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| FEBRUARY 12, 2002 |
Shipping News
- Security experts to discuss anti-terrorist measures
INTERNATIONAL security experts will gather in London next week at the headquarters of the International Maritime Organization to discuss maritime security and counter-terrorism issues.
- Evergreen Marine to keep 62 ships on Panama register
- Ship that sank 50 years ago blamed for California oil spill
Air and Land Transport
- Airline bosses see brighter skies but call for reform
THERE are brighter skies ahead for airlines battered by the recent slump in air demand, but carriers must cut costs and capacity if they are to return to profitability, say industry executives.
- Virgin Group, Tesna to hold more talks
- Malaysia Airlines cutssale price of eight jets
- Hainan Airlines shrugs off industry merger
- M'sia wants more flights from China
- FAA to let California police carry guns on planes
Features
- Airlines face business, economy class revolt
THE future of full-service airlines in the European short-haul market looks increasingly difficult as business and economy passengers alike move to cheaper seats, especially on rapidly expanding budget carriers.
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| FEBRUARY 12, 2002 |
- Adsteam Agency (India) Ltd 1st shipping agent in India to win ISO 9001:2000 Certification
- Oilmeal exports move up by 67 pc in January
- Apeda to take aromatic Basmati to New York, Chicago
- ‘UK becoming major destination for IT outsourcing’
- Italy may offer lucrative software service market
- Valentine’s Day orders bring the roses to floriculture exporters’ cheeks
- IT exports grow by 26.4 pc in April-December
- Swiss offers daily flights to Delhi, Mumbai
- Air Sahara begins daily services to Hyderabad
- Forex reserves up by $ 27 million to $ 49,252 million
- New package deal for SEZs being drawn up
- Centre seeks ADB loan for last-mile projects
- Forex reserves near $ 50-bn mark
- CII-WB study says ‘Maharashtra, Gujarat best for investment’
- Fin. Ministry may waive duty on capital equipment needed to develop ports
- More sops for drug cos in offing
- Govt to shed STC stake to 16 per cent
- India, Russia sign protocol for closer trade ties
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| FEBRUARY 11, 2002 |
- API stats expected to show an increase in stocks, crude oil falls - 17:30 GMT
- Russia intends to cooperate with OPEC - 17:05 GMT
- Sevan calls for adjustments to the Iraqi oil sanctions structure - 15:55 GMT
- Kuwait's oil minister resigns - 13:15 GMT
- Market report for Chile - 12:25 GMT
- Rotterdam morning market report - 10:50 GMT
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| FEBRUARY 11, 2002 |
- Salvesen streamlines in Germany
- Swiss Post International invests in Italy
- Container charter market
- CSXT rolls out new look
- Stonier launches intermodal initiative
- Hungary's roads
- Vopak acquires terminal in Mexico
- Pacer forms alliance with Parry Trucking
- Lille orders two ContChamps
- STB approves Rail Expansion Project
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| FEBRUARY 11, 2002 |
- Hanjin back in Portland on temporary basis
- Greenbrier deciding where to build 900 newly-ordered railcars
- Coast Guard checking vessels for faulty pollution prevention equipment
- Portland Shipping Club names Walt Morey Old Salt for 2002
- CSX Transportation painting entire fleet of locomotives
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| FEBRUARY 12, 2002 |
- Hijackings Double as Organised Crime Takes to the High Seas
- Uganda's Support Helped Us Succeed in the URC Project
- 'Mv Bahari' Held as Crew Lodges $10m Claim
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| FEBRUARY 12, 2002 |
- New Zealand team upbeat as clean-up continues
NEW Zealand maritime officials are confident they can empty the remaining 450 tonnes of bunkers from a beached Hyundai Merchant Marine ship before heavy weather rolls in again tomorrow, writes Matthew Flynn.
- Spectre of suicide sea hijackers
Meanwhile, the week-long International Maritime Organisation working group on maritime security session - designed to address precisely such concerns - opened in London yesterday.
- Charterparty defaults rocket
CHARTER party defaults have rocketed since the September 11 terrorist attacks, the International Maritime Bureau claims, writes David Osler .
