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29 September 2020 The on-line newspaper devoted to the world of transports 16:50 GMT+2

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Shipping Timesweb site
SEPTEMBER 10, 2001
Shipping News
  • PSA's global terminal ventures set for further growth, expansion
    PSA Corporation's international terminal ventures will continue to grow and warrant expansion despite Singapore's throughput contraction, according to deputy group president of operations Ng Chee Keong.
  • Belgium port deal likely in Q4
  • Daewoo Ship's interest costs to rise by 1b won
  • Collision of Taiwan, Viet tankers causes major oil spill
Air and Land Transport
  • Asian freight sales drop further in August
    ASIAN freight forwarders said their drop in business extended into August, pushing back hopes of a recovery for some companies well into next year.
  • Lufthansa to order 15 Airbus A380 super jumbos
  • JAL may decide not to lease jet
  • 'Less than one in billion chance' of another Concorde crash: official
  • Phnom Penh's new terminal opens

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Sched Netweb site
SEPTEMBER 10, 2001
  • ABP appoints new directors
  • Pacer appoints Kooyoomjian
  • China Southern Airlines moves towards merger
  • Load factor decreases at KLM
  • Survey shows July cargo decline
  • Boost to China's western air infrastructure

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Cargowebweb site
  • Profit NOL down 78 per cent
  • 8 per cent more containers New York-New Jersey
  • ITF action against Liberia case
  • Deeper problems Air New Zealand
  • Cola seller becomes logistics boss
  • Shippers regret end to rail service
  • New York shipping information via the web

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Exim Indiaweb site
SEPTEMBER 10, 2001
  • 7-man Rakesh Mohan committee to study tonnage tax
  • Fieo sponsors multi-product business delegation to C. Europe
  • India, Pak businessmen interested in enhancing trade
  • EEPC switches focus to fairs abroad
  • Pak to allow even banned Indian goods at September 2002 trade fair
  • ITA lowers tea export target
  • Goa Shipyard declares 20 pc dividend
  • Azhikkal port to be developed
  • Gujarat plans to set up 2 more SEZs
  • Lufthansa flying Bangalore to Frankfurt non-stop
  • Concorde on runway again
  • Alitalia Cargo enters SkyTeam network
  • Emery Worldwide launches air freight express service
  • Emirates boosts A330 fleet
  • EIA Launches Malaysia Freighter Service
  • Qantas names CEO for new airline
  • China Airlines cargo goes on-line
  • Emirates goes virtual
  • Import licence fee for individual drugs hiked
  • Mckinsey lists 3 barriers to 10 pc GDP growth
  • Export subsidy may be limited to select farm products
  • Paddy MSP slightly hiked
  • Sales of multi-axle trucks shoot up
  • Govt will observe Year of Implementation - PM
  • Government sets 3-month agenda for faster economic reforms
  • Cidco submits report on Navi Mumbai airport feasibility to govt
  • Onion export freeze brings down prices
  • NBoT may file new petition for dealing in sugar futures
  • Texprocil Chairman lists major exports hurdles
  • Foreign Trade Analysis: Current Policy & Procedures
  • ICAC projects record world cotton supplies
  • Big-3 rubber nations to trim output, exports

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The Bunker Bulletinweb site
  • IPE Brent crude hits new high on Iraq nerves
  • Straight run versus cracked fuel oil in Piraeus
  • New weekly global averages
  • EIA: Oil inventories shrunk over summer
  • Indonesian oil output declines
  • Singapore ends week on firmer note
  • Firm Friday in ARA, short term Antwerp refinery problem
  • Big crude gains as US oil stocks fall
  • IPE records strong volume performance

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International Transport Journalweb site
  • Maersk Logistics launches M*Power Executive
  • Cross-straits deal finalised
  • Changan Airlines aims for stock listing
  • Discussions underway over Haneda expansion
  • SIA blow to Air India sale
  • Ban on overseas remittances by forwarders lifted in China
  • Cosco waits for cross-straits clearance

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World Wide Shipperweb site
  • Coast Guard set to decommission nation's oldest working buoy tender
  • Portland airport celebration marks completion of three projects
  • Rail freight traffic totals down for month of August
  • NOL sees decline in profits during first half of this year
  • Boeing predicts Mexico will need nearly 400 planes over next two decades

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The East Africanweb site
SEPTEMBER 10, 2001
  • Cut Taxes - Tanzania Truckers
  • Kenya's Building Industry Falls on Hard Times
  • Dar's Bandari Chosen as EAC's Maritime College
  • New Zealand, Nauru Accept Afghan Refugees
  • Kenyan Roads to be Made of Concrete

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Lloyd's Listweb site
SEPTEMBER 10, 2001
  • Eurotunnel welcomes idea of British bobbies
    Eurotunnel has welcomed reports that Paris will allow British police on French soil to prevent illegal immigrants gaining access to the Channel Tunnel at Calais. French minister Daniel Vaill...
  • Shares in NOL fall to new low
    SHARES in Neptune Orients Lines hit a 28-month low on Friday following a 78% dive in first-half profits and a warning of a possible full-year loss. NOL's shares closed down 8.3% to lan...
  • CP Ships hit by global slip
    CP S hips lost value last week as its grey market share price slumped in line with a general slide in stocks around the world. The decline reduced its market capitalisation to US$743m compar...
  • Marine insurance newcomer wins key backing in Norway
    A GROUP of leading Norwegian investors, including the head of the huge Bergesen group, has expressed its confidence in a clear upturn in the marine insurance market by lending backing to a new, ind...

