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17 September 2021 The on-line newspaper devoted to the world of transports 23:47 GMT+2

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Shipping Timesweb site
MARCH 19, 2002
Shipping News
  • 'Capacity cuts best hope of recovery for industry'
    INDUSTRY driven capacity cuts are the key to a liner shipping freight rate recovery, according to OOCL chairman and chief executive C C Tung.
  • ICTSI unit still in talks with unions
  • Jurong Port's logistics hub wins new tenants
Air and Land Transport
  • Andersen providing list of Ansett assets to bidders
    ANSETT Holdings Ltd's administrator, Andersen, was scheduled to give potential bidders for the failed carrier's assets a document listing all items for sale, an Andersen spokesman said.
  • HK airport expects record Good Friday
  • China Eastern to buy 40% of Wuhan Airlines for 300m yuan
  • Lufthansa sees demand picking up
  • Incheon airport handled 1.6m passengers in Feb
  • Log Book

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Sched Netweb site
MARCH 19, 2002
  • HK/Guangdong conference agree to co-locate customs
  • MSC begins Jacksonville service
  • Gindl appointed manager of Rickmers Linie agency
  • Mainline operators to launch Far East-South Africa service
  • P&ON revises Europe-South America service
  • LAX-China flight back for China Southern Airlines
  • BAA traffic shows slight growth in February
  • European charter traffic was up by 1.1 per cent
  • Japanese regulators concerned over JAL-JAS merger
  • South African Airways terminates Nigeria venture

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Cargowebweb site
MARCH 18, 2002
  • Airbus-mother turns to profit in 2001
  • BA to restore flights as demand resumes
  • Hyundai names FedEx exclusive carrier in US
  • ECT to restructure again
  • TNT to sell Mistral Air to Italian Post

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Exim Indiaweb site
MARCH 19, 2002
  • Another large post-Panamax container vessel Charlotte Maersk for A.P. Møller
  • Textainer honours NPIL with Best Regional Depot of Year award
  • India hauls EU to WTO over new tariff bias
  • Dumping probe begun into EU chemical imports
  • MMB signs pacts to develop Rewas, Dighi ports
  • Shipping Ministry's move to convert TAMP into appellate tribunal
  • Bid to bring TAMP to port city
  • TAMP clears 10 pc average tariff hike in Chennai Port box terminal
  • JN Port crosses 1.5-million TEU mark in current fiscal - Maintains stellar performance throughout
  • Panalpina may make Ahmedabad its base
  • Forex reserves up by $ 299 million to $ 50,744 million
  • Textile Ministry makes out case for keeping silk Customs duty high
  • RBI eases farm loans repayment norms
  • Textile quota deadline extended
  • Forex reserves swell by $ 692 m
  • Maran hints at simpler Exim Policy to trim transaction costs
  • Credit line route to boost grain exports under study
  • Sanjay Gupta, IAS, joins Adani Exports
  • Programme at WTC on 'Effective business presentation skills'

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The Bunker Bulletinweb site
MARCH 18, 2002
  • Rotterdam opens soft, then firms with crude towards the evening
  • O. W. Bunkers announces bunker supply out of Batumi, Georgia
  • Quiet week start and softer prices in Fujairah
  • Russian oil export cuts to continue in Q2
  • Korean market softer, mixed demand reports
  • Brazil opens week with distillate price increase
  • Singapore opens week with sharp drop in fuel oil prices
  • Morning report from Marine Bunkering

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International Transport Journalweb site
MARCH 18, 2002
  • Cosco, «K» Line and Yang Ming merge services
  • Uniglory and Wan Hai launch joint service
  • Eurosal upgrades service
  • Aden: 50% growth
  • Boom in Fujairah
  • Deutsche Post: profit up in express sector
  • New joint time-definite service
  • DHL in Kabul
  • Scandlines improves services
  • Hard times for P&O Nedlloyd

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World Wide Shipperweb site
MARCH 18, 2002
  • Port of Port Angeles issues new general obligation bonds
  • MarAd director heading to China to discuss new maritime regulations
  • Pacific Northwest Waterways director speaker at Columbia River Propeller Club meeting
  • Seattle-based Coast Guard cutter makes contribution in war on drugs
  • Northrop Grumman wins share of $150 million Navy carrier contract

