Fall in Asian maritime stocks may be short-lived [SINGAPORE] The drop in Asian maritime shipping stocks may be temporary when investors realise freight rate gains are likely to outweigh bigger fuel bills, said John Casey, an analyst at SG Securities (Singapore) Pte.
Standards of main class societies vary widely
Air and Land Transport
Qantas soars to record full-year profit [SYDNEY] Qantas Airways Ltd's full-year earnings soared to a record high yesterday, buoyed by solid growth on key routes and savvy fuel hedging, but Australia's flag carrier warned of fierce competition and higher costs.
Cathay to start 3 cargo services
US airlines may raise fares despite passenger resentment
Airline fuel tanks are safe: study
Features
Crash hurts beautiful people [NEW YORK] WHEN Seagram's Edgar Bronfman Jr and Vivendi's Jean-Marie Messier needed to promote the merger of their Canadian and French media and entertainment giants, they jumped on the Concorde and jetted to Paris, New York and London for a round of investor meetings and press briefings, all within 24 hours.
Fall in Asian maritime stocks may be short-lived [SINGAPORE] The drop in Asian maritime shipping stocks may be temporary when investors realise freight rate gains are likely to outweigh bigger fuel bills, said John Casey, an analyst at SG Securities (Singapore) Pte.
Standards of main class societies vary widely
Air and Land Transport
Qantas soars to record full-year profit [SYDNEY] Qantas Airways Ltd's full-year earnings soared to a record high yesterday, buoyed by solid growth on key routes and savvy fuel hedging, but Australia's flag carrier warned of fierce competition and higher costs.
Cathay to start 3 cargo services
US airlines may raise fares despite passenger resentment
Airline fuel tanks are safe: study
Features
Crash hurts beautiful people [NEW YORK] WHEN Seagram's Edgar Bronfman Jr and Vivendi's Jean-Marie Messier needed to promote the merger of their Canadian and French media and entertainment giants, they jumped on the Concorde and jetted to Paris, New York and London for a round of investor meetings and press briefings, all within 24 hours.
Fall in Asian maritime stocks may be short-lived [SINGAPORE] The drop in Asian maritime shipping stocks may be temporary when investors realise freight rate gains are likely to outweigh bigger fuel bills, said John Casey, an analyst at SG Securities (Singapore) Pte.
Standards of main class societies vary widely
Air and Land Transport
Qantas soars to record full-year profit [SYDNEY] Qantas Airways Ltd's full-year earnings soared to a record high yesterday, buoyed by solid growth on key routes and savvy fuel hedging, but Australia's flag carrier warned of fierce competition and higher costs.
Cathay to start 3 cargo services
US airlines may raise fares despite passenger resentment
Airline fuel tanks are safe: study
Features
Crash hurts beautiful people [NEW YORK] WHEN Seagram's Edgar Bronfman Jr and Vivendi's Jean-Marie Messier needed to promote the merger of their Canadian and French media and entertainment giants, they jumped on the Concorde and jetted to Paris, New York and London for a round of investor meetings and press briefings, all within 24 hours.
Kelvin Hughes ECDIS chosen for Watch-1 chemical tanker The first Kelvin Hughes type approved electronic chart and display system (ECDIS) has been installed on a new chemical carrier, as part of an integrated bridge system (IBS) that meets DNV Watch-1 standards.
Coflexip Stena aids in sub rescue bid At the request of the British Ministry of Defense, Coflexip Stena Offshore has released the vessel Normand Pioneer to assist with the rescue mission of the Russian submarine, Kursk,
Boom time P&O Nedlloyd yesterday unveiled a set of sparkling figures which underlined the dramatic turnaround in global shipping markets.
Officers to benefit "IT'S at times like this millionaires are made," Clarkson's Richard Fulford-Smith proclaimed earlier this week. But what's in the shipping boom for those at the industry coalface?
Record quarter for P&O Nedlloyd THE second quarter produced a record set of figures for P&O Nedlloyd, with both profit and cargo volumes the highest since the Anglo- Dutch carrier was formed at the beginning of 1997.
ThyssenKrupp pulls steel division float GERMAN industrial giant ThyssenKrupp has cancelled next month's partial float of its steel unit ThyssenKrupp Steel, writes Sabina Casagrande, Cologne.
Hyundai wins order for four VLCCs from Vela VELA International Marine, the shipping arm of Saudi Aramco, is reported to have ordered four VLCCs from South Korea's Hyundai Heavy Industries.
Eurogate box volumes sky rocket in first six months EUROGATE, Europe's largest container handling group, saw handling volumes skyrocket in the first half of this year.
Oil is secret of Kursk's deadly Arctic affair FOR 40 years the Kremlin, the Moscow-based general staff and the naval command have silently argued among themselves over how important the Arctic Ocean is to Russia's fighting strategy.
ICTSI denies sell-off plans for subsidiaries THE Philippines' largest container terminal operator, International Container Terminal Services Inc, has denied that it is selling its foreign subsidiaries.
P&ONL devrait clôturer l'exercice dans le noir La nouvelle équipe dirigeante de P&ONL, à savoir Haddo H. Meijer, qui succède à L.J.M. Berndsen en tant que président du comité exécutif de l'armement et Robert Woods, nouveau Group managing director, avait tout lieu de faire preuve de satisfaction lors de la conférence de presse donnée jeudi dernier au World Trade Center de Schiphol. Ils annonçaient la bonne nouvelle: P&ONL a réalisé un très bon deuxième trimestre et s'oriente vers le stade de la rentabilité, vers un résultat positif en fin d'année. Le bénéfice opérationnel est passé à 44 mio. d'USD (contre une perte de 18 mio. lors du 2e trimestre 99), tandis que le bénéfice avant taxes a atteint 28 mio. d'USD (contre une perte de 32 mio. en 99). Donc des progressions respectives de 60 et 57 mio. d'USD, soit les meilleurs résultats depuis depuis le début des activités en 1997.
VG&L Benelux intègre le flux d'informations et de marchandises avec 'Quick Step' "Par l'introduction de 'Quick Step', Van Gend & Loos Benelux entend se positionner comme un prestataire de services de la plus haute qualité via un guichet unique pour des cargaisons emballées en Europe. A cet effet, nous avons élaboré un système qui nous donne la garantie maximale de pouvoir proposer un service de haute qualité, qui réduit quasiment à néant les erreurs et nous permet de répondre efficacement aux développements futurs", déclare Geert Decorte, le dirigeant du projet de Quick Step Belgique. Il s'agit en fait de doter les marchandises d'un code-barres et d'une étiquette PDF chez le fournisseur, après quoi VG&L procède à des scannings permanents tout au long des différentes étapes du flux de marchandises et ce, jusqu'à la livraison finale.
Le yen fort marque de son empreinte les résultats des car carriers japonais Les grands car carriers japonais NYK, MOL et K-Line prévoient une nouvelle baisse des bénéfices pour cette année en raison de l'impact du yen fort sur les exportations de voitures. Suite à la baisse des exportations japonaises, ces opérateurs sont de plus en plus actifs dans les secteurs cross-trades.
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