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| NOVEMBER 23, 2001 |
Shipping News
- Cosco S'pore forecasts steady profit for full year
SINGAPORE-listed Cosco Investments anticipates better full-year gains despite the current global economic doom and gloom.
- Device to detect small oil leaks too costly
- Six shipping companies form capesize bulker pool
- SembCorp completes FPSO job
Air and Land Transport
- Aussie watchdog looking into domestic air pricing
THE Australian Competition and Consumer Commission said yesterday it was examining allegations of anti-competitive behaviour in the domestic airline industry.
- Qantas offers to resume talks with unions
- Boeing plans stronger cockpit doors by year-end
- Bush ready to stop United mechanics from striking
- Swiss airlines reject fare dumping charges
- Log Book
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| NOVEMBER 22, 2001 |
- FedEx to increase rates
- Knife in South African Airways
- TNT acquires Turkish logistics company
- Deutsche Post: more e-logistics
- TPG launches 1 billion euro bond
- German base Ryan Air
- Lykes Lines extends on-?line Bill of Lading
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| NOVEMBER 23, 2001 |
- Gati to buy another vessel for coastal operations
- MoF working out tax sops to attract global investors
- Car exports spurt in October
- China buys 30 pc more from India
- Software exports to S. Korea may surge: ESC report
- Russia for stronger trade ties with India
- Garments FCFs quota: Cut-off prices spurt
- Ministry reworking schedule for tax sops withdrawal - Exporters may get a breather
- ... seeking exporters’ views on Policy changes
- KCCI seeks early completion of rly line to NM Port
- CWC for joint ventures with reputed firms - VPT Chairman inaugurates Vizag CFS
- CII urges Shipping Secy to resolve ChPT crisis
- ... may enter into fund pact with LIC
- Shipping Ministry trying to rope in more bidders for Vallarpadam project
- SAIL may utilise port facilities at Vizag, Paradip
- NHAI may come out with more sops for private road operators
- ATMAC ties up $ 140 m finance for Tamil Nadu special economic zone
- ECGC’s specific shipment policy proves popular
- India asked to prune liquor import duty
- Fashion jewellery market twinkles
- World silk traders to meet in Bangalore from December 3 to 6
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| NOVEMBER 22, 2001 |
- Demand picks up in competitive Tallinn market, Great Belt sees good activity
- Genoa dry on fuel oil, one player out of IFO380 in Augusta
- ARA bunkers rise as crude surges, supply/demand in balance
- Gibraltar closed for bad weather, expected to reopen today
- Demand sluggish in Istanbul, bad weather
- Oil surges as Russia seen closer to cuts
- Singapore bunkers moderately up since yesterday, evening prices higher
- Piraeus market firming, IFO380 remains tight
- Korean bunker market firms with regional trend
- Rotterdam morning market report
- Steady pre-holiday market in Japan
- Crude surges as Norway offers production cut
- Hong Kong market steady, Taiwan fuel oil firmer
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| NOVEMBER 23, 2001 |
- New e-adresses for Danzas staff
- Björk.Eklund represents HUAL, Nissan Motor Car Carrier and Euro Marine Carrier
- New York can keep on dredging
- Stena wants to change direction
- Forwarders, airlines, warehouses... Who is to do what in Columbia?
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| NOVEMBER 23, 2001 |
- O’Neil wins two more years to fight terrorism
INTERNATIONAL Maritime Organisation secretary William O’Neil was elected by acclamation for two further years in office yesterday. The news coincided with a substantial boost for the r...
- Røkke ready to ditch Kvaerner rescue plan
KJELL Inge Røkke has all but confirmed his intention to torpedo Yukos Oil’s NKr3bn ($336m) rescue package for Kvaerner, raising concern that the ailing company might be forced into bankr...
- Bondholders turn court screw on Restis family over Enterprises row
THE pressure on Enterprises Shipholding, the Restis family company that defaulted on its junk bonds, has intensified following a New York court decision, which enables bondholders to undertake due ...
- ABP agrees to talks in pilots row
ASSOCIATED British Ports will meet Humber Pilots Ltd today in their first formal meeting since the dispute over pilotage on the Humber flared up earlier this year, writes Brian Reyes . The m...
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| NOVEMBER 22, 2001 |
- Israel Shipyards threatens closure
- Aker seeks control of Kværner
- NZ to settle Tampa boat people
- Four interested in Orkney hub bid
- Six held in Mumbai acid attack
- Kværner faces new cash crisis
- Japanese-US trade takes a hit
- Hanjin, K-Line to share slots
- Reefer sinks, crew rescued
- Seafarer's work petition rejected
- Singapore yard merger called off
- Rio Grande roars ahead
- Fatal bulker's fate undecided
- AP Møller freezes all wages
- CSCL cancels Indian service
- Oman takes stake in LNG venture
- Crews safe in Vietnam sinkings
- Mid East volumes unaffected by WRP
- ICONS' answer to ships of shame
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| NOVEMBER 22, 2001 |
- Korea ship exports boom
South Korean shipyards said exports of ships in the first nine months of the year jumped 30% over the year-ago period, earning $7.29 billion.