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The East Africanweb site
MARCH 19, 2002
  • Tanzania Suspends Two Passenger Ships
  • Mv Zahara: 'No Specific Evidence' Against Owners

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Lloyd's Listweb site
MARCH 19, 2002
  • Italian police bring immigrant freighter under control
    Italian police patrol boats escort a rusty freighter carrying 1,000 Kurdish would-be immigrants off the Sicilian coast towards the port of Catania, Sicily, after police calmed those on board who had threatened to throw children overboard if they could not continue the voyage. The Italian Navy had earlier intercepted the merchant vessel Monica in the eastern Mediterranean. She was believed to have sailed from the Lebanon.
  • Hard times force law firm link talks
    TWO prominent law firms with sizeable shipping portfolios confirmed yesterday they were in merger talks, as cost-driven consolidation throughout the industry spreads to the legal sector.
  • NYK Line hedges bets in liner portal race
    NYK Line will join all three common-user liner shipping portals, becoming the first carrier to break the exclusive memberships of the competing e-commerce platforms.
  • UK regulators to examine battle for P&O Princess
    The three-way battle for control of UK cruise company P&O Princess is coming under increasingly close scrutiny from regulators.
  • London Chamber saved from 'cabal'
    A GRASSROOTS revolt has dashed an attempt to roll two top London business organisations into one.

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Fairplayweb site
MARCH 18, 2002
  • Cruise merger questions posed
  • Seizure fuels new US drug fears
  • Tanker, bulker collide in Pan Canal
  • Durban issues new berth contract
  • Trasmed sale conditions posted
  • Yard workers take strike action
  • KR seeks fewer detentions
  • P&O Ports raises Chennai rates
  • Szczecin prolongs production halt
  • HHI take-over rumour sweeps Korea
  • Cyprus SAR makes first response
  • Thai port chief under threat
  • Vessel detained for illegal cargo
  • Bahamas opens largest drydock
  • Officers charged for dumping oil
  • Hauliers' strike hits Indian ports
  • Greek ferry operators fined
  • Gib fury over hub port 'bribe'

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The Journal of Commerceweb site
MARCH 18, 2002
  • Port security bill filed in House
    After weeks of subcommittee hearings, the House Transportation Committee appears ready to offer up its version of a port and maritime security bill.
  • Uncertainty as OOCL profits shrink
    Earnings plummeted despite a double-digit jump in liftings, and CEO Tung (left) doubted an early recovery for shipping.
  • Training focus of forwarders chief
    Brandon Fried has three priorities: training, airline relations and bolstering his group's presence on Capitol Hill.
  • Stonepath opens East Coast offices
  • NYK joins all three carrier Web portals
  • Wan Hai selects Strachan as U.S. agent
  • Former Maron chairman Meiser dies at 85
  • Qingdao moves to speed customs
  • American Commercial Lines agrees to takeover
  • NYSE delisting A.C.L.N.
  • British Airways restores cargo capacity
  • Indian terminal hikes handling charges
  • Marad's Schubert to visit China
  • NOL launches tanker unit
  • Blust FMC nomination is official

