N-W American ports see strong transpacific trade [SINGAPORE] Recovering Asian markets and a robust North American economy are being credited for boosting container traffic through Pacific North-west ports.
Port Klang delays rate hikes till Oct 1
Yangming to beef up logistics arm
Air and Land Transport
4 consortiums bid to build Bangkok airport terminal [BANGKOK] Four international consortiums on Wednesday entered the race to build the main part of Bangkok's new airport, but some bidders expressed concern that the government's budget of US$1.1 billion (S$1.9 billion) was too low.
India to invite bids for Air India, Indian Airlines
CPA launches Penang cargo service
JAL jet forced to return to Jakarta
Indon Air delays debut on political concerns
Delta to change Japan routes
Lufthansa, Siemens card to ease check-ins
Features
New UK terminal may lead to price war [LONDON] THE confirmation of plans by P&O, the British shipping and port building group, to develop a new container port at the Thames Estuary may result in a rate war with rival container ports when the planned terminal comes on stream in 2002.
N-W American ports see strong transpacific trade [SINGAPORE] Recovering Asian markets and a robust North American economy are being credited for boosting container traffic through Pacific North-west ports.
Port Klang delays rate hikes till Oct 1
Yangming to beef up logistics arm
Air and Land Transport
4 consortiums bid to build Bangkok airport terminal [BANGKOK] Four international consortiums on Wednesday entered the race to build the main part of Bangkok's new airport, but some bidders expressed concern that the government's budget of US$1.1 billion (S$1.9 billion) was too low.
India to invite bids for Air India, Indian Airlines
CPA launches Penang cargo service
JAL jet forced to return to Jakarta
Indon Air delays debut on political concerns
Delta to change Japan routes
Lufthansa, Siemens card to ease check-ins
Features
New UK terminal may lead to price war [LONDON] THE confirmation of plans by P&O, the British shipping and port building group, to develop a new container port at the Thames Estuary may result in a rate war with rival container ports when the planned terminal comes on stream in 2002.
N-W American ports see strong transpacific trade [SINGAPORE] Recovering Asian markets and a robust North American economy are being credited for boosting container traffic through Pacific North-west ports.
Port Klang delays rate hikes till Oct 1
Yangming to beef up logistics arm
Air and Land Transport
4 consortiums bid to build Bangkok airport terminal [BANGKOK] Four international consortiums on Wednesday entered the race to build the main part of Bangkok's new airport, but some bidders expressed concern that the government's budget of US$1.1 billion (S$1.9 billion) was too low.
India to invite bids for Air India, Indian Airlines
CPA launches Penang cargo service
JAL jet forced to return to Jakarta
Indon Air delays debut on political concerns
Delta to change Japan routes
Lufthansa, Siemens card to ease check-ins
Features
New UK terminal may lead to price war [LONDON] THE confirmation of plans by P&O, the British shipping and port building group, to develop a new container port at the Thames Estuary may result in a rate war with rival container ports when the planned terminal comes on stream in 2002.
Evergreen America names new top officers Owen Wu was appointed chairman, and Thomas Chen was named president.
FMC Web site hacked Click to view hacked site The intruder defaced the agency's site Thursday morning to protest actions against online music provider Napster.
London shipbrokers to merge The marriage of Seascope Shipping and Braemar Shipbrokers creates a group second only to Clarksons, the world's leading broker.
French fuel price dispute spreads Protests by farmers and truckers over high fuel prices have tightened regional supplies.
Cosco box unit beefs up stock, eyes rate hike Line outlines investment of $43 million in new containers and plans boost in charges of about 5%.
Mixed signals across the trade spectrum Improving U.S. ties with India is one of President Clinton's remaining foreign policy goals.
Pasha Hawaii adds car carrier
CSX World Terminals plans new Euro headquarters
Fosse elected president of Pacific port authorities
Galveston cements bulk milestone
Customs seizes vessel in anti-drug move
Nextlinx, G-Log in partnership
Expeditors envisions China growth
UPS Logistics on acquisitions trail: Exec
Koch to address maritime group
Israel government rejects Zim privatization plan
Star Shipping adds ship to Houston-Europe service
ABP profits up as US ports unit improves
TMM says Laredo financing in the bank
Police seize heroin shipped through Vancouver port
Aker Maritime buys out Gulf yard partner Aker Maritime has decided to buy out its partner, Peter Kiewit Sons, Inc, in the Aker Gulf Marine yard in Texas
Integrating ferries and highways to cut smog A study will examine how an expanded high speed passenger ferry system in the San Francisco Bay Area can be best integrated into an existing commuter system to reduce greenhouse gases and pollutants such as CO2 and NOx .
Seven million cruise passengers by year's end? For the second quarter in a row, cruise passenger carryings far outpaced industry capacity increases, says CLIA. the Cruise Lines International Association.