- KLM Cargo eliminates fuel surcharge
The airline's freight unit said it will eliminate its 10 cents per kilo fuel surcharge, effective Dec. 1.
- Lufthansa braces for layoffs after union talks break down
Europe's second largest airline will eliminate as many as 4,000 jobs ahead of an expected loss of $350 million for the year.
- Continental, United cut fuel charge
- Surprise choice for HK air express hub
- US Coalition protests steel curbs
- CF Air chief confident in security measures
- Lynden Air Freight names Houston manager
- Malaysia sets completion of Customs e-systems
- Sri Lankan shippers slam document fee
- Union Pacific unveils Olympic, flag trains
- US firms sign trade deals with Cuba
- Atlas opens new hub network
- Deutsche Post names Pordzik US chief
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| NOVEMBER 23, 2001 |
- ABX Logistics reprend le logisticien néerlandais Wegtransport
On savait depuis plusieurs semaines quABX Logistics préparait un coup aux Pays-Bas. Cest aujourdhui chose faite, avec lacquisition de la totalité des actions de lentreprise logistique néerlandaise Wegtransport. ABX Logistics dispose désormais dun parc de 290 camions avec leurs propres chauffeurs aux Pays-Bas. Le développement du réseau outre-Moerdijk doit permettre à la filiale logistique de la SNCB daméliorer ses résultats financiers.
- Scania veut revoir les masses et dimensions pour plus de sécurité routière
Leif Östling, le président de Scania, a déclaré à Bruxelles que si la réglementation européenne sur les masses et dimensions des véhicules industriels autorisait des exemptions pour dispositifs de sécurité, il serait possible de réduire de moitié le nombre de personnes tuées dans des accidents avec des camions. En effet, il serait alors possible de construire sur la face avant des véhicules une zone dabsorption des chocs et un meilleur dispositif anti-encastrement. Toutefois, cela ajouterait 60 cm et 350 kg au véhicule. Le patron du constructeur suédois demande dès lors aux autorités européennes dautoriser ce dépassement des normes pour les véhicules dotés dun tel dispositif de sécurité.
- Lindustrie portuaire sinquiète de la compétitivité dAnvers
Lindustrie portuaire anversoise appréhende lavenir. Pas lavenir immédiat, mais lavenir à moyen terme. Cette inquiétude est inspirée par le fait que les atouts sur lesquels Anvers a toujours compté pour assurer son expansion, sépuisent petit à petit. Karel Hermans, le président de la VIBNA - lassociation des entreprises industrielles du nord dAnvers, qui organisait son assemblée annuelle hier - a énuméré les principales sources de préoccupation de son organisation: disponibilité de terrains industriels, problème de mobilité, manque de personnel qualifié et coût salarial élevé.
- Comment transférer davantage de trafic de la route vers le rail?
Le transfert du fret de la route vers le rail: tel a été le thème de la deuxième convention européenne sur le fret ferroviaire qui sest tenue mercredi et jeudi à Bruxelles. Loccasion de dresser un tableau des espoirs, mais aussi et surtout des moyens pour faire en sorte que le rail joue un plus grand rôle, afin de réduire la pression du transport routier. La première journée a notamment permis détudier lexemple de la Suisse en matière de transfert de la route vers le rail, de voir la situation du rail en Europe centrale et orientale, et dentendre des responsables ferroviaires et des utilisateurs, plus ou moins heureux. En conclusion de la première journée, la Commissaire européenne aux Transports Loyola de Palacio a rappelé les objectifs de la Commission, résumés
dans le Livre Blanc, et a annoncé des mesures prochaines concernant linteropérabilité, la sécurité et même la tarification.
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| NOVEMBER 23, 2001 |
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Maritime Contract News
Breaking News
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| NOVEMBER 22, 2001 |
- Reinsurance costs hit Shipowners' Club
Small but financially strong P&I mutual forced to hike rates by 20%.
- Kvaerner blasts Aker
Chairman Harald Arnkvaern says Aker Maritime's merger talk is jeopardising rescue plan.
- Japanese owners celebrate soaring profits
Two tanker owners and a reefer line saw earnings rocket in the first six months.
- Gorthon sells ro-ro
The Swedish owner's fleet has been trimmed to 14 with sale of Ivan Gorthon.
- ValuShip leases first ship
New Atlantic line launches next month with 16 year-old Brave Eagle.
- Canada pulls in repeat offender
A Greek bulker has spent at least 32 days detained by port state control on six different occasions.
- Sanoyas swings into the black
Medium-sized Japanese shipyard reverses its interim fortunes on similar revenue.
- Orskov inks Belgian anchor handler
Danish yard supplements orderbook with newbuilding deal from Unie van Redding-en Sleepdienst.
- Penta Ocean dredger collides with reefer
No fatalities as collision off southeast Malaysia sends elderly reefer to the bottom.
- US Navy may stop Arabian Sea ships
US forces fear Osama bin Laden may try to escape on vessels sailing from Iran or Pakistan
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