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| APRIL 2, 2002 |
Shipping News
- HK, China's delta ports complement one another
HONGKONG and China's Pearl River Delta are not in 'vicious competition' over shipping and aviation despite the rapid development and growth in mainland Chinese ports at the apparent expense of the special administrative region.
- Chennai port to become east coast box hub
- Ship agents being targeted by traffickers
Air and Land Transport
- New carrier Swiss takes off, replacing Swissair
SWITZERLAND's new airline, called Swiss, took to the skies on Sunday.
- Air travel revives in 1st quarter 2002
- Ex-Alitalia man named Iata chief
- Italian fighters intercept wayward Cessna
- Wire from toilet paper holder diverts flight
- KLM jet evacuated before takeoff
- China aviation firm's net profit plunges 30.7%
- Boeing, US Air Force in talks to lease jets
- Log Book
Features
- New horizons for Stena
STENA, the Swedish shipping conglomerate, despite its size, is very much a family company.
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| APRIL 2, 2002 |
- Transpacific lines pass on Alameda Corridor charge
- Singapore's MPA honours marine pilots
- Conterm names new general manager of Finland office
- San Marino joins IMO
- American Airlines and SWISS to codeshare
- TNT continues Eastern Europe expansion with night run
- US Airways to sell surplus aircraft and parts
- Continental ending codeshare with America West
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| MARCH 30, 2002 |
- Yellow launch of Meridian IQ
Yellow Corporation announced the official launch of Meridian IQ, a non-asset services company that utilizes web-native technology to provide customers a single source for global transportation management.
- UPS aircraft mechanics reject pact
United Parcel Service aircraft mechanics and utility workers have rejected a tentative contract settlement reached in December.
- Maersk deal with Equant
Maersk Data USA announced it plans to connect the world's ports to its transportation hub through partnership with Equant, an Amsterdam-based data network provider.
- PSA result down
Singapore terminal operator PSA said group-operating profit in 2001 declined 6.4 per cent to USD 1,082.4 million in 2001 on a combination of flat revenue growth and higher expenses due largely to new businesses.
- US Airways to seek financial help
US Airways is evaluating whether to apply for federal loan guarantees from Washington, further underlining the loss-making carrier's woes.
- Vitoria host Tiaca forum in 2004
Vitoria International Airport (VIA) has been selected to host Tiaca's biennial International Air Cargo Forum and Exposition in Bilbao, Basque Country, Spain, in 2004.
- Orders for Boeing and Airbus
The depressed civil aerospace sector received a welcome boost when the two major aircraft makers secured combined orders worth USD 4bn at list prices.
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| APRIL 2, 2002 |
- Esskay Shipping sets new 1-day unloading record at Vizag Port Trust
- Sailing through rough waters, MAC-NELS completes a successful year in Mumbai
- The twinkle is back in diamond exporters’ eyes
- Steel items’ exports to US crash
- Anti-dumping duty imposed on Qatar caustic soda
- Exim Policy draws bouquets & brickbats from Exim Management Institute
- Former Fieo chief sees scope to boost exports by 15-30 pc
- GCPTCL to enhance cargo handling in post-APM era
- Direct A-I services to Guwahati en route to Bangkok from April 4
- Forex reserves crossed the $ 52-billion mark
- Sri Vasavi Florex bags Apeda award for 4th time
- Positra SEZ close to financial closure
- Services account for 20 per cent of global trade
- Exim Bank commissions Delhi IIT to study herbal medicines export potential
- Growth-oriented, progressive and exporter-friendly Policy, says Fieo
- Maran-omics delight apex chambers - CII: 1 pc global trade share hinges on timely action
- IBAG to hold int’l industry & agri fair in Baghdad
- Nagpur CHAs’ Association office-bearers
- AMTOI holds 2nd Lecture Series on ‘Sea Carriage Act’
- EMI’s workshop on Exim Policy on Saturday
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| APRIL 1, 2002 |
- Washington Governor signs channel funding bill with Port of Longview terminal in background
- IMO wants shipbuilders to plan on ballast water systems
- Corps hits Port of Garibaldi for improper dredging procedure
- Port of Portland Executive Director will speak at Shippers Appreciation Banquet
- Both Ballard locks back in service
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| APRIL 1, 2002 |
- STCW Delay Will Benefit East African Seamen
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| APRIL 2, 2002 |
- Rail freight firms face long wait for recompense
UK rail freight companies claiming £15m ($21.37m) in government compensation for disrupted Channel Tunnel services are in for a long wait, writes Roger Hailey.
- Millenium bondholders seize control of bulker fleet
BONDHOLDERS of Millenium Seacarriers have quelled a creditor revolt in the US Bankruptcy Court in New York and completed their acquisition of Millenium’s fleet of old bulkers.
