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06 December 2019 The on-line newspaper devoted to the world of transports 12:18 GMT+1



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Shipping Timesweb site
MAY 10, 2001
Shipping News
  • EC proposes filing WTO complaint against S Korea
    THE European Union's head office yesterday recommended filing a complaint against South Korea at the World Trade Organisation over unfair pricing practices in its shipbuilding industry.
  • Maersk moves NZ service to Tanjung Pelepas port
  • CMA CGM banks on vessel size, speed
  • Daewoo sets higher goal of US$3.7b in orders
  • Adsteam's $500m acquisition finalised
Air and Land Transport
  • Cathay to start direct HK-NY service
    CATHAY Pacific Airways will start twice-daily nonstop flights between Hong Kong and New York on Sept 1, following the start of similar services by UAL Corp's United Airlines and Continental Airlines Inc.
  • BA admits delay in getting Concorde back in air
  • China Southwest Airlines considers leasing Airbus A319-100 jets
  • Biman in fresh bid to find strategic partner
  • Boeing likely to pick Dallas as new headquarters
  • JAL's cargo volumes down 6.7% in March
  • European airlines' March traffic up 1% as growth slows
Logistics
  • Painless recall of goods - any time, any place
    FOOD and mouth disease in the UK, benzene in Perrier water, contamination in Coke, genetically modified products - fast moving consumer goods manufacturers are running scared over the issue of a product recall.
  • GAC to expand Thai operations
  • DHL upgrades PC based systems in Asia

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The Journal of Commerceweb site
MAY 10, 2001
  • Mineta meets with MTS leaders
    The Transportation Secretary took a step toward a maritime infrastructure funding program when he met with a private sector group last week.
  • Maersk Sealand shifts NZ service to Malaysia
    The carrier switched New Zealand service to the Port of Tanjung Pelepas, one of the last scheduled moves since it shifted from Singapore.
  • FedEx sees slowdown lingering
    FedEx Corp. said on Wednesday that the weak earnings environment will continue into its fiscal first quarter.
  • Turnaround for P&O Nedlloyd
    The carrier reported earnings of $18 million on revenue of $1.01 billion compared to a loss in the year-ago quarter.
  • New York Regional Rail opens Brooklyn transload
  • EU asks WTO action in shipyard dispute
  • Danzas acquires Colombian logistics firm
  • SAS sets D.C.-Copenhagen service
  • India opens eight more ports to edible oil imports
  • McIntyre new EVP of CLM
  • "K" Line relocates headquarters
  • Stevens Air CEO Venghaus retiring
  • Kintetsu opens N. America, Europe units
  • Coast Guard revises towboat licensing rule

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Sched Netweb site
MAY 10, 2001
  • Hanjin, K Line launch Japan-Thailand express service
  • Kuehne & Nagel first quarter shows 12.2pc growth
  • Coastal highway for Guangxi
  • Pudong investment on the rise
  • Vincent Taylor named Deputy Chief of Staff at DOT
  • Three Dubai enterprises merge
  • Six Chinese airlines to combine
  • Atlas Air reports record Q1 results
  • A340-600 maiden flight completed

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Cargowebweb site
MAY 9, 2001
  • Dutch Mooring Services new Rotterdam player
  • P&O Nedlloyd want to stick together
  • Bureau Veritas confident about container market
  • EIB loan for roads in Slovakia
  • Cho Yang possible out United Alliance

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Exim Indiaweb site
MAY 10, 2001
  • SCI, GWA may strike deal on tea shipments
  • Dumping duty on Chinese chemical mooted
  • Brazil seeks JVs with India in pharmaceuticals sector
  • India to extend Mauritius $ 100 m credit for IT imports
  • IT export target lowered to $ 9.7 billion
  • GMB approves Rs 30-cr investment for Navlakhi port restructuring
  • Commerce Ministry allows 8 more ports to import edible oil
  • AI, IA fleet expansion gets clearance
  • KLM Cargo shelves capacity expansion plans in India
  • Verna CFS inaugurated
  • CWC's ICD-Dashrath successfully completes 1 year
  • WB, ADB to provide Rs 20,000 cr aid for highway projects
  • Fin. Ministry may lose Rs 500 cr in backloading tax sops withdrawal for exporters
  • Marginal rise in silk exports
  • Reforms get a pat from IMF
  • Rana seeks more funds from Planning body for textile sector in 10th Plan
  • Advisory panel on global trade revamped
  • FDI inflow soars by 93 per cent
  • SADC invites Indian investors
  • 'Made in India' show in Johannesburg
  • Indo-Kazakhstan Chamber formed
  • Tirupur to host 3-day India Knit Fair from May 16
  • Myanmar, Turkey devalue currencies
  • Global coir fair in October

