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11 August 2020 The on-line newspaper devoted to the world of transports 09:08 GMT+2

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Shipping Timesweb site
NOVEMBER 2, 2000
Shipping News
  • Sunken chemical tanker was just released from detention
    THE Italian-flag chemical tanker now lying at the bottom of the sea a few miles off Britain's Channel Islands had been detained in Holland on safety grounds just days before sinking on Tuesday.
  • Port Klang urged to spend RM65m on deepening North Channel
  • Ethiopia to build dry port in capital
Air and Land Transport
  • Doubling of KL airport's cargo charges slammed
    [KUALA LUMPUR] Malaysian airfreight forwarders yesterday described the doubling of handling charges at Kuala Lumpur airport as "daylight robbery" and said it dimmed hopes of making the airport a regional cargo hub.
  • JAL's parent profit jumps sixfold
  • Air NZ warns of 50% profit plunge in H1
  • Japan needs 990 planes over 20 years: Boeing
  • Bejing allows 20% rise in airfares
  • Taking up US challenge
    FRENCH carrier CMA-CGM is planning a rapid expansion in the United States over the next several years.

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The Journal of Commerceweb site
NOVEMBER 2, 2000
  • Quebec truckers vow to continue protests
    Five hundred truckers at a mass meeting on Wednesday vowed to continue parking their trucks, manning picket lines and condemning as "criminal scabs" the very few drivers who continue to haul containers to and from the Port of Montreal.
  • German motor carriers, burned by higher costs, seek rate hike
    Trucking companies are negotiating with shippers to raise freight rates this year to help offset skyrocketing fuel costs.
  • Some rail officials are starting to ask the right questions
    Saving the loose car business was a hot topic at a recent STB's Rail-Shipper Transportation Advisory Council meeting.
  • NTE to hook up with Yantra
  • EGL net income up 31%
  • Aviation exchange names interim CEO
  • Baton Rouge port completes emergency dredging
  • Santos terminals await protests as court breaks stevedore monopoly on docker assignments
  • Northwest-Continental antitrust trial begins
  • Senate passes export tax measure
  • Water resources bill passes Senate
  • Two freight trains crash in Arizona
  • OOCL may be first to buy 7,500-TEU ships

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Sched Netweb site
NOVEMBER 2, 2000
  • Double tax break for shipowners
  • Need for speed in third round of rail improvements
  • Beijing gets $1.2 billion for road upgrade
  • Logistics purchase off for Cosco
  • PSA signs terminal contract at Muara Container Terminal
  • CargoLifter goes west
  • Henan goes global
  • Mega-Float comes of age

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Cargowebweb site
NOVEMBER 1, 2000
  • APL working on shipping portal
  • Rate increase P&O Nedlloyd on Canadian service
  • European Commission ended NS Cargo inquiry
  • Washington against merger Northwest and Continental
  • Better result Japan Airlines
  • Stena to buy buy back ferry company
  • KLM wants Martinair for full 100 percent or not at all

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Exim Indiaweb site
NOVEMBER 2, 2000
  • DHL shipment tracking service
  • Reaffirms its growing commitment-APL expands India operations
  • NZ envoy keen on promoting 2-way apple trade with India
  • EPCs revamp soon
  • 'Sunset Review' of Japanese NBR imports on
  • Car, two-wheeler exports increase
  • Overall textile exports log 9.8 pc growth in April-Aug.
  • PIB clears Ennore Port cost estimate
  • Customs duty waiver move may be deferred till Budget
  • Texprocil chief projects 7 pc growth in cotton textile exports
  • Commerce Secy invites Japanese investors to SEZs
  • Concor (SR) well on way to Rs 120 cr. turnover
  • India, Sweden set to boost IT business
  • Cabinet clears ordinance for dedicated road fund
  • T. R. Prasad is new Cabinet Secy
  • New textile policy decision tomorrow
  • Cathay Pacific launches new cargo Website

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The Bunker Bulletinweb site
NOVEMBER 1, 2000
  • LG-Caltex reorganises marine fuel marketing group
  • Brazilian bunker prices
  • New company listing in Fujairah
  • ExxonMobil Marine Fuels e-commerce warning
  • Iran: No more OPEC increases
  • Taiwan posted prices off by $5
  • Jeddah/Dammam posted prices
  • Unexpected US crude draw sends oil prices higher
  • Argentina bunker prices
  • Fuel supplies resume in Halifax shortly
  • Mexican bunker prices

