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| OCTOBER 10, 2001 |
Shipping News
- Shipbuilders in Europe appeal for subsidies
EUROPEAN shipbuilders appealed to European Union governments to resume subsidies and file an international trade complaint against South Korean public support for shipyards.
- UN seeks funds to charter aid ships
- Global phone services for seafarers launched
- Shippers' group calls for open environment
Air and Land Transport
- US airport security still uneven
EVEN as airport security remains the tightest most travellers have ever seen, the type of checks that passengers must undergo can be as varied as the skylines of Austin and Chicago.
- Airline industry will recover in a year: Iata
- Air NZ likely to cut back more flights: analysts
- Italian-Thai group wins Bangkok airport tender
- Virgin Blue hires Goldman to sell stake
- Swissair Group to cut 9,000 jobs
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| OCTOBER 10, 2001 |
- EMTA slashes war risk surcharge
- Foreign trade up at Ningbo
- OOCL and MISC launch new Iberia Scan Express
- Port of Long Beach reports year's high for August
- Indonesian agents stall
- SF Maritime takes on Sinsov
- Shippers' Council stresses importance of CTN to Cotonou
- Jebel Ali plans berth expansion
- KLM Cargo to increase rates from November
- Sabena courting Virgin
- FedEx compensation
- Airborne previews Q3 results
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| OCTOBER 9, 2001 |
- TNT Express and KLM Cargo expand partnership
- 'EU to ease airline aid rules'
- Air New Zealand ceo allowed to find another job
- P&O Ports acquires Australian services firm
- Boeing And ST Aero Deliver first MD-11 freighter to UPS
- Standardised interim schedules Swissair
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| OCTOBER 10, 2001 |
- Farm exports clock 24 pc rise
- CR sheets too face anti-dumping duty in US
- Anti-dumping duty on styrene butadiene rubber imports stays
- Gangavaram port project draws investors’ interest
- Kandla Port congestion eases
- Some Asian airlines avoid war zone
- Apex chambers weigh war impact
- GM cotton being cultivated in Gujarat!
- Expenditure reforms panel moots merging of roads, shipping ministries, TAMP replacement
- Decision on duty exemption for drugs put off
- Sinha, Jalan see no immediate impact of war on economy
- Woollen EPC happy : DBK hike
- CSB submits 5-yr plan to Textile Ministry
- Ministry rules out duty-free imports by SEZ developers
- Govt removing more hurdles to expedite FDI inflow
- 3 agricultural export zones approved
- Petronet LNG terminal project cleared
- Govt drawing up aggressive export marketing strategy
- Modified drawback rates leave textile exporters dissatisfied
- Foreign Trade Analysis: Current Policy & Procedures
- No storm in coffee exporters’ cup!
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| OCTOBER 9, 2001 |
- Nymex crude opens little changed as analysts doubt OPEC can stop price slide
- Singapore "cappuccino bunkers" in the spotlight again
- ARA fuel oil prices trade lower in slow market
- Oil prices seen weak until OPEC makes a move
- Russian market update
- Crude oil firms a little on rumoured OPEC cut
- Bakri introduces spot prices in Saudi Arabia
- ExxonMobil and Imperial Oil boost Vancouver marine fuels service
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| OCTOBER 10, 2001 |
- Munich
- EuroAirport
- Friderici buys Steiner Transport
- Weitnauer outsources logistics
- Brandt Group
- Deutsche Transport-Compagnie
- Bulkmatic Transport Company
- Mont Blanc: on schedule to reopen in 2001
- Poseidon Lines: Cyprus/Israel ferry service
- Bulcon restructures services in the Eastern Mediterranean
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| OCTOBER 9, 2001 |
- Keppel puts more yards under Keppel FELS control
Singapore's Keppel Corporation Limited (KCL) will restructure Keppel Hitachi Zosen Limited (KHZ) under Keppel FELS Limited. The aim is to "create a global leader in servicing the international marine and offshore market."
