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| OCTOBER 12, 2001 |
Shipping News
- Open registries may obscure Osama's shipping interests
GLOBAL intelligence agencies seeking to root out Osama bin Laden's shipping interests may be stymied by the fact that much of his covert shipping network is hidden within flags of convenience states or open registries.
- ITF recoups close to US$500,000 in back-wages
- Business as usual, says NOL Group
- Asian lines eye more businesses, takeovers in present climate
Air and Land Transport
- EC allows limited aid for hard-hit European airlines
THE European Commission met on Wednesday to approve limited aid for European airlines hit by the industry crisis caused by the September 11 attacks on the United States.
- Discounts, perks start to entice US air travellers
- New Hanoi airport terminal finally opens for business
- MAS to introduce new cargo surcharge after US attacks
- LA mayor wants a safer airport
Features
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| OCTOBER 11, 2001 |
- Euro allows limited carrier aid
- Rescue attempt Swissair may still fail
- Cap Gemini might take over IT of ECT
- Maas Groep to work with Exe Technologies
- ITF succeeds with 'Twin actions'
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| OCTOBER 12, 2001 |
- Shipping Ministry ready to trim charter hire rates: Dabhol LNG
- MTO status for Triple Lloyd
- Nepal to buy 20,000 t sugar from BSEC
- Bhel sets ambitious export target
- Korea buys 74,000 t soyameal
- Palm oil imports surge seen
- Tea exports fall by 9 per cent
- Tea exporters see rise in shipments to Pak
- NMPT volume rises by 7 pc in first half
- PPT appoints RITES as consultant for cargo berths construction
- VPT users suggest steps to improve box trade
- Austrian Airlines homing in on Hyderabad
- Govt still assessing war impact on exports
- 3 state govts set to evolve services package for AEZs
- Better handicraft designs to boost exports mooted
- More AEZs may be cleared soon
- Govt to divest stake in 5 PSUs
- Indian economy limps along - Trade,shipping & aviation sectors in troubled waters
- Govt to curb animal imports
- WTC organises 1-to-1 meet with Taiwan businessmen
- Centre for Corporate Excellence planned
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| OCTOBER 11, 2001 |
- US Gulf markets steady to soft despite firmer crude
- Argentina bunker update: softer prices
- Antwerp in trouble, Rotterdam loading delays improves
- North European market snapshots
- Italy market review
- DOE reports only minor US crude draw
- Brent a little firmer as traders watch for OPEC cut, IPE trading halted by fire alarm
- Montevideo/Alpha Zone bunker prices steady to soft
- Singapore fuel oil still tight, cargo firms too
- Piraeus avails OK, market quiet in Istanbul
- Korean market expected to rise as Singapore fuel oil firms
- Gibraltar bunkers little changed on mixed demand
- Polish market firmer after healthy demand
- Prices come down in sluggish Japanese market
- Hong Kong market expected to soften
- Halifax and Montreal markets largely steady
- Narrow trading range observed in New York and Philadelphia
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| OCTOBER 11, 2001 |
- Russian oil company takes stake in Kværner
Shares in Kværner closed some 25% up on the Oslo stock exchange following an announcement that Yukos Finance B.V., a subsidiary of the Russian oil company Yukos Oil Companya had acquired 586,487 shares in Kvaerner ASA. giving it approximately 10.0055% of Kvaerner's shares and votes.
- Ocean Rig faces another $20 million costs on first Bingo
Ocean Rig says Leiv Eiriksson's sea trials have lasted longer than anticipated. Problems during testing of equipment and systems have led to increased costs.
- Orders for FGH
Friede Goldman Halter's Halter Marine, Inc. unit reports that it has signed a contract with an undisclosed customer to build a 332 ft x 74 ft x 25 ft double-skin, clean oil tank barge with an estimated 80,000 bbl capacity
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| OCTOBER 11, 2001 |
- Port of Portland wins AAPA honor for public involvement program
- DOT boss wants Congress to toughen hazmat shipment rules
- Port of Long Beach director named new AAPA chairman
- Nation's railroads lifting restrictions on sensitive cargo shipments
- MOL warning of possible hikes in war risk insurance charges
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| OCTOBER 12, 2001 |
- Crociere, resta solo il Mediterraneo
La crescita del traffico passeggeri nei porti di Genova e Napoli compensa il calo registrato negli scali dell'Adriatico
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| OCTOBER 12, 2001 |
- Bilger admits Alstom is target for predators
ALSTOM group chairman Pierre Bilger yesterday admitted that the group had become a potential takeover target following the slump in its share price. The slump stems from the revelation that...
- Banks bullish on Renaissance sale
BANKS involved with the financing of eight Chapter 11-bound Renaissance Cruises ships entertain no doubts that they will be successfully sold. The eight recently built vessels can be expect...
- Papachristidis lashes shipyard standards
SELF-styled "class basher" Basil Papachristidis has turned his guns on the shipbuilding industry, with an outspoken attack on inadequate construction standards worldwide, writes Justin ...
