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27 May 2020 The on-line newspaper devoted to the world of transports 23:36 GMT+2

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Shipping Timesweb site
JANUARY 29, 2002
Shipping News
  • IMO gives 6 months' grace on STCW cert
    THE International Maritime Organisation has extended this Friday's deadline for seafarers to obtain proper training certification under a revised international convention, citing lengthy administrative delays.
  • US Navy storms 2 ships in the Mediterranean
  • Support for voluntary third tier oil spill liability structure
  • Indon ship sinks on way to Batam
  • Tg Pelepas port takes delivery of 2 quay cranes
Air and Land Transport
  • Cap on foreigners' share in China airlines raised to 49%
    FOREIGN companies will be able to take stakes of up to 49 per cent in China's domestic airlines, against the current 35 per cent, once the ongoing restructuring of the industry is complete, the China Daily reported, citing Civil Aviation Authority of China minister Liu Jianfeng.
  • China to cut aircraft orders over next 4 yrs
  • Govt extends third party insurance cover to SIA, units
  • Britain considers proposal to build 3 runways: reports
  • Korean Air to add Europe flights for World Cup fans
  • Log Book
  • Sound advice on ship finance in M'sia, Spore
    THE voice of experience often gives the soundest advice, and it is also the case with books catering to professionals, that those with greater experience are likely to provide a better guide for the subject matter at hand.

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Sched Netweb site
JANUARY 29, 2002
  • New HKCTOA chairman predicts 'hub status'
  • MISC and OOCL boost co-ordinated services in Europe
  • Hong Kong Marine Department in open and shut case
  • Jurong Port picks up pace
  • Singapore Airlines puts off delivery of Boeing aircraft
  • United offering non-stop flights between DC and Dusseldorf
  • K&N stretches to Mongolia

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Cargowebweb site
JANUARY 28, 2002
  • Vopak sacks boss in big trouble
  • 'Deutsche Post facing huge penalty'
  • Price joint venture too high, say BA/AA
  • Open Skies UK and USA on hold
  • MISC and OOCL announce coordinated services in Europe
  • CP Ships profit down
  • Main autoroute France floated
  • Merger Danzas Japan sealed

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Exim Indiaweb site
JANUARY 29, 2002
  • Cuba seeks closer trade ties with India
  • MinMetals strikes $ 125-m deals with Indian cos
  • Tariff reforms will have to be in phases: Rly Minister
  • Multimodalism has bright future: AMTOI Vice-President - AMTOI Lecture Series evokes immense response
  • Concor to commission Bhusawal Container Terminal today
  • CWC earns Rs 73.33 cr. net profit
  • Forex reserves shot up Northwards by $ 628 million to $ 48,927 million
  • RBI relaxes delinquency norm for farm loans
  • RBI revises SSI rehabilitation norms
  • Minister moots cess to build corpus for AEZs development
  • Report on SSI sector to be ready by March-end
  • Haryana targets Rs 10,000-cr. exports
  • CLRI-NEDFi bid to promote leather sector
  • Sinha clarifies on peak customs duty cuts
  • Mumbai Varsity to organise 2-day trade seminar

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The Bunker Bulletinweb site
JANUARY 28, 2002
  • Crude prices rise on evidence that OPEC has actually cut supplies
  • Increased activity and bunker prices in the Arab Gulf, mixed avails
  • Korean market opens week firm after Singapore gains
  • Singapore leads the way higher after slow week
  • Mixed sentiment in crude market after week of gains
  • Lintec calls for commonsense sampling
  • Rotterdam morning market report
  • Bunker fuel contamination levels at which engine damage noticed

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International Transport Journalweb site
JANUARY 28, 2002
  • Safmarine serves Rotterdam
  • Port of Kiel on a wide-gauge track
  • U-Freight: a stake in China
  • Wilson Logistics: partner of Lego
  • Hong Kong invests in the rail sector
  • Tashkent-Istanbul freight trains
  • Afghanistan-Tajikistan road bridge
  • Transatlantic: capacity reduction plan
  • ÖBB and Frikus operate Kalsdorf
  • LTE rolls for building material dealer Holcim

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Marine Logweb site
JANUARY 28, 2002
  • Another waterways merger
    Privately held Ingram Industries is to acquire Midland enterprises
  • Singapore: Bunker record despite corruption and contamination questions
    Singapore announced record bunker sales the same week a bunker supplier was suspended from doing business after a bribery scandal

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World Wide Shipperweb site
JANUARY 28, 2002
  • IMO puts new seafarers standards on hold until July 31, 2002
  • Rail freight operations down, intermodal numbers up
  • British Airways/American Airlines say no to DOT alliance conditions
  • CP Ships' fourth quarter produces expected earnings
  • DOT gives tentative nod to airline antitrust immunity

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The East Africanweb site
JANUARY 29, 2002
  • Workers Want Chance to Run TRC

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Lloyd's Listweb site
JANUARY 29, 2002
  • Tankers dogged by over-inspection
    MULTIPLE inspections continue to bedevil the tanker industry, with independent tanker owners' association Intertanko estimating that, far from seeing a fall in number, many ships are being inspected up to 35 times a year.
  • New York listing powers $34.6m profits boom at Stelmar Shipping
    BUOYANT Greek tanker company Stelmar Shipping yesterday revealed that net income more than trebled to $34.58m from $11.23m in 2001 as the company reaped the benefit of its successful float earlier in the year on the New York stock exchange.
  • Market will judge class standards - DNV chief
    HELGE Midttun, the president and chairman of the executive board of Norwegian classification society Det Norske Veritas, has added his voice to the growing controversy over the standards of IACS members.

