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01 October 2020 The on-line newspaper devoted to the world of transports 22:15 GMT+2

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Shipping Timesweb site
SEPTEMBER 27, 2001
Shipping News
  • Antwerp port may regulate rates when PSA takes major control
    BELGIUM's busiest port may introduce handling rate regulations when PSA Corporation takes over its key container and other cargo operations, officials have warned.
  • Hinterland one of Europe's most industrialised regions
  • Groupings start to impose war-risk surcharges
  • Cruise lines pulling ships from Europe to N American market
  • Chu Kong Shipping to buy five box terminals from parent
Air and Land Transport
  • World air traffic may plunge 16% in second half
    THE total number of passengers making international flights over the second half of 2001 could fall by up to 16 per cent in the wake of the attacks on the United States, but the trend remained totally uncertain, a top industry body said.
  • Review finds airline security loopholes
  • European airlines act to step up security
  • Sri Lankan Airlines resumes flights
  • Yang Ming logistics unit gears up for major expansion
    YANG Ming's fledgling logistics operation has received a fillip from increasing customs and trade liberalisation in Taiwan.
  • K Line sets up logistics firm
  • FedEx expands US home delivery service
  • Determined few remain frequent fliers
    MANY Americans may be putting off plans to fly, but a hard core of determined business travellers is refusing to desert the skies.

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Sched Netweb site
SEPTEMBER 27, 2001
  • Shipowners cry foul
  • Powerful new shipping alliance in the offing
  • OceanConnect signs Bunkerworld
  • FAA opens up US airspace
  • Report on new Mumbai airport delivered
  • ICAO backs calls for greater aviation security

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Cargowebweb site
SEPTEMBER 26, 2001
  • Asian carriers alliance
  • Alitalia and Sabena measures
  • Blair help voor UK airlines
  • Deutsche Post confirms forecast
  • US/Canadian intermodal service

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Exim Indiaweb site
SEPTEMBER 27, 2001
  • E.C.S. Shipping & Transport extends service to Gujarat
  • Dumping duty on Nepalese acrylic yarn mooted
  • Large orders for Indian soyameal from South-East Asia on cards
  • Garments exporters get more time to use FCFS quota
  • IT exporters spot EU as promising market
  • Concor to start weekly train service from ICD-TKD to Haldia Port from Oct. 1
  • Balmer Lawrie's CFS achieves positive growth
  • Emirates prunes flights to Hyderabad
  • European airlines hike rates of cargo from India
  • Agriculture export policy taking shape
  • Orders first, then cheaper export credit, point out bankers
  • Govt liberalises rules for valuation of perks
  • Petronet invites bids for gas grid
  • Maran favours waiving DEPB value caps, restoring June 1 DBK rates
  • Assocham puts loss due to US crisis at Rs 7,500 cr.
  • IIJS 2001 opens tomorrow
  • US still keen on Indian hi-tech expertise

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The Bunker Bulletinweb site
SEPTEMBER 26, 2001
  • Oil prices fall as API shows gain in gasoline stocks, OPEC unlikely to change production quotas
  • OK avails in weaker South African markets
  • Suez avails OK, market weaker
  • Fujairah market falls in line with crude, AG Platt's
  • New posted prices down by $13-30 in Saudi Arabia
  • Saudi Oil Minister: OPEC sets the direction, markets set the price
  • Saudi Arabia: OPEC willing to bring oil price to $25

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International Transport Journalweb site
SEPTEMBER 27, 2001
  • Alitalia and Varig
  • Contship sets up in Leghorn
  • A renaissance for Italy's ports
  • Germanischer LLoyd ups turnover
  • OOCL and MISC inaugurate new container feeder service
  • Ethiopian Shipping Lines to acquire two 2000-TEU containerships
  • Cho Yang officially declared bankrupt
  • Heung-A Shipping and Pan Ocean Shipping exchange slots
  • Evergreen sets its sights on the Benelux
  • New Rotterdam-Ireland NVO service

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Marine Logweb site
SEPTEMBER 26, 2001
  • Kvaerner reaches agreement with banks
    Trading in Kvaerner group shares on the Oslo stock exchange resumed today after the company reached agreement with its main banks on restructuring its short-term and long-term financing
  • Friede Goldman Halter plans to retain investment banking firm
    Subject to Bankruptcy Court approval, Friede Goldman Halter, Inc., plans to retain the services of an investment banker whose specialties include providing financial restructuring and mergers and acquisitions expertise to financially distressed companies.
  • Carnival reports 97.7% occupancy rate, Renaissance folds
    For departures between Wednesday, Sept. 19 and Sunday, Sept. 23, 2001, Carnival Corporation's six cruise brands operated at an occupancy level of 97.7 percent. But Renaissance Cruises, which once thought it could cut out the travel agent, has ceased cruising

