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29 September 2020 The on-line newspaper devoted to the world of transports 15:24 GMT+2

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Shipping Timesweb site
SEPTEMBER 26, 2001
Shipping News
  • Govts must uphold int'l shipping standards:ITF
    THERE will be no end to the serious problem of substandard shipping until governments assume their role as regulators and not as profit-oriented businesses, said the head of the five million strong International Transport Workers' Federation yesterday.
  • Samudera's gross profit down 34% in H1 2001
  • Firms aim to form world's 2nd-largest alliance
  • Asia ships stick to Mid East routes for now
Air and Land Transport
  • More Asian airlines seeking govt help to make up for shortfall
    MORE Asian governments have been called in to help rescue their airlines by providing additional war-risk insurance cover to offset coverage withdrawn by insurers worldwide yesterday.
  • MAS may raise fares, get govt aid to tide over aviation crisis
  • Philippines Airlines keeps flying without govt help
  • Airbus: No big layoffs despite airline woes
  • US Air to close discount carrier MetroJet

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Sched Netweb site
SEPTEMBER 26, 2001
  • Establishment of K Logistics
  • Reduced services for China's National Day
  • APL rated 72nd in InformationWeek's 500-list
  • Cathay beats insurance deadline
  • Airline industry continues battle
  • Transportation industry has a role to play

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Cargowebweb site
SEPTEMBER 25, 2001
  • Swissair to become low cost airline
  • American Airlines staff asked for pay cuts
  • No agreement between Qantas and Ansett about A320s
  • Grimaldi warns on insurance risk
  • 'Work stops in Europe's docks tomorrow'

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The Bunker Bulletinweb site
SEPTEMBER 25, 2001
  • Crude oil rises again, OPEC wants to keep basket at $25
  • Record day for IPE Brent Crude futures
  • Bunker prices for Russian ports
  • Steady prices in Montevideo/Alpha Zone
  • Crude oil opens higher after largest drop in a decade

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International Transport Journalweb site
SEPTEMBER 25, 2001
  • L 01 under the «E» sign
  • New ship for Turkish fleet
  • Metz Container Line changes schedule
  • Beirut's bumpy road to privatization
  • Portline expands fleet
  • LH, BA, KLM: thousands laid off
  • Perishables refresh Zurich
  • Emirates scraps Dubai-Colombo
  • Traxon: Cargomanagement

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Marine Logweb site
SEPTEMBER 25, 2001
  • Tidewater plans $100 million boost for crew boat operations
    Offshore services giant Tidewater says it has committed up to $100 million to a program that will bring 21 crew and fast crew/supply vessels into its fleet by 2003.
  • Kvaerner headaches continue
    Trading in shares of Kvaerner remained suspended as the group announced today that it "now has a financial solution in sight ..."
  • USCG clarifies security measures
    The U.S. Coast Guard said yesterday that "many rumors and false reports concerning the U. S. Coast Guard's security measures relating to vessels, crews, and passengers arriving in U. S. ports have circulated ..."

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Lloyd's Listweb site
SEPTEMBER 26, 2001
  • Asian carriers plan liner behemoth
    A POWERFUL new container shipping alliance being formed by four Asian carriers is set to challenge the position of global leader Maersk Sealand. Hanjin Shipping and its Senator Lines subsidi...
  • Vintage year for operators
    Even a cursory glance at the year-on-year growth rates between 1999 and 2000 for Europe's Top 10 ports shows that it was a good year. Certainly, there are few expectations that this year will...
  • War surcharge blow for eastern Mediterranean
    WAR risk insurance surcharges of $250 per 20 ft container will be imposed on all shipments to and from Lebanon, Egypt and Syria from tomorrow, writes Janet Porter . A levy of $150 per teu wi...
  • Oil price plunge plays havoc with rates
    SHIPPING markets were left in chaos yesterday as crude oil prices started to edge away from seventeen month lows, following the biggest one-day drop since the Gulf War. Very large crude carr...
  • Renaissancein balance after attacks
    THE September 11 attacks on the US appesar to have put Renassiance Cruises under severe pressure, writes Giovanni Paci . Insiders suggest that Renaissance's future could be in the bala...

