China to offer global turnaround: PSA chief CHINA's looming entry into the World Trade Organisation is the key to a global economic turnaround for the shipping and port industries, PSA Corporation chairman Yeo Ning Hong said yesterday.
K Line to launch another China service
Ship in rescue row arrives in Singapore today
Santa Fe to buy Global Marine for US$3b in stock
Air and Land Transport
Virgin Blue spurns A$250m Air NZ offer VIRGIN Blue, Richard Branson's Australian discount carrier, rejected a A$250 million takeover offer by Air New Zealand Ltd and said it would focus on expanding independently instead.
China to offer global turnaround: PSA chief CHINA's looming entry into the World Trade Organisation is the key to a global economic turnaround for the shipping and port industries, PSA Corporation chairman Yeo Ning Hong said yesterday.
K Line to launch another China service
Ship in rescue row arrives in Singapore today
Santa Fe to buy Global Marine for US$3b in stock
Air and Land Transport
Virgin Blue spurns A$250m Air NZ offer VIRGIN Blue, Richard Branson's Australian discount carrier, rejected a A$250 million takeover offer by Air New Zealand Ltd and said it would focus on expanding independently instead.
USS Cole set for relaunch Over the Labor Day weekend USS Cole was rolled onto Ingalls' floating drydock in preparation for launch on Sept. 15, 2001.
Wärtsilä power module for FPSO A 5,800 kW power module being installation on board the FPSO vessel Berge Hus is powered by a Wärtsilä 18V32DF dual-fuel engine that will burn produced gas.
Bollinger upgrades Port Fourchon yard Bollinger Shipyards' repair and conversion yard at Port Fourchon, La., on the Gulf of Mexico, can now accommodate rigs, ships and boats with drafts to 27 feet.
Bollinger delivers another 145.5 ft utility boat Ms. Caroline, the first of four 145.5-foot utility vessels being built for Guilbeau Marine, Inc., Cut Off, La. by Bollinger Shipyards, Inc., Lockport, La., has been delivered
Major penalties for polluting Mississippi The EPA reports that three Baton Rouge tugboat service companies, McKinney Towing, Inc., McKinney Harbor Towing, Inc., and Slidell Towing, Inc., and the president of the companies, Glenn McKinney, pleaded guilty last month to violating the Clean Water Act by pumping a mixture of oil and water into the Mississippi River.
Global Marine and Santa Fe to merge Global Marine Inc. and Santa Fe International Corporation have entered into a definitive agreement to merge in a stock-for-stock transaction that will create the world's second largest offshore drilling contractor
Major gains for Liberian Registry Despite an ITF plea for shipowners to break their links with the Liberian flag, the Liberian Registry has seen rapid growth this year, with new registrations for the year to date to August passing 5.6 million gross tons.
Northern Offshore to reactivate MODU's Northern Offshore Ltd says the rates for mobile drilling units in Asia have now reached a level where a reactivation of the company's three drilling units currently laid-up in Singapore could be of financial interest.
Royal visitor makes rare european appearance In a rare appearance in European waters, the 457,927 dwt tanker Stena King, one of the world's largest tankers, is pictured yesterday at the oil terminal of Le Havre-Antifer. The 1978-built U...
Global and Santa Fe link up to create drilling giant GLOBAL Marine and Santa Fe International are to merge in a stock-for-stock transaction that will create the world's second largest offshore drilling contractor, with a market value of around...
LISCR fillip as Celebrity picks Liberia for new cruiseship ROYAL Caribbean subsidiary Celebrity Cruises has flagged its new Chantiers d'Atlantique-built cruiseship Summit in Liberia, writes Julian Bray. Managers of flag welcomed the decision a...
Sterling denies P&O Nedlloyd listing shelved P&O yesterday denied that plans to gain a stock market listing for P&O Nedlloyd had been put on the "back burner" because of the deterioration in the liner shipping market. ...
No lift for July air cargo The worsening economic slowdown led to a 9.3% plunge in air cargo handled by U.S. carriers.
Carrier groups call for Sri Lanka surcharge cuts Two trans-Pacific discussion groups have recommended that member lines reduce their surcharges on shipments to and from Sri Lanka.
