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03 August 2020 The on-line newspaper devoted to the world of transports 16:58 GMT+2

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Shipping Timesweb site
MAY 21, 2001
Shipping News
  • S'pore yards to merge in next 12 months: UBS Warburg
    SINGAPORE's three leading shipyards will merge into one global giant with a market capitalisation of nearly $2.4 billion, within the next 12 months, according to investment banker UBS Warburg.
  • Manila's port operators post poor results
  • Thai plans to privatise main ports back on track
Air and Land Transport
  • BA forecast to chalk up full-year profit of 375m
    BRITISH Airways plc is set to report this week that full-year operating profits soared to around 375 million from 84 million last year, helped by its decision to cut capacity.
  • Lufthansa pilots reduce pay demands, expect accord soon
  • Metal part falls from Air NZ plane
  • Southwest Air to add flights to new city this year
  • United Air to let some workers wear religious headdress

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The Journal of Commerceweb site
MAY 18, 2001
  • Carriers cleared in SED fee probe
    The Federal Maritime Commission said that ocean carriers did not collude in imposing surcharges for handling paper shippers' export declarations.
  • U.S. economy worries MOL, "K" Line
    The carriers reported their annual fiscal earnings and indicated concern about what the effect of the weakening U.S. economy will be on the shipping business in the coming year.
  • OOCL takes space on United Alliance
    The carrier will take slots on the Asia-U.S. East Coast leg of the United Alliance's All Water Pendulum service next month.
  • Crowley shies from 'public' eye
    Becoming a publicly-held company is unthinkable at Crowley Maritime Corp., which recently paid investors more than $1,500 per share to keep its financial data out of the public record.
  • Fine Air files reorganization plan
  • CMA CGM upgrade S. America services
  • Lykes Lines adds Brazil call
  • Dragonair adds Osaka
  • Imports stall at West Coast ports
  • India slates trains to clear Chennai
  • Correction
  • United Cargo hikes domestic rates
  • Polar Air Cargo cuts workforce by 10%
  • Automotive hurts Pacer results

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Sched Netweb site
MAY 21, 2001
  • LISCR condemns "miserable" IRI action
  • Airlines face fight over EC tariff consultation ruling
  • BAX in reverse logistics
  • Northwest Airlines Cargo adds Asia/Cincinnati freighter

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Cargowebweb site
MAY 18, 2001
  • 24-hour strike at ECT
  • Higher profit JAL, but warning
  • Ports downturn Silicon Valley
  • 10 per cent exit Polar personnel
  • CMA CGM to South America
  • Higher rates United Airlines Cargo
  • Also a Belgian e-mail box
  • Postponement in Sabena Airbus order
  • Higher results Stinnes and Schenker

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Exim Indiaweb site
MAY 21, 2001
  • Saiprabha Marine Services opens container storage depot in Chembur
  • Maersk in Partnership with Sea Cadet Corps - Hands over 50 'Optimist' class boats
  • Customs Dept, CLA to be EDI-linked from June 1 - Export transaction to cost less
  • Study sees scope for increased trade with Bangladesh
  • Offshore banking facility at SEZs hinted at
  • Indonesian firm buys 1.6 lakh tonnes of Indian wheat
  • Ficci leading business team to Pakistan
  • India working out draft of FTAs for LatAm countries
  • CII pursuing tie-up potential with Europe
  • Ramdev Exports bestowed 'Niryat Shree' Award
  • JN Port becomes transhipment hub in reality - MSC tranships first lot of consignment
  • Agitation continues at Chennai Port Container Terminal Port users, CII call for immediate solution
  • Planemakers may be asked to review fuel-tank designs
  • Air NZ future looking good
  • World's biggest plane makes debut successfully
  • Sabena, Swissair go online
  • 3 Japanese firms may take part in Boeing project
  • Vietnam Airlines aims for up to 14 per cent growth
  • Sharjah plans to launch own airline
  • Air France orders Boeing freighters
  • CSA Czech Airlines joins SkyTeam Cargo
  • Drugs going off patent list to benefit industry
  • DCA issues 4 notifications on accounting records rules
  • Labour reforms will continue: PM
  • Apeda, NCTI MoU
  • Ficci to concretise tie-ups with Guangdong Province SEZ
  • Commerce Ministry finalises guidelines for MAI
  • Assocham to lead team for China on May 28
  • S. R. Kulkarni named trustee on Quake Fund panel
  • Singapore, Hong Kong visits fruitful: Sinha

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The Bunker Bulletinweb site
MAY 18, 2001
  • Another slow day in Rotterdam, prices firming
  • Houston bunkers sharply down after "bidding war"
  • Company moves and updates
  • New company details on
  • Brazil bunker price update
  • Crude steady to firm after Bush energy crisis report
  • New weekly global averages
  • Vancouver bunker market review
  • Mixed avails in Seattle and Portland
  • Some tight avails in San Francisco
  • OPEC may lower target price to protect market share

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Marine Logweb site
MAY 18, 2001
  • Icebreakergoes to work in Mexico
    The Finnish Maritime Administration's Fennica has gotten a summer job
  • Fredriksen set to bring LNG company to market
    John Fredriksen looks set to list Golar LNG first on the Oslo Stock Exchange, then in New York.
  • Comsat inaugurates advanced Inmarsat-A service
    Comsat Mobile Communications has inaugurated enhanced Comsat-A mobile satellite service.