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Fairplayweb site
  • Industry split on Jones Act pan
  • Windoc under way
  • Italian ro-ro link to be launched
  • Colombo gets security audit
  • Slowdown hits container market
  • Cosco Pacific profits up 21.5 per cent
  • Bette-Lyn saves seven salvors
  • Morcon strengthens Rotterdam role
  • Policeman held over 'illegals'
  • Culture is no problem - crew study
  • Bodies found in Italian container
  • ITF calls for Liberian withdrawal
  • Buyers scramble for Lloyd Werft
  • New maritime minister for Korea
  • Japan targets Korean yards
  • BP to back Trinidad's Petrofin
  • Karachi yard seeks $37M facelift
  • Guayaquil moves towards free zone

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The Journal of Commerceweb site
  • Trans-Pacific lines mull capacity reduction
    Shipping lines are so desperate to halt plummeting freight rates that they are studying a plan to artificially restrict capacity.
  • STB OKs CN-WC merger
    The deal creates a rail system with nearly 18,000 miles of track in the U.S. and Canada.
  • 3PL growth to slow: Report
    Third party logistics providers could be looking at a period of slower growth in coming years, according to a shipper survey.
  • Senate makes tech exports easier
    The Export Administration Act of 2001, which eases restrictions on exports of sensitive technology, now heads to the House.
  • Study finds 229,000 jobs created by Port of NY/NJ
  • UPS Logistics snares Samusng contract
  • Smith tabbed as ACPA chair
  • TMM launches Asia-S. Amer.-S. Africa route
  • Cosco HK unit profits jump
  • Bangladesh carrier launches Indian feeder
  • Court cites Mead in ruling against importer
  • NOL first-half profits tumble
  • Dockworkers to protest EU port reforms
  • Former NY/NJ port exec Borrone to be honored

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Antwerpse Lloyd n.v.web site
  • Kühne & Nagel, SembCorp et USCO unissent leurs forces
    Le prestataire de services logistiques suisse Kühne & Nagel a atteint son objectif: il est désormais en mesure de proposer une prestation de services mondiale aux entreprises multinationales en matière de logistique et de supply chain management. Grâce à la connexion de son propre réseau au réseau asiatique de son partenaire SembCorp Logistics et au réseau américain de la filiale Usco Logistics et grâce à l’intégration des services et du savoir-faire de ces trois partenaires, le client ne doit plus désormais s’adresser qu’à un seul interlocuteur pour obtenir des solutions globales.
  • Renault confie une plus grande part de sa logistique à Visteon
    Le producteur de composants américain Visteon est parvenu à étendre au Mexique son contrat avec Renault, limité jusqu’à présent à l’approvisionnement d’usines européennes. L’unité de production au Mexique, chargée de la fabrication du tableau de bord pour la Scenic, fabriquera à partir de novembre également le tableau de bord de la nouvelle Renault Clio qui sera produite au Mexique. Visteon fournira également le système d’air conditionné pour ce modèle.
  • NOL: les activités de ligne pèsent sur le bénéfice (-78%)
    Le groupe de transport et de logistique Neptune Orient Lines (NOL) a enregistré au cours des six premiers mois de cette année une hausse du chiffre d’affaires de 6% à 2,3 milliards d’USD. Le bénéfice a toutefois chuté de 78% à 11 millions d’USD. Le bénéfice avant impôts a régressé de 36% à 78 mio. d’USD. Selon le CEO du groupe, Flemming Jacobs, ceci est dû à l’impact du ralentissement de la croissance économique sur les activités d’APL dans le secteur du liner. Les deux autres activités de base, APL Logistics et la division citernière American Eagle Tankers, ont fourni une contribution positive tant au chiffre d’affaires qu’au bénéfice.
  • Transforwarding est le nouveau partenaire de SLI au Benelux
    Le groupe d’expédition néerlandais Transforwarding est le nouveau partenaire au Benelux du groupe espagnol SLI (Servicios Logisticos Integrados), le numéro cinq du secteur logistique en Espagnel. Transforwarding remplace la firme Nilsson, qui a mis un terme à ses activités.

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TradeWindsweb site
  • GMS denies market manipulation talk
    Cash buyer, Anil Sharma, says he is not driving up US scrap ship prices.
  • Enterprises awaits Korean decision
    Financially troubled shipowner hopes court will free Ocelot Max within three weeks.
  • Cruise industry enjoys bullish outlook
    Ageing boomer, and increased penetration in Europe and US will jack up demand in the long run.
  • EU, China eye maritime pact
    A deal may grant European shipping firms the right to set up shop in China.
  • Cyprus, Russia continue Virgo protest
    The first US court hearing for the fatal hit-and-run case is set for 22 October.
  • Cruise operators' cost cut to boost earnings
    Carnival and other larger cruise liners have trimmed their air ticket commissions to travel agents by 5%.
  • CruiseShares signs ship deal
    A chance to splash out $10,000 plus for a timeshare on an old Soviet ferry.
  • P&I club warns on Antwerp thefts
    Spate of crime prompts call for vigilance at top port.
  • Yi-Tong teams up with boxship giants
    The Taiwanese firm is joining up with Uniglory and Yang Ming for a new Hong Kong service.
  • NOL shares sink to 28 month low
    Singapore logistics and liner company's bad interim results send share price spiralling downwards.
  • Vroon turns to Amer after Team defeat
    Dutch group "unhappy" after losing tanker takeover battle, but must now weigh up move for Ravi Mehrotra's reefers.
  • Kristian Siem ups Swan stake
    Investor shows confidence in rescued reefer venture.
  • Precious targets loan
    The Thai bulker owner needs cash for fleet renewal, but is putting a share issue on the back burner.
  • Equity disposals boost profits at Cosco Pacific
    The sale of securities lifts otherwise unchanged interim profits at container leasing and terminal operator.

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