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14 August 2020 The on-line newspaper devoted to the world of transports 07:57 GMT+2

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Shipping Timesweb site
MAY 4, 2001
Shipping News
  • Rolls-Royce eyeing Asia's 6b warship market
    DRIVEN by the need to protect exclusive economic zones and fight piracy and other marine crimes, Rolls-Royce estimates a 6 billion market for some 500 new warships in the Asia-Pacific over the next 10 years, representing nearly one third of global naval procurement.
  • Tighter Port State Control leads to drop in number of substandard ships
  • Galapagos oil spill: tanker captain gets 90 days' jail
  • Argentina aims to get rid of substandard vessels
Air and Land Transport
  • No plan to hold talks with Air NZ: Impulse
    IMPULSE Airlines said it does not plan to hold talks with Air New Zealand, which is interested in buying the low fare Australian carrier.
  • Planemakers may be asked to review fuel-tank designs
  • China airline mergers boost shares
  • Vietnam Airlines aims for up to 14% growth
  • US slowdown affecting HK air cargo traffic
  • Sharjah plans to launch own airline

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The Journal of Commerceweb site
MAY 4, 2001
  • After banner year, Danzas sees 'modest' outlook
    Acquisitions spurred tremendous revenue growth in 2000, but prospects are tempered by a cooling U.S. market.
  • Cho Yang shuts U.S. headquarters
    The carrier's New York offices, headed by the Cho Yang (America) operation, has been closed down.
  • Lufthansa pilots vote to strike
    Lufthansa pilots today voted to hit the German flag carrier and thousands of passengers with weekly strikes to press for higher wages.
  • Canada puts ex-im controls online
    Customs brokers applying for Canadian export and import permits will be required to file electronically as of July 1.
  • World Shipping Council launches Web site
  • Air Canada posts loss
  • Lines fail to get eastbound rate hikes
  • LeHavre adds cranes
  • Kalmar completes Nelcon deal
  • STB systems hacked, shut down
  • Danube cleanup to begin
  • Boström revenue rises
  • Reid new Delta president
  • Halter Marine parent hires advisers to handle reorganization

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Sched Netweb site
MAY 4, 2001
  • Cosco progressing through 40 years of innovation
  • CT3 opens at Westport
  • Western trans-provincial passages to be built
  • Tianjin focuses on new trades
  • Emery Worldwide grows during 2000
  • New Chicago service for SIA
  • Hong Kong signs agreements with Hungary and Estonia

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Cargowebweb site
MAY 3, 2001
  • Record profit Deutsche Post after acquisitions
  • U.S. air cargo down in March
  • Continental chief to leave
  • Amsterdam Port starts co-operation with Duisburg
  • Martinair suffers nlg 92 million loss in 2000
  • New ferry is key in cigarette smuggling
  • Delta names Frederick W. Reid president

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Exim Indiaweb site
MAY 4, 2001
  • SCI, 'K' Line, pil & Dongnama to launch India Far East Express Service(Indfex)
  • Evergreen posts improved results for 2000 - Net profit up by 39 pc
  • Export of 30 lakh tonnes of rice allowed
  • Apeda to promote virtual trade fair concept
  • Seafood exporters bag $ 25-m orders at Brussels fair
  • Handicraft exports up 17 pc
  • GJEPC to sign deal with Russian cos for roughs import
  • Coffee exports gain momentum
  • Bill clears CWC's path towards JVs, warehouses overseas
  • 10-yr tax holiday norms eased for export units
  • Steel (seconds) import curbs to be reviewed
  • 4-fold growth in pharma sector forecast
  • Stress on extending TUFS to all segments
  • Time to expand trade with Africa: Omar
  • India for review of IMF clauses
  • Increased trade with Mauritius sought
  • WCL records 35 m. tonnes throughput
  • Kolkata Spice Zone opened
  • India ranks 4th in purchasing power parity
  • Gujarat imposes 2 pc cess on petro-products
  • IMF should heed to political realities: Sinha
  • Postal Dept launches money transfer facility
  • Eco-friendly power generation technology from BHEL

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The Bunker Bulletinweb site
MAY 3, 2001
  • Congestion building in the US Gulf
  • Rotterdam steady, less congestion this week
  • Product squeeze continues propping up Singapore spot prices
  • Good avails in North European marketsGMT
  • Demand picks up in Hong Kong as Taiwanese prices rise
  • Healthy markets in Italy and Malta this week
  • Korean prices steady to mixed, approaching Singapore
  • Some tight avails in Gibraltar
  • Active markets in Piraeus and Istanbul
  • US East Coast market review

