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04 April 2020 The on-line newspaper devoted to the world of transports 10:56 GMT+2

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Shipping Timesweb site
FEBRUARY 22, 2002
Shipping News
  • China's Shenzhen terminals break into top 10 group
    WHILE the global economic slowdown stagnated container handling throughput the world's major ports during 2001, Shenzhen, Hamburg and Los Angeles shone in their respective continents with healthy growth rates.
  • Prospects for maritime jobs stay good
  • Aussie sheep bound for Jeddah
Air and Land Transport
  • US airlines may spin off regional carriers: analyst
    MAJOR US airlines may look to shed wholly owned regional carriers this year as they seek ways to shore up balance sheets hurt by the travel downturn following the Sept 11 attacks, an analyst said on Wednesday.
  • Sept 11 fallout slashes Qantas interim profit by 42%
  • Air France's third qtr loss widens
  • No hint of trouble before Airbus crash in NY
  • United to reinforce cockpit doors further

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Sched Netweb site
FEBRUARY 22, 2002
  • East Asian trio launch intercontinental pendulum
  • Delmas weaves Asia into East African network
  • Ship repair services form alliance
  • Jurong picked by Jardine for transshipment
  • Kuehne & Nagel forms wholly owned subsidiary in Brazil
  • Cathay, SkyNet choose Mercury Air for cargo handling
  • Mercator's NOMAD keeps track of wandering containers
  • US Airways reports January traffic down

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Cargowebweb site
FEBRUARY 21, 2002
  • Air France stock up after result
  • TNT Post down after result
  • De-listing ACL from the Oslo Stock Exchange
  • UPS links logistics and financial services
  • U.S. airlines may shed regional carriers
  • Tiaca establishes scholarship fund
  • Rutges cargo appoints new UK station manager

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Exim Indiaweb site
FEBRUARY 22, 2002
  • Early imposition of dumping duty on vitrified tiles sought
  • Bangla formulating gas export policy for India
  • DGAD studying STPP imports from China, Taiwan
  • Indonesia ready to swap palm oil for machinery
  • India's exports to France up by 30 pc in 4 years-envoy
  • Bangalore co ties up with US firm to set up grain warehouses
  • Wheat exports for Lanka to be routed through Nafed
  • Spurt in export cargo by air from Chennai
  • Afghanistan rebuilding needs $ 50-bn investment: Lambah
  • IMTMA seeks duty relief
  • Tea futures exchange applications being processed
  • Indonesia identifies IT, pharmaceuticals as areas for tie-ups with India
  • Industry Minister clears 42 FDI proposals involving Rs 75 cr.
  • India to build STPs in Indonesia
  • Hefty 22 pc rise in tyre exports
  • STC stake sell-off set off
  • Karnataka plans SEZs at New Mangalore, Karwar
  • Gail, HPCL join hands to sell gas to AP
  • Need for industries to adopt Kaizen techniques stressed

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The Bunker Bulletinweb site
FEBRUARY 21, 2002
  • US Gulf sees some aggressive selling, may rebound on crude
  • Tight MDO avails in Halifax, steady Montreal market
  • Slow demand on the US East Coast
  • Baltic market scan
  • Italy and Malta market overview
  • Bunker prices buck rising cargo trend in Singapore, but avails seen tightening
  • Good avails Gibraltar and Canary Islands
  • Piraeus and Istanbul market snapshot
  • Market report for Chile
  • Healthy demand in Japan
  • US stock draw boosts crude short term, might not last long
  • US crude stocks fall for the first time this year
  • Hong Kong well supplied, posted prices drop in Taiwan
  • Korean market remains competitive for the region

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World Wide Shipperweb site
FEBRUARY 21, 2002
  • Port of Vancouver, BC's cargo totals come up just shy of last year's record mark
  • Port of Tacoma installs new equipment ID system for Hyundai yard
  • Portland Shipping Club holding 23rd Pizza Party
  • Seattle Maritime Festival scheduled for May 9-11
  • Customs Service raids businesses suspected of sending funds to Iraq

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Il Sole 24 Ore On Lineweb site
FEBRUARY 22, 2002
  • Grandi manovre in Adriatico: verso Psa il Molo VII di Trieste
  • Sei traghetti nei programmi della Tirrenia

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Lloyd's Listweb site
FEBRUARY 22, 2002
  • Skuld loses tonnage as Fredriksen widens net
    JOHN Fredriksen (above), one of the world's most powerful shipowners, has switched liability cover for some 3.5m dwt during a hectic renewals round, writes James Brewer.
  • ITF mulls legal action for crew in Kristal tragedy
    THE International Transport Workers' Federation, acting on behalf of several families of seafarers lost in the Kristal tragedy last year, is considering taking legal action against the vessel's operator, IC Shipping of Monaco.
  • LMZ Transoil in $20m target for Cyprus float
    LMZ Transoil has set its sights on raising a modest $20m in new equity as it aims to become the first bulk shipping concern to float on the fledgling Cyprus stock exchange, it has emerged.

