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20 April 2019 The on-line newspaper devoted to the world of transports 02:43 GMT+2

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Shipping Timesweb site
MAY 27, 2002
Shipping News
  • Star Cruises returns to the black in Q1
    STAR Cruises returned to profit in the first quarter, helped by cost cuts and the addition of two ships.
  • 125 feared drowned in Bangla ferry tragedy
  • Hutchison's US$240m plan for Panama box hub
  • Cosco to increase container capacity by 15% this year
Air and Land Transport
  • All 225 aboard feared dead in China Airlines crash
    ALL 225 people on board a China Airlines plane that crashed into the sea off Taiwan are feared dead.
  • Alitalia to suspend Rome flights during Nato summit
  • Preussag mulls entering no-frills travel market
  • World Cup: S Korea tightens safety regime
  • Cathay to restore suspended services
  • Log Book

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Sched Netweb site
MAY 27, 2002
  • Hamburg Sud launches Australia/NZ-Asia service
  • YICT handles 10 millionth box
  • Johore-Batam service readied
  • Phoenix appoints Vestal manager
  • New GSA consortium offers Europe-wide coverage
  • Cargo Express named agent for Miles Group
  • IATA behind cockpit gun stance

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Cargowebweb site
MAY 24, 2002
  • Continental, US Airways in alliance talks
    Continental Airlines and US Airways are discussing a code-sharing alliance to boost revenues, but such a deal only addresses part of the many problems facing the airline industry, Continental's ceo Gordon Bethune said.
  • Lower loss Descartes
    For the first quarter of the '2003 year' logistics software and services company Descartes reported an adjusted loss of $4.4 million, $6.1 million on a Gaap-base, compared with a loss of $12.3 million in the corresponding quarter a year ago.
  • Citibank to lend El Al $118 million
    Citibank will provide El Al Israel Airlines with a loan of $118 million to finance the purchase of a fourth Boeing 777-200 jet.
  • NOL, Singapore in pricing talks
    Neptune Orient Line, the parent company of APL, is discussing a new pricing structure for its terminal agreement with PSA Corp., the operator of the Port of Singapore, NOL's CEO Flemming Jacobs revealed at the NOL annual meeting.
  • New US East Coast-Asia calls Grand Alliance
    The nine vessels in the East Coast China Express (ECX) call at Pusan, Qingdao, Shanghai, Yantian, Hong Kong, Panama Canal, Miami, Savannah, New York, Norfolk, Savannah, then re-transit the Panama Canal before returning to Pusan.
  • Continental cargo hub at JFK
    Continental Airlines today opened its $25 million cargo handling facility at JFK International Airport in New York City.

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Exim Indiaweb site
MAY 27, 2002
  • India's free trade zone plan for SAARC nations may be shelved
  • WTO agreement on agricultural export subsidies termed 'unequal'
  • Wheat, rice export subsidies to be repackaged to comply with WTO norms
  • Car exports up in April
  • Task force for agri exports on anvil
  • WTC workshop on 'Export-Import Finance' on Wed
  • Basmati exports to Eu surge
  • CII draws up plan to boost trade with Egypt
  • CII team for Kuwait, Qatar
  • Container handling record by MSPL at MbPT on m.v. Wehr Altona
  • HPCL jetty at Vizag ready to import LPG
  • First container vessel to call at Paradip Port on June 4
  • Railways haul more in lean & mean year
  • Co-ordination Council to streamline N-S Transport Corridor project issues set up
  • Govt takes 51 more products out of SSI reserved list
  • India gets sweet price on 35,000 t. sugar for Iraq
  • STPs to be bifurcated for corporatisation
  • State way ahead in attracting FDI proposals
  • Afghan Minister invites Indian investors
  • Infrastructure sector records 5.9 pc growth in April
  • IICL exams scheduled for September
  • India's packaging expertise sought
  • Oman Oil may join Iffco, Kribhco for HPCL, BPCL stake

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The Bunker Bulletinweb site
MAY 24, 2002
  • Crude oil ends bearish week with further losses
  • Russia to boost oil exports in q3
  • Montreal prices rise with tight avails
  • Shell Marine Products announces personnel changes
  • Octel Marine Brings Together Marine Fuel Treatments Supply
  • Quiet Friday morning in Gdansk and Klaipeda
  • Rotterdam market report from Marine Bunkering
  • Los Angeles and San Francisco reports
  • Sluggish demand in Portland
  • Healthy market in Vancouver

