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| SEPTEMBER 4, 2001 |
Shipping News
- NOL's H1 profit seen falling to US$16m-US$33m
NEPTUNE Orient Lines is expected to report on Thursday a net profit of US$16 million-US$33 million for the six months to June, down from US$49 million a year earlier on reduced cargo freight rates and shipment volumes worldwide, analysts said.
- Chemical transporters warned to follow norms
- Asian forum on marine surveying puts the spotlight on ethics
- In search of safe and green ways to recycle ships
Air and Land Transport
- Virgin Blue profitable, says Branson
VIRGIN Blue is filling about 80 per cent of its available seats with paying customers, a level at which Richard Branson said his Australian discount carrier is profitable.
- Lanka offers US$50m bond to cut airlines' surcharges: report
- Vietnam to trim air fares for foreigners next year
- Vietnam Air agrees to buy 5 Airbus jets
- Alaska Airlines pilots vote for contract extension
- Log Book
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| SEPTEMBER 4, 2001 |
- Aqaba restores rates
- Vastera inks deal with Lucen
- Howland Hook appoints Devine president
- Safmarine goes Latin
- GeoLogistics In Belgian expansion
- Newest APL vessel christened at Aker MTW Shipyard
- First half profit up for Schipol
- Wilson Logistics Group enters perishables business
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| SEPTEMBER 3, 2001 |
- 11 per cent less US air cargo
- Review of BA/American tie-up
- Sabena pilot strikes
- New member of SAS airline management team
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| SEPTEMBER 4, 2001 |
- Exports in April-July up by 4 pc in rupee terms
- Fieo seeks restoration of port of registration norms: Exports to Bangladesh
- Oil importers moot new formula to fix tariff value
- VPT maintains lead in cargo handling this fiscal
- ... takes second place for National Safety Award
- 10,000 workers opt for voluntary retirement scheme at MbPT
- Inland Waterways Authority lists 25 projects for pvt. players
- SMTP (sub-IGM) can also be filed by consolidators - Import LCL hub activity at CWC’s CFS-JNP
- Forex reserves : Uptrend strengthens with a rise of $ 455 million
- Icra projects 3.0 pc farm growth for India
- Market intelligence cell for farm products set up in TNAU
- Reliance’s mega gas pipeline plan cleared
- PM reshuffles Union Cabinet, inducts six new faces
- Forex kitty swells
- Textile mills seek 3-yr waiver of excise duty on cotton yarn
- PM spells out 14-point agenda for 8 per cent growth rate
- Committee recommends taxing e-commerce
- Inflation rate moves up to 5.48 pc
- China, US partner nations in Karnataka Foodfair
- CBEC posting excise manual on website
- Singapore to host Sea of Change conference on Sept. 5-6
- Court frees 7 drugs from DPCO
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| SEPTEMBER 3, 2001 |
- Rotterdam prices gain as barge market jumps
- Fujairah suppliers raise numbers
- Singapore starts week only marginally firmer
- Korean market opens steady, firmer trend anticipated
- Crude oil up ahead of OPEC cuts
- SK Oil to operate refinery at 95% capacity in September
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| SEPTEMBER 4, 2001 |
- Dismal Pacific rates prompt capacity cuts
TRANSPACIFIC carriers are planning to axe capacity in a concerted effort to prop up weak freight rates. Urgent action by the Transpacific Stabilisation Agreement follows a dismal peak season...
- Golar LNG maiden results leave questions
The maiden financial results of Golar LNG, the liquefied natural gas shipping operation created by John Fredriksen, show a profit in the company’s first month of operation, writes Tony Gray....
- GL modernisation smooths path for mergers
GERMANISCHER Lloyd is planning a far-reaching change of its statutes, which should make mergers with other classification societies easier. GL has called an extraordinary meeting for Thursda...
- Poland to take Norway gas in $11bn export deal
NORWAY and Poland signed a landmark long-term natural gas deal yesterday valued at about $11bn, which will create new export routes for gas-rich Norway while lessening Poland’s dependence on...
- P&O chemical tanker drivers vote for strike
P&O Trans European tanker drivers, delivering bulk chemicals in the UK, have voted for two 24-hour strikes later this month, writes Roger Hailey. The threat has prompted P&OTE to war...
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| SEPTEMBER 3, 2001 |
- Golar LNG confident of contracts
- HK growth forecast slashed
- Hong Kong-Shenzhen bridge gets nod
- Kvaerner's Almskog nods to critic
- IT plan to streamline Japan's ports
- Tramper Taiyoung moves into boxes
- Norway to get German face-lift
- US drops quotas for Aust-NZ lamb
- Nenaco to sell subsidiaries
- ILO convention blow to EU directive
- Refugees to leave Tampa today
- Singapore mulls pollution protocol
- Methanex, BP confirm Carib deal
- Algoma looks to newbuildings
- Panama Canal raises charges
- Tampa saga draws to a close
- ABP to quit US?
