Ex-RCL veteran sets up own feeder company [SINGAPORE] Ex-Regional Container Lines (RCL) stalwart Chan Tuck Hoi has set up a new feeder company, New Econ Line, based in Singapore, which is poised to compete with his former employer.
S Africa denies it refused shelter to bulk carrier
One day soon we'll be flying on advertising tubes
OOCL's Jim Poon to retire
NZ port operator's volume up
Air and Land Transport
Asian airlines may raise fares due to higher fuel costs [KUALA LUMPUR] Asian carriers may have to increase air fares to cope with rising jet fuel costs despite improving passenger and freight load factors, an industry official said.
Indian officials passing the buck in Alliance Air crash
Impulse Air to offer cheaper fares on Internet
Eurostar's revenues in first half 9% higher
Features
Industry struggling to lift off [TAIPEI] TAIWAN'S fledgling aviation industry has been hard hit by slow international demand, and things are not expected to improve before the end of 2001 despite a push for joint overseas ventures, industry officials say. "There will still be clouds on the horizon of the aviation sector next year," said Jack Tang, deputy director of the economic ministry's committee for aviation and space industry development.
Logistics
Emery bags deal to handle Tyco unit's logistics in Asia-Pac [SINGAPORE] US-based supply chain management company Emery Worldwide has clinched its largest healthcare logistics contract in the Asia-Pacific from Tyco Healthcare, a unit of diversified manufacturer Tyco International.
Ex-RCL veteran sets up own feeder company [SINGAPORE] Ex-Regional Container Lines (RCL) stalwart Chan Tuck Hoi has set up a new feeder company, New Econ Line, based in Singapore, which is poised to compete with his former employer.
S Africa denies it refused shelter to bulk carrier
One day soon we'll be flying on advertising tubes
OOCL's Jim Poon to retire
NZ port operator's volume up
Air and Land Transport
Asian airlines may raise fares due to higher fuel costs [KUALA LUMPUR] Asian carriers may have to increase air fares to cope with rising jet fuel costs despite improving passenger and freight load factors, an industry official said.
Indian officials passing the buck in Alliance Air crash
Impulse Air to offer cheaper fares on Internet
Eurostar's revenues in first half 9% higher
Features
Industry struggling to lift off [TAIPEI] TAIWAN'S fledgling aviation industry has been hard hit by slow international demand, and things are not expected to improve before the end of 2001 despite a push for joint overseas ventures, industry officials say. "There will still be clouds on the horizon of the aviation sector next year," said Jack Tang, deputy director of the economic ministry's committee for aviation and space industry development.
Logistics
Emery bags deal to handle Tyco unit's logistics in Asia-Pac [SINGAPORE] US-based supply chain management company Emery Worldwide has clinched its largest healthcare logistics contract in the Asia-Pacific from Tyco Healthcare, a unit of diversified manufacturer Tyco International.
Ex-RCL veteran sets up own feeder company [SINGAPORE] Ex-Regional Container Lines (RCL) stalwart Chan Tuck Hoi has set up a new feeder company, New Econ Line, based in Singapore, which is poised to compete with his former employer.
S Africa denies it refused shelter to bulk carrier
One day soon we'll be flying on advertising tubes
OOCL's Jim Poon to retire
NZ port operator's volume up
Air and Land Transport
Asian airlines may raise fares due to higher fuel costs [KUALA LUMPUR] Asian carriers may have to increase air fares to cope with rising jet fuel costs despite improving passenger and freight load factors, an industry official said.
Indian officials passing the buck in Alliance Air crash
Impulse Air to offer cheaper fares on Internet
Eurostar's revenues in first half 9% higher
Features
Industry struggling to lift off [TAIPEI] TAIWAN'S fledgling aviation industry has been hard hit by slow international demand, and things are not expected to improve before the end of 2001 despite a push for joint overseas ventures, industry officials say. "There will still be clouds on the horizon of the aviation sector next year," said Jack Tang, deputy director of the economic ministry's committee for aviation and space industry development.
Logistics
Emery bags deal to handle Tyco unit's logistics in Asia-Pac [SINGAPORE] US-based supply chain management company Emery Worldwide has clinched its largest healthcare logistics contract in the Asia-Pacific from Tyco Healthcare, a unit of diversified manufacturer Tyco International.
Ex-RCL veteran sets up own feeder company [SINGAPORE] Ex-Regional Container Lines (RCL) stalwart Chan Tuck Hoi has set up a new feeder company, New Econ Line, based in Singapore, which is poised to compete with his former employer.
S Africa denies it refused shelter to bulk carrier
One day soon we'll be flying on advertising tubes
OOCL's Jim Poon to retire
NZ port operator's volume up
Air and Land Transport
Asian airlines may raise fares due to higher fuel costs [KUALA LUMPUR] Asian carriers may have to increase air fares to cope with rising jet fuel costs despite improving passenger and freight load factors, an industry official said.
Indian officials passing the buck in Alliance Air crash
Impulse Air to offer cheaper fares on Internet
Eurostar's revenues in first half 9% higher
Features
Industry struggling to lift off [TAIPEI] TAIWAN'S fledgling aviation industry has been hard hit by slow international demand, and things are not expected to improve before the end of 2001 despite a push for joint overseas ventures, industry officials say. "There will still be clouds on the horizon of the aviation sector next year," said Jack Tang, deputy director of the economic ministry's committee for aviation and space industry development.
Logistics
Emery bags deal to handle Tyco unit's logistics in Asia-Pac [SINGAPORE] US-based supply chain management company Emery Worldwide has clinched its largest healthcare logistics contract in the Asia-Pacific from Tyco Healthcare, a unit of diversified manufacturer Tyco International.
