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| JULY 25, 2002 |
Shipping News
- Enough STCW compliant crew to man S'pore fleet
SINGAPORE-flagged vessels are unlikely to face detention under strict crew certification requirements coming into force next week, according to figures from the Maritime and Port Authority of Singapore .
- Most Filipino seafarers certified
- Jurong Shipyard eyes higher value shipbuilding
- Transpacific container lines want rate hike
- EU likely to approve Carnival's US$5.5b bid for P&O Princess
- Victory in sight for Carnival
Air and Land Transport
- Malaysia rejects idea of arming pilots: minister
THE Malaysian government has rejected the idea of arming airline pilots with guns as a means of countering hijacking, Transport Minister Ling Liong Sik said in remarks published in local newspapers.
- HK air cargo firm sees 10% air cargo growth this year
- Dragonair, EVA tie up on HK-Taipei route
- Embraer wins order from India's Jet Air
- Air NZ denies 'done deal' with Qantas
- MAS passenger arrested for threatening crew
- Log Book
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| JULY 24, 2002 |
- Railtrack shareholders fight on
Private shareholders of British Railtrack Group pledged to continue their legal fight against the collapse of Railtrack despite a majority vote for the government-backed bids to buy the business.
- UPS international profit up
UPS, acknowledging it faces a battle to win back customers who steered shipments elsewhere during the company's contract talks with the Teamsters, said its profit for the third quarter will fall short of estimates.
- Michelin TNT-customer in US
Michelin North America has signed a six-year, multi-million dollar agreement with TPG through their TNT Logistics North America business unit, which will operate Michelin's network of tyre distribution centers in the United States and Canada.
- Diesel duty harmonisation in EU
Internal Market Commissioner of the European Union Frits Bolkestein is to propose a pan-European rate of 350 euro per 1000 liters fuel tax.
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| JULY 25, 2002 |
- Tobacco exports may rise to 130,000 tonnes
- Lower Indian rice prices push Pakistan’s variety out of reckoning
- Indian software firms buck global slowdown to double export revenue
- Trade team to visit Angola soon
- Aussies enchanted by Indian flowers once again
- Andhra Pradesh to privatise Machilipatnam port
- AMTOI President lists steps vital for seamless multimodalism - Committed to promoting integrated development of transport sector
- Ore complex at Vizag sets ‘credit hours’ record
- Concor starts new train service between RCT Vadodara & JNP
- Greenfield airport bidders seek additional policy details
- Jaswant vows to simplify tax laws
- Bangla gas may flow to India from Oct.
- Capture big chunk of world garment market-Rana
- Paper trade body urges govt to cut customs duty to 5 pc
- India second biggest investor from Asia in UK
- Castrol net up 30 pc in Q2
- Steering panel on FDI aims $ 8 bn inflow a year
- Top textile producers send urgent wish-list to govt - Gearing up for post-quota era
- CII organises Open House with Customs chief on Aug. 6
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| JULY 24, 2002 |
- US Gulf market stays firm on strong demand and cargo exports
- African market report from GAC
- Soft demand on the US East Coast
- New posted prices in Ecuador
- Stable markets on the Canadian East Coast
- Steady bunker prices in Istanbul
- Fujairah prices rise on the back of AG Platts increase
- DOEs fail to impress bulls, oil slips back
- Tallinn and Great Belt slightly bearish
- St. Petersburg remains stable on healthy demand
- At last some movement in Brazilian bunker prices
- Bullish APIs turn the tide for crude
- Posted prices in Saudi Arabia stay stable to soft this week
- Demand stays low in Taiwan
- Hong Kong's IFO380 prices remain high as avails dry up
- Piraeus still short on IFO380
- Rotterdam barge market a little firmer as crude opens higher
- Large fuel oil cargoes fixed from US Gulf to Singapore
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| JULY 24, 2002 |
- Singapore Technologies buys Halter Marine
Singapore Technologies Engineering Ltd (ST Engg), today issued a statement saying that, through its U.S. arm, Vision Technologies Kinetics Inc (VT Kinetics), it has made a successful bid for the assets of Halter Marine, the shipbuilding arm of US-based Friede Goldman Halter Inc (FGH).
- EC clears Carnival bid for Princess
The European Commission has granted clearance for the proposed acquisition of British cruise operator P&O Princess Plc by U.S.-based Carnival Corp.
- EU project aims at "zero emission" passenger ship
The Euro 15 million SAFENVSHIP project was launched earlier this month at RINA's Genoa headquarters
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| JULY 24, 2002 |
- Port of Seattle sticking with internal police department for Sea-Tac
- New communications manager hired at Port of Tacoma
- Corps of Engineers holding series of channel deepening meetings
- Third Port of Portland open house seeks input on marine terminals
- Coast Guard taps Houck for flag officer position
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| JULY 25, 2002 |
- UK defence strategy under fire from MPs
BRITAIN needs a fundamental re-examination of its shipping security measures because of the risk of terrorists smuggling bombs inside containers, a committee of MPs said yesterday.
- Brussels in legal threat to customs deals
BRUSSELS has taken the first step in mounting a legal challenge to the bilateral Container Security Initiative agreement signed by three member states with the US, while simultaneously starting the formulation of a common security policy.
- EC clears Carnival bid for P&O Princess
The European Commission has given unconditional approval to Carnival’s takeover bid for P&O Princess, triggering accusations from rival suitor Royal Caribbean Cruises that Brussels took "procedural shortcuts" to expedite a decision.
