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Shipping News

Cruise industry recovering from shock of terror attacks
IN a sign that the travel industry may be slowly getting back on its feet, UK cruise operator P&O Princess Cruises said it expects fourth quarter occupancy rates to hit 95 per cent as bookings rebound after hitting the skids following the Sept 11 terrorist attacks.
Lines to up rates for wastepaper, hay, scrap metal
Top port research experts meeting here next week

Air and Land Transport

Asean nations to revamp air routes with falling loads
SOUTH-east Asian countries are expected to rationalise airline routes because of the drop in the number of people flying since the Sept 11 attacks in the United States, a Malaysian minister said yesterday.
Bush to push Bill on airport safety
JAL may cut more capacity as overseas bookings fall 40%
Major US carriers match American Air's discounts
AMR posts US$414m Q3 loss
Amsterdam airport introduces iris scan for frequent flyers

web site

Shipping News

Cruise industry recovering from shock of terror attacks
IN a sign that the travel industry may be slowly getting back on its feet, UK cruise operator P&O Princess Cruises said it expects fourth quarter occupancy rates to hit 95 per cent as bookings rebound after hitting the skids following the Sept 11 terrorist attacks.
Lines to up rates for wastepaper, hay, scrap metal
Top port research experts meeting here next week

Air and Land Transport

Asean nations to revamp air routes with falling loads
SOUTH-east Asian countries are expected to rationalise airline routes because of the drop in the number of people flying since the Sept 11 attacks in the United States, a Malaysian minister said yesterday.
Bush to push Bill on airport safety
JAL may cut more capacity as overseas bookings fall 40%
Major US carriers match American Air's discounts
AMR posts US$414m Q3 loss
Amsterdam airport introduces iris scan for frequent flyers

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Naval complex transferred IPBCC warns of surcharges Longtan to host China's largest container transfer station British Airways to consolidate New Swiss national airline deal goes through Wuhan Airlines lures investor EVA claims industry's first PC-based air cargo system

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OCTOBER 25, 2001
Procter & Gamble customer of GT Nexus Vopak and Stolt-Nielsen combine coastal fleets AMR reports record loss Bankruptcy fear Sabena Amsterdam Airport real estate fund

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OCTOBER 25, 2001
Short term congestion in US Gulf as buyers nominate weekend bunkers Antwerp products tight, Rotterdam steady Italy and Malta market review, prices softer Deliveries back to normal in Gibraltar Singapore bunkers only slightly higher on crude with weak regional fundamentals Poland and Lithuania market report today Uncertainty over OPEC production cut Piraeus avails mixed, demand sluggish in Istanbul Moderate rebound in Korean bunker market after soft week Market softer in Japan Bunker prices from Irish ports

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Brennan improves transit times on direct service to Marseilles Procter & Gamble selects GT Nexus for advanced global logistics platform EBRD to help fund Putin's transport corridors Trucking Moscow - Vladivostok New infrastructure for BSR Latvian shipping company takes over first of three new tankers AEPS to begin website TV broadcasts to members First vessel call of the cruise season at Cristobal Cruise Terminal - Pier 6 Syntegra's new mobile data application improves air cargo performance and security Fire in the Gotthard Tunnel

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OCTOBER 25, 2001
Northrop Grumman suspends work on cruise ships Effective immediately,Northrop Grumman Corporation has suspended all work on the two 1,900-passenger Project America cruise ships at its Ingalls operation in Pascagoula, Miss.

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OCTOBER 25, 2001
DOD goes with Northrop Gruman in Newport News Shipbuilding sale Bill Thorndike nominated for seat on Portland port board Alianca adds new service with focus on breakbulk cargo International Trade Commission releases decisions on steel dumping Canadian Pacific Railway floats $750 million debt offering

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«Più spazio alle autostrade del mare» Gli imprenditori si candidano a fare i consulenti tecnici del Governo e rilanciano sulla formazione con il sindacato

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US cruiseship revival plans extinguished WORK on the first cruiseships to be built in the US for more than 40 years has been suspended, threatening the jobs of 1,250 workers at the Ingalls yard in Mississippi and a further 500 subcontract... Stolt-Nielsen joins forces with ChemPool The three partners are launching a pool that will comprise 35 modern double-hull chemical tankers with total capacity of around 150,000 dwt. In effect, Stolt-Nielsen is joining the Vopak Es... Ports directive wins users' backing A POWERFUL coalition of port users is writing to members of the European Parliament urging them to support the European ports directive in its present form and not succumb to pressure from the port...