- ABS chief urges class to act against bullies
CLASSIFICATION societies find themselves in a position of "striking similarity" to the beleaguered auditor Arthur Andersen in the Enron debacle, American Bureau of Shipping chairman and chief executive Frank J Iarossi suggests, writes Michael Grey.
- Ceres in reshuffle as consolidation nears
PETER Livanos’ Ceres Hellenic group has shuffled its top management as the date of consolidation of its bulk carrier fleet with that of Italy’s Coeclerici approaches.
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| FEBRUARY 11, 2002 |
- US subsidy programme stays in DOT
- Finnlines cautious after strong year
- New foreign mix for SCI bid
- Nordenham banks on bulk
- SLPA lures Lankans from leave
- Brovig seeks interest payment delay
- New horizons for Rio
- Tirrenia rejects ports' criticism
- Volgotanker diversifies cargo mix
- Action urged on Italian tonnage tax
- Stranded Romanians get support
- Alert issued over drifting gas tanker
- Romanian yard sale date extended
- Security talks open at IMO
- Seafarer responsibility bill urged
- Pumping starts on stranded logger
- Eurogate shelves Russian port plans
- TACA to hike rates
- New Palm Beach terminal lacks ship
- Quay delays leave Lanka fuming
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| FEBRUARY 11, 2002 |
- UPS, Teamsters to resume talks
The next round is expected to focus on non-economic work issues.
- More cuts for British Airways
The airline on Wednesday is expected to announce deep cuts in services and thousands more layoffs.
- FedEx optimistic on earnings
The company said earnings could top its previous forecast for the third quarter.
- Increase for West Gulf tonnage
- Channel Tunnel loss widens
- Target Logistics acquires Air America
- Thieves grab $9.2M in Heathrow robbery
- Anthony Tozzoli, NY port pioneer, dead at 77
- UPS expands Web services for non-U.S. customers
- China aviation eyes Macau push
- ILWU caucus sets contract demands
- NCBFAA objects to reefer plan
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| FEBRUARY 11, 2002 |
- Shanghai authorities set Sea Baron free
The Panamanian-flagged ro-ro vessel collided with 40 barges in the northeastern Chinese port on Friday.
- More cash for Safren shareholders
Liquidators pay further dividend from break up of South African shipping group.
- Dynacom VLCC fails Pertamina
Indonesian charterer "disappointed" by owners whose tanker had been fixed for time-charter.
- Djibouti plans oil port
The East African country is lining up a $300m scheme to put it on the world shipping map.
- Nico Tomasos dies
The 75-year-old patriarch of Tomasos Group passed away Monday morning.
- Brovig postpones debt payments
Struggling FPSO owner takes action on mortgages and bond issue.
- Trafigura counts Essex costs
Rumours swirl over a settlement for the ULCC caught up in a case of a contested cargo of Iraqi oil.
- Workers' strike hits Bay Shipbuilding
The Wisconsin shipyard may not proceed with its winter ship repair work if the strike continues.
- Shipyard proposed for Gwadar
Loss-making Karachi Shipyard in Pakistan wants to spread its wings with ambitious plan for new yard.
- Sunken Thai LPG ship poses safety threat
The ship loaded with LPG is floating into busy shipping lanes in the Gulf of Thailand.
- Russian volumes boost Finnlines
Finnish ro-ro operator survives intense Baltic competition to post higher earnings in 2001.
- IMO reviewing maritime security issues
Anti-terrorism issues will be top of agenda during the IMO meeting in London this week.
- Oil pumped from grounded bulker
Fears of major spill abate as salvage teams get to work on Jody F Millennium off New Zealand.
- Holt Group receives $15m lifeline
The bank loan will restore the cash-strapped shipowner's financial health.
- Forty injured on jetfoil
Mechanical trouble causes emergency stop on Canary Islands ferry.
- Hyundai seeks full payment of debt
Korean shipbuilder appeals against court ruling on repayment from group companies and officials.
- Hong Kong holds five
MTM Ship Management chemical tanker among January's port state control offenders.
- Canadians board suspected oil smuggler
Tanker suspected of violating UN oil embargo seized in the Arabian Sea.
- KMY inks icebreaker design deal
Shipbuilder's North American design office to provide input on latest USCG icebreaker.
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