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| SEPTEMBER 24, 2001 |
Shipping News
- Darwin set to be gateway to Asian trade with new rail link
AUSTRALIA's northernmost city Darwin will become the gateway to Asian trade with Australasia when a new railway link expected to save shippers about a week at sea is opened in 2004.
- ITF starts major drive in Europe
- SMOU to raise profile in training of seafaring officers
- Korea, EU reach informal pact on newbuilding prices
Air and Land Transport
- Many airline pilots will be traumatised by attacks on US
THE stress of watching hijacked commercial jets slam into the World Trade Center and Pentagon, possibly killing more than 6,500 people, during last week's attacks will leave many airline pilots and flight crews traumatised, experts said.
- FedEx profit down 27% as express shipments slump
- The corporate jet: an executive perk or a necessity?
- Log Book
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| SEPTEMBER 24, 2001 |
- FEFC warns of shrinking capacity, higher rates
- EU and US hold anti-trust policy meeting
- Southwestern railway line completed
- Insurance measures may ground airlines
- Congress votes $15b aid package
- Hactl reports further drops in Q2
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| SEPTEMBER 21, 2001 |
- USD 15 billion for US airlines
- EU arguing about amount of airline aid
- FedEx net income down 36 per cent
- Senator Lines exits FEFC
- Dutch managing director for Penske Logistics
- Dragonair's first own freighter operational
- Schenker center in Warsaw
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| SEPTEMBER 24, 2001 |
- E.C.S. Shipping & Transport extends service to Gujarat and Udaipur - Alliance formed with Ace Logistics
- Jordan holds out vast scope for investors
- Hamriyah Free Zone holds out attractive business options for Indian investors
- Singapore PM to discuss free trade areas with Vajpayee in Oct.
- European Court rules against CVD on steel bright bars
- Malaysia places order for 1 lakh t. wheat with India
- Full house at Vizag Port!
- Kandla Port Trust swings into action to speed up rice, wheat exports
- ‘We have to get after business for ports’ - Vedprakash Goyal
- 3,000 suppliers may feel impact of Boeing clipping its wings
- China still hopes to buy 30 Boeings
- Lufthansa to order 15 Airbus A380 super jumbos
- China to develop plane to fly 5 times the speed of sound
- DHL appoints senior VP of customer relations
- Wilson Logistics Group enters perishables business
- Concorde Flies With Passengers On Board
- Northwest Airlines names Robert Isom VP
- Emirates to fly to Perth
- 20 pc profit gain for Aeroflot
- Leading steel industries present Ministry with alternative to duty-free imports
- Maran presents Sinha the essentials for export push
- IWAI (A) Bill gets President’s assent
- RBI hikes investment ceiling for FIIs in companies
- Global Trade Finance to offer factoring, forfaiting services
- Karnataka govt clears 8 investment projects
- WTC movement will not collapse
- Things will get better in US, feels Woolmark chief
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| SEPTEMBER 21, 2001 |
- Bunker prices for Brazilian ports
- New barge for Petrobras in Rio Grande
- Airlines warn planes could be grounded from next week
- Crude oil on the rise as US prepares for military action
- Strong demand on US/Canada West Coast
- Active markets in Los Angeles and San Francisco
- OceanConnect and Bunkerworld exchange bunker market information
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| SEPTEMBER 24, 2001 |
- TPG and Styria Medien
- Röhlig for Volkswagen
- UPS Logistics for Samsung
- Management for bits and bytes
- Pacer International
- TWA
- Port of Oakland
- Hyunday Merchant Marine
- European Intermodal Association (EIA)
- BAX Global Europe
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| SEPTEMBER 21, 2001 |
- GAO denies protest of FGH order
Friede Goldman Halter, Inc., says that its Halter Marine, Inc., has been informed by the Government Accounting Office (GAO) that a protest made by a competing shipbuilder was denied. The award of a contract for three Logistic Support Vessels (LSV's) to Halter Marine has been affirmed.