Singapore company confirms it's shopping for a U.S. yard Singapore Technologies Engineering is trying to acquire a shipyard in the U.S. and is willing to pay U.S. $60-U.S.$180 million, according to CEO Boon Swan Foo.
LR warns tanker owners of Paris MOU crackdown In its latest Classification News . Lloyd's Register advises owners of the Paris MOU's intention to initiate a targeted inspection campaign on tankers greater than 3,000 gt and 15 years of age during the period September 1 - November 30
H&W problems will impact Fred Olsen Energy profits Redundancy costs related to terminations at Harland & Wolff will impact the profits of Fred Olsen Energy, which owns 70.8% of the Northern Ireland yard
How Aker Maritime will pay for that chunk of Kværner Aker Maritime has responded to an inquiry from the Oslo Stock Exchange concerning the financing of its NOK 2.6 billion purchase of shares and subscription rights in Kværner last week.
Shell orders two LNG carriers from MHI Shell International Gas Ltd has ordered two Liquefied Natural Gas (LNG) carriers from the Mitsubishi Heavy Industries (MHI) shipyard in Japan. The two vessels have been secured against the background of a growing portfolio of Shell LNG projects around the world
Bacteria-based bilge water treatment system completes trials A Great Lakes cargo vessel recently completed successful sea trials with an oil water separator that uses safe,non-pathogenic hydrocarbon-ingesting bacteria to treat bilge water
AESA is merged into Bazan Spaish shipbuilders Bazan and Astilleros Españoles SA have now become a single company, all the shares in which are owned by the state agency SEPI.
European Commission approves conditional funding for Trasmediterránea The European Commission today authorized "State aid" funding for Spanish ferry operator Compañía Trasmediterránea, to continue
JE Hyde takes S&P on to web JE HYDE has stolen a march on its rivals by creating an internet ship sale and purchase marketplace in a joint venture with a US e-commerce firm.
Slater buys Krupp bulk behemoths PAUL Slater's First International Group is set to become the largest player in the market for very large dry bulk vessels by acquiring Krupp Seeschiffahrt, part of the German industrial conglomerate Thyssen-Krupp.
Harland and Woolf redundancy costs to hit Fred Olsen profit FRED Olsen Energy of Norway has warned that its second quarter net profit will be £8m ($12m) lower, largely on account of redundancy costs at its 70.8%-owned shipyard Harland and Wolff. The company, which is scheduled to present its interims next Wednesday, refused to say whether this would mean a net loss for the group as a whole.
Precious debt rejig finalised THAI handy-sized bulk carrier operator Precious Shipping has successfully completed its financial restructuring with agreement from its Eurobond holders.
Tanker rates stay buoyant TANKER freight rates will remain healthy for at least two more years while ship values adjust substantially upwards, Norwegian shipbroker Fearnleys has predicted.
Fairplay breaks mould with new tug A sophisticated stern drive tug Fairplay 25 will be delivered to Hamburg-based Fairplay Towage this week by the Astilleros Zamakona Shipyard in Bilbao, writes Jack Gaston.
General Ore VLGC plan General Ore International is close to ordering up to two very large gas carriers at Hyundai Heavy Industries in South Korea.
Rate of UK ship detentions shows a slight increase SOME 16 vessels were detained by British port state control last month, with a further four still held from previous months, according to figures released by the Maritime and Coastguard Agency.
Imperial Holdings acquiert 51% de Haniel Reederei Le holding Franz Haniel & Cie de Duisbourg et Imperial Holdings Ltd de Edenvale, près de Johannesbourg en Afrique du Sud, annoncent dans un communiqué de presse commun que la division fluviale Haniel Reederei Holding a été vendue à ce second. Dans une première phase, Imperial Holdings reprend 51% des parts. Les 49 autres pour cent suivront dans les trois prochaines années. Si les autorités anti-cartel compétentes approuvent cette prise de participation majoritaire, la transaction sera entérinée avec effet rétroactif jusqu'au 1er janvier 2000.
Les ports flamands à l'heure d'un décret portuaire Avant de partir en vacances, le gouvernement de la Flandre a approuvé l'arrêté d'exécution se rapportant au décret portuaire qui a pour effet de situer les ports de mer dans un cadre opérationnel bien défini comportant certaines règles. Ledit décret implique notamment l'engagement d'un "commissaire portuaire" et définit pour les administrations portuaires les règles en matière de droit d'acquisition, ainsi que la composition et le fonctionnement de la Commission portuaire flamande. Figure également la création d'organes de concertation sous-régionaux. Les ports seront désormais inscrits dans un encadrement assez strict en ce qui concerne la politique et la gestion, dont le principal objectif est d'éviter des concurrences internes néfastes et une utilisation optimale des investissements.
CMA CGM: trois services sur l'AN lui conféreraient le titre de "Global carrier" Dès le 1er novembre prochain, du moins si les négociations en cours avec Mærsk Sealand aboutissent, l'armement français CMA CGM, assurerait prochainement 3 services distincts sur l'Atlantique, du Nord au Sud. Les négociations en question portent sur une location de slots, soit l'équivalent de 600 TEU par semaine dans chaque sens. Si l'accord est réalisé, ce qui devrait intervenir d'ici trois à quatre semaines, CMA CGM pourrait alors se parer du titre de"global carrier" à part entière. Pour l'instant en effet, l'armement français n'a qu'une faible activité sur l'Atlantique, du moins au départ de la façade atlantique de l'Europe, via son service Tour du monde assuré en coopération avec Marfret et Contship, service westbound qui touche New York, Norfolk et Savannah.
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