 | web site |
| SEPTEMBER 25, 2002 |
Shipping News
- Expect higher rates next year: transpacific carriers
THE alliance of 14 major transpacific carriers has warned shippers that they intend to hike freight rates next year by US$700 per 40-foot container as well as pass on any 'government-mandated' port and maritime security costs.
- NOL's logistics unit CEO quits
- US customs officers in M'sian ports: KL to decide in 2 months
Air and Land Transport
- European airlines beef up alliances to fight slump
A global civil aviation downturn sparked by the Sept 11 attacks has instigated closer cooperation among some of the leading European carriers and spurred the rise of cut-rate airlines.
- FedEx to offer drop-off services at S'pore post offices
- Qantas to use 2/3 of a Sydney terminal
- United unions expected to offer cost-cutting plan soon
- Air France to boost domestic travel
- Log Book
|
 | web site |
| SEPTEMBER 25, 2002 |
- Danzas' latest MNG in Sri Lanka
- Haba-Sped beefs up Indonesian presence with new offices
- Qingdao Tianfeng Logistics looking for Hong Kong
- Fellowes honours Maersk Logistics for vendor service
- Tripartite Shippers' reject IATA resolution on low density
- Frankfurt to become Panalpina's third European hub
- Gulf Air cargo rises in first half
|
 | web site |
| SEPTEMBER 24, 2002 |
- Chief of APL Logistics steps down
Neptune Orient Lines (NOL) announced that it replaced the CEO of APL Logistics (APLL), Dick Metzler, by NOL Group Chief Information Officer, Hans Hickler.
- BA to suspend Charlotte services
British Airways will suspend its daily service between Charlotte and London effective Sunday, Oct. 27, 2002, the start of the airline's winter schedule.
- CFO Vopak has to leave
Vopak announced that Reinier Siepman, Senior Vice President and CFO, will leave Vopak per October 1st to continue his career elsewhere.
- Swissair's bankruptcy could have been averted
UBS AG, Switzerland's biggest bank, spurned a government offer of financial help which might have averted the grounding of Swissair Group's in October 2002, a Swiss parliamentary report said.
- Hutchison denies Shanghai problems
Hutchison Port Holdings (HPH) group managing director John Meredith denied that Hutchison's investment in Shanghai's Waigaoqiao port has been stalled over disagreement with its partner, Shanghai Port Authority, on setting port fees.
- Higher profits expected US truckers
Many of the US trucking companies are expected to post higher third-quarter 2002 profits, aided by improving demand and the recent round of industry consolidation.
- Christian Salvesen optimistic
Improvements in productivity and management would enable Christian Salvesen, the UK logistics company, to meet market expectations for its interim results.
|
 | web site |
| SEPTEMBER 25, 2002 |
- Shipping Ministry against DCI sell-off now: Pinto
- Indian Oil shipment sails from Chennai Port to Colombo
- MTI to be demerged before SCI disinvestment begins
- Hamriyah free zone holding roadshows to lure cos
- Indiatech fair to open in Melbourne today
- Thailand invites India, 3 others to form rice export club
- Software exports to US growing at over 25 pc in current fiscal
- India seeks talks with China on import of needles
- India edges out Brazil from Far Eastern sugar markets
- Karnataka to import garlic from China
- EC suspends move to inspect Indian seafood
- Campaign to enhance brand equity of Indian seafood in US
- Concor joins KoPT move to lure more box traffic
- Safety measures make Vizag Port accident-free - Productivity up by 14 pc
- Study calls for imposition of levy on users of transport system to finance projects
- Finance Ministry clips IA’s wings
- RBI extends interest rate ceiling on rupee export credit till April 2003
- Scanty rain lowers crop prospects
- India-Oman gas pipeline project shelved
- High interest rates have kept economic activity at low key, says NCAER
- India concerned about differential crude prices
- IMC chief flays downgrading of India’s rating
- Forex reserves come down to $ 62.021 bn
- ITPO to organise Indian entry for Milan Fair
- Need for strategies to achieve global competitiveness stressed
- No subsidy for sugar re-export: Yadav
- No EIA clearance needed for projects involving investment below Rs 100 cr.