- Project America sails ahead
Northrop Grumman Corporation and American Classic Voyages Co. today announced they have reached an agreement,that enables the continued and uninterrupted construction of two 1,900-passenger cruise ships.
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| SEPTEMBER 21, 2001 |
- Washington state politicians ask President to assist Boeing
- Vancouver Port Authority has special proceedures for cruisers
- Appeals court gives UPS setback in petition by Internal Revenue Service
- Alaskan ports and shipping facing tighter security measures
- Nation's railroads continue to deliver sluggish traffic counts
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| SEPTEMBER 24, 2001 |
- South Africa's Coega a Threat to EA Ports
- Numast Calls for Armed Squads Aboard Ships
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| SEPTEMBER 24, 2001 |
- US Coast Guard denies ban on vessels from 24 countries
US Coast Guard officials have strongly denied reports of a blanket ban on the vessels of 24 largely Muslim or former communist countries entering US ports. Speculation and confusion around...
- Shipowners seek summit on premiums for war risk
SHIPOWNERS are set to meet underwriters and insurance brokers in the next few days in an effort to stop hull war risk premiums getting out of hand. Experts at a leading rating agency have m...
- Port authority set to rethink $9.5bn investment plan
THE Port Authority of New York and New Jersey is to undertake a sweeping reassessment of its $9.5bn capital investment plan for the next five years following the terrorist attacks that levelled the...
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| SEPTEMBER 21, 2001 |
- Naval vessels given protection zone
- France warned over maritime safety
- Blasco heads for bankruptcy
- Tide blamed in grounding report
- Docenave: bulk shipping doesn’t pay
- WEC mounts East African feeder
- Panama rejects maritime judge case
- Lanka considers LNG power plant
- ACL conquest costs Grimaldi dear
- New take-over plan for SIREN
- Korea, China to launch ferry services
- Vietnam agrees to impose THC
- China Merchants to shuffle port assets
- Greeks fear massive war risk hike
- Anders Wilhelmsen has faith in RCCL
- Australian clarification sought
- CentrePort wins port services case
- Japanese seek end to subsidies
- Pirates shift to hostage taking
- Cochin plans bunkering future
- Survivors reach Cape today
- Lines frustrated by Durban delays
- Brazilians angry with Docenave
- FEFC announces emergency measures
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| SEPTEMBER 21, 2001 |
- Schubert next Marad chief
Texan William G. Schubert, a former Marad staffer and graduate of the U.S. Merchant Marine Academy, has been selected as the nation's next maritime administrator.
- Continental: 12,000 jobs to go
The carrier will reduce its workforce by 20% and its flight schedule by 18%, amid the drastic decline in passenger traffic.
- Insurance crisis could ground Euro airlines
Carriers may halt services next week after insurers drastically reduced third party liability coverage following the terrorist attacks in the U.S.
- WTC relief a moving effort
A New Jersey trucking firm is transporting supplies to recovery operations at the World Trade Center.
- Mega-boxport proposed for Scotland
- Deringer opens Miami facility
- Industri-Matematik names two VPs
- Port of Portland names Bill Wyatt executive director
- Oil shipping costs soar
- Typhoon delays Taiwan customs clearance
- Bailout for airfreight carriers
- EU considers aid for airlines
- FedEx earnings down sharply
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| SEPTEMBER 22, 2001 |
- David Green (IRU) dénonce l’irréalisme du Livre Blanc
“Le Livre Blanc sur la politique commune des transports n’est pas un cadre réaliste pour l’avenir. En effet, si l’analyse de base est la bonne, on peut s’interroger sur les remèdes qui sont proposés, car on ne retrouve pas les trois conditions indispensables à la réalisation du développement durable (innovation, incitants et infrastructure). Au contraire, on mise sur un transfert massif vers le rail, alors que, même dans l’hypothèse - irréaliste - d’un doublement du volume de fret ferroviaire d’ici à 2010... le transport routier de marchandises augmentera de 33% au lieu de 38%”. C’est ce qu’a déclaré à Bruxelles le président de l’IRU, David Green. La Commissaire européenne aux Transports, Loyola de Palacio, lui a répondu que le Livre
Blanc doit être considéré comme l’ébauche d’un paquet de mesures qui doivent encore être prises. Elle a également averti que le risque existe que si la congestion routière ne diminue pas sensiblement d’ici 2010, certains voudront qu’on prenne des mesures dirigistes”.
