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| JULY 10, 2001 |
Shipping News
- PSA reported to be bidding for Lang Corp
PSA Corporation is reported to be about to bid for Australian ports operator and logistics giant Lang Corporation.
- Slot exchange deal in Far East-Middle East trade
- UK detains cruise ship with safety problems
- Row breaks out over IACS chairman's speech
- Shipping industry slams Greenpeace's recycling claims
Air and Land Transport
- Merger of major China airlines to take at least 2 yrs
CHINA's bold plan to create three internationally competitive airline giants will take at least two years to complete, giving smaller carriers a chance to swoop for a share of the growing domestic market, analysts said.
- Cathay dispute has little impact on cargo terminals
- Auckland Airport to fight regulator's price control plan
- US airlines' on-time rate at 30-mth high
- ANA to launch charter flight to China
- China starts work on rail link to Tibet
- Log Book
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| JULY 9, 2001 |
- BDP, G-Log in 10-year deal
The freight forwarder will integrate G-Log's supply chain management software into its existing infrastructure.
- APL opens trans-Atlantic link with Caribbean, C. America
The carrier has added Central America, the Caribbean islands and the Caribbean coast of South America to its services.
- Alitalia signs with SkyTeam carriers
The accords with Air France and Delta are expected to pave the way for the Italian flag carrier to join the SkyTeam alliance.
- Cathay cuts flights in pilots dispute
The carrier, in the seventh day of a work action by pilots, is also putting some restrictions on cargo.
- Andrew Gibson, former maritime administrator, dies
- Vancouver sees positive outlook
- China railway plans logistics park
- Neu Group acquires Thyssen's bulk shipping division
- Unions scuttle Bangladesh strike
- Kintetsu reorganizes U.S. operations
- Crowley Logistics to run Ford's Amazon terminal
- Maritime groups call for WTO to free shipping
- Typhoon snarls sea, air traffic
- Georgia ports handle record volume
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| JULY 10, 2001 |
- PTP sees 40 per cent growth
- Hyundai China focuses on container business
- Apply now for the Seatrade Awards 2002
- NKK lays newbuilding keel
- KLM first European carrier to fly next generation B737-900
- Lufthansa Cargo's new animal transport service
- New Kuehne & Nagel International AG board member
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| JULY 9, 2001 |
- Strikes at Iberia and Cathay
- Cathay
- Sabena daughters up for sale
- Continental to sell stake in Express
- Carriers boycott Brussels airport
- Atlas Air promotes Fred De Leeuw
- Forad Air trucker for BA
- New management Lufthansa Cargo in UK
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| JULY 10, 2001 |
- Able Shipping completes a year of operations - Plans to enter breakbulk, reefer services soon
- Anti-dumping duties only on SBR 1900 series
- Wheat exporters awaiting Sept. demand pick-up
- D&B, ECGC join hands to provide website for exporters
- ESC move for tie-ups with Singapore cos in electronics
- Top 3 rubber nations to buy up stocks to bolster prices!
- Jaitley asks MoPT to formulate schemes to attract cruise-liners
- AAI infrastructure plan to boost air traffic in North-East
- TCI plans to branch out overseas
- State government plans to set up AEZs at Aurangabad, Nagpur
- Finance Ministry may not back farm export subsidy plan
- Inflation rate dips
- Tax holiday draws 100 units to Kutch dist.
- FCI suspends rice release under tender accepted in April
- Use e-communication to expand business, urges Joint DGFT
- Forex reserves up by $ 177 m
- Rana: Action plan to revive textile industry, exports on anvil
- Stamp & Sales Tax Acts in for change
- Assocham urges early wheat export quota policy
- Forex reserves up by $ 118 million to $ 43,278 million
- IIJS to be exclusive trade show for 3 years
- Advantages of Surat SEZ highlighted at Federation of Gujarat Industries’ seminar
- Int’l garments fair in Delhi from July 14
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| JULY 9, 2001 |
- IEA worries about winter squeeze on oil
- Big spread between bid/offer in Rotterdam barge trade
- Arab Gulf prices rise with Platts/tighter avails
- Korea starts week with steady prices
- Singapore fixing levels little changed in slow market
- Singapore: MPA warns against delivery of "Cappuccino Bunkers"
- Oil prices firm as US crude oil imports seen lower in weeks ahead
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| JULY 9, 2001 |
- ISO 9002 certification
- 4th Iberian Logistics Symposium
- Hangartner on new ground
- Kombiverkehr takes a new turn
- The Lufthansa Ark soars
- «Separate freight and passengers»
- The Swissair Group
- Alitalia
- United Airlines
- Jet Aviation Handling
- Panalpina opens additional branches in USA
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| JULY 9, 2001 |
- US railroad association figures for June show decline in rail carload traffic numbers
- Orient Oversees Container Line christens new 5,500-teu OOCL FRANCE in Shanghai
- Port of Tacoma goes with Father & Son for Maersk terminal break room move
- Precision Castparts wins $130 million contract for five-year series of aircraft engine castings
- Port of Bellingham bumps up contracts for construction of Squalicum Mall replacement
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| JULY 10, 2001 |
- Heaven sends Russian cargoship miracle to survivors of aircraft crash
Mike Smith was not a religious man. But when he ditched his single engine airplane into the cold, raging North Pacific sea, he prayed — and boy, somebody came through. Mr Smith was on...