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International Transport Journalweb site
MAY 24, 2002
  • ProLogis acquires new distribution facility in Sweden from DFDS Transport
  • Kuehne & Nagel extends in-flight logistics business in global partnership with e-gatematrix
  • Dragonair adds Xiamen market to freighter network
  • Shenzhen terminals doing well
  • PetroLesPort optimises box storage pricing
  • Post Denmark to be converted into a public limited company
  • Port of Le Havre
  • Evergreen and the Port of Oakland sign agreement on terminal
  • Italia/JSA: Mediterranean-South American East Coast
  • INDFEX 2 between India and China

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Marine Logweb site
MAY 24, 2002
  • Friede & Goldman sold to Russian interests
    Demonstrating that the U.S. bankruptcy auction process can produce some surprises, United Heavy B.V., a division of United Heavy Machinery, has purchased Friede & Goldman Ltd.
  • Earlier delivery date for cruise ship
    Kvaerner Masa-Yards and Royal Caribbean Cruises have agreed on an earlier delivery date for the cruise ship Navigator of the Seas

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Lloyd's Listweb site
MAY 27, 2002
  • Bonds key to Riley's £20bn golden egg
    LLOYD'S is considering launching a radically new investment scheme in an attempt to lure huge amounts of non-insurance capital that would give the market additional weight on the world stage.
  • IMO agrees new action to tackle threat of terrorists
    A HOST of new draft mandatory provisions to protect ships, mobile drilling units and port facilities from terrorist attack were agreed by the International Maritime Organisation's Maritime Safety Committee on Friday, writes Our IMO Correspondent.
  • Frontline seals breakthrough BP deal
    Frontline has agreed a groundbreaking cargo deal with BP that could employ the equivalent of more than 12 VLCCs a year.

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Fairplayweb site
MAY 24, 2002
  • Security tops the bill at IMO
  • FPSO failure hits VLCC market
  • Tough quarter for Tsakos Energy
  • ICCL refutes security claims
  • Trailer Bridge to fight delisting
  • Senate gives Bush trade authority
  • Indian Oil welcomed in Trincomalee
  • Med hub suffers from its success
  • SNCM to launch Algeria link
  • Buyer emerges for Ceres Paragon
  • Hanjin attracted by new scheme
  • EC making no comment on Carnival
  • German pay agreement reached
  • Navigator to be delivered early
  • Big tanker order from Torm pool
  • UAE launches Al-Najat probe
  • Record turnover at Singapore yards
  • Russia to recover shipping stake
  • Grain trader plans Albany upgrade
  • Chinese owner in bulker expansion
  • NKK sets date for yard merger
  • Bill to restore US anti-trust laws

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The Journal of Commerceweb site
MAY 24, 2002
  • Express carriers want Euro gov'ts. to foot some of increased security bill
    Express carriers in Europe are calling for government aid to help meet added security costs under new aviation security regulations expected to take effect next year. Weblog: Railroads get warning on terror attacks
  • In Argentina, trade gains amid chaos
    Export industries are gaining strength despite economic turmoil and political upheavals, a U.S. diplomat says.
  • Teamsters, UPS making progress
  • Senate passes trade legislation
  • Deutsche Post targeting Asia: CEO
  • CSX vies for stake in China port
  • Trailer Bridge facing delisting by Nasdaq
  • Bangor & Aroostook RR sold - again
  • Bertling adds U.S.-SA bulk service
  • Yellow plans rate hike
  • STX gets Italian tanker order
  • Ryder to manage Honda deliveries

