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| OCTOBER 17, 2001 |
Shipping News
- New ferry company being launched next month
A new high-speed passenger ferry service will be launched in Singapore next month with an initial fleet of six newbuild vessels worth $25 million, the first of which is to be delivered this week.
- 'Minor glitches' in Bremerhaven's software switch
- India unlikely to have cruise ships calling
- Total to appear in court next month over Erika disaster
- Flinders group buys S Australia ports
Air and Land Transport
- Germany against giving aid to airlines but France willing
EUROPEAN governments and airlines are in a quandry over the issue of government aid to the embattled carriers.
- India's aviation sector headed for troubled times
- Korean Air, Asiana to get 250b won govt loans
- 5m customers affected by United flight cuts
- FAA to review airport screeners
- BA, Air France Concordes to resume flying on Nov 7
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| OCTOBER 17, 2001 |
- EMTA revises charges upwards
- New cranes delivered to Panama port
- Vietnamese ports to introduce terminal handling charges
- CSA joins JAS for Tokyo service
- Sapporo added to Cathay list
- US signs open skies agreement with Morocco
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| OCTOBER 16, 2001 |
- Eurotunnel revenue down by 3 per cent
- Delta to discontinue service to Japan
- Tighter cooperation KLM and Hungarian airlines
- Geest appoints senior manager for Italy
- China Airlines and JAS in joint service
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| OCTOBER 17, 2001 |
- Move for selective easing of Cabotage laws upsets Indian shipowners
- 2 reports on shipping, ports getting ready: Goyal
- Soyameal exports may touch 1 mt by month-end
- Swelling freight costs may hit exports: EEPC
- Perishable commodities exports may be adversely affected - Fieo, Apeda urge govt to reverse airfreight, insurance premium hike
- Goa to host maritime meet on Oct. 19-20
- MbPT Officers’ Association felicitates P. K. Abraham on ChPT posting
- Go for brand image, Minister exhorts coir industry
- Auto industry bid to form EPC
- Rana assures handicraft exporters a better deal
- IDBI co-opts 3 more banks for TUFS
- Cut export credit rates, Assocham urges RBI
- EOUs submit list of demands to CBEC, RBI - Simpler customs procedures, softer credit terms sought
- Industry must pass on excise duty benefits: Sinha
- CSB set to stamp seal of quality
- Foreign Trade Analysis: Current Policy & Procedures
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| OCTOBER 16, 2001 |
- Oil analysts at odds on oil price now and next year
- Bominflot Estonia increases barge capacity for fuel oil
- Montevideo and Alpha Zone market update
- Singapore stays soft, avails set to improve
- Bunker update from Russian ports
- Crude oil little changed ahead of weekly US oil statistics
- Novorossiysk oil throughput set to double with new pipeline
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| OCTOBER 17, 2001 |
- Fiata
- Africa Middle East Region (RAME) Cancun October 5th, 2001
- Menzies Aviation Group acquires Parc Aviation Handling in Dublin
- Tesco state-of-the-art distribution center is opened at Thurrock
- Geest appoints senior manager for its fast-expanding Italian business
- Hub Group names Dennis R. Polsen vice president & chief information officer
- Norfolk Southern declares quarterly dividend
- DuPont extends provider agreement BDP
- Sapporo added to Cathay list
- US signs open skies agreement with Morocco
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| OCTOBER 16, 2001 |
- SENESCO inks $3 million in new contracts
Southeastern New England Shipbuilding Corporation, North Kingston, R.I., reports that it has signed contracts for construction of three barges and pier floats. Total estimated value is around $3 million.
- More orders for Austal
Austal Ships, Australia, and Austal USA have secured contracts for new vessels with a combined contract value of approximately US$26 million.
- Manitowoc wins $82.4 million USCG icebreaker contract
The Manitowoc Company, Inc. announced yesterday that the United States Coast Guard has awarded Manitowoc Marine Group an $82.4-million contract to build a new Great Lakes ice breaker.
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| OCTOBER 17, 2001 |
- Royal Olympic faces plunge into the red
ROYAL Olympic Cruise Lines has warned it will land back firmly in the red this year as a result of the fall-out from the September 11 attacks on the US, as pressure continues to mount on smaller cr...
