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20 October 2018 The on-line newspaper devoted to the world of transports 05:51 GMT+2



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Shipping Timesweb site
NOVEMBER 21, 2001
Shipping News
  • Blast on board bulker off Aussie coast leaves 4 dead
    A mystery explosion aboard a bulk carrier anchored 30 km off Port Dampier in north-western Australia has left four crewmen dead, one in critical condition and three others missing.
  • Royal Caribbean, P&O Princess to merge
  • Contship expands Europe- Asia trade
  • Two victims of Bangkok port's chemical blaze awarded US$80,000
Air and Land Transport
  • American Air A300 jets pass safety checks
    AMERICAN Airlines said it had detected no problems in an inspection of the tail sections of its fleet of 34 Airbus A300 planes following a crash in New York.
  • US must make new airport safety programme take off soon
  • Emirates to launch five new non-stop flights
  • MAS defers delivery of 8 Boeing planes
  • ANA expected to slash full-year profit forecasts

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Cargowebweb site
NOVEMBER 20, 2001
  • K'hne & Nagel Investor in Inttra
  • Delta partners Emery Expedite
  • Demand for hearing on BA/AMR deal
  • No increase in port dues Rotterdam
  • Davies Turner expansion in Latin America
  • New sales director Otal
  • Acquisition of Journal of Commerce completed

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Exim Indiaweb site
NOVEMBER 21, 2001
  • ASA consortium scoops SE Asia award in Australia for schedule reliability
  • CP Ships reaches agreement with Dannebrog to acquire Nordana Line
  • NYK names new cruise ship Crystal Serenity
  • ABS launches web-based Container Information System
  • 3 chemical tanker giants combine European fleet
  • Hanjin fortifies China services, skips Hong Kong for Chiwan Port
  • 15,000-TEU ships technically possible ...but cargo volumes must justify construction, conference told
  • PDZ Lines launches Myanmar feeder service
  • Sri Lankan cranes being upgraded
  • COSCO signs virtual agreement with PSA ...makes Singapore its regional hub
  • 3 new directors at UK Club
  • FEFC to hike freight rates
  • Canada Maritime expands Eastern European agency network
  • "K" Line boosts Singapore Aframax operations
  • Contship Containerlines now serves more markets in Far East
  • Contingency planning vital for supply-chain management - APL Logistics chief
  • Evergreen too plans to quit Singapore in favour of Malaysia's PTP
  • Maersk Sealand to enter car trade
  • OTAL helps combat desertification
  • KSPL may sign deal with IOC
  • Rosemount Shipping wins quality award
  • TT Club extends cover

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Cargo Info Africa - Freight & Trading Weeklyweb site
NOVEMBER 21, 2001
  • WAR RISK SURCHARGES - A FORCE MAJEURE COST OR A CON?
  • CUSTOMS ACTS ON JIA DELAYS
  • FORWARDER FORECASTS PROFITS DESPITE ECONOMIC GLOOM
  • EXPORTER PREDICTS GROWTH IN US MARKET
  • WHARF RAT ON WOMEN...
  • NEW TREATY TO CUT AIRCRAFT BORROWING COSTS
  • PORTNET RESTRUCTURING DELAYS R100-M INVESTMENT
  • FRUIT OPERATION MAKING GOOD BREAD
  • 'PORTS WHITE PAPER PROMOTES MONOPOLY'

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Traffic Worldweb site
NOVEMBER 21, 2001
  • Danzas Buys Austrian Forwarder
  • Rates Absolutely, Positively Going Up
  • Traffic World's Don Byrne Dies
  • Hoffa wins IBT election
  • Exel Teams With G-Log
  • Schenker Signs Polycom

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Lloyd's Listweb site
NOVEMBER 21, 2001
  • Princess takes throne with Caribbean consort
    A $6bn merger of P&O Princess and Royal Caribbean Cruises turned the cruise sector on its head yesterday, threatening to overthrow rival Carnival from its long-held position as market leader.
  • Euro-carnival to end for Costa
    P&O P rincess and Royal Caribbean are launching a $2bn joint venture which will compete head-to-head with Carnival for customers in southern Europe, writes Tony Gray.
  • Troubled Alstom welcomes cruiseship delivery delays
    TOP cruiseship builder Alstom Marine has indicated that it is interested in postponing delivery of cruiseships currently on order to help it deal with an expected shortfall in activity in 2004 and ...