- Gist of public notices/circulars/notifications - Compiled By M. Sreedharan
- R. V. Subba Rao on ECGC Board
|
 | web site |
| SEPTEMBER 24, 2002 |
- Daily Bunker market report from Praxis Energy Agents
- New player on the scene in Russia's northern capital
- Norway wary of Murmansk exports
- Caspian pipeline needs volume
- IEA dismissive of dangers from Iraqi oil supply disruptions
- Busan makes the most of a stable market
- Hong Kong market gets all bullish again
- Isidore and Iraq push crude to 2002 high
- Rotterdam continues firming
|
 | web site |
| SEPTEMBER 24, 2002 |
- Major Chinese order for Wärtsilä
Wärtsilä has signed an agreement with China's Shanghai Edward Shipbuilding Co. It covers the supply of complete propulsion systems for five chemical tankers.
- Inmarsat offers new services
Inmarsat Ltd. today used the SMM event in Hamburg, Germany, as the opportunity to unveil the two newest members of its Fleet family of services,
|
 | web site |
| SEPTEMBER 25, 2002 |
- AP Line in pledge to continue carrying UN aid to Iraq
French boxship giant CMA CGM operates a feeder run between Khor Fakkan and the Iraqi port Umm Qasr which started earlier this year.
- Accountancy giants bid to lift shadow over Liberia
THREE international accounting firms yesterday submitted bids to the Liberian government on a contract to monitor the use of revenues from the country’s shipping register.
- Chiquita plans to bend banana focus
CHIQUITA Brands, one of the biggest players in the refrigerated shipping trades, yesterday unveiled plans to reduce its reliance on the North American and European Union banana markets by building up business in other parts of the world, writes Janet Porter .
- Senator jobs at risk as services face the axe
German liner shipping specialist Senator Lines, which is controlled by Hanjin Shipping, is considering axing some of its services which could lead to job losses at the Bremen-based company.
- Insurers feel brunt of investor panic
INSURERS yesterday took another market plunge as the sector’s depleted equity investments spurred further investor panic amid a seven-year low for London’s FTSE index, writes Jerry Frank.
|
 | web site |
| SEPTEMBER 24, 2002 |
- French hope for better grain season
- Russian ports can't handle exports
- Walk-on part for Mombasa
- MSC doubles Asia-Europe service
- S American trade 'needs surcharge'
- Lost Rubino containers retrieved
- Africans woo cruise lines
- Moves made on productivity pay
- Belgian liner operator goes under
- Brussels boosts maritime R&D
- High target for new forestry port
- EC addresses shipbuilding strategy
- PSA Corp strengthens China ties
- Thai reform gathers momentum
- October launch for French reform
- Bolivia stalls LNG export talks
- Philippines joins terror initiative
- Sarris fills Greek ferry vacancy
- APL Logistics loses chief exec
- Venezuelans hit by terrorism claim
- World City project 'still alive'
- Further attempt at Balearic link
- HDW chairman Lederer quits
- Maersk pull out worries Lyttelton
|
 | web site |
| SEPTEMBER 24, 2002 |
- Hot August for West Coast boxes
Containerized imports increased again in August, confirming reports from shipping lines that this year's peak shipping season will be stronger than usual.
- Deadline looms for Halifax box bid
At least three terminal operators are bidding for a long-term lease to operate one of two box hubs at the Nova Scotia port.
- Taiwan speeding direct China ties
Direct transport links between Taiwan and China could get a green light after the government completes a review of the issue in the coming weeks, the island's premier said.
- No contract progress as boxes jam West Coast
- USSEC holds line on bunker charges
- False alarm for Maersk Sealand vessel
- Hutchison denies Shanghai row
- China completes Yangtze entry dredging
- Danzas will open Sri Lanka gateway
- Kuehne & Nagel expands in Central America
- D.F. Young files for C-TPAT
- eCargo USA picks Tradevision software
- General Dynamics gets Coast Guard response system contract
|
 | web site |
| SEPTEMBER 25, 2002 |
- Le “manifeste sécurisé” risque d’entraver la fluidité du transport de marchandises
La douane américaine a annoncé cet été qu’elle désirait désormais disposer du manifeste 24 heures avant que le navire ne soit chargé en Europe, alors que certains termes du manifeste ne seront plus acceptés. Cette annoncé à suscité de nombreuses réactions dans les milieux maritimes. La communauté portuaire anversoise, qui a pleinement coopéré aux initiatives de sécurité de la douane américaine dès le début, se pose de nombreuses questions sur les conséquences pratiques de cette exigence. L’AGHA a regroupé ces questions et les à remises aux autorités douanières américaines. Dans ce contexte, une réaction rapide de la douane américaine et des éclaircissements sur la responsabilité du co-chargeur, des ports et des agents portuaires qui ne participent pas au programme Container Security Initiative (CSI) sont les principales préoccupations.