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Antwerpse Lloyd n.v.web site
MARCH 19, 2002
  • CMA CGM échange des slots avec Evergreen
    L’armement français CMA CGM pratique avec succès la stratégie des partenariats, ce qui lui assure une excellente desserte géographique, en ce sens qu’il dessert tous les marchés avec un nombre limité de navires et ce à des fréquences hebdomadaires. C’est dans cette optique que s’inscrit le récent accord passé avec l’armement Evergreen Marine.
  • “L’adaptation du port package reste cruciale”
    La libéralisation des services portuaires souhaitée par la Commission européenne continue à semer le trouble dans les milieux portuaires européens. Les ports, regroupés dans l’ESPO, et les usagers portuaires du secteur privé, réunis dans Feport, réagissent ensemble au deuxième projet pour cette directive (connu comme le ‘port package’). Outre plusieurs adaptations, deux soucis fondamentaux continuent à retenir leur attention: la définition trop étroite de la concurrence pertinente pour le secteur de la manutention et le fait que la directive semble uniquement concerner les ports appliquant le ‘modèle landlord’ (attribuer des terrains à des opérateurs privés).
  • Hino et Scania négocient une coopération
    Le constructeur japonais de camions et de bus Hino a confirmé hier lundi être en négociations avec son confrère suédois Scania sur une éventuelle alliance. Dans l’état actuel des choses, les deux groupes s’échangeraient des véhicules et des moteurs, mais il n’est pas encore? - question d’une participation financière. Un porte-parole de Hino a précisé à l’agence Reuters que les détails sur ces discussions seront révélés très prochainement, mais il a refusé d’élaborer. Le constructeur japonais réagissait à des informations parues ce week-end dans l’Asahi Shinbun.
  • UE: la directive portuaire adoptée avant la fin 2002?
    A l’issue de leur rencontre au sommet à Barcelone, les chefs d’Etat et de gouvernement européens ont lancé un appel aux ministres européens du Transport, leur demandant d’approuver les propositions formulées par la Commission européenne en matière des services portuaires avant fin décembre. Le Premier ministre belge Guy Verhofstadt a en vain tenté de faire rayer cette date du texte de la déclaration finale. Si la directive européenne est approuvée, le chargement et déchargement des navires devra par exemple être libéralisé, et cela vaut également pour les services de pilotage et de remorquage. Selon certaines sources, la nouvelle législation entrainerait la suppression de la loi Major et les ouvriers portuaires anversois prépareraient déjà des actions. L’ouverture de ce marché à la concurrence ne signifie pourtant pas automatiquement la disparition de cette législation.

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TradeWindsweb site
MARCH 18, 2002
  • ChevronTexaco re-evaluating charter portfolio
    The US oil major may opt to secure more mid-term and long-term charter deals.
  • More demand for tanker swaps
    Volume in terms of tonnage will grow in 2002, but total value will be lower.
  • ACLN listing suspended
    Non-disclosure of arrest warrant for company chief factor behind SEC move.
  • Shipping lawyers get together
    London maritime law scene set for major change as four firms mull mergers.
  • Millenium fleet marketed
    High prices quoted for eighteen-vessel dry cargo fleet following the collapse of US owner.
  • Korea Line halves its losses
    Bulker and LNG carrier owner increased revenues and improved bottom line in 2001.
  • Second half recovery not enough for Hanjin
    Performance improved at Korean container line in latter half of 2001, but owner still made loss.
  • Halter Marine closing in on tug deal
    Newbuilding contracts will help rescue Friede Goldman Halter from bankruptcy.
  • Danielson to buy American Commercial Lines
    The buyer will issue a $42m rights offering to help restructure ACL's debts.
  • NYK makes it 15 for INTTRA
    First Asian container line joins cargo-tracking portal.
  • Regulator reveals cruise probe inquiry line
    Interested parties should contact UK Competition Commission to help with inquiry into Royal Caribbean merger.
  • K Line looks forward to $100m saving
    Cooperation with Yang Ming on transpacific and European services will start paying off from the end of March.
  • ExxonMobil renews hunt for VLCCs
    Oil major taps into ailing market as it trawls for large tanker coverage.
  • DNV wage ruling expected
    Norwegian court set to decide pay row at top class society.
  • Wilh Wilhelmsen exits tankers
    Owner pockets $25m "loose change" to put towards HMM deal.
  • Tanker king to foot big loss
    Rich uncle John Fredriksen takes control of favourite team and picks up $2.4m bill.
  • Daewoo eyes up ship finance business
    Korean yard looks to new business ventures as takeover rumours Monday force up share price.
  • HHI confirms capesize quintet
    Construction of Golden Union and Safman capes will be split between Ulsan and Samho yards.
  • Japanese export orders set new low
    February saw the lowest level of newbuilding contracts since the Asian financial crisis.
  • Fred Cheng makes VLCC comeback
    A familiar face has made a reappearance in the large tanker ownership arena.

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