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Fairplayweb site
NOVEMBER 20-21, 2001
  • Shares surge for RCL and P&O
    STOCK exchanges in London, New York and Oslo have reacted favourably to news of the P&O Princess and Royal Caribbean consolidation, announced today. Shares in Royal Caribbean rose by 22 per cent in Oslo and by around 15 per cent to $17.60, after opening at $15.00 on the NYSE, its main listing. Yesterday the shares rose by 21 cents. On the FTSE, shares in P&O Princess rose by 14.2 per cent to 363p after an initial rise of 20 per cent. Late afternoon they settled into a 360 ' 370 pence trading range. London-based New Star Asset Management's Mark Beale, who helps to oversee about $150M in US shares, told Bloomberg: 'It's a smart move...Together they can probably do more for their customers and shareholders than they could do alone.' However he also speculated that Carnival Corporation, the world's largest cruise operator until today's merger, could come in with a counter offer. P&O Princess' merger with highly leveraged Royal Caribbean may also mean P&O Princess's existing bond ratings may be dropped to junk status, after Standard & Poor's said it may cut the company's BBB rating by two notches. Royal Caribbean became the first shipping company whose bonds have traded from investment grade to junk status. P&O Princess has '537M ($762M) of bonds outstanding, while Royal Caribbean, rated Ba2 by Moody's, has about $4.3Bn of bonds outstanding, according to news reports.
  • Indian ports for grey ship R&R
  • Four jailed over Dashun tragedy
  • Aker strengthens Kv'rner position
  • Shares surge for RCL and P&O
  • Chennai congestion surcharge raised
  • Violent workers hold Durban hostage

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Antwerpse Lloyd n.v.web site
NOVEMBER 21, 2001
  • Le transfert des slots de Sabena à dat+ est parfaitement légal
    La faillite de la Sabena au début du mois et le redémarrage de la compagnie via dat+ ont fait l'objet de pas mal de polémiques à l'aéroport de Zaventem. Un des points les plus sensibles a été le transfert des slots de la Sabena à dat+. L'asbl Brussels Slot Coordination, créée fin octobre et qui règle l'attribution des slots à Zaventem, a assuré entre-temps que toute cette opération avait eu lieu dans les règles de l'art.
  • Unilog doit réduire de moitié son offre ferroviaire transmanche
    L'opérateur transmanche Unilog a obtenu le feu vert pour la reprise de son service sur le Royaume-Uni hier. Cette autorisation est toutefois liée à des restrictions sévères: trois trains par semaine dans les deux sens (ce qui revient à une réduction de moitié du service actuel) et une escorte de la police ferroviaire française pour les trains en direction du Royaume-Uni. Unilog doit en outre obtenir une autorisation quotidienne avant le départ de chaque train.
  • La simplification des procédures administratives va encore rendre le short sea shipping plus populaire
    "Le short sea shipping se porte bien, mais peut encore faire mieux. La Commission européenne va prendre à coeur sa tâche dans ce processus", a déclaré Wolfgang Elsner, responsable de la division SSS et politique portuaire au directorat-général Energie et Transport de la Commission européenne, lors de la séance d'ouverture de la réunion de travail sur le flux des documents et les procédures administratives dans le transport short sea en Europe.
  • Wallenius Wilhelmsen Lines Europe organise son QG européen à Anvers
    D'importants changements viennent d'intervenir au niveau de la direction de l'armement Wallenius Wilhelmsen Lines en Europe. En effet, Eric Maurissen qui était jusqu'ici managing director de Wallenius Wilhelmsen Lines Belgium a été promu vice-président Logistic Services Europe. Il se partagera notamment entre son bureau de Zeebrugge et le QG européen que l'armement installe à Anvers (1).

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Marine Linkweb site
NOVEMBER 20, 2001
Top Stories
  • $6 Billion Cruise Deal
    P&O Princess Cruises plc and Royal Caribbean Cruises Ltd. have agreed to merge their companies in a deal approaching $6 billion, a move that will effectively create the world's largest cruise vacation group. The merger, spurred by an already softening economy and the September 11 terrorist attacks that have left cruise companies, among other transportation operators, grappling to fill ships, involves two companies with an aggregate revenue of more than $5 billion in the 12 months preceding September 30, 2001.
Breaking News
  • Hornbeck-Leevac Delivers BJ Blue Ray, Acquires Tank Barge
  • Diselenginetrader.com Connects Buyers and Sellers
  • Houghton Offshore Helps Set Another Record
  • Global Marine and Santa Fe International Corporation Complete Merger Of Equals
  • Foss Crews Help Extinguish Blaze
  • Silversea Appoints VP Corporate Communications
  • House-Senate Conference Agrees on $33 Million For Title XI Loan Guarantees
  • Solution For Two-Stroke Engine Lubrication
  • Buying More Shares in Kv'rner
  • Hinckley Appoint Frank and Bernard in Electronics Department

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TradeWindsweb site
NOVEMBER 20-21, 2001
  • NKK slides into the red
    Interim results for the Japanese shipbuilder and steel maker have gone from black to red.
  • NYK VLCC likely to set new benchmark
  • Carnival may bid for P&O Princess
  • Twenty-three tankers stuck at Marseille port
  • Bosses form mutual appreciation society
  • P&O Princess ratings on negative watch
  • RCCL shares up by 15%
  • P&O Princess bonds may drop to junk
  • TEN down on interest rate swaps
  • Silversea allows flexible travel plans
  • Gorthon sharpens axe
  • Losses continue at Nomadic
  • CP Ships shares continue heading north

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