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World Wide Shipperweb site
MAY 18, 2001
  • Port Portland executive director returns salary increase to stop questions concerning process
  • CSX employees successfully stop unmanned runaway train carrying 47 cars
  • Admiral of the Ocean Sea Awards winners announced for 32nd annual dinner and dance
  • New World Alliance plans to offer new direct service between Qingdao, China and Hamburg
  • Port of Pasco receives $880,000 from Qwest to use for three technology projects

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Lloyd's Listweb site
MAY 21, 2001
  • Titan's big roll solves port wreck problem
    A temporary ship-breaking yard has been set up to remove the wreck of the 28,454 dwt timber carrier Coral Bulker from a breakwater outside the Portuguese harbour of Viana do Castelo near Oporto, wr...
  • Fredriksen in Golar gambit
    John Fredriksen is backing a new liquefied natural gas shipping company which has raised $280m and intends to list on stock exchanges in Oslo and New York. And there is speculation that bef...
  • Vessel lock-in as Leer pulls plug
    Situated southeast of Emden, the German port Leer - which means "empty" in German - has almost everything it needs as Lower Saxony's major place of transhipment for bu...
  • Three dead as yacht collision closes port of Dublin
    Dublin port was closed for several hours yesterday when a yacht sank with five people on board after colliding with a general cargo vessel. One crew member from the yacht Debonaire was resc...
  • Eight oil majors win Saudi Arabian gas stakes
    Saudi Arabia has declared eight leading oil companies as winners in the race for a stake in its multi-billion dollar gas development initiative, the kingdom's biggest opening to foreign inves...

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Fairplayweb site
MAY 18, 2001
  • ANEK, Minoan confirm alliance talks
  • BIMCO pins scrapping hopes on China
  • NYK, MOL report higher profits
  • Weaker yen buoys Japanese yards
  • Malta union steps up strike action
  • Air-sea trial a success
  • Cho Yang dropped from pool
  • Maltese seek improved safety
  • DFDS sells head office for $14M
  • Onorato welcomes Tirrenia decision
  • Management gets Chennai moving
  • Baltic opens new coal route
  • Bulker refloated off Sri Lanka
  • ECT Rotterdam shut down
  • Changes advised at Seattle
  • Princess power unit to open in June
  • SSY/Fairplay sign data deal
  • Incat opens redundancy talks
  • Seattle signs up Hanjin
  • Nigeria tackles port congestion

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TradeWindsweb site
MAY 18, 2001
  • Fredriksen in massive LNG deal
    Norwegian shipowner raises $280m for speedy launch of quoted gas venture.
  • Frontline takes the escalator
    Shares soar to new record.
  • Earnings slide at Bintulu Port Holdings
    Income shrank in 2000 for the operator of Malaysia's second biggest port.
  • Korea considers shipping shake-up
    South Korea could stir more controversy with a new shipping fund designed to support shipbuilders and owners.
  • Ukrferry planning newbuilding
    The Ukrainian ferry company is in talks with foreign investors to expand its fleet.
  • P&O hit by rising fuel prices
    Sterling warns that costly bunkers and foot and mouth disease is hurting ferries.
  • KPM earnings dwindle
    Keppel Philippines Marine shipyard watched its profits halve in the first quarter.
  • Net profits up 30% at MOL
    Marked improvement in profits at Japan's largest shipowner despite threat of rising yen and higher bunker costs.
  • Smaller Japanese tanker owners turn in profit
    Companies like Iino Kaiun and Taiheyo Kaiun were on target with earnings last year.
  • Mitsubishi Heavy Industries stems losses
    Japan's largest shipbuilder has seen a seven fold reduction in losses from twelve months ago.
  • Gotland sails ahead
    Swedish owner reports big improvement in financial performance.
  • Mitsui yard breaks loss cycle
    Japan's Mitsui Engineering & Shipbuilding has made an annual profit after four years in the red.
  • K Line dips below forecast
    The Japanese shipping giant failed to live up to its own profit forecast in 2000.
  • Stellar year for NYK
    Japan's second largest shipping company saw net profits more than double in the last financial year.
  • Russians drop Smit from Kursk salvage
    Contract awarded to "another party" after dispute over salvage schedule.
  • San Diego reefer terminal for Dole
    Dole agrees 20-year lease with US west coast port.
  • Costa commits ship to German market
    Carnival subsidiary to launch cruise product aimed exclusively at the German market.

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