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Fairplayweb site
JANUARY 28, 2002
  • Time charter strategy lifts Stelmar
  • Eastern Fortitude clean-up goes on
  • Liner results signal poor 2002
  • Producers win Russian ports
  • Will Jenkins: an apology
  • Ceres Paragon request turned down
  • Crew saved as vessel goes down
  • Owners warn of Indonesian collapse
  • Canada acts against Asian moth
  • Bush to boost border protection
  • Short sea summit on February 15
  • Club launches charter cover
  • Academic blasts Finnish owners
  • Panama in agreement with Russia
  • Lanka revives Ceylon Shipping Corp
  • Bangladeshi line fills Bengal gap
  • Hamburg decides on Wilhelmshaven
  • Philippines puts seafarers on-line
  • Vessels damaged in Plate collision
  • ECT bids for quicker clearance
  • MidEast box terminals defy slump
  • Logs encumber Seine shipping
  • Yard workers signal strife ahead
  • CMR given further six months
  • Dubai Ports Auth assesses options
  • Canadian grain exports slipping
  • Arklow builds Dutch presence
  • HDW and Izar join forces

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The Journal of Commerceweb site
JANUARY 28, 2002
  • Singapore Airlines may rejoin Cargo 2000
    A lack of progress led the airline to withdraw from the group two years ago.
  • Brits spurn open skies talks
    London pulled out of talks with the U.S. after British Airways and American Airlines rejected Washington's terms for approving their proposed alliance.
  • Gershenhorn to lead UPS Canada
  • Malaysia Airlines to split domestic, int'l. units
  • Kuehne & Nagel wins Entegris contract
  • China Southern handles "flying" tigers
  • The Body Shop, Danzas North America broaden partnership
  • Tropical Shipping sees income slide
  • Malaysia port adds bigger cranes
  • Atlas Air reaches deal with pilots
  • Air Canada opens new Toronto cargo terminal
  • British Airways, American reject DOT terms for alliance

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TradeWindsweb site
JANUARY 28, 2002
  • Global Crossing files for bankruptcy
    The fiber optic network operator owns 15 cable ships and 3 installation barges.
  • Slower cargo traffic hits St. Lawrence Seaway
    Ailing North American steel industry and low water levels are responsible the traffic slowdown.
  • Marad issues $45m cruiseship loan guarantee
    This is despite American Classic Voyages' bankruptcy filing late last year.
  • Vancouver port using x-ray on containers
    The $2.5m gamma ray equipment inspects one container per minute.
  • Stelmar's term charter strategy pays off
    The Athens-based company's net income rose 186.2% in the last quarter of 2001.
  • Maritrans reviews shares buyback plan
    The US tank barge operator is to buy 26,908 less shares than previously announced.
  • Logjam breaks at IHC Caland
    Dutch FPSO owner and shipbuilder won fair share of spate of offshore contracts in 2001.
  • Enron collapse sparks new cover
    North of England Club offers insurance against charterers going bust.
  • Atle Brynestad's dream begins
    New cruise line sets sail as first vessel redelivered from Lloyd Werft.
  • SPaP in good shape for sell-off
    Slovakian state shipowner increased profits in 2001 as potential buyers examine its books.
  • Vopak to take big tax hit
    Dutch chemical tanker owner will post "substantially" lower profits for 2001 after write-offs.
  • Kate Blankenship soars at Osprey
    Top woman of Fredriksen shipping empire adds to her responsibilities.
  • Essar's condition stable
    Indian tanker and bulker player reaps reward of time charter foresight as it tries to ride out soft markets.
  • VLCC breaking pace hots up
    Three large tankers are expected to be sold for scrap this week while Fredriksen-controlled giant waits.
  • Crew safe as Princess Sara freed
    Pirates release Lebanese ship held off Somalia after owner pays undisclosed ransom.
  • HMM inks KRW 400bn in asset back securities
    Financially troubled South Korean shipping giant raises fresh funds on the back of its LNG business.
  • Japan holds over 500 ships in 2001
    Dramatic escalation in ship detentions as Japan gets tough on sub-standard shipping.
  • Cosco signs up with Port of Boston
    Deal will see weekly calls at northeast US port by ships from state-owned Chinese giant.


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