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| FEBRUARY 6, 2002 |
Shipping News
- Shipowners, Asian yards in roundtable talks
IN an unprecedented move, four global shipowner's bodies discussed quality shipbuilding standards with major Asian shipbuilders as part of a one-day industry roundtable on Monday.
- Eleven bunker surveyors convicted
- Evergreen Line is overdrawn Marine to register ships in UK
- P&O Princess spurns Carnival's revised proposal
- Lang expects rail assets to boost income
Air and Land Transport
- Central European airlines need partners to survive: analyst
CENTRAL Europe's three main national airlines, all loss-making last year in the aftermath of the Sept 11 attacks on the United States, can only survive if they look beyond the region for alliances, an industry analyst said.
- Ryanair's fiscal Q3 earnings jump 35%
- China cabinet endorses airline merger plan
- SwissAir in talks to sell catering arm to US group
- Delta flight forced to return to Denver
- United Air passenger traffic drops 16%
- Southwest's passenger volume down 4.9% in Jan
- China Eastern to sell 2 cargo jets to unit
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| FEBRUARY 6, 2002 |
- Heung-A rings the changes
- World Fuel Services reports strong third quarter
- Czech mate for NYK Line
- MOL Ingenuity replaces Danube
- Hong Kong given Cargo Airport of the Year 2002 award
- China Eastern orders 30 to 50 Airbus aircraft
- Southwest Airlines releases January traffic results
- United Airlines realigns management
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| FEBRUARY 5, 2002 |
- US transportation budget grows for war
- 17.6 per cent growth PSA Group in January
- KLM traffic down
- British airports: slow recovery
- U-Freight America launches logistics subsidiary
- Evergreen: Taiwan's local airlines should merge
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| FEBRUARY 6, 2002 |
- Delmas starts direct service between Singapore & East Africa
- Senator to streamline transpacific services
- Republic of Moldova joins IMO
- "K" Line to set up operation centre in Singapore
- Zim acquires renowned logistics provider
- Wallenius Wilhelmsen unit names Heintzelman as Vice-President
- ECU-Line offers Antwerp-Havana service
- Maersk Pacific expands Tacoma terminal
- MISC, OOCL improve Euro coastal services
- A.P. Moller renames terminal unit
- Contship Italia orders 10 Kalmar RTGs for delivery this year
- MOL, Oman settle LNG carrier sale, charter
- Port of Tanjung Pelepas picks up biggest cranes in South-East Asia
- APL opens own office in Riga to tap Baltic region’s potential
- GAC moves to Jebel Ali
- Safmarine launches Big-Leaf Maple service
- Sir David is non-Exec Director on P&O Board
- A beehive of feedering activity - Delta Terminal at Port of Rotterdam
- US-bound boxes passing via S’pore may be x-rayed
- New records for Singapore
- UASC joins Inttra
- AAL upgrades liner services
- OTAL appoints new manager for Germany
- BoB extends Rs 200 crore loan to SCI
- Spinners envisage misuse of PSF dumping duty
- Software exports post 25 pc growth in third quarter
- China Eastern Airlines to start Delhi service
- Concor’s ICD-Guntur now fully equipped to meet trade demands
- Let’s export the domestic glut, steel units urge govt
- Ficci urges govt to take up main anti-dumping issues with WTO
- Task force to go into steel sector woes
- Naidu holds out SEZ before foreign investors
- Exim Bank plans to issue Rs 700 cr. bonds soon
- Business Confidence Index perks up from Oct. ’01
- Fiscal deficit shoots up by 18 per cent in April-December 2001
- Gail poised to don garb of global infrastructure entity
- Radical strategy to promote services exports in the offing: Prasad
- Far-reaching changes in textiles duty structure mooted - Steering Group submits report to PMO
- Agro, processed farm goods face Customs duty hike
- Strategy will help in textile market penetration-SRTEPC chief
- WTC seminar on agro & food industry on Feb. 13
- ‘Enterprise Initiative: India’ introduced in UK: Griffith
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| FEBRUARY 5, 2002 |
- Some tight avails in Panama
- Chile market update
- Bunker market report for Argentina
- Italy gets its first ever bunker industry seminar
- Strike threats easing in US oil refineries
- Kuwait looking to restore lost oil by early March
- Prices for Montevideo/Alpha Zone, new bunker tanker operating smoothly
- IPE begins 2002 with record volumes
- Rotterdam market report
- Brazil fuel oil firmer
- API stats expected to show a rise in stocks, crude oil falls
- Prices from Russian ports
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| FEBRUARY 5, 2002 |
- EuroAirport tonnage down
- Kuehne & Nagel stretches out to Mongolia
- Grimaldi supports de-listing from OSE
- Planzer buys Docks Consorzio
- Frans Maas takes over Cargo Service
- DAS air cargo extend East African operations
- PSA group rebounds with 17.6% growth in January 2002
- Menzies Aviation Group to cease operations in Korea
- Portland: North Marine Drive project reaches midpoint
- Matson sells two ships to Sea Star venture
- Inland shipping freight market, week 05, 28th January/1st February, 2002
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| FEBRUARY 5, 2002 |
- Good news, bad news in Bush budget proposals
Shipbuilders and ship operators alike will find things to dislike in President Bush's Budget proposals for Fiscal Year 2003
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| FEBRUARY 6, 2002 |
- Top owner groups push for newbuilds yardstick
IN an unprecedented and radical move, the world’s four main shipowners’ organisations are jointly pushing a new minimum standard for newbuildings to be introduced across the board in the next few years.