- Independent debacle sparks ship cover chaos
SHIPOWNERS and marine brokers are calling for cast-iron assurances over the strength of insurance carriers and their backers, as chaos spreads in the wake of the failure of once-prominent UK operat...
- Swan Reefer takes over Vestey’s Star Reefers
Swan Reefer is taking over the Vestey Group’s Star Reefers business in a $35m deal which transforms the Oslo-listed company into one of the largest refrigerated shipping operators in the worl...
- Clarksons buys 49% stake in Paris broker
IN linE with its expansion programme, Clarksons has announced its acquisition of a 49% shareholding in the Paris-based shipbroking company Agence General d’Affretement. The link will...
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| JULY 9, 2001 |
- Abu Dhabi box fleet under arrest
- Toll hike may fund Canal expansion
- Evergreen in marijuana probe
- Arcadia cleared to sail
- UK needs ‘fewer ferry services’
- Oman relents on cruise visas
- Riverwijs moves into Dampier
- Monsoon adds to Qasim's woes
- CMA CGM close to Cagliari stake
- Swan buys Star Reefers for $35M
- Protesters target G-8 cruise ship
- Singapore ship stock delisted
- Chittagong hit by further strike
- Paris agrees fresh aid for SNCM
- Adriatic ferry sector levels off
- Officer killed in lifeboat accident
- Jamaica fears banana future
- Intertanko welcomes bunker move
- Supercats in more trouble
- Dutch take river knowhow to US
- Antofagasta counts cost of strike
- Italian yard eyes up CMR
- Commodore files restructure plan
- Ocean Glory certificates withdrawn
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| JULY 9, 2001 |
- Flender Werft Receives Containership Orders
- Atlantic Market Freight Rates Fall Steadily
- Noble Drilling Rig Damaged in Severe Weather
- Statoil Commences Drilling Off Faroe Islands
- Woldwide Offshore Rig Utilization Plummets
- Lehman Bros.: General Maritime Is A Strong Buy
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| JULY 9, 2001 |
- Green group battles Jebsen
Environmental campaigners attack Atle Jebsen for bringing panamaxes to Spitsbergen.
- Skaugen profits climb
Shipowner IM Skaugen triples interim profit, but gas activities look less strong.
- Wan Hai boxship ablaze
A containership belonging to Taiwan's Wan Hai Lines is reported to be on fire.
- APL extends reach
The US line is offering European shippers links to the Caribbean and Central America - and vice versa.
- Clarksons may launch more French raids
The UK firm is not ruling out further French expansion after buying 49% of Paris-based dry cargo broker AGA.
- Swan spends $35m on star deal
Ugly ducking finds a stellar future in deal to take over 24 ship Vestey fleet.
- General Dynamics extends takeover offer again
The US shipbuilder is awaiting government approval to buy out the Newport News yard.
- Israel's Zim stake could be sold by October
The race to buy the state's share of the Ofer-managed boxship operator could be over sooner than expected.
- WG&A profits soar
Philippines shipowner William Gothong & Aboitiz is reversing its loss-making trend with healthy first quarter results.
- Pilot error cited in Daewoo chopper crash
Investigators say low altitude flying may have caused the Daewoo shipyard's fatal helicopter accident last week.
- Cho Yang board to get the boot
Board of directors at troubled Korean liner firm given their marching orders as it tries to cut costs.
- Agip ties up Valles newbuilding
Valles John Koo is in celebratory mood again after fixing the last of his aframax newbuildings on time-charter.
- OMI takes second Kulukundis tanker
OMI Corp, headed by Craig Stevenson (right), can not stop buying tankers.
- Attika's Arcadia released to sail Great Lakes
US authorities allow ship to carry on cruising after failing series of health inspections.
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