- IMO adopts convention on control of harmful anti-fouling systems
A new IMO convention will prohibit the use of harmful organotins in anti-fouling paints used on ships and will establish a mechanism to prevent the potential future use of other harmful substances in anti-fouling systems.
- IACS warns on dangers of inadequate onboard manuals
"Poorly produced manuals with ambiguous content, together with technical materials presented in languages which cannot be understood by those on board, have contributed to serious accidents and near misses," says the International Association of Classification Societies .
- Improved Vancouver marine fuels service
ExxonMobil Marine Fuels (EMMF) and Imperial Oil have commissioned a new double-hull barge to complement existing marine fuels services at Canada’s port of Vancouver.
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| OCTOBER 10, 2001 |
- Kursk begins final journey
A Russian navy officer looks on as the Kursk submarine is towed underwater to shore by Giant 4 barge. The nuclear submarine plunged to the bottom of the Barents Sea with the loss of all her crew after...
- Kvaerner admits profits peril on eve of cash plea
KVAERNER issued a profits warning yesterday on the eve of a critical investor presentation organised to solicit subscribers to a recapitalisation of up to NKr2bn ($232m) to stave off bankruptcy. ...
- Bourbon’s 12-ship plan shows offshore spirit
FRANCE’S Groupe Bourbon has revealed it is to order more than a dozen offshore supply ships over the next five years in its bid to become a leader in the deep offshore services market. ...
- Shipowners face crippling hikes in cover
BASIC hull and machinery insurance for shipowners has begun to rocket in price, in line with huge increases being charged for war risk cover. Insurance market sources said that underwriters...
- Bergesen eyes 51% in Krupp Seeschiffahrt
Bergesen, Norway’s leading bulk shipping group, is reported to have acquired a 51% stake in Krupp Seeschiffahrt, which operates some of the world’s largest dry bulk vessels, just days a...
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| OCTOBER 9, 2001 |
- Santos lets space to Paraguay
- Grounding halts Yangon traffic
- Officer shortage feared in Italy
- P&O Ned orders $200M reefer boxes
- Kværner forecast wobbles shares
- Bidders insist on control at Beirut
- War premiums stable, claims lawyer
- Cambodia aims for 'White List'
- Convention spells end of TBT
- Keppel shipyards to merge
- HMM plans sale of terminals
- Hyundai wavers on CEO walkout
- Restis family fights back
- Security tightened at Oz ports
- Korean orders 'set to fall sharply'
- Crippled bulker expected at Hobart
- Close yards, Indian govt told
- High hopes at Montevideo
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| OCTOBER 9, 2001 |
- Gorton: No chance for ocean policy change
Prospects for ocean shipping policy to be revisited by Congress in the near future are dim, said a former senator who helped craft recent legislation.
- FAA tightens security rules
The Federal Aviation Administration has tightened its cargo security rules in the wake of the U.S. and British air strikes in Afghanistan.
- EU won't ease airline aid rules
The European Union will lay down strict conditions Wednesday for government aid to airlines following the hijackings of U.S. airliners Sept. 11.
- United latest to add cargo fee
- Clapp first DOT truck safety chief
- P&O Nedlloyd places $200M reefer order
- Leading iron ore exporter joins Bolero.net
- Baton Rouge sets container-on-barge service
- Bangor & Aroostook sold for $62 million
- Minolta chooses Vastera
- Free trade party screening offered by NextLinx
- KLM Cargo, TNT Express link up
- CN completes Wisconsin Central takeover
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| OCTOBER 10, 2001 |
- TNT Express construit un nouveau complexe à Brucargo
La pose de la première pierre a donné le coup d’envoi officiel des travaux d’expansion de TNT Express à Brucargo hier mardi. Ce nouveau site permettra non seulement une nouvelle augmentation des volumes à Bruxelles mais contribuera en outre à améliorer les conditions de travail du personnel. L’expansion du centre représente un investissement de 22,5 mio. d’EUR.
