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| AUGUST 29, 2002 |
Shipping News
- Klang terminals urged to meet competitive challenges
MALAYSIA's deputy prime minister has urged Port Klang's Northport and Westport container terminals to rise to the challenge of growing competitive pressures including that posed by Singapore.
- Surcharge on US box imports from Asia extended
- China Ocean Shipping to sell 2b yuan bonds today
- Norwegian ship ordered into French port after collision
- S Korea- EU talks have little impact on shipyard shares
- Privatised Sydney terminal plans expansion
Air and Land Transport
- Air NZ shares slide on bleak earnings outlook
AIR New Zealand's shares had their biggest intra-day drop in three months yesterday after the national carrier said earnings will not improve soon following its third year of losses.
- China Eastern to buy Yunnan, Northwest assets in 18 months
- Boeing eyes ventures with M'sian companies
- Union urges machinists to reject Boeing contract offer
- US fighter jet escorts flight after 'miscommunication'
- New German budget carrier
Features
- Massive railway to link Shanghai to interior
CHINA plans further ambitious transport projects to link Shanghai, its commercial capital and largest port, with other vital economic centres on the coast and deep into the less-developed interior.
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| AUGUST 29, 2002 |
- Maersk to deploy the 6,600 TEU Columbine Maersk
- Ecu-Line begins direct Antwerp/Montevideo groupage
- OTAL relocates port operations in Amsterdam
- Schenker unit gets 3-year contract from Swedish firm
- Beaumont port reshuffles management, five named
- TMM Lines launches North America / Africa service
- China Southern boosts profits, vows to raise market share
- US Airways: Employees agree to restructuring
- U-Freight gets ISO 9001, names new manager, opens branch
- Northwest plans new link from Minneapolis/St Paul hub
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| AUGUST 28, 2002 |
- UPS with multi-modal service
UPS launched a new ocean option for shippers who manufacture goods in China and Brazil and import into the United States.
- Federal Armed Forces sign with Deutsche Post
Deutsche Post World Net will in future take over the domestic and international dispatch of light material and urgent documents for the German Federal Armed Forces.
- APL in slot deal with Hanjin
Neptune Orient Lines' (NOL) container arm APL has taken 200 weekly slots on Hanjin's CEX Asia Europe service after signing a six-month agreement, which began mid-August.
- US Airways wants to cancel labour contracts
US Airways asked the court handling its Chapter 11 bankruptcy case for permission to cancel current labour agreements that apply to about 19,000 workers if it cannot negotiate less expensive contracts with them.
- Kuehne & Nagel gets Chinese NVOCC License
Kuehne & Nagel Ltd. has recently acquired a license to operate as an NVOCC (non-vessel operating common carrier) in China.
- Loss Air New Zealand because of Ansett
The charge of NZ$389m relating to Ansett caused Air New Zealand to report a NZ$318 million ($ 150 million) loss for the year to June 30. However, John Palmer, chairman, said the progress being made on its recovery was faster than expected.
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| AUGUST 29, 2002 |
- Continental Carriers, Hellmann Worldwide join hands to offer best logistic solutions
- Decks being cleared for wheat export to Sri Lanka
- Interface to help southern small, medium units tap Arab markets
- Lax Indonesian law boosts India, China flour trade
- Dumping duty on imports of citric acid imposed
- Korea aims to become top investor in India
- US panel rejects dumping duty plea on Indian steel, 4 others
- TPT seeks govt’s sanction to set up SEZ
- TPT to reintroduce package marine charges
- Adani group wins Petronet’s Dahej terminal deal
- New record in unloading of break-bulk cargo set by Mumbai Port
- Delayed rains fail to dampen corporate India’s spirits
- Govt to grant Rs 50 cr. for 3-year tea promotion drive in Russia
- Sponge iron units plead for 15 pc dumping duty
- Icra study sees narrowed scope for man-made fibre, yarn projects
- Ficci, Korean body to set up special IT panel
- RBI to continue soft rate policy: Jalan
- Silk exports may exceed target by 10 pc
- Earlier AEPC deadline for quota transfers dismays garment exporters
