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04 June 2020 The on-line newspaper devoted to the world of transports 11:59 GMT+2

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Shipping Timesweb site
JANUARY 31, 2002
Shipping News
  • Proposal for e-highway in straits inches forward
    EFFORTS to create an innovative and ambitious US$30 million Marine Electronic Highway in the Malacca and Singapore straits moved incrementally ahead following a regional workshop held in Singapore last week.
  • P&O Princess plan for Royal Caribbean sent to UK regulator
  • K Line to set up operation centre in S'pore in April
  • MTL to invest more in China ports
Air and Land Transport
  • Japan firms to work with Boeing on Sonic Cruiser
    BOEING Co said it will partner Japanese companies to research and develop materials for building its planned high-speed Sonic Cruiser passenger jet.
  • Boeing wants win-win partnerships
  • Cargo a weak link in US airport security: pilots
  • BA, Lufthansa may see bigger US access with court ruling
  • LOG Book
  • Develop logistics services, China urges regional govts
    PRESSURE is growing on China's local governments to buck up their ideas on logistics, a sector still in its infancy except in a few select areas, generally along the coast.
  • Consolidator living up to its name
  • Airports a safer bet than airlines
    WITH cheap tickets tempting air travellers back to the skies after the Sept 11 slump, investors seeking a recovery play have seen airports as a safer investment than some airlines, analysts say.

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Sched Netweb site
JANUARY 31, 2002
  • Cosco gets foot in door at Boston with signing of TSA
  • FFG Hillebrand lifts BIFA award
  • New records for Singapore
  • Contship Italia orders 10 RTGs
  • Savi appoints Jaquemard executive vice president/GM
  • CSA to acquire assets from Southern Airlines
  • Dramatic drops in passengers for European airlines
  • Thai opens office in Chengdu

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Cargowebweb site
JANUARY 30, 2002
  • UPS growth in Europe
  • Cost cutting JAL and JAS
  • China Air 2001 pretax down 42 pct
  • Atlas: cargo-recovery beginning
  • Investor needed for MAS cargo
  • Bad quarter for CNF

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Exim Indiaweb site
JANUARY 31, 2002
  • Capt. R. Premchand retires from Relay Shipping today
  • 273 per cent spurt in tea exports to Pakistan
  • Bhusawal Container Terminal commissioned amid fanfare
  • Facilities available at BCT
  • Apeda urges rice exporters to adopt quality specifications
  • Global steel prices rise by 10 pc
  • CII lays out 15-point plan for ITeS sector before Minister
  • SBI's package deal for slowdown-hit industries - Credit at lower rates H Penalty waived
  • AP Cabinet clears string of sops for SEZ units
  • DEA hails VAT postponement
  • Centre clears Chittoor agri-export zone
  • Agro, food sectors' exports increase to Rs 10,770 cr.
  • Maran to head for Italy, Netherlands with business team
  • When the going gets gloomy, Upasi, Coffee Board hold aromatic festival
  • 'Business Advisory Cell' at Kandla Customs House mooted
  • Asian logistics convention in Kolkata
  • 'Advantage Nagpur' to be held on Feb. 26, 27 to lure investors

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The Bunker Bulletinweb site
JANUARY 30, 2002
  • Panama a little softer as avails improve slightly, more cargoes expected
  • EIA figures show bigger US oil inventory build than APIs
  • Former Iranian president calls for oil boycott of the United States
  • Russian government mulls setting up strategic oil reserve
  • Little change in Suez bunker market
  • Report from Southern African bunker markets
  • Avails mixed in Fujairah, Oman tight in largely steady market
  • Singapore bunker prices softer on crude, demand slows down
  • Rotterdam opens soft, firmer at midday
  • Saudi posted price changes
  • Saudi Shipping & Maritime Services Co. Ltd announces relocation

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International Transport Journalweb site
JANUARY 30, 2002
  • The SBB did well at the Gotthard
  • Freight stations close in Germany
  • ACTS negotiates with EWS
  • Bertschi AG keeps investing
  • BILK purely Hungarian
  • LH Cargo redefines fuel surcharge
  • TDG: new facility in France
  • Calberson takes over Valenda fully
  • ATS-Hellmann Worldwide Logistics AG
  • Cargocare AG: ISO norm 9001:2000
  • Inland shipping freight market, week 04, 21st/25th January, 2002