- L’Administration reconnaît que l’organisation du service de pilotage laisse à désirer
La réunion lundi après-midi entre Jan Strubbe, le directeur-général de l’Administration des Voies Navigables et de la Marine (AWZ), et les pilotes a toutefois mené à la suspension de la grève du zèle pour une semaine. L’Administration aura donc une semaine pour satisfaire aux exigences des pilotes. Tant les pilotes que l’AWZ se montrent positifs quant à l’issue et d’ici une semaine, tous les problèmes devraient être résolus.
- Transsteel Line mise sur les trafics conventionnels shortsea
Depuis quelques années, Transaf, le bureau d’expédition du groupe sidérurgique Arbed à Anvers, opère son propre service de ligne shortsea entièrement basé que les tonnages générés par ledit groupe. Ce service est exploité sous le nom de Transsteel Line. Transaf, en coopération avec Rhenus Alpina Agencies ouvre désormais ce service à d’autres chargeurs. Transaf continue d’assurer la responsabilité de l’exploitation du service de ligne régulière, tandis que Rhenus Alpina Agencies se charge de la commercialisation de la ligne. En tant que booking agent pour Transsteel Line Rhenus Alpina Agencies intervient pour l’apport des cargaisons non-Arbed.
- Europe-Inde/Pakistan: EPIC envisage un accroissement de capacité, mais...
Le groupe EPIC qui opère entre l’Europe du Nord, l’Inde et le Pakistan va-t-il donner à sa flotte une nouvelle grandeur d’échelle, passant de 7 PC de 2.800 TEU à 7 PC de l’ordre de 3.500/3.600 TEU? Théoriquement l’idée serait d’atteindre cet objectif en avril/mai de l’année prochaine, mais rien n’est moins sûr. Certes, il y a un accord de principe entre les partenaires, mais des doutes subsistent sur l’opportunité de respecter ce délai, d’aucuns estimant qu’il est peut-être préférable de temporiser quelque peu.
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| OCTOBER 9, 2001 |
- US containership operators to raise rates
Evergreen will place a war risk insurance charge of $900 per 40-foot Middle East-bound container.
- Carnival financially exposed to AMCV
Carnival has the Patriot as a collateral for American Classic's $80m mortgage.
- Cruise industry watching AMCV closely
The three major cruise companies may benefit if American Classic Voyages ceases operation.
- Northrop Grumman turns tables
The aerospace company may close the Newport News acquisition deal as its bid rises.
- Cido Shipping eyes five-ship tanker order
Diversifying car carrier operator has ordered three MR product tankers and is close to concluding two more.
- ExxonMobil expands bunker barge fleet
The double-hulled barge will add 2,200 tonnes to the fuel supplier's capacity at Vancouver.
- Odfjell keeps on buying
Chemical carrier owner spends nearly $1m on share buy back.
- Portnet faces profit cut in 2002
South African ports monopoly will be a victim of lower tariffs next year, parent company says.
- USCG denies LNG ban in Boston port
All incoming vessels will be inspected on a case-by-case basis.
- US tenders for more jet fuel tankers
US Military Sealift Command has been active in Med and Persian Gulf spot markets.
- Alstom shares slide again
French shipbuilder's market value hit after Deutsche Bank downgrades stock.
- VLCC market heading for downturn
Lack of demand threatens rate fall for Persian Gulf tankers, with military strikes having minimal effect.
- Kvaerner yards face cash squeeze
Troubled group to slash shipbuilding working capital by $57m.
- Aker win Kvaerner probe
Kvaerner board concede Kjell Inge Rokke demand for crisis investigation - EU fails to agree on yard aid
Twin track plan to attack Korea but give aid to European yards derailed.
- P&O Nedlloyd spends $200m on boxes
Container line turns to China for record reefer container order.
- Keppel transfers Singapore yard to rig division
Keppel Hitachi Zosen will become part of Keppel FELS after equity restructuring.
- Arab yards say its "business as usual"
Repairers shake off uncertainty over US military action in Afghanistan.
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