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| OCTOBER 1, 2001 |
Shipping News
- HK shipowners slam insurers for war risk hikes
THE Hong Kong Shipowners' Association has levelled a stinging attack on international insurance underwriters calling for an antitrust investigation into what it says is a high degree of collusion.
- Make report on Heng San incident public, ITF urges S'pore
Air and Land Transport
- Boeing may pump more cash into finance unit
BOEING may inject fresh cash into its finance unit as the jetmaker scrambles to help its beleaguered airline customers take on new airplanes, according to a key executive.
- China's airlines fly in the face of global slump
- Cathay may cut staff, reduce routes as traffic falls
- US lifts ban on curbside luggage check-in at some airports
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| SEPTEMBER 28, 2001 |
TPG joint venture in China
'Sabena strike will kill company'
Trade in Air New Zealand suspended
Trans-o-flex take-over bij Deutsche Post cleared
Panalpina changes board and management
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| OCTOBER 1, 2001 |
- Dredging Corpn earns highest-ever income
- ‘We are talking to all lines, rationalisation is a MUST’ - P. K. Srivastava, SCI chief-Major concern: Overcapacity on India-Europe liner trade
- 5 shipping lines agree to form new mega alliance - Coscon, Hanjin, "K" Line, Senator & Yang Ming
- Naidu seeks hike in import duty on silk yarn
- Scope to boost exports in pharma, IT sector seen
- EDI to link ports by year-end: Pinto
- Kandla & JN Ports given priority in link to National Highways
- Canada 3000 set to operate Delhi-Vancouver flights
- China Southern Airlines merging with 2 domestic carriers
- EU considers aid for airlines
- $ 15 bn package for US airlines
- Dragonair’s first freighter operational
- China Airlines Suspends Operations To India
- China-US venture to create first magplane
- Hainan Air orders 21 jets
- Postal Dept plans foray into bulk cargo business - Super Freight (Mumbai) commences service from ICD-Ahmedabad
- Thai Airways to fly tri-weekly on Mumbai-Bangkok route
- New sops to boost textile exports announced
- Rana assures carpet makers full support
- Pharma City to come up near Vizag: Naidu
- Central excise chief gives exporters a patient hearing - assures Fieo chief of resolving issues soon
- Foreign Trade Analysis: Current Policy & Procedures
- AILBIEA membership open till Oct. 15
- Knitwear fair from October 10
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| SEPTEMBER 28, 2001 |
- IEA pleased with OPEC's decision to maintain production level
- Little change to bunker prices despite firmer crude in Singapore and Korea
- Baltic Bunkering Company announces ISO certificate
- Bunker prices for Brazilian ports
- Crude firmer as OPEC hints at production cuts
- Rotterdam opens soft then firms quickly
- Volatile market in Vancouver
- Markets expected to firm in Seattle and Portland
- Some congestion in Los Angeles and San Francisco
- Halifax bunker prices plummet as avails improve on all grades
- US East Coast activity picks up after a week of sharp price falls
- New weekly global averages
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| OCTOBER 1, 2001 |
- GeoLogistics
- Amports
- Hutchison Ports UK
- Hanseatic Shipping & Chartering
- Intercontainer Interfrigo ICF
- Transit 41 celebrates 10th anniversary
- MASkargo
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| SEPTEMBER 28, 2001 |
- Call for UN sanctions against Liberian-flag ships
A report released by the ITF (the International Transport Workers Federation) and Global Witness, a London-based environmental and human rights group, calls for definite steps against ships flagged with the Liberian shipping register
- Royal Caribbean names Wright senior VP, safety and environment
Capt. William S. Wright, who has directed a comprehensive upgrading of navigational systems for the fleet of Royal Caribbean Cruises Ltd., has been promoted to senior VP, Safety and Environment
- Inmarsat postpones IPO
Inmarsat Ventures plc has postponed its initial public offering.
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| OCTOBER 1, 2001 |
- Renaissance vessels under arrest as Alstom plunges to new low
S ix Renaissance Cruises vessels have been arrested as creditors moved to protect themselves following the Fort Lauderdale-based company's decision to seek bankruptcy protection last week. ...
- Owners in anti-TBT paint club
A GROUP of leading shipping companies will this week form an organotin-free owners’ club as environmental groups put mounting pressure on the International Maritime Organisation to adopt a co...
- Cohen wraps Liberia in the US flag
LIBERIAN registry chief Yoram Cohen has hit back after the latest International Transport Workers’ Federation attack on the flag, arguing that critics of the registry are wrong to attack a ...