- Andersen claims first insurance victim
TROUBLED global accountants Arthur Andersen’s Bermuda-based insurer which was earmarked to cover mounting Enron-related claims has hit insolvency after its parent company defaulted on a $100m premium payment, writes Jerry Frank.
- Test for tunnel as SNCF starts full services
SCEPTICAL UK rail freight operators will discover today whether French railway SNCF can fulfil its pledge to restore Channel Tunnel through-train services.
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| APRIL 1, 2002 |
- China will delay new ocean rules
Following meetings with a delegation from the United States, China has decided to delay the implementation of controversial new maritime regulations.
- Cargo security charges could rise
Shippers are learning that security doesn't come cheap, and they can expect surcharges imposed by carriers to continue to rise, airline executives said.
- Wanted: Logistics experts. Apply: China
- FedEx expands 3P Web-tracking
- Brazil port inaugurated
- Columbus Line moves Los Angeles office
- Dial Corp. joins Nistevo network
- Frozen Food Express Industries restates results
- Malaysia won't sell airports to Schiphol
- Death toll 27 in Dubai shipyard flood
- Seabulk International completes inland sale
- JFK Air Cargo Assn.: Gov't. should verify known shippers: Execs
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| MARCH 30, 2002 |
- DFDS Tor Line compte sur une relance du trafic sur lEuroBridge
Le service EuroBridge a réalisé une performance nettement inférieure à celle de lannée précédente en raison dune baisse des volumes et dune concurrence acharnée... Bien que les revenus générés par le service EuroBridge augmenteront cette année, leur niveau restera insuffisant. Les informations sur le service EuroBridge entre Gand et Göteborg reprises dans le rapport annuel du groupe DFDS sont loin dêtre positives et confirment la tendance négative dont il était déjà fait état lannée dernière. Mais il nest nullement question dune réduction ou dune restructuration du service, à lexemple de ce qui sest passé avec NorBridge. Le service sera maintenu dans sa forme actuelle et nous tablons
sur une reprise des volumes à terme. Nous étudions dailleurs certains projets dans ce contexte, nous a-t-on dit chez DFDS Tor Line. Larmement étudie par ailleurs avec les ports de Gand et Göteborg comme les coûts descale et de transbordement peuvent être réduits.
- KLM abandonne sa stratégie de fusion
La compagnie aérienne néerlandaise KLM ne recherche plus de partenaire en vue dune fusion. Cest ce qua déclaré le directeur commercial de la compagnie, Rob Ruijter, dans une interview à Dow Jones Newswires. Plutôt que de fusionner avec un autre opérateur, KLM veut désormais conclure des alliances avec des partenaires européens.
- Pays-Bas: la loi ferroviaire ne règle pas la répartition de la capacité
La ministre néerlandaise des Transport Tineke Netelenbos aura plus de chance dans le secteur ferroviaire quaéroportuaire. Après les déboires de la privatisation de Schiphol (voir par ailleurs dans ce journal), il semble bien quune majorité se dessine pour approuver la loi ferroviaire et la loi de concession. A quelques semaines des élections parlementaires, cest pain bénit pour la majorité violette.
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| APRIL 2, 2002 |
- Tanker stock moving up
Oil buyers may begin buying more cargoes for storage amid rising tensions in the Middle East.
- HHI workers not joining strike
The 600,000-strong Korean Confederation of Trade Unions threaten a sympathy strike Tuesday.
- OSG rejigs credit facility
Borrowings from canceled $450m credit line will be shifted to new $350m credit facility.
- CS Container Line begins Thailand-US service
The new service is part of the Thai-Chinese cooperation pact signed last year.
- Tsakos Energy stock rated Buy
Chairman Nikolas Tsakos has 26.6% stake in the Athens-based tanker company.
- First quarter demolition totals double
Scrap sales deadweight tonnage figures soar on large tankers disposals.
- Seabulk sells inland barge fleet
Proceeds from the $3.8m transaction will be used to pay off debt.
- Anangel swings into final privatisation leg
The Angelicoussis family timetables final share buyback offer period and US delisting plans.
- Szczecin homes in on cash
Officials for debt-burdened Polish shipbuilder hint of bank loan and production restart.
- Daewoo eyes fresh LNG business
Korean yard is not content with its record-breaking trawl of gas carrier orders last year.
- Liner losses dog MOL
Mitsui OSK Lines president Kunio Suzuki says freight rate drop "worse than expected."
- Samsung scoops FPSO order
Korean yard bolsters orderbook with talk of more tanker orders in the pipeline.
- Evergreen sales fall
Taiwanese liner giant sees trade fall over 25% in the first two months of 2002.
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