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World Wide Shipperweb site
SEPTEMBER 26, 2001
  • Emergency teams respond to bomb threat at Port of Portland
  • Coast Guard moving equipment, personnel from Washington and Oregon locations
  • Port of Olympia working nights on Cascade Pole site remediation
  • Port of Vancouver, BC source of thousands of jobs
  • Decommissioning of cutter COWSLIP put on hold for at least one month

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Lloyd's Listweb site
SEPTEMBER 27, 2001
  • Renaissance moves into the dark ages
    FORT Lauderdale-based Renaissance Cruises has become the first cruise casualty of the terror attack on New York and Washington. The company and various of its affiliates filed a voluntary petition...
  • RCI and Celebrity also unveil itinerary changes
    ROYAL Caribbean International and Celebrity Cruises are the latest cruise companies to announce changes to vessel itineraries amid fears that US passengers will stay away from trips to the Middle E...
  • Companies bear brunt of Indian travel fears
    in Mumbai LEISURE travel in India has slumped heavily in the wake of the September 11 terrorist attacks on the US with the country's fledgling cruise industry taking the brunt of the d...
  • US attacks to cost Lloyd's at least $1.9bn
    LLOYD'S has admitted that its losses from the traumatic events in the US will total at least £1.3bn ($1.9bn), leading analysts to suggest that a further market shake-out is imminent. C...

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Fairplayweb site
SEPTEMBER 26, 2001
  • Panama calls bids for lock design
  • Cruise failure's silver lining
  • Renaissance first cruise casualty
  • Caspian pipe dreams become reality
  • Slowdown slashes HK exports
  • Med hit by swingeing surcharge
  • Palm oil shortage fears downplayed
  • Dubai offers to underwrite war risk
  • Thai exports 'set to slump'
  • German port rivalries re-emerge
  • Oz set for Coast Guard service
  • Pay strike looms at Izar
  • War risk talks inconclusive
  • Interorient joins finance venture
  • Crew slated in Samina report
  • ITF 'unfair on Cyprus'
  • WA hints at coastal shipping boost
  • Kværner thrown a lifebelt
  • Singapore to launch recovery plan
  • Hellas accused of dishonesty
  • Kvaerner figures - and talks
  • Princess redeployment to cost $5M
  • Estonia capsize 'may reveal clues'
  • Renaissance Cruises goes under

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The Journal of Commerceweb site
SEPTEMBER 26, 2001
  • OSRA is OK
    The Ocean Shipping Reform Act is functioning about the way Congress intended, a survey concludes.
  • Delta axes 13,000
    The nation's third-largest airline will also curtail its flight schedule by 15%
  • EU, HK allege insurance abuses
    Airlines, shipowners claim insurers colluded in shrinking coverage and hiking premiums following the terrorist attacks on the United States.
  • Airlines link express services
  • Shareholders OK CP split-up
  • UPS Logistics names Currence CIO
  • Clarksons to use online chartering service
  • Pakistan carrier expands freight capacity
  • FBI checking hazmat carriers
  • Insurance, weak markets threaten carriers
  • Tanjung Pelepas sets rail expansion
  • Job cuts, restructuring for Alitalia

