PSA opts out of Italian container terminal venture [SINGAPORE] PSA Corp has pulled out of a potential joint venture with Italian partners to run Italy's fourth busiest container terminal at the country's Leghorn port.
Freight rates climb to 30-year high
Air and Land Transport
Grounding Concorde flights will allow tyre problems to be solved [LONDON] The UK's Civil Aviation Authority yesterday suspended the airworthiness certification for the supersonic Concorde aircraft, a day after British Airways preempted the move by grounding its seven jets.
Hainan Air's profit plunges 60% as fuel costs jump
Emery, US postal service set up parcel delivery programme
Nigeria, US resume direct air link
Features
Time running out for Titanic [ATLANTA] TIME is running out to get inside the Titanic because the hull is deteriorating at a rapid rate, said the president of the Atlanta-based company conducting salvage operations at the ship.
Logistics
Lufthansa Cargo expects sterling results this year [SINGAPORE] Lufthansa Cargo, the cargo unit of the Lufthansa Aviation Group, is expecting one of its best financial years in recent history, as a result of global economic recovery and rising demand, executive board member Andreas Otto said in a press conference last week.
PSA opts out of Italian container terminal venture [SINGAPORE] PSA Corp has pulled out of a potential joint venture with Italian partners to run Italy's fourth busiest container terminal at the country's Leghorn port.
Freight rates climb to 30-year high
Air and Land Transport
Grounding Concorde flights will allow tyre problems to be solved [LONDON] The UK's Civil Aviation Authority yesterday suspended the airworthiness certification for the supersonic Concorde aircraft, a day after British Airways preempted the move by grounding its seven jets.
Hainan Air's profit plunges 60% as fuel costs jump
Emery, US postal service set up parcel delivery programme
Nigeria, US resume direct air link
Features
Time running out for Titanic [ATLANTA] TIME is running out to get inside the Titanic because the hull is deteriorating at a rapid rate, said the president of the Atlanta-based company conducting salvage operations at the ship.
Logistics
Lufthansa Cargo expects sterling results this year [SINGAPORE] Lufthansa Cargo, the cargo unit of the Lufthansa Aviation Group, is expecting one of its best financial years in recent history, as a result of global economic recovery and rising demand, executive board member Andreas Otto said in a press conference last week.
PSA opts out of Italian container terminal venture [SINGAPORE] PSA Corp has pulled out of a potential joint venture with Italian partners to run Italy's fourth busiest container terminal at the country's Leghorn port.
Freight rates climb to 30-year high
Air and Land Transport
Grounding Concorde flights will allow tyre problems to be solved [LONDON] The UK's Civil Aviation Authority yesterday suspended the airworthiness certification for the supersonic Concorde aircraft, a day after British Airways preempted the move by grounding its seven jets.
Hainan Air's profit plunges 60% as fuel costs jump
Emery, US postal service set up parcel delivery programme
Nigeria, US resume direct air link
Features
Time running out for Titanic [ATLANTA] TIME is running out to get inside the Titanic because the hull is deteriorating at a rapid rate, said the president of the Atlanta-based company conducting salvage operations at the ship.
Logistics
Lufthansa Cargo expects sterling results this year [SINGAPORE] Lufthansa Cargo, the cargo unit of the Lufthansa Aviation Group, is expecting one of its best financial years in recent history, as a result of global economic recovery and rising demand, executive board member Andreas Otto said in a press conference last week.
PSA opts out of Italian container terminal venture [SINGAPORE] PSA Corp has pulled out of a potential joint venture with Italian partners to run Italy's fourth busiest container terminal at the country's Leghorn port.
Freight rates climb to 30-year high
Air and Land Transport
Grounding Concorde flights will allow tyre problems to be solved [LONDON] The UK's Civil Aviation Authority yesterday suspended the airworthiness certification for the supersonic Concorde aircraft, a day after British Airways preempted the move by grounding its seven jets.
Hainan Air's profit plunges 60% as fuel costs jump
Emery, US postal service set up parcel delivery programme
Nigeria, US resume direct air link
Features
Time running out for Titanic [ATLANTA] TIME is running out to get inside the Titanic because the hull is deteriorating at a rapid rate, said the president of the Atlanta-based company conducting salvage operations at the ship.
Logistics
Lufthansa Cargo expects sterling results this year [SINGAPORE] Lufthansa Cargo, the cargo unit of the Lufthansa Aviation Group, is expecting one of its best financial years in recent history, as a result of global economic recovery and rising demand, executive board member Andreas Otto said in a press conference last week.
Box blunder upsets new feedership A BRAND new feedership loaded with containers is lying on her side outside Port Said after capsizing.
CP Ships swoops for seven boxships Expansion minded CP Ships has acquired seven panamax-dimensioned containerships on the secondhand market in transactions worth more than $150m.
TMM debt rating is downgraded by S&P US ratings agency Standard & Poors has downgraded the debt rating for Mexican transport giant Trans- portacion Maritima Mexicana, citing "the continuing deterioration" of TMM's financial profile.
Frontline shares sale offsets Wilhelmsen loss on tankers WILH Wilhelmsen has cashed in half its Frontline shareholding during the current tanker boom, the Oslo-listed shipping group revealed yesterday.
Unhappy Scottish end for Croatia cruiseship SOME 280 Russian cruiseship passengers were treated to an extended stay in Leith Docks when their vessel was detained by UK port state control.
Green awards for dumping row ships TWO Celebrity Cruises vessels at the centre of pollution dumping allegations in the US are among the first vessels to be awarded an environmental standards benchmark from Lloyd's Register.
Mersey Docks to lead Maputo port revival THE deal to privatise the operation of Maputo port has been given the full go-ahead by the Mozambique government - more than three years after the process was begun.
UK team on standby for sub rescue A BRITISH military rescue team flew to Trondheim in Norway on emergency standby yesterday, ready to help more than 100 Russian sailors trapped inside the stricken submarine Kursk at the bottom of the Barents Sea.
Anvers: le fluvial enregistre une progression record de 22,4% du trafic containérisé Durant les six premiers mois de l'année, la navigation fluviale a transporté un volume record de 34,64 mio. de tonnes de marchandises de et vers le port d'Anvers. Comparé à la même période de l'an dernier, cela constitue une progression de 4,4 mio. de tonnes. La flotte néerlandaise est de loin la plus active dans ce trafic et la plupart des produits à l'entrée et à la sortie proviennent ou sont à destination des Pays-Bas.
Quatorze armements rejettent les amendes de la CE et contre-attaquent devant la Cour européenne de justice On savait que plusieurs armements membres de l'ancien accord Far East Trade Tariff Charges and Surcharges Agreement (FETTCSA) avaient décidé de ne pas payer les amendes que leur avait infligées la Commission européenne pour formation et pratiques de cartel et qu'ils envisageaient même de contre-attaquer en justice. C'est maintenant chose faite, depuis la fin de la semaine dernière. Quatorze des quinze membres dudit accord ont introduit un recours auprès de la Cour européenne de première instance de Luxembourg. La démarche a pour but d'obtenir l'annulation de ces amendes, voire leur réduction de manière substantielle. Un seul armement fait bande à part: Mærsk Sealand qui a décidé de payer les 836.000 Eur, soit 33,8 mio. de BEF.
L'économie asiatique renaît et entraîne le fret aérien dans son sillage Le relance de l'économie asiatique a non seulement mené à un boom dans le transport de fret aérien vers cette région, mais a en outre contribué à une hausse de 7,1% de l'ensemble du transport de fret aérien. C'est ce qui ressort de l'Air Cargo Manual 1999 de l'IATA, publié vendredi.
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