- Iscont Lines va s’équiper de nouveaux containers reefer“
La concurrence, animée par les grands mega-carriers, est très forte sur la route que nous fréquentons, mais jusqu’ici, nous sommes toujours parvenus à nous adapter aux circonstances et nous avons malgré tout l’avantage d’assurer des escales directes et une bonne qualité de services.” Jacob N. Allalouf, un des deux actionnaires de l’armement Iscont Lines, qui assure un service régulier containérisé entre l’Europe du Nord, Israël et Chypre, fait résolument preuve d’optimisme, malgré les difficultés du moment. D’ici 2002, Israël devrait sortir de sa récession et les conflits avec les Palestiniens finiront par trouver solution, estime-t-il. “Je m’attends à une nouvelle période de prospérité”, nous a-t-il dit lors de la
manifestation organisée avec le nouvel agent de l’armement en Belgique, la firme Iscont Lines Agency(1), une filiale à 100% d’Eimskip Rotterdam.
- La réforme de la SNCB passe à la Chambre
Le conseil des ministres a approuvé jeudi dernier en deuxième lecture le projet de loi d’Isabelle Durant concernant la réforme des structures de la SNCB. Il va partir à la Chambre où le projet sera discuté à partir du début du mois d’octobre. La concrétisation de la réforme est attendue pour la fin de l’année.
- De Palacio ne veut pas forcer les armateurs à augmenter
leurs équipagesLa commissaire européenne Loyola de Palacio n’est pas favorable à un projet visant à obliger les armateurs à engager du personnel supplémentaire pour accroître la sécurité à bord des vraquiers. Elle estime que la situation diffère trop de navire à navire. Telle est la réponse de de Palacio à un courrier du parlementaire européen néerlandais Erik Meijer.
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| SEPTEMBER 21, 2001 |
- ITF launches European week of action
Substandard ships come under scrutiny in Europe over the next five days.
- Carnival to sail through rough waters
Carnival shares have plunged by about 40% since the terrorist attacks in New York.
- CP Ships obtains financial backing
The soon-to-be spin-off has secured a $255m private placement to finance new containerships.
- ChevronTexaco set for bigger share of spot chartering
Chevron Shipping and Texaco International Marine are expected to merge officially in early October.
- Stelmar confirms third quarter earning projections
The company's long term contracts help prop up the third quarter earning projections.
- Northrop and AMCV strike newbuilding deal
The US shipbuilder agrees new delivery dates and price for two cruiseships ordered by American Classic Voyages.
- Troim linked to top job at Kvaerner
Speculation naming John Fredriksen's lieutenant Tor Olav Troim (right) as a candidate looks wide of the mark.
- China tightens up on ferry safety
Authorities are moving to put passengership safety in the hands of bigger players.
- Grocer foils Fredriksen
Food retailer Stein Erik Hagen (left) is Norway's richest man, keeping Big John in second place.
- Samudera reviews prospects
Singapore-listed Indonesian owner is a expecting a slight improvement in returns despite slowdown.
- Lawyers chase Russian owner for Nakhodka damages
Prisco Traffic goes to court to fight blame for oil spill off Japan in 1997.
- Dramatic fall in Japanese yard newbuildings
Export orders at Japanese yards have fallen by nearly 50% from a year ago according to the JSEA.
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