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| OCTOBER 11, 2001 |
- First ETVs for German Baltic
- Congress urges for oil reserves
- Pakistan to seek withdrawal of WRP
- Snap poll will delay port reforms
- Busan about to start dredging
- HMM eyes 4,200 TEU ships
- Eletson breaks with tradition
- Bergesen eyes Krupp fleet
- Dutch steelmaker looks East
- Taiwan urges cross-strait exchanges
- Singapore plunges into recession
- SA ports 'costs lines $10M'
- Hellenic sale signing today
- Kværner shares dive, Russia buys in
- ITF slates LatAm shipping
- Drummond strike causes delays
- South India gets direct US service
- New insurance blow to cruise lines
- Minister opposes India’s WRP move
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| OCTOBER 11, 2001 |
- Long-term security plan needed: NY port chief
The Coast Guard and other agencies maintaining increased port security since the attacks of Sept. 11 "can only sustain this level of security for a short period of time," a New York port administrator told the Senate Thursday.
- Euro airports report steep cargo decline
A leading airport operator said U.K. cargo traffic declined 27.5% in September.
- Taiwan to open direct China links
Taiwan is likely to reopen direct links with China by allowing customs clearance and entry.
- Railroads resume hazmat shipments
- Consultant to invest in Web bunker auction
- Georgia ports see record TEUs
- Japanese carriers add surcharges
- DAS Air Cargo awards Heathrow contract to Menzies
- Canada adds customs agents, security equipment
- Continental adds cargo fee; cuts fuel surcharge
- TPG in China automotive logistics joint venture
- India-US service adds call
- Strategic Solutions, Softair in air cargo software agreement
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| OCTOBER 12, 2001 |
- L. de Palacio: “La sécurité ne peut pas servir d’alibi au maintien d’un monopole”
Comme prévu, la commission Transport du Parlement européen a procédé à un vote sur la proposition de la Commission européenne relative à la libéralisation des services portuaires. Sur les 270 amendements qui avaient été présentés, environ 80% ont été écartés ou retirés (en fait, certains d’entre eux se recoupaient). Bref, une cinquantaine sont passés. Toutefois, le rapporteur Georg Jarzembowski a vu son document connaître un sort assez particulier. Il y avait une majorité en sa faveur, mais lors du vote, il y eut 26 voix pour, 21 contre et 11 abstentions, ce qui signifie que la position adoptée n’est pas très claire. D’où sa décision de remettre son rapport à l’ordre du jour de
la prochaine session, moyennant certaines adaptations. Le séminaire organisé jeudi dernier à Anvers par l’ESPO sur la politique portuaire européenne venait donc bien à propos, car force a été de constater qu’il y a encore beaucoup à faire, tant les divergences subsistent entre les diverses parties concernées.
- Le personnel de Sabena dépose le travail pour 24 heures
Le cabinet restreint, qui s’est penché hier matin sur le dossier Sabena, déclare qu’un plan devra être déposé sur la table pour mercredi prochain afin de lancer une nouvelle Sabena. Aucune décision n’a encore été prise quant au plan social. Les syndicats protestent à ce sujet et annoncent une grève de 24h pour aujourd’hui.
- La scission des fonctions publiques et commerciales s’impose chez lesentreprises postales
Lors de la cinquième édition de Post-Expo 2001, qui a eu lieu du 9 au 11 octobre à Genève, les acteurs globaux ont également eu la parole. Anton van der Lande, le vice-président d’UPS, a plaidé pour une séparation plus évidente des prestations universelles et commerciales des entreprises postales. Il a ajouté qu’UPS n’a pas l’intention de s’aventurer sur le marché de la distribution postale traditionnelle. De son côté, Martin Vial, le président de La Poste, a laissé entendre que l’entreprise française n’a pas l’intention de se rendre sur le marché postal allemand.
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| OCTOBER 11, 2001 |
- Stelmar boasts strong earnings
The company's earning per share beats out industry consensus estimates.
- FBI warns of terrorist attacks
The US agency has received information on possible additional terrorist attacks in the US and abroad.
- Malaysia reacts to "likely target" report
The Malaysian government wants clarification from Washington on the US terrorist eradication plan.
- Stelmar appoints new directors
Stelios Haji-Ioannou will not seek re-election in 2002.
- HAL's expansion plan remains intact
Holland America Line plans to add five new ships and increase staff by 50%.
- US sending military troops to Manila
The move is part of efforts to eliminate militant groups linked to Osama bin Laden.
- Latin America fights substandard shipping
The initiative runs alongside the Asian Pacific week of action.
- Indamex lines to call at Tuticorin
Three containership owners will link southern Indian port to the US east coast for first time.
- Halter Marine secures tank barge deal
The barge construction deal will not create new jobs, but sustains the current workforce.
- Australia rounds up bulkers
Of the 18 ships detained down under in September, 16 were bulk carriers.
- Stelmar clinches charter extension
The five-year time charter for Almar will begin in November.
- K Line charters in Enterprises replacement
Japanese liner operator takes on more tonnage to cover for containership arrested in Korea.
- More cash for Anders Jahre asset search
Norway pumps another $3.7m into hunt for missing millions of long dead shipowner.
- P&O pledges further Argentine cash
Ports group chairman Lord Sterling says the development of a cruiseship terminal is still very much on.
- Yukos builds Kvaerner stake
Russian oil giant supports troubled Norwegian group by increasing its investment at vital time.
- Minoan to borrow for newbuildings
Greek ferry operator turns to the banks after pulling share issue.
- HDW wins battle for Hellenic Shipyards
German shipbuilder hikes $4m bid to secure Greek yard.
- Alstom chief in damage limitation bid
French shipbuilder's share price climbs after boss reduces estimate of Renaissance exposure.
- Carl Bro and Graig in China design link up
Danish naval architect and UK marine services firm team up to offer ship designs to yards.
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