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| SEPTEMBER 4, 2001 |
- Grimaldi détient désormais près de 80% des titres d’ACL
Finalement la dernière semaine aura été décisive pour l’opération “offre d’achat” que Grimaldi (groupe Naples) a lancée sur le reste des titres de l’armement ACL. On était en droit de considérer, il y a une dizaine de jours que le cap des 60% ne serait pas dépassé, mais tout semble indiquer que des actionnaires ont préféré attendre la veille de l’échéance pour se défaire de leurs titres. Vendredi dernier, à la clôture de l’opération, Grimaldi détenait 79,6% des titres, donc pratiquement 80%. Il reste donc un actionnaire d’une certaine importance, à savoir CMA CGM avec 10% qui jugeait le prix de 97 NKR (10,92 dollars) trop bas.
- Alloin: le chiffre d’affaires dépassera le milliard de FRF en 2001
Pour l’ensemble de l’exercice 2001, les prévisions du groupe familial français Alloin, qui a son siège à Villefranche-sur-Saône, dans le département du Rhône, portent actuellement sur un chiffre d’affaires consolidé de 1,1 milliard de FRF (167,69 millions d’EUR). Par rapport à 1999, cela représentera une progression de 85,2%. La société familiale originelle a véritablement changé de dimension et diversifié ses activités pour devenir un véritable groupe au terme d’une forte croissance tant interne qu’externe. Fondée en 1968, la société Alloin n’intervenait à l’origine qu’en messagerie routière rapide entre le “Grand Est” de l’Hexagone et deux autres régions
françaises: l’Ile-de-France et Rhône-Alpes. Aujourd’hui, son réseau national intégré n’a plus guère que l’Ouest français à couvrir pour être complet et l’activité s’est étendue tant à l’international qu’à la logistique.
- Swisscargo réalise un bénéfice brut de 17 mio. de CHF au premier semestre
Swisscargo, la division fret de la compagnie aérienne Swissair, a réalisé un bénéfice brut de 17 mio. de CHF sur un CA de 662 mio. de CHF. La compagnie souligne que ce bénéfice a été réalisé malgré la tendance à la baisse du marché fret global.
- Hellmann et Schenker vont traiter le fret aérien de Dana
Dana Corporation, un des plus importants fournisseurs de composants automobiles du monde, a confié le traitement de ses volumes de fret aérien globaux à Hellmann Automotive Logistics et Schenker. Pour la première entreprise citée, qui prendra 75% du volume total à son compte, ce contrat représente un volume annuel de 700.000 tonnes.
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| SEPTEMBER 3, 2001 |
- NCL trading cruise vessels
The Norwegian firm has received Norwegian Sun, and will deliver The Norway to the Star Group.
- Panama Canal Authority jacking up charges
The 3% higher service charges will raise $20m in revenue.
- Passenger thrown off Norwegian cruiseship
A former mental patient admits to the senseless act onboard Norwegian-flagged Harald Jarl.
- Panamanian bunker buyers to pay more
Rising fuel prices in Panamanian ports are supported by the strong US Gulf values.
- Grimaldi pushes ACL stake to 80%
Italian shipowning family hikes stake in transatlantic ro-ro operator by 10%.
- IHC Caland raises sights for 2001
Dutch shipbuilder is predicting higher than expected earnings this year, after announcing encouraging interims.
- Last refugees leave Tampa
Wilhelmsen ro-ro prepares to sail out of the headlines bound for Singapore.
- Roths' Seacon offer goes unconditional
UK ship manager and broker's first family receive strong backing for offer to take company private.
- Golar races to quick profit
John Fredriksen's new LNG company made half a million dollars in June.
- Varun adds to ship purchase pot
Indian tanker owner raises more money through a warrant issue, as it looks to add to its fleet.
- Eidsiva in the red
Easy Line still causing tough times for Norwegian owner.
- Sacked broker Even Winje wins pay-off
Court orders O-J Libaek & Partners to pay newbuilding deal compensation.
- Tampa transfer underway
Saga of unwanted shipwrecked refugees on Wilhelmsen ro-ro moves to conclusion.
- Knutsen heads for record
The Norwegian owner looks set to beat its best-ever profit figures this year after a strong interim result.
- Color Line chief goes
Disagreement with shipowner leads to Trygve Sigerset being replaced.
- Cost increases hit Samudera interims
Asian feedership operator suffers 35% decline in net profits due to increases in operating expenses.
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