- Korean register bans 20-year old ships in bid to improve record
The Korean Register of Shipping has taken what is believed to be the unprecedented step of refusing to accept for class bulk vessels of more than 20 years old. The ban applies to deepsea ta...
- Royal Caribbean lays off 15% of Miami workers
ROYAL Caribbean International has laid off 500 employees, or about 15% of its 2,700 strong workforce in Miami since September 25, writes Giovanni Paci. The jobs toll of Florida-based cruise...
- Marianne adds mystique to hull cover market
GUESS who has brought a soupçon of glamour to the staid old world of marine hull insurance? Naturellement, the French. Making her début in this most ancient of insurance sectors is Marianne...
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| OCTOBER 16, 2001 |
- Israeli ports hit by stoppages
- WRP threatens UN shipments to Iraq
- New bunker alliance in Trinidad
- Cruise chief warns Caribbean ports
- Awilco seeks home for cash pile
- China’s courts win wider powers
- Costa revises winter programme
- Box detention 'a serious problem'
- Carriers slam Suriname storage hike
- Spain fights back in ferry furore
- KDB agrees to buy HMM bonds
- Hanjin will not ditch United
- Adsteam wins Addie
- Tanker phase-out spooks US
- Bid to refloat Ikan Tanda today
- Malaysia fears for palm oil trade
- Vote called on new Kværner board
- Union calls for MDD enquiry
- Seven up for JNPT chemical terminal
- Drummond coal mine faces closure
- Rogue ferry sparks Gibraltar scare
- Korean ship finance plan cleared
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| OCTOBER 16, 2001 |
- Delta hikes surcharge, cuts Japan flights
The carrier has imposed additional fees to offset higher costs, and announced sharp cutbacks in its trans-Pacific flight schedules.
- EU warns on airline aid
The EU's transport commissioner warned member governments not to exceed limits on state aid for airlines hit hard by the U.S. hijackings.
- China yards get European boost
Two European ship design and newbuilding groups have joined forces to provide design services for growing Chinese shipyards.
- Port of Houston lobbying for TPA
- Crowley Maritime chooses G-Log
- NTE growth continues
- Corpus Christi, Savannah ports scramble after food shipper goes belly-up
- Broström gets new tanker
- Canada carriers, drivers agree on hours of service
- First flight for CargoLifter
- Web cargo booker sees surge
- Lufthansa, Iberia mull cost cuts
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| OCTOBER 17, 2001 |
- Hutchison Whampoa va prendre la majorité
dans ECT
L’entreprise de manutention rotterdamoise
Europe Container Terminals (ECT) va passer à raison de 60%
dans les mains du groupe asiatique Hutchison Whampoa. Ce dernier va
investir 125 mio. de florins dans l’augmentation de sa
participation qui est de l’ordre de 25%. On peut ainsi faire un
parallèle avec la situation anversoise où PSA Corp, va
prendre dans quelques semaines une participation majoritaire dans la
société fusionnée Hesse Noord Natie. Conclusion:
la majeure partie du trafic containérisé dans ce port
mosan sera contrôlée par ce groupe asiatique. Ce sera
chose faite avant la fin de l’année.
- Geodis va devoir être restructuré et
recapitalisé
On comprend désormais mieux pourquoi Geodis
avait annoncé à la fin juin qu’il était
obligé de réétudier le dossier de
l’intégration du Sernam, sous prétexte d’une
absence de feu vert officiel de la part de la Commision
européenne: la filiale routière et logistique de la
SNCF a enregistré des pertes énormes au premier
semestre 2001. Elles sont entre autres dues à
l’hémorragie chez United Carriers en Grande-Bretagne,
mais également à une décision
stratégique: se concentrer sur les activités rentables
et se séparer des autres... ce qui a supposé de
très fortes provisions. Les résultats semestriels
révèlent par ailleurs qu’il y a eu
également des évolutions positives dans certaines
divisions, comme Calberson, la logistique ou Borgey Montreuil.