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International Transport Journalweb site
NOVEMBER 1, 2000
  • Inland shipping freight market, week 43, 23rd/27th October, 2000
  • Iberia detours turbulence
  • IAS commissions more boxes
  • GATX Logistics with Itochu
  • GAC to fly to Ecuador
  • Decision on the Cape: Consortium for Coega
  • Intels' services in Luanda
  • Betuwe as RoMo
  • RoadRailers for CRF Marfa
  • EBRD supports Slovakia's railroads
  • New DHL service
  • Cathay with high-flying plans
  • Lufthansa Cargo for Spanair
  • Cargolux
  • Swissair nonstop to Colombo
  • Galaxy - an airport
  • EU to create aviation safety agency
  • Safmarine still on Safari
  • TMM Lines B/Ls can be downloaded
  • Medfec integrated into FEFC

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Marine Logweb site
NOVEMBER 1, 2000
  • Class societies end cooperation talks
    Det Norske Veritas (DNV) and Germanischer Lloyd (GL) have terminated their discussions about a possible "close cooperation."
  • WR-21 gas turbine picked for new destroyer
    Rolls-Royce plc and Northrop Grumman have been selected as the preferred suppliers of the gas turbines for the first three ships of a new fleet of air defense destroyers for the U.K. Royal Navy.

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World Wide Shipperweb site
NOVEMBER 1, 2000
  • Mike Thorne will keep post at Port Portland for transition period
  • Montana firm buys North Tongue Point to develop marine industrial facility
  • Port Portland buys artistic lantern of ship's prow as art for headquarters
  • Far Eastern Steamship Co. launches Pacific Northwest/Russian Far East service
  • Port Tacoma plans operating revenues in 2001 to increase 8.1%

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Traffic Worldweb site
NOVEMBER 1, 2000
  • P&O Chooses Newark
  • PACER Buys RFI
  • Ocean Carriers to Launch Portal
  • Atlantic Consolidation
  • Atlas Posts Record Income
  • Emery Posts Loss for Quarter

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Lloyd's Listweb site
NOVEMBER 2, 2000
  • Identity crisis sinks DNV-GL alliance
    THE classification industry, which has been singing paeans to consolidation, tasted a stiff dose of reality yesterday after merger talks between Det Norske Veritas and Germanischer Lloyd collapsed.
  • Chirac calls for action on tighter sea laws
    FRENCH president Jacques Chirac added his voice yesterday to the flurry of calls for urgent action to tighten up maritime legislation in the wake of the sinking of the 7,308 dwt chemical tanker Ievoli Sun off the Normandy coast on Tuesday.
  • Profit surge continuesfor Eletson
    ELETSON Holdings has celebrated soaring profits in the third quarter that have easily beaten its second quarter result, which itself briefly stood as the best in the Greek based product tanker operator's 34-year history.
  • Primorsk shows strength with 210% rise in operating profits
    THE Primorsk Shipping Corporation (Prisco) proved its strength in the top ranks of Russia's shipping companies with a 210% increase in operating profit in the first nine months of this year.
  • No easy ride as Stelios ditches Cyprus listing
    Stelmar Tankers will formally announce today that it has scrapped plans for a listing on the Cyprus Stock Exchange due to what it has portrayed as annoying delays on the part of the island's financial authorities.
  • Scrap Dibden Bay terminal scheme - MP
    JULIAN Lewis, UK member of parliament for New Forest East and staunch opponent of Associated British Ports' proposed Dibden Bay container terminal, has written to deputy prime minister John Prescott urging him to have the project withdrawn.
  • POL to refocus on shortsea expansion
    POLISH Ocean Line is refocusing its network portfolio and planning to concentrate future expansion on shorthaul routes.
  • US warning on lack of ballast reports
    ONLY just over 20% of ships entering US waters from outside the US Exclusive Economic Zone bothered to file ballast water management reports, a US report has noted.

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Fairplayweb site
NOVEMBER 1, 2000
  • Strikes bruise Chilean fruit exports
  • Berlin muddies deeper waters
  • Angolan food shipment contaminated
  • Hanjin raising $150M to cut debt
  • AWRA to lift rates
  • Faros to be towed to Denmark
  • Ievoli Sun leakage confirmed
  • DNV and GL merger talks fail
  • Djakarta Lloyd seeking finance
  • Koreans pull out of LNG deal
  • Hamburg-Bremen alliance expected
  • Bremen authority to be privatised
  • Bank offers SCI 'historic' deal
  • Seabulk to close Sharjah yard
  • Fast Cat quits Cook Strait
  • Sheths to lift Gesco stake
  • Cruise ship towed into Curacao