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Antwerpse Lloyd n.v.web site
SEPTEMBER 27, 2001
  • Liner: vers la création d’une super-alliance Est-Ouest
    Une nouvelle alliance de mega-carriers, qui pourrait devenir la plus grande sur le marché du liner, va voir le jour dès que la FMC et l’UE auront donné leur feu vert. Elle regroupera Hanjin et sa filiale Senator Lines, Cosco, K Line et Yang Ming. Elle représentera une flotte de quelque 300 PC, dont la majeure partie répartie dans 27 services hebdomadaires Est-Ouest. Pour l’instant, cette alliance est connue sous la dénomination CKYH, ce qui est purement temporaire, les partenaires étant à la recherche d’un nom. Les négociations en ce sens ont démarré au début de l’année 2000, mais il est évident que les derniers événements du début septembre et leurs conséquences à terme ont pour effet d’accélérer ce processus de rationalisation, car c’est bien de cela qu’il s’agit. Lors de leur dernière réunion le 20 septembre à Shanghai, les intéressés ont décidé d’aller de l’avant. On serait tenté de dire qu’il s’agit d’une rationalisation entre alliances...
  • Accord à la Sabena
    Les syndicats et la direction de la Sabena sont parvenus à un accord sur les mesures sociales du business plan de l’administrateur délégué Christoph Müller. C’est ce qu’a annoncé la ministre de l’Emploi Laurette Onckelinx. Toutes les parties soutiennent en outre l’organisation d’un référendum chez le personnel de la compagnie.
  • Le groupe ADPO mise sur un doublement de ses volumes
    Le groupe ADPO table sur un doublement de ses volumes sur son site dans la zone portuaire de la rive gauche anversoise l’année prochaine. Un demi million de tonnes de produits chimiques liquides y sont actuellement traités sur base annuelle. Les 500.000 tonnes additionnelles sont orginaires de l’entreprise allemande Celanese Chemicals, qui a décidé d’implanter son centre de distribution européen pour les produits chimiques fabriqués outre-mer à Anvers. Ce flux transitait par Rotterdam par le passé.
  • Nouvelles limitations du tirant d’eau en vue sur le Ringvaart à Gand?
    Les travaux de dragage sur le canal maritime Gand-Terneuzen et sur la Lys seront arrêtés à partir de l’an prochain par manque de capacité des décharges pour les boues draguées, et ce pour une période d’au moins deux ans. Il y a de grandes chances qu’un jugement supprime la capacité de décharge prévue pour l’Escaut supérieur et le Ringvaart. La navigation sur le canal maritime et la Lys ne souffrira pas immédiatement de ce report. Mais on risque par contre de devoir introduire de nouvelles limitations du tirant d’eau sur le Ringvaart durant l’hiver. On attend une solution structurelle au problème.

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TradeWindsweb site
SEPTEMBER 26, 2001
  • Insurers exposed to Renaissance's demise
    Travel underwriters face payout over cancellation of collapsed line's cruises.
  • Georgian LNG terminal reopening on tracks
    The first LNG shipment from Trinidad is to arrive at Elba Island terminal in the first week of October.
  • World-Wide inks in VLCC newbuildings
    Asian tanker owner finally confirms long running rumours of more large tankers from its favourite yard.
  • Friede Goldman to retain investment bank
    Houlihan Lokey Howard & Zukin is assisting the shipbuilder in its financial restructuring process.
  • Harris returns as Cobb steps down
    Former P&O golden boy Tim Harris (left) is back, replacing James Fisher chairman David Cobb.
  • Clarksons finally joins LevelSeas
    Fourth founder of online chartering survivor takes the plunge.
  • "Rusty" ship held in ITF trawl
    Seafarers week of action in Europe heads for record inspections total.
  • Chu Kong buys into five ports
    Hong Kong shipping agency is paying its parent for stakes in container terminals.
  • Stolt profits rise
    Chemical tanker giant Stolt-Nielsen feels it is well-placed to weather any upcoming downturns.
  • Carnival boasts strong occupancy rate
    The company's chief says the strengthening occupany levels show consumers are resuming their vacation plans.
  • Renaissance shutdown seen positive
    RCL's exit will give a better balance to the very competitive cruise market.
  • Thorvildsen takes reins at Awilco
    Sigurd E Thorvildsen is the new boss at Oslo-listed owner Awilco.
  • Kvaerner given breathing space
    A short-term debt-relief deal has been agreed with banks as crisis talks go on.
  • Snohvit resolve leaves owners waiting
    LNG newbuildings remain on hold as Statoil inches project forward.
  • Report blames safety failures for Samina death toll
    Greek prosecutor blames crew and safety inspector negligence for Express Samina disaster.
  • US cruise firms cut European sailings
    RCI and Celebrity to cut cruises next year amid uncertainty.
  • Owners fight shy of deliveries
    Masa-Yards is being asked to delay newbuildings as US attack fallout bites.
  • Novoship details newbuildings
    Russian owner Novorossiysk Shipping gives official line on $350m fleet renewal plans.
  • USCG stops Boston-bound LNG carrier
    Security fears prompt US Coast Guard to bar an LNG carrier from docking at Distrigas terminal in Boston.
  • Renaissance Cruises goes bankrupt
    Fort Lauderdale company goes out of business as fallout from US terrorist attacks claims first shipping victim.

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