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Fairplayweb site
SEPTEMBER 25, 2001
  • Maersk moves into Pipavav
  • USCG probes causeway casualty
  • Inmarsat mothballs Setfair
  • Iran, Pakistan embroiled in dispute
  • EU dockers stage protest strike
  • Kværner cuts $58M off rights issue
  • Novamar seals deal with Iran
  • Asian lines to forge alliance
  • Greek reefer grounds in Yemen
  • ENZA wins bank backing
  • Greek cruise lines in crisis talks
  • Sensitivity rises on US I/D checks
  • Insurance 'takes its greatest hit'
  • All safe from Delta 62 sinking
  • Clubs mull war risk amendments
  • Sink FOCs, says Cockroft
  • Kværner shares remain suspended
  • Antwerp work set to restart

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The Journal of Commerceweb site
SEPTEMBER 25, 2001
  • Insurance, weak markets threaten carriers
    Shipowners and industry analysts are warning that higher insurance premiums could bankrupt carriers already reeling from sliding freight rates.
  • Tanjung Pelepas sets rail expansion
    The fast-growing port plans to extend a rail link to speed deliveries into Malaysia's industrial heartland.
  • Job cuts, restructuring for Alitalia
    The carrier will eliminate 12% of its workforce and ground planes as part of a wider restructuring aimed at capping losses following the terrorist attacks in the U.S.
  • Asian ocean carriers to cooperate?
    Yang Ming, Cosco, "K" Line, Hanjin Shipping Co. and its Senator Lines subsidiary are exploring closer cooperation in worldwide services. One reason: Overcapacity that has sapped rates.
  • NTE enhances exchange service
  • USFreightways sets up relief campaign
  • MTMC's Texas terminal reflagged
  • FedEx gets Nissan package contract
  • PMA sets diesel emissions meeting
  • Railroads offer U.S.-Canada intermodal
  • FedEx will buy back stock
  • Airline bailout includes insurance
  • EU averts air insurance crisis
  • Shipowners, insurers confer as premiums soar

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TradeWindsweb site
SEPTEMBER 25, 2001
  • Novamar in Iran joint venture
    Italian pool to play major role in 15-fold increase in petrochemical exports.
  • Bush to nominate new MARAD administrator
    William Schubert is now the president of International Trade and Transportation.
  • Setfair hits troubled water
    Inmarsat refuses high spending further funding.
  • Princess Cruises sails from Med
    Vessels redeployed to minimise cancellation losses.
  • Tidewater to add 21 vessels to fleet
    The up-to-$100m expansion programme will include acquiring 12 existing vessels and building nine new ones.
  • CMA raising funds for NY disaster victims
    Connecticut Maritime Association will be collecting donations at its luncheon Thursday.
  • Tufton targets Greek and Cypriot shipping investors
    Tufton Oceanic managers team up with ship manager Interorient to launch new investment service.
  • P&I chief predicts sharp rate rise
    Herry Lawford warns shipowners are facing up to 30% hike in club premiums.
  • Stolt Offshore moves into profit
    The Nasdaq-listed owner made money in the third quarter but is still down for the year so far.
  • Kvaerner details its debts
    The crisis-hit Anglo-Norwegian giant reveals borrowings as talks with banks continue.
  • Hanjin looks to join Sino-Japanese Alliance
    A new Asian alliance could be created after Hanjin agreed to increase ties with Cosco, K-Line and Yang Ming.
  • Royal Olympic losses double
    Greek cruise line faces troubled outlook as terrorism fears lead to cancellations.
  • Sakhalin Shipping dips into the red
    Russian owner finally reveals first quarter loss, despite revenue rise.
  • Crew abandon grounded reefer
    A Cypriot-flagged vessel has run aground on an islet in the Red Sea.
  • Oil price sees largest fall since Gulf War
    Concerns over the fuel demand prospects if the world economy slides into a recession hit global oil price.
  • Labroy bulker sinks off Taiwan
    Taiwan typhoon sinks the Delta 62, but all of its crew are safe.
  • Korea may aid shipping industry
    Assistance to be made available to help shipping companies suffering in wake of US terrorist atrocities.

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