- Rajasthan allots Rs 1,500 cr. on improving road
- Fieo panel clears Director-General Ranjit Lall’s ouster
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| AUGUST 28, 2002 |
- Oil slips as OPEC sources talk of high prices and possible supply increase
- African market report from GAC
- Demand still running high in Tallinn
- Fuel oil firms in St Petersburg
- APIs a mixed bag
- Daily Bunker market report from Praxis Energy Agents (Tuesday)
- Brazilian fuel oil continues to rise
- 380cst supply proves popular in Saudi ports
- More selling interest in Rotterdam today
- Hong Kong ignores Platts rise
- Argentina market update
- Barge still fully booked in Montreal
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| AUGUST 28, 2002 |
- Univar reports first half results of 2002 with sales of USD 2,266 million and a net income of USD 7.1 million
- MOL to launch two new 150-ton middle heavylifters
- First shipment of Volvo cars arrives in Brunswick
- Swissport acquires leading cargo handling specialist
- Kuehne & Nagel is granted NVOCC licence in People's Republic of China
- TIMCO completes first of several Airbus A300-600 C checks
- "CSCL Seattle" calls at Felixstowe
- Gantry crane maintenance at Dammam Port
- Pacific carriers extend peak season surcharge
- All Nippon Airways receives first Boeing 767 freighter
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| AUGUST 28, 2002 |
- $14 million Title XI application for barge series
Cashman Equipment Corp. has filed an application for a Title XI ship loan guarantee o construct a series of 29 steel deck barges.
- No accord in EU and Korea shipbuilding talks
South Korea says that the two-day Korea-EU bilateral negotiations to resolve the shipbuilding dispute between the two parties failed to produce any agreement.
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| AUGUST 28, 2002 |
- Corps of Engineers holding public channel meeting in Longview
- Portland International Airport sees passenger counts drop in July
- Boeing ends negotiations with contract offer to machinists
- Transpacific carriers extending peak season charge on 40-foot boxes
- General Dynamics subsidiary wins $2.8 million Navy contract
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| AUGUST 29, 2002 |
- Bow Eagle crew members admit collision cover-up
The Norwegian chemicals tanker operator, Odfjell, provoked outrage in France yesterday after revealing that the crew of one of its vessels had tried to cover up its involvement in a night-time collision with the French trawler, Cistude, in which four fisherman lost their lives.
- AP Møller lifts veil on $10bn assets
SHARES in AP Møller’s two listed companies soared yesterday in record trading volumes as the group revealed more about its true worth than ever before.
- Shipping’s big-hitters step up battle against US clampdown on shore leave
FIVE big-hitting organisations representing the rank and file of international shipping have stepped up the fight against the introduction of draconian restrictions on shore leave for seafarers in the US.
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| AUGUST 28, 2002 |
- Time to re-write collision rules?
- Venezuela to resume Cuba shipments
- Møller shares boosted by results
- Aruba defies tourism slump
- Training school demands answers
- Cosco Investment upbeat
- North-Western hit by boardroom coup
- Barcelona mum on Rico rumour
- Crew refuse to proceed with voyage
- Al Najat departures put back
- Chinese put rulings in English
- Fire on cat undergoing sea trials
- Eidsiva switches into car carriers
- Visa changes turn tourists away
- Bow Eagle crew admits collision
- Further delay for Golar LNG listing
- Kværner Philadelphia CEO replaced
- Seyang seeks exit from receivership
- US port union plays security card
- Winner crew to take legal action
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| AUGUST 28, 2002 |
- West Coast contract talks shift focus
Contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association turned to security issues and worker benefits.
- Maersk Sealand expects loss in '02
A.P. Moller, the Danish shipping, energy and industrial group, said lower tanker and container freight rates would push its ocean transport division to a loss for all of 2002.
- Supertanker rates near 10-year lows
Daily rates plummet despite a spike in the price of crude oil amid fears that an attack on Iraq by the United States could disrupt shipments from the Middle East.