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The Bunker Bulletinweb site
MAY 9, 2001
  • Fuel and Marine Marketing LLC announces on-line marine lubricants services
  • Record April for IPE
  • Bunker prices for Irish ports
  • Chile market quieter this week, no change in Ecuador
  • Panama steady, St. Eustatius very busy
  • Short term congestion in Fujairah
  • South African markets this week
  • Mixed signals about OPEC production
  • St. Petersburg/Murmansk price indications
  • Brazil bunker price update
  • Healthy market in Suez
  • Crude oil little changed after API shows small crude draw, moderate gasoline build
  • US crude imports could be affected as Brent surpasses W.T.I. in price
  • New posted prices for Saudi Arabia
  • Mexican bunker price update

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International Transport Journalweb site
MAY 10, 2001
  • Lufthansa focuses on Barcelona for Southern Europe
  • El Prat and freight transport must have the benefit of AVE routes
  • Marmedsa's answer
  • Acesa with Autostrade
  • Maritima Zaragoza
  • EUR 68.5 million for Catalonian ports
  • Ateia Barcelona
  • A chopper returns to Varese
  • Grandi Traghetti

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Marine Logweb site
MAY 9, 2001
  • FGH stops work on Petrodrill rigs, car carrier
    Friede Goldman Halter yesterday stopped work on the two Petrodrill in its yards in Pascagoula, Miss., and Orange, Texas. Around 500 workers have apparently been laid off. The car carrier under construction for Pasha Hawaii is also reportedly affected
  • Northrop Grumman makes counterbid for NNS
    Northrop Grumman Corporation announced today that it has offered to acquire Newport News Shipbuilding.
  • Strong tanker market boosts Frontline earnings
    Frontline reports net income of $161.7 million for the first quarter of 2001, compared with net income of $1.0 million for the first quarter of 2000.
  • OSG income soars
    Overseas Shipholding Group, Inc. reported net income for the quarter ended March 31, 2001 of $40,363,000, or $1.19 per share, compared with net income of $5,013,000, or $.15 per share, in the first quarter of 2000.

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World Wide Shipperweb site
MAY 9, 2001
  • Port of Seattle approves interlocal agreement between port police and local Sea-Tac cities
  • Bert Farrish leaves Columbia Grain after twenty-one years service
  • U.S. rail carload freight traffic up in April due to increase in coal loadings
  • Port of Tacoma will pay Hebert Construction $387,000 for environmental site development
  • Port of Portland's marine terminals in March down 6.2 percent over same month in 2000

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Lloyd's Listweb site
MAY 10, 2001
  • Investor pressure sinks GoCargo web venture
    IN another blow to the hopes of maritime e-commerce, GoCargo, the online auction place for the container industry has finally ceased trading and is in the hands of its lenders, writes Mark Warn...
  • Mosvold Shipping slips Frontline noose
    Mosvold Shipping is negotiating the sale of most of its tanker fleet to other parties at higher prices, rather than accepting Frontline's $47m takeover bid, writes Tony Gray . ...
  • Listing fear over P&O Nedlloyd
    Fresh questions over the future shape of P&O Nedlloyd were raised yesterday as the shipping line's two shareholders missed an unofficial deadline on whether to proceed with a stockmarket...
  • Strong recovery into profit
    P&O Nedlloyd staged a strong recovery in the first three months of the year as throughput increased and freight rates strengthened, writes Janet Porter. The company posted a...
  • Cable work fit for a Princess
    UK shipowner James Fisher's penetration of the specialist cable-laying market has progressed with the delivery of the converted Oceanic Princess from Croatia's Viktor Lenac y...

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Fairplayweb site
MAY 9, 2001
  • Fire hits MSC ship
  • EC OKs $54M for Brittany Ferries
  • Mosvold spurns Frontline offer
  • GL doubles deliveries
  • ICTSI bags Pakistan box station
  • Royal Olympic rejects Voyager
  • EU threat hits Korean shares
  • Lines launch India-Far East link
  • Greenpeace Shale protest fails
  • North Korean cruises 'still on'
  • S'pore urges joint action on piracy
  • Chennai go-slow halts operations
  • Frontline still on a high
  • Oz organisations in merger talks
  • Shell ups Indian LNG investment
  • Coega is for long term - P&O Ned
  • $5Bn Brazil customs fraud exposed
  • P&O Ned gets first quarter fillip
  • SembCorp buys Simon-Carves
  • HK hit by slowing Chinese trade