- Panic as laden tanker goes wrong way up Channel
A LIBERIAN-flagged tanker, laden with 54,000 tonnes of fuel oil, became the second vessel in a little over a week to provoke a panic among French marine surveillance services as she took the northbound lane of the Channel traffic separation system off Brittany in the wrong direction, writes Andrew Spurrier, Paris.
- P&O Princess performs better than expected
P&O PRINCESS yesterday shrugged off the effects of September 11 and reported better-than-anticipated results for 2001, putting pressure on Carnival Corp to increase its #3.6bn ($5.07bn) hostile takeover bid.
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| FEBRUARY 5, 2002 |
- Lykes ship loses 60 boxes in storm
- ValuShip lied, says owner's agent
- Fesco, HMM in Pacific route-share
- Chinese THC put on hold
- Passengers to fund US Customs hike
- Perama strikes tomorrow
- Hitachi Zosen casts off ship division
- Thai port DG vows to tackle crime
- Foul weather delays Kodima salvage
- Singapore reverses box decline
- Box venture 'will not fold'
- Møller takes on Kingston terminal
- Samsung yard to go digital
- Singapore sets up Admiralty Court
- WTO entry 'will hit Chinese yards'
- Statia to vote on Kaneb bid
- USCG gets record budget increase
- Princess doubles 4Q profits
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| FEBRUARY 5, 2002 |
- Organized crime steps up piracy
A new report blames crime rings for an increase in violent thefts of entire vessels and their cargoes in 2001.
- BAA profits off in 3Q
The world's largest airport operator reported a 21% decline in third-quarter pre-tax profits.
- Customs wants to pre-screen imports
Customs chief Robert C. Bonner told a meeting of importers that they will be rewarded for their cooperation with expedited treatment of cargo.
- Airborne CEO Cline, Brazier to retire
- Shipbuilders slam Bush budget
- Box growth for PSA
- UPS looking at Europe deals
- UPS names Paredes Americas VP
- Logistics.com offers multi-modal transport planning
- Fritz to head disaster response initiative
- BAX sees first profit since 2000
- Cargolux names S. America exec
- IMF probing Indonesia customs
- Genlyte Thomas Group tabs Emery Forwarding
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| FEBRUARY 5, 2002 |
- Fortum exits suezmax sector
Irano-Hind confirmed as $35m buyer of Finland's largest tanker.
- SCI cuts debts ahead of privatisation
Shipping Corp of India is reducing number of ship mortgages with new loan.
- OceanConnect rejigs sales team
The online bunker trading firm seeks more broker-type sales personnel.
- GNV revenue rises
Commitments to G8 summit shrink passenger numbers for Italian cruise ferry company Grandi Navi Veloci.
- Shun Tak taps lucrative Chinese market
Ferry operator is starting service between Shenzhen and the gamblers' paradise of Macau.
- Tepco confirms LNG option
Japanese power utility goes ahead with second gas carrier newbuilding.
- Evergreen to flag to Europe
UK and Italian registers to get over half of top liner fleet.
- Speed limit threatens to put brakes on Tranz Rail
New Zealand ferry owner may cut sailings or capacity on inter-island route if environmental measures adopted.
- P&O profits slip back
Cruise line says first quarter bookings on track, but sees summer shortfalls.
- SembCorp orders in Korea
Contract for small product tanker plus two options signed with Samho.
- Shell chartered tanker held in Australia
Twenty-two-year-old aframax on charter to an oil major snared in port state control net.
- Japan begins search for cargoship
Cambodian-flagged Lan Jie, with 19 crew aboard, has been missing since 26 January.
- Singapore establishes Admiralty Court
New court aims to reinforce country's status as a leading shipping hub.
- MOL merges Philippine training centres
Owner consolidates MOL and former Navix facilities into one centre in Manila suburbs.
- Kodima salvage delayed until Thursday
Salvors Wisjmuller waiting for better weather before attempting to move cargoship grounded off UK coast.
- Mersey Docks invests in local ship repairer
Port of Liverpool operator takes 50% stake in Northwestern Shiprepairs and Shipbuilders.
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