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Fairplayweb site
FEBRUARY 21, 2002
  • Training centre given assurance
  • Tanker profits rise despite poor 4Q
  • ACL pulls shares from Oslo
  • Bordeaux choice sparks strike call
  • Handy pool to double fleet
  • Class law 'railroaded through'
  • Romanian yard 'vital' to Aker
  • Ferry lines 'unable' to compete
  • UK reduces light dues
  • Pakistan relaxes forex account ban
  • China coal exports surge
  • HHI sees operating profit slump
  • Star owner stung by casino loss
  • Adsteam faces towage inquiry
  • N of E expands despite rate rise
  • Korea seeks to postpone hearing
  • Pelepas holds out olive branch
  • Cargo transfer reveals duty split
  • ABP boosts UK ports profits
  • Safmarine absorbs Himalaya service
  • New Sahara port in disputed land

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The Journal of Commerceweb site
FEBRUARY 21, 2002
  • Maersk Sealand warns UK ports
    The world's largest ocean carrier warned that deep-sea carriers could start serving Britain by feeder ships from continental Europe because of a critical shortage of capacity for the largest container vessels.
  • Census putting wraps on AES requirements for controlled exports
  • Seafarers to strike Shipping Corp. of India
  • D. Logistics stock crashes on liquidity concerns
  • Zim boosts capacity at Port of Jurong
  • UPS launches all-in-one supply chain unit
  • United Cargo offers same-day heavy freight service

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Antwerpse Lloyd n.v.web site
FEBRUARY 22, 2002

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TradeWindsweb site
FEBRUARY 21, 2002
  • Record result for OSG
    Cost savings boost US tanker owner as it battles huge rate downturn.
  • Frontline moves not all from Skuld
    Top owner switched 30 ships at P&I renewals but others shared the pain.
  • Seascope hits resale snag
    Alan Marsh warns that contract delay will takes $1.5m bite out of profit.
  • Two bids for Pertamina time-charter
    One owner turns out for period business in second tender for VLCC.
  • Legal action complicates SPaP sell-off
    Winner of first auction for Slovakian state owner is suing privatisation agency after sale was scrapped.
  • Tschudi & Eitzen brought to book
    Along with John Latsis, Sir YK Pao and John Essberger.
  • LNG shipping boosts BG's income
    UK gas giant logs improved returns as it takes bigger role in transporting its own product.
  • Clipper Elite and Thor hook up
    Consolidation rears its head among the multipurpose players.
  • Dohle boxship nabbed in US
    US Coast Guard detained a Peter Dohle containership and ten other vessels in January.
  • Silja turns a profit
    Improved return for Finnish ferry operator despite drop in revenue.
  • B&N profits rise
    Ro-los and bulkers prove costly for Swedish owner but specialist ships save the day.
  • Hyundai cuts losses
    Affiliates prolonged losses, but yard is hopeful fourth quarter figures will show turnaround.
  • Weaker utilisation rates hit DSND Subsea
    Norwegian owner's offshore fleet turned in a loss in 2001, but this year should see an improvement.
  • Austal wins cruiseship order
    Australian shipyard will build two small vessels for a French Polynesian owner.
  • ASRY chairman Yousif re-elected
    Bahrain repair yard sees top man stay on for another year after promising 2001.
  • Reasons to be cheerful at ABP
    UK and US ports group's net earnings fell in 2001, but its operations were more profitable than ever.
  • ATC fined over 2001 Port Angeles spill
    Alaska Tanker Company fined $25,000 after the tanker Prince William Sound polluted US port.
  • SembCorp sees increase in repair deal values
    Owners are spending more money on repairs despite market uncertainty, says Singapore yard.
  • Tough quarter fails to dampen Teekay results
    Aframax giant's full year profits were up nearly 25% on 2000 despite a poor last quarter.

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