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04 April 2020 The on-line newspaper devoted to the world of transports 19:14 GMT+2

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Shipping Timesweb site
FEBRUARY 5, 2002
Shipping News
  • Another S'pore bunker supplier may lose licence
    ANOTHER Singapore bunker supplier might lose its licence pending investigations by the Maritime and Port Authority of Singapore for supplying contaminated bunker fuel.
  • S'pore to set up Admiralty Court
  • Boat carrying Sri Lanka migrants sinks
  • Nine rescued from Philippine vessel
  • Cosco to increase shipments through S'pore by 20%
Air and Land Transport
  • Airline industry lost US$15b last year: Iata
    THE global airline industry lost US$15 billion last year, Pierre Jeanniot, director-general of the International Air Transport Association, Iata, said on Sunday.
  • EU mulls setting up mutual fund
  • Air NZ will stoutly defend its market
  • US to study security at 15 airports
  • BA may shed 16,000 jobs, launch price war: paper
  • American Airlines chairman slams BA merger conditions
  • Caribbean CEO upbeat union will go ahead
    THE head of Royal Caribbean is upbeat after talks with P&O Princess investors to seal a merger of the cruise groups and thwart a rival bid from the world's biggest operator Carnival.

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Sched Netweb site
FEBRUARY 5, 2002
  • Kuehne & Nagel wins Entegris technologies contract
  • Barwil clocks up 30 years
  • MOL to consolidate training centres in the Philippines
  • Asia has top 5 container ports
  • United Cargo opens cargo facility at LAX
  • White tigers aloft
  • Tibbett & Britten wins 7-Eleven contract

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Cargowebweb site
FEBRUARY 4, 2002
  • Share BA down after results
  • Brussels reluctant with Open Skies surprise
  • FAA orders Boeing 767 inspection
  • Menzies to cease Korean operations
  • Opening Mont Blanc Tunnel later

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Exim Indiaweb site
FEBRUARY 5, 2002
  • Rubbermark bags 3,000-t export order
  • Canada may enter into JVs for pulses sales
  • Spices Board to bid for bigger slice of US, Japanese markets
  • SIMA chief decries PSF dumping duty
  • Vedprakash leads team overseas to market Vallarpadam terminal project
  • VPT tops 37 mt in cargo handling, zeroes in on fiscal target
  • Tisco joins hands with German firm for port operations
  • TNT India plans to start logistics business
  • Emirates SkyCargo still the 'best airline'
  • Forex reserves crossed the $ 49-billion mark
  • Sinha may cut peak tariff only by 5 pc
  • AAR for Customs, Excise to be set up soon
  • Forex reserves racing to $ 50-bn mark
  • Inflation dips to 1.32 pc
  • Iron out duty anomalies: CII
  • Apeda acts to make optimum use of airport cold storages
  • ...sees roses all the way to Europe
  • Vanaspati units resent 'back-door'canalisation
  • ...sees vast market for meat products in Africa
  • Govt may dispense with tax on export finance interest
  • Finance Ministry studying US model on Customs tariff structure
  • Commerce Ministry presses for low tariffs on export inputs, duty drawback
  • Software sector proves to be most profitable!
  • Artfed makes its mark abroad
  • Commerce Dept. launches SEZ Website
  • Swiss delegation coming on business

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The Bunker Bulletinweb site
FEBRUARY 4, 2002
  • Russia reveals new oil strategy
  • Crude oil falls as Kuwait's exports remain unaffected
  • Kuwait's oil exports unaffected by blast
  • Brazil bunker market update
  • Firm start to the week in Singapore

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Marine Logweb site
FEBRUARY 4, 2002
  • Kvaerner and Aker RGI join forces in shipbuilding
    The Aker and Kvaerner yards are to be operated by a jointly owned management company

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World Wide Shipperweb site
FEBRUARY 4, 2002
  • Steve Sewell stepping down as Port of Seattle seaport director
  • Port of Portland opens first compressed natural gas station
  • MarAd publishes report detailing vessel calls to U.S. ports
  • Oregon/Washington ports call for Congress to fund Columbia Channel deepening
  • United bringing back flights dropped following September 11

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Lloyd's Listweb site
FEBRUARY 5, 2002
  • P&O Princess lines up ex-Renaissance cruise charter
    CRUISEINVEST, owner of six of the vessels abandoned by failed cruiseship operator, Renaissance Cruises, yesterday confirmed that it was negotiating to charter one of the vessels to P&O Princess's Swan Hellenic Cruises, writes Andrew Spurrier.
  • Arison flies in to turn up the heat on Princess
    P&O PRINCESS yesterday brushed off the third proposal of persistent suitor Carnival Corp, but the market expects Micky Arison's group to return with one final serenade before next Thursday's extraordinary general meeting.
  • Box cash floods in despite diving rates
    GERMAN private investors pumped another Dm2.8bn ($1.2bn) into the container industry last year, almost mirroring investment in 2000, despite the dramatic slump in freight rates ravaging the industry.
  • Role for EU states in Spain yards rejig
    THE European Commission's Competition Directorate has requested comment from all EU member states as to whether Spanish shipbuilding has been restructured in a way compatible with competitive principles.