Cooperman to head Stolt Nielsen Chemical transport pioneer Jacob Stolt-Nielsen steps down as head of the company he founded.
Polar wins HK cargo flights The decision is a blow to United Parcel Service, which coveted the added flights.
ProLogis va créer un centre de distribution intégrée à Liège Hier, la première pierre du nouveau centre de distribution de ProLogis à Liège a été posée. Une véritable première pour le prestataire de services logistiques américain car il est le premier à construire un centre intégré en Belgique. La première phase sera achevée d’ici la fin de l’année.
SNCB: résultats semestriels décevants suite à la baisse du trafic de marchandises La SNCB a subi une perte de 9,1 mio. d’EUR au premier semestre de 2001. C’est ce qu’a annoncé le conseil d’administration de la compagnie ferroviaire. Ces résultats “assez négatifs” résultent essentiellement d’une diminution du trafic de marchandises. Cette tendance à la baisse s’est amorcée durant l’exercice écoulé, qui a été clôturé sur un bénéfice de 5,85 mio. d’EUR, en forte baisse par rapport aux 88 mio. d’EUR enregistrés en 1999. Le conseil d’administration a en outre approuvé les travaux d’infrastructure nécessaires dans le cadre de la réalisation de la branche nord de la LGV Bruxelles-Amsterdam et de la branche est entre Bruxelles et la frontière allemande.
Démarrage de la campagne “angle mort” de la SAV L’association flamande de transporteurs a pris l’initiative de lancer une campagne d’information sur la sécurité routière dans les écoles primaires flamandes. Cette campagne est destinée plus particulièrement à sensibiliser les enfants au fait que, bien souvent, ils se mettent eux-mêmes en danger de mort en se plaçant sans le vouloir dans l’angle mort des camions. Aussi le message est-il: “faites-vous voir pour être vus”. Par cette campagne, le secteur fait preuve d’une très grande maturité, car la SAV y va de sa poche pour cette campagne. Comprenne qui pourra: le ministère flamand de l’Enseignement intervient pour zéro fanc dans le financement de cette campagne. Parallèlement, une campagne de sensibilisation des chauffeurs sera lancée, mais celle-ci doit encore faire l’objet d’un débat au sein du Fonds Social du Transport Routier, qui réunit les organisations de transporteurs et les syndicats de chauffeurs.
Algoma Tankers to renew ageing fleet The Canadian tanker owner will start by ordering two new 15,000-20,000-dwt vessels.
ITF bashes Australia over Tampa The international federation says Australia undermines seafaring traditions.
Stolt gets new chief Samuel Cooperman is to take over the tanker reins from founding father Jacob Stolt-Nielsen.
Don't turn a blind eye warns P&I club Ships must continue to rescue migrants despite the trouble it caused the Tampa.
Liberia recruits Rex Harrington Former banker to lead ship register's advisory board.
Wulff joins German boxship pool German owner Hermann Wulff has boosted the containership group led by Klaus Oldendorff.
General Dynamics extends Newport offer The US defense contractor has secured 76% of Newport shares so far.
Tampa smugglers face jail Crew of the KM Palapa get to stay in Australia but behind bars.
Zim hit by rate squeeze Lower freight earnings and higher charter rates hit profit of Israeli line.
Trasmediterranea slims losses The Spanish ferry company is moving back on to the right track, but remains in the red.
NEL stuck in a rut The Greek ferry company has turned in the same losses so far this year as it did in 2000.
Jo welcomes Italian and Norwegian additions Chemicals player Jo Tankers adds two new ships to its fleet, thanks to long-term partners De Poli and Knutsen.
VLCCs line up for breakers An infamous VLCC is finally heading for the breakers, but scrap sales are lagging behind last year's.
DNV profit soars CEO Helge Midttun reports increased market share but stock market losses.
Hanjin reveals Great Eastern tanker toll The Korean yard's deal for two products ships suggests a hike in newbuilding prices.
P&O profits hit by foot & mouth The UK group's ferry earnings took a knock but it has ambitions to double its port business.
Solid progress expected at ABP UK's leading ports company boosted profits in first half and predicted more of the same.
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