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World Wide Shipperweb site
JANUARY 30, 2002
  • Cascade Pole site contaminants removed from Olympia's Budd Inlet
  • Boeing gives university $300,000 to advance Washington technology sector
  • Crowley Liner performs circus moving act
  • Greenbrier scaling back some operations in Europe
  • Port of Seattle making seismic improvements at Sea-Tac

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Lloyd's Listweb site
JANUARY 31, 2002
  • Izar yard discounts profitability before 2005
    Spanish state-owned shipbuilder Izar has celebrated the launch of the gas carrier Inigo Tapias in Bilbao but warned that it will not reach profitability until 2005.
  • Carnival 'sweetens' the mix for P&O Princess
    Carnival restructured its offer for P&O Princess yesterday in a move which improved the deliverability of the bid without materially improving the value.
  • Bureau Veritas boss slams DNV for 'mean' mentality
    BUREAU Veritas has hit back at Det Norske Veritas, criticising the Norwegian classification society for its "mean" beancounter mentality in judging success in commercial rather than safety terms.
  • MSC takes option on Hansa quartet
    MEDITERRANEAN Shipping Co has exercised an option to acquire four 3,400 teu container vessels from German ship financing group Hansa Treuhand.

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Fairplayweb site
JANUARY 30, 2002
  • Carnival increases P&O Princess bid
  • Mexico discusses major changes
  • Argentina: the ticking time bomb
  • US Coast Guard 'obliges' IMO
  • Korean yard labour expands rapidly
  • Afghan rail plan to benefit Karachi
  • Anne pleads for class unity
  • Ottawa reassures Canadian builders
  • Wilhelmshaven under discussion
  • Singapore consolidation still open
  • Tanker orders reveal Moscow backing
  • Italian port workers strike
  • India signs steel deal for Haldia
  • Mersey Docks buys into shiprepairer
  • LASH disposal ends US flag era
  • DNV approves Topaz repairs
  • Essex trader files multiple suits
  • Wärtsilä buys John Crane-Lips
  • Royal Olympic gets flag warning

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The Journal of Commerceweb site
JANUARY 30, 2002
  • Pilots: Cargo also a security risk
    An airline pilots union warned that air cargo is the weak link in U.S. aviation security plans.
  • Maersk Pacific expands Tacoma terminal
  • Port of Houston will appeal pipeline-moving decision
  • Halifax traffic flat in '01
  • The Coast Guard names Fragos-Townsend intelligence chief
  • Exec: IMO key to fighting terror
  • Conference cuts war risk charge
  • US Freightways earnings off
  • UPS, Teamsters to open talks tomorrow
  • Hong Kong, Guangdong press wide logistics initiative
  • Loss of $217M for CNF

