Class societies leading the way to higher standards [SINGAPORE] Classification societies are far from dead and are helping to lead the way to a higher quality shipping environment, according to Det Norske Veritas's (DNV) top manager based here.
LA port's Sept cargo up 25.3% year-on-year
Air and Land Transport
Ex-S'pore air cargo demand forecast to ease near-term [SINGAPORE] Cargo demand out of Singapore, although strong in October, is likely to taper off in the near-term led by an expected decline in electronics export traffic, airline and cargo forwarder officials said.
Most UK rail services to return to normal this week
US panel begins work on improving flight delay info
Log Book
Features
A sea of knowledge AUSTRALIA is preparing to launch its own equivalent of the Hellenic Marine Environment Protection Association (HELMEPA), in an initiative designed to focus the younger generations' attention on the island nation's intrinsic relationship with its waterways and seas.
Class societies leading the way to higher standards [SINGAPORE] Classification societies are far from dead and are helping to lead the way to a higher quality shipping environment, according to Det Norske Veritas's (DNV) top manager based here.
LA port's Sept cargo up 25.3% year-on-year
Air and Land Transport
Ex-S'pore air cargo demand forecast to ease near-term [SINGAPORE] Cargo demand out of Singapore, although strong in October, is likely to taper off in the near-term led by an expected decline in electronics export traffic, airline and cargo forwarder officials said.
Most UK rail services to return to normal this week
US panel begins work on improving flight delay info
Log Book
Features
A sea of knowledge AUSTRALIA is preparing to launch its own equivalent of the Hellenic Marine Environment Protection Association (HELMEPA), in an initiative designed to focus the younger generations' attention on the island nation's intrinsic relationship with its waterways and seas.
Class societies leading the way to higher standards [SINGAPORE] Classification societies are far from dead and are helping to lead the way to a higher quality shipping environment, according to Det Norske Veritas's (DNV) top manager based here.
LA port's Sept cargo up 25.3% year-on-year
Air and Land Transport
Ex-S'pore air cargo demand forecast to ease near-term [SINGAPORE] Cargo demand out of Singapore, although strong in October, is likely to taper off in the near-term led by an expected decline in electronics export traffic, airline and cargo forwarder officials said.
Most UK rail services to return to normal this week
US panel begins work on improving flight delay info
Log Book
Features
A sea of knowledge AUSTRALIA is preparing to launch its own equivalent of the Hellenic Marine Environment Protection Association (HELMEPA), in an initiative designed to focus the younger generations' attention on the island nation's intrinsic relationship with its waterways and seas.
Major ocean carriers form joint Web venture Five container lines announced plans Monday to develop a single Internet portal called Inttra that would allow shippers and forwarders to transact a variety of businesses through a single website.
Hanjin reaches 25-year agreement on terminal at Long Beach The South Korean shipping line will have a 25-year lease for the largest container terminal to be built at the port. Hanjin, which currently operates the busiest container terminal in Long Beach, will pay the port at least $42 million a year to lease the facility.
China lags behind in e-commerce
Truckers obey injunction at Montreal, but few trucks, containers move
G-Log latest e-logistics firm to partner with Commerce One.net
Bill containing ACE funding faces veto
FedEx to assist dance group's tour of China
Mexico finalizes Maquiladora drawback program
Storms wreak havoc in northern Europe
Primary Freight hires Belsito
STB reaffirms support for railroad in contract dispute with utility
Aker Maritime sells deepwater division and Canadian unit Coflexip Stena Offshore has entered into a conditional agreement to acquire Aker Maritime ASA's deepwater operations, headquartered in Houston, for $513 million plus the assumption of net debt estimated to amount to $112 million. The division includes the Aker Gulf Marine yard in Texas. Aker Maritime bought out a partner's 49% holding in the yard earlier this year for $86 million. Separately, Aker Maritime announced that its Maritime Hydraulics (MH) unit is selling its Canadian subsidiary Maritime Hydraulics (Canada) Ltd. which, despite the "maritime" in its name, actually designs and manufactures onshore drilling equipment.