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International Transport Journalweb site
MAY 4, 2001
  • Netherlands and Yugoslavia road haulage
  • ÖBB in the «European League»
  • Tax relief to shippers who use rail transport?
  • Mitrans and Liski
  • Sifte Berti
  • Gebr. Weiss with Intertrans, Ludwigshafen
  • «duisport rail» founded
  • ABP
  • CMA CGM, Contship Containerlines and Marfret
  • Rail logistics is the growth engine

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Marine Logweb site
MAY 3, 2001
  • FGH retains reorganization advisors
    Friede Goldman Halter, Inc. says it has hired E&Y Capital Advisors LLC to advise and assist in its reorganization process.
  • Broström benefits from strong freight rates
    In its interim report for January 1 to March 31, 2001, Sweden's Broström says general market conditions in the international product and chemical tanker sector have been very good in basically all geographical markets.
  • Maritrans reports improved earnings
    Maritrans Inc. reports net income for the quarter ended March 31, 2001, of $2.7 million
  • Wärtsilä to acquire Ciserv
    Wärtsilä Corporation has signed a letter of intent to acquire Ciserv AB, a Swedish service company from Aalborg Industries A/S.
  • BV calls for class cooperation
    Bureau Veritas has called for major classification societies to take a wider focus on their responsibilities, and to cooperate more in order to improve global maritime safety.

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Cargo Info Africa - Freight & Trading Weeklyweb site
MAY 4, 2001
  • Far East lines hike rates
  • Portnet reshuffles upper deck
  • What more can we do?
  • Duty Calls
  • SA portal links with global partner
  • Mafikeng Airport chief reads the riot act over inefficiency
  • Ground handlers move into position
  • SARS customs duties exceed budgeted figure
  • Shippers Council elects new board
  • Bill of entry system caters for the small guy
  • Imported inflationary pressure is on
  • FTW forum exposes CT's airfreight capacity concerns
  • Forwarders call for open skies
  • Demand grows for second-hand tank containers
  • 'Rail must change its image to regain market share'
  • Cape Town depot operator reports healthy volumes
  • Mobile cranes allow container delivery to rural backwaters
  • New ventilated mini-container finds agricultural niche
  • 'Rumours of fruit fraud lack factual support' Letters
  • 'Sales and operations must go hand in hand'
  • Mammoth vessel heads from South Korea to Angola
  • R22-m export programme launched
  • Fuel shortage disrupts S'n Africa rail system
  • Mafikeng suspension lifted
  • New export agency planned
  • Zimbabwe hikes import tariffs

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World Wide Shipperweb site
MAY 3, 2001
  • World Trade Tacoma welcomes executive director, Andreas Udbye, at May 15th reception
  • Maritime magazine sponsors one-day conference on 21st century transportation issues on May 11th
  • Foss Shipyard overhauls cargo barge for sister company in Hawaii
  • Port Bellingham plans community celebration of remodeling project completion of cruise terminal
  • Port of Seattle finishes final stage of $16 million terminal to meet its second cruise season

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Lloyd's Listweb site
MAY 4, 2001
  • Ursprungen chosen as new Renaissance man
    RENAISSANCE Cruises, the struggling premium cruise line, has handed Manfred Ursprungen the task of turning around its fortunes following its recent financial rescue. Mr Ursprungen, 43, has...
  • Tanker boom strangled by IMO accord
    THE first analysis of the impact of the slower-than-expected phasing out of single-hull tankers suggests that a seemingly minor shift in policy by the International Maritime Organisation is likely...
  • Investors turn bearish on fears
    Tanker shares continued to come under pressure yesterday, depressed by weaker freight rates and anxiety about the implications of the IMO deal on single-hull tankers. Market leaders Frontli...
  • Aon Corp income plunges by $97m
    CHICAGO-based insurance brokerage giant Aon Corp saw net income plunge in the first quarter to only $19m from $116m in the same period last year after a spate of disastrous investments had to be wr...

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Fairplayweb site
MAY 3, 2001
  • Seafarer airlifted to hospital
  • Navicon suspends payments
  • USCG aims to identify charterer
  • Curnow in the dark over fraud raid
  • Lisco owner in buy-out talks
  • Koreans 'still pricing below cost'
  • Abidjan bids for northern trade
  • Jessica captain sentenced
  • Child stowaways reach Bilbao
  • ANEK goes for facelift
  • Pemex and TMM explore options
  • Venezuela seeks China X-ray system
  • Panama rejects X-ray box fee
  • New box port for El Salvador