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Antwerpse Lloyd n.v.web site
NOVEMBER 2, 2000
  • L’IRU avertit que la crise du diesel n’est pas résolue
    La crise provoquée par la hausse du diesel n’est pas résolue, malgré les concessions faites par certains Etats-membres, car il n’y a toujours pas d’harmonisation des taxes et donc encore une distorsion de la concurrence. En outre, cinq des quinze pays n’ont pas pris de mesures, dont l’Allemagne et le Royaume-Uni. Or, c’est justement dans ce dernier que les taxes sont les plus élevées. “On peut dès lors craindre une escalade dans ce pays”, a déclaré mardi Sören Rasmussen, délégué général ad interim de l’IRU auprès de l’UE à Bruxelles, lors d’une conférence de presse.
  • La fusion Hessenatie/Noord Natie: tout est encore possible
    On reparle encore ces jours-ci de la perspective de fusion entre les deux géants anversois de la manutention de diverses, à savoir la Hessenatie et la Noord Natie, alors qu’il n’y a rien de bien nouveau à signaler. Comme évoqué précédemment, ce n’est que vers la fin novembre qu’une décision sera prise, les 6 candidats encore en piste ayant jusqu’au 17 novembre pour présenter leur offre finale. Pour l’instant, chacun d’eux poursuit l’examen des comptes des entreprises concernées, ceci après visite des lieux.
  • Stena AB veut libérer 1,5 mia. de SEK pour la filiale déficitaire
    Stena Line, un des plus grands opérateurs ferry de par le monde, est confronté à des problèmes financiers. A l’issue des neuf premiers mois, l’armement annonce des revenus moins bons que prévus et des pertes plus élevées que prévues pour diverses raisons. De plus, l’acquisition de Scandlines AB doit encore être digérée et il faudra procéder à l’amortissement du goodwill à cause des activités britanniques décevantes de l’armement ferry. C’est pourquoi Stena AB, la société-mère de Stena Line, va intervenir financièrement via une émission d’actions qui devra rapporter 1,5 mia. de SEK et lance en même temps une offre sur les actions émises.

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Marine Linkweb site
NOVEMBER 1, 2000
  • P&O In Deal To Operate NY/NJ Terminal
  • Oil Freight Charges To Go Higher?
  • Tanker Not An Environmental Disaster Yet

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TradeWindsweb site
NOVEMBER 2, 2000
  • Hyundai stung by North Korea cruise venture
    The Korean chaebol's cruise operation has made dramatic losses since its inception in late 1998.
  • CP Ships to take Zodiac newbuildings
    The expansionist Canadian liner operator is chartering boxship newbuildings from the London-based Greeks.
  • Brazil woos home yards for Petrobras newbuildings
    Struggling shipyards in Brazil are to be offered work as the government puts a slice of Petrobras' fleet renewal their way.
  • Koreans exit Petronet tender
    Korean players have narrowed the stakes for the remaining brave bidders in Petronet LNG's tender for newbuildings.
  • Bulker widows petition IMO
    Widows of seafarers who died on the bulker Leros Strength say they have been living on handouts since 1997.
  • Boom time continues for Eletson
    Gregory Hadjieleftheriadis's Eletson Holdings has profited again from the strong products tanker market.
  • Solvang sees profits rise
    Norwegian gas tanker owner Solvang is back in the money as it grows its fleet.
  • APL goes it alone in India
    The US container giant is taking sole control of its Indian operations.
  • Freeland takes the helm
    Industry body the Institute of Chartered Shipbrokers has installed two new names at the top.
  • P&O confirms Port Newark lease
    P&O Ports and P&O Nedlloyd have teamed up to sign a 30-year deal to operate the New Jersey terminal.
  • Piracy attacks on the increase
    Figures released by the International Maritime Bureau's Piracy Reporting Centre show a massive increase in attacks on ships during the first nine months of 2000.
  • Essar profits soar
    Indian shipowner Essar is riding high on its tanker income.
  • DNV and GL axe merger talks
    The first big move towards consolidation among class societies appears to have collapsed leaving the way open for other bidders.
  • Leaks detected from Ievoli Sun
    French maritime chiefs say traces of chemicals have been found near where the tanker went down, as salvage options for the vessel are discussed.
  • B&N heading for profit
    New specialised offshore and icebreaking vessels have helped turn around last year's losses at Sweden's B&N Nordsjofrakt.
  • SCI posts interim profit rise
    Healthy figures are likely to help the Shipping Corp of India in ongoing negotiations with bankers to fund its newbuilding programme.
  • Global Ocean Carriers wins court backing
    Nick Tsakos's Global Ocean Carriers has won court approval for its restructuring plans, but a rival proposal will also be put before creditors.
  • Louis Dreyfus and Aker in seismic disposals
    Firms to sell shares and ships to French seismic giant Compagnie Generale de Geophysique in $200m transaction.
  • Finnyards and Ferguson in $130m ro-ro deal
    The yards have clinched newbuilding orders from Northlink, the Caledonian MacBrayne and the Royal Bank of Scotland joint venture.
  • Howard Smith sees rise in sales
    The world's largest port towage operator reports a modest growth in sales in the first quarter.
  • Stelmar pulls Cyprus listing
    Move will force Stelios Haji-Ioannou tanker company to repay $35m to investors.
  • Toxicity not the issue
    Chemical cargo specialists are dismissing the toxic threat of the Ievoli Sun's cargo but the sinking still represents a political timebomb.

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