Mærsk Sealand revient à Anvers avec un “loop” sur le Far East Le port d’Anvers termine l’année 2000 sur une bonne note. En effet après pratiquement 6 ans d’absence le grand armement danois, qui porte désormais l’étiquette de Mærsk Sealand, revient à Anvers en direct avec un service intégralement containérisé assuré entre l’Europe et le Far East. Il s’agit du sercice hebdomadaire AE 2 pour lequel sont alignés 8 PC de 4.500 à 5.000 TEU. Une première escale est attendue vers la fin décembre prochain au terminal à marée de la Noord Natie sur l’Escaut. Le rythme régulier des touchées ne devrait démarrer que vers la fin janvier. Ce retour se ferait donc en deux phases.
KLM affiche d’excellents résultats semestriels La compagnie aérienne néerlandaise KLM a réalisé au cours du premier semestre de 2000, qui s’est terminé le 30 septembre dernier, un résultat d’exploitation de 301 mio. d’EUR et un bénéfice net de 161 mio. d’EUR. Les prix de carburant ont fort contribué à la hausse des coûts et obligent KLM à augmenter les tarifs.
La première tranche d’actions Deutsche Post pourrait rapporter 7,4 mia. d’EUR La poste allemande a rendu public samedi dernier les modalités definitives de l’introduction en bourse d’une partie de ses actions. Il a été annoncé que l’IPO portera sur 278 mio. d’actions, soit 25% du capital. Si jamais la demande devait être trop importante, un paquet de 42,8 mio. d’actions supplémentaires serait également mis sur le marché, ce qui porterait ce pourcentage à 29%. La fourchette de prix est basse, estiment les analystes. Cela s’explique par les conditions actuelles sur le marché... et par le fait qu’il y a toujours la menace de sanctions de la part de la Commission européenne. Par ailleurs, Klaus Zumwinkel, le président de DP, a déclaré dans une interview qu’il espère que l’entreprise postale sera privatisée à 100% d’ici cinq ans.
Samsung tipped for OOCL order The Korean yard looks to have beaten off competition from domestic and Japanese yards to win the Hong Kong owners' order for a new generation of mega-boxships.
Evergreen sees drop in revenue The giant Taipei-listed liner operator has seen revenues for the first nine months of 2000 drop by over 10%.
Barber pulls out of ISMA The International Shipmanagers' Association has lost another big name, but says the number of vessels controlled by its members is up 25%.
Marnavi tanker founders off French coast The French authorities have swooped on a fully laden chemical tanker in danger of sinking in storm force winds as memories of the Erika stalk the English Channel waters.
Knightsbridge Tankers' earnings soar Soaring VLCC market more than doubles Shell's charter hire costs.
Container lines back web portal Five of the top liner shipping companies are joining forces in a one stop shop e-commerce venture.
Boom times for Farstad Norwegian support vessel owner reports six fold increase in profit.
LISCO juggles fleet Lithuanian shipping company LISCO is rearranging its assets in preparation for privatisation.
Lukoil and Yenisei Shipping in joint venture Russian oil and gas giant Lukoil is to team up with Yenisei Shipping to service a Siberian oil field, according to a report.
Storms buffet north European shipping Memories of the oil spill from the tanker Erika surfaced as ships in the English Channel area ran into trouble in the face of hurricane force winds.
Neptune Lines orders car carriers The Greek shipowner has chosen Spanish yard HJ Barreras for its first ever newbuildings.
NSCSA back in black The National Shipping Company of Saudi Arabia made a profit in the third quarter, lifting its year-to-date figures out of the red.
Stena profits surge Swedish shipowner Stena AB has seen a huge jump in profit thanks to its tanker operations.
Aker hits gold offshore Aker Maritime is selling a US based oil and gas service company to Coflexip Stena Offshore for $625m.
Hanjin in $1bn Long Beach lease deal The Korean liner operator has agreed a deal with the US port to take on a massive new terminal for 25 years.
Malaysian budget boost for ship owners Finance minister Daim Zainuddin has proposed injecting additional capital resources into the nation's National Shipping Fund.
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