Tanjung Pelepas port builds up feeder network [SINGAPORE] The new Malaysian Port of Tanjung Pelepas (PTP) confirmed another common feeder operator has begun service at the port while two more have signed on with services to begin shortly.
Asian experts push for piracy to be redefined
Mitsubishi's interim losses fall to 23.5b yen
ICTSI posts 86% drop in 9-month income
Air and Land Transport
Qantas set to switch to Airbus for US$4.2b fleet upgrading [SYDNEY] The Qantas board met in Sydney yesterday to discuss a US$4.2 billion (S$7.35 billion) fleet upgrade amid speculation it was close to ending a 40-year link to Boeing in favour of Europe's Airbus Industrie.
Korean Air improves Q3 with 13b won profit
Thai Airways chairman Mahidol retires
Southwest may bid for assets being shed by UAL-US Airways
Firestone considers ending tyre airlift
Features
New port city on the cards AUTHORITIES at China's largest seaport, frustrated by shallow approaches and constant silting, are looking to create a huge new port city called Yangshan 30 km offshore with 50 container berths.
Tanjung Pelepas port builds up feeder network [SINGAPORE] The new Malaysian Port of Tanjung Pelepas (PTP) confirmed another common feeder operator has begun service at the port while two more have signed on with services to begin shortly.
Asian experts push for piracy to be redefined
Mitsubishi's interim losses fall to 23.5b yen
ICTSI posts 86% drop in 9-month income
Air and Land Transport
Qantas set to switch to Airbus for US$4.2b fleet upgrading [SYDNEY] The Qantas board met in Sydney yesterday to discuss a US$4.2 billion (S$7.35 billion) fleet upgrade amid speculation it was close to ending a 40-year link to Boeing in favour of Europe's Airbus Industrie.
Korean Air improves Q3 with 13b won profit
Thai Airways chairman Mahidol retires
Southwest may bid for assets being shed by UAL-US Airways
Firestone considers ending tyre airlift
Features
New port city on the cards AUTHORITIES at China's largest seaport, frustrated by shallow approaches and constant silting, are looking to create a huge new port city called Yangshan 30 km offshore with 50 container berths.
Tanjung Pelepas port builds up feeder network [SINGAPORE] The new Malaysian Port of Tanjung Pelepas (PTP) confirmed another common feeder operator has begun service at the port while two more have signed on with services to begin shortly.
Asian experts push for piracy to be redefined
Mitsubishi's interim losses fall to 23.5b yen
ICTSI posts 86% drop in 9-month income
Air and Land Transport
Qantas set to switch to Airbus for US$4.2b fleet upgrading [SYDNEY] The Qantas board met in Sydney yesterday to discuss a US$4.2 billion (S$7.35 billion) fleet upgrade amid speculation it was close to ending a 40-year link to Boeing in favour of Europe's Airbus Industrie.
Korean Air improves Q3 with 13b won profit
Thai Airways chairman Mahidol retires
Southwest may bid for assets being shed by UAL-US Airways
Firestone considers ending tyre airlift
Features
New port city on the cards AUTHORITIES at China's largest seaport, frustrated by shallow approaches and constant silting, are looking to create a huge new port city called Yangshan 30 km offshore with 50 container berths.
Rotterdam gives P&O Nedlloyd boost vs. Maersk Sealand P&O Nedlloyd is teaming up with ECT, Rotterdam's leading container handler, to build a terminal with an eventual annual capacity of 2.4 million TEUs, leveling the playing field with rival Maersk Sealand.
BNSF, CN in carload deal After their failed merger, the carriers reach agreement to market and price new carload business on each other's lines.
Cruising the transatlantic trade lanes Will U.S. and European Union business leaders go beyond the 'three B's" in Cincinnati?
EGL, LanChile form alliance
British Airways opens Heathrow terminal for loose cargo
Truckers strike? Port of Montreal ahead of pace
Ryder, From2 in e-partnership
Lufthansas profit surges on cargo, passenger gains
Airbus gets $880 million superjumbo loan
EasyJet shares surge in IPO
Hampton Roads maritime group slates conference
Atlas Air to operate largest fleet of Boeing 747-400
Transcomp 2000: Railroads are not attuned to intermodal 'service'
Klimmt tries to brazen out embezzlement fine furore GERMAN chancellor Gerhard Schr'der is under pressure to sack his transport minister Reinhard Klimmt, who is under threat of a fine for embezzlement, writes Katrin Berkenkopf, Cologne.
Scandal sinks MCA law team BRITAIN'S Maritime and Coastguard Agency has been forced to scrap its in-house legal team after three top staff were caught secretly touting for private business while employed as civil servants.
Wilhelmsen in share valuation WILH Wilhelmsen, Norway's blue chip shipping group, unveiled its opinion about the underlying value of its share for the first time yesterday, estimating it at more than three times the prevailing Oslo bourse price of NKr80 ($8.63).
O'Kane takes Wellington helm CHRIS O'Kane has been appointed to head one of the largest syndicates at Lloyd's, Wellington Underwriting Agencies 2020, as renewal rates show a marked upturn, writes James Brewer.
ThyssenKrupp yards sale off IN A major change in group strategy, German engineering group ThyssenKrupp has decided not to sell its Blohm+Voss and Thyssen Nordseewerke shipyards.