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Antwerpse Lloyd n.v.web site
MAY 10, 2001
  • Cho Yang relance des services dans d’autres conditions
    L’histoire du liner est parsemée d’exemples d’armements qui à un moment donné de leur existence ont connu de graves diffcultés, ont battu de l’aile pendant quelque temps et sont parvenus à refaire surface. Tout semble indiquer que l’armement sud-coréen Cho Yang Shipping Co, entreprise familiale, qui traverse une période de crise, dont nous avons déjà évoqué certains aspects dans ces colonnes, est en passe d’en sortir et s’apprête à prendre un nouveau départ. La situation financière étant en cours d’assainissement, l’heure de la relance est arrivée.
  • Premier pas des entreprises portuaires gantoises vers un lobbying plus efficace
    Les entreprises portuaires gantoises ont affirmé leur soutien aux plans visant à faire jouer au secteur privé un rôle de premier plan dans la promotion et le lobbying du port (voir LL du 26/4). L’initiative lancée par Paul Matthijs, administrateur délégué de Sidmar et Marc Devogele, directeur commercial de Watco, a donc trouvé un relais. Si tout se déroule comme prévu, les structures et le fonctionnement de tant l’Association des intérêts maritimes gantois (VGZ) que la Communauté portuaire de Gand (GH) vont connaître d’importantes modifications dans les prochains mois. La réforme de ces deux groupements doit être terminée pour le début de 2002. L’échevin du port, Daniël Termont, dit soutenir les plans et espérer une “nouvelle dynamique”.
  • E-terminal propose d’intégrer la manutention des containers sur internet
    Internet a démontré à plusieurs reprises au cours de ces dernières années qu’il était un medium efficace et orienté vers le consommateur. L’opérateur de terminal Hessenatie prouve à nouveau avec sa dernière application internet ‘e-terminal’ qu’internet est idéal pour accroître l’interaction avec la communauté portuaire et le secteur logistique. ‘E-terminal’ propose toute une série d’information 24h/24 ce qui permet aux entreprises de perdre moins de temps au téléphone pour des questions d’ordre opérationnel.

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Marine Linkweb site
MAY 9, 2001
Maritime Contract News
  • Northrop Grumman Launches Hostile Bid For NNS
Breaking News
  • Dubai Fines Polluting Tanker
  • Attica Receives New Superfast Ferry
  • Merger Talks In Singapore
  • P&O Nedlloys Posts Best-Ever 1Q Numbers
  • Dry Bulk Rates Set For A Fall
  • New Cable Laying Ships Enters Service
  • Dear Bill ...
  • Northrop Grumman Launches Hostile Bid For NNS
  • Push Made In Senate For $100M In Title XI Funding

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TradeWindsweb site
MAY 9, 2001
  • TMM close to finalising Pemex contracts
    The agreements will involve an expansion of oil tanker operation and fleet improvement.
  • Quincy shipyard gets new restructuring plan
    The new plan could pay off the US shipyard's debts with interest within 20-25 years.
  • Lash carrier heads for Chittagong scrapyard
    Eastern Overseas sold 28,487-gt US-flagged Green Valley to Eckhardt Marine for scrapping.
  • Mississippi river partially reopens
    Many stranded vessels are expected to take advantage of the reopening to head north to Minneapolis.
  • Frontline bullish on Mosvold
    Management at Frontline are undeterred by Mosvold efforts to fend off a takeover move.
  • Silja posts net revenue loss
    The Finnish cruise operator blames the loss partly on elimination of the Gulf of Bothnia.
  • More acquisitions possible at V.Ships
    President Tullio Biggi says consolidation is the way forward for ship management.
  • V.Ships unveils new brand
    Some famous names disappeared when leading ship manager V.Ships reorganised its group operations.
  • Aker's restructuring effort pays off
    The Norwegian company's net income in January-March surged by 248% from a year ago.
  • Tug poised to offload grounded Lysfoss
    Salvage efforts are continuing with the grounded Lys-Line ship off Scotland.
  • Partial victory for Brittany Ferries
    The EC has approved some, but not all, of the aid originally awarded by the French government.
  • Frontline profits soar
    John Fredriksen's Frontline is making serious money.
  • Solvang sees first quarter profits
    Gas carrier operator Solvang enjoyed playing an improved market in first quarter 2001.
  • Rates relief for Odfjell
    Norway's chemical and products tanker player has already erased last year's losses.
  • Tanker Pacific ULCC fined
    Ofer Group company Tanker Pacific has been fined by authorities in the United Arab Emirates.
  • CSBC denies bankruptcy talk
    Taiwan's China Shipbuilding Corp is being plagued by closure talk.
  • Piracy attacks at highest level in a decade
    Growing menace of piracy shows no sign of relenting.
  • Australia nabs wasted bulkers
    Port state control officials detained 17 ships in Australia during April.
  • Samsung early profit levels stagnant
    First quarter profit levels at the Korean shipbuilder remain largely unchanged from twelve months ago.

Vincenzo Miele



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