO table grâce à ces centres de transbordement supplémentaires sur une hausse de trafic de 3,5 mio. de t. Ce plan représente un coût de plus de 23 mio. d’EUR sur une période de cinq ans jusqu’en 2007.
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| JULY 22, 2002 |
- Holt Group’s troubles deepen
The bankrupt Philadelphia terminal operator could not pay off administrative costs.
- K line joins EnerSea project
Japanese owner set to build first in series of innovative CNG carriers.
- VLCC rates continue to strengthen
Aframax and suezmax rates were seen moving sideways late last week.
- PMA makes proposal to union
The proposal includes higher wages, better health benefits and job security.
- Hornbeck to launch IPO
Louisiana-based shipowner is to use net IPO proceeds for newbuilding programme.
- Hual Europe sails on mercy mission
Shipowner provides free transport for Red Cross African relief convoy.
- Tanker stock withstands bearish market
Dow Jones Industrial Average dropped beyond post 11 September low on Friday.
- ChevronTexaco signs with GAC
Exclusive worldwide tanker agency deal ties relationship for four years.
- NOL gets freight boost
Freight rates rising rapidly in the Asia - Europe trade says Flemming Jacobs.
- RCCL protests Carnival clearance
Richard Fain mulls legal action over "unfair" cruise line takeover decision.
- Aker and Birka sign cruise LOI
Plans to develop new Finnish cruise ship confirmed but order not imminent.
- Frontline stake sold
John Fredriksen moves a $45m shareholding in tanker venture but reason remains opaque.
- Icebreaker reaches Oldendorff bulker
Argentinian ship comes alongside Magdalena Oldendorff in preparation for breakout bid.
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