- Calif. bills will impact marine terminals
- No progress in shipbuilding talks
- Mixed results for China box makers
- Atlas Air shuffles sales, marketing
- Schenker opens Russia service center
- Green light for BNSF Texas chem line
- NorthAmerican Logistics names execs
- Kuehne & Nagel gets China NVOCC license
- CN dispatchers approve pact
- Seaway honors Ports of Indiana
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| AUGUST 29, 2002 |
- Contship CL confirme son engagement à la desserte de l’Australie/Nouvelle-Zélande
L’armement Contship Containerlines, filiale de CP Ships, a réceptionné le premier de 3 PC de 4.100 TEU (capacité reefer 1.300 prises), le “Contship Aurora”, qu’il alignera dès le 16 septembre prochain dans le cadre d’un service conjoint tour du monde axé sur la desserte Europe-Australie, Nouvelle-Zélande. Ce nouveau tonnage va remplacer des navires plus petits que l’armement aligne actuellement dans son service Eagle. Pour cet armement ce nouvel investissement confirme son engagement à très long terme dans ce trafic. En outre, il s’agit du plus grand type de navire commandé par Contship jusqu’ici et qu’il exploitera sous sa bannière.
- Baisse du trafic fluvial en Allemagne
Les voies navigables allemandes ont transporté 114,5 millions de tonnes de marchandises au premier semestre de l’année. Par rapport à la même période de l’an passé, cela revient à une baisse de trois pour cent. Les prestations de transport ont baissé dans le même temps de 4% à 30,7 mia. de t/km. C’est ce qui ressort des chiffres provisoires du service de statistiques allemand.
- Multratug teste un remorqueur révolutionnaire sur l’Escaut occidental
Le monde du remorquage est-il à la veille d’une révolution? Si les tests pratiques effectués par le remorqueur du type Carrousel “Multratug 12” confirment les résultats des essais en laboratoire de génie hydraulique, le secteur du remorquage pourrait à court terme décider de se tourner vers ce nouveau type de remorqueur.
- Ambrogio note une progression de 12% des volumes au premier semestre
Il y a maintenant plus de trente ans que le groupe italien Ambrogio utilise la technique du transport combiné rail/route pour apporter une solution aux transports européens sur longue distance, surmontant les barrières géographiques et répondant aux préoccupations de mobilité durable et aux nouvelles exigences en matière de temps de conduite. Avec succès puisque le groupe assure le transport de grands flux de marchandises industrielles au profit de l’industrie chimique, de la sidérurgie, du papier et de l’alimentation, pour des clients fidélisés depuis des années. Au premier semestre 2002, les volumes transportés ont augmenté de 12%.
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| AUGUST 28, 2002 |
- Strike on hold at Szczecin shipyard
New Szczecin boss was in Norway to negotiate new chemical tanker newbuilding contracts.
- US border patrol finds missing Egyptian crew
Egyptian ship jumpers may be deported at shipping agent's expense.
- Contship rejigs Australia-Europe service
New Contship Aurora will begin operations on 16 September.
- Bow Eagle limping to Rotterdam
Dutch investigators will board the chemical tanker upon arrival early Thursday.
- CCL snaps up Szczecin boxships
Costa Container Lines steps in to take German ordered boxships.
- Berlian Laju Tanker posts higher profit
The Indonesian tanker owner's first half net profit rose 19% from previous year to $10.02m.
- Exchange gains save AP Moller's blushes
Tanker and liner operations of Danish giant dipped into red in first half, if currency items are excluded.
- Tanker brokers to boost futures trading
Mallory Jones Lynch Flynn and Lorentzen & Stemoco are co-operating in tanker derivative market.
- First Steamship reduces operating loss
Taiwanese bulker owner's net first-half profit falls, but operating figures improve.
- Frontline eyes BP suezmax business
John Fredriksen's tanker giant details its decision for quitting VLCC pool Tankers International.
- Attica buoyed up by extraordinary pay outs
Vessel sales and late delivery payments boost income for Greek ferry operator.
- Cosco Investment plans fleet expansion
Singapore arm of Cosco empire looking to boost number of bulkers.
- Bow Eagle struck fishing vessel
Odfjell tanker crew own up to collision despite earlier denials.
- Halim Mazmin profit climbs
Halim Mohammad's company plans to expand fleet when it sees the right opportunity.
- James Fisher rides out weaker tanker market
UK owner increases profits again despite slump in contract volume in first half.
- Blaze on ferry at Austal yard
Ship nearing completion in Australia suffers minor engine room fire.
- MOL orders heavylift duo
Japanese shipping giant is ordering new smaller ships better suited to intra-Asian trades.
- Pettersson named as new MacGregor boss
Ex-crane department head lifted to top spot at Scandinavian cargo access equipment company.
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