Flying colours: Flying colours: a welcome for the 33,022 dwt dry bulk carrier Meridian Navigator, on her joining the UK register. The 1984-built ship was delivered at Dalian, China, to new owner Auckland Shipping, a London-based company. Attracted by the UK's new tonnage tax, owners plan to bring other vessels under the Red Ensign. She is the first UK-flag ship to be managed from the London office of Wallem, which is expecting further secondhand tonnage and three newbuildings for the British flag. The Meridian Navigator was formerly known as Nego Wes and operated under Hong Kong flag, with NKK class. She has changed class to Det Norske Veritas. Left to right: Maurice Walker of Wallem, with Christopher Boreham, surveyor for the UK's Marine and Coastguard Agency, and Ma Shui Feng, surveyor on behalf of DNV.
Korea accuses Japan and EU over demand SOUTH Korean shipbuilders think that Japan and EU shipbuilders have consistently underestimated newbuilding demand, possibly intentionally.
MSC Regina, one of the largest ships in Mediterranean Shipping Company's box fleet MSC Regina, one of the largest ships in Mediterranean Shipping Company's box fleet, is pictured in Le Havre yesterday. She is one of a series of five built by Hanjin Heavy Industries in Ulsan for MSC. The vessel, which has a capacity of 4,056 teu and is deployed in the Europe-Asia services, is 244 m long, 32.20 m wide and has a draught of 13 m.
Maasvlakte: le terminal EuroMax concurrencera ECT Le principe en avait été accepté il y a quelques mois déjà. La concrétisation est intervenue mardi dernier avec la signature officielle de l’accord entre ECT et P&ONL pour la réalisation à la Maasvlakte du terminal EuroMax, qui sera exploité dans le cadre d’une joint-venture à 50/50. L’installation, dont nous donnons les caractéristiques ci-dessous aura une capacité annuelle ultime de 1,7 mio. de TEU. Il s’agira précisons-le, d’un terminal public.
Le collège de Rotterdam veut un crédit pour un nouveau terminal Le Collège des bourgmestre et échevins de Rotterdam proposera au conseil municipal d’attribuer un crédit de 654,4 mio. de NLG à l’Entreprise portuaire communale de Rotterdam (GHR). Ce montant sera destiné à l’aménagement de l’infrastructure de base (342,7 mio. de NLG) et l’infrastructure plus (311,7 mio. de NLG) sur le Noordwesthoek de la Maasvlakte-1 où P&O Nedlloyd et ECT veulent construire un nouveau terminal à containers.
Transport: une coopération euro-méritérranéenne qui s’active... En dépit des tensions politiques qui se manifestent de l’autre côté de la Méditerranée, au Proche-Orient, la coopération entre l’UE et certaines régions de la Méditerranée se poursuit. On peut même dire qu’elle s’accentue depuis le processus enclenché à Barcelone en 1995, qui vise à la création d’une zone de libre-échange entre les deux rives de la Méditerranée d’ici 2010. La manifestation “Euro-Mediterranean Transport Forum”, qui eut lieu tout récemment à Bruxelles s’inscrivait dans ce contexte.
Pays-Bas: la ministre des Transports pressée de prendre des mesures pour réduire les files et remettre les trains à l’heure La ministre néerlandaise des Transports Tineke Netelenbos a présenté mercredi dernier son budget à la Deuxième Chambre. Un gros morceau dans les finances des Pays-Bas, à savoir 13,3 mia. d’EUR, le troisième après l’enseignement et les affaires sociales. On attendait des demandes pressantes de la part de parlementaires pour s’attaquer aux problèmes des files et du transport ferroviaire.
Sonatrach and Itochu mull LNG ship tie up Two partners of 30 years believe there is a need for a new LNG shipowning venture.
IMC orders tanker in China The Hong Kong-listed shipowner has grabbed an early 2003 delivery slot for a handysize product tanker.
OOCL Envoy held in Australia The Hong Kong liner operator's containership was among ten ships to fall foul of Australian port state control last month.
Seafarer killed in boxship explosion An explosion killing one seafarer and injuring two others has hit a Norwegian-owned containership.
MTC on the acquisitions trail Richard du Moulin's Marine Transport Corporation has asked mergers and acquisitions specialist ING Barings to plot a path to expansion.
EC blasts Korean shipbuilders in new report The European Commission's latest report into alleged low price offers at Korean yards says the Asian country is still to blame for the struggling worldwide market.
Torm orders another products tanker Danish products tanker owner Torm has sold and chartered back one tanker in order to buy another, boosting its pre-tax profit forecast yet again.
Swedish Orient Line teams up with Pol-Levant The Swedish liner company has agreed to work together with Poland's Pol-Levant on services between Scandinavia and the Med.
Reefer market sends shiver through Nomadic Norway's reefer player Nomadic Shipping has announced further losses for the first nine months of 2000.
Outflow valve to blame for Premuda tanker leak Italian tanker operator Premuda has said a small oil leak from its OBO Four Astra was an operational problem and the ship is undamaged.
Wilh Wilhelmsen bullish on Daewoo cash crisis The Norwegian shipping group's car carrier business has been hit by troubles at Daewoo Motor Co, but expects to get paid eventually.
HMM hit by debt and currency burden Hyundai Merchant Marine has seen a dramatic decline in third quarter-profits despite buoyant freight rates.
Bunker costs hit profit leap at WG&A The Philippines' largest ferry operator has seen a dramatic growth in year-on-year net profits despite a massive hike in its fuel bill.
Thoresen Thai reduces losses Thailand's bulk shipowner Thoresen Thai is still suffering from currency depreciation blues, but 2000 has been a lot better than 1999.
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