- Zeebrugge: StoraEnso confronté à la nécessité de développer son terminal
Le grand terminal forestier du groupe StoraEnso qu’exploite SeaRo Terminal dans l’avant-port de Zeebrugge doit faire face à une forte expansion de son trafic de papier et partant, il est devenu indispensable de procéder à son expansion. Ledit terminal fonctionne actuellement à plein régime, soit 100.000 t de papier à réceptionner et à distribuer par mois ou 1,2 mio. de t/an. Des études relatives à une phase d’expansion sont en cours, et des décisions devraient tomber prochainement.
- Le monde du transport déçu par le résultat des élections en Allemagne
Les associations allemandes de transporteurs ont réagi avec scepticisme aux résultats des élections parlementaires en Allemagne. C’est ce que rapporte le Deutsche Verkehrs-Zeitung. Les représentants des différents métiers du secteur ont insisté sur la nécessité d’harmoniser les conditions de concurrence au sein de l’UE, et ils ont appelé le futur gouvernement à oeuvrer en ce sens.
- Transpacifique: des contrats de services “flexibles”... à la hausse
Bien que l’on assiste à un boom des exportations chinoises vers l’Amérique du Nord (également vers l’Europe), les armements qui opèrent sur le secteur transpacifique restent confrontés à de graves problèmes, qui résultent de la surcapacité considérable qui subsiste sur ce théâtre opérationnel. Il est devenu impératif pour ces armements de générer plus de revenu, donc de procéder à de nouvelles adaptations tarifaires. Parallèlement certains acteurs en sont réduits à procéder à des rationalisations au niveaux de leurs services.
|
 | web site |
| SEPTEMBER 24, 2002 |
- Genmar stock sinks to new low
An investor's registration to sell 100,000 shares adds to bearish tone.
- Bermuda Container Line posts lower revenue
Revenue for January-June dropped by 5.13% from a year ago to $13.75m.
- Rough seas shut down LOOP
Louisiana Offshore Oil Port will remain closed until weather conditions return to normal.
- Thin supply boosts VLCC rates
Rates for West Africa-US Gulf move up by about 6 World Scale points from last week.
- Weak tanker outlook cuts earnings estimates
JP Morgan lowers earnings per share estimates for Teekay, Genmar, Stelmar and Tsakos Energy.
- Sunship homes in on bulker order
China's Guangzhou Wenchong shipyard to build four 27,000-dwt ships for German owner.
- Bad weather delays Jolly Rubino fuel transfer
Increasing swell means ship-to-ship transfer unlikely for another three days.
- Ferry rapped for potentially disastrous near-miss
New Zealand accident investigators recommend traffic management revamp in Tory Channel.
- EU blasts Korean shipbuilders
Erkki Liikanen opens Hamburg's SMM exhibition with warning shot for Korea-EU yard talks.
- Aframaxes to ship Russian Arctic crude
Russia's oil export ambitions are set to make another leap forward this year.
- Beluga ups newbuilding tally
German owner adds two more heavy-lift multipurpose ships at Bodewes Scheepswerf Volharding.
- Uljanik poised to tie up four-ship deal
Croatian yard awaits confirmation of tanker and car carrier newbuilding deals.
- Insurers get union-minded
Joint Hull Committee hopes to tap unions' insight into human factors in casualties.
- MISC profit set to slide
Non-LNG business fortunes set to drag down returns for Malaysian owning giant.
- UK holds eight ships
Algerian bulker and seven general cargoships failed port state inspections in August.
- Lasco signs up for two log bulkers
US owner bolsters pool play with Imabari newbuildings.
- Pertamina VLCC forced offhire
After fighting for months to fix tonnage for its time-charter requirement, the charterer has had to accept a substitute.
- HMM shareholders give car carrier deal green light
D-day for the unit's handover to new Korea-European joint venture is 15 October.
|
|
- Piazza Matteotti 1/3 - 16123 Genoa - ITALY