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Antwerpse Lloyd n.v.web site
MAY 25, 2002
  • La publication des arrêtés d’exécution de la loi sur le transport routier est imminente
    Les arrêtés d’exécution de la loi du 3 mai 1999 devraient être publiés avant la fin du mois de mai. Le Roi les a signés le 7 mai, le gouvernement le 8 mai, de sorte que seule la publication au Moniteur doit encore intervenir. “Cela devrait être le cas avant la fin du mois”, a annoncé Yves Parmentier, qui est à la tête du service du Transport routier à l’administration du Transport, à l’occasion du Forum annuel de l’organisation belges de chargeurs OTM. Il se tenait jeudi à Zwijnaarde/Gand. Ces arrêtés entreront en vigueur en deux phases: une partie immédiatement après la publication - soit plus que probablement le 1er juin - et l’autre le 1er janvier 2003.
  • Railion Benelux a enregistré son premier bénéfice en 2001
    Malgré une baisse de trafic de 3% en tonnage l’année passée (24,6 mio. de tonnes contre 25, 4 mio. de t en 2000) et un statu quo du point de vue des t/km (à 3,8 mia. de t/km), Railion Benelux a pu afficher pour la première fois des résultats financiers positifs. La société prévoit que, grâce à une meilleure organisation et la mise en service de nouvelles locomotives (bi- ou quadricourants), la vocation européenne de Railion Benelux va s’accroître au cours des prochaines années. Railion Benelux est le département fret des chemins de fer néerlandais, repris par DB Cargo il y a une demi-douzaine d’années.
  • Le groupe Fischer augmente ses importations de jus d’orange via Gand
    Avec la première escale du “Carlos Fischer”, le plus grand navire du monde pour le transport frigorifique de concentré de jus d’orange et de jus de fruit frais non concentré, Citrosuco Europe a frôlé la barre des trois millions de tonnes d’importations en vrac réalisées depuis le lancement des activités en 1982. Le tout nouveau navire a une capacité fret de 40.000 tonnes et est ainsi plus de deux fois plus grand que les reefers traités jusqu’à présent par Citrosuco à ses installations au Sifferdok à Gand. Il s’agit du tout premier reefer spécifiquement construit pour ce type de trafic. Le groupe Fischer, un des leaders de l’agro-business brésilien, dont Citrosuco est la plus importante filiale, réagit de la sorte à la hausse de la demande en jus de fruit frais non concentré. L’an prochain, un second navire de ce type viendra compléter la flotte de Fischer.
  • Le terminal Ceres Paragon reste désespérement vide
    Le magnifique terminal à containers de Ceres Paragon dans le port d’Amsterdam offre depuis de nombreux mois un spectacle désolant. L’installation est déserte, mis à part la présence de portiques super-postpanamax qui bordent le grand bassin de manutention et le quai rectiligne qui complète l’installation, et une série de straddle carriers soigneusement rangés dans l’attente d’un premier container. Personne n’utilise cet outil révolutionnaire. En attendant, le compteur “financier” tourne. Les charges d’intérêts sont elles bien réelles et l’administration du port d’Amsterdam commence à s’énerver, les premiers remboursements auxquels est astreint le groupe américain Ceres de C. Kritikos se faisant attendre. D’où la menace de l’intervention d’un huissier et d’une action en justice.

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TradeWindsweb site
MAY 24, 2002
  • Panama ports get cash boost
    Panama Ports Company plans $240m port expansion for Balboa and Cristobal.
  • Lindoe shipyard to cut workforce
    The job loss is blamed on strong competition from Korea and weaker shipping market.
  • Frontline BP deal could be extended
    John Fredriksen says Frontline's BP VLCC charter deal is a first for an owner.
  • FGH sells marine engineering unit for $15m
    The bankrupt company continues to carry out its restructuring plan.
  • Meiji Shipping on the up
    MOL-linked tanker owner increased both earnings and revenues in the year to 31 March.
  • Reefer rebound for Toei
    Japanese reefer owner sees profits leap as it plans share buy-back.
  • Kyoei Tanker in the money
    Full-year profits soar at Japanese owner despite revenue dip.
  • Greek yards set for EC battle
    Elefsis lodges competition complaint over Hellenic sell-off.
  • Sanoyas moves back in profit
    Japanese yard Sanoyas Hishino Meisho inches back into the black but on weaker returns.
  • Union warns of Incat shutdown
    Operations at Tasmanian shipbuilder could be suspended in weeks if new orders not forthcoming.
  • Pay day for yard workers
    Szczecin shipbuilders collect first wages since February.
  • Frontline hunts ExxonMobil charter
    Outgoing VLCC pool partner seen as well placed for yet more oil major business.
  • IHI profits off target, but it avoids the red
    Japanese shipbuilder fails to achieve earlier profit forecasts on domestic economic woes.
  • NKK returns to the red
    US bankruptcy, stock write-downs and poor domestic economy take toll on shipbuilding and steel giant.

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