Décryptage d’une situation qui va notamment contraindre
les actionnaires à recapitaliser la société.
- Swissair recherche 2,5 à 4 mia. de CHF
supplémentaire
Afin de pouvoir créer une nouvelle
compagnie aérienne suisse rentable, proposant tant des vols
régionaux qu’intercontinentaux, il faudrait 2,5 à
4 mia. de CHF plus que prévu à l’origine. La
nouvelle compagnie pourra seulement maintenir l’aéroport
de Zurich comme hub international si ces moyens
supplémentaires sont trouvés. Suite à une
réunion du groupe de travail dimanche dernier, qui
contrôle les pourparlers concernant la future nouvelle
compagnie, André Dosé, le CEO de Crossair, a
déclaré que trois scénarios ont
été établis. Le gouvernement suisse prendra une
décision mercredi prochain.
- Les routiers manifestent pour la semaine de 48
heures
Hier, une centaine de militants des syndicats de
routiers UBOT (Union Belge des Ouvriers du Transport) et CSC-Transcom
ont organisé une action de sensibilisation ludique sur la
place de la Monnaie à Bruxelles dans le cadre de la
journée d’action “la fatigue est mortelle”. La
caravane s’est ensuite rendue au cabinet de la ministre de
l’Emploi et du Travail Laurette Onkelinx, où les
manifestants ont présenté leurs exigences: semaine de
48 heures pour tous les chauffeurs professionnels, contrôles
sévères, introduction du tachygraphe
électronique et d’une carte de chauffeur.
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| OCTOBER 16, 2001 |
- Boston reopens to LNG ships
Arrival dates of LNG vessels will be kept confidential due to security concerns.
- BP, Petrotrin in bunkering alliance
An additional barge will be in service in the Caribbean due to improved port logistics.
- Lay-up forecast for boxship newbuildings
Shipbroker Howe Robinson presents a chilling picture for new post panamax containerships.
- P&I clubs cancel war cover
Precautionary notice issued but no plans as yet to impose extra premiums.
- Docenave capesize held in UK
Port state control inspectors held 17 ships in the UK during September.
- Bogus report threat to tanker safety
Substandard owners find a way around SIRE - falsifying their own reports.
- Canada holds nine
Canadian port state officials detained nine ships in September, while another was held from August.
- Marianne teams up with Britannia
French newcomer seeks long term relationship with quality shipowners.
- Blystad to mop up remaining Team shares
US-based owner Arne Blystad can now make Team Shipping investors an offer they can't refuse.
- Royal Olympic warns of $12m losses
Another cruise operator is idling ships and laying off staff in the wake of the US attacks.
- Forth Ports remains on acquisition trail
The UK ports group still wants to expand, despite missing out in its bid to run Adelaide.
- Hyundai Mipo sets target for repair exit
Korean shipbuilder aims to shift its entire operations over to newbuilding work in the next four years.
- Lenders help out HMM
Banks are taking over KRW 200bn of Hyundai Merchant Marine's bonds.
- New board likely at Kvaerner
Russian oil group Yukos could gain seat at top table of troubled Norwegian group.
- Japanese blast Cemtex General
U-Ming bulker among 42 port state control offenders detained by Japanese authorities in September.
- Knightsbridge hits the floor
Sinking tanker rates reduce investor payout to lowest level for 15 months.
- Adsteam wins Australian ports contract
The Australian tug firm will operate seven privatised ports, including Adelaide.
- Pertamina VLCC tender falls flat
Tanker Pacific and World-Wide's S&P deal looks set to fold as charterer pulls plug.
- Maritrans third quarter profits almost halve
US domestic tanker and barge operator sees net income down considerably year-on-year and plans early debt pay-down.
- Manitowoc wins USCG ice-breaker order
The US yard is to build an $82m coastguard ship to operate on the Great Lakes.
- Kyokuyo Shipyard in order intake spree
Medium-sized Japanese shipbuilder has scooped three newbuilding deals in as many weeks.
- EXA eyes Rembrandt for timeshare at sea
Letter of intent signed to acquire ex-Premier Cruise Lines ship for new cruise venture.
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