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Antwerpse Lloyd n.v.web site
JANUARY 31, 2002
  • Iveco veut porter sa part de marché dans le poids lourd de 11 à 14% d’ici 2004
    Le constructeur italien de véhicules industriels Iveco a lancé mercredi à Turin son nouveau poids lourd haut-de gamme Stralis, qui remplace l’EuroStar. Ses ambitions sont grandes, car ce nouveau véhicule devrait lui permettre d’atteindre une part de marché en Europe de 14% d’ici 2004, contre 11% en 2001. “Et ce avec une meilleure répartition sur les divers marchés nationaux qu’aujour’dhui”, a déclaré Michele Pizzinga, le président de la division “Heavy Vehicles” d’Iveco. Il a par ailleurs déclaré prévoir une baisse du marché du poids lourd (+16 t) de 10 à 15% cette année, et de 5 à 10% en 2003.
  • Dernière ligne droite avant la fusion DAT/Virgin?
    Les groupes de travail DAT devant étudier une possible fusion avec Virgin Express se sont prononcés positivement à l’égard de cette option. Toute personne connaissant un peu le secteur aérien dans notre pays s’accorde à dire que ce mariage de raison uni des partenaires d’horizons très différents. Entre-temps, le nom des investisseurs de DAT sont également connus.Aux toutes dernières nouvelles, la décision définitive ne tomberait qu’à la fin février.
  • Liner Est-Ouest: la restauration des taux devrait s’amorcer cette année
    L’année 2002 sera vraisemblablement celle de l’amorce d’une restauration des taux dans les trafics de ligne containérisés Est-Ouest et de certains trafics périphériques, ceci pour autant que les armements ne fassent à nouveau montre de tendances suicidaires. Des acteurs disparaissent progressivement du secteur Est-Ouest. Après Cho-Yang, c’est maintenant NSCSA qui arrête les frais pour se consacrer à des activités maritimes plus rentables. Tout récemment à Londres, un des responsables de CP Ships devait déclarer qu’au cours des 12 prochains mois des opportunités d’investissements vont se présenter, dont le groupe devrait tirer profit. En d’autres termes des acquisitions vont se présenter.
  • Netelenbos suspend unilatéralement la réactivation du Rhin d’Acier
    Selon la presse néerlandaise, la ministre des Transports Tineke Netelenbos aurait décidé dès novembre dernier de suspendre les préparatifs pour la réactivation du Rhin d’Acier, et cela sans en avertir le gouvernement flamand. Eddy Bruyninckx, le directeur général de l’Entreprise portuaire d’Anvers, se refuse pour l’instant à tout commentaire et dit attendre de voir comment réagira Bruxelles, nous a déclaré la porte-parole Ann Wittemans.

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TradeWindsweb site
JANUARY 30, 2002
  • RCCL unfazed by Carnival's revised offer
    Fain said Carnival rearranged the small print but failed to adjust the big picture.
  • Robust ship sales lift Northrop earnings
    The ship sector's net sales in 2001 swelled to almost $2bn.
  • HK port anticipates cargo traffic growth
    Cargo traffic at the world's busiest container port slowed in 2001 for the first time since 1998.
  • Carnival increases bid for POC
    The hostile takeover bid is raised by 15 UK pence per share to 515 pence.
  • Stelmar negotiating time charter deals
    The tanker company hopes to maintain a 80% time charter booking for its fleet.
  • Greenpeace could up ship hit-list
    Environmentalist group poised to review feedback from the first few weeks of its shipbreaking campaign.
  • Norden buys back two ships
    Owner takes back tonnage as Danish KS finance company bails out of shipping.
  • Tidewater posts higher net earnings
    The New Orleans-based company's net earnings in October-December jumped 55% to $34m.
  • Teekay signs with SeaSupplier
    Stolt-Nielsen's web-based procurement venture welcomes big name aboard.
  • Greenpeace-targeted VLCC sold for scrap
    A Hadjipateras-controlled ULCC is put up for scrap sale, as other deals are confirmed.
  • Stolt Offshore halves losses
    Offshore shipping company back in red in fourth quarter, but deficit reduced in 2001 as a whole.
  • DFDS eyes acquisitions
    Danish shipowner puts cash aside to spend growing its business as it expands shipping activities.
  • Time charters boost Great Eastern
    Indian owner improves earnings by limiting exposure to weaker tanker and bulker markets.
  • Novoship returns stake to state
    Russian tanker owner is handing back 20% of company to government, as oil firm becomes new shareholder.
  • Cosco Investment ditches subsidiaries
    Singapore arm of Chinese giant sheds non-core operations to focus on shipping.
  • Taiwan Navigation logs huge profit leap
    Bulker charter deals pay out big bucks for stocklisted Taiwanese owner.
  • Samsung in yard and ship sales shake up
    Shipbuilder is switching responsibility for LNG to its tanker sales team as yard gets new boss.
  • Tanker demo sales worth $420m in 2001
    EA Gibson analyses last year's demo market, but argues many owners lost out on the best prices.
  • Sumitomo to spin off shipbuilding arm
    Japanese company confirms decision to separate shipbuilding arm and announces job cuts of 10%.
  • CSIC aims for 1.4m dwt haul in 2002
    Shipbuilding group that controls northern Chinese yards also plans sizeable increase in revenue.

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