French fuel blockade stops Helvetica A NEW Channel ferry operator, which is planning to fly lorry and car drivers over the Channel while taking their vehicles by sea, has blamed the disruption caused by French hauliers' protests over fuel prices for its decision to delay the launch of the service.
Crewing rules face global overhaul INTERNATIONAL shipping labour standards are set to undergo their most comprehensive overhaul for decades in a move that will clarify rules for both operators and crews.
Lloyd's recruits Moss for top job LLOYD'S has chosen a top outsider, from the world of banking, to take on its main finance job, writes James Brewer.
ABP profits surge after shake-up ASSOCIATED British Ports yesterday reported a 16% jump in pre-tax profit for the six months ended June 30, boosted by strong throughput growth and organisational changes aimed at focusing the group on its core ports businesses.
Delwaide gets tough on Schelde ANTWERP Port Authority president Leo Delwaide has said he will seek arbitration in the international court if the Dutch continue to delay talks on a further deepening of the river Schelde.
Officials discount Estonia bomb claim CLAIMS that new video footage of the wreck of the Estonia may prove that a bomb explosion sank the ill-fated vessel have been discounted by Finnish officials who investigated the tragedy.
Northern Offshore split lures Fredriksen into oil TANKER tycoon John Fredriksen has now emerged as the force behind an Oslo-listed oil minnow following a two-way split of Northern Offshore, the floating production enterprise in which his Hemen Holding has a majority.
Police look through the remains of two cargo trains Police look through the remains of two cargo trains which collided head-on in the Basque region of northern Spain yesterday, sending one locomotive plunging into a river. Four people, the drivers and conductors of each train, died in the accident, which happened 60 km from Bilbao on the line between the town of Carranza and the city of Santander. A statement for the owner of both trains, Ferrocarriles Espa'oles de Via Estrecha, said that one of the trains had left a station out of its usual schedule and should not have been on the track at the time. Both trains were loaded with aluminium.
CMA CGM s’affirme sur l’AN et reprend 10% d’ACL Il y a quelques jours à peine les commentateurs boursiers s’interrogeaient sur la signifaction de la reprise par une entité appelée Mars Shipping INC BVI de 10,04% des actions de l’armement Atlantic Container Line. Et de s’interroger sur l’identité, voire l’appartenance de ce repreneur. D’aucuns n’hésitaient pas à envisager un rapprochement avec le groupe Grimaldi (Naples), qui quelques jours plus tôt avait repris 33,95% des actions de cet armement. Une autre transaction est également intervenue entre-temps, menée par la Banque Orkla Enskilda Securities, qui s’accaparait de 5% des actions, or cette dernière avait paraît-il conseillé Grimaldi dans son opération. De là à conclure qu’Emanuele Grimaldi poursuivait un raid, il n’y avait plus qu’un pas que nous ne franchirons pas... étant donné que le nouvel actionnaire d’ACL, via Mars Shipping INC n’est autre que l’armement français CMA CGM.
Sans approfondissement de l’Escaut, Anvers verra sa croissance s’arrêter La première phase de l’approfondissement de l’Escaut s’est avérée un énorme succès pour le port d’Anvers, ce qui ressort de la croissance du trafic et de la part de marché dans le secteur containérisé. Mais sans une nouvelle perspective, la tendance s’inversera et le port sera confronté à un recul. Car la croissance est le résultat de la confiance des armements dans une poursuite des travaux d’approfondissement du chenal de navigation et dans le développement de la navigation indépendante des marées”, a affirmé hier l’échevin du port d’Anvers Leo Delwaide lors de la présentation d’une version actualisée de l’analyse coûts/bénéfices réalisée en 1996 pour la première phase (jusqu’à 11,6 mètres). Dans le cadre de cette actualisation, Policy Research Corporation a également étudié l’impact économique d’une poursuite de l’approfondissement jusqu’à 15 mètres de navigation indépendante des marées. Si ces travaux sont effectués, les bénéfices en termes de valeur ajoutée, de rentrées pour les pouvoirs publics et d’emploi seront multipliés par un facteur d’environ 2,5. De plus, une étude sur les évolutions morphologiques de l’Escaut démontre selon le professeur Jean-Jacques Peters que l’approfondissement pourrait contribuer à la préservation de l’environnement et à la sécurité, si une stratégie de dragage adéquate est utilisée. Delwaide a par ailleurs appelé les gouvernements flamand et belge à recourir aux procédures d’arbitrage international si les Pays-Bas tentaient de ralentir le dossier pour défendre leur intérêts économiques.