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Antwerpse Lloyd n.v.web site
MAY 4, 2001
  • Pas de distorsions historiques entre les ports flamands
    Une étude exécutée à la demande de l’AWZ (Administratie Waterwegen en Zeewezen) n’a pas révélé de distorsions historiques entre les ports flamands. L’inventarisation du “passif historique” était une concession accordée au port de Gand dans le cadre du décret portuaire flamand. Les administrations portuaires ont jusqu’à la fin du mois pour communiquer leurs éventuelles remarques, qui seront ajoutées au rapport. Le texte du rapport devrait toutefois être remis sans modification aucune au gouvernement flamand. Seul Gand devrait émettre des réserves sur le fond. Il est cependant peu probable que le gouvernement flamand s’écarte de la conclusion de l’étude.
  • Les transporteurs belges exigent une modification de la loi sur le transport
    La Febetra et la SAV, ont publié un communiqué conjoint dans lequel elle exigent que le gouvernement belge respecte ses promesses faites dans l’accord du 14 septembre 2000. Un des éléments cruciaux de cet accord concerne la modification de la législation relative à la co-responsabilité. Rappelons que la troisième association, l’UPTR, mène campagne séparément en plaçant d’autres accents pour arriver à une amélioration de la santé économique du secteur.
  • Evergreen va-t-il aligner ses PC de 6.500 TEU sur l’Europe?
    L’année 2000 aura été particulièrement bonne pour Evergreen Marine Corp qui vu son CA augmenter de 14,7% à 60,49 mia. de TDW, soit 1,9 mia. de dollars US, tandis que son bénéfice net a progressé de 34,6% à 1,25 mia. de TDW ou 40,1 mio. de dollars US. Ces scores sont le résultat d’une pression continue sur les coûts. A noter que ces résultats ne concernent que l’entreprise taiwanaise et sa filiame de Panama Greencompass Marine SA. Il ne s’agit donc pas d’un résultat consolidé, les autres filiales maritimes du groupe n’étant pas impliquées.

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Marine Linkweb site
MAY 4, 2001
Maritime Contract News
  • EU Points Finger At South Korea
  • Piracy Attacks Surge
Breaking News
  • Daewoo Announces 1Q Results
  • EU Points Finger At South Korea
  • Piracy Attacks Surge
  • McDermott Reports 1Q Loss
  • Moody's Downgrades Enterprises Shipholding
  • Frontline Shares Take A Tumble
  • W&rtsil& Posts 1Q Loss, But Outlook For Year Good

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TradeWindsweb site
MAY 3, 2001
  • Front Maple carries diverted Iraqi crude
    The suezmax was originally to discharge the oil in the US in accordance to the UN oil-for-food programme.
  • Speculative sales depress Frontline shares
    Frontline shares fall by 6.5% on sell-off spurred by an Oslo-based broker's sale recommendation.
  • Alaska mulling cruise ship bill
    The pollution regulation bill includes a $1-per-passenger fee.
  • Product tanker boost for Belships
    Erika effect helps Norwegian owner return to profit.
  • Swedish Orient edging towards profit
    The Swedish owner has reduced losses dramatically in the first quarter.
  • Oceanex's net income down 25%
    The Canadian container shipowner suffers from lower investment income from the ship replacement fund.
  • Farstad reverses fortunes
    Healthy demand has helped offshore supply boat company Farstad find work for its fleet.
  • Numast calls offshore strike
    Officers on Coflexip Stena ships set for 72 hour pay claim strike.
  • Love boat set to retire
    The smallest cruise ship of the Princess fleet will leave after completing her 2002 Bermuda season.
  • Great Eastern profits rise
    Indian owner Great Eastern Shipping Co is trying to boost its value by buying back shares.
  • Teekay chief in the money
    Bjorn Moller to pocket $4.7m from sale of shares in tanker owner.
  • Broström logs improved shipping result
    Swedish shipowner Broström is upbeat on the prospects for its shipping activities for the year.
  • Drillship pushes Fred Olsen to loss
    Start-up problems with Navis Explorer I hit the Norwegian company in the first quarter.
  • Wärtsilä marine sales fall in first quarter
    Engine manufacturer says it expects marine business to level off during the year, after record orders in 2000.
  • Daewoo pre-tax profits top KRW 100bn
    South Korean shipbuilder has racked-up sales of $2.3bn in the first four months of the year.
  • Sovcomflot links Vyborg and Kiel
    Russian shipping giant is starting the first freight line between the Russian and German cities.
  • Jessica skipper gets 90 days
    The captain of the tanker that ran aground off the Galapagos Islands is facing three months in jail.
  • Greek tanker grounds
    Loaded products tanker runs aground off the Greek coast.
  • Champagne on ice at FGH
    CFO Robert Champagne leaves troubled US shipyard group as company calls in restructuring advisors.
  • KMY unveils new management duo
    Finnish builder, headed by Jorma Eloranta, looks to former investment banker to improve yards' financial performance.

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