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| SEPTEMBER 28, 2001 |
- ESC calls for insurance probe
- US politicians target West Africa
- Izar workers stage strike action
- Deggendorfer drops dredgers
- IEA welcomes OPEC moderation
- China holds salvage exercise
- STX buys Daedong
- Alstom share trading suspended
- Rebates cut for transhipment
- Juicy contract for Lloyd Werft
- Ailing Kværner appoints acting CFO
- PTP radar tracking deal signed
- Eight jailed over Dystos sinking
- NUMAST presses for war risk cover
- Concor unveils $99M expansion
- Hamburg clarifies port stance
- FEFC introduces Suez surcharge
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| SEPTEMBER 29, 2001 |
- Fiege Kalf inaugure le Puurs Logistics Centre
L’entreprise belge Fiege Kalf, filiale du groupe logistique allemand Fiege, a inauguré le centre logistique construit par le groupe immobilier Verelst le long de l’A12 à Puurs. L’entreprise entend de la sorte développer ses activités belges dans le cadre de l’expansion de son réseau européen. Makro est un des principaux clients du nouveau centre.
- L’Europe détient de plus en plus les clés de l’avenir du transport routier français
Le 56ème congrès de la Fédération nationale des transports routiers (FNTR) s’est terminé jeudi à Paris. Outre certaines considérations strictement franco-françaises, il a révélé que les instances européennes détiennent de plus en plus les clefs de l’avenir du secteur. François Lamoureux, le directeur de la DG TREN (Transports & Energie) au sein de la Commission européenne, a été le plus direct sur ce point. Mais on retrouvait également l’ombre de la Commission en filigrane de bien d’autres approches.
- Essers implante une nouvelle plate-forme logistique à Courcelles
Le Groupe H. Essers a officiellement inauguré jeudi à Courcelles, près de Charleroi, son nouveau centre de distribution en la présence du Ministre-Président de la Région wallonne, Jean-Claude Van Cauwenberghe. Cette noubelle infrastructure doit permettre à l’entreprise limbourgeoise de développer des activités logistiques pour sa clientèle wallonne. Les premiers clients de ce centre sont Caterpillar et la chaîne de supermarchés discount LIDL.
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| SEPTEMBER 28, 2001 |
- Silversea going after RCL market share
Renaissance guests may apply 100% cruise-only fare credit to Silversea voyages.
- Carnival chief feels the heat
Micky Arison suffered a $1.7bn loss in net worth due to the economic slowdown.
- CMA charity drive brings in $12,000
The maritime association hopes to receive more contributions to help the New York disaster victims.
- Shipping firms not fleeing New York
OSG and Universe Tankships undaunted by security issue will stay put in the city.
- ITF European week sees record high participation
A total of 675 ships were inspected and 44 agreements signed this week.
- STX takes on Daedong
Korean shipyard gets new owner and a chance of securer financial footing.
- FEFC imposes war risk surcharge
Shippers face extra $10 a box for Suez transits with maybe more to come.
- OPEC news halts tanker stock slide
OPEC decides to continue pumping at current rate despite a sharp price fall.
- Alstom shares continue to struggle
Fears over exposure to loans raised for Renaissance ships causes trading suspension.
- Loss of Dystos down to manslaughter
Greek court jails nine over loss of cement carrier and 20 man crew.
- Atteshlis continues to boost profits
The Cyprus owner and agent has beaten 2000's interim figure this year.
- Stolt-Nielsen shares likely to see higher returns
The higher share earning estimate for 2001 is boosted by the strong third quarter financial results.
- Northrop Grumman extends Newport offer
The new offer deadline for all outstanding shares is pushed back to 4 October.
- Kvaerner appoints finance veteran
Experienced Finn Berg Jacobsen (right) is new financial chief, replacing John Charlton.
- Boxship group to charge extra in Middle East
The 16 Informal Rate Agreement members will raise rates again - this time because of Middle East war risks.
- Bureau Veritas racks up strong profits
An increase in newbuilding work is helping pull in the cash for the French classification society.
- MD beats youngsters to ICS prize
Powell Duffryn shipping chief Ian Pratt wins shipbrokers award.
- Festival G8 ships were terrorist targets
Osama bin Laden planned to attack cruise ships hosting world leaders at the July meeting in Genoa.
- India mulls tonnage tax
Industry officials are starting their budget talks early to free up cash for fleet renewal.
- Seabourn Sun to steer clear of Red Sea
Luxury cruise liner to avoid potential trouble spots in the Middle East on next year's world cruise.
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