Les transporteurs routiers français poursuivent leurs actions malgré les concessions de Gayssot Hier midi, l’association française des transporteurs routiers FNTR annonçait qu’elle poursuivrait ses actions après concertation avec ses membres. Elle juge insuffisante les propositions du ministre du Transport Gayssot, à savoir une baisse de l’accise de 35 centimes par litre en 2000 et de 25 centimes/litre en 2001. A ce moment même, plusieurs villes françaises étaient confrontées à d’énormes embouteillages suite aux longues colonnes de taxis, d’autobus et d’ambulances qui paralysaient la circulation, tandis qu’à Paris, la Seine était bloquée par des bateliers mécontents. L’atmosphère se dégrade également dans les pays voisins. Même la Commission européenne estime que les prix du pétrole sont inacceptables. Elle a l’intention d’envoyer un signal politique à l’OPEP.
La SNCF en avance sur ses objectifs fret Au vu des résultats en tonnes/kilomètres (t/k) à fin juin, donc sur l’ensemble du 1er semestre 2000, la SNCF (chemins de fer français) est en avance de cinq points sur ses objectifs fret. Au sein d’une progression globale à +9,53% par rapport à la même période de l’exercice 1999, le trafic combiné rail/route affiche pour sa part +11,18%.
ITF deal gives $550m savings Shipowers and managers covered by the recent pay deal between the ITF and IMEC stand to make big savings in crew costs.
DSD poised for big profit on Aframax resale Brokers argue that what appears to be a strong price rumoured on an Aframax tanker resale is a realistic level.
Brittany Ferries orders Channel newbuilding The French ferry operator is going Dutch for a 36,000 gt vessel set to cost $120m.
Abandoned cargoship named rustbucket Port state control authorities in the Paris MOU region have singled out the Seerose 1 as their latest "rustbucket of the month".
No stowaways found on diverted ship, but search continues US Coastguard personnel have opened a container from a cargo vessel docked in Alaska, but found nothing, despite crew hearing pounding from inside during voyage.
DNV wins US flag newbuilding contract Norwegian classification society makes US newbuilding breakthrough.
Premuda buys Almare from liquidator Italian owner in $54m deal that gives it control of two Aframax tankers.
AMPTC confirms tanker order The Egyptian owner has invested money from last month's vessel disposals in new tonnage in Korea.
ABP pushes ahead with new port project Port operator Associated British Ports Holdings wants to progress plans for a new giant container terminal in the UK.
Braemar and Seascope set to merge Top London brokers Braemar and Seascope are planning to hook up as consolidation continues in the shipbroking world.
Seascope boss speaks on Braemar merger The proposed merger between Braemar and Seascope is the "first major merger among London shipbrokers for 33 years", according to Seascope chief Tom Young (right).
Teekay wins FSO contract Despite surging Aframax freight rates Teekay is to convert one of its ships into an FSO for operation off Australia.
Bulker hits pier at Balboa, Panama A Maltese-flagged bulk carrier will need repairs to its bow after a collision at the Pacific end of the Panama Canal.
OMI mulls fleet expansion US tanker owner OMI is in a stronger position to add to its 20 Suezmax and product carriers after reducing debt payments, according to chief executive officer Craig Stevenson (left).
VLCCs in demand for time-charter deals Rates are creeping up for long-term VLCC charters, as the deadline approaches for offers on ExxonMobil's five-year enquiry.
Royal Bank of Scotland cashes in on Frontline Financier Royal Bank of Scotland has exercised an option to acquire new shares in John Fredriksen-controlled tanker giant Frontline.
LASCO sell-off may slip to 2001 The sell-off of state controlled Latvian Shipping Co may not get underway until next year, although the project has an end year deadline.
Greek bulker spill draws legal action Local authorities in the Greek coastal areas affected by oil spilt from a sunken cement carrier are taking legal action.
Cosco Pacific pursues bigger profits Hong Kong container leasing and terminal operating company Cosco Pacific has made an interim profit - and immediately announced a 5% hike in its lease rates.
OneSea steps up e-commerce challenge The marine dot.com headed by Arvid Bergvall is tying up with buying venture set up by Teekay, World-Wide and Acomarit.
Shipping operations lift Labroy profits Interim pre-tax profits at Labroy Marine improved as its shipping activities benefited from both an improving Asian economy and freight rates, but shipbuilding suffered.
VSC expands down under Monaco-based shipping group Vlasov Services Corporation has snapped up Sydney ship operators Scottish Shipowners & Managers in a bid to grow its business in Australia.
Acomarit legs it to Isle of Man Ship manager Acomarit is shifting its headquarters from Bermuda to the Isle of Man.
Arbitration on H&W crisis Fred Olsen reveals cost of supporting troubled Belfast shipyard that faces closure if arbitration result is unfavourable.
DFDS poised to sell logistics arm Danish transport group DFDS is redefining its shipping and logistics business in a move that could see DFDS Dan Transport being sold off.
Global Carriers restructuring moves ahead Company boss Mohamad bin Hashim (right) says Global Carriers hopes to get its restructuring plan approved this month and is going ahead with the scrap sale of 10 bulkers.
Jacobs makes interim loss Costs generated by its car recovery and delivery businesses have hit results at the UK's Jacobs Holdings, but its shipping division turned in a profit.
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