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Fairplayweb site
FEBRUARY 4, 2002
  • Micky Arison sees glimmer of hope
  • Pilotage deal 'not to be revealed'
  • Malampaya to boost Aframax market
  • India THCs will not be regulated
  • Safety 'priority' in ship design
  • K Line discusses Singapore future
  • Crew saved as bulker goes down
  • Islanders demand better ferry
  • Asylum seekers solution criticised
  • Kidnapping 'on the increase'
  • Weather hinders Kodima salvage
  • Royal Olympic 'talking to unions'
  • Operators fined for rate fixing
  • Murmansk ousts chief exec
  • Hanjin targets Pacific reefers
  • Aker and Kværner yards join forces

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The Journal of Commerceweb site
FEBRUARY 4, 2002
  • Pacific lines will allocate reefer shares
    Carriers plan a one-year program to allocate market share among themselves for refrigerated-cargo shipments from the U.S. to Asia.
  • Europe shipyard mega-merger
    Norwegian groups Aker RGI and Kvaerner ASA will create Europe's largest shipbuilder.
  • BA cargo traffic, revenues tumble
    The airline saw its worst-ever results for the third fiscal quarter.
  • Hong Kong weighing "shared" customs with China
  • Low water hurting Great Lakes cargo
  • Sri Lanka surcharge cut
  • Sea Star buys two Matson vessels
  • Unions go 'green' to organize harbor drivers
  • Marine Society of NY elects officers
  • DOT to study security at key airports
  • U-Freight sets up U.S. logistics unit
  • Strachan Shipping agrees to acquire Norton Lilly International

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TradeWindsweb site
FEBRUARY 4, 2002
  • Global Crossing hit with class action suit
    The cash-strapped cableship owner is accused of "enroning" its shareholders.
  • USCG may get $1bn budget boost
    The budget hike will be used for replacing old vessels and aircrafts, and increasing recruitment.
  • Cold reception to new BITR assessments
    The two new Baltic Exchange tanker assessments are susceptible to manipulation by brokers.
  • Lund welcomes Aker expertise
    Kvaerner boss Helge Lund glad to gain access to "competent management" as part of shipbuilding tie-up.
  • RCCL warns against delay in merger talks
    An adjournment of POC's 14 February EGM would not benefit shareholders of both companies.
  • Matson sells two vessels to Sea Star
    Both US-flagged ro-ro containerships will remain in the US-Puerto Rico trade.
  • Punters roll up for Vela time-charter
    Saudi Arabian charterer said to be offering serious business and not simply rate-checking.
  • James Fisher rapped over near miss
    UK owner criticised by accident investigators after last year's incident involving bulker and P&O ferry.
  • KOTC fraud recovery fails
    Judges rule $34m claim against finance chief be pursued in Swiss courts.
  • Contra trade deal gets murkier
    Complex ships-for-debt scheme restructured but consequences unclear.
  • Kvaerner and Aker in yard tie-up
    Shipbuilding groups form joint management company but stop short of merger for now.
  • Lasco privatisation inches ahead
    Timetable set for long-running sell-off battle in Latvian Shipping Co shares.
  • Demolition totals rocket
    Tonnage continues to pile onto the market but buyers say plots and prices coming under pressure.
  • P&O kicks out $5.1bn Carnival bid
    UK cruise group sticks with Royal Caribbean Cruises saying rival's new offer is "inferior".
  • Indonesia remains piracy hotspot
    Numbers of attacks on ships down but use of violence remains key concern.
  • Gearbulk and Unithai in breakbulk alliance
    Shipping firms team up on forestry trades between South Africa and South East Asia.
  • Kodima salvors frustrated by bad weather
    Gales continue to hamper salvage of cargoship grounded off UK coast.
  • Finisterre consigned to history books
    Famous European Sea Area name is replaced under a new international accord.
  • Aden Container Terminal sees 52% growth
    Security fears and global slowdown don't prevent Middle East hub port racking up the numbers.

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