- 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 24, 2002 |
- Venezuela opens oil tap again
- Indian war risk premiums falling
- West African surcharge imposed
- ST Marine buys US shipyards
- MISC proposes major pay hike
- Snowstorm hinders Antarctic rescue
- Carnival now faces final hurdle
- EC gives Carnival green light
- Teekay's Q2 profits plummet
- Delhi wants hand in port security
- Steer clear of Somalia warns IMB
- Hanjin, PSA renew vows
- Iraq threat to Aussie wheat
- Tranz Rail to invest at Marlborough
- Transpacific lines hike rates
- US yards press for MSP changes
- Koreans strengthen finance teams
- Common port security policy for EU
- P&O Princess 2Q profit higher
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| JULY 24, 2002 |
- Railroads back on track
Norfolk Southern and BNSF results were spurred by intermodal and general freight, while CP Rail's forecast contrasted sharply with that of competitor Canadian National as both come off second-quarter gains.
- Railcar orders rebounded in 2Q
Railroads increased orders in North America for new freight cars, reversing a four-year trend.
- May showers for NY air cargo
Air cargo exports dropped 8.5 percent at New York metropolitan area airports compared to a year ago.
- ILWU, PMA trade charges
- Cosco to join Customs anti-terror program
- Crowley Logistics, Amerijet in alliance
- China adds fifth port for Taiwan service
- Strategic Technologies files Ch. 11
- Study urges shift of freight from road to rail
- Bangladesh bans port strikes
- Lan Chile, Lufthansa in cargo deal
- Profit for Stelmar Shipping
- Shenzhen's Chiwan booms
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| JULY 25, 2002 |
- TPG signe un important contrat logistique avec Michelin en Amérique du Nord
Michelin Amérique du Nord a signé un contrat de six ans avec TPG pour la gestion de son réseau de distribution de pneus aux Etats-Unis et au Canada. L’accord, qui a été signé par la business unit TNT Logistics North America, a une valeur de “plusieurs millions de dollars”. Il s’agit du plus important contrat logistique jamais signé par TNT en Amérique du Nord.
- Transport De Jongh obtient le certificat GMP
La société Tranport De Jongh à Kallo, filiale du groupe allemand Talke chargée du transport de liquides en citernes et containers-citernes de la société-soeur logistique Talke België, a été certifiée aux normes de qualité GMP. Ce certificat de bonnes pratiques (GMP signifie: “Good Manufacturing / Managing Practice”) concerne les normes à respecter durant la production, le commerce et le transport d’aliments pour bétail.
- Eurogate mise sur une campagne publicitaire pour développer sa logistique internationale
Le manutentionnaire Eurogate vient de passer commande chez Kalmar Industrie d’un portique à containers super-post-panamax supplémentaire de type Nelcon, pour son terminal de Hambourg, ceci pour faire face à la croissance du trafic. En effet, entre janvier et juin dernier, ce terminal a traité 806.690 TEU, soit 111.000 TEU de plus par rapport à la période correspondante de l’année précédente. C’est dire que le score de 2001 avec 1,5 mio. de TEU sera largement dépassé cette année.
- Le nombre d’écopoints pour 2002 ne sera pas réduit
La Commission européenne a décidé hier de ne pas réduire le nombre d’écopoints pour l’année 2002. Cette décision est liée au nombre de voyages de transit de poids lourds en Autriche en 2001, et a été prise sur base de ladite “clause des 108 pour cent”. L’Autriche est donc une nouvelle fois rappelée à l’ordre parce que les données relatives à l’an dernier ne correspondent pas à la réalité. La Commission a donc décidé de redistribuer les écopoints restants pour cette année.
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| JULY 24, 2002 |
- Fain attacks EC's Carnival decision
Clearance of bid for P&O Princess "diminishes transparency" of process, says Royal Caribbean's Richard Fain.
- Stelmar grows earnings again
New York-listed tanker owner makes profit for thirtieth straight quarter.
- Groupe Bourbon wins Petrobras contract
French supply vessel owner inks deal with Brazilian oil producer.
- MSC chooses Sultan Qaboos
Swiss container line reportedly signs up with Omani port for two calls a week.
- Cruise growth potential favours Carnival
EC believes there is scope for competitors to give combined Carnival/P&O Princess a run for its money.
- Korea Line puts faith in the future
Korean owner raises $150m by issuing securities backed by future freight revenue.
- Nino cargo transfer to go ahead on Thursday
Oil set to be pumped off Columbia Shipmanagement's grounded tanker off South Africa.
- Carnival clears European hurdle
US cruise giant's bid for P&O Princess has been approved by the European Commission.
- Transpacific lines try again for rate rise
Group of 14 major carriers still looking to bring in more cash on Asia to US routes.
- P&O Princess bookings recover
Peter Ratcliffe unveils $118m profit as EC prepares to clear hostile Carnival bid.
- New route for Blue Star ferry
Strintzis Lines' Blue Star 1 moved off international route to start domestic service.
- Bank lines up behind Aboitiz
Philippine lender may demand loan repayment if ferry owner WG&A replaces boss Enrique Aboitiz.
- Weaker dollar strengthens Fred Olsen
Norwegian owner's bottom line boosted by unrealised gains on long-term debt in second quarter.
- ST Marine to buy Halter yards
Singapore group in US market breakthrough with acquisition of seven yards from troubled FGH.
- Attransco ups Norden stake
US flag tanker owner makes $1.8m vote of confidence in takeover target.
- Somalia identified as hijack hotspot
The east African nation has virtually become a no go area for shipping.
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