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OCTOBER 25, 2001
Project America suspended ESC disappointed by FEFC surcharge Chiquita slips towards Chapter 11 SNCM welcomes by ferry decision Kværner faces crisis weekend ACL expects to match 2000 result Kværner sells another business Dockers to join WTO protest Training ship in troubled waters Cruise lines scrub Gulf schedule Vessel boarded in timber protest Izar, Babcock in shipbuilding talks IMO urged to act on Tampa Norma cargo transfer today Crewing manager called to account CMB cut by Capesize collapse Coastal tanker pool expands Almskog to quit Kværner China to lift shipbuilding share Colombo raises gantry stakes

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OCTOBER 25, 2001
WTO sees trade slump The World Trade Organization warned that growth in global trade in goods will slow to only 2% this year from 12% in 2000, and could weaken further. ACL profits up The ro-ro specialist turned in third-quarter net of $6 million, up from $4 million in 2000. Ports ask carriers, terminals to help clean air Port authorities want vessel and terminal operators to get a jump on stricter emission rules set to take effect by mid-decade. NVOCC cuts Marseilles transit times NTE names Murphy VP Lufthansa grounds more planes Syntegra rolls out new air cargo application Alps trucking snarled after Swiss tunnel disaster UN: Liberia registry paid for arms China, Korea open shortest sea route

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Approfondissement de l’Escaut: la Flandre demande des précisions Curieuses déclarations que celles qu’a faites le ministre néerlandais de l’Environnement et de l’Aménagement du territoire Jan Pronk alors qu’il était de passage à Flessingue, à savoir: “Les Pays-Bas ne sont plus partisans de l’approfondissement de l’Escaut pour le port d’Anvers... Flessingue doit être aménagé en grand terminal à containers international de sorte que l’approfondissement n’est plus nécessaire”. Fednav (Belgium) s.a. sous la présidence de J. van Steenberghe Après une carrière de 36 ans et 5 mois consacrée au groupe Fednav, Albert W. Thies, directeur général de la filiale Fednav (Belgium) s.a. prend une retraite bien méritée, mais gardera néanmoins des contacts avec l’entreprise en tant que directeur et membre du conseil. A. Thies est bien connu des milieux internationaux du shipping et des chargeurs et surtout, il a toujours été fort apprécié pour ses qualités professionnelles et sa droiture. Fednav continuera donc de bénéficier de son expérience et de ses connaissances et c’est une bonne chose. L’accident du Gothard augmente la pression sur le tunnel du Mont-Blanc L’accident dramatique du tunnel du Saint-Gothard a fait 10 morts, et 80 personnes sont encore portées disparues. Jeudi matin, un accident a entraîné la fermeture pendant au moins plusieurs heures d’un autre tunnel alpin, celui du Saint-Bernard, dans le sens sud/nord. De manière générale, les opposants à la réouverture du tunnel du Mont-Blanc sont plus déterminés que jamais... Seagha envisage le rôle de plate-forme centrale pour le “tracking & tracing” Seagha a parcouru un fameux chemin au cours de ces 15 dernières années, quand on pense à tout ce qui est aujourd’hui possible et que ses partisans les plus fervents, même les plus fantaisistes, n’imaginaient pas. Rien que par le fait par exemple qu’internet était inexistant à l’époque... Nous avons laissé la parole à Ernie Scheerlinck, general manager de Seagha depuis deux ans, pour commenter ces aventures.

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OCTOBER 25, 2001
Petrobras workers stage walkout Disgruntled employees demand pay hike and safer working conditions. Northrop issues consistent earning guidance Guidance does not include any potential impact from the possible termination of Project America. HAL to arrest Patriot A foreclosure lawsuit has been filed against AMCV in Honolulu court. Carnival secures $500m funding The cruise operator completed the private placement of its 20-year convertible notes. Lazard recommends buying Stolt shares The stock market is expected to react favourable to SNSA joining Chempool. Project America derailed Marad will not continue guaranteed funding for construction of the new AMCV cruise ships. CSX prices bond offering The initial conversion price is a 37.5% premium over the company stock closing price on Wednesday. Seabulk continues strong performance Strong offshore service and tanker businesses are behind the second consecutive quarterly profit. Solvang slips into the red Norwegian gas tanker owner predicts weaker second half as work for vessels slows. Kvaerner issues further cash warning It could be do or die this weekend for group facing "serious" cash shortage, despite sale of unit. ACL stays on a roll Ro-ro player expects to hold results on an even keel but sees rates under downward pressure. NYK launches new dry bulk web venture Japanese owner teams with software house to provide internet information platform. FKAB forms Chinese ship design joint venture Swedish consultancy hopes to boost Chinese newbuilding market share by teaming up with domestic players. Al-Qaeda suspect found in container Italian police question terrorist suspect who hid on Hansa Mare boxship between Egypt and Italy. Oshima bags orders for bigger bulker Japanese bulker newbuilding specialist has clinched orders for its new larger panamax design from K Line. HAL focusing on Mexico Holland America Line expands Mexican schedule to maximise earnings during tough time for cruise industry. Riga profits rise Latvian shipbuilder and repairer turns in healthy returns for last nine months. Interim profits hold up at Todd Shipyards US west coast building and repair yard maintained roughly the same six month profits as it did last year. Genmar fails to benefit from bigger fleet Third quarter profits at tanker firm virtually unchanged from 2000 despite an increase in its fleet size.